Hello, bitcoin talk users i am fresher from this stream, i don't understand "why bitcoin and ethereum meltdown"? any one please tell me what is the main resin why daily btc price going down, i have invest in BTC & ETH...... any one please tell me what is the resin, its market fluctuation or any one control these things...... There are more people becoming less interested in the coins than that there are people becoming interested in them. (Capital-wise obv, but there are also way less transactions these last couple of months.) Now why exactly people are becoming less interested in bitcoin can be for numerous reasons - - It's dropping in price (self-fulfilling prophecy), - they no longer feel the FOMO and decide to cash out etc.. - they no longer believe in the idea behind BTC. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ok, It Means the future of bitcoin is in danger? It depends what you're referring to that's in danger. If you're referring to bitcoin itself, then nah. Bitcoin ain't going anywhere. Bitcoin will be up and running whatever the price is(yes, even $1). If you're referring to the price that's in danger though, it's debatable in a trading perspective. It can continue to go down short term. It may also go up in price soon. No one knows. If you believe in the technology then why should you be worried? Unless you're here because you think bitcoin is a get-rich-quick scheme.
|
|
|
It's not advisable to do day trading at this times. You might end up waiting for nothing as price of both Bitcoin and Altcoin is not moving that much to earn at least 3% to 5 % in a day. I would buy those that are in deep red for Altcoins and wait not in a day but maybe in 2 days before I sell or until there's at least small change like 3% to 5 %.
I disagree. Even at times of price stagnation you should still be able to potentially profit from trades. The prices may look stagnant if you're just looking at 24-hr price on Coinmarketcap, but if you take a look at 1-10minute charts on exchanges, you can see that the prices still dances up and down even if it may not look like it.
|
|
|
First of all, try to find out how they got access to your wallet.
Check your system for any malware, trojans in specific that might have access to your clipboard or have a keylogger installed. Also check your browser history to see if you've ever logged in through a phishing website.
What wallet are you using with Etherscan? Ethereum Wallet, Parity Wallet, MyCrypto, MyEtherWallet or Metamask?
One of my friends told me that if telegram chat is left open ; hackers can attack using telegram. Is it true? Nope. Nothing is going to happen to you unless you do something like sending someone your private key, or download something fishy through telegram. I'm leaning more to the first possible scenario though, did you give anyone else your wallets private key? Probably through an airdrop?
|
|
|
Can you give us more information? What account was hacked? What did you do? I'm pretty sure Etherscan(if you're referring to https://etherscan.io/) was never a wallet service, only a blockchain explorer to trace wallets and transactions.
|
|
|
How to earn trust?
Well, people earn 'trust' points simply by having successful transactions with people; though some are earning trust ratings simply by helping out people. What do I write posts or guides that people really need this forum, I want to take advantage and get merit honestly.
Pretty much just write anything related to cryptocurrencies that people can find useful. But honestly though? If you have decent knowledge on bitcoin or cryptocurrencies in general, you could earn merit just by casually replying to topics while not trying too hard at all. It becomes organic.
|
|
|
MtGox did that because they got hacked
They got hacked by self. It can not be determined was hacked by hackers or by self. You can send Bitcoins from 1 address to another and declare it hackers for avoid taxation. I don't disagree, as it's definitely possible, but do you have any proof that it was in fat indeed a sort of "self-hack" to steal the money of their users?
|
|
|
Simply mostly because people think an approved ETF would be the "catalyst" for bitcoin to break the bear market trend, though even if an ETF may be approved after some time I don't think the effect on the markets will be as significant as people are expecting. Most people in the cryptocurrency space doesn't care about anything but the profit anyway, hence most people don't care if bitcoin gets heavily regulated as long as the price increases.
|
|
|
When people start to withdraw their bitcoin exchanges MtGox2 will happen? That's complete nonsense. Would it be more likely for a MtGox2 to happen if people just leave their funds on exchanges? How could withdrawing bitcoins cause a similar event to MtGox? It's the complete opposite.
They sell virtual Bitcoin what he dont have virtual Bitcoin imposible withdraw, it exist only inside exchanger Well, that's completely assuming that the current exchanges we have now would pull the same stunt though. Also, MtGox did that because they got hacked, hence they don't actually have the coins that people we're potentially trying to withdraw in the past. Not solely because they just want to.
|
|
|
If you're planning on doing trading then why is the current price important? If you're a decent trader you should be able to profit off your trades regardless if we're in a bear market or a bull market. Even if you're planning on doing mid-long term trading, wouldn't it actually be more beneficial buying the coins at a cheaper price? I don't get why you're reasoning is that the coins/tokens being currently too low. Unless you're the kind of trader that prefer buying high and selling low.
Actually i don't have proper knowledge about trading. So i want to gather knowledge from different perceptions. I know trading is risky job but it it beneficial too. So i want to strat trading. And i think that this is the right time to buy coins because all are too low. Alright. First thing you need to do is study then. Head over to https://lopp.net/bitcoin.html and navigate to the trading section. That list of articles and guides should keep you busy for a while. When you actually start your trading, make sure to only use a small amount just so it won't hurt you as much when you lose your trades(as you should expect to lose most of your trades as a beginner).
|
|
|
Or maybe don't use any bitcoin "investment" sites or "cloud mining" sites entirely; as 99% of these services are scams anyway. It's just simply either a scam(a ponzi scheme, most of the time), or a very unprofitable way of "investing" your money. I've yet to hear anyone who actually made profit off their GenesisMining contracts without doing the referral program.
|
|
|
When people start to withdraw their bitcoin exchanges MtGox2 will happen? That's complete nonsense. Would it be more likely for a MtGox2 to happen if people just leave their funds on exchanges? How could withdrawing bitcoins cause a similar event to MtGox? It's the complete opposite.
|
|
|
If you're planning on doing trading then why is the current price important? If you're a decent trader you should be able to profit off your trades regardless if we're in a bear market or a bull market. Even if you're planning on doing mid-long term trading, wouldn't it actually be more beneficial buying the coins at a cheaper price? I don't get why you're reasoning is that the coins/tokens being currently too low. Unless you're the kind of trader that prefer buying high and selling low.
|
|
|
Bitcoin is the king of all cryptocurrency so it mean if the price of altcoins and token will fall? Do you think bitcoin will happen too? If you can see now ethereum has already dropped a huge price all over 75% price lost if you calculate its price in the past price of ethereum but in bitcoin this is not happen.
Most of the time the scenario would be: Bitcoin rises; altcoins rises with it. Bitcoin drops; altcoins drop with it. Certain altcoins drop; bitcoin stays neutral. It's mostly because altcoins follow the price of bitcoin due to almost all the trading pairs being BTC/altcoin; but certain altcoins can drop on their own due to multiple possible reasons(scamquits, missed deadlines, etc).
|
|
|
Why does no one buy 10-20 coins? and do not keep them in a long time. I have been working this way for several years and do not have much capital loss
Because you have to understand that not all of us here on bitcointalk have been in the cryptocurrency space for years. Some of the members here(especially the ones asking these kinds of questions as OP) have only been here since the bull market December last year; hence a lot of them are in panic mode because they've lost a significant percentage of their initial investments.
|
|
|
Pretty much just don't do something stupid. Being cautious and realistic should be enough for you to not get scammed. As to earning though? It depends. We don't have the slightest idea on how you make your money. 1.-Don't use Windows, use linux or mac
I heavily suggest this, though this probably isn't for everyone; as a Linux OS may not work that well on a fresh install without doing any configurations. Might not be the best for the non tech-savvy. To OP: If you're planning on installing Linux, great! But I suggest doing a dual boot instead of erasing your Windows system entirely immediately. If you're using a OSX device though, you're probably fine. Just make sure your device is up to date. 6.-If you will join to an ICO, read the white paper and about the team, lets remember 90% of icos end in scam.
I honestly would go as far as suggesting that OP should prevent investing in ICOs entirely as it's too risky in my opinion.
|
|
|
A good idea would be to attach a random private key on the inside of the wrapper(but definitely not sequential), and place a 1 BTC prize on one of those wallets. That would somehow let people have an idea on how bitcoin works. Yes definitely a prize with an address and at least 1 penny in there would be very cool. Well, I don't think people would have the motivation on trying out the private keys if all they would get is a penny worth of bitcoin.
|
|
|
They knew this move was going to get a decent amount of publicity, and they got it. I mean, look at this LOL. shots fired: it doesn't come with a private key of a loaded bitcoin address, does it? Frankford should attach a random private key on each chocolate as a gimmick they don't even need to load bitcoin into addresses, just generate private key sequentially then let buyers check the balance on the explorer and steal someone's bitcoin A good idea would be to attach a random private key on the inside of the wrapper(but definitely not sequential), and place a 1 BTC prize on one of those wallets. That would somehow let people have an idea on how bitcoin works.
|
|
|
That picture didn't say $Bitcoin is $1 It only says $Bitcoin payment is accepted! and you can pay as little as $1. So I believe the pictures say a different thing from $Bitcoin at $1. Shows how shops over the world are beginning to find $Bitcoin a convenient way of paying! It will increase gradually until its generally adopted. My only worry is if the techology is going to scale to handle the bigger usage that is yet to come! Because I can't pay for a cup of coffee and wait 5 hours to get my coffee because of confirmation speeds. Things have to change in that aspect. Overall things are looking good for $Bitcoin regardless of the shape of the market now.
Walmart is selling "bitcoin" chocolates for $1. That's it. Where does it say that bitcoin payments are being accepted?
|
|
|
|