What do you think is happening?
Is people hoding less their coins?
Is there more manipulation by big whales, speculators or big institutional investors trying to profit the flavour of the moment?
I feel that there are big players "pumping and dumping" in order to manipulate the market to stabilize price and "control" in a certain way the price fluctuation.
Obviously bitcoin is very dangerous for our old corrupted economy, don't you think that in acertain way there's an unusual stop of the past few months trend?
After reaching $20k there's a correction to $17k and then price stabilizes at 11-12k with mini-dips that last seconds before going uptrend...
In my opinion the key factor could be also that if bitcoin reaches $30-50k then it will be very difficult for newcomers to buy bitcoin for buying altcoins in the exchanges.
So that stabilizing the price to an affordable $10k for a while could be a way to engage more people to bitcoinworld.
Or maybe it's all ok, there's no manipuation, it is a stanby before the big run to $50k-100k. Then newcomers will start buying and trading in Ethereum or Litecoin, because at the moment there aren't exchanges accepting fiat money, you have to enter and buy your altcoins directly with cryptocurrencies...
Which in your opinion are the main reasons?
We can not truely know the real reason behiend this change in price, but i think that there are tow reason that have lead to this, first are the transaction time and fees; in the last few months of 2017 the bitcoin network have seen a huge traffic that lead to the miner fees going up to some crazy numbers, and th transactions taking days weeks and even months to get confirmed which has made trading bitcoin an impossible thing, the sconde reason would be regulations; Bitcoin and cryptocurrency in general have became a multi million dollar industry, which has put the govermments in a situation where they need to either accept it or bann it, so investors right now are holing their money, to make sure theier investment whon't be illeagal, but i am sure that in the near future all of this will be behiend us and the prices will go back to going up again. |
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Hey Guys, i'm living in Australia, and just wanted to know any good places to buy coins here. So far, could only find Coinbase with acceptable fees but is limited.
Probably if you are looking for the best and the cheapast palce to buy coins, i would recommend using Ploniex as it has a wide variaety of coins that is constantly being updated, and the fees when exchanging or buying are fiarly low, i would not recommend buying bitcoin from coinbase, because not only it has a limited paymment methods, but it could track its users and how they spend their bitcoin, so your identity is not hidden which is the key feature to using cryptocurrency. |
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I was invited by a friend of a friend to invest in Bitcoin last year. He told me that if I invest 5000 in our currency it will be doubled in a month's time. He also promised me that I will get referral fees and override from every person I introduced to Bitcoin and that prices of Bitcoin are expected to increase. To make the story short I did not join because I believe its a pyramiding scam. Truth to be told I did my research on Bitcoin after that and it turn's out that Bitcoin's price was really on rise unfortunately I did not invest at that time. Currently I'm learning more thru this forum and I thank my friend for inviting me here. Just last December I heard from one of my friends that the company they joined was in fact a pyramiding scam and the money they invested in just vanished out of thin air together with the people who invited them. We should be wary of people offering investments and opportunities to us. Do your research. Opportunity comes with risks as well as the rewards. If its too good to be true, it might be a scam. Bitcoin is not a SCAM but there are people who uses Bitcoin to SCAM other people. Good luck to us and more power to Bitcoin!
The people who think that bitcoin a scam they probably have no idea or a limited information about it, these days people only join bitcoin just because they think it is a very easy and fast way to make a lot of moeny, and they don't even bother knowing what it is really about, and they go on investing hundred of dollars until at some point they lose their moeny because they don't know the risks, so they quit and camplain about how bitcoin is a total scam. |
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Hi, Nowadays thousands of ICO companies come into the world and die! The problem is that big part of those ICOs are means of just getting money and nothing else. It causes lack of trust and people are afraid of investing their money in ICOs. But there are many very interesting ICOs with high potential and ready product, which suffer from widespread opinion that majority of ICOs are scammers.E.g. KickCity is a company that has existed for two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion. Such companies shouldn't meet obstacles because of scammers!?What is your opinion on modern ICO regulations and investors' attitude to ICOs? P.S. all mentioned above is my personal opinion and I glad to hear any attitude  In every field there will always be scammers and people rewin the party for everyone, and the iCO field is no different, up until now i still haven't heard of any ICO scams, but i am sure that they will start coming up in the near future as it is a way of getting a lot of moeny, that is hwy people should never trust blindly what they see and always check and keep an eye for anything wierd about them, like unrealistic goals or a team of random people, and most importantly the whitepaper. |
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"Security is a main aim for all of us.
Security for our families, and also for our wealth.
I timed this yesterday — I spend on average 30 seconds every waking hour checking before I cross a road, or waiting to cross a road at a junction — do I spend 30 seconds every hour of my waking life thinking about currency risk? Probably not. And maybe I should.
We take great care to be safe crossing the road; also choosing travel; choosing leisure plans; choosing food — do we spend as much time every day choosing how to manage our currency?
There are a lot of risks in real life — let’s not make currency risk one of them.
Being secure makes you feel comfortable, and just have one less thing in busy lives to think about. Everything around modern life is geared to make our lives easier, everything is a click to add to your shopping basket or a promotion code to make you buy again. Even your bank probably send you a promotion code for insurance or extra services with them?
Globcoin want to make our currency choices more secure, and also easier to manage, on the safest platform — Ethereum. Let a team of currency experts manage your currency risk.
*Written by Linda Leaney — Globcoin CFO
Just promotional words to make you trust thier company, they say " on the safest platform Ethereum", isn't etehreum a cryptocurrency, there are no safe options in here we can never predict or control crypto, there is only adapting to what is going on, getting into this investment model you must already know the risks, it is baisicly like gambling you do your best and hope that luck turns to your favor. |
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I'm gonna be honest with you all , i have been trading/investing since 2017.
I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.
This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.
Just because bitcoin had a samll bump in th road, people have started to complain and quit and say that bitcoin is a scam, i am not sure what people expected the situation will be after the huge pump that happend last year, if you have started using bitcoin just last year and you already thinking of quiting than you truely don't know what bitcoin is truely about, bitcoin trading is all about paitience and dedication, and if you don't have that than you should have never started it. |
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Hi guys, BTC is going down again today.
I don´t hold any BTC because I don´t see future in this coin, but...
Always when BTC is going down so everyone else, do you think that in case of dramatic fall will every other crypto go down too?
And it brings me another question, when people sel their BTC, where the money goes? Do they make instant withdraws in USD and get out of the trade completely? Cos if BTC is going down some else should rise but whole market is on decrease.
The only reason the cryptocurrency market has been popular in the last few months is due to how huge bitcoin became and how its price skyrocketed over the last year, before that there was not as many people involved in this market like today, first the chances of bitcoin falling are low, because its price is way higher than any other cryptocurrency there is, so there will always be people investing in it, and if it does than it will defentily have a huge impact on the market, and we will defenitly see the prices of the other cryptocurrencies gow down as well, but sooner or later another one will start going up again and take the place of bitcoin. |
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I just started in the wild west that is crypto, and happened to trip over ripple and tron when they grew so it gave me a taste of how fast things can go up and down. What are some of your favorite coins right now and why?
Probably the best cryptocurrency for me after bitcoin will always going to ethereum, for me i always thought that altcoins are just a big scam because they all want to be successful as bitcoin, because they usaly don't have big of a diffrence and don't bring any new ideas to the cryptocurrency market, but ethereum is completely a diffrent story, not only it is not trying to be a copy of bitcoin but has new ideas that can actually make the cryptocurrency a thing that everyone is involved in, ethereum was the base of which initial coin offering has started, which have been very popualr for the past few months and i am sure it will become a very successful bussnies model in the future, and that is why ethereum is going to be the best. |
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I'm a newbie and have been into crypto for a couple of months now. I must say the advice from other members about not checking trades too often is very good. One can become obsessed with it, and I think the thrill of the "win" can be quite addictive. Similarly that depressed feeling when the world is "red" can be deflating as well. There must be a "happy" medium, if one is to maintain a balanced life.
I am happy that you actaully took the advise, because there are many people who don't understand the fact that cryptocurrency is a very volitale market and unstable and unpredictibale, and checking the price very seconde is not going to change that, in fact it might lead you to making stupid decesions that you will regret doing in the future, the key to being a good trader is being paitient and not watching the prices all day which is not addictive but also stressfull and not good for your health. |
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Hello guys i saw some newbie has a merit points haha.what do you think?they buy it or not?because anyone who had merit points can be transfer to other people or sell them to other people.
The only unfair thing about merits in m opinion is making it a requiremnt to ranking up, there are plenty of poeple who are constanly posting some productive posts and people don't give them merit, so they don't rank up as fast as others, while people with multiple accounts who are always spamming the forum could abuse this system and get into campaigns and rank up before those who actually stick to the rules. |
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Hi. I often play online casinos, but it is pain always to use bank for money deposits and withdraws. I started to research casino sites and found some articles about bitcoin casinos (for example - http://cryptland.com/best-bitcoin-casinos), so I have a question - can I trust any of these casinos and does they really pay out Bitcoins. It would be much easier to deposit, withdraw Bitcoins for me. If anybody has experience with Bitcoin casinos, please let me know. Thanks The casions featured on the website that you provided all seem secured and legit, but still i wouldn't trust them blindly as they seem to require you to deposite a minimum amount before you start gambling which seems a bit fishy to me, so it is better to double check on forums reddit or on goodle if they are legit or not, bitcoin gambling has been very slow recently because of transaction time and fees so you won't find a lot of people that actually have experience with these specific ones as they seem to be fairly new. |
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Hi all,
I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this.
Thanks
Going in in the cryptocurrency market , you should have known that it is a risky way of getting profit, as much money is there to be made in it there is also money to be lost, right now the cryptocrrency market is facing many problems one of them is regulation by the goverments so investors are waiting until thing become clear before dumping their moeny into it, but as soon as things gets fixed it will resume its growth, so holding right now is the only thing we can do, if you are impaitent or affraid to lose more moeny then go ahead and cut your losses, but when the prices go up, don't come crying and regretting that you didn't hold. |
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I am amazed with number of people being fooled with BTC:
1. Transactions takes hours
2. Fees are high
3. Development team sucks, uncapable solve scalability issues for years
4. Its not anonymous, every solution to make it, failed so far
5. Its centralized: who is biggest hash power owner? Who is biggest miner hardware provider? Who owns most of bitcoins? What is % of Bitcoins in coldstorage and what in exchanges ( Ye Mt Gox )
6. There is 0 economics for BTC, it just tight to USD with liquidity providers, cut that and try to value pizza box with just BTC
7. Its not store of value, its not digital gold, and it will never be 100k USD. Because it has no value. It has value only for energy probiders, hardware manufactures and random phils.
8. Its not insured, If some crap happened to your BTC, its gone.
Such crap will never be used in payments, noone wants to support Terrabytes or Petabytes of data.
Its funny to observe how uneducated shills trying to make casual office landline phone to look smart phone.
BTC is scam of the century, stay away.
I respect your opinion, no one said bitcoin is perfect and nothing is perfect in this world, that is why we have so many altcoins, each creator tries to make a coin that tries to succed where the others fialed, and you as a user have the choice to accept them or not, the reson why people are using bitcoin so much is because it was the first cryptocurrency and they use it mainly for its price, but i would like to point out that centrelization is a thing that is always going to be there, if there is a resource or a currency that people are using and it is popular there will always be people trying to rush into getting as much as they can from it just to get profit. |
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Bitcoin and Ethereum are two of the most popular digital coins today. In terms of value, bitcoin is much larger than ethereum, but in terms of potential, ethereum is quite capable of dealing with bitcoin. So you think which one is better?
If we are to compare bitcoin and ethereum, bitcoin was created wat before ethereum it was the first cryptrocurrency that was introduced to the world, means it has a bigger community and it is the first thing that comes to mind when talking about cryptocurrency, while ethereum was created in 2015 so it still has a community that is still growing, bitcoin has a limited supply which means that its value is always going to increase over time, while ethereum has a unlimited supply, ethereum allows developers to create their own markets annd contracts like ICOs which we have seen gaining popularity over the last few months while bitcoin does not, so in conclusion you can't chose one on another its like chosing between your mother and your wife, you need to learn to live with them both, having bitcoin is goood as an investment because its value is always increasing, and having ethereum is good because it has potential. |
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Good Day Everyone!
I think this is the most appropriate section where I can post my question regarding the development of Bitcoin.
I just read the Bitcoin whitepaper and most of it content are difficult for me to understand, lots of them are Mathematical Equation and programs. Upon reading there is only one question. that pops in my mind.
What processes or steps in order for the creator to increase its Supply Limit? [I am also pertaining to Alternative Coins not just Bitcoins]. Someone says that it is complicated.
Can you cite some relevant previous post or links?
So the truth is that there is no real reason why the totale supply of bitcoin was made 21million, it is just a number chosen by the creater and he only is the one capable of giving the reson behiend it, as for the altcoins you can see that they have different supply and some of them have crazy amount and i am here refearing to ripple which has 100 billion coin of a supply, my guess that the supply should be small but not crazy small so that many people can get it and its value would increase over time, otherwise it will be worthless if it was unlimited. |
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I am trying to understand why altcoings are fall. Is there any way to see altcoin prices independent from Bitcoin? If demands are get higher for an altcoin while Bitcoin falls, do you think altcoin will get more value. I am newbie and trying to understand.
From my personal prespective i think that the recent fall to the cryptocurrency prices in gerneral, goes to the recent news of goverments that gave been annonicing regulations toward it, due to many people abusing cryptocurrency to escape paying taxes or bad use of it to make illeagal transactions and with its price and its market growing unexpectedly many goverments like south korea, indounisia, maroc are banning or thinking about banning cryptocurrency and this i think has lead to many people pulling thier investments from this industry in fear of future loss, and this has lead to the price going down. |
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Do I need to pay taxes if I sell an alt coin for bitcoin then rebuy a different alt coin. I never took out actual USD so I am unsure how that would work. Or am I only taxes on actual USD made when I cash out?
I think it really depands on the way you are using tol exchange your bitcoin, for me i mostly use peer to peer exchange sites like localbitcoin so if i am using cash exchage hand to hand i don't pay any taxes the only thing i pay is the transaction fee from my wallet, but i don't find anyone selling bitcoin near me i usally use money transfer method like moneygram or westernunion which uslay takes some fees that are paied as taxes, as for exchanging altcoin for bitcoin i think the best way you can do that is through poloniex which has the lesset fees of all exchange sites. |
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Nearly every coin dropped last hour, any reason?
Well as always we never can point out the reson when it comes to cryptocurrency price changes thats how things are in this industry, although in the recent days many goverments/banks have started annonicing that they are looking to either ban or regulate the cryptocurrency as it became a well known way for people to gain moeny and not pay taxes, and i am not sure its true or not but i have read an article about chinese goverments thinking about banning cryptocurrency mining and that might have some affect on the current price drop. |
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How to do micro payments with bitcoin? The transactions need to be verified on the blockchain, but need to minimize the fees.
Micro transactions with bitcoin are a thing in the past, paying fees higher that than the actual transaction it self is somthing that is crazy, as of right now many companies wbesties such as steam are considering removing it, because of this issue, the LN is promised to fix this issue but i don't think it is going to be anytime soon or at least not before all the investment that were made into these micro payments are cancaled, they need to make that if you are sending 30$ or less worth of bitcoin you don't pay such high fees. |
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What will you do if after losing several times in gambling, you are left with only small amount of money and that money will be for your fuel or for transportation, will you still continue with the little you are left with? What if you lose?
I would never continue to paly, from the first loss i quit i don't try to push my luck and lose all my moeny, a lot of people are cursed with greed and addiction to gambling they go as far as losing all their moeny and asking their frineds and family for more so they can gamble in hope that they could get back the moeny they lost, if you lose you lose thats it call it a day and try another time no need to get yourselfs into losing streak or debt or become broke just to win a bet. |
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