This is most updated portfolio for the next Bull market. 6000$ my budget.
PRL 20%
ZIL 20%
TRX 11%
ADA 19%
POE 18%
ETH 9%
The only solid coin in your portfolio is ETH, everything else is highly speculative, even the coins like ADA and TRX are not that solid and are influenced mostly by hype however you have 40% of the investment in some coins I have never heard about so it's obvious you believe in those coins but be very careful the present distribution of your portfolio tells me that you are looking for a big growth in your capital and that you want big profits and that makes sense but at same time you could get great losses because many of those coins are heavily going down. |
|
|
|
I'm sorry that China is on its way to monarchy. But this is the decision of the Chinese people. I think that after such a decision there is no point in expecting changes in the attitude of the Chinese government towards cryptocurrencies. This means that China will continue to partially limit their use and significantly reduce the pace of development of the popularity of cryptocurrencies.
This is very worrying there are several reasons of why there should be a limit to the amount of terms a person is able to serve, this will not create a monarchy this will create a dictatorship, the Chinese were already in a communist dictatorship but now it's going to be worse, the Chinese citizens need bitcoin more than ever but it's likely that more harsh laws are going to be put in place and harsher punishments to those that violate the law, I will not be surprised if these is a sign to the end of the Chinese economic recovery and this signals their fall. |
|
|
|
Goverments are unlikely to bad Bitcoin. I doubt they are not eager to use this new fancy technology.
As for the the Exchange hack, it happened and it's still going to happen.
They will do it if they think that their interests are affected, it's that simple you must remember that governments are not there to ensure the well being of their people that is not the reason they are there, they want to obtain power and anything that threatens that power is something they are going to be against, right now they're not forbidding bitcoin because they think they can get money out of it, once they realize that is not going to be the case and in fact are going to lose money because of it you'll begin to see a lot more serious talk about banning bitcoin. |
|
|
|
This a big possibility. Hopefully in future, the government will be making it one of these days. As of now the reason why some countries are yet so silent is that it could be that they are studying how digital currency works and affects people. Some are not calling for a ban on bitcoin and altcoins and some countries are doing nothing because they could study or analyze the market and make it as a reference to the coins they would want to make later. So its like a subject of an experiment.
I do not see why you think that will be a good idea such coins will be no different than the fiat they are already created and in fact a cryptocurrency created by a government has the potential to be way worse than fiat since they will introduce new characteristics like only using one address so that address is forever connect to you, KYC policies or chargebacks of payments which basically means they can steal money from your account and you cannot do anything about it. |
|
|
|
I'm more interested in the causes of these failures. When the stock market falls, there are reasons for this. It is possible to analyze this phenomenon and to make some predictions. But I can't see the reason for the bitcoin price drop. It bothers me. Of course I also do not like a long period of price decline, but this is not the most important for me.
There are a number of reasons of why the price went down, the most important for the recent decrease in price is that someone began to sell a huge amount of bitcoins this scared traders and investors and this made the demand to go lower and when you have a big supply and lower demand the price will go down, however bitcoin is also susceptible to things like FUD and political manipulation but still with each passing year the effect of those two things goes down. |
|
|
|
I think atls making bitcoin useless. Not today, because there are some big holders of bitcoins and they intresting for high price of bitcoin while they have it. when they will convert most of own btc to fiat bitcoin will die i guess.
And who is going to do that? Most long term holders of bitcoin do no have plans to cash out all their bitcoins they may cash out some to enjoy the benefits of being a whale but most people what they want is to wait for the day they can use their bitcoin directly without having to sell their bitcoin and if that happens the price of bitcoin will go up that will give the persons an incentive to use their coins directly, one of the reasons alts are so successful is because there is not much to do with your bitcoin and many decide to try their chances with alts once that no longer is the case the alt market could go down. |
|
|
|
If this is not a scam this could be the greatest project ever! Surely celebrities will invest and the bounty will be a success.
I think the value will rise high because of this popularity. I will look for this if this bounty comes out.
And what kind of utility is this coin going to have? Because it is not enough to release a coin with a celebrity backing it to make it a success, hype alone could help the coin and maybe it will gain some value but in the long term that is not enough it needs to solve some kind of problem if it doesn't then this is probably going to be a coin that will last a few months and that will crash to zero, lots of people will lose money and the company creating those coins and those that back the coin will obtain great profits to me it looks like a potential scam or something too close to it. |
|
|
|
Diamond's hype is clearly over its rareness in nature. And also on the fact that it is made of the same carbon which is available everywhere, and inly one bond (chemistry) less than the graphite used in the pencil tip used to write. These things make it so special. Also being the toughest item in the world, it attracts attention. And the design of it, without even being touched by human hands, is so spectacular and creates total internal reflection phenomenon to provide that glare which it is famous for.
Definetely its over hyped, but the asthetics are very much pleasing to eyes and a good one to show off.
Diamonds are not rare that is the whole point there is a company with a huge monopoly of the diamond market, diamonds have some uses as the natural strongest substance on earth they could be used in different industries but now we have found a way to create them without the need to mine them, so the only use for diamonds is for jewelry but there are enough diamonds on earth for all the people around the world to have several diamond rings but the company that has a monopoly on it will never allow that, there is a fortune to be made selling shiny things to dump people. |
|
|
|
if bitcoin can not scale if alot of transaction is taking place, how would it reach to 1 million predicted by mcafee? mcafee talks about mining cost and limited supply of bitcoin. forgot what else he says. but if bitcoin can not scale. would it reach to 1 million? lets say alot of merchants are taking bitcoin but it have gotten slow like a bank. is it as useful now?
Bitcoin cannot reach 1 million dollars in 2020 even if it scales, that is simply impossible I think a huge number of things need to happen for bitcoin to reach that price and all of those things happening at the same time is so unlikely that many people like myself thinks it is impossible, however the solution is already being developed, the lightning network will make bitcoin scale, it will be able to send transactions for very low costs, the only problem is we do not know when it's going to be ready, the developers are still testing it and they are very through with their testings so it may take a while before we see it activated and running. |
|
|
|
Bill Gates has worked hard for many years to become what he is. And when some people suddenly become billionaires in a few months doing nothing, this causes subconscious rejection and negative reaction.
Your post is weird, at first you say that Bill Gates work hard for many years and then you say that he got his fortune doing nothing, lets be very clear Bill Gates is a very hard working man he achieved his fortune creating new products and by being a very smart businessman, however that doesn't mean that we have to agree with everything he says, this comment seems to be based in a raw reaction, one of the reactions that people have just based on feelings because if he stopped to think about what he said he will recognize it was just a bunch of nonsense. |
|
|
|
I think eth is overvalued and bitcoin undervalued.
You can buy things with bitcoin and it is start point for almost every newcomer while when I hear ETH I only think about how I have to fill my wallet with it to send my next signature bounty payment and exchange it to bitcoins.
This is precisely the reason why Ethereum has any use, there are so many tokens running above Ethereum network that you need some coins for gas to use it and to send out your different tokens, some may say that that is the only usage of the Ethereum network but that was the reason to be created, Ethereum is a smart contracts platform while bitcoin is a currency so it's obvious that the usage of each coin is going to be different. |
|
|
|
I was expecting a run up in March atleast but it doesn't looks like it's going 13k-15k levels. Also, April is start of new financial year, so I am expecting a drop in April too, many countries will/have announced their budget and new regulations near April.
You need to be prepared for the bear market to last a lot longer than that, it could last as long as you are stating but it could also last for years this is a reality many a of us do to not want to face but we need to be very direct that is a possibility and we need to be ready for it in the case that is the scenario that we are facing, so make sure to not sell your coins for any reason except an emergency keep them no matter what and if you have the money get even more bitcoin do it we know bitcoin is going to grow in the long term we just do not know when it's going to happen in the short term. |
|
|
|
Blockhain technology will have a profound, transformative effect on society so it is only natural some people have fallen in love with it. Not to mention all of those people who fell in love with it because of how rich it made them.
The blockchain is going to be used everywhere what we do not know is if bitcoin is going to be used everywhere, banks want to use the blockchain and many other businesses as well but they refuse to use bitcoin because they do not want to deal with a coin in which people are their own banks, can you imagine a world like that? The banks will go bankrupt so they cannot allow that they had been in power for so long that even a transformative technology like bitcoin is going to have troubles beating them. |
|
|
|
I am pretty much interested to know how many people here uses bitcoin because of it's system, because of the anonymous and the security it provides, and because of the fact that it is really easy to transact over the internet, and there's no one who can just block your account(unlike paypal, a platform that provides an easy way to pay over the internet, but you rely on PayPal to keep your account open).
So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?
Well that is how I got in bitcoin in the first place I wanted to buy some products and some services and I did not had paypal so I was trying to figure out how to get those products and I realized that there was something called bitcoin and I was able to use it to buy what i needed since then I have bought some other stuff with it but lately I have been using bitcoin more as an investment and trading tool more than anything obviously for the profits that I can get but also because I do not have anything else to do with my bitcoin right now and because I do not need to buy anything else. |
|
|
|
Most important rule: Try to split and minimize your risks. Keep some of you Crypto on different (!) exchanges and some on different (!) wallets. If an exchange gets hacked or one of your private keys stolen, you won't lose everything!
The strategy of keeping your coins in different wallets is correct but the strategy of keeping your coins in different exchange wallets is a mistake only keep what you need to trade in an exchange all the rest of your coins needs to be under your full control and no one else you need to have control of the private keys of your addresses, if possible use a hardware wallet or a paper wallet to store your coins and if you could keep those in a safe then that is be even better you do not want to risk your coins to be stolen in the old fashioned way with a person just taking your hardware wallet or your paper wallet from your house. |
|
|
|
I recommend going for the Privacy Coins and I personally think the coin with the highest potential is DeepOnion. It's price has been on a dip as of late, just 2.81$ (ATH is 20$) so it's a great time to buy and stake (10% POS). It's developers are very active, they just integrated OBFS4 and Meek last month on the wallet and now, Stealth Address or Deep Protocol is coming for added security, the community is huge and it still have 7 rounds of Airdrops. Check the forum here https://deeponion.org/community to know more. While your advice is not that bad it is difficult to take it seriously when the coin you are recommending is the one that you are wearing on your signature, this shows that you may have some kind of bias, while investing in privacy coins is a good idea and it can certainly generate enough profits at the same time we need to be very careful, those coins are probably going to be heavily regulated in the future and the regulation in those coins is going to be a lot harder than the regulation in coins like bitcoin and you may want to take that into account before investing in them. |
|
|
|
Cash has always been and will be more anonymous than bitcoin. The anonymity of cryptocurrencies is fake. Everyone can track the entire chain from the moment the coin was mined. But bankers and politicians do not call for a ban on cash. 99% of illegal transactions are financed by cash. Bitcoin is accused of all sins because they are afraid to lose control over our money.
Of course they want to ban cash, and the reason for that is very simple they want every single transaction to go through them that way they have all the power, they can freeze your accounts and take away your money and you cannot do anything about it, this is why they hate cash and this is why they hate bitcoin even more because bitcoin even if it's not as anonymous as cash allows you to send money all over the world without the help of the banking system and you can send as much money as you want so let me tell you they hate bitcoin and they hate cash as well and they would ban both of they could. |
|
|
|
What improvement are you saying?
I have to admit that we started this year at the wrong foot and we have been in this wild swings lately and the bearish sentiments still in the air. But I don't think that improvements is needed to push the market up again.
The only improvement that I'm thinking is the implementation of Lightning Network. But it remains to be seen because as far as I know they are still on the testnet. It gonna be another tough one to see the price plummeting below $8K tomorrow unless another big whale comes in a make a huge buy order.
Every single sign that we're seeing seems to be indicating this is going to be a very difficult year for bitcoin and other cryptocurrencies, the previous year was pretty good and it's unlikely this year is going to be like the last one, probably many persons are going to sell their bitcoin for a bad price because they're going to get desperate because they do not see any kind of change in the price so the most important thing to remember is to not get desperate about it not every year can be year in which we establish an all time high so make sure you're holding your coins and do not sell them no matter what. |
|
|
|
It was a healthy fall as long as it was for the right reasons.( over heated market, projects not operating correctly ect .. ) But was it the big boys fudding to get in on the game cheaply. That would piss me off. There was an awful lot of out right wrong stories in the media last month that led to the fall and what coin market cap did with the S Korea money. And this all began to happen right after the futures market kicked off. All these big banks and media outlets/newspapers ect are friends. If they are the ones guiding the price jumps and dips then we are in trouble. They are ruthless and they dont care for the underlying core beliefs of the crypto coins.
Basically dips are healthy - corporate manipulation is not .
It was a combination of factors, the price could not go any further, the number of investors who got into bitcoin was great but at the end it was not unlimited in quantity so when we reached the limit the price went down then the whales and those that wanted to get into bitcoin by cheap took advantage of the opportunity and crashed the price this was helped by all the bad news that surrounded bitcoin at a time, but as we know very well the price will eventually recover even if we do not know exactly when that will happen. |
|
|
|
This is why the blockchain needs to be immutable so dumb ideas like the one you're proposing are never passed, we cannot just to erase the coins of someone just because we don't like him, this is a line that we shall never cross because once you do that then all bets are off and there are no limits to what you can do with bitcoin, if that happened then all these years of hard work could have been for nothing and bitcoin will fail as soon as those changes were implemented. |
|
|
|
|
Show Posts
