Hello guys do you think now is a good time to buy bitcoin for trading in cryptocurrencies not for holding it because the current price looks too high for me (13500$) but im affraid that if i wait it will go more higher to 16k-20k do you think BTC can fall again at least to 9000$-10000$ or that's not gonna happen and i need to buy it at this price ?
In other words you want to profit but can't decide if the current price is high or low I had fun reading this because it's one of the best examples of FOMO attitude presented by newbie traders. Nobody is going to help you here. Buy if you want, don't buy if you don't want it. If all you want is to make some quick buck and dump it next week, don't buy. You'll get burned and come back here to cry that it's manipulated by whales and you lost money.
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Pooya's idea is the simplest and the easiest, but if you have to use the same seed there's a number of ways to make the plates unusable. 1. Simply stamp a number of dots/signs on them at random all over the existing seed. 2. Drill a few holes in places of the existing symbols 3. Use an angle grinder to sand it down clean. If you don't have a grinder use a file. If you want to save it, get a dremel and gently grind the wrong sign down and stamp it again. Coldbit is quite expensive so that's what I'd do. Cut in pieces and put in the garbage bit by bit over some weeks. Nobody is going to find the puzzle, reconstitute it, and figure out the mistakes. Using strong acid, that's an accident waiting to happen.
Great advice! I'd like to see you cut a 4mm steel plate into pieces.
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This also needs to be a serious concern bitcoin really consumes a lot of energy and others, but I only learn and correct it if I'm wrong, if the small miners are reduced and there are only a few large miners, whether to make the Diff small then the energy used is not too big to mine, it's just a thought, but it's not really working and effective, just looking at the altcoins the miner left so the Diff becomes small so maybe mining is easier with smaller hashrate too
It's not a serious concern because electricity is unlimited. As long as there's demand there will be supply. We know that electrical energy can be made from wind, solar, ocean tides, geothermy and even methane gas. All those resources are infinite and the only requirement for them to be used is rising demand. Rising demand means somebody will pay for those new production facilities to be constructed. We could double our world power production but we don't do it because there's not enough demand.
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Seeing the uptrend I'd continue to hold if I were you but I don't know your situation so I can't decide for you OP.
You're mentioning covid, so if you or someone from your family is seek and in need of help you should help them even if it means selling some of your investments. If all is good and you have enough money to go through this difficult time hold your coins.
It's only a matter of time before we see 20000 USD again.
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The resistance already broke if you look at the charts. On Bitstamp the top used to be 13880 and we went to 14100 on November 31 so we've established a new 2 year high and the trend remains bullish.
I think that we'll continue to go up in the next 2 months with possible small drops to test the support levels like we did on October 28.
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If it keeps bringing them revenue it can be considered a success, and even if it doesn't it's still a good try. When you give up and stop thinking of ways to improve your business you've already lost.
I'm sure after a few months they'll be able to share some statistics and show how successful it was.
That said I think that all these delays in sports events and lockdowns are unnecessary.
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The casino staff can't help you if the transaction doesn't confirm. They can do something only when you have confirmations but cannot see the money on your gambling account.
If there are no confirmations all you can try the last 2 options in the poll which are sending another tx with higher fee or double spending if possible.
You can also sit and wait. It depends on how long you've been waiting already.
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I understand red trust as a way to tag dishonest people, scammers, thieves, but only when you know they did something wrong. People should not be tahhed because you suspect they could scam you.
A bounty manager who doesn't escrow can be honest and pay up in which case he will not deserve a tag or he can scam and deserve it. Tagging him before he was able to do you wrong is an abuse of the system.
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Only professional managers currently use escrow, the rest no one uses escrow and in fact there have been many threads discussing this but the evidence is that until now there are still many bounties that can be said 80% don't pay hunters
It's still much better than 2 years ago when maybe 1 out of 100 bounty campaigns was escrowed which shows it's going the right way. We could call it progress. In time when people discover that escrowed campaigns don't scam they'll fight for a spot in one and the other campaigns will get the leftovers. Of course it doesn't mean 100% will be escrowed at some point. There will always be people willing to risk it and work for an unescrowed campaign and there will be people with bad reputation who will never find a spot in one of those good campaigns.
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People who are smart enough to think of such a method first deserve to get a reward. Can we really call them scammers? It's a smart contract trap rather than a scam. A scammer promises you something or tries to steal money from you. In this method you are trying to steal the money but end up losing your own. The hunter becomes the prey. If they told you to send money to their address to get coins stored there they'd be scamming you, but in this case they are not.
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Why do you care if some random people without default trust give red trust to managers for not escrowing? If anybody reads the trust comment they'll know it's not a big deal and that the trust was given without reason.
On the other hand I keep telling people to watch out for campaigns that pay with unlisted tokens that don't have any value yet. Then the token never gets listed or gets listed on some small and scammy exchanges with no volume and hunters complain they lost time in the campaign.
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never ever deal or invest in a project with anonymous team/s i'd been saying this again and again seen 2013 my year with bitcointalk
I agree. There's not much to discuss here, all has been said in that one sentence. Anonymous team = scam, fake pictures or names = scam, team "borrowed" from another project site = scam.
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I agree with the idea to some extent. I wouldn't say that elections cannot influence the price because we don't know what to expect from Biden regarding cryptocurrencies.
If Trump wins he won't go against it but I wouldn't expect any big positive decisions from him either. He's a strong supporter of the dollar.
At the same time US citizens think everything revolves around them and crypto investors are waiting for their election results. In reality Obama did nothing for crypto, Trump did nothing for crypto, if Biden wins he'll continue the tradition.
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I think it BTC will follow the stock market at that moment. If Trump lose we may see a huge amount of sell off due to panic. On the other hand, if Trump wins stock market with BTC will skyrocket! I'm not predicting anything. This is just my thoughts and i will fully prepared myself for this.
They you have not seen the last week on the stock market. You are so wrong and you don't even know it U.S. stocks fell sharply Monday as a troubling increase in coronavirus counts put investors in a selling mood. The skid came as doubts mount on Wall Street that Washington will come through with more stimulus for the economy before Election Day. The S&P 500 slid 1.9%, its biggest single-day decline in more than a month. https://abcnews.go.com/Politics/wireStory/us-stocks-tumble-worst-day-month-amid-virus-73840886Meanwhile Bitcoin is setting up yearly highs
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Bitcoin is for millionaires? That will be a question arises from this thread because people who wanted to use Bitcoin for something like for payments the fee is getting ridiculously high due to congested network but it's so easier for a whale to transact billions worth of BTC in few hiurs and as well as with less fee.
Do you have to be a millionaire to pay $3 fee? Currently it's not something you'd use to buy a beer or a burger but people weren't and aren't buying it for that reason. Most buyers feel like its recent decoupling from stocks combined with lack of inflation makes it a hedge investment and they're right. One day you'll be able to pay without sending coins throuhj a blockchain and the transactions will get processed in batches which will make the fee small enough for everyday payments.
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Some class of human still find it difficult to understand what bitcoin is...
What is a "class of human"? Do you mean social classes? The rich class can understand it and the poor cannot? The question I like to ask people who spew such nonsense is: do you have to understand something to use it? Do you know how a computer processes information? Do you know how the engine of your car works to drive it?
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I think that Defi is overhyped and if it's a threat then not in its current form.
You can see how defi projects are doing. Most are scams and even those that are looking decent were slowly losing value in the last 2 months. Their charts remind me of how XRP looked in the span of 5 years. Big hype followed by constant losses, just like when ICOs came out. Somebody even said that Defi are rebranded ICOs.
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They are institutions that use fiat money: centralized traditional currencies.
They can't go from this to decentralized digital so the middle ground for them is a centralized digital currency that has some properties of crypto and still works like fiat just faster and more automated.
It's not a threat to Bitcoin but it might be a threat to XRP or Libra.
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Blockchain industry? is there even such a thing?
Money lost? Is there even a loss when coins change hands? When you unlawfully take a coin from one user you don't make the industry lose money. You make the user lose money, but you are another user who gains money. Everything remains in balance.
I feel like OP is saying that car industry has lost money due to privately owned cars being stolen. The industry doesn't care if a thief steals a car somewhere. The car will be sold on the market and someone else will keep on driving it.
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Bitcoin is a form of gamblmg
Gambling? I'm sorry but you lost me there when you compared Bitcoin to gambling. There are no similarities here. I can gamble with my coins but holding them has nothing to do with gambling! On the other hand even if you were right and bitcoin was only needed as an investment it gives it a purpose so it is needed. By saying it is needed only as an investment you're contradicting your statement about gambling.
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