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Bitcoin market cap is a total price of ALL bitcoins mined untill that day.
Don't take this number too serious. It includes all lost bitcoins. The total market cap is calculated by the price of the last bitcoin sold. For example after fork big part of bitcoin cash was in cold storages and people had no chance to trade it on exchanges. Like you have BCC that worth 800 usd but this price is determined by a low % of coins stored in exchanges.
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Not so long ago we've all whitnessed bitcoin at price 2k usd per btc. Now it is 4k. Sometimes before buying BTC I have a strong feeling that the price will fall pretty soon and I hould wait a bit before buying. Usually it all ends bad. Anyone have the same problem? How are you dealing with it?
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Does anyone know of an app that will send my phone an alert if bitcoin decreases in value by a certain percentage?
I am very interested in cryptocurrency investing and am looking to invest in several coins. I would like to be ready for the next drop to buy some crypto coins.
Not sure but I remember that some forex brokers provided such services. Crypto exchanges are not so developed as forex brokers but you can check them. Maybe they also sending any kind of notifications. |
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The more I think about it the more unconfidant I am. Generaly everything seems to be fine for me exapt the huge ICO bubble. Sooner or later people will stop mindlessly buying all tokens and that may affect the BTC price (and total market cap of all cryptocurrencies) thru decreasing of ETH demand. That would be harmfull but hopefully not fatal.
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I'm definetely sure that will happen pretty soon. Uber will soon accept bitcoin as a normal payment (not just tips). So Uber Eats will probably do the same in a short time. Hopefully we will see more of such local applications.
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It is designed to be a currency and asset like gold at the same time. But as we see we can hardly buy something using bitcoin. Now it is something like a "geek currency" and used by most part of the community as an asset for investments or speculations.
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As you know bitcoins from mtgox were tracked to btc-e so stolen money possibly can be found but it depends on the amount and other details. I think your friend can get his bitcoins back only if the amount is big and scamer will be in the same jurisdiction.
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The investing in ICO is dangerous by itself. It is not a secret that ICO is a bubble atm (most of them). Sooner or later people will incest more wisely and it will bring significant changes. The china's ico ban may only do it faster (as they plan) but everything seem to be fine now.
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Even in my place, a lot of the poor people doesn't have bank accounts. They want to open bank accounts, but the bank officials are not too keen. They demand multiple ID documentation and residential proof, and these poor people give up after spending so much time in the banks. Bitcoin can take advantage of this situation, as anyone can open an account in the exchange.
Seriously? So what is the real problem for them? Why they can't just provide an ID and open a bank account? Just opening an account is absolutely free in most banks and it doesn't take mutch time. In that case they just don't realy need a bank account. |
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Pretty strange way to promotee North Korea as a tourist attraction. (North Korea as big travel agency, lol). For me it is pretty hard to understand their logic and their pressident looks like a big bad child.
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This thing is already sarted but one of the advantages of bitcoin is that it can't be controlled by government. The only thing they can do is ban using bitcoins (but that will not be affective) or ban mining (that will only hurt people but won't be harmfull for the whole blockchain).
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This is the normal issue that happens goes up pretty fast. Thi is a kind of price correction. It happens to to prevent the overpricing of bitcoin and it save BTC from becoming a bubble. So you can hold your coins for some time, i'm pretty sure the price will go up in some time.
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With only 1k in your pocket the best way to invest on bitcoin is just buying it. Do not even think about cloud mining.
Also to make such investment safer do not even try to speculate in bitcoin on exchanges, buy tokens or altcoins. Just buy bitcoin (not any other crypto) and forget about it for the next year (or even more). Do not even read any cryptonews, that will save your nerves and prevent panic selling.
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Emm, no it's not. Don't know about altcoins but at the pas few days bitcoin lost a couple hundreeds to USD so right now it is not geting strength. Usually alts are giong down at such moments. Nothing special
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Seen an interview with a local buisnessman. He said that that the current legal basis is enough to accept payments in bitcoin. The only accounting issue was that cryptocurrencies should be listed as assets. In some countries it is listed as short term investment. I know that it is not perfect but it works  |
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Huge country with garbage government, corrupted as hell and russian's economy is totaly fucked (mostly because it connected to much with oil). The only good cities are Moscow and Saint Petersburg but I've never been there.
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I think that it is so valatile because it's market cap is till not as high as it used to be. One day it will spread far enough and the rates would be mutch more stable. Yes, it will take some years but i belive that one day it will be more stable |
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Don't see anything special here. Bitcoin can harm the current bank system so modern authorities see cryptocurrencies as a personal threat. As they think attack is he best defense so thats why they are calling it a scam coin. Nothing special.
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Not so long ago in service section I've seen a guy that accidently transferred bitcoins with 0 fee After he posted on forum omeone accelerated his post and he got confirmations so anything is real P.S. Please do not try this at home (c) |
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Ending debt slavery - This is why Bitcoin exists and it's begun. It doesent seem ike the bitcoin i a solution for debts that you or your country don't want to pay. Creating a new kind of money won't solve your problems. But anyway i'm curious how do you think the bitcoin can solve the debt crisis? Fist of all, you can't lend mre money tha you don't actually have. This alone would be a big vantage when compared to fiat Sounds like "You can't lend money because you don't have it". If you want to borrow money then you will find the way to do it. No matter what kind of money are you planning to use. The problem is that someone (for example country - Greece) can't pay it's debts so how bitcoin can help here? The problem is that Greeks are actually paying hard for money that the banks just printed out (or to say better accredited - they didn't even took the effort to print). Btc won't solve the actual problem, but the future ones. As it was mentioned on the first post debt restructing might be a solution for the current problem. But what should stop ppl from borrowing money in bitcoins? If you use a new kind of money it doesn't mean that you won't be able to borrow more. The problem is how you use those money. Money would be scarce because fractional reserve would be very difficult to achieve, and banks wouldn't be able to print money out of thin air. So they won't lend any money unless for a project with low default chances and in exchange for an high risk-repaying interest. Now they are throwing money to enslave greeks Money can't be printed by "any bank". Printing new money only cause devaluation of this currency (btw that can be usefull for Greeks but harmfull for the whole eurozone). That is not the reason why someone is giving money to Greece and I don't see any obvious reason why ppl will stop doing it even if they use limited bitcoin. |
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