I keep reading your suggestions guys. Im just curious , what are the exmaples of hardware wallets??
As a fellow bitcoiner, i also want to store my btc in safest place or wallet.
Im not really new with bitcoin, i guess i just still dont have enough knowledge about it.
I also have doubt on our local bitcoin wallet since they have a lot of issues and one more thing is the fee where its fee is expensive done the blockchain wallet.
Hardware wallets provide enhanced security to its users.By using it,we could be free from hacking.Mostly,users who decide to store their bitcoins in a long term basis use hardware wallets.Seed should be written in a paper and should be saved.Since the keys are in offline,there is no way for hackers to steal our bitcoins.Best hardware wallets are Ledger nano S and trezor.Additional feature is that both of them support even altcoins. |
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I sold my BTC at 8200$ and I have kept USDT. I thought to buy it at a lower price but that didn't happen. And when it comes to price 11000$, i thought it was about to fall and now it is fucking 12700$. I think many people have the same case.
What is your advice?
1/ Keep waiting, because it will definitely fall at 8,000, 9,000$
2/ Buy the fucking BTC, because it will reach 15,000$ at the end of this year
3/ Buy another atlcoin any, because i miss the train.
I would suggest you to buy bitcoins as soon as possible as its price is surging high continuously.We saw the last dip when BCH got pumped vigorously challenging bitcoin itself.Till now,we have not seen any dip.Also,wall street companies like CME and CBOE entering the market has caused continuous increase in bitcoin price.If you buy bitcoins now and its price increases very high in the near future,then it would compensate your loss.Don't ever buy any altcoin and i think that it would not work out. |
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So... when to buy Bitcoin? Now.. as it's about to hit $13,000, or wait for a slump?
Right now is the best time, tomorrow may it will become 14k or even 15k so dont hesitate take the risk and invest today right now. Many would suggest you to wait for a dip.But there seems to be no chance for a dip nearby.So,if you wait for a dip to buy bitcoins,then you may miss the train and you may regret for your decision.Just after the price dip due to BCH pumping,we have not yet noticed any dips and it seems to continue to move in bullish trend.So,just buy it now. |
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Bitcoin has just reached the $13k mark. What do you think will be the price of Bitcoin end of this month?
I think that it will not go beyond 15.000 by the end of the year. There must be some room for price correction and there are only 3 weeks left in Dec. Having said that, the long time goal is to reach 100k or even 1mln in a long run. I think the former is doable on 3 years, and the latter in 5 years from now. Already,it has reached $12,680 today and so,it would not be difficult to cross the $15,000 mark within this year end.This bullish trend is the result of entrance of CME.More financial firms are yet to follow.So,even $16,000 may be possible.Some analysts fear that CME's bitcoin futures may result in a crash just like tulips.But it may take a long time to happen.Until then,we could enjoy the ride. |
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The IRS has stated that recently they can track down people who are making a profit of Bitcoin without claiming it on their tax return. I wonder if the Core Engineers will start to look at ways to keep Bitcoin anonymous from prying eyes of the IRS and other Governments?
What are your thoughts?
Thanks,
Every one already know that bitcoin is only pseudo anonymous.So,every transaction is registered in a public ledger.So,if the government officials want to track your transactions,they could easily do it. And if you want to be safe from the radar of the government,you could better use mixer services where you would be given new bitcoins so that no one would be able to trace your transactions and identify you.I think that's the only possible option left to use bitcoins safely being untraced. |
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I have heard that there are some kind of USB's that work like a physical wallet for cryptos.
Do you recommend it more than electronic wallets where your cryptos are exposed to hack attacks?
And what are the best physical wallets you have heard of?
Yes,it would be the best option to store bitcoins in hardware wallets.When bitcoins were to be stored for long period of time,its the ultimate choice.They provide enhanced protection against theft and scams. Even when our computers get hacked,our coins are safe in the hardware wallet.Even if by chance,we lose our hardware wallet,our coins could be restored in a new wallet. |
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Bitcoin investment is totally different from investment in stocks.In stock market,once a company's shre price falls,you would have to even wait for years to see the share price increasing again.But here,the scenario is entirely different.One day,bitcoin price could fall $100 0r even $500 and the very next day,it could rise up to $1000.That's the volatile nature of bitcoin which has made thousands of investors crazy about investing in it.
If you analyze the previous price history of bitcoin,we could clearly see that bitcoin price has fallen heavily many time and after each time it falls,it immediately reaches a ATH price and gets settled there.So,just hold bitcoins in such price drops without getting panic would be the wisest decision i think so.
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We know that bitcoin is a highly growing network with thousands of people entering bitcoin world day by day.Actually they do get some basic questions in their mind about the functioning of bitcoin.Out of curiosity,they immediately post their questions without even searching whether it has been already answered or not.They could not be totally blamed for that.Other than this,they do not have any wrong motive i think so.
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Bitcointalk Username: fanbeila Rank: Hero member Post count: 1203 Link to profile: https://bitcointalk.org/index.php?action=trust;u=263623BTC Address: 1B4vqbY1z8h8QFes8ijPp8PYjRLxhrPsW6 DEPOTWALLET/Nanowallet address: NBQK3F-K2YLYN-76MIG5-MDYXZK-N34RMH-LH5SJS-Q363 Wear appropriate signature: Yes |
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After the top there always a down...is it only a natural assetment of market or someone control this market and try to cut off the new investitor of last period?
I think that its good for bitcoin since it was travelling bullish for last few days continuously and now,a small price fall means that it would get settled in a range of $10,000 and would slowly continue to increase.Tht's better for bitcoin than a big price crash after continuous increase in price. |
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The yuan has replaced the "petrodollar" in both russia and china. Oil buying/selling in those countries was once denominated in us dollars, this is no longer the case, the yuan has taken over there. Also china proposed a program to allow the yuan to be exchanged for gold. Depending on implementation details this could make the yuan a more gold backed currency than the US dollar, which could carry less support for gold exchange, and perhaps increase the yuan's perceived reliability.
China does appear to be taking steps to strengthen the yuan. This would benefit the people of china. Their consumer buying power would increase which could translate to elevated average standards of living. On the flipside, a stronger yuan could be bad for chinese exports as the private sector relies on units sold to make their profits.
Yes,china and russia had discussed for years to avoid USD while buying oil.Now,they have succeeded and their next step is to replace USD from the position of global reserve currency since USD is already in its last phase as it has already crossed seventy years.Either yuan or euro may replace USD and then,bitcoin would be valued globally in any one of those currencies. |
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The world’s most valuable cryptocurrency bitcoin can quadruple in price from the current record high of $10,000 in the next 13 months, predicts former Fortress hedge fund manager Michael Novogratz. On Monday, the digital currency smashed the $10,000 mark on South Korea’s Bithumb, one of the world’s biggest exchanges for cryptocurrencies. Bitcoin started the year at below $1,000 and has since jumped more than ten-fold. According to Novogratz, by the end of 2018 bitcoin’s rival ethereum “could be triple (from) where it is as well.”. The investment guru claims that "probably over 20 percent" or "maybe even 30 percent" of his net worth is in cryptocurrencies, split roughly in half between bitcoin and ethereum. Novogratz expects that to increase by about six times to $2 trillion by the end of next year. Demand from Asia, mostly from Japan and South Korea, has been the most significant contributor to bitcoin's gains since China halted all exchange-based crypto trading. Novogratz says that in contrast to oil and renewable energy products, companies cannot produce more bitcoin to meet demand since the digital currency's supply is limited to 21 million coins. https://www.rt.com/business/411151-bitcoin-price-level-2018/?utm_source=rss&utm_medium=rss&utm_campaign=RSSWe exactly don't know what would be the price of bitcoin after 13 months,but such posts would definitely irritate people like jamie dimon and others who always criticize bitcoin.But since bitcoin price has increased 10 times within eleven months,$40,000 within 13 months seems to be an achievable price for bitcoin. |
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I thought it would take until the end of Dec to reach the five-figure mark but it looks like it will be up to the mark tomorrow itself.
Will the price decrease after 10k? because many people are waiting to sell if the BTC reaches the 10k mark.
OR
Will it's price is going to be increased more after that! Bitcoin discussion
Is it too risky for a middle-class person to buy 1BTC now because of the stakes!
I think that $10,000 is the resistance level of many people and many people have already placed their sell orders at $10,000.So,we may face a slight fall in the bitcoin price once it reaches $10,000 due to this reason.But due to the continuous media exposure and additional exposure that it has crossed $10,000 and due to the continuing effect of CME and CBOE entering bitcoin market,immediately the price would recover and it would start marching towards $11,000. |
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If you are not going to hold your bitcoins for a long term, then what the hell are you doing here? It is the same as saying that you are going to buy gold to just hold for two months, and knowing that the spread is more than 5% you still want to continue.
it is almost the same, why would you want to join bitcoin and then leave? it is ridiculous, and everybody who joins in here and only invest for a few days to make $100 or $300 are just the coward ones, because there is no reason to just join to make a quick profit and leave.
I do not understand how does all this kind of people are still able to invest in bitcoin, they must come back to their shitty bank investments and invest in those "safe fund's pool" who are giving out 3% a year plus taxes.
Yes,investments in bitcoin mostly gives benefits in long term basis and so,mostly bitcoins are bought as a long term investment.Even if bitcoin price increases at very high speed nowadays,short term benefits could no be expected all the time.To get huge benefits in short term,they should better invest in altcoins whose market is highly volatile and which best suits for short term trading. |
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We could not say that only bitcoin could be held as a reason for the younger generations getting spoiled.There are various evil factors in the society which have to be removed.Even the global currency USD could also be used for such activities.We have already heard such criticisms against bitcoin and now,its the turn of korean president.Just as internet is used for both good and bad,this magnificent technology bitcoin could be either used for progress or for some illegal activities.I think that these leaders just need a reason to ban bitcoin as putin,the russian president earlier termed bitcoin as a pyramid scheme.
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what are the social and economic impacts cryptocurrencies have ?
and how will this affect third world and poor countries because of their limited access to internet and modern technology?
Its true that bitcoin has revolutionized the world economy and it has given equal opportunities of earning to people of all countries around the world.It has increased the standard of living of the people and it has provided financial freedom.But we should also notice that internet is a must to use and enjoy the benefits of bitcoin since it is a digital currency.Also,we know that most of the backward countries are poor countries and they don't have internet widely all over the country.This just idolates poor people of such countries from sing and enjoying the benefits of bitcoin.So,unless they get access to internet,i think that this gap between the people from developed countries and people of under developed countries more. |
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Bitcoin is gaining more global acceptance daily as compared to other cryptocurrencies. With Bitcoin, we can be sure of greater liquidity and it has made international transactions and businesses easier relative to other currency. The level of anonymity Bitcoin gives is unparalleled and the ability to transact businesses with Bitcoin at a relatively lower fee is unequalled. What do you think is needed to guarantee more wider acceptance?
First of all,bitcoin is pseudo anonymous and not fully anonymous.All the transactions are registered in a public ledger.So,they could be easily traced by the government's taxing department.In this case,altcoins like monero and zcash are fully anonymous.And you are saying that bitcoin makes possible transactions at a lower fee,but we should also notice that there is a huge discussion going within the bitcoin community about the increasing transaction fee. |
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ICO is coming. Has anyone ever heard of it being traded on any floor?
As earlier communicated we are in touch with 4 exchanges and we plan on being listed once the ICO is over. Kindly be patient and stay tuned to this thread as we will be making the information on the trading floor where you can trade available soon. Thanks. Hope you have already registered for the upcoming ICO. Visit https://truckcoin.com/ico/ and register to get the early bird's price. Hope that it would soon get listed in top exchanges so that it would get more exposure and more investors would get a chance to buy it.Those who had bought it in pre ICO and those who is yet to buy in upcoming ICO could expect huge returns from the coin. |
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Its price is $67 now.I think it will be dumped soon in exchanges like yobit,binance,etc.Its total supply of coins is 210 million  .Surely,it would be pumped very high in the beginning and it would be a good chance for dumping those free coins.It has no unique features to deliver.BCH,then BTG and now BTD.We could expect more forked coins like bitcoin iron,bitcoin copper,bitcoin aluminium,bitcoin coal in the future. |
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