So what did everybody buy before the btc gold fork? Or did you do like me and bought now after the fork?
By just looking at the price of bitcoin, it is very obvious to me that most people bought bitcoin before the fork and are now selling everything to get even more bitcoin, however for the smart investor this is the perfect time to buy some altcoins, ETH is the safest choice, even if the price of ETH is still above 300 dollars when you look at the price of bitcoin then the only conclusion we can make is that ETH is very cheap and as such is a great buy. |
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I deeply regret a lot of new projects just to raise funds and enrich the developers only. Project stop on the road and no latest updates, this obviously adds to the garbage token. I think etherium developers should be clear who can use their platform, so not just anyone can make it.
And why the ETH developers should do that? The more coins that appears in their platform the more money it brings and the more valuable their ethereum becomes, it is as simple as that, also you cannot create a platform like ethereum and then think you are going to have a centralized control of which projects are going to appear in your platform, that is not the way things work. |
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BTC was around $300 3 years ago. Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period  That would be interesting to know, I have been holding bitcoin for a year, but the amount that I have is not big enough so it is not really that difficult to hold, however as the amount of bitcoin that I hold keeps increasing it is getting harder and harder to hold it but I have plans to hold for at least 5 years since I have no doubt that by time, bitcoin will be a lot more valuable than it is today. |
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I'm not sure if 50 is too much... Twitter crypto folks seems to invest between 2% and 3% of their portfolio in any one given coin.... so I guess... between they have between 50 and 33 coins at any given time.
50 coins would be a lot of trouble to rebalance, manage etc imo. 33 coins doesn't seem to crazy to me...
But why choose 50 coins, what I mean if you really take the time to research your coins then you do not need to make such small investments in so many coins, you can invest a lot more in a coin if the overall number of coins goes down, after all why would you want to hold a few good coins and many mediocre coins when you can hold good coins exclusively. |
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I think this is the top for this year. The upcoming regulations will bring the whole crypto market down imho.
But after everything settled there is much more upside incoming.
And this is why it is almost impossible to predict the price of bitcoin, bitcoin is pumping right now and I think that even if regulators try to somehow make people comply with their rules the people are going to find ways to avoid that, it seems governments are after exchanges but we already have decentralized exchanges that are going to allow to us to trade our coins peer to peer. |
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I am newbie on bitcoin, recently introduced with the community. I have seen a lot of positive feedback about bitcoin investment. I am not interested do business or trade on market. I want to used it for long term investment only. Some people suggested me anytime is good for invest on bitcoin but I want to do it wisely. If you have some idea of the market and analysis kindly do it for me.
If you are looking to invest for the long term then there is no point wasting time analyzing the market, use every single cent you have and buy bitcoin with it, it is not difficult do it, now the price is above 6500 and if you keep waiting for more time maybe bitcoin will hit 7000 or 8000 dollars, the more you wait the more opportunities to earn money you lose, take the decision now before it is too late. |
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Obviously all people want to be rich but to be rich it's not instant and you need to work for it, you there is no bullshit about all of us are rich. People who are not work hard to get rich will not get rich. For me yes I want to be rich but it's still far from me to be rich because I don't have a stable job.
Yes no doubt! All the people want to be rich and they want to earn the good money in very short time, I am having the bitcoin and I am making the huge profit from it, I love to use the bitcoin and I want to earn from it because I want to be rich today and in the future as well, I will do my best in the bitcoin and will join the signature campaign in the this forum so I am writing the post and having the income, it is the side income indeed so this is the best way to make money. Of course everyone wants to be rich and I join bitcoin because I want to have a lot of money and get rich, I see a lot of people who are successful in bitcoin. Those who came long back to this bitcoin, of course, they become rich persons. So if we work hard for bitcoins then we also become rich. But the best thing is that we do not have to wait for that long, someone that invested in bitcoin since 2010 only waited 7 years to obtain great profits, if we do the same and buy bitcoin and hold it for 7 years we are not going to become as rich as those that invested back in the day but there are going to be very good chances that our earnings are going to be impressive and if we invested a good amount of money then we could become wealthy. |
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I think no one actually has any idea who owns the biggest bitcoin wallet or the second person who owns the bitcoin wallet because no one in the right mind would flaunt that's how much they have in their wallet.
You will be surprised at how many people will flaunt their riches, obviously not many are going to believe the story of someone that says it has a lot of bitcoin but if that person could sign a message from an address with a lot of money then we will believe it, but just look at all those people wearing expensive clothes, jewelry and sports cars they are flaunting their riches, a rich person in bitcoin cannot flaunt like that but as I have said he can flaunt by signing a message. |
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Altcoins are dying and some will be dead. Bitcoin murdered them and now I want to murder my self.
First of all take those thought of damaging yourself out of your head, now bitcoin is not killing altcoins, we come from period in which altcoins grew at a faster pace than bitcoin and now we are in the opposite cycle now bitcoin is growing faster than altcoins, at some point this tendency is going to reverse and instead of getting threads like this we are going to get threads claiming the death of bitcoin. |
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Well, I disagree for the idea of putting tax on bitcoins because I don't want my earnings got lessen; who wants to have a lessened earning, no one right?
I decide to say no to tax because of my personal interests but just for the sake of our economy I will let it to be implemented if ever, but in one condition: our governments must used the taxes claimed in giving solutions to our economical problems and also give support for bitcoin's wide advertisement and applications to our society (since it is also beneficial for them).
That would be nice but that will require a government that cares more about his people than what he cares about itself and I have my doubts we are going to have a government like that anytime soon, as long as they get their privileges they do not care about anything else, that is why they are worried about bitcoin, bitcoin is going to take those privileges away from them and they are not happy with that. |
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We can all agree that BitDice is a gambling website not a cryptocurrency exchanger so having your bitcoins there doesn't guarantee that you are going to have bitcoin gold and even the value is tanking after the fork. It's doowed to follow the same trend as Bitcoin Cash as well any alt coins that emerges after future forks.
Yes I also agree on alex decision to not support bitcoin gold or whatever further fork we will have. Bitcoin gold on other hand is premined and GPU mineable so it can't hold same charm as bitcoin for sure. Most of the cryptocurrency exchanger also haven't credited their users with bitcoin gold, best way to get any forked coin is to store them in paper wallet or electrum like wallet. Does that mean the exchanger got a BTG from the fork and will not give it to their customers? Only exchanges those support btg fork will credit the user with btg(if one held at the time of snapshot), i know bittrex and binance will credit btg. it's best to just withdraw your btc to a wallet with full control, if you want the forked coins. Even XAPO online wallet also credited BTG to my account already but they are not allowing now to withdraw or exchange because they think that still BTG network not safe to send or receive. I had only some coins in XAPO but most of the bitcoins I store in my desktop wallets so easy to access BTG when a stable wallet is ready. Well, if anyone's wondering about Bitcoin Gold, they've already run into all sorts of problems. Coinbase first said they weren't transparent, saying that they will premine the coin before releasing full options to other miners. If you go on their blog now also it's unclear whether or not they've completed all the work they promised to do, such as replay protection and the completion of equihash. Exchanges seem to have traded already, some on futures and some actual BTG, but the price just keeps on declining. All sorts of allegations happening now, seems wise for BitDice to have just stayed away from this. Bitcoin gold is a mess, even if I would like the community to stay united I do not mind if there are some forks, however at least the bitcoin cash fork had everything put together, there was replay protection and everything was running in the date they said it will, bitcoin gold in the other hand at first said it had replay protection and then they were giving a bounty to anyone that could do it for them, that is unprofessional and now we know there is going to be a premine and that makes that coin even less attractive in eyes of the majority. |
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Ahhh, governments trying to protect the 'best interests' of their people and acting as if they care. Using fiat also carries risk—heck, it carries more risk when transacting with large amounts. I remember one time back in 2016, I was buying an expensive watch for buy and sell when suddenly a motorbike pulled up in front of us and I was held at gunpoint. That is in front of a freaking restaurant with 2 armed guards roving around the restaurant's perimeter. The timing of that was so precise that they took the watch and the money without the guards being alerted. Luckily, a police checkpoint was way ahead of them just a couple of blocks away from where we're at and they were arrested immediately. With bitcoin, I can carry tens of thousands, or even millioms without having to fear for my safety. The only thing I should be aware of is if the machine I'm using to transact is not compromised by any malicious software that could steal.my money.
Politicians play this card all the time, they try to ban things by playing the this is for your own good card, it is obvious that at the moment there are many scams going on on bitcoin no one is going to deny that but only a handful of people are going to fall for this and the rest are going to benefit with the use of bitcoin, but we know they are forbidding bitcoin for their own benefit they do not want bitcoin to win any support in their country but the truth is that is beyond their control. |
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes it is risky, you can make great profits that is undeniable, but the money in your bank cannot go down while the money your bitcoin is worth can go down that is the biggest difference, and if you happen to need that money for an emergency it is going to be a lot more time consuming to sell your bitcoin and then wait to receive your fiat in your bank account than it is simply to withdraw that amount from the bank. As mentioned, it has got risks along with the growth as an attachment. Here one need to understand that, for the risk it has the higher will be the earning. As mentioned bitcoin price fluctuates in unexpected time, but the same haven't made users into loss if the user have patience. For emergency requirements it's good to keep certain amount in banks, so that can be withdrawn without much complications by the time of need. I can agree with this, a person may decide to invest as much money as he wants in bitcoin as long as that person knows what he is doing, however we need to retain an enough amount in hand just in case we need it, after all we never know what it may happen, maybe your car breaks down or you have a health issue and you need to be able to access to your cash as fast as you can so you can solve issues like that in a timely manner. |
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why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
The reasons are painfully obvious, governments are seeing bitcoin as s threat to their power and they are right, bitcoin is a currency and as we know money is very powerful and governments have the monopoly to print as much as they want and they are able to cover their expenses with that if they no longer got that then they will need to become smaller and that is something they do not want. |
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Now people not panic to sell bitcoin but panic to buy bitcoin. The price is over 6000. Traders try to get free airdrop of BTC gold by holding bitcoin. That's cool that make bicoin is highly demanded by traders. Bitcoin holders sell BTC for the highest price so that they make a lot of profit.
It is not just a few traders being tempted by free Bit Gold coins. The fundamentals of the market itself seem to be changing. I think we are seeing institutional money coming in. There is no telling where we will end up. If institutional money is really coming to bitcoin then the price is going to skyrocket in a way we have never seen, the current bull trend will be nothing compared to what it is coming if your prediction is right and in fact that is what I’m waiting for and it is the reason why I’m not selling my bitcoin, it is simply too soon to think about selling when the biggest growth in the market is still to come. |
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How to combine Bitcoin and Virtual Reality?
Bitcoin is my love and Virtual Reality is one of the future directions of the internet
Will they be a synergy together?
It depends on what do you mean, if you mean to use bitcoin or an altcoin as a currency in a virtual reality game that should be trivial to do and not too difficult to implement, but if you mean using the blockchain to store the data of the virtual reality game then I think that could be a very difficult thing to do and something that does not offer any advantage. |
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50 seems way to much out of 1200.
I currently hold Ark, Stratis and Ardor with intentions of long-term hold unless something radical happens.
Yeah 50 coins are simply too much, I’m holding about 10 coins at the moment and I’m already finding difficult to keep track of all my investments if my work load was 5 times greater than that then I do not know if I will be able to keep performing my job at my current level, right now cryptocurrencies are not my main job so I cannot allocate as much time as I would need if I held 50 coins. |
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Ethereum is a very decent crypto with strong and active team, outstanding tech and really wide usage. But currently it is affected by scammers in the same proportion as Bitcoin by speculators. Next trend is unclear yet, will their count reduce or just grow and that can change everything. On the other hand I think ETH is undervalued against BTC anyway, their caps should be comparable, so 3x grow looks reasonable and even can occur till the end of year.
I think this is the main issue with ETH, the number of scams involving ETH has gone up a lot and it makes sense since many projects are based on the ETH platform but lately things have gotten out of control, which is not surprising taking into account all the icos we have at the moment, but I think this is one of the biggest things that is holding back ETH at the moment, besides the price is already very high and it is going to be more difficult that the price goes any higher with bitcoin as strong as it is right now. |
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Price has started to decrease now and I think its the effect of the fork that is making people to sell their coins as everyone is speculating that price will crash badly at that time so people have started to sell their coins so that they can buy it back at low price after the fork.
The price is not going to crash the price is sitting at 5700, it seems this s going to be the new floor for some time, but I do not think this is going to last for long since another fork is coming and the speculation will begin again, so if you have altcoins this is the worst time to sell, keep them and wait until all of this passes and the market becomes more rational. |
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Should I stop buying BTC for above market value or should I start paying the listed price? I support Bitcoin and still pay 5k a BTC does anyone see bitcoin going back up?
I suggest you do not stop to buy bitcoin, because bitcoin is very valuable and very rare, if you know that bitcoin has very limited availability and has a lot of demand. it makes the price more expensive. People apparently does not understand the value of bitcoin and the fact that it has a limited cap of 21mill. If they can really sit down to think about this, and all the development going on with it, they will know pretty well that bitcoin is here to stay and only the supporters now will benefit a lot. Just like the guy who sold all his belongings said, everything evolves, technology, designs etc and even money. Believe me, this is an evolution for currency and the way we spend in the future. Get in now or get in late in future. People have lost that basic understanding of how true money should work, the fiat model has been very successful in that aspect, that is why many people believe that gold is outdated when in fact gold is what allowed civilization to grow to this point and now that fiat took its place it is slowly eroding our economies and when things finally explode things are going to get really ugly unless you hold gold or bitcoin. |
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