But it is the fact that China currently controls the majority of hashes although it's far from 51% attack it could be a problem later on. However, if China really does harsh law enforcement regarding cryptocurrencies or even banned it with punishment for those who break the law. We could potentially lose a major hashes power However it will then adjust automatically after 2016 blocks and become profitable again for small miners to mine bitcoin. Actually there's nothing really need to worry about as of now and to be clear, China didn't control Bitcoin but a price manipulation with massive capital could still happen.
A 51% attack would leave Bitcoin completely worthless and anyone who has made investments in Bitcoin (including the large-scale miners) would try their best to avoid that. So I don't think that the mining pools would come together and launch a 51% attack, because it will be self-defeating for them. Only the government agencies would try something like that. I think more than 50% population using and holding bitcoin come from China where they can make bitcoin on higher and lower price, when China make good news with bitcoin price can up without some one can stop to make bitcoin down, but when China give negative effect for bitcoin price make low and I am still don't know how China can manipulated bitcoin price. |
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Between staking and mining I think very easy if use money for investing with IEO of ICO project, just waiting when listing on exchange market then sell our coin and get much profit, for staking have waiting each month to receive our payment and never sell coin assets use for staking in want to get reward, how ever always have lower price with staking coin and get lost but mining have the same thing with lower earning every day.
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I'm about to go to bed so I can't look at responses right away but dealing with this has caused my family to become separated, my hair to fall out and has caused me and I'm sure other traders enormous amounts of stress dealing with someone or something treating bitcoin like it's a game of attention.
I thought I'd share my story and my experience of what I've had to go through dealing with bitcoin since 2013.
I bought bitcoin at near 1000 dollars or something around 2013 and then went to college and it crashed to 300 dollars (wow totally normal for the old market).
I then sold my bitcoin and didn't get any profit and then it proceeded to constantly go up after that. I moved on like a man though because I realized I had things to learn. Later on though I got back into it early in 2017 nearly full time. I began to -try- to learn how to deal with the market instead of acting like it was mortal kombat. Treating the market like a game to fight people is literally a felony if the market isn't working and everyone knows it's wrong to go a certain direction.
Ever since the spike in 2017 to $20,000 things got out of hand though. Since July 2017 (and I've contacted the SEC,CTFC, and attorneys over this) bitcoin has been getting pushed forcefully to go higher than it needs to faster than it needs to when the market isn't there.
The problem lies in that people don't believe that there is actually a person/trader/ or exchange that was actually capable of doing something like this for this long since it costs millions of dollars per day.
The market got different in 2017 after it got to 3000 and ever since then felonies have been committed nearly every single day to try and force the price upwards whether or not the market is ready. Now we/I/you and the community are seeing the aftermath of the psychopath who thinks it's their job to "punish" people for selling bitcoin and it hasn't stopped since then.
I made over 10,000 dollars doing it right when everyone was ok with the natural market when it went up AND down (without getting harassed) but now it just doesn't work. This isn't bragging, this is just a fact. I learned how to do it right and I did well. (yeah I sold bitcoin sometimes instead of buying it)
EVER SINCE THEN though, it seems like THE ENTIRE internet is trying to FAKE their way into doing what I did.
This has really gotten out of hand and I expect people to do something about this. I shouldn't have to be calling attorneys at my age (but I am).
Bad moment to remember where you bought many bitcoin when price still down with season 2013 and keep selling before bitcoin have raise higher price on 2017, I think many people can't believe with bitcoin become higher price, when bitcoin still down and not popular many people do not trust with bitcoin will have higher price later and keep selling after get profit with bitcoin and altcoin. |
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Today, investors in the cryptocurrency market are going through very bad times, as they face not only big problems that are associated with fraud, but also problems due to the poor state of the cryptocurrency market. In addition, many companies, as well as their incompetent teams, do not develop their project, because such projects may not always have a good demand in society and I believe that this is a flaw in the developers. Based on this, a good investor can be exactly the person who fully studies the market for investment efficiency, and the investor can be considered real when he supports really promising projects and does not buy junk coins.
I think there are many points of arguments here. Firstly, what is your basis for finding out that these "investors" are going through very bad times? I doubt that investors don't profit from any kind of investment, especially in cryptocurrency, considering Bitcoin isn't the only crypto to exist. Secondly, what do you mean by " ...due to the poor state of the cryptocurrency market."? Just because the market price of any cryptocurrency isn't in the green right now, doesn't mean its "unhealthy", volatility holds its meaning. And lastly, what do you expect from these projects? Me personally, I don't expect as much, not only they don't have a solid purpose on developing the so-called projects, they also don't have an "acceptable goal" for the project or any future extensions of the project, that's why when it's done-- it's done. When got profit with their investing is called good investor, how ever expert your are but always failed analyze with altcoin or ICO project investment you not good investor, good investor will check information about how to get much money with bitcoin and altcoin investing. try to give best thing for their investment to get much profit and always check how accurate information about their coin want to invest. |
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Some tokens that continue to support their platform will certainly continue to grow if the platform continues to increase in volume and some of the tokens that you mentioned of course already have a very wide community so for the price issue they certainly don't need to question anymore especially if the platform continues to improve the system so that the token holder feel comfortable to hold it.
Have good way if many exchange have open their coin platform, will available for trading with their peer using altcoin to bitcoin and altcoin to exchange token like BNB or KCS, all of exchange coin have good price from start investing with IEO after listing on their exchange market, not make investor disappointed with exchange token because have higher price and get much profit. |
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I do not use bitcoin directly but I sell bitcoin in the local market in my country, where after selling bitcoin I get a local balance in terms of RUPIAH balance (INDONESIA) where it can be used as a voucher that can be used by other local market users named (INDODAX ) I usually use goods / transactions using vouchers because it's easier and faster.
Myself too prefer spending bitcoin selling it to traders on localbitcoins. Also we don't have much of access to buying of things with bitcoin. In recent years majority of direct bitcoin spending of mine were on gambling. In my country slowly businesses have begun to accept bitcoin, maybe when government makes strong decision supporting the usage of cryptocurrency daily living with bitcoin becomes possible. Only use bitcoin for withdraw and keep become my investment assets, not available using bitcoin as legal currency in my country I keep trade and invest with bitcoin, I don't mind if government want to allow or not using bitcoin as legal currency payment, I am glad when my country give space for bitcoin to invest and trade on bitcoin without banned by government. |
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We have seen some of the assets backed crypto coins in the market on the way and do you guys think this will be the future as this is directly based on national assets like gold and other products like charcoal and energy based products. This will help in growth of country's economy if not taken over by greedy corporatesand and and will it have government's support or soft corner in the regulator's eye as it will bring in some money from outside.
We have seen several coins like that in the past and all of them have failed the only ones that are still around are stable coins that are backed by fiat and we have no assurance that those coins are going to remain in place for long. All of the coins that are backed by something have the very same problem that bitcoin was trying to solve, you need to rely on a centralized institution to not lie to you and to anyone else and to only create as much currency as assets they have in store and we know that this never ends well, if even the government some of the most powerful institutions around the world are unable to resist the temptation to create as many currency as they want it doesn't seem unbelievable that a smaller private institution is going to do the same. Best investment when backed your assets with bitcoin and altcoin because could increase price become higher, when you use your money only saving with bank maybe safety is first thing with your money but believe or not your money will increase less value because every year your money have inflation price but not if you save and backed your money with bitcoin and altcoin. |
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When altcoin season will come true because I have waiting with long term when altcoin have higher price, I hope one day later altcoin come back with their sweet moment last 2017 where altcoin price can raise with very higher, now waiting first when bitcoin have good price before hooping with altcoin can back to greatest moment with good price too.
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If you would have averaged your Bitcoin buys weekly, you’d be up by almost 50% for the year—an impressive statistic that proves it is smart to spread out your buys.
Does averaging out your buys instead of going ‘all in’ make for a better strategy? With making large buys, it’s about timing the market. However, averaging out your Bitcoin buys over a longer period of time has brought great returns for investors this year.Full news hereI honestly do not know what to say about this guys, but dang! If only I can afford buying Bitcoin every week and having guts of taking risks in this unpredictable market, for sure I would be in profits by now. However, do you guys agree about this one? Up to this date, most of the market move are in favor of the bulls than the bears. Even the bulls are pushing the price higher, the bears are not slowing down in pulling it back. We are still up by the way. From over $3k last January and now hovering around $7.2k after this year’s high of almost $14k. Maybe yes but when you buy bitcoin each week when bitcoin have higher price maybe now you have lost and forget with your profit, maybe can buy bitcoin each week bit after raise profit and have target with your earning sell bitcoin and take re investing after bitcoin have lower price again, don't worried with sell bitcoin soon because you have chance to re invest. |
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guys how to get around local tax laws and convert crypto earnings into legal fiat?
I don't think that there is a "get around" for taxes, period. You either pay what's owed of you, or don't, and risk being audited and all of the other consequences that follow such course of actions. To convert your cryptocurrency into fiat, you have to go through a medium, usually in the form of an exchange. Which may require KYC/AML compliance. And more of the exchange that want to widraw large balance need to make that KYC. I dont think tax will be a problem if the government ask you for your tax then give them the right amount for taxes, if you have enough money to pay why will you be affraid. It's alright for me to have tax with my crypto earnings too for as long as this if for the benefit of my own country, why not, for as long as it is reasonable enough and not just like what most of them are implementing that they wanted to earn with our income of 20-30% which for a normal person like me is a big sum of money. So, right now, i am still enjoying the freedom for not obliging to pay tax on my crypto earnings. I keep continue earning with bitcoin and crypto because have easy way to get earning and can start investing with less risk for other investment kind, with crypto we can manage how much profit we want depend with price up, many people like for investing with crypto and get much profit with bitcoin and altcoin very easy to get much profit. |
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sometimes someone is sure of the hold that they think will secure their assets. but if holding for too long will also affect existing assets, so maybe I think now if you look at market conditions, we don't have to hold it for too long or we will be bored with our unstable profits
Yes, holding assets for too long will obviously bore us in monitoring the market, because market conditions are always changing so that the value of our assets is also unstable when market conditions change suddenly. Earning money can never ever be fun and we all do it because there is no other option to survive. Even if the market bores us, we still have to do out job as this is real life. The only way to avoid boredom is to do what you love and to love what you do. Besides, if the coin being held is bitcoin, then it is impossible to feel done with crypto currencies. Volatility and instability is what keeps thrill in this market. Earning money with holding is funny because we can earn much profit with some altcoin can increase to higher price, but have many cases with altcoin become lower price after holding in long term. for me keep selling altcoin after raised profit without holding for long term because get many bad experience with holding coin have lower price. |
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Hello all, need advise, if any exist  I am trading btc few years - but it seems I havent learnt anything. My plan was to use bitcoin volatility to earn some extra btc, but it seems I am not able to do this. I am selling/buying always in wrong time. Using volume as only indicator, as others do not make sense for me. For example I see a series of red candles with increased selling volume, price crossing support line (like today crossing 7040, 7000, 6900 USD) so I sold 0.8btc in expectation price fall to 6500 usd as few days ago. But 1.5 hour later price changed and went up and my prediction was again wrong. And the same is during increase of price. If the price hits e.g. 10300 usd and starts falling I do not sell, because I am not sure when it will turn again. And then I usually miss fall in price from 10300 to 7300 which is finally 3000 usd, what you can earn on 1 sold btc at correct time. Am I doing something completly wrong? Or it is not possible to predict the movement of btc? thanks P. Maybe your source income not come from trading, you have upgrade you trading skill to get much profit whit your next chance, every thing can be change to learn with trading system and looking which one good coin for investing, you need ask at the forum and check their social media account from your coin investing, have new information there or not about their coin update. |
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Market will crash too if bitcoin never back to higher price, looking market go green and many investor make thousand transaction every day need to raise up bitcoin price and have many investor want to promote and make bitcoin become legal payment currency in their country, almost trader and investor just looking with bitcoin price can be up to make all altcoin have higher price too.
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Bitcoin is not a valueless coin. It has a great value and demand. We aren't able to earn bitcoin by doing nothing. People are seeking to get it free but in reality, it is not possible. We have to work physically or mentally to earn it.
Most easy looking for bitcoin and get much profit with bitcoin by trading and investing, just prepare your money and buy some altcoin looks good for investing and trading, we can get much profit every day with investing and trading without waiting more than one month like joining bounty campaign or airdrop project, maybe with bounty campaign have waiting when coin listed and have good price or not. |
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Generally I don't hold for a long time. If I get profit range of 5-10%, I sell and buy for another trade.
If you are short term trader, you don't hold for long term investment in cryptocurrencies. But current scenario many peoples are buying the before dump so they hold for earn the enough satisfaction. Nowadays everyone expecting the 5 to 10% of profit only so they also sell at faster, but they know the market activity so they fear the normal fluctuation of crypto market. I hope most active in all the time so they sell faster and earn good profit. Depend with how long my altcoin assets growing up, when can hold without one week I will sell my coin but when have waiting more than one month I keep hold my altcoin assets more than one month and never try for cut lost, I think all of my altcoin assets investing will back to higher price if keep patience for waiting back my assets. |
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Hi fellas, i want to drop this info mainly for newbies on this forum that just start getting familiar with crypto wallets, i was waiting for some tokens to get delivered into my coinomi wallet since a month ago but they never appeared but the projects teams claim its been sent but guess what? i decided to track my address last night using Etherscan and i saw all the tokens there, sometimes your tokens might have arrived in your wallet but you won't know until you track your wallet address or you manually add token contract address, thank you.
Coinomi is not support using for your wallet address for participated on bounty campaign or airdrop project, you can't receive payment if using this wallet address although you have submit correct address on form participants, before joining bounty campaign or ICO project looking which one recommendation wallet payment using for participated. |
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French become potential country for promoting bitcoin in for investor, after available syllabus subject in the school now French have promote bitcoin on their television to make their people invest with bitcoin and altcoin, they have know what most profitable by investing with bitcoin and altcoin, other way can give much profit later when bitcoin have higher price.
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Hahaha. Funny if I must say.
It's the dark net though what do you expect, all unbelievable things happens there. Its more like the platform where people are fry to be weird.
As for your question, I can't say there have been anything weird similar to that.
My usual worries is when I remember how the early user of Bitcoin spend so much to buy a box of pizza, mind blowing. It makes me think of how huge Bitcoin will be in the future.
Due to its decentralized nature, bitcoin is highly used in the Deep web and the dark web by criminals. Moreover, that place should not be visited. Even the name suggests that it is dark place where all sort of dark activities happen. anyway, Nothing can be more painful than spending lot of Bitcoin just to purchase a box of pizza. actually this is the most shocking case. If only he had a little bit more patience, things would have been different for him. Actually, I seena thread before about buying drugs using bitcoin. There is a user who post a thread where he is willing to buy illegal drugs through the use of bitcoins. There are really weird things sellin on the internet that the merchants are willing to accept bitcoin. I think they are using the anonimity of the bitcoin and its blockchain technology for them to easily transact with each other. Same as drug related in which I encountered many bounty projects as they introduce marijuana. I know some countries that the marijuana is legal but that kind of drug here in our place is very hot issue and can be a chance to fine or a imprisonment. As the technology become developed it is easy to introduce, even the weirdest thing here in crypto currency community. Are you kidding using bitcoin for illegal transaction? maybe you have give negative effect for bitcoin become illegal payment currency like to buy marijuana and drug using bitcoin, you have keep positive with bitcoin currency to buy some thing good to make price of bitcoin on higher and get positive respond from many country to adopt bitcoin as legal payment transaction. |
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Earlier this morning, I read from whatsapp group how IDAX CEO, has suddenly gone missing. If you doubt this, read full story on IDAX blog here http://idax.zendesk.com/hc/en-us/articles/360037327571-Urgent-announcement-about-current-situation-of-IDAX-Global As I speak, cold wallet in which all crypto assets of users, investors etc are kept in custody is inacessible. Perhaps, if anyone should have veto access to it, would be the CEO basically. Withdrawal is blocked and users are stranded. I also use IDAX but lucky was on my side two weeks ago when I pulled out my $200 worth of Ether to AtomicWallet. A friend said it is more like I'm a prophet. Hahaha, I am not one either but I was skeptical of being at the mercy of exchanges when I was Introduced to AtomicWallet. Immediately, I head for atomicwallet.io and downloaded on my PC. AtomicWallet is a non-custodian wallet where your private key remains with you giving you the full control you desire over your funds. I can't actually afford cold wallet so a decentralized wallet was the best option for me. Meanwhile I could have used 75% of the fund to get a cold wallet but for the flexibility in moving funds, and some cool features of atomic wallet not available on cold wallet. I'll start to use the latter when I need to store up to 100BTC for lengthy period  In my opinion, I think IDAX is attempting a scam exit. We all know how cunning they can be when they're ready to ooze off. Different strategies they use. And now, even if the CEO shows up, users will flee the exchange as they will lose confidence and trust for it. And that would be the beginning of the dead end of IDAX. So, I'll advise that you start using non-custodian waller. Not respond from IDAX exchange owner I think have to panic because have potential to IDAX become scam, how ever right now can't withdraw fund again and owner of IDAX have gone, maybe just waiting several days later for formal announcement of IDAX become scam exchange market to public, you have update news when available for withdraw on IDAX keep withdraw your assets. |
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I don't buy my crypto. I earn it with referrals and other methods. So i don't use cards as you say. I do not use a centralized exchange either. I hate centralization. I do see your point seeing as bot everyone is kike me and some people go the centralized root. I think these are people that shouldnt use crypto. They not really enthusiasts they just want to increase their $$
You are looking free way to get bitcoin and altcoin? good ideas where is many people invest with bitcoin and altcoin you have free way to get it, I get bitcoin from joining bounty campaign and use for investing with altcoin and ICO, but I lost when investing with scam altcoin or ICO have lower price after listing on exchange market. |
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