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I don't have a level on mind on which I'd sell. 20 thousand would be an important level for me at which I'd probably sell just a bit to have fun and drink to Bitcoin going much higher. I wouldn't sell 50% or 100% of my coins because it's my safe off-grid investment.
i'm sure it's different for each of us. If you by any chance take an important step in life like get married or have a child you could need the money and sell. Those of us who hold for retirement will not.
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Isn't it strange how chinese billionaires, EU billionaires and asian billionaires are not attacked this way.
Don't know about China but maybe there's less communists in the EU and Asia. I recall France did something similar and that decision made many rich people leave the country. Attacking the rich doesn't work. You either want them on your side so that they pay taxes in your country or you make them move and pay taxes somewhere else. Sanders is an idiot. |
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They can launch their own coin but will it ever be used on a large scale.
There are coins that were trying to become centralized bank payment methods.
XRP is one of such coins but who uses XRP to pay for groceries these days? Who uses it to shop online? Nobody.
Facebook Libra was supposed to be something similar. Who uses Libra today? Nobody.
To me another bank launching its crypto is not an important piece of news.
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Bitcoin will continue to break its ATH, that's my prediction.
It's very simple, if you use a simple logic, the supply is limited by the demand is could increase regardless of the reason, either organic or manipulation, still the price will be affected and it will prove that bitcoin is not a stagnant asset, it's a strong asset that could rise significantly even in short term.
As we can see now, bitcoin is already bullish, soon it will touch again at $12,000 and the FOMO will once again start.
Of course it will because of many reasons. One of them is halvings that will continue to happen. If the cost of mining is high now think what will happen after another halving. Saying that we will never have another ATH is pretty naive. Also people like to speculate with Bitcoin and they will try to play with it even if it never becomes a currency and remains an alternative investment to stocks and commodities. |
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There were many cases where people were selling fake data leaks.
There were some fake ones from bitcointalk as well and those who bought them reportedly said that it was mostly fake or scrambled.
I'm pretty sure these people are trying to find someone dumb who will pay $1.5 for a stupid string of numbers. If it even is a real number of someobody's passport it doesn't mean anything. The number by itself is useless and there are much easier ways to get it.
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These two are bounded together. Stacking is part of investing where you hodl/freeze your investments in some wallet in order to take small profit out of it and the amount of profit you get is directly rated to the amount of tokens you have stacked. To make it clear, there are two kind of coins, proof of stack and proof of work. So, you choose to invest on a coin with proof of stack you will get some profit in your wallet TRX is one of them. But for the coins like bitcoin you must search for a trustworthy and reliable wallet to provide you the stacking profit here Binance is one of them.
I agree it's all the same. To stake you have to invest. You invest your coins that you stake instead of allocating them somewhere else. Coins that you stake will not make money some other way like invested in a casino or traded, you name it. Staking is in a way an investment on top of investment. |
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Presidencies cant work on whims and fancies! As for making crypto illegal, though a looming prospect, with regulatory authorities in a dilemma, i think crypto is a future most governments are going to adopt, and rest follow.
Yes, in most countries the president has practically no power. He can only approve or disapprove or proppose new bills. They all have to go through the parliament regardless of the president's call. If crypto became banned in my country it would be against the current laws where it is recognized and taxed. It wouldn't be that easy to chenge everything and make it illegal all of a sudden. |
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Trading is a good idea if you know what you're doing. Most people don't and end up losing money so be careful with this.
I always tell people who ask if they should start trading to take $100 or a similar amount that they're comfortable playing with and trade for a few weeks. If in the end they manage to earn even $1 they're on the right track and can start slowly increasing the traded sum.
I don't have time to trade anymore and I'm scared of keeping coins on centralized exchanges. If you want to choose the safe way this is the thing for you.
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So, as i am keeping half of my bitcoin in exchanges, i should be good. Naturally they can be hacked but apparently there is a possibility of a huge explosion as well so i rather trust experts to keep my coins safe. Not to mention that i think they (big exchanges) have insurance to cover an attack.
The probability that one of the exchanges that you keep your money on gets hacked is far greater than the probability of your house blowing up, you can trust me on that. You aren't safer holding money on centralized exchanges! It's the other way round. |
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They obviously don't understand it but it doesn't mean that can't regulate it.
If they were smart they'd be able to admit they don't know anything about it and ask younger people to do it for them. Every congressman has a group of young advisors and researchers working for them. They don't even answer their emails it's all done for them.
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I attempted to send bitcoin from my Electrum account, but the coins in the Electrum account were cash.
Can you tell us a bit more? You had BTC and BCH on the address and sent one but both balances are gone? Is that what you mean by "cash? It now shows sent & the money is gone from my account. The recipient is of course showing the transaction, but it's showing zero received. Can someone help me? Can I cancel the transaction? Is there anything I can do to get the coins back?
Can you post the transaction ID or one of the addresses in the transaction? |
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I'm 32 I bought bitcoin because I hope in 10 to 15 years I can retire in my 40s.
The I'm looking at it is that right now the market cap of bitcoin is a fraction of that of gold. Right now the most likely investors, hedge fund managers, institutional decision makers and people with money to invest are usually in their 40s to 50s
Fast forward 10 years time wealth will have shifted to the mellenials and a large number of investors and decision makers will be of the mellenial generation. This gen are more likley to invest in digital assets than people from older generations. Hence I can see the market cap of crypto eventually closing the gap on gold.
Perhaps one day owning 1 full bitcoin will be out of reach for the average person that is unless you got it early.
That's my hope
So you bought 1 Bitcoin and hope that you'll be able to retire on it? I hope you'll succeed but I wouldn't bet on it. I hope you'll have some other retirement funds to lean on because it will be difficult for Bitcoin to reach the levels some bulls are predicting like 200 thousand dollars or 1 million. 50 thousand is probable but is it enough for retirement? |
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A 51% attack can hack a single transaction but keeping the attack on and hacking one after another requires so much resources that even a country like China would have a problem.
Also they would need the hardware so to get it they would have to steal all private mines in china and make it work for them. Also they would be losing money because even if they got some coins out of it the price would crash by the time they'd be able to sell.
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I wouldn't overreact if I were you.
If you live in a small town and somewhere in an area not known for natural disasters the chance of something happening to you and your wallet are very small.
If there's an explosion like that next to my house I won't need my bitcoins anymore.
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Bitcoin operates in cycles ob bull and bear markets that correlate with the halvings. Last halving was followed by a bull market and ended with the longest bear market in history. Now we are past another halving and in the new bull market.
Since bull markets also take longer it's safe to assume we will reach a new ATH or at least touch the old ATH in the next 2 years.
I don't think that covid will have anything to do with it. It will happen anyway.
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This pandemic is not going to become anything bigger than it's already is. The number of cases is increasing but the number of deaths per case is decreasing.
Of course this is just the beginning. In time we'll have a new more mutated version of coronavirus or another mutated bird flu or something else. People already know that Internet stores and cashless transactions are the future and those who had no ability to use them before the outbreak will for sure be ready for another one.
Bitcoin also should be ready with faster and cheaper transactions and an infrastructure to accomodate all buyers in case of a new pandemic.
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Him saying that secret services know who Satoshi is can be compared to all those people who claim that secret services are experimenting on aliens and have a space ship hidden in area 51. Claiming that agents are controlling everything around us is a theory popular among those who realy don't know much and need an explanation. Another popular theory is that God is in control of our destiny  |
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Those who don't need stable coins are those who don't do any crypto trading, stable coin is a must if you want to trade and if you want to take advantage of the market situation, also stable coins are good for getting rid of crypto volatility
Think again. I never trade for stablecoins because they are fake substitutes of real currencies. I used to trade a lot a few years ago and always chose fiat money. Some of you are clueless about stablecoins, especially those who talk about investing in stablecoins or complain they don't bring much profit. |
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Why is the poll emphasizes the psychological $10,000 level? So, what happens when Bitcoin exceeds $10,000 , $20,000 , $30,000 and so on? Would these survey change to "how much longer you keep holding If Bitcoin won't exceed $20,000 or $30,000? "
Selling below $10,000 seems really pointless right now when you know the capability of Bitcoin in the future, and this survey wasn't taken seriously by the respondents.
I can tell you why 10000 is important to them. 1. Because of the round number. I know it's awkward but it is how it is. Some people like their glass round and other like them square. 2. Because to people who bought for less than 4000 dollars 10 thousand seems like a big deal and there's really a lot of people who got their coins before 2017. I had that 10 in the back of my mind for many years because I felt that it might be a good point to sell if I happen to need money. It would mean I won't have big regrets and I will still have a huge profit. I don't need to sell now just like I didn't when we were at 12000 but If I needed to I'd still wait for an important level to do it like 10 or 20 thousand. It's irrational I know |
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Well the video conferencing software companies like Zoom / Cisco Webex Meetings / Skype / BlueJeans Meetings / GoToMeeting / Microsoft Teams and Google Hangouts Meet are making a killing these days. Some of these software companies has not seen any action before this and now suddenly millions of people are using the software to work remotely.  Also, most retail companies were forced to develop some kind of online presence to be able to sell something, because most shops were closed during lockdowns and quarantine. ( The eCommerce scene grew like crazy) There's more. For example we're using slack at work. The software listed by you is not only used for companies but also schools. Virtual blackboards and stuff. Most of these things have to be licensed because that's how governments want it to be - all legal and preferably paid. As little freeware as possible to minimize the possibility of malware. Netflix and other platforms like HBO are also making a killing these days. The popularity of computer games like CoD also went through the roof in Spring. |
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