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Unfortunately no, and I understand you are a newbie and asking questions is great because that is how you can learn but also consider if you are a newbie and just thought about this don't you think provably fair would be crippled by this time because it has been going around for almost 10 years now and provably fair still stands and no one was capable of doing what you are telling which means common sense states its not possible because if it was it would already have been done.
The seed either changes the result or the randomness could have so many results that in the end you will not have any chance of knowing anything at all. I say try to just have fun with gambling instead of trying to find little stuff like this.
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Are we going to Saturn or will cryptos reach only the moon?
What do you mean by a bull trap? 🤔 we only have bull market and bear market. Bull market is when the market starts rushing up while bear market is when it gets slow and also going down .as for now, we are in bearish time of the market. But trust me very soon there will be a rush, and I will be very sorry for those people that are panicking right now and withdrawing their money due to they are afraid. |
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While most of the analysts are letting their wishful thinking of a trend reversal influencing their analysis, this top analyst on Tradingview (MagicPoopCannon) has been predicting the current price action of BTC already several months ago and he is setting 3000$ as a logical bottom. Click on the link below to read his analysis and see his chart. What do you think about it? https://www.tradingview.com/chart/BTCUSD/GLtEEYfz-The-Downtrend-Continues-BITCOIN-BTC-D/This year is already over, we have just four months left and it’s over. I have seen someone predict five thousand dollars as the lowest the price is going to get for this year, but I really don’t think so, cause based on what I’m seeing I believe that the lowest bitcoin price is getting will be this six thousand dollars. But even if it does fall below that, I still know that it will rise again and get back above $6k and at least reach $10k. |
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What are you guys trading on the most?
Anyone using the Bitcoin to trade stocks like 1Broker? Or mostly trading BTC markets? Or Altcoins?
Mostly what I’m into is Holding and less of trading, and I buy lots of big coins and exchange it later, dividing it and putting some on USDT, while the rest are withdrawn completely out from the blockchain to USD/fiat. I buy different coins just Bitcoin, Ethereum, Litecoin, Ripple (XRP), Bitcoin Cash, Ethereum Classic, Monero, Zcash and a lot more of them and wait for the increase and they are really profitable . |
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Expert traders, can you say Which is profitable coin? I like easy and short time trade. Now which coin is better and which exchanger also better for short time trade? I like small profit and it is short time. Say your option please.
If you’re looking for the best coin and also one that can offer you the easy short time trade , then it is Bitcoin. Bitcoin is your best bet, other ones are not really good like bitcoin. But don’t forget that profit is not all the time, there are also losses sometimes, but bitcoin is still the best, cause you can make a bigger profit than you will make from altcoins, and if you are not careful you’re likely to lose more than you will do with altcoins. |
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Do you ever feel like you're overly obsessed with cryptocurrencies or trading/investing in general?
Personally, I'm fairly satisfied with my investments/decisions so far but yet I'm looking for market opportunities most of the time. I think that's mainly because of the fact that majority of my time browsing the internet I watch related content. I'm passionate quite passionate about it.
Over time it kinda makes me feel depressed that I don't make as much as I possibly could or others have better scores (some unhealthy jealousy I guess?), so this "paper-chasing" has become a target itself.
When I want to take a break from all this stuff for let's say a month or week at least then I'm not able to because I'm afraid that I will miss out on something.
On the one hand, I have made investments in projects I believe in so I could leave it for few months even and then back but at the other hand, I'm still not quite sure about my diversification so I keep watching the market.
Can anyone relate?
Eehm… I don’t really think so, cause I’m not relying on Bitcoin as my all and all. I’m not the kind of person that relies only on one thing, I prefer to have lots of things and be involved in lots of activities that can bring income to me. Well, maybe I can say that I am addicted lots of things and not just Bitcoin alone. Bitcoin is good, at least it helped at first to start up my dream as an entrepreneur. So it’s very good, and maybe I’m addicted to it cause I do it a lot of times. |
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I'd like to buy some bitcoin or litecoin (ltc because less sharp ups and downs) but i'm having trouble figuring out the best way to go about this. I'd also prefer to do so anonymously... I could use some help. I live in the middle of no where basically so I doubt anyone out here would have some to trade in person. Any help is appreciated.
Why don’t you want to buy from exchanges? Doing so here is a very big risk because you’re making payment first to the person that will send the Bitcoin to your wallet. And what if after sending the money to the person and they refuse to send you the Bitcoin or LTC you ordered for? If you can’t find anyone in your location that is accepting Bitcoin then buy it from exchanges like Coinbase, Xapo and similar ones. |
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I'm just reading an article in the newspaper. Klaus W. Wellershoff (a last chief in UBS Bank) says that's impossible to use a currency with volatility as money. If the value of the money decrease, that means the value of the merchandise decrease. For example : if you buy a flat with bitcoin and few years later the bitcoin value decrease... Your flat lose his value as well.
What do you think about this argument?
Is there any cryptocurrency without volatility? Every cryptocurrency in the market fluctuate up and down and they all can be manipulated. I don’t know why people are fond of saying this in a way that Bitcoin is the only cryptocurrency we have that is volatile, they never mention other ones like Bitcoin Cash that is also very volatile, including Ethereum, Litecoin, Dogecoin, Ripple and all of them out there all volatile. |
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Ok this is something that hits us all but when it comes to cryptocurrency there is a allot of uncertainty about how taxes will be enforced. There has been some news about different U.S. dollar amounts such as $10,000 at which taxes will be enforced or a certain amount of bitcoins traded such as 1 bitcoin at which taxes will apply. The majority of the news is based around cashing out on exchanges such as coinbase.
Based on what you have learned what do you think is the most likely scenario when it comes to cryptocurrency taxes in the U.S.?
Or comment on when do you think this will be clarified by the governing bodies?
What kind of taxes and why should we even pay tax? Hmph… I don’t know why some of you here are fond of bringing up stupid topics just to piss others off. Man this topic makes no sense, you will also be the same person that will be complaining when they happen to charge tax and you can’t afford it. Now you’re making noise, it’s people like you that don’t have any money to pay for anything but you will prefer to make noise. So what you mean now is that you’ don’t like the fact that you’re not being charged anything except transaction fees? |
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‘Big Four’ South Korean Bank Enters Blockchain Pact with Telecom Giant KT
South Korea’s second-largest bank Shinhan Bank has entered into a partnership with the country’s second-largest telecoms provider KT Corp for the purpose of developing a new blockchain-based platform. The Korea Times reports that the new platform is intended to build on recent moves by regional governments across the country to introduce digital vouchers. Useful Competencies In July, CCN reported that KT Corp launched a commercial blockchain capable of handling 2,500 transactions per second, in the process becoming the first mobile carrier in the world to build such a platform. The network further announced that it planned to expand the transaction capacity to over 100,000 per second by the end of 2018. Shinhan on its part will bring its considerable commercial banking experience to the table, with its 2017 assets totaling $302.6 billion. The aforementioned government program permits digital vouchers to be spent like cash within certain locations. The partnership between Shinhan and KT comes ahead of the planned rollout of an economic stimulus program that includes the digital voucher scheme. https://www.ccn.com/big-four-south-korean-bank-enters-blockchain-pact-with-telecom-giant-kt/ Hmph… 😏🙄all these has nothing to do with Bitcoin, they just want to collaborate with each other and build a platform that is totally different from their main business which will be running on the Blockchain and that is a way for them to profit from Blockchain, so that has nothing to do with Bitcoin at all and I don’t even think it will make price go up cause any money invested in that project they are running wouldn’t go to Bitcoin. |
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What do you think why Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line have not yet launched their crypto platform?
But Kik and Telegram did it.
After all, companies can get 2 huge pluses:
1) to collect a large amount of money for ICO
2) add hype to marketing and popularity among users.
share your opinion
This doesn’t make sense, why would they? Most of these chat platforms you mentioned don’t post ads, and I bet you that you won’t like it if WhatsApp should start to display ads, or maybe Skype starts to place ads everywhere in the chat. This is a dumb idea and makes no sense to me, there are already platforms like Facebook displaying advert on ICOs, so why on hell would you want all these you mentioned? |
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Why is Bitcoin's daily price fluctuations getting smaller and smaller? How do you view the current price of Bitcoin and how we should handle the transaction in the later period?
Last month, July, when Bitcoin price got to eight thousand dollars and people were saying that it was because of a project that was started by one billionaire, which also led to millions of dollars being put into Bitcoin. So I’m guessing that now those invested money has been withdrawn, cause that’s the only I see that will make the price of Bitcoin to go down like this. Or maybe some group of savages has been waiting seriously for the price of Bitcoin to get to eight thousand so that they will withdraw. |
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How is Bitcoin different from Etherium?
I have seen many questions on this matter around Bitcointalk, so I thought that this would be useful as a source. Hope you enjoy and don’t forget to say “thanks”.
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So let’s start off with the question “What are Bitcoin and Etherium?”. Well, they are cryptocurrencies, based on the blockchain. So what makes Bitcoin and Etherium so different, if they are based on the same system?
Bitcoin
Bitcoin is often defined as the “digital gold” and that is for a reason. It had been one of the first cryptocurrencies to appear and this makes it such a popular coin nowadays. It can be defined as the dollar of the blockchain, as it is only a payment method. It can not be described as an innovative and mind-blowing technology, although it is very useful itself, it is just your money, held in a digital form. Bitcoin can be used for multiple purposes, one of them is inviting in ICOs (Initial Coin Offering). Once you support an ICO, they give you their tokens, which can be compared to stocks, which grow with the company, although are dependent on the price of Bitcoin and the market in general. Some other purposes are investing and basic payments, which are getting more and more popular nowadays.
Etherium
Etherium, on the other hand, is defined as the “digital petroleum”. It had been launched at the beginning of the crypto market development, and many people see it overtaking Bitcoin in future due to it’s flexibility. Of course, it is priced lower than Bitcoin as it had entered the market way later, but that does not deny it’s usefulness when it comes to innovations. Shortly speaking, where Bitcoin is just a currency, Etherium is a platform for other applications to host and grow at. It is so “open-minded” as a platform, that you could build anything on it, starting from 3D printing to traveling network management. And that is the quality that allowed Etherium to enter the big market: it occupies a different area rather than Bitcoin, therefore serves for different purposes.
Conclusion
For me, as an investor, Etherium poses a bigger personal interest than Bitcoin, but it is pretty clear that at least for the next year bitcoin will be the leading currency in the crypto market. That is also because most of the people nowadays are familiar with Bitcoin, but have heard nothing of Etherium. But if you are looking for a long term investment, Etherium might be your solution.
You can only see the difference when you decide to go deeper with it and break down every of their details. But basically they are all the same thing and they are all being used for making transactions, you can send and receive payment with all from friends and family, and all of them can also serve as investment. It’s only developers that will tell you that they are not the same, but you that is a basic/simple user won’t see that, and how the heck is that your business? Lol. |
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I think investing in bitcoin varies depending on the money we have and we don't need to pay all the money in bitcoin because it will be too risky, invest according to your ability
Yes i do believe on that, people should just invest depending on how much they can because there is a chance they might lose all their coins and they will go broke without any backup money. Well it is not a very risky business. If you intend to invest, better do it for long term and invest the money you want to. Hold your coins for long depending on you term strategy and with the passage of time, the worth of your portfolio will grow. You would not need to worry about the momentary fluctuation in the value of Bitcoin and any other coin you own. This is because even after months of passive market, you can get a chance when the market finally rise high and you are able to cash high. |
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Southeast Asian nations may be one of the first countries to legalize Bitcoin, some of which have the best conditions to legalize Bitcoin. Examples are Singapore, Thailand, and Brunei.
Like which of them, Japan or China? Cause I’m pretty much sure that the Chinese are really against Bitcoin (I mean the Chinese government, though some citizens too). One country I have in mind is Sweden, if I’m right there was a time they mentioned something like that in the news🤔 well, I’m not sure but I’ve heard that everything about Bitcoin is moving pretty fine in Sweden and it’s well recognized, plus the government it’s also not against the use of it. |
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I'm just reading an article in the newspaper. Klaus W. Wellershoff (a last chief in UBS Bank) says that's impossible to use a currency with volatility as money. If the value of the money decrease, that means the value of the merchandise decrease. For example : if you buy a flat with bitcoin and few years later the bitcoin value decrease... Your flat lose his value as well.
What do you think about this argument?
There is no cryptocurrency without volatility, all of them are volatile and that includes Bitcoin, EthereumMonero, Zcash or is it Mcash, Ripple (XRP), Bitcoin Cash, Litecoin and every other coin/altcoins in the market. I even think that altcoins are worst than Bitcoin, cause people tend to abandon them and go into Bitcoin at a certain time, especially when there is a rush and after everything seems to have settled, they go back to investing in them again. |
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Perhaps this is due to the stereotype, and to the thinking of people who just do not really want to get rich!
Lol, some people are just so stupid, that’s their main problem. They don’t even do the right thing at the right time and they can’t even sit down and think. And one of the mistakes some of us, for example in Bitcoin we are fond of creating an opportunity for the rich dudes, we sell out Bitcoin and create chance for them to buy and then we stupidly get in put money and boost the price further and once they see the price is up, due to they are smart, they will immediately withdraw and those stupid poor people who don’t even have target will end up losing their money. |
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for us krypto can also help our economy every day well, to see the development of krypto is also very good, so for us it will also be easier to get many benefits, because with krypto our lives are also getting better.
I have done a lot of jobs here and that includes signatures campaign, lending at the earlier time I got in and not everyone paid back, then I did day trading and Hodl (which I’m also doing till now), I didn’t miss my opportunities to get free airdrops which made some income too. One thing that didn’t work out pretty well for me was gambling. I tried gambling after some friends persuaded me to do so. I lost some of my Bitcoin before I decided to quit from it. |
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Yes right, bitcoin holds enormous potential as the number of active users continues to grow and is estimated to be more than 2% of the world's total population, it is the same as the one big country community.
It's actually small number of people if you take in consideration that at least 99% of people on the planet use paper money. Wee need that adoption rate to reach at least 10% and crypto will be unstoppable after that. Yesterday fall of price has created another opportunity for us to buy a lot of Bitcoins as the market is going to charge us lesser for it so buying of many coins is a type of benefit which will benefit us the most in high market with huge profit. It is another opportunity and we do not have to miss this time again and now we have to learn that market can go higher anytime so think for your better future. |
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I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.
-Warren Buffet This quote is constantly bandied about as justification to invest in Bitcoin, and especially now that there has been some nice price movement in the upward direction. But this Warren Buffet quote is only relevant with the proper context, which is that Warren Buffet only invests in things he has a fundamental understanding of and can quantifiably value. You can confidently be greedy when others are fearful if you have a sound investment thesis and are a fundamental value investor. This is how he turns his investments into home runs, he knows what he's buying and what it's worth and can weather the negative sentiment until the market learns what he already knows. This doesn't apply at all to a speculative investment like crypto. Following this advice willy-nilly is gonna get you burned because you're misunderstanding the intent and the application. Don't not buy Bitcoin if that's what you want to do, but don't fool yourself into thinking you're following Warren Buffet's advice. Warren Buffet doesn't speculate, and if you're buying crypto, you're speculating. If you’re doing that but doing it at the wrong time then I’m sorry for you. And by the way, who told you that others in Bitcoin are afraid or greedy when you can’t even see them? Well, what I’m trying to say is that whatever you’re doing you should do it at the right time, by the way BTC is something that is being driven by the force of the crowd, so the earlier you get in, the much better you will achieve. If you’re trying to be greedy when price has already gotten to highest it would do for that year, then you will. End up as one of those that loses. |
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