Bitcoin Forum
June 25, 2024, 02:01:36 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 [109] 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 ... 383 »
2161  Economy / Speculation / Re: Where do you think Bitcoin will be by the end of 2019? on: June 03, 2019, 10:16:03 AM
It's so distant future when it comes to Bitcoin because situation with price and on the market could change so quickly.
Personaly I wouldn't bother with predictions on so long term basis, although at the current moment I would say that the price could reach 10000$ again but it will not cross that limit.
2162  Bitcoin / Bitcoin Discussion / Re: Say it again? Bitcoin transaction fees expensive? on: June 03, 2019, 06:51:16 AM
This is right, transaction fee does not solely based on the transacted amount.

However, the amount is huge if you only transfer the small amount.
Bitcoin is only good for big transactions and bad for small transactions, that's why altcoins are invented to answer this call to help people who wants to transact small.

It cannot be use for ordinary day transaction having that huge amount of fee for small amount of money.

This is true but we have to admit that Bitcoin transactions fees are getting lower and that they are quite reasonable and acceptable, even for small transaction. Especially if we compare current fees with those few years ago. And we have to have in mind that everyone in Bitcoin supply chain have to get its share in order for everything to function properly.
2163  Economy / Speculation / Re: If history repeats itself, we could be in for a rally in June on: June 02, 2019, 07:28:39 PM
Possibility for rally exists but don't get that euphoria gets you on the first sign of price rise. Now it looks like the price is heading towards 9000$ again but we would see if it really gets there. And you can't always rely on predictions based on history, there is no guarantee that the same scenario will repeat. Bitcoin is always unpredictable, no matter all analysis and speculations.
2164  Economy / Trading Discussion / Re: How to be A Good Trader? [new] on: June 02, 2019, 12:35:01 PM
There is no unique receipe how to become a good trader. Successful trading comes with experience and with learning on your own mistakes. You might listen to different advice and read a lot, collect information which is good but that will not make you a good trader. What you also need is patience, analitical mind good control of emotions.
2165  Economy / Speculation / Re: Correction coming in the coming weeks? on: June 02, 2019, 10:09:03 AM
I don't know what is the basis for this prediction that corrections are coming. They are part of Bitcoin volatility process and could happen any time but usually there is some reason behind the corrections. Maybe the lack of fresh money on the market could cause them. And it seems that some resistance boundaries is hard to break so price will not have continuous growth and ocassional corrections are possible.
2166  Other / Beginners & Help / Re: Mobile Bitcoin on: June 02, 2019, 06:59:48 AM
You cannot mine bitcoin by using your phone. But there is a Cloud mining available for the phone, it's kind of airdrop. Check Electroneum company. Right now they have about 100k "miners".

This user obviously doesn't have experience in mining and I wouldn't suggest to get involved in cloud mining. This is very often connected with different scam scheems and it's very likely that he will loose his funds. There are other ways to earn Bitcoin besides mining.
2167  Bitcoin / Bitcoin Discussion / Re: The reason we need cryptocurrencies on: June 02, 2019, 12:22:59 AM
Cryptocurrencies are result of development of new technologies, they represent progress. Also people needed some alternative to traditional payment methods and to traditional economy and financial systems, to get the opportunity to step back from the banks and way they do their business, to have something that is decentralized and independent. So cryptocurrencies will continue to develope and evolve and to enter into our everyday life.
2168  Economy / Economics / Re: Crypto to trigger a global bank run? on: June 01, 2019, 07:51:44 PM

I think everyday trust toward to the money is rapidly depleted, and people will finally realised how ignorant and gullible they’re to just earn the IOU garbage fake money, do you think crypto will trigger the complete bank run? Or any other delusional store of value that we don’t know yet?

If you consider US dollar as one of the fake money you're talking about, why do bitcoin and other altcoins being analyze based on US dollar. Cryptocurrency won't elimnate the current currency. They'll exist together at the same time because they have different purpose in our system.

Saying that fiat money is fake is some kind of protest but it shows also ignorance about basics about finances and economy.
Cryptocurrencies will not replace fiat money and to my opinion that is not idea of crypto and not the goal. Also banks will continue to exist but they will modify their business and start implementing cryptocurrencies in their business. Just good regulation is needed for that.
2169  Bitcoin / Bitcoin Discussion / Re: Another Satoshi filed claim for Bitcoin Whitepaper on: June 01, 2019, 06:15:59 PM
I really can't understand what is the point and why some claim they are Satoshi. I wonder if they are so naive to think that someone will really believe them.
Satoshi has every right to hide the identity and not to reveal himself. But as long as he stays anonimous there will be such attempts.
2170  Economy / Trading Discussion / Re: Consider the recent rise it is now more important then ever keep the coin secure on: June 01, 2019, 12:23:00 PM
I think, bank for crypto is not really needed at this time. well, if it's needed, of course people must have moved their assets in an existing crypto bank. I feel that the exchanger has the same function. so, nowadays, people prefer to save their assets in their wallets, or famous exchanger.
They've been working since it's exist and still surviving without any helps from the centralized banks, investors and traders are able to work with their own wallets or use exchanges wallets that they trust, the recent pumped needs to be anticipate where securities needed to be checked more deeper.

Needs to be more curious with how the market will works and how will you anticipate to counter possible threats.

Exchanges are never meant to be storage for your coins. They are not wallets and safe places. They are vulnerable are exposed to hackers, not protected enough and that is why users often lose their coins without possibility to get refunded.
For that reason I can understand the need of some kind of crypto bank that would function similar like traditional bank in sense of funds and user protection. Until better solution is found everyone is responsible for security on its own.
2171  Economy / Speculation / Re: Bitcoin on the way to $10,000 on: June 01, 2019, 10:54:51 AM
It's good to see such optimism but Bitcoin could surprise us in a negative ways too. The price is going back and forth all the time and it seems that is hard to break 10000$ or even to get close to it. To be honest I don't think that price will touch 10000$ this or next month because market doesn't seem to be ready to break the resistance boundaries.
2172  Economy / Trading Discussion / Re: Trading without losses? on: May 31, 2019, 07:43:44 PM
Trading without losses is utopia. Sooner or later you will face smaller or bigger loss, that is inevitable.
But the most important thing is how you deal with losses and are you able to make the recovery without consequences and move on. That is why it's very important to have the good trading strategy and back up plan.
2173  Economy / Speculation / Re: Bitcoin is very likely going to break $9000 in the next few days. on: May 31, 2019, 06:22:27 PM
Well, one moment it looks like the price is heading towards 9000$ and more but the next it pulls back again. So I think this back and forth movements will continue in the next period of time and it will take a while to break these boundaries. Even if the price will go back to 7000$ or less it wouldn't be a surprise either.
2174  Economy / Marketplace / Re: Which one is more better: Doing bounties on Bitcointalk or Managers website on: May 31, 2019, 01:43:30 PM
Managing websites is much more demanding than doing bounties and it's needed your full dedication. I also think that money is better but you have to earn it. So the choice depends on your own preferences and capabilities but it's certain that nothing will come out of the sky to you.
2175  Economy / Speculation / Re: Billionaire wants to buy 25% of the bitcoin supply on: May 31, 2019, 11:44:02 AM
Arabs billionaires are capable of buying a significant huge amount of bitcoin because they are mostly oil moguls but probably not up to 25% however  my consign is after successfully buying the bitcoin they might become another 'whale' in the cryptocurrency market thus manipulating the price using their influences and  financial status which is a big problem confronting cryptosphere.

Yes, billionaires have the possibility to buy huge amount of Bitcoin but so far no one has done it, does it? And honestly I don't think they will. 25% is a lot but I don't think they have true interest for such investment and that is not going to happen in reality.
2176  Bitcoin / Bitcoin Discussion / Re: Bitcoin = Nerd money or not? on: May 31, 2019, 06:35:36 AM
well, I don't know how to respond to that since everyone with the basic the knowledge of bitcoin can use it.
knowing a thing or two about bitcoin wont make you automatically a nerd. I know they meant
the "nerd money" as an insult but I am actually kind of proud that I am part of something big
and people who don't know and what it is results to insulting just to make them feel good about
themselves.

Exactly, you don't be some super expert to use and understand Bitcoin. Just a little effort to get basic understanding how it's functioning. I don't think that Bitcoin is meant to be reserved for some kind of ellites in any sense but for broad masses and so it's should be. New technologies of all kind can't be avoided anymore in our everyday lives, including cryptocurrencies, so.I think everyone should keep the track.
2177  Economy / Trading Discussion / Re: Is the day trading profitable ? on: May 30, 2019, 04:33:57 PM
It's profitable but it's one of the most risky ways of trading so it's not for everyone. Don't get into it if you don't have previous experiences with trading and good knowledge about the market and how it's functioning. Those who are skilled could make nice and decent profit but for beginners it might bring serious troubles.
2178  Economy / Economics / Re: bitcoin goes down, no new rich people anymore on: May 30, 2019, 02:22:16 PM
To my opinion only true rich Bitcoin users are early adopters who kept al least some of their coins long enough. Everyone else were several times in position to get very good profit and improve their financial situation but not also to get really rich.
But that doesn't mean that Bitcoin investment isn't profitable but profit apetite should be put into reasonable expectations.
2179  Bitcoin / Bitcoin Discussion / Re: Invest in thinking, Do not worry later. on: May 30, 2019, 09:49:20 AM
if you don't want to lose the opportunity to make money, then I suggest you buy bitcoin when the price drops and you don't need to think about risk. I think all will be at risk for all businesses if you do not dare to take it will be a missed opportunity. but we must study market movements before all your funds will be at stake.
Right.Opportunity only knock once so be sure to take the risks once you are able to understand about bitcoin investment.Bitcoin has really a bright future ahead so we don't need to worry if we will lose after because once the price drops,it will surely rise up again.But still invest only what you can afford to lose.

Well, I can't fully agree with that. Every investor should be very well aware of potential risk and estimate own risk apetite. Otherwise some decisions might have serious financial consequences. To my opinion everyone should develope its own worst case and best case scenario and then decide.
Of course that price is changing all the time and goes up and down but the question is how much dumps investor can take.
2180  Economy / Speculation / Re: Will BTC hit $11,500 in June 2019? on: May 29, 2019, 07:14:54 PM
This is very possible because everything can happen so quickly and shockingly in the world of digital currencies. Now the price of Bitcoin is in the price range of 9,000USd and an increase of 1,500USD is very possible. Every time Bitcoin always gives a surprise, therefore what we can do is continue to fully support the use of Bitcoin and provide a sense of optimism in every use of Bitcoin.

Yes, it's possible and Bitcoin could surprise us every time when we speak about price movements but to my opinion it's not very likely to.cross 10000$ in.June. We see how price is moving back and forth all the time so corrections are very often and to my opinion similar situation will continue in the next period of time.
Pages: « 1 ... 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 [109] 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 ... 383 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!