It's difficult to happen logically but yes everything can happen since bitcoin is unlike other currency or investation , right ? For me personally, I have faith on bitcoin so I think it won't reach $ 2000 ( Even if it's happen, my friend really want to invest bitcoin although he was pessimistic before )
It is obviously logically impossible. There is so much going on for bitcoin including the support that would make it so hard for us to experience a huge dump like that which would take it to as low as $2000. Even the china FUD when it was around $4500 did not even bring it that low, let alone the level we are now. Impossible! Unless something bigger than the china FUD happens, no way.
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There are so many things and values that bitcoin creates, that would obviously make it improve the standard of living of anyone who is smart enough to make use of those values and apparently help lead to improving the economic standard of such country as more people get involved. Like you said, a lot of people are surviving in Venezuela, Zimbabwe, etc despite the hyperinflation not just by mining bitcoin but involving themselves in activities that can help them earn bitcoin and live better, that obviously is one good way to make it better for the people.
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Well it is not all about USD or any currency, some people tend to make crimes because they are posses by the dark motives influenced by the bad guys. Any currency can be use in illegal activities either it is transparent or not; for wanting to be more powerful and get their ambitions. Like in China, where illegal drugs is coming from so it is not only USD is being used in these cases.
Is there any currency that cannot even be used for illegal activity ? That is the reason I always wonder why a lot of people sometimes do say Bitcoin will promote illegal activities. Even before the invention of cryptocurrency, illegal activities have always been on and it totally depends on the dark motives of the person involves as you said. Currency is for transaction purposes and if someone with such motives in the US or in any other country apparently wants to make some dark transactions, currency absolutely must be involved.
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It is a good combination for me because a job and trading will help you to maximize the potential profit that you can get. A job will stabilize your income and it will help you to have your source of income and capital while trading will help you to grow your money faster and you will have more money and become rich by combining and doing those two pretty well.
I have already combined these studies for a long time. I have some time at work that I can devote to trading. I always manage to make a few dollars on the exchange during the working day Some works can actually give some little bit of breathing space during working hours without getting you choked and mixing with trade during this idle hours can be good. However, not all jobs can give this chance, for someone like me that is always on the go, long term hold kind of trading is just the only closest way for me to trade, so it all balls down on each individual and what their schedule looks like during office hours.
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Me too man, I much prefer investing into Bitcoin for the long term and that is it, no more trading for me, too much stress!
If you believe in a mining rig or other network-related investments, you can unleash a load of fudamental analysis and start living a quieter life. Of the many correspondences that I do, many people stop trading because they already have enough capital to quit, none of them fail like many people cry from gambling addiction. Even mining can go wrong for those who just opt into anything without proper learning or laziness to learn. I totally agree with you that compared to gambling, it is hard to see a good trader coming out to quit unless they want to diversify or just retire with what they have and invest into something not more tasking like mining, which to me is also a very effective way to earn as well. It is just acting smart that matters and not just investing blindly like most people do, looking for shortcuts.
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I've been reading a lot of opinions from different people and there seems to be a majority consensus that btc price will drop during the fork
You really should not base your opinion too much on people's opinion here as some people may not really understand what they are saying. No one knows what will happen after the fork and except for the upcoming November fork which remains contentious, I do not see how BTC price will reduce because of BTG. BTG will get dumped, so how does that affect BTC's price negatively. I am just surprised at the rate at which some people are basing their theory here.
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It's like a gambler's paradise there. About 33 casinos squeezed into a small island.
Macau is an island that is really considered to be something that has an allure to people who love gambling. Gambling has really been a sport or game that has been a headache to some government but there is people who have found solace in Macau where the tegulations are much more lighter. Macau is just one big huge ground for gambling activities and honestly, it is a fun place most gamblers love to visit. I really wonder how the people there cope from being addicted to gambling. Even if you do not have allure for gambling, staying in that kind of place for a while will definitely push you to want to try it out. That is like the Las vegas of Asia.
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For sports games I like to look at the history between the teams. Obviously the team performance in previous month are also important. For soccer if team play a hard mid-week game (like champions league or UEFA), there might be some strain in order to win the weekend game, even against a lesser team.
I really see sport game as even a better option of gambling than going the casino way cause you can analyze what a match outcome can be like. Does not work every time, but if you are good with analysis and you can choose games you can pretty be sure of the outcome, then it is a good way to bet and with that, one can say, yes, analysis can be used in gambling but asides that, NO!
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Some of my thoughts: 1. While I am aware that bitcoin price won't be rising indefinitely, I am also sure that current value is not the final. 2. We will see higher price in the future - the only minor problem is the right assessment of price trends. 3. Using purely mathematical formulas to extrapolate the ultimate future bitcoin price is kinda too random for me. 4. Some of really well-known investors seem to share this idea of crazy high bitcoin price - i.e John McAfee.
That is obviously a crazy value in thirteen years time obviously and like you said, we cannot just use general mathematics to just make assumptions since there are so many factors in between that can affect the value of the digital currency even before that seven years (either negative or positive). We still have many huge highs to come obviously, but there are just some speculations that are obviously just ridiculous like this one.
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This is my portfolio today: All is green apart coss and salt 2k/ SYS 2k / SC 2,5k/ SALT 3k/ LTC 3,5k/IOTA 2k/COSS 4k/ONIONS 1,5k/ARK 1,5k/GOLEM 1k/OMG 5k/VTC 6k/ETH 6,5k/WTC
What is good 4 sale today - i need your lights guyz thanks
I feel it is best to take some of those greens for now or probably wait a little bit for some days. I would not want to get too greedy though. Some of the coins will surely be pumped, but they may still end up being dumped before the next fork. Just speculating though, I am not so sure, but at least judging from the past, I will rather take all the profit I can now or watch the market closely for any slight change before I sell. But a good portfolio you have there for sure.
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What people suggesting that this is over is not, the real fork is the SegWit2x in November, BCG just take advantage of the recent BCash fork, no commitment for BCG but there are for Segwit2x, especially from Jihan who is very influential in the space
You are right! That is the contentious fork we have been waiting for and I really kind of hope it would play out as expected where B2X will end up just being another BCC at the end. It is obvious that BTG is going to be dumped and even bittrex raised a concern that even the devs are pretty much going to dump theirs. BTC will remain stable for a while while the altcoins get pumped a little and then gets dumped again for bitcoin before the next fork.
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Yes, Bitcoin have a really good future. Current growth rates will fetch u good profits.
I am putting full hopes on bitcoin, i believe the bitcoin will change my future life. Yes, bitcoin blesses those who have a strong believe in it and this coin has so much potential that it deliver maximum profit to the investor and as it is known all over the world now and this assure that it will progress more in the future and as I personally thinks that bitcoin will be the most strong and beneficial coin in future because a lot of countries are joining in it and this will really be fruitful.
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Go for it. I think it's not only possible, but your journey there would make for interesting reading. Wouldn't you be worried about giving away valuable trading tips, though? You might not want to give away your 'secrets'.
I do think it's a good idea, because I'm a strong advocate of journaling and blogging. I think it's a therapeutic activity, and other people might find some value in what you write.
Good luck if that's your course of action, brother.
Every teacher one way or the other always end up learning from what they are teaching as it makes them better and also learn from the students too. It is a wise step and one that could pay him a lot in the long run. He has nothing to lose and if he eventually thinks it is valuable too much for him to be dishing out, he would have at least paid his dues and you will be surprise at the number of followers he would have had by then willing to pay him for his advice.
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Savings in banks Deposits in banks Property investments, such as buying property (land and buildings) are then leased or resold after some time later. Gold investment, such as buying gold and then stored for the long term. May be useful in the long run. and produce a decent and satisfactory. or farming to buy sawan and gardening and planting fruits and vegetables is a very good investment. Although a little vulnerable to failure but it could not hurt to try.
Of course it is, bitcoin is a very good investment. Although, I understand that it is a bit risky. So, if you are not comfortable in investing just start from small. Try it and see the results. Business is risky. It is not the new thing to understand. When you are planning for taking a start in business, you have to accept the factor of risk at every moment of decision in your way. Better is to digest this factor and becomes used to of it. Then like you said it very well, if you are a newbie then try to take start with small amounts and then see the results. Learn from them and go on. Rightly said and every investor should know that already. Every business comes with its own risk, and most times the higher the risk, the higher the profit. However, the risk of investing in bitcoin is even diminishing bit by bit except for its high volatility but with so many countries beginning to adopt it as the day goes by, makes the support for it to keep growing stronger. Anyone who is not willing to take some risk in life, especially calculated ones, is not ready to move on. Someone who took the huge risk in 2010 cannot even be compared to now.
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Yes indeed but only on the projects you can see a great idea behind. Now I'm thinking about to invest in a new ICO (witcoin.io), but I'm doing my own research(whitepaper, team, ....) before doing it.
Even the projects with good idea may not be a guarantee to give you huge profit in a short term but if they have good dev backing it and they keep developing and making it relevant in the community, long term profit is guaranteed. Most of them usually gets dumped after being launched and unless you are smart to dump quickly and buy in a better position to make back some good gains, then you might just have to wait for a while.
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graphic litecoin is almost identical to the bitcoin graphics. I think after the bitcoin hardfork, LTC can also lose in price
You can't say that. No one knows. Although its growth has not been pretty too fast, but it does not mean it has not grown at all over the years even though it has been ups, downs and nothing too spectacular but a lot might happen in the coming years for this coin. patience is all it takes. Apparently, it will be more of a spendable and stable coin than an asset.
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You can not control dumping it is natural with any coins, may be they really need money so they sell it in low price. Do not worry bitcoin always rising up
Of course no one can control dumping as so many people dump for so many reasons anyway. Some dump because they have weaker hands and then panic once they are losing since they do not even understand much about cryptocurrency anyway. Some dump because they are whales and want to control the market to that effect and some dump because they are regular traders looking for profit. So, it depends on each individual and whether we like it or not, it is a currency market and there will always be dumps.
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I dont think BTG will live up to expectations !!
it actually may the expectation of it is pretty low and there is no wallet that you can easily use to dump it so in the end it may be having a fun time staying on top without anybody being able to sell anything. for example compared to bitcoin cash which already had multiple clients, full node, SPV wallet (electrum) and web wallet. this one has nothing. so if you have your coins on exchanges you can sell otherwise you may have to wait a month or two before you can even find a wallet for it. Sure it does not have SPV wallet but I disagree with the not having any wallet at all and there are already some exchanges as well which you can dump your coin hopefully if you even see anyone who is ready to take the risk to buy. It is firstly going to be worthless on arrival anyway, so I won't be surprised on that one. However, about 3 wallets are already supporting them (Coinomi, freewallet and guarda), and hopefully some other ones will come up after, but for now we just keep our fingers crossed on the ones available. You can check their website, http://btcgpu.org/ for reference.
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It's an advantage for us users and holders in my opinion. The continuous use and wider acceptances of bitcoin in different services will definitely make bitcoin more secured in investments. The implementation in tourism and travel is a huge step but very wise indeed. Bitcoin will certainly be reliable as payment and surely it will be more trusted and no one can stop it's use now. It is really a huge advantage and there is no way bitcoin will become widely accepted and used worldwide that we here now will not enjoy the benefits, both in value and in its usage. With some of these developments that we are experiencing daily from various countries, upcoming years will be a huge surprise for most people in the uprising of bitcoin's value.
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I feel like i miss the boat or missing the even bigger one. As i want to develop new skills on trading i would like to know more about trader sources. What sites they use or which news sources they follow. And is there any book e-book you can advice? Thank you all answers! Just like what are they saying watching in youtube about trading is the best source to learn more about it.We can learn also here in this forum reading their opinion or comment is another knowledge and sources about trading.But the most important thing to learn is analyzing your strategy and skills you know from yourself. Learning trading is easy now a days because a lot of literature is available in internet that help newbies to learn each and every thing about trading and most of users learn through YOUTUBE tutorials and that shows practical implementation of trading things and also this forum (bitcointalk.org) also help because there are a lot of people signed up here to share their experiences so that other can learn. I have learnt on youtube within weeks what I would not have been able to learn from any book in years. Some of this guys show you practical stuffs, share part of their knowledge and experience so that newbie traders can make it good when they are making their own decisions and I do not see any reason why anyone should not use these free resources to their own merit.
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