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Yes this was exactly what I wrote in one of my previous post. I think trading is merely a type of calculated guess. It wont guarantee something 100% or even 50% but yes it do provides a 20% stability to your intuition. Its still quite based upon guessing and personal favoritism.
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I would say thats quite optimistic of you that you are expecting btc to hit such a price. I personally think it might be possible. If it can climb up to 8000 in last 3 months why cant it reach 12000 in next 3. But all this is just making people quite negative about bitcoins. Such a quick increase in its value is actually making it look like a bubble which can explode anytime.
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Why people always whining that the transaction fees are high? Indeed it pretty high now and it will be higher as the price continues to skyrocket but can you just wait for the segwit and the lightning network to finish and also you can lower your transaction fees although it might take longer to confirm sometimes and if you are using an exchange then stop using it and download bitcoin wallets that enables you to adjust the fees in that wau you can set you transaction fee whatever yoy like.
Are you telling to reduce transaction fees by increasing transaction times? Wont that be just increasing one negativity by suppressing the other. People want some thing which can move their money easily swiftly in a nice manner. They dont want high fees for quick transactions or vice versa. This is one of the greatest challenge in front of bitcoin. Moreover it becomes worse when miners dont support things like segwit2x for their own good. |
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Yes but doesn't that makes crypto a bit more controllable and practical to be used as a daily means of transactions? I understand that this would mean centralization but it would also ensure that people are not ripped of in case of hyper deflation due to bitcoin prices surging upwards. I mean this can be looked forward as a positive trait in cryptos.
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I have not been a trader so far this thread really helped me to get some insights of how to be trader. But I still think despite of the proper analytics available for trading its still quiet affected by intuitions and general favoritism. I mean that your luck really needs to be your way. You can make up with your technical analysis but they would only account as 30% assurance. Rest 70% is still going to depend upon your fate. You just cant predict market especially the crypto market.
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Link of Page: https://yobit.net/en/investbox/They promise to pay 0.02% a day on BTC, daamn, Means i invest 5 BTC and i can get 0.3 BTC a month?? Is it true?? Or a Scam?? At first it seems like to good to be true but I have witnessed it. I invest a few BTC around 0.3 and easily managed to earn back a good interest in 1 month time frame. I have now withdrawn this sum from yobit quite safely. I guess this is safe because Yobit allows this funds solely for credit purposes to other traders over the exchange so there is no risk of transferring this money out of yobit's jurisdiction. I found it as a good way to earn money. But I think you are a bit wrong with calculation. It would be 0.03 a month not 0.3. |
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when i use google which this word "bitcoin price usd" find price and when use other exchange site price change
When you use google it is generally showing the price quoted by coinmarketcap or coingecko. Which is the average price of every token from all the top exchanges. It varies from exchange to exchange because of different demands and supplies over different exchanges. Moreover the amount of altcoins listed on that exchange. For example if an exchange has more altcoins. People want to buy altcoin by selling btc. They would be willing to sell btc at a lower price too. This is applicable vice versa too. |
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In five years time, fiat currencies are no longer going to have any use as cryptocurrencies replace them. That’s according to venture capital investor Tim Draper.
At the WebSummit conference in Lisbon, Portugal, Draper was speaking with Forbes. Expressing his views on where he sees the digital currency market, he said:
In five years, if you try to use fiat currency they will laugh at you. Bitcoin and other cryptocurriences will be so relevant … there will be no reason to have the fiat currencies.
It is reality!
I am in absolute disagreement with him. I think he will be the one at whom people are going to mock after some 5 years. Cryptos are just too inefficient to be used as prime method of settlement. Problems begin with transaction fees and end at transactions times. Who is going to wait for around 3 hours while making a deal to ensure that they have received their bitcoin. Moreover I am still not taking into account problems like deflation and lack of control on supply in Economy. Moreover Illiteracy rate around the world is still around 80%. What are the remaining 20% people going to use? |
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 its really a shoking news ,now we could go to jail for using any crypto currency and its just a retard decision knowing that its comming from the same country who kept boasting about launching their first satelite and being a future proof country... anyways for anyone comming to morocco be careful ,the prisons here are already crouded . Their regret is valid. Morocco is on its phase to development and can be termed as a developing economy. So if there is a constant use of bitcoin in their economy. Their currency would certainly get devalued. This would stop their inflation and reduce the pace of economic development. Moreover bitcoin makes it easy for people to evade taxes. Therefore, a small state without enough taxes would surely not prosper. This has provoked Govt. to take some strict steps against Cryptocurrency. |
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the maximum numbers of bitcoin is 21million pieces and all bitcoin has been mined! bitcoin now is just circulating on the market and most of it are stored in many peoples wallet ! thats why bitcoin is so votality and have more demand than supply!
What makes you think that all the bitcoins have been mined? Miners are called with this term because they are still mining. People are still mining bitcoins and there is no chance that all the bitcoins will be mined in next 100 years or so. But yes we can say that the pace of mining is too slow than it was around 5 years ago. |
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Is there a fixed supply of bitcoins around the wolrd or is it printable like $?
Yes there is a fixed supply of bitcoin which is 21 Million coins which is not a feature available in dollars. Dollars minted in millions or billions every year which make it an inflationary currency. And no its not printable. I mean printing is required for something that does not exists in real. Like the dollars which are merely a promise by federal bank. Bitcoin is stored in blockchain so does not requires any other proof of its existence. |
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I have realized that almost every body is anti government when it comes to bitcoin and be decentralized or not being controlled by government.  No one here is anti-government. But yes the idea of bitcoin itself is quite anti-government. People here just want to be the real owner of their money and dont want to give up any share out of their money to someone. But what they don't realize is that instead of any national government we have a set of miners here to whom we actually end up paying taxes(or fees). So its nothing called anti-government in bitcoin too. |
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Redownload the installer... it seems that the copy you have downloaded is incomplete or corrupted. For reference, the "bitcoin-0.15.1-win64-setup.exe" I downloaded from bitcoin.org ( https://bitcoin.org/bin/bitcoin-core-0.15.1/bitcoin-0.15.1-win64-setup.exe) is 14,325,736 bytes Right-click the .exe and select "Properties" and see what the size is... if it is less than that, your download was incomplete/corrupted. Don't go by exact byte size, im sure an smart attacker could make an exactly same-sized file that is not the real bitcoin core installer file, so you should always resort to doing a checksum verify of the hashes of the files as provided here: ( https://bitcoin.org/bin/bitcoin-core-0.15.1/SHA256SUMS.asc) download this file and then download 7zip or some other program to check the sha256 sums and guarantee they are the same. Well completely agree with what you say. But there are almost nil chances of any such suspicious activity if the installer was downloaded directly from the bitcointalk.org link. Moreover I have usually seen that such trojans inserted in the installer files are quite easily detected by Antiviruses too. I mean if one has a pretty decent amount of common sense. But yes do check the digital signature as it surely authenticates the copy. |
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What's the best option for hardware wallet?
Options are:
Trezor
Ledger Nano S
Keepkey
What do people recommend. Any other options aside from those?
I perosnally use Ledger Nano S. I would certainly recommend it because its quite affordable than rest of the options and provide you with a quite high level of security. Also it can even store a few altcoins which makes it even better to use. |
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I recently sent BTC from my account at local bitcoins to my KeepKey wallet. Unfortunately I sent it to a BCH account. I own the address that it was sent to. What should I do to recover the BTC?
Get the private key out for that address and import it into a wallet such as electroncash[1] in order to be able to recover it. 1. https://electroncash.org/#downldRead again. OP said that he sent BTC to a BCH address, and not the other way around. Electron Cash is a Electrum fork for Bitcoin Cash. You can't see or spend Bitcoins with it. OP: download Electrum[1], and when creating your wallet choose: Standard Wallet -> Use publir or private keys -> Paste your private key and click Next. Send your Bitcoins to your correct address and it's done. [1] https://electrum.org/But I am not quite sure that local bitcoins provide you with the private key of your wallet if this is the case I think OP might certainly be in a problem and you must contact local bitcoins support. I am not quite sure about this. |
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Its not at all a sound strategy by government. We have to accept the fact that we will have to pay taxes even if we shift to bitcoin. Without tax no one is going to take responsibility of providing public welfare services. So unless you we are planning to live in complete overshadowing without ever revealing our real identities there are low chances that we can evade tax. If every country adopts such policy miners would surely have to find some no man's land. |
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Hi guys,
Just came back from posting in bitcointalk.org, was wondering why Bitcoins price suddenly skyrockted ?
Thanks in advance for the answer...
Entrance of new people. 2017 has witnessed a lot of new people entering the crypto-world. Not only do these people want to know about bitcoin but are also willing to invest their sums. Even coinbase wrote an article on blog regarding the record increase in number of users of their wallet. Along with this the recent forks cancellations have provided bitcoin more support from people who were earlier in favor of bitcoin fork segwit2x. So cumulative of these factors have made BTC soar quite a bit. |
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Is this the moon? Can it still go forward in such a short amount of time?
Btc has already surpassed moon quite long ago. Its now heading towards mars I think. It will go forward for sure but steadily and stiffly. We might face a few lows and highs but in the end btc will win the race and climb mars. I know it was too poetic😛 but surely it will climb alot. 8000 is just a milestone. |
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so i get this email from qoinpro support, i want to ask, this is real ? whats te point though, meh im confused maybe the real bitcoin only have 21million suply but with all this fork coming, i dunno man Bitcoin Diamond (BCD) fork coming in ~7 days - around November 25, 2017 What is Bitcoin Diamond? Bitcoin Diamond is a friendly dividend hard-fork of Bitcoin that is scheduled to happen at block #495,866 (around November 25, 2017). QoinPro will support this new asset under the symbol BCD. The focus of the coin is on privacy, fast transaction time and cheaper transaction costs. More information can be found on their website at: http://www.btcd.io/ Other Asset Names Other wallets / exchanges might refer to this fork/asset as BTCD, however this is a coin called BitcoinDark already using this symbol. We will use BCD for Bitcoin Diamond. When should I deposit the Bitcoin? As soon as possible, and no later than bock #495,866 (November 25, 2017). BCD claims are all handled at the same time on November 25, 2017. There is no minimum and there is no maximum. However, if you are going to deposit more than 10 BTC, please let us know in advance. How much does Bitcoin Diamond cost? Obtaining Bitcoin Diamond through a Bitcoin based claim is free-of-charge, simply deposit your Bitcoin. For example if you have 2.7 Bitcoin before the fork, you will have 2.7 Bitcoin and 2.7 Bitcoin Diamond after the fork. When are claims processed? November 25, 2017, within 24 hours after the fork. How can I claim my Bitcoin Diamond When the fork happens, simply make sure you have the BTC in your QoinPro Bitcoin wallet before block #495,866 (November 25). You don't have to do anything else, we will automatically credit your BCD wallet after the fork, on November 25. If you have 2.7 Bitcoin before the fork, you will have 2.7 Bitcoin and 2.7 Bitcoin Diamond after the fork. When can I withdraw my BTC and BCD? Withdrawing Bitcoin will be possible from 1 day after the fork (~November 26, 2017), Bitcoin Diamond can be withdrawn as soon as the BCD team has released a wallet with replay protection. What is the minimum or maximum I can deposit/claim? There is no minimum or maximum amount you can deposit. However if you deposit more than 10 BTC equivalent, please let us know in advance. Any questions? If you have any questions, please contact us at support@qoinpro.com. Haha waiting eagerly for bitcoin silver, bronze, iron, steel, mercury, plastic or who knows paper? These are just some shit forks done by anyone around the world. Unless any fork doesn't gets support from the core team that is actually not a fork just another shit coin. |
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