There are no banks who accept bitcoin, but with the majority of banks you can withdraw money to an exchange and buy bitcoin.  No banks wanting to accept digital currency, bank is fiat/physical money based to keep in their vault. i think if bitcoin create physical paper/coin money banks will start adopting bitcoin for deposit and withdraw. No you are quite far from the truth - paper money or not cannot be the reason any bank would want to accept Bitcoin as deposit. Regular banking activities revolves around centralization, which is the exact opposite of the decentralization that Bitcoin represents, so such a marriage just won't work, if it does, then certainly it won't be Bitcoin anymore, but a different coin altogether. |
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Lol,I'm always fascinated by such claims-how can you exactly regulate BTC-like how exactly will you find a way to regulate it because in my mind it's really hard to find a way to do it-BTC isn't something you can control-or at least not to a such big level.All these claims for me are just attempts to somehow bring BTC down.
Once again China have demonstrated its Communist tendencies, but it is unfortunate Bitcoin is not subject to the territorial integrity of China. This is how they unwittingly undo thenselves and relinguish the little grasp they maneuvred and held on Bitcoin. In recent times, Japanese exchanges have been recording increase in volume of transaction and I see it getting huge from now on. Bitcoin is like air, don't bother to control it, because it goes wherever it would. |
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what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
What on earth do you think is capable of paralyzing the entire internet? Have you never heard that the internet was structured and developed with catastrophic situations as nuclear bomb attack in mind? It isn't a good sight when seniors here are the ones groping in the dark instead of shinning on the light for all, especially the newbies to see. |
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you analys in market only use support and demand
this mean use resistance price and support price, so how you can get analys bitcoin price trend
Your question isn't clear, but if you're asking to know the trend of the market amidst support and resistance levels, first you may want to assert you are actually dealing with the main support and resistance levels, because it is their break or not that determines if a change in trend has taken place or if the current trend still persists. Question is, would you know a major support or resistance level, when you are looking at one  |
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many sites are open to invest in bitcoin,but many are deceptive,Ponzi wait 48 hours has become a double.
I've done more than 10 times,and not all back,40% scam,bitcoin I would not go back.
so be careful if you want to invest with bitcoin
All those sites which you have mentioned are HYIPs/Ponzi sites. Not surprised if you got scammed by them, it's not 40% scam, but i can say those all 100% scam. When you get your money back from them, they want you to invest more and more in their site. Just avoid any kind of site which offering such huge payout in short time (i.e double your money in 48 hours). Invest in any HYIP or Ponzi sites is very risky. For first, maybe they'll make us have some profit from their site, their purpose is that we are hooked and then they trap us to invest again by a larger amount than the first. I don't know if to call it ignorance or greedy that makes people see a sinking vessel and go ahead to mount it! It goes without saying that there are no known businesses that can support the outrageous rates we see many programs online putting forward and that is a red flag not to commit one's hard earned money on them. On the contrary, these businesses have been thriving online, because most newbies are gullible and too lazy to go the distance in learning the ropes. |
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OP, you should always keep in mind that most of the altcoin traders are amateurs and self thought traders. They make the mistakes of amateurs always make like the one you witnessed. He made a market order without any regard on the liquidity of the market.
It happened to me sometime, a transaction was on hold and I needed to make the exchange as quick as possible, so on getting to the exchange, I simply went along with the previous rate I had checked with, only to discover much later that the price changed in between the time. So it can be an oversight or an outright ploy to force price down, so they can buy back at cheaper rates. |
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I always hold when trading altcoin, what I do is play longterm because it is better than fast trader, clay few coins in polo or bittrex lot of that increase is almost 500%, play longterm today are very nice, but we do not know how long we hold the coin, the point must be very patient
Apart from being patient, another trait required here would be to select the best altcoin, how do you go about it? Do you go with the top in marketcap or do you go with the new ones that can be bought very cheaply and hence result out in bigger profits? If you must buy and hold altcoins, better to stay with the ones occupying the top positions, because they earned the position and their huge market capitalization is an indication of availability of liquidity, so one can be confident about finding lots of buyers and sellers at all times. As for the altcoins with very cheap rates, care must be taken not to get stuck with worthless coins and there are many worthless altcoins out there. |
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Some lil tips from well experienced trader: buy low, say high.
All the rest will come along through time.
That is an ideal situation of how trading ought to be, but the crux of the matter is with how to recognize a low price for buying and a high price good enough for selling? The books and other resource materials would do their bit in empowering newbie to trade, but to become a better and profitable trader, one has to spend quality time putting what they have learn to practice in live trade, only then does lot of things become clearer for a trader and that takes some time and not learn today and become an expert tomorrow. |
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Cryptocurrency trading isn’t easy, but there are many people who have honed the art of trading bitcoins and altcoins on a daily basis.
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
Bots is good if it is developed according to the traders trading strategy. Why many traders who go for bot always abandon the bots and revert back to their human trading is because the bots is not developed according to their strategies and this makes them make losses. Yes bots cannot analyze the market very well so there is a high chance for them to loss money because bots just have a program with a certain strategy unlike in manual trading you can choose different and apply those strategies in yourself and get a higher chance of earning enough profits. Manual trading is still the best until now because the market is getting more complicated and a bot cannot handle that. If your bot is unable to properly analyze the market, it is not because bots in general are unable to analyze market data, but simply because either you or the coder did a poor job. The saying that,"Garbage in, garbage out still holds here. The real problem traders have with bots is their inability to come up with bots that can do exactly what they want them to do and funny enough most traders buy and deploy bots even without a good understanding of the algorithm the bot runs on. |
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Mine is very simple. Buy when stable low price point is visible. And sell in volatile rallies . Or just hold long term for investment purposes. And yes I was able to make profits.
Same, since I was not a professional trader. I am only like guessing. Basing from the movement in the price. I am based on the buy and sell wall, If I can see that there are huge buy wall, then I add 1 sat with that. then when I have the coin. I am now looking at the sell wall. Then I subtract 1 sat with that. meaning I am only into the buy/sell wall. Usually I consider that a wall if the price before it reaches my bid/ask is 1BTC. Luckily, I am earning from that strategy and Im comfortable using that since I've started learning trading. I think you can do much better by taking most of the guess work out of your trading equation by embracing some proven and tested indicators especially those ones that tends to highlight good entry and exit prices. Do you know of any of such indicators, if not simply ask, the wheels have already been invented long ago, no need trying to invent another wheel or enhance inefficiency by ignoring it These wheels may take you where you may not want to be The "proven" indicators you refer to are just moving your guesswork to some algo, but the end result will be essentially the same, if not worse. On the other hand, though, when you fail with one indicator, you can blame it (instead of yourself), and start moving through various other indicators with basically the same outcome, i.e. money wasted and capital lost An unaided eye is largely at a loss what's going on in the market, but the introduction of some market indicators can paint a clear and brighter picture of market goings-on, thereby serving its purpose as a resource material any trader can use in reaching their trading decisions. Problem most traders encounter with indicators is that many turn around to see indicators as crystal balls instead of milestones. By the way, one is already damned for daring to put to use a tool he/she knows next to nothing about how they work! |
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Reading this thread makes an impression that 90% of posts are coming from professionals capable of making huge profits without any automation! I wonder why the same people advertise in their signs and avatars...  Could you name a few? Well if you think the traders can make huge profit with trading bot you are wrong I don't think so, and I'm for stable little incomes (that are in fact easier to achieve with automation). It's only that majority states that they can trade better than bots, but never actually tried and don't have any practical experiences with Not all bots are born equal If you are using a simple strategy like Ping-Pong which comes down to placing opposite orders (and which you seem to refer to here), a bot will help you greatly since manual order placing and more so price tracking can be dull and boring. Such a bot will certainly make your life easier. On the other hand, if you are catching abrupt price moves which happen within a couple of seconds, a bot will be indispensable since you simply won't be able to react quick enough. You could place orders manually beforehand, of course, but you can't withdraw them fast enough when you see that there is going to be a genuine crash (a bot could trace price movements at a few exchanges at once and cancel such orders in half a jiffy) Bottom line is that a bot does no magic except that it has been coded to do especially as they could not have been based on A.I. Which goes to highlight the point that if a trader can come up with a strategy that works manually, then nothing prevents same strategy from working as a bot except something amiss with the coding. That highlights the fact that a bot is meant to serve as an assistant not a replacement and can efficiently perform the role of monitoring the market 24/7, carrying out specific functions given to it. Before anyone jumps to conclusion that bots are waste of time and resources,they might want to ponder why institutional investors and banks are sparing no expense in producing expert systems that manages their forex trade or if it works with forex, what stops it from working with cryptocurrencies? |
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one year is enough for us to hold our Bitcoin. You can sell it and start another holding process by buying Bitcoin when the price is cheap. Many people have succeeded with this way and I doubt that you can fail. Only hold Bitcoin in more than 5 years when you have a good capital.
Let's say you bought 1 BTC last january 2014, you would have paid around 620€. One year after, your BTC dropped to less than 200€, not a good deal ! Point is that you only lose when you sell your coins at a price lower than where you bought them at. If you don't sell you don't lose anything. If you know what you do, then in your given example the best option would be to use that €200 price to start buying as many coins as possible to average down the buying price of your initial investment. Only noobs cash out their coins with such insane losses as result.... That scenario is a pointer to the fact that long term Bitcoin investment is not necessarily determined by length of time, but by the positive difference between the current price and price at the time of purchase. Evidently the technology is still evolving and the right thing to do is not to conclude all too soon what the future holds for something that is still taking shape. To that effect, following the developments in the market and the industry would serve as better guide to what decisions an investor takes. |
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..Gambling there is no second chance..
Such a one way street, that is why you don't move on this road the way you would on other roads. Second chance is a healthy thing to look forward to, because first chance can so easily be messed up and if there are no second chance or provision for it, then it is hard life. Think that is why people should not look beyond the saying that gambling is a form of entertainment,. when we're out for money making, then trading should be it. |
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This works 100% since I am doing it for a long time now, with other methods, for example arbitrage betting, i'm doing that as well. No risk for your money since you will completely control it.
There is no anything that will violate any rules, no rigging of matches, no exploits or anything blackhat.
Yahoo already disclosed some, but that is okay i guess, you can start from min. Amount of 0.4 btc to do this, but as yahoo said, if you have 1100$, you can meet the rollover fast, its safe to say, that you will get 0.13 btc on more or less 8 hours only.
This is just the first tip, so when you subscribe, after doing this and you made profit, you will make a profit a lot more.
I have some idea about how matched betting works only I never gave it some time because of payment methods opened to me back then, but with Bitcoin, I think the road is now straight. That must be the method OP is working with, if it works 100% regardless of the outcome of an event. Since you already have everything packaged, I think no need reinventing the wheel, but why the amount of 0.40 BTC, are you suggesting it cannot be done with lesser amounts? |
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Last week payment received, thanks Ethan-nx, m0gliE and all the team at YoloDice!
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That is a move in the right direction from Mexico and interestingly it is coming at a time when the U.S. plan to clamp on remittances going out of the U.S. to Mexico. The proposal for the exchange not to lend client's funds is a welcome development that could further the adoption of Bitcoin and separate them from the traditional bank.
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the thing about trading cryptocurrencies that you need to know is that, this market is not like Forex, it is small and manipulating it is so much easier. in bitcoin we keep seeing techniques of manipulation and FUD which leads to high fluctuations, sometimes unpredictable.
when it comes to altcoins the situation becomes even worse. the real manipulation is there. specially with coins that have a big premine.
all the things you know, such as reading the charts and analysis are good but sometimes knowing the news is more important.
Utimately you will find same things and even much more in forex trade, because it is more capitalized and advanced. FUD is equally found there and the big banks do get to manipulate the market too. Only major disadvantage of altcoin is that their low liquidity would not make for real market dynamics to hold sway. You are actually better off having a good grinding in forex trade as it is sure to illuminate your path in cryptocurrency trading. |
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Here everyone knows that the currently the price of the Bitcoin at the peak of the sky . But due to the increase of the price the price of less famouse altcoins are became down . So here is a better chance to buy some altcoins? What is your thoughts about this guy's ? Share your thoughts  Yes the price of bitcoin now is increasing and it's now the best time to buy some alt coins, take the advantage of it for buying at lower price. Because if you had bought some bitcoin at lower price then it's now the payback time and just keep on with the flow. And just do the same thing with the cycle. Because if you don't take the chance of buying some alt now. Then just you are just wasting some of your precious time for it. No it isn't! It is almost past the right time to buy couple of altcoins now. Remember the surge in price of most altcoin came in the heels of the drop in the price of Bitcoin as a result of the hard fork tussle. Now that the run away soldiers of Bitcoin are coming home, we can expect the altcoin cruise - boat to be headed for the dock. |
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Mine is very simple. Buy when stable low price point is visible. And sell in volatile rallies . Or just hold long term for investment purposes. And yes I was able to make profits.
Same, since I was not a professional trader. I am only like guessing. Basing from the movement in the price. I am based on the buy and sell wall, If I can see that there are huge buy wall, then I add 1 sat with that. then when I have the coin. I am now looking at the sell wall. Then I subtract 1 sat with that. meaning I am only into the buy/sell wall. Usually I consider that a wall if the price before it reaches my bid/ask is 1BTC. Luckily, I am earning from that strategy and Im comfortable using that since I've started learning trading. I think you can do much better by taking most of the guess work out of your trading equation by embracing some proven and tested indicators especially those ones that tends to highlight good entry and exit prices. Do you know of any of such indicators, if not simply ask, the wheels have already been invented long ago, no need trying to invent another wheel or enhance inefficiency by ignoring it. |
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The mistakes I made while trading in my early days were 1) entering the coin at peak prices
2)panic selling
3)trusting some shitcoins without proper analysis
4)not maintaining strict stoploss
It happened to even the best of traders today, but the point is to learn the lessons and move on. Some people never get to get over their initial mistakes, because they give them room to fester their minds, like the ones here eagerly drawing conclusion that trading and gambling are one and same. A fact of life is that any road without obstacles, obviously leads to nowhere. |
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