I was looking at the price history of the top 50 coins and they all seem to have very similar price charts. They all seem to have spiked up the first half of this year even if they have been around for several years. My question is what caused all these altcoins to surge up in value so much?
The most simple explanation is that there were many new investors willing to put their money not only in bitcoin but also in ETH and the other altcoins, so all the coins pumped simply because it was impossible for them to not pump with the amount of money in the market. |
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Every coin at the moment is losing value, so I do not think that this is the right moment to look for coins that are going to pump at the moment you should look for a way to avoid losing as much value due to the current dump in the market cap. |
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Hey Bitcoiners? I'm desperate to start earning BTC
I'll do any kind of online activity as long as there's a Bitcoin payment. Where do I start?
The easiest way to being is doing faucets, but the problem with faucets at the time is that they do not pay a lot of money so you are probably going to waste a lot of time trying to collect enough bitcoin and then the fees are going to eat most of your earnings. |
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So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?
It is better to teach them about saving with something they do understand than to try to use bitcoin for it, use cash instead, for example you could give them a dollar and tell to them that if they keep it for a week you are going to give them another dollar. |
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I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years???
Will I be rich??
Will I have lost all the money??
Will I have just make a few extra dollars??
Would you do it??
It is better to say that you are going to leave alone your coins than to say you are going to forget about them because some people have in fact forgot about their coins and they lost a lot of money that way. |
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It looks like all altcoins dump 10-20%. What is the reason?  I am very sad  Because it was impossible to maintain the price any longer, the price increase has been nothing but incredible in the last months so some people have decided it was finally the time to cash out their money and consolidate their profits. |
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Boxing hands down, the excitement of watching a fight is only increased by making a bet on the fight that way I’m even more involved in the result of the fight than what I will be otherwise.
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im sure most folks will be sitting here saying "look at this guy trying to pump his coin/bag" and mabye you are BUT at least you have tried to back it up with info and links unlike most
its definitely an interesting pov you put forward, scholl!! as the vikings used to say
At least he put some effort into it unlike most people that just post buy this coin because I say so, the project has potential, but it is not really a thing that I would invest on. |
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We have a lot of coins in stock currently on sale only for a couple of days this summer, but get them while they are hot as stock is strictly limited. Fill your bags.
Sarcasm aside, the price of bitcoin has not dropped enough but I think we could see lower prices for bitcoin and if that happens I think it could be a good opportunity to buy bitcoin before August 1. |
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its amazing brother you just earned 1 btc from 1 night , Then what about upcoming nights your earning will be same or changed
can i ask the website name from which you earned 1 btc from 1 night ,
It is unlikely that a performance like that can be repeated in a daily basis, it was something that will only happen every once in a while and we must be happy with the experience but we must not assume we can do that everyday. |
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There is no way to prevent uneven bitcoin distribution.
In the end when Bitcoin will turn out to be a legit, true and successful asset then rich FIAT holders simply liquidate their fiat positions in favour of BTC.
Nothing will really change, rich will be richer and poor wouldn't still be able to afford to buy enough BTC to change their life.
What bitcoin brought to the scene is more people, mainly early adopters, who will be extremely rich in the future.
There will always be an uneven distribution of money and as robots and technologies that replace human labor become even more common then the gap between those that can get those machines and services and those that do not will only become bigger. |
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As long as there is no believable "Satoshi Nakamoto" claim out there, all we can do is speculate of who he/she really is. We will never know who he is, and I think we are better off that way, if we knew who he is then the media will crucify him in an attempt to bring down bitcoin that way, if I remember correctly that is a strategy many use, they critique the inventor to try to make it appear the invention itself suffers from the same problems. |
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This is amazing news BETKING is back and their back with their own coin, I will keep a close eye on the project since it seem this could be an extremely good opportunity.
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It is obvious that they really want to bring back the "glory" days of Ethereum. But sad to say the price fell so hard after enjoying a ATH and now its just above $240. And yeah, the so called Flippening that was so much hype didn't happened? Why? Because it is still alt-coin and bitcoin can take anyone for those who want to challenge its supremacy. Ethereum will not die because there are still ICO that is popping here and there, but I think it can't bring back the luster once it had a few months ago. And for those who are still trap, being exit now otherwise, you will be trap forever and most probably lost everything.
There were people that thought ETH will surpass bitcoin in market cap, maybe that could happen in a date in the future but even if bitcoin has a lower dominance the truth is we are headed to regain some of that dominance with the activation of segwit. |
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If you were to actually go ahead and read this entire thing you'd see that everyone who uses these cryptocurrencies are now going to be under the view of them the government and open to regulation, this isn't something that we want in the least. I'd rather be in a gray area when it comes to where my business is rather then them being able to just go right ahead and tax my crypto and my business into oblivion.
They even made a cryptocurrency / digital currency task force which is simply going to be able to impose regulations on us, this is a horrible day for us.
The fact they created that task force, does not mean they are going to succeed, governments can create as many regulations as they like but that does not mean they will be able to track the users, I do not know the policies of exchanges in South Korea but I guess someone could take the right precautions to avoid disclosing your identity. |
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I think that for storing such a large volume of Bitcoins, the only safe option is multiple hardware wallets. But I am not that familiar with hardware wallets either. I know that they can't be hacked. But is it possible to store the backups in multiple locations? What will happen if the hardware gets corrupted?
If you have the seed then I guess you are fine, you could create several backups of the seed, encrypt them and then you keep your encryption key under your control that way no one but you can access to your seed. |
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Too early to say, at this point everything s speculation since we don’t have solid news about what this is all about so the only thing to do is to keep as doing we have and wait if anything comes out of this.
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Bitcoin can make you rich, but do not forget about the surrounding people. After all, one day you can swap places with them.
Rich people that are responsible with their money are never going to become poor, since they can afford to make mistakes we can’t and still be on a very good financial position, so what you say is unlikely for people like that. |
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Hello my friends.
Is that safe to buy a used hardware wallet like Ledger Nano S or Trezor .
Is there any danger to use a second hand hardware wallet ?
Even if it is safe, why risk it? Would you risk putting your money into other person bank account? Of course not, if you cannot afford a hardware wallet then wait until you can, it is a waste of money to buy a hardware wallet and store there a small amount of bitcoin. |
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I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.
This is the analisis I made:
On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd
On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd
On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd
Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD
That is amazing.
I wonder what are the new rich people doing right know? have they realised that they are rich yet.
In just two years the amount of bitcoin needed to get to the million dollars mark got 90% lower at this rate it will not be long that instead of needing 400BTC you will need 40BTC and that amount is very achievable if you work hard towards that goal. |
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