right now the best investment option is to buy altcoins that are either low or on the rise. i have a couple of them that are low in my mind but not sure about them yet. but the coin on the rise is Litecoin and it is showing a lot of promise like the previous pumps. and by the time i am writing this litecoin is in a dip making it a good entry price.
other than that i say stay away from ICOs that most people suggest these days, they are highly risky and full of scams.
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Do you think it is the chinese that wants the segwit more or is it the chinese just arranging the price pump? Or is it both?
it could have been a joke before but not anymore the percentage of support has been rising pretty nicely and it is 63.19% right now. i think miners have made some serious plans and as you know litecoin is not so much different from bitcoin which means this may even be a test on litecoin to then move on to bitcoin afterwards. and this is F2Pool we are talking about, one of the bigger mining pools for both litecoin and bitcoin and it is signaling Segwit support. anyways, lets enjoy the ride and make some good profit
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someone who starts a pumping group thinks of his own profit before anything else and that means you are just paying him the money he uses to buy altcoins and then tell you to buy them too. and that is a win-win situation for the pumper. if you fall for it and pay and then buy he is just making profit with the money he didn't have. if you can't trade on your own it is best not trade at all. although free tips are always appreciated
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if they can get the privacy part of it right and don't lead to many privacy concerns and then if it introduces more people to bitcoin i think this can be a good thing. all the shady stuff apart, this has been a nice advertisement for bitcoin so far. specially with the tweet about $2000 and rise.
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Don't invest anywhere who promises you enormous profit in very short time, ponzi scheems ans so called easy money in general. I would also avoid gambling. Although it might look tempting it's very easy to lose money then to,earn it. Good choice could be altcoin trading, lending on Poloniex and investing in shares.
to me i think the best opiton is to hold bitcoin and not to invest it anywhere. i think by holding bitcoin we can get a got a good profit as there are more chances that bitcoin price will increase in next few moths. the prices of Bitcoin is very stable now. Moreover, I have not heard any good news of Bitcoin. Bitcoin blocksize is still an important issue which can not be solved yet and there are many arguments about this issue. You can not invest, but this will not increase the number of bitcoins. And you can try to choose a reliable project. I invested in MLM. Once I bought a certificate and I can sell it to many people that is not such a good plan though. anything that is shady and scammy is considered a high risk move. because you never know when that place is going to close down and run away and one time is enough to make you bankrupt by losing all your investment money. there are legit businesses like casinos and also there are better ways like trading, why not try those with much less risk?
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Development has picked up,
development never stopped and that is one of the main things i like about Litecoin. Buy litecoin and hold before 2017 starts. Good things come to those who wait!
good call though. although it was way too early (3-4 months) to call on the rise but you were right sir. $20 LTC by December 2017 - 500% profit if you get in now
seems like this one is happening a lot sooner i am honestly speculating for $50 at the very least, specially since all the other altcoins are dropping hard and all the money is flying into litecoin now. Eth shills nowhere to be seen since their overvalued shitcoin is dying haha, this is so funny how this comment still applies. ETH is dying and now litecoin is going up. as i said all the money is getting out of there and coming in litecoin. p.s. i wonder why this clown is not around anymore, i think he was finally banned for changing his mind every week
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The price is increasing every day. It is stupid to wait. You either believe in bitcoin or you don't. If you believe you buy. Yes it is that simple.
it is pretty simple if people use their own brain! but when they start coming online, reading what others say and start reading the FUD then things become pretty complicated pretty fast.
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What happened?
it was litecoin's turn to get pumped to the moon. and it was a long overdue pump for it. you can't always pump other coins, if you do nobody will come to those coins anymore and besides after you pump, you should dump, and while others are dumping you pump another coin and make another 1000% profit and go to next one.
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this is why you don't ever keep altcoins for long term. you always invest in them for a short term investment otherwise this is what you get out of them, DUMP!
but for short term they are very good, you can expect big profits. and yeah there are lots of spam from bagholders wanting to show their altcoin as a good one so that more people come buy their sell orders! we need to learn to dump before they do to get our profit out.
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As stated in the title, is it possible?
short answer is yes, it is possible. but the question you should be asking is how as we have all been seeing in the past few weeks, altcoins have proven once again that they are pump and dump coins and this means two things for two different sets of people: 1) big profit 2) big loss. if you can be in the first group you can make a good profit. for example as we all saw ETH and Dash were pumped a couple of thousand percents and for those who got in early they got a lot of profit (group 1) but for those who got in late they could only catch the dumping part and are constantly losing money each day (group 2). if you learn to use this pump and dump and learn to move on not get stuck in one coin then you can make that $100 to $100,000 in no time.
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Ethereum is backed by big banking so basically their team has an open checkbook, which in turn brings the best of the best to their technical team. This all but ensures a minimum acceptable price as well. If ETH was really cryptotocurrency and not a business, there would be no ETC, only ETH. $10-20 ETH.
it is a very good point but your mistake is thinking their money will be spent on bring good team and making it something worthwhile! what really happens is that the bankers and the rich people behind ethereum do not care about anything regarding this altcoin. they only care about their money and how they can multiply it. as we have been seeing so far they do anything to keep it afloat and pump it higher, from spam advertising campaigns all over the internet to paying news sites to publish fake news and bashing bitcoin.
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the Chinese news is old stuff and more importantly i don't think the timing of it is right. if it were any other time there may have been some effects and price tanking but now is the time for rise, specially with the altcoin pumps nearing an end a lot of money is coming back into bitcoin these days. It isn't old stuff - it is unresolved stuff. Suppose they decide not to permit withdrawls after all. What happens to those coins? Do they get auctioned off? Do the exchanges keep them? Do they get suddenly dumped on the western exchanges by shady characters? who cares, the Chinese don't matter as much as they did back in the days. we all know very well that the volume they have been reporting has been very fake and besides all those Chinese that mattered (the whales and good traders) left the exchanges in that initial timeframe where withdrawals were still possible. now they are all doing their trades elsewhere. such as on localbitcoins and wester exchanges.
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I think ETH will be even bigger, price just started to grow, so you should keep it another month or two in your dreams my friend, in your dreams. the price has been in a bubble and bubbles always burst. the burst in a big hyped up market such as etherum which has lots of manipulator whales will be slow and with a lot of dead cat bounces but it will go down. if you start thinking it is recovering and going up that is when you lose money. p.s. another 7.5% drop today!
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I earn in trading but no fixed income in trading. Its very hard what coin pump or dump. I earn weekly but every week my income in trading is not di same. Trading is risky yes but if you want to trade you can do a research before buying altcoin to make sure the coin have potential or not. If you do this trading is less risky. Other trader will not do research so the reult is failed.
No fixed income in trading it's because the price of Bitcoin or altcoin is very volatile. But I usually get income 30-50% in a month from my capital. Yeah we must choose the coins which have potential to trade. well with how trading works you can actually consider the 30-50% profit as a fixed income as long as you are making that much each month. it is obviously impossible to make a completely fixed amount each month with trading and any other type of investment that has volatility and unpredictability in it. p.s. hodling bitcoin for long term can also be a fixed profit (income) as the price will rise in the long term.
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Won't activate, f2pool is not enough. It will end with about 60% support, because about 40% of total hashrate is owned by pools that don't signal segwit. See here: https://www.litecoinpool.org/poolsSegWit activation on litecoin needs 70 or 75% and most pools and miners are waiting to see other big ones start supporting then join in and i am sure as soon as it passes 51% many new ones will start signaling SegWit and the activation will happen faster than you may think. anyways i am glad to see F2Pool making their minds.
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look the money where on dash, now dash is dumped of half of what the peak was and bitcoin is increasing near $1100+, but on the other hand all the other alt are retaining their increase, like lbry decred ethereum, i'm fairly certain new investors are in altcoin, but only in gpu coin not asic altcoin like dash
all of them are constantly dropping and that has always been the end result of a pump. when people only buy something (an altcoin) just to make profit they exit it to take that profit out. so far the Dash has the biggest drop since it has the bigger and first rise and all the other are following eth is constantly dropping -5% at a time and decreed has recently pumped so the drop is slow now. and no i doubt anybody new is investing in altcoin, it is the old pumpers and all the old traders.
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the Chinese news is old stuff and more importantly i don't think the timing of it is right. if it were any other time there may have been some effects and price tanking but now is the time for rise, specially with the altcoin pumps nearing an end a lot of money is coming back into bitcoin these days.
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The Code. if you can read the code and understand it then there is nothing else that matters. just go to their Github repo and start reading the code and see what is it that they are exactly offering and claim it to be new. and then check to see if these features are really implemented properly or not. but if you are looking for profit (like the rest of us) then all of that is pointless because no amount of good code, features, developers, white paper, etc can compete with pump and dumps and the profit earned from them. look at ETH and you'll see what i mean, a coin with a bad code but a good profit only when it is being pumped
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I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?
I think it's still worth it because there are movements although it was slow to be honest I'm not interested in bitcoin trading today and more focus to altcoin because moves fast well it is different times different methods kind of thing. generally speaking bitcoin is the only worthwhile investment with low risk and high reward because of the real potential it has. but there are times each year that altcoins start moving a lot and that means it is a good time to invest in them but only for short term during their pump time because other times you will be losing money. so yeah, at times like this you go in altcoins, make the profit and get out before they start going down.
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the $50 will come down to the Chinese and how they will perform in the following days. it has always been like this. remember the LTC halving pump? liteocin was on a good path up and suddenly someone over in China let lose of the bags on the market and crushed the price as if they don't know why a slow sell to get most profit means! but so far we are good and the rise seems to be starting. hope to see LTC go higher, it really deserves it more than the rest of them.
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