Holy Moly, looks like BTC ate it's wheaties this morning! I just checked, and it was $5400+. I can't help to think that some of this is being caused by the upcoming fork. It'll be interesting to watch and see if people start dumping not too long after the split, causing the price to plummet. Regardless of what happens over the next few weeks, BTC is just going to continue to climb over the long run.  Most of the price rising is due to the upcoming forks. It's bad for altcoins short-term but in the long run some of that money will transfer over to altcoins. Alt coins should see a nice pump after the second fork is over. altcoin is obliged to be patient because bitcoin will face a big party, I think btc will be able to add 2 times from the previous price range of $ 4000. Everyone has dreamed of getting Bitcoingold for free without ever thinking that hardfork can also fail in improving system. I also included a happy person ahead of the second hardfork and sold almost half the altcoin I had just for btc. |
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Buy ETH and use it to buy at least 3 ICO coins. Cartaxi would be the first choice and then Micromoney. Do check the details of micromoney, its already getting a good amount of investment from the early investors.
Yes it is best to buy ethereum, price right now is suddenly dump because of the bitcoin price is high. But ethereum has a lot to offer that we could get profit. The best choice to buy ethereum and wait for the price to grow. I chatted with some experts that ethereum will make a big innovation early next year, ethereum will turn into POS with more stable nodes so they just need to find the right momentum. As we know that smart contracts are in demand for many new altcoins and are able to minimize fraud in various projects, it may be time for them to shine and we must have collected it from now on. |
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It was sure that these high-rated people would go nuts about Bitcoins once it starts to rise and it's happening now.
Putin is a Government-guy and Governments are scared of Bitcoins because Bitcoin poses a "tunnel" to let us make our finance anonymous and they are gazing the right time to fill this tunnel. But all I could see there in Russia is, Putin didn't decide to stop cryptocurrencies but ordered the banks as well as their regulators to start regulating Bitcoins as soon as possible. I don't think they plan to ban Bitcoins or ^attack^ crypto market in any way.
Bitcoin is easily traceable and does not make your finances anonymous at all. Especially not for the average person who doesn't understand cryptography. Putin thinks that bitcoin is still full of loopholes and dangerous for use by people who do not quite understand, Until now he does not forbid the use and remain neutral. Bitcoin is easy to track but we can create multiple accounts and unlisted, that's what they're worried about because the state can not monitor and manage it. |
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Bitcoin and altcoin are the best for trading but according to my view those people who want to invest for a long time and want to get a big profit they need to invest in bitcoin while those people who want to invest for short time and want to get less profit then altcoin is the best option for them.
Currently bitcoin is more feasible due to an upward trend, but traders spend more time in altcoin due to faster fluctuations, we can still earn profits even though the coins are red. This is indeed a strong characteristic. I focus on buying ethereum on a regular basis because I think they they will start to undermine market dominance with a more stable coin condition. |
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What is your thoughts about bitcoin cash? Is this one going to die? Price saw the deep and going deeper should i invest in or stay away?
Its hard to say, hardly people are now supporting bitcoin cash after the crash of the whole crypto market. I dont know about miners , there is a need for bitcoin gold supporters, people will misjudge it and crazy assumptions will lead to another market crash. Bitcoin is finally little bit stable after crossing 5000$ mark, common we would love to see it's price above that mark and maybe even more. today I read some articles stating that blockchain will receive BCH. Until now I'm still not so sure with this coin but it is still there and remains at the top level of crypto currency, I'm sure this coin will be exhausted if Bitcoingold really shows up. If BCH is more stable, then it is the opposite and still has loyal holders. |
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If you want a secure one go for a exchange that has verification code for example Poloniex but i get kinda pissed on poloniex so i usually use Bittrex although no authenticar but they send me a email if i log in so that's ok.
There is authenticator in bittrex and I make good use of it for optimum security. Not hard to find, Just go to settings and activate it. I still fancy bittrex far more than poloniex with their shitty support. Until they are able to fix their support issues and some laggy issues, then bittrex keeps remaining my top choice. OP, the choice is yours anyway if you are looking for the best, since obviously all the threads above me has made it glaring. For security, Bittrex is still OK for personal use from your side, but for something happening to the exchange or experiencing an attack, your security is not guaranteed on any exchange as you dont have control of your funds. Cela! I have not had a problem with poloniex so far, their response is very fast, this is a step from their seriousness to improve the previous situation. I prefer a market that implements KYC, I have no problem with the use of identity. 2FA has been applied to all markets but there are still problems using it. My security in choosing a market is to engage in a market that is not potentially bankrupt or quickly destroyed as happened on btc-e |
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Chinese citizens are very famous by the world as people who like to invest without seeing any risk, there are 20% bitcoin users who come from China, I also thought that CNY will experience long-term inflation and it turns out right, the government is not able to regulate well and ultimately prohibit the participation of its citizens in ICO. This comes after China froze their crypto market in March
I concluded that the government failed to regulate the bitcoin frontally and eventually issued an attitude that greatly affected the bitcoin price some time ago. This can already be called the defeat and bitcoin victory over them.
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Alright, let's say I have a budget of 1000 USD and I want to invest it into cryptocurrency. Is it better to buy my own setup and mine or do cloud mining or should I buy some coins directly ? What cryptocurrency might be the best for long-term profit ? I am willing to lose that money (although I would be sad ofc) but I wanna somehow start with cryptos since I believe it has got a great future.
If I wear you dude, why don't you try to invest it in buying altcoins so that your capital will be in good place or much better bitcoin itself then hold in a long term pal. depending on your basic skills, I would tend to look for opportunities in some existing ICOs and not expect ROI any time soon. I will do anything other than engage in HYIP, we can also be a loan broker to a trusted person, during the process that happens we can continue to learn and perfect our skills. |
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The best time to buy was several years ago. The second best time is now.
I agreed it is still best time to buy bitcoin as long the price value of is not yet reaching the 10,000$ each of bitcoin. Just there is a chance that you can afford to buy in do it repeatedly. If you do really target for long term then the price as of now would really be still okay and yes it can possible reach up new heights on the future but if you are a short trader or investor that would really do low to see profits on short span of time which the current price is too high and its risky to buy as of the moment because of the peak price we are seeing now the possibilities of price decrease will surely happen after the fork. Bitcoin does not always go up, there's always going to be where bitcoin goes down and get stuck in correction price, here's our advantage to buy bitcoin, no best time to collect bitcoin, all just based on intensive trading momentum, if in the past very easy to get and even free , currently requires the competence to get it, I do not know the bitcoin at the time. I do not regret and try to take every opportunity because every day is the right time to seek profit from the prevailing fluctuations. |
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The child's mind is more flexible and more simple than the minds of adults. That's why i believe that the kids these can affect bitcoin more. You just have to motivate them and teach them all the things they need to know and they will eventually be a help into the bitcoin community.
that's right, with we teach kids about bitcoin then most likely bitcoin it's future will increase rapidly development. because starting from now wrote that interest it wrote a lot more especially with us start to teach our children, most likely the future will be better than previous If there is no rule, bitcoin will be very dangerous for children, every human being has different potential and I am afraid they will become addicted and leave the pattern of social life, they also have the potential to be arrogant and do not want to work or not because they feel confident with their income. All we can do is teach them crypto games that are not actively involved with investment, knowledge must be parallel to their age. |
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With investing in bitcoins most people will become rich because there is very less probability to loss while investing in bitcoins.
That is a definitely false statement. I know a few guys who had invested in Bitcoin when the prices were quite high ($1,200 in 2013 December). These guys sold their coins at $200 to $250 per coin, in 2015 and 2016. You can't blame them, as they waited for almost 3 years to get good returns from BTC. If we talk about assets, it will always be synonymous with the hope of getting rich, reasonable because people always have needs and targets very much, all things can be done if have wealth, I am not hypocritical, I have collected it for a long time and facilitate me invest more, not equate salaries with long-term assets, assets tend to be synonymous with the word "saving and hope". |
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Is it enough to be smart with just nothing to lean on and go on with your life? Because i feel that there are a lot of people who doesn't know how to handle their money with regards to see in the future. Is it enough to be smart and not be strategical or somewhat a person who has a lot of experience. Who would you choose?
For me it is required to be a master of both things like of course you can not have experience if you are not going to try and some people would think it's a waste of their time if they are doing what they know already like repeating their work over and over again. So it should be in a balance.
I think it is a very simple question, and we all know that it is good to have a knowledge because being a smart person is quite good and being a strategic attitude is under being smart. If you are very smart person you can think and of course plan different strategy. So I think it is good to be a smart person than strategic. Actually I am confused by the term "strategic" because there is always an element of "smart" in it, if without ingenuity it can be likened to "cunning" for trying to take chances of every opportunity, people like this use every way to achieve their goals I am more familiar with the combination both because it will always sync with full of common sense. |
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I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world
What is your opinion this time?
What I believe is, that bitcoin is helping unemployed people to have a source of income, bitcoin has been a very good source of income for these people who dont have jobs or unemployed. Actually, even people with jobs are quiting their jobs because of the opportunity that Bitcoin has given to them. that's really what you say, because the bitcoin is indeed a job field to earn a big income, with it bitcoin can also reduce unemployment in the world. with the bitcoin it is also very petrified for people who have difficulty getting a job and difficult also in the economy Unemployment is also only competent for people who are familiar with the Internet, bitcoin will not be the biggest source of solutions because of human resource problems, manufacturing in the Internet technology is not yet perfect also a problem because the monthly internet costs for some countries is very high and monopolized by certain circles. But I agree if bitcoin reduces unemployment by 10% for each country. |
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If government want to take advantage of bitcoin, they should regulate businesses the ICO programs, exchange websites and imposing taxes on altcoins in order for other traditional businesses to cope up with the revolution of blockchain market. If a government does not steps in to this revolution brought by government, traditional businesses should make an innovation in order to stay competitive with today's market.
Setting up KYC alone is not enough, there are still many loopholes that can be used for money laundering, ICO regulations also can not because investment is anonymous and free, will spend a lot of time and will not be effective. It is best to create the main altcoin as a transaction center, so they will not experience inflation and let bitcoin as the second largest digital exchange option. |
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Hi,
First of all, I am a holder, and Bitcoin is for me is an investment, I intend to hold for at least 5 years, so the question asked in the topic title is the last thing in the world I want.
That being said, with China, and now this rumor about Russia, I have to ask this question: how do you deal with the possibility that one day Bitcoin could be illegal in most countries?
Is it a possibility?
It is likely/unlikely?
All opinions are welcome.
Regards.
If that happens then it will cause a tremendous panic, many markets will become illegal and threatened to close, but I think they will not be that way because realize the potential bitcoin in the future, many famous businessmen who will fight them with scientific explanations, including some people in parliament that would convince the President to think more intelligently. |
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Could it be possible that China's ban fits in its plan to gain control on crypto market in China?
1/ To temporize during analysing and preparing a regulation
2/ To re-allow Chinese gov-compliant altcoins to the domestic market
3/ Finding a way to still mine BTC while avoiding its massive adoption, promoting an already existing or a newly created crypto
I see China wanting to make a special coin into a major conversion both from bitcoin and all altcoin. This is already done by japan, maybe chinese is a bit late because crypto business is rampant in their country, but ICO ban has strong motive to get there, I think it is not permanent and will be reopened if chinese crypto system is ready as soon as possible. |
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This is highly unlikely to be the reason even if more altcoins begins to drop. Don't believe that FUD, alts are just going down because some big hodlers probably is converting into bitcoin now to get some free money after the fork. It will stop sooner or later, don't believe the fake news that will be thrown out by whales they will just try to bring down price to buy cheap coins. Yeah guys, I think you should cool down. A lot of people are in panic before that fork. But the alts are not going to drop that long. Maybe we see some drops in short term, but thats not for long  I think the movement will get tighter when it comes on October 18-20, in fact I'm among those who are afraid because hardfork has the potential to make bitcoin worthless and damaged, but based on the fact (emergence of BCH), so many people prepare to get BitcoinGold regardless of the risks which might happen, altcoin is being harmed now. |
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At first time i see it i dont think binance will defeat bittrex and other old exchange. Bit after i use it for trading i really like it more then bittrex and poloniex. I believe binamce will defeat them some day. It will takes time like ant attacking an elephant, elephant will goes down in the end.
A few months ago poloniex was the best exchange and everyone wanted coins to be listed there, but now it has changed to Bittrex. Soon it will be Bittrex + Binance as the top exchanges for all coins. Then when they realise Binance is cheaper to trade on, it will overtake trex! I think nothing is predictable in the market because it completely depends on the security measures they take and support staff should very active in order to solve issues frequently and as soon as possible. I think Binance will increase and enter the upper classes as long as they do not recklessly accept new coins, many markets rely on quantity in response to polo and bittrex movements that impose market quality. depending on what Binance wants to enter in which class is because both are equally profitable, the market that will get more transaction volume is the market that implements the reputation+quality. |
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I wonder if there is a history of infecting user computers with wallet applications?
I mean its a lot of wallets and, like, you always install uninstall them.
Sure i have antivirus but its a lot of very complex code deployed around.
It's really possible to get infected from wallet applications if you didn't download it from their official site or from github. So should only get it from trusted source as a lot of hackers are really targeting the crypto world because of the huge sum of money involved. This scenario could be possible in the altcoins as a lot of coins are popping everyday and one mistake you made, all your coins are gone. Even wallets like myetherwallet have been targeted too. So we needed a lot of common sense here, double check everything before downloading, clicking a link. As we evolved, hackers evolved as well. I do not even want to download any wallets and just trust the web purse for daily transaction purposes, I am worried about script modules that always have a gap, only sources of github that can be trusted to date. If we use bitcoincore or any type of hardwallet it is also suggested, but it should be more careful because of which fissure attacks focus to the OS device of the user's computer. |
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I usually prioritize my time working with my bitcoin investment as I knew that knowing the updates with certain project that I support will very beneficial to my investment, regarding to my social life and obligation I'm also giving some time to cover what is needed to be done but most of the time I'm in front of my computer keep checking where to take my advantage to grow my portfolio.
I have more time to spend in daily updates of the bitcoin. Afternoon only I start to proceed posting, finally I spend more time to take sell my bitcoin. Because it is raise and fall in bitcoin price. Most probably I check daily chart of the bitcoin. we can more freely manage time if concentrate fully and not tied to real work, I spend more time for morning and night, trading can be done anytime by using smartphone, other bitcoin business can also be done in 5-6 working days, will not feels heavy if we are used to doing complicated things gradually. |
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