$1000 is right around the corner, this time with a real solid rise accompanies by a strong buy support, although it may take a short time for the traders and whales accumulate again why they sold at the top. and whenever you see a silent market and then some users around here start crying about price and say it will fall it shows their desperation and a rise in the future
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The notion tomorrow is long time , I pessimistic that bitcoin can reach $1,000 until last January. It looks stagnant price movements, one day up and then one day down. Usually, the beginning of the year the price of the bitcoin is always stable, the speculators have not been much intervention so the price like a straight line.
Nope bitcoin is not stable all the time. It is volatile only. We can see that recent days bitcoins value in raising face and crossed the 900$. If we wish to reach 1000$ or more than that we have to wait till the this year Christmas. if you change your definition of stable price for bitcoin because it is different for bitcoin, then you can see that price of bitcoin is actually stable and the changes are because of the way this market is and how small it is. and right now we are seeing a stability phase. and i believe that the price will start slowly rising soon, just like before because we are back at the same routine of accumulating at stable low prices and then big ass raise.
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Bitcoin needs Altcoin to sustain the demand pressure, most Altcoins trade on most exchanges are against BTC and not fiat, also some ICOs like ICONOMI and Chronobank allowed fiat deposit but this was converted into BTC
But we all know that these BTC will be converted sooner or later, And the way you stated it, it was the other way around. It is the altcoin that needed BTC because these altcoins are traded mostly in BTC. And some ICO needs BTC for them to crowdfund the project. This is a risk that the investor must be aware of, almost always people who make profits with altcoins return back to BTC, this is one reason why most of the altcoins can not keep up for a long time with a high market cap. There are some exceptions like Ethereum, but every day it seems that things seem more uncertain. There was a time when the currency had a billion dollars in market cap. that is correct but the reason why altcoins can not keep up their price is because there is no demand for them, people have no use for the altcoins and also they have no faith in their future either. this means they will sell it as soon as possible. but with bitcoin you have faith in the future so you hold, and also there is real usage for bitcoin, you can use it as currency so there is always a growing demand.
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Bitcoin is very different from paypal , Paypal is a private sectors controlled by some individuals while bitcoin is a decentralized application controlled by no one ! I think if there is one thng Bitcoin overcome paypal It was because Bitcoin had low fee compared to Paypal but in terms of security I think Paypal still is number one.
Paypal is just for the rich people who do business in their websites because of its fee and it is very secured but bitcoin too, Paypal and bitcoin is same best online wallet or currency but bitcoin is better because of its benefits and features. that doesn't make any sense because being rich doesn't have to do anything with paypal. rich people don't have small businesses online to get small payments! and from what i have seen it is mostly the small businesses, selling small stuff and making small profit over the internet most of the time. besides it doesn't matter in any case because bitcoin beats paypal in all the features, the only problem with bitcoin over paypal is the volatile price and its adoption.
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for the foreseeable future, bitcoin price is going to stay volatile but it is more possible to see the price go up in the long term because of the adoption, increasing demand, and so many other things that are happening. so this question is kinda moot because this is an investment and like any other investment nobody can tell you what to do expect yourself. and if you can't decide on it, then you will end up doing irrational things.
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gold is mostly good to hold as jewelries and things like that, so you can get some usage out of it while being an investment. otherwise i think just buying and holding gold is not going to give you much profit and trading in market that big is much harder for profit making.
and i think one of the reason why investors are switching to bitcoin is the potential of going up to the moon, and they have always been investing in bitcoin in the past years.
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in my experience there is always services if there is demand. and in case of bitcoin the reason why there aren't such shops can be two things: - people don't want to spend bitcoin because it is their investment and want to trade it only - people want to spend it but they want shops to accept bitcoin and then they spend. to these people i say you have to ask the shops to accept bitcoin before they do it.
in time if more people start wanting to spend bitcoin and show this desire to the merchants, we can buy anything with bitcoin.
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-snip- I`m wondering is there any way to proove that this information is legit? Are there any exchange platforms that manipulate such trading volumes to make people think they are bigger? Or maybe smaller?
there are some ways to do some double checking for example but there is never going to be a way to make sure if this is all true or false. our only source is what the exchanges themselves report. it can be falsified too. but you can check the number of users, the orderbooks and other things to see how they look to some extent.
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to be honest i am waiting for a new altcoin to invest in and make a booming profit. something like Zcash or Ethereum both in their early stages of pump. and i have not yet found it. these coins like this are always the most profitable.
but at the same time, i believe this year like the last we are going to see a lot of rises from the giants like eth and xmr
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same thing is happening right now...
it is called resistance and as long as it is there price will stay up and then starts going up. and this resistance is from the buy orders that traders who sold on $940 recently is forming, they want to buy back again at $900 or lower to make profit by their short positions.
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I also checked how to buy bitcoin with Paypal balance. So Virvox is safe? I searched little bit, I dont worry if it will take few days to verify it, but I wouldnt like losing couple hundred dollars on it.
it has been a service running for a while now but it is not 100% safe, you should still move with caution.
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this is an interesting turn of event from China to see how their ridiculously huge volume drop this much and go down to the level of the daily volume that western exchanges such Bitfinex have!
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compared to the usual drops after these run ups, it is not in any way significant.
Yeah no significance that bitcoin is going to be back at $750 from now. But what is happening now it makes me happy that the flooring price now is good at $900 and it is still gives me hope that the price of bitcoin is going to be back at $1,100. But while waiting for the price increase, somehow it bothers me if the price will go down. Yeah i don't think theres anything to worry about as currently btc is back to +900 and is now pretty consiatent at that range for a week now. There's been a lot of forecasts that btc may go beyond 1k again this first quarter so im not really concerned but im looking forward for that to happen anyone who gets uncomfortable or uneasy with every change in the price, is not an stable person when it comes to money and for these type of people it is always better if they stay away from investment because they will end up losing money because of their emotions and lack of brainpower.
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Got a bitmixer.io sig campaign payment of 5 bucks or so....(they probably sent it with no fee lol) It has been 2 days unconfirmed...this could be a long wait lol You're a legendary member and don't even bother to check the standard transaction details? Hmm... It has in fact a fee included, namely 0.0001BTC. I have submitted your transaction to the pool ViaBTC in order to speed up the confirmation of your transaction before the transaction drops entirely. It's of course no guarantee that it will get confirmed any time soon due to ViaBTC only having just over 6% of the total network power. ViaBTC is your only chance of getting your transaction confirmed. For everyone else wondering ; https://www.viabtc.com/tools/txaccelerator/Ive tried it and got the message that the request was successful. I'm a little skeptical of it to work but i'm willing to try it as long as it is not harmful. Let's see if my transaction gets confirmed in an hour or so. It it does, I'll edit my post and write about it. :O how can it be harmful? you are submitting what already exists (your transaction ID) it is not even the hex format it is just the ID (irreversible double sha of hex). and there is nothing to be skeptical of! viabtc is a mining pool which you can see their hashrate on blockchain.info charts and they are doing this for a limited number of transactions (i think 100 each block) that have a minimum amount of fee but still low amount.
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No doubt, it is risky but binary in second trade is better to do trading. Because as you talking about risky and dangerous than in binary in second trade has less risk and when you have less risk than its mean you have a chance to make profit more. But all trading depend on luck and experience, So you should know about skills.
I think Trading Altcoins is much more better. Although both Binary and Trading via exchange involves risk, I still prefer trading altcoins why? I think most of the altcoins have huge potential regardless of the ups and down of the price. if you want to start learning how to trade then i think it is much better to start from bitcoin trading than altcoins. then move on to altcoin markets. because bitcoin movements are more logical and less pump and dumpy than altcoins movements, they are mostly pump and dump and as a beginner you will have a hard time learning anything in a market that is unpredictable.
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all the altcoins that i have ever bought and held and sold have never left my exchange account on bittrex. i buy there, keep there and then dump them there.
it is obviously a risky move to do because of all the hacks that happen with exchanges and they run away. but there is no other choice for me!
although i must add that there is an exception to this and that is litecoin and it is only because i hold litecoin for long term and also it has an SPV wallet that doesn't require me to hold the whole blockchain as full node.
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i don't agree with saying bitcoin "needs" altcoins, specially with how altcoins are these days.
but at the same time i say it is good to have a competition. it helps keep us aware and moving forward. imagine if there were something as good as bitcoin that was adopted as much and could run side by side of bitcoin.
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It would be interesting to know how closely the Chinese Mining Pools are working with the Chinese Exchanges.
mining pools are mining pools, they don't have much power because they don't earn as much as you think they do. i think what you meant to say was mining farms. and even in that case i say it is conspiracy theory. If BTC Price & Volume drop off in the next week or so, you will know that the Chinese have been playing the whole world for fools, by falsely inflating the price, & hoarding the majority of BTC mined. yeap, it is conspiracy theory. the volume is going to drop and it has already started because with a 0.2% fee you can no longer make as many trades as you were making before. because they removed margin trading which made most of that volume. and obviously some part of it was fake volume. the price has nothing to do with this. although there may be some volatility because of the FUD in the near future. and about hoarding i have to say, their bitcoin addresses are public anyone can see whether or not they are hoarding and who is holding lots of bitcoin easily. Ask yourself , how do you run a business and never charge your clients a fee to pay your bills for years. The answer , is you are doing something criminal to steal money from somewhere.
not necessarily, although i am not denying that it looked shady but "trading fees" is not the only way of making money as an exchange service.
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Check the charts, it's 2014 all over again. It's plummeting again (gosh who would have expected that..) as we speak...
this is a clear example of all those people that i was talking about in my post. always spamming FUD all around the forum.
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pls can anybody enlighten me on how to earn or buy altcion,because I do hear about it in the forum and in the lending section they accept it as collateral
for earning them you do the same (mostly the same) things you do to earn bitcoin. you do a job and ask for payment in whatever form you want. it can be fiat payment, bitcoin, litecoin or livestock and as for buying them, i see people are still suggesting yobit, i advise you against it because it is not a good place to trade at all. instead try more trusted exchanges such as poloniex and bittrex. and what you saw in lending board is only true about altcoins with stable prices not all of them, and not all lenders accept altcoins anyways.
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