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261  Bitcoin / Bitcoin Discussion / Re: Financial Experts Are Still Excited About Bitcoin on: July 20, 2018, 07:45:26 AM
I think this article should boost the morale of bitcoin users. According to this CNBC article, despite bitcoin having a rough year, bitcoin supporters including financial experts, tech investors and CEOs remain excited and still see the digital currency breaking its record highs from last year. One CEO even referred to Bitcoin as digital gold.

Despite what the general media says, it’s definitely good that these respected experts in the finance world are expressing their support for the digital currency. This is good news and a big step forward, right? This could help influence others into accepting crypto as well. What do you think?

Source:
https://www.cnbc.com/2018/07/12/bitcoin-crypto-cryptocurrency-ether-etheruem-digital-currency.html

We all are excited about the bitcoin and this is the thing that every bitcoiner wants to know I guess that in what direction will the valuation of bitcoins will go further because as we all can see that the valuation of bitcoin has been deflated to its minimum extent, I guess and because of which every one is now expecting a huge jump in the valuation of bitcoin and thus everyone is so excited and even the financial experts that where will the valuation will go in the coming months of this year.
262  Economy / Trading Discussion / Re: Does holding long term can be worthy despite of unpredictable market? on: July 20, 2018, 07:30:16 AM
I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.
We all know that bitcoin is a volatile crypto currency and thus valuation keeps on flactuation because of its volatile nature so we all should prepare with this thing that the market of bitcoin is completely unpredictable and that is why I stated in my previous posts also that you have to be very wise while investing into bitcoin but in spite of all these things, there are assumptions of some wise financial experts that the valuation is again going to inflate in the coming months of this year so I will only suggest you that you should hold for some time more and then your patience will be fruitful definitely .
263  Bitcoin / Bitcoin Discussion / Re: Is the existence of bitcoins a threat to jobs and national currencies? on: July 20, 2018, 07:15:36 AM
We all know how powerful bitcoins are especially in financial terms. Having one makes you feel like a newly-crowned king ready for his throne and lux. Its value and essence is something that we cannot just ignore, resulting for some people relying on these 'God-given grace' instead of working hard and gaining the money that their own country uses. Some thought that it would be better off to have bitcoins and convert it into any kind of currency rather than to get a job and earn some thing. What do you think? Will bitcoin be able to eclipse the existence of national currencies in the near future?
 
Obviously not, as we all are aware with this that the introduction of bitcoin bitcoin was considered as a boon for the humanity and then it has provided employment and jobs to millions of people and helped them in earning livelihood so this would be very foolish if someone is sying that the existence of bitcoin is a threat to other national currencies and jobs but on the contrary the existence of bitcoin will bring more future chances of jobs and employment and will bring a new era of modernisation in the world.
264  Bitcoin / Bitcoin Discussion / Re: Can you wait to prove them wrong about Bitcoin? on: July 20, 2018, 07:01:21 AM
I think a lot of people around us has told us that Bitcoin is a FAD or a SCAM or a Ponzi scheme.

Some of our closest relatives have told us to SELL before the BUBBLE will burst. {guess we hear that enough?}

The media is telling everyone that Bitcoin is the tool of criminals and terrorists and child pornographers and paedophiles.

Most of these people are not invested in Bitcoin, but it looks like they are looking for reasons to attack it.

How many of you want to prove them wrong? I sometimes look at these people and I think... WTF are you on about?

I seldom bring up the subject anymore, because everything coming out of their mouths are negative. The only time when they

are interested, is when the price hits a all time high. Then they want advice to invest in Bitcoin and when they buy at the ATH,

and the price drop with 10%, then they panic sell....lose money....blame Bitcoin. I am sooooo sick of this.

I hope we can finally prove them wrong in the near future, because this is definitely getting under my skin now.  Roll Eyes
Obviously I will Nd I am already waiting for the reply to them and that’s why I m holding my bitcoins right now because I am very much aware of this thing that bitcoin is a volatile crypto currency and it’s val keep on flactuating because of its volatile nature and those who are calling bitcoin a scam or a bubble that would burst soon re the foolishest one and they re not getting the potential of bitcoin Nd I am sure that they will repent in the future.
265  Economy / Services / Re: MOZO Sig and Avatar Campaign(100 open slots) on: July 19, 2018, 02:42:19 AM
Btctalk name: Dmitry.Vastov
Rank: Hero Member
Current post count: 1047
BTC address: 37fUwimVjBpLiyd3cA4UrQy49m9iTdpNZ8
Wear appropriate signature: Done
Wear avatar: Done
266  Bitcoin / Bitcoin Discussion / Re: why do governments don't make BTC illegal worldwide ? on: July 18, 2018, 06:06:47 AM
I'm wondering this because is such a real threat to bank system and we all know how banks and governments are tightly linked !

BTC could make people more autonomous, self-resilient, being their own bank. You can use it like cash, making your transaction almost untraceable (or untraceable using e.g. monero or dash or laundry systems) : this is governments worst nightmare, isn't it ?


I don’t think that there is nothing in bitcoin that government should decide it illegal world wide and at just once ask those countries who has legalised it, they are experiencing a great boost in the development of their nation and a very high jump in the GDP also so no doubt that who has understood the potential of bitcoin will going to love it and will become its fan and what I know is that those who are criticising bitcoin right now are going to repent in the future when bitcoin will be declared as a central currency world wide.
267  Bitcoin / Bitcoin Discussion / Re: What if someone forgot the key to their bitcoin wallet ? on: July 18, 2018, 05:50:12 AM
What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
I think we all are aware with this fact of bitcoin and at least those who uses bitcoin that bitcoin transactions is supposed to be most confidential and private one and it is like next to impossible to crack the bitcoin wallet also and this is all because they trust on customers satisfaction and this is something that has attracted a keen interest of millions of investors so if one forgot his or her keys of their wallet then it is like next to impossible to recover it.
268  Economy / Trading Discussion / Re: Trading Newbie on: July 18, 2018, 05:35:46 AM
Hey all.  So i want to start trading, but i have almost no idea what to do. So i would love if someone would disscus that with me and eberyone else Smiley

So, to start trading, i need site for that. I would want to do altcoins/bitcoins trading, i used to know one site but can't find it anymore...

And then, any tips here for me and other newbies? Buy cheap sell expensive is not tip i search for Smiley What mistakes to avoid, what to never do etc.

Thanks everyone!  Cool
It is going to be a little bit tricky if you are a newbie and you are going to learn a lot in this path but still the journey is going to be very adventurous and amazing if you are continuing with bitcoin for many years and what I will suggest for a newbie that be patience and be wise in your every investment because this is what that bitcoin requires, what I mean is that you have to be very precise when to buy and then hold and then when to sell your bitcoins, then only you can credit maximum profit to your account.
269  Economy / Trading Discussion / Re: Does holding long term can be worthy despite of unpredictable market? on: July 18, 2018, 05:20:04 AM
I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.
Votality of bitcoin is one of most important characteristic and because of this volatile nature, the valuation of bitcoin usually flactuates and as I stated in my previous posts also that investing into bitcoin is a very complex process and you need to be very wise in order to withdraw maximum profit from bitcoin, so buying, holding and then selling your bitcoins is the best way to earn through bitcoin but I will repeat the same thing that be very wise while investing.
270  Economy / Trading Discussion / Re: What is the best style of trading? example - overview on: July 18, 2018, 05:05:16 AM
Swing trading is one of the best trading styles, a nice formation for the FNJN stock you can find on the daily chart.
 FNJN  Good intraday deal. The risk to return ratio is more than 1 to 20. NXPI
The VNE action showed a very fetal intraday accumulation, in which it was possible to gather a huge position with minimal risks. We saw very good orders for the purchase, very strong support in the chart. This shows a good probability for a profitable transaction. These situations are the most valuable since they allow you to take out trading for a good dynamics of profit growth.
As we all are aware that bitcoin is very versatile and sustainable crypto currency and there are millions of ways by which we can earn through bitcoin and bitcoin has even helped millions of people in earning their livelihood and finding their jobs but according to me , the best way is to make a account on bitcoin talk and then join any survey campaign and then they will pay you according to your posts and work and I think this is the best method to earn through bitcoin as it does not require any kind of prior investment.
271  Economy / Trading Discussion / Re: Where to invest bitcoins on: July 17, 2018, 07:14:46 AM
I have got a few spare bitcoins.Please suggest a trustworthy site where I can invest them for some profit.
Bitcoin is a type of crypto currency whose valuation keeps on flactuating and there are two possible reasons for the flactuation in the valuation of bitcoin, the foremost reason is its volatile nature because of which its valuation flactuates and then another reason is that bitcoin is itself a kind of investment so this is very common that the valuation of any investment goes on flactuation, so what I suggest you for your bitcoins is that for now you should hold your bitcoins because this time the valuation is very much low so you should hold your bitcoins for now.
272  Economy / Speculation / Re: Why bitcoin will drop to $1000 and why we should be happy about it. on: July 17, 2018, 06:59:19 AM
I have read through some recent posts on the forum and I see that many people don't quite understand the fundamentals of bitcoin, and so they may not be able to do reasonable investment decisions.

I have talked to many financial experts during real life conferences and in online chats and they all tell approximately the same. There are two types of currencies: Payment Currencies and Investment Currencies. In fact there may be other types of currencies, but lets focus on these two types for simplicity. So, investment currencies have different features as compared to payment currencies and they will develop differently. Of course, they always have mutual features and even may be a replacement of each other sometimes, but generally they designed differently and it will be a mistake to expect investment currency to behave the same as payment currency and have the same growth factors.

Bitcoin is designed as investment currency. We should just accept this fact. Of course it may be used as a method of payment, but it will never become a replacement for a fiat currency. Some future cryptocurrency will be, but not bitcoin. Bitcoin will never be directly supported by any major government. They may regulate it, legalize it, they may even invest in it through some bank or fund, but they will never support it directly. This is because government is about regulation, collection and distribution, government is not a player. If some G7 government decide to support cryptocurrency, they will create their own cryptocurrency with the features they need, they will regulate it as they need and they will treat it as the national asset.

So when investing in bitcoin we should not rely on the possibilities that will never actually happen to bitcoin. Instead, we should realize the nature of bitcoin and act accordingly. Saying that, since there are no more evident factors of bitcoin growth, we should allow it to drop. I estimate that it may cost at around $1000 as the bottom rock. And then bitcoin will grow again. In about a month time frame the whales and high-rollers will easily take it back to $6000 and the following buzz will rise it up to $10-15k in 2-3 months. This would be quite typical behavior of the investment currency. I also think that the miners industry will survive this drop without any significant issues, they will just have a month or two of loss, and then they will enjoy the long ride - quite usual wave in the business. And mostly important, if bitcoin drop down and then recover, this will be huge stimulation of the industry in general and bitcoin in particular - it will show that bitcoin can survive the crisis and repeat the growth. So we should get prepared for the drop and take it as the logical development of an investment currency, and not as the "death of bitcoin".

These are just my considerations, so please let me know your opinion.

I am not saying that we should be happy if the valuation of bitcoin is deflating, and we all are aware with this fact also that in present times the valuation of bitcoin has deflated to a very low extent as not deflated ever in the history ever so no doubt people should panic about because they has invested into bitcoin and if the valuation is going down then it is a human nature that he will worry about but we should keep one thing in mind that bitcoin is a kind of investment and moreover volatile in nature so pumps and dumps are very common.
273  Economy / Trading Discussion / Re: do anyone know why? on: July 17, 2018, 06:44:29 AM
....do anyone know why during the last days there are only pumps and dumps and then linear/orizontal trades?


As we all know that bitcoin is a volatile crypto currency and apart from being volatile, bitcoin is a kind of investment so both these factors are responsible for the flactuation in the valuation of bitcoin, so cannot exactly predict the exact predictions that valuation will go to what extent so it is not always exact that why there is such pump and dump but yes there are some assumptions that there is pump in the valuation because there could be some amendments in the notice issued by Reserve Bank of India 🇮🇳.
274  Economy / Trading Discussion / Re: How to buy BTC on: July 17, 2018, 06:33:17 AM
How to buy BTC.
Maybe someone doesn't know how to begin.
Suppose this article can help.
Everyone is curious as tо whаt bitcoin іѕ and how оnе gеtѕ tо еаrn іt аnd spend іt. Bitcoin is the mоѕt fаmоuѕ аnd bіggеѕt digital currency іn thе wоrld rеgаrdіng market саріtаlіzаtіоn аnd thе mаrkеt share whеrе thеrе аrе no іntеrmеdіаrіеѕ tо hаndlе thе trаnѕасtіоnѕ. Microsoft Cо-fоundеr, Bіll Gаtеѕ has a lot оf fаіth іn Bіtсоіn to the роіnt of ѕауіng, "Bіtсоіn іѕ a technological tоur dе fоrсе."
Aссоrdіng tо Leon Lоuw, a Nоbеl Peace Prіzе nоmіnее, еvеrу іnfоrmеd реrѕоn needs tо know аt least аbоut bіtсоіn since іt hаѕ thе роtеntіаl tо bесоmе one оf the wоrld'ѕ mоѕt ѕіgnіfісаnt dеvеlорmеntѕ.
Thе bеѕt way tо lеаrn about bitcoin, іѕ tо jumр іn and gеt a fеw іn your "росkеt" tо get a fееl fоr hоw they work.
Despite thе hype аbоut how dіffісult and dаngеrоuѕ іt саn be, gеttіng bіtсоіnѕ іѕ a lоt easier аnd ѕаfеr thаn уоu might thіnk. In a lоt оf wауѕ, it is probably еаѕіеr than ореnіng an ассоunt аt a traditional bаnk. And, gіvеn whаt hаѕ bееn hарреnіng іn thе bаnkіng system, іt іѕ рrоbаblу safer too.
Bеfоrе getting started, you will nееd to get уоurѕеlf a wаllеt. Yоu can dо this еаѕіlу enough bу rеgіѕtеrіng wіth one оf thе еxсhаngеѕ whісh will hоѕt wаllеt fоr уоu. And, although I think уоu are gоіng to want tо have оnе оr more еxсhаngе wаllеtѕ еvеntuаllу, уоu ѕhоuld start wіth one оn уоur оwn соmрutеr both to gеt a better fееl for bіtсоіn and because thе еxсhаngеѕ аrе ѕtіll experimental thеmѕеlvеѕ. One can buу bitcoins dіrесtlу frоm оthеr bіtсоіn uѕеrѕ via mаrkеtрlасеѕ or through еxсhаngеѕ, аnd one рауѕ fоr them thrоugh hard cash, credit оr dеbіt cards, electronic wіrе transfers, оthеr сrурtосurrеnсіеѕ, PayPal, et аl.
Wаllеt іѕ a wау tо ѕtоrе уоur bitcoins. Specifically, іt іѕ ѕоftwаrе that hаѕ been dеѕіgnеd tо ѕtоrе bіtсоіn. It can bе run on уоur dеѕktор computer, laptop, mоbіlе device (except, аѕ yet, Apple) аnd саn аlѕо bе made tо store bitcoins оn things like thumb drives. If you are concerned аbоut bеіng hасkеd, then that іѕ a gооd орtіоn. Evеn the Wіnklеvоѕѕ* twіnѕ, whо hаvе mіllіоnѕ invested іn bіtсоіn, рut thеіr іnvеѕtmеnt оn hаrd drіvеѕ whісh thеу then рut іntо a ѕаfеtу deposit bоx.
Thе next ѕtер іѕ tо fund уоur Bіtсоіn wаllеt аnd ѕtаrt рlасіng оrdеrѕ.
 
Where tо Buy Bіtсоіnѕ
 
• Lосаlbіtсоіnѕ: - Thіѕ is the first  ѕіtе fоr arranging fасе-tо-fасе transactions and рrісеѕ nеgоtіаtеd. Its еѕсrоw ѕеrvісе has mаdе thе ѕіtе popular ѕіnсе іt аddѕ an added layer оf рrоtесtіоn fоr thе buуеr аnd thе seller wіth a truѕt ѕсоrе of A. уоu саn рау fоr bіtсоіnѕ via PayPal, cash, оr bаnk transfers.
But there is a chance to get scammed. A lot of brute account are selling now. https://localbitcoins.com
 
• Cоіnbаѕе: - This іѕ another оf the рорulаr bіtсоіn wаllеtѕ with оnе оf thе ѕіmрlеѕt ways оf buying bitcoin. Upon ѕіgn uр, оnе gets a $5 bоnuѕ. It hаѕ a truѕt score оf A+. Uѕе уоur card оr bank trаnѕfеrѕ tо buу bіtсоіnѕ. https://www.coinbase.com/
  
• Bіtԛuісk: - This site іѕ also beginner frіеndlу аllоwіng uѕеrѕ tо buy аnd ассерt рауmеntѕ for bіtсоіnѕ vіа hаrd currency аѕ wеll as bank trаnѕfеrѕ. It hаѕ a truѕt rаtіng оf B. https://www.bitquick.co/
 
Wіth bіtсоіnѕ, you саn аnоnуmоuѕlу buу merchandise; mаkе сhеареr іntеrnаtіоnаl рауmеntѕ ѕіnсе thе Bіtсоіnѕ are not subject tо regulation from any country. Thе bіtсоіn mаrkеt is vеrу vоlаtіlе and mоrе people are buуіng them hoping to mаkе a profit whеn thе рrісе goes uр.

As we all know that bitcoin is very sustainable, versatile and volatile crypto currency and because of its volatile nature, its valuation keeps on flactuating so you need to be very precise while buying and selling of bitcoins. Though bitcoin buying is not as tough and difficult as it seem to be , just go to one of bitcoin exchange and buy the bitcoin from that exchange who is providing you the best rates but I will again repeat that you have to very wise while buying and selling of bitcoins
275  Economy / Trading Discussion / Re: How ethical is it? on: July 17, 2018, 06:02:18 AM
So, I have some bitcoinred (btcred). I received the new revolution or whatever coins. I am now trying to decide if I should sell my old btcred coins. They 0.20 USD a pop.
I do not want to sell something that if the buyer does not know that they are not valid anymore. On the other hand, you can never be sure. Maybe they wanna buy it anyway.
Any help on the ethical implications of selling an ended coin?
We all know that bitcoin is a decentralised crypto currency and there is no such authentic regulating body who could keep eyes over bitcoin activities. People mine bitcoins, they comes into circulation and bitcoin then be in to circulation by their buying and selling by the millions of investors around and those countries who has legalised bitcoin have their control over it and those governments then keep eyes over all those activities, so as such bitcoin is not as unethical as people exaggerate it.
276  Bitcoin / Bitcoin Discussion / Re: Futures Bitcoin What Is The Use on: July 16, 2018, 07:54:58 PM
I tried to understand the essence and benefits of futures trading BTC
Futures on bitcoin will be traded next week. People who for the last few years constantly trying to convince everyone around that bitcoin is a bubble, must be happy: now they can finally move from words to deeds and begin shorting. But are they right?

Future (futures contract) — a derivative financial instrument, the standard urgent exchange contract of purchase and sale of the underlying asset at the conclusion of which the parties (seller and buyer) agree only on the price level and delivery time.

Craig Pirrong, Professor of business at the University of Houston says:

"Futures largely simplify the game to decrease than to increase, so that the majority of them, apparently, will benefit the bears. Therefore, the appearance of such a tool can reduce the cost of bitcoin".

How is shorting, I have studied the example on the stock market.
EXAMPLE. The investor can borrow paper, say 1 BTC, mind you, he takes not the money. The point is that he took 1 BTC for 16,000 thousand dollars. Sold it for 20,000 Then periscopes for 16 again. Gave ficers 1 BTC back but he got a profit of 4 thousand dollars (0.25 btc). So it will work

However, the futures will simplify the game to increase. The process of acquisition and storage of bitcoins is extremely unpleasant for many investors: you either have to worry about the fact that they are not stolen, or stored on paper, making them difficult to use as trading assets.

A substantial simplification of the process will increase the number of people wishing to open short positions, but those who play on the rise, so much so that their number will grow much faster.

Lou Kerner, partner Flight VC, a venture Fund investing in cryptocurrency. "we believe that from the point of view of fundamental non-market factors-such asset is quite reliable, but they tend to sell out".

Investors with big money still do not really believe in bitcoin and cryptocurrencies. All now wait for the futures I thought of what awaits us after this still greater growth. But now I'm not sure. I think now all that is left us is to wait and see how the market will behave.

I hope the article was useful
I will not be wrong if I will say that if in present times the bitcoin is that much useful then it could be so so useful in future times also, bitcoin is a kind of crypto currency which is very versatile and very sustainable crypto currency and in present times bitcoin has millions of investors so bitcoin could be use as a great investment in the future , who so ever country will introduce it , will definitely feel a boost in the development so bitcoin could prove a great technology in the future.
277  Alternate cryptocurrencies / Altcoin Discussion / Re: Few great tips that may help you to avoid of beeng a victim of ICO's spams on: July 16, 2018, 07:39:26 PM
When I first got into the crypto world I was fascinated by one thing:

The power of the crypto community.

People that are into crypto love to share ideas have a brainstorm about new projects and tech, and also determine if an ICO is worth investing or not.

I recommend you to:

1-Join Reddit crypto community (r/CryptoCurrency).

2-Look for a local trading group on Telegram/Whatsapp (Be careful from the random telegram groups, you will find many people there that want to shill their coin.
Best

For more tips regarding Blockchain/ICO you can find here:  https://guerrillabuzz.com/
Block chain and bitcoin is a very innovative technology and it can gives you very good profit, the only thing you need to look at your decisions only, that is , when to buy bitcoins, when to hold and then when to sell them.and then there comes out the security of your wallet, though bitcoin transactions are very safe and confidential but still there are millions of scams occurring in bitcoin transactions so you need to be very confidential and secure with your wallet passwords and keys.
278  Bitcoin / Bitcoin Discussion / Re: Chinese investor loses $400,000,000 in Bitcoin on: July 16, 2018, 07:23:51 PM
He had some 100,000 Bitcoins on March 2018 when Bitcoin was $10,000 to $12,000. Now Bitcoin is $6,000

Read:

At least one individual in China took the term “HODL” to heart as his or her Bitcoin wallet has seen a total of 93,947 BTC transferred to it since March 25, 2018. The wallet’s address is 1KAt6STtisWMMVo5XGdos9P7DBNNsFfjx7 and it currently possesses 85,947 of the total amount in Bitcoin that it originally had, after selling exactly 8,000 BTC off.

Read more: https://cryptovest.com/news

As we all know that bitcoin is a kind of investment and the pumps and dumps are very very common in every kind of investment so one need not to to be panic if the valuation of bitcoin goes down and moreover bitcoin being volatile in nature, keeps on flactuating its valuation and if someone has suffered a huge amount of loss then he must not invested wisely because in in order to get your maximum profit you need to be very precise with your buying , holding and selling your bitcoins.
279  Economy / Trading Discussion / Re: How long does it take to make a buy and a sell? on: July 16, 2018, 07:07:16 PM
does it vary for different coins? I'm asking because if I want to day trade I want to make sure its doable. Someone told me it takes a long time to have a buy go through and a sell.

EDIT: Ive added this because it seems not everyone reads all the replies, I had posted two more posts to clarify. ill just throw it in here for now.

I should have clarified,

If I want to buy AT MARKET PRICE for example if LTC takes a dip and goes down to  $300 and I buy right when the dip starts to recover at $305 and it goes back to baseline of $350 and then SELL... in essence if I only bought one LTC I just made $45

$305LTC - $350LTC= $45USD

Thats why I asked about how long it takes to buy and sell LTC-BTC-ETH Usually the dips happen and they recover in a couple minutes. If I can't BUY at market price when it dips and then sell at market price when it recovers then my friend was right but I'm in the dark because i havent done it myself and IM RELYING ON ALL YOUR KNOWELDGE!! Which I appreciate immensely.. I love forums and have learned many different things for being part of a community and I know if I have info on something to share it as I did at the bottom of this post about coinbase USD transfers to gdax.

I am going to start with around $100-300usd and do some test buy/sells.. I've been studying the charts and I am pretty confident in my chart analysis.. I am a newbie with crypto but I have day traded (not much but i understand it) with my brother on the stock market.

I also learned through my own playing around on coinbase and GDAX that there is a work around to buy the price of crypto at market price instead of coinbases inflated price by using GDAX
1. transfers from coinbase of USD currency have no fees. therefore I can fund coinbase and transfer USD to GDAX instantaneously and get away from the inflated coinbase price. As far as what I read this seems possible but until my USD funds are in coinbase I will not know if it actually works if it does I will report back and make a thread about it so people can save money on their first purchase.

Im still not verified on poloniex and I studdied the graphs on there as well as the volume(pretty busy) I am verified on bittrexx BUT my issues with trading on bittrexx is there is no selling out of crypto into USD so i have to deal with an exchange fee to send to a different exchange that will let me sell from crypto to USD.  unless there is a exchange that has multiple coins(more then just btc-eth-ltc

I know poloniex has USDT but i cant transfer that out into my bank account??? im not sure if that is possible in poloniex? are there any that do allow bank transfers other then coinbase,GDAX(I wont dare use gemini)??


2nd RESPONSE:

just to respond to the remarks of me being a newbie. I buy and sell cars for a living and started literally with no money. you buy cars low and sell for more then your in it for. same thing with crypto exchanges and on the stock market exchange.

 Except I need to learn about the exchange rates for transfering from exchanges to an exchange that I can cash out to USD. BTW the fees for day trading on the stock market or way higher then any of the fees on the crypto exchanges So i really dont see the big fuss about the fees. However, Im using microeconomics to do my best to keep my fees for trading coins and transferring to exchanges and out to USD to a minimum.

 I need to figure out the fees for trading crypto coins say for example using LTC to buy XRP an then when I made the profit i want to XRP to LTC or whatever coin i want to trade it into. thats the part I definately need to figure out. starting out im probably gonna stick with the 3 big ones ltc-eth ad btc and watch for dips and sell on the recover.

the crypto exchanges are more lucrative because its barely regulated and I know it will be regulated in the future at some point because crypto is getting major talk right now, and I've watched  the whales doing their manipulation. Wink

 I could have bought BTC at $16 a couple years ago so believe me I was pretty annoyed but it is what it is, Im not gonna cry over it.
This will all depends on the frequency of the valuation which will flactuates in that time, I guess. We all are aware of this fact that bitcoin is a sustainable crypto currency and it has proved its worth even and then it is very volatile also and because of its votality its valuation keeps on flactuation. So the time when you will buy and sell your bitcoins is very difficult to define because nobody exactly knows when the valuation is going to inflate and deflate and obviously one would sell his bitcoin only when the valuation is high so it’s very difficult to predict what is the time between buy and selling of bitcoin.
280  Bitcoin / Bitcoin Discussion / Re: When you think of currency what will come to your mind? on: July 16, 2018, 06:52:59 PM
The International Monetary Fund (IMF) just recently posted a picture that shows the evolution of money that people have used since the beginning of human civilization. Will IMF consider Bitcoin as a new currency?



Obviously bitcoin comes to my mind whenever I think of the currency. As we all know that the transformation of currency has been occurred , in earlier days we uses barter system for having transactions and there comes a gold as a transacting medium and now comes the Fiat currency that we are using in current lives and if we look at the evolution the bitcoin is newest technology we have and it has become that much popular that we people are looking forward for bitcoin in our future.
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