Do you know Saxo Bank ? Last month they said about Bitcoin, the price could in 2017 jump as high as +2000$. Specially if countries like Russia and China start to accept bitcoin as a partial alternative to the USD. And some traders think the Trump administration would start to create turbulence in the US economy it could also trigger a price boost.
So for this point i say that suddently "In Banks I Trust !"
We are in the phase of awareness. It's a bull market. My prediction: in 2017, bitcoin will reach historic highs. The value of a bitcoin will exceed that of an ounce of gold.
Situation completely changed with PBOC intervention. Chinese margin trading - which was the main cause of bitcoin volatile pumps and dumps is curbed now. I expect that instead of sharp and fast upward jump there will be small continuous growth of price - because of that I doubt we will see $2000 soon. Probably not in 2017. Or until something unexpected happen. We are not going to see that price in 2017 but without a doubt it seems that things are going to look good for bitcoin in the immediate future since it seems we are going to enter a time of economic turmoil in the next years. |
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It feels weird to think paying food with Bitcoin. What if something happens like this;
- Hello, I would like to order a milkshake and a cheeseburger.
+ Sure thing, sir. Price is will be 0.04 BTC
- (Pulls out his phone and sends the bitcoin)
- (1 hour later)
- Where is my food?
+ I'm sorry sir, bitcoin network is currently very slow. The chef said if there is no three confirmation, there is no food.
- (Internal screaming)
Oh so when your credit card takes a month to confirm they hold onto the food until it officially confirms? Your logic is flawed. The only way to spend and have it confirm instantly is cash. Thats why you can send and make your transaction be faster paying a bigger ammount from fee, or you can use the bitcoin debit card as i know it does make the transactions like a normal debit card, soo this isnt an issue at all. You could use a bitcoin debit card but don’t you think that defeats the whole purpose of paying with bitcoin if I’m going to use a debit card I might as well use the one from my bank. |
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A good investor should be confident and have a positive mind.
Characteristics of a good investor is that they are risk taker, patient and disciplined.
Passion, commitment and flexibility of investor are the factors which makes them successful.
I disagree on the risk taker part a trader identifies what are the best chances for a trade to be profitable, they don't take a risk because they take the best possible shoot at making money and if there is not a good trade then the answer is very simple, they don't make the trade. |
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This site is very useful site for poor customers because through this they earn money without any investment. Only spent some time .
Yes this site is useful and helpful for poor costumer but the payout is very low. Yes you can earnfree bitcoin by doing faucet. But you need you spend your time and electricity and the internet bill . your payout in faucet is very low compared to the other . I don't recommend faucet for everyone. Like me I spend I think 1 week but my payout is only 0.0007 only. Faucets are the only place where you can earn free bitcoins apart from that I don't see any place who will give you free bitcoins but its not worth to spend time on faucet sites as the payouts are too low nowadays and if the electricity cost is higher in your country then its useless to waste time on faucet sites where you are unable to generate any profits. Since you are using your time to get those bitcoin and your time is very valuable then those satoshis you get are not free but a payment, and the payment is very low so unless you are learning about bitcoin I will not recommend doing faucets to anyone because you are going to waste your time. |
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Bitcoin was created by satoshi as a decentralized currency. But, since china has huge mining power, most of the bitcoins are mined by chinese miners.Obviously, chinese hold majority of bitcoins so that they could decide the price of bitcoin. For every small changes occuring in china related tl bitcoin, it has a world wide impact.Its not good for bitcoin progress. Unfortunately, we have to accept that china controls the Bitcoin.
How does china control Bitcoin? If you look at the mining charts, though several mining farm is located at china, it does not mean that chinese government own them. This are different company with different people. So there is no way that China is controlling bitcoin The Chinese government does not have direct control over bitcoin but since the most miners are there then anything the Chinese government does has big influence in the operations of miners and their exchanges and in that way they can indirectly influence bitcoin. |
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If you ask why people are confused, Bitcoin is showing a bumpy graphic and people do not want it. But naturally we know that this should be a normal situation. Some people may be expecting more of them to fall off and have more aim at keeping more bitcoins on their hands. Another point I can actually say is that there is no tax and it is seen as money laundering.
Well i disagree that having a bumpy graphic has negative effecta on btc. I think it can even attract more people to using it because of the constant changes thats happening to its price. Ans as we can all attest right now bitcoin is very much alive and strong Don't show to people anything that would give them any doubts with bitcoin, there is no need to complicate things when explaining to them. Let's show that the yearly progress of bitcoin and we can vouch that since we are here for a long time. The last year's bitcoin performance was really amazing, and we can continue that this year. It's not dead when we are about to hit the highest price ever. I disagree we must show other people the good and the bad, if you show to other people the possibility of earning big with bitcoin, they will get excited but it is very unlikely they will make it big and then they will blame for not showing them the whole truth, it is way better to be completely honest in topics like this that involve money. |
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Invest in yourself, learn something valuable for other people.
Avoid ico's most of them are made to exploit people and take all the money.
This is good advice, there is nothing like investing in yourself, read some books get some classes in something that interest you and soon you will see the fruits of your efforts by earning money in something you like to do. |
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As we enter 2017, Bitcoin begins with a fresh start making it worth nearly $1000 per coin. Users, banks, and even governments are becoming more interested into Bitcoin, and its underlying technology called the Blockchain. Now, as we progress into making Bitcoin more scalable and efficient than ever, I would like to know what are your thoughts for the pioneer cryptocurrency in 2017? If all goes well for Bitcoin this year, it might increase its value more than $1000, as well as become closer to being used as a mainstream currency. What do you think?  I think we are going to see a slow increase in price maybe some pumps here and there especially at the end of the year but I think we will have a price above 1k for some time without the signs of a bubble forming. |
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Have you tried going to places and get hungry but you have no cash available with only bitcoins in your smartphone. Here are the list of bitcoin accepting restaurants that will feed your stomach with delicious cooking in exchange for bitcoins. This is a sign that bitcoin is truly amazing that even restaurants and pizza stores have seen its value and started to include in its payment options. Check the list on this link: http://bitcoinrestaurants.net/It is nice, but only for people in the U.S. anyway it is great, and if I ever visit the U.S. ii will make sure to attend one of those restaurants, if I can, just to have the pleasure of using bitcoin to pay for a meal. |
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so many ways to generate free bitcoin, but it requires an Internet connection. Well, faucet be an option for any beginner to get bitcoin. it is not wrong, if you're able to take advantage of it, you might be able to collect and make a lot of bitcoin by way of trading, or investment from the faucet that you collect.
Faucet sucks. I have tried couple of them when I just joined this site and with my newbie rank couldn't join any campaign. And for week on faucets I make just 2$, with current price for bitcoin it's like 4$. Nosi make the same money with couple comments for some minutes. And that is just the monetary gain, while doing faucets the only thing you can earn is money, in this forum you also gain insight in trading, investing, politics, gambling, bitcoin, altcoins, products, services and more topics as you surf around the forum. |
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it is painfull to see someone loose so many btc's, trading is always risky and shorting is too.
It will be painful if it was my money, when I see someone else losing that amount of money in such a silly trade the only thing I can think is why you took such a decision? When it was very obvious the market did not agree with that vision, you tried to outsmart the markets and now you are paying the consequences. Well. That is how trading works I lost again some bitcoin in my past trade yesterday but I will take as a lesson and a experience. But for the guy that losses that very large amount of bitcoin I think it's alarming if something like that happen to me my God I will cry overnight. But I don't have that large amount of bitcoin so that's impossible. The lesson there is invest inlegit coin only don't trust new coins. Yeah I know and it is nice to see that you are learning the difficult art of trading, but losing that amount of bitcoin just to learn a lesson? I don’t know if will ever recover from such a loss, not only in economic terms but in psychological terms. |
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If bitcoin can not be controlled, it is impossible to replace the official currency of a country. It is justified because the state had full interest to be able to control the currency. So I sure bitcoin can't controlled by anyone.
And the bitcoin is not having such elements to be the legitimate currency, it's not about the controlling of bitcoin. So, bitcoin is so far being accepted by the government. Not surely, even there are a lot of chances to controlling the network of bitcoin. It is a wonder that there are people reasoning like this and yet they are in this forum and even participating in signature campaigns, does not the campaign managers go through all that? Bitcoin is decentralized by nature, making it free from the control of anyone or group of persons, but that is on the premise that the community plays its role effectively and not go to sleep thinking all would be well. For anyone that is truly abreast with developments in this industry, the Chinese are fast cornering Bitcoin! Don’t underestimate bitcoin and its resistance, china have most of the miners because it has very cheap electricity but if bitcoin keeps increasing in price then suddenly more places will become able to have mines due to profitability. |
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Every time, for as long as I remember, that I go on bitcointalk, everyone keeps posting "BTC IS DEAD" "SELL" etc... And then a few Sr/Hero members come and explain how thats wrong.
I just don't get it.
Aren't we used to the price fluctuating by now? Whats with all the crying/moaning about price bubbles, crashing, inflations, Russia, China blablablablablablaaaaa!
Jeez... Do some research before posting, I saw one post which got LOADS of attention, yet the first post was done by paint, with an unlabelled graph which showed wrong data!
This is getting to the point where we are affecting newer members or gullible people into selling/dumping all their coins instead of keeping them. I mean when I come on the forum, I see that its crashing, why would I buy in?
I think we need to stop giving the panicking people attention and focus more on positive sides.
We don't know the reason why they often said that things. Maybe you have a point in that matter, it is their tactics anyway, for believing bitcoin will drop at the price below 800$, of course if that happens they will buy more bitcoins, when things is done accordingly they will wait for the price high. Another reason is they are simply trying to discourage people from getting into bitcoin by slowing adoption they can do what they want, if their goals is to get more and cheaper bitcoin then spreading those new helps them by buying time, if what they want is to debilitate bitcoin then that is good tactic too since the less people that hold bitcoin the weaker it is. |
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so what's the minimal amount to invest and get about 5$ per day ?!
If you want such a small return then I think it is better to just work for it than to try to get it from investment, even if you could get 1% daily you will need 500 of capital and unless you are really good at investing those number will not be easy. |
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so many ways to generate free bitcoin, but it requires an Internet connection. Well, faucet be an option for any beginner to get bitcoin. it is not wrong, if you're able to take advantage of it, you might be able to collect and make a lot of bitcoin by way of trading, or investment from the faucet that you collect.
We all know that faucet sites are a waste of time. In my opinion, the best way to win a bitcoin is to participate in signature campaigns. Apart from this, there is nothing free in life. As a result, we spend electricity during the time we spend on the screen. Creating quality content is a form of production. It is not possible to earn money without producing. Even the earnings we get out of signature campaign is not free since you are doing a job to advertise them, lets get this straight bitcoin is money and there is no such thing as a free lunch, we need to earn every single satoshi. |
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Can we never know who this address belongs to? Is it impossible to find the addressee's identity? And why do you want to know that? Knowing the addresses with the most bitcoin may be relevant as a trivia or something but we don't need to know the identities of those holding those coins, I don't see a single reason for that information to be relevant. |
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it is painfull to see someone loose so many btc's, trading is always risky and shorting is too.
It will be painful if it was my money, when I see someone else losing that amount of money in such a silly trade the only thing I can think is why you took such a decision? When it was very obvious the market did not agree with that vision, you tried to outsmart the markets and now you are paying the consequences. |
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It is so interesting to see how many people believe someone is "controlling" things. I guess it is the way humans tend to think. It reminds me of all our history. In the past no one could fathom that the weather was largely random and invented Gods to make sense of things. I suppose they wanted to feel like they had a sense of control. "Maybe if I pray hard to the god who controls the weather he will help?" In reality no one controls the weather.
I think that is just human nature, it seems difficult for some to accept that things just happens and there is no reason for it, that is a very common thing that happens to those that survive terrible accidents and then they think they survived for a reason when in fact it was just luck. |
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People by nature always afraid of what they don't understand. And when you mix together money, math and technology - three areas where individually little who knows, not to mention to be a specialist in all three - enough to make anyone scared.
Over the next few years you will often read how many smart people will try to deny it. They will tell you why Bitcoin will not be able to achieve success and realize the full potential. It would be awfully smart people, do not misunderstand me, not some morons. And because they are so smart, they come up with a lot of very smart reasons why Bitcoin may fail. They will tell you that it is a bubble. They also will tell you that the bright future of Bitcoins, you can wait forever and never have to wait.
Don't believe. Learn Bitcoin yourself.
This also happens because people are too set in their ways and they cannot think of anything else working out, I remember the first time I saw bitcoin was on a television program about economics and they were saying bitcoin could not work and that some changes were needed as you may guess they just described fiat in their arguments, in their minds nothing else can work. |
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Hello;
I'm new in bitcoin and like to start investing on it .. I have about 50$ and want a good company to invest on it ..
I made some searches but don't know where to start ..
Can anyone help me ?!
Thanks alot
50 dollars is not really much, if you are willing to up your investment as time passes on then you could use those 50 to begin to familiarize yourself with the bitcoin economy but if that is everything you want to invest I would suggest you to wait and raise more capital. Yes indeed it is a small amount and profit earned will not be great but it did not matter because he had just want to start investing in bitcoin, it can minimize the risk of loss. Saw a lot of investments that scam so it is better to start with a small amount. But you're right if the investment is correct and can get a profit be better to increase investment We all begin somewhere that is true, so he could use those 50 to learn the ins and outs of trading, but it is not really a great sum of money, because no matter how good you are at trading you cannot expect to double your money every day. |
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