In altcoin trading,is day trading profitable or trading on a long term basis?
if you are an experience trader? " Day trading" is very profitable because altcoins price fluctuations every minute. To me long terms is not even good for bitcoin talk more of altcoins as the price can not face a directions continuously in a month this creates opportunity for day trader. |
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The issues are: Deception, greed and indoctrination. Muslim started the first hate messages when they were told by their prophet that killing of a nor Muslims attract divine blessing and paradise. The same prophet said life is divine and his followers will pick those points and began to kill people thinking they doing God works.
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What are the threats for financial system from bitcoin?
The financial system for bitcoin are: Decentralization; because of this nature or characteristic no single country or individual can control bitcoin it has live of it own. Low fees; because of high fee charge by western union money transfer and moneygram etc. Bitcoin financial system come to resolve this by offer low fees on transactions. |
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Your transaction will get confirmation fast but to revise the fee charge I doubt for that. We have to be always be details when ever we are transactions with crypto currencies as the transactions are mostly anonymous and decentralized. Though I wish your money should be revise but this should be a lesson to all of us.
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There are two name for fluctuating of price, Price going up is bullish and price going down is bearish. And name for traders are pigs because there are many traders lost their money on trading. That is why we need system trading or trading plan as weapon and Shield for counter bears and bulls.  Bulls make money. Bears make money. Pigs? They get slaughtered Trading plan are the secret of professional traders. The pigs for slaughter the bears make profit and bull make profit it is the reality of what happened every day. If you study bitcoin price this days you will find out that bears has established strong resistance at 1285 dollar and because of this when price got near the power of bears force it back. The power of perfect money management principle will safe you from their powers. |
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Nowadays many people are starting to invest money on bitcoin or the buy bitcoin..is this a good approach?
How this will influence us in future?
The popularity bitcoin has generated since its creation is a force to record with. My advice to people from third world countries is to keep buy bitcoin and hold as in ten years from now bitcoin will determine who control world Economy. If you study bitcoin very well you will understand that from the beginning it starts with a very humble price not like other money that starts on a proud nature. |
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ETF is an exchange trading fund. Like stock is an investment to be trade in stock exchange market. Who control it should not be a problem to you as bitcoin is a crypto currencies that is decentralized but ETF is centralized because there will be board of Directors and CEO before it can be register with sec.
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Op with bitcoin I am fine! We would never have a perfect human system that will not be limit by greed and selfishness. Bitcoin as a pioneer crypto currencies has tried to resolve money market issues and problems to a large extent and I pray it should be accepted as money worldwide one day.
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This are technical issues as converting your bitcoin to others crypto currencies because bitcoin crash against dollars is not always a wise decision from experience. I noticed that bitcoin and eth move in parallel against dollar, what this mean is that when bitcoin is weak against dollar eth and others altcoins are always weak against dollars too. So you have to test your thoughts first on live market sir.
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Pakistan, Iran and Iraq do not charged taxa on bitcoin trading. Though there are many other countries that did not charged taxation on bitcoin, forex and others crypto currencies! I am of the opinion that bitcoin should not be treated as a property because treating as a property will undermined it value as a currencies. You can not tax dollars therefore bitcoin should not be tax too.
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The expert that was as to offered for cooperation may have done that as an assistant to the cooperation and not as bribe. The same ways people like bill gate, George soro are offered dollars to offend and less privileges, Bitcoin can be used for the same purpose. Give bitcoin don't matter what matters is the motive behind your giving. |
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I have think of it and i have save up bitcoin just a the small amount because i have plans for it to have fun like travelling didn't even save it for future purpose. so i wanted to know what are you going to do with your bitcoin if you save bitcoin. Why do you save bitcoin for? and why? what is the purpose why you save up bitcoin to your wallet and not to spend it.
I am saving bitcoin because I am very optimistic its value will increase in near by future exponential. When bitcoin was $10 many people thought that it value will not increases but now bitcoin is sold above $1000 so to me investment in bitcoin is investment into the future. I am planning to keep some value of bitcoin for retirement benefits. |
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Is making a bitcoin exchange a profitable business? Has anyone have any experience?
And I don't mean an online one, but a local one where people can go and buy/sell bitcoin.
What do you think?
I can understand that it will depend upon the location, but I think it can help in inviting more people to bitcoin too, right?
Good idea from my area few people know about bitcoin. Maybe by open a local exchange offline many people will come to know about bitcoin and others crypto currencies. I will still use this opportunity to ask this question. If a local exchange offline is open as a business who will one secured that kind of environment and what are the risk involved?. |
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So yeah, yesterday I sent a transaction of 18$ to a guy, now when I told him to delivery service, he said I didn't send and when I checked it shows 0 transaction and 0 balance
Ok, and all transactions are getting unconfirmed with even 2$ fees, I have now to pay 1-10$ each time when send transaction also seems like blockchain is down, it doesn't show the balance when the transaction is left the wallet or so it double spend automatic
Well I have to say this is the end of the bitcoins, seems some merchant doesn't accept it anymore, well good job bitcoin dev.
Merchant are not accepting bitcoin as a currencies because bitcoin is been treated as stock, gold and others commodity. But going through bitcoin white paper one can easily find out that bitcoin was created as a crypto currencies but people are now treating as property, this has gone in a long way of make investors to undermined bitcoin value. |
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If it get approved good for buy and holds traders as bitcoin price will pump up. But let look at the rational behind why if it get approved by security and exchange commission it will affect bitcoin in a long run. Bitcoin was created as a crypto currencies, ETF approval will make investors to see bitcoin as stock and and precious metals and in doing that bitcoin value as a currencies will be undermined.though for now it might be approve.
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Though trading is very risky venture but I think the best way to make bitcoin now is still trading. There are millions of useful materials online that you can use to develop your skills and knowledge on bitcoin trading for free what you just need is to create time and little Satoshi and you are good to go.
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If you are a long-terms investors I will advice you to buy an hold know as the volumes of people or traders buying now are higher than people selling! What this mean is that on the long-term bitcoin is bullish. Likewise if you are a short-terms trader than wait until market make a little deep and buy then sell at the level when it is over price. Goodluck friends.
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I thought at first that Bitcoin will be a currency to be used in the future. But from what I am seeing here is that it will be treated as a stock, it is even compared to gold. What do you guys think?
you are right. I don't know the rationality before people compared bitcoin with gold and now pushing for it to be approve by Security and exchange commission (sec) to be trade like stock on American stock exchange market. Speculation has set their minds on ETF approval or not without thinking that treating bitcoin as stock will undermined it value as a currency. |
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i think is very imposible bitcoin can reach 10k dollar in 2017
if bitcoin price incraese until reach 100k dollar bitcoin can die, because fee sending is very big, if bitcoin price incraese until reach 100k dollar
I think it is very possible with the current rate of growth we are experienced since the beginning of this year. $2,000 is achievable even before middle of this year. The only thing I think can stand as obstacle now is panic sell off, if ETF was not approved. My speculation is before or by 2026 price should be around $50,000 so the best thing to do now is buy and hold. |
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How do Bitcoin traders know when it's the best moment to sell and then buy again?
How to get that moment just before the crash?
How do experienced traders keep holding and predict the best sell time just before the crash?
In trading you either make profit or loses money. But they are people that can predict the bitcoin price movement up to 70% success rate. No one knew when to actually buy and when to sell but with proper knowledge on how candlestick work and some fundamental analysis expert you can predict bitcoin and others assets price to some level. |
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