I generally think that ETH Classic is no longer interesting to anyone as a technology. I think that only traders buy it now to sell it. Now ETH Classic still has some kind of volatility that helps to earn some money
As long as the digital currency group owns close to $100 million of ETC, they will do their best to have it remain relevant, but when they back out after having dumped their bags the price will freefall for the rest of its existence. It's kinda sad because I still consider ETC the original Ethereum. In this space however being original or not original doesn't mean anything.... the only thing that matters here is what the economy within crypto considers to be the original coin. If you held ETC after the split thinking it will do well or take over the coin continuing with the ticker symbol ETH, you lost a lot of money and Bitcoin ratio. In other words, don't go against the economy's opinion. It will rekkt you. Ethereum classic is a good coin and you do not need to feel sad for it. Rather celebrate what ethereum is doing. I am looking forward to its next release and it is good to see that the development does not stops. I don't think that the team will back out. There is no reason to. Ethereum Classic is a bit old and my suggestion is also ethereum. It is the current king of altcoins and beneficial too. |
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mass adoption of bitcoin?
obviously! it has been growing for 10+ years starting from the day it was created and we still have a long way to go too.
There's been growing attention to bitcoin, but I'm not so sure adoption has been steadily increasing. I still don't see a lot of physical stores that take it, and even online adoption for purchases has stagnated. There have been a number of businesses that have even stopped taking it. Things are much better when compared to 8 to 10 years ago, but adoption has leveled off in my opinion. mass adoption of altcoins?
not at all. it has not even started adoption, let alone mass adoption because none of them have yet focused on utilities and usability so far.
You're right about that, except that alts make good trading tools but that's about it. There are *very* few businesses that accept altcoins, and percentage wise you could probably round the number down to 0%. And I doubt that's going to change in the near future. It'll probably never change. Altcoins have not gone mainstream, not yet. They are still too young and have a long way to go. Currently, all the digital currencies are serving the purpose of assets, which when invested in, return good amounts of benefit. Even bitcoin is not being used as a currency. I think it is good for us. First we should make some profits and then enjoy commerce. In future, things will be different and as you said, adoption has already begun. |
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China is considered as one of the most important players in cryptocurrency market. Neo, Ltc, Ont, elf. Since the announcement of the president of China regarding blockchain technology, most of these coin had a good growth and as an investor we know in cryptocurrency it's all about the big news . If you invest in these since the news you would make a good profits.
If you plan to buy altcoins, then I have two pieces of advice for you. First, this is the right time to do so because all the market is suffering a dip and second, please pay attention to this one, make bitcoin your top priority. Try to invest in bitcoin as it is capable of producing far more profits than any of the altcoins. There are good altcoins, no doubt, but none can match the king of crypto currencies. |
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My advice to you, always expect a recession.
Even if you have to wait a long time (as practice shows no more than a year), however, before the growth, the price is always pressed down to buy as cheaply as possible and put as many people into the boiler as possible. This is a key factor that will allow you to maximize your profits. Take your time. Crypto market is in no hurry, feel its pace and move to the beat.
Just hodl it, recession is always there. Since bitcoin is created there were times that the market crashes each year bitcoin may at its lowest price than it could be last year and the next year will be bull run, market is uncertain. You may also invest in other altcoins so that when recession ends all of your coins will pump too, as they all depends on bitcoin status. Holding is the right thing to do. The only way to make money out of bitcoin or any altcoin, it is a must to not sell out coins during the downfall season and hold them for a long duration of time. The time actually depends on the personal preference of the owner. As far as he is not selling during dips, all sorts of holding will return huge benefits. If someone is holding bitcoin, he does not need to think about altcoins. |
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I have
XRP: 30%
Ethereum: 30%
and 40% on Bitcoin, I am preparing it for the possible bullrun that will happen next year. And while I have extra money I keep adding to it because I know this is my coin that will lead the Bull run!
All the three coins are good coins but I think you should at least have 50 percent of bitcoin. Decrease the number of XRP and ethereum by 5% or more and increase your bitcoin holding. Now that bitcoin has decided to rise, having a larger number means getting a larger profit. When the bitcoin will grow to 15k dollars, sell out some of it and recover your percentage of altcoins. |
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He said the market is crashing and Bitcoin is going to drop even more. Bitcoin drops and says he's amazed and it's because bitcoin market is manipulated by whales  So when the price is falling he's fine with that and the price is not being manipulated but when the price goes up against his prediction it's because of manipulation. He should read this and think about what he's saying. He's like a kid who can't admit to being wrong. Another Craig Wright. Nothing surprises me if there were personalities who would just simply pop out and making their own insights and predictions towards bitcoins price. They do say all the things they do have in mind but without even thinking sensibly if its self contradictory or not or just making themselves like fools into the community. Manipulation can either happen while pumping or dumping. Peter Schiff is not just a new personality in terms of this statements. He is not a random person who says his piece on the Bitcoin market. Peter Schiff has earned popularity or attention in the Bitcoin market because of his utter hate of the technology. Because of this, I don't think we need to respond to his statements as if they are worthy or objective. They are mostly hate-inciting statements against Bitcoin. For a person who is fond of technology and enjoys its innovations, Peter is more or less like any random person because we don't really care about his perceptions. He has this habit of looking at the bad side only. Everything has its own pros and cons. Why can’t he just be a bit more optimist and relief to everyone? Bitcoin has helped people financially, saved them from troubles but here he is, just uttering nonsense. |
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An investor, thinks well of how he can do passive income, he's not only depending on his fix income, but he's not wasting his time having a passive income, while a common man, most of the time, only thinks of how he will get a job, and don't care much on having a passive income.
Let's make things simple. Investor = Entrepreneur Common man = Employee Investors invest their money (obviously) on something, for example is business, because their mindset says that they could much money with creating their own business to have passive income, which is entirely true. Common man, yes, this is the typical person living with his mindset "this is enough" as long as he is earning money supporting his daily needs and don't have any particular goal in which he could make his life more better than his common life. Yeah, that is really their difference, most common man are already contented with what they are doing, what they have currently, they don't want to take risk, they don't want to have responsibility, they are afraid of losing even a small amount of money but when it comes to gadgets, they prefer the most expensive one. They are not really that afraid to lose their money, the thing is they don't know where to spend it, their mindset is the simplest form of all the mindset, the term is "scrambled" they don't know the difference of "needs" and "wants" therefore yes, they value more about their wants over their needs resulting to financial crisis in which also triggers inflation, sorry for being off topic but that is the harsh reality. Common man moves based on the majority, on the hype of the society, and that what makes them useless by not contributing any helpful things in the society. Apart from the group a person belongs to, generally speaking, we all should be careful about our money and fear losing it in some risky unknown territory. Majority belongs to the common group because their investment is not out of research but based on the hot topics and latest news. They care less about confirming the words and eventually make the most blunders. Panic selling is the most dangerous one. |
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in my opinion bitcoin can live alone, precisely altcoin which cannot live alone, because in most cases it's almost the same that when the price of btc goes up, altcoin also goes up. so I don't think that bitcoin cannot live without altcoin.
far this altcoin is still dependent on bitcoin in my opinion. because if you look at price movements, when the bitcoin pump altcoin starts the pump too. but if in the perspective of the market, altcoin it becomes one of the choices for traders. with many altcoins that can make trading more attractive to the public This is the biggest truth of crypto coins’ world that all the altcoins highly depend on bitcoin for their performance and progress. If bitcoin is not going bullish, it is impossible for even the king of altcoins to prosper. People who understand this much are not losing faith in altcoins. The investors of crypto currencies must keep themselves prepare for all sort of situations and make bitcoin their priority. |
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I think this was just one of the increases, there will be another increase not too long from now, I don't know when and I don't know how and I have certainly no clue why people say there is one when it happens (people make up reasons all the time whenever bitcoin goes up or down) but I know that the price will go up once again.
Looking at the difficulty and the hashrate there is absolutely no way bitcoin price stays the same when halving happens, there is two possibilities either the big miners will mine no matter what while making a loss in order to get small miners away and make them stop their equipment or the price will definitely go up a lot.
If the price doesn't go up and big miners mine for a loss then small miners will only close their equipment while its unprofitable and will open back up as soon as its profitable so I feel like price going up is a more realistic approach.
i am not really sure about another boom coming next. this kind move happens once in a while , we can see it the similar thing happened in the last big movement where the sudden move up did not happen twice thrice or so. bitcoin style is one big punch staright , i mean like in 2016/2017 where it moving from $500 to $5000 real quick at once within a week. can we go through this market swing now and get another boom? i don't think so. too early for bitcoin halving warming up , the support is just too weak at least for now. So you mean we should wait for future to tell? That would do no good to us. Better would be to learn and understand the digital market instead of wasting time waiting for the boom to happen and then regret when that happens. It is nowhere near to early. Honestly, bitcoin has already come a lng way and it holds far brighter future than any other asset and currency. Invest in bitcoin. It has the habit to not disappoint. |
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Trading is really hard and I cannot say not to panic or be afraid and just keep going, to just trade and trade and ignore your feelings, because that will worsen everything, so the least thing we can do if we are not feeling well, worried too much is to relax and stop trading for a while, have some rest, go out with your family and eat your favorite food. Make sure to clear your mind before doing trading.
Trading is not hard. Once you have a lot of knowledge regarding your profession, then it becomes easy to take right decisions at right time. In order to perform better than others, you need to spend more time trading as compare to them. I also don't think that we humans can ignore feeling, we should take every sort of experience positively. Mistakes give lessons. In digital market, choosing the right coins matters the most. I suggest bitcoin. |
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Peter Schiff ruthlessly shatters the dreams of Bitcoin holders who hope that the top coin will reach new highs, reiterating his point about market manipulations.
Peter Schiff, the CEO of Euro Pacific Capital, is not amused by Bitcoin's latest 40 percent price revival.
The world-famous gold proponent continues to insist that the crypto market is being manipulated by deep-pocketed whales.
In his latest tweet, Schiff states that large Bitcoin holders want to protect themselves from the upcoming market crash by selling their BTC and using delusional holders to cash in.
After numerous pundits tried to wrap their heads around the recent market rally, Schiff took to Twitter to share his own take on Oct. 28. He believes that this Bitcoin turnaround had nothing to do with China and everything to do with whales "suckering in" gullible buyers.
Schiff rose to stardom by accurately foreseeing the financial market crisis in 2008, but Bitcoin price predictions might not be his thing.
As reported by U.Today, he claimed that the BTC price could plunge to as low as $2,000 on Oct. 20, less than a week before Bitcoin recorded its third biggest daily gain in history.
His $4,000 prediction, which was made right after Bitcoin's precipitous plunge to the $8,000 level, also never came to fruition.
SourceUndeniably price manipulation often happens in unregulated crypto markets. Do you agree in this economist statement or do you oppose? Do you believe that recent price surge is cause by manipulation or natural demand? The best part is that the article ends with stating how his speculations never saw the light of the day. Does his opinion even matter when none of his predictions were correct? The best part is that he always been bearish on crypto and he never turned out to be correct. What I have noticed is that traditional investors are pretty much pessimistic when it comes to crypto currency. The problem is that fundamentals are really different when it comes to crypto and traditional assets. I don't think anyone who did well in stocks can be equally good in crypto trading. I also cant care less about what this person has to say or believes in. so far, he has been just babbling nonsense. If anyone is paying a bit of his attention, he is wasting his time and energy. Crypto trading is totally different from stock one. The rules of trading remain the same but the rules of asset change. It is not possible to succeed in the world of digital market with old school of thoughts. |
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WHO need Bitcoin and Why anyone Will use Bitcoin? If we have stable coins wich You can transfer around the world all Ready instantly And They are stable. Bitcoin is Not money Bitcoin is gamble, One day You put money in Other day You might lose it. There is no clear way to predict btc price either. So Why we exacly need Bitcoin? Year 2019 who need Bitcoin?? Year 2020 who need? And who Will be using Bitcoin year 2025  Bitcoin Will lose all the power If there is no clear Reason Why would we need btc and how we gona use it. Day traders swing traders... Don't keep Bitcoin alive for too Long all They do is trading btc with each other, there is no profit but Will be losses. But look at the stable coins They are stable and have same aspects as Bitcoin has, so Can anyone explain to me who or why Will need Bitcoin? United nation have adopted bitcoin and claim bitcoin become charity to hep each other, after UNICEF receive donation using bitcoin now WHO or world health organization adopted for receiving bitcoin as their charity, bitcoin have transparent when you sending or receiving your bitcoin, always on time for sending using bitcoin and have the same amount which how much bitcoin do you sent. These great organizations that are far advanced than most of the countries of world, understand the power of bitcoin. They know what future it holds. The more you will ignore bitcoin, the more you will be going to regret in future. There are times when USA tries to pretend as it has left bitcoin but honestly, bitcoin is highly cherished by the leading countries of the world. Transaction across borders have become easy. |
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BBC recently did a interview around the volatility of cryptocurrencies. I think we are still so early in this industry but I would love to know your thoughts about where we are going and how you think the landscape will change. People in the podcast include: Marc Warne, Founder, Bittylicious Jemima Kelly, reporter, FT Alphaville Dave Jevans, CEO, CipherTrace https://www.bbc.co.uk/sounds/play/m000676mThe volatility of cryptocurrency add ups both excitement and fear for the investors. You can consider it as a risk already from the very beginning you enter the crypto world and invest on it. Its volatility can be a source of fear whenever the price is going down continuously and has a high gap from the former price but you can consider it also as a source of excitement whenever the price is starting to grow while you have high holdinhs and bought it for a really low price. Just stay careful here in crypto always to make sure you make the most from it. risks and rewards, two sides that are always thought of by cryptocurrency users. everyone knows that with crypto people can benefit, and with crypto people can get rewards when they want to work. but we must never forget one side of the other, that is the risk that will certainly always be in cryptocurrency. crytocurrency volatility will always be discussed, because volatility can make crypto users happy when prices soar, and will make someone panic when prices fall. and I'm sure the future of crypto will definitely be bright, because more and more people are using it. Risks and rewards in the world of crypto currencies totally depend on the crypto coin chosen for investment. Choosing the right coin in aspects of potential, security, anonymity and support is the first thing to do. For avoiding risk, an investor should choose bitcoin. Volatility, in my point of view, is not anything like risk. The whole reason why bitcoin produced millionaire was its high volatility. |
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I believe that every good lesson starts with a good story and on this note, I want to tell you about the experience I had that made me cautious of "Get rich quick" schemes online especially those pertaining to Cryptocurrencies.
I discovered Bitcoin in early 2013 and although I didn't take it seriously at first, I was earning little money from it doing tasks online (pay for view, faucets and such), I took it more as a hobby and never intended on selling the bitcoin, I just knew in my heart that it would do great so I wanted to accumulate as much as possible without having to spend my money buying it (this was before I got into mining), fast forward to 2015 when the money doubling schemes were everywhere, I kept seeing adverts online and even though I knew better, I decided to invest in one of them (Avabitcoin) with the coins I got from my early days of discovering bitcoin, Avabitcoin was a platform where you invest bitcoin and they supposedly invest it and return profits to you on a daily basis, I decided to take the risk and invested for the first day, got back my money plus 12% profit, and greed overtook me and I did kept doing it for 2 more weeks before they vanished with my funds. I kept going all in even when I had already doubled my money.
If you want to avoid getting scammed online, you just have to follow the following:
Greed: Greed has led a lot of people straight to rekt, like my story above would have told you, I couldn't resist the pull of greed even when I had doubled my funds.
HYIPs: When it looks too good to be true, then it's probably too good to be true, when you see any investments that promise high yield returns, please stay far away from them, when you see genuine projects that offers returns, most of their returns are so low, some of them are average of 10% per annum and it's a wonder that we see platforms offering 10% and above in a day and we gladly jump straight into rekt, like I said, if it sounds too good to be true, then it's too good to be true.
FOMO: If not for the hype that Avabitcoin generated, I would not have invested in it in 2015, learn how to DYOR and avoid what others have to say about projects they seem to support, infact your mindset should be that everybody is trying to rip you off so if you always look at every hyped project with that mindset, you would have a clearer picture of the project without the blindfold of FOMO.
Rushing: Avoid rushing into any investment because you heard it's paying others, one of the virtues of a Cryptocurrency investor is patience, Cryptocurrency investments are high risk investments and you have to treat it like gambling, never invest more than you can afford to lose, never go all in on any project no matter how good it looks.
If you have any similar experience, please kindly share it, it might help others (especially the newbies to avoid being scammed by shady projects out there.
Indeed. Greed and rushing into any investment is the common mistakes of people who get scammed, that is why having patience and controlling yourself are the things that you should consider before investing your money in projects. Other reason why people are getting scammed because of ignorance or not enough knowledge in cryptocurrency, just because the project has great whitepaper, website and promising team members it cannot be consider a scammed project, that is why beginners in cryptocurrency should be guided and learn more for them to avoid fraudulent projects. It is nice to be greedy after gaining good amount of knowledge regarding one’s investment target. For instance, if a person has chosen bitcoin and invested good amount of money, then he holds it for long duration because he understands that bitcoin gains huge value with time, this greediness wont harm him at all. Being an ignorant and greedy is a deadly combination. This needs to be avoided. |
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If you believe in the bright future of blockchain technology and cryptocurrencies, the easiest way to earn money is just to hold crypto. I think holding Bitcoin is much better than buying shares or making Bank Deposits.
Of course, not all coins on the market are worth holding hence it is good to know the capabilities of the coin through the performance of research before investing and holding it. As said, Bitcoin is one of the best coins to hold because it has good prospects and as it gradually achieves larger adoption, its price and value on the market increases. Yes, that is why he said specifically that " holding bitcoin is much better", sorry to disappoint you but research will not always be there for you to save you on those "coins" that you are try to avoid. When you are joining an ICO, you are also doing your assignment on investigating all of the information you need to know about them to verify if their project is good to be invested at. And, if we are going to be honest, even the good ones (too much irony in here) became the worst one in the end beyond on your professional skill when it comes to investigating. In my opinion, holding bitcoin is not much better rather it is the best. Research is the most important thing to discover all the unknowns and this should be done before investing in a coin. It wont be of much use to earn after investment has been done. Knowledge is power. If on deep research, you find unexpected or creepy facts, then it would be better to not go for that ICO or project. Go for the trustworthy stuff like bitcoin. |
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Is it true that a friend recommended me to buy digital currency for transaction on SunCoin platform and only need to pay a deposit to operate? Because this is my first contact
I will advise you to ensure that, you spend the capital wisely. The website you just showed has no reputation as I search the internet. Its better to invest on what you have trust in and not any how garbage. Never invest into what you can't see as a progressive project, there are many active project to invest or choose Bitcoin to invest in. I will give him the same suggestion. There is no benefit at investing in such projects. It is good to have options and watching the digital market expanding, but it is hard to trust and rely on new ones. If someone want s to make good amounts in a working way, he should just go for bitcoin. It has never been a disappointment. Even after being lashed by world’s most powerful countries from time to time, it is progressing. |
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And with gambling, it might not affect us physically, but it can financially. We can say that one is much worse depending on the effect it brought to a certain person's life. Smoking can lead to sickness while gambling can lead to loss That actually remains to be seen The harsh truth is, gambling does affect us physically. Indeed, it is unlikely to cause lung cancer (though who knows, especially if you are a chain smoker, and partly or fully due to your gambling habits). But it still affects our mental health, and the negative consequences can be far worse than from cigars or smoking in general. People don't commit suicides because of smoking but they do because of gambling, apart from a host of other severe problems that literally destroy human lives in the most physiological sense of the word There is no doubt in it that gambling damages health of a gambler in its own particular way. Though the player will never get a direct hit which he can sense over his skin, but he will be facing mind troubles. Gambling lays a huge pressure on one’s brain. The loss of money is a big stress. It is not shocking to see gamblers taking their own lives due to their disturbed mental health. Gambling is dangerous indeed. |
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Dear all,
I bought 2 BTC when it were 18k USD/1BTC and lost all my other assets with BCC 400usd.
I still have been keeping them with the belief that it will recover and over 20k.
it is too long time and that makes me so tired, i need money to invest a plan,but there is no money
Do you have any idea?
thanks
The waiting is indeed tiring, Bitcoin is now fast recovering but the $20k is still questionable, so you can get even, we can only hope, in fact we have high hope, because of China's announcement and Bitcoin's coming halving, you have already waited for over a year, why not wait for more for another 7 months, but if it is emergency you can sell it anytime, although you are 50% at lost it's better than today's price than when you trade it below $7000 Predicting the exact date or time is not really possible for sure, but like you said, we will be having a rise soon. Bitcoin is just taking rest at the moment and it will gain huge value in coming days. Just a little bit more patience and holding can improve financial health of holders. Moreover, there is no point in hurting yourself during dips. Declines provide us with the opportunity of increasing our bitcoin. |
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I am not really sure about the position Africa has in the list of countries with advanced technology. But Africa has the equal opportunity like every other country of the world to change its fate with the help of blockchain technology and crypto currencies. Nobody is stopping it from this. People of Africa can invest in bitcoin and improve their financial standard. They can create new thing on the basis of blockchain, totally up to them.
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Aside from monetary incentives in crypto, I rarely come across discussions pertaining to why the average enthusiast in crypto is involved in crypto. While the answer may be pretty straightforward, there are some outliers.
Crypto means much more than just monetary incentives, it's essentially a technical revolution that has involved the masses, something you and I can be apart of. Ultimately, that's probably one of my greatest interests for blockchain and crypto. Another big intrigue for me is the evolution of blockchain tech in itself. I've been around for quite sometime and have witnessed the evolution of cryptos, businesses, behaviors and attitudes.
These 2 factors, along with several others, are the reasons I continue to be involved on a community and business level with crypto. It's become a hobby, passion and business for me.
Haha true, not enough non-money based convos here  (i hope this becomes a high quality megathread) Mostly the same for me, hobby passion, business. tho it grew into a business #1 over the years in my situation, whereas it STARTED as a hobby/interest I got hit like a truck by BTC, the day i realized this was the first disruptive tech developed since maybe the internet itself  It was sad to watch some nations embrace the tech (Japan), while others got super scared of it (india). its coming around now everywhere mostly tho I live in the middle of nowhere in far North Canada, theres no opportunity up here but meager labor jobs, Blockchain (thru mining for me personally), became a career funny how it works out, my great grandaddy was a miner, tho he carried a literal pickaxe, i like to think im the same, just in a digital age  This tech is/will continue to change the world, and ill be here to help process transactions to help (and make a living for my family) all the way It is impossible to ignore crypto coins now. They are becoming the trend. We have witnessed people becoming millionaire with the help of bitcoin, the first crypto currency. Not only this, but all those who invested in bitcoin and stayed with it through harsh times, were able to improve their financial standards. At present, trustworthy crypto coins are a source of income. Everyone wants to become rich. |
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