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Just jump in and start doing the trades. You are your own master and only you know where you can mistakes. I am great believer of self learning and when it comes to trading who can tell more about your emotional decisions and fears that can take over your decisions. I mean come on, if I'm making any trade and there is a method which states me that you have to sell when the coins are dumping but my mind says no this coin is good and it's worth holding then what would you do? You will sell or you will hold? Off course it has to be hold because you know about the coin in detail but the method is just framework of different steps. That's why believe in yourself and jump in bro. That's the best advice.
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I think you are speaking in general terms that whenever there is bad news going on then it is sure that bitcoin or any crypto currency about which the bad news getting spread will go down in the near future. So it's better to leave that trade immediately. But I think that's not the case always because leaving such trade at position where you have not gotten any profits would be unrealistic to follow. That would be pain in the ass. Many times it happen that such trades do fall down but in very short period of time they get up and they go beyond expectations. It's better to hold in such time.
Mathematical assumptions are also important while making the trades. FUD and stuff like that will always keep happening.
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Well, your submission is not far from the truth and that is the only factor that will help grow the market value of bitcoin not doubt.
Holding is one of the main purposes of bitcoin. I'm also attracted to the opportunity to keep my savings in bitcoins. I don't care about the price. I'm more interested in protecting my savings from inflation and from banks. We never know when a Bank could go broke and disappear with our money. Ahm! First of all what you talking about is the process of storing your assets in terms of store value. Bitcoin being the store value here and its price is regardless of that because over the time your bitocin stays as it is. However, I don't agree upon using bitcoin in that way because it's not the real prupsoe of it and it will surely kill the bitcoin over time. Just imagine what happens when people are storing the fiat hidden from the government called as black money form. This disturbs the whole ecsosyemt of the country and thus development halts and we get pressurised about not having proper development, amaenties and much more. Same can happen with the bitcoin over the time if it is held as it is. If it did not move from one place to other then it will not grow. |
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Bitcoin is not just about the profiting yourself from it, but it's more than that. The prime importance is use of the same for easy transactions, supporting your transaction with lots of confirmation which are stake of proof and much more. The earning ways from bitcoin has formed just recently and before that it was just known to be effective way of transacting, sending money from peer to peer. Poor satoshi never thought that his own currency will turn into giant ball of store value. But we have to accept that it has become a way of earning money, storing value, trading, transacting, and much more to follow in the future as we pass.
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Bitcoin is also the equivalent of money. Is it easy for you to make money now? I don't trust anyone who offers an easy way to make money. This is either a Scam or an attempt at your expense to earn. Newbies in bitcoins do not understand this, so most often become victims of scams. My advice is never to participate in a project if you are offered easy money.
It is better to understand that any projects offering you money is like offering you paid enrolment which will later turn out to be scam as by that time those scammer will have raised more funds than what they paid for the enrolments. Thats bad thing though. Well, why not get involved into the projects which offers clean roadmaps, high visions and great team supports. Such projects do exists today but we have to be keen while choosing them. Its better to start with small things like campaigns and if you are noob then you can start with some of the bounty programs initially to get feel for what campaigns are how they work and much more. You can train yourself step by step and work smart later on to earn decent money rather than getting scammed in projects. |
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Expectations. One of the problem that many of us here are dealing with. Even with bitcoin, if only I had sold it at 20k dollars then I made a lot of profit now. But as a holder you are expecting more specially when you have loads of it. You can feel every increase even if it is just for a dollar or a cent. They say it is just because they are hoping for more. Well, I call that greed.  It is hard to learn to be satisfied, mostly traders have this kind of attitude, you always want more. Exactly! That is why we don't need to rush things, we can still do better, price can still go up, if people did not withdraw their coins when the price hit $20k and we are still holding that time then maybe the normal price right now is $20k + but we cannot blame people, it is their choice. Yeah it might just turn out to be hog in cog that people will hold all the time. If they would have been holding even when the prices are dropping then, wow miracle will start happening in the crypto currency because it will make the prices of bitcoin grow and grow forever. Do we need proofs for such holding process ? Then imagine people from the old days when thy bought the bitcoin at couple of dollars and forgotten about it for years to come. Later I the time they found that they were millionaires because they just hit the jackpot when prices per coin were increased. That is the thing, when we know about it then we get nerve wrecked about it and when we dont know anything about it we are just playing around it. Thats why ignorance is bliss. |
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Its good for us as it will act as mere filter for the end users. The lesser the shit coins the more is the chance that we will be hitting the good coins for trading or investing into. Such cleaning must be don periodically so that we will understand basically which coin were not making any progress and whether we are having our own investment into it or not. This is kind of clean up operation that should be taken in good way. Bittrex might be doing this in their own maintenance purpose as handling such low volume coins would be unprofitable for them as no one might using them thus making it non profitable for the exchanger itself. So I think good decision.
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work not too hard You also have to pay attention to health condition that you have and not only that you also have to give your time to interact with family and your wife therefore work smart and professional very penitng to maintain body condition and family harmony.
Yeah you got it right and that is why we should be paying attention to the smart work in our life. Smart work should be such that we dont make our family disappointed neither we make our work balance go worst. Everything should work hand in hand and thus we wont end up doing one thing lot more than needed. This is the right approach to do it. Yes, we all know that hard work matters a lot but it has to be with some limits and we should not overdo it so that we will go away from our families. After all they are the one for whom we are creating all the wealth and better living.  |
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Freedom of payment - any amount of money can be paid and received instantly and anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.
Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.
Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.
Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.
Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.
All these and we still lack many things. The bitcoin value is still unstable and we can not use it for routine purposes. I am not sure if you are thinking about this issue on broad sense but I think it is the reality now. Just imagine how many merchants are really their in the world who accepts the bitcoin payment processor right at front desk? You may say thousands of there but I think thousand is not the great number when we talk about the global acceptance of the bitcoin. It has to be far more than that, it must be legal tender everywhere which government doesn't allow yet. Not in the developed countries and neither in the developing countries. I am not saying all the negative stuff about the bitcoin but the thing is these are disadvantages of the bitcoin over the advantages that you have mentioned. We need lot of work to be done yet. |
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I invested $100,000 into ETH when it was at $800. I was wondering if I should sell and re-buy or hold? Will ETH reach $800 again this year?  Wow this huge amount to put into the ETH in single shot. You know that there is concept called as "Whales". If you do then you are just granted the award of whales with such huge investment. But wait, whales are usually smart people who have both investment as well as brain that they can use before they make any moves into the crypto currency. Now tell me which part is really confusing for you? That your 100,000 USD investment is just lie or you are just trying to play around and look what everyone relies here. I am not sure if you are speaking the truth or not because before making such huge investment you could have thought about it 100 times at least. Also dont bother selling them, because there is noting to sell. |
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Bulls, Bears, Summits, Volatility - Oh dam yeah thats nerve wrecking mood swings I would say. As usual we can just keep calm and watch the market make its moves. Yes we are filled having some idiot crowd which think that they are making bright moves by selling the coins at lowest point which they should be actually holding in the situation like this. Dont know when they will really understand about this method of holding and supporting the market itself. I am really hoping that we will reach the Data point 3 and 5 real soon by breaking the resistance in the way of bitcoin. Yes, that is where we should be reaching by now as we surge through the time. No one can guarantee that there will not be any impulsive transactions or things like that as I said the market, the people, swings!
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Obviously they dont want to loose their jobs because of the crypto currencies. I mean if people starts using the crypto currencies over the other fiat currency then how the banks will run int he future? If everything started happening free of cost then how government will get taxes and how they will have their servants paid in the salaries? Have you thought of all these things. Do you ever think that how much stress these people are having at all. I dont think that people are thinking about this in such manner which is far important for such officials or government people or banking managers. You see must the connection between these to know criticality of this.
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Based on Bollinger Band and Trendline we can easy see the price of Bitcoin is in downtrend but now BTC have very strong support at $7,100
Opposite, BTC is resistance at $8,700 ; $9,100 ; $10,200
My prediction, the price of Bitcoin will fluctuate in price range $7,100 - $10,200 in 2 or 3 next week to accumulation for new pump on April.
What is your opinion? Please discuss together.
I agree with the support and resistance levels, but what guarantee it won't break support and free fall to $5000 or below? it could go either way, couldn't it? what part I should be looking at to figure out which way it would go next? Somehow I have same sort of confusion with me and I would like to know more about it as I am not having much of the technical knowledge reading this chart thing. Its not my type of analysis. What I do is just look at the market alerts everyday, what they say over the forum, what is trending in the steemit top bloggers and with little trust on CNBC I look after that too. So you see im really boring guy with traditional methods of finding out what bitcoin will do next. This graph looks cool as matter of fact and gives me motivation for now. Hope that it will come true and we will see some cold beer soon. |
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In my opinion, BTC is not a traditional currency like gold and silver because it does not have any use value, so it is not a credit currency. It's basically just one use, money laundering tool. The tool explains why bitcoin prices are spread across the country and abroad. Domestic money is changed into bitcoins and then physical transportation to overseas exchange for foreign currency escapes regulation and the cost of money laundering is lower than before, and the risk is low.
Woha dude! BTC has no value? Really, then what I am doing in the crypto currency anyway? Dont you see that millions of dollars are put into crypto everyday. DOnt you think 8000 USD is value of bitcoin at all? If I am making investment into it then it doesn't mean that I am doing money laundering. For God Sake I would have been into jail by now because I have legally filed taxes on the bitcoin transaction that I have recently made. Lolz. If that was possible then do you think my money is black money and I should be guilty of it? No, you are mixing lot of things together and making it look like that way. I dont agree on that it is a money laundering way. |
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i'm just curious if how many percentage of all the people on earth know about Bitcoin. in my country i think only 10% knows about it. post your opinion guys.
No one can give you exact data about this but let us see some stats: 1) I think that the number of people becoming aware about bitcoins must have went 10 times last year. Bitcoin received a lot of media coverage last year when it crossed huge levels like $10000, $15000 and even touched $20000. 2) In my country less than 1% of the total population is investing in bitcoins but I am sure that more than 20-30% of people here have heard about bitcoins. This is because it was covered in both TV news channels and print media recently. Better get straight to it! We dont know any numbers yet and we cant tell how many people are enrolled into the bitcoin. Just imagine a single person is creating more than couple of hundred bitcoin addresses thus number of wallets cant really help us. There could be a million people or even billion now after looking the popularity of the same. But we can just be wondering how popular it has become really and its forget about the number of people involved as it will need proper surveying of the whole thing to get stats. People come and go here, with ban in country thousands of crypto user get away from this world, so its hard to tell really. |
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What do you say of the new ST20-token based call Polymath? Will it succeed? Will it follow Ether's steps or is it better? State you ideas and make a discussion. https://www.polymath.network/wizardEven if Polymath manage to offer something more to ICO owners than ETH, it will take more than 1-2 years to move even close to ETH market cap and adoption. So, no - not in 2018 or 2019. I thought polymath was compete scam after there were numerous threads on this board about the polymath. I was going to invest into this project because I saw huge advertisements of the same on CMC and many other crypto related websites. That is what got my attention at the first time but later on when I started searching for more info then I found that it is just another ponzi websites taking off the investment of people. But uncertain world and uncertain promises who knows whats the truth really. I think to compete the Ether this project will have to gain the trust of people first and then we can talk about the developments and stuff like that. |
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I was thinking on some news i read a couple days ago some news about the bitcoin price manipulation. What would happen if we make a coordinated trading whit a high number of tradings partners explaining better buying and selling at the same time with all tradings partners buying will grow up the price and selling will down the price in some way the price will be predictable it could work better in low price cryptocurrency like NXT on USDT to manipulate the cryptocurrencys price a high amount of money is necessary but if we dont have a high amount of money we need many tradings partners operating at the same time it could get the maximum profit for all please tell me if it could work
Of course it could work, this is what a pump and dump group is. Given that crypto is unregulated this is allowed (It's not allowed in more traditional markets) but you need to know that the people you're doing it with have deep enough pockets and are trustworthy. Someone can easily cash out before your target and then you're all left holding falling coins. That is really true. This is what happens in the pump and dump group if you trust them too much. I have tried few of the telegram groups and they really suck in the way they work. They are like joke in the crypto world where people sell before the higher wall is reached because they get greedy about the investment they had and this can turn out to be loss for you. Its better to learn from your own experiences or at least from the experience of others, like me.  The crypto is volatile and naturally it is pumping and dumping a lot so you can easily get your chance of investment by that way. There is no need to look for artificial opportunity like that. |
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Maybe it's a good idea to create a list of shit-exchanges we should avoid. Boycott them to death.
1. Hitbtc, truely a shit-exchange where withdrawals can take weeks or even months. They also have no support team you can contact and charge deposit fees.
2. Cryptopia, deposits will take hours to appear into your account and withdrawals can take hours, weeks or months.
3. IDEX, not sure if this falls in the exchange category but this thing is fking slow. You can't withdrawal your tokens without having $50 worth of Eth.
You continue...
4. Etherdelta! You should avoid it because its really complex to use and you can easily make a mistake.
5. Exmo! Withdrawal of money hanging confirmations to the mail simply doesn't reach, support said most likely spam filter, suggested to change the registration mail and at the same time it requires more than a bank when registering a mortgage, the verification was two times on exmo.com and exmo.me
What the hell. HitBTC is not shit exchange.  . Who said that they are taking time for withdrawals, you might be confused with something or you might withdrawing shit coins itself which are not having proper services at all. HitBTC is good exchanger and as far as im using it I am enjoying it a lot. Its user interface is also perfect for our use. I can bet IDEX sucks because it is itself looking like heavy load on the earth. Rest of the exchangers are average one and I have no comments on them at all. |
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The Latest data from Coinmarketcap shows that Bitcoin has been traded at roughly $8.283. Since the beginning of 2018, Bitcoin has witnessed more decrease than increase in price. The coin has experienced continuous plunges due to external factors, especially the rules, regulations and management made by the authorities of many countries. Bitcoin fluctuation has adversely affected the transaction fees and exchange rate with altcoins. It is highly recommended that the investors follow Bitcoin price daily at https://coinmarketcap.com/# NILNilecoinTeam Yeah this is what we need actually. Believe me these ups and down are the best thing that we are blessed with in the crypto currency market. Whether they are happening due to internal factors or external factors it doesn't, what matters is whether you are taking this as positively or in negative ways. Those who take it in positive ways are the one who keeps investing all the time whenever the market moves down. If not then you are really missing many things. Bitcoin fluctuation has adversely affected the transaction fees and exchange rate with altcoins. I think we can tolerate these things as this is nothing in front of the profits that we can earn from this method. Yes, one up to CMC, they are always good in providing us updated price. |
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Hi guys =D May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business? Actually, there is no much places to invest, and we can see the prices in these days. The price has been falling slowly, also we can see a lot scams related Bitcoin etc. We may can discuss about the coins there. I dont have any plans regarding the bitcoin and any related businesses. Im using bitcoin to create liquid wealth where I usually earn money in the form of bitcoin and convert it into the fiat whenever I need this money. I dont rely on bitcoin prices at all because if I need it then I cash it out at whatever price it is being tried in the market. The reason is simple, I am kind of guy who dont run behind the money and I always like comfortable life. So if im earning bitcoin then im spending it at the same rate I earn. If I keep holding it then I will visually lock my funds myself and I may not get those things which I always want to do. So my plans are to keep the investment liquid and nothing else. |
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