from what I have seen in the past months that Steem was a thing, I see the in the beginning things were very good and you could make a lot of money from it just by making a crappy post there which was mostly because they were promoting the platform and also because steem was being pumped and had a higher price.
now that everyone is doing it, it is not that profitable specially since they stopped promoting and pumping it. now pumps are even smaller.
also I did some calculations and figured out you can make more money if you build a website or even a blog and put advertisement on it. if you really make good posts the traffic will come and you make more. but since most people can not make good articles and want the lazy way, they go to steem. and now steem articles are known to be for money so nobody pays attention to them even if it is a good one. they automatically lose value because they are posted on that platform.
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I keep my money with LTC and ETH.
then you are watching your money "melt away" as these two altcoins lose their value slowly and over time. I think to buy some BTC now. Should i buy now?
As for me, i think it will decrease to 6000, but then go up to 10 000
did you just answer yourself?!! this is always true about bitcoin no matter what the price is: it will always rise in long term. sometimes it takes a day sometimes a week and sometimes a couple of months but it will rise because nothing will change, the supply is still limited which makes bitcoin scarce and the adoption (demand) is rising since more people find out about bitcoin and invest in it. you should always be responsible for your investment. now is after a big and fast rise so it may not be the best time to buy but also it is bitcoin, it may continue rising like this for a couple more 1000 dollars.
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I would assume most intelligent people will avoid this fork, just like the btc cash fork.
it is free money, and they are giving it away! why would anyone wants to ignore such an opportunity? not to mention BCH was a new altcoin market which you could trade as a trader and benefit from the pump and dumps. Who with a brain would trust an open exchange with their btc? Not me, fork that shit!
well if you want to trade then you have no choice to trust exchanges with your bitcoin at some point which is most of the times that you are trading, placing orders, waiting for them to be filled,...
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only those who held their bitcoin on exchanges received this new altcoin called bitcoin gold. and because of that they were able to get the highest price possible to date for selling it. the rest who didn't do that have to wait until the code is released and the chain starts.
I think it should be any day now. they have implemented replay protection already (a couple of days ago) but I believe the mining algorithm still needs work.
remember to always follow their official website. btcgpu.org which I believe redirects to bitcoingold.org
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that is exactly what I was expecting the day I heard what the bitcoin cash attackers wanted to do. as soon as they forked from bitcoin like that it became clear that this type of fork is also a thing, and sadly in this world whenever you show these newbie idiots something is possible they start copying it over and over again.
and this is just a start. just like premining altcoins, just like ICOs, and like thousands of shitcoin forks from bitcoin and forks from fork of forks, this will happen a lot. and there will be blood too. most of these will fail to add a proper replay protection, they will release buggy wallets or even wallets with malware in them and people will lose a lot of bitcoin because of it.
good news is that since they are using bitcoin blockchain (140+GB) it is not as easy as all the previous old methods.
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0.01 bitcoin is a little small to think about investing it although with the price rise, the value of your bitcoin is rising fast. if you want my advice I say start trading altcoins. that is what I did anyways. looking at all the different ways of investment and all these "promises" of profit I found out that most of them are either scam or not worth it. there are very small number of them that actually are worth considering as an investment and those give very small amount of profit.
that leaves us with trading. and trading is not an easy job to do. but it is possible to learn it and figure out how the altcoin market works in order to make a decent amount of money each week. and finally to turn your 0.01 into 1 bitcoin. start doing it with small amount and try to watch the market and look at the charts a lot, you will learn eventually.
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absolutely not
most of these "signals" are fake. what they do is that they usually follow the market and when they see a pump they give you a signal, most of the times they are either way too late into the pump or it is a mistake which means you may lose money. and other times is that they give fake signals to make their followers buy some crap so that they can dump the bags they are holding. which is the classic method that the pumpers use for making money from their sheep followers.
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this made me chuckle ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) not because of the question that is asked but because of the answer that came to my mind and what it reminded me of. I remember clearly that last year and even start of this year when the question was asked about how much price is going to be by the end of 2017 I would have said $2000 or $2500 tops best case scenario but bitcoin being bitcoin means it is unpredictable and when the adoption hits and bitcoin receives this much media attention there is no stopping the price rise. so I say it is perfectly possible to reach $10,000 by the end of this year. and that would just be a start!
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base on the news that we read online a lot of different countries may or may not ban bitcoin. and we have been reading this kind of news for years and so far only a handful of countries actually banned bitcoin and they never even made the news.
as far as Indian news goes I see them adopting bitcoin more than banning it. the volume in that country is ridiculously high to the point that price of bitcoin was about $2000 higher than the current value that we see on the exchanges such as bitfinex last time I checked it.
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The best candidate for now seem to be HitBtc, I believe they will be the first to support it just like they did with BCH. Keep an eye on this page for now, more exchanges will be added after the fork. coinmarketcap link is good but since they are updating their lists with delays, specially when it comes to listing exchanges like this, I think it is not good enough for what OP wants. I remember they listed most of exchanges that had bitcoin gold market 1 day after the markets were actually active and people were dumping them already. the list on BTG website was more complete though. but since S2X doesn't have a website you need to stick to the news. and the announcements individual exchanges make.
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you can't mine with your mobile device! they just made a device (or a rig) with a lot of old versions of their mobile devices to show it is still a good and powerful enough CPU inside them to even mine bitcoin. with the current total network hashrate you can't even have enough to find anything decent. not to mention that cell phones run on batteries that are not designed to work extensively night and day.
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we can clearly see what end of this stupid scaling debate back in August and people like Roger Ver did to bitcoin. you can only imagine what things would have been like if they never existed or forked off a long time ago.
There will always be stupid debates, if not about scaling then about something else. These tend to suppress the price, but I tend to believe that some level of controversy helps keep Bitcoin strong and less fragile. yeah, well the biggest one to this date was this one and it really kept bitcoin back. I agree with the second part though. if it doesn't get out of hand and not get prolonged more than it has to, these disagreements can be helpful. it could even be Ethereum when newcomers do enough exploring to see the cool stuff you can do with ETH.
Except that ETH wasn't made to be a currency. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) ... and it was premined, and has lot of bugs (another DAO is always around the corner) ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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that tweet is 50% correct. bitcoin would have already been $10,000 or near that price and would have been adopted by a lot more if "it weren't for the 3 year childish fights over scaling bitcoin".
we can clearly see what end of this stupid scaling debate back in August and people like Roger Ver did to bitcoin. you can only imagine what things would have been like if they never existed or forked off a long time ago.
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sometimes these public figures that talk about bitcoin and make statements like this have other motivations behind what they say. to be honest I would not be surprised to learn that they had some government affiliation and was forced to make such statements against bitcoin. of course there is also always the possibility of them trying to manipulate the market in their own advantage to make some profit out of it. he wouldn't be the first one to do it for sure.
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to earn bitcoin, or to earn a living with bitcoin to be precise you have to earn large amounts of it each week. depending on where you live you may require different amounts. most people trade for earning that much, and trading is already a risky job to begin with and it is not restricted to bitcoin. so bitcoin didn't solve anything from unemployed people. anyone can trade other things such as Forex, stocks and precious metals to make profit from trading or as a job become a day trader. other people do other jobs such as freelancing and that also is not limited to bitcoin. you can freelance and get paid in fiat.
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you can day trade with any pair of coins, BTC-USD, BTC-CNY, BTC-altcoins,... as long as they are volatile and as long as you can predict the market you can do it and make a nice little profit every day. and fees should not matter much in this market since the volatility is much bigger than the trading fees these exchanges charge which is normally 0.2% by the way, so I am not sure how Coinbase charges their users, try their other website called GDAX which someone also suggested. it is more for trading.
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you say "innovation" I ask you where is this innovation in the thousands of ICOs that have come out so far and have raised millions of dollars as funds for their "innovation"?
the reality is that no ICO has ever raised money to innovate, they raise money for doing some coding that any idiot with basic coding experience could have done. those who really innovate don't ask for funds, they don't need funds. if I know I am creating something valuable I will get the first coins fair and square like anyone else can. I always give Satoshi as example and how he mined bitcoin aka his own project fair and like others.
all the developers these days that insist on a premine, or an ICO or any other kind of fund raising, they do not believe in their own projects so they want to get paid before other people join them in not believing in it.
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good. so now we know why the price is rising, we are finally getting rid of this cancer called Chinese exchanges and all their price-blocking bitcoin. even if is temporary before the come back and start everything from scratch. even a couple of months of China-free bitcoin is a good news for me. we can see a nice market shaping up and since this is the second time Chinese exchanges close and nothing changes in the world we may hopefully see the China FUD put to rest.
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I like my 1 in a million topic here on bitcointalk. I try updating it every 6 months. here is a list: as you may know the cap of bitcoin is only 21 million! if you own 21 BTC you are 1 in a million. now the cost of being that 1 is as follows though the years: Date | | | 21BTC cost | 2008-2010 | | | Practically free! | 2010 | | | $3.7 | 2011 | | | $84 | 2012 | | | $188 | 2013 | | | $2,200 | 2014 | | | $9,030 | 2015 | | | $5,670 | 2016 | | | $12,117 | 2017-1 | | | $21,000 | 2017-6 | | | $50,400 | 2017-10 | | | $130,000 | 2018-1 | | | $??? |
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Many of predicotrs predict that bitcoin will hit $100,000 in year 2020.sometimes it might be true and the start of this year btc price was nearly $1000 and now it is $6000.btc always up their price by more than we expect is it true if we earn more btc now be can become millionaires and succes our dreams .but the problem is .is it true what do you think ? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) no one can "predict" the future and by the way most of the "speculators" say price will be either 1 million dollar or $500,000 by 2020. and specially since we will have another block halving, which means the supply rate of bitcoin will be half of what it is now and with the demand increasing every day we can expect a big rise by then and a bigger follow up afterwards. and with the current rate that bitcoin is being adopted and the price of rising as the result, we can see how $500K is possible.
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