Bitcoin Forum
June 07, 2024, 09:48:05 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 [151] 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 ... 226 »
3001  Economy / Economics / Re: Charlie Munger: "Bitcoin is an artificial substitute for Gold" on: April 21, 2021, 02:53:10 PM
In my case I am looking bitcoin and gold in different perspective. I don't think bitcoin could be known as an artificial because bitcoin has its own purpose. Gold has its own purpose too. But the approach of dealing in bitcoin and gold was also different.
I'm not seeing the term artificial in negative way; when gold is natural then anything as digital gold must be made from other way which could be interpreted as artificial; nothing wrong bitcoin being an artificial substitute for gold; still I'm seeing they are accepting bitcoin as a substitute for gold which must be very big victory for bitcoin.

gold was worth it too but with a constant value. And as an investor we'll probably wanted to have a constant ROI than taking risks for a varrying ROI right.
Gold is known for its consistent return over long period of holding whereas bitcoin is slowly moving toward such a status in alternate investment category. So, I strongly believe calling bitcoin as an substrate for gold definitely will lead bitcoin into more adoption which might be ending up mainstream adoption as well.
3002  Economy / Economics / Re: Ceo Coinbase đă bán 749999 cổ phiếu COIN trong ngày đầu tiên chào bán on: April 21, 2021, 01:59:05 PM
To make a valuation of Coinbase needs to observe investor adoption and market trends over a long period of time.
I think the adoption will be much over a long period. I’m saying based on the rate at which people are accepting it at this time, and also for the fact that they are the first to go public, they will be kind of stealing the spotlight.

As per the 8-K filing made to the SEC, Armstrong holds a total of 2,753,924 Class A shares and 36,851,833 class B shares of Coinbase. Marc Andreessen owns 5,516,037 Class A and 23,961,498 Class B, while Fred Ehrsam and Fred Wilson owns more than 10 million shares.
So the idea behind for selling 749,999 shares is to buy back at cheaper levels? I am not seeing most other corporate are following this kind of strategy. When those inside people who are responsible for further growth are not holding, then who else?
3003  Bitcoin / Bitcoin Discussion / Re: Will the government accept it? on: April 21, 2021, 12:50:16 PM
1. Will the government of a country ever want their banking sector to be abolished?
 2.  How will the government collect taxes from the people?
 3.  If the government can't keep track of people's legitimate money, won't corruption increase?
1. There will be less possibilities for all 100% of one country's people are going to adopt bitcoins so that their central bank to be abolished. It might take decades of time for each and everyone to adopt bitcoin because bitcoin is highly technical one which may not be suitable for old agers and illiterate.

2. Only taxation based on how much you're earning might not be possible but there will be no problem on collecting taxes on buying and selling services and goods.

3. Corruption or money laundering or tax evasion are not new things just because of bitcoin payment system. Government must improve themselves to catch such incidents.
3004  Alternate cryptocurrencies / Altcoin Discussion / Re: Crazy Dogecoin run 100x in 2 years on: April 21, 2021, 10:11:06 AM
Did anyone else miss out on the Dogecoin run?
This is up 100x over a year or two, and it is still going higher.
Wow.
$40 Billion marketcap now, how high can this go?
Doge has really made a big run, compared to what it was at the time when I last checked , the price is big now and that would have been a lot of profit for those that invested from then. But, I have not invested in this coin before, and I have been seeing a lot of people recently saying that it is going to crash very soon after it has moved up to this extent. I am not sure if these people are right, because people are fond of making this assumption anytime that the price of a cryptocurrency goes very high. I won’t be surprised if the market continues moving up and not fall as they have all been saying.
3005  Bitcoin / Bitcoin Discussion / Re: How to securely store your Bitcoin on: April 21, 2021, 07:40:59 AM
I would appreciate it if you shared this article with anyone you know who is getting into cryptocurrency for the first time. We don't want anyone to lose their funds, so security should continue to be the number one priority for educating new investors.

What Is A Crypto Wallet? How To Securely Store Bitcoin

Let me know if you have any questions or comments on the article!
Instead of sharing some external link to this community; why not you take time to elaborate your one way of securely storing bitcoin? Because, we all need practical approach rather than someone writes something for shilling purposes rather than really caring about this community. Your article must be one of them.

Not your keys; not your bitcoins: Your article is mostly focusing on few of web-wallets and this community is strongly against such type of wallets.

Moreover, secretly storing is not a big science. You just need to secure your wallet files with (rememberable) strong password and you must save your seed phrases without letting others to access it.
3006  Economy / Trading Discussion / Re: Why you don't need to HODL or trade Bitcoin on: April 21, 2021, 06:55:07 AM
From how the price seems like, I don't think there are points to still try too hard to make people invest and hodl Bitcoin from what you said in the OP.
Who urge you to invest and hold one full bitcoin? It is just like a myth. You can invest whatever amount you are having right now with the plans of holding for long period. It can be $100 or $500 or anything. Moreover, the very important factor for gaining unbelievable profits from bitcoin investment is, how long you will be holding rather than how much you're going to invest.

Just look into the people who are holding for more than one decade and still continue their holding because they are believing into million-dollar levels for one bitcoin. I am also believing that will be possible in coming years.
3007  Economy / Trading Discussion / Re: I'm wondering who trades with paid signals? on: April 21, 2021, 02:30:43 AM
there are still people who rely on trading signals to buy or sell in the crypto market, I feel those are people who have had bad experience trading on their own and now they prefer taking instructions from our traders who are deemed trading experts
Bad experience alone may not be a reason; naïve traders are straight away go for buying signals for their trading when they are set with some capital and decided to get into trading. Lack of time could be a meaningful reason for buying signal but new traders preferring to buy signal shows how lazy they are and I am sure when you are not ready to give your dedication then you cannot sustain in trading.

if your signals are cheap and has a good win rate, I bet you would get some people who are interested here.
I guess does not need to be cheaper; but just being more accurate itself more than enough criteria for more number of people to come forward to buy. Still, I am sure there cannot be any expert to generate 100% accurate signal all the times.
3008  Economy / Trading Discussion / Re: My trading strategies on: April 21, 2021, 01:34:15 AM
My advice is to stick to that position if it's profitable for you. because we know everyone has a different success strategy, if it is appropriate then do it well and do it according to your trading strategy procedures.
Different people are following different strategies and hence their success also in different levels. I agree we must follow and stick within a methodology of trading which is profitable for us. There will be no point of keep trying something which is not suitable for our risk management principles.

When you are profitable in trading then you may continue with it and when you are profitable with one particular strategy then sticking with that will not disappoint you. But, trying out new things at affordable limit will maximize our survival possibilities.
3009  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 10 Best Cryptocurrencies To Invest in for 2021 on: April 20, 2021, 03:48:09 PM
It will not make any sense if you invest in Tether because it won't grow as you have imagined perhaps using Tether might be good for liquidating your assets.
But some people are still considering tether to invest with, because when market is completely into bearish trend, you must need to lock your profits which is gained in any other altcoins/bitcoins, so in that case tether will be really a handy. Yes, here tether will be used exactly how we are getting into fiats. Basically tether (or any stablecoin) is a fiat on blockchain.

Upon investing in crypto choosing on top listed coins would have a less chance of losing your money cause unlike choosing those random coins at the bottom they might be a gem but there's a chance they are not.
Why we should go for top listed coins? I am seeing almost all the people are referring coinmakrtcap for investment decision making but personally I still stick with only bitcoin investments. Bitcoin is the real gem in front of us and trying to find anything else may have only 50% chances to become successful.
3010  Economy / Trading Discussion / Re: Why risk management is so important for Every Trader. on: April 20, 2021, 03:05:29 PM
First year is totally a huge mess to those traders who's starting up since the market is full of fud so for sure many traders struggle to handle their emotions in terms doing a good trade on certain unknown scenario. But in next year if you really make trading as a serious business and you keep learning everyday all is now easy in terms reading the chat and doing your own analysis on what will happen to the market in next 24 hours.
That is the reason, it is always recommended when you are not properly equipped with sufficient experiences not to go for high risk trades regardless of it will be your first year or second year of trading. Moreover your first six months of trading should be with demo money alone because, real trading environment but zero risk way will help you to learn all the tactics of crypto trading.

Along with risk management, a trader must learn tricks about avoiding emotional failure and effective money managements. Trading requires a lot of tactics and when a trader is failing at least either one of them will result in unexpected results.
3011  Alternate cryptocurrencies / Altcoin Discussion / Re: If you were to drop $25K into alt coin.... on: April 20, 2021, 10:23:58 AM
Which one would it be and why ?
I do see there are multiple mistook approach in your questions:

1. For $25k investments, if you look into altcoins alone then definitely you are going to miss out something is proven over the decade of time and known for definite and consistent returns for every four years. Yes, you must include bitcoin as well into your consideration and more importantly in major portion.

2. For $25k investments, you must look for at least 10 different coins and definitely no just 1 or 2 altcoins only.

Including bitcoin in your portfolio will definitely get you the power of diversification but again if your considering more than one altcoins, your risk will get spread out and you will be getting a completely diversified portfolio which will be having 99% guarantee to get you big profits.
3012  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't be over ambitious on: April 20, 2021, 08:08:33 AM
The crypto currency space is a very volatile place where anything can happen in a short time frame. No one either experts or not can call the top and bottom in crypto currrency market; we should always remember that our business in crypto currency market, trading is to take profit.

More importantly; don't be over ambitious to help someone to buy tokens, never do it. Instead educate and teach them how to do it, and the risks involved.
You mean we should not take any responsibility personally but we should simply educate people so that they will take care of their duties so that they will make their own decision making on which cryptocurrency to invest and which cryptocurrency to avoid? Honestly I have tried to convince few of my friends to adopt cryptocurrencies but when they are asking me for guarantees, I refused and I asked them to check in Google to get more information and awareness about what they are going to do.

This way I will not take any headache because we cannot predict what kind of market fluctuations we are going to have in near future so that we could make profits or losses. When something is completely uncertain then it will be much better not to take any responsibility.
3013  Alternate cryptocurrencies / Altcoin Discussion / Re: the lowest transfer fee ! wich one ? on: April 20, 2021, 07:21:04 AM
i have a little bitcoin in exchange wallet ,
i want to transfer that into my wallet (application)

wich altcoin is the lowest transfer fee ?
But I just wonder that you are going hold altcoins for your balances in exchange? Because, you are not mentioning about your plan to convert bitcoin for altcoins but you are worrying about the transaction fees and if that is the reason then what will be the point of making use of altcoins for withdrawal?

I am getting paid in altcoins to save transaction fees but I will be asking my employer to pay in one particular altcoins and then I will simply sell those altcoins for USDT or for my local fiats; this way I am getting paid more than opting for bitcoins to get paid.

But, if your withdraw your balances in some altcoins then you need to hold that coins for sometimes by bearing its fluctuations. Are you ready for that?
3014  Economy / Speculation / Re: Bitcoin will never go below $50,000 again on: April 20, 2021, 06:51:20 AM
No one can say for sure whether bitcoin will ever go below $ 50,000 again but the market is undergoing a huge revision which means that bitcoin will rise further bitcoin is in a strong position in the crypto market and will not go below $ 50,000 even if the price goes down. As well as transactions or payment gateways like PayPal have now started accepting digital currencies the acceptability of Bitcoin has increased.
Until yesterday, I was also believing like bitcoin market is holding stronger above $55k price levels and we are going to see you new ATH above $70 in coming weeks but right now I have changed my view because at any time we may test below $50k levels. But nothing there to be worried about is, because it is just another market fluctuations and definitely bitcoin market will bounce back from this correction like before.

All we can do right now is, making use of any possible dip below $50k price levels; definitely buying at dips will work once again along with this correction as well.
3015  Economy / Speculation / Re: I just realized I'm 99.9% crypto and 0.1% in fiat on: April 20, 2021, 06:20:19 AM
I did that because I felt having crypto was more flexible in doing business online than holding fiat.
Readiness to transact and get paid in quick time are more convenient and easier with crypto payments but most of my friends who are into different online business are not at all holding any crypto and I guess if they adopt crypto then they could save more and may settle their transaction in more quicker time and this way if they are able to save time and money then that would be double benefits for them. I am still trying to convince them to plan up for long term holding of some cryptos and hopefully they will start listening soon because of on-going bull run.

I am having 50% of my networth in crypto and the rest are on properties and I have less than 5% in fiats. I guess this is how crypto business people are doing right now.
3016  Economy / Speculation / Re: Bitcoin at $1 million this cycle really possible? on: April 20, 2021, 02:01:30 AM
is the really possible what looks like a dream - $ 1 million for bitcoin this cycle? We all know the factors and events around BTC lately. In addition Raoul Pal said in an intervew Bitcoin can hit that target price. only 15x and we are there.
It will be depending on how long this cycle will persist. Usually bull markets will not sustain beyond the December month but if we have continuous support from intuitions then there are plenty of chances for bull run to continue even in 2022. In that case like you speculate another 15x rally may become possible. But, if we assume like what happened on previous cycles, then may be another 2x or 3x or 6x rally alone possible by considering this current cycle will end by this December and from current ATH.

Anything could be possible in this bitcoin markets and I will not be shocked even another 15x appreciations will happen before end of this December. Because, most people were speculating about 10k by end of 2017 but that happened on November 2017 itself and in December 2017, prices just got double in less than 3 weeks of time.
3017  Economy / Speculation / Re: Institutional buyers are not backing down. More Pump? on: April 19, 2021, 08:20:04 PM


Institutional investors are getting more interested in bitcoin. This move by MicroStrategy is a big step. Will other companies follow this path? How would employees react to this? Since btc is volatile and can dump at any minute. I can understand if they are excited about it now as Bitcoin is bullish but what happens when there is a massive dip? Love your hear thoughts on this none
I am pretty sure that wasn't anything related to this, sure India banning bitcoin would be bad, but the dip was nothing like that. Plus microstrategy buying bitcoin means nothing substantial anymore neither, they are buying like tens of millions of dollars but bitcoin became so large that even a regular person could be selling that much, miners are selling maybe hundreds of millions of dollars these days with the money they kept so far.

I think there is going to be a big movement, like seriously big movement, it could be down or high but the clouds are getting together and we are seeing a storm brewing right now, price has been too strict for a long time and these sudden movements we are seeing is the result of that. If we do like a 15+ higher or lower we could actually become a lot healthier as well, all we need is to get rid of all the buys and sells around this price because they are getting bigger and building walls.
3018  Economy / Trading Discussion / Re: A little sad story on: April 19, 2021, 07:46:52 PM
Experience is the best teacher and we wont really learn up something if we don't experience those mistakes.It isn't necessary because its always a inevitable thing to happen.

We don't know on what would happen ahead and we don't able to make out decisions based up on our own presumptions sometimes it can neither be right or wrong.

When we do make out presumptions its a 50% chance that it could be right or wrong.
That 's what I always say, especially if you didn't lose money, but lost on profit, that is one of the cheapest lessons you could ever have. Think about it, you earn 10 instead of 50 and you have learned a lesson at the same time. I know that people prefer the money in their hands than a lesson and I get that, it makes sense, who would need a lesson when they could have thousands of dollars in profit.

However the reality is that we are doing much better in the long run when we get these type of lessons. Which is why I think it is quite obvious we should be focusing on something that would worth money in the end and not money right now. This might result with you earning 100+ later and 10 now instead of 50 now, and that is  the lesson here. But I also do understand people who still get upset anyway, as long as they learn their lesson that means being upset about it still can be understandable.
3019  Bitcoin / Bitcoin Discussion / Re: bitcoin problems that need to be solved on: April 16, 2021, 04:23:50 PM
Well, that’s why we have pros and cons, everything has two sides to it and this is what you get with having a decentralized currency, that’s the advantage that fiat has over bitcoin. But most times, I don’t see no wrong in how Bitcoin and the blockchain are built and made to be open to the public, sometimes you can see the importance of all that, and sometimes you feel it is wrong.

But, there are ways you can avoid things like this and one of the ways that people does that is by generating new addresses every time they want to make a transactions, but this can be hard thing for anyone to do especially when they have huge amount of money to manage.
3020  Economy / Speculation / Re: Bitcoin price has reached new high price near 59K on: April 15, 2021, 06:26:52 PM
We were very close to reach 65k as a new all time high, this should show us that bitcoin is always going to surpass our expectations, however we cannot deny that now the altcoin market is giving greater profits than bitcoin however even after the current growth that those coins are going through they are still underperforming against bitcoin and I do not think this is going to change because even with the current surge in their popularity institutional investors still do not care about those coins.
I'm expecting to be testing $70k as next milestone before we will be seeing any possible correction. Because, I'm sure some institutional funds are entering into bitcoin market and this is the reason we are currently holding strongly above $62k price levels. Also I read miners started to hold rather than selling mining rewards time to time to cover their expenses.

I do not agree that altcoins are getting us bigger profits because there are many altcoins are there and we cannot be sure about to invest on which one. But, if we are good at finding the right one then we can enjoy greater profits in short run but bitcoin is good in getting us steady profits in long run. So, I guess comparing bitcoin against altcoins in terms of return is not making that sense.
Pages: « 1 ... 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 [151] 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 ... 226 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!