I am still in " Bitcointalk Anniversary Mood", so there will be another bounty tonight... knock out my bud tyKiwanuka aka EnterScreenN for a 2k chips bounty!  In addition to that - wanna join us tonight but you are short on funds? No worries, post here and I will pay your buy-in - first come, first served! (This is not for you rich kids out there  ) Perfect efialtis! Betstrong here. I played the first match but since I didn't have any more funds so I didn't play the second game. Can I get the free entry for today's game? |
|
|
|
Hello People,
I would like to join this series too. I am reading rules and understanding everything. I will get password for the game once I send 200 chips, right? Also, whom should I send 200 chips? I don't see any member with youcantwin username on bitcointalk or is it SwC username? If yes, then what is the name of youcantwin on bitcointalk?
Hey, good to see fresh blood - yeah, you just send 200 chips to "youcantwin" on SwC for each game you wanna join, send me a PM that you did and I will share the password - I am youcantwin...  The username speaks for itself by the way... Chips sent! I will PM you as well now. I am youcantwin... The username speaks for itself by the way...  By the way, I stood among Top 10 in 'Play with Steve' tournament previous Wednesday. Don't assume that I'm weak player. My username - BetStrong. It speaks for itself as well. |
|
|
|
|
Hello People,
I would like to join this series too. I am reading rules and understanding everything. I will get password for the game once I send 200 chips, right? Also, whom should I send 200 chips? I don't see any member with youcantwin username on bitcointalk or is it SwC username? If yes, then what is the name of youcantwin on bitcointalk?
|
|
|
|
From 2099 till 2140 (when the last satoshis will be mined) there will only be one bitcoin mined. By the end of the century, supply is virtually fixed and limited to the maximum of 21 million. For the following forty years, miners will be mining only one bitcoin...
The supply of bitcoin is fixed upto 21 million and after halving the mining rewarda get half as now it has reduced to 6.5 per block mined.And we are talking about the time which is very long to come and by that time the prices may be too high that miners will be interested in mining one bitcoin also and about the production cost of btc like electricity prices at the moment.So it depends upon time and current situations of that time but btc will always provide freedom to user for transactions in coming time and its the revolutionary digital currency of future. |
|
|
|
what would be the first thing to do and how to buy bitcoin where to hold which currency want to get and how do you plan to do that  This thought has come to everyones mind of having time machine and going back to a particular time and correct those things which they regret at present.If we can go back in time who would not like to invesr huge amounts in btc and be rich today by selling when prices were ATH in 2017 above $18k and enjoy luxurious life ahead by encashing them.So why talk about what is impossible and or you could have buy few months back when prices were low to $5k as they will rise soon.Its all about knowledge and luck you have with you. |
|
|
|
What is your expectations with bitcoin after halving..? Bitcoin price bullish or bearish?
Can't say what exactly will happen after this halving which is going to take place next month because of the current market situations as we are facing downwards trend in economies globally.The btc supply is going to be reduced with 6.5 btc of reward per block mined which could push prices high but only if the demand is high and investments are made into bitcoin.The prices have shown surge in past days and it has cros $8500 mark and still on the path so it can be anticipated that prices will rise after halving also like previous one.But speculations at this time are really tough so we can wait and hope for the best to happen. |
|
|
|
I’ve got a pet shop and I wanted to accept bitcoin and alt coins then I was reading about becoming a bitcoin exchange ... is this possible? I understand it’s worth goes up and down.
The thing you are asking have two possobilities here that you can accept btc and other cryptocurrencies for your pet shop only if you local assests have knowledge about it and they want to trade in these digital coins or you can expand your business online with third party payment processors which can deal in crypto on your behalf and gives your fiat.The other is you want to open your exchange?And if that so you can surely give it a try but you need funds for that and start trading in that line.Both have great oppurtunities and bright future ahead but keep in mind the volatility affect so you don't suffer losses. |
|
|
|
I've contacted a few friends who hold like me. They're all very concerned by the huge drop, but none has sold a single BTC.
We're all holders.
I know it's huge, but I believe the sharp fall in BTC's price has been caused by a very small number of individuals.
Waiting for data...
The rush in panic selling is not much high this time as people are withdrawing their funds only upto a limit to pay for their bills due to shortage of cash in worst scenario that everyone is facing.The prices have not gone much lower and btc cannot crash below $5k as wise people who know the power of btc that it will rise again with great surge after all this is over due to increase in number of digital transactions and masses shifting towards the use of crypto payments.It will help to boost the economies and will be globally accepted with technical improvements so don't sell your whole investments but only a part of it if you need it. The time for rise will surely come. |
|
|
|
Crypto exchange is one of the important thing when you are dealing with the cryptocurrency space. Currently, there are over 300+ crypto exchanges exist where most of the exchanges are scams and not having enough liquidity. In this case, selecting the crypto exchange is a bit confusing  . So, when you are going to select the crypto exchange, you have to consider some important facts such as exchange reputation, availability, fiat currency availability, KYC requirement, no of altcoin availability, etc. Here is the best cryptocurrency exchange that can be used confidently, - Coinbase - best for beginners
- Cex.io - worldwide support fiat to crypto exchange
- Binance - altcoin trading
- Changelly - instant crypto swap
- Bittrex
- Kraken
- Kucoin
- OKEx
- Gate.io
If you are looking to find out more details above the list, Check out the best crypto exchange to watch in 2020 where it explains exchange features, fees, and pros and cons. There are many exchanges at present dealing in crypto trades including the ones you have mentioned so far but its very important for newbies to recognize the legit ones in the market if they want to trade easily as scams have increased these days.The some of the points that you must look for are security factors,popularity of the exchange,volume of the trade,documentation procedures like KYC and most of the coins must be listed over there for ease of trade(excluding shitcoins available in market).The exchange must provide good user expereince in terms of speed,security of users and trading features available.Some of the trusted exchanges are Binance,Coinbase and you can trade on them but always make your decsion wisely by studying the market as per your requirements. |
|
|
|
Although Halving has come close, it seems that there is no optimistic signal that BTC will rise. Currently Corona Virus is making it difficult for the leading economies in the world. And is that the main cause of Bitcoin price drops? Let me give you some possibilities
1. Unemployed people do not have income so they do not dare to invest in Cryptocurrency.
2. The psychology of fear that if we die by Virus and die, investing in Cryptocurrency will not bring anything when we die
3. In a difficult economy, investors need to withdraw assets and sell cash to maintain businesses such as payroll, purchase and sale of goods instead of investing in cryptocurrencies.
4. The disease has not yet been controlled, the economy has not shown signs of recovery, so investors are afraid of not participating in the Cryptocurrency market.
We can blame Covid-19 for the reason behind price drop among btc as this panademic attack has hit the world maeket and economies are crashing very hard.But still the price drops are not much higher what it can be.The main point is not major investments at this time and panic selling by people to match shortage of funds to do neccessary stuff of lives.But some with future foresight have invested at this time also because people have moved towards digital modes of payments these days which give crypto and btc hope for price surge in future.So dont get panic as everything gonna get fine after all this is over and bull run will hit btc so have patience and just HODL. |
|
|
|
nb; I edited this post a little based on existing discussionsmany effects that occur due to the spread of the virus that until now there has been no cure (report from WHO), not only deaths and economic changes have occurred due to the spread of this virus, but also many others; - 1. Kab'ah empty
this is one of the extraordinary effects because we know that the Kab'ah is never empty by worshipers who want to worship (even during renovations). - 2. Prices of spare parts (electronic devices & vehicles) are rising
China is famous for its counterfeit goods (KW) and cheapness, as a result of the spread of this virus many countries have shut down (export-import) to or from China. - 3. the appearance of strange greetings "Leg Shaking"
many people and even state officials are afraid to touch hands (shaking hands) so they do "Leg Shaking" to still be able to maintain intimacy and avoid contracting the coronavirus.
there are many more effects that occur and I can not explain one by one here (because it must be too long)
if everyone is afraid to touch each other, are they not afraid of fiat money when they trade because the virus can spread through paper money (drooling or sweating)?? This is the time we really must us digital transactions as a means of exchange because we are physically not in contact with other people so we avoid contracting the COVID-19 virus (Corona). Today's digital transactions can take the form of Cryptocurrency & Electronic money transfer service, here's the list; Cryptocurrency;Electronic money transfer service;I hope the governments of countries around the world can think about this and even campaign it in their respective countries (Doing transactions with CRYPTOCURRENCY & Electronic Money Transfer Service, not with PAPER MONEY) The biggest problem that the world is currently facing at this time is covid-19 which has spreaded over every country and lakhs of patients have been affected by this virus.The only way to be safe from this is remaining quarantine and not coming into contact of other due to which chain can be increased.This is panademic attack which has brought recession in global economy levels.This has decreased the level of fiat trading by a significant levels and most of the people are moving towards digital modes of payment to pay for neccessary items like grocery,bills,electricity or any other item as they prefer to stay home to be safe.But the case is still lot of people are using online banking facilities and only involved in crypto trading are making use of bitcoin.But the reason behind it is fees and less technical knowledge among people but this is a step where decentralized currencies have been used by large population and will keep on growing.So lets hope more people get used to these crypto coins and prices boost after this is finished. |
|
|
|
Coinmarketcap should stop doing this shit job. They are helping scammers in a different way. CMC recently added liquidity option then why they still ranking these shit exchanges on the top! Bilaxy is the number one exchange according to trading volume, Fatbtc is number 3 and the hall of shit IEO P2PB2B exchange on 4th place where Binance is 13 ranked exchange! Such a hypocrite, ridiculously job by the CMC. They should stop it right now, these shit, fake volume exchanges are ruining the honesty of the crypto world. What do you guys think about it?
Are you sure you checking the right statistics? According to liquidity top three exchanges are: HitBTC, Bitfinex and Binance in chronological order. I think you checked list according to Adjusted Volume which is nothing but the reported volume minus any zero fees and transaction fee market. We can't believe adjusted volume as much as reported volume as both can be manipulated. https://coinmarketcap.com/rankings/exchanges/ Xhttps://coinmarketcap.com/rankings/exchanges/reported/ Xhttps://coinmarketcap.com/rankings/exchanges/liquidity/ V |
|
|
|
At some point in time, people will use every day satoshis as a unit of currency in order to buy things like vegetables, groceries in general.
Satoshis will become the new money standard in people's daily life. Thanks to the scarce 21 million BTC as a maximum supply of this blockchain.
The more the whole bitcoin unit keeps expanding its price, the more value a satoshi also will have. We can see this happening already with some mining companies, crypto casinos, bitcoin faucets providing each week fewer satoshis as a reward, and also we see people working for satoshis, in order to increase their satoshis/bitcoin balance!
Yeah, 1 sat = $1 and it will lead to anarchy. Whales who are holding 1000+ BTC will easily pay 1000 sats fees to confirm their transactions first. For them it would be just 0.000001% of their wealth. But what about late comers? They have to spend $1000 to send bitcoins. This will lead to complete breakdown of system. No body will be able to use bitcoin in routine, let alone the dream of buying coffee with bitcoin. |
|
|
|
~~~
I agree if Barcelona relies heavily on messi, it has been going on for a long time and I am just afraid that dependence on messi will make it harder to control yourself because of his age. So its natural that Messi is no longer consistently creating goals for every game, but his presence on the field will make the opposing player more alert and that will make other Barcelona players more free to enter the opponents goal area. Messi is creating chances, he always creates chances. He is equally good in playmaking and shooting. However, he is suffering from groin injury and that is what made his shooting instinct slow. Even in yesterday's game, Messi hit 3 shots on target but goalkeeper was able to save all of them as they weren't hit with pure conviction. Even stats show that he scored 12 goals in his first 9 LaLiga games while only 2 in his last 8 games. So far De Jong is an important player for Barcelona, he can control the ball in the middle and it really helps the attackers on one third of the opponents field. I think De Jong purchase was not a mistake, it was extraordinary.
De Jong is pure Ajax/Barcelona style of player. He can maintain possession, play one-two with other players, make forward burst into box and create magical chances from tight angles. How can I forget the destruction he did to Modric and Real Madrid last season. He is already playing like pro-Barcelona player but last game finally revealed Ajax-level De Jong for Barcelona. |
|
|
|
True. Proof of Work is far better than Proof of Stake concept. People advocate that PoS saves intense utilization of electricity and other resources which are needed in PoW. But at the end of the day, utilization of such resources are making crypto stronger and more valuable. We are not producing something commercial for mass consumption. We are generating valuable asset and Proof of Stake is appropriate option.
Proof of Work is like democracy while Proof of Stake is monarchy.
They have the same rules but different in approach. One with lots of coins while the other one is with lots of mining machines. Either way, only rich people can compete on that. Not really. Mining is not controlled by individuals in case of big cap coins like Bitcoin and Ethereum. They are mined by pools. In pool, thousands of individuals collaborate their hashing power to mine the block. For example, Poolin alone have over 650K miners and they mine only around 18% of the blocks, so imagine how many more are engaged for the mining of rest of the 82%. The system of pooling maintains the decentralization in PoW system. |
|
|
|
|
True. Proof of Work is far better than Proof of Stake concept. People advocate that PoS saves intense utilization of electricity and other resources which are needed in PoW. But at the end of the day, utilization of such resources are making crypto stronger and more valuable. We are not producing something commercial for mass consumption. We are generating valuable asset and Proof of Stake is appropriate option.
Proof of Work is like democracy while Proof of Stake is monarchy.
|
|
|
|
The only lackings I see in bitcoin is its too high withdrawal fee. Almost every exchange takes such a huge fee for bitcoin transactions. I tried in several exchanges and was shocked because they all are asking 9-12$ withdrawal fee! What do you think about this issue guys? Why are they asking this high fee?
The reason is simple, exchanges aren't meant to be used as wallet. High fees is actually good IMO. It acts as a barrier for those lazy asses who think it is good idea to keep bitcoins on exchanges and send whenever needed. But it can be disastrous. Also $9-12 you see is not network fees. It is arbitrary fees exchange charges from you. Exchanges rather make batch transactions combining various withdrawal requests in a single transaction. Not a while ago if I remember correctly, Bittrex used to offer free of charge withdrawals. However, with time they raised fees to as high as 0.002 BTC. |
|
|
|
|
But most of the bans are not retrospective. If government bans bitcoin today, it doesn't mean I will be prosecuted because government can track the trade I made yesterday. So unlike gold, I have a clear working plan if bitcoin gets banned. I can immediately send all my bitcoins into hiding using mixers. I can even sell them in disguise. All these features weren't present in case of gold so government could easily locate the person if he tried to sell gold in market. With bitcoins there isn't such problem.
|
|
|
|
My trading experience has been amazing , in 2007 i had no idea of what bitcoin was or how to trade it .
You weren't alone. No one except Satoshi had the idea about bitcoin in 2007. Haha, I know you wanted to say 2017. I watched alot of videos on youtube on how to trade , took notes and even paid for free signals. and i guess that was my first mistake because i have come to to realise that most of the youtubers are just liars with fake prediction. My second mistake was starting out with Binance as a newbie ,i lost so much .
well i started making profit and understanding the concept of cryptocurrency after taking some training classes from Mr Walter Arrav..He taught me how to buy and sell crypto on binance, do we used another exchange while learning how to execute this when a signal is given. I was taught how to use a stop loss and so more. he also taught me how to properly understand the chart and give a proper technical analysis. Make 30 to 50% profit daily was a good start for me..
Good luck guys.
Great, you find your way into trading. The main thing is experience. It may come from some paid courses, or free guides like you mentioned Walter Aarav or it can be self-taught. But most important thing is to understand the trading before starting it. People get excited and invest in coins seeing short term growth but that's not how you trade cryptocurrencies. It is much more complex. However, you sure you making 30-50% daily? If you continue at this pace then you may become millionaire soon. |
|
|
|
|
Show Posts
