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There are several wallets for your phone. For Android, I recommend BRD, Samourai, or Mycelium. BRD is easier to use, but Samourai supports segwit. Mycelium is full-featured (though it doesn't support segwit yet).
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How can one get into mining bitcoin, is it necessary for a beginner?.
Minig is generally not for beginners. If you want to give it a try, you can try mining altcoins with your PC's graphics card, but you still need a decent card. Mining bitcoins requires special equipment. Start with altcoins. |
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My question is, how do you even begin to perform fundamental analysis on any cryptocurrency? I've pointed this out before: Crypto isn't like a stock, in that there are no earnings, no dividend, and no business at all behind a coin like there is with a stock. Therefore it's pretty much guesswork as to whether bitcoin or any coin is going to go up or down. In other words, what exactly are the "fundamentals"? They can't be the same things analysts use to analyze stocks.
I agree. The fundamentals are things like sentiment, adoption, money supply and velocity, all of which are difficult to quantify. |
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So far only one other person has noticed that the graph is bogus. The graph is showing amounts of coin and paper currency and bitcoin has no coin or paper currency.
This demonstrates what signature campaigns have done to this site. 90% of the posts and replies on this site are clueless people posting nonsense.
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That's crazy. What could earn.com have that is worth $100 million?
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i have 2 bitcoin, how i can got bitcoin cash free?  hi man, you need go to youtube and write "How to get Bitcoin Cash (BCH) on Blockchain.info / How to claim Bitcoin Cash (BCH) free fork" this is free video tutorial Do not follow that video. It promotes a phishing site that will steal your bitcoins. Never give your seed to anyone. And for anyone keeping track, several days ago OleksMerin posted the same thing as kazbek228322228 posted above. They are the same person promoting the same scam site. |
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Ghash.io was the biggest pool in 2014. It crossed the 50% threshold in July and that created quite a controversy. As a result of the controversy, ghash.io pledged to remain below 40%, but by then it was too late. Many members of the pool left and joined smaller pools. The loss of members continued until October 2016, when the pool was closed. The lesson for mining pools is this: if you get close to 51%, your members will leave. More info on ghash.io: https://en.wikipedia.org/wiki/Ghash.io |
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It is extremely disappointing that none of the 30 replies thus far have even thought to question those numbers.
That graph is completely bogus.
It shows the total currency in circulation for each country, which is the total value of coins and paper currency. Bitcoin doesn't have coins and paper currency, so its value should be 0.
If you compare money supply, then Bitcoin is near the bottom.
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In my opinion, using a stop-loss as a normal part of trading is a poor practice for these reasons. - 1. A stop-loss restricts your decision-making ability. You are deciding when to trade based on old information and ignoring any new information.
- 2. A stop-loss is susceptible to manipulation and flash crashes.
- 3. Contrary to popular misconception, a stop-loss does not execute at the price you pick.
- 4. A stop-loss is literally "buy high, sell low".
I believe that the only time a stop-loss is useful is when you can't access the market or you can't make decisions, though I don't know why someone would trade if they are in that situation. |
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In September, Schiller called Bitcoin "the best example" of a bubble. Now, he calls it "sort of a bubble". In six months, he will say that it might not be a bubble, and by next year, he will have turned around completely.
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The problem with the article is that nothing is given to support the claim that we are at the end of the downtrend -- just some random quote.
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It is a pyramid scheme. In a pyramid scheme, members pay to join and make money by finding new victims to join. If a member can't convince enough victims to join, they will lose money.
I consider pyramid schemes to be mostly legit because there is no fraud, other than misleading people into believing they will make money. However, I would never join a pyramid scheme because I'm not stupid and I won't take advantage of stupid people.
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Many people compare bitcoins to tulips of Holland in seventeenth Century. This is quite different. It's ridiculous. Bitcoin has a strong community support, and tulip can only be passed between the Royal aristocracy, block chain technology can change many industries, and tulips can not change anything, I think bitcoin has no bubble.
Bitcoin is not a flower. I am sure nobody meant the literal meaning but if someone did, he must be out of his mind at that time. Bitcoin is a beautiful creation like tulip flower which has filled the lives of its holder with fragrance and happiness. Only this is common between two. Bitcoin has a whole different function and it is a digital currency which help a person financially, tulip can’t. I have no doubt that during the Dutch tulip mania, people were calling tulips a "store of value". |
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I agree that "trustless" seem too much like "untrustworthy". I suggest perhaps verifiable or risk-free.
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My biggest frustration is with all the speculators buying bitcoins in the hope of getting rich overnight. They cause problems for the people that want bitcoin to succeed.
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BTCbitcoin prices moving due to technical analysis or fundamental analysis???!!!!!BTC
The analysis analyzes movements, it doesn't cause movements. Anyway, technical analysis is a pseudo-science, similar to astrology, where predictions are made according to methods but the methods are not based on facts or evidence. |
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I heard that bitcoin is a bubble that has begun to burst, but this is not the first time that annalists says that.
There is no question that it has already burst -- it has dropped more than 60%. The debate is now about how low it will go. |
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It is possible that the price dropped briefly below 5360 euros, activating your stop loss which was executed moments later at a higher price. You got lucky. If the drop lasted longer, it could have sold for a lot less. Anyway, that's just one possibility.
That makes sense. Now I start to understand, why some people warn to set stop loss orders. Because of stop hunting and spikes. On the other hand, I looked at a price history chart and I didn't see any trades at 5360, so that might not explain it. |
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It is possible that the price dropped briefly below 5360 euros, activating your stop loss which was executed moments later at a higher price. You got lucky. If the drop lasted longer, it could have sold for a lot less. Anyway, that's just one possibility.
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