0.01 USD fee would be normal in my opinion. Lower fees are for everyone, and I would leave option +10$ fees for people who wish to make very high amount of bitcoins very fast, but generally for us normal and ordinary people lower fee is important.
I think even 10k sat is enough no matter the price of bitcoin is.. because we are living in bitcoin before with small fee transaction and now slowly we are seeing the fee should increasing because if you pay small the transaction will long to receive.. yes to me the price must be low as if we want to attract more and more people in bitcoin world. if the transaction fee will be reasonable then people will give more preference to bitcoin. |
|
|
|
It possible for bitcoin to be the money of the future but knowing how technological advancement pile up in just a few years, it's possible that people could come up with something better eventually.
I don't know the inner workings of the cryptocurrency but I find the idea that it is in what we call blockchain to be innovative compared to what we currently use know. (Though it strike me as somewhat similar to the idea of the Rai stones). I'm not sure with limited amount of coins available. I understand that this means we wouldn't see anything similar to the governments currency manipulation but this could also mean greater price fluctuation. But then again, I'm no economist, maybe the price would become very stable once all coins have been mined out.
Bitcoin can improve itself, and for sure people will not let other money be on top of bitcoin  And even the transactions we have in bitcoin for sure will be improve which most of people here complaint about. The possibility of bitcoin to be real money is far but the chance to be is high. yes there is no doubt about this that bitcoin is improving, because the number of bitcoin users are continuously increase and people are now becoming more and more mature about bitcoin. |
|
|
|
In 2022, you mean in 5 years? Well, not by everyone, but I think most people from the rich countries will be using it. And also people from the poor countries will be keeping their savings in BTC since their local currencies will be much more unstable than BTC.
I think anything could be happen, although it seem atleast we need to wait more than 10 years to see its happen. I am sure that if global economy is getting worst, people will turn to use bitcoin. i agree with you that bitcoin will use by everyone in coming 10 years in the future because bitcoin is the future currency and bitcoin getting much more popularity everyday and bitcoin getting more power and we can use bitcoin easily in everywhere around the world so bitcoin will be use as global currency in the future. I think its already bitcoin are using by everyone not all people but every country has there are person who are using bitcoin. And more users will come that can use bitcoin locally and online.. but i do not think that in present time all the people of the world are using bitcoin, to me i think not more that 1% people are using bitcoin and therefore we cannot expect that in 2022 all the people of the world will be using bitcoin. |
|
|
|
we should be able to adjust the way we work, and if I was to make money from money is to buy low and I will sell it later at a price that is profitable, that's the way I make money with money
in fact different people are using different ways of earning bitcoin and to me i think the best method of earning bitcoin is trading altcoin . ithink you have a good amount of bitcoin then you can really make good money from trading alt coin. |
|
|
|
Possible or not if bitcoin users increase, china will no longer able to control bitcoin market. i see china market always try to dump the price even other exchange want to the price keep rising.
Sure if Bitcoin gets decentralized enough then the Chinese and other monopolywhores wouldn't be able to control much stake in the network and volume of bitcoins in their possession in order to determine prices for us all. We need get involved and get the message everywhere. but i think bitcoin is not a centralize currency as bitcoin is an international currency and therefore China as well as any other country cannot manipulate the price and market of bitcoin. |
|
|
|
Only people who have many Bitcoin can manipulate the Bitcoin price and maybe they join a group to manipulating the price, need a large amount to manipulate the Bitcoin price.
my be it was possible in past but in present time it may not be possible because now the users of bitcoin are increasing more and more and so it is now becoming more difficult for a single person or group of people to manipulate the price of bitcoin. |
|
|
|
If you are looking to invest money in bitcoins then any time is the best time to do so and you cannot keep on waiting for the price to go back to $100 again as that may never happen and this is still the best time to invest in bitcoins as price will go higher in future.
and specially in present time when the price of bitcoin is trading below 1000 USD. so it is the best time to invest bitcoin and make good money from it because bitcoin is not going to stay here for a long time and very soon the price of bitcoin will start increasing. |
|
|
|
I think the future of paper money is to fall in value, and it is not because of the physical form, but the way the currency is issued. With Bitcoin things are more efficient, since you do not have to depend on politicians.
I thought decentralization would be prohibited by the government so I would be quite doubtful if bitcoin will replace paper money certainly the government has prepared a substitute for paper money. currently it look like difficult but i i think as soon as time pass bitcoin is becoming more and more popular and therefore we can hope that in future it may be possible to replace fiat by bitcoin. |
|
|
|
All the currencies are used for illegal activities especially US dollar as it is the global currency and is accepted world wide irrespective of caste,colour,nation.In india,they tried to ban high value currencies to stop black money and money laundering,but it failed to deliver the results.Preventive steps should be taken to prevent illegal activities and not to ban currencies.
to me i think not only USD but every currency of the world may be use for illegal activities. so we can say that some criminal people will be using bitcoin for illegla activities. but i think there is no fault of any currency. |
|
|
|
I think this is still a debate, many users of the bitcoin is optimistic about the future of the bitcoin will replace the fiat money, I think it still takes long process, because the Government needs political support to approve the wearing of bitcoin.
A very long process that need to take by bitcoin to be implemented as a world currency. Even though there where country that let people use it as their payment yet there were countries that totally contradict with the function of it even there are lots of advantages. Bitcoin is on a long path to become the world currency. Although Bitcoin is used everywhere, there are not many people recognizing this cryptocurrency because they still believe in Fiat and tradition currency. Moreover, some countries even ban Bitcoin for no reason Bitcoin is already a world currency as well as other cryptocurrencies due to their nature that they can be accessed and used all over the world and crossing boundaries and not is limited by just one country like traditional currencies. But even bitcoin is a world currency it is not the official legal tender and so it can never replace the fiat currencies that are existing right now. yes that is right to say that bitcoin is already an international currency as bitcoin can be use as currency in all over the world and hope thatn in future it will become more and more popular. Nothing to say about the statement bitcoin as an international currency. According to the massive adoption and bitcoin have a lot of the users around the world. and it would be assigned as a common aspect. But by determine the bitcoin from the institutional recognition and it looks like bitcoin is not an international currency. The limited of the blocksize makes bitcoin difficult to attract more people to use it. but to me i think bitcoin is already a universal currency as bitcoin is present in all part of the world and all types of people may be using bitcoin. may be there are some places but hope that very soon bitcoin will be using in all over the world. |
|
|
|
The bitcoin value at 1200 were already an invitation to spend or exchange it into fiat or other altcoin, the dump were expected long time ago, and the issue around bitcoin fork and market split were just one of the reasons that had made bitcoin crash almost instant, thats crypto world.
It was difficult to maintain the price that high since we know every time there is a huge rise in price there are going to be people that will want to get out and cash out but the FUD of a possible hard fork really made the dump very abrupt. The current price is already high if you we compare it with the previous years, of course the price will not only move in one direction only that is why bitcoin is volatile, it will always be like that but in the long run the price will rise. It's what traders like, to be able to take advantage of it's volatility and FUD is just normal in the market too but being matured enough, you will know what decisions you should make. but to me i think the price of bitcoin is trading a little low now. but it is expected that the price of bitcoin will increase again and very soon it will cross all time high price very soon. |
|
|
|
Whatever I win I prefer to spend them either in buying some goods or on food and clothes as its a free money for me so would not like to save it and spend it on my friends and family and that is the best way to treat your gambling winnings.
to i am going to store the winning amount and when it will reach to such a good amount of bitcoin then i will convert it into local currency and will then invest it in some profitable business from where i can make some good money. |
|
|
|
My strategy is very simple, for my bitcoin trades. I'm doing nothing with it and that's my long term basis of trading. But for alt coins, it's also simple, since there are people that are just trolling around and making a pump and dump scenario for those altcoins, so usually most of my alt coins are just good for short term trading.
my strategy is also very simple as i do not have such a big amount therefore i mostly trad with investing a little amount of bitcoin in trading. |
|
|
|
I want to learn how to do binary trades on SecondsTrade. Is it really possible to make high profit easily?
Or it's very risk and dangerous?
It totally depends on your skill. It's like if you can predict the value or your predicted value turns out to be correct then you can earn a lot. On the other hand if it goes wrong then you can lose all the money you invested. So it is risky and it totally depend upon your skill and luck. It's like all or nothing as mentioned before. yes and getting skill and experience in trading you need to spend a lot of time in practicing trading cheap alt coins and when become a good trading then you can invest a big amount of bitcoin trading. |
|
|
|
It's hard to say and estimate on how much I'm making and losing in trading. It's like the current price of bitcoin, sometimes it is high and sometimes it is low just like it's fluctuation. There are times that I'm having a good day and earning as high as 0.01 BTC for a day and sometimes I've got nothing to earn.
yes that is right to say as it depend on the price of bitcoin and the price of bitcoin do not remain as constant therefore i do not think that any one can say right abut the income he is getting from bitcoin. |
|
|
|
What is the actual btc price? Is there a standard site that uses the btc price? I read some ppl use the google rate. Others use coinbase... kraken, bitstamp etc. I notice the price for bitstamp for bitcoin seems to be the lowest.
If thats the case, couldn't someone buy on an exchange or site for higher price then sell it on exchange for lower price? I believe this is arbitrage. But i assume this isn't possible due to bitcoin price moving so fast by the minute? Or are the fees a bit too much for this? Example if you could sell bitcoin for $600 on a site... but another site offers $605, obviously you sell on the 2nd site assuming the selling fees are the same etc.
Each exchange had their owned bitcoin price value, this will depend on the huge volume they had. Meaning, you wouldn't see any exchange that has the same exact price,.there are some higher and some are lower something like that. in most most the time the exchanges rate is so much different, even there is a big difference in the price of bitcoin in different exchanges. |
|
|
|
Since I'm not a day trader and I know how much time you need to accumulate for it. I will prefer to do with long term trading, it's much more easier and you just need to be patient before selling your trades. Though the profit will just come once but after selling and earning, you can just do it again by doing the same procedure.
if you do not a day trader then you many also will not be so much effective, so you first need to get some good experience in trading and only then you can make good money from alt coins trading. |
|
|
|
There is no need for using analysis for every gambling game we play. I use analysis only in sports, when I play poker each hand is new set of cards, in slots you just spin the wheel and after x number of loses you rise bets, but point is that there is no need for analysing previous results.
It's how I see the gambling, and my strategy is based on this point of view.
but to me i think there are some formats of games where if you want to invest your money for gambling then you need to have good analysis and knowledge about such games for example in sports gambling you need to have good knowledge in such sports where you want to invest your money. |
|
|
|
Gambling. Is It Wrong?
for me it is wrorg wrong wrong
i lost 2.05btc
ihave 0 btc now
Sorry for your loss, don't blame gambling for your loss! forget about your loss and don't ever try to recover it, you'll lose even more if you do. start from scratch and avoid gambling/gamble in a controlled environment/with spare money, i too once have had lost all my coins and started from 0 and now i have good amount of money locked away in paper wallet. So after loosing do you still gambled and collected that bitcoins or you earned those bitcoins in other ways as I have lost many times in the past so now I don't gamble not even for fun and instead I try my luck on trading sites from where I can earn some profits. I earned by other means, i had pretty good luck with altcoins back in 2013. there were a lot of altcoins (free distribution ones), i gained some money off them. then i used those money to trade/buy other altcoins. still a lot of money can be made off altcoins, look at dash/eth price. in fact trading altcoin is the best way of making money, as there are so many altcoins with good potential which can give you a good profit in the end. but to me i think if you want to make money in trading alt coin you need to have good knowledge about the alt coin where you are going to invest your money as there are so many alt coins which can scam and they can take away your money. |
|
|
|
Many people get addiction gambling game because they can not control their emotion, money and risk.
They have forgot the purpose of gambling just for fun and entertainment although sometime they get profit,
but should the profit is not purpose of gambling game.
important points that need to be controlled is himself. when people gamble in spite of controlling themselves, I think they would really hooked. in addition, it can make you addicted like lead in the wrong direction, thus making your money runs out. Yes, unfortunately there are not method for control our emotion in gambling game can be learned by gamblers at least for right now, it makes difficult for get out from addiction of gambling, so should play gambling with our responsibility about the risk losing money in gambling game and addiction of gambling. Its very hard to believe that people who are addicted to gambling can manage their emotions as they are greedy and want to earn more and more and they are regular gamblers so even if they loose I don't it would make much difference to them as they have gone through same situation many times. yes that is right to say that there will be very little number of people who can manage their can reduce the risk and can increase the chance of making money in gambling. hope this roblemwill e saved |
|
|
|
|
Show Posts
