a poorly designed website on a practically free domain name (.today) is screaming scam!

a deeper look at the site shows that it really is a scam faucet like system that forces you to upgrade (pay money) to get paid and then since this has always ben a broken strategy as long as internet existed, they can never sustain it and surely enough their last payment was maid on 16th which is 8 days ago.
they have ran out of money to pay!

ps. this has nothing to do with mining by the way!

correct, it is all about bitcoin but it has nothing to do with its market cap and how big a % it is!
it has always been like this to the point that people call altcoins as penny stocks!

and so far whenever bitcoin price rises, altcoins get dumped. and whenever bitcoin has bad days with big dumps, the altcoins get dumped one more time too.
but when altcoins (or anything really) gets dumped fast and big, they will inevitably make a recovery. it is mainly because people see the dip and see the "low price" and consider it as a chance to purchase. and that brings the price back up.

you don't need to watch the market 24/7, you make a speculation and hope you are as close as possible with your prediction.
for that you use the charts and orderbook and the history and the fact that how big that pump can be.

place orders at a price that gives me a satisfying profit!
seriously you need to stop being greedy if you want to succeed. stop trying to get the most out of it, just take a small profit (even 5%) and be happy about it. you don't always need to make 1000% to be satisfied.

the biggest thing to expect is a faster and much easier growth now that the scaling debate is finally coming to an end. it is nearly over now. and that was one of the biggest reasons for keeping bitcoin back, all the debates all the spam attacks and all the high transaction fees. these are mostly over now (more or less). and we can only move on from this.


people need to start using SegWit for it to become effective. and that takes time. all the things about the mempool and the block size are still going to be the same. and that 0.3 kB block is a normal thing that happens.

it is probably already too late
it usually is, the news always makes its effect when it comes out not when it actually happens and news came out a while ago and now it is the "due date" of that news. which means any kind of dump the news has already priced in and we are back to normal.

with stocks and bonds and all that stuff the profit is always small because they don't grow that much in most of the times but at the same time this means they don't drop as much either. this makes them a more stable investment with less risk.

with cryptocurrencies things are different, they grow a lot but also they drop a lot too. speaking of altcoins, they get manipulated a lot too and that makes them much more volatile. all of this makes cryptocurrencies a more profitable investment but at a much higher risk.

it is as they say: high risk, high reward.
so you have to choose how much you want to invest and how much risk you are willing to take. in the end if you can figure out the market you can easily double your money (100% profit) in a month. or lose all of it in a month too. (-100% loss)

I have bought from bitfinex but mostly I use localbitcoins to buy with local currency directly.

bitfinex mostly but since I am more of a altcoin trader I am on bittrex most of the times.

I don't buy altcoins with fiat to want to "convert back to bitcoin". I buy they with bitcoin and sell them for bitcoin too. this means for example I invest 1BTC and get 2BTC out, so automatically my profit is saved in bitcoin form and there is nothing called "bitcoin is low", bitcoin is always rising at all times. even after the recent correction price is still 280% higher than the start of this year! and will be higher next year and next year, and so on.

no, I am a hodler so I hodl bitcoin for long term. sometimes I sell some small amounts if I need money or if I want to get something out to keep myself happy with fiat profit. but it rarely happens and it is always a small amount.

the fees, no matter how many they are or whatever, should be much lower than your profit. if they are not that means you are doing something wrong and maybe trading is not meant for you.

the thing is, you should make up your mind. if you want to become a trader or to trade occasionally when there is a price surge followed by a correction or to become a full hodler.
* the first one buys and sells bitcoin every day on every dip and rise no matter what, OP is full of shit for these people.
* the second one should only sell on top not after the price started coming down (aka after correction). in this case any price above $4000. and then buy back in a couple of days after the correction was finished. again OP is full of shit for these people also because it is already late and will become too late soon to sell anything because it will soon be the bottom
* and the third is obvious, they just buy and hodl until price is 10K, 100K,... according to their plans. and again OP is full of shit for these people too

I mean it is the same pattern all over again: https://bitcointalk.org/index.php?topic=1935374.0;all
how many times something has to happen before people stop losing money by selling in the bottom instead!
it is always the same, there is a rise and it stops, when it does everyone is saying buy buy buy, then the correction starts and price drops and people are mostly silent but when it reaches bottom everyone starts saying sell sell sell!!! it is like the opposite day with bitcoin everyday.

what you should know is that there are much easier ways of avoiding taxes than using bitcoin. it is the same for many other things that people keep asking here such as money laundering, or generally some other illegal activities. they are all much easier done with other methods such as using cash directly.
using bitcoin will actually make all of these much harder for them to perform and it makes it even easier for the law enforcement to find and catch them with the proof publicly and undeniably available!!!

this is relative hashrate chart not hashrate chart.
for example this means something like this:
btc hashrate: 5000 : 98.03%
bcc hashrate: 100 : 1.96%

then after a week:
btc hashrate: 5000 : 83.33%
bcc hashrate: 1000 : 16.66%

arbitrary numbers but that is practically what the chart shows.

---

nothing about bitcoin has changed so far. the blocks are being mined at the same rate. or at least if anything has changed it is not yet noticeable.

on the other hand it seems like many have been waiting for this difficulty adjustment of BCC (as I have also suspected some time ago) and as it was lowered a lot, they rushed to mine it. currently in the past 1 hour there has been about 66 blocks mined.
105 in 2 hours
129 in 3 hours

but this still doesn't prove anything from bitcoin is taken to dedicate to bitcoin cash.

I am disappointed in you kwuky. your FUD used to have some facts in them in the past and you didn't lie about everything but now it is all bullshit post. are you getting desperate or old?

bitcoin price is still above $4000 and strong despite testing the waters below and never lasting because of the buy support.

and what you are calling "stable" is a shaky market on the way down at best.
bitcoin cash has lost 25% of its value in the past 3 days alone and it is continueing to fall because as everyone expected the 0.21BTC was in fact a fake pump.
and ethereum which you keep advertising has been on the dumping spree for a long time. it was pumped today for another attempt to make some money out of it and that will probably won't last much longer than the last pumps.

what the hell are you talking about
storing your coins on an exchange wallet is the least safe way in the whole world. have you never heard of all the exchanges that either scammed their users or got hacked and ran away?
the list is almost too long now. Mt Gox, Btter, Cryptsy, Bitfinex, and a lot of smaller exchanges and I think we can add btc-e which was closed down by FBI to the list of exchanges that people lost their coins on.

not much about the hashrate and how many miners are mining bitcoin cash has changed as far as I can tell. it was just a bitcoin-cash-specific difficulty adjustment that happened to reduce the difficulty A LOT to help with the very low hashrate and production of blocks.

the price is just a pump because they hyped it a lot by a lot of different news like the 8 MB block, being more profitable, and crap like that.

it is not a simple black or white situation and nothing else. it depends on a lot of things in my opinion.

for starters when people accumulate/hoard bitcoin that means they keep buying it and holding it because they have a big target in mind and when we get there what they sell won't matter much in the price because market is too big by then. this is good for the price.

but also at the same time if everyone starts only holding bitcoin and never spend it then we can't really expect it to grow either. we can't expect adoption, merchants accepting it,... because there is nobody to spend bitcoin! and that is bad for both price and future of bitcoin.

bitcoin is a currency but since the value of it grows because of adoption, it is treated as an investment and that aspect has become more important than the currency aspect for some people.

yes it is the perfect time to buy bitcoin because it is not yet $500,000 so you can afford to buy one $500,000 bitcoin for the price of $4000.

after September is October, then November, then December then January 2018, February,.... and each month there will be another thing going on. it is fork now, then it is ETF, then it is someone FUDing then it is China again, then it is another country, then it is another bullshit we don't know yet, and so on.
if you want to wait for each of these you will end up waiting for eternity.

what you need to know is that these sites (coinmarketcap, coindesk, etc) are all giving you an average price which means they take the price from multiple resources it can even be USD, JPY, CNY,... and convert it all to USD and give an average price.

also another important thing is their update rate. you should check to see how fast each of these update. for example coinmarketcap does it every 5 minutes.

I don't think so. that is not a healthy rise for such a short period of time.

it is very simple, the price only goes up based on adoption (growing demand) and that won't grow suddenly from 4K to 500K out of nowhere. so unless US, all the European countries, Middle east, major Asian countries all at once decide to adopt bitcoin like Japan this week, I don't expect 500K this year either. and bitcoin is too big to fake pump it so again it is impossible.

it can happen in the long term though. don't look at the big number, that will scare you. instead look at the fact that there is only 21 million coins (16.5 mil mined so far) and there are billions of people around the world as potential investors.

I agree that this is one of the biggest problems that bitcoin facing for becoming a currency but the good news is that the changes like $200 in one hour are so rare that they almost never happen and even if a $200 change happens it won't last, it will coma back to normal level right after.
there is also a solution for that, using services like bitpay which pays the merchant the equivalent fiat value instead.
and on top of it, the crazy volatility has been decreasing as bitcoin grows in popularity and adoption.

dude you need to research first then say things like that

this is nearly from 2009 bitcoin price to today's price of $267,100 a share


that is the whole point of being decentralized. that if and when a government banned it, nothing happens to bitcoin. it stays alive and continues as before.
yes if a big country like US bans bitcoin someday the price will take a big hit but who cares, it won't kill bitcoin and that means the price will recover eventually.

and all that aside, why are we even talking about price here! clarify first that are you talking about bitcoin as a currency or bitcoin as an investment that you want more profit from.

do you know how money is printed? I mean the technical details of it, the type of paper, the type of ink they use, the equipment they use, how long it takes, how they make it secure, add that line thingy, and lots of other details?

of course not. you don't know, your mom doesn't know, an average Joe doesn't know either. so why do you want to know the technical details of bitcoin?

all you need to know is how and where to download a wallet and some basic computer stuff like how to install a program
and these days with services like Coinbase that offer a wallet like paypal online there isn't really any need for "complicated stuff". you just make an account and use bitcoin!

then use them. if you really feel you need to, and bitcoin is not suitable for that need of yours like your example here then use Debit/Credit cards. nobody is taking them away from you!
and your example is also weird! you say it is a trusted company but yet they said "something came up, so pay us more"!!! that doesn't make any sense!

no it never happens!
here is my address: 1C8kZHcFBtREhRDrvo3P8LRAoDGXL739Do
change the last 2 letters for example from "Do" to "ab" your wallet will give you an error that this address is wrong.

bitcoin is not 100% anonymous and it is not 100% traceable either and if someone told you otherwise in any article they were confused and you were on a bad resource.
as for fees, they were never supposed to be "no fees". the fees were a part of bitcoin from nearly the start around 2011 ish IIRC.

I don't understand your point here!
bitcoin is still a new technology in its beta stage and is not yet adopted completely so what you expect is unreasonable.

besides, I think you need to take a trip to Japan and look around in their shopping centers then come back and try to repeat what you just said after seeing the bitcoin is accepted here everywhere without tax.

credit cards are stolen every second. how many bitcoin wallet is hacked every year?
feel free to hack my wallet!

also what you said about bitfinex,... has nothing to do with bitcoin! that is some third party who either were foolish enough to get hacked or shady enough to rob its users and say they were hacked. what does this have to do anything with bitcoin?

then which one am I after 3-4 years?
which one are all the rest of people like those hundred million dollar payments that go through bitpay each month? are those all scammers buying stuff from legit merchants registered with bitpay?

first because people are only talking about this topic and calling it as Mt Gox 2 when price reached the ATH and stopped (slowed down and there was a correction). nobody said a word when price was rising for about a week.

second because the bitcoin of 2013 is not the same as bitcoin of 2017. back then nobody knew about bitcoin except those who were mining it and a small number of traders. now everyone knows about bitcoin. bitcoin has made the first page of biggest financial papers multiple times so far. multiple countries adopted bitcoin. a lot of growth has happened and this all means a big part of this rise is real not fake.

third, back in 2013 market was still very small and that small market was completely centralized in only 1 exchange and that was Mt Gox. no other exchange could even come close to the volume they had. it was more than 80% of the whole market. and the rest was so tiny or were reporting fake volumes to remain relevant. bitfinex in comparison is too small. it has less than 8% of the total volume and only if it is real vol not fake reports. you can not control a market price with that kind of portions!

finally I am not denying there is manipulation present in bitcoin market, but it is not so drastic and big as articles like what you shared are suggesting. it is much smaller than that. and since it is well spread among many exchanges, no one person/entity/group can ever control things on a large scale or for long. we saw this when whales on bitstamp were trying to keep bitcoin price down earlier this year when price was around $1200. we saw how they failed and lost a lot of money because of it. and that is when bitfinex was closed and bitstamp was like the next choice everyone went to.

think of bitcoin as a currency like any other currency and that solves most of your unanswered questions in your mind. you can simply earn it the same way you earn money, by doing jobs. what job you do then depends on your skills and how much time you are willing to spend on it.

as for altcoins there are only two ways of making money from them and that is either mining or trading them. I prefer trading since the electricity cost of mining is high. but trading requires only your skills and an initial investment.