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Guys, What happened to coinzy its been weeks and they're still on maintenance. i can't create a new virtual debit card to load up. Got any recommendation? Preferably for only $1 or less its just a virtual one anyways. Tried wirex but my country is not supported. I'm from Philippines
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I think bitcoin price will grow massively before the fork.
People will try to get free bitcoin gold
For that people need to have bitcoin in their wallet.
And remember Bitcoin will always remain King.
I do not know if the price is going to go up massively but at least we are finally seeing bitcoin moving up after the past weeks and all the FUD we had, I think it is possible we see a price of 5000 before the hard fork since everyone will want to get in bitcoin so they can get their bitcoin gold and then sell it for a profit. yah i also think that $5000 is just a matter of time now, it'll be before the fork or after although it can be both since most people are expecting the same thing that happened on august first fork where every bitcoin holder gets a free bitcoin cash--depends on how much they own--. Thats why the most possible reason why bitcoin is pumping now is because the bigger amount of bitcoin you hold the bigger bitcoin gold you'll have. its also the reason why most altcoins are red since people are dumping it because of bitcoin. |
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To summarize all you have to do is to search every part of the project and analyze them as well as use your common sense. To give you what you need to look up, here it is
1. Check who are behind the project. their past projects, well known areas etc.
2. Check if their goal and concept is realistic
3. Always read their whitepaper and do a due diligence
4. Check if they have an escrow
5. Check every social media sites of them
Some flaws are easy to spot like wrong grammar and bad graphics. if we use our common sense on this then everything involving the particular project should make sense, if not then better drop it.
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I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?
Trading or holding will both allow you to get benefit so why not do the same thing at the same time. Try to look for the best information before investing into a coin so you would not lost the profit immediately due to the decrease of value. can not guarantee what could happen still. i use to hold a promising token but after sometime things got awry and the value dips less than that we expect. there were so much expectation about the token being more than $10 after a year but its disappointing. which is why its best to just keep going with the flow and that riding the pump can always make you profit. you can't expect every one to hold so before they could dump, its best you do it the first. yah i have also experienced something like that thankfully i learned my lesson because compared to bitcoin as they have more hypes and fuds thus resulting in a much wilder fluctuation so you have to be more careful. This is also one of the reasons why day trading can be less riskier because you just join the pump and get out quickly, the shorter the time frame the higher the accuracy although it depends entirely on what strategy will you use on day trading. its still has its risk |
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Giving USI Tech a try with 0.5BTC to start and see how it goes but it could do well for me. Check it out. Great concept and brings it home to small investors  https://69119d65.usi-tech.info/Wondering if anyone here has joined and looking for their feedback. It is related with Dubai created coin. If someone wanna to gamble with his money this one is good option. 0.5 btc is a lot of money for my budget to forgive on this project.If someone share feedback about site it will be nice. .5 is a huge amount so i don't think someone is willing to gamble this kind of amount on some shady looking site. gambling itself is bad what more if you do it on some suspicious site?. i saw some bad reviews on it when i searched it but actually there is no need for a search as this sites offer is too good to be true, that is an indication for you guys to stay away from it. and to be clear to gamble i mean you have an all or nothing chance so its given that the user have already prepared himself for the worst. |
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i traded for a while with a bot. worked great until that fatal moment...
LoL ... I am curious about this fatal moment. Please more details ...  My trading is based on intuition and I usually avoid trading "empty" coins not backed by good dev. team, or backed by any product, service or backing fund. I believe, our computers become more powerfull one day to handle artificial intelligence at home. But, machine will never learn or predict the crowd reactions or crowd behaviour. Amen. Using a bot on trading is not recommended particularly if you're a newbie although having said that, basing on your intuition doesn't do any better as it is also a worse way of trading. If you're using your intuition then you're technically doing gambling. if you guys do wanna succeed on trading, its better not to rely on someone or something in your trades as you yourself should be dong that. Always study the price movements (charts), be updated on the news and don't forget to use google for fuurther questions |
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Bitcoin is an investment. A stock or an asset class/commodity can be debated, although it doesn't much matter. Bitcoin is a store of value not a medium of exchange.
I agree, but it's the fault of the people who bought it seeking profits and not real usages. I mean, I'm not sure if it's a "fault", but having a virtual "thing" that has actually no usage other then people speculating on the exchanges is a very risky situation. There is no real demand for bitcoin, as for something to be used for anonymously made transactions, there is that fake demand for bitcoin, because it is still raising and by buying it you can expect some profits. The sole fact, that so many people on that forum post constantly only about holding it and waiting as it's price will grow is very harming for bitcoin as a currency. Because what is the point of a currency, that no one wants to use? People seems like they are afraid to pay in bitcoin, because it may be worth more in the future, so they only keep it. The basic use of bitcoin is forgotten by everyone, everyone is using it for sake of making money and no one is using it as money it is confined to be known as investment rather than digital form of money and this is alarming situation satoshi didn’t created it for making profit he makes it for the user reliability one can use it everywhere he goes but here story is different it is money making business now. But it is not actually currency, that is the problem. Since people are still trying to figure out what bitcoins are, it is still unclear how it should actually be used. Most of the time people are just buying bitcoins for purposes of speculative investments. It's hard to predict the movement of bitcoin, but I know that this coin will be run as currencies. In terms of exchange in any side of crypto currency world, bitcoin was always used and I believe that in the end bitcoin will still considered as currency in digital world. a currency is a generally accepted medium of exchange, in my opinion bitcoin meets that criteria although a it is also said that a currency should be backed by a government. Many countries are regulating bitcoin although they don't show their support on it except Japan who has fully accepted bitcoin and is currently testing it. So the conclusion is for now its in between a currency and not |
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If Bitcoin had a stable price, I think the possibility for it's price to be popular will not like be how it is right now. Bitcoin creates a more exciting environment when it comes to pricing because of how it actually raise up or not so much.
The more it will be popular as ever of course.The stability of the price makes it more worthy because it could give more profit so that if it is stable then your income is also stable. I think more people will invest if they had a stable price and the rest will follow. Like me, I chose bitcoin for I believe that this idea will help me grow more in business. I want to be open minded in every task I deal with. The more with others who join in this crypto world. I will continue exploring ideas in bitcoin so I keep on reading interesting info in here. How ironic that almost all investors and traders today have come for bitcoin mainly because of its volatility or rather because of that, it is believed that its price will continue to rise. its not possible to predict what will happen accurately although in this case theres also a none most probably event as both outcomes has a disadvantage and advantages. Having said its a fact that pondering about this topic is pretty useless as it is impossible to happen. what should we do is to think of a strategy based on facts |
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i think the only legit cloud mining is genesis mining ! iam working with them since 2 years now and the owner is also from germany like me so iam supporting my locals  Genesis mining has many video proofs of there mining in iceland ! I like them a lot and get great paymens every day ! mind payout at moment is 150 000 Satoshi its mined fast if you own some ghs there! kind regards There are actually a few legit paying cloud mining sites out there e.g. hashnest although that doesn't guarantee you that they will remain like that always so my advice will always be to stay away from cloud mining sites as much as possible. Also experiencing problems with them should be expected so if you wanna try you have to be ready for it. Always invest an amount you can afford to lose although i think a person who profits on his first try will likely invest more on his second try. |
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I guess bitcoin is not intended to have that kind of value I mean pumping and dropping its just that its value cannot be determine at thia point in time and since it is not yet stable in the market we experience sudden increase or decrease in price depending on tge demabd bitcoin gets.
I highly doubt that bitcoin will be stable as it is already wild in nature so we just have to get used to its frequent pump and dumps although to be honest the wild nature of its price is not bad in fact many people are earning bucks because of it. thats right its value cannot be determine because of this nature but isn't it the same with everything in the near future, besides we can always speculate and take risks to profit from it |
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That is because people still want to buy bitcoin cheaper than it was before.
Makes sense to me. It also makes sense that when you're in the middle of a bull market to buy the dips. The question is when will the bull market run out of steam. Either way, we're not at the end of it; we're just hovering right now, and it's probably not a bad idea to buy at $4350. Whenever we break out of this range, we're likely to head higher. If only I had more money to burn, I'd be buying bitcoin. Alas, I do not.  Personally, I don't have much money. And I don't want to buy bitcoin for expensive prices. I believe in it, but when I want to buy it, it should be really cheap like crysis prices. That's the reason of my act. lolololol. People who wants to profit in bitcoin but doesn't have the guts to buy because they proclaimed "its expensive" should just step out. Life is not that easy if you're waiting for a really cheap price like that then you're just waiting for nothing and while at it you'll losing opportunities. if you want to earn big then you have to take a risk. the advice i can give you now is to earn from jobs if you don't have money and then wait for the dump after a big pump to buy. Look at the charts after a big quick pump it dumps. Just don't ask so much for a lower price you'll be good. be realistic |
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Worlds' economy is still set up on traditional basis and there is not much room (yet) for technologies like Bitcoin to take the control. So it's actually impossible to happen for Bitcoin to control the economy but that isn't in fact the purpose of it. All this wishfull thinking about Bitcoin taking over the economy or finances and becoming a leader is just pure fantasy.
I won't agree with you Buddy.Why because, now Many people work for bitcoin and get their income. Many employees also get in to Bitcoin and get there second salary from the bitcoin. So the bitcoin strongly modifying the economy and soon it will take a control of World Economy. Economy isn't just about jobs and what payment system is widely used for it. because from what you're saying even paypal can control the economy as many employers use it to pay their employees and in fact it overwhelms bitcoin in terms of numbers. Sorry but it seems you don't know how little users bitcoin has compared to the total number of population on earth. I have to agree on bitbunny that bitcoin is way too far on controlling the economy in the first place it doesn't need to |
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What does being smart means? One can be smart and he can act very strategic, but if the luck is not with him and he's not luck, he can't do anything on crypto market. You should be luck first.
And then you should be able to investigate the market opportunities without getting bored.
Why should you be lucky first? Everything in life takes skill. If someone relies on luck even if they win then it will not be as beneficial as someone who earns with hard work. For me. Its better to be a strategic person because you can do some techniques when you earn here. Yes if you have knowledge in this kind of business you can earn bigger but if youre a strategic person maybe your earnings is bigger than that. For sure being strategic is much better than being smart. But many times there is smartness that you must have to show while sticking to your strategy that will give you more fruit cakes. Plus as you said, if your strategy comes along the good results, that will help you to make good experience and ultimately good profits at the end. uhh so if you're strategic then you are not smart? listen, this smart word is a very vague one as there are many kinds of smartness e.g. academically smart, basically there are people who are good at a specific thing but does pretty bad in another. in my opinion being strategic is one of many kinds of smartness thats why i don't understand why people are bringing walls to show they are different when in fact they are somewhat synonymous. |
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Wow, nice news. If doge coin is accepted at amazon is open the way for being accepted of crypto currencies in the world. Soon or later , Etherum will be the same. I'm gonna buy more doge and ETH for now. Thanks for your information sir.
Woah sir. this is just a petition and theres no official statement from amazon about this so hold your horses. petitions are not always useful even if they gathered lots of signatures, it doesn't give an assurance of good result so in case you're buying for a long term or waiting for the price to pump, you might wanna reconsider your decisions as i doubt that this petition will cause a pump. |
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Coinbase released an update on the Bitcoin SegWit2x hard fork that customers with bitcoin balances stored on Coinbase at the time of the fork will have access to bitcoin on both blockchains. We wanted to give our customers an update on the upcoming Bitcoin SegWit2x hard fork in November 2017.
We operate by the principle that our customers should benefit to the greatest extent possible from hard forks or other unexpected events. This is essential in our mission to make Coinbase the most trusted, safe, and easy-to-use digital currency exchange.
Customers with bitcoin balances stored on Coinbase at the time of the fork will have access to bitcoin on both blockchains. There is no action required from customers and bitcoin can be securely stored on Coinbase before, during, and after the fork.
After the fork, we will enable access when we have determined each blockchain is secure and stable. We expect this to happen within a few days after the fork, but it may take longer if additional risks emerge.
In the coming weeks — nearer to the date of the fork — we will provide a more detailed plan for how Coinbase will approach naming the two Bitcoin blockchains. https://blog.coinbase.com/update-on-the-bitcoin-segwit2x-hard-fork-69426f14bc85Wow so much irony. we all know that they just wanted to hold off the coins to sell at a high price and then buy back again when the price falls to give them to their users. I'd rather trust bittrex than them since they did a good job on august fork although its much better to hold your coins in a wallet that you control your private keys. oh well we should still wait their announcements but definitely not coinbases, they are known for their stupid services why are people still using their services? |
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The key drivers for mass adoption of Bitcoin amongst commercial subjects are two - lower volatility of Bitcoin and friendlier legal and compliance standards. We are still far from such an adoption, I would say that Bitcoin nowadays is rather asset to speculate on than currency to pay with.
i don't think the lower volatility is even possible for bitcoin and should not be included in those key drivers as its beyond reality. although to be honest the second will play a great role in the coming mass adoption but i think its more of the people will become the key on this mass adoption because if you think it this way, if people or consumers to be precise, demands for bitcoin then retailers will just follow them. in my own opinion it'll just take time before the mass adoption and the retailers to acknowledge bitcoin and altcoins |
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Right now I don't think there will be an altcoin that can surpass bitcoin. Not only that bitcoin has the most established market but it also has the most number of users and transactions which are factors that concludes whether the price will increase or decrease and those factora alone are already more than enough proof that no altcoin can surpass bitcoin now.
Its not just the price that decides it but also the market capitalization which bitcoin has the most. if you look at the charts the second to bitcoin who has the largest market cap among all cryptocurrencies is ethereum and to be honest the gap is way too wide to catch up furthermore theres a big chance that it'll keep widening as the time goes by. So if they something big doesn't come up for altcoins even a close fight has a low chance of happening. oh maybe if somethng big happens to bitcoin resulting in severe damage on peoples trust, they might have a chance |
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Yes, it's risky, so that I recommend to divide your funds like 80% into bitcoin, and the rest as your backup funds, just in case. As you said this funds just sits in the Bank and do nothing, so it's safe to put it into bitcoin, especially for long term. It's better to keep your funds in bitcoin than put it in bank with all of their interest. I'm sure bitcoin price will reach at least $8000 in the next year, so your funds will be doubled within a year. you just said that it is risky so why are you going to divide your funds with 80% on bitcoin? in my opinion that is still risky because bitcoins price is not stable in fact it is wild so 80% is too much. and i think people keep their money on banks is not mainly because of interest but because of they want this security. seriously if you're into interest then just go with investment e.g. bitcoin although invest an amount you can afford to lose. also theres no sure in speculations and predictions |
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It can happen but i don't think we're even alive or some of us can't even have have the power to use gadgets when that time comes because the world and its people must be
ready first before changing something like this so don't even mention or expect you'll see it. The essential things needed for cryptocurrencies to replace our usual money isn't
present right now, for example advance technology, rich economy and technology literate people--at least should be near the total population
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