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Honestly, the most amazing way to make money is always working for it.
You do not make dollars by trading it to euro and to Japanese yen and Chinese yuan and than back to dollars.
However, you do try that in bitcoin world. Why would you consider doing something unusual in bitcoin world would yield you more profit than actually working when that is the only way you make money with fiat currency. I work like hell every single day, doesn't matter if its Monday or Sunday I work 7 days a week couple hours everyday just to make money.
Good part, if the price goes up like last December what I made will became thousands of dollars in profit instead of regular work and you will have to put your money into bitcoin just to make the same amount. I rather make money with my sweat and effort instead of just putting my money into it.
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I have happened to find it very interesting that bitcoin will cap out sooner or later. I believe that it will be worth much more when it hits it but a few years down the ride quite possibly it may be worth nothing. Anyone got any predicts and a good reason why?
Honestly, it doesn't matter if it reaches 21 million or it is 18-19 million, the upcoming coins are mined both really slowly and also doesn't really make a huge difference in the market. They are good for miners but that is about it, no one else takes any advantage out of it. It is not like we are at 700k bitcoin right now and 20+ million to mined. There is only couple million left and the important question is what will happen when it is getting closer to the 21th million coin. The reality it will never be mined and whenever it gets close there will be a halving that will fix that. If the miners start to not make enough from mining the coin itself they will need to make money from transaction fees and unless we figure out a way that will make them a decent chunk of money to cover the difference than they may stop doing that work and suddenly leave us with a much slower blockchain. |
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For bitcoin to be used as a store of value and a medium of exchanging for goods and services, It must be stable like others currencies. For the past 5 to 7 weeks now bitcoin has started to develop that characteristics and that is a big sign that both online and offline retails and wholesales business will started to used it very soon. I believe that in blockchain technology we are getting closer to what the founders has in mind.
You are talking about "stability" like it is something we always had and will always have. Bitcoin is stable for now but there are couple weeks every year (even the most stable year in 2018 had some insane jumps time to time) and the price increases and decreases insanely. I agree it has been stable most of the time instead of volatile but it doesn't mean it will stay like that. This is not a stablecoin like tether or something this is bitcoin we are talking about. The price will never be too stable and will change to insane levels either upside or downside and than become stable once again. Considering this people who check out bitcoin will realize that even tho the price has been stable for now historically it has not been like that and will not want to danger their investments to something this volatile. |
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They both have different purposes in life if you ask me. Blockchain has a purpose that it will be a new software in the world where almost all new important software programs will use and definitely take advantage of the possibilities of it.
With blockchain many sectors in the world can improve their software a lot and they will make working easier and definitely cut down on some manhours put into many work meaning it will drop the costs for the companies so they will start looking for more "blockchain developer" or whatever.
Whereas cryptocurrency which uses blockchain is basically a new way of investment for us and hopefully in the future when more places start accepting crypto payments or there is a way of paying with crypto anywhere even if they don't take it (like debit card or mobile app) than it will just be part of our lives individually instead of business world.
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Yes I currently check the coinmarketcap.com and see some positive signs that bitcoin will going to starts its bull run. It has still some time for the bull run and maybe this would be great to invest now in bitcoin.
As always, do not focus only in bitcoin for there are good altcoins in the market too like ETH, BCH, and XMR. Just invest also on this crypto.
Coinmarketcap is not what would give you the details on how the market is going to be doing in the short term, as that is something that would still have a lot to do with the direction bitcoin eventually ends up facing probably towards the end of this month. Although, so many signs are showing bullish, but the bearish sentiment is still in the space, until the market tend to move upward to form a higher high and that is the only time we may even be able to see some volume participating in the market but for now, we may just have to keep our fingers crossed. |
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If this is true , I believe the development would go a long way in increasing the adoption rate of cryptocurrency.
Considering the fact that it will open room for more potential investors to jump in .
If we really want to be looking at it based on adoption rate, this is not something that is new per se as there have been a lot of exchanges doing this over the years. However, judging from the fact that Binance is a very big and high volume exchange, this would really give a chance to get the market exposed to the real world entirely and give chance to more investors to easily pop into the space. Nonetheless, this is something that would require a strict regulation though one way or the other, considering the fact that fiat is involved, but it is really a very good one. |
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There are no such ways or informations to be disclosed about when it comes to trading.Actually I had read up that article and the things I do read about
relying on someones Trading signals and if you do lose up money then you would only realize that you have made the wrong decision on following them.
Too much in a hurry to make big profits isn't really good,id rather choose to lose my money on my own analysis rather than on following someones advice
with a fee. Theres no proper TA on trading which would be precise on any entry or exits of each order.
People should basically realize the fact that we are talking about trading as a profession here and the only way you can even be able to get anything out of it, is to at least have the basic knowledge on how to be handling some situations in most cases. Your ability to do analysis, is dependent on the knowledge, skills and strategies you have in those areas, which is not something you will get to be able to do, unless you have been able to learn as much as possible and be patient with learning and practicing as those who rush through it, usually do not find it funny eventually. |
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It is a normal thing never to see people brag about failures and even when they fail, they simply just want to paint it in such a light you get to make them see you as someone that knows what he is doing.
Personally I have never lied and I remember how my first two years of trading was a bit rough as I really did not get to learn some of the things I needed to, but one thing certainly is that if you are not truthful to yourself; how on earth will you be able to learn in such situations ?
Unfortunately, we cannot tell if people get to want to talk about their failures, or they get to talk about their success even when they failed, but all the same, that is their cup of tea.
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No it's not. Just because bitcoin's price has been sitting at 6k these past few weeks doesn't mean that bitcoin is about to die. It has survived worst dip than this. Chill out, man. Bitcoin is here to stay.
The problem actually is that a lot of people in this space are too myopic in their thinking and that is some problem I must say because it limits them from seeing the possibilities in the future since they have no understanding of what the space is all about and the value it brings. For sure, this is just the beginning of bitcoin and just very few people understand the fact that even in the long term we are still in an uptrend and it would take some level of understanding to even be realizing that in the first place. For what it is worth, I believe in the long term growth of bitcoin and that is what is more important to me than the short term movements. |
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A person who want business is open minded, he or she never questioned everythinf instead he is willing to try because if he always refused he cannot find a good business that will suit to him or much better make him success. Starting a business have failures but that failure will make you strong.
If you are just always procrastinating then you wouldn't be able to move forward. You have to take action so that there will be progress in your business. A good business is something that you are passionate about and even if you begin with no profits since you are starting to gain back your capital, you will eventually be able to earn if you strive hard. Failures are inevitable but make it as a stepping stone so that you would be able to figure out how to be successful. Life is not a bed of roses, and there will always be challenges, but a lot of people are always scared of these challenges that they even find it very hard to challenge themselves at all. People who are successful in businesses today became successful because they tried and they made it a thing to keep on going irrespective of what happens. If you do not try as a person, then you will blame yourself in the long run when you get hold and know the things you should have done which you did not do. Accomplishments in life are all about the things you did and not the things you thought of. |
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Bitcoin to me is getting elitist by the day and getting out of the reach of the poor enough to change their lives. So for me it's hard to attempt to kick out poverty using Bitcoin, except of course you were referring to other crypto assets which are still relatively cheap in price as compared to other. Those can easily be bought and money easily made off them
Well, if that is the case, which is because the poor really are their own cause of their predicament. It is their own choice to make and if just the simple idea of having some knowledge to be able to know that no matter what they are putting in now, it is for the future, or at least, have some knowledge of what makes the space ticks, then, they should blame no one when they are left out in the end. Do you want to know what makes the difference between the poor and the rich ? Opportunity and the usage of the opportunity for the better good. |
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What do you mean by trading exchange for newbies? All exchanges are for everybody and no restrictions to a particular rank of bitcointalk. However, what you should have say is that newbies need experience on how to trade in exchange.
A simple exchanges report for their reference only, they can found info here without actually use all of them  With most exchanges these days, it is not really relevant to be considering interface when it comes to choosing exchange, what is important is to at least get yourself guaranteed with respect to the security of your money, which is one thing I believe actually counts, and then knowing how reputable the exchange is. The reason why I said that is because I trade on 3 different exchanges and I only log in to them whenever I only want to be making a withdrawal or deposit, while I use my API to trade on the likes of Tabtrader, which has always served effectively and I believe that is good enough. For reputable exchanges and at least to my own taste, I will say I still feel comfortable with binance and bittrex. |
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The fact is that most countries are trying to make their stablecoin, mostly supported by fiat money.
Yes, what else would you have expected ? Government will obviously not come up with a decentralized protocol which will probably make them lose all the necessary controls they can have and in that case, what we are just going to end up seeing is the replica of fiat on the blockchain. However, this is something that would really be a whole lot better for the government in the long run when it comes to the cost of having to print paper money, and then going with the blockchain that would even bring about some centralized control and transparency in a way, I believe those are something that would still benefit the country as a whole eventually. |
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There is new update for the ranking system of newbie. https://bitcointalk.org/index.php?topic=5030366.0Admin added some restrictions and one of it is you can't wear a signature and personal text, you need to earn at least 1 merit to become jr member. The restriction was highly needed a whole lot with the whole thing going on with garbage posting for newbies, but the thing actually is that at the end, this merit system is going to be abused as I have seen even shit posters trying to get merit from somewhere I do not understand just to rank up which means one way or the other, we have people abusing it and at the end, it would not serve its purpose. Nonetheless, it is a good thing it is there anyway, because restrictions are actually better than not having any at all, as that would help curtail a lot of shit posting and any newbie who at least wants to rank up should post something pretty quality to be able to get that. |
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Wow. It's really interesting to find out how many ways we can make the predictions about the future wrong ...
It would be great to keep the articles we write today, and get a laugh, reading them in thirty years ...
Predictions about the future are usually going to always be wrong unless maybe you are just lucky to say something and you end up seeing it coming to pass, but generally no one can place their hands on what will happen in the next minute, let alone tomorrow. I really do not see any possibility in having a one world currency at all looking at the fact that most countries prefer the idea of being independent, and you obviously cannot impose anything on anyone as long as you do not have hold on them. Just like Hydrogen said, judging from Brexit and some other acts all over the world, we will most definitely know it would be hard to be a thing. |
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I am expecting (and hoping) BTC to reach at least 7,000 - 8,000$ by the end of this year. It really is hard to guess. It might even reach 10,000$ too and we wouldn't be so surprised.
Well, it is all an expectation and we may actually see the chance actually, but I am not really banking on it that much. For bitcoin actually, before I can start expecting anything serious, I will be considering looking at next year and the one after, before we can even start seeing the possibility of a clear uptrend as the case may be. This year, we still remain in a bear year until maybe we see some great news with some big push up which shows a huge strength of the bulls. Let's just see what the trend will be telling us before the end of the year and we will know where we are actually headed next. |
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You should learn the both and eventually makes your choice, no crypto enthusiast should limit himself to only a particular aspect, you need some trading knowledge in making investment decisions, both type of trading all have different outcome and requirements. Particularly for a very busy person, long trading should be the best as you do not habw to watch the market all day while short trading requires constant monitoring
Actually, he should go learn how to trade first as he cannot make a decisions whether he wants to go long term or short term without learning. The shorter the term, the more the risks which is why a lot of people always end up preferring long term styles of trading, but the reality here is that, you cannot get the best from any style of trading if you do not even have the knowledge to pull through. At the end, the OP will just have to find which one suits him best in the long run, and that decision cannot be made without having some good understanding of how all the style of trading should be and the strategies he can use to trade them effectively. |
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I have already bought for a long time and I hope that the growth of snvo will repeat and we will be able to earn well on this as in previous years
That is really a very good thing. For those who are seeing that the future is great, I am sure buying in now is actually some pretty good bargain from them and at least far better off than buying at the previous ATH. The chances of the market to recover will always be there and that makes it a whole lot interesting. As long as growth is concern, this is something that is inevitable as long as the market is not dead which I believe we all know this is a market that is just starting its journey with a lot of opportunities in the long run and there is still a huge opportunity for those who will like to hop into the train early. |
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Anything can be possible but which also comes with risks as well,in crypto trading you can make even 10% or more in a day but it is impossible to maintain that profit percentage for a week because the prices might fall in that periods,I don;t suggest you to do day trading because by day trading you will possibly make nothing at the end just do it if you want to make money in very short term.
Actually, the more rewarding something is when it comes to trading, the more risky it can get. To be able to get such a percentage is actually realistic but it depends on the general condition of the market and the time frame with which you are trading on. One good thing is that it is a very volatile market, so if you know what you are doing, the chances of being able to get 10% weekly is something that is very close to possibility and you can even get more depending on how good you are. But in as much as you have to understand the reward, you also have to understand the risks, which is why you really need to take learning and practicing seriously first. |
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Bitcoin Volumes Surge Nearly 30% as it Price Breaks Out of $6,550
Bitcoin, the most dominant cryptocurrency in the global market, has seen an abrupt increase in its volume from $2 billion to $2.53 billion on CoinCap.io. On Coinmarketcap, the volume of Bitcoin has risen from $3.2 billion to $3.8. The discrepancy between the volume of BTC listed on CoinCap.io and Coinmarketcap comes from CoinCap.io’s system that does not take daily trading volumes from exchanges suspected to have inflated numbers into account. Volume was the Biggest Issue Throughout the past seven days, CCN consistently reported that the low volume of Bitcoin had posed a serious issue for the rest of the market. Although tokens started to initiate some big gains on October 8, the lack of momentum on BTC has prevented the market from initiating large gains to the upside. For most of October, Bitcoin was bear biased, with weakening $6,500 support level and continuous demonstration of low market activity. Edward Morra, a technical analyst in the cryptocurrency sector, reported this week that Bitcoin had recorded the lowest volume in 2018. The unforeseen drop in the volume of Bitcoin meant one of two things; either market is demonstrating seller fatigue or traders are simply not trading in the cryptocurrency exchange market due to the uncertainty in the market. “This is the lowest recorded daily volume in more than a year at least (as much as I could squeeze on the chart leaving chart readable) while hovering around the POC of the whole 2018. This is combined volume from various exchanges,” Morra said. It is possible that a combination of the two factors affected the short-term price trend of BTC, leading it to maintain record-high stability at the $6,550 mark. One positive element in the price trend of Bitcoin throughout the past 30 days is that the digital asset has achieved five consecutive higher lows, which generally indicate a positive short-term price movement. https://www.ccn.com/bitcoin-volumes-surge-nearly-30-as-it-price-breaks-out-of-6550/ I think people started to see that bitcoin price is not going any further down so they started to purchase as much as they can at these levels fearing they will miss out on the next bitcoin moon price coming along. None of us really know when will the price be 20k again maybe it will be during november or maybe it will be during 2020 but all of us here knows that price will not be staying still at 6k levels for a long time, it reached the bottom and now trying to recollect itself and go above, which means if you buy right now you are in luck. The good part is we are not afraid anymore. |
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