Trading is the better of two evils as they say. While both are equally risky, I think that with trading the risks are slightly less and can be controlled to an extent. For instance in trading, depending on your experience or knowledge, you can guess when a pump/dump is coming or likely and make your trades accordingly whereas with gambling you are playing against the casino who isn’t in business with the sole aim of giving out free money sonits a losing battle.
Gambling does not need analysis and prediction, gambling tend to have no experience at all. While on the other hand trading needs to be studied, experience, analysis, research, and prediction. And everything that instant is definitely not good. While trading is something that needs a process and not an instant thing. After all, if you lose in gambling, you can not turn back your capital and your losses. But if you lose money in trading, you can still return some of your losses by selling your currency at a low price. In trading there is also a name, long-term trading. Where do you buy and collect a currency then sell it at an expensive price. It can also be called investment. |
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Gambling is depends on luck only no need for experience it is not like trading where experience and updated knowledge highly recommended that is why i prefer to trade most of time than gambling .
It doesn't depends on luck only, if you think that it's no need for experience you are only playing those games that are mostly depending to luck. But if you'll stay on a casino and you are playing those mind games like poker and sports betting, you also need to have sometime to analyze the game and it's not only about luck but it's also depending on your strategy, way of thinking and decision making. Gambling is mostly dependent on luck. But I think experience is also needed in gambling. For example, when you play a gambling game, you can not bet the amount of money you want. If you bet you, you might lose something. You may be able to profit and win from gambling, but if you bet in vain, you can lose more than your profit. How can I know this? Because of my experience in gambling. I've won a lot of money that looks a lot when I'm still at Senior High School, but then because I'm a casual bet I'm losing all my profits. So experience is indeed needed in gambling, not just for the sake of win, but for the sake of profits. |
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This is not practical. Buying meal in fastfoods are meant to be paid with fiat money. Bitcoin is for business world and is not meant for buying you cheeseburgers, groceries and such. You will just waste your bitcoin if you use it to buy those kind of things. I have also heard that Mcdo will accept bitcoin and I have the same point of view.
It is very interesting, useful information. I have not even heard of it. Now Bitcoin will be exploited more widely and various sectors of life will follow suit. Apart from the negative side of Bitcoin, I hope we can all use Bitcoin wisely and be free of all negative things. But I'm still confused about the cost of Bitcoin that has become very large and small transactions so terpimpit. Maybe I do not understand about this and maybe friends here can answer my question. Or maybe it's not just Bitcoin that will be used for transactions in the real world like KFC, minimarkets, restaurants, hotels, and many more, maybe other cryptocurrencies can also be used. |
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As a government, they want to control everything by their rules and policies so that everything will be in order. This cryptocurrency is beyond their rules and it may affect the security of the people in their country.
First of all, we all know that our flat and cash money always keeps in the bank. And we all know that all transactions are limited and only adults can use. While cryptocurrency is not limited by anything, both in terms of transactions and the amount of money sent. Everyone can use cryptocurrency without age limit. And we're storing cryptocurrency in online wallets that have nothing to do with banks and governments. We can be the bank itself by using cryptocurrency and wallet online, therefore the government and the bank can not take profit from us. Maybe that's why they tire Bitcoin. In fact, the government can take advantage of Bitcoin if you know how. |
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Well, the reason why we have so many people panicking about the price is because so many people have jumped into this market with zero prior experience in trading, so they don't know how to manage risks, how to spot a FUD, pumps and dumps and so on. And since a lot of newcomers are getting in after hearing about cryptocurrencies from their friends or some internet articles or even television, those who are promoting cryptocurrencies should warn potential newbies about all the dangers. It is simply not enough to tell people to buy Bitcoin, not only there's a chance that they might panic sell, but there's also many other risks like scams and malware.
That is quite right, but what is your definition about "weak" ? It's true that not everyone can dare to invest, but you should know that all the rich people are sure to invest. Why ? Because that's how rich people make money. The poor and the middle class just work and save, while the rich multiply their money by way of investment. That is what we must model from the lifestyle of the rich. And if we want to be rich, we have to invest. We do not have to invest into cryptocurrency, we can invest into a variety of other things that may even be more certain than cryptocurrency. Examples such as: Home, land, gold, silver, property, and so forth. |
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probably they using bitcoin and they using hide site to transaction I heard some illegal transaction online on deepweb
Well, for me i don't believe that using bitcoin site can hide into illegal transaction online because right now we can not see an evidence that proves to illegal users transacting in a huge amount. And to the subject creator it has a huge payment of bitcoin when we patiently do the right thing in earning profit. I do not think you understand much about the real world of the Internet. There are some places on the internet that can not be accessed haphazardly. Most of the websites on the internet can not be found through search engines and are deliberately hidden. That's what is called the Deep Web. There are so many things there, and not all bad because there is a lot of good information that we can get there. But there are also terrible things like illegal deals with drugs, weapons, and human trade. People who do transactions will usually use cryptocurrency because they think the cryptocurrency can be used for free and hidden transactions. |
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Well, it's very simple: you have to offer some value! If you have money, you can buy bitcoin; if not, you can work and ask to be payed in bitcoin.
Buying Bitcoin is a general way and also the simplest way of obtaining Bitcoin without stress, and everyone can also do that. But as for those who can’t afford to buy Bitcoin at its current rate, the only option they are left with is working for it. But mostly skilled people can make enough money through this way, either by working as writers or being engineers and freelancing. Others who can’t do either of those two can decide to go for trading, gambling and other source for earning. If you can’t do those, I don’t know what else you can do. Hahaha, yes you're right. But I think the OP question is very clear that he is asking about how to get Bitcoin for free or through a job. But the OP question is also wrong because the answer is also clear. To get Bitcoin in fact you just need to type a sentence in google is "how to get Bitcoin". That way you will get a lot of good answers and you can adjust to your abilities. How to get Bitcoin is the easiest to do Bounty in this forum and do trading. My advice is, do not do faucet because it's not worth it. I hope this kind of question will never happen again and everyone can be wise enough to search on google about some specific keyword. |
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I don't know why paper money didn't die yet and goverments use crypto. Bitcoin and other cryptos are impossible to print. It is just like a dollar, a euro is worth let just say 1 dollar and and usd is worth 2 dollars, same as bitcoin but it just rises quicker.
I think there are so many topics like this and people are beginning to talk about cashless society. Maybe in the future, people living in the modern city will leave cash and switch to cashless. But you should know that there are still people who transact using cash in small countries and poor countries where their people still live in villages and traditional markets. You must understand what I mean, that cash will never disappear from their lives. Not everyone knows computers, not everyone can use technology. All modern life and the development of the times can only be felt for us who live in the city. Including cryptocurrency world. |
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I guess not. Banks have been there for how many centuries. Maybe crytocurrency can be part of the currrency but im bot sure it will demolish the bank. People still need a paper money because not all countries i mean people in a certain countries know about this cryptocurrency thingy. People will keep coming back from the bank to deposit or withdraw their earning or savings. Most people are doing the regular job so this is way too far to happen.
I think that would be almost impossible. Why ? Because people need a place to keep their money safe and big. We certainly can not keep all our money in physical form. When you were a child you must also be taught in school, if saving money through the piggy bank is risky and dangerous if for example a fire in your house. If the bank happens fire, the money we have can still be replaced. But do not get me wrong first. I read some comments on the person above, that in the long term maybe the bank may disappear. I need to point out that the bank will never disappear. Maybe the shape of the bank and its system will change, but it will never disappear. |
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Hey folks, Do you guys think Etherium will go up to $10,000 or more?
The current market cap of ETH is $134.138.424.413 (according to coinmarketcap). BTC's market cap is less than double of that amount ($242.915.084.500). So if you want ETH to x7 or x8 from here, market cap would be much higher than the one from BTC. I am not sure if that will happen too soon but of course, everything is possible in crypto market. Hahaha, yes you are right. I like the last sentence you said that everything is possible in cryptocurrency market. Ethereum price can go as high as it can but can go down as low as it can according to the whole situations, rumors, governments, people, market, and many more. There are so much thing that can affect the price of Ethereum. I hope Ethereum will go high just like Bitcoin because I am counting on Ethereum to be my next investment, and I really rely my future on Bitcoin and Ethereum. I hope cryptocurrency can change my life and my future. I hope cryptocurrency will give me a financial freedom and make my family happy. |
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On the gambler's eye, bitcoin is actually a gambling because when you invest, it's either you will earn great profit (WIN) or you might find yourself in a hole where you want to sell your bitcoin at a very low price (LOSE) when it's price goes down deep. So it's really very important that you have to know first about what you are really investing to.
Actually, gambling or can not be determined from everyone who do invest. If you do not know about the investment you're in, then it's the same as you gamble. If you know what you have to do, and you know about the investment you're doing, it means you're not gambling and really investing. It's just like investing Bitcoin, and investing into other things in the world. But if you ask about other investments, like gold, house and land, I should say that investment is more certain than cryptocurrency. So if you compare home investment, land, and silver gold with Bitcoin, then you'll know that Bitcoin is more impressed with gambling than them. I hope you understand what I am saying. |
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Bitcoin prices are influenced by some rumours, and because the decentralized system depends on the demand and sales of the bitcoin itself. If the demand for bitcoin increases then bitcoin prices will be high, but if investors sell their bitcoin then the price will go down too.
But for now, I read in some media there are two factors that cause bitcoin prices down. The first Microsoft Companies is not accepting payment via bitcoin anymore because bitcoin transaction is very long to processing just one transaction and high fee from one transaction. And the other reason is Coinmarketcap removed Korean exchanges from the market cap. That's why bitcoin price down, perhaps by next month the developer of bitcoin will launch the lighting network to speed up the process of bitcoin transactions.
Well, I think there are many factors that could affect the rise and fall in the price of Bitcoin. When it comes to the rumors you say I do not know. All I know is this, I'll try to explain some of the things I understand about Bitcoin price changes. First is the number of blockchains that are mined. If more Bitcoin is mined, the amount of Bitcoin in the blockchain will be less, it means Bitcoin will be scarce and the price will be higher. Second, someday Bitcoin will run out and can not be mined anymore. Third, more and more people are looking for Bitcoin for various reasons, such as invest, business, trading, and saved because it is believed to be the currency of the future. |
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Can anyone answer this question: I buy 1Bitcoin worth $15000. It gets to $20,000. I make $5000 extra and i cash this out. Will I still have my 1 BTC at 15000? If the price goes to $15000 then rises to $17000. Will I make $2000 profit the second time? Will i keep getting fractions added to my 1 bitcoin as the value goes up?
Let me make it very simple to you. Your amount of Bitcoin does not grow at all. It is just the value of it that grows. So when you made a withdrawal or conversion into fiat of the amount of $5,000, that means your Bitcoin is not 1 anymore. But your total Bitcoin is still valued at $15,000 because it has already grown $5,000. When you have Bitcoins, it is only the value that goes up and down but not the amount of your holdings. Yes that is true. I do not think the OP understands the concept of Bitcoin. Let me explain it in a very simple way. Suppose you buy one gold for $ 1000. Then the price of gold increases to $ 2000 next year. At that time you get a profit of $ 1000, right? Then you want to get $ 1000 from your profit. You sold some of your gold, and you got $ 1000. The question is, is your gold still intact? Of course not. Now your gold is half as you have sold half of it. Now your remaining gold for $ 1000. Do you understood what I'm saying? Your gold is not double, the amount of your gold is still the same. It's just the price that grow. Just like Bitcoin. |
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It will be a great idea if you will just hold that bitcoin cash because if you will hold it for long term then you can expect some profit in the long run since it is like the same as bitcoin but it has a lower fee and a faster transaction phase that you can experience when you use bitcoin cash and you can compare your experience with the original bitcoin and you will be surprise for the results.
I think the answer is very clear. If you want more profit, then hold is the best choice. But if you are too afraid and do not want to take risks with this one cryptocurrency, then you can sell and change into Ethereum or other cryptocurrency. I think, if I think Bitcoin Cash is good enough to invest. It can be seen from the development of the price that is real and visible. If I have enough money, I might as well invest into Bitcoin Cash. Currently the most popular cryptocurrency I think is Bitcoin, Ethereum, and Bitcoin Cash. So please do research and analysis yourself to be sure. |
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Even it has been quite for a while, i believe it is going to be in top five this year again. because, it has low transaction fees and lots of potential compared to bitcoin which is slow and expensive. hope litecoin returns to the game.
I highly doubt this due to some amazing altcoins emerging out of nowhere. Litecoin is a great investment for me and I do realize that its future looks bleak due to the whole developer controversy recently, but I don't think it is simply going to lie down and die. This is an established coin with a big community supporting it which is why I feel that the coin will continue to survive as long as the community and investors continue to trust it. Personally, I still have faith in this coin and am HODLING it for big long term profits. I also have the same opinion with you. I think it would be very difficult for Litecoin to die and just disappear. If the problem of price reduction, may still be happening. However, Litecoin price increases will remain in the long run. We should know that Litecoin has existed long ago. From the first time I knew Bitcoin, even Litecoin was there. So I guess Litecoin will continue to grow, in terms of price and in terms of market in the future. I hope Litecoin can also follow in the footsteps of Bitcoin and Ethereum. Maybe if I had the money, I would also invest some money into Litecoin. |
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I would neither invest in BTC (too expensive) nor ICO (too risky). I would chose some good alts, which already finished their ICOs, are listed on some exchanges and have an active developer team and community. There are some good alts which still have a low marketcap (so you can buy these alts at relatively cheap prices) but with a plan for the future and great potential.
Well, that's a pretty good suggestion. I also have the same thoughts and views. In my opinion, it all depends on you. I want to ask something, do you mind to invest for a long time? If you do not mind investing in a few months and even a year, then Bitcoin and Ethereum are good enough for you and will not hurt you. But if you want to profit in a short time like for example a few weeks and a few days. Maybe you should do research yourself because I do not know about it. It's true as you say that ICO is too risky. And because Bitcoin's current fee is huge, then you have to invest in bulk to Bitcoin. |
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I just posted this over in the thread on the 'favorite projects' and i think it also applies here.. The obvious answer to your question, like one of the first messages stated is that everyone is just going to shill their own investments to you.. I will also do this but I am going to tell you instead.. Before you buy anything.. check out these 3 projects.. I personally think they are awesome and of course.. I own as much as I can get my hands on.. I like MEDIBlocks quite a lot..
I think to take advantage of your capital, the best way is to research and do your own analysis of ICO and Altcoin latest that can give a lot of profit. Especially with a lot of capital, I think $ 2000 has included a lot of capital. Kuhanya can give simple suggestion. If you do not mind waiting a few months or even a year. So popular cryptocurrency like Bitcoin and Ethereum is enough and you can use to invest. But if you want a profit that you can get in a short time, maybe you should find out for yourself about the new ICO and Altcoin potentially bring a lot of profit. |
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At the time you created the topic, the Bitcoin rate is not rising and even tends to decrease, but over the past 3 days the Bitcoin rate has increased by 10% but today it tends to decrease, very stable. If you have a certain amount of Bitcoin you should hold and wait until the end of 2018 for the expected rate of Bitcoin will increase in 2018. Instead of trading Bitcoin, you should learn about the top 10 altcoins and invest in it, which will definitely make a huge profit in 2018.
I do not think the OP knows too much about the world of Bitcoin and cryptocurrency. The rise and fall in prices in the world of cryptocurrency is common. Especially with the world of Bitcoin. You do not have to worry about the price of Bitcoin, because Bitcoin's price will always increase all the time. Hardfork and price reductions will always happen but you do not need to panic. Keep trading and hold as you like according to what you have to do. You can trade, but you have to find out for yourself how to trade properly. You can also hold and wait until you get a lot of profit. For experienced holder, you will never be afraid of the temporary decline in Bitcoin prices. |
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Obviously, this will be a low rate, but I have seen some say that as low as 1BC=$13.5k, is this plausible?
Yes, it's plausible. If you can get this price, consider yourself as lucky due to current price tend to increase, over $16,000 at the moment. Bitcoin fall to $12,980 in December, 31st and around $13,363 in January 3rd ( https://coinmarketcap.com/currencies/bitcoin/#charts). I'm not sure if you can get the same price in the nearly future, maybe after few weeks when bitcoin get corrected again, it will fall to around $13,000 for sure. Well if I think it's almost impossible to happen. You have to wait for a big hardfork in the future so that it can happen. And nobody knows about it, whether it can happen or not. So I can only advise you not to wait that but buy and collect cryptocurrency as much as you can. Do not wait for a price reduction like the newbie and the uninitiated. Many people who want to take advantage of their little capital to do it, including me first. But now I realize and must collect Bitcoin as soon as possible and as much as possible. Do not lose profit that you can get, just because you wait for something uncertain. |
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I would advise you to earn at least 500-1000$ on usual job and than go into crypto, keep investing in mining, differentiate your income with trading and don't forget about bounties, it is worth participating. Now you do perfect ROI, but in absolute numbers it is small money and doesn't pay off your efforts
Wow, that's cool. Surely it would be so exciting to follow. I hope you can continue to update and tell your journey in the world of cryptocurrency and trading. I hope you can also share about tricks and tips for trading. Surely you have a lot of knowledge that can be shared for all of us. I'm sure many people who participate in the discussion by asking and tell about useful information about trading. Whether it is trading Bitcoin or Altcoin or other cryptocurrency. I hope you can succeed from trading and get a lot of profit from trading. Your current profits are good and I'm happy to know that you're growing. |
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