Greetings,
Do you guys know what is the best wallet for bitcoin? I've never had a crypto-wallet yet. I have a bank account, though. In banks, cash remittance is unlimited and pretty fast, but service fee is pretty high. Is there a wallet with fast cash remittance and minimum service fee for remittance?
Wallets in the form of a computer application. These wallets can be used only on the computer on which they are installed so their mobility is low. Of course, we can install such a wallet on a USB key (pendrive) and use it on almost any computer, but the mobility is still not very satisfying. These portfolios are divided into portfolios: - Full. Storing the entire block chain (Blockchain). Long synchronization time and high resource consumption. Wallets: Bitcoin Core (original bitcoin wallet), Armory - We do not recommend new users! - Light. The block chain is stored on servers and not on the computer as in the case of full portfolios. They are characterized by fast synchronization with the network and low resourceivness. We recommend: Multibit Offline wallets (without internet contact). Serving as a safe for storing bitcoins. Mobility is very low, with the exception of Paper Wallet, which allows eg printing a banknote of any denomination. Wallets: PaperWallet Browser wallets - A wallet provided by a website providing this type of services. To use the wallet, we only need a browser on any computer / phone / tablet. High mobility at the cost of less security, because the security of our funds depends on third parties. Wallets: greenaddress.it, Coinbase.com and instant wallets (for single use only - very low security). Browser portfolios are only suitable for short-term storage of small amounts! |
|
|
|
Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ?
You can not regulate cryptocurrencies. The only option to create a token that will do this is suitable. BTC was first. This is the idea of cryptocurrency. |
|
|
|
Well? Let's hear it.
Of course from BTC. I do not trust altcoin. The only ETH is in second place. Now is the time to invest for a good time. The BTC price is quite low. |
|
|
|
In my opinion , ETH is now more hot than BTC because the explosion of ICOs base on ETH Blockchain. During the recent dip, ETH price even a little come up, all altcoins and BTC holders lose funds but ETH holders still have profit. So i think that ETH will reach BTC price this year. What do you think guys?
Many famous people from the world of finance have their predictions about the price of bitcoin in the near future or in the future. This time, the price forecasts for the second, most-known cryptocurrency were presented. Ethereum is the second after bitcoin in terms of cryptocurrency capitalization. The current price of ETH fluctuates around USD 650, and its market capitalization is around USD 64.7 billion. On 27 April, the MarketWatch news website announced on its website ethereum price forecasts presented by the consulting company deVere Group. It is an independent financial consulting company that provides services in the field of investment and property management. DeVere Group predicts that the price of ethereum will increase fourfold by the end of 2018. According to the forecast of this company, the price of ETH could reach 2,500 USD. |
|
|
|
Yes we don't know if crypto will stay for so long but even there's no assurance here like it turn to not well anymore still we need to take the risk here because we can do only the affordable for us to lose so we can easily accept that situation here so better to risk here like business in real life actually for me even they spread FUD or something bad about bitcoin still we need this in life that's why this is non-stop
Let's hope it does. The truth is that whether we like it or not, a lot of people will always prefer to leave their funds in crypto for very long due to the speed of transaction, borderless transaction and no involvement of a third party, asides the fact that you are going to be making a lot of profit on it as an asset in the long run. Yes, we cannot tell what the future will be like, but it is definitely one worth it, because the truth is banks will never give you 1600% in a year, but at least after some time, he can diversify a little bit and probably set out the main capital $50 x the number of months he has been paying his pension and throw it back where it belongs. Unfortunately, as long as BTC has a very volatile price, it's hard to talk about a profit guarantee. We do not know what will happen next year, it will cost 20k $ lun to fall to the price of 100 $ ... |
|
|
|
The best way to know scam ico is to make research in any coin you want to invest into, seek opinion of people in the crypto community. Mostly scam ico makes use of fake team, hide most information from the users, offers huge bonus etc.
You can not check it. Even a project with very good reviews can be a scam. It may not happen at once. Once and for all buy and watch the market. |
|
|
|
Please tell me how to known a scam ICO to protect myself
BTW now i should buy ICO coin or buy coin on exchange?
Thank so much
The ICO project market has become a scam habitat. Thanks to the spectacular price increases of cryptocurrencies in 2017, the ICO market seems attractive to investors. A wave of growth lulled their vigilance and encouraged them to participate in new projects. It has also caused a huge influx of inexperienced investors, who are often the victims of manipulation on the part of dishonest ICO organizers. Most ICO are scams, the rest are projects whose creators try to implement their plans. Many of them, however, face failures. Only few succeed. However, if this happens, you can count on profits. One thing is certain - you need to get familiar with the information documents of these ICO projects that interest us, and also try to realistically assess the possibilities of implementing individual projects. |
|
|
|
Actually this is true, most tokens have no value but I think it will happen in the future not now. Most are in bubble, because majority of people buy them at the beginning without any success.
You're right, this is a big problem. I am a bounty hunter and, unfortunately, tokens with no value are very common or lose value very quickly. |
|
|
|
I would suggest what I use, Mycelium. It is very simple and easy to use with lots of options in a compact android application. Using it from years now and its developing day by day.
Such applications are not the safest, especially on the phone. Pretty risky thing. Unless you consider it as a temporary one and you do not have more money on it ... |
|
|
|
I agree with that crypto will replace fiat money but i think it is too long for that it will happen, with crypto business transaction will be faster ever through online and no corruption will be made with this because there is no government officials involve.
Nobody will allow it. At least for now. BTC and cryptocurrency can not be adjusted. It is a completely independent creation. This is the problem. BTC will not be legal because it can not be controlled ... |
|
|
|
bitcoin established a good reputation in the cryptomarket and also many huge investors sees bitcoin as alternative form of investment so as long as bitcoin is there use that opportunity to invest and save. Also let us do not limit this topic to bitcoin it is better to say that crytocurrency.
right, bitcoin is only a small part of cryptocurrency, and there are many coins and other altcoins as bitcoin supporters. lucky we already know bitcoin at this time, so if our income smoothly then we will have new business later and it can be used for our old time Yes we have to discuss the whole cryptocurrencies when discussing the field for our future investment and as a business but we have to keep that thing in mind that bitcoin is not a small part of cryptocurrencies. It is right that among all the coins bitcoin is also a coin but still in this condition bitcoin is playing a vital role in the crypto market. If bitcoin will face any siiue then the whole market will face that issue and will dump down. For the investment as retirement it is a good option as in the coming future the coin will be much valuable and will give a huge amount of the person which will be then much easier for that person to start any business with that money. Retirement is associated with a long time, I still have to work 20 years. This is a very long question and here is what the BTC price will be in 20 years. Will not fall to 5 $ / pcs. Either way, it's still a risk. |
|
|
|
I found this expression on the news channel about the crypto currency: "Anyone who will try to buy coffee for cash in 2023, runs the risk of causing laughter from the seller, that he does not use crypto currency."
how do you think, is it realistic? Can a crypto currency replace national money?
I think that it's possible, but it will take more time.
Why not. Now I can not imagine paying without a payment card. Soon it may be the same with BTC. I saw several BTC ATMs in my country. |
|
|
|
It is a good retirement saving plan but I see slot of persons today just spending and lavishing all they earn from the cryptocurrency world. It really doesn't matter the age you are, setting aside some savings for the dry times and also for the future is really the best thing to do; will even help you to stay afloat when the markets are red too.
It is not easy to save in my country. BTC gives you a lot of cool options. Unfortunately, I do not save even in BTC so much I need it but I do not give up  . |
|
|
|
I think it would be fun to have some kind of an idea about why people are in on the 'crypto-wave'. Let me be clear, that there is no right or wrong answers and both are good and none are 'better'..
Is it entirely because of the money that can be gained from the potential price increases, or is it because you believe in the tech? Maybe you do not believe in the BTC but other cryptos, that counts as well for 'believing in the tech'.
If you do not know whether you believe in it or not, you have not read enough about it, and then you are in because of potential gains.
I personally do not care at all about the reason, and there is not one of the two which are morally 'best'. It is completely okay to invest from the only belief and hope, that the money invested will become more worth. I just think it is fun to see
Bitcoin is the opposite of fiat money and its value is determined by the free market. Bitcoin can not be printed, it is immune to inflation and its value is independent of governments and banks. |
|
|
|
I was invited by a friend of a friend to invest in Bitcoin last year. He told me that if I invest 5000 in our currency it will be doubled in a month's time. He also promised me that I will get referral fees and override from every person I introduced to Bitcoin and that prices of Bitcoin are expected to increase. To make the story short I did not join because I believe its a pyramiding scam. Truth to be told I did my research on Bitcoin after that and it turn's out that Bitcoin's price was really on rise unfortunately I did not invest at that time. Currently I'm learning more thru this forum and I thank my friend for inviting me here. Just last December I heard from one of my friends that the company they joined was in fact a pyramiding scam and the money they invested in just vanished out of thin air together with the people who invited them. We should be wary of people offering investments and opportunities to us. Do your research. Opportunity comes with risks as well as the rewards. If its too good to be true, it might be a scam. Bitcoin is not a SCAM but there are people who uses Bitcoin to SCAM other people. Good luck to us and more power to Bitcoin!
I had similar but with mining. My brother-in-law persuaded me to do it in 2013. I did not want to regret it now because I had a lot of cash ... |
|
|
|
Bitcoin at the present time resembles as a bubble.Once it goes up, it immediately pops out. It is normal that the price of bitcoin gets down but it's been a long time since it is on its original value or higher than its real value. Those who invest these past few months are suffering a lot of loaaes and they are losing hope that bitcoin will continue to drastically decrease in value. Do you have guys some advice for me? It will be really appreciated and I will be eternal grateful.
My tips It is said not to keep money on the stock market, and keep them in your private wallet. I do not support this approach if you invest in very small amounts in altcoins. Charges for flipping currency between wallets (private / stock market) will absorb almost the entire profit you earn. This approach makes sense for major investments. Make sure that the withdrawal fee is less than your profits you have earned. If you have earned very little (or even lost), why not stay on the stock market a little longer to get the value of your investment bounced off the bottom? (you will not always wait, sometimes you will go bankrupt) Do not buy on the hill and in the hole. Buy when the price of the currency is relatively stable (though low). Buying on the hill, you risk that in a moment you will meet the so-called correction and you will lose a lot on it. When buying a hole, it is very possible that you have not yet found the "real bottom" and this currency will continue to fall. Read anything about the currency you are planning to buy. Do not go for currencies that are simply cheap, or have a sudden increase of + 300%. You must know what you are throwing in money. I do not recommend investing in a currency of which you know the absolute NIC and hear its name for the first time in your life;) Diversify the risk. There is no such thing as 'sure altcoin'. The price of each can glide up and hit the floor. So, spread your money between several different currencies. Average losses and gains should give you some stability. There is a small chance that all altcoins will collapse at the same time and none will gain value. Invest in the long term. It is a shame to live for daily investments (you buy in the morning, sell in the evening and have, for example, 1-3% of profit). Avoid any ICO (Initial Coin Offering). I'm not saying that all of them are scams, but the investment in these offers is many times more dangerous than the usual game of cryptocurrencies on the stock exchange (these are coins without a past and an unknown future). Without proper education, reading whitepapers from developers, etc., it is not worth to play. If you approach an investment in altcoin as an experiment, not a business idea, believe me - you do not have time to analyze the ICO offer. |
|
|
|
From my little knowledge. Cryptocurrencies are primarily used to buy and sell goods and services, though some newer cryptocurrencies also function to provide a set of rules or obligations for its holders.They possess no intrinsic value in that they are not redeemable for another commodity, such as gold. Unlike traditional currency, they are not issued by a central authority and are not considered legal tender.
I need help in understanding the crypto market and investment advice in order to invest effectively on bitcoin market
Three principles of safe investment You should start with this. Cryptocurrencies are a system based on freedom, and there is no freedom without responsibility! The first rule of safe investment: invest as much as you can lose. Investments can be divided according to the degree of security. Cryptocurrencies are considered risky for two reasons. Firstly, due to the possibility of state interference, and secondly - due to the possibility of virtual theft. Just like before the second threat, you can protect yourself (about this in the further part of the article), so there is no insurance against decisions of democratic politicians. The second rule: diversify the products in which you invest. The fact that Bitcoin can be gold 2.0, and Monero's most anonymous way of storing money does not mean that you have to buy cryptocurrencies for all the savings! Just as it is not worth keeping all the money in one bank, it is just as risky to invest in one product. The third rule: think long-term. Putting PLN 1,000 in bitcoin in 2009, today you could draw almost 100,000. zł. However, if during the great drop in value in 2013 you would get scared and pull out money, you would lose most of your capital. |
|
|
|
Judging from the latest news, Bitcoin Cash (an improved copy of BTC) will prove to be a worthy competitor, which in the future may be more popular than Bitcoin.  Where do you get such messages? BCH Does not even approach the BTC amount. As for me, for the present day, the second equity on the market is ETH ... |
|
|
|
Just remember that Bitcoin is still highly experimental and a high risk investment. You cannot follow this strategy and think that it would be solid enough to carry you through to pensionable age. A lot of things might still happen, until your friend goes on pension. I will also adapt the strstegy a little bit, by only buying when the price is low. Do not simply buy, when you have fiat currency... wait for the price to drop and then buy.
You can keep that cash in your Bank account, until the price drop and then you buy a lot more, for the same amount.
That's true but thanks to the risk you can get a very big yes? eras the price of niesety is not high and it is falling all the time but as for me it's a good one and it will be a good price. Now I would just invest. |
|
|
|
I believe that a huge portion of the the crypto community are still young college students that don't have any necessities that need another source of income aside from their scholarships / the money they are getting from their parents .
And apart from spending their cryptos on either betting or purchasing goods/video games from online markets , many of these students didn't make plans for what they'll do with their coins in the future.
I myself have had many thoughts about hodling and launching a business as soon as i graduate with the coins in my possession , yet i'm not exactly sure what i'll be doing ..
So i'm really curious about :
- On what do you spend your coins apart than partying/gambling/paying for tuition loans ?
- Do you have any future plans for your coins if you are hodling any ?
Everyone has their own needs to spend money. If they are earned legally, let them spend what they want;). I have higher proprytets and the time of suds is long over. Now for me is an important family and I spend it on them. |
|
|
|
|
Show Posts
