Omg I just checked on the price and it suddenly took a leap from 8.8k to 9.3k$.
People predicted it would reach 10k$ by year end ,what are your predictions ,any new trading strategy you have come up with?
This is not an ordinary pump but a great surge in prices within few days almost 24% in 2-4 days.It will reach $10k before 1st December globally and has reached across $10000 in some countries and till the end it would be at approximataly be stable at $9500 or so.The price to moon is very close so let's wait and hold. |
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The King BTC is ruling the world of cryptocurrency. It's now here   What do you think? Will it cross $10K/ BTC before the 1st December? I think it has already crossed that benchmark of $10k in some Asian countries and soon it will be crossed globally for sure.While investors are waiting for $10000 in India it is already $10800 and at the end of year it will be stable between $9200-9500 and this is a great pump in price.Let's hodl it.  |
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I read an article on Business Insider, Inc. and couldn't help thinking many banks would like to see the end of Bitcoin.
"Miners are turning to more powerful computers to complete these tasks and earn bitcoin. As a result, mining (and on the flipside, bitcoin transactions) are sucking up greater and greater amounts of electricity. Bitcoin transactions now use so much energy that the electricity used for a single trade could power a home for almost a whole month, according to Dutch bank ING"
- Businessinsider@ businessinsider.com
What do you think would be the impact of the anti Bitcoin sentiment of the bank knowing they wield a lot of influence with the governments?
Is Bitcoin really an identifiable threat to banking?
What measures must traditional banking adopt so as not to miss out if Bitcoin would dominate the future?
If we talk about competing then there is a competition between bitcoin and banks but if question is about existence then yes banks are here to stay for long term.Taking into considerations the fact of banks opting blockchain technology then it can be said that banks are preparing themselves for future but they performs several different functions which makes them unique and they are not scared by btc but in some terms ready to fight with it as they might loose control over legal currency if it is regulated by government. So they are just updating themselves with latest technology changes. |
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What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?
Asking this question is not good because the investment amount you plan to invest totally depends upon you.Its your matter of choice that how much you want to start with.If lower on budget you can start with small altcoins like litecoin and with bigger amount go with ETH or bitcoin. So there is no limits on this.There is a risk also so keep in mind and then plan it.But with huge investment came more profit and with less came small profits.The choice lies with you. |
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What'd you think people? Bitcoin now has reached new ATH or it can surpass $9,000 and already heading to $10,000 that quick?  It had already reached the landmark of $9000 globally which has been officially announced so we are heading to $10k by the end of year as this figures seems now to short for the bitcoin to pass and can be easily crossed.Hope the price reach there soon without any drama creating dip or pump or dump situation in btc prices.Hope the next year to be more great than previous. |
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I've always been one who sells to earlier, either to minimize my losses or to realize my earnings ASAP and leave. I've seen in most of my investments, if not all that if I would've just left the coins there they would've been worth 10-50x what I put in before. This is upsetting as a person and trader, as I see how much money I'm missing out on.
How do you traders do it, hold and hold and hold. Waiting around for more and more money?
The one way is loosing the fear of losing your money and just relax and relieve stress out of your mind by not listening to all the negative news about your investment.The other way is analyze that what changes are going to happen in market that is market favours you or not and then make decisions instead of exiting the situation without dealing with it.Be patient and hold your atleast 30-40% investment for long term and do regular trading out of others.Sometime the situation is of pumping and dumping and we loose our coins so you need to be a keen observer if you don't want to loose.But with experience you can do it so don't worry about all that just be patient in crypto market and get profits. |
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Today Galaxy Investment Partners Founder Mike Novogratz said to Bloomberg: "Bitcoin is like gold, it has value because people say it has value".
He believes bitcoin ends a year at $10 000! Can you believe this?!
Many experts have already speculated the price at the end of the year to $10k and if we take a look a graphs showing btc prices and growth we can see this turn into reality.Reports by CNN and CNBC also states somewhat this.As we are in mid November and price is above $9200 or so but still this can happen as btc has shown what of can really do so wait for our X- mas present. |
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Some rumorus about Bitcoin going to 10k before Dec2017... is possible?
At this time anything is possible because its seems that btc will break the limit lines soon and reach at new heights.Although there are fluctuations in past few days but all these are temperory because the chart shows us after dip btc rose or boost very quickly. The supply of 21 million can be related with it as demand and its popularity is increasing the price line are moving upwards.So wait and hodl. |
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Can i anybody put me through the basics of knowing when to sell and when to hold?...
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.
This is exactly what traders do and which makes them different from others.They are aware about the market conditions of the altcoins they are trading and speculate the price changes as pumps and dumps affect their profit making which is their main work.They keep sharp eyes on prevailing situations and this is a tough and interesting task in which if you succeed then guaranteed success is there and vice versa.But sometimes they also fail to do so.So you need to analyze the market before selling or holding the coins with you. |
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btc in dump these days ,so what will happen next few days . is it dump again for correction or rise up again
If your monitor the growth chart of bitcoin closely you will notice that after every dip or fork btc prices go down for some time but after that they are pumped to a new level.There is always a constant growth. In the past days BCH market cap increased with investments of billions and moving its price to $1600 there is dumping in btc but now its going to recover and after the dumping of BCH the prices of bitcoin will boost up and reach new levels.So just relax and hold it. |
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Does anyone on here think that there is ever going to be Bitcoin Bank, be it something which is centralized or something which isn't really doesn't matter. But I'd think of this as a company, or a union (like one of those credit union banks) where loans would be given out to people with trust, money is held, and so on and so forth.
I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.
Like we hear about the bitcoin credit card which allows you to spend from your wallet bitcoin bank also don't seems impossible in the future but this will not work good.As there would be centralized control of one financial institution over its regulation and government will intervene in the matters which will give a dip to its prices as they would become more stable and it will loose its speciality and no individual control will be there and limits might be put on.So its good as decentralized currency and will remain always. |
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The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin?  There are many advantages of having btc in your wallet as you can make profits by just hodling for a long time because of the fluctuations in price which is not possible with legal currency.Investors buy more more at dip and sell at higher price and gain money for the risk bearing.Other some cool advantages consists of paying your bills at ease of only one transaction from your laptop or mobile phone.Earning bitcoin hepls people to survive in today's hard surviving world without problems. So this coin have changed the lifestyle of individuals in a positive way. |
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Please as a newbie how can I trade , please teach me everything
No one can guide you properly as you yourself can.Everything comes with experience and knowledge so analyze the market and then trade and invest in good altcoins which have potential to grow and speculate the changes precisely.Keep in mind that crypto business is too much risky so take care of your decisions. Most important learn from your mistakes which heps a lot. |
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Given the fall in bitcoin in the past 24-32hrs, is it a good time to buy bitcoin?
You should go with investing a amount you can afford in buying BTC now as the prices have gone down a little due to a company reporting crypto heist of $30 million and now the price is somewhere $7000 and its dip so hurry up and don't losses the opportunity as the price will hit $10k in short time.Don't regret afterwards and don't wait for the price to go below $6000 because it seems not possible and to for it. |
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This is so really hard to say special cause its difficult to explain specialty in short word
Some of them are given below:
It’s a type of currency which know as peer to peer currency and this permit to send and receive money without help of broker or third party involvement
Every bitcoin holder can review their account information after sending money or receiving money from their account.
After all kind of transection bitcoin recorded sufficient proof of every client and account holder through different facilities.
Buying and selling process is so much easier than other currency
I think above mention quotation is sufficient for proving that how much special the bitcoin is.
The reason behind it speciality is already mentioned.It was the first digital coin created by sathoshi for peer to peer transaction without the involvement of third party based on the blockchain technology.The other coins uses the same technology now but of was the first so it deserves some special respect and priority over altcoins.On the other side it has given investors a huge profit within short time which was not possible otherwise and still tends to rise more in future and have much potential than other coins and much more respect and faith need to be given to this crypto pioneer. |
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I am hearing a lot of users' complaint about having a problem transferring their BTC, Nowadays I am not selling it because I am "Hodling" it for future. But I am a bit of scared now because all this news about the people's BTC being hacked.
What should I do If My wallet or BTC gets hacked?
If you have lot of BTC in your waller you need to take much precautionary measures to save yourself from malicious group of hackers or fishers which might gain access to your wallet by hacking your private keys.So its better you opt for 2FA security meausers and be sure that you don't have malwares or junks in your software where is your wallet. Prefer dekstop wallet over web wallet.Always keep a check over this and ensure this don't happen. |
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Do you think Ether will catch up? The technology is more advanced, but will scalability of ethereum be an issue?
Both are the most popular and widely used cryptocurrencies with huge market cap of billions.They both have the potential to grow in future but we cannot compare ETH to Bitcoin as it will always remain ahead of it in the long run also.There is difference of almost $7800 between both the currencies and it cannot be covered easily.Although the technical background of ETH is strong but it is not much stable and still lacks in many way. |
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I want to invest in bitcoin but before i did this i want to hear u guys first.
Many people get eroded away by this type of fake news same as you and make their illusions that its not good to invest in bitcoin.There is always a risk while dealing in crypto market but if you notice the growth of bitcoin you will see that its solid and pace is increasing. You need to know about Bitcoin first and then made up your mind to invest with your decisions.Dropping to altcoins prices seems not possible that is from $8200 to $200-300 did it? |
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The speculation about btc price are done every time and sometimes they are correct and sometime not.The predictions related to this year price are near about $10k. But some want a dip so they can buy more at nearly $6000 or below which does not seems possible. The price can be around $8600 because of reports stating crypto heast of a company. Let's wait for it and see what happens.
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The price is moving towards it's goal and trend chart shows the possibility to hit $10k by this year last week but according to a report by business insider a company name "tether" have reported a heist of $30 million in crypto currency which is affecting btc and ETH prices to have dip so due to some reasons it might not get possible to see this peak price by end of the year |
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