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Btctalk name : darewaller
Rank : Hero Member
Current post count : 1074
BTC address : 129gtbmPt9MMgX4Ryf5mJznSzCsVaNDrxm
Wear appropriate signature : yes
Wear avatar : yes
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I used to be an addicted poker gambler way back 8 years ago. That time i am still single and didn’t have any responsibilities but myself only. I used to manage my own business then but sad to say it was gone because i mismanaged the business and just let my employess do all the work due to i was so busy playing my favorite game. And then i meet my wife now and right away we got a child. From then i realized before my wife delivered our eldest child that i need to quit my gambling addiction ang just focus into my family and i did.
That is absolutely right step taken by you at that time. This is surely important that when you have got a family to support and to feed them and to give them shelter and to fulfill their needs and desires then you have o be sensible. Many people are not understanding this fact. They are just addicted to their games and gambling and in the end, their results are so destructive to them and to their families as well. |
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How is Bitcoin different from Etherium?
I have seen many questions on this matter around Bitcointalk, so I thought that this would be useful as a source. Hope you enjoy and don’t forget to say “thanks”.
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So let’s start off with the question “What are Bitcoin and Etherium?”. Well, they are cryptocurrencies, based on the blockchain. So what makes Bitcoin and Etherium so different, if they are based on the same system?
Bitcoin
Bitcoin is often defined as the “digital gold” and that is for a reason. It had been one of the first cryptocurrencies to appear and this makes it such a popular coin nowadays. It can be defined as the dollar of the blockchain, as it is only a payment method. It can not be described as an innovative and mind-blowing technology, although it is very useful itself, it is just your money, held in a digital form. Bitcoin can be used for multiple purposes, one of them is inviting in ICOs (Initial Coin Offering). Once you support an ICO, they give you their tokens, which can be compared to stocks, which grow with the company, although are dependent on the price of Bitcoin and the market in general. Some other purposes are investing and basic payments, which are getting more and more popular nowadays.
Etherium
Etherium, on the other hand, is defined as the “digital petroleum”. It had been launched at the beginning of the crypto market development, and many people see it overtaking Bitcoin in future due to it’s flexibility. Of course, it is priced lower than Bitcoin as it had entered the market way later, but that does not deny it’s usefulness when it comes to innovations. Shortly speaking, where Bitcoin is just a currency, Etherium is a platform for other applications to host and grow at. It is so “open-minded” as a platform, that you could build anything on it, starting from 3D printing to traveling network management. And that is the quality that allowed Etherium to enter the big market: it occupies a different area rather than Bitcoin, therefore serves for different purposes.
Conclusion
For me, as an investor, Etherium poses a bigger personal interest than Bitcoin, but it is pretty clear that at least for the next year bitcoin will be the leading currency in the crypto market. That is also because most of the people nowadays are familiar with Bitcoin, but have heard nothing of Etherium. But if you are looking for a long term investment, Etherium might be your solution.
I don’t even have time to be checking difference between cryptocurrencies, all I know is that they are all the same thing. You can use Bitcoin for making transactions and same can also be done with Ethereum. You can invest money in Bitcoin and can also invest money in Ethereum. Ethereum can be used or everything that we use Bitcoin for, so there is no difference, unless you want to be reading all these meaningless things. |
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How much more fall is possible in price of bitcoins?
Anything is possible, it might even fall down to $5000 tomorrow. The price of Bitcoin is unpredictable, no one even expected the fall back to $6000 after the price has gotten to $9000 earlier last month. Took everyone by surprise when it dropped again down to $7k and from there to $6k. We don’t know what will happen next though it’s been stable lately, maybe before the end of this year we will reach a higher rate. |
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Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.
Whenever you feel like it has reached the highest it can go for that moment or maybe when it reaches the target you set. There is no particular rate or percentage at which you can withdraw your profit cause we can’t predict the price of cryptocurrency. So the best thing is to always set a target you need and when you hit that target you can withdraw some of your coins and leave the rest to see if there will be further increase in price. If there is not, then sell out. |
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Hy guys. Most of the time I use to trade with altcoins and I use to sell altcoins when they are above ICO price and giving some profit. I do not hold atlcoins for long time. What if you have some altcoins, what will be your strategy to use that coins? Is there any specific best time for every altcoin and when it is going well and we should sell ??
Apart from ETH, Ripple, BCH and likes for them…let me just say the first ten, any other altcoin usually fall when the price of Bitcoin is rising, because people would like to sell their altcoins and go for bitcoin as the price starts to go up. Time when the price of these altcoins go up so when Bitcoin is having organic growth. What I’m saying doesn’t happen all the time, so…don’t really go for it, just keep on watching the market. |
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Hello people!
Was looking at CMC and was wondering few years down the line what we will be able to see in this list and how long it will be?
Reality is we are very early in this industry and the pace at which projects are coming up and the technology is changing does anyone believe in HODLING cryptos anything other than Bitcoin and Ethereum?
I feel it's a buzz word used to create a FOMO effect
Nothing wrong with HODLING as long as you’re doing it the right way. But know that it’s not everyone that makes money from it. It’s all about investing at the right time and waiting for the price to get high do that you will sell. Some people usually target the wrong and when they invest their money they will end up losing it cause they invested at the time others were getting ready to sell. But if you’re smart you can cut the loss immediately than letting it go further. |
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Hi Guys
I've been in the crypto scene for many years now, first time post here over a dilemma I am facing.
So, I am fortunate enough to make 600k from buying and trading Bitcoin and other crypto assets, and I don't know what to do with the money. Personally I think this is the year I will become a millionaire, as I can only see the marketcap of all coins growing. But friends close to me think I am an idiot for not selling yet, and if it were to collapse to zero, I would never forgive myself. But they don't know the market like I do, and I do believe that it is only the beginning. They say I should sell 95% buy a house, a car and live a nice lifestyle. I am frugal, have always lived within my means and never spent any crypto money as of yet, but I am tempted to start spending some of it now. I am 26 years old, rent an apartment and drive a car worth less than most peoples pushbikes.
My portfolio currently looks like this....
43% Raiblocks
40% Oyster Pearl
5% Enigma
4%Dash
1.5% Bitcoin
and tiny holdings in Waves, Lisk, Stratis, Game.....
I think that both XRB and PRL can double easily this year.
This is not based on greed btw, I want to make enough money so I can buy my siblings houses and see them mortgage free.
What would you do if you were me? When do we call it a day and give up trading?
Many thanks for your help in advance.
You are the one to decide that and not we. Don’t make decision out of greediness, if you believe that 600k is enough profit for you and can help you start up something even more better than you’re doing in Bitcoin, then you an can call it a quit and go for something else after withdrawing your profit. And by the way, I need to tell you that if you choose to continue with bitcoin, don’t forget that loss is likely to occur at anytime in this business, so be ready for it. |
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As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
Not every nation, there are nations that are kicking against it, though some of them has allowed the use of it, but not without terms and conditions. Bitcoin can do better than most payment methods cause it is fast for making international transaction and the fees are very low. Another thing is that it can be an investment and can also be a source for income if you work hard in it. It don’t mind those that says it’s free money, it is not free money. |
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In this bear market it is better to buy coins while they are cheap rather than dumping all your coins and profit for few $ or just getting your ROI back. I would rather wait till the market recovers.
Situations are too excited and favorable as Bitcoin is available on low price but we should not get too much excitement so as to make better decisions. The low market benefits us the most to use less money for investment and to collect Bitcoins in larger quantity. If need to manage everything and to invest with normal amount not to put your whole wealth here because it is not a wise decision you have to take care of everything around your. |
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Yes ofcourse because bitcoin is a digital money that can buy anything . But if i have some bitcoins i prefer to donate a little for my part , cause i need to prepare for my future.
Before fiat is disappeared in the future , we need to upgrade all the non-civilized countries because blockchain can be use using Online or Internet connection. Lets see what happen, many things can change .
Right but the money earned using Bitcoin can also be used to support charity organization or found one of your own. When you achieve a certain level of financial freedom, you find some reasons to stay active and contribute to the society. Bitcoin has made it easy to transfer funds internationally and one can easily do not to charity organizations like the funding program for migrants in Germany or in Turkey. |
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The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?
what i think is i don't care how many price will go down. what i do is only hold and will sell my coins in a price that i want. since it is not back untill $800 i still not worry yet. because some of my coins bought at that price And besides, the market has started recovering so holding is one good strategy in this case. People who have invested when the price was $8000 have no other option but to hold. Besides, the market does not always remain static or red and it moves to the equilibrium at which the demand is equal to the supply. That is actually the time when prices rise high and you can maximize your share of money by holding now. |
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It is not a "following" if you ask me. Its mutual, altcoins do not go up after bitcoin goes up, altcoins go up together with bitcoin, at the same time. Back in the day when bitcoin went down altcoins went up, and when bitcoin went up than altcoins went down.
These days they act together, noone follows each other, they act together in an harmony. It used to be a bitcoin market with other altcoins, nowadays its "cryptomarket" not bitcoin market. Coins like ethereum showed that bitcoin is not alone and there are other coins as well.
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If you really think about it, all of the social media platforms make money from all of the people who use their platforms. Users dive in thinking they're on the next greatest thing, all while being suckered there so the platforms can earn billions off of them. Mark Zuckerberg, for example, made $41 billion last year from advertising. How would you feel about sharing in that?
Yes they are making money and that money they are making is a way to keep the platform up and running. Facebook is one of the biggest social network ever, and it takes a lot of money to run such a social network and also pay the staffs. So why exactly should he be sharing the revenue with you? It took a lot of hard work for him to reach the level he is now, so if you want to reach the same level too you should also work and stop waiting for when he will come and share money with you. |
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There is a large number of reports sources for Cryptocurrency news — whether that be ICO news, news concerning market movement, general news or regulation updates. Below I have listed some top cryptocurrency sources especially for traders and investors. These are the sites I usually use on a daily/weekly basis so as to remain updated on everything crypto. CryptoCompareCryptoCompare provides a live feed of nearly all cryptocurrencies. It feeds from all of the active exchanges to deliver the live average price between them. It works flawlessly for the top 20 currencies or so It also provides crucial information such as the algorithm and proof type that correspond to each coin.
CoinpediaHere you Get latest News on Cryptocurrency, Bitcoin News update, Blockchain News and other hot Cryptocurrency News. Including Detail exchanges guide, crypo information, Wallet page infomation, Crypto tracking tools, Top cryptocurrencies technical analysis, Trading tips much more. CryptoPanicCrypto Panic is a news aggregator focused on crypto news. It fetches headlines from across the globe and delivers them nearly live in an easy to view column. Using CP will help preserve your sanity as you struggle to stay up to date on the news. CryptoFlashCryptoflash is a news aggregator service for top 100+ cryptocurrencies tracking the latest news & rumors.They are dedicated to providing the most relevant information about what’s going on in the cryptocurrency ecosystem. CoinliveCoinLive offers professional coverage of the crypto market 24/7 via an experienced team of analysts and a state-of-the-art platform, allowing users to stay informed on all the latest developments. I hope this article is helpful to find instant crypto information!!! This is really nice and I like it😊 although there are still some good cryptocurrency news sites that are missing on the list. Okay, these ones you mentioned are alright but what about Coindesk? I’ve always relied on this site for getting news and it’s really reliable and there you can find Price, Market Cap, Charts and News that has to do with cryptocurrencies. Another one that I also used to go to is Cointelegraph… lol I’m even surprised that you don’t have it on your list. Next is Bitcoinist and CCN (Cryptocoinsnews). Well, the thing is– you shouldn’t rely only on one source for getting news on BTC and altcoins. |
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My first ever memory of gambling was with satoshidice. This is not just gambling on crypto or gambling online, this was my first time gambling EVER. Anyway at the time blockchain.info had this thing where you can gamble on satoshidice from their website. I had the money on blockchain.info and decided to send it over to satoshidice since it was really small. I didn't put the transaction fee into calculation and what I needed to send to satoshidice didn't registered because it lacked the transaction fee. They did returned the money to me like in 2-3 days time but until than I reaaaally made a scene on bitcointalk and said how they were scammers and how they are pieces of something, it was like less than a dime  . |
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Hello people!
Was looking at CMC and was wondering few years down the line what we will be able to see in this list and how long it will be?
Reality is we are very early in this industry and the pace at which projects are coming up and the technology is changing does anyone believe in HODLING cryptos anything other than Bitcoin and Ethereum?
I feel it's a buzz word used to create a FOMO effect
I have been Hodling since I got into bitcoin, that’s the first thing I started doing. When I got into bitcoin I never knew that the price goes up and down till one day I bought $200 worth of bitcoin to send to a friend the next day and when I woke up and checked I was seeing $216 worth of bitcoin, from then I started putting money and leaving it to grow. So I already started hodling even before I discovered this forum and get to know the word ‘HODL' |
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Depends on your economical situation. If you need the money, well first of all you shouldn't have gotten into crypto with money you needed, than you can cash it out and leave because there is nothing you can do. If however you do not need the money, than you would have to wait it out.
I mean what are the other options, if markets go down and you need the money than you will have to cash out because you need the money, otherwise don't be silly and wait until the prices go back up and you can profit again.
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Unique? I mean there are the common ones that you can just sit around in your pajamas and gamble. Thats a common one tho not unique. You can consider the prove of fairness unique? I mean in real life casinos you can't see if the game is crooked and if so how much.
In crypto casinos you can see how much the house edge is and you can see the seeds so you can check it if you want and that way see if truely the casino is not scamming you. You can't do that on land based casinos.
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Because bitcoin is not some "get rich quick scheme". Why would you want to trade short term when you can be in the biggest currency people of the world ever created without any government help at all. I don't get this sudden need of making money, this is not some mlm that middle age women sell each other. This is a technological break thru that people will be talking about for the years to come. It will always be around until probably all of us die.
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