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That is some harsh statement you got there but I have to admit all of it is true, with the rising number of interest for Bitcoin and other cryptocurrency it will at the same time raise the number of people interested in stealing your virtual currency. It is like a perfect recipe for criminals as Bitcoin is now being advertised like an investment vehicle or an easy way to earn money making the newbies be easily fooled by the easy way out which practically don't really exist.
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Do your own analysis and research to the ICO being launch sometimes you know if the developers and founders are really dedicated to their Altcoin you will see that the scams will always promote and say the same thing about their Token all over again, while other people promote and really update you about the latest development of their project giving you something new frequently. This is just a few piece advice for you as it might not work, now do your own observations and try it out.
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On an economical point of view Bitcoin Cash is a bubble and so as Bitcoin, a bubble is defined to being an overpriced asset in which it is far away from its real value. The problem with Bitcoin or BCH in this matter is that we don't really know what is the real fair market value for it as we are the only once who are determining the price of Bitcoin. The price of them is so played out that their is no stable price for them. That is why not all people are buying Bitcoin because it is hard to set a foot on.
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Transferring or converting your Bitcoin to Fiat currency via bank deposit won't make you be suspected of money laundering or something they won't even know in the first place that the one you are depositing came from Bitcoin as the third party involve is the one who will deposit fiat currency into your bank account. Also I don't think in our present day that we associate Bitcoin in criminal activities because as of right now it is commonly associated to being an "investment" for people.
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Actually it is happening right now even if their is no groups of billionaires involves, and a highly doubt their is one as billionaires don't go to well together. Even individuals who have a respective sum with the same mindset about buying or selling can create a price action because it creates a ripple effect on the market, it reflects to other people that they need to buy or sell in order to catch up to the first movers. Massive manipulations are happening even without billionaires playing it.
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The reason for that level of sucess is because it does better what it proposes to do, which is to be a good store of value and censorship resistant. Most other currencies try to do the same, but there is no way for them to achieve this being so centralized.
Nope it does not, Some Altcoins right now have defeated or has surpassed on what technology Bitcoin is already offering the only problem is even if they are a better cryptocurrency than Bitcoin majority of the people participating in the market are holders of Bitcoin because it is the pioneer in the crypto market giving it an edge in terms of popularity. |
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Throughout the drops I have participated in Bitcoin trading I have also notice that every time there will be a correction it will go up and try to achieve an all time high. My observance from why is that happening is because every time its price drops many people will try to take advantage of the cheap price and buy as many as they can also new people who just entered the market will also participate in a later entry making the price of Bitcoin go up to a new level, additionally everyday new and new people are trying to enter the Bitcoin market and try to get a piece of their own.
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What are you referring too? When did bitcoin drop 30% recently?
on Monday morning the bitcoine rate fell to $ 5,605, which is 29% lower than the historic maximum at $ 7882 recorded on November 8. By November 10, the fall was already $ 1000 from this mark, and over the weekend it increased. If you do talk on fixed percentage then I would agree on 29% but telling on nearest round off then it would be considered as on 30% since they are just near. The reason? I do highly suspect the cancelled fork even ( B2x) which people decide to took all of their bitcoin that have been invested hoping for another free b2x if the fork have been done but unfortunately it has been canceled because of lack of support. That might be the reason and it has served as the main driver for pulling the price down, these traders know what will happen and has now shifted their money towards other cyrptocurrencies for profit taking, the other thing I see is that they are the ones who will buy Bitcoin when it's price has bottomed out. Having a quick recover on its price you will know that its trend is still intact as it didn't continue to go down. |
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I do not think that it will go well for the investors, usually this kinds of methods were you let a fund manager handle your money it will most likely limit your approach when it comes to holding your position for Bitcoin the fund manager will most likely exit when it reach a certain growth which will hinder you from earning more, the sad part about this is the loss is not always controlled as good as the gain. You be better of trading on your own for you to earn the most the downside to it is you will most likely risk your money more.
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Not all people want or has any usage to Bitcoin being an anonymous currency and all of you wonder why almost all people still prefer Bitcoin in their daily lives. When you look at it in a practical and more sensible way using Fiat currency or even things linked to it like credit and debit cards are the way to go as it is more accepted and also will not make you incur any additional fees as there is no such thing as transaction fees every time you will send payment.
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saying that “ordinary people” are ill-equipped to deal with such “very dangerous investments that could lead to loss of money.” The article have a very interesting line to be read and while we are wondering what are those websites are about it gives us a hint that the thirteen websites related to cryptocurrencies that are blocked in Russia right now might be related to HYIPs and other forms of investments. If my understanding is true then the Russian Government has done well in protecting its citizens against a potential scam. |
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Hey guys is there a marketplace para sa ating mga filipino dito. Sa main Marketplace kasi most nakikita ko U.S.A lang mga sellers eh.
Wala pang ganyan pero in process na yan at pinagbobotohan kung anong magandang ilagay na child board dito sa local board natin, Pwede kang bumoto dito https://bitcointalk.org/index.php?topic=1348035.0. Yung dalawang may pinaka mataas na boto ang magiging child board dito. Ito yung iba mo pang pwedeng pagpilian Marketplace, beginners and help, trading, off topic, others then post mo kung ano yung suggestion mo. Pero wala pang update kung kelan siya ma iimplement kasi ang alam ko kailangan pa ito ng approval ni theymos pero bago daw ito ma approve sabi ni sir rickbig41 kailangan maayos muna dito sa local board natin at matanggal yung mga walang kwentang thread. Maganda din na meron tayong marketplace para madaling makipag transact sa mga kababayan natin o kaya mag benta ng goods in exchange for Bitcoins. Added another vote for it. Looking at when the poll & thread was created it looks like it is far from being added as the last update of our moderator, Dabs, was in July 10, 2017. But I really think having our own marketplace will help our small Filipino community grow. Even the Begineer's help can make our Filipino members feel welcome in the Bitcoin community. |
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Hey guys is there a marketplace para sa ating mga filipino dito. Sa main Marketplace kasi most nakikita ko U.S.A lang mga sellers eh.
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They are two affected groups out their when you relate Bitcoin with its "volatility" and "transaction fees" and that are traders and also people who use Bitcoin as a mode of payment. Technically if Bitcoin is volatile then it is more of an advantage for the trader because he has a chance to profit many times in a day however it is a bad thing for Bitcoin users who use Bitcoin as their cash. Transaction fees can also affect the latter as they will hinder additional cost for buying something that will worth lesser when bought by other forms of payment.
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Usually these kinds of price moves which one day Bitcoin fall big time is due to a massive profit taking and obviously they took advantage of the Segwit2X being cancelled as their main driver for selling. Why did I say so? Because when you look at the price you will know what I am talking about. Bitcoin quickly got back up from where it fall that shows that people who sold down Bitcoin are already re-purchasing is back at a discounted rate, this is an obvious play by them.
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Will be putting the signature, Avatar and Personal Message once accepted. Hope to work with you again aTriz Bitcoin Talk Name: Theb Bitcoin Talk Profile: https://bitcointalk.org/index.php?action=profile;u=898928Rank: Sr. Member Avatar Bonus: Yes Personal Message Bonus: Yes Post Count (including this post): 1172 BTC Address: 16vZj4UcMzpgNomEHSVdUJArrwA9GKp4Dy |
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In my personal understanding the committee only wanted the lawyers to have an additional payment method for their service as they are requiring lawyers who have received Bitcoin as payment to be converted inmediately to U.S. Dollars in order to mitigate the volatility and also the overpayment of service due to the price of Bitcoin increasing. This is a good requirement as lawyers must not be overpaid in any work because it is one of their ethical requirements as a lawyer.
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Here is the wrong mindset of people who are planning to buy Bitcoin for profit, because when the prices are in an all time high all they see is that it is too late to be on action but when the prices goes down they will see that it is all over now to profit with Bitcoin. The problem here is that the uncertainties is created by people who lack knowledge about trading as they really don't have any plan in action. First time hearing a CEO of an investment company who had "invest" in Bitcoin even though its future is not clear yet, giving a price of 400,000$ is really too much as the prediction don't have any basis to support it.
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Applying for one of the Sr. Member positions in your campaign.
Posting Bitcoin Username: Theb
Posting Rank: Sr. Member
Posting Starting Post Count : 1168
Posting Bitcoin Address : 16vZj4UcMzpgNomEHSVdUJArrwA9GKp4Dy
Wearing appropriate signature: Yes
Wearing one of the official avatars : Yes
Adding the specified personal text : Yes
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I'm not familiar with how the USA companies work but I am pretty sure they are required to put up a disclosure firsthand on one of SEC's official website. On CME's bold move for BTC platforms, this is a major step for having a standardized derivative contract for Bitcoin, as the trading for it will be upgraded. If this will push through big industry might now participate in Cryptocurrency trading hopefully it will become more profitable for us.
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