Bitcoin Forum
June 25, 2024, 08:39:39 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 [3] 4 5 »
41  Economy / Gambling discussion / Re: Benefits of gambling? Yes - it exists! on: September 15, 2018, 10:30:30 AM
In addition to making money, gambling can also train us to be able to control emotions well. We can also get new friends there who might be our relationship for business. But of course there is a bad impact from gambling, besides losing money we will also be trapped and addicted to continue gambling if we are not able to control emotions, even worse we will begin to owe to gamble. So we must be wiser to take the positive side of the gambling game.
If you gamble just for fun and not for making money then you will enjoy gambling and that is the only benefit of gambling that you visit a casino with your friends and family members. Benefit of having some enjoyment with your lovers and apart from this there is no other benefit of gambling. Gambling is a bad thing and the whole world admits that gambling is not good.
42  Economy / Speculation / Re: Many cryptocurrency players have gone bankrupt on: September 15, 2018, 08:29:17 AM
Almost no cryptocurrency company will go bankrupt, even if it is, then bankrupt because it is a fraudulent project, but I believe many players are bankrupt because of investment coins!
Greed is such a worst thing that destroyed many people. Bitcoin investment is full of risks and you can earn or lose money in seconds. A greedy person never makes money because when the price grows he waits for more growth and suddenly the price falls and he gain nothing. They lose their investment and gone bankrupt due to their greed and impatience.
43  Economy / Economics / Re: Starting With Nothing in Bitcoin on: September 14, 2018, 11:06:52 AM
Starting with nothing in bitcoin for me doesn't matter, it is just as long as you are interested in crypto world and you have the courage to  do something from nothing. Here what we need to do is to have a long patient and we need to work harder for us to reach the summit of success. Even there are lots of failure that we encounter here,  being positive always will help us to become successful.. Just keep on doing the best on achieving the goals.
Starting in bitcoin for nothing is just from different campaigns, because trading and investment needs money and signature and bounty campaigns do not require any money for starting, but it is time consuming and you will to give a long time to make money from signature or bounty campaigns. If you are determined then you can make money in this forum.
44  Economy / Economics / Re: Simply predict the future of bitcoin on: September 12, 2018, 11:22:45 AM
I believe you cannot chase after time cycles and human behavior when your dealing with manipulated markets.  I think we will continue to go down until no more weak hands are shaken.  Then the manipulators will rise the market again and dump on the next unsuspecting investor group. 
In my opinion the future of bitcoin is bright but cannot say now much time it will take. Many people do not trust in bitcoin and cryptocurrency and they do not want to invest in it. This is the main thing due to which I can say that it will take long time to take over the market. As of today investment in bitcoin is just a waste of time and that’s why many people are now putting their money in other Altcoin.
45  Economy / Marketplace / Re: Main reason behind crypto currencies red market in 2018 on: September 10, 2018, 10:12:12 AM
I think the worst reason is the SEC and also there some reasons. But I hope all the reasons will be optional in a few months and the total market cap will go their own way.

Some of the negative news which came some 4-5 months back from the big countries lead to the drastic fall and then we also have those panic sellers who destroyed the market more badly and still we are suffering due to which the price has not moved above 10k anytime in this year.

Negative news only fueled the inevitable drop in price anyway, it is not like it would not have happened even right from the onset. I remember sometimes last year towards the end, when some of us were warning people about an imminent fall in price while some newbies were busy joining FOMO, a lot of people discarded that.

Pumps that is not driven by real demand is usually manipulated and people who are fond of being a part of FOMO are normally the targets of whales and what we are seeing now is the final result.
46  Economy / Speculation / Re: Big pop up again on: September 10, 2018, 07:39:01 AM
This is what Wall Street call "price discovery". Its the point where they cant suppress the price any longer.

But the issue remains: will it go up from there? Will this bottom go up? Or will the price keeps swinging over it?


We’ve been here so many times this year, and seeing the previous price movement, always a bounce back after hitting this level. Maybe the theory of the OP is right since the support level are strong between the price range of $5k-$6k where buyers and sellers agreed the bottom price. No one can answer your question but as an optimist hodler, Maybe we see a new bottom but I know it will to rise again.

IMO institutional investors have buys just under the $6000 mark. Which is why it's holding above that level. What is missing is retail investors - they've been scared away by the price drop from $20,000 plus all the drama with fees at the end of last year.
We need some big investors in current time, which can give some boost to bitcoin price. Once the bitcoin price will start increasing then the retailer will also get some confident and will hopefully start buying bitcoin, which is in fact too much important for the bitcoin price.
Big investors know when they should start accumulating and this may actually be the accumulation period as the case may be. Like Cellard said, it is possible we already have the bigger players who are trying as much as possible to not see the value go down below what would not pay them as miners as we move on.

For what it is worth, I guess we can pretty much assume that this point forward, we may actually start consolidating and swinging between this price range until the market is ready to pick up eventually.
47  Economy / Speculation / Re: Warren Buffett on buying bitcoin: 'That is not investing' on: September 08, 2018, 12:45:54 PM
Warren Buffet was never right on technology price growth whether it is tech stocks and or bitcoin we no need to consider in warren buffet statements
Funny enough, what he has refused to point out is the facts that even other investments that he has mentioned, at the end, you are definitely going to be expecting that someone else will be able to value it more than you have and be ready to pay more for it.

Unfortunately for him, he may not understand the real value that bitcoin creates as currency and for that reason, if he cannot see in the long run that people can easily value the usage of it than currency, then he might just be living in his own fool’s paradise.
48  Economy / Speculation / Re: Does positive news have any impact in bitcoin price on: September 05, 2018, 12:42:23 PM
I definetly believe that positive news have great impact on the price of bitcoin and even some bad news have great impact on the price as well. Think about it bitcoin is not something backed off by a goverment or gold or anything. Bitcoin worths what we people think it worths, we are the ones that decide what the bitcoin price should be.

It is all in demand and supply, the more people wants to buy and the less people wants to sell the higher the price will go. Hence this means if there are good news that changes the ideas in peoples minds, media is known for their manipulation so if they put on great news just like december that means the higher the price will go and the worse news they air the worse btc will go.
49  Economy / Speculation / Re: Is 2018 the most crucial year for bitcoin? on: September 03, 2018, 09:25:34 AM
people's opinions are different, and I think this is important because it will show that bitcoin will return to history with a high rise or history of a fall in freefall after rising at the end of 2017. or maybe it will stabilize with the $ 5k- $ 8k figure. I hope this year will be able to return to $ 10k
Although we do not know anything about the bitcoin rice price that what is going to happen to bitcoin price but after a long dumping trend now we are expecting that bitcoin price will gain some value and hopefully its price is very much expected to reach to 20k again.
50  Economy / Economics / Re: Tax on the crypto currency! What do you think? on: September 03, 2018, 08:25:00 AM
They will only have more money to spend with. Let's just admit it that only few of the government in the world are transparent. Some are very opaque to the point that they have a lot of money but the people are still blinded with their statue. If they put tax just to legalize the crypto, well, I can say that the crypto world would weaken because of them.
I think that a government runs on the taxes that we pay to them. But it is also right to say that once they will impose tax on bitcoin I think that then they will manipulate the system and will increase the tax amount from time to time which will not be in favor of the investors and bitcoin holders.
51  Economy / Economics / Re: Why all people moan about the price of bitcoin? on: September 03, 2018, 07:34:55 AM
Because some people just want to get rich easy and quick. And because this doesn't always work, it angers people who didn't get rich by this way. And so whenever the price of bitcoin goes down they cry about it. The other reason is that they invested at it's highest price point and now suffers.
Actually bitcoin has already made people too much in past, and still they were expecting that even if they will do investment in bitcoin in current time they will become rich, I think that it was too much expected that bitcoin price is going to reach to 50k and that is the reason that people were too much confident about investment in bitcoin.
52  Alternate cryptocurrencies / Altcoin Discussion / Re: Why people want ETH to over come BTC on: August 30, 2018, 09:46:44 AM
I think the simple, ethereum technology widely used and developed by the company. different, limited in number, bitcoin ethereum will continue to be mined by miners.
No doubt that etherium is widely use as platform for different projects, but still I do not think that it can overcome bitcoin so easily. I think that bitcoin will remain as number one crypto currency for a long long time. I cannot see any other crypto currency which can overcome bitcoin so easily.
53  Other / Archival / Re: Do you believe Crypto Currency is changing the world? on: August 30, 2018, 08:30:40 AM
I think it could happen but it all takes time to change ...
because better things will get better changes too ...
by seeing the increasing popularity of crypto currency all will change it for the better.
It will surely bring some changes but not as such as we are expecting. No doubt that it is a long lasting process and will surely take a lot of time. In fact still majority of people do not know about crypto currencies and even those people know have some knowledge about it they feel reluctant to invest their money in crypot currencies or to use it for different purposes.
54  Alternate cryptocurrencies / Altcoin Discussion / Re: Stop SCAM in the ICO market on: August 30, 2018, 07:47:55 AM
If I am not mistaken, isn't that what KICK is already offering with their community? It is not a bad idea though, but you must have been able to put a product together and at least permit a demo for real life case before investing. Most scam projects are fond of giving promises first, and of this is the same, then I would not bat a lid.

The easiest and most relaxing way when it comes to identifying scam ICOs is to do your own thorough research, but at least for the sake of some new investors who are quite lazy to do that, having something like that, if effective, will be of assistance for the space.
The last paragraph? That is simply it! Trust me; no investor will just want to follow a platform Tom, Dick and Harry, without having to do some diligence on their own.

Don’t get me wrong, it is not a bad one at all, at least since it is something that would be highly needed in the space when considering the number of active scam ICOs, and having a tool to at least, give investors some little clue on what to be doing research on at all.
55  Economy / Gambling discussion / Re: List of popular Betting Strategies on: August 01, 2018, 08:28:26 AM
I am a big time gambler. When choosing a game I look for games that can be played strategically for the odds to win even more are in your favor. When I play Blackjack I use a strategy that my father taught me.  X's1 x's1 x's2 x's2 x's4 x's6 x's10 play until you loose then you go back to times one.

I do not know the name of this strat. But someone said its close to another strat out there
It is important that you must have a mindset before selecting  gambling game. To me I mostly play gambling on sports games, where I have a lot of experience, and I really feel more confident while playing gambling on sports games. Although I also play dice games but still my first priority is to play gambling on sports games like cricket football etc.
56  Economy / Trading Discussion / Re: Day trade Vs HODL on: August 01, 2018, 07:59:28 AM
In current (great falling) situation the best strategy is HODLing. Because only long-term investments can guarantee profit to investors. Especially now, when the market start to recovery, we should be patient. But for this kind of trading you should be able to afford invest your money and didn't touch them for a long time.
To me I think that both day trading and holding bitcoin are good, it depend on your interest and study, if you are interested in day trading and having some good experience then you can make money from there, but those people who do not have any experience in day trading then holding bitcoin is good for them and can even make good money from holding bitcoin for some time.
57  Economy / Speculation / Re: Selling bitcoin is a stupid decision ? on: July 30, 2018, 11:26:47 AM
Selling bitcoin in a proper price is not a stupid decision. The stupid decision that you can do with bitcoin is that you can sell your bitcoin with a low price or during the dump of bitcoin. So u would rather advice you to learn some more strategies about trading so that you will become more effective.

Yes you are right it is not stupid to sell bitcoins in its proper price but the problem is, most of the traders in the market today are selling their coins due to panicking which makes them lose a huge amount of their investments and capital.
Although it is not the right time to sell bitcoin, but still I will not consider it as a stupid decision. Every person has their own choice and needs. But to me I think that it is expected that bitcoin price will start to increase very soon and we will see a very good increase in bitcoin price therefore I think we should hold our bitcoin instead of converting it into other fiat currency or to sell it for fiat.
58  Economy / Speculation / Re: Why Bitcoin May Soon Be Worth Nothing on: July 30, 2018, 10:49:15 AM
Well a lot of people call Bitcoin fraud and worth nothing, but when the price soaring high they will back and invest in Bitcoin, it's true that Bitcoin is not being backed up by anything, but the one that makes Bitcoin valuable because of the people's support, most people interested in Bitcoin because it got unique feature and it can be used as currency and asset
Every person has their own opinion. MY own opinion is that bitcoin is the best ever currency of the world. I think that very soon bitcoin is going to become a legal currency throughout the world. Bitcoin is going to become popular even in backward countries, even there we can see people taking interest in bitcoin. I think that their interest in bitcoin will continue and very soon bitcoin will become the world most popular currency of the world.
59  Economy / Speculation / Re: How long will this bull run be? on: July 30, 2018, 10:20:04 AM
I'm saying right now we're at like where the market was mid-2015. The bottom has been hit several times for a good amount of time and the bears just can't bring it any lower, and now sentiment is shifting and people are starting to get excited again. It certainly could head back down for one more turn at the 6000s in the early Fall but we might also find ourselves at $10k by early Fall.

We could be in mid 2015 or at not even beginning. If it will go to $6k again will go lower and that will be bottom. If that will happen it will happen really soon.

not nessasarily!
people were saying the exact say thing about the previous 2 drops too. basically they were saying that if we go back to $6k again then it will drop more and go to something like $3k and each time price went to $6k and started a strong rebound.
and this time this trend looks more like a strong reversal than just a small recovery.

Not really, this bounce was mostly fud driven, etf's and all that. February 6th bounce looked much stronger with 3x volume and we only bounced up to 12k before going down again and eventually reaching lower lows. I agree that short term  the bounce looks fairly strong but I'm not sure we are even going to reach 10k this time.

I agree. And I think this bounce will soon end and then we will go to finish this Bitcoins cycle bear trend and find the bottom of it.  After that 2015 sideways will come that I will enjoy way more this time as I did in 2015, because I will be sure this time that after that finish the Bull trend will start.
Yes that is right, its look like so. I am also sure about bitcoin price that we will see another bull run and it will continue for a long time. Because the investors got some confident and that is the reason that the volume is now increasing. I think that bitcoin price continue to increase its price for a long time, may be tell the price cross 20000$ again.
60  Bitcoin / Bitcoin Discussion / Re: Why did the government want to kill Bitcoin? on: July 30, 2018, 06:13:16 AM
as we know, many governments in the world are banning bitcoins and here I have my own why the government want to kill Bitcoin, because I think Bitcoin can be used for terrorist financing, money laundering, illegal weapons purchases, crime and tax evasion. therefore the government forbids Bitcoin, because Bitcoin transactions are difficult to trace so it is only natural for me if the government is very worried about Bitcoin and many country banning (block) Bitcoin.
but this is just my opinion, so if I am wrong I apologize.

Thank You.
Aside from those illegal acts by lawless elements, the governments also want their own currency to only dominate the market so that they can fully control everything from us most especially all our centralized assets. Good thing about centralized assets is that they are pretty stable though lacks in privacy and security unlike Bitcoin wherein we can evade tax on every online transaction me made.
Its facts that we can't trace the transaction address the just for the sake of there country's development every government is not trying to stop bitcoin they want to kill it just for the safety of humans.
Pages: « 1 2 [3] 4 5 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!