i have read up about the bitcoins split... how many splits has it gone up to...?
I think you are a bit (pun unintended) confused. Yes, there was a minor chain split or fork at the beginning of August which created a separate chain called "Bitcoin Cash" which lots of miners switched over to from Bitcoin. As of today, the price of Bitcoin Cash is quite stable, but no one knows where it will be even next month. It is currently about 7.5% the price of 1 Bitcoin. |
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I like Gemini personally, because the owners are in the public spotlight and not anonymous and cannot run away with everyone's coins if they feel like it. They are also founders or involved in the founding of Facebook and high up in Silicon Valley/tech industry and this gives us confidence that Gemini will be around for a long time or maybe forever. Long live Gemini!
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 https://i.imgur.com/CriCcqN.jpgCurrent Portfolio Weightings: LTC 37.97% BTS 15.39% STEEM 13.41% MCO 10.26% SYS 7.20% NLG 6.12% PIVX 5.71% BTC 2.05% XMG 1.85% GRS 0.05% Fairly steady, diversified portfolio - if I’d only just given a little weighting to the BTC trade. Can’t backtrack, but sure can learn. I made a cycle related misjudgement, as can be clearly seen in the chart below (that’s a few days old, but still serves its purpose).  https://i.imgur.com/8h9qxcu.jpgNonetheless, “cycles” are far from written in stone, and the direct and inverse relationships with BTC also come and go. In any event, with my main holdings looking like the charts below, showing intuitively understood bullish TA: price is obviously moving from lower left to upper right, I'm happy with where it is and current positioning. It’s just a matter of time for breakouts, and, well . . . for another doubling or tripling?  https://i.imgur.com/kjGnniF.jpgWhat things are doing in USD terms is obviously what’s more important IMHO. Will be OOTO for a couple of weeks. Will update again once I'm back. (Might pop in on Twitter though. Follow me if you haven't already. @HR_DGB) Cheers! Oh, and thanks everyone for all your comments, recommendations and knowledge sharing! Edit: Forgot to tell you that I sold roughly .2 BTC worth of MCO yesterday night (hence the increase in BTC). That's all folks!  Bro/Sis, this is one of the longest comments I have ever read on this forum aside from obviously signature campaign/announcement/bounty threads which can sometimes be longer, for obvious reasons. Just want to say thank you for writing long posts to keep this community alive, because without them this forum would just be filled with spammers posting one-liners and not contributing anything to the conversation.  |
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I do not have an account on Poloniex, so to answer your question in the past 24 hours in Poloniex, I did nothing. |
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Due to some urgent needs, I need to take profit from ~10 BTCs for USD. Not right away but probably in a week or two. Am not a big timer, so 10 BTC is quite alot for me. Can anyone suggest which major exchange offers the best rates? It's easy to look at coinmarketcap but I gather there might be hidden charges - withdrawal fees, spread etc, bank charges even. I am already on Kraken if it's worth knowing but am good to go at any trusted exchanges. For those of you active traders, advice highly appreciated Use LocalBitcoins, friend! That is the place you can sell very quickly your 10 Bitcoins without needing Identification or SMS verification - 100% anonymous. They will deposit directly to your bank. That is my recommendation to you. |
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I save it for future purposes. See, why wouldn't everyone buy Bitcoin to invest in what is the greatest investment ever? There are so many millionaires from Bitcoin and this number is growing daily, why don't we all want to be the next one? |
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You are trying to tell me there are ATMs that dispense Bitcoin Cash?
I have a hard time believing that considering how new it is and the fact we don't know how long it will stay.
Look, there are a small group of people who want it and that is the only reason it is still alive.
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The word Bitcoin refers to the name of the cryptocurrency, of course, but also 1 Bit is equal to 100 Satoshis (the lowest denomination of a Bitcoin) and the point is someday 1 Bit will equal 1 dollar and Satoshis will be like pennies.
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No question about this. Bitcoin is poised to become worth $1,000,000 a piece, what about other currencies? They will not even double in value. What is the point of owning them when you can own Bitcoin instead and double your money?
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Indeed, the one who invests in Bitcoin today will look back in 20 years and know it was the best asset they ever bought. |
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Fiat is better than crypto for some things.
Say someone wants to sell their car. How do they structure transactions to avoid fraud? Loans can be difficult with crypto. There are areas where crypto is not well suited.
The time it takes transactions to confirm can complicate buying/selling. Crypto also requires access to electronics and the internet. Fiat has the advantage of not needing anything more than a piece of paper which gives it an advantage over crypto in some areas.
You are right in that there are some things fiat is just simply better for. However, I think you are forgetting about paper wallets which is the exact same thing as fiat. |
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Imagine all the people who are making some side income from Bitcoin on this forum and also ICOs and exchanges and professional traders, the list goes on. There are so many people who are working for Bitcoins that you are definitely right if Bitcoin was not here there would be lots more unemployment, for sure.
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many of my friends did not work but a lot of money away was great when compared, to me that is still working in the factory, I was confused from where producer obtained from bitcoin?
Yes. Whether you believe it or not, it is really true that bitcoin is providing income online but we must not treat bitcoin as a primary source instead we must still continue our works and make bitcoin a sevondary source of income to make your money grow more thsn the usual enabling you to sustain your all around needs. We make bitcoin side work when we are just leisure or when we are off but if like that result is less than maximal, bitcoin should make the main one but we have to have daily income so that there is income because bitcoin old liquid sometimes more than schedule which have been determined I agree. Most of us needs to have a sideline for income and that is what bitcoin is doing. It is proven that we can earn money from bitcoin. Whether you're a sideline bitcioner or fulltime you can really earn money here online. Bitcoin is a great way for a housewife to make money on the side while the husband is at work or also maybe she would even make more than him in the long run if the price goes up to $1,000,000.  Personally, I think Bitcoin is a great way to make side income and actually there are freelancing sites though which means you could make a permanent full-time income from them. |
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BTC has no nation, no country, no government, no state, no rule, no borders. Why are you guys attempting to make it a national currency so that it could be under a centralized power's control. This doesn't make any sense.
You are right in there. It seems that some people still do not grasp the idea of decentralization and still stuck in their centralized form of currency. It is hard to change when you have been that way for your whole life. But couldn't a country which has no intention of controlling Bitcoin still declare it as their national currency? What is stopping them from doing that? I could see it happening, and it would be a major milestone in Human history! Small countries could test it out and also countries which go bankrupt could try it to save their citizens from the inevitable plights of fiat. |
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Well if everyone in the community is poor and invests in Bitcoin, even just $100, when the price goes up to $1,000,000 that $100 will be worth $25,000!!! So I think that is what they should do... what I recommend anyway!
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Not many countries have tax on Bitcoin. In fact if they do then it's connected with trading od other business not just holding coins ih your possesion. You can make inquires at your local tax authorities and search for some laws on that subject.
That is not true. If you own Bitcoin it is considered an asset and if your asset increases in value then you must pay income tax on that. |
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Lauda as much as I disagree with your banning of me from the Bitmixer campaign (R.I.P), you have a point about this being shady.
RIP. Wow nice try at misrepresenting what they said. Here is the truth: Lauda as much as I disagree with your banning of me from the Bitmixer campaign (R.I.P), you have a point about this being shady.
However, [Lauda, ]keep something in mind. While I am not suggesting you are wrong, don't forget even a company like BTC-e which is the most shady of all is working hard to pay back everyone who had funds on their exchange despite the fact we do not know their identities. They could take our BTC and run, but they are legit. From this perspective, DeepONION could also be legit, and their owners simply hiding their identities. IT doesn't prove they aren't legit. Hope this makes sense..." |
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This looks like a signature campaign rather than an airdrop. As for me, I have just linked my BTC address and received lumens and byteball via airdrops. But for this one, I need to wear a signature and add posts before each drop? Then it shouldn't be called airdrop.
You are right this isn't an airdrop it is actually a signature campaign for sure. However, it is actually very easy you only need to do 10 posts in a week and you will get your full share if DeepOnion coins. If you ask me, that is pretty good considering other campaigns require 25-80 posts per week and they do not pay as much and the value of the coin is also going up so in my opinion it really is a great deal. |
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Reserved for when this thread blows up and also thanks for moving it to the correct section... will be looking into the bounty campaign when I get time. |
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don't know the actual percentages, so i'll use a potato as a.m.i. (approximate measure of investment)
waves - 10 potatos
stratis - 10 potatos
ark (waiting for a dip so i can invest 6 potatos)
verge 5 potatos
litecoin - 5 potatos
lisk 4 potatos
sonm - 3 potatos
wagerr 3 potatos
viacoin 2 potatos
zencash (thinking about investing some potatos)
don't you think this is the most beautiful thing you've ever seen?
edit: don't know if this should've been posted on the speculation subforum or in here
lol... I must say nice job on using potatoes... really helps us understand. hahaha I think you should buy more Bitcoin though. Why don't you invest in BTC?  |
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