My country is not free from the economic hardship experience all over the world. High level of poverty, inadequate infrastructure, numbers University graduate keept on increasing without job to commensurate the number. Inflation rate is on the high side, price commodities has skyrocketed in recent time. The situation here is pathetic.
Most of the countries aren't free economically. But good thing in my country the economy is becoming to be stronger as a lot of projects are being implemented and infrastructures are being built until the end of the term of our leaders here. And its' going to be one of the best thing if they are going to accept bitcoin. I can see it a greener pasture of our economy soon and our country will not be bad compared from previous years passed. The freedom we had now from bitcoin generally provide good income to the people of the country, by earning good amount of money from bitcoin currency. Therefore it wouldn't be hard for the people who participated from bitcoin economy to solve their spending needs because of bitcoin. It is going to provide good income and there's no doubt about it. We only have to look for some better ways of earning bitcoin. And while it is still quite early for the price of bitcoin and it is not extending to the limit that it is going to be higher than anyone's expectation. It's better to keep on collecting while there is enough time. Yes, it is enough time to collect more bitcoin because the implementation will be done soon after 1 August therefore it is better way to buy bitcoin a cheap price if we buy in these bitcoins later we will enjoy our bright future just because of this time. So, we should not afraid of 1 August there are good and experience developers who are working on bitcoin implementation. |
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I am generally opposed to blaming someone. Crypto currency provides freedom of choice for everyone. Even if the price falls I regard this as a good way to make money. Love can not be. If the person is not ready to invest in bitcoin now, he'll do it later but at a higher price.
Yup. That crypto currency is the freedom. Yes it is. You can shopping in different countries with more powerful currency. So it is better to having bitcoin and having free all around the world. When we having bitcoin it means that we are having freedom everywhere because crypto currencies available everywhere. |
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Is it possible to make 1 million satoshis per day with 1 bitcoin?
Yes possible but not on daily basis. You should not set any daily targets but if an opportunity available you may go for making use of it. This is how trading may work better rather than per day targets. If you set daily targets then it may pressurize you to go for baseless trading. A trading should be started with all cafeterias satisfied for it. Otherwise losses will be the results. More than 1 million satoshi from one bitcoin is easier for me but I am not making it daily even I am trading for years. |
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I don't think there's a specific time when one can become a trader. I think anytime is a good time to get started if the person is willing to put in the efforts. I myself became an active trader not too long ago. All I did was do a lot of research and it has been paying off ever since.
That's true, as long as you have decided to try your journey being a trading and you have the capital to start you can do it immediate. It's best here trading crypto currencies because you can start with a small amount without even worrying because if you will not sell it because you are in the losing position if you do, you can still keep it for long term investment. Even very small capital is the requirement for entering into crypto trading, our knowledge should be in maximum level so that we can sustain in trading by profit making. If we enter only with some capital and not with enough knowledge on strategies and indicators of trading methods then we might need more number of minimum capital to restart our trading many times in future. I mean to say if we focus on just getting some capital and entering into trading then we cannot crack profits here. In my opinion capital is not a big thing to get start with trading but our knowledge. |
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The market is falling is it the affect of the upcoming segwit? Or just a normal move in the market in which is the up and down of the price?? Is it ok to hold bitcoins in the exchanger? Can you help me???
I'm pretty sure it's because of segwit, when some people selling their bitcoins in a bulk, other people will following them. That's why the price of bitcoin going down so hard in the last 2 days. But it already okay for now, the price going back to $2200+ per coin. Just remember to move all your coins to better wallet, don't hold it on exchanger. It is always good practice not to hold big amount of bitcoins withe exchangers. We must move them where we are able to export privatekeys. But this time it is emphasized for some other reasons, still it is a good practice to withdraw the money after finishing off trades for a day. |
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Is there any Best period or day to buy/trade altcoins?..as of now altcoins goes down..
You cannot get an all perfect day to buy and trade any coin. But it is always good not to touch market when most of the coins are falling down. It is always good to stay away and watch when a market is falling down. But you can buy other than falling markets. Raising or stable markets are good time to buy and trade. |
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Hi fellas,
I was wondering what would is the most efficient way of moving capital between the exchanges. Is it quicker to move cash or cryptocurrency?
Regards,
VA
If you are dealing with your own country exchanges and their withdraw time is significantly quicker then you may go for moving funds in cash between exchanges. But in my country I can withdraw cash only to the account which must match with my account name. How you can move funds from exchange to exchange when most of the deposits are being accepted in the company names rather than account holder names. If you are asking something else, better enlight with more information on this. Cryptos are always better to move funds from anywhere to anywhere. But now a days exchanges are coming with tether trading which will allow you to settle funds across exchanges in convenient way and in more quicker time also. You are right. When I am trying to deposit for the Bitcoins from Xapo. They just give their company account name and we need to put some references so that they can credit into our accounts. And most of the fiat dealing exchanges are not allowing to withdraw to any account but only to same account names. |
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I don't really understand why people fear block/chain split since majority miners agree to use segwit even though with different scaling proposal (UASF aka BIP148, BIP141 or SegWit2x).
People don't need to fear about BU since many people already forget it and i doubt miners/community will support BU.
We do not need to get fear when all miners will be accepting only one type of fork. When some percentage of miners will not be accepting the forks then they might be following currently following system which will be resulting in 2 bitcoin system and sending payments to each other will not be possible. Only one can be considered as original system and the rest will be treated as derived/bitcoin based altcoins. |
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Because it's the oldest/original cryptocurrency and has wider usage?
However other crypto will one day become as popular.
No bitcoin is the only original system and that is the reason it has gained this much big popularity. There will be almost zero possibilities for other crypotocurrencies to imitate bitcoin like popularity. Because any one could launch a new coin system and in near future, all of them will get dumped and bitcoin is alone going to stay with us for ever. |
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you have to talk with people you trust and give them a general ideas. no ne can help you if they don't know what you are thinking about, that's why it's all about trust.
Finding trust worthy people and sharing with them about all of our plans are really high sensitive happening in the journey of building our dream ventures. A practical solution here might be starting a venture in small scale and then extending it up to the level our financial positions allow. In many ways this could be working well rather than completely selling our valuable business ideas. |
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There is nothing difficult to make payments with bitcoin, because bitcoin is designed as easy as possible to transaction. Which is difficult that, finding the goods that will actually be sent by the seller because buying the goods by paying bitcoin is very risky.
Practically there could be no difficulty in processing bitcoin payments nor in paying any fees for it too. But the practical difficulty must be falling with finding sellers who will be accepting bitcoin payments for the things we prefer to buy from them. I guess world wide most of the people will be facing this difficult situations. We do not have any other options except waiting some more time to have enough merchants to adopt bitcoins. |
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It's just common test to figure out but in major way not in accurate way.
When people have problem, they shall consult immediately before it's too late for example if they keep gambling / addicting, family was the first aid to recover gambler's mental
Yes, any kind of and any level of gambling problem too could be the cured if the family members start contributing into the gamblers' resolving process. But most of the gamblers do not share their problems with their family which is the main reason they are facing severe problems over time. Gambling affects physiologically most of the time, it needs love and affection to cure. I read many addicted gamblers have quit gambling completely with the help of their family members. |
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To be honest i always deposit 0.01 bitcoin from any gambling website i go and if i already doubled my bankroll then i withdrawn my profit i don't want to lose it is hard to risk big money and then seeing them losing in minutes also if you don't have full discipline on your self maybe your not into gambling places.
What you will do if you start facing losses even before you will be doubling your bankroll ? It seems targeting double the bankroll itself too greedy because there are gamblers who go for immediate withdrawing when seeing 10% of profits too. You mean to say if a gambler is self controlled and not greedy then he will not visit gambling places ? I guess gamblers will enter gambling with no greedy mind set up but they become greedy on seeing their money growing rapidly. |
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Money is not everything but it's an important part.
There could be enormous differences between everything of a system and part of a system. Money can be either one of these but it is purely up to the gambler. If you have money but you don't have skills and luck, you won't earn any money but if you have skills but not money, you can not earn profits neither.
But many people are into gambling even they are not ready to spend anything for it. Literally they do not have money, having limited skills and not sure about their luck factor but having a satisfying gambling activities. I guess they are enough witness to prove money is not everything in gambling. |
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There is no doubt that such altcoins as Etherum and Litecoin will follow Bitcoin's price, but today we have so many altcoins and so many shitcoins among it, so I don't think that each one of all this mass will be covered in green.
There were many occasions where litecoin went in opposite directions of bitcoin markets, I mean to say we cannot be sure what is going to happen when bitcoin will be skyrocketting. As per diversifying principle holding multiple altcoins may eliminate the risks of losing all at once. But the altcoins for holding should be chosen very carefully as there are numerous meaningless coins are being introduced everyday. But now a days if a coin is moving along with bitcoin prices if it gets enough bumping manipulators. There will be no need to consider its background just having enough investors makes a coin worthy. That may be a bad directions for traders and investors. |
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They're everywhere, not just crypto. The difference is that in traditional markets it can be against the law. There's no such thing with crypto. Perhaps there will some day as it's outrageously blatant.
There could be laws against market manipulations but when traders doing it in group they are not getting noticed and still getting their benefits of pumps and dumps. @OP Pumps and dumps are nothing but manipulating market prices as per one's wish. It is possible with a trading asset when it is not having enough volume. Almost all cryptos are currently vulnerable to get pumped and dumped as there are whales to do so. But when cryptos grow with more userbase who will be adopting, these whales will lose their power then crypto will become secured from manipulations. |
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You should stop trading know or you should hold your coin until it raise again. Because price will definatelly grow up but if you can't afford loss then you should stop and if you can afford then continue with it
Yes that is great idea if he can't afford loss he needed to stop trading with coin and hold it for bright future till to when he did know all the techniques of trading and later as he wish to start trading or hold it to more for long time. So and if he hold it he is not loss own coins because you are right its price will be very high in coming months or years . Yes, when trading is not profitable then switching over to the plans of holding must be a right decisions. We can earn/multiply from any other methods except trading. So, there will be no meaning to simply continuing trading when it is not profitable. Trading some times seems similar to gambling. So, passive type of trading will be profitable all the people. Yes, passive trading is nothing but buying and holding for longer haul. Anyone could do this. With respect to speculations on bitcoin's future, holding bitcoins will be definite profitable for all long term holders. |
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Any currency may replace dollars when it will be having massive user base. Yes, bitcoin is fluctuating but growing along with strong user base. After some decades we may expect stable prices for bitcoins, if stable prices are the only concern for replacing dollars definitely bitcoin will have that. I mean it has more chances to replace dollars.
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yes my wallet is 100% secure , if someone hack my account i lose my whole bitcoin . so i create a 2 step verification code in my mobile phone. I this everyone do it for his won security.
Seems you are using web wallet. For the case of stand alone wallets, the chances to get hacked is comparatively very low. My suggestion to you and everyone must be, switching over to stand alone wallets and disconnecting them from internet if your bitcoins are intended for saving long term. There are many guides available everywhere on how to safely enter into cold storage, you may refer them. I am using electrum with few bitcoins into cold storage. |
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People do forget here to realize the fact of time and efforts also kind of capital. We need to remember only begging and accepting donations are the viable methods to earn money other than these all other are becoming feasible only because of we are putting some efforts. Bitcoin is another format of money. So, we need to investment something to earn it. The investment can be any type. It can be fiat or efforts.
To earn we must work hard. This is what happening with faucets and campaigning. It does not mean we are earning bitcoins there without investments.
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