I have always heard of people who win games with voodoo(charms/certain spiritual power).I know Voodoo is everywhere. They are said to use it to get accuracy in their predictions, permutation, casinos, throwing of dice etc while this will help to reduce to the bearest minimum their risks of loosing. So, Do you also think this is true?
I haven't heard about it, if that's possible anything is possible. There are gamblers who are superstitious believers, even those people have lost in gambling. I never believe in this. While placing a bet I used to pray to God. Help me choose the right odd that gets me an earning. This is all because of trust and it doesn't mean I win in every game. This is mentioned in other terms as superstitious belief, voodoo and in various other names.
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Just think of the transformation from normal keypad mobiles to the present smartphones. First people find it difficult to use, other than the people who are much associated with technology. When days passed things changed. As a measure even the one without basic learning uses a smartphone without flaw.
With cryptocurrencies too the same happens, people weren't aware of its existence. Further when they came to know about it they find it difficult to use. Later they'll get used to it, and finds it user friendly.
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When more such price predictions were taking place around the globe, state backed German Bank have come with the prediction of bitcoin reaching big of $90000 compared with the growth of Gold. This prediction is made upon the stock to flow ratio, which is calculated to be similar to the gold close to the days of May 2020. This means the days around halving, which gives the confirmation that growth will happen for sure.
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We have the halvening event and thats usually some hype, I dont count as a big deal myself but I would guess on that for a focus to promote the price up until it occurs. Thats my memory of it last time, it helped encourage the price before occurring and eventually after falling back it started the next big run up can we see a bubble in short term this time Short term I see it recovering the pricing around the 13k peak and revising that area until market is more sure of a direction so that will take time imo, the rest of this year easily. There is also predictions stating that the price could go even lower to $7000. If that happens we can expect the FOMO on the down market. Further by 2020 there will be growth expectation among every user based on halving. This will give growth and, there I believe the FOMO will be around the $18000 margin which I predict based on the previous ath.
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The transaction speed of xrp is much higher than bitcoin for various reasons. We have bitcoin to be working on the mining process while xrp is pre-mined. Out of 100 billion only 38 billion are in the market. Bitcoin is spread all around, 60% of xrp is being owned by Ripple.
On the whole Bitcoin is made and more as a money while ripple is made as a payment service for banks, payments network, commodities and much used for assets transfer through the network with a much reduced cost.
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Bitcoin at present isn't that bullish, it has just dropped its value. I see it a beginning for a bigger push forward. Anytime the whales could act and take back the price to the dropping point. As the price is strong above $8000 there is more chances for slow and steady increase over the falling months.
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I've spend $200 worth of bitcoin on sports betting when directbet website was active. I did this when the price of bitcoin was around $2000. Won bigger amounts and during those days I was not that aware of sports betting. Everytime I used to select the odds in a random manner, by those days I was lucky.
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At times it is very hard to predict the market and hold without selling. Sell out happens most of the time when there is panic wave relative to the bitcoin. It can be of some negative news or some hacks on exchanges, reserve fund freeze. By this time the respective asset value keeps falling, and if we don't react at the right time we're gonna loss. In recent days Binance is the only coin that overcame such scenario and the growth kept progressing.
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Chances are there but not really to be at 100% price growth. Not just because of its market volatility but because investors never been trusting altcoins more than they do in previous bull runs. I know it is accepted into our part but somehow we would like to see more improvements and to see altcoins soaring back high again.
At present there is very minimal chance for the altcoins to reach a higher level growth same as that of the year 2017. The bitcoin market is gaining good support at the moment, and when there is further growth we can expect the altcoins to grow along with bitcoin. This possibly will serve as the beginning of the alt season for the year. If the growth gets taken forward 2020 will be a big year for bitcoin and altcoins.
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Trading and gambling were the best earning access available for the cryptocurrency users. Both were highly risk involved medium of earning. Even a small earning will cause a big loss. Trading is much risky, because a small value drop could lead to massive loss if the trading volume is big. It is always good to invest little by little which is the best way to lower the loss.
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I would recommend only invest in bitcoin since you are newbie and asking here for suggestion. Investment in bitcoin is more safe than altcoin, less risk and low chance of losing a huge amount as well from current price.
Bitcoin is the safest investment of all time among the entire cryptocurrencies. To study and find the right coin for investment is really a hard task for a beginner. This can be overcome by making the investment on bitcoin. Though the price seems high, it is an assured profiting investment. Apart from the same it is always good to invest on the top list of altcoins. If it is an investment for the week then Litecoin seems to be the right pick as the Litecoin halving is scheduled for the starting of the falling month.
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As of now best and easier way to pay credit card/Master card is to change bitcoin to fiat. Further using those for paying directly from the selected bank account is the right choice as we don't have service renders providing uninterrupted services.
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your topic doesn't make any sense whatsoever! you claim bitcoin future is not clear and then claim to have taken a very huge risk investing in it. these two are in direct contradiction of each other. when you know something is so risky and has "unclear future" then you should not invest what you can not afford to lose.
There is contradiction in the thread statement and the content, this level of investing is highly risk but the same has been practiced earlier by few people around the globe. To my knowledge I've read about two persons. One person sold his home and all his belongings and bought more than thirty bitcoin. He left his belongings and lived in a refugee campaign until it reached the targeted price.
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Ethereum platform has lot things to be updated, already it has secured its place as the leading service provider. More dApps have been developed and were found much in use. Tron is in its early stages of development of dApps. Most of the dApps from tron was much focused on gaming sector. Recently a domain selling firm has started promoting the usage of domains with dot (.) eth, as everything is predicted to get integrated to ethereum network in future.
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Justin Sun has ideals that Tron can surpass Ethereum in dApps and smart contracts. Much has been done, like acquiring BitTorrent, launching several Dapps projects, the most famous of which is 888Tron. besides that Tron also partnered with several big names in the Cryptocurrency industry, Tron always wanted to do things that made him win from his competitors.
Tron has got a perfect team behind to push it hard forward, and has got lot of dApps based on the tron platform. This won't takeover ethereum that easy, even with its very low price and large volume of distribution it stands high among the top altcoins. There will be growth as it keeps widening the network holding hands with large scale firms.
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Everyone knew that strategies never gonna get promised winning. Strategies were just a way of trying to increasing the winning. Just a knowledge sharing, with gambling what we get from people who has experimented it earlier needs to be kept as the reference and we should not do the same thing as ditto. We need to think in our way and experiment it, because on what script he played and you played differs.
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We the users are responsible for our account. Hacks happen same as that an accident that happens when we're on the road on the right track. We can't blame anyone, we're supposed to move forward getting the funds recovered. Most of the exchanges will be having good security, beyond that if some hack takes place its the fate. Exchanges will never intend to ruin its reputation for which mostly they distribute fund from reserve. One such took place with Binance in recent days.
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Cryptocurrency replacing fiat never gonna happen in the short or long term, it isn't that an easy task. We haven't got such a big support all around the globe, to experience full on bitcoin without any fiat usage it is a must to have every Marketplace accept bitcoin. Right now we may find few Marketplaces in specific locality accepting bitcoin and further for a long distance there won't be any other stores accepting bitcoin.
Though it is called internet money, there is a need to make it used by each and every common people. This is how it is possible to make fiat get replaced by bitcoin.
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Countries keep on adopting bitcoin same time countries keeps reviewing whether it needs to be legalized or not. On the other side there were a set a countries that doesn't give any statement. However till date more countries that stood against cryptocurrency have been getting into regulated use of cryptocurrency. This is a big success. This will continue, and peer to peer technology gets used beyond any kind of restrictions. This way the usage will count.
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