This tips of yours Sir was big help for me, even I'm not a citizens of Canada I have my cousin who worked there for 1 decade as an OFW. This links which you gave will give a big help to her to understand easily what bitcoin is, and this links is a good starts I think if she begin into crypto currency communities. |
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I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now. But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  In my view, there are several problems: 1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money". 2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all. 3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world. other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked. I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason. All of this explanation of yours are the reflection of your belief in Bitcoin and also a reflections of your behavior towards into Bitcoin too. Your basis was none sense and it doesn't make sense to me at all. Though the market now whether bitcoin or altcoins are in declining stage period but it doesn't mean it will going to die of course not! this is trading industry where volatility is more likely happen most of the time. |
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In my opinion, Ethereum is very suited in any aspects of the business, where in the near future the Merchants in the entire world would possibly
accept Ethereum as mode of payment to their business. Bitcoin was commonly use for investment and most of the time sending money whatever
country currency you belong as long as the nation has an exchange to convert from BitcoinBTC.
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In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.
I was wondering why did you said that Hold is not advisable? Maybe its not advisable for the people you said that are lack of knowledge which is I agreed, but telling it generally here is not good. Though, you didn't mention generally. And for me ti si still a good things method to be implement if the coins are really has potentials to increase but if your not sure never hold it just simple as that. |
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At the present time it's a bit better because the bitcoin shows the potential at its current price and the more holds of their coins to make a big deal as you just look at the market defference that increases the price of bitcoin continuously rising up so its more money you can earn in trading.
Currently, bitcoin was a bit increasing anyhow, which is a good sign for its holders. then, while its happening most of the altcoins affected by it, even the potentials altcoins got down its value like Ethereum, Bch, Etc, Neo and others but its a good chance still for the traders to buy some of it then hold. |
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Some people can't comprehend simple logic and arithmetic. Statistically, you would be better off if you went for combining short-term to mid-term trading with long-term holding. It is not carved in stone that there will ever be a new historical high. For example, with Bitcoin that would mean going north of 20k, which may never happen in the foreseeable future. And what then? But if you allocate some part of your stash for short-term trading you will be able to earn something by riding volatility now and then even if there is no long-term rise, ever.
I tried to explain this simple thing many times to quite a few people over here but they seem to be too stubborn in their delusions to accept the truth. But never mind, let them sit on their hands if they choose so as it is from their losing that our profits are coming from.
Well in that case sir, we really do nothing for them being stubborn. But at least, we gave them sit on their hands so that in the end so one to be blame but themselves. So, while crypto is not yet stable or Bitcoin fiat will never be disappear it will always be use in every aspect of business in our generation. |
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Almost all of us in this site hate Scam ico, But by the way isn't the right section to tackle this things? its supposed to be in the altcoin discussion right? anyway, I remembered there is an ico working on that matter actually. and as far as I know it is still running now and that is crypto police I think if I am not mistaken.
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For you to find out what best among of them was always check the coinmarketcap then check the top 10 or top 20 in there. Now its up to you on
which of them is best for you, and for sure Bitcoin is always one of them as the best coin to invest in, isn't right? Then, Aside from it, Ethereum,
Pundix, Lyl, XPX, utk, and Tky is the best for me in my opinion.
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So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy?
I've been here for almost 1 year, but I never join in any airdrop program here. Because it is just a waste of time for me, also a dangerous things too, because it can only be a bridge for you to steal your personal information, email, and etc. Though I'm not saying all but most of it I know. But this is just perception, I won't risk my personal information with such a things especially with those airdrops requiring a KYC form, that's a totally a bullshit for me. |
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It looks like most of us on this forum are hodlers and we are really more comfortable with hodling rather than taking a risk and doing some trading because of our lack of experience coupled with the current market conditions...
I think not all but only a few members in the forum are holders, because majority of the community here need money instantly or in a short period of time, That's is why most of em are always in a hurry to get some profit in here especially for the newbies who came in the forum or in trading platform. But, honestly in this situations we really need to be patience it is really the market was in the middle of declining period or it could be finish only just we don't know when? |
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Hi I am just new to Yobit Trading Platform, can anyone teach me how I can see my transaction that I have made in Yobit. Can also anyone tell me if Yobit is a good trading platform or not.
In every legit exchange they have their own history record for every transaction of their client in there. Because once you made a transaction in withdrawal below of it you will see it processing as long as your doing it right, but if you do wrong even a bit of it everything will be loss, and that's the SOP to all exchange platform. |
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The value of Bitcoin is rising again, can we expect a significant jump in Bitcoin value by the end of the year?
Bitcoin increased for a couple of days but not enough as I expecting it. I think it will takes more weeks or it could be months from now, depending on the demand of the whale investors. Just for now I will still hold until it reach the highest peak where I am expecting it to be happen anyway. |
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Hello everyone, Today i'd like to share my story.
So in 2017 in sept, I first mined some electroneum coins and they were worth like $200 later, I as a student couldn't afford to buy Bitcoins for trading or holding, So mining did helped me ETN was a good coin, i would mine like 50 a day and it turned 20cents each, I got addicted to crypto and trading but i was scared to trade and lose those 200$ because then i'd have nothing, So from Sept to Nov, i'd just watch graphs and look at coins, Watch videos, try to learn trading and everything and in December i started trading and you guys know what happened at December 2017, But i was prepared so my $200 turned into like $150, still a loss but anyway.
But it went like this and i kept trading and everything, and i was in love with it...... Sadly in my Exams, I failed 3 papers in total 5... Because of Crypto, it takes you away from Real world, So i was disapointed because of it.
Now i trade carelessly without emotions, and i went above $200.. I saw many times and now experience told me its true that trading is 10% skills, 10% luck, 10% patience and 70% emotions....
good luck and enjoy your lives and don't ruin anything.
Edit: I still have high hopes from Crypto and i think this will change my life and i'll be not worrying about Studies later, But like people say "Don't put everything in one Basket" , so always have a backup. Study is my first priority and Bitcoin can be my side struggle and with luck and hard work, i might not have to worry about studies then.
I think if you failed in your exams it is your fault anyway, not the crypto is the issues why you failed. You spent too much on crypto then you've almost forgot that you need also to spend time to your studies to review about your exams. Which means it shows that you don't know how to manage properly in your personal time. |
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Hello everyone, what is your opinions regarding Bitcoin Futures. Some say Bitcoin will dip, some say will double.I heard that most of the countries were going to change some rules on Bitcoin, That will effect on the value of the Bitcoin too. What will you say? What are your opinions?
Most of the community members believed that bitcoin in the near future will rise up its value, and majority of them are waiting for it, and of course including myself I'm waiting for that time also. Especially, I believed by next year 2019 Bitcoin could be the season of its increasing value in my opinion. |
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There are lot of newbies here now in the forum are pretending to be experts, some are making a good stories about their experience without giving
any details of how do they become successful here, which is obviously not telling the truth just to make have some post. Just all I can say if you
don't know about anything here if you are a beginner, never try to attempt to go in trading or invest in any ico project. Unless you do some personal
research whether it is bitcoin, altcoins, trading or ico project, something like that.
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Going back to 2017, this was the time were bitcoin moved aggressively if I am not mistaken midst of this year Bitcoin rapidly increase til
December until it reach the highest peak of more than 19k usd each Bitcoin, and this was happen less than a year, then when 2018 entered
Bitcoin crashed down little by little, so 2019 is very possible for me that it can be time of bitcoin rise up again.
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Guys, how do you think, is a ready-made product important for ICO project? In my opinion, it is, because it can show investors that the team is ready to bring huge results and has future plans. As an example - KickCity, event platform where each user is rewarded for event promotion. You can try it today. More information you can find here https://medium.com/@kickcity_io/kickcity-public-beta-5aa66fafc5c7An absolute plus btc_love! As you mentioned, it boosts confidence indicating that the team is actually legit. With products to prove that they actually can deliver what they hoped and envisioned for. Such projects that are backed by an already existing product will definitely give the project a whole lot of advantages compared to those that are merely selling ideas. |
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Hello
You know that most of ICOs lose their token price directly after token distribution. Sometimes it happens through bounty hunters, sometimes for other reasons... So the question is as follows: Is it good strategy to buy tokens at low price directly after ICO?
Soundly speaking kasterin, from my humble personal experience, it would be wiser to wait a little more while after the ICO finishes before you start buying. You see the dump will usually make the price go downhill, and that would be the perfect chance to go on a buying spree. Then hodl them and wait for the market to start pumping again before selling your coins out. |
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im fully aware that ethereum got some moves and that others are saying that
it will overtake bitcoin in marketcap and will take the top spot
but im pretty sure that bitcoin will remain on top and ethereum will be the second largest only
what are your views regarding this , just want to know what your thinking
give us a thumbs up if you like this topic
A lot of speculation has been made on the Bitcoin vs Ethereum race. And the only thing i'm certain is that no one can be certain. Given the undeniable fact that the economy of cryptocurrency remains largely volatile, any coin can tumble down anytime and any coin can shoot up to the moon with no restrictions. Yet again, demand will usually dictate the value of one, i think bitcoin will remain on top for a bit more longer period of time. |
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Do any of you participate in ICOs that requires KYC (Know your Customer). We actually experienced this one on exchanges but how about in partipating in ICOs or just even in airdrop that requires KYC.
I think it depends as for me as they are many scams as well just getting your information. In some instances, we can be blind sometimes, mkay? I really do not join airdrops if it requires too needy to get your personal information.
I believe some people are not cautious as long as they can join airdrops. How about you? What are your thoughts about KYC in ICOS?
A very valid doubt there xtin! I do so selectively. Depending on the manner of KYC that is required (as some does with the deepest details), i participate when i feel the ICO is trustworthy and beneficial. Though of course, none could really tell when our details might be compromised. I'd say it is always good to exercise protecting one's identity most of the time. Avoid KYCs when possible until unless the project is well established. |
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