I think the majority of folks on here on hodlers. Mempool doesn't matter to many and there's a multi faceted plan to make transactions faster.
Mining power can be moved and replaced and with all of the creative developers, some sort of plan is likely in the works.
Can you please enlighten me on the general plan to make transactions faster and cheaper? I've been looking out for it, but there isn't much. That's because too many people rely on the system becoming more inefficient - that way they will make more money |
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1-Read a lot and grow some Investor Spirit.
You clearly have drunk a lot of spirits when writing this post 2-Stop Believing Low-Quality News and Rumors.
By which you are the same as Donald Trump. Any news you don't like = fake news. 3-"No Investment is Risk-Free" - so, stay prepared to take some risk.
Yes. Exactly the same as the risk you take when betting in the casino. Except in reality then it is not a risk. Long-term it is a sure loss, and the only winner is the casino. In Bitcoin the casino owner is equal to the miners and the exchanges. You lose after they have lured you in by making you lucky the first few times. 4-Always trust in Bitcoin (you don't need to buy a whole BTC if you can not afford right now, just buy, sell when high, then wait and buy again when the price is low)
"Buy low. Sell high". Wow you are a financial genius. Why don't you then do it by investing in coal or port bellies? |
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Mining power can be moved and replaced and with all of the creative developers, some sort of plan is likely in the works.
...right...unicorns and pixies will ride in to the rescue.... |
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So guys, I think that bitcoin also should be audited, but Idk any projects which can provide it  Audited? What are you talking about? Why are you afraid of an audit? What have you got to hide? |
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Most of these CFOs fear the impact to their bottom line and backdoor deals with banks and such. They will continue their assault and try their best to minimize crypto.
Hopefully it does
Not just hopefully. It will. |
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I do not know why you here to troll the bitcoin users and investors. If you want to make any shit posts you can find the many off topic in many sections like economics, btc discussion and off topic section.
You may find the people like mexxer who can debate the bitcoin related queries.
A typical sign just before a bubble bursts. People who are invested become increasingly emotional and angry because deep down they know they are about to lose, but they cannot admit it to themselves because they cannot accept they have made a mistake. What a tool. Yes indeed. Psychological models are indeed good tools to understand the dynamics of a bubble. Thank you for agreeing with me on that |
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Fortunately, people see through the facade.
Thank you for calling Bitcoin a facade. That is of course correct. Only problem is that you are only here to promote the trumpcoin |
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I think scottykarate=freightjoe
How can a newbie be so obsessed with another newbie to open a bash thread....
Just my 2 Sats
Not true. scottykarate is just a newbie shill trying desparately go get people to support his coming ICO for the trumpcoin |
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Hi,
I need some help on what I should do with my cryptocurrencies. I have a significant(to me at least) amount of money in my exchange with GDAX. I have all my cryptocurrencies all at a stop loss price in case these coin plummet in price I can cut my losses.
However, I have heard that it is unsafe to store all the cryptocurrencies in an exchange because of hackers/security reasons. I do have a hard wallet but the only problem is if I store everything into my hard wallet I can no longer put a stop loss on all the coins.
What do you think I should do? I do want to be secure but again I want to leave it in the exchange for the stop loss purpose. Any suggestion would help.
Thanks!
Sorry, but stop-loss does not work with Bitcoin. The problem is that when the price suddenly drops (as recently in the fight with Bitcoin Cash), the number of transactions increase rapidly and the miners cannot (or will not) process them fast enough. This means that even though you want to get out, your transaction does not get processed. Therefore in reality you cannot have a stop-loss on Bitcoin. In reality when the price drops you cannot get out until the price has reached the bottom. |
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Okay, so my facebook is viral with these news
It stated "WSJ says that the bank is looking at allowing clients to trade Bitcoin"
However, is this news true?
If this is true Bitcoin gonna just going up non stop, the supply mined time by time and the demand of people who get into bitcoin is not at the Equilibrium level, especially halving applies every 210,000 Blocks
This means that Bitcoin will open for large-scale shorting of the value. The major exchanges are doing this so they can profit on shorting Bitcoin and make money on the crash that follows. |
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Many in here say they have steady profits with Bitcoin. Also they keep promoting the "hodl" strategy to get those steady earning.
This is exactly the same as being in a casino betting all your money on red on the roulette.
Right now we have been lucky, and red have won 10 times in a row. And you are using that as an argument that betting on red is a good profitable strategy?
"hodl" as a strategy only works as long as you keep being lucky.
As we all know, long-term there is only one winner in the casino, and that is the casino itself. In Bitcoin, the only long-term winners are the miners and the people owning the exchanges.
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FUD is everywhere and it exist in every crypto.
Some FUD are true because of its evidences (screenshots etc..)
and sometimes the crypto price stumble and fell.
is the FUD can be a basis now for cypto price fall?
"FUD" is what insecure people say when they deep down know that something bad is going to happen to their investment but they are too weak to admit they were wrong and get out while they have the opportunity |
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Why leave the game which brings a steady income?
So your plan is to go to the casino and bet everything on red. And when you have won 5 times in a row, you actually believe that betting on red is a solid strategy that will bring you steady income??? |
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Let me tell you my story:
A year ago when bitcoin was at $750, I told my relatives
about bitcoin and how it had potential of going up to $5000
or more and all I got from them was that it was a scam and
it had no technology etc.
Fast forwarding and now almost everyone of them ask about
bitcoin and if it is safe to invest in it or other cryptocurrencies.
The irony...
So basically you went to the casino and bet everything on red. Now you have won 3 times and have therefore doubled your value 3 times. And you use this to tell your friend that "betting on red" is always a good and profitable strategy..... |
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I do not know why you here to troll the bitcoin users and investors. If you want to make any shit posts you can find the many off topic in many sections like economics, btc discussion and off topic section.
You may find the people like mexxer who can debate the bitcoin related queries.
A typical sign just before a bubble bursts. People who are invested become increasingly emotional and angry because deep down they know they are about to lose, but they cannot admit it to themselves because they cannot accept they have made a mistake. |
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.... and it is staying high....
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I agree! I tried sending btc just a while ago for me to engage in trading, I LOST A LOT OF BITCOINS COMPARED TO WHAT I LOST IN TRADING.
This is what I have also been pointing out. The whole purpose is to prevent small investors from selling - that way prices can be kept artificially high. In reality it is stealing the profits from the small investors |
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There has been an interesting change over the last few days.
A few days ago all users in here responding to my posts were extremely angry that I would even suggest that there might be problems with Bitcoin. But over the last 24 hours, there has been a change. Now I more and more see:
- people who agree we are heading into a bubble (altought different views on when it will burst)
- people who agree that miners are increasing transaction costs dramatically and are a threat to very idea of decentralized Bitcoin itself
- people who have lost money due to various hacking scams
The tide clearly seems to be turning
Do you think that these changes in the mood of the people will entail fall in prices? I personally think that уes. I agree |
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if transaction fee increases to such extent, no small investors will show interest to buy it
It is much worse - it means that small investors cannot sell and get the Bitcoin out without the miners' stealing your profits as fees |
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