Bitcoin Forum
May 27, 2024, 11:22:55 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 [26] 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 ... 201 »
501  Economy / Speculation / Re: This Isn't Manipulation on: January 21, 2019, 04:49:17 PM
If adoption is not done through talks than I don't know how it will be done.

You talk about bitcoin, I learn about it, I talk about it someone else learns about it, the more we talk about the more people learn about bitcoin and in the end we all come to a level where everyone knows what bitcoin is and can talk about it and that creates a situation where everyone either uses bitcoin or at least knows about it.

If we can create that world than the adoption will increase. There will be more and more people that use bitcoin in the future. Don't forget that technology is adopted by young people first and many young people are not business owners, there will be more and more business owners in the future that are young right now and those people will find a way to accept bitcoin.
502  Economy / Economics / Re: Just a friendly reminder.... on: January 21, 2019, 03:21:12 AM
The weird part to me was the closeness of milk and gas prices. Do people know how we get gas and we get milk ? You can actually continue to milk the cows forever as long as cows exist and we have new cows every single day in the world which means milk is something that is infinite and can be produced forever. However, oil is something we have very little of and will only have for a while before we run out of it and that is why people are moving towards clean energy instead.

I would assume the amount of milk we could buy could potentially stay the same but apparently it went down as much as the other stuff as well. Inflation is just ONE way rich folk steal from the poor. When you have investments then you try to out pace the inflation and get richer, when you work for salary and have no investment you hope your salary is increasing faster than inflation which it never does.
503  Economy / Economics / Re: Notable Bitcoin Critic Claims Price Likely to Hit $5,000 In Near Future on: January 20, 2019, 06:14:05 AM
How do you respond to comments made by Bitcoin critic Jeffrey Gundlach, CEO of DoubleLine management. He estimates that Bitcoin can reach $ 5,000 in the near future. Gundlach notes that investors who have a high tolerance for risk can make easy profits if they want to trade Bitcoin.

The question: is it true that currently Bitcoin has changed with fairly competitive volatility ...?

Source: https://www.newsbtc.com/2019/01/11/notable-bitcoin-critic-claims-price-likely-to-hit-5000-in-near-future/
I don't think experts are really that much experts neither, how can you be an "expert" in bitcoin when you have no idea what makes bitcoin go up and go down. These so called experts probably see that SEC is potentially accepting the securities deal and then they see Bakkt trying to build a platform for constitutional money and got hundreds of millions of dollars in funding which means they will probably manage to get it working.

When you combine all these great news together there is a big potential of bitcoin going to 5 thousands dollars, you don't have to be an expert to know that bitcoin has a big potential to go up now. After a whole year of bear market and couple of upcoming great news, it is bound to eventually go up, they didn't say like 50 thousand dollar neither, just 5 thousand which is something pretty close to our current price.
504  Economy / Economics / Re: How do you describe the situations of the crypto market today? on: January 20, 2019, 04:38:11 AM
i really believed that somehow their are big people or personalities behind it,who controlling the crypto market, it's a some sort of strategy for them to be able to gain huge profit.
Obviously, whales are here to manipulate the market directions. They must be controlling the market for their own benefits but we cannot ignore that they were one of the reason why we got bitcoins near $20k, that also must be part of their manipulation for same reasons. We need to bear both of these. We cannot blame nor complain nor do anything as it is part of every market hence we need to withstand in this hard time too.

I think the price now is on the sideways because the increase or decrease was not too high or too low.
'Sideways' must be the right term to describe the current situation of crypto market more appropriately. After the steep rising, market usually will fall down but after steep downfall, market usually go for sustaining phase. This is what exactly happening right now.
505  Economy / Speculation / Re: Future BTC's price on: January 19, 2019, 03:40:55 PM
The miners going away is just a myth and will not happen because it is by far the fastest way to get the transactions accepted, we would eventually have to find a way to both pay the miners a lot of money but also make sure we are not really paying to much to them individually on each transaction we make, closest we can get is slow transactions that gets bundled together and sent in one block.

Yeah, staking is possible but not for bitcoin, if something is as little volume as ethereum it is possible that you can use staking and even tough it can take less stress on the blockchain since there is not transactions as much as bitcoins blockchain they can do it, bitcoin can't afford to go to staking option since it will make it impossible to send money from place to another with that much volume in bitcoin.
506  Economy / Speculation / Re: The market looks boring 2019 on: January 19, 2019, 02:54:02 PM
It has been just 19 days of 2019, we should wait a bit before we decide what the 2019 will look like. However if you ask me boring is much better than the chaotic things we had in previous years. One year we started the year with 700 dollars or so and ended with 20 thousand dollar high, which to you may sound amazing, from 700 dollars to 20 thousand dollars looks great on paper however bitcoin and blockchain wasn't prepared for such a big attack and hype so the price was unsustainable and the price went down.

Another year on 2018 we had a year where we went down from 20 thousand dollar levels to 3200 dollars at lowest which means we have dropped a lot and on paper it looks horrible but in reality from start of 2017 to end of 2018 we have moved from 700 to 3200. If you tell anyone that their money will make about x5 profits in 2 years everyone would jump into it.

So, instead of having the middle of 20 thousand and back, how about a boring from 700 to 3200 type of x5 in bitcoin in 2 years ? From today to bitcoin halving, we should aim at being 10-15 thousand dollars without having too much ups and downs, just small ups all the way to there.
507  Alternate cryptocurrencies / Altcoin Discussion / Re: Is blockchain job friendly? on: January 19, 2019, 07:29:51 AM
I have been reading lately a lot of articles about how blockchain adoption can improve a lot of services and not only, which I truly believe too.
But what jobs or services you think will be suppressed and which will be created if we adopt blockchain.
I understand you mean for kind of jobs creations/ improvement that blockchain will be bringing if it is adopted ? Or do you you refer something different thing ? In my understanding blockchain technology could be incorporated in any business where efficient data storing and preventing counterfeiting are big criteria. Blockchain technology is nothing but an improved version of distributed computing hence unauthorized edits will not be possible.

Blockchain technology may create more jobs or may not. Because, it will be too early to conclude about its future in this perspective. But, we can be sure about more efficient data handling just due to adopting blockchain technology. When business people are finding cost saving due to efficient data handling by adopting blockchain technology then we can be sure about they will be focusing on further business developments which may create more job opportunities in significant levels.
508  Alternate cryptocurrencies / Altcoin Discussion / Re: What Is Going On In Crypto World Now ? on: January 19, 2019, 06:20:58 AM
Is anybody  behind trying to manipulating the cryptocurrency  ? Exchanges platforms are shutting Down  and the Market always keeps dropping, isn't  it a sign  of  someone fighting to  Shut down  cryptocurrency  ?
There might be number of people who are all hating cryptocurrencies for unknown reasons but I'm sure no one of them could be find themselves succeeded. Manipulations, hacking and exchange shut on are nothing new for this crypto space. Because, in the last 10 years of time span, it had encountered many such incidents still it is growing stronger. These incidents and things are just passing clouds and we never need to worry about.

This year Two  Big Exchange Is in Big Crisis, Hit BTC And Cryptopia !!
Hitbtc was a problematic exchange for long time and it was a highly expected case whereas cryptopia is one of the highly reputed exchange and its sudden fall was really a shock to this community. Considering the number of exchanges are available in present days, I believe shutdown of these exchanges may fail to create any impact to this crypto space.
509  Alternate cryptocurrencies / Altcoin Discussion / Re: A Message from XTRABYTES CEO on the Cryptopia Hack on: January 18, 2019, 04:42:49 PM
At least they made a statement but this is the trouble with these types of coins and also bigger coins. It is great that your xtrabytes are safe because the team is working on finding a solution and trying to freeze or unfreeze and so forth however this also means that coin is basically centralized.

If the team is capable of doing these to prevent something bad to happen how are we so sure that they won't use this for their advantage in the future as well ?

We have to trust that they are good people and they will do the right thing and this example shows that they are actually good people but that is not really a good thing in crypto world, we need to know that they can't do anything and money is so decentralized that even when hacked its gone instead of trying to get it frozen and the blockchain reversed or whatever. It is the bad thing in the good thing, kinda like ying yang.
510  Alternate cryptocurrencies / Altcoin Discussion / Re: Decentralized exchanges the future of 2019? on: January 18, 2019, 03:43:49 PM
It is not really that easy to advertise a decentralized exchange. First of all there is no central place for it that could advertise it, there is no money like the central exchanges make so there is no costs but no profits neither which means there is no budget for it as well. I mean decentralized exchanges have only one chance to actually get bigger and that is going viral.

If one of them goes viral and gets heard by many people and get a lot of users, that could bring attention to it, aside from that there is really no way of getting bigger without spending money. Of course some person may start one and spend a ton of money from their own pocket without caring about profits and than can make it get it heard but that's really unlikely to happen to begin with. So, I doubt any of them will get any bigger in 2019 because its unlikely but if it happens it will happen all of a sudden and not slowly.
511  Economy / Trading Discussion / Re: How to start a bitcoin exchange on: January 18, 2019, 02:36:57 PM
If you can't decide between how to start than you probably should not. First of all it takes a lot of effort to start one and you need to know a bit of coding, in case you hire someone to build you one you are not sure how safe it is both from the developer who can build a backdoor to it and from outside hacking attempts.

If you buy or rent from somewhere else you are both not getting as much profit as you can and also not sure if the place you bought or rented from is either trying to steal or has weakness that could be used.

Basically, anything that you yourself do not develop will be risky and that is not acceptable, plus you need to have a lot of money to advertise it as well, look at all the tens of exchanges that basically has no capital for advertisements, they get buried under hundreds of places that advertise constantly.
512  Economy / Trading Discussion / Re: Crypto Trading 2018 in Review: I backtested 32 strategies with full year of data on: January 18, 2019, 01:49:30 PM
I like to hear your current performance in terms of profits for current markets just to evaluate the strength of your strategies.
If time permits, please share about your open calls and target details so that we could follow and may decide to make use of your strategies.

Many times I have heard about back testing to analyze the newly designed strategies. In my understanding, traders who are not having enough time and patience for testing in real markets, going for back testing. Other than this is there any significance importance are there to follow a back testing ?
513  Alternate cryptocurrencies / Altcoin Discussion / Re: Any additional cryptocurrency security tips? on: January 17, 2019, 03:35:17 PM
I can't believe private keys are so important yet at one point it was something people shared all the time. We used to share our private keys with websites so we could get wallets that are cool looking. Like 1altcoin.... so forth, I mean we didn't share our private keys but they owned the private keys and shared it with us.

It is upmost important that you do every single thing you can think of for security, do not be as stupid as the early investors like us because we failed to see the red signs. Even every single exchange is out to get your money or could be hacked like recent cryptopia one, so no matter how safe you think you are, you will never be 100% safe in this environment.

Even if you do not get hacked, people will hype you up about a coin and take your money willingly and run with it.
514  Alternate cryptocurrencies / Altcoin Discussion / Re: Will STO's Work? on: January 17, 2019, 02:39:14 PM
What do you guys think? Will STO's be able to compete in the crypto market and actually succeed? I'm glad to see ICO's die out. They were consuming too much market cap +90% of the projects were garbage. I made a list of 100 ICO's I seen promoted back in April and only a select few of them are doing well. Nauticus launched (https://nauticus.exchange/) which is great news for the exchange community, but unfortunately today Cryptopia suffered a hack. We seem to take one step forward, followed by one step back...What do you guys think?
I hope so. ICO projects are not getting too much attention anymore. If you check icobench you will see that there was about 1.6 billion dollars invested into ICO projects last year on February and this January even though we are just at the half yet we have just 160 million dollars and I am not considering a ten time investment made into ICO's anytime soon which means ICO projects dropped to %10 what it used to be.

Thanks to STO projects maybe those numbers will go up again, I mean it is not a guaranteed thing but at least we hope it will make it alive again and make it trustworthy again. Even if it reaches to half of what it used to be around 500-600 million dollars per month that means we are on the right track and during the next bull run it will go beyond what it used to be but without that hype we are going to see it go up to maybe 500-600 max instead of middle ground.
515  Economy / Economics / Re: You were warned on: January 17, 2019, 07:01:20 AM
Epic piece of writing and one that would be forgotten as soon as people finished reading this, because people never listen to any warnings, when it comes from unknown sources. They want advice from famous celebrities and rich business people, as if they have all the answers to all the problems in the world.  Roll Eyes

Nobody listens to warnings about Global warming and they cry when devastating natural disasters happen, so I guess the same thing is going to happen with the next financial crisis.  Angry Angry Angry
You are 101% right with your perspective views; very appropriate example too. Unless otherwise they are experiencing themselves, no one is giving importance to any such warning even for the cases of celebrities nor for government's warning as well. People are busy with their daily routines hence ignoring what they have must to do for securing themselves from future disasters and hassles.

Even we are not bothering about what is going to happen in near future for the world economy, at least we must listen to the solutions provided everywhere.

Here is the perfect one from OP :
Buy Bitcoin or gold or something that should survive the coming crash.

Leaving off traditional banking and focusing on alternative investment must be the wise action we need to follow to overcome such economic crisis. Fortunately, we are having bitcoin to act as a Savior for all of us. But, not sure how many people are going to make use of bitcoin to safeguard themselves against another economic slowdown.
516  Economy / Economics / Re: Important conditions for the progress of bitcoin on: January 17, 2019, 04:38:21 AM
First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts.

The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety.
Without the help of any of recognition and regulation alone bitcoin have survived for last 10 years and peaked up to $~20k. Hence, why should we expect those after the mid way. More importantly 2017 does not need to be repeated but something better than 2017 will be repeated for sure. Just fasten your belts, next halving will be in less than 18 months. Bitcoin's basics and fundamentals are more than enough for another new ATH.

Quote
There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements.
Institutional funds will start flowing-in on its own time. FOMO will help bitcoin and will benefit the investors too. In future the massive number of small investors may overcome the institutions to decide the directions. It means bitcoin will grow as attractive enough to have its real supporters.
517  Economy / Economics / Re: Ukraine plans to impose a tax on the operations with cryptocurrency on: January 16, 2019, 08:31:23 PM
I thought they were not getting any taxes until 2030, what happened to the law that said all crypto income will be tax free until 2030 in Ukraine ? Did they realized they are missing too much money from the no tax rule and decided that they would rather get taxes instead ?

I have been to Ukraine once and it is an amazing country, leaving the Russia war aside they have been an amazing European country for years now, thankfully I went to more west side (lviv, lbib ? not sure how it is written) and there was barely any effects of war and it was an amazing place and made me instantly feel like I would love to live there. If ukraine keeps the 2030 rule instead of start taxing I am sure many crypto people like me will want to keep going there constantly instead of trying to stay away from there.
518  Economy / Speculation / Re: Cryptocurrency analytics (Bitcoin, Litecoin, Ethereum, Dash) on: January 16, 2019, 06:27:10 PM
Great way to attract visitors to your website. I applaud your hard work and you deserve each of the clicks you get.
However, I want to ask considering the market has been chaotic in the last couple months of 2018 and quite stable since this new year, do you think charts will help us understand the long term or is it more short term gain goal ?

I mean with the upcoming SEC and Nasdaq and Bakkt and so forth, how much do you think charts can tell us, will it be capable of telling us what will happen in the coming months or is it more daily or even hourly help for us ? If it is daily or even hourly maybe it will be understandable but if it is currently just showing them how can we react towards the upcoming things ? Should we stay on bitcoin or even fiat until those go by and we have chance to see what happens before we trade on those days ?
519  Economy / Trading Discussion / Re: Can we do 15 - 30$+ per day by trading successfully in these market conditions? on: January 16, 2019, 05:41:19 PM
The crypto market being down, and further going down, is only a problem for noobs because the only thing they do is buy in and wait for the price to shoot up, which it hasn't been doing for over a year. It's a bear market after all....

There are enough platforms available allowing you to short almost every top tier crypto currency, so the decline we went through and so many people complain about could have been extremely profitable if you shorted.

I would say that it's too risky to still be short on the market and that it is better to stay out, at least for now. It wouldn't surprise me if we tank below the $3000 mark, but in the same way it wouldn't surprise me if we bottomed out already.
Most probably we have passed the bear markets and now we are into sustaining phase where short term trading will be profitable for a skilled trader hence making $30 will be possible given that how quicker the trader will be on reading the charts and indicators to make decisions on entering and for profit booking.

In my experience we never should target for daily profits. This is kind of gambling because we are chasing some profits on daily basis. Instead of that we should work hard for accurate technical analyses then profits will come into our hand on its own way and  we never need to bother about how much profits that we are going to make on daily basis. It means you may book some profits for some days and no profits for some other days but overall you will be making more than $30 also in average at the end of month.
520  Economy / Trading Discussion / Re: Short now = make lots of money? on: January 16, 2019, 05:07:54 PM
Hi,

I have no experience short selling but I debate shorting now. Good idea? Anyone with experience? BTC seems overbought...
I have done daily trading (short-term trading)
from that trade I can still get a profit, even with a small profit because of the falling price situation but it is still profitable for trade
Please understand that short-term trading is completely different from shorting way of trading. OP is here referring shorting which is basically based on "sell first and buy later" whereas usual way of trading is "buy first and sell later".

the lack of experience in trading will be a major disadvantage. Buy low and sell high now is popular and it can help you profit up to $ 500 per day.
$500 or any small or big level profits are purely based on how big your capital and how versatile you are with trading. You cannot make big profits from both buy-low-sell-high or shorting way of trading if you do not have big capital. But, big capital may work for you only when you are fully aware of how to trade without big losses. Here, you must notice that, making profits is secondary but preventing losses must be the primary goal for sustaining in trading. Once you are able to sustain then you can keep making profits easily.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 [26] 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 ... 201 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!