I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
Actually People dont know the value of bitcoin or dont try to understand the bitcoin processing. Typically i think they say it as gambling because it is a decentralised digital currency and they fear to do transactions with untrusted or unregulated payment option. The way it fluctuates make people feel that trading bitcoin is one of gambling things. But they dont understand that it is an asset and your investing your money, time, knowledge and skills to get profit from it and so you cant say it as a gambling. Yes, you can saying it is gambling, because it is. Read: https://stockbet.com/#/support/gambling |
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After the recent news re. BTC China and regulators crackdown on cryptocurrency trading, we all know which direction bitcoin and alt coins are currently heading. I wish to buy Bitcoin and Altcoin when they hit the floor, but i am unsure of when the right time is to enter?
You and most people on this forum will not be able to pick a bottom. Your question needs to be in context. What is your holding period? One decade? One year? One month? One week? |
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Dictionary.com's definition for gambling includes:
"to take a chance on; venture; risk: I'm gambling that our new store will be a success."
"any matter or thing involving risk..."
Is there risk with owning Bitcoin? Yes. It's gambling.
Is there risk with investing in real estate. Yes. It's gambling.
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Most responses on this thread are wrong.
According to all of the major dictionaries, doing anything that involves risk in losing something or gaining something is "gambling". Look it up.
Buying Bitcoin, a business or stocks is all gambling.
Buying insurance is gambling.
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Tom Lee, former JPMorgan Chase Manager Director, said to take the opposite site of Dimon..."strongly".
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According to Investopedia, trading volume of BTC in China as gone from 90% a year ago to 4.5% today.
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Chinese government does not care if Bitcoin goes to $5,000 or $500,000.
They just want their people to stop laundering money to buy real estate in the West, which the Western governments are urging the Chinese people to do, by offering residency visas to those who bring (launder) over $X.
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I'm shocked at the number of replies to this thread.
Without reading the OP, you would think that it was complicated question.
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Why? Why not just support the Govt issued currencies? Why to hide your transactions from government?
How’s that camera in your bedroom working out? Bathroom? Why hide anything from the government? I guess if you don’t care about liberty, then you’d be okay with someone monitoring everything you do, but some people care about freedom. Edward Snowden said that NSA workers would grab photos from people's computers and phones, pass them around the NSA office and have good laughs at the photos. |
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There are many sites that list ICOs and token sales. However, they are a subset of the list on Bitcointalk.org's Announcement (Altcoins) page, for the following reasons: - Not all of the project teams will know about all of the ICO sites, but they all know about and will announce on Bitcointalk.org's Announcement (Altcoins) page
- Not all of the projects will pay to get listed on these ICO sites
However, Bitcointalk.org's Announcement (Altcoins) sorts the announcements based on which ones had the most recent comments. Therefore, on the first page, you'll see announcements that were originally posted months ago and even announcements whose token sales have ended. To find the most recent announcements, go to Bitcointalk's advanced search page and enter: - ANN in the "Search for:" field
- Change the "Between 0 and 9999 days" field
- Under "Choose a board to search in, or search all", uncheck "Check all". Then click on + to expand the list and check only "Announcements (Altcoins)"
- Click Search
This will show the announcements for the days that you selected. |
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Thank you. I did not know about this one. I looked the link. Yes. They don`t rate but it`s written on their site: "We provide several tiers of research at our own discretion." Yes, they are free, but it'll take a few weeks after you submit, before they'll list you. If you want to be listed in a day, you have to pay. |
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BTC volume in euro is at 4.85%?
I guess most Europeans must be trading BTC in USD?
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What percent of the coins will the company keep? Or if the company won't - how will you keep the market from being controlled by the bigger players?
30%. This is will be distributed to founders, developers, advisors, helpers, creditors, investors, future employees, helpers, etc. We are also having two phases to the token sale, to try to widen the distribution. |
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https://bitcoinist.com/john-mcafee-says-national-governments-going-war-bitcoin/...there is the never-ending fight between decentralized digital currencies and sovereign national governments. It is this latter regard in which John McAfee, the anti-virus pioneer, remarked that the war between digital currency and world governments has already started. Another interesting development is that some countries are making (or considering) their own digital currency. Estonia and India are two notable examples. A researcher at the Central University of Finance and Economics, Huang Zhen, has said that China should create its own cryptocurrency as well. Who will predict the next country to express interest in making their own digital currency?
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Interesting stats: http://www.investopedia.com/news/bitcoins-price-behaving-sticky/Currently, the Japanese yen accounts for 47.3% of BTC volume by currency, followed by the U.S. Dollar with 32.52%, which adds up to almost 80%. China's share, which was hovering around 90% levels a year ago, is now condensed to 4.54%. While the South Korean won and euro are at 7.34% and 4.85% respectively, according to cryptocompare.
In terms of exchanges, Bitfinex (BTC/USD) commands 11.57% of trading volume, followed by bitFlyer (BTC/JPY) at 4.48%, Bithumb (BTC/KRW) at 3.97%, Bitstamp (BTC/USD) at 3.84% and Bittrex (NEO/BTC) at 3.64%, according to coinmarketcap. The prices of cryptocurrencies have corrected due to the China crackdown. This in some ways has brought confidence in the markets as it lowered the perceived importance of the country to some extent. However, the range-bound movement in the markets is indicative that investors and traders are still looking for some clues before making the next move. BTC volume in China went from 90% to 4.5%. I'm surprised that BTC price hasn't dropped more. |
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