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Although bitcoin owns 70% of all the digital-asset world’s market value, bitcoin isn't the one leading because Tether has about 18% higher than bitcoin based on the trading volume. Check on coinmarketcap daily trading volume, Tether has $30,990,173,614 and bitcoin has $26,116,728,550 it's interesting as Tether value pegged on the dollar. Tether was used in 40% and 80% of all transactions on two of the world’s top exchanges, Binance and HuobiNevertheless, people in the crypto sphere know bitcoin still the king of cryptocurrency without any doubt, all of the altcoins in the market can't compare to the success of bitcoin. Source |
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there is no need for convincing because people will stand for what they know is right
Agreed, no need to waste time to explain bitcoin to people who don't like it, even for many people, they wouldn't find it attractive. but what i am doing is encouraging then to at least take a look in some areas of cryptocurrency that might have their attention and may bring them to realization of what is cryptocurrency and why it was created. Most people are moved by their interests, bitcoin as a currency, bitcoin as freedom, or the fundamentals of bitcoin may not interesting for them, but the most remarkable point of bitcoin is the price which always increases over time. it's not a better perspective for the layman but that happens, people tend to invest in bitcoin in the hope to get more money but they will feel disappointed when the price plummets. |
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Ahhh, so that was the reason why the xlm price suddenly increases yesterday. Stellar lumens has its great days in the past, but as Dixon said the network and the community has changed since the early days of development. Many competitors have the same problem but the famous one such as ethereum still hold the most choices altcoin. Nevertheless, xlm has more advantages compared to eth in terms of transaction protocol. Nb; this thread doesn't belong to this pressboard, you have to move it to the altcoins section. |
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If we are talking about companies using and implementing blockchain technology in their company we are talking about their own versions of "blockchain technology" some of it are even patented so that others won't copy. So the growth you are expecting that the industry will have because they are exploiting blockchain technology in their company then think again. This will have no effect in the industry at all since it doesn't give any kind of benefit whatsoever on our side, it doesn't even promote the use of Bitcoin because of it. The technology of blockchain is really just a separate entity as well as Bitcoin. The crypto industry and their own blockchain is really alone without the government's support as well as companies directly taking advantage of it without them then mass adoption won't really happen.
Indeed, it has nothing to do with bitcoin development or adoption, blockchain adoption by a company isn't a piece of good news for bitcoin. Even a country like China will implement bitcoin technology in various sector to boost economics, finance, education, employment, health care, infrastructure management, and public services, doesn't mean it's related to bitcoin and will make it prominent to the layman and brings more adopters to the community. |
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We have 1 month and 3 weeks more before the end of 2019 and Im just hoping even this year bitcoin value will turn into $10,000 or more because if we go back again bitcoin to 5 digits we can focus to our next target or goal which is $20,000 probably high chance to happen in 2020. But now my prediction for 20k dolalrs this year is 50 over 100 percent only to happen
Yes if the value of bitcoin remains in 5 digit figure then it will give morale boost for to expect more as there is not a huge difference between $9,000 to $10,000 but achieving 5 digit figure is a different landmark. Let's hope for a better year ahead unlike 2018 & 2019 which were bearish. I've placed my bet that bitcoin will reach over $10,000 by the end of the year, it wouldn't so hard because it's a few hundred dollars less to reach that target. At this point, the scenario probably bitcoin holds its position above $9K for a month as the price has been fluctuating between $8960 to $9600 for 9 days since October 28 th and still no sign when it will breakout the resistance level. Better to have slowly but steady increase rather than an instant pump, right. |
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I'm thinking about how to be qualified as a professional trader, There's a web site that I found on ads and it's called Etoro. On the website they allow users to copy a certain trader's portfolio and the website show the trader's current growth.
My question is how can a certain website know if you are qualified as a professional trader? I don't think the portfolio is enough to be trusted because it is easily manipulated by some editing skills.
For a licensed company authorized through Cyprus Securities & Exchange Commission (CySEC) compliant with European Securities and Markets Authority (ESMA) rules and regulated by Financial Conduct Authority (FCA) stated some as professional traders built upon their trading performance to earn profits above the average traders isn't manipulated by editing skills. Professional traders skills based on their technical aspects of trading and trends in the market to make the right calls which followed by many people. Source |
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The emergence of bitcoin laid the foundation for long-term global and inevitable changes in the financial world. Maybe now this is not felt at all, but 10-20 years will pass and we will forget what fiat and centralization are.
Bitcoin and banking system doing well side by side all this time, bitcoin can't replace the banking system the same as bitcoin can't replace cash and vice versa. Not in 10-20 years, even in 100 years, the central bank and banking system will always remain backed by the country. Bitcoin meant to be an alternative, cannot be compared to cash in terms of daily usage, unless there is a hard fork to change the fundamentals of bitcoin to accommodate massive adoption. |
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Hard to say as bitcoin relatively expensive, complicated for average joes and not stable to be used in daily life. For a rough proxy, CoVenture Research says there are “11.2 million bitcoin addresses that hold at least .001 BTC,” or about $9 worth.
we are missing a big segment of Bitcoin users.This data doesn't represent bitcoin users as the survey mentioned; one address can be an exchange and one person can hold millions of addressesan exchange such as coinbase has more than 30 million users in July 2019, just in one exchange, if we add one excahnge that represent a country, just imagine how much bitcoin users around the world. Although bitcoin has millions of users, still it can't sompared to facebook or twitter in term of daily use. The main problem to be solved is price manipulation, becausse bitcoin is still in the early phase of adoption, let it spread widely among the users, hopefully over time it will more resistant to manipulation, I'll bet in 10-15 years later. |
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This is bullish it's true, but unfortunately the Weekly candle also closed below the triangle breakdown resistance of $9,420, which is bearish. It's usual for old support to be tested as resistance after a breakdown, I'm surprised it's taken this long, but there's the retest and so far the resistance has held up.  How is it going dragoncrypto? Bitcoin still fluctuates within $9165 — $9485 today. What's next? Whether it will going to decline or any sign of bullish market? |
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I agree that Bitcoin cannot be kill, Because Bitcoin is already in use by many countries even recognized for investment. Some countries with the highest popularity of Bitcoin such as Japan, USA, UK, South Korea and Denmark are already using Bitcoin as a means of transactions through online and also for investment. So bitcoin can not be in Kill.
There is no correlation between being used in various countries and can not be killed, it's not those countries that use bitcoin for transactions but the citizens, unless Venezuela. Bitcoin as decentralized technology can't easily be terminated, as long as the internet exists, so does bitcoin. |
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If the government fails to manage a country's economic, the fiat currency will be affected by hyperinflation, thus the value continues decreasing.
That's why bitcoin as an alternative means of payment becomes a better option instead of using invaluable fiat currency,
That graph is an example of how people switch over to bitcoin in some countries which in political and economic instability.
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I feel like we are getting very close to the bull market now. Maybe we can see it in a few months or a year. Bitcoin halving will be very effective on a new big increase I think and we will see the price at least as 25k.
We already in a bull market since May this year, some dumps but still bullish IMHO. The bottom was $3000 and the bitcoin price gradually increase since April-May and July reach $13,000. According to the market cycle, the bull market usually last for 2 years after 1-year bear market, we'll see how long this bull market will last, at least until one year after the halving. |
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Great documents in here. Very interesting findings about Satoshi. Q: Why are you searching for Satoshi Nakamoto?
A: Contrary to mainstream information available, Satoshis exit from Bitcoin was not planned or scheduled. Anyone who has read the detailed posts, actions and timelines would conclude that it was unexpected and abrupt. The only way to know Satoshi was 'safe' and 'ok' was to find him. Anyone involved in the world of activism would understand this If so do you think the government is watching him then in order for him to get away he just self destruct his computer and walk away like he is no part of anything? Its really a mystery why all of a sudden that without saying anything that he is leaving and then vanish. British Asian could really mean he is a Japanese/Chinese and studied in England. There is a reason why he uses a pseudonym "satoshi nakamoto", does it sound like Chinese? Japan has regulated and allows bitcoin used as currency in their country, meanwhile in China, the government has banned bitcoin, do you see the correlation here? If someone has ever found the real satoshi, an encounter with him. Just imagine, that's you find and meet him personally, do you really want to reveal who is satoshi or at least let the world know that he's still alive? don't you think the rest of the world will after you to find him? Or maybe just let it be a secret. |
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When the FOMO and hype starts to kick in, it wouldn't be that difficult. We've got a bunch of events that's about to happen next year and that's likely to trigger every single investor to hop into bitcoin and start buying again.
Halving is one thing that everyone expected to support the rise of bitcoin and what exactly a bunch of events you refer to that would trigger investors into the crypto sphere? Yes, tether is a controversy coin used for most of the world’s active traders into the crypto market instead of actual dollars in a bank account which complicated and risky. Tether being used in many transactions on the world’s top exchanges, which claimed the reason why bitcoin reach a fantastic price. |
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But what if it's a totally new service, what would pull you over the line of trusting them/joining their site?
Most of the services here start from 0 reputations and even unknown person, it will be different if a company or big community offer their services. How do they get the trust from customers or clients to work with? - prove themselves trustworthy, there are several ways, but the easiest one is escrow, put their money in front. - as time goes on, customer reviews will build their reputation, it's not in one night though. |
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Once upon a time when you could earn BTC5 from faucets, worth the time considering current price, but it becomes less and less everyday which makes it a waste of time (for now). But imagine if you earn 1000 satoshi from faucets, keep playing everyday slowly accumulating bitcoin and then someday when bitcoin reaches $1 million, it will be worth it  In 2010, Gavin Andresen came up with a novel idea called ‘The Bitcoin Faucet.’ All a visitor to the website had to do was complete a captcha and get 5 BTC. |
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What if all those big corporates and businesses starts using crypto as a mode of payment just to avoid tax which will cause a direct loss to the government which uses tax for the betterment of the country. This might not affect corrupt countries as it doesn't matter because tax money goes to politician's coffers but what about developed nations?
This seems to be the opposite of a country's economic development as taxes used for the betterment of the country. If corporates and businesses using crypto to avoid tax, state income will decrease. It may happening right now, that's why every cryptocurrency convert to fiat currency must through KYC policy. However, it's risky for businesses due to bitcoin price fluctuations. |
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Statistically, 96% of traders lose money or give up. How many of those never took it seriously enough to truly learn?
The only way to beat those kinds of odds are to give yourself every advantage possible.
That includes taking the time to study and learn.
where did this number 96% come from? This statement of 96% or 95% of people fail in trading is one of the biggest myths spread around the traders. Furthermore, the cryptocurrency trading market must be different from forex trading or stocks. I trade bitcoin and some altcoins, but never lose money, although there are some who lose money but most of my friends in profit as well. You know, to make a profit in trading, you don't need to be a good trader, just follow some good traders to obtain what they capable of. " The answer by John Roberson states that about 20% of the traders he has observed made profits. This answer differs from others. The reason given is that were in a good competitive trading environment. And I tend to agree with this reason. These traders trade with the belief that they will be profitable." Source |
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Obviously, the bottom was $3000, bitcoin price increase more than 200% to date.
The bear market lasts one year after bitcoin reaches the peak and has entered the bull market which could last 2 years according to the market cycles.
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