Yes, cloud mining now becomes useless because you are difficult to reach the first ROI, especially if bitcoin difficulty increase. But I already reach my first ROI with Genesis Mining and Hashnest in the past  When you were mining bitcoin at home, you need to think about the electricity fee, and if you don't have big power to mining plus low-cost electricity fee, you will not get a profit too. I feel it's better to buy bitcoin than mining in this situations, but if you can get a free electricity fee then it is worth to try but make sure you have at least 25 Th/s to start so you can get a nice reward daily. |
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It seems that this hack will only benefit the exchange. Only 2% of the total capital of the exchange was stolen, and the subsequent actions of the founder show that such hacks are not dangerous for him.
I guess that it will not give a big effect to binance since you say it is only 2% of the total capital. Yes, but that's not the point. The very fact that Binance has been hacked, it's the only thing that does matter. People can lose credibility and begin withdraw funds which they do not trade but store there. I don't think so because people still trust binance and I am sure that many traders still trading in binance. They don't make any massive withdraw from binance because they see what binance did for the member who is losing their balance because of the hacked. If the exchange can take responsibilities, then people would still believe in them because the exchange is not run away from the problem, but they are trying to fix the problem for their members. It seems that this hack will only benefit the exchange. Only 2% of the total capital of the exchange was stolen, and the subsequent actions of the founder show that such hacks are not dangerous for him.
I guess that it will not give a big effect to binance since you say it is only 2% of the total capital. Yes, but that's not the point. The very fact that Binance has been hacked, it's the only thing that does matter. People can lose credibility and begin withdraw funds which they do not trade but store there. if we want to store our asset, dont save it on exchanges wallet.using hardware wallet could be good solution for us to make our assets safe.actually binance security very good, but maybe hackers see bug in its exchanges, and they could attack it and stole much bitcoin. That is the point. Traders were only trading the coins. But if they are saving their coins at the exchange, then that is their mistake if somehow they are losing their coins. It's better to save the coins in the hardware than in the exchanges. It seems that this hack will only benefit the exchange. Only 2% of the total capital of the exchange was stolen, and the subsequent actions of the founder show that such hacks are not dangerous for him.
I guess that it will not give a big effect to binance since you say it is only 2% of the total capital. But that hacking news was made many people worried because I am sure they have bigger balance in binance, but fortunately, binance give a clarification that they will replace the balance if the bad things come to their members. I am sure binance will do their best to protect their site so this will not happen in the future. And this is great, let people first of all think about where their money is kept and what risks they are exposed to if it is a centralized exchange. We learn from the other people's mistake so we can prevent the loss of the coins from the exchange. But if we still save the coins in the exchange, then we make our own mistake |
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This day is the day for correction but I am sure we can recover again above $8,000 and even we will see bitcoin price increase more than $10,000.
Don't be too afraid or panic to see this day because we know that the correction will always happen after the price start a rally, and if the situations are back like yesterday, then we will see another higher price soon.
We need to wait for a while until the next week, and I am sure that many of us still waiting to see the price can break the next barrier.
yes, yesterday we saw that the price of bitcoin still has the potential to reach a price of $ 8000, and in fact, yesterday's bitcoin price almost reached $ 8500. even though it was fast, I felt that it made a lot of changes to the confidence of crypto users. So we need to be patient at this moment because I am sure that it is not going to be like this forever. There will be the next days for bitcoin to back to the higher price and reach more than $8000 and even more. I am sure that the crypto user still believes in bitcoin and they still hold their bitcoin for one reason, they want to sell at the high price. |
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I am trying to send $100 from my wallet into the other bitcoin wallet address, and I see in my mycelium, I need to pay the fee for about $2-$4. If I use Normal transaction which needs 30 minutes, I should pay $1.91 for the lowest fee, and if I use Priority, the fee is about $2.51. So I tried with the Normal transaction with paying the fee $2,14, and I only need to wait for less than 30 minutes to arrive in the other wallet. I don't mind to pay that fee because I will sell the bitcoin if the price can increase more than $7,500 and if the price is going down than that price, I will keep it for a while until the price can increase. That is one of my strategy to cover the fee which is increases But that's not the core purpose of Bitcoin right? If I have a hosting business and I charge $4.99 per month as shared hosting fees and add Bitcoin as a payment option, will anyone use it when fees is $2-4? I don't think fees is ever the issue for traders. The real problem is always for merchants and retailers. Whenever Bitcoin prices increase, demand increases so does the volume and transactions. It further leads to rise in fees. With rising fees, Bitcoin utility as payment mode decreases. Hence with decrease in demand, price falls. This vicious cycle is continuing from last few years. Without solution to this, I don't think we could see anything above $20-25K ever. Yes, it is not the core purpose of bitcoin, but I don't have a problem if I should pay for that, at least I can help the network with my fee I think it depends on that person because we know what we want and if we're going to use bitcoin for making any payment, then there will be consequences that we should accept. You have another option to pay your hosting business, and I am sure you can do with easy with Paypal But lets we see what will happen later if bitcoin price is starting to rally to the new highest price and then we can try to send some amount of bitcoin to another wallet so we can see how much fee we should pay. |
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It's already happened before, and now, we are facing the correction because the price getting dump too deep in the last few hours ago.
But we don't have to panic because the price is starting to back to the high price and we still have much time to see the rise of the price.
Who knows, that after this correction, the price can easily to break the barrier of $10k and it could give a chance for the price to slightly increase to $15k in the next week.
We don't know and still predicted when bitcoin could increase higher, and we should be prepared for the worst thing that might happen (I guess we already see it happened now).
$15k is not a slight increase, before reaching the particular price it is supposed to cross several price barriers. In particular $10k will take a little more time than that of the breaking of $8000. The market to the peak have reached $8250 for this season and expect a good level of growth and touch $10000 by the end of the ongoing month. $15k is reachable and it needs a bigger support. Of course, it is not. We need to wait for a while so the price can break every barrier of the price. $10k will be the next target after we reach $8k back in the next days and I guess that it will need time before it's happening as you said. I am sure that we will go to that price and bitcoin will make the highest price again soon and we will reach $8k next days. |
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That is the courage to stay calm at this moment after you saw the bitcoin price is down deeper while not all people can do what you did.
Yes, we need to hold tight our bitcoin, and if there is a chance for us to buy, then we should buy it at a low price.
But if there are people who want to invest in bitcoin, they need to know that what they need to do is only buy at a low price and then hold it for a while like what we did now.
I am sure they will make a big smile when they see bitcoin price can increase higher later and that is the time for them to take the profit.
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bringing a pension fund to invest in the crypto world is a good step so that '' someone is very happy in the future '', but for beginners you have to do it gradually in order to predict the benefits that you can achieve, this should not be ignored and underestimated so that you do not fall into the category of "someone very angry in the future". because the crypto currency values can change fluaktif
But I will not say that is a good step, because how you will live if you use all of the pension funds in crypto? Although it's promising, we still need to think the next day, how we are going to buy or fills our daily needs if we don't have money? That is for every people who have large money and for people who want to invest in cryptocurrency. Never put all of your money in one investment only, and that is a very good suggestion. I don't think retirees will do that, they don't understand technology, their era is not the era of technology. so they won't understand about crypto especially investing in bitcoin. You're right to use all pension funds, of course that things are risky especially if they don't have any more income? they have no backup funds That is right, and I guess they still prefer to save their money in the bank because the bank still does their jobs to take care of the funds. But if they are aware of the new technology, I think they will use some of their funds and invest in bitcoin. But I don't think that is a good idea if they choose to invest all of their money in bitcoin because they need that money for their life. I think if I knew that person, I would advise him/her to use some of his money to invest in bitcoin and leave the rest in his bank account for another thing he might need in the future. |
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I think he will too sad to see the reality that he pays too much bitcoin for just buying pizza in a long time ago I am sure that he wants to turn back the time so he can cancel his order and only save his bitcoin for a long time so he can sell his bitcoin in 2017. But I think he will learn something from his story and he knows that bitcoin was precious and he will save more bitcoin after this (or he already did). He needs to calm down his emotion when he tells the story, and I am sure he can control his feeling. |
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Yes, bitcoin/cryptocurrency is user-friendly.
People don't have to feel that it is too complicated to learn.
All they need to do is how to make a transaction inside the wallet, learn how to buy and sell bitcoin or other coins.
They don't have to learn deeper in the bitcoin section or altcoin because that will need more information to learn those things.
It is enough if they only want to learn about how to use bitcoin/cryptocurrency, and they will know that it is easy to use it in their daily life.
The important is they need to have a passion for learning because that will lead them to learn more about bitcoin/cryptocurrency.
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Then there will be a selection for the good exchanges, and they will survive in the unpredicted situation that will happen in the cryptocurrency.
DEX could be a good exchange besides the current exchange, and I think people will choose what it fits them and they will stay for a long time in that exchange.
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My feeling was so happy because I can try to sell some of my coins at a good price. I am sure that will happen again soon. That will be my chance to buy another amount of the coins at the low price, and then I can hold for a while until the price can increase later. Nah, I don't imagine to have a Ferrari or Lamborghini because I don't need it But my emotions will be happy because I can make a lot of money from crypto. I will only sell my coins at a high price, and I am willing to wait for the time to see the price increase. Maybe if I have enough money, I will travel the world, have a new home, have saving money for the rest of my life |
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The price of mainstream currency starts to rise crazily.The TNB I mentioned yesterday also went up When BTC up, most of the altcoin will up in $, but most likely drop in BTC/ETH if you are buying with it Btw it is a new high for this year, not ATH tho The ATH is not coming, but it will come soon, be patient. Right now, we see the market did correction for every price of the coins especially bitcoin, and we can hope that after this, the price will be back to increase and we will come back to make a profit like before. But we need to keep steady just in case if the correction has run for the lower price because no one will know how deep the price will go. So if we can prepare for the worst thing, then I think we can decide what we need to do later. |
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Most of them are purely guess and doesn't have a solid proof to back up their price prediction and anyone could do what they are doing.
Quite right that some people do guess work on price without any backing or prove for it but prediction is highly relied on technical analysis. It is looked upon and estimated or predicted that price might get to such area or diverted by news. Then that will be a mistake if they still guessing where the price moves because they will never find the right situations on the market. I prefer to use my own strategy or methods to find the right place to buy and sell, and I am sure that I can do that although I can not get precisely, I can expect to get a low price of the coin. We can use the prediction from other people for our analysis so we can find the right time to buy or sell and we don't have to follow them to get the right time. If we can get the right time with our own analysis, then I think we can improve our skills to better. |
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No, I don't want to buy a coffee with bitcoin right now because I cannot find any local store which accepts bitcoin for the payment.
Until I can find that cafe, I still prefer to use fiat to buy a coffee because bitcoin is not yet accepted in my country.
I think the fee to buy a coffee will not too high because we only use $1-$2 to buy the coffee and if we could buy with bitcoin, then I would gladly to give it a try.
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I am sure that there is a woman who will marry because of love and not because of securities.
But what we see in out there, many of woman didn't really love a man because of love, but they love that man because of his money.
But I am sure that true love is real and many people already prove it that they found their true love.
So if you are not yet found your true love, I am sure that you will get it in the future, you will find the right woman who will stay with you for the rest of her life.
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The bull market has just returned for a long time of dominance of the lower market, so I think that the price of $8000 was an intermediate mark before further growth. Now the market has adjusted a little, but very soon the growth will continue.
That will be happening later, and we need to be patient. All the things we saw this day will replace with the green candle tomorrow and the next days, and there will be a new highest price for bitcoin. We will reach $8k again, and this correction is trying to prepare for the next big things that might happen in the next week. We could stay calm to see the market is going down for a little and make preparation. |
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It seems that this hack will only benefit the exchange. Only 2% of the total capital of the exchange was stolen, and the subsequent actions of the founder show that such hacks are not dangerous for him.
I guess that it will not give a big effect to binance since you say it is only 2% of the total capital. But that hacking news was made many people worried because I am sure they have bigger balance in binance, but fortunately, binance give a clarification that they will replace the balance if the bad things come to their members. I am sure binance will do their best to protect their site so this will not happen in the future. |
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Be patient for a while and let see what will happen in the next week.
I think we already see this is happening before and even we see this many times in the last year but bitcoin still strong until now.
The red candle will replace with the green candle, and that means, we will make another profit again after we see the down of the price.
Make sure you can buy more bitcoin so you can be ready to sell bitcoin at a high price later.
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hi guys
can u explain to me why XEM fall from 1500 sat
to 700 - 800 sat is this because of panic sell
or devs are selling tokens and dumping the price
do u expect XEM fall more to 500 - 600 sat ?
Nothing is wrong with XEM the sell pressure is not from the team but holders, it is an opportunity to buy cheap XEM. For someone, it is a new opportunity but for others, it is a shame to see lying prices on the exchange. Cheap prices are engaging for the investors that want to go buy the coin. I will be on that side to take the opportunity to get a low XEM price because I don't think that it will happen in the future I am sure that people will buy more XEM at the low price and meanwhile, they have the other amount of XEM that is waiting for the high price. XEM is getting down just following bitcoin price and so do with the other coins but if bitcoin price starts to increase, then the altcoin will following too. |
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I don't think that the whales are a moron because they will have their strategy in the market which we don't know.
They will not tell what they want to do to us because that is their secret and they want to get the benefits of the downtrends.
We cannot say that they made a mistake by selling their bitcoin right now because I am sure that they are doing what it takes related to the market situations.
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