The last couple weeks we have seen a relative stable price with slow upticks. Many prefer to see this rather than huge instant rises. I like the fact we have been holding in in the 2700 to 2800 range last several days. We know from past summer is a quiet period. If we stay at this range through summer I would be quite happy. Get through August unscathed then gain some momentum heading into the latter half of the year!
Steady price is good for bitcoin progress.But bitcoin being a decentralized currency,its hard to expect that it would remain stable in a price since volatility is its nature.Even it remains stable,it would remain only temporarily for a very short period.It is due to its volatile nature traders gain profits due to difference in price. Bitcoin isn't really stable, even if the price is not moving it isn't mean it is stable, we can never guess which movement bitcoin will take, even if you assume that the price would just stay there, the bitcoin price is really resisting right now but the price we had is an A OK price because back then bitcoin value is only in the 3 digit number mark and right now that we are in the $2000 mark value earning with bitcoin is great for me. Yeah this is true we can never say that the bitcoin is stable because it is not the feature of the bitcoin. The price if don’t drop down it will be increasing, but currently I guess the span of the bitcoin price growing high has started and it can be noticed form the recent drop that how soon it recovered its price in the market and is still growing. So, this is quite optimistic for us.
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I wish bitcoin related service providers to make a consortium where disputes to be handled on higher priority. We do see every where lazy customer care responses related complaints with almost 90% of bitcoin based services.
Service providers will not make any such system themselves but we the community may form a consensus by which we may make them to abide some set of customer care related protocols. If we start using ONLY such service providers who are part of that consensus then it may get big success.
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Both are important but at the end of the day if you are in bitcoin profit you can always wait for the price to rise even if you are not in USD profit.
USD profits may happen automatically when you have finished off your trading in satoshi profits. It means USD prices may not within our control but making more satoshi than the initial capital must be the only task we need to focus while trading.
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Hi, I can translate or transcribe any website/thread/handwritten document etc... From english to french From french to english From english to arabic From arabic to english From french to arabic From arabic to french
If you are interested feel free to pm me or contact me via Skype:Aveatrex so we can discuss rates. I need 1 voucher
Hey you have learned plenty of languages ? Or you are having a team of people to do different language translations ? There are people who are capable of translating Arabic, Urdu and Hindi as these languages are closely connected. But English, Arabic and french are different extremes. I have an Arabic friend living in France and he is also speaking these languages but not capable of providing translation services.
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The easiest game to win is the sport that you know the best, so if you have the favorite sport that probably can increase your chance of winning in sport bet, because you will know the strong point and the weak point of the team or player you bet
But I have experience of betting on few sports where I do not have any knowledge at all. Yes, it became possible for me by hiring a tips provider. I believe all the sports are having equal opportunities to bet with them. Our prediction skills decide the results.
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I beleive there are some billionaires who made their fortune on Bitcoin, most of them are early adopters. But there are very few billionaires, if any, who made their fortune in fiat and are willing to invest in cryptocurrencies. Wonder why is that so, they don't beleive in Bitcoins and cryptocurrencies, find it too risky or not worth investing at all?
Bitcoin/cryptocurrencies are not too big to find a place into their portfolio. A typical USA stock's market would be around one trillion. When bitcoin will be having at least 500 billions US dollars market cap, we can expect billionaires to consider investing into bitcoins.
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Does anybody knows how I can do daily trading of Btc and still make daily income? Please I need a good response.
Yes, it is a good question how to do trading to earn bitcoins. There are many ways to earn bitcoins. If by trading then work for people. Like Freelancing is the best example of trading to solve their given task and get bitcoins from them. And so many things according to computer world which can be solve though internet.
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Just for one exchange the amount of coins sold at the same time(a dump)can be over 5,000 BTC within minutes to 30 minutes. On a daily basis 300 BTC is traded across all exchanges combined probably every few minutes. At just one exchange selling 300 at a time might cause a few dollar price drop for an hour.
No it will be never drop because bitcoin is giving best opportunities to people if you are withdraw 300 bitcoins daily or more it will not effect on price of bitcoin or dollar. So like that if people withdraw then there is no effect. After withdraw once again they will invest because the same process is going. which is called money circulation.
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TTT is a trading asset plan base on taking advantage of hole existing in bitcoin and altcoins trading. This hole exists on over 20 largest crypto currencies that are being trade in most major exchangers trading platform.
What is hole here ? Does it mean gaps ? I remember bittotal is another altcoin, launched their signature campaign recently. Do they bring any concept which will be easing make use of price gaps ? Conceptual ideas are more than enough for an ICO rather than taking efforts for implementing them.
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I never opted to work with any such group even I do get many invitations from strangers. Whether it is from known or unknown people, I honestly hating manipulating market prices for our benefits, it may bring disasters to numerous innocent traders.
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i think for physical bitcoin is a good idea but this is just like a fiat which have physical form. if its like this, bitcoin is the same as fiat and fiat will not be used again in future. because in the future, i am sure that every country, every places will have internet connection which help us to use bitcoin so people will not difficulties to connect with internet. i think people don't have to know details about bitcoin, they only need to use bitcoin as the payment.
If start using physical bitcoin then I think what will be the difference between traditional currency and bitcoin. The beauty of the bitcoin is digital figure and its use through online purchasing and payments against services etc. So, I think we should have to provide internet for to make it common and I think there may not be a single country who do not have the facilities of using internet, even internet is almost present everywhere.
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~ But we can never deny that in every legalization and acceptance the use and coverage of bitcoin in India will be under the regulation of the state.
fiat is regulated and it is accepted everywhere without any problems! regulation of bitcoin will only mean easier usage. more merchants will be willing to accept bitcoin payment, more regular users will be willing to buy and spend bitcoin. more investors will be willing to invest in it. Yes that’s right increasing prices made a simple bitcoin now into very precious and its also going more and more higher it will lead us to the very rich point where we will be able to earn enough for our future and will be able to invest through constant and proper investment plans. India is already trading with premium rates for bitcoins, regulating might guide rest of world to follow into new level of premium prices.
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You do realise that most fiat currencies aren't actually backed by much more than people's trust in the government or the banks, right? Even the most used currency in the world used to be backed by actual, physical gold, but not any more.
If you want a recent example of what happened when those governments failed to keep their promises in backing money, read up on Greece.
You are right in the sense that if I claimed my money the governments have no backups to repay the gold against currency. But on other hands the trust on the traditional currency have the proof through wide acceptance. Bitcoin has its main obstacle which have to be overcome soon.
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any announcements in the next days that might bring bitcoin price up/down significantly?
For example, it is pointless to trade whenever there's a considerable financial uncertainty. It's used by the majority of traders to have a clearer comprehension of an investment based on its price history rather than expecting some news for daily basis.
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The price of bitcoins is determined by supply and demand. When demand for bitcoins increases, so does price, and when demand falls, prices fall. In circulation there is a limited number of bitcoins, and new bitkoy are created with a predictable and constantly decreasing rate, which means that demand must follow this inflation rate so that the price is stable. Since Bitcoin is still a relatively small market, compared to what it can become, it does not take large sums of money to move the price in the market up or down, and therefore the price of bitcoins is still very volatile.
Without currency, it's difficult to compare companies which sell various goods. Based on the form of money, there are a number of distinct techniques, value is assigned and handled. It's a way to put bitcoins into some scale to determine how much buying capacity it is having at one point of time .
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Thank you for agreeing at least as a correction rather than naming as crash. It is not too big nor old, a new down side wave, hopefully may end some where between $2200 to $2300 as these are big support levels and good levels for re-buying hence we can expect another wave renouncing from tonight onward too !
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I'm definitely waiting until market correction - not trying to buy into a falling knife.
Your waiting may last infinitely as you will never able to figure out when will be the corrections ending. I like to suggest you to ignore altcoins completely and do focus on only bitcoins. Buy now some bitcoins for 10% of your capital and wait for one week time and buy again for another 10%. You will be into safer hand if you are ready to buy in average prices.
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Exchanges are asking some fees from us only when they are matching buyer and seller. If you create an order and you cancel it then it is not meeting the criteria of charging fee as per the basics of an exchange. So, there is no practice of charging fees until orders get fulfilled.
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I apologize if this question is in any way naive.. I'm not really any kind of economics expert. I was just wondering what might happen to the world economy since there are so many new people getting rich off these cryptocurrencies... Just based off speculation or holding the right coins a lot of people have gained in wealth in the past years. And it doesn't seem to be slowing down.
So, you have a lot of 'new money' propagating even 'newer money'... and so on and so on, until a lot of people are pretty rich. Does this mean that there is a huge depression ahead of us? Surely just making more and more money can't go on forever, can it?
I'm sure I'm not seeing the big picture here so please, could someone explain it to me?
Not sure what you meant by 'people getting rich off crypto' - no they aren't in the first place because of crypto; they are becoming rich, if so, for their efforts and strategies. The only difference a crypto currency can contribute is a decentralized mode of payments. If we say that the people the initial investors of the bitcoin were rich and the other users who at first provided services for the bitcoin are now becoming rich with it. It can be defended as the people earned bitcoin and invested them into alts gaining more of it and even holding Bitcoin and selling it for a higher price.
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Although a ban appears unlikely, I guess we cannot expect any immediate stand from Indian government as they are having very complex system to approve such a new economy related technology which may influence their taxation system too.
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