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whenever bitcoin starts an upward movement and make some noise, most of the media starts posting positive articles about it. and right now that we have been sitting around $1000 price for a while it has been time for these types of news to come out.
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the word "use" here is a bit tricky!
we are not "using" bitcoin much now! we are investing in bitcoin, and it is because bitcoin price is so volatile that we are not "using" it.
bitcoin is a currency or as the paper puts it a digital cash, so in case price was stable that would be the day we start "using" bitcoin for good.
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The government has no control in bitcoin as well as the altcoins that's why there is no tax going on between them.
they don't need control in order to put taxes on your trades. they don't have control on all the currencies in the Forex market and they have no control over the stocks in the stocks market but they are taking taxes on your trades and the profit you are making from trading these things. the same thing can easily be true about bitcoin or altcoin versus fiat trading. but bitcoin versus altcoin trading can be a bit tricky but it can still be taxed in some ways. i always say when it comes to taxes and the legality of what you are doing it is best not to make assumptions and consult a professional. |
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Holding is the best advice but the problem is if you hold you can't raise your BTC's. You should find a good security through this forum. There are a lot of opportunities. While you hold your Bitcoin that security can get you %10-20 per year. Make your own risk analysis and pick a security. There are a lot of options in the market, from %2 to 50 per year based on your risk perception.
what the hell is a security? do you mean the investment plans out there or the altcoins and their ICO investment? because they are both bad. and besides, most people are investing their money in bitcoin and don't do any other thing because they either lack the time to search for a good opportunity or they lack the expertise to differentiate a scam and a legit investment (if there is any out there!) in any case 50% is a huge profit which most probably is scam and 2% is too small a profit to even think about it. |
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Down right just below $1k again, I hope this level is the new base, as it only gets more exciting from here!  blow $1000 yes but down to $990-$996 and just FYI it is a -1% drop and in bitcoin standards of price movement, that kind of change whether it is rise or drop doesn't even count! |
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All of the interest in gambling is the fun and entertainment involve in gambling that is why people do not leave to gamble even in the time when they continue to lose their money. They mostly put smaller amount of money in gambling in order to continue their gambling for getting the fun.
i guess there is a lot of people keep increasing their bets lost after lost rather than drop the bet amount. why? it is because how gambling always drive them into bigger problem it is addictive. they know they will lost in the end , but nothing to do when you play against an addiction. i believe that you are referring to a strategy called martingale and that is not based on random increasing the bet size, it actually is a strategy in gambling. it is not the best strategy but it gets the job done. whenever you lose a bet you increase the bet size to an amount that can cover the loss of this bet and if you win gives you something leftover to work with. |
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there is always an end to every spam attack on the network. our luck is that when they start spam attack it will cost them and this cost is also increasing with the amount of fees which means the more they do it they also have to increase the fees they pay too.
so it certainly can not go on forever.
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i say investing in bitcoin and getting involved with it, is all benefit.
we all know that bitcoin is a great thing with even greater future. and the adoption is growing day by day which only means higher prices in the long run. on top of that we know that the supply of bitcoin is very limited so the price can easily go up because how scarce bitcoin is.
with all that said, when you use bitcoin you get lots of other benefits. things such as not needing any banks for using it, or one of my favorites which is the privacy that bitcoin offers. for example when i am using bitcoin to gamble the gambling site doesn't have to know my identity, name,... or credit card number when i use bitcoin.
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I am keen to know how to find which coin is going to get pumped next and when.
Is it possible to know for sure?has anyone here predicted accurately about next pump?
it is never possible to predict a pump. but you should know one thing: there is a difference between a pump and a rally. a pump is a fake rising of price by the manipulators and mostly the pumping groups who fooled some people into buying that particular coin so there is not many signs before it happens. but a rally is a real price rise based on real things. for example a good news, some new development in that project, some new adoption, some regulation, and many other different things. and the signs are always out there for you to see and predict. you only have to know where to look for them. |
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Trading is also considered as gambling, and gambling really need your luck and skills. Thats why, you need them both. Even if you are really skillful, if you are unlucky, you are nothing. If you are really lucky, and you do not have skills, its like a ship without heading, just being happy sailing in the water. You really need them both.
you are not really making any sense to be honest. there are about 29 pages here mostly saying luck has nothing to do with trading or at least it is a very tiny part of it. and if you know how to trade then you can see that too. it is all in the speculation, you find the signs whether they are news or they are activities on the market which are visible on the charts, you find them and then make a prediction about the price and then take some action. and this has nothing to do with luck. |
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already two topics in this board about a way too simple article on yahoo! about 25K price! the 10K price prediction didn't get this much attention back in 2013  |
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-snip-
That is a good decision to wait for the price of bitcoin to drop and buy as much as possible. because nowadays the price of bitcoin is continuously fluctuating from $900 and $1000 so there is $100 profit per week per bitcoin which is much higher for a trader.
as the picture that i snipped for brevity suggests, waiting for the bitcoin price to drop is not such a wise move. you can die waiting for the price to drop. and in my opinion the mentality of those who are waiting for a drop to get in prevents them from even making any profit. because most of them that i have seen so far are waiting for a major drop and when a drop which is rather big happens like yesterday, they panic and think bitcoin is dead so they stay away completely. then price rises again like today and since they missed the chance to buy bitcoin cheap and now it is "expensive" again, they continue waiting! |
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Just a reminder.
From my European bank account, I can make a SEPA transfer to any other European bank account for free. No fee. Nothing to pay. It normally takes one and a half business day so BTC is faster, way faster, but that's not always the case because of the congestion. That used to be exceptional but it's getting the norm. The only way out is a higher fee, which makes BTC less appealing.
Sure, BTC remains the best option for extra-European transfers, and BTC still has the advantage of privacy by being difficult to link to one individual, but all miners and developers shall never forget there's competition out there. Banks, Paypal, Skrill... If BTC wants to be the best, it really needs to be the best.
this is what is going to happen if the fee war continues on. transactions become more and more expensive and this will start making the currency side of bitcoin fade away and eventually disappear, making bitcoin just a luxury investment and nothing more. because people are not going to give up fiat to use something they don't understand to also pay more fees. |
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when it comes to handling your money and also trading by extension you should have a mind of your own and you plan for your own money on your own. no offense but joining a pump group means becoming a sheep following other sheeps led by a wolf who is kicking all of them over the cliff to make more money  |
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it is funny that nobody talks about it, Philippines, Canada and other countries have set so many regulations for bitcoin and its usage Coinbase which is located in US is working with the IRS and reporting every single user's transaction to them. and nobody talks about it.
but when China wants to prevent money laundry through exchanges, everybody panics!
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Strange situation, going up but everything smells like a good old dump. I thinking to exit at this point and to wait. Price is recovered but on glass legs. In long term i'm expecting rise of course, in short 900$ looks like good position for buy orders.
We had about 10 days where price was above 1000$. Now being seen price at 900$, i think its the best time to but as much as you can because the price will surely rise over 1000$ and your investment always save in bitcoins. Bitcoin is the only investment which everyone can grantee that it is 100% safe. well i don't know if it is ignorance of not checking the price or you are actually looking in a wrong place! but we have been seeing $1000 for a while now (to be exact 1 day of $998 to $1007) and price never fell to $900 as you put it, it went to $930 for a second and came back up to around $950-960 and also your last statement is what i disagree with. it is not 100% safe to invest in bitcoin. i am sure bitcoin will rise but it is never 100% certainty. |
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how can bitcoin price drop down, and not only drop down small but drastically to 500 range only because of something that never existed and gets denied for existence!!! that makes no sense. |
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10k today and maybe 20k by end of the week. Just look since I wrote it is raises over 30%. Try it out  If it works be happy... and give me good Trust i actually went ahead and bought some small amounts just for fun. and mostly because of how the orderbook looked like, the walls were funny.  it certainly is a gamble entering at this point but lets see what happens |
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If you do not want to provide your photo ID for buying bitcoins then go to those exchanges where they do not need your verification compulsory for have a full account on that exchanges. Then deposit your money to that exchanges and but bitcoins of how much you need to buy. For example go and create an account on yobit or any other exchange like that.
You can sell Bitcoin for USD on yobit but after that how can you withdraw USD without revealing your identity? I have never tried to do it myself, so maybe there is a way, but I thought you have to provide at least your CC number for that. It is not a probem to deposit and withdraw USD to and from yobit because you can deposit to yobit from any okpay or perfect money account from any person whom you know so it will not show your identity and in the same way you can use any persons payment processor to withdraw USD from yobit. i know for a fact that you don't necessarily need to verify your identity with perfect money but also that means these methods of deposit and withdrawal of fiat have lots of fees involved. which means choosing these methods makes your trades so much less profitable. and besides i do not trust yobit at all! |
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I decided to post once a week the next Mooning Coin.
Good luck Guys.
After Vidz now SHIFT will go to moon.
Believe or not
very good, if you post all in one topic i can follow them all here. also i have to say, just saying a random altcoin name without any other information is not good enough. you should do it like this: Coin: Shift current price: 0.00004508 BTCyour prediction price: ? ? ? when do you think it can happen: 1 week, 1 month,... if you do it like this, it can be used as a reference. right now you are a random guy on the internet saying an altcoin name. but if there was a reference of a good prediction history then your word means something. also about this particular coin i have to say it seems like you are late to the party, price has already gone up 2x from yesterday's price of 0.00002500 BTC |
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