you can't imagine the world without paper money, it is impossible to ban paper money for ever. do you know how many people are using plastic money and card?
I think this number is very small in comparison to the whole population. and virtual currency also being used by the small number of people. most of the people are feeling comfortable to keep or use paper money still now. regarding paper money, only security is the problem in order to carry out, but for me, still, there is nothing to be a replacement for paper money. so it will last for ever.
I can consider a card being plastic since it is really plastic, but when it comes to money, I wonder what country uses plastic money. People are using paper money because it is the currency the are used to use, maybe if they knew bitcoin and other digital currencies, they will be interested to use them not because they are pretty efficient but also pretty volatile that can give them good profit in a short time. People would really prefer always on using paper money because they are being used already since they do gain will on their entire life. Replacing it easily would be hard and might really takes time even how the technology evolves i do strongly believe that we would still stick into this traditional way and im sure government wont really let this thing to happen easily.Future of paper money would really be still the same. |
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Would you accept bitcoin as your salary in your profession, especially if you work in other country?
For me yes I will accept bitcoin because we can exchange it in our local currency.
Yes I am willing to accept bitcoin as my salary though I know that bitcoin price is very volatile so there will be times that the value will go down so what I will do is right after I receive that bitcoin payment I will convert half of it and leave half of it to my bitcoin wallet and let the price grow. That for me is a win win situation. If you can receive your salary from signature campaign every week, the change price of Bitcoin does not make your loss many much, because recently the price of Bitcoin very stable around range price $4,xxx. You wont really have any loss since you didnt pull out any money from your pocket on earning bitcoin but just purely for your hard work and effort.You wont really got affected too much on volatility since salary would really depend on the rate but its much better on having higher rate because it would make our salaries high too but on my side i wont really like to recieve my salary on my day stable job. |
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I'm new in trader ! Any lesson or tips can you guys show me ! Bitcoin is increasing ! People told me to trade is the only way to make fast bitcoin ! Please help
Depending on what kind of trader you are either for long term or short term because there are different types of trader.Just a friendly tip, dont rush up on thinking on making money on trading because its not easy as it being said by others.Its true that i can give you money but learning it would really be the tough job on here.You wont able to learn it on a single day,it would takes time and regarding on how to learn it.All informations are already on the internet and this is also the place on which you can see other experiences and thoughts about trading. |
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There are too many ICOs these days. How many of them are getting to exchanges and how soon?
wondering how exchanges are catching up with real cryptos (excluding SCAMs)
Depending on Devs or owners of the coin if they would pursue to add up their coins on an exchange. Most ICO do end up on having listed on exchanges but only on smaller ones and its rare to see that a project being listed directly on big exchangers like Polo and Bittrex. Exchanges dont have anything to do on those Scam coins and even its listed on exchanges it doesnt mean that it wont scam you. |
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I know some coworkers that sold BTC today, they are real casuals, they got into BTC because they heard it went up a lot, they don't know even to set a local wallet so they store their coins on Coinbase or wherever the fuck they buy at.
Well, they sold today at at the dip near the $4000 double bottom.
The irony is, these casuals are the ones that are always complaining about how it's unfair that BTC is distributed in the hands of few whales, YET, they are the ones that constantly panicsell and give their cheap BTC back to these same hands they are complaining about, because guess who is profiting the most on these dumps: whales. They buy lots of cheap BTC.
If you want whales to stop having so much BTC, don't panic sell or you will keep feeding them. Just focus on your own portfolio and keep stacking BTC on the dips. In the long term, we will win.
Not surprising since this thing do really happens on this investment or trading world which there are really people who do really keep on feeding whales and do panic sell.If you do see the chart theres already a double bottom which signifies theres a strong support which does really signifies a strong breakout later on this is why this is the best time to buy more cheaper coins. |
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So are buying/selling prices roughly the same then?
Can you tell me what is the buy price of btc on bittrex right? And tell me what is the btc to usd price on google when you check on bittrex? Im curious how far is the price difference? Because if its the same... then couldnt i just make profit if someone is willing to pay me 2 percent extra? Like if they want 1 btc... i check price on bittrex. Then i tell them okay its this price + 2 percent so this much? However i would like to use the btc to usd rate on google though because thats how i usually do it with ppl i trade with. So would this work? Like once he agrees, then i immediately buy the btc on bittrex. Then he sends me the money online...then i send him that amount of btc etc? Thus its not like im buying and waiting to sell for 2 percent more. Im waiting for someone to tell me i want to buy btc now...do you have? Then i check bittrex and say sure... price is this plus 2 percent. Then they agree and pay me money, then i send btc. So wouldnt i make around 2 percent less the fees? Thus every 1000 dollars of btc i buy and sell to that person, wouldnt i make around 18 dollars or so?
If you head to the marketplace on this forum you will notice lots off advertisements stating they are selling or buying "preev+ x%". Preev is one of the most used price indicators around the forum, but you can use whatever price you choose. It is usual to "lock" the price once you agree on a transation so that you cant delay a transation because you are waiting for the prce change. So someone would send you a message saying " ok, we agree that i sell 0,5 BTC for 2000$. and even if the price changes the next minutes hours your transation is a the agreed price. If you can provide a service here selling and buying BTC , yes you can make a profit. The thing you said was right on which most sellers on here do really prefer or basing on preev.com price plus on the interest they do set in and as being said even the price moves if the deal was on that price point then it doesnt really matter even the price would moved up or down.Its would really be still the same.On this way buying selling might really be profitable for you if you do really know on what you are doing. |
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Eth may be a little affected by the ban raised by the china but eth will still live, it will survive. I don't think this is the worst situation eth has been thru and china is just one country. So long as there are still people investing in this coin and so long as its technolgy continues to impress people and prove its significance then eth will live.
It will surely live but as you said it would be somehow affected considering that Chinas participation on ICO does really give an impact since they do have the money to invest on but well since they are banning ICO then its not really the end of ETH knowing that china is just really single country and there are still lots who arent banning ICO. Theres still lots of ways. It seems to me that China no longer has a significant influence on alternative currencies and on the crypto currency market as a whole. The news of the ban has indeed lowered the price of the crypto currency, but recovery is already underway. I am confident that the situation will soon return to normal Well im not saying that China do really hold up the entire influence on cryptoworld but they would really give an impact into the ecosystem but same as you said im not really worried too much on crashes knowing that prices would really normally healed up or recover after such dip.Looking now at the price of Bitcoin which is going back to reach 4700 again and other alts are on green now. |
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i think it will better if we are save it and just hold our bitcoin rather than spend it because if we want to sell in high price then we need to waiting until the price is increase into the price we want. but if we are in emergency situations that we really need money then we can exchange our bitcoin and then we can use the money for what we need.
If you are really solely targeting on having just a savings for emergency purposes on bitcoin then its still a good choice but if we do have time or chance on making more bitcoins then we should do it.Saving it together with investing is really good combination which you can really extent on your savings and at the same time you are earning more knowing bitcoin do really increase its value as the years pass by. |
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Eth may be a little affected by the ban raised by the china but eth will still live, it will survive. I don't think this is the worst situation eth has been thru and china is just one country. So long as there are still people investing in this coin and so long as its technolgy continues to impress people and prove its significance then eth will live.
It will surely live but as you said it would be somehow affected considering that Chinas participation on ICO does really give an impact since they do have the money to invest on but well since they are banning ICO then its not really the end of ETH knowing that china is just really single country and there are still lots who arent banning ICO. Theres still lots of ways. |
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hi all iam new here and new in bitcoin world
iam an old in my family my father us past way
and hope to get successful
i need to learn and be good to get money
please help me and give me more advice to stand on my foot and help my family and built my future
i hope to find good people to advice me and help me too
God bless All
Sad to hear that pal regarding on your situation but i would like to say that it wont really be easy and it wont really be fast for you to make money on here.Unless if you do have skills which are commonly being seek in this forum or even on freelancing sites.I know what you feel and the hardship if no one do already supports you in your back.As a breadwinner this place might give you some hopes.Links have been posted above by some members regarding on the right place which you can able to know the basics. |
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Thank you for all your answers guys. I know its a noob question and its odd to ask such a question but the truth is that I never read about tokens.
Although I knew what it was and its fuctionality but i never knew where it were stored and accessed.
P.S : No more further answers are required.
Its okay brother since there are things which arent we didnt still know yet even if we are already quiet old in these field. We dont have general knowledge knowing all even on the slightest object on this forum or even on this cryptoworld. Glad that you did get your answer related to this. Good luck and we should still keep on learning new things on here.  |
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I know that people give out loans but what's up with people no returning what they borrowed?? I want to know this because I might give out loans myself and I want to know what to watch out for... I have ~800 BTC at the moment and would it be a bad idea to start loaning? I bought my BTC back in 2010 mid August January(when it was about $0.07 per BTC) and I noticed the price went up a ton! Also what would be some other way to grow my BTC? Any ideas on what I should do? Something I should have added my friend was doing something you guys call "mining" I am very knew to the bitcoin world even though I have had them for a long time. I bought these bitcoin from him because he needed to sell them, my financial advisor has told me that the longer I wait the more return I would get so I told him hold the account for 5 years and ill see where I am... So last July I had gotten my account back, did a bunch of research then found you guys. So I came here to post a few posts and for everyone skeptical this is the proof https://gyazo.com/ee99cef712e9b72f03a3e8e870c33624 Giving loans its always risky! But if you understand the risk, and have good model to choose to whom you can give loan, it must be more safety. And of course create a good agreement. Agree,lending business is really a risky one but if you can able to handle or lessen the risk then it would really be a profitable business thinking off that you wont do nothing and let your money earn for you overtime but the hard part is on lending to someone which is deserving and responsible.Choosing them would really be a challenge which one should be granted this is why we should always assure ny collateral from them. |
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I have a doubt related to tokens. I understand that tokens are created based on Ethereum technology and others as well. Why do they ask for ethereum address when tokens are generated. Do they send tokens on our Ethereum address or is there some other logic behind this. Where are the tokens stored ?
Its understandable already and as a Sr. member its odd to ask such thing but i would answer you. Most projects as of now are using ETH-based platforms which they token would really be stored on eth wallets.Take a look on myetherwallet.com.. You can see there are lots of coins you can possible store there on a single wallet as long its ETH based then they will really ask your eth address. |
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Hello
I want to start crypto trading but i don't know how to start trading.
Any expert crypto trader, please give me some tips and tricks about crypto trading.
And minimum how much amount need to start for crypto trading?
thanks
I just want to say first on welcome to this trading on cryptoworld.I would like to say that theres no trick on making profitable trades which we would normally need skills and experience for us to be successful on this trade.All basic information about trading is already on the internet.First off if you do like to trade up then better to trade on demo or just start on a small amount trade some cheap coins either on yobit or on liqui. |
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Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.
You can explaim bitcoin to children and teenager by sharing your own experience to them.By letting them know how bitcoin has changed your life and how bitcoin has given you so much money.How bitcoin has give you so much to spend. Explaining to youth would really be good since it is a simple way on spreading the awareness of bitcoin existence but i would say it would be somehow hard to convince them or making those words you do say to them would be putted on to their young minds.Most of them would just neglect or reject it later on since their knowledge or interest would be still on doubt. |
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aftee a few small shifts i decided to shift bitcoin to iconomi. 24h passed no funds or reply. i decided to check theyr forum and i saw im not the only one. lost over 1600$.
I dont have any problems when it comes on using shapeshift since i do seldom using it when i do need some ETH for some gas to make transactions.Have you tried out to contact their support? I did notice that they are already getting some complaints regarding on pending transfers or funds didnt go through to their accounts. |
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My own definition of a whale are the guys that I need to pump my altcoin to the moon. I can spot many of them in polo and bittrex.
Whale is not bumper who use to do it. Actually they will be people im adoption and technically strong in blockchain and crypto coding who do the basic coding. Try to invest on bitcoin to become a whale to bump the bitcoin price value. Your sentence is really confusing. We are talking on what is a whale. Bumper can still be considered as term on ability of them to pump prices and theres nothing to do with those coding stuffs that you do mention. Theres no connection on it.Investing on bitcoin on smaller amounts isnt considered as whale.If you do have thousand or hundreds of thousands then you can consider to call yourself a whale. |
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A few days ago China just announced that their government banned all ICO activities, and instantly the bitcoin price went down. how do you think about this?
China is an obvious main player in crypto, with Bitmain having a basically mining monopoly and a ton of other miners ending up on China due the cheap electricity and cheap labour essentially. This is nothing but more FUD and more insider trading. Look at the PBOC incidents last summer. They were able to dump the market, and the market recovered and we went to an ATH. This is the same all once again. Weak hands will get shaken, strong hands will hold, insider traders will get a ton of BTC from the panic sellers. The same cycle always repeats on all markets. Thats how it works and you are definitely right on what you have said here on which strong hands will surely remain and buy all those golds which are scattered on the street being sold off buy those weak hands.I do remember on those PBOC event which it did really affect the price but in return we do reach a new ATH which we can really presumed as of now that it would happen again. China is really a big player on cryptoworld. |
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Hello!
Thanks for reading this topic.
I have some money at the bank which I actually don't need. The interest rate is a joke, so I'm looking for long term investment.
BTC price is kind of high right now if you look at the charts and history. But I read a lot of topics and it looks like this doesn't matter at all.
Let's say I want to buy like 2BTC. Do you advice to do it right now or wait till when?
Thanks!!!
You should take a chance from now on. Do not wait because I think that you will regret it later. Currently bitcoin prices are high but chances are that bitcoin prices will increase much higher in the future. Buy bitcoin and hold for a while, if the price is enough then you have the right to choose to sell it or wait again until the price increases higher. Do not let you regret and lose the opportunity to get many benefits. Chances had already passed when the price is dipping on sub 4k price yesterday which you can able to make money if you do make short trading seeing on the price is on almost 4300 as of now thats already a $300 bucks profit in a matter of 24 hours which isnt really bad at all. Investing on bitcoin is always been wise either you would able to go shorting or even for long term. |
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Disclosure. I am a 2 month newbie in cryptoworld.
In the short time, my investment tripled at one point (yep 200% gains)...now it is barely above where I started. I know it will bounce back strong but still shocking to see all your gains (and hard work) "gone" in a few days.
How is yours???
Seeing on my portfolio? Then they are bloody red on which i did really lose big amounts of bucks but i didnt panic and just tending to HODL still.I know this is just a temporary dip and price would eventually goes up again after this News.This is the thing that traders or investors do experience on price fluctuations which is really normal into a unpredictable market. |
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