it has been more than worth it to invest in bitcoin so far. with the continued adoption and the over time growth all around the world price will continue to go up. these days newer countries that we never thought are adopting bitcoin, Indians are so interested in investing in bitcoin, i have seen lots of interest coming from Africa also. all these will only lead to higher prices long term.
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it can and the biggest reason for it is one simple difference: bitcoin has no charge back. with a quick search you can find the biggest issue every Paypal users faces and that is charge back when you are the receiver of the payment. so many merchants have already lost so much money using paypal and all these money could have been saved if they used bitcoin.
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if you are to start trading on altcoins, what sort of consideration should check before buying?
Should you chose Ripple because of their high volume per day yet the price is just cents and the total supply is 33 trillion or should I chose go to trade with low supply like Monero because the price is more than $10?
What are the things you consider before buying a coin, its Market Cap, Price, Available Supply and volume?
there are too many things to consider when trading and price + volume is one of them which is also one of the most important things. i always look at the trade volume but remember to check the volume for previous days, weeks, and look at the bigger picture not just last 24 hours or 2, 3 days. and then comes price, remember that when price is 0.01 BTC 100% rise means going to 0.02 BTC and that is very hard. but when price is 100 satoshi for example 100% profit means going to 200 satoshi and that is much easier. none of the things i said are rules, and they have exceptions but they are good guidelines in my opinion.
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My bet is we bounce around from 750 > 900(maybe 1k) for several months they with in a few days smash to at min $1500 USD.
you have to make up your mind: https://bitcointalk.org/index.php?topic=1747804.0 is it $200 or bounce back anyways i do really think we may see the continuation of the trend in 20 days ago. meaning another slow rise with strong buy supports and long stable (accumulation) phases. although it can also depend on how much cheap coins whales got from weak hands in the previous days.
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many of the bitcoin users today aren't so eager to buy bitcoin apparently, so many you see around here who are just dancing! to the song without moving. we need some adoption and some more people to come in and invest money and stop panicking so that maybe some day we can see a lot more friction when whales dump.
we got to learn how to take the coins out of the hands of whales next time they dump.
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when you look at how big bitcoin has gotten in the past 8 years and then look at how small bitcoin still is compared to what it can really be then you can easily understand that numbers like $1000 are so tiny. there is a reason why bitcoin has 8 decimal places down to 1 satoshi, that is because it is going to be worth something some day.
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with this last FUD drop it seems we are back at the where all this has started, before the sudden rise and to the time when price was slowly rising after normal accumulation phases. what do you think? the bottom and the good ol' slow rise?
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This is a weak hands shake out before bull run continues, price is completely manipulated. whales buying everything they can with these prices, soon we see 2k moon coming sooner than we think. I believe
i am not so sure about 2K and certainly not soon. but whenever there is a shakeout like this and it lasts long enough, that means that there are whales somewhere that are quietly accumulating cheap coins they get from these weak hands and when they are done accumulating the pumping begins.
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{ Some say, 80% + of the bitcoin transactions are coming from China }
that is not bitcoin transaction, that is what their exchanges report as trading volume. and it is as you said mostly because there is 0 fees for trading and also i do believe that they are reporting lots of fake volume to compete with each other.
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can you be any more vague? you say you have some method that is making you 4 bitcoin a month on autopilot! my suggestion is stop being greedy and be happy about what you are supposedly earning!
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i hope not.
but at the same time the time is different from 2013 and if you hadn't cut the important part from that chart we could have seen it here too. the important part is the part in 2013 leading to the $1100 price which was like one candle in that chart! and compared to today it seems stupid to see a mirror.
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Can we never know who this address belongs to? Is it impossible to find the addressee's identity? unless the owner of a bitcoin address tells us we have little to no way of finding that out. what you can do is to search all the addresses that sent to or received bitcoin from the said address. you can find out if there are any other addresses linked with the said address (used both in same transaction as input) then find out who those addresses belong to and find a possible link between a real person, possibly a service like an exchange and those addresses. check out walletexplorer.com too.
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Saving 20% of amazon cards buying with BTC, is that on the forum? Sounds dodgey to me and if I was OP I would want something safer Sounds like scam, written all over it. Anyway if someone CAN give so much discount for paying with bitcoin, its huge success for bitcoin I'm guessing the 20% will be on small amounts like $100 or less. Some how they have a way to earn giftcards by working and so can sell cheaper. If not that it does indeed sound like big scam. Imagine no limit 20% off amazon, business right there to go between crypto and real world. despite never using any of these services myself but sites like purse.io and gyft.com have been around for a long time and are trusted as far as i have seen from the feedback other people leave and they offer discounts like 15% unless you are talking about some other site!
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since i not read everything here because i have limited time. so sorry if my question is already answered but i did't find an answer so far. my question is about the image you post that we are in the 3rd wave... etc... who say this waves are facts? based on what? we have someone here that predicts the future so well he can write down to us ? and this person in not in Latin America or somewhere drinking mojito etc? don't take it wrong and start answering me ironic etc i really want to know how this is real ? p.s. i am supporting BTC since the early days..... i would love to hear the poster's opinion on this also but as far as my knowledge goes this chart is a big speculation based on the analysis of the market cycles. you can read about these things more here: https://en.wikipedia.org/wiki/Elliott_wave_principleand here: www.investopedia.com/articles/technical/111401.aspbut i generally i do not like any technical analysis with bitcoin but many of the are correct to some extent.
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I want trade with my mobile.
possibly you are going to have a hard time on mobile because some of these platforms are not too mobile friendly. but herey trade now growth into 0.4 btc .
i can not understand this. Now , According to the history of exchange yobit.net & poloniex which out of them you will suggest .
as others have already said, between these two i also suggest poloniex. try to stay away from yobit because it is shady and there are lots of problems with their service. and there are a lot more exchange out there you can try. Because I heard something more complicated like ddos attack , is this true .
DDoS happens for any site, but the safety of exchanges is more serious than that. they get hacked! you can search and find it in the history about exchanges that were hacked and ran away like Cryptsy, MtGox, Bter, Bitfinex (this last one was hacked but stayed) Now between these two which is more secure and handleable for my mobile .
well as i said you will have a hard time and poloniex is a pretty heavy site to load even on computer. try using a bot or a different kind of service only through their API if you had trouble with any of the websites.
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Probably trading in the best option because it neither involves risk of lossing money nor getting scammed. With just little experience you could make huge profit little by little.
Trading is good for the experienced one. To create bitcoin business we must have computer skill because bitcoin only can be use by electronic stuff such as computer and smartphone. Just create online shop then give customer the option to pay by bitcoin. this topic is asking about creating a new business. and if you are talking about doing trading then you are off topic here. and if you are talking about creating a new trading platform then we have enough of those, so unless it is in a country that has demand but no exchange service i don't see it becoming successful. but if there are people in your country who are trading bitcoin but in foreign exchanges an exchange service can become successful working with local banks.
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The first big spike was close to xmas/new year and the recent spike was the same. Discuss? It certainly isn't people doing their xmas shopping with bitcoin. Is it publicity related? Is it silk road (or equivalent) related? Is it Chinese money giving customs related?
the first spike was 2013 and then there were no spike in 2014, 2015 and now we saw one in 2016. there is not enough information to say there is any relationship between the two! also the 2013 spike was a fake pump mostly by MtGox. this spike was a tiny spike compared to 2013 and was only because $1000 was close and there was a mentality thing about this price. so again you can not compare these two.
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This is just my opinion, but I feel Bitcoins momentum was kinda killed with this dump back to the 800s and it's gonna take some time to reach the 1200s again since you need people to actually buy BTC at 1300$ to reach 1300$.
You won't get that much people to buy Bitcoin over 1000$ if they think it can drop dramatically to 800$ while they sleep. We need some weeks even months of stability to gain back confidence.
I don't think the momentum was "killed", it was interrupted if anything. The momentum will eventually keep going towards where it was going, and that is towards a new ATH. It's only a matter of time, the question is if you want to gamble your bitcoin position for a potential 100 ish dollar short (since it seems average now is 800) the momentum to go to the moon has been killed but the overall momentum is still there and price will continue rising after a while. right now there is a crazy stage where nobody is sure what is going to happen and so far price has been going up and down, shaking out weaker hands and forming a parabolic rise:
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first of all the 1 million is a complete estimate and it may actually be a lot less than that.
though there's ever more early miners coming out of the woodwork it was effectively only him for quite a long time. if you were the only miner back then you'd be getting 7200 coins a day. that's one million coins in only 138 days and he certainly carried on for longer than that. i wonder how many people came on board in the early months of 2009. not very many. this is a discussion that has been going on ever since price started to go to ~$20 and has been going on for years, and no matter how much you argue, there is no conclusion to it because bitcoin has a certain level of anonymity and we don't know how many were mining bitcoin from the start (for example Hal Finney was one of them) follow up here: https://bitcointalk.org/index.php?topic=37333.0p.s. in the end bitcoin is still bitcoin
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i have been thinking about this subject for a long time and even studied many of the ICO projects that has existed.
but so far i have not been able to come to a complete conclusion as to what i should consider when speculating about the future of an ICO project. and after reading this topic i see only one or maybe two good points but in the end i say it is not worth investing in any ICO because they are too unpredictable.
and you say things like team, that may be a good criteria but at the same time, an experienced team can easily mean and experienced team in fooling you into a scam.
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