The stock market has been overvalued since, forever, only in the big crashes the market returns to some kind of real level and even then the pendulum tends to swing back and over correct itself.
stock market is different in each country and it is different in different times based on so many factors like the financial state of investors. but it is always for the big players and novice traders won't have a good time in that market.
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People would surely not tend to put up their bitcoin on a bitcoin bank because they will surely prefer to use their own wallet and have the control on their money compare on putting up into a bitcoin bank which is something unusual thing to do snce there are lots of wallets out there to choose from and why we should need the use of banks.
that is right about people who are familiar with bitcoin right now and have made themselves a wallet and also know how to make it secure enough. but those people who are new and want to start using bitcoin surely prefer a bank, somewhere that is already familiar for them because they have been using them for their whole life.
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If you are just holding bitcoin, why not make some bitcoin denominated investments as well? That way you can make extra profit on your bitcoins, while still gaining on the bitcoin's potential rise in the future.
Holdisg bitcoin is like holding other currencies - it is highly speculative.
and also highly profitable. bitcoin is not like any other currency, it is the up and comming technology that has been a great investment because more people adopt it everyday and the inflation rate causes price rise too. and so far the price has been rising consistently.
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Anyone tried or currently trading forex is it possible to make money on it?
Yes its possible to make huge money in forex trading but if you really want to make some money from Forex trading then you need to get some knowledge from a experinced trader. Its not enough to study the Forex theory, Also you need to be practical to succeed in Forex trading. Studying forex is exactly what you need to do before you can apply it to practical trading. There are plenty of forex schools and places where to learn forex trading if that is what you want to do. You are absolutely right, before attempting to trade the Forex, you need to be trained. And even better to learn from an experienced trader who trades with a profit in that case better look for a teacher in the real world, like if there is some classes somewhere you could attend to. and NEVER look for a mentor about anything money related online because when online everyone feels anonymous (eve if they aren't) and will try to rip you off and there would be nothing you could do when they emptied your pocket.
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ETC volume has also dropped drastically making it even harder to go up to 1 digit price values. the $100 is a hyped up dream that can not even happen with the main manipulated brother of it (ETH) so you shouldn't even be expecting such changes for this throw away chain.
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thank you to everyone for sharing, i cant reply you one by one, because idont have too much time in internet world
maybe the hype of demand in indonesia is high, but this is different from india that has problem related of their condition, indonesian economic is good, unless political condition in capital region (governor election that bring 2 religions clash, moslem and Christian too many ethnicity, religion, race, and inter-group relations attack) and imo this willnot had huge effect to btc price,
This usually never happens, although there never exceeded one days price of btc in indonesia higher than any international market,
it is only supply and demand that dictates the price of bitcoin and everything else. when there is a higher demand prices go up like this and Indonesia is experiencing this higher demand right now. the reason why it is not the same as other exchanges is (as always with similar cases) the difficulty and in some cases impossibility of transferring money to and from that place.
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Just to be clear "some idiots" are more than 70% of the network?
Seems to me there is probably a bit more to it than a few die hards.
It's only been out, what, a few weeks? People aren't going to rush to change if it's going ok for them. it has been a lot longer than that, the signalling officially started recently (a couple of weeks ago) and "people" don't have to change anything it is miners who are signalling the change and should change to it not nodes. p.s. i also think we would have broken $1000 resistance if Segwit was released.
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When Bitcoin price shoots up I just try to decide whether the price will stay at that level for longer it will drop immediately. If the price stay at same level after increased price than I would like to hold bitcoin and if price keep increasing or decreasing than I would like to sell my Bitcoins for some profit.
I would sell all my coins to book a profit. What's the use of waiting when it will go down . You just missed the opportunity to sell and buy back at bitcoin dip before rising again. The moment the price hit your target selll price, don't hessitate to sell and book a profit. But I'm not sure all the bitcoin holders will be having some short term target and always looking for that. Whenever I do hear about bitcoin price up surge, I just will be glad but definitely will not be looking to book profits for my bitcoins. This is may be I'm not looking for any short-term targets. there are different strategies, some people take high risks of trading every day (short term) and make profit that way and some choose to hold bitcoin forever until there is a real huge price rise. and also there are some in the middle who take a medium risk and sell if there is a "shoot up" because there is always a correction and they buy immediately after they sell to get back in the dip but have more bitcoin because of the profit.
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people start to realize ethereum was a bad idea from the start and they give up on it and then pumpers who see this give up on it too because they can not make good profit if there are no newbies to buy and price keeps going down until is is dead like other 10000 coins that are dead today.
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-snip- a decentralized file sharing service that allows content uploaders to monetize that content. Imagine piratebay + storj + bitcoin. Download anything for $0.05.
It will be ENORMOUS.
file-sharing and piracy is only booming as long as it is free! it doesn't even make sense to monetize it and i am sure it won't be successful. they steal content and want to charge people money for it! what is stopping me from using torrent for free? besides it is actually going to be a lot worse for the pirates (those who make the content) when they are caught, so far they were only stealing and sharing now they are going to take money on top of it too. next KimDotcom's lawsuit is going to be 50 times bigger.
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i was actually looking for this news the other day, wanting to see where it all began. it seems like Circle has a history of shit talking about bitcoin. i wonder why they even get into bitcoin business if they thought like this about bitcoin in the first place and now with their new shit talk about bitcoin they dont allow buying bitcoin.
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If i must choose, i rather pick gold than bitcoin, because many people around the world already know about gold than bitcoin. In the other hand, many people still don't know about bitcoin even the price of each bitcoin is really expensive. I want pick that two bitcoin and gold though.
what your reason choice in gold only follow much people i think is not goo, you whatever choice your investment platform, the reason you mush about return and save, is return hign and save you must choice , not only follow people investment you are right. whatever you choose between gold and bitcoin, you still have to keep it for a long time, especially if you want the profit. but, I might be inclined to choose a bitcoin, because by using bitcoin to the maximum, you can make the numbers grow without waiting for a long time, even if it takes a special ability for it. you can make bitcoin increases by trading, or even with investment, and I think, you can not do that with gold. but if possible, take them is a wise choice I think Bitcoin is more profitable on medium-long term and gold is profitable on super-long term. We don't know the future of Bitcoin, but we know gold will always exist and will keep its price or increase (if it becomes more rarely in the future). For a rational choice, I would say gold is safer than Bitcoin, but at this moment, we can make more profit with Bitcoins! That's also my thoughts about the idea of terms long-term or short-term between bitcoin and gold, but as this time around you can make more profit by investing, trading (buy and sell). But it always depends on the gold/bitcoin holder on how he managed to make profit. But for me I will do it for long-term because it makes more value as time comes. in my opinion it is best if you switch between them instead of only thinking about one of them or buying one long term and the other short term. for example there are times when bitcoin becomes so stable that price doesn't move more than $5 and there are times when it changes $50 you can make lots of profit in the later. and the same is true about gold you buy in the dips and sell on top and get out when it becomes stable.
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-snipped-
that would have only been true and a valid speculation if bitcoin was rising (specially in the charts that you have included here) based on real supply and demand. these charts for example are the $1000 pump that was a fake pump by mtgox you should not include it in the speculation.
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I don't trust all these HYIP websites and I'm looking for a more reliable way to invest. Any suggestions?
Yes almost hyip now is not safe anytime you can lost all your money. So the most reliable way here in forum is the best one no need to invest money here. Just invest your time so that you can earn money. Not only HYIP, some junk ICOs is not reliable as well. They run the ICOs in order to steal people money from crowdfunding and build the stupid cryptos system which can not adapt what people need. And do not trust cloud mining at all, they can turn into scammers after one or two second. You will never know when it will happen. Be wise when using the Internet investment type of HYIP is indeed not safe and not a good choice for investment. ICOs is indeed always profitable for me, therefore you have to be smart in choosing. the point is when you want to invest in ICOs, at least they have to use escrow. If not, better do not invest. ICO's are not guaranteed also to grow your bitcoins if you don't know how to know the road map and the devs behind that ICO. Because I'm thinking that because HYIP's are already determined to be scam by most of us. Those people behind those scams are also migrating into some other way to scam people and I guess they are already in ICO's. even if you know all that and do additional research ICO is still too risky for an investment because a lot of unknown things can go wrong at any time which can lead to loss and there is nothing you can do about it. while trading you can dump in case of a price drop to prevent further loss (for example lose 5%) but in case of ICO it can go down in flames and you lose 90% and there is nothing you can do about it.
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with the new change in price moving up to 760-770 USD i think $800 price by the end of this month is easily possible now.
what do you think is needed for this rise to happen or ensure it?
it is kind of a cliche thing to say but anything is possible and we may actually see an stable price above $800 soon. but i think it wouldn't be an easy thing since we are close to the end of the year where people usually are "spending money" rather than investing it which may reduce the demand a little hence slowing down the rise.
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Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
not really, you should embrace this fear of losing money. it is a good thing it shows that you are not an idiot running around with money to waste in your hands. when you have some fear in you, it forces you to think twice before making any decisions and as long as this fear is not clouding your judgement it is a good thing to have.
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anyone with a quick glance at the altcoin announcement board or even these sites that list altcoins like coinmarketcap can easily say market is flooded and if you go deeper into each one of these it is again obvious that nothing is different between majority of these coins! they copy and paste
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i say this is mostly nonsense and had nothing to do with regulation. their business must have been crap and they were looking for an excuse to get out of it!
i have never heard the name and there are already better places!
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Name: BrewMaster Post count: 216 Rank: Full Member Bitcoin address: 1LCCJR45uLk4Ge2PcrbuR9Y7uQuyQ9VCoQ
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I'm not much of a gambler myself, but when I gamble I play poker. Poker can be very profitable, but it is very time consuming as well. Betting and casinos, are not my type. so, what's your opinion on what could be more profitable?
well, if you want a better profit and a better win statistics then you also have to spend more time and put in some effort into it. which means trying hard to learn poker and then trying hard to beat your opponent. and yeah i agree that it is hard but poker is one of those games that you can actually earn something from if you are an expert in it.
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