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Yeah okay I get that you're not happy with the state of the market but it's about time you get used to it. This type of thing happens in any sort of monetary investment. Investments of any sort are volatile and hence markets crash and then they rise. So if you're afraid of markets crashing forever, don't be. It'll eventually rise because it simply has to. That's how it works in the bigger perspective, you'll understand sooner or later.
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We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
Last week I wrote an article on illicit cryptomining – how hackers are sneaking cryptocurrency transaction processing software onto corporate networks, personal computers, and other devices. I attempted to raise the alarm, calling this threat the most dangerous of 2018.
I didn’t go far enough.
Upon deeper reflection, the implications of illicit cryptomining are profoundly frightening. Because this type of cyberattack is ‘relatively’ benign – for certain definitions of ‘relatively’ – it’s positioned to run amuck, taking over computers, networks, data centers, and cloud environments around the world.
Perhaps there’s a way to stop this insidious infection from killing its host, which is nothing less than the global computing infrastructure. To be sure, cybersecurity vendors are already on the job.
In my opinion, however, prevention and mitigation technologies will never work well enough. There’s only one way to slay this beast. We must make all cryptocurrency as we know it today illegal.
Make it illegal and then what? Billions and billions of dollars are invested in cryptocurrency and it won't disappear over night. There are TOR and VPN to hide people's asses. So people will continue to use it. And countries won't unanimously make it illegal. You think Donald Duck(Donald Trump) and Nuclear King(Kim Jong Un) will think the same? Do think about it. First make drugs illegal and then try doing so for cryptos. |
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I have googled, searched and searched and I have yet to find a good arbitrage app or website, where I could exchange crypto not only on one exchange, but also between them as well in an easy manner. Would someone point me in the right direction? For example, I would like to change my BTC from Bitfinex to Poloniex to trade it to ETH there, and then move ETH to Bitfinex and all that within five minutes in one App. Anyone help?
I don't know how more of a legitimate is this but I found one : https://www.arbitrage.expert/I also had seen one in the services section, and here's a link to it: https://bitcointalk.org/index.php?topic=2012995.0I only advice you to do this if you're confident, otherwise do stay away. Really about them if you haven't already: https://99bitcoins.com/bitcoin-arbitrage/ |
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rising and falling its bitcoin price is already an annual tradition. we all know, that from the beginning bitcoin price is designed in fluctuate. but, why is there always someone who panics see it? and not even a few people are panicking at the current situation. IMO this is an opportunity for us to set strategy and take advantage.
This guy should win an Oscar for figuring this out. This thing has been discussed back and forth all across the forum all the time and seriously no one bothers to read these. Had people read one thread and followed, we won't have been seeing panic selling every goddamn year. People understand the ideology of how investments work and you repeat the same thing a hundred times also they won't be able to comprehend it. So give up, you're just wasting your time. |
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I see no logic in this. When you buy 100 bitcoins with dollars or whatever, you don't transfer dollars anywhere. So the situation after selling bitcoins is not any different with before buying them. In other words, for the cash outflow to happen the amount of dollars in one country should diminish while in the other increase. This is not the case with crypto. And even if you buy bitcoins with renminbi in China and sell them for dollars in the US, the amount of renminbi and dollars doesn't change in the respective countries.
I understand your confusion. You think that things are not interconnected. But eventually they are. Though it may be indirectly connected and the capital flow may take time to go from one country to another, it does happen. It may be via import/exports, remittances, direct foreign investment, direct purchase in foreign (other than investments), payment of loans etc. These series of events may not be related to bitcoin, you do buy bitcoin with fiat, so again they are all inter-related but are definitely indirect. |
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I saw many people are struggle with money management in crisis time and loose their attentions. as result many people get frustrated. they will try to get out from this situation very badly ..what do you think how you can manage your money in this situation or what would be your step?
I'll tell you one thing, the market's condition is not good, its not normal either it. It's bad. Almost 90% of traders are in a loss, I might he exaggerating though. But still a major part of investors are in a loss, so most of them are trying to sell. But you only get a loss when you sell. This no one wishes to understand, they start acting panicky and stupid and it all makes things for the worst. I don't sell at a loss, and I never have, I don't have to worry about anything but people who sell at a loss have a lot of shit to worry about. |
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GPUs have become so damn costly because of mining. Even if you're mining its fine, but individual idiots don't know what shit they are doing in the name of mining. Just buying mining equipment won't do shit. You're only increasing the prices of hardware. Individuals don't look at the difficulty of mining and they just do for the sake of it. Come on man take a look at the mining difficulty. |
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I don't see why not but you need to have the facts. Anyone can say what they want to. And you apparently believe in all those shit,probably. Why is it that do you care that bitcoin should hit 100,000$ and not 99,999.99$? Stop expecting stuff things will happen if they have to. Gosh go have a beer. And get your shit together.
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Everybody knows about Bitcoin.
Why would X and Y but bitcoin at such high prices ? ($8000-1000) while BTC started from few cents.
Why would wall street join BTC ?
We wont see 20k lvl again. 10k is history.
Ah you're a dimwit. People buy at high prices, and even in bulk quantities, did you not know that? One may call it stupid but it's a strategy, people who buy in such bulk amounts are in no hurry to sell, they know what they are doing and they know individual investors don't know shit. Individual investors sell when they are forced to. So you're saying that bitcoin will never hit 20k, well I don't buy that, and no one else in their senses will do the same as me. |
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if bitcoin can not scale if alot of transaction is taking place, how would it reach to 1 million predicted by mcafee? mcafee talks about mining cost and limited supply of bitcoin. forgot what else he says. but if bitcoin can not scale. would it reach to 1 million? lets say alot of merchants are taking bitcoin but it have gotten slow like a bank. is it as useful now?
McAfee is an asshole. Did you know that? I bet your ass you didn't. Why is it that do you want bitcoin's price to go to one million? A benchmark sort of shit? Oh give me a break. McAfee says shit and you buy it like a clod. Don't pay heed to that guy. Just learn about bitcoin is what I can tell you. If you don't, then it's on you. |
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Why not? People are buying it, people are selling it at the price that the market throws at them. Not everyone is dumb enough to sell at a loss. So to answer your question, roughly it can get you some profit atleast but it depends on the time period on when you sell. Because unless you sell, you're neither at a profit or loss. So even after a year if you sell during a bearish period, you'll get a loss.
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Shitcoins have given more profit than bitcoin ever did. Call me crazy but one coin against hundreds of shitcoins makes a difference. People may hate shitcoins all they want like you said OP, even I do, but when it comes to trade these asshole whales know what they are doing and they clearly know how to reap the profits. So yes, shitcoins maybe necessary. But there is an alternative, you can put your money in an altcoin which has legitimate purpose and not just get pumped and dumped. If you want to mobilize funds put them in the right place.
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Japanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union. read for more updates here : https://news.bitcoin.com/japan-to-call-for-crypto-rules-at-the-g20-summit/This might make things for the better part of this year. Maybe not. It's a summit, things can go both ways. No one knows how finance ministers think about cryptocurrencies, if you really believe in media you're a bonehead. Global rules on cryptocurrencies, boy I cannot stop laughing. You seriously think countries would come together and implement these supposed rules on cryptocurrencies? You really think there's enough peace in this world for that? Lmfao. |
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How do people come up with this sort of questions? I really want to know. You cannot be that illiterate also. How come people know what bitcoin is but don't know how their markets function, and how come they don't know that the prices will rise due to all the reasons out there. I am getting too old for this shit. OP, fuck off. And if you want to know how prices rise and fall, fucking read about it. Asshole.
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People are very cautious investing in Cryptocoins. I know some people are waiting for BTC price drops under $7,000 for them to invest in BTC. Are you also waiting for this moment?
People who are waiting for the price to drop have this mindset and things don't work according to them, they all aren't Nobuaki Kobayashi. Get over it. Buy if you want or just go away. Really doesn't matter. Because you don't know how to speculate, which would mean that you don't know how to buy and sell at the right time. You don't wish to do your own diligence, so you really don't want to stress yourself for something you'll never figure out. |
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Bitcointalk Profile Link: pitiflin Current Amount of Posts (Including this one): 1096+1 BTC address for payouts: 1P11YAQxZYExqEgCdvCugen8GM6NYykQgv ERC-20 Compatible ETH address for payouts: 0xD6aBE8E876e32966A041aAF7808d34874aB2B894 Though I don't meet the merit count, I'd still give this a shot. Lemme see if my posts are at least okay or if I'm a deemed shitposter. Also, will change signature upon acceptance. |
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Do we actually give a fuck about these analysts. They are specialized in stocks and not in cryptocurrencies. Even if bitcoin is supposedly a bubble, what is going to happen after that? Panic selling? As if that doesn't happen already. People stop using crypto? That's possible but this might not be the case for crypto. Bitcoin's price goes back to 1000$? Please. A year and a half ago it was the same. We'll get over it.
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What fuck are you on about? Your opinion clearly doesn't matter here unless backed up by proof. What you think definitely is not going to be true. Countries have a lot more shit to handle they don't give a fuck about bitcoin if you didn't know. They just don't want their people to be scammed by using bitcoin, not because bitcoin is a ponzi but people are stupid and it's hard to find traces of the scammer when you use bitcoin.
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Anonymity is not that great when it comes to bitcoin. You can still be tracked. But nevertheless I really love the concept of using bitcoin but what you are saying might not be possible. To be stable it has to be centralized in some extent and it's supply should increase and we know both of them are not possible.
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Hardly people use bitmex. There's more to it. But eh, I don't see why you're complaining. The prices go up and down, how hard is it for anyone to understand? Fucking wait for the prices to go up like in April. First three months of the year is where most people sell. It's sort of a scientific tradition.
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