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The market is already flooded with so many exchanges that are not doing anything different than the already existing ones, so lets think about it if a person wants to launch their new coin and wants to put it on exchange, will he chose a top leading one or some dead exchange that has so low of trading volume, of course he is going for the popular one if he wants for his coin to succeed, and so is the user will he go sniffing around for some dead exchange or use a popular safe option like the popular ones, so how are these exchanges are going to survive ?, the market does not need more.
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What would the process look like?
If I registered a business name and then got some business loans to buy more coin. It would be a HODL business. Or a boutique crypto investment firm. I just want that loan to buy and hold onto a bunch of coin and watch it soar. There would eventually be a legit service to offer through the business but at first I just want a giant loan to buy a bunch of bitcoin.
Sound idea? Yes or no
Crypto bussness are really hard to run and to make as this market is quite unpredictable and you are putting your whole business on it, it will be tied to how the market flows, ok so lets say you get the loan and you buy a bunch of coins and people get in with you, and than the market fails and things don't go as planned, people would still expect you to pay them where you would get the money from, there are a lot of things involved into it that needs a lot of studying between what coins to invest and a bunch of analysis, and to get a loan for these kind of business is hard. |
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Most of the time these prediction or analysis don't concern most of the bitcoin users, because most of the know that it has a better long term investment so they are holding it, and the people that trade bitcoin and care about these things know better that to listen to people on the internet and they do their own analysis, and the for the new users who lack experience and see those predictions than they won't start off with like a million dollar so the price changing and charts and all of these are going to be overwhelming so this going to be the least of their problems.
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Hi Guys new to this website.
Long story short, I remember Bitcoin in 2014 when I was at Uni but I thought it was only for deepweb but saw it on the news late 2017 then was so interested in crypto.
What do you guys think about BNB(Binance coin) do you guys think it can be the boss of altcoins?
Do you think it can overcome Bitcoin at some stage of time?
What do you guys think? Interested to know mix opinions about it.
Thanks.
(Please no hate.)
BNB coin has only gained its popularity from the exchange that has created it Binance and it for that it did well compared to many other coins out there, sure that it is good to invest in for the time being but i really don't think that it will do well in the long term, and even if it does it will never overtake bitcoin because it is only used for trading and you can't use it outside of that, so it is specific to a percentage of people who are always trading, but bitcoin is not it is for everyone. |
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Well!! As, Previously, we saw Elon Musk publicly stated that Dogecoin is one of his favorite cryptocurrencies. Recently, the most popular public figures in the crypto industry, John Mcafee also showed his love for Dogecoin. John believes Dogecoin “Will Go To The Moon” and agreed that Dogecoin is gearing up for a big price rally. At present, Dogecoin has found a new supporter. On July 4th, Co-founder of ethereum, Vitalik Buterin tweeted, “I’m very pro-Dogecoin”. Dogecoin is getting love from popular faces, What's the reason behind this love and support? Dogecoin i think with some support and some development it will really do well, because unlike the other coins this one is really loved by the community due to the origin of it being a meme and when it is mentioned to investos and crypto enthusiastics it brings a smile, but as said if they start pumping it it will go up to the moon. |
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Hello,
I have made $2 million with trading cryptocurrencies and I'm afraid of losing it all so I want to lock half of my money somewhere. Even if I get sick or die, I should NOT be able to withdraw that money. Is there an investment plan like this? Lock for 5 years etc?
Bank cd wouldn't work for me because you can still withdraw that money with penalty.
If you really wanted to keep 1 million in crypto you should have cash it out overtime because you can't cash out 1 million that easily, probably the best thing that you can do right now if you want to safe keep you funds i suggest that you move them all into bitcoin and keep them there because the bitcoin is always going to keep going up, or switch to bitcoin and slowly cash it out overtime and put it in the bank account. |
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Some of these ICO project are more expensive than they should be, this usually comes from the developers and the people involved in it over hyping this project thinking that they are going to change the market and bring a new idea to the table and so they put a goal that is hard to reach and they put their coin at a high price, but if they don't reach the goal that they dreamed of they lose motivation and stop caring, or when the coin hits exchange it just drop down, so some ICO are really overpriced.
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Hello, everyone.
I have a few questions. Can you help me with?
1. What type of challenge do you face when you want to buy or sell bitcoin or any other crypto?
2. How the buy and sell process looks like? it is easy or not?
3. Can you share with me how your process look like?
4. Which app or site do you like and why?
Cheers,
Lukasz
Some of the challenges that i usually face whenever i want to buy and sell bitcoin, is finding a good price and finding a good buyer or seller, i usually use p2p sites in order to buy and sell and for that i have to be careful and check the person that i am trading with, and usually for that i try to pick offers that are hand to hand cash, but since on local bitcoin this kind of transaction is going to be removed, it is going to be a massive problem for me . |
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Hello:
I am new to cryptos and I must say that my first experience has been a bad one, I recently visited antminerusa.com and purchased some hardware, that was about 10 days ago, I paid using BTC, now the site is no longer available, its been down for 3 days maybe a bit more, this lead me to think this website is a scam. Now what should I do to recover my BTC, if the purchase where made using a credit card, I would report it to my bank and they could void or cancel payment, but with BTC what should I do?, if there is nothing that I can do, then it is obvious that using cryptos is a scammers paradise because there is no protection to buyer (that I know), unless there is a way to introduce the complain in the chain in order to reverse payment.
This is the transaction id 30dc4f431ac3db1949b330ab8cd31d1bb019d4831e24cd7cd7f4215fca73073b if anyone could share some light I would appreciete it.
With bitcoin transaction are irreversible once you issue a transaction that's it so you always need to double check everything before you do it, including the site that you are buying stuff from, you need to check reviews for or ask about it in this forum especially when you are buying something expensive, this irresponsibility is a double edged sword , if you make a mistake your funds are gone you can't get them back, but think about it if this was a scam site which uses credit card the scammer would have all your info and can take all of your fund from your credit card and your bank account, so bitcoin is still going to be better than cc you just need to be careful and know where to spend it. |
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The bitcoin dominance has been and will always be there on the crypto market, bitcoin is the original so people have invested in it for years before turning to the altcoins, what happend back in 2017 is that bitcoin got so popular people started fueling it and its price went up, and that gave the investors that this crypto market has potential to score big and so they started investing in the other coins other than bitcoin, until shit hit the roof and regulations came hard and the cryptomarket lost its high value, but bitcoin remained strong because it has a very large user base unlike the other coins.
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Some people think there are trusted ICO rating websites, if you believe there are ICO rating websites we can trust please share it with us. The purpose of this post to help investors or any one to take a decision in investing. I know there is crypto rating which is where you could find some reviews about ICO and tokens, but i really don't recommend you to take anyone's review and just decide yourself whether the project is worth investing in or not, because these all could be manipulated and they could be just a scam, so read the white paper and look up the development team and read about the project in forums and see if people think of it before investing. |
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can we possibly have an Exchange with little or No fees for trading and transfers of token. is it possible of having such platform especially for we that depends on Airdrops to earn crypto. seriously No time for bounties or trading. but it seems that we have been left out because the little we have can not be transfered to exchanges.
Quite a pity.
I don't think that it is possible to have an exchanges without fees, exchanges act as the middle man between the buyer and seller and for them to provide that kind of service they need to have a way to earn money from it and that it is by taking some small fee, and if you don't want to use an exchange to sell your airdrops than you will find yourself losing those fees doing multiple transactions trying to move them around. and if anyone out there claims that they have a site that has no fees than it is 100% a scam and you should avoid it. |
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Most of the new people just invest in bitcoin, because of its price and the promise of huge profit, and for that they lack experience lack vision and don't understand why or how the price is changing, so at the first sign of price dipping they just panic and they sell, not knowing that they are missing their chances, i feel like with bitcoin you should just stick to long term trading as it is the safest strategy if you really want to make some good profit from it.
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honestly, it is getting serious that most people spend over 18 to 19 hours these days on systems and mobile phones watching the market, trading on the move with their mobile. the addiction is getting out of hand. i think i am probably getting into this kind of life.
what could be the possible means of prevention. i need to have my normal life back.
The reason in my opinion that some people spend that amount of time on screens watching the price charts, is because they take trading way too seriously, they quit their job their life just to focus on something that they could lose in just a simple mistake, i feel that the solution is to take it easy, to consider trading only as a hobbies and extra income on top of your everyday job which is what is supporting you and giving you a steady income, and trading does not have to take 24 hours you could just take an hour to tow to check the price or you could set notifications to your phone whenever the price changes. |
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I don't know why people even bother reading about this crap, there is no person out there that can predict the future, sure that anyone has the right to predict but he should keep his opinions to himself, and people should just ignore them and not take their word as truth, these so called experts can just say what they want and if they get it right people will talk about it and say that they were right, but no one talks about them when their prediction is wrong.
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I can say with total confidence that Binance is the best crypto exchange on the market, not only it has some of the lowest fees not only they have good support and have a bunch of coins listed on it, but they are transparent and trustworthy and honest about their trading volume and usually always quick with their support tickets, i mean they had a hack happen to them where they lost some bitcoin and they were honest about it and that has reflected on their coin where not only it risen up but it is doing better than some of the other altcoins,
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This is just another sorry attempt to manipulate the market, if they are really hold 1 million btc they should be able to prove it, and if they do why are they selling it they know that selling right now will decrease the value so they will be losing instead of gaining because they won't be able to sell it all at once, i think that with the halving getting close people have been trying to buy as much bitcoin as they can in order to make profit when it takes place, and this lead to the price skyrocketing, so i think that they are saying this in order to make people believe that there will be a huge supply coming so they would stop buying and lead to a price drop, so they can then buy at a lower price than it is today.
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So for the last 18 months I have held, gambled, bought and exchanged some BTC mostly through this forum. (I HATE PAXFUL AND FEES). Anyways I have won lost, and just at points had to sell my coins for emergency funds and etc. Well just a couple weeks ago I had around .02 BTC (thats alot for me) well my washer and dryer has been having issues. My dryer proceeded to go and break on me and I had to sell my .02 to buy a used dryer, I spent $30 in gas and $75 on the dryer and when I got home the used dryer I bought is broken and the guy who sold it hasnt aswered my phone call in a month... Well anyways I sold my .02 for around $140 at the time roughly 1 month ago give or take. And since then it has went up over $100 in value... smh Am i just unlucky or does the bitcoin market follow my transaction history and only pump when I am out?  I really just wish I never sold I would still have a broke dryer and .02...The price has went up so high that I now cannot afford to invest. My mother was just diagnosed with stage 4 COPD and Emphazema and was just put on Hospice home health. So I am currently unemployed taking care of her. Its a struggle everyday.. I seriously am starting to wonder if btc is just bad luck for me. I once owned 3 BTC when an (unnamed website was shut down) I lost it all and since that day. Have never made it back.. I am now a proud owner of around 850 satoshis... ( so any ideas on how I can earn a little simple btc would be appreciated)... But to finish my post. Does BTC price rise or fall when you sell. And since you have been dabbling in Crypto have you become more /less successful. I want to hear your stories. I think all BTC has ever done for me is gotten my funds stolen multiple times lol. But man do I love it. (I know not to leave my funds on exchange but I am broke I cannot afford spending 6 to $10 just to be able to withdraw my BTC every other day, usually when I am trading it's usually only 50 to $100 as its all I can afford. I lose money withdrawing and depositing every other day between withdraw fees and BTC fees It eats up $100 quick).... Give me your thoughts! Bitcoin is a great investment and it gives us the opportunity to make some extra money from either investing in it or getting it from gambling or just doing some freelancing, and when it comes to selling you will always feels bad, it might not be at first but when you see a significant price rise, and you are filled with regret for not just holding it, and that is why in my opinion you have to make a backup balance, where you split your balance into 75% saving and 25% spend it, but when it comes to you you had to do what you had to do because of life requirements and i would have done the same thing. |
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There is not actually any precise predictions when it comes to bitcoin and the cryptomarket in general, anyone on the internet can make a shot in the dark and predict that the price is going to get to a certain point, i mean this guy didn't say that 3 years from now the price of the bitcoin is going to be 10k, bitcoin is bound to go up in price since it is popular and has a limited supply so this is an obvious thing that does not need any expertise, the bottom line of this i could say bitcoin is going to reach 30k, it could take it a day a month or 10 years and people would say that i predicted that bitcoin would do so and i was right.
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Well this is gonna happen a lot of time, where we look back at a times where the price of bitcoin is cheaper, and we don't have to go back really far i mean in 2016 the price was at 400$ , which goes to show how much bitcoin has grown in just 3 years, i remember back than i was not that familiar with it so as soon as i got it i sold it no know that i could have made a fortune from it if i waited, i am sure that in few years when the price reachs like 100k we will look back on today and say remember when the price was at 10k.
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