this is good work, keep it up.
just one tiny advice: the worst mistake that anybody can make while trading altcoins is getting caught up in the hype during a pump and eventually getting greedy and not sell. you are already sayign "5% profit" if you can keep a strong mind and not get emotional and not get out of the plans you have made, you can continue making profit. but if you start getting greedy and break your own rules of selling, then you are breaking all the strategies and putting yourself at risk of money loss.
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when you are considering all cryptocurrencies as a buy and hold strategy then it is not going to work out well for you. you need to only consider bitcoinas the long term investment because in the 8 years the long term has won.
but altcoin are only rising for 2 or 3 months tops and when you look at their hostory for years before this pump rally you can see they were terrible long term investment and there is no reason for this to change in the future either.
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Its not necessary that if bitcoin goes down then other altcoins will go down too. Perfect example of it is etherum. Its still going up while btc is gone down.
are you delusional? or maybe you don't know the meaning of UP and DOWN? if so i suggest looking them up in a dictionary! in the past week ethereum has dropped down more than -30% and meanwhile bitcoin has been rising up about 25% in the same time! What are these claims, "alternative facts"? 7 days ago the Ether price in US dollars was ~$150, and now it's ~$220. Meanwhile, the Bitcoin price of Ether is up as well, from ~ BTC0.074 to ~ BTC0.088. This is publicly available information. Maybe you should check it before posting. i don't know when i look at the charts i see bitcoin is rising after its correction from $1900 and still keeping the price up around the $2500 and shows all signs of rising more. but when i look at eth charts i see price getting pumped then it was dumped hard and then jumed back up to 0.1 and now it is dumping down from that top. it had a dead cat bounce today though.
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Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?
go back one level to the speculation board and start clicking the pages, there are 356 of them. you can see your question being asked on each price rise, specially if they were big, starting back when price went to $12 first and then $20 and each time the answer is the same. we don't know, but the bitcoin adoption is increasing which leads to the price rise more and more in the long term.
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it makes things a bit safer but remember that there are keyloggers that will take a screenshot of your screen and what you are doing. and they can even record a small videro of it.
there are always new ways that we have not yet even heard of. so the best course of action is to enable 2FA on your online accounts and move your bitcoin wallets offline and keep your system clean.
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the bubble formed then it busted and now it is all over. you are late the bubble is when price goes high too fast and then when you think it is over it still continues upward. and the burst is then it comes down which it did. and if we were still in the bubble the price could never go back on track of rising up again and crossing $2500! this is now a legit rise.
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Yes soon bitcoin will join forex as bitcoin demand increases as well as transaction even lots of people using bitcoin for there foreign visits . Big forex ventures willl include bitcoin in their exchange not only bitcoin some of the altcoins like ether, ltc and dash will be includ d
actually no they will never add any altcoin if they are in their right minds! you see, when you talk to people outside of crypto circles, you can clearly see that not even one person has ever heard the term altcoin or any of their names. it is just us in this community that keep hearing their names and that is only because it is kind of a targetted advertising to fool people into invsting in them. many even call altcoin market as penny stocks!
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Its not necessary that if bitcoin goes down then other altcoins will go down too. Perfect example of it is etherum. Its still going up while btc is gone down.
are you delusional? or maybe you don't know the meaning of UP and DOWN? if so i suggest looking them up in a dictionary! in the past week ethereum has dropped down more than -30% and meanwhile bitcoin has been rising up about 25% in the same time! and also by the time bitcoin came down from $2700-2800 ATH it was the same time when ethereum was getting dumped hard so the drop was also at the same time!
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if and only if we fix the scaling debate with a high amount of support, or consensus without any chain split or even risk of it, then we can see a big price rise of at least $500 in short term because we still need adoption for bigger rise. but that would be the start, when the issue is solved there is no more altcoin hype, all of them will die and get dumped, a huge amount of money will come in bitcoin which means another $500-$1000 rise. and in long term obviously the real adoption happens more easily and we can finally see the $5000 price and aim for $10,000
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Yeah, I highly doubt the pool is going to come out and refund this sort of transaction, why are you "highly doubting" it? it is not like this is the first time. it has happened before, multiple times. and i know at least of 3 occasions where miners were contacted and they paid the user back. one of them made a topic in this board last month. another was that 90 BTC -ck said. and another one was that ~200 BTC fee.
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no i am not "freaked out" at all. i am not even concerned at this point. UASF doesn't have enough support apart from people repeating it in the social media and many of those repeating it probably don't even run a full node.
the stats are low. the mining support is not there. the developers are not supporting it.
it is a good gesture but this Aug 1 thing from BIP148 is going to fail. we will needa better and well thought UASF, not something that can lead to a chain split and that is why it doesn't have support from those who understand it like the developers.
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does anyone have a link to the trading platform itself? i have heard that this platform maybe a trading place with zero fees. i want to check and see if they allow people from other countries to also register and trade there.
that would be very useful. a regulated exchange in a bitcoin friednly country with zero fees!
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you can't!
and that's the problem. why do you think so many people call trading as gambling, that is why. altcoins are extremely unpredictable. it is simply because of the manipulations. there are too many whales with a lot of money in the market and altcoins are too small, and sometimes they even have a large part of the coin itself like etherum and they can dump and crush the price at any moment.
this is why i am always surprised when someone says "i want to invest in altcoins for long term"!
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anneiS_02 Well, reading about bitcoins is what I do now. I joined this less than a week now and not yet gaining anything. Positivity is good right ? Well my friend is experiencing the great benefits of bitcoins and we are still young Aiming to experience the same thing Please, what are those benefits? take a look at your own signature and you will find out! bitcoin is allowing you to create a crappy service like that and use it to earn money easily and safe without needing to worry about all the scams that happen with credit cards and other payment methods. and everyone knows bitcoin. if you were using some shitcoin nobody would have even heard of it.
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first of all most merchants conver bitcoin that they receive to fiat right away at that current price. you can check out Bitpay and see how easy and fast it is for them to do this.
also the fluctuation is still here because everything is small. when you can go on an exchange and dump some bitcoin and price comes down, that means it is small. and the opposite is also true, with a big buy price goes up easy!
and this can only change with time. the exchanges need to become bigger.
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it can't! because bitcoin will always remain a decentralized currency. and ethereum will always be a bad platform for smart contract which was never supposed to be a currency. and not to mention the alarmingly high transaction fees of its network (getting closer to $1) which comes from its terrible scaling issue.
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start by learning more about bitcoin yourself and then start teaching the people around you. the better you know bitcoin, the easier you can explain it to others. and you have any kind of business then accepting bitcoin in it can help a lot more than you may think. just put up a QR code and a sign saying bitcoin is accepted here and see the results.
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are you sure that they have enabled ETH withdrwal and not just added it to their exchange platform? but in any case, according to the news that came out about 2 weeks ago they have reached some aggreements with PBOC and according to that, we know the Chinese exchanges are opening withdrawals in June and we are 2 days away from June so it is possible that Huobi is doing it faster than others as competition only.
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what others forget to mention is that before choosing any of these exchanegs it is sometimes good that you read their terms of services and rules. for example poloniex will ask you to verify your account and it is located in US so it will need you to follow the AML/KYC rules and will limit your account. it also has a lot of issues whenever the pumps are going on.
similar verification is true for bittrex but with more flexibility and easier rules. it is also based in US IIRC.
c-cex on the other hand doesn't require any kind of verification and it is more flexible with anonymity. yobit is also the same but i don't recommend using it.
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i believe it is a bit too soon for a "price explosion" because we just had the biggest rise and now price is calm and we are experiencing the after correction accumulation phase. if this news came out a week or two earlier that would have made a big impact.
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