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Its not necessarily a bad idea, i think i would subscribe and i like the "bite sized" idea,
I like quick reading, no waffle just to the point news alerts.
A weekly newsletter would be difficult, it would be in competition with more established
daily running alternatives. Our crypto space moving fast and people are constantly
connected si there would be tonnes of work and development needed to get up to speed
and the marketing would be immense.
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It could be possible for bitcoin to reach the $40,000 mark the OP suggests, anything is possible
even another bubble like we had back in December '17 and January '18.
Its all speculation really but there is a good chance of it passing $15000 because at the moment
there is a sudden interest in the markets and when everyone gets a taste of a price rises they wont
want to miss out.
A number of comments here and there have pointed to the past performance of the markets in
the latter half of year being better than the first half bearing in mind though the old saying...
"Past performance is not a reliable indication of future performance"
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I agree!
Unfortunately because of the bitcoin volatility people are speculating on its value.
Its hard to get away from calling it an investment because of this and also because
of its positive long term outlook so there is Hoarding, Trading and a smaller amount
of spending.
Governments want a to collect their share from people liquidating back into FIAT
so they have to give it a name. I suppose if we all kept bitcoin etc. seperate from
FIAT and traded among ourselves for goods and services it would be different.
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I was thinking that it might get approved just based on the fact that bitcoin is accepted
more by institutional investors with the futures trading.
Judging by one of the reasons for the winklevoss rejection:
The order states that one of the major reason that the application was disapproved
is the fact that it couldn’t establish a means of compliance that bitcoin markets are
not subject to fraud or manipulation.
How will the CBOE application meet the above requirement?
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Blockchain can be applied to almost any industry which uses a computer in its offices.
The technology can even be used in almost every industry, even in Banana growing.
It can be used in the Collection and storing of data, used in the transportation, delivery,
sale, invoicing and payment of any goods, including those banana's!
We are only scratching the surface at the moment as regards its application.
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I have read several posts on this forum where people have claimed to have invested all the money they have on Bitcoin, I also read a post where a guy claimed to have used all the $20,000 his uncle gave him to also invest in Bitcoin, some even sold their landed property. The reason for these risks and others is the firm believe that Bitcoin would be $50,000 - $100,000 by the year 2019 or thereabout.
First, I must say that I admire the courage and high risk appetite of such persons. But, I must also warn.
Yes, It is good for everyone to have high hopes for Bitcoin, and also hope it gets to 100k USD in future, but you should also consider a safety factor in anything you do including investing.
Mathematically,
DO NOT Assume,
P(Success of future term) = 1 ; and
P(Failure of future term) = 0
This implies that, you must always leave a little fraction for probability of failure which in this case is the safety factor, no matter how little the fraction may be. Simply put, you don't have absolute control of what happens to Bitcoin and Cryptocurrencies in the future.
Invest wisely, only invest what you can afford to loose
Just a piece of advice.
What are your own suggestions?
Well for those people you mention, f they had invested in Jan/Feb of last year or earlier they would be having a very healthy return today! Timing is an important factor. I would be so bold as to say any investment now will reap rewards in the future, but it is not something I would be willing to do, liquidating everything I have into crypro. Indeed I am in only with what I am comfortable with loosing. |
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My ultimate favourites are Litecoin, Ethereum Classic, Sia, EOS and Augur.
Coins which have a track record and are in constant development, Coins
which can potentially 'mature' further this year like my choice above.
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I use Blockfolio and i really wasnt aware there were others as good as you have presented above, thanks.
Looks like Delta is a step above blockfolio and cointracking is the 'professionals' choice with an upgraded
paid service.
Im not sure i would change at the moment. Which one was your pick?
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We all know competition is good for the consumer. The weak unpopular exchanges will of
course be over taken by the popular exchanges which offer good features for customers.
The markets have changed somewhat with the recent introduction of futures trading, new
exchanges are offering this in the crypto space.
With more exchanges I would like to thing that we will all benefit.
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There is one thing we can predict, on the run up to the ETF decision the markets
will have grown but after the decision anything can happen.
The likely scenario is that the prices will fall back with either decision because
that is what has happened many times before. The markets have gone backwards
just when people were expecting the opposite because of speculation
"Buy the hype, sell the news"
The fall back will be temporary though because the markets will have grown so
much speculation will continue if thETF is rejected.
If ETF is accepted the markets will also rise with new investors.
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While we as a community are here because we want to avoid the control of the banks and governments
Of our funds, taxation is a topic which will always divide opinions.
In my mind i consider taxation to be necessary but it pains me to give into that fact.
If no taxes are paid or collected how would health, education, social services and emergency services
be funded? if you are not willing to pay tax should you be given access to any of the above services
which are funded by tax payers?
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as OgNasty has pointed out the site traffic is directly related to Bitcoins value
in December and early January the interest in Bitcoin grew phenomenally as
newcomers flocked to the site to search for and learn as much as they could
and the fact that there were/are so many threads with duplicating information
finding what one was looking for contributed to a lot of traffic.
This will all happen again when the the FIAT values climb.
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My thought on offering an account as collateral is that it could be looked on as
account selling by stealth.
If I really want to sell my account I could apply for a loan and offer the account
as collateral and just not pay the loan back so in effect I have sold my account!
On the issue of selling an account received as collateral, I dont have an issue.
I these transactions are allowed the lender has to retrieve their funds and the
buyer of the account can potentially rank up.
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Well there is certainly more positive activity in the markets creating green signals but I think
the markets are a bit cautious. Just when news of an ETF postponement is being realised there
is a slight correction.
Anyway as has been stated, bitcoin didnt go anywhere to come BACK. At $6000 that value is
beyond anyones wildest dreams going back to January ok ast year for example.
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Someone here on the forum had mentioned that it could be delayed and if
I remember right this also happened last year, there was a delay then also.
I also think it is good for the markets as it gives more time for them to
grow and for more people to speculate.
Personally im not sure why they would need another 8 weeks to make a
decision and i recon it will be approved anyway,
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Images in signatures isn't a great idea since people then Chuck annoying flashy gifs into them and a bad computer loading 20 crappy gifs is likely to crash and also it makes the site quite a bit heavier so more bandwidth is needed to load the forum client-side.
I'd say there should be a rank at about $1000/$2000 @ 0.1-0.4BTC.
What decade is this? The 90s? If somebody's computer can't handle a few gifs then they should either get a new computer or disable sigs. Besides, this wouldn't be for everybody and ideally only come with the costly premium rank which few people would likely have. You could disallow gifs anyway and just have jpegs or whatever, but images can't really be much more flashy than the current signatures here which are designed to catch your eye and emulate an image as much as possible. They're just bigger avatars at the end of the day and I haven't really seen any issues with those so I don't think an image banner allowed in the sigs of the few that have coughed up for the premium donator rank would be such an issue. Sounds cool but that way, the forum becomes a gold digging machine rather than a place for people to share experience & knowledge.
The forum is already a gold digging machine. We need to find ways to make that manageable before the only people left posting here are the gold diggers or signatures are disabled for everyone forever (and then those gold diggers who have ruined everything int first place will all leave in a mass exodus). Going forward do people think membership will be split between paid and unpaid membership And where the paid membership will only be able to participate in bounty programs? It is already heading in that direction with the Merit system and with the Copper account requirement for some bounties. I would buy into a silver or gold account even though im on the verge of getting a copper one. |
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I would speculate that everyone has some of those type of coins.
Sometimes the only way we can take advantage to sell is if the
particular coin is being pumped by a group and we are in a position
to take advantage which is usually within a very small window
Another option is to just take the hit and trade them into something
useful like any other coin in the top 20 on coinmarketcap.
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Still a long ways from mainstream merchant adoption, it would appear.
It's because people don't use Bitcoin as currency. It's mainly speculation that makes people not willing to use it as currency, and then we have people who are afraid of using it as currency because it might turn out to go up in value. We can't change people's speculative nature, but we can point out that spending coins won't make you lose out on future increases if you replace every spent satoshi. It allows Bitcoin to circulate just like how money circulates, which is what money is for right? I honestly haven't seen any sort of increase in people using crypto in general as currency throughout the years. Maybe a sign that in the same way not much will change in the coming years.... This and the volatility in the markets add to the speculative nature of a lot of people in crypto. Everyone has heard the stories of people who made it big with Bitcoin and feel there are big rewards to be had. As long as we are getting big market swings people will be looking to either buy in or sell out at opportune times. I am in the market currently to buy a turntable with Bitcoin and being in Europe, I did come across this site > https://www.alza.de which accepts Bitcoin payments https://www.alza.de/zahlungsoptionen-art10086.htm |
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To see bitcoin on 1 million dollar or Ethereum to 10000 dollar, we must all understand that it takes mass adoption to get on that point. And mass adoption begins from home, so how do you educate your friends and family about crypto? Do share so we can all learn from each other's method  Well i am lucky in that all of my family think positively about crypto but as far as friends and acquaintances go for explaining about crypto I always start at the start - bitcoin and how it came about and for what reason. The key is to use simple language and avoid to whole "get rich quick" idea. It can almost be like guiding a blind person through a street full of people Nice and steady trying not to make a dfastic move. |
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I have some big buyers at $5000. Looks like it is going back to $4800
Some 100,000 Bitcoin could be sold. Some 4,000,000 Bitcoins were purchased before 2011
What is this about? Im not sure the market rise is a surprise, the bulls are out to play while the bears seem to have gone to hibernate. We have also seen posrs stating that traditionally the markets are green in the second half of the year and this could just be the start of a positive run everyone was so hoping for. |
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