If we buy stuff with BTCand the company just sells it for cash right away, it's probably not good for the BTCprice.
What do you think? Will shopping with BTC be good or bad for BTC?
It's not the seller who sell the bitcoin right away. They use some third-party gateway who accepts the bitcoin and pays the vendor in fiat or traditional currency. So i guess the third-party holds the coin for themselves, thus not affecting the price of bitcoin.
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Currently all the new ICO are trying to develop platforms with different use case than Bitcoin, not similar at all, why people keep calling them altcoins although they are not alternative?
All crypto currencies or coins which are not bitcoin are considered as an alternative or in short alt coin. Bitcoin is the first crypto currency to be every made and other currencies were made based on bitcoin for which they are known as altcoin. Easier to separate them.
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How to start a trade with small amount? I am not a millionaire.I have jaust some money.I want to trade with my small amount.can I do this?Then how?
You can trade with any amount of coins you have. But do keep in mind that, investing small amount of money for trading will give you small amount of profit. So its going to be much better if you have larger amount of money to invest on trading. You will be making better profit. I would advise you to buy some decent amount of coins before investing.
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Bitcoin is dropping its value in 24 hours. Do we need to sell it now? or it will go rise again?
Well the price did drop and ended up going back within few hours. You should never be panicking when you see a price drop. All it does is make the situation more worse. And you only sell when you want to, not when you see the price has dropped.
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Even though ethereum has a better blockchain, people who are new and investing on crypto currencies for the first time do not know that. The news about crypto currencies are filled with bitcoin. So it is quite obvious that new investors tends to invest on bitcoin rather than choosing any other crypto currency, which causes rise in demand along with price.
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If you still have another vouch copy left, I would like to give it a try and give my honest opinion. Please check your inbox. Received a vouch copy. I would say the method will work, but i doubt you can be making $100 a day. Already knew it, cause it sounds too good to be true. You can be making some money though if you put on your effort.
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Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?
So you got your answer already, right? People keep on asking this same questions every day, yet they don't realize that they are missing their opportunity. If you had already had trusted bitcoin and invest $8,200 you could have made a $2,800 profit in just few days. Amazing returns, huh?
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Experience and techniques are two major factors that decides the fate of a trader. Taking the right call at the right time after studying the technical charts, trends and other needful analytics is the key to success. You may lose some money at the beginning but don't lose hope as these losses is the best teachers and helps to gain meaningful experience which nobody can teach you.
Just experience and techniques won't help. One will need to deeply understand and study the market before applying those techniques. Just jumping into trading will cause you to suffer huge losses. Start small and end up going big. Learn well and see how others do trading before you apply your own knowledge.
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I think altcoin only lasts for a year because most investors tend to choose new altcoins, especially from ICO projects. It's best to invest early and sell when it's profitable and stay calm before investing
I would suggest people to invest on trending or top alternative coins rather than investing on any kind of ICO projects. Most ICO fails and are just scams. See the forum and you will see a loads of shitty ICOs. ICO is more like gambling with more risks. You will eventually end up losing all your money if you are not cautious.
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Look at cryptococcus like the stock market. Can rise, can go down, can remain stable for a long time. How to use and or make money from this? trade regularly (buy low, sell high, ofcourse) or invest in it, hoping that it will rise in the future.
You shouldn't compare bitcoin trading with the stock market. Keep that in mind that bitcoin or any other crypto currency does not follow the traditional economic laws. They are hard to analyze. Just buying and hoping for the price to rise is not a wise thing to do. Buying low - selling high, its easy to say here but troublesome to apply it.
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people scam because they cant work their own to support their daily basis so that why they want an easy money than to work their own
That's a very lame excuse to scam people. They chose not to work and end up scamming people due to easy and quick money. Greediness is the key factor here. Once they successfully scam someone, they tend to scam more.
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Yes indeed. The concept of bitcoin is a bit complicated at first. So, I think we should empower our millenials, since they will be the one who will lead the future. And I think, it will not be too difficult since our millenials are more into social media.
That is the problem with our millennials. They are addicted to social media. The social media isn't the best source to get information. False news and rumors are all spread through the social media. It is hard to determine how much authentic those news are which are spread through social media.
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I think many people think that gold is better than bitcoin because gold has a special shape and high value. And quite stable. But bitcoin is actually more valuable than gold, but bitcoin is virtual money and people are afraid that it will disappear. That is why they say that gold is better than bitcoin
Not completely true. Not sure what you meant by shape, but its value also does not mean anything. Bitcoin also has a very high value, but people still hesitate to invest on bitcoin. Its just because of its stability, many people fear to lose money, where as gold has more stable value.
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If is it mined by the free electricity of the goverment I don't see why not .. I just don't understand why govs didn't jump into it.
There is nothing known as free electricity. They are using those electricity from tax payers money. If the government jumped into mining bitcoin, then they would be wasting millions of dollars of tax payers money, with us having no benefit.
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Yes, Of course you have been late. The Bitcoin and ETH price is so high now. But If you want, you can invest them now because they still grow in the future
Bitcoin is still on its initial stage and price isn't that high since it hasn't actually reached it true value. And one can always buy fractions of bitcoin if you are hesitating to buy one whole coins. You can still get profits from your fraction of coin.
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There is nothing ideal, and certainly at some point you will see much better and excellent cash than bitcoin. just waiting around time, perhaps a good coin and may substitute bitcoin is Ethereum and surf.
That won't be happening. Everything depends on the community. The better the community, the higher the value of a coin will be with better demands. Bitcoin has its own advantage as being the first crypto currency. We have a very strong community with just a little ups and downs. So no currency can take down bitcoin as long as the community stays strong.
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BTC is falling down now. It will recover in December. The target is $12000. I belive it.
Just some newbies who recently invested on bitcoin selling off their coins to make quick profit, nothing else. Will just take few days to recover back to $11,000. Is already around $10,500. There apparently is no fork and any one saying they are going ahead with segwit2x has probably been discarded already and we all know it is impossible to pull off. Probably it was just a way to create another FUD which did not work. Still, any fork that is going to happen next, since there is a stupid bitcoin silver that was supposed to happen by December, is not a threat to the value of bitcoin and it is just going to end up as stupid as it sounds.
Bitcoin silver? How many more stupid forks are we going to see? I thought the next one was bitcoin diamond.
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Its a good thing that McDonalds will accept bitcoin. But with current fee and confirmation time, it is going to be a total disaster. Pay more than $4 fee for a Big Mac burger that costs $5? Would make better sense if they used other faster altcoins.
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Prices are right now totally unpredictable. They are extremely volatile, jumping between $9,200-$10,500 as time goes with no stability. It even crossed $11,000, with the price now being around $10,200. $10,000 was predicted to be reached within the end of the year, but has already reached the target.We have another whole month and can expect to reach around $13,000-$14,000 before this month ends.
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At the CNBC global CFO conference, 97 CFO were asked about their views on bitcoin. 27.9% of them think the encrypted currency is trueBut in a bubble state~ So only 28% of the CFOs think that the bitcoin right now is in bubble state and the rest 72% per of the people are saying the opposite? Since minority of the people are saying that it is a bubble which might burst soon, you come to a conclusion that it is a bubble? Majority are saying that it is not a bubble, so lets trust them.
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