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Bitcoin is highly overbought and overpriced right now. I don't suggest anyone to buy at present because after the fork on 25th Oct, price is set to drop and needed correction will definitely happen.
BTG might be a next shit coin. Therefore, there is no need to buy Bitcoin more in order to get BTG. Rather this is the best time to invest more in altcoins. They are available at best price possible and will shoot up after fork as people would be selling their Bitcoin and getting back to altcoins. If you wanna buy Bitcoin, get in after fork unless you dearly need BTG.
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Hey
Can you please accelerate my this transaction
0535e521af4109e12908ee93f0f561d4767a52e60dbac1200a3a6937547084d8
Thank you
Your transaction has been accelerated . It should get confirmed soon. However, since its size is above 500 bytes, I would expect a tip  . As soon as my transaction get confirmed, I ll definitely pay you a tip. Thank you |
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Hey
Can you please accelerate my this transaction
0535e521af4109e12908ee93f0f561d4767a52e60dbac1200a3a6937547084d8
Thank you
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Anyone known why ZEN price pump? did they stable or dump after.
In case it stable i will move my rig here to mine
Due to leaked palm beach report october edition which includes ZenCash. Still not sure whether it is legit or not. But buying activity has tremendously increased. |
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you see he is from US, the same country with multiple gigantic companies accepting bitcoin (the same bitcoin he calls fraud) as payment. Microsoft, Dell, Overstock.com, Valve, even PayPal has partnered up with coinbase and bitpay!, and a lot more... are all these accepting a "fraud" or just one guy is an idiot  Those companies aren't really helping bitcoin,those big commercial names would just swallow the concepts and sell it.I'm against those corporates interfering with bitcoins. Actually, when Bitcoin is decentralized then it is decentralized for everyone from giant centralized corporate to any single person. Even I don't like corporate interference with Bitcoin. But unfortunately many whales we talk about having large share of Bitcoins are from this corporate world only who bought extensively last and this year and have a perfect portfolio and are now coming public with their support to Bitcoin or cryptos. They indeed have a complete plan to manipulate the market when required. But unfortunately there is again a competition among those giant bankers and hence can't solely drive the market as they will be resisted by other bulk holders. |
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One of the big reasons why cryptocurrency most specially Bitcoin has not yet become a major currency (compared to the long-established fiat counterparts) is the lack of accessible infrastructure that an ordinary user or holder can use to purchase products and services. Hopefully, with many companies now coming with their own debit cards which anybody can use online or offline then maybe we can expect more and more transactions done using Bitcoin. With a potentially booming business in cryptocurrency related activities, I am sure that there would be more players in this industry and consumers can have many good choices.
Well if you say that 37th in rank of market cap is not a major then you are correct. But fighting with the GBP for the 37th position is something major for me... and ETH is fighting with PHILIPPINES for the 46th place... So I would say they are pretty major for me.. Even BCH is in the top 100. Fighting Serbia for the 98th place... Don't forget Bitcoin here representing a global currency and not a national currency with restricted borders. This makes the marketcap sound nothing as compared to some dominant fiat currencies. Hardly some hundred million people hold Bitcoin. That doesn't makes it a global currency. Marketcap need to touch at least a trillion dollar cap and user base needs to increase in some billions to make vendors and merchants actually accept Bitcoin as payment medium globally. This GDP comparison is irrelevant here. |
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Over the last 3 months, the price of Bitcoin has more than doubled - from $2,300 to $5,300. Accordingly, the market cap has grown from circa $40 billion to around $93 billion. Bitcoin is up more than 400% this year. Another important metric to take a look at is the 24h trading volume. Back in July it was around $1 billion, and since then it has quadrupled, and now it is at $4 billion. Hence, with the growing Bitcoin popularity, speculation grows as well (you can obviously see that on the graph below, which represents year-to-date data). Digital currencies now are stronger than ever. Yet, what it is clear now is that digital currencies are as strong as ever. And their popularity as well as global demand will only likely to grow in the nearest future. Material is taken from here. Bitcoin will never be Bitcoin without this amazing and superb growth. In fact, it would just be another cryptocurrency or maybe just another investment tool if not for the wild ride that it got into. Maybe the media would not be talking about, celebrities would not be investing on it and even many governments would not decide to ban Bitcoin-related activities had it been just another passing story. One thing for sure is that Bitcoin is here to stay. The road to massive adoption is not an easy one as there would always be big and small challenges. The year 2017 can be recorded as the most intense year for Bitcoin and there are so many lessons we can all learn. Next year we are hoping for an easier ride and hopefully there would be new markets that can open for cryptocurrency as a whole. Long live, Bitcoin! These coming 3-4 years starting from 2017 would be transformation of Bitcoin from being infamous to getting mainstream. I expect this high growth with higher the fluctuation to continue for more years. Investors have only started to coming in. I doubt that we have even touched the number of 100 million investors or even a 1% of global population. The potential market is of Billions and thus the demand is expected to increase exponentially in coming years. There are many good signs that we have seen this year that guarantees the future demand like banks which were vary earlier of cryptos are considering them now to setup a financial system for cryptos, countries are increasingly adopting cryptos which will lead as an example for many more, investors are getting interested in Bitcoins etc. Trend has only started. |
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Just goes to show how this man alone can manipulate bitcoin without openly admitting he's invested into it. The way how he talks and give comments about the coin just shows that he also has his own money invested into it. Just watch this man take back his own statement when several other business firms "studies" and "looks" into investing their money into bitcoin. Of course since he has a head start, he'll try to take care of those coins very well and dump it in the face of other people when he's made enough profit.
Actually the main reason of his new statement to not to talk anymore about Bitcoin is the JPMorgan biggest competitors in banking world. From Canada to USA, some big bankers have decided to provide financial services in cryptocurrencies. Where the Wall Street rivals Goldman Sachs and Morgan Stanley are already considering Bitcoin, JPMorgan simply can't lose the market by being wary of cryptos. Thus, such statement was indeed required. They can't openly inherit cryptocurrencies in their system by speaking against it. |
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But how does those regulations effect me if I earn and spend Bitcoin on Internet only?
Government and their regulations are only impactful when Bitcoin is converted to fiat or fiat to Bitcoin. Government can do just nothing when Bitcoin is on internet. Even if government puts a ban on cryptos, there are tons of ways to escape those bans when it comes to internet. Right now Bitcoin doesn't have much utility and is being used as investment for growing fiat. But with more utility people will find ways to use their Bitcoins online and governments will most probably will lose hold if any.
Unless you spend your coins for games or losing them at casinos all your purchases are made also in the real world with real physical products that are traced back to you. And those purchases will get taxed, as the tax is applied and held by the seller. Either you haven't heard about TOR or you are being plain ignorant. What I said is even if government puts a ban and restrain the use of Cryptocurrencies, there are ways available that can very well hide users identity. Why you think Darkweb and torrents are still there? Also unless you are involved in some illegal activities, online service purchases will still be secure unless your identity is involved. Bitcoin can easily be converted to gift cards anonymously and can be used for purchases and you really think government can always catch you? Wait for increase in Bitcoin utility, you'll find many more ways. |
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regulating something has nothing to do with it being centralized or decentralized. you are still living in a country under the rules of that country and you are using the local currency of that country to buy bitcoin. and you use that bitcoin to buy stuff from shops that are working under the laws of that country.
that is what regulation means.
for example some countries see bitcoin as an asset and say when you buy it and hold it, you have to pay capital gains (i think it is called) taxes.
or some other places say when you open a business with bitcoin you have to get a license first. just like when you open a business with fiat.
But how does those regulations effect me if I earn and spend Bitcoin on Internet only? Government and their regulations are only impactful when Bitcoin is converted to fiat or fiat to Bitcoin. Government can do just nothing when Bitcoin is on internet. Even if government puts a ban on cryptos, there are tons of ways to escape those bans when it comes to internet. Right now Bitcoin doesn't have much utility and is being used as investment for growing fiat. But with more utility people will find ways to use their Bitcoins online and governments will most probably will lose hold if any. |
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Hey everyone finally the price of bitcoins is increasing and was becoming more stable but ! Its price is again decreasing now... You know it will be very nice if you guys instead of dumping them hold on to them... Dumping the bitcoins in panic because of the fear of the price never reaching this high value in future.. does affects the price of bitcoins in a very bad way! Yes some people get profit form it but!!!it decrease your future chances of earning even more higher profit... And so does for everyone else... You think traders are listening you? This is best time to earn some decent profit by selling off Bitcoin and then buying back at dip which must be happening in some days as minor correction. These uptrends provide traders with the opportunity of profit. You think Bitcoin won't FOMO? You ll find many here who will be selling their holdings because of fear of missing out and they will be the one who might bring a dip. That is why it is said after Bitcoin touches ATH, there is always a correction. But right now many will not sell their holdings as Bitcoin Gold fork is approaching and everyone is waiting for their free BTG. Both of the above things are expected to happen after fork. |
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Instead of trying Bitcoin mining, try altcoin mining if you want some better ROI. Don't fall for genesis or cloud mining. If you invest $1k in them, trust me you need to wait for a year just to get your $1k back. Forget about ROI. Moreover, scam rates are way too high. Instead of that if you invest the same amount in buying Bitcoin, ROI will be much better and you can make decent profit in a period of a year. If you are inclined towards mining, go for LTC, XMR, ETH or ETC mining. They are more profitable. You can try masternode staking as well as an alternative to mining.
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Bitcoin price has reached $5k+ today that all because of approaching BTG fork. People are abandoning altcoins and shifting their holdings towards Bitcoin that resulted into increased buying activity and hence price. Within 24-48 hrs, there might be a minimal drop as well. But price will remain bullish until Segwit2x fork. I am bit skeptical about the outcomes of Segwit2x fork.
Regarding price touching $10k by next year. There is high possibility that price will end up $10k+ by next year easily. Investor's interests will obviously increase as the ROI bitcoin offers in short period is way better than traditional investment assets. Earlier investors were skeptical about Bitcoin sustaining its price in long term and according to current trends cryptocurrencies can grow consistently at least for a decade. There is immense potential still left and market is still amateur. Entering right now will be highly profitable.
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Please don't just post in gambling discussion, trading discussion, bitcoin discussion and economics. Everyone who has been denied has only been posting there and that is the main reason you were denied.
I try to post in different sections with quality posts. I refrain from altcoin as the discussions are mere worthless there. But okay no issues. Man you are really very selective. I left Chipmixer to join your campaign, but you are more choosy than Darkstar. LOL! Anyways, you are doing great job! Sorry mate, I think I overlooked you. You are welcome to join if you wish. Ohh okay! If there are spots left for Hero member, then count me in. |
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Please don't just post in gambling discussion, trading discussion, bitcoin discussion and economics. Everyone who has been denied has only been posting there and that is the main reason you were denied.
I try to post in different sections with quality posts. I refrain from altcoin as the discussions are mere worthless there. But okay no issues. Man you are really very selective. I left Chipmixer to join your campaign, but you are more choosy than Darkstar. LOL! Anyways, you are doing great job! |
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The worst mistake these so called experts are making is to compare Bitcoin with Internet bubble and stock bubble. The thing they don't understand is that Bitcoin is not at all comparable to them, along with being an investment asset, bitcoin is a currency as well. It is decentralized. It might not have much utility as for now. But there will be an increase in utility in future. Bitcoin is a completely different kind of monetary system and talking about its potential. I would say by looking at market it is disrupting, it has long to go.
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