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First of all bitcoin is the first crypto currency on the digital market, so it has its own edge over other different currency. Secondly, bitcoin has proven itself multiple times, which is why people believes on bitcoin. Forks took place, but the original bitcoin managed to survive without any issue. Even after China banned exchanges, bitcoin was still strong. Its the community that is keeping bitcoin alive.
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How come it's greedy when you hold your own coin for profit? You are not harming anyone or yourself when you are holding the coins. You are just acting smart, which is going to help you in the future. This is how most of the people make profit, so there is nothing greedy about holding your coins.
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If everything goes well and in favour of bitcoin, I don't think there will be any issue reaching 8000 USD within the end of the year. We know the price of bitcoins fluctuates a lot, but external factors play an important role for these fluctuations. In my Experience
I say yes it is very possible that btc can cross 8000$, but if there is no btc fork on November there will be a high chance for btc to go down a bit and will stable around 5500$ to 6000$.
The segwit2x fork has already been suspended due to lack of support. So i guess no other fork will take place within this month or year. |
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Hi, everyone. I got about $5000 to invest in crypto. Which one is more secure and profitable: trade crypto (yes, I'm a newbie) or invest in ICO? I've made my own research and investing in several ICO's seems more attractive for me, but want to know your opinions  Most ICOs are just shit and scam. They don't even have a working prototype. They take your money during ICO and never comes back. So you better avoid those ICO. You can try trading, but learn about the market first. Get to now how everything works and how the market is affected. Try trading small amounts first. Once you get enough experience, you can try investing on larger amount. |
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Oh, I see.
Are you busy right now? Can you teach me on how to increase the transaction fee on the sent transaction?
Most of the wallet allows you to send custom transaction fee. Are you using the the mobile app of blockchain.info's online wallet? If so, you can click on the "fee" and see three option. Normal, priority and customize fee. Click on customize fee and set you fee with the help of https://bitcoinfees.21.co |
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When will the youtube and other websites start to pay us with bitcoin?
You need to give them some time. After a mass adoption and people have started to embrace bitcoin, and bitcoin becomes a well known medium of exchange, then they might start accepting bitcoin. If steam can accept payments through bitcoin, why can't others? |
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I dnt knw what is the real answer.but to me yeah you have to be educated.atlst you have to know the language english.i mean the country i belong here english is not a regular language.and i cant work here with my traditional language.so you just need the basic language knowledge to work here.
Why would you need to know English to use bitcoin? You will find wallets that supports their native language. You will just need to know numbers and that is it. I wouldn't say that a person needs to be extremely knowledgeable to use bitcoin, but should know some basic of how things work when using bitcoin, how to transact and keep wallets safe. |
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$500-$600 is a very low budget and is not enough to run a casino. You will need a higher bank roll or else your bankroll can be cleaned easily by a whale. Heck, you won't even need a whale to clean you, one lucky user can clean it. To keep playing on the safe side you will have to limit your max win to a very small amount and limit features. You won't be able to attract users as a result of this.
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Is it good combination about bitcoin and our current government? lets talk about this things if these two option was combined in the future, Our government used bitcoin and spread to every people in there countries. For me it is good. why?
Because:
1. Is good for all businessman for good transactions. Buy something and sell something.
2. Is good for payments needs to pay like billings every month.
3. For less time and moved for travelling on anywhere we want.
4. Its easy to transfer money from other country with less taxes. this favor is aprove for ofw's
5. Easy to transfer money if they needed immediately like emergencies. pay for medicine.
Theres a lot of good reason.
I wouldn't say it's a good combination with our current government. Fiat can not be replaced with bitcoin, at least for now. If the government starts to acknowledge bitcoin, they will have to start regulating it, or will at least try to take control over it. Without regulation and control they won't be able to tax the citizens. |
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Actually a good thing that more people are interested in bitcoin. CMEs announcement did actually grab a lot of investors attention, which shows that the more institution/organizations start accepting bitcoin, the more people will get to know about it and start adopting bitcoin. Would say this is just the beginning.
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There are no tricks in winning a bet in gambling. All out comes are random, and the result can not be predicted with hundred percent accuracy. It all depends on your luck. All strategies are just gambler's fallacy where they believe that if something happens frequently, chances are it won't be happening again or will happen less in next few bets. So instead of wasting your time creating strategy, do some random bets.
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I remember that on 1st January 2017 , the price of bitcoin is about $1000, but now we can see the price is already over $7000. To be honest, that is why some people said this is bubble since the unbelievable rising of bitcoin. However, let us look back upon the history, we can tell that Email subvert the postal industry, Amazon subvert the retail industry. Furthermore, Will bitcoin subvert the traditional banking?
Above is just my personal idea.If you like or not, I wish everyone here have a nice day.
Bitcoin used to worth less than a cent back then. No one believed on bitcoin and never expecting bitcoin to live this long, let alone the price. But here we are, with bitcoin standing at $7300 and people still screaming that it will be dead soon. We can expect the price to go above $8000 within the end of the year if no issues arises. Bitcoin might take over the traditional banking system but not anytime soon. |
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I would say the best way is to start investing as soon as you see the price is starting to drop. Keep investing in smaller amount until you see the price going back up (which will happen, though it might take some time). Once the price start going up, keep holding most of the coins and sell smaller fractions just in case, to minimize your loss(less than you bought). Once the price reaches its peak point sell your all the coins you bought, and wait for the next crash.
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Bitcoin does have a future. If bitcoin can prevail and have control over its strength in the future, other remarkable alternative coins will also be able to hold a good future. One common misconception about bitcoin is its price. People think if the price is high and keeps on rising, it will have a good future. But that's not true at all!
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You may try to look for faucets. It may ask certain task for you to do for a small amount of cryptocurrency. Another are airdrops. Again you need to do here minor task like filling up forms for certain requirements and then you get your free cryptocurrrencies. Both doesn't give as much as bounties though but are good sources of free tokens.
Faucets are not worth doing to be honest. They are just waste of time. You just collect dusts which won't even cover your transaction fees. You are better off doing something more efficient and time worthy things. Or just buy the coins and hold it till you are satisfied with the profit. |
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I am very curious how exchanges like bittrex,bitfinex,cryptopia and so on process withdraws of any coins.
Ex:I request 1 btc to withdraw from bitterx to my exodus wallet.
Now every time i observe it never happen instantly means after some time like 5 minutes after the request was places the actual transaction get into blockchain.
So the question here is,they make this transaction manually?Means they transfer the coins from their personal wallet to my exodus wallet manually?
If its not manual then why is the 5 minutes time gap?
If its automatic then how this works means this automatic withdraw from a wallet to another wallet with coding ,can anyone refer to some example codes?
Lastly I understand this is not a very easy question to ans so I hope some very advanced and very knowledgeable person like a hero or legendary member will help me here.
As far as i know, they have hot wallets and cold wallets. Hot wallets do small transactions and gets refilled by cold wallets from time to time. When you do larger transactions, they check if hot wallet can cover the transaction. If it can't then the cold storage moves fund to the hot wallet for which some time takes place. And if the transaction is too large, then it is processed manually. |
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If they want to buy it as a medium of exchange and storage, then i would say go for bitcoin. You get profit and can use it for exchanging goods.
If you want guaranteed investment and store assets without suffering any kind of loss, i would say gold would be a better option. No technological stuffs needed.
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People who quit their job to focus on campaign, i wonder where do they live.No way someone can go on with $70-80 per week unless they live in a developing or underdeveloped countries. Its much better to do a job and buy bitcoins with their portion of savings and hold the coins. One of Bitcoin misconceptions is to whether it can be used as a direct medium of exchange. As of now, some of the online products and services can be bought or payed directly to bitcoin. And for some ways it can be converted/exchanged to your country's currency through your e-wallet and banks that accepts btc exchange.
I don't think that's a misconception. Bitcoin can be used as a direct medium of exchange, its just the people who are not willing to accept the technology. |
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Since the beginning of the year 2017 Bitcoin Break all rules and continuous increase but last months bitcoin rise more than 1,000$ like 100$ So Do you think bitcoin will Keep beak all economics rules and rises more than 1000$ or It has reached saturation limit  ? Its not breaking any kind of rule. It never had any rule and never followed the traditional economic/market laws. We might see some crash coming soon due to the upcoming segwit2x fork. People who understands how the fork is going to work will be investing now to get bitcoin2x but others will panic and sell. If no issues/barriers come, we can expect the price to go higher than $8000 USD within the end of the year. |
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What I know is it helped removing poverty. Many poor people became rich just because of bitcoins. I think its great for all of us.
Poor people becoming rich does not means that unemployment has been removed. Even a rich person can be unemployed causing hamper in economic development. Bitcoin can eliminate unemployment.Specially the unemployed youths can work for bitcoin and earn money. Again they can trade bitcoin,invest them,hold them and sell them and can earn money.It is possible even staying at home only using internet.
Easy to say, but hard to execute. Trading and investing all has its risk. And if a person works for bitcoin he cannot be termed as unemployed. |
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