|
Despite all the problems being faced by bitcoin presently I don't think it is possible for it to goes to zero, many investors has a firmed belief in the coin I am very optimistic after the Christmas period the price will move upward as in this is not the first time bitcoin will drop dip in trading history repeat itself.
|
|
|
|
Almost all the altcoins (and bitcoin too) went down alot yesterday. Does anybody have a clue what caused this major drop?
This is Christmas period majority of investors are exchanging their coins into fiat massively resulting into price drop I.e price correction, however this is not the first major drop in the price of bitcoin, there is tendency that the price will bounce back very soon. |
|
|
|
Due to growing concern on the drop in the price of bitcoin has prompted some exchanges to suspend trading this could further plunges the price according to this news article, as what is currently being experienced, the question now is when is bitcoin going to bounce back? http://www.bbc.com/news/business-42457983 |
|
|
|
|
There is a general belief that trading is only buying low and selling high although this is easy for a layman to trade but it goes beyond that for example the recent crash in the price of bitcoin some traders had really cashed on the cut in the price hoping to sell high but the price is still going down.
Be as it may to improve your trading, fundamentals analysis is key to a successful trading read news about upcoming events as it going to affect the price e.g many investors sold off some of their bitcoin to Fiat to celebrate Christmas this is one of effect of the sudden drop in the price of bitcoin.
|
|
|
|
|
This drop in the price of bitcoin could be attributed to massive dump as Christmas approaches a lot of sellers and panicked seller had joined the train, but the major problem now is scalability of bitcoin this is one of the major problem of blockchain technology presently there many unconfirmed transactions in the network which prompted higher fees I think it's high time this problem is solved else bitcoin will died as mentioned by the OP.
|
|
|
|
I invested about $3500 in bitcoin on 19th December, 2017. After that Bitcoin price has been decreasing and this decreasing is ruing non stop. Now I am in loss amount of $700. I am so much frustration with my investment  . I am waiting for better time. If you have any idea please share in this thread.  History always repeat itself as regards to the dwindling price of bitcoin, this is not the first we are experiencing such a scenario whenever bitcoin reaches a new highest high it crashes (correction) this is based on the past price behaviour I am very optimistic it is going to come out stronger just keep hodling your coins there are better days ahead. |
|
|
|
There are growing consign about the media not covering enough information about falling price of bitcoin according to this report, there should be detailed report of how bitcoin price is fairing in the market which should capture the overall price movement of bitcoin. http://www.bbc.com/news/business-42435995 |
|
|
|
As part of the economy I want to ask
•What do you think is the next big thing? by means bitcoin is getting higher and people should now invest in like what they did before.
•What coin like bitcoin you should invest in? is it bitcoingold? or the next coin that the developers will create
Personally I considered ethereum to be the next bitcoin because it is well developed coin that can handle many and faster transactions daily with a lower fees than bitcoin, ethereum is a coin developed with smart contract which makes it easier to use than other altcoins |
|
|
|
|
The journey to become a successful trader is not easy task however its takes a lot of learning, practising, demoing and researches thorough various medium such google and youtube having done or passed through all these requirements, then devise a trading strategy before trading with demo or a small capital (using amount of money you can afford to lose) after consistency in profit you can increase your investment.
|
|
|
|
So litecoin is continueing to grow after some people believed it would drop back, its at 350+ dollar at the moment and highly expected to reach 500 dollar in 2017 one of the reasons its seeing a pump right now again is because it appeared on CNBC fast money today with Brian kelly telling he bought some litecoin and him mentioning the reasons why he did that and why he thinks litecoin is a good currency: https://twitter.com/CNBCFastMoney/status/942895113709211648*technical lead over bitcoin *fast confirmation time *Accepted at steam Charlie Lee is also expected to give another interview next week which may help getting litecoin even more known. In short:  The recent growth of Litecoin can be attributed to it's massive advertisements and publicity, litecoin is being given massive exposure and some people belief that the recent surge in the price of bitcoin will also occur with litecoin thus many investors are pumping in funds into litecoin also it easier to buy a whole litecoin than fraction. |
|
|
|
|
These are some factors to be considered before choosing the type of trading to embark on, capital is very important factor and huge capital is required for long time trading ( weeks) while a small capital is required for a shorter timeframe ( day trading) be as it may both timeframe are profitable for trading depending on your capital studying the Cryptos and make researches to know those ones that are good in higher timeframe, finally devise a profitable trading strategy for your adopted timeframe to be used in trading.
|
|
|
|
Hi! Let's have a think about what programming language is more convenient, faster and easier to create blockchain based solutions (from 0 point). Please evaluate according to the following criteria:
1) number of usefull libraries (for block-chain dev.);
2) the complexity of language learning, ease of development;
3) stability;
4) skill requirements
5) number of developers on employment market.
All the reasoned answers are welcome!
I will go with C++ because the core of a blockchain is written in C++ and the bitcoin tree is also written in C++ meanwhile the wallets can be written in languages like python, Java and JavaScript, knowledge in C++ will make it easier to modify bitcoin source code |
|
|
|
Seems on the markets at present time BTC has come down. your thoughts on this and why you think it happened?
Do you think it will go back up? if BTC goes down way lower would it be wise to buy more into it
Really the price of bitcoin has been going down, there is no cause for panic sell because this is a usual occurrence if you have been an ardent follower of crypto markets, this is happened some few days ago when the price dropped dip from $16k+ to $12K before it rally upward, presently a pin bar candlestick is forming on daily timeframe which may signal upward trend in days ahead. |
|
|
|
|
Working with faucets to get satoshis is just like a beginner's course in working to earn bitcoin.
This is necessary to encourage a newbie in the world of cryptocurrencies to work hard in order to earn reasonable amount of bitcoin due to the present hike in the price of bitcoin, personally I also started with faucets before moving on filling of mrai.
|
|
|
|
I believe that the initial purpose of crypto is to create a digital currency for making transactions quick and easy. However, in reality it has become an asset which everybody is buying and holding. Continuing doing like this will destroy the initial purpose of the coin?
What is your opinion?
Crypto serves dual purposes i.e as a currency as well as an asset, as a currency it is being used in settlement of jobs and services offered online, meanwhile a lot people sees crypto as an asset due to it's appreciative features that is why people tends to buy and hodl Cryptos as a future investment. |
|
|
|
What is a decent amount of Bitcoin you should have to make day trading worth while?
Day trading with bitcoin depends on your risk to reward ratio you are targeting, meanwhile having 0.1 to 1 btc is sufficiently enough to start trading having in mind that you should trade with 10% of your capital in each trade and target 3 times reward or profit of your traded investment in addition to a sound money management. |
|
|
|
|
The excitement that greeted the coming of Christmas and gifts presented to our love ones is here again, the OP is soliciting for people to present him with bitcoin as Christmas gift, this is could have been easily achievable or accomplished few years ago when btc has a low value however the price of bitcoin has risen beyond gifting it out freely now hence everybody just wants to keep holding it.
|
|
|
|
These days the bitcoin prices are rising and falling over 1000$ in just minutes and have become highly unpredictable way more than before.
Does this make trading more difficult right now?
My belief is that due to high volatility in the price of bitcoin trading it defies any form of trading strategies personally I tried trading it with my spot forex trading strategy it fails completely, now I think the best strategy in trading btc it is to buy at pullbacks and hold or sell after it has risen to considerable high. |
|
|
|
So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?
Welcome to the world of cryptocurrency (bitcoin) this is a great opportunity for you to hodl your 0.03 btc and watch out how it will continue to grow in leaps and bound due to the volatility of btc in as much as you don't need it as fiat now just keep your bitcoin in a secured wallet. |
|
|
|
|
Show Posts
