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6361  Economy / Trading Discussion / Re: which is better? trading crypto or trading stocks? on: November 18, 2017, 09:25:00 AM
Crypto trading is a very volatile trading with a higher risk though it has high risk to reward ratio I.e you can risk small amount of crypto to gain more profit you as well loss the the whole coin within a twinkle of seconds more so, in stock trading small risk is involved but risk to reward ratio is small due to it normal volatility.
6362  Bitcoin / Bitcoin Discussion / Re: Is it smart to day trade BTC? on: November 18, 2017, 02:14:56 AM
Hi,

Basically instead of only waiting for big dips to buy and highs to sell, I am talking about selling at regular high and buy it when it dips $100 lower for example many times a day.

Say you have 10 BTC, this should give you $1000 minus the fees no? So doing it many times through the day you might add a new BTC to your wealth?

Is this reasonable or is there something I am missing?



Thanks in advance.
You can embark on day trading of bitcoin only if you have the knowledge of reading the chart especially Japanese candlesticks and the ability to identify trending market, you can identify the beginning of a trend but might not know when it is going to end that is one of the risk involved.
6363  Economy / Marketplace / Re: Accepting bitcoin for service on: November 17, 2017, 01:14:23 PM
Hello

I'm totally new to bitcoin.
What needs to be done if i want to accept micro bitcoin for services that i offer? What type of set up i need to do?

Thanks
Steve
There are a lot of services that can  be offered and paid with bitcoin, but you have to learn a particular service first e.g graphic design and other services that you can learn once you know how to do these things definitely your service with will be sought after invariably you will earn bitcoin, in a nutshell work hard you will be rewarded appropriately.
6364  Economy / Speculation / Re: Bitcoin reaches 8000 USD on: November 17, 2017, 08:23:33 AM
I cant believe this

bitcoin is about to reach 8000 USD

The recovery is too fast. and there is a high chance for 10,000 USD by end of this year.


Yes, bitcoin is nearly hitting $8000, but for it to cross that benchmark it must break the level of the highest high( $8000) that was hit before the cancellation of SegWit2x if this level can broken then the journey will continue till $10,000 although there may some little correction or pullback but definitely it will hit $10,000.
6365  Alternate cryptocurrencies / Altcoin Discussion / Re: I hope you guys won't fall for this BCH joke on: November 17, 2017, 05:42:10 AM
I think these people just wants to elevates BCH by all means and undermine the value of bitcoin although all there efforts has proves futile now bitcoin is back again when SegWit2x was cancelled bitcoin experienced a little correction now the price is on the rise again. BCH cannot withstand bitcoin we just accept reality.
6366  Economy / Trading Discussion / Re: BTC price prediction till Dec'17 on: November 16, 2017, 06:36:40 PM
The price of bitcoin will be more than $8000 before DEC 17 presently it is around $7700 hopefully it going to break highest high that was hit during or before cancellation of Segwit2x once that high is broken the journey will continue upward to between $9000 to $10,000 this will a goods news to those holding their coins.
6367  Bitcoin / Bitcoin Discussion / Re: What impresses you the most about Bitcoin? on: November 16, 2017, 01:23:11 PM
No third party is involved when transferring or receiving bitcoin is what impressed me most about bitcoin unlike  the banking system  and bitcoin is also a decentralized currency and worked anonymously without anybody knowing the owner of a bitcoin, rather one can only know the amount sent or received via transaction ID.
6368  Bitcoin / Bitcoin Discussion / Re: How do people get their bitcoins? on: November 15, 2017, 09:35:31 PM
Some of my bitcoin is earned by offering programming  and data entry services at xbtfreelancer although the bitcoin earned from that site is not regular however most of the bitcoin I earned is obtained via signature campaigns in this forum, I was also involved in data entry by filling mrai I also got some small bitcoin from this service too.
6369  Alternate cryptocurrencies / Mining (Altcoins) / Re: MINING ON YOUR ANDROID PHONE on: November 15, 2017, 05:57:08 PM
I am really confused using mining ARM Miner, is it still working today?
Your android mining app can only run at 40 hash/sec  which is basically equivalent to a C.P.U obtained from an old laptop though okay for mining but it will not last long and not recommended for phone this may damage and bricked your phone  and battety because of constant heat which is generated.
6370  Economy / Trading Discussion / Re: bitcoin price back to an average of 7.2k$ on: November 15, 2017, 05:32:33 PM
The bitcoin value is back to 7200$ on an average.
Would there be another dip in the prices again like this one or do you feel that this price is temporary and it would go back to 6K$.
Should I invest in them ?
Bitcoin correction had ended you ought to have bought it when the price was hovering around $6400 to $6600 by now you must have been in profit because the price has risen to $7200 presently  hopefully the price will continue to rise, the price projection presently is bullish.
6371  Bitcoin / Bitcoin Discussion / How will bitcoin break this strong Resistance? on: November 14, 2017, 10:40:27 AM
It has been days now bitcoin had been hovering around this strong Resistance level $6500 to $6600
I believed it is only fundamentals that can break that resistance unfortunately SigWit2x was cancelled and there is no upcoming hardfork, maybe more buyers could help in breaking this resistance.
Suggestions and analysis is welcomed.
6372  Economy / Trading Discussion / Re: What's your current strategy? on: November 13, 2017, 02:39:31 PM
I always buy when the price has hit a support or resistance level and the type of candlestick formed, I have been trained with Japanese candlesticks pattern.
As a trader I usually wait to see a pin bar, bullish or bearish engulfing bars formed at those R/S levels before buying or selling couple with price action which is vital in trading of spot and also in cryptoccurrencies basically using a daily timeframe.
6373  Bitcoin / Bitcoin Discussion / Re: Would you like to enroll Crypto Currency Course? on: November 13, 2017, 09:48:13 AM
It is worth joining this cousera online course because cryptocurrencies is going to be globally accepted in a few years to come going by the way people have investing massively in ICOs, obtaining more knowledge in this regards will go a long way to empowers individuals who are updated in blockchain and will definitely create job opportunities.
6374  Bitcoin / Bitcoin Discussion / Re: Do you USE your BTC? on: November 13, 2017, 04:46:08 AM
I mostly used my BTC when I need some money, I do exchanged to fiat to paid for bills and to buy some stuffs I usually waited till when price of bitcoin rises up  e.g when the price was  above $7K I sold part of my BTC while presently the price had drop below $6K I will not sell again I prefer holding it until the price rises up.
6375  Economy / Speculation / Re: Will BTC go back to 7k+? on: November 12, 2017, 10:27:52 AM
It is obvious that history is just repeating itself as regards the price of bitcoin, this is not the first time the price will dropped, recalled when there was clamped down on exchanges by the Chinese government the price bitcoin dropped even below $4k there was panick sales before it rises up again, the same scenerio is repeating itself due to the cancellation of SegWit2x of course fees days to come the price of bitcoin will rise again.
6376  Bitcoin / Bitcoin Technical Support / Re: Is it safe to share my wallet address to some BTC site? on: November 11, 2017, 04:04:04 PM
Yes you can share your BTC address to any site in fact majority of members of this forum often display their bitcoin address on their profile, hackers cannot gain access to your account using your address BUT never reveal your private key to any site because it is the vital tool in accessing your account remotely by hackers.
6377  Bitcoin / Bitcoin Discussion / Re: why do governments don't make BTC illegal worldwide ? on: November 11, 2017, 03:37:00 PM
I'm wondering this because is such a real threat to bank system and we all know how banks and governments are tightly linked !

BTC could make people more autonomous, self-resilient, being their own bank. You can use it like cash, making your transaction almost untraceable (or untraceable using e.g. monero or dash or laundry systems) : this is governments worst nightmare, isn't it ?


Nature of transactions of bitcoin had make it difficult for most the government to make it illegal, anonymous transactions makes it untraceable and it will be effort in futility to deploy any Sophisticated computer to track and trace any bitcoin transactions by any government.
6378  Economy / Trading Discussion / Re: when do you buy ? on: November 11, 2017, 11:58:04 AM
Buying at pullback is the most appropriate time of buying bitcoin, a good candlestick trader knows when a price correction occurs, presently bitcoin had pullback to $6500 due to the cancellation of SegWit2x having reached a new record high of $7800, be as it may this is the approriate time to buy bitcoin I am very optimistic that the price will move up in a few days to come.
6379  Bitcoin / Bitcoin Discussion / Re: The advantages of bitcoin on: November 11, 2017, 08:28:48 AM
I have been sending bitcoin anonymously to my friends and I had also been receiving bitcoin earned from service offered, It is very obvious that this is the most outstanding advantage of bitcoin, More so there is no third parties involved all these transactions and my ability to exchange to fiat easily is also an advantage of bitcoin.
6380  Bitcoin / Bitcoin Discussion / Re: Segwit2x continuing the fork ! on: November 10, 2017, 08:34:23 PM
There is a crack in bitcoin community which is massively affecting the price of bitcoin, the stakeholders ought to have taken decisions from onset to cancel or allow SegWit2x to take place.
I am urging the stakeholders to come together a take decisive decision once for all for the progress of bitcoin.
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