I came across several threads on the forums about bitcoin as their source of income, people leaving their day jobs just to focus on campaigns here in the forum.
Why most of the people in the forum sees bitcoin as currency that you need to spend everyday? On my opinion at this point of time for bitcoin it is better to consider it as an asset, an investment that if you keep it there is a big chance that your investment will grow. Think of its future potential, at this time each coin cost $5600+ when maybe about 100 million people who is using it. imagine what will the price be if 1 billion people uses it in the future how much will the price be? And this also applies to alt coins. As much as possible keep you coins and wait for the price to boom.
Let me enlighten why people are quitting their jobs to earn money through campaigns here, actually meant. Basically, if they got a couple of accounts farmed to Full Member+ in a few months, they would be able to earn around 5-7 mBTC per account per week and that sums up to 25-35 mBTC per month. With more number of accounts, the earnings just keep going up and if at all you compare these earnings to the wages in a third world country, you would know the difference. (By no means do I support account farmers, just passing on the knowledge) So what would you rather do? Settle for petty wages or make bank running an account farm? The choice for a money-minded is obvious in this case and this is exactly why they can't treat it as an investment. |
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I am yet to fully understand how the bitcoin or any crypto, works entierly and if someone does not mind helping me clear a few thoughts that cross my mind.
if there's only 21 million bitcoins to be mined by year 2100+ , why is that the majority have already been mined in such a short amount of time, why has it been so "easy" ?
My understanding is that the miners are the ones that keep the blockchain alive. Now, that it will get harder and harder for them to mine, they will be less and less miners in the blockchain.
If they will make income of just the transactions, wouldn't that make up for higher fees? If so, doesn't that go against the whole idea of having small fees, compare to what the current banks offer.
At the end of the day, crypto its a good investment or opportunity for people to make money but when theres no money to be made, then what?
Thanks .
This is mostly because Bitcoin gained a lot of traction when it surpassed the $1000 mark a few years ago. At that time, it saw a growth of over 80% new users and obviously a good amount of them would've started mining. As we move ahead, keep in mind that the block reward will keep decreasing exponentially as more and more BTC is mined. With more users mining, it could reach 85-90% of total supply in a few years from now and the last 10% would probably take a decade or two. |
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Altcoins are keep crashing, as Bitcoin keep on rising to the new highs. So when do you think one can start buying altcoins??
This is probably the best window to buy altcoins or even a week from now as prices will continue to drop due to the upcoming forks. If you recognize altcoins/ICOs with potential growth, this seems like an ideal time to pounce in with investments as altcoins could never get any cheaper. I'm calling late November to be the time when altcoins start gaining traction back into the green side of things with the established and potential ones performing x10's or even larger surges. |
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More of a situation where everyone wants to stock up BTC just before the fork and as a result of this the demand is seemingly high which in turn makes the price keep going upwards. With Bitcoin Gold ans SegWit2x around the corner, expect the price is go above $6k just by the buy-ins for the pre-forks. Other than the forks, China's influence over Bitcoin trade and its price is almost eradicated and Bitcoin is still holdings its own, which is a big indicator that manipulation by countries can never cause the demise of cryptocurrencies.
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All the exchanges which offered Bitcoin Cash during the August 1st fork will mostly likely give out Bitcoin Gold after the October 25th fork. Never understood why many users still prefer their money to be on exchanges while it is much safer holding your coins in a wallet with private key access as it is much more convenient instead of checking up with exchanges to disburse the Bitcoin Gold.
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It's a hard thought for any country to complete digitise monetary transactions as all the currency notes and coins printed till date could completely go waste. If at all something, this is just an idea to push for fiat-less transactions throughout the country from small outlets to big companies.
If Sweden would actually end up doing this, I would definitely expect other countries to follow suite especially non-communist and developing countries around the world.
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Wow! Arsenal just lost 2-1 and Watford is now #4 in the league table, a champions league spot. Don't get me started with the penalty call, Arsenal didn't play at their fullest and Watford could have pulled the win, even without the penalty. Arsenal has been declining for the last 3, 4 years thanks to Wenger. Poor Arsenal fans. I think the big winner this weekend is Manchester City. Not only did they score 7 freaking goals today, but they have a bigger lead now (+9 points chelsea, +9 Arsenal, +9 Liverpool). Chelsea lost to a team that lost ALL their previous games and didn't score a single goal until now: how pathetic is that? i didn't watch the game, but did Chelsea play that bad? Good for Palace. All in all, crazy matchday!
I was very shocked by the outcome of that game and it seems there are a lot of last minute goals happening today. A win for Arsenal today would have taken them to their favorite fourth position but am sure they will be happy languishing at the 6th position for the time being. Shocked about what? Underwhelming performances and unconvincing wins throughout the season and what more did you expect? Arsenal have never won on the road in this season and it's already becoming a mental blockade. With Ozil and Sanchez nearing the exit door, if Wenger does not make any signings in the winter window, expect Arsenal to fall off to a double digit place in the table. |
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So, I'm sure many of you have seen tipsters on this section, in your Twitter, in chatrooms and some other places - it's the people who suggest you to place bets on certain picks in sports. And maybe some of you have asked yourself a question - why they are doing it? Why they are giving us advises how to win money absolutely for free - and by doing this they decrease their own profit, since the winning pool grows bigger as people follow their tips. Can anyone explain this?
In gambling and betting, nothing is for sure. By this, I mean that not every pick posted by someone could come true. They wish to share their opinion on a bet that could go either ways with hopes to help the ones without too much of betting knowledge. Also keep in mind that if you follow the predictions and place bets on a particular bookie, the odds will not shift too much to deny you profit. |
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What was the price of Bitcoin when he called it a fraud a few weeks ago? $4000 or so as far as I can remember. Yesterday he opened his mouth again to trash Bitcoin and what is the price now? Profit for all the holders and now it is pretty much clear that the actual fraud is Jamie Dimon's mouth over all other things
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Good catch, I had no idea about this so yeah need to be watchful about money-thirsty ones using our account links just to get into airdrops. As a measure to counter this, bounty managers HAVE to step it up with proper verification at the time of creating the spreadsheet to make sure these activities do not happen any further.
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With the recent forks coming soon, we are starting to see a huge appreciation of BTC...obv everyone is buyng now
My question is...wont this affect ICO's?
A lot of them recieve btc investments and they could hit they hard cap 20-25% earlier due to the increase of BTC price. Wont this force them to close the ICO, and raise a lot less than eventually planned...if we compare to dollar price.
This is a really hard period for ICOs and altcoins in general. Holders are dumping everything in their hands just to get enough BTC before the fork and don't expect altcoins to stabilise for a till November as investors are more interested in making profit off the chain split. |
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-snip-
13abyknight - Megathreads (and altcoin posts/campaign posts that you seem to complain about with Stedsm)
Thanks for your feedback. I refrain from posting on megathreads as much as possible and you'll notice this upon double checking my posts. About the altcoin posts, I've been promoting altcoin related projects through signature campaigns for most of the part and the highest outreach would obviously be on the altcoin boards. |
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I'm a fan of decentralized platforms and their communities Please suggest projects that I might be interested in I'm hungry and foolish!  Most of the up and coming projects are all decentralised ones based on their own platform. Be careful while choosing between projects as some of them calling themselves decentralised are actually centralised. Look around in the altcoin announcements section, it might satisfy your seemingly insatiable hunger. |
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At least this wasn't an ICO coin where people would end up losing their money in the case. Cheeky developers create some hype basing BTC & ETH and everyone steps forward to push its price above an average shitcoin's price. At this point it kind of got obvious that the devs would dump their holdings straight into exchanges for whatever price they could salvage and run away with it.
Staying away from these trending eShitcoins could be the best solution in this case and if you love your money, don't buy it from exchanges at all.
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Having to choose between the two, I would pick Cryptopia over CE. Been using the former extensively to trade some lesser known coins which never made it to the big exchanges. The trading interface, ease of trade and account accessibility makes it a viable option to trade on. Deposit and withdrawals are really fast considering the fee that is imposed on the latter.
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Would be absolutely absurd if this actually happens although I don't see it happening. Just like last time during the Bitcoin Cash fork, the prices skyrocketed post the hard fork and I'm expecting a similar scenario this month. One of those times when everyone will be dumping altcoins just to gain some extra Bitcoin gold to dump, the demand for BTC can be expected to shoot up in the coming week and expect $6k to be near the corner.
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Bitcoin in general has had way faster progress climbing up in price from when it came into existence, compared to gold. On the other hand, gold which has been a depleting resource has soared up in the past century. Just imagine where the price of Bitcoin would be as we near the 21 million total supply mark.
Then again, comparing a physical resource to a digital currency just because of the price is absurd as they're nowhere connected to each other.
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If you trade any of the underlisted assets on Novaexchange please move the out before the 30th of October 2017 because they are being delisted. If you own any of the coins you'd better contact the platform to sort things out with them.
020
ADAM
ALIEN
BXT
CIR
CLUB
CRC
ENV
EXL
INCH
INGT
INSANE
JOCKER
JOK
KGB
LOCK
MTLMC
NTN
ORLY
POSIV
PSC
SDASH
TRDR
WEEK
XFUNK
Looks like a list full of shitcoins with no future and you could call it almost irrelevant in this world of up and coming cryptocurrencies. Probably heard of a couple of them but they have no substantial progress from the day of release and for obvious reasons, no exchange wants to be filled with shitcoins playing the pump and dump games. |
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Hey, Anyone knows the daily reasonable price to buy or sell the Bitcoin? I've some money want to invest but the daily price change is annoying me. I don't know what price is reasonable? Then I found this website, http://digicoinvalue.com/daily-price-forecast-btc-eth-20171012/Looks like a good reference when you want to trade. By the way, anyone can share how do you set the price to trade? First of all welcome to the Bitcoin forum, feel free to check the various boards for other similar discussions. For obvious reasons the price of Bitcoin keeps changing because of supply and demand, the best way to gauge the price at a point of time being a day trader would be taking the average price of BTC on all renowned exchanges. With a few months of experience, you can start judging the price by yourself. |
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With shitcoins taking birth as trolls, I still don't understand why this coin is being taken seriously and even being discussed about. Next, I'll be waiting for something like SatanCoin or DevilCoin to pop up in opposition to JesusCoin just for the 'memes'. |
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