The Bitcoin price certainly affects many things. It can help us gauge adoption along with other metrics as well as the sentiment of people who are currently invested.
Bitcoin is not a get rich quick scheme. It is the currency of the internet designed as a super hard form of money to challenge many status quos.
Even if we were to pay more attention to the price. Many of the people worrying don't know the basics of TA. I'm here to tell you that if you own any amount of BTC you are riding a rollercoaster that is affected by adoption, politics, whales and many other factors out of your control. The one thing you can count on is the math, The fact that is was the first, the 21million cap, it's security, and the torrent of frustration it brings older businesses who have grown lazy and abuse the masses(banks).
From a TA standpoint (i'm a noob with a background in music but i've been studying and doing paper trades for years now). Bitcoin has been consolidating for a few months after a pullback from a 1 year high. The fact that it's been trading in the range its at means that the whales and traders who bought in late can't affect the die hard HODLERS who were already in the market in early 2019. You can find articles explaining the demographics of Bitcoin holders. Those who bought in at 10k+ were the ones selling.
Other than that we have some whales playing in the ocean.
Remember this is about change and technology.
If you believe in the ideals money is more than likely to follow.
Be well!
We don't worry about how bitcoin price down because bitcoin have many investor want to support and take back bitcoin to higher price, just few hour after China president's announce for adopting bitcoin now bitcoin raise more than 45%, every thing possile with bitcoin price and always give us moment how to get profit with bitcoin and altcoin. |
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Hi, Gents,
I think there has to be a way to create a tracking system for bitcoin. Every wallet must contain ids. Otherwise, bitcoin can be always used for money laundering. If you want to launder money, you can find a cash seller everywhere. After bitcoin is bought, noone can prove whose bitcoin it is. I think this is the only think that preventing bitcoin to become a global currency. Do you think it would worth this much if it is trackable. I dont think so. There will be altcoins that work with tracking system and ids. They will become a global currency. Bitcoin? I think never. What do you think?
Bitcoin not become global currency because many people do not know with bitcoin, they can't use bitcoin for transaction or sent to other wallet. How to use bitcoin and what for using bitcoin still do not understand by many people, they less information about bitcoin as transaction and become currencies for sending and receiving using bitcoin. |
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basically, every human being has a portion of each whether it's from the ability to think, time or capital to be able to realize the desire to be rich. the most important of ourselves has an intention, strong determination and keep trying to pursue what is possessed of one's own ability to succeed in the future.
Succeed is different from being rich,not all the people who are rich may not be a successful person ,When we want to be rich we need to act smart and hard to save more money than what we are spending. Success without rich is very wonderful thing where many people do not raised with rich but can be success, there for many chance how to be rich person of you can control your money which correct investment, never use your money for wrong way with investment because you can lost your profit if wrong investment way, love your assets with choose correct investment. |
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And why? Running late on crypto news last few weeks. Any good new coins on markets?
Not so many new good coins on the market. Bitcoin still dominated the cryptocurrency market and look at the price of bitcoin right now and it was actually affecting the altcoin market. Altcoin season depends on bitcoin. A lot of exchange sites are halting its IEO service due to the bearish trend of bitcoin. You can see that through use icodrop site and not so many exchange site is adding a new IEO. Altcoin season will never come when we always on this situation. Usually when bitcoin down become big chance for altcoin raise to higher price where investor move money from bitcoin to altcoin investment, but looking with altcoin still lower price with effect of bitcoin down. Maybe altcoin season have waiting for when bitcoin come back to higher price again and when bitcoin raise up altcoin will follow and raised to higher price. |
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That gave rise to my new topic.
Bitcoin isn't just an investment, but it is the future...
I mean we have seen bitcoin's journey in the last 10 years isn't it. So obviously it can go and progress in the next 10 years as well, no doubt about it. Others can use bitcoin as sound money, commodity, store of value, mode of payment, investment, etc. Let's all share our thoughts about this, in order to encourage ourselves and build a stronger community of users.
This community has never been stronger, that's why it remains as the number 1 forum in the internet. We have seen a lot communities born out of Bitcointalk, however, it didn't have the support of most crypto enthusiast. Bitcoin is not an investment assets but I think bitcoin the way how to earn money with selling and buying, just take profit as soon possible with bitcoin without have waiting for long term as investment assets, when you reached your profit you can sell without wait at the future bitcoin have higher price, bitcoin can be lower and higher price just few time and you have get moment to sell or buy bitcoin. |
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First they spend more time on video games than any other generation, an average gen millennial spend 8 hours on games everyday! Ridiculous!
Definitely this is so ridiculous, but I think this matter sometimes fall to responsible parenting. If this gets worse then probably we will have a new generation of non-productive citizens. Can crypto make millennial more screwed or otherwise? Let’s discuss!
It will depend on their mindset, If they allocate all their money in crypto than that could have a catastrophic effect if their investment would fail. I believe that a lot of millennial are smart and aware of the economic situation around them, they can be a benefit to the society if they economically conscious. I don't think thats an accurate statistic. If most millennials spent 8 hours gaming they'd have no time for work, school or a social life Neither do I Computer games (just like the Internet) have been around for pretty long (definitely longer than 20 years) to make any significant difference between the millenial generation and the one preceding it. So if we are to make millenials into a failed generation (for whatever purpose or reason), we should start with the older generation. To sum it up, it is just a typical rant about youth being a failure going on since the beginning of times I am very happy if millennial in my country want to adopt and become bitcoin or altcoin investment, many of millennial people in my country always busy with computer game and hand phone game, they waste time with playing game every day and never try to get positive way how to earn money with bitcoin and altcoin investment, they always make something without have contribution for their self and their family. |
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I believe it is true that the majority of tokens on crypto market are trash, but I am still investing in some of them, because BTC dominance would not last forever. Everything has its life cycle and BTC cycle is going to end as well.
You are right even though there are many coins that do not have a good volume in the market but there are still some profitable coins to invest, therefore you must be careful in looking for profits in them, especially for coins that can last a long time so I'm sure there is a lot of trust in them. the most important thing is looking for opportunities for profit when investing, not just putting the funds owned and hoping there are profits in it I will sell now if bitcoin and altcoin price still go down, very risk moment for holding altcoin assets where many people try to make altcoin and bitcoin price dump, last days bitcoin have down trend and allowed by altcoin, the most lower trend price is today where bitcoin from $8,2k become $7,5k and many altcoin following with bitcoin trend become very lower price. |
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I want to ask all of you, do you share or give very private things (private key, passphrase, password and else) of Bitcoin to your family? I ask like this because I think if something bad happens to us (I personally hope it doesn't happen), it would be better if we pass down all the things from bitcoin that we have to our families. For example, when we have an accident that makes us comatose state (I hope it won't happen) at the hospital and we need medical expenses, it would be better if our wife or children can take money from the bitcoin that we have to use as our medical expenses.
I personally bequeath all my bitcoin knowledge to my family. I told them my bitcoin assets, how I made money from bitcoin, and also told them how to access them. All of this I did so that all of my bitcoin assets could be useful for my family. What about you guys, do you guys do the same with me?
i have not share any of these to family but it is in my head already before that even 1 in the family should know my crypto details in case unexpected circumstances happens. I do not want that all of my efforts and profit will just be a forgotten. I don't share data to my family because almost them do not understand with bitcoin and altcoin, I have teach step by step with bitcoin and altcoin then how to withdraw coin from exchange and myetherwallet, they still newbie with how to use bitcoin and altcoin become cash money and how to withdraw bitcoin or altcoin assets from exchange wallet to bank account. |
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Hi everybody, I have a serious question to address:
How will you tell (or reveal) to your Bank that the huge daily (or weekly) deposits into your Bank Account are from crypto-currency profits?
- Would you go to your local Bank Branch and tell them ahead of time, that you are a crypto-currency investor BEFORE you make huge deposits?
- Would you go to your local Bank Branch and tell them that you are a crypto-currency investor AFTER you make huge deposits?
This question is important, especially for people of modest income that SUDDENLY start to make huge profits from crypto-currency.
Interest Ask. I don’t think that the bank’s employees will be interested in the sources of your potential profit until you replenish your bank account with a huge amount. Indeed, it’s very difficult to prove that the profit you received as a result of doing cryptocurrency. Therefore, it will be better to make your profit in different banks and in small amounts. In my country, the tax on profit from cryptocurrency has not yet been introduced, so I can deposit large amounts to the bank, explaining the source of profit from working with cryptocurrency. Better cashing out your money now because price of bitcoin and altcoin still down, never take risk with investing right now when bitcoin or altcoin still down, you can buy after have possible bitcoin and altcoin back to higher price, Now you can cashing out your bitcoin and altcoin assets although waiting when bitcoin or altcoin back again to higher price for recovery how much lost your investment assets. |
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Ethereum has confronted an accident underneath $160 this year, learnt by The Coin Republic. It is said that this week has been unsafe for ethereum. The destruction was unforeseen of it as in the ongoing occasions ethereum was performing truly well like it generally does. It would hold a gathering in Osaka this year. The destruction was in reality a cruel blow on it. It was at that point dropped to $220 and after that to $160 per token. The following day ended up being random as the value rose to $175. Positive thinking and confidence in ethereum were reestablished in brokers. News Source: TheCoinRepublic Now ETH $160 and will back with lower price under $100, many investor do not understand why ETH could dump very lower price? bitcoin dominance have less with lower price altcoin keep following bitcoin trend become lower price too, now we still do not know how bitcoin and altcoin price next week or new years on 2020, become extreme dump or back with higher price. |
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Then the whole mining system will collapse, that's what will happen
I doubt that it will collapse, it may have significant effect on the ecosystem. But to say that it will fall just because of China banning bitcoin mining is absurd. And I'm sure big mining companies inside China has already a plan B in case the government made that bold move. At least if this happens, then it can break the monopoly and I'm sure there will be companies and countries will to take the lead. China have banned bitcoin mining after they announce banned for using bitcoin as transaction and investment, last three years ago China have to banned bitcoin, ICO and bitcoin mining without giving reason why have to banned bitcoin as legal transaction, price dump but can raise back to higher again after several day later, I heard China want adopt bitcoin as legal transaction again in their country. |
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Yea... and just for context, 20k a day is a revenue of 7.3 million a year. That's nothing for any medium sized company much less for one of the largest crypto exchanges in the world. You may not be happy that you aren't getting 1:1 trades, but i wouldn't exactly call this overcharging. If you can find a more trustworthy exchange with better exchange rates, then go there. If you find that hard to do, then they're not overcharging... Any thoughts on OKEX / Huobi fees? You forgot to add the letter "k" to binary daily income, anyways from where did you get this data? . Here is a list of OKEX fees that list their fees https://www.okex.com/pages/products/fees.html. I would rather stay on the binance exchanger, even though the fee in my opinion is rather decent, but the volume of transactions is large. Binance is bigger exchange market so far than Kucoin, gate and Bittrex. Binance exchange market have many big investor buy or hold altcoin assets on binance exchange, binance owner very happey with many investor trusted with binance than other exchange market because have many altcoin listed in Binance, they intrested with exchange available with thousand altcoin kind in exchange listed. |
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KYC is not that bad what people try to say. KYC is here to avoid scamming! Once I thought KYC is destroying my privacy. But now I think it is needed to protect a platform from account farmers or scammers. But don't submit your KYC information on a suspicious platform. I have no problem to do KYC in Bittrex but I will think twice to do in Hotbit!
Actually, Kyc does have a good goal, but there are some people who use it to sell their personal data. it becomes a suspicion, therefore if you want to do kyc then you should check the site because personal data is very important Make investor interested with IEO or ICO project by giving free way to invest without have using KYC, many investor dislike if find with ICO and IEO project using KYC for investing, without submit KYC we can't invest and participated on IEO or ICO investment project. Investor never give detail data for any one and public investment website because can use for wrong person. |
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A guy bought a very big house, which triggered an argument on a telegram group.
some people were arguing on a telegram group that they guy couldn't have bought the house with only trading profit....some insinuated that he must be into other businesses.
I laughed at their ignorance.
Why? Because I know that even in this present market condition that some skilled traders are making a killing.
I'm not talking about traders who trade with small capital here.
The conclusion is that when you trade with massive capital ,you earn massively.
A lot of people really like to earn much faster, that is why they are risking huge capital but it is unsure and really dangerous. Unlike using small money or small capital, it is much okay even it is a slow progress because you are just just minimizing your risk and you are just preventing yourself to get empty handed or bankrupt which is much safer. I am really not a fond of ICOs. Having small amount is not problem but wrong investment is. It is not like that ICOs cannot be an option but they really don't return any good profits. What is the use of wasting time on such things. It would be much better to go for bitcoin and some good altcoins so that at least, even little amount you have will produce some good profits in the end. No need to upset oneself with small amounts. real problem come from investor that dont have any information about, but dare or brave to invest on that project. and it same like trading, they dont have basically trading skill but put their fund, all of fund for trading. money management is good if you are trader or investor. Big risk if you do not know basic of bitcoin and altcoin investment, if you have control with bitcoin and altcoin when sell and buy you can less risk with your investing, many new trader do not understand about how to be good trader without know chart way and do not know about when price support bottom to buy and sell bitcoin, they only put money for trading in altcoin. |
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This information is timely as a number of people could benefit, at least educationally. Practically speaking, bitcoin prises can defile technical analysis which means there is always an amount of risk attached to trading
Very true. Understanding risk is the cornerstone of ANY investment. I can't stop the mania, but I can help people profit from it. Practically about how to invest with bitcoin and waiting when bitcoin price higher and lower will give you moment how to know risk with bitcoin and altcoin, you can know whit how to faced and ready your self with bitcoin and altcoin investment risk, when price dump you can feel how risk if bitcoin price have dump, always use your investment source from not your saving money for ready when price of bitcoin down. |
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When i search i found ICO projects with very good rating, this rating posted buy ICO rating websites, how this rating works, websites did not mention about the factors use to rate this projects.
Because there is no factor most of the time other than the amount of money that changes hands. That is the truth with ICO rating. There was a time when the ratings that are released by these ICO rating websites are more or less reflecting the real deal of the projects. But then it gradually transformed into a money-making machine that will allow ICOs to bid for the number of stars, the highest spot, or the highest grade. For me personally I will not look on the ratings given by any ICO rating sites since they can be paid just to give a high ratings to certain ICO company who want to list. And there are so many scams before even by now who get a high ratings so best to check the whole transparency of the project before going on it or much better not to look on them anymore since they are all the same and we cannot pick on which of them is best right now. Honestly, the ICO rating sites are now becoming the same scams as the projects they are giving high ratings to. No need to bring in the ratings ICO projects got from these sites into your decision factors. It will not help you kept away from possibly investing into a scam project. If possible, do not invest in ICOs anymore. It seems the best crypto projects out there do not have to undergo this fund raising scheme anymore. Do not trust with ICO project rating, may possible if ICO have higher rating score on some website, maybe they have working together make ICO website have higher rating score, after investing and listing on exchange market price lower and we lost trusted with ICO rating site, just check how many investor participated before and how much coins sold to public as ICO running. |
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99% of the world's population still does not understand, do not know and do not trust Bitcoin. And everything is fine. Bitcoin adoption is a lengthy process that may take decades or centuries to happen.
The world population is 7.5 billion people, so you trying to say that only 75 million people understand and trust bitcoin? Nigga! That's a huge lie, We've got lots of people who now understand and trust bitcoin. Blockchain technology invented by the creator of bitcoin "Satoshi" is being adopted by lots of financial institution, and one of the usecase of blockchain is bitcoin because it allows peer to peer payment among it's users as we all know bitcoin is on its way to massive adoption, Talking about blockchain many people only know with bitcoin and lower information about altcoin, they only know digital currencies payment is bitcoin only and talking about blockhchain keep on their mind with bitcoin. Now start giving information about how bitcoin and altcoin increase investment assets for the future, bitcoin can be your everything at the future when price up. |
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Hi, Gents,
I think there has to be a way to create a tracking system for bitcoin. Every wallet must contain ids. Otherwise, bitcoin can be always used for money laundering. If you want to launder money, you can find a cash seller everywhere. After bitcoin is bought, noone can prove whose bitcoin it is. I think this is the only think that preventing bitcoin to become a global currency. Do you think it would worth this much if it is trackable. I dont think so. There will be altcoins that work with tracking system and ids. They will become a global currency. Bitcoin? I think never. What do you think?
Bitcoin can not become global currency because many country not ready support with bitcoin as transaction payment, many country still use traditional market where payment transaction only accepted cash money, they do not know how to use bitcoin as currencies payment. Need to evaluation and give instruction for many people how to use bitcoin as legal payment before make bitcoin become public transaction payment. |
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when patience is being tested,
what are you doing in this market, is your routine still the same as usual or change other options?
selling at a low price is the same as selling a loss, and that is not a good solution. if you are a market player, you will know how to survive or take advantage of the market in any condition.
When it comes to my strategy, it depends on the crypto I am investing with. If I can see it as a strong currency, then I would not choose any other option, I would stick, wait and be patient on it since I have my faith on it. I understand why you consider selling loss as the same with selling in low price and that shouldn't be tolerated if you are looking for great profits. If you want to gain much, wait and make sure that your coin is good enough so it would be worth the wait. How to keep control our patience when bitcoin or altcoin still down, look market now ethereum have drop to lower price and you can keep patience or sell your altcoin assets, I am so sad why when eth back to $350 last month not sell it and now eth have back to lower price, will be this year the same dark what happen last year with bitcoin and altcoin with lower price. |
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Looking back at 2017 and 2018, one thing became clear and that is the never die attitude of the true Bitcoin investor/user. We are as stubborn and tough as a Honey Badger and we fight to the bitter end. Ask yourself if any other disruptive technology like Bitcoin would have survived this long, bearing in mind that we are being attacked and challenged from all sides. <Governments and Banks and competitor coins>  We took these challenges like scaling and we ran with it and our developers came up with a novel solution <Lightning Network> and now we are getting back up and running with that. Let's wake the Honey Badger within us and continue the fight to Bitcoin to Mars!  October just several days later but bitcoin price still down, I am not sure will bitcoin to the moon or to the earth? Looking of bitcoin price every day look weakness for raising to higher price, many time bitcoin always drop and have lower price. Today we need waiting how bitcoin for next month on November will be bitcoin dominance with higher price or bitcoin become very lower price. |
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