|
I hear news that the US/China trading war will be over by November and there will be some kind of agreement.
Let's hope that this will have some positive impact over bitcoin and the crypto markets will start growing.
Anyway,Trump is totally unpredictable and this makes me think that those news are fake rumors.
|
|
|
|
Are you one of those who think that BITCOIN will not rise this year?
Some may think like that because of it's performance. But according to experts and analysts, BITCOIN is not for the weak hands.
If you do crypto as a source of living then this is not the best place for you, but if you are here because you believe that BITCOIN is a revolutionary kind of money then you're on the right track... You know bitcoin will rise ;-)
I`m sure that bitcoin price will rise during the next December,but the big question is how much it will rise. Will it rise like back in December 2015,when the price was from about 427 USD to 455 USD,or will it rise like last year ATH?I still have faith in the future of bitcoin and the blockchain technology,so I won't give up. |
|
|
|
|
We already have parallel bitcoin economy.We have online services,such as Openbazaar and purse.io.
We have a bunch of online casinos and crypto dice games.We have all the crypto exchange trading platforms.
It just isn't enough.The crypto economy is just too small and the level of expansion is close to zero.
I agree that we couldn't always bother about the bitcoin price,but the bitcoin economy just isn't growing,if the bitcoin price isn't going up.
|
|
|
|
So, at one stage in your life, you should set some goals for something that you want to achieve in the future. The same is applicable to Bitcoin and you should set some realistic goals for yourself. I know a lot of people are aiming for 21 coins <as their first goal, because there are 21 million coins in total>  Would you stop after you reached your goal or would you set new goals after that? When will you stop collecting and hoarding your coins or are we all a bunch of Scrooge McDucks? Let's see how many people have decided on specific, realistic goals and how many people are just collecting coins without goals. My precious.. My goal is to have 1 bitcoin after 6 months.It's important to set realistic goals and break your main goal into smaller goals that are easier to achieve.I don't know how somebody could gather 20 or 50 bitcoins(unless he is a crypto hacker,online crypto casino owner or some exit scam ICO dev/owner). |
|
|
|
You can set your fee below 1 sat/byte if your wallet lets you customize your fee.
I did not know that and I thank you for that answer. For a long time I had the same question as op does. I assumed that if 1 satoshi reached a very high value that it would limit bitcoin's practical use. I had heard you could send coins with zero fees but I had also assumed that the transaction would never get confirmed. Now, I constantly hear stuff like "Bitcoin will reach $100K" or "Bitcoin will reach $1Million", and I'm not going to be the one to say that it is impossible, but I am certainly skeptic about it being able to reach let's say $1Million until somebody clears this issue for me.
And you should keep that skepticism about you, because you will hear a lot of claims like that from people who are speaking out of their rectums. They want bitcoin to be at $1 million, but that doesn't mean it is going to happen. This is a bitcoin forum and there are a lot of people who have enormous emotional investment in bitcoin and I daresay many of them are delusional. I haven't seen people,who are expecting a 100K or 1 million USD bitcoin price.I guess that the amount of delusional people has decreased a lot.The OP has some interesting questions.I beilieved that it was possible to have a transaction with 0 fees that is getting confirmed(maybe after a few days of waiting).I guess that now the blockchain is stuck with too many transactions and it's impossible for 0 fee transactions to get confirmed. |
|
|
|
I like when the newbies pretend they know how the crypto market works and they try to explain it to the more experienced forum members.  The one and only thing that drives the bitcoin price up is the amount of trust people have in bitcoin. If the majority of the people believe that bitcoin costs 10K,they will buy it for 10K and this will be it's market price. |
|
|
|
|
Perhaps you remember what type of articles/posts you have on steemit and tell somebody with a steemit account to search and find them.Your username must be somewhere around those posts.I can't figure out any other way to find your username.I don't have a steemit account.I kinda hate this business model.It stimulates a lot of people to trick the system by fake upvoting.
|
|
|
|
Well,most of the altcoin devs look exactly like the small online business owners back in the late 90s. They have the "build it and the money will come" type of mentality.This is not a proper business plan,most of the altcoins are useless (unless they are used for pump/dump)and they are ready to fail. Bitcoin is in a "in the middle of nowhere" phase.Not a recovery phase for sure. |
|
|
|
I remember back in March 2017 that I was expecting the bitcoin price to go under 1000 USD. Vinny Lingham was just an ignorant guy that was following the short term trends and made a prediction without any good analysis and strong evidence.I can see thousands of traders that are expecting the bitcoin price to crash during the next few months. There will always be guys like Vinny Lingham on one side and John McAfee on the other side. |
|
|
|
|
Having a big inequality in wages is something normal for the US economy.The leftist liberal media in the USA are trying to raise awareness and force people to believe that this is major problem,but it isn't.
Anyway,I still think that Amazon and Facebook's market capitalizations are a big bubble.
|
|
|
|
|
So bitcoin mining becomes unprofitable,if the price does under 6400 USD?
I guess that's why the current bitcoin price gets a really strong support at 6000 USD.Perhaps the miners use their last year profits to buy some bitcoins,in order to stabilize the bitcoin market demand.
|
|
|
|
|
It doesn't affect the "crypto ecosystem" at all.There's big inflation in Venezuela and Turkey,has this affected the current cryptocurrency prices?Nope...
What do you mean by crypto ecosystem?Crypto markets and trading?
I think that crypto ecosystem is the blockchain and all the mining ledgers.
|
|
|
|
Bitcoin and most of the altcoins are already manipulated,how can this be a valid point? Anyway,his opinion doesn't matter,because 90% of all crypto users WANT the prices to manipulated,so another bubble would be created and we could reach the moon faster. |
|
|
|
|
Who really wins?The crypto whales always win,while the small newbie traders always lose.
This is the simple answer.The more complex answer is that crypto trading is a "win-lose" type of environment,while mass crypto adoption might create a "win-win" type of environment,if implemented correctly.
|
|
|
|
I guess that FBI is the global police. Most of the hackers and criminals that hack/steal money from credit cards/ATMs are not from the USA. That's why FBI has partneships with lots of european and asian police departments. I don't think that this news will create a mass bank/financial panic.Most of the people know that their small bank deposits (under 100,000 euro or USD)are guaranteed by the government. |
|
|
|
Watching TV is a waste of time.Rich people read books,poor people watch TV. Rich people have big libraries,poor people have big TVs. Perhaps it would be possible to mine some altcoins with this technology.I really doubt that it will possible to mine btc.By the way,this thread should be moved to some other sub-forum,maybe the "Mining" sub-forum. |
|
|
|
Bitcoin market is highly manipulated by the whales. There will be little to no effect in bitcoin’s performance by any country’s government. But if US imposes some regulations then it might be more reliable and will be adopted by the general mass. Some experts believe that US dollars might fall soon because of an increasing amount of US debt and are advising to move to bitcoin.
The US debt rising has no negative effect over the US economy,because like Paul Krugman said."USA can print all the money to pay it's debts."The US trading wars have little to no negative effect over the US economy,because the foundation of the US economy is the domestic demand for products,not export. Trading wars are bad for bitcoin.I don't price a stable price increase despite all the new import tariffs and sanctions. |
|
|
|
FUD. "Banksters" are free to build anything they want on top of Bitcoin, scam or not. But Bitcoin does not care! It is immutable, secure, decentralized and censorship resistant. Any "bankster" who would like to "play" with Bitcoin would have to "play" by its rules.
With paper Gold, printing dollars kept gold price stable. With that in mind, printing bitcoin paper should do no harm to bitcoin price, at least til the owner sells it? Printing dollars kept the gold price stable?What?One kilogram of gold was worth around 1000 USD back in 1971,now it's worth around 39,000 USD.The gold price isn't stable,the gold VALUE is stable,while the gold price measured in dollars increases,because of the USD printing.There's a difference between value and price. Anyway,I wish good luck to the Bakkt owners and devs,let's see how this project will impact the crypto world and then make verdicts. |
|
|
|
I have seen many people waste money for a long time and make themselves poor, is there a solution to overcome this type of person ,?
why is not invested with bitcoin?
What do you mean by "waste of money"?Can you be more specific? For me,waste of money is heavily connected with addictions.People,who are addicted,waste money on gambling,porn,drugs,smoking,porn,prostitution,etc.This is related to their emotional condition,so when can't find a global solution of such problems.I can't say that this is "disaster" for the economy,but it's bad for the people,who are wasting their money. |
|
|
|
|
You can't compare adoption to regulation.It's like comparing apples with bananas.
Regulation means RULES,while adoption means USAGE of cryptocurrencies in daily life.
The rules can influence the usage of crypto in a good or in a bad way.You can't compare two things,if the first has impact over the second thing.
|
|
|
|
|
Show Posts
