By the looks of things with bitcoin sky rocketing, this looks familiar!! Another crash is imenent, taking the alt-coins down with it hard!! Anybody seeing the same pattern here we seen in June of this year!!?
Its possible but there would be no crash after all. There might be a price correction and its just normal on this kind of situation when price of bitcoin do suddenly go up non stop as of now and we do almost hit up 4500 which is really an amazing thing but price corrections would really happen soon and we should wait for that time to happen and selling on the possible sweetest spot as we can. |
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Hey,
I do not understand how you earned your profit, you mean you bought NEO (ANTSHARES)? and chinese investors starting buying it now the price is doubled?
If so please share something more so, I can buy and have some profit.
Thanks
Its really easy to understand dude on what hes saying here. He just simply bought NEO and now it doubles his investment when the price surge up because of Chinese have more demand into this coin which causes for its price to increase. Theres still possibility that the price will still go up but seeing on buying into this price point might be risky because we wont know if this spot would be their profit taking moment. In this case you will end up on losing money instead. |
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Hi traders!
Does somebody here do trading in stock market and also trading in bitcoin? Which is more profitable and safe?
Thanks ahead!
I do engage on stock trading and i would say that in terms of money making or profits i would say that crypto currency is much more better because it will really give you fast profits unlike on stocks which it would really takes long time for you to harvest profits depending on the stock that you do have bought and regards to its movement stocks do move slowly which i can say its less risky than crypto trading. |
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So we have to wait another 2-3months before Alts markets come alive again correct?
And shall I assume bitcoin will continue to $5000 until november hits?
If the price would behave like this im sure hitting $5000 would really be easy as of this state where we know the price moves too fast as of now in a matter of weeks or days the price had risen too much and honestly speaking i didnt expect to hit 4k price to easily since i do expect for this price to be hit up on september to october. Price of altcoin are starting to recover up as of now it might be small movements but it indicates a good sign of reversal later on which we should really watch out. |
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HODLing is the only thing that makes sense. Limited Supply + Increased Demand = New ATHs
that is very true, not only holding Bitcoin makes a sense,holding an altcoin too can be considered make a sense. for example; one of my friend holding XVG for a years and invested 1 BTC in there,after holding it for a year he multipled it into 10 BTC. and because of that he got profit from trading an altcoin and other than that he also got profit from Bitcoin. Win to Win solution, i just want to see more than this while an altcoin declining and then trying to do the same like my friend did, it would be nice if another run will happen in the coming year while Bitcoin always trying to hit another ATH Holding bitcoin together with Altcoin is much more better and this is what im doing now and lucky for me i did able to bought bitcoin when its price hits back again on $1800 price before that fork until now im still holding because i do really believe that price would hit up 5k price anytime soon. Its not bad to assume but possibilities are always there since bitcoin do really surprise us anytime. |
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When can you say the price of bitcoin is already or nearly bubble?
Do you expect that the price will dump in coming years?
When prices do rise up on insane percentage on a short period of time i do really consider it as a bubble not only on bitcoin but all of coins in the market which do behave on the same way too and now talking on bitcoin its indeed on bubble and anytime soon it will pop out and would correct its price again but i guess that it will go back on 3k price again if it would corrects its price again and when theres already profit accumulation. |
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the market cap grew very rapidly after August 1, do you guys think the market will correct itself like it did the last time?
Correction on prices would really come soon and its really a normal thing to happen on cryptocurrencies on which its price do go up with the hype and now on bitcoin it increases on insane prices already and i do strongly believe it would correct its price anytime soon that is why we should be wise on when to sell on the exact time when the price tend to go back lower again. |
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Maybe you can advise me, which is the cheapest currency to invest the best.
Thank You.
Cheapest? You can mostly find it on that shit Yobit exchange you can find some of them are on 1- 10 sats each which are actually cheap eh? but investing on those coins are just like suicide because usually those coins are being dumped hard and didnt tend to rise up and as being said above dont invest if someone told you to target those cheap coins. Better to invest on those potential ones and top on the marketcap. |
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I called around some stores to see if they accept BTC, no one has even heard of it except like 0.1% of people. Wait till people actually find out this exists...
We are always on this kind of waiting game on which we would really love to see that those merchants on our places would already recognize bitcoin and thats really an advantage for us bitcoin users since we can directly spend our bitcoin without the need on exchanging it to fiat first but for now it isnt really recognized yet which means we would really need to wait up a little bit more and we are sure time will surely come. |
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Yes technology do evolve as the years goes by but talking about recovering lost funds because of mistakes then its impossible to do such thing knowing that most transactions here on cryptoworld are irreversible because once it has been transfered and being confirmed by the network theres no chance you can cancel it or reverse it. Consider those coins as lost and move on because you cant do anything about it unless if the reciever would decide to give it back. |
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You made a nice move, sir. Honestly there is no other safest strategy in cryptocurrency than buying and holding because yes - trading may give you a very promising profit, however, you cannot really tell if your coin would be stagnant too soon or worse, dumped.
I have another strategy to tell you... why don't you lend your bitcoins? small satoshis could mean a lot when long term.
Lending business is just a risky business in my own opinion and i would rather choose up on diversifying on other altcoin in the market its still risky but much better since i do have the access and controls of those coins unlike on lending bitcoin to others you wont really know if they would repay up or not and thats the risk and still pure gambling but its up to you if you would decide to hug the risk. Back to the portfolio of op i would say its a good choice of sets of altcoin out there. |
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How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Bitcoin would possibly die if internet would be gone since we cant make any transactions since the chain would really be good as dead, you might holding the coins but you cant do anything about it.Another possibility that bitcoin would lost its users and would decide to dump all their coins and jump into another coin because bitcoin is just alive because the community uses it and once interest would be gone then for sure it would die. |
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what is your stratety in trading
Trading on what? Bitcoin or on Altcoin? Since i do have different ways on trading them because on BTC i would just simple buy it and hodl it for long term purposes and at the same time i do make short trading with altcoin too which can give me decent amounts of money in shorter timeframe which i cant possibly do on bitcoin trading. Just follow the basic fundamentals and do applied all the knowledge and experience you do have along the way. |
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I can see a lot of bleeding in the Alt market but not on Bitcoin. Surely if this continues the Alts are doomed apart from a few popular Alts that can still survive as Bitcoin cannot have 100% market dominance all the time.
What you guys think?
We cant really point out what would be the cause of bearish trend on some altcoin in the market but as of now i dont see that most altcoin are on reds now except bitcoin. Some of them do ride on the trend on bitcoin some may not, its just like that sometimes they do go in opposite trends which we cant really be sure on where would prices go and comparing both fields would really be a confusing for us as a trader. |
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You're right, bitcoin is dead. Listen, I'd hate to see someone like you lose all your value in BTC. I'll buy your soon-to-be-worthless bitcoin from you for...let's say 50% on the BTC. I'm doing you a HUGE favor here, you can find my address in my profile. ONce I receive the coin I'll Paypal or Venmo the cash to you.
I think bitcoin will never die and it will survive in the near future. In addition to that, many people believe to the great potential of bitcoin and I think bitcoin will become the best world currency. I think bitcoin has a good benefit in ones economy and no one can predict what will happen in bitcoin in the future but I think bitcoin won’t die easily If tell exactly more, the cryptocurrency world in short time (years) very difficult if want died, because most people on the world's feeling boring type saving money in banks, so they want find other asset or the ways can helps them have passive income like Gold, Real Estate, and Bitcoin in present. You cant generalize it because there are still people would really like or love to prefer the traditional ways and for sure government wont really allow such thing to happen. Local fiat backed by government would really remain still and that point you are talking about might possible to happen but only on slim chances for sure. Bitcoin isnt dead and still kicking as of now on reaching new heights. |
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I'm pretty certain Polo is on the verge of pulling an exit scam. I have hundreds of dollars worth of coins "Awaiting Approval" for withdrawal... for almost 2 weeks now.
Given that crypto is likely in a giant bubble right now, they might not have the funds to process all the withdraws that are taking place.
This is possible but hopefully they wont really do such thing there are already lots of complain from poloniex regarding withdrawal and even deposits on which we can really think off that they might already preparing for an exit scam and withdrawals i guess are piling up on huge amounts already same as you assume. Lets watch out for their next step. |
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To me both forex and crypto currency trading are almost the same because it is both the fources of demand and supply that determines the movement of the market. And at the same time you need to have a good knowledge of both technical and fundamental analysis to be successful in trading both crypto currency and forex trading.
Yes. Both require good knowledge and experience but I personally feel that crypto has an edge over forex trading. Crypto investors are far more in number than that of forex. Besides more people are becoming rich with crypto trading over last few years than with forex trading. How sure you are? You dont know forex trading and its market cap.Its trillions and cant be really compared or shall say that crypto do have the edge, Doing forex trading is really very hard prices is to volatile much more volatile on cryptocurrencies because every tick of the clock it does move it might move on small ranges but i can say its somehow riskier. |
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the list of dead Yobit wallets does not fit in one comment on this forum. they have a huge number of altcoins and about 90% of them don't even have a running wallet. and some of them don't even have a blockchain anymore because they are long dead and nobody mines them anymore!
you should really stay away from Yobit but in case you had no other choice at least check the wallet's status first. go to your account and in your wallet page click on withdraw or deposit, it will tell you the wallet is in maintenance for most of them so you can be 100% sure it is dead.
if it didn't say that, first deposit a small amount to test then deposit the rest.
This is true thats why this kind of post or piling up plans wont really be worth it at all. There are lots of stuck transactions in yobit this is why this exchange do really suck and most of the time you would really experience problems if you do make transactions on this site. Just like my previous experience on yobit when i was a newbie all the coins that i deposited on them havent reach my wallet on that exchange until now which do really suck. |
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The problem when it comes to income through here such as bounty campaigns is that the payment will be received late. If you are relying on a regular job salary and you suddenly shift to bitcoin, you might end up waiting for 2 to 3 months before getting paid. Aside from that, the counting of stakes sometimes takes 3 weeks.
That is the reason why joining signature campaign for me is not a stable and full time job because the payment will take time. It is better to have a day time job and make bitcointalk as a side line job. Two to three months of waiting for your salary is totally a torture to the mind. There is no certainty if you will actually still receive that money or the campaign already forget that you still have money to them. Anyways like what you said, it is better to have a full time job than merely doing bitcointalk or anything about bitcoin that is not stable. As of now I am using bitcoin as my sideline job because my full time job does not really give me enough. I can pay my bills but cannot save anything so my earnings with bitcoin is such a good help. Its really a risky thing to fully rely on bitcointalk earnings and as you said we cant know if the campaign would pay us or not which is really not a good thing and also campaigns are just on temporary basis which you cant really be sure if you would be accepted into a campaign or not which means chances would really be on 50-50 basis and its not really a good choice on going full time but somehow the amounts we do earn can save up on paying some bills and micro bills. |
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Depending on a certain person if he would decide to hold up their bitcoin for longer times before converting it to USD. Because people will really do make conversions when they do need of money or decided to bought another altcoin in the market and yes its possible because people do really love to diversify things.Just like on what im doing,i do spend some of the percentage of my bitcoin holding into another coin which on the way of diversifying it.
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