They had everyone fooled back then, Ponzi schemes are never sustainable and most persons who joined especially at the latter part get hurt. The good news is that those who were behind it are getting caught one by one
This is why it is so important for people to be able to recognize the good coin and the good asset in the market before investing in it. There are certain steps you need to follow and only then you can know whether or not to invest. See if the asset is liquid. High liquidity more is the general acceptability. Second is the risk attached to the investment and third in the return you can get after you invest in the asset. If the answers you get are compatible with your wisdom, go invest otherwise refrain. |
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If in trading apply fast trading strategy,
What obstacles are constraints
and weaknesses?
If you are terming day trading,then its ok until there is fluctuations in price out of which day traders make quick profits.But if you are mentioning just buying fast and immediately selling fast without any price analysis and strategy,then it would be a stupid act leading to loss.Even if you want to hold any coin in short-term,still it would be profitable only on selling it when the price increases. I think this is not the strategy and not a perfect decision to handle things like this, even this is not useful in traditional trading. We have to be careful in this market like a duck siting on floor and have to wait for increase in price, once increase in price occurs then that is the real time to sell for profit. Especially in the Bitcoin this is a failed idea to buy fast and sell fast as it is long term and will take our time. |
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This is the err or of the HODLer's mindset, no I don't blame the HODL principle, I agree with this thread that we should not be afraid to use Bitcoin because it can increase demand and in my opinion HODL doesn't have to be forever, you should have a target when you have to HODL then buyback to reach the next target Now this is good if we think for our benefit, we just think for the future price of Bitcoin and do not think that how will it increase in value. So if we have started thinking about it now, Bitcoin’s supply and demand is the base of its price to increase or decrease in value. If the number of participants in the market with their huge investment increases then the price will also increases. |
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See: There Is No Escaping History. Fiat Currency Eventually Fails. Notice that this is a critique of fiat money -- not a critique of state-issued money under a gold/silver or other standard. Fiat money is a rare occurrence in modern history. (We live in strange times!) As we can see, the examples found by the author are a small number of short periods here and there. I have my own critique of gold/silver standards, but that's another issue. This is true but the big problem here is not that fiat currency fails but the terrible effects it has in the economy in general and in the economy of each person, when the fiat currency fails it tends to sink the country and everyone becomes poorer because of it and then you need to trust that the government is going to finally get it right when they issue a new currency. Fiat currency is helping us in different ways of life or life activities so we can not neglect its value and role therefore fiat is strong and we will have it through out our life. We can invest in the most popular and powerful fiat as well like dollar besides this cryptocurrency has catch the sight of investors as it is a huge profitable source and diversifying investment is also a good strategy so most investors follow this strategy. |
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yes this is good time time buy Ethereum because it's price is decreased 200$ so you can buy now , it is good time to invest , not only ethereum , you can buy now any coins.
Looking at the graph, I can say that no one would be ready to invest sweet cash in ETH right now but the investment decisions is not only affected by the rise or fall of the current market. It is also affected by the future speculated prices and the current market values of the coins in the market. If the speculated prices in future are more than the current prices, many investors tend to step in and invest right away. Such investors are the risk lovers and this factor though looks irrational, often pay off. |
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Im a newbie both in this forum and the cryptocurrency subject, so I had been reading a lot and studying in the last couple weeks.But I still have some doubts. I always see people saying that there is a bubble in the bitcoin market and that there are many people who own big ammounts of bitcoins and can manipulate the market, so i dont know if now its a good time for a person who doesnt own any bitcoins yet to start buying then (i planned to hold them for a long time, not trading beetwenn exchanges) or if i should wait more. I also see fear about corrections and dont know well how those work and if they have an specific time to happen. Anyway, sorry for my bad english and thank you for the replies, even though I know im te only one responsable for my money.
I believe you should not buy Bitcoin at this time but please be patient, you can see that the market is fluctuating continuously and it is hard to guess, Bitcoin prices will be able to continuously fluctuate and adjust very strongly. Currently bitcoin is adjusting at $ 6500 and I believe bitcoin prices will probably drop to the $ 5000 mark in the coming time. Okay so if you are expecting further fall and dump, you must be planning to invest when the price is the least but I do not think anyone will sell their coins when the price is so low. In other words, people prefers to the holding strategy when the market is down. So I would advise you to invest in the coins right now and make great strategies to earn irrespective of what the market looks like n because there is always a chance to earn and the price of Bitcoin might surge high till the end of the month. |
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Buying fast and selling fast is a good investment for surfing, but if you invest in surfing during the bull market is good, but if we can make a profit from the market now it is quite good.
Now it is good because of the down market value of many potential cryptocurrencies and majority of the people might not invest because of the fear of loosing but they say be greedy when of others are fearful. Besides, if we think critically about the journey of Bitcoin and other coins, it is just the start. We are still to see the involvement of these coins in the daily life transaction as we step into the future. The pace with which the business sector in the European countries is accepting crypto tells the whole story. |
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You should not be scared of taxes as this is more like your civil responsibility to do. At some point, you need to take profits and this would make you to pay taxes
Tax payers should not scare of paying taxes because this is our government and they need tax to use for the development of our country and our surrounding so that we may feel comfortable everywhere without any difficulty. However government has to take care of it that cryptocurrency is decentralized and they should not interfere in it so as to left something tax free that we many enjoy just like many tax free countries for crypto. |
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Hey, so I've been thinking, with all this talk about mass adoption flying around and nocoiners calling bitcoiners a cult, maybe the truth is somewhere in the middle. There is definitely something religious about believing that Bitcoin will be the world currency at some point, but I also don't think that it will die off if the majority decides not to bother with it.
Thinking back to the first time I got in contact with Bitcoin, I didn't really think of it as being the "future of money". I kinda drank the kool-aid with the last massive pump. Not that I thought that would be the beginning of Bitcoin taking over, but maybe as a foreshadow of what was to come.
We tend to see things black and white and this is no exception. I have the feeling that even amongst bitcoin maximalists, there is a sentiment of "the whole world or nothing at all", that either at some point, Bitcoin will be the one money to rule them all or it will wither and die eventually. Being who they are in their somewhat religious state, they obviously didn't really bother too much with option two.
But these two paths, boom or bust, are not the only ones available, aren't they. We already have a Bitcoin economy, although I would argue that it is disproportionately small in comparison to Bitcoins current marketcap. Why not just expand on it? Why can't there be a future in which bitcoin exists as an alternative to fiat money?
Why does it seem like everybody is so adamantly pushing for one of two extremes? Isn't it more likely that the truth will lay somewhere in the middle?
I have seen a lot of people say all sort of things about this one currency but the truth is that it is never happening anytime or it might never happen cause I don’t see any reason why we need it. One currency is never going to save us. Things are alright as it is, the only problem we have in this world is that the wealthy ones are always looking for a way to oppress the poor ones. And trust me, if this one currency of a thing happens to take place it will even make things even much better for the wealthy cause they always benefit from everything, the poor will never benefit from it. |
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Why not both of them right?if they increase together will there's a big chance that it can be very easy for us to earn more since that we can use them both isn't it will be more amazing for us to be part of this imagine the best profit.
I think it's fairly obvious that he is asking which one do you 'prefer' meaning that you can only choose one. Personally I would love to have more fiat money (dollars) because I have a lot of ongoing projects at the moment which I cannot fund just yet. I'm waiting for the next rise of bitcoin and it'd be fantastic to fund at least one of them so there will be a start. Those choosing bitcoin obviously have a lot of fiat with them and are okay with their lives without having to exchange their bitcoin. I prefer to increase the volume of my bitcoin than the dollar, because I know that bitcoin has the potential to increase prices faster than the dollar.
For me I pursue to increase my bitcoin cause bitcoin is bigger value than dollar. Bitcoin has big potential to gain there prices faster than even bitcoin facing the risk it always on top value. Yes, compared to dollar bitcoin have the potentials to increase a lot bigger than our current dollar. So I really prefer to increase my holdings of bitcoin rather than dollars. Plus dollar (fiat) is subject to inflation. It just keeps on going down because they keep on printing it. Bitcoin is a better choice only when you're thinking of holding for a long time. Those who have some spending to do is better off with more dollars. Well both the currencies about which we are discussing are best for investment so we can invest in these two at a time to start buying both but you have to take care of few things. Monitor the market price and conditions of Bitcoin so as to find a low market for investment, similarly dollar is stable as well and we can buy it as well. Through out your investment you have to stay in touch with the markets so that you may get your huge returns of these two. |
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Is there something I can do with my tokens? I mean buy or trade my BTC’s for something real. Guys, if any of you know any such live/upcoming projects do let me know here thanks!
Yes ofcource its the future of bitcoin I mean the owner of bitcoin create it for future use I believe on it. I suggest you to look at also Peculium project they have already working product and it is very great project. You might never hear a statement like that from the owner of Bitcoin and about the purpose it was created for but as we get on to know many things about the technology, it is obvious that this is going to be the future of the economy of the world. The speed and the pace at which the technology is moving forward is amazing and more and more countries are accepting it for a prosperous future as it has been giving the opportunity to invest even the minimum money you have to earn quick and at times big money. |
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To say the best coin in this market can only be BTC. But to say that investing in a penny is more profitable, I find it all the same if you are a good investment.
Looking at the current market situation and the market prices of the top coins, we can say that the market value of the top potential coins is down and not so high which in other words mean that it is the best time to invest in any coin that interests you and that could be Bitcoin or ETH. A current and a low cost investment can enable you earn and make billions of dollars like so many people have actually made in the history of cryptocurrency and what else an investor needs if he is making money out of nothing. |
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Hey dudes hope you are well. I sell a lot of things on Craigslist. I am now planning on putting a couple things up and saying I accept btc or eth along with the greenback. Wondering if you guys have tried this. I
There is nothing wrong with it, that’s a good idea and I know there will be lots of people who would love to buy with Bitcoin, but just don’t make it compulsory that whoever wants to buy that stuff will be using Bitcoin, cause there might be people who would need but wouldn’t have Bitcoin or maybe not using Bitcoin. So what you will have to say is just ‘BITCOIN ACCEPTED… and you will those who’ve got Bitcoin rushing for it. |
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We are tend to talk about governments accepting bitcoin and other crypto currencies. We do have corporate companies who are the main source of income to all citizens of countries. Government are the first beneficiary of these companies. The country's development is depend on outsourcing. How well it would be if corporates adapt Bitcoin, other crypto currencies and blockchain?
If you’re among those that owned one of these corporate businesses around the world, you wouldn’t like to do anything stupid that will send your business crashing. Before these people take any actions they will first come together and discuss about it and see if it’s quite a good idea, they don’t just jump into without reasoning, if they see it’s good for their business they will go for it. I’m very sure that the board of chairman in these big companies might be having topics on Bitcoin sometimes and on whether they should adopt it or not. |
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1. 1 BTC = $1 Million by December 2020 – John McAfee
2. 1 BTC = $250,000 by 2022 – Tim Draper3.
3. 1 BTC = $100,000 by December 2018, Kay Van-Petersen
4. 1 BTC = $25,000 by December, 2018 – Tom Lee
5. 1 BTC = $20,000 by December 2018 – Pantera Capital
Which one is more realistic and do you think it will come to past?
All individuals who are just looking to sell the top. These people aren't interested in Bitcoin as currency or store of value, so why should we even care about their opinion? Tim Draper is somewhat of an exception since he has been a Bitcoin advocate for years, but also very much hinting towards the investment aspect. The only thing I see these people talk about is that Bitcoin will reach this or that level, where is the utility? Why are they not recommending people to use it as money? If I introduce Bitcoin to new people it's all about money and store of value, where the investment aspect is just a (positive) side effect with how small Bitcoin still is today. If I have to choose one option anyway, then I'll be on Tim's side. I would however lower it to $100,000 in all honesty. Agree! This is one of the reasons bitcoin has become more of a speculative asset as people rather focus on the thing that is just a side benefit and then discard the real life usage as currency aspect and utilize the functions and benefits it brings. It is this utilization that would bring about real and sustainable demand and not just some huge fluctuations to the top and down to the bottom all in the name of some people speculating to make their pockets bigger at the expense of others. |
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Handling cryptocurrency regret is somehow hard to handle but think about it as a challenge that you need to survive and to learn from your mistakes, from that you can use as a advantage because you learn the things that they not learn or experience.
Well you might loose at times just because of your own faults and this is regret no doubt but you should rather use that experience to make future decisions and that will decide your future profits. Having said that, you can maximize your profit and re-earn the money you have already lost by staying focuses and organized. Once you understand the market and make rational decisions about what and when to buy, you would be well off than before and this is something you learn slowly and gradually. |
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I remember the time, it was very profitable to mine and the price was good, but then I watched as the price goes down
I wonder why anyone would want to be paying so much attention on BTG anyway, knowing this is just one of those forked scams that should not actually be considered as any quality investment in the first place, except for some bunch of developers who are looking at enriching their pockets. I am sure bittrex must have had their reasons and so far so good, I really do not see much development coming up for BTG anyway in the long run, and except the team comes around to give something interesting than just a wannabe coin, then they might stand a chance but for now, it is nothing. |
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Hitbtc is good but big fees for some coin for withdrawal, cryptopia not so big in volume but so many pump group is playing on cryptopia..
HitBTC should be a no go area for anyone who is a smart trader or investor unless they would not mind losing their funds in such exchanges. KYC/verification is not particularly a problem and for those who are running away from it, they are the ones who probably after something to hide at the end of the day. However, there are exchanges such as binance and Kucoin with a high volume and more reputable, where you have a limit you can withdraw daily without verification or KYC. Apart from Hitbtc, Binance and IDEX mentioned in above posts, forkdelta doesn’t need KYC since it is a decentralized exchange.
Normally, a decentralized exchange does not need verification which is what makes them decentralized anyway. However, for exchanges with high liquidity and volume, such as binance and the likes, you will most definitely need KYC verification if you are going to be trading a huge substantial amount daily. Nevertheless, for small volume traders, there is just a slight restriction of maybe 2btc withdrawal per day which I want to believe is good enough for anyone looking for an exchange with no need of verification. |
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Most people when it comes to selecting an exchange to trade on don't take into account the fees associated with each trade that much, simply because most people don't trade enough volume for that figure to have any sort of major significance. Bittrex was extremely popular. But it's definitely not as popular now, especially after legacy accounts were removed from having the rights to deposit and withdraw without ID verification. That's why you see huge drop offs in volume in Bittrex as of now compared to a year ago. Thus, it's probably wrong to assume that Bittrex is still that popular as most of these traders who want to remain anonymous are moving towards Binance where a 2BTC threshold is kept for anonymous accounts. For the remaining account holders, though, they're most likely there to trade very specific pairs not offered on other exchanges; or simply diversifying their trading across multiple platforms. Right! I have seen bittrex to actually lose that recognition since they have decided to shut some people off their accounts without verification and also insisted on still using the old 0.25% trading fees. A lot of traders have moved to the likes of binance which apparently are gaining much more popularity as a result of the fees and that has made binance to be an exchange with the highest trading volume so far. Bittrex to me right now is still just living in past glories, and with the competition hitting the exchange space gradually, if they do not end up doing much to attract users, they may lose more volume than they already have. |
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I hate to say it but campaign is the best way out of the four you don't need to spend anything except for your time. I agree with The Pharmacist said about campaigns it's not a reliable way to earn but at least it's something. Few years ago when Bitcoin was cheap the payouts you'll get were almost similar to faucets.
If you have money laying around trading is the next best option wait for Bitcoin to go down before buying.after that you wait until the price goes up then sell. It sounds easy but when you're new to trading and you don't have the patience to hold it can be difficult to execute.
Mining is the second to last because the profitability depends on the price of Bitcoin, electricity costs, mining hardware. I have no experience with mining because it requires a lot of effort to get started plus the money to stay profitable.
Lastly, gambling is self explanatory it's not the best and not recommended you can't simply make constant profit through betting.
It may not be that reliable but in the main essence like you said, it is actually something. It is understandable that for those who may be looking for something they can easy make use of and something substantial in the short term may not really see it as something very much interesting. Trading is another very good source of making huge profit but requires a lot of learning, mining is not for everyone since you will need a lot of capital to get something substantial in the long run and then gambling should even be an area not to even attempt. |
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