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701  Economy / Speculation / Re: Too Many Gloom & Doomers! on: January 11, 2018, 03:24:06 PM
Fees have killed it and unless the developers deal the the mining monopoly then
the "Gloom & Doomers" are well founded and now could well be a good time
to place a stop-loss unless you like walking home instead of taking a taxi

Too many gambling addicts here if you ask me
The fees are really terrible and the long time you will have to wait to even get the transactions confirmed even with the huge fees is even becoming infuriating but I am sure that this is something that may pass soon on the introduction of the LN as long as nothing hinders it again and I really do not know why it is taking a long time though to get this implemented if so far seems like the best solution we have.

Honestly, it is really funny how some of the investors think and trust me mate, they will keep coming and as long as we keep seeing those who see bitcoin as an asset that would just keep rising without falling, we will keep having these fraction of people who will always panic and be ready to utter any rubbish that comes out of their mouth.
702  Economy / Economics / Re: Is bitcoin a good way to invest your money ? on: January 11, 2018, 08:51:53 AM
I heard that bitcoin is a good investment for making a huge profit in the future , is that right ? Because i want to buy some bitcoin in these days .
of course, Bitccoin is a good investment place.
I see the history of Bitcoin prices from 2014 until now the price goes up drastically. in 2014 the price of Bitcoin is only about $ 500- $ 1000 but today the price of Bitcoin reaches $ 15K.
so I think Bitcoin is a very good investment place.
Indeed it is good inevstment but we should not really focus on history now a days. The thing is we have to watch out the new ways of working of bitcoin. The principle for it has changed completely. There is no use of bitcoin in the currency transfer or currency exchange but what has left is use of bitcoin to make extra income or passive income source. Most of the inevstors are using the bitcoin as store value and nothing else. They apply the well known strategy now called as hodl and don't sell until you profit.

So it's clear that bitcoin is now best way to earn money and hence it has become the good way of inevstment. Great opportunity lies into it in the future as bitcoin gets upgraded each day. Hope to see some government recognised opportunities too.
I do believe you that long term investments are profitable ones but also other risk of losing money is equal in that situation if you are  investing your money in any ponzi scheme or else the fear of bitcoins price decreasing always remains constant. If you want to have good profits in holding coins than probably you will need a huge patience as patience is the key of success in holding bitcoins. Do not panic and keep on watching the price fluctuations for long term investments.
703  Economy / Economics / Re: Bitcoin for all levels of society, without any difference on: January 09, 2018, 04:56:22 PM
Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere

What is your response with this opinion?
Bitcoin has been changing the lives of the people for the past few years and it does not practice being biased since the profile of the users and investors are kept safe so it is much expected that the level of the society you belong to does not necessarily affect the experience you will gain from bitcoin. It does not matter if you are rich or poor as long as you are woking hard in here.
This is a good crypto currency for investment and transaction media. and this is a business that can be called, from us, to us. The ease of using bitcoin so far makes it easy for users. Hopefully it will be more than now, so every layer of society in every country will use it without any difference at all.
The ease is great and normally this is a currency that does not select or separate anyone and everyone have an equal chance. Some levels of society will definitely be segregated one way or the other and they are the ones with some limitations and no information about the crypto world. Nevertheless, this is something that would gradually change over time as we keep moving on.
704  Economy / Economics / Re: What will happen if the government know bitcoin in your country? on: January 09, 2018, 02:25:33 PM
the gov may ban crypto ( some have already done so), but that will not stop its development and sooner or later they will have to admint it. those banning may find themseves far behind the world
I think it us impossible I think to ban crypto. Bitcoin is now too much popular and is present in almost in every country of the world. Bitcoin popularity is increasing which is now compelling the government to take any step about bitcoin, because still most of the states are silent and they do not have any statement about bitcoin.
It depends how your country will value about bitcoin and other cryptocurrencies if they know what will be the benefits of bitcoin to their economy and people. Many countries have already banned the use of bitcoin and related decentralized transaction in the internet and they know that it could be the threat to the transaction of their currency. And because it’s decentralized it could be used in illegal transaction. But my country have different point of view and they’re open to legalize it. They also warned people about investing in cryptocurrency.
Yeah, and with the way bitcoin is going, reasonable countries will only end up finding a way to at least tap from the benefit bitcoin brings rather than looking at it as a threat. Most countries will end up legalizing it openly or silently and find a way to tax the users of bitcoin probably via exchanges and I believe this would affect the country positively. Take a look at Japan and how their GDP grew in a short while, while legalizing bitcoin.
705  Economy / Trading Discussion / Re: want to trade on: January 07, 2018, 06:07:19 AM
Yes don't just look at graphs on coinmarketcap but rather get an understanding of three forms of analysis. Those are technical, sentimental, and fundamental, if you understand these you stand to do well imo.
Exactly, if you do not have some of the analysis to pull it through, looking at the charts alone will never solve the issue. In fact, without knowledge, how would one even know what to look for in a chart ?

A lot of people usually gamble their way into trading and they end up losing the little they should have been able to make good use of and increase with learning. Learning is the only thing that can solve our problem.

There is a lot to learn that makes it hard for anyone to tell you exactly what to do here, but one good thing about the whole thing is that there are lot of resources online that you can make use of to get the very best of trading knowledge and unless you do that, you will just end up losing so much at the end than what you are going to gain eventually.
706  Economy / Trading Discussion / Re: Do you think its the right time to sell Bitcoin ? on: January 07, 2018, 04:50:28 AM
No, Bitcoin has just recovered recently. Its price is too low to sell now. But if you have money, you can buy more and wait until it hit new peaks again.
Right now, I see bitcoin recovering and trying to test the previous top very soon. These times are always good time to usually buy bitcoin as they are in the correction phase and with that you can make a lot of cash on them when they get pumped back. I always tell people, keep what you are holding. When you see a dip, pick your fiat and buy some and get some profit on them if you wish.
707  Alternate cryptocurrencies / Altcoin Discussion / Re: good time to take a rest from crypto on: January 06, 2018, 02:14:43 PM
so many coins at ATH... isnt it a good time to buy fiat and take a rest?


Especially considering that is Christmas and new year eve holidays it can be good idea actually. Buy and have some rest. Because my family want me to spend time with them not with my computer during the holiday Smiley
It really seems like a good idea but I would not advise going all out into fiat. Sure, a lot of them may still reduce a whole lot, but no one knows if this would be the case, but looking at the trend for years now, most of these alts usually take some fall while entering the new year, but I guess we just have to wait and see how they all turn out eventually, but it is good to take some rest anyway.

Taking rest will be depending on how you really want to see them. Yes, a lot of them has really attained a huge ATH and the best way it looks now, is to take some of the free money and wait to buy back at dips as most of them would be experiencing some huge corrections anyway, but no one really knows, so i t might be good not to rush into taking the quick way out and just look out for trends so you do not go selling cheaper.
708  Alternate cryptocurrencies / Altcoin Discussion / Re: RIPPLE PASSES ETHEREUM!! on: January 06, 2018, 11:27:39 AM
How can I buy Ripple XRP ?
You can just go through any exchange.
It is listed on bittrex, so you may want to get registered there and then load up some bitcoin into the exchange and then get XRP. It is as simple as that. I am not a great fan of XRP anyway but for profit, I would not say I did not get some as I saw this coming, so it is all good. However, for holding sake, XRP is not just my style as I am so tired of centralization.
709  Economy / Speculation / Re: Will Bitcoin fall again soon? on: January 06, 2018, 08:01:51 AM
It wont drop that much, it has already been going down for the last days but it seems that now it really wants to keep going up, so yes, if you are going to invest soon, do it right now that the price is almost going to go up soon.

Bitcoin will not drop anymore this was a chance given to all to buy as much as they can because some investors were complaining that bitcoin get rise worth so much shoot that they didn’t bought now this was for them and from now on bitcoin has no reason to fall community is already holding coins for the bigger value to come in price board and I think now prices will go up to give those people relief who are waiting.
Yeah, at least for now, we have gone to test one of the previous resistance and doing a sideways movement for now until we probably see another break out, so for now, we may have to see this for a while before we know the next level we are headed.

Those who were lucky enough to buy at a very good price will count themselves lucky enough very soon and those who are wishing it would test the previous support may just not be very lucky anymore.
710  Economy / Speculation / Re: Peter Thiel & Bitcoin on: January 06, 2018, 07:11:03 AM
Probably not.
He invested between $15-$20m in mid 2017.
With the price increase their holdings have increased drastically. If they were to cash out a significant amount then it would affect the price leaving the rest of their coins worth less.
The same goes with anyone holding large reserves looking to cash out. They sell small walls so they don't affect the price allowing the market to set the price and selling their coins in batches at the otherwise higher rates.
Yeah, these guys are usually looking at the bigger picture and the last thing they would want to do is to cause a huge scare in the market by dumping their coins all at once. Just like you have said, they would prefer to just go out bit by bit without it having any serious impact on the market and that is if they really want to do that anytime soon anyway.

Still, I doubt OP's concern will ever affect the price. That is a guy who I am sure is not really bothered about cashing out anytime soon and even if he really wants to do, he would not just go out all at once. To him, the amount he has thrown in should be more like a trial and error kind of thing, and with some of these big guys really being a part of the community; you should even expect better days ahead for bitcoin.
711  Economy / Speculation / Re: Bitcoin in 2018 on: January 06, 2018, 05:56:40 AM
Hmm..It's said that 2018 will be the year of alts. And all these hard forks news..Don't know for sure, but I will hold my BTC and buy some alts, like B2X
Yeah, and a lot of those alts are really doing hugely well right now as we keep seeing a lot of them increasing hugely right now in value than we can imagine.
No one can say for sure how long this is going to be before bitcoin start again, but due to the last year forks and all, a lot happened that really caused a huge bloodbath for the alts and we hope we do not see a repetition of that anytime soon.
712  Economy / Gambling discussion / Re: Do you think you are a gambling expert? on: January 06, 2018, 05:37:34 AM
I am too much unlucky I hope Grin...when I gamble may be I got a lot of amount by betting all my coins...then becoming greedy I bet all amount again and empty my vessels..Hehe...Its really a fun actually nothing else..
Not just you bro, which was the main reason I stopped gambling anyway. It is easy to say you can have fun and just count everything as well as losses as part of the game. However, once all you do is to keep losing, there is no soothsayer that would really need to tell you to stop unless you just want to keep losing the more which was what I noticed in my own case.

being too confident because of a big win will be a big mistake. Experts in gambling don't think that way because they know that gambling results can't really be known for sure so they're cautious as well
Yeah, and that is the big mistake a lot of people always end up making and then discover that they have lost both the big win as well as their own funds at the end of it all. There is even something about most of these sites; they tend to make you feel too comfortable until your level of comfort will end up making you to keep going until you see yourself losing a lot.
713  Economy / Gambling discussion / Re: Why do we need to gamble? on: January 06, 2018, 04:34:19 AM
Because they think that gambling is the easiest way to earn money.

Only a dumb guy will gamble in order to lose all his money, and greedy is the only way in that you could feel satisfied in order to gamble.

If you are doing bets of less than a dollar or so, then there isn't any problem at all, but if you are a poor guy who has a wage of $1000 a month, are you seriously about gambling the half of your wage in there?

That is the main thing that most people do, and they think that a simple slot game will resolve their lifes.
The thought some people usually have when they gamble is that they are just going to get lucky overnight and end up winning a lot of money with either some game because it is provably fair and assume some strategies will just keep working for them to keep earning something tangible every time.

Although, those little amounts are not even worth gambling and it is better to not even gamble at all as far as I am concerned or probably just spend some few dollars trying your luck on jackpots.
714  Economy / Gambling discussion / Re: The Gambler's way on: January 06, 2018, 03:54:16 AM
You cannot beat mathematically or with probability a casino online, offline you could but you don't anymore as they have put betting limits. How you could have beat up an offline casino ? Pretty easy, you go to play roulette and place a bet always on red, out of 100 rolls, probability for it to be 100 rolls on black is mathematically impossible in real life. But unfortunately you can't because of betting limits in offline casinos and in online casino since roulette is run by software it is possible to fall 100 times on black. You simply can't beat a casino but you can have higher probability on sport betting when you take into considerations many details, statistics, form of teams, injuries, referees ,predictions sites etc.
Your probability and mathematical skills can only work a little bit or give you an edge somehow, but there is just no way you would not have to depend mostly on luck because that is the only way you can win so much but even at that, if you do not give yourself some brains, you will still end up losing all anyway.

The truth is that the house cannot be beaten and if everyone could have, we would all have been rich by now doing nothing but auto playing.
715  Alternate cryptocurrencies / Speculation (Altcoins) / Re: should i invest in ETH or Ripple? on: January 05, 2018, 07:32:26 PM
Are you short time or long time investor?
You need to pick the coin based on how long your investment will be,if you are a long term investor definitely go for the ethereum because Ripple price bump looks temporary and it will hardly fall soon.As you said ethereum price is very stable over the past so the risk is less when compared to ripple investments.
I am so much looking at how the fall of ripple may be like. Ethereum is by far super and no one should be deceived by the ripple pump or the jumping to second place due to the increase in market cap. This is a controlled environment and that is something I really would not place much value on anyway. So for someone who wants to invest in ripple, you may as well just decide to hold some USDs instead.

If they are really looking at the long term thing, then ripple should be the last of the coins you want to put in your portfolio. For the short term profit though, that is really not bad. However, either short or long, Ethereum will always be a better choice for me when it comes to investment than ripple. Ripple is a centralized coin and I really do not classify it as a cryptocurrency.
716  Economy / Trading Discussion / Re: Neutral Coins to Hold Currency on: January 05, 2018, 06:52:48 PM
what would you say would be a good coin to use for a neutral hold that doesn't gain or loose much at all?
some where that I can save my gains from something like LTC and take my gains while market goes red and put them into a certain coin that doesn't move,
suggestions thanks
No guarantee of the cryptocurrency will be stable or not losing much value when the market correction
I think FIAT is the best currency to hold assets when the crypto market correction if there is no local currency available in your exchange then the alternative is USDT
Fiat is just the best way. There is no other cryptocurrency you can trade with except USD/USDT as the case may be in most exchanges. This is the only way you can hold a currency that would not fluctuate if that is what the OP is really looking for. I have been trading mostly USDT pairs and some BTC pairs and I have noticed to be making a lot trading USDT pairs anyway but it all depends on everyone.
717  Economy / Trading Discussion / Re: Turning $50,000 into 1M in 365 days- Buy and Hold possible? on: January 05, 2018, 06:12:15 PM
Just an opinion,  i think you should have more several micro cap coin with price tag under 1 cent, they have a lot of room to grow and its easy for them go grow to 0.1cent

agree with this, but we can't know for sure whether they will grow next year. just look at the case of RDD, it reach more than 1000% growth from 10 satoshi to 100 satoshi (which is i don't know for sure why, maybe lots of people starting to get their eyes on little coins)?
No one can really know anything. It is an unpredictable world and one definite thing is that there is a lot of uncertainty, fluctuations and some of these coins really end up getting soaked with BTC rising up, but looking at last year, we can see that most of those coins are not where they used to be as they have really increased in value a lot and that is one way to get to know how well things can still be for alts. Look at ETH, DASH, LTC and the likes and the level of percentage at which they have increased.
718  Economy / Economics / Re: What Is with The Negativity Around Bitcion...... on: January 05, 2018, 05:22:21 PM
As much as I concur with you, these days there are such a significant number of dangers engaged with bitcoin. The issue isn't about bitcoin, yet as indicated by what you have stated, its about the general population, about how they collaborate and what are their approach about bitcoin. They have a tendency to truly rush things and need to choose it by their own pace.
There is no way we should never expect a rush as some people nowadays are busy looking for the easy way out and that is a bad thing.

On the other hand, there is also a good side to it, as I have seen a lot of people who did rush but eventually got to understand how the whole crypto system works. We cannot discard the fact that some people are too lazy to study, but as long as they feel things are going to be right in the long run, they will surely keep coming.
719  Economy / Economics / Re: Bitcoin's price is getting low on: January 05, 2018, 05:02:52 PM
ending of last month and starting of this year bitcoin has fallen, this may be the real price of the bitcoin because everyone has shown his interest in btc so that time btc demand rise and now people just purchsed at any price it is available.
The price of bitcoin coming back up is something that is bound to happen anyway. The whales are always the main dudes in the market and it has shown that the level at which they really have much power to get the value dropped to presently be the base we have. Right now is the best time to really get the best value from bitcoin as within the next few months, some of them will resume back after the long break.

We may just have to assume that a lot of people cashed out for the festive period or possibly state the fact that the huge correction was really needed and expected to bring back sanity into the market. I thought it could even be worse than this, but it seems the market is still quite strong and a lot of people and investors despite the huge dip in price still decided to hold anyway.
720  Economy / Speculation / Re: Lightning Network was tested on mainnet today! on: January 05, 2018, 03:09:07 PM
[IM G]http://i63.tinypic.com/2n8whmo.png[/img] will it take off?
Oh! I am sure this would be the case. Bitcoin is in the limelight and we all know what news like that is really going to cause for huge adoption. Taking off as far as I am concerned is guaranteed and for those who switched from Ethereum and vouching for Ripple because the market cap is increasing, I am sure they will finally get their questions of ripple taking over answered. Of all coins, ripple? That makes me laugh.
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