I'm curious if day trading in crypto is more profitable comparing to forex trading? It is true that Bitcoin have a high volatility but if you need volatility you can just pick USD / GBP pair and then chose a higher leverage to get a higher profit. It seems like the amount of leverage can fix the lower profit in forex and you just won't have to deal with all crypto related problems. I will appreciate if any experienced trader wil explain me the situation. Thanks.
Ok, first of all, remember crypto trading isn't equal to forex, in crypto trading your coins can lose value, but you will hold the same amount of coins, but in forex you can lose it at. Now getting back to the point. I would say yes, trading with crypto is more profitable and that's because some coins can hit +1000% in less than 24H, i have never seen the 1000% in forex, and when I see it in cryptos was hard to believe. That 1000% isn't easy to get, you need to chase the coins and roll in a lot of exchangers, but is real and it's possible. With that right luck you will choose the right coin |
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Well, think about what you would say last year. I mean, patrons have changed all over 2017, while they were going quite stable from the last years (from 2013 to 2017, for instance).
2017 showed us how can a cryptocurrency arise as a really substantial item. So, If we based our beliefs on BTC´s behavior from the last 5 years, for instance, It seems possible to get some kind of stability anytime. But, looking the whole picture, meaning: media, newbies, investors, great companies interest in BTC, salaries of big companies paid in BTC, &co., I believe 2018 is going to look similar to the last 2017.
BTC is changing the world here. It is becoming “famous”, and I believe its fame possibly will produce dramatic changes in its behavior.
For example: a bunch of new people which wants to get into the Crypto world but get easily panic. They, for sure, will sell all the BTC in a short period of time, so its price will get down and up as a roller coaster.
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I think not because if they hodling you won't see this correction/dip/crash(whatever you want to call it) many people are getting out of the boat because if not overall marketcap will stay the same even if they move from coin to coin to profit but instead marketcap is decreasing which tells me that people are actually cashing out.
A Lot of people is actually holding until the BTC price rise again. But, of course, some need to sell their BTC in order to get money and buy stuff. That depends on how much money do you have and how do you earn the money. In the forum we see a bunch of publications of people asking “should I quit my job to get totally into BTC?” Well, it depends on how much BTC do you have. In my case, I try to hold as much as possible, but when I need cash I usually wait until BTC rises a little and then I sell them. If I had all the money, I would never sell my BTC, instead, I would wait for years holding them, but such is life!!! |
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That's funny, and it is becoming a kind of tradition. Every year there are someone who gives the same senseless speech.
Well, to those ones to believe BTC is based on air, I will say: “Ok, so, what is your opinion about Contemporary Art market? Do you know they can sell you the authorization (only a paper where you are allowed to do something, usually sing out by the “artist”) to put some rubble in your dining room, for the reasonable price of $1,000.000 dollars?”
Contemporary art market is thin air, indeed, it has become the best way to clean dirty money, I’m afraid!!! But everybody looks to the other way, for this is “art”. Nevertheless, how they love to say senseless but beautiful phrases like the one you posted about BTC market!!! We should just laugh!!! ;P
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What do you think is happening?
Is people hoding less their coins?
Is there more manipulation by big whales, speculators or big institutional investors trying to profit the flavour of the moment?
I feel that there are big players "pumping and dumping" in order to manipulate the market to stabilize price and "control" in a certain way the price fluctuation.
Obviously bitcoin is very dangerous for our old corrupted economy, don't you think that in acertain way there's an unusual stop of the past few months trend?
After reaching $20k there's a correction to $17k and then price stabilizes at 11-12k with mini-dips that last seconds before going uptrend...
In my opinion the key factor could be also that if bitcoin reaches $30-50k then it will be very difficult for newcomers to buy bitcoin for buying altcoins in the exchanges.
So that stabilizing the price to an affordable $10k for a while could be a way to engage more people to bitcoinworld.
Or maybe it's all ok, there's no manipuation, it is a stanby before the big run to $50k-100k. Then newcomers will start buying and trading in Ethereum or Litecoin, because at the moment there aren't exchanges accepting fiat money, you have to enter and buy your altcoins directly with cryptocurrencies...
Which in your opinion are the main reasons?
Well, define “stable”. In the first place, it is only january. In the second, I don’t believe the price is stable right now, there are fluctuations of over $1000 per week, which means a lot of money if you think on those who have a significant number of them, or if you attend to the big picture here, I mean, the market current value of BTC itself. If you take a look of the whole history of BTC, you will see it was “stable” for years (from july, 2013 to approximate the spring of 2017). Since there, it has been going up and down, and I think thats precisely the reason we see it now as “surprisingly stable”. Look at the graphic below. The whole history of BTC versus the last year. It has been crazy from the last 11 months. So, what I mean, is: stable or not, it depends only on your own perspective and on what do you compare the current situation. Thinking on the future, I believe it is going get up and down all 2018 until, at least, it reaches a “stable” price. It depends directly on how it is going to be use, if as a current coin (for instance, for payments in Amazon, or so), or as it has been use, principally from the last year: as an investment on speculation market. |
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Well Japan is, certainly, improving a really intelligent system. I believe soon other companies will follow the idea, for BTC seems to be here to stay in the market as a really suitable item.
I wonder how they are going to set the salaries even when the price of BTC is always going up and down. Maybe would be better if they get X BTC amount/month, than X USD Amount/month. But tricky risk.
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The number of bitcoin is only 21 million, is that enough for the future?
given the vision of bitcoin to become world currency?
what do you think of this?
Of course it is enough for the future. Just remember BTC has 8 digit after the point (0.00000000), so eventually the fees will get down and people will be enable to send 0.00000010, for instance, and it will suppose much more money than today. The system has been designed this way precisely looking at the future of BTC. |
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If I planned on buying some coins today. Which would be the better long term investment, and why?
Its depends directly on how much money you have. If you have now a pretty substantial amount, I should say: invest on BTC, for its price is low now and you can earn money in a short time. If you don’t have a lot of money and you want to make a tiny invest, maybe you should choose an altcoin, as Dogecoin. There is also a third panorama, the intermediate one, where you have money enough to buy an important altcoin, as BTC Cash or Ethereum. I would choose this option If I had enough money or if I had a lot of money and didn’t want to spend it all. Those three options are good enough to see substantial profits anytime soon. |
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Which altcoins are best for small payments in terms of transaction costs and speed?
I should say DOGECOIN, for any transaction only cost 60 satoshis. They are cheaper transactions, cheaper coins and DOGECOIN seem to have a bright future ahead so, for small investment and in order to get cheaper transactions I feel that’s the best. If you want more options search for coins with low fees. |
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A US government institute has claimed Bitcoin Cash (BCH) is the “original” Bitcoin while Bitcoin itself (BTC) is a “fork” in a surprising official research into cryptocurrency. In a document titled “Blockchain Technology Overview” from the National Institute of Standards and Technology under the US Department of Commerce, authors Dylan Yaga, Peter Mell, Nik Roby and Karen Scarfone claim that “technically,” the perception that BTC is the genuine version of Bitcoin is incorrect. “When SegWit was activated, it caused a hard fork, and all the mining nodes and users who did not want to change started calling the original Bitcoin blockchain Bitcoin Cash (BCC),” they write. Read more https://cointelegraph.com/news/fork-fail-us-government-claims-bitcoin-cash-is-original-bitcoinWow, crazy to see the Nist behind this article. This is huge because if you realize who is Nist, they are the ones who make the rules for almost anything  So, will be important to keep an eye on this, because will be one crazy colossal business vs the coin developers and miners, who will win this fight, let's keep tuned. They say bch is the original chain but will be hard to see people believing it. |
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Greetings to everyone! There is a pretty new anonymous cryptocoin which has a huge potential and is currently at a low price. It has 21 bilion max supply, which is 1000 times more than Bitcoin and the block generation is much smaller in time. The transactions are sent in seconds and validated in just a few minutes. It brings stealth by the zkSNARKS algorithm, being a proof of work (POW) coin, currently based on EQUIHASH. So it is ASIC resistant. Is called BitcoinZ and is inspired from ZClassic. Here is a video about it and an interactive explanation of the zkSNARKS algorithm: If you have some free time, please check it out. https://youtu.be/3hVG888tOpYI would like to hear your opinions on it. I think that it may have a great feature, because the community is dynamic and they want to improve the technology. I also heard that they want to add smart contracts. Have a nice day!But that's not new at all... about the 21 Billion max supply, we have dogecoin with a big supply too, about the fast confirmations we have clams who have blocks each minute. So the coin you are promoting is just another new alt on the market... I wish you success but i would like to see coins with new features, not more new coins with the same old features... |
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given the cayos happening in the world i wouldn't be surprised of nuclear war and in this case i would expect internet disruption question is what happens to Bitcoin if internet goes down?
home internet and mobile internet goes down
do not mean trade bitcoin to buy/sell i mean using it as a way of payment say you wanted to send money to someone abroad for family far away
If internet goes down, the price should be stuck, since no one can buy or sell the price will freeze in time. We have two scenarios: 1.-Internet goes down for a short time... If that happen then when internet comes back things will go back to normal. 2.-Internet goes down and never come back... If this happens then we can say goodbye to bitcoins, but if this makes you feel better, I can tell you will miss more other internet services than bitcoin. |
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Everyone says trading is easy,you have to pickup a good coin and then invest your money there..Will you guys,please tell me how I know it is a good coin or bad?What certain things I should check about that coin?What types of information helps me to know the coin is good?
The good coins are the ones you buy and give you big profit. Those ones who you can buy at $0.01 and sell at $10... But is hard to know what will be the next bumping coin in the market. But you can follow trends and news, that way if you read about banks investing again on ripple, you can invest too and ride the wave with them. At the end, good coins are the ones who people talk about, better place your bet to something secure. |
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People want bitcoin for the same reason they want gold. Because it has a nice price on the market and the amount of bitcoin is limited. But people want bitcoin to make money with time, you know... but at $10,000 then sell at $100,000. If people are good at holding, then will be easy for them to make profit. People want bitcoin to send money for other countries without paying those big fees to banks, and one last reason is; people want bitcoins because no one can freeze your money (like banks do), so, if people have bitcoins, bank and gov can't do anything to stop them  |
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I was invited by a friend of a friend to invest in Bitcoin last year. He told me that if I invest 5000 in our currency it will be doubled in a month's time. He also promised me that I will get referral fees and override from every person I introduced to Bitcoin and that prices of Bitcoin are expected to increase. To make the story short I did not join because I believe its a pyramiding scam. Truth to be told I did my research on Bitcoin after that and it turn's out that Bitcoin's price was really on rise unfortunately I did not invest at that time. Currently I'm learning more thru this forum and I thank my friend for inviting me here. Just last December I heard from one of my friends that the company they joined was in fact a pyramiding scam and the money they invested in just vanished out of thin air together with the people who invited them. We should be wary of people offering investments and opportunities to us. Do your research. Opportunity comes with risks as well as the rewards. If its too good to be true, it might be a scam. Bitcoin is not a SCAM but there are people who uses Bitcoin to SCAM other people. Good luck to us and more power to Bitcoin!
Hello Smith. A lot of people use bitcoin as a scam, in this forum, we know that kind of business as Ponzi. That piramid business always run with the money, and isn't cool, because they give bad trust for new bitcoin users. A lot of people even in this forum promise that they will double your money, but that's a lie, so don't trust them, better learn the right way to use bitcoin and altcoins. The most secure way to use this coins is by holding them, if you want to invest in bitcoin or other alts, then buy the coins and hold it in your wallet, that way no one will run with your money, and if the price goes down, that doesn't mean you lose your money, you can just wait until the price recover. If you need more information about how to manage your bitcoins in a secure way send me your questions on a PM and i will help you. |
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who among you here heard bitcoin back in 2009 and 2010? I was one of the people who is very skeptical about it and I really regret it.  I missed the best opportunity for a lifetime. But that's how bitcoin roll, we can't look back, always forward. Has been like that since the start. So, better be happy that you are now on the right track. Of course, we lose an epic chance on life, some people ride that wave and now they are millionaires but don't lose your trust, we still having a chance with some alts. Better ride some alts now before ask yourself in some years; Why i didn't buy a million doges when i had the chance?... |
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well, there are a lot of theories about Satoshi Nakamoto.
People say he is a Hacker, or he is a group of hackers (white hat). Not those kind of hackers who want to destroy things.
He has to stay anonymous because he declares war to the current economic system, so, for sure lot of gobs and banks want him in Jail.
What we know about satoshi nakamoto, is that he creates bitcoin code and the white paper, and he was the first guy mining blocks, so in theory, he is a millionaire. But at this point, he hasn't moved the first mined bitcoins.
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Damn, that sounds bad. a lil more than 500 million stolen. #HackersGonnaHack! We can all learn how important is the security in this system who manage wallets... All those systems are at risk just for holding those coins. Hackers will always try to find the way to get those coins just because there is a high prize for the ones who vuln those systems. Let's hope that doesn't impact much the markets |
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Any predictionist that predict bitcoin will bullish run up to 20k$ this year ? Year 2017 bitcoin hits 20k$ but dramatically down at 11k$ ! Looking for advice if it is good to invest in bitcoin or nahh ?
Your suggestion is highly appreciated !
Thank you !!
al $20k... again? People had their chance and let it go... god doesn't give second chances but bitcoin does. I think it will be at $20k again but not sure if that will be in this year. Remember when it was at $1000 for the first time, after that it goes down to $200, and stay between $200 and $300 almost one year. So, let's keep an eye on it and see what happen. I will pray for that $20k again, but no idea if that's possible at all. |
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