BCC is in total agreement with Satoshi's Whitepaper. SegWit is a wild deviation very far indeed from the whitepaper. Why do people insist on calling Core's Bitcoin the 'real' bitcoin. Bitcoin Cash is going to rule because on chain scaling will prove fine while Core Blockstream's altcoin will burn in flames. Don't sell your BCC.
Nothing is flawless in this world, so a person or system needs to be upgraded to function properly in a dynamic environment. I believe that's what happened to bitcoin. With SegWit activated, bitcoin will be ready to perform better than previous systems. That overhaul was needed because transaction fees was getting higher and confirmation time was becoming longer. We all know that, in this world only fittest can be survived and thrived. Anything less effective will have to be replaced by a more effective system. Bitcoin's price was crashing due to all the faults in the system. And now you can see the market is riding high with expectation. SO even if bitcoin deviates from the Satoshi's whitepaper. We are going to support bitcoin. |
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Hello everyone!
So lets someone has some bitcoins maybe worth about 100 to 500$. What could be the investment do where the bitcoin holder is quite new to the crypto currency world and want to get guaranteed profit from the investment.
I know that holding bitcoins are good, but what are other good investments you can make with bitcoins?
Would like to know what you guys about this.
Thanks!
There is no good investment in Bitcoin other than holding or trading. Gambling will also help you to earn some. However, never invest a single penny in to cloud mining company or in a ponzi scheme. You will end up loosing money and nothing else. If you don't know much about trading, then just earn bitcoin and hold that in a safe place. That will help you to increase the value over time. But avoid any kind of investment which offers you a daily return of some percentage from your invested amount. They are all ponzi and scam. |
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Hey guys, I just wanted to know if It's safe for me to keep my bitcoin in this wallet, I have the Seed and recovery phase or whatever..
I too had the similar question in mind and hence I posted a similar thread like you. https://bitcointalk.org/index.php?topic=2051882Check the thread and you will find a lot of answers which may help you to understand the situation. Among all suggestions, I see that moving my funds to Electrum wallet is easy and reliable. So I did that. The best part of electrum wallet is that, you don't need too download the blockchain. Just download and use it. I am not sure how they are going distribute BCC, but I will be happy if my bitcoin holding is safe. |
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What would it take?
Does the volatility settle if certain amount of merchants accept payments in crypto? Or should there be more people that would get paid in crypto? OR should there be a cryptoeconomy where people and businesses get income in crypto and spent the crypto?
Furthermore, could the volatility be even solved? I mean of more and more people are getting into Bitcoin, when would such demand cycle cool down?
I would like to know the economics behind it.
I believe crypto currencies will remain volatile for ever because no one is going to regulate them. Why real world currencies are less volatile? because they are regulated by the government authority and also these currencies are backed up by some real asset like Gold. So they are less volatile. On the other hand, crypto currencies are volatile and that's what makes them special. There is no regulatory authority for the crypto currencies. So the volatility creates a lot of trading and hedging opportunities. I believe, crypto currencies will be less attractive if the price is stable. Volatility is what makes it attractive and traders around the world can play around it. |
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I was confused with the same thing because I use both offline and online wallets. So someone suggested me to use Electrum wallet and transfer all my online fund to that wallet.
The best thing about electrum wallet is that, it is light. You don't need to download any blockchain to your computer. I have just installed one and about to transfer my online funds to that wallet soon. I hope I will receive a good amount of BCC because I am going to hold a good amount of bitcoin in my electrum wallet.
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Had been in a dilemma after seeing BTC-E's owner being arrested for a $4 Billion money-laundering fraud which he had been conducting, who knows that from when. First Mt Gox, then Bitfinex then Poloniex and now this, few were hacked and some had their admins only cheating their users.
Do you really think any exchanges are trustworthy anymore?
True! A lot of users are in the same dilemma I believe. But I also believe that, not all exchange admins are scammers and they try to run a business here for long term. However, the current scenario is forcing a lot of members to re-think their accountability. Since I trade a lot, I keep a good amount of balance in some exchanges. But I always transfer at least once in a week to my own offline wallet after the weekend. I get most of my time to trade during weekends only and after weekend, I transfer any extra money above my holding threshold to my offline account. So you need to set a threshold for yourself, like 100 USD. Anything above that amount will be transferred and stored in your wallets just to make sure that you don't get hurt if your exchange goes down. |
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Hi All,
I mostly use my hardware wallet to save most of my bitcoins where I have access to my private key.
However, I also keep a good amount of bitcoin in my online BlockChain wallet for quick trading transfers.
my question is, do I need to worry about my bitcoins I hold in my online wallet? Will it be safe? What can be the consequence of of August 1st network split on my bitcoins?
Can anyone please give me an answer?
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i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically.  what is your opinion? Well, that a relative phase. If you are making mistakes and not getting much profit, you may think that you are spending too much time in trading and that's frustrating. You are true as per your situation. However, it may change if you start getting desired profits from your trading activities. I don't spend much time trading because I have a day job and I earn a decent salary from my job which takes care of my daily expenses. And whatever I earn from my trading activities, goes in to my savings. So for me, the more time I devote towards my trading, the more profit I make. |
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Tell us or me what your trading strategy is
I do small gains on large dips but that's a risky move, sometimes I climb the mountain when the price rises or when news opens up.
I'm curious what others do to gain money.
I keep my eyes and mind open every time and track the market almost everytime, even at my office. That's my strategy to trade. Also patience is very crucial because traders need to have patience. Without patience, you will tend to make drastic step which may not earn you anything. Market tracking is very important because then only you will be able to notice the trading opportunities and make use of it. Also you may look for arbitraging. Where you can buy frm one exchange at a lower price and immediately sell at another exchange at a higher price. Google it and you will learn arbitraging. |
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I don't see any practicality of creating a new currency which is cloned and also CA is the part of USA, whose currency is considered to be one of the most strongest. Why would CA loose that opportunity? Also if the currency takes a hit from the worldwide population, then the economy of CA will be in danger.
If a country tries to create an original crypto currency along with the conventional currency system, it is better to experiment but not without the original currency they already have in place. So if the experiment fails, they will have something to make use of. If CA moves to create it's own digital currency, the consequence will not be good in any way.
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Hi, I was wondering if I should quit my job and focus more on bitcoins? Because I think it might get me even richer without a job?  Why can't you focus on both? I think it is always preferable to have a steady source of income which will keep you going through the difficult times and also focus on bitcoin during your free time so that you can earn extra money and save it. While your salary will take care of your daily needs, bitcoin will help you save and make a bigger size of wealth over the years. I do both. I have a day job where I earn a decent salary compared to my age and I also trade during my free times and mostly during weekends. Whatever bitcoin and altcoins I earn, I simple save it for my future. |
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It's not impossible to reach that price level especially with Segwit activate, bitcoin network is expected to more efficient which is more like draw more investors into the market. So the market cap is also expected to increase, which will further increase the price.
Bitcoin already broke in to the 3000 USD price barrier earlier but couldn't hold that price and came down. However, expectation is running high for August 1st and I think by the end of 2017, we will be able to break through 3500 USD price limit. Keeping my fingers crossed.
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Hello community,
I know there are many other similar threads like this but I could not find an answer to this:
Given, you start now (August 2017) investing in Bitcoin and the current price is somewhat around $2.500 and you want to "hodl" (just hold it in your wallet, do not gamble or trade). How many USD do you think you need to invest in order to become financially independent (millionaire) in 8 or ten years from now?
- $100?
- $1000?
- $10.000?
- more?
I know that if one has had invested in 2008 or 2009 when the price was low he would be rich already but I have no time machine :-)
So honestly, what do you think? Is there really a chance Bitcoin will increase that much in value again like in the past? Or has it already passed its zenith and newbies should better stay away now and focus on Altcoins instead? But if yes, what Altcoins exactly have a great future in your opinion? Ethereum? Dash? Antcoins? Shitcoins?
Thanks so much for your opinions!
Well, that's very difficult to say because we have factor in the inflation rate as well. Because the value one million dollar holds now, it will not be same after 10 years. The purchasing power will decrease over years and you will be able to buy less goods using one million dollar compared to what you can buy today. So that's a big calculation. However, I can say that, investing in bitcoin can give you at least 25% return in a year. That's the minimum I am talking. I have got more than 100% return from just holding bitcoin from last two years. so the percentage of return can increase as well. There are lot of calculators available online which will let to do the calculation with 25% return. |
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Crypto is now a $100,000,000,000 market. Congratulations to all believers and hodlers. How high can this nascent market get?
That's a great news indeed. A major milestone crossed and I am sure this is not the end. It will take time to reach the next milestone though but we can't really assume how far it can get. The market cap of bitcoin and ETH alone can beat the GDP of few countries and we have around 1000 different crypto currencies. The more the merrier. The more people will start using bitcoin, the more the market cap will increase and it can fetch any value which may not be understandable by normal people like us. It may go beyond our imagination. |
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I just heard that they tried to run away with approximately 66k bitcoin. It's good that police were able to track them down. But I am sure the legitimate bitcoin owners will never get back their amount and it will be seized by the government to fill up their treasury as unclaimed funds. It is really a sad news because due to these kind of scammers, the reputation of bitcoin is in danger and general people will think that bitcoin users are mostly scammers because they don't get to look at the bigger pictures. |
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Hey, I am 15 year old and wondering if i can have signature campaign as job, imo yes, because i completed 2 signature campaigns (mobilego and zrcoin) and i got 808 mobilegocoins which is worth about 800 euros, and 54 zrcoins which was worth about 50 euro. What do you think?
Sorry if my english is bad, It is not my language. Sometimes I might mean things other than I wrote
Edit 1: I mean this as a job till I am older and have a full time job, if I have a fulltime job, I will keep this as a side job (if it is still possible)
Having signature campaign is a good way to earn some extra cash but it is not a replacement of a real job. Since you are still young and probably living with your parents, you can bank on it to earn some extra pocket money to spend for yourself without bragging for money. However, never underestimate your studies. Study well and once you have a real job in your hand, keep this as a side income. It is good to have some extra savings because you never know when you will need cash. |
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Hey Bitcoiners? I'm desperate to start earning BTC
I'll do any kind of online activity as long as there's a Bitcoin payment. Where do I start?
The best way to earn bitcoin without investment is to join a signature campaign. However, newbies are not preferable in any signature campaign so start building up good quality posts to rank up. Once you become a Jr. member, you will be allowed to apply for a signature campaign. Once accepted, continue posting quality contents so that you can continue earning from the signature campaign. Once you have money in your hand, start with trading and gambling which will further increase your income. But as of now start posting quality contents so that you can rank up and accepted in a signature campaign. |
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I really like the thread OP had written. The most important thing is patience for a trader and the capability of taking the hit from the initial losses. When I started with my trading, I had also faced a lot of losses. I started with a small amount to understand the market dynamics and faced losses.
However, gradually I increased the amount and started making good amount of profits. Currently I easily earn a good amount of profit during my weekend trading sessions. If I was disheartened from my initial losses, I would have never seen my current days. So have patience and keep trying.
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When BTC dump to 1900 , it was panic selling. Many people feel uncertain about Aug 1. But now the vote show that 80% miners vote for SegWit. It means that there is a fixed situation after August 1. ALthouh there are big blockers who opposed Segwit , the percentage is about 20. They plan to split the chain and build their own network. 80 % miners who vote for Segwit give assurance to the bitcoin holders that there is no crash after August 1. Most people are affraid of crash when voters who support and oppose 505 balance. The bitcoin become zero value. Now you can see the price now is 2700. https://www.cryptocoinsnews.com/segwit-reaches-80-of-the-hashrate-likely-to-soon-activate/True! there is a lot of confusion going around for August 1st but I believe no impact will come to anyone even if there is a chain split. 20% of miners are acting greedy but I believe eventually they will also agree to join Segwit after seeing the good side of it. I was telling people to buy more and more bitcoin when the price had gone down to 1900 USD level, now look at today's price, you will understand how much profit they would have got. I myself bought some bitcoins during the price was running low and I am already sitting in a huge profit. People will have to think positive about bitcoin and then only positive thing will happen. There are a lot of people around who tries to discourage people from bitcoin because they want to buy it cheaper. Don't listen to them and invest in bitcoin. It will be rewarded suitably. |
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