now a lot of investors are investing in bitcoin, therefore bitcoin has increased very rapidly, if bitcoin decreased what should be done?, whether the investors will lose? As an investor you should really be prepared on this stuff because its always been part of the risk on investing on bitcoin of losing money knowing that it has a volatile price which means anytime you can lose up money depending on what price did you bought your bitcoins. Usually most people do panic specially newbie investors which they do sell on lose believing that bitcoin would go down but that's not the case because price of bitcoin do easily recover after such price decrease so the best advice here is to hold up your bitcoin and don't panic easily.
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When bitcoin goes up, Alts go down.
When bitcoin goes down, Alts go down.
When Bitcoin price is stable flat line then Alts prices go in the green.
All above happens regardless of any Alt and regardless how good the road map is for that Alt.
So in summary just ignore this Alt speculation sub forum till bitcoin price stabilisation?
Or which altcoins are independant from bitcoin and the above statements?
Its all random and theres no fix correlation with bitcoins price into alts price because there are instances on where price do go even on any situation.Alts would go with the flow and some would really go on its directions which means it doesn't really depend but seeing on common situation on where prices of bitcoin surges up its already normal to see that Alts go on reds because people are switching out to btc.
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We all pride ourselves on bitcoin this and bitcoin that. I just set a very low fee for transactions on my electrum wallet. It's so low that is been hours and not even one confirmation yet. I assume that it will take days. With this low fee, I had a look and it cost me .00041 btc for transaction. 8 dollars. Hahaha. Wow. Explain to me people, how is it better to use crypto currencies? Transaction taking days with a cost of 8.90 Australian dollars. That's just pathetic. Going back to Western union and bank transfers.
Looks like you intentionally set the fees so low. So what do you expect? I can't remember how much I set with my recent transaction but it took me around 48 hours if I'm not mistaken. I'm frustrated of course, but when I checked mempool its clogged with more than 200,000 unconfirmed transaction that time. But I'm happy that I get it in 2 days, unlike Western Union or Paypal which would allow you to get in 3-5 business days. Well, Lighting Network (LN) is being tested right now so it ever this will be implemented, this whole issue will be minimized. If we do convert Australian dollar on usd then it would normally charged up 5usd which I do consider as high already and this fee is set out on default on electrum which I am using now.Its not actually low since I do consider this already as high and I cant imagine on the fee that you would need to pay up for a high priority transaction.It wont really be worth it at all. Network is congested right now expect miners would really demand for high fee.
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Title.
So. Electric cars are gaining in popularity, therefore the popularity of gasoline will be going down. Won't the price go down, leaving the oil industry in trouble?
A little trouble maybe, even though electric cars are powered by batteries,but it's will charge and use certain socket that came from gas generated energy like power plants, and other generators that uses gas unless electric cars have solar panels. They also need the oil for their engine for it to run smoothly. Most of the machines needs oils so it won't really leave the oil industry in trouble. You do have a point on where Oil industry do have still the part of the economy which it do have an important role in our daily living.I cant imagine on life on the absence of oil industry for sure lots would really be disabled because it do really have a major impact into our economy. I would say if electric cars would really be imposed then I can say it can really give a major impact but not coming to a point that it would be diminished.
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Dear community, How can I start with bounty campaigns? Is it still interesting and profitable? Maybe you have some lifehacks or just advices? I can make a posts in FB and Telegram for 1k Russian speaking audience, translate documents into Russian. Where do you look for interesting Airdrops? How much can i earn?
Theres no life hack since you would really need to work hard or put some efforts for you to be profitable but knowing bounty campaigns aren't an assurance for you to make money since not all bounty camps become successful and also about how much you can earn,it all depends and its all random. Sometimes you would earn a penny sometimes you would earn bigtime depending on the project you had engage to.
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I'm not very happy with this price. I'm not holding so much bitcoin. The altcoins that i hold are dumping because of bitcoin.
Even if you dont hold bitcoin you should still be happy because those altcoins you do hold would end up on converting it to Bitcoin for sure. We should be grateful on the amount and its normal for alts to dump since people or investors are focusing now on BTC which if the price increase rally is over and theres already profit taking scenario then for sure price will correct and people would go back into alts.Its just like that, if you are a long time bitcoiner you do already know the aspects and movements of bitcoins price.
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Newbies are not considered appropriate for signature campaigns, if campaign managers start accepting such ranks, then anyone can create many accounts. Don't you think anyone can build down signature campaigns as well as projects that is related to campaign by creating newbie accounts? Thus it's necessary being higher ranked to apply for signature campaigns but as a newbie, you can join bounty
Even on bounty campaigns newbie is rarely acceptable and as being said its easy to create new accounts which means if a certain bounty campaign would decide to accept newbies then its really prone on such abuse since people can make lots of it and join it on that bounty which can possibly make them some serious cash if the project did succeed.For now i have seen most of bounties do accept Jr. Member atleast.
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I dont know how high it will go but that is how low it will go. Just a humble call made purely via pattern extrapolation. Since you so strongly believe it will not happen, that is exactly why it's going to happen. I have no further arguments.
I don't know whats your basis on this kind of speculation on which no matter how hard do I try to see on the chart and do make some technical analysis I cant really see the thing that it would corrected its price and dip to $3k back which somehow impossible now a days.There are lots of supports I do see which it wont be easily be breakout or do have a continuous oversold but well no one really knows on what would happen on bitcoins price every second on the day which it do really have possibilities on moving its price that we don't really expect to.
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It doesn't really take a lot of time to read and to speculate the statistic and chart, it take around one hour to read the latest news and we can learn a lot of things while we do bounties, and to do trading, I usually do the simple trade which is the famous coin or the trend coin, and when it price falls I don't trade and if go up a little, I am going to sell it
As a full time mother, i have to manage my time when to spend my time in this forum especially if I joined in a bounty campaign, and when to spend time with my kiddos. Time management is very important in my case. I spend my free time in posting here and the other time is for doing household chores and for my kiddos. Now I am in a bounty campaign, I spend most of my time in posting during night time. I have to complete the post needed as rule in that signature campaign. Most times, it may not come easy but one just have to make it out to get the best of it. Once you understand how to draw out a plan for your day, your productivity level will always increase. These days, knowing what I need to always do to be able to get a lot, I have been able to value my time the more, and hardly can I ever be idle as I already have everything fixed into each time. I got so used to it that a day does not go by that I do not end up earning a lot and if anyone will have to pay me, they must be willing to pay more to get those times away from what I do normally. It would really be hard in first attempts because we wont still able to get it but as we do repeat and follow it on daily routine then for sure we would able to get the idea and our body would really got used to it. Don't get lose your temper because failures would really be experienced which is normal. Time management is crucial if you do really handle both or many things and once you do get it then it will surely benefit you.
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Hey there
In june & July I bought Digibyte & Stratis & Siacoin with all my bitcoins, till now I lost almost 80%
What can I do, HOLD or Sell or What!
It is really painfull thing happened to you. I hope that you have HODLD all your coins and gained huge profit at the moment =) You cant still be sure if you would able to make money on those alts that you do hold that eventually decrease their price but well holding them and not selling them on lose is the most wise thing to do rather than on panicking seeing your portfolio is on reds. 80% is already severe and for those people who dont have much experience would normally freak out and dont know on what they wanna do on this kind of situation.
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i do this question because i´ve read in this website issues with bitcoin, slow mining process, high fees, etc. and i´ve read too good reviews of some altcoins, ethereum (smart contracts), ripple (for transfers between banks), dash and nem. these altcoins called 2.0. could bitcoin become just in future virtual gold reserved to companies and rich people?
As of now i thinks bitcoins is irreplaceable ,because of its huge value now in exchange market. the value now of bitcoins runs approximately to $9000-$10000 compare to the other kinds of coins or altcoins.this is the highest pump in the history of bitcoins, since the first time that it was proposed in the blockchain market. bitcoin might get switched to a big thing in investment field not currency anymore. as huge value doesn't mean it irreplaceable for me. other alt coins more effective as a currency. low fees , faster confirmation etc are the reason of course. people even feel so fear when they spend their bitcoin as they prefer to wait until it has higher value, then when they could spend it ? as the point of a currency are to spend it often. I agree on the fact that bitcoin is majorly being treated as a form of investment rather than on a currency which most people are always longing about the profits that they would made which isnt really a characteristic of a currency which we know a currency do active being spend and use but things are opposite which we do able to see now on where people do hold and accumulate as much as they can because they do see the possibilities on making more money.
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**Successfully joined AdBank Signature Campaign**
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Trading is very unpredictable job, I heard many times that trading is one of the way to make profit but many people are lose their money and also me i got back luck to it because of my emotion. Maybe 2017 is not my destiny on trading. Trading needs a lot patience with undying strategy to it and control your emotion.
If trading is unpredictable, then what are those wallstreet wolfs? Magicians? Of course trading is predictable, AS LONG AS you have all the data, if the information is incomplete then it is complicated. They are thieves that is what they are they are not making money by investing their own money in the markets, they are making money by charging you commissions and losing money in the process, that is the way they make money make no mistake about that. Those things are different and i dont see that it is related to trading there might be some trade offs but its not on the essense of actual trade since we do mention different system on here. Trading is really an unpredictable job even someone said above that you would need data it wont be an assurance that it can able to make you money or profits since those informations are not accurate or would be completely to be relied on.
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Hi All,
I'm curious to know what turned you off a particular blockchain ICO and what excited you to participate in one?
What metrics do you use to choose one or to stay away? Was token allocation a factor? was price a factor? team background etc. , obviously the technology.
Was there red flags? green flags?
There's a lot of experienced coin / token holders in these forums, so very interested to have a listen and learn?
As an investor you would normally search for green and red flags before you would decide to put up money on a particular ICO. On my side, i do always seek out first on their whitepaper and on the team behind it. If i can see the transparency and the product that they do proposes and saw that it is good and does have potential then this is the time i do put up risk on buying that one.Investing on these ICO are just like gambling since you would need to take a risk but somehow would able to have basis since you would need to analyze which one is worth it.
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Positively ethereum can do of what have bitcoin did. But when i comes to growth rate, it could be impossible that Ethereum can be equal to bitcoin. Taking a look from the growth rate chart, they are totally far from each other. Although they are far from each other but then, both of them are doing great and the community trust this coins for a long term investment.
youve got it mate no one can go more than bitcoin in terms of value,maybe In movements but market share they wont.i trust eth i have my own investments But i dont wanna fool myself to expect eth could reach $10,000 usd too as what Bitcoin hits.so better expect lower that fail for higher Your right mate, no one can beat the price of bitcoin in crypto currency industry. Moreover ethereum coin are possibly increase their price in the digital market, however they cannot reach the $9,860 current value of bitcoin in the market. In additional, we can't know if the ethereum grow up like bitcoin value in the future, because all of us unexpected that bitcoin price grow up so faster. Maybe if the ethereum find good investors like bitcoin they can possibly reach their same price. I agree ETH was increasing their value now in the digital market, but it was not enough to level the price of bitcoin. Maybe they can reach the amount of bitcoin but it takes a decade before it happen. If we compared now ethereum value of $470 to bitcoin $9,800 their price are so far. Moreover if the ethereum reach the value of bitcoin in the current I'm so sure that bitcoin price are raising up more in the future. Its normal since ETH was far way too behind since it was firstly launch into crypto market but considering into its progress over the years have passed we can really see the potential of this coin and as of now it is being placed 2nd to the spot next to bitcoin regarding on its marketcap which means it do really have an interest to the community which signifies that it can possible grow like bitcoin on possible years to come.
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Maybe it is a good idea because porn is a mainstream site many people watch porn and can't avail the premium account for that. And they can't access features that satisfies them.
Good idea or not, but it is minus for BTC community. Many newbies think that bitcoin relates with criminal, drugs, dark side of internet. So, it isn't great opportunity for bitcoin ecosystem, but usefull for separate users. FIAT can using to pay premium porn account or buy porn videos. Why does Bitcoin not using for that? Even, with Bitcoin, the user do not need to worry the government can catch them anytime by watching porn. FIAT can be using for payment for porn, buying drugs, other illegal activity. But the main idea, in my opinion, is to make bitcoin as transparent as it possible to be. Community users and people all around the world should think about BTC like it is something great, powerfull and innovation. But all illegal actions are raising doubts in people minds. Using Bitcoin or other cryptocurrency to buy porn video or porn accounts do not make the society become worse more. Watching porn video is a hobby, the government do not ban us watching porn, but in some country, the government do not accept anyone create porn website. Yes its not really prohibited since we do really have the freedom to watch it but come to think that porn videos or services are just free on any point in the net which I cant see a reason why we would still use or waste up our precious bitcoin on those site which we can actually see it for free,right? Instead of spending it,it would be much better to keep it and save it for long term which would still potentially benefit us later on.
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Troubles if you went earn some cash investment is the right thing, I suggest foryou populous it's a gohoice. c od
The national currencies are completed because every nation has fixed their national currency, it is very long term thinking that bitcoin will be a national currency , because a national currency must be legal all over the world so that they can trade in it or they can exchange it for the trade with other countries. while bitcoin is now not legal currency all over the world. That is the flaw of bitcoin which it isn't being recognized or regulated which means it is nearly impossible for it to be considered to become a national currency since any country do have its own local fiat which they do have the full control of it which means they cant easily replaced it with a decentralized stuff which is bitcoin this is why I do see this thing as an impossible situation to happen and be considered.
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Right now there are many ICOs coming out, is it really safe to participate in any of it and spend that much? In participating ICOs I have high hopes that these coins could be the next Bitcoin or other currencies that are really going up in the market.
Yes or no both. It all depends on team members of ICO. Check out their Whitepaper, teams profiles. If you find the idea is not good or other info irrevalent to their profiles, then don't invest in the ICO. Its our responsibility to make some research first before we do invest because there are lots of ICO are scams and if we just put up money randomly without any basis or research then you are just like doing gambling because we didnt even know if that project do have potential or not. Most of them are just collecting money and once they had collected enough they pop out and gone together with investors money.This is why always be responsible and done the things which are appropriate before investing.
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Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?
This is arbitrage way of trading which you would plan to transfer your coins into other exchange since you did see that the price is way more higher on the current one which you can able to make profits if you did able to sell it into other exchange.This is profitable but would need fast confirmation times and you would need to be fast and active since price do change anytime and thinking off that fees would affect your profits if you do move soon enough.
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So I have been in crypto for a while now, February precisely, and regrettably I wish I had never dabbled into day trading or short term trading. I have been burnt a lot trying to play the game of trading. Often times I end up buy too high thereby becoming a bagholder, and when I finally sell, it's at a loss. So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today. #Lessonlearned
This is the most common mistake on which a certain trader would really experience specially if we are really new on it. Its normal and even myself do experience this thing but its not a valid reason for me to stop but decided to push even more but in more knowledgeable way.Since you do experience mistakes then you would really be aware on your next possible move since you do have the idea on what you would do on next trades. Either holding or short term trading as long you do know on what you are doing you would really make profits.
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