I think you are right on your statements. Most western investors prefer more solid investments, traditional ones. Asian investors are looking for any kind of investment that could give them chances to make profit, and now focused in technology.
I believe this happen because asian people want to make money fast as they are in need, while western people have already a more consolidated life, more confort and they aren't desesperate for money, at least most of them.
Possible to see this by looking the Crypto market, asians are the majority parcel of users in exchanges.
You find the fortune 500 companies mostly listed from the european country. In technology wise they are moving faster than asians in the IT and infrastructure. Most of the asians are getting wages and projects from the US and UK. As investment wise Western people are best to take decision. But, how about China and Japan? They are included into first world countries, their technology and development can compare to western countries. Maybe, there are more people in Asian who believe in bitcoin or cryptocurrencies as their investments seems mostly ahead of other exchanges. Which mean, more money involved in their exchanges, although everyone wants to make profit whether you live in western or in Asian. |
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This is valid for Coinbase and other services as well, simply don't store your funds there anymore (take Electrum instead) and If you don't have a decent amount, I wouldn't recommend giving your identity in exchange for the funds stored there.
Yes, there are some exchanges which required customers photo due to kyc regulation I guess. If its an exchange in your country and don't mind about it, it doesn't matter. But, for people who like their privacy and don't want to give such thing to exchange, get out and find another exchange to convert your bitcoin. But, what happened to Op was really bad if there is no explanation about it. |
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Billionaires are open minded so it is very obvious that they invested in bitcoin because bitcoin is one of the most searched in the google in terms of currency and because of that the billionaires might get attracted in bitcoin and they will just invest on it and hold it for at least 10 years because the billionaires are always into long term just what they do to their other investment.
I believe so, as billionaires could achieve their place through some research and investments intuition. And bitcoin is one of the way to doubled their capital, so that bitcoin could pump so fast due to their funds flow in and then drop back if they cash out, I believe they are what we called whales.  At least, billion of dollars flow in and out through cryptocurrencies world, and it should be come from some billionaires that make the calls. |
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The power of Bitcoin, $10,000 Bitcoin Investment in 2010 Now Worth $200 Million
Lucky for bitcoin early adopters who purchased it from almost nothing to Million, no wonder why many people regret didn't buy it. But the thing is right here, right now : don't let the same mistake like in the past, purchase bitcoin, mine itu, earn and trade for bitcoin, then hold it for another 10 years. Consider bitcoin has constant increases such as last few years, bitcoin will worth more than $15,000 at that time obviously. |
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Good job from SunContract devs team, and good luck for the implementation as we've expected more renewable energy to cover daily needs which is increasing in terms of energy. Many people waiting for the token sale period to purchase more SNC in the first week, furthermore we want to see some videos about SunContract projects in the field.
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This is the strategy for pu**ies or grandma and grandpa  if you have some skills you should be earning much more every month and not every 6 month. Bitcoin price increased 30% in less than a month and it's good to stay up to date and follow the news and events in case something happens, you might get to your double goal in shorter times than 180 days if you keep yourself well informed about every situation. Indeed, due to bitcoin fluctuations, some people could make more money from buy and sell orders in the community (or exchanges). The most common way is just hold for long term and consider as safe strategy too. But people tend to doubled their money as fast as possible, so trading bitcoin or altcoins maybe become another option, but the problem is it risky to get lose. |
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It's not good, it seems some people are switching to Litecoin for retail payments, I like BTC a lot but I don't like the way this coin is treated... it's like it's left alone doing nothing about it and meanwhile lots of altcoins are trying to take over... BTC looks like a fat coin barely moving right now folks while whales are taking as much as they can on its back, it needs to be light and have speed... if something doesn't change after August 1 will probably consider other options as well, I've believed too much in one coin and missed others on the road
The reason other coins easily upgrade their protocols is precisely because they have less people using the coin so it's easier. When a coin gets on the level of bitcoin we'll see if it's as easy for them to get things done (and proof of Vitalik doesn't count btw) Altcoins rise bit by bit and the highest one is gigabyte when it ever reach over $800, then there are zcash, ethereum and gnosis with high price for now. People didn't left bitcoin, they invested on several coins but will convert into bitcoin again in the right time due to people believe that bitcoin is the best cryptocurrency. We're waiting for bitcoin problem to be solved, when blocksize increased and transaction fees decrease. |
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Just heard that Segwit2x has achieved some 70% consensus. Now there is a serious chance that it will be activated with the required support (I am still not sure whether the mandatory minimum level of support is 80% or 95%). So unless Jihan Wu pulls dirty tricks, BTC exchange rates should blast upwards within a few days time.
Didn't notice it, could you share a link about the consensus? I'm wondering whether this segwit will be good as what we expected from long time ago, when there are a lot of drama to prolong this problems. If all going so well, then $3000 is easy to achieved within days and bitcoin should reach over $5000 in this year. |
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I consider Ethereum to be a good investment move. I see the $1000 mark by the end of this year.
I think most investors here are regretting they did not invest their money to Ethereum the time it is so cheap. They thought just like other altcoins, Ethereum will die, but it didn't. It pumps and proved that it will be following bitcoin at the top. I did invest some of my bitcoins to Ethereum, also in some ICOs that is running today. Whatever it is, time will tell the truth whether ethereum could reach $1000 in the end of the year or not. But current price of eth consider as top 5 altcoins which has higher price than many others. I remember in the early of this year, when ethereum price was $18 per 1 eth and today it could reach $373 USD, if I invest on that time then I must feel rich right now . |
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I don't think that cashless has that of a positive connotation today. It stands for POS transactions, something that's controlled by banking institutions and easily tracked and regulated by governments. I wouldn't want a cashless society to function this way. There'd still be demand for an alternative to cash for untraceable transactions.
Agree, I don't think it could be implemented smoothly without any complain from citizens if government don't have step by step strategy to make it ordinary like fiat money transaction. However, digital fiat currency which makes it traceable isn't a good idea for many people even though govs see it as a way to prevent illegal transactions or money laundering. Not impossible to implement cashless society, but in 50-100 years later I guess and govs should withdraw all fiat currency from circulation. |
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The article has a point. But I think as soon Bitcoin progresses and achieves the ultimate mainstream media attention, the purpose of Bitcoin will be further enlightened. Shops and store will begin to accept Bitcoin. But it all depends on the future.
Yes it is but it just exposed negative sides without point out some positive impact of bitcoin. There are some countries or cities where people spend bitcoin to purchase daily needs such as in Arnhem, Netherland or in Japan. There are a lot of people could make a living or just extra money through bitcoin earnings, whether it is from mining, exchanges or trading which depends on cryptocurrencies to get money. |
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Don't think so.
Check twitter. More and more miners agree to SegWit2x. And is this is compatible with BIP148 now the community will get SegWit as it was planned.No modifications. Bifury, BTCC, F2Pool, ViaBTC have all agreed so far.
Imo we will continue moving up again. Of course some dips always possible.
I believe this whole dump was orchestrated by (some) miners and probably a few whales to make some big money before moving forward.
Bitmain's shitty announcement and HF threat, then the massive dump. Now they load up, pumped the market again and announced support for SegWit.Antpool, Bitmain will be the last to signal for SegWit2x imo, but they will.
Woooww, it is a good news then. Could you give some profile links where I can follow them (miners) on Twitter? I just thought this dump because some people get tired of all of this bitcoin drama and problems, trying to cash out their investment into fiat money or buy another coin which has steady increases, looking for another profits. But, bitcoin could recover faster than I thought and it is already set at $2500 today. If miners really agreed about segwit, then bitcoin could be in rally again and break $3000 soon. |
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Hello everyone
Which is the best website for trading altcoins,
I know about these sites
- YoBit
- Poloniex
Anyone know some other site???
Yobit is trusted exchanger for trading altcoin some people might say that it's not a good service maybe they had bad experience with them though they're still running till this day. Poloniex is a good exchanger for me i've been using their service for a long time and don't have any problem with them, other exchangers that i recommend are bittrex and c-cex. Just avoid unpopular or new exchanger if you won't get scammed. Many people don't trust yobit because there are a lot of useless coins listed on there, and don't put your money into those unknown coins. I suggest to use local exchanges as well, if you live in USA there is coinbase which listed some altcoins to trade for. For the first time, try to trade some famous coins such as ethereum, zcash, monero, xrp or litecoin to avoid so much loss from trading useless coins. |
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What use is Bitcoin if in 9 years you cant even buy groceries with this shit
You cant build a business on bitcoin because of the volatility and even if you try to runa business on bitcoin you have to wait forever for a transaction to be sent
whats the point of bitcoin, if you cant do anything with this shit?
Well, if you don't like bitcoin just hand over yours to me, I'm willing to accept it . The fact is you can buy some goods and daily needs depends on the country that you live. But still there are limited options to spend bitcoin directly, so that mostly people convert their bitcoin into fiat currency if they need money. The problem is to wait for days to get a confirmed transaction, that is a main problem right now. What we can do about it? just deal with it and wait until this problem be solved. |
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There are a few cloud services which are "legitimate", albeit some of them can be shady. A few of them are:
-Hashnest.
-Hashflare.
-Genesis Mining.
-ViaBTC.
Cloud mining is far from dead. The problem is that people don't actually get ROI on it.
With Genesis Mining for example, people sign up to loads of two-year altcoin contracts, and then they end up actually losing money because every time the difficulty catches up with the price after a few months. These surges in price don't make cloud mining profitable in the long term, because Bitcoin and (stable) altcoin mining is now matured enough that mining remains barely profitable, and only goes beyond that after a significant rise in price.
When companies have to make profit, this makes the actual money for the investor about zero. Not to mention that you're buying hashrate, so price rise = difficulty rise = hashrate means less in the cryptocurrency, since you're actually investing using cryptocurrencies in the first place.
Yes, I have seen some of cloud mining offers in this forum, not all of them scam or failed and then closed. But, here the things: cloud mining offers small profit and it takes like forever to doubled your capital. And why those people willing to share their project for others while they could make more money if just for themselves? But they choose to get more money from investors who don't know how to mining. |
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litecoin is now being better than bitcoin as the transaction time is normally lower than bitcoin and most of the time has lower fees. leading litecoin to a better alternative of bitcoin. steady pricing normally means its popularity is not enough though.
But it seems litecoin has slowly increases and always decrease after reach some point, it has been stuck at $30 for weeks. People may just see it as trading object which will sell it for bitcoin, but its price already started to rise again. Let's see how long it could last and how high the price that can be achieved. |
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When the btc price goes up, what is now a good time to buy altcoin or sell bitcoin?  Yes, this can't be deny due to its always happen most of the time, but when there is dropping the price value happen well, expect also for the coming increase again the original price or more of it. But there was a time when bitcoin price increase in rally (last month) but other altcoins followed it up as well. Everyone who interested in crypto world might be invested huge amount of money to bought it. However, after rises, there will be always correction due to investors/people want to get profits from high price of cryptocurrencies. So, whenever you think bitcoin price rise and altcoins dump, don't sell bitcoin instead of convert it into altcoins that you think it will increase, but if you don't know which coin, better stick to bitcoin. |
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According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
Holding of course, it is the best cryptocurrency, as the first one and it has the highest exchange rate. There will be no any cryptocurrency without inspired by bitcoin. It is the most famous digital currency, the King if I may say, and used mostly for trading right now due to scalable problem. Because that problem makes it drop back again and again, untill this resolved then we could reach higher price and usability in global market. But, still hold on. |
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I think it will be mostly abandoned, as you cannot win from regulators. BTC has opposite goals contrary to those of regulators, which is why it can never grow to any significant size.
Also, I expect BTC will be taken over by tech that's much more scalable, and easier to update without all the politics surrounding BTC. There are a few logical alternatives to BTC out there already, with BTC already been outdated as of 2017.
You're funny. Bitcoin is the digital gold of the new era, and yet you think it will never grow in size? How do you call the growth that we have been experiencing in the last years? Insignificant growth? Fake growth? Let me guess, one of the alternatives that you are referring to, isn't coincidentally Ethereum? People only care about the speculative aspect of altcoins, and not their gimmicky features. A bubble mostly, given that BTC is almost not being used for actually buying stuff, still as of 2017. It is the same problem it had in 2013, and the same problem still mainly persists into 2017. I don't think Bitcoin is a store of value: there's nothing physical backing it up like gold, nor does gold fluctuate this violently in value. The growth we've seen over the past years was mostly speculation based on its future usecase, and ignored whatever regulators would do when BTC would get too big. That's why BTC will never succeed in the end: by far most governments cannot accept something that could be used for widespread money laundering, tax evasion and other unwanted side effects. I am not invested in ETH, but I think it's actually much more advanced than BTC at this point. I also think you know that to be true, given that BTC is getting ancient, sloppish and less innovative with each passing day. ETH got a few of the same problems as BTC does though, with regard to its actual usecase as of today. However, I see much more potential in ETH or XRP (used to settle payments) than BTC at this point. Both have also appreciated much more steeply than BTC this year, and BTC's rise was probably mostly facilitated by altcoin trades - which are mainly being done in BTC. you said it just bubble mostly? So much bubble then, from nothing to $3000. In other words you mean bitcoin can not develop further? Can not grow anymore? As bitcoin already outdated you said. Interesting opinion. I agree bitcoin has some problems and yet it isn't used as currency to buy stuff? But, I know several places where people still use bitcoin as medium of exchange. Bitcoin is a decentralized digital gold, it doesn't need physical backing like gold, it stands alone and worth measured by the people who support it. If, there's no any people, devs team and miners backing it up, it will ended as nothing, worthless. I believe bitcoin will grow bigger in 10 years later, I guess around $10,000. |
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if 1 bitcoin is just one of your investment that you put away for your retirement then it is an excellent idea because you should always diversify and we can never know for sure what will happen in a couple of years for bitcoin even if we are speculating moon.
but if you are planning on relying only one 1 bitcoin and nothing else then no, you are making a biggest mistake of your life. 1 bitcoin may never go as high as to be considered as your whole retirement money. (although i think you are from the first group but it was worth mentioning this here)
I agree, as we don't know how much 1 bitcoin value in the future, my prediction whether it is $20,000 - $30,000 if bitcoin has steady increases around $1000 per year. Do you think $20,000 in your country is a sufficient amount to live? I'm holding a little amount of bitcoin as well and planning to collect at least 2-3 BTC for retirement. |
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