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i will say that it is difficult to earn profit at arbitrage because we need to concern about the time when the transaction was made. not all coins have fast landing at the other wallet and we need to estimate how long the coin will arrived. in my past, i've many experience from arbitrage and i can make some good profit although the risk is when the price is suddenly gets down without mercy.
but what i really need to mention here is sometimes the other wallet get disable to prevent arbitrage so we can not do arbitrage especially if the price is going to go up high.
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i think the first county to eliminate fiat and convert to crypto are Russia and Japan, why do i say so? because Russia President Vladimir Putin wants to adopt Blockchain in there country and wants to accept any cryptocurrency on his project. then second why Japan? because in year 2020 Japan will use Virtual Currency as their payment method which is good for their county. they will make their own token. i think J Coin or Japan Coin.. https://cointelegraph.com/news/japan-considers-launching-j-coin-eliminating-cash-before-tokyo-2020-gamesJapan i'm tempted to agree but Russia i doubt because they don't entertain crypto-currencies at all especially bitcoin and so i don't see why their government would want to do that at this time though. japan is good option as we know japan is already approve bitcoin and maybe japan will eliminate fiat and replace it with crypto currency. russia is good too because we know in russia there are many good project was develop and its grow become bigger and maybe japan and russia will be the first country that eliminate fiat. but i guess it still need more time to make a deal with government because government still have control with their economy system and until now i think government from each country still want to try to control crypto currency which they can not do until now. |
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i still support ethereum until now especially i use ethereum as my another investment for a long term and i am sure that the price will be increase more than $500. i see the community of ethereum become bigger now and they have a big part by supporting ethereum and in out there, there is many ico which using ethereum as the network. i am sure that ethereum and other cryptocurrencies will have bright future and this crypto currencies will makes us to be people which have much of money.
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in the end of september, i was buy waves at 0.00117xxx, but it seems the price is going down for more and now it reach 0.00111. i guess i made mistake in price buy because i thought 0.00117xxx is the bottom price but its no problem for me. maybe i can buy again but if i see in the chart now, the price its seem trying to gets up and i see many supports price wants to make barrier so the price is not go down.
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Bitcointalk username : traderethereum
Rank : Hero Member
Post Count: 1527
Your BTC Address: 1Mw23vk5KxeHvnoPHkG5HVXKZF5gDaSsFr
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We all know the advantages of BTC, but what are some of the disadvantages??
Earlier,the main disadvantage of bitcoin was the higher transaction fee due to which thousands of transactions got struck.It also became a reason for new businesses not accepting bitcoin as a payment. But now,due to segwit activation after long struggle withe the miners,finally it got solved.But volatility which exists from the creation of bitcoin still remains to be a big issue which could be unsolved.Bitcoin,being a decentralized currency has no authority to control its price and its price is determined by the demand for bitcoins.So,volatility remains as a continuous issue for bitcoin due to which most retailers don't accept it as a payment and most countries have not legalized it. talking about the transaction, we need to wait for at least 30 minutes to see the transaction gets confirmed unless we want to pay more high than the normal fee. the price is too volatile and its depend on what trader or people react if there is a bad news or good news in out there. bitcoin can be used for illegal activity without being tracked unless someone know how to do. |
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thank you for the payments sir. i think you need to edit the title to [Close/Ended] if the campaign is not continue. CFNP it means Close For New Participants. hope it helps. |
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i think first they will regret that they missed the time because they banning bitcoin but the second is i think they will open their mind again to approve bitcoin. i think they don't really ban bitcoin because i am sure that china government will use their source to analyze and learning about bitcoin and i think they can found many benefit from bitcoin that could help their country especially to help their people to solve their problem.
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Mining has grown more and more popular, the competition has also increased. Which coin(s) do you guys mine now? Which miners do you prefer?
i think if we have high end hardware, mining bitcoin is still good and if we can handle electricity fee then we are fine. i already trying to mining ltc in the past and i only used gridseed blade and so far i can make some nice amount but unfortunately, i am stop my mining because i am moving into another places which have high fee electricity. |
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I have recently heard that after China Now South Korea Ban Bitcoin too...is that truth???
If banned then What's the future of BTC now?
korea is not banning bitcoin but only banning the ico like what china did. bitcoin still have a bright future as bitcoin can solve everybody problem in financial. as far as i know, korea approving bitcoin to be use in their country and this is like japan did for approved bitcoin too. i think you need to read again in other site and you can found that news is not true so you don't have to be worried and don't panic like others. |
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litecoin have a big potential to increase and if you take a look after segwit gets success in ltc, the price is suddenly increase and people still believing with litecoin. i still hold my litecoin and i think the price will increase soon after bitcoin gets stable for a moment. litecoin can be another investment for us and especially for a long term and i think many people is still holding their litecoin because they want to sell in the high price too.
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we can not totally eliminate all the banks in this world unless people is not using the banks again. right now people still believe with the banks and they are saving their money in the banks. but if in future, people is moving from the banks into crypto currencies then it might be possible that banks will eliminate or disappear or even integrate with crypto currency.
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which exchanger is better? safer? faster?
bittrex, poloniex, c-cex?
i only choose bittrex and poloniex but for new people, i will recommend to try bittrex because bittrex have larger coins list and the movement from each coins is drastically so they can make profit from this. both is better than the other exchanges but i prefer to try bittrex. |
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is that news really from the korea government? because if its true, i think korea government will doing the same like what china did. they don't want their citizen to be scam by fake ico and i think its natural if they concern with their citizen. i think the other country will do the same because protecting their people from scamming especially in the internet is also their important job. maybe there will be regulations that can control ico first so their people can safe if they want to invest in the ico. |
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We hear in the news that many people in countries that have currency issues are starting to trade in BTC - for example, Venezula.
My friend asked me what about in regions where they lose electricity, how would they trade with BTC?
For example Puerto Rico is right now devastated by the hurricane, and many parts of its region don't have electricity. A lot of people need to buy food and even fresh water.
Is there a way to still trade with BTC in such situations?
Can P2P trade still occur despite having any connection to the greater block-chain network? Keep in mind that it's easy to charge mobile phone so they have access to wallet apps, but probably not the Internet.
I don't know too much about mobile data networks, but I doubt one's 4G/LTE data plan would work in such situations. I assume that data would have to be relayed to a tower/dish before it's sent to satellites. Am I correct?
i think we know that bitcoin need internet and electricity and if there is no electricity and internet available, then bitcoin can not be use to exchange into fiat. if the tower have generator which can send electricity and can transmit the data for 4g/lte then maybe he can used bitcoin to make transaction (i said maybe). i remember on die hard 4, which everything is gone including electricity but there are any data plan such an internet connection which can connect to cellular phones, we can still using the phone to communicate. but maybe i am wrong so i am sorry for this. |
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Hey there!
I would like to ask you what you concider a good amount of bitcoins for daily short term speculations. How do you think what is the good number for beginers / advanced / experienced traders? Or maybe it if better not to short and just buy some of any good alts and wai for a pump (like some days or weeks)?
you can do any amount for doing trading and there are no spesific amount. but i think you can trying with 0.01 btc-0.1 btc to start. search a good coins by doing analyze each of coins, make decision and wait the price to increase. you can do with daily and weekly and its up to you but i think its better that you do for once for 3 day or weekly. |
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Yes thats what i want to know.
What i see sometimes its good to sell when it comes to exchange because the price go up.
After that the price go mostly down for months.
On the other side there is a way to wait 1-2 years and hope the project not die lol and it goes moon
so how do YOU handle ICO ?
actually if i join in the ico, if i see the price is increase so high then i will sell more than half amount and not selling all of the coins because i want to trying to be bagholder. and for waiting 1-2 years is enough for me to see the price is up too high. but sometimes, after the coins is launch in the market, the price is suddenly can increase and many of us can make big profit. |
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What will the China ban/FUD do to bitcoin in the next coming days till the 30th. Are you guys holding or Trading to fiat? What are you池e thoughts on this..
i am still waiting for this end of the month but i still do trading btc pair fiat. as long as i can make profit with that, i still continue. no matter what will happen till the 30th, we still have many country that supports bitcoin and there is more country will approve bitcoin as a legal in their country. i think we don't have to be afraid about bad news in out there because they only want to make bitcoin price is down to bottom so they can buy a lot of bitcoin and then they can hodl it for a long time. |
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