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I wish daytrading was like the previous years before the crackdowns because it is still very lucrative. I don't want to pursue daytrading for now because maybe you can get 1%-5% which is the maximum at this moment you can get but then when the crash happens, it declines a massive 20%-50%. It's very ugly to see those things so the strategy would be better if we just accumulate.
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Bakkt already delayed its launch in this December so we have nothing else that will serve as a good start for pushing the price of bitcoin up until the year ends. There's really no bull market in this year but only FUD, regulations, crackdowns and selfish people behind those BTC cash and forks that has crippled us for too long.
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OP is right. High or lows, you need to know how to play them on your own advantage. Those who sells their services in exchange for bitcoin for part time are very lucky if they just continue to save those payments and they will get fast easily once bitcoin gets back on its feet or crash the $20k ath in the next years.
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Basically, it will helps us understand how the money flows or how to boost the economy. Personally for me, I like to know how the economy reacts in certain situations so I will know when to invest my money or just keep it until it's good to invest again.
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Well, more bad news my fellow bitcoin enthusiast. Because Bakkt has just announced that their postponing their bitcoin futures launch until january 24 of 2019. Now we don't have anything good to make the bitcoin recover at least when they year ends so this just makes that anti-btc make their dreams come true to see it sink much more.
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All of your cryptocurrencies depends on the strength of the security of your wallet so yours is easy to bypass then expect it to be hacked easily. Everyone that wants to venture on this kind of market should know first on how important securing using your assets first.
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What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.
Depends on how much is the tax deduction. A small amount probably will make a lot to stay in the community and it's just fair because we are all used to having taxes on services and things that we buy. |
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As far as I could see, bitcoin is just really good for online transactions for now. Doing online shopping is convenient but when using btc, it still needs time before confirmed. Let's be honest that it is the only advantage that bitcoin can give unlike other altcoins that can give real time transactions that what mass adoption needs.
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Bitcoin will stay as a commodity or store of value in the future and not as a currency. It will spike up more because it is very precious considering that it is the first establise crypto that has been made and it will stay as the mother of the cryptocurrency market.
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I think that the key to stop all the FUD from affecting us is to implement stricter regulations. A regulation where exchanges will owe us money if ever our assets get stolen from hacking. Exchanges are now the new banks so they should be reliable for everything.
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Rothschilds family are the wealthiest. As far as I know they control this world and I heard that they are soul less.
I also believe that they are the ones too. They might have sold their souls to the devils to maintain that huge amount of money and they will always stay on the top no matter what happens. But there can also be another theory that they are just working for other people who has much more oney than them. |
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Today market is going down and in a single day 112B$ to 101B$ and still it is going down. Do you think it is getting ready to move up or it will go down further towards 5000$ or more. Track record of BTC shows that it is vrey un-predictive to predict about BTC.
Some people are connecting it to CBOE contract that expired today. They are thanking it for the massive FUDs spreading around. But I still don't worry because I'm sure the OTC whales will buy it back to $6k value. The market was manipulated so well so it's up to you guys if you want to quit because that's what they want to happen. |
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That's really true. Youth of this generation are not always afraid to try things. You can see inventions like hoverboard getting patronized by a lot of millenials unlike old people. And I'm also part of a millenial so I think that cryptocurrency provides me much more convenience because I always transact online.
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We must be the laughing stock of Wall street. And that must be saying something. I can't even look anymore. God help us all.
You sir has the most accurate prediction than those famous clowns( Tom LEE and the others) in crypto that says it will go this or that combined. I thought I was strong enough to tolerate this dip after a couple of crashes in the previous months but I was wrong. I feel so weak and I don't like to talk to anyone for a while. |
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Hi guys, I just graduated from college and wanted to have a better income but didn't know what to do. I want to find a solution to get around this situation. There are just friends who invite businesses to provide income, and there are also those who invite to invest in cryptocurrencies. If you are in my position and faced with these 2 choices, which one will you choose:
1. Invest in cryptocurrencies
2. Opening a real business
Give me the reason why you choose between the one above
regards
It's hard to give any suggestion because both of them require some money. You also didn't clarify the first one for the business type model. We don't know if it's for a service or selling products. But I will not also suggest crypto because you are surely a newbie and you need a lot of research first. |
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I think the best possible impact is the ultimate boom of online services and most especially the online stores. It's where you can feel the most convenience if you are going to use bitcoin and other altcoins. And with that will also result on many transactions that will also contribute to taxes that are included on the products.
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What is the most expensive commodity at the moment? besides gold and diamonds.
and is bitcoin included in it? please share your knowledge about this.
For me, it would be real estate. The prices of houses increases every year goes by unlike cars that depreciate every year. And the price houses can also be much more expensive depending on the locations like if it is in the center of an urbanized area where all the business are there. |
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A small Canada-based crypto exchange called MapleChange and now the Pure Bit from South Korea has pulled off an exit scam, disappearing with user funds all in one month. The disappearance of MapleChange and Pure Bit with user funds has led experts in the sector to encourage crypto investors to prevent the utilization of minor exchanges with no reputation and cold wallets that accurately represent their holdings.
What is the motive behind all these minor exchanges, anyway?
I guess they are just a bunch of impatient people who can't take the long bear period on this year 2018. They might gave a timeframe for the market to recover and then after that they decided that if did not then they will pull off an exit scam. I mean, if I was an owner a small exchange that has only few traders then I will not profit from anything at all so exiting would easily get in my mind as an option. |
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M-Pesa has nothing to do with cryptos and bitcoin, and the whole " Countries in Africa adopting cryptos" is such an overhyped theme people are getting bored of it. It's been years since everybody was claiming each damn 3 world country be it from Asia or Africa, from Philipinne to Zimbabwe, Kenya to Vietnam will bring the new revolution and when articles like this came out some are still surprised about how reality, not hype works. For god's sake, there are countries there where the illiteracy rate is above 60%!!! , we should talk about adopting an ABC not BTC. I could not agree more. Africa needs jobs and education more than the crypto innovations. They need to strengthen their economy and their people first before they venture in this emerging and disruptive tech. African needs our support and not persuade them to be an investors. |
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Bitcoin has been a life savior for me ever since I came into cryptocurrency I have attain that level of financial freedom that I always dream of right from time, bitcoin have also help to make payments for goods and services easier for me I don't have to spend extra money of fees to order things online and from other country of the world. So bitcoin has been a great support for me.
My experience is very similar to you my friend. But the bad news is if the market will not recover or start a bull run by the end of the year then I'm afraid that my savings that I gained from crypto will only last for 3-5 months. |
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