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81  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [Charts] Altcoin Dominance Looking Bullish with Cyrpto Market About To Bullcross on: January 23, 2020, 12:34:17 PM
For now, it seems the market is moving up and down simultaneously. Both Bitcoin and altcoins are rising and then both of them are also falling at the same time in retracement. Right now, in fact, Bitcoin and the major altcoins are all in red at the same time. Notwithstanding, I guess the overall market condition is geared toward a bullish season. But this is not going to be an exclusive altcoin bull run. Bitcoin is on the lead.
82  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Yobit X10 Token on: January 22, 2020, 09:13:05 AM
It is hard to look for more information about X10 tokens.

Just follow the rule of thumb to be safe. If you do not know enough about a certain token, better hold your decision to buy and try to learn more about it. If you think what you know about X10 token is not enough for you to be sure that it is a good token to invest, better stay away from it.
83  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin SV drops 40% as lawyer admits craig wright has no private keys on: January 22, 2020, 08:45:10 AM
Bitcoin SV drops 40% as lawyer admits craig wright has no private keys

My question is:

What comes next?

How much Bitcoins SV will fall in the future?

How much losses people who bought Bitcoin SV have?

Why people still believe in Bitcoin SV?

It has not yet reached the bottom. It will continue to fall down until it reaches its deepest bottom. At that point, it is already dead. And there is no one else to blame when that happens but the owner himself.

But CW is 99.9999% certain he will get keys!

https://cryptoslate.com/craig-wright-book-gets-dropped-while-he-claims-hes-99-9999-certain-hell-get-his-btc-fortune/


But on the other hand, you have this article.

https://cointelegraph.com/news/craig-wright-court-saga-nears-judgment-day-with-more-questions-than-answers

He also has his 'book deal' postponed that was due Jan 28th by the publisher. (See consequences) Smiley

https://cryptoslate.com/craig-wright-book-gets-dropped-while-he-claims-hes-99-9999-certain-hell-get-his-btc-fortune/

He just keeps on trucking, reality be damned!

Again the man has 'legit' mental issues. Read the link below and tell me if he does not suffer from all or most of the symptoms.

https://en.wikipedia.org/wiki/Grandiose_delusions

https://www.merriam-webster.com/dictionary/megalomania

https://www.sciencedirect.com/topics/medicine-and-dentistry/megalomania

Not to mention all those big money BSV advocates 'enabling' his behavior/delusions/etc for all that pump and dump $$$. Sheesh!

I don't understand why some people like CSW has the privilege to be terribly crazy while still followed and even believed by a lot of people. While this forum does not lack discussions on how this man is a nuisance and that BSV is a shitcoin, the price of BSV is still pumping. It makes me ask, is BSV revered in other forums or discussions? Despite all the talks of wash trading and fake pumping, BSV is billions of USD in market value. Why does it remain like that?
84  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin SV drops 40% as lawyer admits craig wright has no private keys on: January 22, 2020, 05:12:59 AM
Bitcoin SV drops 40% as lawyer admits craig wright has no private keys

My question is:

What comes next?

How much Bitcoins SV will fall in the future?

How much losses people who bought Bitcoin SV have?

Why people still believe in Bitcoin SV?

It has not yet reached the bottom. It will continue to fall down until it reaches its deepest bottom. At that point, it is already dead. And there is no one else to blame when that happens but the owner himself.
85  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🌐✅[ANN][IEO] The World's First Humanitarian Crypto Quiz Platform✅🌐 on: January 22, 2020, 04:38:58 AM
So Exorium using waves platform, sorry I'm not mean to condescending, but tokens that use waves platform are worse than ethereum tokens, a lot of them turn out into trash.

It is more on the project than the platform.

The project is bigger than the platform itself if it proves to be something of worth. The project will have to be assessed and judged according to its own features and qualities and not on the platform it is using.


Totally agree with you

Let us see if this will really beat the odds. Most waves assets are already dead. You can count only those that are successful and are still in trading. And I can't even name one here. But since waves are already centralized, maybe there will be a change at least in the trading volume. We will see how you will perform in your IEO as well.

Although it gives me a little curiosity why Waves is chosen instead of ETH, I think the odds will not be against the platform used but the project itself. If this project fails, Waves does not have anything to do with it. It is entirely on this project's development team, project design, marketing strategies, etc.

Most waves assets are already dead. That is true. Because those are poor projects. And those are very few compared to Ethereum's. Most of Ethereum's projects are also dead. But since they have thousands of projects and a few of them are really solid, they are still alive until now. So not the platform really but the particular project. Well, the popularity of Ethereum might help a little. But that's too insignificant I guess.
86  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin’s Next Peak May ‘Only’ Be $80,000, Says Analyst on: January 22, 2020, 03:54:28 AM
I love how the "only" is already an exaggeration.

The analyst is not analyzing much. Well, he is not giving a time frame for it unlike what McAfee did. Plus the analyst here is playing the safe game by not putting any wager or some kind of a daring challenge like John. But like John's prediction, this is not anything to be given too much importance.
87  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Investing in Alts instead of Bitcoin for far greater returns (or losses) on: January 21, 2020, 11:41:07 AM
Not instead but with Bitcoin. Do not go all in on altcoins as you should not also go all in on Bitcoin. This is the best option for me. This is diversification, not putting all your eggs in one basket. Whatever happens to either of the baskets, there is still the other.
Diversification is used when you don't know what you have invested. Instead if diversification, you can maximize the profit by invested more in coin which you think is interesting and promising. Why we need to diversify our money to many altcoins with low amount instead focusing in few altcoin but with higher investment?

Diversification is the best option in terms of crypto, stocks, and other investments. It is not an option for those who are ignorant on what they are getting into. Diversification is encouraged by I would say all veteran investors. I am quite surprised when you claim diversification is only used when you don't know what you are investing into.

Investing on a single coin, stock, currency, or anything which you think is interesting and promising does not make things better. That is risking everything in a single shot.
88  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🌐✅[ANN][IEO] The World's First Humanitarian Crypto Quiz Platform✅🌐 on: January 21, 2020, 11:15:31 AM
So Exorium using waves platform, sorry I'm not mean to condescending, but tokens that use waves platform are worse than ethereum tokens, a lot of them turn out into trash.

It is more on the project than the platform.

The project is bigger than the platform itself if it proves to be something of worth. The project will have to be assessed and judged according to its own features and qualities and not on the platform it is using.
89  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Investing in Alts instead of Bitcoin for far greater returns (or losses) on: January 21, 2020, 10:49:49 AM
Not instead but with Bitcoin. Do not go all in on altcoins as you should not also go all in on Bitcoin. This is the best option for me. This is diversification, not putting all your eggs in one basket. Whatever happens to either of the baskets, there is still the other.
90  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Okay, Litecoin price needs to crash again now...... on: January 21, 2020, 10:24:57 AM
Litecoin's price will eventually correct but it looks like it is not going to happen anytime now. The market is once again very much alive with Bitcoin as well as the top altcoins including Litecoin gaining a little momentum already. This might last up to a few more days or even a week. We might be seeing Litecoin gaining higher prices up to $90 or more. If you wish to gamble on it, you may buy right now. But if you wish to buy at a lower price, the day will have to wait.
I think price of LTC has not risen too high in the last few days and you can completely consider long term investment during this time period because I believe the probability of reach $100 of this coin is very high. Currently, everyone is afraid of long term investment, but if you choose the coins in the top 10 coinmarketcap, the risk will be greatly reduced. In addition, I also invest in some other coins like ETH, EOS, BCH to make a profit.

Not too high but still good enough if you have more than a handful LTC. And the point is that this is not everything there is. We still have some nice space up there for more increases. I am really convinced that if the momentum of the crypto market that this year has started this early will be sustained, LTC and the other top coins will be making for us an amazing gain.


I'm not surprise for having a good sight for future on LTC since actually on the past halving this coin gain more percentage together with the other alt's and it will happen again once the market will take it's place with the presence of that scenario. And if people are worried that it will dump then for sure it is since it's a normal activity of the market but for sure it will pump since LTC is quitely establish with good stand on the market.

If it dumps, then it will be up to you to continue to HODL and let the ride go as it goes and wait for the market to make a recovery. That will eventually come. But if you think it might take a very long time, years possibly, you have the choice to cut your loss and make use of what you have to let it grow in the meantime. What I am certain of is that Litecoin will not fail in the long run.
91  Economy / Trading Discussion / Re: You CANNOT trade successfully without RISK-MANAGEMENT on: January 21, 2020, 09:56:16 AM
It is harder to save than to earn. And it is much harder to manage one's emotions in trading. That is one of the problems that will put aside risk management. People panic at times. They also feel fear sometimes. And also sometimes, they feel like being greedy is good. One of the basic things to do is to put stop loss in all your orders. That is enough to cut your losses. And another would be to put take profit limit to make sure you end up with a profit, however limited it may be.
92  Economy / Economics / Re: Question about inflation and debt. on: January 20, 2020, 10:25:40 AM
The barter system was a primitive way of doing things that could hardly be applicable to the kind of commerce we have in this modern times. The large-scale commercial transactions of today cannot be supported by a simple barter system. And that is perhaps how it is being replaced with a more efficient means of doing transactions a long time ago. We used gold, silver, copper, and other precious stones to make things easier.

Printing money out of thin air is a rampant problem. And the solution is not barter. The solution is crypto. There is no cheating or faking in crypto.
I could also see that using the barter system for now is just solving problem with another problem. The fact that crypto is limited supply could bring an end to the massive money printing and therefore saving the whole economy from being overly inflated as well as eliminating any worry that lingers around the people. But, if the crypto being used have a little value and just stuck there, I doubt it will be any better for the whole economy compared to paper money.

The value of crypto will be determined by the people itself. So if it is low, it does not matter much for as long as it is quite stable. Even if the price of Bitcoin will reach stability at around $5,000 or even $1,000, it does not mean to say that paper money is going to be better than it. However low the value of Bitcoin in USD is, it still does not take away the features which makes it a world better than fiat. It remains decentralized, borderless, fairly anonymous, and so on.
93  Economy / Economics / Re: Is there formula for bitcoin price ? on: January 20, 2020, 04:33:07 AM
I don't think any formula will give us the exact price of bitcoin everytime it changes. It is known that bitcoin is volatile, changing prices everytime - after a second, minute or hour. It is because there are many factors that affect bitcoin's price. Knowing these factors can be a key to know the formula, but it is very hard or can be said as impossible.

It is impossible to catch the exact price through a formula. But I guess it is possible to know whether the price is going to increase or decrease with the use of a formula.
94  Economy / Economics / Re: Question about inflation and debt. on: January 20, 2020, 04:03:32 AM
If a random country is in debt, is printing money a good way to pay it off at the expense of the citizens?

For example, lets say you owe an entity $100. If you print an extra $100 bill you pay off your debt, but unbeknownst to the entity the $100 that they lent you is now worth less.

Would the barter system be a good way of combating this?

The barter system was a primitive way of doing things that could hardly be applicable to the kind of commerce we have in this modern times. The large-scale commercial transactions of today cannot be supported by a simple barter system. And that is perhaps how it is being replaced with a more efficient means of doing transactions a long time ago. We used gold, silver, copper, and other precious stones to make things easier.

Printing money out of thin air is a rampant problem. And the solution is not barter. The solution is crypto. There is no cheating or faking in crypto.
95  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Okay, Litecoin price needs to crash again now...... on: January 20, 2020, 03:32:06 AM
Litecoin's price will eventually correct but it looks like it is not going to happen anytime now. The market is once again very much alive with Bitcoin as well as the top altcoins including Litecoin gaining a little momentum already. This might last up to a few more days or even a week. We might be seeing Litecoin gaining higher prices up to $90 or more. If you wish to gamble on it, you may buy right now. But if you wish to buy at a lower price, the day will have to wait.
I think price of LTC has not risen too high in the last few days and you can completely consider long term investment during this time period because I believe the probability of reach $100 of this coin is very high. Currently, everyone is afraid of long term investment, but if you choose the coins in the top 10 coinmarketcap, the risk will be greatly reduced. In addition, I also invest in some other coins like ETH, EOS, BCH to make a profit.

Not too high but still good enough if you have more than a handful LTC. And the point is that this is not everything there is. We still have some nice space up there for more increases. I am really convinced that if the momentum of the crypto market that this year has started this early will be sustained, LTC and the other top coins will be making for us an amazing gain.
96  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Okay, Litecoin price needs to crash again now...... on: January 19, 2020, 08:47:51 AM
Litecoin's price will eventually correct but it looks like it is not going to happen anytime now. The market is once again very much alive with Bitcoin as well as the top altcoins including Litecoin gaining a little momentum already. This might last up to a few more days or even a week. We might be seeing Litecoin gaining higher prices up to $90 or more. If you wish to gamble on it, you may buy right now. But if you wish to buy at a lower price, the day will have to wait.
97  Economy / Economics / Re: Ok. Number of Bitcoin transaction increased double. Expect price increasing? on: January 19, 2020, 04:55:05 AM
The number of transactions is not the basis of an increase in the price of bitcoin. Yes it can cause a price increase but don't expect that much. Let's not forget that not all increasing transactions aren't from new people making transactions with Bitcoin. Multiple transactions can be done by a single person so don't expect much.
Quite the opposite the number of transaction increases because the price of bitcoin is pumping. While I actually believe that there's no correlation regarding the number of transactions and price increase, the current bullish market however still encourage people into making movement whether sending it to another address or to the exchange which means increased transaction number.

Increased transaction could mean increase in the use of Bitcoin but not necessarily increase in the purchase of Bitcoin. Having said this, increase in transaction does not necessarily end up increase in price. Increase in transaction does not necessarily mean there is new money or investment entering the market.
98  Economy / Economics / Re: New Hampshire bill to allow taxes to be paid in Bitcoin falls short on: January 19, 2020, 04:26:03 AM
At this point in time, it is no use preferring to spend Bitcoin rather than fiat. I am using Bitcoin because I need to use it as a currency. Also, I am using it in terms of remittance. But other than that, like paying taxes, I would prefer to use fiat. Why should I use my Bitcoin on it when I know very well that it would double up in a matter of months or year? Fiat on the other hand is not worth saving because it depreciates fast enough.
99  Economy / Economics / Re: Winklevoss-Led Gemini Exchange Now Has Its Own Insurance Company on: January 19, 2020, 04:03:39 AM
And here's Gemini simultaneously coming up with the world's stupidest idea - https://twitter.com/Gemini/status/1218299327006810114

Who doesn't want to purchase Gemini's dollar with dollars to spend Gemini dollars in a handful of locations?

Awesome.

It's easy to create tokens. It's much harder to fool enough people into buying them.

They want to get where Tether is. But they are doing it wrong. I think that they just don't have enough patience.
Created new coin is most easy but how to make many people want to invest and buy coin looks hard and not easy, without get investor you must pay out much fees for listing on exchange market although you have one way how to make your coin popular like giving with airdrop project but keep needed money when you want to list on exchange market.

The point is more than that. Giving away airdrops or bounties does not make a coin grow. Listing on top exchanges does not make the coin attractive to investors either. What makes a coin really grow and be interesting to investors and the whole crypto community is the product, which is truly helpful and innovative and is addressing a problem in real life.
100  Alternate cryptocurrencies / Altcoin Discussion / Re: Is BCH, BSV more profitable than Ethereum? on: January 18, 2020, 12:06:18 PM
I will not turn in to bch or bsv. I'm not hyped with the price that it is showing lately.
These two seems to be having a good days but I'm looking to be more positive and long term with Eth.

If we talk of altcoins, better stick to ETH than the any of the more than a handful of Bitcoin forks. Ethereum is way much better than Bitcoin Cash, Bitcoin SV, Bitcoin Diamond, Bitcoin Private, Bitcoin Gold, and the rest of the Bitcoin forks.
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