When do you decide to sell?
Is it a sat, a % of profit, or even a randomly thought up number in your head?
I am new to trading Crypto, but when I traded other stocks, I would aim for a certain percentage.
This seems much easier to hit that percentage, but much more risky.
How do you determine when to let it go?
When I get at least small profit of course, depend on which coin that I have. Some coins could rise more than expected such as top 5 coins right now, the price more than $200. For the new one or cheap coins, when it gonna be loss than I would just sell it because there are so many coins dump but never rise again. |
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I just remembered this thread and on looking at the site,they still did not launch the site for bitcoin based trading as they once again postponed the release because of the delays caused by the network it seems,lets see how things pan out and lets see what their decision will be.
It is not easy to start a exchange just like that they have to first secure fully with full security and then the network should be installed strong and after that they have to test it so many times so that minor mistakes can be rectified. So i think first they solve all the problem after that if they start then it will be very good option. It seems unconfirmed transaction become another problem for GMO which has postpone the launch. But, glad to hear big exchange joiningthe market with 0 fees, "The company states that trading fees are “0 yen” for all orders. Customers can trade 24-7 on the Z.com Coin exchange, starting at 0.001 bitcoin."As bitcoin has been legalized in Japan, this should be another increase for bitcoin in there. |
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Hello,
I was wondering if it was worth it to buy bitcoins right now at the price of $2000,- /btc.
I can also wait till it drops to maybe 1800$-1900$, but would that make a huge difference?
I'm now just holding my coins, but im not making really good profits as I only have around 0.5BTC
Shawns
Better to hold your 0.5 BTC for long term and you will get big profits, at what price did you bought it? Or earn from? Bitcoin already recover from $1800-$1900 and stay above $2200 on some exchanges. It seems that last rally caused by some big whales invested on bitcoin due to adoption from several countries and legalization bitcoin. We don't have any momentum right now, and the market still calm I think, before it rise again. |
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It sounds as if you're oversimplifying.
"Free to use bitcoin for any purpose." That could be an oversimplification. Some would object to bitcoin being used for money laundering, terrorism or crime. The idea and spirit behind bitcoin isn't to create a currency that can be used for literally anything whether it be moral or immoral.
Nope, he is not. According to Satoshi Nakamoto, he created bitcoin to eliminate the trust of the banks' ecosystems. If bitcoin is being used for literally anything, then it became successfully an adopted and acceptable currency. Those who would object to bitcoin being used for illicit activities should do the same with Fiat – it is used for anything including — but not limited to — those you have mentioned. Let's see what will happen in the next 12 years whether bitcoin still exists or no trading volume at all as Satoshi said. We don't know yet if bitcoin could penetrate every level of market which it still not suitable for micro payment and has high fees for big transaction as well. Most people treating bitcoin as investment object to trade for cash or long term savings obviously, and just few citizens that use it as currency right now |
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I don't think so, as many people still treat bitcoin as store of value. But, I do agree that unconfirmed transaction take a long time to be confirmed which is a major problems right now followed by high fees. I've ever wait for 4, almost 5 days for one transaction but I understand that, different story for new adopters like Op. High fees and long time confirmation make bitcoin become unacttractive for new users. In order to prevent long time confirmation, user should pay higher fee for every transaction, or you can use fee bumping https://en.bitcoin.it/wiki/Fee_bumping |
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Is not a joke! I'm serious! The history of Ethereum it's a fake. The "Dual Scam System" is the real project. Search on the darknet…
Better to provide all legit evidence that you've got in Darknet, as not so many people in the forum ever or care to access this kind of information. Because people just think ethereum is a good coin which many people making profits there, from nothing to $222 right now, many projects use ethereum as medium of exchange as well. |
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$2300 2 hours ago and now $2307 and from the looks of it market is in a positive mood moving up.
As per bitstamp today's high is $2334 and I am expecting prices to break $3500 before end of this week. At the same time I am also afraid of prices may get struck with some ranges between $2100 to $2350 levels too. Because when market is looking for some strong support to break upper resistance levels, it may remain range bounded for some times. But we are having stable prices right now which must be very good in some sense when recovering from steep down fall. Yeah, it's depend on what reference (exchanges) that you look at to check bitcoin price, because they could be different such as : Preev $2343, coinbase $2410 and OKcoin $2546, and Bithumb $2797. Some exchanges seems already get volume increases while others still fluctuate, I think it still normal in bitcoin market worldwide. Maybe silence before the storm  lol. We don't know yet, but I hope it will increase again to the new ATH, be ready guys. |
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I think blockchain.info wallet supports what you're asking for. But for a desktop wallet? Perhaps Armory. Electum has a pay to many option, and you can save transaction in txt for example.
Yes, currently I use blockchain.info which provides some features including you can create multiple BTC addresses and could name every transaction you've made to track and manage your transactions and blockchain.info has advanced features is to use the mobile bitcoin wallet for android or Apple. I'm very interested to use electrum as well, but has not been done until today, it has some advantages such as: Instant on: Your client does not download the blockchain, it uses a remote server.
Forgiving: Your wallet can be recovered from a secret seed.
Safe: Private keys are never sent to the server. Information sent by the server is verified using SPV
No downtimes: Several public servers are available, you can switch instantly.
Ubiquitous: You can use the same wallet on different computers, it will auto-synchronize.
Open: You can export your private keys into other Bitcoin clients. Tested and audited: Electrum is open source and was first released in November 2011.(Source : https://bitcoin.stackexchange.com/questions/10461/what-are-some-compelling-reasons-to-use-electrum ) |
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Hi here ! So, the captitalization of BTC reached 40B $ , this is nice but not huge at all compared to FIAT currencies. My question is : with such a "low" amount of money, does the traders have real power over the Bitcoin price ? I always heared about the natural inflation, simply more demand etc... But don't you think that if a lot of early investors with huge amount of BTC could gather and have control over its price ? Or they are simply slave of the system like every one of us ? I'm waiting for your toughts Whether early adopters or not, who have big amount of bitcoin and money have more power over bitcoin price. But, I don't think someone could dominate the market as bitcoin has spread widely and have quite huge market cap, besides no one will do something stupid if they hold big portion of bitcoin obviously, maybe keep it save and convert small portion from time to time. |
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Bitcoin halving on June 21, 2020, from http://bitcoinclock.com/As bitcoin has a fixed number to be generated and halving was a brilliant idea from the founder obviously which make bitcoin worth increase significantly every year. I don't think there's a problem regarding the halving but better to buy bitcoin before the price increase more and more after halving, even right now the price slowly increase every day. "justxed money supply, or a supply altered only in accord with objective and calculable criteria, is a necessary condition to a meaningful just price of money." [-Fr. Bernard W. Dempsey, S.J. (1903-1960)] |
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https://www.bloomberg.com/news/videos/b/4a0b16dd-6783-4dac-9fa0-76e923c9a774According to this link, a bloomberg news site, it was mentioned that there are two hotels in LAS Vegas that accepts bitcoin as payment for hotels, food and drinks. If you want to visit this place as a tourist or to gamble and you happened to lost your money to gambling you can always use you stored bitcoins to get a room to sleep and relax and enjoy the food and booze. Nice information for bitcoiners, every time bitcoin being accepted for service and food make people easier to spend bitcoin directly. Las Vegas is a big city and people spend Million of dollars everyday in there, better to use bitcoin for hotel service and food I think than spend it on gambling, but if they start to accept bitcoin in casinos too, people will trigger to use bitcoin as well. |
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Currently, I'm using local exchange in my country to trade or convert bitcoin but for altcoins trading, mostly I spend my time on bittrex and Liqui, no particular reason because my friend suggested those exchanges and after tried it, all going well until now. Even though some traders don't like Liqui as they're listed too many shit coins but some time you could learn from this new coin whether it is good or not.
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I don't get it! why do people even assume there is the smallest possibility of a dump?!!
a business was out of business for some time, now it is reopening, that means people using that business is going to come back and start using it again.
in this case the Chinese, the trading lover Chinese, have been going through other channels to quench their thirst for trading bitcoin for the past few months, mostly on other exchanges and on localbitcoins, now their biggest exchanges are coming back. of course they will come back to them and start their trading there.
People tend to speculate positively, so I guess bitcoin trading will increase again in China as they always do. But I'm a little worry about dump after pump such as happened before. We're on good situation right now where Japan and Korean exchanges lead the trading market. But, it's kinda weird if withdrawal has been discontinued for some time but Huobi and bttc trading volume also increase during last rally even surpassed some big exchanges. It may a good sign that they are excited to be involved, don't want to missed the opportunity. |
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That's very interesting news since only few companies or establishments are accepting bitcoin as way of payment. Japan really treat bitcoin as a currency. Hope to see a many countries do the same. No wonder Japan will be the biggest bitcoin user in the world. Japan will take place of China because of massive adoption of Japan.
Japan has legalized and regulated Bitcoin. So most of the Bitcoin-related firms, such as exchanges and gambling sites will move their operations to Japan. That nation will gain, in terms of increased tax revenue and new job creation. Unfortunately, the United States had a good chance to do all these, but they got too arrogant. Japan maybe more realistic about bitcoin adoption, if it's always growing and bring many advantages for citizens and its proven nowadays. Bitcoin has its own place in business development, an Airline accept bitcoin just another way of payment method, whether it still has some practical issues regarding confirmation time. USA should regulated and legalized bitcoin as currency but they choose not to for now, maybe they will change it someday. |
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I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world
What is your opinion this time?
Of course, it can be in many ways reduce unemployment or at least for someone who earn bitcoin by doing online jobs could get extra money and cover his expenses. If you could collect 2-3btc and build a business (anything), then hire some workers (reduce unemployment again). Different man get different earnings depends on his creativity and skills which influence us to do so. At least learn how to make profit from online environment. |
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I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
Won't die but this is definitely an inconvenience. Had 2 transactions yesterday which confirmed after 9-10 hours. Even had a fee of 0.002 BTC for a transaction of around 0.4 btc, and still took too much time. I don't send a lot of money but cases like these happen in a short sample size for me. Not sure if this happen with other people too. May 18, 2017 (mark it) for your transaction, 0.002 is a high fee but is it enough for 0.4 btc? Transactions stuck for days only happen if bitcoin start to rise and rally to the new ATH, followed by bunch of unconfirmed transaction as well, it's around 200K unconfirmed at that day. But don't worry, bitcoin won't die because if this matte, as unconfirmed transaction has declined and seems persist at 80K. If you want to move your bitcoin, better do it now. We need a solution to be implemented as soon as possible, hopefully this year they could ended this prolonged problem. |
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I've noticed that I can buy bitcoins at market rate on coinbase.com and then resell them on localbitcoins.com for plus 12% of market value. Obviously, there is a little work involved. Dealing with numerous emails, small transactions, etc, and the potential for fraud.
However, it's not a lot of work, mainly just pushing the escrow release button 4-5 times a day after verifying deposits into my bank account.
Since I can sell around $1200 in coin per day, minus 1 percent for localbitcoins and 1 percent for coinbase, I can net about $120 per day, which is currently more than my day job.
Now, if something seems too good to be true, it generally is. In other words, the profits seem too easy for the work involved, that I worry that I'm missing something? I would think that the ease of profit would encourage more people do to it, thus making more competitive prices on localbitcoins and driving the price down.
What am I missing?
EDIT: I live in Europe, the laws are different here than in USA for banks.
Everything looks so smooth for you, how about (1) bitcoin transactions fees and (2) confirmation time? How long you have to wait until bitcoin received on localbitcoin? Have you tried it before? As bitcoin price could change in matter of minutes, what might seen high in the beginning may end loss if the price suddenly drop. Please update in here after you have tried it, we would like to see how is it going. Good luck. |
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So, once we get the tokens, how do we actually get the power?
Your physical connection to the distribution grid remains the same. Once you join SunContract energy pool you could buy the power with SunContract (SNC) tokens directly from producers in the pool. We really like the concept and this project vision which 'is to support the global self-sufficient energy community based on renewable energy by digitalization of electricity. With SNC tokens, one can buy electricity through the SunContract Energy Pool.'Good project that could last forever as energy demand always increase, but where exactly 'producer in the pool' located? Is there any pool that has been established? And how many pool? Thanks. |
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When will BTC value be $5,000 When do you think? In an older post back in December 05 2013 I post a thread asking when do you think BTC would be at $2,000, well it took almost 42 months to achieved that goal. Here is the older thread https://bitcointalk.org/index.php?topic=359105.msg3842063#msg3842063Now that the price is at $2,259 USD, I am asking the same Question, but changing the target to $5,000 USD. If I'm not mistaken, your question before being asked when bitcoin price at $500? Takes a long time to achieve $2000, but the highest rate in the few days ago was above $4000 in South Korean, consider it as ATH because in Japan and some countries in Asia have reached more than $3000 as well. If segwit or blocksize will increased than we could exceed $5000 in this year, if it doesn't than next year we should see bitcoin reach $5000 obviously, consider bitcoin has slowly increases. |
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I think and I am predicting that a BIG CRASH is coming within the next 10 days.
Why?
Because there is no investment or asset that can increases itw own prices the way Bitcoin is doing, less than a month ago the price was at 1,300 usd and now is at 2,500 usd this is crazy and it is not possible.
Actually this has happened back in 2013 when the price falt like a rocket been knocked down to the ground.
Actually if you ask any profesional investor in the world what do they think, the will really tell you that it is too beautiful to be truth, and that you should stay away frrom anything that shines like gold, without been gold, because it is 100% that is a ponzi scheme.
So becareful and sell as soon as possible, before the boat sinks.
I hope also will not happen because I also like it, and I am amaze with what have happened, but lets be realistic, is impossible this utopic situation.
What kind of crash? It's already 4 days, we are waiting for your prediction, whether it will come true or just misleading information. Bitcoin price still fluctuate and stay at $2000 level right now, don't know whether it will recover soon or continue to decline. Recent price at ATH is so tempting for people extract more money from sell their bitcoin, people don't want to regret miss that chance, that's why correction happen imo. |
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