Price rising = rumours + good news
Price going down = bad news + panic selling + whales cashing out
But what factors keep Bitcoin price stable?
it is not just that, the price also moves based on supply and demand, and when demand changes the price changes with it. and all that news,.. you are saying are directly affecting the demand. for example a good news brings in more people and increases the demand. also there is always an increasing amount of demand because bitcoin is still being adopted by new people. |
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Thanks for your opinion. I use Copay bitcoin wallet but I also want to switch it blockchain.info
don't do it! blockchain.info is a nice wallet and it can be usefull to have it as your web wallet but never swith to it because it is not the safest wallet. instead try cold storage and desktop wallets if you like keeping your coins and not getting hacked. |
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I also received this same email from them yesterday. Right now, I'm still contemplating on whether to use it and set aside my unused bitcoin there. That feature is great if you have any bitcoin that's burning a hole in your wallet. 4% is still a profit/gain in my dictionary. And also, I think, credibility and trust is not an issue here because they are in the bitcoin community for quite some time now.
4% is an annual profit not monthly! and that is too small a amount to evn think about investing in something that can run away. i am not saying the oldest faucet and possibly the biggest one is going to do that but in my experience investing bitcoin never ends well specially if the reward is this small. |
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I think that bitcoin is currency I mean cryptocurrency not only currency what means that bitcoin price is fast changing what is good for investing in bitcoin so I dont think that we can call bitcoin investment when cryptocurrency=investment.
It seems to me that the rapid change in prices can only scare off investors in bitcoin. Such jumps is dangerous. The price may increase and an equally fast fall. While the volatility on bitcoin price may scare off those investors that prefer to take safe investments for many bitcoin offers the opportunity to earn big in a liquid market that moves extremely fast and give to them the best chances of making money fast. volatility of bitcoin NEVER scares off any investors. it scares of average Joes who want to buy bitcoin and use it as a currency. the investors know what volatility is and how they can take advantage of it which means the love it and will invest because of this volatility. but in the end we need stability of price if we are to move forward and see mass adoption. |
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Yes he is talking that way and I can say that it's really hard to do so. And of course building up your own casino takes time and needs enough budget for it. Because if you aren't going to do so then you are doing it the wrong way. But if you will just simply play as a normal gambler, you will definitely need a lot of time to make it profitable.
Why should you build your own casino if you could just invest your money in some casino? there are many reputable casino out there that offer investment . Most of those casino actually have actually given quite alot of profit to their investor so instead of making your own, it will be better to invest in one of those site It depends on how much you can invest and if you can attain to build your own casino and can afford to have it then just simply build it. But that is not an easy thing just like what I'm saying. Investing to their bankroll is also a good thing this is another option for those people that wants to make gambling as a profitable activity. building a casino is super easy. you can make any kind of them from small and simple to big and complicated. you can even get some script and install them and be good to go. like the dice sites with one click! but the problem is not "building the casino" the problem is with maintaining it, with how to be successful in this business. you should know that running a business, specially in a world where there is competition is very hard. |
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control in gambling is everything and if anyone doesnt have it, that means they should stop immediately or face the dire consequenses of losing lots of money!
although the good news for those who lack control is that they can always use bots for gambling, you put in a script as their settings and they make the bets for you so you can improve your keeping control issues.
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With the law of economics and the ever-decreasing block reward theoretically bitcoin MUST increase in price or else it will fail as a currency. When miners are getting paid less and less BTC the value must go up or else there will be a decrease in miners. Also, when there is a small amount of BTC being created with increased adoption, the price per bitcoin must go up or else there simply will not be enough bitcoin to go around. Some day we will reach the point where either bitcoin fails as a currency, or that units such as uBTC or even satoshi must be used to pay, as some people will not be able to even acquire an amount such as 1 BTC.
With 21 million bitcoin and 7 billion people in the world, that is 0.03 btc per person, and thus that amount must be worth enough to be worth at least the average income in the world which is 10,000$.
Of course not everyone will adopt but if bitcoin is to reach a reasonable goal, something like 1 or 2 billion people owning bitcoin would be ideal.
Well said, I also believe that Bitcoin getting rarer each day because of the lost access to the address by its owner will definitely increase it price. In addition of people adopting Bitcoin, more demand, getting lesser supply, the price value will be an uptrend if we plot this in graph. We then can see Bitcoin beating its ATH from time to time until it become more stable due to the saturation of the market. The sad part about the price increase is that some people are intimidated by the current price and are waiting for a decrease before buying in. But at this rate, it looks like we're not going down anytime soon. We're now back at $1250 and soon we'll be seeing $1300 again. Don't get me wrong, the price is great but we need a better opportunity to buy. Then again, there's also a possibility that we'll see $2000 in the coming years and in hindsight, right now would be a good buying opportunity. We can never really know. Hindsight is 20/20 but this decade is the right time to buy. If you don't buy in now you may never be able to afford what you would like to see in your wallet (like 1, 10 or 21 bitcoins). I'd hate to miss the train and be stuck at the station. Aka; fomo I predict that $1600 will come in about 2 months. We're going slow and steady the way we should be. waiting for a dip to buy bitcoin is actually a good thing not a bad one. but the bad thing is keep waiting even after the dip happened. first thing to do is always to know the market and see the news to try and predict if there is going to be a dip or is it over now. for example right now there is no reason for a dip. then the next step is buying as soon as price went down even a little. but most people fail at this step because they think it is going to go lower or they panic so they keep waiting until price is back up and it is too late. |
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no it can not.
because it is not yet accepted by everyone to begin with so bitcoin is still very small to have any effect. and it needs to be adopted first, that is why price always rises.
and then, bitcoin is just money and money can not do that. government can simply regulate every business that works with bitcoin and we will have the same world with bitcoin as we have with fiat.
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Whether you believe if you Continuously Buying The same number, one day you can win the lottery. there i read some stories much people can being rich by using this way.
no i do not believe that. in fact i hate lotteries because the chances of winning them is extremely small and there is always a lot of people who are leaving disapointed because only one lucky bastard wins and the rest of the participants lose their money. and yeah that strategy can work but you may need to buy a couple of million lottery tickets and it can take till the end of the world. |
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I dont know why but blackjack is really close to my heart and when it comes to playing this game i can say that i am confident with my skills of playing this game than any other gambling game
I see people that are winning most of their money on gambling with blackjack. And you are actually good at it means that you surely got somehow professional skill on it. That's the best thing if you are good in a certain gambling game, you will have an assurance on it. all the gambling games without an exception are highly risky, and that means you will also lose money and sometimes lots of it. although i have to say games like blackjack need some more skillfullness! i never knew anyone who have been winning forever and making large amounts of money in total in the end but i have surely seen people who are good at it and win a lot. |
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1) Wait for Jihan Wu to create BUcoin by hard fork
2) Exchanges list BUcoin
3) Users dump BUcoin for BTC because the best devs are the Core devs and all merchants support Core+segwit
4) Jihan Wu goes back to BTC accepting defeat or stays mining useless marginal coin (just like the ETC miners)
5) Enjoy doubled BTC
yeah, if you are foolish enough to hope for a split to make a one time only profit then this is what you can hope to happen. because mark my words if bitcoin splits that would be the end of it. it will die and we all would be left holding a worthless token on both chains. |
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Assuming a merchant accept Bitcoin,
You as a shopper, place an order, and that merchant did not deliver, or sent to the wrong address, or sent a fake product.
You can not reverse the payment, you can get your bitcoins back, and the only thing you can do it leave a negative feedback.
Of course, there are many other scenarios, like phishing websites, fake websites, selective scams, and so on
What are your thoughts and ideas to prevent these scams.
there is a big difference here! when the payment system has charge back it means any random person on the internet with complete anonymity can use any payment method and charge it back. when it doesn't have it (like using bitcoin) if the merchant pulls a scam you can find him because it is one person not just a random anonymous person on the internet. they can be registered, give their information have a real physical shop,.... and lots of other things to make the trust and people easily use them. |
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For you change to win 10.000 a day what kind of sports would you like to change to play for free . If you can think of any please reply below. There need to be able to verify the results online.
your English is too broken. it is very hard to understand what you are talking about! how can i win 10.000 (whatever amount it is) while playing for free? are you talking about some kinds of sports betting that you bet for free and win $10,000? because to be honest that doesn't make any sense. are you offering such services or just asking a completely random question? i hope you come back and clarify your question not just start a topic and never come back again  |
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most of the bitcoin gambling sites don't ask for documents , but in most of their TOS they say that they have the right to do so if they needed but as I said most of the time they don't ask for that
in my experience only powerbet ask for unnecessary documents , and the fiat sites that accept bitcoin
people say all kinds of things in their TOS but it doesn't mean they are doing it. it is there for legal reasons and if you look closer it say they don't want it now but they may ask for it in the future in case authorities asked them to forcefuly take it from their users, and their users can just stop playing there if they do. and that is why they never will ask for any documents! (it's all about keeping the customers happy!) |
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Lol quick bump for you @op. Looks like you were wrong. You can go shill somewhere else where you have any shred of credibility. Maybe r/bitcoin? Hahahaha
if you are going to start bumping all the wrong topics in this board you will be here all year long and this topic is good, it was just talking about a drop. the worst ones were those who were saying repeatedly that price will go down to $800 and stay there. and it all proves how full of it most people on this board are and how the readers shouldn't really take advice from them. |
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new technologies such as bitcoin are considered revolutionary and these things take time to become widespread because of it. people always have a hard time adopting these type of technology.
but when they are adopted and over the first initial phase then the process speeds up and you can see adoption everywhere.
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i completely expected this.
it is pretty simple, ETF had no real effect whatsoever on bitcoin. and it was all hype. and what hype does is that if it comes true it temporarily pumps and then drops and it if doesn't come true it causes a temporary drop and then rises again. and the second thing happened here, as simple as that.
and it surprises me that even after this process happening a million times before, people still fall for it.
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most of the time i am betting on football games, and it is the easiest for me to do too. but also i like betting on horse racing too. although i should add that i have never done it but i have always seen it in the movies,... when people go to horse race tracks and make bets while watching the race. but unfortunately since there are none where i live i have never tried it, and the online version is not as fun so i have never tried it either.
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How do you know if the gambling site is a scam or not? how you trust a gambling site for you credit card and know its not a scam?
stop using gambling sites that ask you for your credit card! and start using gambling sites that are working with bitcoin, you are in a bitcoin forum you know. and your first step is searching for what other people are saying. these gambling sites all have an announcement topic in gambling board that you can read. an it is easy this way. but if you know what to look for which is hard, you can do it yourself. you can check the provably fair system for example. |
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yup, we are all happy about the dip. it was a bit scary at the time but when you are a long term holder instead of being a day trader who thrives on shorts, you never fear anything.
i haven't had the luck to buy any at the lowest lows this time but i had set some low bids that were filled and i am still glad.
it is always good to buy in the dips each month and transfer those funds to cold storage to hold.
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