I was just thinking that since Bitcoins is 100% on the internet, what would happen if the whole world adopts it and 20M bitcoins gets stolen by a genius similar to what happened to Bitfinex?
Then that wont be valuable anymore. Imagine one human being having 20 million pieces of the Monalisa. Are you still going to buy that? It was similar with bitcoin. The more people who wants it the more price it gets and be expensive. Without that demand then one item will have lesser value. It must be something that people are thriving to get even just a piece of it. |
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I dont have an offline wallet but I got Electrum which makes me feel safe from before until now.
All my funds from Coinbase and other online wallets are now safer.
This can be a big blast so better be ready to anything that could happen.
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For now, the plan is just to hold it still.
Because of the price drop there is not much room for profit so it would better stay.
There have been a lot of sellers now because of the panic but not for me.
I dont want to get stucked with the queue or having a hard time when they start buying after the fork.
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I convert my btc to dogecoin whenever I feel that deposit fee is way to much.
Regarding bitcoin being too expensive to play with, I agree that gambling with 1whole bitcoin is expensive. But you can always look at playing with lower denominations. You can even bet 1satoShi on most(if not all) of the dice sites.
That is true. I am playing at Yolodice and I dont need to input a bitcoin just to play, just satoshis is okay. The good thing is I am being paid now to post and I could gamble that instead of using faucet which also takes away my experience to level up (features of Yolodice) Sometimes I just spend my time with the chatbox and win the prize from the questions which also can be used to gamble (another feature of Yolodice) Bitcoin is expensive but there are another ways to earn it. |
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Small amounts yield small profit too. It would be good to just use your small amount to buy cheap tokens and hold for long term and then sell when profit. You can buy thousands of coin when its price is just $0.02 and when the price is right, sell.
I'm trading with very small amounts. Like 100 ripple and so. I decided that it's not meaningful any more and I will try to risk more assets in the same time while trading. Well if you're looking to up your experience about getting around trading, its ok to start with small amounts. That's because its easier to recover from a loss which would most likely happen. The more experienced you get, the higher you can raise the amounts of your trades That is how it happened to me. Experienced the lost then try to find a way to make it back. But most of the traders seems like getting down after a certain lost. Thank God I did it just for a small amount which is like trial and error. I lost, which is an error and now moving for a big change. That change is getting to know more knowledge about other coins which makes a big deal considering I already profited from it. Bitcoin is expensive that is why I chose to use other coins which can be afford by my monthly salary. Start with a small amount then keep the experience. |
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Yesterday the Central Bank of Albania issued a warning about the uncertain and unsafe nature of cryptocurrencies
They called on people not to get involved. Should we be afraid or the banks are!
Most of the banks don't know what crypto currency is. Even if they know they are definitely not afraid of it because of the fact that crypto currency was invented only a few years ago and banks have Been there for More than hundreds of years. Even though a lot of people hate banks they go to Banks for their financial transactions as they trust it and a lot of people think that bitcoin is not trust worthy and they think it is complicated to understand when compared to banks. banks doest care about it for now, because it is not yet been legalize in many countries but sooner i think they will be afraid to bitcoin because many people will start using it because of the fast phasing of technology. You got that right. They dont see any potential out of it that is why they are just ignoring it. Some banks did make a step to run a new blockchain for their own purpose but it seems like they cant perfect it or they see some flaws our of it. That says it all. Banks and crypto currency cannot be connected. A real time physical transaction cannot be connected with an online one. They might need a genius to make it work. How about they hire Satoshi. That is if he is still alive |
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There are many people who lost their money on trading, because trading is unpredictable job, in my opinion i need:
Method ( i must have system trading)
Money ( i must have management of money and risk)
Mind ( i must can control my emotion)
Tell me your opinions?
Yeah it's unpredictable because we can not make sure that the daily profit is not changing everyday. We can not make sure that the coins we buy today will increase their price or not. There are really people that are so good in interpreting trading charts and news headlines to turn it into a profitable trading. We should learn these skills before we even try to trade big amount of money because if you just blindly trade, it is no different to gambling. We should be a skillful trader in order to win here. Got a hard time getting that skill. Actually until now I cant seem to perfect it and I think that is normal. I lost a lot just trying to make it better with my trading skills but there are times when something gets wrong all of a sudden. It is way too different when I was trading with commodities which I got used too. Tried to implement that with crypto and it failed. So there will always be difficult times and a lot of lost before being good with this kind of trading. He is right. You cant blindly trade and just let luck be the judge. |
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As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.
I also think like you. I still believe Bitcoin will increase in the future but I'm always worried someday it will go away, this can happen. But that is the future so no one knows what will happen. So now we should still make money from it To be honest people are just panicked about the current situation and why they wouldn't be as they have put lots of money into it. I'm pretty sure bitcoin will last more than that as investors won't be tired of investing into it no matter what. Big alpha companies will keep forming to produce beta results and so on. The fact that the mined bitcoins is not yet complete tells it all. One more is the popularity of it. It is hard to bring down something that have the support of the people. Add the value of it that grew this much. Way too different with the altcoins that lacks support and lacks investors. |
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Hello,
We are about to launch our site/game and will give and update here very soon.
In order to organise our future growing:
Do you know good advertising channels (sites, blogs,...) where they accept gamble-related advertisers?
We will start small, but it's good to know where to advertise when things proof to be working.
Ty
Hello there. You are already here in this forum so why not start here with your advertising campaign. You could hire some people to spread the news about your gambling site through social medias. Twitter and Facebook campaign are a good way to start it. This could be cheaper than what will you spend paying a spot in one blog. Plus, it will be a an everyday movement unlike with a blog where it is just input there where only people following the blog will see it. Try it. Then you could see if it is worth it or not. Then you could stop. |
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Even the blind can see that crypto Currency is making people millionaires all over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.
No! its not too late to buy bitcoin especially the price now dropped below 2000$, so it's a better chance for us to take advantage the cheap price value of bitcoin at the present time now. For us to encounter big profit of bitcoin if we buy a huge of it. I would not recommend that for now. There will be an upcoming changes so it would rather just stay and be on hold. The price might change more thinking people might withdraw with the panic that is happening. So it may come to a lower price which is a better time to buy. But it could be after August 1 when everything is doing fine with bitcoin to avoid errors with the funds. |
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You guys are hilarious. It's like you're all in denial. Bitcoin has just lost MILLIONS of dollars and you're on here saying "don't panic, stay calm, everything is going to be fine..". Exactly when should we panic?? When it drops another thousand? So you're excited that it's dropping huh? Great, show me the receipt of the huge amount of bitcoin you bought today?? Didn't think so.
To everyone who's reading this because they too are pissed at Bitcoin falling nearly $1k in a month: Take what these people say on here with a HUGE grain of salt. They don't have some special future-knowing abilities that the rest of us don't have. Bitcoin had never been up that far in value so be very weary of anyone who talks about what it's doing now as if it "happens all the time". This HASN'T happened all the time. This is all brand new. Every day that goes on is a day that we've never been to before. I sold my bitcoin today because I'm tired of being raped while the price continues to drop, drop, drop, drop, drop, drop, drop, drop. And guess what it'll do tomorrow?? Drop, drop, drop, drop, drop....and then a little more....more...more....drop a little more....drop again...drop...drop... WAIT....we're not done.... DROP DROP DROP.... I undertand Bitcoin has volatility and I was fine with that. But a $1k drop in a month isn't volatility, that's called a bursting bubble. Maybe Bitcoin will come back, it very well could, and if so then when the price starts going back up you can always buy again. Sell your position now and save yourself some of the agony that almost certainly is coming in the next few weeks because I highly doubt it's going to be going up in that time. Oh and don't read articles expecting to have someone tell you what will happen with Bitcoin. I've read so many and people will tell you that the price is uncertain because of some buffalo farm in Africa did something. NOBODY KNOWS what the market will do. It's just that simple.
Look at yourself. You are the one who is funny. You just invested when? Yesterday? Last week? Now your bragging about what you bought and never even waited for a long time. A lot of people here have succeed because of their patience. And do you know how hard it is to take that patience into another level? For me that is hardcore thinking they have been through a lot of ups and downs just for the belief that it will still go up. Now you are crying there just for a week or 2? From $350 (where I started) and to this price. That is way a lot of difference. You can look at the graphs to see it. You want easy and fast money then you can gamble it. Pfft. |
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Ive been watching the markets sence bitcoin was 150$/BTC, i have been promoting bitcoin and the use of it for a long time, but why should BTC ever rise again? There have been a peak thru overbuying and now somebody has to pay = coin value drop.
Hard fork, soft fork doesnt matter the value wont rise above 2k$ again?
It wasnt meant to?
I have not sold my Coins but i dont believe in 4-10-100 000$ /BTC
Hello. It is stil way above $2k as of now. Why are you saying that if you stated that you have been watching and promoting it. Are you telling a bullsh!t to just create a thread or are you really a supported just not monitoring it really? It can go beyond that and we will see that. For now, there are issues because of the fork and too many are in a panic but that doesnt mean it will end up staying with one price. It will still move as long as there will be buyers and sellers. That is how bitcoin gets its value. |
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Theymos got a good question above.
Are we ready?
That means a lot.
Our bitcoin now are at stake and we really dont know what could happen.
Me who dont have a lot of ideas what a fork would do to the bitcoin value.
But still I have faith. I hope it will be successful and we all end up getting a better price. Or it could stay and I am okay with that.
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Over many centuries, gold compare with other precious metals, gold is the most popular as an investment until now. But I think bitcoin has become a serious contender for gold with increased price so fast in first decade. If people get a good information about bitcoin I think they prefer to take bitcoin as they investment choice.
They might. But that is not a 100 percent. There is a possibility that they can also be the enemies of bitcoin considering it is shocking when they see its price for the first time. It should be annopen minded person before they could really see the good part of it. For now, inviting them would be a problem. Maybe after August 1 for we also dont know what might happen. |
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Maybe that is why it is going down by $150.
Because of the warning of GDAX some of the users withdrew their funds in an advance.
It is a good thing to tell the news but a bad thing to make it so advance. It is still early for the prompt about it.
Besides the transactions now are faster than before.
This could cause a lot of panic to the bitcoin holders.
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Polonix is a good exchanger, I trade there almost half year without fetching any kind of issue.
I saw some people, who reported against polonix.
But theirs issues is not valid its temporary.
yeah right keep doin what you doin congrats !! man I was using them for the past two years and they are literally the worst exchange these days our issues are not valid !! they are temporary !! really man !! been waiting for my withdrawal for 62 days now is that a temporary !! should I wait two years more till they solve the tickets issue ? or maybe I should write in my will that I have money in poloniex and hopefully my grand children get that money in the future stop defending them , you can't ignore all the problems that other users are facing actually the whole thing that some users still have good experience with poloniex while others are suffering make the things even shadier Okay you are mad because of what happened to you and that is normal. But not all of the users have that problem and a lot of them have no issues since day 1. We also have to think that any trading websites can have this problem. If you really made a ticket for the resolution of the certain error about your account then it shouldve been resolved now. They should have a customer service when it comes to this. There is no telling when an error could come up. Same goes with other trading site. This is money we are talking about. A large amount. I havent experience this yet so I would not know how to handle it too. That is why I am reading here if ever this would happen. |
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It could be just doubt or could be fear for the unknown.
But theymos already input a news about how we could prevent lost of our bitcoins.
So, we could just follow it to be safer.
About the price, we dont really know if it will make a big nudge. That is our fear now. It is our money that we invested in and we dont want to be risking that because of their decision. We want ourselves to be in control with our own money that is why we picked bitcoin and not banks.
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
They are holding bitcoin for one simple reason : the price's rising with time. The Bitcoin price is expected to increase and going to moon within few years most likely, and it will be the best opportunity for the holders to create wealths this way. Truth. Most of the investors here do have that only reason. Money. We dont know yet what the future holds so we dont understand also if it could be usable at that time. But for now, we could profit from the increase and somehow be ready and hold more bitcoin for future plans/ |
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If someone can predict that it is his lucky day then everyone could rich in just a day.  No gambling sites will be opened anymore if that is the case. That is why some players dont base with luck. They just play games which skills are needed and be very well with it through experience. |
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It aint. It tool a long time for the holders to feel this large scale now and it is not just about time also.
The effort they took into spreading the news about bitcoin so that investors would come in.
Maybe we should go back and view how they are all down with just how much per bitcoin is against what they will pay for mining it.
Sure it is easier to mine before because there is not much traffic but they will still pay the bill for electricity for what? Cents?
Now it is all here and can you still say that is instant?
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