Hello guys  I just wanted to discuss - *DO WE NEED BITCOIN GOVERNMENT?* Let's just put it in a simple way Bitcoins is being harassed by the governments , the banks , the private sector , the bulls , the investors and it's just something that we cannot control. What if we had a government for Bitcoins to support it , to legalize it like some normal currency , off course while keeping it's main points strong and not converting that into fiat. What if it was accepted into the normal currency system? I would like to say that I understand already that it's not just a currency , it's a store house of value , it's more than that, but integrating this currency 2.0,  would not only increase it's stability but would also give the users rights. And to do all this we need something like a Bitcoin government , which will support it ,legalize it , purse the lawsuits , give the users rights . It will make Bitcoin something that every fiat worshipping government and off course banks and all , will more or so accept ( forcefully though) but let's face it ,it will be still better than the dictatorship in North Korea and no one says anything about it -_- why would this matter to them ? As long as we are not Harming others. We just need a integrated environment because let's face it there are 111 out of 251 regions where Bitcoins is legal and to make it global everlasting integrated crypto currency , we do need all of these 251 regions to agree to this ( if not all then 90% the least ) so you think of creating an organization or gathering people to make the name of the bitcoin department? this main problem is how to respond to the world government with the presence of bitcoin let alone make bitcoin governance in various countries. I am still thinking about how it would be if the very fluctuating value of bitcoin becomes a means of payment, OK if the value goes up it is very profitable for the user or user, but if the value goes down is not that harmful. |
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i have crmsn(crimsoncoin) in coinexchange, now trading has been stopped what could i do with the coins.
it will be delisted on 27/3
what could be done?
If you find or there is another exchanger who is still opening the trade for that token then immediately move your token, if you can immediately sell the token before it is worthless. Because there is nothing you can do except move the token to another wallet, I've experienced this case. |
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"If I'm right in the thesis, what do I get?"
"But on the other hand, if I am wrong, what is the maximum I lose?"
With these two bezels on your head, it's easy to size and risk your bet.
The risk is huge and so we must scale very well the amount we have to lose, not to fall into the fallacy of trying to solve life with a single shot.
If you bet or put your money on bitcoin then I think the risk is quite low when compared to the movement of the value of Alts. Anyways, what kind of thesis are you talking about, there are some things that you should make sure, especially for me thats trade is not something like gambling and this is not a lucky game. Then if you ask the loss and profit in this case the same, because you are all in. |
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Are you dreaming to launch your own coin and ICO? How would your project look like? Which problems would be solved? How would you call it and which abbrevation? (like Bitcoin (BTC)) Would you do a big Bounty and Airdrop to make your project famous? I'm curious about your plans of creating a new ICO project and your own coin.  I have some ideas in the field of big data and the like, also making my own exchanger like binance, just looking at how the nature of investors towards ICO and IEO now, makes me think is it still feasible? bounty and airdrop are alternative ways if you want to market ICO / IEO. |
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If I'm better off selling it than being worthless, the longer the altcoin has no development and good news, the lower their value will be. If the hold is bitcoin, bitcoin has its own value because it is the peak of crypto, maybe if I suffer a loss then I'd better hold it.
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Do not use Coinbase! They have extremely poor service and will not support you if you ever encounter issues logging in. Instead, they will write a generic response to your ticket and immediately close it. If any major bank tried to pull this they would get buried in lawsuits.
Again, avoid this service at all costs. Forget their greedy 5% fees on deposits/withdrawals - it doesn't even matter if you can't get your BTC or USD back period. That's a 100% fee.
For related legal issues from regulations issued by the government or the bank, I don't know. Here you cannot log in due to a problem, indeed in coinbase if you cannot login because it is wrong or forget the key, so it is very difficult to restore your account, but if it is because of something other than that I have never tried it. |
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Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet like electrum and Hodler wallet?
I prefer to save or hold exchangers, because that's easier and doesn't use many transactions in transferring funds, especially so far my funds are still safe from loss(hacking). Other than that, if we store in exchangers we will not miss the moment of flash pump or dump. |
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I want to learn about being professional trader. I want to search and read some articles but I don't know whatelse.
What I read so far is about how to read candlestick. And I learn how to read indicator but I just learn it by myself.
So what articles to read? If you have some suggestion, please share here. I don't ask for the articles to read, I just ask for some clue what to learn
The role of information or news is very important in this field, indeed learning about analysis, knowledge of candles, bot trade and much more, is the knowledge that must be owned by traders and the rest is experience because even traders who have talent need time and experience to become experts. For the first time there were several exchanges that used the demo feature and there were several sites that provided special news about crypto, for those sites has been mentioned by others. |
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Cryptocurrencies have been all the rage for the past year or so, creating substantial wealth for investors who bought these virtual coins anytime before the beginning of 2017. Some of the most popular, like Litecoin, Bitcoin, Ethereum, Stellar, Unity and Ripple, have generated enormous returns for anyone who bought, mined, or otherwise acquired these digital currencies soon after they came into existence. We are talking about gains of between 4,000% and 17,000,000% -- potentially life-changing wealth.
With the advantages as you say, the main goal is investment or making money, I think most of them buy cryptocurrency because of that, besides the benefits as digital currencies we can also take advantage of both trade and holding, indirectly if we buy crypto then we also support blockchain technology from various projects. |
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Not many new coins are feasible when on the market and most of them are below the ICO rate, even the IEO too. All of that for many reasons especially the development of ICO is not so good, maybe later ICO / IEO will return hype if the market also starts bullish. I feel the impact on bitcoin is small, especially when seen a new coin is only in small exchanges, and if their volume is small, traders cannot use it to gain big profits.
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What do you think about Bitcoin price movement? What will be the year ending situation? I believe it will be around 10k to 12k USD. Let's hope for good things coming and let us know your thoughts.
Thank you.
This is only my analysis, that the price of bitcoin may increase but maybe below 10k usd, we see the current market there is a change and tends to rise, but the price does not go up to moon just around 5k - 6k usd, we need more news and adoptions. |
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To replace losses, I focus more on how I make profits and how I evaluate what I do so that I suffer losses. regardless of strategy and how we see the market as an opportunity that is our knowledge.
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in my country, in my city, no one has supported payment like cryptocurrency, if I want to spend using crypto, I have to exchange it for FIAT through local exchanges, it's rather difficult but the good thing is we can make money and shop from crypto that we produce.
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Seeing market slowly recover then it is a good sign that there could be next ATH. So, while crypto is cheap.now, Do you think that it is better to invest now? How ready are you to do it. Are you going to invest all at once or make a succeesion of investment over a period of time.
Please let me know your plans and strategy and how you think you can earn from the market.
My initial plan, seeing the market conditions began to slowly rise, and luckily I had bought some crypto at a low price so I chose to sell slowly at the price I would continue to increase, and later if the market correction I bought with the profit I got and that I did until I had enough profits. |
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Newbies can easily be influenced from what they hear from speculations.. I've read several times people tend to advice to hold long term. because its easy for them to say JUST HOLD cause theyre not the one losing! For me its not all about holding, its being smart about your own invesment know when to stop and cut the losses.
What are your thoughts?
You're right, newbies who are only interested without having information are very easy to influence, they also tend to believe in negative news (despite false news). For me to stop or cutlose it depends on my original plan, I mean since I first took action or bought it as an investment, before that I already had a plan and strategy in dealing with unexpected things, regardless of whether my actions were right or not. |
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I here and see that a lot of people are selling their altcoins for this reason or for that reason. In some cases I here that people are even spending their altcoins to buy Bitcoin. Now that one really has me confused. To me it’s way to early to be selling your altcoins. It’s like selling an original painting before it even gains in value or while it is still gaining in value. What smart investor does that unless they are selling out of fear or because they are desperate. For me I am holding all of my coins for now because it is way to early to even think about selling your altcoins; what say you?
What you mean is "holding for now" smart investors must have several reasons, it is possible to manipulate prices, or maybe because the altcoin is indeed not feasible. Choices or decisions depend on what we see on the market and what information we have. |
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Currency failure generally occurs due to the type of hyperinflation, and there is always the potential for technical failure, currency competition, political issues and so on. As the main basic rule, there is no currency that can be considered very safe from failure and difficult times. so is it possible that bitcoin can become worthless?
I think with the fluctuations that occur and decentralization in crypto, users will understand the value of crypto, worthless can happen and you already understand that because there is no currency that escapes damage including FIAT which depends on the country's economy. |
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Is it going to start with poor countries and their dictators?
Is it going to start in the USA with their SEC and ETF and everything?
Discuss.
USA has a fairly high influence, I think for adoption it might be with the SEC, from what I see the development of adoption in developing countries is much faster, maybe because of problems or shortages in terms of financial transactions, they tend to see cryptocurrency as their solution to overcome these shortcomings. |
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I hear it all the time. Bitcoin/crypto is alternative to fiat. And almost every token philosophy is based on this premise.
The question: can cryptocurrency beat legacy financial institutions to the point of replacing them?
... Thought as much... The much lauded JPMCoin was all noise and no substance. But can an accident happen to make legacy institutions catch up to the decentralized world?
One of the advantages or sources of state tax is in the bank, moreover the governments of several countries do not talk about cryptocurrency in detail and there is no interest and profit for the government itself, inversely proportional to the bank. In my opinion crypto will not be able to replace the role of banks all this time, maybe if there is a relationship between the two, they will oppose each other against regulation and the function of crypto itself. |
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Since we are all here to learn things about cryptocurrencies and to share ideas with each other on a way to increase our knowledge and revenues on how cryptocurrencies market work and how to make money from it, I think it is very important we understand some basic things about how the cryptocurrencies market works and where and how to rendering services for money, selling products and trading coins in an exchange platforms as a newbies in this forum. Of a truth I am among those that becomes rich through investing in cryptocurrencies in 2017 and I keep appreciate the ideas behind the whole things. Having been trading forex, commodities and stocks it was easy for me to diversified into cryptocurrencies trading and that is because I know how to interpret candlesticks formation and chart pattern and I learned all this without paying a dime from the followingsites : https://www.forexpeacearmy.com, https://forums.babypips.com, http://pumperspicks.com/ultimate-altcoin-buying-strategy/ The only way to make money from internet and cryptocurrency in particular is to become skillfull in an area and if you want to be skillful in trading I will advices you to visit all this sites to learn the secret on how trading work as a newbies and form your own strategies. Remember to demo trade first before putting really money. I wish you join us at the top! What you arrive at is indeed really to be seen by beginners who want to trade, because many are directly trying to spend real money, but they themselves do not understand the technicality of the trading. and one thing in my opinion is there are several different aspects regarding crypto and forex trading. |
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