Trading altcoins and hold bitcoins they are same profitable, trading altcoins to get active income from fluctuating the price
that is short term investing, use scalping strategy due to the price of altcoins are bearish trend and hold bitcoins from the profit trading altcoins, it is good for long time investing, we know price of bitcoins is bullish trend long time, it will be hit around $5000/bitcoins or maybe more than it.
The two are not the same thing though because with trading, you are taking considerable amount of risk which is not the same for holding which is purely hope. For someone who don't want to take any risk, or does not have the skills of trading, then he can just hold and hope and also not be jealous of someone who is trading because with the right information, he is definitely going to make more profit than him. |
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And seventeen days since the beginning of August which is even 1 month after the purported acceptance of bitcoin in Australia, yet I have not read anything about the confirmation of the news or a release from government that this is exactly the direction of what is going on. Like I always maintained, news like this are only meant for speculative purposes and nothing else.
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Perhaps in the very distant future altcoin will be able to beat bitcoin, but now bitcoin is the strongest crypto currency and is in the first place and in the near future is not going to become in second place.
In the near future seems like impossible future which is what we are having now. I am sure in the last five years, discussion like this would have surfaced and it would be suggested that in the next five years which is now Alt coin will meet up but unfortunately, the discussion is still being done again with no end in sight to that but hopefully the coming ones can live to the future. |
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Is it still a good timing to enter the market for bitcoin? or should i wait for price to drop before entering?
The time is always good to enter bitcoin and when you buy, you are actually contributing your quarter to make sure it reaches the point of profit making for you. And the reason is because the proposed point in your mind wont happen by magic if some people somewhere are not making efforts towards that direction by buying and selling at that and when more buying happens, then we get to see increase in price. |
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I could research on my own but i would rather narrow down my research time through you guys. Thank you.
Although, I have not read any book on trading but I belief by default, what they will preach is to know the risks involved, not to put more than you can afford to lose and how to identify the right coins to buy couple with reputable sites to carry out the trading activities but all this will defy common sense especially the one about identifying the right coins because of the pump and dump groups that will manipulate prices and people will still make money. The forum is enough in my own case here to know Ines that have the potentials and one that doesn't. |
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The first mistake anyone can make is putting money into bitcoin primarily because he believe by tomorrow it will start increasing and by next three months my $2000$ worth BTC would have turn into 6000$ just by holding without really understanding the basic way on how the whole system works which will lead to frustration and panic selling like the case of Op. On the otherhand there is nothing wrong in holding but if you can take your mind of it, then say next three years, that would have turn out something really good.
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Its only a matter of time before the market cap of PayPal will be surpassed and the same way Gold was relegated to the background and I think this is what is giving bitcoin the attention from the former CTO of PayPal that I read earlier on his he tried to compare the two and its also a further test of the confidence we all have in bitcoin and that competitors cannot continue to ignore the presence of bitcoin in the financial space as denial at this time will be a wrong decision to be made. |
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Its only a matter of time before the market cap of PayPal will be surpassed and the same way Gold was relegated to the background and I think this is what is giving bitcoin the attention from the former CTO of PayPal that I read earlier on his he tried to compare the two and its also a further test of the confidence we all have in bitcoin and that competitors cannot continue to ignore the presence of bitcoin in the financial space as denial at this time will be a wrong decision to be made. |
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A private Swiss bank is expanding a digital asset management service it launched earlier this summer to include new cryptocurrencies. Falcon Private Bank, as previously reported by CoinDesk, revealed that it would allow its customers to buy and hold bitcoin within their accounts through a partnership with brokerage service Bitcoin Suisse. The launch was said to come after consultations with Swiss regulators, including the Swiss Financial Market Supervisory Authority (FINMA). Now, that product line is expanding to include ether, litecoin and bitcoin cash. Customers of the bank will be able to start buying and holding those cryptocurrencies from August 22, according to today's announcement. It’s a notable development, given that the initial service was brought online just over a month ago, marking the first time a traditional bank has moved to offer cryptocurrency services to its clients. As of last year, Falcon Private Bank had more than $14 billion in assets under its control. "Falcon Private Bank was the first bank to offer bitcoin directly to its clients, and thus created history," Bitcoin Suisse CEO Niklas Nikolajsen said in a statement. "Their decision to follow up by adding ether as well as other crypto-assets has made them the go-to private bank for crypto-asset holders and investors." At the time of its bitcoin service launch, Falcon also moved to install a bitcoin ATM in its Zurich headquarters. https://www.coindesk.com/swiss-bank-to-sell-ether-and-bitcoin-cash-to-customers/?utm_content=buffer965a2&utm_medium=social&utm_source=twitter.com&utm_campaign=bufferIf they are increasing their investment in the cryto market and thereby increasing the awareness of the crypto which mostly revolve around bitcoin, then I don't have any issue but selling Bitcoin cash to clients without even waiting a while to understand how far it will go is what I have issues with because a lot of innocent citizens might be deceived thinking they are buying bitcoin and unfortunately if they lose, they then assume its bitcoin making them lose money. |
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I called around some stores to see if they accept BTC, no one has even heard of it except like 0.1% of people. Wait till people actually find out this exists...
Its true that a lot of people have not heard about it. Even here where I work, people who are even educated with unlimited access to the internet still don't know anything about bitcoin not to talk of the traders or stores down the street who deal mainly with cash and the phone he uses is just to make and receive calls in addition to sending text messages and that's all about it. |
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5k will have a massive sell off but it won't be until 5100-5300 if it follows the previous huge moves in the past. I'll try to sell right at the top and hope for a huge correction just after I do!
Even with 5k a lot of speculators will even start coming in with the believe that for it to reach this level of 5k then its going higher which is what will continue to happen in the crypto world and I don't see that stopping anytime soon, The time to sell will be decided on an individual basis and most times based on needs because I don't think I will sell my entire portfolio when I really need just $100 dollars to meet my need at the moment. |
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https://www.coindesk.com/45-million-ukrainian-lawmakers-reveal-big-bitcoin-holdings/Recent disclosures by members of Ukraine's national legislature revealed that three lawmakers have a combined wealth in bitcoin of more than $45 million.
According to a report from RIA Novosti, Russia's international news service, the three lawmakers are all members of the "Petro Poroshenko Block," which constitutes the largest grouping of legislators within the Parliament.
Of the three named by the report, Dmitry Golubov possesses the most bitcoin: 8,752 BTC, an amount worth roughly $36 million at current prices. Alexander Urbansky possesses 2,494 BTC while Dmitry Belotserkovets owns 398 BTC, worth approximately $10 million and $1.6 million, respectively.
The disclosures come as Ukraine inches toward regulating the cryptocurrency. I wouldn't be surprised if leaders of all developing countries held bitcoin - it's the one asset that can't be frozen if you get tossed out and need to run... I don't think there is any wrong in keeping money as an investment and at the same time believing in bitcoin early,. If this can be confirmed that they bought in the time of cheap coins where you can have that much with minimal amount then there is nothing wrong afterall a lot of us still blame ourselves for not believing in bitcoin early and ruminates on how rich we would have been if we had done something similar to what those guys must have done at the time. |
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Dear all
Yesterday i sent 0.036 BTC from my electrum wallet to my localbitcoins account.Electrum wallet showed me automatically a fee of 0.0003 BTC.I adjusted it to 0.0005 BTC.Already 24 hours gone,still transaction was not confirmed.Some times,it shows 84 hrs to get confirmed,then 6 hrs,then again 84hrs then again 20 minutes,then again 84 hrs.I clearly understand that the miners are not showing any interest in confirming my transaction.Now today,i sent another 0.0112 BTC again with a transaction fee of 0.0003BTC.Four hours gone,still showing 84 hrs for confirmation.I am in desperate need of money now.Now,i just have a question that what's the use oPre-activating segwit and increasing block size then?So,what i understand is that miners think "You all do whatever you wish,activate segwit or not,we are the only authorised people to decide what the transaction fee should be"
I think i have catched their mind voice correctly.Just i want to know what you all people think about this? Is segwit activation then just an eye wash?
Thank you for coming up with this because I mself have been asking the same question if there would be any difference to fees. Although, I cannot convert it accurately in dollar equivalent but if it has reduced from the one being paid during the Pre-August 1 era, then its better of otherwise, the August 1 issue is just another of those noises. But at the same time, based on understanding, August 1 should increase the block size which should then reduce the fees but let's still hope SegWit will live up to the expectations of many of us. |
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Bill Gates stated that the Bitcoin is the future and that it is better than currency. Would you assume that his statement (as one of the many reasons) added value on Bitcoin which made it stronger and more stable in the system?  Bill Gates is entitled to his opinion and also to share his thoughts so also several others of people that have spoken in their personal capacity but unfortunately that will not happen of something's are not put in place and the question to ask is, what is he doing to ensure that future is achieved? Because as the richest man in the world, he certainly does have the ears of people that matter in the world political space. |
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Do you believe the FBI holds the biggest number of bitcoin? How would we know? How certain are they? We can't tell because nobody/no one would say how many bitcoins he/she has on his/her hands  The possibility of this happening is very much high because with the amount of hiest that we have read alone is alone to go that believe, not to talk of the myriad of several small confiscations that would have happened but because its not big enough, it does not get the media attention and because of the fear of prosecution, then the owners are left with no option then to forget about such stash of btc with the FBI. |
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I think you were too lenient for you to have waited that long, you deserve some explanation no matter how busy he is and that's a call for concern and I guess the next thing is to open a scam accusation thread with relevant evidences by that, when reputable members see that, they can either call his attention to it, or get his explanation on the whole matter all together because a month and one week is a long wait for response.
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I actually don't see any discrimination on the use of bitcoin even judging by the people of the forum which cuts across several age groups from teens, to youth and then to adults there are no discrimination. The only discrimination between the users and non-users here is ignorance which something that can be broken with gathering the right information and asking the right question and then bitcoin can equally be available to every level of the society.
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Which country would be the first to eliminate fiat and convert to crypto fully? My guess is China...
I don't see any country doing that not now or in the future at least not adopting bitcoin because it will mean abandoning their identity, culture and heritage and that's what currency of a country represents and not just as a medium of exchange. If China should abandon fiat as you have proposed, then they should also force other countries to accept for their international trade which is most likely impossible to achieve and the moment one country currency is not acceptable for international trade, then it begins to lose value. |
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You should always gamble for fun. As soon as you become a profit seeking gambler you risk becoming a problem gambler. Gambling to cover previous losses, which only gets you into bigger problems.
There is no gambling for fun in my own dictionary and I don't think anybody should because what is the fun in losing your hard earned money on a site waiting to devour you. No then we go there and try our best to win so far we are not robbed then no issue. Whether will become an addict gambler because of not gambling for profit, is another discussion in which case is not even proven as we have several people that gamble seriously and never slide into addiction. |
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The question is quite simple one, have you ever regretted not gambling on an occasion? Like football matches etc, where you had a gut feeling of a team wining but you didn't bet? This happened with me in the recent el classico, i had a gut feeling of Real Madrid winning 3-1 but i just didn't bet. Smdh
This has happened to me several times and most times, its either I forget or I don't know about the match before it starts and when that happens, I just tell myself " Team A will win and when they do, I blame myself as to the imaginary amount I wound have won, if I had gone in for the game and put like my entire money on it". But this is only happening in football while other forms of gambling, I don't have any regret. |
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