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Nothing is too big to fail. If you had a world history course during your time in university or college then you have learned about the rise and fall of the different civilizations in the different regions of the world.
Enjoy the bull market now while it lasts.
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Why are so many afraid of a long bear market?
Sure, BTC may lose value over a prolonged timeframe, but how is that different from, say, gold losing value or stock market indizes? Even with traditional assets you have to be prepared to potentially hold them for 5-10 years in case of prolonged market losses. It's not like BTC's fundamentals change just because its market price stops growing for while.
Markets boom and markets bust. It's the cycle of life ˜ ˜ ˜
For some investors the fiat trapped in Bitcoin during a bear market could be better invested somewhere else. Too much time is wasted when you invest in something in long bear markets. We do not stay young forever. Before you reach 60, how many boom and busts cycle are there, 5 at most? |
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It is possible if you have experience in day trading, if that strategy suits you and your skill set and most importantly if you have enough money to "weather the storm".
If you are new to trading, stick to buying the dip and hold. It works better in my experience.
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What are the Chances of a Crypto Winter? If everything stays the same after the hard fork on November and Segwit2x becomes the altcoin. Low chance. Do you really believe that the market will suddenly crash so low and stay there to cause a "crypto winter" right now? Bitcoin keeps breaking new highs. If some of you are looking for a sign if we are "going to the moon" or not, it is right there in front of you. $5900 = 1 Bitcoin. |
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It is the community, and consequently the market, who decides which chain is "Bitcoin" and which is the most valuable. But the Segwit2x/btc1 supporters are arguing that the chain with the most hash rate is the real "Bitcoin".
But we will see on November. I believe Segwit2x will be Bitcoin's biggest ordeal.
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News coming out of Japan has it that authorities in that country are considering a ban on ICO’s. How would this Action impact on the prospect of Bitcoin and other cryptos globally.
Always share the source of the news. Thanks. As for the ban on ICOs, they should in my opinion. They are becoming a means for scamming the people of the community. I know some of you have made some Bitcoins by buying and dumping them but what about the losers in the trade? I hope a ban will impact Bitcoin positively because of less competition in the market. But if a ban cannot be implemented, they should at worst regulate it. |
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Have you ever used one? What were the fees and the experience like, and would you use one again? Is there one nearby where you live?
I have not used one and I heard that the price is a lot higher than regular exchanges and sometimes than Localbitcoins. I believe the BTM business model is not that feasible and a better way to go about it is to keep all transactions online by having a website/exchange that accepts debit cards and OTC deposits. Maintenance costs will be lower and you will have minimal hardware upkeep which can be an inconvenience. |
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Btctalk name: Wind_FURY
Rank: Hero Member
Current post count: 2168
BTC Address: 1NiYHbAwiccJ1kHgdwoKVt6vst2bXyHV42
ETH address(non exchange): 0xcb260A7EC293Fc1FdA54101119Ce7BD0771c748e
Wear appropriate signature: Yes
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When people start saying that "x is dying", that is the best time to start window shopping for cheap coins and start buying the dip. The strategy has worked like a charm in my experience, in Bitcoin at least.
But I am still in the process of looking for an altcoin to invest in, though I have not seen anything that I liked yet. I want an altcoin that has a positive correlation with Bitcoin's price moves, or flat at worst.
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Can bitcoin fall 2000$ before 2018?
I am logical . possible Because it can not control the dump of bitcoin if it comes
But by look at the Most comments bitcointalk.org . No
What is logical about saying that it can fall to $2000 before the end of 2017? Bitcoin is at an all time high and there are no signs that it will slow down at the moment. It is therefore more logical to say that it is on its way to $10,000 than to say that it will fall back to $2000. So if you missed the train, sorry. |
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The OP and the replies after it visibly do not know what Bitcoin actually is. Bitcoin does NOT need a headquarters. Core does not need one and even the defunct Bitcoin Foundation does not need one. Bitcoin is not like any other fiat currency you hold in your bank. It is data proven to have existed and immutable. OP, go back to the basics and read this, https://bitcoin.org/en/developer-documentation. |
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The payments were delayed because I was not holding any funds for this campaign. Anyway, we are planning to resume the signature campaign very soon as graft-project has already stated above. Do keep an eye on it guys.
No problem Edwardard. Thanks, and thanks to the graft-project too. |
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Will bitcoin overtake gold’s place?
It might be the case investors and adopters will use both gold and bitcoin, revealing either/or debates to be more about blackening bitcoin’s reputation than substantial analysis. Legacy banks usually prefer status quo to radical innovation.
Are you hedging in preference to bitcoin over gold?
It is unlikely that bitcoin will take over gold because the value of currency of a country is based on gold. The more gold you have on reserve the higher the value of the currency is. Don't you know that most of the countries are not using the gold standard anymore? That age has passed but some countries still do have gold reserves and use them as a hedge against the US Dollar. But that does not mean their currency's value will be higher the more gold they have stored. And one of the best characteristics about gold is that it never days and its value almost never decreases. As for bitcoin its value is very volatile it can go from &5000 a coin to $3000 in just minutes depending on the situation, but don't think that being volatile is a bad thing because just like what happened recently that bitcoin price has skyrocketed and many have earned huge amounts of money after they have bought bitcoin even though there is a fud by china. So it really depends on how it is manage and invested and by whom is investing in it. for governments gold is the better option and for companies and individuals bitcoin is better.
Gold is traded in markets around the world, of course its value also goes down. Check the price per ounce of gold today and compare it with Bitcoin per coin. https://www.bloomberg.com/quote/XAU:CURhttps://www.cryptocoinsnews.com/bitcoin-price/Set the charts to a 5 year time frame. Which would you buy? |
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USV’s Fred Wilson Dismisses Bitcoin Crash Prediction, Explains Optimal Crypto Holdings for Investors https://www.cryptocoinsnews.com/usvs-fred-wilson-explains-how-much-each-type-of-investor-should-put-in-cryptocurrencies/a young, aggressive risk taker should get 10% of his net worth in crypto assets, while a sophisticated investor, who might not be such a risk taker, should go with 5%:
Conservative, everyday investors, who are willing to take on some risk, should go with 3%, and investors at their retirement age shouldn’t invest in cryptocurrencies. You agree? What % of your net worth is in cryptos? I mostly agree but it would also depend on the person. I use 20% of my salary to buy Bitcoin monthly, and I have used the same 20% of my savings from before I started "Bitcoining". 10% is safe and works if you have millions of dollars for a person who wants to make more quicker, you have to take more risks. |
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I think that right now bitcoin is used about:
80% for trading on exchanges
5% online transactions as in sending money (including payments for services)
2% for shopping in physical stores, paying for tickets etc
and for the last 10% , ...scams.
How much percentage would you put on the more illegal activities like the buying and selling of drugs in the dark markets, money laundering, unlicensed gambling and ransomware payment demands? I believe illegal activities are around 60% of Bitcoin's usage. |
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Thanks Edwardard, but are the payments delayed?
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The patches are out everyone. You should install them before the automated tools for this vulnerability comes online. I read that all operating systems should install the patches while routers are optional. But it is still recommended to update their firmware.
Pass the word around the forum. This is especially important for cryptocurrency users.
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Day trading is very risky. I mean, I know a decent amount of TA, but in crypto TA is just useful on a short scale. Crypto is influenced by rumors, hence the saying "buy the rumor, sell the news". Trading analysis has little against a teenager with a lot of time that coordinates a fud attack on a particular coin (albeit, we're talking about smaller caps). I use TA for big coins, looking for entry points.
If you have not noticed, technical analysis in Bitcoin does not work in the same way as stocks or commodities. Bitcoin follows its own sets of rules, and I believe some call it the "permabull" or the "honey badger", because it keeps going up. Even Wall Street bankers are left puzzled by it, |
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