Can you actually make a good living trading for btc? What is a good amount of btc to have to trade on paxful? I always buy and think to myself that it must be nice to sit back, make a trade, and make 17%

it is quite fun to see big whales being trolling the leverage noob player..

As fast as it looks like there is a pump ahead, these fishes gamble enourmous amounts of Btc going long... It raises and once raised they put double the amount they put going long..

But that game locks by itself, there is always someone who put the long order before you and closes it.. Then dumps the price, if many do it at the same time: price tanks.

But what is funny is to see when all these fishes go complete crazy and sets 70%+ orders in long.. Then do you know what is only needed for you to lose? Whales across all exchanges (exchanges itself) see the situation  and say.. With a 10k Btc dump we get rid of all these buy orders and we get hundreds of bitcoins doing it.. Lets dump overnight and in some minutes so these degens wake up empty..  

Its quite annoying to see these days noobs triying to get rich by using leverage on crypto rallies.. If you want to gamble go to a sportbook instead..

I just saw on news that three bitcoin ATM have been installed in Vietnam. I though there is only couple such ATMs somewhere in States, but I found out that there are already 60 bitcoin ATM from over the world! If this ATMs work without fees that online wallets takes than I wish one would appear in my city as well.

In the end, the regulations will only cause price increases due to fees, restrictions, etc. Bitcoin will be harder to get, thus people will pay more.

Hi Everybody,

I am an university student and for my organizational behaviour course I need some data about the bitcoin community. There is already the well done survey by Simulacrum that you can find here: http://simulacrum.cc/2013/03/04/the-demographics-of-bitcoin-part-1-updated/ but it's 4 years old, so I'd like to do a new one.

As the Simulacrum survey has been used by journalists/academics I am asking the same questions (plus some new) in order to have comparable results between the year.

After some time I will publish all the results so everybody will be able to use them for free.

So, thanks to everyone who will be so kind to answer, you are helping the whole bitcoin community  

Here's the link: https://docs.google.com/forms/d/e/1FAIpQLSeR8CrlR-x-dV8_vBDLq17BHdoJc7EAaL5ban-i7dXx6a32bA/viewform

So in the build up to the Trump inauguration, we might see some investors hedging their wealth in commodities. Bitcoin has been very volatile the last few weeks. Do you think these investors will still use Bitcoin as a possible safe-heaven or would they rather turn to traditional safe-heavens like Gold?

Do you think this event would influence investors to move towards Bitcoin or Gold? How much would the final decision from the SEC on their long-proposed bitcoin exchange-traded fund (ETF) hamper the investment in Bitcoin by serious investors?

Give your view on this? 

what's it mean : "Chinese Bitcoin Exchanges Stop Futures and Margin Trading

what happen for bitcoin price after this news???
Chinese Bitcoin Exchanges Stop Futures and Margin Trading for Citizens

https://www.cryptocoinsnews.com/chinese-exchanges-stop-futures-and-margin-trading-for-chinese-citizens/

" Eight men have the same wealth as 3.6 billion of the world's poorest people..... "

It is time for the rich people of the world to gather in Davos-Klosters, Switzerland from 17-20 January 2017. The Chinese president Xi Jinping will also attend this meeting. During this meeting < expensive food & leisure accommodation >   a lot of hot topics will be discussed, like the struggling/dying middle class and unbalanced distribution of wealth.

I was just wondering if Bitcoin as a possible solution to this problem, should be discussed at these meeting. Bitcoin can solve the problem with the billions of unbanked people and high banking fees and also distribution of wealth via micro tasks/payments.

Would this once again, be a platform to make empty promises, where rich people gather to wine and dine at the expense of the poor?

https://www.weforum.org/events/world-economic-forum-annual-meeting-2017/programme

Share your views on this matter please. ^smile^  

Just a couple of weeks ago bitcoin was blasting over $1000, so I am wondering if anyone made big money by selling their BTC? Now it has came down to $830, even if last week it was close to $900, so I am not seeing getting back to $1000 anytime soon. Any profits or regrets here? 

Hello guys,

Just wanted to know your allocations and outlook for your cryptocurrency investment portfolio. For example, do you hold 100% BTC with a long-term outlook in the next years to decades? Or are you holding some altcoins with an outlook of 3-9 months? Currently I hold over half in BTC, 35% or so in Iconomi, and the rest in XMR.

Block chain technology is amazing to use for bitcoin transaction, bitcoin is one of the commodity which become popular by using block chain technology, why don't government start using same technology in order to mine fiat currency also.

Undermined bitcoin's usefulness as currencies will undermined its value too. Bitcoin is not even a digital silvers, oil and gold but currencies. http://www.coindesk.com/israel-may-gearing-tax-bitcoin-kind-property/

Bitcoin has created a vast mining sector within the network’s economy that is growing exponentially. Mining bitcoin has spread the technology towards new thoughts concerning energy consumption, ways to utilize bitcoin mining’s heat source, greener energy solutions and more.

As it stands today, the Bitcoin mining sector is robust with computations faster than the world’s top 500 supercomputers combined. The global bitcoin mining economy consumes nearly $500 million in electrical and operational costs. Moreover, it’s estimated the bitcoin network could use as much electricity as Denmark by the year 2020. It’s safe to say securing the bitcoin network through mining is costly and consumes a lot of energy, but may offer a myriad of other benefits to the equation.

https://news.bitcoin.com/bitcoin-mining-power-growing-bigger-but-greener/

So The Central Bank of China shit talks Bitcoin and the price drops. I think that is BS, but we can fight fire with fire.

 I would urge every forum member to take the time and explain to a business owner the obvious benefit of accepting bitcoin.
 I mean communication is what is taking the price down a BS Bitcoin Polemic from the East. Well we can use the Internet and especially or daily purchases to make a positive impact on Bitcoin.

A Government that adopts bitcoin as currency, is saving it's self hundreds for millions of dollars in coining and engraving costs. For business, a virtual currency that has no "gate fee's" associated with the vendor receipt of funds.  Instead you have the consumer paying for the use of the virtual system at the time of receipt of the Bitcoin. Not to mention that a convenience store that accepts Bitcoin, will not be a target for robbers any longer. How could the businesses of the world over look the obvious value of Bitcoin. Lastly, unlike the dollar Bitcoin is volatile, it has  great potential to go up and down making it an investment vehicle. Something the US Dollar would never be good for.
  I grant you that Bitcoin does have the ability to make significant drops. However it's history shows a steady and continued pattern upwards. As more countries and businesses accept Bitcoin, the more it's value will grow, in spite of periodic sharp drops.

So, get out there and make some noise of our own. It cost nothing, just take a few minutes of free time. We can effect the market, BUT, it will take all of us to make that change and to prevail against more powerful voices.  Remember, your not selling anything to the business your pitching Bitcoin to, that should be enough to get you heard. Then they are going to want to know about exchange safe storage, etc... So your may be finding that you become a consultant, helping business integrate BTC in their local economy. A Grass Roots effort, will prevail.

possible bitcoin prices affect the world economy?
such as the high price of bitcoin again, if the price of the price of basic commodities will go up?

give your opinion?

in the year 2016 we've seen a lot of change regarding with bitcoin's price value and the market capitalization but I just found out that bitcoin is not the only crypto currency who had made a great change, there are alternate crypto currencies who are also becoming progressive and still innovating I guess . and it seems Monero had changed a lot . take a look to its new price and the year ending market capitalization (http://www.coindesk.com/not-just-bitcoin-the-top-7-cryptocurrencies-all-gained-in-2016/)

Like that monero rocks. In the early 2016 ethereum was the favorite altoin for many traders but monero has take a head, It is very surprising because in the earlier months i've seen monero it only has a little value on the market but still many people are usung it maybe that's the reason why it has raised and made a lot of change . Monero has also a lot of great feature .

   

Many have mentioned that BTC is now used as a way for smart Chinese to transfer their money out of China as the Chinese RMB is continuing its devaluation systematically, is this enough to sustain the needs of BTC price growth?

I also think that many have made valid points that the price growth, if true, has been largely based on money transfer but very little life real case of e commerce and what not, is this unhealthy?

Looks like the SWISS banking system will no longer be a tax haven from respective governments.

http://www.swissinfo.ch/eng/business/tax-evasion_swiss-say-goodbye-to-banking-secrecy-/42799134

Those with huge cash stores will need some other new store of value.

Wonder what that could be?  BTC