Short-term trading is not my thing. Tried it a few times and in most cases, I have waited too long, or panic sold. For now just hodling a little of Bitcoin and EOS, hopefuly, I'll get myself a bit of ETH to hodl. The rest of alts in my portfolio are waiting for market to recover ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) At least you are being honest and admitted that day trading is not your forte, your tried didn't turn our right and the end. I believed that most of us here just prefer to hold because of less headaches but you need to have a lot of mental strength to hold and not panic if the market is going down. As for the classic Bitcoin vs Ethereum, as to what is more profitable, for me its both. Its just how you are going to play your cards here. Both are really good for long term hold. The opportunity is already there, you just have to learn how to take advantage of this opportunity when it presents itself, IMHO.
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When bitcoin price down, Automatically BTC dominance rise and Altcoin dominance lower When BTC price going up, BTC dominance going down, I think this happens due to the whole market capacity What is your opinion guys
Your assumptions maybe right but the questions remains, is bitcoin dominance as good metric to see the overall sentiments of the market? I would say no because we all know that altcoins are manipulated. So it doesn't mean that when altcoins are dominating the market, it doesn't mean that investors are really pouring their cash on it. These altcoins aren't taking the "dominance" from bitcoin because heavily pumped. Maybe we can come up with a good gauge to measure's this so called bitcoin's dominance, but if you are just looking at coinmarketcap and see bitcoin's %, then we should come up with a good measurement I supposed.
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Bitcoin has had a tough time BUT we are now on the verge of victory! Bitcoin is positioned to MOON: It is the perfect storm!
LOL. Why do you say that bitcoin is going to the moon? Just because we are having sort of a rally? But it doesn't mean anything unless we get to 5 digit and then we can discussed it. So let's see if bitcoin can go to $8000-$10000 otherwise it might be another bull trap. But its really nice seeing thread with the title "Bitcoin to the moon, or Bitcoin going to the moon". ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . Just don't be too excited, its too early to call so let's just enjoy the ride and hope that you are right about it.
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Not exactly I think. Yes, maybe because Switzerland is a neutral nation in any global affairs. But in Europe, I think it's Russia, while in Asia it would Japan, Hongkong and/or Singapore where usage of Bitcoin and other currencies is legal and tax-free.
LOL. Why do you think that Russia will be a good place to launch ICO? Again, their contradictory statements really shows that they appreciate crypto as everything thinks. I would agree that Switzerland would be once of the best country right now, together with Malta and even Singapore. I see some ICO that I'm looking at in the past couple of days has a HQ in Singapore and others in Switzerland while Malta is very friendly as evident of Binance and OKex moving there. They even passed 3 blockchain law recently which proves that they will be one of the hottest crypto hubs in the next couple of years.
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I've read an article in the internet that cryptocurrency exchange is growing in number. As of now the number of exchange is already about 500 and counting. Other countries are now creating their very own exchange, does this means that cryptocurrencies is being acknowledged better now than ever before? And if it does, does having more exchange could greatly affect the prices of cryptocurrencies?
Yeah not only international exchanges are getting bigger but also local exchnages and I think this is the sign of good and bright future of cryptocurrency all over the world there are some investors open new exchanges to broaden and help traders to buy and sell assets. Maybe it can affect but for me the battle of fees will be there and of course more liquidity for newly born tokens and coins available on the market today and for the next generations. I'm assuming that the local exchanges you are saying is in the Philippines right? Because I read that they have plans to open 20+ for now and then 60 in the next coming years. That's a lot of local exchanges. Even locals coins.ph now have its own trading platform so everything looks good in the Philippines. In a wider perspective, it only means that there's recognition that bitcoin and crpyto will really exploded in the next 5 years or so because of the continuous growth of crypto money. People now finds crypto a safe haven for their money investment wise or even grow their money doing trading. However, competition will be tough in this area, because some well known exchanges have a good head start and those planning to enter the field will have their hands full on how to get some slice on that big pie, a multi-billion dollar industry.
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Keep wondering if bitcoin will stay above above 6k,whats your opinion?
probably yes because it's been how many days and until now the growth rate is still keep holding on this stage and it's showed already a little bit progress which perhaps a sign it will increase more soon instead of decreasing . Yeah, this thread was opened when bitcoin price fluctuating between $5800-$6000 so I wouldn't be surprised about the earlier replies saying that it might not stay because of the selling pressure. However, since the start of the week, bitcoin seems to be rallying and even touches $6700 on some exchanges so I guess the sentiments has made a U-turn and we might see the price attempting to go $7000 if the consolidation is strong. So I will say that resistance $6000 or below is strong and hope that this sort of rally will be a good indication and motivation for more investors to come in at this point and set the bar at $7000 and then let's see how it goes.
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How does the blockchain technology apply to the real world service? If I would like to have a blockchain technology on a supply chain service, which means under this technology, each block contains all the logistics information like storing a transaction from Singapore to Hong Kong right? So then it is just act like a database but just public can view it? then why should I necessary to develop such a service on blockchain but not continue using centralized database technology, only allow permission for beneficial stakeholders?
Please correct me as I am having a very messy concept on this topic right now.... Thank you~!
If a logistics or a supply chain company will adopt and used blockchain technology, it might not be public, it will be privately control by the company itself. And yes you are right that is like a database of sort. The main difference though is that Database can be manipulated while once the block is written it can't be altered. So it prevents creating duplicates and data is validated instantly. Another advantage is again since data can't be altered, so it allows the traceability of data from the front end up to the release of the product so its tamper proof guaranteeing the integrity of the product itself.
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With over 60 applications, I think that the issuance of only 25 licenses would not suffice. Although this is already big step for the Philippines towards the crypto scene. Baby steps first. Perhaps in the near future after seeing the success that crypto exchanges would bring, it may be realized that more licenses should be issued. Philippines has been neutral for long so this regulation they have made would allow investors and many crypto users in the country to have more opportunities. In fact, the fintech industry have been slowly growing. It’s becoming a trend in the PH now, I think.
But don't you think that coins.ph has been monopolizing trading exchanges(which some minor players) in the last couple of years that 25 licenses would not be enough? I think for now it will suffice not unless the Philippines really took off and people all over getting crazy about it. But I agree that Philippines is really taking a slow steps towards crypto adoption which might result in the economy having positive gains because Filipinos will have more purchasing power because of crypto profits.
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there was a benass, because it was convenient. but after a recent hacking api keys I'm afraid to keep balance, maybe not only through api hack
You talking about Binance? Yes, they were hacked previously but it wasn't successful as they halted the withdrawal once that's red flag is all over on the trading floor. It means they are on top of the situation and I believed they caught it during the hacked, that's why they're able to stop it real-time and the good part is that no money was lost, except for the hackers. I suggest you go and search for the facts. So it is still convenient to trade in Binance because they have proven already why they are the # 1 trading platform right now. I also like OKEx, although tokens are very limited unlike HitBTC or ED, I find the exchange very trusted and so far so good for me. No withdrawal issues whatsoever.
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Bitcoin price is falling. So what?
Bitcoin is slowly recovering in the past couple of days. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Are we going to panic? Are we going to be scared? Are we going to seek answers that nobody can answer? If you are reading this thread, then you want some clarifications. Of what? You want to feel relieved? No one can be sure as to when the price will go up again. But hey, we have been supporting bitcoin for a long time, right? Then why do we not support it in its downs? Why do we not be positive and optimistic? Why do we not spread positive vibes so people can be at ease and do another activity? Why do we always stressing ourselves with checking the price everyday? If we cannot support Bitcoin in its down, then why we support it in its ups?
Good people, let us stop getting frightened about this fall. If you truly believe in Bitcoin, then the price surely will go up. It is just a matter of patience.
Those who panicked doesn't have a slight idea as to how this market works. Maybe they are investors who enter because some of their friends told them to do so. I'm sure that its a very familiar scenario, people ask you where you get your money, you tell them, imitate you thinking that they will have the same success as yours (specially last December). But then the bearish sentiments takes over, they ask for your help, but instead they didn't to sell got a lost and then blame you. You give them everything and try to help but they didn't understand that this market is not for the faint of heart and not a quick rich scheme. But for most of us, this is a opportunity to get in while the price is cheap and stick thru thick and thin. Yes, we all know that sooner or later it will make a comeback and everything will be back to normal.
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How high Bitcoin rises is the biggest question during December 2017 but after an extreme downturn, investors and traders expect analysts' predictions to turn into reality. Predictions by analysts such as Tim Draper who confirm Bitcoin will reach $ 250,000 in 2022 appear in Interview with thestreet.com to discuss Bitcoin and its future.
What do you think? do you believe? give the reason
There will be a lot of challenges in the future that's for sure, many stops, humps that we need to overcome. But the big question is what year do we really hit that $250,000K. 2022 is like 4 years from now so plenty of room to and anything can happen at that time frame. I do believed that it can happen in the future, perhaps it bitcoin can prove itself for being so resilient and became the number 1 investment instrument, that gold enthusiast decided to dump it and move everything in crypto as a hedge or a country itself investing in bitcoin then we might see one day that bitcoin can get that far or even higher as predicted by Tim Draper. So exciting times ahead. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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This year there have been many changes in the rules of the bounty companies. In some countries, the ICO was banned. The price of the main crypto currencies is very unstable. To participate in bounty companies, special programs of bots are created. Do you think there will be an opportunity to earn from the bounty in 2020?
I speculate that the market might be saturated at that time. Actually ICO's now are just a copy-cat of other projects, some just put a little spin on and call it their own. So pretty much everything has been created and there might be a time when the market cannot move forward anymore causing bounties to not give the opportunity that you are looking for in 2020. Plus the market is slowly maturating as well, investors no longer looking for a simply profit and go on the next ICO's that can possibly give them huge money. Perhaps ICO's that are going to survived and live long tend to be very useful after all.
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I made a x5 on selfkey at the weekend and looking for other coins to invest in for medium term I think I may have found one but its not on the major exchanges so I need to create a new account with an exchange it has to be yobit or Hitbtc. Hitbtc looks like a nicer site but my main concern is scams and been able to withdraw btc if I make a profit I have red bad things about yobit in this regard what are peoples experience with them are they trust worthy and what are their fees like
Thanks all
Experience wise, I would prefer HitBTC over Yobit anytime of the day. https://support.hitbtc.com/hc/en-us/articles/115005148605-What-are-withdrawal-fees- What are withdrawal fees?
The full list of withdrawal fees is available in your Account. Here follows the brief overview on some of our fees for popular currencies.
BTC: 0.001 BTC ETH:0.00958 ETH ETC: 0.002 ETC USDT: 100 USDT STRAT: 0.01 STRAT LTC: 0.003 LTC DASH: 0.03 DASH XMR: 0.09 XMR BCN: 0.1 BCN ARDR: 1 ARDR STEEM: 0.01 STEEM
So fees are very expensive. I haven't had problems withdrawing in HitBTC though, bitcoins, altcoins and other tokens. As for Yobit, I totally forgot about them. LOL. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . Last time I checked they also have ridiculous fees.
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Bruno + Fraud_Investigation would be an awesome team to exposed those scams ICO and literally save thousands if not millions of hard earn money pouring on scam projects right now. And your extensive background could be an asset in this forum and you should call out projects as early as you have the suspicions and the proofs to back it up because most of the time, its really too late and the scammers already took off with investors money.
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Malta has been working for some time on this, and I'm glad they're finally become “Blockchain Island”. No doubt this will will attract many foreign investors in the country, some of them are already there like Binance exchange which has great plans for their company.
Correct, they started this about a few years ago and never look back eventhough that there's a lot of negativity towards crypto and bitcoin in particular. Maybe this island saw that they can really take advantage of being involved in crypto unlike other country which is totally against it. Binance and OKEx already move in Malta paving the way for other crypto exchange under government pressure to follow suit as well. This will also be good test for others EU countries, since Malta is very small island all the advantages and possible disadvantages will be clearly visible. I think other countries should also go in this direction, it does not make sense to fight against emerging technologies-the future knocks on the door and that door should be wide open.
I'm not sure though about other EU countries, but I'm sure that its on their radar and perhaps looking at how Malta will take advantage and even make their economy turn for the better. Let's see how it goes in the future.
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If this inverse head and shoulders plays out we could be revisiting 8k. After that it is likely that we will continue the downtrend and make a new low (looking at 5400-5600) and bounce again.
I was looking at small baby steps here. Perhaps $7000K will be realistic before jumping to the range like $8000-$10,000. IF this trend continue then we might be seeing a start of a bull run. Its really a good sign because and just hope that this is not just a artificial pump otherwise we all know what's gonna happen next. As for the FOMO, this might be want they are looking for so some of them are already riding the hype train. But as @BrewMaster, said, we prefer a steady growth and I don't like them to wreck this solid increase that we are witnessing.
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I foresee it coming, it keeps on ringing in my ears with series of flashbacks. It will happen like a speed of light in a vacuum. Most bitcoin holders will betray bitcoin one day, they will see no value in bitcoin again, they will dump bitcoin and call it all sort of name, with all these i know there will be holders who will follow bitcoin till death apart. They will hold on no matter how tough things will be for our mother coin.My question is which side will you be?. LONG LIVE CRYPTO, LONG LIVE BITCOIN.
Those selling bitcoin like a speed of light are traders who are not in for the long haul. But you have to understand that its how some investors play this game, they will sold off the minute they recognized the $$$ in their minds. And then rinse and repeat. But true holders will not make any adjustment because for them (us) bitcoin is a good investment specially if you are going to hold on it for long term. So I see no reason to whine about them, and you have to accept that fact as well and don't be emotional if you see them dumping bitcoins.
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I loved Dec. but now the bear cycle came down on us so fast like an elevator. So what does that mean for the near future are we taking the slower stairs back up for BTC?
I'm glad we had double-digit growth couple days ago, but now it's like so slow and not just busting through $9-$10k.. what the heck BTC.
What are your thoughts, elevator down and stairs up or not?
November and December was the best time for bitcoin,it had skyrocketed and already become a history,if this bermonths bitcoins price would start to fluctuate then most probably it is preparing for the next bull run that we all must witness. We are again a few months with this so called ber months, and last year we saw a significant growth and almost getting to the $20,000 range. However, last year was a different because there's so many positive news that really push the boundaries and no one has really expected that the price could move from $700>>> $19,000 in about a year. But at the start of the year, we went under the bears claw and up to know has been struggling to even go to the 5 digit mark. I'm very bullish about bitcoin, but I got this hunch that bitcoin will not be able to record another all-time-high because of so much pressure from the government around the world.
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Hmmm. Hard to say, it they have heard and still favors the RBI ban, what difference would be the next four petition? This is critical for the Indian crypto community because it seems that the Supreme court of India will totally be with RBI here. It will totally affected Indian investors and local Indian exchanges as I have read that there are estimated around $2 billion just coming from India alone. So let's just hope for the best.
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I have recently trying to open hitbtc but i am unable to open the web page. i tried from different devices and different vpn locations. was that a planned stuff or it goes with HITBTC reputation?
For anything related to crypto trading exchange, I suggest you follow their official twitter page: https://twitter.com/hitbtcSo to answer your query: HitBTC @hitbtc Jul 2
Update: Dear traders, due to a hardware fault on a hosting side you may experience problems in accessing your HitBTC account. Your funds are safe. We will post an update as soon as the failure is fixed.
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