In my opinion, it's always good to invest with digital currencies like Bitcoin and Ether. Both could be the best investment of your activities. But, Following the Segwit events on August 1, I think we should more care about ETH at least to being secured.
On the other hand, as Segwit now has big chances to be implemented successfully because of bip91 being locked in, ethereum is not having its best times with all these hacks and shows its disadvantages more than ever. That's why I suggest to wait till 1 of August and if Segwit gets activated - buy btc ASAP. If something goes wrong - buy ethereum (or litecoin).
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I think this equation is wrong. Just look at the first line to see that: "Divide BTC by Gold to get a value". Bitcoin's value has nothing to do with gold. It is fool demand and offer thing. Gold lives its own life. Even fiat nowadays is not backed up by gold. Ethereum is currently having big security problems and lots of shitty projects built on this platform. If in the future it deals with them then it may become as good as bitcoin.
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I see you guys writing that icos can't be stopped. Nobody can forbid them releasing new and shitty coins, that's true, but it is us who are actually responsible for the effects, for among us there are people who sort of know ICOs are not good as an investment and yet they can't resist the temptation to buy something and get rich. We have to ignore icos and they will die themselves. Or, who knows, one day we may really have a great coin released this way. ICOs are something we have to be formally tolerant with if we value freedom.
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This is more bad news. I wish these hackers would give Ethereum a break.
I think you are wrong. Hackers don't have to give a break. They are very annoying but useful people. They show the lack of security over and over again and one day it might stimulate Vitalik to do something about it. We have to respect hackers, for they are really smart people. It is the code that has to be unbreakable, not hackers not doing their job IMO.
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Hello,
I bought some eth a while ago and took my profit when it was ath. I was thinking about buying again when it tanked that low (relative). But now its back to 250... I couldn't buy when it was 140.. because my fund were 'locked' in other coins which I dint want to sell (with losses).
I deposited more fiat to Kraken... Buy now or will it tan again?
Kind regards
Buy as far as your extra money can go. And hold them. Etherium is still rising. Go for long term if I were you. It will give you much profit. But since you are also into some other coins, that is also better. Just follow the general rule, buy high sell low. Avoid selling coins with losses. Just wait for them to bounce back before selling. Don't worry, it will. I think the op should not buy ethereum, for the platform is not really safe. People lost lots of money because of eth-related issues. The price may go up, of course, but I don't think it will grow really high. At least I am quite sure the price will go down again in a month or so. And lol, you wrote the rule upside down. Buy high sell low sounds like the worst option possible.
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Byteball is a nice currency with its main opportunity of easily created smart contracts. Yet I think it is too expensive to start investing in it now. I would recommend the op not to invest in worthless new currencies, especially ICOs, but perhaps it is better to invest in a currency cheaper than byteball. As a very cheap option I advice dogecoin, which has big community, fast and safe code. A more expensive good option is litecoin. New coins are too risky to invest in.
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Geographically more than 50% of power is in China, but it does not belong to one person or organization.
Yes, that's what is really important. I think the question is actually about what we call a decentralization. If we mean no center whatsoever, then btc is not decentralized, because there is a geographical center, as the op stated. If we mean people, then it is a lot more complicated. Say, we know that different big mining farms belong to different people. But do we know they are not in some treaty, or that they are public people who represent one giant who prefers to be in the shadow? I believe not, but we can't really prove it. At least, bitcoin is more decentralized than any fiat and probably than any cryptocurrency as well, because it has the biggest marketcap and community.
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Hi everyone,just read over the internet that Bitcoin will not be split on 2 other coins, Is that true? What really will be happen ?
Youre already late my friend, activating the bip 91 prevented the chain split that wi happen this 1st of august. There are already a lot of news about this topic you can find them on the net. Yes, due to activation the split in not likely to happen now but I believe it may happen later, I read something about that on the Internet. At least, there are other more complicated things that have to be done. As stated on coindesk: "BIP 91 will activate at block 477,120. Theoretically, mining pools will start rejecting blocks that do not signal support for SegWit (BIP 141)." - if too many blocks are rejected, they form a different currency, right?
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I think bitcoin will not die. Many use bitcoin. The largest community of bitcoin spread all over the world. And bitcoin is the most popular coin among other coins. So I do not think maybe bitcoin will end and die.
I agree with you . Bitcoin will never die because it is using the most advanced blockchain platform in the world, even many banks want to use this technology. Bitcoin is the industrial revolution of cryptocurrency and is the future of the world Bitcoin is probably not in huge danger right now, for the price is fine. And yet I don't think you are right about blockchain. This platform is too stict, there aren't many possibilities to create something new there. Moreover, I believe dogecoin, for example, has a safer code. Maybe transaction duration will be solved but there are currencies with no such problems at all.
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Those gamblers who are worried about the Bitcoin hard/Soft fork and swegit , can convert their bitcoins in ETH and then play the gambling without any interception , in case there is a disruption of Bitcoins near few days around August 1. Vdice is the best choice for the gamblers as they can contuine to play with ETH without taking into account any drama by the bitcoin fork ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I never thought about this option, but I think that ETH gambling is a viable solution for everyone who still wants to gamble during bitcoin forking process. The only downside is a fact that price of BTC after the fork skyrocket so fast and so sudden that it will be hard to rebuy all converted coins back. Yes, this sounds reasonable and perhaps vdice will become even more successful because of risks with bitcoin. Ethereum is better for gambling in other ways as well, though. For example, I believe transactions proceed a lot faster and are cheaper than bitcoin one's. As for the price of bitcoin, I don't think it will grow. It will obviously go down in case of hard fork but a soft fork doesn't guarantee the price growth as well. Ltc went -10% or so when segwit was implemented.
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If we interested to play anonymously than bitcoin always will be our first choice for betting. I think price is increasing so high so it's time to think about our strategy what we are losing there but if we compare bet amount is fiat before throwing our money there and it is just for fun than nothing wrong to place bets with bitcoin.
I don't think bitcoin is still #1 if we want to play anonymously. The transactions are too slow and I bet it makes people who won a lot really nervous when they have to wait for days till they get the reward. Not even mentioning the sum they lose on transaction fee. Moreover, bitcoin can't prevent from scamming. I believe nowadays other currencies are better for casinos, because the fees are not that high, smart contracts reassure that everything will be scam-free and it all proceeds very fast.
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The best time to leave the game is when you start to think irrational. Like betting more than what you can't afford to lose. Our mind must stay normal to be able to have fun as it is what gambling is all about.
I think when you start to thing irrational it's already too late to quit. It is better to set the limit in time and money before starting to play and gamble strictly under the rules you made regardless to what is happening in the game. If you participate in some poker tour, for instance, you can't just set the time limit. You should decide in advance how many tours are you going to take part in.
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I believe this site is nice to gamble from time to time. The design is bright and it is easy to understand how to do this or that thing. It is just paving its way to success. I have seen people saying it is bad there aren't many human players here, for most are bots, but hey, isn't it great that you are one of the first people trying out this website? I believe it's easier to win playing with bot than human. So good luck to all of you, guys and gals!
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I don't know how Bitcoin End World Poverty? I also think removing poverty is not possible for bitcoin because bitcoin is not a magic .
Poverty is the hardest problem of each countries and it's being discussed by the world government. It can end individuals poverty but not all the people on this world are open minded with such technologies and specific with bitcoin. I believe it can help to reduce poverty but it can't really remove the main problem of people who lives in poor places. This sounds reasonable. I live in a developing country and it is not one of the poorest ones. The money one can earn by working in a signature campaign is a bit higher than the minimum full-time salary. So, here it is a serious make that can make a difference when you have it every month. However, a lot of people don't speak English, so they wouldn't have been able to do the same thing. Almost nobody heard about bitcoin as well.
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If we talk about bitcoin then definitely, but the author of this thread is asking about altcoins. As for them, I believe there is no way in which btc segwit stuff can effect them. Alts are built of different platforms and the popular ones have definitely no connection with bitcoin. People can start selling just as they can start buying them whatever happens t bitcoin. Thus I think that the choice whether to buy or sell alts till the 1 of August should have nothing to do with bitcoin.
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I don't see how the government will be able to control bitcoins since it's decentralized, they may be able to regulate how bitcoins is used to do transactions but there is no way they can fully control it .
Yes, I agree bitcoin can't b controlled. Some government has to spend the money they don't have to really make a difference. However, the same doesn't hold for altcoins. I heard about the projects of developing local governmental currencies. Another thing is that the government can buy a lot of some cheap currency with low marketcap and keep it a secret. Thus they will be able to control it.
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Actually you do not have to worry. As long as you can still save your password safely then you can breathe freely, other than that access to an e-mail is very important because as long as you can still connect with e-mail that is registered then you can easily take account that you have. Oh yes there is a 2FA feature that can add security bitcoin wallet that you have. The important thing is never to give any information to others.
Yes, I am sure it is impossible to break the code ('guess' it) since there are too many options there. Thus you just have to make sure you didn't save your password somewhere where it is easier to get it. Another problem that can await you is the website where you have a wallet (if it is an online one). The website can have weak security itself or the owners can just steal all the money. So the risk is still there but it is not related to bitcoin itself.
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I used to be a big fan of ethereum. It was my first investment. I took $16 and bought 0.998 ethereum. I just wanted to try investing into something, so I used a small amount of money. I was deeply happy every day watching the price growing. When it became around $180 I decided to see whether my eth is okay. I found out it was all stolen on ethereum-wallet.net. I got 40% reimbursement from the website owners and that's it. Since then there were other cases with people losing money. So now I don't feel like talking about ethereum anymore.
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Hey there. New to the BitcoinTalk forums, happy to be here ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I'm a student in the UK. I get a few hundred in cash (£250ish) for christmas + birthday money every year and was thinking about investing in Bitcoin. Would you say it is worth investing as a student, especially now with the market rising around BIP91? If so, how much would you recommend? And how much profit would I be able to make within half a year or so? I suggest not to invest in bitcoin, especially right now. It is better to wait till the first dates of august and then in case there was no hard fork invest in btc (if the price will be below 2k. If not, I suggest you to invest in other coins, because they are cheaper and have good potential. Invest at least a small sum in dogecoin, it's a very good choice. You may also want to invest into litecoin and ethereum. Good luck and be careful!
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This is best reason make we need fear Bitcoin at now! In history, the price of Bitcoin usually decreasing when have bad news or nearish event, but why not at now make the price pump before August 1st and HardFork? Is this happens helps some Big Boy and whales take last profit and crash the price of Bitcoin in August? This is some question make you fearing now
I totally agree with you.. If Hardfork will be and we will have problem of split coin like ETC and ETH aaand... the bitcoin price might drop to sub 1000$ Hard fork is surely not something we want to happen. And yet there is big chance it won't happen. Today I heard the following thought on this matter which sound reasonable to me: btc price is rising and this means bitcoin is safe and ready for segwit, because there are people who have lots of btc and they understand btc deeper than we do. If there was a big risk, they'd sell all of their btc worth billions of dollars and that would result in price dropping really hard.
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