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OP, we might see it stay in a range for a little while. The people are becoming a little cautious as Segwit2x could give us another unpredictably bad outcome. I hope it does not fork again. If it does, you should be aware that Segit2x does not have replay protection according to some Core developers. A lot of users will lose some Bitcoins if they are careless.
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I believe what you are referring to is Localbitcoins. There are some buyers there that have offers to buy your Bitcoins and they pay you by making a fiat deposit over the counter in your bank account.
But be careful. Make sure the people you deal with have verified their identities with the site.
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OP, do you remember the biggest funded Bitcoin start up called 21 Inc.? Their original goal was to develop and build Bitcoin mining home appliances and other stuff like light bulbs with embedded chips. All they came out with was a useless Bitcoin computer.
But their idea is not viable. Now no one knows what they are doing or where they are going to focus all their resources to next.
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Payment received. It has been a pleasure working with you, Edwardard. Thanks.
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OP, some traders need to cash out at any given time for different reasons. In knowing this, if the trend is up and there is a dip, then it is always a good idea to buy because the dipping of the price is temporary.
This has been always true with Bitcoin since 2014.
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The market response is already priced in 2 weeks before when Segwit was already locked in. A lot of big blockers were saying that Segwit was possible because of the NYA. That is just an excuse. The real reason why Segwit activated is because of the UASF. The miners had to lock it in before the UASF or else they would lose face.
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My first segregated witness transaction was included in block 481827  c0a4de385bfae70c77d66b7af3d09bbdfe6f1ad95e1e7537ad9a69adfb0551f8 The no. of transactions are almost the same as non-Segwit block. I thought that transactions will double by the time we have Segwit. Another funny thing is Antpool mined an empty block right after it. How can that be with the mempool having 30,000 unconfirmed transactions? https://blockchain.info/block-height/481828 |
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Poloniex was the best exchange for day trading before the withdrawal issues that has been happening lately. It is the only exchange supported by the Gunbot trading automation software, https://bitcointalk.org/index.php?topic=1715214.0If you are a serious day trader then you should be using a bot for faster and more effective day trading. |
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500,000 dollars is very high amount and i think it will not happen even you wait few years or for lifetime . Because if that happen for sure the whole world use bitcoin before reach that and thas very impossible . I think the highest price of bitcoin is 20,000 to 30,000 follars . But everything will possible to happen in this world and for sure if you have a lot of bitcoin to make a lot of profit . More bitcoin is better.
Maybe he and his billionaire friends are planning on pumping billions of dollars in Bitcoin and make it rise to more than $500,000 per Bitcoin. I believe that will be a better outcome for him than eating his own dick on national television.  |
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I do not see any big improvements yet but the unconfirmed transactions in the mempool is growing smaller and smaller. Let us see if the small increase in transactions per block would help get those transactions faster.
The BitcoinCash people are proud that it took only 3 blocks to confirm all 37,000 transactions in their mempool.
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Miners are whimsical minded people. The moment we thought that BitcoinCash has the momentum, all the hash power went back to Bitcoin. https://bitinfocharts.com/comparison/hashrate-btc-bch.htmlThere are also times when it is hard to find a block in BitcoinCash. Sometimes it will take hours before a block is mined. https://cash.coin.dance/blocksI believe a Bitcoin price pump will leave BCC behind in hash power with no miner crazy enough to mine at a loss. |
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I believe there are a lot of developers who left their jobs not to get into Bitcoin start ups or development but to start their own ICOs. Some of them might already be planning their exit scam while the money is still there. Just another day at work.  |
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The good news is the difficulty of Bitcoin mining will go down. Would that mean that ordinary people like us can start mining Bitcoin again from home? What is the best Asic miner and how much would it cost today?
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Big money want to shake weak hands before flowing in.
They are still undecided if they support BTC or BCH.
"Big money" does not have any loyalties. They will support whichever will bringmore big money in their pockets. If they support BitcoinCash now, the minute they find an opportunity in Bitcoin, they will jump straight to it. That makes the difference between them and us. They have no loyalties. |
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I have been thinking about this after the "successful" hard fork of BitcoinCash from the main chain. Since the Chinese miners now have an alternative chain to make money, will they be more than bold enough to take their hash power out of Bitcoin to put in BitcoinCash in case the NYA breaks down or if it is invalidated by Core?
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This is really a good development for both Bitcoin and BitcoinCash. Before the fork, I thought that a dumping war would happen. But Roger Ver, Jihan Wu and their supporters are not stupid. They are also in the game to make money.
What will really happen is a pumping war. Do you think the whales supporting Bitcoin will just let BitcoinCash win easily?
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Didn't this guy 'masterluc' say that once $4400 was breached to the upside, there was no resistance and it was all clear skies all the way to $7000? This is why you should never listen to any so-called bitcoin "master trader". I have the same thought as you. Just because he predicted the price correctly in the past does not mean he will do it again in the future. I have listened to several "master traders'" advice when I was new to Bitcoin. All of them did not make me any winning trades. |
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That strategy requires you to have good timing on the market. But the problem is, by doing so, it will make you emotional and you will be prone to make mistakes making you lose some of your money.
If you want the best strategy for ordinary investors like us, "buy the dips". If you have a job you should save 20% of your monthly salary and make that available to buy when Bitcoin's price is falling.
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