Bitcoin Forum
June 06, 2024, 10:57:30 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 [47] 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 ... 166 »
921  Economy / Economics / Re: Regulating Bitcoin on: December 29, 2017, 08:00:10 AM
I don't think its a possibility. Bitcoin is famous coz it doesnt have any regualtion.
Bitcoin is being regulated in a lot of developed countries right now and that has not stopped it from being famous. Trust me; this is not something we can all run away from as long as we are going to be making use of fiat anyway.
I am not the type that really likes the regulations of government but there are just some things that are just bound to happen to let peace reign. How do you think the government will survive without tax ?
922  Economy / Economics / Re: Is Bitcoin a Bubble? on: December 29, 2017, 05:26:32 AM
Some Banks are saying that bitcoin will drop to 1000 dollars. Do you believe thats possible?
Time will definitely tell if we can ever see that happen. However, this does not sound reasonable and you should stop listening to all the things being said by banks. They see bitcoin as threat and they find it very hard to admit the fact that bitcoin will end up exposing all of their atrocities and the level of slavery they have imposed on us over the years.

Bitcoin itself is not a bubble, but the rate at which people are getting greedy is what really makes the current incidence a bubble.
923  Economy / Economics / Re: The legalization of bitcoin. on: December 28, 2017, 07:10:08 PM
Do you think if we create an initiative group for the legalization of bitcoin. To find uninhabited island, to announce the collection of funds for its acquisition. Everyone who contribute will receive a piece of this island. Based on the state of Bitcoin official currency of this state to make a bitcoin. Do you like this idea?
There's no free island now, even those uninhabited are already owned and controlled by one country. Also, if you live in that uninhabited island, how about the internet? Can you still connect with bitcoin?
Well, with bitcoin, you can cash out from another country and use that fund to build the uninhabited island to become a country of its own. lol. But I wish it was that easy considering international laws and all that. Legalization is something that we cannot run from and that is the only tool the government have to control crypto related activities and possibly implement tax laws on bitcoin.

But legalization has nothing to do with taxation on bitcoins as many countries are preparing to tax bitcoins regardless of unveiling their stand on legality of bitcoins.
924  Economy / Trading Discussion / Re: how to trade efficiently? on: December 28, 2017, 05:59:07 PM
Put your trading with some attention, as below:
- Trading on coins which listed in 20 top at least
- Split your coins in separates exchanges for safety
- Do not keep coins longer in wallet exchanges, after you done trading, move it to your personal wallet
- Buy when signal up coming, this usually happen after correction time
- Sell your coins with your decision only, not following panic selling because it will stuck your withdraw
It is not at all possible for every one of us to do trade and that too efficiently. It is quite a technical thing and it requires lot of time and efforts to become a successful trader. If you are interested in trading, then the first thing which you need to learn is all the basic and fundamentals of trading which all the traders need to know before even getting into trading. Keep on learning new things to have better experience.
Apparently, that is the only way to do anything efficiently. If you do not learn, you will forever be inefficient and no matter the experience from losses, there is no way one can still get the gist at the end on how to do it well. Not everyone can trade as some people do not have the patience to learn, but once you learn and you are able to practice what you learn, and then you can have the best of trading.
925  Economy / Trading Discussion / Re: I dont like daytrading on: December 27, 2017, 06:52:29 PM
Well I tried it as well, I will tell you I'm not that a skilled trader, but I found day trading very profitable but very risky. That's why I seldom do it, I just do day trading if I feel like to. Just like in gambling, If I'm in a good mood and I'm feeling "lucky" then I'll go with it.

Yes, its not for all especially those who are very emotional and can't take to see that there are going to lose in just few minutes if they don't make the correct decisions.
Those last words that you have said are what really makes day trading what it is. However, if you are not skilled, there is no way you can always pull it off without losing so much and which is why day trading is a bit hard for anyone to just dip their head into. A lot of people are just busy gambling as they keep trading without strategies and that is really what makes it extremely bad and why they get emotional easily.

The funniest part is that the real pro traders do not even bother themselves with day trading. What most do is to analyze trends, study the charts and find a good buying position, knowing that no matter what it would be hard to get it wrong. Day trading will only get someone old coupled with some huge white beards generated from stress and you can even lose so much if you are not careful.
926  Economy / Speculation / Re: bitcoin on: December 27, 2017, 02:45:39 PM
At the time in writing this post bitcoin already reach $20000 usd in coinmarketcap that's why we keep saying when the price goes down dont panic or do some panic sell cause it will eventually recover abd reach even higher price a correction is always healthy in a currency especially when that currency has insane price leaps just hodl your bitcoin if you want to make huge profits.
Maybe I missed the moment but I really did not get to see it reach that anyway, probably it did on other exchanges, but $19860 on my exchange was quite close. You are right though, because even at this stage we have experienced a pretty solid correction which I believe it is a good one enough to get the market running pretty well soon. The most important thing is to hold as you can never miss it in the long run.

Anything is still possible right now and if bitcoin goes down below the present support we may start looking at the next one which is around $14500 - $13000 but I really doubt for now but nothing is impossible. Even though we expected it, but nobody thought bitcoin would have broken at least 2 levels of supports within a very short period.
927  Economy / Marketplace / Re: Charlie Lee Sold his Litecoin for "Conflicts of Interest" on: December 27, 2017, 02:11:24 PM
Yesterday, Charlie Lee sold his Litetcoin. He said he was doing it because of the "conflict of interest" that arose as a result of talking about Litecoin. What are your opinions of it?

I think that he has a point. Although he may have no monetary incentive for Litecoin to rally, he has every other incentive to see it succeed. It was his creation and he has his name to it. By not holding the coins, he can easily sing its praises without having to worry about accusations of "market manipulation".

That is much less that can be said about other coins in the cryptocurrency ecosystems.

https://www.coinbureau.com/analysis/litecoin-founder-sells-ltc-avoid-conflict-interest/

That's an intriguing perspective you put up. I think I have to agree with you on that, but I just don't know how the community will react to it moving forward. It's possible that they'll see Charlie Lee as a coward of sorts to pull out when there's a promising build up. There will always be people who fail to see that it's potentially beneficial for the whole of the coin, and these people might weigh down the price by removing their support of litecoin as well. We'll see what happens within the next week.
It could be a good call and a bad one, but everything depends on how people would really end up seeing it.

There is really no conflict of interest here to me, it is your project and if it dies you should be ready to die with it, but it seems strange that he feels people may think he is going to be manipulating his own coin by holding a huge chunk of it? Let's see how this goes.
928  Economy / Speculation / Re: The Dip: The Christmas Gift? on: December 26, 2017, 06:09:35 PM
It's definitely a huge Christmas gift for those waiting at the bottom. lol It's only bad for those who bought at the peak and still holding on for dear life.
I wish there would be another bigger word that huge and not just a synonym of huge. Huge is good, and even after all the great rise we had in the years, we just had a sweet time to buy more for ourselves in the dip. Some have still predicted that we may experience some more dip, but who knows, when it comes, we will take that as a chance to get the best of the currency and I hope the weaker hands would have learned and gotten back stronger.

Apparently, not many people will see it as Christmas gift. For some who got into bitcoin for the wrong and greedy reasons, I am sure they must have been cursing themselves or bitcoin by now rather than sitting to understand why they are really here in the first place. Now, I see this as a very lovely crypto shopping and just very few who understand the value of bitcoin will take the present chance and not miss it.
929  Economy / Speculation / Re: 45% drop - this is new territory, never seen before on: December 26, 2017, 05:23:11 PM
Yeah, hopefully this slump will go away soon.

I would even prefer to believe that it was just temporary bad news (the factors you mentioned and others) that caused the price to drop, but as I was cautious about CME futures and the new incentive for market manipulation, others plowed ahead and skyrocketed the price.

Then, the price kept going up even as it was parabolic, which should have scared most reasonable people, IMO.

Anyways, hopefully people will scoop up what the panickers left behind.
The thing is that there would always be those who would panic and there is no way we can separate them from the market, but the thing is that they usually learn their lessons after the first incidence and that is what makes it even better.

Like you said, it was a scary bullish move within a short period of time but it was so much expected that this would happen. It is good it did and this gives room for the real believers to buy back more into bitcoin for the long ride and this is also not the first time this would happen.
930  Economy / Economics / Re: How do I get bitcoin? on: December 26, 2017, 04:42:51 PM
Its easy and simple. Fierst of all you beed to learn about cryptocurrency if you want to earn bitcoins. The easuest way to earn bitcoin is to join a campaign. Or be a trader. Thats the easiest way to get bitcoins.
That is just the easiest and I have really not seen a way that is as easy as this. Joining a campaign is really a very good way to start. Signature campaigns, bounty, articles and so on, based on your skills can really be very useful. Also, there are some other freelance ways in which you can also earn a lot of bitcoin, but that totally depends on your level of skill set and knowledge in the crypto world.

I'm taking part of ICO's adversting and generate some btc by this.
There are so many ways to earn in the crypto world and it takes some patience, but once you are smart and you can make use of all the opportunists around, you can earn a lot. ICOs have really made it good to even earn either in bitcoin or in other new tokens which could grow hugely in future. It just takes serious effort, understanding of how to go about all this and not lagging behind.
931  Economy / Economics / Re: Cryptocurrency as our Fiat on: December 26, 2017, 03:12:43 PM
It would be amazing, but the price of at least one crypto should somehow stabilize for this to happen. No trader will accept on the daily basis something fluctuating 20% from day to day.
Those fluctuations are pretty huge and for sure, just like you said, this is something that cannot even make cryptocurrency being used as fiat work. It is an uncontrolled environment and this fluctuation even though can be good in a way when it is increasing but not decreasing for most people especially when it is not a small level of increase.

Nevertheless, when things change and we get to see real life usage, then probably, we may end up getting to that stage gradually but not completely.
932  Economy / Economics / Re: Is Bitcoin the next big thing? on: December 26, 2017, 02:36:26 PM
really bitcoin is a next big thing ,because just two years before value of bitcoin was around $1800 , now it is reached $14000 , so it definitely shows that bitcoin is real next big thing . now bitcoin is gaining more popularity among all crypto currency , more and more people interested in investing on bitcoin crypto currency. i can say bitcoin real  next big thing.
This is not even just as a result of the value increase alone. Yes, that has sparked a lot of interest for new investors and has even made the main believers right from the onset to believe in the main reason of using bitcoin and why they have to just keep holding. The popularity has really increased over the years and we are just starting as far as I am concerned, which makes the future to be perceived as one that would be the big one.
933  Economy / Economics / Re: Can cryptocurrencies make physical money disappear? on: December 26, 2017, 12:00:05 PM
As we can see the cryptocurrencies are still being established in the knowledge, socialization and full utilization of humanity, could the cryptocurrencies cause the use of physical money to be eliminated, is this possible?
There is very less possibility of this happening in the first place. Because,
1) We are already using the current physical money in the form of digital linking, using credit/debit cards, Internet banking, Mobile Banking etc. So you see we have already achieved some great milestone in the traditional financial system.

2) Also, There is no use of the crypto currency in real world because it is not much stable as compared to the fiat currencies. The stability is really important for the day to day life use. So these are valid reasons for which I don't think that crypto's will replace the fait so soon.
Yes, it is a huge milestone that has been achieved, and that would make it seamless switching from the physical way to the digital way. Governments have already introduced the cashless system for a while, and even though some governments are far behind, some are already long gone with it.

Hence, in this way, some will have to just see how they can make the blockchain tech useful for the fiat system. Laos, cryptocurrency usage in the real world will get better, government will try to limit it, but that would not totally erase it.
934  Economy / Gambling discussion / Re: Investing is the new gambling! Double, Tripple, Quadruple...why still gamble? on: December 25, 2017, 01:39:12 PM
Gambling is different enjoyment than investing. Becuase not everyone like only one kind of game so each person will choose to play different games to get their enjoyment. So if you want to have that fun then only you should need to go to gambling.

But if you want to earn money then what you said is true. We shouldn't go to gambling to earn money. I also, don't think that those price volatility will give same thrill like gambling games give gamblers.

I go to gambling sometimes to get fun with a small amount and invest money in altcoins and bitcoin to earn profits in the long run.
When it comes to the game you play during gambling, most times, it is usually quite interesting when compared to investing.

You can still be safe in investment unless you just want to keep loading all sort of coins without even bothering how far they really can go later on in value or in the market. Even at that, it is still a gamble that is worth it anyway. I can just decide to gamble all the top 100 coins right now and buy into them and see how they fair in the long run.
935  Economy / Gambling discussion / Re: I always lose all my tokens and btc on gambling~ on: December 25, 2017, 11:29:14 AM
Since there is no guaranteed way to win, your first priority should be to enjoy yourself. But you also need to manage your money and money management strategies for gamblers rely on checking the time.
If you always lose but you don't enjoy gambling then there is no sense of gambling anymore, we are suppose to be enjoying it because losing is just a normal thing especially when playing games with a house edge. Being responsible in gambling will only make us risk an amount based on our budget and we should afford what we can lose so we will not lose our focus and chase our loses.
Simple truth! If the only reason you find gambling fun is when you are winning a lot of money, then there is no point gambling as you will lose a lot of money anyway. I am sure so many people if they look back will really find it amusing, except for the lucky ones who could have won some jackpot or something. If you cannot afford what you want to gamble with, then better not even gamble it at all.
936  Economy / Trading Discussion / Re: How to overcome the fear of holding? on: December 23, 2017, 11:14:57 AM
First you should remember that trading with cryptocurrency isn't something that will make you rich over night.
If you want good profits out of your investment, you need to learn how to deal with ups and downs.
Bitcoin is a high volatility currency, you must have patience and wait longer for higher profits.
You must always remember that this cryptocurrency as a digital form it involves risks, as well as the process of holding it. But you have to earn what you want, if you like to have a high earning you gotta work for it and must face the risks involve in reaching it and be able to accept if you loose some and to make it as a lesson for the next time.
Anyone that understands the volatility risk of bitcoin and does not care about it will definitely overcome the fear of holding. There is no two ways about it, it depends on each individual and if they still believe that bitcoin is going to end up giving them all the functions they need.

The same way we can see bitcoin go up today, is the same way we can see it go down tomorrow. So the best is just to keep holding anyway knowing that a time will come that bitcoin will even find it hard to test the phase where you bought.
937  Economy / Marketplace / Re: How to sell my house? on: December 23, 2017, 10:45:53 AM
The objective is not being rich with bitcoin or crypto. Is just selling my house. Because we are trying to sell for about 2 years...with no luck. This kind of market in Italy is totally halted.

Here is an image from tripadvisor...just to satisfy your curiosity  Grin

https://media-cdn.tripadvisor.com/media/photo-s/08/e0/ec/43/bed-breakfast-villa-ali.jpg
Hmm. That looks like one secluded part of Italy. Never been there before but at least the post satisfied the curiosity. However, trying to find a buyer here may not work, and the location too though, maybe that is the reason you have not really seen a buyer. I wish you find an international buyer but we both know that would be hard considering a lot.

Why not OP find some agents in their place that can make use that of in Italy ? No one can give them the best and secure way to do this and if they are looking at selling their house to someone in Italy on this forum, it is better to make use of an escrow, but that is some big stuff though and I really do not know how escrow is going to work.
938  Economy / Marketplace / Re: How to 200k satoshi mount with faucet. on: December 22, 2017, 06:01:42 PM
OP, the faucet links you put out here are genuine. I have dealt with litecoin, dogecoin and Bitcoin (even though I couldn't reach the claim amount on btc) through the moonsites and would say the sites kept to promise. Those were my newbie days and It was really stressful. Notably, there are so many scamming faucet sites out there and people should be careful if they must do faucets. However, I warn that people should keep off faucets. Faucet is a complete waste of time. It's purely slavery. It doesn't really matter if you are from a third world country or not. You will pass through the unnecessary stress and the reward won't solve a thing.
I really would not blame faucet sites as faucets have really made some a bit richer these days for those who have been clicking earlier. On the other hand, there are so many things that can be done to earn good amount of money than clicking on faucets and no matter how good free money sounds, these guys are still generating lots of money from adverts while you waste your time clicking on some few satoshis ? Come on!
939  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Good Guy Coinbase on: December 22, 2017, 03:48:56 PM
Yes i also think so Coinbase is good for reservation BTC, ETH, LTC.etc i can trust it for its activity. There are 2FA which give me more secure to reserve BTC.

I'm sure they'll be adding a lot more security protocols since they were hacked more recently. It's their way of letting their users know that they are doing their best to keep all of the money secure.

Regardless, I still believe it's best to use some kind of hardware wallet because it removed that persistent risk of someone hacking into an online system and stealing the coins. Using an online wallet makes you a bit more vulnerable to that, but hey, at least they're trying their best to make it as secure as possible.
As long as the security is always beefed up and they have shown themselves to be a reputable exchange over the years, then that is enough to keep taking them to the top of their game. It is good though, knowing that they are really doing their best and I for one have been so happy with the way they have been handling things professionally and I really hope they keep up with that.

Coinbase is just an exchange and no doubt that they have been doing some pretty good job but they are not the only ones doing that and a lot of exchanges already did that a long time ago and you are really lucky that they did when the value of bitcoin has totally increased and blown the whole roof. I really wish I did not sell my free coins though, but it is all good.
940  Alternate cryptocurrencies / Altcoin Discussion / Re: Get in while you still can!! on: December 22, 2017, 12:42:50 PM
This is really being fueled by the media. I may just have to try trading on this coin pretty soon but from the look of things, it seems it is going to keep mooning for a while. I would be very careful though and not still believe everything that comes from the media.

Media can be bought and it is just a space and mind you, there are some big guys behind this coin, and I am sure they have the bucks to keep pushing it which I do not personally like in a coin. I see it as manipulations and you really do not have to do that if you have a good project, but it is the crypto space and anything goes as long as there is profit right?
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 [47] 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 ... 166 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!