Am I the only one realizing that ~$1 fee to make a transaction is absolutely insane and defeats one of the core benefits of using bitcoin for daily transactions.
This is getting insane and is completely uncalled for, or am I wrong?
It's inevitable since bitcoin has reached new ATH this week and so many people attracted to buy and sell their bitcoin which caused flood transactions to blockchain. Over 140K unconfirmed transaction is a new ATH as well, since people in hurry to get their transaction to be confirmed, higher fees make it possible but I do agree it is so expensive, so it's better not to move my bitcoin anywhere at this point. |
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In trading how do you know if it is time to still hold or is it the right time to sell? Do you go buy your profit margin or actually wait for the highest possible peak?
For example if you're earning like 10% of your investment, would you just sell or would you be interested in waiting and seeing if it goes more up so you could earn more, in doing that its possible that it may go down and you then earn like 5-8%
But what is your process in this? How do you go about hold and sell timings?
I don't see it that way, I won't sell my bitcoin unless I have to, due to there is no any other option to get money. Consider your bitcoin as long term investment, saving as much as you can and enjoy it in the future when one bitcoin worth $10,000 or more. Have you ever read about some people shared their experiences > bought and saving bitcoin for years? They have made big profits and may become a rich person because of their patience and trust bitcoin obviously. |
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If it corrects and goes down to $800-$900 twice, it wont reach $2000 at the end of the year. Probably it will only reach around $1500. According to your analysis, . I think it is too steep to reach $2000 after dropping to $1000 (2nd correction) assuming that happen in mid year. So I guess it will be around $1500 - $1600 at the end of 2017.
True. A big correction ($400 or more) will be followed by a stable period. This usually takes a month or two for the price to start breaking the walls and slowly going up. Also, if the trend remains as it it, it will take at least a month for the price to move up by another $100 (without big corrections). If any of you think it will reach $2000 in a year, check the charts and see how long it took to move from $800 to $1200 (it's just $400) and you would want it to go from $1400 to $2000 in 8 months. Bitcoin won't fall down below $1000, maybe correction to $1100. But that is our responsibility to make it stands and not be involved make the price decline further away. According to the last few years, bitcoin price always has significant increases in the mid-year and it isn't impossible to reach $2000 by the end of the year even though the price drop back to $900 again. |
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The price starting to rise when bitfinex has withdrawal problem, which this exchange raise the price more than $100 compare to other exchanges and then other exchanges has raised the price too > because SEC order to review bitcoin ETF on 15th May, which caused speculation and bitcoin price slowly increases. The highest trading volume maybe occurred in Japan exchanges after this country legalized bitcoin, every good news and speculation make the price increase I guess.
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Bitcoin halving every 4 years is such a great idea from the founder. Last halving on 2016 make the price increase as much $200, however it takes several months to rise until it reaches $900 by the end of the year. During 2016, bitcoin price increase more than 100%, so the best I can expect for this year is $2000 as bitcoin has started this year from $1000. In 2020, I guess bitcoin could reach $4000 but not beyond $5000, if I'm wrong and it turns out more than $5000, I'm happily to say > bitcoin has proven itself exceed my expectations.  |
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once again,do not want to offend anyone,but in some countries 3$-5$ a day is considered a decent kind of wages
if you make 5$ a day online-you are better off than sweating at some office from nine to five
so some people think that it is much better to sit home and just "work" with online gambling sites
think Primedice as well as the other sites in the industry are curbing on this sort of abuse,remember the limits introduced,lowering the faucet claim amount to 150 satoshi etc.
many sites like duckdice,kingdice,bitsler etc. only allow 1 account per player (bitsler allows a banking account as long as you play and chat using only one)
and if you get caught,your balances are forfeit and accounts are blocked
You're right, it is a decent amount if I could get $5 a day, pretty good to cover daily expenses in my city. But faucets farmer in some gambling sites seems like a bad behavior and usually always ended with account blocked if they win some profits. But, try to play fair with just one account even though you decide to start it from faucets, although 150sat is a very small amount to get decent profit. |
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Hi. I was just wondering what you guys' opinion is about the large volume of shitcoins, and if there is profit to be made in these coins. For example Lepen, Macron, TRUMP, Putin, and 85% of the other coins listed on YoBit.
Do you trade in them? If yes, what kind of volume? Is it worth it?
Would highly appreciate your opinions.
No, I don't as it is worthless without knowing whether it is going up or fall forever, so risky and waste money. I prefer to buy some famous coins such as monero, ethereum or litecoin (recent increase is so good) which has been around for years or a trusted one (good developers team) that has launched an ico, it will produce more money to trade it obviously. |
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I know maybe a little bit about bitcoin right now, I haven't bought any yet. All I've done is play some stupid gambling games like pocketdice ( fuck that ). Now after researching, I decided that I wanted to get serious about bitcoin... I know I should just Google it, but I wanna know more from the people here who are pros at this business... As a newbie, how should I start it? Should I buy BTC and just hold it? Is there any trustful and safe ways to profit it? Is investing in cloudmining like Genesis a good thing? ( probably not ). Any tips on how to start will be great. Thanks  I'm very skeptical for gambling in the beginning, had tried but lost. Better not to play it if you don't know how to make profit. Buy bitcoin is a good way to earn more money as the value keep increasing right now, buy and save will be great. If you want to doubled your bitcoin, there are some options to invest it such as in gambling site as bankroll or learn how to trade bitcoin-altcoins if you don't trust any site. |
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This is legit news. We can find info about this project here: http://antiguaobserver.com/ab-looking-to-embrace-bitcoin/Bitcoin acceptance and adoption is speeding up recently. We have half dozen countries which embraced or will soon embrace BTC. Japan, Switzerland, Korea, Antigua and Barbuda maybe even Russia will fully legalize BTC soon. To see how bitcoin could be accepted and legalized in some countries as it is the most precious and sought after by traders which has great potential to grow up bigger on the future and become a mainstream digital currency. Decentralized system of bitcoin doesn't harm and government has nothing to worry if they regulated bitcoin and exchanges in order to prevent illegal activities. |
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Most coins are in development for several years now and it looks like some of them are ready to use this/next year. This means we are goin in a new area. after years of developing and speculating we have to go a step further.Coins are here for a real world usage and not doomed to stuck in this forum and few wallets. Some people predicted it still needs 5-15 years for mass adoption. But that´s bullshit. Another 5-10 years of speculating isn´t goin to happen, otherwise it would mean the whole crypto-thing is just a big empty bubble. Do you remember 2015? BTC at 200$, NEM at 1mio marketcap,...you lucky bastards able to invest in this year ( me not  ) Anyway, wait till 2018 and you will say the same about 2017. Good luck and buy as much as you can. Are ready to use this/next year? Bitcoin and other cryptocurrencies already been used for years and yes still on developing progress until today. Next year > cryptocurrency will grow further of course and just some coins survive and still has good position in the trading market, and we don't know for sure about mass adoption but it's fine to expect more tn 5-15 years later as cryptocurrency has been proven rise significantly. Waiting for lift off in 2018. |
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In 2017, we might see major elevations in the bitcoin price. The analysts are already predicting a staggering rise of more than 165% in the bitcoin price which means it might go beyond the $2000 mark in the near future. The impending “Spending Binge” might prove to be a major catalyst in appreciating the price of bitcoin in coming months. In addition to that, the augmenting value of dollar against yuan might be yet another factor to drive the BTC price to unimaginable heights. During the last 3-4 months, the value of dollar has risen by 4% against Yuan and during the exact same period, there was a 21% incline in the BTC price. Seeing these trends, it seems quite obvious that the two might have a close relation with one another and if the dollar tends to rise against Yuan, then the bitcoin price as well, is likely to rise further. After years of volatility, the Bitcoin price forecast is finally on an upward trek through 2017 and beyond. In just five years, the Bitcoin price (BTC price) rose from a few cents to over $1,000, which should give you some sense as to how much money early investors made. But don?t worry, our Bitcoin price prediction 2017 shows that there is still more room to the upside. I really like to read this article, great statement and review from the past and the cause, as bitcoin price may driven by speculation based on some countries regulations regarding cryptocurrency, China and India seems contribute to bitcoin hikes and this year Japan take decision to legalized bitcoin, really good achievement of bitcoin community. |
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What do you think that might happen with Bitcoin if no scalable solution becomes accepted? Will it remain as a store of value, while other altcoins take the lead for everyday transactions? Or will another cryptocurrency take its place as the top in marketcap? I would like to know your thoughts about this, as the ongoing scaling debate will further limit Bitcoin from reaching new heights. As for me, I believe that the Bitcoin community would come up at a resolution somehow to put an end to this issue, and make the pioneer cryptocurrency great again. What do you think?  Bitcoin will stuck someday at some point of price, won't move up but keep fluctuate around the circle I think. At current price, bitcoin will still has great movement, steady increase every month/year but people cannot use it just like we use fiat money if it isn't scalable right? Maybe someday, another cryptocurrency which could be scalable will surpass bitcoin price and market cap. Whether this could be solved or not, only time will tell. |
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Bitcoin price has outperformed every reserve and fiat currency across the world year to date, yet again. By outperforming the US dollar by over 30 percent, Bitcoin surpassed the growth of the Mexican Peso, Silver, Gold and Russian Ruble to become the best performing currency so far in 2017.
Thus far, 2017 has been a successful year for both Bitcoin investors and alternative cryptocurrency (altcoin) traders, with leading altcoins or crypto assets such as Ethereum achieving a $5 bln market cap in early April. The Bitcoin market, however, experienced some major changes in its ecosystem earlier this year. The major driving force of Bitcoin price in 2017 is suspected to be the resolution of the Bitcoin network’s current scalability problems.
The Bitcoin network’s one MB cap on block size is causing Blockchain congestion, a drastic increase in fees at times and long confirmation times. If Bitcoin scalability issues are addressed within this year, with innovative solutions such as Bitcoin Core’s Segregated Witness (SegWit), Andrew Lee’s Extension Blocks or other potential emerging solutions, Bitcoin price will most likely demonstrate an exponential mid and long-term increase.
Would you invest in BTC this year?
For long term, bitcoin is a good option due to the value always increase over time. But to state it as the best, I don't think so as there are many others cryptocurrency project which has more money invested on it. I will invest on bitcoin in this year obviously and hope the price will increase and reach $2000 by the end of the year |
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Hi,
Not sure if it is for this toipc, please move it if needed. As the title says, I want to put $2k in something new, not buying coins, I have them in btc. What can be the best ROI and most secure way?
What you will do if you have additional 2k?
Thanks
The most secure way probably just hold your bitcoin, but if you want to increase your money and looking for a reliable investment, gambling investment as bankroll maybe the best option instead of lend it on exchanges which has very small interest. But, if I have 2K worth in bitcoin > probably, invest on real world, make a business which in my place do not need so much money but could give great income depend on your management. |
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17 days left and there are 62 investors and 343 BTC invested. In dollars we are talking about 454,360 dollars right now, it´s almost half a million dollars, the numbers are amazing.
We're expecting this presale will success and attract more investors as quantum project has big potential to rise in the future due to its bring liquidity to cryptocurrency which connecting the market, such a big deal to invite big investors join the market. I guess the numbers will continue to increase and don't miss this great opportunity to be involved before presale ended on 15 th May. |
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Since we're at $1300 now, $1500 in a few months is entirely possible, if there won't be any major bad news.
Yes, $1500 and then $2000 are on the cart with the reason of SEC again going to consider winklevolkss ETF applications, I guess this time they would have corrected what they have missed on their first attempt. I read there are 15 more days to make a verdict on bitcoin ETF applications and within this time frame we can expect bitcoin prices to reach new peaks like $1500+ levels. Yeah, we're on speculation time again, waiting for ETF consideration again on 15 th May. Why SEC want to review their decision? This might be interesting to know the reasons. However, the last rejected has no significant decline but the price keep increasing. Bitcoin may no need ETF to reach $1500 or $2000 due to bitcoin has it own advantages which people attracted to buy it. |
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Shell Gamehttps://en.wikipedia.org/wiki/Shell_gameThe shell game (also known as thimblerig, three shells and a pea, the old army game) is portrayed as a gambling game, but in reality, when a wager for money is made, it is almost always a confidence trick used to perpetrate fraud. In confidence trick slang, this swindle is referred to as a short-con because it is quick and easy to pull off. https://pbs.twimg.com/media/C-e16GsXkAAmAcR.jpghttps://pbs.twimg.com/media/C-NS6HSWAAAJHZU.jpgThere's a lot of people currently living in mansions earning millions for doing nothing. They're all insolvent. It's not going to end well. It doesn't take a prophet to see that it's only a matter of time before all these exchanges collapse.  Now is your last chance to withdraw your coins and savings. Don't say I didn't warn you. The lord has spoken. Not all of exchanges as there are a lot of reputable which has been around for years, what you've mentioned was the new one maybe. I trust local exchanges in my country, people behind who founded and support this exchange are famous and trusted people, that's why people believe and trade on their site. Furthermore, exchanges has make great amount of profit from traders which we know as withdrawal fees. But, you are right, better not to save coins and money inside for a long time. |
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How is that any different from having coinbase for example handing details to the IRS for example? Its pretty much the same thing If you ask me and also, Its probably just a matter of time since they will actually regulate bitcoin and tax it.
They can only regulate Bitcoin that they know about. Anyone that really wants to launder their money or avoid paying taxes will probably be capable of it unless governments do some very complicated analysis. It seems unlikely that many people will be contacted for avoiding tax if they were actually trying. Only works if you ever did a transaction through exchanges which can be traced since users have to identify themselves before use its services. I don't know how gov will tax a person without any evidence, just like a transaction between two persons (buy and sell), it's untraceable. However, my country still not regulate or identify bitcoin to get taxes and I guess not even in the nearly future, maybe in 5 years later. |
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When someone buy goods using bitcoin, it become another medium of exchange, everyone is free to consider bitcoin as what they want depends on its use for what purpose. Bitcoin price be measured with fiat but it just a figure of value, bitcoin-fiat-and gold are worth and could be used for buy something without need to state it as a money.
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What is good with alt is they can correct what bitcoin lacks in their implementation. I think, if there is an altcoin that can avoid the problems that bitcoin is facing right now, that coin can become the next bitcoin.
It would take a lot of years for any altcoin to gain what Bitcoin has now (reputation, adoption, price, etc.). I admit that there are quite a lot of great altcoins, but for me, if Bitcoin were gone for good, I would lose any interest in the digital crypto currency world. You can't say that for sure because we don't know yet the reason why bitcoin disappeared. If it was because of another cryptocurrency that's more interesting than bitcoins, then I think people will start having even more interest in the cryptocurrency world. This whole thing is not just about trust wherein when bitcoin has disappointed you, you'd forever shut down the whole crypto-currency world. This is about being disappointed in a failed coin and be able to gain your loss from other investments. Basically about how you go up once you fall down. I think so, everything is fair in the cryptocurrency market even though some people want to manipulate it in order to get instant profits. But at least we know that better coin will lead the market, bitcoin as the first one still become the best but can you see another coin which has potential and high price right now, sitting on the second position after bitcoin? As long as confirmation time and fees are the problems for bitcoin users, people may look at another coin to invest. |
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