I have seen a lot of news over the past 6 months, since BTC sold for around 600 dollars. One thing that seems to have stood out in the news is the relentless positive attitude surrounding Bitcoin. The price continues to thrive and big business wants a piece of the action. Words such as 'decentralized' and 'blockchain' have become so common in start-up's and established business. In a world where where we used to have emoji's we now have guides on emoji grammar. The online world is changing.  I cant tell you all that I have any more knowledge than the average Bitcoin Miner. So fro 600 to 1300 dollars in 6 months, My prediction is for BTC to hit $1500 in 30 days. That's my logic! If it doesn't, I you have my word that I will not try to predict the future again, now where did I put my crystal ball.... If we excluded bitfinex due to withdrawal problem, No, I don't think so. Current price ($1335) is pretty high and I'm just waiting for another dump, huge cash out from some big whales and bitcoin price drop back to $1000. Blockchain block size cannot afford all of those flood transactions which people keep speculate and trade bitcoin, can you see unconfirmed transaction? https://blockchain.info/unconfirmed-transactions rapidly increases every second. |
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I had registered and deposited bitcoin on 12th December 2016, but until today fortunejack doesn't send to my email in order to full activate my fortunejack account, is that because I live on restricted/ban country of fortunejack? without email activation, can I play with my balance (deposit amount) or withdraw it? Thank you for the answers.
you should activate your account to make a withdrawal , you might can play it freely but since few months ago they have some new rules like to activate your account though the email is a must and we are as a user have agreed to their terms right? so just do it, i don't know exactly what causing your activation link didn't delivered , but i just curious why you bring this matter now after 4 months  . Try asking fortune jack what email is registered on your account, that might be one of the problems that is causing it. If there is a discrepancy there, then probably you have to have it changed so that you will be able to confirm your account with them. Never had this problem when I was confirming my account so probably this is isolated. I just deposited just in case I want to try this site in the future, but didn't realize that I haven't receive any activation link in my email (until today). I know my email which registered to fortunejack and have tried to resend but nothing show up. That's why I'm wondering, is it because I live in restricted country/prohibited by fortunejack? |
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I had registered and deposited bitcoin on 12th December 2016, but until today fortunejack doesn't send to my email in order to full activate my fortunejack account, is that because I live on restricted/ban country of fortunejack? without email activation, can I play with my balance (deposit amount) or withdraw it? Thank you for the answers.
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Recently, I've been trading bitcoins on btc-e, earning only a little, yes, very little, except the fees that btc-e takes.
Besides trading, are there any good method to earn bitcoins? Thanks.
The most famous ways for new comers maybe signature campaign and trading, if you can make some extra amount > then invest on gambling as bankroll or investor based games (but be careful with scam). You can check here : https://bitcointalk.org/index.php?topic=1585408.0 to see how is it going as bankroll. Trading altcoins maybe pretty difficult in the beginning, but you need more experience and read a lot of paper from some successful projects to know the best coin to invest. |
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Today,we could see lot of newbies daily entering the crypto currency market and struggling to gain profits.To become a professional trader,what are the characteristics to be developed?
To become a professional trader, it takes a lot of time to get experiences as much as you can to learn how the trading market changing due to speculation and good development. So, you need more information (research) and good analysis (calculate) to determine the best time to buy and sell. So, we need more experience, knowledge and be patient to analyze fluctuate of the coin. |
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https://geopoliticalfutures.com/russia-opens-door-cryptocurrencies/Russia has announced that it will legalize the use of cryptocurrencies. Official reports from the State Duma and the Finance and Economic Development ministries confirmed last week that a bill is being drafted to create the legal framework for trading in bitcoin, dash, ether and other digital currencies. This comes just a year after the same Russian institutions said that people trading in these currencies could be jailed. This raises two important questions: Why has the government made this U-turn, and what opportunities does it now see in this technology? The answers lie in Russia’s need to address serious problems in the banking sector and their impact on the economy.
The Russian economy has been under severe strain since 2014, when oil prices dropped and the United States and European Union imposed sanctions that have dried up foreign investment. As the costs of accessing money increased, the banking sector was also affected by the downturn. Against this backdrop, the Russian Central Bank has intensified its anti-corruption campaign meant to address dodgy, inefficient banks, some of which use money-laundering schemes to remove capital from the country. About 100 banks have closed in the last three years. Central bank head Elvira Nabiullina said the campaign would continue for at least two more years.
But closing banks is expensive – the process has so far cost the Deposit Insurance Agency (DIA) about $50 billion. In addition, the central bank needs to act carefully to avoid a liquidity crisis caused by closing banks. Local companies depend on banks for liquidity. Extended cash shortages in the country’s mono-industrial regions (many of these regions exist in Russia) could fuel social unrest, which the central government wants to avoid.
Moscow hopes to address some of its banking sector woes with new technology. The biggest question is what caused Russia to have a change of mind. They have been very strict with the use of any cryptocurrency before but they are very open to it at this point of time. This is possibly due to the large business opportunity and the potential market and profit that cryptocurrency will come in to Russia using the digital currencies. They have a good financial analyst on their side and they have seen the future of cryptocurrencies and they dont want to be left behind. If you read the article, it says they're having problems with fraud - many of the banks they are closing are bankrupt because someone ran off with the money and they can't trace it. They believe that bitcoin will help them track people if they start to put banking onto a blockchain - also, they probably hope to track fraudsters who send money to exchanges to be traded, which is why they are legalising the trading. In part it's because they have decided that banning it is silly - but they have also decided it might be a nice honey pot to catch people. In other words, they are setting a trap, looking for track bigger trade in the cryptocurrency market. A wise decision to regulate and legalized some top cryptocurrencies as it has many advantages for the citizens and the trading market which leads to bitcoin will rise up slowly. On the other hand, if government put some money into cryptocurrency, they may have big profits as well, even though it's more likely not gonna happen. |
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I say by the end of December for sure, but feeling the summer is a possibility as well. Your thoughts ?
I am sure in this year, bitcoin definitely cross at $1500. Less than it will be reached at $1300 to $1500. But now i have a good sign that bitcoin give us good surprise and also give us good profit. For me, now bitcoin is a big and easy investment, where everyone would make money easily, if he know about bitcoin. Bitcoin already crossed $1300 level which is good to see now everyone is hoping to see the price of $1500 which seems to be possible in next couple of months and even if it takes longer there is a full possibility that it will achieve that price in the end of the year. Current price on preev seems pretty high compare to major exchanges due to bitfinex exchange rate probably. If market demands of bitcoin keep rising without any manipulation, I guess we may reach $1500 in July- August. What we can do just buy bitcoin and hold it, a little role in bitcoin environment beside big whales. |
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...
I have long written that diversification is a very smart idea. No one can predict the future, etc. But discussed below is another reason not be 100% in ANY investment, at least for long. I ran into this argument at a gold blog.
Imagine that you are 100% invested, "All Inn", in gold. Even if the price of gold were to go way up, there is still a big risk that many don't see. Namely what happens if there is a big price drop JUST when the owner might NEED to sell (eg, an unexpected emergency). If our imaginary friend bought in at $1275 gold (approx. price today), and then price drops to $900 (Martin Armstrong predicts a sharp price drop like this, prior to a big price rise, a "slingshot" price rise after its initial drop).
And then, just at a bad time for the gold owner, he might need money (US dollars) to cover an unexpected $200,000 medical bill. And he if forced to sell his gold at a 25% loss to cover his bills... Ouch! It would hurt even more should gold then go to $2500 per ounce.
So, it is unwise to be All Inn on gold, even if we were to be very sure that $2500 gold is coming.
The above scenario would hold for Bitcoin as well, or anything else to be held long-term.
Some of us gold owners have a saying: "Protect the precious." That means keep some powder dry (CA$H on hand) for the unexpected.
That's why medical assurance is a way to diversify investment so it can't ruin other savings whether in gold or bitcoin. Cash savings is the most needed to prevent losing from other investments as well. So yes, we need many asset and commodity as much as we could as backup plan just in case something happen. |
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What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
I don't have any target of price, because I will sell my bitcoin if I don't have another option to get some cash. Usually, my plan is sell around BTC0.05-0.1 at higher price I could get for cash savings, so I do not need to sell mine for couple of months. |
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Well, as what you see bitcoin hit $1,300 now and as of now were in $1,316 haha its seems that bitcoin price still growing slowly but surely to all bitcoiners that waiting to dump the price at $800 well i hooe its true hahaha just wait a long time to achieved your wishes hahaha funny
$1,400 is next we just need to wait until it achieved anytime
It's useless if exchanges on your country has exchange rate far below $1300, I believe bitfinex has the highest rate of bitcoin price right now due to fiat withdrawal problem but other exchanges such as OKcoin, coindesk, bitstamp, or coinbase shows bitcoin price within $1226-$1257. On preev may show $1300, but it still because bitfinex and there's no point without other exchanges reach that price as well. |
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So I'm not those last moment type of people i always keep sufficient savings. Currently the money i have in bank will be sufficient for me to live in my home country for 4-6 months including ticket fare. And 1-2 months in foreign countries. I also have funds in bitcoin and few alts so that will also help.
Its always good to have an habit of saving money either in bitcoins or in fiat as it will take care of you in emergency situation and you don't need to borrow money from your friends or family as your savings will take care of you if you need money desperately. Luckily I have that hobbit. I am from a country which is not a very rich. getting job and earning a good money is very hard here. so we are naturally saving minded people. any time we get more than our current need we'll save that funds. which is a good thing I think. Yes, saving is one of good habit for future purposes whether in cash, bitcoin or altcoins. But, how if Op question becomes reality for you guys, a disaster happen and all of your savings are gone? We won't that case happen, but we should consider it, what will I do if>> |
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I suggest you to hold some KMD (komodo) and Gbytes (Byteball) because both have unique consensus mechanism and application. They are cheap right now so this is perfect time to get some for both short and long term holding.
Byteball has reached $151/Gbyte, the most highest rate altcoins obviously. This coin is the most important coin which you missed it. I don't know, how far byteball could rise and it may be second position for a long time since Dash reach $110. When I remember byteball at $65/Gbyte, it makes me like' woooww_ to see how fast it grow, 38.37% increase within 24 hours, amazing. |
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https://coin.dance/blocksBitcoin Unlimited - 49.3% SegWit - 34.0% 8 MB Blocks - 0.7% BIP 100 - 1.4% Bitcoin is going to the moon once we start mining bigger blocks!! The community has demanded it and here we are! When I take a look, just now and it shows ; Bitcoin Unlimited - 40.4% SegWit - 34.5% 8 MB Blocks - 5.1% BIP 100. - 2.9% Its constantly changing, and I doubt we even could get any conclusion, its endless consensus or endless debates with each other. We will stick to current bitcoin nodes/codes with 1Mb blocksize and it seems won't change any time soon. |
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I haven't placed all my funds into bitcoin back in 2011, which I obviously regret very hard (who doesn't, lol) but that is not the main topic.
Why I did not spend all my money, to buy-in bitcoin lately?
Take a look at yearly price chart, do you see anything interesting here? Yes, indeed. We are close to the all-time high on BTC price chart, and this is the most important reason!
To get my all funds placed into the most known cryptocurrency, I would need to see the price going far below 1000$ level, and still, that would not be a secure investment.
That is why I always choose to diversify my all investments! Never put all eggs into one basket, no matter what!
Correct this seems like the time to hold or to sell your existing stash of bitcoin but it does not seem like a moment to buy huge amounts of bitcoin especially since we are very far away to get segwit activated any time soon so there are no reasons to be bullish at the moment. Back in the early years of bitcoin development, everyone must regret why we don't know earlier or why I didn't buy bitcoin which I will be rich right now with just $100 invested in 2010. In that case, how much money that you willing to invest in bitcoin, 80-90%? Then, how about now, if someone tell you that in the next 10 years you will be rich with just $100 investment in bitcoin right now. I won't put all of my money into bitcoin obviously, but I'm willing to spend $1000 to buy bitcoin right now and wait for 10 years later. |
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I don't see any topics about this so here we go.
according to coinmarketcap.com when you sort the table based on volume, among the top 10 exchanges sorted by daily volume you can see 4 of them are BTC/JPY markets with a total of $36,444,090 volume currently for the past 24 hours.
although 3 of them have an * above them which can mean there is no fee (or some other thing) on these exchanges.
apart from high trade volume my main subject is the fact that Japan recently adopted bitcoin on a massive scale since it is now legal and a legit currency.
so what do we expect from all this in short or long term.
Just imagine what will happen if the whole of Europe or the USA declare bitcoin as a legal currency and not just as a commodity. Bitcoin will fly if you give it wings.... but governments are holding the strings that blocks it from flying. I recently asked a popular gaming site on their position on accepting Bitcoin as a online payment option and they said that they cannot do this until bitcoins are accepted as a legal tender.  Agreed and Japan seems to be the best country which has declared their perception about bitcoin as the king of cryptocurrency world. Japan exchanges has one of the highest rate of daily transaction and we expect for massive adopters in there which they might be adopt this technology. Unfortunately, other countries still doesn't state it as legal tender for daily transaction but development of bitcoin in Japan might inspire others to follow, hopefully. Maybe, other major countries will permit it if bitcoin become scalable and there is no transaction issue such as we have right now. |
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as an investor, people should have bought it when it was low. in other words you always buy when everyone is silent about the coin. and if you missed the chance to buy then you should buy as fast as possible then if you missed it again you have to stay away and watch the price go up to $50 and start regretting why did you listen to some FUD and didn't buy.
I bouught at $6.60, wish I would have bought when it was $4.00. I know a lot of people sold off a few days ago, because the signalling was going down, but things have changed in the last few days. I actually, held my breath and held. I am glad I did. Well, I know this coin has been around for a long time and I've never look so deep into its market in the past. What I realized was the price recently at this month, seems fluctuate a bit. I remember it may around $3-$4 within January-March and start to climb up during this month. People may regret didn't buy it last month when it was $4, as litecoin seems promising after Segwit activated I guess. But, maybe it isn't too late for purchase some coins. |
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No. Bitcoin can not be stable, because it is not controlled by anyone and depends only on user activity.
Is that what you think? In my own experience since i started use bitcoin in my daily transaction and see's what really happens on bitcoin i think 1 country had a full control of the price of bitcoin thats why the price decrease and increase that fast what do you think I would rather not think of this on a country basis but I do agree that such things are true since the population using bitcoin is a very small fraction of the entire world and hence they cant influence the price to change by huge amounts in a single month. So maybe there are some underground operations going on and the prices are being pumped by specific countries. Full control? I doubt it, manipulate maybe, but bitcoin has spread widely over the world which makes it balance in order to avoid big manipulation. You know, even a country that you mean start to dump bitcoin price fall down below $700, than it will be pleasure for others to buy bitcoin at cheaper price and it will climb up again. And, I don't think a country, it just some people who lives on that country and people won't do something stupid to ruin their bitcoin investment. |
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Satoshi Nakamoto quote:
"on: December 11, 2010, 11:39:16 PM"" 'It would have been nice to get this attention in any other context. WikiLeaks has kicked the hornet's nest, and the swarm is headed towards us.'
Current Core Devs are compromised.
Banks/Goverments thought about a way to stop Bitcoin, but Bitcoin can't be stopped not even compromising the "Dev Team" so they saw this block size debate and they saw the perfect opportunity to do it: if bitcoin can't be stopped: lets transform it into another of us.
Nothing with the same specifications as money created by Banks or Paypal alike institutions can compete with them, because they are and will be the best on their space, so converting Bitcoin into another one means anihilating it or stopping its rise, only a superior technology can kill them.
Segwit is created
Segwit plans to launch an off-chain network AKA fractional reserve system.
A lighting network AKA paypal scheme.
A high fees for on chain txs AKA bank wires fees.
And the above mentioned is the worst option this secret organism has in play; their best option is their 95% approval consensus that will never happen since 25% of miners don't even care about consensus, do you really believe segwit was really made to been approved? wake up!
Any lock or deletion of this topic is clear evidence of current Bitcoin sabotage by the well known secret entities.
Honestly, I do not know why you (and others) said or speculate that government hate bitcoin, trying to kick it out of the game. Bitcoin just a little currency compare to others official currency such as Euro, Pounds, USD. Bitcoin just provide another alternative medium of exchange, it won't harm a country instead giving great opportunity for many citizens to earn profits through bitcoin business. However, bitcoin value rated from fiat money and people need it in the first place then make bitcoin worth. We can't buy anything using bitcoin, so we do need banks and fiat money to fullfil/support bitcoin environment. Yes, I think SegWit won't ever be activated as 95% approval consensus cannot be achieved, so what we have to worry about? Core devs won't harm bitcoin for government. |
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Because it is currently very hard to get your currency (USD for example) out of Bitfinex due to some issues with their banking relationship. This leads to increased pressure to BUY Bitcoins in order to move the Bitcoins of of the Bitfinex platform. Since there is extra pressure to buy the price goes up.
Yes it is, bitfinex exchange seems to be crash without bank support. Funny thing, we always compare blockchain technology or bitcoin wallets with banks account, even some people say wallet could replace banks but in the end an exchange cannot works properly without bank support for deposit and withdrawal. So, customers have no choice except to buy bitcoin ini order to withdraw bitcoin out of this trouble exchange. |
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So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?
In that case, there is nothing left to say instead just let it go and try to recover it in another day. So, take the lesson and do not put all of your investment into one altcoins except for bitcoin which proven be profitable in the long term. If my investment on altcoins seems could bounce back, I will wait. This case will be happen if the altcoin was famous and always fluctuate over time. Different with new altcoins, it may never rise up more than its ATH and we have to sell or wait for years, I prefer to wait. |
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