Actually, BTC is already an international currency. It is used worldwide. This map could give you the idea on how much BTC is used: https://bitnodes.21.co/I dont think i can agree with you on that because it is not used worldwide but at some places only.\ You should google where it is being used at the moment. There is no definition what determines a currency as a global. If you take for example Euro, you can use it in most of the countries but some prefer to use USD, Chinese Yuan, Russian Ruble. But this still doesn't mean EUR is not considered global. It's similar for BTC. nope I think the definition is clear enough, the international currency is a currency that can be used in any country in the world while the euro can only be used in Europe alone? in contrast to the dollar that can be used anywhere because the whole world has long ago set the dollar as a global currency , looking at the possible definition of bitcoin can also be said as a global currency because bitcoin can be used anywhere in all corners of the world This is a very good point my friend! As long as you can easily make payment in a currency easily and it is recognized outside your country, I believe that makes it very much international. It may not have reached so many people yet globally but I believe every thing has a stage and takes gradual process. In fact the process is getting faster than expected, hence the many upgrades that has been done on bitcoin development. However, your point about Euro being used in a Europe alone, I disagree! You can easily accept and exchange europe in some other countries easily. |
|
|
|
I never really believe in superstition so I don't think that it would have an effect in gambling,if you're going to lose you will lose it's just about the luck and your skill.
If you do not believe in superstitions then obviously there is no way that it will work for you. Sometimes, you need to have faith in something if you want them to happen. Moreover, fear has an unexpected way of becoming true. Superstitions do work for many people and you will definitely come across such examples in your life. |
|
|
|
Gambling is indeed a game and games should be played for the sake of fun only. Whereas trading is a job, a profession where the trader needs to keep an eye on the changing prices every day so that they can make profits. It is a source of income with much less risk than gambling.
Gambling and trading belong to two separate leagues, like two parallel lines never intersecting, having nothing in common. Moreover, I don't consider gambling as much of a fun whereas trading is hellish challenging. A trader can use his skills for earning profits while enjoying the job at the same time. People who value their entertainment more compared to money and earning opportunities are choosing gambling as their option to go with. For them, earning and then securing their future are not important. |
|
|
|
Those people who have invested in bitcoins in the past are enjoying a cherished life today and if someone will save bitcoins today, no doubt he will be securing a luxurious future. The best is to place a bet with a little amount of BTCs.
Its always been advisable to save up bitcoin as much as we can and if we do decide to use it on playing gambling then just set out an ample amount which would satisfy our cravings for leisure.Im sure those people who lost lots of btc in the past are regretting as of now when they do saw that the price of each bitcoin is already valuable.This is why we should not tend to waste it as of now. Gambling with such a precious asset like bitcoins is also not supported by me. Some people say that they gamble in an amount of bitcoins that is equivalent to what they intended for fiat but unlike fiat bitcoin price keeps on evolving and this way the bitcoin gambler suffers more loss over time unnecessarily. I am sure after few years when a gambler will be calculating how much they have wagered and how much they have had lost. If those figures sum up into million dollars, I could not assume how their feeling will be. |
|
|
|
If you want grow your bitcoin and also you want became a successful bitcoiner then you should utilize every possible way. I mean you should trade, participate in signature campaigns, and, once you grow enough, start your own lending business. Good luck and proceed with caution!  I like that! Utilize every possible way!! Though it takes some dedication and some skills to be able to utilize all the possible ways but at the long run, they can be very much worth it. Over time, moving on, one can even look for some skills that are lacking and very much needed or only with few present and try to hone such skills and make some good earning for themselves at the long run. However, with respect to the lending business, I may still need to do some reasearch on this to know how it really works. |
|
|
|
i predict that bitcoin will go over 4500 $ again regardless of Chinese exchanges ban more Chinese move their bitcoin outside to bittrex\poloniex
$4500 by end of this month? I don't think it is possible at all, Chinese traders might not hold any significant amount of bitcoin when all of their local trading platform will close their operations. There is still not much buying pressure and people are just anxious to buy more. I think price will be between $3500 tot $4000 by end of this september. In controversy, I guess bitcoiners from China will find out new methods to trade and spend bitcoins even their local exchanges stop their services. Becasuse it had happened with many countries still people from those countries are still adopting bitcoins similar to how they were doing before. So, these dark clouds above the Chinese people will move away fro sure due to alternative way of trading bitcoins for their local currency. Backing to bitcoin prices by end of this month may get struck under $4000 levels but I am still confident that prices will hit $10k levels by end of this year. |
|
|
|
For a continued period bitcoin is experiencing major price correction due to the Chinese ban on exchanges, recently the WSJ reported bitcoin probably worth zero, all these made bitcoin to go down.
It is said that based on the exponential growth of userbase, adoption a long term price target of $100k can also be achieved in 2018 if the investors continue to adopt bitcoin.
i think we are in up and down situations until the end of this month because chinese have a plan to close all the exchanges and i think people is waiting what will happen later. bitcoin price is trying to gets up but it seems in the markets many traders is panic. but for a long term, i am sure that bitcoin price will up again. Those downs are always good for all the existing investors and new once too. I also anxious about the decreasing price of bitcoin but now thanks God the price raise again and I am sure that it will raise more and more with the passage of time. And according to the predictions the bitcoin piece will reach to 10000 US dollars till the end of this year. Let’s see what happened but is all about the investment and the trading in bitcoin. |
|
|
|
I don't experience loss very often because i don't check my holdings in cryptocurrencies but whenever i get a loss. I don't think that it is a bad thing that happened to me because in fact, i am good with it because i can learn new things that can develop the knowledge and the way of thinking by getting lessons from those mistakes or losses that will help me to become better.
That is perfectly a very lovely way to deal with losses. See everything as an experience and experience comes with knowledge to be able to make better decisions for the future. If I lose, I see it as a way to challenge myself to do better next time, and when I do better next time, it is a plus for me. It is normal that only a fool keeps repeating the same thing expecting different results but once you have done it before and you revise your decision to a proper one next time, it surely makes you get better. |
|
|
|
Im still a student, But if I were to have a salary, I would dedicate at least 10% - 15% into cryptocurrencies
I am pretty sure you receive some pocket money before going to school as a student. The fact that you are a student doesn’t limit you from purchasing bitcoin. In fact, if you are very smart, this is the time to start saving up for the future. It might be risky, but at your age, every risk you take now for your future financial freedom is worth it. Imagine getting out of school and you are already a made man ready to start building your dreams. Just an advise, please note that all decisions are in your own hands. |
|
|
|
Hi traders!
Does somebody here do trading in stock market and also trading in bitcoin? Which is more profitable and safe?
Thanks ahead!
Slow profit or higher profit with similar risk (that is how I see both now anyway). Which one would you choose? The only thing that makes stock different from bitcoin is that it is very much recognised but that doesn't mean you cannot loose money in stock market. However, bitcoin is becoming even more known and the awareness is growing every day with a larger audience each day and this is absolutely reducing the risk we may have. I think it is best to know that bitcoin like any other currency is in an open market and it is in our hands if we want to dump all or not. What we do now determine its value. |
|
|
|
I didn't dump my Bitcoin, I always holding most of my Bitcoin and just cashing out 1/4 of it everytime. Others are dumping Bitcoin because they are afraid that Bitcoin will not get back up, they are afraid when they saw Bitcoin is falling and never thought that it might go up again. As for me i've been in their shoes before when i was still new in Bitcoin.
The smart ones are of course looking for days like this and I so much love those 3 quick points you dropped. The truth is we can never stop people from dumping anyways. We are still in the initial stage and bitcoin is gradually getting noticed by the day and it takes some experience or information about bitcoin not to actually dump in the first place. Even on this thread, so many newbies were scared and asked questions what could be going on but at some point they had some balls to hold. Not every newbie had that opportunity and not everyone will. |
|
|
|
In 2013, I wished I was an early bird who bought BTC in 2009. In 2017, nevermind. Thank God I bought 4 years ago Actually, same in 2020  I regret the time that the price of the bitcoin is not yet expensive. I wished that I bought many bitcoins in 2009. I really want to have many bitcoins and sell it in the near future. You shouldn’t start regretting yet my friend! You should regret in few years time if you did not partake in today's value and you allow yourself to start dragging bitcoin's price with newbie then at its value. I have learnt in my life not to regret anything as long as I cannot make any changes to it. The most important thing is what am I doing now, to make sure that I don't make that mistake again ? Even if I fail, at least it is better to make an attempt than not making at all. With this one however, I sure know I ain't going to fail. |
|
|
|
The value of ethereum and all crypto is derived from the current market value of btc.
Historically, this has been true. However, I think some of the other major cryptos, like ETH, are slowly starting to decouple from BTC. A few years ago, bitcoin was the only crypto that could be converted to fiat, and everything else traded against bitcoin. That's no longer the case, now that major exchanges like coinbase support converting some of the other major cryptos directly to fiat. When bitcoin falls, almost everything else still falls with it. But when bitcoin is stable or increasing, some of the other cryptos take off. Look how much ETH exploded earlier this year. In percentage terms, there was a period of time when it was increasing a lot faster than bitcoin. You should keep your eyes on the crypto market, and as you realize that a specific currency is more valuable you should invest in that. The currency gains its value because of the people behavior and attitude. Where the people invest the price will go high and when the price of a certain thing goes high most of the people invest there. So it is all about the market cap and value that attract the people. |
|
|
|
Well I do panic like. "Ohw! The price of bitcoin falls for 2 consecutive days for about 500$, I need to buy some coins." Then two days later, it gets even lower. That's the time when regrets hit me   It is even very bad selling at this point in time cause any prediction may be wrong except you want to take risk. However, you may study the market and see if there may be some opportunity at that point, otherwise you may end up buying at the wrong position. You could have just followed the first china news and predict what happens, probably you would have sold then at $4500 like I did and be smiling when buying more now at every dip. However, every mistake is an experience to do it better next time. |
|
|
|
Well you're right, no winning strategies here but having systems like martigale definitely makes it more fun than just randomly placing bets, which can make the game boring the longer you play. I haven't really learned any other dice strategies aside from martingale and i haven't been enjoying dice for a long time since losing a big amount.
Random bets are better then some strategy in my experience. Dice game is simple game, but it force us to rise bets every time we lose and because of that many times I lost all my money. Martingale is the worst strategy ever invented, I tried to play martingale so many times with different amounts and I that always end up with similar results. I had few wins but much more loses with martingale strategy, and now I like to play dices without some wish to win big that is almost impossible in dices, I have fun I make couple bets and if I'm lucky good if not I stop with playing, before I thought differently but after so many hours spent on playing dice game I think is very hard to make money in dice game in long run. I guess you were right, random bets would be better if you are not lucky enough with the martingale strategy because in the long run you will be the one who will lost all of the money by doing the martingale strategy. I think you should use your main strategy as you are using when you are winning in some bets. Yeah I think even if you use any strategy or tactics in dice games the probability of winning will still be low since dice games is just based on your luck you can't predict what will be the result on every rolls of it. It's just luck based games so I think that it would be impossible for you to win against the house. Dice, slots and roulette do not offer any sort of strategies. These all games are random ones. So if someone claims that he has cool trick for anyone of these, just forget what he said. I have been playing dice games and tried to do analysis also but all was in vain. That is why I play poker now. |
|
|
|
I'm a customer of betonline (tigergaming) and don't want to use coinbase, even through an intermediary wallet, because they can and will trace the account, so where can I sell my btc?
If agree with my terms I can buy your bitcoins through almost any payment method, if you are looking for cash Money Gram and Western Union, I charge a 5% fee below on preev last price and you cover transfer and escrow fees. Very efficient, you seem to be well aware of the powers of bitcoins and a serious person who has big dreams and high goals. Bitcoins will be making you rich in the future and this is a very clever move indeed. The price is again gaining value, there can be a decrease but still it will be beneficial in the long run. |
|
|
|
Every business needs one plan first. Make a plan , study the market, read a lot, think what can you offer that others don't until know and then start applying your plan. That is a must for every business starter. There are quite a lot of ways to earn through bitcoin , you just need to be creative.
This is a very good way to start. Like I said initially, you need to have a plan and make sure you follow through. Opting into business without doing proper analysis will make you opt out so fast. Do you know how feasible your project is going to be ? Have you done a SWOT analysis to know if your business will thrive ? Do you even have a profitability estimate ? All these and more is what your business plan will answer for you. However, make sure you understand the industry you are getting into perfectly well first. |
|
|
|
I've no idea. Right now I'm completely befuddled. Bitcoin will likely do one of ony 2 things imho. 1) go back to 5k FAST. 2) go back to 2.5k FASTER. The 'ways' of bitcoin are mysterious to me. Yes many times did notice always downfall do happen quicker than upward surging. But I am not finding any possibilities for the prices to go below $3000 levels as restoration of bull run has already initiated and we may see $6000 levels in this rally so $5000 levels may happen within next week and by end of this month we may see prices nearing $6000 levels. As long prices are not breaking $2800 we never need to worry about drastic downfall and I am sure that breaking the big physiological resistance $3000 also will not be possible with current trends after China's regulations on various crypto initiatives. |
|
|
|
You mean holding?
yeah of course i'm currently holding bitcoin that i have and continue keep be patient waiting for bitcoin prices can rising much higher than now. And that's sure to happening, and i don't think my holding will not vain because it's there are has predicted bitcoin price definitely will soaring again in the next month.
You mean holding?
yeah of course i'm currently holding bitcoin that i have and continue keep be patient waiting for bitcoin prices can rising much higher than now. And that's sure to happening, and i don't think my holding will not vain because it's there are has predicted bitcoin price definitely will soaring again in the next month.
Already bitcoin has recovered half of its losses and I guess before coming Monday, prices may recover up to $4000+ levels. China's recent regulations on ICOs and crypto exchanges had triggered the down fall but only due to panic most of the traders decided to sell their positions and when they do see prices recovering then they will come back with more investments to restore prices to above $4500 levels. I am also hodling and I am sure in next 15 days we may see prices to test $6000 levels as part of bitcoin's journey toward $10k levels by December 2017. |
|
|
|
I have regretted selling so many of my altcoins for a rate that was below than the ICO price as well. They had been low for months but because I couldn't risk the money on the exchanges, I sold them at a low rate while now they've almost reached 5 times their original value. I lack patience which is needed when trading.
I would suggest you to invest it in ETH rather than an ICO. ETH was about $40 3-4 months back and now it's $330. With $100, you can buy atleast 0.3 ETH which would be a great investment.
ETH? Every single person now is buying ETH? will that raise its price? plus 100$ is good? or should I raise it? I think you're extremely a newbie to this world. Please don't waste your money by investing in something which you really don't know well. Ethereum's all time high price was $400 and it's price is $340 right now. Yesterday, its price was only $300. So decide if you should buy ethereum carefully. This is a very good advise OP and as much as the decision is in your hands, you should thread carefully. If you are not so sure which coin to buy, I will advise you spread your tentacles and divide the funds but I will go for bitcoin anytime anyday and probably use the profit on value increase to get some ethereum as time goes on. Bitcoin has risen in % far more than ETH in the past few years, so decide! And now that the value of BTC is down, you have the best time in. |
|
|
|
|
Show Posts
