It hasn't stayed over $1000 entirely, but it's good to see the the price remain over $1000 for a while. People have to adapt to seeing the price at these levels as they were used to levels a few hundred $ lower. It will take time before people gain enough confidence to support these levels. I wouldn't be surprised if the price happens to fall back below $1000 again. Price range should be somewhere between $900 and $1100 in the coming weeks.
$200 is a very huge range even for bitcoin!and price has been staying above $1000. the temporary mini dump that happened once or twice are just it, a mini dump and temporarily corrects itself. and as time passes while staying above $1000 this price support is becoming stronger. and the range which we have right now is between $980 bottom and $1050 Not for the Chinese traders. In times when there is an opportunity to buy or some news that causes a panic the Chinese traders never fail to do very large market orders exacerbating the situation more if it is going down, making the situation if it is going up if you got in at a lower price. There will be times when a $200 range is small and there will be some market conditions that it is the average. |
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Is it time for you to add new coins to Bitsane now?
A number of new exchange sites have begun to list coins that have an impact on the market.
Even those that have not even entered the market. In this way, the site is showing a high volume of ads.
I don't see the necessary to Bitsane add new coins. The site works with the most popular and that's enough. Yes. Absolutely, There is no meaning in adding new coins and manage them without even having a guess about their future. Bitsane already has the important ones and it will be best to be in them. Bitsane can add if the coin is really worth for exchange. I think for a New exchange like Bitsane, adding New coins can be helpful as it bring new investors associated with the new coin. This will really help the new coin owners too and exchange itself. They can start the voting system to list new coins and also make a rule that if there is not a set minimum trade for a coin, that coin will be delisted. This will keep the exchange clean with useful coins only. Depends on what coin. I like Bitsane how it is right now. Only the good coins are listed even if they are still lacking a couple more. In my opinion they should have trading with 0% fees. Many active day traders are looking for it ever since the Chinese exchanges have removed them. |
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OP I am still doubtful. Bitcoin is so volatile that we can see it go down to $800 in a matter of minutes like we did in the past. Sure hold your breath but also expect the worst. I have been thru so much disappointment with Bitcoin and it has made me numb no matter how high or low it goes. I just buy whenever I think the price is low.
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OP's graphic is a reminder of what we need: ways to transact more, on-chain, cheaply (or free if possible) and occupying less resources. All of this goes in hand with the ideas Bitcoin was conceived with.
But wasn't a transaction layer built on top of Bitcoin in the cards? Well there it is. Segwit will make it possible for a layer to be built on top of Bitcoin and make it better. Now they are trying to block it? Read the pros and cons franky1 posted. You may agree or disagree with it but what LN gives the users is a choice to go for offchain or onchain transaction depending on their needs. |
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Base on my personal expeirence I will say to you to please try trafing and experiece the beauty of it ! you dont have to start on large amount of bitcoins a little will do so you can familiarize the market ! You just have to e smart , study hard and have a lot of patience and I am pretty sure you will get the profit you want in trading
The beauty of it? Ok what is "beautiful" about? The profit? The art of trading? Your love for it? But before you answer us please post your trading performance. Results matter in trading. It is very easy to come here in the forum and say "I love trading, I am a winner" like you were a super trading genius or something. |
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It's relative. Investors determine the price and mass adoption is how sad it sounds part of what the market wants... in this case the investors.
the only things that can affect the mass adoption are the ability of bitcoin to handle the large number of transactions. and then it is the willingness of the investors to spend bitcoin or just trade it. and as long as they are not spending, no mass adoption and no merchant is coming in. This. I believe HarryKPeters himself does not understand what he was talking about or if he really did care what the topic was all about. He might have tried to answer as best as he can and still missed the target badly. Mass adoption for Bitcoin is a lost cause judging from what is going on today. But it is still very useful in the dark markets. |
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After reading many news articles and blog i will tell my view over "Mass Adoption"
In this context Bitcoin became part of a larger question of payments innovations within the financial industries – an interesting angle, Bitcoin is an entirely separate system, representing the future of finance.
To Mass Adopt bitcoin will need help of more consumer-friendly Bitcoin services. (in all aspect of merchandise)
You could not be more wrong. Even if developers created consumer friendly Bitcoin services which markets do you suggest should it serve? The same markets that are serviced by the banks? How can Bitcoin compete with that and how can it make it more efficient? The people would still use their banking services because it is the most efficient and the easiest. The unregulated markets is where Bitcoin will be useful because the banks do not have a service for them. Places like the dark markets, the black markets, the ransomware markets. Anywhere where there is an inefficiency in payments that the banks refuse to enter will be useful for Bitcoin. I hope everyone gets it. |
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Prices mentioned by the last one is worse than FUD itself. But if Segwit does not activate and if transactions take more than 2 or 3 hours just to get 1 confirmation then we could see a slight loss in interest that will make the price fall and fluctuate maybe between $600 - $800. Consider the situation if the mempool transaction count regularly reaches 50,000 on a weekly basis.
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someone please let me know
bad things ended or not?
I have a small payment, and it has not been done
That's bad
The "bad things" will not end unless Segwit is activated by 95% of the miners. This is what I think could happen. Because of the extreme slowness of the network in getting transactions confirmed many people and businesses will start using and accepting the next best coins. That could either be Monero or a Segwit activated Litecoin. Bitcoin's price will go down very low due to some whales dumping. That will make the miners panic and activate Segwit. Core wins. |
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Of course it is worth to do trading. But you need to have patience and the knowledge so that you will not lose (well it's a risk) in the long run. Making profit is your goal here but you have to remember that it's not an easy task you also have to invest time as well. So if you have the time and the bitcoin to trade then get your hands on it and try.
yes i also think so that still it is the best time to trade bitcoin, because the price is still trading in a low value as compare it to its potential value. people are no interested to buy bitcoin and those people who already have bitcoin they are not going to sell their bitcoin for any cost. they are waiting for the price to increase more. so i think those people who are going to trade bitcoin in the present time, so they are still in benefit. Before we listen to you can you please post your trades so we can see if you are a winning trader or not? Who are you to say that the "price is still low compared to its potential value"? Are you a Bitcoin expert or an economist? You have said nothing that compels the people to follow your advice. |
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Choose recommended fees if you care abiut the confirmation time, but I am mostly sending my money to other wallets that I own and I really don't care about it.. so that's why I am using just 0.0001BTC in fees for all transactions, and they get confirmed in about two days.
Two days?  That made me laugh when I read your post. Even if you are sending your Bitcoins to your other wallets it is still not an excuse that it takes 2 days. Are you happy with the state of Bitcoin now? Are you ok that the mempool transaction count keeps going at 60,000? If Segwit does not activate this will be a regular situation. |
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Until BTC core devs actually fix it , Check the # of unconfirmed transactions 1st https://blockchain.info/unconfirmed-transactionsIf the number is over 10 thousand then all you can only do is the following: Pay an insanely high BTC fee or Use an alt like LTC or Eth instead (Cheaper & Faster)There are no other options at the present time.   There is always a third option, to wait. It will take few hours but it will go through. It is not like we use bitcoin to buy food from grocery shop and need ultra fast confirmations for that. But I agree, something needs to be done about this, this fee war needs to stop. You can't use argument that bitcoin is dirt cheap to transfer anymore. That is still not an excuse sadly. This will not be good for the price and for the long term interest from its own real users. Meaning the buyers and sellers of the dark markets not the buy and holders. That is one of the biggest part of Bitcoin's economy. Alphabay sellers have started accepting XMR, if more dark markets accept it because of the lack of Bitcoins's development in fixing the growing problem of transactions always taking hours to confirm expect no. of users to fall. |
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..so nothing is going to be done... STILL?  The miners have the power and it is in their hands now. They could go for a soft fork and activate Segwit or agree to do the hard fork and go for Bitcoin Unlimited, Classic or XT. Maybe they are waiting for Chinese developers to make a new implementation and go for that, who knows. Maybe Satoshi should have used a Chinese name instead. |
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yes it is still worth it but to get more profit we have to concern for altcoin too not only bitcoin because sometimes bitcoin price movement was very slow and hard to get profit from it but altcoins trading also not really bad because if you found the exact altcoins which have potential to grow with very fast the profit will very good and it works for me all this time
Can you prove that trading is worth it by showing us your trades as proof? I know a lot of the time, most of you are not telling the truth especially when profits in trading are concerned. 90% of "traders" lose money and the winning 10% mostly do not post here on Bitcointalk. So that means a big majority of all of you who said that trading is still worth it are either losers or are not active traders at all. |
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Sh*t! It's happening again! We really need to increase that damned block size! I've been waiting for more than 6 hours for a transaction to be confirmed, and I'm shocked to see there are more than 50,000 in the queue. https://blockchain.info/unconfirmed-transactionsWe need SegWit, or an urgent block size increase. For the sake of BTC, something needs to be done, fast! Spam attack. Its proven. What we need is a new brain for you. Welcome on my ignorelist. Segwit is a great tech, because of smart contract abilities. "Segwit because of smart contract abilites"? Do I need a new brain too? Because I did not know Segwit also opens the doors for smart contract implentation for Bitcoin. Maybe it is you who needs a new brain for not doing any research. |
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LTC may not be , but at least it is working.  Funny, how you BTC shrills call everything fud, instead of working toward a fix. Ever think of getting the issue fixed or are you guys incapable of that. 1 hard fork with a 4 mb blocksize and you would not have to lie and call fud all of the time. That does not change anything, sorry. Bitcoin is still number 1 and will stay there for a very long time. Talk to me again once Litecoin gets past the ponzi scheme stage and develop its own economy like Bitcoin. If you look at the whole cryptocurrency landscape, right now Monero has a better chance of success than Litecoin. Welcome in my ignore list. |
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Well here in the Philippines we can buy some bitcoin instantly and we don't need some Identification card,
We just have to use the coins.ph wallet and buy some bitcoin using 7/11 then go and show them the code and pay for it.
Actually i have also registered on coins.ph few months ago but it looks like they need Philippine citizenship to get verified or to do any sell/buy so this can't be good option for everyone. @OP cex.io have option to buy bitcoin with credit/debit card.You are not so smart are you? If you buy with your credit card or debit card then the more need for the person to verify his or her identification online, something which the OP is trying to avoid. Before posting anything please try to understand the context of the thread. |
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FYI:
BTC better learn from what happened to ixcoin, when their large PoW miners dropped off it was only finding a block every few days.
You cannot really think that do you? Bitcoin has already reached critical mass where it already has passed the ponzi scheme stage and it is already entering a stage where it is already has a circular economy. If the big miners drop off that will be a welcome opportunity for the other miners waiting in line to make up for the gap. So it is not really comparable with Ixcoin. It is a security Vulnerability nothing more nothing less, Since BTC only updates their difficulty every 2 weeks, Any of these scenarios could activate the issue that could cause blocks to be found intermittently. 1. Large ASICS manufacturer drives up the Difficulty and then disconnects to cause a crash in BTC price (Shorting the Price of BTC to make money.)
2. Someone physically damages the internet connection of a few of the largest mining Pools at the same time.
3. Natural disasters such as tsunami take out a few large mining pools
4. Hackers or a rogue governments DDOS the largest mining pools for a few days to prevent them from staying in sync with the networkThe Solution so this is not an issue, is simple and the majority of alts have already implemented it , change the code so the difficulty is recalculated per every block instead of every 2 weeks. But BTC core devs are too busy trying to get the altcoin know as LN to take over BTC to fix any onchain security threats. After this post it is hard for me to take you seriously. You are only trolling and spreading FUD especially with you telling everyone to abandon Bitcoin and hold Litecoin instead in a post right after this. You have exposed your hidden and real motivation for doing so.
FYI:
If you need to transfer fast , either pay an insanely High BTC Fee or just use LTC instead.
LTC is faster & cheaper with none of these headaches.
You are funny. Litecoin will never be as big as Bitcoin. You are getting desperate. |
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The FUD due to the Chinese regulatory agencies on exchanges proved to be something temporary, just as I was speculating a few days ago. In the end, this is something that has no impact on most people who use and trade Bitcoin, because there are few who use bots in comparison to the number of ordinary users.
I agree with you. There is very minimal impact in reality. I read an article on Coindesk that said many traders are switching to trading stocks because of the removal of the trading fees by the Chinese exchanges. I call it a crock of crap. We all know that the Chinese exchanges create their own fake volume by buying and selling with themselves. With that gone nothing really happened. |
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I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?
In my opinion , It is to be better to do trading instead of doing nothing , because day by day people are exiting from trading but less numbers of people are entering in the bitcoin , So making deals , means buy/sell altcoins speedly , became slow . Because the reason , that trading is much legit way to make money than other ways , So I will still prefer trading is good and best and also will remain best . It may be possible that profit in trading became low and slow but earning profit is sure . Before you say such things and appear dull witted. You should consider who you are giving the advice to. If you give this advice to a person who does not know how to trade well, that is almost everyone in this forum then it would be better for "almost everyone" here to do nothing instead of continuing losing their Bitcoins in the exchanges. |
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