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Have lost so much money on coins that doesn't work well for me. My flaws are I'm impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
If it does not work for you then this is the time to stop it, there is not much of a point to do something in which you are not good and even worse in which you are losing so much money as you describe, so take sometime and see if you can correct your mistakes and if you are unable it may be a good idea to leave trading definitively. |
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Either way, it's good to finally see some green.
What do you think? Is the start for markets stabilizing finally?
To me this is just the market stabilizing itself, I do not see a reason to be bullish about the news the only good thing that it came of that was we were not going to see a ban of cryptocurrencies and that is something we have known for sometime since even if they tried to do that they will fail. |
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Selling Bitcoin could be beneficial especially when the rate is high. However the timing here is very crucial and you need to also trade in a hefty amount to earn a decent profit.
Many people think that if they sell their bitcoin they can earn a fortune and earn a lot of money but it is never that easy you need to understand the timing is very important in its impossible for everyone to get it right all the time. |
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Over the years there have been a lot of crypto-based-based projects where the business owners offer shares in the form of coins they produce with different kinds of promotions including bounty programs, until when will the gift program remain?
It depends on what you mean, if you mean a particular bounty then the one that decides is the owner of the campaign if he decides that he got enough exposition he can end the bounty and pay those that participated in it, but if you mean for how long the bounties are going to remain in the forum this is something that only the owner of the forum can decide. |
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What do you think would happen to the rest of the currencies if for some reason bitcoin were to crash and the price dropped to 0?
Then most alts will go to zero as well only a few altcoins will survive but I do not know for how long such projects could survive since most people will withdraw their money out of those coins as well in an attempt to try to keep their money, most likely we will need a new generation of coins to try to make people optimistic again but it is entirely possible the market never recovers from such a thing. |
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....is their complete dependancy of Bitcoin. It really takes all the fun out of crypto trading.
No matter what kind of awesome progress some altcoins make....it doesn't change the trend upwards if Bitcoin doesn't allow it.
Pump and dump groups I also blame. Because of them I'm very positive that Bitcoin won't make it past 30 000 this year. 50 000 to 80 000 would be realistic without pump and dump groups dominating and controlling the prices.
Anyways, these things have to change somehow. The first altcoin developers who claim their absolute freedom from Bitcoin will be the real winners of this crypto game.
A coin can move independently from bitcoin but they need to reach a certain price if they do not then it is logical they follow closely the price of bitcoin, you need to deal with it and accept it trying to deny such a thing is only going to give you losses in the long run and if you are like most investors then I suppose you are not here to lose money but to earn it. |
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It was not true, not all coins are literally dying because they perform and execute a well performance in the industry so all things that tells them negative are not true and only intention of it is to ruined their image.
Only some coins show growth at this time, these coins can be counted on the fingers. If you look at the crypto currency market as a whole, then the situation is sad. Many good coins lost 50% -70% of their price and continue to fall. Nobody knows when it will end.  Many coins do not deserve to recover, the most successful projects will recover and become even stronger after this but there are many projects that have nothing going on for them and do not deserve to go back to their previous prices since they are scams or at best very over hyped projects with nothing to show for such a big market cap. |
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Watch out for Cryptopia!!!!
I have traded many times at different exchanges but at Cryptopia: now no credit 3 times in a row.
They steal your money!
They do not credit your account and do NOT respond at Twitter or email.
The accusations are very serious are you sure it is not something that is only happening to you for some reason instead of a generalized policy because that is the way you make it out to be and if that was the case the forum will be filled with threads like these and people very mad that they are not able to get their money and yours is the only topic I see about that subject. |
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Do you guys think this is going to be huge for cryptocurrency or just a KFC marketing scheme?
It is a marketing scheme since I do not think that is going to sell a lot of chicken but at the same time why they are doing this, could it be that the CEO of KFC has some investments in bitcoin that he is not talking about and that is why he is doing this. |
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I do not know 40k seems to be low, I have the expectation that bitcoin may even reach 60k in their year, may be not for long but for a few days before the price goes down again, about the altcoins I agree most altcoins are just trash and will disappear sooner or later. |
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I just always wonder if those billionaires still invest in btc. Do they even know btc exist?
No people invested in bitcoin and then became billionaires is very likely billionaires think it is too late to invest in bitcoin and even if they think they can earn money with bitcoin they are probably going to try to create their own project and obtain profits that way. |
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Faucets are waste of time m8.
I wasted half year of my life solving captchas and I was fooling myself that I am earning money while I was earning shit.
Better find other things to do such as trading/mining/signature campaigns.
Yeah and it has been like this for a very long time but every time the price of bitcoin goes up the reward from faucets goes down and it becomes even more useless, at least in the beginning the faucets gave a good amount of bitcoin and if you held you could be already rich if you claimed from faucets in the early days but that is impossible to do now. |
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When this thread was created bitcoin was worth about 700 dollars, now a little bit more than a year later bitcoin is worth more than 8000 dollars so anyone pulling 0.1BTC a month is able to give advice on how to earn that money thanks to the reevaluation of bitcoin.
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John macafee tweeted last month that bitcoin will hit 500,000$ in next 2 to 3 years whats your opinion about that? are u seeing this or not??
Unless the whole world enters some kind of economic debacle I find those prices to be outside what I could consider possible, if we reached those prices then almost everyone here will become very rich but we will need a massive bubble for that to happen. |
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Different people have different opinion but I think bitcoin is new part of strong currency. We need some help from government or national security for monitoring and providing strong security for those people who are working into this sector. Even more people are affected by various criminal attack that reduce and demotivated to work in online earning.
Now times are changing by the help of different online currency trough which people can earning money and invest these money in different sector for the purpose of getting profit.
In future proper security and more effectiveness of virtual currency can contribute economical development.
It seems you do not get the point of bitcoin, bitcoin is a way to get far away from those institutions the last thing we want is for them to try to protect us, and if they do you can be sure it is just a ploy to deceive bitcoin users into giving up their privacy and freedom. |
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Bitcoin is somewhat stable but not for more than a week. The current price fluctuation is a result of panic selling and smart investing from the investors. We have seen a huge price rally in the last quarter of the last year and now the correction is taking place so we are in the turbulence phase and I don't see any reason to worry considering the long term.
That is the definition of begin unstable don't you think, after all if the price of bitcoin keeps moving every week and it does in such a big way then we cannot really say bitcoin is stable at all but this is not going to change in a long time so if we want to invest in bitcoin we need to get used to it. |
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Getting a job is not possible for everyone, not everyone has family or [friends] to help them and sometimes they will make the bad situations even worse them. If you've ever really needed money and were very desperate, than you probably know that people would let you starve to death rather than give you $5.
It's weird how people won't toss out just a few dollars to help someone in need, yet they'll spend $10000 or more on their pet that has an average life span of under 5 years.
But then again, if you give the person in need money, they'll keep coming back for it. It's a real crap shoot
Most scammers try to use excuses to justify their actions buy you will find that most people that scam are bad people, they do not really need the money because they are starving they want to obtain luxurious things and they know they cannot get them with their own effort and that is why they steal the money of others. |
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Just that... do you think there is any re-distribution effect at all due to bitcoin?
There was a redistribution effect but that was in the earlier days of bitcoin now if you want to get bitcoin you either need to have a lot of money or to invest a lot of time and neither of those both options are easy at all. |
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all these scam-ICO very much shit, others, the people are inactive, I know for sure that the majority of Russian ICO is exactly scam, I have not yet encountered a single sensible project
The amounts of scams is increasing and it is not weird to see why, the money currently riding in crypto is many times over that amount of money one year ago, so scammers are seeing an opportunity and are trying to make money by scamming people. |
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So last night I attempted to buy Bitcoin with my Capital One credit card and I was denied. For the record my account is in perfect standing. I use my card very often, maily for business purposes, and always pay my my bill im full. My payments are never late so overall, my point is I’m a long time and very upstanding customer. That being said Capital One has wrongfully, possibly illegally denied my Bitcoin purchase under the pretense of fraud. This is not my first purchase of cryptocurrency as I have already made sed purchase 2 times within the past month. So I called Capitol One’s customer service in order to properly verify my identity and get on with my purchase, only to find out that “fraud” played no part in why they wouldn’t allow my purchase. As it turns out, Capital One decided JUST LAST NIGHT that in order to avoid cryptocurrency damaging their business they will not allow purchase of Bitcoin, and from what I understand, any other cryptocurrency as well. This is completely wrong because they have made a decision that makes me unable to make money without my consent. I did not ask for a second mommy when I signed the customer agreement with Capital One. They have no right to tell me how to spend and make money. Then they tell me that they still won’t allow my purchase or do business with the Bitcoin company because it is guaranteed to lose money. Yet if I wanted to invest in the stock market, even in a failing company, that would be okay? If I wanted to spend $5,000.00 on a tv that is worth $500.00 and can verify my identity and disprove any allegations of fraud that’s my perogitive and they cannot tell me otherwise. After being on the phone for at least 30 mintues the only help I could get was a “supervisor” assuring me she has filed my feddback and would “push it right up the chain”. We all know how that goes…. Will I get a call back about it? Probably not, instead I’ll have to call back and chase this down and fight hard to make a purchase. And I will fight to be compensated for the money I lose during whatever amount of time it takes to fix this by any means necessary because this is completely wrong. SO TO EVERYONE AND ANYONE WHO IS SMART LIKE MYSELF AND WANTS TO INVEST IN CRYPTOCURRENCY: DO NOT ALLOW THIS TO HAPPEN. THIS IS NOT THE LAST WE WILL SEE OF THIS ATTEMPT TO TAKE OUT CRYPTOCURRENCY. They are scared of how much it will hurt them if more and more people do as I do and invest in cryptocurrency. With no regard to myself, my well-being or my choice to invest in persuit of profit they have wrongfully made a decision on my behalf to control what I can and can’t buy and that is wrong. It is my decision and no one else’s and win or lose, given my track record, my bill will still be paid as usual. If you have the same problem please DO NOT LET THESE BIG COMPANIES GET AWAY WITH TRYING TO STOP GROWTH OF SOMETHING GREAT AT OUR EXPENSE! THOUGHTS OR PATTERNS?
A few days ago it was published in the forum this is their official policy and they are not going to change it for a single client, so cancel that and buy bitcoin in other way, remember if the money is in the bank and they can do this to you then that means they think that money belongs to them. |
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