Bitcoin Forum
June 22, 2024, 09:22:08 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 »
1  Economy / Speculation / Re: Is it too late? (To buy Bitcoin now) on: June 04, 2018, 08:37:49 PM
Not too late. Just buy. Mining is only profitable on a large scale and with cheap electricity.
2  Bitcoin / Bitcoin Discussion / Re: why do governments don't make BTC illegal worldwide ? on: June 03, 2018, 10:20:20 AM
Governments can ban Bitcoin, but the ban cannot be very effective. So, typically, they use other means to discourage Bitcoin ownership and trading.

But more to the point, what is the reason for these efforts to discourage use? Are the reasons and goals practical and legitimate?

Does Bitcoin present a threat to sovereignty, control of the domestic money supply, borrowing, inflation, foreign exchange or fiduciary institutions? Yes and No…

Gradually, lawmakers in some countries are beginning to perceive Bitcoin as more of an opportunity than a threat. There may be no need to dissuade citizens from adopting Bitcoin, even if the populace saves or spends it as actual stored-value cash and not just as a payment instrument.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: New to Crypto, Any Advice? on: June 03, 2018, 10:18:47 AM
1) Never sell for loss. Market is still evolving quite rapidly and there are more chances that your investment is going to increase from your buying price in due course even if it's at loss presently. A bit of patience will be fruitful later.

2) Never fall prey to FUD (fear, uncertainty, and doubt) and FOMO (fear of moving in). Remember that old saying - grass is always greener on the other side. Do some research and keep believing in your investment.

3) Alts always seem to go down when bitcoin is swinging wildly, no matter which direction bitcoin is moving. However, they catch up pretty quickly once bitcoin stablizes. Therefore don't panic sell if you see a plunge.

4) Prices almost always tend to correct/go down after a brisk increase or all time high.

5) No-one can predict the price of a coin, so, if anyone is doing so he must be misleading. Fundamental/technical analysis can help predict the trend though.

Above all, keep faith in the almighty, and your coins will MOON one day!!
4  Economy / Web Wallets / Re: What are the best bitcoin wallets? on: June 01, 2018, 04:05:55 PM
I use Secret Steel wallet backup for cold storage or with your Trezor, Ledger, or another hardware wallet to securely store your backup seed phrase. It is fireproof and corrosion resistant to securely store your seed phrase offline.
5  Other / Off-topic / Re: How wars can affect Bitcoin? on: May 29, 2018, 01:49:41 PM
I think war would create uncertainty and instability in the fiat and centralized currency markets. This in term might lead people to alternative stores of value like gold and hopefully cryptos.
6  Economy / Economics / Re: Why people are still buying BTC? on: May 28, 2018, 06:14:03 PM
If you notice there are plenty of other crypto currencies in the Internet. But you cannot buy other crypto currencies for US/EURO/etc. You have to buy Bitcoin first and then exchange it. In another words, Bitcoin is a reserve crypto currency just like US dollar for fiat currency. So until crypto currency is around it will be always demand for Bitcoin.
7  Other / Politics & Society / Re: What do you think of North Korea? on: May 24, 2018, 12:00:16 PM
I hate that there is a country with operating concentration camps and a system that punishes a entire family for one persons 'wrong doing'.

What i might hate even more are the delusional hipsters who think its a cool experience to visit and fund this kind of shit.

I truly hope some day soon North Korea will be free and reunited with South Korea with (financial) help/support from China, Russia, EU, America and Canada.
8  Bitcoin / Bitcoin Discussion / Re: The future of the Bitcoin on: May 24, 2018, 09:04:35 AM
It's going to crash... right after it crashes I am dumping my money into it.
9  Bitcoin / Legal / Re: Criminals and Bitcoin on: May 23, 2018, 10:55:32 AM
The US dollar is used by criminals. Pablo Escobar built a billion dollar cocaine empire without having access to bitcoin.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: New to Crypto, Any Advice? on: May 22, 2018, 08:42:58 PM
Buy because you believe in the technology and the team and the community. not because someone on reddit or youtube mentioned it
Buy SafeCoins (BTC, LTC,ETH) and Mid-Risk Coins (DASH, BTS, ANS, XRP, ETC...) you know the top 20 coins.
Don't buy ICO as if you know shit
Buy during US / CHN Market hrs, more volume more dips and highs
Don't be an idiot and think you know how to day trade
Buy for the long term (it's not 3 mths/6mths. it's 3 years or 5 years )
Don't buy all at once. Phase out ur buy wkly/mthly. e.g. i want to invest 30% on whatever coin into my portfolio. put in 5% 6 times over 1/2 mth period. put in more during dips. i know you just started and you want to get in in the action quick. but do take this time to understand this market cause its fucked up
Be Brave and HODL when shit gets bad
Learn how to use a Wallet
Dont Buy shit coins
Always use 2 Factor Security
It's okay to buy and sell reading the news and picking up whats trending
Don't Invest in what you can't lose
11  Bitcoin / Bitcoin Discussion / Re: Why Media is negative about Bitcoin? on: May 22, 2018, 08:24:41 PM
What do you think gets more views/clicks/purchases?
-Bitcoin dips, but remains at +70% this month.
Or:
-Bitcoin down massive 30% in a single day! Bubble burst!

It's all about money. Everything is about money. And as long as #2 gets them more money, it's not going to change.
12  Bitcoin / Bitcoin Discussion / Re: HTC Plans to Ship a Blockchain Phone This Year on: May 18, 2018, 10:26:47 AM
For those of you who would like to there is a reserve function available they have not released prices or the release date yet they have just announced the phone but if you want you can reserve a phone without any commitment other than your email here

https://www.htcexodus.com/#reserve-now
13  Economy / Trading Discussion / Re: How Much Should You Invest in Bitcoin? on: May 17, 2018, 10:38:01 AM
If its money you can afford to lose, do your research on the various coins out there and diversify your risk. Hold and forget, look back on 31st Dec 2018 and smile..
14  Bitcoin / Bitcoin Discussion / Re: How long Bitcoin can survive in cryptocurency industry ? on: May 17, 2018, 10:12:42 AM
Only a handful will survive. None of us know which those will be. It's likely that the biggest impact will be created by something not yet in existence.
15  Economy / Economics / Re: Is Satoshi is dead,If not where is he now on: May 16, 2018, 08:45:38 AM
I think he or they were smart to leave when they learn about the CIA interview.

And keeping a few BTC on the side wasn't anything special, no need to move the early coin at all, they will remain there...

It could have been Hal Finney alone but I doubt this, however there was way to many guy related to digital money in that forum for this being a random occurrence and why post a digital cash paper in a crypto forum the paper was meant to be discussed between cypherpunk.
16  Economy / Speculation / Re: why bitcoin is volatility? on: May 16, 2018, 07:48:56 AM
It's a cycle. Media hype train. Normies buying at ATH. Inevitable dip. Panic sell. "bitcoin is trash"

People need to stop treating bitcoin (and crypto in general) as a get rich overnight scheme and more like the long term tech revolution that it actually is. Hop off the hype train and research, people. You will be wiser for it. If you want to gamble go to Vegas.
17  Other / Beginners & Help / Re: What is the best hardware wallet on: May 15, 2018, 08:24:24 AM
Ledger nano s software checks the device every time for integrity. Amazon is fine.
18  Bitcoin / Bitcoin Discussion / Re: Fundstrat:"Bitcoin will cost $64'000". on: May 14, 2018, 01:35:21 PM
I'll guess 100k before 2019 hits. What do I get if I'm right?
19  Economy / Economics / Re: What's Your Favourite Economic Book? on: May 13, 2018, 05:20:10 PM
I like Naked Economics by Charles Wheelan: https://www.amazon.com/Naked-Economics-Undressing-Science-Revised/dp/0393337642

It is just a good intro book on some basics with examples and it is fun to actually read, so you absorb more of it.

There are allot of topics within Economics so after you explore some you should have a better idea of what you want to focus on.

If you like the Simpsons, Homer Economicus is one of my favorite "economic" books, but I am definitely biased on that one. https://www.amazon.com/gp/aw/d/0804791716/ref=mp_s_a_1_1?ie=UTF8&qid=1484673928&sr=8-1&pi=AC_SX236_SY340_QL65&keywords=homer+economicus&dpPl=1&dpID=51etTg6WQLL&ref=plSrch Really just entertaining with a little learning.

Anyway good luck.
20  Bitcoin / Bitcoin Discussion / Re: Buy and Hold vs. Market Timing : Which is Better? on: May 13, 2018, 04:44:14 PM
No research.... just my experience which has worked well for me. So it's probably not worth much. I'm a buy, hold & monitor guy for individual stocks that I've analyzed as a long term holding...but I buy or add during dips and corrections so I can get a buffer and own them at a lower cost. I'm always invested and have cashflow from my job and dividends so I don't mind building cash positions and then deploying when opportunities show up and they always do. If the market goes up, the portfolio goes up. If it goes down, then deploy dry powder. Isn't that market timing since you are trying to time the bottom?
Pages: [1] 2 3 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!