Bitcoin Forum
May 27, 2024, 06:20:46 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: Invest on Bitcoin now or wait? on: October 04, 2018, 11:47:53 AM
better you can invest in bitcoin right now because if you are not investing in bitcoin and waiting too long to be able to invest in bitcoin it will make you lose and will make you run out of time and not be able to enjoy the time to get profit.
I also hopeful about the future of bitcoin, but the current situation tell that in this year it is not possible because of the rough market situation. Everything is red today and there is no green signal in these days. Therefore I think the price will increase but it will take long time. Now people are optimistic that the next year 2019 will be good for bitcoin.
Current conditions are indeed in a bad condition. There are so many steep cliffs in 2018 and this is very different when we see 2017 where Bitcoin experienced very good development. But don't stop hoping because in the end we are all sure that crypto will become an era in the future so that other Bitcoin and coins will be very likely to experience development next year, 2019 hopefully it will be a good year because it is the best opportunity to be able to continue to develop the market crypto to go to a much better era and increase in coin prices is something we look forward to.
If you are serious about your investment in cryptocurrency and patient and have the courage to bear the loss due to fall in the price then it is the chance to buy some bitcoin today, because the price is low and you can make handsome money in the near future. May the price rise in the coming month and if you do not buy today you will miss this golden chance.
2  Economy / Marketplace / Re: I SOLD ALL MY BITCOINS on: September 28, 2018, 10:20:19 AM
Now good time to get back in! Wink
Yeah i think it is not the time for selling coins but it is the time to buy more and more became the price is very reasonable and you can make goof profits in the long future. If you have made some profit, you should invest it again in bitcoin. Don’t miss this opportunity. In the future, you may never find this golden chance to buy bitcoin for such low price. Do not be panic and go ahead.
3  Alternate cryptocurrencies / Speculation (Altcoins) / Re: This is when I bet all into cryptocurrency on: September 27, 2018, 11:37:16 AM
I'm also on the long term side of crypto. The people like me, we want to play the long game.  The future is still bright ahead and the FUDs are just here really to slow us down and nothing could kill this market that can reach trillions of investments.
Usually, at this point, it seems the optimism is brewing up and then we are getting to see some of the alts take some pretty good bounce, but until we see the outcome of things and maybe stamp some higher highs and higher lows in most of the altcoins before we can finally start concluding that things are about going to the upper side.

With bitcoin market, it seems there is still a whole lot of uncertainty at the moment and it is better to chill and see how things would turn out before making any huge move.
4  Economy / Gambling discussion / Re: Does convince people to enjoy gambling is a wrong idea? on: September 26, 2018, 12:34:00 PM
I felt guilt for convincing the people to come into gambling when some of my friends I invited them for gambling got addicted very soon so we need to pick the right kind of peoples for making them gambling if we have the poor people to make into gambling then it may affect them and their family life.

So I think you need to help your friend if somehow he becomes an addicting person in gambling because you are the person that convinces him to enjoy gambling. Maybe he cannot get what the meaning of enjoying gambling and makes him continue playing gambling and makes he lose his money. No matter what, he still your friend and it is your duty to get your friend and leave the gambling games. And if we want to convince people to enjoy gambling, we need to select who is the right person that can know what gambling games are so he can avoid becoming an addicting person in gambling.
Convincing people for gambling means that you want to destroy the life of a person and also promoting silent crime. With this silent crime other crimes take births and these crimes are not silent. You should think that if you can convince somebody for gambling why you do not try to convince someone for cryptocurrency investment. It is far better than gambling.
5  Economy / Speculation / Re: I personally think bitcoin is bullish right now. on: September 24, 2018, 06:42:29 AM
I know people have been saying that since forever. This whole year people have been yelling ''bullish'' every day however, memes aside I truly think bitcoin is bullish. Obviously we are in a downtrend but I just find it funny when people lose their minds because bitcoin went from 7400 to 6700 in a day when in december we had $3000+ moves to the upside. No one was complaining back then huh? Technically speaking when you look at the weekly/daily chart you can see we are basically in a descending wedge which is, technically speaking, a bullish indicator. We have been forming weekly lower highs all year, however if the support area around 6000$ holds again this time, we will be in a really good position to actually break the lower highs, we would only need a 1000$~ move to break it for the first time in basically a year.

Not to mention the clear interest, governments/entities/businesses are taking in bitcoin. ETF's, Nasdq, etc etc, even if they aren't approved.

I still think that we've got some more space to go potentially before we finally hit rock bottom in this bear market.

And even if we already have established the bottom at $6k, it's very likely that we're going to see further consolidation at this level for at least several more months until the end of the year, before a recovery actually starts happening.

For one, market sentiment is bearish still, and even though institutional investment is coming in, people generally do not react that positively to bullish news in a bear market as they would in a bull market. For two, previous bear markets have lasted around 1-2 years before recovery, which is a figure we have not come close yet, so I doubt that we could consider BTC bullish atm. But a bull market will come eventually, and accumulation will prove to be extremely profitable in the long run if you do so at this price level.

''previous bear markets'' there was really only 1 previous bear market, bitcoin is too new to look at the past. The space is way too different now than it was back then, more coins, more volume, more exchanges, better exchanges, potential good news, etc etc. There is no reason to think this bear trend will continue for 2 years.
Technically speaking there is no bump in the price for several months and the price is stuck between $6000 and $7000. What does it means? I wonder where bitcoin is going. Most people are thinking positively that the coming days will be better for bitcoin but the current situation tells that bullish trend holds the market for long time and no signs of improvement.
This whole year is the worst year in the history of bitcoin. Such huge dip in the price has never seen by any one. Those who bought bitcoin for $19343 have lost almost $13000 in each bitcoin. The rest of the year is also not giving any good signs for improvement. How can I say that the market is bullish? If there is any bullishness the price would be more than $20k till date.
6  Economy / Economics / Re: Are fiat currencies necessary in the world? on: September 22, 2018, 11:53:27 AM
At the current stage of development, Fiat is absolutely necessary. Perhaps for the real functioning of the economy, Fiat is not needed, but the consciousness of most people is still very attached to the Fiat. So it was with the first paper money, then with electronic payments.

What do you mean by "real functioning of the economy"? It is generally accepted that any advanced economy, where advanced is anything beyond a simple subsistence economy, money is a must-have, as it were. In a subsistence economy you don't really need money and can get along with barter as it doesn't introduce division of labor other than hunting, gathering, and agriculture. Anything else needs money, and modern economies need fiat as money because money based on hard assets will be ineffective in so complex economies.

The "built-in mechanic" of fiat regulating itself is a complete fantasy. Central banks and governments set interest rates, expand the money supply, established the rules of FRB, create bailouts, maintain liquidity, etc. There is nothing "built-in", nor "automatic".
Of course all of the features you mention can be implemented in cryptocurrency, as well.

You may need to finish school, really. And learn about the forms in which money exists today. Central banks and governments on their own can't "expand the money supply" as it will only cause inflation, price inflation. Hint, you may want to read about endogenous money supply.
Yeah fiat currency is very necessary for a government and for the people. Most businessmen are using fiat currency for their transactions. It will be there although cryptocurrency takeover the market in the future. After a long time when all the people in the world will use only cryptocurrency for their daily needs and for their transactions crypto may takeover fiat currency.
7  Economy / Speculation / Re: Do you think should invest in BITCOIN now? on: September 22, 2018, 09:20:27 AM
Why not? Bitcoin price is pretty low right now, and it doesn't seems that it could go deeper below 6000$.
By the way every day more and more experts prises the upcoming rise in bitcoin prices. I think that its right time to  invest in BTC .
Yeah you are right the price of bitcoin is reasonable and every one can but for future income. It is possible that in the remaining months of this year the price jump again and cross $10k-15k or even $20k till the end of this year. So I think that one should be practical and not only asking about his investing or not. Bitcoin may dip you in debts or make you the richest person of your community.
8  Economy / Gambling discussion / Re: Really! Where is the fun at? on: September 21, 2018, 12:21:31 PM
The pleasure lies in the art of gambling itself, I usually gamble on soccer how happy it is when the team we hold scores goals and we can see the moody facial expressions of our opponents and it makes me very happy. the problem of winning or losing is already at risk from playing gambling.

yes, I agree with you but some gambler cannot see the pleasure from the gambling itself because they only think about how they can win a big money which even they cannot get it besides of losing their money. and if they still stay in the gambling for a long-term, then they can lose all of their money and finally, they will lose the fun and the money in the same time.
When people gambling for a long term, it's not about to get fun anymore, it's about money and his main priority is to get win and get rich with gambling which is impossible to do.
Indeed, when playing for pleasure is very heavy on the other hand, every advantage must be gained to control income, but gambling must have good performance is an advantage because it cannot forget a benefit that if smartly sought, good profits will come, strongly agree Long-term people will make gambling a major income field if they feel comfortable and smart in using each game.
In my opinion gambling has no fun. It is just nonsense that gambling is for fun and entertainment. I don’t think that that one should lose his hard money for entertainment. The real fun and entertainment is to take your family to a picnic spot and spend the money other lose in gambling on your family, believe me you will happy and mentally very relax.
9  Economy / Marketplace / Re: Have you ever bought a product with Bitcoin and what do you want to buy? on: September 21, 2018, 10:06:36 AM
I have never bought a product with bitcoin that I have. If I have the opportunity to get a high bitcoin price, I will buy a house or land as an investment. Houses and land are valuable assets that will increase every year.
Same as you I have no such experience but I am looking for the chance to buy some, as now it is easy but still I never had any product bought with bitcoin, I am sure after few years everyone, will use only bitcoin to buy goods and in my city there are few markets which use to accept bitcoin as payment and they are announcing free transaction as well just to attract customers and increase the users so good luck to me.
I also never bought any product till date. The question is why? Because there are very few companies that accept bitcoin and may they don’t have the product that I want, or they delivery process is not acceptable for me. In my country there is no place where I can use my crypto, I will it only in other countries and I do not want to use my coins there.
10  Economy / Economics / Re: Newbies panic & Old timers smile, when the Bitcoin price take a dip. on: September 21, 2018, 09:34:42 AM
I think the newbie seems to want to rush to get rich. And bitcoin is down making them frustrated and can't wait to wait for an increase. I think everyone must be patient waiting for the increase in bitcoin. Because surely bitcoin will increase over time.
i don't think only newbie are panicking, many are panicking because of decline in BTC. because of their fears, not a few panic sell, thus worsening the market situation, so trying to calm down is very necessary
This form is the only way to make money without any investment. If you want to make money from trading or investment, you need huge money for investment. That’s why everyone wants to improve his rank to get some projects to earn bitcoin for free. Newbies in this forum will not be panic if the price falls because they receive nothing till they do not find any project.
11  Economy / Gambling discussion / Re: Gambling Addiction Stories! on: September 20, 2018, 11:48:46 AM
I know some friends who started becoming addicted to football gambling.
Losing tons and still winning out some in the long run.

Eventually they learned they lesson and are still winning big time by betting at only matches they know more about.

That is really sad to hear because people are losing so much money and that too it is not that they are super rich and it wont effect them. People try to make money from gambling and forgetting that hardly few only win and rest of them will lose their money.

Here I can only see such stories about gambling where most of the people have only lost money. in few cases I can see that some people have made a little money from gambling while most of the are lost a lot of their money. so we can conclude the result here is gambling is one of the most difficult way of making money.

That is not a good conclusion, first we find out who is gambling whether the person is capable or unable in the sense of knowledge or implementing strategies to play intelligently, maybe you only see focus on one point if you know there are lots of people out there considering gambling As a field of profit and not just playing and wasting time is a very wrong thought, when talking about benefits is quite realistic at the moment because it is an obligation, what I think is that everyone can make a big profit in gambling, if smart in utilizing all opportunities.
I have many gambling addiction stories. Some with me and some with my friend. I have a friend who is also government employee and he is addicted to gambling. He plays different games like cards games, toss, and sports game for gambling. I never heard that he won a lot of money. He always loses because it is the nature of gambling that everyone loses.
12  Economy / Marketplace / Re: Why Bitcoin Will Hit New Highs - ETF Date August 10th on: September 20, 2018, 11:05:31 AM
We have Bitcoin testing its bottom for the third time, Coinbase adding Custody, South Korea flipping for the 10th time allowing and regulating cryptocurrencies, and the $4 billion dollar EOS raise finally finishing its Ethereum dump on the marketplace. Bitcoin’s next run will go further and happen quicker than people realize.

In the news, we have Europe’s largest trader of exchange-traded funds is moving into crypto and the CBOE applying for a Bitcoin ETF again. August 10th is the date to watch for the approval or disapproval of the ETF. Even if it gets rejected like the other times, it will provide clarity as to what is needed to approve one.

We discuss the latest news and give our insights as a mix of traders from firms such as JP Morgan. Give the latest episode a listen!
Why are most of you fond of giving fake news here? 😒You just come here to say whatever you wish, how sure were you then that price will go up just because of a little thing that happened… Hmmm… now we’ve passed August and instead of price to rise as you have said it didn’t, rather it even dropped to $6000+. Very funny, if you don’t know what to say, please keep calm and watch than confusing everyone.
Yeah the fact is that August has passed and the price is still low as usual. Some people have no idea about the future and they give false statements and new about the price of bitcoin. That is the main reason that I never believe in predictions about the price of the future. It depends totally on demand from the people and the market capital.
13  Economy / Economics / Re: If Facebook promotes cryptocurrency, would it positively promote it? on: September 18, 2018, 12:04:52 PM
I've read that Facebook is going to have its cryptocurrency https://cryptobriefing.com/ready-for-facebook-coin/
Since Facebook and Mark Zuckerberg as an entity is highly influential, do you think it would bring crypto in a positive light? I am thinking that it may raise awareness of cryptocurrency as a whole and not just bitcoin.
Of course Facebook in these days is the most usable social media site all over the world. If Facebook wants to promote cryptocurrency, people will blindly trust their currency because it is an authentic site and people trust it the most. The value of Facebook currency may be more than bitcoin because bitcoin is controlled by someone in wrong direction.
14  Economy / Trading Discussion / Re: TRX.....TO SELL OR TO HOLD?? on: September 17, 2018, 12:16:11 PM
Trx is one of the coin that made me lost a lot of money, from news, listing, chart and potential, this coin got a really stats, but unfortunately in the market the situation is different, so I will say just cutloss and keep small portion of the coin, it seems the coin will need a lot of time before can rise, but I still believe trx got good potential in the future
 

I Have thought about doing this, But my losses would be much. What if I wait till the next bull Market? Then I will sell it but at least not make so much loss.
The reason that you lost money is that you invested in such a currency which was not popular and those currencies that do not make place in exchange disappear from the market and all the investors lose their money. In my opinion everyone should invest in exchange listed currencies. Atleast they are authentic and there are no scams in such currencies.
15  Economy / Marketplace / Re: LOOKING TO INVEST MY LIFE SAVINGS NEED ADVICE on: September 17, 2018, 10:27:53 AM
Realy realy bad idea putting your life savings into 1 plan, mining is hard and expensive unless you can get free or nearly free electricity and broadband. Personally I would not put more than 20% of my savings into anything-just imagine how it will feel if you loose all you have worked so hard for for so long, By all means reinvest your profits back into crypto and with luck you will see a big capital gain.   
after learning many things about crypto and blockchain I dare to give my savings up to 30% for crypto. crypto is a modern financial technology and has many advantages over its lack, when people realize that all crypto have fantastic prices and we will regret not investing

I will suggest you not to invest all your money in one coin. Split your investment in different coins. By this way you will mentally relax because if the price of one currency falls other will recover your deficit. Putting all your money means that you are leaving other good investment options. There are some good coins apart from bitcoin. You can also invest in them.
16  Economy / Gambling discussion / Re: Gambling Addiction Stories! on: September 15, 2018, 10:25:02 AM
I remember that i was addicted to gambling i spent my all time in casino and i earn some money from gambling from that i became addicted and i spent my all money in gambling however it goes on i lost my all money in gambling farther i realized that i am wasting my time my money and all focus on gambling then i quite gambling and i suggest all that don't play gambling please don't wast your time and money it is big lost of life...

and if you can think that playing gambling can waste your time and you can get lost the money, you need to learn how to stop and quit gambling. no matter it is hard, you need to always try to stop playing gambling and I am sure that in the end, you can avoid playing gambling and you can use your time for the other things which can give you another benefit. it is better to focus in another field so we can have a chance to produce something useful for our life.
I want to tell you a short story of my friend who was gambling addicted for years. One day he lost some money in gambling but he was very upset. He came to me and asked for some money because he was very frustrated and wanted his money back on the same day. I gave him some money and lost that also. Then he lost his house and his one shop situated in prime location. Then he committed suicide.
17  Economy / Gambling discussion / Re: Are online gambling games fixed? on: September 15, 2018, 08:24:32 AM
Well i think one thing we should understand is that there are people with the means and influence to manipulate anything and these will go to great lengths to exercise that advantage over others. So im not saying most online gambling games are rigged but they can be

A good casino doesnt have to fix anything unfairly, this type of business is highly profitable just with a steady stream of customers.   Thats the main argument against corruption, they would not choose to shoot themselves in the foot.

Generally the safest places then are also popular, well established with a line of regular customers.   There will be review sites also I think.

Ask a mathematics student about fixed games but short answer is no, the odds stated are for real  The house wins by general usage
Many people say that online gambling is fixed. I think those sites are scams and they will never let you win the game. That’s why their games are fixed and they have programmed games which will never let you win the game. But there are some sites which are very good and there you will feel fun like physical casino. I think they are good and there is no problem there of fixing.
18  Economy / Speculation / Re: What is our assurance that Bitcoin will stay for long or forever? on: September 14, 2018, 10:59:26 AM
When the market continues to fall, most investors will “sell” the coins they hold. Their “dump” targets are bitcoin and USDT, so the price of bitcoin will continue to grow!
The assurance here is that bitcoin is gradually becoming an established market and with some changes and development coming on, with certain approvals, with more real life usage and adoption, we will get to see things even get better as time goes on. One certain thing right now is that this is more of a speculative market and it is normal for people to call death for bitcoin during a downtrend, but the fact still remains that even market makers will make nothing out of a market going downwards forever.

Bitcoin is the money of internet and internet is the greatest discovered of man. Bitcoin is the future of money and for us to be part of the future we must be part of the cryptocurrencies.
That is just simply the thing that is really making bitcoin and the blockchain industry to get more established as we keep forging ahead. It is a decentralized system of payment, number of users with wallets keep increasing daily, jobs are being created within the space, people certainly are getting to do well for themselves, and so many other opportunities keep popping up daily, so if this is not an assurance yet for anyone that this market will keep evolving and growing, then I wonder what is.
Bitcoin is a digital currency and the world is turning towards digital currency. Bitcoin is the first digital currency and the market cap of it is the highest from all other currencies. That’s why I am sure that bitcoin will stay forever in the market and all other currencies will disappear from the market. But to see this we will have to wait for long time.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: Where did the money go? on: September 12, 2018, 12:56:56 PM
No one can answer your question with certainty. Crypto is like trading in the real world. We take the example of apples, the more people want to buy and bid for apples, the price of apples will be high. But if the demand or supply of apples is small, then the price of apples will be cheap. That is also crypto.

Do you honestly believe this market is operating in a real fashion like the apple example?  We have Blyth Maters and the squid with their tenticles wrapped around the entire blockchain revolution.  They are in the process of shaking us all out now.  Once they get enough of what they are after they will crush the shorts.  Notice how we are bouncing all over the place to the point you have no idea whats going to happen next.  The bankers are here. 
Grin The bankers are here indeed. What perturbs me though is that the same bankers that a lot of people have claimed stole from them over the years, are still the same bankers they are selling at loss to.

The main thing here is that the bankers are always going to be using the ground that those who are just looking for ways to get rich overnight and are considered weak hands are always going to be present in this market being a new market, and for sure, that makes it easy for them to manipulate.

One word of advice; people should stop giving the bankers their hard earned money by selling at loss; they will buy back when the time comes to rinse and repeat. It happens in other markets, so this is not an exception which is why we are all clamoring for a real demand and not just some speculative asset.
20  Economy / Speculation / Re: What will happen to bitcoin after 5 years? on: September 12, 2018, 11:09:38 AM
5 year is a long time which anybody can not predict. There are some breakthroughs each year and maybe in 2 or 3 years later there will be another currency, or another trend that will take place and bitcoin will drown in forgotten, or there will be some advance in the market and bitcoin will rise stronger than ever. Only time can tells.
More and more people will come to know about bitcoin and hope that the investment capital will also increase due to which the price will also go up. The situation may be different from what I mentioned above because this is cryptocurrency world and anything is possible here. It is right that 5 years is big time and prediction for such a long time is not possible.
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!