Bitcoin Forum
July 12, 2024, 02:33:26 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 »
1  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Attention! Panic sale!!! on: December 11, 2018, 08:34:48 AM
Whole cryptocurrency's prices went down, altcoins more too. People saw the little decreasing and sell own coins step by step. Whale start this chain of selling coins and people will continue this chain and sell coins. Cryptocurrency need to good speculations chain.
These dump is because of those people who are selling their coins if they will not sell then no one will be able to dump the price of Bitcoin and other coins. Bitcoin need our support to hold that for a long time especially in this hard time then we will see a good time.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Monero become next BTC? on: December 03, 2018, 06:05:53 AM
not really, Monero is a altcoin & btc is a father of all alts.so it's really tough to compare with btc.because btc always best. but notice that Monero is not bad alt,Monero also good & potential currency.
You are right that Bitcoin will always be the best coin of all as people fist look at the market of Bitcoin and then invest in other coins so none of the coin will go higher than Bitcoin. The price do not matter there are some coins which have price more than Bitcoin like project but still it is far away from Bitcoin.
3  Economy / Trading Discussion / Re: Trading without losses? on: November 20, 2018, 10:56:05 AM
The best way to reduce losses is to simply store in a secure wallet. Holding it would make you less prone to risk and got higher potential to reach a good price eventually. Just a reminder not to store your funds not in exchanges, choose hardware wallet or open source wallet that provides you your own private key. Thus way you could have the full control of your funds and does not need to entrUST it to third party. You can choose Electrum if you have Bitcoin only while if you have multiple kind of coins, you could have Hodler wallet since it is also open source like electrum.
It's a very secure ways to handle our asset to avoid losses mate, and keeping your coins to that storage will keep from having a weak hands. Certainly we can't prevent losses once we deposited our coins in the trading site, so much better to stay away for a while from exchanges because you might can't control yourself selling your coins at dumped price so you tend to lose it.
By storing in exchange, we get a very mobile opportunity when we want to sell the coins we have. But for me this is a condition that is not good because we are easily affected to sell the coins we have even though we suffer losses because selling coins is much cheaper than when we buy them. So actually conditions like this are difficult and we should wait for some time, there are positive values and there are also negative values. We are in a difficult condition and only ourselves will determine the future we will achieve.
And yes, people panic. They start panic selling and hence making themselves conferred heavy losses plus demolish the tone of market. This cause decrease in value of bitcoin.
4  Economy / Economics / Re: Let's suppose that Bitcoin became universal (used everywhere you go) on: October 24, 2018, 11:00:50 AM
I don't think if a currency legalized in a country it won't have a tax deduction I am sure it is have a tax deduction when you pay or buy something using bitcoin. And I think it would be easy to the government to put the tax deduction in any transaction of bitcoin if that's gonna happened in the near future.
When bitcoin become universal and the whole world start using only bitcoin and there is no other currency in the market, people will feel ease and happiness because they will be able to use their coins all over the world without any bank transactions and exchanging. They will easily use their wallets for payments. People will enjoy cashless society.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: When did you bought bitcoin? on: October 22, 2018, 12:35:28 PM
In 2012 and I could still beat myself for selling it in 2013.  Undecided
In that time people were not familiar with cryptocurrency and don’t believed it at all. With the passage of time people came towards crypto and realized the importance and benefits of it. so they started buying cryptos to earn big money in the future, and we saw that early investors made thousands of dollars in each bitcoin but the latter on in 2017 investors lost big money due to crash in the price.
6  Economy / Speculation / Re: What will become of Bitcoin if the price keeps falling? on: October 22, 2018, 11:00:07 AM
If bitcoin's market price keeps on falling each day, then there will be a massive fall down of alternate cryptos too. More and more hodlers may be weaken and finally give up and sell their bitcoin too. Unless a huge number of investors will start investing at a lower price then the fluctuation will continue.
The price is not falling actually but there is stability between 6k and 7k US dollar and this is fluctuating in between from a long time. we can go out of such situations only if we start learning to hold all our coins with patience and to stay in the market till the price starts to increase. Furthermore, the current price availability is more than anything if you have such an affordable market right now then what else you need.   
Yeah right now the price isn't falling and it's still stable above the $6k price, but if that happens of course it's caused by mass panic in a row and doesn't stop, the way out of course is from what you say, we must start learning to be patient and hold it, because with that we can get out of that situation
In this day many people assume cryptocurrency a Ponzi scheme and some say it is a bubble and will burst in the air after some time. I think that if the price drop more it will lose its popularity and authentication in the market and people will withdraw the rest of their money and will invest somewhere else. Altcoin price will also drop if the price of bitcoin drops.
7  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum is future? on: October 20, 2018, 11:54:52 AM
Is ethereum going to be next bitcoin?
lots of talk about it and still eth is on its position. a promising alt but it also has suffered from recent market shake if you ask me. many say ripple is even more promising
No, it is not possible that ethereum will ever take place of bitcoin and will become number one crypto in the world. Bitcoin is the pioneer crypto and the rests are only the parts of cryptos. Original crypto is only bitcoin. Ethereum price is under $300 and bitcoin is more than $6000. You can now guess the difference between these two currencies. Ethereum will never reach to this point.
8  Economy / Gambling discussion / Re: Beginner's Luck on: October 19, 2018, 12:13:16 PM
From this point of view, beginners play with their luck first without experience or any strategy, right but I think it doesn't mean there is beginners luck.

Fully agree, that's basically how Beginner's luck is called eventually Cheesy

All relies on luck for first Bets since Beginners experience is almost 0 or equal to 0.
Beginners have only luck and no experience, therefore they will have to depend only luck and I think that beginners don’t play difficult games which needs experience and skills otherwise they will lose their money. If a new ambler wants to gamble regularly then he should learn how to gamble in a better way and how he can win the game. After getting experience he can gamble different types.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO Investments Why Risky? on: October 18, 2018, 07:45:47 AM
Because many irresponsible people want to take benefits from crypto growth and they dont have real project. Some ICOs very slow when want to land on exchanger and it make investor waiting too long.
Regulation of course would really be of help with things like this. For instance, when the Centra token team was arrested based on the fact that they deceived their investors somehow when they do not have a specific product and then claimed they had it, and that really made things go awry for them at the end and then we saw the project dead.

Investors need to know how to always dig deep on the market they want to invest in first which is highly important at this stage. At least until when we start seeing some laws in place.
ICO investment is risky because it is not guaranteed that it will give you any profit or take your money. I never invest in new ICO because many of them are scams and if not listed in exchange, it will take all your money and the problem is that you cannot claim your money. There are many good coins in the market you can invest any one of them.
10  Economy / Marketplace / Re: I can I predict the Dump and Pump of the price? on: October 16, 2018, 08:00:02 AM
You only need to study the existing analysis and candlesticks and I will see the market history for each coin. any market dynamics that occur must be involved in some whales and this can manipulate market prices even a little. if we can see and read this movement then you will win in the market
There are two types of predictions one is baseless and everyone can give a figure for the future price and other is authentic prediction which is based on observation, technical and fundamental analysis, current market knowledge and information. We don’t know what kind of predictor you are, but anyway I don’t believe in predictions and take my decisions according the current situation of the market.
11  Economy / Gambling discussion / Re: India to legalize gambling and sports betting on: October 15, 2018, 11:01:47 AM
India has a lot of changes to make to come into step with reality. The puritan-like banning of gambling was unhealthy. There has to be a concept of gambling for fun, without fear of losing your shirt. The concept of responsible gambling was needed. India will make a lot of money from this new attitude. I'm so glad about this.

That is the advantage of letting your citizens gamble. Yes, more gamblers might be addicted to gambling by legalizing gambling but the thing is that the government will be able to create great tax reforms on these casinos resulting on great improvements not only on the people but on the country as well. It is not bad legalizing gambling, in fact it is really great.
In my opinion Indians are in great number of gamblers throughout the world. Most of Indians bet in sports because they love sports games and sport betting. There are thousands of bookies in India and they make millions of dollars in one game. Gambling is become an industry in India and that’s the reason that Indian government allow gambling freely.
12  Economy / Trading Discussion / Re: Daily trading experience on: October 11, 2018, 12:15:22 PM
although very little profit is not an important problem there are still advantages because many people lose their money and lose when the market is unstable like this
Yes, this is true, take advantage, even a little, rather than wanting something big, but in the end our capital is trapped because prices in the market are unstable. With big capital, when you get the slightest profit every day it's very good, so if you do it over and over again, there will be many advantages even if it starts from a little to profit.
When you realize that the market is very low and there is no trading then you should hold your coins and not to trade for some time. When the market gives green signals, you can start then and try to give as much time as you can to avail this opportunity. Neither good times nor bad times remain for long, because this is cryptocurrency world and the situation can change anytime.
13  Economy / Economics / Re: Is it the best time to buy cheaper crypto while Bitcoin is at high price? on: October 10, 2018, 12:15:22 PM
No,it is not good to buy other coins for bitcoin,if you really like bitcoin then you should buy bitcoin for now because we are still in the early days the prices will reach more high when compared to current price.So buy bitcoin how much you can because you can even buy small portion of bitcoin when the prices were around $7000.And one more don't buy bitcoin when the prices keeps increasing just buy it before the prices going to increase then only you can make money.
I think everyone loves bitcoin and believes in the future of bitcoin. but that does not mean they have to invest only in bitcoin.
even though the potential benefits are large? diversify investment is also important to minimize risks and also provide greater benefits
I have many plans for my future for which I need big money and for big profit bitcoin is necessary because I think that no other crypto can give me such huge profits in short time. I want to buy a big house for my family, a luxury car and also want to start my own small business and small coins will take long time to go up and give me huge profits. Therefore my choice is only bitcoin.
14  Economy / Economics / Re: When bitcoin prices rise up the market also will on: October 06, 2018, 10:35:58 AM
I have noticed it when actually the bitcoin price is rising up the cryptomarket also will. Is that because of bitcoin is directly proportional to the other cryptocurrency? so that when bitcoin dumped the other crypto also will dump? Whats your opinion about it?

All of the altcoins is based on ethereum and eth is tether to bitcoins, that is the reason why the entire market is being affected every time the price of bitcoins dropping.

Bitcoin is number one  among all ALT coin posted in the market, it is very popular and it attract a lot of investors in the market, base on the market stability, market structure, fundamentals, among other is the high level of confidence by the investors compared to other coin posted. Yet, it is not automatically take all the ALT coins price during the heavy volume of investment resulting to the increase on price value of Bitcoin. some are even drops their market value. Market is Volatile and this apply to everybody.
I agree that bitcoin is number one among all altcoin simply because it is the first and father of all cryptocurrency. The market and bitcoin are connected to each other because all altcoin and exchange are paired with bitcoin. I also agree that bitcoin is most attractive cryptocurrency that can attract a lot of investors.
When somebody talks about cryptocurrency he will use the world bitcoin, although there are thousands of cryptos in the market. It is because bitcoin is the beginning crypto in the world and most people in the world only trust bitcoin. They only invest in bitcoin and when the demand for bitcoin rises Altcoin will also rise and if bitcoin falls, Altcoin will also fall.
15  Economy / Economics / Re: Asians are the most bitcoin holders in the world. on: October 06, 2018, 09:47:45 AM
bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me

I really doubt this topic because I read some post in bitcoin discussion that it was somehwere in the continent of America and also it was stated there that the creator also live in their. So therefore I concluded this both story are just a rumor, in just my own perception.
I agree.I cannot make an assurance that it's really in Asia where you can find the most bitcoin holders in the world because as far as i know,bitcoin has been growing in most parts of the world.So there would be bitcoiners in all areas but how plenty of them is what i really cannot tell.
all speculate, but that's not really important, if you look at the biggest holder that is in Asia by looking at the volume in exchange, I think many people from other continents also use exchanges from Asian exchange sites? there are no special calculations that guarantee that your speculate is true..
I don’t think that American are the largest holders of cryptocurrency. America is already holding the world currency market because of their dollar. With the promotion of cryptocurrency they will lose their position in the market and people will use crypto instead of dollar. It is a big loss for America. American government will never allow this.
16  Economy / Trading Discussion / Re: Daily trading experience on: October 03, 2018, 10:06:21 AM
Thank you for your recommendation, since I am not that adept in trading yet, I've
been searching for some great channels to help me in my trades. Will check this out!
We are new, should learn frequently, and should not blame anything, I'm just like you are new to this market and are now also involved in signature campaigns.
If you have trading experience then you will proceed for further success in it and may be able to diversify into many coins so that you will be having more trading sources and the outcome will be better. On the other hand if you have only one trading source then it may result in loss if you make some mistake but this will recover your loss if you have trading with multiple sources.
Diversion into many trading sources is good option but not the better for every one cause a newbie in crypto currency trading will definitely loose his fund if have many trading sources cause it yet to know how to handle a coin. Therefore, the things is newbie should try bitcoin trading first or use bit trading if want to have many trading source.
Trying bitcoin is a good trading experience for beginners, but you have to run with a small amount and also have to always focus on daily trading, because it will be used as a good experience and certainly if you have daily trading experience will give you big profits.
It is indeed a very good trading experience for beginners and there is certainly no doubt about that, but at the same time, it could be a bad experience for some since they do not get to do the needful before entering the trading world. The essence of trading is to make profit off what you are doing and there is no way you can make such profit without at least knowing what you are doing, and as long as you are good at what you do, that is what makes the experience exciting.
Yeah you are fight bitcoin is no doubt good experience for beginners but also very risky because of the huge volatility in the price. If you have the ability to trade affectively on daily basis, no doubt you will be successful in the future but if you do not have any experience then leave it and just hold your coins for some time. Time will give you profit in the future.
17  Economy / Gambling discussion / Re: Benefits of gambling? Yes - it exists! on: October 01, 2018, 10:48:03 AM
Benefits of gambling you guys say?  Yes!  If you have a nagging wife that you hate, you can gamble online at home to avoid her.  And if she wants to divorce your ass cos you gamble too much...  Just sign the papers and you get what's half of hers.  Full benefits achieved.  Lololol.
I think it happened to you, that’s why you know all that. Nobody can say that gambling has any benefits, because all say that you will push your problems behind when you gamble, your mind will be free while gambling, you will enjoy your time etc. but I think that when are unhappy and you visits a casino and start gambling, do you think that it is the benefit of gambling? No way.
18  Economy / Gambling discussion / Re: Does convince people to enjoy gambling is a wrong idea? on: October 01, 2018, 08:18:23 AM
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.
But sometimes we never truly get to know people. Someone might look perfectly capable of enjoying gambling but become addicted to it. Stop taking the risk that the person can enjoy such thing and redirect them to other fun things like online gaming, sports, and art. There are other things that people can enjoy without risking themselves in getting hooked to it and lose so much money from it. The involvement of money is what makes gambling enjoying so there's really no such thing as "gambling only for fun and not for profit". Imagine a casino where there's no money involved and there's just tokens. Eventually people will give the tokens equivalence to real money. If they are unable to do so, they are going to leave. Playing cards for nothing is unenjoyable. You can at least punish the loser by making them do silly task, at least, so there will be some reward going on for the winner.
Yeah it is completely wrong. Why you do not convince people to invest in crypto? It is much better than convincing then for gambling. It means that you are dragging the people around you to this hill. If somebody gets gambling addictor and he lost everything in gambling, what would he think about you? He will definitely blame you for his bad conditions.
19  Economy / Marketplace / Re: Trading, campaigns, gambling or mining? on: September 29, 2018, 07:54:32 AM
I think the best step for now is to trade and become a participant of the campaign because we know that only those that have a small risk, gambling and mining both of them I think have a very expensive risk and can make you experience a lot of losses to be more secure both trade and become participants of the campaign.
Yeah I am also in favor of trading. Trading is one due to which you can make money in short time besides you hold your coins for long time and waste too much time and there is also no guarantee that the price will rise in the future. It may down so you will lose your time and money. It is better to start trading and earn money from the very first day if you are experienced crypto trader.
20  Economy / Speculation / Re: What factors make Bitcoin rise again? on: September 28, 2018, 11:35:35 AM
An ETF approval and 2020 halving will help the bitcoin price appreciate.
No, I don’t think so because ETF is a flop idea and most people are not interested to invest their money in ETF. Bitcoin itself is not popular yet in the entire world, how ETF will succeed. I do not understand this thing. People should be motivated to invest in bitcoin instead of ETF, it will be much better than anything else will. High sell of bitcoin will push bitcoin price upwards.
Pages: [1] 2 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!