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It's not easy to track who owns the most Bitcoin, because Bitcoin is anonymous, I'm sure that people do have some account addresses for bitcoin. But anyone who has more than 100 coins for me is rich. You can imagine that with 10 Bitcoins it's enough to do bigger things and provide benefits that you can't imagine.
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If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?
For now I will choose both because I use them in my life. I put my money in crypto because it can easily generate profits through its investment. And the Bank may not give me much higher interest but it's still safe to put my money there. |
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Bitcoin is better to be a commodity. because for now Bitcoin doesn't match other options but can be used like that. This can be used as a currency that can be used as payment whenever possible to use. As a security because it cannot be edited and is a great way to secure investment while being stable.
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Guys, i lost half btc in some circumstance and rest of my altcoin in also down position so in that moment what should i do?
give me your suggestion.
Hold your Bitcoin and Altcoin! If you still have capital, buy more Bitcoin or altcoin at the current price! So that if there is a slight increase in prices, it can cover your losses. Or you can copy my method, I am currently investing in a number of legitimate and proven ICOs that give me an advantage. |
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I have read several posts on this forum where people have claimed to have invested all the money they have on Bitcoin, I also read a post where a guy claimed to have used all the $20,000 his uncle gave him to also invest in Bitcoin, some even sold their landed property. The reason for these risks and others is the firm believe that Bitcoin would be $50,000 - $100,000 by the year 2019 or thereabout.
First, I must say that I admire the courage and high risk appetite of such persons. But, I must also warn.
Yes, It is good for everyone to have high hopes for Bitcoin, and also hope it gets to 100k USD in future, but you should also consider a safety factor in anything you do including investing.
Mathematically,
DO NOT Assume,
P(Success of future term) = 1 ; and
P(Failure of future term) = 0
This implies that, you must always leave a little fraction for probability of failure which in this case is the safety factor, no matter how little the fraction may be. Simply put, you don't have absolute control of what happens to Bitcoin and Cryptocurrencies in the future.
Invest wisely, only invest what you can afford to loose
Just a piece of advice.
What are your own suggestions?
Cryptocurrency investments are the same as other investments, have 2 possibilities, profit is also a loss. So first study the investment that you will choose so that you understand the worst possibilities of investing, and I also agree with your suggestion that we only invest what we are able to release. |
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Day by day new digital currencies are launching in a rapid rate and as a result of that now we have more than 1600 Altcoin's in the world but my concern is will increasing number of new Altcoin's can help for the betterment of crypto world ? or don't you think rather than introducing new once we need to make existing once more usable and reliable by giving them more expansion through business adaptation ?
It seems that you want the development of new coins to be stopped because the crypto market has too many coins and developed existing coins, but I don't think that is possible because this is the first free market, second, there is no central authority to see coins entering cyrptoverse. So it will be difficult to just concentrate on certain coins, it's really up to us whether to support those who are backed by fundamentals and have real life use or go to shitcoins and only make money. |
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What we can expect from BTC around December 2018. There are many predictions, some say it will go around $40,0000, some says it will same around all whole year, and there are other many other different predictions. What’s your saying?
Well, I do not think bitcoin will cost as much as $ 40,000, it's a lot. It seems to me that in December bitcoin will cost about 14-16 thousand dollars. Now the situation on the crypto market is not very stable and it is difficult to predict what will happen in the future. Yes, I agree with you, the increase in Bitcoin is as much as $ 40,000, I think it is too big, because at this time the situation in the crypto market is not too stable and it is difficult to predict what will happen in the future. Some negative issues and bans from several countries will hamper the growth of Bitcoin. so I think the increase of as much as $ 40,000 is difficult to become real. |
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Learn more about crypto and read crypto history can strengthen our faith in this investment and will ignore all forms of FUDs, so we don't need to doubt it anymore. In this downturn we really need to buy more bitcoin and hold it before it's too late. Bitcoin will not give more opportunities in the near future, it might be a big thing in crypto and the price will probably go up high.
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Obviously it's very necessary to regulate the running of the gift campaign so that the campaign is safe and profitable for campaign participants because there are currently too many people joining the bounty today and they make it harder for people to get better bets, because more and more people are sharing gift, the less coins and the value that everyone gets. So more stringent rules are needed in gifts.
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Now the crypto market is falling and almost all of the coins are down, I think we can use this moment to buy more coins and hold. do not be affected by negative issues about crypto! because now all are expecting that at the end of this year the price will rise. But according to the current situation, the chances are very lacking for a bull run. We cannot judge the market that might occur or not.
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Interested in peoples' trading styles now that we've been in a bear market for a while. Do you still believe in HODLing to another all time high? Or are you looking for other ways to make $$ during the market downturn?
Trade is a way to make a profit by involving a lot of capital, so for now I'm trying to refrain from trading because it's roulette and the possibility of guessing is very small. but sometimes when the market goes down strongly, I try to make money from it and often it turns out it's not too bad. |
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Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?
New exchanges usually do not have a large daily volume and that is not good. It's better to have fewer exchanges because crypto flows will be more predictable. However, the good side of this is the possibility of exchanges being hacked less and being careful with new exchanges because they can make a scam when their wallet is full of their users' money. |
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Yes, I'm here to learn about crypto because I know cryptocurrency can make me richer than before. This is the easiest way for us to get a better life that anyone can do but you need to have difficulty learning new knowledge about how to do effective actions in cryptocurrency.
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Bitcoin is now very popular, and some stores are starting to accept it, as a payment instrument. So that in the future the use of Bitcoin and blockchaine technology will be increasingly used in the community for everyday life.
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I thought it was a good deal to buy Cardano at $0.098 price, turns out I'm in a 25% loss right now. At some point the shorters should stop shorting and the weak hands should be gone right? It looks like the massive sell offs will continue for a while.  I think you will need to hold your cardano for a long time before you see any kind of profit. because cardano is very overvalued in my opinion and a sudden drop in the price of bitcoin and altcoin is big affecting other altcoins, while I think it's a decent coin to invest. |
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Ive been holding coins for months , and every month i flip it in the market. But now, its different, The price of the coin keeps going down. Is it still okay as of now to hodl crypto coins? or better to sold it already in the market.
When the crypto currency market has fallen in price, you will suffer losses if you make a sale, all we can do is hold the coin and expect the market to grow. if you want to make a profit to meet your needs, do crypto trading because there are advantages of price fluctuations. The rest must wait for market revival. |
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I do not want to predict that the bull market will occur because the market is difficult to predict. Many have given predictions, they have mentioned all the months and all the first three quarters but all are just heavenly winds. But I am optimistic for bitcoin and all alts, it will recover and that certainly requires a lot of time.
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Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?
Bad understanding of cryptocurrencydelivered to them mistakenly causes all of these mistakes. Digital currency means using fiat on credit and debit cards while crypto currencies are the currency used by blockchain technology and we don't need the third part to help use crypto currencies. Bitcoin will give you the freedom to use money as we want so if people want freedom then move to bitcoin and crypto currencies. |
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I wasnt to do a 10% ETH Bonus for my Token Sale for direct referral. For example if you refer someone and they contribute 20ETH, you would get 2ETH. Is that a good idea for a bounty than can drive in customers?
I don't think models like this are good. If I participate in such a project, the initial investment goals have begun to change. I'd better run my gift program with a trusted manager's hand. I will get the traffic and investment results that I expect. |
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Are people really using BCH . It's Market value has drop almost 85% from it's all-time high value.
So many BCH but about 60% of all is controlled by only 67 wallets .
The payments have also slumped to $3.7 million in May from a high of $10.5 million in March. Bitcoin payments totaled $60 million in May, down from a peak of $412 million in September.
What are your thoughts on BCH's future .
All you have to believe is the technology that BCH has, in the end BCH brings a solution that must be implemented in the main core, but because developers are the people who make that decision it will be difficult to see it. At the end of the BCH it has several things that make it a good technology and that will be the soul that keeps this wheel spinning, it will be difficult to see it die. |
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