I dont know if it is just me or others also experience it. I always set goals financially, set limits in spending and trying hard to save but most of the time no matter how i tell myself to refrain from spending in unnecessary things whenever i see something i really like even if i dont need it i cant resist buying it that cause me to regret later. Are you familiar with this situation?
You can always think of your goal each day and what are the hindrance on your goal, in this way you can avoid to spend your money on unnecessary things like using excess money. |
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As soon as everyone starts shouting about the lowly in one voice and the collapse of the exchanges, then the market will unfold. This will say that those who used to shop earlier started selling the crypt. At this time, large players will buy crypto currency from nervous people, and when bought up, news agencies and TV will begin to generate a positive background for crypto-instruments. A new rally will begin without those who left the concert.
There is no specific date on when the market price will increase or decrease its value and the only thing you can do is look for different articles that is being created by professional crypto analyst in order to anticipate the market. |
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It is said that we can make money in trading when the market is up as well as when the market is down. Right now, the cryptocurrency market is experiencing a big bloodbath (though there might have been bigger ones before) where some are estimating that we lost around 40% of the market value so far. Though I personally believe that this is just temporary and very historical (it happened in the past on the same period), it is still sad to see what we have already gained just wipe out in some hours and days. This is just the way with cryptocurrency market...
Under this dire situation, are you still trading or you are pausing for a while just waiting for the right timing when to buy coins and tokens again?
Yes i am still trading while the market is on red because it only means that it was the time to invest since all of the price are down and we can surely earn a huge amount of profit when the market goes back to normal. |
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I think that Bitcoin can be use as a matter of fact to be globally accepted. What is your take and which currency can you suggest to be accepted globally?
it is possible if government will allow it to happen since most of the people in the community really love to have faster transactions and easier way of purchasing goods online or offline and cryptocurrency is one of the best way to do that, so i think that in the future, everyone will agree in this kind of idea. |
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Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.
Bitcoin is really good for long term investment because of the volatility of the market and the reason why traders do really like to invest is because they can earn a huge amount of profit by just waiting for its price to grow or trading everyday will make them earn a daily income. |
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Every month, your employer transfers Bitcoins into a time-locked address that can't be transferred out before you reach retirement age. You have the key to the address. You can verify the transfer on the blockchain.
No middle-men. No funny business. No brokers with pyramid/eyeball shaped logos. No "oops we went bankrupt and lost your retirement." No bail-ins. No raising the age of retirement.
Just Bitcoin.
You are referring to have a good amount of investment after you retire to your job, well that is alright and a wisest idea you can think of since the price of bitcoins is growing as the time goes by and the coins you save will surely make you rich even if you leave your job. |
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There was a time where Bitcoin was not even on the radar, it was a novel idea that was primarily used by thieves and drug dealers on the dark web. Nothing to be afraid of in terms of holding a monopoly on money. However, that same little upstart is now disrupting the system of things; from Bitcoin and other cryptocurrencies, ICOs and the ever impressive Blockchain technology. This is now a legitimate threat on traditional banks. Banks have existed unchallenged for hundreds of years, and that is the key issue here; Bitcoin, backed by a solid platform such as Blockchain technology, is a ghost that is incredibly hard to control due to its decentralized nature. The power and control of money is being ripped away from traditional institutions, which can also be seen on Wall Street. Some of these traditional investors are siding with what could be the future, while others vehemently denounce it. Individuals can now enter into direct peer-to-peer trusted exchanges with strangers. They no longer need a central institution to vouch for the other party. Just like the fax machine, the library, even metered taxis, new technologies have come along and made others obsolete. Banks are now in the sights of Bitcoin and are in their death throws, as they lash out with the power of states behind them. However, there’s no stopping progress, and even with state-backed regulations trying to wrestle the money of the people under control, banks have every reason to be nervous. Full news https://www.cointelegraph.com/news/why-big-banks-are-so-nervous-about-bitcoinThey are afraid that most of the people in the future will focus on investing in cryptocurrency and if people will just turn their side against banks then there is no doubt that banks will fail to have supply of money and they will lose their own business. |
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why is it ok for a group of people calling themselves the government to force everyone to buy their services?
if enough armed people refused to pay and told the government to go fuck itself there is nothing they could do.
I believe that those people are just corrupted and they meant to get more money from the people buy paying taxes and that is the reason why people are looking for an alternative income just like cryptocurrency. |
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What do you think about this possibility ? Would you invest in your government currency ?
Any business or people who are interested on cryptocurrency can create their own coin and if government cannot handle the growth of bitcoins then maybe in the future they will be creating their own coin to compete in the market as well. |
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I am fairly new to the crypto world. During my short time, I have contemplated how crypto will go down over the next few years.
Slowly, over time more regulations will be adopted worldwide. This is not because regulators are scared that people are getting scammed, but because they will start limiting this world from us small fish so the banks and "qualified" investors can tke over. All the large banks will then push their own crypto, and we will be left with nothing.
In my opinion, it is in our best interest to gain enough profit so we will have the funds to become qualified investors, and be able to re-enter the markets through the banks exchanges.
What does everyone else think? Do you think the big fish will continue allowing us to do trading long term, or are our days numbered?
Cryptocurrency will go for long term due to the drastic changes of prices in the market or volatility, the volatile market is occuring because of FUD and different news or articles that are being read by the community and it affects them either on negative or positive way. |
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I have a job, and I'm quite tired of working as an employee. I was thinking if I can make my btc earnings a start for a business, what do you think?
It will not enough at first but you need to save a decent amount of money in order to start a business coming from your earnings by working on bounty campaigns since most of the campaign today are paying a decent amount of altcoins after the end of sale. |
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The price of bitcoins today is still down to $10k dollar so you can still invest and wait for its price to reach the expected $50k, you can always enter the market and start trading because investing today is very profitable if you are patient enough to wait until it grow. |
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For exchanges, ICOs that collect KYC information, when are they required to send information to the government.
If I remember correctly, in the US if you make a money transaction, such as through Western Union, or bank, $3,000+, within the same day, or smaller amounts during consecutive days, the institution must collect your ID information and Social Security and report it to the government. I forget which entity of the government.
Does that mean that if one participates in an ICO and puts in over $3,000, that gets reported to the government? Or if you move $3,000 out of an exchange, that gets reported?
KYC today is one of the reason why ico is being successful in their project, KYC means they are serious about their business that they want success in the future and most of the ico's that has kyc are getting more investors than others who does not require it. |
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Anyone in the bitcoin ATM business??
I do not think that there will be any bitcoin atm today since not all the country is still accepting cryptocurrency because some of the governments does not like the growth of bitcoins in their own country. |
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at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?
Bitcoin should be advertised on the television if there is a company who are accepting cryptocurrency because it helps different people in their life, another is that the growth of economy will be much faster if government will use cryptocurrency on their country. |
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As we can see the cryptocurrencies are still being established in the knowledge, socialization and full utilization of humanity, could the cryptocurrencies cause the use of physical money to be eliminated, is this possible?
It depends on the government, if the government will allow us to use cryptocurrency then physical cash might really be gone for good since most of the people today are relying on digital currency more than physical cash. |
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Hello everyone, I want to share about my strategy with bitcoin and I need your advice.
So the example is, I've buy bitcoin in price $2000/btc with amount $750 so I have 0.375 btc. When the price climb to $4100/btc, I sell my 0.184 btc to get my first capital and get $754.4 and 0.191 btc left .then when the price dump again to around $3900, I buy it again with my $754.4, so I get 0.193xxx btc and my total btc is 0.384xx. With my $750 I can keep increase my bitcoin with this strategy. So what do you think. Am I doing right with my bitcoin? Or you have any advice. Please explain.
Actually you are just doing it well, trading on the right time will make an investors to become rich since some of the traders in the market cannot handle the pressure and they will sell their coins at its lowest price when the market is dumping. |
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I think the worst is over. That insane dip was truly scary and i though I'd have to say goodbye to ny investments. But then again, as the market recovers now. I think the price will continue to rise with a few minor dips here and there. Unless another government will ban BTC and there wil be a surge of supply again i the market. But I'm confident that it will still recover and get stronger even from that.
Volatility is not bad, it only means that wiser people will get a huge advantage on trading because some of them are just hoping for price drops in order to earn a huge amount of profit and that is what the nature of trading does in the market. |
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https://cointelegraph.com/news/2018-mature-crypto-market-will-draw-more-investment-see-less-volatility-analyst-saysObviously as an investor you understand there are risks but out of all the exchanges out there, i can think of 2-3 that I would personally trust with my money and in my case we are only talking about thousands, imagine a big player with millions using etherdelta or some other retarded exchange, no way that will ever happen. Even big exchanges like bittrex, not long ago, they fucked up and made everyone wait months and months to get your account enabled or verified. Why would any big player invest in crypto when the risk is so huge, there is literally zero safety, any exchange can run away with your money and you can barely do anything. I agree to that, most of the ico's today are not being trusted because they are just scamming their investors when they get a huge amount of profit then they will just stop providing the platform's goal for the future and that is the reason why people cannot fully trust ico's today. |
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Hello guys, To me, it seems pretty strange that people actually continues buying btc now... I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now? I don't get it. Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount  ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?). The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue. An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease. Other issues: - security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalk.org/index.php?topic=174600.0 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...). I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks. Bitcoins is really good for long term investment due to its volatility in the market and because of that, there are more people who are becoming interested daily since they are wanting to get rich in the future. |
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