I agree. However, right now, I can tell you that it has more disadvantages than advantages, therefore, if you really are serious with investing, then I urge you to keep at it and continue. However, if you are just doing it without any clear purpose and you just feel like you're being drawn to it because of the many comments and things people has to say about it, then I suggest you think things through because the cryptocurrency market is not an easy one to be one. For one, the return may take time since the increases come and go. Also, the market is usually at a constant stand still, thus, it's very hard which venture would be best to try, especially if you're a beginner. Also, you really have to invest a lot of time and patience, to some that in itself is hard to do.

Very few of us have seen first rise and nose-dive of bitcoin. Then came the tremendous growth report of bitcoin which forced the world to take bitcoin and alt-coin seriously. This tremendous growth soon started to get correctly. That is from 16000 USD to ~6200 USD correction has happened so far. As as of now the prices have remained stable about 6000 USD.

Do you think this the better time to go for bitcoin purchase spree again? As from the bitcoin price history bitcoin has shown tendency to spike periodically.
Considering the bitcoin  novelty has worn off across the glob, Now there is sufficient awareness about the bitcoin and crypto. what could be the driving factors If yes then what could be the driving factors for the growth? As previous factors may be less significant this time.

Better to stick with the many existing cryptos. They have proven records, a real team, and so on. While a lot of cryptos are useless there are some good ones.

I think no one can replace bitcoin because if there is, it should already happened long time ago. We all kno that boitcoin is still dominating the crypto world and I think no other coins can do that.

For beginners, what they have in their mind is the complexity of using bitcoin in any legit cryptocurrencies worldwide. Maybe, time will come that bitcoin will be easy to use as easy as you're using fiat currency as more and more people are utilizing it already.

Waves is certainly a good coin, but the market has conquered ethereum. It will not be very easy to bite off a piece from this market of smart contracts. The waves project team does not stand still and each time improves its blockchain, but ethereum is also developing, but there are serious problems there. In the future, some of them will come out on top and may even overtake bitcoin.

Hi guys, I have a couple of alts in my wallet right now and I want to gain profit.

I want to earn a profit while waiting for a better market value. Should I enter trading(where I don't have an idea on how to and where to start) or should I stick on HODLing my coins?

Looking at the market movement, is it a good time to start trading?

Is it risky or not an ideal move if I start to study trading using some of my holdings/alts?

I am eager to learn how to do trading(short-term or day-trading).

Any thoughts? TIA

Discuss about bitcoin and cryptocurrency. For me, this is an interesting topic because bitcoin issues are often the talk, including confusion in many quarters. What is cryptocurrency? What is bitcoin? How does the regulator respond to the development of the current crypto currency? And how is the bitcoin phenomenon going forward?

In its purest form, cryptocurrency or crypto currency is a kind of electronic cash that can be sent directly from person to person (peer-to-peer) without going through financial institutions, or banks. Generally if we are currently sending funds or money to other parties, of course, must be processed through the bank. In this case, the bank serves as an intermediary. Well in this crypto technology, the payment is made directly without an intermediary. Transactions conducted between two parties in a network are then verified through a specific encoding process or cryptography. Well, Bitcoin is one of the existing cryptocurrency types, and is popular. In addition to Bitcoin there are more than a few crypto currencies similar to various names, such as ethereum, litecoin, etc. Many of these crypto currencies are short of devotees until they die one by one. In Bitcoin, if there are transactions of two persons, the other party in the network that can decode or verify the occurrence of the transaction, will be rewarded with bitcoin. This step is known as mining bitcoin (mining).

From what I've learned before, that David Yermack, researcher at the Bureau of Economic Research, New York University (2016) that bitcoin still fails to meet the criteria as a currency. It cites the basic functions of a currency, the medium of exchange, the a store of value, and the unit of account. Of the three criteria, bitcoin does not qualify as money. Yermack doubts that bitcoin can be a currency or means of payment acceptable to today's audiences. I agree with the analysis. If we look at bitcoin volatility in recent years is very high, much higher than the existing currency. This has an impact on the difficulty of calculating the short-term risks of bitcoin. In addition, the exchange rate of bitcoin in the day to day does not correlate at all with any currency in the world, nor with commodities such as gold for example. This makes bitcoin useless in risk management and difficult for the owner to hedge.

Let's look at one by one the money function on bitcoin for more details. First, as a medium of exchange. Bitcoin has no intrinsic value, so its value will depend largely on its usefulness in the economy or consumption. But in reality, today is still very small parties who use bitcoin in everyday life to make various payments. Few traders (merchants) are willing to accept bitcoin. Some countries such as Japan, for example, allow bitcoin to be used as a means of payment (not as legal tender or legal currency). But if we go to Japan, just a few, not to say very little, the store is willing to accept payment with bitcoin. Especially in other countries, including Indonesia. In other words, payments using bitcoins are currently very rare.

Second, as a unit of account. For users or buyers, we certainly look for ease in buying goods. For example, a bowl of chicken noodles cost Rp 25 thousand, a cup of coffee costs Rp 15 thousand. This will make it easy to calculate. But in the use of bitcoin, various problems arise, mainly due to its extreme volatility. The value of bitcoin can vary drastically from minute to minute. This makes it difficult for the seller to determine the price of an item. In addition, there is no uniform or fixed market price associated with bitcoin. I also tried to check on some bitcoin markets around the world, and the prices vary. This disparity, in the theory of market value, violates the law of one price for a currency. Why breaking? Because it is open most likely people to do arbitrage in the same market (buy cheap and sell high in commodities and the same time).

Third, as a store of value. When a currency serves as a store of value, the owner certainly has the expectation that the currency he holds can be obtained easily and can be redeemed for future goods or services as needed. The economic value of goods or services purchased in the future is expected to be equal to the money used or stored now.

From the above analysis it can be seen that Bitcoin, according to Yarmeck (2016), still can not meet the criteria as money because it has the deficiencies as above. Generally people currently hold bitcoin instead of being used as a means of payment, but rather to speculative investment. Bitcoin is also increasingly difficult to accept because it is disconnected with the payment system and banking in many countries, because most authorities in the world forbid it to be used as a means of payment.

I still don't get the main reason why people picks on the bounty hunter that they dump their coin whenever they received them.
My question is why do you have to complain on me selling or holding, do you have to decide what a worker should do with his or her earned money as if you both share same bills.

And if possible that their are a lot of dumper which partake in a particular bounty maybe just 60% of them in a 1% share of the total supply, so someone should explain affect the market price.

You guys just have to let we hunters be and sell at our convenient time.

I'm actually new to this industry and i want to earn some money without putting some in the line(A.K.A investing) and i doubt myself that i could actually know how to manage my coins is there any way to earn money that would kick start me in this industry?

I don't agree on this one except if you are doing trades or day trading. To me, I only buy potential altcoins so I have no reason to rush buying and selling them because I only picture the endgame. And another one is that none has that ability to have the perfect timing of making successful trades,

It has a point. A fiat is called currency because it is inskde the market, or it is what helps the economy to run. But if we see through those products we can comprehend that bitcoin also performs this kind of things. With this we can say that bitcoin is a currency, eventhough it is used as an investment.

You just make it seem so easy to do. Day trading is not easy and you can’t do trading if you don’t have another source of income that you’re relying on. So it’s best to have another work doing, where you can be able to raise money and invest in trading.

You know there are times when you will lose money in trading, and if you’re relying on day trading then you will end up being a loser. But when you have another source of income, that doesn’t affect you in any way.

Wow, and for a long time I never had interests in altcoins, I was just busy focusing on Bitcoin, and thank God it did pay off at last. It’s recently that I started looking into altcoins. Seems like it’s time I start to consider even more altcoins. And one thing with altcoins is that they are very cheap and if you buy at lowest and hold for a long term you will make profit.

Yes in this bearish market so many new coin and token listed in coin market cap but so many of them just copy others. With so many new coins every day, this is just increase the total supply of all coin and will be difficult for the price of that coin to going up. Not all new coin legit so make sure doing analysis and research before make invest in to it.

Hello there everyone...i have made some good money in couple of bounty campaigns like trade.io but after that i have not joined any other bounty campaign because i have not found any good one since then...please suggest me some good ones guys..will be grateful to you

i was thinking to sell my bitcoins and buy ethereum what do you thinkl guys

Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!

Vow, you expect a price on the moon, I can never think that BTC can rise so high, maybe this will happen in the dream but in real life it will never be possible. This price is where you are.

Eight months ago, my financial situation was not good at all,
I work that way, My income was about 45 to 50 dollars in the month,
I was disappointed with my income
Than a friend of mine suggested me to work with cryptocurrency. But I had no idea about cryptocurrency. Gradually, I learned to understand a lot about cryptocurrency, cryptocurrency gave me success in life, Now my income is 800 to 1500 dollars per month. Now I am very happy and now I believe cryptocurrency may change the financial condition