Bitcoin Forum
November 12, 2018, 09:26:43 PM *
News: Latest Bitcoin Core release: 0.17.0 [Torrent].
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 [43] 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 »
841  Economy / Economics / Re: let us promote BITCOIN on: February 25, 2018, 04:07:40 PM
The thread itself doesn't have a direct point but since you're like pointing out the positive aspects of Bitcoin then it is all about how convenient it gives to people using computer to buy online without using credit card that might even have its own hidden charges from the bank unlike Bitcoin where the additional charges you might get were mostly from miners fee, and another could be taxes if the government fully supports Bitcoin now. The title states "let us promote Bitcoin". If you really wanted to promote Bitcoin, then it should be externally not internally in this forum as everyone is already aware of it even the investors in the altcoin section. Facebook isn't practical method of promoting anymore due to Mark Zuckerberg's ban to these advertisement. Commercial is conditional as some countries ban Bitcoin and doing that might result you to even more risks.
842  Bitcoin / Bitcoin Discussion / Re: As a beginner is it too late ? on: February 25, 2018, 03:13:28 PM
There is no too late and there is no too early when it comes to cryptocurrency. Market crashes happen and it is unavoidable as prices swings happens due to different investors in different countries. Whether you buy now or not, the decision will always be up to you and it will always be optimal to buy regardless of how many would you like to invest and you could still get a few coins from your investment. Same goes for other alt coins where investment is also optimal as some coins grow slowly and some people might underestimate its value for now then in the next decade it massively jumped to some value that it made it next to Bitcoin.
843  Economy / Economics / Re: We need to do something about all the scams on: February 25, 2018, 01:44:12 PM
If you're a really wise investor and not just looking to earn profit from the project, you can have the low probability to get scammed. Somehow and sometimes, even the most structured projects could prove a scam as their only sole goal is to run with everyone's investments and disappear into thin air. A brief history of the team could prove its legitimacy. The team composition won't help you that much, so instead of looking into that, why not look into the history of each members of the team and find each of their history. Did their previous joined project succeed or it just ended up in a collapse? Researching about the legitimacy of project could prove difficult as it is done in the internet and they can fake every single identities of every members of the team just to make it look like legit. Consider also the partnership of the project itself.
844  Alternate cryptocurrencies / Altcoin Discussion / Re: What you do for security? on: February 24, 2018, 06:06:19 PM
Since it isn't really that 100% secured in putting your money in cryptos, either use a hardware wallet, avoid online wallets and if I'm gonna use software wallets especially Electrum then I would require to secure my computer also against all such malwares especially spyware since spywares are the usual softwares that would pretty much touch your files instead of destroying your file itself. Avoiding to let your private key to be imported in a trading site is quite advisable especially if you're using MEW in EtherDelta is quite a good pratice, like EtherDelta has its own DNS hack not long time ago so there's that.
845  Economy / Trading Discussion / Re: my ether wallet can be hacked??/ on: February 24, 2018, 05:12:09 PM
It can be hacked if you don't know what you're doing as MEW is entirely under your responsibility when the site gives you your private key. Once the site gives you your wallet file and your private key, that's it for them and you're on your own on what you will do with it. Since it is entirely your responsibility, the responsibility quite extends up to the computer you're using as there will be spyware that could snoop in your files and steal your wallet if the hackers are anonymously a cryptocurrency users. Your wallet could also be hacked when you imported your file in a trading/exchange site as these are all vulnerable to thieves of the cryptocurrency, just like the old issue in Mt. Gox. Check your computer for anti-viruses to avoid all threatening access into your wallet. Check also the trading site where you're gonna import your wallet file. I primarily use EtherDelta for trading and you could import your wallet file to save time and avoid having too much wallet in a single computer.
846  Economy / Trading Discussion / Re: How to know before the Dump? on: February 24, 2018, 05:00:02 PM
So i want to know is there any strategy to protect your balance before the dump?

Protect? You can't. You already know that investment even in stock market has its own risk. From scams to failure of the project, every investment has carries its own risk. In cryptocurrency, you're risking your fiat money into a digital currency with a property of a volatile asset that could go down in price anytime. Even a partial investment is still risky even if you know that you could still earn partially from your investment, as if majority of the coins like Bitcoin, Ethereum and Litecoin goes red then most of the coins also follow up as these are widely used in trading purposes in the market. If you would really like to protect your balance then don't risk the amount of fiat cash that you can't afford to lose. Start by little in investment, so it won't all go loss when market goes into a dip in price one time.
847  Bitcoin / Bitcoin Discussion / Re: 10 years and no country has approved Bitcoin ?? on: February 24, 2018, 03:30:34 PM
Japan is already using it in salary for such companies. There are some countries putting regulation into it. Korea that starts to put up an real-name trading exchanges and India, however, is okay with Bitcoin but not gonna let it be used as a payment method as of now. I think it would be appropriate to say that there are still a lot of country that are neutral to Bitcoin. It is legal to most of countries but not yet fully supported by the government as it still doesn't prove a stability as an instrument or gateway to pay online or even upfront. On the other side, few countries have banned it though due to strict policies of the government and the fear of crashes in the market that might turn the value of BTC to zero which isn't really going to happen.
848  Bitcoin / Bitcoin Discussion / Re: My advice to Bitcoin newbies: relax on: February 24, 2018, 02:29:50 PM
You can't force these holders to just relax as they might be having a personal strategy for their finances that's why they're selling in a fall. When price of the Bitcoin continues to swing, just let these fellas panic as it is their own personal loss anyway when Bitcoin starts to rise again leading to their own regret. Remember how Bitcoin was predicted to die many times and imagine how many people are selling their regrets now after that. Market will not always rise to the moon especially to the volatility behavior of Bitcoin. Even if there will be a lot of bulls running, it will start to get exhausted at a time and it will drop occasionally but it doesn't mean that it is dying as it lose its market cap or price. It is just having those little correction.
849  Bitcoin / Bitcoin Discussion / Re: I'm so happy this is happening! on: February 24, 2018, 02:14:47 PM
Doesn't it seem like that Bitcoin should be opening a lot of opportunities to a lot of people to invest at? Why would some people quit on Bitcoin when its price is down? I mean it is a door to new investors not just to the existing investors in the market. It is also an opportunity for Bitcoin to rise even higher than expected because the new investors that just have its ride to cryptocurrency might find it more convenient and they might think of buying even more because of that. For all the people that quit on the cryptos because of the low price it set foot before, it is a loss for them especially for those sellers that went all-in on their Bitcoin and truly gave up. Now for us, the wise investors, will just keep waiting until we reach the peak of the price of Bitcoin and become one of its development in technology not just in price.
850  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto day trading is more stressful than I thought! on: February 23, 2018, 02:51:14 PM
For reality aspect, it will be really hard for you to trade efficiently in the crypto market. Since we're talking about crypto which isn't just talking about the Bitcoin only and what we're talking about here is all the coins that exists, sustains and drops in the market. Since Bitcoin is the dominant currency right now, it is the most widely used currency to build up capital for trading whether to buy another coins or simply just trade it to cash on whichever you decide at. Bitcoin as we all know continues to fluctuate, because investors aren't local and they're global even for the miners that confirms the transactions in every trades made. In crypto trading, being active is a must as you might miss a lot of opportunities to sell/buy at low/high margin of price you can make. It is happening globally and you're one of the million or even billions of trader that competes in the market to sell at high. Since predicting the coins won't help you that much and it is simply a prediction and not the actual movement of the price, just use those to set your Plan A on how many coins you're gonna sell as your supply at that current time.
851  Economy / Speculation / Re: What is better Trade or Invest? on: February 23, 2018, 02:01:43 PM
Depends on your situation. Do you have enough capital to start trading your Bitcoin with any other coins or trade Bitcoins with cash? If you're still starting up then investment would be your choice as you can build your capital in here. However building capital from your investment will be quite a longer time before you can successfully trade with risking a risk-able amount as we all know that Bitcoin is a very volatile asset. Another risky method to build up your capital for trading is putting your fiat cash to buy Bitcoin then use those as your trading capital. You should plan it out how much because you might lose more in your trades. Both trading and investing are risky as we all know. You could have missed a lot of opportunity to buy a lot of Bitcoin during the large fall in price during first quarter of February, but you can still build up more by buying in small portions and not in bulk because price isn't sleeping here in Bitcoin. In investing also you have lot of coins to invest at and not just Bitcoin however not all of them can guarantee you a profit as most of them fade out in the market fast because of the massive sellers after reaching the exchanges.
852  Alternate cryptocurrencies / Altcoin Discussion / Re: Eth founder says crypto could go to zero anytime on: February 23, 2018, 11:13:35 AM
I think some people are reacting too much on the statement "could go to zero anytime". Did they misinterpreted in the way it that it will drop rapidly to zero? Buterin just simply stated that it is still new and still is developing continuously. Of course every early development of something will always be unstable and unreliable because just like in games or software, there are things we know as bugs but bugs aren't applicable in cryptocurrency but rather than its behavior in the market. I hope this doesn't cause that much of panic as this statement came from the founder of the ETH and of course people will believe in it but I hope people will be think wisely and logically about this. The dev himself doesn't want to put too much overconfidence in his creation because it might cause disappointment to investors in the crypto, although this isn't full discouragement same goes to encouragement, he is just being neutral to it.
853  Economy / Trading Discussion / Re: Is technical analysis useful? on: February 22, 2018, 05:08:44 PM
It is useful but you can't rely on it in a hundred percent. This technical methodology of predicting the movement of the price can't provide aid to your trading strategy when you know that something will fall at that time. Since price movement could just be always 50/50 and up and down in its movement, you could make your trading plan before that day of prediction gets evaluated. Some known sites making these technical analysis like newsBTC or even DailyFX are the sites you can check out when you're gonna making your trading plan book in a week. Remember that cryptos especially Bitcoin are a volatile and an unstable asset, these predictions coming from the intervals of the price increase from previous histories could still prove to be invalid but take consideration of it in your plans on what coins do you want to trade in bulk or in short-terms.
854  Bitcoin / Bitcoin Discussion / Re: How is India affecting Bitcoin prices ? on: February 22, 2018, 04:46:31 PM
Recent news are happening lately how about the tightening of the security in trading inside the cryptocurrency market. Due to this, not all people can understand or comprehend the new issue going on. Safer than sorry then they will sell their coins causing the price to go down. We can't really compare how India people will react towards these unlike other people as there are still a lot of new investors coming in to cryptocurrency in a largely populated country where probability of the investment of new or inexperienced people  to invest is high. Same concept applies - Strong investors hold, weaker investors panic. No exceptions to all the countries around the world, Eastern and Western.
855  Economy / Economics / Re: Chinese New Year - Effect On Crypto on: February 22, 2018, 03:46:47 PM
Chinese New Year won't make that much of an impact generally to the price as the holiday is mostly focused only on a single country unlike the New Year where all the people around the world will make preparations for their own festivals or even parties that also is connected to many people selling their coins for money. In my country, a simple celebration is just being made during Chinese New Year and nothing much grand unlike the New Year itself, so in my opinion it will just have its own slight fall in the market cap same goes to the price of the coins in the crypo economy as the large quantity of sellers would mostly come from China and there will just be less people to sell in other countries like mine unless some people embraces the Chinese culture as the socio-economic factor for Bitcoin and they will sell their coins to celebrate it.
856  Economy / Economics / Re: Can you start from zero cash and make a living with the opportunities in crypto? on: February 22, 2018, 03:03:33 PM
Zero cash? For both literally and figuratively, no. In crypto, you're dealing with probabilities in increase although these probabilities are quite high for both sides, it is still not guaranteed that you're gonna be from zero to stable life. In a figurative way that you're independent and still have no job, it is quite difficult to get in into the cryptocurrency trading as you need to be constant in being online to keep an eye out of your trading remarks/profit. Inside of being active, you're gonna have a lot liabilities in your activity from electric bill to net bill. You should have a secured profit, secured in the way that you don't depend on the probabilities of the price to go up for you to sell. This is why it is still isn't advisable to rely on crypto and you still need to get a serious/stable job before you manage your time in crypto as you're gonna cover all these liabilities with your salary from your job.
857  Bitcoin / Bitcoin Discussion / Re: If Bitcoin die, no more cryptos can alive. on: February 22, 2018, 02:49:37 PM
As what you had said, it could be ETH but we never know how could ETH sustain, but since it doesn't have that kind of limited block for anyone to invest at. It could dominate after Bitcoin. As for your own statement that:

But, I don't think so.

If BTC die, there will be no more cryptocurrencies.

This needs quite a study before we can say the crypto will slowly die if Bitcoin dies. In every reds of the Bitcoin, other coins also follow-up. It is due to Bitcoin is like the general coin to buy all these coins laying in the market itself. From XRP to ETH and any other coins, Bitcoin was widely used to buy all these cryptos so it could have a tiny links between all these coins and the Bitcoin. If Bitcoin dies slowly, there could be any other currency that will replace it aside from ETH but it is a bit unlikely that any other coin below these top coins in the Coinmarketcap could replace Bitcoin someday.
858  Economy / Speculation / Re: Bitcoin back below 6K on: February 22, 2018, 02:33:51 PM
I'm afraid if Bitcoin back below 6K again

If you're new to these kind of behaviors in the crypto world then I wouldn't be surprised especially if you're putting some efforts in trading and you're thinking what could be the cause of the plunge in price. However if you're not, then you're not supposed to react like this as this is the behavior of the price itself in the crypto as it is kind of manipulated in the global demand. If Bitcoin will dip within 6k then that is the best opportunity for you to buy right now.
859  Bitcoin / Bitcoin Discussion / Re: 15,000usd at the end of Feb for Bitcoin?? on: February 21, 2018, 02:01:17 PM
Right now, it fell below 11k and it is in doubt to reach that high within 1 week unless the bulls forced push in their investments or purchases. A recent news in Bangladesh was just reported about the Bangladesh bank really halting their people to make any transaction that is under cryptos especially Bitcoin. With this kind of news getting stated again, which was reported since 2014, could prove a fear to new investors. However Bitcoin users that are quite used to these kind of use now wouldn't panic at these. March is about to approach and it could be another run to the top again for Bitcoin that month.
860  Bitcoin / Bitcoin Discussion / Re: can bitcoin govern the whole world? on: February 21, 2018, 12:19:04 PM
Can bitcoin govern the world of business market, govern the world of every payments as it is moving to make it the future money.?

A lot of problems were already happening in the economy and I don't think that anytime sooner that Bitcoin will truly manipulate the whole finance system globally. The convenience it can already provide by allowing the online transaction makes it quite a discussion to be used as a money in physical markets, but before these convenience can be used in the world market, there are still some problems to be considered. We're talking about technology here and because of these not all countries can follow up because of the economic status they currently have. The provision of technology will prove quite difficult for government to give as poverty is an economic problem that keeps emphasizing the difficulty of adoption in technologies as of these days. In general, poverty is quite hindering the adoption of Bitcoin and technologies in other countries making it incapable of being the future money as it might emphasize poverty even more rather than prevent it from increasing.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 [43] 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 »
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!