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Bitcoin / Bitcoin Discussion / Re: Btc good experience for young people
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on: March 04, 2018, 03:15:06 PM
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Hey, I'm not old but I'm closer to old than young. I was fortunate to get into the stock market early and even a couple ipo's which led me into real estate etc. so now I'm in crypto, follow it, read it still trying to figure it out. Anyway, although everyone is now talking Bitcoin I think this story has sent a message about saving and investing to younger people. I don't think speculation is a good lesson but the ability to do more with ur money than spend it or gain no interest in a bank account is a good thing and I only learned it by listening to others as I was making my way.
I don't think btc is the answer to everything and it could even crash, that would also be a lesson, but the US population in general does not save a lot of money, perhaps this new development could help change that.
Hi there Walrus1, I think we are on the same age range. Just like you I’m into forex trading. I agree with you to the notion that the bitcoin market is different from forex or commodity exchange. Some theories are not applicable in this field, but common one like RSI seems effective. I think the good benefit cryto bring to young ones the ability to try to invest in early age. Those traits gain from trading bitcoins will help them to face the future.
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222
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Bitcoin / Bitcoin Discussion / Re: Did i miss the train?
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on: March 04, 2018, 08:27:31 AM
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I sold my BTC at 8200$ and I have kept USDT. I thought to buy it at a lower price but that didn't happen. And when it comes to price 11000$, i thought it was about to fall and now it is fucking 12700$. I think many people have the same case.
What is your advice? 1/ Keep waiting, because it will definitely fall at 8,000, 9,000$ 2/ Buy the fucking BTC, because it will reach 15,000$ at the end of this year 3/ Buy another atlcoin any, because i miss the train.
Hi there silenthawk, if I were you I will go to number 3. But rather than buying an alt coin you could buy bitcoin it self. Let me give you a scenario, let say you bought at 1 point 12k and the price didn’t go up rather it fall from 10k., so you could then buy at 1 point 10k then you are just equal if you sell at 11k. Therefore selling the 2 point at 12k will be could give you a profit.
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223
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Bitcoin / Bitcoin Discussion / Re: Will bitcoin be used to support terrorists?
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on: March 02, 2018, 12:31:46 PM
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On March 8th, Cheollima Civil Defense(CCD) released a video on its website claiming:” Han Sol, the son of Kim Jong Nam, and two other family members were met quickly and relocated to safety. “ And they receive bitcoin for financial support. http://news.8btc.com/bitcoin-plays-a-role-in-humanitarian-assistance This is something nice to do. But what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening? What i am worrying is if bitcoin be widely used for bad things, negative news would be all over and bitcoin price will drop. It will lead to tougher regulation. Do u think world leaders are willing to kill btc to make sure they can fight terrirists? Hi there Doofus, long before bitcoin reach to the streamline there are hundreds and thousands of individuals who have used bitcoin to buy illegal stuffs like drugs. It is not far from letting terrorist knew the advantage of it or maybe before you and I even knew about bitcoin, they are using it year ahead of us. But still the price don’t drop but it even continuous to increase year by year.
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224
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Economy / Speculation / Re: 2018 good year or bad year for Cryptocurrency ?
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on: March 02, 2018, 11:58:01 AM
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Do you predict crypto to get to new highs or the opposite ? I speculate a sharp decline on Cryptocurrency specially Bitcoin this year. Call it a inner feeling.
Hi there Hooli1, my inner self said the exact opposite of your inner feeling. This year is a very good year for cryptocurrencies. We knew that this year we start rough, but due to the recent advancement and improvement of bitcoin network thru the help of segwit, the transaction speed is once more faster and cheaper than previous December. This triggers more opportunity to other company to look at bitcoin as an alternative to fiat.
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225
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Bitcoin / Bitcoin Discussion / Re: Bitcoin is NOT DEAD
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on: March 02, 2018, 11:37:40 AM
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Bitcoin is not dead lol. The price is getting low but bitcoin will not die quickly we can recover it in somehow. Many people thought bitcoin is secretly dying I just wanted to say that its wrong Bitcoin will back soon to higher value.
Hi there lyledark10, who said that bitcoin is dead? Who shoot him? Does he recovering in the hospital? Lol. Even if there are many people who are saying bitcoin will fall, that could be their propaganda to bring bitcoin price go down again so that they have a new opportunity to buy and sell again when the price is high. Bitcoin will never die even the price goes way below the ground, those coins are forever and there will be time when the price could sky rocket again.
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226
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Bitcoin / Bitcoin Discussion / Re: I'm gonna sell my house
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on: March 01, 2018, 10:25:58 AM
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I am sure we touched the bottom today. so i am going to real Estate Dealer for selling my house and buy bitcoin. I suggest you all do that
Hi there Potent, I hope you have made a good fortune about selling your house. But do you really sell it? And when do you plan to buy back it again? I have add some bitcoin in my portfolio last February fall just like you but, I just use my salary from a day job to do that. You are such a good risk taker by that move, I can't risk my house just like what you did, wish you a great fortune.
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227
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Bitcoin / Bitcoin Discussion / Re: bitcoin cannot replace currency in the world because price is not stable
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on: March 01, 2018, 03:25:15 AM
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bitcoin cannot replace currency in the world because price is not stable. currency should be more stable. you may reply me. currency is not stable also but you should think USD currency price is up and down 1-2% in 1 month. bitcoin price is up and down 20% in 1 month. what will people think if they just change USD to bitcoin then their money down 10% in 10 minutes? bitcoin can become stock but cannot become currency
Hi there facenew111, your opinion could be true but not most all of it. First, I agree with you that the price of bitcoin is not stable but it is not the reason why companies prefer usd rather than bitcoins. Let say you want to send money in the across the globe using money transfer company, they charged from 5-10% and could be transfer for about 10 mins to an hour. If it is bitcoins, those fees and speed could be much cheaper and faster, transaction fees nowadays in my wallet of choice range below 1%. so that is a huge cut cost.
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228
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Economy / Services / Re: KARATbank Sig &Avatar Campaign
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on: February 28, 2018, 07:00:04 AM
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I hope to work with you again...Thank you.
Btctalk name: markleal Rank: Member Current post count: 280 BTC Address: 16Z9GtAehyaMZe42LMakxvRtq1koeXKPYh Wear appropriate signature YEs Wear avatar N/A
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229
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Economy / Services / Re: Decent Signature Campaign
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on: February 27, 2018, 03:40:59 PM
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Btctalk name: markleal Rank: Member Current post count: 280 BTC Address: 16Z9GtAehyaMZe42LMakxvRtq1koeXKPYh Wear appropriate signature YEs Wear avatar N/A
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234
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Bitcoin / Bitcoin Discussion / Re: You can actually buy a lot of things with Bitcoin
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on: January 30, 2018, 06:30:36 PM
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Bitcoin is just a virtual currency, but it is used as real money to buy many things. There are many people who accept Bitcoin payments for items, including online stores and regular stores. Popular online stores accept Bitcoins including Newegg, Overstock, Microsoft, Dell and more.
In the United States, there are Reeds Jewelers, One Shot Hotels, Holiday Inn, and even pizza locations, restaurants and more. You can even use Bitcoin to buy addictive drugs, gambling, bullion, or even donate to charity. This is the reason why I like BTC.
Hi there SherryHurry! Yeah your right, there are even restaurant that accept bitcoin, have you seen the KFC advertisement, I just hope I live there to try of the chicken bought thru bitcoin is much more tastier than fiat based chicken price. lol. Anyway, one of I think that would surely accelerate more is that if ebay or amazon start to accept bitcoin as a payment, I can't imagine how good it is. I never bought physical items using bitcoin, I always use it as payment for services.
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235
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Economy / Speculation / Re: time to buy bitcoin
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on: January 30, 2018, 05:37:18 PM
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you think this is the right time to buy and hold bitcoins? because from 19k its 11k today. Hi there JimXcrab! Yes it is a good time to buy because the direction of price is going north for the next few weeks. For your information, the price even go deep from 9k couple weeks ago. What you could do is just simply to buy until the price is could be considered quite way below average. Some analyst says that before the first quarter ends the price could hit the all time high of 20k again.
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236
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Other / Beginners & Help / Re: tips for begginers
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on: January 30, 2018, 03:50:13 PM
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any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
Hi there milo07! Ill give you five tips. First, read a lot more before going into serious trading, there are tons of tutorial out there for you to start with. Second, choose an exchange that will meet your expectation, remember there are exchange that are fitted for new trader, which offer low or even no fee on buying and selling under several limitations. Third, don't place your invest all at once, if you will allot 10k for trading place 5k-7k first, for you to move freely. You will understand it when you get there. Fourth, don't focus on one coin only, sometimes the price of your coin didn't swing enough thus you will earn almost nothing. And lastly, if you are stress due to manual trading, there are bots out there to ease your task, but some did not perform well. Good Luck!
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237
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Bitcoin / Bitcoin Discussion / Re: Why people attract for the BitCoin than other crypto currency?
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on: January 30, 2018, 02:26:02 PM
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Please give your opinions.
Hi there amaljinadasa! The basic answer for most is the that they want to be part of the technology, they want to be in trend. To others, they found bitcoin and other crypto could give them extra bucks of income. Other found it a huge deal and could generate income enough to sustain their daily living and needs. Just like me, I use the income in my investment to pay for bills like the internet fee.
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238
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Other / Beginners & Help / Re: cryptocurrency
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on: January 30, 2018, 05:23:23 AM
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First of all, I suppose you should differ cryptocurrencies based on protocol behind then. Basically we could to separate protocols by next features: 1) Block validators motivation way based on consensus 2) Transaction and data storing rules One of them give us way to exchange value in a private way (ZCash, Monero, Dash), another provide VM for smart-contracts. Some of them allow anyone to mine cryptocurrency, another require stakes to "forge" coins. I think great way to understand most of them: select some which is most interested for you from list below and we will discuss more about them: Top 100 Cryptocurrencies in few wordsName | Sym. | Description ----------------|-------|------------------------------------------ Bitcoin | BTC | Digital gold Ethereum | ETH | Programmable contracts and money Bitcoin Cash | BCH | Bitcoin clone Ripple | XRP | Enterprise payment settlement network Litecoin | LTC | Faster Bitcoin Dash | DASH | Privacy-focused Bitcoin clone NEO | NEO | Chinese-market Ethereum NEM | XEM | Batteries-included digital assets Monero | XMR | Private digital cash Ethereum Classic| ETC | Ethereum clone IOTA | MIOTA | Internet-of-things payments Qtum | QTUM | Ethereum contracts on Bitcoin OmiseGO | OMG | Banking, remittance, and exchange Zcash | ZEC | Private digital cash BitConnect | BCC | Madoff-like investment fund Lisk | LSK | Decentralized applications in JavaScript Cardano | ADA | Layered currency and contracts Tether | USDT | Price = 1 USD Stellar Lumens | XLM | Digital IOUs EOS | EOS | Decentralized applications on WebAssembly Hshare | HSR | Blockchain switchboard Waves | WAVES | Decentralized exchange and crowdfunding Stratis | STRAT | Decentralized applications in C# Komodo | KMD | Decentralized ICOs Ark | ARK | Blockchain switchboard Electroneum | ETN | Monero clone Bytecoin | BCN | Privacy-focused cryptocurrency Steem | STEEM | Reddit with money voting Ardor | ARDR | Blockchain for spawning blockchains Binance Coin | BNB | Pay Binance exchange fees Augur | REP | Decentralized prediction market Populous | PPT | Invoice trading futures Decred | DCR | Bitcoin with alternative governance TenX | PAY | Cryptocurrency credit card MaidSafeCoin | MAID | Rent disk space BitcoinDark | BTCD | Zcoin close BitShares | BTS | Decentralized exchange Golem | GNT | Rent other people's computers PIVX | PIVX | Inflationary Dash clone Gas | GAS | Pay fees on Neo TRON | TRX | In-app-purchases Vertcoin | VTC | Bitcoin clone MonaCoin | MONA | Japanese Dogecoin Factom | FCT | Decentralized record keeping Basic Attention | BAT | Decentralized ad network SALT | SALT | Cryptocurrency-backed loans Kyber Network | KNC | Decentralized exchange Dogecoin | DOGE | Serious meme bitcoin clone DigixDAO | DGD | Organisation manages tokenized gold Veritaseum | VERI | Vaporware Walton | WTC | IoT Blockchain SingularDTV | SNGLS | Decentralized Netflix Bytom | BTM | Physical assets as tokens Byteball Bytes | GBYTE | Decentralized database and currency GameCredits | GAME | Video game currency Metaverse ETP | ETP | Chinese Ethereum plus identity GXShares | GXS | Decentralized Chinese Equifax Syscoin | SYS | Decentralized marketplace Siacoin | SC | Rent disk space Status | SNT | Decentralized application browser 0x | ZRX | Decentralized exchange Verge | XVG | Privacy Dogecoin Lykke | LKK | Digital asset exchange Civic | CVC | Identity and Authentication App Blocknet | BLOCK | Decentralized exchange Metal | MTL | Payments with rewards program Iconomi | ICN | Digital asset investment funds Aeternity | AE | Decentralized apps (prototype) DigiByte | DGB | Faster Bitcoin Bancor | BNT | Token Index Funds Ripio Credit | RCN | Co-signed Cryptocurrency Loans ATMChain | ATM | Advertising network Gnosis | GNO | Decentralized prediction market VeChain | VEN | Supply chain item IDs Pura | PURA | Cryptocurrency Particl | PART | Privacy marketplace and chat KuCoin Shares | KCS | Profit-sharing exchange fees Bitquence | BQX | Mint for cryptocurrency investments FunFair | FUN | Decentralized casino ChainLink | LINK | External data for contracts Power Ledger | POWR | Airbnb for electricity Nxt | NXT | Cryptocurrency and marketplace Monaco | MCO | Cryptocurrency credit card Cryptonex | CNX | Zerocoin clone MCAP | MCAP | Mining investment fund Storj | STORJ | Rent disk space ZenCash | ZEN | Privacy-focused Bitcoin clone Nexus | NXS | Bitcoin clone Neblio | NEBL | Decentralized application platform Zeusshield | ZSC | Decentralized insurance Streamr DATAcoin| DATA | Real-time data marketplace ZCoin | XZC | Private digital cash NAV Coin | NAV | Bitcoin with private transactions AdEx | ADX | Advertising exchange Open Trading | OTN | Decentralized exchange SmartCash | SMART | Zcoin clone with rewards Bitdeal | BDL | Bitcoin clone Loopring | LRC | Decentralized exchange Edgeless | EDG | Decentralized casino FairCoin | FAIR | Bitcoin that rewards savers
Hi there alerdenisov! Nice post! I wonder if you could have include the programming languages they use in each of those coins and it could be more awesome if the protocols were also be indicated. Anyway, I can't see a table like that so i affirm your good work there. I just don't have enough merit to add it for you. what are the different types of cryptocurrencies? what are the major differeces?
I think you could also check this post https://bitcointalk.org/index.php?topic=134179.0 to to gain more further insight with different coins. As of now most of the so called "major coins" are listed by their price and popularity or other are by market cap and traded volume and not by the innovation it brings.
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239
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Bitcoin / Bitcoin Discussion / Re: Bitcoin to eliminate unemployment.
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on: January 30, 2018, 04:02:29 AM
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Almost every country has unemployment problems. There are many young boys who are working unemployed. But the days of settling their turn are over. Now, if you wish, you can earn a lot of money sitting in the house. Bitcoin can earn their unemployment by earning. It can be possible to improve the country by improving their lives by earning bitcoin. That is why Bitcoin among all Habetahale to spread the knowledge of the second day will increase the demand for Bitcoin.
Hi there rony01941! In deed bitcoin could help the people who are not employed, and even to those who are employeed, bitcoin could give then extra income. However, I do doubt that it could help the government or the country as a whole because some countries did not get revenue thru tax from people who are gaining income from bitcoin and other crypto.
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240
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Bitcoin / Bitcoin Discussion / Re: Can Bitcoin Really End World Poverty?
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on: January 28, 2018, 07:12:06 PM
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Hi there bornil267645! Based on what is stated I think he is pointing out to end world poverty because the transaction cost of processing the payment using blockchain technology is way much more cheaper than the check or credit card verification and payment transaction processing. I can't even see the statement that said bring bitcoin could make earning rather than a cut cost in transactions. You could continue to read at page two to comprehend the whole story. Anyway, as I believe bitcoin could bring extra revenue to people but way far from lifting poverty in the whole world.
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