Latest posts of: BagzMM

Quote from: gamalzour on May 12, 2018, 07:58:33 AM

Quote from: Sword555 on May 07, 2018, 07:37:39 AM

I’m sure it’s not so easy to believe in bitcoin through its all ups and downs and be full of hope for the future boost at a long-time investment, but I’m sure it’s not worth panic btc is going to be on top again.

Bitcoin investment needs patience and dare to face different situations. A good businessman never afraid of up and down because he knows the market position and takes keen interest what’s going on. I think I will never quit bitcoin due to fall in the price because I know that in the future the price will grow more and I will make handsome profit from my holdings.

Yeah you are right, investing in BTC needs self-restraint because of its unpredictable market. Just believe it for the future.

Quote from: loreykyutt05 on May 20, 2018, 11:50:13 PM

I agree that holding alts are dangerous same as holding bitcoin , there was just lot of risk when investing on alts compare to bitcoin since most of the alts can be easily manipulated , there was lot of return on alts and lot of risk also , so if you have a big risk appetite you could invest on alts and you may gain a lot of returns in the near future.

Yes, you have a point in there. Holding alts is also dangerous it is because it is part of a crytocurrency market.We all know the volatility of the thread so we must be more cautious of what is happening in crypto market.

Quote from: futureofeth on May 12, 2018, 11:09:38 AM

Yes, we have to be very careful while investing because we can't dumbly invest into altcoin without researching those. So, it is good to find the potential coin and which has the ability to develop the roadmap and their progress will always help us to make money. Otherwise, we will end up in loss.

Yeah i agree, the logic is if we invest something there should be profit. But before we invest we should think first on our financial stability. Because for me, not everyone is in a financial situation where it makes sense to invest in anything more risky than a savings account or a ready-made retirement plan. We need also time, effort and a mindset or the knowledge to make it work. We must be careful otherwise you will lose it.

Quote from: electrobit on May 18, 2018, 01:32:49 PM

Hi, have you ever thought this?

You know that, to import a wallet you need the private key or your seed. Taking as example the private key (the 52 letters key). It could exist the possibility someone create a software whose function was to try thousands of times to find the private key till it is be done.This would be like the process to find the new block in mining, anyway you can try the times you want in order to find it.

I think this could be a weakness, correct me if I am wrong.

Or comment if you have a kind of solution for this...

Regards!

Yes, anyone can steal your BTC. It is a common occurrence nowadays in crypto space. Online investment companies which deal with cryptocurrencies have recently become increasingly perceived with a negative bias. The scammers are so brilliant in deceiving unsuspecting investors. They seem to ride on the anonymous characteristics of the industry.

Quote from: dwsgh on March 06, 2018, 04:37:39 AM

Financial technologies such as bitcoin, P2P lending and crowdfunding are just beginning to take off, and businesses involved in the industry pose little immediate threat to traditional commercial banks. Banks, after all, the country's economic lifeline, so I think the bank is still very important, do you think?

Yes , i agree. Banks plays great significance in the financial system and economy.It is the key component in financial system that allocates funds. However, with the evolution of Bitcoin, the scenario has changed. The economic power that vested in the government and central banks is shifting to the public. This economic power can be challenged by people with this digital currencies.

Quote from: ahmedbrown on May 10, 2018, 09:33:18 PM

CRYPTOCURRENCY BEST RULES. ALWAYS FOLLOW THESE.

#Patience is the key to success in trading

#Never be panic ,never sell in loss if coin is already dump

#Always wait for right time to buy.

#Sell when you feel good.

#Don't fall in love with one coin.

#Don't worry and cry if market will be sudden dump due to bad news.

#Don't enter in the peak value of coin if you have no idea about the achieved target.

#Don't forget stop-loss on support if coin has multiple supports.

#Don't invest in dead coin.

#Trade at your own risk.

#And last dont regret if you sell a coin and coin goes up afterwards ,profit is always profit ,because in both situation you will regret if coin goes down you will say why i didnt sell and if coin goes up you will say shit ,why i need wait I sell in low price but the thing is profit is always better ,profit is profit ,always set what percentage you want from the particular coin and sell it .Never regret next trade is waiting for you.

IF YOU FOLLOW THESE RULES NO ONE CAN BEAT YOU IN TRADING .

Yes, I agree of the rules to become one of the successful traders but we also not forget to ask guidance to the one who created everything and that is our Almighty God.

Quote from: Razor5 on November 10, 2017, 10:43:18 AM

I still think Monero is the best. I check out other coins but they didn't convince me. Maybe Verge has a change in the long term but I'm not too confident just like I was in Monero. If a new privacy coin comes up with greater idea I would happily support it.

Yes, i agree Monero is the best one. It keeps transaction information of its users completely anonymous.

Quote from: MaidaKalani on May 18, 2018, 06:08:12 AM

The most commonly found in the loss of bitcoin or altcoin is human error. just enter a private key into an airdrop form and an application that contains trojans or malware that is eventually embedded in the pc. be careful in using tools or applications because of the RAT is not really good. And keep your coin from being stolen by others

Yeah i agree, it is commonly a human error that's why we need to be cautious in accessing sites. Hackers have their ways to fool anyone so as having a crypto wallet we need to safeguard it through an applications or hardware that will protect any cryto wallet.

Quote from: rejekitiban on May 09, 2018, 07:42:41 AM

Quote from: omonuyak on February 03, 2018, 10:42:17 AM

Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!

Of course, If many peoples sell out of panic, they are contributing to the dump. The supply will high but the demand low. The market will go down.

Being knowledgeable in this technology will ease you from doing panic on what happenings around the cryptocurrency. Yes, those panic buyers had been contributing on the dumps but they were just a victims of ignorance or having wrong understanding about this technology. Somehow they will realize what they did is not good or not profitable on there part as they go along they will learn from there experiences.

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Quote from: thecryptillian on January 02, 2018, 01:05:16 PM

So Bitcoin's market dominance in the cryptocurrency world is currently at the lowest level ever with 36.1% of the total value.

In my opinion, it's because the interest in alternative coins is rising rapidly for one, but you also have to consider how much of the bitcoin world is criminal. Seriously, for the first 5-8 years, the digital currency was mainly used as a means for criminals to launder money and sell illegal goods on the dark market. Think of all the massive hacks in the early days also, and all those darknet markets that disappeared with huge amounts of bitcoin.

Literally millions and millions of the 16 million coins out there would be owned by criminals. And now with bitcoin becoming more centralized and less anonymous, they are swiftly exiting the market and looking for alternative dark coins.

I also personally avoid using bitcoin all-together because of the extremely slow transaction speeds and high cost's associated with it.

The bitcoin mining business is dust, so that interest will die quickly.

I just don't see a very bright future for the god of cryptocurrency and it will surely be surpassed by one of its rivals soon enough.

I'm torn between predicting it to be Dash, or Ethereum, and I recon it could be about 2 years before that happens.

Would love to know peoples thoughts on the future of bitcoin.

Where will bitcoin be in

2 weeks?
2 months?
2 years?

Will it be surpassed by another coin? If so, which one and when?

It's normal that the dominance of bitcoin will be reduced as the price has been at 50% from the all time high and once the price will start to rally the dominance will also goes higher. So nothing to worry.

Quote from: simongoat on May 13, 2018, 10:36:29 AM

People on youtube are saying the current market is being manipulated by the deep state. They are trying to control the market, the same as they did with gold and silver. Trying to get the weak hands to sell so the rich institutions can buy it up on the cheap. They don't loads of new millionaires who don't need to work or rely on the system being created.

There doesn't seem to be an end in sight and as investing in bitcoin and crypto is really addictive, time consuming, fun, energy sapping, exciting and distracting this is the perfect time to switch off for a bit. And its been quite nice not to have everything crypto running in the background of my mind all the time.

Those who have here for quick bucks and having doubts about crypto currency then they can leave and stop spreading FUD. Crypto don't need those type of investors as they can be the source of panic selling.

Quote from: ainimarch112 on May 04, 2018, 11:04:20 PM

There are so many New ICO's these day ? Is that safe to invest in ICO ? any 1 invested in 2018 ? 2017 was the year of ICO's but is that still safe to invest ? or how to know which ICO is good to invest ? like GIG9, Eligma, Medicalchain, Trustedthealth

Investing in ICO is too risky but the profits could be exponentially higher than investing in bitcoin as the ico has a higher chance that the price will become x1000 if you had chosen the right and legit ICO. Yeah you need to do research and investigate at your own way to prevent being scammed.

Quote from: Ludmilla_rose1995 on May 09, 2018, 02:57:35 AM

which I see is like that. and I think that's how it works. how to keep the market stable. I think bitcoin also has a continuity between other altcoins. but that's just my perception

Yeah that's true. People will invest first in bitcoin and once they have get a good profits they will trade it with altcoins in hopes that they will get the biggest break once the altcoins do the pumps. And after the pumps they will return back to bitcoin will bigger investment. This is a cycle of small scale investors.

Quote from: Titanos on May 13, 2018, 07:37:16 PM

Bitcoin lost its feature as a currency because of its high volatility and the possibilities of making profit. Maybe it will be more used as currency if the price is (somehow) more stable and more stores accepts Bitcoin in the future.

Yeah that's true it's difficult for bitcoin to go mainstream as the price can change from to time. To add the confirmation and transaction fee are also a problem that need to address by the developer itself. Maybe this will only serve as a digital asset rather than a currency.

Wow what a nice story. At the age of 12 he has already that confidence and believe to the Bitcoin technology and after 6 years of waiting and not get affected by fud he gets his reward and become millionaire. He is so brilliant and brave to take all risk at young age. Congrats dude

Quote from: liivii on April 22, 2018, 10:25:01 AM

The decision is all based from your status right now, like for example you really need money right now for some personal or emergency situations and you think you gain some profit then that is the best time to sell your coins. Another example is you afraid to lose your capital and all the profit you gain then sell it but there is one time in your life that you will regret the decision you've made. While on the other side if you are one of those people who have dreams to be a successful person someday and at the same time you are ready to face the consequences whether its good or bad then holding is the best choice for you.

Yeah op should keep holding his coins and be patient to wait for the pumping time as this will come in due time. Selling it now will not gain a good value unless you in need of fiat money. I will prefer to borrow fiat money than seeling my altcoins as I believe that it will land to the moon someday.

Quote from: ahmedbrown on May 10, 2018, 09:33:18 PM

That's a good tips to be a trader but above all you should use your common sense as you will be responsible for your action. Do a research in every coins you want to put your money and decide at your own risk.

Quote from: InahC on March 30, 2018, 11:14:11 AM

I agree. If you look at the bitcoin you can increase your bitcoin value instead of usd as of the moment so when the bitcoin price increases again you can earn a lot more money.

In bitcoin investment you should always have maximum tolerance to be patient as we can't predict the price if this will go up or go dip. Yeah we always want the price to go higher as possible but there are many factors that beyond our control but once the market goes on rally we can be sure that the value will go higher and get our profits. Indeed bitcoin still the best investment as compared to the conventional investments.

Quote from: Surge_Dev on May 10, 2018, 03:52:49 PM

I think that this is good news! In my opinion, the market demand is increasing for the better. The demand is really high. I can see the great future in the crypto and think that it is a good idea to hold currency

Yeah the market demand is increasing as we noticed the prices of every currency increases and market shifting to a bullish.