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Making +1% daily will gain you more than +30% within a month because your deposit will expand every day and hence the interest will increase. Yes, such profit can be obtained on crypto-exchange markets. You don't need to focus on evenly trading. For example, make +2% on the first day and don't trade on the second day then repeat this scheme. Don't buy coins at high levels and try to buy a dip.
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People have always been rather interested in acquiring wealth. They do this at the expense of other people's progress. They go as far as cheating their society or community just to acquire wealth. Remember, everything is vanity. When you are gone, you are done. Endeavor to live your life well so that you will be remembered for the good things you did.
Well, once one has acquired enough wealth, they can utilise their funds to accelerate progress on a variety of areas, i.e. technology, fighting poverty, hunger, thirst, etc. This is a good point. If someone acquired enough wealth, he/she can spend this money for doing a good things. Maybe he/she will make boon or invest in the new technologies to speed up the technical progress, et cetera. Not everything is vanity. I think that much wealth in a kind hands is a good thing. Most of people want to be remembered as a good persons but it depends on their actions.
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I think these people were just having fun of their money and not having serious target on for the assets they had. Most of them were panic sellers and day traders who used to play buy and sell during those green days of btc. Good thing for those who are silent btc hodlers, still keep their btc grow even if it's not gaining that fast. Patience is their strategy and nothing else, because if they will follow the foot steps of those weak handed people nothing will happen and situations will become worst at all.
I guess the most of those who dabbled with Bitcoin in early times have already sold their bought/mined coins for about 2000$ in March of 2017 when the first pump came to the crypto-exchange markets. Now the huge piece of BTC is in the hands of those investors who want to manipulate the price of Bitcoin. Of course, some early BTC adopters still keep their private keys on the hard drives or USB-sticks in encrypted format but I think they are the minority of the Bitcoin owners.
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The price of the coin doesnt tell us about its quality. Yes, 95% of altcoins are garbage, but not Ethereum. Just cool your ass and buy more because ETH price will grow immediately!
It would be nice. I agree with you that Ethereum is a good crypto-currency and not a garbage but it seems its price is going down to 200 USD indeed (now -11%, 285 USD). Probably some of the Ethereum creators who own a lot of ETHs decided to sell their coins for a fiat money, or we see the game of the large investors on the crypto-exchange markets. Volatility of Ethereum and its tokens is so high. I think the current levels are attractive for buying ETH.
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How can investors stay calm when the prices of their crypto-currencies are falling down to -10%? I think it's impossible. I see that currently some people are in panic and selling their altcoins and tokens in order to buy Bitcoin but it is not enough to support BTC because the downside trend of the crypto-exchange market is very strong.
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I hope that the fall of the market in the last few days will not be long and soon there will be a flowering of the cryptocurrency. Only hold position.
I think that the market is going down sharply so investors should be calm and look at this market to be able to go along with it. Always have a backup plan to be prepared for bad situations. A bad situation is already here. Now Bitcoin is falling down by -5%, altcoins and tokens are being decreased to 5-10%, some of them have been crashed down to -20%. I guess that BTC is the most stable crypto-currency for holding. I don't mean the gaining a profit, just for reducing a losses and saving a funds.
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Although the KYC slows down the evolving of the crypto-currency world, it is important to be able to prevent a money laundering. It seems the investors have no problems with the fulfilling these norms. But the ICO teams might be unreliable and inadvertently loose the personal data they received. This is a disadvantage of the KYC procedure.
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you can see btc bounced back and currently trading around 8k plus.yes still its right time to buy some strong altcoin like eth ,ltc,zec,etc ,trx and some and definately bitcoin is in the super buy range.
Nobody knows whether altcoins will grow or not. The dominance of Bitcoin has increased from 35% up to 46%. Currently the demand for other crypto-currencies is low. I guess Bitcoin will go on rising relative to Ethereum, Litecoin, etc. The large investors decided to aim exactly on Bitcoin, and I think they will pump BTC again.
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Compared with traditional finance, the advantage of Bitcoin is very obvious. It is a tool to demonstrate future revolutionary technological innovation. BTC has risks as well as high profits. The deposit interest of commercial banks is very low compared to the profits of BTC!
Actually both has the risks and advantages when we choose bitcoin or investment in bank. Investing in bank is indeed secured but too small return of interest. While investing in bitcoin can gives a totally a great chance to earned big when it comes to price we could also make our btc secured in the wallet. I very much agree. Bank investments are arguably more secure but with very small returns over long periods as compared to crypto which depending on the market can either put you at a loss or a profit. But putting all in one is a risk, which I guess you was willing to take. In most of the cases the large respectable banks don't give many percents for interest deposit. The small banks can take a long-term loan from you for a significant amount of interest, but they can crash or their working license might be invalidated. So the small bank investments are risky too. Bitcoin is a good asset to invest in, but I advice to diversify your funds between crypto-currencies and fiat-currencies and a shares.
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I think the blockchain picture should not show a cycle, i.e. you should reflect the movement from the beginning to infinity, not a cycle
I agree with you. Blockchain should be represented as a line or a curve, because each block is connected to the previous block through the hash, but the first (genesis) block isn't connected to any block.
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There are also p2p exchanges that can be done to purchase btc.
In order to break the link between wallets, there are mixers and anonymous crypto currencies... Or buying coinbase rewards from miners.
You're right. Bitcoin transactions are transparent and can be traced easily. Coin mixers might hide a receiver of funds, but it is quite expensive due to the high fees for each transaction. I think the best way is to buy some anonymous crypto-currencies. Their structure, blockchain and algorithm are designed exactly for private payments. Then the receiver will sell these crypto-currencies and buy Bitcoin.
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I m really struggling with virtual box and Ubuntu, is it good for me switch into Linux os rather than window
Yes, Virtual machine eat up a huge chunk of RAM, therefore MS Windows work more slow. As mentioned above do not use Windows 10, 9, 8 and 7 with a telemetry updates. Of course, you should install the latest version of Ubuntu on your computer. In any case beware of malware. Nowadays the large number of viruses are created for this famous build of Linux. They steal the private keys of crypto-currencies, transfer them to their hive and even encrypt the files on the disks. You need to administrate the user rights policy correctly.
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Is there any place where I can find the number of orders that were executed by buying or selling? I wonder if at one point people are looking for the order that is in the purchase book or that is in the sales book.
You can see all orders that were executed by buying or selling on any decentralized exchange. The list of the links to every trading transaction is shown there. But that's concerned to Ethereum or other crypto-currency of such kind, not to Bitcoin.
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Sadly, there is no way to make a safe trading without any risks at all, so do not risk the money that you can not afford to lose (so what you have said, can not be done)
Yes, the safe trading a crypto-currencies is almost impossible, because the markets are volatile. Of course, if you invest small chunk of your wealth, you ain't wary about losses, and you won't be distressed a lot in any case. But I can't call this trading method a safe. It's just easier trading way in a psychology manner.
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Thank you for making this thread So many people believe in crypto, and supports it with its fiat that there is no chance for the crypto world to be crushed by this crazy attempts and falls on the market. Yes, now it's not the great time, but hey - this is bitcoin and whole crypto market we are talking about! Any currency is strong only how many people support it. I think we have a chance A lot of people they said that they are in favor of bitcoin and they support it but when the time comes that market crushes they tend to panic, they don't know the real meaning of support is, if they really do supporting bitcoin they should not act like that. Lol, I think they support their investment fund, not bitcoin, in fact, I think 70% of the crypto-currencies investors even don't know what is the smart contract, how the blockchain working,... they just care about "when will bitcoin go to moon?" "is this the bottom price of ETH?", "should I cut loss?"... The most of people want to make profits trading crypto-currencies, and the holders who bought some coins desire for the price increasing. This is a normal and sane behavior. The large investors who manipulate the prices pay attention to the moods of the crowd. The moaning at the forums and social networks means that the bitcoins or other crypto-currency are in a weak hands, and these holders will sell their coins soon. They are waiting to buy Bitcoin for a cheap price.
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I guess the large investors and other manipulators will try to decrease the price of Bitcoin more low, even down to $5500. Probably the most nervous holders will sell their coins. And after this summer the crypto-exchange markets will start to grow slowly. But I think the resistance level will be $9500. Bitcoin will be vary in this price area.
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This means I am late to the party. One can compensate this with more activity now and improving the quality of posts here. But even the people registering now will have advantages in future. Both this forum and crypto have a long way to go.
I guess the user activity is still worthy, therefore you better to post a messages at least every two weeks. I looked at your profile. You started posting at January 24, 2018, but you already missed 7 activity intervals. I decided to show the BitcoinTalk activity update times till 2019 year here. Unix time UTC time 1517340000 1/30/2018 19:20:00 1518550000 2/13/2018 19:26:40 1519760000 2/27/2018 19:33:20 <-- you already missed this interval 1520970000 3/13/2018 19:40:00 <-- you already missed this interval 1522180000 3/27/2018 19:46:40 <-- you already missed this interval 1523390000 4/10/2018 19:53:20 1524600000 4/24/2018 20:00:00 <-- you already missed this interval 1525810000 5/8/2018 20:06:40 <-- you already missed this interval 1527020000 5/22/2018 20:13:20 <-- you already missed this interval 1528230000 6/5/2018 20:20:00 <-- you already missed this interval 1529440000 6/19/2018 20:26:40 1530650000 7/3/2018 20:33:20 1531860000 7/17/2018 20:40:00 1533070000 7/31/2018 20:46:40 1534280000 8/14/2018 20:53:20 1535490000 8/28/2018 21:00:00 1536700000 9/11/2018 21:06:40 1537910000 9/25/2018 21:13:20 1539120000 10/9/2018 21:20:00 1540330000 10/23/2018 21:26:40 1541540000 11/6/2018 21:33:20 1542750000 11/20/2018 21:40:00 1543960000 12/4/2018 21:46:40 1545170000 12/18/2018 21:53:20 1546380000 1/1/2019 22:00:00Don't miss these intervals to increase your activity. And of course, earn merits to rank up.
The user #1023038 registered at June 06, 2017, 05:25:41 PM. The user #1023039 registered at June 06, 2017, 05:27:36 PM and had no any chance to become a Senior Member. - 4) Potential Senior Member needed to start posting before June 06, 2017, 05:26:40 PM.
Excellent post and awesome stats!! Thank you! But I get a bit disappointed with myself...
I actually registered in the Sr. Member potential date! April 17, 2017 But only started posting in July 27,2017
Merits are hard to get! I'm comforted with my Full Member now.
Your situation is almost similar to the situation of LTU_btc mentioned above. You didn't post any message for a long time after registration, therefore you had no enough activity at January 24, 2018 to receive 250 free merits.
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I think you missed the fact that Unlucky Legendary users received 1000 merits, even though they were still Hero Members.
I didn't know about that. Thanks for the notice. It seems that unlucky Legendaries don't exist if we are saying about the distribution of a free merits at 24 January, 2018. Here's an example of an Unlucky Legendary receiving 1000 merits: https://bitcointalk.org/index.php?action=profile;u=82566Indeed. This user received 1000 free merits, although he is still a Hero Member. Activity: 817 Merit: 1005 Position: Hero Member Date Registered: February 23, 2013, 12:38:34 AM Thus, if a user had at least 775 activity at January 24, 2018, he/she received enough free merits to rank up to Legendary in the future.
I think you missed the fact that Unlucky Legendary users received 1000 merits, even though they were still Hero Members.
I signed up on Bitcointalk (or just started to post here) one week too late to become unlucky Hero Member with 1000 Merits :/ I looked at your profile. You are registered on BitcoinTalk at August 22, 2015, 09:21:13 PM. You could receive 1000 free merits, but you started posting at December 27, 2015, 10:29:36 PM. - 1) Potential unlucky Legendary needed to start posting before April 14, 2015, 11:13:20 AM.
- 2) Potential lucky Legendary needed to start posting before December 22, 2015, 01:13:20 PM.
You didn't post any message for a four months after registration, therefore you had no enough activity at January 24, 2018, and as a result you received only 500 free merits. In any case, a Hero Member is considered a high rank too.
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I think you missed the fact that Unlucky Legendary users received 1000 merits, even though they were still Hero Members.
I didn't know about that. Thanks for the notice. It seems that unlucky Legendaries don't exist if we are saying about the distribution of a free merits at 24 January, 2018. One thing to mention: You calculate 1 post per day for the users, but it's not the usual/average posting habit for the most of the users here. Actually, a user had to post at least one message per one activity update interval and have enough total message count at 24 January, 2018. I'm curious, why bounty spammers haven't found this thread yet to start complaining against the merit system ...
It is just an analysis. I think that the earliest users deserve of getting free merits. Thank you very much for feedback!
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Introduction I was curious, when did a user need to register on BitcoinTalk to get free merits. I decided to create the spreadsheet representing a datetimes and activities. Firstly, the BitcoinTalk user activity updates approximately every two weeks. Actually, the interval is slightly longer by 6 minutes and 40 seconds. Secondly, let say that the users post at least 7 messages each week. Thirdly, a Hero member should have a random activity 775-1030 to rank up to Legendary, so let call them a lucky (775) and unlucky (1030) Legendary. The first column of the spreadsheet is the Unix time, the second column is the UTC time. The third, fourth, fifth, sixth, seventh and eightth columns are the activity of a potential unlucky Legendary (1030), lucky Legendary (775), Hero Member, Senior Member, Full Member and Member respectively. Here we go!
BitcoinTalk user activity update times Unix time UTC time unlucky Legendary 1427800000 3/31/2015 11:06:40 14 1429010000 4/14/2015 11:13:20 28 1430220000 4/28/2015 11:20:00 42 1431430000 5/12/2015 11:26:40 56 1432640000 5/26/2015 11:33:20 70 1433850000 6/09/2015 11:40:00 84 1435060000 6/23/2015 11:46:40 98 1436270000 7/7/2015 11:53:20 112 1437480000 7/21/2015 12:00:00 126 1438690000 8/4/2015 12:06:40 140 1439900000 8/18/2015 12:13:20 154 1441110000 9/1/2015 12:20:00 168 1442320000 9/15/2015 12:26:40 182 1443530000 9/29/2015 12:33:20 196 1444740000 10/13/2015 12:40:00 210 1445950000 10/27/2015 12:46:40 224 1447160000 11/10/2015 12:53:20 238 1448370000 11/24/2015 13:00:00 252The user #505834 registered at April 14, 2015, 11:13:03 AM. The user #505835 registered at April 14, 2015, 11:13:42 AM and had no any chance to become an unlucky Legendary. Unix time UTC time unlucky lucky Legendary 1449580000 12/8/2015 13:06:40 266 14 1450790000 12/22/2015 13:13:20 280 28 1452000000 1/5/2016 13:20:00 294 42 1453210000 1/19/2016 13:26:40 308 56 1454420000 2/2/2016 13:33:20 322 70 1455630000 2/16/2016 13:40:00 336 84 1456840000 3/1/2016 13:46:40 350 98 1458050000 3/15/2016 13:53:20 364 112 1459260000 3/29/2016 14:00:00 378 126 1460470000 4/12/2016 14:06:40 392 140 1461680000 4/26/2016 14:13:20 406 154 1462890000 5/10/2016 14:20:00 420 168 1464100000 5/24/2016 14:26:40 434 182 1465310000 6/7/2016 14:33:20 448 196 1466520000 6/21/2016 14:40:00 462 210 1467730000 7/5/2016 14:46:40 476 224 1468940000 7/19/2016 14:53:20 490 238 1470150000 8/2/2016 15:00:00 504 252 1471360000 8/16/2016 15:06:40 518 266 1472570000 8/30/2016 15:13:20 532 280 1473780000 9/13/2016 15:20:00 546 294The user #702581 registered at December 22, 2015, 01:13:09 PM. The user #702582 registered at December 22, 2015, 01:13:52 PM and had no any chance to become a Legendary. Unix time UTC time unlucky lucky L. Hero Member 1474990000 9/27/2016 15:26:40 560 308 14 1476200000 10/11/2016 15:33:20 574 322 28 1477410000 10/25/2016 15:40:00 588 336 42 1478620000 11/8/2016 15:46:40 602 350 56 1479830000 11/22/2016 15:53:20 616 364 70 1481040000 12/6/2016 16:00:00 630 378 84 1482250000 12/20/2016 16:06:40 644 392 98 1483460000 1/3/2017 16:13:20 658 406 112 1484670000 1/17/2017 16:20:00 672 420 126 1485880000 1/31/2017 16:26:40 686 434 140 1487090000 2/14/2017 16:33:20 700 448 154 1488300000 2/28/2017 16:40:00 714 462 168 1489510000 3/14/2017 16:46:40 728 476 182 1490720000 3/28/2017 16:53:20 742 490 196 1491930000 4/11/2017 17:00:00 756 504 210 1493140000 4/25/2017 17:06:40 770 518 224 1494350000 5/9/2017 17:13:20 784 532 238The user #907881 registered at October 11, 2016, 03:31:36 PM. The user #907882 registered at October 11, 2016, 03:35:28 PM and had no any chance to become a Hero Member. Unix time UTC time unlucky lucky L. Hero M. Senior Member 1495560000 5/23/2017 17:20:00 798 546 252 14 1496770000 6/6/2017 17:26:40 812 560 266 28 1497980000 6/20/2017 17:33:20 826 574 280 42 1499190000 7/4/2017 17:40:00 840 588 294 56 1500400000 7/18/2017 17:46:40 854 602 308 70 1501610000 8/1/2017 17:53:20 868 616 322 84 1502820000 8/15/2017 18:00:00 882 630 336 98 1504030000 8/29/2017 18:06:40 896 644 350 112 1505240000 9/12/2017 18:13:20 910 658 364 126 1506450000 9/26/2017 18:20:00 924 672 378 140The user #1023038 registered at June 06, 2017, 05:25:41 PM. The user #1023039 registered at June 06, 2017, 05:27:36 PM and had no any chance to become a Senior Member. Unix time UTC time unlucky lucky L. Hero M. Senior Full Member 1507660000 10/10/2017 18:26:40 938 686 392 154 14 1508870000 10/24/2017 18:33:20 952 700 406 168 28 1510080000 11/7/2017 18:40:00 966 714 420 182 42The user #1246105 registered at October 24, 2017, 06:32:03 PM. The user #1246106 registered at October 24, 2017, 06:33:25 PM and had no any chance to become a Full Member. Unix time UTC time unlucky lucky L. Hero M. Senior Full M. Member 1511290000 11/21/2017 18:46:40 980 728 434 196 56 14 1512500000 12/5/2017 18:53:20 994 742 448 210 70 28 1513710000 12/19/2017 19:00:00 1008 756 462 224 84 42 1514920000 1/2/2018 19:06:40 1022 770 476 238 112 56 1516130000 1/16/2018 19:13:20 1036 784 490 252 126 70The user #1384642 registered at December 05, 2017, 06:53:12 PM. The user #1384643 registered at December 05, 2017, 06:53:40 PM and had no any chance to become a Member. The merit system has been adopted on BitcoinTalk at January 24, 2018. Every Member got free 10 merits, every Full Member got free 100 merits, every Senior Member got free 250 merits, every Hero Member got free 500 merits, every Legendary got free 1000 merits.
Conclusion 1. When did a user need to start posting on BitcoinTalk to get free merits: - 1) Potential unlucky Legendary needed to start posting before April 14, 2015, 11:13:20 AM.
- 2) Potential lucky Legendary needed to start posting before December 22, 2015, 01:13:20 PM.
- 3) Potential Hero Member needed to start posting before October 11, 2016, 03:33:20 PM.
- 4) Potential Senior Member needed to start posting before June 06, 2017, 05:26:40 PM.
- 5) Potential Full Member needed to start posting before October 24, 2017, 06:33:20 PM.
- 6) Potential Member needed to start posting before December 05, 2017, 06:53:20 PM.
2. How many merits did a user earn to rank up: - 1) If you see a Member and his/her ID is greater than 1384642, that means he/she earned at least 10 merits to rank up.
- 2) If you see a Full Member and his/her ID is greater than 1246105, that means he/she earned at least 90 merits to rank up.
- 3) If you see a Senior Member and his/her ID is greater than 1023038, that means he/she earned at least 150 merits to rank up.
- 4) If you see a Hero Member and his/her ID is greater than 907881, that means he/she earned at least 250 merits to rank up.
- 5) If you see a Legendary and his/her ID is greater than 702581, that means he/she earned at least 500 merits to rank up.
Please share your opinion here. Thank you!
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