Latest posts of: pitiflin

Quote from: Stedsm on April 14, 2017, 06:49:21 PM

I have been seeing Bitcoins' price rising with a stability in its growth, but due to the higher mining fee that is being levied on transactions these days, big businesses are now moving their funds towards alts and taking advantage with their least fees as well as shaping a completely new economy in the trends of altcoin markets. Do you think this may harm Bitcoin's dignity and open up a chance in real for alts to rise?

A very little possibility does exist,because ain't controlled by anyone or any company/organisation/government. So you cannot say what will happen bitcoin. If the current state of bitcoin going be banned in China ,spreads and other countries also start doing the same ,then altcoins have a good chance,other wise bitcoin is gonna stay for more than a while from now on.

Quote from: Lyancy001 on August 15, 2017, 12:49:38 AM

Hello, as we all know that Bitcoin is heading straight to the moon. Me, as an employee, do also invest with this cryptocurrency, and I kinda need to divide all of my salary for my needs, and on how much should I invest in? Let's talk about percentage. Anyone?

It depends on various factors,like if you invest in cryptos,will you have pressure financially or have struggles on managing your expenses? Not to mention that investing in crypto will give you profits mostly in the long term and if you do not have a problem with it ,then you can probably go with it. I would say from 10-20% maximum of your salary would be sufficient enough,and please make sure that you learn the basics of bitcoin before that.

Quote from: Pchahal on September 15, 2017, 09:31:50 AM

After the recent news re. BTC China and regulators crackdown on cryptocurrency trading, we all know which direction bitcoin and alt coins are currently heading. I wish to buy Bitcoin and Altcoin when they hit the floor, but i am unsure of when the right time is to enter?

Probably when bitcoin goes down by 1000$, a lot of bitcoin dump is going to happen just like that last time,maybe the price can get even worse you never know,I just hope we dont see such a day,but if it does I would love to put my money in it. China is up to something and cracking down crytpo-currency is not the only thing.

Quote from: senne on September 18, 2017, 09:05:21 PM

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

Not even governments, tbh. They can try banning it but it won't work, gambling is banned in the US, and most of gamblers belong to the US, hell drugs and porn is also banned in so many countries, but did people stop doing such things, no. And bitcoin is nothing when compared to these.

Quote from: CrypTrends on September 19, 2017, 10:11:25 AM

would you live in a country that use bitcoin as official currency?
assume that you're living there and get paid also in bitcoin. do you think it's possible to live in a country when one day the currency go up or down in 20%?

Obviously not , I will not change from country to country just because bitcoin will be official in that country. My country doesn't has any issues with bitcoin, so I am not gonna change my citizenship for that sole purpose. And it would be really hard to survive in an economy which will never be stable, cause who knows one minute you have a big profit and the next minute you are in a loss.

Quote from: player514 on August 16, 2015, 04:05:39 AM

Hey guys I'm not sure if this is the right place so please tell me if it is not. With that out of the way, I have a question for you all. I have recently been able to gather about .5 btc through minor trading and I was wondering if there was any method or way to grow this btc into a larger amount safely and fairly quickly. Thanks!

Quickly is not the way you should go for. The one which will get you profit and is secure enough ,is the one you should be going after. Secondly, stay with trading it's a good way to earn and you learn about more things when time passes and soon you will be an expert in trading. Stock market is also a good option from what I know.

Quote from: Mayer Amschel on September 21, 2015, 11:21:35 AM

So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)

I have calculated all my trades on the various platforms i have used in the last couple years.

Deposited: 47BTC (roughly)

Withdrew: 40BTC (roughly)

Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.

Now the question is: what the fuck do i do now with my money.

It seems to be a good amount that you got ,you do have a lot of options to explore with, but to be honest investing and trading seems to be the best option for one to earn on a bigger basis. 40 btc is a big amount of money and make a good decision which will help you, maybe you can buy some property or put your money in stock market or buy gold.

Good luck with that man, 10,000$ seem to be of a good start for investment. But be careful ,seems to be a dangerous road you are going on, with huge risks and other barriers involved.
Being a millionaire is one of the dreams that people want it to become true but doesn't work it every time. Must be really hard to decide on which path to go to, so again good luck with your dream and hope it becomes true.

Quote from: USBitcoinServices.Com on May 07, 2017, 08:24:15 PM

Japan started making btc legal now, India is following, maybe China is Next? then within 5 years from now maybe the crypto world can be well known?

By 2025 probably, I guess not massively but generally it is possible. There are factors that affect it they are government, centralized oorganizations, and availability of resources. If these three combine then there is more than just possibility, a lot of people will like the idea and may go for it.

Quote from: Islampower on September 12, 2017, 08:09:22 PM

Don't panic and don't sell your crypto Angry

, it is only fake news , they can't bane banne bitcoin Cool

I have told you that some Chinese exchanges might be banned according to our own sources. Do not forget China cannot ban Bitcoin and is not banning bitcoin. The market is going down a bit now but in my view it will recover. Do not panic. Tongue

Yes bitcoin is not banned in China, thank goodness, like China has a huge amount of bitcoin investors, markets will not be the same as before. And panicking will happen no matter what, because some people have put whatever they have in it, if the price goes down ,they will force sell it because their situations will force them to do so. And just so you know exchanges are not banned, they are just closing down for now because of some policies I believe.

Quote from: williamevanl on September 15, 2017, 03:13:02 AM

I just wanted to ease everyone's fears, I will never stop buying Bitcoin. Every paycheck from now until forever, I'll continue buying Bitcoin during the fud, the bank bans the 'North Korea is mining bitcoin' BS. I don't care.

I might just burn it all at some point but I won't stop buying it. It might be the only thing I can do against the 'establishment'. Every time they call it a fraud/bubble etc.. Don't care, I support this honey badger as much as I can and always will.

It's wild but don't forget, Bitcoin is the first thing in human history that you can 100% trust... Not to always go up in value, not to make you a millionaire, it will only do exactly what it says it will do.

A very few people do that you know,like not believing in FUDs, not panicking when most of them do ,and good luck with the motive of you buying bitcoin for ever,I hope you succeed. FUDs will be in this forum and it will come and go ,people will panic and sell,the markets will crash and then recover,but most of the time people don't learn from the past.

Quote from: ekoice on September 15, 2017, 12:48:24 PM

Good news.BTC price is recovering and its now $3,390.I think the panic drama has ended and ray of hope is seen once again.

BITCOIN - UNSTOPPABLE

Ray of hope is seen, yes but the panic will end temporarily and again people will start panicking for shit yet again. That's the thing people don't understand how markets and prices work and they panic when something happens, China 's media spread a rumor saying that China is going to ban exchanges, which a few people knew that such a thing is not gonna happen and it didn't, but most of them thought it was likely for such a thing to happen and JP Morgan took advantage of it and said bull shit about bitcoin, people got more scared, sold bitcoin and the markets crashed soon and when price went down they bought it and their worked out just like they expected.

Quote from: bitbunnny on May 02, 2016, 08:06:08 AM

If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.

See, bitcoin should never be your only source of money, because it's online and when any emergency occurs it will take time for you to withdraw, I generally keep some money in my bank and some in bitcoin and some in other sources. I did this just in case something comes up and I don't have to depend on something which will take hours by the way .

Quote from: pilscoop on September 29, 2015, 02:29:33 PM

I don't trust all these HYIP websites and I'm looking for a more reliable way to invest.
Any suggestions?

What do you want to do? What are you good at? Are you good with tech? If yes, you can invest in some kind of courses that you want to learn and then you can offer your services on and off the internet. Investing in websites, icos or stock is not the only type of investments. There are investments which give you non monetary return, and believe me they work extremely well.

One, none of the exchanges have mentioned about them reopening the trades if they have then I am a bit outdated with it, and all the bull shit about China banning exchanges and JP Morgan playing a trick at the same time to manipulate the market in their terms has caused bitcoin and altcoins fluctuate on a large scale and this made people panic like it always has, so if something like this happens next time, people are going to do the same and the prices are going to get affected.

Quote from: iram1011 on September 16, 2017, 04:47:29 AM

Enough of double standard!

See this is what investors do, try to manipulate the market, they very well know what factors influence the the prices and the markets and how big can their profit extend to, they plan it out accordingly and implement it, it works and they complete the rest of the plan. And it's the people who act foolishly and then pay for the consequences, so many people say don't sell bitcoin whereas they themselves end up selling what they have afraid of a loss, pathetic investors seriously.

Quote from: cybersofts on August 21, 2017, 12:05:16 PM

Did you guys noticed what was happening recently in the crytocurrency world?
People pump certain coin and then dump it later when the price hit the highest level.
And then buy later when the price dip to the lowest level.

What do you think of this? Share your thoughts Grin

That's more of a buy high and sell low theory and it has been prevailing for decades, it wasn't discovered yesterday and people who are involved in stock market and trading and related stuff do this on a day to day basis and not on a rare one, and sometimes they just keep investing for a whole month and then sell it when price reaches to it's very saturation point. Seems a good technique for me though. But you need patience and capital for that.

No man, it doesn't work like that, centralized organizations themselves find it hard to do so and bitcoin being decentralized will hardly make it to the major league as most people use bitcoin for only getting profits and not for contributing to the welfare of the society . Bitcoin contributes a minor percentage in the world economy, and centralized organizations will never let bitcoin to replace them.

Quote from: Paleus on September 23, 2016, 09:55:16 PM

The bitcoin vs gold debate has raged on in investment circles since bitcoin has entered mainstream discussion among increasingly interested investors. Gold has been used as a form of currency and trade for thousands of years, and certainly has a track record for reliability and preservation of wealth. However, as the newcomer onto the scene, bitcoin may be the kind of financial and technological breakthrough to to challenge gold as the monetary kingpin.

Early on in its life cycle, seasoned investors began questioning the legitimacy of bitcoin value and debating how such a commodity could hold intrinsic value. What differentiates bitcoin from a mere collectible and what makes it similar to precious metal assets such as gold or silver? Among many circles, especially gold bugs and older-generation investors, bitcoin was not considered a valid investment up until very recently.

Which factors of bitcoin instill this validity of investment?

Watch Video

Bitcoin has recovered almost 1000$ since yesterday,so if that doesn't seem like a good reason for investment,then that person should rather not be an investor in the first place. Agreed that bitcoin had crashed and the price went down to 2900s but then it recovered some 400$ within one hour and since then the price is fluctuating from 3600-3900$.
When it comes to gold people go crazy when there is some sort of sale or offer,most of them are non bitcoiners though,and the same happens to bitcoiners when the prices go down/up,the difference between them is that gold is bought for showing off or something,and bitcoin is bought for profit.

Quote from: geschtonkenflapped on February 09, 2017, 04:14:05 PM

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?

As of the moment no situation what so ever will cause bitcoin to die,may be the prices can crash or along with the price crash of bitcoin ,other cryptos also start crashing(which is happening right now because of a bastard who has a lot of power in his speech,aka Jamie Dimon,CEO of JP Morgan Chase) or may be there is this slightest possibility of bitcoin being replaced by any alt in the future. Even if prices do crash one thing is for sure and what we have seen in the past,bitcoin always recovers and all altcoins join along with it.