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if you want to make money in this market, then invest only in the long term and you will be very good
Bitcoin has lost store of value feature in 2018. It is no longer a long-term game. Every time the strategy differs. And you have to keep yourself up-to-date with the latest strategy. 2017 was the year Ford hold and when people continue with the same strategy in 2018 the book heavy losses. In the strategy in 2018 was supposed to be fold and not hold. Therefore long-term whole may or may not be a good strategy |
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Does a manipulator really think opposite of what an average person think? I wouldn't agrre with people who only answer this question yes or no. That's not a simple yes/no question. We all sure about that they think diffrently and manipulators must be unpredictable. Also manipulators behaves like a wolf pack, track their preys' behaivor, and they don't hesitate.
I surely feel that a big investor will think different than the rest of the people will think. For example the current price of Bitcoin is around 3800 what will the normal investor think in that case? Well he would buy. Let's talk about a big investor and experience investor. When they buy? No. Reason? They're still waiting for the last leg of the downfall of Bitcoin price and that will be the real price that they would wish to pay to purchase Bitcoin. Big investors are more patient than average investors and hence they make big profits. They don't just invest but they drive the market. They understand the Futures Contract expiry dates and then the stand that in order to win their to play in both markets. They make money both win between moves up and down |
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Yes I truly believe in cryptocurrency. We all know that the basic aim of everyone for participating in any investment market is to earn profits and there is nothing wrong in that. But a person should have some realistic goals. You can invest in something blindly and then expect your money to be doubled in a week. You should research and study properly and take every decision wisely.
Sorry to be a little different. I don't believe in Bitcoin as a currency. I don't believe proof of work algorithm is the future. The world is moving towards proof of stake or a decentralized proof of stake or DAC graphs. Proof of work has its own disadvantages and in future with the quantum computer and it's computing power you can technically hack any proof of work system with a 51% stake. Therefore I'm doubtful |
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I would like to understand the technical difference between Public and Private blockchain. I understand the public blockchain by referring Ethereum tutorial. But I didn't understand the private blockchain architecture, How the node setup? who's controlling the network? Who decides the genesis block?
In a private blockchain Network the you will need to obtain an invitation to join the network. Sometimes because of this reason it is also called as permission Network since you need a permission to join the network. The existing participants have the control to decide the future participants . All these participants are responsible to maintain the blockchain in the same decentralized manner. Nothing helps understand blockchains better than building one yourself. |
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I think if we are at the point in technology that a QC can be made that can break SHA256 in a relatively trivial manner
Wrong; quantum computers need to run for 2^80 steps to find a private key mapping to a given 160 bit public key. That will remain infeasible for decades to come. You are taking my post out of context... the word "if" should clue you in. I know that this is nowhere close to feasible now. Perhaps I should have replaced it with the word when to make it more clear? Great question. Made me to think a bit on a possible solution. Below is just my high-level thought without getting into too much of feasibility check. Quantum computer possesses two major threats to bitcoin Network.
Challenge 1. Quantum computer can rig up blockchain by centralizing its hashing power and
Challenge 2. It can crack to cryptography key and the encryption.Both are valid security concerns. Something to worry about for sure. But let's understand this basic that it is not just a security threat to bitcoin, but also a security threat to all software's that use encryption see for example it is the threat to all the WhatsApp messages that you send to your friends, it is a threat for you to secure your login credentials for bitcointalk, it is a thread for you as a customer of a bank to pre vent your money in the bank account and so on and so forth.
Having established that it is not just a Bitcoin Network security concerned also a security concern for every software that uses encryption technique, let's evaluate two possible solutions to the problem. Once again let me clarify that double two solutions are just my high-level thoughts.
Solution 1. DAG based blockchain network will grow in future and Proof of Work based blockchain network systems will possibly be eliminated. This might take care of challenge number 1 above
Solution 2. One time password (OTP) or additional security layer to get access to the account will rise and might take care of challenge number 2 above. Two-factor Authentication may become more advanced by the time. Face recognition or voice recognition maybe used along with biometrics in order to get an access to an account in next few years maybe. But this challenge is not hard to overcome. In this manner The Challenge number can be solved. |
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I do both the things you mentioned in your post. Buying new coins in an Ico project Help Me with the required research needed to stay informed. Staying informed help me make better decisions. On the other hand occasionally I also look for the gainers and losers of the day to baste my trading decision accordingly. Just to add I do trades once in 3 months or so
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Hello All, I'm a newbie here (although I have been playing around with BTC for over a year). I'm now running an experiment trying to get (as the thread title suggests) From Minimum To A Million. By minimum I mean a modest investment of £100. I will be investing in several websites that claim to give daily interest or cloud mining income and intend to compound this up to give a decent daily return. Of course, some of these sites may fall by the wayside but I've been doing it for a couple of weeks now as a test and have already withdrawn my initial investment so I'm break-even at worst and only playing with profits. Currently I'm using 4 websites (ElgoMine, TrueMine, Bitchoko and GoGo Earn) and have also tested Marble BTC. All currently paying as expected. I will try and post weekly updates on here but if you want to follow my progress then I've started a Wordpress blog. I'm not sure if I'm allowed to post links or not seeing as this is my first post but it's https://fromminimumtoamillion.wordpress.com/Any comments / feedback / suggestions welcome but please don't flame me. It's just a fun experiment and hopefully I'll be a BTC millionaire in 463 days time.  Million dollars is not coming easy for anyone. You will have to fail in 10 different things in order to become a millionaire even in the cryptocurrency world. Hence I would suggest you be careful with your experimental details you published and how to become a millionaire project. But at the same point of time I would not discourage you in your experiment. Search small experiments will give you exposure and that exposure will help you somewhere somehow in future. I seriously wish you luck becoming a millionaire |
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We know that younger people these days are used to everything being faster and more efficient, because they have been exposed to technological innovation from their birth. The younger people entered this world at a much faster pace than the older generation and they are being bombarded with choices like no generation before them. They are also used to instant gratification, because technology has enabled a world where things happens almost instantaneously. Bitcoin is just another technology where things are done more efficiently and much faster than the traditional options available and the younger generation are drawn to these technologies, like a moth to a flame. Bitcoin should be applied to all services where there are a need for more speed and efficiency, to draw in the younger generation that are constantly searching for that. Do you agree? Let's discuss this and see if we can target the correct demographic with this technology.  Just a small correction. Young people or old people will not drive adoption of Bitcoin what other cryptocurrencies. Adoption rate has nothing to do with speculation rate. We all keep hearing and keep learning that the technology is not yet ready for real world use cases. Transaction speed and transaction per second and privacy of transactions and the transaction fees and so many more challenges are yet to be solved. When the challenges are solved adoption will automatically increase and that will be the real adoption of Bitcoin and other crypto projects. Till then it is all speculation and young people will drive the speculation rate more than the old people because of their over-optimism. But you should never forget that if Bitcoin has the potential to disrupt the US dollar, something else me have a potential to disrupt Bitcoin in near future. Will it be Bitcoin cash? Will it be other dag based crypto projects like iota or c o t i? Or something new all together! No one knows yet and hence we don't know if the world is in need of Bitcoin or iota or c o t i. Time will tell! And until that happens you and me are just speculating. We are not driving adoption at all! Since we don't know what do we wish to adopt. Do we need to pay for 4 hour Starbucks coffee with Bitcoin or Bitcoin cash or iota or a cryptocurrency created by government or something else altogether ? Did the time we find an answer to the above question, All We Do is speculate. Just wanted to clarify that part in your post |
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1. You should not be afraid and sell your bitcoins.
2. You should buy more bitcoins when their prices hit the bottom.
3. You have to persist and store your bitcoin for long.
Thanks for your three-point comments. I disagree on point number 2. The point number 2 is good for people who are a little experience in the Bitcoin trading world and may also be good for people who were able 2 take out the profits in December January of last year. There are third category of people as well for whom Point number to may not make a lot of sense and I just wanted to get that straight. I personally know more than 10 people in my very close Network who did not touch any of the crypto investment since December Peak and have lost 100x on their original investment. So if someone was technically a millionaire on blockfolio on January 26th 2018 has now only 10,000 US dollars on the same blockfolio app. The pain for such a person is not easy. Hence suggesting phone number to to search people may or may not be appropriate. This category of people do not have anything left to buy more Bitcoins when the price will hit the bottom. The bottom maybe right now at 3700 or the bottom maybe at 2700. We don't know! Instead of buying more Bitcoins when the price hit the bottom, my suggestion would be advice people to do double or two things instead 1. Stop looking at the price on a daily basis. Consider learning more about the technology when the when the Bitcoin price is going down like it has been in the entire 2018 2. Set up a regular monthly investment plan for future irrespective of the price. Do not chase the bottom or the top. You may not be able to catch it. It will affect your piece of mind. Just do a regular monthly investment in crypto's witches automated and every week or month a small portion of money should go to bitcoin and other cryptocurrencies on a regular basis in automated fashion. This way you will never try to catch the correct time to invest and we'll have a piece of mind. You will save some time and may be able to devote the time to learn the technology, improve your health, spend some time with the family, become more social in life, and maybe watch a movie or two. |
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Prices have been on a constant decline ever since this year began. There's been FUD all over the place, and governments have been cracking down on Bitcoin and other cryptocurrencies. In addition, there have been several hacks which have also contributed to the decline in the value of the whole cryptocurrency market. As such, many people have lost their faith in Bitcoin and cryptocurrencies in general, as they've lost a lot of money. Despite this, it seems that most holders would not give up on Bitcoin no matter what. But, if Bitcoin keeps declining in value until it becomes worthless, then long-time holders (like me) would become disillusioned. For those who want to protect their investment, there's the option to sell Bitcoin into USD or exchange it towards a stablecoin like Tether. However, even Tether has lost its peg (although in some occasions it heads back to $1) sometime this year, which means that not even stablecoins can be trusted. Nonetheless, what are your thoughts about this? Will it be Game Over for Bitcoin? Or will everything go back to normal soon?  Bitcoin / Bitcoin Discussion / Google trend for BTC is dead is on the rise. Think differently this timeon: Today at 09:25:50 AM Folks, please remember that every-time google searches increases, something opposite happens. And why not ! ? I will want you to think from the physiology of big investors. Since this is the physiology driven market, please remember any whale investor manipulating the market will not invest when an average Joe is putting a keyword on Google "Bitcoin is the future of currency". The same whale investor will be very happy to invest when average Joe puts a keyword on Google search "Bitcoin is dead". This is how bitcoin has always been and will remain for few more years to come. With experience, I started to quesiton myself what would a whale think in any given situation and realized that my heart was thinking as an average Joe and that thinking was different than what my head told me about what a whale investor might be thinking. Let me clarify below. Headine for an article posted on SludgeFeed 4 hours ago says - "Google Searches for Bitcoin Jump to a 8-Month High" Headine for an article posted on Bitcoinist 1 day ago says - "Google Trends Bitcoin Interest Hits a 6 months High" Dont forget Googles gets over 2 trillion searches every day (2 trillion is approximate number as per 2018) and hence is a huge market for people to talk about it. And when market is as big as this, there is a great opportunity for manipulation. Let's see what are these searching saying - positive news or negative news about bitcoin ? I did a small exercise of going to https://trends.google.com myself and entered a search term "bitcoin". below are the results i like to share with you 10 times more google searches were done on bitcoin in the month of Nov / Dec peak worldwide. When people where searching so much in Nov/ Dec last year, price was expected to fall as per logic. Think from a big investor perspective here ! Think opposite of what an average Joe would thikTop three countries where people are searching the maximum about bitcoin are 1. Australia, Canada, and United States. What does this indicate? There are possible average Joe's from this countries that will put their money in bitcoin ecosystem next and will see this as an opportunity. But will they take the market upwards? No. The same big investors will put their money first and these average Joe's will just get in after they see that market is moving back up. Next, what do I think about the current bitcoin price and the possible outcomes ? Well, the fear has finally kicked in but it is a good time to enter the market. Although I am not 100% sure that there will be no further downtrend in price, but I can almost confirm that whatever has to happen will happen in next 1 or 2 month before we change the trend and move back upwards again. 1 or 2 months is the maximum I see from this situation. And given the average Joe mentality, you will not be able to pick the lowest point of bitcoin and anyways in the long run it would not matter if you purchased btc at 3,700 usd or 3,100 usd. And hence, i would expect a little stability here and may be a little bit more slide but then there is only one way and that is - UP. So, in order to beat the whale investors this time, you might have to think differently. ALways remember to question yourself " what would whale investor do in this situation" and then take a decision. |
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So, I researched for 10 days and finally picked up a Samsung galaxy note 9 on this Thanksgiving day. I am very pleased with the purchase in last 4 days and here I am sharing with you the reason why I decide to move away from iPhone to Samsung after good 7 years of being an iPhone user. - Samsung's note 9 has great storage options. 124 GB is the minimum available and they also have a option of expandable storage slot
- Samsung has been advertising it as a replacement of laptop for some mobile warriors who would just connect their Samsung phone with the Dex software of any HDMI compatible screen
Samsung's Note 9 was selling at $300 discount this Thanksgiving when I purchased it. However, as a word of caution - the Galaxy X10 will be released by Samsung in next 6 months or so and looks very promising too. I also happen to know that Samsung also demo'ed their foldable smartphone which might replace tablets. Now, Imagine - Is Samsung making new phones? Well, not. Samsung is trying to disrupt Apple 's market to emerge as a bigger and better brand then Apple. With Samsung NOte9, they enable a mobile worker to have no dependency on Macbook or other laptops. With Foldable phones in near future, Samsung will enable people not to have any dependency on ipad's since your Samsung phone will work both as a phone as well as a tablet. And that I think is a great thing. Competition ! Apple has stopped innovating in last few years and keeps releasing small upgrades and features but no real disruption has been done by Apple in last few years after Steve Jobs. It is the same company that once disrupted the music industry entirely. And Samsung in future is targeting to disrupt the IPad's and Macbook's of the world, and that is why I THINK SAMSUNG IS THE FUTURE OF SMARTPHONE.. What do you guys think about Samsung's strategy ? Will Samsung succeed? |
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Folks, please remember that every-time google searches increases, something opposite happens. And why not ! ? I will want you to think from the physiology of big investors. Since this is the physiology driven market, please remember any whale investor manipulating the market will not invest when an average Joe is putting a keyword on Google "Bitcoin is the future of currency". The same whale investor will be very happy to invest when average Joe puts a keyword on Google search "Bitcoin is dead". This is how bitcoin has always been and will remain for few more years to come. With experience, I started to quesiton myself what would a whale think in any given situation and realized that my heart was thinking as an average Joe and that thinking was different than what my head told me about what a whale investor might be thinking. Let me clarify below. Headine for an article posted on SludgeFeed 4 hours ago says - " Google Searches for Bitcoin Jump to a 8-Month High"Headine for an article posted on Bitcoinist 1 day ago says - "Google Trends Bitcoin Interest Hits a 6 months High"Dont forget Googles gets over 2 trillion searches every day (2 trillion is approximate number as per 2018) and hence is a huge market for people to talk about it. And when market is as big as this, there is a great opportunity for manipulation. Let's see what are these searching saying - positive news or negative news about bitcoin ? I did a small exercise of going to https://trends.google.com myself and entered a search term " bitcoin". below are the results i like to share with you - 10 times more google searches were done on bitcoin in the month of Nov / Dec peak worldwide. When people where searching so much in Nov/ Dec last year, price was expected to fall as per logic. Think from a big investor perspective here ! Think opposite of what an average Joe would thik
- Top three countries where people are searching the maximum about bitcoin are 1. Australia, Canada, and United States. What does this indicate? There are possible average Joe's from this countries that will put their money in bitcoin ecosystem next and will see this as an opportunity. But will they take the market upwards? No. The same big investors will put their money first and these average Joe's will just get in after they see that market is moving back up.
Next, what do I think about the current bitcoin price and the possible outcomes ? Well, the fear has finally kicked in but it is a good time to enter the market. Although I am not 100% sure that there will be no further downtrend in price, but I can almost confirm that whatever has to happen will happen in next 1 or 2 month before we change the trend and move back upwards again. 1 or 2 months is the maximum I see from this situation. And given the average Joe mentality, you will not be able to pick the lowest point of bitcoin and anyways in the long run it would not matter if you purchased btc at 3,700 usd or 3,100 usd. And hence, i would expect a little stability here and may be a little bit more slide but then there is only one way and that is - UP. So, in order to beat the whale investors this time, you might have to think differently. ALways remember to question yourself " what would whale investor do in this situation" and then take a decision. |
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It would have been better if you made the heading like how to get merit. Writing it as free merit gives a thought of possibility for paid merit as well.
I am sure that having good English helps you write constructive posts but this is not the compulsory requirement for a quality post. The intentions and attitude of the member should also be considered.
I just used the word free only to get more attention for the topic because I know that this could be an attraction , the message that I'm trying to send is there are a lot of opportunities in the forum to get money easier than trying to be enrolled in signature campaign , when I joined this forum my intention was to get information and get more closer to the cryptocurrencies world but when I understood the purpose of this forum I tried to share my knowledge and my opinion also with others . You yourself are carrying a signature, but  |
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First thing I want to advise to you is that you should do some research about cryptocurrency and bitcoin on google and watch some videos about it on you tube. In the beginning everything seems complicated but as long as you spend your time researching and involving yourself with this topics then you will start to comprehend it. Try first learning the basics such as the history, how to make wallets, how to make transactions and how the market works. Then later on try also reading more advance materials.
Sir, Great message for a newbie in crypto space.. I completely agree with that... A newbie should also understand that bitcoin of today is complex, but bitcoin of tomorrow will not be as complex as the one it is today ! Things will change.. Bitcoin is an exponential innovation.. In 1989 if you were to send an email - you would compile a version of the Unix mail program using a C compiler and Unix command line skills. You needed to set it up on the command line, type out the email, and then that typed email was transmitted across the great internet in an astonishing THREE days.. 20 years later, an old mother was able to replicate that experience with a swipe of her finger on her iPAD. Bitcoin is in the same stage as internet was in 1992 - 1994. |
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good sign... however 10 years down the line everyone will be on blockchain
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what ? ceo got arrested ? which jail he is in ? is he mining bitcoin there ? |
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you start a wallet company n atm company at your homr only for your use ; then the government will never be able to find you
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A new bill has been passed under the title "‘Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017’"
If this bill becomes a law, you will have to declare the cryptos while travelling IN and OUT of united states, else all cryptos could be seized.
#Merit
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Bitcoin trading can be extremely profitable for professionals or beginners... However, if you are new I suggest you invest 100 dollars first, and monitor the price movement for couple of days and do some research on internet, watch a lot of youtube videos related to bitcoin trading... Dont invest more than 100 dollars till you understand what you are doing... Things will take some time, but will be benifical in the end.
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Good things about to come for Ripple. Some notes below :
1. Ripple began its partnership with the Hyperledger Consortium on 28th March 2018.This partnership would not only boost Ripple’s price considerably but also accelerate the developmental process of blockchain application.
2. The Implementation of the Cobalt Algorithm:: The Cobalt algorithm would mitigate the time for a cross-border transaction to nearly 1 second. Previously, Ripple’s cross-border transactions used to take three to four seconds. Therefore, this new implementation would increase Ripple’s speed by nearly 75% which means the number of overall transactions would also increase accordingly. With such a gargantuan boost in a daily transaction, Ripple’s popularity to the traders is very likely to escalate further.
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