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so it's time to buy these currencies. while they're in decline because of delisting .I think in the future will grow .
Even if they're still being traded elsewhere, I wouldn't suggest that risk. It's too much trouble getting into a coin that everyone else is abandoning. If the exchange is delisting multiple pairs, it's for a good reason. No one is buying it and it is becoming useless. Too many shitcoins emerged last winter and we are starting to see the decline. They couldn't have all survived through such an aggressive market, so we can see they are getting weeded out one by one. Hopefully this is a form of evolution and more reliable coins can enter the market as a result. |
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I do not think debt will be a problem in the case of Bitcoin. Limitedness will not cause the real value of debt to increase because more money can’t be created "as banks do." Bitcoin has problems, these problems are not only technical, but I do not expect to stabilize as happens to gold, which leads to a weak economic system built on those currencies. I tend to a scenario that currencies can be mined according to "no maximum number" restrictions, leading to stability and non-fluctuating prices. thanks for sharing that URL.  Debt will only become a problem for bitcoin if knaves like MasterCard are allowed to create a bitcoin payment system with fractional reserve access to the currency. This would basically allow them to issue credit cards that the users can spend with, and MasterCard will only need to hold %10 of the total bitcoins being spent at any given time. The rest of it will be "debt" or bitcoin created out of thin air. How on earth can a limited asset be lent out when there is none available? Well, that's exactly the problem that bitcoin tried to solve. Now they want to use it for themselves. |
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Hello I have a long experience of technical analysis 90% capable of analysis I decided to share everyone Analysis and earn money from the subscription Who wants to subscribe Email me through the email:adad93000@gmail.com
If you are really that good in TA, I urge you to join this contest. https://bitcointalk.org/index.php?topic=4885085.0It doesn't offer monetary rewards though, but you will win merits. Might be a good idea for you to join. And if you win, I'm sure that you will get a lot of subscribers. The best place to start if you want to sell a service is to offer it for free. People will then recognize that you do a really good job and give you merits. Once you have merits, people will begin to trust you more. With more trust, they'll be more willing to pay for your services. People don't like the hard sell. They don't like someone unknown to them approaching them and trying to offer a service, no matter how useful it is. Technical analysis is certainly helpful, but you need to prove people that you can make it helpful to them first. |
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Oh yeah and there's also Bisq. It's a nice platform because it connects through the Tor network and will guarantee you an anonymous P2P transaction. The problem is there aren't a lot of people using it so you'll only have 20-30 offers for USD for example. But that's as anonymous as you can get if you want to do it over the internet.
It's extremely easy to track IP addresses, so any transaction through an exchange, even a P2P one like localbitcoins.com, can come back to you. If you want it to be truly anonymous, go find a shop and do it for cash. And please don't drag a friend into it, because if you want to do it anonymously, it must be for a good reason.
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This might be not superior in the present situation and we will see a group of value going down to the bitcoin. Bitcoin swap trade support is needed to have vast movement to the price of Bitcoin since many institutional currency will get on board to bitcoin
One more thread about the ETF getting postponed. Well I'll tell you what guys, the ETF is not as glorious as it seems. It just opens the door for hot money and speculative capital to come in and out when it pleases. Think about it. If major banks and institutional investors can buy or sell whatever they please, do you really think that they'll be standing behind Bitcoin and supporting it? That they'll be fueling the movement that is putting them out of business? No way! They'll be crushing it with every spare Benjamin Franklin they've got on hand! |
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Many cryptocurrency players have gone bunkrupt because they risk all the money that they have in their bank. They should not risk all the money that they have so that if they lose they still have the money that they will used for they future. Here in crypto you should only invest what you can afford to lose not all the money that they have. They should still keep some of their money for their emergency uses. Here in crypto it is normal to lose because we experience win or lose here and if we win we should reinvest some of it and the others used it for the things that we need to used it. If we lose don't lose hope just learn from that mistake that we encounter so that when we do it again we will not lose again.
We all know this fact that there is a lot of risk involved at time when you go for investing your money into any of the crypto currency as there are number of things which you have to consider before making any kind of decision. There are certain investors who have failed to make any kind of fruitful earning because of investing in crypto currencies and that is just because of their own silly mistakes and lack of knowledge along with poor control over their emotions. Well said mate, those who invested without doing deep research and thinks that crypto can be the easy way to attained financial stability, now they are those people who are suffering with deep loses and because of emotions they become stress and ending up losing more than achieving their goals of having a good benefits with crypto industries. On most cases those who just engage their selves into crypto because they are just being hyped or do being told by someone then they are most likely the ones who lose up money easily but even though there are still experienced investors or traders who are still into this situation. If theres someone who gains then there would be definitely someone who lose up money in exchange. On the current situation of the market I'm pretty sure that investors are gradually losing up confidence to invest too much in crypto once again. Yes, and this is why it turned into a virus. That major hype caused people to jump into it without thinking about what they were doing. I've spoken to lots of people who bought bitcoin near the peak last winter. These people have no idea about trading, about technical levels, about finance in general. They just heard from their cousin or friend or taxi driver about a pot of gold and ran to the end of the rainbow only to find it was already overturned and looted. No wonder the market crashed so quickly. I'm hoping confidence rebuilds, but in a more calm and rational manner so we see some longevity. |
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You can buy it with paypal through localbitcoins.
If you don't want to verify your ID, it's probably because you don't want your name attached to the transaction... so if you make a transaction through PayPal, well your name will be on that account! Assuming that exchanges that verfiy your ID share the info with tax agencies (not yet, but inevitably), the only way you can make such a transaction anonymously is in cash. And that's why cash transactions are much more expensive. You can do a local bank transfer on localbitcoins for as low as 2% (I even got -1% once), but cash will be closer to 6%, even 10% depending on where you live. And assuming that someone is there. |
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Any btc price prediction should be taken with a grain of salt.
Is it possible? Yes
Probable? Maybe, if this decline is structurally similar to $250 to $70 decline in the summer of 2013.
Bitmain and Innosilicon (competitor) are producing vast amounts of mining machines and people are buying (so far).
Right now when mining at a cost of 10c/kwh, breakeven point is somewhere at $7000-8000/btc.
How likely would be a five-fold difficulty increase in 1.5-2 years?
Quite likely as it would take slightly less than 4% increase in difficulty per adjustment period (about 13 days).
last five adjustment periods were 6.91% on average.
last 10 adjustment periods were 5.7% on average.
With 5.7% adjustment per 13 day period in the next 1.5 years, btc price would have to be $70000-80000/btc for miners to break even when mining at the end of that period (end of 2019, early 2020).
These are excellent points. I also did a similiar calculation a while ago and realized that btc was not profitable to mine while around 6k. I noticed very few people make an effort and do this kind of analysis. Like you said earlier, people are lost in their emotions instead of keeping a rational outlook or dig a little deeper to understand the costs of mining. Based on that the 60k projection appears suddenly not so outlandish any more. I see the logic of extrapolating from current profitability, but I don't think it's correct, because it assumes constant bid-side demand. It doesn't matter what it costs to produce BTC; it only matters what the market is willing to pay for it. If the market isn't willing to pay $60,000 or $80,000 on the above timeline, then difficulty will simply drop. Perhaps it will even plummet in a death spiral. Miners aren't guaranteed profitability by any means. Marginal miners are constantly getting squeezed out of the market, and if there is a reversal in the general trend, there could be a blood bath of miners shutting down. This is all totally unpredictable. This is what I'm thinking as well. There isn't a logical extrapolation from past prices because the demand can't be predicted using the same patterns. How do we know that there will still be such a demand for the coin in the future after such a big orgasmic speculative burst last winter? Maybe the people who got hurt told all their friends to stay away from bitcoin and no one's gonna come back. Or maybe hedge funds are piling on their shorts and hoping the rocket will run out of fuel. Or, maybe it will go back up again. Miners are going to be in even more trouble when the next halvening comes around. |
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What exactly are you looking for? An investment? A store of wealth? A quick trade?
Altcoins are good for quick trades to gain profit but I personally am a bit wary of holding money in any of them for very long. They tend to depreciate over time. They're also quite vulnerable to hacks and can easily be taken over. They're not exactly the safest asset.
Bitcoin, however, has a longer term security that is promising. I'd be comfortable leaving my money in there for years. No one is going to attack it, and it's decentralized. What more can you ask for?
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You guys done it right, I have to say. Personally, I am still on Localbitcoins, just only because I find it a bit easier to deal with people I already trust, but the fact that you still have to trust LBC's servers not to die on you, is a huge advantage you guys will always have. Some day, if your platform doesn't actually require us to be online all the time (I just don't like the idea of leaving it open while I sleep), you might find more people like me making the migration. But for now, this is decentralised P2P at its best. I like. I agree. This is really a great concept and needs to be spread more. Right now only a handful of people are trading on it and its hard to trade less common pairs, like RUB, IDR, etc. If more people get behind a decentralized exchange like this and pick up on community based projects, we'll see bitcoin being put to the use that was actually intended for it--P2P exchange without being monitored or charged commissions. Bitcoin kind of lost its original intent a bit I think when it turned into another "get rich quick scheme" last year as everyone thought they could make a bunch of money off it. I also use Localbitcoins.com mostly because its easier once you establish a relationship with certain people. But it could just as easily be done here too, and the prices are very reasonable. |
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Sure, why not? Bitcoin could certainly help your business because it offers your customers one more option to pay you. Customers like options. The more choices you give them for payment, the happier they will be to send you money. I think that one of the best Cryptocurrencies will do a lot in business. AML BitCoin IS also focused in business industry. It has anti-theft and know your client technology, imagine all the posibilities this coins has. It will be the coin used by almost all industries for their transactions https://amltoken.com/This isn't bitcoin, it's an altcoin. How secure is it as a storage of wealth long term? Is it vulnerable to takeovers like other altcoins are if a hacker has enough resources to sustain an attack? And what makes it more viable of a solution than bitcoin? |
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humm ... really here we are a great community, but you should also analyze the following:
- How many threads are there in bitcointalk
- How many people do you think have the time to read all the pages of the threads?
- How many people create a thread with up-to-date news or is it a relevant thread that could affect the market?
Now if you tell me what people post on reddit or the news channels, there the story is completely different
That's very true, there's an information overload around here. Too many people trying to promote their own things or win bounties to have meaningful discussions. People might not make immediate large financial decisions based off the information they find here as well. They'd probably be more interested to do more research and look into it from other sites as well. This site does give lots of brilliant ideas and inspiration for new projects which help to reach the next level of investments. Perhaps he means to organize a mass news release in which we all go out into the world and announce positive things about bitcoin? Or we all endorse it on other websites? It might help... |
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Indecision stage, that exactly what's going on. There's no certainty in terms of the future for a lot of coins, and after all of the awe and fuss over the amazing implications of blockchain, we are now at the reality check stage. What comes next that will stimulate the price further? There's so much money tied up in the market already that it's started to carve out it's grooves. Now it's just a matter of loosening up the capital a bit and letting it settle into a comfortable area before moving up again.
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They can predict $67,500 by the end of 2019, but then they might be predicting $17,500 at this time next year. Or they might be predicting $167,000. These kinds of things are not worth spending time and energy on because they are very dynamic situations. What looks bullish today can be bearish tomorrow.
We need to evaluate it from a closer level before making sky-high predictions. These guys have done so well that they want to keep up the same sentiment in order to keep doing well. So they promote an attitude towards bitcoin that has helped them to profit in the past.
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I do not fully agree but I believe that the investment in your hand should be 70 percent bitcoin as 30 percent altcoin. If you make your whole investment as altcoin or bitcoin, you will miss many opportunities.
That's what I would say too. And considering this is posted back in May, it looks like it could have been a pretty reasonable strategy. I don't know the total value of all alts vs. bitcoin (is there an index somewhere that we can see that?) but I think that overall alts have been losing pretty badly against it lately. Now that bitcoin is gaining and alts aren't, I'm looking to get into a few alts a bit now. It's better to buy them while they're still low, because once they start moving, they really go fast. |
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Eight months ago, my financial situation was not good at all,
I work that way, My income was about 45 to 50 dollars in the month,
I was disappointed with my income
Than a friend of mine suggested me to work with cryptocurrency. But I had no idea about cryptocurrency. Gradually, I learned to understand a lot about cryptocurrency, cryptocurrency gave me success in life, Now my income is 800 to 1500 dollars per month. Now I am very happy and now I believe cryptocurrency may change the financial condition
Great work! You could make more money selling your success story as a course to educate people how to successfully make money with crypto. Just create your own website and publish a blog that leads people to your course, or start marketing it on one of those course websites like Udemy. It's good for people to hear the positive side in moderation. Not stories like "I made 2 billion dollars on crypto" because that's not attainable for everyone. Giving them more realistic success stories like this is better because it makes people think, "Hey, if he can do it, why can't I?" |
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Many cryptocurrency players have gone bankrupt
As I said in this year's new futures market
Such speculation has already allowed many former winners to Departure .
Without certain experience, Trading and Hodling are risky. The most acceptable method of investing at the moment is ICO. For a more successful contribution, you need to carefully analyze the project. Identify is necessary for the market side. For example, the Kelvin Blockchain project has an innovative method of encryption, transmission, storage, and security. All this is based on quantum computing. Thus becoming in demand in the future. With the coming quantum technologies, the current market must experience many changes. To be more exact, many coins will leave the market, as there will simply be no demand for them, due to the same technological superiority. I managed to participate in several IСO, some I earned quite well, I can say with certainty, for a good project, it must have potential for the future, that it will be needed in five years. Unfortunately most projects do not have this potential. I was lucky and I came across a project focused on protecting against hacking quantum processors, and to maximize the use of all the advantages of new technologies, project Kelvin Blockchain, you need at least to consider, because not every day there is such a good option for investing money. Kelvin Blockchain project itself is flexible to implementing cryptographic algorithms which will make it one of the safest blockchains ever existed with 10+ signature available from the start. This project does not rely on any particular signature algorithm and due to the multi-client use - on some single consensus. In case of any problems, it is possible to quickly locate the threat and prevent it’s distribution throughout the system. Multiple blockchains with different consensus algorithms, token types, and assignments will be available. The multichain technology allows creating almost an unlimited potential for speed and productivity. Kelvin Blockchain can launch up to 2^64 subchains - more available subchains will benefit in increased speed and security. Moreover, all the blockchains will be processed in one wallet so that the client could have fast transactions, secure investments and cheap smart contracts as well as a lot of other services at his hand. These kinds of things are good to catch early, but it's hard to know for sure which ones will be worth getting on in the early stages. What you are describing sounds like a robust and secure blockchain that has a great potential for growth. The only risk with ICO's is being able to place trust in the people who are organizing it. Who's to say that they'll deliver in the end? Anything done in crypto is inevitably risky, no matter what you do. Of course, we can protect ourselves through various measures like risk management, proper research, money management, etc. All players in this game should give themselves a proper trial period and enough education to handle themselves. |
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Bounty programs can be really effective if done well I think. Some are recklessly flaunting their bounties and this can come across as a bit pushy, while others are authentically representing the ICO and starting a dialogue about it. It's just like sales. If a man comes up to you in the street and tries aggressively to sell you a t-shirt, you're going to ignore him. But if he starts a dialogue with you first, gets to know what you are interested in, and then suggests that his t-shirt might be the one you're looking for, bam! There's the sale!
That's the way interest is activated. There's a slow but steady process of relationship building that is critical. Once a bounty is shown genuine interest, more and more people can come because they're curious.
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I would say that those who jumped on the bandwagon back in the winter when it was over 15k may have gotten hurt, but not bankrupt. That's what happens when you run into a burning building. The trend was already bending to near maximum peaks but sometimes people make decisions based on emotions while investing and get into a trade before carefully and rationally analyzing it. I've done it myself enough times to recognize it.
Also, there have been people getting hurt because of exchange hacks, but that's about all that comes to my mind. Bankrupt? Please tell us more.
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Many of us use bitcoin only in exchange/trading site, while bitcoin should be more used in marketplace/online shop. Which one do you choose? Do you prefer to use bitcoin on a trading site or marketplace/online shop? And why do you chose that?
In my opinion, it should not be. Just watch bitcoin as gold. As for the means of payment, it is necessary to have specialized currencies to do so. It will overload the system. Yeah I think you're right. Bitcoin doesn't seem to be able to cope with the same volume of instant transfers that card payment systems like Visa and Mastercard do. It's still a bit slow for people to adopt it for online shopping at this stage. Certainly, it's being improved, and there could be a means for that in the future, but at this point it is more like gold. You take it to the jeweler, exchange it for some dollars, euros, etc., and then go and buy what you need there. Not being said that Bitcoin can't still be used for payment. I offer it as an option for payment when clients ask, why not? Some prefer to use it, others look at me like I'm crazy. |
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