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1161  Economy / Speculation / Re: "Bitcoin: Bearish Mood Strongest Since February" on: October 19, 2019, 08:38:23 AM
It is very difficult to predict of what will be the smallest figure of the dip but i'm afraid that Bitcoin price will surely to fall as their are some events that could trigger an FUD like McAfee is now urging the crypto users to sell their Bitcoin and there is a survey that people that are interested in Bitcoin is now diminishing due to bearish market.

Those FUD will never turn into reality as far as bitcoin is concerned it will always fluctuate but that does not mean that the investors will sell off bitcoins and I know right now we are into deep bearish market with less hope but we have been in such situations in the past as well wherein the value of bitcoin was under $5k but again it shot up,  avoid unnecessary FUD as it might lead to more panic selling which does further damage to the volatile market.
1162  Economy / Speculation / Re: Price fluctuations - Opportunity or despair? on: October 19, 2019, 08:30:33 AM
It will depend of the situation of the crypto users of which will favor them. Expect the new comers will rejoice as they will have the opportunity to buy cheap but it will be the opposite for the long time holders as holding for long term will be in vain in which they will need to hold more longer and extending more their patience with hope that the price will increase sooner.
Yes it depend on situation because if the price fall many are in favor because they can buy a cheap price.
True need  more patience and wait for the right time to sell.

Yes there are so many people who wants bitcoin to go back to $5k or so so that they can invest into bitcoin but those are the user who missed out to invest in bitcoin when it's value was down under $5k in the past assuming bitcoin might not recover. Most of us fails to wait for the right time to sell due to panic selling spree which takes over the market.
1163  Economy / Economics / Re: Millennial generation are screwed! on: October 19, 2019, 08:24:05 AM
First they spend more time on video games than any other generation, an average gen millennial spend 8 hours on games everyday! Ridiculous!

They basement dwellers

They deep on student loan

They no saving

They have no job security

Now they spend more money on bitcoin than all generation!

It never get bored millennial has been on the headlines since the god know when it all began.

Can crypto make millennial more screwed or otherwise? Let’s discuss!

Not sure about your first line, that seems like a huge generalisation.
The basement dwellers bit is just weird.
The next three points, agreed, it's an unfortunate consequence of the way the economy has been managed or mis-managed over the last few decades. Millennials do find themselves in a worse situation than their parents' generation.
Not sure about them spending more on bitcoin than anyone else - how can they do this if they have no money? Maybe they spend a higher proportion of what they do have on crypto, but I think it's unlikely in total amount.

This looks like a biased article against millennials and honestly speaking they are left with very less choice as the whole economy is poorly managed and the world is at the brink of recession I mean silent recession it's like millennials are paying the price of mistake and blinders made by last fee generations.
1164  Bitcoin / Bitcoin Discussion / Re: Bitcoin: Stress and Happiness on: October 19, 2019, 08:16:36 AM
When you're going to make a plan for a business purpose then you have to face both stress and happiness, every coin has both sides, you should consider this one when you are in this type of platform, Bitcoin is more than that because still, it's not a mature platform anymore, so the price ups and downs are a normal case, you don't call this situation as a stress, you have to manage it properly, again you will see a good thing in this platform then you should not be excited too, every moment is important for you, you need a proper plan for the future vision, for me, Bitcoin volatility is getting a normal issue because I've seen as like you almost 4 years, so it has to be taken very normally.

Yes but don't you think it's time for the next level as we are familiar with the constant fluctuations and kinda used to it but on a longer run we still have a long way to go as you mentioned it's not mature enough. Market will become more matured if the users become mature and stop panic selling and believing in fud.
1165  Alternate cryptocurrencies / Altcoin Discussion / Re: XRP and BCH on: October 19, 2019, 07:29:34 AM
Hello Bitcointalk Forum as of today I'm devoting myself to invest in Crypto hope I can find my way here on your forum. Long story short I've been speculating two of the top 5 Crypto by market cap half a year by now I always insist to invest because of too much fud happening to the community any advice to such a beginner like me would much be appreciated thanks for stopping by to my topic, the two crypto I've been speculating is mentioned at the topic.


In my opinion, why should we limit our investment choices to only those two coins. XRP or BCH might be a good investment but from the top 5 in coin market, coins like BNB or EOS also have good potential in the future.

XRP was once under estimated then it went on to become one of the most profitable coin for a short spam of time, post which it dropped down again an trust me I have experimented with all these coins you have mentioned and BNB turned out to be the best and more stable than these coins as BNB has continuous demand due to binance trade.
1166  Bitcoin / Bitcoin Discussion / Re: Bitcoin holding will be worth this year or in the long run? on: October 19, 2019, 07:11:51 AM
I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges. I wonder  if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?
I found with halving bitcoin at next year and give us hope for bitcoin back to higher price, I can't trust because today bitcoin still down and do not have way when bitcoin back up. We need regulation for bitcoin first to make we believe bitcoin at the future have good price and investor can get profit with bitcoin and altcoin investment, worth or not with holding bitcoin today is depend with how situation at the future with bitcoin.

I think there will be regulation as far as bitcoin or any crypto currency is concerned due to it's decentralized nature and even if ther has to be a regulation then who will implement those regulations ? I don't think it will ever happen but yes people might become more smart and down the line they might be able to differentiate between the market generated pump and whales generated pump.
1167  Economy / Speculation / Re: Where will this fluctuation end ? on: October 19, 2019, 07:04:23 AM
I doubt it would end and I doubt it even could. With how much its supply is still being released and is still demanded even now. Fluctuations in prices can't really be helped since it is volatile for a reason. As for the old question bull or bear, well that depends on the market itself. We may make predictions and such but we still can't tell if it would bull or bear.

Yes, that's the current situation of market as people are ready to demonstrate prediction but deep down they themselves knows that i will not go as per prediction. There are users who are making profits out of this volatility by doing a daily trade but with my experience a good amount of profit can be made during huge fluctuation but not the fluctuation of few hundred Dollars.
1168  Alternate cryptocurrencies / Altcoin Discussion / Re: Should we boycott ICO's ? on: October 19, 2019, 06:51:28 AM
Don't spread hate mate , let em fade away on their own actions. As long as we don't invest into new ICO's, teams will get the message and they will stop promoting projects without any real use case ....in fact maybe there will be a great ICO coming in 2020 , you never now so just watch them without investing.

Yes that's also true we tend to invest our time and money by going through their website and this was our mistake as you have rightly mentioned if we stop investing as well as promoting the new ICO's without a clear prospect then they themselves will learn the lesson in hard way and I just thought of passing a token of cautiousness to the bounty hunter community.
1169  Economy / Economics / Re: Why Bitcoin is not that good as currency? on: October 18, 2019, 07:53:18 PM
fiat is good as currency, because fiat have stable value and under control. you can trade with something that have same value in fiat, and this fiat's value cant change. bitcoin is not good as currency, because bitcoin value unstable, you can trade with something with same value but it just in that time because bitcoin value can change every second

As of now fiat currency is what peoples need because we can use it even in digital payments. not like bitcoin that not everyone really uses it. payment method using bitcoin is something different many changes are changing that newbies can't understand it more. for now, bitcoin is used temporarily to make transactions easier..
OP's demonstrations on why bitcoin is not good as currency gives many people a hints if what will happen to such economy since bitcoin have limited volumes.

Fiat which created by central government can control the numbers of published currency according to their needs, it's still prefer and still understood by the
users which is the common currency in their everyday life.
Just because central government can control the numbers of published currency according to their needs, does not mean it is so. This is the problem they control and they keep poverty unresolved so that we will depend on them. This is how you control public. They control our money, they control us. Bitcoin is the key to our economical freedom as bitcoin is decentralized. Nobody can control it at all. Besides, it is an asset too.

I got your point mate but it's not feasible to consider bitcoin as fiat as it's volatile and there are situations where it fluctuates within hours by over 10% and just assume if you pay a fixed amount of bitcoin worth certain dollars and by the time the other person receive it the value is decreased then it would be an hassle. I understand how government controls the fiat which is not the same with the bitcoin or any other crypto coin but we are not ready to take be replace the fiat currency as it requires more time and development as well as stability.
1170  Economy / Trading Discussion / Re: We are finally going to $22k on: October 18, 2019, 07:36:49 PM
Hopefully it will happen soon since the market today are really frustating but i am expecting that this is just a temporary crisis and soon it will go up high again and hoping it reach more than the ATH before. And i think a lot of investors are waiting for that to happen.

There is a speculation that BTC will surely hit $22k and a follow up soar up after the halving and i don't if thay is true. Let,'s what will happen after a couple of months.

Many predictions are like that but I don't know how in the future bitcoin prices will reach $ 22k, if I myself wait for Halving next year and my plan will come true if Bitcoin can reach ATH,

There are too many prediction and we \know how far these predictions works that's "zero %". Don't mistake me for negative post even I am a well wisher of bitcoin and holding bitcoin as well but we need to be realistic as only positive boost ups will not help recover the value of bitcoin as these analysis worth nothing because bitcoin and crypto world is dynamic which is subject to change anytime.
1171  Economy / Speculation / Where will this fluctuation end ? on: October 18, 2019, 07:18:10 PM
Bitcoin's price has been slightly fluctuating everyday but it's not a huge fluctuation to buy in or sell of in order to make huge profit as everyone is eagerly waiting to know where this will us to, this is what my question is over here. Are we heading towards a new price pump or a dump ? This slow drift of bitcoin's value is really confusion.
1172  Economy / Economics / Re: The 2nd generation of banking is going digital on: October 18, 2019, 07:11:48 PM
I think the second generation of Banking has already passed and banks have already moved to digital platform. What Credit Suisse is saying now has already happened 5 years ago with Core Banking Services in implementations. I think what we are waiting for now is the third generation of Banking which I think will be based on blockchain. Like the idea introduced by Ripple. Banks would start using cryptocurrencies for swift payment mechanisms. Moreover, earlier we used to see banks at a local scale without much inter-bank transactions but now we can clearly see how banks are interconnected with each other throughout the country, future would be a global banking system with almost zero delays in remittances and receipts.

Yes those digital which we are discussing here is something which we have been involving from past couple of years, but I think we are already into third generation which we are talking about as Ripple is an unofficial offshoot of the bankers and I believe they are experimenting with Ripple model to come up with a more conventional blockchain based technology to compete with cryptocurrencies.
1173  Bitcoin / Bitcoin Discussion / Re: The One Thing That Could Stop Bitcoin on: October 18, 2019, 07:00:30 PM
Most people sees china stopping their miners from mining as a threat to the existence of bitcoin, but I must say that I really do not see it much as threat, first you have to see from the aspect of most investors as they will never react to such news as we can see form the time that we were first threatened by the government of china to stop all miners, and the market never reacted negatively to this.

If china stops mining now, I think it will only end up giving power to some other countries that will see it as an opportunity to boom by giving chance to miners to do so in their country. If you see how much mining gives to some of these miners, you will understand that it is not really easy to give up the mining just like that as some of them would rather prefer to relocate than staying in china.

This is a reality dose as investors are least bother about this news about China pushing to stop mining which keeps popping up once in every two month and if they do it then it will be a loss to them as there is some or the other country waiting to take over and I personally believe China and Russia will never give up on mining as it gives them a huge source of income and as you have rightly mentioned they might prefer to relocate to some under developed nation without much restriction if they are forced to stop mining.
1174  Other / Beginners & Help / Re: Let's stand against Bounty Scammer. on: October 18, 2019, 06:47:24 PM
Worked for months but got nothing , I hope there will be no  scam bounty in the future Because it's just a waste of time and harm others .
Many investors are harmed in their scam project, let's hope that the scammer will be destroyed on this earth !

The best which we could do over here is to avoid participating in ICO based bounties and need to form a federation wherein we need to demand them to pay us weekly through any of the listed coins rather than cheating us in the hope of tokens which we rarely receive and even that too when the project fails. We need to learn from the past as bounties are not helping anyone nowadays due to the fact that most of them are scam.

1175  Alternate cryptocurrencies / Altcoin Discussion / Should we boycott ICO's ? on: October 18, 2019, 06:36:34 PM
Most of us have been through this sad phase of life wherein we have wasted our precious time spanning to months on scam projects wherein the either the project turns out to be a scam or else the developers refrain from distributing the tokens to the bounty hunters for first few months after launch and by the time we receive it the value of token is negligible. Should bounty hunters boycott the ICO's and look for alternatives?
1176  Bitcoin / Bitcoin Discussion / Re: 10 Years From Now: Bitcoin Overtaking PayPal? on: October 18, 2019, 01:38:01 PM
That scenario is highly probable, where not only Bitcoins, but also the other Altcoins, must be considered, I believe that the project that makes a well-structured plan for mass use will take that step, because cryptocurrencies are much more practical, they can be use P2P and the costs are lower.

Yes the transaction fee in crypto currency is much lower compared to money transfer platforms but it's still far away from being equivalent to paypal as paypal is openly operated wherein bitcoin or any other cryptocurrency cannot acquire same status due to certain security aspects as some countries don't accept it and even if they accept the volatility will play a negative factor.
1177  Alternate cryptocurrencies / Altcoin Discussion / Re: Have a $ 500 fund you want to make a profit on: October 18, 2019, 01:32:43 PM
I would suggest you to start with the coins which are already listed under good exchanges and priced under a dollar but be very choosy when it comes to first investment as it would be difficult to recover the money if you go for a wrong coin, you can start with coins like XRP or XLM as these coins keeps fluctuating every now and then, learn the art of trading then go for new coins which will be listed in binance.
1178  Alternate cryptocurrencies / Altcoin Discussion / Re: Before I Invest With Cryptoqurrency? on: October 18, 2019, 01:26:27 PM
You have good points. But lately I am no longer interested in investing, especially in new projects. Just wasting money and time. Yes, everyone has their own judgment and reasons, we cannot force it.
As in point 4-5, I better put money on coins that already have good credibility. So I was calmer when I put it in the top 10 coins.

Good idea but don't you think investing in top 10 coins on cmc only will reduce risk but also reduce profit margin? I discovered that investing in good coins with fairly lower market capitalization gives more profit especially for mid term investment. The truth is, just understand risk management and do what works for you, it's that simple.

Yes, It depends on the individuals as I would rather prefer investing in a new coin with a technology of the need which has potential to be one of the top coins and aim for high return on investment instead of investing in top ten coins wherein the risk of loss is lesser but the profit margin is mere and limited, but there might be another sect of people who would prefer lesser profit without taking huge risk who would prefer to invest in top coins.
1179  Alternate cryptocurrencies / Altcoin Discussion / Re: Which stablecoin is the most reliable? on: October 18, 2019, 01:14:53 PM
do you mean down to 0.85 from usd? it's a very big decrease, I have never seen a tether decrease above 2%, if you don't believe in a tether you can try on usdc, pax, but yes I think tether is the most widely used and trusted, please if you have other assumptions.

Yes, most of the people prefer the USDT coin, even though we have seen many negative rumours about the tether previously, but it has managed to secure its position in the market. Many people are choosing tether for holding their profits in the market.

Tether is mainly used to convert our profit from trading as we cannot store our funds I mean profit in ETH, BTC or any other altcoin due to the fear of fluctuations hence USDT is used as it's one of the first of it's own which does not fluctuates and I would say we don't need to pay heed to those rumors about negative news as it's baseless.
1180  Other / Beginners & Help / Re: Don't put your full trust on exchanges regarding scam projects. on: October 18, 2019, 01:04:42 PM
That's absolutely true! Listing on the exchange has no guarantee that the project will not be scammed. Because in fact after the project was listed on several exchanges, many of them ignored the development they had planned and eventually their core team disappeared without news. This is what investors should be aware of, making sure that their team has experience and also their data has been verified, because this can make you feel more secure in entrusting your funds to them.
The credibility of the exchange is needed to support everyone not to be affected by fraud projects. The exchange team must be more careful and selective to include tokens or coins on their list. I really hope that in the coming exchanges such as binance, hitBtc, kucoin, and many others will give good performance to always selectively insert tokens or coins from various types of projects.
So, I think it will reduce the growth rate of fraudulent projects that are very disturbing for investors and prize hunters.
Don't worry too much about it because as far as I know they make selections in choosing projects that will register with their exchange. And the fees charged are also very expensive compared to others, so I don't think there is a reason for projects that intend to commit fraud will do something as complicated as that, establishing cooperation with large exchanges like them is difficult. Even projects with high credibility are not easy to accept, because they have very strict special requirements.

Actually we have a reason to worry since actually we don't know on how the dev would react and what they are thinking since there are several coins/tokens has been listed on big exchange before turned scam and chances that it will happen today since many scammers level up and if you see how good there presentations today you will see in quick blink that they are legit and huge scammers can pay huge amount since they will surely know that they can regain what they pay since many people would think that they have potential because they are listed on big exchange.

True, I have seen some of the projects with intense website with proper roadmap and big MNC's as their partner and they do even mention that they will be listed in one of the big exchanges but eventually everything turnout to be a hoax and a project names Athero is the best example about it as they were so promising and said they were is talks with big exchanges and dumped it on mercatox.
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