Bitcoin Forum
April 22, 2019, 07:07:21 PM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 »
1  Economy / Economics / Re: Bitcoin is one of the saviors. on: December 12, 2018, 06:33:23 AM
Honestly, for the moment I do not see many "saved" from the bitcoin. Instead, I see many who have entered at the wrong time, and have lost large amounts that are unlikely to recover.
However, everything is possible. Even a miracle .... Smiley
The nice guys invested when it was the start of the Bitcoin and now, when the world knows about the Bitcoin, it is very tough to get the profits out of it just by investing. Huge investment might result in a different result.
2  Economy / Economics / Re: why bitcoin price fall down? on: December 04, 2018, 09:18:01 AM
what do you think about it? my prediction is bitcoin price will be back to $1000/btc in next 5 months or less. since oil price was fall down now and trade war between US and china. give your opinion pls
ETF, BCH fork and all the things that has been happening lately. Bitcoin has proven to survive challenges like this, and this is less compared to what it passed through in the past years. So Iím very sure itís going to get back to the top and price will increase. Altcoins like ETH and XRP will rise with it, but Iím not sure of others.
3  Economy / Economics / Re: Do you ever wonders why we are using this paper as money? on: December 04, 2018, 07:49:35 AM
Before, I dont mind it why we are using paper as money. But as a citizen, we have to obey what does the law says and our countries has the same law with it. As they declare something like paper/cash as money, it will turn out that way.

I just realized it lately, yeah why we have to use paper as money if our ancestors successfully live through trading "barter", exchanging of goods to goods/services vice versa.
Your comment explains why we are still sticking with paper money. Yes, being a responsible citizen we do not have any other options expect adopting paper money of our governments. But, after some enlightenment like bitcoin, I believe anyone will come forward to start using new type of currency for sure.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: What if the ICO projects pay the bounty hunters in bitcoin only? on: December 04, 2018, 07:15:50 AM
Do you think paying bounty hunters in bitcoin or ethereum a good idea so that there is uniform payment among the participants? What is your thought about this? Maybe this is the first step to turn back the trust they lost because of mostly valueless coins they offered. What is your thought here guys?
Well, for me as a bounty hunter I like this idea and I am thinking of this before. I actually am part of a bounty campaign that pays both Bitcoin and the projects token which will make them a more legit projects out there. We are paid half in Bitcoin/Ethereum and half in tokens and that was a great experience safe for bounty hunters part. I prefer projects that undergo that kind of payments in their bounty programs and I hate those projects that requires KYC because at the end of the day tokens could be worthless.
I am also not against KYC. But the scammers are introducing KYC at the time of distribution of bounty rewards. I do really hate that. Because they must clear their stand on KYC well in advanced like in the beginning of the program itself. Introducing KYC in the middle or at the end definitely is a way of scamming the bounty hunters. I just wonder why this forum is not taking proper action about this kind of scammers.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: How to choose ICO, campaign. Tips. on: December 04, 2018, 06:40:27 AM
I am pleased that there is a possibility of earning on ICO projects. But now I see that it is quite difficult and I try not to think about what can prevent me. I choose what interests me
If you are choosing based on your interest, what is the rate of success with your investment. I am just curious about your past success rate. I heard some people are good with their inner thoughts and based on their interest and inner thoughts, they are investing and making big money. Please share further about your past records on ROI details.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think the market needs to get back on track?! on: December 03, 2018, 12:55:14 PM
As all we can see the market isn't going anywhere but down.But there are a lot of projects and ICOs appearing everyday but not helping the market at all.
Any opinions on this topic?
The whole crypto currency industry is all dependent on bitcoin price movement. ICOs has nothing to do with it. Market will recover from this point surely but we cannot be sure about when that will happen. We need to be optimistic about bitcoin so that we can make use of this situation of most of altcoin's cheaper price levels.
7  Economy / Trading Discussion / Re: Proper TA for day trading on Bitmex on: October 24, 2018, 12:36:44 PM
I think most of them check out all of them. Like historical data as well, you do not just check 1 hour or 4 hour or 24 hour, none of them can be enough by just looking at that only, nothing, definitely no indicator or no time spread is enough if you narrow it down too much.

Hence you need to prepare yourself for all kinds of possible indicators, from bollinger bands to RSI from macd to anything you can think of and in the end if all of them shows you the same thing for 1 hour or for 4 hours or for 24 hours than and only than you can be sure that the price is doing what you imagine it will be doing. Hence I would suggest not to narrow your indicators and try to widen them, also check out other peoples works on how it worked and try to backtest for it as well, that helps. Use tradingview and you can see all the info
8  Economy / Marketplace / Re: LOOKING TO INVEST MY LIFE SAVINGS NEED ADVICE on: October 24, 2018, 11:28:32 AM
Invest in yourself and you will not make a mistake. Invest education, if you have money for that go to school, learn something that will make you more money. Learn about programming, web design, or something else, that depends from what is your passion in life. Invest a little part in cryptocurrencies, but investing in education is much better option.

Why are you discussing this? A man asked for advice almost a year ago, I do not think that this is relevant for him now, as well as mining in general for individual mining is not a very promising direction for a very long time.
Why not? You don`t need to mine bitcoin, there are other good mining options. Its all about what kind of equipment you have, with good equipment you can mine bitcoin but for that you need a lot of money. People still discuss this cause they don`t pay attention on previous posts, I discuss it cause I think I gave another point of view, nobody say nothing about learning and education, maybe some new people will check this and see some good suggestions.
May be he has done all that you are suggesting him. Now he wants to invest in cryptocurrency. You should tell something about crypto world. Anyway I want to tell you should split your money between different coins. If you have big money, you should buy some bitcoin, Ethereum and Ripple, so that your profit chances will be more because all the currencies will not drop at one time.
9  Economy / Trading Discussion / Re: OPINION NEEDED - Building a wiki-like free project about world of crypto trading on: October 24, 2018, 08:04:14 AM
Hi!

Me and a group of enthusiasts passionate about trading and cryptocurrencies have an idea to build a wiki-like free project about world of crypto trading.

Now we are gathering ideas on what articles and guides to include first to help beginners to get into the world of crypto trading! We believe that well structured and consistent educational project will boost learning curve of non-experienced traders and will fill the gaps in knowledge of more proficient individuals!

We have some views about what kind of information to include, but we really would like to hear ideas from different people with various levels of expertise and experience. Whenever if you only started your way into crypto trading and feeling that you miss something or you have to share some ideas based on your rich experience and - please discuss!

We appreciate any posts - the more the better but would like to ask you to prioritise your ideas!

Thank you and letís make crypto trading little bit more easy to learn for everyone!


It is a beautiful idea I must say, considering this would be more centered on those who will need a full understanding of all they need to know about trading and will be free to all.

I can tell it would really go a long way as a lot of people tend to seek knowledge about trading every single day and having a place like a wiki for trading in which you get most information and questions you need to ask is a pretty good one as far as I am concerned. This would be more like a more accessible investopedia if I may say.
10  Economy / Gambling discussion / Re: India to legalize gambling and sports betting on: October 22, 2018, 11:20:04 AM
It's not a cultural thing but, gambling has a remarkable influence in the history of India. It is obvious that Indian people really likes to gamble and crypto just fueled the interest by offering anonymous bets. If government is going to regulate and make it legal. It would be good for the country as they can't do much against the underground gambling.
Gambling would surely boost their economy and there's no solution for those underground gambling that exists in India. Its not them who only tackles with this problematic situation but many countries do so.

They are legalizing it and if you'll search for different Indian-based online casino's, there's too many of it that exists today including the non-crypto and crypto casino's.
It is good for the Indian government. They can collect huge taxes on crypto transactions. When they allow gambling people would gamble freely as they already gambling without regulation of the government, they would better help their economy by collecting money from all over the world. Other countries should also legalize gambling because it cannot be stopped.
11  Economy / Gambling discussion / Re: Gambling Addiction Stories! on: October 18, 2018, 08:18:05 AM
Thee are many gambling stories out there, some good , some sad yet we still make new addicts every day. I don't think the sad stories alone will get future addicts to stop but rather the society must offer hope such that if I know I can earn say 50$ by washing plates for 48 hours I will rather make my 50$ that way and not through gambling.

In washing plates you are sure you will be getting 50$ but in gambling either you can make the same amount or lose out completely depending upon the luck and the game which you will bet on. People who have excess and lose out is fine but for needy it is quite bad.



We will make money through gambling only when we have enough luck, as you can see sometimes we may make higher amounts in order to start continuously gambling. Once they are making money they will start addicting to it.

We will make money through gambling only when we have enough luck

Since when you profit ONLY when you have luck? I can just martingale 10x and leave with profit...
By washing plates your income is confirmed and your mind is clear but in gambling you can even make thousand dollars in an hour but it is not guaranteed and nay lose your $50 in seconds. What verdict do you get from this scenario? When there is a risk the profit will be high and when there is no risk and the income is confirmed you will get less. Donít fool yourself and donít compare job with gambling.
12  Economy / Speculation / Re: Will Bitcoin hit a trillion dollar marketcap in the future? on: October 17, 2018, 12:06:46 PM
I can imagine what it would be like when bigger institutions start stepping in and they are beginning to take the piece of the global cake which is what I believe would be the case in the long run, let alone, when we end up hitting the level of mainstream adoption and the real life usage of bitcoin hits some maximal level than what we have now. The thing is that this market sure have the potentials of hitting a trillion dollar market in coming years and that I am hopeful for.

Agree. This could probably happen in the future, as Bitcoin advances in terms of development and mainstream adoption. Serious businesses and companies would become interested in owning a share of Bitcoin's supply, for long term investments. Once the Lightning Network, and several other improvements come into effect, then expect for Bitcoin's market capitalization to become worth trillions of dollars or more in the future.

Since Bitcoin has been the cryptocurrency which brought blockchain technology to the world, everyone would pay close attention to its development over time. As such, if Bitcoin manages to scale successfully to a large mass, then there would be no need to look any further as it'll become the standard cryptocurrency of the Internet. Therefore, people who get into Bitcoin now while the market is on a bull run, would probably become millionaires in the future when the pioneer cryptocurrency's market cap reaches a new ATH. Just my thoughts Grin
It will be more than trillion dollars in the future, because people are going to put their money in bitcoin as they know the importance and benefits of it. When there is no other currency in the market in the future, there would be no need to price it with dollar or any other currency. It will be new world order. One world and one currency and no other currency will be usable in the whole world.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: Major benefit of Ethereum? on: October 16, 2018, 08:17:57 AM
Ethereum is getting popular day by day. People participating in ICOs they use ETH a lot. Ethereum is a smart contract.

But what does Ethereum do better that any other alt?



But now, seems like the peoples participating in ICO are reduced greatly, therefore the number of ICO's created are few too.
Investing in ICO is a good option, but unfortunately there were many fake and scam ICO's in the past days. But there are still some great ICO's to invest and worth, of course.
The first benefit of investing in Ethereum is to save your money for the future. The other is that you can make big profit in the future. Third is this that it is the second biggest coin in the market and you can sell your coins any time you want. You can find buyers of ehtereum easily in the market, while other Altcoin may not get investors easily and you may face hurdles.
14  Economy / Speculation / Re: BITCOIN'S VALUE WILL INCREASE ONCE ALL 21M BTC ARE MINED...SO HOLD YOUR BTC! on: October 15, 2018, 12:59:48 PM
While you are correct in your assessment it seems that you forgot that is going to take more than one century for all bitcoins to be mined, and it's very unlikely that any of us is going to be around by that time, however as bitcoin becomes more difficult to mine and more bitcoin is lost because people forget the password to their wallets we're going to see a decrease in the supply and that will make bitcoin even more valuable.
I think there is no limit for bitcoin to be mined. When we want that bitcoin will be the global currency in the future then mining process will also never end. It will continue till the end of the world like other paper currencies. I donít believe that 21M is the last limit for bitcoin mining. Anyway if a company produce lot of items but there are no buyers in the market they cannot make any profit.
15  Economy / Speculation / Re: DO NOT GIVE UP !! on: October 11, 2018, 12:34:52 PM
Don't give now because this month and next comings months bitcoin will be good and price will pump again.
yes, new hope will continue to arrive in each moon, when you will give up, but you still have tomorrow, so don't give up, because that can be the thing that builds our success. well, regarding the price of bitcoin, I think there are still many possibilities to see the price getting higher.
Those who give up and withdrew or converted their investment to Altcoin will rub their hands to see the growth in bitcoin price in the near future. I think that all the investors should stay in bitcoin because when the investment cap decreases the price will also decreases and when more people invest in bitcoin, the price will go up and it is happening in the near future.
16  Economy / Trading Discussion / Re: Crypto exchangers and kyc on: October 06, 2018, 10:58:24 AM
Is anyone know there is any crypto exchangers who dont ask kyc ??

Like its no bs transaction you send them coin they send you money with western union monegram or bank transfer.
Or you transfer them money they dont ask stupid questions they just make the trade happend.
Is anyone like this ? I spoken my friend from former soviet union country he said he dont care if only customers he can do exchanger without kyc.

If what youíre looking for is an exchanger that will make payments through western union, bank transfer, then you shouldnít be looking for one without KYC, cause all of them do KYC. If there is anyone that wouldnít do KYC then itís possible they wouldnít be doing bank transfer. Before anyone can do bank transfer for you it requires you to give some information about your self and your bank info.
17  Economy / Marketplace / Re: "Bitcoin mining is a Big no!" on: October 06, 2018, 10:02:59 AM
The cost of mining is relatively high. First of all, you have to have a large number of mining machines, which have a high configuration and a large amount of electricity, and the temperature of the mine is also processed. And now it's getting harder and harder to dig, so I don't recommend digging! Undecided
One of my friends told me that if the price of bitcoin falls a little more he will stop mining because he told me that the mining is very costly and they make just few hundred dollars in a month because of the bitcoin price in the market. If the price rises they will receive good profit but if the price falls, it will not recover even the mining expenses. Therefore they will have to quit.
18  Economy / Trading Discussion / Re: Where you take inspiration when you tired from trading? on: October 03, 2018, 10:54:42 AM
Where you take inspiration when you tired from trading?
i hard to say when you sometimes tired from trading or have stress from ico or lose part of deposit. What you do to relax refresh youself and get inspiration for new trade. How much time you need to refresh youself for new hight.
You donít need people to tell you what to do. You know yourself very well and you also know the things that makes you happy at all times, especially when youíre feeling down. So whenever youíre down from trading you should just go for that and help yourself out.

It can be watching videos on YouTube, going outside for some fresh air, grabbing something from the kitchen and that continues. You just need to do whatever that makes you happy.
19  Economy / Trading Discussion / Re: Should I stop trading in this bear market? on: October 02, 2018, 10:07:03 AM
Vice versa, in my opinion it is easier to trade in such bear market. Am I wrong? How you gonna trade in a bull market? In a bull market you need to hold. But in general, if you do not know how to trade better don't do it. It's very risky.
Just sit and see the chart research when will market will go up and focus on your trade.You're not alone who is facing this panic.
Yeah of course it is very risky and earning money from trading is this bearish market is much difficult. I also suggest that only well experienced traders should take this risk. New investors should not try trading in this situation. My strategy is to hold my coins in such situations but regularly observe the market every moment. When there is little bit chance I try to cash this opportunity.
20  Economy / Economics / Re: People are not motivated by money. on: October 01, 2018, 11:51:12 AM
everyone will be motivated by people, everyone has the right to have a lot of money, I will try to get as much money as I can, I make money only in the bitcoin forum
I think people are very much motivated by money and this is the reason so many of them invest in cryptocurrency to make big money in small time. This thirst for money has actually led people do many illegal activities as well which amounts to billions of dollars. Investment in Bitcoin is also a potential way to earn big money. So more and more people come up with their master plans and end up making as many shots as possible for ultimately this meets the assumption of monotonicity.
No it is wrong, money is everything in life. People definitely motivate people, but if there is no money involve nobody will take interest and he will not motivate if there are no financial benefits. It is money that can overcome your financial problems. Everybody in this world is working for making more and more money. No body works for free.
Pages: [1] 2 »
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!