I am 99.9% sure that the Ethereum prices are going to remain below $500 per coin for the rest of this year. They will rise above that level only when a recovery happens in the crypto-market. And this recovery is not expected in 2018.
Actually since last few months what we are expecting that is not happening what we are not expecting that is happening. So anything could be possible in this crypto world. even I thought before this year end ETH price will cross $2k but now I am not sure. I am expecting at least once the market will recover before we closing 2018 let's see what will happen. |
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The current "crash" is caused by one bad "news" after another. A lot of them are the false or twisted truth.
For example, today, once again "China Full ban crypto". What the... Why is it causing another crash?? Why is it even "news"?
It was already banned in China back in September 2017. All trading platforms suspended trading in September. Anyone from China who still trade Crypto must be using foreign platforms. Sure, they reported that China added all crypto exchange sites to Great FireWall. So what? These people have VPNs! When I was in China, everyone who visits foreign sites use VPNs. Yes, China banned VPN as well a long time ago. So what? Everyone is still using it. Just like ignoring the traffic light is illegal in China, but at every intersection, you will see people ignore the red lights... the truth! Just because it is "illegal", does not mean no one will do it.
So just this (one) news of China banned Crypto, it was repeatedly used to crash the Crypto market (4 or 5 times). Do not fall for it!
1. Summer 2017, China banned ICO.
2. September 2017, China banned crypto trading.
3. November or December? China became unfriendly to crypto mining (Large-scale miners moved oversea already)
4. January 2018. China banned websites of foreign crypto exchanges. (VPN!!!)
5. Today, "China Full Ban Crypto"... (Really?)
So what is next?
"China really ban crypto"?
"China really full ban crypto"?
"China really really full ban crypto"[IMG]
"China will jail anyone who trades crypto"[IMG]
"China will execute anyone who trades crypto"?
"China will nuke every country who trade crypto"[IMG]??
Stop spreading this nonsense. What's done was already done in September 2017. Nothing has changed ever since. NOTHING really changed in the last 4~5 months.
Yellow journalism at its best.
Same goes for Korean and Indian news. South Korea did not really ban crypto. Just one guy wanted to ban it. It was not approved, nor implemented. So far they have only added regulations that people can no longer trade anonymously. So what? Didn't Coinbase, Kraken, Bittrex etc. US-based platforms all require our IDs and photos?
India also did not ban crypto. Just a minister made some unfriendly speech toward crypto. No real "ban" whatsoever.
From the look of it, someone or some groups are trying hard to make the prices go down. The sad thing is, people are falling for it. The same China "news" was used on 5 occasions to cause the market crash while nothing was really changed or happened. Korean news was used on at least 2 occasions.
The bottom line is, let's just ignore all the stupid "news". Use our brains. Not hearsay from yellow journalism. It is getting annoying to have every little "news" to impact the market price.
Well this is accurate though this is how media works they tell false instead of truth and yes stop listening to false news it can cause some negative effects such as the what so called panicking. And these news can have an impact both positively and negatively effect on the price of bitcoin. I agree people easily believe the false news and take wrong decisions, But Indian governament took some strong decisions against the cryptocurrency. a few days back Indian deputy governor made press meet https://economictimes.indiatimes.com/wealth/personal-finance-news/blanket-ban-on-bitcoin-rbi-asks-banks-not-to-allow-buying-cryptocurrency/videoshow/63629506.cms. |
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Nope I wouldn't do it because it's just too risky for me. I might end up with less money at the end of the week or month. I don't feel like gambling with my salary which my livelihood depends on.
Me too I don't like to put my family at risk, look at how much the price was dropped from last 3 months, suppose if I received my salary in Bitcoins what will be my position now. If you are single then you can take a risk it will not affect much of your life but if anybody depends on your salary better never choose this option. |
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Bitcointalk Username: flower1024
Rank: Legendary
Current Post Count: 1859(included this post)
BTC Address: 1FyaEh2jbxFc3eUHAN4rETrLFAojKapf5h
ETH Address: 0xC8b130164d570F3FF49aD27c66bB3E2e0dE94f0A
Wearing Avatar and Personal Message: yes
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I think prices will go down till july. I'm sure you can sell your coins now and buy it cheaper next week. Hovewer you can hold and it can gives you profit but in th long distance. So it's' up to you, and remember about risks.
Not sure after July also we can see good growth in cryptocurrencies. now the market become unpredictable we thought in April the prices will grow but this month the condition is too worst BTC price went below $7k don't know where it will go and end before this month end. I am holding my coins because if i sell now i will lose my profit. |
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Bitcointalk Username: flower1024
Rank: Legendary
Current Post Count: 1857 (included this post)
BTC Address: 1FyaEh2jbxFc3eUHAN4rETrLFAojKapf5h
ETH Address: 0xC8b130164d570F3FF49aD27c66bB3E2e0dE94f0A
Wearing Avatar and Personal Message: yes
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Today WI facing Pakistan in the second T20 match. WI already lost very badly the first T20 match so not sure how they will play today. Pakistan team also not very consistent so anything can happen in this short format game so if you plan to bet on Pakistan do your homework correctly and bet the amount which you're ready to lose. Do not know how long these WI players underperform for their country because most of these players play for clubs nicely.
Same repeated in this match West Indies lost this game very badly, Once again Pakistan made a big total in this series they scored 205 runs with the loss of 3 wickets in 20 overs. superb batting from Babar Azam bad luck he scored 97 runs not out missed century in just 3 runs. West Indies got all out for just 123 runs. pakistan won this game by a big margin 82 runs. Congrats Pakistan. |
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i have been lucky with experience won with big amount but from all of my entire life i wasn't feel the jackpot and only people with a lot of luck can won that however if you can provide more informations at what site you won because probably it will inspired people to following your step and hoping won the jackpot too
The jackpot is pure luck based game only a lucky guy will win this game, OP is lucky so he won the jackpot. I am unlucky in this game never won a big amount in Jackpot and i lost hopes on this game. Instead of investing in jackpot games i will use that money to play other games in gambling. If he shares his strategy i don't think it will work for us. |
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I don't think even rain can save England from crashing to an inning's defeat against New Zealand. More than 2/3rd of the second day's play was washed out, but still New Zealand are in a very strong position. They are 171 runs ahead with 6 wickets in hand. Looking at the way England batted in the first innings, it won't take too long for New Zealand to wrap them up again.
Only heavy rains could save the England from this test match to get it draw else it will be very difficult for them to save them self to get it even draw. NZ are already 175 runs ahead and 6 wickets remaining. So a lead of 300 would be more than enough to get England wrap up under that score in 2nd innings. Suppose if NZ gives 300+ runs lead then it will be tough for England to save this test match, I think England will come back in 2nd innings and make this test match Draw. Now the match depends on Rain and England batting NZ is safe in this match. |
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The advantages of bitcoin that I know of.
1. Bitcoin operates independently and is not under the control of any government.
2. Bitcoin has high security, simple and fast payment.
3. You can use bitcoin anywhere in the world.
4. The bitcoin market is expanding around the world.
1. Bitcoin is under the control of banks and governments. We provide all documents for trading on stock exchanges. Coinbase recently handed over to the government data about 13000 of their accounts. 2. The bitcoin code is not compromised. But our bitcoins can be stolen from the stock exchange or wallet. 3. There are some countries that prohibit the use of bitcoin on their territory. Make purchases for bitcoin is also very problematic anywhere in the world except Japan. The advantages are depended on your country. If you provide KYC to any exchange then you will be under control of your governament, but still it depends on which exchange site you are using. If you use security on your system and keep your private keys safely then nobody will hack your wallet. You can buy bitcoins but you must pay tax for your profit this is the rule in many countries around the world. |
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Sounds like a stupid question for me. Although you can earn a lot of money from bitcoin but you should not forget about your first dream. I'm sure you have other dream before you knew about bitcoin, that's why you decided to study on a college. Formal education is still important thing in this world, so you should finish it while you can do "playing" bitcoin at the same time. Do not waste the money and time you have spent since you on a college, I believe it is not small amount of money. You do not know how long you will be able to earn through bitcoin, but with your educational background then you can find good real job.
In this generation, money is not important if you want to live your life happily you must be educated then only you will get a good job. anyhow you will suffer later at least now enjoy your college days. don't make earning bitcoins is your primary job. first finish your education and find one job later you can do whatever you want. Seriously once you missed your college days it will never and ever come back. |
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I think trading is not that easy. well, I have failed several times in trading, and to this day is still very difficult to do. sometimes the profit I get is not much bigger than the loss I get. well, everyone has different experience.
Trading is depended on the market and your skill set. if you invest in shitcoins then definitely you will lose your money, but if you invest in good coins like BTC or ETH or other promising altcoins you can make a profit. Don't sell when your coins are at a loss if you have the capacity to control your feelings you will never lose money in trading. |
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To the best of my knowledge, Bitcoin has not been made illegal by legislation in most jurisdictions. However, some jurisdictions (such as Argentina and Russia) severely restrict or ban foreign currencies. Other jurisdictions (such as Thailand) may limit the licensing of certain entities such as Bitcoin exchanges.
Regulators from various jurisdictions are taking steps to provide individuals and businesses with rules on how to integrate this new technology with the formal, regulated financial system.
But have you come to think of it... Whether Bitcoin can be used for illegal Activities...
What are some ways you think it can be used for? (illegal Activities) mention some.
Bitcoin is used for both legal and illegal activities. why many countries are not accepting Bitcoins means this is the reason it is more used for Illegal activities like Funding terrorist activities, money laundering, drugs dealing etc. |
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Its hard to say. I mean what can give you 1% surely on daily basis as many of the coins are pumping and dumping hard everyday. Whenever you make trade there is always exchanger fees of 0.1% to 1% for buying and selling of the coins. So whenever you do that you will surely have to pay 0.2% to 2% of the amount in fees thus you are already up for the losses if considered for making 1% of the daily profit. So now you will have to increase your daily earning by more than 5% so that you can end up having real 1-2% in your final statement. Thus, its not really 1% now but more than that which you have to earn before you could hit your target. Also, there is no surety of the market so sometimes there could be roe than 10-20% losses and sometimes you may just hit the break even point.
Per month you can able make 30% profit chases are there but daily 1% profit practically it will not work out. as you said many issues will come and market also not support you every day. you can make weekly target or monthly target but the daily target is tough. personally for me it is not possible. |
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Depends on how you wish to trade. TRX is good for day traders but it looks like bots on binance so you need to be good. For long term and safe hodl you should pick NEO. It will rise up like Ethereum and you can claim GAS as well for an extra bonus. Both are good so do a split with 67% NEO and 33% TRX
Splitting is the best option but give more preference to NEO it is a very promising project and in future, there are more projects will come based on this platform. So 100% the price will increase and yes it will rise up to ETH. If you keep your coins in neotracker you can claim free GAS. |
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I ran across this video a while ago on what can happen to you if you don't pay your taxes. At some point during your Bitcoin career, the cryptocoin will be converted to fiat and that's how they will catch you. https://www.youtube.com/watch?v=hf2fNEUPjQwThis is easy pay your taxes, I know that no one likes to do it, every time the government raises taxes no one is happy about it but if you like your freedom you need to do it especially since in my country jails are really not places where you want to be, so forget about trying to beat the system if at some point you're going to cash out then declare your profits and pay your taxes. Exactly if you really don't like to pay tax to your government then don't convert your coins to fiat. use your coins directly to buy your needs that are the only option you left or else find a local buyer and sell your coins for direct cash. If you convert your coins into fiat using any exchange you must pay tax you don't any option. |
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Okey, i told you guys that i would come back after i mined both BURST and Storj for a month. Here it is : BURST is shit, it pays NOTHING and the coin itself is pretty useless. Storj on the other hand, it pays OK! Its definetly profitable if you only count electricity used for HDDs. The program used is also nice to use and user friendly. Delete ur BURST mining and start with Storj.
Good how many coins you mined mate? And how you split your 30 TB storage for both Burst and Storj? 50 - 50 or what? I have 10 TB storage planning to mine Burst coin but after hearing your experience I am planning to mine Storj. |
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You should check out the NEW altcoin with its own new algorithm! They released it earlier this month and its dedicated to bring back CPU mining and bring down ASICs. They have an announcement thread here on bitcointalk. You should check it out, im mining it now. Its a cool project with their own new algo.
Whatever coin you mine but CPU mining is not worth. I tried to mine with my laptop. I was mined Siacoin continues 2 days 24/7 guess how much I received just 0.02 siacoin. now 1 Siacoin price is $0.012. if you try CPU mining you will lose your system and no income. So better invest some money and try GPU mining. |
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Hope this happens so I can buy the dip haha
Hahahaha you seem more awaited for dips. Well yeah, this would be a fantastic chance for every buyer out there to examine the scenario and buy according to their pocket range. For such dips, better is to keep an amount gathered already with you that as such situation comes, hit the market and earn your part. Bitcoins are not that much hard to get, just use some technicalities of field. you can't because even you also lose confidence in this cryptocurrency. just think what we discussed 3 months back. we discussed if the price drops $10k it is the best time to buy bitcoin. but now the price is $8k and all altcoins dropped like a hell still looking for best price. according to you what is the best price? I think no one is ready to lose their money am I right? |
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I feel relieved right now but slight only because btc is now recovering yet still slow. Actually this is not bad after all, at least btc's price is improving.
These times, I still remain hodling and I have no plan to cash out because this good sign might further continue and I miss this opportunity to earn more profit.
Yup from last 2 days the market is recovering but BTC price must cross $10k then only other coins price will grow. if you are holding BTC then don't worry 100% it will grow but if you are holding altcoins then it depends on which altcoins you are holding. currently, I am also holding my all coins. |
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