Is it practical to expect tenfold jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?
Its completely unpractical. There is no way bitcoin is going to spike like that because it is already having trouble resisting its drop at this point. There are huge dumpers all over the globe who are pulling back the growth of bitcoin and thus making it look like worst in this season. The thing is, when rest of the world see's bitcoin falling like this they will fear to invest into it. These are the peoples who might have been new investors who could have pushed the bitcoin to 10 fold rise but unfortunately that is not the case and the reavers of everything is happening. I doubt that it would be 10 fold change this year. Give it another one and half then we may think about it. |
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The EOS team doesn't communicate with devs. Why?
Does anyone know the reason? Why does the community is closed in inner world and doesn't help make eos ecosteem better..
What to say about those teams who has made millions already and later they get their asses fatty and lazy.  Believe me this is the case with IOST team, SCL, JNT and much more that I know to be best projects of all time since 2017 but now as they are getting bigger at it they are loosing themselves. I dont understand why they do it but thats surely has got with poor management in the later time. May be they are not able to mange the time over important meeting, conferences and stuff like that. May be!! |
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There is a recent addition in most exchanges and that is stop loss capabilities. Do you think this will improve trading experience and ensure one remain profitable on the long run? What is your thought about this?
Its awful that you recognised that feature by today only. Thats old one and people use it all the time to have the benefits of autonomous trading. Stop-loss is great help when you have to go for the long term trading and you have no time to look over the trading charts, patterns, come online all the time and try to grab those little % profits. I guess with the stop loss things have gotten very much easy where you can simply set the loss % and how much profit to take % so that your trade becomes automatic one. If your coin is falling below your stated % then it will automatically stop your loss and thus you will not loose anymore than that if you are not around the coin trading. Similar thing happens with the profits taking too. :-) |
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I wonder if there is a way to take advantage of this fact. For example, the first thing that comes to mind is arbitrage trading. If you know someone in Iran and if you can move money across the border, probably you can. The other question is if this is just a temporary spike.
This doesn’t look like temporary hike in the Iran be sure the prices are like more than 4x the prices of international market and thus making me think how is that even possible. Arbitrage trading may be possible with the sites like localbitcoins becaus they do offer us international trades. The only concerning thing that left us out of this trade is whether Iranian is able to send us money over the borders or not. That will need huge trust and then only it can work. |
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I don't think that Bitcoin has ended so fast because I see a large Bitcoin community around the world and I am also sure that this technology can help people to make transactions faster and safer. Even if this year doesn't increase in December, I will still refuse to say that Bitcoin is almost over, because I believe Bitcoin will rise again at the end of the year.
Indeed, mining conditions are very difficult at the moment, but I just think about how the fate of Bitcoin will be when supply reaches its limit, whether Bitcoin still has a price or maybe the price will continue to soar due to difficulties getting blocked because after the miner's supply only gets a fee per transaction that I know and maybe in 2020 all conditions in Crypto will change. What do you mean by that, I dont think these things will happen. Who says that mining will come to an end by 2020 anyway? Mining operation for the bitcoin will come to an end after many decades because there are still huge amount of bitcoins are left to be mined. Also, when this will come to an end then also mining would be the core function and there will be surely another way of rewarding the miners otherwise no one will start mining the crypto currencies. Also, I dont think that after its mining completed fully the bitcoin will come to an end, that is just coming out of thin air guys. |
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#Proof of Authentication post
Twitter : @bitcoinersorg
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#Proof of authentication post
Twitter : @bitcoinersorg
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There were a lot of profitable bounty in the last year. In the first half of this year, we can still find some potential bounty, but since the second half of this year, I have found that the bounty in the bounty section is getting less and less. More than 90% of the bounty is disappointing, I don't see any revolutionary projects.
This is a manifestation of the decline of the market. It seems that ICO model has been difficult to finance enough money now, so these ICO-based bounty, the risk of not paying is also getting higher and higher.
It's hard to find a satisfying bounty /ico now,how long do you think the bounty can live?
I believe that you don't have to focus on those 90% of the bounties, you just need to focus on 10% of the legit projects that are following the main stream. What does that mean ? That means you just be focusing on the ICO projects which are really taking the efforts to become that top 100 entity and makes things easier for you as well as for those founders and dev teams. Since long time we already know that most of the projects are scam one and hence we must not care about them but just keep trying for the best. If the scam ratio is more then all you have to do is have some extra bounties in your folio and work on them too. |
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I agree that difficult for the crypto mining and specifically the bitcoin is rising very fast but that doesnt mean they will stop the mining. To whom this will affect and who will benefit ? >> Only individuals who are mining the crypto currencies at lower hash rates will get affected due to this rise in difficulty. >> Big mining firms, with huge number of hash rate (in PH and more) will sustain the market forever, they will lead the global mining! >> Thus, mining keeps on going and thus bitcoin will live long life as well.  |
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Few days ago i added by someone into crypto pump channel on telegram. They claimed that recently they have done many pumps and all pumps were successful done and on 29th August they were about to create huge Pump on binance. But nothing was actually happened on 29th. I lost around 0.04 BTC in 5mins.
So guyz be aware of these kinds of channels.
Its great that you shared it here because many new people do not trust the topics created for telling them or sharing them before they can even try it. When someone share their trusted feedback here then they can learn more profoundly about it. I guess crypto pump channels are already made with the same intentions and they all will give you some profit initially so that you can trust them and then again put more money into it. But this time you will be putting the money into their preferred coins which they already have with them and they are waiting for the higher prices at which they will sell and you will loose. Better stay away. |
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They are already holding the bitcoin in the public ledger and that is their own bank. If you check the initial sayings by satoshi then you will see that his vision stated clearly he wanted to have a currency which will run through the public ledger and people will be able to skip the banking system (traditional) and have their own bank environment. These are not his words but im explaining it in my words. And this is what have happened right now. If they have the crypto currencies then they can hold it in their personal wallets and transact directly via it so that they can skip the banking networks. |
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Crypto currencies are prohibited in many countries but that doesnt mean anything as you can still have the peer to peer trading and earn big money from it. If you are having trouble accessing the exchangers then simply visit the local bitcoin sites and then learn some techniques to trade over there. How can you do that ? Well simply find the trader with X price per bitcoin and buy them from him. Now 99% chance is there that some other trader will be available with higher rates than the X per BTC. Thus, you simply approach him and sell your BTC to him. This way you can keep earning 1-3% of profits and keep reputing this unless and until you got the good trades. Thats the simplest idea behind it. :-)
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The site has an invalid SSL certificate, which is a bad start for a site that is going to want to handle money securely.
Since I'm not going to connect to the site to see what their business model is, I can't critique it, but I've bought with cash from localbitcoins.com several times with zero issues.
Thats a good observation and when it comes to the money and making transactions online then SSL security certificate is must have thing and hence we should be skipping this site. There are better and old and well known options like localbitcoins where you can meet new people who will have their KYC verified by the company itself. This makes sure that you have security of your funds and thus there is no way anyone can scam you. They provide escrow service by themselves so that whenever you are making trade then your bitcoins will be secured before releasing them. If you are on the other party side then same thing happens to make sure you both have security of your funds. |
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Most of the people are scared to enter into the crypto currency because of the illegal feeling that is coming from the government itself. I mean most of the time government is not concluding the final decision in the right way, they are either telling people to use it on their own risks and if there occurs any fraud, scam etc then government or regulatory bodies wont be Abel to help us. Due to this feeling that is out there in the people which is trying to stop them coming into the crypto. I guess if we approach such people then surely they will not be positive about it and they will do what they feel and thus may ignore you in the first place. I guess there is no way to convince such people at all. Better to skip them and approach the true believers.
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How long on average it takes for the ICO projects to redistribute the tokens a person who has contributes to their Bounty campaigns?
Personally I got very late always (From 1-2 months), is it suppose to be like that?
This really depends upon many things surrounding to those bounties really. Shortest time I have seen is around week or so during that period they will be like slowest one and thus may earn according to that. Bounties in fact does need lot of time and with the current situation people are already very stressed out and thus may not focus on the bounties and give time properly. They can take upto 6 month to 1 year also because I can say that these things are needed to be honestly. |
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Why not, this can be done for sure. I mean today banks are struggling with the overload of transaction that is done by them. I guess financial system is also like that and the only difference is that they are very strict about using it and that is the reason they might just switch to the blockchain. If it is like that then surely they might be onto something. Financial system is currently running on the swift tech and thus I believe that it is not enough fro them and they will need to have other alternate to this or at least pushing system too. In such cases I am sure that blockchain will be used vastly.
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I am usually not taking the special platform which is giving us the real time data but I just check it out at the exchangers which I believe in and use the most. These exchangers includes Binance, Huobi and Gate. These are the trusted exchanges for me and thus I keep making my real deals with the data that is being shown on these platforms only. This also gives me advantage of having the trades chart handy as I go on trading over these exchangers and thus can fulfil my requirement immediately. :-)
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Such true fact indeed mate. Selling is the perfect opportunity for those people or mostly the whales who are smart enough to buy at the same time because people are actually selling the crypto currencies at very low rates. This is why the statement is very much true that selling is actual contribution to the dumping market. If you react on it then you are most probably the one who is contributing to it all the time. Mostly panic sellers an weak handed people are the one who are contributing to such market and creating all the drama out there.
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