|
The main reason why people don't like to use Bitcoin as a currency is volatility. Because of that they are never sure how much coins they would need to spend for some goods or services and majority of merchants don't accept Bitcoin directly but you need to exchange it to fiat in some way. Better regulation and legal protection might also help for merchants to get willing to accept Bitcoin and other cryptocurrencies more.
For me the best way to use Bitcoin every day as a currency is Bitcoin debit card.
|
|
|
|
|
I think that every Bitcoin user with decent experience knows so far that keeping coins on exchange isn't smartest thing to do.
Exchanges are not meant to wallets. They are often very vulnerable, with not enough security and client policy in case of cyber attacks and coin.or data theft.
Keep just the amount of coins that you want to trade and don't use only one exchange, that is my security advice. But I guess I'm not telling anything new.
Also, if exchange lose the money because of any reason like attack or misuse the whole burden is on user and you oftten don't have enough legal protection so try to diminsh that risk.
|
|
|
|
|
There is a problem to establish one lost trust again. Even if they fix all bugs and improve overall appearance that still might not be enough. I think many still have the feeling that looks too much like ponzi and that might have negative impact. I don't think the game will manage to attract considerable number of gamers, not this time again.
|
|
|
|
|
With every new year expectations are growing and everyone expects the best year so far for Bitcoin, 2017, to repeat. Like every new year is a new start for Bitcoin.
Although we have some positive trends on the market and price growth that came near 10000$ I don't think we can speak about bull run that will bring the price back over 15000$. I think that we might expect price over 10000$ in the next half of the year but I don't expect miracles and I wouldn't agree that future of Bitcoin in terms of price predictions is so bright and clear.
|
|
|
|
What’s important for me in a casino is the following: superior customer service, honestly fair, regulated/licensed casinos, best lines and promotions and offer the best terms and conditions regarding pay outs and play.
Does anyone here have experiences with bitcoin casinos that are favorable? Am I missing any of critical traits that a good casino should have?
Thanks,
Crypto_Capitalist
Security comes on top of the list for me. If a casino is not secure, it could get attacked and gamed putting it and it's active customers at a risk of losing funds. One thing i liked about online casinos, particularly the ones dealing with crypto is that i get to avoid the over taxation (which is even double taxation) that is levied on our winnings in my Country. I can fully support that. Security comes first and customers service and protection. Also, it's very important that casino runs legitimate business because I wouldn't like to have any issues with authorities of any kind. Lack of taxation is a good thing but then again that very much depends on the hosting country. |
|
|
|
|
Username: bitbunnny
BTC address: 1Fh4NiuLKUuzafG6BTKddYi6F3ckt2Ustg
|
|
|
|
This is too technical for a lay person like me to possibly digest. But I surely would want to understand more of what you are saying.
What are these alleged rules that are newly and shadily injected in new blocks? And why does it pose a risk to our Bitcoin? And why do we have to sell?
It's techical but what is important to understand is that it's interpreted in a wrong way, obviously with the cause to spread panic among Bitcoin users, especially those who are not so well informed. Another FUD post. |
|
|
|
|
Not only in January but it seems that in February either Bitcoin will not reach 10000$. Although we are quite close it seems that this boundary it's not easy to cross. There are positive movements in the market but price is going back and forth and obviously it's hard to get to the phase of continuous growth.
|
|
|
|
You can double your capital within 2 months that's what is possible. As long as the cryptocurrency market goes up quickly, your profits will go up. In the past, many investors got rich quickly after just one month because the price of bitcoin then peaked. But not always the price is as you expect. It depends on your vision and luck. Invest in the right time or not?
It depends on amount of capital and taken risk. Although it sounds easy in practice it isn't. Many factors should come together along with positive trends on the market but often that can't be predicted. To my opinion it's better to set more moderate goals and to go step by step. |
|
|
|
The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.
In a way it could increase bitcoin demand as people will avoid using cash and try to make contactless payments to minimize the exposure to this virus. So in a way this deadly virus could work in favor of bitcoin(cryptocurrencies) I don't know why people make such renarks without informing themselves. First of all, corona virus isn't deadly itself, mortal rate is about 2% and so far only elderly people and those with some other serious medical issues have died. Second, O don't see how could this influence crypto market or raise price or demand for any cryptocurrency, there is no direct link. |
|
|
|
Malaysia is not restricted from owning or using cryptocurrencies, they are open and may adapt it but I think they are not that tech users. They don't spend most of their time in front of the computer's screen/monitor or even using a smartphone so they are not updated on the current trends like digital currency.
that's good, nobody regulates Bitcoin in that country to make Bitcoin free and pure decentralized, but negative things will come if they don't have crypto currency regulations, such as fraud and crypto currency crime. First you say that is good they don't have Bitcoin regulation in place and in the next sentence you say that is bad if they don't regulate cryptocurrencies in sense of fraud and crime. So that makes me to conclusion.that you don't understand what cryptocurrency regulations actually mean. How to treat fraud and other crime is just one aspect of regulation in terms of protection of users. But in order to have that in place you need to have cryptocurrencies regulated in other ways as a part of economy and financial system and society in whole. Regulation is a very complex issue but it's necessary for cryptocurrencies to grow further. |
|
|
|
Developing this for blind is a very thoughtful but they can never get full control of their wallet without assistance which can end up hurting them if the other person decides to snatch it. Some are having tough time with physical money. It's meant to be decentralized without third party.
Other disabilities like deafness can still operate a crypto wallet.
I don't agree with that. Today there are very developed applications to assist blind people, even with sound assistantce. I don't that is necessary for some third people to help them and to be exposed to risk of stolen data. How do you think that blind people use internet banking? The same could be applied to cryptocurrencies wallets too. |
|
|
|
To me a drop to $6500 isn't really that far... From $9k to $6k, sure its a considerable drop but would you be happy to sell now and have it go to $15k? You're going to have to work out where you'd buyback if we swing up? (potentislly around the 11k area) and what if you still have these thoughts then? Are you going to risk holding everything to have to buy back at 15k or 20k? (if we make it thst far).
6500$ isn't that far but isn't that close either. Corrections are possible, even expected, but fall to 6500$ would be a rather significant so I don't think that will happen so soon. In the next correction that might follow in the next week or two I don't expect to see price lower than 7000$. |
|
|
|
The starting period of every coin and exchange is always glorious,
Not actually. Especially right now when ICOs are pretty much dead, it's safe to assume that most projects don't even get a chance to get off the ground. But if you want to go for it anyway, probably check the Altcoin Announcements[1] and Service Announcements[2] section for new projects.
[1] https://bitcointalk.org/index.php?board=159.0[2] https://bitcointalk.org/index.php?board=84.0True, I don't see new emerging ICOs worth attention and investing. But I always considered ICOs to be waist of time anyway. When it comes to exchanges there are too many of them and not all are trustworthy. You don't have to try every new exchange, there are no some special conditions that will enable you extra profit. It's better to wait for a while to see how risky it is, is it a scam or not. You don't have to be the first one to try it. |
|
|
|
|
The strategy depends very much on type of investor, long term or short term.and also on risk apetite.
But no matter which type of investor you are don't expect too much of halving, you might get disappointed. In a way halving will influence the price but I don't expect some huge price rise or long term effect.
|
|
|
|
|
It's possible, however I think that is not going to be easy. Despite some positive price movements corrections of price are possible and will happen. Also, Bitcoin is struggling to get to 10000$ and maybe at the moment that looks very close but still it's not so easy to get there. At the moment 15000$ might be to high value to achieve.
|
|
|
|
|
Username: bitbunnny
Post Count: 6437
BTC Address: 1Fh4NiuLKUuzafG6BTKddYi6F3ckt2Ustg
Will update signature if accepted
|
|
|
|
Update! The 300 contract short was taken in full profit at 9260, 9145 and 9295. Which resulted in a total of 0.0006 BTC Profits!! Which means i have grown my initial 0.005 to 0.006, which is a 20% gain in 2-3 days  So far so good with your journey and if you keep that optimistic thinking you'll be able to see more successful trading position. Keep in mind that positive mindset delivered good outcome. You just need to keep working with your good judgement placing each position to your potential benefits. Good luck to you. Positive attitude is good and can be helpful but trading can't be based on that. 20% profit is good be he mustn't forget this might easily change and that he will not making so much all the time. Exactly that feeling that everything is so fine and easy makes people think that trading is easy game full of fun but they get to reality sooner or later. |
|
|
|
It's already February yet the price didn't even touch the tip of $10,000 just like how OP predicted it. It seems that crypto bull run is just moving slowly since Bitcoin halving isn't starting yet and there's a lot of days to wait first before the crypto bull run starts. What we have seen these days is just the results of the traders who are weak handed to hodl their crypto for a long time.
Another proof that predictions are not to be taken very seriously. At least it's not good to make crucial decisions based on them. Although we have some positive price movements that still doesn't mean Bitcoin will touch 10000$ easily and that what we are having now certainly isn't a bull run. |
|
|
|
|
Show Posts
