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1
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Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC?
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on: December 08, 2017, 12:29:39 PM
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So where should we invest bitcoin to actually earn some profit and increase the amount of bitcoin we own, is there any legit place?
I mean cloud mining is a scam but there must be something else we can actually do right?
Just buy bitcoin and store it for six months or a year in your wallet. Nothing and no mining is needed to increase your deposit 2-10 times a year. |
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2
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Alternate cryptocurrencies / Altcoin Discussion / Re: If Bitcoin dies does altcoin die?
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on: December 08, 2017, 12:24:37 PM
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Bitcoin is a very popular crypto coin today, we know that Bitcoin will be very expensive in the future but I imagine if Bitcoin die, whether there will be hope for the future of altcoin? because most altcoin exchanges are to bitcoins your opinion is highly appreciated.  Yes, it seems to me that if bitcoin goes down, he will pull all the altcoins behind him and it's sad, because they poor creatures can not recover from the spring of 2016.  |
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4
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Bitcoin / Bitcoin Discussion / Re: Sustainability of BTC
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on: December 08, 2017, 11:57:41 AM
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With the power requirements to run the BTC network continually increasing... what is the long term solution? It doesn't seem viable that it can go on forever like this. Anyone have good insight? It's easy to just assume... "well there will be cheaper energy in the future" or "BTC will just switch to POS".... I guess I'm looking for answers with a little more substance and detail. Thanks!
I do not really understand and understand the issue of miners, but it seems to me that soon bitcoin will replace a more promising and profitable currency. Which will be more profitable to mine. For example, such currency as Bitshares.   |
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6
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Bitcoin / Bitcoin Discussion / Re: is it risky to turn all my money to bitcoins?
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on: December 07, 2017, 05:23:06 PM
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
It is worth remembering about the risks and diversifying your investment. This is how you can earn money. Every investment and exchange of funds can have losses and every person should be mentally prepared for this. |
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7
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Bitcoin / Bitcoin Discussion / Re: Is BTC the new gold ?
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on: December 07, 2017, 04:39:28 PM
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How many times you heard some question ?
But the time goes by and I've been wondering if it really what a BTC today really is.
As we discuss here in the forum everyday, the main reason for BTC not to be taken seriously as digital money like it was invented are:
- its fee cost for lower transaction
- delay and time of the transaction to be approved
- its price that change constantly up
- it's not designed to accept so many transactions
What do you think ?
Do you hold like you holding the gol a decade ago ?
I also think that soon other faster, cheaper and more promising crypto-currencies can replace bitcoins due to their speed on transactions and low prices for commissions. Such crypto-currencies as Bitchares and others. But replacing bitcoin is not so easy. This is already an established currency in its place. |
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8
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Bitcoin / Bitcoin Discussion / Re: If bitcoin will be used in our daily transactions.
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on: December 07, 2017, 04:38:26 PM
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If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.
I also think in the near future crypto-currencies, blockchain technologies and bitcoins will be studied by schoolchildren and students in the lessons. Because these technologies very quickly begin to integrate into our lives. But for students and many students, this knowledge is still complex. |
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9
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Bitcoin / Bitcoin Discussion / Re: Bitcoin surpasses $19,000 on Coinbase!
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on: December 07, 2017, 04:37:30 PM
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UP TODAY ALONE 52.84% or $6,609.90 (at time of writing).
Is it only me, or is a nearly 55% daily increase seem to be a bit dangerous?
Of course, after such a strong growth there will be a long and no less severe drop in the price of the currency. This is the law of the market and for such events everyone should be prepared morally. |
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10
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Economy / Speculation / Re: Can Bitcoin Hit $15,000 before year end
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on: December 07, 2017, 03:03:20 PM
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Recently we witnessed another all time high in the price of BTC where value was above the $11,000 mark before a drop to around $9,200, Should we expect another ATH around $15,000 before the year runs out?
There are no predictors here and no one will tell you what will happen with bitcoin in an hour or a week. But it will definitely grow at least 2 times during the new year. |
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11
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Bitcoin / Bitcoin Discussion / Re: Russia says BTC will never be legalised - do you think we'll see a knock on?
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on: December 01, 2017, 08:28:16 PM
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Nikolai Nikiforov stated: "Bitcoin is a foreign project for using blockchain technology, the Russian law will never consider bitcoin as a legal entity in the jurisdiction of the Russian Federation."
The article goes on to say: "However, Nikiforov added that it is "quite possible" that Russia could consider using blockchain technology, as well as various digital tokens. However, he did not provide any context in which the technology might be utilized."Do you think we'll see other countries going down this route? Source: https://www.coindesk.com/russia-will-never-consider-bitcoin-legalization-says-minister/Russia has always been a backward country. And now they do not understand and do not see this chance to raise the level of development of their country. It is very unfortunate that Russians do not learn anything. |
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13
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Bitcoin / Bitcoin Discussion / Re: Bitcoin saving.
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on: December 01, 2017, 08:24:32 PM
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How about only earning Bitcoin and not using them?
I think the price of Bitcoin will gain much more value.
So if we keep it as our asset we will be much rich in the future...hehe...whats your opinion about this?
Yes, I agree with you 100%. I, too, prefer to keep my assets and gradually increase them through free investment. This is the right decision. |
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14
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Economy / Speculation / Re: 30K Bitcoin says Bitcoin Algorithm Author
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on: December 01, 2017, 08:23:00 PM
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Interesting article about the guy that 3 years ago said $10,000 BTC would occur when the wallets at blockchain reached a certain level. He was 100% right. Now they're calling him the Prophet of Bitcoin. https://1bitcoins.net/prophet-of-bitcoin-says-30k-btc-soon/You can see old threads in Reddit where he put the numbers out there years ago. 7Million Wallets he predicted 5K btc 70Million Wallets he predicted 50K btc 700Million Wallets he predicted 500K btc We got 19M blockchain wallets now so he was dead on and maybe not a prophet but he sure nailed the value algorithm 3 years ago. So his algorithm says 15K is the LOW for 21Million blockchain wallets and 30K is the high. So to the moon Alice, I sure love my wallet. Best part of story, he is already known as THE PROPHET in music where he amassed over 30 million plays on SoundCloud and a few hit. I liked his song I am the Backdoor Man so that's why I picked this handle. I saw the article on a news site I've been reading for years, so he is the only guy that said 5K btc and 7Million wallets on blockchain and then 5K for every jump based on wallets until 50K btc. You did not think that this article, like many others, is just a positive news background. When bitcoin starts to fall, articles are published that bitcoin is a bubble and much more. All the news is repeated every cycle and every year. |
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15
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Bitcoin / Bitcoin Discussion / Re: Telegram users beware!
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on: December 01, 2017, 07:40:31 PM
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Friends,
We all witnessed the horrific rally of bitcoin that made it do over 11 times in a period of less than a year, but few people on the telegram are spreading hoax as well as doing "false" cross promotions by creating misconceptions among users that bitcoin went to 8000 and will go down more. They are doing all this through their channels and this is one worst thing that could destroy the image of bitcoins in new investors' views as they don't know much about it and will probably not check out the real picture. I don't know why such channels are not banned on Telegram but I will try my best to report each and every group that does their cross promotion with such bullshit content.
I do not think that you should react so sharply to what is advertised and written in the channels. This is the market and it works that way. This does not change, always the news background was bought and will be bought. |
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16
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Economy / Speculation / Re: Bitcoin will fall down on december
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on: December 01, 2017, 06:35:51 PM
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Bitcoin is rising too fast. It is not normal. How do you think?
I predict Bitcoin will fall at 7k on December
What are you, Vanga? How can you predict something. A logical explanation for the fall of bitcoins is the New Year holidays. |
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17
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Bitcoin / Bitcoin Discussion / Re: Bitcoin rate will increase to $1,000,000 in three years - McAfee
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on: December 01, 2017, 06:34:11 PM
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The bitcoin rate will increase to $1,000,000 in three years, as its price hit another all-time high at $11,000. The computer programmer and notorious businessman John McAfee has doubled his forecast for the bitcoin price, claiming it could jump to $1,000,000 by 2020.
If wrong, McAfee still is decisive to “eat his dick.”. Earlier, McAfee wrote in his twitter that bitcoin would rise to $500,000 by 2020, adding that he will eat his penis otherwise.
This phrase of McAfee has since become proverbial, with many users in social media reminding to McAfee his promise whenever he makes any publication on bitcoin. Though sounding too optimistic, McAfee's prediction met support from the bitcoin community.
According to Altucher, the bitcoin price is pushed up by the fact that the issuance of bitcoins is limited by 21,000,000 coins, while the number of persons, willing to buy it, is growing. Currently, bitcoin is traded at around $10,000, down from the all-time high $11,300.
Uniquely, bitcoin will still grow several times in value and bring a lot of money to its holders. This is evidenced by technologies that lead to prospects and growth in price. But in fact it is not very hard to believe that bitcoin will be so expensive and what's the point. Can money be depreciated in this case? |
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18
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin or Ethereum
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on: December 01, 2017, 06:24:58 PM
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I want to buy some coins.Now the Btc price is around 10000$.best thing is buy btc or ethereum now
Each of these currencies will still grow several times in value and bring a lot of money to its holders. This is evidenced by technologies that lead to prospects and growth in price. |
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19
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Economy / Speculation / Re: Do Bitcoin will reach $15,000 before 2017 ends?
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on: December 01, 2017, 05:07:52 PM
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Last 3rd quarter of the year experts predicted Bitcoin will surpass $10,000 before the year ends but today before first day of December it has already reached the prediction.
Now, is it possible for Bitcoin to surpass another mile of $15,000 in just a single month?
What do you think?
Yes, I think bitcoin has all the chances to reach this amount in dollars. Given its growth rates in recent weeks. But more interesting is what will happen to bitcoin in 2018. |
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20
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Bitcoin / Bitcoin Discussion / Re: How I lost almost 300,000 USD in seconds
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on: December 01, 2017, 05:06:41 PM
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Bought 329 Segwit2x Futures on Bitfinex.
Sometime around the 6th.
Took a gamble yes I know, but after looking into it I believed Segwit2x would be the chain we all use as the real Bitcoin
News comes out that the fork is being called off, by the time i hear it about an hour later I check the futures price and it's trading at a whopping 90$ each
Moral of story :
Don't ever put almost half your portfolio in something risky like a forks futures
Ooh, I sincerely sympathize with you. But why did you contact these futures. I think there is absolutely no one to blame for your loss. You need to have your sober head on your shoulders, so that no such trouble occurs.  |
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