If Bitcoin is compared to Gold, then maybe Bitcoin could crash Gold if it becomes very valuable. Lets say $1500 or more. Just my opinion. Please correct me if I'm wrong
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Ethereum has interesting technology, though. It's a platform for decentralized applications. However, even though these alts provide innovation (such as Maidsafe, Ethereum and NXT) Bitcoin will still be the king of all cryptos. It is the first decentralized crypto currency ever made and the most important thing above all this is the Blockchain technology. Just my opinion
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with bitcoins i can earn 0.04 as im enrolled to the fixed rate campaign and i have to post 20 posts additionally i can earn from faucets like 0.005 and then try my luck on gambling
Not sure if this will be a feasible way of increasing your assets. You know, there are things that requires skill and luck to achieve positive results rather than relying on sheer luck alone. I don't believe on the Martingale method or some other stuff like that, certain algorithms do their jobs on those dice games and other gambling games (except poker and card games) and you cannot actually take advantage of it. I suggest you learn the basics of trading alt coins and see if you can make something out of it. It is equally risky, yes, but if executed perfectly, the risks will be minimized and the chances of you earning is big. I totally agree with dothebeats. Also, if you want to teach yourself into trading, you can always try to do so by browsing through this guide. It has helped me a lot. Link: http://blog.cex.io/trading-tips/beginners-guide-trading-13047
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When Bitcoin price goes above $1000 then I think I would quit my part time job and go full time on Bitcoin. I imagine the future as working from the comfort of my home and getting paid in BTC. It would be wonderful. By that time, Bitcoin would have become mainstream. But again, it's just my imagination.
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I don't think that the US will win the currency war, as the USD is slowly going down. However, I think that GBP (British Pound) might win (maybe?). As of now, they're more valuable than USD and EUR. (at the time of this writing).
In the end, Bitcoin might become the world's reserve currency, or maybe not. Just speculating, of course.
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What I do is buy alt coins that have a high trading volume. I choose alt coins that are worth 200 satoshi or less (like ArtByte, Mooncoin, etc). Then I buy lots of them (which are very cheap) and sell them at a high price.
Do you actually research the coins before putting money in or do you just dive in? It's pretty much the same as gambling in my opinion but the chances of success are higher and all is not necessarily lost if they go down the toilet. Yes. I done a lot of researching before investing in such coins. However, coins such as ArtByte and Mooncoin (like I mentioned) are pretty much gambling to me because their trading volume is not that high. (especially ArtByte) Anyways, I just stick with the ones mentioned earlier and so far, it's been working for me. Please have in mind that as with any investment, only invest what you can afford to lose. I could say that I've also lost some profit along the way.
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Bitcoin has helped my life a lot. When I bought my first Bitcoin, (Feb 2, 2015) it was worth $225 and now price has increased to $284 which helped me gain some profit. Still, my life has been somewhat ruined because of those greedy scammers in cloud mining world. I've lost a big amount of Bitcoins because of that, but at least I've learned a valuable lesson. After that, I've decided to hold Bitcoins and trade alt coins. Since then, I've been earning good profit, not to mention my earnings from signature campaign as well.
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I can make an average of $5 to $7 a week by trading cryptos and earnings from signature campaign. Although, sometimes I'm unlucky when it comes to trading. Still learning the ways to becoming a successful trader Not bad . Are you trading different coins? Or you concentrate on a certain numbers of coins only? May I know what coins you trade mostly? What I do is buy alt coins that have a high trading volume. I choose alt coins that are worth 200 satoshi or less (like ArtByte, Mooncoin, etc). Then I buy lots of them (which are very cheap) and sell them at a high price. For example, I've recently bought 10000 NXT at $0.01 each and then sold them at $0.013 and gained $30 profit. Do the math: 10000 NXT at current price of $0.01 = $100 worth of NXT Then sold 10000 NXT for $0.013 each = $130 which means $30 profit Anyways, here's the list of coins that I'm actively trading: NXT (mostly traded by me) ArtByte Mooncoin (mostly traded by me) Monero Ethercoin (mostly traded by me) What I'm doing is called arbitrage trading. Correct me if I'm wrong. Thanks for your reply
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I think it is better to invest in Bitcoin and hopefully wait until price increases. It is the better way to make money. Just my opinion
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I have to admit that I'm somewhat greedy. That means that I save more money than what I spend.
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I can make an average of $5 to $7 a week by trading cryptos and earnings from signature campaign. Although, sometimes I'm unlucky when it comes to trading. Still learning the ways to becoming a successful trader
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They look sexy...love those designs. Great job!
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Bitshares features are outstanding. I like how BitAssets work. They're pegged to the value of fiat currencies such as USD and CNY. Recently, I bought 30 Bitshares (BTS) but I'm planning to buy more. They're really cheap now.
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Some say that I2P is more anonymous than Tor. But I don't know if it's true. Isn't there any difference between I2P and Tor because they look alike. Or maybe I'm missing something
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Here is the software. What, you thought money laundering was going to be legal with bitcoin? https://www.elliptic.co/bigbang-v1.htmlAnd it's not the NSA, it is the FBI and IRS that will use this. Along with dozens of other governments around the world. Funny how keeping your transaction anonymity is basically the same process as "laundering". Semantics aside, i believe doing anonymous transactions, if not with ill obtained gains, is completely legal?
So how is the NSA going to detect how much bitcoins Joe has, or what he is receiving or spending? How are they going to monitor "his" Bitcoin traffic, considering that the P2P traffic he sends and receives is effectively the whole current Bitcoin P2P state, with anyone and everyone's data mixed together.
I read somewhere that when a transaction is broadcasted to the network then the first node to process that transaction is very likely the sender himself. Also read that peers can see your IP when the transaction is sent to the network but only from peers that you are connected to.If peers have ability to attach an IP to a transaction wouldn't for example NSA peers be able to log IP of every transactions that go through them, can peers chose which transaction they want to broadcast or is this random? When i use my client it usually says i am connected to a certain numbers of peers, what does these peers know about me? Sorry if my questions seems confusing, i am not very tech sawy but if you could explain how it all works i'd appreciate. Hmm well, yes it is possible for your IP to be logged. Nothing prevent you from hiding it, however, i believe. IP browsing security is a hot trend lately so that's not particularly a new thing to keep in mind. Definitively worth a go if you .torrent If you are using torrents your IP get loged even trough Tor. No hiding is possible. What about using Tor and VPN at the same time. Maybe that will provide greater anonymity. I use Tor and Hotspot Shield at the same time. I think Hotspot Shield is the best. If you buy BTC throught a exchange using fiat there's no amount of anonymity you can take, it's pointless, when you enter your data they'll know how much BTC in total have you ever bought, then they could ask where all that bought BTC went tho. If you refuse to talk they'll probably pay a new law that says you'll go to jail if you don't tell where the BTC are, they'll not even need to do actual research because they know you have x BTC bought from there. Well, what about a decentralized exchange such as Coinffeine? Is it anonymous to exchange Bitcoin to fiat using such services? By the way here's Coinffeine's description on their main page: Coinffeine is an open source, peer-to-peer (P2P) bitcoin exchange platform. With Coinffeine you are able to buy and sell bitcoins securely and anonymously without having to rely on a centralized exchange. It's like BitTorrent for your bitcoins!
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Here is the software. What, you thought money laundering was going to be legal with bitcoin? https://www.elliptic.co/bigbang-v1.htmlAnd it's not the NSA, it is the FBI and IRS that will use this. Along with dozens of other governments around the world. Funny how keeping your transaction anonymity is basically the same process as "laundering". Semantics aside, i believe doing anonymous transactions, if not with ill obtained gains, is completely legal?
So how is the NSA going to detect how much bitcoins Joe has, or what he is receiving or spending? How are they going to monitor "his" Bitcoin traffic, considering that the P2P traffic he sends and receives is effectively the whole current Bitcoin P2P state, with anyone and everyone's data mixed together.
I read somewhere that when a transaction is broadcasted to the network then the first node to process that transaction is very likely the sender himself. Also read that peers can see your IP when the transaction is sent to the network but only from peers that you are connected to.If peers have ability to attach an IP to a transaction wouldn't for example NSA peers be able to log IP of every transactions that go through them, can peers chose which transaction they want to broadcast or is this random? When i use my client it usually says i am connected to a certain numbers of peers, what does these peers know about me? Sorry if my questions seems confusing, i am not very tech sawy but if you could explain how it all works i'd appreciate. Hmm well, yes it is possible for your IP to be logged. Nothing prevent you from hiding it, however, i believe. IP browsing security is a hot trend lately so that's not particularly a new thing to keep in mind. Definitively worth a go if you .torrent If you are using torrents your IP get loged even trough Tor. No hiding is possible. What about using Tor and VPN at the same time. Maybe that will provide greater anonymity. I use Tor and Hotspot Shield at the same time. I think Hotspot Shield is the best.
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Anyone tried BitGold? I think it is a good investment. It's like if you had physical gold. Might be investing in this as soon as I get more money...
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Well, I don't know but I think Monero has a great level of anonymity (not to mention other coins such as BitcoinDark and Dash). Maybe the NSA can't trace your transactions with these coins?
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I might be getting a Samsung Galaxy Tab S2 for Christmas. I love the design...looks very premium.
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Forget Ripple...it is centralized. I think that Ripple Labs own most of the coins, not to mention that now they will require identity verification in order to access your account? Seriously? I thought that cryptos were supposed to be a system where you can make transactions without the need for ID, right? (correct me if I'm wrong) Anyways, I suggest that you use a truly decentralized (like most coins) and anonymous coin such as Monero (XMR) or other coins that use the Cryptonote algorithm. Hope this helps
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