Bitcoin Forum
April 30, 2024, 12:25:07 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 [64] 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 ... 286 »
1261  Economy / Trading Discussion / Re: What is your opinions about today's trading? on: August 20, 2018, 03:43:33 PM
you can try trading and you can make profit, but the possibility of you actually making profit depends on your trading skills and experience!
for example one of the methods that you could try to make money is to buy the coins that are dumping hard. for instance when some altcoin is dumped 30%, you buy it as soon as the dump stopped or you saw signs of it slowing down, then buy some of it and wait for the recovery. as it makes a "dead cat bounce" you dump it for profit. this way you can make from 5% to 20% profit but higher profit can be riskier.
1262  Economy / Speculation / Re: Technical Analysis Contest With Merit Rewards on: August 20, 2018, 02:41:50 PM
came for the new T&A thread

was disappointed

Thank you for your input, if you could elaborate more on why you're disapointed, it could be great for me, I could try to change something to the contest.
It's just the beginning of the contest, I'm sure more participants will come, they are all polishing their charting tools at the moment to generate the best TA forecast ;p

I don't think his disappointment is in you or the topic but rather in lack of participation in the topic Tongue and I don't think it is going to change since topics so far show that people aren't interested or maybe some of them not capable of TA for bitcoin.
I was expecting at least someone steal something from here and post in this topic  https://www.tradingview.com/ideas/search/bitcoin/ haha
1263  Economy / Speculation / Re: Bitcoin is 'capped' at 20k maximum now, because of high Fees (till when?) on: August 20, 2018, 02:16:47 PM
But adoption is slowly climbing. I believe Segwit adoption is already on 50%. Let the users decide, sooner or later they will know that there is nothing to be afraid of.

Fees though, will still go up. I believe Segwit is not enough for scaling on-chain.

based on block sizes that I see are common I don't think the SegWit adoption is at 50% otherwise block sizes should have been higher than what we see these days. although this is just my observation not stats.

as for scaling, nothing will ever be enough for on-chain scaling. we just have to  increase it as much as we can while having the least amount of downsides.
1264  Economy / Speculation / Re: Impact of the pending ETF in September? on: August 20, 2018, 12:15:43 PM
prices will shoot up prior to this deadline in anticipation of approval.

are people really anticipating approval? I don't think so to be honest. I believe majority of investors don't know what will happen and are undecided. maybe at first most were thinking it will be accepted but in time, specially after the postponing of the decision and rejection of one ETF, I think they are now unsure.

if what I said is right then there may not be any rise, or any considerable rise at least. for example we may see $7100 then come back down to $6000  then move on from there.

Quote
Additionally - what are the possible outcomes. can they postpone it again? Could it be flat out denied? What's the implication of these three outcomes? (*Yes, *no, *maybe / not now)
I am one of those undecided people but I am leaning towards rejection.
and I think the implications may not be that bad because people may be expecting it already! but we will see a drop. in any case if you want to buy in then waiting may be a better option if you want the best discount.
1265  Economy / Web Wallets / Re: Bitcoin Wallet Blockchain Says It’s Adding 50k Users Per Day on: August 20, 2018, 11:41:33 AM
if true, this is more of a bad news in my opinion. because at this point in time we are not having that much adoption to say this is just a small part of it, in fact I think this shows most of the adoption these days. now the bad part is the fact that it shows new people are using a "web wallet" as their bitcoin wallet and it proves that most of the newcomers do NOT understand bitcoin at all.

hopefully this can change over time and as they read more about what they have just bought and stop only thinking about the price and getting rich!
1266  Bitcoin / Bitcoin Discussion / Re: BTC currency unit is too complicated to accepted widely. on: August 20, 2018, 11:28:57 AM
nothing about bitcoin is complicated unless you want to make it complicated for yourself. the case of decimals and number of zeros is exactly like the case of saying they don't understand how bitcoin works.

nowadays people don't even want to understand how things work, they are only using them. it is the consumerism at its best and you can't do anything about it. for instance when buying something you don't care if it has no zeros or hundred zeros in front of it, you don't also care how bitcoin works you just point your phone at that picture which you may not even know is called a QR code and click confirm and make the payment. or if you are on PC then you just click on a link and the payment happens after you confirm it in your wallet.
1267  Bitcoin / Bitcoin Discussion / Re: I bought bitcoin at $20k last year on: August 20, 2018, 10:52:13 AM
you should not regret buying bitcoin at XXX price. what you should regret is still be naïve even after being involved with something for a long time! you should regret being lazy, being irrational and regret for not using your head.

why did you buy bitcoin?
the answer to this question is "because you thought you can become rich overnight and you were caught up in the hype instead of using your head". and this is why you have lost money not because you bought bitcoin at $20k (which is impossible by the way because it didn't even get there and the ATH wasn't something that lasted long enough for you to buy at anyways).
1268  Economy / Speculation / Re: Bitcoin price will touch $25k within next 1 year! on: August 20, 2018, 10:46:21 AM
Bitcoin price is now around 6k. Over the past few weeks, the price of bitcoin has crossed around 8k a few times and then has come down again around 6k. It is not coming down below 6k which is a very good sign. I think that when the market pumps again it would certainly be around 20k or 25k.

if we someday get a "pump" then price will go from $6k to $600k not to $20k-$25k that kind of small rise is what naturally happens not because of a "pump"! a "pump" is a manipulative increase of price which is unnatural and because of it, the rise will be big. for example you can see altcoins and how they get pumped every single day. their pumps are 100%-1000% within one day.

also another characteristic of a pump is the upcoming dump of it which means when it is pumped then it loses ALL that gained price because it was fake. in other words if bitcoin was a pump then it should have gone down to $1000 not stay above $6k!
1269  Economy / Trading Discussion / Re: Bitcoin at 4500$-5000$ August-September 2018 !!! on: August 18, 2018, 10:55:24 AM
When there was a very dark fog in the market, bitcoin fell to 5900$ and no deeper, there were enough hodlers to keep the price above that level, in anycase, we may not need the ETF approval as the market is already in recovery

holders have little to no effect on the price. and most certainly they are not keeping the price up. how can they when they are not even involved in the market?!!!

what kept the price up was all those others who have been buying bitcoin when price was going down. those who were actually involved in the market with fiat in hand to place buy orders and execute them to return the balance to the market as there were temporarily more sellers.

additionally we never needed ETF to do anything. ETF came and disturbed every speculation and as long as it is around and the fear of it is in the market things will remain the same.
1270  Economy / Trading Discussion / Re: whether news from the media can affect asset prices in the market on: August 18, 2018, 10:25:42 AM
it depends on the news and the timing of it. also it depends on the market itself too.
for example bitcoin market is a lot bigger than any altcoin market so the new effect on bitcoin is not the same as the effects on altcoins. a simple news can push an altcoin up or down a lot more than it can bitcoin's price.
also the reality of the news and the history of the effects of such news can make a difference. for example when an exchange is hacked there will be panic but also speculators expecting a price drop so the price WILL drop. or when a shitcoin is listed on a big exchange it creates hype but also speculators know in the past it has led to price rise so they buy it and price WILL rise.
1271  Bitcoin / Bitcoin Discussion / Re: With Bitcoin Sinking, Crypto Miners Just Dig Deeper on: August 18, 2018, 07:04:45 AM
it is funny how bullshit articles of Bloomberg are most of the times about bitcoin. and the funnier part is how people keep posting them on this forum thinking they are posting some valuable information. of course OP is just copy pasting obviously not caring what the content is!

in any case it is easy to see how bullshit this particular article is if you simply take a look at the hashrate charts and see how it has been rising all this time despite the price drop and all the nonsense they are posting about it. which shows that number of miners is actually growing, so it must be profitable for them to grow!

An increase in number of miners that will share a transaction fee will decrease their profit. Imagine if you have something as a whole and the number of dividends is increasing. Ofcourse, you will get a lower share per dividend and the same is true for bitcoin. However since the real issue here is the value of bitcoin in dollars, the value of share per dividend will also decrease leaving the miners on loss because they need to pay for electricity and internet just to mine bitcoin.

you missed the whole point, read my comment again. it is a matter of "IF".

IF miners were losing profit then more miners wouldn't have joined the party, in fact in case of a loss the hash rate should have gone down instead of up. the increase proves that it IS profitable and even when more miners come in and the profit each of them gain reduces, it still remains profitable.
1272  Bitcoin / Bitcoin Discussion / Re: Bitcoin Investors Eye Turkey As Lira Plummets 20% on: August 18, 2018, 05:26:30 AM
The government needs to do more to allow investors to freely put their money in crypto investment especially bitcoin. The prospects of bitcoin are so high in the near future for any country to deprive its citizens of the opportunities bitcoin presents.

Because of economic instability and turmoil people is looking for another avenue to park their money. They want a safer haven where they can control and bitcoin or cryptocurrency is a perfect avenue to start with. Transferring assets to digital currency is a boon to government, wherein they cant control nor regulate it. This is a a must watch scenario for turkey in my opinion.

when trying to escape economic instability you want to move to something that is more stable than your economy. the title says Lira plummets 20%, and 20% drop is not something to push you to bitcoin and definitely not altcoins. for instance 2 days ago in less than 24 hours altcoins dropped 20%-30%! who in their right minds would choose them? the same is true about bitcoin but in a less intense scenario. bitcoin can also drop but not as hard and speculation says $6k is the bottom but still it can drop 20% (~$60).

which is why I believe what you said is happening but not as much as you would think.
1273  Bitcoin / Bitcoin Discussion / Re: Bitcoin [BTC] now accepted for bail at Federal Court on: August 18, 2018, 05:17:21 AM

sources like this are not reliable sources. these websites publish anything without even paying attention to the content, and most of them times it is only for click bait purposes.

and this news seems more like a one case thing where bitcoin was used as bail although I don't know if it is even the truth or not, but it doesn't seem to be the law as a common thing to use bitcoin for bail. and since price of bitcoin is pretty volatile I don't think they really want to accept bitcoin. not to mention that bitcoin is not regulated.
1274  Bitcoin / Bitcoin Discussion / Re: Let's stop comparing Bitcoin to Ethereum or any other Cryptos on: August 18, 2018, 05:03:58 AM
you can never stop people from making such comparisons, they have been doing it for as long as I can remember. as it was pointed out, most of them are just spam advertising their bags but also there is another group of newbies who see bitcoin and see its rise from $0.01 to whatever the current price of that time is and think they have missed the chance of making a good investment so they seek out alternatives that are still at lower prices and think if they invest in those they can make the same profit when they go up to bitcoin price levels. but what they don't know is that those altcoins never go up to those levels because they can not do that.
this group ends up comparing their altcoin with bitcoin mostly to see if the price can catch up.
1275  Bitcoin / Bitcoin Discussion / Re: With Bitcoin Sinking, Crypto Miners Just Dig Deeper on: August 18, 2018, 04:57:12 AM
it is funny how bullshit articles of Bloomberg are most of the times about bitcoin. and the funnier part is how people keep posting them on this forum thinking they are posting some valuable information. of course OP is just copy pasting obviously not caring what the content is!

in any case it is easy to see how bullshit this particular article is if you simply take a look at the hashrate charts and see how it has been rising all this time despite the price drop and all the nonsense they are posting about it. which shows that number of miners is actually growing, so it must be profitable for them to grow!
1276  Bitcoin / Bitcoin Discussion / Re: The EFT and ETF thing is causing a lot of confusion. on: August 17, 2018, 08:27:35 AM
I don't think we can call it "general public". your own example only mentions one person so you can't make such conclusion and people who don't know the difference between ETF and EFT don't really pay them much attention in first place. and the newbies who follow the hype without understanding are just following the current like a leaf dropped in a river! they know what the FUD of that day is telling them to know.
1277  Bitcoin / Bitcoin Discussion / Re: INVEST AND DON'T HAVE REGRETS !! on: August 17, 2018, 08:22:27 AM
Here my best Cryptocurrency Portfolio :

this is not a real "portfolio". this is a psychological list that you made for yourself to make yourself believe that you have diversified your investment. but in reality you are reducing the amount of profit you could have made and increasing the risk you are taking by investing in these altcoins.

the quote you brought in the beginning does not mean you should invest in 10 useless altcoins just because you take the technology seriously!
1278  Alternate cryptocurrencies / Altcoin Discussion / Re: 97% bitcoin gold crash should feel like a bad omen to you on: August 17, 2018, 07:40:43 AM
that is what shitcoins do, you keep bag holding them and lose money as a result then come burst out here with your topics when you lose your money because of being a bag holder of some shitcoin. that is what happens to pump and dump altcoins. if you are so angry about this then stop buying them if you don't want to get dumped on.
1279  Economy / Speculation / Re: Market stabilizes. on: August 17, 2018, 07:34:40 AM
bitcoin market was stable before the altcoin dumps began too.

after the ETF drama started going down we saw the drop back to the bottom very close to $6000 but this time a higher level above $6500ish but then the altcoin dumps began and put a lot of pressure on bitcoin price but it can still be considered "stable" while atlcoins were bleeding badly.
1280  Other / Beginners & Help / Re: something that made me curious on: August 16, 2018, 01:08:17 PM
the price has to zero for A to lose his money which is not going to happen!

generally speaking the money doesn't go anywhere. you converted your money to something that lost value. if you have trouble understanding how it works then imagine something more common like a new car that you buy and then have an accident with and its price drops, or when you buy shares of some company at $10 a piece and that company doesn't perform well and the share price drops to $9, your investment doesn't go anywhere it just would have a little less value. or the same way, if the price of it goes to $11 you didn't create money from thin air, that item you held is now worth more.
so when you sell it to someone else on the market in first case you lose a little money and in second case you make a profit.
Pages: « 1 ... 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 [64] 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 ... 286 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!