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This is a really important topic because people should understand that cryptocurrency is a really different market than other markets. One day, we can see crypto soaring higher than ever before, and the next day the crypto world can tank to a new low. Because we can’t predict this market, it’s hard to make sure that you are able to gain from cryptocurrency. One good rule of thumb I have when investing in this market is to invest only how much money you are willing to lose. Therefore, you accept the large risk that you are going to take for a large reward. And, if things don’t go your way, you still have money under your name and you can always try again after learning and having more money earned.
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In my opinion. will adversely affect market conditions and investors if the digital currency more and more and can not be controlled. this will lead to an increasing number of coins and confuse us as investors. because there will be a lot of fraud involving new coins. and will make the digital currency image worse.
It is certainly not healthy for cryptocurrencies to keep emerging in the market, but there is upside to having new cryptocurrencies. One of the biggest positives is having more competition for market space. For crypto to be popular and a widely spread use of currency, only a few cryptocurrencies can emerge, so there is a lot of competition for cryptocurrencies to be the most popular form of cryptocurrency used. For example, the gaming industry is extremely popular, and we can see an emergence of ICOs that are related to the gaming market. However, soon only one can be adopted for mass use, and that crease a lot of competition among different cryptocurrencies. |
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Having a bounty program is critical for the success of an ICO. ICO’s usually start from nothing and without any publicity. Having this program is a significant boost to help promote an ICO and to attract investors. There are so many outlets to promote an ICO, that the ICO will need to often hire another person to just manage social media 24/7. This is difficult for a lot of startups because they simply don’t have the money to hire a dedicated person, especially when they also need to be managing telegram groups as well. The bounty program accelerates promotion of a product tenfold, and helps to increase major investment from the program.
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Bitcoin has really helped me in so many ways. I was lucky enough to get into cryptocurrency early on so I was able to get a major profit from cryptocurrency. With this and a newfound knowledge of blockchain, I first helped to contribute to my immediate society, and later learn about blockchain engineering and why the future of currency is cryptocurrency. There are also so many opportunities to make money from cryptocurrency, with some of the biggest ones being bounty programs that ICOs currently have. While being able to promote many new and interesting cryptocurrencies, I am also able to make money and learn more about the cryptocurrency market every day.
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The bitcoin market is relatively new, so it makes sense why a lot of countries are hesitant to adopt cryptocurrency so quickly. The need for stability is needed for any cryptocurrency. Any currency, even the ones that countries currently use, need to be stable in order to be used as a trusted place of exchange. Due to bitcoin rising and dropping in price constantly, there is no stability and countries fear that Bitcoin may not last for as long as they think it will. The best way to convince countries to start adopting cryptocurrency is through patience. Waiting for stability is the only safest option to show countries the future of currencies, and why they should start to adopt cryptocurrency.
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Honestly, a lot of people are complaining about Bitcoin because they bought in at a very high value when Bitcoin was hyped up among the world, and the value has constantly been declining since. Because of this huge loss of money, we can probably see where a lot of “whining” comes from. This is inherited in the concept of bitcoin just being a big ponzi, a get rich quick scheme, where a lot of people thought that the high rise of cryptocurrency will lead people to get rich as soon as possible, but after a while, when the price started declining, a lot of people started to panic and leave the cryptocurrency market. The crypto market is really similar to how the stock market works, but is a lot more volatile than we know.
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In December the price of Bitcoin was near $20,000. Today, the price hovers around $6,500. Which is the real value? Do you think the market is telling us the Truth? We must understand that the launch of the CME's Bitcoin futures contracts and subsequent rise and fall of Bitcoin was not a coincidence. The implementation of futures contracts on gold and silver have had similar effects. One needs to only wonder why was the launch of gold futures contracts was implemented at the same time the Gold Reserve Act was completely repealed. Americans were allowed to own gold again on January 1, 1975. Comex gold futures launched in December of 1974. https://www.sunshineprofits.com/gold-silver/dictionary/comex-gold/*Also, a Wikileaks document shows direct intent to suppress the price of gold: https://wikileaks.org/plusd/cables/1974LONDON16154_b.htmlI would beg any who are interested or invested in cryptocurrency to please do more research on the topic of price manipulation - you should come to the realization that the price in fiat of these assets does not matter, simply because it is inaccurate. If you understand the banking system in the U.S. and understand that Gold, Silver and Bitcoin have true, intrinsic and persisting value you will understand the motive and that without question these assets are manipulated. What is the true price of Bitcoin? $20,000? $6,500? I do not know. What I do know is that it is worth more than the intrinsically worthless U.S. dollar we force ourselves to use on a daily basis, so I will be buying as much as I can while the price is this low. I believe the price of a Bitcoin is much higher than $20,000 - but we may be in for a long while of manipulation before we see it again. The best we can do is to buy as much as we can to make it as difficult as possible for the price to be suppressed. Once they lose control.....to quote all the Redditors and memes - "Then Moon." You can't really put a true value on bitcoin just because of its nature as a decentralized currency. There's no one entity saying that one coin is worth this much amount of US dollars or whatever other currency there is. That's partly why bitcoin is so appealing to so many people -- they get to bring their own opinion about what they think the price is to their investments as well and see whether they were right or wrong. Bitcoin depends on so many different factors like the news surrounding it, the exchanges that foster it, and the services that support it. It's too mutli dimensional to put a single price on it. |
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I think regulation mean that cryptocurrency is legal in that country. So it is GOOD.
Having something be legal in a country does not instantly mean it's a good thing. The legality of bitcoin could be a double edged sword depending on what kind of activity we're talking about. Government regulation could be pushed to very high limits, causing a sudden drop in interest of bitcoin. Think about secret service organizations that some governments use. Remember the KGB? It was legal, yet pushed to the extent that all of a sudden there was a strong centralized government in Russia. We don't want something similar in terms of centralization with bitcoin. |
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I might be misunderstanding the question, but the answer is no.
Transactions you make on exchanges are made "off-chain". The balances in your exchange wallets are updated from the exchange's database without bitcoin (or altcoin) being moved or transferred. This means that there is no bitcoin address associated with each transaction. It is only when you deposit or withdraw coins that you will use an address.
I think this is a good answer for OP to follow. The transactions on exchanges will probably only be view-able through the exchange itself. You can't really trace back the transactions if it's not on the blockchain. However, for deposits and withdrawals, one can see where the transaction comes from / goes to which ends up giving you the exchange address. However, usually, exchanges end up using some type of mixer or something that gives them more anonymity just to protect their customers and whatnot. |
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I know there was some company experimenting with paper notes to help people who have not internet use BTC.
that's silly! and wrong! you wouldn't be using bitcoin if you use these "paper notes". you would be using some piece of paper that has value only as much as the person printing them. it may not even be legal to do something like that and if the government starts looking into them and closes their shop, those "paper notes" value can drop to zero. Agreed. Bitcoin is meant to push people towards tech usage and it gains its value through the technology it's used on too. Putting it on paper notes offers some kind of centralization (who's making those notes?) as well as removes the technological aspect of Bitcoin itself. The whole point of a new currency is to be new and unique. Pushing it to be just like every other currency goes against any change that might come from it, so there's no reason to go ahead with that plan. |
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This has been my concern here in my own country Nigeria. No auto dealers or automakers has ever accepted any crypto particularly BTC for purchase payments
An overarching theme I've seen that definitely relates to your situation has a lot to do with third world countries adding crypto acceptance to all kinds of situations. It's pretty tough when people don't really have access to a lot of technology in those countries because all of a sudden cryto's reach is definitely shortened. Auto dealers in a few first world countries do accept crypto and people who sell their cars independently definitely do accept whatever form of currency they want. Maybe it's just a time aspect. |
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I do not agree with his opinion.
I give an analysis that bitcoin will drop to $ 5000 as market views will now tend to still deliver a significant drop
While I don't agree with the bold prediction of 25k by the end of this year, I think the drop to 5k isn't too steep of a prediction. I think it's very possible that bitcoin will drop, but I think it'll actually reach somewhere closer to 10k by the end of this year as we might see start ups and current companies adopt the currency after seeing it stick to the same price for a while. A major concern about Bitcoin was that it'll drop at any point; however, a strong amount of time where bitcoin holds its current price could be beneficial in terms of those on the fence about its uses. |
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I've heard and read many analysts actually optimistic about this last big dive in the market flow, they believe it's a signal for a big bull in the next semester. But I find hard to believe as I'm not seeing why exactly they see that, what you guys think?  A bull market can follow a bear market or just some stagnant times and the vice versa applies as well. There's no reason to believe something's due in the future just based on what the past was. The market depends on what the people investing in it believe. I think there's a good amount of evidence that the market may go up after this short period of time (and part of me says this because I did happen to glance over this article earlier this morning: https://www.forbes.com/sites/billybambrough/2018/07/09/new-paper-reveals-massive-bitcoin-backing/#38e375515ead), but that does not define the trend at all, and there's not much more info I've been seeing recently. |
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Investors continue to invest in crypto-currency start-ups, participating in the primary placement of tokens (ICO), despite the growing regulatory pressure.
Over the period from January to May 2018, ICO raised a total of $ 11.8 billion, which is twice as high as the same period a year earlier ($ 5.5 billion), according to the Wall Street Journal, based on the data from the ICOBench.com platform about 900 transactions.
The ICO market continues to grow, despite tightening regulation, including from the SEC, as well as regular reports of fraudulent transactions and a general fall in the prices of crypto-currencies.
These problems discourage some retail investors, but large investors focused on the technology sector continue to pour money into the ICO in the hope that this market will eventually go uphill.
Among the largest ICO this year is the placement of the Telegram Group tokens, the developer of the messenger of the same name, with a volume of $ 1.7 billion, as well as the startup block.one, a platform for implementing block-based business solutions, with a volume of $ 4 billion.
However, even without these two ICOs, the total volume of token placement in the first half of 2018 is higher than for the entire 2017 year. According to the WSJ, 490 startups successfully conducted ICO in January-May 2017, the average amount of funds raised was $ 24 million.
According to a study by the international consulting and auditing company PwC and the Crypto Valley association, 537 ICO projects were held from January to June 2018, totaling $ 13.7 billion. During this period, Telegram ($ 1.7 billion) and EOS ( $ 4.1 billion).
Last year, 552 teams came on the ICO, which received $ 7 billion. If you subtract the two highest-grossing projects from the first five months of 2018, the amount of funds raised during this period will be $ 8 billion.
Researchers noted that the primary location of the tokens is again rapidly gaining momentum with the help of hybrid campaigns that allow publicly to raise funds after the received financing. First they collect from $ 100 thousand to $ 1 million from venture investors, then open to the general public.
"After the excitement of 2017, the ICO sector has become more established and definite. Now more attention is paid to improving business and legal practices, investor relations and attracting financing, "said Daniel Dimers, head of PwC Strategy.
Since the beginning of the year, there have been more projects in the UK for the primary placement of tokens than in the United States. Approximately the same number of Swiss crypto-enthusiasts. A rating of ten countries is closed by Israel and Hong Kong.
The shark can't help but bite at the minnows when he's hungry right? All jokes aside, I think the investors that have been watching the markets as of recently are able to identify which projects and coins they think will survive. Sure, a lot of the market crashed, but for a large scale investor, that should more than anything be an opportunity to buy at a discount. Sharks will be watching the markets closely and investing in projects and coins as they decide whether or not they'll survive. |
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Bitcoin mining costs a lot of electricity , time and cost of machines. But the reward is getting less and less. In recent years the exploitation cost has increased significantly . If bitcoin prices continue to decline , this can prevent many people mine bitcoin
Many people cannot mine bitcoin anymore, you need specialized hardware that is very expensive and you need cheap electricity costs, so the majority of bitcoin users cannot mine bitcoin at all, besides miners have gotten such profits in the past that they should be able to operate for a loss for some time and if they are unable to do so then other miners will displaced them or just absorb them, this is not really a complex issue besides it is not like we are close to the point when miners will not be profitable anymore. I agree with this. The vast majority doesn't depend on mining to get bitcoin. Think of mining like the gold rush. There was a point in time where people who saw the opportunity could go and make some good amounts of money, but when others wanted to hop on the trend it was too late -- a lot of the gold was gone. In a similar sense, miners nowadays have to have huge rigs to cut a profit because of how much harder mining is getting. Before, just about anyone with a decent graphics card could mine. Nowadays, it's pretty different. Price exploitation is still an issue though, with many whales and such around. |
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Hello everyone, it comes to my mind that, it can be possible that bitcoin can create there own card like credit card?? So that other people that has a bitcoin can easily transact money or make a payment through that card??
I don't know if you understand bitcoin completely. Bitcoin is not a company that can create credit cards for themselves. Bitcoin is a currency, an asset, and a holding all in one. Bitcoin debit cards already exist and I believe that is what you're talking about. You can load them up with balance using your wallet and use that balance for transactions in stores that accept the type of card. For example: Bitpay offers a VISA debit card and since visa is almost always accepted, it's pretty much a surefire for anyone looking to get a bitcoin debit card. https://bitpay.com/card/ |
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To anyone looking at this post, it's pretty clear that this guy is making new accounts to vouch for himself. Please stay away from this service as it is likely a scam. There's no reason to fall for something like this -- especially when the original poster is trying so hard to make his products look reputable.
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Bitcoin is stable for months, what to do?.These are the questions roaming on every topic on this forum so im helping you decide whether you want to sell it or buy something. Well, im promoting buying so here's why.
You probably have some coins bought when the price is still high, and you want to sell it because you are afraid that it may go deeper and you lose more. These is called the panic sellers which triggers When the value of the coins they are trading or holding pump down. What will happen? You will claim that you defeated and surrender for what we say bear manipulation. You just gave your money to them, you get depressed and you eill post bad news about bitcoin so that a lot people would be discouraged to invest. It doesnt help yourself and doesnt help other people either.
But what if, instead of declaring you lose, you hold your coins until it goes back because we both know that this drop is just temporary and when the value get tired of being low, it will soar high again. Its a winwin situation for us financially and emotionally. Yes , it is depressing until it still low but we know we are not lose until we sell it. More money, lesser stress.
We should take this low value opportunity to buy rather ranting nonsense that wouldnt help. Have a strong heart people.
The simple counter argument that you fail to assess in this post is: What if the price continues to go down? Your argument for buying relies very heavily on the concept of buying and selling and offers little to no concrete evidence as to why someone should keep buying. Is there an event in the near future that could potentially raise the price? If so, that would increase the strength of your argument tenfold. As far as people are concerned when it comes to this issue, people think about the worst case, not the best case. The worst case being that everything goes to 0 at some point in the future. |
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what the Bitcoin experts say !! the BTC course at the football world championship will rise. If so, how many dollars? My guess is $9800 until the final.  Does this have to do with betting/gambling at all? I don't 100% see how the world cup would have much to do with the bitcoin price, much less people's involvement in bitcoin besides this. Even if people do bet and all that jazz, it's not really going to affect the bitcoin price. If anything, I'd suspect the bitcoin price would rise before bets get placed because people are buying bitcoin to bet with, but even that's too far of a stretch. I highly doubt that the price will rise because of the world cup. Maybe due to other reasons, but not solely the world cup. |
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With Eid just around the corner across the globe...
Are mulims in crypto space selling and taking their money out from crypto space to buy gifts for their loved ones causing market down?
I highly doubt this is a thing. People wouldn't take their money out of stocks and real estate just to buy gifts would they? If someone needs money that badly for gifting to other people, they: 1) Wouldn't have the money to invest meaningfully anyway 2) Probably wouldn't know about crypto and bitcoin in general 3) Would be making a big mistake since there will likely be fees associated with moving money out of an investment. It doesn't make sense for anyone (not just Muslim people) to take money out from these sources just for gifting purposes. |
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