If you sell now your bitcoin then apparently bitcoin market price will drop. If it drop then maybe i could invest more for a low price. This is always what i wanted for but for sure many of the people here will hold their bitcoins instead. If you will sell your holdings then i will highly appreciate it so that i could buy crypto for low price. And if you do then do not forget to post in this thread and i will respond to you privately thanking you for the cooperation. LOL
Similarly, people have been saying that others should buy now because bitcoin is at a "discounted" price. There's really no right answer here, no one knows what the price will be in the future. People are moved too easily. If you're telling others to sell, they might actually do it just because they'll take your opinion as truth. I suggest that everyone else makes sure that they do their own research before making a decision. Just like any other investment, inform yourselves about the current status of the market and where the price might go in the near/far future. |
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People's mind change very easily.
In the late 2017 many people were believed that price will rise 1 million dollar. And now everything has changed. These people are always the losers and Whales love them.
Nothing has changed. There have some been bigger corrections in the past.
I can't emphasize this enough. Bitcoin is a sheer psychological game. The value is what you believe it to be, and even if the trends go in one direction or the other, if you change your beliefs to reflect those changes, you'll end up pretty disappointed with the price. I think everyone is bound to have their justifications about why the price might go up or down, but it's ultimately up to you to weigh those justifications. As an example, for me, charts don't mean anything because I don't believe you can predict the future based on past trends (correlation != causation). It's the emphasis of other people's opinions that bring people to buy or sell, moving the price. |
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Lately, as the development of the world's cryptocurrency, many people in certain countries after hearing the news that cryptocurrency is very attractive to be used as a tool of transactions and investments, making people who hear the news want to quickly switch to the currency crryptocurrency is when in their country eyes the money is still considered and illegal. The question is, why are those people more interested in cryptocurrency when their country already has official Flat currency and why also the government forbids the cryptocurrency? In my opinion, it would be great if the two currencies are combined only. Of course the result will be very good. Well, what do you think?
I think it's possible that they go hand in hand. There's no major issue for the government besides potential taxes being lost due to crypto, but they can still ask their people to pay taxes on cryptos based on an honor system. Probably won't work well, but it's an option. Besides that, I see that governments being nervous about the anonymity aspect. If you don't know why your money is being used and where it's being transacted/created, then there's an issue with potential uses for the wrong means. Terrorist organizations could hide behind the anonymity to get away with what they do, and that could be an issue. I think most of the issues come based on the government itself. |
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Congrats player514, Thanks for the Raffle bill gator. Thanks for being a good sport spazzer! Also thanks for the raffle bill gator, I've messaged you for more info! |
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Binance is raising :After quadrupling its number of users since the beginning of the year, the second largest exchange platform of Cryptos announces the arrival of exchange pairs in euros this year.
Binance has therefore unsheathed a weight argument with the addition of the euro as currency of exchange, from 2018.
Even if the addition of the European currency is going to attract investors who want to use their euros directly, this might scare some others. Also the introduction by binance of trading via fiduciary currencies will subject the company to a series of regulations that could discourage those who, among its current users, prefer to trade anonymously. More info : https://www.ccn.com/binance-has-quadrupled-its-user-base-since-january-will-launch-eur-pairs/Not sure if I'm missing something here but why would the addition of Euros scare anyone? It's a choice of the user whether or not they want to trade using euros, so I don't think those who don't want to have any issue with it. I see this change only having a positive impact for Binance, likely raising their daily trading volume from the slouch that has been evident recently. I think this change might actually push the price of BNB up especially considering how much more you can trade for with it if euros come into play. |
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I have a 980TI 6GB up for raffle. I figure a raffle would be a good way to get people interested. You have a solid chance at scoring a pretty high-end GPU for extremely cheap. The card can be seen here : https://www.newegg.com/Product/Product.aspx?Item=N82E16814127889
Available Tickets:
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PPT : .003125 BTCShipping is included with the price of your ticket if you are within the USA. If you are outside of USA you'll have to sort shipping through a re-shipper such as Minerjones, please contact them beforehand if this is your circumstance. Payment Address will be added when slots are full, or close to filling up and I will contact all participants via PM and post an update to the thread. Choose a Slot, or multiple slots and then once slots are filled up I will provide a payment address; after payments have been made I will select a future block and we will roll for a winner.
The card is currently mining gently (75% TDP), earning about .0002/day - .0003/day at NiceHash on average lately. That means one ticket would take about 2-weeks to ROI, so this is a really good opportunity for someone to get skin in the game without much investment. I borrowed bits and pieces of the raffle format from other users around the forum, hope that isn't in bad taste. Let's get started!Just wondering, what will happen if there aren't enough people who bite on the raffle? From my perspective, $30 is a decent amount to put down for a chance to win. Nothing's guaranteed, and the odds are against the buyer. If someone buys a certain amount of tickets can they just immediately buy the gpu off of you? I'm really interested in the card, I just don't know how much I want to get into this raffle because it's just a chance to win or (most likely) lose in the end. |
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Hey dudes hope you are well. I sell a lot of things on Craigslist. I am now planning on putting a couple things up and saying I accept btc or eth along with the greenback. Wondering if you guys have tried this. I
Post what you have in the goods section. You'll get a lot of people interested in things, especially the crypto enthusiasts! They usually frequent these forums and occasionally buy things using Bitcoin. Be sure to follow the marketplace rules when you post. The mods might take your post down if you don't. |
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According to the k-line of 2011-2017, the major bull markets are basically those that rise after a super rally and then go back a year to two years later.
When should the chance of tuen mun be this time?
Feel like there's a half-year down period?
While history will not simply repeat itself, shouldn't the bull market come so soon?
The ICO bubble is pretty bad.
I think Bitcoin's going to be adopted by some decent payment companies. If not bitcoin, at least some blockchain based currency and likely in the near future (within 5 years). When this happens, there will likely be a pretty big boom in value. Values will rise, and there will probably be another correction that will also be pretty strong soon after. Essentially, right when a major company announces that they'll be adding bitcoin/blockchain currency support, they're telling the public that there's going to be a rise and then a fall. |
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I need to introduce a small group of people to Bitcoin in under 30 minutes. What good videos, presentations, etc. are out there currently?
Austin Evans is a great source for people who are just starting to wade in the waters of just about anything tech related. Here's one of his videos on bitcoin. For someone who doesn't know anything about what cryptocurrency really is, this is a great place to start. https://www.youtube.com/watch?v=2X9eJF1nLiYHe also has a video outlining cryptomining that was a decent watch. He goes into how it works, the benefits, and the consequences of it, so it's genuinely a pretty good source when it comes to considering all parts of the story. https://www.youtube.com/watch?v=U9JIanRXsfU |
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With Ethereum most likely moving over to POS and the fact that POS
Is less energy reliant does it mean that going forward bitcoins POW
and high energy consumption will be a factor and a concern in the
efficiency to mine coins?
I think energy consumption is a factor that has blown up recently because people never kept it in mind. The energy consumption of mining bitcoin might go up, but it won't surpass larger issues that the world has to deal with. For example, think about the huge number of cars being driven every day. That uses a lot of power too and outputs negative chemicals into Earth. With that in mind, the energy consumption of mining bitcoin is definitely high, but doesn't really have many negative consequences. Heat is the only major one. Furthermore, as the push for a greener Earth continues, there will likely better ways to harvest solar energy as well as other forms of energy. We may not depend on fossil fuels anymore soon. |
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A question crossed my mind,how professional traders learn trading?
Is there any kind of education to this?If no,is there a specific wiki to learn trading online (like openclassroom for programming for example)
Thanks
Just go to any school and major in Economics. If you're able to take some classes at a community college, go for it. You'll probably be able to learn a bit about what you're investing in and how to invest better based on how the markets move. There are numerous different types of Economics, so make sure you go into the right field. You'll likely be able to find online courses on particular topics on youtube or even some sites like udemy and pluralsight. For example, on just a simple search I've found this interesting course that has a 4.0 rating on Udemy. https://www.udemy.com/cryptocurrency/Just take a look around; there should be enough free material online to go through! |
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Hello, I have been hearing many rumors going around saying the rich are manipulating the market? does this statement uphold its value?
I'm sure that almost everyone knows that a strong manipulation in the market has some relation to the whales invested in Bitcoin. Overall, Bitcoin operates pretty much in cycles. The price will go up due to the rich sparking a change of events from a drop/still zone, so more people start investing as they see the markets on the sudden rise, believing that the rise could last for a while. When the whales are content with what they've profited with, they'll just dip out of the markets, causing a crash due to the large sell order freaking people out. This cycle just seemingly continues, and sometimes the rise is stronger than the fall, and vice versa. I definitely think the rich manipulate the price, but that's a part of Bitcoin as well. |
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I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
You could (and probably should) put it into some form of a safer investment. There are a lot of stock options out on the market that allow for pretty continual growth albeit very slow. This would be better than just leaving your money in a risky investment or just letting it sit under a mattress somewhere because at least you collect some interest. As you keep making money, you'll end up with more in that emergency fund until it becomes something that you can actually work with in a few years/decades. |
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I think we should not value Bitcoin by Money, but by faith. Just hold and let it change the world.
You have to value Bitcoin if you want to have faith in it though... No one will want to support something that has no value to it right? The reason people support US currency for example is because the government offers it value. Otherwise, cash is simply just another piece of paper. It has value because everyone in the US gives it value. Similarly, Bitcoin has value through its supporters. With that value comes more supporters and faith. I don't think you can say that you don't want to value Bitcoin at all because that just ends up being a pretty ludicrous idea for a lot of people who are currently supporting it. |
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How it would be when we have a physical bitcoin currency note? Do they already exist? If created, will it impact the market growth and loose it's value in the market? Any thoughts?
We can say that the physical form of bitcoin already exists. The Singapore firm Tangem issued banknotes of 0.01 and 0.05 bitcoins. Apparently, this firm issued banknotes in the amount of bitcoins that they had. How to walk such coins, while it is difficult to say. However, this case is quite interesting. It's actually the same bitcoin, only in a banknote. I think this does not affect the cost of the bitcoin. In the future, other combinations of crypto currency and ordinary money, bonds, etc. will appear. I feel like op is talking about a much more widely used and accepted form of tender, like how there are US Dollars that are used by everyone in the United states. In particular, he's talking about how cryptocurrency can be used as the currency that spreads beyond just a single country if everyone across the world accepts it. It seems like a really far goal point as of now, but it could happen. Singapore making those banknotes is a step in the right direction, but I don't think it's easy to spend those notes right now. I highly doubt many places in Singapore would accept that as legal tender. |
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How it would be when we have a physical bitcoin currency note? Do they already exist? If created, will it impact the market growth and loose it's value in the market? Any thoughts?
I feel like that could make some forms of centralization pop up. If you have all these currency notes, who's making them? Someone's gotta manufacture and make those notes and coins. Also, I think the strong benefits of using bitcoin come from the fact that you have a lot of flexibility and precision in how much money you want to send to someone. If we make some kind of notes for BTC, you lose out on that pretty nice benefit. Genuinely, we as a society are likely going to be moving away from currencies that are physical and move towards the electronics based ones. They're just a lot more fitting when it comes to the future and potential uses for crypto. |
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If you take the energy that is being used (wasted) today by the highly inefficient banking system and compare it to the energy
consumed during the process of mining bitcoins, you will quickly find out that the energy spent in the mining process is not that large.
So I think articles like the one you've linked are misleading. Before blaming Bitcoin, the journalist should start by analyzing the current energy
costs in the highly bloated financial sector (which is something we accept as normal, but it is far from normal).
I agree with you on this one. To start off the article with: "Bitcoin's burgeoning electricity demands have attracted almost as much attention as the cryptocurrency's wildly fluctuating value" seems a little intimidating for someone who's just now reading about BTC. Burgeoning makes it seem like it's a big hassle (which it is, but it shouldn't have as much of a negative connotation since it's essentially free money). Furthermore, I really don't think the electricity costs gather nearly as much attention as the actual value of the coin. That's essentially the writer not knowing enough about Bitcoin if not a pure lie. |
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It's quite uncomfortable while facing on a computer for 4-6 hours to do scalping trade. Somebody did offer me to run a traderbot for easy and profitable trading. It will also run 24/7 and for sure it will take more profitable than watching manually study the charts and indicators. Did anybody here in this forum who's using bots for trading?
May I ask your brilliant idea please.
Thank you.
Don't use a trading bot. It'll really mess with your potential. Instead, look at coins that have a more stable price. There's many that don't shift around as much as the cryptocurrencies that you're looking at most likely. Furthermore, think about the case when everything drops. You might run into the issue of seeing/predicting that happening by seeing particular news stories first. You could take advantage of that by buying and selling right at a particular time. However, if you're using a Bot, you might end up missing those time frames. |
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The fact still remains that bitcoin has come to stay, firing a negative shot at bitcoin by Warren buffet and Bill Gate wouldn't have any impact on the price any longer bitcoin has surmounted many challenges and crossed many hurdles thus coming out stronger despite all the bans, regulations and clamped down on exchanges I believed the underlying technology behind its technology makes it second to none.
Eh, that's very debatable. I think anyone prominent coming out and saying a negative opinion about Bitcoin or any crypto for that matter ends up hitting the price a decent amount. That's just because people think: "Oh, this smart investor who's made so much money doesn't support my investment? I should pull out right now!" This ends up in just a flurry of people pulling their money out. Then there's more bad news about Bitcoin and a cycle continues until it's finally broken with a stroke of good luck or a good happening. I think there will always be some kind of impact that these high level investors have through their words. Who knows, maybe they're whales and we don't know it. |
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Is there a resource for looking at project overlap for cryptos? Maybe its just me but a great many of these cryptos seem to be just doing the same thing. I know there is really only going to be so many variations before they start to be the same, but I think it would help me from an investment standpoint to be able to say something like "Ok coin x has 90% of the same goals as coin y." In some cases its starting to seem like 100%.
If you could easily tell which projects were the same, then you could make better decisions on which ones you wanted to invest in. So maybe you guys know of a site that gives a comprehensive comparison of the various cryptos? Not necessarily in terms of investing, but rather sort of telling you what sets them apart, if anything. I've been doing a lot of research lately and I'm tellin ya, they're all starting to sound like clones of each other.
Not a whole lot of people talk about how similar a new project is to existing ones. Seems like all the youtubers and such are glad to talk about some newer coin, but they don't ever really say that its the same as this other one that is 2 years older. So it would be really cool if there was a site somewhere that said "Look, this coin is just like this coin" or "There is little difference between project x, and project y, as you can clearly see".
I agree, there's a lot of repetitiveness with these projects and sometimes it's really hard to differentiate them. I guess you just have to do the cold, hard research. Going through white papers and maybe looking at similarities and differences in those would help, but as far as I know there's no one place that compares all the similarities and differences between projects. The ANN threads on bitcointalk might give you a better viewpoint on projects. I guess there was one interesting thing here recently. There was someone promoting their search engine for finding coins and projects. It should be in my recent posts. If you can't find it, I can just pm it to you. |
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