no, bitcoin never PUMPs!
there will be a rise, probably with the same speed upwards like it has been so far in the past couple of days and then there may be other stuff on the way. depending on how those FUDs go, price can either break $5000 or stay at this level.
as for Chinese crap, the news is already priced in. there won't be any more drama regarding that.
Yes its still depends on how strong the FUDs hit the community. It may make or break the price of bitcoin, but for now? I dont think the community can easily be carried away by these fuds. Not like the old days, that we are easily be affected and carrird away with these fuds. If your said is right, the whales will keep bear trend in a long time, maybe few years still very normal with them because they do not care you can keep your coin or not, only want you give up to them and they will earn profits help you  tomorrow is the day speculated and btc were slowly moving upward and can be a good sign that's it increasing, pump may happen anytime by October since even another banning announced it seems btc were nit affected. |
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Yep! Or rather... that's why traditional financial markets are cluttered with regulations in the first place. It seems like the crypto-world always needs to learn the hard way why the traditional financial system works the way it does.
refactoring is always hard rebuilding classic "banking and co" system is f*cking almost impossible job most effective way to build financial system in XXI century natural for global economy and fast internet - is to build it from scratch that is what happening right now it's not a "death of banking system". It's a whole new world. Like mail vs email vs messengers. Just a development or an upgrade of the old one from an new developer who copy and adds new idea from other developers,that how it goes and we can which is better once were already doing research were to put our investments. |
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Worrying and stressing over poor trades and lost money will never get you anywhere. In crypto you need thick skin and balls of steel to deal with the turbulence. The sooner you can get over your fear of losing money, the more enjoyable crypto becomes.
Agree with you without steel balls and a mental resistance to all red percentage and news, there is nothing to do in crypto world, if you overcome them almost always you receive profit from all coins where you have invested in  That's how crypto exist. We gain one minute and lose the other seconds. We enter on a volatile market and its the price we should accept,learn the art of patience to gain success here in crypto. |
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the market is still conducive and tend to be stable. most likely will not have a major effect on the growth in bitcoin and other crypto. this is how people learn from the mistakes that happened yesterday. Now we know that it will only depends on how the fud will get spread and on the numbers of users from a country banned . And it seems that Korea were not have much vrypto whales to be affected. |
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Having knowledge about bitcoin is a good thing, but bitcoin is not a means of earning income and fixed income. Bitcoin is a method of technology and payment.
My advice is: You should also look for a permanent job because the current job is better nowadays as your side business when you are unemployed.
If you are in a first world country then you are right but if you are in a country like Venezuela your signature campaign earnings are a small fortune there, to be honest I’m surprised that we do not see people from Venezuela using their time here to earn many times over what they could earn in their jobs. May be they just don't know about such opportunity. Also I wouldn't say that participation in bounty works for everyone. First of all, person needs to know English, learn some information about upcoming ICO, create MEW, be ready to take risk and spend time for several $, etc Bounty campaigns needs an effort too,we can't guarantee earnings since we will only rely on the ICO project outcome, so as much as possible did our best so we can also earn when ICo succeed,be aure on choosing the legit ICo. |
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The real question is if bitcoin winds up over 100k, or 1m, would you convert to fiat? I got in rather late in the game but will be cashing out as time goes on to at least recoup my investment.
It's too good to happen so it's impossible at the moment as we can see many news that more ICO got ban and the newest news came from Korea. So if you have enough profit, you better to sell some of them since bitcoin still consider as risk investment so it's value will decrease unexpectedly Investment always has a certain level of risk, no type investment has not any risk when we invest into it. Even save our money in bank still have high risk if this bank is not the national bank and own by a business or company  Any amount that will involved on something we weren't sure whar the outcome maybe is a risk, when deciding where to put ot do research and plans so it will not be useless. |
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You first need to work out how much your expenditure is on everything else and then you can begin to budget. After you tally up all your outgoings and you have 20% of your income left you could split say 50/50 between investing in crypto and saving in a bank account.
Budgetting and proper management is advisable,spliting is not necessary, it depends on you how you can make it grow partially. I'm not putting any amounts not for saving in bank. It's enough i have some in it to spend if needed. |
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I heard that bitcoin is a good investment for making a huge profit in the future , is that right ? Because i want to buy some bitcoin in these days .
Yes Bitcoin is a good investment you can save part of your money that you are willing to invest as i had read bitcoin is going to have a higher value in the next ten years. So if you buy or invest today you will earn a great profit in the years you will keep it. its proven in btc past year how capable it is for long term investments,see its graph history and be amazes how your 1btc from before might be now of you have it even ust 2 yrs ago. |
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It's always the big guys, known as whales in the cryptospace, that manipulate the markets.To see such market fall as it was 2-3 weeks ago, two things must happen. First we get served some really bad news, then large holders start to dump their coins on exchanges.
Things in China were planned by large investors. They used the news to dump huge amounts of their coins and took huge profits. An they were not Chinese, dumping started to happen when Chinese investors were already in bed. It was probably American investors that started it. Then on 15 September the coins were cheap enough for them to reinvest, so they reinvested their profits. And I expect China will probably soon regulate exchanges and those that get certified will reopen. And the news will drive price of the whales' investment to the moon. That's how things work behind the scenes.
With news from Korea we only got bad news, but there are no big investors willing to dump their coins yet, because they haven't profited enough since 15 September. That's why bad news have no effect this time. It will probably take new all time high for BTC before they're content with the profits enough to deliberately crash the market again.
China planned the banning and might as well the reaaccepting of it once finalized and get ehat they wanted. I don't know yet why Korea came out on this idea, will read some article, but it seems no effect for now |
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I think that altcoins will develop and have a great future. Not all of it, but there are very interesting and useful projects, which will be actual in the future.
The only thing that stoping alts growth is the people idea that some alt qere worth dumping and since there's too many to choose from we can't decide which are better. |
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This would be a serious situation. What has caused this crash? War? If it was war I probably would be too distracted to think about bitcoin. Maybe the internet goes down and causes this problem.
In any case I would not sell. I would wait for it to recover. If everyone stopped being interested in bitcoin I guess that would make me the only person interested in bitcoin. It is a fascinating technology!
If we knew bitcoin graph history we should know that its increasing, it experienced some drops nut never too far from its peak, if it will srop that much, since I believe btc will be thw future currency, i will definitely keep it for eternity until it reaches top. |
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No sane person would ever use a cryptocurrency made by a bank.
This completely defeats the purpose of cryptocurrencies which aim to be trustless, decentralized and (to a certain degree) anonymous.
Therefore it's safe to say that a bank shitcoin won't 'kick-out' anything.
I also it is not possible although the banks have strongly discourages digital currencies all over the world, because if digital currency prevail in the world the role of the banks will reduce very much. If some one goes to bank the purpose is just money deposit, withdrawal or sending some other place. And when there is no need to go to banks for all the three above mentioned things then there is no need of banks. Once digital currency uses widelly it will be hard for them to win on it, having btc that applicable on doing such activities will be enough to used by many than to choose bank. But for now many will still choose banks since btc needs more development. |
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BTC transactions are slower than CC, cannot be charged back and not as widely used as CC.
CC transactions are much faster, can be charged back and almost everyone has a CC.
In terms of security, you can always recover CC funds that are stolen a thief, but if someone hacks into your BTC wallet and steals your BTC, then there's nothing that can be done to recover them.
Each option has its own set of positives and negatives.
Credit cards were prone to hackers also they will find a way to trace your card and buys in online shops, same thing goes in btc when not fully taking cared on especially when encoded in an fishing sites. |
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I would just like to hear your opinions, Which is more profitable, Day Trading where you can profit through buying the dips and selling when it pumps repeatedly, or Long term HODLing where you buy the dip and only sell it when it goes up 5 to 10 times its price value?
In my opinion it is better to trade (day trading ) because as we can see, it takes months or years before some coins gained some profitable value. That means you're going to waste a lot of time waiting for the alts to grow. Day trading is fun because if you are experienced enough and if you are going with the flow prices then in a week you have some good return and youre reapeting the process over and over again. But in my opinion in coins like ethereum and bitcoin it is better to choose long term holding, you just need some big funds. Of your good on watching coins value and have plenty of time for it, then day trade will be for you, holding is for those who are into long term investments. I prefer trading when i think o already won on that amount. |
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Since I'm still a Newbie, I just want to know what is the highest amount of Btc you earned? (especially for high rankers). And what are your techniques to become successful? I'm curious of how much can Bitcoin change one's life the highest income depends on how we take advantage of bitcoin and how we infest or buy coins. not many people are infecting or buying but selling only bitcoin It can change definitely once life, it can be visible when you start saving now and you can see it's result by next year, don't rush things and work for it, the more you earn and save now will reflect on your future. |
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Talk of taxes and bitcoin is still not found the exact intersection. Because bitcoin in some countries for example in my country the government does not specify a tax for bitcoin because bitcoin in my country has not been legalized by the government.
There's no way bitcoin will have a tax, transaction fees were already enough deduction for our btc transactions. Having tax needs a more studies on how will it be implemented and it will take time to do so. |
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Yes. Since we saw that only a few months ago almost half of the price was raised. And now we've also seen this with the drop of bitcoins at 3,000 $ and just a few days later it returns at 4,100 $ today. Ganon speed is up and it is not likely to cost $ 5,000 to get bitcoins especially during december many people are buying bitcoins. And in the upcoming 2nd Split where there will be a new Bitcoins live again. Did you see the result in August 1? Did you see the first split and how much does it change the price of bitcoins?
It's value is in $4000 again and if the hard fork will reault good like what it did before then it can really increase, btc might reach it at least before December knowing it almost reached $4900 before the Ico banning at China. |
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It is easy if you want to sell it sell it after the dip because the price will go high so much (btw JP Morgan is the bought the dip). That's his way, after making some FUD on it , grab the opportunity, whenever there are dips that will be a good buy since we cn really earn on it as time passed by,the longer we hold it the better. |
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