|
usually when something like that happens the money goes into MULTIPLE other things. in the past years bitcoin started to be one of those things but it still is a small portion of the choices investors make. mostly because it is not regulated like those other assets.
in any case there will be some fresh money coming in but i wouldn't expect a big rise out of it specially with all the drama that is going on!
|
|
|
|
In other words, Dash is claiming to be able to safely scale to 300MB blocks but so far we have no prove of it. Is there a Dash testnet? Have there been any stresstests so far? there is no incentive and nobody cares so no! no one has ever bothered to do a spam attack (or the pretty word: stress test) dash or any other altcoin. it is just not worth it. the funny thing is some of them go down on their own under normal circumstances like what happend to ethereum. i can't even imagine what will happen when someone spams these coins. |
|
|
|
|
i may be wrong about this but in my experience all miners don't start signalling specially when they are smaller. this has many different reasons. some of them don't even know what to choose (not knowledgable) but mostly it is because they are small and are afraid of getting attacked from the opposite supporters. something like what happened to F2pool when they started signalling SegWit.
which is why i believe if a chain happens to gain a large support like 80% then it will gain 100% support as soon as things become serious.
so your scenarios will only be true if the percentages were much lower like 40% to 60%
|
|
|
|
How do you like my perfect timing on LTC yet again! That is twice that I said emphatically "buy now" right before the blast off in the price.
That shows you how much BTC on this forum is influenced by me. I have a wide following in our community, when measured by wealth.
I have been able to decipher the long-term recursive fractal pattern and have been predicting the moves precisely and piling up the BTC profits going long, then short, then long, etc.. Note I will not tell you the exact price levels, nor my secret method.
LTC will pullback a bit here, but it is going much higher. Feel safe to enter at 0.01035. And make sure you buy LTC before April 19 when BTC will begin its decline by -30% due to the Scalepocalyspe (and possibly some other event involved ing BitFUnix or such).
Note LTC will make a peak price some where far above 0.0106, then it will decline back to long-term support. Then over the next 2 years LTC will make a ATH (as priced in BTC) which is means higher than 0.04. So holding LTC after the pullback will mean quadrupling your BTC over the next 2+ years.
What happened to iamnotback? I actually agree with his analysis here. he alive? and which part of that comment are you agreeing with exactly? to be honest i wouldn't call this or most of what he wrote around here "analysis" and this is a clear example. he was trying so hard to use the bitfinex drama -by constant spamming about it- to short bitcoin and at the same time pump litecoin to make additional profit. and as history shows he failed! bitcoin, instead of falling from that time price of $1100 went up to $2900 and litecoin stayed where it was. |
|
|
|
|
we shouldn't even be talking about him, heck we shouldn't even be using his name with Satoshi Nakamoto in the same sentence! the scam he pulled doesn't get any more obvious that this and if anyone still has doubts then they don't understand how bitcoin works.
|
|
|
|
it may seem unrealistic or even impossible now and i also though this way but when you look back at the time when price was $1 for example, $1000 or $2000 seemed unrealistic and impossible too!
and the supply is really small compared to all the demand. and as we add SegWit and then add LN to be able to handle that kind of demand, that price becomes a lot more possible.
Well, in 2009, someone bought 5,000 bitcoins for $27. The worth of 5,000 bitcoin today is more than a staggering $12 million dollars. That was multiplied a thousandfold. So it is not impossible to happen after all, eh? If we look back at the history of bitcoin, which is relatively young, being less than a decade, everything seems unbelievable and impossible, too.  It is not impossible but the possibility is slim. Look at the figure, which one is easier to multiply 1 or 1000? This is why the higher the price of Bitcoin, the harder to get profit from it since it needs a huge fund to move the market higher. There are prediction that bitcoin will cost 1 million Dollar a piece but that is quite exaggeration in my opinion. you are forgetting about the scarcity! there simply aren't large enough amount of bitcoin to not reach that price. the final total number of coins will only be 21 million and there are billions of people on the planet. it is a very simple supply and demand relationship. if the demand continues rising the price will too. |
|
|
|
It's been there for as long as it's been everywhere else. The only difference is the far less silly tax treatment. Hopefully it'll hot things up as BTC seems to be quite the non event in Australia compared to elsewhere.
i read some comments that Australian government was talking about removing taxes on bitcoin once and forall. maybe that is the cause of this recent growth over there. 0 tax is always attracting! |
|
|
|
|
it may seem unrealistic or even impossible now and i also though this way but when you look back at the time when price was $1 for example, $1000 or $2000 seemed unrealistic and impossible too!
and the supply is really small compared to all the demand. and as we add SegWit and then add LN to be able to handle that kind of demand, that price becomes a lot more possible.
|
|
|
|
for next time I bought btc I safe paying it when only have 6 confirmacions? or is better to wait more for be 100% safe? Thanks for info. btw: part of the btc I bought already in bittrex !!  Thanks again. you are using third party services that are giving you an account (coinbase and bittrex) so you have to wait as long as they ask you to wait. it is not up to you. if bittrex asks for 3 confirmation then it is 3 if they ask for 6 then you have to wait that long. asme with coinbase. but if you stopped using coinbase and started using a bitcoin wallet that you control the keys to, then the safe number of confirmation is about 3 for small sized and 6+ for large transactions such as 100 BTC |
|
|
|
|
if that address belongs to your coinbase wallet then there is nothing wrong, the 1BTC deposit is already in your wallet/account. don't confuse the other transaction that is spending it. that is normal.
and if they are not letting you use that 1BTC in your account then there must be something wrong with your account. did you break any of their rules? or it is possible that your limit is low. 1BTC is more than 2K and usually limit for unverified accounts are $50 or something that low.
|
|
|
|
Markets frequently froth and bubble, but the boom in bitcoin, a digital currency, is extraordinary. Although its price is down from an all-time high of $2,420 on May 24th, it has more than doubled in just two months. Anyone clever or lucky enough to have bought $1,000 of bitcoins in July 2010, when the price stood at $0.05, would now have a stash worth $46m. Other cryptocurrencies have soared, too, giving them a collective market value of about $80bn.
Easy to say, but you need to have balls of steel not to sell at USD 10 when you bought in at 5 cents. When you hesitate, sell 20%, 30% or 50% of your coins. It's like having just 1 ball ... but of steel. for some people it is not hesitation, it is not balls either. it is called discipline! when you analyze something and come to believe that thing will be successful in a couple of years, like bitcoin and how it will be worth $XXX then you won't care about risking all the small rises to pathetic prices such as $10 or $3000. you just keep buying every time there is a dip and hold. and i think there isn't anybody who has never sold or at least spent bitcoin. i am sure everyone so far have either sold something or used bitcoin to buy something like that pizza story. |
|
|
|
|
whenever this kind of uncertainty starts the whales start dumping to short bitcoin and make a lot of profit. and then the panic selling starts. these two steps have already happened. we saw the price fall and whales made a lot of profit. and again a new bottom formed around $2300 and showed a good resistance.
if you are investing in bitcoin these are the things you should also keep in mind. in order to be able to find a good time to invest and a good time to take the profit.
hint: it is already too late for both of them. sell time was >2800 and buy time was <2300
|
|
|
|
If they dont keep a fair amount of all cryptos they accept in trading in coldstorage liquidity problmes will arise. Peple doesnt seem to learn. Everyone saw what happened with banks after the subprime. As crypto is no tregulated i dont expect them to behave diferently. When you have lots of mellions standing in fornt of you, its dificult not to be greedy.
Perhaps those Poloniex problems caused the btc price to decrease from 2600 USD to 2400 USD? What if a future Poloniex crush make the bitcoin price to go back to $ 1300? I was thinking about all cryptoccurency exchange plarforms to make a "cryptocurrency reserve system" like the federal reserve system and keep some bitcoins in a separate fund. when bitfinex (which is a real big bitcoin exchange not an altcoin exchange like polo) was hacked price only went down about 30%. so if poloniex gets hacked it will be the same as cryptsy and have so little effect on bitcoin. don't believe $1300 is ever possible again. it would be nearly a 50% drop! |
|
|
|
|
it is not likely.
the dips that has happened in the $2000-$3000 range so far have been many and all of them have proven that there is a very large buy support existing in the market. and last time that price went down from $2900 to $2100 it was clearly proven that it will jump back up again and it surely did.
this time i don't see any difference. price will go back up again after some consolidation.
although there are always going to be unpredictable events such as chain split that can change everything. but apart from that you should expect $2700 in about 2 weeks.
|
|
|
|
The news from Coin Telegraph is wrong. I have enquired about it, and my Indian friends have told me that the government is yet to make a decision on legalizing the Bitcoins. In general they were skeptical, given the hostile nature of the Reserve Bank of India towards the crypto-currencies.
Coin telegraph news will not post that kind of topic if they know that the news that they will place is not exact since it will affect their credibility if they will publish wrong information. But we must also not take some considerations on the possibility that your friends comment about the status of bitcoin in India. But anyway if they will accept it we can expect increase in bitcoins value but if they will not legalize it then we will wait for the adoption of Australia and the UASF segwit activation. In the end, even with or without Indias acceptance or legalizing of bitcoin, the value will still spike. You will have to double check before accepting news like this. Apart from Cointelegraph, no other media house has reported this. I think Cointelegraph jumped the gun here. I am already researching for some news about India and bitcoins. I been scouting other bitcoin news website to check if there are news related to that and has a different views compared to cointelegraph. And upon searching I came to visit this site that tells about the current debate of lagalizing the use of cryptocurrency in India. But this article was older than what cointelegraph had posted since this was posted last April while cointelegraph posted their article last earlier this june. (see http://www.zerohedge.com/news/2017-06-20/bitcoin-surges-back-above-2700-india-legalizes-cryptocurrency) . I will be updating this topic again if I find some article falsifying the articles being posted by cointelegraph but in my own opinion cryptocurrency including bitcoin will be legalized and be regulated in India soon. the link you posted has a date of 20 June meaning about 7 days ago. but you are right cointelegraph is not to be trusted when it comes to news like this, they read something somewhere and the write an article about it without caring if it has any truth to it. about India we should look in Indian news for real deal, maybe even the Indian board can help. but as far as i know they have been working on legalizing bitcoin for a while. i've heard it first earlier this year around Jan i think. so maybe they have finally came to a conclusion and decided to do as other countries did and legalize it. |
|
|
|
However we keep in believing that btc would succeed in many diffrent ways
If You have such belief, try to offer some items in change for BTC. it is so dumb that you represent a website that is supposed to be accepting bitcoin as payment and yet you continuesly attack bitcoin as a currency! maybe your whole information about bitcoin comes from the fact that nobody ever uses your website so you concluded that bitcoin payments never happen anywhere else either |
|
|
|
|
you can never know that is why you speculate about the future, if you think bitcoin price will rise to above the current price then you buy, and wait for that rise.
if it goes down you still hold.
if it goes down more than your stop loss you can sell and buy back at a lower price.
if it goes up then you have bought in the dip so you win.
|
|
|
|
Can u advice some good online wallets please?  From initial starting I'll suggest you to use Coinbase, blockchain or other online wallet. As the normal online wallet doesn't offer additional security option, there always chance to hack, but start making little payments it can considerable. no there is no additional risk of getting hacked in other wallets, if anything the web wallets you just suggested are riskier. specially coinbase because you don't even control the private keys and they can simply block your account and don't give your money back. and it is not hard to use a "desktop" wallet such as electrum. the time it takes to learn it is very short. they are very user friendly and much safer than a web wallet. |
|
|
|
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 .
don't invest everything you ever had but make sure to invest something. bitcoin is very scarce. there is a very limited number of coins created and the maximum amount will be fixed and won't change. it is a simple supply and demand relationship. I didn't understand what you mean by maximum amount is fixed? are you referring to the price per coin or maximum amount of coins can be mined? I think both can change because as long as people can mine bitcoins then its numbers will grow and as along as demand can grow for bitcoins its price will also grow and there is no limit for it. sorry i thought it was clear. by that i mean the maximum number of coins that will ever be mined (or the final amount in 2140), in other words the 21 million cap. and that can not change unless something drastic happens such as 10 million coins be destroyed or something like that. |
|
|
|
I was reading some articles today which pointed towards such a conclusion, just curious what others think about this notion.
both of them were in a bubble, bitcoin a small bubble and etehreum in a much bigger bubble. bitcoin's bubble busted and it is now over but ethereum's bubble never did, the price has been going down mostly because of the bug and panic but the burst has not started yet. |
|
|
|
|
Show Posts
