With exchanges the things vary depending on the time period with more users involving into trading activities based on the price pumping of different coins listed to the exchange. So if bot makes every move, profitability will be stable and won't get a better profiting depending on the trading volume.
Most of the trading site uses the automated escrow to confirm the payment made and release the bitcoin if delayed in releasing according to the reference. Trade rate will be fix by each trader according to their desired value. If this automate, traders will not able to make profit by buying or selling the more bitcoins. |
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What would you do if Bitcoin price crashes? Below $200, would you hold on to the Bitcoins you are having..or sell them?
I think bitcoin would not crashes at all since bitcoin prediction are starting to become real one as the other says that bitcoin price will be at the half of million dollar this coming more years maybe 5 years from now or more and i believe with that. But if bitcoin crashes with that price maybe i'll convert all my money with bitcoin and wait till price rise again. It crashes around 50$ in the chart today but it will be recover soon. As price rising from this year onwards and many people are hold the bitcoin in the wallet I think. Price is moving as demand and supply increase in bitcoin. I think moon value of bitcoin this year may be knock the 3000$ as this pumping hitting like this. |
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So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?
I will try to get it back and wait for the profit. Its better to put up a risk than a permanent loss. I think it is better to learn more about trading and obtain more knowledge in this field before returning to it. As I can see, people always tend to do something without thinking because they think that they are great enough to start an activity by themselves. Therefore, if you lose, learn more and you will be better yeah people always ooking for the shortcut to earn profit , trading without knowledge and based on nothing nowadays have been practiced by a lot of people , and it makes them always hurry in make any decision , include whe get some loss they can't accept it , and immediately try to recover it, you need to be patient when do trading. Trading doesn't need big tactics to follow to be successful in the bitcoin. Simply need to buy the bitcoin when price dump and sell it out when it moves to the bigger value. But looking at the present situation buying as much we can would be best option in trading. Adjust your trade value and volume as price moves in the price chart. |
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How can people do that? do you think its very best for us to spend all our money in this unsure situation? Since we might gonna fall on bad state if we just let our selves to be more fan kid on bitcoins and spend what we have for future stake althought bitcoins having a good run right now but still its not really a big guarantee for us to believe 100% that we can earn continously and became rich by this.
i think most of the the people invest some part of their assets in on place, therefore i do not think that people may be putting all their funds in bitcoin. to me i personally putting about 70% of my assets in bitcoin, as i am pretty sure that the price of bitcoin is will continue its up trend for long time and hope that the price of bitcoin is expected to reach to 3000 USD level very soon. therefore i am not reluctant while putting such a big amount of money in bitcoin. That's just common practice that you should put all your eggs on one basket, that's not going to be so much of a risk because there would be other streams of income. Basically, putting funds in Bitcoin would have great returns in the long run and that's what makes it so awesome. It's still continuing to increase in pricing, and that's great. well that's a risk i'm not willing to take though. although the increasing price of btc would make it a very good investment, not having any contingency would be a mistake that someday may have dire.consequences. so im not thinking about the profit but the security for my money Bitcoin is not regulated by the government, as price increases we need to be fear about the scamming attempt may do the wallet providers. If we are able to rid out from that. We will easily put our funds into bitcoin investment like trading, mining and etc.. After Japanese exploration about bitcoin, I hope more countries would accept the bitcoin as a legal money. |
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You now have came to the right point. You are not only one who faced delay in your payment update but there are many users who had similar issie on coinbase. I have earlier predicted , i still recommend you to choose another wallet.
Coinbase will asks you 0.00059 btc as fees for the every transaction and I noticed two days before, they bannered the text as the transaction may be delay due to lack mining and network for a transaction. I think this could be a reason for this delay but I use coinbase from the day I started into the forum. Much faster than blockchain and another wallet. |
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Yes the current situation of you analysis then the price has shoot up daily and it's being going upwards itself . Well yes if it start falling then it may easily fall 300 - 500 $ in coming times . Hope so we do not see such fall else it will be drastic fall for the Btc market .
Price is volatile always in the bitcoin but in recent days bitcoin achieving continuous pump in the preev chart. Today It touched the double value for this year because this year starting bitcoin value is somewhere around 1000$ but now bitcoin is 2050$ and more. We may see 2500$ soon. |
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I dont really in favor of spending bitcoin over drugs,its just an insult of your hardwork.Why not spending it into something useful,we all know how drugs works,maybe it gave a good benifits to anyone but i dont think that is a better idea.
If a person has the capacity to buy drugs using fiat currency then he will also be able to buy drugs using bitcoin. The problem is not with bitcoin but the person who will be using it. In the past bitcoin was famous in the black market as a currency to purchase drugs, weapons and other illegal accessories, merchandise and services. Today there are still people who use bitcoins in buying illegal items but the majority uses it on investments. Yup, there is no legal notice that bitcoin is being for buying drug using bitcoins. Here I noticed some people troll the bitcoin saying terrorism with bitcoin or illegal activities. Bitcoin is still decentralized money many of the countries. Let it become legal in use. These kind of thread really give a tough chance for bitcoins. |
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It's a lot, do you think it will go up more?
The target for this year is to reach the bitcoin price into $2000 dollars per bitcoin it will go up more based on what the ceo of blockchain said bitcoin will be at the price of half of million dollars by the year of 2020 or maybe less this could be possible any time the only 2000 dollars? I hope the price reached $2500 in bitcoin later this year, because currently only bitcoin price reaches $1900 bitcoin price day by day more and go up quickly and clearly, this is very beneficial for those of us who hold bitcoin Today price is 1970$ not 1900$ as mentioned. As mining decreases in the last halving and adoption rate on bitcoin will be takes up the value to 2500$ easily with in a year. If price touched 2010$ or more. Bitcoin will be double the value in the chart. |
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wow, ESCROW in this projects is Lauda, seems this projects will running good and I believe this projects will sucess, hahaha, Lauda will provide a very satisfied service.  Yeah, she would be more perfect then the all the campaign manger and escrow and he is BB rank to escrow rank I guess, I am not sure. Nvo.io has a good services which start up different project using bitcoin. Great to go. Congrats. |
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Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.
Actually, I'm seeing the bitcoin ecosystem behaving quite differently from what the "real" economy seems to indicate. Speculation is also an important part of this game and perhaps the only certainty in the future of bitcoin is the uncertainty. Speculation is a big role in the bitcoin ecosystem. Especially if there is a thing related to the bitcoin market. The future of bitcoin economic will depend on the world's reaction. he's right about the mass adoption. Already adoption has been increased from the year 2014 to now. This would move ahead to see the big price in the chart very soon. I have noticed the news In coindesk. Double value pump with in this year if price reached to 2000$. Most of the speculation would fails only always, So you can define the price via chart but specs won't do big to chart. |
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I think the increase of the bitcoin because all users buy and hold much. This is because all users of bitcoin is convinced that prices will continue to rise and making bitcoin as long-term investments.
As adoption increases and mining limit decreases, bitcoin price will be increases automatically. Previously, ou could find many reply due to supply and demand of bitcoin. Now Segwit also seems active on litecoin and Bitcoin unlimited also takes the bitcoin value up in the chart. |
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Unconfirmed transaction every friday to sunday is crazily high. I dont know if there is a manipulation happening but i just cant stand to it. We need to solve this kind of problem
Well, the transaction fee is not the real issue since anyone could put whatever transaction fee with their transaction. I typically send my transactions with a 0.0001 BTC fee so that's around $0.19 if I had to get it calculated in USD. $0.19 is not that much compared to most posts within this forum that complain on their fees being $1 or more. My transactions get confirmed without any issues, I just accelerate my transactions and most get confirmed within 24 hours or less. May I know which wallet you are using? Because here I am using coinbase wallet. It consumes 0.00059 btc as fees for the transaction. It's getting confirmed in 40 minutes but fees seems to high for me. If you let me the wallet you are using. Then I will able to save some amount from the high fees I am using. |
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I'm trying to figure out how to create a wallet using copay. is anyone familiar with this and can help direct me?
It is also similar like all the online wallet, you can have multiple users in your wallet similar like electrum. The below link would help to clarified with your doubts Copay wallet. https://github.com/bitpay/copay/wiki/COPAY---FAQ |
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Im asking these dumb questions because I'm new to crypto trading - so thanks for taking the time! I've been slowly studying the psychology & methodolgy for a while but only now getting round to making a few trades. Thanks for your help  I sold out bitcoins which I got from my friend 3 months before. I was just hold that btc for some months and it by last month. It almost big profit from that. If you are involved in btc trading. You can make money everyday and you can profit from every trading. You just need to price chart every day. |
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I think:
Buy it when price lower, or buy other coin/1
Your idea must be appreciated, most of people think same. It's pretty long-term process so patience is important. You can also earn Bitcoins by accepting them as a means of payment, by completing tasks, through trading, get Bitcoin from the signature campaign popular and effective, there no doubt. Yes, signature campaign is best option to earn bitcoin without investment. I got s slot to work with you ex campaign recently. I hope that I will make more money soon via this option. I think apart from that trading, faucetings, lending and etc... |
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first if you have already have good btc amount want to grow it then best way is to start investing in trust able upcoming project.
second if you have low btc amount then it is good to do altcoin trading,it takes a lot time but you will earn good if applied in right manner.
I am not aware of altvoon trading. I have heard the bitcoin trading seems good and you could earn continuously using trading and there lot of people coming to sell out their bitcoins for the daily needs. So we can many trades everyday when compare to altcoin trading. |
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I was a paypal user in the past when i was still a gamer, I sell items, gold and even character using paypal but my addiction to online games was ended so now i changed my hobby from online games to online gambling and i used to play to gambling casino where i won't need to use my credit card so my Option for that is to use Bitcoin. What i mean is there is no best in bitcoin or paypal , both are good depending in where and what you are going to use it for.
For using the money in gambling most of the site apart from the btc gambling site. Most of them supports to pay via debit, credit card and paypal in high numbers. I support to bitcoin due to its potential and less fees when compare with the Paypal. Moreover Paypal was doing scam attempts via email. but bitcoin never. Please aware of scammers around you and use bitcoin. |
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More like bye for now.
In 3+ years, we'll be back under $1,000 again.
3+ years? More like 3+ months lol. Too soon to say that . No bad press to see Bitcoin under $1000. People seems used to the political debate about Bitcoin Scalability and have accepted that it will take a long time to solve it. Aside from that the effectiveness of the previous FUD had gone so I do not think Bitcoin price will crash that low. So what we can do. Politics been involved in bitcoin when the price striking to big amount. If you look the bitcoin to see more than 1000$, Yes, we are moving to big amount and you can see the value around and more than 1100$. Price fluctuations and forking pulling back the value but adoption rate takes off the value to big amount. |
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You are right.I too started trading when i had a job.Since i had an other source of income from my job,i was able to trade freely and take small risks.Now i have left my job and have become a full time trader.I could now run my family through my trading earning.
There is no big risk at all being involved in trading. Some people worry about the bitcoin trading due to scammers may scam us once they receive the payment but Sites like polenix, yobit and localbitcoins are using better online escrow system. Payment will locked once the seller open the trade. Therefore you see the BTC chart continuously and fix the rate accordingly. |
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