Honestly there is no safety during a dump like last time. USDT is the closest thing and you don't want it. Like was mentioned top coins. Even just holding bitcoin is safest, it may drop 10% but most the alts will fall 20% or more. BitBay is working on a dynamic peg which will make it much more stable but that is not release yet but maybe something to keep an eye on.
I agree. Since the premise of your question is stability, most altcoins or cryptocurrencies in general are not stable to begin with, more so the effect of the recent bitcoin surge has not helped any altcoin to become stable or gain traction to increase it's value and price point. I think that if you would choose in the premise of stability, I would still choose the more established ones like Waves, LTC, and Eth. These coins were able to at least hold their ground and not die off during the surge. |
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BTC down on 12'500
ETC, Ripple, IOTA all down more than 30%.
Whats going on?
thanks
It is only a temporary price deep in the major coin; bitcoin which is presently having its toll on the altcoins. This dip is expected majorly at this point of the year where they will be a major transfer into the fiat values. I also believe this that it will help correct the bitcoin price and also fix space for the growth of altcoins. As long as bitcoin is given the stage alone, no other coin can really have a significant value. Some of us are really waiting for the bitcoin dip so as also help with the altcoin rise in value. I would say that it's normal because every market trend and movement that happens with altcoins are mainly affected by bitcoin, being that it is the "main" coin and the big gun that controls the highest value, market, and interest among others. It has been affecting altcoins negatively since it started its surge last November, and I think that as the price of bitcoin neutralizes, it would be a good time for altcoins to improve in value if the developers see fit to pump in their coins. Also, it is quite normal for something that rises to experience some drops at some point. No asset, even gold, oil, fiat money, and all others in the market are immune to any negative movement that would affect it's price to drop. But, like most replies say, I think once bitcoin adjusts, it would regain its strength back like what happened before. |
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Exactly, the price is going to come back to what it was eventually. Thats how I make money from other people.
I find that in fact, trading less often would have let me earn more money than i would've if I was just keeping my money in the coin.
Bitcoin and alts are highly violatile but they are on a strong uptrend.
It may well comeback; however, you can't blame those who are panic selling as well because they may have gained those coins with the higher price point. If you have invested in it during the times when it was just around 7-10k, then you wouldn't mind the drop that happened now because it is still around 13k dollars at the moment. However, if you would consider that it was around 16-18k before, and you got the coins for 12-13k, you can say that you are starting to lose profit now, moreover you are entering the losing stage of your investment, so to mitigate the loses, many who have invested just recently and bought their coins at a higher price would binge sell their holdings to get even a little profit. |
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Bitcoin can be difficult to explain but so can money and what teenager really knows how that works, hell most people don't know how money really works.
I think a teenager would probably be the easiest generation to teach bitcoin to, you don't need to teach them the whole in's and out's just a bit about public/private key pairs, sending/receiving addresses and secure coin holding and they will pick up the rest very quickly.
I agree, and before I answer, I would like to ask if there is really a need to explain this to children, I mean, the topic of economy is barely scratched and discussed to children before high school, so I don't think there is such a need for it, plus bitcoin is not an established market yet, which may change at any time due to a hundred million reasons. But to answer the question, and like most replies state, I think the best way is by analogy because if you would explain the concept of bitcoin or cryptocurrency, in general, to children, I don't think that it would arouse their attention to even listen for a while. However, if you would start with the idea of how it can help them and the positive effects it has, then there is a bigger chance for you to get and hold their attention for them to listen. Another way is to also show them how it can help like the earnings or the things you have bought with it, because, if you will just show them something like a collection of codes in the your wallet. They would not see any use for it because many teens now wants things to be easy for them with less complications. |
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Skycoin seems very interesting. It is at 100M market cap. It is fairly new and unknown. I guess some time will pass before people can understand what it is, though. Same thing as Raiden.
I am hearing a lot about Skycoin too. I think the main reason why it has gained so much interest is the fact that has a high market cap as supposed to other altcoins that even though they have higher value or better market movement going their way, their cap is not so much which means only a few may hold and invest with it. However, since the premise of your questions is "good options", I would say that I would choose those "strong" altcoins around like Eth, Ripple, and Waves. I call them strong because they have endured the bitcoin surge this past few months without experiencing significant price dump, or worse, being killed off like other altcoins. |
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I would wait for the middle of January to see how the market behaves. At the moment I like: Raiden Network Token, Stratis, OmiseGo, Aion, ICON, ETP, Qash, Ardor, BitShares, ZEN, Qtum. Good luck.
Good list. I think you're are more focused on up-and-coming altcoins that have promising future in the cryptomarket. However, given the amount you would want to invest, I think you can actually handle to invest in the big gun, which is directly in bitcoin. I think it would be better to invest in something that has bigger value which would also promise better return. It's not easy to be positive when investing in something that you are not sure would succeed having to consider the risk that altcoin dealings already hold. Maybe, I would choose to actually divide that money like 50% to bitcoin 30% to strong altcoins, and 20% to up-and-coming; by doing that, I can spread my investment, which would hopefully lead to better results. |
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Sa tingin niyo aabot nga ba ang bitcoin ng 1M pesos ang halaga ng bitcoin, dahil kung i kokonsidera niyo ang patuloy na pagtaas ng presyo hindi malabo itong mangyari. Ano sa tingin niyo ang magiging presyo bago matapos ang taon sa walang tigil na pagtaas ng presyo hangang saan kaya aabutin ang presyo nito?
Kung walang tigil ang pagtaas ng bitcoin, sa tingin ko lampas na tayo ng 1M pesos. May mga pagkakataon pa din na bumababa ang presyo ng bitcoin, indi lang natin masyadong mahahalata kasi tumataas din agad. Kung mapapansin niyo kahapon ang presyo ng bitcoin ay nasa $13K ngayon bumalik na siya sa $16K. At kung titingan niyo sa remitano, nasa 1M pesos na ang presyo kaya sa tingin ko, nasa 1 M na tayo. I agree. If it continue with its current path and trend, it would most likely reach 1M pesos or even more because many people have really been into bitcoin trading and investing due to its high return. But, like most replies said, it would be really difficult to balance out that high price point because as bitcoin price surges, many altcoins on the other hand are getting killed off one after the other because they're losing so much attention from people, which results to less usage and investment that depreciates its value even more. It's very hard for things to work out in a market that is pretty much one sided favoring only one player. |
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As we all know Bitcoin have very high price, therefore in small payments Bitcoin will be replaced with some crypto, but which one ? If we look in all cryptos - https://coinmarketcap.com/, it is very hard to say, which crypto will be most popular in next three to five years. May be ETH or Ripple ? I think the options you gave can be good candidates for that purpose. I may also add Waves because amongst all the altcoins across the market, them three are the reliable and strong ones that have proven themselves even despite the negative effects the bitcoin surge has brought about to most altcoins in the crypto market. I think the main indicator on which one would emerge as the best candidate would be which altcoin would have the bigger chunk of improvement in terms of price point and marketability. Just last week, Waves has increased in value and many suspect that it's because the developers are trying to combat the negative effects of the recent bitcoin surge by pumping its value. On the one hand, it's a good sign that Ripple and Eth has maintained a good price point despite what's happening. |
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would you try this technique.
Nah, too much risk. What if the price went the other direction? You'd be out in the street? Is that worth taking a flyer on Bitcoin? Not for me. A safer play is betting a healthy portion of your wealth, but making sure you've got an out, enough stash left over to make another play if the first one falls apart on you. I agree. I mean, this question is pretty much a dumb-founded idea to begin with, property, more so your house, is an investment for security that one should have in their lifetime. I would sell your house for the proceeds to be invested in cryptocurrency where you can't really be sure of the success of it. It would be too much of a risk because you are risking yourself or your family to not have a place of refuge, which puts their security in danger. And since you have the capacity to own or mortgage a house, why not just save some money and look at it as a long term investment that you can use for cryptocurrency without the need to endanger your shelter and security. |
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the worst mistake i made is i was going to bet with 0.01 but i press max button with odd x5 and i lost all my balance from there i start to check the amount 10 times before i press the button to play or to place a bet.
and the other maybe when i withdraw my profit to a wrong wallet address and lost all again i have a lot of stupid mistakes.
I think the worst mistake one can make with gambling is not walking away when you're losing too much. It mostly happens, unfortunately, because people always wants to get back their loses without any control on spending. Gambling can make you lose your money in a glance without you even noticing, which means that having self-control to stop when you're losing so much. |
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Trading is different then investing, first you should determine if you are going to trade or invest. Investing is buying and holding for years, trading is simply buying and selling to make a profit regardless or the fundamentals of a coin.
Figure out which coins you like and buy and hold them dont trade them, on the other hand find coins you think will go up in maybe a couple of months and try and trade those.
Stop losses and indicators are something you should become familiar with and remember trading has a lot of emotion involved, dont let your emotions get the best of you. Good luck
Good description. Trading, by practice, is a means to up your profit by means of buying some coins whether it's bitcoin or altcoins and then selling them either for profit when the coin value increase in comparison with the amount you bought it for. Or, you can use it to be traded to other coins and then selling those traded coins for profit. Basically, with trading, you have to have knowledge with the market trends and movements that might affect the price of the different coins across the market. By knowing such information, you can actually know what kind of coins would be suitable to buy for profit. |
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It's always a good time to buy Bitcoin. For long-term investors, there is no doubt about it. Short-term investors also can make a good profit as there will be another fork (Bitcoin Segwit2x) and it will cause the price to rise again.
I agree. Although right now, if you would buy bitcoins, you would need to shoulder a bigger load in terms of the capital you have to shed off in order to purchase and start trading bitcoin unlike before when its value is way lower than now. I agree, however, that it is always a good time to buy bitcoin because it has a lot left in its tank in terms of increasing value. Its potential and marketability have lots more to soar even if it seems that it has already reached new heights. Also, many establishments, institutions, countries and people are already shifting their attention and is starting to embrace bitcoin. |
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Well, it depends on the reason that brought bitcoin down, if it's another cryptocurrency then no they won't be going down, but if it's something that makes people lose faith in all cryptocurrencies then the whole cryptocurrency market would crash.
Yes you're right because people makes the bitcoin and any other cryptocurrwncies run. So people are the great factor why bitcoin will getting high and it will continually increase. So if bitcoin would never been use by people then cryptocurrencies would be worthless. That's true, if the pioneer in the cryptocurrency market would actually fall in value and be reduced to a value of zero or low in the sense that it won't be profitable anymore, it would bring the market in shambles because the belief of people especially with the pioneer is why larger, which means that the expectation that they put on it is also way more massive compared to other coins. However, at the current status of bitcoin, I don't think that it can be easily taken down because it has reached a point where it can adjust easily to any negative market trend or movement. |
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Meanwhile the real economy is firing on all cylinders, stock markets are at all time highs, corporate earnings are higher than ever, unemployment is low, etc. Even amid the boom, no one cares about bitcoin any more.
I disagree massively with this part. Stock markets are high, agreed. This is due to stock buybacks and huge bubble P/E ratios, not fundamentals though. Unemployment as paid by the state is low, I agree. But the participation level is very very low, almost the same as in the trough of the recession in 2008. People may not care about Bitcoin, but do you seriously not think that there will be an "internet money" in the future, so that you can pay for anything, anywhere without having to convert? I think there will be, and I am essentiall betting that it will be Bitcoin. Good point. I think this opinion is in so many aspects mistaken. The basis used to pronounce that bitcoin is dead is not enough to make such conclusion. Also, even if there is slowness on how bitcoin is accepted in the market, it is counteracted by the way its price kept on increasing, even reaching around 19-20k which is a record for any cryptocurrency in the market. Also, the future is not bleak at all for bitcoin, many people and countries alike are beginning to embrace it, which would add more speed to its continuance. |
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I won't say LTC is dead but things are not looking that interesting . Devs expected that LTC price will react same way as that of BTC after launch of ASICS but overall whole logic seems to be failing . I own few LTC and hope it will recover.
I agree. I won't say it's dead. For right now, I think the developers are just letting it coast for now, since pumping litecoin would be in vain because of bitcoin's price surge since last December. I think what they are waiting for is the opportunity for the surge to halt or have a break, so the whatever pump value they would do would actually be of use. Also, this is not only experienced by litecoins, it is experienced by most altcoins across the market, which is an indicator that dealing with altcoins may not be so much of a good idea right now. |
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My experience was a little bit different than other people's. in middle of 2015, I made some searches on Google. I think the search was related to Udemy account, or something like that. And, it was my luck that I unintentionally, without knowing anything, came to this website. I started reading articles at this forum in the market place section. Everyone were dealing goods using Bitcoin. After that I started knowing about Bitcoin. Within few months I learnt a lot about it. After that I started using Bitcoin, and until this day I have been using it everyday.
This website gave me the direction to go towards Bitcoin and other crypo-currencies. I know my experience is kind of different but it is as true as Google or Bitcoin itself.
I think like everyone here, many have known or have been introduced to bitcoin or cryptocurrency, in general, way before it become popular. However, like many people, I thought that bitcoin is some sort of a scam or scheme to take advantage of people, and so, I didn't believe in it the first time. It took me around four years to actually delve into it deeper and try my hand on earning some coins for profit. Fortunately for me, I had a friend and a workmate that have really taught me how it works and the things it can do for me. After him explaining it to me, and me, having some sort of appreciation, then I have decided to actually try my hand on it. Hopefully, it works out! |
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Fluidledger will set its price per coin at the same price as Bitcoin. Fluidledger has IP (intellectual property) that is going to change the crypto landscape. The IP is original and is in addition to intentions stated on its website. I have been told you need to watch these guys. They are playing for keeps.
I think many have already claimed that they can do this or that or, in line with this topic, to beat bitcoin. However, no one has actually succeeded because it would be quite difficult to persist against a bigger opponent, that's the general rule. Bitcoin has become really big these days, not only in price point, but also in terms of marketability, potential, and the attention it commands. All these factors took years to achieve even for bitcoin being the pioneer cryptocurrency in the market. So, unless some great luck befalls on a specific altcoins plus a massive overflow of support coming from many people, I don't think, especially at the moment, that any cryptocurrency can surpass bitcoin. |
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Yeah sure you can do this, depending what you define as a small amount.
On Poloniex for example, you can deposit as little BTC or altcoins as you like and start trading, they don't seem to have any minimum deposit requirements listed.
How much do you have to start trading with? If it's just dust it's obviously not going to be enough for the fees etc.
Everything starts with something small. A million would not be complete without starting to a few bucks and coins. I think, in the topic of trading, it would be better to start small so that you have control over your loses and that would mitigate the negative effects of losing your money, which is very discouraging especially if you are just starting out, and you have no big capital to use. Also, you should choose coins that within the value of what you're willing to shed off because that would make your trade progress little by little, wherein you can micromanage every trade you do instead of going straight to bitcoins and competing against the big guns when you don't even if a little gun to fire. To be able to do that, you should read first and maybe look for some tutorials and suggestions to guide you in your decisions on what trades to make.  |
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Hatred has taken over almost every where in the societies in recent time whether in the family, Church, Musqe, office, play ground, school, among young and old people. All of this that happen in our societies made me wonder whether LOVE exist. This is because if you check the meaning of love you will agree with me that love doesn't exist anywhere.
I think it does, but it would actually depends on how you see love and how you define it. Although, it is true that hatred has been ravaging our societies now due to different reasons like anger, racism, divide and the likes. I think the deterrent for that hatred is love and compassion between people. I think it still exists because there are many movements that keep on promoting it, and people are being continuously reminded that there is no room for hate in this world. There are so many meanings and interpretations people have for love. Some say it's just a chemical reaction, some believe it is a feeling that insights change, while others say that it's a way to live without hurting others. I think, whatever meaning of love you feel to embrace, what's important is the fact that you show it to people and especially to yourself. |
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Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC
Here is how I see the timeline: 2020: This decade will be the consolidation of crypto, and bitcoin will be on the lead because no altcoin will be able to clearly defeat it for what it has to offer. Every competing altcoin will continue to be seen as a gimmick/ripoff with no support 2025: Lightning Network is now fully operative and competing against all fiat payment system. 2027: The price is now 6 figures, the release of new coins is very low. 2030: Onchain transactions are now expensive, only used for 100+ USD dollars or more. Onchain BTC is digital gold. Thanks to the conservative blocksize, corporations can't control the network. Everyday non important transactions are processed on the LN. Trillions of transactions per second are happening. Banks are struggling to justify their existance. 2030+: BTC is the world currency, banks fully support it and act as a way for newbies that cannot take care of their own bitcoins, they do it for them. People that want to be sovereign still control their BTC. 1 BTC is worth 1+ million a coin. Chinese mining no longer leader. Intel and AMD and nVidia now competing to be the top miners. As much as this is good to see because there would be a common and centralized currency for all countries. I think this can't be easily forecasted because no one actually and really knows how bitcoin would unfold in terms of its role in the global market, plus its capacity as a currency. I think there is a chance for that to actually happen; however, it should be kept in mind that all trends must favor before that could actually go as planned. It's a good thing though that many people are beginning to show support and see how bitcoin's potential can change the market landscape for the better. |
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