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Ive been reading the Reuters Global Markets News section.
They have some great articles.
Depending on the policies put in place when Trump becomes president, Bitcoin price may be affected.
If stock markets or currencies like Chines Yuan or the US Dollar drop, investment in Bitcoin may be a good investment.
Watch the stock and bond markets. Volatility there might be a good sign to invest in BTC as well.
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I'm sure Poloniex is better than most exchanges, since they make enough money to do some security auditing and testing.
However, no exchange is safe.
There will always be some vulnerabilities, and the risk of an insider theft.
Never trust anything besides an offline cold storage wallet.
Keep your keys safe!
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Just remember that not everyone has the option to borrow money from friends, family, or a bank.
There are different definitions of "rich" and "poor".
If you have food, a home and access to the internet, you are doing better than half the people in the world already.
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I've seen some decent articles recently,
i've also seen articles that are pure propaganda, blatant lies with no sources or fact-checking.
Some writers seem to be worse than others.
But I would be wary to trust anything on that site.
Some of the writers have an obvious agenda. Usually its to promote one product while slamming its competition.
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Yeah I still don't know what to do.
I feel uncomfortable having money on an exchange, even ones that I trust.
It's too annoying to manage ten different wallets for different coins,
(not to mention the coins that don't have functioning wallets or command line only wallets)
Maybe I will consolidate down to two or three coins so I can put them in offline storage and not have to worry about it.
Most of my buys are long-term investments anyways.
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These guys were crazy to try to scam 1.2m when their real ids are known. They are basically tainted forever. I hope some who got stung bad will never let it drop.
I'll gladly send anyone my real ID info if they send me 1.2 million dollars. That is definitely enough money to move somewhere and start a new life. Feel free to send Bitcoins to: 1QBFfxcpBSvzvtTFwu2uRV71Y3ENSV5oG4 |
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Price seems to bump a bit around the time of block rewards,
so if you can time it right you can make a bit with short selling.
As for a long term investment? No.
The price is way too high for a new coin and is still riding the hype of its release.
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Of course you can make money. You can also lose money.
The markets might get crazy around the time Trump becomes president.
You might be able to make some big profits, if you can make the right predictions.
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Any difference with Mexican Coca-Cola (cane sugar instead of HFCS)? Curious.
You can definitely tell the difference in taste. I had a Mexican Coca-Cola recently and it was delicious. Much better than the high-fructose corn syrup used in the American drink. As for the price of Monero, I'm glad to see us back around the price of Ethereum. I'm not sure we will get back to the 0.02 price level right away, but it may happen eventually. Now might be a good time to invest in XMR actually. |
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I think we need to get back to the $750 mark before people start talking about $1000.
Now that price has dropped a bit I'm holding off buying any more coins unless I need to buy some Altcoins.
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Even if there is a drop I doubt it will go below $650.
Still I'm glad I put all my BTC into alt-coins when it was around the $725 mark.
I still think we will hit $750 sometime in 2017.
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1000 x $1000 = 1 million.
So that's my vote.
5 years from now I can see the price of BTC being in the $1000-1200 range.
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Too many coins starting with 'Z'.
Zcash, Zcoin, Zcash classic.
I know its kind of ridiculous, but people will be confused and claim that its just a ripoff of another coin because of the similar name.
Most people don't actually research a coins technology or its developers.
They are just following trends and whatever coin is trading hot on the exchanges.
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Anyone who invested Mexican Peso into Bitcoin just before the election is no doubt happy.
I'm not sure if the Peso will continue to drop, but investing in BTC would definitely be a way to safeguard against that.
Personally I don't think Trump can do half the things he promised.
Mexico is one of the United States top trading partners. Too many big US businesses like auto makers depend on Mexico for parts manufacturing etc.
We will have to wait and see what type of actions he proposes.
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The US dollar has about 250% inflation since the year I was born. That is really scary, actually. This makes a 30 or 40 year retirement fund look a lot less attractive.  |
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Monero making a comeback.
XEM had a bump yesterday but has dropped back a bit. (Sitting at 658 right now)
I still think Nemesis and Ripple could have a good month, but Monero might be the big winner.
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Price dropping back to just about $700.
Is now a good time to buy some coins?
If we don't get some movement to the 750-800 range I fear price could possibly drop back to around $650.
(Probably not much lower though. I see some people saying it could drop to 450-500 but that seems far to low to me.)
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1000% on two coins?
What two coins is this?
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