Bitcoin Forum
May 07, 2024, 09:35:20 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 [137] 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 ... 329 »
2721  Bitcoin / Bitcoin Discussion / Re: My First Purchases of Bitcoin on: November 12, 2022, 12:59:21 PM
I was very happy to buy Bitcoin today . Since I am new in the crypto ecosystem I used $5.41 to purchase Bitcoin which  is equivalent to 0.00032258 BTC and I am planning  to buy more. And I am investing for a long term investment. Happy  first purchase.
It is not easy for someone  to buy bitcoin  because  of the  bear  market at this time but I picked  courage  and bought it.



Good time to buy and it's good you are happy with what you did. Nevermind the amount; there's no big or small investment. The moment you've engaged to investments, it takes courage 'coz not everyone will do it for the sake of seeking profit. It is a small step to some but on another point of view, it is a big step towards profit seeking attitude or behavior. Continue learning new things; there are other ways to make your investment bigger, you just have to learn and choose which one would best suit you as an investor.

Also be open for ups and downs on your first investment. The nature of the market value of cryptos, is volatile. There are periods wherein a particular trend is evident which I believe you are aware already (hoping that you really are because it is the conflict for the new investors out there).
2722  Alternate cryptocurrencies / Altcoin Discussion / Re: Market is about to pump on: November 12, 2022, 12:16:06 PM
Reverse FUD? But certainly, the market industry is a bit more noisy lately compared to previous months so there is a possibility for an upward motion. I just doubt that it will be continuous but aleast there are chances for positive signs to again be seen in this industry.
With more and more people flocking to the crypto market, earning money is not as easy as it used to be. Because it is not only retail investors who are playing with you, but also investment institutions.
On my end,  it was never easy to earn profit from this industry which is full of uncertainties especially when I was just new in crypto world. I had a hard time coping with strategies and how this thing works. But since I am seeking for profit, I struggled but I somehow get a good grasp of it. I've seen many dumps and pumps in this market so I think I got used of seeing these  situations.
2723  Economy / Speculation / Re: Stop the panic, I doubt we will see 14k or less Bitcoin on: November 12, 2022, 11:38:21 AM
It is not FUD if there is a possibility. It just depends on the audiences on how will they react to that possibility. If they would panic then that would be the time it would be called FUD. But if more people will take it lightly, it won't be a bad thing. Bottomline is to spread awareness about the nature of this industry. Downfalls are just normal and is nothing to be worried of not unless the money you've invested is an amount you cannot afford losing. The fundamentals of investment. The reason why FUD became FUD because people are lacking knowledge on how investment and this industry in general works.
Literally articles are flooding saying the bottom isn't here etc etc.

The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.

Stop the FUD.

EDIT: For those of you who seem not to remember what FUD stands for:

Fear. Uncertainly. Doubt.

there is no one that really cares about these things ? maybe there are weak or newbies but we are years enough to learn what is bitcoin and what is this all about? maybe we  will just feel a little disappointed but the whole thing is that Bitcoin will recover in the future  , maybe not that soon but eventually , bitcoin may fall to 14k , but for sure? there will be another increase in the coming months , or maybe this December who really knows?
Other investors would be even excited if ever the market value reaches such point because for them, that is a huge opportunity to invest and let their money rest with it. Things are simple; if you cannot endure seeing the market, then sell and quit.
2724  Economy / Trading Discussion / Re: Earnings via crypto network, daily - 5$? on: November 12, 2022, 11:03:51 AM
You may do scalping or short term investment with different tokens but it won't be as easy as it may sound. You'll need to invest in knowledge first but that won't require you a monetary initial investment. That would only require you time and ofcourse devotion with what you will try to learn. There are many learning materials and best ones are videos demonstrating and sharing ideas. You may follow Marvin Favis, MoneyZg and the likes (not sponsored;just to name some) to know more of the fundamentals. In trading, it won't require you huge amount of money, and there will also be risks involved (which is normal). There are no easily earned money especially in this industry, you need to work hard for it. You may also join communities which will also help you grow and discover other ways to earn profit not only in trading.
2725  Bitcoin / Bitcoin Discussion / Re: Too many chickens own BTC. Don't be a chicken, HODL! BE A LION. on: November 11, 2022, 10:42:13 PM
This is the real issue BTC is facing. Chickens get afraid and sell even if they lose their money. They don't even understand how crypto works.

I've never sold a satoshi since 2013. I know BTC will rise back and one day will hit the 100k and beyond. In a way I'm glad this is happening, more strong hands and less chickens. HODL! Hoping to buy more if it gets down to 10k.

Haven't even heard about FTX until now lol. This shows how panicked I am Grin

1 BTC = 1 BTC. That's all you need to know. Less drama, live longer.
Are you aware that people have different situations living in? Hwta if an investor bought 1 BTC and because of the high inflation rate we are currently experiencing, he ran out of money (just an example). Would he be wrong for selling his asset because he is in need to do so? It is right to call the investor a chicken if he needs to do what's necessary to make a living? We have our own battles, so never conclude. Ofcourse it would be ideal to hold at thid moment and avoid selling but there are times in our lives which will push us to go out of our plans.

Those who would be able or those who can afford seeing this bearish market trend should hold in order to not make the loss permanent. Indeed 1BTC=1BTC. If you won't sell at a low price there is still a chance to make profit. But once you sell, profit will be permanent on that investment.But we should gauge other factors as well.
2726  Bitcoin / Bitcoin Discussion / Re: My reason to be in btc on: November 11, 2022, 04:43:02 PM
Now my reason i dont use my own Brain If i don't know the facts it's just guess work.
Im in btc becouse very powerful people Are the rich wealthy people Are in btc.

I would say that is a very wrong reason. Trusting someone blindly is never a good idea. You should try to learn the truths with your own mind. If you're ready to use Bitcoin digital currency, understanding what it is, how it works and why it's a good idea will help you make the right decisions.

Things have manifested over years. There is still an impression that there's an easy money in this industry well in fact there's not. The market value of cryptos are naturally volatile. While to those who are experienced ofcourse they would have ways to generate profit but for those who are new in this industry, it would take months or even more than a year in order to generate profit from investing into it.
The world leaders who run this world was first ones who got in btc and when they trust crypto i trust Also.
Where is the proof of this your claim? I am kinda guessing you don't have it because as you claim, someone told you to invest in BTC, so you did without knowing a thing about it, and that is glaring in your comment and I don't know how much Bitcoin President Barack Obama most have bought then as he was obviously one of the world leaders during Bitcoins early days/years.


World leaders? cryptocurrency? Do you know how long since Bitcoin and other cryptos are even created? Up until now, cryptocurrency or this industry in general is still not widely accepted across countries which contradicts OP's claim that world leaders before started crypto engagement.
2727  Alternate cryptocurrencies / Altcoin Discussion / Re: Capital during sudden crashes on: November 11, 2022, 02:26:23 PM
Have observed in past that sudden crashes tend to be caused by FUD/over-reaction rather than anything substantial and the market eventually recovers.

In such times, capital can be handy as such opportunities are like finding gold on street.


During market crash, I limit my capital to invest. Some investors especially bigger ones, would go all out during down
times because that is indeed a good time to invest edpecially if you have the money to invest and somehow 'forget' your money without being anxious about it, you'll just let it "sleep" in your wallet. Given that I have limited resources, I plan any amount that I will invest in order to be more precised with my investment and ofcourse to generate profit. Also factors such as circumstances would matter. It  could either limit the amount you can afford losing in an investment or boost you to go all out. Unfortunately we have different circumstances. FUD or not, if you are lacking resources you would be hesistant with your actions for sure.
2728  Bitcoin / Bitcoin Discussion / Re: investment in bitcoin should be short term or long term. on: November 11, 2022, 01:54:32 PM
Eitherways would be profitable. But if you have not that much of a capital, go for short term 'coz long term investment with Bitcoin would require you huge amount of patience given that the market value is volatile, it won't always be uptimes. But also, short term investment required a more precise technical analysis because the market price behavior is changing almost time to time. You need to be cautious of when should you sell and buy to generate profit.
I think it is best for beginners to hold for a long time. It is not suitable for Bitcoin in the short term. The fluctuation is not very obvious, but holding Bitcoin for a long time will bring huge profits. Is now a good time to enter?
Easiest way is to engage with long term investment because it would require you less time of engagement. The only downside is that the market price of bitcoin will not continuously increase in a rapid rate, therefore profit won't be constant.
2729  Economy / Economics / Re: Crypto Currency should be Integrated into School Curriculum on: November 11, 2022, 12:54:07 PM
I think cryptocurrencies are worthy of being used as a curriculum in high schools or colleges, if we start from elementary school, it is feared that students will only focus on making money so they are not ready and are prone to project scams.
Being discussed as a sub topic, yes, but as a main subject? What for? It has nothing much of a contribution to the curriculum. Indeed it is a profitable investment but it won't contribute to your academe, let us deparate that. On economics class or some related subj, it could be used as an example as an asset. There are many forms of investments but why do you guys think only a few (yes including real estate properties), were brought up? Because not all investments are beneficial to the society. Bitcoin at this moment is volatile and free of tax, how will it contribute then?  It has advantages as a currency indeed but let us be realistic.
2730  Bitcoin / Bitcoin Discussion / Re: How important is BTC to the Society? on: November 11, 2022, 12:24:14 PM
To society, it is still nothing much but as an alternative currency. But to investors, it is one of the most profitable asset. We have different perspectives and it is just normal for 'usual' individual to view this technology as something which is either risky or just profitable. Not all people would be interested enough to learn its nature and its advantages as a currency. In fact, Butcoin and other cryptos or this industry in general are still not acknowledge to most of the countries for a reason. One day, once it is recognized by more people, that would be the time wherein it would matter more than what it is, at the moment.
Now many countries have used bitcoin as legal tender, which means that bitcoin has been recognized by the state and widely used by people, and it has become a way of daily payment.

Used , indeed but not widely on those countries. Perhaps in Philippines, there are small businesses which accepts this currency as a mode of payment but not all proprietorship would do the same because they are scared of the risks involved by doing so, and we cannot blame them for that. Maybe it is still too early for this industry. It will still undergo development as years would go by.
2731  Alternate cryptocurrencies / Altcoin Discussion / Re: Does new projects succeed in bear on: November 11, 2022, 09:43:56 AM
Most of the projects are falling during bear market but good ones somehow survives. Maybe it has something to do with the relation of Investors' interest to the market behavior. Whenever the market behavior is downwards, investors are also careful investing their money to projects because it might grab their money down as well. Often, investors are only investing to huge projects which they believe has the potential to follow the uprise movement once bullish trend occur. Well, some investors are still up on choosing projects that might be profitable despite of the market situation. Although most of the projects are failing, atleast there are some which are succeeding. Best ones, I believe.

Yes, Marketing Objectives should bring in new investors, which will drive up prices. Bitcointalk is an important platform for ICOs. You can get a lot of information about ICOs and team members before working on or investing in their projects. But we need to do a lot of research because most of the ICOs end up being a scam.
ICOs are only a small part of a project's promotional strategy. This platform is merely for crypto users and outside platforms are for non-crypto users.
2732  Alternate cryptocurrencies / Altcoin Discussion / Re: The bear market is your friend on: November 11, 2022, 07:24:21 AM
To everyone in crypto currency, the bear market is one market where fuds and panic triumph and reign which greatly affects the prices of crypto currency tokens, and yes some projects do not recover from the bear burdens.



Not until your invested money is always on red marks. Let's be real. No matter how we convince people to just continue holding, invest more while the market is still down, and other gas lighting actions, an investor would be sad seeing the market right now. Supports were broken as its price falls deep. Ofcourse some choose to give up because they are scared to lose more so basically they are trying to cut the losses. Is it the right thing to do? If you are not on the same circumstances as them, for sure you'd say he did a mistake, but if you feel his/her struggle, you'd understand why that investor chose to cut down the partial loss. Investments are simply not for everyone; it requires a lot amount of patience to succeed.
2733  Economy / Economics / Re: How much longer until paper money is no longer in circulation? on: November 11, 2022, 05:04:32 AM
Decades,I guess.
Online payments have emerged, but fiat still has its physical form. I doubt that it would be cryptocurrencies to replace its physical form, but rather fiat as online payments. Like how other people or users in this forum have mentioned, there is always a higher tendency for crypto and fiat to co-exist in the economy, than cryptocurrency alone because of regulation issues. We cannot force it because this industry has a different nature than typical currencies being used on a daily basis.

In my opinion, paper money period will come to an end in the nearer future than we imagine. But in developing countries this will take a little longer, naturally. We may see a faster transition in developed countries. We already do most of our business with credit or debit cards, but there are still places where we have to use cash.
Countries don't want to lag behind in this race, but not every country is the same. For example, our local post office system still use cash here and there is still no option to pay by credit/debit card. How is it possible for the state to make this large-scale transition when such a state institution is not yet able to achieve this integration? There is time for this to settle all over the world, but we can definitely see this step faster in leading countries.
But look on governments' end; why would they use a sydtem of currency which will prohibit them to tract the transactions given that it is blockchain we are talking about? That's why I see blurry vision of this one. However things are subjectfor changes as long as there is a progressive development in general.
2734  Bitcoin / Bitcoin Discussion / Re: Is bitcoin really the future of money? on: November 11, 2022, 03:24:09 AM
Hard to say 'coz if this is the future, there will be a lot of changes to makes especially with different countries' acknowledgement of this technology. There is a higher tendencu for fiat and cryptocurrencies to co-exist in the future rather than Bitcoin and other coins alone. If this would be the main medium of payment, governments will have no access of every situation not to mention this technology being not prone to taxation, which could be issues for future implementation. So I don't think so.

Bitcoin's volatility is definitely not a characteristic of a future money. So rather than accepting it as a natural Bitcoin tendency, it should be treated more as a hindrance. If Bitcoin were to be the future of money, its price shouldn't be this volatile. It's not commerce or business-friendly this way. This is definitely one of the challenges of Bitcoin for it to be widely adopted as a payment method. Although 1BTC is always 1BTC, I still cannot imagine a day in the near future when Bitcoin is totally detached from its fiat equivalent.
Indeed. Stability of market value is a must when it comes to a mode of payment to be used on a daily basis. If the value of the currency moves from time to time, what would happen to local markets then? They can indeed announce a fixed price but during highs, investors won't surely use their holdings to purchase a cabbage (just an example).
2735  Economy / Gambling discussion / Re: Copying Bet From Other Unknown Bettors, Is This a Good Practice? on: November 11, 2022, 02:45:26 AM
Well we cannot say it is a wrong thing to do especially if you have bigger trust with others' knowledge of this game. It is fine as long as you are ready for the consequences. There is only one goal, which is to earn profit in gambling and that includes disregarding who played for your end. In such method, you'll have less enjoyment, so if you're okay with that then feel free to do so if you are really that eager to win. On my end since I am not a hard bettor, I prefer playing and creating my decisions alone 'coz even if I lose with my predictions, atleast I have enjoyed it a little more than asking which team should I bet my money with.
Not a good practice if you're completely blank on the game that you're betting on. At least have some knowledge on the game before betting on it. Even if the one you shadow is a successful bettor, it's better that you know why they came up with that decision, and maybe you might not even need their bets to use as a reference in the future. At least, even if they stopped betting you already know how to make decisions alone.
Well, we cannot blame those users who are using this method. Studying or learning something would consume huge amount of time and money as well('coz you won't be able to start right off the bat). I'd say this is a smart way more of a "if you cannot beat them, join them" idea. Regardless of the method, what's important is to fulfill your goal (either to enjoy solely or make profit).
2736  Economy / Gambling discussion / Re: We Feel All The Emotions When We Gamble on: November 11, 2022, 01:41:33 AM

Do you agree that we cannot stop gambling because it completed all our emotions and do you have other feelings when you gamble.
Emotion is I think different from addiction, it is more of a drive. People or players to be more specific, are having a hard time to quit or dtop gambling because they are addicted into it. Whether it is frustration, regret, joy, or anger; once you are dragged of continuous playing, you'll have difficulties stopping that behavior. Emotions are just contributors of addiction and this is simply the danger of gambling we should all be aware of. And to those new players out there, set limits or know your limits first before engaging to this activity. A loss would be temporary but the time you have spent; lacking attention to more important things, will be permanent.
....Do you agree that we cannot stop gambling because it completed all our emotions


I would say I cannot stop watching sports because of the excitement or thrill.


That is already a feeling; excitement and enjoyment. But what is being talked about here us something deeper than that. It is a battle between what you feel when you are playing and what keeps or pushes you to play.
2737  Economy / Speculation / Re: Is Bitcoin really crashing on: November 10, 2022, 03:39:11 PM
Still surprised?
We've been here for years, definitely we saw lower market value of it. Sell if you must but hold if you can.

There is always a shock that makes the market dim, 2 days ago I was optimistic that the price of Bitcoin could touch $ 22K, unfortunately after there was a locking withdrawal, it made things bad, investors were always sensitive to any issue so that they were easily panicked and made a significant market drop, today is a record lowest price since the last 2 years
It is money we are talking about here, ofcourse there will be investors who would react if it is regarding their invested money. There's still more than a month for the market prices to somehow go up but I doubt this period would be enough for the market prices to fully recover. Let us just hope that its market value won't be at its lowest wherein Bitcoin, as the mother token, will be having a hard time to get a foot back.
Let it go down to $14K. I have some plans. It's been a while I was away from the forum.

It’s not possible for Bitcoins to fell upto this mark. Minimum it will go upto 16k, but not less than that. And currently this market manipulations are done by the big sharks for their own profits, so saying anything about the dip or bear is too early. We need to observe the market pattern before taking any major decision. But currently it will be best if we buy as many Bitcoins as we can, as once market grabs it’s pace, it won’t stop. So we need to act wisely.
Possible especially if the situation will continue or worse, to be worse. Patterns are still blurry at this point which is why there is somewhat of a commotion on investors' end whether to sell temporarily or to endure the pain of seeing how big your losses become.
2738  Alternate cryptocurrencies / Altcoin Discussion / Re: CRYPTO CRASH on: November 10, 2022, 03:07:00 PM
This is not a FUD but a planned attack on crypto universe. Make a manipulation on price and then blame all on FUD. What the FUD is this?
Whose plan then? Whales? Government? It is evident that this industry is also affected with high inflation rate and economic crisis we are currently experiencing.
Most cryptocurrencies are crashing. Many investors have already lost money.
As we all know the best way in the crypto market is to buy the dip, so is it the right time to buy the dip?
It is really a good time to buy especially if you have the money to do so. But if you don't wait for the right time; when there is a continuous upward motion in the market value of cryptos.

This is a bad scenario especially for the small ones out there. It will be hsrd for them to endure the market crash at the moment. We've been through this countless times but why does it still have the same reaction? People panic. To be aware of what is happening is a good thing but to be eaten and pressure by it, is not. FUD or not, be mindful of your actions as an investor. Don't be too risky and don't be to anxious about the market situation. Atleast try to ease down, and take priorities if necessary.
2739  Economy / Economics / Re: Can bitcoin have a positive effect towards a country facing recession on: November 10, 2022, 02:39:40 PM
An economic recession is the increase with unemployment due to the decline on economic activity. So how come Bitcoin would aid this problem? Most of the people will have no job ef there is a recession, so when would they get money to invest in cryptocurrencies? Also, would it be an assured profit? Ofcourse not. It could either bring temporary food on their tummy or leave them in huge debt from enduring market downfall. Many people are confused with how investment and this industry in general works. There's still that stigma that once you've invest not only in bitcoin but also other tokens, you'll earn profit easily. Think of how many investors gave up and reflect why did they quit if it is an easy money.

When a country or economy faces a recession, recovery will be difficult to achieve. Although by introducing bitcoin, it can help in fighting the economic crisis and boosting the development economy.

We have to ask how it can help if put into practice and How did the government introduce bitcoin,?

The spirit of fiat to bitcoin transfers for a country facing an economic crisis is a big thing and must take on political responsibility and not just technology/systems.
Government won't introduce Bitcoin to their people during recession. This technology is free of tax, governments won't make use of it. Even if they would use third party wallet or banks accepting cryptocurrencies, do you think investors would comply using that 'bridge'? There are other ways to get their money from this industry. For sure they'll avoid being taxed by the government, which closes the idea or tendency for such plan to work.
2740  Alternate cryptocurrencies / Altcoin Discussion / Re: This is absolutely Right 😱 on: November 10, 2022, 02:07:03 PM
well in bull market the people could just throw their money by investing into some random investments and still could make some returns at the end of the day, that's why it's called bullrun, but in this current trend, it's harder to make some real returns because most coins are just losing value instead of increasing, therefore coin that could give returns are relatively very few.

Most of the tokens are indeed increasing but I doubt with just theowing your money in random tokens. There will be an increase indeed, but small tokens would still be for short term investments, meaning you cannot just allow your money to rest  on it without needing to pull it out at a certain price point.
Do you know that even in the bull market, people don't know how to make money?
everyone has a different way to profit when the market is in any situation.
if you know, when the market is bearish many traders or short-term investors to get money or profit with all the predetermined analysis. but most people think when the market is in such a situation it is very difficult to make a profit. because they don't understand how to make a profit when the market is bearish, especially people who don't have full expertise in looking for profits in the market.
and one thing you should know that actually when the market is in a bearish situation, it is an opportunity to buy cheaply and can get more money or profit in the long run.
Yes there are ways to earn profit even on bearish trends but it requires hard earned skills to do that. Technical analysis id not something that will be learned within a week, there's more to that, unless you've met people who shares their TA.

Many people are easily carried away by bull market which created the idea and tangled it with cryptocurrency such as "easiesy way to be rich". There are no easy way, period. You always have to make a decision in every market behavior.
Pages: « 1 ... 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 [137] 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 ... 329 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!