I was just looking at this screenshot of the coins 1 year ago (18 November).  The top 3 are still the same of course, though the prices changed drastically, it's still interesting to see the other coins drop off and disappear like that. Can't imagine what next year snapshot will look like. Here is my prediction for the top 10, by the end of 2018: 1. Bitcoin 2. Ethereum 3. Bitcoin Cash 4. Litecoin 5. Monero 6. Stellar Lumens 7. Bitcoin Gold 8. Waves 9. NEO 10. Cardano. |
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It's probably a hedge fund that has invested a small portion of their funds and doesn't understand that you shouldn't keep it all in one address because the blockchain is public and everyone can see what you've done. Or may be a billionaire who just invested a significant fraction of his wealth in Bitcoin? Hedge fund managers are not that stupid to keep all their coins in one wallet. Before they do any investment, they carefully do the research about its potential implications. Well.. my worst fear is that this wallet belongs to some mafia don. |
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I don't agree with paying taxes, but the truth is that I don't have any other choice. No one likes it when the government walks away with a large chunk of their earnings. But we can't do anything about it. If you are not ready to pay your taxes, then you can be arrested and sent to jail for tax evasion (i.e, unless you are a politician).
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I think this is unlikely. If the Etherеum is more expensive than Bitcoin. That Bitcoin will cost less than $ 1000. What the miners will not allow.
Miners are the ones who are killing Bitcoin. Due to their greed, they sabotaged both SegWit2X and Lighning Network. And the transaction fee skyrocketed, resulting in the reduced usage of Bitcoin by the businesses. Now the fee is back to normal, but the damage can't be undone. |
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By plan i mean when do you plan to cash out. Is it when you have made enough to buy a car, a house maybe? or are you setting your sights higher?
Personally i'd just like to own my own home, after that i would just play with spare change.
I don't have a fixed date in my mind. I own more than 20 different crypto-assets and for each of them I have multiple price targets. For example, for Ethereum, my first target is $2,000 per coin (when I would dump 40% of my coins) and my second target is $5,000 per coin (going to dump 30% of my coins). |
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If someone is getting money for free, then why he should be sad about it? I have participated in dozens of airdrops and in some of those campaigns I have received coins or tokens worth more than $1,000. I am happy with them. Anyone who has participated in such campaigns will be happy, unless he is having metal issues.
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Yes it is. If only I have money I will buy many bitcoin as I can. Because bitcoin really gives an income. When bitcoin price went down, I choose to stay and keeps my bitcoin. I hope that before the first half of the year, bitcoin will goes back and renewed its strength. I would recommend purchasing any additional coins only if Bitcoin represents less than 20% of your portfolio. On the other hand, if the majority of your wealth is in the form of crypto (as in my case), then you should seriously consider about diversifying. |
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This is worrying. And these incidents are coming at a time, when the authorities want us to reveal the details about our crypto-currency holdings. I am getting scared of my own security, as I hold quite a few different cryptos.
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I used to support Bitcoin blindly. But after comparing the returns given by both the coins during the last 12-months, I am getting a little bit biased towards Ethereum. Bitcoin is doing pretty good, but as of now it seems like Ethereum is doing even better.
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If you want to hold for more than 12 months, then Ethereum is the perfect choice. A lot of ICOs are using the Ethereum platform, and the user-base seems to be increasing at a good pace. Other good options would be Litecoin, Monero, and Stellar Lumens. All of them have their own unique advantages.
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It is the volatility in the fee which is bothering me. Two months back, I was paying as much as $40 to move my coins and yesterday I paid just $0.05 for almost the same amount. I would have preferred a fixed fee in the range of $1 to $2.
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A lot of the sites have stopped accepting Bitcoin as a payment method, citing the extreme volatility. Actually the transaction fee is quite low now (I paid $0.05 yesterday to move my coins). But the high fee in December made a lot of the businesses and ordinary users hostile to using Bitcoin.
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I have been loyal to ethereum and it's still making a good return on me, so I would likely suggest to invest on ethereum and bitcoin cash they are one of the alternate coins which are stable one, and the like's which can compete with bitcoin.
Don't be loyal to any coin. If you do so, then you will start making mistakes. You need to use brain rather than heart for your investments in crypto-currencies. Ether has given good returns till now. But that doesn't mean that there are no other coins which can give even better returns. |
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It is once again moving upwards. A few days back, the exchange rate was around $5,900 per coin. Now it is $9,800 per coin. The prices have recovered by quite a lot. And the most important thing is that the trend is positive.
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To be honest, I never thought that ETH would ever hit $1,000 per coin mark. But that happened, and the user-base is growing at a very rapid pace. And the best part is that the ETH developers looks like a competent lot, unlike the situation with some of the other crypto-currencies.
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I am not a big fan of Ethereum, but if I need to chose one between ETH and XRP, then I would chose Ethereum. Ripple looks like a scam to me, and it is supported by quite a few of the major banks and fraudsters. Ethereum is not perfect, but at least it is better than Ripple.
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It needs to be seen how long Bitcoin will remain as the no.1 crypto-currency. Nothing is constant or static in the digital world. If something can't adapt with the changing times, then it will be replaced in due time. If Bitcoin fails to adapt, then it will be replaced.
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what makes Ripple different from the other currencies is the fact that it is supported by some of the banks and the Wall-street giants. In short, it is just the opposite of what Satoshi Nakamoto created in the form of Bitcoin. But even with this much support, I am quite skeptical about its future. It has failed to gain users and its market cap (even now) looks inflated.
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Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free
Why don't we ban these sort of users who spread fake news just to increase their post-count? It would be great if Russia legalizes Bitcoin. But that is not the case right now, and we should refrain from spreading false stories. Doing so will only tarnish the reputation of this forum. I agreed with you this post he is spreading a fake news, how come that Russian central bank legalized crypto currencies that their ministry against on crypto's. However there someone scientist in Russia that arrested by Russian police caught who have a miners in cryto currencies. And the Russian ministry said that “Trades with cryptocurrencies have become so widespread, a legal ban on such activity would lead to the creation of conditions for the use of cryptocurrencies as an instrument to service illegal businesses, launder criminal incomes, and finance terrorism,” . So how could you say that Russia legalized crypto currencies? Yeah.. here is the full story: https://www.theverge.com/2018/2/12/17003106/bitcoin-mining-nuclear-facility-russia-sarovIt is unbelievable how these guys (probably earning a six-digit annual salary) are risking their jobs and reputation for a few Bitcoins. It was a defense facility. How come he was thinking that he may get away with it? |
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Japan will definitely become the Bitcoin capital of the world, as the other countries are refusing to legalize the crypto-currency. After 1-2 years, when Bitcoin will enjoy a multi-trillion market-cap, Japan will immensely benefit out of it.
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