I have long forgotten China, 20% is not a problem for bitcoin.
even with that issue people are increasingly convinced that Bitcoin will continue to be popular.
Most of the cryptos lover now know the benefits in bitcoins and will never worry for any such news about china banning bitcoins. Instead even any such news now will boost up bitcoins. Bitcoins have reached our expectations and now is being on the way to huge success. Even some months before i too was imagining the future of bitcoins but now the future is clear and bright and each of the individuals who have invested in bitcoins will make a good profit in it by using good research. China banning cryptos effected some bit to the price of bitcoins but suddenly bitcoins took a pump showing us that they won't stop for anyone. Country banning bitcoins dose'nt affect bitcoins instead the individual decisions do because it is completely in the hands of individual about using bitcoins. The power is really on the hands of the community which if theres a strong support then no matter how a certain country like China would ban Bitcoin wont really matter at all because we do know that they cant really stop bitcoin usage.It may affect the price which we did actually witness back in the past but the price didnt stop there which means we can really stand alone even without their support.Even they are a powerful country bitcoin can still stand on its own feet as long its being backed by lots of users of it.We can already presume a bright future on here. |
|
|
|
I got disabled in US. Although I am not a citizen of US, but I live in US right now.
What was the IP address of the place where you registered from? Furthermore, have you logged in from any place other than the U.S. to this same account? I believe that the location detection could work on either registration location or on the most recent location, albeit maybe it does work on citizenship country. However, I doubt this is the case as Bittrex does not actually have any way of knowing what your citizenship country is if you are not verified anyway, leading me to think that at one point you must have logged in from elsewhere which might have raised a flag for needing further verification. This is just a guess, though. Common cases why bittrex do blocked or disabled accounts because of using VPN which a friend of mine did experience such thing that his bittrex account has been blocked and he tried out what happened and asking regarding any violations that he possibly commit until the support did make some reply stating that it is being logged in on different country which they did disable the account for security purpose.He just remember that he did able to logged-in using VPN which he do explain on them and activate his account back. |
|
|
|
Genesis mining is a sophisticated scam scheme. Their Ceo-s are well known they go on different seminars regarding bitcoin, do a lot of interviews in youtube but when you join them you see the real truth. The real truth is you will never Roi with them as they will keep bringing up new stuff like electricity cost, maintenance cost going up plus the difficulty increasing of the coin you are mining. You should forget Genesis cloud mining and all other services, you will not make Roi with them so better invest your money into something else.
Well, others said the opposite, there are many people stated have reached ROI and gain profits since then. Look at comments above. There are many youtubers have been investing in genesis and give some proofs regards their investments, it takes 6 months for ROI. Genesis mining has launched some videos of their mining farm in Iceland as well, so far it's legit. However, everyone has to deal with a risk in every investment, including invest in genesis due to there are some maintenance costs and difficulty increase over time. 6 months ago ~ $1430 BTC price. After seeing BTC price skyrocket from $1430 to $7000 it's almost impossible to don't hit ROI.  But if people had just held the BTCs on their wallets or generating passive income the profit would have been much higher... True. Genesis is legit company that will take your money and distribute part of them back to you in future. Your revenues are calculated in USD. If you bought hashrate using BTC, you will never get back the same BTC amount. Though on dashboard you will see amazing USD values (given by raising BTC price) you are acctually in loss (compared to possible profits when you would keep holding BTCs). If you bought hashrate using USD, you will never receive equivalent amount of BTC (compared to when you would buy them directly). ... actually there is option the BTC price goes really down (but in this case your contrant will be cancelled as non profitable  ) In other words: it's lose/lose for customers. win/win for genesis (briliant business model they made ... hat down) Your only chance to profit is to get referrals. But ask yourself, do you feel happy promoting such scheme? If so, shame on you. Yes, that is the point, unfortunatelly it's not everyone who can see this way. About referrals: That is why there are several Youtubers making videos about this kind of operation and showing their "ROI successful stories" (as the quote above said). They want referrals to maximize their earnings and decrease the "loss" they have had by not buying Bitcoins and just holding this. This is the method on some people who do make some money on these cloud mining site which they do just put up small amounts of capital then later on they do decide to invite people.Accepting the fact that there are people who do really have the skills and luck on recruiting people.They can easily convince and also talking on videos theres lots of them and as a greedy newbie investor you would easily be convinced specially when you do see large numbers on return.This is really a method on earning just by the use of your mouth or advertising. |
|
|
|
Get your finger off the sell button.
Bitcoin is going parabolic (I said it would hit 10k mid Jan in Aug.... I still see that happening)
And thats the reason for the alts dropping. There is an influx of "new money" into Bitcoin, partially because of the fork, mainly because their are BIG institutional investors that are taking positions.
Since the announcement that BTC futures will be traded many people have taken that as a sign that reads "Bitcoin is real!" -Love Wallstreet
This is a double edged sword.
We are going to see 10k BTC within 90 days. I also foresee 50k by years end. You can't underestimate what the news of BTC futures means to the entire market. I know for a fact that there will be some billion, dollar buys of BTC in the next 6 months.
Some of this will come from hedge funds some banks.
Also China WILL be back in the mix in late Feb. They are currently in a political space that is slowing the prices down, however ICO and more importantly, exchange regulation and legislation is on the table and going through the steps for inclusion/ adoption.
This all equates to FUD on BTC. Please stop worrying. The longer you have been in this game the less we worry.
Bitcoins, alts, even stocks go through cycles. Put 50% of your money into Bitcoin and find some good long term Alts and then sit on your hands.
Alts like ARK, OMG, WAVES, NEO, WTC.... They have great teams, provide a solid roadmap and have real world applications that will fundamentally change things within the ecosystem.
This is the time to rejoice! It's time to buy at 10,20,60% off your favorite alt!
Stop stressing out, and for Gods sake dont sell alts low to buy Bitcoin at ATH.
Repeat after me.
HoDL
Cheers
Wait. Are from the future? because it seems you are very sure on the things on what you are talking on here but i do agree on some points but on the price predictions then those numbers isnt really realistic at all on a short period of time.Reaching out 10k will takes time how much more on 50k? It wont happen on next years but well no one really knows on what would happen ahead but yet we should always think or make some realistic predictions though.The hardest part as of now when we do see bitcoins price increase rally almost all of alts are already on red. |
|
|
|
Hi guys, I would like to ask, what is the best trading site for tokens? any suggestion?
Best trading site would really depend on the coin you do possess but if you do pertain on the most reputable and huge volume of coins traded then poloniex and bittrex would really be those exchanges but if you do mention on newly launched or listed coins mostly it do starts on etherdelta or cryptopia since most of coins being launched are erc20 tokens which we commonly see first on etherdelta for sure. |
|
|
|
Is it better to have 2FA authentication code in your bitcoin site? Ex: Faucets, investments, and wallets?
What is the advantages and disadvantages of having 2FA code in your account? Thanks!
Using 2FA authentication it will make your wallets much safer, for me if you do not store big money for your investment site or wallet do not used 2FA it will makes complicated if you are using more divices but this is very useful for now to avoid hacker because using this kind of security you will be complacent that you money will be safe. That is why most of my wallet has 2FA authentication because my wallet is like my trusted bank ill save money as my investment. Thanks for the extended comment. I also use two-factor authentication, but in nuances I do not understand a lot. What thing you dont understand regarding on 2fa? It is just like an added security layer into your account for more safety against hackers and people who do try to logged in your account. I would always suggest to put up 2fa anytime specially if we do have large amounts of money on a certain site.To tell you honestly this stuff did able to save me how many times because lots of unidentified log-in attempts do happen into my accounts.Lets say 15-20x on all of my accounts which do have money,i dont know how they did able to get some credentials in able to logged in but this 2fa did able to save me up. |
|
|
|
Its not actually surprising for this kind of news which i do already anticipated that some government would really act such thing which they would banned bitcoin and would threat its citizens to punish if they would plan to violate on such rules and regulations by them but i would say no matter how indonesia would decide to prohibits its citizens then im sure it wont really be completely stop knowing bitcoin transactions can be done underground or untraceable.If they would try to trace then its near impossible which they would realize later on that it is not really effective at all.They might not able to use on their country but yet they can still able to make money. |
|
|
|
How do you think, will states be able to regulate the crypto currency?
Firstly every country already has its own currency which has to be regulated regularly .So, regulating the cryptocurrency will be really difficult for the country or the states to regulate it. Also, cryptocurrency is independent of these rules and regulations and will remain like this only. There is very little chance that states will ever regulate the cryptocurrency. Actually the government can easily regulate the use of cryptocurrencies. We are helping them in this. Instead of trying to unite and fight against interference of the government in the cryptocurrency market we are discussing how best to do it. Actually voluntarily giving power to the government over them. Then why all this had to start. Use only Fiat. It legalized. Even if you do say to support the government but most of the time we cant really trust them because they can make any plans anytime as long as they want which would really oppose on the things we do want to happen.They can really regulate cryptocurrencies just try to look at on the thing happened on the country of Japan which they did able to regulate bitcoin but not totally making it as a main but just an alternative way payment system.If its possible into their place then why not on other country? It would really just depend on a certain government if they would like to they can really do it. They cant control decentralized stuff but somehow can be accepted and adopted and making use of it. |
|
|
|
So here is how poloniex dealt with BCC fork: People who had any bitcoin on August one in their polo wallet, received equal amount of BCC from poloniex.
Which means if someone had 1 Bitcoin in their polo wallet on August 1, now he has 1 bitcoin and also 1 Bitcoin Cash in their wallet. So technically, they have given free multiplication to bitcoin funds of people who had it on their platform. I mean they can sell their BCC(which is now over $600) and increase their total worth or bitcoin.
Now my question is, why would they do that? And if they did it. Can we do the same with out bitcoin on our wallets too? Is it possible?
I thought we can only have one of the two, I mean we can only convert our bitcoin to BCC, but to have both is certainly a bonus, isn't it?
yes because here millions of people investing every day so most of the people trying to invest and earn profit from here. for that reason every day in polonix number of people investing and here we have to keep hold this coins long time and after that we have to open this account then we get idea about this. and you have bright future your next generations also want to become rich so for that you have to invest in to this polonix wallet. up to now no one hacked to this account so it has great demand. First of all you should not necropost since this thread is already 3 months old and its already being answered completely on those people who post earlier.Next one,your post is not irrelevant on the topic itself if you do tried out to read up op's question then for sure later on you would realize that your post doesnt have any sense at all. The question is really an easy stuff to answer though.If theres a fork then poloniex would normally credit or give the approriate amount to its users.Its not actually poloniex made people richer. |
|
|
|
|
Why do there are lots of newbies discussing putting up money on the imaginary project? They are talking already millions on their investment. Seriously? and the thing here is that a billion dollar project thats huge but in OP didnt mention anything about the project if it would be worth it or not and later on newbies telling that they would plan to invest? I do suspect those are just alts. No clear projected plans, no image no background= SHADY stuff. If its real then those investors who do live on nigeria would only invest on this one not on those people who are on this forum for sure.
|
|
|
|
It should be noted that Bitcoin is not the only potential reserve currency. All cryptocurrency is, especially more anonymous ones like Monero. A lot of people are switching to Monero as I type this, because it is actually 100% anonymous, whereas Bitcoin is only pseudo-anonymous which means if the government wants, they could track you, but with Monero it isn't possible.
Agreed with you, bitcoins could be considered as pseudo-anonymous but it will be really difficult for the government authorities to trace the origin of the bitcoins transactions, though it is a peer to peer network. Yes, there are many other cryptocurrencies, but only bitcoins has the potential to became a reserve currency. I think bitcoin gives us more stability and security as compared to other market currency. This is why people choose it more often. Not everyone will start agreeing to put the money into Monero for reserving it in first place because it might not as safe as bitcoin is. The market cap also plays a role while doing this because it makes sure which currency will sustain longer than the other to call it as actual reserve. The more the market cap the longer and safer zone we capture here. So now we are having bitcoin as the potential candidate and believe it will be same throughout all the years. I do believe on security but on stability i would say we cant still be sure since we do know that bitcoin isnt backed by something like on other fiat currencies on the world and even on gold too.The thing we can rely on is that bitcoin do have a strong community support which we can really somehow trust bitcoin to sustain for longer years to come as long community would really make use of it. Reserve currency? Wont really be fit on bitcoin but yet it is a good digital currency which can possibly give us future profits if the trend would still continue. |
|
|
|
As tittle says, my friend does have a broken laptop with 200 btc in the offline wallet, it was since 2014
so I need help on how I can take the hardware out and get access to the wallet from another computer by inserting the hardware inside the other computer
You can still possibly recover those bitcoin of your friend. The laptop might be broken but the HDD is still fine then high chances on recovering it would really be there. 200 BTC is not a joke amount.Just unplug the hdd of that laptop and plug in on another to see on the files being saved on there but i bet it is just there as long it didnt get wet or do passed out by some calamities.You can still recover those bitcoin. Good luck buddy on recovering those coins. |
|
|
|
Remember, scammers are always two steps ahead of you. They are so creative to make the new way to scam others. One way not to be scammed is to be careful not give your personal information to others, be cautious about personal surveys like what is your digital wallet, how much bitcoin do you have or any question that is not directly pertaining to your personal information, but the truth is it leads to your personal info.
Surveys isnt bad as long you are not disclosing the most important informations regarding on your identity or any keys that would let them access your wallet or other things. They are always evolving creating new ways of scamming.If it seems that their methods are already been known then they will create another new one which isnt familiar to the public but we can actually avoid these stuffs if we are really serious on researching on things and keep on reading on the latest updates on possible new scams that do exist recently for you to be aware. |
|
|
|
Hello, Friends...
I Recently listen about the ICO (Initial Coin Offerings)!But I'm confused, Is it a Right Investment or Not?
Anyone Suggests me!
yeah why not? do not get into your head those fuds regarding ICOs, there are a lot of excellent to decent ICO out there and most of them can give you a profit, in my opinion investing in an ICO is one of the best way to earn in digital currencies. If you did hit on the right project then you would really end up on smiling since you would really make some good profits but if not then you would end up on crying on losing your investment. Success rate would really be lesser if you do tend to see the current number of ICO do launch every now and then. Choosing would be a tough job already for us investors.Its a good investment if you do know on selecting the good ones. |
|
|
|
Transperancy mostly. Its also good when the team is active on social media.
Transparency would always be the thing when i do invest on new altcoin.They should not active only on social media but also into this forum and other websites.They are active on their marketing and they are active on giving updates regarding into the project.This is the thing i do like to see on a new coin which we can really somehow convince our selves that we do hit the right project. |
|
|
|
So true. Investing in btc as well as investing in stocks or property. Setting up a child's future with btc is my way. Because, btc or exactly cryptocurrency is a great place to make my money grow better.
Actually it was a good idea to start saving bitcoin for your children's future. The true essence of being a parent is to do his/her duty as parents by providing the needs of their children, giving them a good quality of education and be able to grow them in a nice and peaceful environment. And thinking about investing bitcoin for children was good start to provide their needs. But, since Im not a parent yet so I must considerate it for my future children. As a parent we would really be always thinking off on how to raise our family which we would really do the things that would even secured their lives and insured them not to mess up on those times that we are gone already on this world and with bitcoin it would really be possible to keep and save up some of our earnings as of now and would really be just for their future. |
|
|
|
Holding of gold is always better than BTC in long run as market price of gold is stable and always increases but on the other hand BTC is highly unstable and you don't know when its market gonna go high and when its gonna go low. Also, in my country every house holds gold rather than BTC as its like a tradition and they believe that gold is good investment.
When we see the history of bitcoin the price growth is much better than the gold,so i think bitcoin is better than gold.Like you said the bitcoin price is highly unstable but when we see the long run it increases always.It will continue to rise untill there is demand for bitcoin.The difference is gold is an physical object but crypto is in digital form but we can convert in to fiat or we can use it to buy products but in gold when we change gold into fiat the loss is very high than compared to bitcoin. They do really have their disadvantage but when it comes on how strong the support then i would go for gold since its really being backed and knowing it can be mined physically.When it comes on price movement it is really far on bitcoin but yet this thing is been here since the beginning of time which we can really presume that this is really also a good investment.If you do have the money then better choose 2 than on 1. |
|
|
|
Hi All,
Do you think buying pre-ico UTRUST tokens are bit expensive because the price is approx:
1000 tokens for like 0.2 BTC.
Would it be wiser to wait for the exchange where it could be cheaper?
Thanks
If you want you can wait until the coin hits the exchange now many coins begin to trade at lower than ico prices, then people get desperate by this situation and they begin to sell driving the price to an even lower level so that seems like a good way to get cheap coins. Makes sense. This is what I'll be doing Wisest thing to do as of now on these ICO investment days on which i do always tend to wait up even further for a coin to hit exchanges even on pre-ico rates you cant still be sure if you would able to hit profits when those coins hits on exchanges too.Sometimes or most of them do really decrease on its value when the time its being listed which means those less % on pre-ico isnt really a guarantee for you to put on safe side. |
|
|
|
Not a surprising stuff actually i do already anticipated such thing this situation did happen also on bitcoin cash.remember?After the forked it did affect the price.Dropped downs are normal and as being said above people do tend to pull out their btc and going back on alts as we can see most of them are on greens as of now which it justifies those assumptions. |
|
|
|
|
Show Posts
