I've used escrow with a few transactions with shady people, and it totally saved the transactions. Other people have done transactions with these same people, without escrow, and suffered losses. Escrow is ALWAYS a good idea, no matter who you are trading with.
You're absolutely right! Any transactions with Escrow will give you peace of mind especially, nowadays that we are using Cryptocurrency on buying some properties and other products and services. Virtual transactions with Escrow is quite our assurance and protection. |
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I normally write a daily plan with time frames for each activity, try not to overcome limits and spend at least a minute to any of the tasks!
No matter what kind of strategies we do whether it is a daily plan or a calendar and many more... I believe that it is important to have a Self-Discipline at heart. Just my thought... |
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Bitcoin is quite a trend right now. It is very relevant nowadays since it uses Blockchain Technology that makes it transparent, with lower fees and high efficiency in terms of speedy transactions.
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If we are talking about Fear, everyone has it but everything can be managed. Bitcoin is something that is not controlled by a single person or a single group. Fear, Uncertainty, and Doubt (FUD) are everywhere. Some group of people intends to do this to buy bitcoin at a very low price but I am still positive that Bitcoin will rise up again someday.
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Seeing Bitcoin on another dip today, kinda surprising because It hought bitcoin will be having a huge breakout and recover from its dip to at least $15k this month. I think the market is already bullish then all of a sudden price goes down. I wonder what made the price crash this time. Have not been updated since the other day so I guess I have to read news again and know the reason behind the current dip.
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Well they told us to hold so that we can maximize our profit. If you check bitcoin history, you can tell that those who hold from early days till now is definitely enjoying a huge profit. Remember the days when they bought Bitcoin at 100 dollars? How much profit do they get if they sell now? That was huge! Same thing to those who bouught at $1000. So it is safe to assume that holding bitcoin now will give us more profit in the future.
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Hi guys.
Out of curiosity, what are you earning with bounty campaigns?
I think I'm somewhere near 1K USD/month, but I guess there have to be people here who are earning lots more.
Kind regards
The higher the rank of an account, the higher it gets from the stake. I known someone who earned around 15k USD in two months time, that would be 7.5k per month. Though this still depends on the success of the project ICO. So I guess earning around 1k USD per month is just normal in a successful ICO. |
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Well definitely ideas is required, make it unique and doable. Have a solid team and a good effective roadmap. It also helps to get legal documents regarding your project. Get a good marketing team, and be reasonable with bounties. Too much bounty can ruin the price of the token and will also affect investors.
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Bitcoin is slowly in the recovery state...
I think it will hit the 15000$ mark by the end of this month..
Is that so?
It seems Bitcoin will fail to hit $15k by the end of this month. There is only a few days left for February and all we can see is Bitcoin going down again after its recovery. Some said it is only a correction and I hope it is and not another crash price rally. I guess Bitcoin will be around $10k a $5k short from your prediction at the end of the month. |
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Bitcoin prices are hard to stabilize. Daily price fluctuations according to market movements. At the height of the rise, it descends quickly. I also want the bitcoin market to be stable so people can invest and get richer.
I agree fluctuation is for all currency and cryptocurrency but lately the range of fluctuation of Bitcoin is somehow staiblizes, though I saw a recent drop in Bitcoin price. It is really hard to predict Bitcoin movement. We are all into thinking of the bullish phase of Bitcoin but now.. we can see it going down again. |
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Government needs fund, and the way government to get it is to tax people. Now the question is, where does this taxes goes, developed country have a very good way of using the tax collected from people, jobless have pension, senior citizen have pensions and lots of free services, and this is where those taxes goes. Basically the reason is that people wanted to have these free services and pension when they are in need so that is why they are willing to pay taxes to the government.
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If an entity is large and powerful enough, is it possible for it to gain a monopoly advantage and manipulate the rises and falls of the virtual currency market?
I seem to know there is a case like this one of the big market and its end seems to have closed because it unravels the case, it really will make the loss of the players in the market that they manipulate the price, I think it's an unfair game. Well, life is unfair, as you can see not all people are born rich. Same goes with trading and market manipulation. There are several people who have access to a huge amount of Bitcoin because they are an early adopters. These adopters are autmatically became billionaires when Bitcoin skyrocketed and since they have the money and Bitcoin, they can easily stage FUD and hype on which they prefer to maximize their profit on the market. |
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If you have the correct hardware and affordable electricity prices at you place , then I would say mining could be quite profitable too.
But trading could get you a huge profit for your investment. On any day I would go with trading over mining. Cheers!
I go with these but if your electricity is expensive, I think it is better to learn trading. These two option, trading and mining have different set of risk. The only difference is that if you buy Bitcoin and trade it, you actually hold your reward, while if you setup a mining rig, you are waiting for your reward to get ROI. We can get bankrupt on both option, but if you manage to learn trading than setting up mining, it is more earth friendly since you do not have to open up a sets of gadget and start producing heat. |
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I admit, I am not btc savvy enough to know all of the inner workings of the blockchain.
Only recently 16 million Titanium bars were stolen from the company's accounts.
So I would like to learn why it is so difficult to trace a criminals whereabouts through his wallet address?
Millions in bitcoins are being stolen, people are tortured for their wallet adresses, but in order to make use of the stolen bitcoins, the coins first must be transferred into the criminal's bitcoin accounts.
But from what I heard bitcoin transfers aren't anonymous, isn't that the reason why privacy coins like Verge were created in the first place?
So why can't the authorities trace back the criminals through their wallet address?
And why don't people use privacy coins for bigger bitcoin transfers, because from what I read criminals watch the blockchain for big transfers to trace rich bitcoin holders.
But if this works, tracing rich people by their transfers, why doesn't it work the other way, tracing criminals through their transfers?
Could someone help me understand?
There is a reason for this, one of the reason is that the stolen BTC had not been moved yet, and or they are selling it through p2p. But once they had used any exchange platform or trading platfrom that requires KYC, they can be easily traced. Remember the case of one of the owner of a torrent site? He was traced using Bitcoin address he used in collecting fees and exchanging it on/using an exchange platform that requires documents to prove identity. |
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In my own perspective, I see bitcoin as another cryptocurrency that will be regulated by the government. It is a good mode of payment because we can pay stuff online without going thru bank or any financing company. And I can see it increasing in value as each country learned how to regulate it and accept it as an alternative mode of payment.
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Well, apple founder may had sold all his Bitcoin and this only means, there is more people getting in the train. Imagine a single person getting out of the train and several people getting into the train.. This means bitcoin market is spreading, more adoption and more people that will support the Bitcoin Market. I never thought this stuff as bad news but rather a great news because several people replacing a single person is actually better.
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Fear, Uncertainty and Doubt is lurking the cryptomarket now, but this is intentionally made by those who wanted to get bitcoin at a very low price. Just you know, OP have shared a very important facts about Bitcoin crash and being able to pull itself up and break the ATH is also shown there. If you have seen this kind of stuff, there is no need to worry just hodl during the crash and sell at peak.
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Everyday, more and more fud are being spread all throughout the internet because of the recent happenings on bitcoin. Which causes the prices to decrease even more. Even when they do not have enough knowledge about bitcoin peole believe them because they are famous. I think this will be bad for bitcoin. Specially for newbies that only bought bitcoins for greed and don't understand how it works. They will surely panic sell and also spread fud about bitcoin because they lost capital because of their stupidity. This really is a but scary. But i sure won't be selling my bitcoins no matter what.
Best thing for you is to shutdown your news feed and hodl your Bitcoin. Fud will pass and market will turn to bullish again but once you sold all your BTC during dip, you will need to reenter at the higher price. About people not having knowledge, you can take advantage of it and book profit yourself. It is not your fault that they are not doing their assignment. Let them learn their lesson the hard way.. And make profit out of it. |
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It's a normal correction don't worry. It always happens from time to time. Just hold your BTC because eventually it will rise again.
Yes its normal. Dont worry that bitcoin price is going down because it is just temporary. Seems we have some serious decline from around 20k USD down to 12kUSD.. I just hope this is not another 2014 - 2015 run.. We all know history keeps repeating itself, I hope this is 2017 - 2018 run instead.. Anywhoo, let us just wait for the next price movement. |
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Say one has to send 35 dollars to complete a transaction but the priority fee is 25 dollars. Could one send the 25 dollar fee plus add an extra 10 dollars to make it so it all adds up to 35 dollars? This way so one doesn’t have to send a total of 60 dollars?
I believe fees is calculated separately. The amount to be sent should have extra payment for the transaction in order for the transaction to be processed. I agree that if you want to save a huge amount, you better persuade the other party to accept altcoin and convert them on the exchange once accepted. |
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