You can tell me anything what's bitcoin worst enemy is...
Mine is, government!
Bankers are the real threat, bitcoin in itself is not a threat to any government, the threat of bitcoin is against banks and their interests, so it makes sense they are the ones that are going to make the greatest efforts to stop bitcoin, they have tried to stop bitcoin adoption by canceling the accounts of some exchanges but it seems they are going to use their greatest puppets, the media and governments. |
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What's your opinion, will Ethereum reach $1000 some day?
I do not think so, in theory it could, but it is my opinion that despite the fact that some people thought Ethereum was going to overcome bitcoin I think the opposite is going to happen, new smart contract coins are appearing that are easier to use and since I’m not aware of any killer app designed in ETH it seems that the path is open for any other superior technology to overtake it. |
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yeah my bad, it is at $8.6 mil already. Should punch through the $10 mil easy  Yeah almost at USD $9,254,059.00 already! how join ? end ?
You can still join the ICO,the sooner you join,the better bonuses.ICO ends on 15th September.You can visit the following link to become a part of the ICO : https://ico.bitdice.me/en/ What's the final best guess?! $15 mil? $20 mil? ...? Maybe it will be nice to create a small..."guess contest" about this!  I'm sure that Bitdice fans and supporters will be excited with such contest...  It is a gambling site after-all! In all seriousness at nearly $10 mil and growing there has to be some exchange that wants to list it! Getting listed on an exchange is not only a matter of how big is your market cap, it’s also a issue of your connections with some of the owners of those exchanges and it also has to do with their own policies, if I remember correctly there are some exchanges that are very careful with coins that give dividends or anything similar to that, however since the BitDice Casino is well established I’m sure they will make an exception to this.Bitdice token will never be listed on big centralized exchange(bittrex,polo etc..), they don't list divided token. it can however be traded on decentralised exchanges(like ethfinex,etherdelta) or smaller exchanges(liqui,hitbtc etc..). If that happens, and there is a chance that it does since I have seen other tokens be rejected for this reason, then I suppose we will have to trade in smaller exchanges, I do not mind, since I have no doubt that this project is going to be successful, and we will be able to make money in two different ways, through the dividends and the appreciation of our tokens. |
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I am new and jumped all in...what I lack is exit strategy.
Not a full EXIT but to secure some of your "gains" to real earnings. OR...where/how to convert to cash when you expect a major dive so you can re-purchase when it is low.
Anyone have good tips when and how you do it?
Maybe I got you wrong but people were writing about selling btc for fiat, whereas I really thought that you meant exit in trading. I think it this case it's best to decide the profit for each coin in advance and maybe just set them for sell right after buying on the prices you expect them to reach. If you invest $100+ then I guess even 15-20% profit is really nice. If you are a small investor - aim for at least +100% for it to make sense. This strategy will help to win from trading and minimize stupid losses. I think he is asking about both, he is asking about how to perform an effective exit strategy when it comes to trading and how to cash out his bitcoin, about the trading part I’m not an expert and I do not like the idea of holding extremely volatile coins, I prefer to play it safe and hold for the long term, that way I do not have to deal with the stress of having to watch the markets all day. |
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I wouldn't be surprised if we see a bear market until the next halving. I'm guessing low $2000's.
If the fork happened I do not have a doubt we are going to see a bear market for quite some time but I think it is not going to last as long, segwit is already activated and the next step is the lighting network once that gets activated the market is going to be very bullish once again since that will allow bitcoin to process as many transactions as any other system, so we will able to use bitcoin as we use any other fiat system. |
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In a 49% chance expect a losing streak 50+ even 1 BTC is not enough if you are going to use martingale as your strategy even if you start with 1 satoshi. There are many better strategies than martingale. Sometimes you need to combine some of strategies to make a better one but you can only use it sometimes because if you will do it everyday in the end you will lose every balance you have.
yes that is true , people should realize soon about the danger using martingale. otherwise your money will get burned no matter how much available. keep doubling your bet are not the best and smart way to gamble , it is just make your situation even more messed up. everybody nowadays have know already about this , don't get greedy and make a stupid martingale useless strategy. People get fooled very easily thanks to their greed, some promote martingale as a strategy that wins 99% of the time, people see this and get excited and think they have found a way to beat the casino, but what those people never tell you is that when you hit that 1% you are going to lose your entire bankroll and that is why we got so many stories about people losing their money with such a flawed strategy. |
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Waves is a scamcoin and scam platform to facilitate scam icos.
Best is to stay away from it.
Waves more than anything is a decentralized exchange and we need at least one that works as good as a regular exchange but that it cannot be took down as easily as centralized exchanges, a government only needs to confiscate a few servers to destroy an exchange, decentralization is the only reason bitcoin has survived this long and I think it is imperative that exchanges operate in this way as well, no only to protect their customers but to protect themselves as well. |
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You could just try to buy atleast 20 bitcoins now or buy few more to sum up to 20 bitcoins and wait for 5 years atleast i can guarantee you that you will be a millionaire just remember to hold your bitcoin don't panic if the price drops it will recover whatever you do just hold a good amount for a long time and millionaire is a guarantee
I do not know if 20 bitcoin are going to be enough to become a millionaire in 5 years since that will mean that each one of those bitcoin will have to be worth 50000, that is more than 10 times the current price and it seems unlikely that we are going to get to that price that soon but maybe in 20 years 20BTC will allow you to be a millionaire. |
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I think SONM is undervalued but at the same time I do not know, it seems one of the developers abandoned the team so I have my doubts they are going to be able to deliver on their promises, and that is why I’m not investing in it, if they can deliver, then I think they could easily go up 50 to 100 times its current value but this is something that seems doubtful, I think there are bigger chances that the developers abandon the project. |
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if someone has 100 BTC, he is a billionaire. so if someone currently has a lot of bitcoin, then he will be called a rich man, and he will thank to bitcoin.
Someone holding 100 BTC is not even a millionaire right now, but it is well on his way to get to that, probably the only person that is a billionaire is satoshi and the irony is that he cannot access any of those coins because if he does then everyone will try to track him and also that could undermine the confidence on bitcoin because that could be interpreted as a lack if trust in bitcoin coming from the founder. I think it would depend on what country are you coming from. For some, 100 BTC is not enough to become a millionaire but for some its a lot of millions already. Bitcoin has given the people a hope of being rich one day and for those who are already rich, they are really lucky getting in early cause they don't know what the future will be and having a digital money before that has no value is kind of amazing. Many people wanted to go back to the time when bitcoin is still cheap but then it's better getting in late than not knowing it at all. I was thinking in terms of dollars since that is the most common comparison that people make but you are right someone holding 100BTC may be a millionaire in his local currency, and since living standards vary from country to country everything could be cheaper there, from food to property, but even then I think it is too soon to spend our bitcoin this is still the time to accumulate all the bitcoin that you can. |
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What I have noticed before is this : People set certain goals and when they reach that goal, they adjust their goals to something else. Some traders might set a goal to reach a $5000 bitcoin price. They will push fiat, until they reach that point and then they will sell and this is probably when you see a correction. < people taking profits at a specific price point >
Then they set new goals < $6000 per bitcoin > and the process are repeated.
You're right on this, this is very similar to a loop or cycle. The things are repeating themselves. We saw correction after 5k $ and now we'll probably targeting above 6k $. After that, we'll see another correction, and then we'll target 7k $. That is true, but each looping takes too much time to happen, when the correction comes we usually see the price increasing very slow, stable or decreasing and recovering everyday a bit only. The cycles are made of loopings and always go up on long term, but they don't happen so fast (at least until now they didn't happen so fast). I believe the price will stay around $4000 (or a bit less) for sometime. The reason for that is that we need more and more money for bitcoin to go up in price and until adoption becomes bigger, then the rate at which the money enters bitcoin depends largely on the efforts of the bitcoin community on expanding the awareness of bitcoin, but I think this is going to change when bitcoin is able to once again perform the functions of a currency thanks to the fees going down due to segwit. |
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This is a great idea. If we advertise about bitcoin on TV people will able to know about it. Maximum people are unknown about this. TV will be the best way to let people know about it.
I will also appreciate this idea because advertisement is the most authentic way of promoting something, and by doing this more and more people will know about bitcoin in a very short time, and then they will also accept this digital currency as a legal currency. By this way bitcoin will take short time in prevailing the world over. The governments will also think about this to legalized bitcoin in their countries. Advertising something is not the most authentic way to promote something, word of mouth is, which is the dispersal ideas from one person to the next, and thanks to social media word of mouth has become a lot more powerful, bitcoin is not something that you can advertise the same way companies promote their products, bitcoin is a network and it needs to grow slowly similar to what happened with other internet companies like facebook and google. |
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Initially when I joined the Bitcoin market, a lot of people condemned me because this market was all scams but when I showed my daily income proofs, everyone asked me how to earn Bitcoin and I definitely do not answer because they do not completely support me
For me. You should not do that because Bitcoin may not be recognized at your country at the time. I think you should share them more knowledge as the Cryptocurrency market will certainly be applied in life Personally, I disagree why you should be kind to those that doubted you, they do not deserve to get help from him, if they want to learn they can do it like most people did here in the forum, by themselves, it is a longer road but those that are able to persevere will be able to find a way to make money, those that do not persevere will not make money no matter how much you could have helped them. |
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If you guys take a look at other coins, all of them had a fairly sizable drop on this recent run of Bitcoin shooting up. Not Nexus though, very little movement! Very interesting.
This is natural, if a coin pumps then some will care but not everyone, but when bitcoin pumps everyone notices it and most liquidate their positions in other coins to enter the bitcoin market, when things go back to normal you will see the altcoins that went down in value to go up once again and most of them are going to reach their previous price they had when compare it to bitcoin. |
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can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
you have to make your wallet password very complicated so hackers are not easy to break it. if you are still in doubt, you can also save it in offline wallet so internet hacker network is not connected to your computer. Security doesn't necessarily always mean about passwords. Passwords that are long and have various symbols like letters and numbers, capitalized or not cm be decoded now by a program so it loses the sense of creating a complex password for better security. The best way to secure your bitcoin is to store it on offline wallets and not just one wallet. Make it several so that if 1 wallet is hacked you won'tbe losing everything that you have  Correct, passwords are important but that is not everything, around the world the most used OS on desktop computers is windows, but most copies of windows are running pirated software, and most of the time, pirated software has virus and key loggers so it is a mistake to install a wallet in such a computer, sooner or later a hacker is going to steal your bitcoin. |
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I am new and jumped all in...what I lack is exit strategy.
Not a full EXIT but to secure some of your "gains" to real earnings. OR...where/how to convert to cash when you expect a major dive so you can re-purchase when it is low.
Anyone have good tips when and how you do it?
My exit strategy is to not get out until bitcoin is accepted everywhere and no one makes a big deal out of it, at that point bitcoin will be very valuable and I hope to have a good amount of bitcoin saved already, if that is true then I will buy some properties and rent them and I will retire immediately, since there are a lot more things to do in the world than working to earn money. |
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Hi All,
An considering buying 5 top cryptocurrencies and storing them in a wallet till the prices are up then I can sell them.
Please, kindly recommend any 5 crytocurrencies that has a promising future.
Thanks
If you do not have an idea of which coins to choose yourself then you should not invest, it is that simple, this reminds me of the Warren Buffet quote that says that you should not invest in something you do not understand, you will be risking your money, do everything you can to learn how to tell when a coin has a future and when it is a project that you should not invest a single cent. |
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i thin bitcoin will be $8000 in november.if segwit2x could enable a second hard fork,after the hard fork bitcoin price will up or maybe double.this is my opinion.
For now, there is no major bump in the way of Bitcoin - the road is clear, so we would likely be seeing new ATHs from now till early November, when the hard fork issue would come to for again. Knowing that the proposed hard fork would be to replace the present codes - not supported by many, will be the factor to halt the present bullish run of Bitcoin. By November, I expect Bitcoin must have made a peak value and receding. I think we are going to see a halt on the bullish sentiment of bitcoin a lot sooner, similar to what happened to the previous fork where the decrease in price did not came when the fork happened but in the weeks prior to it, but I hope that as time passes the miners begin to withdraw their support to such a drastic measure since things are going to get even more confusing to newbies with three coins calling themselves bitcoin. |
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Are there serious investors looking at BCH?
Not that I know, most people that are interested on BCH are interested on it but only as an speculative instrument, they are not seeing the merits or demerits of the coin they only want to make money with it and I cannot blame them since that was the reason that coin was created and which show to us the difference with the true bitcoin since bitcoin was created by satoshi to give freedom to people and not to enrich himself. |
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Things are getting worst than worse with government and bitcoins. If anything like that happens, we will again get stuck in the same place where we are right now. They will be controlling our money, we will have to pay taxes, everything will remain the same except the fact that then it will be just in digital form. Kill me before that day, please!
I was thinking like you until I realized there is one major difference : new Bitcoins can't be created from thin air as they do with regular currencies. But yes, they will do their best to recreate the situation we are now. Bitcoin inflation, the rate at which coins are mined is halved every four years, while inflation in fiat is controlled at the discretion of politicians and bankers this is what makes bitcoin attractive you have a very good idea of how many coins are going to be created in any given year so there is transparency but we do not know how much money a central bank is going to print. |
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