Most predictions out there are saying to long on BTC, probably they are all looking at long term. My studies says there might be a pull back for short time.


Article source: https://coinswitch.co/news/bitcoin-price-prediction-2020-2025-latest-btc-price-prediction-bitcoin-news-update

As per this Bloomberg analyst predicted Bitcoin to reach as high as $20k this year, and that has been defended by many crypto enthusiasts.



If that is the case we are left 6months to complete off this year and long would be the best thing to do.

Why are you wasting your time on his predictions. You know they are not worth a traders time. Just move on.

That is only true for next 4 years then again it will be reduced half of it. As halving was last month.

Bitcoin Halving is the phenomenon by which the miner reward keep on halving, or decrease by 50% after every four years, which happens after mining 210,000 blocks. Satoshi, the creator of Bitcoin wanted to create a system that would be self-sustaining, similar to gold mining. So, in order to control supply, he came up with the method of Bitcoin halving.

BTC Halving in 2012
On November 28, 2012, on the production of 210,001 blocks, the mining rewards dipped from 50 BTC to 25 BTC. After a year or so, the Bitcoin price smashed to 1000 USD. As the market is ready and knows beforehand about the event, the impact on price is bound to be negligible, and hence will start applying the reduction rate to the price gradually.

BTC Halving in 2016
On July 9, 2016, the second Bitcoin halving took place, with an all-time surge of around $19,000, which reached 20,000 USD by December 2017. Before the 2016 halving, the BTC price fell as low as 200 dollars per coin and the mining reward dipped from 25 BTC to 12.5 BTC. But right after the halving took price, the price started rising exponentially.

BTC Halving 2020
2020 is most likely to see a similar change for the Bitcoin price, where the miner fee is going to be halved from 12.5 to 6.25. It is going to take place on May 27th, 2020. The crypto enthusiasts have participated on twitter saying they believe that the Bitcoin price will be skyrocketing during the BTC halving stage. To be precise, 61% of 2500 accounts believe that the price will soar from now until the halving, while 25% believe that the price increases will come after the halving.

Read more detail from the source: https://coinswitch.co/news/bitcoin-halving-2020-bitcoin-halving-explained-read-more

Currently Bitcoin is ready for halving and that means that the reward that one use to get for mining will be halved. Bitcoin mining also need high power, solve complex hash problem and you need to have GPU or an ASIC.

You can know more about halving: https://www.youtube.com/watch?v=GNFMIXNW48I

Instead if your aim is only about time that you have in the lockdown time you can gain knowledge on blockchain and cryptocurrency. Then once you are able to get enough knowledge you can probably become blog writer, trader, start your project etc.,

You have signup for Bitcointalk so that you can ask any question while you are exploring this technology there are many specialist here they will give you much detail insights.

If you check the proposition of time you invest to get one such bounty that can be profitable is not worth it. This is my personal opinion. Bounty are not my cup of tea and I would not suggest one to waste time on it.

I think you can list your coin at http://coinswitch.co/ they have already 400+ coins listed. You can check with them.

If you share the same list of threads on giveaway thread then you can earn lot more merits.

Only your Bitcoin address to receive coins nothing other than that. If you are new please read about pass phrase, private key, password management. There are too many scams in an out if a day they scammers can give you a greedy offer and can get details(private key) of your wallet. Be aware.

Exchanges in a general term can be called as the liquidity providers. They are the platforms where buyer can find the sellers bet and vise versa.

To buy from fiat you can buy it instantly buy through your credit card. If find the credit card think can kill your time while buying at certain price then you can buy stable coins like USDT and exchange them later to the coin you deserve to have.

This vary thing due to time at bank transfer or credit card fund transfer can be cut off if your holding stable coins in advance. Stable coins are the coins who's price is same as USD but are crypto currencies thus can be held in crypto wallet can instantly be exchanged to any other crypto without bank or card intervention.

There are many exchanges that help buying Example: Binance, Simplex, Indacoin, Changelly, CoinSwitch etc., I usually buy at CoinSwitch as I feel they charge too less on buying thus sharing their guide. It is upto you where you want to buy and store funds:

You can refer this article to buy Coins using Credit Card on CoinSwitch -https://support.coinswitch.co/a/solutions/categories/35000132267/folders/35000216282?lang=en&view=all

You can use this link to buy using Credit Card -
https://coinswitch.co/app/exchange?from=usd&to=btc

Note: At any point of time please make sure that the funds are in your wallet and you are not sharing your private key with anyone.

It is a time to prove yourself if some time you had mentioned that they do not get time to learn new skills or they are too busy to get into something new. Strictly speaking no one is that busy in their life it is just the priorities that you learn something or not. Anyways, now due to lockdown there is abundance of time. Lets see how many accounts will use this time to upgrade their account and how many pro in trading.

You can set up your own website and start accepting Bitcoins or altcoins against your goods. And even at your outlet you can start accepting.

Instead of buying a extra phone you can buy a hardware wallet and store the seed by writing down on a paper. Hardware wallets are far more better than mobile wallet.

I use Chrome and it works well for me. It is the internet speed that affects not the browser.

If you have got answer to your query, please lock this thread. @OP

This fall might not be of Halving it looks like it is majorly due to the corona effect. I am holding and will also buy more when market is still low. If you check out previous halving history this was not expected this time.

Below are few predictions given by top market predictors. They did not predict this fall as they had not future site about corona being introduced:
Here you can read the prediction: https://coinswitch.co/news/bitcoin-price-prediction-2020-2025-latest-btc-price-prediction-bitcoin-news-update

Also, the halving is yet to come in May 2020. Let us all hope for the best. I do not think it is panic situation for holders.

Some might think they will get traction if they ANN on such huge platforms. But, moderators would ban such users and delete the treads if they get report that the project is fake.

More often platforms like telegram are most likely to be used for spamming instead of platforms like Bitcointalk.

BUMP

You can joke or reply only when you understand context of any thread. The user OP mentioned created his own questions and replied on his own as he did not even have the ability to understand anything. But, he was trying to spam by playing those cheap tricks.

It is to be noted that the moderators ate awake and alert to maintain the discipline. His tricks screwed him off. That is a less to all other scammers.

You can compare rates of TRON to BTC across top exchanges and buy at any anonymously and instantly at CoinSwitch.co.

Almost all these basic information is already discussed an available in the platform you can just goggle it or use search option of Bitcointalk to get those thread instead of creating a new thread.

Here is the info of: Activity & new membergroup limits

Wherever there is a financial transaction, whether its involving fiat money or digital currencies, scammers are always out there fleecing the people. In a few years, Bitcoin’ meteoric rise has attracted all sorts of scammers or fraudsters and there have been many instances where the investors lose coins to their shady ventures. The regular users can fall prey to this easily, hence we are here to talk about the most common Bitcoin scams which you need to avoid. You must be cautious where the money is involved. By doing so, you can prevent from being prey to any of these traps or scams. There have been scams all across the world wherein Bitcoin scam in India also is noteworthy. You should be aware of the Bitcoin fraud news, which will give you a broad idea of the various scams happening worldwide.

Here’s a list of common Bitcoin scams:

1 Malware Downloads
The internet has been a blessing for all of us, but it has its small downside, too. You must not download or click on any unwanted Bitcoin spam emails or links, as it can expose you to malware, risk of thefts, Bitcoin blackmail emails or Bitcoin spam emails. For instances, people use Bitcoin as bait. They can entice the users by saying that you can download a program and start mining Bitcoin easily. You must always be suspicious of scams in this kind of cases, wherein unnatural simplicity is involved.

There are many unsafe illegitimate exchanges, which you must avoid and do a lot of research before trading or in any of the exchanges. You can ensure security in these ways:

• Use 2-factor authentication
• Try and use cold “offline” wallet. Having multiple cold wallets in a different place is considered a good idea.

2 Hardware Wallet Theft
A hardware wallet is a viable option for the users who are concerned with privacy and security features as it stores the private keys. You can stay offline, which can help you protect your funds from hackers. But there have been reports of some vulnerabilities which led to stealing of funds. Some of the crypto enthusiasts have reported that one of the scams can be selling pre-configured seed phase to the users, hidden under the scratch card. This will lead to draining of the funds by the hackers once a wallet is activated with funds. Hence you only must accept wallets from trusted sources, where you can go to their website, research and then take a step.

3 Exchange Scams
Most cryptocurrencies are traded, bought and sold at exchanges, which makes it easier for the investors but there ain’t any regulatory body overseeing the transactions in some of the countries. Most of the investors turn into penniless because of the scams run by some of the exchanges. Last December, as per Bitcoin news, several South Korean exchanges were exposed as they were running scams and the country has signed up for stiffer regulations post that.

One of the suspicion flags should be high when they are offering unrealistically schemes and price as these are the cheapest traps to lure the users or the investors. You must avoid visiting unsecured websites, which can prevent the investors from losing money.

4 Fake ICOs (Initial Coin Offerings)
Some companies use ICOs to raise capital and there has been a massive explosion of ICO opportunities which has raised the fraudulent activities even on a higher scale. The scammers can open fake websites which resemble like ICOs, asking to deposit funds into compromising wallets. For instance, Centra Tech was sued for providing with fake information about team members, investors, and products. Research deeply that involves taking a deep look at the reviews apart from the white paper. Report a Bitcoin scammer when you come across, so others are not prey of the same scam.

5 Cloud Mining Schemes
Mining is the only process left to acquire Bitcoin without exchanging or buying them and it has become a resource-intensive activity. But it takes massive energy and cost to mine Bitcoins. Nowadays the companies enable regular users to rent some server for some time. As the difficulty level increases, the returns tend to become smaller. Some of the companies take bold claims about their returns and not being clear about the diminishing returns and true cost. Ponzi schemes which promise incredible return are scams, too wherein Bitcoin complaints are unanswered.

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Source: 5 Common Bitcoin scams you need to Spot & Avoid | Bitcoin Fraud News 2019