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What is altcoin?Does it is better than other cryptocurrencies?
That fork is only the catalyst. The reason people are buying is because of emotions. Many Bitcoin investors are getting impatient and frustrated with Bitcoin remaining stagnant while Bitcoin has repetitively shown gains of 20% everyday. Eventually, when the cryptocurrency market falls again in the new few weeks, Bcash will be the biggest loser. And it could happen exactly around or before the Bitcoin ABC fork being released on May 15th. Thus, I would not encourage anyone to believe to stick with Bcash until the fork is released. Thats purely speculation, you still have to be very cautious.I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet. 
I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.
Cash doesn't grow 2000% a year. In fact from the moment you receive it inflation starts eroding its value. FIAT currencies have a 100% failure rate. They all fail eventually. So is FIAT safer than Bitcoin? Absolutely not. I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots. The best approach is obviously to have both.
No doubt. And possible double that with time or crash to half.
My point isn't whether BTC is valuable or not but rather, that the volatile price makes it a risky proposition compared to the dollar.
Then again, no pain no gain
There's a lot of things you need to consider that if you don't give importance your investment may be at risk so here are some of the things ou need to consider or to study.
Learn about the basics first such as:
Bitcoin wallets
How Bitcoin works
What is Blockchain
Types of wallet
And different kinds of investments
Second Learn what kind of investments you need to do, here are:
Trading
Holding
When you've decided what kind of investment you're going to do start finding exchange where you will bought your first bitcoin there's a lot of platforms where you can buy bitcoins such as:
LocalBitcoins
Binance
Coinbase
Just search on the internet.
NOTE: You should know the risk you're going to face when it comes to investment remember that there's no assurance that if you invest you're going to earn so invest only what you can afford to lose.
Hopefully the Americans will get things back on track slowly, I would be happy if we finished the day around $8800-$8900. It seems the Americans are doing all the hard work at the moment, the Rest Of The World needs to help! Learn about the basics first such as:
Bitcoin wallets
How Bitcoin works
What is Blockchain
Types of wallet
And different kinds of investments
Second Learn what kind of investments you need to do, here are:
Trading
Holding
When you've decided what kind of investment you're going to do start finding exchange where you will bought your first bitcoin there's a lot of platforms where you can buy bitcoins such as:
LocalBitcoins
Binance
Coinbase
Just search on the internet.
NOTE: You should know the risk you're going to face when it comes to investment remember that there's no assurance that if you invest you're going to earn so invest only what you can afford to lose.
Should be an interesting day today. Even if it ends up trending down again, I think the market will be a lot more optimistic after yesterday which is a sign of good things to come
Bitcoin mining is based on very high energy costs and environmental costs.
One bitcoin =20 barrels of oil.
How many barrels of oil do you think the industry consumes every year?
10 barrels? 50 barrel?
Each year, the mining industry consumes more than 24 terawatts of energy, the equivalent of 13,239,916 barrels of oil.
Every 10 minutes, 12.5 bitcoins are dug up, meaning 20 barrels of crude oil have been reached since each bitcoin was dug up (not yet traded).
In other words, the amount of energy consumed by the global bitcoin mining campaign is 40 times greater than the amount of energy needed to support the Visa card network.
One bitcoin transaction = one American family USES electricity a week.
According to encrypt the currency analyst Alex DE Vries estimate an index, the currency trading energy consumed each year more than 24 tw, this is equivalent to total energy consumed each year in Nigeria, which has a population of 186 million.
Currently, about 300,000 bitcoins are traded each day. Each bitcoin transaction costs 215 kilowatt-hours of energy.
The average American household USES about 901 kilowatt-hours of electricity a month, which means that each bitcoin exchange consumes enough energy to make an American family comfortable for a week.
What do you think about the energy consumption of bitcoin?
your life as you know it today, will seem prehistoric in 20 years from now. realise this. in terms of money(as a small mundane part of the massively different world you will live in), cash is not even likely to exist
like i said, no time or energy to spend hours debating and explaining all of these with reddit strangers. DYOR and thinking.
i analysed the chart of bitcoin and i focused on times when the price were dropped, I concluded that the bitcoin always save him self and back up more then ever.
Because of the current crisis for bitcoin which is not the first in its history, some people have become suspicious of the future of this crypto currency, so much so that they are saying it is useless.
I just want to remind the world that bitcoin is the first crypto currency in the history, raised in 2009 as decentralized currency in the blockchain technologie.
bitcoin has the value, because is the first.
Your the right type of person to make money You see their is a great investment in crypto Spread your investment if that is what you see is best jump on the gravy train not every investment is a winner in life but you only need the odd one to to be and your life jumps to a new leavel I started with a range of crypto in the start of 2017 be just stick to be blue chip crypto stockBecause of the current crisis for bitcoin which is not the first in its history, some people have become suspicious of the future of this crypto currency, so much so that they are saying it is useless.
I just want to remind the world that bitcoin is the first crypto currency in the history, raised in 2009 as decentralized currency in the blockchain technologie.
bitcoin has the value, because is the first.
Re: Why GOV is not supporting the CRYPTOCURRENCY LIKE OTHER NEW TECHNOLOGY???
I am thinking this from long time.what is the problem with this.it has lot of benefit like instant transfer any where in the world,less transaction fee,no need to exchange,ONE CURRENCY ONE WOLD.
Then I came to conclusion that this is all because of control.If gov support the cryptocurrency then he loose the control from monetary policy.it can toppel the gov,BECAUSE money is ultimate control of the politics.
this is my opinion ,Am I right or there is any other reason??
I figured it out finally, how the USA is going to cripple bitcoin.Then I came to conclusion that this is all because of control.If gov support the cryptocurrency then he loose the control from monetary policy.it can toppel the gov,BECAUSE money is ultimate control of the politics.
this is my opinion ,Am I right or there is any other reason??
They are going to create a new 'crypto tax' in which every time you convert USD to crypto, they will tax it like a gas tax. So you will have to convert it to Euros first, and then try and go overseas. But if you do any in America, there will be a crypto tax. They will pass a law that ALL regulated conversion companies MUST collect and pass this tax in order to be a recognized banking institution, and all others who fail to comply will be investigated for 'providing money to terrorist organizations' and subsequently shut down.
What this does is pretty crazy. It makes it MORE expensive to purchase the same things at home in the USA than with cash or debit cards, which will immediately stop the adoption of it by vendors.
Banks win, the Government retains control, and people who want to have bitcoin for 'funzies' can still do so. Plus, new banking restrictions are in place and are very hard to get or you have to pay a really high fee for a 'banking permit' to sell and exchange BTC.
Edit: yes, I do own bitcoin, and I fear for this kind of stuff.
The country where I live is not a bitcoin friendly country, and I know there are some countries , they are quite friendly for bitcoin. even BITCOIN exchange ATM machines are there. Actually I would like to know what are the most Bitcoin friendly countries in the world at the moment?
So all my friends are non believers in bitcoin. When I explain why its going to be huge they cant comprehend it.This makes me believe we are only in the early stages of it. Ive made a bet that by July if BTC isnt at 20k I will have to buy them all a round or drinks.
I cannot wait to show them my account size by July 😆
There's a lot of things you need to consider that if you don't give importance your investment may be at risk so here are some of the things ou need to consider or to study.
Learn about the basics first such as:
Bitcoin wallets
How Bitcoin works
What is Blockchain
Types of wallet
And different kinds of investments
Second Learn what kind of investments you need to do, here are:
Trading
Holding
When you've decided what kind of investment you're going to do start finding exchange where you will bought your first bitcoin there's a lot of platforms where you can buy bitcoins such as:
LocalBitcoins
Binance
Coinbase
Just search on the internet.
NOTE: You should know the risk you're going to face when it comes to investment remember that there's no assurance that if you invest you're going to earn so invest only what you can afford to lose.
Why do I play BTC in particular and coin in general? I like to count "gambling" in this "investment". I do not need the stability, stability of gold, ForeX or stronger than CK. I like it most is the sunshine in the afternoon rain: 6k pm 7k, the morning before 8k 7k, eat loud and die big. It is the "gambling" nature of it, the opportunity to eat more for the winners, the bitter end for losers. If BTC is stable, I immediately leave this market and move the investment, it's new "stable" 2 days I was tired of it. So stop stop BTC stable for me, believe me, if it goes smoothly and stable with extremely small amplitude, most of you also withdraw funds to other fields (Because there are too many fields Volumes are big and protected again. "From where to go to that", you join the coin for speed of a crazy amplitude, when that is no longer, then keep you.Learn about the basics first such as:
Bitcoin wallets
How Bitcoin works
What is Blockchain
Types of wallet
And different kinds of investments
Second Learn what kind of investments you need to do, here are:
Trading
Holding
When you've decided what kind of investment you're going to do start finding exchange where you will bought your first bitcoin there's a lot of platforms where you can buy bitcoins such as:
LocalBitcoins
Binance
Coinbase
Just search on the internet.
NOTE: You should know the risk you're going to face when it comes to investment remember that there's no assurance that if you invest you're going to earn so invest only what you can afford to lose.
New user to the forums and new to Bitcoin overall, just looking for some advice. My friends have bought packs with USI-tech a few months ago when the price was around £2.5k per coin. I'm looking to get into it but just wondering when to go for it.
I've been waiting for the price to fall which it kind of has now, do I wait it out even longer for it to fork again in November? Or do I just put some money into it now. I've been doing a lot of research before I do anything but just want some opinions on here please.
Yes, Sure.I've been waiting for the price to fall which it kind of has now, do I wait it out even longer for it to fork again in November? Or do I just put some money into it now. I've been doing a lot of research before I do anything but just want some opinions on here please.
Blockchain tech is going to transform almost every aspect of our future. Bitcoin is the 4 star General /Admiral with alt coins being a mixed bag of high ranking officers to recruits. It doesnt matter what we say or think, Bitcoin is going to be worth well over a million one day and we have to pass 30k to get there.
One of the big features of Bitcoin is that it is cheaper than paying with credit cards. Of course currently the Bitcoin fees are very high since it needs scaling so its only cheaper right now if you're buying a couple hundred dollars or more worth of stuff.
Anyways, businesses have hidden the credit card fees from consumers by pricing them in to products and eating the fees. With Bitcoin though, the sender pays the fee. Even if the fee is a lot lower than credit card fees, you're still spending more when using Bitcoin because the the sender pays the fee. This needs to change since businesses already price in fees. I've never bought anything with Bitcoin, so maybe this is already done by newegg and overstock, etc, but do you think retailers will subtract the fee paid from the price of the item when buying with Bitcoin? Do retailers do this now? If this doesn't happen, even if fees go way back down, this would be a terrible user experience if you have to pay a fee on top of the cost of a product when compared to paying with credit card where the fee included in that same sale price.
I suppose in a world without real community, a person's nation can be co-opted as an extension of oneself. Similarly that country's currency is an extension of the nation... And therefore a belief in the infallibility of one's currency translates as a belief in oneself.Anyways, businesses have hidden the credit card fees from consumers by pricing them in to products and eating the fees. With Bitcoin though, the sender pays the fee. Even if the fee is a lot lower than credit card fees, you're still spending more when using Bitcoin because the the sender pays the fee. This needs to change since businesses already price in fees. I've never bought anything with Bitcoin, so maybe this is already done by newegg and overstock, etc, but do you think retailers will subtract the fee paid from the price of the item when buying with Bitcoin? Do retailers do this now? If this doesn't happen, even if fees go way back down, this would be a terrible user experience if you have to pay a fee on top of the cost of a product when compared to paying with credit card where the fee included in that same sale price.
You only need to look at the popularity of cocaine to realise how addictive false confidence can be.
And only look at the prevalence of anorexia or obesity being translated as being a "real woman" to understand that self delusion is far from unusual.
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Bitcoin is not dead lol. The price is getting low but bitcoin will not die quickly we can recover it in somehow. Many people thought bitcoin is secretly dying I just wanted to say that its wrong Bitcoin will back soon to higher value.
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All asset bubbles in the global economy is fueled by steroids. Better known as the economic policy of fractional reserve banking and keynesian economics.Bitcoin is not dead lol. The price is getting low but bitcoin will not die quickly we can recover it in somehow. Many people thought bitcoin is secretly dying I just wanted to say that its wrong Bitcoin will back soon to higher value.
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But now that bail-ins have been enacted it will be very interesting to see if people will do something. At the same time populist political vote is at an all time high (100 year chart). We sure live in interesting times
Silver was $80/ounce in 1980. That is like $3000/ounce today. But now Silver is $17/ounce.
All the signs that Bitcoin is going the Silver way. It was declared that Silver will be precious metal and it will be traded on buying and selling and also speculations/predicting events because silver has many uses in Industries, electronics (TVs, computers etc..), a cruise missile has 16 kgs silver that is the reason major war takes Silver price to new highs.
Now Bitcoin has been declared as a speculative asset by governments (deal at your own risk).
Not at all and I will explain why. The total number of Bitcoins that can be mined is 21 million. Think about if the Earth had 21 million pounds of gold. Some of that gold is melted down and alloyed with other materials. Some of it is lost at sea never to be recovered. Gold however still has value even though as the years go on there is less of it every year. Bitcoin works exactly the same way. For each coin that is lost and each person that forgot where they put their key when they went to Cold Storage it makes the value of the remaining coins that much higher. It's getting to be pretty difficult to own an entire Bitcoin and in two years it's going to be ridiculously hard or expensive. The next halving is going to happen and that means each block of Bitcoin is only going to be 6.25 coins. The value of Bitcoin either has to go substantially higher or the entire project has to crash. The reason I say it has to go higher is because of the cost of mining. It's getting more and more expensive to extract Bitcoin out of the air. I don't have the foggiest idea how high or where the price is headed but I would be very surprised if it's not at least 35 thousand by 2020 at a minimumAll the signs that Bitcoin is going the Silver way. It was declared that Silver will be precious metal and it will be traded on buying and selling and also speculations/predicting events because silver has many uses in Industries, electronics (TVs, computers etc..), a cruise missile has 16 kgs silver that is the reason major war takes Silver price to new highs.
Now Bitcoin has been declared as a speculative asset by governments (deal at your own risk).
I know there are people get their profit now, they bought their bitcoin on very cheap price and as the bitcoin's price go high there are many dumping their bitcoins. However new investors of bitcoin or should I say newbie on cryptocurrency are panic selling their bitcoin in the mere fact that they bought on ATH all time high price, I love to see that they learn and this is how we welcome all the newbies. Welcome to the cryptocurrency!!! Always learn from the mistake, that's the best strength we can get after losing, that's where we all started.
BTC didn't cross the 15 min resistance, meaning the trend is not broken. I am guessing there is going to be a march up. If it did break resistance, I think BTC would have continued to drop until mid 7,500. I had my stop loss set at 8099 and the lowest sell was 8100. I can't believe how lucky I was...Everybody here is hoping this stepping up to the price of bitcoin. I hope it can recover, many are waiting for the right time to sell their coins
Oh its gonna fall even harder. I told you to sell a few days ago...
I can't believe all the people who called it was actually right. There have been so many new retards expecting to get rich in a month and then shitting themselves I forgot that there is actually some people on this sub that actually know what they're talking about.it's consolidating. If it looks anything like what happened on Thursday, there may be a slight decline and then boom to 8,500 or just a straight shot there if we are lucky. I think everyone is just waiting for the right signal--the day candle and RSI show a turnaround at least for the next couple of days so today and tomorrow is risk-free. Pray to the coin gods you all.
I'm new to bitcoin and i know what bitcoin is very well. My question is how do you get your first bitcoin without having to mine,buy,beg,....etc?
my friend got his first bitcoin without having to mine,buy....etc, i asked him how did he get his first bitcoin he said he got it from giveaways in some forums and after that he gambled and invested them and reached to bitcoin now he has 14 BTC.
I want your suggestion on how to get the first 0.00001BTC without having to beg for it.
It kind of matters because Bitcoin has limited supply, which makes it deflationary. The more demand there is, the more the price will rise. So the price could be seen as an indicator for the adoption of Bitcoin into economy.my friend got his first bitcoin without having to mine,buy....etc, i asked him how did he get his first bitcoin he said he got it from giveaways in some forums and after that he gambled and invested them and reached to bitcoin now he has 14 BTC.
I want your suggestion on how to get the first 0.00001BTC without having to beg for it.
That makes sense and I understand the logic, thank you for actually replying btw. but also, isnt a lower price more widely accessible and therefore good for adoption? Obviously I know you dont have to buy a full coin, but wouldnt the average person feel more comfortable buying a fraction of say, 8k, compared to 100k?
Some renowned Analyst has declared that Bitcoin will hit 25k this year!
Don't worry Guys! as yesterday bitcoin has pumped to a record-breaking volume within two hours.
We will reach to the Moon!
Have faith.
If this year follows the last two years, price will start rising in Mid April-May. If you are waiting for a really low bottom then you have about a week or so, safer to just buy now because it doesn't look like it can get much lower. It has tried many times. The only reason it can get lower then 6.5k now is if a huge whale tries to FUD everyone so they can buy even lower before May. Jus my two cents. You can check out last year's early April and see for yourself, it was pretty much sideways too just like now.Don't worry Guys! as yesterday bitcoin has pumped to a record-breaking volume within two hours.
We will reach to the Moon!
Have faith.
In addition to that, The lowest last year's April fell was just about the price of their previous November Which is where we about stand right now. Our price is matching November's price. It shouldn't get much lower even if it does. So buy or miss the train. Again just my opinion and guess. I am 50% sure that I am 100% right. LOL
Bitcoin right now keeps on increasing its value, and many more cryptocurrencies are occurring.
Do you think someday bitcoin will end or will be replace by other cryptocurrencies?
Is it too late to invest?
Is there a chance that bitcoin will be down?
It's not people's fault. The world has not caught up to BTC yet. Right now you are pretty much investing in the tech, it's not easy to spend it. It's because of these early investors that BTC can even become mainstream. It's because of them that places will accept it more. It also is a huge risk, so let them have a little reward.Do you think someday bitcoin will end or will be replace by other cryptocurrencies?
Is it too late to invest?
Is there a chance that bitcoin will be down?
The entire market is in the red. Everyone has lost money. What do you think?
Market cap does not mean that there is exactly that much money in there. It's just the total possible amount of Bitcoins multiplied by current price.All it would take to get the price that high is if some billionaire decided to buy a few 100k of coins - all the coins for sale would get rapidly exhausted and the price will shot up unconstrained, and would likely linger there for a while, supported by the extreme FOMO that would follow.
Disclaimer: The text below is a personal opinion of the author. If you have a different opinion, please share it
ICO causes more and more distrust - thanks to the scammers. At this point, companies that produce and sell tokens are more focused on the product. The product is being developed and improved. And all before the token sale.
The fact is: those companies that enter the token market with a readymade product are more trustworthy. Now, few people are interested in a company that launches ICO just to make a name and earn a lot of money.
ICO is a serious campaign. It requires great resources and professionalism.
There are many companies on this path. Recently, Pavel Durov announced the creation of a light wallet and the release of the Gram token on the Telegram platform. Here is another example - KickCity, a company that has existed for two years. KickCity is engaged in the development of the event industry and issues a KCY token for further expansion of the company.
What is more, you can get tokens for testing KickCity beta. You can get reward for testing this platform https://kickcity.io/event/5a9d11030cf2cac8e081f3e8
There have been numerous reports here of BTC rising up to $100K per, $500K per, and $1 million per. And beyond. To the moon! Apparently all one has to do, to reap, is "hodl". So that point-five could well put you on Easy Street for the rest of your life. Good luck!ICO causes more and more distrust - thanks to the scammers. At this point, companies that produce and sell tokens are more focused on the product. The product is being developed and improved. And all before the token sale.
The fact is: those companies that enter the token market with a readymade product are more trustworthy. Now, few people are interested in a company that launches ICO just to make a name and earn a lot of money.
ICO is a serious campaign. It requires great resources and professionalism.
There are many companies on this path. Recently, Pavel Durov announced the creation of a light wallet and the release of the Gram token on the Telegram platform. Here is another example - KickCity, a company that has existed for two years. KickCity is engaged in the development of the event industry and issues a KCY token for further expansion of the company.
What is more, you can get tokens for testing KickCity beta. You can get reward for testing this platform https://kickcity.io/event/5a9d11030cf2cac8e081f3e8
How bad is your life man, you've been trolling for like 8hrs straight at this point.
Would you like to tell us what's gone so horribly wrong? Maybe we can help, never hurts to talk about it.
Or are you getting paid to do this?
Bitcoin, and all altcoins are in the green after a long spell of depression. It is good news for all investors or potential investors, and has brought hopes for the market to rise again.
However, many countries and regulators are not in favour of it. Social networking giants, like Facebook, Google and Twitter have banned crypto ads and ICOs, in open aversion to the crypto world. It means cryptos will have more challenges ahead. Will the cryptos resist challenges ahead and take over?
The pumps are a combination of whale price manipulation and short sellers trying to close out positions. You can tell by the whale buy and sell orders and the weird distribution of volume on the up and down ticks. There is an added affect of FOMO guppies but they don't really have much affect its more like icing on the cake.However, many countries and regulators are not in favour of it. Social networking giants, like Facebook, Google and Twitter have banned crypto ads and ICOs, in open aversion to the crypto world. It means cryptos will have more challenges ahead. Will the cryptos resist challenges ahead and take over?
The new money FOMO surge that we saw back in OCT to JAN is gone and is not coming back, so now you are left with manipulation and scalpers.