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Showing 20 of 547 results by cryptocrusher
Re: Predictions 2019: 3 potential triggers for the next Bitcoin bull run
These things don't provide much, just new channels for investment. That's not going to trigger a new bull run. That will come when investor confidence returns, either through the passage of time or because of some big breakthrough for bitcoin.
Re: Is it time to sell Ethereum & all coins , and buy Bitcoin
No one knows the true answer to this question and everyone is entitled to their own opinion. Personally there are a handful of alts I believe will outperform BTC but the majority I believe will not, I'm diversified across those and bitcoin.
Re: Holders should get out if bitcoin falls under $3200 says bear trader
I guess the premise behind this is that $3200 will be a strong support and if it breaks it could be similar to the $5800 support breaking where we see 50% value wiped off in a short period of time. I don't think it says much for the long term. If $3200 breaks I would argue it's a good time to try sell your position and buy back again at a lower support level.
A lot of BTC will be lost over time but the rate at which it is lost will only decrease. People would have been careless with it in the early days because they wouldn't have considered its future worth. One big difference with BTC is unlike fiat - if someone else finds your lost BTC they can't just pick it up and use it, or if you die it can't easily be passed on.
I find it fascinating that over a long enough timeline, all bitcoins could be lost due to human error. As in, you have not provided a spouse to access your wallet. I'm guessing 200 years from now 80 - 90% would be lost if bitcoin survived that long.
It is possible, I just like to have a little more faith in the human race to preserve their wealth. For all we know there may already be much more than 4m bitcoin which is lost. If BTC is to exist through many centuries then I would predict high percentages of it would be lost forever.
if someone else finds your lost BTC they can't just pick it up and use it, or if you die it can't easily be passed on.
What do you mean they can not pick it up? Finding your lost bitcoin means finding the private key of the wallet and in that case they become the owner of the bitcoin.I always keep my secret keys available to few people. Not the whole key phrase but the portions. My next of kin will be asked to find them and solve the puzzle.
What I mean by that is that unlike fiat it isn't just dropped to the ground and someone else can pick it up and use it. Or even when you are deceased it's not just a case of signing over the funds to someone else. They have to have the private key available to access the funds.
The price levels out across most smaller exchanges within minutes or seconds to major movements because of arbitrage, there's little to learn from it and that's the only real way to profit from it, it is now largely dominated by bots however.
A lot of BTC will be lost over time but the rate at which it is lost will only decrease. People would have been careless with it in the early days because they wouldn't have considered its future worth. One big difference with BTC is unlike fiat - if someone else finds your lost BTC they can't just pick it up and use it, or if you die it can't easily be passed on.
There's very little fiat in the bitcoin system because most entities involved have little need for holding large amounts of fiat. If you want to consider the worth of bitcoin in terms of fiat then you can consider marketcap but that is not even a true reflection of the value because if all bitcoin were sold right now the market price would crash considerably.
Maybe a lot of them are institutions that have closed or people that were just forced to take at least one day off by their loved ones. While the crypto market never sleeps, the people within it do need to at some point.
Re: Trader: Why a Rapid Crypto Bull Run Can’t be Expected Just Yet
Anyone observing all previous market trends can see there's a long period of consolidation following a crash where it takes a long time for confidence to start to return to the market. Simply put, why would this time be any different? Therefore I believe completely in what this trader has said.
Re: Ron Paul: All Bubbles Must Pop, the Sooner the Better
I have mixed opinions on this, it's clear to see where the current system fails and how continuously printing more fiat isn't going to end well but bitcoin or any other alternative isn't proven for a whole economies purposes. The aim should be to increase welfare for everyone in the economy, bitcoin wouldn't stimulate growth, it would most probably have the opposite effect and lead to people hoarding.
I see a lot of so called Bitcoin supporters that thrash fiat money because of the ability of a central institution to make more money out of thin air. What they don't understand is that it is the very reason that the world is currently enjoying the longest lasting bull period without any major depression after the 1920's. Everything is up for debate in the hindsight but we have to accept the fact that these are the very measures that have enabled the governments to infuse money (confidence) into the existing system. The ultimate aim is the welfare of the human race and the entire capital market is currently based on the trust on certain institutions (the trust of getting paid, trust of govt and belief in the entire system).
I understand the capital market and its working and know about the current liability situation of all the governments/institutions and all the whitewashing that has happened and continues to happen in the world. But I also believe that it was the best way to bring such widespread economic prosperity to the masses. And Bitcoin/any other cryptocoin cannot solve this problem (problem of managing growth and money supply).
Very well said, it's easy to see that fiat has its shortcomings but hard to argue with any level of conviction that things with 100% be better off with any alternative. I do also believe that eventually it could all go up in smoke, but I struggle to see how that can be mitigated at this point. It's already too far along in the process so might as well just keep chugging along and live out the good times for as long as they last.
Coinigy is a similar platform but paper trading is not supported. I don't think the exchange is that important If your goal is to simply learn how to trade. You could go with HitBtc demo trading or Bitmex's testnet.
Yep. Those are good sites to learn for free.
But if you wont to learn on binance i would recomend you to deposit minimum amount (10$ is enought) and start trading. Minimum bet on binance is 0.001 btc which is 4$ currently. Even with worst case scenario your learning wont cost you more than few cents. Just start to trade and see on real 10$ if you would loose it or multiply.
+1. Paper trading isn't true to what real trading is like, it's very hard not to profit. The orderbooks are not dynamic. Scrounge together a small amount of money if you have to, even through a bounty campaign and try with that.
At 20K it went.
Down back to 17K and people said Bull Market Not Over.
At 3K it went
Back up to 4K
What people say now ?
Down back to 17K and people said Bull Market Not Over.
At 3K it went
Back up to 4K
What people say now ?
People say whatever they want. They're under no obligation to be correct or even say what they really believe. Most people here are bullish but it is a bitcoin forum after all so no surprises there.
Re: Ron Paul: All Bubbles Must Pop, the Sooner the Better
I have mixed opinions on this, it's clear to see where the current system fails and how continuously printing more fiat isn't going to end well but bitcoin or any other alternative isn't proven for a whole economies purposes. The aim should be to increase welfare for everyone in the economy, bitcoin wouldn't stimulate growth, it would most probably have the opposite effect and lead to people hoarding.
Re: People with most bitcoins should be in their 20's by now
The early days of crypto mostly wouldn't even appeal to teenagers, it would have been people with a strong background in cryptography or computing. I would think Vitalik will be one of few exceptions of early adopters who are not in middle age by now. The interesting thing for me with that. Most of the early adopters are aging each year and with the growth of bitcoin the temptation to spend must grow each year. Soon you'll have to assume that if their BTC goes unspent it will transcend their own lives.
Re: I am a time-traveler from the future, here to beg you to stop what you are doing
The author: https://en.wikipedia.org/wiki/Luka_Magnotta
Quote
Posted by: cryptocrusher
I wonder what happened to Satoshi's 4m bitcoin. Assuming he's already dead
He is not.I wonder what happened to Satoshi's 4m bitcoin. Assuming he's already dead
Well, no one can know that for sure, except for people who may know who he truly is. For the rest of us we can only speculate and logically you would think there's some reason those wallets remain untouched, I have to think that it's because they're not accessible anymore because the information was lost through one path or another. But in this example they were not accounted for so must have been recovered somehow.
Re: I am a time-traveler from the future, here to beg you to stop what you are doing
This was a really intriguing read and a lot of things in this prediction will come true, but probably not because of Bitcoin. It interestingly tied a lot of sci-fi stories in to BTC's potential. I wonder what happened to Satoshi's 4m bitcoin. Assuming he's already dead and those wallets are inaccessible, someone must have found a way.
I do not believe that there is any significant reason behind this. Some people perhaps think the bottom was in and decided to invest and that's why we've seen a short rally. Unless others jump on the same bandwagon we'll be back to the low 3000s in days.
Markets are never as rational and predictable as people like to think. Do your mental health a favour and stop looking for answers to every movement.
Markets are never as rational and predictable as people like to think. Do your mental health a favour and stop looking for answers to every movement.
Re: US Government Shutdown & Impact on Bitcoin - 2013 vs 2018?
It would take a brave person to back this with any conviction. It seems just like a pure coincidence. Perhaps even the market was ready to go bullish but the shutdown and the slightest investment from one person was enough of a trigger for it. I do not think that if the market was bearish that this would ever act as a trigger for a bullish reversal.
If you want to go aggressive then OP might fit your bill. But if you're not sure of what to do because this might be a bull trap then I guess is just to hold and wait. For me breaking $3800 will be a big psychological test and so if it could build a momentum to $4000. Waking up with a good pump was always a thing to behold specially with what we witnessed in almost a year. But don't celebrate yet but scramble and look at what strategy your going to implement before everything breaks loose. 
I too am looking at this as a bull trap for now and am steering well clear of making any significant movements. At this point I see the risk in either direction being too high so the best strategy is to stay put. I can not be confident enough in my conviction that this is a bull trap but I hope that I am wrong. Unless you enjoy trading very short term volatility with high risk then right now is not the time for action.
Re: Bitcoin Price Will Soar over Next Three Years: Circle CEO Jeremy Allaire
This guy is right,the FED priniting machine will pump the bitcoin price big time for sure.
Gold is a non-sovereign store of value as well,but bitcoin is going to beat it...
He's right about the death of most altcoins.We don't need them and they just stop BTC's papid growth.
Gold is a non-sovereign store of value as well,but bitcoin is going to beat it...
He's right about the death of most altcoins.We don't need them and they just stop BTC's papid growth.
I've just had an interesting thought. It can be quickly rebuffed because it's not entirely true but people often talk about how fiat being printed leads to inflation and the value of that currency declining, or in other words prices increasing. If BTC/Fiat price inflated by just as much as consumer goods/fiat then assuming people don't want to hold fiat and are actually just using it as a vehicle to consumer goods, then they'd be no better off than before.