Search content
Sort by
Showing 20 of 324 results by kennen1113
BCH is and always has been pointless. Its only purpose is price speculation. It offers nothing beyond that.
So I would expect halving probably will cause a price increase, as it would likely increase speculation.
However, longer term I would expect the price to slowly drop towards zero.
I don't care about the nonsense that you talk about BCH, as an investor, we should be more concerned about the opportunity that BCH can bring us, and here, as you said, BCH is a speculation on price, the value of BCH is here, as long as the whales continue to push and manipulate prices, BCH still has a chance to create strong waves in the market, and we can through that to make money. Speaking of the BCH halving event, I'm still very skeptical because Litecoin has a similar thing and the value is still falling, so we need more time to look at the BCH signals.So I would expect halving probably will cause a price increase, as it would likely increase speculation.
However, longer term I would expect the price to slowly drop towards zero.
Re: What will happen if the all countries convert to cryptocurrency?
Most likely, all countries will really switch to cryptocurrencies, but not the cryptocurrencies we all want, because many countries are working on creating their own cryptocurrencies. I doubt that, for example, all countries will legalize Bitcoin in the near future, but I believe that this will happen in the longer term. Perhaps in addition to BTC, other cryptocurrencies will be legalized, for example, such as ETH, XRP, XLM, TRX and others.
Cryptocurrency has an indefinite status in many countries, but in most it is legal, even if it does not have a legal status.
If everyone switches to cryptocurrency, then the already extremely manipulative world political field will turn into a battlefield, where the main weapon is the manipulation of cryptocurrency rates.
Rather, then everyone will create their own stable coins, which will not differ from ordinary national currencies.
Re: If Bitcoin price increases suddenly. What will happen?
Bitcoin price has influenced the market overall. With increase in BTC price, people will invest more in other projects, but not sure if in ICO itself considering the recent status of it in the market.
I don't think people will invest more in other projects, my guess is the opposite, people will constantly invest more money and transfer money from other projects to bitcoin because this sudden increase will create a severe decline for the market when pumps from bitcoin are based on money from other projects, a common trend that I see from people. Therefore, in this unexpected situation, if we have the opportunity to escape, we should escape, should not hold on to other projects, less loss will be better than a state of suffering in the long term"Is losing money really enjoyable?"
Funny
Very deep though.
To be honest, it is possible that very wealthy person could be gambling occasionally for fun. But am not sure if they do that with zero expectation of reward. Most fun things are quite addictive, that is why we are consume a lot of for stuff. So I wonder if a wealthy person who gambling for fun does that regularly or occasionally. The only reason he would gamble occasionally is if he has lots of other things that make him happy.
We should not stand in a negative perspective, look at a positive perspective, losing money to get back moments of fun and special feelings, which is an interesting thing, so sometimes you can't feel but other people can feel, lose money and what you can get back is quite interesting. But of course, sometimes losing money like that would be a happy thing, if losing money constantly for gambling, it would be a waste, even gambling addiction starts with such continuous losses, a lot of people have followed this trailFunny
Very deep though.
To be honest, it is possible that very wealthy person could be gambling occasionally for fun. But am not sure if they do that with zero expectation of reward. Most fun things are quite addictive, that is why we are consume a lot of for stuff. So I wonder if a wealthy person who gambling for fun does that regularly or occasionally. The only reason he would gamble occasionally is if he has lots of other things that make him happy.
Put all your life savings and trust fund on bitcoin. No, I'm just kidding and I only said that because that is how I interpret my faith on bitcoin. But please never do that and for now, btc is still one of the best tool for anyone to become millionaires and just want to get out of their boring lifestyle and repetitive and low-paying jobs. Before I thought top altcoins are also a few best to invest but I realized it was never going to happen and just created to confuse us.
Well, even if our faith in bitcoin is already very high, we still should not put all our money into bitcoin, agree with you, consider this a joke and should not follow, when investing is not a risk to succeed, it is not gambling, deciding to win and lose in a match, what we need is sure and lasting, Bitcoin may be good but it is not guaranteed to last, limiting the amount of investment is wise. And crypto to invest can always be the best with our talents and calculations, there is no fixed in this marketI just recently registered in whitebit on Sunday for the reason to sell some of my MB8 coins. Well, I am testing this exchange site, so far its good, the chat support is active and responsive. For the security, I dont know yet, I am not yet submitting my personal details for KYC verification.
In general, you are having a good experience with this exchange but my advice is that you should not submit information to complete KYC because this is a very strange exchange for many people, we don't see its reputation in the market, rushing to send personal information is not good. In addition, you also do not often use this exchange when the market has too many good exchanges such as kucoin, binance, bittrex, sometimes you just need it for liquidity, no need to think about KYC confirmation when it's not neededI would always prefer to invest in hottest coins in 2019 BTC and Ethereum. Ethereum is for the long term investment. Another coin rather than these is vaxanium.
Up to now, ethereum still does not show any value for long-term investment, almost value only knows to turn and go down, even when the market shows signs of recovery, ethereum still once again breaks those signals and goes down, it is not the hottest investment, other altcoins are similar. 2019 is probably a time for bitcoin to prove its sustainability over time, it is the hottest coin, the value has not dropped and still has growth, does not allow altcoins to have a chance to show off, the stage in 2019 is probably just a solo show of bitcoin.I have a strong doubt that this cryptocurrency that launching by China is a centralized one and under controlled their governments.
Maybe it won't appear in the crypto market and will just be in their country. They always wanted to be the most powerful country in the whole world in all aspects. Also, their government probably has control over their people's gadgets. So the governments are the one who can benefit the most in their own crypto.
Of course, the Chinese government will certainly have a way to fully control their cryptocurrency before launch, they won't allow any problem to happen and get out of their control because this is a big country, if the loss of control happens, it will be a disturbing scene. But perhaps the number of people supporting this cryptocurrency is probably not too hig, even for other countries, this is not a good product because China always has the ambition to become the strongest country, sometimes they just make fake products to make money, can't trust their cryptocurrenciesMaybe it won't appear in the crypto market and will just be in their country. They always wanted to be the most powerful country in the whole world in all aspects. Also, their government probably has control over their people's gadgets. So the governments are the one who can benefit the most in their own crypto.
That is cool idea with great future. Delivery costs payed by crypto much better and easey than fiat transfer. So my recomandation and opinion on crypto side.
I don't appreciate this idea when we can easily pay for things with cash, although crypto has a similar role and feature but the convenience is too low when the support level from the store is very low, it is easy to see when many countries are using crypto but very few countries have stepped up to support it, using cryptocurrencies has too many requirements and is slower than other payments. Besides, users should also consider carefully their decision when the crypto value does not have to be constantly stable, always changing very fast.Until now, I probably agree with you that cryptos are some kind of gambling because it's so hard to predict any price or movement, that even real good analysts are wrong almost all of the time
With all the guessing, and predicting, and waiting on what will be the price this time to the next minute or hour, hodling is really somehow like gambling. In gambling, you don't really know if you will win or lose; and same here while hodling. I mean, one don't really know how much cryptos like bitcoin will cost. That explains all the price prediction threads here in the forum. However, they also have difference in the sense that, in gambling, it depends on either luck or strategy but in hodling, it needs more strategy and wise judgement on when to buy or sell. Re: What did you know about Bitcoin before becoming a bitcoiner?
Honestly for me before i start to know bitcoin is a scam and used in darknet to buy such as drugs,gunz,payment service,etc. In 2013 i remember my friend tell me about the price of bitcoin is $10,000 at the time he encourage me to faucet bitcoin that i ignored the opportunity on it.
I've also heard that bitcoin is a scam and much worse than bitcoin but I don't usually believe in everything I hear, I need to get involved in reality to confirm that, and starting from the early stages, understand bitcoin, know satoshi, then join free faucets, and up till now, i'm probably grown up and become a bitcoiner. It's been a long time, with a lot of luck, but the saddest thing was I didn't have the capital, otherwise I would have had a better life soonRe: What will happen to alts if Bitcoin crashes back to $5000?
You can't really predict this. They will either stay the same (their ratio prices), go higher or go lower.
If BTC goes to $5000, then many might flock to alts to hedge against bitcoin going down. Basically what happened in January 2018.
Alts can also go down if too many people start to panic and leave crypto together. Basically BTC is much stronger than most alts so if BTC crashes then alts can crash a little more due to their smaller liquidity and the ratios can be even lower than today, its possible.
Or the ratios can stay the same with respect to bitcoin. Basically it could start a very slow bear market and the ratios will stay constant while the spot prices of alts against fiat will slowly head downwards.
Such a panicked market and a lot of people are panicking selling because the price of bitcoin goes down, that can actually make the price of altcoin go down but when things stabilize again, the price of altcoin will definitely be better. It is understandable that the dominance of bitcoin puts too much pressure on altcoins, altcoins cannot breathe or raise prices with this weight but when the weight drops, bitcoin is no longer a pump to suck altcoin's capital, altcoins will have a chance to rise sharply again, many situations in the past have followed this trend.If BTC goes to $5000, then many might flock to alts to hedge against bitcoin going down. Basically what happened in January 2018.
Alts can also go down if too many people start to panic and leave crypto together. Basically BTC is much stronger than most alts so if BTC crashes then alts can crash a little more due to their smaller liquidity and the ratios can be even lower than today, its possible.
Or the ratios can stay the same with respect to bitcoin. Basically it could start a very slow bear market and the ratios will stay constant while the spot prices of alts against fiat will slowly head downwards.
Considering how people are standing against the decision of the government regarding banning bitcoins and how the government is actually listening to them I think the future is Preety bright ..
We needs more law firms supporting bitcoins and cryptocurrencies and more governments listening to us.. also it's like a era .. the cryptocurrencies are making their way into everyone's life and slowly increasing in popularity.. getting stable and getting accepted .
Agree that many investors and users are constantly opposing decisions from the government, they do not want the government to prevent or create difficult conditions for cryptocurrencies to not develop but even with these actions, we still can't say the future of the market is bright, the laws are never easy to change because people. However, this story always changes unexpectedly for a variety of reasons, so the future of the market has become a deep puddle, it is not easy to see what will happen nextWe needs more law firms supporting bitcoins and cryptocurrencies and more governments listening to us.. also it's like a era .. the cryptocurrencies are making their way into everyone's life and slowly increasing in popularity.. getting stable and getting accepted .
Re: What do you think altcoins will be used for in the future.
The future of altcoins is great it can used in merchant or services but mostly in gambling i saw many altcoin used in gambling and also altcoins could potencially be high demands same as bitcoin. We hopes that altcoins will rise in the future as bitcoin as well.
Yes, indeed. The altcoin can work together with bitcoin as a payment method, so people don't have to use bitcoin to pay. They could use altcoin for many things as long as the merchant can accept the altcoin. But yes, for now, bitcoin will still be the option for us to make a transaction, but in the future, I guess that the altcoin can be used too. The altcoin itself will rise in the future, and we don't have to worry because if the right time comes to us, it will increase by itself.
Yep they are the same, but I prefer IEO than ICO because many investors gain profit in IEOs especially they listed in big exchanges. Investing ICO is really risky nowadays many of them are scam so if you really want to invest in ICO you should research carefully the project.
IEO is a good image for investing in projects right now when it is a safe and profitable trend but this hot phase is over, now everyone in the face of IEO, they are always very concerned, projects are not always profitable, sometimes we still lose a lot in the face of the dump status of projects. And with such a change, IEO, ICO and STO are probably reestablishing a balance, no one dares to guarantee which option is better, and investors should probably not continue to look at the trend, they should look at the potential and surrounding elements of the project.Re: Are you guys started to gambling with cryptos or fiat money?
I usually use fiat money before in sport betting against my coworkers especially from Basketball from a minimum of $10 every game and just for fun but as I discovered crypto and gambling sites I realized its more easy to use and more fast processing if you want to cash out your money from winnings and the best thing is even you stuck on traffic outside you can easily gamble your money converted crypto using your smartphone anytime, anywhere as long as you can access online gambling sites.
Gambling with crypto creates us with a larger and easier space but there are many problems in this direction, the first is probably that we will be more easily addicted to gambling than ever because with fiat, a few betting games per week are quite many but with crypto, providing too much information and matches, we can gamble all day and forget everything, that is very scary. Next, the value of crypto is basically not fixed, sometimes one day we may realize we have lost a huge amount of money when we gambled with crypto, Fiat should probably be preferredIt just means that people are getting smarter to invest in Bitcoin rather than spend their money in other useless project. If it were to continue, we might see some increase in BTC price in the next months. The only one I deem worthy is ETH and Monero as an alternative to Bitcoin.
If Bitcoin where to increase more in Volume, more and more altcoins gets shut down.
I understand your ambition and thinking, many people become smart and focus money on bitcoin, that will help increase the value of bitcoin, and this means that those who hold bitcoin will gain the highest return from this investment, but if this situation happens, altcoin will close and you should know that this continuous closure can cause imbalance. A market that only looks at bitcoin will no longer be a good game zone for all, domination can be good but bitcoin should still stop, it should let altcoin continue to live, investors have more opportunities to make money to move into bitcoinIf Bitcoin where to increase more in Volume, more and more altcoins gets shut down.
Is it important to research the whitepaper in the project? then is there a right way to find out if their whitepapper is real, not fake? What do you think?
Studying the whitepaper of a project would reveal many things about the project and their credibility.
Firstly, you'll know about the effort put on, a scam would have a poorly developed whitepaper with many grammatical errors and plagiarism. Searching some random phrases and viewing the IDs of the team may reveal if they are plagiarised.
Secondly, you'll have a good idea about tokenomics and how the project aims to deliver and know about the roadmap.
We can tell yet it can reach or not, But maybe it can if the price of bnb still continue in this year. If that happen maybe some of us in here are willing to buy some BNB token or hold some BNB. Actually for now BNB are in a good price and its enough to buy and hold it to a bull run coming.
Holding bnb isn't a problem, and in order to make that possible of gaining sustainable profit we must take a risk for everything we had. Don't expect too much for $50 this year, because the current situation was still didn't have the capability to make it. Although bnb has the biggest potential, it doesn't guaranteed that reaching the price will be achieved in short period of time.
Re: Indian Economy rising at slowest pace - Should they consider Crypto-currency?
Economic growth might be possible of India consider cryptocurrency.
However, the concerning point is, will the government accept it into the country system?
It is one thing for the citizens to use and hold Bitcoin but it is another thing for legalisation of this digital currency to take place.
I feel it will impact in the economy more if the government takes interest in it.
However, the concerning point is, will the government accept it into the country system?
It is one thing for the citizens to use and hold Bitcoin but it is another thing for legalisation of this digital currency to take place.
I feel it will impact in the economy more if the government takes interest in it.
If the government really concern with their people, they can accept cryptocurrency and allow them to search for a new source income. I am sure that people in India will thank you to the government because they can try to get the money from the new source and the best is they can get a better life with that money. If people can get a better life, that will reduce poverty in that country, and the economy in that country will be growth.