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Old 04-12-17, 16:49   #31
KL1NCUNT
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Here is one interesting thread about the upcoming possible drop for BTC that you guys mentioned above

http://boards.4chan.org/biz/thread/4763427

My personal opinion is that drops will always come, and they will be drastic as they always were for BTC, but that's not the point, the point is, it always comes back

Bitcoin Cash was supposed to be "the one" to take BTC down, but it failed miserable, Cash has more blocks for mining, better technology, it had investor Roger V. putting his own BTC and pushing it into Cash, media coverage, everything

and Cash still failed, BTC won and came back stronger than ever, it will happen time and time again, things like this, because people will try to take it down with their scheme and plans and also other people will try to make people think that BTC is going down so they panic sell > price drops > those people that shared panic they did it on purpose to buy when it drops > they buy when people panic sell > it goes back up after days/weeks > plan successful

this is happening all the time but this story with Cash was more recent one
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Old 05-12-17, 01:21   #32
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Quote:
Originally Posted by Macot View Post
There is always a flood of copycats, of course the market is now flooded with "projects" that are fraud and they will fail miserably.

But Bitcoin probably will have a different end, they are now getting accepted by serious businesses and that might guarantee its long term existance (until ther is some even better option availabble). So, probably you don`t quite understand how these thnigs work and so you deny all new changes vehemently because of lac of knowledge.
Mac
It's nice that "crypto-currencies" are developing the market of decentralized verifiable payments. If I was a government, I would not have interfered for a while. It's easy for them to take control, they have started to regulate the market already.
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Old 06-12-17, 12:58   #33
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What do you think about binary options trading though, guys? Is it a good way to earn some additional income? I have recently started learning more about it and I found a helpful resource on https://xbinop.com. I think that combining binary options trading with Bitcoin is a good idea and can boost your income dramatically

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Old 06-12-17, 18:49   #34
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Quote:
Originally Posted by Dimitri View Post

And to answer your question, earning 2100 on a 5500 bet means hitting odds of 1.38, shouldn't take more than those 3 days to find such a bet.
This is not true. If you put 5,500 on a 1.38 bet and it fails, you lose all your money immediately. While it is close to impossible to lose all your money immediately if you invest them in assets (like bitcoins). Realistically, the worst case scenario here would have been if the bitcoins kept their initial price and u earned nothing short term from your trade.

So, even if the profits are the same like a 1.38 bet, the risks are enormously higher with the bet.
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Old 06-12-17, 20:41   #35
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Quote:
Originally Posted by KL1NCUNT View Post
- this is the current Bitcoin price, right now as I'm typing this / $7306.50 (10.24%)

proof:


https://coinmarketcap.com/currencies/bitcoin/
December 6th price: 13 233 $
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Old 06-12-17, 20:45   #36
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Quote:
Originally Posted by Miccho View Post
This is not true. If you put 5,500 on a 1.38 bet and it fails, you lose all your money immediately. While it is close to impossible to lose all your money immediately if you invest them in assets (like bitcoins). Realistically, the worst case scenario here would have been if the bitcoins kept their initial price and u earned nothing short term from your trade.

So, even if the profits are the same like a 1.38 bet, the risks are enormously higher with the bet.
Exactly. But his post was so silly and dumb (no offense Dimitri) that I did not even want to reply to it. He literally compared hunting 1.30 odds with HUGE stakes and compared that with crypto trading or HODLing BTC from bought dips.

Absolute failure. You can't possibly think that you will earn same amount of money from betting **** odds as with BTC or trading. And you will fail multiple times on 1.30 odds and lose HUGE bank, horrible, horrible idea.

Anyway, 13k $ today. Just recently BTC dropped to 5k or something, you do the math whoever bought the dips then.

It's starting to look more and more that this is it, the chance is gone, there won't be no dips anymore dropping to such low prices, under 10k yes, under 9-8 possibly, but we can all forget about those sweet 4k or 5k drops. I think it's never gonna happen again with BTC, but if it does, I'm sure as hell putting all my life savings on such dips.
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Old 06-12-17, 20:57   #37
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It may be huge stake for you, it sure isn't huge for everyone.
Looking at Bitcoin or any other crypto investment as something sure and fail-proof is simply a mistake.
Rule for investments of any kind is that you should be prepared to lose it and not invest more than you can afford to lose.

My point remains, the chance for some 100x profits is long gone.
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Old 10-12-17, 12:35   #38
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everyone is nervous nowadays and the price went down to approx. 14,000$..

I increased my investment %25 today. I think it will react quickly after recent news..
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Old 14-12-17, 11:00   #39
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Quote:
Originally Posted by damir10 View Post
everyone is nervous nowadays and the price went down to approx. 14,000$..

I increased my investment %25 today. I think it will react quickly after recent news..
Bitcoin price is 16,536$ today. I cashed the amount which cost to me 14,000$ and invest them to 2-3 altcoins. Basically, I bought free altcoins in 4 days

I currently use Binance exchange : https://goo.gl/dJCKB8

There are lots of attacks on bitfinex nowadays as they claimed on their twitter account: https://twitter.com/bitfinex

Be aware if you are using bitfinex..
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Old 14-12-17, 21:06   #40
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The rate of increase in the cost of bitcoin is the evidence that this market is small.
Hence the disadvantage: if you will try to convert 'crypto' to 10 millions USD, you will get rate 14,000 for 1st million, rate 13,000 for 2nd million, etc.
I understand that you play with 'crypto' on non-serious sums of money. But still. Where you will withdraw big money? London, Singapore, Hong Kong will not accept suspicious money came from nowhere. You will send to offshore. After sending to offshore there will be questions about the payment of taxes.

I regret that you forgot about the good old casino and try 100x your bankroll in new-fashioned ways.
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