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Bitcoin is majorly being used in these few years. Thanks for sharing the pros and cons of it. 

Anybody tried to short BTCUSD with brokers like Tickmill or Hotforex? How safe to trade like that during major drawdown? Any price feed, spreads or execution problems during this time?

Hi Bitcoin new today is:  ""Bitcoin’s (BTC) price remained resolute this week as global market indexes reacted to oil futures collapsing below $USD for the first time in history. West T

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@Poppin Sooner or later Bitcoin and the entire crypto market is going to be regulated. Unfortunately, I may say, the latest skyrocketing in popularity for crypto made it a target for countries regulators

Anyway, seeing a regulating market may be a good thing after all as we will see less and less scammers and people that use it for malicious purposes. I like cryptos, I like bitcoins but I don't want to see it used to sell drugs, weapons or a form of payment for ransoms.

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Seeing a (government) regulated crypto market will be a hard thing to happen. It's basically like putting a door in the middle of an open field and asking people to walk through it. 

Recent example from Canada: https://cointelegraph.com/news/canada-td-bank-bans-credit-card-purchases-of-crypto-following-global-trend

Also, the part with not being able to sell anything illegal - no way this is going to stop. Yes, maybe not with Bitcoins. But with Monero.  When there is a will, there is a way.

After all that's the idea of cryptos - decentralized, self regulating, untraceable (apart from the transactions). Just like the onion network (deep/dark web) there are so many layers that can be applied in order to keep one's annonimity that if done properly - nobody will be able to find you. 

 

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As I noticed in case of all cryptocurrencies your profit will be always strongly connected with current prices for them, they change fast and unpredictably so despite your strategy you can earn various amounts of money for every month. The simpliest and most popular strategy is trading and buying cryptocurrencies, you just need to monitor prices, buy them for lower ones and sell for higher ones. It's also the fastest way for earning money with them :) Mining is another very popular strategy too but for it you'll need to build your own unit which demands much time and energy from you, as also money for special equipment and electricity. This strategy has many advantages comparing with the first one but considering all that costs it can be really less profitable sometimes. Usually in this case cloud mining is chosen as an alternative which is based on special companies' service, you simply sign up a contract with them and in this way can save money greatly. There are many cloud mining companies now but as the checked and well-trusted ones only Eobot, Genesis Mining, Hashflare hashflarecode.com/ , Hashnest and Hashing 24 are considered, in all other cases there's a great risk for scam. And yeah, mining in general is better for long perspective investing.

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As long as the cryptocurrency remain anonymous, and some of them are made that way, to give it's owner full anonymity, it will be used for illegal purposes. But I can say, that even bitcoin, which is not fully anonymous, can be used for money laundering. You get bitcoin on one wallet, exchange it for another anonymous cryptocurrency, then transfer it to a different wallet, and so on, if needed. Yeah, you lose something on exchange, but the bitcoin cannot be tracked down anymore. There are special services that do this in one go.

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What do you think on expected price of BitCoin this year? And most importantly, what will the price be, when all the BitCoin will be mined out? It's obvious, that the price will rise, as it will get mined out, but how high will it be...

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I usually refer it as a king of the crypto currencies and future leader of all currencies. Some good recovery period for the bitcoin and now it is looking for the 10k dollars level and it will reach there very soon. The next target will be $20000 which is expected in next 2-3 months! Believe in Bitcoin! 

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I would not be sure of such a goal at a price, at least for the next two to three months accurately. Especially, given the current trend of trading on all crypto-exchanges. Plus, you should not focus your mind solely on Bitcoin. So far, I do not expect that more than an interval of 8-10 thousand on https://hiribi.com/ when exchanging Bitcoin

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Bicoin is the leader of the house in the crypto market. The way Bitcoin is getting regulations on the market and everyone is talking about it is quite amazing to gain profits through the investment in this gorgeous cryptocurrency. I believe in the bright future of BTC.

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Sure, it's even necessary to expand your portfolio to lessen the risk of losing your money if the coin's price crashes.

As for the website provided, looks cool. I like it. Thanks for sharing it with others. Seriously, many people will find it useful

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bitcoin is the currency of the future. buy bitcoin is the best kind of investment. smart people can double the bitcoin. xBit.com is one of the bitcoin betting sites where everyone can earn bitcoins.  At present, odds on betting are quite high, and the online sports betting is an excellent opportunity to earn cryptocurrency. It is absolutely secure and advantageous to bet in bitcoin. Bookmakers recommend the online gambling site that is a place where bitcoin sports betting comes in a vast range.  https://1xbit.com/en/

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