Blockstream Slides from 2015 Explains Why Blockstream is Salty about Ethereum and Bitcoin Cash

submitted by /u/Egon_1 [link] [comments]

source https://www.reddit.com/r/btc/comments/elq4nm/blockstream_slides_from_2015_explains_why/

Nice to see BCH support directly from enterprise blockchain solutions companies.

submitted by /u/MemoryDealers [link] [comments]

source https://www.reddit.com/r/btc/comments/elq3v8/nice_to_see_bch_support_directly_from_enterprise/

Not to circle jerk, but holy fuck I can't wait till the banks get replaced with Bitcoin.

<rant>

People complain about the fees, and time to transfer money via Bitcoin.

I've spent two weeks trying to transfer a measly $4000 between two banks. A transfer that managed to fail, and that now I need to investigate during banking hours.

A transfer that should have taken a week, but has taken two because banks don't operate on holidays and for some reason, and Electronic Funds Transfer also stops working when the banks are closed, just to end up failing.

The whole while, I'm thinking to myself that for a few dollars, and 30 minutes, I could have transferred literally millions of bitcoin and been done.

WHY IS THE BANKING SYSTME LIKE THIS!?

</rant>

submitted by /u/nabeel_co
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Kain_niaK's trading advice

1) Start small. If you make 20 000 USD a year start with 200 USD. If you make 10 000 USD start with 50 USD.

2)When you put in your first 200 USD before you put in a dollar more you put 200 USD back on your account and then continue with your gains alone. If you can't do this then trading is not for you. STOP. Now let's say that 200 USD turn in to 250 USD. You put 200 USD back on your account. Now you continue with that 50. The 50 goes to 25. You take 100 USD out of your account. Before you put it anymore at least a 100 needs to go back. Every single time. This will minimize your risk to the lowest. Only cash out through either Coinbase, Gemini, Kraken or Bitstamp. No other exchanges. Get local contacts you know personally that will trade for cash face to face or online contacts you can trust that will trade for e-transfer or whatever that is called in your country. Use these for under small stuff like 100 - 300 USD at time. Use those 4 other exchanges for the rest. If you can not find decent reliable fiat in and and out gates then don't trade. Try every gate in both directions first. Never assume a gate exists, try it first with small stuff.

3) Don't sell when the price goes down, don't buy when the price goes up. Sell when it goes up, buy when it goes down. This stops working when to many people follow it. But people panic so they sell when it goes down. And they fomo when it goes up so they buy. This dynamic will never change. It exist on every single market. If there is a market of 3 people, one is the panic and fomo guy.

4) You can only make money on a market where you have more information than 51% of the other participants.

5) Find markets that are your size. If you are a small trader, find a small market. If you are midsize, find a midsize market.

6) Try out an exchange, if it's cheating you will find out soon enough. Don't trade on exchanges like Bitfinex that bet against you with the power to move the market against you. There is no winning there. Only illusion. In a regulated casino the house wins 101 games against you where you win 100 games against the house. On a exchange like Bitfinex even a small trader like me can not make any money whatsoever. Flip coins on some trades. Do 20 small trades on coin flips. If you lose on all 20 or on 19 don't trade on that exchange.

7) Have patience for what is promososing. Don't trade that what is bullshit. Don't touch bullshit. If there is nothing but vapor, simply stay away from it. Have some long term stuff, park it in cold storage and try to forget it is there. And have some short term stuff. Park in stablecoin (DAI is prefered but badly accessible) every day when done trading. Don't worry about missing BCH gains while you sleep. We want to trade up slowly but constant and with rhythm and grace. (use Tether if you must but never keep over a 1000 in Tether, Tether will go to zero one day. It will be one when you went to bed and 0.10 when you wake up and never go back over 0.5 forever, it will tail for years or until the platforms it runs on die. Except for omni and tron which are centralised, you might have to run those nodes yourself eventually)

So far my trading tips. This is financial advice. Use it wisely. Don't ever be greedy. You MUST cash out your principal. Cash out your winnings when you can, only trade with your gains. Put some BCH in to cold storage and once in a while deposit something on to your cold storage long term personal high gain savings account. Get to 21 BCH and then invite your friends and family and throw a small party. Don't give em any, don't sell em anything either. Just party. Don't even have to tell em about BCH, just put it on the cake or something. Or adopt a dog and name him bcash. Throw a party for the dog.

submitted by /u/Kain_niaK
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source https://www.reddit.com/r/btc/comments/elow8u/kain_niaks_trading_advice/

Bitcoin: the revenge of the millennials

Our generation is getting the shaft. We are prospected to be the generation that is going to be worst off than their parents. The system is tuned for a generation that is not us. So how do we change it around?

Bitcoin. It's anti-establishment. It will disrupt the few who have gamed the system.

Let's devalue the horde of wealth they sit on.

submitted by /u/Gryioup
[link] [comments]

Buying and holding small amounts of BTC, worth it?

I'll start by saying that I have basically zero knowledge of bitcoin and crypto-currency. Bear with me here.

Recently i've been interested in bitcoin and i'm wondering if I could make some money off this. I'm just a kid and I don't have a lot of money to my name. Could I potentially make some sort of profit by buying around 50 dollars of bitcoin and holding it? The price seems to fluctuate a lot so I could either get very lucky or very dissapointed.

My Dad is setting up an investing account for me, so I think this is a good opportunity to dip my feet in the world of investing and I could learn some good information. Also, I'm not expecting to get rich off of bitcoin, maybe just some cash to help with car insurance.

All advice is appreciated.

submitted by /u/Pajama_Alarm
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Bitcoin Cash surges nearly 14 percent to close first week of 2020 - ForexTV.com

submitted by /u/newsybitcoin
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source https://www.reddit.com/r/btc/comments/elogtq/bitcoin_cash_surges_nearly_14_percent_to_close/