You are viewing a single comment's thread from:
RE: Bitcoin Blockchain Innovation: Sidechains
This is so complex for me right now, because Im still learning, but you make it easy thanks to your great info, videos and posts.
This is so complex for me right now, because Im still learning, but you make it easy thanks to your great info, videos and posts.
It's pretty simple actually. BIG money is pouring into the crypto sector right now so new Silly Con Valley born offshoots are springing up faster than spring vegetables in most gardens across the country. As long as bitcoin holds interest amongst the algorythmic money changers it's blues skies and sunshine. That means everyone here needs to keep buying bitcoin just to make sure that "the bigwigs" all know that you investors are still gullible...I mean, interested enough to keep hope alive. As long as you keep buying they'll know you want them to "Rejigger the current system to make it better...so we can make even more money." That's all Heidi was trying to say. :-)
Thanks for the Info. I'm almost brand new to the cypto sector!! Just 3 months
No problem. There is a lot to watch out for. Most of the bitcoin advocates will tell you that bitcoin can't be manipulated. Heidi did a Utube post about that actually. Can't be further from the truth. Biotcoin is a low float (because many long term holders are simply holding...they can't lose unless price drops to $20) so that means the very few coins that are being swapped on the open market each day are very easy to control pricewise. Do a little bit of internet research. Wall St is now involved. I have psoted about 5 or 6 items here at steemit "proving" that there is manipulation of price via strategic buys and sells. Plus getting in and out is "obviously" a big pain. You can actually trade bitcoin right now if you have an online brokerage account that let's you trade OTC stocks. The U.S. equity exchange traded "bitcoin tracker" is gaining more popularity every day. Trade volumes are picking up. It offers the same overall returns and even beats actual bitcoin at times (I posted a buy advisory today that generated a 8%+ move in 2 hours). So you decide. Do you want to jump thru hoops to trade actual bitcoin...and "hope" your exchange is there to take your sell order as price is dumping $100 in 5 minutes? Or do you want out in 5 seconds with this? :-)
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=gbtc&x=57&y=21&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9