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101  Economy / Speculation / Re: Bitcoin value on: April 01, 2018, 05:32:14 AM
I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:

 " like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"

I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.

Yes basically that is true not only in bitcoin but on all things un the world. I will give you an example why does some old baseball cards are worthless and some cost a fortune well because more people like that card.

Yes you maybe new and correct we are on a bear market but if you have not bought anything yet this is the perfect tume to invest.
102  Bitcoin / Bitcoin Discussion / Re: they say bitcoin is store of value on: April 01, 2018, 05:26:46 AM
This is how it works everytime the price drops then market cap will decrease it is not isolated in the crypto market but on all market. If you read the news you can see big investors/comapnies also lose billions of dollars because their stocks went down. Yes bitcoin lost  a lot of money if you are going to base it in market cap but if you will consider the rise of bitcoin from january 2017 to today we are still on an uptrend.
103  Economy / Speculation / Re: Bitcoin below $50 on: March 31, 2018, 06:45:53 AM
No, it will never happen. If you know how to read the chart you would know that there are a lot support level before we even reach $1,000. Also if it goes down to even $3,000 i do not think miners would sell their mined bitcoin and will just hold it. The effect of that happening will limit the supply which may  drive the price up.
104  Economy / Economics / Re: Government Furious on: March 31, 2018, 03:16:22 AM
I do not agree that we need to pay taxes on transactions whatever coin it is. If government decided to put taxes on transaction i think that will be a death blow to crypto currency.

For taxing in trading or capital gains Yes i can deal with that as it is also done in stocks and other market.
105  Economy / Economics / Re: Google ban cryptocurrency Ads ( maybe their joke of the year ) on: March 31, 2018, 03:11:56 AM
On 18 march Google said will ban all crypto related Ads services but until now I still see the ads running, what a jokes?

No it is not a joke they have not implemented it yet and also I am in favor with this social media  banning ICO. Their first responsibility is to protect their users and usually who post ads in social media, of course it is ICO. ICO are popping out like mushrooms and most of them are shady.

Facebook has banned Crypto related ads but sometimes I can still see some ICO. Probably they are reviewing it now if it is a legit ICO or a scam ICO.
106  Bitcoin / Bitcoin Discussion / Re: I’m out on: March 31, 2018, 03:04:30 AM
I had a blood clot on my brain in late January and stroked out.By the time I got out of hospitals rehab a month later I’m seeing 85% losses, with no end in site. I can’t ride this rollercoaster any lower. I’ll be happy to escape with some profits now rather than ending up underwater. Good luck to all.


Another one bites the dust, It is really hard to see your investment dwindling down specially with your situation that probably you never heard a single news what is happening with crypto currency I guess you were shock that the price of Bitcoin and Altcoins have went downhill. Probably you are happy that you were able to escape and was able to get 15% of the money you have invested but if I were on your shoes I would rather lose everything rather than losing 85% of it. Paper loss is  not a loss until you sell it. Anyway that is your decision  and probably it was good for you  because more importantly you need to focus first on your health and keep away from stress of the crypto world.
107  Bitcoin / Bitcoin Discussion / Re: Only 16.7 million Bitcoins in circulation? on: March 31, 2018, 02:58:08 AM
I read an article recently that gave the number of bitcoins in circulation to be 16.7miion. The article also stated that, bitcoins are being regulated not to exceed 21million in circulation.

What is the reason behind this measure to limit circulating bitcoins to 21 million where as the world’s population is 7.3 billion?

Will many individuals not be denied easy access to earn and invest in bitcoin?

Bitcoin is not being regulated to not exceed 21 million it was created that way. To be honest nobody know what is the exact reason why it was created that way, unless you know Satoshi Nakamoto or Satoshi reveals himself and answer that question no one will be able to answer that question.

In concern with the population and being denied to access Bitcoin, it  has smaller units and no one will deny someone, everyone can get bitcoin/satoshi.
108  Economy / Trading Discussion / Re: Day trading was fun! on: March 30, 2018, 04:58:37 AM
It is fun when you making profit, and you will think day trading is disaster when your investment got stuck and losing money, trading need a lot of skills and experience we can't always depend on our luck and the market is very unpredictable so it's risky, but once you know how to handle it then money will come to you, but day trading is very stressful

Yes I totally agree,  It is only fun and exciting when you are are able see your money/coins growing but it is really depressing and stressful when you are losing money. This is why you need to detached your emotion with  your trades even you are winning or losing. I know it is easier said than done and it is our nature to be emotional on money but if you can do this you will be most likely a successful trader.
109  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum TO $400 AGAIN on: March 30, 2018, 03:44:17 AM
It's a goodnews it is good entry to buy ethereum and hodl it .

I think you'd rather wait until it drops to $200, because it will drop to $200 for sure !!





Fully agree and waiting to buy it for $180-$200 per 1 ETH.

There is nothing sure in crypto currency market but anything is possible. after the $400 support level there is still another major support level and that is the $300 area. I do not know if the bears can break this support but if  they did then Ethenreum price may slide down back to $150.

If the price is at that range there is a big possibility that when we reach that price it will be the bottom because $150 per Ethereum will be an attractive price.
110  Bitcoin / Bitcoin Discussion / Re: Will BTC test 5970 USD as it goes into contango on: March 30, 2018, 03:36:17 AM
one thing that i have always believed about bitcoin price is that whenever you break some major buy support and keep the sell pressure up to prevent the jump back up, the price will continue sliding down a lot more. i don't see any significance for $5970 though
the first major buy support was at $10k which was broken in January with a lot of manipulation and whale dumps and ever since that day price has been struggling. right now we are seeing $6k as another one.

Yes I agree with you, also if the bears will able to break the $6,000 support level I think there will a major panic selling from holders and price may slide down further to the $3,000 - $4,000 area. If that happen I assume that the price will be very attractive to people that the price will bounce back right away. If we reach that price I personally will buy a lot of coins.


111  Economy / Speculation / Re: What's happening to Bitcoin? on: March 30, 2018, 03:29:08 AM
There are a lot of news about Bitcoin that creates FUD others have already posted the most recent once. Through our this first quarter there were non stop news about Bitcoin that were not positive which affected the price. Also I know that technical analysis is not that famous on the crypto currency market but still death cross is near and with the current trend most likely we will go below the death cross also a possible reason why prices are falling. Still if you are a planning to hold it for long term just stick to your plans. This market will recover eventually.
112  Bitcoin / Bitcoin Discussion / Re: Could bitcoin change our Future? on: March 29, 2018, 05:24:04 AM
Bitcoin already has changed the commercial enterprise world and banking, due to the fact with the bitcoin make transactions less difficult and with none interference. aside from that very fast delivery of price range and use of very little cost Shocked Shocked Shocked Shocked Shocked Shocked
it is acknowledged everywhere throughout the world and there is a change for the exchange expenses and handling. Grin Grin Grin Grin Grin Grin[BTCBTCmg]

Yes I agree but the changes is not yet done. There is still many things to change on the list.

There should be mass adoption so that dome governments who banned crypto will at least consider reconsidering their decision.
If there is mass adoption more entrepreneurs and companies will be willing to accept bitcoin.
Volatility should change this is the cause why other people are worried in accepting Bitcoin but I do not know how we can do it but if we are able to do it it will surely beneficial to us bitcoin users.

113  Economy / Speculation / Re: Bitcoin Market Prediction by the end of April on: March 29, 2018, 05:06:21 AM
Yes I agree that the bear market is not yet over this March and it will continue next month.  As we can see now the price are just bouncing $7,900 to $9,000 and I think the trend will continue this April. The price may also slide again back to the $6,000 area. There will be an end to this bear market and soon prices will rise. Unless you are a swing trader and you know how to trade it is wiser to just hold the coins and let the storm pass.
114  Economy / Trading Discussion / Re: Fall of crypto is near on: March 29, 2018, 12:42:30 AM
Everyone has the right to their opinion but saving us from  crypto currency that is funny.

There is so many people who posted that the end is near or some sort of it but usually it is from a newbie, I am totally surprised that with your rank you are creating FUD. With you prediction we need more that just a post, you need to provide evidence.

115  Economy / Services / Re: Eligma Signature and Avatar Campaign(FULL) on: March 28, 2018, 07:40:12 PM
Payment received. Thanks yahoo and eligma team.
116  Bitcoin / Bitcoin Discussion / Re: By which year you think? on: March 28, 2018, 05:06:55 AM
i think we all are expecting to takeover paper money by digital currency. if we look around we can see the evolution of digital era. what do you think?
1. by which year digital currency will takeover our everyday things?
2.why you think that years?
3.how you see this change going to come?

No many people are not expecting that to happen. Physical money will stay.
Digital currency will be more popular over the years specially  in 1st world countries but in poor countries who has even have a problem on how to eat everyday all they can use is paper money. How can poor people access internet if they do not have a device.

117  Economy / Trading Discussion / Re: plan to start bitcoin trade on: March 28, 2018, 04:58:00 AM
i  am from india
i plan to start bitcoin trading i choose bitfinex for trading
is there any bitfinex trader please guide with some tricks and tips
i am noob in bitcoin trading tillnow i am just holder
who guide me or teach me basics and complete info about trade i register under his referal
i followed guide in bitfinnex that guide is not for noobs in trading its noobs for new users in bitfinnex
i need guide for trading
please pm if any one intrested

I believe that in order to successfully trade you need to have the technical analysis skills, the ability to capture and synthesize market information from which you can plan your trade. You can also find out about the project you intend to invest in, the development team, who the future plan will be, how the project will apply to human life. These are also very important factors for you to come up with a specific investment strategy.

Also if you do not have any experience in trading on any type of market I will suggest to start with a small amount or better to start with a demo account. Trading is not easy and you can lose your hard earned money fast. I also suggest to learn at least the basic pattern and candle sticks. If you can try to understand a few technical analysis and fundamental analysis. Also the most important thing in trading do not be emotional with your trades because if you are emotionally attached to your trade it will make you illogical that will make you sell on a loss or sell too early.
118  Economy / Trading Discussion / Re: Big gains come with big losses on: March 28, 2018, 04:52:26 AM
The market will not go up continuously, we need some correction in order for us to reach the top.
Its just like our life, so many problem but in the end we know its normal and we have to live for it.
Don't expect big money without encountering problem while you are working for it, just be more patience and your goal will come true.

Exactly people who just want to ride the hype are also the first one who panics and  sells when the prices goes down.

Also if they knew how to invest/trade most of the time if the price went parabolic you can expect a major correction which is not only happening to the crypto currency market but on all the market.
119  Bitcoin / Bitcoin Discussion / Re: Cryptocruncy on: March 27, 2018, 05:08:05 AM
On the options I have all coins in my wallet but recently with the current situation with the market I only bought two coins Ethereum and Bitcoin. With my budget 80% went to Bitcoin and only 20% for Ethereum,

If the market continue to this way I will probably buy more Bitcoin and Ethereum on my payday.
120  Alternate cryptocurrencies / Altcoin Discussion / Re: Breaking: China May Legalize ICO Soon on: March 27, 2018, 05:00:19 AM
According to https://t.me/oneminute_crypto_news and https://twitter.com/EricBai_89, in a public interview by Chinese official web media, People's Web, a famous scholar Dong Yang released that Chinese SEC is conducting the legal research to legalize the ICO and the ICO will become a legit tool of crowdfunding soon.

Nah, I wouldn't be sure of that, they already made a hard stance on ICO's already and not in a hundred years that they will change their call. They are totally eliminating crypto's already and its just a matter of time before targeting the bitcoin mining farms. This is probably fake news again, mate.

Unless, we see some official announcement from PBoC or some Chinese authority, I wouldn't put too much emphasize on this kind of news. Yeah, it will be good to the market if this is true, however, I don't see it happening.

I agree this might be a fake news, until China have officially announce i may consider it a propaganda for the price of bitcoin to rise up.

Anyway If they come around and legalize ICO then I am certain that it will have a positive effect on the market.
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