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1001  Economy / Economics / Re: The lack of financial education on: January 30, 2018, 05:25:31 PM
The lack of financial education in general is a worrying problem. We teach students about literature, maths, science, ... and we tell them that those are the things they need to know in life. Yet usually, the largest single expense they will have on their lives is a house, and that normally comes with a mortgage. Yet, only a few schools will tell them what should they be expecting, the risks and the consequences of such a contract.

Bitcoin and alts is another case in which people are carefully kept in ignorance by the governments and lobbies.

What can we do to make more people interested in economy and finance and to better educate the youth so that they don´t get ripped-off?
Unfortunately many educational systems are focusing on financial related things as a specialized one that is the reason it is not being taught from school level but as a subject for higher studies. But, learning about very basics of common financial system should be done from our day-to-day life like how the lending system is working or how a country's economic is depending on import and export levels are few basic things we can learn everywhere.

Basically education on financial system will help everyone to secure their financial life. The importance of saving should be given for gaining knowledge about financial system too.
1002  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which Coins to buy that will 10x coins from now till August $$$$$$ on: January 29, 2018, 06:45:46 AM

I have an objective to 10x from now till August 2018.

Not day trading, but holdling or ICOs, or forks or whatever other than day trading.

Which alts have the best chance to 10x ?
Expecting ten fold profits from any altcoin may lead you to disaster unless otherwise you fail to do researches very carefully also you need to invest with more than 10 coins so that in average you may achieve what you are actually aiming for. For this reason, to avoid all the hassles, many people here are just sticking within bitcoins and always enjoying more than 10 fold profits but the time frame cannot be same all the times.

Yes, just look for ten fold profits for your investments because if you set any time frame then probably you may get struck with any scam coin which may lead to losing your capital instead of multiplying that.
1003  Economy / Economics / Re: Imagine that economy that we know it today is not needed.... on: January 28, 2018, 09:26:33 PM
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)

The people`s needs are unlimited,while the resources on our planet are limited.That`s why there`s no way the needs of the people to be solved completely.Limited resources mean that everything has a cost,which means that trading is a crusial part of the human civilization.Anyway,i think that the future society will be dominated by robots and all the people will have lots of free time.This will happend in the next century.
It’s not possible to say the word ECONOMY is not something to worry about. Unless we live in a world where we don’t get hungry, where we don’t need anything except just living our life anyway we see it. As far as we are living in this world, economy would be something that matters a lot.

In my view, all the world countries ate going to adopt bitcoins for the simple reason of giving financial freedom back to the people. People must have to take responsibilities and freedom based on the situations then we can fiats will be getting replaced by bitcoins in one day or other.
1004  Economy / Economics / Re: What determines the after ICO price? on: January 28, 2018, 09:01:07 PM
You can't predict the price no matter how successful the ico was in past ico was multiplying your funds just by waiting for it to get listed on exchange but now there are various factors affecting the rogue one them is bounty.
It doesn't affect some ico but for more ico they give their tokens for advertising and the amount of tokens are really high at times because of this the price get's dumped whenever it get's listed on a exchange.
Another factor is general opinion if people actually like the feature and idea of the ico it will get pumped otherwise you will have to hold it until a product or prototype is launched.
As usual we cannot predict the price level of new coins as well the old coins. All the coins are being pumped by the decision of one or group of people. People do create fake demands which attract innocent traders to fall as prey.

Honestly the supply and demand alone must decide the price of any product but when the demand is being created by hoarding coins for the reason of increased prices then we cannot differentiate any coin from really potential coin. Devs sell their tokens from pre-sale to end of sale but we cannot find out where they leak their plans of pumping price levels.
1005  Economy / Speculation / Re: SELL EVERYTHING!!!!! on: January 28, 2018, 08:00:15 PM
You miss the goal of cryptocurrency here, it is not some investment!.
Cryptocurrency was created to facilitate low fees, fast transaction time that no one can control. Not some buy and hold and profit.
Of course cryptocurrencies themselves weren't created in order for people to just invest money in them, especially for a long term period. But it does happen afterall, investments pur in =)
Yes you’re right, Bitcoin was made to facilitate low fees and fast transaction time. But what makes you think that people won’t see it as an investment when the price is volatile as crazy. Take a look at PayPal, PayPal was meant just for making transactions and uses dollars, and it is not some kinda stuff you put money and it starts going up and down like crazy. So Bitcoin is not just for making transactions, it is also for making investment.

And now you are an expert because you are trading for a year.
I have been trading for 10 years in the stock market and trading a year in crypto. Winning and losing is always part of trading. If you lost your 110k the do not blame the market because you are the one who click the buy and sell button.
Eehm… dude, I think you’re wrong in this, cause what you are saying here is totally different from what everyone else is saying. You’re talking about trading, while everyone else is talking about whether Bitcoin is some kinda Ponzi scheme or what. Maybe you should read the op’s again.
1006  Economy / Economics / Re: Bitcoin is useless on: January 28, 2018, 07:09:43 PM
Bitcoin will never become a useless,  many transaction bitcoin is the number 1 used, and thats why bitcoin never become a useless,  try to understand everything in crypto.
Well, Bitcoin in a way does seem useless, and sometimes you might ask yourself questions on why people still make it their number one choice, despite all those things mentioned, while there are cryptocurrencies out there that are better than it. I believe the reason is just because it is the first to get into the market, so they trust it more than any other crypto.

May be till bitcoin is being used as an investment, it may have different characteristics and once it get start used as currency then people's view on this will change into something new and more useful for entire mankind.
1007  Economy / Trading Discussion / Re: Trading by follow signals. Is it good? on: January 28, 2018, 06:51:42 PM
Someone that give you signals is as someone that teach you haw to win at lottery: you can bet that if could really predict the market he didn't need to take money from believers...
Be careful...
Yes, of course. But, when a trader is not good with technical analysis nor he is unable to find enough time to do technical analysis then probably it is recommended for him to go for buying signals from any professional prediction house. I believe there are a lot of such houses are available everywhere but we only need to be more careful on selecting them by analyzing their winning percentage.

When there will be no consistent performance by one prediction house, it is completely meaningless to follow their signals. We must test any signal before using them into our actual trading. After getting confident on the prediction calls provided by such prediction house, we can go for live trading by risking our hard earned capital.
1008  Economy / Trading Discussion / Re: Why is bitcoin price so stable in 2018? on: January 28, 2018, 05:40:56 PM
So it will better to buy right now. Let them sell all their coins and I hope they regret it afterwards.
I believe in holdinhg it. Somehow there will be a big pump this year.

About the stability.
We just got used to a higher number of pumps and dumps and now we are thinking it is already in moderation.
But it is not. 300-400 dollars is a lot of movement.


Yes, the price is quite a bit stable between 10K to 13K and keep between this range. I have heard from many sources and almost every one say that bitcoin will be 100,000K or even more value this year. So if this is true and it really happens, then this price of only 12K *current price" is a very good price to but a lot of bitcoins. Its still cheap if you compare it with 50 - 100K range.
Between $10,000 and $13,000 is not meaning actual stable. The fluctuation of $3000 must be big and definitely get anyone big losses if they fail to predict the fluctuations correctly as 30% of oscillation cannot be classified as a stable prices. I'm not expecting bitcoin prices to stay stable in next to hundred years so it will be too yearly to call bitcoin prices stable in this year. We are in connection phase of recent huge rally so we cannot expect another rarely in more quicker time.

After bitcoin prices are reaching to previous high levels we can expect what we have experienced the in the past. I mean to say the volatility of bitcoin prices will come into action when bitcoin will be starting its another round of rally.
1009  Economy / Speculation / Re: Do you think that Bitcoin's price will still drop nearly below $9000? on: January 28, 2018, 04:39:39 PM
The price of bitcoin can be any. This will continue until bitcoin is a tool for currency speculators. It is therefore very important to bitcoin used as currency. Everyone who has coins can buy for them goods. It will not stop speculation, but their influence on price will be significantly weakened. Waiting to reduce the cost of transaction and confirmation is immediate.
Bitcoin prices are fluctuating only because it is being used as an investment vehicle and not yet as a currency. Anyhow there will be no possibility of prices to break $9,000 price levels as per current market sentiment. Confirmation time and transaction fees are getting reduced as people are switching into segwit wallets. I'm expecting bitcoin prices to double in next 30 days. We can expect new all-time high prices by end of this February, I mean to say there will be no possibility of bitcoin prices to break $9,000 price levels even it is being mostly used as investment opportunities.
1010  Economy / Speculation / Re: Bitcoin broke $12,000. Still a good time to buy imo. on: January 28, 2018, 03:45:09 PM
I don't think this is a good time to buy bitcoin. Bitcoin price is still fluctuating, it can be reduced to $8000 before recovering. The price fluctuation is mainly about $10,000 to $12000. I predict the price will not up $15000 at least in a month again

The price is indeed fluctuating between $10 000 and $12 000, but I don't think it will fall back to $8000. The $10 000 mark has a strong support, whenever the price falls below this mark, it quickly recovers back.
The range bound between $10,000 and $12,000 must be a good symptom to buy more bitcoins for quicker profits. technically bitcoin prices are sustaining around $11,500 levels which may launch bitcoin prices into $15,000 levels in very short period of time itself. I guess we may get new high prices by end of February as per current sustaining market situations.

$10,000 acts as a strong physiological levels, people do assume themselves for cheaper bitcoins around $10,000 as they have seen prices testing $20,000 levels too. So, we can be sure bitcoin will not break $10,000 or $9,000 at worse. As long as these levels are holding then we can freely buy more for short term target of $25,000 levels.
1011  Economy / Economics / Re: dropping value on: January 28, 2018, 03:33:51 PM
I think it's fair bitcoin prices will go up / down continuously, do not be like a coward, just keep your bitcoin bitcoin prices down because supply is greater than demand so it's reasonable, and the price will go back up when demand more than supply that's the rule bro Wink
I don’t know why we tend to forget easily that this has been happening in last past years. Even the same thing happened earlier 2017, and none of us were so sure of what will happen to Bitcoin, although some people were predicting it will go up, but lots of people gave up. I remember my friend also gave, and Bitcoin price increased just next week after he withdrew all he had. It’s best to have patient and not withdraw all you have, profit doesn’t come all the time.

We never need to get panic on price levels of bitcoins. All the need we must have to do is, targeting long term holding. If we believe into long term holding then we may get price levels like 100k dollars or even one million dollars also.
1012  Economy / Economics / Re: The impact of bitcoin on the financial stability of a country on: January 28, 2018, 02:43:59 PM
for countries that prohibit bitcoin, then transactions must be outside the country, of course it resulted in no tax revenue. We know the tax is one of the largest state income
I don’t believe that bitcoin can make much impact to the financial stability of any country, even if it does, I don’t think it will cross 5% and when governments talk about banning bitcoin, there are reasons behind that. But things may change in near future until then we need to focus on saving bitcoins because it will have big impact on our wealth for sure.

Actually I don't know the impact. As long as I can buy foods, clothes or anything that I need its fine for me.
Lol, seems like I just came across someone that lives life just like me lol. I don’t even care about all these economy blablabla…. When I’ve got things that I need, they don’t make sense to me, so no need to bother.
1013  Economy / Economics / Re: Choosing the one | What I think! - Real Job or Full Time Crypto! on: January 28, 2018, 02:32:03 PM
Actually I prefer full time crypto, but I think it's very risky because we also do not know how long crypto will continue to exist. Losing real jobs is also not good, because real jobs can get a definite primary salary.
I like crypto, but I can’t just choose one, I would prefer to go for the both of them. Crytpo is not really secured and you don’t expect getting money all the time like every month as you do in a regular job. Though in some countries, especially the developing ones, governments can owe their workers a long time. That’s why it’s good to have both, so that when your job disappoints you, you can rely on bitcoin, and when Bitcoin disappoints you, you can rely on your job.
1014  Other / Archival / Re: Why to Invest in ICO? on: January 28, 2018, 01:37:16 PM
For me why invest ico. Because the price of the coin of ico if you buy a coin is very chep. And if the ico is successfull your coin are bouble profits.
After you find profits, what you will do ? Just dumping ? Means you do not bother about the future of that project ? It reminds me typical bump and dump rather than selecting promising projects and finds the maximum benefits by holding their tokens for some longer periods. I am not doing like you. If I find a good team and a future for a product then I will invest and hold their tokens for years so that I will get the maximum benefits along with the satisfaction of helping a good project up to the level that I am able to.
1015  Alternate cryptocurrencies / Altcoin Discussion / Re: Hi everyone! on: January 28, 2018, 12:52:10 PM
You are at the right place BitcoinTalk Forum is the best place for a newbie to learn each and everything about crypto trading. In this forum, there are many many members available to help each other with their question. And in this forum you can also find good ICO which you are looking for you just need to do proper research this is a huge forum and you can learn everything here.
Yes, but unfortunately even after people have found this forum they are not ready to make use of this forum as they themselves assume like they are too late to get into crypto world. Because they do compare what people have earned in last years with what they can earn now a days. When they are not comfortable they are not getting ready to work hard for making themselves suitable for the opportunities provided by crypto world.

In my opinion, they must work for the future prices of cryptos. Because this is how the entire crypto world is working. We cannot expect to earn 50 bitcoins for finding one block how in 2010 miners were earning. I mean to say, this is not too late for any one. We are still in the beginning dates of cryptos.
1016  Alternate cryptocurrencies / Altcoin Discussion / Re: Mass Bounty hunter or Full time crypto trader on: January 28, 2018, 12:20:37 PM
Trading is the more profitable option for sure, if you make good trades that is.
But trading requires lots of capital to start and to make sure that you are earning enough for your survival whereas bounties are the rewards for our hard work and creativity. I mean to say that being mass bounty hunter will make sure that you are earning out of your efforts. But trading is kind of business as it may give both profits and losses.

I doubt someone who has never traded will earn a lot of profit.
Yes, to find a good results with trading then we must have enough knowledge and experiences. Without these, I guess no one could find a profitable trading career.
1017  Alternate cryptocurrencies / Altcoin Discussion / Re: What is Raiblocks? Should you invest in Raiblocks? on: January 28, 2018, 12:02:50 PM
Good explanations OP. Until now, I was assuming raiblock is just another clone coins and instead of using faucets they are having captcha solving ways to airdrop their coins. Because, up to some months back I did see lots of services was offered for solving railblocks captchas.

After getting know about the concept and the idea behind raiblocks, I believe they are lagging with their promotional strategies unlike ripple or dash. They are heavily promoting their product and making them to hit news more often also pumping their value time to time. When raiblocks also will be doing the similar things then we can see its prices to skyrocket like how eth have done in last year.

Now a days, concepts and ideas behind the project are playing very little role for success of any coins. Yes, unfortunately promotional methods are deciding their value and then success.  
1018  Alternate cryptocurrencies / Altcoin Discussion / Re: Let's list the best upcoming ICO's of 2018!! on: January 28, 2018, 11:43:46 AM
I just want to keep an eye on this topic so that I may find out that how many people are coming in to promote the ICO with which they are getting paid or promoting their own ICO but suggesting with alt accounts. Because this is how so far topics like these are working here. People do not spend time to find out the good ICOs and asking such a question which helps scammers to promote their own products.

When more number of people are suggesting a same ICO then we can make a conclusion easily. Bit for that, OP need to summarize the discussions into OP. Otherwise this kind of topics will not serve the actual purpose of having them.
1019  Economy / Gambling discussion / Re: Gambler's mindset! on: January 28, 2018, 09:17:54 AM
I have tried to think what goes through my mind when ever I am trying to place a bet. I think something strange do happen to me and that is I always have this thinking that what if I lose, how am I going to feel! I have never want to lose in my mind I want to win always but I think this is impossible. Gamblers here did you always want to win all your bet? If you win all how will the gambling company makes profits?

Its is basically a mindset which can lead you to positive gambling. If you have a fear of losing then you should not come here.

You need to start gambling with the hope to Win and a mind to enjoy the game. Once you started Win, you need a good strategy either to keep your seed money out or to keep your profits out  depend upon how you want to play gambling.

In case of loss, you need to know when to quit for the day and come back again next time with again a positive gambling mindset.
Fear of loss is the safe guard for most gamblers for not losing like it is preventing them from not gambling more. When a gambler is frequenting gambling without worrying about losses then becoming poor is inevitable regardless of how rich when he is about to start gambling. I mean to say every gambler must have a mindset for not risking more. If they do not have such a negative thinking then they will not have any control on their spending for gambling which will make their wealth more worst in quicker time than anyone could expect.
1020  Economy / Gambling discussion / Re: Will you still continue? on: January 28, 2018, 05:58:19 AM
What will you do if after losing several times in gambling, you are left with only small amount of money and that money will be for your fuel or for transportation, will you still continue with the little you are left with? What if you lose?
only gambling addict that has no future but betting will do that kind of action,letting himself to left nothing from playing gambling..because if a person has a good mind he would leave the tab the very moment he had lost more than half of his capital,and return some other time to play again..i respect gamblers as i respect the game,but only if they know how to be responsible about their vises

Desperate people are mostly the ones ending up with that thinking. Its not even logical to risk whatever you have left, when you may end up with entirely nothing. There should be a line that you're not supposed to cross if you don't have that much money for gambling
That's true, don't force yourself if you can't afford already to bet another game in gambling. Just stop playing and play again if you already have another extra budget for it. Put some limitations with gambling, it can also help you not to be addicted with it in the future.
Another extra money ? For how many more times ?
Gambling will never let you to achieve what you ultimately want then you will need to keep trying for your rest of life then I really do not understand that even Bill gates will be having some extra money to continue gambling (by considering what the base bet a rich man will choose).

Frequenting into gambling is not at all recommended even a gambler is making some money. Because when our luck is not within our control then we cannot expect it to be in favor of us all the times. So, Just playing for some times and with some limited funds and then focusing on real life is more important for any gambler in order to have a happier life.
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