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1061  Economy / Speculation / Re: Exchanges Selling 1 Bitcoin For 1355$ on: February 27, 2017, 10:50:42 PM
Don't be stupid find best exchange to sell at least for 1300$.

where you can get exchanger with price over 1300 dollar
iam find in all exchanger bitcoin price still under 1200 dollar

In local exchanger or thru peer to peer selling.  I think Local exchange will sell Bitcoin higher than the international exchange depends on the demand of people buying on that exchange.  We have seen some country sold Bitcoin $100+  higher than the price of these famous exchanges. price.
Well, it depends on the local exchanges or at least you can access to it. But, I doubt most of us will find it as many people will sell if the price reach $1200 again. Then, why we should sell at $1300? If bitcoin price could reach more than that, better to wait and hold. I prefer to saving bitcoin as long as I can cover my daily needs without do not need to sell my bitcoin.
1062  Economy / Gambling discussion / Re: How can gambling help you with your life? on: February 27, 2017, 05:04:17 PM
Gambling isn't helpful to me, its just helping in some other ways in terms of something that I need to relax myself by doing it for entertainment just as simple as that only. But about my life, no its not.

Don't say that gambling isn't helpful to you if it is helpful in some other ways. What do you call that? Still gambling is helping you that way to relax yourself. And we can consider that with gambling as it is giving us enjoyment with our lives if we are going to use gambling as a source of our entertainment and not with profit.
You're right ,i think he just sees the disadvantage of playing gambling rather than the advantage of playing . I am thinking how did he say that it isn't helpful to his life and didn't explain why. The thing that comes from my mind that maybe in money problem because it is  the most common problems in gambling that i saw and encounter .
Gambling only for fun or to chase more money?
Gambling already making many people loss and ruin their life, but others could make good profits.
The answer are : yes and no, depends on each one of us. For me, it's not, simply because I can't make more money and get so much losses. If you said that gambling could help as a relaxing activities, than there are a lot of other things to have fun and entertaining.
1063  Bitcoin / Bitcoin Discussion / Re: It's freaking 2017 - Do you own 1 BTC? on: February 27, 2017, 04:14:01 PM
I remember several years ago similar poll was made and i was surprised most of the users answered NO.
In case your answer is still NO, I'd like to know what is your main reason not to own one bitcoin?

Happy holidays!

edit: grammar

I didn't have atleast 1btc due to its very hard to earn. I am striving so hardly to get this. I believe that someday I will have my bitcoin, slowly but surely. Bitcoin will help me a lot  in my everyday need. It helps me when I dont have money in my pocket. I can buy goods, pay bills , and I can by my neccesities to. I wish I could have a bitcoins too someday. I will
It's hardly to reach BTC1 if we don't have any specific time, intended and determination to ensure that I will hold my self until at least BTC1 stay save in my wallet. For people who do not have a job or a steady income every month, it will be even harder to achieve the goal. Well, I've proven it by myself. I could manage to have BTC1 if I have steady income every month, in order to avoid sell my bitcoin to cover my daily expenses.
1064  Economy / Economics / Re: Make money from money on: February 27, 2017, 03:13:53 PM
Well, basically every business, definitely need money to make money very much. for example, if someone is trying to make more money, maybe she should invest in one altcoin, or something else. it requires a lot of money, in order to generate a lot of money. it is a natural thought of a businessman.

Yes, it is not possible we make money without capital. If we work certainly needs to be the cost to fill up got a salary. I think the modern world be like that, make money with money. But this is a problem for which has no capital, they will be marginalized and continue to be poor and not be able to compete with who have the money.


actually if we don't have capital to spend on we will struggle to earn some money and i think we will do some hardworks before we can earn with it but also we cannot earn huge money unlike if we have huge money where we can hire more people to work from us and spend for advertisement so that our business plan will be scattered and if this happen we can earn huge money from our spended money.
All businesses require capital, I never heard any successful business that runs without capital. But it does not always depend on the capital on what will you earn, also your profit is not proportional to your capital. It always depends on how you will spend or allocate that capital in order for you to earn. That is why Financing is a great tool for people who want to know how to allocate their capital in order to have an efficient business without incurring any extra cost.
Indeed, people always say about big capital in order to get profits, but I've ever seen some people in my country and other countries, who start their business with small amount of money and even nothing. He just started to work for another and collect his own capital.
So, I have to say capital is important thing to build a business but knowledge what makes it different as time goes on to keep your business stand still and grow up. But, we know not everyone could do it, the process to achieve that are going through hard way and long time.
1065  Economy / Speculation / Re: best strategy right now : buy & hold + buy more VS buy & sell on: February 27, 2017, 02:43:57 PM
Not yet , i buy back on 11 march , all part of the strategy. After that i hold for the coming years to come. Now i must wait till 11 march. A bit risky but we will see.

Good luck with that.

If the ETF is approved the price will probably rise abruptly before anyone without inside information even hears about it. You might never see these prices again.

Of course if it's rejected the price will dip abruptly before anyone has a chance to react, creating a panic and a great buying opportunity.

The difference is that the dip will be temporary. Before long the price will rise again to much higher than it is now.

My strategy is to hold and wait, but try to reallocate some funds for March 11. If the ETF is rejected, buy the dip. If it's approved, wait for the mega-rally to run its course and buy the inevitable correction which will follow.
Yes, that's why buy and hold for a while is a good decision. In general : bitcoin won't fail, we believe in bitcoin and always support iyaa the king of cryptocurrency. So, you won't regret to buy more and more bitcoin, the option is when will be the right time to buy? Before the rise and buy on the dip obviously. Why we should sell at $1200 instead of hold and wait until the price reach $2000-5000-$10,000? Depends on everyone strategy, but I prefer to hold as much as I can.
1066  Economy / Economics / Re: Is trading just educated guessing? on: February 27, 2017, 01:53:24 PM
Can you really be sure you will profit unless you have insider info?
Yes, more or less, trading is an educated guessing. Even though you have an insider informant, who can predict it precisely in the market? At least you have to learn the idea of the coin and whose behind the project (the devs team). Is it something good and people will trigger to invest on the coin? Are they (devs team) trusted?
And then, guess how it will be in the future. But, trading require good analysis and perfect time to buy and sell. However, trading is a game to get profits while others get loss.
1067  Bitcoin / Bitcoin Discussion / Re: Do you think the big names are invested already? on: February 27, 2017, 12:08:16 PM
About Donald Trump, it's either he is the one that will take over with his own port folio to bitcoin. We all know him as a businessman it's another title for him. And we know that businessmen are into making profit, as long as he has enough background to it and he has the capacity to put his entire wealth into seeing the possibility of profit.

Do you have any reference about i have read the US government planned to acquire blockchain technology and two months before they had meet and US commerce department went to blockchain and discussions were around 2 hours. Check in google for further reference about it.

I just read it somewhere here on forum. Maybe you can try to read this news http://www.coindesk.com/bitcoin-blockchain-trump-go/
I'm thinking that Trump is truly doing something already with the possible research with blockchain / bitcoin to be specific.

Fair enough, so we can consider that Trump has a role in ETF decision : Attendees of the event included the acting chairman of the CFTC, J Christopher Giancarlo (via teleconference), who has embraced Trump’s 'Make America Great Again' slogan as part of his own agency agenda. Also there were a number of lawyers from the SEC, the National Futures Association and representatives from large law firms and investment banks.
I think some big names will invest on bitcoin if SEC approve winklevoss ETF as a regulation is needed to put their big funds.
Or maybe some of them already invest on bitcoin but keep it on silence, nothing for sure without any legitimacy.
1068  Economy / Speculation / Re: Get ready to SODL on: February 26, 2017, 11:56:55 PM
Time for another round of profit taking if we hit 1200$.

Not really, it's impossible to know, and I don't really care. If we go down, that's great news, it just means we have more time to keep aiming for our bitcoin goals. If bitcoin keeps going up, I will never be able to reach the 21 BTC goal.

If it goes to the moon, well it's good, but it sucks cause I want 21.

If ETF passes we will go 10,000+
Great points, I agree with you. Our goal is to have at least BTC21 in the wallet, because that's the challenge from the first time.
Bitcoin price always rise and fall, traders aiming to get every cent of profit as much as they can. Many people attracted to do the same thing while others don't really want to do so, to keep their own bitcoin save instead of purchase fiat money which not very valuable than bitcoin in the future. Whenever I can afford my expenses without sell any bitcoin, I will continue to save more bitcoin.
1069  Economy / Gambling / Re: 1x฿it.com - Most Competitive Sports฿ook & Casino | ฿est Odds & Wagering Options on: February 26, 2017, 11:47:47 PM
where is my f*cking mbtc?


calm down , did you make a deposit below 1 mbtc?

read here the rules https://1xbit.com/en/information/rules/

"Account can be deposited at any time. Minimum deposit is — 4€(or equivalent in the account currency)"


it was really small amount to deposit by the way , are you serious?
no wonder your deposit never credited lol , you did not even read the rules.



i deposited in lower amounts before, no problem.
How is it going man, did you get your mbtc back? I hope so, even though it just a small amount.
Every player need to read the whole rules before start to join the game to avoid such problem. If you get one, do not hesitate to ask online support about it.
1070  Bitcoin / Bitcoin Discussion / Re: 10 main mistakes of Bitcoin newbies on: February 26, 2017, 11:32:12 PM
Hi, with price soaring and newbies joining I found useful sharing this miniguide.
Hope this is appreciated

http://immutable.today/10-mistakes-bitcoin-newbies/
I visited at the given link by you , but I didn't find any better thing which should be 100% best for the newbie . Because in my opinion most of the newbie entered in the bitcoin only due to because they want make money in sudden way but hardly they understand perfectly in the starting .
So here instead to explaining about the buy/sell for the bitcoin/altcoin at particular timing of mistake , we should explain them how to understand the system.of bitcoin in better manner thoroughly so that our travel in the bitcoin job goes smoothly .
well good luck for your this topic , but keep in mind that you need small more changes for the better expiations about bitcoin for specially newbie .
Well, it just miniguide that mentioned the big picture to avoid some mistakes, not all of it and explain every detail to start using bitcoin, buy/sell and the system of bitcoin which already explained many times by others. Newbies just have to search and read about it, depend on their interests. However, I like this topic and enjoyed read all of it.
1071  Economy / Economics / Re: How did Bitcoin start to price increase? on: February 26, 2017, 11:11:36 PM
Bitcoin prices have been increasing since it was founded in 2009. It has not dropped back to the prices back then. The prices is primarily driven by supply and demand and not really anything else. If people want to buy bitcoin at that price and people want to sell at the same price, that what determines the prices.
Indeed, bitcoin had never dropped back to the early price in October 2009 which the first exchange rate was BTC1,309 equal to $1 and now $1170 equal to BTC1, amazing changing over time.
What interesting part of whole stories is how people attracted to buy bitcoin in the first place.
Because bitcoin is a revolutionary technology and enable a new way to send payments over the internet.
1072  Economy / Speculation / Re: THE DUMP on: February 26, 2017, 05:46:35 AM
Added some more shorts.

BULL trend IS OVER. Mark my words.

Hehe.

Another pump & dump. I smell your money in my pocket Smiley

Bought some back...  Me gready bastard.

Just sold those coins.  Smell some drop in near future.  Nice trade anyway...

uh huh.
Nice catch, looks like his words to influence people, I mark your words Cheesy
You may regret didn't sell it at $1200 which the highest price yesterday, lol.
Anyway, you had nice trade. I think bitcoin market will has more buyers or increase rapidly during this waiting time for SEC decision until March 11th, you may have to buy back before too late or wait a little longer after ETF get denial.
1073  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not dead yet but should be. on: February 25, 2017, 11:46:04 PM
wow. that's a very retro article. i kinda feel like i'm back in 2011/12 reading that. i think things have moved on a little from that viewpoint. and who cares what the comments section says? they'll be the very last on board.
Only speculation from them to trigger newbie users panic sell I guess, as people want to buy bitcoin at cheaper price before ETF approval on March 11th, highest price maybe reach a day before the decision from U.S. Securities and Exchange Commission.
However, the chance of ETF will get approval less than <40% so we can't expect so much.
1074  Economy / Economics / Re: What would be effect of denial from ETF on: February 25, 2017, 11:27:40 PM
As per ETFdailynews[1], there are only 35% chances of U.S. Securities and Exchange Commission approving WINKLEVOSS BITCOIN TRUST ETF.  Now given situation many are thinking and pumping their money in purchase may find it difficult. Would it trigger bear phase in market.

This is not the first time when ETF has declined bitcoin. This is third time ETF will consider bitcoin.  Bettor have put only 35% money on approval by ETF

[1] http://etfdailynews.com/2017/02/21/odds-say-the-winklevoss-bitcoin-etf-has-just-a-36-chance-of-approval/

Thanks for share the article, I understand why winklevoss ETF has just 36% chance to get approval.
Not because the volatile of bitcoin price but security problems : The case for denial of the product rests primarily in the history of security breaches this asset class has suffered, most infamously the Mt. Gox debacle. More recently, hackers helped themselves to about $65 million worth of the virtual currency in August 2016. if SEC disapprove ETF, bitcoin price maybe fall to $800-$900, but who knows? Time will tell us.
1075  Economy / Economics / Re: What It Means For Banks When Bitcoin Is Worth More Than Gold? on: February 25, 2017, 10:58:24 PM
We clearly see that someone do not want to see Bitcoin cost more than gold price, when Bitcoin hits 1200$ instantly someone is starting to sell Bitcoin very cheap to control the price.
What it would mean for Banks when Bitcoin will cost more than a gold?
For Banks? I don't think it would be mean/affect them, maybe just a little bit, simply because bitcoin and banks are in different matter. Banks still handle fiat money transaction and bitcoin just an alternative currency for now. Although, we need fiat money to buy bitcoin which makes fiat as another major foundation for bitcoin environment.
1076  Economy / Gambling discussion / Re: Most of the money on: February 25, 2017, 10:29:47 PM
Most of my earnings are from dice. The bad thing is that most of my losses are from dice as well. It's just so easy to play but the odds are on the side of the house of course.

mostly we get the money from the dice game, but most also lose money on the dice game. Dice games are games of chance, games tempt fate. Place a bet many times in a long time. We did a couple of wins when lucky, but the number of the defeat was too much, and sometimes even more than the number of victories.
Dice gave losses for me so badly, I don't know how to make profit through this game, simply role and suddenly my capital gone for good. I prefer get my biggest profit by placing some bet on sportsbook, maybe not so big but I've managed to save some amount.
The best thing is, I enjoyed the games and like to analyze the match.
1077  Bitcoin / Bitcoin Discussion / Re: Bitcoin To Cash - What's the best and fastest way?? on: February 25, 2017, 09:50:39 PM
What possibly could be the best way to get Cash in hand for your Bitcoins? Maybe in one country or to another.
Keep the safety and speed of the transaction in the mind.

Am I misunderstanding? But, you asked for the best way to convert bitcoin into cash, right?
Depends on where do you live? I believe in every country may have different way. the first time I convert my bitcoin through local exchange, you can find them in your local section or search in google/facebook. I live in Asia and there is an African exchange called bitx or Luno (now), where I can buy or sell bitcoin to get cash.
1078  Bitcoin / Bitcoin Discussion / Re: Bitcoin adoption in Africa: Bitcoin solving problems in the country on: February 25, 2017, 09:33:28 PM
Hi Everyone,

We come to learn that Bitcoin adoption is rapidly growing in Africa. Analysts say that Bitcoin could be a solution to problems in Africa including remittances, economic difficulties and even corruption. If this would be successful for Africa, would it do the same for other countries too?

What can you guys say about it? Smiley
To help in financial sectors maybe going so good until now, but not to solve government problem about corruptions due to apply smart contact is not easy. They're doing so great which could penetrate into Asian market and I've ever used their services too : BitX announcing that their wallet was downloaded 100,000 times in Google Play, it only shows that Bitcoin transactions
I just know that bitx is Nigeria based business, even though I know they are in Africa. It shows how much bitcoin has growing in there.
1079  Economy / Speculation / Re: I don't want a $2,000 bitcoin by February on: February 25, 2017, 08:27:57 PM
Is there anyone else on this forum who is solely interested in what is best for bitcoin and not necessarily just it's price going through the roof? I suppose if it's price does rise high that would be a good thing for bitcoin, but not always. If it shoots up too quickly because of hype or what have you it could collapse like it did before. However I do believe that if the price crashes all the way back down like it did in 2013 it will only strengthen bitcoin even further, just like it did in 2013. However that doesn't mean that's what I'm hoping for.

I'm rooting for a slow and healthy climb like we've seen the past two years. I don't want to see a $2000 bitcoin by February, only to be followed by a $200 bitcoin in March. What are your guys' opinions? 

Only if the market cap bigger than just enough which cannot manipulated by the capital. Then, I consider $2000 in the nearly future or faster climb is necessary. Yes, slowly increasing but surely make people will not sell their bitcoin simultaneously and massively.
However, significant decrease will make traders sell out bitcoin obviously but it always happens in every rise, such as we are experiencing now after break $1200 point yesterday.
1080  Economy / Speculation / Re: What is the timeframe to get in BTC in the event of ETF approval on: February 25, 2017, 08:12:22 PM

China won't ban bitcoin completely in my opinion as bitcoin has nothing to harm them, regulations about exchanges will be enough for them, moreover Chinese traders are not the major players right now as we told before. The point is, even though bitcoin price fall, people will buy more and more.


So who are the major players?

You think that just cos the USD exchanges are leading at the moment (due to clamp down on CNY exchanges), that it isn't the same forces operating on the USD exchanges, as it is on the Chinese ones?

Bitcoin doesn't do anything that conventional finance can't do just as well, if not better.

.........except for circumnavigating Capital Controls that is. I wonder to players in which major economy, this feature of Bitcoin may be quite appealing?
Japan traders seems lead the market now, https://coinmarketcap.com/exchanges/quoine/
 but I guess others first world countries hold big portion as well, USA, Europe, UK, Russia, I will say they are the major players (every country that have the biggest global volume trading and holding huge amount of bitcoin). I prefer to assume that bitcoin volume has been spread widely than consider China monopolize bitcoin. Well, whatever you want to assume about it.
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