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1101  Economy / Trading Discussion / Re: WHEN IS THE BEST TIME TO PURCHASE BITCOIN? on: November 20, 2017, 06:11:52 PM
It needs a lot of considerations to decide whether to purchase or not the bitcoins presently. I personally suggest to purchase the bitcoins in the present market. As it is assumed that  the value of bitcoin will go up further. It will not reduce your assets rather it will multiply your assets.

You should purchase bitcoins and should keep close watch on the market.It is gaining more trust of the people and has penetrated to the market.
Yes, and as the trust keeps increasing, the more we start seeing the trend changing as it would be hard to see low trends staying much longer as there would be a lot of people ready at any moment to take it from there. The market is getting huge and we have not even started the journey yet, by the time the market cap starts getting huge, then people will realize that the value at this time is just the best value right now.
1102  Economy / Exchanges / Re: Anyone use YoBit anymore? on: November 19, 2017, 01:20:59 PM
YoBit has always been one of the biggest exchanges that has been created, but the owners are so greedy, they want to raise as much money as they can, and this is why they are listing shitty coins only to receive some bitcoins for free in order to list them, and that is why there are some pump and dump coins, and nobody can stop this. And they are stopping people to withdraw their funds, probably this is the main reason of why people are not using YoBit anymore, it is a shady exchange.
Any exchange that even cares less about the kind of coin they list is something to worry about. However, I would not really say that should be a problem from them, since the users themselves cannot really know the kind of coin to stay away from. We cannot stop shitcoins and there are just so many of them.

Still, I do not see any reason why a user should have a problem with withdrawals and not have a good support to reach out to. That is shady and I really pity those who feel they are being treated OK right now, because it really won’t be funny.
1103  Economy / Trading Discussion / Re: Daytrading for living. Myth or reality? on: November 19, 2017, 12:47:15 PM
Hello guys! I was thinking about financial freedom and how to reach that. I was trading for 3 years in classic markets and now I moved to crypto. My plan is to day trade with 1000 usd without any additional income from any other job. What do you think should I try this or that's not a good idea?
It is reality and not a myth. A lot of people do it as long as you know you have what it takes to go through with it. Since you already have a great idea about trading from outside the crypto world, I will say you familiarize yourself a little bit with the crypto world so you do not get lost, but I can assure you that day trading with that amount is sure going to be giving you a lot of profit than you can imagine.

Obviously, you cannot day trade with another job as that on its own is a huge job, but you surely can be making a lot. Be sure you know what you are getting into first though and the stress involved before leaving your real job.
1104  Economy / Economics / Re: Will there ever be a Bitcoin Bank on: November 18, 2017, 06:24:18 PM
Does anyone on here think that there is ever going to be Bitcoin Bank, be it something which is centralized or something which isn't really doesn't matter. But I'd think of this as a company, or a union (like one of those credit union banks) where loans would be given out to people with trust, money is held, and so on and so forth.

I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.
With respect to lending services, I cannot really say about that for now which is why we will keep having banks. However, there are P2P lending services once you have a collateral and there are some projects coming up in such areas, so can we have that? Yes we can!

However, some exchanges are already operating like banks, since they must adhere to the country's regulation policies so bitcoin banks are already here unless you want to keep going the direct P2P way without exchanging to fiat.
1105  Economy / Trading Discussion / Re: What's your current strategy? on: November 17, 2017, 01:18:28 PM
Seeing the price right now I'll just definitely stop buying bitcoin and just hold what's on my wallet, of course I want to add some but the price is now on the ceiling and it's hard to reach now so I'm just sitting in my bitcoin. But will surely buy some alts now as I see many dumpers now.
Now, I believe it is even best to trade on the neutral right now.
The price has gotten to a bit of a point of stability for the moment and we can start seeing some little corrections at the moment.

Alts are beginning to climb up gradually and then if it is possible to sell some of for profit, now is the best time, because there is every possibility we may see some dumps again before the fork.
1106  Economy / Economics / Re: Regulating Bitcoin on: November 16, 2017, 10:18:49 AM
Goverments can only regulate bitcoin to fiat exchange. Cause they can control fiat flow through banks.
But they cannot regulate bitcoin or any other blockchain based coins. Specially they will never regulate TOR based or Privacy based currencies.
This is just a dream of dictators.
Dream of dictators truly. That is what most people do not understand and they just keep kicking against the government regulation of bitcoin. Bitcoin still remains decentralized and cannot be controlled. The regulation here will only ball down to bitcoin-fiat which to me is normal and whoever prefers to go the P2P way, that is their choice. Adoption and regulation of bitcoin will even make more investors aware of the digital currency.
1107  Economy / Gambling discussion / Re: Can maths help you win in gambling ? on: November 14, 2017, 07:11:19 AM
The knowledge of math is indefinite. I would also support your point of view that if anyone claims math to be a great help in terms of gambling then he must get the Joker out of the box that is give some serious examples along with the prove that it really helped to win in gambling otherwise we do not have any time to listen to such a trash which cannot get anything actually helpful out of the gambling thing.
Yes, match can’t help you actually to win gambling. There are some sort of games such as roulette and dice along with those cared games that does require you to be good at math so that quick mind and absolute calculations could decrease the chance of losses. Otherwise, it is entirely dependent upon the luck of a person and skills have just a little role in the whole game.

These types of forum are available round the clock so that anyone could learn from the tips shared by experienced gamblers.
1108  Economy / Gambling discussion / Re: gambling ends on: November 14, 2017, 06:18:43 AM
It's depend on people's belief in order to recover their mental from gambling addiction. Family support also really important although it require some time but their addiction will be recover at the end.

So just keep consistent and patient !
Yes, It is not impossible to get rid of gambling addiction. All that you need is a strong urge for not giving up. For fast recovery, you really need some professional help along with the support of your loved ones especially family. You need to tell these people about your gambling habit so that whenever you feel gambling, they may help you in diverting your mind by keeping you busy in different ways.
Yes, it is all one needs to overcome the addiction of gambling. Getting addicted to such things make a person loses his possessions steadily. The first thing required is probably self realization.

If a person has a gut feeling that he is doing wrong to himself then obviously this would prove to be the greatest power indeed again the addiction of gambling. Moreover, anyone who is quite sensitive and has no control over his emotions then he can take the support of his family members to help him get out of this problem.
1109  Economy / Economics / Re: Wonder how many people can hold BTC for more than 3 years on: November 14, 2017, 03:23:15 AM
For now i think many people are now starting to hold their bitcoin because we seen the continuous increasing of bitcoin value, every year it will gives us huge huge profit even me i am planning to hold my bitcoin for long period of time and it will lead me to be rich in the future.
So many people did even in past years and so many people are still doing. I have held some, I have sold some and it all depends on each individual and how long they are willing to hold or how urgent a particular need may arrive for them to have to withdraw. Holding is good and anyone today would obviously know it is better to hold than to dump.

Any people can do that but its almost certainly that not all of my Bitcoin holdings will remain intact for 3 years. What I mean is through out that period I will sell some of my Bitcoin and also will continue to accumulate it. With the markets changing all of the time we need to take advantage of the prices which we need to take profit because we don't know that in the next 3 years that it will go up in price.
That is just something that can give a whole lot of profit even at the end. Taking advantage of the market at highs and then getting back in at lows. It is not just by holding all the time. There are so many opportunities of making more money that abounds in the market. I have made so much with my country fiat just by taking advantage of opportunities like this and I will keep making even more as time goes on.
1110  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Wallets for altcoins on: November 13, 2017, 05:46:52 PM
I think myetherwallet is the most widely used because of the support of many coins especially erc20, but lately we need to be careful of our MEW security because there are so many thieves in many ways, most thieves take advantage of our ignorance, they use fake links to deceive us and then steal the coin in our wallets
MEW can only work effectively when it comes to tokens and not all altcoins are ERC20 tokens.
With that I would even advise anyone who wants to keep their token secured to even make use of either a cold storage like ledger nano or light desktop wallet like Exodus. I am just never comfortable most times toying with my private keys on MEW which is why most people have fallen a lot for scammers cloned websites.
1111  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How to start investing with 1$? on: November 13, 2017, 11:27:31 AM
I would advice you to add a few more dollars and buy a good undervalued altcoins which have potential of making it in the near future. The thing is most exchanges have a minimum buying rate of 50 000 sat and $1 is worth around 24-25 000 sat, so having $1 on your wallet might limit you to buy some cryptocurrencies. Once you have managed to put in a few more dollars, try day trading, buy when its low and sell when its higher, don't forget that. You might even make more than $150 profit within a year.
This is just the best thing to do. There is no need rushing to do anything when it is not feasible yet. A lot of patience is building up what one has before starting to invest is what is important. The OP can just use the present moment to learn where his investment is going to lie. If it is trading, he should start learning so that once he is able to build up pretty well, then he can start getting his hands dirty.

$1 is extremely too small as far as I am concerned and I wonder how that would pass through being sent to an exchange without disappearing into thin air with fees. Except if it is already in an exchange, the dips would have been the best option to buy but now that the alts are already going back high, I doubt if that would be relevant anymore.
1112  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Who is buying up all the cheap alt coins now ? on: November 13, 2017, 10:28:15 AM
I personally believe this is a great time to buy good alt coins. Price is way down as market has shifted to buying BTC. Some more than 50%.



What percentage of your crypto is in alts vs BTC ?
This is very much expected and at least you should have spread your wings a little bit to touch some of the altcoins.
There would still be some correction either way but that would not still stop bitcoin from soaring high eventually. Lots of people are quickly trying to get into the altcoin to train to make some good profit. I guess it is a good period and we just have to watch how things end up going.
1113  Economy / Speculation / Re: what do you think about bitcoin price in 2018? on: November 13, 2017, 09:01:41 AM
In this year January btc price was $800 — $1,150 and now it is around $7100.Can we imagine it will increase like this year?
The truth is none of us can really say if what happened this year would happen the same way next year, lesser in next year or even more surprises await us next year.

Moreover, looking at the trend of things and all the things that happened this year and so many developments that could happen next year judging based on some news that would be made by top players, then we are surely going to see some pretty big move than we even had this year.
1114  Economy / Trading Discussion / Re: Best Trading Website? on: November 13, 2017, 06:48:25 AM
Is that the Upfiring token (UFR). I googled it since I dont know it yet.
It is an ERC20 token so it should be at etherdelta. Try to look for the contract address then paste it at the URL to find the value of it.
Here is how it should look like when you find the contract at etherscan.

https://etherdelta.com/#(uFR contract address here without the parenthesis)-ETH
This token has not been listed on any exchange at all. I just did some little research on it and noticed that. The OP should just chill until the devs list it. There is not so much he can really do about it right now.

All the above, for tokens, there is really nothing about the best trading site, the OP just have to make do with the exchange available to him which most of the time, these new tokens end up getting listed on EtherDelta first.
1115  Economy / Trading Discussion / Re: Dividing your salary. on: November 13, 2017, 03:54:37 AM
Hello, as we all know that Bitcoin is heading straight to the moon. Me, as an employee, do also invest with this cryptocurrency, and I kinda need to divide all of my salary for my needs, and on how much should I invest in? Let's talk about percentage. Anyone?

Some people put around 20-40% into Bitcoin and Alts per payday, some even have started businesses to accept Bitcoin and some other alts, so collect them, themselves.  Cool
It totally depends on how far you want to go and how willing you really want to make a whole lot from the system.
I know of someone who while on his job, learnt how to trade perfectly well and the save up some few months’ salary, quit his job, saved up some little of it to survive for a month and went all in to start trading.

First, he has made so much right now just from the value of bitcoin which has set him up and he is making a huge amount of cash from trading daily as well. So, it totally depends on each individual.
1116  Economy / Trading Discussion / Re: Altcoin trading on: November 12, 2017, 06:57:21 PM
I am a newbie to BTC field.I have little little bit of BTC amount(around $14).Is it enough to trading altcoins.IF it is what are the sutable altcoins

It could be enough investment for those coins which are having really really less volume of trade and as fast as I know I have bought SCL coin and KICK coins at the rate of $0.20 and $0.05 the lowest. There are lot many more but we have to look for good coins as well so I'm speaking about these two specifically. So with you calculation you can get 100's of these coins and what for them to launch with higher prices. For example, SCL is going to hike more than $4 in the next quarter of 2018 which mean your investment could go 300-400% higher and immediately you will have couple of hundred dollars in your wallet.

Thats the way whole thing woks. So try it, nothing is impossible. :-)
You are so right. There are so many good altcoins with a lot of prospects. Most of them usually have been dumped and have been so stable at their lowest right now. With a low market cap, and a very good project with great team, there is obviously so much chance for them to make a whole lot of profit for the investors at the long run.

I have some kickcoin and COSS now from their ICO and I am so going to hold those coins for a very long time as they have huge prospects.
1117  Bitcoin / Bitcoin Discussion / Re: Are you a True Believer? on: November 12, 2017, 06:16:51 PM
Yes I am really a true believer of bitcoin because I know that in the future it will become successful.
There are many people who have a firm belief in the reliability of the bitcoins. This is because of the present situation that has caused the positive vibes to surround the bitcoiners.

Actually the price of bitcoin has not decrease to much low level in the last decade and we have stories of those people that have been witnessed to become the millionaires just by the use of bitcoins. So, all we have to do is to keep the bitcoins in hand and do not sell them in the panic time so that you can get the maximum out of this digital asset.
1118  Bitcoin / Bitcoin Discussion / Re: How likely is it that bitcoin goes illegal in other countries like china? on: November 12, 2017, 02:56:53 PM
If government will figure out that a lot of illegal activities were involve in bitcoin and other crypto currencies there might be a chance that bitcoin can permanently die or banned around the world. Right now I heard so many news about involvement of bitcoin to crimes and illegal transactions and we must get alarmed by this news. The risk of preventing bitcoin transactions can possibly happen anytime soon so we must be prepared by this.
Yes, due to increasing number of the crimes occurring around the world via the use of cryptocurrencies, this might be possible that the whole of money market would turn into the black business. Hence according to me the use of digital currencies must be controlled in anyway and the whole system should come under a strict check of the governmental authority. However, it is not possible as this is a digital asset with illegality and volatility as the basic characters.
1119  Economy / Marketplace / Re: Do you have an idea to invest your bitcoin in offline business? on: November 12, 2017, 12:53:47 PM
As I know most bitcoin users still focus on online business like trading, faucets and online store. If you have enough bitcoin would you invest your bitcoin in offline business like aggricultural Industry, Culinary or may be tourism Industry?

Bitcoin will be known by a lot of people if most bitcoin users use the bitcoin to do offline business. You can use your bitcoin for funding or payment. When your government prohibit bitcoin you can use bitcoin as funding option. I think if you can make sustainable and profitable offilne business there will be a lot of investors from bitcoin comunity who want to take a part in your businsess. Do you think this idea is possible?


Yes I agree and I think it is possible. For me I do much prefer to invest in offline business such as agricultural industry and etc rather than in online investment because it is very rare to find a legit investment program. Plus, i think it is more safe and you will get more profit in offline trading.
Agriculture and real estate is one sweet offline business that if you can do pretty well can give you so much. The truth is if you have been able to get some good value from bitcoin, it is good to diversify some into offline investments too. Diversifying helps to spread risk and then make you a bit more secured in case anything goes wrong in as much as we are optimistic.
1120  Economy / Gambling discussion / Re: return as soon as possible and win back your losses . on: November 12, 2017, 07:16:56 AM
We all can lose in gambling  and lose our money but shall we stop or try to win back what we lost ?
Yes we lose but we dont give up. If we lose our money it doesnt mean that you lose everything. You have the time to win back all your loses.
thats the wrong thing most of you do if you lose that means you should stop and continue with your other activities
instead of trying to recover your loss you will just get more and more losses which can hurt you financially in the future
Gambling is like a mud-well. You are just getting into it deeper and deeper as soon as you are playing more number of times per day. There are so many people who just make things worse by getting into gambling as source of earning. They lose and lose again and then lose again but as they are addicted to it so they don’t feel any guilt. It is not good game, don’t play it rather just go way.

Winning back those earlier losses is not at all possible in gambling. When we are returning nothing would have changed in gambling environment then how we can be sure we can recover our losses. Returning is nothing but "more losses".
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