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1141  Bitcoin / Bitcoin Discussion / Re: Bitcoin is it the Future of Banking ? on: November 10, 2017, 12:22:23 PM
In my opinion, bitcoin will be the bank of the future, people will move using bitcoin because they see banks in general will do some cheating by using taxes
For sure the trust of the people on the bitcoin is gradually increasing and now a lot of the people are buying the bitcoin and they are saving the money in the bitcoin only now. Banks are not really being use by the people to put the money in.

But the banks are the old process to keep the money save now a lot of the people are buying the bitcoin and holding the bitcoin in any of the suitable wallet as for the security.
1142  Economy / Trading Discussion / Re: Can you recommend a cryptocurrency blog I should follow? on: November 10, 2017, 11:46:38 AM
I'm looking for high quality blog about cryptocurrencies. If it's kinda small one with a REAL trader that gives REAL and opinion It will be great.

I don’t have any idea about such kind of blog which can keep you up-to-date regarding the things which are happening in the world of crypto currency. But I will suggest you to follow this forum. This forum is the best place where you will find all the things which you actually want to know about crypto currencies especially bitcoin. There are lot of experts over there which can help you in much better way.
1143  Economy / Trading Discussion / Re: What to do when the market is full of red on: November 10, 2017, 11:15:26 AM
I often lose my temper when altcoins drop sharply.
And in general, I sell altscoin at the bottom
Keep holding, you should set a target that you want to achieve when you bought the coin, and a reasonable target based on the research that you've done not some moon target. If you have a target then you'll stick to it because you know that coin will reach the target, you can also buy more to reduce the average cost of your coin if you really believe it will become a successful project. Also don't forget to set a stop limit incase something go wrong.

Lol for your kind, the best way would be to not peek at the market. Everyone would tell you to hold hold hold and that's basically the most logical.thing to do it such situations
Yep! Holding of bitcoin is the most successful method of making money in the digital currencies world. People used to trade with bitcoin and gamble few years back but not now due to the high prices of bitcoin. Bitcoin has hell of potential of increasing in value in short time and this is why holding it gives you tremendous profit without any hard work. I will also suggest you holding.
1144  Economy / Economics / Re: What would happen if Bitcoin became a legal currency? on: November 08, 2017, 10:31:36 AM
Everyone would like the bitcoin is accepted in all online and real stores and, as as mentioned in the title, what would happen if Bitcoin became a legal currency?

I think there is no need for bitcoin to be legal in a country, the government will just make things complicated because ploitician will have their own personal interest. I just love how bitcoin works in our coubtry, its not legal but it is accepted as a form of payment. It works well without government interference. But if government would help the crypto become develop and advance, then maybe that would be a good advantage of becoming legal.
Yes it will be good if that could be happened.  The rumors about bitcoin being illegal will be changed and those who are hesitant to use or join Bitcoin economy will adopt bitcoin since for them it is safe to be involved with it since government finally acknowledge bitcoin.  We can see in the economy of Bitcoin and then price will certainly goes up but tax will be implemented.

It has been done in some countries, you can check the government of the United States, Japan ... are taxing Bitcoin Miners and Bitcoin Exchange. Although they want to collect taxes on Bitcoin users, it is not easy for some users to not use KYC.
Yes the legalization of Bitcoin is not something new in this world .There are many countries who have already considered this cryptocurrency to be one of the legal forms of capital. I think that this would be causing harm to those who are having many Bitcoins saved up beside for their personal use because legalization means the involvement of government and obviously it would pose tax on the bearers.
1145  Economy / Economics / Re: Electronic Money vs. Physical Money on: November 08, 2017, 09:58:47 AM
Hi guys, I just want to know your views and opinion about the difference in Electronic Money (Bitcoin and others) and the Physical Money. Many people now a days are still confuse about the existence of the Bitcoin and how it differ from our Physical Money that we are using to buy necessity. I hope we could share and learn from each other.  Wink Smiley

For me electronic or digital currencies are mostly to be use for investments in which electricity,internet and digital devices are must  needed so that electronic money will work, lacking one of these will make your transaction will fail unlike fiat or paper money which is a phiysical money can be easily and most conveniently to use that even children and elderly can use fiat instantly.
Both of them have equal importance as far as the use of Bitcoins is considered they are the best choice obviously in case of digital transactions.

If you have to deal with payments through the online banking system or some other dues then obviously the electronic money is needed on the other hand the physical money could be a choice for the users who have to pay urgently as if buying some grocery for your house. Hence this could be concluded that the use entirely depends upon the user.
1146  Economy / Trading Discussion / Re: Don't Spend Too Much Time Trading? is that true? on: November 08, 2017, 09:27:04 AM
Spend much time for decide before buy/sell is good, you need to do that because you won't regret after all in future. Of course, too much time for trading can make your life have trouble, because not only trading need you spend your time to work, take care your health important make money.
In life, there should always be a balance. If you do something too much, then you may even end up doing it badly and then it affects you. Always have a limit and give room for other activities. I stopped day trading because it was affecting me every now and then which I see as something not good.

Long term to me even sounds much more better as you only have few minutes to make decisions, set your trade and then come back may be next day to see which one has gone through or which one to set again.
We all have learn that excess of anything turn into poison trading is a good option for someone who really wants to make the practical use of his inborn talent what if someone spend most of his time just in trading whether in the terms of cryptocurrencies or through some other ways the repeated practice would lead to a boring and monotonous routine.

Hence a balance must be kept between your leisure time and the working hours because too much of hard work will leave you stressed and will also affect your physical and mental health badly.
1147  Economy / Trading Discussion / Re: Found this today why bitcoin is better on: November 08, 2017, 08:05:19 AM
It is true that Bitcoin is better than the 100 dollar bill. Dollar is centralized, Bitcoin is not centralized. Bitcoin transaction is free or a little fee while dollar transaction fee is much. Bitcoin is universally accepted for all kind of transaction.
Yes Dollar being the most highly rated centralized economy is legal obviously and it belongs to one single country as their national currency that is United States.

But on the other hand Bitcoin is decentralized nature and its market value is rising higher and higher due to excessive use and ever increasing the consumer rate. I think that Bitcoin is a far better option as mean of payment and international transactions.
1148  Economy / Gambling discussion / Re: Why trading is better than gambling? on: November 08, 2017, 07:36:06 AM
Because trading offers more possibilty of getting wealthy unlike gambling which the percentage of getting reach is 1 in a billion. Trading is so much better and I enjoyed it much more and unlike gambling that affects me in the opposite side which is stressing me out.
Another reason can be that gambling is mostly depend on our luck, there is very little use of experience and skill, while in trading we need to have good experience. So if a person have good experience and trading skill he can make good profit from trading as compare to gambling.

Not all gambling is based on luck, there are actually a lot of others that are based on your skills and analysis of the game in question. Many are able to make predictions on sports betting based on past records and their understanding if the game and such skills are not obtained from luck
Both in the case of trading as well as gambling no one could predict the results at all. the possibility of losing all you had is equal  in each of the two cases. the only difference is that trading is a long term earning and gambling give you the result instantly.

The point you have put forward is also a valid one that even or not trading  earns you a profit the least favor it can  offer is that there is no fraud or scam in it.

1149  Economy / Gambling discussion / Re: Why I suddenly decided to leave gambling alone. on: November 08, 2017, 07:07:15 AM
Gambling could lead us to some bad moments or bad feeling, stay away from it if it gave you those things. You're not the right one to gambling. Just investing in something else, trading, PTC ,HYIP , whatever but not gambling.

Investing money in HYIP programs is worst than gambling because most of these programs are a scam and you don't know whether you can get back at least your investments. But in gambling at least you can play those games to enjoy your free time even though you don't make money from it. Never invest money in those scam programs.
Exactly, you are just wasting your time and money and if you are investing on it you will also help in promoting so the program will run longer and you didn't realize your making also other people's lives miserable. Investing that is too good to be true will always result in scam so as an investor we should know that signs, instead if we really want to take risk then learn a skilled based gambling and develop your skills to be successful.
Obviously if we draw a comparison between gambling and these scam sites that are available for investment purposes then it is better to gamble then to waste your precious money just for the sake of investing and getting nothing out of it.

I think that you have taken the right to quit investments. The other way left for us to practice gambling and try to be an expert in this field.
1150  Economy / Trading Discussion / Re: Better investement right now, bitcoins or Altcoins. on: November 08, 2017, 06:33:01 AM
bitcoin is a better investment right now, and that is a shame since people are sheep and are stupid by dumping their altcoins in order to get a few bucks more, this way cryptocurrencies will never be mature and only greed pays off, they should ban people who sell their alts for btc for profits, alts will never have chance if it goes on like this, this also proves that those stupid people dumping their alts are not true believers of the amazing projects.
Surely, believing in your coin is the most amazing and vital in trading. Actually you are going to put your hard-earned money in that coin, so that coin must be of such potential that can give you back a better and best profits. Bitcoins have shown in last years that it can make you rich and even richer. All you need is to make that one decision that can lead you to better results.

1151  Economy / Economics / Re: Why Is Bitcoin's Value So Volatile? on: November 08, 2017, 06:00:09 AM
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.


The basic principles of marketing is with high demand and low of supply then the value will increase this simple concept will explain your entire question. There will be no accurate predictions if you want to know when the price will rise or decrease it will always be depends on the flow of the market.
Yeah, you are right. When you talk about the increase and decrease of prices for bitcoin, then you surely have to see all these rules and your observations should be based on logic. Like you said, it is totally logical and according to the business rule.

Bitcoin is non predictable and prices are just shooting up and down just according to supply and demand rule, it will more high.
1152  Economy / Economics / Re: Why is bitcoin better than stocks, real-estate? on: November 07, 2017, 03:02:47 PM
Does the fact that bitcoin work as a universal currency effect the overall value?
The fact that bitcoin can work as a universal currency like USD somehow affects the overall value. Some people buy it for the purpose of buying an item online, and somehow the most convenient way to pay online when a store accepts bitcoin is btc itself. Although people tend to use bitcoin nowadays for speculative purposes, because of the said reason above the fact that it works as a universal currency helps to boost it's current value to a great extent.
Because bitcoin market cap goes higher,higher than anything else.This shows how our economy evolving even in digital world.Bitcoin has already beaten golds marketcap this is the reason it is better than stocks.
As Bitcoin has become the universal currency and most of the use nowadays depends upon speculation method therefore its value has highly increased in the past few years reaching up-to more than $7,000 and is being expected to increase up to $8,000 at the end of this year by economic experts.

Therefore due to increasing demand and high market capitalization it is not wrong to say that Bitcoin is a far better option than a real estate or stock market.

1153  Bitcoin / Bitcoin Discussion / Re: The primary idea of bitcoin on: November 07, 2017, 02:37:25 PM
Hello,

I would like to discuss about the primary idea of bitcoin of Mr. Nakamoto. Was he a/is he a person who wanted to make world better place, to take from rich and give to poor, to create new elite? What I am linking to is that at the moment large mining farms, bitcoin visioneers who started in early 2010-2013 now have most of bitcoins and sad (my oppinion) truth is that they will keep growing than most of society stays in poverty.

I think it is socially incorrect situation as it is because I think primary and main idea of bitcoins was to make world a better place to live, to shorten gap between rich and poor, educated and non educated people...

And finally happened what happened, rich got only very small percentage, while others live as they lived before...

What is your oppinion? What was real primary idea of bitcoin? Are we on a right way as Nakamoto visioned?
Yes you are right the primary idea of bitcoins to make someone rich its actually going to provide opportunity for the people to stand by on his legs and I think everyone must take advantage from it because bitcoin is full of good qualities and now a days it’s very hard to find such a crypto in this world and bitcoin have all these qualities.
Obviously the primary idea of Bitcoin is to provide its users the most appropriate and easiest method of earning their livelihood without putting much efforts and just using their mental skills to cope up with the situations well. Bitcoin is best option when it comes to choosing digital currencies for the sake of trading, investment or other economic issues.

Therefore one must believe in Bitcoins and try to buy more and more of them storing these in the online wallet and securing their future indeed.
1154  Economy / Trading Discussion / Re: how control my emotion?? on: November 07, 2017, 02:10:58 PM
It won't be easy to control my emotions but I have to control it. I will be patient and believe that the price might pick up again. Instead of worrying about the lose I will think how to gain profit. This is a simple way to control my emotion.
It is good to hear that you can easily control your emotions through this simple technique. Actually people do face some great losses in terms of trading but that is not the real time to get panicked and quitting at once. One has to wait for the right time that is the prices to again rise so that he can apply his trading technique for earning back the losses. So just keep your emotions under control and let not them drive you towards your real failure.
1155  Economy / Trading Discussion / Re: How to know about next pump? on: November 07, 2017, 01:43:44 PM
You wish there was a way to know about the next pumps, don't you? Sadly we cannot.

The sad truth is it is all about predictions, we cannot know when will be the next pump but we could expect that it is going to happen for sure after a huge dump, and it is called price correction, and it is going to be a great news for us after we hold our tokens and not got provoked on selling it when the dump happened, then we could sell our tokens finally and have the profits that we are expecting to have.
Yes the entire game is about predictions no one can state it with confidence that the price is going to rise or fall. All we can say about it is that when Bitcoin market value faces a huge dump then obviously the next step is a great rise in rate of digital currency. As we all know that the value of Bitcoins has faced an increment in the recent past then there are possibilities of dumping phase in the next year.

All we can do is keep crossing over fingers and never give up on collecting more and more of these digital currencies because no matter whatever the situation is they would definitely help us a great deal with in financial life.

1156  Economy / Trading Discussion / Re: Do you see trading as fun and games? on: November 07, 2017, 01:15:23 PM
Yes, I think if you like something, you will do it well. Therefore, if you like trading as your game, you will succeed
Yes you are right if someone considers as a fun or game then obviously he will be able to meet the demand. Trading actually requires experience of a person who has indulged himself in this activity.

Chances of a person to attain his goal easily increases when he do not get stressed about the situation and keep on working hard in an easy manner. The bitter reality is that most of us do not consider trading as a fun because it is something quite serious.
1157  Economy / Gambling discussion / Re: Why is gambling so addicting? on: November 07, 2017, 12:23:03 PM
I don't know why but I always get a feeling to gamble, after then losing my money, I quit for some time and then continue, but I know I will lose my btc Sad

Why is it so addictive?
Sometimes greediness strikes when you are playing gambling it is matter of uncontented when you are winning and uncomfortable when you lose some of your money.
Definitely there is nothing bad in life that continues with you forever, every bad thing comes and goes. Like this, profits and losses are part of gambling but the main concept of gambling being harmful is, there is a definite loss for you in the end.

Means, you will be having bad times continuously until you leave it. See all around you and make yourself vigilant and wise for better life.
This is the thing that everyone must understand as a beginner in this field. We all must not close our eyes just to ignore the fact that gambling is not good in any sense. It would ultimately cause the great harm in the end even if someone is finding it as a way to earn money on temporary basis.

Gambling itself is quite addicting for most of the people who get involved in it just because it is a way of fun for some and earning for others.

1158  Economy / Trading Discussion / Re: Time management. on: November 04, 2017, 09:27:17 AM
Most of us have a daily responsibilities.
How do you manage your time in trading and in bounty campaign as well as researching for the news and updates of your favorite altcoin?
After I've already done my duties and responsibilities with my Family, that's the time that I can do my job, earning bitcoin in campaign or social media campaign. Sometimes when my son is at the school that is also the time when I am not that busy since I am just waiting for him to finish his study before we go home. During his school I am using my phone to earn some bitcoin as well when I have some time.  Wink
Bitcoin is all about managing time and those who re good at this thing are successful whatever they are doing using this coin while they are buying trading or working in any campaigns all these things need time and profit comes after some patience and I am also working in signature campaigns this coin has given me a lot but I have a balanced life I give my time to other activities also to live an healthy and wealthy life.
1159  Economy / Economics / Re: The dream of getting rich with bitcoins on: November 04, 2017, 08:30:27 AM
Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.

How much money did you earn with bitcoins? Or did you lose some?

I think getting rich with bitcoin is a common goal for all the members of this forum. However, reaching that goal is no easy task. We’d probably gain some and lose some along the way. That’s why in order to make it big, we must learn the ins and outs first, by doing a lot research and reading posts of experienced bitcoiners.
In my opinion, if you have bitcoin in your life and you have a good amount of knowledge about the bitcoin then you can not only dream of getting rich but there are likely chances that you’ll be able to change your dream into reality.

There is no way that we can deny the worth of bitcoin. It all depends on us, if we can make the best possible use of bitcoin, then we can get what all we want to have in our lives.

1160  Bitcoin / Bitcoin Discussion / Re: 10x Bitcoin Goal in two years on: November 04, 2017, 07:24:17 AM
Bitcoin price is $6800 now. In my opinion, Bitcoin can reach many new top in the future, and increasing 10x is possible. Therefore, investing Bitcoin is a great choice.  Wink
Indeed a good time to buy bitcoin and surplus your earnings, The more you get involved into it the more you get profit, and make the standard of your living better and meet financial needs easily. It not only allows you to secure your future but also letting you to live better in today, reduction in unemployment can be a result of bitcoin , all what needed at this stage is to better educate the mass and guide them properly.
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