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121  Economy / Economics / Re: So, you want to be rich? All of you ? on: November 03, 2017, 03:00:31 PM
Most all of us want to be rich.to have a better life.  Buying all the thing that you want, travelling around the world (on the place you did not go yet). Buying all you favorite cars, shoes, clothes and everything just to satisfy your wants. Only those satisfied in their life are those people dont want to be rich.
That would a dream come true if that really does happen but we can't really just rely on bitcoin for it to happen because we need to work our butt of for it to happen and good things come to do who work hard and wait. So we must work our ass of and use bitcoin an saving/investment and wait for it go up high once again which could really happened based on how I see things that is happening already right now.
122  Economy / Economics / Re: Is bitcoin a good way to invest your money ? on: November 03, 2017, 02:51:42 PM
Of course it is, just think about it, early this year the value of Bitcoin is around $800 and now its about $7500, with that you can say that its definitely worth every penny, how much more this coming year, now that the Wall street and other exchanges acknowledges Bitcoin. I can assure you its worth the money.
It really is better investing your money on bitcoin which has been showing a lot of positive things like how fast the price increase in just a year. I really thought that it is not worth it to invest bitcoin last year since the price is already high and would be an exaggeration for it increase in this high already but since it already happened then there's no denying it that there really is no exact date or time to invest since it could go up or down in the coming years.
123  Economy / Economics / Re: If the powerful governments wanted to, do you think they could stop Bitcoin? on: November 03, 2017, 02:41:18 PM
They could stop, restrict exchange on fiat money and money withdrawal, so everyone would sit with Bitcoins.
It possible for a couple of country to do that but what about the other countries that doesn't care about bitcoin since it hasn't cause any trouble.  Anyway, even if exchange on fiat has been restricted then how about a peer to peer or person to person selling and buying of it. Its possible for governments to restrict bitcoin usage but I don't it's possible to be stopped
124  Economy / Trading Discussion / Re: Are You Disappointed In Trading? on: November 02, 2017, 12:29:04 PM
Into the 3-4 years im trading soo far i had been able to stay into the green zone, well i had lost a lot opportunities to close my positions into the green wich turned to red very fast, soo i do see trading as a potencial source of income, but we need to be more realistic and lower our greedy, since it can make us to loose money when we wanna to earn more.
I think you are too greedy and doesn't know how to control your feelings and this will somehow lead you to a big loss someday. But still you are lucky for these past 3-4 years of your trading because the change of price for these years has been big like in bitcoin where it was only 1000$ before but now it's 6000$already and this affects trading a lot. Even if you lose some bitcoins before but still the price has change a lot and currently make you into a gain now.
125  Economy / Trading Discussion / Re: Trading altcoin and holding bitcoin which one is more profitable? on: November 02, 2017, 12:15:07 PM
I have come to realize in recent time that holding bitcoin in ones wallet is more profitable and a little bit risk free as compared to trading altcoin or what do you think ?

Both of them is good but its different in terms of using.you trade bitcoin to gain profits while holding bitcoins means to maintain stability of the investment of the bitcoin.if you want to gain more profits you must done trading  altcoin and holding bitcoin  if there's no problem occur in the system like this coming hardfork segwit.
Trading and holding is somehow the same but holding bitcoin is better if you don't have enough knowledge about other altcoins and about trading itself. Most people think that trading is easy but they haven't experienced making a wrong decision and end up losing a lot of money due to a wrong accusation about that certain coin. But doing both is indeed good since whether you lose on trading, you'll still end up half of maybe more half of your money by holding bitcoin.
126  Economy / Trading Discussion / Re: What is the best Bitcoin Trading BOT? on: November 02, 2017, 12:04:33 PM
I do not trust any Bitcoin bots, but you can check this list here: https://themerkle.com/top-6-bitcoin-trading-bots/ I recommend you do the exchange for yourself directly, here I have placed the different exchanges https://bitcointalk.org/index.php?topic=2229360.0
It depends on what bot you are using since most bots offered things like how you will set up your bot like how high or how low or when to stop and when to continue. Actually there are some good bots offered here on this forum and the most trusted one is Gunbot since there has been a lot of feedback about winnings and most people who loss some money there is because of doing something wrong about the setting. Anyway, Gunbot hasn't paid me anything for this and I know that bot is expensive but it worth it.
127  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: November 01, 2017, 03:13:36 PM
You could do nasty thing with bitcoins, no middlemen means nobody would even know when/where a meaningful transaction is made, at least that's is what bitcoin could do. Bitcoin currently is growing unhealthy too, people are rushing in like gold and bulling the market like nobody else, it's not natural growth the rising price in BTC doesn't mean that people are adopting towards cyrptocurrency, but rather another form of investment which they would dump when the timing is right. Hoping for a holy cryptoworld? it's unlikely when no regulation is here, and no regulation means misuse would happen anyways.
Well we can't do anything about it since it's there money and not ours. But I too treat bitcoin as an investment where we sell when we know that the price is high enough already and buy once the price go down so we can earn money from it and I don't see any problem about that except only if the one who'd do this is someone who is a whale where it will affect the price heavily but he would need to dump a lot of bitcoin for that to happen.
128  Other / Beginners & Help / Re: Does Bitcoin work for online shopping? on: November 01, 2017, 02:54:21 PM
I see some online shop accept bitcoin for payment but I think is not worth using bitcoin for transaction if buy with small amount

Agreed. Transaction fees will make Bitcoin not suitable to buy small items. I think shops could offer a discount if people pay with Bitcoin, in order to cover high transaction fees...
Actually this could be a good way and strategy for online shops. I see most of the online stores selling stuffs which some are cheap while some are expensive but you'll get a free delivery once you spend a certain amount so it would be a good idea to partner it with bitcoin. You can save some bitcoin fees and you'll get a free delivery services if you spend a high amount things on that certain store. So most of the people on that store will only spend high value things to get the free delivery and a worth it fee.
129  Bitcoin / Bitcoin Discussion / Re: The advantages of bitcoin on: November 01, 2017, 02:23:24 PM
The biggest advantage of bitcoin for me is that it creates a completely transparent trading system. The wallet address is the one that links the transaction. Good thing is that there is no name or physical location attached to the address itself. Since not everyone (consumer) wants to see his or her financial/personal details broadcasted on a public ledger for anyone to see. Another advantage is through bitcoin, you can have quick and cheap transactions compared to conventional method of transacting money.

The biggest advantage of Bitcoin is the possibility of getting a little money and a little work. Just have a little patience and commitment and you can really make a living. I would recommend Bitcoin to anyone for this reason.
I don't really see that as a big advantage for bitcoin on other things since you can earn money and a stable income when having a job. I guess that he is correct about the biggest advantage of bitcoin which is anonymity of each transaction but somehow it one of the biggest disadvantage of bitcoin since it's being used too on stuff like a way to pay people for wrong deeds and illegal stuffs so that they're info would be anonymous.
130  Economy / Speculation / Re: Bitcoin just jumped $200, and then dumped $100... on: October 31, 2017, 03:27:16 PM
I don't like what I'm seeing, looks like someone from behind is manipulating the price to their advantage. The price swing is not organic for me, the only one that is benefiting from all of it is the whales. As much as this practice is really fraudulent, we cant really do anything about it. I hope casual traders are not swept by this market manipulators though, and hope that they can at least get a share from the profit today.
I hope what you're saying is wrong because it is really true then those whales or big investors could easily make bitcoin's go low and made those small investors such as us lose some money.  I do hope that it's just a wrong sell order made by someone but if not then goodluck.
131  Bitcoin / Bitcoin Discussion / Re: Bitcoin to eliminate unemployment. on: October 31, 2017, 03:13:48 PM
Unemployment  is one of the biggest problem of any country in the world. And bitoin cannot eliminate unemployment, but it can help to lessen it.
How can bitcoin help lessen it since some people even leave their jobs to focus mainly on their investment on bitcoin and any altcoin and do trading since they earn more there. So bitcoin increase unemployment but it helps people on somehow lessen poverty for only a few people who are interested on bitcoin and got onto it.
Better not to leave your own job rather focus on it and do bitcoin and treat it a sideline where you earn money.
132  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: October 31, 2017, 02:46:58 PM
I prefer holding bitcoin rather than holding gold because bitcoin holding results more then fast fluctuating bitcoin properties can be very useful
For me,  it depends on how you hold these stuffs. For example, you'd like to hold something for a very long time like 10 -15 years for your son to have something in case you need money since surely gold price won't go down and will never bw worthless unlike bitcoin which has even accepted by some countries. Bitcoin is a good investment but not in a long run since you won't know if it will really be a thing in the future but if it goes well and hold it's value for a very long time then it would be a good thing.
Anyway holding both of would be a better thing to do so that in case one of them lose value then you can use the other in case you need money urgently.
133  Bitcoin / Bitcoin Discussion / Re: Schools Are Officially Accepting Bitcoin for Tuition on: October 27, 2017, 03:20:56 PM
Its very good news that bitcoin accepting tuition Switzerland. its milestone of crypto currency. Bitcoin  popularity is increasing day by day another  big example.
Well in a technical sense I would say that this is not an improvement but an expansion, in a way that it is constantly gaining reputation, and out of that reputation it finds more options. Therefore that options expands the probabilities of it making it more popular and goes on the loop. The use of Bitcoin is now starting to get recognized by the people, although few countries are not quite convinced by this still it is making its pumped price.
Come on, this is an a great improvement for bitcoin where some people would just buy bitcoin and spent them to pay their tuitions and save them for the next semesters to come where they would probably spent lower bitcoins since it's price may probably go up after the current semester. A lot of investors would definitely be attracted to it so the popularity of bitcoin will grow once again and so is it's price.
134  Bitcoin / Bitcoin Discussion / Re: is it risky to turn all my money to bitcoins? on: October 27, 2017, 03:00:28 PM
Smiley yes  ,  it's risky to turn all your money to  bitcoin . Bitcoin will be volatile if you know risk and all day long thinking about risks , the risk will come . I tell you the truth, why are you thinking of bad things, bad things will come to you? Why do not you think of the good things that will come, great things await you? a 'fat profit' from bitcoin? I think you should ask the question: are the ways to make a profit from bitcoin better?
Well every investment is risky and in case of bitcoin where the price of it is volatile and can easily be worthless once most of the millionaire decided to leave bitcoin then all your investment will easily be gone. So better invest everything that you can afford to lose just like on gambling. Remember you spend money everyday and think what will happen if you someday lose all your money and become sick.
Anyway, I remember someone who've done invested everything on bitcoin and luckily all the days he waited is worth it but life was hard for hime before that because temptation on selling it got him and he tried to not spent any of it.
135  Bitcoin / Bitcoin Discussion / Re: Are you OK with Bitcoin being called a token? on: October 27, 2017, 02:45:08 PM
Popular use of the word "token", in this community, is/was related to "ETH ICO bubble things", not the creation of Satoshi known as Bitcoin.

BTC = Bit COIN not Bit Token
"...bitcoin closed Tuesday at $4,009 per token — twice its price in July..."
https://www.usatoday.com/story/tech/news/2017/09/21/bitcoin-buyers-libertarian-bent-drive-prices-records/594971001/
The above is only one of way too many recent examples in the media.


Are you OK with Bitcoin being called a token?
Do you need to be sent to crypto re-education camp?  Cheesy

Not at all. The same way that you can call the FIAT in my bank account anything you want. Especially when these words come from well outside the crypto world. In my little group that I chat and trade with I would likely correct a new guy, to help him out, but if he or anyone wants to call it a token, more power to them.

The day when a persons words takes money from me, that is the day that something strange has occurred.
Actually for me bitcoin being called a token or a coin doesn't really matter as long as the value won't be affected of it. I've search the difference being a coin and a token and I can say bitcoin can be somewhere between it. Coin is something that has been issued by the government that has value which bitcoin is just something that has value but it's issued by the government rather by a group or an individual which is one of the key point of a token ,so yeah, its somehow a coin and a token. Anyway, it's a cryptocurrency that has no physical shape or thing since its a online money.
136  Economy / Speculation / Re: Selling Bitcoin on: October 18, 2017, 07:36:25 AM
I'm a week into this whole bitcoin thing so be easy on me. I wonder why you would ever sell a BTC ... For example: you buy 100 dollars worth of BTC but the price drops drastically. Why would you sell it when its that low? You KNOW it's going to go up again. You could wait a month (for example), the price will be up again. Or am i totally wrong here?

We have different choices in life, and the reason why there are people who are selling bitcoin even if they knew that they are not going to have any profits in return is because they are scared to lose even more, so instead of waiting for another PUMP, they've panicked and just sold their bitcoin in a very low price. Lucky you if you are not a panic seller and just holding your bitcoin no matter what is happening on the market.

Mostly this huge price drop that is happening is just a whale, people who are scared will sell, and the whale will be the one who is going to be benefited by this because he is the one who is going to buy all of that bitcoin and going to wait for another PUMP to have big profits out of it.
137  Bitcoin / Bitcoin Discussion / Re: interest in bitcoin is increasing on: October 18, 2017, 07:06:08 AM
As per we can see the interest in bitcoin of people is increasing at a high rate...I believe it will be our future...but will the shoppingsites like flipkar,amazon be able to accept bitcoins?
may be in the next generation.......thanz fr reading

That is what we all expecting on bitcoin in the near future, that it is going to be the world's currency, but right now, it is too good to be true because of the issues against bitcoin. But just like what you have said, the interest of people in bitcoin is increasing, countries in different part of the world are starting to invest their money on bitcoin because they know it is worth it and bitcoin could help them to improve their country even more than before.

Sadly, there are people or countries which sees bitcoin in a bad way(it's ridiculous), bitcoin is a good opportunity in every one of us and I believe that it is the stepping stone for the success of this society, we just all have to believe in it.
138  Bitcoin / Bitcoin Discussion / Re: What are the most common uses of Bitcoin? on: October 18, 2017, 06:44:07 AM
I am a newbie in Bitcoin Forum.I know some of the most important uses of Bitcoin.They are:
1.You can buy a flight ticket.
2.You can rent a hotel room.
3.you can buy pizza and other food related goods.
4.You can use it as a investment vehicle because bitcoin will continue to grow in value.

I want to know other important uses of it.



All of what you have said can be bought by fiat, but the fiat that you are going to have is from bitcoin after you converted some to buy the things that you want or need. Honestly we can't still use bitcoin on buying flight ticket, rent a hotel room(it depends if there is hotel that is accepting bitcoin as a payment), buy foods, and so on, all we can do is convert it, and let fiat do the thing. Bitcoin is just helping us to earn more money more than the amount of money that we could earn on a job.
139  Bitcoin / Bitcoin Discussion / Re: Why does China hate Bitcoin? on: October 11, 2017, 09:10:00 AM
Maybe China doesn't hate Bitcoin, but as we all read above, that they all think that BTC is traceable
So I think this is the main cause for hating it or not allowing in china  Huh

Bitcoin is traceable because we have this transaction history, including where we send the money and so on, but the thing here we don't know who is the owner of a certain bitcoin address, that is why bitcoin is anonymous. Any cryptocurrency is traceable in the blockchain, so I don't know why this Chinese Government banned the ICO's or crowdfunding, we don't know that is their real reason behind this issue, but what is important is bitcoin is still living and it is continuing to rise above the ground.
140  Economy / Gambling discussion / Re: Why we still gambling while we always lose? on: September 25, 2017, 08:39:53 AM
Because in real life, people experience more losses than gaining. Maybe gambling is a bad example to compare but still the lesson still applies to it because real life and gambling are both difficult to win.

I guess not? Maybe that is what you see, but the reality behind this os because we desire more, we need to get back all the loses that we had on gambling. We can't accept the fact that we lose, so in return, we continue instead of quitting having the thought that "How can we take it back if we are going to quit?" But sadly, that is wrong.

Accepting the fact that gambling is not for us is the best way to take back all of our loses by doing something not risky like gambling.
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