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1221  Economy / Economics / Re: What will happen if we use a one currency only? on: October 05, 2017, 09:57:00 AM
This is something near to impossible to happen. I don’t think so that this thing will ever happen. Almost every country is using its own currency and there seems no reason to leave behind your own currency just for the sake of some other currency.
As much as we cannot predict what the future holds, but there are some things that glaringly seem impossible and that includes having a unified global currency. Do you know why every country decided to stay independently with their own currency ? Who will be in control of the unified currency and how will it be distributed.

If what the OP is thinking is having bitcoin as a currency globally, then I guess he should wake up now and stop dreaming.
1222  Other / Off-topic / Re: What are some disadvantages of BTC? on: October 05, 2017, 08:42:39 AM
Many investots are saying that bitcoin is a bubble, or should I say, like a bubble, that keeps getting bigger and bigger but will eventually reach its limit then will suddenly pop, then the time, effort and money that you have spent in bitcoin will turn to nothing. But as much as investors are saying these things, there are still lots of investors and great personalities that are sure and convinced that Bitcoin can't be stopped and will continue on growing.
Bitcoin will not demolish only because of some haters. If this was true that one day bitcoin will disappoint us then the owner of giant Tech company Microsoft, Bill Gates, would not have praised bitcoin and it would not have accepted bitcoin as payment also. Uber and ebay have also allowed its users to use bitcoin for offered services. Bitcoin is just getting started.
1223  Other / Off-topic / Re: Bitcoin is not gambling on: October 05, 2017, 08:21:26 AM
Bitcoin is bot a gambling.

You can gambling using Bitcoin same like other currencies.
That is so obvious! How can we compare gambling and bitcoin when one is a game and other is a digital currency ?
If someone is trying to say that investing in bitcoin is as unpredictable and risky as gambling, then I would resist the idea. Gambling has destroyed many lives while bitcoin has saved people from starvation. Both are opposite to each other.
1224  Bitcoin / Bitcoin Discussion / Re: Being Unemployed Drives People to go to Bitcoin on: October 05, 2017, 06:55:35 AM
happy to hear if, what we say and understand is accepted, sometimes the fortune comes when we fall, just as I know Bitcoin accidentally, and because I want a job with a decent result ..
Bitcoin is the solution for unemployment. It has provided earnings to all those who have tried to make money. Finally, now people do not have to worry about graduating from renowned universities or references for having a job. Bitcoin is also doing justice. It becomes a source of income of all those who deserve, who have the skills to improve their life standards.
1225  Alternate cryptocurrencies / Altcoin Discussion / Re: Your favorite altcoins for this year? on: October 03, 2017, 07:19:37 PM
The altcoins I hold are ethereum, I believe eth has excellent potential. in the future maybe the price will improve and so high.
Ethereum surely do have a good potential and it is one coin to really watch out for. I believe in the next few months and years it would be a coin worth holding. It has been dishing out some pushy vibes and the innovative idea is so much good for it.
1226  Economy / Trading Discussion / Re: What is the Best Trading Strategy You Use for Cryptocurrency? on: October 03, 2017, 05:53:47 PM
I use following strategies Grin: (as many people do):
1) buy low, sell high
2) buy high, sell higher
3) buy and hold
4) buy in/out gradually (in certain time and/or price intervals)
I agree with most of what you have said as they can still be pretty safe for good trading. But number 2 is a No No unless you want to be a FOMO which can be extremely risky and may tie down your cash for long or probably if you just want set a stop loss button.
1227  Economy / Trading Discussion / Re: Trading is unpredictable job. on: October 03, 2017, 03:53:26 PM
There are many people who lost their money on trading, because trading is unpredictable job, in my opinion i need:
Method ( i must have system trading)
Money ( i must have management of money and risk)
Mind ( i must can control my emotion)
Tell me your opinions?



Yes you need to have a strategy that works for you and stick to it. Thats the only way it works.
Strategies and abilities to make quality decisions are the qualities that makes a pro trader different from an apprentice. Trading is lovely as long as you can make it count and work out your strategies perfectly so you can win more than losing.
1228  Economy / Gambling discussion / Re: How can gambling help you with your life? on: September 30, 2017, 12:51:39 PM
Gambling cann't be expected to have a positive impact on the lives of gamblers. Most of whom are the losers, and gamblers addicted become unfortunate fate.

OP doesn't talk about gambling addicts, he talks about gambling in general.
I think that gambling could have some sort of good impact on your life.
First of all it helps you to forget about the stress in your life for a moment or two, secondary, If you gamble at the right amount and spends the right amount of time on it, it could be counted as a regular hobby
A wise person can learn something from everything. Gambling indeed has a lot of lessons to teach us.

The first one is, stay away from it for your own safety.

Second, if someone still gets indulge into it then do not get greedy because it can produce catastrophic results. Above all, it proves that there are no shortcuts of becoming rich without doing some real work.
1229  Economy / Gambling discussion / Re: Did you ever lose time from work or school due to gambling? on: September 30, 2017, 12:22:03 PM
No, I never lose time on gambling, because I do not feel dependent on them. If I know that I do not have enough time, I do not start playing so that I'm not late for being late for playing games.
Good for you dude. Not all gamblers can lose their time with work or school, there are some gamblers that still have time to their Family and knows their responsibilities.
We should all be like that, we do not need to spend all our time with gambling because it's just part of our entertainment. We can be more affected if we are not gambling with the money that we can afford to lose because that fear of losing inside is really big.

Let's be matured and always know our priorities, if gambling is a distraction in your career or your studies then it does not simply do well on you.
It is really difficult to stay away from something that we crave. Humans have the power among themselves to be anything what they want to be; still it is strange most of them choose to be a stupid. It is because we all are naive, weak and fragile.

We have brain but a heart also. Emotions rule us more than wisdom. That is why even after making firm rules, we always break them.
1230  Economy / Gambling discussion / Re: What would you do with your winnings? on: September 30, 2017, 11:47:56 AM
I'm going to invest 50% of my profit in bitcoin. I know my money needs to work so I need to have the assurance that I still own many of them in the next years or decades rather than spending them unwisely. It's the smartest move that I can think of.
That is really smart to make an investment from the profits that you will earn or have earned ever. It becomes even more beneficial when spend on bitcoins because this digital asset will return an ample amount of money in the near future. It is an evergreen currency and keeps on multiplying with the passing time. If you ask me, I would have done the same.
1231  Economy / Speculation / Re: How MUCH will the FINAL BTC be WORTH? on: September 30, 2017, 10:10:44 AM
Bitcoin doesn't have an expire date. Once mined, they live forever. Even if the private keys are not known, they still have a private key that could be used to "unlock" them.

There is no thing as FINAL BITCOIN

Yes, there is no final price for bitcoin.
Bitcoin price will only be determined based on customer demand.
So, if anybody tells you this is the final price of bitcoin, he is lying.
No one can tell you that because bitcoin has no original price, the price fluctuates!
Sometime the price is up and sometime the price down, that is how it works and will continue to do so till end of time. 

Nobody can know the final price of it. It can be anything since the price is bein manipulated by the big whales. They're able to make the price as high as we can never imagine.
Nothing could be say about the future. Although predictors say that in the near future bitcoin will hit the figure of 10000 dollars. Let’s see what happens next. In my opinion bitcoin will reach to this point and the reason is the people trust and faith. They are investing in bitcoin for the purpose to earn more and more money. They have big hopes from bitcoin. The coming few months will give us the correct answer.
1232  Economy / Marketplace / Re: Where to invest my Bitcoins? on: September 30, 2017, 08:29:35 AM
u can invest ur bitcoin on cloud mining or gambling bankroll
i think its good investment and more better then HYIP
but high risk is always high return, better choose safe way  Smiley
Gambling bankroll can be a good way too if you invest it in a good gambling site though still with a high risk and as long as you are not participating in the gambling itself. I do not like gambling but if someone is willing to dash me some money for bankroll profit, I see no reason why I should not take the chance. Moreover, HYIP is not even suppose to be an option as far as I am concerned for any legitimate investment.
1233  Economy / Economics / Re: Why Should I Choose Bitcoin ?? on: September 30, 2017, 04:56:35 AM
The main reason that I have chosen bitcoin because of the fact that it gives more return on per annum basis as compared to other real world assets like blue chip stocks or person to person lending. Also that bitcoin have pseudo anonymous transactions and I can save my assets anonymously, but this also comes with a problem that corrupt persons can also use bitcoin to hide their black money. And the third thing because of which I use bitcoin is that because of inflation of paper money the money that I have today will worth much less 10 years later, but it's not the same with bitcoin s it's price will definitely rise in the coming future.
If you want to keep a little amount of money in Bitcoin, it does not have any problem, but if you want to keep a big amount of money as ~1 billion dollars, you will have trouble and cannot pass over FBI when you try withdrawal Bitcoin to FIAT.
It is not an option at all to keep all the money you posses in the form of bitcoins or replacing whole of the fiats with the bitcoins feeling it as a safest way to keep them in the wallets. This because the bare fact is bitcoins are not legal currencies and the intelligence agencies or community standards set up by the government are all against the use of bitcoins and their trading. Therefore one must use bitcoins in a limited amount.
1234  Economy / Economics / Re: tax on: September 29, 2017, 08:00:50 PM
I am from Africa. The idea of Bitcoin has not really caught up with us let alone tax on it. Our government sees Bitcoin as a kind of bubble that can't withstand the test of time. So, the issue of taxation on it does not even come close to discussion. There was a recent incident in my country that a set of mining machines were turned back to the country of purchase because the country's clearing authority did not understand what they were. It is that bad.
A whole lot of countries are so much going through this phase and it is funny cause if they have been following trend, they should have been able to find a way to utilize it to even benefit the economy. With the mining gadgets being turned back though, that is quite funny. You would not really blame them anyway, cause some government even have no idea on what bitcoin is or how it is generated, let alone, knowing what a mining gadget looks like.
1235  Bitcoin / Bitcoin Discussion / Re: Who can destroy Bitcoin ? on: September 29, 2017, 02:32:44 PM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
If another cryptocuurency arise and more advance than bitcoin I think it can destroy bitcoin but not that no one will use bitcoin it can be decrease the amount of people who use bitcoin if they see that there is more powerful than btc it's quite ironic that because of bitcoin it can destroy itself.
Yes, perhaps then the price for bitcoin may be affected but it won't really kill bitcoin. And until now, bitcoin can't be beaten by any coin so it is good to trust on bitcoins. there are much greater immerging coins but i don't think they will compare bitcoin because bitcoin has always been the best in class of earning good amount of profits online. Bitcoin has spent a long time in its history and that keeps bitcoin on the top. Bitcoin has been a best cryptocurrency and has been given us a good profit until now.
1236  Economy / Trading Discussion / Re: Is China still going to ban bitcoin exchange in China on: September 29, 2017, 01:43:32 PM
I do not think that China will close the exchanges completely. Most likely they will legitimize all this and the state will take it under control. Most likely until the new year, all of China's exchanges will open and bitcoin will then go to $ 6000
I also still feel this is what China is after. Being able to control the exchanges so they can easily monitor all their operations. But who cares? Whether they want to control, ban, or monitor… Having lesser countries that do not want to partake at this early stage is even better. If they wish to join later when we are grounded, good for them!

The thing is we cannot just let one single country disorganize the whole system that has been built over the years. However, if all these seemed to be over after some months, which I am assuming right now, then china hits back again with their controlled exchanges in the market, then the high soar will be huge.
1237  Economy / Trading Discussion / Re: How do you Panic? on: September 29, 2017, 01:29:11 PM
Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time.
How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL?
What makes you panic and how do you react to it?

mostly i am not doing panic but sometimes u choose wrong option and than u realize that u made panic sell.
That is still panicking as far as I am concerned bro. Whatever will make you not to relax and sell a coin out of panic is not the best way to go.

If you actually studied the trade pattern very well, it will be hard for you to lose and even if there is a downtrend which is normal in any coin, you can still be rest assured there is a support for it to bounce back. However most people always want to get in when coin is being pumped so as not to miss out and that ends up being a shitty trade for them.
1238  Economy / Trading Discussion / Re: Good news to bitcoin traders. on: September 29, 2017, 08:22:01 AM
I expect the price of Bitcoin to fall again to $ 3.4K.
I have not bought it when it was down yesterday.
So sorry you missed that chance. Unfortunately, since you had the chance and you did not take it, you may as well just stick to what is available now cause you may not be able to have the chance of what is available now again. This is based on assumption but that may be your next move now.

Do what you feel is okay for your thought but I feel waiting does not really help cause wherever you buy now is still good.
1239  Economy / Trading Discussion / Re: Dividing your salary. on: September 29, 2017, 08:00:37 AM
I am just trying to convert all my earnings into crypto now. I exchange them to fiat or spend them when I need it. Otherwise, everything will be in crypto, mostly bitcoin and only sometimes it will be in my favorite altcoins. At least 35-40% of my earnings goes to savings.
That is a very huge risk to take mate. It is more like going all in. Why not just leave some of your fiat at a certain percentage and store the rest in your wallet for value increase. If you go by your way, you put yourself at a very high risk which of course may pay you or may not. You and everyone of us cannot absolutely predict the future and cryptocurrency is still in its infancy stage as far as I am concerned.
1240  Economy / Marketplace / Re: What would you like to buy? on: September 29, 2017, 07:07:47 AM
Jewelry as a precious thing will be the best option for me. Having jewels is like keeping money in the bank that can help you whatever your needs might be in the future.
Why will you want to keep a precious jewel in your bank when you can just keep precious bitcoin in your wallet? And it grows faster in value than even the jewelry. Grin Just kidding though… Every man all have his own way of doing things most especially when it comes to saving and buying things. However, Jewelry is a very good one to buy as an investment too.
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