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1321  Economy / Trading Discussion / Re: Is there a place to get updates on the latest trading info? on: April 12, 2017, 06:22:40 AM
What you are asking are insider information. You need special privileges from the developers to know that. But you always can read the news or watch out on the altcoin section for ann threads and updates on certain coins you want information.
1322  Economy / Economics / Re: Best way for steady income on: April 12, 2017, 05:18:45 AM
Well, this means you want to make money without work for it? Hard very hard!
The only thing that comes to my mind is building up a good amount of referrals for a profitable service, e.g. gambling sites, PTC-sites or various other Bitcoin affiliate sites. But you need to do much work at the beginning and it is not certain that it will work.


best way for steady income is to have a stable or regular  job wherein you earn your  your monthly salary. just enough to cover the monthly expenses.
1323  Bitcoin / Bitcoin Discussion / Re: I can't use bitcoin buying a coffee now. on: April 11, 2017, 04:49:43 PM
Sad but true. We cannot use bitcoin for micro payments right now. The fees are painfully high and the confirmation time painfully too long. I have a transaction that took a day to confirm even when I paid a decent amount of fee and the unconfirmed transactions on the Blockchain is low.
1324  Economy / Gambling discussion / Re: If today was your last day, would you gamble everything? on: April 11, 2017, 04:45:32 PM
It will be easier to gamble everything because you have nothing to think about, it is your last day on earth anyway. But if you have responsibilities or children to take care, I am sure you will have second thoughts on gambling all your possessions. I am sure you want to leave something for them.
1325  Bitcoin / Bitcoin Discussion / Re: BTC Ban on: April 06, 2017, 01:05:38 PM
Governments can ban bitcoin or make it illegal but there is no concrete way to actually stop us from using it. Maybe it will be harder for us to exchange it to fiat because exchanges will be shutdown but there are still other ways. They can never really stop this.
1326  Economy / Speculation / Re: Google says 1 BTC is worth 1 386 969$ on: April 05, 2017, 03:52:23 PM
Maybe it is the regional settings in your computer that google uses and maybe you belong to the countries that uses period as comma and comma as period in decimal places and so google interprets your number as thousands. Anyway, one look and you know that it is not real price, not even as future price.
1327  Alternate cryptocurrencies / Speculation (Altcoins) / Re: One thing missing in people's price speculation. on: April 05, 2017, 02:11:23 PM
Trades are executed by human. It is rational that human emotions are included in the formula in speculating price. That is why FUD and such works so much. But you would need technical analysis to know if the price has peaked or floored. That will make you a lot of money.
1328  Economy / Economics / Re: Cross-Crypto Market Cap Reaches New All-Time High on: April 05, 2017, 12:02:27 AM
The right time to invest was when the price was not yet this high but this is definitely the right time to trade crypto currency. There will be pulling of price between bitcoin and alt-coins and that is a good source of profit.
1329  Economy / Economics / Re: It's Time To Get Painfully Honest: Banks Are Evil on: April 04, 2017, 11:33:35 PM
Banks are evil, corporates are evil, governmennt is corrupt but there is nothing we can do about it. They control most of what we need.
1330  Bitcoin / Bitcoin Discussion / Re: Trying the new Bitcoin ATM near my house on: April 04, 2017, 06:35:48 PM
I wish I could try one too but there is no Bitcoin ATM yet near our vicinity. I think it will be good if more of this will be available for us so we are not dependent on localbitcoins or just a few bitcoin exchanges.
1331  Bitcoin / Bitcoin Discussion / Re: Bitfinex has raised enough funds to reimburse users from last year hack! on: April 04, 2017, 02:43:26 PM
That was quick, it is not even a year when it happened and they already recovered the funds that was lost.  I guess there are still those trusting bitfinex and its system even after the breach. I hope they are doing a better job now in protecting their users and investors.
1332  Bitcoin / Bitcoin Discussion / Re: Bitcoin implants? on: April 03, 2017, 06:09:36 PM
I do not want anything implanted on me even if this makes paying with bitcoin faster. There are hardware that can do that, and it doesn't have to be planted on my body. This reminds me of the movie In Time, where the time left in their lives is in their wrists. It is convenient to spend and also convenient for others to steal.
1333  Bitcoin / Bitcoin Discussion / Re: Instant exchange transactions on trade sites? on: April 03, 2017, 05:31:54 PM
I've traded on a few of the exchanges and it's quite fast but, you're right, the exchange is judge, jury and executioner as far as the trades go. It's worked well for me so far but lots of people have lost money leaving it on exchanges. I've just been lucky.

It is just bad practice to treat exchange wallets as your storage wallet. That is why those people who leave their bitcoins in trading platforms loses their bitcoin.

1334  Bitcoin / Bitcoin Discussion / Re: Are you a member of the Millionaire Club? on: April 03, 2017, 05:24:31 PM
Right now,  I could only wish I started this earlier. I could even have more than 21 BTC if I did. But now, it is way too hard to earn even just a bitcoin what more 21 of them.
1335  Economy / Speculation / Re: When do you think Bitcoin will reach $1500? on: April 03, 2017, 05:19:10 PM
This is not what we should be focusing right now but the politics that is hindering bitcoin to push forward. If that is all resolved, $1500 is too small. Bitcoin will be worth way more than that. If they just put behind the politics, even 2000 or 3000 can be easily achieved this year.
1336  Bitcoin / Bitcoin Discussion / Re: Japan's Bitcoin Law Goes Into Effect Tomorrow on: March 31, 2017, 09:26:35 PM
Even with KYC, this is still a good development for bitcoin. We know it is really hard for a government to accept bitcoin without giving them something like KYC. They like to think they have control over things.
1337  Economy / Economics / Re: Bitcoin's price is so volatile right now! Why should I even hold? on: March 31, 2017, 02:53:26 PM
If you believe that bitcoin will be even more expensive in the future, volatility today does not matter to you. Just buy, stack it away and hope bitcoin prize will be truly high in the future. If you keep on tracking its volatility, you will just have headaches.
1338  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Time to dump ETH? on: March 31, 2017, 01:30:46 PM
I think it is better to keep it. In my own opinion, it is better to have a few good coins in your pocket just in case something went bad on bitcoin. I am not saying something bad will happen to bitcoin, it is just it is better to have multiple investments.
1339  Bitcoin / Bitcoin Discussion / Re: Do you want hardfork? on: March 31, 2017, 01:00:50 PM
No, hard fork is a bad idea, it will split bitcoin support into two and I do not like BU too. I do not see any good resolution to the problem of scaling but I am sure BU or hard fork is not the solution to it.
1340  Economy / Economics / Re: Satoshi Nakamoto should be richer than Bill Gates. on: March 31, 2017, 12:57:22 PM
We all know Bill Gates the owner of microsoft is the most richest man in the world. Total wealth of $80 Billion US dollars. While satoshi nakamoto the owner and founder of bitcoin only have $1 billion US dollars, Why he cant just generate indefinite amount of bitcoins for him and exchange it to real cash, right? Any thoughts?


Your thoughts will destroy bitcoin and its foundation. What makes bitcoin a good store of value is that it have a limit in a total of bitcoins that can be generated. And I think Satoshi does not need that distinction, richest man on earth. He is still anonymous up to this date even though his invention is already making its way to the moon.
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