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1601  Economy / Trading Discussion / Re: Is there a place to get updates on the latest trading info? on: April 15, 2017, 08:06:37 AM
So I know that everybody probably wants this kind of information and few people want to deal it out, but I was wondering if there is a place that that I could get updates on the latest trading info (things like promising coins coming out, updates getting pushed, sudden hype, etc).
I believe for crypto currencies we could not get useful information from anywhere else if you ignore this forum.
For altcoins, you can easily find which coins are coming up and with potential from this forum. It is up to you and your knowledge on selecting them because if you start listening to others you might end up with paid reviews.

For the case of bitcoins, you need to dependent on technical tools rather than news for making profits. There is a general saying: technical analysis will be winning at the final over information on news and events.
1602  Economy / Trading Discussion / Re: How multi exchange trading work? on: April 15, 2017, 07:34:29 AM
I think deposit and withdrawal time is different for different currencies.
The time taken for deposit and withdrawal is not same across exchanges. Moreover in one particular exchange itself we cannot be sure when they will be processing unless it is fully automated. (Depositing is fully automated in all exchanges as far as I have come across, but only very few exchanges are processing withdraw automated others still manually checking and processing to prevent scams).

Is there any way to find it out?
I believe there is no summarized information available on this, you need to check yourself. I believe it will be easy because you are going to check hardly in two or three your preferred exchanges.

What are the best bots available for arbitrage?
I don't think there would be any possibility of going for arbitrage in complete automated way because it involves more than one exchange and coordinating across exchanges is not an easy task imo.
1603  Economy / Trading Discussion / Re: When do you think is a good time to start trading ? on: April 15, 2017, 06:33:41 AM
if you are intersted in short term investment then its ok you can go with small investment. but if you are are interested in long term investment then you need to invest a good amount of bitcoin so as to get good profit after a long time.
But for bitcoin investment, any amount like both small and big capital will be perfectly suitable for again both long-term and short-term plans. But investing is completely different from trading and unlike investments, you must look for good time to start trading. Because trading is a kind of short-term investing plans.

When you are looking for quick profits for your investments, it means you are into trading. To make good profit in short period, you must always look for supporting factors like price will go up or not. This alone will decide your good time to start.
1604  Economy / Trading Discussion / Re: Experiences with goldmoney? on: April 14, 2017, 08:05:52 PM
Goldmoney was earlier named bitgold and they are risky to use. They close accounts of users anytime (mostly those accounts that have fake/multiple referrals) and hence they cannot be trusted. Also, when you redeem gold, their fee is quite high. If you deal with reputed members as well, it cannot be guaranteed that your account would remain safe.
I am unhappy if something bad happened with you but honestly I have been using goldmoney since sometime now and I did not had any issues, but the price of goldmoney seems dropping a bit because when I deposited earlier like 10 dollars now it's around $7-8  ( last time when I checked ).

I really hope they don't scam users but I have seen a few user's scamming them too .. by making their own referrals.
1605  Economy / Gambling discussion / Re: How do you choose casino to play? on: April 14, 2017, 07:39:37 PM
Researching the owners of the Casino and looking at the gambling license that the Casino operates on is one of the safest methods for someone that needs help finding a Casino to play in. Verify everything and then deposit money it doesn't get much easier than that.

Transparency is very important for choosing the casino you want to play. And the owners should not hide their identity and it will be good if they had an history of having a good reputation with the bitcoin gambling community. But for me, the community trust is already enough for finding the right one.
I guess we do need to worry about owner's name and his country as long as he is honest and quick enough to provide all kind of supports. But these characteristics are constantly changing I mean we cannot be sure about one person's honesty for all the times as its human nature when people get greedy they may start lying.

I believe staying cautious with one casino is more important than defining some criteria for choosing them.   
1606  Economy / Gambling discussion / Re: Where and which part of day do you gamble? on: April 14, 2017, 07:06:34 PM
Weekends only. I'll be concentrating on trading the whole week and do constant planned betting on cricket and tennis, so weekends are the time to have some fun and get lucky.
Me and my friend started playing this Rock papers scissors game on action-gamble.com which is very much fun for small amounts of Bitcoin.
Do you get cricket and tennis matches scheduled on every weekend, I am sorry I have not noticed about it. I guess when you are finding your entertainment and luck with sports betting means you may try on week days too if you hectic work schedule permits. Because sports betting will not give negative results most of the times so you do it if any time prefers.

But other types of gambling are too good if we restrict ourselves only for week end as it will give more control over gambling activities than getting addicted to it.
1607  Economy / Economics / Re: One Reason not to be "All Inn" on any Single Investment for Long on: April 14, 2017, 03:08:30 PM
Well one thing is for sure that you are afraid of what you are investing in. Can you imagine the opportunity that will be lost if you have diversified your portfolio? Don't get me wrong on this one but if you spread your money to a lot of investment you just lessen the risk but did not maximize your profit also you added a lot of things to be manage by you. I still believe that you can always go " all in" in the investments you are sure will pay you the most. Just my two cents.
It is a proven point statistically and economically that diversification is much safer than all your investment in one thing.

It may seem like you are missing out on the high gain you get from risky investment but in the long run the risky investments do not pay back as often as the safe ones and you end up having less money than if you had all your money in separate investments. Although in the short run you don’t see amazing profits in the long run you earn much more.
1608  Economy / Economics / Re: New here: Tut for people interested in earning bitcoins (legit) on: April 14, 2017, 02:57:32 PM
However, I wanted to earn bitcoins while searching in the internet there are tons of faucets but only few are paying up and its a total waste of time. I've heard of signature campaign and am interested but don't know how to start. Minning and loaning requires investment which I'm afraid to invest or it would be gone by the wind in one blow since I don't have any knowledge of how bitcoin works. So if there is someone willing to give like a tutorial I would really appreciate it...
Life is so simple. Except mining and drastic price appreciation of bitcoin, all other opportunities to earn bitcoin or with bitcoin are almost same. I mean to say you do not require any special efforts to make a change. Just earn how you will be doing online.

There are a lot of freelance jobs are available which may pay bitcoin or not. In the case you always want bitcoin, and you are getting paid in fiats just buy bitcoins with your wages.

Make your account established in terms of higher rank in this forum and participate in signature campaign it is a worthy idea for your time. But now itself you can start earning bitcoins/fiats with your skills. Check service section of this forum and google for freelancing jobs.
1609  Economy / Economics / Re: Can Bitcoin also lead to corruption ? on: April 13, 2017, 08:31:12 PM
Bitcoin can't lead to corruption because it is decentralized and even the government can't control bitcoin so i don't think there is a possibility for bitcoin to be controlled by any person in the world so it is very clear to us that bitcoin will not lead to corruption and to be honest, bitcoin will be one of the solution for that problem (corruption).
Actually some wrongdoer's are using bitcoins to their advantage. Since bitcoins can't be traced they are using it for money laundering and some even for criminal activities, also bitcoin's are not centralized therefore there is no proof or ID needed to use them, which though is a very nice advantage since its the first currency for people but at the same time criminals can also us it.

It is like " friction is a necessary evil " and similarly its bitcoins, we all need them though some people use it for wrong activities.
1610  Economy / Economics / Re: Spending Bitcoins on: April 13, 2017, 08:13:55 PM
its not good to invest in HYIP programs because we can not know if the programs is real and trusted or just a scam programs. but if you have bad experience with HYIP in the past, then i think you don't do it again in future and only spending bitcoin for important things and buy something that you really wants.
The discussion is not if the HYIP sites are good or bad rather it's more about how e can spend our bitcoins in various stores. The place where I live there are no bitcoins ATM's but the city next to me, I heard some ATM have been installed there recently though I am not sure.

I believe there are no stores and nothing needed if we can get the bitcoins ATMs everywhere since they can get cash and spend them and deposit the rest again to get bitcoins.
1611  Bitcoin / Bitcoin Discussion / Re: When will you start accepting Bitcoin in your store and boost your sales? on: April 13, 2017, 07:46:51 PM
Stores accepting bitcoin is not really that many, they are only few but they are starting to increase day by day. We have a store and I think that these is great, though as a business man, that spent my time, I mean all of my time making my store be successful,  I can't afford to lose any profit. Bitcoin is now an option to pay on an online shop, but I can't accept bitcoin, not for now. Bitcoin is still making a lot of dumps, and as a businessman, I dont want to worry on another things, I just want to focus on my business.
Yeah if you run a business, dumps would be a major concern unless you have faith that in the long run bitcoin will continue to rise.

I think the safest bet would be to wait until after the halving takes place and things even out a little. Then there would be less fluctuations maybe but there would be higher transaction fees possibly. I’m not really sure about a fifteen percent increase in sales though. How did he figure that?
1612  Other / Off-topic / Re: Smartphones are vital to bitcoin growth on: April 13, 2017, 07:35:12 PM
More and more people are using smartphones thanks to budget friendly mid-rangers, almost anyone can now afford to buy a smartphone.

Mobile payment is becoming more common and it is an opportunity to acquaint people more into using bitcoin . Mobile payment will eventually replace credit cards or at least will make them less mainstream. An example  of this is Apple Pay. Bitcoin smartphone wallet  apps are to use when you have a transaction, you just scan a qr code and the transaction is done though will take some time to be confirmed.
That’s a good point. I hadn’t really thought of that aspect of bitcoin before but it makes sense. I think that since smart phones are indeed becoming more and more a part of our everyday life everywhere in the world this will only help bitcoin.

The point about the QR codes is good too. If people are going to be convinced to use a foreign currency they have to have as many perks and facilities to make that transition as possible.
1613  Economy / Trading Discussion / Re: Group to Pump coins on: April 12, 2017, 07:10:46 PM
I'm not sure that I understood what is actualy your idea. And why do you think that random gathered group of people could pump the price just like that? Bitcoin price is much more complex than this like you have imagined and if this was so easy and functioning that way, many people would be rich by now.
Yes, not even with altcoins, I could not foresee the possibilities of success with this idea. Because random people will rush to book profits before the group admin asks to. This might be one piratical problem, we cannot be sure how random people will behave out of greediness to ensure their profits before the herd.

I believe already there are groups but must have formed with known people and they are manipulating bitcoin/altcoin prices based on their capital strength. I read somewhere like people form skype groups for these types of purposes.
1614  Economy / Trading Discussion / Re: Are You Disappointed In Trading? on: April 12, 2017, 06:52:00 PM
No i'm definitely happy with trading as it helped me double the amount of btc i had maybe in a year or more. The most important thing required is patience i remember when dash price was at 20$ and it increased to 25$ suddenly. I had a feeling it would increase so i went all in and got a really good profit selling all my dash at 95$ or something near it. Plus risk is also important if you don't take risk then it will be hard for you and another thing is invest in the coin which has buy orders otherwise you will end up having that useless coins
But I haven't rally traded much with bitcoins though I have bought and sold bitcoins at countless number of occasions.

I usually try to translate a few thread to my local language or get some free coins via other bounty methods like FB like and share and a lot more, this is beneficial in two ways, basically first you would never panic if price goes high or lo since you got them free. The other is this is a no investment trading.
1615  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: YoBit.Net - CRYPTOCURRENCY EXCHANGE & MultiCoin DICE - Free Coins every 1-24 hrs on: April 11, 2017, 04:32:58 PM
This exchange is getting more fishy time after time, there are more complaints on here than anything else talked about. If you see an exchange going rogue like this with only complaints coming from the users, it is time to withdraw everything you have and run. Hopefully they will recover and fix everything to attract people back but for now, everyone with a same mind would leave.
1616  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Blockchain Dynamics Show Thread on: April 11, 2017, 01:25:10 PM
I listened to the newest one now. I liked it, you guys sound like you know what you are doing.
I am not sure how feasible it is but you might want to try youtube channel as well, definitely would get massive amount of subscribers.

Also I didn’t know about bitmain and asicboost and segwit connection. That gives a personal profit for a global idea, horrible doing by bitmain.
1617  Economy / Economics / Re: Can you really make money on Forex? on: April 08, 2017, 12:14:47 PM
Yeah some of my friends are doing it and they are earning a decent amount of money through it,
Maybe someday I would also do it.
But do not follow just words. I mean just closely watch how your friends are doing with their Forex trading. I am afraid to say most of the Forex traders are most of the times struggling to find their day. It is not that easy to find consistent success with Forex trading. On the other hand, bitcoin traders are very much successful with their efforts.

We cannot be sure all the Forex traders will be getting into one type of results all the times. There are many successful Forex traders but I am saying above as far as I have observed with some of my friends who are into Forex trading.
1618  Economy / Economics / Re: bitcoin prices go to the moon? on: April 08, 2017, 12:00:26 PM
I would regard anything going to the moon if you get ten times what you bought it for. So now if I was to purchase say I bitcoin at 1.2k USD then I sold it for 12k USD, then yes that is what I would consider a to the moon price rise.
Good definition. Being a bitcoin holder, I'm not just expecting 10x appreciation. I just look for bitcoin values to hit million dollars so that I could have some of my dreams come into reality. So, my definition of going to the moon would be getting a price levels in millions.

I'm sure in next 5 to 10 years bitcoin prices will be having values in millions by considering the adoption rate. Mathematically prices and adoptions will follow exponential growth.

My definition is purely based on how many bitcoins I am holding. In future if I will be able to save more bitcoins, I guess I will alter my definition of "going to the moon".
1619  Economy / Economics / Re: The Real Reason to Hold Gold And Bitcoin on: April 08, 2017, 11:18:47 AM
if there is a war or anything event with a massive crisis then the gold is still there with a expensive price and you can sell it offline while bitcoin is a digital and if there is no internet then your money are stucked in the internet which is bad. Buy both so you will not regret.
Your reason for holding gold or simply diversifying investments seems valid because holding only bitcoin is never recommended. But the reason why we are saving and holding bitcoin for long term is not about to have support on emergency situations but we are all expecting huge prices for bitcoin in near future as bitcoin prices are not yet saturated.

We are all holding bitcoin and gold but the expectations will be different. I'm holding gold just to have more options in my investments portfolio otherwise I would have saved only bitcoins.
1620  Economy / Economics / Re: Bitcoin changes finance - but for the better or the worse? on: April 08, 2017, 08:05:04 AM
Does Bitcoin offer a positive evolution to finance? If so, how?
When you do not want to value your efforts/properties by government with their inflated momentary systems, you can choose (for example) either gold or bitcoin as your basic financial unit. But gold has many disadvantages practically for saving and for transacting, so bitcoin will be the right solution.

i.e., imaginary money.
Just think about other payments systems/medium of exchanges for example, currencies or gold or diamonds.
Fiats are just papers only governments back it to have some value. The gold has no significant differences from the iron bar in your window. We people buy it for some greater value because we are sure there is a demand for it when we want to sell it. Same to diamonds, just stones but demands gives them some value.

Now, why bitcoin should not have some value even it is only existing in electronic format ?
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