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1621  Other / Off-topic / Re: Young people should go all in on bitcoin on: May 24, 2017, 07:06:22 AM
May be very beneficial if young man looking for bitcoin from now on. Well, it will be a very useful investment in the future, and it will make them more independent. Maybe they can produce a lot of bitcoin in a short time.
Yes. Don’t anybody read this and think it’s a good idea. Going all in is like gambling with your life. Bitcoin looks good right now but it could suddenly crash and burn and not be worth anything. I don’t know about you but I would hate to lose my life savings in one day. No I would not recommend this at all. Sure you can invest in bitcoin but going all in is not a smart move in anyway whatsoever.

Probably bitcoin is re-writing the tables of basic principles of investments/trading. Because I do see many people are suggesting to go with all into bitcoin for better future. And most of the times they are proving themselves as right.

Because bitcoin must be a very unique opportunity of our lifetime and hence going all with bitcoin probably a right decision which might take our life into new levels.
1622  Economy / Trading Discussion / Re: Fixed income with BTC trading? on: May 23, 2017, 08:33:29 PM

I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?
There is no actually fixed income in trading regardless if its is bitcoin related, foreign exchange related or stock exchange related. As long as you trade, everythng in market would be unpredictable since there is no accepted market that always grow up its value.


Fixed income completely depends on you because if you have enough knowledge how altcoin trading works and by analyzing the market you can make the decent profit with the knowledge you have. You need to take care because some time is not possible to make money with your guessing because sometime bitcoin is in volatile condition. All other altcoin depends on the bitcoin only.

Never seen some guy that makes fix income in tradings but the real say here is we can earn frequently and the money we can get their is undefined since coins movements are not precisely moving good everyday and sometimes they go stable for a while but we may have alternatives from another coin but im pretty sure that our earnings from it is not the same as we earn from the coin we monitored frequently. Fix income on trading is just a myth but if you act correctly then passive income well maybe came to us.
When you have a low profit target from the capital you have and be realistic enough.
I think that time you might could get a steady income a fixed income from trading in bitcoin.
It was not a myth , you and everyone could do it if patient enough .
I believe when it comes to trading then there is no actual fix amount of earnings and even you are going to lose sometimes. This is the nature of the business and it can’t be changed. You need to remain flexible when it comes to trading. If someone thinks that he will make a fixed amount in the trading, he is on the wrong track.

When losses also part of trading, I believe traders could never target for fixed income out of it. They will be getting chances to make big profits sometimes and might need to face losses in some other times. In average they will be getting some income for their living. I guess this is only possible for any trader.
1623  Economy / Trading Discussion / Re: When the portfolio goes down on: May 23, 2017, 08:15:09 PM
So it happens to almost everyone who trades altcoin, but how do you deal with it and keep yourself patient and motivated?
When your portfolio, the alts you own all or most of them take a big dump?
Is it very easy to panic and sell for loss, but do you actually keep hope and have the patience to wait?

It truly depends on what altcoin you are holding with since if you only have some shitcoins onhand well the thing you need tpo do is to dump it. But if the one you hold is starting up then suddenly dump due to the high rised of the price of bitcoins well provably i will hold it since theirs a lot of possibilities for this coin to soar high in future and it was proven by me really on the other alts and i repented to sell my behold potential coin for so early since it pumped so hard right now.

Thats a big lesson to learn thats why I must hodl my alts right now.
The first and foremost thing a portfolio management is patience. You don’t need to be panic with a slight change in the price of the alts. What we study in business that there are reasons and symptoms. The dumping of price is basically the symptom what you need to do is to find the reason of the dump. After you get the findings then the conclusion is easy to make a step.

When we are heartfully accepting the general fact about trading : losses of part of trading, we never get panic nor disappointment. We can simply hold our faith on our skill to have better results in next attempts of trading.
1624  Economy / Trading Discussion / Re: Indian markets are leading with ~$400 gap. Arbitrage trading possibilities on: May 20, 2017, 03:41:28 PM
I'm from India and I can trade on Unocoin. Is there any place that accepts my Indian card to buy BTC on the actual rates? Can anyone help me on buying for Arbitrage trading?
You can try cex.io as they are accepting debit/credit cards for buying bitcoins. Their rates are as per major exchanges like bitstamp so you can make use of them. But you need to verify your identify and you need to prove your card is not a stolen one (by providing a selfie with holding the card).

The second option would be buying in Xapo using bank wire transfer. But make your Xapo account with clear and original details as per your documents as they may ask for submitting your documents at any time by locking your funds.
1625  Economy / Trading Discussion / Re: Exchanges that offer loan options on: May 20, 2017, 03:10:39 PM
I'm enjoying poloniex, but I guess I will check bitfinex as well. Maybe the lending rates are better.
Also, I've just started doing this, and the income I get is definitely much better than the one I would get from a bank investment, even doing some risk investment.
Please mind to share how often your capitals are being availed by traders and how many percentage you are making on daily basis.

I read somewhere like there are more lenders than traders who prefer margin trading hence lenders and their funds are on queue to be picked by future margin trader, is it true ?
If you are making good returns, I guess people here are still struggling with lending based business due to unawareness.
1626  Economy / Gambling discussion / Re: Is betting a good choice for a newbie? on: May 20, 2017, 02:40:51 PM
Depends on what mindset they bare off upon going on gambling site since its their decision to look up and play on some certain sites but they should not do some nasty acts so that their losses will not came to the point that they will be done since they've lose their bankroll for their bad greed.
But this is not the common scenario like every new comers are doing. Because I do see many new gamblers are more conscious about not losing their bankroll compared to experience the gamblers. This is possible because they are not yet addicted you gambling and they are still have their control about their gambling activities.

But personally I am not suggesting any non-gambler to get into gambling as a good choice for them for making money nor finding entertainment. I'm always emphasizing the dangers of getting into gambling and suggesting as a bad choice.
1627  Economy / Marketplace / Re: How can we encourage local businesses to accept BTC? on: May 20, 2017, 02:25:30 PM
Media propaganda about the benefits of accepting bitcoin as a mode of payment will go in a long way in improving bitcoin images to the local and those that see it as scams'
But who will do it ? Merchants may advertise that they are the accepting bitcoin payment but how customers will go for advertising about emphasizing the benefits of accepting  bitcoin payments to merchants. Only possible way might be talking personally to the merchants about the benefits of accepting bitcoin payments.

When merchants listening to multiple requests about bitcoin payment acceptance, they might come to some positive conclusions. I believe in near future we are going to have Amazon to be accepting bitcoin payments similar to this.
1628  Economy / Exchanges / Re: Why don't exchanges run their own bots? on: May 20, 2017, 02:05:15 PM
Why do not exchanges host the features in their own site as services,
Because you may start accusing exchange house for not providing a versatile trading bots  Wink
Moreover exchanges are operating trader vs trader model unlike how gambling houses are providing house vs player model. That is the reason, it is possible and profitable for gambling houses to offer automated gambling features.

Trading cannot be sure all the times and hence no bots could be sure about making profits. Still, if exchanges come wil paid bots, it may lead to accumulating more revenues along with how they are making only with fees.
1629  Bitcoin / Bitcoin Discussion / Re: The fees are crazy, 420 satoshis/byte, WHY? on: May 20, 2017, 01:39:09 PM
They say that the fees are high because of spam attacks, but this just shows that if bitcoin gets more attention and transaction, it will not be able to handle it well. Spam attack or not, the fees are going to bloat more and more as more transactions are not being confirmed. We need to scale now but miners don't want to give up their large earning due to large fees yet.
Every bitcoiner is wishing for that, but unfortunately it is not yet happening. Like many people here I am also very confident about find the amicable solutions for block sizes in very near future but in between time what is going to happen would be really annoying as people start using altcoins for micro payments and personally I hate people moving toward any altcoins.

As of now, there is little relief right now, fees are coming down to below 300 satoshi per byte as unconfirmed transactions are also coming down from 200k marks.
1630  Bitcoin / Bitcoin Discussion / Re: How to deal with the situation of non-recognition? on: May 20, 2017, 01:04:54 PM
Well, yes in many countries bitcoin is legal but in that case it is authorised and recognised by the governments in my country, government has not yet recognised the bitcoin in terms of law (not given legal status) thus it is misconception in minds of most of the people (thanks to the media) that it is illegal to use it.

well you can not change that. some people are just going to continue believing what they want to believe in.
but it doesn't hurt to check with the laws of your country, they may have said something and you are unaware of. for example go look for a website or something belonging to the police or something that has the laws in it and search to see what their stance is. you may find some interesting stuff.
Basically bitcoin does not need any recognition still many countries unveiled their stand and approved bitcoin as digital asset. When bitcoin dealings are happening among friends and known people and not touching bank involvements, I guess we can completely ignore that part of recognition by governments.

Still, new people may take more time to understand this part. But over time, the familiarity of bitcoin ecosystem will make them understood.
1631  Economy / Economics / Re: Smart Passive Income on: May 19, 2017, 09:00:30 PM
ways for you to gain smart passive income are trading (sustainable profits overtime) or just start selling services or a product.
Are you sure trading leads a way to make PASSIVE income ? How to provide services when I will be sleeping ?

A passive income stream must be working for me even I will be sleeping but it does not mean it needs to be generating income round the clock. A income which is not requiring my efforts or at least one time set up could be called as passive income.

As per my country trends, renting out property is a good way of generating passive income in more smarter way. But for that I need to own a property first  Tongue
1632  Economy / Economics / Re: How to double your money using BTC? on: May 19, 2017, 08:35:45 PM
Risk is the greatest advantage in determination of maximum profits and decisions, there is no other word as important as in our brain there is an adrenaline that should be able to control with a disciplined mindset, if we want to double the bitcoin in a short time the answer is gambling, but if you do not match it then look for something else. I want to give a good understanding of gambling because most people give up too quickly and are unable to rise from defeat by negligence in self-control.
Are you into frequent gambling ? What are your current stat with gambling, you are into profits already ?
I am tried of hearing people who are just supporting gambling/sports betting for doubling bitcoins but personally I am not finding any significant results with my gambling.

Some people might be earning handsome with their sport betting skills but in recent times, I am making losses with my IPL betting. So, I am not ready to consider gambling for doubling.
1633  Economy / Economics / Re: Will silver ever skyrocket? on: May 19, 2017, 08:18:55 PM
I remember silver prices were soaring in late 2010 after that I am not finding them gaining any significant up surges. Industries are finding new mixed components to alternate the need of silver. Still India kind of cultures are treasuring silver next to gold.

We may expect moderate appreciations for silver prices in coming years as both gold and silver are failing to convince investors as an alternate investment types. Probably bitcoin might have replaced them.
1634  Economy / Currency exchange / Re: btc for skrill on: May 19, 2017, 07:04:03 PM
i have 0.027 btc for skrill
I like to buy your bitcoins but you are not mentioning about how much you are expecting from preev rates. (I got suggestions not to use prrev rates as it not showing prices of most of the exchanges but higher prices due to bitfinex).
Please send me PM with your rates and I am ready to go through escrow (given that you need to pay fees) otherwise you need to pay me first.
1635  Economy / Trading Discussion / Re: Crypto Currency Trading on: May 19, 2017, 06:39:04 PM
I praise of crypto, because it is a new technology and every new technology have a lot attraction, and people use it and realize is it give us benefits or not?
Than crypto is best choice to start a way to earn money. I am talking about trading and gambling. But in trading when we spend a lot of time and gain experience, than we start to earn from it surely. But in gambling, it is risk and our experience don't matter in it, we earn from gambling only our luck base. 
Even crypto trading seems a whole new thing, the basics of trading still applicable there. Hence only the trading pairs are new but the techniques for making profits from crypto trading must be old and same. All the tools and tradin strategies are still working with crypto trading.

We do not need any alien technology to make profits from crypto trading, that is the reason forex traders and stock traders are finding easy profits from crypto trading.

One big advantage of crypto trading and especially with bitcoin trading, if you are ready to hold your positions, you can find definite profits. This must be another reason for beginners too able to make good profit with bitcoin trading.
1636  Economy / Trading Discussion / Re: Fixed income with BTC trading? on: May 19, 2017, 06:15:49 PM
I Suggest you that if you can take risks and want more Income then you can try out Altcoin Trading with some money and if you have some knowledge and experience in this then you will make something here better than Bitcoin trading but don't invest more than you can't afford to lose.
But even with altcoin trading, there will be no guarantee to get fixed income.
Basically trading is not with the nature of letting people to gain consistently. People who are forgetting facts about trading losses, might be thinking about gaining fixed income from trading.

We should never forget that losses also part of trading and every trader inevitably facing losses one day or another. But we can gain more profits than what we are losing. Hence there will be no possibilities for making consistent/fixed income from trading on regular basis.
1637  Economy / Trading Discussion / Re: How is trading *not* gambling? on: May 19, 2017, 05:42:23 PM
Trading is gambling if you are newbie  Grin
I like your opinions, i hope you did not kidding  Grin because usually the new peoples who started trading altcoins (it is me)
when buy the altcoins depend on the lucky (hope it will be the price going up),
but the old traders they open buy or sell depend on the strategy, rules of trading that gives good profit every activity of trading
so they are always make good money from trading.
You should never depend on luck. Always do your research and trade coins you trust. It's not very hard. If you invest in a good established coin when it's in a dip you're almost guaranteed profits in the long run.
But when people go for trading by depending on their luck, they are failing to find the differences between trading and gambling. When people are not ready to spend their time for research and analysis for trading calls purposes, approaching trading in a way how they are gambling. So, the results also will be having no differences from what they do get from gambling.

Trading is in no way a gambling. But if people are approaching trading similar to gambling then there will be no difference between trading and gambling because trading may turn into gambling at any time as per our approaches.
1638  Economy / Marketplace / Re: Give me advice pls! (Online shop) on: May 19, 2017, 05:07:34 PM
The service that you provide should never be available anywhere else. This is quite good to earn bitcoins as well take your business to next level.
I do not find this as mandatory. Because copying existing business but with bitcoin payment option itself will attract large number of customers hence innovating all new business is not a practical idea as it will not be viable to each and everyone. As per merchants adoption rate, world wide anywhere we can start a business with bitcoin payment option to find success.

This is possible because, bitcoin payments will definitely bring additional customer base compared to existing business with no bitcoin payment option. This trend will work until there would be more number of bitcoin based merchants.
1639  Economy / Marketplace / Re: Where to invest my Bitcoins? on: May 19, 2017, 04:45:37 PM
Investing in HYIPs is very dangerous. I myself lost money several times in HYIP. Now I do not believe in this passive source of income.
I just wonder on seeing people still preferring about HYIP programs. When people are ignoring to learn from other's experience, they must need to face their fate and frustrations. Do not under estimate HYIP owners to tackle to earn within first one or two days, they may start scamming from first hour also.

Can someone get there to make money on referrals, but not me
Affiliate programs are always legit and effective way of earning. But yo need to make sure you are not entering into any MLM programs. Because people do fail to identify legit affiliate programs from MLMs.
1640  Economy / Marketplace / Re: Do you have an idea to invest your bitcoin in offline business? on: May 19, 2017, 12:39:34 PM
I would suggest not to do any business which will want you to sell your Bitcoins to the local Fiat. Holding bitcoins is more profitable than that actually.
People may go for selling bitcoins when they need capital. Because setting up a business with bitcoin payments may not be possible for all country people. They may need capital in fiats so that entering into a business may be possible. But I guess online business set up could be done with bitcoin payments.

Holding bitcoin must be profitable but it cannot be an active business. Bitcoin based business does not require holding of it. I mean we need to spend bitcoins directly or converting into fiat to spend. So from that alone, setting up a bitcoin based business will be possible.
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