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1861  Economy / Speculation / Re: Still Believing That Bitcoin Can Rise High? on: July 13, 2017, 08:44:58 AM
Last month, we have seen so many market analysts, investors and speculators telling us to go for Bitcoin as it can soon be hitting at least $10,000 in the next few years and even $5,000 at the end of the year. The picture seems to be so rosy that it also create some discomfort in some people.

The recent dip in the Bitcoin value put some halt to this rosy picture, albeit temporarily. There are still some who believe that this recent development is very temporary and that after the scaling problem can be solved we can see Bitcoin at its real potential.

What is current feel for Bitcoin's value considering its recent retreat?
Did bitcoin crashed into half of value from its ATH ? Did major countries start banning people from bitcoin using ? No. Then why should I stop believing into bitcoins that it will be reaching some big prices like $5000 by end of this year ? Th recent dip was just a usual fluctuations when there will be the mixed sentiment about future development progresses. It does not mean that bitcoin will never ever bounce back, it will and we are heading to million dollars level in coming years, get ready or regret later.
1862  Economy / Speculation / Re: BTC is not used for what is meant to be, possible Crash on: July 13, 2017, 08:19:04 AM
I am worry about that BTC is not being used for the porpouse of is creation, that is being used as a currency, instead is being used as an investment, and is going to crash if is just saved and not used, so the BTC will crash to zero very soon if that does´t change soon.
Who told you bitcoin was not created to store the values ?
Everyone basically want their inventions to serve multiple purposes hence Mr. Satoshi also must have preferred his bitcoins to be used as currency as well as investments. As long as has some adopters for saving it, we never need to worry it will be crashed to zero.

The purpose of bitcoin to be used is never a significant to identify whether it will reach zero or not. Getting used is more than enough reason for not reaching zero, agreed ?
1863  Economy / Speculation / Re: Is it a good time to sell ETH and buy BTC? on: July 13, 2017, 07:53:11 AM
ETH is strong don't sell strong coin, sell shit coin and hold both btc and eth, i would keep your ETH for now, it won't fall much until it get pumped again after this 1 august drama ends

actually for now that everyone is dumping i would hold everything, and i'll wait for the next pump before doing my move
Seems a right suggestion still after ethereum networks' clog in recent times many developers are suspecting about its scalablity to support rapidly growing smart contracts. Also ethereum plans for adopting hybrid consensus of both pos and pow. Other than auguest 1st drama, etheretum has its own reasons for its recent downfall. We must consider them before deciding to continue holding them.
1864  Economy / Speculation / Re: Experts! is it time to sell or buy? on: July 13, 2017, 07:08:07 AM
Experts I need your help,,I am thinking of buying 2-3 bitcoin this month but just wondering if it's a good time to buy or should i wait for the price to drop?
I believe all the prices below $2500 are highly seeming very good prices to enter as long as bitcoin prices are staying above $2100 levels. When $2100 will be breaking, you may get prices like $1800. Hence my recommendation to you if you have still have funds to buy bitcoins : buy one bitcoins now and wait for prices to get stable. If it will touch $2550 you may buy one more else you can buy around $1800.

But all these are for short term target of $2700 to $2800. If you planning for long term targets $5000 then you may buy now and wait.
1865  Bitcoin / Bitcoin Discussion / Re: Invest in bitcoins today and be a millionaire in the future! on: July 12, 2017, 04:08:38 PM
That just goes to show that bitcoin doesn't care if you're young old rich or poor. Everyone has the opportunity to be a part of this wonderful community and hopefully change their lives for the better. $2300 is still very undervalued for bitcoin right now so hold on tight.
Yes, it must be still undervalued and we are still the early adopters. There are many speculations are available that bitcoin prices may hit million dollar levels in next five years and billion dollar levels in a decade etc. I guess these are coming up with some backing points like world population and their buying/investing capacity.

I agree bitcoin may get us the possibilities to become millionaire in coming years but only with the requirement of holding it. If we get temp on seeing good prices then regretting alone the final result.
1866  Bitcoin / Bitcoin Discussion / Re: Why do males make up 97% of the Bitcoin community? on: July 12, 2017, 03:39:55 PM
According to the website https://coin.dance/stats males make up 97% of the Bitcoin community. Why is the Bitcoin community dominated by guys?

I think it's because crypto currency is connected to computer things and most of female are not interested in computer things and most of male are known about computer. Actually i'm not surprised that bitcoin community is full of males lol. There are also many females out there who is using bitcoin, but most of them never show theirself.
No, the computer things are equally interested to both the genders. I just doubt the credibility of coin.dance's surveys/calculations. There will be no obvious methods are available to identify the gender of one crypto enthusiastic then how we can say 97% are male. It is an anonymous world and everyone value their privacy hence unveiling wrong gender must being consider as another layer to their protection levels.
1867  Bitcoin / Bitcoin Discussion / Re: Software Engineer Buys 20,000 BTC in 2010, Quits Job to Travel Around Globe on: July 12, 2017, 06:11:28 AM
I just wonder how it became possible for him to foresee the future. I read somewhere in 2009 and in 2010 the miners put bitcoins for sale in ebay but no one was ready to grab them. When trend was like that, if someone decided to grab 20k bitcoins in 2010 must be a genius who got capabilities to foresee what is going to happen.

I mean to say he must deserved the wealth he could get from his bitcoins. Buying some bitcoins in 2010 is not a big deal but holding them till date must be differentiating such people from rest.
1868  Other / Off-topic / Re: What to do with my bitcoins ? on: July 11, 2017, 05:21:43 PM
-You can buy products and services with your btcs from sites like Overstock, Expedia etc.
-You can exchange your bitcoin for traditional currency
-You can lend your bitcoins
Bitcoin has many online applications. Gambling sites including casinos, trading sites, betting sites etc. are some examples where bitcoin has established a foothold.
Apart from investment, trading is one of bitcoin’s largest application or any other crypto-currency for that matter. If you already have a secure amount of investment with bitcoins you can always go to the above mentioned sites to earn even more bitcoins and increase your stockpile on a daily basis.
1869  Economy / Trading Discussion / Re: Arbitrage: have you ever tried and how much have you earned so far? on: July 11, 2017, 04:44:03 PM
Arbing can be profitable if you large amount of coins sitting in different exchanges. It requires big sums because the profits are tiny, in most cases less tan 1%.You also have to factor in exchange fees. It is a decent income, but there are risks too. If they price changes on one exchange before your sell/buy order is filled, you may incur losses.
Larger capital must be insignificant here but you must need funds in different exchanges so that you can make use of abbitrage trading. Because, your large capital may not cover all the price gaps. So, even with small capital also you can make some profits out of this type of trading. But getting ready with enough funds and moving them across exchanges will be the big challenge here.
1870  Economy / Trading Discussion / Re: Are You Disappointed In Trading? on: July 11, 2017, 03:49:17 PM
I almost got disappointed with trading when I lost almost 40 percent of total capital of one of my account with poloniex. Although I end up leaning a lot of lessons from the lost and it happened that way to me because, I was relying on my experience of technical analysis with forex which happen to be a different thing entirely from altcoin or crypto currency trading.
to me i personally never disappointed in trading although for most of the time i face a lot of lost but never disappoint. whenever i fell disappointed in trading i tried to change my planing and trading strategies. and after that i really become succeeded and made good profit. therefore i think there is no use to disappoint in trading but to continue our struggle with a new planning.

I'm disappointed because I first thought I can make my bitcoin like x5 in a month in altcoin trading. And I faced the negative face of the markets. I lost too much and the market is still reddish.
Who guided you into trading with the expectation of making five folds ? They must be right but you need to get ready to enjoy that much big profits. I can see many traders are making even 10 times profits in quick time but they are into trading for years.

When you are capable of predicting market movements accurately, you will get chances to make big profits. Without getting ready for technical analysis, expecting big must be a symptom of greediness. Get yourself ready for perfect trading then only you can avoid disappointment in trading.
1871  Economy / Trading Discussion / Re: Another big and convenient way to trade bitcoin on: July 11, 2017, 03:22:58 PM
Why I should go for some trust to buy bitcoins when I am able to buy with my regular way of doing it through exchanges. Where this Bitcoin Investment Trust (GBTC) is available ? I believe almost all the countries are able to buy bitcoins directly because localbitcoin services are available everywhere.

I always welcome new methods of buying bitcoin but this kind of shady way of buying through some bonds/trust should not be encouraged in my opinion.
1872  Economy / Trading Discussion / Re: I'm panicking, tell me it will be OK... on: July 11, 2017, 08:02:57 AM
The decreasing is getting worse, the volatility in the market had cause difficulty for me to do trading, the price really unstable and unpredictable, but if you are a long term investor then there will be no problem, unless you are investing in alt coin, if you are investing in Bitcoin then you can relax
what to do ? It is just part of any type of market and unfortunately we are facing it within bitcoin market after the quick time from big bumps. Honestly I'm not getting worried on seeing falling prices of bitcoins because I am confident price will bounce back into multiple times from what we had with last bump.

Segwit activation will be the reason for next rally. Till then I like to suggest you to stay away from your trading because protecting your capital should be given higher priority rather than making new profits.
1873  Economy / Gambling discussion / Re: How greedy you are? When will you stop and withdrawn? on: July 10, 2017, 04:33:51 PM
When we cannot be sure about what is going to happen next, just securing what is currently we are having must be a wise decisions.
Does your greed allow you to secure your current profits all the times, if you are able to do this then you must be a self controlled gamblers and you are not yet addicted to gambling. In my beginning days of gambling I was happy even with 10% of profits and quit gambling just after seeing some profits. But over time, I myself have changed in may aspects which are reasons for my losses, I must confess.
1874  Economy / Gambling discussion / Re: Has anyone ever tried medicine to control impulsive gambling? on: July 10, 2017, 04:10:43 PM
I do gambling in 2013 through binary option and I know how risky it is but taking a medicine 💊 for gambling is what I have I don't knowledge.  I don't think for now they is no medicine to control one Emotions and impulsive but you can use Yogi or meditation for Emotional control during gambling.
No, there are a lot of medicines are available in the market for controlling your gambling addictions but not sure about their effectiveness but they are marketing like it is intended for addicted gamblers. But we should never go for any medicines without proper prescription from physicians.

I agree yoga and meditation are very good for curing any addictions. But usually gamblers will not find time to go for these. But if they thoughtfully accepting going for meditation then definitely they can overcome from impulsive gambling.
1875  Economy / Gambling discussion / Re: Do you set up limits for yourself? on: July 10, 2017, 07:56:40 AM
Setting the money that you are going to spend on gambling is important to control the greediness that you do have every time you are doing gambling, and if you already lose the money that you have set, then just accept that fact that you are not lucky that day and try again the other day. In this way we could minimize the lose that we could have in a day that we are going to gamble.
Setting up some limits is easier like 1-2-3 but stopping gambling within that limit is like climbing up Himalayas. You may not find your success that easier. I do see two types of gamblers are following those limits more easier : 1. Pro gamblers 2. Newbie gamblers. If you notice, these two types of gamblers are not into addictions yet or tackled addictions effectively.

A gambler must understand the benefits of setting up limit and following them strictly :
1. When we are stopping gambling within limit, we will never get gambling addictions.
2. Limiting gambling activities will result in limited losses.
3. Limiting ourselves will gain control over our emotions. Emotion control is the key everywhere.
1876  Bitcoin / Bitcoin Discussion / Re: Afraid of August One? on: July 06, 2017, 08:05:22 PM
I just wanted to buy more bitcoin, but the issue of bitcoin in August will make me hesitate, but after I consider it is not wrong to take the risk for greater profit. Even if the value is down, we only need to wait for the return of bitcoin.
After the official update SegWit will be patched with the bitcoin software it is highly unlikely that the price of bitcoin will fail. If we see the trend of the bitcoin price, it can be seen that bitcoin has remained resilient throughout, and recovered its value very quickly when it decreased. In just a few past couple of days, the value of bitcoin has increased a few hundred dollars. After August 1st there is a very high chance that the value of bitcoin will skyrocket and this presents an opportunity for people to invest now in bitcoin.
1877  Economy / Economics / Re: Bitcoin prices rise high on: July 06, 2017, 07:43:40 PM
Yes! Bitcoin's value has made people leave their current jobs that pay little to focus on earning bitcoin. The high price of bitcoin will give their lives more money and relaxation. Their meager-paying jobs are more stressful I believe. 
Bitcoin is the  best source of income as of now and i believe that bitcoin will become one of the best in demand part time job in the internet after a few years because just like in signature campaign, they can do it and also earn money by just posting their thoughts in different topics and have a great amount of salary from their campaigns.
Bitcoin indeed has come a long way since its start and has a long way go. The SegWit update shows us that bitcoin is being constantly monitored and is being improved. Forum websites have been created to see the public response and also to take in their complaints.

Overall an effective system has been established and is constantly being improved. It can be said without a doubt that in the world of crypto-currency bitcoin has grasped a firm foothold has is meant to become more valuable in the future.
1878  Economy / Economics / Re: Tell me your predictions about Bitcoin on: July 06, 2017, 07:00:24 PM
For 2018, I predict $3,200 per bitcoin

For 2019, I don't predict an incrase, it will be around $3,000-3,500

For 2020 which is the halving time, I predict $7,000 per bitcoin. Then the next target will be $10,000 I guess.

Wow! that's sound a hell of a prediction but i don't thing the bitcoin price will go that far in the future as it seems impossible because there are lot of factors which determine the price and there is also possibility that bitcoin price may not increase in future so it is very difficult to predict the trend and price of bitcoin.
If you will see the percentage of growth of bitcoin in the market for the past few years then you will realize that reaching those prices is very possible for bitcoin because it is all about the popularity,demand and also the trust of people in bitcoin and if bitcoin will be able to build those things very well then the expectations for that prices will become a reality.
It is pretty clear to people that bitcoin has made through thick and thin and people throughout have supported bitcoin which is the reason it has been able to make a break through crypto currencies as well as fiat currencies quickly becoming one of the most powerful currency in the world.
It is going all around the world to attract people. Bitcoin investment and trading is the best reaching to the common people to become a rich.
1879  Economy / Speculation / Re: Bitcoin heading to $4,000 on: July 06, 2017, 06:04:51 PM
Bitcoin is a blessing to some of us here. We can testify, how since the beginning of this year that, we have make alot of return on our investment in bitcoin. I foreseeing bitcoin touching $4,000 before the end of October this year. Hope you join us in this less risk investment.
I doubt that's going to happen at all, with the recent fluctuations in the price of bitcoins I don't think we may even go beyond  $3000 before the year is over.But with news incoming of segwit from the 1st of August, let's see if it may be so.
Purchasing bitcoins right now is advantageous and will provide a much needed benefit to people who are investing in bitcoin. There are a few facts to back this claim.

Firstly, the bitcoin update SegWit will be available for its core software greatly improving its security and dependability. Also countries like South Korea having huge economies are also legalizing crypto-currencies which will rapidly increase bitcoin’s value pulling in more investors and people who will be willing to buy it for their use.
1880  Other / Archival / Re: Which one is more risky? Skill-based gambling or trading? on: July 06, 2017, 04:52:15 PM
Trading is more risky because your money will be trade and invest assured you to have profit.Trading fast way of producing money,it's like a business involves your ability to do work while if in skilled based is on how you learn only.
Though there are risks in skill based gambling too. When you play games like poker you don't know your opponents on the table and hence they very well might be more experienced and skilled than you. While trading we can always find the best coins and assets and trade with them, because for sure each asset reaches a personal high and personal low, just try to catch both the extreme points and trade accordingly.
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