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1961  Bitcoin / Bitcoin Discussion / Re: After China & Russia, now India on: October 09, 2017, 05:51:36 PM
Presently neither Russia nor China and not India gather to forbid cryptocurrency in the countries. So, Russia gathers to settle circulation of cryptocurrency in the country. About the same on непотвержденным the representative office of China, that tries to do cryptocurrency of more centralized, declared data. In India already also send to the conclusion, that digital currency has a right on circulation in a country.

True, none of the mentioned country has complete negative outlook towards Bitcoin. It is media that pull out fake news based on little truth or facts.
In India, government is trying to find out a way to legalize Bitcoin instead of banning it. Here is the article lining out the government's strategy :
https://coinjournal.net/chief-indian-economist-bitcoin-wont-become-legal-currency-india-without-regulation/
1962  Alternate cryptocurrencies / Altcoin Discussion / Re: Should ICOs be regulated as IPOs? on: October 09, 2017, 05:36:15 PM
Yes or we can soon be a hot bed for multi-million dollar scams

Agree. The unregulated environment of ICO enabling them to run as arbitrary units. They aren't subjected to anyone. As a result,  in today's scenario 90% ICOs are non-serious projects whose only objective is to collect money from people and then vanish away.
Regulation has become necessity for the safeguards of investors. Hence I would only suggest people to invest in those ICOs, which have proper KYC system.
1963  Alternate cryptocurrencies / Altcoin Discussion / Re: what makes you trust a new altcoin? on: October 09, 2017, 04:55:34 PM
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

I only see one thing. What new does the coin bring to existing framework of cryptocurrency working. Ethereum brought Smart Contracts, hence become widely accepted. Waves brought DEX, hence become trendy among investors.
If coin has something new to offer, everyone will adopt it and investment will give you good profits. But if coin is just another shitcoin with no utility then you probably never invest in it.
1964  Economy / Speculation / Re: A great day for Bitcoin on: October 09, 2017, 02:57:04 PM
Yes, it seems that we are going to see a new ATH fairly soon. What has drawed my attention is that btc dominance has passed the 50% mark (currently 50,6%, source: coinmarketcap) and that bitcoin cash is losing market cap while we have ahead to more possible forks: the “Bitcoin Gold” one, although this one is more unlikely, and Bitcoin Segwit 2x in November. So, I wil HODL.

Forks can be a catalyst as well as obtrusion in the Bitcoin price rally, all depends how public react to fork at large. But all such events are short-period. What actually matters is the believe of people in Bitcoin. It has been increasing steadily since the inception of 2017. No one was sure of $2000 till December but see where we reached. This year has seen tremendous growth of new investors, this rise will continue for more coming years. So no surprise we could see $10K soon enough, maybe in a 1-2 years.
1965  Bitcoin / Bitcoin Discussion / Re: what makes you trust a company in this industry? on: October 09, 2017, 02:32:58 PM
what makes you trust a company in this industry?

Bitcoin market is too dangerous. You can't trust anyone blindfold due to anonymity of Bitcoins. Person may take your money in one moment and disappear the other moment.
So to trust websites, you must ascertain them on the scale of trustworthiness or credibility. Due to nonavailability of any regulating body, it is your personal understanding which could save you. Also it depends upon which type of website you using. If you using website which gives you specific pre-determined return, ignore it with all your senses as sooner or later, it will turn scam. IF you using exchanges and wallets, access them how trustworthy are they. Bitcointalk is great source of evaluation. Visit 'Service Announcement' section and you will get honest review on all websites.
1966  Economy / Services / Re: Stake.com looking for translators on: October 09, 2017, 03:12:11 AM
I can do Hindi.
1967  Economy / Speculation / Re: Why bitcoin trading is not a zero sum game on: October 08, 2017, 06:18:38 PM
There are miners that sell their bitcoins, its like they are sucking money out of the market.

Wait. How can you say selling of Bitcoin pull out the money from market. Money never gets out of market, it is always the user who goes out. Whenever someone sells, other person buy on opposite end. Thus the person of buying and selling go on hand-to-hand.

Quote
There are people that are paid in bitcoin for jobs, signature selling and stuff. Where is the "other side" of their gains?

The other side of their gain is the expense of companies which pay them for advertising. This is utility cost for companies and on the basis of this cost, companies are able to raise millions in ICO.

Do tell me if you balance sheet got matched now or not. Cheesy
1968  Bitcoin / Bitcoin Discussion / Re: how do you buy bitcoin? on: October 08, 2017, 05:57:36 PM
There are many ways to buy bitcoins, and some of them are available in almost every country in the world. At your service are gift cards, bitcoin-ATMs, local traders, brokers and stock exchanges.

Which stock exchange sells Bitcoin. To my knowledge it isn't listed on any stock exchange till now Huh
By the way, I buy from local exchange that allow me to directly buy for fiat money (Indian Rupee). The fees is negligible and I can buy instantly using Net Banking. It has become easy process to buy/sell Bitcoins in India now.
1969  Economy / Trading Discussion / Re: Patience and Holding on: October 08, 2017, 05:31:23 PM
Ive been wrong that i withdraw all my earnings on trading ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..

Well it isn't bad idea to move from Bitcoins to altcoins but what really make it bad is wrong selections.
You can't buy any altcoins by just seeing it recent growth. For example, Stratis was as high as 0.004 BTC few months back but now it hardly near 0.0008 BTC. So you should always examine the market thoroughly and then invest in coin which you find will rise in near future. There are various indices for it sometimes team is coming with new developments, sometimes its swap or fork, while sometimes buyback, etc. Such factors can bring dramatic increase in price which is more profitable than Bitcoin rise alone.
1970  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you determine whether it's scam or not? on: October 08, 2017, 05:00:42 PM
There are lots of projects doing ICO.
As an investor of cryptocurrency, you might have some critical points of determination on you will go into ICO or not. What's the most important factor you decide to participate on ICO? And how do you judge the scam?
Please share your opinions. Smiley

The first judgemental factor is team. You must access team of project thoroughly before putting any penny in project. If project is scam-born, it will never share team details or share fake details.
Secondly access willingness of project. If project's whole marketing is stake-based then it is clear that project is just a gamble. It may or may not succeed and team is not serious what it pledges. The serious project does spend some bucks from its own pocket.
Thirdly access feasibility of project. You must see to it that the whole project on which money is being demanded is at all possible or it is just an imaginary sweet dream.
You must aware of the fact thar person can't sell you White House by just standing in front of it.
1971  Economy / Economics / Re: Can bitcoin be regulated! on: October 08, 2017, 04:36:53 PM
I will like to have your view on this?  Can government's regulatory agency actually determined how bitcoin or others coins be use? If governments cannot regulate a currency be it fiat or cryptocurrency, are we having our financial freedom or investing in something that is going to create inflation and another financial crisis in future? What is the advantage or disadvantage of bitcoin unregulated? Thank, your view will be appreciated.

Why not. If government forces you to use only those wallets which require KYC before buying/selling, all your movements will be recorded. Regulation can easily be imposed on your deposits, withdrawals, etc and you need to pay taxes if amount exceeds the limit set by government.
There may be few advantages like you will have safeguards against ICOs or HYIPs.
But on whole your freedom to hold, send and receive whatever amount will be curb.
1972  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO][MRP] MONEY REBEL PLATFORM links fiat & crypto in one REBELlious app on: October 08, 2017, 03:55:49 PM
Project does have some great buzz in ICO market but I have few questions about project.
Your project is nice and seems like a horse of long race but I'm afraid I don't find the relevance of MRP tokens much in it. After having a quick look over, it seems to me a nice project lead by blockchain financial experts but how are you going to give tokens utility? I think tokens will become subject to market movements more than being integral part of project.
Also. it would be nice to see Pre-ICO progress in public. It enhances confidence of public in project if the stats are publicized.


Thank you for your great observations. Tokens main utility will be usage as payment currency in our apps, besides that we will do regular buyback with arbitrage profit. On top of that it will be tradable on exchanges supported by Quantum project marketing making techniques.

Thanks for answer. By the way, is there any pre-hand strategy for buyback? Like 5% of units sold or anything like that? Any time period?
Nice to hear partnership with Quantum project on marketing front. Quantum itself is successful project. Hope success for you too.
1973  Bitcoin / Bitcoin Discussion / Re: Possible Bitcoin manipulation by banks on: October 08, 2017, 03:07:48 PM
I don't feel all the countries will ever join as a single force to ban Bitcoin which could cause a massive dumping of it. Rather banning of it is rare case and won't contribute much in its price decrease.
Bitcoin already has large strong community. Certain tension from specific areas like from China in September isn't capable of affecting it at large. As sooner or later, community works as one hand and help it recovering from dumps. Bitcoin has recovered from $2.8k to $4.5k in just 10-15 days.
1974  Economy / Economics / Re: Why people scam on: October 08, 2017, 01:59:12 PM
The answer is, the status of thier living. Cause if you are born rich you will not have any problem on money,  but the sad part for those less fortunate they will do all the things just to earn money even they will go in prison whenever they caught.

More than status of living or fortune, it is moral ethics that matter. Now all poors earn money by betraying or scamming, also not all scammers are poors.
It is wrong to weigh all accusation on your fate. Not Bill Gates or Steve Jobs born rich. You can easily make billions going right way if you have that instinct of hard work and moral ethics.
1975  Economy / Speculation / Re: when will bitcoin prove its true prosperity and take on full beast mode? on: October 07, 2017, 06:25:04 PM
millennial's are the biggest investors and supporters obviously, but bitcoin has to reach a level of financial prosperity to somewhat the fullest eventually...will it make our kids rich? Grandkids? Great Grand Kids? Aliens or Martians to that far extent?

You mustn't fear the stagnancy of Bitcoin prices currently. It is good for it to stabilize around some strong value like $4200-4300. This will serve as strong base for coming rallies in future.
Don't expect it to rise unstoppable. If so happens then Bitcoin will become very prone investment.
It is better to move solid then flying in bubble!!
1976  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Lisk on Coinbase ! Petition on: October 07, 2017, 05:31:50 PM
As for now there are three cryptocurrencies on Coinbase namely Bitcoin, Ethereum and litecoin which clearly declare them to be top 3 cryptocurrencies. Now coming to Lisk, no doubt it is one of the most promising crypto currently but good future doesn't guarantee good present. There are several other cryptocurrencies like Dash, Monero, etc having much more userbase as well as volume as compared to Lisk.
I am personal supporter of Lisk due to its unique features like Dpos but still there is much to go for Lisk before it could go for Coinbase.
1977  Economy / Trading Discussion / Re: Why Are Indian Bitcoin Prices Higher Than International Prices? on: October 07, 2017, 04:10:54 PM
All the economists and investors should know that Bitcoin prices in India are quite higher than Bitcoin prices in other countries. Some people think that Bitcoin holds same universal value throughout the world, but that is not true. The value of Bitcoin keeps on changing for different countries. These prices vary particularly according to exchanges in the various countries.
Pricing of Bitcoin depends significantly on some factors like the volatility of the market, international prices and stock levels, aggregate demand as well as supply in India.

That's true. After the demonetization (Nov 2016), demand for Bitcoin in India has risen dramatically. It has crossed $5000 in India already while international market is still waiting for that break point. Since Nov 2016, Indian Bitcoin prices are mostly higher than international prices.
The reason is quite simple. The major Indian exchanges including Zebpay, Unocoin, Coinsecure and some others only allow Indian users to exchange. Thus Indian market is unaffected from international conditions. As demand grows in internal market, people are ready to pay higher than international prices. There is hardly any interdependence. 
1978  Bitcoin / Bitcoin Discussion / Re: Bitcoin being a top currency on: October 07, 2017, 03:50:45 PM
Bitcoin is a very fast booming and rising currency and I have been hearing about there being a physical bitcoin I mean in the form of a metal. Now if this is possible I would like to know if bitcoin would be a generally accepted means of payment in the next years to come and what are the possibilities of other currencies meeting it( I mean in demand and supply)

Bitcoin is intangible currency and cannot be mold in physical form any how. It works on restricted ecosystem known as Blockchain. When someone send Bitcoins from one address to other, there is no real movement. But there is just transfer of ownership from one address to other. So even if someone says transferring paper wallet is physical movement of Bitcoin, he is wrong as when the other person import keys, he is just transferring ownership, not Bitcoin itself.
1979  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO][MRP] MONEY REBEL PLATFORM links fiat & crypto in one REBELlious app on: October 07, 2017, 03:28:11 PM
Project does have some great buzz in ICO market but I have few questions about project.
Your project is nice and seems like a horse of long race but I'm afraid I don't find the relevance of MRP tokens much in it. After having a quick look over, it seems to me a nice project lead by blockchain financial experts but how are you going to give tokens utility? I think tokens will become subject to market movements more than being integral part of project.
Also. it would be nice to see Pre-ICO progress in public. It enhances confidence of public in project if the stats are publicized.
1980  Economy / Economics / Re: Economy development through bitcoin [in boarder aspect] on: October 07, 2017, 03:00:38 PM
It is really a bless for poor countries. But some third world countries do not accept BTC yet. But why are they doing it? They can easily be benefited through bitcoin. So, they should accept it quickly.

How could you say poor countries can benefited by Bitcoins?

Let us assume tier 3 countries make Bitcoin as legal mode of payment. But still people will prefer payments in fiat currency as there is no charge for it. Also poor countries are mostly technology backward. When the majority of the public living on $1/day, how could you expect them using Mobiles for payments.

Also if we say Bitcoins provide source of income to people then this concept is also limited to certain class of society. Not everyone can make their livings with Bitcoins. You can't teach people how to earn via Bitcoins, people can make their living out of Bitcoins only on their personal experience and skills.
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