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1981  Economy / Economics / Re: Can you really make money on Forex? on: April 01, 2017, 02:41:12 PM
You can train Forex trading at Sparkprofit they just do points and they dont need deposits.
I trained from this website to know how it really works. Although still you wont see the outcome sometimes. It is not really different with trading bitcoins and altcoins. They are almost like the same. The only difference I think is there is a big jump at bitcoin unlike those commodities and other currencies.
You need not only to have a good capital to start with but a good experience in trading and you need to know the curve of the market and how it really works, and then you may be able to make money out of it, so try and look up some guides and try to find some virtual trading markets so you can get the hang of things before risking your money.
1982  Economy / Economics / Re: Can we Manipulate Bitcoin price? on: April 01, 2017, 02:06:55 PM
Yes we can manipulate bitcoin in bitfinex more on trader in bitcoin are there. Big holders manipulating the price because they have alot of money and bitcoin also so bitcoin price is manipulated by someone else. If they want to drop the price they can.
True, us the normal people who use bitcoin for daily things like for a small thing we can’t actually affect the price a lot, but the people who own a large amount of bitcoin are the ones who actually control it, if they think it is time to sell than they do and the price goes down and if they decide they want to save than they do and the price will go up.
1983  Economy / Economics / Re: What is your best investment strategy? on: April 01, 2017, 11:59:40 AM
Different people employ different strategies. I too invest in bitcoin and save it for future. I don’t usually sell out my bitcoins. I am also an active trader and I started with a very little amount. I use arbitraging strategy where I find price difference of the same asset in different markets and make profit out of it.

With the increasing number of online exchanges, arbitraging has become very very easy and anyone with little time can do it. You often notice 30-50 USD difference in bitcoin’s price in different exchanges. I buy from the lowest and sell at the highest. Simple and effective, but it requires a lot of initial investment. 

I personally do the opposite of people, I believe of the fact if you have chance take it as it is, I like to make quick profit, so I actually get bitcoin when the prices are low and wait for the right moment to sell when the price goes up, and make a really good profit out of it, I know that some people think otherwise but this is the best way to get a good steady profit out of bitcoin.
1984  Economy / Economics / Re: The future of the paper money on: April 01, 2017, 10:44:02 AM
Paper money will survive simply because it is one of the easiest ways to reach the whole population especially those that do no have access to banking services but as time has come to pass most of the money of the world now is in electronic form.
I agree, people are used to reaching in into their pockets and grabbing couple of bucks to pay for thing, and that seems a lot of an easier idea for them than reaching for their phone and putting passwords and paying with bitcoin, I think that bitcoin is not meant to be for everyone to use it is purely for people who are shopping on the internet.
1985  Economy / Economics / Re: Is USD being used for illegal activities? on: April 01, 2017, 09:59:23 AM
If people can use something as freely available to the best of my knowledge as water for illegal activities, why cant they now use a Fiat that can get them whatever they wanted for illegal means. When it comes to illegal activities when someone is criminal minded, its not about the USD anything whatsoever will be used to achieved his objective even soap. So, using dollars for that kind of person will make the job easier.
Indeed, when it comes to illegal activities the will justifies the way, so it is not whether they use USD or bitcoin to achieve their goals they will always find a way, but needless to say that bitcoin has some features that allows them to achieve them in a more convenient way rather than doing money laundry to cover their tracks.
1986  Economy / Gambling discussion / Re: Giving up gambling is not easy on: March 31, 2017, 05:59:48 PM
Human being is designed that way, if you do anything too much it will eventually become your addiction. Anything you do for fun is good until it becomes addiction. You should divert yourself to another task when ever to feel like you have to gamble now. Anything that gives you pleasure will do.
I think there is more to addiction than you might think. There are stuff you get addicted because you do it too much but there are also stuff that gets you addicted because of biological reasons.

For example you do not get hooked on drugs because you do too much, there are chemicals in it that gets you addicted, you do not smoke constantly because you do it too much, people who stop smoking for years may relapse. So there are more reasons to getting addicted than “doing too much of it”.
1987  Economy / Gambling discussion / Re: What would you do with your winnings? on: March 31, 2017, 04:42:05 PM
cash out and paid out to my expenses.

Do more investment to more earning place. xd

And winning all times, if that I thought you are so lucy guy. Have you follow any techniques, strategy or what? May I know? I tried gambling a couple of times but never make good profit.  Trying to bet with my winning as decreased the losing. ratio.

so if you are only have loss experience then i think you need to stay away from gambling before its too late and before you are getting an addicting person. or maybe you need to trying to play another games so you can have a chance to win the games. but after you can make your winning, i think you need to keep your winning in your wallet and not spend it to buy something like what i am do when i got my winning.
Much appreciated your kind suggestion. I making bet sometimes only for fun, not continuously but it can be great if my making bet will win. I tried to increase my skill as I know gambling pretty good profitable income source.

Skill is nothing in gambling games that don't require it like dice. You can't do anything about the outcome there. Unless you are playing something like sports betting or poker, then that can be useful. Well, good luck to your betting and use your winnings wisely, don't blow it off in one day and one go.
I think he must be gambling in a place skill is required, otherwise dice is not something you can be winning constantly, sportsbook and poker is something you can know what you are doing and have a profitable outcome most of the time. Poker is more risky one but on sportsbooks the results are obvious in some games, even than there are surprises, for example leicester city last year was a huge surprise to everyone.
1988  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: March 31, 2017, 04:13:04 PM
many people who like to gamble just for fun, and I'm sure they are people who have very much money. but, if I gamble, maybe I'll have fun too, but pay attention to the amount of bitcoin or money I had, and of course I aim to profit.
I used to play for profit but realize I was always losing instead of profiting. So now I am playing for fun too, specially when you play with the faucet on the casinos, you can play on 10-15 different places with faucet and when you get back to number 1 the faucet usually resets so you always keep gambling without waiting for faucet to reload that way. I suggest to everyone who wants to have fun gambling but not spend any money.
1989  Economy / Gambling discussion / Re: How much can u lose with gambling? on: March 30, 2017, 09:09:56 PM
Hmmm around 0.01 bitcoin daily i can afford to play and lose i don't want this to become big if i lose stop and never played for a week but when im winning i always withdrew my capital to gambling and always use my profit to star again it is really hard nowadays to win in gambling but with patient everything is imposible.

0.01 BTC on a daily basis is quite big for me already. I can even lose that for a week when I gamble for dice game and sports betting. For sure you learned and earned a lot of from it because most of the time you had enough capital for a day gambling. Maybe I'll do this one day if my bankroll is already big and money isn't a problem to me anymore.
If you have a regular job that is too small for you especially if you are earning a good salary, like you I cannot also afford to lose that amount and it's beyond my budget already. Enjoying in gambling does not necessarily risky a bigger amount of money, if one can enjoy will small amount the better as the risk involve is also low.
You can actually enjoy gambling without risking huge amount but this only applicable if you never bet huge amount on your past game. Because it is impossible to enjoy it for small amount once you already try high amount betting. You always want higher if you are on the game.
But I think you can only enjoy gambling if you are investing a lot of money and in return a good result and profit. As I do not think that there will be any entertainment in gambling if you have investing a good amount of bitcoin and in return make a good money. If you are playing gambling without involving money then there is not entertainment in gambling.
1990  Bitcoin / Bitcoin Discussion / Re: Bitcoin saving on: March 30, 2017, 03:34:02 AM
Saving bitcoin for future is a good habit as price of bitcoin will skyrocket in future so if you have saved large volume of coins then it will surely give you some good profits in future and if have not saved yet then start saving now.

I agree one of the unique characteristic of Bitcoin is its deflationary nature.  With finite number of coins to be mined and lost private keys with growing market.  Bitcoin will definitely increase in value and price value.  With this being clearly seen, it is really advisable to save Bitcoin for the future.
How all the markets work in this work are based on a demand and supply the less supply there is the higher its price gets, and that applies exactly to the bitcoin marketif people start saving and not spending their bitcoin the demand will grow large and that will make the price  go up, but the problem is that there are big whales who poses a large amount of bitcoin and if they don’t save they affect the price in a large way.
1991  Economy / Marketplace / Re: Looking To Start A Small Business With Bitcoin on: March 27, 2017, 05:35:34 PM
depend  how much bitcoin you have.. but the easy way is to start  with an online business

online business you mean like investment program or mining program ?
The online mining business require both online as well physical set up too. Moreover it need more set up in physical rather than doing as a business online. But investment programs will be possible with and without physical back up.

A small business must be a concept based and hence investment programs without proper business based may end up as ponzi and over time may lead to scamming people.
1992  Economy / Marketplace / Re: Do you have an idea to invest your bitcoin in offline business? on: March 26, 2017, 07:38:54 PM
If i have lot of bitcoin i invest in buy 2 houses and one renting and other live.

Wow, the best step. But it would be better to mention is you use the bitcoin for trading, for if at the moment you can get far greater benefits than other trading places. Where the exact time is at the time of an increase in the level of difficulty on mining (4 years). If you can do it then I believe and am confident of your benefit will be greater than the investment your home
 
Of course, use the bitcoin for trading is the best way to make money than other investment or
offline business like renting house. We are know that all business in any country is have tax for government,
in Bitcoin world, we are free from any tax because there is no government intervention.
But taxes will be in small percentage when considering the possibilities of generating good income stream through those offline business idea like renting out properties. I will never mind paying some taxes when I am getting some assured and consistent income. Because paying tax from that would be a way to hlp my government to build my country further stronger.

Being a bitcoiner does not mean I am afraid to pay tax. I am a responsible citizen as well hard core bitcoin lover/holder.
1993  Economy / Speculation / Re: Why you should buy bitcoins NOW on: March 26, 2017, 07:22:29 PM
The constant dumping and this BU issue is affecting the trade exchanges and the price as well. This is also not the right time to buy bitcoins as it can drop to 800 if people keep dumping their coins and invest in altcoins. Now people are favoring Monero instead of BTC due to the price crash.
I am not seeing any possibility of further dumps as bitcoin prices are significantly recovering today. It almost traded up to $1000 price level which must be one the physiological price level to push any one to think positive about the trends and situations of bitcoins. I guess still we are in good prices levels to make some more bitcoin investments to accelerate our profits to have more in quick time itself.
1994  Economy / Speculation / Re: People selling alts to go back in BTC on: March 26, 2017, 07:15:18 PM
Looks like the bottom was 8XX, now that the hard fork fears are going down and bitcoin unlimited is pretty much dead beyond any reasonable expectative, I can see more and more people jumping back in the Bitcoin train. Looks like ETH already peaked and BTC bottomed.
You are most probably right but I do watch every sunday bitcoin prices are trading positively. But I am too very much sure bitcoin prices have tested the bottom already and we can see some range bound before making another round of rally like breaking $1200 or $1250 levels.

When bitcoin prices are doing well, it is common people are coming back to bitcoins by reducing their holds of altcoins, hopefully this trend will continue to make bitcoins to bounce back to find new ath again.
1995  Bitcoin / Bitcoin Discussion / Re: Copy-Paste Virus For Bitcoin Users -- Beware!!! on: March 26, 2017, 07:07:51 PM
I remember similar alerts in the past about malware which will put some different bitcoin address into "to" field of bitcoin wallet when we are getting read to process some out going transactions. As far as I learn these will work specific to wallet types and hence just taking steps according to which wallet type we are using would be sufficient precautions to avoid becoming victims.

Last time I remember I totally re-installed my OS jut to ensure my security. Not clicking unnecessary links here on the forum is the one of the prevention step I am following after that.
1996  Bitcoin / Bitcoin Discussion / Re: Bitcoin Future on: March 26, 2017, 06:59:23 PM
Is bitcoin a future proof currency?
Bitcoin has a great future in our economics since bitcoin here in my country and it alrady considered bitcoin to our bank we could easily exchange our bitcoin or deposit bitcoin directly into fiat into our bank accounts. There will be huge feautures that bitcoin waiting lets just wait and see what will happen year by year.

I also planned to do so. But the latest news about the fork upset me. Now I do not know if I should keep my coins for the future or spend them until the price has fallen

If you will spend your coins now then you will surely regret in future and there is nothing to worry about the current decline is price as this is part and parcel of bitcoin economy and we have seen same thing even in the past but bitcoins has tendency to recover its price very soon and same thing will happen this time too so just have patience and hold your coins.
Right now bitcoin prices are recovering so we never need to worry as some people were taking panic decisions about holding bitcoins regardless of what they have planned for their bitcoins before.

There will be no doubts about the future of bitcoins, yes the future is still belong to bitcoin only. All the current situations associated with bitcoins will get resolved over time as solutions are being found when there will be a real demand for that. All we need to do now must be utilizing the current cheaper prices of bitcoins.
1997  Bitcoin / Bitcoin Discussion / Re: BitCoin 20 Years From Now on: March 26, 2017, 06:47:05 PM
I know that a lot of bitcoin users are terrified because they are starting to become unsure of BTC and they are afraid that it might be replaced by something else in the future. In the case that bitcoin gets replaced by another coin, we just have to adopt it. Don't worry at all. Smiley Bitcoin is still around 900-1000$ range. That's still a good price compared to where we were back then.
Getting replace by another coins ? I do see that will be impractical as bitcoin itself could adopt those new features as part of it enhancements. So the survival of bitcoin is well assured one, we never need to worry about it. Bitcoin is going to stay with us and it is designed to serve our future generations too. So, we can keep focusing on how and how much we can save it for a better future.
1998  Economy / Trading Discussion / Re: you need to overcome your fear of losing money on: March 26, 2017, 05:29:47 PM
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
I am totally agreed that losing was always part of successfully trading, And most often happened why some of the trader losses their money it is because they have feared. Which is not good actually as a trader, we should ready and willing to face what we can afford to lose in. The more we fail is the more we headed to success. Smiley
What you are saying will be only possible when the trader is preferring to learn from his mistakes and when he is ignoring to learn from his experiences then facing losses will become a continuous story which may land into tragic ending too.

Continuous updating of our knowledge is more important for successful trading, for this losses will be helping traders. But we need to spend time to analyze those losses for not repeating. Otherwise losses will not help in positive way.
1999  Economy / Trading Discussion / Re: did you place all your funds into bitcoin? on: March 26, 2017, 04:05:02 PM
If you have invested in the past when the price was too low then you have already made some good profits by now and if you want to make good profits in future then you can afford to buy them even at present as price in long run will be definitely go higher so I don't there is too high risk in investing in bitcoins.
With respect to current low price of bitcoin, I am also planning to go bitcoins with all my other investment as I am believing this would be the right time to buy more number of bitcoins so that I could make good profits in quick time itself.

As per the technical analysis of many trading houses, bitcoin will bounce back very quickly toward $1500 price levels. So making quick profits would be the possibility I'm aiming now with all my funds into bitcoins.
2000  Economy / Trading Discussion / Re: How to know about next pump? on: March 26, 2017, 03:34:46 PM
I am keen to know how to find which coin is going to get pumped next and when.
Is it possible to know for sure?has anyone here predicted accurately about next pump?
Visit those website that update much better if you had group on facebook to know more about what coins you guys going to bough that has a potential to pumped with in that day you will see the graph also when the volume start increasing on different trading sites.
But I'm not sure people will be sharing reliable data about bump and dump of crypto currencies. Because this type of sensitive data will not be available for common people, only inside people like dev and early investors will be having those data.

To stay with the directions of whales we must be having some influencing investments on that altcoins and those investments must be known to dev. So that we could get pump and dump information well in advance.
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