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21  Economy / Trading Discussion / Re: I have a large number of Asian Bitcoin buyers, do you want to cooperate? on: October 13, 2018, 02:12:27 PM
In China, Hong Kong, Japan, etc., there are many buyers who want to buy more than 10k BTCs to find me to act as an intermediary.

But there are not many sellers on this side. Is there any way to find more real sellers?

Why they need to find you to act as an intermediary? Why they do not use all the available exchanges? Sorry but it seems a little bit suspicious IMO, ask you as intermediary for such huge amount so you must be so trusted person they have ever met. Buying such huge amount should be experienced people in this crypto world, as newbies wont do that especially if they are going to buy it online from person that they do not know well.


Why do buyers want me to act as an intermediary instead of buying it myself?

1. They need to buy a large amount at once, so the exchange or OTC website is not suitable
2. I have made a few good deals here, so everyone will increase trust.
3. For the rich, family consortiums, and large companies, buy bitcoin as a kind of asset allocation, so that they would like to have the right agent to complete these transactions.

Why should I come here to find cooperation?

1. Because I just said that there are not many real sellers and sellers here, but more and more buyers.
2. I also hope that the relationship between the Asian market and the global market can be promoted and Bitcoin can flow.
Unfortunately, at this stage, you would not really see much sellers who are willing to part with their bitcoin rather what you will end up seeing would be people who are actually looking to buy the dips, one way or the other, maybe they will have to still go the OTC way. I wonder why they would think OTC is not suitable and even if they are trying to run away from verification, there are still so many other channels like localbitcoins, where they can do P2P transactions with local sellers.

I doubt if you will even see someone who will want to pay much attention to you at this point, judging from the fact that the market is down and the sentiment right now is to buy and judging from the fact that you are just a newbie. Who would want to take that risk? Would you?
22  Economy / Economics / Re: Tidex to delist over 25 on Oct 17 on: October 13, 2018, 12:59:50 PM
Fake coin and scam project it the reason why tidex have delist many coin after listing at their exchange market, you have sell soon as possible if you have coin want delist by tidex before you can't sell your coin.
Not sure why they are delisting some of the coins there but certainly not all the coins being delisted are shit coins, even though most of them are. Enigma is actually one coin that has been gaining some good ground and has a strong support with a lot of development going on but for whatever reasons they want to be delisting it, which is their cup of tea.

It is a token listed on other big exchanges anyway like bittrex and binance. However, it is a good thing that we are beginning to see most exchanges trying to clean up their spaces for some reason or the other; maybe they are basically just looking for a fresh start.
23  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Time to buy? on: October 11, 2018, 01:30:52 PM
This is the best time to buy so as to earn great profits in a short period of time. Currently since the market is in a dip, the prices of the potential coins are at a low. For example, Ethereum is currently at $230 in comparison to its $800 a few months back. The coin has the potential to cross the $700 mark by the end of 2018 earning you nearly 120% profit returns. Another few coins which are great right now for making an investment are Monero, Litecoin, Stellar.
With every rising price, the future margin of profit goes on declining. This shows that with a low price there is high future profit. If we trace back the time when these coins with good potential were launched and the market value was around $1, we come to know how initial investments made in the coins that time were calculated worth millions and billions in late 2017. This shows the value that is added to the worth of portfolio as the time and economic activity proceeds.

24  Economy / Marketplace / Re: LOOKING TO INVEST MY LIFE SAVINGS NEED ADVICE on: October 08, 2018, 11:33:09 AM
Hello Everyone,

I need your help! I have been doing research on what hardware to buy to mine Ether and Bitcoin. I'm investing my life savings so this is really serious for me so if you can help it would mean alot. I have alot of space for equipment so that wont be a problem. I need help figuring out what equipment to buy for ether and bitcoin minning, and how much it will cost me? Any advice will be much appreciated.


Thank you
Smiley
For me I’d say that’s a huge risk for anyone to take, especially this time around that the price is down. It’s always good to make investment, but always have something left in case things happen to go south, so you will have something left at least. Divide the money you want to invest and make sure that any amount you’re going to put into this investment is any amount that you can afford to lose.
25  Economy / Marketplace / Re: Have you ever bought a product with Bitcoin and what do you want to buy? on: October 08, 2018, 11:00:54 AM
Today, many people use Bitcoin for investment purposes. There are a lot of people who have paid with Bitcoin before, what do you think about this?

I used to buy things with Bitcoin back then when it was cheap, but since I haven’t been doing. When I want to buy things I do it the normal using fiat. I no longer see any use to making use of cryptocurrency in buying the things I need, it’s kind of like wasting time, well I just feel like I shouldn’t be using. I just use Bitcoin for savings now, or should I call it investment? Whatever, I also trade with it.
26  Economy / Gambling discussion / Re: Why not play games online instead of gambling? on: October 05, 2018, 07:11:13 AM
There are many reasons why people prefer gambling from gaming. For me it's mostly the time required for each of these. If I gamble I spend an hour doing it and can move to something else. Online gaming requires a lot more time as RPG games are divided into quests and many of them can't be stopped until you reach a safe point. There are boss fights for which you assemble a team and need to reach the destination and win the battle (I played some wow in my time Roll Eyes ) I wish I had as much free time as 10 years ago.
You can gamble even just for few minutes and you are not obliged to finish what you started. The same goes for RPG or any online game but the longer you stay there, you'll become stronger. While in gambling, its opposite the longer you stay the higher risk you have.

This also can be a time related issue why some preferred to gamble instead of gaming.
I just know one reason for gambling instead of gaming online and that is greed for more money. Everyone in this world needs money because the sources of income are less and demands are high. People want to use any short cup way to make money, that’s why they gamble. But they are wrong because nobody can make money in gambling rather lose his own.
We accept that fact and that's tempting to do if you ever know how to gamble. Having a glance on how much you can potentially earn with gambling will encourage you. That's me before but life changes so do mine.

There is an exception, few people make money in gambling and find riches.
There is a huge difference between gambling and gaming. Gaming is just for passing time and gambling relates to money. Gamblers will never spend their time on gaming because they are gambling addictors. When they set in front of their laptop, they visit gambling sites because they have the greed of winning more and more money, but all in vain.
27  Economy / Gambling discussion / Re: Is Gambling addiction a disease? on: October 05, 2018, 06:30:12 AM
Gambling is disease.same like addiction to drugs
There was researches done.Whan people gamble brain is emitating some chemic substances.
It is reason  why is so hard to stop gamble
I agree with you.
Gambling addiction is a disease because we talk about addiction, it is a psychological disease and people should get help to recover.
It is indeed a psychological disease since it totally affects the victim's reasoning and ability to make proper decisions. Although, rather than call it a disease, I would rather call it a problem or mental issue. This is the reason why it is always important to at least be able to find some help from social gatherings or shrinks so as to be able to get back those senses which when lost to gambling, is always hard to retrieve.
Actually you are right, mental issue could be a better definition for gambling addiction.
Mental condition of a person assumes to be weak when he doesn’t follow the advices of his elders and posh people of his society. I don’t know why a person becomes addicted of gambling and not able to quit gambling easily. Continue gambling will take him to debts gradually and this gambling patient is out of his conscious and do not understand the critical situation till he ends.
28  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero or Zcash on: October 04, 2018, 08:03:23 AM
Which one among these two highly anonymous coins is more reliable, efficient, more secure to use. in fact, which one is your take and why?
Both of them have privacy and they are both good. But if you talk of which one has more of privacy then I think that’s Monero. But I’m not the kind of person that considers privacy as a reason for choosing a coin I don’t do illegal business so that doesn’t matter to me at all. If we are not talking about privacy then I will probably chooseZcash instead of Monero. I do have reasons why I said I would choose ZEC.
29  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it worth buying low-volume tokens? on: October 04, 2018, 07:20:12 AM
It is very risky to buy such tokens. Because they are usually used for a pump. You can buy such a token and sell it with 300 percent profit, but in 99,9 percent of situations, you will buy this token, and thats it. There will be no more buyers and you will stuck in this coin.
Lol, you’re saying the truth, most of these cheap coins are used for a pump and a lot of people are losing their money in them. You just buy it and before you know it they pump and dump it immediately and when you least expected it, then you will lose your money it or maybe if you’re lucky you will be able to withdraw with a little amount. So they are not worth it cause there are risks involved.
30  Economy / Economics / Re: Why we must study Economics at University? on: October 03, 2018, 06:41:59 AM
I disagree. I do not think that majoring in Economics in college is necessary, but I say it is not to be taken lightly either. Although it truly helps understanding the whole concept of cryptocurrency, I think that if you are passionate about cryptocurrency then it would not matter. After all, you can always self-study if you are truly interested in it, right?
There is no need to study economics or other subjects related to currency or businesses if you do not want to be a business man. However, it is necessary to learn all the rules and concepts of business because we need money to take care of things happen in life for that purpose you must be having a business either low or high scale. Modernism of currency made it easy for us to earn money but still knowledge is required therefore we need to study these subjects.
31  Economy / Economics / Re: Reason why other ban cryptocurrencies on: October 03, 2018, 06:03:33 AM
The main reason for prohibitions is very simple. Transfers in a currency different from the national one, lead to poor economic performance, including GDP (one of the main indicators). This way, it is easier to launder money or transfer funds outside the country. Neither banks nor payment processors will get their interest.
McCall Robinson a manager of Merchant Accounts, believes that most countries prohibit Bitcoin because it cannot be regulated and he said that. "Many governments do not like the very idea that there is another form of currency that they are not able to control. The supervision takes place on the Internet. Some countries consider it as danger to their society and government.

It seems to me that people did not trust cryptocurrencies, or they see crypto as unsafe things because it could be used in an illegal activities, because Government did not aware of crypto. Its true that there has a reason why cryptocurrency banned in some countries because it is decentralized. And also Goverment has regulation in many aspect including the usage of suspicious things inside the internet.
You are wrong about these all conversation on currency ban as you said that Governments do not know about it which is totally wrong. You should know what the reality is; people desire for it but it is actually government which is against its legalization because they think that it will affect banking system. In reality let’s take example of Germany as they are using Bitcoin as payment mode as well as paying loans through it so other should learn from them.
32  Economy / Speculation / Re: Why Bitcoin will not hit 20000 soon? on: October 02, 2018, 08:23:08 AM
maybe because this bitcoin has begun to lose interest and maybe no one has dared to buy bitcoin because we know a lot of information that bitcoin is circulating in some countries that prohibits the circulation and use of bitcoin so it can be an influence for bitcoin to experience price increases...
Definitely it will reach to $20000, but it hard to say when it will reach because the investment capital is not increasing. Therefore I think it will take long time to hit $20000. If bitcoin recover its reliability, and people return to it, then the price will go up and may more than $20000. In these days most of the people are putting their money in Altcoin because of the high potentiality.
33  Economy / Speculation / Re: Bitcoin (BTC) down $200 on: October 02, 2018, 07:51:16 AM
Although bitcoins is highly volatile we can see that over the last 6 months the trend of bitcoins price is not what investors would like. It seems that bitcoin may in the future become a legitimate currency but with the trend of the price of BTC so far it is more likely to stay that way or dip further yet bitcoin has paved the way for other cryptocurrencies and this could be a major turn point for other applications that cryptocurrencies can offer.

Are you optimistic about the price of bitcoin ?

Do refer the links below

Source: https://cointelegraph.com/news/crypto-markets-drop-sharply-ethereum-loses-weeks-earlier-gains
            https://charts.bitcoin.com/bch/chart/price
We should understand that this market move in cycle and you have to understand this in other not to take wrong decision during investing.  Now is the time to buy and those that have buying mindset will make money in years to come.  Bitcoin may likely still going down but you should see it as the time to buy.
Those who are smart enough will always know when to be getting in and what they should not even bother themselves so much looking forward to as such price at $200 is something that is not something I believe anyone should be looking forward to at this point in time.

Firstly, the $6k region has been holding pretty much probably based on several speculations about the mining costs, and also even if we get to see a huge price downward, I see no way we would go that low when there is a lot of support below us and there is always one thing they call a balance in the long run.
This fluctuation is helpful for traders especially for new traders because they can start their trading career in these conditions. If the price downs they will lose small money but they may earn more than their deficits at the same day. Therefore I think that volatility to this limit is normal and will not cause panic for investors. They should bear this situation easily.
34  Economy / Trading Discussion / Re: Should I stop trading in this bear market? on: October 01, 2018, 12:31:04 PM
it depends on you, if you feel enough then you can stop and wait for the market to recover, but if you feel there is an opportunity to get profit then why don't you take the opportunity ..
And this also depends on the proportion or scale of profit that you earn while trading in the down market. If you compare the profit you earn now to the profit that you could possibly earn when the market is green, you might not probably trade your coins right now and would rather choose to hold it. In the same way, people decide to do this or that by calculating the utility they get in doing so. Doing what you want is an entirely subjective issue.
35  Economy / Trading Discussion / Re: how often do you check BTC price and how to cope with stress? on: October 01, 2018, 12:03:17 PM
I never often check the price of bitcoins. what for??? from this price will not change! and to struggle with stress is very simple, you need to leave the market crypto.
This is great logic. Likewise people invest in gold and do not check its price every now and then and the market still rises letting them cash the profit. In the same way, Bitcoin could be treated like any asset that you invest in. The main reason why some people stick to their computer screen is that they have no other way of earning and constantly keep an eye on the prices. One should have a side business as well and this helps a lot.
36  Economy / Economics / Re: Bitcoin the inflation killer :-> on: September 28, 2018, 07:44:24 AM
In my country the inflation rate averaged between 1% to 3% per year over the last 5 years. So whatever investments I had to make, I had to beat inflation for me to say that I am moving forward.

I am one of the fortunate people who invested in Bitcoin, when the price was around $400 per coin. Since then I have been smashing inflation on my investments made into Bitcoin. <Even after taxes>

In 2017 I obliterated inflation and I sold some coins, which was re-invested into other investments that also beat inflation. I can with all honesty say, that I am not bothered with inflation, even if it goes up to 100% for the next few years.

Let's celebrate the fact that Bitcoin enabled us to beat inflation for the last couple of years.  Grin <Well most of us, because we have to take into account that a lot of people have hyperinflation in their countries>
It’s good to always invest your money in assets like this, they can help you to escape such situations. Same thing is happening in my country and inflation keeps rising everyday, but due to I have my money invested in a lot of things including cryptocurrencies, I have been able to survive it and never complain while others keep on complaining that things are really bad. Bitcoin helped a lot.
37  Economy / Economics / Re: Why is Bitcoin still a slave of Fiat? on: September 28, 2018, 07:08:49 AM
The fact is that the time of bitcoin has not yet come and it is for this reason that Fiat remains more important, since it is distributed around the world and many people use Fiat.
My main question is what exactly does people want from Bitcoin? Bitcoin is already offering a lot of features and the purpose for was just to make transaction and for investment purposes. It’s so damn true that people can never be satisfied no matter how hard you try, they will always keep on complaining and seeking for more, and each time you give them an inch, they will like to take a mile. Too bad.
38  Economy / Marketplace / Re: about the price of cryptocurrency on: September 27, 2018, 08:48:49 AM
There is nothing we need to see about the bitcoin and alts price movement
Yeah the price is almost stuck to $6200 to $6700. There is no big bumps and dumps in the price for long time. This year so far is very bad for bitcoin. Now the end of the year is coming near and people want the previous bump once again, but I think this time there is no chance for such huge bump. The price will remain the same till the end of this year. let’s see what happens.
39  Economy / Marketplace / Re: I can I predict the Dump and Pump of the price? on: September 27, 2018, 08:16:58 AM
in my opinion, predicting dump or pump will be very easy if you already have a lot of experience and if you can analyze the graph, you should have become rich now because you can predict the dump and pump price of cryptocurrency.
Unfortunately, even the professional traders have still experience a lot of loses because in reality no one can predict the price movements. Whales are playing smart nowadays, and they will not let you to ride with them easily so for me, just set your goal and don't stress yourself from looking at the market everyday just to predict the possible price because its really hard.

Whales has a big impact along the market, but what if they are become too many to count in. It will be more complicated and more unpredictable because they will challenge each other and find a solution to take advantages on each other too. Competition is always on the market to aim more profit even in just ordinary day.
These are all fake and false statements and predictions. Future is hidden and you cannot see that what will happen tomorrow. If you analyze the market carefully and then decide the future price of bitcoin, it will be wrong 99%, because you don’t know how many people will invest their money tomorrow and how much will withdraw their money.
40  Economy / Economics / Re: Why Malta is the most favored Location for Crypto Exchanges? on: September 26, 2018, 08:17:07 AM
We have seen some of the biggest crypto Exchanges, like Binance and OkEx moved to Malta and another bigger exchange Bittrex is also considering to open their office in Malta.

But why Malta?

One obvious reason is that the government announced in January that it was in the process of establishing a “Virtual Currency Act” and a “Digital Innovation Authority” and that both will provide a regulatory framework to allow crypto companies to operate.

Malta did similar with Gambling as well and it became a huge Gambling hub soon. Now, Malta wants to attract cryptocurrency businesses to its shores, and has already been successful in nabbing some of the biggest. The government had been promising to set up regulations for the industry and provide a better environment to them in future.
That’s true, and apart from just that I also think that other countries are kicking against Bitcoin (not really all of them) but they have rules that doesn’t really favor cryptocurrency, so maybe that’s also for all of them to be moving to Malta, and by the way the government of Malta is keeping an open arms for it, so that will be the best place for it.
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