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21  Bitcoin / Bitcoin Discussion / Re: What type of wallet do you use? on: February 03, 2017, 11:26:59 PM
I am just using web wallet and for 2 years of using it I don't have any problem except for the bank related matters that my bitcoins can not be withdrawn, but still I am not referring to just use web wallet only, I really want to use other bitcoin wallet storage maybe in the future but for now I am sticking to the things that I know so my vote goes to web storage.
That is certainly what most people are doing. But sometimes I wonder how secure are online wallets, such as blockchain.info, since many experienced users recommend using other types of wallets, especially hardware wallets. Probably the safest thing to do would be to save the coins on multiple devices.
22  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ChronoBank vs. Qtum, which you choose? on: February 03, 2017, 11:15:10 PM
The developers of both projects, in fact, have invested heavily in marketing, I have seen ads of the two projects on most common websites related to cryptocurrencies. I think that both currencies have different proposals, and apparently geared to different markets. Qtum is a cryptocurrency focused on smart contracts. And chronobank is a currency more targeted to the recruitment industry. I have not done a thorough study of the two projects yet, so I still could not say which one is better.
23  Economy / Economics / Re: What Will it Take For BTC to Reach $1000? on: February 03, 2017, 11:01:54 PM
Now that bitcoin has reached $1000 it will be a good idea for people to hold on to their btc to maintain the price
 or we can just buy more btc  to push price even higher
holding bitcoin even at this stage is a good idea. i did not sold my bitcoin when the price cross 1150 in previous day and still not going to sell my bitcoin even if the price of bitcoin will cross 1200 USD level. because i am still pretty confident that this time the price of bitcoin is going to cross every 1600 use level very soon, so i am not going to sell my bitcoin in next moth or two.
I also decided to hold in the last time the price crossed the thousand dollar range, a few weeks ago. The price fell next, but the recovery came weeks later, and now I think there is a higher level of support in the market. The Bitcoin chart is very bullish, and in my opinion the best thing to do now is to be patient and hold on.
24  Bitcoin / Bitcoin Discussion / Re: Great way to make Bitcoin! on: February 03, 2017, 10:53:19 PM
The great way to make bitcoin is to learned all of these strategy to be successful person and I think that's only for trading. You need to look the graph rate so that you can continue or not. And in investing, I think it will not usable because in investing, is a risky, although it has a big money in this but you need to be care. Read the informations and the details.
i think you should try to be expert in one profession. you should not be jack of all but master of non.  i think trading is one of the best way of making money, i my self mostly invest my money in trading. but to become a good and successful trader you also need to have good experience in trading. without any experience gambling is more risky.  
Experience is very important because it is this way that you can find the correct timing. The problem is that for beginners, there is practically zero experience, unless the individual had experience in forex trading or other markets before, but the volatility in the crypto market is significantly higher. I think that in this case, in the stage of gaining experience, it is necessary to avoid investing large amounts of money, in order to avoid greater losses.
25  Bitcoin / Bitcoin Discussion / Re: How to make governments accept bitcoin? on: February 03, 2017, 10:41:40 PM
If the situation continued as now then it will take longer that governments accept  because governments do not like anonymous currency and do ot do anything to device a tool for carry on with that type of currency and  is not going to deny that feature of itself as it will then destroy the concept of cryptocurrency. So in the future if governments created any tool through they were able to adopt cryptocurrency then they will accept it.
i think its easy for the government to accept it if the organizers of it change their rules about taxation and make a way for the tax calculation of   using the government policies and cooperate with different government of different countries on their terms and conditions....
The problem is that for the government to have control over these taxes it would be necessary to have access to the information of the users, and this is not possible using decentralized blockchains. The government could create a wallet for each individual, but such people could create other wallets and opt for anonymity. I think that even in the most centralized blockchains it would be difficult for them to have the same level of control they currently have.
26  Economy / Micro Earnings / Re: It is worth it to make your own faucet? on: February 03, 2017, 10:16:24 PM
You can and will profit from it. However the time you spend on it trying to catch cheaters will not justify the profits. Just my 2 cents.
I think that if the OP does not have the necessary skills to solve this problem, there is the possibility of hiring a professional for this, but the costs would increase, of course. There is also the possibility of trying to acquire such skills, and considering the knowledge gained in this, the experience can make the efforts worthwhile.
27  Economy / Economics / Re: How did Bitcoin start to price increase? on: January 31, 2017, 05:41:39 PM
I think the miners dictate the price of Bitcoin, once their input go up (difficulties level, electricity cost, equipment price), you can't expect them to sell at loss, so they increase the price they will sell there tokens.
No they do not! Bitcoin is decentralized, so no one has the full capacity to dictates its price. Whatever any bitcoiner does like hoarding,pumping,dumping,etc, only goes to offset the market demand and supply of the coin and which is sooner than later reflected in the price.
it is not so easy to manipulate the price of bitcoin, may be in past when the bitcoin users were few in number, but as soon as the number of bitcoin users are increasing it is also becoming more difficult for an individual or a group of people to increase or decrease the price of bitcoin.
Yeah, luckily this is something that becomes increasingly difficult to happen. When the big crash occurred in 2013, there were a number of conditions that made it difficult for Bitcoin's price to remain stable and far from manipulation. At that time, in addition to having a smaller amount of users, the most used exchange was Mt. Gox. Things are much more advanced today with respect to exchanges and number of users.
28  Economy / Economics / Re: Can Bitcoin be created by Russia or China? on: January 31, 2017, 05:30:47 PM
Replicating Bitcoin is a very difficult thing to do. Most altcoins have been trying to do this for years, and none of them succeeded in doing so. Even currencies that developers consider to be superior, such as ZCash, have had a poor market performance in the early months. In fact, it managed to be the first cryptocurrency to be worth more than one Bitcoin, but the performance that the currency had in the market after that was very bad, and many investors lost money in that.
29  Bitcoin / Bitcoin Discussion / Re: Introducing bitcoin is not that easy on: January 31, 2017, 03:19:11 PM
I explained bitcoin to my relative and she asked: what if the boss behind bitcoin ran away..........................

If it had happened, maybe it would've happened in 2013 when the price went over $1200 or even before. At this moment, he would have over $18 billions and.. I think it would be enough, wouldn't it? Just saying.. plus that Bitcoin's fall would probay make all the cryptocurrencies existing fall too, like a domino, and as soon as he would close Bitcoin and run away with all the money nobody will exchange it into fiat anymore, so it'd become worthless.
Regarding her statement, the irony lies in the fact that there is no boss controlling Bitcoin, there are large holders, and it is possible that Satoshi is the greatest of them. But it's like you said, if his intention was to dump the coins, he would have done it in 2013. And if he decides to do that in the future, it's his coins, so he has the right to do that.
The first reaction of the market would surely be panic, but after that what we would have would be a greater distribution.
30  Other / Off-topic / Re: How are you earning BTC? on: January 31, 2017, 02:46:59 PM
Not sure, I am currently rely on trading and gambling. I ever win at gambling around 12 btc, but has lost 10 btc. Trading is the thing that makes me confused, because when I'm trading altcoin then I often lost, it is because I couldn't get online 24 hours continuously.
I think the hard part is knowing when to stop, you would probably have big gains if you had stopped after earning some Bitcoins, or if you had stopped when losses began to appear. But in the end you've made considerable gains, considering that this is a very risky thing, in which most users can not make such gains.
31  Economy / Economics / Re: The future of the paper money on: January 28, 2017, 10:23:35 PM
Many people are thinking that bitcoin will be paper money but i thiknk we have already a paper money which is our paper wallet contains private key. but bitcoin will never be the same as fiat that has paper money.. since bitcoin is just alternative payment processor we can only use it online and now many sites are accepting it even here in my school i found someone now are studying bitcoin and they are earnings few bitcoins ..
I also never heard of it. many people who say that perhaps bitcoin will be released in a form of paper money, and I also thought like that. but, basically bitcoin has had the best form, ie as cryptocurrency, and it has become a tool of the best deals on the internet. Well, I believe that paper money will only be used for the fiat, not for bitcoin.
I think it would be a setback for the technology when bitcoin bitcoin create a paper version. because as you've said cryptocurrency or virtual currency has been the best form of a currency
Actually there are already the so-called paper wallets, and some users see this as a safe way to store Bitcoins. However, I see some problems in this form, because if the paper is damaged, you can lose access to your Bitcoins. Maybe it can serve as a way to diversify, to put just a few coins, but the safest way, in my opinion, is to store in a secure computer or device, preferably offline.
32  Bitcoin / Mining / Re: Can companies that produce mining equipment use devices? on: January 28, 2017, 10:14:49 PM
I think there are companies doing this, after all, they can in that way make a significant profit, and then sell the equipment when they realize that the difficulty of mining is about to increase. I think the best way to avoid this kind of injury is to try to design your own mining equipment, I think there are only a few people with knowledge to do this, but it is possible.
33  Economy / Trading Discussion / Re: How much BTC is required for trade? on: January 28, 2017, 09:43:53 PM
The number of Bitcoins you'll need to trade, if you intend to earn living from it, is something that will depend on different factors, such as the cost of living in your country, the monthly earnings that you think you need to have a good life, the type of market (which can be BTC/Fiat or BTC/altcoins market) and your skills in the market.

Some users say they can get good results with fifteen or twenty Bitcoins, but there are many variables, so I dont think I could give you a precise number. It would probably be best for you to do your own research based on these factors to know how many you might need.
34  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: January 28, 2017, 09:29:42 PM
Of course it does matter, traders earn profit from the price of Bitcoins, if you know when to buy and sell, you can actually make a good income  Smiley
but to know when the best time to sell or buy, is not easy, you need at the market price analysis and others. the price of bitcoin, you can get many benefits including profit
Knowing about the best time to buy and sell is really important most of the people wait for longer time and when the time come to get the profit they cannot decide that what to do. But if a person will have the power to decide at that time then yes he will get a good profit from his investment in profit because of the price.
Currently, large numbers of users are traders, investors and speculators, so it is normal that the price is something that generates so much discussion among users at this stage. I think that as time goes on, when Bitcoin gains more stability, the number of people using Bitcoin to buy and sell things will correspond to a larger percentage of the total number of users, and this will probably help the price gain more stability in the market. This will also make Bitcoin more used in people's daily lives.
35  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: January 28, 2017, 09:11:00 PM
holding bitcoin for long time can make  profits.It is good to buy bitcoin at low price  and hold it for years untill it's price pump up to deserve price.

Yes holding bitcoin for the long time is a good way to make money in the future
It is best time to buy and hold it a few years and you will be happy to get a lot of profit.
yes i also agree with you that holding bitcoin for a long time is a good decision. in short term investment there is more chance to lose your money because the price of bitcoin is already trading in a high price therefore short term investment may be risky, if you can mange your should go for long term investment.

According to me there is fair difference between bitcoin and altcoin. Bitcoin is long term investment where as altcoin is short term investment because even today the price of bitcoin drop but there is 100% chance may be today or tomorrow the price will increase definitely. But when coming to altcoin if the price drops than the speculation will start about altcoin, it will long long time to settle in that position.
I think that as long as you have the tools to know which direction the price will take next, any asset can give good results in the short term, the problem is that altcoins are very unstable, and this increases the risk that there is panic selling in the market. In that sense, in fact, it is safer to hold Bitcoin if you want something less unstable, but it is possible to get good results in the short term as long as you are a good trader.
36  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: January 27, 2017, 10:03:53 PM
most of the people are earning from signature compaigns , gambling , trading and investing and i think for a decent amount of bitcoin and to earn more and more i suggest trading is the best way for making a decent amount but for this you must have experience of it......
The first two options you mentioned are certainly the ones the users are using the most, but I don't think these are the most profitable. I think the most profitable way at the moment is trading, but the gains will depend on the capital invested and, of course, on your trading skills.

Many users complain that they do not like trading because they have had losses in the past, but most of the time this is the result of inadequate training or reliance on unreliable information sources, so you need to correct such factors to be successful in any investment.
37  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best Short Term Crypto investment. Ethereum classic on: January 27, 2017, 09:25:16 PM
ethreum classic is good shor term investment because cheap price and good volume transaction
another ethreum classic you can try
1 ripple
2 maidsafecoin

is you want speculation you can try pascal coin
I was considering the possibility of investing in Pascal Coin. The currency brings some new features, but at first glance most users will find the accounts system confusing, and many of those who understand it may still find Bitcoin to be a better solution. Also, I recommend looking at the chart for the past few days, 1000 satoshi to 100,000 satoshi, this gives the impression that the price will drop significantly for the next few days, but nobody knows...
38  Economy / Trading Discussion / Re: Trading is unpredictable job. on: January 27, 2017, 08:49:59 PM
Trading needs a strategy and analysis, without knowing about the asset for trade it will be make lost your money. If you can do good analysis you can make profit
But many traders are facing losses even after they have good analysis due to unpredictable market swings. Your strategy and analysis may help you up to certain levels, beyond that trading always remain unpredictable. This may be a reason some people call trading is another type of gambling.
If the trader is having losses, there is certainly some problem in his analysis. However, if the trader really does a good analysis, then it is possible that the reason for the loss is market manipulation... in that case, the error lies in the asset choice, which he/she is trading.

In the cryptocurrency space, for example, if you choose a coin with a small market and with a supply controlled by just a few people, chances are great that this market is manipulated by such individuals. This is one of the reasons why choosing the right cryptocurrency is an important step in trading.
39  Economy / Trading Discussion / Re: Any good Bitcoin exchange on the deep web? on: January 27, 2017, 08:35:56 PM
I'm curious as to why must it be on deep web? You could just mix your coins to remove traces from where they came and where they are going. On top of that simply make an anonymous account on a site like Poloniex and use it through a VPN etc. Should be good enough, right?


I don't trust deep web exchange because most of them were scammers and it might lead you to loss of investments. Being legit and good bitcoin exchange doesn't need to be in the deep web, it should be in the world wide web for to gain trust and transparency to everyone who would like to invest.
I also think that in the current state the chances of users having losses are greater than using conventional means. There are certainly ways to avoid taking unnecessary risks, such as checking other users' reviews or checking for reliable reputation systems.
It is possible that over time, with more competition in the market and more reliable reputation systems, things will become easier for users who want to use such exchanges.
40  Bitcoin / Bitcoin Discussion / Re: actual number of people using Bitcoin? on: January 27, 2017, 08:23:24 PM
whats the reason for you to find out about those people who uses bitcoin upto this date. by answering your questions you can have a research about the wallets that had created, but you can have that exact amount that you expected. if you would want to know to nearest answer or the near to accurate answer you can hire a proffesionals to do that job. statistics proffesionals can do that job but just give them a little time to complete that job.
Professionals in the field of statistics certainly have techniques that can improve the accuracy of results, but the fact that many users are anonymous will bring inaccuracy in the results. I think that for this to be resolved it would be necessary to use a system that collects data and at the same time allows users to remain anonymous.
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