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201  Economy / Service Discussion / Re: Why are people hiring crypto writers nowadays? on: January 30, 2018, 03:02:30 PM
Articles are published mostly in crypto-related websites. Crypto writers are hired to write articles about crypto because there are only a few who are actually knowledgeable about crypto so it's hard to find sources or opinions about this. And since there has been a hype over crypto just recently, people are hungry for knowledge about crypto. In attempts to satisfy this hunger and the demand of people, websites have been trying to spread information and promote through cryptorelated articles.
202  Bitcoin / Legal / Re: Is Bitcoin Forbidden In Islam? Why? on: January 30, 2018, 02:44:27 PM
It doesn't make any sense at all. In that way, every currency in the world should be forbidden in Islam because all of them can be used for such actions like buying weapons, or supplying drugs from one place to another. Just because a currency can be used by criminals, it doesn't mean it is a "criminals currency". Bitcoin is a part of technology, and technology, if used in a bad way, is forbidden in Islam because it will be breaking the rules of the religion which is not allowed, but you are not using a thing for a wrong purpose, it won't be forbidden.

I get your point but the Islamic are very traditional and strict when it comes to their law. I'm not that familiar with the Islam - I myself, am not Islam, but I've heard that they strictly follow their law and their law is somewhat like the olden times. I've read about how they cut up the hands of thieves - and I thought that this kind of practice was only done during the medieval times. It turns out that there have been current practices like these. My point is, the Islam sees things, such as bitcoin, differently even when the other parts of the world have different approaches toward crypto or bitcoin.
203  Economy / Trading Discussion / Re: Top reasons that leads to fail in trading on: January 30, 2018, 02:37:34 PM

Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover.

I love this formula / proverb, all traders are sometimes greedy. so they forget the risk of trading without leaving capital to keep prices deeper.
Trading does look cruel to anyone who does not have a strategy.
thank you for sharing, this post is very useful.

Along with this principle, I guess that one should keep in mind that they shouldn't invest/use as capital what they can't afford to lose. This is a part of being greedy. Some get too greedy that they compromise their savings just so that they could engage in trading.

I would also like to add that you should set your goals. It's always important to set goals so that you may not be blinded nor get lost in the process.

These are simple principles however some traders have forgotten to abide by them and has led them to their failure. Emotions are hard enough to control, it's discipline that one must practice.
204  Economy / Economics / Re: The lack of financial education on: January 30, 2018, 02:29:08 PM
The lack of financial education in general is a worrying problem. We teach students about literature, maths, science, ... and we tell them that those are the things they need to know in life. Yet usually, the largest single expense they will have on their lives is a house, and that normally comes with a mortgage. Yet, only a few schools will tell them what should they be expecting, the risks and the consequences of such a contract.

Bitcoin and alts is another case in which people are carefully kept in ignorance by the governments and lobbies.

What can we do to make more people interested in economy and finance and to better educate the youth so that they don´t get ripped-off?

Educating the youth is the proffessors job. The only way we can do to help the youth be aware on how to be financial educated is to impart our knowledge to them. Yet with less resources and limited knowledge we have on finance there is not much we can give, so advising them to pursue their studies is what we can contribute in thei way to learning financial education.

I don't think so. Education should start at home. Financial education should be one of the basic fundamentals that even a kid should know even while they are young. Adults argue that they are too young, and should just mind about playing and games, but I for one think that no one is too young to learn about finance. Kids have piggy banks and even from this small thing, they would be able to learn a thing or two about finance. This is why some people have problems with their finances - it's because they are not educated enough.
205  Bitcoin / Press / Re: [2018-01-28] The key to bitcoin’s next breakout may lie in Google search on: January 30, 2018, 02:19:44 PM
I think the increase of search comes after the price rise, not the other way around.

More likely. As the price of Bitcoin last year surged into the $20K level, the mainstream media had been trumpeting the rise and there were so many positive coverage back then and that in turn resulted into many people using the Google search to find out more about Bitcoin. I am sure that Bitcoin will remain to be on the top search keywords for this year and maybe even beyond.

Maybe there's some sort of chicken and egg going on here, but either way, one has caused the other and has made bitcoin more popular. It's not a surprise that many have attempted to search about bitcoin on google or any other search engine because it's such an unfamiliar term to most - so when there was so much hype for it last 2017, people's curiosity sparked up. Whether this has caused the price to rise, I think it's good that many have been searching about bitcoin in google.
206  Bitcoin / Bitcoin Discussion / Re: How are your governments reacting to Bitcoin? on: January 29, 2018, 11:56:12 PM
It was first wary or cautious of bitcoin and I guess it was mainly because they lacked knowledge about it and first heard about how people got scammed because of bitcoin or other cryptos. They were first neutral when the government of my country did not make any drastic actions but when bitcoin and crypto became even more popular just last 2017, it is slowly starting to accept the presence of bitcoin and exchanges in the country. Since there are numerous users in my country, our government's going to have to adopt bitcoin in the future in order to cater to the citizens.
207  Economy / Service Discussion / Re: Can a jr.member still participate in a campaign? on: January 29, 2018, 11:51:17 PM
No more signature links for Jr.members which means there is no more signature campaigns for Jr.members.

But still many campaigns accepting Jr.member but I don't know what is the reason for accepting them because they don't have signature links and no purpose of hiring them unless only can bear the name of that project.

But in future the campaign managers won't accept them the only way is get 10 merits and become a member rank to participate on signature campaigns.

I don't actually see any more signature campaigns which accept junior members unless you refer to bounty campaigns. Now that they cannot apply signature links, there won't be any campaigns available for them in the future. Junior members will rank up in no time once they have acquired the needed number of merits and this would also assure that these people have high post quality because they were given merits for their posts. This would make them better participants in a signature campaign and this is also beneficial for the campaign managers.
208  Bitcoin / Press / Re: [2018-01-29] IMF’s Lagarde Says That Bitcoin Mining Consumes Too Much Electricit on: January 29, 2018, 11:43:38 PM
Battling climate change is already very alarming and I wish that a new way of mining - one that does not consume that much energy would be discovered really soon. I'm concerned as to how humans have been consuming non-renewable energy at such a fast rate when renewable energy is not yet a thing. This should be given more attention given the effects that this would bring and the possible aftermath if we do not resort to more environment friendly options.
209  Alternate cryptocurrencies / Altcoin Discussion / Re: how to know if an ico is serious or not? on: January 29, 2018, 11:29:07 PM
Serious ICO will have:

-product
-visible team
-clear roadmap
-alpha or MVP

Non serious ICO won't have any of these things all they will have is a WP and promises. Don't fall for that, most of these people won't follow through I would rather them have the stuff above before I look any further.

Along with having these things, you should also look into the content of the roadmap and goals of the project. Simply having these does not mean that the project would be a success immediately because some scam or ghost ICOs may conjure ghost roadmaps or dev teams. You should also check whether these are achievable or feasible. Some may have nice ideas, but in reality, may never actually realize because it is too bizarre or exaggerated.
210  Bitcoin / Bitcoin Discussion / Re: Funniest Bitcoin story ever! on: January 29, 2018, 11:23:37 PM
Okay...so I have a funny Bitcoin story for you which I heard from a friend.

A middle-aged couple bought 1 BTC for a 1000 USD recently. They were happy beyond what can be described in words at the good deal they had got. So they got in touch with my friend to ask him about how they could sell it. He sent them the links to various medium articles and blogposts on how to buy and sell bitcoin. The couple got in touch with him again and told him that they had failed to sell the bitcoin. So my friend went and met them. They then "showed" him their bitcoin. It was a plastic coin with the Bitcoin symbol on it!

This is sad and not even one bit of it is friendly, how can you even get happiness by posting this story out here. It is never funny to be scammed and i feel your friend and you instead of mocking them down, help them find the guy who conned them and help them recover and had that been the story i would have given you a merit, have some decency and help them.

So you never heard of physical coins that explains a lot, it could be a real coin, go to collectible section look for a reputable guy to help you recover for them

I likewise felt sad after hearing about this story because the couple must have thought that they actually bought real bitcoin, and it's there's nothing funny about people getting scammed.

I have never heard about physical coins myself and I've always wondered where did bitcoin get it's logo or physique. Some people imagine bitcoin to be physical because they're used to something tangible and can't imagine something to be of value which does not have a physical appearance - which may have been the cause why the couple got scammed.
211  Economy / Economics / Re: With Hackers everywhere, How safe is Cryptocurrency? on: January 29, 2018, 11:17:14 PM

3. Never ever go to link of your wallet from different websites, chats etc. Always bookmark your wallet website link.


There's a lot of victims of phishing sites, and this does not only apply to crypto-users. These phishing sites look really legit or similar to sites for wallets or etc and these phishing sites have the intention of fooling you or gathering information about you. Those who fall victim of these mostly do not know how phishing sites operate or the existence of these. These are just one of the many scams or ways for you to lose your crypto.
212  Economy / Speculation / Re: What if Bitcoin just hold steady for months and months on: January 29, 2018, 11:05:38 PM
I liked this stability, it helps in daily or atleast frequent transaction. The confirmation speed is also good enough, better for those who use Bitcoin for transacting other than just trading or investing. Also the volatility mostly shoo away people, who does not have risk taking mentality. Also it is increasing the risk of ban by various countries.

These are the good sides of the price steadiness for bitcoin which we have been experiencing. People have been scared of the volatility of bitcoin and I guess this 'steadiness' would indicate that bitcoin is not 'dangerous' or too risky. This may not benefit the traders but it's not likely for this kind of trend to last long. It's said to be normal for the price to behave like this, and we will be experiencing some large dips or a large shoot up in the price soon after.
213  Economy / Economics / Re: What is the most influential factor that triggers bitcoin prices to fall down? on: January 28, 2018, 11:56:20 PM
Bitcoin is very volatile. It goes up and down at no time. But I started to think what causes its values to go down. These past few days, its prices are notably lower that last year's values. Last year, I believe, during the first few months, its prices are likewise low. Do bitcoin prices go down every January to February? Does it have a logical association?

Price is determined by supply and demand, long term supply is relatively stable so the changes are all due to falls in demand. Short term there are a variety of reasons for the recent slump:

Uncertainty over regulatory changes in South Korea and China
Bitcoin futures expire (today I believe)
Chinese lunar new year

The last one is perhaps the one that you can draw the most on in terms of a recurring pattern. The last 4 years the market has crashed a few weeks in advance of the Chinese Lunar New Year, presumably as people look to sell crypto to fund travel and expenses, it is the single biggest holiday in the world.

There are other reasons you could argue as to why the market crashes each January, other holidays like Christmas would also come in to it, as in January people are generally tight for money many may sell crypto or many may just not be in a position to buy more.

Not to mention the whales. When an influential whale or someone with a ton of bitcoin decides to dump all of those one day, the price would potentially go down right after despite any other factor or circumstance at play. The price would go down no matter what after a dump is made.
214  Bitcoin / Legal / Re: Will people pay taxes for bitcoin ? on: January 28, 2018, 11:46:12 PM
If it's for the continued use of bitcoin, I would willingly pay taxes for it. I would prefer to have to pay taxes than have a total ban of crypto in my country. In fact, I think that taxes are already imposed in other countries and that other crypto-users have been regularly paying taxes as of now.
215  Economy / Speculation / Re: HODL or SODL? on: January 28, 2018, 11:43:15 PM
Holding can be very profitable starts, but sometimes we need to pay bill or something like that so selling coin cant be avoid. But for trading strat i just make it quick buy when dip and insta sell when i allready make some profit.

It should depend on your priorities and needs then. Some do long term and short term trading at the same time because they have a very diversified portfolio.

If you want to make trading into a regular source of /income/ then choose some coins which are optimal for short trading. You won't have to look into the road map of the coin for this, just observe the charts whether it's price trend is good for short buy and sell. When it comes to hodling, you would have to look into whether a coin would survive the market and be profitable for long term.
216  Economy / Economics / Re: Choosing the one | What I think! - Real Job or Full Time Crypto! on: January 28, 2018, 11:39:50 PM
Integrating the two is the best thing, we can not live by relying on the uncertainty of the digital currency (crypto). too risky for real life. At least we are not 100% in a financially insecure zone.
50 real and 50 we pursue crypto. there are many ways to make money with crypto, it is tailored to the expertise we already have.

Some people have considered a crypto job as a sideline, and have been able to juggle their regular job along with having a crypto job.

It's hard to say for a regular job to be more secure than a crypto job, although crypto jobs are mostly freelance or contractual. You may also lose your regular job at any time, however it is better to rely on a regular job because crypto jobs are sometimes occasional.

Of course, it all comes down to your convenience and preference. Some are capable enough to rely on a crypto job or find themselves more comfortable in working with these kind of jobs.

I get that you're trying to make a comparison however it seems to me that OP has been siding/encouraging to stick with a regular job. Don't forget that akin to a crypto job, there are people out there who actually don't have regular jobs but are able to survive with just having freelance work or homebased jobs. Some even earn more than those who have regular jobs. There's no need to discriminate - it varies with people's circumstances and situation. One may be more stable than the other for some.
217  Alternate cryptocurrencies / Altcoin Discussion / Re: have airdrops been beneficial? on: January 28, 2018, 11:36:32 PM
Airdrops is absolutely beneficial for those who earn token in easy ways and in less time. It depends upon the choice, not every airdrop give you a best amount of profit, but some of the airdrop is good and give you token which have high value in the market and it give you more benefits.

It's definitely beneficial for those who participate in the airdrop because it's free of cost and even if the token doesn't appreciate that much in value, you still have somehow gained on your part. You somehow gained something for free.
218  Other / Off-topic / Re: How Bitcoin Can Change The World? on: January 28, 2018, 11:33:26 PM
Bitcoin can change the world  only if many  people around the world will invest in bitcoin. It start with understanding the ideology behind the  bitcoin and the cryptocurrency, it also includes the blockchain technology from which bitcoin is save in as a wallet.Bitcoin  changing the world is when the people buy and invest in this digital currency, which is a great asset to every person that buy bitcoin and live it for long term investment.The blockchain technology will help people to invest, trade, online transctions ...etc. It will also allow the personal  assess to your account thereby reduce cyber  theft and other bank related charges.

This has been ideal however with the high transaction fees and long confirmation time, it's going to be hard to recognize this goal. With the intention of revolutionizing the method of online transactions, with how we deal with money and transactions, the use of btc may no longer serve this purpose as it is now too costly and difficult because btc transactions have been to expensive and takes too long.

For those who want to be independent from banks and other financial institutions, they have resorted to the use of bitcoin or crypto, in a way to protect their finances or keep them 'secure'. Decentralization - for others - is secure and safe, as opposed to the opinion of the majority.

It's true that many became rich with cryptos, especially for the early adopters however this has not changed the world, but the lives of many.

For crypto to change the world, it has undergo through more developments and adoptions in order for it to create a dent or impact our society. Right now, it's just regarded by most for it's high value, and not for it's function or utility.
219  Economy / Trading Discussion / Re: My trading experience on: January 28, 2018, 11:29:02 PM
A lot of other people fall victim of panic selling. It's hard to control your emotions especially once prices go down and you see all your money go down the drain. The panic seller's attempts to cut losses has only hurt them more in the process and makes them end up losing even more. Unfortunately, FOMO takes over and this is what kills the newbie traders.

Arbitrage is just one of the few trading methods out there, and if it's suitable for you then I'm glad you were able to resume trading despite the experience that you've had and the amount of assets you have lost.
220  Economy / Economics / Re: Marketing eats technology for breakfast on: January 27, 2018, 08:22:09 AM
Nah. Few of the top cryptos (not counting ICOs I guess) are actually marketed. Bitcoin and Ethereum, among others, are more successful than technologically superior altcoins because people care about value far more than the underlying technology. Even if you market a clearly better alt that scales better, is free to transfer, has smart contracts, is fully anonymous, etc., there will still be those who will choose Bitcoin or Ethereum simply because they're more valuable.

Either way, an altcoin being technologically superior doesn't mean it's automatically better. Aside from value, there are other factors into play, such as miner and community support, merchant acceptance, etc. and a combination of those could easily trump superior underlying tech.

A reason for the hype over bitcoin just recently is because of it's high value and rapid price increase for the last few months of 2017. People didn't want to miss out on this and were frantic to buy and get on the continually increasing coin, which is said to continue to increase in the future. People didn't even know about it's function but wanted to buy it anyway. It's demand went crazy and this was not because of it's technological brilliance - but for it's high value.

Another reason why people chose bitcoin over other coins is because there are more platforms and mediums of exchanges for it to use it with unlike with the other coins.
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