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2121  Economy / Economics / Re: Is Bitcoin actually just a Investment coin? on: November 13, 2017, 03:30:11 AM
Base on the way things are going bitcoin is just an investment coins. According to Bob Lee " treating bitcoin as an investment like stocks will undermine it values as money"  Many people here are concerned about buying bitcoin cheap and sell it high. We now see bitcoin as a tools for profits making and not as a medium of exchange for goods and services.  Bitcoin was developed to replace fiat currency and we have to push towards that.  We cannot deny the fact that bitcoin price is control by "media" and FUD created by market's manipulators.
What we have forgotten is that it will not always be like this and a time will most definitely come when the real life usage would start coming into play. It is normal for people to see it as an investment, so as any other decentralized crypto.

Obviously, if bitcoin's value was controlled and stable, there is absolutely no way the main value would not have come to play which is what would happen in the long run as we get a balance.
2122  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be too big to fail? on: November 12, 2017, 05:34:29 PM
I think that all the people talking about the fall of BTC are really wrong Wink
Yes, obviously they are wrong. The use of bitcoins have got to the highest of all possible levels and now most of the transactions are in the form of bitcoins. It is expected that after the last pump that cause the prices to rise up to more than dollar 7600, the value would shoot up to the level of ore than dollar 10k in the end of this year.

There are very little possibilities of bitcoins to go down in the upcoming many years but the opposite side is always possible in the world of virtual currencies.
2123  Bitcoin / Bitcoin Discussion / Re: If bitcoin will be used in our daily transactions. on: November 12, 2017, 02:52:58 PM
There are many people in my country who do not know bitcoin and are not allowed to pay in bitcoin. Even if you can pay in bitcoin, I will not pay in bitcoin, because the price of bitcoin now fluctuates so much that using bitcoin can make me lose money. Smiley
Yes, you are right. It happens when the price is fluctuating much that whenever you make transactions in term of digital currencies, there are chances of losing money but it is only the case with long term transactions. So, if anyone has to deal with the daily payments such as for buying and selling of things, then he must use the digital assets as they have no fee for the funding purposes and is also easy to access as well as secure way of payment.
2124  Economy / Trading Discussion / Re: Do you see trading as fun and games? on: November 11, 2017, 05:10:09 AM
Trade is more fun for me. I do not risk big money.
Well, because you are not risking big money does not still mean you should not do it well. It is from small you practice to get bigger and with that you can start building yourself a fortune later on.

Trading is not gambling that you just make some decisions blindly, you have to make some calculative predictions to hit it right or get out when wrong and that bro is what makes trading what it is and if done well, can make you good profit which is where the fun lies. Where is the fun in loosing anyway, no matter how little the fund is.
2125  Economy / Trading Discussion / Re: Altcoin trading on: November 11, 2017, 03:54:15 AM
People have started with less to start trading with, do some research and find the right coin. One that is relatively cheap and potential for a large pump, you could easily 2x/3x your money and you continue from there. Good luck.
At this stage, he might not really need a huge research as most of the altcoins are at their worst moments but he should not just make any mistake of trying to use them to buy shit coins. He can really be lucky like you have said to be able to get his coin increased in a short time but he still needs to be very careful so he does not end up making some emotional or greedy decisions at the long run.
2126  Economy / Trading Discussion / Re: btc target on: November 10, 2017, 09:07:17 PM
btc november target is comming soon look at btc is boom Grin Grin

Your post is not completed, why you say that with out any reason. For people like us, opinion is good but reason is better. If you don't have it, same like speculation ( not helping ). I think BTC still has the same price action moving and volume ( stable ). We need more good news ( with real sources ) and wise calculation before decides to say anything. I believe wait and see until next month is better and good luck to you.
More good news would obviously cause some pretty huge one for bitcoin. I am really not expecting much of a bad news as long as we see the upcoming fork over without much issues, then we will see how the whole thing will then play out and how well it would be for the bitcoin community.

There are signs of more good news coming from wall street, top players, and so on and that alone is enough to know that in the absence of negative news, bitcoin is soaring.
2127  Economy / Trading Discussion / Re: What Will You Do If You Are Trap On A SHIT Coin ? Or Low Volume Coin on: November 10, 2017, 07:39:11 PM
Huh Huh This Past Day I was Trap At SW Coin or Sky Way Coin is there any possibilities of holding it ?
hold it even the price is still low because the chance of any coins are big also to become high in the future.If i experience like that i will hold until its getting high or my coins will lose i will accept that because if you sell that in low price you already already in that but if you hold it until the price going up there's a chance of profit even its risky atleast you try
For me simply I will wait for rise so that I can achieve little bit and if it will not go up I will simply take out the remaining part of my investment from it and mark this coin as red and I will simply tell others not to invest into this coin because this coin is useless and I will go for the best coin that will overcome my past loss and give me big and for this thing bitcoin is best so far and I will surely handle that situation wisely.
Waiting for a rise totally depends on the coin you are holding and the scenario or the event happening that is causing the crash. There are sometimes then you just know the coin is going to experience a crazier dip which sounds normal to dump at the slightest chance possible and look for a better coin at a huge dip as well to buy in, knowing the chances of getting your profit back is guaranteed and not ending up getting hooked on a coin that would take like forever to ever get you that profit back.
2128  Alternate cryptocurrencies / Altcoin Discussion / Re: Newbie to Altcoins on: November 09, 2017, 05:52:58 PM
All you need to do is a great research. Read the newspaper, learn about the team - if it is experienced one - . Look at their social media presence and their community. Most of all search about the coin and its utility. I am currently interested in this one: https://ico.crowdholding.com/
By looking at social media presence, I always prefer to take more look on LinkedIn profile. The team is always my first priority, what they have been up to, how well are they vast in the project they want to embark on, how far have they gone with the project so far and so on.

There are so many projects that have failed which apparently led to a failed coin, but a good team will always do their best to make a project successful as long as it is a feasible project.
2129  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you buying altcoins on: November 08, 2017, 06:19:03 PM
I already bagged some of the coins when it was really cheap like centra , bitdice csno , ethereum, waves are really  cheap now after segwit2x fork these coins will raise for sure . Now it’s the best time to invest and double the bitcoin after segwit2x
That is going to be a definite thing to happen. I am still trying to wait a little bit before the segwit2x date though to buy a little more as there could still be a possibility of a little bit more dip.

I am looking forward to all the profit I can get in this crypto world and I am sure alts would always do the trick for me even more than I would end up getting in all this baseless and shitful forks that would still end up getting dumped anyway.
2130  Alternate cryptocurrencies / Altcoin Discussion / Re: bitcoin fork in december on: November 08, 2017, 12:30:44 PM
news is coming after b2x fork there is another  fork in december named with bitcoin silver what u think obout it?
Discard all those forks cause they are pretty much becoming more of a scam than actual fork. Some developers are just waking up each day and trying to find a way to make huge money overnight.

We should from now on be disregarding these forks and when they come, no one should trade them but even dump them back to the developers cause that is what they want anyway, to dump the coins to enrich themselves as far as I am concerned which is what was noticed during the BTG fork.
2131  Economy / Trading Discussion / Re: Don't Spend Too Much Time Trading? is that true? on: November 08, 2017, 10:43:23 AM
Yes that true, because when we spend too much time in trading we will be greedy and will be emotional in trading because we felt  tired. Keep focus but not over trading is much better so we can keep emotional. Keep psikilogis in trading is most important to get consistent profit than skill about technical analysis.
Being greedy is not even the case here, because that can still be controlled. However, the fact that you are no longer in your right mind, and you cannot think straight due to the mental stress you would have given yourself would make you to make some bad decisions and at the end get more emotional as you want to keep continuing which I totally understand may lead to greed as you have said and that is a bad thing. So, it is better to take some chill pill once in a while when tired and just call it a day.
2132  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Can we trust Telegram Signal channel..? on: November 08, 2017, 08:13:27 AM
Im also member of different telegram signals and I can say there are some coin signals that is really pumping it's been months since im watching the telegram group but to trust? Definitely no because there are high chances there will be a high chances for a big dump, i also noticed that not all their signals are accurate.

I trully agree with you in this. We should always remember  signal channels or even telegram signal channel only relay informations for traders or investors like us  what we want to hear and probably that is the Good side. So better yet be very careful and dont fully trust there act.
The problem most people always make is to believe totally in these signals instead of knowing how to trade safely and effectively by themselves.

These guys are calling shots because they have a lot of followers who will gullibly follow them and then they give you coin to buy and hold telling you the different level of profits (like 3) that the value will get to, knowing so many people would not want to miss out and would want to buy at some point. Once, it gets to one, they dump and leave you to your own fate.
2133  Economy / Trading Discussion / Re: What is the risk of holding Bitcoin? on: November 08, 2017, 02:55:03 AM
As we all know, bitcoin has no stable price. So it can any time have a great fall. But as its bitcoin it might surely recover. And other than this, there is really no other "RISK" of holding bitcoin. People who are using bitcoins should have patience. Otherwise when there might be not so good days for bitcoins, panic might just make things worse.
Honestly, asides the volatility risk of bitcoin and the fact that users are in control, therefore, if a little shit happens and bitcoin gets dumped pretty fast, then that is where the risk comes in and people panic.

I guess this is a normal thing right now with bitcoin and when you have some stuffs at the development phase, there is just no way you cannot experience a little bit of shaky feelings until one is sure there is a full adoption to the point that it would be hard for anything to ever happen.
2134  Economy / Economics / Re: Bitcoin can not replace fiat on: November 07, 2017, 06:58:34 PM
Of course not, and I hope it never does. I like that we have plenty of options to decide when it comes to paying for something, also, we cannot pretend everyone will accept Bitcoin, less use it for everyday transactions.

Once the bitcoin trend will get started and proper knowledge and awareness will come into the mind of common people then they will eagerly ask about bitcoin they will not accept the paper money because bitcoin is the most promising and profiting currency and those who are using it are now in good financial condition as compare to those who are working in offices and getting fixed amount of money at the end.
It still balls down on the common people we are referring to here. Could it be the middle class, or the lower class or who? Common people comes in different variants and the thing is some of these common people, most especially the poor ones have little access to information. Some cannot even make use of the internet. Even despite the fact that we have said this is an internet age, it still does not mean that even some rich old folks who are learned still do not find it challenging to adapt.
2135  Bitcoin / Bitcoin Discussion / Re: Could Japan ban ICOs? on: November 07, 2017, 12:21:13 PM
no one believes this, I believe Japan is the best country for crypto how Bitcoin is developing very well there.
everyone is wearing it. there is no reason to forbid its citizens to invest in ICO. I am not sure.
Japan is well known in the entire world due to its technological advancement .as the use of digital currency is a part of it therefore it is nothing new for the Japanese society. They support the use of Bitcoins very much and hence it is impossible for Japan to ban IC0’s in the next many years. Japan is quite open minded country in this regard and they do not prefer census on their own people therefore they would not practice the same as China does in last few months.
2136  Bitcoin / Bitcoin Discussion / Re: Price of Bitcoin in Zimbabwe is 12k? on: November 07, 2017, 11:42:54 AM
Perhaps this is the most potential investment market in the world when the value of the currency is much higher than the common ground of the world. It is possible that the supply of the market is lacking and the demand of investors is too great to have led to a state of drastic increase compared to the price of the world.
Yes these can be the reasons for such a great difference between the normal exchange rate and that of the Zimbabwe. Actually the problem is that country itself is losing the importance of national currency and hence due to economic crisis these days, people are switching towards the use of US dollars instead of their own currency. Finding the possible options in terms of bitcoins has led a mass movement towards the use of digital currencies. As a result the number of investors and users has shoot thus causing the price to rise to somewhat dollar 12000 in return of a single bitcoin
2137  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: November 07, 2017, 08:55:16 AM
Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?

For me yes it is, but I think due to the fact that this is a very accessible system which will make usq profitable in short period of time I think all of the forum users will demand for the increase of its value since it will soon store a huge numbers of user in which may help to increase the value of each bitcoin.
The thing is that the innovation would become popular, and people would see bitcoin mostly for what it is and not just as an asset. Maybe by now the government knowing the value can be controlled could have even started adopting it a long time ago.

However, the asset features due to demand and the fact that it cannot be controlled is what makes it more valuable and you cannot have that without having high volatility which to ma has made it more popular in a short term most especially due to the high inflation we have been experiencing all these while.
2138  Economy / Economics / Re: Legalizing Bitcoin on: November 06, 2017, 08:33:46 PM
there are allways some ppl in government who want to get free money from us to their wallets, is this possible to make bitcoin transactions fully anonimus? becouse i'm pretty sure that russian politics are too greedy to not to stole some cryptocurrency for no real reason
The good thing is that once exchanges are regulated, all these anonymity would become impossible unless for the usage of mixing services anyway. However, we cannot really say it will not  be possible that some would not want to stash money into cryptocurrency especially the greedy politicians, but it may be hard.

Now, exchanges are solely requesting for verification even before you make use of them and unless you are doing direct P2P transaction without the use of exchange which I doubt, then there is no way you can remain anonymous.
2139  Economy / Gambling discussion / Re: How to quit Gambling for good? on: November 06, 2017, 07:01:35 PM
If you measured your success by setting unrealistic goals, you would think yourself a failure as well. Therefore you need to keep things real. Remind and tell to yourself, you will not gamble."Today, I give my misery a rest. If I like it, I will repeat when tomorrow becomes today. If I prefer the misery, I’ll get it back tomorrow". To quit is hard but to do this simple recovery advise might be effective.

That's not enough by keep on telling yourself that "I won't gamble." it may sort of effective for those that are definitely willing and going to push it. You have to be intact with your plan of quitting, there some sort of ritual or daily activity that you should do to avoid gambling activity.
Yes, only self realization of your present situation is not enough to give up on gambling. Anyone who is into this field for a very long time finds various difficulties even if he has set up his mind to quit gambling.

The best way is to promise yourself that you would never indulge yourself in such activity and this to keep yourself busy in some other things you must opt for trying business that would help you earn your money and improve the mental state after losing too much in gambling. Winning back your losses via some other means helps you a lot in getting out of the world of gambling as it leads to self satisfaction as well as a reason to move on in your life.
2140  Economy / Gambling discussion / Re: How do you know when to stop? on: November 06, 2017, 06:16:29 PM
When you lost everything - you`ll automatically stop playing

Some people dont really stop laying after they have lose everything but they keep on playing again after they get some money. Some people dont really know what kind of mess that they are getting into that is why they are going to keep trying to win back what they have lose. While some people realized that it was the time for them to stop completely
That happens when you don’t have anything more to do with. Go for best possible thing in your life up to your capacity. What you have said, is right and well said. But don’t you thing before losing everything, you must know this is bad path and you must detract from it? I think it should be done in all aspects. You must follow best path that can help you to make your life.
It is all about the self realization .If someone considers the losses deeply and is actually honest with his own self it obviously a time would come in his life when he would decide to quit gambling for good. Gambling is only a temporary thing and it is obviously going to harm you in the end so it is better to leave it as early as possible and find some other way of pleasure and income. The question that when somebody gets to know the time of giving up on gambling is itself an answer that is one quits gambling when one gets to know the reality.
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