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221  Bitcoin / Bitcoin Discussion / Re: Is it useful to invest my bitcoin to ICO sites? on: March 11, 2018, 06:30:38 PM
I don't really think if there is any sense in investing in ICOs. Most of new ICOs are scams or project which are very unlikely to succeed in the future. Usually, you will earn more and faster on increasing Bitcoin or other altcoins price. That's why I prefer to hold rather than trade and bother with some tokens which don't have any value at all. Of course, there are some interesting projects but there aren't many of them. If you really think that a certain project might succeed and it has a well-written whitepaper then go for it.
222  Bitcoin / Bitcoin Discussion / Re: Government's corruption using Coins on: March 11, 2018, 06:05:56 PM
Cryptocurrencies give us freedom but we have to pay a price of it - lack of control of criminals. We won't be able to track money anymore since transactions are anonymous. There is no method to distinguish illegal payments from legal ones. I think taht is the biggest flaw of anonymous payments. However, governments have been collecting more and more data about us only because they wanted to protect us from criminals. Let's see what they will think of this time.
223  Economy / Trading Discussion / Re: How do you stomach the dips? on: March 09, 2018, 08:36:39 PM
I don't really mind them. When I was starting with cryptocurrencies I was always scared that Bitcoin might collapse but after some time I learned that these things happen and we can't avoid them. In fact they are even healthy because they are a proper time to sell your BTC and buy when the price goes even lower. What a shame that many people panic always when a correction starts. Later they blame Bitcoin for their loss even though they were aware of what they were doing.
224  Alternate cryptocurrencies / Altcoin Discussion / Re: If Bitcoin dies does altcoin die? on: March 09, 2018, 07:44:26 PM
"Bitcoin death" would definitely cause a lot of damage to the cryptocurrency market but I don't that other coins would die that easily. Why would Bitcoin die in first place? Huge mistake in code? Lack of improvements? Altcoins are usually better than Bitcoin in terms of speed and new features but it is because they are small and the community quickly agrees to apply specific changes. In Bitcoin there are huge discussions whether or not certain solution is the best one and if there is another way to improve Bitcoin to make it faster.
225  Economy / Trading Discussion / Re: How to start Trading for newbie on: March 09, 2018, 05:33:14 PM
You should definitely find a good guide on the Internet. There are many books about (stock) trading which will give you plenty of important information that might be useful even if cryptocurrency market is different. I haven't traded much but I hear a couple of important advice. Don't panic, many people tend to panic sell or panic buy (FOMO). Before investing you should read more about the altcoin you want to buy. Check if it's fully open-source, read the whitepaper and check if there aren't any similar or better project which could be more profitable.
226  Bitcoin / Bitcoin Discussion / Re: Working for Bitcoin on: March 09, 2018, 04:51:08 PM
I don't think that there is a company which pays in Bitcoin (except job offers posted here on Bitcointalk). What's the problem with buying BTC for what you earn? It doesn't too much time and you won't have any problems with spending your money on daily shopping. Even though Bitcoin slowly becomes more popular, I wouldn't advise anyone to work and receive payout in it. Cryptocurrencies prices are to violate, you may even get into serious financial problems.
227  Bitcoin / Bitcoin Discussion / Re: Some of my friends still think Bitcoin is scam and Ponzi on: March 09, 2018, 11:52:27 AM
Try asking them why do they think that Bitcoin is a scam or Ponzi scheme. They should be able to explain you why they think that way. I don't understand why so many people are afraid of Bitcoin. Is it because of banks propaganda? I'm quite curious what they would say.
228  Bitcoin / Bitcoin Discussion / Re: if bitcoin becomes the country's currency on: March 08, 2018, 09:35:47 AM
Bitcoin is not ready to become used as a national. There's no enough place in the blocks. However, lightning network should solve this problem because it will allow us to move most of the transactions off-chain. It is not a perfect solution because we still have to use on-chain transactions for opening channel which means that higher blocksize will be needed anyway.
229  Bitcoin / Bitcoin Discussion / Re: How can we share our knowledge to the other people about bitcoin??? on: March 08, 2018, 08:20:01 AM
Sharing knowledge with other people is fairly easy. All you have to do is to find an appropriate person (not tech savvy people might not understand you) and try to encourage it to use Bitcoin. You have to explain how does banking works and why it is bad. It is very important because many people don't see anything bad in it. Then you have to show that Bitcoin is decentralized and why it matters. Fixed supply is also something which you can't find in any fiat.
230  Bitcoin / Bitcoin Discussion / Re: Is crypto investors are dumb and Greedy?? on: March 08, 2018, 07:58:12 AM
People are afraid of losing everything they have invested in Bitcoin. I have learned not to panic and that's why yesterday's news didn't bother me. I'm quite surprised that so many people sold. Fortunately Bitcoin price stabilized at around 10 thousand dollars. Hopefully Bitcoin will recover in the next few days after everything turns out to be okay. People still haven't learned that someone is spreading massive FUD over Bitcoin.
231  Bitcoin / Bitcoin Discussion / Re: Regulation will lead to the fact that bitcoin will fall in price to $ 100 on: March 07, 2018, 02:06:43 PM
There is no reason why Bitcoin would fall again to $100. Because you think that it is worthless? Don't be ridiculous. I would rather trust Bitcoin and their community rather than use fiat. Bitcoin is a great thing, I'm not surprised that people want to pay $10000 for it. Bitcoin is slowly becoming better. Regulation won't kill Bitcoin because it simply can't influence it. The only thing they can make harder is cashing out.
232  Economy / Speculation / Re: What is the Bitcoin price after five years? on: March 07, 2018, 11:54:19 AM
It is really difficult to predict what the price of Bitcoin will be in the next five years. Many people probably didn't expect that Bitcoin popularity would surge that much. The same thing might happen once again due to media and governments paying more attention to Bitcoin and its regulation. I would rather know how we are going to upgrade Bitcoin that what will be its price in the future.
233  Bitcoin / Bitcoin Discussion / Re: How long bitcoin will survive ? on: March 07, 2018, 10:34:17 AM
We can't predict what will happen to Bitcoin in the next coming years. Cryptocurrencies are something new and they won't disappear anytime soon. Bitcoin was the first cryptocurrency in the world and that's why many people use it even though it isn't as advanced as other crypto. Bitcoin will definitely survive because a lot of people work on it to make it better.
234  Bitcoin / Bitcoin Discussion / Re: Is BTC the new gold ? on: March 07, 2018, 10:03:24 AM
Bitcoin has the chance to become new gold in terms of long term storage of value. Gold is used not only for value storing but also in electronics, jewellery and in some other exclusive products. More and more people seem to understand that storing Bitcoin is much easier and safe than Gold. You would have to buy a safe for gold or keep it in bank.
235  Economy / Speculation / Re: Is 2018 the most crucial year for bitcoin? on: March 06, 2018, 08:38:40 PM
2017 was a very fascinating year. A lot of people started to read more about cryptocurrencies and invest in them. It is good that people slowly start to understand that we need cryptocurrencies to replace our current system. Unfortunately it seems that the vast majority of them is only after money. Bitcoin price has been increasing in the last few months which attracted many new people and no wonder why. 2018 might be even better, the governments are slowly taking Bitcoin seriously. I'm curious because I want to know which countries are going to ban Bitcoin.
236  Economy / Speculation / Re: Will Bitcoins hit 30K before the end of this year? on: March 05, 2018, 02:18:58 PM
I would even argue that 30 thousand dollars is not too much and that Bitcoin will hit 50 thousand dollars by the end of 2018. Why? Bitcoin becomes faster and cheaper in use. A lot of people started to read about cryptocurrencies because they were a hot topic in the news. I hope that people will understand the whole concept of Bitcoin and start to use it instead of conventional banking. I'm aware that it will take some time but 2017 was the beginning of the crypto boom.
237  Bitcoin / Bitcoin Discussion / Re: The environmental problem on: March 05, 2018, 01:45:48 PM
Let's be honest, printing fiat is also expensive and in some cases it exceeds the value of produced coins. A lot of money is spent on securing bills from forging. Try to imagine how much electricity is wasted on such things. Bitcoin has a potential to become the international cryptocurrency then the cost of maintaining it would be much lower than fiats'. Some cryptocurrencies are also being backed up by a lot of miners which use a lot of electricity. Take Ethereum as an example. It's not only being used a payment (in some cases) but also runs ICOs, smartcontracts and dapps.
238  Economy / Trading Discussion / Re: Long term vs. short term investing on: March 05, 2018, 12:13:56 PM
For many people short term is a quick method to earn money but it is really dangerous. If you are new to trading you shouldn't try shorting. It is fairly easy to lose all your money because of lack of experience and information. It is important to do some research before shorting, it will help you to predict what might happen to certain cryptocurrency. Long term is much more safer, I would go for it if I was a newbie. Buying BTC as a long term investment is a good idea.
239  Bitcoin / Bitcoin Discussion / Re: Limit of Bitcoin on: March 04, 2018, 07:54:08 PM
Bitcoin has a limit of 21 million coins. Before we mine all of them we will be dead. The estimated time for mining the last Bitcoin is somewhere around 2120. Its value is not increasing only because of limited supply but also because of the technology on which Bitcoin is built on. Blockchain is something new and unique. Many people still don't understand how it works but they want to see it more often. Why do you think that Bitcoin price will decrease at the end of mining rewards? We can't be even sure that Bitcoin will survive that long.
240  Bitcoin / Bitcoin Discussion / Re: Is Bitcoins goal to end governments? on: March 04, 2018, 07:14:20 PM
Bitcoin is not capable of doing such thing. Bitcoin gives us opportunity to become independent from banks and governments at the same time. How? We can store securely our bitcoins on our own, no need to show your real ID anywhere. Governments won't be able to monitor our transactions. That's why they don't like the idea of cryptocurrencies, they are losing control. Terrorism became a huge problem in some countries, these countries will try to destroy cryptocurrencies because in their opinion it helps terrorists.
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