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221  Economy / Trading Discussion / Re: Today 2018/01/16 all crypto down nearly 20% on: January 21, 2018, 08:05:13 AM
Bitcoin, Ripple, ethereum and other cryptocurrencies are falling today after uncertainty over crypto trading in South Korea triggered a panic sell-off of the virtual currencies. Cryptocurrencies were off to a pretty volatile start this year, but reports of South Korean regulators cracking down on exchanges shook the entire digital currency market. The Finance Minister Kim Dong-yeon reiterated that a ban on crypto trading is still very much a “live option”.
I don’t know about others but fall in bitcoin will make a lot of pump in future because bitcoin will soon get a lot of investor’s attention and this will give high demand to the bitcoin prices will automatically go high and I am sure bitcoin prices will not stop now this is the last dump of prices to get it on lower prices afterward bitcoin will be in very high prices as well and I am sure this all shows that bitcoin going to be more worthy.
222  Economy / Economics / Re: Do you think that bitcoin can reduce corruption? on: January 20, 2018, 10:12:05 AM
People sometimes got crazy and think that BITCOIN is the solution to every socio-economical problem they are facing today. But it's not so, BTC can't really help to reduce corruption coz bitcoin use anonymity in the transaction so how could we know who got how much bitcoin with them. Bitcoin Address is just the combination of number and alphabets, which cannot define the identity of the user. Bitcoin transaction may called to be transparent on blockchain but it does not have any advantage to evade corruption.
No brother no need to be fed up by such threads. Autarky this portion is all about giving information whatever you know about something. Here are newbies with us who are continuously coming and getting some useful facts about trading and investing and altcoins and all other related stuff. So be cool and just ignore if you don’t want to see this thread coming again.
223  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: January 20, 2018, 09:21:40 AM
im not selling my BTCs - im just using tchem to buy goods.

not my fault some companies sell them later tho..

Good for you that you are only using btc as payment to buy goods. I preferably holding my bitcoin because i wanted to sell it later at a higher price that would give ma double or triple ROI. Smiley
For taking the advantage of something, you must be sure about that one thing. There must be no doubt in that particular thing. You must be clear and cluster for what you are putting your investment in. same in the case of bitcoins now, one must put hundred percent confidence in them. Bitcoins are amazing and they will not be going to die. Hold bitcoins for long term and earn more money.
224  Economy / Trading Discussion / Re: job and trading together.. on: January 20, 2018, 08:45:37 AM
You can go the easy way. Just follow a good Blogger on Tradingview for example. It will work if you are lucky  Grin
Doing job and trading together is the best to do, why? Because doing this both can help us to have a lot of money and doing trading and job ca help us to have a good future.
I don’t think so that it is that much good idea to go for trading once you are having some full time job as well. In case you are having some job, then it is better not to go for trade. Instead, you can go for holding of bitcoins as this will not affect your job and that will also help you in making more money in the future as well. Make a better plan which can make you more money with less efforts.

225  Economy / Trading Discussion / Re: What is the best coin to buy today? on: January 20, 2018, 08:10:02 AM
Hi, guys. What do you think, is this a suitable day for the entrance to the altcoins or we still waiting for a bigger fail?
Whenever a good coin is available at cheap rates, one should not wait for further decrease in prices because you never know what is waiting for you next moment in the crypto market because of its volatile nature. So the best thing is to get into the altcoin market right now and grab as many of it as possible for you at cheap rates. Later one, you can even sell it on pump and enter the bigger market of bitcoin.
226  Economy / Economics / Re: Is Bitcoin Volatility A Bad Thing? on: January 18, 2018, 11:03:19 AM
No, bitcoin volatility is not a bad thing. In fact it is the lifeline of the traders who make good profit out of it.
Yeah mate you are telling the truth bitcoin volatility is the best thing so far it gives people chances to maintain their profit in bitcoin as well as it gives chance to work on the strategy of buying at low and selling at high and on top of it this thing is true that if bitcoin prices get stabilized then there will not be enough profit for all of us so it is better for every investor volatility bring high profit and it is welcomed by investors.
227  Economy / Trading Discussion / Re: How to choose good coin!? on: January 15, 2018, 10:38:04 AM
Try find coins that has own blockchain. See their roadmap and whitepaper. If you find token also, then try some utility tokens, not a payment token. Because payment token is useless, too much fee. Better pay it with eth rather than payment tokens.
Mainly focus on the future aspects when choosing a coin to invest then see the popularity of that crypto and then see its profit rates of past and if they give satisfaction to you then invest into it and at this time the most established coin of all the time is bitcoin go for it bitcoin has the best profit returning values and the acceptance and popularity of bitcoin is also very high and there is no risk condition in bitcoin so its best.
228  Economy / Trading Discussion / Re: What to do when prices are falling on: January 13, 2018, 02:18:12 PM
The smartest way to do when prices is falling is to catch it. Take the opportunity to buy some more. Just be sure that the coin will recover lately.
Exactly! There are number of investors especially the newbies who instead of cashing that opportunity in a good manner get panic and sell their coins at low price. The best thing which you need to do at that time is not to get panic but to keep holding the coins which you are already having and other than this, buying more number of coins in order to have bigger profit later on.
229  Economy / Trading Discussion / Re: What is the risk of holding Bitcoin? on: January 13, 2018, 01:23:53 PM
Here risk is only depends on the bitcoin price,bitcoin prise always changes.we can hold bitcoin for future plans.bitcoin is digital currency.bitcoin is the new generation currency it has long life.we can hold bitcoin till price is increase.
The market value of bitcoin will keep on fluctuating and there is no way that you can control that thing. Looking at the past, you can conclude this fact that the market price of bitcoin has increased most of the times.

However, holding of bitcoin for some longer period of time can turn out to be risky if you are having not some good control over your emotions especially at the times when things are going in other way.
230  Economy / Economics / Re: Bitcoin price fluctuation on: January 13, 2018, 06:16:24 AM
I thought that trading on the stock exchange would stabilize the bitcoin rate. But, apparently, this does not happen. Of course, the cost of bitcoin does not increase as quickly as in December. But fluctuations in 2000 for 2-3 days did not stop.
Bitcoin is a way far away from the word stability. It is going to take a lot of time before this happens and honestly I don't want this to come true. That will actually make Bitcoin lose its charm and popularity. Definitely, if it doesn't fluctuate investors cannot get good profit.

In addition to this, I am in love with the rate at which Bitcoin changes its value making it possible for the investors to increase their capital within no time.
231  Economy / Gambling discussion / Re: How can gambling help you with your life? on: January 12, 2018, 07:54:47 AM
Sometimes if you gamble and win, you can have extra money for the things you want because for me all my needs, i dont rely source from gambling, it should be prepared from your regular means of living, therefore if i win in gambling its all extras, all for luxury or either i can put to investmemt😃
Sometimes , but when you look at people around they are suffering huge loss mostly.
So your winning might only for temporary and the rest of it always become a nightmare , you get back to zero or even worse.
That is the clear circle in gambling , you do won 1 btc but then lost it in the next day worth 1.5 bitcoin and so on, you guys should wake up .

No one can judge gambling is a good or bad thing because in sometimes it is very useful for our urgent needs but in sometime it gives only loss and tension for us,so gambling with intelligence and experience is a good thing for a gambler.
Just look at the bigger picture , what effect mostly you received by the end of your gambling days.
As i said when you get a good moment it won't last forever , bad things always come after it.
Your life will even better when there is no gambling experience at all.
Correct! If there's  no gambling habit in yourself then its a peaceful way of living. But if you want your life to be miserable well try to gamble all day (lol) until you realized what is really the bad effect in your life when you're a gambler and getting addicted of it.
People always gamble with a purpose to make it profitable , and that's sounds like not realistic.
Yeaaa because of the -EV gambling never be considered as a good way to make money no matter what.
In the end there's no helpful thing when it comes to gambling , all of the good things in gambling just like what other people claims is only an excuses.
It's still realistic to gamble for profitable goals, it's just very difficult to get profit from gambling. There is nothing wrong when expecting profit from gambling, only we should be self-control, do not expect too much because it's too hard, just normal expectation.
 

Difficult near to impossible which means for me not realistic lol.
If you gamble for entertainment and did not expect a single penny profit , then you are in the next level of gambling, that's a good thing.
Believe it or not gambling never provide anyone profit in the long run , they are all gone broke , otherwise get nothing but regret, nothing helpful.
I also agree with you. I have the same opinion as you are having. Playing gambling just to seek fun or to try something new in your life is not the thing which is opposed by the people who loved you because it will not put you in deep troubles as most of the gamblers are facing during their gambling life.

I am very shocked from people opinion who think that gambling can give you a long term profit and it is the thing which can help you with your daily life.
I also have the same opinion as you are having my friend in this regard. Playing gambling for fun purpose is not a bad thing because you are not conducting an activity which can affect you and your life at later stages but if you will start playing the same game by putting bets.

Definitely your family members would oppose you activity and they can also beat you for your good sake because they know what is good for you or not.
Fun should be the main focus of every gambler when he steps in for gambling in a casino because this thinking will not make him greedy and if he wouldn’t become greedy, simply the gambling wouldn’t affect his life. People who become greedy usually start betting with bigger amounts and they keep on losing the games because they don’t play with focus. One thing on which they have focus is big money.
232  Economy / Trading Discussion / Re: Bitcoin or Altcoin on: January 12, 2018, 06:29:25 AM
It would be better if you diversify your investment portfolio into two parts. Although bitcoin price too high, you can still invest 30 percent of your funds into it. With the rest of the 70 percent, you can invest into several high prospect altcoins.
Wouldn't it be much better if we exchange the numbers or the percentage you have suggested?How about investing 70% of the money into Bitcoin and 30% into other alternative Coins. Now that we truly understand this fact, Bitcoin is going to increase tremendously in its value.

I think it would be smart to get the most benefit out of situation. I also support diversification and I suggest giving a try to Ethereum, ripple and Monero.

233  Economy / Trading Discussion / Re: How to know when to sell? on: January 11, 2018, 07:58:15 AM
Know the latest news about the coin you want to trade.
Most pumps and dumps are caused by events that are either positive or negative for the coin.
Examples of events that cause changes in price: Exchange shutting down, countries banning ICO, meeting announcements.
Then you need to predict what effect it will have on the price.
Crypto markets are high to predict and they can really bring about what is not expected. News has always helped most of the times but it is not every time you will always have news at your finger tip and most times you have to make decisions based on the activities on the charts and some expected outcomes. It is also better to find a market one understands very well before trying to trade the market.
234  Economy / Economics / Re: Cashless society on: January 10, 2018, 07:37:14 AM
It could be a great thing that will happen if everyone could accept these changes but it is not possible right now because our current technology is not that yet advanced and some people doesn't really know how to use computers, so it will be down to a huge debate.
It will really be too good to see things happening in that way. This concept of cashless society is indeed a very good concept and it is very much possible to see such kind of thing in the future. However, until and unless this bitcoin and all other crypto coins don’t get recognized as legal currencies, it is little difficult to make things happen that way. It will take time and after that we really can expect cashless society.
235  Economy / Economics / Re: You should never trust banks on: January 10, 2018, 07:07:39 AM
I trust only that banks are either government owned or if the deposits are insured by the govt .
Either be it government bank or private sector, I don't think there is any fear as nowadays banks can't run awatly with your money. All the money is being handled by a central body. I personally don't fear banks but I do fear its policies which does varies.

which I know the bank, private or government owned is already supervised by the government, in the transaction activity. so if the bank makes the fraud it is quite difficult, because it has been supervised. therefore we believe or not to the bank is up to us.
Before the introduction of crypto currency, there were people in fact all of us were having no other suitable option than that of putting their trust on banks.

With the passage of time, things are getting changed and now banks are not considered to be the best place of keeping your money safe. A lot of events happened in the past history which really shows us that banks are not that much safe as they need to be.
236  Bitcoin / Bitcoin Discussion / Re: Bitcoin is changing the world. on: January 10, 2018, 06:26:42 AM
Yes , bitcoin is changing the world . Because as we all know the way of bitcoin market is growing and how people are crazy about bitcoin . Bitcoin is tool for make a money if people use that tools properly then bitcoin is more profitable part of all human being . So, in current genation we can see bitcoin growth base on that we can say bitcoin is changing the world.
Bitcoin is actually changing this world in a way that it is really helping this world in becoming a better place to live. All the people who are into this stuff are really very much happy with the earnings which they are making from bitcoin.

This number of people who are interested in making money from bitcoin is increasing with each passing day which is then resulting in better economic situation.
237  Economy / Trading Discussion / Re: where do you get your predictions? on: January 09, 2018, 11:11:13 AM
I don't look on predictions. You could blame them later if their predictions didn't happen. Better to do research on crypto currencies , analysis and the movement of their chart. Reading a lot here in our forum will help you a lot.
I wonder why anyone will be looking for predictions somewhere and basing their trading on someone else's analysis. Such a person knows the decision to take in case anything should go wrong while someone without any knowledge to trade and basing it on predictions from others will only end up doing themselves bad. One should be able to make analysis and rely on their own decisions, otherwise, there is really no point trading.
238  Economy / Economics / Re: DON'T DO PANIC SELLING !!! on: January 09, 2018, 10:29:56 AM
Yesterday, when the cost of bitcoin exceeded 10,000, I was afraid that many would start selling it and the rate would drop. But this did not happen, on the contrary, the value of the crypto currency rose to 10500. Simply fantastic dynamics of growth.

Well yesterday it rose from 10k to 11k in a span of a few hours and today it plunged to 9k with the same quickness. But i don't see any panic there. People are now even hoping for these kinds of dip and corrections. You're probably a newbie if this rattles you
Corrections are totally normal in every market most especially after a very huge run. The most important thing is that we have tested a new ATH, so people are definitely going to start cashing in a lot of profit now so they can get back in once we hit the last support level. How long this is going to take is definitely not known but we should expect a pretty huge one but there is absolutely no reason to panic.
239  Economy / Gambling discussion / Re: How to spot a gambler addicted? on: January 08, 2018, 09:00:17 AM
Its easy if you find that person everyday on the casino, i'm sure he/she is an addicted gambler.

Yeah, usually we think that he/she must addicted gambler who all the time discuss about gambling and play gambling, sure he is a addicted gambler, that's why i don't play gambling everyday, in a week i play only one day and use limited money in every bet, becasue i can't bear a big lose in gambling and i don't want myself as a addicted gambler.
It is obvious that the person discuses the same thing every time which he loves the most because the thoughts of being superior in it are always present in his mind.

Also the person having more knowledge of gambling than anybody else in the same gathering means such a person is conducting that activity that’s why he’s well aware of every single tip and trick which is involved in that activity whether it’s gambling or something else. 
I completely agree with you my friend. It is in man’s nature that he is thinking about same thing which he’s conducting in his life because he wants to be perfect in that activity for which he tries to carve different ways for his success. For example, if one is business man from his occupation, he will be thinking about inventing new ideas which could prove him very valuable in the end to earn healthy profits.
240  Economy / Gambling discussion / Re: Why is gambling so addicting? on: January 05, 2018, 11:09:50 AM
Because gambling is very fun thing to spend time. Unfortunately, the gamblers have forgotten time and having a dream to earn big money in fast time.
That's both fun and money so the money that you will going to earn makes it more addicting through many people are almost wanting to earn money. You can get out in a gambling game if you know to control your playing and the money you have spend into it.
Agree controlling is the key on winning on a gambling because you can earn fast money but you can also lose money so fast. Playing gambling is so addictive even me has been addicted on gambling before but I can't control myself from playing thats why I stopped playing it for a month and learned my lesson to play on my limits. Thats the time that I can get home with a lot of profits when I controlled myself from playing gambling.
I think for a gambler, building self-control is the biggest achievement in his life because it can control him from taking many wrong decisions in his life which could prove worst living for the gambler at the end. 

I call the profit earned from gambling’ the borrowed money’ which means you have to return that money back from whom you have earned this money by winning the game because the greed makes you fool to play another game, the last one I call.
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