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221  Bitcoin / Bitcoin Discussion / Re: Forget Cryptocurrency. We Need To Talk More About Blockchain on: July 11, 2018, 10:57:31 AM
blockchain is a tremendous breakthrough in the world of technology, and blockchain is the system behind the cryptocurrencies
the world now in a blockchain fever, all fields of science and technology began to be developed to adopt blockchain as the foundation of its system

The important thing that we should take attention is that blockchain technology is the backbone and foundation of cryptocurrency. Blockchain technology can exist without cryptocurrencies while cryptocurrencies cannot exist without blockchain. Some companies are researching about blockchain that they wanted to apply to their system so that they can have efficient and effective system to help them reduce the cost of their expenses and avoid as well the double spending. They do not need to create cryptocurrencies to implement it in their system.
222  Economy / Speculation / Re: Do you think that people will invest in BTC in future immensely on: July 11, 2018, 01:57:16 AM
I Believe, if we can spread value of BTC, surely people will invest future  more than today, no one believe anything without reason, therefore we must explain for people who are willing to invest about BTC, If some one brought a bitcoin in 2010, how much money they can earn within few years, that is the message we should give for society.

The problem with this is that people will not just easily invest in it because of its nature being unregulated except in countries wherein there are already regulations implemented. I did attempt to introduce it to people before who has no interest into it but then when the price go down, I end up being blamed so now, I only introduce it to people who are interested because they knew that I am involved in cryptocurrency and earning from it too.

As the importance and popularity of the btc is increasing day by day obviously it can be said that there will be immense investment in the near future.

People are more attracted to invest into something that will give them almost instant profit so if they see that the price is increasing then they would be more entice to invest in it. If the price is hype then the volume would increase too. Just like what happen last december when the volume only increase when the price is high.
223  Economy / Trading Discussion / Re: What are the reasons why you must take risk in crypto market? on: July 11, 2018, 01:11:42 AM
The Risk term is basically every act you make on the basis of trading. If you want to make a good profit in this business, you always have to take risks. This risk is due to the unstable movements in the market and no matter how much you analyze the risk caused by this uncertainty, you can not prevent it.

No matter what investment you do, there is always an inherent risk involved and if you want to gain some profits then you should be willing to take that risk. There is a potential to earn big in cryptocurrency markets but the risk involved is high so it is up to you then. That's why the advice invest only what you can afford to lose always appears when it comes to investing because there is a possibility for it to happen in this kind of market wherein the value of your investment may become zero if you don't due diligence of what kind of coin or project you are investing in.

Trading has high risk and if you are a newbie then you tend to be emotional and there is no way for you to take the shortcut if you want to learn trading but to experience the losses because you can only truly learn from it if you experience it.
224  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: KYC for bounties and airdrops on: July 10, 2018, 02:23:25 AM
If you are not comfortable joining campaign with KYC then you need to pass over it. Though it's good we need to look for another... Me myself would like to keep my own privacy, but if the project is under the government then we don't any choice...

That's the right thing to do. If you don't want to provide private information then just skip that bounty or airdrop and find something else that do not require KYC. There are still a lot of campaigns that do not need KYC as long as you can follow the rules then you will be rewarded. Once you send your private info to the team then we don't know what they will do with it. I do not discredit the team who ask for KYC but I believe there are some who will use the info for their own personal gain and this is what I am afraid of.

If you can still avoid bounties doing KYC then just avoid it but then if you trust the team that they will just use it for verification purposes then go with it. I don't think KYC is required for bounties and airdrops though because we are no investors of the project.
225  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you tell people? on: July 10, 2018, 01:55:26 AM
The price of the crypto is not stable, it scares people. Profitability in crypto is a high advantage. It is risky but investing here is very enjoyable, i don't talk about crypto to people who can not stand up to risk.

I don't usually discuss it to people who will not ask me first. Some of them knew that I am involve in cryptocurrency so if ever there is someone who will ask me about it then I would willingly answer but then if they want to talk about another topic then I would just let it go because I learned my lesson when I encourage someone to invest on it and then the price went down and I am blamed because he was at a loss. It's my fault that I made his hopes high but now he understand already.

according to this, if I tell them that it is a young market with many opportunities for those who want to reach it. But Many people do not want to go in for the reason they are afraid if it is a fraud. so it also depends on them. they do not believe me But I'm sure someday they must have regrets because It's something very easy to understand for beginners. And of course, the technology and its future are what makes it worth it, at least, that's what I say to others.

It's really a good investment opportunity for those who are willing to take the risk but for others who wanted to stay in their comfort zone. Let the price do the talking later on. They will eventually talk to you asking for advice if they want in. I am willing to share my knowledge to people who are willing to listen and I tell them in a way they can relate because I am not a technical person as well so the basics will do and its up to them to their research later on.
226  Bitcoin / Press / Re: [2018-07-09] Microsoft Allegedly Stops Accepting Bitcoin Once Again on: July 09, 2018, 11:16:19 AM
According to a new Reddit post, anyone trying to top up their Microsoft account with Bitcoin will encounter major issues. Even though there are still links to top up one’s account with Bitcoin, the deposits are seemingly not being credited to users’ Microsoft accounts. This is apparently because the company has stopped accepting BTC transactions altogether, even though the payment option is still visible at this stage.

If there is no official statement yet from the microsoft itself then it is not finalize yet as to whether they are still accepting bitcoin or not. It would have been a good option because many people are now using cryptocurrency and some do not have any credit/debit card so it solves the issue when it comes to people who cannot have this type of payment option.

It would be a loss to them if ever they decide to stop accepting bitcoin payments. It seems that we are now approaching for a bullish trend and more people would join in then so it would be a disadvantage to them.
227  Economy / Speculation / Re: Hayes: A Positive Regulatory Etf Will Push Bitcoin to $50,000 in 2018 on: July 09, 2018, 01:39:29 AM
Are you joking, a price from 6500 usd to 50,000 in just 6 months left for the year to come an end. No ,I don't even think bitcoins at this stage can cross a price of even 20,000 on January 2019.
From $6500 to $52,000 is an increase of 700%.

We in 2017 went from $750 to $19,500 which is an increase of 2500%.

No one could have seen that coming, and that's the whole point of these massive bull runs. They are effective because no one expects them, and that stimulates people's emotions and directly make fomo insanely powerful.

I can agree that it is unlikely to happen again this soon, but this market is literally capable of anything with the right amount of hype, momentum and where high volumes of capital is being injected. We had all that last year.

Seeing the downfall of bitcoin from ATH to its price now, it seems that bitcoin will be having a hard time recovering so the rise of bitcoin to $50k within this year is just too good to be true but when you see the rise of price last year, you will be astounded as to how much the bitcoin is capable of rising. Once people see that its price is rising again, FOMO would come back and maybe we can reach a new all time high again. We might not believe that it will happen sooner but then who knows because after all bitcoin keeps us surprising.
228  Economy / Economics / Re: How long before banks become obsolete? on: July 09, 2018, 01:17:10 AM
Banks become obsolete?? .. Every crypto enthusiastic pipe dream. Why would banks become obsolete?. No matter the level of development and adoption in crypto, it can never push off the Banks. Banks provide a more stable and efficient financial platform.

Banks will not be obsolete because even if you have cryptos, you still need banks in order for you to have fiat. As long as fiat is needed then banks will exist. How would fiat be created then if there are no banks that will issue it. We may have found a way to have a seamless transaction by using crypto but still banks are there because we need them. Not everyone knows cryptocurrency and if even there is already mass adoption, we cannot immediately shift to it because there is still limitations when it comes to who can access and use it.

I can say no one knows how long, but the mere fact that people still using banks as payment method and to kept their money it will not become obsolete. Crypto has many long way to go before it can the best and top to use globally. Because banks are still the top choice by many users.

For as long as people use it then banks will exist. Cryptocurrencies might be a threat to them because others use crypto in doing their transactions so they got a share of the market and the profits too but crypto cannot just easily eliminate the banks. They will just co-exist.
229  Alternate cryptocurrencies / Altcoin Discussion / Re: What are your plans with your Crypto Currency? on: July 08, 2018, 02:08:56 AM
I plan on staying in the crypto market for as long as it takes for me to make the most profit out of the coins I am hodling. I think this market will end up stabilizing and the value of the coins will increase. I am also looking for good investment opportunities to buy good altcoins which I then can exchange for fiat and turn into BTC.

I am planning to stay too for as long as I can and I think it would be as long as cryptocurrency would be valuable. With all the developments in cryptocurrency industry, I think it is here to stay for good and there would just be innovations that would make more people adopt it. I am hoping that I would not end up just buying and selling coins but actually use it so that it would become valuable.

We can also help the crypto industry be known if we will use the coins for its actual use case and show it to the people how they can benefit from it. Currently, Brave has been useful to me because of the ad free experience while browsing and you can pay the publishers too using BAT token so that's one example of using the coin. Most of it are in alpha or beta yet and some are not yet develop so we have too wait for it to be fully implemented.
230  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The Bitcoin BULLS will have no mercy! on: July 08, 2018, 01:33:04 AM
This is a very bullish thread, the bears must be quaking in their boots! We're marching onwards to $7000 which will start the mega bull run that we saw in Q4 last year. Keep the bull threads going, bears will go into hibernation soon Grin

I like to see this thread more because its positive unlike the negative ones like bitcoin is dead. Anyway, when the bullish engulfing candle formed more than a week ago, price has risen ever since and then there is a pump again few hours ago. I have seen from a telegram group that they would buy again when it breaks $6,850 in a daily perspective but it didn't and it went down. We have yet to see then what will happen during this weekend. It seems people are getting excited again seeing the greens in their portfolio.

As for the shorts, it has been going down for a few days already and the longs are going up so maybe this is all we are waiting for of a recovery. We might be far yet from the all time high but then at least we are rising again. We have yet to see then what will happen at the end of the year and maybe in a few months, there would be a catalyst that would push the price higher and the hype will be back.
231  Economy / Gambling discussion / Re: What is best practice for gambling?? on: July 07, 2018, 10:50:18 AM
And on contrary I think this is all about a loss that you are going for. People think of this as good option for making money but believe me this is nothing but a waste of money. Either you are just investing in gambling or investing in gambling place, in either case you would be losing the money you are investing. Much better option is to get good income from trading. Make it your option.

Investing in a gambling place would still be a better option than gambling yourself if you can't control your emotions yet because more likely, you will just lose immediately when you wanted to get back what you lose when gambling. At least when you invested it, you don't have to monitor it all the time and it will be a passive income for you. Just forget about it for some time and you will be surprise how much you already gained from it. Although there is a possibility that you will gain more in trading, the opposite may still happen that you will lose your capital.
232  Economy / Trading Discussion / Re: Stop dreaming about the perfect trade on: July 07, 2018, 10:42:34 AM
Trading is a marathon and not a sprint. A trader must trade probabilities, not indicators. The perfect trade is when the sum of probabilities with a positive outcome is greater than the sum of probabilities with a negative outcome.

This would be the good description of trading. The problem is that some traders especially the newbies wanted to maximize their profit immediately and wanted to double their capital because they have seen others have done it not knowing that the trader who was able to do that has years of experience behind him or just got lucky.

Most likely, they would join signals group because they can't wait to earn more and maybe join some pump and dump groups as well because in there they can immediately gain profit. People are always in a haste and at the end of the day they will most likely lose more than gain some profits.

It is all about probabilities that you will have a positive income even though you have incurred some losses. It is also about losing less instead of having massive profits immediately.
233  Economy / Speculation / Re: Why Some People Dont Believe BTC is SCAM? on: July 07, 2018, 02:33:21 AM
20k$ dumped to 6K$ was difficult but happened, 6k$ to 500$ is very easy soon will be worthless,  So  Why Some People Dont Believe BTC is SCAM?

A falling price does not make it a scam.

The price of an Amazon.com share went from $105 in 1999 to $8 in 2001. Is Amazon.com a scam?

Yes that would be right. Just because the price fall from $20k to $6k you would immediately say it is scam? Just like the example above, Amazon is clearly a legit company and the same would be applicable to bitcoin. It is not a scam because no one intends to defraud people about bitcoin by creating it and then creator run with the money because even if we don't know the creator of bitcoin, his bitcoin is still there and it wasn't touch.

Some people would just say bitcoin is scam because of lack of knowledge about it. If they would deeply understand it then they can say that the company that uses bitcoin to scam others are the one that are illicit but bitcoin alone is not scam.
234  Economy / Economics / Re: Bitcoin and Fiat - this is how I see the future on: July 07, 2018, 02:12:39 AM
Your point with governments trying to control as many money flows as they can is very true. However, bitcoin transactions are not anonymous, rather pseudonymous, and every attempt to convert cryptocurrency to physical goods or money can be traced..

Government would want to get its share of the transactions through taxes or fees and due to the limitations of the bitcoin not being used all the way to purchase goods as there are only selected merchants that accepts it, people have no choice but to convert it to fiat and through this way, government would be able to trace the people who would convert it because more often than not, the platform that would be use for conversion is registered and licensed by the government so they need KYC.

I don't mind anyway paying taxes because it is my responsibility as a citizen but there are times when the taxes are just too much and then it would just go to the pockets of certain individuals because of corruption. It would be better if the system of paying taxes is in blockchain too and the flow of money would be traceable so that we can caught those corrupt people.
235  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How to know a new bounty on: July 06, 2018, 01:35:07 AM
Guys,  I usually see  'new' on most bounties, but once I  clicked on it. I will realize that it already two, three weeks old or even a month. How do I find new bounties immediately they are posted.

Just click this link OP for bounties paid in altcoin! => https://bitcointalk.org/index.php?board=238.0;sort=first_post;desc

You will be able to filter the new bounty campaigns listed. If you want to join a campaign paid in bitcoin then go to service section => https://bitcointalk.org/index.php?board=52.0

If you want to filter it to the newly listed topics then you can just click this link https://bitcointalk.org/index.php?board=52.0;sort=first_post;desc

I hope that help you!
236  Economy / Trading Discussion / Re: What exchanges will survive? on: July 06, 2018, 01:15:13 AM
I have faith binance will survive! Traders to that exchanges are increasing daily. Further, they have a lot of coin  to trade from. The volume also is huge.. In the presence of so many exchanges today I think binance will go till the end.

Binance is the go to exchange for now because they have large volume and the coins listed in there exchange are really getting popular and pump immediately even in the announcement yet. But still, there is a possibility that people would decide to transfer to other exchanges in the future if they don't like the exchange's service anymore just like what happen to Poloniex and Bittrex in which they are the ones dominating the market before but now they are not even in the top 10.

I don't see exchanges die very soon, at least not before decentralized exchanges will become efficient and popular. At the moment there is an increasing quantity of new coins/tokens which just can't wait to be listed somewhere, so that's a lot of food for exhanges.

Decentralized exchanges would dominate the market eventually when the centralized ask or force its users to have KYC just like what happen to Poloniex and Bittrex. Other exchanges has a limit so users still have a choice if they want to have KYC or not and I hope it would remain this way. There are many exchanges you can choose from for now but still others are not that known yet because of lack of volume.
237  Economy / Economics / Re: So many cryptocurrencies ! on: July 06, 2018, 12:41:26 AM
more crypto currency will be more profitable for bounty hunter. they have more chances to earn money from bounty campaign. but the chances of a scam project are also getting bigger.

Every day there is new Pre-ICO or ICO that the bounty hunter can join but then out of all the new bounties that are launch, maybe more than half of that is just scam or maybe not scam but the ICO will fail resulting to return of investors money and the work of the bounty hunter will be in vain. This is the reason people should choose carefully what projects to join because they may join a lot but the one who will pay is less than half.

There are so many cryptocurrencies in the market right now. But not all are advisable to invest. Many are listed but the price did not even reached the ICO price making the investors lose their investment. Though there are good coins for you to choose but you cannot blame those if the price of bitcoin goes down. It is part of the market.

Investors should choose carefully what projects they want to invest in. Some ICOs have been finished for months already but not listed in any exchanges that's why others just choose to buy when it is listed in exchanges because they are sure that anytime they can just sell their coins. More often than not anyway, price would be lesser in exchanges upon listing compared to its ICO price.
238  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Right time to buy cryptos ? on: July 05, 2018, 01:47:32 AM
I agree that now is the right time to buy crypto, the price is at the lowest position and this is very profitable at the end of the year, the most important in the investment is to dare to take a decision that is buying and not waiting

It isn't guaranteed if you will be very profitable at the end of the year because a lot of things may happen that may cause the price to plummet. I am not being negative but just giving real talk to people who are thinking that they will definitely profit at the end of the year. They should still do their due diligence of knowing if the coin they are investing in is worth it or not by seeing its past price actions and the plan of the team for the coming months or years.

If you plan on having quick profits though then it is better to use technical analysis but if you plan to invest in it for the long term then fundamental analysis is vital. Just don't forget to take profit when you have an opportunity because it isn't guaranteed the price will stay up. We know crypto prices are volatile and instead of having profits, you may end up at a loss. Nevertheless, it is the right to buy crypto IMO because people are starting to be positive about the market.
239  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bounty campaign, really a lot of cheating? on: July 05, 2018, 01:26:52 AM
Later on, I decided to find out if someone had already used my name too. I was surprised, Yes, I'm also a victim.
I didn't know that I've already joined a lot of campaigns which in reality is, "I seriously don't have any clue about it".
This is unacceptable.

When I read some thread about others using other profile accounts just to join bounties, I check if someone use mine and its confirmed, there are some who are using my account and I bet it would be newbies who can't join the campaigns. They use other profile because they are not required to post a proof of authentication when registering to the campaign and just in the form so it has a higher tendency of cheating. Bounty managers should strictly implement this one because many are abusing it just registering in the form.

Some bounty managers like btcltcdigger is using this strategy to prevent those cheaters. There are times too when I want to join a campaign and discovered that someone already registered using my profile. There are just so many cheaters and we should help each other to caught those people.
240  Economy / Trading Discussion / Re: Why Do People Dump Their Precious Tokens With Ridiculous Low Price on: July 04, 2018, 09:19:31 AM
As a natural deal in the market, sellers always want to sell high and buyers always want to buy low. But the reverse seem the case with those sellers who dump their Crypto coin or tokens for some very low and ridiculous price. Thus that's not a natural market deal. What really is the reason why people dump? Have they got enough crypto gains that they need no profits no more?

Some people would dump their coins because they need some money to pay bills or for other expenses or they just want to buy those coins that already existing in the market for a long time like Bitcoin and Ethereum. When you receive a token and it is not increasing in value, there are times when you lose hope that it would increase again that's why selling it would be the best option for you even though you are at a loss. The bad move is that some sell when the price is already half or even lower of the amount they bought it. They should have cut loss when they still has a small loss and then buy back lower. Well this is a lesson for everyone that you should cut loss as early as possible especially in a bear market.
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