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2201  Bitcoin / Bitcoin Discussion / Re: Bitcoin in the last 24 hours on: January 06, 2017, 06:51:51 PM
Well, I think the price of bitcoin today as well as a roller coaster. bitcoin prices rose to the height in less than 24 hours, and after a lot of people who hold their bitcoin, in the hope that prices will be higher bitcoin. but, in less than 24 hours as well, bitcoin prices back down almost 30%, but the current prices can still be said to be high.
I see current dump as correction which was triggered by chinese rumor which will be temporary for sure. Any price below $1000 right now seem good point to buy back if you have sold it when it was at peak before or to bag hold more.

The one who will panic in this type of correction will eventually giveaway their bitcoin to whales at very cheap price. Grin Grin Wink
Buying just bellow 1000 does not seem the right choice right now markets tend to over correct, so it is very possible the price is going to get a lot lower than that, so if you bought bitcoin right now you may be in the red for a lot of time.
For now i seen more people are trying to sell in the market i just using bitcoinwisdom for analysis and i saw more reds are coming but many people are still buying in bitcoin and pushing the price into high .. i saw the price later it hits to $897 and sooner or later the price is increase again into $910 and i think it will increase more soon..but the problem there a huge downfall this days or few minutes ago.. but i am still believe that the price will increase back soon..
2202  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin become centralized sometime in the future? on: January 06, 2017, 06:49:29 PM
To ensure some sort of centralisation never happen, the best way is still to spread the hashrate concentration to multiple new pools. I guess since there is more and more people coming into the game, and a lot more will come I think because of the price rise, actions will never have to be taken.
I doubt that will happen. The Chinese seem really persistent on controlling the Bitcoin mining industry. I think that something really big has to be done if we want Bitcoin to stay as a decentralized currency. And I don't see many more people getting into the Bitcoin mining business because the Chinese look like such a dominant force.
I think bitcoin will not become centralized. I really sure if more countries accept bitcoin china will not able to control/influence bitcoin price anymore. Anyway minning is not forever, isn't it?
yes i am also agree with you. although states and governments will like to centralize bitcoin so as they have control over it if they are going to turn it as legal currency but still i will say that bitcoin is not going to become centralize and will stay as decentralize currency of the world.
Honestly we do not know what will happen in the future but i think bitcoin can be still centralize in the future.. for now we are using it anonymously and i think if almost all country are using it with government i think it can be centralize by government and we will pay for taxes and fee for transactions.. that i hope it will not happen in the future..
2203  Economy / Gambling discussion / Re: Bitcoin price and gambling on: January 06, 2017, 06:44:30 PM
According to my views it will have a very good affect on gambling sites and casinos which use bitcoins because people have their limits of bits for playing and if the price of bitcoin will increase then the earnings of the owners will also be increased.
There is positive effect for most of the gambling owners because they are using bitcoin in gambling and the price of bitcoin is gradually increase and i think those gambling owners they are not exchanging their bitcoin fast into fiat but if the price is increasing i think some of them they are exchange their bitcoins into fiat just to save the profit from price increase
2204  Economy / Trading Discussion / Re: HOW MUCH YOU EARN/LOSE FROM TRADING on: January 06, 2017, 06:44:19 PM
Loss and win in trading ever i through when i trading bitcoin also alternative coin. I get a little profit with alternative coin around 0.001 btc because at the past i only put little amount of capital.
Before when i was newbie with trading i was lose but after learnings for some other trading groups and other tips i earn few profit.. until now i am making small profit because of small capital investment in trading but i hope that i can invest more money in trading and get more profit..
2205  Economy / Economics / Re: Is it better to save money or invest it? on: January 06, 2017, 06:42:02 PM
Savings or investment is really a good idea.
Prefer everyone to invest money instead of saving. I have invested my half money in stock market.
if you prefer the investment of course it would be quite risky. if your investment would generate a loss of more than half of your possessions will run out and disappear. better prioritize store and use a certain percentage for investments
but you can only make money in bitcoin if you invest your money, without investment and taking risk. you need to invest your money in a save place where the profit is more and the risky is minimum. therefore i will suggest your bitcoin to invest your money there.
Saving your money in bitcoin is always a good idea.. For me i am saving my 10% of salary into bitcoin not accurate but i am saving 10% every month and sometimes x2 every month.. that honestly giving me a chance to have a dream someday.. learning more skills and use for business in the future if i save a lot of bitcoin..
2206  Economy / Gambling discussion / Re: Gambling should be considered as a Sickness!! on: January 06, 2017, 06:39:59 PM
Gambling make a sickness if we loss, but if win will health and happy again. If we think gambling for rich, I think this is very imposible, too many peoples poor and die because gambling, before gambling we must ready to win or lose.
Sometimes even the winning also make sickness as if a person win and he find that it is the way to earn money then he will spend more time i gambling and he will spend a lot of money in gambling and no one know the fortune in gambling so it can redirect to sickness.
Gambling is not a sickness for me gambling is just a game for entertainment the people who are addicted in gambling maybe those people are turning into sickness because they are addicted but they can control their self because it is their wanted to do with their money..
Like my friend that addicted in gambling but he can control his addiction if he has serious problem for money..
2207  Economy / Economics / Re: Bitcoin can not replace fiat on: January 06, 2017, 06:37:40 PM
bitcoin will be never replace fiat because fiat is regular currency and we can use it for direct shopping and we can use it for online shopping but i hope we can be use both currencies for direct shopping in the future.
Bitcoin is just good for alternative payment method but i think they can not replace fiat like you said it is a regular currency and fiat is already published for every government and country.
For me bitcoin is just a good to use in online activity just like other payment methods.. or use for paying for every day life like here in my country we can pay for our electric bills with bitcoin.
2208  Economy / Gambling discussion / Re: do you can control your self when playing gambling? on: January 06, 2017, 06:35:17 PM
Yes I can control myself when I gamble because of the rare fact that I gamble for the enjoyment and not for the money like a lot of other people.
sometimes the enjoyment also lead to extreme and then people want to play for more time of the day and start to waste his time of the day in gambling no matter how much he spend the money but lose the control for enjoyment.
Its always happening that you will lose control if you are enjoying the game. i experience this in other game that actually its entertaining also it can greed you if you are gaining good profit and you will push to bet it all but the result in the end you will lose because you are greedy and lose control with your self. better to always gamble with satisfaction..
2209  Economy / Gambling discussion / Re: Is SatoshiDice a Trusted Casino? on: January 06, 2017, 06:33:03 PM
I think they are still alive and working and they old dice site . just like other said they are experience of DDOS but its already been solve..
And they are campaign few months ago better to always check their announcement thread if they are active or not. .
2210  Economy / Gambling discussion / Re: Why trading is better than gambling? on: January 06, 2017, 06:30:58 PM
that's right gambling is for those who's willing to take big risk trying to double their btc in a short period of time but if thinking wisely its better to go with trading as many information around here that you will be able to study helping you to decide where to place your investment and it has lesser risk but lots of patience is needed to earn good amount of btc.
You can have all the information, experience and knowledge about trading and still lose money. In an instance, you were asleep when the price dump has happened. And so when you woke up, the price is already much lower than when you bought it. It's very possible to happen because whales are just around the corner and they can manipulate whichever altcoin they wanted. All the tips posted in the trading discussion board doesn't guarantee you profit. Trading is just as risky as gambling at most times.
You don't have to leave your positions open when you sleep besides you can use the software offered by exchanges to allow you to set limits before going to bed so if the price drops too low you sell before getting catastrophic losses.
Its really help that you can set your limit but setting your limit like in bitcoin if you set the price below the present price i think it is not a good idea better to set your limit if the price is getting high.. for me i just set buying if the price is low than limiting it to sell them..
2211  Economy / Economics / Re: Tell me your predictions about Bitcoin on: January 06, 2017, 05:17:47 PM
Bitcoin will be popular for a very long time ,but it will not be a glocal currency and usd other currencies will not be banned because of bitcoins .i think the main reason for it is the limitations in bitcoins .thank you.
yes that may be a problem, and that is the reason that the price of bitcoin is expected to go so high, because people are entering in the field of bitcoin. and they are even investing huge amount in bitcoin.

 
Yes, many is getting into bitcoin nowadays, there were first timers in bitcoin but then big whale already, investing your money in bitcoin is not bad, it is just that you need to be update in every move of bitcoin because it is now kinda roller coaster of price getting high and low.
Lets See where it goes from here onwards !!!
If you check the bitcoin wisdom more people are still selling their bitcoin instead of pushing it back to the 1k value and i think this time we will hardly to get $1k value again i just notice they are setting the price at $911 and sell after above that price i just analyze it with my own analysis in bitcoinwisdom.
2212  Economy / Economics / Re: How many Bitcoin do you have saved? on: January 06, 2017, 04:37:33 PM
Many people here i think are saving lots of bitcoin but for me i have only few bitcoins left in my bitcoin wallet because i am paying for monthly bills for electricity and internet.. well bitcoin is really help to decrease my expenses from my salary..
I hope that i can earn more after my blogging and internet marketting can gives me more earnings i can save more in bitcoin..
2213  Economy / Trading Discussion / Re: I want to learn on: January 06, 2017, 04:35:16 PM
I want to learn how to do binary trades on SecondsTrade. Is it really possible to make high profit easily?
Or it's very risk and dangerous?
Binary trading is very risk and dangerous instead doing binary trading I would recommend gambling over binary trading because while doing binary trading you will take just head ache but while playing gambling games you will entertain yourself and if you lose your money at last you can say your self that it was gambling though you lost money but you enjoyed games.   
They are almost the same that you are gamble.. much better to go in real trading which is trading in yobit..
invest in good altcoin that you can monitor the price fluctuate buy low and sell high. you can make a good and high profit and less risk than binary or gambling..
2214  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is not supported in some countries? on: January 06, 2017, 04:30:36 PM
Governments fear bitcoin as they face huge loss in tax revenues. They also suffer loss in transaction fees due to transactions done through bitcoins. They think that illegal money is easily sent to their countries from abroad through bitcoins.

Agree! It is all about that government thinking that bitcoin well i could really say that bitcoin is used in the illegal activities because we all know that it is anonymous and it is very fast and just a minute then youll recieved the payment! It is being used in deep web to buy some drugs and other illegal activities! Thats really the reason why government will not support bitcoin
Illegal transaction and Tax evation is the main cause why most government would not like to support bitcoin and thats why they decide to ban it no matter what because of these two things and they really blocking the bitcoins adoption because they are seeing the negative side of bitcoin.
I think many reason why they are not supporting bitcoin in some countries. i am lucky that i am the place that bitcoin is not ban in my country..
And i think the other reason bitcoin is still not officially accepting in local and there is no customers protection only you or us can protect our wallet..
Unlike paypal that they are giving charge back protection if they are not receive product according to their deals..
2215  Economy / Speculation / Re: Bitcoin just dropped to under 900$ and it keeps going down on: January 06, 2017, 04:11:49 PM
The price right now honestly is increasing back and i think the price will increase back abouve $1k value and the price drop this few hours ago is just a normal price drop that already happen by last year the movement of the price is just like the last year movement that after new year the price was drop.. but if the price will increase back above $1k value and i think this is a new movement of the price..
2216  Other / Off-topic / Re: Who controls the Bitcoins? on: January 06, 2017, 04:09:46 PM
It's a good question who controls the bitcoin. I think a group of dev controls it. Because for bitcoin, there are some private keys (for checkpoint and alert) that if one has it, he will be able to propagate his own blocks into the network. I think a few people hold the private keys there.
bitcoin is not under the control of a single person or group, because they cannot hae access to all the bitcoins address and wallets that belong to a particular person. to me those people who are holding bitcoins are the real owner of bitcoin and they can control such amount of bitcoins.
Yeah i think we are the only who control bitcoin since if we are not investing and buying more bitcoin the price will not increase and bitcoin is decentralized even china has a largest bitcoin farm they are just holding a large number of bitcoin but we are not centralized..
2217  Bitcoin / Bitcoin Discussion / Re: Today's investors do not care about Bitcoin on: January 06, 2017, 03:59:51 PM
Investors is always caring about their money that i think they are care about bitcoin since the price of bitcoin hit above $1k value and now the price of bitcoin drop but i think they are already exchange their bitcoin so that they can buy bitcoins again back because there s a new spike and the price is increase again back to 900 value and pushing back to 1k value.. so those investors area always care about bitcoin because of the fast movement of the price..
2218  Bitcoin / Bitcoin Discussion / Re: What do you think are the biggest disadvantages of Bitcoin? on: January 06, 2017, 03:57:03 PM
one of the biggest disadvantages bitcoin is that the longer the time of confirmation. we have to use large amounts of fee for faster delivery. This should be kept for the future we will be using bitcoin regularly.
Well i think this is not a biggest problem or disadvantage in bitcoin since we can control what speed we want and even we are paying high fee or above default fee for every transaction if we compare the payment fee into other payment process it is still advantage of bitcoin.. i think the big disadvantage with bitcoin many people are scam by bitcoin and many illegal users abusing the use of anonymity of bitcoin ..
2219  Other / Politics & Society / Re: How can terrorism be stopped on: January 05, 2017, 06:45:38 PM
Terrorism cannot be stopped. As long as there are victims of war and criminality and hatred spurs and develop itself then it becomes a juice for terrorism. When America for example bombards a country because they said many terrorist are dwelling there they did not just killed terrorist but also thousands of innocent people. This innocent people hungry for justice and revenge are perfect humans to become terrorist.

Terrorism occurs when terror is spread and experienced by people. So both parties the terrorist and allied nations both throws terror on both sides thus they are all terrorist, the producer of terror.

No to the above bolded.  Terrorism as we know it does not need a cause such as injustice.  Terrorism is a part of the Islam scheme for world domination.  Therefore if Islam exists, you will see terrorism without any cause except to promote the particular Islamic views of the terrorist.

I guess I have to agree with this, Terrorism is an actual tool for a major plot - world domination. Divide and conquer, if you may. By funding terrorism, people from one country will fight with one another, thus making it easier for terrorists to conquer the land.
I think there is other people who are controlling those terrorist i think connected from a government they are using terrorist for many illegal activities just like here in my country.. i thought that they have own beliefs but the truth they are just terrorist control by someone drug lord or any illegal.. that is why there is a part of place here in my country that no people can live there because of terrorist that i think almost all transaction drugs or illegal weapons from other country arrived..
2220  Economy / Trading Discussion / Re: How to make a successful Trade? on: January 05, 2017, 06:43:12 PM
Many points are here to make a successful trade, First you should have ability to do trading. I am talking about skills, if you have skills to know everything very quickly than definitely trading is easy for you. In bitcoin wise, always buy bitcoin in a low price, otherwise bitcoin can't give you profit. Secondly in altcoin trading, many other crypto currencies are here, only buy that coin, which you know that in coming time, it give you double price.   
yes skill and experience are the two important factors for becoming a good trader, although your luck also important for your success in trading but experience and skill in trading can increase the chance for becoming a good trader.

Luck is very optional when if comes to trading. As long as you have good skills at trading you will definitely earn profit from it.  Experience will always be your guide in trading. But luck, i don't think it is necessary to have it in trading. I would rather believe in gambling that luck is really needed.
I think luck is the only thing needed while trading lol, please can you tell me how you determine if a coin is good or bad ? I do not understand how skills help in choosing the coins while investing. What all knowledge can give is a idea of what price would be sell to sell your coins. Never can knowledge help in choosing a coin though.
I think both skill and luck are need if you are dumb while you are choosing an altcoin and you are just lucky i think it will still not work and you can be also win there.. we know trading has also risky but we can not say that skills is no help to chose what altcoin you need to invest..
That honestly are really needed if you have a skills like searching information about altcoin and about those developers if you have a skill to know their identity if they are real or fake.. so that you can decide what altcoin is best to choose.. also the other skills need are how to know what will be the next movement of the price analyzing just like other people watching the price for bitcoin in bitcoinwisdom..
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