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2341  Economy / Marketplace / Re: Have you ever bought a product with Bitcoin and what do you want to buy? on: September 20, 2018, 07:01:24 AM
Today, many people use Bitcoin for investment purposes. There are a lot of people who have paid with Bitcoin before, what do you think about this?

I’ve never bought any product with Bitcoin and neither have I thought of doing such. Whatever I want to buy I do so by using fiat or buying online through Amazon and paying the normal way. I have seen how Bitcoin works for a purchase, you copy the seller’s address and send money then wait for approval. Can’t really explain how it works, but I’m not interested. As for Bitcoin what I do with is trading and making profit, that’s all and nothing more.
2342  Economy / Marketplace / Re: Best types of crypto "real-world" transactions? on: September 20, 2018, 06:23:24 AM
I'm researching to see what types of "real-world" crypto transactions you would find most useful?
Venmo/Cash App type - Peer2Peer
Daily life spending (grocery stores, coffee, etc)
Paying bills
Etc...

I'm asking your thoughts on this Smiley
I’m not getting this, what do you mean by crypto real world transaction, is there anything as such? Real world transactions are like fiat.. That means a physical form transaction with cash.

But if you talk of online or digital form of transaction, then it has to do mobile transactions (mobile banking, PayPal, skrill,) and crypto transactions (Bitcoin, Ethereum etc.). So there is nothing like a crypto real world transaction, crypto is just crypto and nothing else.
2343  Economy / Economics / Re: stupidity is so close to poverty on: September 19, 2018, 12:31:36 PM
I also think so, that's why they are poverty. if people are not stupid they are definitely not poor because they know how to get money
Well there is no direct link of stupidity and poverty but of course a wise mind and a thinker can really find ways to escape the trap of poverty and this could be done by pointing out a pain point in the market and to put forward an idea that can solve the problem. This is one of the best and most desirable trait of entrepreneurs of the modern worlds who find shortcuts that minimize the cost and save time.
2344  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I need to double 4,000 USD in 2 weeks on: September 19, 2018, 11:51:34 AM
Yes, it is possible, but you need to be a really professional trader and know the market well. Plus, you need to understand the trends, as well as a good understanding of all ICO projects.
This is not possible in the current market because of the low prices that has actually reduced the economic activity in the crypto market. However, had the market been a green one, you would have achieved this target by investing in Bitcoin. It is only that coins which can do that. Also if you are expert in finding the right and genuine ICO with great projects, do invest otherwise keep away form investing in fake icos.
2345  Economy / Economics / Re: Germany recognized the bitcoin on: September 19, 2018, 11:17:36 AM
I really doubt that they government would be interested in creating their own cryptocurrency. It is still to early for that but recognizing Bitcoin as a payment method is a huge step forward. I can't wait to see more shops in Germany accepting Bitcoin. They know that they can earn a lot of money thanks to crypto.
It is a great achievement made by Germany as they adopt the Bitcoin not only as an investment source but they have accept it as a mode of payment. Now people living in Germany will enjoy this fastest mode of payment within seconds they will make the payment processes without any late. Furthermore it is indicating that Bitcoin is the success of all of us that is why it is spreading all over the world.
2346  Economy / Economics / Re: When will people feel comfortable using BTC ? on: September 19, 2018, 10:44:10 AM
People will start to use bitcoin when big named companies start to accept it, like the news about samsung on welcoming bitcoin as a payment for their transactions or when government told us to do so. In fact, there are people who feel comfortable using bitcoin as a money buying and selling stuffs online. Time will come that most of the people will use bitcoin as a regular currency, i hope so.
That is exactly right. AS long as your country does not have certain policies regarding a new system, that system cannot run in the country. In formulating the policies, the interest of both the users and the country are kept in mind so of course it will be more profitable if a new system is recognized by the government and the investors feel safe by investing their money. Besides, the government will also be able to charge a specific amount of tax on the users and it will improve the economy.
2347  Economy / Economics / Re: When will Apple accept bitcoins? on: September 18, 2018, 09:34:23 AM
When they really need to. But they'll fight it hard! Apple's business model is to lock everything down -- very closed indeed. This does not align with the goals of bitcoin, at least, how I perceive them.

tl;dr Apple = closed. BTC = open.
Apple doesn’t need to work with Bitcoin. What do they really have to do with it, makes no sense, there are other better things that they can focus on instead of cryptocurrencies. And if cryptocurrency would be good for their business I’m very sure that they would have gone into that a long time ago, because they are already aware do it. But they don’t work with it because it won’t work out well for them.
2348  Economy / Trading Discussion / Re: best coin for long term investing on: September 18, 2018, 07:47:09 AM
more coin have potential just you can do is chose the coin which has a cheapest price for even if you invest in small amount you can have more coin to get. and wait this to pump..
I normally do not agree with such statements that all the coins have potential to earn profit. I do believe it in the traditional market that way where almost all the assets have the ability of giving back the money as profit. Having said that, it is only advised to invest in the potential coins and even when the prices are down, Bitcoin and ETH are still the potential coins in the market with great technological setup.
2349  Economy / Trading Discussion / Re: Altcoin price based on bitcoin price? on: September 18, 2018, 06:57:11 AM
yes you are altcoin for now depending on the price of bitcoin, when the price movement of bitcoin has decreased then the price of altcoin will also fall and when the price of bitcoin is rising then the price of altcoin will also experience price increases.
This is not necessary and Altcoin are not stick with the Bitcoin but these have the same nature therefore when we have a lot of negativity in the market then we avoid to invest in this same nature coins. In this way the market value falls for both besides this there is nothing but the Bitcoin is a base currency and this produce same perception for other coins as well.
2350  Economy / Trading Discussion / Re: How I handle crypto regret on: September 18, 2018, 06:13:04 AM
Forget about it and do not think too much about those projects. In my opinion, do not think about the past, forget about what happened to us, so you will succeed.
Almost all the bad luck is actually as result of your mistakes and faults so you have to focus on where you did the mistake. If you learnt not to repeat your mistakes then everything will become fine for you and you will be on the way to get profit. Always buy in low market so that you will not face with any kind of loss later after buying it and it will be only profit when you sell in bull market.
Exactly, as each of us already learned on our mistakes. I definitely believe soon most of us here will recover since the market is still in chaos. We can't also deny the fact that we try our luck here, hoping to have a great amount of profit in the future.
This is why they call the learning a slow and steady process. It is the lessons you learn from the recurrent loss and profit and ultimately you are in a position when you can formulate a strategy that works for you in both short term and in long term which further depends on the type of crypto you are investing in as well. The ultimate purpose is to earn money and that can happen if you learn from every step in the business journey.
2351  Economy / Speculation / Re: Still think it can hit 20k !! be optimistic on: September 17, 2018, 06:36:03 AM
Yes, there is a huge possibility the price of Bitcoin can easily reach to more than $20k but in the current situation it is impossible to guess how long it is going to take but there is a huge prediction about the market in the month of the November and December.
Always be optimistic about the Bitcoin’s market price as it was in its worst conditions in the past several times and successfully passed in those difficult situations. So this time it is not in worst situations but the market is still low and we can recover its conditions again. Those who have investment in the Bitcoin as they bought it below 6k dollar are still in profit but as we know that Bitcoin will enrich us with huge profit and we must wait for it.
2352  Economy / Marketplace / Re: "Bitcoin mining is a Big no!" on: September 15, 2018, 06:48:51 AM
Ive met some group of financial adviser, they told me that the best way to aquire bitcoin is through cloud mining, they gave me names of trusted cloud mining providers and as of my research, they are well known and trusted.
Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?
I have never done cloud mining before but one of my friends was into Bitcoin mining and he never benefitted much from it due to the electricity cost, Bitcoin mining consumes lots of electricity. But I heard there are countries where you will benefit from it or maybe if you have your own light generator, don’t know for sure. I once checked out Genesis Cloud Mining seems like it might be good, but I already have a way making income, so no need for now.
2353  Economy / Marketplace / Re: Why Bitcoin Will Hit New Highs - ETF Date August 10th on: September 15, 2018, 06:09:02 AM
We have Bitcoin testing its bottom for the third time, Coinbase adding Custody, South Korea flipping for the 10th time allowing and regulating cryptocurrencies, and the $4 billion dollar EOS raise finally finishing its Ethereum dump on the marketplace. Bitcoin’s next run will go further and happen quicker than people realize.

In the news, we have Europe’s largest trader of exchange-traded funds is moving into crypto and the CBOE applying for a Bitcoin ETF again. August 10th is the date to watch for the approval or disapproval of the ETF. Even if it gets rejected like the other times, it will provide clarity as to what is needed to approve one.

We discuss the latest news and give our insights as a mix of traders from firms such as JP Morgan. Give the latest episode a listen!
Why are most of you fond of giving fake news here? 😒You just come here to say whatever you wish, how sure were you then that price will go up just because of a little thing that happened… Hmmm… now we’ve passed August and instead of price to rise as you have said it didn’t, rather it even dropped to $6000+. Very funny, if you don’t know what to say, please keep calm and watch than confusing everyone.
2354  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Exchange listing for new projects on: September 15, 2018, 05:31:24 AM
We have open the listing process for our platform launching by the end of September www.angobit.io

The listing process is very simple and accessible for new projects, don't miss out get in touch with our team.

hello@angobit.com


Best Regards
Angobit Team


I just visited the website and it has a nice interface. It’s still new though and it states that you guys has only 500+ customers. Well, that’s not the problem I just hope that it doesn’t turn out to be something else tomorrow, hope it continues to be something very good. I won’t trade now on it, I already have an exchange I trade with but if I see the feedbacks that others are giving about this one if it’s a good one I will then go for it.
2355  Economy / Economics / Re: Reason why other ban cryptocurrencies on: September 14, 2018, 07:01:58 AM
The entire world is scared by criptos... this is why they're banning us. But don't worry guys, just have patience.  They'll probably join us too Wink
Crypto is not a currency sent down the distance between earth and sky by aliens. No one is scared of the crypto but it is just the priority and countries prioritize the system that suits them the most. Almost all the countries use the paper money and they have policies built around this fiat system that might not work in the presence of another system like crypto currency which might create inefficiency. This is the only reason.
2356  Economy / Trading Discussion / Re: What are the Best Coins to Buy? on: September 14, 2018, 06:11:34 AM
It seems that you can buy everything - now almost everything has fallen very much. Bitcoin and more mature coins have the ability to quickly recover - probably worth taking the most popular (bitcoin, ether, neo, waves) they must recover quickly. I'm currently doing an analysis on ico projects - I choose the best ones in my opinion and go to the beginning of sales, the price is very good.
Best coins in the crypto world are many but we take few highly rated because we have to look into our ability of handling few coins at a time as we will find it difficult if we have more than three coins at a time then it will become difficult for us to handle. In the present time we have Bitcoin and Litecoin in its most favorable state for investment as we will use less resource for it to buy on low price.
2357  Economy / Economics / Re: Is wallet security important to use? on: September 14, 2018, 05:34:53 AM
I agree all of us need to be extra careful regarding in handling our wallet.We should make a back-up in order to secure our account and make sure all your private keys are backed-up.
If you have millions in your wallet or account and someone knows your password or you are logging in to your account in front of someone and he copied that then you are in trouble because he can access into your account and can simply cash out your millions. Now you have to take care of your privacy so that you will be safe and this is your security which is in your own hands.
2358  Economy / Economics / Re: Bitcoin's price is so volatile right now! Why should I even hold? on: September 14, 2018, 04:59:12 AM
because all investors piously believe that bitcoin will grow and will cost millions of dollars, so they keep
Bitcoin is volatile and this will reduce by buying more Bitcoin so that its demand rate increases or with increase in number of market participants the volatility will reduce as the liquidity increases. Now if we do not hold and decide to sell then the market value will fall again which means that the demand rate will decreases in the bear market and we may not cross this bear market ever.
2359  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Dump, Dump, DUmp, what is future? on: September 12, 2018, 08:28:54 AM
Bitcoin has gone through longer and worse bear market corrections in the past and has always come back stronger and made new highs. This time will be no different for bitcoin and most other cryptos.
Exactly. This is what I believe and this is something that keeps me alive in the crypto market. The fall in the market can be the result of many factors like the government intervention, inefficient policies, insecurity and it all does not mean that the technology has simply failed. Irrespective of the entire situation, I still prefer to invest the little I can to add more to my portfolio. I believe this will finally pay off in future.
2360  Economy / Trading Discussion / Re: How is trading *not* gambling? on: September 12, 2018, 07:49:05 AM
How different is trading from just gambling? I know there seems to be a  big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?
Gambling is an entertainment that can make the user addicted on it, its like you are giving your money without assurance. But in trading you can invest and earn profit but then you need gambling too there.
Gambling is quiet different from trading is very difficult to understand everything in gambling as it is totally luck dependent and also some of games need our experience as well in order to win. Gambling is a source of entertainment and to spend your time for a while in casino in order to refresh yourself with different kinds of funny games as well but trading is a professional way of making some money and is easy if you have knowledge of it.
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