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2361  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is the price of bitcoin so high on: April 25, 2018, 06:28:52 AM
At the time, Nakamoto established two important rules. First, the total number of Bitcoin worlds is only 21 million. The total number is limited. This logic corresponds to the logic of gold, which means that the entire global gold reserves are limited. It's so much so it can be used as a currency.
Second, gold was digging this thing. It was very easy to dig gold at first. In the past, we said that a bunch of gold miners in the western United States could start scouring gold in the sand by the river. Afterwards, it was more difficult to bomb the mountains. It used machinery, hired more people, and had mines. Afterwards, if the mountains were to be frightened, gold could not be found. It was becoming increasingly difficult to find gold.

Bitcoin is also the same. In the beginning, a block placed 50 bitcoins, and a block was released every ten minutes. After four years, bitcoin's algorithm automatically puts the number of bitcoins in each block. Halve, reduce it to 25. Every time, Bitcoin in each block is halved, and like gold, it's getting harder and harder to dig.

So you understand that the logical setting of Bitcoin is exactly the same as that of gold.

So, you can think of bitcoin as digital gold.

Cash, gold, and digital gold all have a natural characteristic of being anonymous.
Why the price of  bitcoin is so high, i think it is because of the demands of bitcoin. The demand is so high while the supply is so limited. That's the main reason why bitcoin price is so high compare to other altcoins. If people continue to demand bitcoin, then the result is bitcoin price will continue growing.
2362  Alternate cryptocurrencies / Altcoin Discussion / Re: Facebook against bitcoin? on: April 25, 2018, 05:37:37 AM
Facebook recently received a lot of questions because of privacy issues. Everyone is worried that they will be exposed to their privacy. This is a very strange moment. Although Facebook has banned digital currency advertising, if it wants to get rid of the current situation, I am afraid that Only use encrypted digital technology to restore confidence.
This must be because facebook wants to protect the people from different scam projects that they might get into or might be in. But I guess it is depends, if everyone who's in facebook world can read or analyze the content of the project, they will understand if its a scam or not. They can possibly avoid scam.
2363  Alternate cryptocurrencies / Altcoin Discussion / Re: Why are there so many assholes in ICO industry? on: April 24, 2018, 01:43:11 PM
Wherever money turns, there is an ass. And such a fertile soil as crypto currency is very good for this! Therefore, one should not be surprised. I think that while the ending of this is not yet visible. On the contrary, even everything will develop even more and we will see many more fraudulent projects and deceived people!
In my own view, it is because everyone wants to have some free money. Who wouldn't? Lol. But I think before selecting ICO we need to do a good research for us to be aware and for us to know all the facts and not to get tricked by those assholes. We all know that money can turn a normal person into an assholes. Poor morality.
2364  Other / Archival / Re: Why I Am Positive About Regulations on: April 24, 2018, 11:10:03 AM
For a long term vision to sustain this cryptocurrency market there should be a regulation applied to designated categories of cryptocurrencies like for tax regulation, proper identity of the investor and the project team. Regulation brings a positive outcome of cryptocurrency investment don't think about the negative issues about the government even millionaires from a legitimate businesses had follow regulations too then why is it hard for us to follow the millionaires good governance if we want to follow the footstep of being a millionaires someday in this crypto world.
In my own perspective, I am positive with those regulations. But we can't deny the fact that the cryptocurrency existed without regulations or laws. I think it seems like the government see that people can be a millionaire or has a potential to be a millionaire so that they implemented regulations and it's a good and a safe way for us who are in this.
2365  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Long term vs. Short term on: April 23, 2018, 04:07:00 PM
How are you handling your portfolio? How much are risking in % of your portfolio in short term gain vs. Long term gain?

For me in this situation i will pick long term investment, i know that there is a high risk in long term investment because, maybe it will loose it's value. And best to hold are bitcoin and ethereum in long term investment. High risk in long term investment, while in short term i will say that it less risk and you will gain profit, but only small profit depends on how much that you'd invest.
"Patience is a virtue" So I must choose the long term investment because the good thing about investing in a long term. You buy bulk coins while it's cheaper and wait while keeping it, until it will become more valuable. Yes, in picking the long term you taking a risk at the  same time because it's like going on a journey without knowing what destination you're going at.
2366  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you truly believe in cryptocurrency on: April 23, 2018, 03:02:00 PM
I believe the technology behind cryptocurrency is very usefull for many kind of industry, and cryptocurrency will continue growing even many bad news. but this technology still young and need more in development. Hodl is best way to get profit in long term, but in my opinion this is too long waiting and to maximize the profit spend times for long term trading to maximize the profit.
I truly believe in cryptocurrency, because i believe that many people have grown rich or become richer on crypto-currencies. But newbie or beginners go into bitcoin whether we like it or not. Things such as cryptocurrency takes time for a complete transition but then you just need to wait and wait. It will grow even more, in a right time.
2367  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Where do you find your news? on: April 23, 2018, 02:01:12 PM
Today there are a lot of information sources. But my three main information sources are this forum,reddit and twitter. Telegram can be pretty useful as well I guess but I don't use it much.

I read the news from 5 major sources. They're all good to get informed about latest market news and project news for me actually.

1. Twitter
2. Cointelegraph, Coindesk etc.
3. Telegram groups
4. Official websites of the projects
5. ICO rating websites
Where do you find your news? There are so many sources. For example: Twitter, facebooks, this forum and others that provide and promote news about your coin as well as the new ones. Here investigate bitcointalk you can get great news but then, you have to make sure to analyze all the news you've got from other websites to know what is legitimate.
2368  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO is the best way to invest? on: April 23, 2018, 12:56:47 PM
if you are really sure of the coin, yes investing in their ICO is best, but majority of ICO coins falls in price every after listed in an exchange so that would be another good chance to invest.
ICO is the best way to investment, And yes it is rightfully one of the best  way to invest. But one thing is needed, we must be very careful on the selection of coins. We should make our research of the specific coin we are going to buy. And if you already made a research and if the coin is very good, then buy it. Because with that, we can gain more profit.
2369  Alternate cryptocurrencies / Altcoin Discussion / Re: I do not believe ico anymore on: April 23, 2018, 11:28:24 AM
I would suggest you always choose ico from checking their rate in ico rating or any ico checker, you'll see the rate if its have a high or low risk and other rating stuffs. In this time when scammers are everywhere, it's hard to trust easily so better be cautious or if you really wanna stay away from ico, just buy their tokens when it gets listed and it's more cheaper than ever.
In this times when scammers are anywhere and everywhere. If you are to invest some in ICO you must check the background first. Don't risk, because nowadays you shouldn't be trust anyone easily.  I think the reason why you don't believe ICO anymore is because you invest in some ICO without checking the background first.
2370  Alternate cryptocurrencies / Speculation (Altcoins) / Re: hold or sale what is opinion ? on: April 19, 2018, 01:30:32 PM
Should we hold on to altcoins which we have invested and see the price dropping every moment or it will be better to sell them or hold.

The current market is showing good signs; I think it is possible that in future virtual currencies are more widely known and accepted, I do not understand why many countries prohibit virtual currency such as bitcoin in the market. If they keep the money banned by the government, I think they should sell to invest in other currencies.
For me, this month like mid year it is difficult to sell the coins. Why , becayse this month is like an thug of war. The price is fluctuating fast. But we know that in the end the price are always end up to rising up. It is depend on the day, or month what is a good holding and a good selling. But if this month i prefer hold
2371  Alternate cryptocurrencies / Altcoin Discussion / Re: Why altcoin is better than bitcoin? on: April 19, 2018, 12:50:32 PM
Technically speaking you are right. Almost every altcoin is technologically better than Bitcoin. Ethereum has smart contracts feature; Zcash, Monero, Verge, Bitcoin Diamond have better security options for anonymous transactions; Wanchain and Fusion will have interoperability with different blockchains. However, Bitcoin was number one in this industry, that is why it will retain the function of "digital Gold".
In my opinion, this statement are wrong. Why we could say alternative coins is better than bitcoin when it called it alternative. Alternative means alternate only. Or in short just a second options the bitcoin is the father of cryptocurrency and I don't see any reqson that the alternative coins are better than the bitcoin
2372  Alternate cryptocurrencies / Speculation (Altcoins) / Re: can eth reach over 700 on: April 19, 2018, 04:19:42 AM
Now that the market is recovering, we need more patience.I believe Ethereum will exceed $1420 in the future. Let's wait and see!
The ethereum are known as most stable coins in the world of cryptocurrency.and now the price of the bitcoin is in the 500$ and it is good for now. If it will continue to rise up there's a possibility that the ethereum reach the price up to the 700$ before this year end.i hope it will continue to rise up
2373  Alternate cryptocurrencies / Altcoin Discussion / Re: except for bitcoin,what is your prefer? on: April 18, 2018, 03:19:15 PM
If, somewhere, it is forbidden by the BTC it will be very bad for the crypto of the world, but I think it will never happen. If you forbid BTC, then all the coins will fall down and that's for sure, but I think BTC will eventually be able to replace some other coin. I think ETH will be a good coin master if you forbid BTC.
Bwhen we heard about bitcoin , i know many of us want have this because we know that the bitcoin have many benefit. But if we think there's no bitcoin and only alternative coins, i prefer to choose the ethereum, this coins are more affordable and more stable compare to the bitcoin. It have many investor too. It is good for long term invesment
2374  Alternate cryptocurrencies / Altcoin Discussion / Re: Patience is the key on: April 18, 2018, 02:06:43 PM
Patience very important for every one.i see many people losses their invest and losses in trading just for trade.crypto currency very difficult .if you want success  in crypto and every work you need Patience  and experience.so believe your self and keep  Patience.you will be must successful.
I believe in the saying that if you'll wait it is worth and others say that patience is a virtue. So in the first sayong we need to become patience because it is really worth if you hold that things you get it worthy.about the second saying, patience is a virtue it is mean that if you have a patience good result or good output will come
2375  Alternate cryptocurrencies / Altcoin Discussion / Re: Can any other crypto replace bitcoin? on: April 18, 2018, 01:24:31 PM
I really want to talk about ada, but it seems to be perfect, and it feels like there are no disadvantages, so people do not feel relieved. So still optimistic about the ether, it is constantly improving itself, and the community is very strong.
As of now, it's hate to admit but there's no ine can replace the bitcoin now. All alternative coins are only depending in the bitcoin so i think it is difficult to replace any alternative coins. But the lower chances,but still have a achances to replace is the ethereum for me. It is stable and affordble price
2376  Bitcoin / Bitcoin Discussion / Re: How Bitcoin is better than other coins? on: April 18, 2018, 09:07:51 AM
I do not think Bitcoin is better than all of the Altcoin because I find Bitcoin's development technology has been around for a long time, with outdated technology, slow pace, and long delays. Bitcoin is better than any other Altcoin because it is a convention of all investors and they push Bitcoin prices to make it the default Altcoin the best crypto market.
Bitcoin is the most trusted digital currency among th all. I i the it. That's why many investors until now used it and more newcomers want to invest it.in terms of the price it is the very expensivr. Normally the user of the bitcoin is called rivh because of it's afford to buy bitciin in high price. Bitcoin is number one
2377  Bitcoin / Bitcoin Discussion / Re: How are your governments reacting to Bitcoin? on: April 18, 2018, 04:46:24 AM
It seems to me that legalizing or banning bitcoin is of no interest for our government. Have never heard from them stating any about bitcoin. It's in Myanmar.
Well in my country they support the bitcoin. The government and banks give support in the digital currencies because they see the benefits of this. But still they gave warning because we know that there are many scammers now. And in my country there's an application in mobile that you can convert the bitcoin and ethereum into my country monry
2378  Bitcoin / Bitcoin Discussion / Re: Crime funded by bitcoin on: April 17, 2018, 11:52:36 AM
Since Bitcoin was ever released, I've thought of the possibility of this. Will crimes be easily funded now due to bitcoin and it's anonymity? How do you think the authorities will combat this? Will this lead to a decline in the price of bitcoin? I've had this on my mind for a while now and I would like to hear your guys opinions.

It'll definitely be easier for criminals to do their dark deeds because of how easy it is to get bitcoins and how easy it is to use bitcoins. With its anonymity, they'll get away with most crimes including money laundering. Bitcoins have become dark due to criminals.
Well, its sad so say that it is true. Bitcoin is use for crime activities by bad people.actually the common case is called scamming. This activities steal money to others in illegal way. But in the worst case bitcoin sometimes used in killing people, hired a killer. Maybe you know what i said if you heard about the deepweb.
2379  Bitcoin / Bitcoin Discussion / Re: Bitcoin Advertising on: April 17, 2018, 11:02:05 AM
Do we need to Advertise Bitcoin in Television Programs Like all other products showing there Advertises. As most of the countries trying to ban Bitcoin I think it will help all of us the more people will know about Bitcoin and its merits and demerits. So may Government think twice before banning.

Actually it is legitimate only for those who have knowledge about the meaning of ways and their use that can be absorbed by the community when bitcoin already advertised on television, of course there is also permission in every ad circulating from the television and it was not an easy thing, of course much to do ..

Yeah it is good thqt the bitcoin is advertise in television because wocial media has a high role to know the bitcoin by many more people. Not all can know about the bitcoin because it is pnly for internet so if we advertise it in the television and give it the advantage and disadvantage and the benefits i think more investor will come
2380  Bitcoin / Bitcoin Discussion / Re: Btc good experience for young people on: April 17, 2018, 10:11:13 AM
yes I really agree with you bitcoin is a good experience for the young. youth now have many opportunities and time to work with bitcoin. from since teenagers they already have internet access if they are good youth then will use the internet to learn bitcoin. very good if since young learn about bitcoin invetation.
I am confident to say that it is true it is a good experience for young people to involve in bitcoin because in this kind of industry, they learn about the word of patience and timing in this, also they learn to decide and think carefully in every move. This traits need in the investing of bitcoin. So if they learn this thing it is a food experience to them
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