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241  Alternate cryptocurrencies / Speculation (Altcoins) / Re: its over , Goldman Sachs says so... on: August 09, 2018, 02:45:53 AM
This is just speculations that confuse the minds of the people. It's not yet over, it is just the market  got dump but not over. They are giving bad information about bitcoin because they don't give value on it.
242  Economy / Economics / Re: Why all people moan about the price of bitcoin? on: July 30, 2018, 01:06:28 PM
The reason why they are moaning about the price of bitcoin are those coward to take the risk.They are afraid to lose the coins and thinking negatively about the market price. Though we all know that bitcoin's  price is not permanent but it has a place to pump up!
243  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin in August? on: July 30, 2018, 08:46:21 AM
It is no longer news that Bitcoin went below 6k recently and all hell was let loosed but generally the coin remained within the 6k threshold. We are almost half of July and nothing drastic has happened as per the price of Bitcoin. Do we expect to see a serious upward trend beyond the current price in August?
Just look forward for positive market. If expectation will not meet our means then be it. Don't think it's the end for it is just the beginning.
244  Economy / Economics / Re: Blockchain will help Economy. on: July 30, 2018, 07:44:44 AM
Blockchain was imagined as an approach to guarantee the dependability of the digital currency Bitcoin. It is a genuinely basic idea, an advanced record that record all exchanges that happen inside its framework, much like any firm or individual monitors their funds. The distinction is that the record is freely accessible to all individuals in the framework, making it difficult to adjust records without being recognized. This implies individuals can assume that money related records are totally exact without relying on a reliable outsider like a bank, a legislature or an application to affirm it.
This has expansive ramifications crosswise over numerous businesses. Not exclusively will it cut expenses and enhance proficiency by evacuating outsiders, it additionally considers far more noteworthy adaptability by giving exchanges which are an unchangeable reality, which can encourage the sharing of accounts. For instance, blockchain can enable companions to share protection, or neighbors to have a similar vitality contract and guarantee that everybody pays for precisely what they utilize.
Yes through the adoption of blockchain technology theirs distinction for any transaction. Work must be more easier for it is monitor online. Their is transparency if government would use this kind of technology there would not be corruption.
245  Bitcoin / Bitcoin Discussion / Re: Why did the government want to kill Bitcoin? on: July 30, 2018, 06:41:11 AM
Government want to kill or ban bitcoin because they cannot control it. They cannot easily investigate any transactions for its anonymous to anyone. They are afraid because it could use for money laundering and illegal transactions.
246  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Should I cash out and take the loss? on: July 30, 2018, 02:29:38 AM
Do not make decision that will regret you at the end. If you're not in financial crisis better hold coins because  market is not permanent. Just have more patience for bitcoin.
247  Economy / Marketplace / Re: Bitcoin - a financial pyramid: true or myth? on: July 30, 2018, 01:29:02 AM
In my opinion, its not a financial pyramid. It is a financial asset an innovative kind of payment network form of electronic cash. It cannot be a pyramid because transactions is peer -to-peer.
248  Alternate cryptocurrencies / Altcoin Discussion / Re: Learn from your mistakes on: July 30, 2018, 12:53:59 AM
Every mistake has its lessons. When you make a mistake, there are three things you should do: admit it, learn from it and do not repeat it.
Ever since i had been in this space, i have only been used to bitcoin, ethereum, NEO, waves, tokens that use their platform and some other very common coins, but just this week was my first time of transacting fully on XLM platform.
I got a token that uses the platform of Stellar (XLM) and i was able to trade the token into XLM on their decentralized exchange.
My mistake came in when i was about to transfer the XLM, to be traded into BTC on another exchange.
I thought the process of transfer would be the one i had been used to, not knowing that i was supposed to include a "MEMO".
I eventually transferred it, waited for hour, but found nothing.
I was bothered.
It was in that process i got to know that memo was to be included. That was my mistake.
I admitted i had made the mistake.
The lesson i learnt is to always study every thing first (both new and old, because old things can still change), before jumping into it.
This mistake i have made up my mind to never repeat again.

I AM SHARING THIS FOR YOU TO LEARN FROM MY MISTAKES AND FROM YOURS.

Thanks for your audience.
Everybody has its own flaws that made us to be a better person. A person to be responsible in dealing any problems in life. Like involving in cryprocurrency, we need to discover how to deal it to gain profit. Just accept whatever failure that we experience in the volatility of the market for it will lead us to success!
249  Economy / Marketplace / Re: issues on the internet on: July 29, 2018, 11:00:13 PM
do you think positive and negative issues about cryptocurency on the internet will affect the rise and fall of the price of cryptocurency. therefore I have an opinion, what if we make a positive issue about cryptocurency that may make or affect the rise and fall of the market price of cryptocurency and here we are in a very big community, isn't that likely to affect globally ?
and how do you think about it ?, I want to see opinions from your side of perspective
 Thank you for your concern
In my opinion, media has greatly influence the minds of the people. We can help cryptocurrecny in promoting positive market by telling our own experiences. Let us share it to them for development of the cryptocurrency.
250  Bitcoin / Bitcoin Discussion / Re: More Regulations For Cryptocurrency? on: July 29, 2018, 12:15:21 PM
Hello, would love to get your opinion on this topic. Do you think there would be more regulations regarding cryptocurrency by the Government? Both now and the future? Let’s say bitcoin price rises to $100,000 per bitcoin, Do you think the government would actually let it be and function on its own without constant regulations? Well, personally I think we would see more regulations from the government down the line to a 1 Trillion Dollars total market cap and above. But I’m positive such regulations won’t hamper on the further growth and advancement of cryptocurrency. So tell me, what do you think?
In my opinion, regulation for the better development of bitcoin as well as for the people being part of it. If it is good for the country and for the people then lets make it for the better future.
251  Bitcoin / Bitcoin Discussion / Re: There are many negative issues about bitcoin, what's the matter? on: July 29, 2018, 04:19:13 AM
Yes bitcoin's market is volatile but it has something to do with our patience. If you are strong enough to deal with the volatility then you believe what bitcoin is. With bitcoin transactions are made easier and faster. It helps a lot of people that's why don't believe on the negative news of it.
252  Economy / Speculation / Re: Bitcoin price resilience on: July 29, 2018, 03:10:18 AM
Yes it is, for the price is resilience that's why we must keep on believing on it. Though there are negative news about bitcoin but it is in our selves how bitcoin inspires many people.
253  Bitcoin / Bitcoin Discussion / Re: BITCOIN = FUTURE on: July 29, 2018, 02:33:07 AM
We have more way to go for Bitcoin which mean to look for the future. Our technology keeps on advancing so bitcoin looks forward for the future and we will look up to. Soar high for  bitcoins demand keeps increasing!
254  Economy / Economics / Re: Government regulation on cryptocurrency, GOOD or BAD? on: July 28, 2018, 01:30:12 PM
I came to a realization that government had stepped in already in some countries who are accepted and acknowledge cryptocurrency existence. In fact they made a regulations that has made some negative and positve reactions over the implementation of cryptocurrency regulations like doing KYC (Knoy Your Client) on local exchanges, Registering ICO projects to the government agency concerns and etc which purpose is to prevent illegal or abuse in the use of cryptocurrency from money laundering, funding terrorist groups and etc. Well can you say about this regulations, GOOD or BAD?
In my opinion, theirs advantages and disadvantages with regards for regulating bitcoin. If the government would regulate bitcoin then its for the benefits our country for the taxes would proceed to the improvement of one's nation. Bitcoin will no longer used for money laundering and illegal transactions for its govern and control by the government. The disadvantage is that transactions may not be easier for it needs some consent or authority.
255  Economy / Economics / Re: do you know about improper use of bitcoin? on: July 28, 2018, 06:40:49 AM
Improper use of bitcoin can be ascribed to criminal activities, cyber theft and attacks and other such hideous things. Because there is no identification of the buyer or seller other than there wallet adress, it is very popular among criminal minded cyber-active peoples to get away with it. Same is the case for cyber security threats and different kinds of ransomwares. Recently in the ransomware attack, the money asked was to be given in forms of butcoins only.
Yes, i do agree on your statement. It is improper used by the criminals due to its anonymous transactions. It must have addressed in order for the reputation of its proper usage.
256  Economy / Economics / Re: How does a Bitcoin have any value? on: July 26, 2018, 12:30:12 PM
Bitcoins do not have value as a physical commodity like gold and are not widely accepted as legal tender like dollars.

 Rather, Bitcoin appears to have value for the following reasons: It is popular.

In short, people accept and trade in Bitcoin because other people accept and trade in Bitcoin.
Anything in this world has its own value and it depends on how we are going to value it. Like Bitcoin its valued because it has given to people a job and earn profit. It gives easy transactions because of its decentralized market.
257  Economy / Economics / Re: Why lot of countries do not allow to use Crpto? on: July 26, 2018, 07:32:45 AM
Lot of countries do not allow to use crypto currencies and they discourage using them. However as far as I feel, trading with crypto is not that harmful for the economy of the country. As an example, if a person has Eth and someone from another country needs to buy Eth, that buyer needs to pay the seller in terms of dollars. Then that seller needs to convert that Dollars to his native currency which means it creates a the demand for the native currency and increase the value of the currency. May be the government is unable to add a tax on such transactions but it is beneficial for the currency used in seller's country.
What do you think about that?
I think those countries do not allow to use cryto it is because it;s not regulated by them. Cryto currency is decentralized it is not regulated by any authority from the government. They think its illegal for its anonymous to anyone.
258  Alternate cryptocurrencies / Speculation (Altcoins) / Re: sell bitcoin to buy fiat or altcoin? on: July 26, 2018, 06:18:31 AM
We all always seek profits in cryptocurrency trading, if the price of bitcoin soars, will you sell it to buy fiat or altcoin? If you buy altcoin, what is the altcoin that you will buy?
In my opinion i'll buy for the ETH it said to be the second coin in the crypto market. It is cheap that anyone could afford for investment in a long term.
259  Economy / Economics / Re: Bitcoin is back! on: July 26, 2018, 03:00:40 AM
we must be happy for the good pump for bitcoin today and looking forward for another pump. We must just be ready everyday because we don't how far it will goes up!
260  Economy / Trading Discussion / Re: How I handle crypto regret on: July 26, 2018, 01:28:12 AM
Regret is an inevitable state of mind in crypto at one point or another:-

why didn't I buy that coin when it was $0.50?
why did I sell this coin early?
why didn't I take profits on the way up, only to see the value fall 50% in a market crash? (a lot of us in the last crash!)
why didn't I buy the dip?
why did I FOMO and buy at the ATH and now I'm holding an unrealised loss?
why didn't I buy more of this coin?
We're all going to make "mistakes" that lead to a feeling of regret and self-admonishment.

I have a couple of strategies here to help me dampen the feeling of regret.

1. I have to realise that regret is largely based on a "maximalist"/perfectionist mindset, which is both unrealistic and unhealthy. We are attached to the notion of maximising profits. But what would that involve? It would involve being the perfect, machine-like investor. Always buying low, selling at an ATH, taking profits at the perfect time. It's an impossible standard to live up to.

If I make a profit, I compare my profits to the stock market. If you do THAT, realise you're likely "killing it" even with a "modest" 100% gain (it's ridiculous even to put "modest" here). If you can make a 10% gain a YEAR in the stock market, that's considered a success.

Also realise that the maximalist attitude is largely shaped around only hearing one side of the story of other people's trades. People boast when they're winning, and they're quiet when they're losing. Therefore, you can start to think that everyone's doing incredibly well.

2. I can only compare myself to the other me who didn't get into cryptos at all. That's your baseline to compare to. There really is no other baseline. It's damaging and outright delusional to compare yourself to the "perfect you" that always bought at the exact bottom and sold at the exact top. That you does not exist. It's a damaging fantasy that always leads to you beating yourself up about not making the most optimal decision at each and every turn. Cryptos can quickly lose its fun if you think along those lines.

Are you in profit (as in cashed out your initial investment + profits in fiat)? Then you're winning - you're doing better than the other you that didn't bother with cryptos. Congratulations. You should extinguish any regret, and actually feel contentment at your achievement. Forget the "what ifs?" - you made a decision that has made you better off financially and you've learned a fair amount along the way.

Are you holding an unrealised loss? Then know that it's unrealised and while that can be stressful, you're doing well to hold on and you can be proud that you haven't sold yet. It won't fix the regret so easily, but you have the hope your unrealised loss can turn into a realised profit.

Are you actually making a realised loss in cryptos? Of course, this is the hardest situation of all. All you can do is see it as a lesson you paid for. Nothing is without value, and you will have learned something along the way. You gave something a try, and financially it didn't work out. You may not be out of the game, so you could be in profit in a few days or weeks' time. Or maybe you've just had enough. Fair play. Know that you're actually in a big group of people. Lots of people have faced your situation and come out the other side OK. I lost a fair amount of money in Forex a few years ago. I felt crap for a while, then I stopped feeling crap. Luckily, life moves on. Actually, without that experience with Forex, I doubt I would have found any interest in cryptos - and I have profited from cryptos much more than my Forex losses - so there is that. Plus, cryptos are a LOT more fun than Forex.

I know that everything above is purely based on financial regret, and the counterargument is that "there's more to cryptos than just making a profit" - but when it comes to regret, it's almost always about money.
For me, how will i handle it. It is just a matter of accepting failure that molds us to be strong and be more wiser in dealing things in the crypto world. Embrace the volatility and the risky market for it makes us successful investor.
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