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2421  Economy / Trading Discussion / Re: Where to learn how to trade on: November 26, 2017, 10:55:14 AM
Actually, you can ask any members here that aren't too busy to answer questions. That's how I got into trading because someone advised me on what to do. Also, you need to consider the fact that you need to learn some trading books and apply the principles you've learned there in bitcoin trading.
2422  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Vs Bitcoin Cash on: November 26, 2017, 10:35:16 AM
What do you think of Bitcoin Cash?
Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?


Bitcoin cash should have the same value as bitcoin, otherwise they will be two different things. I'm also against bitcoin having physical form, because it's being only accessible through the use of internet is what sets it apart from cash. Besides a system like this is good for innovation rather than implementing to bitcoin the current system that we have now.
2423  Bitcoin / Bitcoin Discussion / Re: Difference between Bitcoin and real money? on: November 26, 2017, 10:19:56 AM
I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?

If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?


I think there's a lot of difference between money and bitcoin. For starters, money cannot be mined unlike bitcoin, right? Also, we cannot trade money for another money, and even if we do, the increase would not be the same as trading bitcoin. I think there are more but it will be too many to mention.
2424  Other / Politics & Society / Re: What is the Meaning of Sin? on: November 26, 2017, 10:04:51 AM
Somebody Say if we commit sin we will be also belong to the the Wrath of GOD and we will not be having eternal Life?

For me, the meaning of sin is simple. That is doing bad or causing someone or something bad. The very simplest thing of thinking bad is also considered a sin. It is true that eliminating sin in mankind is a difficult thing to do, that's because no one is created perfect. So, we need to embrace our sin and fight it as well at the same time.
2425  Economy / Economics / Re: Can bitcoin improve the economy of a country? on: November 26, 2017, 09:35:16 AM

Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?

I believe so. Once bitcoin has been withdrawn to regular cash the people in that specific country start using that money, and that money goes to anywhere the person buys within that country, thus increasing the rate in that country's economy. It can absolutely happen without legalizing bitcoin.
2426  Other / Politics & Society / Re: Is the main goal of human is happiness? on: November 26, 2017, 09:09:07 AM
for me its a yes! the main goal of human is happiness whatever human wanted to reach it towards to his/her happiness.
For example why do people want to work? because they want a better life, and if they reach better life they also reach their happiness.

So for you what is the main goal of human?

I think so. I mean most of us work for a living because we want money right? The money that we can give to our love one or even spend it for ourselves can make us happy. This is the goal of mankind to be happy. But, the thing is most of everything these days have a price, that's why we need money.
2427  Economy / Trading Discussion / Re: Fixed income with BTC trading? on: November 26, 2017, 08:54:02 AM

I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?

I think so. If we focus more on trading then there's a possibility that it could be our main source of income. My only advice to anyone who'll do this is to never ever forget to leave some money for yourself, you don't want to end up selling at a low price. Remember that an effective trade should have a high value.
2428  Economy / Economics / Re: Can Bitcoin End World Poverty? on: November 26, 2017, 08:39:03 AM

Definitely yes. Right now, bitcoin and the other crypto currencies are helping people earn money at the easiest of ways. Most of the people nowadays find it really difficult to find stable jobs that offer good salary, one factor is also the requirements that is demanded by those companies. Good thing we have bitcoin.
2429  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin Die Because of China? on: November 26, 2017, 08:22:38 AM


I guess the best answer to that question is of course a BIG NO! Granted, China is a big contributor for the rise and adoption of Bitcoin and they are primarily the country involved with Bitcoin mining due to very cheap electricity cost.

Now, the Chinese government has its own agenda and I think in the long run Bitcoin can be running against those agenda so they are now thinking of slowly disengaging and disconnecting their citizens away from the cryptocurrency platform.

I know that whatever China will decide on the impact can be heavy on the market and this is shown with the recent decision banning the ICO projects and the unconfirmed total ban of Bitcoin exchanges though it is still a rumor and nobody would want to confirm.

Can cryptocurrency still go on and have a very optimistic future even without China as part of the equation?

I highly doubt that bitcoin will just die because of China. It is true that the population in that country is quite enormous, thereby increasing the probability of bitcoin users. Still, there are a lot of countries which are big such as Russia and the US, so there are still a lot of people that are potential users of bitcoin.
2430  Bitcoin / Bitcoin Discussion / Re: Should I Wait or Invest On Bitcoin? on: November 25, 2017, 11:09:14 AM
I am newbie on bitcoin, recently introduced with the community. I have seen a lot of positive feedback about bitcoin investment. I am not interested do business or trade on market. I want to used it for long term investment only. Some people suggested me anytime is good for invest on bitcoin but I want to do it wisely. If you have some idea of the market and analysis kindly do it for me.

Well if you will just wait you will be late, bitcoin price is increasing more each day. If you will wait for it to drop, you would have to keep an eye and wait for the hard fork next year. Bitcoin price usually drops after the hard fork. Bitcoin price is volatile and it is really hard to speculate. You should make your own judgement as to when to invest bitcoin. Investment is risky, that is why you should decide on your own when investing.
2431  Alternate cryptocurrencies / Bounties (Altcoins) / Re: ⚡ [BOUNTY] [ICO ESCROWED] ⚡ TriForce Tokens Gaming ⚡ 🚀 Industry Partnerships 🚀 on: November 25, 2017, 10:51:36 AM
Is the campaign extended? When will it end?
2432  Bitcoin / Bitcoin Discussion / Re: Is bitcoin is the new era of currency? on: November 24, 2017, 10:48:14 AM
Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?

I think it is starting to be used as a currency. Some establishments in my country honor bitcoin in their transactions. We can even deposit money in our banks through bitcoin and we can send money through it. I think this is great because transactions are easier and more convenient through bitcoin.
2433  Bitcoin / Bitcoin Discussion / Re: Buying Drugs with Bitcoin ? on: November 21, 2017, 04:03:18 AM
Anyone bought drugs with bitcoin and what are you thought on the subject ?

i know i have used bitcoin to buy psilocybe cubensis thank you bitcoin i cold have not done this without you now i can trip watching corry & eastenders in the evening its such a sight.

This is a fascinating news, to know that even drug stores accept bitcoin now. Although, my only concern is, what if there is a prescription for the medicine that I want to buy? Is a scanned prescription alright? Still, this is a great news, because slowly, the world is accepting bitcoin.
2434  Other / Politics & Society / Re: Why do people hate islam? on: November 21, 2017, 03:41:59 AM
I don’t think people hate Islam. They only hate terrorists. Now, the thing is most of the terrorists’ religion happens to be Islam, and by knowing what the Muslim people believe in, people often judge the religion, whether it lacks good teaching or not, because it’s people happen to become terrorists.
2435  Economy / Trading Discussion / Re: How do you decide when it's time to sell? on: November 21, 2017, 03:16:49 AM
Nobody wants to be monitoring the prices all day with the cursor on the sell button just waiting to click the mouse, so how do you decide when to sell?

If you set up an open order with a low target price, you'll be disappointed when the price climbs well above your target price.
If you set up an open order with too high a price, you might not sell at all.

What's your strategy?

Usually, I look at the opportunity, after being patient waiting for a good trade, I need to analyze whether bitcoin’s value has reched it’s maximum for that period of time, then I’d most likely to sell. It is like setting up a standard that tells me if I could already sell.
2436  Economy / Economics / Re: Worst bitcoin decision you've ever made? on: November 21, 2017, 02:49:28 AM
Summer 2012. Diablo 3. I bought in game gold with bitcoin @ $3/btc - Spent 90 coins for 500 million in game gold.

IGG = 35 cents / million now.

I lose.

/wrist

Back then, about 2 years ago, my friend first introduced me to bitcoin. He told me that it is a good investment and offered me to invest with him. However, I was unsure of bitcoin that time, so I refused. Eventually, my friend had already bought a car and a new phone. This may be my biggest regret, to not invest in bitcoin earlier when I had a chance.
2437  Bitcoin / Bitcoin Discussion / Re: What is BTC for you? on: November 20, 2017, 09:09:54 PM
What is bitcoin for you? Is it a chance or a scheme to get rich? Or is it actually to keep your wealth to yourself.
What lead you into bitcoin world and what's keeping you here?

For me, btc is something that gives a whole new meaning to currency. This is the first time that I have known something that can be used as money, and yet be used as an asset or investment as well. It is a wonderful and convenient source of income for me.
2438  Other / Off-topic / Re: What will the world be like in 100 years on: November 20, 2017, 08:46:17 PM
What will the world be like in 100 years ?
What will happen?
And will everything be the same as in the movies about monsters?  Grin

In my vision, I believe a lot of problems will be resolved by that time, such as cancer, global warming, etc. I also think that some unexlained things like aliens for example will have answers. A lot can happen in that time, but one thing is for sure, online currency will retain and be widely used.
2439  Economy / Trading Discussion / Re: Better investement right now, bitcoins or Altcoins. on: November 20, 2017, 07:05:13 PM
If I planned on buying some coins today. Which would be the better long term investment, and why?

As of now, bitcoin is the most credible investments rather than altcoins. This is for the reason that bitcoin is the most used online currency around the world, thereby making it the most reliable and safest that there is when it comes to investments.
2440  Economy / Economics / Re: what will happen to banks? on: November 20, 2017, 06:47:26 PM
Since banks profit from fees and blockchain will kill fees, my guess is banks will be negatively impacted.
Some banks are already stepping into the blockchain world.
But blockchain will not bring back the profits as otherwise.
Any thoughts?
Apologies if this is not the right place to discuss.
Thanks in advance.

I think if the banks will be able to compete through innovation, then I’m afraid they will get left behind. At some point, they need to admit that the world is evolving drastically which might be easy or difficult for them to adapt. Still, they have to do in order for them to survive.
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