A bot is only an assistant, it does not serve as a replacement for learning to trade and having a good understanding of what is going on in the market. A bot works best when a trader is quite knowledgeable about what the bot does and how it reacts to changing market conditions. The mistakes many traders, especially newbie run into, is to unwittingly surrender their trading accounts to some bot simply because some other trader happens to be doing well with same bot.
 
Using bot have a lot of advantages, like sitting in the market 24/7 and being able to follow up developments in the market, ability to put check on emotions, which is a difficult task in manual trading, ability to calculate lots of market parameters faster than human trader and so can place trades in split seconds than is possible with a human trader,etc.

Bitcoin without any doubt has a very strong appeal and given the abysmal state of most fiat currencies, the awareness and adoption of Bitcoin is sure to soar, but getting to be adopted by the about 7 billion people that presently inhabit the earth by 2022 is like day dreaming. All the same, it ought not to be an issue whether everyone embraces Bitcoin or not, just a significant portion of the world's population is just okay for Bitcoin to be all it could possibly be.

Come to think of it, with the user base at present, we are beginning to experience crowded network and so much delays in confirmation of transactions, how worse can it get if drastic measures are not taken now? I think our primary concern now show be to have Bitcoin truly ready for mass adoption, because it is sure to happen someday given the goings-on in the finances of many countries across the globe.

I looked again at the date and that was Tuesday November, 1999, very close to being two decades afterwards!  Laudable as that sounds, but why have we heard nothing in that regards after all these years and even in the run up for his election?  One thing just called to my mind - is it the same 1% of Americans who controls 90% of the wealth of the country, who refused to back Obamacare that would now gladly part with 14.25% levy on their net worth for the sake of 99% of Americans?  Would make a very interesting movie and can't wait to see how it all works out (if ever) especially now that Trump is the number 1 citizen.

That is far from being the truth because a number of start-up companies into the same remittance business are not running at a lose. What is fact is that WU and MG grew up with the philosophy of centralized business model concepts and all these talks about decentralization is Latin or Greek to their ears. That approach guarantees they keep ripping people off with very high fees and that's the ping pong they have been playing alongside the banks on people over the years.

Now those are part of the financial ills Bitcoin is here to address and it is good to know, it has gotten them panicking already. It is their choice to either wake up to the reality and embrace change or simply wait for reality to dawn on them as the remittance startups and much more companies that would be springing up drives them out of business.

It is already happening in Mexico in response to Trump's outburst to tax remittances coming from the U.S.. the demand for Bitcoin have surged soon after Trump's declaration.

And yet the banks and institutional traders are using them and even investing much more in their research and development. Generating 0.5% a day for a machine that sits and monitor every tick of the market 24/7 isn't really something out of the blues. But use of generic bots or some that one knows next to nothing about what or how it trades, is a grand recipe to burst one's trading account.

If we can rack our brain appropriately and code some bots to emulate same, then the bots can really relief us, while we take time out to see the world and enjoy the good things of life.

Back them the user base of Bitcoin, capitalization, hope and trust invested in Bitcoin wasn't half as pronounced as it is today. We can rightly say that Bitcoin is more decentralized today than it ever were and that is its food, which can explain its now resilience and strength. All that is a pointer to the fact that, the more people adopt bitcoin, the more valuable and stable it becomes.

Banking processes as presently is, is expensive and very time consuming as it relies heavily on a team of people to nose through books and figures. Use of blockchain technology however offers some relief that are irresistible and here is what some banks are making of the situation:

http://economictimes.indiatimes.com/industry/banking/finance/banking/big-banks-plan-interbank-blockchain-platform/articleshow/56770736.cms

This is the highest paying signature campaign in the forum right now and going by human nature, some will keep banging at the gate, perhaps someone would hear and let them in! Everyone wants to be a part of a winner!

You did hit that right on the head, Paypal is old school, out of touch with reality and lacks human face, but Bitcoin is the future, all we need is mass adoption. Good news is that Bitcoin already, is fast gathering momentum across many countries than anyone thought was possible. Perhaps we should be saying, thanks to the fiat currencies that are now turning up their open wounds, governments after governments have tried to conceal.

Well Bitcoin is not a law enforcement agent to prevent crime in the first place, it is a currency even though the government out of their selfishness opt to see it otherwise. There will always be people who are inclined to commit economic crimes and it matters less to them if it is with Bitcoin or the fiat currencies, these crimes are as old as mankind. If the governments are willing to listen, the best way to prevent crime is to get to the root cause of the crimes and not just the shoots or leaves.

The truth be told, it is not the illegal activities that is the headache the governments see with Bitcoin, because those have always been there even before Bitcoin came on board. Not not government, not two, all of them share the same fear that Bitcoin is sure to relegate their local currencies to the background and by them the source of their power over the people would be almost gone.

Also proof of the strength of Bitcoin can be found in how formidable it has become in its eight years of existence, despite the political technical and even unknown threats. People from different countries are turning to Bitcoin  en masse as it offers them better value for their money than what their local currencies, which have been rendered next to worthless can offer as a result of inflation.

Bitcoin is original and a pioneer and it is rare for a copy to outsmart the original. Not like that should be an issue though, Bitcoin is a revolution and it is the time of the cryptocurrencies, else they would have extinguish the fire well before now. In the case, that Bitcoin loses its number 1 position, then it must be to a very robust, elegant and overwhelmingly and unanimously accepted coin but above all, it would nonetheless be a descendant of Bitcoin.

If we are really interested in trading the cryptocurrencies, then our first bet is to become well versed in the ways of the assets we are interested in and everyday follow up developments around it. We should already know what the market bias already is and where to get the latest and credible news as those are the veritable information to influence the trading decisions we are going to be making.

Right now Trump is working to make real his walls over Mexico and also to tax remittances from the US to Mexico and that should be some good news for bitcoiners! The information from all that is that Mexicans are about to join the league of countries to embrace Bitcoin en masse, pushing the demand for Bitcoin even higher and you should know what to follow!

Faucets can't be the only place to earn free bitcoin and if that is really your take even at Full Member level in this forum, then you must have been looking without seeing or simply sleeping. Take a trip to this section of the forum and engage your time positively and then also participate in signature campaigns instead of wasting it in faucets. https://bitcointalk.org/index.php?board=52.0

The time of faucet is now over, move on to more profitable ways of gathering your Bitcoins, time is money!

That is why the rich keeps getting richer - they hunt for profitable opportunities and then take calculated risks, while the poor slave away all year or rest of their lives, picking crumbs all in the name of playing safe. Fact remains that there are no risk free ways for making money, rather the risks can always be managed with better knowledge, skills and technology.

I trade in the forex and cryptocurrencies markets, I know about hedging, I know about correlation trading and none of that guarantees risk free money. As for those looking for free money, I won't advice even my enemies to see leaving their deposits in banks as some form of investment except it is in the form of some term deposits, which gives the depositor the power to negotiate his/her terms.

There is not going to be any impact, the vicious circle would simply continue because the hell of global financial system was designed to create debts that would never be paid off. As a matter of fact, printing money from thin air have always been the name of the game, money backed by nothingness - where would the money to repay it be coming from? Not too long, it would be $30 trillion because Trump is just about to turn America into an island with far more enemies than he met.

First question is, how would something that is decentralized, borderless and free be banned and by all the governments? If that were to be possible, they (the governments) would have already slammed and banned Bitcoin well before now, but fortunately for us, this is the time for the cryptocurrencies with Bitcoin as the pioneer and the revolution have just started.
 
Can someone quickly search and see if corruption, money laundering, tax evasion and illegal activities became part of mankind only some eight years ago, when Bitcoin made its debut or they were already on ground? If Bitcoin came to meet it all, can someone please advice the authorities to stop chasing shadows and sincerely go after the substances, that are the root causes of those problems!

Those are exactly the ills Bitcoin have come to straighten! Going forward it is not going to be business as usual as Bitcoin is sure to give Paypal a fight for all client out there. Strongly in favor of Bitcoin is the fact that disclosure of ID is not mandatory and Bitcoin provides an uncumbered and cost effective system for international payment. People are going to be putting those attributes into perspective as they make their choice in the years ahead and there is every likelihood that a shift would take place.

That is absolutely right and explains why most governments are afraid of Bitcoin. They reckon their local currencies, which is one of their major source of power doesn't stand any chance with Bitcoin and so they opt to frustrate it any way that can, but unfortunately for them, Bitcoin is beyond the manipulation of any one country.

The economic outlook of many countries in 2017 isn't looking promising and so we are going to be seeing many more people switching over to Bitcoin, to be able to beat inflation and manipulations by their governments.