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2501  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Really The Future Of Money? on: January 25, 2017, 10:37:49 AM
Yes It will be. Because,
  • More stability
  • More trust from institutional investors
  • More organic growth
  • Less manipulation
  • Less volatility
  • More distribution of liquidity outside of China
  • Higher probability for financial instruments approval
I must say all the points you highlighted are strong points Bitcoin can put forward any day as a favorite contender of the future of money, however I do not buy the idea of your 5th point. Bitcoin cannot be said to be a less volatile currency. Only recently, we were trading at about $1150 per Bitcoin, it came down to $752 and now trading at over $900, how else can volatility be described?

That aside, strong volatility is not a disadvantage, it in essence is showing high liquidity and which is what creates the enabling environment for demand and supply to compete effectively leaving us with a reasonable for Bitcoin.
2502  Economy / Economics / Re: Passive Income on: January 25, 2017, 08:08:54 AM
You could lend BTC at Poloniex. The profit is small but at least it has profit.
Yeah that is also a passive income but it will not be worthful for a person to live with with that he will also need to do any hard work to earn some more money to support his family and if he have a high amount of capital to lend then I will suggest to start a business with that money it wil give a profit for generations to you and you will not have any fear of defaulters.

Passive income doesn't necessarily have to come like heavy drops of rain, what matters the most is that the tap keeps dripping after the initial hard work. I am seeing this prospect at Poloniex as much more reliable than the conventional lending of money, because at Poloniex, it is entirely passive income and much more secured. one can make a business out of it, by raising some huge amount and investing here at moderate rates and that is sure to be better than the ridiculous interest banks offer on deposits.
2503  Bitcoin / Bitcoin Discussion / Re: What do you like best about bitcoin? on: January 24, 2017, 04:19:28 PM
I see everything associated with bitcoin to be the best innovation or best thing. From decentralization to the fact that it can be used in illegal transactions, as a currency, investment and has given earning similar to day job. Nothing looks to be bad with bitcoin, at times it depends on the user who is using it for personal needs.
All that and more are the things that are giving Bitcoin its value and momentum. All too soon people come to identify these unique attributes of Bitcoin, they hardly would want to go back to the way it used to be, because people have helplessly been yearning for this revolution even with admitting it. In many ways than one, Bitcoin stands for freedom, value, trust, security, instantaneous and above all, one world. What more can any sane person really ask for?
2504  Economy / Services / Re: QTUM Signature and Avatar Campaign on: January 24, 2017, 01:45:33 PM
All application denied no one accepted.

I still need 7 Legendary, 2 Hero, 3 Sr. Member, 3 Full Member and 6 Jr. Member • No more slot for MEMBER RANK.


https://docs.google.com/spreadsheets/d/1BVr1ii6mEdtaXA-Ui6DJ0NI3YKV4JPuLYeUy5c3RTHA/edit#gid=1131797711
3rd Round Spreadsheet is now updated. If you don't see your bitcointalk username meaning you're denied or removed from this campaign.

Regards

Thanks for the payment. I can see that by mistake you added me to the third round as you had said that you'll need me to remove the rating and won't be adding me to the third round?

I'll try to get the rating out from my profile this week else will have to leave it and bid adieu to the campaign.

I've change my trust rating from DT 3 to DT 2 and I will revised the rules so that we can avoid this kind of situation regarded.

You're still in the Campaign Sir. Aside for being a campaign manager here I still respect your rank.


Regards

Thanks a lot Smiley
Nice job BlackMambaPH and more power to your elbow in steering the campaign!
2505  Economy / Economics / Re: Passive Income on: January 24, 2017, 12:51:59 PM
Buying bitcoins on a low price is a passive income, at least for me. Say, if you bought at $200 and right now it's currently sitting at $400, haven't you profited off of it?
What if the price of your Bitcoin never rose beyond $200 or even took a dive to less than $100, would you perhaps say, "I have made a negative passive income"  The scenario you cited above is nothing but mere trading and miles away from being a passive income. Do you notice you must have to perform another task - placing another trade for another profit making opportunity to ever be possible?  Passive income actually works like machine, set like once and forget.
2506  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Really The Future Of Money? on: January 24, 2017, 11:57:04 AM
Bitcoin is a very good contender for this role, it may eventually disappear but he will be replaced by another currency, I think that the future is not necessarily for bitcoin, a digital currency but for sure.
Bitcoin is a pioneer and revolution for the future of money, whether it makes it to the promised land or not matters less, by and large, one of its descendants would eventually! And why not Bitcoin? At present, its capitalization and global adoption is second to none. Discussion is on-going on how to make it much better. Agreed there are technical, political and unknown threats confronting it at present, but history remains the best teacher and always eager to remind us that, any road without any obstacle, obviously lead to nowhere.
2507  Other / Off-topic / Re: Who controls the Bitcoins? on: January 24, 2017, 11:22:34 AM
If bitcoin can not be controlled, it is impossible to replace the official currency of a country. It is justified because the state had full interest to be able to control the currency. So I sure bitcoin can't controlled by anyone.
And the bitcoin is not having such elements to be the legitimate currency, it's not about the controlling of bitcoin. So, bitcoin is so far being accepted by the government.
Not surely, even there are a lot of chances to controlling the network of bitcoin.
It is a wonder that there are people reasoning like this and yet they are in this forum and even participating in signature campaigns, does not the campaign managers go through all that?

Bitcoin is decentralized by nature, making it free from the control of anyone or group of persons, but that is on the premise that the community plays its role effectively and not go to sleep thinking all would be well. For anyone that is truly abreast with developments in this industry, the Chinese are fast cornering Bitcoin!
2508  Economy / Trading Discussion / Re: How do you manage ur emotions? on: January 24, 2017, 10:39:41 AM
The only way to effectively manage your emotions is to trade over and over and over again.
With time you will develop a hard skin, know when to jump in and when to fly out.
That at best is simply playing the Ostrich! No matter how far you go in a wrong direction, you will never get it right until you go right back and correct the source of the error. Trading is an act and takes time and right training to perfect. A great portion of the training is  learning how to manage our ever changing emotions in changing market conditions. A trader does not go there to play macho man, because it is a guarantee, such a trader would have to leave empty pocket again and again.
2509  Economy / Services / Re: QTUM Signature and Avatar Campaign on: January 24, 2017, 08:54:30 AM
This is to confirm my second payment from Qtum
https://blockchain.info/tx/cb9e6a513a865f9015df6985dec2ccbcdfedcf9cc19ac0a0e4ac2af94f528efe

Thanks Qtum and BlackMambaPH and here's wishing the Qtum Project a resounding and all round success!
2510  Economy / Services / Re: Programming & Development Service on: January 23, 2017, 08:12:49 PM
I am offering a programming and development service

Languages I support:
PHP
Javascript
Java
C# (no asp.net)

If you are interested send PM with your skype
Is this service on-going or you are just starting off? The reason is to if there is already laid down structure to follow and if the resource materials are already in place. Other than that, for advertising in this forum, Bitcoin is one of the payment systems you support, isn't it?
2511  Economy / Speculation / Re: Sell or wait? on: January 23, 2017, 12:36:07 PM
I would say wait for it, i am sure the price going to go up again, the longer you hold the better price it is going to be, i still holding my bitcoin and i am not going to sell my bitcoin at this price, i will observe and see how is the bitcoin price after the chinese new year
yes i am also interested to wait.

Most definitely. You would have sold when the price was $1100, now it's better to wait for the Chinese new year. The market is mostly stable now but it will raise soon. And holding Bitcoins will always make you money. Smiley
How you can sure that the price will raise again this coming chinese new year?
The best method for safety that you can make a good profit is to dont sell all just sell only partial of your bitcoin and the rest sell it if the price continues .. so that you can be still getting the benefits.. and if the price is decrease you can buy bitcoins again and safe your profit..
It was not an assertion that price is sure to rise this coming Chines new year, but given China's vast interest in Bitcoin, following their new year economic policies would be a good place to see the outlook for Bitcoin and then act accordingly. Fundamental analysis is the key to what drives every financial market.
2512  Economy / Trading Discussion / Re: How do you manage ur emotions? on: January 22, 2017, 09:48:12 PM
Although trading for many years, I still have this threshold when emotions start to get the better of you. Usually when your entry position size is very huge or very high leverage and the market is very volatile.

So learn first where your threshold lies.
Every business has its secrets, not getting to know them before venturing into the business is an express invitation to chaos and confusion.The psychology of a trader, which is where emotions falls in, is pivotal to what a trader ends up accomplishing. As for a way to manage emotions, many a trader are now quite comfortable with delegating authority to robots, since these are devoid of emotions as does humans.
2513  Other / Off-topic / Re: Who controls the Bitcoins? on: January 22, 2017, 09:26:35 PM
Just us. Nobody else than us, not even China. We are who decide the price of the BTC. There are many out there who think that someone or some specific people control it. No that's no true, and if you don't believe just search it, learn some stuff for it. You will see many thinks opposite.
Almost all mining is concentrated in China. State inspection on Chinese markets led to a drop in the value of Bitcoin. What is it if not a direct effect?
It is a wonder most people are still living in fantasy islands, singing stereotyped choruses, while China daily inches closer to being the one to call the shots in matters pertaining to Bitcoin. These days, there are rumors of Chinese miners unwilling to confirm transactions from the U.S.. Rumor or fact, can anyone read what is in between the line? 
2514  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Really The Future Of Money? on: January 22, 2017, 08:31:36 PM
Yes, Brother. Bitcoin is the future of money. Cause BTC price is increasing day by day. In future, BTC price will be the hight price in online currency. For that, BTC is the future of money.
This wrong notion needs to be corrected - Bitcoin is not or going to be the future of money all because its price has been on the increase. So what exactly are we going to be left with should the price come crumbling tomorrow? The concept of Bitcoin becoming the future of money sprang out of the fact that Bitcoin came as a revolution and pointed us in the direction of what money should really be like, contrary to what we have been used to. For instance it took meddlesome banks and card companies out of the equation for monetary transactions, local or international.
2515  Economy / Economics / Re: Passive Income on: January 22, 2017, 04:00:40 PM
whether revenue from the website also includes passive income? every day I take the time for this forum and my website I have to make a minimum of 1 articles in 3 days, when I first tried it's hard, but hard work is followed with great results
Yep. This is my passive income too. Joining in signature campaign is great for me. It makes me make a profit every week. And I am happy because of simple replying and maki it constructive makes me a passive income. So for signature campaign us the best passive income here in bitcointalk and internet.

There is nothing called "Passive income" - there must be some active role otherwise no one is going to pay your for free.

Writing articles does need active brain functions and thinking. Making constructive posts and participating in signature campaigns need time and thought and reasoning.

Hence they are not passive income - in fact there is no such thing as passive income.
It is better to first define  what is passive income. Some are defining passive income is income without any efforts or work done. Some are defining passive income is self-reliant, which requires very less or no supervision to keep earning.
If we assume passive income is what First thought is then there is no passive income. Except being born in very rich family (I mentioned same in other thread 'gradual passive income'.)
If we assume passive income is what Second thought is then there are lot of opportunities like Renting house or stuff is example of Passive income.
Passive income is far from the first thought, because much work, especially at the beginning is inevitable to be able to keep the wheels turning in the future and bringing in the income. The second thought is closer, but becoming self reliant and putting in little or no supervision comes only after the hard work aspect for foundation laying is successful, other than that, no passive income can be in the offing.
2516  Economy / Economics / Re: Best way for steady income on: January 22, 2017, 03:49:25 PM
For steady income, better join in a signature campaign in this forum.You can earn from faucets but it will be very less. Try to join in a cloud mining site like genesis mining. Once you pay as per hash power and join, you will receive monthly your earnings for lifetime as mentioned by that company.

Altough sig. campaigns can be handy the real way to get a stable income is by providing some service and earn on subscription. I've tried other methods too; trading for example but when the price of btc is rising its hard and risky to earn with trading.


signature campaign can not produce that many bitcoin. even if I would prefer a trade, because trading can earn more revenue. we just focus conducts sales and purchase bitcoin. it will feel more beautiful when we make a profit. any how when we focus on one job then we will get the best results.
While signature campaign may not give you all the Bitcoin you may desire, but it has proven to be an almost riskfree way of earning some Bitcoin. When you get to find a well organized one and your level is up to full member, you only need to discipline yourself and stay off  the temptation of wanting to double your coins overnight by gambling or trading (without the right knowledge and skills) and before long your coins would add up to something significant.

When the knowledge and trading skills are in place, signature campaigns, can be a good source for raising the trading capital and eventually both activities can get along concurrently, bringing in more coins and better life.
2517  Economy / Trading Discussion / Re: How do you manage ur emotions? on: January 22, 2017, 03:37:08 PM
Emotions comes in devise ways and even over excitement after a profitable trade can get in between and mare our subsequent trade decisions. At any rate, emotions are the things that makes us human and there is no way to totally get rid of them. Best a trader can do is to have a laid down trading plan before taking up any position in the make and to follow up the plan to the later. Anger, anxiety, bitterness, hatred, joy, etc are all examples of emotions.
2518  Economy / Trading Discussion / Re: Is 1000 btc Possible on: January 22, 2017, 02:39:42 PM
Its possible yes, but it will take a while to site on it.
Trade altcoins, invest, possibly offer secure loans.
And you should be able to make it.
it is hard to earn 1000 Bitcoin in a short time. I mean, even if you trade appropriate, I doubt that you can earn 1000 Bitcoin in 10 years. There are many other factors influencing your activity and your money such as luck, skills, your emotions, etc.

Well altcoins sometimes have the ability to go over 1000% ive seen a few hit 5000%+
So i guess it all depends its best to spread and build a decent portfolio.

Back then that was the case, but right now I haven't seen altcoins that has been hyped up lately. Seems like the whales are onto something or maybe it's just because of the previous pump and dump that has happened in bitcoins.

But coins that blows up to that are just in a bubble. Sooner or later, the people that pumped the market will dump it again and that leaves the other people that wasn't able to sell on time lose money.
It's like gambling way back, you have to be smart and focus on the development of coins, you have to ensure you are knowledgeable with what you are investing with and when the price pump, the method I use is I just ride with the pump but I always consider to monitor the price and sell once it started to dump, it's an easy money but requires time really.
As at when Bitcoin made its debut, very few people gave it half a chance and from pennies its value have grown to over $1000 more than twice, in its eight years of existence. Imagine the peanuts it would have cost to get a 1000 BTC, there was even a case of 2 pizzas that sold for 10000 BTC back then, how much those two, are worth this day? Someone would say, that was back in the days, but life as we know it, is cyclic in nature and opportunities still comes around. Something they said about fortune always smiling on the prepared!
2519  Economy / Speculation / Re: Sell or wait? on: January 22, 2017, 01:37:31 PM
I would say wait for it, i am sure the price going to go up again, the longer you hold the better price it is going to be, i still holding my bitcoin and i am not going to sell my bitcoin at this price, i will observe and see how is the bitcoin price after the Chinese new year
Keeping an eyes on the Chinese new year is well worth it, because China is one of the countries to reckon with as far as Bitcoin is concerned. Also following developments in the globe especially as a new year have just began and most countries are coming up with their economic policies for the year. It is from such fundamental news that clues about the direction of Bitcoin as well as other currencies can quickly be gotten and taken advantage of. For instance the looming interest rate increase in the United States, is something to keep tabs on.
2520  Bitcoin / Bitcoin Discussion / Re: Bitcoin Attraction on: January 22, 2017, 01:23:11 PM
In general, the advantages offered by BitCoin are mentioned. But the part that affects me the most is the technological infrastructure. I think that what you do with Blockchain technology will change our lives.

We will soon begin to see a lot of projects related to the following issues.

* Banking
* Voting and Selection Systems
* Internet of the Things
* Money Transfers
* Cyber security
* E-Commerce and Payments
* Online Music Sector
* Stocks
* Health care
* Identity Management Systems
* Donation Systems
* Copyright

-i highly discourage banking in bitcoin you have your wallet and that equates to bank in fiat
-how possible? What are the features of btc that leads developers in such idea
-money transfers are really good especially when we are talking its efficiency
-cyber security can also be bad for bitcoin
-
I guess banking as is in the list, is not about the conventional ways we have been, but the now way, bitcoin can turn every holder to his/her own bank. The entire list and even much more, are various endeavors in life that Bitcoin or the technology behind it - blockchain, are currently been worked upon for adoption, because of the unprecedented level of trust and security made possible by this technology.

The list actually should be endless as more and more people are becoming aware of Bitcoin and its technology, far more points of attraction are sure to emerge. The case of voting and selection systems, is something that is needed badly in most of our societies and that alone can settle most of the ills in our societies.
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