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261  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: February 02, 2018, 03:07:26 AM
Each has various plans with the bitcoin they own. So always it matters about the bitcoin price.
It matter till it is converted and used in some other form of local currency such as dollars.
The price that the amount we converted is the only thing that would tell if we are in profit or at lose.
Everyone should understand that, for traders, you will never lose if you will not sell because even if bitcoin has some down moment, like
what we want witness in the past, it has also time to recover.
262  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: February 02, 2018, 02:47:02 AM
I think trading is the best source income because i am trader of bitcoin and i never got a risk in bitcoin trading so i also recommend that bitcoin is very profitable currency for everyone and i think bitcoin is the safest investment.
If you are a profitable trader then for sure trading will give you a good income, in crypto you can trade 24/7 and that gives you an opporutnity
to maximize your income and maybe focus only in trading alone, it will already give you financial freedom in life.
263  Bitcoin / Bitcoin Discussion / Re: "Everyone already knows about bitcoin" no.. no they do not.. on: February 02, 2018, 01:54:29 AM
Not really, senior citizens who don’t have any social media accounts must have heard or rear about bitcoins but are too old to care about this high tech currency. The poorest of the poor in Third World Countries are too busy putting food on the table, if they had one, to care about another currency that is almost impossible for them to acquire.
Majority of the people does not know about bitcoin, I would be happy if 10% of the total population in this world knows about bitcoin but it's not
the figure I heard, we are very few and that is why we should help in spreading the news so everyone can enjoy the system of bitcoin.
264  Economy / Economics / Re: panic selling on: February 01, 2018, 05:02:14 AM
What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?

Many of us admit it we experienced the panic selling feeling. Any yes to be honest im too , despite the risk that you will the take , but the profit or your prixe will surely goes up. And to the topic if many people sell as the same way as the seller number 1 , I think it will cost the price of bitcoin to be down. And all I wanna say or to suggest is have a courage and selfconfidence thats all and be wise.
I am not ashamed to admit because that is part of the learning experience in crypto in order for us to matured.
I have a lot of bad decisions in the past and luckily I was able to correct that as I continue my journey here in the crypto world, now I only see panic
selling as an opportunity to accumulate cheap coins.
265  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: February 01, 2018, 04:33:09 AM
Holding bitcoin is great idea. But how long can stand to our society?  bitcoin compared to gold is too far..
Gold uses for how many years as a sign of wealth and power and it have a reputation and stable value.
Bitcoin is a store of value as a definition of some especially those who invested on it.
However, if we compare it with gold in terms or stability, for sure bitcoin will not win as the nature of bitcoin is volatile and it's a high risk investment.
A person should understand very well if he is holding bitcoin for his fufure due to inherent risk unlike gold where you can secured with the value.
266  Bitcoin / Bitcoin Discussion / Re: Difference between Bitcoin and real money? on: February 01, 2018, 02:56:58 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?


Bitcoin is a virtual cryptocurrency just like other cryptocurrencies. It is being used to pay bitcoiners for their posting which helps promoting certain ads in a campaign. These bitcoins will eventually get converted in a real money. So, i think both of them are good yet bitcoin can change its value...either low or high. At least it is money afterwards.
Bitcoin is a cryptocurrency, other than bitcoin are called altcoins as it's in the mind of the people that bitcoin is the original or the king of all coins.
It's different from real money of course as real money is produce by the government using the centralized system, I believe bitcoin is more transparent
as it's decentralized and we can audit the system if we wish to.
267  Economy / Economics / Re: You should never trust banks on: February 01, 2018, 02:51:50 AM
Unbelievable. Especially the "no reason" part. Not all banks are like that. What kind of bank is that? Did the bank close or go bankrupt? What type of account? If it is a deposit product, does it not have insurance up to a certain amount? If it is an investment product, what happened to the investment?
bank would not do any illegal activities against its client because their reputation is at stakes here and since bank
is a business of trust they will not be profitable when their reputation will be destroyed.
268  Economy / Economics / Re: Which one is good, trading or investing? on: January 31, 2018, 09:18:53 AM
You can consider trading as an investment, in both cases, a product is purchased for a certain price in order to obtain profit. if you want to be predicted in what to invest, then at the moment I can advise xzc
We need to trade from the moment we like to cash out our investment, that is the basic thing we need to do in order to convert bitcoin to fiat.
The perception of the people is really different, maybe when they mean trading, it refers to day trading and investing refers to long term holding of bitcoin.
269  Economy / Economics / Re: Bitcoin can not replace fiat on: January 31, 2018, 09:07:54 AM
I think it complements each other rather than replacing it.
That's correct, bitcoin and fiat are both useful to us since not all people are using only one system, in fact we want a lot of options
as when one is not available we can still continue to transact. That is the mindset of the people because they know that there are not perfect system,
everything has its flaws so that addition could help to ease the transaction.
270  Economy / Economics / Re: panic selling on: January 31, 2018, 08:57:23 AM
There will always be some people spreading negative news about bitcoin at some point of time, one of the main reason is to make some traders lose confidence in the bitcoin trading market and made them sell their bitcoins at a bad rate, and they can buy some cheap bitcoin during the panic selling.
That's why you have to verify the news so you will not easily panic which would lead you to a big loses.
Just by making the right research you will surely make a good decision and in fact when people panic you can make that on your advantage as you can
but cheap coins in that situation.
271  Local / Pilipinas / Re: Ang Sekreto sa Trading on: January 31, 2018, 07:58:23 AM
napakalaking tulong to sa mga mag eestart mag trading. halos lahat ng method naisaysay ng maayos. kudos to you mr Hippocrypto. sana madagdagan pa ng mga hidden techniques to.
This is good because he help filipinos to learn how to trade, in fact the bigger money are coming from trading.
I know most of us here are busy with signature campaign but we have to see this earning opportunity as well as when we learn
how to trade, we have a chance to grow in the crypto world.
272  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Really The Future Of Money? on: January 31, 2018, 07:47:09 AM
Yes it is very possible, but for me it is a waste of bitcoin if it will be happen. Because it happen to be that you used bitcoin for payment even in a small amount value or price, so if there is a change instead you push yourself to buy another one.
The future of money does not mean it will dominate the world and it will force people to use bitcoin for their daily transactions.
I still believe that paper money will remain useful as most people are not ready for online transactions only, due to lack of education and there
are some countries like undeveloped countries where people are suffering from poverty problem.
273  Bitcoin / Bitcoin Discussion / Re: Buying Drugs with Bitcoin ? on: January 29, 2018, 10:43:29 AM
This is why many country Bans bitcoin. Because of some illegal activities and bitcoin is used most for payment method. Here in my country you can't really do buying drugs, the government is so strict.

Well, I am also aware of this kind of illegal activities right now. Many bitcoin users trying to use Bitcoin and other cryptocurrencies for doing illegal activities. They're scamming many people, paying to hack an account/wallet, Buying and selling illegal drugs and other activities is not good and we cannot prevent it because it has a value like money.
No one can prevent them from doing it as bitcoin has a value and people would love to accept bitcoin as payment.
The government are already aware of this things and they are already making necessary measures to minimize this illegal transactions especially
money laundering which bitcoin can be an effective tool to do this kind of illegal activities.
274  Economy / Economics / Re: Being a Smart Person or Strategic on: January 29, 2018, 10:38:08 AM
In my opinion, strategic person get more advantage in any situation. they can control their turn in any condition, easy or hard. If we are to define a person by amount of money as being smart.
Strategic person makes decision based on proper analysis, it does not act based on emotion but based on the strategy.
Also, once they made mistakes, they always ensure that they learn from their own mistakes as they believe it is the best way to improve to become successful.
275  Local / Pamilihan / Re: Coins.ph Official Thread on: January 29, 2018, 10:25:25 AM
Pwede po bang ibalik yung cash in throw btc address directly.. so much expensive kasi when converting.
Where same as pinoy...  itatag bandila Smiley
Bakit mo naman ibabalik, hindi wise na gawing trading platform and coins.ph dahil mas malaki ang buying value nila compared to the
standard pricing, the moment mag convert ka into PHP dapat next thing to do cash out na yan.
276  Economy / Economics / Re: DON'T DO PANIC SELLING !!! on: January 28, 2018, 11:20:07 PM
Patience and remain confident is the key to me so you do not become a panic selling, if yesterday you became a panic selling when the price of $9k then you will regret it now, the price of crypto will definitely recover, I am very confident with it. So do not panic selling when prices fall.
You learn by your mistakes, sometimes we make wrong judgement but we all know how progressive bitcoin is or other currencies
that is why when the price dump, patience should be in our mind and wait for the right timing to sell.
277  Economy / Economics / Re: Where do you spend your money from Bitcoin? on: January 27, 2018, 11:23:21 AM
Last week I just received my first earning in bitcoin. I just want to invest in bitcoin, to earn interest or any profit. And planning to save all my coming earning in bitcoin. If I have enough money, I  like to travel to visit Japan. To see the beautiful flowers that bloom there, the Sangaku- National Park, and the Temple city.
I suggest you save your earning or invest it to grow, spend when you are earning enough already, don't miss this opportunity
that the entire market is growing, crypto might give fortune in your life so think of that.
We just need to control ourselves, spend on the needs and focus on the future.
278  Economy / Economics / Re: The dream of getting rich with bitcoins on: January 25, 2018, 05:12:26 AM
Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.

How much money did you earn with bitcoins? Or did you lose some?
Everyone dream to be rich by using bitcoin,  for me it can happen if you go work for your bitcoin.  Just think positive always.
It is possible to be rich with bitcoin if you will just seek deeper and study how will you earn in all ways. Just exert more time and effort and have a patience specially in reading.
Reading relevant information will give you knowledge that you need in order to succeed.
Although we also need to invest money which is the most vital for me, but you will lose that money if you are not good in finding investment opportunity.
279  Local / Pamilihan / Re: Let's talk about Gambling on: January 25, 2018, 04:48:53 AM
Hi gusto ko sanang matuto ng gambling using bitcoin, sana matulungan nyo ko, ano kayang 1st step or ano po ba ang mga kailangan kong malaman.. salamat😊
Most betting sites has their tutorial to help newcomers because that way they will be able to attract new customers, I think if you
are computer literate and you are active online you will easily figure out what to do.
You can ask in the thread here where the admin of the site has created, or maybe watch videos in youtube.
There are a lot of games, please be specific with what kind of game you want to play.
280  Economy / Economics / Re: New rich people thanks to BTC on: January 24, 2018, 02:14:46 PM
Bitcoin could make some people very rich overnight or in the short term, but there are some people who have lost all their life savings and even get into huge debt too, looking at the price of bitcoin this few weeks really gave me a shock as bitcoin price have dropped more than 50% already.
Investing does not guarantee success, it still rely on our skills and knowledge about bitcoin.
Actually if we made sure we understand bitcoin and we educate ourselves we will not lose a single penny as we all know that bitcoin's performance
is very profitable, maybe we need to do it with the right timing.
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