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261  Economy / Economics / Re: Why all people moan about the price of bitcoin? on: July 19, 2018, 05:13:58 PM
You cannot really take such complaints away from people. But I expect them to channel their energy more towards attracting more persons to the crypto market.
I think people are moaning about Bitcoin prices because they can not control Bitcoin pricing and information. That may cause them to lose some investment plans or to sell the wrong time and make their property depreciate. Bitcoin is now priced quite high and be careful if you do not want to moan about it.
262  Economy / Economics / Re: Why people are still buying BTC? on: July 19, 2018, 05:10:02 PM
Tell me why people still shouldn't buy bitcoin? FUDS cannot stop Bitcoin. didn't you see bitcoin price goes up right now while people like you condemn bitcoin? Doesn't it say a story ?
People still buy BitCon because it shows its potential to ensure its price will continue to increase. The time when it fell and became so promising to invest in this promising market. Bitcoin has recently shown that it is rising and will continue to grow. The price of Bitcoin is now quite high and can not be bought as easily as before.
263  Economy / Speculation / Re: Bitcoin has really come back? on: July 19, 2018, 05:05:11 PM
I have always hoped for bitcoin to bounce back, and it would not be surprising that bitcoin rises again and reaches its peak. The only shortcoming has been the instability of cryptocurrencies which has being the headache of all bitcoin holders and investors.
The recent news that Bitcoin prices are rising again. This is a positive sign for investors who can be assured of a return of Bitcoin. That also shows the result of the patience that kept Bitcoin in the last volatility phase is right. Keep believing and careful in your decisions to keep or sell your Bitcoin.
264  Economy / Economics / Re: Why do older people like investing in Gold/Silver? on: July 18, 2018, 05:37:13 AM
I'm not one who would invest in precious metals, but I have noticed that a good amount of the older generations are pretty keen in investing in these metals. They see it as a way to bet against the market, and a security that will always be safe -- even in the times of a market downturn/country failure as a whole.

I personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)

Does anyone here know the reason behind people loving precious metals?
Precious metals are been used since ancient times for trading and exchanging good. They were the means of payment in the ancient times also they do have some excellent properties which makes them rich as compared to other metals. These metals are in physical state and hence more trustabke than the cryptocurrencies and i guess this is the reason why old peoples prefer investing in precious metals.
Older people invest in gold or silver because of what they know better than Bitcoin. In fact gold or silver is always a safe option. It will always be suitable for all their plans in the future. Bitcoin is still in the process of completion and self-assertion, so it is more volatile. Old people are often in their decisions.
265  Economy / Speculation / Re: Are you now going to hold when the market is red? on: July 18, 2018, 05:21:55 AM
All of a sudden bitcoin jumped from 6.5k to almost 8k today. I believe those who made panic selling are very disappointed now. This is the reason why i said bitcoin investment is not only about risk taking. Am pretty sure no old member sold thiers at that cheap. Sometimes experience counts. Never think bitcoin is gonna die

It is not only sometimes that experience counts. Experience is always the best teacher all of the time. Those who have not learned from their or somebody else's experiences about the rise and fall of Bitcoin's price will not be guided by the lessons packaged along with them. They are the ones who will mostly be carried away by dumps. Look at those who learned from experience, they never flinch when seeing a red market.
I know Bitcoin is going down but that does not make me lose faith in Bitcoin. I knew Bitcoin for the introduction of a friend, and then I found out that Bitcoin had a very clear potential. So my belief in Bitcoin is great and I will continue to keep it because I find it has great growth potential.
266  Economy / Speculation / Re: Why is Bitcoin's daily price fluctuations getting smaller and smaller? on: July 17, 2018, 11:02:10 AM
This is because market price could barely get a good market price raise and many people also with huge amount of investment had gone day trading. Aside from that there are also huge investors coming from different individuals and do the same that is doing day trading and that would make bitcoin market price had a smaller fluctuations because it is only day traders made that fluctuation.
I think the price volatility of Bitcoin is getting smaller as it has attracted the amount of investment needed to reach a steady state. It is no longer a new school that can yield huge profits and surprises. Now there are more participants and it needs a different plan to continue to grow in the future.
267  Economy / Speculation / Re: Does the bitcoin have a future? on: July 17, 2018, 10:54:17 AM
Bitcoin has progressed day by day without government support. because of the support of the people and their confidence in this currency, also the blackchain system worked so well that more people invested and earned profits every day. a bright future is awaiting.
Bitcoin really has a future when it has proven to be what it can do. Many people have recognized the effectiveness of Bitcoin trading. It saves them both time and money, bypassing the middleman. Bitcoin also allows users to control their own assets and secure information.
268  Bitcoin / Bitcoin Discussion / Re: Bitcoin failed as a currency on: July 17, 2018, 10:34:30 AM
Bitcoin is not failed as a currency. We just need to hope that bitcoin will rise again. It's just part of the life of the bitcoin. It goes down and goes up. It will be back and make the people use of the bitcoin as a currency. I'm just waiting for it and hoping that it will be soon.
I do not have a general prediction with you. My personal opinion is that Bitcoin has a huge potential for becoming a currency. I made this prediction based on the potential of Bitcoin and what it has done. Actually Bitcoin has been used in many transactions and it makes this process faster and safer.
269  Economy / Economics / Re: Gold & Silver are safe than bank deposits ?? on: July 16, 2018, 05:34:07 AM
There is a possibility of depreciation of the deposit in legal tender, because the fiat currency is a reaction to the economic situation of the country!
The price of gold and silver is determined according to the world's macro economy. Silver and gold are products that are more valuable than other varieties!
I think if you plan to keep your assets safe, gold and silver are safer options than bank deposits. Because gold, silver gives you the right to take ownership over your possessions. Control and use as desired. When depositing your bank, there are regulations to control how much you want to withdraw from the bank you have deposited and trust that they will safeguard your money.
270  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin making the world go crazy? on: July 16, 2018, 05:27:37 AM
actually the 20k USD shock is what makes Bitcoin the center of attention
a change in price from 6k to 20k within 2 months, is a craziest surprise
but now BTC is only moving at 6k numbers, and I think the normal price for BTC is 6k
Bitcoin not only made the world crazy but I also noticed excitement. It can be profitable overnight and may soon drop. That uncertainty makes many people anxious and many hope. When Bitcoin drops, it's a promising time for a profitable return in the near future.
271  Bitcoin / Bitcoin Discussion / Re: Why bitcoin requires approval from countries ? on: July 16, 2018, 05:23:04 AM
Germany recently approved bitcoin, why exactly is the approval required and what will happen after approval ?

It really requires to approved bitcoin by the govermment to be legalized, because there is some transaction that needs the government to know and I think there is so much opportunities to be planned if the approval is done. Nevertheless, it is really good if bitcoin can be recognized it can be used legal and freely just like other currency all over the world.
Bitcoin requires approval from the state as it will make it widely and strongly invested. As such, it will achieve certain stability and value as a currency. People will switch to using Bitcoin at this time because it makes transactions faster and safer. I think governments will soon accept Bitcoin.
Bitcoin is still experiencing many fluctuations in the market. Although its potential is huge, this steady decline in prices can make it very difficult to find the source of investment and the opportunity to be seen as a currency. Therefore, Bitcoin's request for government approval is an important decision in its search for stability and sustainable development.
272  Bitcoin / Bitcoin Discussion / Re: What if Government bans Bitcoins? on: July 15, 2018, 02:09:26 PM
BTC is unstoppable via its tech -blockchain-

How can governments ban that technology regardless it's BTC or another crypto? They absolutely have to shut down all Internet connection. Is that possible for today's world? NO... So the BAN process is not permanent and partial as we see on some governments.

No worry States and Governments have to deal with Blockchain ad Crypto World  Wink
If the government bans Bitcoin, paper money will continue to circulate in the economy as it is now. The government will continue to control every transaction and personal information as it is now. The bank will still receive cash inflows every year. And we will face more risk when trading or depositing against Bitcoin.
273  Bitcoin / Bitcoin Discussion / Re: What factors scare others from investing into bitcoin? on: July 15, 2018, 01:58:18 PM
There are many factors actually. First, like what you already stated, bitcoin is volatile. And it's very risky, and uncommon as well. Not many people really know and dare to try investing in bitcoin. And also there are many bad news about bitcoin that may influence people's perspective. Government also sometimes show their opposition to bitcoin, like banning or claiming it illegal that make people consider again if they want to invest in bitcoin.
Also, it's anonymous and risky investment, that might worry some people about the safety.
Fluctuations are probably a factor that makes other people afraid to invest in Bitcoin. Bitcoin prices have been rising for some time and are now down. However, this is not unusual for any other investment. Especially when Bitcoin shows tremendous growth potential. It would be a shame not to invest in it.
274  Bitcoin / Bitcoin Discussion / Re: Which one do you choose? on: July 15, 2018, 01:50:29 PM
Many of us use bitcoin only in exchange/trading site, while bitcoin should be more used in marketplace/online shop. Which one do you choose? Do you prefer to use bitcoin on a trading site or marketplace/online shop? And why do you chose that?





In my own opinion, I prefer to use my bitcoin in trading site or marketplace and online shop because it can give me a lot of profit. I think it is much better to choose the trading sites because in my own experience it gives me profit.
I like to pay Bitcoin for everything I spend on every transaction in the market and store. My transactions with Bitcoin are very fast and secure. Paper money is not as convenient. However, some places do not have Bitcoin payment so I usually pay with paper money.
275  Economy / Economics / Re: What will happen to bitcoin? on: July 14, 2018, 01:52:26 PM
I think we should keep thinking positively about bitcoin and we should also know that bitcoin prices are always changing and it is already a risk if we decide to invest in bitcoin, and the bitcoin price will not go down forever but it will definitely go up again and it will profitable
better risk of bitcoin is better now we face, and we also do have to think positive about the state of bitcoin at this time. despite the circumstances that are so damaging. we must also remain grateful.
Bitcoin as well as any other investment, it has certain fluctuations and risks. But there must be a reason when someone is investing in it even if prices are falling. This is due to its huge potential in dealing with and storing assets. Bitcoin is still improving so it is sure to soon increase again.
I anticipate a bright future for Bitcoin. It is a bit dark now that Bitcoin prices are falling. But with the potential of it, this is an opportunity for anyone to seriously think about pouring money into it before it goes up again. There is too much potential for Bitcoin prices to rise again compared to what is happening.
276  Economy / Economics / Re: Why Big Banks are so Nervous About Bitcoin ? Why ? on: July 14, 2018, 01:48:30 PM

There was a time where Bitcoin was not even on the radar, it was a novel idea that was primarily used by thieves and drug dealers on the dark web. Nothing to be afraid of in terms of holding a monopoly on money.

However, that same little upstart is now disrupting the system of things; from Bitcoin and other cryptocurrencies, ICOs and the ever impressive Blockchain technology. This is now a legitimate threat on traditional banks.

Banks have existed unchallenged for hundreds of years, and that is the key issue here; Bitcoin, backed by a solid platform such as Blockchain technology, is a ghost that is incredibly hard to control due to its decentralized nature.

The power and control of money is being ripped away from traditional institutions, which can also be seen on Wall Street. Some of these traditional investors are siding with what could be the future, while others vehemently denounce it.

Individuals can now enter into direct peer-to-peer trusted exchanges with strangers. They no longer need a central institution to vouch for the other party.

Just like the fax machine, the library, even metered taxis, new technologies have come along and made others obsolete. Banks are now in the sights of Bitcoin and are in their death throws, as they lash out with the power of states behind them.

However, there’s no stopping progress, and even with state-backed regulations trying to wrestle the money of the people under control, banks have every reason to be nervous.

Full news https://www.cointelegraph.com/news/why-big-banks-are-so-nervous-about-bitcoin
I think big banks are nervous about bitcoin because they think everyone will not be using banks anymore if blockchain technology have been approved by the government in every country. That is why big banks are thinking other ways for them not to be removed by bitcoin.
It is easy to understand when banks are worried about Bitcoin. Who would have been in the bank sometimes also have difficulty in terms of time as well as fees incurred, including staff attitude again. Bitcoin completely eliminates third parties and the above issues. It allows users to proactively grow with their assets.
277  Bitcoin / Bitcoin Discussion / Re: Which one do you choose? on: July 14, 2018, 01:39:09 PM
As an endorse for bitcoin, I opt to use bitcoin for on-line shopping if the men and women operating the online shops acknowledges bitcoin. I suppose by so doing, different peoples gets to recognize of the significance of buying and selling with bitcoin. this could help boom the demand in bitcoin with the intention to in turn growth bitcoin price

I am willing to pay Bitcoin in my transactions on the market and online. However, I am currently using parallel paper and Bitcoin to pay my bills. Bitcoin is more efficient than paper money, but it is not widely recognized.
278  Economy / Speculation / Re: Bitcoin expectation end of 2018 on: July 14, 2018, 01:52:02 AM
 Bitcoin at the end of 2018 still has a low price compared to the end of 2017. I guess that at the end of the year the market will not be pumped anymore. Because the whale's strategy is manipulating and causing the market to go down severely for a long time. Make the traders become discouraged and sell their coins.
So we should recognize this early and hold on until the market is up again.
279  Economy / Trading Discussion / Re: minimum amount to start trading? on: July 14, 2018, 01:49:31 AM
What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?
The minimum amount to trade in the Crypto market is around $ 2k5. I think it is a reasonable amount to invest in ICO projects or invest in altcoin to make a profit. I think we should use the extra money to invest. Because if you invest in your living expenses you will be very worried and that is not a good investment.
280  Alternate cryptocurrencies / Speculation (Altcoins) / Re: No Bull Run in 2018? on: July 14, 2018, 01:44:55 AM
No Bull Run in 2018?

I am just wondering what will happen to the cryptocurrency market if there will be no bull run that can happen before the end of this year as what many have been expecting? Can we then anticipate a much lower market volume or will there be instead a big rebound like a market revenge? Or should we start watering down our expectations as soon as possible?  I have been thinking of the possible scenarios because I can sense that many cryptocurrency players and holders are really looking forward for a bull run or a bullish market soon...what do you think?
We should deny the expectation of a pumping into the Crypto market in 2018. If that's easy, then anyone can get rich easily. Remember, strong pumping is not a natural thing, it's a whale's strategy. So they are not foolish until the end of the year to inject money into the market for the traders to become rich. Smiley
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