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2801  Economy / Speculation / Re: BIG HOPE FOR BITCOIN on: June 11, 2018, 08:30:11 PM
Bitcoin is a crypto currency, all currencies make upward and downward trends from time to time. Bitcoin is and other Crypto currencies are taking over the world economy. See every dip as an opportunity to buy more.
Invest now and smile at moon

That's the best thing any investor or holder can do. Bitcoin shows dips and dumps as part of its normal trend, and so, if you really are a true believer, then the best way to hold onto such belief is by trusting and hoping that it can always climb back up after the dumps it has showed. Also, if you have been following the market closely for the past several years, you can see that that's just the trend Bitcoin follows, especially in the past several years, so even if after months of continued dumps and people begin to say that it will be the end, the best way to deal with things is just by being patient.
2802  Economy / Trading Discussion / Re: best coin for long term investing on: June 11, 2018, 08:20:08 PM
please tell which is best coin for long term investments
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It's Bitcoin for me, although there are other coins that could be used or invested upon in the same manner. Since you didn't qualify the question, then it's straight up Bitcoin for me. It has the best value, and nowadays, especially, knowing the trend that Bitcoin follows wherein it goes dormant for a while and only show dip after dip for months at a time. Then, surge back up in value after, say, six months to a year, I would say that it's the perfect coin to be held because it can give ample profit as well.
2803  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bounty hunters should be paid in ETH on: June 11, 2018, 08:10:06 PM
Many of ICOs allocate some of the tokens to participants in bounty campaigns. Don't you think it is better to give bounty participnats reward in ETH?
1-2% of the money raised is not so much and bounty participants deserve that. Also, it can cause more investors to attract. Because they are no longer worry about the price fall after bounties are paid.


Although that would be a dream come true, and I would like that to happen. There's not many projects that actually use Ethereum directly to pay their campaigners. We have to keep in mind that ICOs or similar projects under development are started to actually bring their own coins or tokens in the market, and to gain support from people. Therefore, it would be unlikely to have more projects actually use Ethereum directly to pay their people. Anyway, once you get the tokens and it's registered in the market, it's usually in Ethereum where most of the rewards are traded too, so it's actually in the process, but indirectly.
2804  Economy / Economics / Re: I almost lost my rock solid regular job because of crypto on: June 11, 2018, 08:01:55 PM
Like the title says, i almost lost my regular job as a software developer today when my boss reviewed my work. The job has been able to economically provide a comfortable life for me and losing it would really be a big hit to my income. I almost lost it because i spent so much time learning about everything crypto (mining, trading, bounties, etc.).

Has anyone else experienced this? I just feel pretty lucky I was given another chance and want to remind other people that having a regular job is much better than relying on the volatility of cryptocurrencies. Make sure you prioritize your work!


Can't blame you mate, although you are the one that almost chose to leave your job for cryptocurrency venturing, I understand where you're coming from. I know and see the benefits if you would focus on this market; however, on the other hand, it's just to hard to rely on something that can be so unpredictable and volatile, especially when you are talking about funds that would support yourself and your family. Therefore, the better way here is to still keep you job and continue on your ventures many similar to like of a part-time job.
2805  Bitcoin / Bitcoin Discussion / Re: Real life usage of bitcoin on: June 11, 2018, 07:52:18 PM
the fact that it is mostly used for speculation, and the fact that you have not yet seen or maybe looked for its usages doesn't mean it doesn't have them.

Growing and building your own business has never been so easy thanks to Bitcoin.

it is easier with bitcoin! and it actually will be a lot more profitable if you do it with bitcoin because there is a lot of room for new businesses that already exist with fiat but not with bitcoin.
take a look around you and you'll see a lot of them who are thriving:
- payment processors such as Bitpay
- gambling sites: just look at some of the signatures and how much those websites are earning!!!
- online shops: there are a lot of them selling all kinds of stuff, from digital small goods such as gift cards (Gyft.com) and games,... to bigger physical goods.
- exchanges
- web wallets that control the private keys such as XAPO and Coinbase
- bank like services that are issuing debit cards for bitcoin.

Good list mate, I think that's a few of the many uses of Bitcoin. However, if you would go down to the bear minimum, then I would say that people more so use it as an investment or trade medium than it's original function as a currency. Right now, the weakest and most basic way to use it is to use it as a means to pay for some goods or services, provided that, the company accepts such payment. More people who are in possession or cryptocurrencies use it as a means to invest and trade rather than like that of money, simply because it would be more gainful that way.
2806  Economy / Trading Discussion / Re: Buy in or opt out? on: June 11, 2018, 07:40:14 PM
With the markets experiencing a fall that kicked in around 24-hours ago and Bitcoin falling down to the 6,700$ mark, would you buy in or opt out?

Don't jump the gun just yet mate. First off, take a look how long the dip has been running, if it has a sustained phase over the last few weeks or even months, that's usually a sign that it can go lower or it may start to catch fire to increase again, therefore, the better move here is you should be in the middle, try to get it in a value that would not hurt you too much, but just right to get you enough assets so you can either use it in investment or trade aggressively, or if you plan to hold on to it, you can get a considerable amount of profit.
2807  Alternate cryptocurrencies / Altcoin Discussion / Re: I want to ask, what is the name of altcoins that can beat bitcoin on: June 11, 2018, 07:30:28 PM
so far there is no altcoins that can beat the bitcoins from the first rank of coinmarketcap, I want to ask you, what is the name altcoins that can beat bitcoin?

As of now, I honestly can't think of any that has that capacity, marketability, much less price point to beat Bitcoin. Bitcoin is such a big name in this market that it's very hard to overcome it. It has been present for a while now, and it has shown people lots of characteristics for them to believe and trust in it. Some may have shown good trends like Ethereum and Bitcoin Cash, but they still both have to improve leaps and bounds before any of them can be dubbed the altcoin that can beat Bitcoin.
2808  Economy / Economics / Re: Why I am not sharing my crypto love? <3 on: June 11, 2018, 07:20:47 PM
I wanted to say that I have stopped sharing my crypto interest with close mates of mine.
Because they will became greedy and jealous for that money they could have too.
But the problem is that they are seeing a results of hard intense and long work! My tokens sometimes costed me like 3 months of work, (not the hardest, but anyway).
And the are saying then - teach me how to do that! Teach my now in half hour! So I would have my $1000 tomorrow!
And then they are trying to do something here for 5 days, nothing comes so fast and they give up,
also the relations are harmed...

Thanks for your attention folks! Nice days!

There's nothing wrong with sharing mate. However, nowadays, unfortunately, there are more people who are doubtful towards cryptocurrencies rather than supportive. I have actually experienced the same situation somewhat. When I was starting, I tried to somehow "recruit" other people to join in the cryptocurrency wave, believing that it can help them prosper. However, I have come to know and see that it's just hard to convince someone who is not interested and is not willing to learn what needs to be learned in order to take advantage of the things the cryptocurrency market can give.
2809  Economy / Trading Discussion / Re: Trading or not? on: June 11, 2018, 07:01:21 PM
If I lost most of my capital in one coin, I will hold the first to coin it up again, whether it can be called trading or not?
Give your opinion Smiley

Well, instead of calling it "trading", I would coin that more on the "investment" side of things because you are not actually trading or actually exchanging any coins for another. Instead, you just hold onto one coin, similar to like starting one business, and then, waiting for it, with proper action of course, to prosper and be successful. The factor for it to be considered as trading is if you are actively exchanging coins, seeking for those coins that have better value than the ones you are holding. Also, it should be done with diversity of coins in your hands rather than just one.
2810  Economy / Trading Discussion / Re: Which one is a better investment Bitcoin Or Ethereum, on: May 30, 2018, 10:50:33 PM
Hey there! Since you are new, I suggest trading with Bitcoin, as it is the first cryptocurrency and widely accepted by many. It seems to be growing a lot lately, so it is still a good investment to date.

Once you familiarized yourself with the crypto world, you can check out other altcoins, airdrops, ICOs, and many more! Smiley As for investing Bitcoin, get a good Bitcoin Wallet, like CoinBase, or for more security, Electrum, Mycelium etc.

You can get Bitcoins from exchanges, so try to search them up to know better. Good luck!

I agree, there are so many other coins that could give you good returns more than Bitcoin or Ethereum. However, since the premise of the question is the comparison of the two. I would side with Bitcoin because of the many characteristics going for it. It's value, popularity, marketability and usage rate are all reasons that makes it better as an investment compared to other coins. However, I am not discrediting Ethereum, for it also has it's perks going for it.
2811  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Do you believe in ICO Ratings? on: May 30, 2018, 10:40:26 PM
I see many Websites that provide ratings for ongoing ICOs or for the future. Examples such as the ICObench.com Website, ICOrating.com and others.

Which is my question whether you believe in the rating provided by the website. Seeing many ICO's do not match what they value. Many ICOs are arguably good ratings but when the token sales of the project only reach softcap. And there are projects that I see have a fairly mediocre rating but their token sales reach hardcap. I took the example of Lalaworld on ICObench.com they get Rating 3.7 but their token is sold out.

So let's discuss ICO Rating!

I give it some thought and consideration, but to say that I base my decisions on which ICO to actually invest or join in, I don't. Although the comments and reviews posted there are actually from verified and seasoned sources, at the end of the day, your investment is on your hands. If you would have another person decide what's best for you would be improper, especially when it will lead to a loss when the only person you can blame is yourself.
2812  Economy / Economics / Re: Becoming wealthy and social responsibility on: May 30, 2018, 10:30:13 PM
While I don't have many posts. I got involved in Bitcoin in 2013 and joined this forum in 2014. While I do not consider myself wealthy from Bitcoin yet. I do have an idea of how I would like to direct some of this new found wealth. I think most of the people who got involved early got involved for the right reasons. IE: To change the world and move humanity out of the control of the bankers. I am concerned that the new people coming may only be in to make money. I hope I am wrong, I really want this technology to be a force of good in the world and deliver economic freedom to the masses and the unbanked. My hope is everyone who was early, has some idea in mind that will help others. Maybe help your family, or a charity that you think isn't wasting money, or building a community swimming pool etc. If you have a lot of money think big and how you can change the world for the better. This is our chance!

I think that is an important of being wealthy. Unfortunately, not very many wealthy people don't consider that as something important because of the fact that they want to extend their wealth more and that usually entails being greedy or having to keep their wealth to themselves in order to gain more of it. Also, people tend to change and be particular with power when they are wealthy, and so, to keep that status, instead of having the responsibility to share it or help others, they choose to turn a blind eye just to ignore that reality.
2813  Bitcoin / Bitcoin Discussion / Re: Why people are still buying Bitcoin? on: May 30, 2018, 10:20:22 PM
If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.

Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.

I am buying because I know that it will go back up in the end. it's just how the market cycle unfolds every time. Bitcoin dumps for months, and then after that, it will again regain what it lost and surge thus doubling or tripling is current value. So, it's mostly just a matter of faith and patience. In this market, those who have both those attitudes would be the one to be successful in the end. It's just a different animal to deal with compared to the other markets that it is similar with.
2814  Economy / Trading Discussion / Re: Trader Future life? on: May 30, 2018, 10:10:18 PM
trader life in future because he has passed a difficult period as a trader who must withstand the burden of psyokologi owned and practice trading patiently and understand all the contents of trading therefore until the time he can live with just bertrading. if we want to success in trading word we must try like a professional how they make a big profit in trading

I think a trader before he or she can lift his feet off the throttle. He must first reach a point where his investments, by way of his trade transactions, would begin to work for him. When a trader reaches a point when he will be relieved of checking the market every time to a more relax and every-now-and-then phase, then that would mean that he has found success. However, right now, that's very difficult to do because so many coins are not doing good.
2815  Economy / Economics / Re: Why the price of bitcoin rapidly going down on: May 30, 2018, 09:50:33 PM
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley

Yes, Bitcoin is temporary. Bitcoin prices are going down fast because there are so many rumors about recent Bitcoin being heard. France and South Korea banned Bitcoin As a result, other countries are afraid of bitcoin. As a result, Bitcoin prices are much lower in the current market. Which is $ 8K below. Which is a bit disappointing for Bitcoin users. Moreover, Bitcoin is a currency. It is normal to increase the price of bitcoin. If we look at the record of 2017, we can understand how much the price has increased. In particular, in the end of 2017. But the prices are very low in early 2018. Some people think that the prices of other types of currency are increasing. It may be said that everything is going to be reduced bitcoin. But very soon the bitcoin will become valuable.

I think you really need to check the market closer and more carefully. In the past years and even just in the past couple of months, there have been so many changes, ups and downs and movements that have contributed to the rapid rise and fall of Bitcoin value that, right now, people who have actually observed it has been used to that. It's just how the market works, and so, if you would not find a good strategy to help you go by when the market is not doing good, then it would be hard for you to survive in this market.
2816  Bitcoin / Bitcoin Discussion / Re: Bill Gates: I would put against bitcoin on: May 30, 2018, 09:40:19 PM
American businessman Bill Gates again spoke out against the first crypto currency: in the Squawk Box program on CNBC, the co-founder of Microsoft called bitcoin one of the most speculative things in the world. This slightly tilted the course of the coin on Monday, May 7, but today it is still in the green zone.

"I would oppose bitcoin if there was an easy way to do this," said Bill Gates, co-founder of Microsoft Corporation in CNBC's Squawk Box, on Monday, May 7.

    "As an asset class, you do not produce anything, and so you should not expect it to rise, it's a kind of pure investment" stupid theory, "Gates said in the CNBC program" Squawk Box. "

     "Bitcoin and ICO, I believe, I believe, these are some of the crazy, speculative things," Gates said. He added that someone once gave him bitcoins for his birthday, but he sold it in a few years.

According to Gates, there is no need to count on the growth of bitcoin's value: "from the point of view of the asset class, you do not produce anything." The largest shareholder of Microsoft considers investing in this cryptonet "the theory of a bigger fool in its pure form."

She claims that money can be made by acquiring securities without regard for their quality and selling them at a profit, because there will always be a "bigger fool." Proceeding from the theory, speculative bubbles grow in this way, which burst with time and bring down the value of shares in a mass sale.

Note that earlier Gates accused the BTC of the death of people, pointing out that the coin is often used to buy drugs. In November 2014, the businessman called bitcoin "a revolutionary technology and the most innovative solution in the modern Internet payment market."

Like many critics of crypto currency, Gates acknowledged that the basic technology of blockchain has its advantages. Blocking eliminates the need for a third-party intermediary, such as a bank, to quickly create a secure, permanent report on the transaction between the two parties. Bitcoin is the first application of blocking technology, and companies are exploring ways to use technology to manage supply chains, trade and other areas.



He has been positive about bitcoin, then negative, then positive again, now he is negative again. What's this guy's deal?
I mean he can't be in it for the money, so why fud?

I think if you would look at the bigger picture. He is just speaking his mind depending on the current status of Bitcoin. However, one thing is clear here. He is updated with what's happening in the market and the movements that happen to it. Therefore, that attention may be said to be a good indication that he can actually effect something in the future that could lead to better days for this market.
2817  Economy / Trading Discussion / Re: Don't hold your coin on exchange for long time. on: May 30, 2018, 09:30:29 PM
If you wish to hold some coin then use exchange only for during exchange. Just exchange your coin and transfer on your personal wallet that you have controlled. Specially you can use hardware wallet.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.
Most of the peoples are holding the investment in wallet only but many day traders only hold the exchanging sites because they are always buying and selling continuously so exchanging site is good for the day traders and others are holding the investment in hardware wallet or online wallet.

That's right. In this market, "time" is really a secondary factor if we're talking about value. It's just so difficult to actually base your investment plan on time because this market is just so unpredictable that changes may come after a short or long while. That happens all the time, which is why, every move here is more of a "case to case" basis.
2818  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it bad for altcoin that BTC is dropping on: May 30, 2018, 09:20:21 PM
Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

A little bit of both I think. It's bad because we know that some altcoins derive it's value and movement to how Bitcoin is moving, and so, if Bitcoin is falling in value, then they would follow the same path and trend. On the other hand, there are also some coins that have an opposite trend with Bitcoin, so if Bitcoin falls down, they go back up. So, to rate if it's good or bad, that would depend on the coins you are holding.
2819  Economy / Economics / Re: why the state does not print a lot of money? on: May 30, 2018, 09:10:52 PM
why the state does not print a lot of money? than debt to other countries. is not it easier to make money than debt and ultimately burdens the state?

whether if printing money will have an impact on the money itself? or will it impact the value of the money in the eyes of the world?

For fiat money, that is not done to avoid making the money like "paper money". For traditional currencies, it should be backed and supported by gold reserves because that nails the value of the currency in a stable amount. Therefore, they only print what they can back up in the circulation so that inflation and other currency-affecting factors won't have such an impact to the currency that may render it utterly useless.
2820  Bitcoin / Bitcoin Discussion / Re: Can We Finally Call This the DEATH of Bitcoin?!? on: May 30, 2018, 09:00:48 PM
Not yet, bitcoin will not die this year. Stop making a statement like that you are just helping those people to bring bitcoin down. If you really believe on this thing you will say positive things about it.

One day I will be back on this thread and tell you that you are wrong, bitcoin will bounce back for sure, just wait for it.

That's right. I think many people, even the seasoned ones, tend to over react or lose faith because of what's happening. However, we all know that this is just how it goes in this market. It's really hard to make everything work because of the many factors and changes that surround the market that may affect it on way or another, mostly negatively. Thus, we just have to be patient and know that there is light at the end of the tunnel.
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