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301  Bitcoin / Bitcoin Discussion / Re: Warren Buffett ! on: December 26, 2017, 10:14:54 PM
With all due respect to the man, i am still looking up to him when it comes to investing, his ways has been proven through time, i guess if if also had tried to venture in cryptocurrency he will be shocked on how fast his system would work, but thanks to him a lot of investors in crypto currency today, uses his styles on how to invest and more likely than not, also have the same result and that might be the reason why he did not push crypto currency, since it will only show that bitcoin is not a bubble. Though he did not invest in crypto currency and say that bitcoin is a bubble, people still uses his ways and his reasoning why they invested in bitcoin, and there is a high chance that there will be a warren buffet in cryptocurrency.
302  Economy / Speculation / Re: Bitcoin. Now it's all about the buyers on: December 26, 2017, 10:51:52 AM
From what i see, bitcoin will be having a hard time of gaining back its value of 20k usd, there is still network congestion, we are also having problems with the fees, i think once the fees has been corrected and lowered, people will be starting to use bitcoin as a currency again. There is also the issue of more users, few miners, if the problems could be addressed, more and more people will get back to bitcoin, but since the altcoin rush, i think people are beginning to see that there are other alternatives than bitcoin, still we need bitcoin in order to do other transactions. Hopefully the cogestion and fees will be addressed in order for more buyers to gain cofidence with bitcoin .
303  Alternate cryptocurrencies / Altcoin Discussion / Re: 25k Into ETN on: December 26, 2017, 10:14:00 AM
I prefer if you diversify. The market is volatile and we cannot predict what will happen in the upcoming months, just I ke what had happened to bitcoin, earlier this month, the just keeps increasig but then the network got congested, in which we do not have control, and that's the reason why altcoins' value had increasd,  we can learn from this, we needed our digital assets to be diversified, so if one coin will will loose its value, the others could compensate, it will just be up to you to check which investment will be best for you.
304  Bitcoin / Bitcoin Discussion / Re: Damn fees! on: December 26, 2017, 03:52:52 AM
i think this is due to a lot of transactions happening daily and the hr number of miners are still not increasing, ever since the value of bitcoin had reached 20k usd, there has  been a congestion in the network and the fees had started to rise, i think miners should also adjust at this time, since the value of bitcoin had dropped. in my opinion, the number of miners should also increase, in order to aid in the congestion of the network, if the fees are still high and there is congestion, people will look for another currency to replace bitcoin and this may be bitcoin's down fall, though it has a high value if not being used as currency and if people are having a hard time during transactions, the value might remain the same, but will be overtaken by another competitor.
305  Bitcoin / Bitcoin Discussion / Re: Any specific trends for 2018? on: December 26, 2017, 02:51:49 AM
i can see that the trend for the year 2018, is that hodling of bitcoin will no longer be an option for most of us, since bitcoin's value will be going down, i do not see bitcoin going back to having the value of 20k usd any time soon, rather it will lead people to invest more on altcoins and do trading, since we already had seen the boom of bitcoin this year and the drop of altcoins, but before the year is about to end there has been a shit and i think, people are now beginning to see what block chain technology can offer us and it is not just bitcoin. 2018 might be the year, people will accept digital currency, rather than only bitcoin.
306  Economy / Speculation / Re: SELLING NOW = THE PEOPLE WHO SOLD WHEN IT DIPPED FROM $1000 TO $200 on: December 22, 2017, 10:42:47 AM
Those who panic sell their bitcoins, are those who lack discipline in doing their research, but we may never know the reason why they did it,  still if you are.goin to invest into a volatile environment, in this case cryptocurrency, you should be ready to loose what you have invested since it is very volatile, the price may go up more than 10 folds and that is what had happened within this year, and also be ready that you return will be zero. Keep in mind bitcoin is for everybody to use but not everyone can handle the volatility, keep on studying and you will see ways on how you can earn more.
307  Economy / Speculation / Re: Reason behind Bitcoin Dip (Crash) on: December 22, 2017, 10:09:19 AM
I am also considering the season we are in now, it is christmas and normally people will not care how much money will they burn, as lon as they can see everybody happy, when we breached 20k usd, the transactions we're already updated though it.has reached that high, there was more congestion, unlike before reaching 17-19k usd. One thing i also see, is an opportunistic approach to increase bitcoin cash, the founder of bitcoin.com, sold his bitcoins in order to increase the value of bitcoin cash, and the news on youbit, a sokor exchange, which the media spread like wildfire.
308  Economy / Economics / Re: If You Hate Poverty, You Should Love Capitalism on: December 22, 2017, 12:31:59 AM
It is true, capitalism is not a bad idea, it will help you improve your finances, if you really want to be out of poverty it is for you, but make sure that you know what you are doing. In the past, they are saying that capitalism is bad, that is because there are a lot of huge companies that had started to monopolize their market and tried to take over the small businesses, but in reality, capitalism is a good idea, but there are just people who are greedy ans wanted all for themselves.
309  Other / Off-topic / Re: Diversify into real estate on: December 21, 2017, 09:49:15 PM
If you already have enough bitcoins with you, it is nice to include in your portfolio a real estate or estates, since we all had gained profit with cryptocurrency, we need to cash in sometimes, knowing that the market is volatile, it is still nice to have a roof above your head. It is true that digital currency is the future, but we also want that future to be safe for us, let us include real estate in our investments as well, in that way, we can say that our money is working hard for us.
310  Economy / Economics / Re: How does bitcoin contribute in global market ? on: December 21, 2017, 09:20:37 PM
Bitcoin can contribute a lot in the global market theoretically, it can give more profit to everyone and also it can help in increasing one's profitability or net worth, as well as businesses, however bitcoin still remains to be a volatile investment, that's why we cannot yet say that bitcoin has contributed a  lot in the global market, but if companies already accepts bitcoin, then it can be use as global currency and can contribute more in the global market, as far as things goes, the technology of bitcoin, which is block chain, is the the major contribution of bitcoin.
311  Economy / Speculation / Re: Bitcoin Price Prediction!! 31.12.2017 on: December 21, 2017, 08:36:51 PM
With all the FUDs and negative news around, i think the price of bitcoin will range around 15 -17k , since that will be the correction price and now that we have more bitcoins out in the market, more investors will buy bitcoin, since it had proven itself that it can survive through time, and just within this year the value of bitcoin really rose up, and now other coins are rising up, giving more options for investors, still we need bitcoin in order to use for other transactions and is widely accepted, altcoins will have to undergo the process that bitcoin had went through in order to gain the value that bitcoin has now.
312  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin is DEAD for small payments, Bitcoin Cash is the FUTURE on: December 21, 2017, 10:34:47 AM
For small payments, i think, yes, since the fee is much higher now and confirmations are taking too long, however for bitcoin cash, it is much faster, considering the fact that thetr is no congestion yer it their network. Personally, i would still use bitcoin in my transactions, though both have the same traits,  bitcoin's advantage is, there is no one ceo trying to control it, like bitcoin cash.
313  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin More Important Than Ethereum ? on: December 21, 2017, 06:50:10 AM
From what i see, both are important, bitcoin is becoming an asset already rather than just a currency, we can see it by looking at its value, though there are some people who sell their bitcoin in large quantities, still bitcoin is bitcoin, then for ethereum, we need ethereum for other transactions, personally for gas money, if you want to have altcoins, you need ethereum on hand. Both are crucial in the cryptomarket, though there are other altcoins that are competing with value, still we need the essentials.
314  Bitcoin / Bitcoin Discussion / Re: when you try to explain people about cryptocurrency do they understand? on: December 20, 2017, 10:38:24 AM
At first it is really hard to make them understand, unless they are really willing to listen, i had encountered people who keep on asking about bitcoin, but never do their research, rather they want me to spoon feed it to them, and every time that i do, they keep on asking the same questions, is it as good as investment, when will they get their money, how much should they invest, and every time the market goes down they tell me, its a good thing they didn't invest since it is dropping and whenever the market goes up, they tell me, why didn't forced them to invest when the market is down, the situation may be funny for us, but for them, i see its a lost. It is also easy to explain cryptocurrency to people who are alredy investing, since that's what we all want a market with high returns.
315  Bitcoin / Bitcoin Discussion / Re: Unbelieveable , ( 2018 ) Is The Year, Central Banks Begin Buying Cryptocurrency on: December 20, 2017, 09:54:06 AM
This article had been spreading in the internet like wild fire, what should we do is to stay calm and wait for them to make a move, if you come to think of it, if central banks bought out bitcoins, the vale of the remaining bitcoin will increase, i doubt that they can buy even half of the volume of bitcoin, if they did, that country will have an excessive national debt, and why would the people wany their bitcoins to be taken from them, they already had stolen the gold that we had in the past, if they want to protect the people, they should look over on exchanges and not meddle with one's privacy.
316  Economy / Speculation / Re: BTC gone down today on: December 20, 2017, 03:57:13 AM
it is true that bitcoin's price went down earlier today from 19k usd down to 16k usd, but in just a few hours it had regained it strength and is now at 17k usd, which i think is correction, since the price had gone up to 20k usd, we also need time to bu bitcoin at this point. one reason i also see, is people are starting to trade, since bitcoin's price went up, value of altcoins had been crashing, and now bitcoin had a slight dip and the value of altcoin's rose, from what i see, this is just normal to investing, like in the stock market, you buy blue chips, once it rises, sell it then but penny stocks to gain more potential profit, in this case more profits with altcoins, and once the price of altcoins had risen there is no way but down, and the price of bitcoin will go up, since people already had gained profit from the altcoin market, they now have a lot of buying power to buy bitcoins.
317  Economy / Trading Discussion / Re: you need to overcome your fear of losing money on: December 20, 2017, 12:46:15 AM
It is true, we need to overcome our fear of loosing money, if you hold on to it and not invest, you will need to battle inflation in the coming years, without investments and passive income you might loose in the long run. You should treat your money as your friend, it is true that money you save today will save you in the future, but money also grows old and losses its buying power, in other words, the cost of living will be much more higher inthe future than today, you need to take risk in order for you to be successful in life, and even if you fail investing today the lessons that you have learned will help you in the future for you to be more successful, specifically bitcoin, the capital gains it can give can also be enormous than any other investments.
318  Economy / Speculation / Re: ⛔️⛔️⛔️ Is It Time To Cash Out The Profits? ⛔️⛔️⛔️ on: December 19, 2017, 10:39:23 PM
It depends if you want to cash out by this time, if you do panic selling it will be your lost, you should know your risk first, if you cannot handle the slight dip, then cash out, then come back after a few moths or weeks and check if you did the right thing. One thing i see that also contributed to the dip of the value of bitcoin is, after breaching the 20k usd mark, a lot of people seem to put their money on exchanges, thus an increase of the prices of most altcoins, since it will also profit them, but if you are new to investing in cryptocurrency, better to reearch first and study the market not only for bitcoin but for altcoins as well and you will a significant relationship between the two.
319  Economy / Speculation / Re: The rocket is coming...Time to Buy BTC $$$ on: December 19, 2017, 09:59:17 PM
I believe that by the 2nd quarter next year bitcoin may have maintained its value of 20k usd and above, since we are now on a price dip and if we look at the altcoin market, most coins have a good gain at this time, and as we all know when it comes to investments, once the value breaches a new high, sooner or later it will go down for the correction, just like what had happened with bitcoin now, we had breach 20k usd and now the price is undergoing a correction, the same will also happen to altcoins, the gains from altcoins will just be transferred to bitcoin and it will increase its value and hopefull will maintain a value over 20k usd.
320  Economy / Trading Discussion / Re: Is bitcoin a boom for debt ridden countries ? on: December 19, 2017, 11:01:37 AM
Yes bitcoin is a boom for debt ridden countries. It will only need the right way on how they will use it, if we take a look at one of the giants in asia, like japan, they may be rich, but the value of their fiat is not that high, and using cryptocurrency will only help them to have more gains in the future, if.we take a look at it, even their banks had produced their own altcoin, it will take discipline from their people in order for it to be a success. We can all learn on how they do it, and if a country like japan sees that their will be more profit in the future, we can say that investing in bitcoin do help in getting a country out of debt, and we can also say the same with zimbabwe, considered to be one of the poorest country, what they only need is for all of its people to have access.
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