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3161  Economy / Trading Discussion / Re: you need to overcome your fear of losing money on: May 04, 2017, 05:41:29 AM
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

In every game or even in life you'll no be always win sometimes you need to experience to get lose in able for you to learn things and to avoid your mistakes to commit again. Many people are not want to get lose, they want to win again and again and sometimes they end up being a cheater or scammer because of fear of loosing. You need to overcome your fear of loosing so that it cannot affecr you earninga or income in future.
It's important to learn from our mistakes because it is trading, it's a long journey and not like gambling where it is based on luck.
As they say, most of the successful are losers who never quite, so keep pushing and in time you will get what you want.
It's true that we learn from our own mistakes. Here too mistakes won't happen often if we're quite focused towards our target. There are users who lose patience at some point which should never happen while trading. Make a learning with small investment, once you feel good about you make your entry.
3162  Economy / Speculation / Re: $2000 anyone? on: May 04, 2017, 05:28:51 AM
I think it will be $2000 in 6 months or less..

It's not unbelievable but it's not near, there is a difference of $500 which is not very high for those that saw recently the bitcoin price from 1k to 1.4k

But for those that we have watch bitcoin for years $500 means a lot and it's not easy to be achieved.
During the past year same time we were trailing to reach $500 which looked to be a big price. Today everything has got changed, during those days we were all speculating about the ATH that didn't sustained long. Today a sustained growth has happened achieving the new ath. So sure the next target of users could be $2000.
3163  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: May 03, 2017, 06:54:42 AM
The question is whether bitcoin would be accepted as legal tender in 5years time and that time frame is too close for such .

Bitcoin need more awareness, education and the use of internet facilities are important as we know most rural communities of developing countries are struggling with education and the likes.

The acceptance is possible but not in 12years time.

This requires much more years. Bitcoin is not the first year there, and during this time, many have not even heard of it.

Yes, 5 years is not yet enough for all of the people around the globe to notice this coin, it really takes time especially it is a bit hard to figure out and to understand to.
We need now to spread it so it will be popularize by people.
Bitcoin is already popular but only for people who love to be in the online world, there is not use to educate some people
who are not interested with transacting online. I think bitcoin will be popular but not as popular as what we think, I don't see for a reason
that majority of the worlds population will adopt.
There is no strong reason or need to get used by most of the world population by the year 2022. Already the traditional banking system has given them all that they expect and as an evolution people who are much into internet activities actively use bitcoin. Another possibility is that same as Japan if few more Countries legalize bitcoin use more awareness will be there.
3164  Bitcoin / Bitcoin Discussion / Re: Girl gets raided by police looking for bitcoins on: May 03, 2017, 06:38:12 AM
Too bad. This seems to be something strange. The entire story looks to be an attempt to describe something, but till the end it's not clear. Governments of some support as well some deny for specific reasons and with limitations. As said in a quote girls use it commonly for camsex and other anonymous needs. So some truth seems to be hidden in the story.
3165  Economy / Economics / Re: How to teach kids about Bitcoin? on: May 03, 2017, 06:18:35 AM
I will not pressurized my kids to learn about bitcoin at that early stage and I will ask them to have concentrate on studies and have fun in their childhood days instead of getting them into money matters.
I this era's kids are very mature in their very young age, they know the importance of money as they know the importance of education. teaching them about bitcoin in a fun way without pressurizing is not bad.
Kids are much active, but they need to be given the freedom to learn the one interests them rather than just pushing them to focus on a particular thing. This will explore them go out of it at some point. Better is to describe it and if they wish let them start to know more about it. Else let them enjoy the childhood days which would never come back again.
3166  Economy / Speculation / Re: Manipulation finished. Bubble popping. on: May 03, 2017, 05:40:22 AM
Manipulation never comes to an end with bitcoin and cryptocurrencies. Depending on the market capital and the growth experienced the manipulation too happens. The bubble popping is just a outcome and these days the hands of China alone have got down in the price manipulation.

dude this topic is old and someone just bumped it up as a fun thing to laugh at the starter of this topic which is a known troll who is repeating the same thing as price drops. if you read what he is saying you see he is calling the drop down to $300 Cheesy
meanwhile price is testing $1400 resistance.

Topic is about four months old... but still, the subject matter is now as up to date as it was then.
I must agree that there might be a bubble blowing up, but I don't agree with the 99% hypothesis.
And I am sure that during the last months, the diversification of bitcoin has grown and not concentrated amongst a few people even further.
That is one thing that gives me hope why the actual high in price won't lead to a too harsh bounce back.

It looks like this could be a bubble. The price keeps going up so there's got to be a correction at some point.
Bitcoin is not such kind of project that was created to make bosses of the project rich and disappear in a moment.
Bitcoin is digital gold and I think bitcoin waits the same future as gold as we know it. The price will be growing and in some moment the grow will get slower and bitcoin will jump around some price which will be counted like the medium price.
If you look at the statistics of the rise and fall of prices, you can always trace them and their regularity. You can definitely suspect manipulation and fraud.
Right now the ongoing price increase doesn't look to be an price manipulation. It's purely real growth and nothing seems to be an altered or modified price move for the big investors to play and profit by initiating a panic among the users.
3167  Economy / Gambling discussion / Re: How to quit Gambling for good? on: May 02, 2017, 10:18:51 AM
Need to change the addiction for something else

You can choose not to change it and focus to change yourself. Like I did to myself which makes me think that I need to change the bankroll that I use so that I can sustain my gambling habit. I did change that and it change my whole life which makes me could sustain my gambling habit without ruining myself
You are right, changing ourselves is the best option when we feel that we are so addicted.
Day by day, Addiction gone, and controlling ourselves become too easy. By doing that you can change your life to better in this gambling domain.
Agreed, changing ourselves is a good way to sustain in the gambling and giving an end to it. People won't admit or realize their own situation that they're addicted or near to the same. If the user understands it, then with ease one can get rid of gambling without ruining living standards.
3168  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin on: May 02, 2017, 10:06:20 AM
As long as the people that knew of bitcoins or even simply heard about the idea, bitcoin will always be there. Bitcoin can go down and then at some point someone will rebirth the idea of a decentralized money. Bitcoin just can't die easily regardless of mainstream's acceptance. The idea has already spread and people has already replicated it thru altcoins.
Bitcoin will grow rapidly in the future and in the near future the wall street people will invest in bitcoin as bitcoin is being covered by media now a days more frequently.

The future of bitcoin is purely depending on the userbase but it is constantly raising regardless of what are the problems we are having within bitcoin ecosystem. This is due to people are having faith on bitcoin devs to solve those problems over time as bitcoin is versatile enough to adopt any changes.
Maybe the future of bitcoin depends on how it is used today. If it is used well, then in the future everyone will receive bitcoin, and will be developed into the most popular thing. But, if it is not possible the government will consider bitcoin to be illegal. But, bitcoin will definitely be developed into something better.
Every​ day the growth is happening through internet than through other means. Without the use of internet we might be lagging in growth. For the fast moving world without advancement we can't get everything that's necessary for a living. So considering this at some point government will start supporting Bitcoin​ same as Japan government.
3169  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: May 02, 2017, 09:46:48 AM
yeeep indeed holding btc has proved itself to be profitable but its not to the fullest really. if you are out to profit from the crypto market, you'd have to spend your btc and buy some alt for an investment. its how it going to work from now on because of the innovations created by developers.

If you don't want to take any risk of investing your bitcoins then better to hold them for future as you can make good profits even by holding them so if you manage to hold them for next 5 years then you can make good money from it.
Holding bitcoin is one of the most suggested way to earn profit without doing anything or risking our money or bitcoin because holding only has a risk in your wallet but if you do cold storage and it is a safe wallet then there is nothing to worry about. Holding bitcoin will guarantee you to at least give you 50% profit after at least 4 years from now and that is a great percentage of earnings rather than in the banks.
There is no guarantee of profit in holding bitcoin since market is ubpredictable hence it can volatile and it can pump more, no one knows what will happen in future. However, as what I seen in bitcoin now is that, it will comtinue rising its value because there is no huge barrier in sell order.
If there is a guarantee that it will pump more than I don't care if it's volatile, in fact this would help our long term investment because it can surely give good return the longer we hold our bitcoins. Fact says that the price will pump and dump and we are just predicting based on the news and the past trends of bitcoin, so it's a big gamble and although it has been proven than holding is profitable but it primarily depends on your patience.
Patience is required but this should not over rule the trading and profiting activities. Because price dump and pump is common with bitcoin as well other digital currencies. So even while making it as a long term holdable asset when the price move happens need to make trading and can invest further into parallel schemes.
3170  Economy / Speculation / Re: sub 1000 gone forever on: May 02, 2017, 09:22:11 AM
buyers will come in at 1100-1200 on next dip.  you will never again get the chance to buy a bitcoin for under 1k.
Me too strongly believe in this, because to gain stabilty large scale user adoption is required. Right now from the starting of the year the adoption is quiet good and has profited with the price increase even when the sudden dip towards $900 took place at some point.
3171  Bitcoin / Bitcoin Discussion / Re: Anyone else HAVE most or maybe ALL of their money in btc/crypto? on: May 01, 2017, 04:40:22 AM
I don't think that every user makes their entire investment on bitcoin, because it is really annoying at times when price falls unexpected. So it's good to have our investment in different forms to compensate the lose with one another and be profited on holding it for a long time period.
3172  Economy / Gambling discussion / Re: How much have you lost / win on Bitcoin dice ? on: May 01, 2017, 04:05:10 AM
How much have you lost / win on Bitcoin dice ?
I had lost more than 0.06 BTC on dice because I was being a greedy person to got a maximal winnings in one game but that's impossible and went to lose instead.

and where ?
On Bitcoin Dice and if you asking about the site, I had bet on few sites before I can't mention it.
Most of the users experience big loss with dice, but I don't engage into dice much as sports betting is much preferred. I have lost more than 3btc in a short time period but haven't lost the same through dice as I know I'm unlucky to get big winning.
3173  Economy / Speculation / Re: ask for invest in bitcoin on: May 01, 2017, 02:29:44 AM
Anything could happen with bitcoin. Nothing seems to be an assured return, because dumping and pumping is a common thing with bitcoin. Before investing try to learn more about it and then make your own decision than going on someone's words.
3174  Economy / Speculation / Re: Video: Why Bitcoin's Growth is Normal & The S-Curves You Could Never See on: May 01, 2017, 02:10:52 AM
Amazing..it's a great learning tool for anyone starting in Bitcoin.
It's been a long back explaination. Now the situation is much different than the year 2013, so the changes need to be made to the explanation need to be done to the current variation happening with the bitcoin as well digital currency network.
3175  Economy / Marketplace / Re: Cloud mining/Investing or trading on localbitcoins? on: May 01, 2017, 01:13:19 AM
Just forget about investing on cloud mining, because we haven't got any legitimate website in the cloud platform. Making trades through localbitcoins and make profit out of the same. This will be quite good to earn better than just investing into cloud sites where we don't have any security on our investment.
3176  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins rising on: May 01, 2017, 12:59:18 AM
That's awesome. As said in one of the quote if we get a crazy scenario of ETF approval then what we gonna experience is simply big and well most of the users who have got few numbers of bitcoin into the wallet turns to be an elite member or a man who became elite just because of bitcoin.
3177  Economy / Speculation / Re: I've been very busy out spending my Bitcoins on: April 30, 2017, 04:17:48 PM
I just convert it for the spending purpose, because we cannot get all they we desire. Limited products were available for the direct bitcoin acceptance. So to get the one we're looking for its good to convert it to fiat and spend. Now Japan citizens were the luckiest to get more services in exchange for bitcoin.
3178  Economy / Economics / Re: HSBC Bank Helped Terrorists, Iran, Drug Cartels & Russians Launder Money on: April 30, 2017, 03:19:45 PM
Bankers are the modern day bootleggers. If you ever watched the tv show "Boardwalk Empire" you'll understand how big the scam is. They are simply unstoppable because whoever tries to stop them will either get paid or get killed, depends on the situation.

Banks control huge amount of money and money is power. That's how they can pay their way out in any situation.
Bankers are the back bone for every success in country's economy. Banks provide legal service to some extent and at times this will be done in illegal manner. HSBC already have involved in several such incidents of illegal money transfer helping in tax evasion. This is simply a form of corruption.
3179  Economy / Gambling discussion / Re: Cricket match prediction discussions on: April 30, 2017, 01:49:49 PM
What a bad play by the DD to score just 67 runs in a match. Several such matches have been found in this IPL season. Kings Xl has made the match to be won by the 8th over. Hope the next match seems to be good fight as both teams are equal in strength.
3180  Economy / Speculation / Re: if BTC's 'market share' goes sub 50% this year what effect will this have? on: April 29, 2017, 04:08:40 AM
i believe it's very possible bitcoin's 'market share' will go near or below 50% at some point this year.

i'm not pumping alts. most of them are still worthless junk, but that doesn't seem to be stopping anyone. check out all the crazy figures ethereum related icos are pulling off.

personally i think the market share thing is a load of crap anyway, they shouldn't be treated as two sides of the same thing, but i'm wondering if you think this'll affect your own perception of bitcoin and that of others.

i think an absolutely unprecedented alt bubble is brewing that'll eventually implode horribly. it's filling with more hot air by the day. it won't be because of 'bitcoin is failing' fud. it'll be good old get rich quick greed.

i also think bitcoin will still perform very strongly this year but do you think the two markets will decouple completely or would there be some correlation?
If such correlation happens too, it won't affect the user base much as it doesn't have much dependence upon the world market moves. Even at times the entire world economy was under crisis bitcoin was experiencing stable growth. Everything has the possibility but reality is always to the favour of bitcoin, else it could have got vanished long back itself.
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