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321  Bitcoin / Bitcoin Discussion / Re: Is bitcoin is the new era of currency? on: January 06, 2018, 04:36:00 PM
Bitcoin was made to replace the existing currencies. It was made for the people's convenience, so that people can make easy and fast transactions. Track their own transactions and have full control over their own Money that is bitcoin. But as for now, due to it's huge value and really high transaction fee, it is really difficult to say if people might be comfortable using bitcoins for day to day purposes.
322  Economy / Trading Discussion / Re: Is it a good time to start buying bitcoins? on: December 31, 2017, 06:09:23 PM
Right now, buying bitcoins is a bit risky due to the high price which is probably unstable. So It's better to buy some other alternate cryptocurrencies which might be more profitable than bitcoin if your buying amount is little in the alternate cryptocurrencies. As bitcoins price may rise only up to 20% or 30% maximum or maybe more. But there are some other currencies which cost like a dollar but those currencies have some chances of being double of the current amount so the profit you make might become equal to the investment you made.
Good Luck with you journey in crypto!
323  Bitcoin / Bitcoin Discussion / Re: Why is bitcoin the most popular cryptocurrency? on: December 30, 2017, 04:10:56 PM
Bitcoin is the most famous cryptocurrency because of it's current price! Yes, not because bitcoin was the first cryptocurrency, decentralized, fast and all the other advantages it has, but only and only due to it's high price right now! More and more people are starting to talk about bitcoin and starting to learn about it which is making more and more people attract towards it and increasing it's popularity! More and more investors are turning towards bitcoin for investment and due to it, other cryptocurrencies in the market are also getting some attention as everyone who learns about bitcoin does not completely feel safe to invest in bitcoin due to it's unstable high price. So other cryptos also get more investors!
324  Economy / Trading Discussion / Re: Start with Bitcoin or Ethereum on: December 29, 2017, 02:33:54 PM
If you really want to go for trading as a starter I'd suggest trade in smaller coins. Of course bitcoin and ethereum are some big and promising coins, but considering you as new to trading, you should trade with ethereum to be on the safer side, as it has a stable value. Bitcoin on the other side has really high price and also unstable  so it's too risky to start with it.
You should always split your investment, that is you should invest little in different projects, this reduces the chances of huge loss.
And ripple is also one alternate promising cryptocurrency.
325  Economy / Trading Discussion / Re: your mentality after a huge loss? on: December 28, 2017, 08:24:51 AM
First of all, trading in small amount but different projects might never give you a huge loss, yes you might lose some small amount which can be easily recoverable with the other projects you invested in, SO it is really important to split your money for different projects rather than investing in just one or two big projects. And if i ever after all this suffer a huge loss too, then i try to recover that loss from some other investments!
And if i had more money then there would always be some part of it to invest and still if i'm left with some more money which would be enough to start earning in some other way then i'd like to try that too! 
326  Alternate cryptocurrencies / Altcoin Discussion / Re: what to do if bitcoin decreases? on: December 26, 2017, 09:33:24 PM
The only thing to do is hold and wait for the bitcoin to rise again. Have faith and belief in bitcoin, it might take a long time before rising again if it falls no one can predict whether when will the coin rise or fall, so if you invested during a pump and then after a time there's a dump, wait until there's a pump again so that you're prevented from loss and if not some profit then have atleast the invested amount back. And patience is very important in trading if one doesn't has it then there are always wrong decisions made due to lack of patience.
327  Economy / Services / Re: 🔥 ALU Services - Campaign Management, Escrow & Design 🔥 on: December 25, 2017, 03:06:27 PM
Wow! Good to see a perfect team! All the other people providing these services now have a really tough competition in front of them!!
All the best guys!
Would really like to work with this team one day!
328  Economy / Trading Discussion / Re: What is your advice: When should I cash out? on: December 25, 2017, 02:53:10 PM
Just be content with a little amount of profit you get from these coins. If somehow the price rises 10% of any of these coins, that should be a good sign for you and you should cash out if you want to and be satisfied with the gained amount, and invest that amount in some other coin like you said earlier, buy in dump and sell during a pump. Invest in those coins in which you believe in, and for that you have to give little time for finding and researching on new coins which might make you profit. And remember one thing, if the coins price rises further after you sold that coin, just tell yourself that i have made at least some profit from it and also that you can make more in some other coin!
Good Luck
329  Bitcoin / Bitcoin Discussion / Re: Bitcoins for illegal activity on: December 23, 2017, 12:12:56 PM
Bitcoin was created for the convenience of common people, it's purpose was pure and just to help people. But there are people who just want to make more and more money by doing illegal stuff and no one can control them as it is a decentralized cryptocurrency. And the people who use it for these illegal activities take advantage of it being decentralized and continue their malpractice. But on the other side there are people who do see a bright future in bitcoin and believe in it and earn through it by the right way.
And if we see, then normal currencies are also definitely used for illegal activities. So, people just need to understand that the purpose of bitcoin was solely the convenience of people and there are some villains who just commit crime and discredit bitcoin.
330  Alternate cryptocurrencies / Altcoin Discussion / Re: BITCOIN vs ETH ? Your thoughts? on: December 23, 2017, 12:01:07 PM
Bitcoin vs ETH. That's a really tough questions. As bitcoin is the FOUNDER of cryptocurrencies, then ethereum is the one which helps and entertains and encourages more cryptocurrencies. If cryptocurrencies were to be thought as a company then the founder is bitcoin and the CEO of that company is ethereum.
And of course there are many technical differences in them one of them is that their programming languages are different. And another difference is their block time, that is transactions of bitcoins take several minutes whereas ethereum takes very short amount of time in seconds to complete the transactions.
Overall in general, they both, bitcoin and ethereum differ in purpose. Bitcoin was created to be used as an alternative to local currencies and be used by common people whereas ethereum was made to be used in smart contracts for companies and stuff!
But both are digital currencies and are appreciable!
331  Economy / Trading Discussion / Re: how to preditct coin price? on: December 23, 2017, 11:40:28 AM
The thing is, you can't actually predict the price of a coin. And yes, it does changes rapidly as no one controls it. It's just the people who believe in it and the team working behind it make a coin successful. You can have a rough estimated prediction by researching about a particular coin and keep yourself educated with the coins price charts, it's technical analysis. These things help your decisions to be good whether or not to invest in a coin or make an estimation by looking at it's trend whether it's price may rise or fall and also help in predicting it's average value. That means what will be the coins average price for a certain period.
And knowing all this comes from gaining lots and lots of knowledge. Which once you enter in trading comes with experience, Both good and bad. And also after all your knowledge and experience there might be times when you are wrong and you might make inaccurate predictions, but that's because the fall or rise of a coin is not in specifically someone's hand.
332  Bitcoin / Bitcoin Discussion / Re: What is bitcoin on: December 22, 2017, 03:19:25 PM
Bitcoin is a cryptocurrency that people use as a normal currency who don't have a lot of time or are into trading. It is very useful as it saves a lot of time. But there are also some disadvantages of it, such as, anonymous transactions. As it is a decentralized currency, there is no authority owning it that'll keep tracks of the transactions made. So that can be a threat as it can be used for illegal activities. So apart from it it is really a good use of technology!
333  Alternate cryptocurrencies / Altcoin Discussion / Re: stop losses - how to do on: December 21, 2017, 08:18:53 AM
You can't. It's not in your hand. But what you can do is reduce your losses and if you ever have a loss, analyse the situation and draw conclusions that where you went wrong. And before investing just do a lot of research on that particular project, the team behind it, Their motive, EVERYTHING. That'll reduce the chances of a loss. And It's trading you cannot completely STOP LOSSES, you can definitely minimize them but never can completely stop them. As there are sometimes drastic increase or decrease in a coin and that's just sometimes unpredictable.
Before investing research a lot and only if you believe in that coin, then only invest!
So, If ever there is a low graph of a coin that you invested in, have patience and keep believing so that you don't rush things up and come to a wrong decision!
334  Other / Off-topic / Re: Can Bitcoin be ban? on: December 21, 2017, 08:12:00 AM
Surely bitcoin can be banned. After all its a decentralized currency, there are high chances that it gets banned as it can be used for a lot of suspicious illegal activities and leave no trace of it. So that could be a reason to ban it and also there is no tax applicable on it and that could be a danger to the economy. So, Yes there are a lot of reasons to ban bitcoin. But it is kind of impossible to completely "kill" bitcoin as there might be users who'd still believe in it and continue using it!
But apart from this there might be no other proper reasons to ban bitcoin!
335  Economy / Speculation / Re: If you knew Bitcoin would never change in value, would you buy it? on: December 20, 2017, 05:18:10 PM
To be frank, some people just want to make more and more bitcoins i mean more and more profits and fill our wallets. And if we really knew that bitcoin has a fixed value then i would personally not use bitcoin or not buy them because if it's price was stable, then due to it's specialty of being a decentralized currency, there would be misuse of it. And some where we'll also have a part in it. So if i knew that bitcoin prices were stable i personally wouldn't prefer bitcoins.
336  Bitcoin / Bitcoin Discussion / Re: Is It advisable to quit my present job for bitcoin? on: December 19, 2017, 05:35:06 AM
You were doing good earlier, weren't you? Like you took both, your job and bitcoin trading along without leaving your current job. No matter what it will be just foolish to leave a stable job just to do bitcoin trading. Yes, no doubt in the thing that you can make loads and loads of profit once to start only trading but it can be the opposite too. So the risk factors are really high, and it is clearly not advisable to leave a current stable job for bitcoin. You can leave your job once you have gained a good amount of knowledge in the crypto world as well as saved some good amount in case anything goes wrong. So start trading, for gaining knowledge and when you start earning lots of profit then it's upto you that you need a job or not!
337  Alternate cryptocurrencies / Altcoin Discussion / Re: Are Airdrops Profitable? on: December 17, 2017, 04:54:07 PM
There is always a profit when it comes to airdrop. Okay, the profit might not be a big amount but profit is profit. It is so because we don't invest or pay anything for those airdrop tokens or coin. We just get some of the tokens and all we have to do is hold those coins for a while and wait for a really long time. Then wait for the coins to be in the exchange and keep yourself updated with it's price. And if you really don't want a lot of profit then sell it as soon as possible once it has entered in exchange maybe within a week.
So yes, some airdrops are profitable but in a little amount.
338  Bitcoin / Bitcoin Discussion / Re: BitCoin 20 Years From Now on: December 16, 2017, 10:46:19 AM
Two decades, that's a really long time.
There are so many possibilities that might happen. Bitcoin can get banned in some countries or worse, all around the world. Bitcoin might die which is less likely to happen but still, no one can predict whats to come. There might be some other cryptocurrency which might become more successful than bitcoin and leave bitcoin behind.
But all we can hope is may it only rise and bring us good profit Grin!
339  Economy / Trading Discussion / Re: What is the risk of holding Bitcoin? on: December 16, 2017, 10:40:44 AM
The risk of holding bitcoin is that your wallet in which you are storing your bitcoins, if not secured can get hacked and all your holdings would get stolen. Or there could be a ban in your country on bitcoins but that is not a real risk as you would still be able to sell to holders of some country. And maybe there could be a time that all the government officials tie up and together try to bring down this decentralized currency, bitcoin. And there might be times when the value of bitcoin may be nothing, maybe for a long time,  maybe. But then too as the history of bitcoin says it'll rise again.
So you see there are no big risks of holding bitcoin unless you don't have well secured wallets and only you can be the only one who has all the control on your bitcoins to keep it safe! Wink
340  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: December 16, 2017, 10:12:46 AM
Considering all the benefits that bitcoin provides to a common man in his day to day life, if people start using bitcoin as a common method of payment for their daily needs then of course people will love to do so. As it is a decentralized currency the transactions made are anonymous which is a little problem but also good as PRIVACY! and the transactions are usually pretty fast but nowadays due to the rapid increase in bitcoins price the transaction fee has also increased but that will not be for long. Hopefully.
So it can be said that YES, bitcoins will be used by almost everyone by 2022 as it it gaining more and more popularity. Cheesy
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