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341  Economy / Economics / Re: Can you really make money on Forex? on: December 22, 2017, 11:56:47 PM
You can make money on forex trading, but you have to gain experience first. To gain experience you can practice demo trading for three or six months.
Just be careful with demo trading, while some of the software is fine there are some manipulated pieces of software that allow you to earn money more easily and that is a problem since you could think you are a good trader and it will be nothing but a lie.
342  Bitcoin / Bitcoin Discussion / Re: The advantages of bitcoin on: December 22, 2017, 11:53:08 PM
For me, Bitcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of bitcoin.
Like them,  bitcoin has many advantages and one of this advantages is that you can sustain all your basic needs and necessities.it also make many people wealthy and able to answer all there financial problem.
That is not a particular advantage of bitcoin, any investment that is good can give to you the same effects the biggest difference if bitcoin with many other investments is that bitcoin is not a stock and as such its movements are very different from each other.
343  Economy / Economics / Re: BTC rate when bitcoin will mined on: December 22, 2017, 12:05:45 AM
After all bitcoins get mined. There will be a limited stock left with us to trade with. With seeing its current demand its price will touch skies.
The supply is very limited right now and that has made the price to go up that much in such a short amount of time, but even if the amount of bitcoin keeps growing demand is growing a lot faster and that is going to push the price to even greater heights.
344  Economy / Economics / Re: How does bitcoin contribute in global market ? on: December 22, 2017, 12:04:01 AM
Its true to be say that bitcoin gives a huge contribution in global market through different task. Now most of people who are skilled and big investor know about  cryptocurrency and others digital currencies are greatly influenced by the bitcoin currency for purpose of earning profits.They can use as micro currency cause it can be used 24 hours a day and also use so much easily Financial condition are so much strong now only because of this bitcoin currency.

The influence of bitcoin in the markets is very low and there is no way to deny that fact but people are slowly recognizing the power of bitcoin maybe in a decade the influence of bitcoin will be big enough so we can answer that question in a more meaningful way.
345  Economy / Economics / Re: If You Hate Poverty, You Should Love Capitalism on: December 22, 2017, 12:02:44 AM
This is a decent youtube clip emphasizing positive aspects of capitalism.

https://www.youtube.com/watch?v=_n6ivGgb9RY

More fuel for the discussion on capitalism fire.

The main point alleged here is: "world poverty has fallen by 80% since 1970".

They claim capitalism is the main driving force behind reduced levels of poverty over the past 5 or so decades, which in turn implies capitalism creates elevated living standards.



You should promote this video to anti-capitalist "social justice" activists who hate capitalism ,but use computers and smartphones. Grin
I don`t hate capitalism,i hate the bankster cartel of all central bankers,that are trying to ruin the markets and steal peoples savings with the negative interests policy.
The demographic growth of the third world population keeps the poverty levels high.This is the main issue to focus on.
Those that are in favor of socialism have never really lived in a real socialist country with all the death and poverty that implies capitalism is the only system that works is not perfect but it is everything we have and as such it needs to be defended from those that are too ignorant to recognize the truth.
346  Economy / Trading Discussion / Re: Import coinmarktecap data into excel spreadsheet on: December 21, 2017, 11:59:07 PM
Better if you guys just used google sheets to do this, there is already an app that allows you to import the prices and you don't need to code anything else. It's an add-on called cryptofinance. You just need to input the pair (ETH/BTC, LTC/BTC, NLC2/BTC, BAT/ETH, etc.). Then the add-on just takes the prices from coinmarketcap instantly. I've used this for quite sometime and it's been reliable so far.
Thanks for the tip I did not even knew that existed I'm going to test it and report my results.
347  Economy / Speculation / Re: what will happen with the BTC, if the dollar falls on: December 21, 2017, 11:43:28 PM
It's impossible that dollars or fiat will fall this system is in here for almost a century i think it's not gonna fall now i mean there is no such thing that can make dollar fall, and you'll not gonna worried about bitcoin if dollar falls it's not 1st thing that will come in your mind i'm sure of it.
What are you talking about the economic system fell at least three times in the last century, and the economic system is going to keep falling as long as it not based on sound economic principles and it keeps being based on debt and the rich stealing from the poor. 
348  Economy / Economics / Re: Venezuela moves to issues "petro" crypto on: December 17, 2017, 06:33:13 AM
Yeah, but knowing Venezuela, I dont imagine the Petro dollar will be backed by anything at all. Just words and froth. Cant wait to see what happens
It is going to fail, there is no other thing that can happen Venezuela government is not going to be able to implement this successfully and if they do they are going to make it fail eventually like they always do.
349  Bitcoin / Bitcoin Discussion / Re: Have You Been Scammed? on: December 17, 2017, 05:58:01 AM
When I joined bitcoin community I was encourage to join this mining btcprominner I was amazed with the amount of income you can get from it later when i try to withdraw my earnings they required me to deposit and upgrade first my account olny then when someone told me that it is a scammed and they really don't pay. I learn from then and whenever someone is offering me a high paying job I make a research first.

Yeah that was a very common scam and the only reasons that no longer works has to do with the fact that people have gotten smarter and are no longer investing in those projects that look too good to be true and I'm happy that people have awoken and no longer fall in those scams.
350  Alternate cryptocurrencies / Speculation (Altcoins) / Re: altcoins investing - Earn dollar and lose btc on: December 17, 2017, 05:47:15 AM
I’m not sure I totally agrre with that. If you look at coin market cap you see everyday that some alts grow faster than btc. The key is to look at the satoshi price to see if you’ve made a profit and not the dollar price (unless you’re exiting the market and converting into fiat immediately).
That is the risk of investing in alts, when you invest in bitcoin you only need to worry about the price of bitcoin against the dollar, but when it comes to alts you may have great profits, but if bitcoin grows faster then you are losing money in the short term.
351  Economy / Speculation / Re: American Investors Plan to “HODL” Bitcoin Until Price Hits $196,000 on: December 17, 2017, 05:40:30 AM
LendEdu commissioned a survey in November 2017 of 564 Americans who had invested in Bitcoin. While surveys have been done in the past to gauge the awareness of the general public about Bitcoin, this survey focused on American Bitcoin investors and their sentiments. We have come a long way from 2015, when 65% of Americans surveyed didn't know what Bitcoin was. The questions asked in the survey ranged from their reasons for investing in Bitcoin to when they would sell all their Bitcoins.


Today bitcoin hit 8020.  Can we expect it to hit 3X end of this year?
The title of the thread does not match the content of the post and there is no link to the news it will be interesting to see the results from such a survey.
352  Economy / Trading Discussion / Re: Start with Bitcoin or Ethereum on: December 12, 2017, 06:30:36 AM
I want to start  trading , should  i buy Bitcoin or Etheureum first ?
No point in starting with ETH, ETH is a good project but it is not bitcoin besides at this point in time the earnings are in bitcoin trading in ETH is only going to bring you losses in the short term no matter how good you are at trading or how smart you are.
353  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: December 12, 2017, 06:28:10 AM
At some point we will have to sell that is just the way it is, bitcoin is going to be adopted and while it may be possible to use it everywhere not everyone is going to accept bitcoin immediately especially for big purchases, besides how are we going to benefit if we never sell.
354  Economy / Speculation / Re: Bitcoin can`t be tamed by futures trading ~ Price went up 10% in minutes on: December 12, 2017, 06:23:37 AM
Love it. All the FUD before the future trading started. BTC will drop in price etc etc blah blah.

What happened. The trading platforms website crashed in minutes and Bitcoin rose 10% in five minutes.

Go home Wall Street boys. You can`t tame Mr Bitcoin.
It is too early to tell what it is going to happen it just been a day things can change you can be sure they are going to try to become the new whales by manipulating the price of bitcoin so at first I think we are going to see an even greater volatility, greater bubbles and greater crashes.
355  Economy / Trading Discussion / Re: Does the Rise of Bitcoin affect short term positions? on: December 07, 2017, 03:36:22 AM
bitcoin price fluctuations have always affected the whole market not just one and not just short term positions. it changes everything in the market  dynamic from what i have seen so far.
that is why one of the first things i do at times like this is to sell all my altcoins and get out of all my positions to wait for their bottoms to be reached. it can be like a double edge sword actually, the prices can drop hard but if you catch them at a good time you can make a lot of profit, but if you catch them too soon you will lose a lot of money when the drop continues.

The most important thing now is timing in trading. We are required to be able to choose the right time and do a very good action, because every price increase that happens should be utilized as possible.
Trying to time the market at this point seems like a waste of time just hold your bitcoin and wait, and only sell when you reach your target price, in this market that is so bullish any other strategy is an strategy that is going to make you lose money in the short term.
356  Bitcoin / Bitcoin Discussion / Re: Reduced transaction fees on: December 07, 2017, 03:33:20 AM
I don't really think that it is related with the price of BTC, it will be on the standard level, the solution here is another fork which we should wait and trust the developers that they can fix this issue. Though, honestly the confirmation also takes a lot of time, waiting is too long but it's okay, i know this kind of issue will be solved.
No we do not need another fork, we need the solution of the devs to be fully implemented and that is not going to happen until next year, the only thing we can do now is to wait and see if the lightning network works, I have no doubt it will, but we will have to see it with our own eyes to finally settle that issue.
357  Economy / Economics / Re: How much money is needed to manipulate Bitcoin's price by 1%? on: December 07, 2017, 03:29:34 AM
Sometimes a news is enough to influence the price. And i believe there is no one to one relationship between the invested dollars and the price of the bitcoin since there is a lot of speculative action going on which is severely influencing the current price. So it is very hard to give direct answer to your question.
Sometimes you do not even need news, I have seen the price of bitcoin going down because some people began to spread FUD all over the forum and people believe it, the worst FUD is the one that is mixed with some truth, this creates confusion among investors and worst of all it creates panic as well.
358  Bitcoin / Bitcoin Discussion / Re: Which is the best wallet to store bitcoin. on: December 07, 2017, 03:26:07 AM
For me the best wallet to store bitcoin is Blockchain because it's easy to use and your bitcoin is hard to steal another person.
The wallet of blockchain.info is convenient but it is not the best, if you are holding a some dollars there to spend just in case you like something that is fine, but to keep a big amount of money is a mistake, I remember using it sometime ago and there were days in which I could not login into my account since the site was so slow.
359  Economy / Speculation / Re: What will BTC price range be by year’s end? on: December 07, 2017, 03:23:36 AM
Looking for crowdsourced sentiment to get an idea where Bitcoin (BTC) may end up by year’s end.

I would say $12k-13k conservatively and $14-15k if everything goes according to plan.

The bullish sentiment has really be holding up with the bitcoin community and it's no secret that basically everyone is holding, whether the average Joe that is involved in bitcoin or a big speculator, thus pushing price up by limiting supply.

And this trend could potentially extend into 2018, even accelerate since we're now above $10k.
Yeah but the problem is that once there is a major correction those that are holding and are not informed investors are going to begin to sell their bitcoin, this is going to increase supply and make the price to go down even more, that is going one of the best opportunities to buy bitcoin and one that is not going to present itself in many years.
360  Bitcoin / Bitcoin Discussion / Re: The advantages of bitcoin on: December 06, 2017, 04:03:21 AM
Bitcoin has many advantage. But for me its advantage is that bitcoin helps me to earn money and make an income.
That is not really an advantage of bitcoin since you can earn fiat as well, the advantage of bitcoin over fiat in that aspect is that if you save your bitcoin in the long term you are going to get even more fiat, but if you save fiat you are still going to have the same amount of fiat no matter how much you wait.
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