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361  Bitcoin / Bitcoin Discussion / Re: So why is the price of bitcoin going up so crazy? on: December 14, 2017, 12:35:32 PM
I've seen this kind of thread many times, but still, there's always a plenty of people are like to discuss it. Well, even there is some country like Singapore, Rusia, Tiongkok, Thailand, and Indonesia that reject the transaction of bitcoin and a fresh bad news from nicehash, It doesn't even matter for bitcoin. The price will always rise because the supply is limited, futures contract deals from CME, regulatory support from Japan, Projected like gold investment in the future. So it predictable the price of bitcoin growing so fast.
362  Economy / Economics / Re: Best tip on saving money on: December 13, 2017, 01:46:16 PM
Hi guys! Can you share some tried and tested tricks on making the most out of your buck and also some tips on how to save money more effectively. This will be a heck of a help to our fellow users here. Thank you so much.

Based on my personal experience, there are some things that can support a person to be able to set aside some of his income to be saved.
- Reduce excessive lifestyle. This can be the cause of the difficulty of someone to save his money as saving. Stop now, lifestyle will not run out, every day there will be a new thing, You will not die for not following the lifestyle.
- Determine the target you want to achieve with your savings, Write on a paper, then stick it in the mirror, so that it can remind you every day. The target is something you really want until you're willing to leave something else for your target. For example, Married, Buy Houses, Buy Vehicles and others.
- Do not always keep too much money in your wallet, keep it in moderation. Sometimes, when there is money that we hold, there are many things that we remember to buy.  Grin

Hope this helps.
363  Economy / Economics / Re: Paypal CEO admitted war against cash on: December 13, 2017, 01:28:17 PM
well, if indeed he wants a war against cash, it's the same as the war against the government, because the system is made by the government, the means and infrastructure also made by the government. Indeed, to transact between countries requires a large transaction cost, therefore, cryptocurrency is very instrumental in the problem. But nowadays, people still consider cash as a quick and easy way of daily payment. Therefore, even though the government has made fintech, cash will not be eliminated as long as there are still many people who prefer to use cash rather than digital.
364  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Be patient for your profit on: December 13, 2017, 03:43:00 AM
Hi,

I see a lot of members waiting for like 7 days and they didn't getting any profit..
After 14 days the price is dropping..

They screaming on bitcointalk and Twitter.. (some of them  Grin)
My answer.. Just wait!

- Developers can't work 24 hours a day
- don't check the twitter or ANN every hour  Wink
- a project in blockchain isn't a job for a week.. Be patient..
If you wait a year or a couple of months you get much more profit.

That was a true story, most people only expect instant profits from a project that they entering. They do not really understand how the project runs before investing in it. consequently, ridicule and sarcasm continue to be made to the project team. In fact, they have done according to the flow, It's because sometimes the investors can't wait to get the profit. They don't understand what the project team is doing and they also don't understand what they are really getting into.
365  Economy / Economics / Re: What makes Bitcoin to move this fast? on: December 12, 2017, 01:33:25 PM
there are several factors that might affect the bitcoin price rising this fast:
- Bitcoin got through predictions of people in 2017 that most predict the price will rise to $ 10k.
- The media that spread bitcoin success in this year that reached a rise above 1k%.
- Because of the two factors above, so the user increases, the higher demand, so the price goes up faster than usual.
366  Bitcoin / Bitcoin Discussion / Re: BTC Mining vs Buying on: December 12, 2017, 11:37:09 AM
Is it better to get BTC via mining or buying now?

It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?

If yes, any suggestion? There are quite many cloud miner in the market.

Thanks.

in my opinion, buy and Hold is more profitable than mine in short term. Let's take a simple example, if you buy an antminer s9 at a price of 0.25 BTC, it takes 3 months or more for ROI, whereas if you buy bitcoin at the same time, the profitability in 3 months is above 100% with the only hold and without should think about the electrical load and maintenance of mining tools. But if you're looking for long-term investment, I thought mining is still better than buy.
367  Economy / Speculation / Re: NOW IS THE TIME TO BUY!! on: December 10, 2017, 01:24:04 PM
That is what I have been waiting for. I have sold some of my BTC for $17.000 hoping that there will be a correction and I was right! The only question is that how big will be the decrease in Bitcoin value? I don't want to risk my investment so I'll probably buy BTC soon. As far as I remember, last correction was in the middle of September and it lasted about 2 weeks. It would great to see something like this once again, I would have enough time to organize funds.
no way dude and please dont. ive been always praying that this scenario wont happen anymore because more poor souls ( including me ) will become starved once again. ive been always wanted for bitcoin is to increase and pump even more so that i could earn  much more profit from the bitcoin that i recieved weekly. traders and small investors are only going to get a benefit when bitcoins drop hard.

Maybe people think that this is a healthy correction that almost routinely occurs within 1 month on bitcoin. However, what I see is an unnatural decline, after an unnatural rise as well. Maybe this can also be called a bubble. And the possibility of bitcoin can fall back to about $ 10k is possible. Almost on every exchange is dominated by red or sell wall compared to buy wall. That means, almost the average everyone is selling their bitcoin.
368  Bitcoin / Press / Re: [2017-12-08] Yahoo Co-Founder believes in Bitcoin on: December 10, 2017, 12:39:48 PM
Yahoo co-founder Jerry Yang spoke at the sidelines of the Fortune Global Forum in China. He said that bitcoin’s volatility and technology looks like the “early days of the internet”.

Full article on: http://cryptobible.io/yahoo-co-founder-believes-bitcoin/

not surprisingly, co-founder yahoo said such a thing. Initially, mailing with birds, then Post, and finally emerged e-mail. The same will happen to remittances, which used to be a barter system, then transfers with bank account numbers, and finally, at this time, the era for cryptocurrency will begin. These are technological evolutions made by man himself. Only time can determine when a technology will be abandoned.
369  Bitcoin / Press / Re: [2017-12-09] Bitcoin Finally Cools After A Huge Pump on: December 10, 2017, 11:54:09 AM
This is all we have been waiting for, a healthy correction. I think all who bought at the peak of bitcoin is now hoping that the price will go up again. LOL. Let's us see, the price hike we have seen in recent days is driven by those financial institutions offering bitcoin futures, but what happen? We haven't started and yet we have seen this corrections? Where are those people buying without their logic? I guess this cool down just show how bitcoin is very unstable, but hey, this is a perfect opportunity to get in and buy bitcoin back. I'm pretty sure that by Monday bitcoin will be back again at $15,000++, when all of this future contracts starts. So just hold and see what's the sentiments going to be on start of next week.

Correct, now is the long-awaited moment to open a new position for bitcoin. The day of the discount has begun, you'd better get your $ to get the rare discount Grin. Currently, the prices on each exchange are very diverse, ranging from the lowest $ 13k to the highest $ 16k. Altcoin also declined as bitcoin decreased. This can be a bloody week for cryptocurrency, but it also becomes a highly anticipated discount week.
370  Economy / Economics / Re: impacts off cryptocurrency on: December 10, 2017, 11:02:12 AM
perhaps those who have felt the impact on cryptocurrency are the countries with the most cryptocurrency adopters, in this case, most of them are developed countries that are almost over 10% of the population have known and used them. As for developing countries and below them, I don't think yet to show the impact of this technology. For the impact in general, of course, there are good impacts and unfortunate impact. One of the good impacts is, transactions between countries become easier and faster and require only a small fee. While one of the bad impacts is, this technology is used as a means of crime such as the sale of forbidden goods and money laundering path.
371  Economy / Economics / Re: Is Bitcoin Volatility A Bad Thing? on: December 10, 2017, 08:28:27 AM
precisely, which makes bitcoin very popular among traders, especially day traders or active traders is at its volatility. With that, people can use it to make a profit. In addition, bitcoin is also favored because the price continues to move up, although there is a slight correction, still more dominant prices have increased from the decline. This year, the price of bitcoin has increased very significantly and arguably has exceeded the normal or reasonable limits. But that's cryptocurrency. The normal and reasonable profit wasn't its religion.
372  Economy / Economics / Re: Why you should worry this is a bubble on: December 09, 2017, 01:48:23 PM
for people who have long been in the world of trading, they will see this as a bubble, where the increase is very significant and sharp. But it is different when they enter the world of cryptocurrency investments. Price movements above 10% per day are very reasonable, even some altcoins are moving up over 50% in a matter of days. Therefore, I think there is nothing to worry about with this situation. Whatever happens, bitcoin will not return to $ 5k or less. In fact, I'm sure, if the price back touching $ 10k, people will race to get it, and the price will rise again.
373  Economy / Speculation / Re: John McAfee Bets His Manhood that BTC will reach $1 mil by 2020 on: December 09, 2017, 01:23:41 PM
100x prices have never been seen before, if it does happen it's a huge ass bubble, or a financial collapse of some sort. I'm happy with even just 1/10th of that price honestly.

yes, it has never happened before. Just as price increases are approximately 2000% within 1 year. John predicts prices for the next 2 years, and 2 years is not a long time. We've been at the peak of 2017, so the countdown will be up and running. I believe this prediction can also trigger people to keep their bitcoins, though some believe, and some say impossible. I can't wait, to see who's the winner. The believer or unbeliever  Grin
374  Economy / Speculation / Re: Bitcoin prices on: December 09, 2017, 12:03:19 PM
With the unstable increase and decrease in bitcoin is it a good idea buying, selling or holding now? Like yesterday I saw it hit $19,000 on coinbase but today it stands at $16,000
Right now its better to not sell any of your bitcoin as price can easily go above $20k before end of this year because of high expectation on bitcoin futures. However as bitcoin future will not pour money into bitcoin directly those expectation might not be reached and people might start to dump again.

Wait for that dump/correction and make your entry. Buy when others will sell out of panic....

I don't think that bitcoin future will affect the price significantly,  although it will, the affect should still happen now. But what I see, is a signal for correction and it might be just started. The bitcoin volume seems to decrease , and it means that the bid is bigger than ask. I suggest you prepare for this dump and be ready for next bull. Maybe we'll see $ 20k in the next few weeks.
375  Bitcoin / Legal / Re: Is Bitcoin Forbidden In Islam? Why? on: December 08, 2017, 08:56:54 PM
as far as I know only lending/borrowing money for interest is strictly forbidden in Islam
bitcoin is not falling into that area,since you do not,technically,get interest using it
maybe some of the preachers or islamic theologists consider it haram
but Coran says nothing about cryptocurrencies or money surrogates

exactly, Islam forbids the interest on loans that they call 'Riba', and also prohibits gambling. But Islam allows buying and selling, wherein bitcoin, people only buy and sell transactions, so it is not prohibited. Unless people use bitcoin for actions that are prohibited by Islamic rules. And by the way, Islam doesn't only include Turki only, so if an Islamic country issues such a statement, doesn't mean all of Islam is involved.
376  Economy / Speculation / Re: When BTC will go down on: December 08, 2017, 02:21:30 PM
based on demand from investors that every day continues to grow since bitcoin soared to a price increase of $ 2k- $ 3k per day, I am afraid there will be no significant correction in the coming days. Currently, the price is seen down from $ 17k to $ 15k, but this can't be said as a correction. Although there have been skewed news about NiceHash being hacked and Regulators in South Korea have reportedly banned the trade of futures contracts and other derivatives tied to bitcoin. but still, the bitcoin price keep climbing up.
377  Economy / Economics / Re: Bitcoin futures on: December 08, 2017, 02:01:25 PM
I don't think so that bitcoin futures will have a big effect on bitcoin prices. I think that's just a new trading facility that will either contain only bitcoin or another crypto. The difference is, here you just buy the position, and don't get the actual bitcoin. In an exchange, you can earn a profit by selling coins whose prices are rising. but in bitcoin futures, you might be able to open 2 positions, ie buy positions, and sell positions. So you can also gain profit if the price is down. If in bitcoin futures are given multiplier/leverage functions, then this will be more like a gambling site.
378  Economy / Economics / Re: why bitcoin is so much special than others currency ? on: December 08, 2017, 01:37:07 PM
This is so really hard to say special cause its difficult to explain specialty in short word
Some of them  are given below:

It’s a type of currency which know as peer to peer currency and this permit to send and receive money without help of broker or third party involvement 
Every bitcoin holder can review their account information after sending money or receiving money from their account.
After all kind of transection bitcoin recorded sufficient proof of every client and account holder through different facilities.
Buying and selling process is so much easier than other currency
I think above mention quotation is sufficient for proving that how much special the bitcoin is.
If i am not mistaken, bitcoin is the first cryptocurrency that has been created and limited. Because of that, bitcoin become a benchmark for other crypto, this make the specialty of bitcoin.
Yeah that’s the main reason that it is pioneer currency of crypto and all other come after the bitcoin and the best thing that make It special is that it blesses people with a lot of profit and that’s why people are so fond of bitcoin and they will never switch to any other currency because bitcoin will keep giving to them and all the thing that people need from the currency are present in the bitcoin so it will stay best from rest.

not just that, which amazes me with bitcoin is its effect on people who really want to gain profit from it. When the prices rise high, or down, people just keep buying it. Because They believe in its value in the future. That is what makes the bitcoin price is dominated by the increase rather than the decrease. As each price drops, people see it as an opportunity to buy more, which causes the demand to always outweigh the offer. So it is almost impossible that bitcoin prices will go back to price a few months earlier.
379  Bitcoin / Bitcoin Discussion / Re: What if a person died with BTC!! on: December 08, 2017, 01:07:51 PM
As I know, if people lose access with their wallets, all the bitcoin inside will come out of the circulation. Similarly, if a person dies and has a bitcoin inside the wallet that no one knows about the private key or seed, the bitcoin will emerge from the bitcoin circulation of only 21 million. And this is what causes the current amount of bitcoin will not reach the maximum number, because it has a lot of bitcoin missing, and it can't be restored.
380  Economy / Economics / Re: Still Buying Bitcoin at $10K? on: December 07, 2017, 12:41:52 PM
Yes, even now that it is almost $16k we should still buy bitcoin because it will keep on rising next year. The moment it will rise to higher and higher, it could be very difficult for us to buy it. So it is better to buy it now then later.
To be honest mate no one will buy bitcoin now adays because the price is so expensive and we are not sure if this time is a good idea to buy because there are new fork coming on this month of december maybe it will overtake to take down the value of bitcoin value.  Perhaps much better to wait to avoid huge lose.  

very scary but also promising for the future. today there are many new investors who are fond of bitcoin since he broke through people's predictions. they don't care how big the current price, what they want is soon to have bitcoin and save it for the future. For those of us who have been struggling for bitcoin investments for a long time now is a terrible time to enter the market, but who knows. I am looking forward to what will happen in mid-December.
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