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41  Bitcoin / Bitcoin Discussion / Re: Bitcoin have more risks than benefits? on: May 31, 2018, 08:14:49 AM
Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
             https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1


What is your opinion?


If you know how cryptocurrency works you can avoid the risk and you can easily earn profit.
But if you can see if you start on cryptocurrency or stock exchange  there will be always a risk . Luck is one of the element you need to earn in trading or holding
42  Bitcoin / Bitcoin Discussion / Re: Bitcoin's volatility is a non-issue on: May 30, 2018, 12:34:55 PM
I know that this subject has been discussed many times before, but lest we forget when yet another conventional financial journalist, investor, money manager, perceived thought-leader et al pronounces on why Bitcoin will fail because it is too volatile to be used as a currency or store of value:

  • Each Bitcoin transaction is a zero-sum game -- one party benefits to the same extent that the other does not benefit. So one party is guaranteed always to be fine with the volatility. And neither party knows for sure (or at all) who that beneficiary will be.
  • The purchaser of a bitcoin has still spent the same amount of fiat no matter what the volatility after the purchase.
  • The premise that the aggrieved party could have done this or that instead of send someone a bitcoin that later appreciated in value has no more merit than to say that that party could have bought a stock or bond that later did well too. In each case, they simply did not have the information needed in time. Shoulda coulda woulda is not a valid argument.
  • If Bitcoin were impractical as a currency, the dark web would not use it. There would be no Bitcoin-using dark web. 
  • Many things have been used as currency. Anything tradeable and of proven long-term value (like gold) or expected shorter-term value (like packs of Kent cigarettes in communist Romania) can be used as a practical currency, and have. Before WWI, travelers checks had the rate of conversion printed on them because it was expected that the gold-back currencies backing them would be stable. And so they were. The fact that fiat currencies require electronic conversion-rate signs today shows that their stability is entirely an illusion. They are not stable.

The argument that Bitcoin's volatility specifically negates its value as a store of value is clearly false as well. Stocks and commodities and their futures (as well as the effective interest rates of some bonds) are highly volatile. The mantra is that you accept their risk in exchange for growth. Fine. But volatile Bitcoin has growth potential too -- lots of growth potential. Both Bitcoin and Ethereum, as systems of decentralized, immutable, economical, sustainable, and perfectly legal data-registration means that everyone will become their own notary public. The implications for intellectual property protection are arguably beyond what we can now imagine.

Underlying all of Bitcoin's volatility is an unchanging protocol that is proven to work -- and expected to grow.
i agree with you .
you notice the volatility in the rate of the Bitcoin per dollar .
you notice a lose of 1% is a huge Dollar price  affects . and you will say Bitcoin is Volatile .
because of the drop of bitcoin price via dollar.
i think it is okay because we all know that it will be go back soon .. and it favors if a green 1% will give a huge impact of the Price per Dollar of Bitcoin
43  Economy / Speculation / Re: The coin that will not die. on: May 30, 2018, 11:11:46 AM
Think about it, $7500 after everything that has been thrown at this market? LOL, the manipulators have only proven how strong Bitcoin is. Saddle up, 25k BTC and overall market cap 1 Trillion coming this year.
Yes Bitcoin will not die . because as i can observe with it's price the price is still good and it will not just pop because people still have hopes that someday this year it will rise again and pump hard like last year.
and with having a low price for bitcoin nowadays it says that it is time to Invest
44  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [ANN][BOUNTY]👑Multiversum - 4°Generation Relational Blockchain [LIVE]👑 on: May 30, 2018, 11:01:25 AM
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45  Economy / Economics / Re: Bitcoin can change economic? on: May 24, 2018, 10:30:09 AM
We have seen Bitcoin and people's economic changes in the country. Do you know how Bitcoin is changing the economy? Do people believe that economic changes are possible by Bitcoin? And what will be the impact of Bitcoin economics in the future?

Not only bitcoin can change the economy but altcoins too.
Because they are all cryptocurrency and people not only use or invest bitcoin.

About the impact of cryptcurrency there will be good and bad. The good is many will going to get rich.
And the bad is many government will try to stop Crypto because they see that it is money laundering
46  Alternate cryptocurrencies / Speculation (Altcoins) / Re: how do you choose Altcoin .. ?? on: May 24, 2018, 10:21:47 AM
How do you choose Altcoin...??!
And how do you choose a bounty project ... ??!
Please give me your opinion, because your opinion will be very useful for me who is still as a beginner ..
It is like 90% of bounty/ICOs uses Ethereum . Thats why i started to earn Ethereum tokens .
And it is the top coin this year. Many investors prefer Ethereum.
They say that it is better than Bitcoin because bitcoin is more volatile and has a uncontrollable price and  so hard to predict the future price .
But when i was a newbie Ethereum is the first . Then now im starting to explore other altcoins like NEO
47  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum will go up or down? on: May 24, 2018, 10:07:38 AM
Ethereum (ETH) will go up or down?

What do you thinking?
You cant really predict the price of Ethereum.but let just expect that it will rise soon like last year . Ethereum started to pump last November so we just wait for that time and give ethereum chance to rise up.
Ethereum is not so stable like last year so it is so unpredictable
48  Bitcoin / Bitcoin Discussion / Re: bitcoin fees will NEVER come down on: May 23, 2018, 11:01:13 AM
think about it if you were a miner, and have learnt that you can charge XXX for transaction why would you be happy to again charge just one X?
It is certain the more popular coins will increase costs to catch up with bitcoin, as opposed to bitcoin lowering .
Developers are already being pressured to behave in ways that I dare not repeat.
yes.. as i heard in many bitcoin users bitcoin fees will never go down it will become higher and higher so if you want to have a good success you have to earn more bitcoin now for better..
it is kinda scammy when the Fees is going higher and higher. and you have no choice but to use it because it is a secure exchanger .
well Life is unfair . and our world is Greedy as Fuck. so let just Face the truth
49  Bitcoin / Bitcoin Discussion / Re: Tax Collector to Accept Bitcoin on: May 23, 2018, 10:43:17 AM
Florida Tax Collector to Accept Bitcoin, Bitcoin Cash Payments

A Florida county tax collector has partnered with bitcoin payments processor BitPay to accept cryptocurrency for a variety of services.

Seminole County Tax Collector Joel Greenberg said in a statement Monday that his office will take bitcoin and bitcoin cash for payments associated with driver licenses and ID cards, automobile tags and titles and property tax.

The office decided to accept the cryptocurrencies in an effort to streamline fee collection, reduce the potential for fraud and identity theft and increase the transparency and accuracy of payments. Greenberg's office added that it does not perceive any "price volatility or risk to the County" in accepting the cryptocurrencies.

credits: https://www.coindesk.com/florida-tax-collector-accept-bitcoin-bitcoin-cash-payments/
it is really odd for a government to accept crypcurrency because many governments scared and dont trust cryptocurency and they are partner with some Banks. they take the risk of having a volatile currency as their medium of payment.
but if the price of  Bitcoin dump and took a long time to recover maybe it will be ban by their government
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51  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What do you think of Eth? on: May 23, 2018, 09:00:46 AM
The coin circle has suffered a new round of black swan events. What do you think of Eth, whether to continue to hold or to sell.
For me ethereum already reach its future because he surpasses at being stable anf just pump last year.
But even though the price of ethereum drop it is the best that we give ethereum chance to hold it again and wait for it to pymp . Ethereum is one of the best coin.
52  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Are the Green Days back ? on: May 20, 2018, 11:09:34 PM
For the past 24 hours, i’ve Being thinking of what is going on precisely, if i’m dreaming or it’s absolutely real but presently I confirmed i’m Seeing what i’m Seeing for real 😳. The market cap is really attractive compare to few weeks back while everything looks like there were disaster in the crypto community. My question now is, are we out of the messy period to the Green Days in the crypto market ? Your contribution is absolutely required. Thanks

i still feel not sure about those green on my wallet. it will go down fast and i think the best way to see the good green market is to wait until near December we really need to hold longer and wait for them to pump again.  a small percentage of green is not good for me  i just want to see a huge pump
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54  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum a threat to bitcoin on: May 14, 2018, 11:51:03 PM
Ethereum is a threat to bitcoin? Yes it is. We all know that ethereum was created by a russian programmer on 2013, and it was launched on 2015. After 3 years it is next to bitcoin in terms of popularity and value.

Let me show you some NBA perspective on this, bitcoin is the king of cryptocurrency right? same as LeBron as the king of NBA. But here comes ethereum the prince of cryptocurrency just like Ben Simmons as the prince of the NBA. The prince will dethrone the king on the eastern conference finals same as ethereum that will dethrone bitcoin in the next couple of years. Wether we like it or not the king will reach its limit. Mark my word. Trust the ethereum process!
it is hard to say that Ethereum is a treat to Bitcoin.
because bitcoin is our main coin many people are investing at bitcoin.
Ethereum is Just use by Many ICO by Ethereum Base token.
it has a possibility that Ethereum can reach BTC price .
but still Bitcoin is number 1.
55  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Do you believe in ICO Ratings? on: May 14, 2018, 12:46:59 PM
Many people got fooled by that ICO rating.
been encounter with some ICO that is SOLD Out and Good rating .
i think the ICO for me is great when they are so many Ads around in Internet .
it may help their ICO to be notice and have a good trust and more rating .
56  Bitcoin / Bitcoin Discussion / Re: can bitcoin govern the whole world? on: May 14, 2018, 03:46:42 AM
Nowadays bitcoin reach other countries and it is use in some transactions and very helpful in some country's economic.
What you can say?
Can bitcoin govern the world of business market, govern the world of every payments as it is moving to make it the future money.?
it has a huge possibility that Bitcoin will be the number 1 currency in the whole world .
and if Bitcoin has a 100% security like anti Hack .. all government will pick it
but i think all the banks are against cryptocurrency.
57  Bitcoin / Bitcoin Discussion / Re: Best investment is bitcoin on: May 13, 2018, 06:25:35 AM
I have been reading the posts on this forum and so many people are saying they lost a lot of money and bitcoin is no good. Many people are saying that bitcoin and other cryptos have been a bad investment.


But if we look at the facts and the performance and compare to other investments that some people make we can see that this is not the case.

People are making the mistake of focussing on price changes on a day to day basis but investment is not about day to day price movements. It is about patience and reward.


because people think that if they Just invest their money on bitcoin they will earn easy profit but they don't know how to have a patience in dealing in exchange market.
they Panic sell when the price go down.




If we look at the changes in one year we can see that bitcoin has performed many times better than all other investments. For one year bitcoin has gone up a massive amount. It was $900 this time last year! Now it is $7000. That has given bitcoin investors an incredible 700% return in just one year. The stockmarket average return for the same one year has given only 2% return. Fiat money has fallen. The dollar has gone down by 15%. Savings accounts have given a return of about 1%.

When you look at the returns and losses of all these investments, the best was stockmarkets that gave average 2%. So bitcoin has given 700% yet people are complaining that it has been a bad investment, even though it is 350 times better than the next best investment. What other investment has given you 700% profit in one year?

Remember, don't be fooled by day to day price changes. Look at the one year and the longer term facts. When you look at these you can see that if you invested in bitcoin you have made many more profits than everything else put together hundreds of times over.


Yes, Don't be fooled if you feel that It wont go Pump go Shift in Altcoins learn their History and read about news so you can be prepare if you want fast money learn how to Trade fast and buy Cheap.
don't be straight forward when investing in bitcoin you always think it is easy money. no you need to learn first and just be patience
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59  Economy / Economics / Re: The advantages of bitcoin on: May 08, 2018, 06:16:13 AM

Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.


i guess "Very Low Fees" is not the right word bro  . because fees are Directly proportional as the Price of Bitcoin rise.
and the Rate of  Dollar per bitcoin is not Stable you can't say the word very  low fees because we pay the Fees Via Bitcoin .
and As the Bitcoin go Pump the Fee will increase not because of Dollar Per bitcoin , it is because of the Over Pump of Bitcoin price .
and sometimes the Fee will not be less if the Price of Bitcoin Drops.
it is  just my observation on  Bitcoin trading .
60  Economy / Economics / Re: when you sell out of panic, you are contributing to the dump! on: May 08, 2018, 05:20:04 AM
Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that  when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
yes they are not aware of what Rich investors plans and they let the  Rich Investors Buy many coins on a cheap and then Hold it for a until the price goes back again.
So many newbies are panic seller and they need to have patience and Risk on Dealing in Cryptocurrency world.
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