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41  Economy / Speculation / Re: Expected predictions on: May 09, 2018, 07:23:19 AM
I hope the bitcoin can last for as long as I am helped by the presence of bitcoin at the moment
We are just in the beginning era of digital market. All the coins are still in their infancy. It has been just ten years since bitcoin was created. Due to all of its amazing features, bitcoin has grabbed attention of big investors as well as small ones.

Besides, it provides many job opportunities which are far better than field jobs in terms of profits. It is expected to touch 30k dollars by the end of this year but I expect a higher value.
42  Economy / Economics / Re: Five common mistakes made by Bitcoin users on: May 08, 2018, 04:43:25 AM
1. Do not remember electronic wallet password
2. Do not back up your wallet
3. Do not research new services
4. Buy and sell based on feelings
5. Leave your money in the electronic money floor

The five things above are common mistakes that beginners do not fully understand how bitcoins work. Hopefully the above five things can be more attention again by the beginners bitcoin users so they do not continue to complain with the losses caused by their own negligence.
This is logically valid point. Yes these five points are just the basic core of a trader that must be exhibiting such norms and values and attributes for better results. Furthermore, I think all these qualities can be found in a person who knows better what is trading and how to do this by learning. Learning can lead you to an extent level where from everyone can lead the world even.
43  Economy / Trading Discussion / Re: start trading on: May 07, 2018, 08:28:57 AM
Binance supports 100s of coins and has become a great place for new coins and tokens to gain popularity. If a coin/token is listed on Binance, lots and lots of people will see it. Because of this, Binance are able to charge a lot of money to new crypto projects wanting to be listed on their exchange.
Trading is no doubt one of the best thing to do and that it can surely help you in having some good earnings but the only thing which you need to keep in your mind is that you need not to jump into trading until and unless you are fully prepared for all that. You need to keep on learning the things first and then you need to go for starting of your trading carrier by making the small investments in the start.
44  Economy / Economics / Re: Some things to consider before starting a business on: May 07, 2018, 08:00:12 AM
As an entrepreneur Your should have capital first, and you must familiar with the business which you are going to establish and it has to be a volume market. You are ready for the possibility that you may face when your operate, then had knowledge about how manage your own business.

Yes, before starting a business it is important that we know its nature and the best place to start on it and should have an advance vision for its market or who is the main customer for your business so that we can have an estimate for the return of investment or the ROI since it is not profitable if it takes long time for the return with reference to our effort which have been exerting on it.
All the domains that you have mentioned are important and we need to consider all of them before starting any business. For instance if you are building some resort and that too in the market, it is not going to attract large number of customers.

For that, you need a location where people come for tourism or that is some picnic point. So we can easily understand now that how all these things affect the business.
45  Economy / Economics / Re: Why people are still buying BTC? on: May 07, 2018, 07:12:02 AM
This post just popped up out of nowhere. It's a posts way back 2013. It puts a smile on my face that right now, people are still saying why bother buying Bitcoin when it has dipped so low? But right now, it's getting stronger and stronger every week. Green lights ahead and we will be seeing 5 figures by the end of the year.
There are still many people who do not understand the working and future f crypto currencies and that is why, they don’t trust them with their money. A person who has stayed in this market for years and observed it over times would absolutely never ask such question. Eric’s story is enough for a newcomer to discover the true potential of bitcoin. It is expected to touch 30k dollars at least before 2019.
46  Economy / Economics / Re: My challenge to bitcoin on: May 05, 2018, 06:33:48 AM
It is not very surprising that some people are not able to digest the huge price value of bitcoins as the concept is still new. With time, people will start believing it more.
I won’t say that the concept is new. It is not a new thing anymore. Bitcoin ad the whole digital market has been with us for decades now so definitely there is no novelty element in it anymore. The real scenario is people are a way too late in discovering bitcoin and that is their own fault. They are not interested in the evolving technology and are ignorant about the inventions of computer world.
47  Economy / Economics / Re: The advantages of bitcoin on: May 05, 2018, 06:02:06 AM
Freedom of payment - any amount of money can be paid and received instantly and anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.

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.

Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.

Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.

Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.
The bitcoin has many advantages that can help people to make their life better. In bitcoin you can earn huge profits because it's value is extremely amazing, the bitcoin is decentralized so no one can control it or manipulate it.
There are so many advantages of the bitcoin and that you can only get to know about all the advantages which bitcoin can help you in having when you will be done with studying all the necessary information related to that of the bitcoin and the other crypto currencies. There can be no other thing which can be this much helpful to you as is bitcoin when it comes to that of the making of money.
48  Economy / Economics / Re: How will crypto go long term? on: May 04, 2018, 05:29:56 AM
I think crypto will go very good long term but the crux is to find the one that will go on long time. Honestly I don't know if it is Bitcoin or anything else. No one can predict the future and see what technology will bring to the table in the future
Crypto currency is a long term investment if the investor keeps it for long term and can hold the coin for a long term until the price increases. However it becomes a short term investment if the investor invests and does not keep the coins for a long term and sell out at a relatively low price. As a whole cryptocurrency is a long term process and is very huge profitable business.
49  Economy / Speculation / Re: Expected predictions on: May 04, 2018, 04:57:27 AM
well I like your spirit, keep it, maybe your prediction is right, we all also hope bitcoin will reach a very high price later, hope that makes us survive, and hope that keep us alive  Cheesy Wink


I think after Twitter and Facebook prohibit we see a decrease in the campaign and it encourages people out of here. these are all game patience and only a few months before the Bulls was released. well all people who say it experienced enough to be believed, so thanks for news and vibration positive.
Calling bitcoin as a bubble or scam even now only means that the person envies bitcoin. If there was any reality in all these lame rumors, bitcoin would not have been still benefiting people even after these many years. As far as the prediction goes, I also firmly believe that bitcoin can easily touch 40k dollars by the end of this year and it would be worth 1 million dollars by 2020.
50  Economy / Speculation / Re: Why Bitcoin so down on: May 03, 2018, 06:25:40 AM
Why Bitcoin came so low in 2018 january to march
 All the guess people were saying that Bitcoin would touch 25k$ but why did not it happen ?
Don't be so quick, bitcoin hit the all time high earlier than we are expecting. And about the $25,000 there are even people who are saying that it would touch $40,000 before this year ends. It's not yet happening because it's too early to assume that it will happen. The year isn't ending yet so give it some chance to let it happen. So this day after touch back $7,000 it was around $6,900 again but it isn't that much so I hope everything's going to be fine soon.
While the year is still young I think we can make some assumptions of what it's going to happen, I really do not see this year hitting any kind of new all time high, in my opinion we are going to be very lucky if we get even close to it, there are many signals that the price is not going to move much and if anything there is still the potential for the price to go down a little bit more.
Government does not consider bitcoin's legal tender, other countries banning bitcoin, exiting of Britain from European Union, media influence and other factors have a great effect on bitcoin's fall and the decrease in value. It triggers the credibility of others to trust bitcoin. But I think it won't stay down forever, though it may take time for its recovery, it may be down now but for sure it will soar high again, if we keep bitcoin's veracity high and strong.
The price of bitcoin will not stay down forever in fact it seems that is slowly recovering right now, and that is a good thing but even with this small recovery I still do not see bitcoin reaching the previous all time high in this year, in my opinion we still need more time to recover not only from the great crash in the price of bitcoin, we also need to recover psychologically and that is not going to happen so soon.
Bitcoin is not down as we know that it is a long term investment and if you want to get huge profit then you must be waiting for the price to jump and that is what investors out there in the market are waiting and working hard. Besides the other businesses of an investor the Bitcoin profit is very huge and more than the sum of all the profit of those businesses. So, Bitcoin is a leading investment all over the world.
51  Economy / Gambling discussion / Re: Will you still continue? on: May 03, 2018, 05:18:20 AM
What will you do if after losing several times in gambling, you are left with only small amount of money and that money will be for your fuel or for transportation, will you still continue with the little you are left with? What if you lose?

If it was me in this situation, i will stop myself to continue to gamble. I know this is not an easy thing especially in the middle of gambling, although there is a possibility that you can win everything back with the last few penny you have but you must not forget that you might lose all the money you have and cannot go home due to this foolish act.
It is never easy to give up on an activity that has pleased you for long and also given a hope for hitting a jackpot. But a gambler should face the reality. The earlier he does, the better it would be for his health and wealth. Once losing some amount, gambler should really figure out a way for surviving in this dark valley of gambling or better to quit while he has the chance to run away.

Correct, its not that easy to give up your gambling habits even if you are losing a lot of money. Last night I lost .05 BTC and I said to myself that I need to take a break. But it seems that I can't get over it and I'm  thinking of playing it again before going to bed. Bu I will try to control myself and not think of recouping what I've lost the other night. It's going to be tough so I don't know if I have that strength to overcome it.
Definitely, it’s not that much easy to leave gambling as you have started it because after stepping in it, one becomes totally dependent on it and starts thinking after winning his first bet that I will be living my rest of life in very luxurious manner however this is totally a wrong thinking and before thinking this, I think he should better see some videos in which he can become aware of gambling ends.
52  Economy / Economics / Re: DO NOT SELL! JUST HODL - You've not loss any money if you haven't sold. on: May 02, 2018, 06:23:30 AM
the value of the loss only when realized in money, but assets are certainly still intact. hold until prices recovered or can even get lucky is the thing that many people are interested in anticipation of losses.
Holding is no doubt the best thing to do and that this is something which can help you in making far more money than any other thing and that you can get richer as well.

Selling of the coins at time of need is not a bad idea but at time when you are not having any kind of emergency, holding is the best possible thing to do as the market value of the coin will keep on going up which will then result in more earning.
53  Economy / Economics / Re: The panic seller irony on: May 02, 2018, 05:52:56 AM
I know some coworkers that sold BTC today, they are real casuals, they got into BTC because they heard it went up a lot, they don't know even to set a local wallet so they store their coins on Coinbase or wherever the fuck they buy at.

Well, they sold today at at the dip near the $4000 double bottom.

The irony is, these casuals are the ones that are always complaining about how it's unfair that BTC is distributed in the hands of few whales, YET, they are the ones that constantly panicsell and give their cheap BTC back to these same hands they are complaining about, because guess who is profiting the most on these dumps: whales. They buy lots of cheap BTC.

If you want whales to stop having so much BTC, don't panic sell or you will keep feeding them. Just focus on your own portfolio and keep stacking BTC on the dips. In the long term, we will win.

yes, it is true. the bitcoin is long term investment, we can get alot benefit from it. by seeing this fluctuations today, I see, prefer hold and wait the price will rise. day to day trading you will get lesser of profit.
Bitcoin is basically best for long term investment as the gain in its value depends on time. The more time it is gives, the more expensive it becomes. Other than that, it can be beneficial only if a person has got some trading skills. Actually, that would be making him rich quicker than holding for long. Though this involves huge risk and in the beginning, a trader would face some loss but end is fruitful.
54  Economy / Trading Discussion / Re: Can Bitcoin Reduce to $ 4000? on: May 02, 2018, 05:21:32 AM
This is impossible . If bitcoin goes down 4k then I'm really worried about this market. And it seems to me that the market is recovering very well, so to go down 4k this is not happening.
Anything can happen in this crypto market but we need to hope for the best all the time. if we see the graph of the market value of the bitcoin, then we’ll notice that the market value of bitcoin getting better day by day and that we can hope for similar change in the coming days as well. I don’t think so that the market value of bitcoin will drop down to this much of value, in fact it will rise higher.
55  Economy / Speculation / Re: Ten years later on: May 01, 2018, 07:53:12 AM
I really hate when some people say that bitcoin has no value at all. OP is correct that time will make bitcoin very valuable. The paper money was perceived to be valuable so we can also do it with bitcoin.
Do not hate it take advantage of it, all of those people that say something like that are people that are not going to invest in bitcoin until it is too late, you can take advantage of it by buying more bitcoin that way the share that they should get will get lower, this and return will drive the price even higher and this will benefit you in the long run.
No one can tell exactly what will happen after this much period as things will be changed very much significantly by then and that we will then be seeing a much different world.

The only thing which I can sense is that by that time, the number of investors investing in crypto currencies, the awareness rate of the crypto currencies amongst the people as well as the demand and the market value of the crypto coins will be much more than it is at present.
56  Economy / Economics / Re: The advantages of bitcoin on: May 01, 2018, 06:49:21 AM
What I like about bitcoin excess is the cheap bitcoin transaction process. What do you say. Your credit card transaction also happens instantly? Yes, it is true. But your merchant (and maybe you) for that privilege. Some people charge for debit cards, because they have to pay 'friction money' to meet their demands. Bitcoin transaction costs are minimal, or in some cases free. Bitcoin transactions, however, are generally much faster.
Bitcoin is advantageous in all proportions and is the most helpful among all the crypto market as well as the whole global market products. People are now using the most frictionless system of transferring amount from one corner of the world to another corner of the world with in seconds, this process needs seconds to complete. This is the most advantageous system and is good for government too to take benefit and reduce the wastage of money and to boost their economies.
57  Economy / Economics / Re: Are all cryptocurrencies destined to be store of value in the end? on: May 01, 2018, 06:17:09 AM
Well mostly people look at crypto as an asset. The purpose of satoshi's bitcoin is for it to be sent to other countries with lesser fees. Because bitcoin has increased in price unimaginably, the fees increase along with it. Well if there will be a program of not getting any fees sending out minimal amount to a store then it would've been used by many people.
It has not been that much time for this world to know about the idea of the crypto currencies and that most of the people are still unaware of the correct usage and the significance of the crypto currencies. for now, most of the people are only buying different crypto coins as a mode of investing of their money and that they are not using their crypto coins in buying of different things and are only keeping them as their assets.
58  Economy / Trading Discussion / Re: The reason people do not want to invest in crypto on: April 30, 2018, 07:58:27 AM
Though there are really many reasonable points that deter people from investing in crypto, the reward is very high so it is not crazy to invest some money in crypto.
we have a lot of news we heard and maybe thats why people are afraid to invest in crypto  because of its digital and i think people are afraid to invest because they are also afraid of loosing money and also maybe they think that it was a scam just like the we heard.
The basic knowledge we need to learn and get is the knowledge about a chosen coin that we choose and do research on that coin so that we would be able to get that knowledge we need to show off for our previous wastage of time.

The good thing about crypto market is that it is something related to knowledge but the outcome here is the most maximum here that is why people are here.
59  Economy / Economics / Re: The advantages of bitcoin on: April 30, 2018, 06:34:37 AM
There are lot of advantages that Bitcoin has actually, one of this are its decentralization none of the government cannot control it, then the volatility it has, due to through this you can earn or produce money in doing trade in Bitcoin, then you send anywhere in the world in any currency then you can save bitcoin more than a bank.
I think decentralization is the big advantage if bitcoin because the government has no control over bitcoin and people can earn money without giving any sales or income tax. Other advantages are investment in bitcoin is more profitable than any other online or offline business and one advantage is that bitcoin is global currency and one can use his bitcoin anywhere in the world.
60  Economy / Gambling discussion / Re: How much have you won/lost on bitcoin gambling ? on: April 30, 2018, 05:47:45 AM
I totally forgot how much I lost and how much I won. I did not use to calculate my winning and loss. However, I do recall losing so much money because I was so much into gambling. That is when I realized that it was futile to gamble and lose much more money. Gambling with bitcoin was not that beneficial for me. Added to that, I used to gamble online and in real life. Imagine how much money I lost back then..
But the good thing about freebitco.in however is that I can always check my statistics to know how much I have foolishly not gotten from the platform since I started gambling on it. The funny thing is when you total all your winning and your losses, at the end of it all, you are still losing big and sometimes without that stat, you may never know.

So far, I have lost over 0.38btc since I started gambling. It is bad though for the long run which would have amounted to something huge if I had keep in my wallet but since I really started gambling a long time ago on the platform, it is really nothing much perse considering the value they were when I was doing my thing.
The same case is with me. I also don’t remember the lost and won money and I think nobody will know the figures because it is not one time gambling that one would remember the amount he lost or won. I am not regular gambler but as many times I gambled, I won and lost as well but I never let myself in debts because of regular gambling. When I realize that I have played too much and now it is enough I quit.
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