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41  Economy / Speculation / Re: Reason for bitcoin Price Drop? on: August 21, 2018, 01:37:04 AM
What is the reason for the falling value of Bitcoin?  I have already lost some money by holding on to it. Please advise me!

The reason for falling bitcoin price is People sell their coins at stage when red market seen , some People want to save their existing funds .
Think when price was 20k$ And price going down to 16K$ A person sold all milion $ At that  time save their Fiat currency from drop. He lose all interset from crypto.

Results - It depend on Popularity , Media support on bitcoin , network fees , Various services of bitcoin And many other facts. Media will always speak negtive. One day media says its postive sure new investors will come with lots of investment
42  Economy / Economics / Re: What does chance for bitcoin in Economic war the 3 poles USA vs CHINA vs EU ? on: August 21, 2018, 01:29:17 AM
I started to know bitcoin in 2014  but really entry the market in the early days of 2018.It is also the time when the market starts going down. I lost 85% of assets compared to the first day of entering the market. while economic tensions are escalating between USA vs CHINA vs EU what does chance for bitcoin ?and what do chance for the newmember like me? Most recent Turkish burned $ US after the imposition of 20% import duty on Aluminum and 50% on Steel imports from TNK. The population is thought to be raising a wave of "US dollar " and honoring the Lira
- US  imposition tax on aluminum steel to Canada 25%
- US  imposition tax $ 200 billion on Chinese imports
- The United States imposed the most "harshest" economic sanctions ever put on Russia on August 22
- Europe warns $ 300B in US goods will be levied if Trump  imposition their car tax.
Could someone give me advice future of bitcoin.Thanks


This War Is playing with India also. Tax on each luxury item is more than 50%.

In future if any system came that we can add tax system for government while selling and buying Then government may think about bitcoin after all they need tax money only.
Each country will have own crypto stock To save their own currency from economic war

Crypto is future. Bitcoin will always a king Wait for 3-5 year sure you get 5x return from your investment.
Prediction is our imagination only its may true or false
43  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why you should keep your account secure before entering the crypto market? on: August 20, 2018, 12:29:21 AM
There is one more option for security - Sms Verification . This Verification is always with you. It is risky when you Lost your mobile phone You will loss acess to that Website , Soe give your that no. Which is always at your home. Google Auth Verification is not enough.

For Gmail Security. Please always remember When you created your gmail account, Date of birth , security question And recovery email (Acess to recover email is complsury) + Its better if you use Android phone with same Email Then its easy to forgot password in case Of any issue.

Do not Browse your Personal account on public Wifi. Avoid entering Password It can lead to your account getting hacked

Use Strong Password With Strong Patern Include Special Chraters Numbers , Big Letter and small leter If diff Mater. Write it on white paper and save it at your home at Your almeria
44  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What if cryptocurrency market is not also good in 2019? on: August 19, 2018, 04:49:54 PM


I am hoping for the best of the cryptocurrency market towards the end of the year and hopefully in the whole of 2019. I am expecting a great recovery if not a bull run and everything should be based on real market forces and not so much on speculations. However, we know that this is the market where anything can happen and things can be beyond our own control and influence. I am now thinking that if cryptocurrency will still be bad in 2019 I would reduce my involvement to as much as 75% and use my energy and time to something else...this is my way of diversifying and putting my security on my finances. This is just like saying hoping for the best but preparing for the worst..

What do you think?

we are traders and we have one positive fact that we wait for price to jump in sky and hold coins in hard stages.Sometimes we need to loss something to gain big rewards similarly in case of alt-coin investment we keep investing our funds in red market like a saving investment from part of earning. Its just a hope it will rise again no one knows what going in future.
More you spent time here to gain knowledge more you learn about crypto.
We are standing currently in dark hole and we see one light from small hole - it was our hope that we will win this battle from government and other hatters of bitcoins.
Many predictors saying bitcoin will Break record in year 2020 due to some reasons.
45  Economy / Economics / Re: Why everyone only invest in the crypto market? on: August 19, 2018, 04:40:46 PM
Hello everyone!

But hold on, is the later really playing save? In my view, even with high caps you will still be massively exposed as you have all of your eggs in one basket. Namely in the same market. Different eggs in size and colour but all eggs. If the basket falls, your eggs still get crushed.

What is your view on that?


There is difference between stock trading and crypto trading.
First difference Crypto is 24/7 Days trading It never stops you cannot watch market every-time.
Crypto coin value can increase by 30% in single day and drop up-to 100% also. Stock is different in some way its save investment as compare to crypto.

if you hold crypto or any alt-coin, when market will read you have to wear loss weather you hold alt-coin or bitcoin. you will enjoy ride when it will rise again
46  Economy / Speculation / Re: Bitcoin is 'capped' at 20k maximum now, because of high Fees (till when?) on: August 18, 2018, 05:10:38 PM

Hi  there!

So if Bitcoin would go to 20k in eg december 2018 -
then fees would go cracy high like 50usd again, wouldn't it?

Is that right?


No its not true , there are lot of development happens in last 6 months and bitcoin is spited into further currency like bitcoin gold and swigget.
First its impossible to reach 20k$ by 2018 December. It may happen in upcoming 3 years by 2021 year.
its good if it reach 20k$ again I may become rich by investing now and sell later.

fees only increasing according to demand on mined blocked , Lots of pending tranx , High electricity Rate , many other factors such as High amount of fund transferring from one country to another country with help of bitcoins. The fees go to the miners to incentivise them to keep mining, which in turn keeps the Bitcoin network secure.
47  Economy / Trading Discussion / Re: is this excellent strategy to trade on: August 18, 2018, 04:47:41 PM
to get bitcoin quickly by trading Bitcoin with altcoin and other cryptocurrency in the market and promoting it on social media to get many new investors and make the price go to the moon and after the price of altcoin and cryotocurrency is on the moon, can sell all assets in the market to buy cars Lamborghini.

Is this a good strategy?
I got this strategy from my friend


this is not a strategy. You need lot of investment in advertisement for social media, find Investors who will invest and what is guarantee after advertisement they will invest in your coin. This game is normally played by alt-coin owners. Seems , Your friend is owner of an Altcoin or he is a member of some telegram group where he listen the word pumping. its the part of pumping only
you need a Big investor which called A Whale who will eat all limit buy orders and price will up by 1000% . This is marketing trap now days everyone know about this
48  Economy / Trading Discussion / Re: Bottom of BTC descending channel is 3000$? on: August 18, 2018, 04:39:30 PM
If Bitcoin will use $3000 as the bottom, then the market may change dramatically, I think 50% of the altcoin may die in this case!

Just look at graph , it seems it may reach 2500$ also at end of this year. This year 2018 is not good for bitcoins. last year 2017 was awesome in highest peak point at 20,000$. Last year people predict it reach 50k$ Now there prediction changed to 3000$ , its changing time to time according to downward trend and market support towards bitcoin. bitcoin will laying between 5000$ to 2000$ by end of year until one good news and price boom.
49  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the mission of crypto? on: August 17, 2018, 04:33:31 AM
I know crypto by the end of 2017. I learned a lot about crypto but I still do not know what it was born with a mission. I have heard many people say that crypto will change the world, crypto will be the future currency to replace real money, crypto will be applied to life, .... I still have not seen many things Applying from blockchain technology instead of paying for some co-payments between projects.

Nice Question.
First Crypto coin Found in Year 2009 By unknown person names satoshi. The purpose was Transactions are made with no middle men – meaning, no banks!.

Our banks normally charge 25+$ for transferring Amount From one country to another country in 5-7 days using Wire transfer. But in case we use Crypto currency . We can Send money to person directly. Without knowing Who is sending In few Minutes. But it takes time to confirm the transfer Approx 10 min to 2 Days depend on Market rush and What fees paid to miners

This was the goal In intial. But By the use of Crypto exhange People Allow to buy and sell the coin To earn money thats called trading... Bitcoins or altcoin is not Way to earn money m Its a digital currency
50  Economy / Speculation / Re: BTC holding it's own trend? on: August 17, 2018, 03:33:58 AM
Watching the markets closely and I find it interesting that while BTC has been trending up slightly over the past week, the majority of other alts are down or just wavering...could this be why BTC is trending up? Everyone is focusing on that? I thought it was interesting as normally we see everything move in tandem together but this time I'm not sure whether to invest in any alts given they seem to be going their own way...

Bitcoin is always in Trend Since launched. Some investors Took a loan to invest in bitcoin during Peak stage and loss all money. Example taken from Dubai.
 Some people Just depend on Day Trading , they are happy with low profits but risk Is very less.
Long term players Have High risk as Anything can happen in future. Most of investment are in altcoin as compare to btc.

Many people just Depends on Prediction by Experts and They purchase and sell on that basis. But still bitcoin is Much safe as compared to altcoin
51  Economy / Trading Discussion / Re: What Role does Exchanges Play in Fighting Pump and Dump? on: August 17, 2018, 01:41:30 AM
Pump and dump is a big threat to cryptocurrency and this discourages many people from investing. Consequently, there were rumours that some exchanges such as Binance have means of preventing this. However, recent revelations show that such activities are happening even in the top exchanges. Do you think exchanges can do anything about this menace?

pump is common word in crypto language. Exchanges hates pump and dumping of a coin as it force lot of users to sell coins and result loss of money of users accounts. exchanges cannot control this in case of pumping , a Big whale will come and buy all coins in order list and price will be up and then after some time or days price will dropped back to normal stage.

crypto market is always on risk basis , people invest that amount if he.she can effort everyone know this rules.

In case of pumping always Exchange owner + the person who did this + the group members who got tip regarding this pump will always in profit rest all will loss in case of dumping.


One of the challenges I think exchanges have as regard curbing it is that you may not be able to tell for sure who bought honestly or those who are pushing it,unless it a repeated occurence several times

We dont know who is impel this game but we know at which exchange this happening. - 99% sure exchange owner know who is doing this as high extent trade are shown at different section in there panel. It can be redo in case the person trying to show some big player has been come to market after a constructive news about that crypto coin. if you note it one thing - It happens only with low value coins which are just inauguration after a bounty program.
If you deeply look how they play this game to push price
One user push buy limit of 0.0001 Purchase for some $$
second creates a buy limit at 0.001 then third 0.01 son on 50-60 in this other user thinks someone is buying currency alot - because overall graph represents 1000+% in One day growth -
Now game starts New investors come and buy coins Few more push ups and new investor got some profit.
Next time he invest high amount and buys the coin at 1300% or 1500% and last person run away with their profit.
price back to 400% then after on less than 40% - its very hard to recover this brekdown
52  Economy / Economics / Re: Newbies panic & Old timers smile, when the Bitcoin price take a dip. on: August 17, 2018, 01:26:22 AM
Many new people on this forum are so focused on ranking up on this forum, with the visions of making tons of money from Bounty and Signature campaigns, but when it counts the most, they tend to drop the ball and they lose out on the biggest profits.

My advice to the newbies out there is to forget about Signature campaigns and Bounty campaigns and to concentrate on the things that will help you to make the biggest profits. You should acquire as much cheap bitcoins as you can, during a dip, because you will never know if that price will be the lowest price that Bitcoin would be sold for in many years.

In early 2017, the Bitcoin price was around $1000 and everyone was saying it was over valued, well they were wrong and most of the old timers just kept on buying more coins. The end result... The Bitcoin price went up to $19,000+ and we made huge profits.

So, please shift your focus on the Dip to something more positive. A dip in the price should be welcomed, because it gives newbies and old timers a opportunity to buy more cheap coins.  Cool

Buy the Dip and Sell on the Spike for the highest return on your investment. No Signature campaign or Bounty campaign can beat a 800%+ increase in the price.  Wink

your point is good.  But some newbies have not enough money to buy bitcoins that why they look for signature and other things to earn money , they know that price will be back to normal with time passed , but still reading news and other users post about negativity - results panic stage and price down. once price reached below boundary line price will be jumped back again as per last prediction it happens same. -

They think that if We will sell coins now and buy later when price more lower (This is almost impossible) As price will jumped off in seconds and this was mistake of new traders - Reason crypto market is 24/7 - please do not relate crypto with share market


 
53  Economy / Trading Discussion / Re: Until when does the price of crypto currency continue to fall? on: August 17, 2018, 12:23:49 AM
What do you think of other crypto currency users, what do you think about when the price of crypto currency goes down like this?
.
Until Some good news to come to Market About Crypto Such as If Us Approves Bitcoin Etf. Crypto coin Prices are unpredictable , we can just Say a number from imagination.Some expert users says It will stablize in end of Year Nearby November 2018.
According to las prediction Last Price guss was 5850$ But still Price Gone below 4750$ but it bounced back after short time period. If someone guess 5000$ , keep in Mind it can go below 3500 to 4000$ Also. or Lower also.
Crypto market is 24 Hours market  , we cannot watch This market always.
54  Bitcoin / Project Development / Re: What methods to use to promote the project? on: August 16, 2018, 05:47:33 PM
Facebook Advertising
youtube video Advertising - Short video minimum 10 Second preferd must be interesting to watch.
Twitter Promotion
Reddit Platform , Medium Platform
Take help from Paid media - High charges

Focus on Your project , do not look at what price it getting sold. Mainten your Project. it must be open and clear among all Person.

Build your strong customer support on all social media platforms to Answer all questions quick.

Hire Someone for this work - Will get response but little expensive for your project
55  Economy / Trading Discussion / Re: What Role does Exchanges Play in Fighting Pump and Dump? on: August 16, 2018, 05:15:46 PM
Pump and dump is a big threat to cryptocurrency and this discourages many people from investing. Consequently, there were rumours that some exchanges such as Binance have means of preventing this. However, recent revelations show that such activities are happening even in the top exchanges. Do you think exchanges can do anything about this menace?

pump is common word in crypto language. Exchanges hates pump and dumping of a coin as it force lot of users to sell coins and result loss of money of users accounts. exchanges cannot control this in case of pumping , a Big whale will come and buy all coins in order list and price will be up and then after some time or days price will dropped back to normal stage.

crypto market is always on risk basis , people invest that amount if he.she can effort everyone know this rules.

In case of pumping always Exchange owner + the person who did this + the group members who got tip regarding this pump will always in profit rest all will loss in case of dumping.

56  Alternate cryptocurrencies / Speculation (Altcoins) / Re: what happened to ethereum? on: August 16, 2018, 04:51:15 PM
I really didn't expect this, what do you think happened to ethereum. will ethereum be back in the near future! I hope that in the near future ethereum will return.
I cannot Predict the future . But i want to say that Just wait 1 Year Atleast . if you are holding some aMount to ether Then. Try not to sell in This time. Its time Coutry faces Money crises and Every coin has evfected This condition.

If you look at history how coin jumps 150$ to 400$ in just 4 Days , Just Wait for that time... Dont loose hope

If Etherum Price Reaches below 100$ I will buy atleast 10 Ether for Future.. as I know It will Double or Tripple for sure in Few months
57  Economy / Economics / Re: Man generates his own electricity, still pays electricity taxes on: August 16, 2018, 04:43:09 PM
This is a news story about a man who installed 35 solar panels on his home.

http://www.anonews.co/man-still-has-to-pay-tax-for-energy-he-generates-himself/

This man pays electricity taxes on every watt of energy his house consumes, even though he is self sufficient & produces more energy than he consumes from the power grid.

Should he pay taxes for a service rendered by the state which he does not utilize?

Crypto taxes are a hot topic in this section. This news story could in the future apply to crypto mining. Imagine if someone bought enough solar panels to power their bitcoin mining operation. And the state charged them for every kilowatt hour of energy their bitcoin miners consume, even though their operation is fully powered independently outside of state generated or regulated electrical grids.

This news story reminds me of this case where uganda tried to tax its citizens for using social media websites like twitter and facebook:

https://bitcointalk.org/index.php?topic=4614685.0

What are peoples thoughts on this?

oh man , greedy government. in which contry You talking about..
Now i am afraid To suggest someone For solar panel on grid system... If i Tell rules of my contry i will dissuss now.
We use Ongrid electricity System in homes. We do not pay any tax if we generate own electric , only on what we consume + if we generate more power It back To Grid and we earn money What we sell.
58  Alternate cryptocurrencies / Altcoin Discussion / Re: A man in UAE took six figure loan and lost 85% of his crypto value on: August 15, 2018, 05:44:46 PM
Crypthomie, a Reddit user identifying as a 32-year-old male living in Abu Dhabi, recently posted a photo of his repayment schedule pertaining to a six-figure loan that he took out on the 18th of December, 2017.

The Redditor borrowed 338,000 dirhams (roughly $126,500 USD), with a total outstanding amount of 393,296.80 dirhams ($147,200 USD) including interest from Emirates Islamic Bank. The document outlines a repayment schedule of 8194 dirhams ($3067 USD) monthly until December 14, 2021.

The investor wrote: “Here is my bank installment related to the loan I took to invest in crypto. Still three-and-a-half years to go until I’m freed. Until then, I’m working for nothing and I’m at 85 per cent loss. I hope it gives you a lesson.”

He Was too much greedy , thats why he invested such a big amount in crypto. And  every one knows crypo market is alway on risk as it runs 24 Hours.

on which basis that bank give loan to that person.
Never invest in crpto with loan money as it is not ur money.

here is full news about this

https://news.bitcoin.com/trader-gets-six-figure-loan-buy-crypto-holdings-drop-85/


he did a big mistake that he Takes Out Six-Figure Loan to Buy Crypto During December 2017 in peak time
59  Economy / Economics / Re: Americans own less stuff because of the Internet. Is that a worry? on: August 15, 2018, 04:53:40 PM
its good for nature. IF we do not print out or dont read physical books. less number of trees will cut out..  One tree = 10,000 paper.. just think it we waste lot of paper daily.. but we never plant new tree..

Second drawback of this
People need to use internet. then they will follow up other things also like facebook. and after-all its machine we are using this and we see this light all day result , low eyesight

Sometimes change is good.
60  Local / India / Re: No merit transaction in INDIA local section..... ? on: August 14, 2018, 12:53:09 AM
There is no transaction of merits here.This means,there is no Worthy post in this local section.

post good quality and worth material, we are here to give merit points. I have sent over 30+ merit points till now

this section of India become spam point. everyone just post in main section , publicity of alt-coin . no proper discussion on main Indian crypto problems...

if you have posted good material till now , send me link let me look if it worthy or not.

you are the very senior members of this forum. You should do something to clean the section from spam.INDIA, the local section is lacking from other local section.

If you Look below each post You Will seen A Text is Written
Report to moderators. Just Report it if you think Its Spam or The person posted in wrong section. Use This option Only For threads. Not post dont give to much Work on Mods as There is only One mod for Indian Section.

This is my Report record
You have reported 52 posts with 91% accuracy (38 good, 4 bad, 10 unhandled). Do not worry about your accuracy too much; one accurate report is worth many inaccurate reports.


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