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41  Economy / Economics / Re: Bitcoin and Fiat - this is how I see the future on: June 16, 2018, 12:10:32 PM
I think in the near future we will see both fiat and cryptocurrency will be down, there will be inflation from both ends, for crypto currency, there will be a lot of FUDs that will come out, but in the end, in the long run cryptocurrench will still be alive, however for fiat, since all the economy today seems to be going falling, if you check all the currencies today they are falling as well due to the price of oil, and if we check Venezuela, they tried to make a currency for payment of oil, and i think that would be the start, since the USD is falling, in the long run, inflation will be high and people will look for ways on how to earn, and the best thing to do it will be by crypto, though fiat will still be there, most will be shifting.
42  Economy / Speculation / Re: Is market down due to Eid of muslims? on: June 15, 2018, 11:21:36 PM
There is no connection, unlike the christian holidays wherein they will go into a spendig spree becuase it is said to give gifts on christmas day, but actually, religion doesn't have any affect with the price of the market, there will always be speculations sayings it is due to holidays, these are somehwat giving us fake news, the market is down, because of FUDs and if you check the volume, it is much lower than usual only a few percent of the community is trading bitcoin. I think we should respect the holidays of different religion and stop relating it to the market, since the market knows no religion.
43  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [OPEN] ~ Digiwage (WAGE) Signature Campaign ~ on: June 13, 2018, 10:24:39 PM
After a long correspondence in the channel of the discord with the managers of this coin, I once again became convinced that they deliberately deceive the participants of the signature campaign and do not pay them the reward due under various pretexts. In the end, they banned me in a discord, but the community must know the truth. Be careful with these deceivers.

We got paid because we follow the rules, I just don't know why would you do a whole weeks work in one day and expect to be paid the same as those who are following the rules of the forum, I think you should ask other managers what would they think if they have a person burst posting in their campaigns.
44  Economy / Speculation / Re: SELL EVERYTHING!!!!! on: June 13, 2018, 01:17:57 PM
Yes, the whales are manipulating this market, so that's for me personally, I'm trying just to stay on top of the wave, and have what is mine.

I agree let's not focus on something that we cannot control, rather keep focus of our own investments, let's face it, even in the traditional stock market, a lot of insiders are manipulating the price, but you will not hear a word from outside investors, because therr are so-called gurus teaching about investments and saying it is all but normal, well in fact it is price manipulation, same goes for crypto, the more coin you have, the more you can influence the price, but if you don't focus on how you will enter and exit an investment.
45  Economy / Economics / Re: Money Is Political, Not Technical on: June 13, 2018, 11:43:04 AM
If we take a look back, money wasn't political since almost all had mutual respect, whenever someone paid in gold or silver coins, but it only becamse political when the powers had understood what power money can do for them as well as those who not in power but posses a lot of money, thus the reason why we have corrupt offices today there are those want to be in power so they can have more money to give them more power, this is true if you check out the bankers, since they have money, they can support the candidates and political parties that they want to win, and in turn the favor will be more on their side and the cycle just goes on and on.
46  Economy / Marketplace / Re: Digital Currency Take Over on: June 13, 2018, 02:27:00 AM
As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
I think we need 10-20 years to make crypto acceptable in the world as a legitimate transaction tool. but when the development can be seen very quickly. maybe 5 years can be a pretty ideal distance

I agree we must first need the countries to accept digital currency as a legit payment or currency, it is true that it will take years before everyone will accept it, however this will mean that we will limit digital currencies that we are using, since everyone with the knowledge and capability canneasily make their own, we may need to control altcoins or accept only those who have working projects, since there are already a lot of deadcoins in the market, there is no guarantee that they will never stop creating such. I think by that time when the whole world accepted digital currency already, masternodes and staking might halt, but then again that is in the future and we can never tell what will happen and in worst case scenario, digital currency might not be even accepted.
47  Bitcoin / Bitcoin Discussion / Re: Application of Blockchain in the Music Industry on: June 13, 2018, 12:21:24 AM
Well this seems to be nothing new, since it almost has the same concept with viberate and it is already in exchanges, I guess what we will see here is another friendly competition, since a lot of coins already have somewhat a doppelganger in the market, still this is good news, it only means that even local music is being influenced by blockchain and soon we may hear blockchain being accepted from different industries since it really is so convenient for us and also in time we might see all musicians being paid for their talent not for their profitability since most songs today are sung by popular people and they use autotune.
48  Economy / Speculation / Re: Right time to buy bitcoin "again" ??? on: June 12, 2018, 11:07:53 PM
Great time to buy. If it goes down just buy a little more. If it goes down below $4000, you should buy it with x2 or x3 leverage because that would be a safe safe profitable bet.

This is no investment advice. This is just speculation advise.

I agree we should keep buying even below that mark, since it will be considered a bargain, a lot of new investors will be coming in or will return, since we are talking about bitcoin here, it has a huge potential to get a new ATH and though it seems that it is not happening becauee as of now the price is going, little by little investors are already buying in, since there is a strong support at 6000 usd, still we cannot say that it will not go down further, since bitcoin is volatile, we must have plans whenever it goes up and down.
49  Economy / Trading Discussion / Re: Bitcoin Drops To New Lows at $6,600 on: June 12, 2018, 10:35:48 PM
It is true, this is absolute FUD, there's no way that altcoins can contribute in the drop of bitcoin, both are crypto currency but they are still separate entities. I know if we look st the chart of bitcoin now, we can say we alreadt had hit three bottoms, but this move is just part of a normal cycle, soon we'll see bitcoin going uo again, but for it to happen, I suggest we wait till Mt. Gox makes a a move so we can preare ourselves, becuase once they release the remaining bitcoins they have, the value will drop and it will be a sale, and since it is a sale, a lot will buy the dip, and the value wil rise again in no time.
50  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ICO and BOunty will End? on: June 12, 2018, 09:27:54 PM
ICO and bounty campaigns will not end, however it may be limited to only those who have a working project, aside from that participants are now looking for good ICOs and bounties, I think most of us had already lesrned from the past, since a lot a scammers had tried before still as a community we became aware of those malicious sites that will just take away our bitcoin and the like, this time, even ICOs and bounties are being closely watched since we cannot tell if they are going to try to hide from us after we invest with them, and also we are keeping an eye on those devs that might take away our investments.
51  Bitcoin / Bitcoin Discussion / Re: Why some people treat BTC as ponzi scheme? on: June 12, 2018, 08:49:08 PM
The Ponzi scheme is a fraudulent investment scam that promises low risk and high returns. The Ponzi scheme rewards old investors by acquiring new investors. It's sad to hear that kind of accusation towards bitcoin because personally bitcoin is overly legit to all networking companies or any profit organizations out there.

It is true that networking companies use bitcoin for profit, but this just gives a bad image on bitcoin, bitcoin was never meant to be in those companies, this is encouraging more FUDs, since we all know networking schemes seems to be profitable, but only for those who had started it first, those who are left out and on the bottom will never havr the same profit at the top, and then once you incorporate bitcoin with it, what will bitcoin be? Is it a product of their company or a as means of transactions? And bitcoin is volatile those people who will join in that networking company wouod never understand how it works, since the only thing that they want to see is fast earnings.
52  Economy / Economics / Re: [ASK] why is the year getting rich getting richer? on: June 12, 2018, 12:59:02 PM
Well the reason behind this is simply lack of knowledge, skills and attitude, since thenrich knows something that the poor doesn't they are too greedy to share it with the sinc there will be competition, this is true when you take a look at schools be it public or private, you will not  learn how to have tax exemption in school, how to be an investor or an entrepreneur, you have to be in college and will only take 2 subjects that are related to it but will teach you more how to be an employee, the rich also have a lot burn and already have security but the poor doesn't they need to create their own and arenstruggling while do so, for the attitude, it just needs discipline for the two.
53  Economy / Marketplace / Re: "Bitcoin mining is a Big no!" on: June 12, 2018, 12:34:12 AM
Beforr mining is profitable, but now though it still is, it seems that the costs of mining including the repairs and electricity is just equivalent to thr value of bitcoin that you had mined, it seems like you are just breaking even, also for bitcoin, there are only a few thousands to mine left, instead of mining, trading and accumulation is much more advisable since you will baisaclly obtain bitcoin as well, it costs much less than mining and all you got to do wait for confirmations, but still if want to try mining, just make sure that you are updated with thr current block, how much is left, and what will be the cost of all expenses.
54  Economy / Speculation / Re: Can you hold my hand? on: June 11, 2018, 11:13:59 PM
Sad



I might be the biggest proponent of "buy the dip" as a strategy in the forum. I always do it, and my resolve in the belief that Bitcoin will reach a 6 figure price is still strong. But sometimes seeing the price go down hurts. I need support.

What you are doing is absolutely correct, buy the dip, since during this time the price is on sale, what I think that you atr lacking is an exit strategy, you should also see to it that whenever you buy the dip, you sell at the right time, if you are not accumulating, since the three bottoms we had experienced already, a lot of people bought the dip and sell when it had reached around 8000 usd to 10000 usd. Creating a contigency plan will not hurt, but with this you can lower risk of having losses and it will also help you have gains in the future, even if the market is down.
55  Bitcoin / Bitcoin Discussion / Re: Why is bitcoin not used in medical billing? on: June 11, 2018, 09:35:20 PM
Well it's true that bitcoin still cannot be used for medical billing, however there are already altcoins doing such like Docademic, they use block chain in order to use for payment, also block chain technology is becoming a wonderfuo innovator for most healthcare companies just like united health group, they are already hiring developers to help them create a block chain, however this will not be in a form of ICO rather just information of the members or subscribers that they and other health carr systems have, in the future, we might see crypto currency being used as means of payment for healthcare.
56  Bitcoin / Bitcoin Discussion / Re: APPLE hails Bitcoin on: June 11, 2018, 01:22:02 PM
I think because apple is a tech giant it favors all technological innovations,  this time it is crypto currency, I guess this is to appeal to the community, but with this move, it only shows that they know what they are doing, sinc e bill gates made an announcement that is against bitcoin, apple on the other hand disagrees with him, I just do not know if this is part of their marketing plan or just a way to contradict bill gates again, nevertheless, this is really good for the community and hopefully they will also release their own crypto currency or even an exchange, since they can do it anytime they want.
57  Economy / Speculation / Re: BIG HOPE FOR BITCOIN on: June 11, 2018, 12:44:44 PM
Maybe it's too optimistic. I don't think it's appropriate to invest in bitcoin now. We can wait a little longer to let the market go up and enter the market again.

I think you're having a misconception oh how investments work, you buy ot invest when the price is down and sell when it goes up, but if you are wearied because the price is going down, rethink more than twice if you are really willing to invest in a volatile asset, though the market is going down, it doesn't kean we need to stay away from it, that's the time when we need to watch it closely, sinc the value will be more cheaper and just within hours those who are waiting for the price to go down will just buy and the value will go up in no time.
58  Economy / Speculation / Re: Bitcoin again 6k$..... on: June 11, 2018, 03:45:18 AM
I think this is nothing new, within this year we already had seen bitcoin go down even below 6000 usd mark, let us not worry over something that we can recover from, last time it hit below 6k, the value rose up just hours after hitting it, since bitcoin is volatile this is nothing but expected, but once the value goes deeper even below 1000 usd, i think that is the time that we need to reconsider, but as far as things goes, everytime bitciin goes down and becomes on sale a lot of investors will take advantage of the price and we'll see some pumps and dumps for a few weeks then we'll see it on a stable price, hopefully this time it won't break it support.
59  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Bitcoin go under 7,000? Please participate! on: June 11, 2018, 02:10:44 AM
As of now the the value of bitcoin is already below 7000 usd, I thinknwhat we can do for times like this is to rethink our strategy or if you already have a contingency plan that is well and good, since you became prepared for times like this,  since we are investing in a volatile asset, no one knows when will it go up or down, mostly arr just speculations, even if you use technical analysis, the flow of the market can still change anytime, some say that this is due to whales manipulating the price, but I think this time it is just because of whale doing their fair share of trading and nothing is unusual with that, however since bitcoin is down, we expect that even altcoins will be down as well.
60  Economy / Trading Discussion / Re: KuCoin vs Binance on: June 10, 2018, 03:21:49 PM
Both are good trading platforms ni doubt about it, some coins you can find on kucoin and some on binance, if you want to do arbitration, you can do on both platforms, the only difference is for kucoin, you have kucoin shares which for me is a good investment since everytime there is happening in kucoin your investment has a chance of growing even further, however in kucoin sometimes it takes too long for confirmations unlike binance, still I trade I do trading with kucoin. I agree that we have to support these exchanges since they had already contributed a lot in the community.
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