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4001  Economy / Economics / Re: If the government supports bitcoin instead of the existing currency. on: April 18, 2018, 06:17:09 AM
If the government ends up supporting bitcoin then it will be a good thing and a welcomed development. But I doubt if they will ever plague their support for any cryptocurrency because they have so much to lose when they do. The government can't seem to lose their control over monitoring their citizens' monetary activities. And their support for bitcoin will make a lot of people shy away from fiat currency.
Actually, just not government who doesn't like cryptocurrency, the people will certainly be many who oppose because their knowledge of cryptocurrency is still small. And governments don't have to adopt cryptocurrency for the use of payment systems, they can make their own digital currency who can manage by themselves and have a centralized system. But the society in our country is still the layman in the digital world, and still comfortable to use physical money.
4002  Economy / Economics / Re: Many new rich people are created from Bitcoin on: April 18, 2018, 06:02:16 AM
That is true, I know somebody that has good living now because of getting into bitcoin world, he was just finished his college degree course because of bitcoin, he is the one paying his tuition fees and other expenses for his school needs.
well, I also know some people who used to be hardworking, and now he has become a successful entrepreneur because of using bitcoin. I'll be one of them, and right now I'm working on it. I'm targeting to be one of them this year  Cheesy
The average person who knows bitcoin around 2015 will be rich at the moment. Because in 2015 the opportunity to start investing and buying coins that are potentially very cheap. All I know is ethereum is made in 2015, the alert is if you bought ethereum in 2015 and you save it until now will be rich.

I know you are a 'Hero Member' and I do not understand why you are targeting to become rich this year, why do not you target in 2015 then, honestly. In cryptocurrency it is impossible we will get rich with just one coin, just on bitcoin. But we will have plenty of altcoin to support our wealth.
4003  Economy / Economics / Re: Only a mature and regulated crypto market will attract big investors. on: April 18, 2018, 05:45:00 AM
That is why we need stability in price and we are to work hard to achieve that! Unless bitcoin prices is stable we would not going to have large adoption. We are having many issues especially the volatility of the market and regulations and that means this is no maturity in cryptocurrency market and for big financial players to come into this market price must be stable.
We and investors are comfortable with the price of the volatile cryptocurrency. Because the main fact to get a big profit is price volatility. Investors will dare to take risks because they already know a big profit, it is comfortable to invest in cryptocurrency.

The government's regulation on each exchange is a plus to increase revenue. Risks will always exist despite government regulation being applied. The online system (internet) is very likely hacked by hackers and we have to be prepared for it.
4004  Alternate cryptocurrencies / Altcoin Discussion / Re: who think this is bull market on: April 17, 2018, 07:28:19 AM
i am thinking this is the market recovery mode on. This bull market will gradually comes up and it will be prevailing till  july. anyway i keep my holdings for the year end.


whats your views ?

Bitcoin prices fell 0.40% as did ethereum down 0.46% on the day. Recover or bull trap personally, I am still confused to determine. But it is clear if the media view cryptocurrency information that comes still balanced. So the price is still a little down and up does not rise drastically and the decrease is not drastic anyway.

Necessarily if you have a long term investment, do not bother what's happening in the market. Simply believe that the price of cryptocurrency will go up and stay silent. Make the experts who predict the bitcoin price could reach $ 25,000 by the end of this year and $ 250,000 in 2022, make it an entertainment when prices decline.
4005  Bitcoin / Legal / Re: Pakistan Central Bank Bans Banks from Cryptocurrency, ICO Transactions on: April 17, 2018, 05:38:59 AM
it doesn't matter crypto world is here to stay. Sooner or later SBP will be trading in cryptos because it is the future as far as i know.
Not only Pakistan, some major countries have also banned the virtual currency. Virtual or cryptocurrency currencies are also banned in Singapore, Thailand, South Korea, Bangladesh, Vietnam, Russia, Colombia, China and Nigeria.
Is there a clear source that the Singapore government forbids cryptocurrency?

The source is important to prove the truth of the news, you may be the one who often spread FUD because of the contra to cryptocurrency. Actually, the price of cryptocurrency depends on us (users) if you believe in FUD news then we will contribute to reducing the price of cryptocurrency.

As far I know, and I have friends in Singapore that Singapore does not ban cryptocurrency. They (the government) simply reminded that no one oversees trade and investment in cryptocurrency so that all risks are borne entirely by the user, they don't decide to ban cryptocurrency.
4006  Economy / Economics / Re: Legalizing Bitcoin on: April 17, 2018, 05:11:19 AM
If bitcoin will be legaize then bitcoin is taxable.  For sure there a lot from bitcoin will not happy to hear if this is taxable. I heard the tax is a litttle big and the price of bitcoin is unstable.  But so far in my country i dont have news about legalizing or even it is ban.

That's right, this is happening in Uncle Sam's country, bitcoin prices fell a few percents by the time the US government announced for bitcoin users to be taxed, the investors sold the bitcoin he had.

But on April 17, 2018, the American government will revoke the use of taxes so now the bitcoin price is rising again, as investors buy back the bitcoin for investment or as a means of payment. This indicates that the use of taxes to bitcoin investors makes them unhappy.
4007  Economy / Economics / Re: Bitcoin as savings, emergency needs possible? on: April 17, 2018, 04:41:25 AM
I've had a bad experience when I wanted to invest in bitcoin.

I don't have the money to buy bitcoin, and I think the best solution for investing in bitcoin is borrowing money, like to the bank or to another lending institution. Because at that time I predicted bitcoin prices will continue to rise precisely in December, but that happened is the prices continue to weaken in January until now and my debt continues to grow until now.

It would be better to use the money for investing in bitcoin is the money we have, without borrowing and even in urgent circumstances, we don't need to take it.
4008  Economy / Speculation / Re: Tim Draper - Bitcoin Price Will Hit 250 000$ In 2022! on: April 15, 2018, 06:45:23 AM
I don't think that is possible to happen in 4 years, $ 250k is too big and eventhough year by year bitcoin price continue to increase but 4 years is not enough to reach that's value. we can only predict but we never know what will happen in the future, may be in 4 years 100k is possible value for bitcoin.
whats wrong in speculating?this is speculation section and everyone is entitled to its own opinioj,and besides this is better than fraud or misinformation,and with fake news ..from this thread bitcoiner has new hope to look out and if this things becomes reality trust me,you will be the first person to jump and celebrate lol
So it's better to speculate and make high hopes for future bitcoin prices in appeal spread lies to affect the bitcoin price, is it true?

Actually I am a person who is not smart to speculate, and for me speculation is a hope, hope that will always be in my chest. And sometimes I am quite bored to also see threads that predict bitcoin prices in the future but I am in this forum, like it or not I need to have an opinion.

And seeing on yesterday bitcoin prices rising up to $1000 within an hour proves that bitcoin prices can reach $250,000 by 2022, in the future there will be many regulations that accept bitcoin, recently I read the news that Islam makes a statement that bitcoin is permitted to use. This will make the bitcoin price higher than the year before.
4009  Other / Meta / Re: BitcoinTalk ≠ Bitcoin on: April 15, 2018, 06:06:22 AM
Do you think people are dumb or something?
For people who don't know more about bitcoin then bitcointalk is a part of bitcoin. Just as they assume that facebook is internet, whereas facebook is part of the internet. Forum is a part, I mean we can not decide good or wrong (bitcoin) if only view from the forum only. It's too common to blame and make no confidence in bitcoin just because of the forum (bitcointalk).
4010  Bitcoin / Legal / Re: Ideas on de-centralized regulation. on: April 15, 2018, 03:58:21 AM
In real life where we coexist with the government, I would find it difficult to create a decentralized community. There will always be regulators who will decide and keep an eye on everything that happens in the community.

But for the technology world we are most likely able to create a decentralized system, we can manage by ourselves without any party set up. Because the world of technology will be hard to intervene by some authoritative rights, even though those who have authority like the government will do the banning then we will easily find a way to find it again.

Yes, I agree with the internet is a way to create a decentralized system. With the internet we can do anything that can never be regulated by the authorities. As cryptocurrency is always alive though some countries actually severely forbid cryptocurrency, but that is only their intention of the fact that cryptocurrency is still alive today.
4011  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best cryptocurrency to invest in 2018 on: April 14, 2018, 06:29:39 AM
I believe Ethereum will be the best altcoin this year. EThereum has a very large market capitalization, it ranks second place on the coinmarketcap chart, many ICO projects are built on the foundation of Ethereum, many large investors trust and hold Ethereum. I believe this year Ethereum prices will reach over $ 1500

ETH is a very safe investment and is rated second only to Bitcoin. I think ETH is improving their technology and we should believe in a future ahead of ETH because ETH certainly will reach $ 10,000 in the next few years and I'm sure this will happen because the demand for investment in this market is very high and ETH is currently very cheap
Yeah I belive that too, if you look at coinmarketcap.com the price ethereum will beat the price of bitcoin cash, just different $200. This is proves that more and more new investors will come and invest their money in ethereum. I think ethereum is the second choice for new investors after choosing bitcoin in first choice. Maybe next year ethereum can reach $10,000 and that is very possible, we can see that soon.
4012  Economy / Currency exchange / Re: Account for Bittrex on: April 14, 2018, 06:17:47 AM
On April 10th yesterday bittrex opened a new user, you can check this link https://www.coindesk.com/crypto-exchange-bittrex-is-taking-new-customers-again/ and just now I can create a bittrex account and already in verify as well. If you don't have yet, you can make it now, a bit of advice when bittrex sends verification to your email, please don't clik the link to verify, but use copy-paste the link to google chrome. I've tried several times directly click email verification, and it can't with the reason 'The page is not working' but when in copy-paste to google chrome the link is working.
4013  Economy / Marketplace / Re: Buying Coins on: April 14, 2018, 05:42:45 AM
when should I buy a coin?
When you have money, when you are ready to take risks because investing in cryptocurrency is very risky but the other side is very profitable. The first way to start investing is that you have a target and look for opportunities or decisions when you should buy and when should to sell. Don't focus on long term investments, but focus on getting profit.
is now a suitable time to buy coins when bitcoin and other alcoint are decreasing?
You can see price movements, technical analysts will help you to decide when to buy coin. Now the price of cryptocurrency has increased, usually this will take place in some time. Look at some coin in marketcap, there are some altcoin that have a rise up to 30% and above you can consider to buy that coin.
4014  Economy / Gambling discussion / Re: thinking quiting after lose on gambling. on: April 13, 2018, 06:36:59 AM
It's a normal feeling, I often experience like that. But when it's just defeat, if I win in gambling I don't think about it. My focus is gambling, betting and winning bets. When we lose in gambling, what we feel is regret and this suggestion will bring our feelings to end what we have lost. But for a gambler, we can't make our hearts calm when havinga a capital, our brain will focus on gambling and win it. We do not stop gambling if we have money, that's what I feel.
4015  Economy / Speculation / Re: BTC 20K in a week on: April 13, 2018, 06:24:48 AM
Cryptocurrency got fresh funds on yesterday, and kept bitcoin and altcoin prices up a few percent. Within an hour bitcoin was able to rise $ 1,000 and make the investors again collect the bitcoin. Honestly it was a very significant spike, making me a trader to buy again bitcoin for trading place, because in a few day back I hold my money to wait the price weakned.

Seriously, to reach the price of $ 20,000 within a week this could happen, as long as this trend up takes place within a week. Over the last few months we have been waiting for a situation like this, and now its time to get profit, or hold bitcoin as much as possible for the next few months.
4016  Economy / Economics / Re: Will the bitcoin be outdated by another currency? on: April 13, 2018, 04:35:32 AM
I have not found any of these signs will happen at this time. but in the economic world all can happen, including bitcoin outdated by another currencies.
Indeed, in cryptocurrency all can be happen, that's unlikely to be possible. But keep in mind, trust can't be underestimated just because there is a higher quality altcoin than bitcoin. Bitcoin has a large market compared to altcoin, which means many investors have more confidence in bitcoin than altcoin.

They (investors) will prioritize investments in bitcoin, after which altcoin will become the second priority. This situation will last long and will even remain the same in the future, its mean bitcoin can not be outdated by another currency. Investors will determine bitcoin be outdated by another currency or bitcoin can not be outdated by another currency.
4017  Alternate cryptocurrencies / Altcoin Discussion / Re: why alt is always affected? on: April 12, 2018, 05:38:36 AM
I noticed that altcoins are affected by the price of bitcoin when it goes up or goes down, what is the reason behind this? And is it possible that there is an altcoin that can possibly scape from this cycle and how?
Yes, it is currently we will see if bitcoin down then altcoin will be the same. The exact reason I didn't know exactly. I have two reason, the first reason is investors who have investments in bitcoin automatically they will have an investment in altcoin also, so when bitcoin prices go up or down they will sell and buy altcoin.

The second reason, we know that the biggest effect that makes bitcoin and altcoin is the information coming against cryptocurrency. They will automatically sell their altcoin if they know there will be a crash because there is bad information about cryptocurrency, not information that comes to bitcoin but information came overall to cryptocurrency.

Bitcoin is part of cryptocurrency, not a cryptocurrency part of bitcoin. So, it can go down and rise its altcoin price due to the same investor who has an investment of bitcoin and altcoin, or it could be because of hearing news from cryptocurrency.
4018  Bitcoin / Bitcoin Discussion / Re: Do you think Bitcoin can ruin a Country? on: April 12, 2018, 05:14:18 AM
if they can not afford to ban it, then please embrace it in strict rules, they should be applied because bitcoin is closely tied to technological innovation, all that is seen as a positive majority innovation will determine their value in the eyes of the world.
It will be difficult for the government to closely monitor the development of bitcoin in the country. They will not take a risk of receiving bitcoin, and bitcoin is hard to control because it is decentralized and anynomous. In other words if they need digital currency for a payment then government will make it with a centralized system.
if bitcoins can be included as a means of payment legitimate, then development and all things related will find its purpose, no need to fear inflation because bitcoin is not the main currency. they are just alternatives and their use should be closely watched by them.
Indeed, if they accept bitcoin as a means of payment, and not the main currency government still will be afraid of inflation. Keep in mind, bitcoin is not just as currency but as digital asset or function more than currency. The price is volatile, with the instant it will rise drastically this can cause inflation for a country. The national currency does not have volatile properties, it just moves slightly differently from bitcoin and other cryptocurrencies.
4019  Economy / Speculation / Re: Should I invest in BITCOIN ???? on: April 12, 2018, 04:35:58 AM
The important thing is this statement, if you don't have money where you can invest in cryptocurrecy. I suggest if you want to invest in cryptocurrency don't use borrowed money, that's a big mistake. Especially for newcomers, when the decreasing price then that will happen to you is strees, think about when bitcoin will return high. Unlike if you use investing with your money, you will be calm (with a note knowing the world of crypto) if the price decreases.

Depends completely on your financial status.

But this statement can be overcome, you will not lose money if you know and understand how to invest in cryptocurrency. The way to find out is to read every source related to invetation in cryptocurrency.

If you can afford to lose some money then its for you
4020  Economy / Economics / Re: What do you prefer Bitcoin or Ethereum ? on: April 12, 2018, 03:15:43 AM
I was wondering which one was your favorite out of the two cryptocurrencies? I think Ethereum has proved to be more flexible than Bitcoin even though Bitcoin is making the biggest noise
Why the choice of ethereum and bitcoin?

Both coin are very popular and promising in the future. I prefer to choose bitcoin to be a short-term investment or trading. The volatility of bitcoin price is so fast that it's more profitable to get short-term profit. But doing the transaction I'm not sure to choose bitcoin, because the process is long and the fee is high.

But for ethereum I strongly believe that in the next few years will be giant, so it would be suitable for me to make it a long term investment. Maybe about three to four years, and now a great time to start at the ethereum. I can't choose between bitcoin and ethereum because they are very promising to choose.
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