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4141  Economy / Economics / Re: China's complicates Bitcoins miners on: November 21, 2017, 09:38:10 AM
We already know China's government has been ban initial offerings and bitcoin exchanges in since beginning of September this year.
At that time, all bitcoins exchanges in China have problems to continue this business. Some China's Bitcoins holder also divert all its assets to store in abroad exchanges.

Source from
https://cointelegraph.com/news/breaking-china-may-cut-off-cheap-power-to-bitcoin-miners
Quote
The statement regarding the cessation of cheap mining electricity indicates that the Sichuan Electric Power Company has issued a circular indicating that it will no longer provide the necessary power from its grid-connected hydropower stations. The circular suggests that Bitcoin mining is ‘illegal operation.’ The circular has yet to be confirmed.

If this true will be applied then China's is serious to fight this Bitcoins business.
Huh, already said– illegal operation– Chinese government sees Bitcoin mining, ICOs and all of them that are associated with cryptocurrencies as illegal operations. Though I’m not 100% sure if they really banned other cryptocurrencies or just Bitcoin, because I’ve never seen or heard that they banned other cryptocurrencies, except bitcoin.

So maybe it’s just Bitcoin, and if so, then Chinese people who are interested in Cryptocurrencies can convert to altcoins by selling off their Bitcoins to exchangers. Just saying.
4142  Economy / Economics / Re: Why not just print dollars? on: November 21, 2017, 08:26:05 AM
Print more and more dollars will lead to the inflation and those present dollars will lose their price for real. So it's not just easy print more and more dollars like you said, you have to make a look at the market and economics. Printing dollars only happen when there was a lack of money for trading in the market.
Funny, you can’t print dollars. If it was easy, everybody would leave their job and just buy the machine to start print dollars whenever they need it. So since it’s impossible, no one can do it then. I don’t know if you have ever heard of what is a counterfeit? Any money that is not being printed by the central bank of the country is recognized as counterfeit. Originals are the ones that being printed by the central banks and you can tell the difference between it and the counterfeit.
4143  Economy / Economics / Re: Why the world really needs virtual currencies on: November 21, 2017, 07:56:59 AM
Because its way to secured and transactions wise faster than normal fiat currency formulation
Don’t deceive yourself, having a virtual currency doesn’t mean You’re safe from financial crisis or whatever it is you may think. Being way too secured and fast is not making any sense at all, and won’t make you any different from others. Fiat is what controls the world and if there is financial crisis, people will stop Investing on Cryptocurrencies and the price will run down seriously.
4144  Economy / Economics / Re: Can Bitcoin Volatility Be Controlled? on: November 21, 2017, 07:27:22 AM
I have read some posts and some concerns that it is the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin. This can be the main factor why big online shopping stores are not yet adding Bitcoin into their payment facilities (though there is now a circulated petition for this but I doubt if it can make a dent).

Some are really saying that if volatility can be managed then we can see Bitcoin going mainstream. I am wondering then: Is volatility something that we should find a way to control and how do you think it can be done?
Yes you can if you can also controls people lol. It is quite impossible even for some dictatorship country because you will have to control all the users in bitcoin to do that so it is impossible. Users are the one that makes bitcoin so much expensive for now leaving all that to investors might be impossible but profitable though if users are added youll get a tremendous amount of money.
Does something in my mind tell me you’re wrong? Dude, that’s a lie, I believe that all this depends on the devs that are running the system, it goes however they choose it to, and we the investors has a little role to play in this. The devs can control the price at anytime– they can decide to make it less volatile or highly volatile. So it all depends on them.

By the way, I don’t think Bitcoin being stable/less volatile will make any change at all. Being highly volatile is what makes it very sweet to invest on, at least you will be sure making profit in a short time. If it becomes stable, then nobody would be interested cause there is no profit coming from it.
4145  Economy / Scam Accusations / Re: simplefx is scam on: November 21, 2017, 06:54:23 AM
Simplefx is scam. i withdraw 0.45 btc yesterday. Simplefx canceled.(we have discovered a malfunction of our Liquidity Provider’s bridge function. In result of the malfunction, our BitcoinCash Liquidity Provider has not been able to fill our Clients’ orders since 11th November 08:55 UTC. Acting in accordance with point 27.2 of SimpleFX Terms of Use and Customer Agreement, we are forced to cancel all BCH trades placed after the above-mentioned time.)



simplefx  account number 114075



We have discovered a malfunction of our Liquidity Provider’s bridge function. In result of the malfunction, our Bitcoin Cash Liquidity Provider has not been able to fill our Clients’ orders since 11th November 08:55 UTC. Acting in accordance with point 27.2 of SimpleFX Terms of Use and Customer Agreement, we were forced to cancel all BCH trades placed after the above-mentioned time.

Trading on BCH currency pairs will remain halted until the issue with current Liquidity Provider is fixed, or until we come to an arrangement with a new Liquidity Provider.


Ok it looks like we got a official response by SimpleFX about the current issue. Although its a technical glitch that can be avoided if you have done testing before releasing it. And the timing of the glitch really irritates some of your customer specially that BCH at that time is being pump. So please do update us in the next couple of days so that this 'scam' calling can be removed from you.
I don’t really know but, one thing I would like to know is were they paying this guy before this issue occurred? If they were, then I don’t see anything wrong, it’s true they had an issue and will quickly fix it. And from what I’m seeing other people who makes use of Simple FX are okay.
4146  Economy / Economics / Re: What will happen if the government know bitcoin in your country? on: November 21, 2017, 06:27:19 AM
In any case I think our government will do everything to take benefits from people using crypto... I don't know how, but they are known racketeers
My country’s government is greedy, they don’t even seem to care for the people and always does things to favor themselves. Well, when evil men are leading, people don’t have rest of mind, except a good man gets on seat. But so far, they seem to have no interest in Bitcoin cause I haven’t seen the government of my country say anything about bitcoin, neither do they disturb those that are into bitcoin. Well, let’s keep calm and use Bitcoin and see what the future brings.
4147  Economy / Economics / Re: how can bitcoin help the community? on: November 21, 2017, 05:53:26 AM
Well the community will not progress if the people in it will not contribute. Bitcoin can help the community by its people. Learning this will help the people earn money and lessen the unemployment. And can contribute the needs in the community. The benefits of bitcoin is beyond that it can help progress the community
First thing you should know is that Bitcoin can not help all members of the community, just a few that grabbed the opportunity as early as possible, or should I just say the smart members of the community. Just to get this straight to the point, I would say yes it can help the community by making people not to depend much on their leaders, but on themselves instead.
4148  Economy / Economics / Re: How do I get bitcoin? on: November 21, 2017, 05:22:44 AM
if I think there are many different ways to get bitcoin by means of free or non free. and if the geratis it by joining the signature campaign project and bounty it can get bitcoin as well and if the non capital it can get by way of tranding.
From what I know, some people here are freelance programmers who either work on some freelance sites where they get paid in dollars and then use it invest on Bitcoin or they have a site where they work for people and demand for bitcoin straight.

Some just buy with a percentage of their regular daily job salary. Others are depending on signature campaigns and all sorts of campaigns like tweeting, faucets, growing and selling accounts and a lot more of others.
4149  Economy / Economics / Re: How to double your money using BTC? on: November 21, 2017, 04:48:37 AM
Indeed this is true. I've tried it as well also. When I first started here, I bought bitcoin also after 2-3 weeks it's price went higher, but I was new back then, so I immediately withdrew it. It is actually a good advice for those people who want to just try.
Replying to the first replied comment– one thing you should know is that not everyone is ready to invest their money into Bitcoin for the first time, especially newbies, and leave it there for up to a year…. No! Not even me an old member can do such, I always seek for an investment that will yield income in a month or two.

For those who just want to invest their money, I will advise them.to just wait for the price of Bitcoin to fall and then invest into it (I believe the highest rate as of now is $7000, so if you invest below that rate you’ve got no problem)
4150  Economy / Economics / Re: Bitcoin accepted as a type of installment on: November 20, 2017, 10:04:04 AM
Can be seen bitcoin value now whether it is down or up. if the value of bitcoin is rising  means the volume of demand for bitcoin increasing. and also now bitcoin enthusiasts are increasing. with so many bitcoin demands around the world it needs a market to accommodate this demand. from this fact of course bitcoin will be accepted worldwide market
Even if it’s accepted as an installment, that changes nothing cause things will still be as it is today, though it will attract some people when they see it on their favorite online shop, but some hates Bitcoin a lot and won’t even dare to try it, they just prefer using their credit card. By the way, why should be talking about Bitcoin installment? There are already lots of sites accepting as a form of investment.
4151  Economy / Economics / Re: Best organization for spreading crypto adoption? on: November 20, 2017, 08:51:43 AM
People like Andreas are the ones just helping people grasp why they should want bitcoin. He's an awesome salesman and he knows it. It's easy when you have an amazing product too. I'd love to meet some of these celebrities before they get too famous and never go out in public.
There is nothing like the best organization for spreading Bitcoin. No matter what you do today, it adds nothing to the ones that has already been done.

I believe a lot and enough has been done to promote Bitcoin, so it doesn’t make sense running and spending time on things that doesn’t make any sense anymore. Everything about Bitcoin is written online and is everywhere, so whoever wants to learn about it should research about it.
4152  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: November 20, 2017, 08:21:06 AM
For true devotees of Bitcoin, the price of the digital currency is almost irrelevant. They believe in its inherent value or, more frequently, cannot see any value at all in the alternative of government issued fiat currency. Price is therefore not a concern. At the other end of the spectrum, for those that harbor what appears to be an irrational hatred of Bitcoin and anything to do with it, the exchange rate also matters little. They were screaming that it was all worthless when the price was at over $1000, and somehow convince themselves that an exchange rate of over 200 times what it was before that bubble proves their point. For the vast majority of people somewhere in the middle, however, the price of the currency in Dollar, Euro, Yuan or whatever terms is important.

Read more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU
Of course! the price of the bitcoin is really important! Do you know why the bitcoin is becoming more popular? It is because of the price of the bitcoin that is rapidly growing. There are many people got influenced to buy bitcoins because of its price.
The price is very important, and I believe that’s the major reason people invest their money into bitcoin, and it is also the main reason people panic sometimes, and that’s when it begins to fall. Sometimes, when I see people say that they want a stable price for Bitcoin, I see it as stupidity cause I don’t see how you can profit as an investor when price is stable and investors are very important in every community, cause their Investment matters.
4153  Economy / Economics / Re: Would a global disaster increase or decrease the Bitcoin value ? on: November 20, 2017, 07:49:33 AM

I don’t think that it has got to do anything with the bitcoin or any other asset in the world.


I mean why anyone would think about the money when it is big war going on. There might be military division or government who will have to fill up their treasures for such bad time as they will have to mass produce the weapons and stand up big man rivalry.


I mean I’m sure what we will do with our money? Im sure that we won’t go outside the house and ask for the beer can when there will be fear of nuclear bomb falling your head. Lolz!


Im sure there won’t be any trades everything will be drained up in few days and we will die soon because this time every country has advanced weaponry and thats aint good.


You’ve got it wrong, there is one thing that controls the value of Bitcoin and that is the people (the community), and there is one thing that enables the community to contribute and invest on Bitcoin growth, and that one thing is money. In a situation whereby there is a disaster (depending on the type of disaster) the community will be forced to withdraw the Investment they have made so far, and thus will it lead to the decrease of value in bitcoin.
4154  Economy / Economics / Re: Bitcoin price behind ethereum price value in the future! on: November 20, 2017, 07:18:44 AM
Possibly, but it will be difficult for ethereum to outperform bitcoin with the soaring bitcoin price today. bitcoin has something that is not possessed by ethereum, that  bitcoin is the first cryptocurrency that has been created, of course as the first will be better known first by people.
Yes, that is true, Bitcoin came before every other cryptocurrencies, I don’t see any possibilities for Ethereum to take over Bitcoin in price rate. Bitcoin is growing faster than every other cryptocurrencies, but other cryptocurrencies has a little growth– example of that is going $1,850 to $7000 in few months, something no other crypto currency can achieve. So Bitcoin will always be on top.
4155  Economy / Marketplace / Re: Trading VS Bitcoin! on: November 20, 2017, 06:18:22 AM
Bitcoin
You really has given just the simple world but you said a lot I know the bitcoin will increase the value and the price and you will see how fast the value and the price of the bitcoin will increase I know the bitcoin is getting high and the way of the bitcoin earning is now being very soft and easy I known the bitcoin will give you the high status while the trading is quite risky so if you are trading in the bitcoin it means you are putting your money in the risk.
If it’s just trading and Bitcoin, I will choose Bitcoin over trading. Bitcoin is far much better than trading and with perfect timing for investment, you will be able to earn more than whatever it is you will earn from trading. Another good thing with Bitcoin is that you will not encounter loss (that’s if you handle your account carefully) there are also lots of opportunities available in Bitcoin, so anyone can earn from it (you can even trade on it) overall, bitcoin is the best.
4156  Economy / Marketplace / Re: What places do you do your shopping online? on: November 20, 2017, 05:48:19 AM
For me i always search from google for my shopping online to search what i want to search or lazada online shop.
You are right google is the friend of the people and this it is the best time to increase in the value and the price because a lot of the sites are now here and they are accepting the bitcoin as the payment and this the online shopping is the way to the money I can say the price of the bitcoin will be more than this till the end of the year 2018 I am sure the bitcoin will give you the best return if you will invest the bitcoin is the right time and the right sites.
Lol, why should you be searching for an online shop to buy from Google all the time? So that means you will be buying stuffs from different stores all the time, that’s really crazy. You can end up with a fake/scam online shop and have fake goods delivered to you.

If you want to be buying things online, then choose a particular store that can be trusted all the time, and not swing from one store to the other using Google is my friend as an excuse. Gamiss is a good online shop, there is also AliExpress, I don’t know about that Light In The Box that was mentioned. You can also go with Amazon by purchasing their gift cards with bitcoin.
4157  Economy / Trading Discussion / Re: Trading for newbie on: November 20, 2017, 04:46:42 AM
Trading is not like a game that you can easily get the gameplay.this is involving money.your money so better be carefull,,first you must be willing to learn,and open to all posibility in terms of winning or lossing..second you must be observant always read threads read read and read..third follow your instinct hes your friend here.dont just listen to the people telling you this and those instead feel your choice of coins,have trust on them and dont EXPECT EASY MONEY everything here must be hard earned
Trading is sweet, especially when you’re going through the learning process, but when it comes to Investing your real money into it, that’s where it gets serious, but more especially when you end up losing the money you invested.

Trading is not quite easy and it’s not something that everyone can get into, you’ve got to learn a lot on trading before you can start earning money from it. It’s not a joke.
4158  Economy / Trading Discussion / Re: From 0.1 to 1 BTC in 6 months with Day-Trading on: November 19, 2017, 12:37:36 PM
You can absolutetely achieve your goal. Daytrading is very profitable and so far i can't imagine something more profitable than this.
I started by the end of june with about 800$ of Investment - right now my portfolio is worth a bit more than 4000$.

Have fun trading & good luck with your strategies. I can only suggest you not to jump in P&D groups and avoid coins with low market cap. Try trading vs. tether for easier profits when BTC is rising.

I would be very interested  in knowing/learning how you achieved such profits. I have tried everything, alas, to no avail. I am thinking of quitting and saving myself some funds and stress, but If I can find someone that wouldn't mind showing me how they get theirs, I might persist.
I mainly analyze and check the market 24/7. It's not only the charts but also rumors and tweets from the projects that help much to detect a buying / selling Signal.

Try to find stable coins that tend to have great potential and constantly swing between certain levels.
In example: KMD Komodo. usally swinging between 2$ and 2.4$ in the past weeks. Buy in at 2$ or 2.1$ and immediately place a sell order at like +7%. Repeat. There's not much risk since the coin has support levels at around 1.9$.

As i stated, trading vs. tether is even simpler since it's not attached to the btc price.
Let's have a look at LTC for example. It has been around the 60$ mark quite a while now. It already tested a higher level some days ago and was mentionend in an artice of hacked.com. The volume is decent for months now. So - almost no risk. Buy in at 59$, sell at 61$ (almost 4% profit each trade). Repeat all day.

What happens if the coin doesn't hit the expected level?
You will end up with a good coin and good project so no need to worry about your investment. Hold it until price rises - or sell at any price if you want a smaller bag hold.

Personally, i bought Zcoin XZC, PIVX, Storj and Syscoin SYS lately.
Eehm… I believe if you did trading around last week and ending of October, you would have made a lot of profits. You know price was going on a steady high and high, so anyone who kept on trading that time might have made profits by choosing the right option. And by the way, that’s some kind of new totally Strange coins that you mentioned.

I haven’t heard of those before. Well, the thing is that I’m not used to buying altcoins, I just stick with Ethereum and Bitcoin. Maybe is time to extend my leave.
4159  Economy / Trading Discussion / Re: Best Altcoin Trading Platform ? on: November 19, 2017, 08:08:51 AM
I'm using 2 platforms bittrex and polo both have a good reputation and i haven't experience any problems with this 2 site but i read some negative feedback on bittrex which is the account disable.
Dude, I don’t really think so. I’ve been making use of Bittrex for a long time now, but this time, I’m afraid and might be switching to a different trade platform.

My reason for saying that is that I’m starting to see lots of people claiming that Bittrex is a scam site, and what makes it even worse is that others are also claiming that Poloniex is scam. I don’t even know which one to run to anymore, but I’m thinking cryptopia.
4160  Economy / Economics / Re: Bitcoin is Freedom on: November 19, 2017, 07:17:53 AM
Bitcoin is one kinds of online currency of modern technology. It use some different ways. We know, Bitcoin is important be because government and around the world are all thinking how to stop and regulated it. For the first time off human history ,of possible for anyone send money to or received money from anyone else on the planet, virtually Free of charge and  complete safety and without permission the government.. so Bitcoin users increasing day by day. So Bitcoin is freedom
Bitcoin is total freedom, and helps us achieve a lot of things, but some people misuse the freedom that Bitcoin gives to us by doing evil with it. Bitcoin has given me financial freedom, and believe me, for once I never did something bad with it, all I did was hustle real hard and make money through Bitcoin, and my hustle really is paying off.
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