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421  Economy / Economics / Re: why do people agree to pay taxes? on: March 21, 2018, 06:34:14 PM
why is it ok for a group of people calling themselves the government to force everyone to buy their services?
if enough armed people refused to pay and told the government to go fuck itself there is nothing they could do.

We have different opinions but for me, i disagree on paying taxes because that is what cryptocurrency is all about. Bitcoins is really giving a good amount of profit from their investments because it is tax free and we have freedom on our own and government cannot steal money from us.
422  Economy / Economics / Re: Can we Manipulate Bitcoin price? on: March 21, 2018, 06:25:36 PM
I know there are many big players who manipulate bitcoin price and make huge profits but can we the bitcointalk members also form a cartel and let bitcoin price never fall?is it possible that we manipulate price as I am sure most of bitcoin users visit this forum

Yes, we can really manipulate the bitcoin price in the market. There are hackers in other countries that are changing the price in the market in because of them there are people who are selling their coins immediately due to panicking and makes the price of bitcoins decrease.
423  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH next to BTC? on: March 21, 2018, 06:23:20 PM
I just created this thread to gather opinions ..
Ethereum is next to BTC?

There are chances for it. We have news on ETH stating that Ether would gain threefold value by end of December 2018 with the support of its small contracts. They are working on forming small contracts which would in turn increase the value of Ether. Need to wait and see what happens. But we do have other competitors like; Maker, Bitcoincash, Dash, Neo, Monero and Zcash. Lets see what happens.
A lot of alternate currencies are there who have good potential and its price is no doubt can increase too much but still i think that it will take a lot of time, may be more than decades to overcome bitcoin, because bitcoin still the most popular and stronger crypto currency and its value is also increasing from time to time because of the increasing interest and investment of the people in bitcoin.

I believe that ethereum can take the position of bitcoins in the future because there are a lot of people who are really interested on investing on ethereum today and last january, ethereum managed to reach 1k dollar so we can rely on ethereum for our future.
424  Economy / Economics / Re: Is Bitcoin Volatility A Bad Thing? on: March 21, 2018, 06:16:16 PM
Steam dropped bitcoin support citing "high volatility" as a motive.

When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing?

If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad?

Where does the idea of high volatility being an unnecessary evil come from?

Are there good arguments or evidence which support the concept of high volatility being a negative circumstance?

In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction?

 Huh Huh Huh

People has different perspective so some of them are thinking that the changes in the market is bad but volatility is very necessary for you to earn profit, if bitcoins is stable at the very start of time then there is no way for other consumer to invest because the price is very expensive and you will not gain profit from investing on it.
425  Economy / Economics / Re: Still Trading When Red? on: March 21, 2018, 05:58:45 PM


It is said that we can make money in trading when the market is up as well as when the market is down. Right now, the cryptocurrency market is experiencing a big bloodbath (though there might have been bigger ones before) where some are estimating that we lost around 40% of the market value so far. Though I personally believe that this is just temporary and very historical (it happened in the past on the same period), it is still sad to see what we have already gained just wipe out in some hours and days. This is just the way with cryptocurrency market...

Under this dire situation, are you still trading or you are pausing for a while just waiting for the right timing when to buy coins and tokens again?



Trading on red is good if you have a huge amount of stack cryptocurrency in your wallet or exchanger because in this way you can earn more profit and you will also determine in this situation if trading is for you or not because it helps you think to invest or not.
426  Economy / Economics / Re: What is your best investment strategy? on: March 21, 2018, 05:57:05 PM
The crypto world can become unpredictable sometimes, making our choices of investing into it, a very limited one. From scams to ponzis, there have been many losses from investors, yet making it very difficult to find a reliable investment.

But on the bright side, you could still invest into assets and commodities with your crypto like Gold and Silver. Then, if done right you could profit along the way with a good strategy.

As for me, I only decide to invest into gold (by exchanging BTC to Gold) and into some NXT and BURST assets.

What would be your investment strategy? Please share your tips, advice, or any good strategy you would use to safeguard your crypto investments.  Smiley

The basic concept of marketing is just buy and sell  so there's and if you want a deeper then just try to research different speculations on what will happen in the market in the next months to pass by to make decision if you are going to invest or not.
427  Bitcoin / Bitcoin Discussion / Re: Real life usage of bitcoin on: March 21, 2018, 05:55:01 PM
Some online stores accept bitcoin as payment. Singapore has bitcoin ATMs too. Many freelancers charge in bitcoin too. It is just the beginning. With time, there are going to be many real life usage of bitcoin. If Bitcoin becomes stable like fiat currency, more people will use it as mode of payment rather than investment.

Wow. I hope not just Singapore has a bitcoin ATM. Allow 10 years for bitcoin to mature and I'm sure by that time, many countries will use bitcoin as a major mode of payment and for sure China will become more open to it.

I rarely hear of bitcoin atm and if singapore already does have right now then it was a good news since other countries can follow the concept as well and every can become a bitcoin investor to secure their future.
428  Bitcoin / Bitcoin Discussion / Re: Future of bitcoins on: March 13, 2018, 07:07:05 PM
The future of bitcoin will always go forward.
I think bitcoin has a future that will be good, because bitcoin can help people's economy and have started many people who use it surely people also have much support bitcoin. Smiley

I believe that bitcoins will not be a failure in the future and those people who invest a huge amount of cryptocurrency will get wealthy because the prices in the market will keep on increasing and everyone will live a happy and easy life if government will not interfere.
429  Bitcoin / Bitcoin Discussion / Re: For how long will bitcoin exist on: March 13, 2018, 07:02:14 PM
I think it will exist as long as people use it and as long as people adapt bitcoin in their society where they live. Bitcoin is easy to use and helps a lot to people and i am sure that it will last longer so its better to spread knowledge about it especially to the children who will continue the bitcoin.
I think it will last as long many people keep on investing and buying it. Furthermore, as of now no can predict that if bitcoin will last forever or not but I do believe it will last forever because this time there are lot of people started to invest and buy bitcoin. I hope bitcoin will continue in the future and on that time it will officially currency.

Yes you are right, bitcoins will not lose its value as long as there are investors in the market. The only reason why bitcoins is so popular today as well is because of the people who are so interested on investing and the demand is increasing so the price will obviously increase as well.
430  Bitcoin / Bitcoin Discussion / Re: Real life usage of bitcoin on: March 13, 2018, 06:59:17 PM
Don't you think price blast not correlate with its real life usage since its inception?

Its hoarded for speculative purpose but how many major cities in the world have even its ATM?

I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?

Who will accept it in store when confirmation time is so long.

Well if you are asking if people will be successful on earning cryptocurrency then i believe that most of marketing students will really earn a huge amount of profit if they will focus on trading because they are studying about different ways of earning money and how the  market works.
431  Bitcoin / Bitcoin Discussion / Re: Will the price be stable? on: March 13, 2018, 06:55:28 PM
I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.

What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?

They are only pertaining to how much bitcoins is already circulating to the market and it does not mean that when there's no more wave of bitcoins then it will lost forever. When the wave of bitcoins end then the value of btc will increase immediately because there will be more demand on the market and supply will last.
432  Bitcoin / Bitcoin Discussion / Re: Bitcoin to eliminate unemployment. on: March 12, 2018, 08:20:18 PM
Unemployment is a problem to the economy, bitcoin can help lessen the unemployment but I don't think it can eliminate it because every business has it's limitation for employment and bitcoin has too many crowds already. 

Bitcoin could really eliminate unemployment because there are a lot of people who are jobless today and when they find this forum then they have the chance to work on bounty campaigns and earn a decent amount of altcoins after the sale of ico's so this forum is also a big help for everyone who does not have a decent job on the corporate world.
433  Bitcoin / Bitcoin Discussion / Re: Bitcoin is changing the world. on: March 12, 2018, 08:12:59 PM
The best thing about bitcoin is that it is like an international money for all of us. One that has bitcoin can go to places without necessarily exchanging his current currency to that his country destination is using. We don't know what he can do to the world in next few years but he always surprise us with his price every year.


You are right, bitcoin is like our national currency and there are a lot of online stores today who are allowing a payment method of cryptocurrency in their online stores, in this way we can buy any products online just like credit cards using our bitcoins.
434  Bitcoin / Bitcoin Discussion / Re: teach your children about bitcoin on: March 12, 2018, 08:09:26 PM
Its not easy for a kid to absorb all your teachings about bitcoin. Me as a student, I read read and read articles about bitcoin but still I cant absorb all the informations i've read so what about for the kid? I think its better to teach bitcoin to those people who are really willing to learn

It is not that much difficult for them. Today's generations kids are smart enough to learn anything and their are various new type of teaching methods are discovered which help them to teach anything Shocked. I think Bitcoin is a new and interesting thing for them. Although it is a complicated thing but if you teach then in a proper way they will get benefits from it. You can teach children about Bitcoin by organising different Bitcoin campaign etc. Children are love to use smartphone gaming applications, if you create them such app for them they will get benefit. Bitcoin is the thing which makes them economic self independent in their future  Wink

It was actually depends on the kid if he/she is interested or not, some of the kids are stubborn and they only want to play so we should introduce them on cryptocurrency at the right age or else they will just neglect us. What we can only teach on our kids is to save money while they are young.
435  Bitcoin / Bitcoin Discussion / Re: Is bitcoin just a brand? on: March 12, 2018, 08:07:30 PM
Litecoin is faster, monero is more private, ETH has smart contracts and there are much more altcoin with much more features, even Bitcoin Cash is faster than Bitcoin, but BTC keeps rising much faster.
Don't you think it's just because of the name?

The reason why bitcoins is rising much faster is that, it is the first cryptocurrency that has been created and altcoins are just created in order to compete with bitcoins since btc now a days is very expensive and altcoins is also profitable even though it was cheaper and we can convert altcoins to btc as well so every coin is profitable.
436  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin important on: March 12, 2018, 08:05:36 PM
Bitcoin is digital crypto currency. Bitcoin has great future. Bitcoin is very important because it gives a person working place. It gives a man freedom. A person can self depended for bitcoin.

Bitcoin does really give people a freedom because they can become a trader in the market and work at home, in this way you can still make multiple tasks at the same time and you will not suffer on other fee's like transportation and food because working on the corporate world will cost you a lot.
437  Bitcoin / Bitcoin Discussion / Re: What will destroy the bitcoin? on: March 12, 2018, 08:00:42 PM
it would be very difficult to make the bitcoin crumble or die. bitcoin has good prospects in the eepan, seeing growth year after year and more and more are interested in investing in bitcoin, maybe just a loss of internet signal that will make bitcoin die

I only see that investors will kill the growth of bitcoins since they are the reason why bitcoins is also popular right now. The value of bitcoins last december 2017 has reached 19k dollar and because of that, there are a lot of new investors who are keep on investing today in order to earn more profit when there will be a huge pump in the market again.
438  Other / Beginners & Help / Re: why so many currencies? on: March 12, 2018, 07:54:13 PM
every coin is a share of the company! It was correctly said, there are the main coins for which all the otsalnoye is traded! The first five coins on capitalization, these are just those coins that serve as universal money! The exchanges will not add all the coins in the world, they add only the five largest on capitalization!

You are right, every coin has its own company that's running the ico and it is a business. This ico's are competing in the market in order for their coins to grow its value and people will be interested on investing so they must control the supply and it was a good thing for bitcoins because it makes its value grow even more.
439  Bitcoin / Bitcoin Discussion / Re: Fear of bitcoin on: March 12, 2018, 07:43:27 PM
This is money so you can control everything if you have money you can use money to have power,i think also they banned bitcoin in their country because it's not good in their economy like in china that leave crypto this year and it's give crypto so much impact in price like it down by 20%,we know china in good to do a business so think why they leave crypto because they can't earn here in crypto that's all.

I think it is the fear of being scammed because nowadays people becoming more greedy that's why the number of scammers are getting high as well as the number of afraid bitcoin users. And it is not bitcoin we are talking about. It is the earnings of users thats why we can blame other if there's fear in their mind.

You can always try to ask reliable traders here in this forum in order for you to get a good advice on what coin you should invest in order for you to get profit quickly within just a week or months. We can also be afraid of bitcoins if we invest a huge amount of money then the value drastically decreased but in that time we should hold our coins longer in order not to lose more of your investments and that's how you will learn your own strategy in the market to earn more profit.
440  Economy / Speculation / Re: Will Bitcoins hit 30K before the end of this year? on: March 12, 2018, 07:39:41 PM
I've been saying this from when I joined this forum that it is almost impossible to predict the price of bitcoin.Yeah,but we guess and sometimes the price satisfy our guesses.

This time I'm also guessing that the price of bitcoin can reach 30k in the end of this year of 2018.The starting of this year was'nt good for the price of bitcoin .But from the end of the month of February, the price started rising and falling a bit at the same time.If the rising of price continues, it is possible to reach 30k in the end of this year.

There is a huge chance for bitcoins to really reach 30k dollar since the last year price has bearly reached 20k, if the market will have a hype again just like what happened in last december then it was really possible for bitcoins to reach 30k dollar in just a month.
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