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421  Bitcoin / Bitcoin Discussion / Re: if bitcoin becomes the country's currency on: May 16, 2018, 04:05:35 AM
The popularity of bitcoin has now grown so rapidly that almost everyone in different countries recognizes and utilizes bitcoin either as a business asset or as a means of payment transactions.
And as we know so far the bitcoin legality is still a consideration for governments in various countries.

Looking at that fact is it possible bitcoin will be the currency of a country?
And can bitcoin change the country's economy for the better?

No, bitcoins can not be made in a country's currency. Although in the future crypto became very popular and the country adopted the crypto system it is likely the country will make their own crypto currency.
422  Bitcoin / Bitcoin Discussion / Re: Bitcoin Now and Forever on: May 15, 2018, 06:06:35 PM
I've been listening to lot's of talk people are indulging in these days about future of bitcoin and most of them assume there's no scope and hope for bitcoin.

Maybe, Umm Maybe they are right but strongly they are wrong based on the fact the world is moving.
Gaint's company and people who are running an organization would never support in the future of bitcoin because they feel powerless when they won't control the money, but because of the power and technology is being used behind this coin they might surrender.

Ok, I've been listening to some people saying "We won't be relying on money generated by electrcity" my point is what's the problem in this "Are we going back to the era where there will be no electricity? No Never".

As a normal person like you, I believe there' no bad in these coins although they are making our lives easy and saving us from crazy taxes. I'm not a millionaire I think for my every single $ like most people. There is the downside of these coins that I might not aware of but overall it's a good experience for me. Although during my trades I always lost my money never get profit. (I'm bad at my luck or not know how to play)

As a resident of Las Vegas, I can see a dramatic change in this cryptocurrency no matter if it's going down but surely will raise based on the growth and usage.

If you wear some cool unique dress and other peoples starting to wear the same dress and after sometimes that same dress starts selling on the shops at your city and in the world that means your dress was really awesome.

Same with this bitcoins It's been used all over the city. Let me give you some real facts.

Las Vegas is the city of tourist and we all know people all around of world came here and these people have good money.

Casinos and gambling are the heart of Vegas the moment you step into the airport you will see poker machines and now casino's are accepting bitcoin...

Gentlemen's Club in Vegas have started to accept bitcoin. However, not all of them but the point is they realized and started to accept this powerful thing.

If you walk to the restaurant and have NO Dollar that's fine you can use your bitcoin to pay for food as Restuarants accepting Bitcoin...

I know there are many other big places you will see bitcoin being used I just mentioned places which are most visited places in Vegas.

PS: No matter how much the value of coin goes down we still can't predict the future and hope this currency should grow...

Your expert thoughts are always welcome  Cool



Yes bitcoin is very good as a hold for now and forever, because bitcoin like a source of income that can be used to support the economy for the better.
423  Bitcoin / Bitcoin Discussion / Re: Stop Listening To False News... on: May 15, 2018, 04:14:38 PM
The current "crash" is caused by one bad "news" after another. A lot of them are the false or twisted truth.

For example, today, once again "China Full ban crypto". What the... Why is it causing another crash?? Why is it even "news"?

It was already banned in China back in September 2017. All trading platforms suspended trading in September. Anyone from China who still trade Crypto must be using foreign platforms. Sure, they reported that China added all crypto exchange sites to Great FireWall. So what? These people have VPNs! When I was in China, everyone who visits foreign sites use VPNs. Yes, China banned VPN as well a long time ago. So what? Everyone is still using it. Just like ignoring the traffic light is illegal in China, but at every intersection, you will see people ignore the red lights... the truth! Just because it is "illegal", does not mean no one will do it.

So just this (one) news of China banned Crypto, it was repeatedly used to crash the Crypto market (4 or 5 times). Do not fall for it!
1. Summer 2017, China banned ICO.
2. September 2017, China banned crypto trading.
3. November or December? China became unfriendly to crypto mining (Large-scale miners moved oversea already)
4. January 2018. China banned websites of foreign crypto exchanges. (VPN!!!)
5. Today, "China Full Ban Crypto"... (Really?)

So what is next?
"China really ban crypto"?
"China really full ban crypto"?
"China really really full ban crypto"[​IMG]
"China will jail anyone who trades crypto"[​IMG]
"China will execute anyone who trades crypto"?
"China will nuke every country who trade crypto"[​IMG]??


Stop spreading this nonsense. What's done was already done in September 2017. Nothing has changed ever since. NOTHING really changed in the last 4~5 months.

Yellow journalism at its best.


Same goes for Korean and Indian news. South Korea did not really ban crypto. Just one guy wanted to ban it. It was not approved, nor implemented. So far they have only added regulations that people can no longer trade anonymously. So what? Didn't Coinbase, Kraken, Bittrex etc. US-based platforms all require our IDs and photos?

India also did not ban crypto. Just a minister made some unfriendly speech toward crypto. No real "ban" whatsoever.

From the look of it, someone or some groups are trying hard to make the prices go down. The sad thing is, people are falling for it. The same China "news" was used on 5 occasions to cause the market crash while nothing was really changed or happened. Korean news was used on at least 2 occasions.

The bottom line is, let's just ignore all the stupid "news". Use our brains. Not hearsay from yellow journalism. It is getting annoying to have every little "news" to impact the market price.

Yes, listening to fake news is the beginning of panic, to hesitate and eventually panic selling. Positive thinking is the main capital that can sustain our beliefs to believe in crypto and at the end of the story we will benefit.
424  Economy / Speculation / Re: Can Bitcoin Will be Zero on: May 14, 2018, 03:01:22 PM
In the morning I read the news where one of the leading multinational finance company stats that the “Bitcoin & Other Cryptocurrency will be zero”. So is it possible? If possible then which instructions should be followed getting out of debt?

I think bitcoin will not fall to zero, bitcoin is the most desired crypto coin, and when bitcoin falls there are sure to be many people who will buy bitcoin and since many adopt bitcoin then bitcoin prices will increase again.
425  Economy / Speculation / Re: Don't lose your faith in BTC. on: May 14, 2018, 02:54:09 PM
Don't lose faith fellows. You will never regreat

is there any possibility to reach all coin price to jan 2018 price
   
Could bitcoin reach 100.000$ ?

The future is none other than history repeating.


Chart 1




Chart 2




Chart 3




Chart 4





BTC will go upto 100000$ within 5 years.



Update

These are hard times fellows

   
India closes doors for Crypto Currency

Bitcoin has an unstable price in which bitcoin may increase and then fall, but bitcoin may increase again. I'm always sure bitcoin can increase and I hold it when bitcoin falls.
426  Bitcoin / Bitcoin Discussion / Re: Bitcoin to be used as world currency? on: May 14, 2018, 02:48:09 PM
For a long time, now the political elite and the leaders of the Vatican have been looking for a world government and currency,

I do believe that bitcoin is a part of financial future and great way to become an investor, but I have doubts that it can possibly replace traditional money or become world currency.

What are the possibilities and stopovers??

Bitcoin can be used for global transactions, where there is no state limit for bitcoin transactions, but the traditional currency will not be lost and will still be used for local transactions.
427  Bitcoin / Bitcoin Discussion / Re: bitcoin is the vehicle, we run it on: May 14, 2018, 02:42:43 PM
A lot of posts are about bitcoin (eg bitcoin for illegal transactions ... bitcoins change lives ... bitcoin destroys the world ... bitcoin poison and so on) but basically it's all humans that move .. bitcoin is the tool. Good bad how the tool is how the man who runs. is it worth blaming bitcoin. What is your opinion?

Yes it is true, bitcoin can be a vehicle for profit, but it depends on how we ride bitcoin, if we direct bitcoin properly then we will get profit, but if we are wrong in riding bitcoin we will only get loss.
428  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum is the future of crypto, bitcoin is not. on: May 09, 2018, 02:25:23 PM
ETH will allow $2T of underground economy to become more structured (and possibly less underground) through DAOs.
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/04/23/americas-2-trillion-shadow-economy-is-the-recessions-big-winner/

If it captures 1% of that $2T, it is equivalent to $20B, which would put ETH somewhere around $150. Those who sell for $2 will shit bricks, eat sand and may even commit suicide in the years to come. If it captures 10% of that ETH will be $1500. I know it sounds crazy, but so did the Internet in 1995.

Once it's launched their main focus will be on scalability, which I think is the real reason crypto is not ready for mainstream. Once they can handle 100K TPS (and I'm sure they will), it's game over.

Ethereum is a strong coin, and also a lot of people adopt ethereum, but I think ethereum is not as easy as it will beat bitcoin, ethereum is still relatively young and will definitely be hard to beat bitcoin.
429  Economy / Economics / Re: Feeling bitter in banks? on: May 09, 2018, 02:09:55 PM
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?

No, I do not want the missing bank, I use the bank as a medium to receive profits from crypto by changing to local money, so I can use it to meet my daily transaction needs.
430  Economy / Speculation / Re: Hold or Sell on: May 09, 2018, 04:00:30 AM
today the price of BTC is down by -36%.
For those of you Bitcoin owners what are your plans in these circumstances?
  • Hold your Bitcoin?
  • Selling Your Bitcoin?
and would you like to give me a reason. thanks. Smiley

I think if you buy bitcoin at a high price, then the right choice is to hold it and wait for the price to increase again. You must have the patience to benefit from bitcoin.
431  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum is officially dead on: May 09, 2018, 03:39:29 AM
We have seen ETH going up and down so many time. Now do you think ETH is officially dead, why do you think so?

You are wrong, ethereum will not die, ethereum has an unstable and normal value if there is a decline in ethereum value. Eliminate the panic inside you, it will only make you afraid.
432  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The future of Ethereum (ETH) on: May 08, 2018, 02:22:42 PM
Hi guys! I am planning to invest in alt coin, particularly Ethereum. What do you think is the future of ethereum?Is it a good investment?Please help me.Thank you.

I believe ethereum will have a good future, so making ethereum as a long-term investment is the right choice, because ethereum will provide a good profit.
433  Economy / Economics / Re: How does bitcoin become a currency? on: May 08, 2018, 02:09:17 PM
In the beginning, BTC could be used to exchange of low value of virtual items, such as buying web sites or game points, virtual items, etc., afterwards, some people in order to get these virtual items, items may be in online auction own reality for BTC, others want to buy the real goods, but no BTC at hand, and then use real money to exchange BTC, as a result, BTC begin to flow, and have a "value".


In other words, bitcoin is inherently valuable as a means of payment; If it loses its function as a means of payment, it becomes worthless.

The value of money: it exists because of payment.

Bitcoin is indeed a crypto currency that has the potential to continue to increase and many people want to own it so bitcoin is becoming more popular. Bitcoin is not just a currency, but bitcoin can be a good and profitable investment.
434  Bitcoin / Bitcoin Discussion / Re: What makes Bitcoin valuable? on: May 08, 2018, 01:53:54 PM
Everyone in the crypto space has had people tell them that Bitcoin is worthless or that it doesnt have any true value.

Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.

So heres a little cheat sheet for any newbies out there who get this question or accusation:

1. Bitcoin is safe.  It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.

In short, Bitcoin solves massive problems with the financial and political world, and that is its value.

And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.




-





@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential




Bitcoin is very valuable because bitcoin is a decentralized cryptocurrency so bitcoin is easy to use for transactions and as a store of money without any incriminating third party rules.
435  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO Is Really A Good Investment or Not? on: May 08, 2018, 04:53:36 AM
Hello, Friends...

I Recently listen about the ICO (Initial Coin Offerings)!But I'm confused, Is it a Right Investment or Not?

Anyone Suggests me!

Ico is a good investment but you should take your time to do research on ico, in order to know if the ico project is good or not. And if ico project is good you can invest for profit.
436  Economy / Economics / Re: Why the world really needs virtual currencies on: May 08, 2018, 04:44:06 AM
I came across an article this morning that, to me, really shows why the world needs a virtual currency. I'm from England, and there's a saying here that goes: "When America sneezes, the rest of the world catches a cold." The article discusses the history of the Asian Financial Crisis, and how we may be heading toward something similar.

It amazes me that we have a currency that can potentially protect us (working people) from global financial crises. This is unique and incredible time in history!  Grin

https://www.rt.com/op-edge/398890-financial-crisis-asia-curency/

I think that is the reason why the world needs virtual currency because the world needs a change, in which virtual currency is easier to use and we do not have to bother to bring physical money.
437  Bitcoin / Bitcoin Discussion / Re: what are the common challenges for bitcoin user? on: May 08, 2018, 04:37:31 AM
As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services.
we should know.
1.what challenges are facing bitcoin?
2. how we can prevent it?
3. how we should face those challenges?

I think the most common challenge for bitcoin users is they become panic when the value goes down, I think patience is the most challenging in bitcoin, because bitcoin users are faced with losses and profits, so time management is important.
438  Economy / Trading Discussion / Re: How do I stop panic selling cryptocurrency? on: May 08, 2018, 04:28:46 AM
The question itself is the answer “PANIC”.

Everyone knows cryptocurrency market is highly volatile and risky.
And most of the people do emotional trading.
They sell when it is crashing. And suffer from the loss. They panic and sell in the loss.

What is the point in selling at low?
One must wait for the market to turn green and bullish.

The way to stop the panic is to not engage in panic-inducing activities such as day trading.
It is like the old joke; a man goes to the doctor and says my arm hurts when I put it overhead.
The doctor says don’t put your arm overhead Grin

If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.

Try not to panic easily and you must have confidence in crypto. The value of crypto coins can go down at any time and then can increase in value, it is a natural thing because it is decentralized. If the crypto value falls then all you have to do is hold it, and wait for its value to be sure to increase again.
439  Economy / Speculation / Re: what affects the price? on: May 08, 2018, 04:20:09 AM
bitcoin slowly went down this year, from almost 20k USD last December and went down at a significant price

what might be the reason why bitcoin's price is going down?
what are the major things that can greatly influence bitcoin?
answers would be fully appreciated Smiley

Bitcoin is a decentralized currency so that its price is directly influenced by demand and supply and also negative news and positive news circulating in society.
440  Economy / Speculation / Re: bitcoin worth it or not? on: May 07, 2018, 05:26:06 PM
Hi guys!

iam kind of noob of this bitcoins and i have some questions i need to have answer on.

is it worth to invest right now? do guys think its gonna rise up much more or just crash?

should i buy btc, or just mine it by my self?

best regards

Bitcoin is very feasible because bitcoin can to change your life, bitcoin is the strongest coin and you will benefit by having bitcoin.
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