South Korean government is on plan of their own digital coin termed as BOSCoin.
wow, this is something new. Could you provide a proof? please  Yeah Countries planning to have their own digital coin is good to have a development in a better way as bitcoin and several digital currencies are gonna make a financial change. due to changing trend of the people government must be thinking about to create their own digital currency which can be applicable in a particular area but still i do not think that the will compete with bitcoin. |
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There are a lot of reason for me to like bitcoin, because it's not owned by the government. You can profit more $ than the interest you get from the bank. And it's easy to transfer money because the transaction is fast and it has low fee.
The convenient of transactions has made me more attracted to this currency. before that there were a lot of problems with online payment processors for example paypal but now with bitcoin all those problems solved and now we can easily and with freedom transfer our money to any place of the world. Yeah and now we don't have to depend on banks and other payment systems to send or receive money which also involves higher fees but now with bitcoins we can do it with the least fees and it also saves our time and money as it can be easily done by sitting at home. but currently still a lot number of people do not have the opportunities to use bitcoin for getting such facilities. i think they need proper education and introduction about bitcoin. |
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Most problem bitcoin may take in 5 years if probably technicality issues on the main network or on the subnetworks and some slight system issues
Where you get that answer? as long as all of the bitcoin dev still on the debate and the issue will never have fixed. 5 years? where is that thing coming from? I think bitcoin will still be unstable. Now the price of bitcoin is on the rise. The price is almost back to the price at which the fall began. I think this is due to the positive expectations of recognition to bitcoin and speculative operations in the market. If the market will not panic the price will rise further. yes that is right to say the price is now again touching 1200 USD level and hope that this time the price of bitcoin going to cross 1500 USD level. and will even continue rising. i think it has already cross 1200 USD leverl again. and hope that this time the price of bitcoin is going to reach to 1500 USD level very soon and after that price will continue increasing. |
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For the first time, when I look at the offers on LocalBitcoins.com, there are a half-dozen currencies ahead of the US dollar, offering a higher price for Bitcoin than US dollar users.
Euros, South African Rands, New Zealand Dollars, Hong Kong Dollars, Polish Zloty, Malaysian Ringgits.
It is no longer just the US, EU or even China driving adoption. There is a market for Bitcoins in major countries all over the world.
Yes,Japan has passed a bill accepting bitcoins as payment officially.Liberland has made bitcoin its national currency.Nigeria is facing a huge economic crisis and so its people have lost their faith in their currency and have started to buy bitcoins.More companies have initiated steps to accept bitcoin payments.Bitcoin is soon going to become a global currency. i personally have no idea that either japan has passed the bill about bitcoin or not, but i think it will be a good decision if the government has taken about bitcoin. |
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Holding gold and bitcoin is one of the best thing to add from your plan for long term investment because if you add those two in your investment portfolio then you will surely earn money in the future from just holding and doing nothing. Just look what does the price of bitcoin in at least past 6 months and compare it now, you can see that it jumped big from that price then now. Just imagine how much you will earn if you just not hold it for 6 months  . to me i think the only reason can be the price of bitcoin is increasing continuously and that is the reason that people are holding bitcoin for the price increase. |
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(Plz don't give me the "bitcoin transactions takes too much time to get confirmed" comment because the answer will be "put some transaction fee")
But this is not how things should be There shouldn't be such fees in the first place. Conceptually, given the number of nodes capable of confirming transactions (i.e. nodes having full copy of the blockchain), the fees shouldn't be there at all. In fact, there should be negative competition since among a few dozen thousand nodes capable of confirming transactions will always be a couple of nodes that will first include transactions with no fees, just to support the network at its lower edge. Today, we see paradoxical situation when miners instead of facilitating bitcoin payments are actually hindering them. This is nonsense from an economic point of view if you ask me, and this should be changedWe are at a point where the financial gains have more priority for miners than serving the whole Bitcoin eco system in a honest and appropriate manner. It has no chance of changing unless we move away from the POW aspect and incentivize some sort of a node pos system. That idea on its own will not be welcomed as the fundamental changes are too severe, which basically means that Bitcoin won't entirely be Bitcoin anymore but a complete different coin I can't really tell whether PoW is worse or better than PoS in this respect I just don't have enough technical knowledge to make a definitive conclusion, but I think we don't even need to go that far. The issue can be fundamentally and I daresay even gracefully solved by introducing instant transactions in the way Lightning Network makes them possible. Massive off-chain transactions will necessarily bring down the number of on-chain transactions to a minimum, and miners will have to either leave or include all transactions. Otherwise, they would still have to leave eventually. But once expensive miners are gone, difficulty will readjust and cheap miners will take over. This process will necessarily cause demonopolization of the mining field via purely economic, indirect means To be honest Transactions Fees are kind of a cheap thing considering that it is way cheaper compared to what Banks try to take from our accounts. Recently I just sent Bitcoin to my friend in which it cost me around .00045200 BTC which is just around half a dollar. Transactions fees like this help maintain or support Bitcoin itself as they are the ones who give us the most benefit from using it in our daily lives. The problem is that the transaction fees are growing quickly now. At some point the fees won't be cheap. For small transfers the transfer fees can be a serious issue. yes that is a problem, it is making for the user of bitcoin more difficult to send money from place to place even creating problems for the users of bitcoin who are using bitcoin for shopping etc. |
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Why do we need to not trust the banks? Do you have any proofs that banks is not trustworthy? Because i think they are. Banks are trustworthy because they help the economy to have a smooth circulation of the money because that is where the most people put their money. Banks are here for a lot of years and i think that is enough for us to believed that banks are trustworthy.
there is a bank that has made customers lose money when in liquidation. This case in my country. but not all banks are bad, I still believe in state-owned banks, because a lot of financial aid that is given to the people. I just do not believe in banks other than state-owned banks, because most of the deals they give you is a lot of benefit to them but not to the customer. we now have our own wallet so maybe we can reduce the use of banks. Each client can go to the bank and accepts the bank's terms and conditions. Nobody forces to do so. Of course there are circumstances in life that force to apply to the banks, but it is not the fault of the banking system. We are not so much dependent on the bank as we are accustomed to use their services. Banks are the integral part of the system and there are no other option available to store money securely. This situation is exploit by the banks and they often charge a lots of taxes etc. Yes and the fact is people have more faith in banking system in compare to bitcoins as they are using banks since its inception and they also don't have any other option of saving money and even if they start using bitcoins in future they will use banks too. actually bitcoin are surviving for a long time and they also have support of government therefore people are trusting on banks, i think it will take a long time when all the people will start using online wallets instead of banks. |
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bitcoin is good if you are looking for quick profits or if you are a strong believer of the bitcoin potential and you are sure the price will be more high in some months or years. Gold is good if you are looking to secure your assets for a 5-10 years period and want to be safe
yes that is very right to say that bitcoin can give you a very quick profit, because when the price of bitcoin start increasing then it goes very high in no time and can give you a good profit. |
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Trading is still profitable but it's not that "easy" anymore and its not for everyone. I remeber that some time ago almost everyone did some trading but now only the most experienced and skilled can make good results and have decent profit. That is how I see trading situation at the moment.
It will always profitable, it's basically not an easy thing but you need to believe on it. Once you started to know almost everything with it, in the end you'll say that trading will always be worth it. Because if you know and have an insight for the future forecast of a certain pump and dump of a coin, you know what to do. As long as there is volatility in the price, then there is potential to make profits. All you need is enough fluctuation to be able to buy and sell with a profit repeatedly over time and you could make money by trading. yes that is very right. the profit from bitcoin depend on the ups and down of bitcoin. if the price of bitcoin goes up then we can make good profit from it. |
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My trading strategy was very typical and normal action as a traders in the exchange platform. Just all I wanna do is when the price crashing down for me its time to sell and then if I know the coins is getting up that's the right time for me to buy, but this things I did need a a quick action just like as bot or more fast than a bot. Because I applied day trading, but you can also do long term trading just set buy wall and sell wall, its simple as that.  I just wonder how you will be sure that prices will get crashed down or will get appreciated ? I believe this is what every traders will be looking to make use of it in their trading. I guess it will not be that much easier to predict accurately. We need to have any special tools for predicting it that will be capable to support this strategy. Also, quick action is always the needed one before prices are jumping up or down. yes that is very right that prediction about bitcoin is not such an easy job. although there are some good traders who can predict about the price of bitcoin so accurately but still most of the peole cannot predict about the price of bitcoin. |
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Many people quit trading for various reasons. Some of not good results, lack of funds or big losses. The thruth is that Bitcoin trading is not so easy anymore and the most experienced, dedicated and skilled have survived in that business. But if you have lost more than you have warner and if you can be on trading platformes 24/7 than is better to quit.
to me i do not think that it is such a good idea to quit trading because of loosing money i think you should change your strategy and planing about trading and hope you will be successful one day. |
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There are some basic techniques about trading that you need to learn to start trading, without having enough knowledge about trading is completely wasting your money. In the beginning, your trading just tries with the small amount of money, even though you loose it won't harm you much.
yes that is very right to say, that if you want to become a good and successful trader you need to first learn about trading and after that you can invest your money in trading and only then you can show good result in trading. |
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Clearly you have a huge appetite for risk. This is not always a good thing, as with trading your situation could be even worse than gambling if you're not very good at it. My only advice for starting is to not put in too much money, and only put any money into coins that are moderately stable and have been round for at least a year without being seriously dumped.
Trading was not just simple or easy to apply to do it. It needs time to study first before you proceed in the battle platform. You supposed to have a proper knowledge in trading for you to obtain profit in the exchange platform. Meaning, if you know what you are going to do in trading well that's the time for you to start in doing trade. yes trading is not such an easy job, it really require a lot of experience and skill. if a person do not have any experience in trading then trading is really risky and one can even lose his own money in trading. |
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I heard a lot about trading and mostly it was about that trading is the best way to make your botcoins work on you. But I still didn't try to trade, I have a wish, just looking for something checked and save. I am not a professional as you can see. On this forum there are tans of information about trading and from this you can find which areas for trading more or less predictive.
Even you heard a lot about in trading which is you are much familiar with it that this is really profitable but still your not attempt to try to do it. Maybe because your afraid to do so or there is fear bothering on you, well if that so, it is much better not try than to try but will be loss only. at least holding some of your bitcoin for a long term was a very safest thing you did.  We want to make money we should take the risk, Just once try to do a small amount of trading then you will get to know what actually risk we face in trading. Just listing others suggestion will not make to enter any business. But Trading is not an easy job, it will take the time to learn, but once you get experience in trading, you can easily make money with this method. yes that is very right, without taking risk, i also do not think that we can made money. if we want to make money from trading then we must have to take take risk and invest money inn trading. |
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Thank you lunarbets,eu, thank you manager, i also conformed that i received the payment. long live lunarbets.
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respected manager i want to change my bitcoin address as there is some problem in my previous address. i also do not received the 1st round payment, hope this time i will receive the previous week payment also. my new BTC address is
1LLiTAJ1zTNYHRoMjCtLh3VYoNEM8BCFF3
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If you want steady income then only way is to find something then work for it otherwise there is no way to get steady income. Good luck
Even you don't have work you can have steady income as long as you have your own investment or business. Most of the people that are earning steady income are those businessmen, because they are focusing with it and working hard with it. And that is making them a good amount of money which is very effective. I don't think that having no work for a long period of time will sustain you if you have no investments just like what you've said on this thread, well practically online jobs is not permanent nowadays so you better save your money in order for us to invest what we have for a short time. The best ways to have a steady income is have a permanent job and that money you earned will become your investments soon, because of savings. Yes you are right. The best source of permanent income is getting it from the main activity. The rest should be additional: trade, investment, gambling. I will have to agree with that because that is how I think. Everything that I do that connects with online money is just an add on to what my income really is. This things will surely vanish anytime so having a stable job outside the internet world should be mandatory for us. If all of this will be taken out there must be a fall back specially when you are supporting a family already. Yes, for the time being we are all dependent on work in the real world. Work on the Internet gives us only a small income. But there are also people who have the main income from the Internet Yeah and I have seen many people who are full time into bitcoins but those are the people who have huge capital to invest either in bitcoins or in trading so even if price fluctuates very little still they manage to make good profits from it. to me i think those people who do not have day job so they have good opportunity to use bitcoin as for trading by investing a little amount of money. |
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I agree with you. In fact, only a small percentage of the world's population knows about the cryptocurrency. Therefore, the crypto currency will not soon catch up with the popularity of Fiat. And hardly ever replace the Fiat
It is not really able to make it, that is the fact with bitcoin. And bitcoin will always be treated as an investment by most of the people, though many of us are already using it as an online currency. But there would be one day that the fiat will be upgraded into something that has the same idea with bitcoin and other crypto's. Yes, bitcoins are now considered by many people as investments. This is due to the fact that the price of bitcoin is growing. In the long term, it can grow several times. Few people use bitcoins to buy everyday products Actually as of now in most of the countries, we can't buy any everyday products using bitcoins directly because they are not so popular in mainstream business yet. Bitcoins are more popular in the gambling industry. But for investment purpose, it is quite good because of its high price fluctuations we can make some profits regularly. Fiat has been fully involved in our daily lives and it will take a lot of time to completely eliminate it and start using bitcoins. Bitcoins has started replacing credits cards which were being used online. And paypal is also going to be replaced by bitcoin it seems like in the coming few future paypal will feel like they do not have any need by the community and will end up or they will also adopt bitcoin like they will also start their bitcoin wallet. actually the use of paypal is limited in limited area and bitcoin is present everywhere, as you can see the users of bitcoin everywhere in the world. that is why bitcoin replace payal. |
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And i think that's Lunarbets.eu should have an articles and video campaign to introduce more players to join . Good website but they need to know about it . So pay a little to find more customers is a good things to do . And avatar campaign too, make something unique of lunarbets.eu.
yes i agree with you, perhaps by way of a campaign to create a blog or a video that will make people will believe and know your gambling sites so that people want to try to play and bet on Lunarbets.eu, it will look very well and will grow in the future. yes i also agree with you that it is one of the best way of promoting your gambling sites and hope that the number of gamblers will be increasing from time to time. |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
Bitcoin needs to be calm when trading. We have to be very careful especially in dump and pump situations. You do not have to worry if the price of bitcoin drops. Anyway the price will rise again. But it may not rise again when altcoins fall in price. Many people are losing money in altcoins. yes that is the nature of bitcoin that it s price increase and decrease from time to time. i am hopeful that in future we will never see any downfall in the rice of bitcoin . |
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