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4301  Economy / Trading Discussion / Re: BTC HOLD or SELL? on: January 31, 2018, 06:34:27 AM
I have 70 BTC now (average price 7500 USD)

HOLD or SELL

I`m very worried about Bitcoin Cash.


For me just hold it for the mean time because the value of the bitcoins is falling these days so if you ever sell your bitcoins you will not gain that much money and they will absolutely gonna rise somehow after a week so just sell it when it rises a little if you really need the money. But i suggest to hold it until the end of the year because there are some rumors that bitcoins will rise up to $40k in the market before the year ends so if ever that the bitcoins will reach again upt to $20k or above you must sell it before it will fall again.
Your absolutely right holding at this time is good decision and I have seen people are worrying about their investment the reason is they are new to the bitcoin and they don’t know enough about bitcoin that it shoots to high after every fall and maybe this time prices will go higher than 20k let’s hope for the best and selling at this time mean saying good bye to the high profit so keeping calm for a week will bring huge amount.
4302  Economy / Economics / Re: why bitcoin is banned by the government on: January 31, 2018, 05:52:31 AM
is not that bitcoin able to change the state of its users which effects also on the state of the country's economy, why even banned hemzzz Grin Huh

maybe they are just afraid with the presence of bitcoin can disrupt the local currency and the effect on the economy of the state,whereas parties of bitcoin already declared one-party bitcoin Indonesia that bitcoin is just a virtual currency and will not replace the currency of rupiah.
No government is banning bitcoin everyone is welcoming bitcoin in their region and they realize the fact that bitcoin is the alternative name of progress and development and no one can deny this reality so now bitcoin is legalize all across the world and those region who are unaware of this innovation education about bitcoin must be delivered to them and sooner two to three years bitcoin will be leading currency.
There are maximum countries that have declared bitcoin legal and these are mostly those which are serving as hubs of technology such as Japan, USA and so on. It is a fact that those who really understand the importance and worth of bitcoin and this blockchain technology have declared bitcoin legal in their states and rest of the countries are also getting inspired by them. In most of the effective parts of world, bitcoin is legal.
4303  Economy / Gambling discussion / Re: Why do you care? on: January 29, 2018, 10:55:18 AM
I do not care about this question because I just come to enjoy the game. But since I sometimes have winnings, I think that gambling institutions work honestly.
and true I also proved this,
and says almost all casinos are honest.
and who cares about this? most gamblers gamble with their pleasure.
is just a beginner gambler who always claims that a casino is a scam, because they have lost their funds by the casino. and that's what makes them all care about this

Those people who said that a certain casino was not fair are the types of people who are hoping to earn profit by just gambling and suddenly got lose by playing just like what you've said. For me, I also don't think that there are casinos who are not fair about their games but I think that there are some online gambling website who does, 😂

Casinos are never fair and this is a reality that all the gamblers are aware of. House always has an edge over the player. Earning money in fair way cannot give big amounts. From the very first time, casino is always trying to snatch the money of the gambler but in order to accomplish this, it first needs to turn the customer into a regular one. This is the reason why in the beginning a gambler wins games back to back but starts losing eventually.
4304  Bitcoin / Bitcoin Discussion / Re: Bitcoin holder's dilemma on: January 29, 2018, 10:16:35 AM
Maybe if the bitcoin changes from time to time have not been able to go up I will soon sell them to earn money and try to find another altcoin that has a movement fast enough to gain profit and be able to cover up the previous loss.
Bitcoin is the best investment and it is very much unlikely to happen that it won’t gain value from time to time, at least not in the near future. It is the best of the best when comes to giving profit to its investor. No other crypto coin has helped as many people financially as bitcoin has. However, I would suggest you to invest in Ethereum and ripple also. This is the right time to get benefit out of those two.
4305  Economy / Trading Discussion / Re: Newbie should trade or not? Please give me idea. on: January 29, 2018, 08:57:47 AM
Leaning by doing!!!

As you know that has risk. You have to find the solution to limit the risk.
Trading is not an easy thing to do especially for the one who is new to this field. It is really a very risky thing to do if you will start doing trading and that too at a beginner level. The thing is you need to focus on learning the things first and then go for trading or any other thing like that.

Otherwise, you will end up losing your money and eventually you will decide to quit trading without gaining anything good by doing so.
4306  Economy / Economics / Re: What's in a Satoshi? on: January 27, 2018, 10:31:10 AM
if satoshi will be divided infinite times, it will be negligible.  that's why, i think, the reason why satoshi is the smallest is because it will be nonsense to put up or name an exponential value that is lesser than satoshi because it will be so small, zero or approximately equal to zero.
This is just like someone asking why is cent the smallest division of dollars. That’s a crazy question to ask. I will just say that you should take it as dollar, the smallest division of dollar is cents, so that’s the same thing in Bitcoin, the smallest division is satoshi.
4307  Economy / Economics / Re: Marketing eats technology for breakfast on: January 27, 2018, 07:54:38 AM
There are many examples of clearly inferior products taking the market and obliterating others that were technically better. I just can't help forgetting Microsoft agains McIntosh or even Cocal Cola which has been know to be rejected in blind tasting tests.

Do you think that it is also happening in the Crypto space with Bitcoin, alts and ICOs?

All i can say is in marketing,the competion is always there, so in order to appealing more customer or investor  you must find a good marketing strategy in order to sell your products.and that situation i thinks  never been  happen in crypto space between  bitcoin,altcoins ,and ICO because  these three will always together in the world of digital currency,when making a new platform exchanges  these three will working together,to become succesfull those trading or ICO campaign.
Despite that, some people still sell inferior products to people, which is something I hate very much. More especially, all these big companies are into such things. They kick off with original products, and when they get popular and see that people are buying their products, they start making fake and inferior things, it’s very, very bad.
4308  Economy / Trading Discussion / Re: Hold or Trade - Which is Better? on: January 24, 2018, 06:30:08 AM
Having seen the massive rise of cryptocurrency prices in the previous year, I have seen that if one gets a coin at the right time and holds it before the prices pumps up, there would be huge gains. But then, the frequent bearish attitudes of the markets also affords one some gains.
Among these two strategies, which is better and which d you recommend?
Hold or trade both are better to making profit. If you're holding your coins then ultimately when the prices rising your investment also rising that is the biggest advantage of holding. Trading also good when you have experience or knowledge about it. Trading helps you to make huge profit . According to risk wise trading is more riskier than holding . Thus at the end of discussion I must say both are better for investment.
4309  Economy / Economics / Re: Is this the end for bitcoins ? on: January 23, 2018, 08:08:47 AM
Very recently I read an article , which assumed bitcoins to be exactly like the Dutch tulip mania , the Mississippi bubble and the south sea bubble.

The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.

What do you guys think about it ?


Maybe you are a newcomer, but this type of rumors have accompanied bitcoin for a long time, which is why most of those who have remained in this ecosystem for a long time no longer scare so easily before these supposed threats. In fact, this type of "news" is a clear signal to many that it is time to buy, because a big pump is approaching and these guys are trying to get us away from this great opportunity.

I don't think it is quite true. Even if you stayed with Bitcoin for many years, it still scares the pants off you whenever a news like China driving out miners or Korea banning Bitcoin comes out. It is always frightening even for experienced and well seasoned traders, no matter how brave you think you are. As Cus D'Amato once said, fear is like fire, if you learn to control it, you let it work for you, and If you don’t learn to control it, it will destroy you and everything around you.
We’ve always been through this kind of situations, but they don’t actually mean that Bitcoin is ending, most of the times they seem to be an open door for bitcoin and will even make price rate of Bitcoin go higher. Though the news about China banning all Bitcoin mining companies got me a little scared and confused, but I still believe nothing will happen.
4310  Economy / Economics / Re: What will happened to bitcoins after one died? on: January 22, 2018, 10:57:01 AM
If you don't let somewhere your data access, they will remain unused (it seems that there are BILLIONS of dollars in bitcoin that can't be accessed anymore...
It will remain unused but I think that this statement is depicting a confusing and blur notion about the actual reality .The thing or the fact I must say might get clear when we would say this the other way round, the coins would not get utilized by the owner or his relatives but they will get circulated to the original bitcoin chain and hence, there would be no benefit of saving those for such a long time even lifetime.
4311  Economy / Trading Discussion / Re: Investing all my savings! on: January 21, 2018, 08:41:13 AM
Yes, it's not a good idea to invest all your savings in cryptocurrencies. when you invest a lot the risk ill get higher. so be careful while planning something like this. the value of cryptocurrencies goes up and down.it ill never be a constant value. Find more details about Coin market cap
I don’t really think so that investing of all your savings into bitcoin is actually a good idea in any way. Investing is no doubt a good thing and it actually gives you an opportunity to make more money using the resources which you have but the thing is you need to be very much careful whole deciding this thing that how much of your investment you have to invest ad you have to keep some of your money as savings too.
4312  Economy / Economics / Re: When to buy and sell bitcoin on: January 11, 2018, 08:30:43 AM
I think that this is the right time to buy bitcoins and not sell it at this stage as price is falling now so its an great opportunity to buy bitcoins cheaper and hold it for next few months or years as price will surely increase in long term and may be in next few days price can go even lower so its good to wait for a while and see how price behaves in coming days and if drops dramatically then that would be the best time to buy bitcoins and there is no point in selling right now as it will affect your profit margin very badly but if you show some patience and manage to hold it longer then you will be making really good profits in future.
The most common practice which most of the investors who are busy in buying and selling of bitcoin follows is that they go for buying of some good number of bitcoins at the time when the market value is falling down and later on sell the bitcoins at the time when they are getting enough amount of profit which they were having in their minds. This is the easiest way of making more money.
4313  Economy / Trading Discussion / Re: Don't Spend Too Much Time Trading? is that true? on: January 11, 2018, 07:58:24 AM
Yes its true
buy at low price , watch graphics candle
if reach 40% price from your buyed ago
sell.. but if you lucky. you can earn profit 100%
it depend condition coins
It depends on how often you are checking the market. Moreover, it is not about checking the market all the time that counts except you are a day trader, but it is about not spending too much time trading that is being said here. It is one thing to day trade, it is another thing to day trade for close to 24 hours, having few sleeps and then continuing like that the next day. Such a person will only age so fast and get his/her brain deteriorated.
4314  Economy / Trading Discussion / Re: Trading or not? on: January 11, 2018, 07:09:04 AM
As long you did buy and sell that called trading, and put all money in 1 coin is risky because make investment in crypto just speculation and no one guaranted the price will going up, so to minimize the risk should be buy minimum 2 different coin that has strong in fundamental.
This I really a tough question to answer. In my opinion, there can no one other than you which can help you in getting the best possible answer of this question. If you are fond of doing trading and that you are earning some good money by doing trading, then there is nothing to worry about. You ca continue doing trading as it will help you in having much more money than anything else.

4315  Economy / Economics / Re: DON'T DO PANIC SELLING !!! on: January 10, 2018, 07:37:49 AM
i did this once, i sold my btc because i taught that the value will crash down but it stopped going down and started again to go up. the next day I converted back to btc then after a while it goes down again and again, i converted back my money. I lost almost half after doing this, it only happened for 3 days  Angry Sad
You will find number of similar cases which happened in the past and will keep on happening in the coming days as well. The main reason behind all this is that it gets difficult for the investors especially the newbies to take control over the situation at the time when the market price starts falling down and soon they lose control over their emotions. Panic selling can only help them in suffering of huge loss and nothing else.
4316  Economy / Economics / Re: what is the future of Bitcoin ? on: January 10, 2018, 07:07:54 AM
I think it's true that bitcoin has become a new phenomenon on the internet in the last few years, because with the rapid development of bitcoin makes so many people invest and hope bitcoin will be the future for them, no doubt because there are many people who prove by investing in bitcoin . and reap success. So answering the question above is true bitcoin is the future for us.
The way bitcoin is making progress and the way people are praising about bitcoin, I am very much sure that bitcoin is going to make really a good name in the days to come. The market value of bitcoin is playing a very vital role in making bitcoin earn more fame and good reputation.

In addition to this, people are investing a major portion of their income in buying more bitcoins which is increasing the demand of bitcoin.
4317  Economy / Trading Discussion / Re: Be cautious with new exchanges on: January 09, 2018, 11:11:30 AM
It looks like they have a small volume with trades right now, but doesn't really look like a scam exchange. Does anyone here trade on topbtc? I doubt the exchange will be listed on coinmarketcap if it's a fake one, but the price does seem a little fishy.. They also claim to have free exchanges. I wonder how they make money
It does not at all and it is not a scam exchange compared to what the OP must have thought. At least they are trading, the volume is low and it must be a local exchange somehow. Nevertheless, why would anyone want to do arbitrage without being sure of the website they want to transfer funds too? That would be an extremely absurd thing to do.
4318  Economy / Gambling discussion / Re: Your Lucky moments during gambling? on: January 08, 2018, 09:01:58 AM
A simple lucky moment is to get back your loss on that day, and in the next day back to normal, I loose it again. Gambling is pretty good when you want to entertain yourself but if you do this for a living then you must get out of it.
Anyone who is really gambling for a living should just be ready to start digging their own graves, because at the end of the day, they either die from frustrations of life, end up having a heart attack, or even break down and never recover from it. It is a silly thing to do considering gambling as an investment and I am not sorry to those who see gambling as such and if they cannot accept the truth, which they say is bitter, then that is their own problem but I cannot keep shut without saying it.

I sincerely beg to differ.

Gambling is not just about dice. There are many types of gambling, and even trading can be considered as a variety of gambling too. You just need to know what you are doing and when to stop. For example, there are many successful poker players who make a living off it, and if this occupation is rewarding both financially and emotionally, I don't see how it can possibly ruin your life. But if it is not, then you will quickly abandon it anyway.
Yeah the luckiest moments during gambling is no doubt when you win money and more luckiest moments are even you using your winnings to buy something for you or for your family. You have bought a cellphone but I will buy house because I gamble twice in a month and if the luck favor me I will win a huge amount of money and then I will buy a house for my family. That will be the luckiest moments for me.
you said true in this regard. I think winning the game cannot give you much excitement and joy as the winning back of losses can give you because this was something that belonged to you and when you get that thing back, I think you hear the voice from your inside saying that this is you real winning.

Buying something for your family members is something you like the most because when you do this, a sense of responsibility reflects in you.
4319  Economy / Trading Discussion / Re: where do you get your predictions? on: January 06, 2018, 09:03:54 AM
hello!

for me being new to cryptocurrencies i would like to know from where do you get your predictions about the price of not just bitcoins but other cryptocurrencies?


you are new in cripyto world but you directly want to trade, I think you should add knowledge first about your new crypto currency trading, because prediction is not always accurate, so learn first try, hope you get profit after studying crypto currency,
The bad thing most people always do when it comes to trading is to be looking for shortcuts. If that basically works and anyone can get those shortcuts, we will all just be trading while someone else is using their brains for us. The thing is even if we have some who are, it is still always good to be able to make judgments on your own because they cannot always be right.
4320  Economy / Speculation / Re: What will be the consequences of increasing demand to bitcoin? on: January 05, 2018, 11:44:52 AM
Is there any negative effects to bitcoin if it becomes more popular than it is now?
There will be no negative consequences of increase in the demand of bitcoin. In fact, this will increase the market value of bitcoin as the most common consequence which you observe due to increase in the demand of anything is the increase in the market value of that thing. As the market value is increasing, so it is resulting in the market value of the bitcoin by much larger value.
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