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441  Economy / Trading Discussion / Re: How I can make money with cryptocurrencies? on: October 29, 2017, 12:42:01 PM
There are many ways to get money from crypto. for example - Trading, Investment for long term, Signature campaign and Gambling etc etc.
Signature campaign is very good method for making money from crypto,(doing posting on daily basis). Gambling doesn't that much profitable as compare to others. but only in signature campaigns risk is negligible but others always involved risk.
All other methods were really fine with me but I think we must avoid counting gambling with other means that are reliable and profitable. Gambling is more about losing the money and then crying over that loss. I strongly oppose that nonsense.

Mining could also be considered as one of the methods but the best is to join a signature campaign when a person is a newbie and then start trading with small amounts because this gives some real profits.

that's right, since you're still a newbe in the world of cryptocurrency, it's good, first you have to learn about it. By following the signature campaign, you can also get btc, as well as learn more about cryptocurrency by reading posts, asking questions, and more. When you've understand, maybe you can start to trade well and making a lot of money with cryptocurrency.
442  Bitcoin / Bitcoin Discussion / Re: What is the effect of Hard Fork for bitcoin? on: October 29, 2017, 12:31:50 PM
I think there are good effects and there are also bad effects.
- The issue of there will be another free coin given to the bitcoin holders, making a large buying wall so that bitcoin prices have gone up recently.
- some people consider hard fork unsafe, and there will be many bitcoin transactions which means benefiting the miners.
- support for bitcoin is reduced due to the separation between camps with one another, such as those occurring in bitcoin cash.
there may still be something else that I didn't mention, but at least this is what I see happening during hard fork.
443  Bitcoin / Bitcoin Discussion / Re: Bitcoin fees make me angry on: October 29, 2017, 12:19:13 PM
What the hell ?




it's way too much . i pay higher on fees than the amount i'm sending to people
and i work a lot with bitcoin on small amounts..

The solution for this is: pay using ETH , then convert it to BTC using changelly.
What a great site is changelly! brings al ot of value.

This looks to me a simple way of promotion. I think you are one member of changelly or a paid advertiser using posts here in the forum. The fees that bitcoin is asking in each transaction is getting really high. We have been experiencing this for some time already. That is why many people would advice not use bitcoin in small transactions such as buying a cup of coffee. But if you are determined to use it for such transactions, then you also have to accept the high fees.

If it is true that bitcoin transaction fee are all equal, big or small, this should be a serious problem for the users. Because this technology is intentionally made to divide into 8 digit digits, to be obtained in small quantities. But if the transaction fees of bitcoin in large quantities is equal to small (Equally high) it means more bitcoin is for large transactions. While small transaction, will harm users.
444  Bitcoin / Bitcoin Discussion / Re: interest in bitcoin is increasing on: October 29, 2017, 11:59:11 AM
As per we can see the interest in bitcoin of people is increasing at a high rate...I believe it will be our future...but will the shoppingsites like flipkar,amazon be able to accept bitcoins?
may be in the next generation.......thanz fr reading

I've hear that amazon already adopting bitcoin. And companies such as microsoft and steam, have also adopted bitcoin. I thought this may affect the increase of bitcoin users. If facebook group also adopted bitcoin, I think, bitcoin users will increase significantly from before. because bitcoin will get advertising for free, if a social media platform like Facebook has adopted it.
445  Economy / Trading Discussion / Re: What to do when the market is full of red on: October 28, 2017, 12:35:11 PM
what to do when markets is full of red ? of course you need to cut your losses and then buy it back in the bottom,
but the real problem in here is most of it you sold it at the bottom and when you want to buy it back,
the train was leaving you alone,so what should you do ? of course you need to take some rest if you can not do that.
have you try to do something like research before ? if you did that and still get caught by it which mean you're not good enough to control your emotion.
it would be better for you to hold it until it goes higher than your buy order,
in brief you need to take a vacation or rest whenever you see the market or your portfolio underwater,
just set your sell order and take some rest from cryptoland,it's the best way to minimize your problem and losses

Cut losses and buy back in the bottom. Sounds new to me. but after I do a calculation with an example like this: I bought 1 eth at $ 400, when eth looks down, I cut loss my 1 eth at $ 350 price, and I buy it back when it touches $ 250 and gets 1.4 eth. That means I don't have to wait for eth to rise to $ 400 to return my capital. This makes sense. But still, it is not easy to determine when it price will stop diving.
446  Bitcoin / Bitcoin Discussion / Re: What can you do with Bitcoins but can't do with Dollars? on: October 28, 2017, 11:57:19 AM
there may be a lot that can be done with bitcoin, but not for dollars. Among others

- Send money to any country for a reasonable fee. and received in a matter of minutes.

- You do not need a bank account to send money, you just need a wallet.

- there is no monthly fee if storing bitcoin, the longer stored, the higher the value.

- Continue.
447  Economy / Speculation / Re: Big News From China on: October 28, 2017, 11:18:18 AM
I thought, since the news circulated that china ban cryptocurrency and managed to knock down the bitcoin price by more than $ 1000, then it was they

who were smiling. They can see their strength or influence for this technology. And now, they come back after the bitcoin is at its peak.though Its not

surprising. But I'm just wondering if they are behind the bitcoin price hike.
448  Bitcoin / Bitcoin Discussion / Re: Besides crypto, what would be the safest way to hold your money? on: October 28, 2017, 10:50:52 AM
Like most of ppl on this forum, I believe in the monetary crash to come and I want to take my savings out of the bank. I invested in about 7 different crypto already but only a certain amount that I can allow myself to loose in case of a crypto collapse. Not brave enough (or crazy) yet to put all my savings in crypto.
But I definitely want zero $ on my bank account soon, and I was wondering what would be the safest way to hold your money (buy lands, invest in gold, hide it under the bed, invest it a myriad of different businesses...). Thoughts?


if you say besides crypto, that means you think investing in crypto is a safe investment.
by the way I have an opinion about saving money and investing money.
- keep it under the bed just like you said, or in your safe deposit box, you will manage it's own safety, but your money will not be increase.
- If you keep your money in the bank, it's absolutely safe, but you just get low interest.
- Invest in crypto currency like bitcoin, eth, ltc, dash, ripple, it's risky but will be great for long term investment.
- Buy lands / invest in gold ,one good for long term perion, the other are easy to cash out. and the safety is in your hand.

449  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you picky with ICOs? on: October 27, 2017, 12:38:49 PM
I am more than meticulous. I have just joined a modest bunch of them. Those that I believe are truly reliable and the pre-ICO is a simple offer. Everybody of us ought to be critical with regards to putting resources into ICOs. All things considered, huge numbers of them are tricks. We will dependably wind up exacting on the off chance that we do our part in doing due constancy. I maintain a strategic distance from those get rich brisk tricks. Or maybe purchase tad more settled coins with some development potential. I wager 85-95% of these ICO ventures will be dead following one year. Try not to confide in the alleged "interesting" ICOs. On paper they may sound momentous however in all actuality they could be tricks.
Your last sentence is why it's a bad idea to invest in something without 100% understanding it. Too bad most people don't care and just throw their money around blindly.

most of them just focusing only on the great benefits promised by ico, so they forget to pay attention to other important things that if they don't pay attention to it, they are just wasting their money. so you not only have to be picky, but also need to learn about the project. Go into a group of investors, and look at their questions, then see how the response from the CEO or other project members. Better to be late, than not at all.
450  Alternate cryptocurrencies / Altcoin Discussion / Re: Right time to buy altcoin on: October 27, 2017, 12:26:17 PM
As i seen there is lots of altcoin being dumped for low value because of bitcoin fork happening on oct 25 (still not confirmed) so everyone selling altcoins and converting to bitcoin and keeping it in private key holding wallet hope of getting Bitcoingold (Not confirmed by any source ) . So people may be fooled in the name of bitcoingold free coin so proper strtegist right time to buy some good altcoins.

If you have some bitcoin to spent for altcoin, yes, It is a right time to do. Because when the bitcoin was in a peak price, it means the alt coin was diving. As you can see, ethereum is around 0.05, Dash around 0.048. the only one altcoin that rise a bit is a bch. But I don't suggest you to invest there. Some people are always do otherwise. They sell altcoin, when bitcoin seems begin to rise. Like you just say, most of them sell their alt, to get bitcoin gold. I hope they won't regret it.
451  Bitcoin / Bitcoin Discussion / Re: 21 million bitcoins - 11+ billion people on: October 27, 2017, 08:19:12 AM
There's a hard limit on the number of bitcoins that can be mined: 21 million coins, which is expected to be reached by 2140.

The world is expected to add another billion people within the next 15 years, bringing the total global population from 7.3 billion in mid-2015 to 8.5 billion in 2030, 9.7 billion in 2050, and 11.2 billion by 2100, according to new estimates from the UN.

If bitcoin truly does explode in popularity, think about this for a minute;

Only 21 million bitcoins and 11+ billion people.
With this ratio, the possible price of 1 bitcoin could be huge.

What are your honest price predictions given total world popularity in the years 2020, 2050, 2140?

2020: 20k
2050: 100k
2140: 1m

Actually, the limit of bitcoin is now below 21 million. Why? because we don't know how much bitcoin who already lost. If the bitcoin lost, it will no longer be included in the circulation supply. And the longer, the more the amount of bitcoin is lost without a trace. Losing private keys, delivery address errors, and other cases. This makes the bitcoin limit reduced. And I guess, bitcoin will not last that long, because the more days, more and more altcoins are emerging and offering added value than bitcoin.
452  Economy / Economics / Re: Do you think bitcoin gold value will rise to bitcoin value on: October 26, 2017, 12:52:28 PM
i consider bitcoin gold not so different just like bitcoin cash that they even cannot surpassing bitcoin price even only a half especially for now after some people has got bitcoin gold for free and i think they will sold it immediately and back again to bitcoin

exactly, even I see bitcoin cash tends to be better than this bitcoin gold. Both in terms of supporters and people interest to it. Especially until equivalent to the value of bitcoin at this time. I think that's almost impossible to happen. I wonder how long the bitcoin gold will last after people who get it for free will dump it soon. I think less than a month.
453  Economy / Economics / Re: What would benefit bitcoin more? on: October 26, 2017, 12:42:00 PM
Adoption of bitcoin by large or medium-sized companies can be very useful for bitcoin development. As we know that recently there is an issue circulating that Amazon has accepting bitcoin. So it is with microsoft, steam, and others. With the inclusion of the name of bitcoin on their web or application, it is already a great free advertising on the target. This will impact the user's growth of the bitcoin itself. So I think, other companies like facebook group and others, need to adopt bitcoin.
454  Bitcoin / Bitcoin Discussion / Re: Amazon to accept Bitcoin? on: October 26, 2017, 12:23:24 PM
Gonna be huge for Bitcoin if it's true. Could this be the reason of today slight price rise? Amazon is the biggest e-commerce in the world, we can finally say that Bitcoin is going mainstream when Amazon accepts it. This could be just another rumor but I really hope it's true.

What's the biggest company that accept Bitcoin right now? I guess it would be Steam and Microsoft, right?

Well done, we should congrats a bitcoin for this great advancement. Amazon is the world's largest ecomerse company, microsoft is a big company engaged in software, then steam is a well-known game company. if all three have adopted bitcoin, this will be a big step for bitcoin to further increase the number of users, and certainly increase the value or price.
455  Economy / Economics / Re: Bitcoin in Economics class? on: October 26, 2017, 01:26:49 AM


Do you think they are talking about bitcoin in your basic ECON class?

Maybe, bitcoin is so popular in the social media. Students are more interested in what they see in the internet like in facebook, twitter.Technology can make things possible, so i guess, bitcoin is one of their main topic in the class sometimes.

I don't think so, though bitcoin so popular in social media, It doesn't influence the people to use it. I thought There still less than 3% of world population are using this technology. The rest all just recognize that bitcoin = crypto currency, that's it, and the others don't even know what is it. So, what makes you feel bitcoin become one of their main topic in the class.
456  Economy / Economics / Re: it is possible fiat currency will crashed? on: October 25, 2017, 01:19:51 PM
think fiat money stays in its function and will never be replaced by other currencies, because functionally fiat currency can be used in various circumstances and does not require other access to its transaction usage, whereas some other currency would require other means to be able to use it .
Keeping your point of view in mind, yes fiat will never be going to end because, as you said, it is easily accessible to all the world. While crypto are only limited to internet. And you all know there is a dominant portion of the world’s population that don’t use interest and computer. But we hope for the future, where there are only bitcoins at every corner of the world and it will be so amazing it see this.

I thought we can't live to see that happen in the world. by the way, I am less amenable to your opinion about about fiat are easily accessible to all the world. while every country has a different fiat currency. Even if you want to visit a country, you must exchange your currency to the currency of the destination country, because since it was dropped at the airport, your currency will not work. Except at the airport setting up the exchange of all kinds of money. And I think it makes it not easy to access.
457  Economy / Economics / Re: Bitcoin to be Taxed...... on: October 25, 2017, 01:02:45 PM
This is interesting could be a mass following with this. South Korea is preparing to Tax bitcoin use after the cryptocurrency's trading volume sky-rocked. This could spark a new trend s everyone battels to see how to control the life of cryptocurrency's
In the world of crpytocurrency, people usually misunderstand the context of the term TAX. They think that when we say bitcoin is taxed, the government are going to get a part of your owned BTC as a tax monthly, which is not true (and I think will not and should not happen). Bitcoin is taxable in the sense that miners are being paid in processing the transactions done by people who use bitcoin. Another way how bitcoin is taxed is that these businesses and establishments accepting bitcoin as payment are actually paying transaction fees especially when the buyer and user are using two different btc wallets.

the fact that the taxpayer is the user. Think about it, when we send bitcoin to exchange address, we are charged a transfer fee and this fee is for miners. When It's arrive at the exchange site, and we want to redeem our bitcoin into local currency, we will be charged approximately 1% of each transaction. This is a tax, imposed on them, then charged to the user. so they get the full profit, without having to think about taxes. am I right?
458  Economy / Economics / Re: Electronic Money vs. Physical Money on: October 24, 2017, 01:41:38 PM
electronic money and physical money certainly have its own shortcomings and advantages. I often see the discourse in this forum that says that one day, every country will make its own crypto currency. And that's pretty reasonable. Both of these need resources for their production. But the type of resources they need was very different. Electronic money requires internet access, databases etc. are for physical money, need materials such as metal papers etc. Of course there are still many people who don't recognize electronic money, let alone people in the interior who still use the barter system for everyday life. I think the physical money will still be used for the next few decades, before everything becomes digital.
459  Economy / Economics / Re: Bitcoin to be Taxed...... on: October 24, 2017, 01:28:17 PM
This is interesting could be a mass following with this. South Korea is preparing to Tax bitcoin use after the cryptocurrency's trading volume sky-rocked. This could spark a new trend s everyone battels to see how to control the life of cryptocurrency's

the government will not stop blackmailing you from any side, even with a crypto currency that is decentralized. In my own country, initially the government didn't really care about the investment of this crypto currency, but since the volume, price, and number of transactions increased over time, they began to see the potential land that could be charged from the crypto currency. So they began to hijack the miners who are considered to be earning from this crypto currency. But still, bitcoin and other crypto currency have not been considered as a valid transaction tool. They do not forbid to use it, but bear your own consequences.
460  Economy / Economics / Re: A wise strategy for your bitcoin on: October 24, 2017, 01:15:21 PM
The wise strategy is to buy bitcoin when the price is low, and to buy stuff with your bitcoin when the price is high .In order to purchase cryptocurrencies we need an online wallet. Coinbase is a web-based platform that allows to buy and sell bitcoins.A hard wallet is good because it provides an extra level of protection then nobody can hack and steal the cryptocurrency.

Wisest strategy is to buy and hyold for at least a year.

I prefer to continue developing my bitcoin, rather than just storing it in a wallet. In the right and wise way, we could expand the numbers. And that will make it more profitable than just saving it for the long term. Use a merchant strategy, which continues to twirl the assets it has.
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