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4401  Economy / Economics / Re: Bitcoin to be Taxed...... on: October 27, 2017, 12:25:24 PM
We all know that bitcoin has a decentralized structure, it has no central control and can be run by specific people. It is not impossible to happen that bitcoin will be taxed. Some other countries  are already working on it since some countries governing bodies are now being alarmed by the growing tractions with regards to cryptocurrency from which they get an idea to get involved and begin having control  with it.
Not in this day because if it is taxed may the people leave investment in bitcoin and the price will go higher and then the many people will have the purchasing power to but even a single bitcoin. Therefore I think that bitcoin should not be taxed.

Let the people enjoy a tax free investment in a digital currency and earn more and more money in a short period of time. I am not in favor of bitcoin tax.

4402  Economy / Economics / Re: Future of the BTC on: October 27, 2017, 11:16:49 AM
I think many of us, have a huge problem with the volatility of the BTC. And also the technology behind the BTC is outdated. There are huge amount of the other new generation cryptocurrencies that are more secure and adopted to special needs of different economic and consum needs. I have a big problem with BTC because of the high volatility. So i found Minexcoin, that according to the whitepaper might be more stable and less volatile.
First of all, ALL cryptocurrency are VOLATILE. There's no exception on this one. And I think, volatility is the reason why traders trade assets. That's the reason why they earn from cryptocurrency. In fact, the traders are the one who are keeping the cryptocurrency market alive. Second, bitcoin network and blockchain is not outdated. In fact, the forking that happens in bitcoin network is actually one way to keep it up-to-date and to upgrade some of its features. Third, I don't think some of these new cryptocurrencies/tokens/altcoins are more secure than bitcoin. These new coins actually have limited use compared to bitcoin. Some coins are intended for a specific purpose only while bitcoin can be used as a universal e-money. That's why I still have my trust on bitcoin, and I don't think that an altcoin will later beat it in terms of its value and usability.
It is very interesting that  if the volatility is compared with other crypto currencies that it will be crystal clear that the volatility of bit coin will be less than the currencies as it is the stable one further more being a transaction tool bit coin future is looking very bright
4403  Bitcoin / Bitcoin Discussion / Re: Lost Opportunity on: October 27, 2017, 10:42:51 AM
I'm just like those people before that didnt expecting that bitcoin will be too expensive like now. I have a chance to buy one bitcoin just in 200$ before but i  didn't believe to the bitcoin that time. I thought that bitcoin will not going to last longer and it will become scam after having many investors on it.

A years past the bitcoin price rised to 500$ and im thinking that time if i will going to give it a try  to invest some money on it. But like before i didnt believe to bitcoin again. The negavity are still on my body thinking that bitcoin will be down sooner.

Until this year i got a chance to have bitcoin in 3000$ dollar but i didnt take this opportunity again i feel that im really so stupid when it reached 5000$.

Do you think guys bitcoin will reach 8000$ next year? i really want to give it  a try now. So many opportunity i wasted and i will not going to let it happen now.

I think its not to late to invest now in bitcoin. You still have a lot of opportunity. I believe in the potential of bitcoin and its possible to increase its value until next year up to $8000-$10000. I also want to give it a try now because i also regret for not taking the opportunity in the past.
An investor who has got the benefit of the opportunity of low rate of bit coin so they are now the richest investor I am also very unlucky that I did not take the opportunity but still I am investing in it because there is no limit for bit coin price it can cross the price limit of 8000$ to 10000$ very easily.
4404  Economy / Trading Discussion / Re: How to choose good coin!? on: October 26, 2017, 11:42:19 AM
Everyone says trading is easy,you have to pickup a good coin and then invest your money there..Will you guys,please tell me how I know it is a good coin or bad?What certain things I should check about that coin?What types of information helps me to know the coin is good?
No one fully knows what moment can shoot in the coming months, you can only understand this by the popularity and graphs of the price movement in the early periods. Now everything in the world is crypto very unstable.
Any crypto coin that has a large support at the present or any time can said to be a good coin. The real way to judge a coin is by following its price and looking the market cap. Go through some web pages or watch a YouTube channel related to crypto currencies.

The coin that have the greatest potential to enlarge in value is bitcoin and after this, Ethereum is highly trusted by investors. That is considered as the number one altcoins.
4405  Economy / Trading Discussion / Re: what do you think about pump and dump? on: October 24, 2017, 11:26:51 AM
what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?
I'm also looking for such events. I have prepared some money waiting for it dump and I will buy it. Grin Grin Grin
If you are talking about bitcoin then you are having a very good strategy of grabbing bitcoin. It is not possible for everyone to buy bitcoin at their current price. I am pretty sure that bitcoin is going to dump before the hard fork in November and that would be the best time of buying bitcoin. Keep an eagle eye on the price chart of bitcoin for not missing any single opportunity of buying bitcoin.
4406  Economy / Gambling discussion / Re: Did you learn from your gambling mistakes? on: October 24, 2017, 10:27:09 AM
Yeah I have learned a lot from my gambling mistakes and now that is the reason I have quit gambling as I am now aware that there is no shortcut to earn money and the money which I am loosing in gambling will never be recovered so its better to stay away from it.
Interesting that you quit gambling so easily, otherwise it is too much hard and difficult to quit gambling once you become addicted to gambling. I ha ve seen people who are addicted to gambling and are playing gambling for more than 30 years, although they want to stop playing gambling any more, but it is in fact not so easy. Some time they stop it, but they succeeded for few days only.
Oh ho! It is very sad that people are that much addicted to gambling. Thirty years is a big time period and you cannot change your habit if it is been practiced for thirty years. Hats off to this guys who has easily get over this weakness of him otherwise people don’t stop gambling until and unless they lose their most precious possessions. We should start spreading awareness about the side effects of gambling.
4407  Economy / Trading Discussion / Re: Does Bitcoin have a future? on: October 21, 2017, 09:54:37 AM
I just read on Btcjam blog that they are closing down: https://blog.btcjam.com/2017/05/25/btcjam-is-closing/, now I am just wondering if big players in thebitcoin industry are closing down, is there any future for bitcoin really.

I came to know about bitcoin through btcjam when i was introduced there to borrow. Eve in this forum, looks most signature campaigns might close down because of the ever rising price of bitcoin. Most of them have reduced their payout amounts for posting by more than 50%. Is this a good sign or a bad sign for the bitcoin development?
Fortunately, the news had gone stale (BTCJam May 25, 2017), see the facts now, bitcoin still exists in its position as the best coin, even today bitcoin is planning to implement a smart-contract system, hopefully with the introduction of this smart-contract system, more bitcoin in demand by market participants.
All that you have discussed and mentioned about bitcoin is clear indicator of bright future of the world best currency. Bitcoin has successfully accepted and met all his challenges. I don’t think so there is any doubt about the clear and beautiful future of the bitcoin.

So far it is the only currency which is acting as a successful investment as well. The way people are taking interest in bitcoin day by day, bitcoin will be more famous in the coming days.
4408  Economy / Trading Discussion / Re: BTC effect on altcoins on: October 21, 2017, 09:25:19 AM
Bitcoin and altcoin are interelated interms of  trading and  buying  into ICO,as Bitcoin has impact on the price of Altcoin so is Altcoin on Bitcoin,whales in the cloud has lots of impact on price variation.
Whales have always had an impact in the market even right from the onset. It is a normal thing since they have the huge funds to control the market movement and let the lower traders make decisions on that. You might be surprised the number of stop loss the whale will gain from, while controlling the market.

Whales are always in for the profit and they can go any length to make that happen.

I saw the effect of whales on many Altcoin's prices. What the whales do is not really nice. They are definitely trying to sink small ships into waves. Losses are small budget users.
There are masses who are disappointed and afflicted because of the unpredicted movements of whales. Whales are all the time involved in making others suffer. They are having intentions of grabbing everyone’s coins and ruling them. We should stick to bitcoin because it is not much ruled by whales. Bitcoin is the only coin which is not much influenced by the actions of whales, so I would like to stick to it.
4409  Economy / Economics / Re: Is bitcoin a good way to invest your money ? on: October 21, 2017, 08:59:36 AM
Yes specially if your one of the newbies or does not have a huge capital. The good thing in bitcoin investments such as holding, trading and lending is that it does not need huge capital to start on, A month's salary is enough but I suggest you do not do this if you don't have contingency funds because it is still an investment . Its either you gain profit or lose your money.
Bitcoin Is the most preferable and trustable investment of this time and there is no other investment like this which acts as payment in time of need and profit rate of bitcoin is also high and suggestion to the newbies is that first learn about bitcoin deeply and then invest this will help to understand bitcoin critics and this will lead them to high profit achievement and bitcoin is famous for giving best profit to investor.
4410  Economy / Trading Discussion / Re: Patience and Holding on: October 21, 2017, 07:51:06 AM
Ive been wrong that i withdraw all my earnings on trading ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
Patience is really a great factor in the trading world. Many people became successful in the trading because they have a lot of patience. We need to have a lot of patience for us to hold our coins in a long time.
Exactly patience really matters. You cannot even hold for long without patience. Most times some news will get flashed at you or you see some crazy movements only to start shivering and selling fast. And some even gets anxious once they see a huge profit and then quickly sell. I think that is the best time for you to show patience and hold it similarly at the time of buying you should have to wait for the right time to buy.
Patience is very difficult because the market is constantly changing and the prices can go down very fast but just one good news is that the altcoin can go to the moon but if you are not patient then give No matter how good you are, you will probably have very little profit or nothing
In my opinion both depends upon the needs and requirements of a person. Selling in time of need and hold for the future purposes. I think if someone has the patience to hold his bitcoin instead of selling them then he will be the richest man in the near future because the price of bitcoin is growing more and more, and waiting for that time needs patience not to sell his bitcoins.
4411  Economy / Economics / Re: When to buy and sell bitcoin on: October 21, 2017, 07:24:43 AM
The right effective time to buy and sell bitcoin is to buy as much bitcoin as possible when the price falls, then sell it when bitcoin prices rise.
I think that way it will quickly benefit.
Everyone must have the same thing as me, they want to get a big profit from bitcoin sales.
The Best time to buy bitcoin is now as bitcoins price is ever increasing and more and more people are investing in it so buy bitcoins as soon ans possible. Check for the lowest prices in past 10 to 20 days wait  till the price again goes to the same and then buy the and wait again for the greatest price from last 10 to 20 days and then sell them this is the best way to buy and sell bitcoins.

As people say its never to late to buy bitcoin and many people also predicted that bitcoin price will reach heights in next year so invest now.
4412  Economy / Gambling discussion / Re: Cricket match prediction discussions on: October 21, 2017, 06:46:11 AM
Tomorrow 4th ODI b/w Pakistan vs Sri Lanka. Who will win? My pick is Sri Lanka any guessing on this match.
I don’t think that Sri Lanka will win tomorrow match because Pakistanis are playing very well and Pakistan’s team morale is up too much so I don’t think so that now Sri Lanka can defeat Pakistan in the next matches. I like cricket match gambling very much and I have good experience of cricket match gambling.

Mostly my predictions about the match are goes in right direction. If you are a cricket player so you can predict 80% in right direction. For cricket gambling you must be an experience cricket player.
4413  Bitcoin / Bitcoin Discussion / Re: Saving Bitcoins for your Children. on: October 21, 2017, 06:11:38 AM
I do not save bitcoin for my children but i always saving bitcoin for myself and if i have a lot of bitcoin i put it in coins.ph or in any wallet and when my children need a money (he's 12 years old) i will convert my bitcoin to cash and then i will gave it to him to use it because if i give bitcoin to him maybe he don't have idea or he dont know how to use it
I would like to suggest you that don’t change bitcoin into fiat and keep carryon bitcoin business and not handing over this to your children till they don’t understand bitcoin completely because bitcoin is not only a currency, it is a continuous business and when they understand fully bitcoin then handover them with instructions to keep it carry one for his better future. Bitcoin will play a great role in everyone future for smooth and safe transactions so don’t waste it in rubbish activities.
4414  Economy / Trading Discussion / Re: What is the best coin to buy today? on: October 19, 2017, 12:22:21 PM
What is the best coin to buy today?  So many good coins.. sometimes I have hard time thinking what's the best coin to buy.
Of course still bitcoin is the best among them all in cyrptocurrency. Then Ethereum is the next one, Maid, Xem, Waves. Then if you want to buy an altcoin you must choose coins that always in the top 20 listed in the coinmarketcap.
Bitcoin and ethereum are the most attractive and profitable coins of the day. Many people become millionaires due to investment in bitcoin in the past few years. I think there is no other business in the world which gives such a huge profit on investment like bitcoin while exactly doing nothing. The profit is generating itself. So in my opinion the best coin in the world for investment in these days in only bitcoin
4415  Bitcoin / Bitcoin Discussion / Re: Do Banks fear cryptocurrency on: October 19, 2017, 11:44:28 AM
Bank never fear bitcoin. bank want use blockchain tech for their job but they can't do now.
I don’t agree with you because I think cryptocurrency is great threat to banks. People in large numbers join bitcoin and prefer bitcoin for business through investment. People like bitcoin transaction and I think in this way they are avoiding banks for saving their capital and going to invest money in bitcoin trading so why banks would not feel fear about bitcoin.
4416  Economy / Economics / Re: Cashless society on: October 19, 2017, 11:09:54 AM
Today we cannot imagine how much it will effect our society.
1. crime:
there might not be the traditional crime we are used to because robbing a bank would be useless. It would change into an other sort of crime like robbing people directly. in fact everyone has all their savings at home, unless something else gets developed.

2. economy:
If bitcoin gets the new all-around-the-world currency alot of people would lose their jobs but on the other hand maybe even more jobs get created by the new economy system

3. convenience:
i think people would get more lazy because everything would be more automated and you can do everything without moving your a** off the couch. It is bad today but i guess it could get even worse.


Yes it is true. Many people neither can nor suffer cashless society because they need very less money for their day to day necessities and to pass their time respectfully. While cashless society means all the paper currency has converted to digital currency and the approach may be not so easy to buy and use digital currency in this day and in the near future. Therefore I think it will be very difficult to handle cashless society.
4417  Bitcoin / Bitcoin Discussion / Re: What were your experiences with Bitcoin when you first started? on: October 19, 2017, 10:39:06 AM
It wasn't that bad actually, lucky for me I had a few friends who guided me on it, I am thankful to them.
In the beginning, most people actually use to run away. They either do not understand bitcoins or fear technology. There are many people in this world who still face difficulty using new technology but those who did not consider bitcoins a scam or fraud are now out of financial crisis. However, I did some little search by my own and then invested in it.
4418  Bitcoin / Bitcoin Discussion / Re: Bitcoin in the future on: October 19, 2017, 10:09:50 AM
Nobody will know in my opinion, as i know is bitcoin will continue to grow in different countries. But for now i think it is still far from expectations
Bitcoin is being used by many people already and the number of countries that have been accepting bitcoins is also increasing with time. It is not wrong to say that one day the whole world will be using bitcoins in their financial matters.

Bitcoins is really a great digital asset. We cannot resist its charm for long. It has proved the world what it is capable of by introducing new millionaire.
4419  Economy / Gambling discussion / Re: How do you know when to stop? on: October 19, 2017, 09:03:31 AM
Really i have no limits when playing gambling but i always stop playing because of the lack of budget.
Since i am still student and i have a limited pocket money that must satisfy all my spending.

You should not continue with that strategy when you gamble, you are losing a lot of things if you keep on gambling without limits. And while you are student don't get used to that thing because when you grow older, you'll bring that attitude of gambling without any limits. And don't also get used to it that you'll stop when you don't have budget anymore, you are really gambling it in the wrong way.

Ther are no strategy that is going to work and the only working strategy is to try to make a limit of what you are gambling. If you dont consider any limit at all then you will most likely spend alot of money everytime you play. So having limit is good to make sure that we dont overspend otherwise it is going to make us break the bank

Try to read what I'm trying to say. I'm stopping him with his strategy of only stopping when we doesn't have enough budget anymore. And look at his situation he didn't even know how to limit his gambling activity and that's why I'm telling him that he should discontinue that type of gambling. But if he wants to be bankrupt quickly then it's up to him if he's going to change his play style, I'm just worried about him.
It is simple to say but difficult to do in reality. All gamblers who are facing financial troubles but still play the game is not because they want to. It is because they can't stop themselves even if they are fully aware of side effects. Addicts have no control over their urge but if someone has good control over his emotions, he must stop playing when a good amount is won.
4420  Economy / Trading Discussion / Re: Everything went back to december 2016 on: October 18, 2017, 12:17:54 PM
I agree with you that cryptocurrencies trading is getting an hard hit. However, now is very different 2016. Most of people have more confidence in Bitcoin. we should regularly follow news to buy or sell at the right time.
Trading that too with digital currencies is not an easy task. You need a lot of research and experience in order to play well in this field. Obviously there is remarkable improvement in bitcoin in all aspects; bitcoin followers have been increased, the prices are already touching the sky and still are hoped to rise further. In short we can conclude by saying that 2017 is far better than 2016.
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