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4501  Economy / Economics / Re: Bitcoin is Falling...Is it Panic Time? on: October 13, 2017, 03:39:24 PM
According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
For me I will not sell my bitcoins but hold it until the price hits to the moon. I will not be panic if its price will go down because next to that falling is rising.
We all want to reach at that level but we should know what price will make it reach to the moon.
That way we can set a target to sell because even if the value has increase significantly but if we will not sell we cannot enjoy our eprofit.

on my own point of view, yes there will always be rising and falling of rates of bitcoin but then it will not have its downfall since bitcoin now dominates economy. we shall not be afraid and we should not worry because bitcoin is strong. this will always have its big value and will never go down that much. we should not panic.

It is not bitcoin itself that is strong, bitcoin is not human. However, the technology is awesome and people understand the opportunity, the future and the value it brings. All these put together is what makes the support to be crazily strong and unbreakable. I like FUDs honestly and that is because it is a way to measure how the community perceives the technology and how well they are willing to support it or not to make it grow and make the impact it was invented to make.

I'm thinking it is not time for panic now, the panic should come when the new coin is released but for now, I guess we will not witness a huge dip in price from what it is trading on now.
4502  Economy / Economics / Re: New rich people thanks to BTC on: October 12, 2017, 05:48:14 PM
As the price of bitcoin reach new all time high today, many people are getting richer especially those early adopters. Those who get in the game later on is still accumulating to be rich including me. I have known bitcoin just last year but wasted it investing in HYIP sites and gambling so I only held a little amount of it until now. I have a chance again to accumulate as much as I can and we should not waste our time to achieve our dreams and goals through bitcoin.

I think the same happened with many early adopters. They used their coins to invest on scam sites or to gamble and have lost a good amount of Bitcoins... Not everyone, but it's a common situation on Crypto-Currency world, but these people had a golden opportunity, especially the poors, to upgrade their life quality if they are dealing with Bitcoins since some years ago. I'm sure it happened for some people and they are very happy at this moment enjoying their fortunes and the same will happen to us in the future when BTC hit $1.000.000 (I hope so).  Cheesy
I just wish that, this trend remains same. The presence, Bitcoin price soars above $5,000 to record high. Coming days it will hit new ATH. Hoping that, that time I'll be fortune.

Sometimes I feel I was in that group of early adopters of bitcoin and at other times, I feel I'm happy I was not , because probably I would have made worse mistake too.  Grin

I got to know about bitcoin late last year, got involved few months ago, little campaigns. Hoping for better future with bitcoin especially with the new skyrocketing of bitcoin. The future is bright .
4503  Economy / Economics / Re: Organizers of Bitcoin will Cooperate and Refund if wallet account would hacked? on: October 12, 2017, 05:29:08 PM
I believe you are yet to get yourself abreast on the way bitcoin works. It is meant to be highly codified, you don't have to disclose your security codes or anything of some sort to anyone untrusted.

Again, you have to be meticulous about transferring from your wallet to another. If you transfer to a wallet not intended, your fraction is gone for "good ". Meanwhile, nobody has control of it to retrieve anything lost back to you , not even the developers.

So, bitcoin is a big and veritable business ,you therefore need to be careful.
4504  Economy / Marketplace / Re: What happened ? on: October 12, 2017, 06:40:03 AM
Yeah, bitcoin does not fail us when it comes to bouncing back prices. I really think that people should not panic sell when there are upcoming forks and some FUD. If they avoided panic selling I am sure bitcoin price is nearly $6k by the end of the year. Yes I do agree that in this industry patience is tested. Advice is try to be as calm as ever when prices drops. Bitcoin is unbeatable.

Yes, patience is key to a market with volatility. One can't be a successful trader if you don't have a level of patience. All the same, I really don't see bitcoin hitting $6000 at a stretch without having a stop at 5000 mark.

So, is likely going to retrace at that point before further decision bullish or bigger dip.
4505  Economy / Marketplace / Re: How to make 1 bitcoin in a month or 2? on: October 12, 2017, 06:28:12 AM
There are simply three ways to get your hands on bitcoin. One is that you have to do a physical work, exert your energy on something to be paid with paper money then you buy bitcoin and hold.
Two, you either have a skill, you write on this forum maybe in blogs or you join a campaign team. You will be paid in bitcoin, which you could either hold , trade or reinvest.

The third is, you either borrow from to buy bitcoin . You hold, invest etc.
Meanwhile, getting one bitcoin in a month is a difficult task depending on how much bitcoin you risky especially in gambling or trading but only signature campaign is not realistic .
4506  Economy / Currency exchange / Re: Buying all your Bitcoins on: October 12, 2017, 06:15:48 AM
I would prefer to hold, you could see is going bullish.
Meanwhile, whats your rate?
4507  Economy / Trading Discussion / Re: Do you see trading as fun and games? on: October 11, 2017, 04:17:53 PM
Trading to me is neither fun nor game. It never can be compared to be a game because a game is synonymous to gambling. Trade involves tactics, strategies and technical know-How plus watching the direction of fundamentals. Hence, the luck aspect of trade comes with being prepared. For instance, in a football match, an unprepared team might get an own goal from an opponent and carry the day or in the same analysis, a prepared team might witness the removal of her most valuable player either due to injury or red carded- game is luck.

Meanwhile, on the other hand, the fun to trading comes when you are in a winning trade, then you can be smiling ,make some little calculation of your profit even while the trade is still on, you are relaxed. Otherwise, a losing trade is never fun....   Embarrassed
4508  Economy / Economics / Re: Why we should fear a cashless world on: October 11, 2017, 03:58:03 PM
Cashless world as mentioned in the document, it will ruin the poor and the growth of small scale traders. On the whole the technology will make changes but it should be developed in a equal manner to reach all.

Where it is true that it would - "ruin the poor and the growth of small scale traders". I still believe that cashless would eventually bring another set of businesses that would replace the "small scale " still small in its own right. Therefore, "mentamorphosing" another set of business or way to survive in a small scale because there will be the survival of the fittest.
4509  Economy / Economics / Re: What Is with The Negativity Around Bitcion...... on: October 11, 2017, 03:46:29 PM
The negativity around bitcoin is merely traditional. Change is usually fought at its initial stage when it is about to sweep with its wave. People tend not to accept change at the first instance, they feel skeptical and nostalgic.

This is exactly the negative felt by bitcoin. People are traditional and would only know a currency when they can feel it, touch it, probably smell it and exchange it physically. This is why bitcoin has not been generally accepted as legal tender yes.
4510  Economy / Economics / Re: Writing for blogs and news sites on: October 10, 2017, 04:14:55 PM
You can't be a blog writer and be out of service. My advise is you check the service section, you will get your hands on jobs there. Wish you the best.
4511  Economy / Economics / Re: We can now make gold! on: October 10, 2017, 04:08:59 PM
Gold is a treasured substance. I thought is usually deposited on a location like crude. Can it really be made by addition nor subtraction of substances or so sort...?
4512  Economy / Economics / Re: What would benefit bitcoin more? on: October 10, 2017, 03:54:27 PM
What do you think will benefit it?

I think one important thing that would benefit bitcoin you have not included and in my opinion if it starts happening , bitcoin will really go places. That agenda is that, it should officially be used to pay bills, like school fees, taxes and other forms of bills.

Where this is done, the importance of bitcoin will increase and the value will equally skyrocket but stable.
4513  Economy / Economics / Re: Tell me a secret: any way to earn 0.1 BTC per week? on: October 10, 2017, 03:41:30 PM
Like seriously? 0.1bitcoin per week is good cash op but the spirit is good. I have not heard of a signature campaign paying that much. You might not make up to that except you start doing other means as have suggested by other users. Trading is better than gambling though, for me.
4514  Economy / Services / Re: 24 hours Siggy Campaign. Good pay on: October 10, 2017, 10:32:09 AM
Pm sent already.
I'm interested.

Thanks
4515  Economy / Economics / Re: Can bitcoin be a more secured way of handling cash? on: October 09, 2017, 03:41:05 PM
I never heard of anything about putting address to steal an account, the one that can make your account being broke in is by using your private key and it is very difficult to hack or to steal from bitcoin wallet, the protection is pretty strong, I think it is stronger than bank account protection
I also doubted the security of bitcoin, until now, but may 5% out of 100% of my trust. The more I read the more things I know, Maybe lots of thread I read about bitcoins security they assure the intelligence of btc cannot be hacked. More of what I have read but not all, just like this thread.
Ive been using a wallet and I must say it is strong, safe and secured. Likewise, I never heard that putting into wallet all your money would be steal or lose. One account would be lose if a persons is not keeping it secured and having lose the private keys. Bank is also good for savings an account but in bitcoin I can access it anywhere and I can check all my savings time to time.

I really don't understand where that putting into wallet and stealing is from. Wallets are secured especially when it is not disclosed to a third party that is fraudulent. If you trust someone like wife or brother as next of kin, you can disclose incase of unforeseen circumstances. Meanwhile, dash wallet is highly secured and owner can even forget it if not documented somewhere.
4516  Economy / Trading Discussion / Re: Time management. on: October 09, 2017, 03:15:47 PM
Time management is really important in this business because if you don't know how to direct your time, you would just find yourself on the internet day in day out without having time for yourself or family. Some times you hardly find time to take your bath or eat - just like the scientist, Herbert Estein.

We should actually direct our time well as to when to post, research etc. For trading, we might not really worry to check all the time if we can have a way of checking the price especially if we are on a long time trade. The thing is, if you are an addict, you would always see yourself going to the internet  Grin
4517  Economy / Trading Discussion / Re: Turn $10,000 into 1 Million on: October 09, 2017, 02:41:39 PM
I don't think there is such thing as easy money...

You need to have solid strategy and a lot of determination!

For me, being easy means one would have worked out a way to making it easy. As you said, it would have been a great determination and hard work. On the contrary, I think time is important in this business. The higher level would have made their different sacrifices and invested there time too.  Also talking about $10,000 into 1million has to also do with time, it is not automatic.
4518  Economy / Economics / Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter on: October 08, 2017, 10:53:50 PM
These negative news created a panic among the investors in the crypto-market for some time, but people realize that this is just a propaganda to control the bitcoin price. Big names like Jamie Dimon take the advantage of this opportunity to double their wealth. Expected to see bitcoin price up to $5000 by the end of oct.

Yeah, it could get to 5000 before retracing for a moment. The negative news only stalled the bullish movement then ,bringging it to 3300(thereabout) and it has been corrected. I guess all is heading bullish now.
4519  Economy / Economics / Re: CHINA ban Rise and Down on: October 08, 2017, 10:02:20 PM
Bitcoin was down then and not really volatile then because of the ban on ico exchanges. It dragged for a long time ,not certain of direction to head before it currently went bullish. Now what made it finally turned bullish trend was also the news of adoption from Japan. Meanwhile, fundamental analysis is instrumental to the success or direction of a trade / market, if is negative, it affects the market negatively and if it is positive, it helps the market to likely go up.
4520  Economy / Economics / Re: Is bitcoin now the strongest currency in the world? on: October 08, 2017, 07:46:35 PM
Well, whatever angle you look at it from , bitcoin has taken over as the strongest. Now, what I mean by whatever angel is from the angle of digital currency, bitcoin is the strongest and when converted to fiat, the value is still very high. So really, it is the strongest.
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