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461  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ripple vs Bitcoin? Decentralize vs Centralize, Who win? on: March 31, 2018, 03:49:24 AM
Decentralize cryptocurrency is losing position compared to centralize crypto?
Recently there are many managers, publishers are abandoning decentralize development cryptocurrency. presently, the growth of centralize crypto like Ripple platform. Does bitcoin actually lose the battle with ripple? What do you think?

And where are we seeing the growth of centralised platform like ripple?? Do you really think that XRP is making progress besides the fact that it is been accepted by some banks or let me clear it, they are thinking to use it and have no plans yet in the hand. I dont think there is any problem with the bitcoin itself? Bitcoin is far out reached as compared to the ripple and being decentralised it is loved the most. Frankly speaking people just using the XRP to make lots of money due to the fact that it moves up and down many time, like those artificial pumps-dumps. Not much fantasy in the ripple, its far from getting into minds of people.
462  Economy / Economics / Re: Uncontrollable cash outflow with crypto. Does it really exist? on: March 30, 2018, 07:50:36 PM
In plain terms, this thing beats me. I read it every now and then that bitcoin as well as other cryptocurrencies contribute to capital flight. The logic behind such claims is that someone can buy bitcoins for dollars in one country and sell them for the same amount of dollars in the other. This is the point which I never truly understood. To me, there is no real or virtual transfer of dollars across the border so there is no capital lost at all. No dollar gets lost or transfered.

Am I the only one who has doubts about this claim?

Though the dollar is not crossed over the border then also it digitally kills the monetary funds those are available. Whenever you send a dollar to me over the wire transfer then my country will have to print equivalent amount of money within my country to have the perfect balance. While on the other hand your one dollar is less theoretically and your country still needs to print one dollar bill to balance your countries status. This was the money does flow inward and outward and believe the whole system works just fine though the track of all things are not possible all the time. Just think of the millions of exchanges taking place everyday from different countries to single country and vice versa.
463  Economy / Trading Discussion / Re: How can the average person use crypto? on: March 30, 2018, 07:31:52 PM
Hey all, I am very new to crypto. Cryptocurrency is becoming a routine topic to talk about in households today.

The biggest issue people always bring up is that it is very difficult to use it to buy real, tangible products. Does anyone have any ideas of how to do this with limited fees and restrictions on the consumer? And are there any ICOs that are trying to solve this problem?


Let me help you understand the issue and solution for the same. The thing is we are making the issue about bitcoin in very very broad sense and not using it with the available facilities that we have. I mean we are not bound to use the bitcoin in the online mode only or it is not restricted for us to use it in the off-line mode and that too in other forms. What I mean by this? We can always use this currency by converting into fiat and then using the fiat in real life world. I mean this is always great way of spending the money as the end result is achieved by one way or another. Bitcoin is one form of currency and if you cant use it in that form then just convert it to fiat and use it that way.  Wink


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And are there any ICOs that are trying to solve this problem?

Oh yes there are many ICO's who came with the idea of bitcoin debit card to spend the bitcoins from blockchain to real life. Some of them are bitpay, TenX, Bitlord etc.
464  Alternate cryptocurrencies / Altcoin Discussion / Re: The future is EOS! on: March 30, 2018, 01:58:57 PM
EOS solves the main problems that Ethereum has. It's scalability, security, speed and absence of commission. Of course, I am sure that the Buterin's project will progress, but we have finally got a serious competitor for the smart contracts platform No. 1. Definitely, I advise you to buy EOS. I think that by the end of the year it will be among the top three.

ETH will definitely progress out of the jealousy of other project getting more attention on it. For example, in this case EOS showing all the positive stuff in its scalability but ETH is not. However I am sure that VItalik will have no problems insolvent this issue if he really takes the matter on the front desk and start working on it. Also ETH is not that much bad as we are representing it here. There is also thing called as popularity and we all know that ETH has out of the box fan followers and EOS is not. They say ETH will be leading all other ICO's always and not to forget that EOS is one of it though its application are well versed. Lets just give it more time and the picture will be cleared sooner than we think. FYI : I am still fan of ETH and invest into it.
465  Other / Beginners & Help / Re: Describe, what is bitcoin? (your own opinion) on: March 30, 2018, 01:17:08 PM
Hello all....
I am as a beginner very curious and want to add more knowledge about bitcoin from all of you. because to me learn from the article or page of the site is not complete if not given direct explanation by people who understand or involved (Trader).

I hope with this I can complete my lack of knowledge about bitcoin, thank you all

Okay so you are guy who understand the language of people but not the articles. Yeah that kind of people are always there in the classroom too!  Cheesy

To be honest the Bitcoin itself is very vast subject to talk about and not everyone can gain you most of the knowledge in single post. However I will try to explain it in a completely different topic created for the noobs like you. So just keep watching my post and I will edit it with the link in here. So stay tuned with me. I will try to make it as descriptive as it could be. I understand how difficult it is to know all the things in one place.
466  Economy / Speculation / Re: Will the price be stable or increase 2018 midle to last? on: March 30, 2018, 12:07:41 PM
So, this is continuously difficult to conjecture bitcoin, but base on what we witness about 8 months ago 2017. I discern bitcoin may have an brilliant destiny this year 2018. moreover, on account that bitcoin ought to aid it value in this most tough time which witness the Christmas and new yr joyful celebration in which individuals provide they bitcoin in other to settle cash related desires and recognize with own family, bitcoin fee has not get as little as $11,000 this 9 months so what's to come back is extraordinary for bitcoin.That's why I think, Bitcoin might also ascend to $26000 by means of the center of this modern yr. Grin Grin Grin Grin Grin


Just assumptions? Yeah thats what we can do for now and nothing else. We can hope but we can't be sure about the bitcoin ascending to some big values up there. It is the time during which we need to over come the Death Cross, a term used when the index falls below the death line. If bitcoin fall further then I am sure it will take around 3 months to catch the fresh prices again otherwise there is no going back to high peak. However analyst do confirm that this is really natural thing to happen but more or less it belongs to the real world stock exchanges. As traditional method and experiences of legends here, I would just pass this by saying I will hold it.
467  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH back to the price ~ $ 300 on: March 29, 2018, 11:16:17 AM
ETH is falling very strong compared to its $ 12xx early this year, will you buy it now?

Tell you what, if I dont buy today then I will regret in the future as to why I did not buy it when I had the SECOND chance to do so.

Yes I missed it when it was all the way down to 200 USD last year and then I missed it one more time when it was surging through the price of 350 USD last year. I regretted all these entry points later in the time when the ETH hit the ATH of 1200 as you mentioned here and I couldn't agree on that at all. Then here am I, the prices are literally dream come true for me and with my past experiences I can tell that if miss this buy point then Im gonna miss it forever. I mean who knows that next ATH is 3000 USD or something like that and if I keep waiting for downtrend at that high then that could be just 2K or something similar which will be still very high. SO you say whats wrong in getting the ETH at this point. Nothing! Just go and pile up them.
468  Bitcoin / Bitcoin Discussion / Re: Is this the biggest discount sale?? on: March 29, 2018, 10:34:30 AM
Haha, you call it that, the biggest discount of all time however its been already done but people are always in pain of choosing the one, whether to take the risk or not. Anyway, we could really create awareness amongst the people to buy more and ore when coins are dipping a lot but its anyway in their own hands whether to buy the coins in reality or not. Apart from this, people are always in ambiguity when the coin is going down or even when the coin is going up. I mean when its going down then they will ask how much more down it will go? And when the coin is going up then they will ask is too late to buy!!! Oh come on, they cant even make up there minds. The answer is always common, buy when it is dip and wait and watch when it is going up.
469  Economy / Economics / Re: Bitcoin is in danger zone now! the recent dip looks bad on: March 29, 2018, 06:53:34 AM
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Bitcoin dipped to 7500$ and i think now it is danger zone could go to 3000$-4000$ again.

Still great chance for those who always kept thinking that they have missed the bitcoin train. Bad news for those weak hands as they will start panicking one more time and will start selling like crazy, they cant stop aren't they.  Roll Eyes I would say have mercy on those weak hands Mr. Bitcoin!!

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Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$ Cheesy


Lolz. They might die real soon as those people are more than 50% down the line and catching the break even would be sweaty! Newcomers? Well, its a good chance but they should first know how everything works and must keep some trust on this tech. Others might confuse them as we speak of dropping of the bitcoin from 18K to the current value. Will they trust it?

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What do you think? How low bitcoin can go?

No one can tell. It could drop until the last cent or it could fuel up to the moon. You never know.
470  Alternate cryptocurrencies / Altcoin Discussion / Re: Important Before following the bounty on: March 29, 2018, 05:33:12 AM
Yeah those are really common points actually and everyone knows about it in the first place. There are already many threads who discuss about this learning in the first place as many of them had trouble choosing the legit projects!!

The spotting of the good ICO is getting very difficult now a days and sometimes it is not even feasible to rely on the sites which you have listed here. They just analyse it the same way we would do by looking at the different aspect of the ICO. However, do remember one thing, these reviews can be paid sometimes so any scam project with good budget can compromise their review by spending some extra bucks on them. I am just making it more serious by adding different scenarios. So you may wanna rely more on the personal studies rathe than just external reviews.
471  Economy / Trading Discussion / Re: Fall of crypto is near on: March 29, 2018, 04:57:57 AM
I am in immense pain to say that i foresee the fall. I would not be surprised if we lose from this point to 50-60 percent.
Accirding to my knowledge institutional investors are bidding out from crypto and stocks.
Stocks has already dwindling now and same will comeback to crypto.
I know some will say it is a fud but friends i am not joking. You are free to not  to buy my thoughts.
Hope i will save someone.
Thank you.
Price today: 7930 usd per bitcoin.

Ps: sorry for typos i am on smartphone and oil is in my hands, i saw something ehich i could not resist..so i decided to spread my words with you guys.

What came up to your mind to say those words? Your source of information? Over the internet or a friend told about it? Come on and tell us more. I think market is recovering, climbing back again.
Or is it just you have lost more than enough to drag us down with you man? Well I am ready for what may happens, I am not day trading anymore and just merely investing and waiting for an information that might make me happy. "Stop Lost" is not a word for me rather cowardliness Cheesy, not being mean but it is obviously FUD that your are saying without further evidence.

This is why market is full of panic people who think they are the only one shitting around. I agree to the second man in here as why would one should care anyway if someone is creating the FUD's all the time. They could be either in the position where they doesn't understand the market of crypto currency at all or simply they are playing around and dont know what they talking about.


Why care about the stocks if that is completely different border line of the virtual world and real world. They do have effect on one another but it works only if the people from real world are investing money into the crypto currencies. Also, forget about the stocks, just focus on what reality bitcoin is going to bring up sooner in the time.
472  Economy / Economics / Re: Is Bitcoin fair for those who buy for the first time now? on: March 28, 2018, 05:07:58 PM
Nooo, thats very misleading I guess. Even people who got involved in the bitcoin in year 2009 are not holding the bitcoin because I am pretty sure most of them sold it in the early days and most of them sold it when bitcoin reached 1K in value which was blessings for them. So there is no much difference between those who got involved in early stages and those who are getting involved today. Its all about those who hold and its all about those who sell at different time points.

There is no in leaving the crypto and holding the fiat, that one got my attention. There is always chance in the crypto currency and who said that it is not going to rise in the value or use in the future? It was unknown when it was launched in 2009 and it is unknown today as well, but it did grew after 2009, right? So lets just jump in and let others come out of the fiat world.
473  Economy / Economics / Re: Does bitcoin important in blockchain world ? on: March 28, 2018, 02:47:21 PM
Actually people don’t know so much  about blockchain but they love and they have strong feeling for blockchain. People are infatuated on blockchain. People start their journey with blockchain that lead to bitcoin and day by day it earns a strong feeling on digital currency which help the people for earning money at any situation. Now this is much more excited in virtual currency and also popular like other national or international or local currency  without doubt is so much important and interrelated to blockchain world.

There are so many happenings in the world and still we lack most of the crowd in the blockchain that should get going in virtual currency. Though we see tremendous number of crypto users still it is not much more if we look at the world population here. The crypto currency has been here since decade now but the out reach is still not that much. The decade period is really huge my mate, and it only tells me one thing that crypto currencies are popular but people still ambiguous about its use and investing into it. Is it nation and international? Yes, it is but as I said its not getting into deep heart yet.
474  Bitcoin / Bitcoin Discussion / Re: Purchasing biggest crypto exchanges by banks on: March 28, 2018, 11:38:08 AM
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1. Banks want to destroy crypto and buying exchanges to make them scam at one time.

Why would bank will do it anyway? I am mean come on banks are devil but they aren't so much caring about buying the exchanger first and then dumping it for the same. Fro where do you think bank gets there money? Its us, they use our money to run their institute and this means they wont do anything stupid like buying the crypto exchange and then selling it. So this is out of option.



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2. Banks know that Wall Street is ready to enter the market and supposed to get good profit in the nearest future.

Banks already know what Wall Street is doing and they will never interfere with them. The reason is simple, people make loads of $$$ from the Wall Street and where do we put so much money? Obviously in the banks and thus this is how they run in the first place. They get money, they give away huge % of interest loan and thus earn big buck for the institute. This is variant is like traditional stuff which will keep on going.
475  Economy / Trading Discussion / Re: How to trade right and right? on: March 25, 2018, 04:27:06 PM
how to trade the good and right so that we do not lose?
Can anyone advise to me on a trusted site?
For seniors please guidance ... Wink Wink Wink

Thats very confident one to have right and right trades all the time!

Trading is really a gambling game if you ask me. It has occurred to me many times that whenever we try to make some good trades there could be lot of external and internal factors that might just hamper the whole thing in worst possible way to make your trade go wrong all the way around. I am adding this one because thats the reality while you trade which you must know about.

As matter of fact the guidance is not what we will tell you here but its your own experience and what you take from that while making trades around you. So go there, make trades, if you loose then learn from it and if you win then also learn from it.
476  Economy / Trading Discussion / Re: How hard is it to pay with bitcoin? on: March 25, 2018, 04:00:30 PM
Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?

Yes they are but it is no different than what we have with credit or debit cards or internet banking for example. I mean you have to have the bank account for availing these services but for using bitcoin there is no different thing there too. I mean you have to have the bitcoin wallet in the first place and on top of that you also need to synch it with the KYC now a days.

Thats about the account creating in both financial institutes!

The further steps are also kind of similar,

-> With internet banking you can send funds almost instantly by using services like UPI, IMPS, QR and much more.
-> With ATM cards you can have instant money in the form of cash or you can pay at the counter in zero minutes too,

For Bitcoin :

-> Similar way of paying, you need address and you need confirmation after transaction is broadcasted.


I think they both are convenient.

477  Economy / Economics / Re: Bitcoin vs. Gold Prices on: March 25, 2018, 05:34:19 AM
Both the things are different. I'm not sure why this comparison even exist. I mean bitcoin is product of blockchain that exist as decentralised entity and thus works mostly based on public ledger and investor base. It's value comes from there and it also doesn't carry any sort of taxes to change its value at the end user point. While gold is differently mamaged.. it's value comes from the cost of investment that is done on the extraction process, it includes different government charges and taxes and thus it gets the value that we see for it. You guys really think they are comparable with the value they have got. It will be versatile always.
478  Bitcoin / Bitcoin Discussion / Re: BTC experience for young people on: March 25, 2018, 04:38:03 AM
Bitcoin is way beyond craze in youngsters. Now a days this trend has increased a lot because they know very well how to use it and how to earn it. Bitcoin really takes your time and it's not possible for the real jobearner to spend all his time over the crypto currency stuff. I believe that's one of the reason why it is getting very popular in the young people. And it's good thing by the way.

You speak about the speculation and it's relaibility. I don't think there is any speculation that is true at all. It's all about the time, external internal factors and relativity to situations that decides the ultimate fate.
479  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be used as a national foreign exchange reserve in the future? on: March 24, 2018, 02:53:41 PM
Foreign exchange reserves are reserve assets held by a central bank in foreign currencies, used to back liabilities on their own issued currency as well as to influence monetary policy. You cannot use a global currency with high volatility to function in that role. You need a national asset with low volatility to be effective in that role.

China currently have about $3,520.4 billions of U.S. dollars worth of Reserve Assets.

That and also the receiver needs to be far more stable for example, gold, diamonds and other precious things really. If national reserve is flooded with the volatile currency like bitcoin then they will themselves have to rely on something far stable to support the consequences of national reserve depletion itself. I mean come on just imagine the bitcoin dropping all the way down to $1 then what would you say? The national reserve will drop accordingly and may compromise the main hub with that act. Thats why I am sure this is not possible.
480  Economy / Economics / Re: I want to invest more of what I don't have (money) on: March 24, 2018, 01:47:44 PM
I want to invest a few more thousands into eos, iota, and aion for the win. Too bad it will take me a few more weeks. I am so drained lol. Anyone else thinking like this? So motivated to invest. But lacking the funds.

If you lack the funds then off course you should not start creating the investment folio right away. I mean what is the use of it if you are not able to buy them and there is no point in studying them.

I mean just create some fundings initially and then go step by step for investing your money on it.  Tongue

About the coins you have listed, they are old and doing fairly well so if considered for long terms then they might turn your investment into profits sure. With no guarantee though because of the uncertain cryptos.
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