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481  Economy / Economics / Re: US Congressman gets paid to trash Bitcoin on: July 20, 2018, 10:26:44 AM


Basically, this man to got paid by a credit card processor company (the biggest donation he's had) in order to trash Bitcoin because they know that if Bitcoin keeps gaining terrain it would displace their business. Of course and once again, nothing to do with them trying to protect idiots whom "will get burned by bitcoin".

https://finance.yahoo.com/news/bitcoin-crock-politician-received-biggest-180229189.html?guccounter=1



The man is paid and that reason is enough to leave him a scary lawsuit if one can emphasize the bribery that had happen. This allegation will not probably approved since it also rely on some way or another in crypto's actually this needs a vast amount of manpower to execute this properly.
482  Economy / Economics / Re: What would happen to banks? on: July 20, 2018, 09:56:15 AM
Many says that banks would become obsolete if cryptocurrency would take over the world in the future, but i guess not. Here are some of my assumptions on what would be the situation of banks in the future with cryptocurrency.


1. INVESTMENT
Banks will take an advantage to cryptocurrency using it as their main source of investment. They say, if you cant beat them, join them and bank owners  would do everything to fit into new society of financing to find clients on the new generation and still earn from them. Instead of UITFs or mutual funds, they would go for crypto investments.


2. CURRENCY
Or perhaps i would say a dollar account. As far as i know, banks offers a local currency account and a dollar account which can be used for international transactions such as shipment or travel. On the cryptocurrency era, there would be a local currency, dollar , and cryptocurrency account which probably an electronic account. Dollar wouldnt be a big hit that time because crypto can function the same and more effecient to do.


3. LOANS
Who can say that you can only loan fiat on banks? When the time comes, bank can offer crytpocurrency loans which can be used as an investment, business or buying something on cryptocurrency market. Im sure all items can be purchased using crypto that time including cars and real estates. So getting some cryptoloan wouldnt be a problem.


4. SAVINGS
ofcourse, the most wanted of them all. Who.doesnt want any security for their treasured cryptocirrency earnings? Banks which has the main function of keeping your money secured would offer crypto savings which produces interest over time. Preventing scams and hackers that we all afraid of.


As you see, banks would rather adopt than being extinct. Its like those businesses who innovates when society changes. If cryptocurrency overpower the economy, they should go with the flow to survive
It's no big matter Banks will find a way to solve this example regulating the terms of crypto's and regulating it's uses. Probably there will be a war that are going to break out if the balance of this two will to be broken. Indeed crypto's are good but not all people know it and how to use it so we are probably safe for now.
483  Economy / Trading Discussion / Re: Day trade? on: July 12, 2018, 10:58:27 PM
Day trade is good now, or is just when market is more unstable ?
The pace on day trade is just too fast and judging from your post you are a newbie that still don't know when is the time to invest. Day trade is a fast pace type of trading it needs a lot of time and patience of course controlling yourself too when handling tough situations. Day trade can leave you to almost holding all the time because of the fluctuating price of every coin.
484  Economy / Trading Discussion / Re: Bitcoin Holds Above $6k on: July 12, 2018, 10:08:27 PM
Is news about alleged manipulation of the Bitcoin price also manipulation?

Read Bokka Crypto Technical Analysis BTC/USD 14.06.18: https://bokka.com/cryptocurrency-news-bitcoin-holds-above-6k
The price of bitcoin was down to $5500k lately there was no manipulation that has happen as much as I know the normal price of BTC is $5000 just for now and will be bigger after some time. It's unlikely from them to let the people know they are manipulating the price I smell something fishy around here.
485  Economy / Economics / Re: hackers becoming smarter than exchanges? on: July 12, 2018, 01:45:05 PM
Even though hackers are smarter than the average person however it is not enough to compare these two choices. Hackers are more intelligent than exchange but it is only applicable to some particular exchanges of those that lacks security and reveals too much flaws and bugs that any hackers can exploit.
486  Economy / Trading Discussion / Re: Is anyone trading through this exchange?? on: July 12, 2018, 09:07:31 AM
Crypto trading is something that we all love, at least me. But there is no who will say it's all that easy to do it. You are bombed with many hurdles, which often kills your energy and makes people struggle a fair bit.

In fact, I have found doing Crypto trading as difficult as one could ever think off, but before people take wrong meaning out of this, I mean by finding quality exchanger to be able to trade smoothly, so that's where the trouble begins.

I have found it better to trade through Forex Brokers, who provide up with this stuff, not original Crypto exchangers, as they are too difficult and costly as well. But I have recently found iCoin - https://www.icoin.in.th and thought it to be extremely simple and straight forward much like my current (Forex brokers), but I love to hear whether anyone hear done trading with them?

If anyone here has used them, then please share the experience you had.

Indeed trading isn't easy as it sounds the struggle is real when dealing crypto's. Trading is not an easy feat for all I care and as much as I am concern no one favors trading as lovable it could deal  heavy mental damage if one wasn't careful enough it can be really depressing I advice the people who are fragile beings not to do trade.
487  Economy / Exchanges / Re: Yobit BTG withdraw! on: July 11, 2018, 02:42:20 PM
Someone know yobit exchange is scam or not?
I can't withdraw my BTG.Thank you. Shocked
Unfortunately it is soma may say it's only an issue on their system or bug but it's still fishy to not notice the irregular number of complainants through the years. The reputation of Yobit is ruin to almost nothing and it seems like they updated their ui features but it's still not enough tainted is tainted no matter what they do the crowd won't give second chance.
488  Economy / Trading Discussion / Re: What Motivates you to Invest in Cryptocurrency? on: July 11, 2018, 11:10:56 AM
Obviously knowledge and money you can say I'm selfish or an opportunistic guy what can I say I'm no saint to guide everyone to the right path I will use every means to succeed also I will not take for granted the great perks about me to proceed to greatness lol. I want to achieve great knowledge to achieve my goals in life.
489  Economy / Trading Discussion / Re: Dangerous price area on: July 11, 2018, 06:48:05 AM
hey guys, Bitcoin is moving really dangerously to 6000/62000 price level.
If we break this level most of mining farms have to stop mining or continue to produce at loss...
this would be a really nefarious scenario!!!
who thinks Bitcoin will break psychological 6k level? what could happen then? any opinion or analysis???

It's possible but the happenings that we don't know as for the mentality about holding might falter through the dip so brace yourselves until it happens. Miners won't quit especially even in this low price it would benefit them most in the long run they just have to endure it until the great pump happens.
490  Economy / Trading Discussion / Re: buy some, sell some, and hold some on: July 11, 2018, 06:16:24 AM
when you do trading, do you always think about this, "buy some, sell some, hold some."
No I absolutely sell all my belongings if I feel like it. Actually a method that has been passed down from traders to traders a method that could control your feelings and lessen the burden you will face to limit a range of your loss and wins both can be optional limit it to 30% win a d 20% loss range of your money.
491  Economy / Trading Discussion / Re: Earning with BTCs? on: July 11, 2018, 03:59:15 AM
Try my service.  Is just a little risky (due to trading market)  but you could invest just 1 BTC . I sent you a PM.
What service do you offer to OP? You should've posted it here not just pm him who knows it could be a start of your career or else you might be plotting something bad and it's obvious that you will trade all of that money of unsureness so you are just making a capital although i can't theorize everything so please be mindful
492  Economy / Economics / Re: Facebook now joining btc? on: July 10, 2018, 10:18:17 PM
BTC ON facebook is not a good idea the unssure price of BTC are stake if it were to be implemented Facebook will probably go down considering the unsure price they may lose their money in a matter of seconds and a company might lose even a penny isn't a big deal but if facebook is on the line were talking about millions if milions can be spared then lurkers will grab that chance to sell their money leaving facebook a big loser.
493  Economy / Economics / Re: Cryptocurrency or Stock Market? on: July 10, 2018, 09:07:56 PM
Accumulating experience in crypto's is a good thing if you can control the flow of your funds then you'll profit along the way since we are  not making it big we choose even though it's just crypto it is enough to make you wealthy if you have what it takes and full proof plan to success.
494  Economy / Trading Discussion / Re: Applicable trading apps on: July 10, 2018, 02:14:35 PM
Is there any applicable trading apps which is a good one and get the benefits of using it? I have seen there are some application in trading are scams.
Binance has an app that you can always rely on even though some has problems regarding the topic but it is resolved after a while or so. And what do you mean by benefits be specific and realistic there too many benefits if you are trading not only you gain experience from being a hustler it could also be applied when dealing things that could change price.
495  Economy / Economics / Re: Facebook now joining btc? on: July 10, 2018, 10:50:27 AM
Didn't you hear? Mark Zuckerberg doesn't like BTC at all even though I'm a fan of BTC but I also can't ignore the fact of his statements it could potentially ruin their reputation and accessibility if BTC were to implemented on their system. It's that bad considering the vast consequences in BTC if your a perfectionist.
496  Economy / Economics / Re: Why do older people like investing in Gold/Silver? on: July 09, 2018, 11:35:56 PM
As you may also know precious stones can rack up money through time. Every other time stones or gold can raise it's price based on rarity and scarcity. These elements can be used in mamy ways one example just coating something with gold even normal things can be expensive just by coating it with gold.
497  Economy / Economics / Re: Wechat money is better than bitcoun? on: July 09, 2018, 10:46:01 PM
No. Wechat money, Alipay and other the same payment methods are centralized while bitcoin isn't.

Wechat money = China and nearby countries.

Bitcoin = world.

and do you think that wechat money ia the reason why they dont need bitcoin?
They are not yet ready to adopt it.
Nice explanation the decentralization of bitcoin is the game changer it is not connected to any company so it can get it's price without relying on someone. Wechat isn't even crypto so it is useless to compare these two wechat isn't versatile but bitcoin is.
498  Economy / Speculation / Re: I would like to give my opinion about BTC and its future on: July 09, 2018, 01:04:37 AM
Hi this is just my opinion and do not take it as a fact.

I am very saddened by this crash because I know so many teenagers who invested into crypto with their college funds during december/january rush and now they have nothing left.
My advice to you, please get out of crypto if you have families and children to feed. this is the game of whales and greediness and they will steal all your money and unless you are a very early investor, they will send you onto the streets. Cryptocurrency can be compared to religion. religion for centuries was used to control population and enslave them. Cryptocurrency is used by few hundred people who own half of btc that manipulate the market in a way where regular people have a delusional hope that one day they will get rich so you put money into crypto using loans, credit cards, mortgaging houses. Banks overseen it and now they try to ban it. Dont excluse the odds of that whales know each other are high and together they can easily nullify  the market to take all your money leaving you broke. Once the market becomes worthless the cycle repeats. people please get out now the market CAN crash to 3k or below and it is inevitable because it is not decided by the world, its decided by few people.  I was a victim of bitcoin scam too. i invested 10k into trx  when it was 24 cents and 2k into ela at 90$ and icx 35k satoshi and now I am broke. I just have 1500$ left from 12k and I will aknowledge my losses and get into real regulated market. there are much better markets out there where you are fully protected. my wife invested into shopify last year her stocks went from 35$ to 190$ and it will only grow. no market manipulation whatsoever. stop feeding the whales please. blockchain is the future, I agree. however i believe when institutions step in, it will be regulated but they will use  their own network rather than the corrupted btc and this is why btc can one day just disappear.
Not bitter and salty af but it's their faults why would they invest on crypto currency without a plan ahead especially BTC. BTC has the far most instability of all the crypto there is. Plan ahead like what's the range in loss that you sell or win that you will also sell
499  Economy / Exchanges / Re: yobit or hitbtc on: July 09, 2018, 12:17:25 AM
I prefer Hitbtc well if you're picking in these two it might have similarities that are bad for traders since I will pick from bad to worse then I'll pick hitbtc since recently I've traded there and didn't face problems but yobit on the other hand has an obvious scheme and reputation that could potentially lead to illegal activities or frauds is alarming even for this forum.
500  Economy / Trading Discussion / Re: Altcoin price based on bitcoin price? on: July 08, 2018, 11:07:55 PM
Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down


Not all altcoins suffers from that and bitcoin do not have any connections in any altcoin there is. Falling of altcoin and Bitcoin are all coincidentally events and you should know better that every exchange or trading site has different pricing of every coins so maybe in other exchange you may gain more than  your previous site.
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