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481  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: November 23, 2017, 11:59:38 PM
Untill these days i make bitcoin as a cost savings. Whilst learning about altcoin buying and selling, i want to have good earnings from bitcoin like my friends.
to me i think in present time holding bitcoin for a long time will be more and more profitable. We can in fact get a good profit after a long time, because bitcoin still have good potential to increase. people still interested to invest money in bitcoin. they still confident about the price of bitcoin, new comers are entering in bitcoin world which is increasing the demand of bitcoin and therefore the price is also increasing from time to time.
482  Bitcoin / Bitcoin Discussion / Re: Is It advisable to quit my present job for bitcoin? on: November 23, 2017, 11:47:55 PM
we keep working on our jobs and bitcoin we make extra income to increase our economic level
Yes it may not be a good advise to quit your day job for bitcoin. In fact we can continue both in the same time, as bitcoin trading need a very little time and therefore we can easily continue both of them. You just need to have some planning which can help you to give good time to both your day job as well as to online trading, i think you can even  manage to continue trading during your day job if you can find some free time during you day job. As i know some people who continue both day job as we all their online trading in the same time.
483  Bitcoin / Bitcoin Discussion / Re: Do you think bitcoin has role to play in the future? on: November 23, 2017, 11:21:58 PM
Yes I agree that bitcoin will play a major role in the future.  Bitcoin is a digital currency that is one of a kind. We are now in the digital era where everything can be done in just one tap and  that is why Bitcoin and this is what bitcoin will do in our lives. People will be more engaged on this cryptocurrency, it will be our way of living. Purchases of goods and services, investment value will rise up to its peak therefore increasing more demand giving investors bi income returns. Even government to accept bitcoin in all its transactions. Blockchain will be our way of living and people will embrace this because of its security, accountability, high end network and will simplify process of every personal or business transactions by eradicating the middleman such as banks.
Yes bitcoin can play important role but i think still bitcoin need to be more popular, as currently most of the people still do not know about bitcoin. People who know about bitcoin still have the opportunity to make good profit from bitcoin. BItcoin still good potential and people who will invest money in bitcoin right now will surely get a good profit. I am hopeful that bitcoin familiarity is increasing from time to time and therefore we are expecting that bitcoin users will also increase too much in next few months.
484  Other / Off-topic / Re: Bitcoin is not gambling on: November 22, 2017, 11:58:53 PM
Gambling can be defined as taking risks in the hope of a better outcome, one can put some money in kaysino, betting or other sports. In gambling only thing that works is probability but when you put money into bitcoin it can be called an investment rather than gambling moreover bitcoin into currency which then used by people for gambling because bitcoin can not be called as gambling. Bitcoin simply does not really get what it's about crypto currency Cool
Althogh risk is always there in every field of life but still we cannot consider it as gambling. Bitcoin is pure investment and can also be consider as trading, where we need to have good experience and trading skill, without having good trading skill we cannot make good profit from bitcoin.
485  Bitcoin / Bitcoin Discussion / Re: Bitcoin in College??? on: November 21, 2017, 11:59:51 PM
I think every countries should be started in college bitcoin.Now manay college student are know about bitcoin.They worked online based marketing and earn to money.
In many schools bitcoin is now going to teach and I hope in college it will also be started to teach because bitcoin is one the famous currency in young people and they want to learn from bitcoin because bitcoin can help you in future and its very safe and sound for investment so I think in future bitcoin will be start to tech in college as well.

I do not think that bitcoins will be teached in high school but in college there is a higher possibility for professors to teach it in their students  on computer subjects because it is related in I.T. course and computer engineering.
With the increasing popularity of bitcoin it now feeling the need to introduce bitcoin at high school, colleges and universities level, so that people may get awarness about it. Although bitcoin is still not so common to be use for buying everything, but still we can expect that in near future the use of bitcoin will increase too much and we will become able to use bitcoin for buying everything for which we normally using fiat currency.
486  Other / Off-topic / Re: What are your goals in 2018? on: November 21, 2017, 11:32:20 PM
I plan to buy more altcoins and hold to longer tokens because some of my tokens have improved significantly and have a high enough value, but I would also be more selective in buying tokens because some of tokens i own are very low, and I'm optimistic with this plan will be able to realize my dream with bitcoin in the next year.
with the passage of time crypto currencies are becoming more popular therefore we cane expect that in 2018 bitcoin and some other altcoins will be more profitable. I think it will be too good if we hold our bitcoin and even try to buy some more. Because in future we can expect that the price of bitcoin can increase too much and can give us a very good profit.
487  Economy / Services / Re: 🔥🔥 P2PSF Signature Campaign [OPEN] 🔥🔥 on: November 19, 2017, 01:22:53 AM
I would like to join this signature campaign.

Bitcointalk Username: ArnoldChippy
Rank: Sr. Member
Current post count: 389
Bitcointalk profile UR: https://bitcointalk.org/index.php?action=profile;u=303247
BTC Address: 1HJ46SjYGYY75Ef3iJvWXjRFCErSyPQ71b
ETH address: Will provide soon
488  Economy / Speculation / Re: bitcoin prediction on: November 10, 2017, 11:57:27 PM
in 2017 bitcoin increase value almost 700%, now prices between $7000 and $7300, what month do you think bitcoin will increase value till $10.000?
Probably bitcoin price would reach $10,000 by 2019. It is too early for it to reach the said price by 2017 IMO. Also, it is still early for it to reach the speculated price by 2018 because bitcoin has been in a prolonged period of bullish market already and a dump might happen soon. 2019 seems to be a realistic year for btc to reach the speculated price although it might get stable by that time on a lower price but the chance of it reaching 10,000$ is higher in 2019.
Yes $ 10K is the predicted price by the end of the year 2017 for the bitcoin to achieve. I hope bitcoin will easily achieve this target once it comes out the drop scene phase which is until now not in a full swing because of the bitcoin resistance. This whole drama will be over in a week or so and once again bitcoin will be on the track of progression. However, majority of bitcoin users are holding it for to become stable and sell it after 2017. Those people who are holding bitcoin for at least these two months will enjoy the crunchy profit and crispy price of $10 k in early January 2018.
489  Economy / Speculation / Re: why BTC price could still hold after the Segwit2x cancellation? on: November 10, 2017, 11:20:48 PM
Yes, Segwit2x was canceled. Still, the price of BTC holds up and the alts bumped and now down again.
Do you think BTC price will keep going up still?

well the thing is investors will feel more comfartable without the fork scheduling to happen obviously since there is still this sort of view that bitcoin is as a whole community and not divided into two distinct factions.

Therefore, price will get pumped hard because of this.

I would assume that price will reach $10k this year probably and next year, potentially 12k. But after that once the fork is all happened and done, the price could potentially adjust.
Obviously it will be facilitation to the market and to the whole community but if it happens like this then most probably the whales will not be happy with it. They want the community to live in a chaos so that they could have the best hold of the bitcoin. If things get to be going smooth then there will be no panic and no panic will refer to a zero panic selling like as it happened in the last fork a few weeks ago. This smooth situation is not the target of the stake holders. In such a situation the price will be in a continuous upwards position on the graph which will definitely reduce the profit margin of the whales which are none others then the so called stake holders of the bitcoin. They are a small group of a few people but dominant on hundreds and thousands of common people of the bitcoin community. They will never want a common person to have a profit like them, therefore; they do the tricks which are kept out of the reach of a common user while they loot the people’s money.
490  Economy / Speculation / Re: Bubble or Not? on: November 10, 2017, 10:54:44 PM
No yet, 100k before 5 years...YES
Now is only pump with correction, no awesome bubble...

Bubble or not, bitcoin can reach $100,000 soon and I don't care about on what year or how many years does it need to take just to reach that amount. And it sounds and looks good when the price reaches at $100,000 for about 5 years. What I'm thinking is on how John McAfee will eat his d on national television if the price never gets into $500,000 for 3 years.
Three years is a very little time for this price to come. I am not sure if Bitcoin will be ever able to be worth 0.5million dollars, this is such a huge amount. Till 50thousand dollars it can achieve in the next five years if it remains in the list of the leading crypto currency. I don’t think bitcoin will bear the pressure of this huge amount. If bitcoin remains with the same characters and don’t upgrade it technology, people will certainly fed up from it and switch to another competent altcoin. I wish before that day comes the bitcoin team resolves these issues. Once the issues are resolved then no one can stop bitcoin price to go to the moon.   
Bitcoin besides lacking the resolving of issues is on top which is the symbol of its users trust and love for it. But the continuous uncertain market situation can cause awful distress to the bitcoin price and trade volume.
491  Bitcoin / Bitcoin Discussion / Re: Bitcoin will become the best worldwide cryptocurrency and digital payment system on: November 10, 2017, 09:56:41 PM
I agree with your statement. Bitcoin is on the way of recognition and it is going to be the best worldwide cryptocurrency and digital payment system as you mentioned. Added to that, the whole world is on the way to cryptocurrency which it is going to occur very soon.

I believe that, someday, countries will get rid of fiat money and replace it with a digital currency, and the whole world will be dealing with one global currency.
In modern time where the use importance of science and technology is increasing, in such society people are now also feeling the need to change their payment method, that is the reason that now they are giving more importance to crypto currency which is also a modern creation of the modern science and technology. i am sure that bitcoin popularity will be increasing from time to time and it is expected that very soon it will become as the world number one payment system throughout the world.
492  Economy / Marketplace / Re: Bitcoin and ETH trading for big profits on: November 10, 2017, 05:55:11 PM
If you have etherum and bitcoin in 6our wallet for sure you will earn a lot of profit. What if those people buy bitcoin and ethereum when the price is very low for sure now they can earn a lot of profit and most of them become rich or millionaire person.  So if you want to invest choose both and for sure you will be glad to the result because you earn more profit.
Yes both can be consider as good for trading and can give you good profit. After cancellation of bitcoin now we can expect that the price of bitcoin will take a correction and therefore there are more chances that people will try to transfer their investment from bitcoin to Etherium, Because the price of Etherium is expected to increase too much in next few months. therefore i think investment in Etherium is also a good option.
493  Economy / Gambling discussion / Re: Gambling and Relationships! on: November 10, 2017, 10:27:50 AM
My girlfriend (of nearly 10 years) & I both gamble & it doesn’t affect us negatively in any way. We both gamble on football (soccer). She likes horse racing too.
10 years of age is a very little for gambling. i do not think that  a girl of 10 years of age can manage to play gambling. She is even not allowed to enter a casino. And i think that if your girl friend age is 10 years of age, then your age will be less than 18 years of age, there you may also be not allowed to play gambling.
494  Economy / Gambling discussion / Re: How to control greed on gambling? on: November 10, 2017, 06:30:30 AM
To control greed on gambling is makes sure everytime we gamble don't get serious, instead you have to enjoy it and have fun of it. Be sure that you know how to control your emotions upon you were gamble or while you playing. Most of gamblers have same problems the greediness. In my experience i know how to control my self, because when you are greedy already you'll be addicted, before anything else avoid being greedy and think well.
Greed is part of the human nature and not getting serious whiles gambling is not going to do anything about it at all, Gamblers are almost always willing to risk everything just because they want to double their winnings and that doesn't always work out well for them in the end. Its better to win in small margins than to try and win it all and lose everything in the end.
even when you did not consider gambling as a serious one i doubt you can resist to stay away after you have done gamble, the insane easy money making factor makes people hooked and become so greedy within a minutes from the start you play the game.

nothing can stop become greedy and so emotional but you, yes only yourself.
The hope to make huge amount of money in short time is the reason for which people play gambling. Greed is there in nature of people, Which is not so easy to control. people want access of everything. They do not compromise for what they have. They always expect that they can get more money form gambling therefore they like to continue, but in fact no one can be luck for every time.
495  Economy / Gambling discussion / Re: Did you learn from your gambling mistakes? on: November 10, 2017, 05:15:22 AM
The biggest mistake I have learned from gambling was that Gambling it self is a mistake when you get into it you will just start betting your money in higher amounts and in the end you will lose your money so gambling is a mistake that I have learned so far.
that is the catch of bitcoin it can easily get anyone addicted to gambling without them even realizing that they are actually addicted to it. if you haven't gamble at all its better if you don't otherwise getting rid of addiction is really hard

Addiction is not the only single mistake performed by the gamblers/players. Recently I was gambling and I was loosing, and as I was loosing I tried even more. I later realized here attraction for money was not the cause, rather I wanted to satisfy my ego y winning atleast once. Since then whenever I get annoyed or feel furious I straight away stop right there.
People even addicted to gambling can play gambling in a smart way. They continue gambling for a long long time but never feel it as wrong. In fact they have their limit for playing gambling, they never exceed the limit which prevent them from losing a big amount of money and therefore they can continue gambling for a long long time.
496  Economy / Economics / Re: Would a global disaster increase or decrease the Bitcoin value ? on: November 09, 2017, 11:25:11 PM
global disaster mean this is happened to almost all of the countries in the world and i think yes possibly it will decrease the value of cryptocurrency because when global disaster happened most of people only concern how to save their own life without care for their wealth and if it is so then bitcoin will being worthless and lack of interest also the damage effect is there's no internet connections which being the main thing to use bitcoin

Bitcoin is a cosmetic wealth it is useful only when there is disturbance to the world. God forbid if any disaster happens, if it is manmade or natural bitcoin and bitcoin owners will be affected the most from it. Look at how small things affects bitcoin price even the small rumors drag it price low by a thousand dollar in an hour. Bitcoin is a virtual currency designed to be used in an ideal condition. In disasters after life saving people look for the concrete and solid assets which could help them in survival. Gold and fiat are the least affected assets in a disastrous situation.       
497  Bitcoin / Bitcoin Discussion / Re: Why people attract for the BitCoin than other crypto currency? on: November 09, 2017, 06:40:21 PM
Please give your opinions.
Bitcoin is the first invention of crypto. It will not be wrong saying that bitcoin originated crypto. The alts are the copy of bitcoin therefore people prefer bitcoin being the original one. Even today the alts marketing strategies include the point that says that it is a currency like the bitcoin. Technically the marketing is promoting bitcoin. The other reason is that bitcoin has proved itself as a best investment and investors are satisfied with the return they get from it. Bitcoin is less risky as compare to the other alts. It still has a high market cap with a very limited number available in market.
498  Bitcoin / Bitcoin Discussion / Re: 51% attack, possible with segwith2x? on: November 09, 2017, 03:10:09 PM
So I've been reading an article on Coindesk recently, about a new possibility of a 51% attack.

Link here, https://www.coindesk.com/bitcoins-bogeyman-cometh-segwit2x-51-attack/.

From what I understood, it is the ability of a miner with 51% hashing power of the whole network to be able to control bitcoin transactions. They can possibly not confirm a transaction, change a transaction, and other awful effects. This attack almost happened 3 years ago with ghash.io mining pool almost reaching 51% (they were so close, when they reached 50% hashing power).

Now, fast forward to today, this attack is again looking possible because, from what I read, the segwit2x was being pushed by a group of miners, that, if combined, will result to 80% of the hashing power of the world. Well that is assuming the pool members will not leave their respective pools that joined the new york agreement. From my further readings, the people that met for the new york agreement had a close door meeting, hence there is no clear information that discloses what they talked about in there.

What if these people colluded to attack bitcoins using the 51% attack? Do you guys think this is a possibility and will those entities that are pushing for segwit2x attack the network?
No I don’t really believe on any of the article of the coindesk. It is a speculation based website which publishes paid articles; those are used by speculators for their own benefits and not to educate the users. I remember the JP Morgan CEO “James Dimon” statement in the past days who speculated bitcoin value that caused a great damage to the users. I was the one personally affected by that statement of James Dimon and the reason was the coindesk article. However there is information about the bitcoin future shared on the coindesk but I don’t take it serious at all. My suggestion to all the members of the forum is to ignore such articles and make your own way.
499  Bitcoin / Bitcoin Discussion / Re: What could go wrong with Bitcoin? on: November 09, 2017, 12:26:57 AM
Hi (funny username Smiley)
You are a smart man if you accumulated BTC since 2013, I wish I did.
IMO the worst that could happen is that all the countries in the world decide that Bitcoin is illegal. This is very unlikely IMO but it would make the price crash. Bitcoin would'nt disappear in such a scenario, but the value of it would return to what it was long time ago.
For me this is the highest risk.
Personal risks for you is to be hacked, of course, but you probably know how to make your bitcoins safe.

I totally agree with this! There are lots of countries which not accepts Bitcoin. The worst case scenario that I can think of is majority of the countries around the world will ban Bitcoin or at least will try to regulate it. If that will happen, many people will be afraid to use it and it will lead to price drop. Bitcoin can lose its value in the future if that will happen. I suggest that you diversify your wealth and not focus purely on Bitcoin.

I dont agree that majority of the countries wilk ban bitcoin, there were only few countries who have done this. Government are now starting to recognized the use of bitcoin as a form of payment of asset. Bitcoin will only be ban once it become a threat to government, thus would become threat once people bitcoin use it in illegal activities.

Going back to main question, the only risk with your wealth is once people stop from using bitcoin. But that would be impossible, instead the opposite happens. The continuously rising and demand increase while supply in limited. I assume that you have big amount of bitcoin for now since you have been saving since 2013. Just avoid lossing your password and suddenly got hacked. That would be the worst thing to happen.
Majority countries will recognize bitcoin formally in their countries and will be treated as a legal currency almost in future. Currently many countries are in thinking process to announce bitcoin a legal currency and most probably they will take a decision about bitcoin legalization in 2018. Why the people will stop business in bitcoin if they are earning a huge amount from it. I don’t think so that people will stop buying bitcoin because they know that future is based on new digital financial system and bitcoin is the mother currency of digital financial system.
500  Economy / Speculation / Re: I BUY GOLD OR BITCOIN? on: November 08, 2017, 11:54:55 PM
Hi guys, I've been in the world of bitcoin and cryptocurrencies for some time, some relatives and friends ask me to buy gold or bitcoin to save, and I answer:

1. If you want to be safe without worrying about buying gold, because its price is very stable, at 1200 dollars an ounce.

2. If you want to invest in bitcoin I invite you to investigate what technology is about, I tell you that it is a new technology that will revolutionize the world, it is decentralized, distributed, without control of any kind of government, its quantity is limited. that allows it to be deflamatory, with the passage of time it takes more value, but it is your RESPONSIBILITY if you make the investment in bitcoin, I only tell you the advantages but it is up to you to investigate the subject.

WHAT WOULD YOU RESPOND?


Gold is also much better because of a stable of price value, but if your going to buy I choose "bitcoin" because this time because of  the quick transforming of our technology bitcoin is only the one who change your life quickly into high quality leaving because it is very unpredictable  price its very challenging and more interesting when it comes to make money from bitcoin, many people are trying to make buying and  also selling  of bitcoin and they will be share to other people  their experienced  through youtube and many other site in google.
If you want to survive fluently and successfully in the society so you would need to accept the new era requirements. Bitcoin and gold both are beneficial and profitable for future savings but there is a difference between gold and bitcoin if we examine the returns value of both in future. Gold price is very slow to increase while bitcoin price is increasing by the hours of time period so in this regard we may say that bitcoin will give best returns in future than gold as well as it is the requirement of future so we have to select bitcoin for future savings.
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