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4981  Economy / Economics / Re: Bitcoin has gone beyond gold prices on: November 02, 2017, 01:46:30 PM
The value of gold has been surpassed long back, but this hasn't gained the same trust as gold holds. This is all because of the increased market capital as well the commodity backing of the asset. Maybe later this will change when more of the people realize the need of a digital growth to fulfill the requirements of life.
4982  Bitcoin / Bitcoin Discussion / Re: Is bitcoin is the new era of currency? on: November 02, 2017, 12:34:14 PM
Already it has made a revolution in the entire financial system. Now with its varied features its usage gets increased on more sectors. When it's considered as currency, the change can be felt. Hope, and will make the future generation use digital money more than fiat.
4983  Bitcoin / Bitcoin Discussion / Re: Difference between Bitcoin and real money? on: November 02, 2017, 11:27:10 AM
The first difference in bitcoin and real money is of physical existence,  bitcoin is virtually concept while real money has  existence.  Bitcoins is continously growing up and it's price are skyrocketting but real money is only a mode of currency,  although bitcoin in itself become a investment as it's prices keep on increasing. Bitcoin is trending,  everyone wants to buy bitcoin.  Bitcoins has been tax free and easy transaction method but cash leads to transaction fees,  taxes by the government.
In my view both are almost similar in most of the features. Varies at very few thing which makes bitcoin more potential compared to the real money. One thing is the decentralized functioning, second is the virtual presence, third is the earning possibilities, next is the bitcoin itself serving as investment,backed by technology while real money gets backed by the central authority.
4984  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum, Litecoin or Bitcoin on: November 02, 2017, 10:25:32 AM
No need to think much, one who laid the base will always be the leader until some misfortunes take place. Same is with bitcoin as well other digital currencies. Litecoin being on the similar platform of bitcoin gained popularity, but it doesn't had potential same as bitcoin. With ETH the growth has begun from the starting of the year.
4985  Alternate cryptocurrencies / Speculation (Altcoins) / Re: If you have now 500$ for invest? Where you invest? on: November 02, 2017, 09:18:11 AM
If i were to have $500 i would buy bitcoin quickly, i wont waste the $500 on some other coin out there.
In bitcoin you have a guarantee that your investment will profit but on some other coins i have doubts.

True. If someone bought it last week he already made clean profit by current price.
Ans seem like this is not over yet so best is to buy price will go up more then current one is at the moment.
Yes, it hasn't got over yet. More days to fall with the price moving forward and reach great highs. $500 seems small, but bitcoin stayed around the same price for a longer time period in the past. Now I could suggest to invest into ICO and then turn it to bitcoin through trading. Here too you need to be lucky to invest into the right project.
4986  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best crypto to buy now? on: November 01, 2017, 04:17:44 PM
It's good to invest into the blockchain for gamers Xenio  which is an unique platform as well has the chances to reach large investor base through the blockchain that's been developed for the same. This will surely gets pumped as things were taking place as planned and fulfilling the expectations from the developer end.
4987  Bitcoin / Bitcoin Discussion / Re: interest in bitcoin is increasing on: November 01, 2017, 02:51:31 PM
Yeah I agree, interest in bitcoin is increasing.
A lot of people are now interested in using this coin.
Unlike other forms of earning available through internet people find it a better way and the same makes people show more interest upon bitcoin. Here the increasing user rate is happening mostly through the word of mouth spreading where people describe the goodness they experienced making others to be a part of the network.
4988  Economy / Economics / Re: Loans too risky? on: November 01, 2017, 10:19:46 AM
lending to people who are trusted here, but ultimately someone will cheat and eat up all your profits ... will end up with the price of gouging innocent customers, or ending with when someone who looks legit decided to run away with your BTC. better hold your coins or just sell them.
Honestly if I were to lend money I would not expose a big amount of money here, trust is nothing without collateral and the fact that collateral offered online is not really that valuable, borrowers can still get away from their responsibility and we cannot go after them anymore.
I would suggest lending money when you really conduct an investigation and have interviewed the borrower physically.
For small scale lending its not that possible to interview the borrower physically. In my personal thinking, though the legitimate investment websites provide with less profit it's good to invest and get the profit, because finding an user, getting collateral and then lending for mere interests simply a hard task.
4989  Economy / Speculation / Re: Bitcoin All Time High Hit - 6300 on: November 01, 2017, 09:33:13 AM
Right now the price has crossed $6500, looking the price growth seems that $7000 is not a big deal. It can be reached anytime soon with the same level of price increase. The month November has begun with a good bench mark in price standing above $6500. The month seems to be one among the best for the bitcoin users.
4990  Economy / Speculation / Re: bitcoin can drop 2000$ before end of this year on: November 01, 2017, 06:45:12 AM
Those days of such a steep price fall won't take place anymore. Now the price grows in large scale as well in small range with good stability. This won't let the price go down until some very serious issues take place with the bitcoin network. Hope the price moves more than $7500 by the year end.
4991  Economy / Speculation / Re: Next 5 year for Bitcoin on: October 31, 2017, 04:50:59 PM
Any thing can happen in 5 years, who knows maybe 1 BTc will be equal to 100k dollars as some experts predicted.
I believe the main factor that will affect and determine BTC price in next years is the growth of bitcoin community. If there will be more users especially traders accepting Bitcoin payment then everything will be OK.
With bitcoin nothing is assured, because everything with cryptocurrency is completely unpredictable. When it comes to bitcoin the growth is promising as well it is a proven fact, which can be understood going through the growth chart. So, we can just speculate and the rest happens upon the way it gains support.
4992  Economy / Trading Discussion / Re: Do you see trading as fun and games? on: October 30, 2017, 09:30:58 PM
I am really having some fun in trading when my profits that comes from trading is much than what I have been invested and that is the fun I get when I earn those profit. But I am really serious about trading since I earn those investment in my hardwork and I don't think that it is just a game for other but fun will be appropriate in trading. Trading is a risky process and if you will be serious about it and really have some patience to earn that is I think the fun everybody could get in the world of trading.
I think the trading is the serious work to do it is not for the base of the fun. It needs a lot of the things and the proper concentration, time and the attention. You will be emotional and the useless work for the success in this, the process of the bitcoin is now very common and the people who want to become the successful person then you should focus on the bitcoin trading and not to take this for fun.
i think there are two types of traders in the field of trading. those who takes it as serious as any business and a small loss is very efficient for them. for those trading is not a fun at all because it is a matter of money. The people like them who are working hard through their lives for the sake of earning money need to be conscious and can’t take any risk such as being linear in the financial matters. Trading could be a fun for those who have other ways to earn their livelihoods in an easy way like me.
When i've trade some my bitcoin i feel happy because its make me earn more. I see bitcoin fun and game, fun because when you start earning you enjoy it, game because when you join in an investment you didnt know if you gonna win or lose.
It can be considered a fun or an excitement factor, and it is purely dependent on the users self involvement into market analysis and learning about the different way of profit making. When profiting becomes simple and get user the expected profit, it provides with more fun.
4993  Bitcoin / Bitcoin Discussion / Re: Why people are holding Bitcoin? on: October 30, 2017, 03:05:25 AM
Simple because they want earn profit, so that reason they hold bitcoin.
Every years bitcoin increase, so my suggest hold bitcoin minimum 2/3 year for more profit.
Yes, that's true. When we have the plans of making an earning through bitcoin, it needs to be given consideration as an long term investment. Very few people does it, rest get into bitcoin and use it on regular needs and regret for the mistake of spending unnecessarily. More you hold, more will be the profiting.
4994  Economy / Economics / Re: What will happen if we use a one currency only? on: October 30, 2017, 02:19:36 AM
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion. Cheesy
Since it's edited I'll give a little bit different answer. It will prevent crisis in some countries because some of them depends on local currency/USD price, theyvare usually importers so when USD rises, wages are lowered and prices are becoming higher. So one currency is better of course, it will fix problems but there are some big players who enjoy multi currencies because they usually plan manipulating of price and make a big profit, so it more likely won't happen.
Yeah, it is impossible to happened, it would not be easy like that, but if that will happened someday I guess, the idea of using one global currency will create equality for all nation. We will break racial discrimination through that but of course, it will bring a great impact to our global economy and many people might not easily accept it.
Just the countries which are in the growing level might show positive signal, but the grown countries will not support this move. The reason is that, such a move will surely affect people who have made a bigger earning residing in different countries. Just the same is not gonna make a change in the racial discrimination.
4995  Economy / Speculation / Re: Bitcoin to 7000 HOT OCTOBER on: October 30, 2017, 01:43:35 AM
We have two days til November.

Can bitcoin still reaches $7000?

We would need some high jumps in a matter of hours.

From the price point of yesterday we have got a large scale price jumping. If the same growth happens too, we can't reach $7000 by the month end as only two days were left. To my thinking October month end might take the price reach $6500, this seems to be a start for the same.
4996  Economy / Speculation / Re: Do you expect a crash soon ? Or you see bitcoin keep climbing ? on: October 29, 2017, 07:19:29 PM
Crash is possible after investors dumps their money on fork event.Prices will climb till 6000$ but later crazy movements will result in losses due to hitted stop loss orders. I hold my bitcoins till next year and long term holders always win at the end.

I disagree with this, After october 25th fork another Fork might happen on November so if the fork is successful then bitcoin holders will keep it until the next fork. and with the increasing user it may not affect its price.
No there is no chance that bitcoin will crash in coming time I believe that bitcoin will still remain on the top in market with high price and today price is very good than before so here is no chance of bitcoin to loss its value or crash because know how to survive in market and now its users are also going to support bitcoin which is a very good thing for bitcoin.
With assurance even Satoshi can't give statement that crash won't happen with bitcoin anymore. Crash has got different meanings within it, several people describe it in different form. Some define the price fall as a crash, some the deep falls and so on. On the crash happens and gets recovered in a small time period.
4997  Bitcoin / Bitcoin Discussion / Re: Is Satoshi Nakamoto Alive on: October 29, 2017, 06:12:15 PM
We don't have any clear evidence Satoshi is still alive. He banned himself from this forum and haven't express his voice for a very long period of time...
I think he himself might have understood the reality of being known to the world. Then the system might have not developed and started to function in the similar way. Importantly the innovation that he made is very young of less than tens years of existence. So, he'll be living a live and not dead.
4998  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRESALE] Xenio Blockchain | 🌟🌟🌟 Decentralized Gaming Platform 🌟🌟🌟 on: October 28, 2017, 04:51:24 PM
I would like to know, which will contribute to the major circulation of the token. Is the trading happening on listing to exchange websites or something unique has been planned. With bitcoin from a single purpose it got turned to be a multipurpose token and gained more circulation. Similarly does Xenio token has got some other purposes along with it.
4999  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Waves future on: October 28, 2017, 03:47:05 PM
Waves, a separate platform similar to the ethereum smart contract has got its own value that grew from the base. Now several tokens are getting generated based on the same platform adding more value to it. Also waves provide with the decreased transaction fee than other platforms.
5000  Economy / Speculation / Re: Bubble or Not? on: October 28, 2017, 03:28:16 PM
It might be a bubble if we see it from the point of view that is not backed by real value. People are putting too much money in something that is not real appart from the internet...

HOWEVER we can look at it from a different point of view. Money is just money because people agree that it represents value. Same with Bitcoin. Where does Bitcoin value come from? from more and more people trusting in it as money or as a thing that stores value. As more and more people enter Bitcoin, more and more people are agreeing in putting value in it, until it replaces a lot of the trust and value that fiat money has now.

If we see it that way, its value is not comming from nothing (as it happens with bubbles) it comes from replacing the value that people formerly put in fiat (i.e I once have 6000 $ and now I prefer to have 1 BTC)


Fiat doesn't have any value, that's why it's called fiat currency. The rest I agree with though.
That's unfair, if fiat doesn't have value then bitcoin as well other digital currencies doesn't have value. The reason is that till date bitcoin is valued in terms of fiat based on the locality or the country. It's described as single bitcoin equals certain number of USD. In this regard if USD doesn't have value how will bitcoin gets value.
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