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501  Economy / Economics / Re: How many Bitcoin do you have saved? on: October 15, 2017, 09:56:48 AM

I'm hoping that you saved up those pay check later on because the prices are actually went up all upto Pluto I believe. ;-)


For me I'm liquid investor and I don't really keep the money into bitcoin for longer than one month or so. I just earn and whatever interest I accumulate at the end of that month I will just grab it and convert to fiat. So practically I'm not saving up any coins. I'm thinking of getting ledger wallet for my future patience and holding. Lols. That would be good idea to get into saving up as it will be more easy for me to hold them.
502  Economy / Trading Discussion / Re: Patience and Holding on: October 15, 2017, 09:34:16 AM
That's true tag line. More precisely we can hold only if we have got the patience in us. Today's world has got very impatient and no one care about there loosing money. That's ain't gonna help much while trading and investing into crypto world. What it asks for is the patience as we can see how bitcoin prices are blooming around us and those who have invested long ago must be millionair once more! This cycle will keep going on again and again until there is remarkable prices of 100k per btc. Hope so we keep it stubborn investment until that point in the futur
503  Economy / Trading Discussion / Re: Machine Learning for cypto trading on: October 10, 2017, 03:10:26 AM


I come with some Machine Learning background. Does anyone use Machine Learning (ML) models to help in you trading activities?



I really respect your skills about the machine learning but to be honest it's not worth in the crypto currency trading. As you know bots are really specific alogirithms and they can't really predict the upcoming unwanted effect innsungke shot. There is big disadvantage such as crypto coin pumping which is done by humans obviously without any notice leading to disturbed market values which our bot might not be able to identify at right time and we may loose the bets. That's why many bots are useless now.
504  Economy / Service Discussion / Re: signature campaign on: October 10, 2017, 02:21:38 AM
1. Make an account on bitcointalk, already done.
2. Take a look around the community and start posting just for fun and in around 5 weeks you will receive a rank up to junior member, which means you may be able to join some campaigns.
3. Keep posting and ranking up until you reach senior member, and most campaigns will be available to you.

Happy posting.


Yup that's most easiest way to earn money and this would be the quickest tutorial for yourself. The most simple three steps for newbie is good way to start.

However you could start getting into campaigns as early as junior member but that's really hard. However you can start getting paid at the early stages of member rank and then you can start the journey towards seniority as discussed above.
505  Economy / Service Discussion / Re: Hashflare screwed us up. on: October 10, 2017, 02:04:25 AM
This is why people here keep yelling that don't trust any cloud mining sites and you will be burnt to frustration afterwards when you don't get the ROI. Now just look at this almighty cloud mining site, it used to be heroic before and used to lay everyone daily but now they can't hold the thing properly hence started reducing the contract terms and trying to push many people or what can I say big investors out of the business so that they will reduce the payout loads. That's what happens when we invest into cloud mining. A very good lesson for non listener.
506  Economy / Economics / Re: Are cryptocurrencies better than regular currency on: October 10, 2017, 01:46:14 AM
There are still many developments to be undertaken for bitcoin to compete the real world currency. Though bitcoin can profit us in multiple ways but it doesn't really mean that bitcoin is best currency of all. We can't use bitcoin in the real life application and we can't have it traded for goods and services which are offline and available in the stores, malls, theatres, coffee shops etc. When bitcoin will achieve this milestone of getting spent into offline world then we can say that crypto currencies are best of all. See, it's not all about earning money from money but it's sometimes the real use of it.
507  Economy / Speculation / Re: Bitcoin Back to 5000 Dollars ? on: October 10, 2017, 01:20:44 AM
Yes it will surely reach 5000 value per bitcoin and we all were waiting for this day to come. I'm pretty sure that due to ether hard fork announcement people are moving out all the altcoins into bitcoin form because they have no other ways to make the money safe.

This will also decrease the prices of altcoins and thus all new opportunities to buy alts at low prices for true investors. This cycle will go on forever and we can just earn big profits every other day from it.

That's added advantage of whole scenario and increased prices of bitcoin. :-)
508  Alternate cryptocurrencies / Altcoin Discussion / Re: Whats going on with ALTCOINS on: October 09, 2017, 07:34:03 PM
Bitcoin Gold fork

Yup that's what happening. As usual people are afraid of loosing the free money and hence they are trying to buy as much bitcoins as they could into their wallets. This will increase chances of getting free equivalent bitcoin gold in the coming days after the hard fork. They will also don't want to loose the altcoins for the fork purpose and hence trying to secure the money with altcoin. That also explains why the prices of bitcoin are increasing right now.
509  Economy / Trading Discussion / Re: Dividing your salary. on: October 09, 2017, 07:20:11 PM
You should divide really small portion of the salary tattooed you earn in real world. You should put big amounts only when there is good opportunity of buying the coins or bitcoin specifically.

You should recalculate the months take home salary minus your daily expenses x 30 days + savings for your future urgency. After the math whatever is left you can put it into bitcoin. If nothing's left then you are probably expensive person and need to look after your greedy needs. ;-)
510  Economy / Economics / Re: Would bitcoin help teach kids about saving? on: October 09, 2017, 06:20:30 PM
So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?


I hardly think that this will help you in anyway to help your cousins to understand benefits of saving money. It's completely different thing to be saved by us, the investors who knows that saving will grow the market value of our coin so that we can have more out of it. For kids I don't think that they have any more understanding of what us profit and what's loss. Why they should really know about it in such young age, they will learn the thing once they get upto proper age. Let's give them some freedom for now from the personal life maths ;-)
511  Economy / Speculation / Re: Is it too late to buy bitcoin? on: October 09, 2017, 06:00:32 PM
I don't think so that buying bitcoin is about the time. Just imagine since it started its journey a decade ago it is growing and growing forever. Buying bitcoin is all about getting the profits and even if you buy it today then you will get benefits tomorrow that's for sure. So if you just understood what I said then I think yeah it's right time to buy bitcoin for tomorrow's benefit really.
512  Economy / Trading Discussion / Re: How do you decide when it's time to sell? on: October 08, 2017, 09:27:06 AM

as for me. i will keep monitoring if the price gone higher then that's the time i will sell my coins but still depends on the situation. i'd rather keep my coins for emergency purposes in the future that way it is more valuable.



Indeed one should not hurry of selling the coins as long as they are scared of loosing the money and putting themselves through the emotional stress out. If you are good investor with vision to achieve more than enough money then for you there is no selling point unless you decide it. For example, my goal is to have my bitcoin sold at 10K USD then I will wait until the prices hike to that point or even closer to that one. Now for this to happen it will take time and for sure in between that timeline there are going to be bug dumps and pumps of which I should not be afraid of if I really want to achieve my set goals. That's how it works for long term investment. Who knows might get lucky next year only. Better hold.


513  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: October 08, 2017, 09:06:03 AM

Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?



Well, dollar is still popular and guess what it is being used since many decades and people aren't tired of it. The reason is simple here, you have an asset or thing which carries value which you can use to buy things, products, services etc. I believe at the time of bitcoin having stable price it could have still be used as asset for storing the fiat currency and also shop and buy stuff online. At that time impleneation of it in the merchant store could have been more easy as it carries the equal amount everywhere so there won't be problem of deciding how much to send or trade with merchants.


Furthermore, bitcoin could have increased its value more than sufficient as people wouldn't have gone crazy about selling their coins when the price dump occurs. ;-) Due to that fact people will keep buying and thus the prices will hike like anything. May be this kind of scenario could have happened earlier.

514  Economy / Economics / Re: Bitcoin world currency on: October 08, 2017, 08:45:16 AM

is it possible that we can use bitcoins in buying all commodities not only in one country but the entire wold? and how will this affect the economy.



According to me there are enough crypto currencies in the world to trade and pair against the bitcoin. They are filled with amazing as well as shitty coins too and I don't think we need more than that to cover our needs. Why would even go for trading crypto against the real commodities in the world ? This will increase the complexity of valuation as one relies on th real world market cap and the other one relies on the market cap which is produced by investing fiat into virtual internet. There is different aspect of both but they will not even workout even if out together. It's better to sip cup of tea over the crypto currency trades rather than 5 days limited market of real world.

515  Alternate cryptocurrencies / Altcoin Discussion / Re: For Successful ICO, These Things Must be Put in Place on: October 07, 2017, 04:10:40 PM
Indeed I agree on the mistakes that ICO make in long term. They will never get very close to their customers or shareholder that's what they call to the token holder. They will just follow the traditional path, coming onto forum making announcements, giving away all the whitepaper stuff and roadmap explanation and some signature campaigns so that they can generate the traffic. Yeah, they do invest into the project but what next? What's the pick up point after the ICO is ended? People just selling off their tokens and the price dump occurs. They don't see this potential threat because they have to payback the extra money from the ICO fund raising and they incur with unwanted losses later on and just drop the thing in middle of no where. The team gets spoiled as well with bad impression and they never reach the end of ICO roadmap. That's what happens for each of them


Really they should consider all the threats and happening in the future in early stages to overcome any bad situation and sustain in the market for very long time.
516  Economy / Trading Discussion / Re: Day trade or Hodling on: October 07, 2017, 03:49:15 PM

it is Depend on your believe and risk



for short time holding is better


for long time trad is better with some smart and experience



for longer time holding is better with high risky and high income




I don't agree with the holding thing you are saying here. It's always good to hold for longer terms because it increases your earning potential by many fold. This is because bitcoin price is increasing day by day and it will continue to rise like that forever. This is for sure true because investors will be more than enough in the future as compared to today's number.


The risk is there it's no with bitcoin but with altcoins if invest into them. With bitcoin the world is not getting away at least for next two to three decades. People are progressing more on Blockchain and with that they are developing the potential use of bitcoin and hence its existence will increase more.


Trading is actually short term and high risk. In that case you can loose money within single trade.


517  Economy / Economics / Re: bitcoin atm on: October 07, 2017, 03:30:38 PM

I do not see any sense in the existence of ATMs selling bitcoin. All operations with crypto currencies it's much easier to do on the Internet. Perhaps for this reason, these ATMs are not widespread.



No it's not like that actually. The widespread is less because it's not easy to implement the ATM for bitcoin and they come with big cost. In the highly advance areas for example California you will find many ATM Afro bitcoin because the volume consumed there is much more higher than any other part in the country. That's why I is affordable to put an ATM machine over there but not in the rest parts. Plus the ATM are are not as easy as our normal fiat type of ATM because of the functionality they have got. That should why so much difference in the world.


518  Bitcoin / Bitcoin Discussion / Re: Buying Drugs with Bitcoin ? on: October 07, 2017, 02:51:03 PM

In fact, buying drugs with bitcoin has occurred a lot, especially in the darkweb. well, that's because they use bitcoin in a bad way, and it's been used since bitcoin has a price. maybe it happened till now.



It is such bad thing to do really and I'm not sure if this should be legalised in anyway. I'm not fond of dark websites and will never be because they just devalue the currency which we are using for the use of buying products and services sold like that way.


Yes, there are many more sites which sell drugs really and I have read on the forum only. But it's better to keep the distance and let not bitcoin spoil in that way. But the thing is will people really stop doing that and will they allow bitcoin to save its ass from getting banned.


Just imagine if websites like dark web got big share of bitcoin and if someday they get caught then Feds could just get the bitcoins and cease them forever. There will be major drop in prices and it will halt the bitcoin growth.

519  Alternate cryptocurrencies / Altcoin Discussion / Re: india may launch its own cryptocurrency - "lakshmi" on: October 05, 2017, 05:50:25 AM
Looks like they are just pulling the strings to get the profits from crypto currencies. I don't understand why country like India wanna go for crypto currencies. They don't have that much infrastructure to handle all the mess that might arise from it. It's not just about that but also other major issues in India like farmers are not living the lifestyle they should live, they don't even get food for one time being a farmer because they just dint have much value in the market. They should solve such internal issues first then move towards digital stuff like crypto which is like futuristic to India, no offence by the way.

520  Economy / Trading Discussion / Re: For every seller there must be a buyer on: October 05, 2017, 05:30:46 AM

Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands.  So question is, who is buying this up?  Surely the smart money has held on till around the $3000 level before jumping in.  So who/why is anyone actually buying over the last few days?



That would be a buyer with dreams of getting rich, and this time it's for real. These are the actual smart investors who only come out of their hives when they see the drop in the prices for bitcoin or even the altcoins too. They are always thankful to such out of the way behaviour for bitcoin price. The weak hands which you see are nothing but the short investors who are just scrap and nothing else. They fear a lot because they think they are loosing he money. But there acts actually make them loose the whole money. So answer to your question takes us to those buyers who are smart investors and big fish too.
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