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501  Bitcoin / Bitcoin Discussion / Re: Bitcoin sucks! on: June 27, 2017, 01:09:47 AM
Well first of all for me bitcoin is good opportunity for those who are patient enough to read and follow the price in the market. Bitcoin and even other altcoins can be off great help to everyon if they could manage it the right way. There are coins who are innovative and is really greatful for the community. Not everyone shares the same belief so you might have to change your minds in some ways.
502  Economy / Speculation / Re: BTC sudden price fall? on: June 27, 2017, 12:44:00 AM
Gold is down.



Silver is down, too.

I would guess those holding gold/silver/bitcoin sold off to produce more liquidity for themselves or its a form of price manipulation.

If the two italian banks in bankruptcy held gold/silver/btc and sold off their holdings to payoff their debts, that might make sense.

With all due respect, gold is down about 1% only whereas Bitcoin is down a whopping 4%. That is a massive, massive difference. If Gold dropped 4% in one day, the entire world would be talking about it. Anyways, we were in a massive bubble so it isn't surprising at all this happened.

And as i noticed most altcoins also are falling in there prices just this morning almost all are in negative rate. But i think this is just but normal albeit most altcoins too increase. But for me it is a good thing to have the chance to at least try buying coins for future price increase.
503  Bitcoin / Bitcoin Discussion / Re: Bitcoin is Based on People's Faith on: June 27, 2017, 12:20:30 AM
I was researching and reading a certain Whitepaper from a good token project and this statement really struck my thinking:

"With no government or “anchor” backing up cryptocurrencies, the only foundation that cryptocurrencies have is people’s faith in their value. In other words, solely the market mechanism determines the price of cryptocurrencies. At my time of writing, that faith is worth is over $2000 per Bitcoin and this doesn’t spur from the Bitcoin’s intrinsic value, but from what it allow users to do."

In this case, what will happen when that same trust from Bitcoin holders can be diminished or for heaven's sake be gone...would that be the end of Bitcoin?

This also  lead me to the question: is Bitcoin really a store of value or more of a medium where our trust is plastered on?
In really looking at Bitcoin today, it has really gone this far because of people who has put into it their interest, time, money and even focus to make it better, bigger and convenient to users, customers or crypto-currencies lovers, see.
The end of Bitcoin only depends on the Devs, because every Bitcoin user or possessor will not just through it all away cause his angry, but the Devs can cause they have the codes and all what it takes to stop it or not to.



Well devs wont to any of that if there were no community members to at least patronize and circulate it. Devs would just be there to maintain any clots or issues that is happening through the phase of btc. Because for how many it has been there it helped a lot of people in its own ways. So i guess it is good to say that we can trust btc. There may time that it may fall but it is still the pioneer of cryptocurrency.
504  Bitcoin / Bitcoin Discussion / Re: Is bitcoin is the new era of currency? on: June 26, 2017, 12:06:34 PM
Bitcoin right now is mostly used for online purchases, in my opinion, Bitcoin will grow a lot since it has been receiving a lot of media attention, especially after the Japan incident with it accepting bitcoin now. Probably in the future when bitcoin becomes more widespread Bitcoin will probably be used frequently especially for smaller purchases like buying online items
Bitcoin indeed is the new era of currency right now. And it is a good investment for pur future so we should earn now and worryless. Our world has been changing we should go with the flow of the changing technology now. And it will be easy for us to have money for the future. Bitcoins is the new era.

Many people still do not agree to believe that our world has changed. Some live as before and do not want to use new technologies. Only a small number of people accepted the Cryptocurrency. But there is a chance that in the future this amount will increase

Yap and i think some countries are now adopting btc. Not as a currency off course but as a means for economic by mining and accepting it on their own network marketings. Some even would want to make there own altcoins and that probably would be used as means of there currency. What i would want to see often would be that if someday there can be some fiat representative for bitcoin if that would be even possible.
505  Economy / Economics / Re: Bitcoin trading strategy on: June 26, 2017, 06:57:34 AM
I'm starting trading with bitcoins a couple of month already i buy low and sell high but really i wanna know if there are any strategies or equations to follow to know which time is perfect to buy or sell  or which is not and so on ......
If you are really doing only Bitcoin trading then I will suggest you to expand your job in the trading .
Start to altcoin trading also because with the altcoins trading you can make big profit .
Here I will share my techniques of the trading .
First of all see the price tracking movement of the coin for 6 months and then make sure that the price of the coins is at very low price since one month  , and then buy that coin instantly with the amount of the Bitcoin maximum 0.01btc and then put it at the sell at the double price.
Now you don't need to do anything and now wait for one to two months , you will see that your every investment in such type of the coins results into profit .
The stretagy I told you is working 100% for me , and I am using this trick at the yobit.net because the dead coins at this site are many and easy to find such coins at low price .

Oh well, might as just try this as well right.Because i too would think this makes sense but mind we all that not all strategies work everytime for the different people. Might be good for you but also bad for others. But do you mean since any other coins that was at least created 6 months ago any old projects and just base it on the 6 months progress?
506  Alternate cryptocurrencies / Speculation (Altcoins) / Re: If you only got to invest in one altcoin which one would you choose? on: June 26, 2017, 06:37:09 AM
Litecoin

Litecoin too for in a long term because i could see that it is still going high after some time it was created. I would still invest in them mainly for the reason for its purpose that i know that after sometime many would want to use it. These altcoin is the longest altcoin in the market and even if it has a low price increase i still hope it can have it peek in time together with the dogecoin.
507  Economy / Gambling discussion / Re: How to control greed on gambling? on: June 26, 2017, 06:09:06 AM
Enemies of gambling:
Greed, Fear and Hope

Gamblers have to control emotions to avoid losing control in difficult situations .You should have set withdrawal limit after every winning streak.Whenever you withdraw that amount from site  turn off pc and go away.
 

Good advice but it's not that easy as emotional control is one of the most difficult things for a person to master. I believe greed should be controlled even outside gambling before you even join to gamble and you must be mentally disciplined before you indulge in professional gambling else you're likely to be a victim.

Well for sometimes those are needed in some ways upon gambling. But overall off course gambling is bad but for me sometimes a little bit of greed is also a risk that we need to take in gambling if you dont risk you will not win and too much offcourse is bad. Fear of losing might be normal but it is also a risk but dont risk what you cant afford as they say. And hope can become false hope if you hold on on too much luck.
508  Economy / Economics / Re: Bitcoin prices rise high on: June 26, 2017, 05:20:11 AM
Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

Actually the main thing in the Bitcoin is not only simple , because when the prices get drop then many people get fear and starts selling their btc and opposite of this many of the good minded bitcoiners starts to buy the Bitcoin from the feard sellers  .
So a type of the counterbalance we can see in the both of the cases .
But the down in the price and also rise in the price is only due to the reason of the investment in other projects .
No doubt that people always looking to new coins for the investment and also according to this new new coins are coming in the market and also new new icos are coming to take investment of the people .
So I think there was small less available of the icos was in the last of the week ( in comparison of the second last where we found that a record break of investment ) .

Well to sum it up altcoins are affected with the price of btc well except others but i think people got over with that panic selling. Everyone knows that in every price increase there is a price decrease and in time there will also come a price increase. So i think there is nothing to fear when the prices would go low as long you know when is the right time to invest in btc or even other altcoins.
509  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be used by ordinary citizens? on: June 26, 2017, 04:45:43 AM
I'm ordinary citizen, girl.
I'm using Bitcoin with great relish Wink


If ordinary people can provide computer, cellphone and internet connection they can used bitcoin without any other requirements. Freedom to all people with great opportunity to make money online. That is ehy i am glad to have this bitcoin.

And thats whats good about bitcoin. It could provide opportunity for us in the averabe society. We just have to know and understand basics concepts of btc and how other people are influenced by btc. Because we really cant work it out if we just keep on asking and asking without doing our own research. Many bitcoiners has there lives change just investing and making trades in btc so lets just keep at that and continue to support btc if we know the mutual gains between traders and the creators of coins.
510  Economy / Economics / Re: If USD falls on: June 24, 2017, 06:35:43 AM
Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?
Well I think it will makes price of bitcoin increase if the USD falls because it will takes impact on price of bitcoin,
we could saw the falls of Rupee on India because it, price of bitcoin becomed $1000
we can imagine if the USD falls price of bitcoin will increase more than today, many people do save values of whealty in bitcoin.
I think if $ fall does not affect the bitcoin price.

Bitcoin will increase if the bitcoin enthusiasts increase and some altcoin prices fall

 yap and it will just be converted to other unit of currency. It is just that dollar is the most currecny that is traded around the world but when USD failsmost in the stock market and economically the prices would go imbalance therefor affecting other currencies then by that time it come to worst it could also affect btc so. Yea btc will be affected not instantly but in a way but not very heavy off course.
511  Economy / Gambling discussion / Re: How Many Casinos Are There in Your Country? on: June 24, 2017, 04:54:51 AM
How many casinos are there in your country, state or city? Any nearby ones that you frequent?
There is no casino in my country because I live in a country that prohibits gambling. So if I want to play gambling I have to go to the nearby country of the existing casino. This is very inconvenient because it will definitely require a bigger fee if I want to play gambling in the casino. Whereas once in the capital city of my country there was one big casino, but closed because of this regulation.

Not only in your country but many countries has banned gambling. Since online bitcoin gambling has grown so much and now people are not much worried go to real casinos to play. I have been to real casinos but didn't play anything and only gambled so far online only. I prefer to gamble privately from my PC then going to real casinos to gamble.

In our country there might be many but in our city. None that i have visited so far. We only have a small gambling place and it is legal and mostly run by people from other provinces. That place has a baccarat, dropball and some card games. It is small that the most lost in one night would probably just go to 30k. Because gamblers there are just small timers who just have a regular job but still want to try do double there profit by holding on to a sharp bladed knife.
512  Bitcoin / Bitcoin Discussion / Re: Offline Wallets Vs Online Wallets on: June 24, 2017, 04:20:52 AM
For big amount of bitcoins, you can use offline wallet but for small amount btc like trading or transaction, you can use online wallet that most of the people use.

Yap as that is the most common advice advice but also the most neglected. Although really both has some issues but oftenly each is design to store btc at your own risk. The biggest risk in offline is losing the private key but that can just be adjusted while online wallets has a lot of hacking instances but you can always choose you online wallet for smaller transactions. It just comes down to how users would take advantage of there own wallets and not the wallets taking advantage of them so take reading before storing.
513  Economy / Gambling discussion / Re: How to spot a gambler addicted? on: June 24, 2017, 03:17:57 AM
One of which is how long someone playing gambling. When he played so long he could be said to be an addict. Besides that an addict usually impose continue to play whatever his condition, when he does not have the money then he will continue to make every effort like borrow money to others and sell everything he has.

For me usually in a physical gambling those old time gamblers are usually sitted right next to the bankers. Often they are the center of attraction and they always make noise upon defeat of win. Others are just lowkeys but veterans when they tend to follow someone they just saw in that site or those supoerstisous when it comes to gambling any sign that they dont like they won't bet or they follow the streak winners.
514  Bitcoin / Bitcoin Discussion / Re: High school dropout who invested in bitcoin is now a millionaire at 18 on: June 24, 2017, 02:30:53 AM


Wow that is really something wish I have also knew bitcoin when it was only at a low price, He is a really lucky person made a huge amount of money because of bitcoin, But I think he still should study for his own interest even if it is not for his carreer.

Well it could be an eye opener for us all because maybe at that time he was just a student and if you really are business minded, it is still a good day to invest in btc or even some altcoins. Because chances are we can become one of those guys if we know where we are investing our money. What ever age we shall not be jealous of how much other people makes because that would just make us cringe. So lets take it as a challenge and earn in our own ways without flaws.
515  Economy / Marketplace / Re: question on money making guides on: June 22, 2017, 07:29:28 AM
You should give the reference of the guides you are talking about because there are multiple threads of it. There are many methods for money making here through bitcoin, many people here became rich through these methods but you should be aware and keep away from scammers.

I don't know what money making method your talking but
for me there's no such thing as that. If you want to be rich or successful just do your best and do what makes you think is best. Is it you who can make that thing. There are a lot of scammers nowadays, taking the opportunity to those who wants some easy money. So be careful, once they lure you to their so called business there's no turning back.

Most of guides anyway are just caution on what others had done base on there experience. Still the best to learn is through your own. You make your own judgement because it is better to fail on you own than blaming others on your own fault. Money might be a problem but it is always the attitude towards the money that matters the most.
516  Alternate cryptocurrencies / Altcoin Discussion / Re: Is blockchain too inefficient? on: June 22, 2017, 06:16:14 AM
So BTC is a failure because it can't be properly updated to modernize. Segwit will delay the inevitable, it's inability to scale. However, Ethereum having a weak blockchain really surprised me. Is this proof that blockchains spend tons of electricity to accomplish very little? Can a blockchain be made that can handle tens of thousands of transactions per second? The only way crypto can become the world's money is if it can scale.

Yes I guess somehow, Bitcoin has all the option but failed to correct some issues.

I think we are just not giving blockchain enough time for them to solve the issue. But from what i see, that is its upgrade already. Especially the transaction fee. Along with the increase of btc to dollar it is just but normal to increase the fee. For  me those are  not issue rather change that we the members must accept and that is also the risk blockchain is taking that may make its member acknowledge another chain.
517  Economy / Gambling discussion / Re: 2016/17 NBA Season on: June 22, 2017, 05:21:03 AM
A lot has happened in the NBA a few days before the draft and this is turning out to be more exciting and unpredictable than the recently concluded post season. Some big names have already changed addresses (Dwight Howard, Deangelo Russell, Brook Lopez) while the Celtics and Sixers traded draft picks. It's going to be more exciting as the hours leading to the draft winds down as more trades and transactions are about to unfold.

Lately most teams are trying to build there own super teams. BecAuse if we take a look at it most team has only on superstars and a lot of them wants to either male a good support on them or transfer them to better supporting members. Example is the trading of cp3 to spurs or pg13 to celtics. Some team just want to complete at least 3 stars in there starting lineup. So we better watch out this new season and draft.
518  Bitcoin / Bitcoin Discussion / Re: Bitcoin may not be number one for long on: June 22, 2017, 05:00:33 AM
We are not yet sure about that. Even the answer maybe yes, that only simply means that in the market industry everyone can be able to improve theirselves so also in the currency. You can say that bitcoin may not be number one for long because of the past dump and the low price of its currency. But still we can't assure that because currency is still changing continuously. Maybe in no time, bitcoin will reach its highest peak that will put it to number one but other currency can do it also. Anyone can be open for improement. Market price is not consistent

Such saying that the "only constant thing in life is change"  . We can't predict whether btc will not be number one since there are lot of alts out yet still none can compriamise the features of btc , though I eth might be next yet its value now is decreasing suddenly.

Well i do agree but it will be  remembered a foundation for cryptocurrencies. Even if it would reduce its status, the impact it made to other currencies is major contribution for the member of crypto currency. Time will come that there would be an altcoin that would surpass it and even that coin could be surpassed in time. So what matters the most is the impact it gives.
519  Economy / Economics / Re: How to double your money using BTC? on: June 22, 2017, 04:37:27 AM
In fact, few investment instruments seem as unpredictable and volatile as bitcoin. There is no guarantee that in six months the value of bitcoin will increase by 100% (at current price, it would have to be worth $5,500 in December). However, I do believe that in a longer term speculation with bitcoin can generate profits even greater than 100%, taking into account that a conservative goal in the bitcoin price would be at least $10,000 in a couple of years.
Many people are predicting that the future of bitcoin or the next few years bitcoin prices may be very high even more 2 times more. If you want to double your money of course you can choose long-term investment in bitcoin



Well there A lot of strategies and i think investing can double your money. Just have to wait 2 months or so in any altcoin that you already had speculated. Then probably you can profit as long as it has a good price increase. Because just holding your btc is mot enough for a good profit. Having two investments as long as its sure is just better.
520  Bitcoin / Bitcoin Discussion / Re: How do you keep your bitcoins? on: June 21, 2017, 10:21:28 AM
You can keep it in your online wallet or offline wallet because it is a safe way to store your value.  Keeping it at the online wallet is a best investment to do and you csn generate good profit and wait for a longer time as you hold it for future price increasing.


Well honestly that would depend on which wallet or even site you would want to trust your funds. If you really are a keen observer you should know where you are comfortable with your money and read articles about the site or your online wallet. Because i store my bitcoin on a site where i can directly convert my money to my countries currency but we all have different preference so better try not putting all in one place.
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