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501  Economy / Speculation / Re: Don't lose your faith in BTC. on: June 02, 2018, 11:04:51 PM
At this stage Bitcoin can grew up again till December Smiley

maybe yes, maybe not. we don't know when exactly bitcoin can grow up again because the bitcoin price can increase in anytime and only people which is ready that will gain the profit and for the other, they can only getting panic because they are not ready. so we need to have faith in bitcoin and always check the price so we know the sign when it will increase higher. although it is not increasing so high, at least, we can sell the bitcoin to make a profit and we can buy again when the price is down again.
This is true but we can speculate about what do we think it is going to happen by that time and I do not see many signs the market is going to recover that fast in fact there are many signs the price may remain at the same levels and in the worst case scenario the price may even go down by those dates, I'm not trying to be negative that is just the way I see things.
502  Economy / Economics / Re: Only a mature and regulated crypto market will attract big investors. on: June 02, 2018, 10:22:05 PM
https://cointelegraph.com/news/2018-mature-crypto-market-will-draw-more-investment-see-less-volatility-analyst-says

Obviously as an investor you understand there are risks but out of all the exchanges out there, i can think of 2-3 that I would personally trust with my money and in my case we are only talking about thousands, imagine a big player with millions using etherdelta or some other retarded exchange, no way that will ever happen. Even big exchanges like bittrex, not long ago, they fucked up and made everyone wait months and months to get your account enabled or verified. Why would any big player invest in crypto when the risk is so huge, there is literally zero safety, any exchange can run away with your money and you can barely do anything.
It is true that even now the market of cryptocurrencies is not run very professionally there is still needs to be a huge level of improvements especially when it comes to customer service and protection to the money of their customers, but I really think this is going to improve in the next years so I'm not really worried, I'm willing to accept these conditions and the greater risk in order to get big profits.
503  Alternate cryptocurrencies / Altcoin Discussion / Re: Did you think alt coins can merge to only one coin? on: June 02, 2018, 10:05:00 PM
All over the wold today they are discussion on blockchain technology. Can someone tell me if someday top economy or world power may consider bringing only one coin?
Not going to happen this is similar to the talks about having a single fiat currency and while it may sound good in theory it is a terrible idea, for example look at bitcoin and monero, monero is a coin that concentrates on privacy above anything else this makes scalability an issue but your anonymity is very good, bitcoin in the other hand does not offer anonymity but it scales better, so it is better to have two separate coins than to have a single one that is unable to perform any of those two things in a decent way.
504  Economy / Speculation / Re: Why is Bitcoin's daily price fluctuations getting smaller and smaller? on: June 02, 2018, 09:01:33 PM
Why is Bitcoin's daily price fluctuations getting smaller and smaller? How do you view the current price of Bitcoin and how we should handle the transaction in the later period?
There are only two possible explanations for this, one is that the market is becoming more stable, this is something we have been waiting but I doubt that is the right explanation, in my opinion there are more holders and less speculators with the price, which is why you see less movement but as soon as the price of bitcoin gives signals that the price might skyrocket then you will see speculators dominating the market again.
505  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it worth it to continue? on: June 01, 2018, 03:54:32 AM
I am at the point where confusion is at its boiling point. I had been very optimistic about the future or bounty campaign and crypto but almost all people who are way more ahead than me were saying that it is pointless and even them are not receiving or earning thus their efforts are not paid off. I am just worried that I will end up like them. I did all and everyday following the ways to promote and is following procedure. Is this really worth doing for? I am not forcing them to give us big time since they are not forcing us to either, I just wanted to really express myself because even my partner in life is not believing on what I am doing. Sad
No one can decide for you if it is worth it to keep trying to do bounty campaigns, there are many bounty campaigns appearing every day and some pay a good amount of tokens but it seems you are disillusioned, I do not know exactly why but if your only goal was to earn money from the forum then you probably do not have what it is need to be part of the community.
506  Economy / Economics / Re: War on cryptocurrency! on: June 01, 2018, 02:52:29 AM
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?

They can start a way but they will never win just like drugs that they can remove in their own country, cryptocurrency is helping the lives of different people so they will not be able to stop people because it was a good thing for everyone.
Thats true. the government can do anything to prohibit the use of bitcoins such as creating rules and laws for cryptocurreny. but you know that bitcoin transactions can be used undercover. although the government forbid bitcoin. it will not make bitccoin die. users still easily make anonymous transactions
Even if a government forbids something it is very difficult to catch people doing it, people can take a lot of measures to mask their bitcoin usage and unless it is forbidden all over the world they will always find a way to circumvent the laws, if governments cannot stop piracy over the internet they will not be able to stop cryptocurrencies at all.
507  Economy / Economics / Re: Bitcoin and retirement - how do you see your future? on: June 01, 2018, 02:39:57 AM
People have discussed about such planning many times. It has come to my attention that most of us are trying to create the wealth out of the bitcoin and then have it as retirement gift for life that we will be left with.  Wink

Off course investing into some coins which can be good hit for the future like BTC, ETH, EOS etc who can really really help us make the retirement just exciting. I am just keeping 10-20% of my earning into the crypto which I believe will be sufficient enough in the future.
If you are really investing 20% of your income in cryptocurrencies and you are doing it in good projects the truth is that I do not see why you could not achieve a very good retirement with your investments in fact if the price of bitcoin and other coins reach very high prices like some people are predicting, it could be possible for you to retire early.
508  Economy / Economics / Re: DO NOT SELL! JUST HODL - You've not loss any money if you haven't sold. on: June 01, 2018, 02:00:40 AM
Bitcoin dipped to 7500$ and i think now it is danger zone could go to 3000$-4000$ again.
Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$ Cheesy

What do you think? How low bitcoin can go?


Just hodl it
Many people are giving out comments about the continuous dump of bitcoin and it makes some of us sell our holdings due to the fear being produced by the criticism bitcoin is recieving like prediction that it is going to end soon. No one really knows but way back, people regretted selling their bitcoin after seeing it increase up to the moon and that may still happen again.
You need to have a stronger confidence on bitcoin, I know that it can be hard when so many negative comments about bitcoin are taking place but this is why if you want to convince yourself about the potential of bitcoin the best thing you can do is to read the whitepaper, all the comments of satoshi in the forum and all the improvements the developers have implemented, if you do that your confidence on bitcoin will go up.
509  Alternate cryptocurrencies / Speculation (Altcoins) / Re: bitcoin or ethereum ? on: June 01, 2018, 01:25:18 AM
Ethereum has significantly lower capitalization so I think that the growth of this crypto currency is more likely.
The market capitalization of a coin is not everything, ethereum is the most commonly used cryptocurrency to buy into icos and as we know that sector of the market is the one bringing the most attention and regulations, which means that the usage of ethereum needs to go down as it is more difficult to buy coins thanks to regulations like know your customer policies.
I do not want to discuss capitalization and anything else. What I'm thinking now is Bitcoin and Eherum both show good prospects in the digital currency financial system. With marketcap and high transaction volumes both of them earn very good trust from the public.

The current problem is that we can all make governments ease the rules they make, as far as possible there should be regulations regulating the circulation of crypto. That way, cryptocurrencies will be much appreciated because everything has become more certain thanks to the rule of law.
Regulations are not a real problem unless the regulations are very strict just look at Japan, they are regulating cryptocurrencies but they are doing it in a way that is friendly so investors win by getting legal certainty and the government wins by the taxes generated by the industry the problem is that many countries are adopting the stance that all of those that have crypto must be investigated.
510  Economy / Economics / Re: Wise thing to do with your savings. on: May 31, 2018, 04:05:57 AM
I still believe in the 20% strategy because that is what working for me right now. I think 20% from the real job salary must go in the savings no matter what happens. Then another 40% must be kept aside to spend on family needs and then whatever is left like 40% can be invested in the crypto currency.

Now same thing can be done with the crypto currency profits also. I mean save up the 40% from the crypto because off course whatever we earn from them is always huge and thus putting rest back into he crypto will be profitable.
That is not a bad strategy but in order to perform a strategy like that you need incredible discipline not only from you but from your family, you must understand that most families around the worldare living paycheck to paycheck and they do not even save 10% of their money but you want them to save 20% and that an additional 40% is used to invest in cryptocurrencies and that is not going to happen.
511  Economy / Economics / Re: Five common mistakes made by Bitcoin users on: May 31, 2018, 03:23:13 AM
You missed the most important:

#1 leave your money on an exchanger

Leave your money in the exchanger and then the exchanger goes bankrupt. What would you do if that happened?
I have read some cases like that back in the day and the truth is there is nothing you can do to recover your coins that is why it is important to stay in top of all the news regarding the coins in which you have invested and the exchanges in which you have some money, for example I use the electrum wallet and I updated my wallet as soon as a vulnerability was found some months ago.
512  Economy / Economics / Re: Blockchain future on: May 31, 2018, 02:55:06 AM
I guess blockchain in the future has a huge effect in our community. It'll make our lives and communication better.
Businessmen will profit more, means economy will grow. I hope all country will adopt this kind of industry.
The blockchain is not going to give you profits, if anything the only thing that the blockchain will be able to do is to make businesses running in a more efficient way, this will improve the chances of the owners of those businesses to keep being competitive but that does not necessarily means that the economy will grow since it is possible many jobs are lost in the process.
513  Economy / Speculation / Re: Will Bitcoin hit $1 million? on: May 31, 2018, 02:32:26 AM
Both John McAfee (creator of the antivirus program) and James Altucher (entrepreneur, hedge fund manager and author) have made a claim that BTC will hit $1 million by the end of 2020.

That means that the market cap will be about $20 trillion or so.  If BTC is 33% of the entire market, that means the cryptocurrencies market will be a whopping $60 trillion, or 1/3 of all the money in the world.

Too crazy to happen?  What do you guys think?

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@charteroakpublic
- a Telegram group with leaks from premium sources like Palm Beach confidential and more.
Do not rely on predictions like that they are just trying to bring attention to themselves by claiming those numbers and in the case of Mcafee claiming that he will eat his dick if that does not happen, look for more serious people when it comes to predictions and even better try to create your own predictions even if you fail that is the only way to improve your ability to predict the direction and the size of the movements of the market.
514  Economy / Speculation / Re: The whole market is experiencing slump in last few days. on: May 31, 2018, 02:11:21 AM
Yes, we all have seen some kind of drastic price fall from last few days. As a feature of financial instrument I think this is not so unnatural. And so I do believe it will be back shortly. Your opinion will be highly appreciated.
I do not see anything abnormal about the way the market is moving either, it is true that we are witnessing another decrease in the price but it is likely we recover the lost ground in a few weeks after all I'm not seeing any kind of big news that should cause the market to crash, so this is nothing more than the natural movements on the price of bitcoin.
515  Economy / Speculation / Re: Do you think should invest in BITCOIN now? on: May 31, 2018, 01:35:15 AM
I think it is never too late to invest in the future, as crypto IS the future Cheesy
It is always good to invest some of your income, maybe just 10%, and be patient. But it is best not to invest more than you can afford to lose guys.
Investing 10% in cryptocurrencies is completely reasonable, I have seen some people recommending percentages as low as 2% but unless you have a lot of capital that percentage is too low, also you may invest more than 10% but now your exposure to cryptocurrencies will be too high and unless you are a long term investor investing so much money is probably not a good option.
516  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which coin should I invest in? on: May 30, 2018, 03:36:49 AM
I am %100 sure everyone will come here to say their own coins and you will be confused. So you should choose coins on your own. Do your own research please, we forum members are not that trustable sources. By the way ethereum doesn't need any research, you can buy it blindly...
We all make mistakes, I know that I have gotten my predictions wrong and this is not really surprising the market moves in ways that no one can really predict and this makes this market especially difficult if you do not have any knowledge about why things are happening which is why it is recommended that you learn the most that you can before making any investment or you run the risk of losing your money very fast.
517  Economy / Economics / Re: New investor and prices on: May 30, 2018, 02:07:36 AM
If we have less new investors, so the prices tend to fluctuate less? How much dependent of new investors the prices are ?
Do not concern yourself with such questions we have no control about the number of investors in the market, so I think it is pointless to think about it, bitcoin is becoming more popular as time passes and this means that the number of investors over the long term is going up and not down so we will never know the answer to your question but if were to guess I think the market will fluctuate in the same way.
518  Alternate cryptocurrencies / Altcoin Discussion / Re: When will ICOs die? on: May 30, 2018, 01:48:04 AM
Recently learned that more and more ICOs are closing deals through private sales and merely airdropping the coins. Will ICOs die, when will it?
That is not going to happen, icos are appearing everywhere all the time, if anything I think that with such a high number amount of icos they run the risk of saturating the market and becoming unprofitable as the novelty wears off and people decide to invest only in coins that have been in the market for sometime, I know a few people which took that decision after the recent crash.
519  Economy / Speculation / Re: Current steady growth will result in $20K by end of August? on: May 30, 2018, 01:04:36 AM
Last 3 weeks growth has been slow, steady and strong amongst slight price fall now and then. Experts said the price would grow back by end of April and yes it happened. So will bitcoin price hit $20K by August 2018? I am sure yes if this current growth trend remains as it is.

What are your thoughts?

With all speculations going on both sides for bitcoin, both  parties have a good reasoning as to which bitcoin will go, whether it will go up, that's due to regulations, wider acceptance, a lot of innovations and whether it will go down, due to it being a volatile investment, that no one could predict what will happen, that the timd span is too short, all of them are valid arguments, but one thing is for sure, though the rise will be slower this time, bitcoin will hit a new ATH, let's just not rush in, thinking that after anfew months will be richer, investing in bitcoin is not an easy way to make money, try also investing in other coins, therr are a lot of altcoins out there that has a huge potential for growth, I am saying this because there is still the issue Mt. Gox, releasing bitcoins, thus decreasing the value.
The issue with Mt. Gox is huge they have a huge amount of coins and they are waiting until later to sell the coins, many think the main reason of why the price went down was because of them and I really think that most of the smart investors know that the price will go down once again when they begin to sell again so if anything we may see new lows by the end of the year.
520  Economy / Economics / Re: Bitcoin as savings, emergency needs possible? on: May 29, 2018, 03:34:44 AM
We're in a volatile market, prices can change at any time, and we can't use bitcoin as a tool to help us do something unexpected.

I prefer to deposit money in the bank to meet urgent needs. Bitcoin is a long-term investment.
If you are using your fiat saved in a bank as an emergency fund that is fine, since in an emergency you need fast access to your money but never save money in fiat for the long term, you will lose money if you do that, so if you have some money to save for the long term find another way to do that, obviously we prefer bitcoin or other cryptocurrencies but if you like gold, silver, stocks or other forms of investment that is fine as well.
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