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5321  Economy / Trading Discussion / Re: Beginner: Where to move forward on: July 01, 2017, 10:57:14 AM
Even $20 is good enough to make a profit. These days there are lots of altcoins that are selling for very small value. You could invest on them. As you stated that waiting with patience is not an big issue. So surely you can profit big in the future. If things didn't work as expected too, it's not gonna affect you big as the investment is very small.
5322  Economy / Gambling discussion / Re: Why trading is better than gambling? on: July 01, 2017, 10:46:01 AM
I prefer to trade than playing gambling. Because gambling is a matter that affects fortune so that we can not be sure to make a profit. While trading is a more certain thing, so the risk of losing money that we have not too big.
Agreed, gambling and trading are the best profiting source available with the cryptocurrency network. With gambling, as mentioned fortune need to happen, else the outcome will be a loss. But we cannot say that fortune won't happen everytime. With trading the best is the minimizing of loss. If you've a good backing of fiat even if the coin value decrease you can just hold and wait with patience for the right time to profit.
5323  Economy / Speculation / Re: No need to panic guys! Here's why... on: July 01, 2017, 10:31:07 AM
I think that even if bitcoin price falls down to 1500 dollars for a possible hard fork , soon after it will be back at even better levels than 3000 dollars. I think during this year or in the end of this year we can achieve 5000 dollars for a bitcoin and that is a good all times high for bitcoin within this year. I don't panic whatever happens to bitcoin as I am confident that it will get back to higher levels in the long term.
Correct, there's nothing to worry about with bitcoin prices and no need to panic if bitcoin prices falls down because bitcoin is a decentralized currency that can go up and down at any time.

Fluctuations will always possible to happen all the time eversince  we are at lower bitcoin price at 1 btc ranging 900 to 1000 usd that time, and in fact speculations were there already last year 2016. So there is no reason for you to be afraid of price fall down and it's not your first time to encounter that low price l; we've been there already. You have to overcome panic decisions and have a strong foundation to stand in order maintain that principle of being a fearless btc holder.
I was never afraid and panicked when bitcoin was crashing, I ever had experienced the lowest price on bitcoin, if I panicked and feared the bad future of bitcoin, maybe I had long left bitcoin. But until now I'm still here and I believe bitcoin has a bright future. Because I use bitcoin not solely only for got profit, I rely on bitcoin as well for my daily needs.

This is what everyone is waiting for a sudden drop of the value because of the chance that they can buy bitcoin in low price because for sure after a sudden drop price it will rise again..
That's a perspective of few people who really believe in bitcoin as well they have a good backing of fiat to invest into bitcoin anytime. These people only make use of the opportunity and try to buy and profit. The intermediate holding of few coins get panic and tend to sell, because they need profit. They don't make the chance of holding on experiencing sudden drops.
5324  Economy / Economics / Re: In event of your death on: July 01, 2017, 10:22:28 AM
It's really awkward you could have even a slight thought in your head about dying... But just in case you could get your best man or mate to hold on to your assets for you

Its essential to even think on this line because nobody has seen tomorrow. SO you need to plan out things in such a manner that other should be aware about your investment done in any form in financial markets or others and can take it forward from their in case of uncertainty .

Agreed, life is uncertain. None know what happens the next minute, so as the above mate mentioned we need to be active and has plans to profit from our family when something happens. Nothing similar to bank nominee service is found, but we need to teach them and make them use of our hard investment rather than letting it go unused.
5325  Bitcoin / Bitcoin Discussion / Re: Can cryptocurrency make real money disappear? on: July 01, 2017, 10:12:37 AM
I don't think that crypto currency will make fiat disappear, at least nowadays because most people and governments still using fiat as main currencies. But in the future everything is possible.
Yes, bitcoin is not here to disappear fiat. Bitcoin is created as online currency, which can be use for online shopping anywhere, without changing it to any other currency, but in fact the new generation it giving more preference to online shopping and business and therefore they are giving more preference to online currency and I think if the trend will continue it will certainly reduce the use of fiat currency but I do not think that we can quit the use of fiat at all.
Right now this is just a starting. Based on the upcoming generation usage of digital currency we can predict the results of using bitcoin and other digital currencies will make the real currency get disappear. Real currency is a functional part which was used by majority of people across every country. Possibly even if digital currencies gain popularity, this might cause a decrease in usage of real currency won't make real currency get disappear.
5326  Economy / Trading Discussion / Re: Margin trading. Where to start? on: June 30, 2017, 06:42:34 PM
According to the comments there are not so many supporters of margin trading… Why’s that? Huh Because of risks only? But I guess everything related to cryptocurrency involves risk.

Not only because of risks. It also requires skills and expertise. And if you are a complete newcomer you obviously lack them.
Have more type in trading and Margin Trading is a type for day trader have good experience and skills in trading. With day trader, they always check chart and have more time for work, because if they have a misstake, they will take a big loss! Exchanger and Holder are type useful and friendly with newbie
In my view margin trading is not that easy. It has got more risk than normal trading. Even a small mistake will lead to a big loss. Have never been into margin trading, have come across poloniex providing the service. With margin trading the only benefit is that even with small capital we can try to make larger Volume trading. Experienced traders seems successful with margin trading.
5327  Economy / Gambling discussion / Re: Cricket match prediction discussions on: June 30, 2017, 06:30:09 PM
India is going to lose this match with WI. Only 165 from 41 overs inspite of having wickets in hand. They have just 7-8 overs left to score runs and any target below 220-230 would make them lose the match. With Dhoni on the crease, hope the score goes even beyond 220 but they need to cross 200 in the next 2-3 overs. Their strike rate is extremely low.
Don't underestimate india they just ended up setting a target of 251 in 50 overs. The target seems still less but if india bowls properly they can win the 3rd odi. Speaking of cricket in 2 days there is going to be another india vs pakistan after 2 days. Even though it won't have much hype as it is the womens icc cup but in future i just hope people start recognising women sports also.
India vs pakistan @india odds 1.14 stake 20$ return 23$

Caribbean players are out of form and Indian bowlers will take this as an advantage. 251 is a competitive score for the bowlers to defend it and am sure Indian players will not loose this without a fight. Interesting match..!!
Though a strong fight for the winning happens with both the team players, West Indies has got the increased chance of winning. They were good in chasing and this too their home ground, which gives them the additional support to play good cricket. India struggled hard to make this score. Lets wait and see what's happening.
5328  Economy / Speculation / Re: What is the right number of BTC to own in order to become rich in 10 years?? on: June 30, 2017, 06:08:12 PM
Make 2030 to be the deadline, so that you can be rich even with very few number of bitcoin. Probably 5-10 btc will make you rich providing all that you expecting to have in your life. Because by that time with assurance the price will be big as we'll be crossing three halving which causes the mining decrease and a increase in value because of the continued mass adoption all around the globe.
5329  Other / Off-topic / Re: Young people should go all in on bitcoin on: June 30, 2017, 05:54:13 PM
If you see good opportunity go all in maybe the price rise up in the future
I wouldn't recommend anyone doing that because there is a small chance that their investment will fail on them. If people spent about 80% of their investment budget on Bitcoin then they should be pretty happy because they have that 20% if something went wrong with the trade or the investment went bad.

Yes that it should be.  Never put all your eggs in one basket.  We never know what will going to happen.  At first it could be convincing that all is fine and that your investment will make money.  But, due to some unprecedented things will happen so your money will vanish just like that.  So it is better if you will divide those to different investment and still you should be open minded.
Not only with bitcoin, with every form of investment the diversification will help us overcome losses. When the entire investment is done on one particular asset, if something worse happens we cannot make profit out of it. But the same when diversified, though we cannot make profit we can avoid loss with investment on other assets.
5330  Bitcoin / Bitcoin Discussion / Re: Satoshi nakamoto or Anonymous(Hacking group) on: June 30, 2017, 05:24:39 PM
How hard you dig you're not gonna get any proof, but have the same focus to learn much about bitcoin and the related digital currencies. You'll be gaining good knowledge and if you want to know about Satoshi then go through the post history of him in the forum. It shows what all efforts made to make the technology a successful.
5331  Economy / Exchanges / Re: Poloniex Or Bittrex? on: June 29, 2017, 12:43:08 PM
Most of the time bittrex is preferred than poloniex. This is just because of the interface which seldom responds and also it has got the majority of the new ICO tokens listed to the trading platform. In my view having account in different exchnages is a good idea to predict the market in a better way.
5332  Economy / Economics / Re: If bitcoin price is $10.000, will fiat be worthless? on: June 29, 2017, 12:21:05 PM
Of course I do not agree with that because fiat currency will forever remain valuable though not as big as the bitcoin price mentioned, most people who do not know of their bitcoin are more comfortable using fiat currency.
What makes bitcoin valuable is its value when converted into fiat, therefore even if bitcoin will be popular and will increase its demand we are still gonna see fiat in the circulation. Maybe some people does not really understand what bitcoin is, to reiterate, it is just a payment system or a tool that will not have any value when not used by people.

He first question is will btc be able to go that high in fiat price? Probably yes, probably no. It can even go beyond 10k in time. Though whatever the price of btc may become, i'm pretty sure it's not going to affect fiat at all. It can be the otherway around but btc will have minimal effect on a stable currency like fiat
From various experts price prediction for the future it's assured that the price of bitcoin will go much higher than $10000, and the same doesn't gonna make any impact on the fiat. If more people get into bitcoin the popularity will increase along with the price and the direct acceptance of bitcoin for all our need increases. This might cause a decrease in usage of fiat nothing much happens.
5333  Economy / Speculation / Re: Are we going to 5,000 $/btc ? on: June 29, 2017, 11:59:57 AM
Segwit pump could lead the price to $5000. The hype will be real within one month.

I hope so it'll be in one month but I'm still having doubts on that time frame. Seems like it could lead to the price of $5000 probably by end of this year, but we'll never know it could be after August 1 too.
I think august 1 is given a big expectation. Finally this will go opposite to that people were predicting. Price might go higher and cross the $3000 before the august. Rest is purely unpredictable, because the same price pumping towards $3000 might took the price above $5000. Other than that I believe the year end price increase might provide a chance.
5334  Economy / Gambling discussion / Re: Is betting a good choice for a newbie? on: June 29, 2017, 11:05:16 AM
I would say Gambling is an off-limit for newbies because of its addictive factor. A study on Gamblin addiction recently concluded that this type of addiction is worse than drug-addiction.
Well gambling is not wrong to be played, the people who has got addiction in gambling, they must can be control their emotions in gambling, they must have limit in play gambling, the problem on gambling depend on the Players its self, gambling be made for good purpose and we can not blamed gambling games because of the addiction in gambling.
There is no limitation in the usage of gambling websites that newbies should not use it. Most of the time newbies make a good winning, which is just because of luck. From this few newbies learn about the nature of gambling and play safe, others just spend the winning in a short and later tries hard to retain those winning. This cause addiction, so whether newbie or experienced addiction should not be there as well need to know about the different factors involved in gambling and need to participate.
5335  Bitcoin / Bitcoin Discussion / Re: Is bitcoin transaction fees fair? on: June 29, 2017, 09:52:19 AM
The fees aren't fair for the senders considering how high it is and keeping on rising BUT it is how it works, we are the ones determining the fees by how high we are willing to pay to get included quickly - Since bitcoin has no set fees -.
We can't do about it because whether we like to set a low fees it will not work because our transaction will just get stuck but we need to understand that the high fees is made by the continuous demand of the people in the market and also in the network because people now are just transacting even more often that makes the network crowded so it creates traffics and increased in the fees to solve it.

Actually its still works even you set a low fees but you will takes mores time to wait, at least not below than 0.0001 or you will wait more to get confirmed. For low amount transaction, the fee is quite small, but if you do some big transaction, the fee also become big. I don't know the calculation though.
Based on our confirmation requirement we can make changes to the transaction fee. With some wallet this is not available which makes us the fool with the increased transaction fee. This doesn't affect the large volume transactions, but with small transactions paying an eight to ten dollar fee for transaction of 150$ is simply unfair. Expect this will get change by the upcoming years.
5336  Economy / Speculation / Re: Bitcoins rise after the bubble on: June 28, 2017, 04:30:33 PM
****10****


http://www.zerohedge.com/news/2017-05-27/bitcoin-crashes-1-week-lows-difference-between-fear-and-concern

We have witnessed the huge bitcoin crash as its value dropped 900$ in just a short span of time and many have panicked. Altcoin holders have also sold their coins and the market becomes bloody since red colors signaling the drop of value of almost all altcoins.


http://www.businessinsider.com/bitcoin-price-taking-off-after-one-of-chinas-biggest-exchanges-resumes-withdrawals-2017-6

But starting June 2017 we have seen the steady rise of bitcoins value. The value was recovering and it was possibly due to the Chinas big exchanges. According to the article I qouted the biggest exchanges in China was already allowed to process withdrawals and that has caused bitcoin to rise again.

Isn't it an irony since the bubble before was cause by Chinese exchanges but today the bitcoins crash was saved by the Chinese exchanges also.

Panic selling is the worst thing that you can do with your bitcoin investment.

This is really a newbie mistake. If you are even just a tad experienced with bitcoin you'll know that when everyone else is dumping, you buy. But don't buy in all your coins at once, buy it in sections. For example, set yourself a target of buying 1 BTC a day no matter what the price is for 10 days when the price is crashing.

I wouldn't be surprised though that if there were more to come. I'd say that btc will settle at around $2200 eventually after all the adjustments. I just don't think that we will see a sub-$2000 bitcoin price for a long while, possibly in 1-2 years.
Panic selling is not all a newbie mistake. Most of the users here are holders of small Volume of bitcoin. So when the price moves unexpected suddenly users get the fear of missing out the ATH. This will surely make the users go for a selling. This will be used by the large scale investors to profit big.
5337  Economy / Gambling discussion / Re: Does experience matter in gambling? on: June 28, 2017, 04:12:00 PM
I played dice games and roulette without experienceand i fill that there is no need of expereince in dice games and roulette. But on second side experience is required for both gambling and in roulette and dice games. experienced players have skills and knowledge how to play and gain more profit.

i think in every gambling games, we need experience no matter we are loss or win because with experience, we know what we should do and  i think its really help us to decide the next step. with having experience, this will make our skills increase too so we have a chances to win the games even if only small amount for win.
That's cent percent right, because whether you win or loss doesn't matter gambling is always fun filled with a higher risk in it. The experience or the learning we get from each event help us make better decisions while participating into gambling events. Particularly it increases the winning rather than getting us completely relying on luck for winning.
5338  Economy / Economics / Re: Is bitcoin a good way to invest your money ? on: June 28, 2017, 03:59:14 PM
I heard that bitcoin is a good investment for making a huge profit in the future , is that right ? Because i want to buy some bitcoin in these days .
Definitely,bitcoin is a good investment.We could normally see that most of gold inv estors would not like to invest in other assets since they feel that gold is a much secure investment and they could cash out any time by selling it.But some of the gold investors too have started investing in bitcoins terming it a digital gold.It clearly shows the potential of bitcoin.
Yeah, these days compared to the growth happening with bitcoin one cannot make good profiting through gold, shares, property or something else. So gold investors and others getting into bitcoin investment is no surprise. Every user needs security and good return on their investment. This is highly available with bitcoin.
5339  Bitcoin / Bitcoin Discussion / Re: Why should people use Bitcoin? on: June 28, 2017, 03:43:21 PM
There is no compulsion that one need to use bitcoin, but as everything is getting digital being digital will help us grow with it. If we start now what we get is something big compared to that we get feom the same after years. With bitcoin, it's first come first served. So the early adopters have benefited and the one getting into it right now will be benefitted in a short as well they support growth of bitcoin.
5340  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a source of income? on: June 28, 2017, 01:40:14 PM

The two best ways for me right now are ICO bounty campaigns and SteemIt. You can keep the crypto or exchange them for Bitcoin.
That's awesome, ICO bounty campaigns were a good way to make a better earning. In terms of other assets which is convertible, but with signature campaign you get paid in terms of bitcoin which is the only difference. In my view however you make money through bitcoin never let your day job down and go behind bitcoin. Plan in a better way and spend time earning bitcoins.
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