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561  Economy / Service Discussion / Re: genisis mining = fraud? on: May 03, 2017, 03:15:54 PM
Cloud mining = scam. If you see in past also hashocean was giving investment back in 3 months while genesis mining thought of a better scam idea where they will pay less and roi will mostly be more than 1.5 years. Now the trick they used was to reduce your income so that you are being charged more fees and like that they will terminate your contract. If mining was actually profitable why would they sell it to you.
562  Economy / Economics / Re: Best way for steady income on: May 03, 2017, 03:25:12 AM
If you want a steady income go find some work that will give you salary. Expecting steady income without a risk in investment is too good to be true, every investment has it's risk. If this is too easy for everybody, everyone will be rich by now.
The best way to get steady is surely first to get a job and then save as much as possible. After that invest in bitcoins there is a slight risk but up to 40% return per year or just deposit in your bank and get 6% pa. Or the best way is buy bitcoin invest in gambling site so you get 20-40% return yearly from bitcoin and mostly 10% return from gambling site
563  Alternate cryptocurrencies / Altcoin Discussion / Re: A coin based on BTC and gold = possible? on: May 02, 2017, 08:08:35 PM

Hi,
first im a really big noob in technic around bitcoin and cryptocoins.
I just ask myself if its possible to create a coin based on a spezific amount of gold and Btc (no clear distribution yet, but 50/50 for example)?

How could this work technically?
I do not talk about store psysical gold - it should be do with gold on paper.

What can you say about this?
There is a coin that claims they are based on Gold and it's called DinarDirham I am not sure how it goes but that's how they advertise themselves and that's how they say what they are. They already have a thread here https://bitcointalk.org/index.php?topic=1709404.0 but it's not available yet for trading, it can be bought at an exchange site only. Not sure also when this DinarDirham will go full blast.
I don't think you should actually trust a coin who's name is currency of qatar (dinar) and dubai (dirham) and they have setup their office in hong kong and Kuala Lumpur. I just feel sad that nowadays people are creating coins with famous background and scamming people. I would recommend you to stay away from this coin
564  Economy / Speculation / Re: When do you think Bitcoin will reach $1500? on: May 02, 2017, 02:55:10 PM
It is unlikely. I think it should be back to around 800 some time this year.
800$ i don't think we will see a price like that without any sort of interference. Because the price of bitcoin fell from 1200$-900$ because of china. And current price is 1300$ so to reach 800$ the price has to fall by 500$ while china attack could only reduce the price by 300$. Plus we see many new investors so i don't think china can control bitcoin anymore
565  Economy / Economics / Re: panic selling on: May 02, 2017, 10:51:26 AM

Its normal especially to newbies in bitcoin and trading to panic when the price is going down. They tend to do that because they lack experience and enough knowledge about the nature of bitcoins and trading. But the longer they are in the business and their experience becomes wider then they will no longer panic and just do proper trading leaving strong emotion aside that impedes their judgment.
Well if you see most of the people who have invested are newbies itself. There are very less people who actually take the effort to
know more about the currency and how it works. Basically people see that bitcoin was 0.1$ some 7 years ago and now it is 900$ so
they invest in it. And when it reaches 1000$ and starts falling a bit they start selling.

If they only look at how the price has performed in last years, and take for granted that it will happen again, then they are just blindly buying (also known as gambling) themselves into Bitcoin. If you take into consideration that the price tanks heavily every now and then, then it's just a matter of time before these people get shaken out of the market with heavy losses as result. They either learn from it, or simply remove themselves entirely from investing in Bitcoin.
What makes you say that bitcoin is gonna disappoint it's investors. I agree there are ups and lows but if you see in long run it is profitable. The limited supply is one of the reason that makes me trust on the currency that it won't end up like gold. Even though most of the investor do blindly invest but I don't think they will ever regret about this in the future.

I nowhere stated that Bitcoin is going to disappoint investors. I was talking about how newbies get shaken out of the market as they completely ignore the recent market situation because they base their decisions on how the market has performed in the past. People (newbie or senior investor) if they blindly buy they need a lot of luck to leave with profits, or they (most likely) sell in panic due to their expectations not being met.
I don't think there is currently in the bitcoin community who actually sells his bitcoin as a loss because no matter what happens bitcoin price will surely increase in the future no matter what happens. Selling bitcoin at a loss is the worst decision a holder can ever do.

Such a decision can only be made by the person who does not believe in bitcoin. These are random people in the bitcoin community.
I think that before you sell, you need to carefully study the news and analyze the market
Actually i have noticed those people who are against bitcoin and keep on criticising it are the ones who have invested most of their savings in it. I just don't get it what will they actually get if they don't support bitcoin as more support = more price. And recent stats show that it is getting full support from the new community
566  Economy / Gambling discussion / Re: Lost over 12 btcs gambling on dice on: May 02, 2017, 08:09:17 AM
If you really lost so much money in deposit that is totally your fault. If you were losing in starting you should have stopped right there so you would have had atleast 10 btc left now. Remember gambling never really doubles your money. It's really rare when something like that happens.
567  Alternate cryptocurrencies / Speculation (Altcoins) / Re: whether one dogecoin could be $ 1? on: May 02, 2017, 06:48:03 AM
No never in it's whole circulating period. It same like saying 1 satoshi = 1$. Doge is mostly like a free coin it is really easy to get it for free and we can use it for gambling also. I have a feeling as ltc was recently pumped dogecoin can be the next pump. And also dogecoin doesn't even sound like a potential one i mean why would someone even purchase dogecoin when he is getting so many from free through faucet
568  Economy / Trading Discussion / Re: Do you trade shitcoins? on: May 01, 2017, 04:57:26 AM
Trading with shitcoins isn't worth it at all. It's prettt rare i actually trade with anyone of these shitcoins because normally i only see sell orders or if buy orders are there it is too less. The only thing i remember is once i had a got some coin called viscore who's value was 0.1 btc but no buyers were there.
569  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: May 01, 2017, 03:01:19 AM
Holding bitcoin a long time is a good way to make money, hold it 2 to 3years after that for sure you had already a big saving in your storage wallet. It will surely that bitcoin by that time  would be 3000$ to 5000$. Just be patience while waiting for the right time Wink

Wow, that is a nice prediction, let's see if it will really happen, would be very good! It's impossible to know with 100% sure something about Bitcoin, but if the last 2 years results could be applied for the next 2 years, we could see Bitcoin pricing about $2600-$3000 in 2019. I think $5000 is a bit exaggerated, a bit lower than that is very possible...
Actually if you see there is nothing impossible in bitcoin maybe we can see the price at 1$ tomorrow or even 2000$. I now feel bitcoin is just like life anything can happen next and that change can make lot of difference in our lives.
570  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] TOKENCARD on: April 30, 2017, 05:12:37 AM
Hi i really loved the idea and will surely support this ico. I just wanted to know do you require any sort of documentation after a specific amount is spent and are the funds being escrowed or is it a self escrowed ico?
571  Economy / Services / Re: TokenCard.io Signature Campaign on: April 28, 2017, 01:57:14 PM
Bitcointalk user : phr0stbyt3
Post Count : 486
Bitcoin address : 12dBvBxMXFruY1LEyXx1eo1hH53J3Zzm85
572  Bitcoin / Bitcoin Discussion / Re: Daily use of bitcoin? on: April 27, 2017, 07:14:12 AM
Now I use bitcoin for investment only. I have few coins, so I do not want to use them to buy pizza or coffee. I am hard working for them. I better leave them for the future.
You could use before to buy pizza , coffee etc with bitcoin but now the transaction speed is really slow and fees has also increased. So it is best to use bitcoin for investment purpose only.
573  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sikoba, a peer-to-peer IOU platform on: April 27, 2017, 05:39:42 AM
Really looking foward to your presale i hope you get all the success you need.
574  Bitcoin / Bitcoin Discussion / Re: Difference between Bitcoin and real money? on: April 26, 2017, 08:35:40 PM
Money is nothing more then something we have given value to and is small and easy to carry and use everywhere. You can trade money for anything you want since it has value. Bitcoin is the same since it also has value but usually Bitcoin is seem more as an asset like stocks. That's why the exchanges are basically digital stock markets.
Correct sir, in real money all people can able to used it even poor people they can while in bitcoin limited people can used it because not all people can afford gadgets to access bitcoin.
For now bitcoin is much better to invest than using real money because the value of bitcoin now is very high and it was continuous increasing, more investor now start to add some amount of money as bitcoin investment.
If you will look at the bigger picture, you will see that majority of the world's population are still poor and because of their status in life they will not be interested with the newest technology, their main purpose to live now is just to earn money to buy food at the very simple way that they know.
That's true, when one gets the basic requirement he/she focus towards the next level of growth. There are people who are struggling to find even a one time food. In such scenario technology aspects won't make them attracted to it, though it provides them some earning access.
That's sad but it is also true. There are more than 500 million people in world who are not aware of google itself so how can we expect them to adapt to digital payments or even be aware of bitcoin.
575  Economy / Speculation / Re: Sell or wait? on: April 26, 2017, 01:29:10 PM
If there is something you really want but you don't have the sufficient savings or funds then you should sell your bitcoin if you are in a profit. But if you recently purchased bitcoin or the thing you need is not so important like maybe a second car Tongue then keep it , it will surely increase in future.

I agree if you see that you are already in a profit or even if not, if you need money badly, it is the best time for you to sell.� At the end of the day it is what we need that is more important specially if the need is urgent.� But if you do not need money then I can say hold.� Bitcoin will increase in price and possibly break its ATH again.
I'm surely not going to sell my bitcoin at such a low price for sure. As far as i can predict i feel that i won't have any sort of emergency in this year. Even if there is i won't hesitate to sell it at a profit like this.
576  Bitcoin / Bitcoin Discussion / Re: Daily use of bitcoin? on: April 26, 2017, 04:42:23 AM
Now I use bitcoin for investment only. I have few coins, so I do not want to use them to buy pizza or coffee. I am hard working for them. I better leave them for the future.
You could use before to buy pizza , coffee etc with bitcoin but now the transaction speed is really slow and fees has also increased. So it is best to use bitcoin for investment purpose only. And also it was created for investment purpose only , so it's better we stick to the main idea rather than doing something else
577  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: April 25, 2017, 07:17:15 AM
Gambling is only wrong if the person that is gambling doesn't realize what is around him.
What do you mean by doesn't realise. First of all the idea of doubling your money by gambling is the worst idea. Second most of the people who gamble are never able to realize so in end gambling sucks. All you need to do is set a goal before gambling so that the loss amount isn't very high
578  Bitcoin / Bitcoin Discussion / Re: Daily use of bitcoin? on: April 25, 2017, 02:59:12 AM
I don"t thing using bitcoin for our daily use is easy. Because it is not legal in many countries. We can not buy things from small shops with bitcoin. In present situation if we want to use bitcoin we have to change it to dollar or any other currency.
Yes for now we can't usr bitcoin in our daily life but till now i haven't heard any country banning the coin. Even though china is exception but if you notice japan has adopted it so we will soon see more countries adopting it if not maybe impose a tax but not a ban
if they can't stop the trend for sure they will do some action like imposing taxes instead of banning the system, japan is a well known established country if they already have integrated their system more well established country will follow especially those who's dealing with them.
Imposing tax wouldn't help much as there are already more than 100 ways on how to avoid taxes for using bitcoins. The only thing that matters now is more countries should adopt bitcoin like how japan did. As this will help the bitcoin to grow more in terms of market cap and price
579  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digitalcurrency on: April 24, 2017, 09:50:45 PM
cloak 50cent aprox mark my words �Wink

More, cloak was once close to $2. Now the new dev team has implemented incredible and unique anon tech. I honestly believe cloak is better than dash and monero.
Yeah I agree the features it has it will really help but the problem is many people will only invest if their's some sort of potential but I really think in long run your price will I will invest 100$ and wait for an year let's hope for 30$ price tag in 2018.

Cloaks technology is much better then Dash & Monero...
So you can devise a realistic price for Cloak Wink
My instinct says a very huge price Cheesy
It is obvious that among the both cloak actually has the best features but that's not how it works. Just imagine how many do you think actually care about these features. In terms of huge price if it achieves my goal that would be a sufficient amount of profit. But for now i mostly see the price going down but no issues i have invested for a 2 year term period
580  Economy / Speculation / Re: Bitcoin Price Prediction 2017 on: April 24, 2017, 06:02:48 PM
Well the price prediction before this major dump would be 2500$ surely at the end of this year because the price was just going to reach $1300. But the current situation and stats tell that the price can be around 1700-1800$, but as more countries are starting to adopt it, the price is literally a surprise right now.

Mainstream adoption is not really that widespread so what is affecting the price of Bitcoin now is the same as before. Whale manipulation, law of supply and demand and speculation. Japan's acceptance of Bitcoin is good news but that also opens a door to limit it. I would prefer no regulation for Bitcoin and keep everything open.
There won't be any country in present nor in future that would open doors for bitcoin and not set any type of regulations on the use of it. Plus mainstream media is surely not going to many investors but it does give people an idea of it and when they will hear about any such coin they will think weather to invest or not.
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