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561  Economy / Economics / Re: panic selling on: October 27, 2017, 10:56:36 AM
At this time, i don't see any panic selling that is happening, hopefully it will not happen. Most of the people who does panic selling arr those who are new to investments and have waek hands, they tend to fear something that they do no know, simply because they do not do yheir own research, though there has been a dump after the fork, it is only a small percrnage if you look at it, it is just normal that after every fork, there will be a correction, since the fork has just been hyped, there is also no negative news that could affect.the value of bitcoin like the magnitude of china had done before. I think most investors today had already learned their lesson from august, and not to do panic selling.
562  Economy / Speculation / Re: Big News From China on: October 27, 2017, 03:18:32 AM
this is good news, i think the exchanges from china had finally made an agreement with their government, i think one by one, the exchanges will open up, and again will come back in the crypto market,  there is still a chance that only one exchange will be permitted by the chinese government or there will be a limit in the exchanges, but with this news, bitcoin is back in china again, and hopefully there will be no more scare in china, since they were the reason the price had dropped a few weeks ago. let's also not forget that the world is watching china's every movement,not just by their military but with their investments as well, i have read an article that china wanted to their fiat as petrocurrency,i think when it comes to bitcoin, since they cannot copy it, they might make a cryptocoin of their own as well, just like what japan did, and i think their cryptocoin, may have a chance against bitcoin, considering their bitcoin users,  but over all, this is good news, and hopefully, china will promote their exchanges as well, thus promoting bitcoin, and soon other countries who still doubt bitcoin, might change their mind, since china is always changing its mind.
563  Economy / Economics / Re: Bitcoin will control the world economy!!!!! is it true? on: October 26, 2017, 10:35:34 PM
that is a very optimistic thing to think for bitcoins, however, we should also consider that bitcoin is not that stable, bitcoin has a very high volatility, I would also love to see bitcoin beginning to control the world economy, but still, there are some factors that we need to check, bitcoin is unlike fiat, it cannot be printed, bitcoins that are lost in transaction, are already gone, there is depletion from the total number of bitcoins, and bitcoin is only limited, that is what is giving bitcoin its value, due to it being limited, there is a nice supply and demand to make the value of bitcoin go high. I am also optimistic with bitcoin, but given the factors, bitcoin might not control the world economy, but bitcoin will be looked up to, and again it will be like gold, since bitcoin considered gold 2.0, bitcoin maybe the vase or standard when it comes to payment in the future, however things might get complicated, if bitcoin will be the standard, fiat will become obsolete, and we'll have no basis on the value of bitcoin, hopefully things will run well for bitcoin
564  Economy / Speculation / Re: Gold Versus Bitcoin? on: October 26, 2017, 12:03:11 PM
I think we can compare the two how they started, at first only a few group of people are using them, then  there came a time when others are ignoring their value, since it is something new, then the acceptance that both can be used as currency and will become an asset later in the future. I think you failed to recognize that Bitcoin is called gold 2.0 for a reason, that is, it will be valued more than gold, will be used as currency as gold, and will over time become a fortune like gold, I think there are a lot of similarities between gold and Bitcoin, the only difference that I am seeing is the timeline, if gold is being used today like Bitcoin, they can be contemporary, however gold's time is already done and has been replaced by Fiat, while this time, Bitcoin is digital gold, and we live in a digital era,  it only means having Bitcoin is like having gold as well.
565  Bitcoin / Bitcoin Discussion / Re: Should I Invest On Bitcoin Before Upcoming Hard Fork? on: October 26, 2017, 10:25:23 AM
Yes, invest on bitcoin before the upcoming hard fork or even after it, the answer to your question will depend on you, whether you are ready or not, bitcoin will not wait for you, just make sure that you are equip with knowledge on investing and understanding of bitcoin. Is it the right to buy now? If you want to become an investor, you should take risk, and to lessen those risk, you need knowledge, from what i see, you are trying to play safe, but without your own knowledge and speculation, it will go out like this, if he market gets high, you will thank yourself, if the market falls down, you blame others since the advised to you was to invest before the fork, though it is a good time to invest right now, study first on how and when will you enter for you to gain more profits, since bitcoin's value will just go up, and you need to enter at a spot you think will benefit you.
566  Economy / Speculation / Re: What do you think ? Bitcoin is going to hit big value soon like 7000$ and more ? on: October 25, 2017, 10:14:08 PM
as of now, we are going to see another dip in the price of bitcoin, this is due to the fact that most are doing profit taking, since they already have their bitcoin gold, the price of bitcoin might go down around 5000- 5050 usd, however it may not go down as low as the last dip, since there will be a correction prior to November's fork. we might see that bitcoin will struggle again breaching the 6000 usd mark, since there has been a bull trap, with all the hype given to bitcoin gold. there is no doubt that bitcoin will hit 7000 usd and more however not as of the moment, since we are now done with bticoin gold and it didn't breached 7000 usd, there are a lot factors that contributed to the low value of bitcoin, one of them is china, being out of the game and a lot of profit takers, which is more than expected. I think there will be a gradual increase on the price f bitcoin and we might see bitcoin breaching 7000 usd in the first quarter of 2018.
567  Bitcoin / Bitcoin Discussion / Re: do you know people that afraid from bitcoin and virtual currencies? share it on: October 25, 2017, 09:15:20 PM
yes, there are people who are still afraid of bitcoin and other cryptocurrencies, simply because they fail to understand what is bitcoin. there are even some long time investors, whom keep on saying to me that bitcoin is a scam, whenever I show them the chart, it seems that they cannot believe what hey are seeing, and just wanted the old ways of investing in the stock market. I think what those who fear bitcoin needs is just education on things about investments and what is block chain technology. one thing I also suspect why people are afraid of bitcoin is that they fear the risk of having bitcoins, since it is something new, they need to get use to it, aside from that the high volatility of bitcoin, they might get scared whenever there are FUDs and just withdraw. hopefully with all the things going around, from those countries that already accepted bitcoin, things will change from their perspective.
568  Economy / Speculation / Re: Looks like $6000 is just another pump and dump on: October 25, 2017, 11:16:16 AM
It seems to be a pumped and dump, this is probably due to bitcoin gold being hyped, a lot of people wanted to have free cash in the form of bitcoin gold, however after having bitcoin gold, it seems that people also dumped bitcoin gold after having it. The dump we are seeing now wiht bitcoin is a healthy pullback, since it was just hyped out of the fork, we will now begin to see a correction in the price of bitcoin in the coming days, knowing that a lot of countries already legalized bitcoin, we may see a lesser volatile bitcoin this time, and a gradual increase will show what is the real value of bitcoin, and next month therr will ba another fork, we might see the same scenario, hopefully the price of bitcoin had stabilize around 6000 usd by that time.
569  Bitcoin / Bitcoin Discussion / Re: Australia moves to regulate the bitcoin is it good or bad ? on: October 25, 2017, 02:15:35 AM
australia regulating bitcoin is a good thing, just look at japan how they did it, more and more japanese are using bitcoin because of it.this move of australia will sure bring more new investors and bitcoin users to the community, i think this will help other countries as well, if they are still doubtful of having bitcoins, since australia is also known for their strict rules on their banking system, others might follow and just copy the regulations of australia about bitcoin. i think with this regulation, countries that fear bitcoin because of scams and being used for criminality, will finally have a relieve, if this regulation will be successful, and not only that, more and more people will trust bitcoin, rather than fear bitcoin because of anonymity, since that is one of the things i see that countries fear, since they do not know who are the people transacting, if the regulation becomes successful, that may not be a problem. i just hope that their move will be successful just like japan, so others will not think anymore that bitcoin is a scam or a ponzi scheme.
570  Economy / Economics / Re: Why not just print dollars? on: October 25, 2017, 12:02:10 AM
Printing a lot of dollar, will only result to it's destruction, the dollar will be weak,  since there will be a lot of surplus, if we check out what had happened in Zimbabwe, Greece, Spain, Portugal, what they thought that if they print a lot of money, it will also have the same value, which in turn, it did not, since we are talking about currency, the law of supply and demand still applies here, the more they print their money, the more it looses it's buying power, that why if you look at the dollar, it tends to be the standard, and showing a great buying power , that's why in my country 1 usd is equivalent to 50php, and you can already buy a lot just by using 50 php. However when it comes to real assets, you buy them because their value increases overtime and lucky for us, Bitcoin is limited, and will further increase in value, in time,  and will surely be there dominant currency around, and one thing is for sure, the dollar can experience depression, however Bitcoin does not, since it can be exchanged to different Fiat currencies, giving it more leverage over the dollar.
571  Economy / Economics / Re: Bitcoin = dotcom bubble? on: October 24, 2017, 10:32:57 PM
I think we cannot compare Bitcoin to the dotcom bubble, simply because Bitcoin is not a bubble and the cryptocurrencies are not the same with the websites before, since those sites are being managed by people who kept on saying to buy their stocks, even though the product of their websites are certain to become obsolete, as for Bitcoin, it is not managed by a company, and no one is saying to buy bitcoins, because it will give you a lot of money, instead, real investors came in to play, and Bitcoin is showing very promising movements. I think people compare it to the dotcom boom, because both are technology, both are using the internet and bothhave high earnings, but what they failed to understand is the technology behind Bitcoin, which is block chain, that gives it the edge against the dotcom bubble. Bitcoin cannot be compared to the dotcom bubble, since most of the dotcoms back then we're created just to gain profits, and Bitcoin is not like that, Bitcoin is created to become a currency, that can replace Fiat.
572  Economy / Trading Discussion / Re: Tricky Question, Sell BTC and buy Altcoin? on: October 24, 2017, 01:50:39 PM
At situations like this, wherein bitcoin's value is considerably high, I would suggest to hold, however, if already have enough bitcoins with you, it is up to you if you want to cash out, still as investors, we cannot pass on this moment that altcoins are on a bargain, we should also invest on altcoins that we see are going to be a leader in crypto currency as well. For me, rather than choosing which among the two should I go for, Bitcoin or altcoins, I would rather have both, since both have positive sides and negative sides, and in time, will give you profit, so why not have both, but if you mainly want to focus on bitcoins and not altcoins or vice-versa, it will be up to you, since both investments will just have the same risk, and Bitcoin having a high value already, could give you a glimpse on what altcoin's value could become.
573  Economy / Economics / Re: Bitcoin in Economics class? on: October 24, 2017, 11:35:36 AM
I think if you teach Bitcoin in economics class, you are introducing bitcoin as a new subject, however it is much better if we update first all levels of government regarding Bitcoin, since they will be the one to decide in how we are going to teach bitcoins to students. There might be something good that will come out if we introduce bitcoins to economics class, however, we can not say that the students will all agree with Bitcoin, they might have other thoughts, still it would be nice for them to understand what is going on right now, between Fiat and crypto currency, it will open up their eyes that the papernote that they are holding does not have any value. I think rather than economics class, to get the economy of Bitcoin and computer class, to understand block chain technology, there should be a different subject solely for cryptocurrencies so that the students will not get confused and somehow they can compare crypto currency with fiat.
574  Economy / Economics / Re: Bumps on the road to BTC general adaptation, preventing increase in its price on: October 24, 2017, 10:45:25 AM
It is true, there will be bumps ahead before we achieve the highest value of bitcoin, however if there are FUDs, we need to check them out first, we need to do our own ivestigation, even though all the resources are from the web, there are ways in which we can speculate if the news is true or not, just like when the time mark cuban said that bitcoin is a fraud, he did said that he wanted the price to be lowered and then buy it, and wait till it reaches a new high, and afterwards, we saw him creating his own ICO, those kind of news, needed much research and critical thinking, since mark cuban is a businessman, he knows what to do with investments, if we sell out just by the negativity, it will be our loss. The bumls ahead will surely be overcome by bitcoin, let's not forget the reason why we invested on the first place, to keep us motivated.
575  Economy / Economics / Re: Is bitcoin now the strongest currency in the world? on: October 24, 2017, 09:31:08 AM
Strongest, in terms of market value, since bitcoin is considered a currency, in market cap, i think there is another computation for it, since bitcoin is global, i think bitcoin is being devalued u p to now, if you come to think of it, we are not talking of fiat here, we are talking of bitcoin, which has a very huge potential, the market cap should be much even higher, since it is not focused on one country alone, there is no gdp to measure its buying power, the onoy way yo measure it is by supply and demand, the value should much more higher than what we are seeing now. I think though bitcoin is notnat its 100% market cap, still it beats a lot of fiat, however bitcoin seems to be becomin more of an asset than currency, there should be more transactions being made as payments, rather than trading in order to say that bitcoin is a currency, hopefully after the fork, bitcoin will not remain stagnant.
576  Economy / Speculation / Re: BTC to 7k before fork? on: October 24, 2017, 07:12:32 AM
The price of bitcoin to breach 7000 usd, seems to be promising, however i cannot see it happening just now, since we are only a few hours aways befor the fork and bitcoin is still fluctuatig and not showing a solid trend within 24 hours that it will breach 7000 usd, yhis may be due to some FUDs still going around, but what i see is that a lot of people wanted to get bitcoin at a slightlty cheaper price right now, before the fork even happens, that's why the graphs are flucatuating, however there might be a rise during the fork, a lot of people arr still asking they hoe to get bitcoin gold since that is what they want, free cash, and i think once they got it, the price of bitcoin will go to correction, hopefull.not below 6000 usd.
577  Economy / Economics / Re: China will become Super Power ? on: October 24, 2017, 03:01:51 AM
china is already a super power, there is a reason, why the US cannot wage war against china. during world war 2, china was still a sleeping giant, since they are really a timid people and after the war, china did invested on weapons as as well, that's the same reason, why india cannot go to war against china, though they have nuclear weapons as well, china has also nuclear weapons and what most countries fear is, they have everything in quantity, they have more weapons than the US, though US in technologically advanced, the chinese government can easily duplicate it and make it in mass production, that's why the US can just do trash talk to china and russia. and when it comes to bitcoin, they have a lot of bitcoin miners and mining equipment and it is just easy for them to mass produce and i think that in time, china will make bitcoin legal once they already have mined a lot of bitcoins and again will shock the community, hopefully china will become transparent and give out the number of miners that they have.
578  Bitcoin / Bitcoin Discussion / Re: Bitcoin Strategy amidst the looming BitcoinGold Fork? on: October 23, 2017, 01:07:16 PM
what i suggest is to still hodl, and if you have a lot of extra cash,try buying, however it's up to you to take the risk. we all know that bitcoin gold is only a few days away, however, the price of bitcoin is becoming very volatile as of the moment, it goes 300 usd up and down by 200 usd and vice-versa, before having the bitcoin gold, i see that the best way is to hodl bitcoin and buy altcoins, since the majority of altcoins now are now taking a dip, and soon bitcoin gold will join them too, since right after having bitcoin gold, majority then, will use their bitcoins to buy altcoins since they are still low, and then we will certainly see a drop on the value of bitcoin and a rise to altcoins, then after that, the correction will take place and you can buy bitcoins at a lower value, compared today. i  think for bitcoin, the strategy is still hodl for a long time, and buy altcoins for now, wait for the correction, then buy bitcoins afterwards, the key here is still delayed gratification, we should just let bitcoin go higher and higher and after several years, we can spend a bit of bitcoins we have invested on.
579  Bitcoin / Bitcoin Discussion / Re: Bitcoin is gaining momentum in Africa on: October 23, 2017, 08:17:25 AM
i think this move is very risky, given the fact that most countries in africa do not have access to internet, there are few countries in africa that have access to to internet and those countries still do not have good internet connection and if they do, they have a conflict in their country, if we check on those progressive countries in africa, namely south africa and egypt, they have been developed because of colonization and those who are rich are still those had colonized them, the technology that they have, possibly will just give more income to the the rich people and not to the native africans. though this is good news, i think they all should first give financial education to all their people, since investing is really hard if we do not study it and understand it, and even more if you invest in bitcoin, since it is something intangible, a lot of people in africa may invest on bitcoin, but how sure are they that they will not loose, the first thing they should have done, it information dissemination and then introducing bitcoin to them. still this is good news to our community, however we need need to be cautious, since this might be a new thing to them, knowing that most fiat currencies in africa is becoming more and more devalued overtime and it is not a shock that people will turn to bitcoin if their fiat becomes obsolete. we also need to understand that africa will might soon hold the biggest percentage of bitcoin users, we need to check all of their movements.
580  Economy / Speculation / Re: BTC analysis for this month! on: October 23, 2017, 06:16:53 AM
since bitcoin is bullish as of now, it is safe to say that we must be cautious this time, since bitcoin gold is already hyped and most new investors today are just planning to get their hands on bitcoin gold knowing that it is free cash an then they will but a lot of bitcoin gold using the profit they have gain from the rally of of bitcoin, just like what had happened in august, after bitcoin cash, the value of bitcoin fell, since they did profit taking and there was a lot of FUD during that time, and this time for bitcoin gold, it is not an exception, since the trend seems to be repeating, however, the price of bitcoin will not go down below 4000 usd just like what had happened before, i think the price of bitcoin will go down around 5500 to 6000 usd before the november's fork and then will have a true correction, as of now, with the bull run of bitcoin, i do agree it is a bull trap, that's why we need to create a new strategy on how we can win with this situation. hopefully the price of bitcoin can breach around 7000 usd with this bull run,before bitcoin gold, though it is only a few days left, we can  never tell, since the volatility of bitcoin now became more and more active, and what we need is a lesser volatility for a correction, and from what i see, bitcoin's high volatility will continue until the end of the month.
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