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581  Economy / Trading Discussion / Re: long term invest in bitcoin on: October 31, 2017, 05:48:29 AM
Don't think twice about investing now and do not expect that it will have a very deep dump for the next months like 20 - 40% dumps to its prices the usual dump ranges from 4 - 11% instead it will pump to $7000 - $9000 probably next year so now is the time to buy bitcoins and wait till it reaches its promising prices next year before it is not affordable due to its very high price per 1 bitcoin.
582  Economy / Economics / Re: Benefits of Bitcoin (Deregulated economy) on: October 31, 2017, 05:36:56 AM
It is not a benefit to a country if the bitcoin is deregulated like what happens to the past like the silk road where they can buy illegal things like guns and different variety of drugs, they use the bitcoin for their own illegal activities such as money laundering, scamming and stealing which is bad for the bitcoin community part, that's why it needs to be regulated in order for the government and authorities to eliminate such activities and make the bitcoin transactions safe.
583  Economy / Economics / Re: Gold: Should We Cash Up or Dive In? on: October 31, 2017, 05:23:38 AM
Precious metal such as Gold, Silver etc is still a good and safe investments for investors but the problem is the time you will spent to accumulate the return of your capital by investing to these such metals unlike bitcoin and other alt coins in crypto market, the risk is so high that you can either lose or win but the difference is the value fluctuations from time to time. it doesn't need to wait for over many years just to increase their values. they increase or decrease from minutes to hours a day but the majority is the pump most for the bitcoin. the most safe to do is to invest to gold and other metals then at the same time take the risk to the crypto market.
584  Bitcoin / Bitcoin Discussion / Re: Any one effected? on: October 31, 2017, 04:45:24 AM
I think it is for the users who affected by visiting phishing sites that impersonates Xapo as the real website and then if they've login their account on a Xapo phishing sites, that's the time the account will be hacked and their btc will be stolen by the hackers, always look at the URL whenever visit a website most specially for your wallet accounts online, if the real website uses .com then they will just copy it and make their phishing website ended with .net the same URL name. always observe and read before entering your critical login details.
585  Economy / Trading Discussion / Re: 1ST Step investing in bitcoin on: October 30, 2017, 07:17:46 AM
Your 1st step is divided in two ways, Knowledge and capital. you need knowledge and understanding that trading in crypto are almost a different thing in trading on stock markets or any trading platforms, digital coins are vastly volatile meaning its price always fluctuates from minute to hour and a day even it is positive or a negative change. most of the crypto traders make it as an advantage to double or triple their capital buy selling high and buying low but you need to do a proper research about your target coin most if that is an altcoin or a token because most of them are scams that riding the btc boat. the Second that I've mentioned is capital which is obviously needed at least a big capital to have a better results.
586  Economy / Economics / Re: Is China making a U-Turn with Huobi? on: October 30, 2017, 07:00:26 AM
They are now executing their plan B that if you cannot defeat them then just ride or join them and think for another strategy to control and manipulate the bitcoin. It is expected that they will make this decision to lift up the ban that they imposed to the exchanges and ICO's implementing extreme regulations and policies to prevent ICO scammers. I also read that somewhere i think here in BTT forum they will surely do it anyway we know Chinese Government wants to achieve.
587  Bitcoin / Bitcoin Discussion / Re: Wozniak: Bitcoin is better than gold AND the dollar! on: October 30, 2017, 06:51:23 AM
Agreed with some of his opinions and statements about bitcoin, Gold and USD. Btc is still premature and experimental, it is not recommended to use it for our daily lives to buy basic things like food, water, daily necessities due to its fluctuation and high volatility but you can still do it of course the only problem is the value and price change. USD or any other traditional currencies are still the recommended currencies to use for this generation. Gold is also finite but we don't know the exact volumes of it on earth thus btc have a limited and exact numbers to be mined n the 2140 speculated year if the bitcoin still exist on that year.
588  Bitcoin / Bitcoin Discussion / Re: Why all other coins pretending to be bitcoin will fail (including BTG). on: October 30, 2017, 06:43:10 AM
That's correct no wonder why all the previous fork failed even some of them still exist to the circulation in the market having their own values, they cannot raise to breakthrough to their prices and popularity, they just being used constantly by the traders and investors to gain profit from buying and selling. they have their own uniqueness features that is good to hear like increased block sized, faster transaction, mineable for non asic devices and cheaper but the problem is they are just a bitcoin copy cat and still altcoins that cannot surpassed the original BTC. they are created by the greedy community for the sole purpose and profiting and boosting the btc prices.
589  Bitcoin / Bitcoin Discussion / Re: Who wrote the rules for bitcoin on: October 30, 2017, 06:25:41 AM
Ok, stopping Bitcoin is like attempting to stop hurricane, we all know it's coming but we cannot do anything.
Bitcoin core is coded very hard to be free from manipulations and even hackers cannot hack an entire community of blockchain.
Who made the rules? The creator itself named "Satoshi Nakamoto"
Who make the circulation rules? Every state and government should do regulations and rules not only for Bitcoin but to the entire crypto currency as well.
that is a well made answer to this thread topic, yes that is a big check and big fact. He made the rules of bitcoin not the wall street guys nor the central banks they just creating the rules of noise about how bad and negative bitcoin is, that is their marketing strategies just to survive their own businesses for the upcoming years, getting rid of the bitcoin or riding the roller coaster of its sky rocket price just to profit from it. They cannot stop bitcoin for now unless they shutdown the entire internet.
590  Alternate cryptocurrencies / Altcoin Discussion / Re: Project in Online Gaming? on: October 29, 2017, 06:56:16 AM
There's a lot of ICO, gaming platform, tokens, games stores, exchanges that implements blockchain systems and interfaces and uses bitcoin and any other altcoins or tokens to buy gaming item, values and a game itself that is good to hear because it is a growing industry however it also impose such risk like trading and investing in cryptocurrency that may lead to scam or hacking of gaming account, not all of course there is some legit stores and sellers like Steam that let you accept bitcoin as a payment. Online project for gaming is a great plan but it most come with the precaution and proper researching for you to find the best and authentic one.
591  Economy / Economics / Re: Indonesian Ban on: October 29, 2017, 06:45:54 AM
They just want to ban the bitcoin as a payment method because it impose such risk and volatility because they are not ready yet to adapt this kind of currency and it can be a tool to used for scamming and stealing. But at the same article Philippines already legalized and acknowledge the use of bitcoin by the Philippines central bank issuing a regulation to its exchanges. well i hope some countries in Asia also follow this step. on another page Indonesian central banks threatened by this currency not just because of its negative features but because they fear it will replace their businesses.
592  Economy / Economics / Re: Gold Is Yesterday, Here Comes Bitcoin As A Reserve Currency on: October 29, 2017, 05:36:33 AM
Yes that is the fact and a great article to read, it is actually a future gold not physically but the way how we value it and how limited it is. by the time when bitcoin were almost mined by the year 2140 and just circulating to the market it will become scarce and limited due to its limited supply and the increasing demand of the growing population of the bitcoin community it will increase its value from time to time surpassing the value and price of gold.
593  Economy / Economics / Re: Central banks - who stays behind? on: October 29, 2017, 05:29:20 AM
I think the op means that the people who are behind and supports the central banks. Am i right? well it is the solid economist and owners of the central banks who are obviously behind and make it strong, they will make it sure that no other competitor currency or system that will surpass or outnumber them, some of them are the one behind some news that bitcoin is a fraud and make an article that bitcoin is a bubble, last time when bitcoin is still growing they called it scam coin now bubble, also the biggest person who is behind the central banks are the government who impose tax and fees.
594  Bitcoin / Bitcoin Discussion / Re: [Wolf of Wall Street] BTC is a fraud ! on: October 29, 2017, 05:04:47 AM
Another guy from the Wolf of Wall street that wants to buy bitcoin on the lowest price and say his opinion intentionally just to convince some non bitcoin users and newbie to this currency that it is a fraud and they may lose their money. I hope no one listens to the stupidity and fraud news that they are spreading yet they are developing they're own system using blockchain technology how ironic isn't it?
595  Bitcoin / Bitcoin Discussion / Re: Is this a sign??? on: October 29, 2017, 04:52:13 AM
It's what they called the conditioning of the mind advertisement, we don't really know if they are advertising btc or accepting it as a form of payment for their services but i don't see any establishment nearby the banner so it may be an advertisement. I want to see bitcoin banner on a large billboard size advertising platform so that the citizens that do not it exist will make them aware about this type of currency it may help a little to boost the popularity of btc but it may condition the minds of the people who will saw it and may familiarize that they saw a large banner advertisement about bitcoin.
596  Economy / Economics / Re: Bitcoin Bubble Yes / No on: October 28, 2017, 04:26:50 AM
It's not value producing asset then what do you call USD and some national currency and fiat moneys? is that also a piece of paper that is useless and not producing asset? barter trade and some traditional trades is not common practice because the goods and raw materials can be rotten by the time that's why they come up with the currencies or money it just like them without physical representation. Now is bitcoin a bubble? maybe in the future but not today.
597  Economy / Economics / Re: They are the silent majority. on: October 28, 2017, 04:18:35 AM
Do not just write and send an email if you need help most if that is financial and health needs/problem because there are a bunch of scammers and money beggars just want to make money out of it. See them in person and ask for their help so that they can actually see the condition of your sisters surgery, if i were in their position receiving some random email out of nowhere asking help financially do you think they will just reply and say here is your money? No, stand up to your computer or phone and look for help or work.
598  Economy / Trading Discussion / Re: what are the physical, mental aspects of crypto currency trading? on: October 28, 2017, 03:57:40 AM
The key and the main thing to do first is to take care of yourself. How can you trade well if you are not eating nor sleep just to observe and watch the flow of the market values of crypto? if you gotten ill or sick by doing that it is more inconvenient and unprofitable than being more patient and self conscious about yourself. Balance your trading and living and you will see good results that's the first thing to do.
599  Economy / Trading Discussion / Re: Which bitcoin exchange do you use on: October 28, 2017, 03:51:24 AM
i commonly used Kraken, bitstamp, bittrex and many more for trading regular digital coins like bitcoin, Ethereum, Ripple, Dash and Monero etc but for ether tokens like Golem, EOS, Tronix and more i use etherdelta to exchange earned tokens there from bounty campaigns that i joined, there are 100+ exchanges for this kind of digital coins but beware of scam sites. always use 2fa authentication just to make more secure.
600  Bitcoin / Bitcoin Discussion / Re: Longest time for bitcoin to enter your wallet? on: October 28, 2017, 03:36:48 AM
If your fee are lowest as 1 satoshi you can definitely experience the longest time for the confirmations of your transactions on the blockchain network. about a weeks or two before it reach your precious wallet that's the longest time of waiting. but for my experience is 2 hours before it get confirmed and transferred to my wallet pretty long hours of waiting, i think i must raise the fee so that it can get confirmed in just a matter of minutes.
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