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581  Economy / Economics / Re: Wonder how many people can hold BTC for more than 3 years on: November 14, 2017, 10:47:22 AM
For some how made millions on BTC there was no point to hold it anymore.
They just sold them and are enjoying the rest of their life  Grin
Bitcoin has made a lot of the people rich now because the bitcoin is the best investment to the people who are having the bitcoin and the value of the bitcoin will be very high as much as I know it is getting possible I am very sure the bitcoin in the three years will be more than the high value and the investment will be the best way to have the best future.
582  Economy / Economics / Re: Difference of Trading and Investing? on: November 14, 2017, 10:17:16 AM
There is a big difference in trading and investing and of the most important would be that investing you mostly work with 1 coin and with trading you need to work with more altcoins and need to know more about them.
You are right it has a lot of the difference because now a lot o the people are buying the bitcoin and it is making the bitcoin different because the buying the bitcoin means to invest in the bitcoin and the trading means to trade the bitcoin it does not mean we are using the bitcoin, I am aware of the bitcoin price and the value now it is the time to have the fun and to increase the power of the bitcoin as well the bitcoin value will get better in the investment.
583  Bitcoin / Bitcoin Discussion / Re: 2X has been cancelled or is this just speculation? on: November 14, 2017, 08:44:56 AM
Hey guys new to crypto and still looking to the most reliable place to find my crypto news but is this true is has been cancelled? what does this mean for 2x? is this the end of the bull run?


Yes, they have decided to cancelled the implementation because support is very weak. If you are looking for the most reliable news than its already here. I don't think it will end the bull run because its continuing as of the moment. If you want to see if its going to end you better stay and watch how the price is moving. It may go to another roller coaster ride or drop a little, we don't know.
I think that they are waiting for bitcoin to grow more and they may change their plans and come with a blast, they know well that pushing bitcoin is not easy so they are planning big for which they need some time. What my opinion refers is that don't worry about it just make your investments and keep your spirits high, you will succeed.
584  Bitcoin / Bitcoin Discussion / Re: Can you feel it on: November 14, 2017, 08:03:15 AM
This is freedom for everyone, Every now and then bitcoin captures the attention of every nation, Perhaps this is the movement entrust cryptos against fiat currency. And in order to solidify bitcoins, we should strongly adapt its regulation to abandoned old traditional systems of trading.
Yes now it depends on us to either make bitcoin popular or ignore it, people are happy to get such an easy method of becoming rich in short time. This is not less than a miracle for us. Now its our duty to educate people properly and expand the web of investors. It is a promising currency and will replace all other regular currencies and paper money in future.
585  Economy / Trading Discussion / Re: What is the risk of holding Bitcoin? on: November 14, 2017, 07:26:46 AM
The biggest risk that you can encounter is that bitcoin can decrease in value unexpectedly this already happened some time in early 2017. Since you are already own and hold bitcoin, you already have your money by yourself so the only risk is that the price of bitcoin can drop.
I think there is no risk in holding bitcoin as it remains stable most of the time. Before buying bitcoin one should be determined  and aware that there may be ups and down for a short period in the market, so in such circumstances one has to remain firm and should not think of disposing it off, as after short time bitcoin recovers from shock. I invest in bitcoins all my savings as most of the people are blessing from it.
586  Economy / Trading Discussion / Re: when do you buy ? on: November 14, 2017, 06:56:56 AM
I see a lot of people talking about when to sell; but I think that buying is as important if not more (obviously you buy* low -_-). so do you guys aim to buy the lowest low of the day/week/month/... and do you think that is riskier and/or hard to predict. do you wait for price reversals? do you follow expert advice?? please share your thoughts and your stories (successful or otherwise Smiley)

Hard to predict when to buy. In my opinion, use chart of bitcoin can be helpfull.
We will buy when the price can not reach the lowest low when reversal.
It is a very hard decision that when purchasing should be made as the market is usually unpredictable. Whenever I have to buy coins I search the market closely to become aware of previous charts of coins. I normally wait for the low rate of coin to be purchased  but the more important to me is the selection of coin, I prefer to buy bitcoin as it gives profit to the investors regularly. So one should purchase at low rate.
587  Economy / Economics / Re: Bitcoin regaining dominance. on: November 13, 2017, 12:04:40 PM
This will go untill BTC reaches its 3rd wave peak, afterwards BTC will begin to fall and alts will regain the momentum IMO
If you talk about the development and importance of bitcoin then yes it is developing and gaining dominance day by day and if bitcoin reaches to the top in progress than it can't fall back easily but is nearly impossible for it to fall. According to my point of view it can maintain its position on the top and can't fall down as that easy as you think about bitcoin.
If we look at the graph of bitcoin since the time it was introduced to this world, then we’ll get to know this thing that bitcoin is continuously gaining more reputation with each passing second. The market price of bitcoin does actually effect the reputation but that effect is only for the short term. There are people who are investing in bitcoin and they are very much satisfied with what all they are getting in return.
588  Economy / Economics / Re: Would bitcoin help teach kids about saving? on: November 13, 2017, 11:38:18 AM
Bitcoin may not teach about savings directly but perhaps the use of it will. For me, it has taught me how to save because for the first time in my life, I've been earning through bitcoin. It has made my become conscious of my finances and expenses. It has taught me how to save because I am now mindful of the financial decisions that I make. Perhaps in a way, once kids learn about finances through bitcoin, it may teach them a thing or two about saving.
I think it can teach kids how to save money for themselves because their main problem is to get control on their money, which is very hard for them to control on the paper money but if we look to the digital currency than for a kid, getting control on bitcoin is much easier than that of getting control on paper money. Not only kids but bitcoin also can teach adults the best ways of saving money which is a positive sign.
Everyone has his own opinion but I have some different opinion. In my opinion, bitcoin is not an easy thing to be used and that too by the kids.

In fact, there is no way that kinds can use this bitcoin. Bitcoin can no doubt teach this concept of saving money but only to the ones who are using it and are investing in it. We need to teach our kids about this habit of saving money by ourselves.
589  Economy / Economics / Re: Bitcoin price is recovering! on: November 13, 2017, 10:48:38 AM
It's not just recovering but it is also rising, it's value is continuously rising which is indeed a great thing for all bitcoin fans out here. Though its rising, it does not mean that it will not again fall, we really know what will happen in the next days, week, months or years to come.
There is nothing better than this news that the market price of bitcoin is increasing and increasing significantly with the each passing moment.

This is all because of the dramatic increase in the demand of bitcoin in the international market which is resulting in this much increase in the market price of bitcoin. I am very much hopeful that bitcoin is going to rise in the very similar fashion in the future as well.
590  Bitcoin / Bitcoin Discussion / Re: I would like to invest! on: November 13, 2017, 08:51:47 AM
Is it to late to start know in 2017 to invest in virtual coins and is any advice for "dummies" around here?

Anytime is good for investment, there's no fixed time for investments, crypto world any one can get in at any time, so for that my first advice would be for you is to invest in Bitcoin, then use only electrum wallet, and never disclose your private keys and seed to anyone. Buy in small quantities say you have 1000$ to invest keep investing 200$ or less amount at intervals, when it's down more and High less. Remember there are fees per transaction buy and sell so check it out. You can invest any amount, just remember there are fees per transaction.
Agree there is no fix time for investment and I think it totally dependent on your well and interest if you are welling and have the basic knowledge about bitcoin then don’t wait and just trust in Allah and get started the business I am very sure that bitcoin will give the highest profit which will be beyond your expectations.
591  Bitcoin / Bitcoin Discussion / Re: Easy way to explain and teach Bitcoin on: November 13, 2017, 08:21:48 AM
I think easy way to explain and teach bitcoin to child is telling them that bitcoin is new money on internet
the process to makes bitcoin is like the gold by mining, it is one of many easy way to explain about the bitcoin
the other way is learning by doing, it is will be more easy to be understood by the child
than just teori without any practice, remember memory of children are very fast than the old people.
Yes child are best for learning bitcoin as their picking power is so much fast and they are very familiar with the new and latest technology of the internet and computer so  it will be the best way to teach child about bitcoin indeed computer is itself a teacher which tells us that how to rectify the mistakes etc
592  Economy / Gambling discussion / Re: What is the best way to quit gambling and start trading?? on: November 13, 2017, 07:21:57 AM
In the past i also is like that, I know if trading is the best and safest way to double the money, but the knowledge I have about trading is still very minimal, so I decided to continue to gamble. But after I was frustrated because it had swallowed a lot of losses, and then in slowly I can reduce my efforts to gamble and start trading also with slowly as well. Now I'm not dependent on gambling, I can trade patiently to get a good profit.
It is good to know that you at least consider trading a better option than gambling and this is the reality also.A trader can make good profits by using his skills and improving it with time while a gambler has no such option. Trading is a lot better field than gambling.

It is not very difficult also. If you will try out this with small amount, you will grasp the idea very quickly. It is all about patience and making right decision at right time.

Yeah,trading is the better option because we can earn money in trading using our skills but in gambling only luck decide win and loss.So its better to understand that gambling is not a way to earn money.So you can start trading with the investment,initially try to do small trades with small profits once you become an expert then you can enjoy more profits.But being a succesful trader need good skills so you need to improve your skills for more successful in the trading sector.

Well that's not going to be easy especially for people who enjoy gambling. Trading may prove to be a bit boring and doesn't attract that much interest unless you're already into it. The transition betweem gambling to trading would be the hardest part of it. If a person can successfully transfer interest between gambling to trading, then good for him
If you enjoy gambling then probably you won't quit it. Maybe add trading as one of your assets to bring you more possible income if you have made the right decisions and right strategies. I hope that he or she could balance it. With the right amount of gambling and trading side by side.
You're  idea is great, but in my suggestion, it is difficult to one person to quit in gambling even this person is so addicted on it. And gambling is popular to all gambler.  To quit in gambling is a good things that should have to a person or gambler having so many losses in terms of money. And it is better to make decision for those people who are addicted in gambling, and by helping themselves to forget or to avoid in gambling is a good way to quit in gambling. So for now, it is better to think on how we earn money like in trading. If one person are trying to trade than to gamble he or she was possible to earned a money unlike in gambling some money will have lost. Finally, it will also depend on person, in what decision they going to made for make there life better.
Addiction in gambling compel people to continue gambling if even he is losing money. He always argued that he has the potential to make money from gambling, therefore he continue to play gambling again and again. So it becomes more difficult to quit gambling for such person even if he struggle a lot still he tend to continue gambling.
593  Economy / Gambling discussion / Re: Any difference in investing casino ICOs and casino bankroll investments? on: November 13, 2017, 06:31:40 AM
i think i have to agreed with you that investing at the casinos bankroll will more profitable for long term because you will get steady profit share depend on your amount of investment especially if you're investing at the casinos which have plenty active players with automatically those casinos will have good profit but on ICO although there was several ICO project had succesfully but there is no guarantee those ICO coin will provide you good profit because some of ICO coin eventually became an dead coin because had lack of interest
But finding a trusted casino for bankroll investment online is not an easy job. You have to work hard for that and even then you can succeeded to select a trusted betting site. There are a lot of gambling sites who can only take away your money but will never give you any profit, therefore it is too much important to be careful while selecting a gambling site.
594  Bitcoin / Bitcoin Discussion / Re: What if Bitcoin mining becomes illegal world wide? on: November 08, 2017, 12:17:36 PM
Actually this is the main reason why the people don't believe in Bitcoin investment yet.
If Bitcoin mining becomes illegal we can't confirm anymore the exchanges so it's the end of Bitcoin I think.
It can't be illegalized because people are favoring it and trying hard to get more bitcoin. People are welcoming it warmly because the ease and comfort it is providing, quick and easy transferring of money is its characteristic, let suppose a world without bitcoin then poverty and unemployment will be at its peak, living standard will get low and sharing of resources will decrease
595  Bitcoin / Bitcoin Discussion / Re: Do you USE your BTC? on: November 08, 2017, 11:46:16 AM
In my country, if i use Bitcoin to buy anything as normal transaction, 100% i will be locked in jail. Cause my country already prohibited every transaction in daily, like buying foods or supplies . Bitcoin only can be sell or buy, it's illegal if you use it as the currency.
Hope soon your country realize the importance of bitcoin, because the sooner is the better, the people are favoring bitcoin then whats the problem with the government, why they blame bitcoin for the mentality of criminals and why don't get the point that it will help in raising the economy and reducing unemployment to some extent, people will be benefited and raise their living standard
596  Economy / Micro Earnings / Re: Making bitcoin with twitter still possible? on: November 06, 2017, 02:07:13 PM
Since i joined this forum i eve seen a lot of compaign that recruit people with a twiter account
Yea a lot of the people are increasing the popularity of the bitcoin at the twitter account and it is being tweet by the people who are having the value of the bitcoin is increasing for the time to time profit, the value and the price of the bitcoin is increasing more and more, you should get in the bitcoin and you will see how fast the bitcoin being popular at the social sites and the twitter.
Even the social media campaign (twitter or facebook) as the case may be really do take some paying of dues cause it is not easy building an account with so many quality followers these days and if you can have that, then it is like having a money making machine. Everything takes effort and patience and you just have to keep it growing over time until a day comes and you discover that you have been able to build enough resources to make some pretty good cash.
597  Economy / Economics / Re: Do you think billionaires invest in BTC? on: October 02, 2017, 03:49:08 PM
I just always wonder if those billionaires still invest in btc. Do they even know btc exist?
It is possible. Billionaires are aware to the bitcoin because it is money. Billionaires are aware in any related with money with a high income. Billionaires are also investing their money to the bitcoin. I think they are the whales in the ceyptocurrency.
There are some billionaires investing in bitcoin for sure, and they will be doing it secretly. Even us that are not billionaires won’t really come out and say to the world openly that we are into Bitcoin. Everyone has their secret.
598  Economy / Economics / Re: Cashless society on: October 02, 2017, 03:17:11 PM
This is possible, but this would be implemented by the governments.  This would result into fiat currency being converted to electronic currency. Generally, I think this will not result to the governments using cryptocurrency as most of those are decentralized. Something the governments don't want.

Mayne it is possible but we should consider the fact that before a cashless society roam all over countries , every state must acquire a fast and reliable internet connection in each every street of a certain place for bitcoin pay!ents and transaction will going to be happened cause I think it will not be successful if we cannot it simce bitcoin is a digital currency in which digital system is one of the fastest way to used it, and I thi k it will not be successful in the sense that who will finance it? And how about of those people who will stand for the fact that they will not used bitcoin in their lives, I mean theyre nkot into it?
It seems like most of you here don’t even know what cash means, and you’re just commenting whatever that comes to your mind. Cash is the physical form of whatever currency you’re using; even the world decided to Bitcoin, there must be a physical form of it. So it’s not possible for a cashless society.
599  Economy / Economics / Re: Mining coins save or sell it? on: October 02, 2017, 02:45:37 PM
If you are actually able to profit from mining bitcoins then you should most definitely save it as the value will grow over time significantly so it's best to get comfortable sending, receiving coins and storing keys.
After mining coins, it’s good to save them and not sell immediately. But if it happens that there is a pump at the time you were saving it, I would say sell some, and not all to benefit from the pump that’s taking place.
600  Economy / Marketplace / Re: Paying with Btcoin on: October 02, 2017, 02:12:53 PM
I would never ever pay with bitcoin right now. It is still at beginning stage and because of its important innovation for the whole financial sector an invest for the future.
I remembered on this thread some years back when bitcoin wasn't really of a much value as it is now and some people who probably have like 50BTC were busy looking for what they can buy with it. Some said, buy yourself some good wears, or buy yourself some pizza blah blahblah. If they bought actually since I have no idea if they did or not, where are those things they have bought with their BTC now? We all know what that would be worth right now.
Lol did you just say “buy pizza”? That was funny. I wonder, if there is really anyone that bought pizza with their Bitcoin then, now they will feel like committing suicide, lmao. If it’s me, I would be hitting my head on the walls if I wake up and see the price rate as of now.
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