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61  Economy / Speculation / Re: Recent bullish Bitcoin price predictions on: August 20, 2018, 09:25:39 AM
seems everybody is predicting the possible price wither too high or too low!
Prediction has less than 50% possibility to be true. There are  also those people who make predictions just to make the others thinking be confused. There are some who are just like to predict.
62  Bitcoin / Bitcoin Discussion / Re: Blockchains will create a better world on: August 20, 2018, 08:43:43 AM
I can agree that blockchains will contribute to the better world. To my mind, this is possible and soon this will happen. I can see the better world only with blockchain and ether as well as bitcoin
The world is constantly changing and progressing its technology. So, as the years go by, I know bitcoin will soon be used as currency. Fiat money will soon be not usable. Whether we like it or not, it will happen.
63  Bitcoin / Bitcoin Discussion / Re: They want you to panic :-> on: August 19, 2018, 01:29:35 PM
When the price of a commodity drop with no reason, you should know that it is being manipulated. The reasons for this is quite simple, because a lot of people know this is a fake crash and they are going to make millions, when other people start to panic and start selling their coins at these low prices.

The secret to maximize your profits in this game is to buy coins at the lowest price possible and then again to sell at the highest price possible.

What do you do if people are hoarding their coins and refuse to sell? You simulate a fake crash by stockpiling your coins over a long period and then dumping those coins at once to trigger a small crash. You then buy back these coins at a lower price than what you bought them and wait for the market to recover.

This is what is happening now, because there is NO reason for this sudden drop in the price? Hold onto those coins as long as you can, because these greedy bastards will manipulate the markets to cause chaos and panic.
Bigger investors will really affect the price movement of bitcoin since they can control the supply of bitcoin. They hve their strategy for them to earn big. We are just like them only then, we smaller investors have less or will not affect bitcoin's price.
64  Bitcoin / Bitcoin Discussion / Re: Newbies to Bitcoin can be dangerous! on: August 18, 2018, 11:17:57 PM
I have run into several Bitcoin "newbies" over the last couple of months, that are spreading the wrong information on forums and/or in person. Their intentions is good, but the results is bad, because they did not do proper research.

Some of these people are selling themselves as experts, because they have been in the scene for a few months. I have been in the scene for years and I still know very little about EVERY aspect of this technology.

I think you should rather admit it, when you do not know something about the technology, than selling your little knowledge as facts. I will regularly tell people that I am not clued up with every aspect of this technology, but I always try to do proper research, when I encounter something that I am not 100% clued up on.

~ Ask, if you not sure.
~ Do not lie, if you are unsure.
~ Do proper research, before you educate other people.
~ Accept that you will not know it all.
~ Fact check what you already know.
~ Do not argue, if you not sure about your facts.

Let's agree that we all learn something new about this great technology almost every day, so only a small amount of us are experts.  Wink
It will be dangerous if you will not think more than twice with what you do especially if you are new to that endeavor. A successful man is always hunger for knowledge.
65  Bitcoin / Bitcoin Discussion / Re: How much damaged bitcoin has brought you? on: August 16, 2018, 09:06:44 AM
I had a small scale investment on bitcoin and i invested on it when the market price is 30% higher. I never thought that market is going to fall down which results to the loss of some of my money if i will sell my bitcoin holdings now. Seeing the market price i consider it as a damage which is 30%. Well if i may ask you do you feel any damage right now? I wanna know who are those people who are investing prior to the market price fall down?
I am just holding my bitcoin. I do not mind the time that passes by. Though we can say its a waste of time to wait but when the market turns green all the time wastes will be paid off. So no worries.
66  Bitcoin / Bitcoin Discussion / Re: No women in Bitcoin you say? on: August 16, 2018, 07:55:15 AM
But the biggest fuck-up of all: Lightning Network / Lightning Labs is led by Elizabeth Stark.  If you like train wrecks, get Elizabeth to lead us there.

You can see for yourself how Lightning works...
 
Based on my observation, mostly, women are more patient than men. So, if we talk about holding and waiting women are good at that. So we must not belittle women.
67  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin isn't a legit currency. on: August 15, 2018, 10:11:33 AM
Bitcoins is not yet a legal currency cause not all countries, world bodies have accepted or recognise it. You wrote so much and how come you fail to understand that this coin cannot be controlled by anyone, no one can manipulate it and most of all governments cannot find out who owns it or make you pay taxes. There is a huge hassle process and it's expensive to track it, make a whole set of laws. You get the point don't you.
You are absolutely correct fellow. And I think it will be different or there will be changes when bitcoin will become legal. Taxes will be imposed on every transactions, I am sure about that in my place when it will be legalized.
68  Bitcoin / Bitcoin Discussion / Re: High risk results to high rewards on: August 14, 2018, 09:33:32 AM
https://www.livebitcoinnews.com/4-in-10-americans-will-never-invest-in-bitcoin-says-latest-crypto-study/

I've known some few friends who are into forex and stock investments. When they've learned that I engage myself into crypto trading and investments they discouraged me due to bitcoin's price volatility and unpredictable fluctuations. All I can say to them is that I only invest an amount that I can surely afford to lose and taking huge risks will definitely compensate you good returns as well. I bumped into this article saying that 4 in 10 Americans will never invest in bitcoin, which is somewhat realistic but still history can really tell that bitcoin has changed lots of millennials who took the risk and profited when bitcoin value skyrocketed to almost $20k last year.

So with this article it shows that there is still high percentage of Americans that is willing to take risks to invest in bitcoin just to make some good profit in the near future. What are your thoughts regarding this one? Share me your thoughts.
There is no investment that not a risky one. All of any kind of investment you will take some risks if you want to earn.   You must face the hardships if you want to reach the top.
69  Bitcoin / Bitcoin Discussion / Re: Newbies to Bitcoin can be dangerous! on: August 13, 2018, 09:50:33 AM
We can call them newbie experts and they are dangerous because they don't know the ABC of cryptocurreny market never do proper research and start educating and suggesting peoples and with their these kind of experiments peoples loose money because they start spreading fake, news i am also familiar with bitcoins since two years and i take proper knowledge and do research then do post or suggest people.
So newbies must read more and study harder crypto currency. They will not be mislead if they will know more before indulging in. There are also those higher in rank that are so kind to help newbies.
70  Economy / Economics / Re: Newbies panic & Old timers smile, when the Bitcoin price take a dip. on: August 13, 2018, 09:00:46 AM
i agree with you. to analyze the market situation newbie's should participate in bounty campaign and the signature campaign. then they will properly understand about the market.
Yes, that is a good idea. They must join a campaign and for that they can read also the ideas of others and some important information about crypto currency.
71  Bitcoin / Bitcoin Discussion / Re: BMW now accepts Bitcoin as a payment! on: August 12, 2018, 07:08:52 AM
I bought my BMW 5 Bitcoins. This is the type of sentence that will be heard soon, major players that support Bitcoin are more numerous, mainstream adoption approach.

Quote
Stephen James is now accepting Bitcoin for the purchase of your new BMW! Contact us today to find out more about how you can use Bitcoin to walk away with a brand-new Vehicle


Read more here: https://news.crypto-analyse.com/en/2018/07/20/bmw-now-accepts-bitcoin-as-a-payment/

And here:
https://cryptodaily.co.uk/2018/07/bmw-now-accepts-bitcoin-as-payment/

Here:
https://usethebitcoin.com/stephen-james-bmw-accepts-bitcoin-payments-for-car-purchases/

Official tweet from Stephen james company:
https://twitter.com/SJBMWGroup/status/1014887028746571777
That is a great news. Soon the other companies will use bitcoin also. Hopefully this will happen. When this time comes, we will all be happy for bitcoin's price will reach even high as we expected.
72  Bitcoin / Bitcoin Discussion / Re: Definition for bitcoin fans and bitcoin hater on: August 11, 2018, 01:09:50 PM
Hello folks,

I often discuss with friends and family about newspaper articles where banker, politicians and ceos give their options about the future of bitcoin.
Bankers speak mostly against bitcoin and spread FUD. People who work in the information industy often like the idea.

What do you say? Is there a definition of bitcoin fans and bitcoin hater? And how would you describe them?
Those who do not like bitcoin are called haters and of course because they did not gain from it. And those who likes bitcoin are those who profits, tho who think they can gain from it and those who loves innovation.
73  Alternate cryptocurrencies / Altcoin Discussion / Re: Which cryptocurrency is safe haven right now ? on: August 11, 2018, 05:36:01 AM
I think bitcoin is still the safest right now. Bitcoin still has great potential for long term profit. So you should go for bitcoin. Don't worry when price drops for it is normal, soon bitcoin price will go up again. Just have faith with bitcoin.
Yeah, you are absolutely right. Bitcoin is still the safest, the most secured crypto currency. So if ever you are holding these coins, do not ger discouraged. Just hold on for it will bounce back and get higher.

74  Bitcoin / Bitcoin Discussion / Re: Crypto faster & cheaper? on: August 09, 2018, 09:01:33 AM
Bitcoin fees are higher than any other coin. This is due to a lack of scalability and thus high mining fees, which also effects transaction speeds. Ethereum and LiteCoin have much lower fees and send much faster. XRP is cheaper and faster than that. IOTA is free but their wallet is not quite up to par yet. This market is still very young and growing. Eventually these issues will be worked out. But the great thing about competition is that you can choose which method you want to use. And if you’d rather stay in the fiat world you’re free to do that as well.
Even if the transaction fees are higher as compared to other crypto coins but you can also gain more profit than other investments. While other altcoins will also give us profit. It is just up to you what to choose.
75  Bitcoin / Bitcoin Discussion / Re: Hello crypto! Bye bye credits? on: August 09, 2018, 04:43:11 AM
I wonder this: if the usual banking system will disappear as such, then she will leave and credit system, leasing and installment payment, debt, etc. As there is no centralized authority that can issue and track correctness of performance. To some extent, this is certainly good, but in fact people who can not immediately earn a large amount of money and will remain in the lower levels of life, which gives the modern banking system (though not ideal). What do you think about this? How to Take a loan in cryptocurrency?
Crypto currency has started to be used in other transactions like in the payment systems. If we talk about loan in crypto currency, I think it is a bit difficult since almost all of us here are using pseudonym. There is no guarantee if credits will be paid.
76  Bitcoin / Bitcoin Discussion / Re: What factors scare others from investing into bitcoin? on: August 09, 2018, 12:22:33 AM
Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduce to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?
The most feared of investing bitcoin, for me, is because is illegal. If ever it will vanished like a bubble, then you cannot have your capital back.
77  Bitcoin / Bitcoin Discussion / Re: Will bitcoin go under regulation on: August 08, 2018, 11:02:13 AM
Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?
The government can control bitcoin or the crypto currency as a whole. And our future is dependent on how our government will take actions on it. I just hope ours will have a positive outlool towards it.
78  Bitcoin / Bitcoin Discussion / Re: Tips to overcome depression. on: August 08, 2018, 10:44:03 AM
I don't know how this post is relevant in this section. I don't think we need to be depressed for bitcoin. It has the best potential so i think we can keep trust on it.
I agree with you fellow. Depression is too much to feel when it comes to bitcoin. The price is not stable sometimes high and sometimes low. But we must not be so sad since for this.
79  Bitcoin / Bitcoin Discussion / Re: The primary idea of bitcoin on: August 08, 2018, 10:33:20 AM
Hello,

I would like to discuss about the primary idea of bitcoin of Mr. Nakamoto. Was he a/is he a person who wanted to make world better place, to take from rich and give to poor, to create new elite? What I am linking to is that at the moment large mining farms, bitcoin visioneers who started in early 2010-2013 now have most of bitcoins and sad (my oppinion) truth is that they will keep growing than most of society stays in poverty.

I think it is socially incorrect situation as it is because I think primary and main idea of bitcoins was to make world a better place to live, to shorten gap between rich and poor, educated and non educated people...

And finally happened what happened, rich got only very small percentage, while others live as they lived before...

What is your oppinion? What was real primary idea of bitcoin? Are we on a right way as Nakamoto visioned?
I think bitcoin was made to lessen the burden or hassle in money transactions. To avoid or minimize the risks in bringing big money that will be a risk of our life too. This is just my idea
80  Bitcoin / Bitcoin Discussion / Re: Looks like Bitcoin is a news right now. on: August 08, 2018, 09:50:18 AM
More and more people are being curious about how the extent of bitcoin can further lengthen their way of living into luxury and glamour, which is actually making it famous right now. Time may come that people only rely on the benefits of managing bitcoin rather than their own societal participation or job-related things. What do you know about the famousness of bitcoin worldwide? Add more ideas, opinions and news about this.
People feel positive with bitcoin because most of them feel the greatness of bitcoin. While some knows how good bitcoin is through their friends and relatives. Our experience with bitcoin is already enough to tell its greatness.
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