Bitcoin Forum
May 26, 2024, 03:35:17 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 [4] 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 »
61  Economy / Economics / Re: Does Bitcoin affect world trade? on: July 25, 2018, 09:57:04 AM
Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?

Never heard about the trade between two countries that went through the crypto currencies form. This is also very contradictory as to why they will make such trade because its not having any legal agendas amongst the two countries. Whoever countries make trades, for example sell oil, petroleum etc then the transaction is always done in terms of the fiat currency. The money is very important for other nations and not the assets. What I mean by this is simple, they don trade two different assets in exchange of one. Bitcoin being the assets these will never be used as exchange value plus altcoins are not having capacity to do so.
62  Economy / Economics / Re: To be or not to be. What to invest in? on: July 25, 2018, 09:19:58 AM
Off course bitcoin is like hog in a cog! If you get the investment done in right way then surely its your benefit and this benefit could be far better than the bonds and golds and rest of the investment. You always have to look for the opportunities here but in case of traditional ways of investing like golds, bonds etc the ROI is sure over specific period of time. Though bitcoin is risky but it doesnt mean that we should go and keep that fear in our minds. People have seen bigger profits which has overcome their fear today. So its all upto the personal decisions really, if you ask me, then BTC is the best.
63  Economy / Economics / Re: The dollar affects Bitcoin? on: July 25, 2018, 07:04:17 AM
as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?


Now this is something new I am reading here. I dont understand why this question might come up in someone's mind. I mean fiat or lets say dollar in your case, why would it affect the prices of bitcoin at all? Both of them are in different sphere of economy and have no effect on each other as long as one gets converted or invested in another one. Just take an example of Silver, Gold or diamonds or assets like those, are they rising in the value when USD rises? I dont think so, thats not the way it works mate. Im not sure what others are thinking here, but for me they have got no such effect on one another.
64  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin price and altcoin price on: July 25, 2018, 05:36:37 AM
These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?

Its biggest misconception that both of them are dependent over each other. They always had either indirect proportional growth to each other or no relation at all. I am mentioning indirect because most of the time it happens that whenever bitcoin goes up then altcoins either go down or halt their progress. There is simple reason behind that, "sell off for btc from alts!" People often do it so that they can get into BTC and try to profit their. Eventually this calls for the dropped values in the altcoins. I hope that simply explains your question.
65  Alternate cryptocurrencies / Altcoin Discussion / Re: I ALMOST GOT SCAMMED! BEWARE PEOPLE on: July 24, 2018, 08:09:38 PM
I dont understand really what you were thinking while searching the contract address over the internet? Who does that, who search a contract address over the internet where we send huge money to get the tokens. Its always advisable to get to the official sites of the project for which you want to buy the token and then get your token address from there. This is the official procedure you should always follow mate. Its your luck that you saved your ass from getting robbed, but this wont happen always. Lets just be safe all, and always remember never google stuff like this, its like calling for the phishing sites up front.
66  Economy / Speculation / Re: Bull trap? or Bull run BTC breaks $8000 on: July 24, 2018, 05:55:09 PM
What do you think about this bull run right now? BTC recently breaks  $8000, is it a bull trap or a real deal? FOMO? people converting their Alts to BTC? I have many questions right now bought BTC from $7800 should I get out? or ride this wave, It's very difficult to anticipate market now because of bitcoin ETF.

Its neither FOMO or buy trap but its the real deal. Well the time has come where bitcoin has started to regain its dominance one more time and it stands at 47% now. I guess this is clearly the bull run and not the trap. Whether people are converting altcoins to the bitcoin? Yes off course they are because this is the time where they are seeing the perfect opportunity of buying bitcoin and they dont want to miss out themselves from profiting. Most of the people might be correlatign the current situation with the past year. So there is high chance most of the people will sell for the BTC.
67  Economy / Trading Discussion / Re: 🚨Market Update: Breaking out🚨 on: July 24, 2018, 05:11:40 PM
Well everything is correct in your post however there is one problem in the current bull trend. Its being positive about the Bitcoin but not rest of the currencies. This is worrying thing because it can happen that altcoins staying low will attract many investors towards them and may start pulling back investment into the bitcoin and put it into the altcoins so that they can profit themselves a lot. This is just a possibility but on broad perspective it can possible considering it has happened earlier too. So I would say be safe by not investing too much at this bull run graph.  Cheesy
68  Economy / Economics / Re: Mastercard Patent for Speeding Up Crypto Payments on: July 24, 2018, 03:14:57 PM
It is just rumors, isn't it?

Its not mate, at least check the links provided in the OP.

This patent was truly registered and approved for the MasterCard company, plus it was in the news as well. Its a big thing I guess, and this can help improve the crypto currency transaction as well. We might just see great developments taking place in the crypto transmission soon and might see bitcoin as point of centre to be used by the MasterCard company in the coming days. You know never know how big transformation might this bring to us, indeed this one of the best news that has came out from the real world.  Tongue
69  Economy / Speculation / Re: Are we finally see some good movement in price for Bitcoin on: July 24, 2018, 12:57:36 PM
For me its happiest movement as bitcoin as broken all the records since past two months and have surged above the prices of 8K USD. I guess we are official into the bull run, no more traps and bears but just the official bull run. This means that there is going to be very strong support by bitcoin to any resistance that may arise up front. People have started to realise that the situation is kind of similar to the past year and we may see some good surprises up front. Bitcoin is about to break all the barriers and who knows we might start seeing ATH of this year. Its good for our portfolio, hope everyone is ready to take huge profits.  Wink
70  Economy / Economics / Re: The Cryptocurrency Market and How it Influences Our Economy? on: July 24, 2018, 06:05:01 AM
It doesnt affect global economic because the money that is flooded into the crypto currency is insufficient for it as compared to the worlds trillion dollar market.

On national level there might be some effect because huge amounts of money is flooded in the market and is locked up by big investors. This might give little (very little) stress over the fiat in that local region. As such I dont see any major adverse effect of it.

The financial growth of country depends on various factors and crypto currency is just little part of everything.
71  Bitcoin / Bitcoin Discussion / Re: The day will surely come Banks soon accept Bitcoin on: July 24, 2018, 05:26:07 AM
The day will surely come, looking at how widespread cryptocurrencies is flying lately, the future looks bright. With the introduction of ATMs that supports bitcoin in Belgium, I am looking forward to hearing the great news when bitcoin will be accepted in banks.

Having bitcoin ATM's in place and functional doesn't mean that banks will be accepting the bitcoin soon. Those are two different things. There are many internal agendas which needs to be fulfilled first so that one can actually see both the dots connecting with each other. Both dots means, bitcoin/blockchain and also banking system which runs over the traditional swift technology. Its not like fruit market, you went for shopping and picked up anything you want, its very complex system to bring onto same page and work together. May be there is still time, banks and bitcoins will have to wait more.
72  Economy / Trading Discussion / Re: Safest way to sell bitcoins? on: July 23, 2018, 02:48:32 PM
Just wondering, would would be the safest way to sell your bitcoins? Is there any platform considered universally "safe" to convert BTC in USD through Paypal, or direct deposit or something? Thank you!

Im sure you will find hard time while converting your coins to PayPal cash directly. As it is not practically allowed to do so or its illegal. At least in my country my Paypal doesnt allow me to perform this action at all. For me easiest way to convert my BTC to my local currency is through various wallets that are available. They allow me to convert with international exchange value and also in addition to that I can easily withdraw this balance to my bank account I dont see any difficulty in that one. If you want to have payapl cash directly then go for p2p sites where you will be able to receive the cash in exchange with bitcoins.
73  Economy / Trading Discussion / Re: Has the Crypto currency market stabilized? on: July 23, 2018, 08:52:41 AM
I am also 100% sure that these experts are no experts but just money makers over the youtube. There is no stability in the crypto currency. I mean how can this bitcoin model be stable when it runs with the public ledgers, decisions in the market, government acts, investment portfolio and much more things. There are so many factors like I mentioned above which keeps fluctuating the crypto market all the time. You will see no time when the crypto market is stable because of this and the decentralised nature.
74  Economy / Economics / Re: Mistakes That Make You Poor Poor In Cryptocurrency on: July 23, 2018, 07:50:58 AM
Yeah buying coins with rumours and investment in the fake ICO's is the big reason this industry is setting back a lot these days. People are responsible for it themselves because they study or are not alert enough to study the market before they make any investment. They are alway in hurry of making money and whenever they see huge crowd at some bounties then they will think that it is going to be best ICO ever and start investing without even touching the official documents. I guess this lack of alertness or knowledge is also biggest reason why people are not making enough money enough here and being backward class.
75  Bitcoin / Bitcoin Discussion / Re: Why did the government want to kill Bitcoin? on: July 23, 2018, 06:48:41 AM
We live in free world, you have right to speak, there is no need to apologise. Lolz.
Well, off course whatever reasons you have mentioned here are all the one who are behind the unsuccessful transaction of bitcoin in the real world. Its breaking the bitcoin and blockchain internally and thus government is taking the advantage of the same to break it even further. Yes I do think that it is completely acceptable that as to why they are banning everything. If we really want bitcoin surging through the real life then these things needs to be overcome first and then only it can gain real legal status in the time to come.
76  Economy / Trading Discussion / Re: what profit do you need to close the long position? on: July 22, 2018, 12:46:43 PM
If you are a long-term holder, what profit do you need to close the position?
For example, I need a minimum of + 400%

Thats huge buddy. You ca end up having hard time if you keep waiting for that long time and it could be hard to even achieve those kind of hikes within small periods. Im sure you might need to wait more than a year or couple to achieve those hikes for some good coins if they do exists for that long terms.

I have never keep that high goals because I think its impossible to earn that much or it goes into the level of greediness and thus can be disturbing over the time. The reason is volatility of the market.
77  Other / Off-topic / Re: Most unemployed graduates shy to start a small trade. on: July 21, 2018, 07:14:10 PM
Hm, that could be because you are doing business and thus it brings you in contact with many people around the society. This gives you more platform to outreach new people, personalities and different kinds of people. I guess this is what giving you lot of daring and also many time business owners already starts getting stubbornness. However those unemployed one will surely have no exploration like this. They will be more or less introvert due to various facts like not getting in touch with society and being short on many things. I just made opinion here, I might be wrong.
78  Economy / Economics / Re: HOW BITCOIN BENEFITS THE ECONOMY? on: July 21, 2018, 11:51:27 AM
The government in most countries have decided to ban Bitcoin and cryptocurrency as a whole. I begin to wonder why the government for these countries have taken such an initiative. Any idea on the benefits bitcoin offers to the economy? Help me convince my government to accept Bitcoin.

I dont think bitcoin can help the economic drive of country to grow itself on its wheels. The bitcoin and all the economy related to it is basically very small as compared to the trillion dollars world wide economy. The money (fiat) keeps rising in the value day by day as the demand is rising high due to over grown population of the earth. I guess its very common sense to understand that crypto currency is like multi million company which is having distributed economic sources coming from all over the countries and thus net effect is global and very small and may not noticeable.

Quote
Help me convince my government to accept Bitcoin.

Just forget about it.
79  Economy / Economics / Re: Confirmed, bull run begins now, what expectations? on: July 20, 2018, 01:52:11 PM
Nearly one billion dollars has entered bitcoin today according to cryptonic news item.This week has seen btc doing very well and all are excited.I know most people have individual plans for a moment like this,let's hear yours.

Well the rule is when crypto currency starts having bull run then you hold your assets in such situation. Making any move in this period is like calling for the risks by yourself. You can not buy in such situation because that would be like being FOMO investor. So if you buy then you will definitely loose money as bull run may turn upside down at any single seconds. So its better to hold your assets, hold the crypto currency trades and try to be long term holder only. I am excited, yes, but im not too excited about the current situation as it is just the beginning of the bull.
80  Economy / Services / Re: MOZO Sig and Avatar Campaign(100 open slots) on: July 19, 2018, 03:25:34 AM
Setting up things!

Btctalk name : Hui8
Rank : Senior Member
Current post count : 724
BTC address : 1E37Q1TZgV4EAq2eJvNs7fqnMvMNDQfo8W
Wear appropriate signature : yes
Wear avatar : yes
Pages: « 1 2 3 [4] 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!