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61  Economy / Economics / Re: Would blockchain technologies continue Its development without cryptocurrency? on: October 20, 2018, 06:11:10 PM
If blockchain can't maintain crypto's triumph, blockchain still has the opportunity to be implemented in industry or daily life. Because I’m pretty sure blockchain has a greater potential to be used and useful for humanity.
62  Economy / Trading Discussion / Re: Buy low sell high? on: October 20, 2018, 06:10:41 PM
That is the basic strategy buy low and sell high but after entering into the market the situation will not be according to our way, so we have to be very careful when dealing with the trading. So try some basic technique before entering into trading.
That’s right, it's very basic and there are more strategies available to earn profit from the market. Basically we have to follow the market, that’s why we have to be more careful if we enter the market because what we wished in market is rare to happen. Therefore use a good strategy to avoid losses and earn profits from the market.
63  Bitcoin / Bitcoin Discussion / Re: The cost and energy problem. Bitcoin - Miners role. on: October 20, 2018, 06:09:03 PM
Firstly, I do not know that topic have mentioned yet, so if there are some threads like that, please tell me.

there is roughly about 3-4 topics about this subject on the forum. search keywords like "power consumption" and "mining" and things like that and you will find them!

The miners quit and what happened next?

what you need to learn about is "difficulty" it is not some fixed number that rises with block height. it is a number that is mainly adjusted based on hashrate or in other words how many miners are there. if a miner quits, the hashrate goes down and the difficulty adjusts accordingly to make it easier to find blocks for the rest of the remaining miners. the opposite will happen when more miners come in and increase the hashrate.
it is done so that we have 1 block every 10 min or more accurately 2016 blocks per 2 weeks. so no matter how many miners there are we will end up having this much blocks in the fixed time frame of 2 weeks which is the difficulty adjustment period of bitcoin.
It's so odd that difficulty seems to not be well known with the new users, its a staple to how Bitcoin distribution works.
It’s true but it seems that this is the field of miners and they are newcomers who have just learned to be hodlers and learn about crypto from the economic side first, just a few of them who understand the technical aspects of Bitcoin.
64  Economy / Trading Discussion / Re: Patience is the most important thing on: October 20, 2018, 06:08:26 PM
You’re not completely wrong but still there are more the same or more important than patience, the most important is experience and common sense, after that is time, money, and emotional management. Patience is in emotional management because in trading a person emotion plays a very strong role.
65  Economy / Economics / Re: Currency Ban. 91 people died in queues outside ATMs and banks on: October 20, 2018, 06:07:47 PM
Whatever policies the government makes shouldn’t take the rights away of its citizens, looks like the policy wasn’t made well and seemed rushed, even though the demonetization wasn’t an easy thing and need a long time to be fully implemented.
66  Economy / Economics / Re: Friends reactions to crypto currencies? on: October 19, 2018, 08:27:44 PM
I started talking about crypto once to my close friends but it didn't seem to work well enough, he just agreed to all my words, knowing that I changed the topic to something else, crypto is not for everyone. Btw what is the correct topic for the economy sub forum?
67  Economy / Economics / Re: LIFE GOES ON. on: October 19, 2018, 08:27:03 PM
This all happens for a long time and it doesn't happen only in bitcoin, other markets also the same as bitcoin but it's different if bitcoin has higher volatility unlike markets.
When the price is down and almost reach the lower point many people will be panic, and people will sell their bitcoin because of panic and there are some people who don’t panic still hold it because they believe that the price will rise again.
68  Economy / Trading Discussion / Re: What about your trade? on: October 19, 2018, 08:26:05 PM
It seems that it’s one of the investment strategies that waits for long-term not for trading, and it’s for bitcoin to earn big profits. There are not many altcoins that provide good profits if you wait longer unless the altcoin has good potential in the future and will have expensive price if we hold it long-term.
69  Economy / Economics / Re: What should we focus on more? Demand or Supply? on: October 19, 2018, 08:25:07 PM
What I see here most are people who told to HODL, whatever happens, don't sell your Bitcoin forever, like that. They are actually afraid of not being able to buy Bitcoin back because the price is absurdly rise and regret later, but if we look at the price of Bitcoin it’s never same, in other words the price is unstable, I don't think they know this .
70  Economy / Economics / Re: Bitcoin after several years? on: October 19, 2018, 08:23:57 PM
I hope I'm not being grandiose, just like you, I want Bitcoin to be accepted and used by the common public and it becomes a common thing and even a lifestyle. Only a matter of time until it happens, for other things I can't think what Bitcoin will be in the future.
71  Bitcoin / Bitcoin Discussion / Re: How can we make people accept bitcoins as a currency? on: October 07, 2018, 06:14:03 PM
What for? I'm not being arrogant, but now Bitcoin is still not friendly to most people. The concept brought by Bitcoin itself will make them frown their foreheads and become skeptical. Just let them come by themselves when the hype comes back, stay focused on your business, don't think too much about others unless it brings you benefits.
72  Bitcoin / Bitcoin Discussion / Re: Bitcoin now in use Football Sports on: October 07, 2018, 06:12:58 PM
What a news!

UK based trading platform eToro signed an advertising deal with 7 Premiere League Clubs and paid them in #Bitcoin for the first time. So Bitcoin just got the Man Of The Match award.

https://twitter.com/Nebula_Exchange/status/1034722166502174720

What are you thinking?

There have already been a few crypto sponsorship in the English Premier League.

Wolverhampton Wanders are sponsored by Coindeal: https://medium.com/@altcoinbuzz/cryptocurrency-exchange-now-sponsors-a-premier-league-team-502da68d0bc0

The logo is even on their shirt sleeves:



Arsenal were sponsored by CashBet:

https://www.theguardian.com/technology/2018/jan/24/arsenal-seals-major-sports-first-cryptocurrency-sponsorship-deal



An ICO even sponsored a few matches: https://bitcointalk.org/index.php?topic=3117898.0

I'm sure it's only a matter of time before more companies start sponsoring teams. Maybe there will be one that sponsors the front of their shirt eventually. That would be very sweet.
Mostly or maybe all of it is gambling, it's time to spend coins and have fun lol. I think it's not strange if there is a crypto company involved in the sports industry, whether it become a sponsor or even making it a business field, but eToro's move is quite innovative and should be appreciated by the crypto activists.
73  Economy / Trading Discussion / Re: Buy This Dip or Wait ? on: October 07, 2018, 06:12:21 PM
In my opinion now is the right moment to buy because last year bitcoin almost reached $ 20.000 and now bitcoin is almost close to low. In past 2 weeks the price was around $ 6,000 + and if it’s increasing to $ 10,000 at the end of this year it could be a huge profit. Waiting even lower will be very impossible because I think the price is in recovering period and not a price decrease period anymore.
74  Bitcoin / Bitcoin Discussion / Re: Is cryptocurrency so difficult to understand on: October 07, 2018, 06:10:15 PM
Actually you don't have to bother explaining that, you’ll just look like a geek and your talk will just be a breeze because your talk is considered boring. You must know who you are talking to, there are many people who have closed themselves to crypto because of stigma and public opinion.
75  Economy / Trading Discussion / Re: trading on: October 07, 2018, 06:09:52 PM
We must have some knowledge about trading and be able to analyze the market in order to gain profits and avoid losses, maybe try to do medium-term trading to have experience in trading, because we have to keep up to date with the market.
76  Alternate cryptocurrencies / Altcoin Discussion / Re: Are old coins no more profitable on: October 06, 2018, 06:55:52 PM
I think old coins can still be profitable but for now it’s not the time for old coins to help pumping. Because there must be a time for new coins to pump old coins.
I don’t think those are really matter. If both of them are equally profitable I think it's still good to hold.
77  Economy / Speculation / Re: Bitcoin Market is down. on: October 06, 2018, 06:52:54 PM
We who already know about bitcoin will definitely not be surprised by events like that, because the price of bitcoin is very unpredictable, especially in drastic increase and decrease. But I'm sure at the right time bitcoin will be able to rise like it was in 2017.
78  Economy / Trading Discussion / Re: How to overcome my fear and how to start trading? on: October 06, 2018, 06:52:37 PM
If you are afraid, start with a small amount, allocate some of the funds you have then see how your performance is and how much you can double your capital. This is a step to get used to, if you feel that you are sure of what you are doing then add the amount you will use for trading.
79  Economy / Economics / Re: Evolution of Money on: October 06, 2018, 06:51:49 PM
That article is good to tell us about metals that were used in ancient times and also tells us that basically money is built from the trust of many people in that money. That’s a really good article in my opinion.
80  Economy / Trading Discussion / Re: Hodling on: October 06, 2018, 06:51:02 PM
When exactly did you buy Bitcoin? At this time, Bitcoin is weakening, it's normal if you said that, but try to see the overall chart, how is it growing? Did Bitcoin fall thru the last year's support point? I always regret not buying Bitcoin at times like this when the price is weak and suddenly Bitcoin climbs and breaks the resistance of few months ago.
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