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6121  Bitcoin / Bitcoin Discussion / Re: How to leave bitcoins as inheritanceafter your death? on: February 13, 2018, 01:53:53 PM
Don't you think Lawyers would be the first person to steal those precious BTC of yours in case of yoir death. Lawyers don't mess it with the real estate and properties because it involves legal things for the procedure to complete whereas if you give your private key to the lawyer he would definitely try to take it since there is no way once could ever find out about it.
The best method according to me would be trigerring a scheduled mail with the private key in it. The algorithm should be like it would ask you to send the mail to the inherited person every 3-4 months and once you are dead and you dont give out any response to it the mail would be sent to the person.
6122  Alternate cryptocurrencies / Altcoin Discussion / Re: I want a long term investment what s the best choice for now? on: February 12, 2018, 04:37:28 PM
You can go for ETH without any doubts since it is saod to be the most potential coin to yield high interest rates in a long term investment. I would definitely choose ETH because I know it's capabilities. I am not pessimistic about Bitcoin since I am a huge fan of it but I see that there are many difficulties for bitcoin to go through right now which is why many people are turning into ETH .
Apart from that Bitcoin is already at a higher price hence there are good chances for ETH to generate higher interest than Bitcoin this year.
6123  Economy / Trading Discussion / Re: A strategy for "surviving" in times of crisis on: February 12, 2018, 03:55:54 PM
This doesn't look like a strategy to me at all. It is more like a future story to me Grin Grin .
My best strategy during the time of crisis would be something like
1) Find out why the prices are dropping.
2) Analyse the charts and predict if the price will drop further.
3) Sell your coins and buy back at a lower price to gain an increase in capital.
4) Enjoy more profit when the price increases
For anybody who finds it tough to do the above should just hold on to what they have. Never panic. Chill out and stay away until the crash is over.
6124  Economy / Trading Discussion / Re: ETH or LTC ? on: February 12, 2018, 09:15:21 AM
I would definitely go for Ethereum if I was in your shoes since ETH is the best coin after BTC. It is about 10% price of that of Bitcoin. It is second best coin and is most likely to skyrocket in a few years. ETH has got a good potential to succeed since it is used by many ICOs for development and there are many traders as well who trade it regularly.
It is not that difficult to mine ETH and any person would mine ETH over LTc for a greater profit.
6125  Bitcoin / Bitcoin Discussion / Re: Some of my friends still think Bitcoin is scam and Ponzi on: February 12, 2018, 08:44:18 AM
Show them the graph which indicates the price of BTC at the beginning of 2009 and show them the current price of BTC as of today or in the beginning of this year. Tell them there are pretty good chances that bitcoin will cross $25k this year. Tell them the benefits of using BTC as a currency and let them know how much profit others have made investing in Bitcoin. At last you must say them if not bitcoin there are 1500 other currencies as well which still have a bright future ahead. They will then know that cryptocurrencies are here to stay for long.
6126  Alternate cryptocurrencies / Altcoin Discussion / Re: Difference between coins and tokens... on: February 11, 2018, 04:52:27 PM
The difference between coins and tokens is that coins are actual cryptocurrencies which have their own blockchains and are created solely for a purpose whereas tokens are something that are derived from other coins. Tokens are created and run on other blockchains. For example: most of the ICOs these days create ERC20 token which are created in the Ethereum platform because of its flexibility. We can consider tokens as an essence of coins where coins have greater functionalities.
6127  Bitcoin / Bitcoin Discussion / Re: What can be done to stop bitcoin price from sliding down again on: February 11, 2018, 02:29:36 PM
Trading is done by an individual but the it's result is faced by every trader. We buy/sell crypto for ourselves and as a result the price goes up and down. So there is pretty much nothing we could do but hold the coin and wait. We should probably just hold what we have already got and if possible, try to buy more in order to sustain the price of Bitcoin. Only when all the start buying BTC as they were before, the price might go up again.
6128  Alternate cryptocurrencies / Altcoin Discussion / Re: Reasons why Paypal is not a digital currency... on: February 11, 2018, 03:52:40 AM
I suppose there is a huge difference between the two PayPal and cryptocurrency at first sight:
- centralized system of PayPal and decentralized system of cryptocurrencies
- blockchain based transactions and balances of wallets are public
- transaction via PayPal can be returned, not like for cryptocurrencies
...
The first and the biggest difference here would be the type of currency. Cryptocurrencies, as the name says, are cryptographic currencies which are encrypted end to end whereas paypal supports digital currencies which are jsut a digital form of fiat currency. So there is a huge difference between the both.
Both use totally different technologies and platforms. Both have different uses and abilities.
I dont Nakamoto was inspired by PayPal but he wanted to change the way banking and financial platforms provide their services. Crypto is always best when compared to paypal or any other digital currency.

I got your point. Blockchain is cryptographic encryption on both end and most of them were decentralized and uses multiple servers for verification
but PayPal and Visa were using single data server that would verify the transactions between wallets.
So, this things and differences are one of the reasons why Mr. Satoshi Nakamoto got an idea that the world couldn't rely on Paypal and Visa credits as the replacement of Fiat but will be another revolution os technology that will transform into Cryptocurrency.
this fact had been mention on The Satoshi Revolution as well.
Yeah we can say it in a way that Nakamoto was influenced by it and wanted to optimize the financial system and rather created his own. Paypal and Visa are still associated with fiat currencies which is why I don't like it. Since the data is verified on both ends , it provides less/no anonymity than bitcoin. We must definitely thank Nakamoto for creating such a huge platform for us but it would been at a different level if he was still indulged with Bitcoin.
6129  Alternate cryptocurrencies / Altcoin Discussion / Re: Reasons why Paypal is not a digital currency... on: February 10, 2018, 06:17:56 PM
I suppose there is a huge difference between PayPal and cryptocurrency at first sight:
- centralized system of PayPal and decentralized system of cryptocurrencies
- blockchain based transactions and balances of wallets are public
- transaction via PayPal can be returned, not like for cryptocurrencies
...
The first and the biggest difference here would be the type of currency. Cryptocurrencies, as the name says, are cryptographic currencies which are encrypted end to end whereas paypal supports digital currencies which are jsut a digital form of fiat currency. So there is a huge difference between the both.
Both use totally different technologies and platforms. Both have different uses and abilities.
I dont Nakamoto was inspired by PayPal but he wanted to change the way banking and financial platforms provide their services. Crypto is always best when compared to paypal or any other digital currency.
6130  Economy / Trading Discussion / Re: TODAY IS THE BIGGEST HIGHEST BULLISH VOLUME IN THE HISTORY OF THE BTC on: February 10, 2018, 06:11:02 PM
From the last few days we can notice that Bitcoin is trying hard to break the resistance and start the bull run towards the next ATH. It already broke the $8000 resistance and has crossed $8500 as of now. If things keeps going on the same way I am pretty sure that bitcoin will soon recover the price drop and might cross $15 before this month ends. Lets see how well bitcoin does this time before any FUD or correction takes place.
6131  Economy / Trading Discussion / Re: How Traders 'pump And Dump' Cryptocurrencies on: February 10, 2018, 05:56:39 PM
I must say that pump and dump groups are one the worst things that could ever happen to you unless you "actually" know what you are doing. If you are a beginner and if you are thinking to join one of these channels/groups to make a good profit in crypto then I will advise you not to. First of all, it's not trading it is manipulation. I have lost quite a goof amount as a newbie in crypto which is why I stay away from it and advise others the same. But if you are an expert and what to play around with it and if you know what you are going to do then you can try your luck with it. Not to mention that you will loose your money if you are a minute late in the pump.
6132  Economy / Trading Discussion / Re: Price stability-The end of trading between platforms on: February 09, 2018, 07:03:50 PM
I dont really think it matters since price fluctuations are common in crypto and there have been many such instances when Bitcoin as well as other cryptocurrencies have showed huge volatilities in their prices between different exchanges. This is because of FUD which had been created by many FUDsters and negative news related to crypto. Although there were such instances, the price did again get stable. This happens in crypto and there is nothing much to worry about it.
6133  Bitcoin / Bitcoin Discussion / Re: Profit for one investor means loss to the other one? on: February 09, 2018, 08:26:27 AM
The other person not necessarily ends up with a loss. What if the purchaser in June 2017 doesn't sell it for $6000, and instead waits for the future increase instead like $12,000 for instance, so he still wins $2000 in the end. There's more to that in the markets, and it's much much more complicated (I think). But yea, whether we like it or not they're gonna be losers in the markets. There's always going to be those people who FOMOs in and panic sells out.

P.S. Correct me if I'm wrong
I would say you are a little wrong here. This is actually a matter of Time complexity where one has to bear the loss of the equivalent profit made by the other. So in one case, the OP is right. If there is no buyer then you will not be able to sell your bitcoins at all and vice versa. As the future chain continues where the person from future keeps buying at higher rates, everybody makes profit but as soon as he sells at lesser rate ( for example: panic sellers) that amount is lost and indirectly reaches the person who bought it at lesser rate. So yeah, it is complex and yeah, one has to loose money so that the other can make a profit out of it(but as long as the price is going up , everybody makes profit).
6134  Bitcoin / Bitcoin Discussion / Re: Wall street will turn ETHER? on: February 09, 2018, 07:31:38 AM
Don't know about Wall Street but Eth will likely get a huge spike this year. Eth has been the most dominant cryptocurrency after Bitcoin and it has higher potential than bitcoin which is why many big investors are investing in it these days. If the Wall Street turns in to Ethereum , I am pretty sure ETH will go more than double in just a short time. Not to mention that most of the ICOs are using ETH these days as a mode of payment, it is likely for ETH to increase its dominance this year.
6135  Economy / Trading Discussion / Re: Learnings from crash on: February 09, 2018, 03:12:46 AM
My lesson would be - Take a little profits as the market grows and the price increases.
We never know when a crash can occur and so it is better to take a small % of the profit out as the price might go down later and you will need it to buy the dips. I had been just HOLDING  all this while and I regret it as I cant make any profits in this dip.  The second is the common one which is that we should never panic sell. It makes a loss for us and for the others as well. Crypto is volatile market and so panic decisions often are the bad ones.
6136  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins are awesome! Why do you like them so much?! on: February 09, 2018, 02:46:24 AM
Altcoins are really awesome not because they are any better than bitcoin but because they give out larger profits when compared to bitcoin. While bitcoin would take it long enough to return double, cheap altcoins would take it just a few hours to make it double. Campaigns and bounties are just a bonus when it comes making profit. Although we can earn good money through Bitcoin campaigns, bounties can make us a really huge profit it runs successfully. I would say crypto itself is awesome.
6137  Economy / Trading Discussion / Re: From stock market trading shift to crypto trading on: February 08, 2018, 01:24:21 PM
Crypto trading is very different from stock market trading. Crypto trading is pure speculation and there is no analysis that could predict the price of the coin in future. So you gotta be careful and invest in coins only in which you think will definitely rise in future. Apart from that you must also keep in mind that the money invested in crypto is at high risk and you might loose all of it at once if you don't trade properly.
6138  Economy / Trading Discussion / Re: How to Come Back? on: February 08, 2018, 08:59:55 AM
3 MISTAKES OF YOUR LIFE
* Investing the money you don't own
* Believing in Ponzi Hyip
* Investing in Lending platforms

Everybody knows that these are the Dont's of cryptocurrencies. Never borrow money to invest in crypto as you might loose it all. Never believe in ponzi as those are only meant to steal your money from yourself. Never invest in Lending platforms as they always scam you.
6139  Bitcoin / Bitcoin Discussion / Re: Satoshi's vision has not been achieved! Why? on: February 08, 2018, 03:46:31 AM
The investors have not ruined any vision. On the contrary, they are the ones which keep Bitcoin alive and running, together with the miners. I acknowledge that it is still fairly complex for mass adoption, but the fundaments remain. And it is evolving and in my opinion, the implementation and use of the blockchain is changing the world.
Totally agree with this. Bitcoin is still young in the market and Satoshi didnt knew Bitcoin would grow so much in such a small time. The huge growth has resulted in many scaling issues which Satoshi wouldn't have thought of because if he would have then he would surely have created a solution for it as well. His vision is not yet achieved because only a few % of people in the world are using it right now. Once the amount of people using it reaches a substantial % I am sure his vision would surely be achieved.
6140  Bitcoin / Bitcoin Discussion / Re: What are the possible changes will happen if the bitcoin is legalized? on: February 08, 2018, 02:37:25 AM
"Mass Adoption" will be the first thing that is going to happen if Bitcoin is legalized worldwide. There will definitely be a surge in Bitcoin's price and the spike would be the biggest ever in the history which no other crypto would have acknowledged.
The currency will then get developed rapidly since legalization will result in many big companies implementing it as mode of payment. Surely somebody will take the initiative to develop the currency further and hence Bitcoin will become the beast in the market.
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