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6181  Bitcoin / Bitcoin Discussion / Re: Inquiries at Google and the rise in Bitcoin prices are related on: January 30, 2018, 10:37:57 AM
That might be true because I have watched it's video on YouTube how the man shows that the search queries on Google depicts the relationship between the price drop/rise in Bitcoin. But I do believe that it might also be that when a price drop/rise occurs the people search for it's related queries after or simultaneously as the movement is occurring. So I believe that the relationship is not 100% accurate and most probably useless since it is done after the fluctuation.
6182  Economy / Trading Discussion / Re: Good news from Ripple (XRP) on: January 29, 2018, 04:26:26 PM
This might be a good news for Ripple fans as Ripple's sales have been drastically going down after the recent dump. Though it had a huge pump this time as the price went as high as $4, the dump made the coin weak as it went back to $1.5 . It has been staying there for quite  a while now. This might be considered as a good time to buy some XRP as the dip is good. This news might boost up Ripple's price back to the $4 level.
6183  Economy / Trading Discussion / Re: BTC dominance halved on: January 29, 2018, 02:30:00 PM
Something will pass at some point if the tech doesn't improve drastically and soon. Nobody likes the $10-$20 fees to send a transaction, and it makes the whole thing seem pointless. Once we're seeing normal tx fees again we'll see steady gains. I don't really understand how Bitcoin surged so much with all of these scaling issues, but I love it. I never complain when my Bitcoin is worth more!
Even I think that at some point of time some coin will surely bypass bitcoin because one thing can't be at the top forever. Although I disagree with the fees because the fees is not much now as it has been reduced now to 40 Satoshis per byte which is 10 times less than what it was before a few weeks. Bitcoin surged so much despite the scaling issues because it was in the news and trend and everyone was investing in it regardless of it's huge fees. This is why the price went up so quickly. Since now everything is back to normal we might see a stable growth in a few weeks.
6184  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you using a hardware wallet for your coins? on: January 29, 2018, 02:07:15 PM
I personally don't have a Ledger Nano but would really like to have one. People say so because the ledger nano is considered as the safest among any of the options available. Exchanges on the other hand are not considered safe because it is their owners who are handling our accounts and it is them who are owning the private keys of our wallets. Anyone who owns the private key owns the coins. So it is them who are holding our coins whereas we own the private keys ourselves in the ledger nano.
6185  Bitcoin / Bitcoin Discussion / Re: How are your governments reacting to Bitcoin? on: January 29, 2018, 08:53:14 AM
Hello there... I am from India, and Bitcoin is still in the grey area here. It is not legal, but it has not been declared illegal either. But the government has explicitly stated that Bitcoin is not recognized as a legal currency here.

The government is still working on deciding a framework for it, but we have absolutely no idea about what its verdict will be. So, people here are trading in Bitcoin for short-term gains. Make hay while the sun shines!

How are your governments reacting to Bitcoin and what's its position in your country?
I can feel you bro as I am from India myself and it is really a pain in the ass knowing that the government is still not accepting bitcoin as a legalized cryptocurrency. Besides that they are conducting raids on the IT companies related to cryptocurrencies and the major banks seizing their accounts is another issue. With so much of negativity in the air, it really feels difficult to trade crypto in this country. But I do believe there is a real good scope for crypto in the future which is why I wont give up on it.
6186  Bitcoin / Bitcoin Discussion / Re: Invest now - should or not? on: January 29, 2018, 08:46:49 AM
Investing in bitcoin or not is completely your choice as we cant really say what's gonna happen next but if you would want to choose from ETH and Nextycoin then I would definitely recommend you to choose ETH as it is already grown so much and is in the market from such a long time. Dont trust any new comer as it is just a pure risk in investing in a new coin. It is basically trying out your luck. ETH is the obvious choice as it is already at the rank 2.
6187  Alternate cryptocurrencies / Altcoin Discussion / Re: Which Altcoin has more potential? on: January 28, 2018, 05:14:42 PM
If you are even planning to invest all of your money then I would recommend you not to since a wise trader always keeps some money to buy in the dips. You never know what the market could bring you next. So it is always better to have an amount ready so that you could use it in the future. Invest in potential coins like ETH, NEO, LTC and BTC. You can find the potential coins from coinmarketcap and make yoir own research before investing in any coin.
6188  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins with own Blockchain on: January 28, 2018, 05:07:00 PM
There are many coins and ICOs that run on their own blockchain. I won't be naming all of them but one since I find this as the most potential one among the ones I know of. The name is Soferox.
Soferox runs on their own blockchain and will be getting launched soon. The site is going to have its own exchange with multiple cryptocurrencies supported. It also has the ability to transfer funds freely on it's own exchange. The coin will be of very low price at the beginning and am pretty much sure that it will go to tens of dollars after the platform is ready.
6189  Economy / Trading Discussion / Re: when is the best time to do bitcoin arbitrage? on: January 28, 2018, 02:44:38 PM
Arbitrage trading is quite popular way of making money in a short while. It is easy to get money but at the same time it can be risky if not done properly. The best time to do arbitrage trading would be when there is a surge in bitcoin's price. When there are too many fluctuations in the market it is the best to use this opportunity to make some good money. You must be careful though while doing arbitrage since it is risky and we can lose money if we dont pay attention towards it.
6190  Economy / Service Discussion / Re: Why don't people realize the problems with cloud mining? on: January 28, 2018, 05:30:12 AM
There are only two reasons I can think of, that is making people blind from seeing the obvious scam.
*Knowledge
*Greed

Knowledge is for the beginners who want to earn cryptocurrencies but lack knowledge and get easily scammed by the cloud mining sites.

Greed is again for the beginners and for the others who want to earn more money in a short time. People should understand that there is no shortcut to money. Its an obvious scam.
6191  Economy / Exchanges / Re: Are Exchanges becoming too unstable ? on: January 28, 2018, 05:22:18 AM
Its all because of the traffic mate. There are thousands of people daily entering into the crypto world. Cryptocurrencies are taking the market by storm from the last few months. Right now it might have got stabled since there is no huge gain in the market cap. Exchanges might be feeling difficult handling these much users at the same time since there are millions of people accessing exchanges on a regular basis. At these circumstances they might be upgrading their systems because everyone knows that many other people will be joining the exchanges soon. I would recommend you using only the reputed exchanges as of now such as binance, bittrex etc... and stay away from coinsmarket,yobit and other crappy exchanges.
6192  Bitcoin / Bitcoin Discussion / Re: bitcoin rising on: January 27, 2018, 05:53:35 PM
There is a positivity in the market finally. After the long dip bitcoin has been suffering from, we can finally see it gaining in price. Further more, bitcoin transaction fees have been reduced now and we can say that it is back to normal fees again. This is positive news as it will attract many users towards itself again. The price might spike up again for which we have been waiting for from such a long time. The wait is finally over.
6193  Bitcoin / Bitcoin Discussion / Re: Bitcoin fees are reducing? on: January 27, 2018, 05:45:07 PM
Yes the bitcoin transaction fees have reduced too much now and it has become back to normal now which is a good sign of stability. Wee can expect it to rise in price again since the low fees might attract the users again. Many people sold their BTC just because of the ridiculously high fees charged for making transactions. Now that everything is back to normal we might see a gain  again. This might be the spike we were waiting for since the price fall of BTC
6194  Economy / Trading Discussion / Re: What to do in this Dip on: January 27, 2018, 10:58:20 AM
You say that your capital has gone down which means that you have already missed the selling points and there is no point of selling now since you will be losing money if you sell at a loss. You must never sell at a loss unless you are sure that the price of a coin will further go low. If you believe that price will go further low then you can sell now and buy more later but until then the best thing to do will be holding the coins and waiting for the right moment to sell. If you don't have nay clue what to do you better hold your coins than to ask others for help.
6195  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is crypto so hard to buy?? on: January 27, 2018, 10:36:48 AM
Which crypto are you talking about specifically? I have been in this field for quite a while now and my experience says me that it isn't tough at all to buy cryptocurrencies. In fact it must be a little difficult for selling it when the critical time arises. Buying it is easy as eating a piece of cake if you already have BTC. Just go to an exchange and deposit and then exchange your btc to altcoins/tokens. If you want to buy BTc then that's quite easy too as you can buy it from localbitcoins or directly through your credit card from the blockhain.info website and there are numerous local sellers you can find online for buying cryptocurrencies from them.
6196  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin affecting the Environment on: January 27, 2018, 07:16:38 AM
Wherever there is a growth in a currency it does affect the environment in one way or the other. Bitcoin as it has developed so much over the years have given many people a lot of opportunities to make huge profits. So it is affecting the environment in a positive way in this case. But on the other side it is ridiculously charging more fees to make payments and hence the it gives a negative impact on the environment. The media on the other hand are reporting only its negative effects which is further more affecting the bitcoin economy. So there are many ways through which Bitcoin is affecting the environment.
6197  Bitcoin / Bitcoin Discussion / Re: Are You Discouraged with Bitcoin? on: January 27, 2018, 06:46:28 AM
I am not discouraged with Bitcoin it is the people who are bitcoin as it is today. Bitcoin can't increase the fees by itself unless there are people paying higher fees for it to make their transaction complete faster. Everybody wants their transaction to complete faster and so they keep on paying higher fees. If they stop doing this for once , you will notice how less the bitcoin fees could be.
Bitcoin has been going very well until people became greedy for money and started manipulating BTC. One has to pay a price for the wrong deeds.
6198  Economy / Trading Discussion / Re: Trading with - and + percentage (%) on: January 26, 2018, 05:57:43 PM
You are doing it all wrong mate. You should never be trading looking at the %. You can look at it for references and analyzes but never make your trades in terms of % because it keeps on changing from time to time. For example a coin has $2 price and is a -5%. After some time the coin might be at $1.8 but the % is +2 . This does happen as the price of a coin and its % value keeps changing. How do you think the coin has -% even if it is at $100. Wouldn't it have been +% when it have raised from $50 to $100.
It might sound complicated right now but things will get simple as you make your journey towards the trading. Do read the basics and watch beginners trading videos from youtube.
6199  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: What is the best exchange site for Altcoins? on: January 26, 2018, 11:28:45 AM
Here would be the two exchanges I would recommend.
Hitbtc: Has around 250 coins and super low trading fees.
Binance: New exchange that now is the most popular and aims to be user friendly.

Kucoin and Cryptopia would also be good exchanges if you want to buy some of the smaller coins.
I won't recommend you to register in Hitbtc or binance since Hitbtc has been lately facing a lot of issues and which is why many have opted to quit it. At this stage it is risky to join it since the site may collapse any time. Binance is really a good exchange but it lacks many number of altcoins. Although it supports a good number of altcoins which can be traded and if your requirement has all the coins needed on binance then you might use it. But why am I not saying you to use it is because that it haa only a few altcoins whereas sites like Bittrex has a huge number of altcoins for training. It is a better option to  use bittrex when it comes for Altcoins.
6200  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When do you predict coins will be stable again? on: January 26, 2018, 11:09:31 AM
Your question is itself wrong my friend you should have been asking that when will the markets recover . By asking for its stabilization you mean to ask for it to be at idle price from a long time which it already is. The market is already stable now but is at low price. BTC is floating around $11k and is stable at this price. For it to recover the price it will have to gain $5k and return to the $16k price which is a little difficult as of now. May be within the next 2-3 weeks we might see a little gain.
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