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6301  Economy / Economics / Re: Bitcoin or gold? on: September 19, 2017, 10:34:14 AM
for me bitcoin beacuse it is eisier to find than gold. Because gold, you need to find very hard any places in this world,  bitcoin is easy to find, you can work in this forum, you can recieve btc
I think everyone has his own way of looking up at the things. I will go for Bitcoin only instead of putting my half money in Bitcoin and half in gold. There are couples of reasons behind it. You will not lose your concentration if you invest in either. Secondly, you will not be looking at the market of both of them.
6302  Bitcoin / Bitcoin Discussion / Re: SHOULD WE START LOOKING ELSE WHERE on: September 19, 2017, 09:53:53 AM
may be it time to team up against china and kick them out
China has not done anything wrong. Moreover, they are not the only ones who can control bitcoins. In fact no one can. Bitcoin is still progressing in western world so there is no need to worry about the future and keeping grudge against China won't do any good. However, the Chinese government should stop these small shows already.
6303  Bitcoin / Bitcoin Discussion / Re: where does BTC stand in terms of features in comparison to other altcoins on: September 19, 2017, 08:34:15 AM
I see bitcoin as payment mode stronger than other altcoins and bank system. For the other features you can use the altcoin that fill with what you want.
I think that the purpose of Bitcoin is so that people can spend their money anywhere in the world. Sending money online to another person with the same payment processor can be really expensive, that doesn’t include if the payment processor needs a transfer to a different one as well.
Bitcoin is a coin that could be used to send things online at a faster pace compared to the other payment processor so it would make some sense to think that people would use Altcoins to send cheaper transactions?
I guess it depends on what the user wants and how that person issues a transaction.


But already on the second post the poster said that the community turned down a fork that would make speed of transactions 4x the current one
how is that going to help with mass adoption which I believe is something that the community wants ?
Honestly friend, this is the perfect move for the present. It is the need of the time to give investors a feel of security and certainty of profits. If the core succeeds in this, definitely they are not going to reject the LN forever. With the increasing transaction, they will introduce new technology also.
6304  Economy / Trading Discussion / Re: What's your trading style? on: September 19, 2017, 07:42:22 AM
i prefer in long term  with solid coins like eth ltc xmr and also keep 15-20%  for short term trading and always keep atleast 10% in bitcoin for shopping days like the current situation xD
Why you do opposite when we all know that bitcoins are best for long term trading or holding. These little useless craps named altcoins are not worth of collecting in large proportions. I don’t know why you are not in favor of holding bitcoins for a long time; let’s see what happens to you in near future.
6305  Economy / Trading Discussion / Re: Is there any recommended amount or percentage of each coin you should hold? on: September 19, 2017, 06:46:14 AM
There are no exact percentage because it is all up to you, how much you want to make profit and how long you want to keep your investment, for a long term I suggest 75% of Bitcoin and 20% of eth and other 5% could be litecoin or ripple or BitcoinCash, but if you want a short term I suggest 50% of Bitcoin 20% of eth and the rest of the percentage is the mixing of the alt coin, it can be ripple, litecoin, OMG, nxt, nem depend on the market trend
Yes, there is no certain thumb rule for this. It is up to you and it is you who has to decide by keeping in mind all the possible factors. I think of you want to earn more money, and then you should definitely keep a significant amount of your earning in Bitcoins. You can have a small portion of your earning in order to fulfill you daily based needs. The choice is totally yours. Do what seems best suitable to you.
Indeed! There is no need to keep any particular amount of money in your account or like wallets. You can keep whatever amount you like or probably afford. But it is not ever recommended to keep your coins all the time in wallets, you need to wake them up from slumber and use them for fulfilling your needs.
6306  Economy / Economics / Re: Where did you first heard about Bitcoins? on: September 18, 2017, 10:12:28 AM
In my country, Bitcoin is attached with Multi Level Marketing, Scammers,HYIP,etc.. ( always something bad ). That's the same way i heard about Bitcoin from my relatives. But after that i make a research for myself, just because the lack of knowledges ,bad guys are using it to trick, scam people . Bitcoin is information secure so they're safe without busted. Bitcoin is just a valuable crypto currency not criminals. Only how you using it will make what it becomes.
That’s what m pint exactly is, no currency is good or bad by nature. It depends on us how we use them, if we are not going to use digital currencies including bitcoins for wrong purposes like for scamming people or in drug dealing, then that’s again the fault of the users, not the currency at all.
6307  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you think LTC go up soon? on: September 16, 2017, 06:18:53 AM
In this year LTC will reach the price 100 USD. Easy
agree. 100$ is just an easy target. With active dev and many update. But if China ban bitcoin they will also ban litecoin. That will make ltc can reach that price in this years because we have many support from China
Litecoins are not that bad and they are among few best altcoins and I am pretty sure about litecoins touching the target of 100 dollars before the inception of 2018. It is good time to make a nice collection of litecoins when they are really not much expensive. These coins have potential to give us little pleasures.
6308  Bitcoin / Bitcoin Discussion / Re: The Real Reason China Banned Exchanges? Cryptocurrency is a Ponzi Scheme on: September 16, 2017, 05:24:41 AM
My only problem with crypto is the ability to fork and produce lots of money from nowhere - otherwise it is perfect for me.. man, I hate that practice, wish they could find ways to address it . We don't want crypto to  become another fiat. All "Regulated" Governments constantly print trillions out of nowhere. Crypto must avoid copying the "governments" by all means.

I won't deny a single word of yours. In the case of fiat, the Federal Reserve manages the money supply. In case of people hoarding cash, then it will pump massive amount of cash into the system causing the value of said cash going down slightly, hence stopping people from hoarding money. Same is happening with cryptos now and it is a sad thing.
6309  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: September 16, 2017, 04:52:37 AM
They save bitcoin for a long time because they know that the Bicoin price will go not double, triple but 4-5x it's price of today. Just like 5 years ago many people ignore bitcoins just look what's the value of it today many people invest bitcoin past years ago and look at them now, they're now rich because they wait for the right time. The benefit of saving for a long time is the longer you hold your bitcoin the more richer you're going to be in the future.

Well let's have that history can repeat otself, it may took too long now before it increase again into 4-5x of its value now since some countries were banning it that gives too much affect on decreasing of btc.
Not some countries, only China is taking this foolish step of banning bitcoins and I don’t think so this is going to harm bitcoins and their popularity in anyway. You are quite lucky if it is really very easy for you to convert bitcoins into cash and I want more exchanges to be made everywhere in the world for cashing out bitcoins.
6310  Economy / Economics / Re: BTC as a national currency? on: September 16, 2017, 04:21:39 AM
In near future we will see this happening. But not sure for name of currency. Maybe bitcoin or estcoin or greekcoin.
Wait for Eurozone crash to see crypto currencies as a national currency. Eurozone will give us good opportunity.

Nothing such is going to happen. I don’t think so bitcoins are going to be used as a national currency by anyone. Bitcoins are never ever going to be owned by any single state because they are meant to be sued by everyone. They are created to be used internationally for buying and selling purposes.
6311  Bitcoin / Bitcoin Discussion / Re: I made my first purchase of bitcoin. too little too late :( on: September 15, 2017, 01:50:32 PM

I guess I am too late to the train but I made a small purchase of a fraction of bitcoin lol. I am not rich by any means. Hope this is a good decision lol Wish me luck. Where do you think BTC will be in next 2-4 years?
Although you only buy it a little bit but it will make you a good profit in the next few years, because bitcoin prices have the character to continue moving upwards.
Don't be negative on the thing you actually made. It is a good thing becasue you could actually earn with it for the future but if you have doubt in bitcoin , it could be better if you will consider on dealing with other ways for you to earn just like signature campagin where you could earn while learning the system of Bitcoin.
No don’t be panic it’s not late you will get reward soon so just wait for the right time to struck and you will get the benefit have faith in bitcoin and  yourself . Don’t worry and stay calm and moreover you will neglect the negative aspects and just think how to increase your revenue just put a keen eye on market and then sell and buy.
6312  Economy / Economics / Re: Moment for buying or selling? on: September 15, 2017, 11:08:30 AM
a good moment is to buy at the time the price goes down and sell at the time the price goes up, but do not sell all, hold some who know the price will still be high again
This is the basic rule of trading world, "Sell High Buy Low", but to mark the right time is very vital part. Also, selling all the asset at one time is not a wise idea. In case of bitcoins, it is better to sell only the required amount. Bitcoins can return huge profits only just by holding.
Yeah just by holding bitcoin for a long time will definitely benefit, so in trading is not recommended to sell all the assets we have. but I see for now is a good right moment to buy.

Agree because the price of bitcoin drops . It really drops yesterday but now It is coming.back again . Yesterday and now will be the best time to buy bitcoin because of the dumps.lately it.will be back soon and you can get a ton.of profit from it
I already took the opportunity of it's dumps. Converted back y fiat into btc. We can see it will increase. Never panic when dumps happens, abuse this opportunity for the future pump.
There is no need to panic with bitcoins ever even if they are going through some hard dump. Hard dumps are simply methods of providing us with opportunities of buying more bitcoins so that they can make us earn big profits during pumps. I always buy bitcoins in dumping phases.
6313  Economy / Economics / Re: Money above all things, Yes or no ? on: September 15, 2017, 10:15:53 AM
no, money is evil, it can turn a good person bad.
I utterly support your remarks about money. It is the most evil thing ever mankind has come across. Many have made many people criminals. Some few numbskulls have made money the most important thing for the world and these are the devils that are controlling the world economy. Don’t do unethical things for money at all.
6314  Economy / Trading Discussion / Re: What is the Biggest problem you have with trading / exchanging? on: September 14, 2017, 07:51:42 AM
Grin the biggest problem is too many coin. So Hard to follow information of many coin.
You are very much right. I think you can only be good at trading if you have good IQ and that you can manage the things well. This is what trading is all about, you need to have information of what all is going around in the international market. If having information of so many coins seems difficult to you then reduce the number of coins.
6315  Economy / Trading Discussion / Re: Insurance or cryptocurrency investment? on: September 14, 2017, 07:17:42 AM
Who have seen the future after ten years with an insurance company which is having all those tiny terms and conditions written with smallest font size and you won't able to read it after ten years from now. That would be shitty to keep it in the insurance box and they just turn the conditions when it comes to availing the same. Better pull it out now as the time us right to invest your money into bitcoin and other altcoins. If you see future of bitcoin ten year from now then it's just blooming and you are already millionair believe me. I'm not talking in the air but that's the fact and facts never change. Look at the bitcoin currently it's been very successful since the start of it and growing over and over again. Don't regret after ten years just enjoy the investment at this point.


You are absolutely right. I can hardly see any benefit of investing any money in the insurance. One can hardly get any significant profit by investing in insurance. On the other hand, Crypto currency investment is a guarantee for a bright future with a lot of profit and money. You can get a huge profit from it.
6316  Bitcoin / Bitcoin Discussion / Re: When will banks start a war against bitcoin on: September 14, 2017, 06:45:21 AM
I do not think that will happen. We need banks for the economy. Tell bitcoin to become such a huge bank to shut down. How will you handle fraud? How will you borrow? This is not possible without a bank, and bitcoin can not solve the problem like this.

Yeah I think it is quite possible that banks start a war against bit coin soon because of its increasing popularity among the people belonging to different regions of the world. Banks feel more unsecured because of the following characteristics of bit coins:
   Encrypted virtual currency
   Anti theft
   Exponential growth
   Decentralized currency
   Globally accepted
6317  Bitcoin / Bitcoin Discussion / Re: What are you using bitcoins for? on: September 14, 2017, 05:13:52 AM
I use bitcoin according to what I'm looking for, for example for trading, buying clothes, treveling and sometimes I also use bitcoin to play poker  Grin
Well I am using bit coin for my savings in crypto currency and long term investments in it for my future. I usually exchange my bit coins for USDs when I need physical money to support my family other necessities of life. I often use bit coins for sale/purchase of various products online.
6318  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: September 13, 2017, 09:56:39 AM
Holding of gold and holding of btc both are profitable in the long run. Maybe holding btc actually is better because the price is riszing quickly and highly, the gold price is slow and more stable, but its also valuable since it lose never its value.

Yes, both are very beneficial. If you want to take risks with getting rich in quick time we have to hold bitcoin, but if we do not like taking big risks and want to be more safe, gold is the right choice.
 
I think holding bitcoin for long periods is not included in big risk investments, many people say that bitcoin prices will be much higher in the next few years, because bitcoin has the potential to continue to grow, I think if you want to be patient then the risk on bitcoin will decrease
Definitely! This is what I think too. I am very much positive in this aspect. The way Bitcoin market prices have increased in such a short span of time, I think there is no other best option than holding a Bitcoin. Gold is also valuable but it is not that much valuable as is the Bitcoin. I will go for holding of Bitcoin.
6319  Economy / Economics / Re: Some things to consider before starting a business on: September 13, 2017, 07:45:16 AM
-snip-

All you have listed are practically what every business by default knows but at the same time, while some succeeds some others fail and stop existing. Either way, one basic thing to have is understand the need you want to fill as a business inclined individual and clearly state your target market because without these every other thing becomes impracticable.

Of the 100% of businesses, only 5% remains successful as the remaining 95% have already given up and chose to just close shop. The key thing is to first know if there's a demand for such a service/product before starting to build one. That's basically what's wrong with those who closed shop: they haven't researched too much on their target market that's why they ended up in a flop. Also, from what I'm seeing on today's markets, one product goes in trend and many shops market the same product without innovation. That will greatly saturate the market ending up in great competition, so the best possible thing to do is to think of something unique before setting up your own shop. Innovation is a big edge in creating a business, as people would be curious in your product and end up trying it and *might* like it.
I will say consider following things while starting your own business:
   First all study and analyze market for feasibility of your business.
   Then start focus on the things that are most important.
   Advertise your business.
   Find new things to compete others in business.
   Make your decisions wisely and patiently.
6320  Bitcoin / Bitcoin Discussion / Re: Bitcoin on Uber on: September 13, 2017, 05:12:28 AM
Meanwhile, bitcoin just got integrated with Uber for tipping drivers. Isn't that a good news?

https://twitter.com/Melt_Dem/status/895466611477544960

I have never heared about this news here in our country but I will check it myself and confirm in on uber as I always using their service here in our country.
That's the point. Uber accepted bitcoins as a payment for its services a long time ago but not people of all the countries are able to avail this facility. I don't know what the main problem is. Are taxi drivers not aware of bitcoins or the customers have not heard this news yet ?
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