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6321  Economy / Economics / Re: Bitcoin reduces unemployment on: September 09, 2017, 06:57:52 AM
In addition to reducing unemployment bitcoin can also be an alternative to find additional money for those who already work
Yes I agree with this in addition to reducing unemployment bitcoin able to supplement income for people who are already working, But indeed in fact true with the bitcoin able to reduce unemployment so bitcoin able to make people make money by alternative way.
In this case bitcoin is able to help our economy.
Yes i agree, because bitcooin can be their source of income. Instead of finding a job that not appliicable to their subjects. Bitcoin is for everyone. It can be access using internet. So if you have enough knowledge about bitcoin it can help you financially.
I’ll say the same. Bitcoin has changed the lives of so many people who are dealing with it and investing with it, thus bringing more opportunities for the people to earn money.

And I think it is playing a very vital role in eradicating the unemployment from the society and it will keep on doing so.
6322  Economy / Economics / Re: The phrase to describe Bitcoin on: September 09, 2017, 06:25:50 AM
In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."


Bitcoin can change everything. I personally agree that bitcoin changes the way I live. Because of bitcoin, I learned how to manage my time by making my list containing every agendas. Before, a day will pass that I only finish only one tasks but now everything is in balance.
yes you are right i also like you, i am now more disciplined in managing the time for having to divide between real life with this forum.
That’s great if you are able to manage our time very well now with the help of our respected member. Time management is an important rule to live a prosperous life. Only people who live a disciplined life can succeed in life, those who waste time always stay at lower levels of the society.
Very well said! This is what I think too. There is nothing in life which you can get without being discipline in your life. You need to be disciplined in your life and need to take care of your time in as much efficient way as you can. As we know, time is money. So it is up to you whether you make out money or not.
6323  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: September 09, 2017, 05:55:34 AM
It can't. And never can.
You may be right but I think nothing is impossible in this world. You can expect anything to happen in future. The way Bitcoin is earning so much fame in this much of time, I think it is not a big deal to replace dollar. I think if it happens, things won’t remain the same as they are now. You can expect something better then.
6324  Bitcoin / Bitcoin Discussion / Re: And We Are Back! on: September 08, 2017, 08:30:05 AM
In my own opinion I think we can reach back that price within a couple more weeks for bitcoin has to be stable first before recovering from the China ICO ban news. But I do hope it could recover back by the end of this week, I think a lot of people are wishing for that to happen. Either way, no matter how many stones are thrown at Bitcoin it will always find its way back and make a good comeback thereafter.
I am not very much sure about the time bitcoins need to reach the previous highest value but it appears to me that bitcoins are again going to put on a great show. Feeling enthusiasm in the air!
Last few days were really horrible, like a nightmare and finally the dawn is breaking now.
6325  Economy / Gambling discussion / Re: Did you ever lose time from work or school due to gambling? on: September 08, 2017, 07:09:25 AM
I am often late from work due to gambling. Did you ever lose time from work or school due to gambling?   

Its an early sign of addiction maybe? If you know you have something very important to do and just set it aside to gamble is clearly an early sign of an addiction. Just don't let it take your job away, gambling for profit is good but don't let it take away the main source of your income.

I sure it's possibly the sign of addiction. OP should realize that and then start to reduce gamble.
Gambling for profit is just a temporary, it's just can achieved for a sometimes, not all time and not constant.

after reading comments most of the people said it's a sign of addiction and I even not know that I am addicted to gambling.I must need to schedule my time.
I won't give it a name of addiction until or unless I come to know whether OP or anyone is unable to give up gambling but this is definitely an alarming situation. If someone continues this routine, I am afraid he would be an addict before he could even realize.
6326  Bitcoin / Bitcoin Discussion / Re: The Government Must be Winning! on: September 08, 2017, 05:49:05 AM
Cryptocurrency is representing a dream...a dream when we can get away from the control, power and influence of the government most especially with finance and economy. This includes minimizing the control of central banking on matter on matters of policies and economic direction.

However, correct me if I am wrong, the battle has not yet started and it looks we the many Bitcoin or crypto enthusiasts are on the losing side. We have just witnessed how a single pronouncement or a news can drastically affect the value of the Bitcoin market.

Now, what would happen if many of the big governments would one day declare Bitcoin to be illegal? Will it mean that realistically it is the government who is winning in this battle? Or is there really a battle in the first place?

Tell me your convictions and dreams regarding Bitcoin.

Now, what would happen if many of the big governments would one day declare Bitcoin to be illegal? Will it mean that realistically it is the government who is winning in this battle? Or is there really a battle in the first place?
  - This won't be happen for sure, because if you know what happened before in Russia and China these both country they banned bitcoin, right? but in a short period of time they revoked it. Instead, they'll ride on the trend also they adopt the system of bitcoin up to now. And for sure in the near future there are more nations are preparing themselves to make bitcoin legalize to their own country as what Japan did a couple of months ago.
You know what, I have same opinion but what exactly my curiosity is at the moment that to what extent the governments possess the power in the world of crypto currencies. If they ban bitcoins, I think it should not stop the usage of bitcoins as internet is under no one's control.
6327  Bitcoin / Bitcoin Discussion / Re: Have we underestimated Bitcoin? on: September 08, 2017, 05:15:02 AM
it's my first time to know bitcoin I underestimated and it turns out my opinion about bitcoin wrong, I just believe bitcoin after my brother succeed in bitcoin, since then I also invested in bitcoin and I admit my mistake about bitcoin
You admitted your fault and have already made a correction so now you just need to be happy and feel proud i yourself because most of the people are not like this.

Bitcoin is the future currency and it is going to progress even more. Mostly people ignore it at first sight but it is better late than never.
6328  Economy / Trading Discussion / Re: Tell me the trading strategy. on: September 07, 2017, 04:18:58 PM
My biggest problem in trading is that I was too brave to buy altcoin at a high price, and because of that I often lost my btc, even once I lost 50% of my btc when I bought altcoin at a price far above ICO.

So please give me feedback on this, what should I do?
First of all you need to stop your feelings of greediness , because when any coin is growing fastly then we usually get addicted toward that coin and thinking and dreaming to make lots of money . Because here my experience in the trading saying that don't make buy of those coins which are increasing rapidly .
So here question by you that which coin we should buy ? , Here my answer for you that don't make experiment in the trading and only follow the basic concept of trading .
Buy only those coins which have better reputation and potential and famouse and down by price in the market  and then wait until it get up .For such types of coins it is easy to rise the price because they are at low and everyone have better faith with that coin .
And second basic concept for you to don't buy those coins which have high speed of increasing price because that types of the coins are not safe to buy because that can be pump also .
[/quote

You will know what to trade, and how to trade. Make better returns and know your positions right or wrong in real time.This alone would save you a lot of money. AbleTrend is your decision-making tool in trading for either bull or bear market conditions. The signals are real time with sound, display
What is most important for me in bitcoin trading is the trust in bitcoins and then confidence in his skills. Life of a trader is not an easy one. You need to keep yourself updated with the latest price and make a quick decision before it’s too late. Your predictions must be based upon good analysis.
6329  Economy / Economics / Re: Bitcoin or gold? on: September 07, 2017, 03:50:51 PM
Bitcoin's largest gain in excess of Gold: Its purely virtual and can thus be sent over the internet to wherever in an quick.Gold's biggest edge over Bitcoin: You can hold it in your arms.
That’s true. For immediate results, bitcoins are far better than gold. We all know the fact that gold is pretty much stable in price for last decade and it is not showing any significant change in prices whereas bitcoins are capable of producing profits after every month or two. My vote is with bitcoins.
6330  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: September 07, 2017, 02:47:59 PM
Reading the responses to the recent topic titled, "I would sell all my bitcoins if…." has left me concerned.

The kinds of responses on that thread reveal a deep misunderstanding of bitcoin and the current monetary system in many of those who are speculating. Let's consider the scenario in which bitcoin reaches $1000 or let's say $10,000 per bitcoin. Many have said they will cash out if bitcoin reaches this point. Why??

If bitcoin reaches $10,000 it will have to be because the fiat currencies of the world are tumbling to worthlessness via a hyperinflation type scenario and bitcoin is the safe haven, which if you know anything about the current monetary systems of the world, you know this is inevitable. (there have been 3800 fiat currencies throughout history and EVERY SINGLE LAST ONE has crashed to worthlessness; a value of zero) Why would you then sell all of your sound money (Bitcoin) for a bunch of fiat money that is inevitably becoming worthless? I don't understand the logic in doing that.

If bitcoin ever reaches $10,000 per bitcoin, you will NEVER see me selling for fiat paper money. You may however see me having a shopping spree at Overstock.com or TigerDirect.com or NewEgg.com! I will be buying things I want with my bitcoin profits DIRECTLY WITH BITCOIN, not selling my bitcoin for paper fiat. Hopefully by then there will be many more options, perhaps even Amazon.com will be accepting bitcoin for goods and I can have my shopping spree there.

Point being, selling bitcoin for dollars seems counterproductive. Why convert your paper fiat currency into sound value storing superior bitcoin, only to sell all of your superior bitcoin back for worthless antiquated fiat currency again? Why not just spend the bitcoin itself to buy what you want instead of taking a loss by converting back into dollars which will inflate away eventually anyway?

Since we are virtually halfway to what everyone would have considered at the time of this post to be a ridiculous notion (that bitcoin would anytime soon be at $10,000 when it was trading below $300), we should have enough of an idea at this point to lay waste to the assertions made in the original post that the only reason Bitcoin would be reaching $10,000 is because the fiat currencies of the world are tumbling due to hyperinflation and everyone is turning to bitcoin to flee the ravishes of the evil central bankers, dear god save us all.

With bitcoin now trading above $4500 in a not completely volatile way, it is not the failure of world currencies that has pushed bitcoin to this price, but pure speculation. The OP also misses the irony of saying that at $10,000, they will never sell for fiat but would rather go on a shopping spree at various merchants, which is the same as converting to fiat anyway. The point isn't whether or not you cash out to fiat specifically, but cash out period to lock in your gains. If you do that with fiat or consumer goods, that's a distinction without a difference; it's the same effect.

If you're sitting on a pile of gain in a speculative asset, there's no reason here (and certainly no reason provided by OP) not to take risk of the table and convert to a more stable currency, which all the major fiats of the world are compared to btc, eve though it trades at $4500.
There is no need to give up on the most precious digital coins when you don’t have any emergency or need money desperately. Keep them in wallets because soon they are going to touch the unbelievable values making the investors new millionaires. Bitcoins are the assets of the future.
6331  Economy / Economics / Re: Bitcoin or gold? on: September 06, 2017, 12:30:43 PM
My question. Now is it too late to buy bitcoin? I've been thinking of buying btc from gold. But seeing the high price makes me rethink to buy

Considering the history of Bitcoin nothing is wrong time ideally for purchasing it . Also future seems to bright as many countries looking to leaglized the coin and this may boost the deannd much higher . Price would certainly be taking a high in coming time and you can book profits from the rise .

Also currently there is a little correction has happened so it's a buying opportunity at present .
If I’m in a situation where I’m to chose only one, then I will go for bitcoin. I don’t  really have time for gold, bitcoin is simple and is done online. Gold is carried out physically, and needs to be accessed immediately or near immediately. If you try to get into online sites that claims to store gold for you, then you’re likely to get scammed.
6332  Other / Beginners & Help / Re: Is this for real? I could be a millionaire? on: September 06, 2017, 10:54:41 AM
Many people who know Bitcoin from 2010 made the mistake of selling it cheaply or even lost the private key of their wallet and it happens very often, just move on and start to get Bitcoin back by buying or mining.
lol Grin I'm one of the people who lost their priv key. i was think that bitcoin not valuable like this. i was wrong. bitcoin the most expensive currency in the world Angry
I am not condemning you or anyone but it is a very careless and irresponsible act. Private Key must be treated as an extremely important information. Also, you cannot brute force a wallet (assuming still have that) for such a long key. It would take a lot of time.
6333  Economy / Trading Discussion / Re: How can I short the Bitcoin market? on: September 06, 2017, 08:16:07 AM
Why wouldn't you just google it?

Bitstamp. Btc-e, I think coinbase does it too. In terms of what the differences are, do your own research.
Very well said. Google it and you will find out all the possible ways of doing it and choose whichever best suits you. I think you alone cannot do the task. You definitely need a team of people having enough resources to do this task. Only then you’ll manage to do it in a way which you desire.
He needs a complete team to accomplish this task. Not only Google but many people who are already into all this and want to join you can also help you a lot in achieving your goal. I won’t suggest you to give up on it. Just try to select some passionate people like you who can enjoy their work.
6334  Economy / Economics / Re: The Real Reason to Hold Gold And Bitcoin on: September 06, 2017, 07:04:08 AM
Gold and btc are good investments. They may be different in a lot of ways but one thing common in them is that they both have great value. Holding gold and bitcoin offer good profit and opportunity to have a better income. And I think it is good to invest in both of them. But I would really choose btc over gold if you will ask me. And we all know the reason.
I have pretty same opinion regarding gold and bitcoins. They both are doing nice job. Gold is oldest of the investments. It was there when even paper money was not sued for buying and selling. Gold has very strong market but it is beaten by bitcoins simply because of its stable price.
6335  Economy / Service Discussion / Re: how to get rewad faster in bitcointalk? on: September 05, 2017, 09:58:27 AM
How to get rewad faster in bitcointalk, have trick? Smiley
There is no trick mate, everything must be work on mate. I guess you have to work for it first before getting a
reward which is a must because the bigger the reward is the good job you have. If you want an easy reward then go
to some faucet hub and harvest their coins. That is the only think I can think you can have the money instantly.
6336  Economy / Economics / Re: Reason why you should Buy bitcoin now on: September 05, 2017, 08:43:50 AM
Because bitcoin can be a great price in the future. If you start buying now and has a long term view in bitcoin then as early as now, start buying and it will grow as high as you can imagine it can be.

Well everyone are anticipating that so if someone is planning to buy some pieces of it he's never too late.
We are now experiencing again the ATH so many are selling theirs now but I think we should hold some so as the rally will continue again. $5000 is within our reach and will happen anytime soon.

Anytime is better to invest into the bitcoins if you are buying it with the aim of long term investment. If you want to make quick profits then wait for the correction and then buy; after some time when the price is higher then you can sell it in order to book the profit.
It is never too late to step into the world of bitcoins. Bitcoins are evergreen currency and investment as well. You have explained well that for long term investments, there is no need to wait for the right time but if immediate profit is wanted then it is worthy to wait for the dumping stage.
6337  Economy / Economics / Re: How to invest in bitcoin? on: September 05, 2017, 08:02:31 AM
I think bitcoin investment is very simple, by buying bitcoin at a low price and holding it for the next few years until bitcoin prices actually increase, and after seeing the profit from the price increase you just think of selling it or holding it back. In this way I think it is more effective. But it takes patience to wait for the price is really high.

Well thats the only way to invest  with bitcoin. Just buy bitcoin and hold it until the price is higher enough to sell for profit. You can also do cost averaging  and accumulate bitcoin and hold it. As of now, bitcoin is continuously rising because of news about it.
There are many other ways of holding/earning bitcoins like you can join signature campaigns and get paid in bitcoins. Same is the case with offering your services and be paid in bitcoins. Though directly buying bitcoins from exchanges is safe and easiest method but still it is expensive one.
6338  Economy / Trading Discussion / Re: How do you Panic? on: September 05, 2017, 07:28:50 AM
when i was a newvie in btc tradding i afraid all time when coin dump. but now a days i dont panic.
Same with me, when I was a newbie in bitcoin trading, I often panicked when the prices of the coin that I bought down, so I always cut loss and as a result I lost my money but now i am never panicked again because I'm sure the prices will rise up, but sometimes I'm still can not be patient and still doing cut lose 😁😁😂
This is very good that you learnt from your past mistakes. Being panic is never the solution of any problem. It hardly helps you except this that it makes you to decide something which is even worst. You need to have patience and remain calm even at the time of stress. This will help you a lot.
Panic would never a solution to anything except making some wrong decisions and a bad future. Every trader must digest this fact at his/her start that risks are there in the playground when you are playing with price charts, bitcoins, and exchangers. So be patient in your decisions and make sure of having a firm grip over it.
6339  Economy / Trading Discussion / Re: How do I grow my btc? on: September 05, 2017, 06:33:47 AM
Trading is risky and quick profit is like gambling! I advise you buy some promising altcoins, which are cheap now and it is a good time to invest to them! Please do your own research before making your decision!
yes, i agree with your statement bro, trading have high risk and if you want and quick profit trying invest to gamble or hyip, but not recomended for you, because hyip or ponzi scheme is BIG SCAM.

Trading is just like gambling but trading is safer than gambling, Holding a coin for a very long time will let you gain a bigger profit. If you are a trader with so much experience they already watch how the bitcoins increase its yearly demands and it is still going on today.

Trading is more safer that gambling because it is all about your decision on selling and buying through it you can control your self and your money on spending because you do need to search if it is the best time to buy or sell on that coin unlike gambling it is a play of lucky and a little strategy because it is all about random and you cant control it and also you can be addicted to it
Gambling is always in worse and bad option if selected against trading. You are not going to make something big out it if one is making gambling with all random and unlucky moves. Trading is risky too, but it is moving with some strategic schemes that made fantastic results if worked smartly.
6340  Bitcoin / Bitcoin Discussion / Re: I do not have the guts to buy bitcoins now. on: September 04, 2017, 03:47:47 PM
You do not have BALLS to buy BTC now? Well, grow some. My guts tell me we re going to see $5.5K before the end of this year!

Bitcoin's price is changing too fast so I'm guessing $7k before year end. Just pure hunch with no basis Grin
Bitcoin's price is always fluctuating and right now bitcoin's price is down on candle chart one hour https://cryptowat.ch/kraken/btcusd/1h
It will be increasing again and more expensive than today, in my personal opinions it will be at least $5000/BTC,
buy bitcoins right now is cheap than couples months later especially after Dev team of bitcoins fix the activation of segwit2x on bitcoins network and lighting network.
Price has kept to the rate of $4.6k+ lately, so I think that’s  one of the reasons that’s  keeping people from investing into bitcoin. But,  I don’t think that should be a problem. We still have more than 30 days before the segwit on November; more than 30 days.
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