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6321  Economy / Speculation / Re: Bitcoin Diamon is TRADING at yobit now! on: December 01, 2017, 03:28:30 PM
I am not surprised.
Any exchange that would be the first to list a shit coin will always be Yobit. However, I do not understand what you are driving at by getting scammed. BTG did not scam you unless you ended up dropping your private key into a phishing website.

It is better you wait for them to have a viable wallet first before doing anything and be sure people have been able to make use of the wallet.
6322  Economy / Trading Discussion / Re: should i buy btc now or sell? on: November 29, 2017, 01:26:22 PM
The price is dropping as of the moment so its better to really want for the price to really go like $6000 before making your decisions. I think btc has been dumped in favor of bch which is now above $1000. However, I consider this a good and healthy correction for btc and sometimes we need to see this kind of happening. This is a good test how btc market is strong and those bch pumpers will soon realized that its better to go back to btc. They will just take profit and will either moved to btc again or altcoins in the next days or so. So better hodl on your btc and not cash it out with this panic selling.
Just see the price chart with more care than normal at the time of buying and selling. You must have to be vigilant when you are encountering with such situations. For now, as you have said it right that this is time of buying because bitcoin prices are going done for every other movement. But you must wait a little more as the lowest as you can find it, then buy. Gets more profit.

Not happening. We've just hit another all time high and if we wait, it maybe a bit too expensive already. If you believe in holding for a long time, then buy. I personally believe that btc will exceed 10k close to jan or feb so i'm not selling unless i really have to
Except for someone who is trading (day or short), there is really no point selling at any time and it is always even better buying as long as there is cash.

For someone trying to sell at this stage though, they can decide to risk it and go ahead. I expect once it reaches close to $12,000, most traders may want to sell and which may result to some corrections which you can buy back, but you have to be very careful as anything can happen so you can know when to quickly get back in.
6323  Economy / Trading Discussion / Re: Holding BTC vs Day trading or short term trading. on: November 29, 2017, 11:53:14 AM
Day trading or short term trading is better than holding bitcoin because you maximize the volume of your bitcoin but their the risk of getting losing it if your not good in trading.
Yes, at least, these two helps you to keep increasing what you are holding. It is more like having the function of holding and benefitting on the value and as well increasing what you have in numbers so you can even get more from it. Based on the risk though and how long I have been trading, it is a worthy risk to take for the good course.

If you asking here about that, you will get some various answer and opinion.
In my opinion, if crypto trading, i will do long term or holding my asset and selling them when its high.
Thats my prefer.
That is normal and that is based on everyone's experience. However, even holding for a long term is still more like trading but what you are looking at is to hold for a very long term rather than taking advantage of the volatility which though it is risky.  Holding is less risky, but like they always say, the more the risk, the more the potential to earn more.
6324  Economy / Economics / Re: could bitcoin be replaced by another crypto currency? on: November 29, 2017, 07:53:34 AM
Often different project were getting into existence with varied accessibility features. But none were that solid as bitcoin in terms of growth. This gives me a belief that, however advancement take place bitcoin will lead the track and nothing is gonna replace bitcoin.
When you start first, there is always that thing with trust that would keep pushing you forward and that is the first movers advantage. Bitcoin has experienced a lot in quite a huge number of years with some pretty good development, so do you think investors would give up that for a coin that was just born yesterday without much transaction and just promise of something better ?

Checkout what happened to ETH that gave birth to ETC, which I guess a lot investors learnt their lesson. This is one major reason it would be very hard for bitcoin to get pushed out that easily
6325  Economy / Economics / Re: do you know about improper use of bitcoin? on: November 29, 2017, 06:37:50 AM
according to different observation i think few ways are available for abusing bitcoins transections such as Technical weakness , Greedy peoples ro dishonest people , proper management. i would like to describe above mentioned quotatin in briefly
1. technical weakness: we know its a peer to peer transection system throgh confirmed way. within a few second a dishonest  person can get more money by fast  clicking when submit second payment of different recipient.
2. proper management: there is so many lack of proper management of human or account holders. so many hackers want to hack system for getting money because bitcoins holder don't have any insurance like bank account holders. even government don't follow rules and regulation for virtual currency holders.
So what you think about it ?

Pretty confused about your first point, I'm guessing you're referring to a bug being exploited on a third party site or something like double spend which isn't possible in every case.

Regarding your second point, the Bitcoin system is foolproof and can almost be called hack resistant, at least till the 2030 as told by cryptography experts. The only way that any sorts of losses could be incurred due to hacks would be on fragile third party sites offering exchange/wallet services.
Even the cryptography experts said that by 2030; only the supercomputers will even be able to achieve that but we may just have to wait until then. I am not sure even the Tianhe-2 can even achieve that for now.

Moreover, one thing I am sure of is that a lot of changes will always be made in technologies that would really make it hard for even some of these new devices to be able to achieve this and I believe bitcoin devs would not even sit and relax to let that happen.
6326  Economy / Trading Discussion / Re: What if everyone withdrew their coin in fiat? on: November 28, 2017, 06:32:14 PM


If all people around the world withdraw BTC. I'm sure that it will fail. But I think that there is no reason to people do that. Bitcoin is still rising, investors still hold to get profit



Yeah but this question is completely imaginary and OP wants you to think in that way where what if everybody goes crazy like that. :-)


I think nothing will happen, except the thing that bitcoin will loose its market capitalism and there will be no value for it. All the exchanges will be able to pay everyone because obviously if the bitcoin was bought before then it was bought with the same fiat which will be floating around the internet or in the bank account of those big exchanger owners. :-) So surely if demanded then they will have to pay it and they will because we have agreement upon that. :-)
I really doubt if exchanges will be ready to meet that demand or worst that could happen is them listing at the value they are willing to buy which obviously in this case would be very low and what do you think would happen in such case, everyone may only just end up selling for losses or they may just have to hold whatever they have and accept that it is worthless.
6327  Economy / Trading Discussion / Re: job and trading together.. on: November 28, 2017, 05:53:23 PM
It's good if you have regular job and you'll enter the trading industry. In trading you must always be watchful on the current market from time to time. There are many means that you can learn more about trading. You can search on google and read threads in this forum. There are helpful threads here that would add up to your trading strategy. Though trading is quite hard  but the profit you will get was all worth it. It needs your time and dedication as well if you want to succeed.
In order for you to be successful on both you need to manage your time effectively, trading requires a lot of time especially if you are a day trader.
Time will come if you really want to be a successful trader and you are feeling you have a chance, you will think of quitting your job to focus on trading, most successful traders does not have a day job because they understand that they can make more money in trading.
Generally in life, time management is a necessary skill to be able to achieve a lot. However, like you have said, it is even more needed in situation like this, when trading on its own is not an easy task and depending on the kind of job you are doing, you will just have to find a way to blend all the time in and find ways to do each one without affecting the other.
6328  Economy / Trading Discussion / Re: Day Trading on: November 27, 2017, 07:18:26 PM
$200 is a good amount to start with. When you make it a $1000, that means you are doing it right. At that point feel free to add a bit more.
And when he has lost everything or the $200 has turned to $10, then that means he is doing it wrong right ? Grin The thing is that he is even doing it wrong at this moment. I can bet my gold tooth that the bitcoin is not skillful at trading at this moment and he should better not gamble with his money, because there is no difference between a gambler and someone that is trading without skills and knowledge.

If he is good, he should know already that, the more you trade, the more you get... No two ways about it. He can decide to trade $50, that won't stop him from making profit if he can handle it well.
6329  Economy / Trading Discussion / Re: how to play fast on trading ? on: November 27, 2017, 06:38:59 PM
can you explain this description (how to play fast in trading).?
because I am still a beginner (newbie) and want to learn from your experience all.
thx  Smiley
If you try to play fast, then you will end up losing fast. There is no fast way to trading, you have to take your time, monitor the charts and make a decision based on that. Most people who try to do a fast runs while trading are those who always end up as FOMOs, trying the get in when the market is already moving up and then either getting lucky or getting screwed.

Trading fast and no commiseration about your money at all can give you so much risk to start with and more consequences will be going into your way. Even the expery at this find it risky sometimes with all the countermeasures then how about you and your so called fast method would put you at so much risk everytime so be patient and dont look for past pace trading just go on the normal way.
In fact it is a huge risk and that is more like gambling based on pure luck which is extremely risky. In life, people have always been known to be looking for shortcuts and it would then be too late when they end up realizing that there is no shortcut to being successful. They then start all over from that part they skipped or some even just end up bailing out after a huge loss. Trading is not a game, it has to be done well to earn well.
6330  Economy / Trading Discussion / Re: Which knowledge is important for crypto trading? on: November 27, 2017, 05:56:06 PM
Where can I find these pump groups? Another newbie asks.
If you are looking for a pump group, then look no more cause you will not find any and if you do, be ready to lose all your assets.

Most of those pump groups were found on telegram back then and the followers of those calling the shots ended up realizing that these guys are only using them to make profit for themselves at the expense of gullible followers who ends up holding a bag of shit coin or even selling for losses. Learn yourself and make trading decisions on your own.
6331  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is the price of bitcoin so high on: November 26, 2017, 03:03:14 PM
The main reason behind it that its supply is dropping and people want its in their portfolio and want to buy it at any price. In my opinion, it can go upto 1000$v before this year end.
I guess you were trying to say $10000 and not $1000. Right, bitcoin is really making some huge names for itself and a lot of investors are getting interested each and every day, which is why we see the demand increasing.

Like you said, so many people while considering it as an investment have decided to keep holding what they have presently except for those who may have some pressing needs or their job and salary revolves around bitcoin. As long as there is a value for it and over time, the usage for it becomes clearer, bitcoin will always soar.
6332  Alternate cryptocurrencies / Mining (Altcoins) / Re: Is there any cryptocurrency which can be mined with a laptop? on: November 26, 2017, 01:25:15 PM
You will just ruin and destroy your laptop. It is better and profitable to sacrifice some money to buy the techs for mining. If really want mining you should earn for it. It may not be easy but it will be worth it once you've assemble necessary parts. Dont risk you laptop. You can always participate in services tokens bounty if you really dont have money.
Like someone will always say, if you want to do it, just do it well. Although, sometimes, for learning purpose and to have an idea, picking some altcoins may not really be a bad idea but I totally agree with you that you will be overworking your system which probably may not be built for such a huge work like that.

It is better to do some research and set up once and for all if someone wants to really go into mining properly.
6333  Economy / Service Discussion / Re: Cheap electricity for mining Bitcoin on: November 26, 2017, 08:23:47 AM
You can always do off grid electricity work like solar panels, or you can use public spaces maybe for bitcoin mining (lol)

Rent an apartment with free electricity, or get a hotel room and break even mining!
You're right about getting a solar panels but getting a hotel room is off the limit and it may leads to misconception or been jail. Don't you know how the cops chase miners in Venezuela?
In my opinion those who want to mine bitcoin for cheap electricity they should start mining in Asian countries like China, India where the cost of electricity is low than that of European and American countries. I my eyes there is no other options to have cheap electricity because if someone wants to mine bitcoin in England he would have to pay huge electricity bills for mining bitcoins.
Yes, for someone who really wants to take up mining, then this should be a very good consideration.
Either to find a way to relocate to some of the countries with extremely cheap electricity or just find another means of investment.

Mining is not a must as there are some other form of investment, so it totally depends on each individual and how they really want to go about it anyway, but you have to be sure of what you want to do before you even start.
6334  Economy / Trading Discussion / Re: Time management. on: November 25, 2017, 06:44:24 PM
Time is money how you you invest you will get same output,Make the list of priorities which give you more benefit as your investment of time and follow it with consistency. If your priority trade spend more and it and rest on campaigns and updates,if you want serve and want to get more knowledge then spend on campaigns and readings .
Time is really money which is why it is highly valuable. The day that I totally understood that time waits for no one, was the day I decided to take control of my time and make the best use of it which made me to take time management seriously.

I plan my day, I stick to my plans and I make sure at the end, I can say with confidence that it was productive. If one ends up not managing it well, one would end up doing insensible things until we discover that it is all wasted which cannot even be recycled.
6335  Economy / Trading Discussion / Re: Which one is a better investment Bitcoin Or Ethereum, on: November 25, 2017, 05:51:06 PM
Technologically speaking I would guess Ethereum would be a better investment due to the technology behind it but I would stick with Bitcoin for the time being because it is more often in the news and more people know about it.

Maybe in time that will change but I don't think that will happen any time soon.
Looking at some of the issues Ethereum has had and is still having with security; I would not be too comfortable with Ethereum as any of its competitors can easily come up with something crazy now and end up shifting it from the road.

It is a huge market, and as much as I really want to believe Ethereum to be a good project with has given birth to a lot of tokens, anything can happen.

For bitcoin though, this is one coin that has been able to gain support over the years being the legacy, and it is a total ball game with Ethereum so, I would not want to compare much, but based on increase possibilities in value, Bitcoin obviously would surpass.
6336  Economy / Trading Discussion / Re: Volatility on: November 25, 2017, 04:45:51 PM
Volatility is a matter of time. Just keep your eyes open and don't forget that only in May'17 BTC was around $1300)))
Moments like this when one sees a little balance like this for a while most especially with bitcoin always come with another huge resistance break and then we see another bull run testing a new ATH. Volatility is one of the major characteristics of cryptocurrencies and it cannot be over. With that, Trading has been very boring and not too crazy for a while now until we start seeing another change in trend.
6337  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: The best plataform to trade altcoins and why on: November 25, 2017, 03:22:14 PM
Why do you even have to use alt coins. You will find many traders here who would like to trade in btc but also ALTs if they need it. Best way is to just convert your ALTs into Bitcoin with the help of bittrex for easy trading. Also you will find trusted member here to trade with rather than just trading with someone you don't know anything about.
Trading altcoins does not necessarily mean doing a direct P2P trading. If the OP is looking for a platform he can do pro trading, either day, short or long, then he cannot be doing that here on the forum and he will definitely need a good exchange to achieve his aim.

In that case, bittrex should be his best bet for a start but he should be ready to get his account verified with proper documents or else, he will get locked out.
6338  Economy / Gambling discussion / Re: Did you learn from your gambling mistakes? on: November 24, 2017, 03:30:19 PM
Many gamblers know that they can't win money from gambling but they keep on gamble again and again but not with a small amount. Some people even borrow money from others to gamble. That means they never learn from their past gambling mistakes.

Are you doing this kind of gambling mistake?
In winning people tend to continue playing on hoping to gain more and more but will end up on the losing side same with losing, they tend to play on hoping to get back what they have lost but in the end will lose more. This is a common mistake for gamblers that they tend to continue repeating. One must learn how to stop whether you are on the winning side or the other.
That is one huge mistake a whole lot of people always make and it makes me wonder if they usually feel the owner of the online casinos are father Christmas just willing to dash money out to everyone. They are also there to make profit and a huge one for that matter. So, one thing with gambling is if one person is winning, about 30 others are losing and the odds of you being a looser? You know the rest...
6339  Economy / Gambling discussion / Re: The gambler destroyed on: November 24, 2017, 02:41:24 PM
Hello guys !
I'm new here. Sorry for my bad English.
In my opinion whatever is done by the hand of man can be broken / destroyed. I know, you believe this can't be possible because a lot of people can't make a perfect strategy. In the last 24 hours I wanted to break this myth and I think I SUCCESS!!! You do not believe me, but I will attach you some pictures to see that I have succeeded.
All is automated (dicebot).
This post is not created with the purpose of giving me great. I want you to know it's possible. I'm probably going to sell the strategy but at this moment I will test it for a week to convince me that it's perfect, and if it is not, I will perfect it. I'll keep you up-to-date within the time available. I will probably leave some tips here  Wink

Photos : https://m.imgur.com/a/PPjur

Really?  May I ask: What's your level of mathematics proficiency?  Did you derive a mathematical proof for your discovery or was it obtained by trial and error?  If you can provide a mathematical proof, I may be interested in securing a copy of your automation script.  However, I highly doubt that a proof exists.
Do not bother asking him to drop any mathematical proof because there is none. If mathematics can help people win in gambling, Mathematics would have been the hottest profession right now, and I am sure even casinos will have to ban Mathematicians from entering the casinos and start requesting for certificates before entering any. He can just keep his strategy to himself, as strategies did not just start popping up yesterday.
6340  Economy / Gambling discussion / Re: gambling ends on: November 24, 2017, 12:45:13 PM
I don't  believe that gambling will end ,even in the bible gambling do exist and untill now so it will never happen that gambling will gone. People has the attitude of being greedy and people easily  get attracted to gambling because they thought that they can easily get money from gambling.

it's impossible to happen, the biggest management of bitcoin comes from gambling, maybe tens or even hundreds of bitcoins are being gambled on gambling sites in one day, everyone believes that gambling can lead them to wealth, and gambling is a shortcut for someone gain profit and wealth,
You may be right in some manner but don’t you think you are just making everything cover in gambling? I must say gambling can be better but you can’t say all the bitcoins are managed only through gambling. There are huge lists of miners who are mining and evaluating bitcoin day and night and here you are just throwing everything on gambling. You should learn better in this regard.
Unfortunately, most of the gamblers who do it for the profit they want to earn from gambling do not understand that gambling is not an investment and there are so many things they could have just put their money into if they were willing to just do some little research to learn to get a lot from it.

Just like you have mentioned mining among other ones, these are ways you can double your money and at least know you are covered if you do it well. Gambling is just a plain luck kind of game and nothing else.
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