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6361  Economy / Marketplace / Re: Buying clothes with bitcoins? on: November 13, 2017, 06:53:29 AM
In my country, I've never heard a store who accepts bitcoin as payment. I don't think it will happen, probably online store will do in  the future but not a physical store. Well, nothing is constant in this world, you never know someday fiat money will be replaced by digital currency and people will no longer use cash. Who knows??
We need to wait bit longer for that to happen that bitcoin gets accepted at physical places of now even in my country the scenario is same that I don't find any physical place where I can spend my bitcoins for buying anything but may b in future things will change and we will find many places where we can buy anything using bitcoins as right now there are no online sites that accepts bitcoin as a mode of payment in my country.
Nope, we don’t need to wait anything, that is already happening. There are lots of people everywhere buying clothes, and not just clothes, but everything they need with Bitcoin. You can check out Overstock, they let you buy whatever you need on the site with bitcoin, credit and other payment method. It’s fast, and you also get a discount.

Really, really good. If you don’t trust their site, you can use your Bitcoin to go and buy Amazon Gift Cards then.
6362  Economy / Trading Discussion / Re: What is the best Bitcoin Trading BOT? on: November 12, 2017, 06:27:53 PM
but in todays life we have face recognition - which is similar to mattern matching -so i don't understand why this should not be possible on the trading market. Als this patterns which will be defined by TA can be implemend in a system? or? where are here the challenges?
Everything is being automated these days and that is fine and I totally understand that all the patterns can be set by making use of a bot which would apparently make most of the decisions you would have made in all the trades anyway.

Yes, strategies can change so many times, for someone like me, I use multiple strategies on my trading and you can only set one strategy at a time on a bot which makes then incapable of being flexible and except you are cool with that, then they are good.
6363  Economy / Trading Discussion / Re: What Will You Do If You Are Trap On A SHIT Coin ? Or Low Volume Coin on: November 12, 2017, 03:01:11 PM
Huh Huh This Past Day I was Trap At SW Coin or Sky Way Coin is there any possibilities of holding it ?

Well in the first place if you do analyze the market well, then this thing should not happen. Trading is risky so make your study first before you make action, i suggest if you loose not much money their then sell it right away, there is no reason to hold that coin for long term, Instead try to buy more valuable altcoins or btc than that.
There are really sometimes that after analyzing the market, shits still do happen.

Like what happened recently when I was holding a shitcoin after seeing some pump-ish kind of activity, not long after then, everyone started dumping their alts very early before the fork, which I just had to stop the loss at the point I was comfortable and then looked for a better alt to put my money into when the dips got stabilize.

You just need to have a strategy in situations like that and always plan out the right way to get back what you have lost.
6364  Economy / Speculation / Re: Wow Bitcoin continue increasing it will hit big value soon more than 8000$ sure! on: November 12, 2017, 11:04:59 AM
I’m new to the crypto world but only been dabbling for a few months now. It amazes me the growth of crypto currencies (bitcoin especially) I emailed a friend of mine today and mentioned to him about an email I sent him back on September 12th 2027. In that email I asked him if he knew anyone who trades bitcoin his answer was no and that he wished he had gotten into earlier. Today I emailed him and told him if he had purchased bitcoins the day after I emailed him in September he would have almost doubled his money today. I now think he is seriously looking into it.

I think the future is still brite for bitcoin in 2018 (and even the remainder of 2017) with the CME group coming aboard In bitcoin will only help the market grow. I think we may see a downward trend once the hard fork is done but I don’t think it will stay down long. Again I’m new to crypto but it does look very promising.
The future for bitcoin is very bright and he had better look into it and still enjoy at this stage before the boom that would cause some people to go emotionally drained for not stepping in quicker would pop in. Bitcoin is heading to the moon and the plane is just trying to give some people some few chances to hop in, a time would come that we would just keep seeing some pretty big spikes to the upper side than what we are even seeing now.
6365  Economy / Speculation / Re: Bitcoin unstoppable now on: November 12, 2017, 08:39:32 AM
Bitcoin is really unstoppable. Bitcoin hits another highest price today which is around $6300. For sure it will continue to rise and by the end of the year expect over $8000 price of bitcoin. Cheesy

Bitcoin experts predict that price of bitcoin will cross 10k milestone soon, bitcoin is going very fast and after split of bitcoin price will down for some days but then price start increasing and yeah bitcoin is unstoppable and unpredictable.
I really would not be surprised if it does before the end of the year.
We have had so many predictions which seemed impossible and we have seen them achieved pretty fast and even faster than we expected it to happen. Once the fork is over and bitcoin's value keeps rising even further, then believe me we are heading straight up to that value and possibly more than if care is not taken.
6366  Economy / Speculation / Re: Investment Advice on: November 12, 2017, 07:57:01 AM
possibly but slim chance of happening. I am sure bitcoin price will be down for quite a while during the fork.
It is really a very slim chance for bitcoin price to be down after the fork. Certainly, it is possible we might see some correction but it won't be much before we start seeing the sight of the moon again.

Right now, it seems every giant and kids from every angle are no longer in support of B2X and it is being considered as a scam. Even the CEO of OKCOIN, one of the giant exchange in China, came up with a news recently that B2X is a scam and should not be supported.
6367  Economy / Speculation / Re: what do you think about bitcoin price in 2018? on: November 12, 2017, 07:18:58 AM
No one knows what's going to happen to bitcoin and so predictable price predictions,
but we can only hope to continue rising bitcoin and accompanied by rising prices and popularity,and i think it's quite realistic if bitcoin prices will reach $ 8000 - $ 9,000 by 2018.
Bitcoin is obviously full of surprises and no matter the predictions we make, it might either exceed our expectations like we already have this year or totally not just meet up to our expectations like we have had some years back.

I am not sure from this state we are that bitcoin reaching $8000 - $9000 in 2018 is realistic; because there is every possibility of reaching that even before the end of this year. I am optimistic to see bitcoin around $15000 - $18000 next year ending if everything goes much as expected.
6368  Economy / Economics / Re: Paradise Papers: a new massive leak of the elite's off-shore account (big names) on: November 12, 2017, 06:38:10 AM
Wealthy people have always had many ways to hide their wealth. The problem was for the rest of people that they didn’t have as many ways, if they had at all. With cryptos this has changed: bitcoins+mixers+different wallets and alts like monero have opened a path for the average person to hide wealth from the state. If coins like monero get widespread governments will change the way they tax us, they will still collect tax but it will be different.
And it would get crazier and which is why any working class people at this stage should better buy in before these dudes start stepping in cause like you said, if they start getting waves of some of these coins like monero and so many of them still popping up, crypto world is going to get even more huge and then hardly are we going to see cryptocurrency ever going into extinction when some of the top players already have their money stashed in it.
6369  Economy / Economics / Re: BTC is a roller coaster on: November 12, 2017, 05:22:40 AM
Just received reminder bitcoin dropped a lot, the price of the last week is very unstable, leading to other competing currencies continued to fall, there is no bottom line of that kind of fall, I would like to ask you tycoons on how to look at the future market?


If you are doubting on bitcoins if it will still increase its value or not then try to read good news and articles to boost up your confidence on hoping that bitcoins value will reach $10k as every professional analyst is expecting to happen in year 2018.
This is one of the ways I have been able to make those who panic around me to keep the faith that bitcoin is going far higher than we have it now and I am happy they listened and now, they feel more relaxed no matter the roller coaster bitcoin plays out.

It has been a very crazy year, no doubt, and we are about to experience some more crazy years, but I guess we just have to deal with it and keep using the news to boost the confidence like you have mentioned.
6370  Alternate cryptocurrencies / Altcoin Discussion / Re: In Bitconnect we trust! $2.8million in investment, 29000 USD daily.. on: November 11, 2017, 04:51:15 PM
a lot of people think it is a ponzi scheme. be carefull
There is a huge difference when comparing a scam and a ponzi scheme. Bitconnect doesn't have that many refs, they are only scamming people.
And very soon the scam would burst and what bothers me is that people do not always tend to listen until they end up getting burnt and the gullible ones down the chain are always the ones who end up suffering it the most.
It could sustain itself with all those who have no brain or too greedy keeps buying in but Ponzi at one point would most definitely burst and that is always bad. Greed and foolishness is really a very bad thing.
6371  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Anyone in Bitconnect? Scam coin? on: November 11, 2017, 01:36:53 PM
I got lost in the crypto Youtube world and everyone has these Bitconnect accounts and I watched a couple of videos and it sounds like a Ponzi scheme waiting to happen in a year.  What do you guys think?
I am very sure you are already smart enough to detect that it is a Ponzi and no need going further. It is just in a matter of time before they receive their judgments.

It is a Ponzi and everything about it screams that and you are better off putting your assets in your wallet than considering putting your funds in them. Usually, those in the lower part of the chain when things are about to go wrong are always the ones who suffer it, so stay away!
6372  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Alt buying time on: November 11, 2017, 12:10:53 PM
Segwit2x got cancel so I think we can see altcoin party and its actually starting already but there are still a lot of alts that is very cheap now so its better to buy now.
The party has begun and the roof is already opened as we are beginning to see huge greens on all the altcoins.

I believe they are still trying to take their time for now but very soon, most of them would pump so high and then we see a huge profit for those who bought hugely at the dips and there is no doubt about that happening very soon. The earlier those who can buy now do so, the better for them.
6373  Economy / Gambling discussion / Re: Can maths help you win in gambling ? on: November 11, 2017, 11:12:37 AM
Math cannot really help you in gambling. The only science that can give a boost to your winning chances is statistics. If you take notes and have been doing this for years like me, I usually know which game has 80-90% chances to be a both teams to score game in soccer. This doesn't mean that you will win 100% but you will win more than you will lose.
Math cannot really help you win gambling .The whole game is entirely dependent upon the luck of the person. Yes the matter of sport betting is somewhat an exception.

If you have some knowledge about the precious performance of the team you have selected then obviously the chances of your win increase ultimately. On the other hand, no amount of skill can help p you win poker or dice games because all it needs is focus and luck.
6374  Other / Archival / Re: Which one is more risky? Skill-based gambling or trading? on: November 11, 2017, 08:34:44 AM
I do not think that both have equal risk. I think that gambling is more risky than trading. In fact in gambling we totally depending on our luck, while in trading it is necessary that we must have some trading experience, we must also have good trading skill, which are too much necessary for expecting profit from bitcoin investment and trading. Therefore we can say that both do not have the same amount of risk.
I think that both of them do not have equal amount of risk. Skill based gambling is something still unknown to me.
I mean that how could one claim the use of his skills in gambling even if the entire thing depends upon the luck of the person.

No amount of skill can help you to win the bet indeed. On the other hand risk in trading gets reduced with the passage of time after experience and some techniques to set the deal and buying of shares is understood wisely. So, it is better to opt for trading.
6375  Economy / Trading Discussion / Re: Holding BTC vs Day trading or short term trading. on: November 10, 2017, 06:19:33 PM
So I have been in crypto for a while now, February precisely, and regrettably I wish I had never dabbled into day trading or short term trading. I have been burnt a lot trying to play the game of trading. Often times I end up buy too high thereby becoming a bagholder, and when I finally sell, it's at a loss.
So I can't help but wish I had just held on to my BTC. Would have been grinning from ear to ear today.  #Lessonlearned

Short term trading is also profitable, Even that your gaining small profits it will still grow when you save it all. Holding btc is more profitable but still you need to use some of your coins for your daily needs so i prefer that you should trade everyday and monitor the market if you use bitcoins for living.
Short term trading is really very profitable if you have some good amount to trade with. I have been doing short term trading for months and I have made some very good increase in my BTC amount since then. You just have to find the perfect portfolio and then stick to them.

Once you have some pretty good strategies with your trading, you will never go wrong and that includes having strategies for getting out of losses too. Day trading is much more stressful and you can lose a lot if you do not do it well.
6376  Economy / Trading Discussion / Re: What is the risk of holding Bitcoin? on: November 10, 2017, 05:32:44 PM
As I said in the title. I was interested in putting my money into Bitcoin because of the ever-increasing price.
But I want to know what the biggest risk is to hold Bitcoin?

The time you put your money into, its already one of the biggest risk. Because the value of Btc is unstable no one knows when it will fall or rise, it might gave us a hint when will the btc value change but its not always accurate. Plus your wallet security. Hackers are always around the corner.
Volatility is something that anyone that is investing in bitcoin should know from the onset about. We will keep seeing that and then you get to a stage when you do not have to worry so much about the volatility and then you have become even a stronger community looking for those huge drops in price to buy even more.

The most important thing is to know that there is risk in every investment and the risk anyone is taking now cannot even be compared to what someone took in 2009/2010 which seems pretty much a huge risk back then.
6377  Economy / Trading Discussion / Re: My first day of trading on: November 10, 2017, 03:49:19 PM
A couple days ago I transfered enough from my bank account to buy 1 Bit coin.  While waiting for the $ to make it from the bank to the exchange I had $75.00 invested so could use it to practice with.  Keep in mind that I had no experience with bit coin trading and my past day trading did not go well.

Today I saw that SC (Siacoin) was above 10% and volume was above 10,000.  It was also very active pumping up and down.  I did four buy and sell trades, not aiming for much more than 5% profit on each one and increased my $75.00 to $91.00.  It was a great leaning experience.  Also very humbling because on the first trade I made a mistake and lucked out.

Scott

My first trading runs poorly and I have not been lucky because with a small amount I tried to trade at a high price then the price dropped and I suffered a loss
The problem you really must have had apart from trading with a very low amount is because you did not learn anything about trading before you delve into it. Lots of people have made that mistake and I really wish people stop that. So many people took trading for pure gambling and just feel it is all about luck, which it isn't.

After learning, I started with just $50 and I was able to grow that within days until I was sure of being good to go and I started big and I have never regretted it since then.
6378  Economy / Economics / Re: Reason why you should Buy bitcoin now on: November 10, 2017, 07:21:07 AM
From day to day the existence of digital money is growing rapidly, many observers think that this technology will experience improvement in the future. especially Bitcoin digital money technology. Bitcoin prices are currently very high, it takes the courage to invest in Bitcoin at this time, but I am sure it will be worth the profit we will get, because the price of Bitcoin will continue to increase.
And the rapid growth is overwhelming. The market cap of the whole crypto ecosystem on its own is extremely huge and growing daily, let alone that of bitcoin and it is really something that shows so much more improvement in the future like you said. We will still see so many developments as we have been seeing it now and the value will keep increasing at least to a point we could experience some huge balance but until then, we keep storing up.

Why you should buy Bitcoin now? Well, it is going up all day and all night. Whats not to love, right?
Really! What is not to love? If for that alone, then it is something that is worth loving. So many developments are going on, countries are legalizing and regulating it and all these means it would keep being used and keep being of much value even as time goes on which makes it something that is just always going to be worth it now and in the future.
6379  Economy / Economics / Re: Do you think billionaires invest in BTC? on: November 10, 2017, 05:25:44 AM
I think a lot of millionaires are investing in bitcoin, if people know bitcoin then that person will not miss to invest their money in bitcoin, because bitcoin is a very profitable new investment.
Most of these rich guys could be at first skeptical, but most of them especially those who are technologically oriented would have seen the prospect that bitcoin has and would have invested at least quite a sum few years back since it is something they could even afford in the first place. Every investor looks for a way to make more profit and they sure will not want to miss out on this.
6380  Alternate cryptocurrencies / Altcoin Discussion / Re: Newbie to Altcoins on: November 09, 2017, 02:11:19 AM
Hi there, I'm new to altcoins. Anyone has some usefull tips? Or a strategy that worked for you? Smiley

a good strategy in my opinion is to collect all kinds of altcoin while it can and there is still time to collect. if at any time there is one coin price that increases then it can be sold and eventually get a big profit. so do not just focus on one or two coins only. because we do not know how the rise and fall of coin prices in the market.  Wink
Collecting all altcoins while you can is never a good strategy and sorry to say, that is more of a very dumb strategy to me. Have you been to coinmarketcap to see the number of altcoins and shitcoins ? You have to be careful the coin you buy and if you are not trading but holding, that should even make you extra careful so you do not end up being a shitcoin bag holder.
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