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6501  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Jamie Dimon on: October 14, 2017, 01:11:25 PM
Jamie has really been a real creep who wanted to manipulate Bitcoin's price for his own benefit. The only thing he could achieve this through is by making statements and must say he has achieved his goal too because the people have been stupid too. But now his time is over and people have become smart. Whatever he says now won't really matter to the people and he won't be able to manipulate the BTC price either. I guess he knew this fact and that's why he said that he won't be uttering any word related to Bitcoin.
6502  Bitcoin / Bitcoin Discussion / Re: What Will Happen if All Countries Recognize BTC as a Real Currency? on: October 14, 2017, 12:58:56 PM
Bitcoin is already in the state of being a well recognized currency. If it gets recognized in all the countries then one thing I could say for sure is a HUGE increase in price. Bitcoin might increase at a speed of $1000 per day which is not a big deal for BTC. Mass adoption of Bitcoin will take place and there will be huge BUY wall in the market. Since many number of people will join the market the chances of increase in transaction fee might also become high. BTC will be stronger than ever as there will be huge number of population supporting BTC.
6503  Bitcoin / Bitcoin Discussion / Re: do you know people that afraid from bitcoin and virtual currencies? share it on: October 13, 2017, 05:51:08 AM
I don't know any people who are afraid of Bitcoin but I will surely give the reasons why people don't believe in BTC.

1. Bitcoin's volatility is too much for people to believe in.
2. Anonymity of Bitcoin makes people think it's risky to invest in it.
3. Fear of loss is another reason why people don't consider investing in it.
4. Terrorism - BTC is used for making payments foe illegal things and this is most obvious reason why people are afraid of it.
5. Some people think Bitcoin is a bubble and will explode taking others with it.
6504  Alternate cryptocurrencies / Altcoin Discussion / Re: is this bitcoin high making your poorer? on: October 13, 2017, 04:27:33 AM
It actually depends on how you react to the situation. An experienced person will know the right thing to do whereas panic people will make the wrong choices. BTC is increasing way too fast which is making the alts go down. Once the fork is done BTC will drop and Alts will most probably rise.
The best thing to do will be hold you alts if you already own them, buy more alts when it hits deep and hold the BTC you already have to obtain the free BTG. It is a very good opportunity in the crytpo community where money can be made from all aspects. It's just how you manage the situation.
6505  Alternate cryptocurrencies / Altcoin Discussion / Re: Its that time again, what altcoin are you holding at a loss? on: October 13, 2017, 04:22:02 AM
The only altcoin I am holding is Burst and I will keep holding no matter how low the price goes. Nothing hurts more than seeing your coin go down in market value. I was tempted to sell but I believe in the Proof of Capacity Consortium's ability to deliver some good for Burst that I have decided to buy more.

What about you, what altcoin are you loyally holding and why?
That's absolutely true man. It does feel bad when you see your coin go down but its crypto, if it goes down it means it will rise soon.
I am currently holding DGB which is the most affected by the fork. You can see it has gone down to 170 satoshis which is like a blood bath for it.
I bought it at 500 satoshis thinking it will rise soon but you see what has happened to it now. People are saying it will go lower than 100 satoshis and that's when i am thinking to buy it more. It does have a lot of potential and it can give a good return after the fork.
6506  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin Trading Price BTC Question on: October 13, 2017, 04:12:19 AM
Altcoin are like Bitcoin because their concept is similar to Bitcoin though they might have different specifications. Now to address your concern. Altcoin is not dollar economy but individual coin economy. The reason many time altcoin is traded against bitcoin is simply because individual coin are not yet spread and saturated yet. And  since bitcoin is, they benefit from success of bitcoin. When it come to issue of price you will find out that the price behaviour of individual coin are different. So no matter the price of bitcoin, you will buy each individual coin according to their value in the market and that should not affect your profit or loss regardless of bitcoin prices.
That's the right explanation to the question. Also, to add to your answer I would say that most of the exchanges prefer to trade on pairs with crypto to crypto which makes it easier for them to convert the currencies and maintain the charges. Since BTC is the king of cryptos, altcoins are traded with BTC pairs and then BTC is traded with USD.
6507  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum Price-Will it jump up after the BTC Fork? on: October 13, 2017, 04:05:06 AM
There is a good chance for most of the altcoins to rise up after the fork has been done. Obviously Bitcoin's price will drop since traders will migrate their coins to altcoins which will make most of the altcoins to have a spike in the price. Ethereum, Ripple, OMG, NEO, LTC etc.. are some good coins which may see a good increase in price. Ethereum of all the coins will definitely see an increase in price since there is hype about ETH in the market.
ICOs may also have a good rise in their tokens.
6508  Economy / Services / Re: 🎮 ENJIN 🎮 Signature Campaign - BIG reward on: October 12, 2017, 03:20:26 PM
What happened to the spreadsheet why is it not auto updating the post count ?
6509  Economy / Trading Discussion / Re: Where to get trading information on: October 12, 2017, 12:57:12 PM
To be honest this forum is most important part of the information I get form the crytpo community. Bitcoin and Altcoin boards gives out so much information that there is no need to look after information on other places. But even then, the more knowledge you have, the better decisions you make. You can try out cointelegraph, coinmarket and similar websites to get updates about crypto currencies and trade accordingly.
After bitcointalk, cointelegraph is the best website that has been providing regular updates about the crypto community.
6510  Economy / Service Discussion / Re: BTM's on: October 12, 2017, 12:46:08 PM
There are already some Bitcoin machines out there which offers to withdraw cash for BTC but their charges are high.
If there would be a bitcoin machine with less charges then may be it would benefit the people using it but until then there is no point of making more machines. Also, if you are planning to put up a BTM then make sure it is keeping up well with the prices as BTC fluctuates at high rates and that's the most important thing to maintain when offering services like the BTMs.
6511  Economy / Service Discussion / Re: has anyone tried freebitco.in investment? on: October 12, 2017, 12:39:07 PM
Freebitco.in is a good site which has been paying it's customers since the beginning. It was mainly used as a faucet in the beginning but since then there had been many changes to the website like addition of Hi-Lo game, browser mining, referral, annual interest etc.. I think that 4.08% is very less for to consider it as an investment when there are banks which pay more than this. Why would one take the risk to keep the BTC there when he can keep the fiat in bank which is safer and that too for a better return. So it doesn't make any sense to invest in freebitco.in
We could simply buy some coins and hold it for a year to get much more profit than this.
6512  Economy / Economics / Re: it is possible fiat currency will crashed? on: October 12, 2017, 12:17:35 PM
Fiat currency cannot be crashed because they are legal tenders that the government have authorized and made it to be used by the people.
If the people won't have physical money then they won't be able to make payments easily, at least not the illiterate ones. This will create a negative impact throughout the nation and hence will affect the economical growth throughout the world. Hence it is not possible for the fiat currency to be crashed.
6513  Economy / Trading Discussion / Re: Fiat currency vs cryptocurrency on: October 12, 2017, 07:49:26 AM
Yes indeed, it is possible as long as the exchange is providing that service. It also depends on the what kind of the service the application is providing. In my country apps such as Zebpay , Xapo, Unocoin are being used on a regular basis to trade between Bitcoin and fiat.
Another example is coinbase where USD can be exchanged for BTC, ETH, LTC etc... Find applications that suits your need better.
6514  Economy / Trading Discussion / Re: Technical analysis on btc or better just rely on fundamentals and news? on: October 12, 2017, 07:44:31 AM
A trader to be specific should not rely just one thing to trade on the particular asset. As you say Bitcoin is no ordinary asset, it derives various things for it to be analyzed. There are multiple things that can be used to analyze Bitcoin and they should all be used in order to predict accurate results.
So whether it be technical or fundamental analysis, use everything for better outcome.
6515  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin cash on: October 12, 2017, 07:40:05 AM
Bitcoin cash or BCH is just another altcoin similar to ETC, ETD etc... and since the hard fork is near most of the altcoins these days are going down.
It's like a blood bath for the Altcoins and so investing in BCH now would not make any profits. You could buy it now but don't expect it to rise any time soon. You can also wait for it to be more cheaper and then buy it. Most people are selling their alts to buy BTC since Bitcoin's price is rapidly increasing and so the alts are going down.
6516  Economy / Trading Discussion / Re: Starting the Trade on: October 12, 2017, 07:32:24 AM
So you are a newbie to trading and you want to learn how to do it. I was in your shoes a few months back and I will suggest you to start trading by learning the basics online. You can gain knowledge by studying about the basics of trading from google and then deposit a few amount of BTC into exchanges like bittrex or poloniex. Start with a small amount such as 0.01 - 0.03 btc and diversify the amount into the coins you believe will rise up.
It is a good time to buy now and don't ever panic sell/buy as it will lead you to a loss. Have patience and hold your coins until you get a profit.
Reinvest the amount into different coins and repeat the cycle and then later invest more money when you can afford losing it.
This is how you will learn to start trading and gain experience.
6517  Bitcoin / Bitcoin Discussion / Re: Serious topic: how can we be sure Bitcoin will not be banned by most countries? on: October 11, 2017, 01:57:11 PM
Bitcoin is a decentralized currency which means it can be banned only by the government of the nation. It cannot be banned world wide.
The only possible way to ban it world wide would be if all the nations ban it together which I don't think will be happening seeing the growth rate of Bitcoin and the adoption of BTC by many countries. Bitcoin is going to stay here for long and might be the top most selling asset in a few years.
Bitcoin is being used by majority of the population and so it won't be getting a ban anytime soon.
6518  Bitcoin / Bitcoin Discussion / Re: Inherit coins to my family after passed away on: October 11, 2017, 01:52:19 PM
You could create a will where the person you want to inherit the coins can take all your coins after you pass away.
Create a will saying that the person should go to a bank locker or whatever you call it at your place and collect the stuff from inside.
Keep a note inside saying that how much you care about your family and then give them private key to you wallet and how to access them.
It will be a very good surprise for them to find a note attached by you and the money you saved for them.
6519  Bitcoin / Bitcoin Discussion / Re: Any App that generates bitcoin on: October 11, 2017, 01:40:27 PM
Since you say to generate bitcoin I assume you are speaking about mining. The mining difficulty for Bitcoin is so much that it is not that profitable nowadays to mine bitcoin. So it won't be wise to invest in something like that. A better decision would be to mine altcoins which are worth investing since they are more profitable than mining Bitcoin. Coins like ETH, BCC, NEO, XRP etc.. are worth trying.
6520  Bitcoin / Bitcoin Discussion / Re: How can Bitcoin help the developing world? on: October 11, 2017, 01:36:30 PM
Bitcoin is the best crytpo currency that can help to develop the world since it is used as a currency and as an asset.
BTC holders treat it as an asset and hold it for long term which determines that Bitcoin is a futuristic coin and can be used for a very long term.
People make payments and transactions through BTC which determines that it can be used in real time situations and hence it can be used towards developing the world.
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