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681  Economy / Economics / Re: do you think bitcoin is controversial ? on: January 17, 2018, 07:20:45 AM
Yes it is controversial because it is all over the news site, social media, etc. Every where the topic of discussion is bitcoin. Some people use it to scam other people and taking advantages to the people who doesn't know about bitcoin. The price of bitcoin is unstable, but lot of people invest their hard earned money for this. Some of them sell their properties just to buy bitcoin. Many people become crazy with what this will bring in the society. Grin
Yeah, the technology is new and whereas the technology is going to end up being adopted and a lot of government have accepted that the evolution of money is here, the fact is that bitcoin being decentralized alongside other cryptocurrencies seems to be a threat and that makes it extremely controversial as they find several ways to make it sound like the worst thing to ever happen.
682  Bitcoin / Bitcoin Discussion / Re: Shall we be afraid of bitcoin ? on: January 13, 2018, 10:13:42 AM
Do you think people understand that it is just money changing hands like if you were making and selling new paintings ?

I wrote an article about it here: https://medium.com/@netcashfx/bitcoins-wealth-is-not-a-threat-152b1a90489d
Yes, you are right because people should always invest that they can afford to lose. The cryptocurrency market is unpredictable, anything can happen in the market more especially if you are dealing with the smaller coins. In very business with the chance of exponential growth there must be a high risk involved. people should be careful that's all!
But that won't be the reason for getting afraid of bitcoins.
Bitcoin is a cryptocurrency and anything can happen with it but the dips and pumps can be studied first with some good research about the coins you are investing in. But if you have low knowledge and yet you are investing into bitcoins than surely you are going to have a major loss.

Bitcoins does not harm to any kind of society and I don't think it can be assumed as harmful coin. So according to me, we should stay safe and not get afraid of bitcoins.
683  Economy / Speculation / Re: Will Bitcoin fall again soon? on: January 13, 2018, 09:13:35 AM
It wont drop that much, it has already been going down for the last days but it seems that now it really wants to keep going up, so yes, if you are going to invest soon, do it right now that the price is almost going to go up soon.

I don't think there's a fall hit bitcoin considering the supply getting low now and bitcoin getting popular.
That's the fundamental , also a little bit doubt that the price could go up soon as nothing i can hear about the good news that can support it.
I just pretty confident bitcoin will grow slowly in the next 2 years so yeaaa put your money as long term investment now.
The supply is pretty low for now and the bulls may be taking over any moment from now. What we have in the market presently is just some doubt and a little bit of uncertainty which is going to make us see some sideways movement for the next few days or even week before we go back to test the previous top. I am highly confident as well that bitcoin still have a lot of room to grow and this year also would be a great one.

Like many people here, I am also considering this recent downfall as a buying opportunity to get some decent profits in more quicker time along with my long term holding. I am sure many people are not bothering about time to time down fall of bitcoins as they do make use of it for buying more.
684  Other / Off-topic / Re: Everybody is joining.. on: January 13, 2018, 08:35:28 AM
As we can we some of the coins under 50 sats went up recently, now I think many people are now joining in our crypto world. What do you guys think?
Yes and also the price for bitcoins affects the price of small coins which are under 50 satoshis.
Most of the people's have now started trading with the altcoins and also many major investors are now been introduced to bitcoins which is indeed increasing the users of bitcoins which will surely pump the price.

All the small coins are usually pumped to have benefits for the pumpers but some investors of that coin have to take up some loss. Hope bitcoins will soon settle up with good price for itself as well as all the altcoins.
685  Economy / Speculation / Re: What price of BTC will make you sell it? on: January 13, 2018, 07:57:33 AM
Early I think that bitcoin can price about $100k+ and waiting. But now I don't think so. Maybe, ill sell it about $40-50k. Bitcoin have some problems and peoples know it.
About which problem are you talking about ?
I don't think bitcoins have any issues except the issues from the government. I think 1-2 years are enough to solve this issue and also the government will find some or the other way to keep bitcoins working as a number of users have already invested a lot of their capital into bitcoins which will surely not make them to afford loss. Bitcoins will truly reach $40k-50k at the end of this year and the price will keep n rising in the next year.
686  Economy / Speculation / Re: End of 2018, bitcoin $ 40,000 or more? on: January 13, 2018, 06:23:34 AM
A little lower, I read the topic of what people think about bitcoin for $ 20,000, after which time it will reach these heights again. But it became interesting, is there anyone here who believes that bitcoin by the end of 2018 will be $ 40000 or more?

I think that BTC price will be up to 30k $ per 1 BTC. Of course, in case of total criptocurrency capitalization with 1500 billions $ and more it could be up to 40 k $.
Actually the price for bitcoins is much higher these 2 years. From the year 2016, bitcoins started gaining importance in the lives of each investor and the demand than started rising which gradually is rising the price. In the year 2017, bitcoins took a heavy jump and the price rose up much more above. Now in the year 2018, depending on the demand, the price for bitcoins will go much more above giving heavy profits for each investor.

I do believe you that bitcoins will cross 40,000$ by the end of 2018 as until now we saw immense growth of bitcoins in the last year which moved too fast above 15,000$.

Honestly, bitcoins are now much more famous and profitable which attracts many new users to invest into bitcoins as they get heavy good return out of it. Bitcoin price depends on the supply and demand factor and as the demand will increase, it will too increase the price for bitcoins along with it.
687  Economy / Speculation / Re: Is Bitcoin Price will go up or down? on: January 13, 2018, 05:00:15 AM
Hello every one , today bitcoin price is already @ 14724$. Where should it go from here? where i will go , it goes down or up?
If it will go up, how high it will go? and if it will go deep how low it is?
Can any one tell me where the support and resistance level?
Actually predicting the price for bitcoins is not that easy  and also needs some study about them. But I guess, the price for bitcoins will go below to 13k$ and then again it will pump back to normal than it will start rising much more above. Actually this year started with decreasing price but this year will surely end up with a huge pump. Perhaps bitcoins will cross 40k$ at the end of this year maybe.

Until 2016 bitcoins were nowhere but now we can assume that bitcoins are spread all over the globe due to their benefits and highly increasing price. Hope bitcoins will have much more good and profitable future.
688  Economy / Trading Discussion / Re: before or after new year on: January 13, 2018, 04:08:38 AM
Now the best time for purchase of bitcoin, will only be more expensive later. After purchase it is better to buy the known coins and coins of ICO, such as Algory.io!
I have seen several of your post where you just keep pushing for Algory. It is good though, at least you believe in the coin you are doing signature campaign for or you are probably going to be paid more stakes for doing this. Nevertheless, what the OP was asking is about Bitcoin and Litecoin and anyone who is still thinking of when to buy or not now, is just not ready to invest.

After some country's regulation against bitcoins, we are again having cheaper bitcoins hence it would be very right to gain more bitcoin to have faster benefits. Before and after new nothing has changed in terms of promises of bitcoins for readiness to invest.
689  Economy / Trading Discussion / Re: Do you use any indicators to predict Bitcoin price movement on: January 12, 2018, 08:14:08 PM
Most indicators are bullshit for predicting the price, there isn't a proper way to predict it.
Just remember that the market is only created based on speculation, fear, and hype, nothing more than that.
So your indicators are useless in order to do this kind of analysis
You have a point as the market is filled with a lot of uncertainty and that is why you really need to make use of stop loss a lot when trading cryptocurrency. However, this does not mean that indicators do not work as you can use some combinations of indicators with your discretion to be able to pull off a good trade and best way is to also be able to follow trend with your indicators.
690  Economy / Economics / Re: What makes Bitcoin to move this fast? on: January 12, 2018, 07:10:43 PM
In my opinion bitcoins move this fast because of bitcoins believers, the people who trust bitcoin as their investment. The numbers of investors can make bitcoin on the top of all crypto-currencies and soon i think to cover up fiat that is why central banks in my country are threaten already with bitcoin.
Bitcoin believers are the early adopters, most of the people rushing in now, a larger percentage of the are FOMOs who are looking for quick way to get rich or be a part of a system that can make them rich faster than they can imagine.

However, in the long run, some of them tend to get the real gist behind the blockchain world and end up as a believer as a lot of people are so frustrated with the banking industry that they just wish it ends up wiped from the surface of the earth totally.
691  Economy / Economics / Re: Some things to consider before starting a business on: January 12, 2018, 06:11:36 PM
A great topic to start the year! And a very well explained with thorough discussions of each element on things to be considered before starting into a business. In statics, 9 out of 10 start up businesses fail. And in my opinion it is all because of lack of preparation. Some people nowadays just put up a business without thinking of both internal and external factors. Not everything can be put into passion. You have to be smart and know how to minimize the rism of the business before establishing it.
Very well explained really. Starting a business is not a small thing to do at all as it requires a lot and without knowing some of these things, some people have ended up finding themselves in a situation where they just see that nothing is moving in their business, but with articles like this, it is so easy to get going and at least know some things you will have to watch out for first before starting your business.

In my experience, I have seen some of my friends do consider a lot of things for setting up their business and most of the points discussed were focusing on how to face the negative situations. I mean to say, we need to concentrate on how to manage an emergency situations then we can manage any business effectively.

We need to consider positive situations also but when we are mentally prepared for negative situations then we can manege any business profitable all the times regardless of what are hurdles we may face.
692  Economy / Economics / Re: Imagine Bitcoin recognized around the world. on: January 12, 2018, 05:32:09 PM
Do you think there will be a chance that bitcoin will be recognized by all people around the world? If so, what would you contribute for the success of bitcoin in adapting human culture?

I believe bitcoin will only be recognized and adopted around the world if and only if it is legalized by world's governments.
If there is way to convince the governments of the benefits of bitcoin and it is legalized, only then can it be recognized all over the world.
Another way bitcoin can be recognized is if more major companies (online stores like amazon and Aliexpress and other companies) accept bitcoin as means of payment.
I so much believe in that and I am sure we are already getting there gradually. Bitcoin may not be well known in a larger percentage already but Rome was not built in a day.

Whichever way, the stage we have gotten to in just this year alone is a stage that no one could have imagined we would have gotten to as soon as this and that makes me so optimistic that bitcoin is ready to give the world what they have never seen before.
693  Economy / Gambling discussion / Re: Which coin do you think is best for gambling? on: January 12, 2018, 04:00:08 PM
I personally prefer dogecoin and ethereum but these days ethereum also have network congestion and fee is really high so dogecoin is best right now.

Raiblocks is another coin that have no confirmation time and zero fee and I think it will be accepted in some casino soon because nobody wants to wait for hours to get confirmation and pay high fees just to move coins in and out of the casino.

What other coins you guys think can be viable option for crypto based casinos?
You are sounding like you are promoting some altcoins to make them bumping. When you are relying with some well established gambling houses then you never need to worry about moving out funds. These days most of known gambling houses are having with in-house exchange services so you never need to worry about playing with bitcoins.

For the gamblers who are all still playing with faucets and in bulk transfers, bitcoin still remain as a medium of exchange without any secondary thought to switch over to any other coins.
694  Economy / Gambling discussion / Re: It is not worth it, right? on: January 12, 2018, 03:28:41 PM
If you take gambling as a way to generate constant daily profit than it is not worth to gamble because you will never get profit always. Actually gambling with amount more than you can afford to lose is pretty foolish move.

Gambling should be considered as way to get entertained.

Yes you're right. Gambling is not a way to make money or to earned profit it is for people who seek enjoyment, who seek happiness,  and who want to relieve their stress. So to be able for you to make gambling worth it then you must enjoy it without thinking about the money but rather thinking the happiness that you will get
The worth of gambling, is purely decided by the preferences and ability to spend money for gambling. That is the reason gambling is not being treated in a same manner in all over the world. People who are all having time and money to spend for gambling finding it more worth for their lifestyle. For the people, those who are all struggling for leading a decent life, definitely finding gambling as a waste of time and energy.

Gambling may become worth for anyone when he is spending only up to the limit he is able to. Moreover gambling is not about only money is also about time and energy. So, if you have some extra money and time then trying gambling will not be a very big mistake.
695  Economy / Gambling discussion / Re: When do you know its time to Stop? on: January 12, 2018, 02:56:23 PM
Basically setting a limit is the proper strategy. Its somehow a basic rule not only in gambling but for financial matters as well. Setting a limit of your expenses to keep your finances going. Its time to stop when you have reached your limit. Its sometimes a struggle to do so specially when you want to win back your losses.
Yes, I think the most difficult game to stop gambling is DICE because it is quite addictive and results come quite quickly and you get a illusion that if a string of higher numbers have appeared then the lower one must be coming very soon while actually it's 1/2 chance every time you roll.
I use automated betting to stop and I set some profits which once reached it would automatically stop.
696  Economy / Trading Discussion / Re: Day Trading (Scalping) and Long term trading on: January 12, 2018, 01:12:10 PM
I'm a fan of scalping, as you you can make a good profit with the exploatation of micromovements without using too much capital.
But of course it's very risky, you need to be very good and... you have to be stress resistant, because it's a high level adrenaline activity.
Long term trading is boring, I don't like it.
Yeah, scalping is one thing that can be highly risky but if you are smart, have your strategies in hand; you can make a lot of profit without forgetting your stop loss in any trade though.

It can also be stressful as well when compared to long term trading where you have to set your trade and watch it grow and take profit based on your strategy. Each individual know what works best for them, so it depends on how your skill is willing to take you.
697  Economy / Trading Discussion / Re: is it practical to move coins among different webs and earn the margins? on: January 12, 2018, 06:43:33 AM
this kind of trading is mane reason to make fee is high as hell.

you only kill bitcoin from inside.
Lol, well that is the reason why the price will have to keep increasing for now until we have the lightening network. Arbitraging is not that easy and unless you really have much to move around and pay a high fee for it and make some good profit, then it is not something that should even be delved into, most especially for bitcoin. We cannot stop it and it will always happen as long as the opportunity is there.

If OP is referring to an arbitrage trading, it would only work if the network speed will not end up catching up with him. However, there are some coins that are good for arbitrage though, but it is still a little bit risky. For BTC, you should better just forget it because the fees, transaction speed in between exchanges and all that will frustrate you unless the margin is just so huge that you can afford all that.
698  Economy / Trading Discussion / Re: How to overcome the fear of holding? on: January 11, 2018, 08:40:08 PM
Praticing everyday for few months you will pass the fear feeling. the fluctiation is a normal thing of the market. That will help you get money if you have skill.
over time, you will even be less bothered about the coin you got because it would have risen so much in price that anything that would get it back down to the value you bought it would not even be something that would likely be possible to happen.

Fluctuation is normal and the way the crypto market is, it is more like being in a stock market, some will do well, some will not but at the end of the day, you will get a huge benefit from them in the long run.
I had a fear of keeping Bitcoin when the price was still 6000 dollars for one Bitcoin. But when Bitcoin reached $ 20,000, I was both happy and surprised. I did not regret that you kept me in your wallet. But for today, after the next collapse I again start to worry, and whether it is necessary to me to buy and again to store. I think that Bitcoin will return to 20,000 dollars and my act will be correct.
As long as you are not trading and you do not have any idea how to follow trend or trade effectively, then you really do not have anything to worry about no matter what you hear. You will over time get used to the fact that people will say whatever they want to say, bitcoin will correct which is healthy and all you just have to do is to know that the last stop is actually now a strong support which gives you a guarantee that it would take something huge to ever break that again and before you know it, you are back testing new ATHs again.
699  Economy / Speculation / Re: Is Bitcoin Price will go up or down? on: January 11, 2018, 06:02:25 PM
Hello every one , today bitcoin price is already @ 14724$. Where should it go from here? where i will go , it goes down or up?
If it will go up, how high it will go? and if it will go deep how low it is?
Can any one tell me where the support and resistance level?

As a personal opinion I think If it goes down than it will 12k$ and if it will up than it can be cross 20k$. According to me it will up soon and also hit 20k$ in this year.
But looking back at early last year and how some were waiting for a good price, they ended up missing the right one and never saw the chance again and they never will. I am sure the OP would not want to be in that category in the next few years because that would be a very bad one knowing you had all the chance and you decided not to take the best opportunity because you were still skeptical.
700  Economy / Speculation / Re: China to restrain mining on: January 11, 2018, 05:26:39 PM
It's weird how they're regulating mining's power use though, rather than mining itself. If their plan really is to reduce and hurt mining, this is a rather roundabout way of doing it. This seems like it will have more loopholes and such. Is the writer sure China simply doesn't want to regulate its overall power consumption? It's just weird.

I don't have any strong feelings regarding China's position in the Bitcoin market, but I would prefer the hashrate to be distributed among countries better. We need every country if we want Bitcoin to reach mass adoption.
I would rather prefer that as well than a whole country having a huge percentage of the hash power and that is what gives them the power to somehow want to attack bitcoin. With this happening and with china making the whole mining activity uneasy for the miners, this would gradually spread the mining hash power to other countries rather than having just one country holding a large chunk of it all.
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