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681  Economy / Economics / Re: Looking at Bitcoin's price increase via YEARLY LOWS on: June 01, 2019, 10:57:14 PM
By looking only at the yearly lowest dollar value you'll find out that Bitcoin is always  more expensive in a given year than in the previous year. On average, its dollar value increases (at least) 325% p.a. on average (2010 - 2018).

Thoughts, ideas?

Full video at http://y2u.be/5TMygwWv4dc
This only shows how wrong some people out there who say that bitcoin is not a good long term investment as it is not predictable, and here is a proof that year after year bitcoin never stops to surprises us and shows that it is the best investment out there and you can safely store you money in it as a saving, you just have to believe and support bitcoin and just be patient and it won't let you down.
682  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is the altcoin bull started on: June 01, 2019, 10:28:03 PM
TRON has gained a significant amount today, Monacoin also followed the same. I wonder if thehe altcoin bull has started like as previous, alt bullrun after btc bullrun.
Can TRON be really a good investment?
The bitcoin has been always the spark that the market need to go on a bull run and start thriving and for the whole crypto market to go up and beyond, it is tire that the bitcoin has seen i would say a mini bull run in the past 2 months that really made its price go up, and that might gave a couple of altcoins a bit of hope and so people invest and get ready, but i am sure that the actual bull run is still yet to come and when it does we will see some serious profit from the crypto market we just have to wait and be patient.
683  Bitcoin / Bitcoin Discussion / Re: Whales are out of control = $500 in ten minutes on: June 01, 2019, 10:12:57 PM
The problem with these bull runs is there is really no way that you can counter them, because its not like they got it from out of nowhere they have used their own money to buy and sell, and suggesting the fork that you are talking about comes from nothing and no one will agree on it, and by the way no whale could solo take the price down by 500$ like that, you could blame it on a group of people who were wait for the slightest price drop at the moment to just start selling.
684  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you feel about Ripple? on: June 01, 2019, 09:51:34 PM
Underrated? Worth buying right now? Or do you feel its better to purchase more BTC/ETH?
Just wanted to get some opinions from you guys
If you ever give me a choice between Bitcoin and Eth or Ripple, i would always go with Bitcoin and Eth, not just for the profit which of course why everyone is going for, but also for the concept, Bitcoin and Eth are always going to be decentralized where Ripple came as a centralized unlimited crypto, that being said Ripple has been seeing a lot of good support from other companies even a lot of crypt supporters are hating on it, and that alone is able to make it probably a slow but long term investment.
685  Economy / Trading Discussion / Re: Can I start scalping with a 500$? on: June 01, 2019, 09:24:49 PM
Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
Scalping is really not easy as you really have to make the right decision on what to invest first, more specifically here which alt coin to invest in, and the problem with altcoins is that they really move too slow and sometimes they just go down, so even if you buy a big share of a coin to scalpe it you still won't make a fair amount of profit not 2% per day and not within 2 months at least no at the state the market is at  right now, if you are going for a longer term you might be able to pull it off.
686  Economy / Economics / Re: The production of money... is SCAM! on: June 01, 2019, 09:08:43 PM
Just after the financial crisis in 2009, the journalist Scott Pelley asked Ben Bernanke on the 60 minutes CBS TV show where did they get the money for the AIG bailout in march 14, 2009? was these money of the taxpayer people?

He just said:"No. It isn't money from the taxpayers. The banks has it's own accounts with the Federal Reserve as well as you can have one with one commercial bank."

He continued: "In such way, to loan to a bank, one just simply uses the computer to mark up the size of the account they had with the Federal Reserve"

So he just literally admits they create the 85,000,000,000 usd out of nowhere to rescue the private company. This isn't the way capitalism should work and it's more like socialism where everybody takes the loses  Angry
The whole idea of printing money without anything backing it was dumb at first, it already gave governments  more power than they would need making them control our lives and our freedom, and what makes it even worse is whenever they fuck with their economical strategies and decision they just reside to printing money thinking that it would resolve the situation, i mean look at what happend in Zimbabwe where their currency infatuate and became worthless and Argentina and other countries are doing the same, if this keeps happening we might see another financial crisis. 
687  Bitcoin / Bitcoin Discussion / Re: The reason we need cryptocurrencies on: June 01, 2019, 06:31:25 PM
Hey
How about we talk about the reason that we need cryptocurrencies, day in and day out banks and governments never fail to show us the dark side , how about we light a candle on it, let's keep adding points whatever you think what makes It amazing , what makes it worthwhile to exist.

In my view , we are finally free and out of the Monopoly world , banks governments no matter democratic or not we are all controlled like puppets , our money is actually not our money , it's the money of the banks controlled by the rich people that we would never see faces of.

With cryptocurrencies we control our own deal , we can easily make it to the top , yes it does have negative times and is risky but let's be honest , who doesn't ? Even dollar was going down !
But it also gives rewards like no other.
One of the things that make cryptocurrency something we really need, is it just not allow us as individuals freedom but companies and businesses mans, with banks and fiat in order to make a transaction and do some work it would take hours and sometimes even days for it to be processed, but with crypto sending money overseas is as easy as  clicking a button ,and that would make our lives much easier and more productive and would open up the world even more, crypto does to finance what internet did for the information.
688  Alternate cryptocurrencies / Altcoin Discussion / Re: what happens if Bitcoin dies on: June 01, 2019, 05:56:07 PM
we all know that Bitcoin is the best crypto right now.
and many people argue that Bitcoin is the main crypto that greatly affects the crypto market.
my question is, if Bitcoin dies in your opinion, what will happen to crypto and what do you think can make Bitcoin die?
I think that if Bitcoin dies a majority of people will lose interest in the cryptocurrency market and the whole thing will just slowly collapse and fade away, and to be honest the thing that is going to kill bitcoin is the same thing that will kill other cryptos as well, because if it is strong enough to kill the king of all coins Bitcoin others will not be able to survive it, and what i am talking about here is the ultimate apocalypse and the end of the modern society y as it is and the end of internet, because lets be honest if there is internet there will always be bitcoin.
689  Economy / Trading Discussion / Re: Anticipating a spike on: June 01, 2019, 05:46:39 PM
Bitcoin is currently at about $8,500. I just placed sell orders at: $11,000, $13,000, and $16,000.

For some reason, I am waiting for a super-long upper shadow. Any thoughts? Any probability?
That seems like a pretty good price range to sell at, it is optimistic but no too optimistic like everyone else thinks, i really think that we can hit the 16k range by the end of September, i mean considering where we were 2 months back at 3.5k and now we were able to go double that amount and there were no major events or news that happend, so if in the near future we see some good news we will definitely see the bitcoin thrive and go to high prices and we might see it hit 20k this year.
690  Economy / Economics / Re: what will happen to bitcoin in india on: June 01, 2019, 05:27:54 PM
What will happen to bitcoin in india. whether it is legal or not.
The decision about legalizing cryptocurrencies and exchanges in India was refused, that being said it was not stated to be banned and its illegal to use it, and i think that there are lot of Indian people who are already using bitcoin and even creating their own crypto projects, so i don't think that anything dramatic is going to happen, however there are people protesting and making a movement towards the re looking into the decision since this is going to affect a lot of people, and the government could do that like what happend in Russia.
691  Bitcoin / Bitcoin Discussion / Re: Peter Schiff vs. Barry Silbert: Gold and Bitcoin on: June 01, 2019, 05:05:25 PM
Here's a great debate between gold bug Peter Schiff and bitcoin bull Barry Silbert:

https://youtu.be/zN0NIcghT0g

I thought Schiff did a great job pointing to the historical value of gold, though I tend to side with Silbert in this debate. While I am much more bullish about bitcoin than gold, I believe gold is money and a form of insurance to economy uncertainty. I felt Silbert could have done more to rebut Schiff's point about the environmental costs of bitcoin mining.
I think that i agree with Schiff here, and i will always be sided with gold in terms of how viable it is and will stay so until the end of time, gold has an actual physical existence and a limited supply and they can't produce more gold like with fiat and it is available at any time, unlike bitcoin which totally tied to the internet if you pull the plug on it it dies, it is true that modern world requires modern technology and things to adept to it, and that is why gold bitcoin should just coexist together.
692  Alternate cryptocurrencies / Altcoin Discussion / Re: when are we going to see ALtcoins do 50% profit in a day. on: June 01, 2019, 02:58:02 PM
bitcoin has been on the bull run currently.it looks like the glorious days are back but how long will it last. when are we seeing the bulls on the altcoins just like it is happening on bitcoin. i believed that people make more money on altcoins than bitcoins.
i really think that making 50% profit a day from altcoins in a day is impossible, even with bitcoin making the much profit in a day is not going to happen, on of the reason why altcoins don't have much profit in them and don't go as much as bitcoin, is that there are a lot of them, the crypto market probably have more than 1000 coins, and probably each one of them has a very small community compared to how many people are suing bitcoin, so the demand on them would be low compared to bitcoin, and even if you invest in multiple ones you still won't get as much profit as you would with bitcoin.
693  Economy / Trading Discussion / Re: Consider the recent rise it is now more important then ever keep the coin secure on: June 01, 2019, 02:06:33 PM
First of all Congratulations to all the holders!

As you know crypto is not the most stable investment out there, there are a lot of cases of banks refusing to pay or accept crypto payments.

Don't get me wrong since the popularity of cryptocurrencies’ it has become more widespread, there has been a massive shift in the mentality of banks towards cryptocurrencies, however its important to know who you can trust.

So here is a list of all the Crypto "friendly" banks out there, that will keep your life easy!




Good luck


I personally against the whole crypto banks system, for multiple reason, the first of which is that the whole concept of using crypto is to shift away from the current financial system imposed by the government which implies that banks hold the power on how the money moves and how and when the transactions are made and who has made them, and sung these banks would defy that whole idea, and by using these banks we just go towards the centralization of the crypto which is not good.
694  Economy / Economics / Re: Surveillance Capitalism, Facebook coin, KYC, crypto on: June 01, 2019, 01:25:48 PM
With big companies making something new or introducing a new concept to the market and coming up with new idea, the first question that you always ask is why, of course none other than profit, and with facebook creating this new coin for people to use them on their platforms, Instagram, Facebook and whatsup you immediately know there is a catch to it, since they are well known for exploiting their systems and taking people's data and selling them to advertisers, they even went to court for that, and with centralized "GlobalCoin" i am pretty sure it is no different, and to be honest who are they targeting with these coins, i personally don't think that there is anyone who spends money on these social media platforms.
695  Bitcoin / Bitcoin Discussion / Re: Btc has no value on: June 01, 2019, 12:33:15 AM
Some people saying BTC has no value as is made from nothing. Those same people using money in every day life. If we look into paper money as terms of value this piece of paper is also without value and also made from nothing.

If we think this way then we should be only exchanging goods like gold, stones, weapons, food.

BTC, Crypto is in my opinion only next step in term of money. So we will be calling BTC money soon. It will only be huge advantage for us early adopters to get some while cheap.

When btc will be replacing money in terms of salary anyone who will one 1 BTC only will benefit a lot as with price increasing people will get salary of cca. 2000 sats and 1 l of milk will cost 1 sat in the store.
Bitcoin's value comes from the blocs that people mine using their hardware and us as users we give it that value from the transaction that we make, if you look at the fiat and paper money's origin you will actually see that it actually has no value, government started printing paper money and just give it value just because they can and not because it is tied to gold reserve or anything like that,  and they can print it without anyone known and no one will notice, and that is the difference between the fiat and the bitcoin that you can't create bitcoin there is a limited supply and if you have bitcoin everyone knows that its public and that what gives it its value.
696  Economy / Economics / Re: What currency shall human use when colonizing Mars on: May 31, 2019, 09:49:47 PM
Everyone here is fantasizing and imagining that when people are going to be on mars are going to use cryptocurrency or bitcoin, and they forgot the most important things, A:that going to mars and actually establishing a community there is not going to be until a couple of decades and by then it could be canceled since we don't know if humans technically could live there we just have to experiment with it first, B: going to mars is not going to be cheap, its not like you are going to move up state, its going to be hell expensive we are talking about 6 billion dollars to just bring 4 people up there, and this whole idea was just made to make profit for whoever is going to take on this project and that means that they want actually fiat probably not the actual paper money but bank transfers.
697  Alternate cryptocurrencies / Altcoin Discussion / Re: Sign of ETH price revival! on: May 31, 2019, 09:36:48 PM
The top 20 coins have experienced very good growth, many of which have experienced price increases that are noteworthy over the past few weeks. Today I want to discuss Ethereum, which is likely to continue to grow. Apart from BTC, which still dominates the market. What do you think about ETH this time. Speak for positive opinions. Thank you.
I have been a big supporter of Ethereum for the past couple of years, etehreum has brought a lot the cryptocurrency market and has opened up a lot of windows for projects and development and implementation of blockchain technology  into many fields and through smart contracts etehreum is probably the best crypto out there in terms of ingenuity, it may have been down the last couple of months and not getting as much attention but i ma sure that some time in the near future it will rise again.
698  Economy / Trading Discussion / Re: Whats better holding many coins or fewer coins? on: May 31, 2019, 08:30:04 PM
I know the question sounds stupid.

But my questions is, if i have 50k should i rather invest in bitcoin, ethereum or a other high market cap coin compared to a small market cap coin were i could almost own 0.1% if the coin supply is 1 billion and trades at 5 cent.


It should be much easier for the coin with a lower market cap to make much more gains than with Btc, right?




Well this is obviously and easy answer, of course you should invest in bitcoin, whether you are looking for long time investment or short term invesment, bitcoin is the best option for anyone wanting to make profit from the crypto currency market, considering how the market right now is flooded with shit coins and small cryptos, investing in them would not get you that much investment, even if you like invest in 50 coins they will not get you any profit compared to what bitcoin could give you.
699  Bitcoin / Bitcoin Discussion / Re: Nearly 35 million Blockchain wallet users at the end of March 2019 on: May 31, 2019, 07:59:31 PM
I just found out about this statistic and I think it's pretty impressive.
Here' is information from Statista:

"The number of Blockchain wallets has been growing since the creation of the Bitcoin virtual currency in 2009, reaching nearly 35 million Blockchain wallet users at the end of March 2019. "
https://imgur.com/UWrT8c5


source
https://www.statista.com/statistics/647374/worldwide-blockchain-wallet-users/
It is without doubt that this is a big and impressive number of wallets, and it shows how much the bitcoin has growing and how big its community has become, but this is represents the number of wallets created, and not the active number of wallets, meaning someone could just heard about bitcoin and created a wallet and than just gave up and forgot about it, and also people could have multiple address, i personally have 3 wallets on blockchain, but this still a pretty big number.
700  Economy / Trading Discussion / Re: I need suggestion on: May 31, 2019, 07:34:51 PM
I am looking for some altcoins to invest, which is profitable in this situation. Theres lot of coins, so i am confused Where to invest. Thanks in advance 
You have to be specific about what you are looking for, that means if you are looking for long term or short term investment, if you are looking for short term investment i would highly suggest not considering any altcoins and just go and invest with bitcoin, but if you are looking for long terms than in my opinion i think you should consider Ethereum, i t might no be doing good right now but soon and with the upcoming futures it will surely grow and get back to the place that it once was, and also binance seems like a growing coin so you might also consider it.
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