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701  Alternate cryptocurrencies / Speculation (Altcoins) / Re: WILL ETHEREUM HIT $1000 SOON? on: December 02, 2017, 12:39:52 PM

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ARE WE LOOKING AT $1,000 IN THE NEXT COUPLE MONTHS OR SO?


I think we can see the climbing of 1000 USD prices in the month of January or February. I can see that from he market capitalism that is growing day by day. Though the prices have been restricted to or has been kept in limits at 450 USD since two three day then also I believe that it will be taken off soon.

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AND HOW CONFIDENT ARE YOU IN ITS POTENTIAL??

Well I have bought 3 ETH last week and I'm planning to buy even more, thats the confidence I'm having currently.

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I'VE INVESTED IN MANY ALT COINS, BUT MY GUT IS TELLING ME ETHEREUM IS THE NEXT TO BLOW UP AND HAS THE LOWEST RISK INVOLVED .. WOULD YOU AGREE??

The same thing and the same explanation like above. I believe in it completely and so I will also have guts to invest into it predominantly over any altcoin.

702  Economy / Service Discussion / Re: Mining companies on: December 01, 2017, 05:10:38 PM


thanks so much for the 3 , I am going to look into the cloud mining aspect more. maybe this could be another way to make investments in world of crypto? maybe a long term?



Not really best investment opportunity. As we have seen the hash flare gone wild with their contracts terms, turning the lifetime contract to short 12 month contract is getting worried thing now. They have high fees of withdrawal with high limits of withdrawal too. This means you are not able to achieve that ROI also for which you had the investment earlier. Anyway, you can still look into the Genesis mining but the question rises, what will happen if this company also turn down their contract terms when we are in the middle of contracts terms. That could be fearing dream and one should always triple check all the aspects of this.


P.S. Dont do cloud mining. You can check for hardware mining by yourself if you have good investment. 
703  Bitcoin / Bitcoin Discussion / Re: Bitcoin seems outdated on: December 01, 2017, 04:46:13 PM



Bitcoin is slow , has high fees ... ? where are new upgrades ? When you look waves , eth , ltc , bitshares so bitcoin seems outdated against all these alts. When you look at all this upgrades and look at bitcoin so it seems like development is dead ... can someone explain me why btc can't have some new upgrades for faster blockchain or something like that ?

 BEFORE YOU POST SOMETHING READ THE WHOLE DISCUSSION AND DON'T POST USELESS POSTS !



Oh come one man that was just temporary period when the transaction were very slow. This kind of slowness will come multiple times in the future because whenever shit coins like BCH will interfere with the blockchain invested, which is not good approach anyway.

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development is dead


No it isn't dead yet, there are so many developments already gong on thats why big entities like futures are now ready to accept the bitcoin in first place. Once such companies starts coming into the market of crypto then bigger developments will take place surely.

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faster blockchain or something like that ?

There is no such thing which is faster than the blockchain. Even the swift technology which is similar to blockchain and used in the traditional banking system are having the problems of faster transaction. The load on the blockchain is enormous and still it is faster. More developments soon as I said in second point.

 
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BEFORE YOU POST SOMETHING READ THE WHOLE DISCUSSION AND DON'T POST USELESS POSTS !

LOLZ!

704  Bitcoin / Bitcoin Discussion / Re: Are you taxed on Bitcoin? on: December 01, 2017, 04:26:14 PM



Yes I am taxed but I was not taxed by the government because they did not know I have income from the bitcoin. I did my tax filing last march month the financial year end and I was successful doing that. I was asked with no questions and my income was considered as digital marketing income by government as they had nothing else to categorise in. I was happy about this filing because now I know very well that I can file the bitcoin tax easily and I can earn whatever amount of money I want form the online market. Next time I can just list my income under the digital marketing and it will get approved as the letter received b the income tax department. So yeah its pretty good feeling and you could stay safe with this as next time you won’t be having any fear of tax department knocking your door with legs actions. Lolz.


705  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum hits $500, moving towards $50 Billion market cap on: December 01, 2017, 04:05:58 PM

Somehow coins are behaving like bad ass because o none of them are really acting the straight way and getting the upward leap followed. They are all following the path of bitcoin which can be clearly seen.


The Ethereum in all is showing mega movement and I think that is not good way to go with it. Either this coin just trying to stay in safer side by having the investment with equal proportion as it had previously. This to keep to keep the Ethereum dominance upto the mark and people don't see it falling below the alt coins which are there in the market.


May be our speculation could be wrong or could be true but what we have to do is just to keep the investment up going on. We know that alts or ether itself is very volatile as well as uncertain market.


706  Alternate cryptocurrencies / Altcoin Discussion / Re: Now I think its time for alts to shine. on: December 01, 2017, 03:39:02 PM


Btc has run too far too quickly possibly due to manipulation by hedge funds. But it wont crash too hard I think. By guess is undervalued alts will rally hard now. Just a guess



That is why I believe that many of the altcoins already had pumped prices through this week. The ups and downs are being adjusted according to the prices of bitcoin. I clearly saw how the alts went down when the bitcoin was going down since two days. Now bitcoin has got its dominance again and it is on the verge of going back to 11K today or may be more who knows really! So alt coins will follow the same in the future to come.


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But it wont crash too hard I think


Hopefully we don't see that one and I don't loose my investment in the meantime. Lolz.


707  Economy / Economics / Re: Bitcoin price due to retail investors? on: November 30, 2017, 01:14:05 PM

The thing is there are so many way and so different sectors which might be getting into bitcoin in first place and we will never form where the maximum money is coming into the bitcoin. Its not deniable thing that bitcoin is being invested from every sector with some % of amount of real money. This will keep going on and whether its retailer or whether its small investor like an individual everyone is liable to some contribution in the bitcoin. Also, have you considered the thought of people who are using the bitcoin to hide their black and lunadary money? This could be another source form where maximum amount of money is coming. Though we know very well that its not good thing but after its pushing the bitcoin towards higher rates of market capitalism. So that why we call it anonymous currency and market as whole.

708  Economy / Economics / Re: why bitcoin is so much special than others currency ? on: November 30, 2017, 12:31:43 PM

I think its more or less about the bitcoin wealth and profits that are attracting people now a days.


In between year 2009-10 people were curious about crypto currencies and hence they started to invest into it as curious person or may be just to have fun.

In between year 2011-2012 people started looking at it as potential coin of the future where money can be grown into something bigger. They started seeing the dreams and tried it out.

In between year 2012-2015 people saw giant leaps of the bitcoin going all high to 1K price from few dollars and soon the curious nature and wealthy drams led to serious investment into it.


This is how people went into bitcoin. After 2015 it was all about the mining, making money out of bitcoin, trades and exchanges and all the miscellaneous ways that we are following no a days. I think these are the versatile reason people started going all into it.

709  Economy / Trading Discussion / Re: Buy Entry on: November 30, 2017, 11:50:53 AM

I think it is perfect time to buy the bitcoin. Anymore late and you are gone out of the race and will loose the money in first place, well the profits!

Thing is after the correction though resistance is there but it will never stop at one point and looking at the current rate of people who are interested in it I’m sure that it will go only in the upwards direction and thus will make its ways through higher price achievement. Its sure this is not the stop yet bitcoin has to go further and if there are investors like you and me who missed the chance of investing into it earlier but we now know its potential then we must not miss it again and invest and proceed for the next level.


The users are aware that crypto dominance is very high in the world market now. We could expect new merchants, well known brands to accept this currency as way of payment and thus it would be great support for it. :-)
710  Economy / Service Discussion / Re: Cloud Mining on: November 30, 2017, 10:50:56 AM

Just ignore the cloud mining and look at the alt coins currently. How they are growing, be smart investor rather than just earning a hope form scam website. To be honest guys like you ask question about the cloud mining, like one or twice a week and we are always here to disagree the facts of cloud mining is legit one. They pay no problem about that but only until few months or may be years but not after that. Also, take into consideration that you have to re-buy the contracts after year so you cut loose your profits and don get anything but loss.



Are you serious? $100 for cloud mining? Not only is cloud mining not profitable but the amount willing to be invested is very small. Its better to spend all of that on an altcoin under $20m in market value and try to get lucky for a 10x return.


Now that is true fact and indeed investing that much would give you only few MH/s of hash rate which isn't enough for you to earn money, not even ROI within year.

711  Bitcoin / Bitcoin Discussion / Re: Is it possible to find lost bitcoins? on: November 30, 2017, 10:26:56 AM



those bitcoin are like gift for everyone, they decrease the inflation and permits bitcoin to worth more, it is rather a good new that many bitcoin got burnt for the bitocin holders, would be nice to know how many but we will never know, its certainly much more than we all believe



Yep, and with over 1 Million bitcoins hacked from Mt Gox and Bitfinex, that's about 5% of the coins right there.   Then who's to say how many have been lost over the years from people who misplaced their keys...probably at least another 1 million coins.  The 21 Mil coin availability is probably more like 15 million between the hacks, lost coins, and burnt coins.



I don't think we even have 15 mil coins in circulation at this point. There are pretty much less than that. Because hey you forgot that MR. Satoshi holds more than 6% of coins in his possession too. Lolz. SO that is why the prices are rising here and we are running out of the supply. The demand well it will never stop increasing and hence it will create amphora of investors leading to more demand. We might just hit 15K rates next month or even further if investors kept everything on the serious ends


Im fully confident that the supply is now so much less the rates will boost up a lot. The whales must be knowing this and they might invest more than millions in single shot.


712  Economy / Economics / Re: How can we stop Bitcoin from crashing? on: November 28, 2017, 06:57:31 PM
What is the way to stop Bitcoin from being a bear market?

If we speak about bitcoin with current rate of BTC = 10,000 USD then we should not be worrying about it crashing all the way down to 1K or 2k rates, instead we should be thinking about it’s newer developments and how we can push the price even further. I’m sure fork is not the right way to do it, if you gonna suggest than one so we will drop it first. We must focus on supporting different projects which are helpin bitcoin grow, for example few of the rare ICO projects etc.
with current price bitcoin market cap is too heavy to drop and that’s why I’m sure it’s not going down off the record, it may drop to 8k or something but not more than that.
713  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin's future on: November 28, 2017, 06:25:02 PM
Looking at the current rate it seems to me very fine. Recently invested into this coin and it started going up really fast. I think we should keep an close eye on this coin as the future seems to be having lot of development for it. This coin might take the place of ether soon and as we know the ether is already vacating it’s seat. ;-)

So you see where Im going with this speculation. There is always hope for one coin after another and you never know when you will hit the right spot. ;-) So crypto is the world where it asks for only one thing and that’s to keep investing and trusting the specific coin that you think will make it through the break through.
714  Alternate cryptocurrencies / Altcoin Discussion / Re: RIPPLE vs Bitcoin. What will banks do? on: November 28, 2017, 05:52:13 PM
Why would they choose the ripple currency ? Just because it is centralised and have controlling prices. No I didn’t not think so. If they want to keep their stability for the long run then they will simply get the bitcoin as primary way of transacting along with the traditional banking system. All it matters is the use of blockchain and I don’t think ripple will help them in anyway here. Though bitcoin is not controlled currency they don’t need its power in that way, rather they will use its market cap to achieve their targets and harness the power of blockchain. That’s all they wanna achieve in first break through. Acquiring ripple, then making it bigger currency by manipulating would be more costlier for banks rather than just having bitcoin.
715  Economy / Trading Discussion / Re: Education for trading crypto currencies on: November 28, 2017, 04:17:03 PM
Your question is general one where you basically want to learn the crypto trading and want to ask whether you should be comparing the real stock market with this one.

Well as per @Yaunfitda he has got all the answers covered pretty well. But for the last question I would suggest you to go with HitBtc exchanger which can help you to provide the demo account and where you can learn different techniques to trade by using real time signals, and analysing them.

Apart from this I would like to suggest that you should really keep the crypto trading as simple as you could because things here are very volatile and everything depends on the volatility itself.
716  Economy / Economics / Re: One Bitcoin, $10,000. Ten Thousand Dollars. on: November 28, 2017, 03:54:37 PM
Yeah this great news for sure but we must not forget that people are always willing to grab bigger profits and thus many of the investors might just start selling their bitcoin.
The reason :
1. Already too high price will start panic reaction.
2. The year end and Christmas is coming so people need huge money to spend.
3. The market is too volatile and may start dropping suddenly if correction happens.

The reasons could be different but we must keep ourselves ready for any unusual activity. Until then keep investing guys. ;-)
717  Bitcoin / Bitcoin Discussion / Re: Bitcoin bubble will burst but blockchain technology will be useful, says private on: November 28, 2017, 02:49:59 PM
Honestly, I don't trust those wording from experts. They just calculate based on their statistic which is not accurate at all, better don't read too much of these articles. They will ruin your life  Embarrassed

Lol.

Surprisingly I don’t trust these articles either because they are not really perfect predictions. These people sometimes will just brag in front of the news so that more attention can be seek by them. However there are few of them who will do the predictions in perfect way. So I’m not completely against them but really don’t trust them either. At least I will not make really big decisions based on these kind of reads. It is better to watch ourselves in the forum and reading the knowledge from there. That’s the best way to deal with the BUBBLE BURST of bitcoin. ;-)
718  Economy / Economics / Re: Do you think bitcoin ever be safe for any investment ? on: November 26, 2017, 07:03:49 PM
Whatever you are saying is perfect in the logical way. But why government will even tr6 that out is really fact and it would be nonsense for the government to take part into something which is decentralised and where they don’t manipulate the prices. If that’s the case then they have no interest yet as long they make some laws which will help them to charge heavy taxes on bitcoin transaction. However that will then become the centralised way of transacting and thus it will minimise the difference of swift and blockchain technology. No use I guess. Not yet.
719  Economy / Economics / Re: pros and cons of bitcoin vs USD as global currency on: November 26, 2017, 04:54:28 PM
The instability of the bitcoin price could be the limiting factor while choosing the bitcoin as global currency. People will never understand the proper use of it if the prices kept changing. Not everyone is educated enough in the field of bitcoin to know about this instability. Anyway apart from this the insufficient supply could also make bitcoin very expensive currency and it will become very difficult to manage to supply. I know the satoshi units are there anyway but they won’t help as the transaction fees could kill them. So we will need bigger pieces or payments to be sent once. So many things to apply it practically.
720  Economy / Service Discussion / Re: Lending less than 0.1 BTC on: November 26, 2017, 12:59:24 PM


You might need to rank up a little but you could try here n the forums. Just remember to always ask for collateral so you safe. As long as you can do that it's fine and perfectly safe. The problem is getting people who want to loan btc to come to you. I'm not sure how much profit can really be made.



I think he can just pop into the Lending section of this forum. Whatever I read over there tells me that people are putting the price that they want to. So there is competition on how much percentage to be taken as interest rate and you can start lending once you get the lowest interest and people start showing up at your thread. Also, you must offer the escrow service here because it could be risky business and people might just flew away with your money and you may not see the fruitful results over here. Better invest your money into trading or just hold the bitcoin and watch it grow, the traditional way of earning the money. !


Do this if you really don't know what to expect from the bitcoin lending, we can mortgage things in the real world but what you do in the business where it online and everything is anonymous. I never liked the idea of lending anonymous coins and expect return form it. Thats crazy and I would never do it and I will also not take loans as whole thing is different story for me.
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