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721  Economy / Trading Discussion / Re: Tell me the trading strategy. on: July 24, 2017, 11:33:58 AM
I'm not really trading much as probably others do but if I can suggest you something: don't panic-sell and don't invest in those "shitcoins"
To find which is the shit coin to do trade is a strategy. To find this, we need experience and have knowledge on trading especially you must know how to check which is a good coin to invest and which is a shit coin not to invest. Your suggestion is good but to follow this suggestion we need experience.
722  Economy / Trading Discussion / Re: You lose only if you sell on: July 24, 2017, 11:30:29 AM
All this informations and rumors about August 1 influenced the users and made some of them to sell because they were afraid they will loose the money. But more experienced users new that is better to hold and they will earn a big deal. So, don't sell unless you have to an and control your emotions.
Aug 1 triggered people to sell there coins. Many people are now selling bitcoins because they are afraid of it. But not me. I believes that bitcoin will go higher after that day. It only dumps because of a price correction. I belive in bitcoin i trust it and hopes it for the best with a prayer.
Although use emotion for trading is bad idea, but I still believe the price of Bitcoin after August 1st can stand still and increasing, because I not know the reason can make it falldown again. Just by mentality fearing of trader before SegWit2x happening
Because of this date fear, people stopped to do trading, and it affects on Bitcoin price. People spread news like the Bitcoin will split 2 coins, and the price will go down. It made the new comers, and some panic people sell their coins for a low price. Now they all feeling so sad because the price is increased and next week it will speed up. So don't sell your coins.
723  Economy / Trading Discussion / Re: Loss almost 40%, should stop trading or not ? on: July 24, 2017, 11:24:19 AM
Depends on the perspective for example now is a lost but if you are patient the market will fluctuate and you will have profits.

It is like saving your best card and reveal it when opportunity shows itself. Holding now is a gamble, and it is always a part of trading. Just be patient and don't give up easily.

agree with you guys. its ok to hold your coins when the price dumps, whats not ok is you sell your coins in a loss manner or i rather say at a losing price.. just hold, you may stop or rest from trading but dont sell your coins in the losing side.

Now buying time over only selling time but don't get panic and sell now hold your coins at least this year end I think you will gain back your loss, yes the price will 100% increase in coming 2 or 3 months. I am expecting 50% increment in all reputed coins price. So don't give up be in patience. 
724  Economy / Trading Discussion / Re: Is 1000 btc Possible on: July 24, 2017, 11:18:15 AM

Is it possible to earn 1000 or atleast 100 bitcoins with trading Altcoins.If I buy some bitcoin at cheaper rate today and it's price goes up in future?Which alt you think has potential to make me 1000 btc




Theoretical speaking every alt has that much potential because they can get pumped at anytime in the future. But practically it's not possible because the investment keeps changing continuously and it is not in the exponential form. The dream of hundred BTC is only when the alts are stable and growing constantly with time. I'm sure there are none like that instead of ETH.

Put some hopes on alt and wait your dreams comes true. in 2009 when the Bitcoin invented no one expected the price of the bitcoin will increase up to $3k in 8 years. After this Bitcoin ETH is promising people to invest on that coin. I think this coin will make you rich if you hold it for a long time.
725  Economy / Trading Discussion / Re: How do you Panic? on: July 24, 2017, 11:13:45 AM
How do I panic?
well slowly at first then suddenly

Trading crypto coins is a very fast-moving market and there are just going to be days when you have to move fast, so is that really panic?

The OP wants to know what you do with that situation .A fast moving market of crypto is normal and there is always a panic creatwed there in panic buying and selling especially in the newbies . I the way you reply i think you're a pro trader in handling those occurance.

Not only the newbie guys who's been panic for past weeks new since their are actually long time guys who's been alerted for the split thats why we can see those big downfall happen for that time, But for seeing the price today I can say that the trust of big whales for bitcoins has regain back that's why we see the price is almost reaching for 3k $ as of todays report.
That’s true! We can’t limit panicking to new traders. Many old investors panicked badly in last couple of months. That’s nothing new in crypto world. People do get panicked when prices are dumping continuously. But currently, since prices are pumping again, majority has again started believing in bitcoins to make a great profit after the implementation of Segwit.
Now everyone decided what ever happen they will not do trading until August 1st. And the newbies also get alerted for this reason, and they are not doing any trading from last 2 weeks. But the panic will come common for both newbies and experience. Now we have a reason that is August 1st so anything can happen we will not get panic before this date. After this date, of course, the newbies and experience both will get panic if Bitcoin price drops.
726  Bitcoin / Bitcoin Discussion / Re: Buy more bitcoin or wait for August 1st? on: July 21, 2017, 12:14:18 PM
Everyone should decide for themselves when to buy bitcoin. The main thing is that it need to buy. This currency has a great potential and you earn on this trade no matter what price you buy it, but I think that before August 1 bitcoin will still fall.

well im not so sure, Bitcoin is very shy over the last 24 hours of crossing $3000
only 48 hours would have been a better time to make a move.

anyway its an uncertain time at the moment regardless of the price of BTC
I think before this August 1st the price will not cross $3000. Suppose if it passed means confirm again the price will drop to below $2500. But if it is stable at $2600 or $2700 then after this August 1st the price will take a sudden increase. I will not buy any coins now because the price is too high. I just wait for August 1st.
727  Bitcoin / Bitcoin Discussion / Re: What do you like best about bitcoin? on: July 21, 2017, 12:01:49 PM
Security and speed of transaction is the thing I like most about bitcoin, when transactions with banks cost more expensive of course we have to find alternative transactions, and bitcoin is the solution.
Now this confirmation time and the transaction fee is the big disadvantage for this Bitcoin. People not ready to pay high amount to get fast confirmation. I think after this August 1st this problem will be solved. After that what you said it would become right. Confirmation time will speed up, and the transaction fee may go lower. 
728  Bitcoin / Bitcoin Discussion / Re: Why people are holding Bitcoin? on: July 21, 2017, 11:57:21 AM
Bitcoin has the ability to grow rapidly and over several years to make a millionaire out of a person, so many do not lose hope that everything will stabilize and the price will go up.
Bitcoin has got the highest growing potential as well the larger user base than other traditional currency. Also there are several real life incidents where people had become millionaires just through bitcoin. This makes the users hold bitcoin with trust and make their investment more valuable for the future.
Yes, just 3 or 4 years back who ever put trust on this bitcoin and bought bitcoins and saved it in cold storage. They all become millionaires now if they hold it for few more years there is no doubt the huge coin holder will become a billionaire. This is only possible who bought bitcoins long back. This is not possible for new comers.
729  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: July 21, 2017, 11:53:39 AM
I save bitcoin to deal with future financial crisis if i may have. i do spend bitcoin, recently i bought amazon gift card with my precious bitcoins. Smiley
Initially, I save Bitcoin just to verify that it really has enormous benefits as my friends have said or not. However, at present I keep Bitcoin to secure my future life. It can completely turn me into a rich person in the future.
Exactly the Bitcoin will turn your life if you hold it for a long time. But you should buy now only after 2 or 3 months it will become too expensive to buy. And you need to invest a big amount in buying bitcoins. That is why I am saving my bitcoins, and I also become a rich person if I hold it for minimum 5 to 6 years.
730  Economy / Gambling discussion / Re: Cricket match prediction discussions on: July 20, 2017, 06:37:57 PM
Indian women team has started very well, but after getting set every batsman has got out. 3rd wicket partnership was looking cool but Raj should give more concentration on the pitch. after taking 3rd wicket Austarlia team pushing them and trying to come back to this match, India should not lose the control of this match, this is totally a mind game for both side.
The overs are only 42 and India has played 27 out from it and still at 118 runs , if Australia take the fourth wicket then team India could get into nervousness. I have bet on India to win, so finger crossed.

India is playing little cautiously at the moment. It seems that they are trying to hold back and may explode later . I think one batswoman should be aggressive and other play the waiting game. This will help them to get a good score on the board.


Anywhere around 240 will be a good score and I got good odds for Indian team , they can do it Smiley Its hard to chase when the overs are reduced so lets see what happens . Kaur is playing really well at the moment , she deserves 100.
Your bet on India is very good today they done great job Kaur is hero of the day what a inning from this player on very special day looks like they are going to touch 260 if this happen then this could be very interesting match Australian batting line up is also very good but right now weather is biggest threat for them
Yup , I made the right decision I guess . 3 wickets gone and Aussies are in trouble , India must take out Villani before she causes real damage otherwise this match can turn around again in Aussies favor .

Aussies still in the match and Villani playing responsibly. Indian Fielding is not that well and Australia batswoman taking advantage of it. If they won't take 2-3 wickets in the next 10 overs then it'll be too late for them.

P.s. Villani was gone.
Aussies still in the ground but today they will pack their language and go home. India just one step away to reach finals. What a tremendous performance from Indian women's team. First unbelievable batting from Harmanpreet Kaur just 115 balls she scored 171 runs if over not reduced means she will score double century bad luck. AUS need 64 runs from 30 balls and only 1 wicket in hand it is possible?
731  Economy / Gambling discussion / Re: Is betting a good choice for a newbie? on: July 20, 2017, 06:30:30 PM
I am earning and collecting bitcoin to bet on sports in future.Will it be a good choice to invest in it betting or other things.Where should i invest my bitcoin to have a long term profit?
If you are good at sports betting that may be an option but before deciding to do it you should at first test your method in several games and see if you can become a winner in the long term if you can then go forward but if you cannot then try to find other ways to make money.

Sports betting is always better then casino games as if you have good knowledge of any sport then you can develop your strategy and bet accordingly as if you follow it then you will be aware about the strengths and weaknesses of the team which will make bit easier for you to predict the final result.
That is the biggest difference in almost all other games in a casino you have no way to influence the result or to improve your chances of winning but in a game like sports betting you can analyze the game and how good the teams are, this can give to those with the skill a small edge over the house.
I will not suggest newbies play any games in gambling because they will not stop in one game they will try all games and lose their money. Gambling will not fix your life it only wrecks your life. So if you have extra money and you are ok to lose that money in gambling then come and play another wise stay away from this gambling.
732  Economy / Economics / Re: So, you want to be rich? All of you ? on: July 20, 2017, 06:22:52 PM
I think everyone wants to get rich .. in any way they do to get rich. They are willing to work all day to earn money. Sometimes they are willing to pass through the rain just to get the money. That's all they do to get rich. Me too .. go to this forum to get botcoin so it can make money. I'm sure if I invest in bircoin maybe we'll get rich
Absolutely all people wanting to be rich, no one wanting to have a financial problem. We just want to buy all the things we want and free where to go without worrying a money. And i think bitcoin can helps us to be rich in the future buy investing money for long period of time.
yes that is right that everyone want to become rich but i think only those people who have good luck and having good knowledge and experience in relevant field then they can really make good profit and can become rich.
Education and a good job are not only to make us rich. If you work for someone, there is only 2 to 3% chances are there to become rich from that job. Because a lot of competition and daily the technology will change you should go up to date and the possibilities are very less. If you put that effort and do your own business, definitely you will become rich one day.
733  Economy / Economics / Re: Bitcoin vs Taxes on: July 20, 2017, 06:17:28 PM
Here in my country, there is no tax when you buy bitcoin but there is a fees when you buy in bitcoin company like coins.ph, buybitcoin.ph. Thats why they earn a lot of profit / money because of they make a business that trade real money into bitcoin.
yes no tax even in my country on bitcoin. i think my country the government even do not know about bitcoin but still there are a lot of people who are using bitcoin, in future when bitcoin will become so much popular and become legal currency then may be government put tax on bitcoin.
OP is asking will you pay tax for your Bitcoin money. You people are miss understanding this without knowing you are paying tax to your governament. Yes, we all are paying tax to the government. How you know you will sell your bitcoins and that money will come to your bank account right. So this transaction will be noted in the bank statement. The government will check your yearly transaction if it crosses the limit you should pay income tax to your government this is the standard rule in all countries. So we all pay tax to governament.
734  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: July 20, 2017, 06:00:11 PM
Holding bitcoin is much more better than holding gold if you want to earn more money. Gold is only for saving purposes and I can ensure with you that the amount you earn from bitcoin in a long term will be %1000 bigger than gold. However, gold is the safest place to put your money in and if you do not want your money to fluctuate while holding bitcoin, just hold gold instead Wink
Have any future plan and want money to build your future plan then invest on bitcoins it will give you good returns. But you have extra money, and you don't want to grow that money means have black money you can invest that money in gold. The price stable and your money will be safe, but the only thing is you will not get more profit.
735  Economy / Economics / Re: Cashless society on: July 20, 2017, 05:52:48 PM
Have you ever wondered how would the world's economy be like in the future as a cashless society?

Perhaps, with the increased traction of blockchain acceptance nowadays, could lead to the creation of digital fiat currencies powered by blockchains that are managed by governments themselves. With this in mind, there would be no need for physical cash, as digital fiat currencies would provide many advantages such as quick settlement, global payments, full transparency, implants use on citizens to make payments, and more.

If this becomes a reality, which I'm sure that it will, it would radically transform our lives for the better and reduce criminal activity as a result of the full transparency and auditability that a digital fiat currency would have thanks to the power of the blockchain technology.

Also, it makes me wonder if cryptocurrencies like Bitcoin would exist by that time, or will they co-exist with digital fiat currencies.

Nevertheless, I would like to know your opinion about this.  Wink

Cashless society. If this will be come true. This will be great because of fast transactions everytime you make payment. No more snatchers in the street just a hacker or phishing site that will cause threats. Easy and convenient way of living.
Cash and cryptocurrencies have their own strength and weakness. It is not right to say that the transaction will be faster in the cashless society. As you can see, when you make a face-to-face trade, cash is always the fastest way because you only need to give them a piece of paper which has value come from the government.
Dealing with cash is any time dangerous. Small amount transaction is ok but for huge amount transaction cashless is the best option it takes less time to deposit and no more tension. Sometimes we will get fake notes in paper money, but in online it is not possible. Paper money transaction is very fast but not safety and crypto currencies transaction are little bit slow, but it is secure transaction.
736  Economy / Trading Discussion / Re: Another opportunity to buy Bitcoin at Cheap price on: July 19, 2017, 10:49:55 AM
Many traders are selling off their Bitcoin because of what will probably happen on August 1. https://coindesk.com market index show Bitcoin trading below $2000 I think this is the best time to buy as the dump is see to be over at the moment. Having been following crytocurrency for quite some time now I see this as another way of dumping bitcoin lower so the professional and skillful traders to buy low and take profit when the price get to $2800. For your information, nothing serious is going to happen August 1.

I agree with you here dude. There probably would be a slight difference but not like it will be a major decline or boost. Even now, btc price have bounced back pretty good already and almost back to what many would consider as normal. I don't worry too much about aug 1 beyond

I think we are going to see a lot of changes in Bitcoin after August 1st. It maybe in Bitcoin technology or Bitcoin price. There is a news like Bitcoin will split 2 coins if it happens then surely, it will affect us. And also there is an expectation of a price will go very high like up to $4000. I am not worried about this day, but my curiosity is increasing what is going to happen.
737  Economy / Trading Discussion / Re: Buy now... or on July 31st? on: July 19, 2017, 10:43:36 AM
I think buying bitcoin before the end of the month is July 31 is a very positive thing. Because not necesaarily the bitcoin price will be the same after July 31 even possibly can go up.
After July 1st if the Bitcoin split then we will get the opportunity to buy bitcoins. If it does not happen then, that's it the Bitcoin price will only increase there is no decrease. And we already missed that right opportunity to buy bitcoins. 3 to 4 days back the price was $1800 it was the best time to buy bitcoins. But now don't know one more time you will get a chance or not. 
738  Economy / Trading Discussion / Re: Where to learn how to trade on: July 19, 2017, 10:39:01 AM
i think youtube will do but at the end of the day, your own experience will teach you how to do and it depends on the present market you are trading in.
There are a lot ways to learn but it depends on you on how interested and how resourceful you are, if you are wanting to get a lot of relevant information then internet is the answer. Not only watching youtube can help, but there are a lot of articles, news, and publications you can read online that will eventually improve your knowledge.
Share market and digital currency trading both are almost equal. But digital currency trading you must have knowledge on different types of currencies that means all types of altcoins. To learn which coin is good and which is bad this forum is the best place. So after information in youtube and other stuff. Just go through once in this forum trading section you will get answers for your all questions.
739  Bitcoin / Bitcoin Discussion / Re: What is BTC for you? on: July 19, 2017, 10:34:22 AM
Bitcoin is like a partime job for me now as a current state of my carrer as bitcoiner i earn a few dollars in bitcoin so it can help myself and also my family add for our daily need i dont if someday maybe and i wish too that i can earn more a lot using bitcoin and help my family i hope so for now is a partime helper. Thank you so much bitcoin and I love Bitcoin more and more

I also treat making Bitcoin my second job, and I will keep some time for only to make Bitcoin in my daily schedule.
Nowadays this is the best way to earn some extra money from Bitcoin. Any other online job will not pay this much of high amount. And if we are intelligent we can make this amount double by doing trading business. I agree that I made money in Bitcoin so thank you bitcoin.
740  Bitcoin / Bitcoin Discussion / Re: Bitcoin is instant way to get rich ? on: July 19, 2017, 10:27:36 AM
Bitcoin can make you a millionaire if you invest at the right time, but you can lose everything if you invest in the wrong time. If investing makes you rich in a short time, it also carries a high risk of making you lose everything. Tips for you
Yes but we missed the right time. Last year it was a good time to invest our money in Bitcoin. May be that time will never come in future. Means we will not see Bitcoin under $1000. Who all bought Bitcoin under this price they all become a millionaire after this segwit.
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