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741  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Yesterday India, today china, tomorrow USA on: February 12, 2018, 04:23:04 AM
Think we are overlooking one big aspect of this all and that is the governments are regulating cryptoscurrencies which should be a bullish signal for anybody! Sure there may be a temporary pull back because there will be some FUD but cmon the overall arching theme here is that cryptos are here to stay, governments want the tax, and moving forward they realize they can't stop it so might as well tax it. As the old addage goes if you cant beat em, join em Wink.
But this is where governments have a real big problem if they ban bitcoin an altcoins then they get nothing out of it and people keep using them as if the ban was not in place, however if they put regulation in place that means they are basically recognizing cryptocurrencies and as such the adoption will go up, so no matter what they do they cannot win against cryptocurrencies.
742  Alternate cryptocurrencies / Speculation (Altcoins) / Re: A little good news on: February 11, 2018, 03:16:19 AM
Individual payments in crypto doesn't mean much on a global scale. You will always find someone willing to take crypto. Even for something big as a boat.
What governments are doing is much more important than what a single individual is doing.
What is your country? Weren't the floating piers in Greece?

Do not underestimate these little pieces of individual Bitcoin use, small or big, they leave behind a mark and set a precedent. Remember pizza day? If some guy never bought 2 pizzas for 10,000 Bitcoins, several times, maybe it would have taken longer for people to attach value to Bitcoin. It is still remembered today as the first real transaction involving Bitcoin. Maybe one day people will remember that boat purchase in the small country when everyone is using it.

What goverments are doing is one aspect, but Bitcoin survives and thrived before any government knew about it, not because of policy but because individuals used it.
As the proverb goes 'a journey of a thousand miles begins with a single step' we cannot ask for people to begin to use bitcoin if we do not practice what we preach, so if you can, always suggest a person to pay them with bitcoin, most will not accept but you could be lucky and find someone that is interested to accept bitcoin as a payment option but did not brought the topic.
743  Alternate cryptocurrencies / Speculation (Altcoins) / Re: what are your predictions in the future for the ripple? on: February 11, 2018, 03:06:26 AM
what are your predictions in the future for the ripple?
I wonder what level can ride the ripple in the coming years
Ripple will touch $20 by end of 2018.
If you are going to make such predictions at least make the math before, so you can see how high it is with ripple at 20 dollars the market cap of ripple will be close to 760 billion dollars, the current cap of all the market is 403 billion dollars that is more than 5 times the current cap of bitcoin and you think all of that is going to happen in just 11 months?
744  Economy / Trading Discussion / Re: Altcoin trading on: February 11, 2018, 02:53:54 AM
I am a newbie to BTC field.I have little little bit of BTC amount(around $14).Is it enough to trading altcoins.IF it is what are the sutable altcoins
You need more money 14 dollars is such a low amount of money that is almost impossible to do much with it, with that amount of money you could barely cover the fees, now you are in luck you do not need a fortune, a few hundred dollars can be enough but if you can get your hands in at least one thousand dollars that will be enough to start your trading career.
745  Economy / Economics / Re: Will bitcoin effect the current economy system? on: February 11, 2018, 02:43:19 AM
Since many uses bitcoin as the new cashless method. So does it will effect to each own country's economy?

Anyway, bitcoin and other crypto-currencies have already attracted huge attention from countries. In the future, some countries will prohibit, some regulate and some will implement. For this reason, Therefore, I believe that bitcoin will change the system of the economy.
I just hope at that point to have enough bitcoin to be able to move out to a country adopting bitcoin in the case the country where I reside decides to ban it, because I have the strong suspicion that bitcoin is really going to change the way we understand money, even now many are not sure that is going to happen but it will, it is just a matter of time.
746  Economy / Speculation / Re: future bitcoin? on: February 10, 2018, 03:37:09 AM
if last year bitcoin scored a very surprising value.
does bitcoin still have the potential to register much higher value this year and in the years to come?
will the predictions of cripto be a reality or just a mere wishful thinking?
with great pleasure, I really appreciate your opinions and inputs from all of you.
Thank you very much. Smiley
Bitcoin will reach higher values than the ones reached in the past year since its potential is almost unlimited but there is no way to know when that is going to happen we will like to know the answer to that as well, so the only thing we can do to not miss that growth is to hold our coins I know that is the strategy recommended by most users in the forum but there is a reason for that because it works.
747  Economy / Economics / Re: BTC: Large upward move is emminent on: February 10, 2018, 03:24:47 AM
Traditional investors are aware that crypto has already garnered massive interest from all over the world, and that means more money for them if they entered at the right time. The hundreds of billions of dollars wiped out of cryptospace in a span of a month *could* be regained if the money from the Dow continues to be pulled off and move it to crypto, and smart investors knew that the stocks aren't the best place to put their money in given the current market conditions. It seems that the most viable options they have right now are bitcoin and gold, but I'm not so sure about the latter, and the former being a likely option given its steal price.
Some complain that some people are in bitcoin only for the money, but those that are investing in stocks are all in there for the money if bitcoin investing becomes popular we are going to see a massive amount of money being invested in bitcoin in the next years, after all if stocks give single digit profits and bitcoin gives more than that then investors will choose bitcoin.
748  Bitcoin / Bitcoin Discussion / Re: How to explain BTC values to co-worker on: February 10, 2018, 03:19:47 AM
let him trade it on paper as i did with stock market.
Sometimes I wonder why this simple idea is not practiced more, you do not need any kind of special equipment or anything, grab a pen an paper and begin to make trades that way, it is not very exciting since nothing is at stake but that lets you test your skills, and it allows you to make hundreds of mistakes without losing any money so it is the perfect way to learn.
749  Economy / Economics / Re: Sages of old "predicting" a world of cryptos on: February 10, 2018, 03:15:56 AM
While browsing some online articles, I came across the mentioning of a book by noble laureate Friedrich Hayek, called "The Denationalization of Money". In it, Hayek argues against central banks issuing money and advocates the adoption of private money, not too dissimilar to what Bitcoin was designed as.

Interestingly, Hayek's book was published in 1976! At that point in time, only few people took the idea seriously.

If you know of some other visionary publications that "predicted" some aspects of this new world of cryptos, I would love to hear about it.
In the book the web of debt, Ellen Hodgson describes the economic crisis created by the subprime loans, it is a long book but in the chapter 36 of the book she describes what she calls parallel currencies and describes several examples of this, the most interesting of the examples is the LETS System which was a database recording transactions and accounts, does that remind you of something? The book was printed in 2007, I do not agree with everything in the book but it is a good read for anyone interested in the topic.
750  Bitcoin / Bitcoin Discussion / Re: What stage of adoption is Crypto currently at? on: February 10, 2018, 02:58:11 AM
Supermine said it right. We are in the early days of cryptocurrencies as a whole. Try going out of your house and see if you can find a BTC accepting store near you. You found none? Of course you did. Thats because theres less than 5% of the world's population use or own cryptocurrencies.
True, the fact there is a lot of money invested in bitcoin and alts does not meant that we have reached any kind of big adoption, I have yet to see a single store in my country accepting bitcoin and if I saw it I will buy whatever they are selling just to support them, I still think we are below 1% when it comes to adoption, so this should be very telling because once we reach 5% or 10% I think we are going to see a chain reaction in which most stores will begin to accept bitcoin.
On a large scale we are not even close. However, I still want to believe we are going to be getting past the adoption phase pretty soon. Is it not becoming obvious ?

First, some investors are still scared and looking to see if it is right to get in or not, some have taken the bold step, institutions gradually are stepping, the LN will increase the speed of transactions and make bitcoin even more usable, once we hit those stage, we are going to even be getting past the growth phase, so for now, I will say we are just there in between the adoption and growth phase.
I hope you are right, while I have not being holding my small amount of bitcoin for as long as many people in the forum I cannot wait any longer I want to see bitcoin making a great and visible progress, while having a high price is nice I still do not see bitcoin being accepted anywhere, people in my country despite the high prices show no interest in bitcoin so it is painfully slow the progress bitcoin is making every day.
751  Alternate cryptocurrencies / Altcoin Discussion / Re: Down down we go. on: February 10, 2018, 02:52:28 AM

Those who have Dolars can and should buy, well, from whom all means are invested in crypto (like mine) should be kept, this year will make us all rich. When the whales finish this game down, the entire crypto market will jump and reach those levels that we have not yet seen.
Not everything depends on the whales, we also need some positive news for bitcoin to go up in value an right now we got nothing, the whales know this so they are most likely waiting for the day the activation of the lightning network happens, when that day comes we are probably going to see one of the biggest pumps in the history of bitcoin.
752  Economy / Speculation / Re: Bitcoin Going Up - Good News Apper on: February 09, 2018, 02:48:50 AM
Guys, have you noticed that everytime the market goes down, the internet is filled with bad news and apocalyptic news about crypto. But when the coins are rising, only good news are seen?
We must learn to not pay attention to this kind of manipulation
Sometimes is not manipulation but just a reflection of what people are thinking, take the forum as an example, when things are going fine then we see all kind of threads predicting bitcoin is going to take over the world but when the price begins to fall we begin to see threads claiming the price is going to crash, so while manipulation is part of it we cannot explain everything with it, people are deeply emotional when it comes to their money and bitcoin is no exception.
753  Alternate cryptocurrencies / Altcoin Discussion / Re: How would we know which cryptocurrency would be Scam? on: February 09, 2018, 02:40:04 AM
In particular, forms that ask for the same information as your wallet address and private key on your google form are strictly fraudulent.
When ever someone ask you for more info than usual, that should sound an alarm in your head.  New icos that ask for more then your address are trying to take info about you that they can use for robbing you later, or making some purchase in your name.
I use this forum to check is some ico is a scam or not, other than that I use my common sense when I read their white paper and road map, if they promise too much I am running out, if not I think its OK. There is no other way to check new ico , maybe if you know development personally that changes everything.
I have not seen an ico asking for private keys but any ico doing that should be immediately labeled as a scam since there is not a reason for them to be asking that, and if anything you should get out of that website immediately and run a virus scan in your computer just in case, however it is very likely that a website doing that is not an ico and instead is a phishing site trying to steal coins from naive people.
754  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin White The next 100x coin on: February 09, 2018, 02:34:11 AM
You guys still don't understand? price started 0.04 on bitflip and now current price is now 0.35 while I'm typing this, and you guys are still skeptical. oh well  Roll Eyes
Yes we are that skeptical, not everything is about the price and the profits you can get with a coin, bitcoin white is stealing the name of bitcoin and as such it is a coin in which most of the community is never going to trust regardless of the profits you can get, this is what it is killing icos, since people invest in project knowing full well those projects are scams, but as long as they profit from it they do not care.
755  Economy / Trading Discussion / Re: ICO investment Risk on: February 09, 2018, 01:57:15 AM
I just work on bounty at this moment.But every person have a dream.I have a dream.I want to make a big investor.I want to invest on ICO.Can anyone explain me, Have any risk involved invest money on ICO?

Investing in ICO is one of the most risky investment that you will made if ever especially if you are just new in this crypto investment. There are so many ICOs to choose now and some of them are just created for scamming people. Only few ICO are genuine and have roadmap so you have to be careful.
True, investing in altcoins is already risky enough but investing in icos is many times riskier, however why people do it? Because they try to earn profits at all cost and they want to do it fast, investing in bitcoin can give you profits but you cannot expect the multiply your investment many times over with the price so high but with icos the possibility is there but at the end you need to choose the path which follows more closely your own strategy and since I prefer to play it safe most of my money is invested in bitcoin.
756  Alternate cryptocurrencies / Altcoin Discussion / Re: What are the coins that have a chance to go up as high as possible? on: February 08, 2018, 02:42:42 AM
Well as others have said Cardano and EOS will be the two big blockchains of 2018. But their room to "go up as high as possible" is kind of limited since their market cap is already very high. Unless the market cap of the entire cryptosphere increases substantially this year, but who knows.

Your best bet is to research ICOs that have a low market cap but good teams and a good product.
If the market cap of the whole market goes up then it is better to invest in other projects, people make this mistake all the time, cardano already pumped, there is no point in investing in it unless you are thinking of investing in the long term and the only coin I'm going to invest in the long term is bitcoin, so that is not an option for me, so if you want to make money the only thing you can do is to look for new projects with potential.
757  Economy / Speculation / Re: Will BTC end like .com bubble? on: February 08, 2018, 02:39:21 AM
Im not staying in a market thats going to lost 90% of its value and then bounce back in 10 years. Im going to use that money on other investments and then get back in at the bottom.
Well, this is the beauty of it if you can time it right then you will make a fortune, but I'm not confident on my skills to do that, that is why I'm picking only the coins that are the best, that is why most of my money is in bitcoin, even if the market crashes I know bitcoin will still be strong bad coins will disappear but the ones that are any good will keep most of the market and eventually will become part of our everyday lives.

If only its that simple dude. Get out when you seem to be on top, try other investments, then get back at the bottom. Everyone would be rich then. But movement in crypto isn't really that predictable to begin with so even experienced traders often get stuck and are left with holding as the best option.
That was my point actually, I'm not confident I will be able to to be able to predict the market accurately and so I'm just a holder and as a holder I cannot invest in useless coins, I try to invest in only the best projects, if you follow that formula and hold for a long time you can make a significant amount of money, but it is not something all the people want to do since it takes time and they want profits now but that attitude most of the time leads to losses instead of profits.
758  Economy / Economics / Re: Nothing is dying except the illusion of easy seemless riches. on: February 08, 2018, 02:34:18 AM
"Bitcoin is down, crypto is down, everything is down, this is the end, crypto and bitcoin are dead."

How often have you read the above in the last weeks? Let's look at some things in a bit more context here to really understand things. 3 months ago, bitcoin price was around exactly the price we're at today. A year ago it was at about 1k, that's a 600% increase since then. All this crash/correction has shown is that nothing can rise indefinitely and at an ever increasing pace.

Take a step back people and think about things logically, nothing else in the world would offer the same ROI that crypto has for the last year, do not let your greed blind you, the illusion that you could invest and the price would continue to rise without any resistance is dead but crypto is not.
You are right but at the same time it is unavoidable, the media loves this, they love the drama, so when bitcoin is up they release headlines stating that bitcoin is going to change the world and things like that, but when things go wrong with the price, we will get headlines like bitcoin is done for and people let themselves be influenced by it, so the only way to avoid being influenced by those articles is to try to form our own opinions and to not listen to the noise produced by the media and those that listen to it.
759  Economy / Economics / Re: The impact of bitcoin on the financial stability of a country on: February 08, 2018, 02:08:52 AM
It is still early to tell if there is such an impact of bitcoin in financial stability of a country. The government can always make a measure like imposing regulations on bitcoin and other cryptocurrencies to to ensure that the country's financial stability will not be affected. Many government fears that because of bitcoin's decentralized feature, they can't be able to monitor any funds that comes from unknown sources like money laundering and other illegal activities that uses bitcoin. This illegal activities might later affect the economy if it is remain unchecked.
While the laws and regulation put in place are important the aspect that is really important is the application of those laws. After all they can create as many laws as they want but since they are unable to regulate bitcoin users directly then most of those laws will be useless, this is why bitcoin is going to be so difficult to regulate also they do not really fear the crimes that can be committed with bitcoin they fear the freedom that is going to give to everyone.
760  Economy / Economics / Re: Bitxoin and the economy on: February 08, 2018, 02:04:13 AM
As of now, bitcoin is just a minor speculative asset, it does not have any significant impact on the economy. You could say that money people would otherwise put in savings or other investment classes like precious metals, real estate, stock market, penny stocks, mutual funds, they invested in crypto instead. So bitcoin's impact is that it has reduced the value of other asset classes (only slightly, by less than 0.1%).

Bitcoin is small compared to all those markets that is correct but it is growing and it cannot be ignored any longer, if bitcoin was to remain at the same size as it is now I'm sure there will not be a lot of attention given to it, but the potential of bitcoin to become bigger is what is worrying banks and other politicians and that is why there is such a big push to have more regulations put in place.
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