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7621  Economy / Trading Discussion / Re: The best traders in the world – what they have in common on: December 28, 2016, 06:24:10 AM
Nice read op. Inspiring story.

the best trader in the world is george soros
he is can control price
if you want succes you can learn history in trader soros, in early trade use low capital money
I respect Soros but according to me, Warren Buffett is the most intelligent person in the world.

He has immense control and knowledge about shares market and if he backs a particular share then usually the price just hikes and hikes, so what I mean to say is that the best investors do not risk their money rather they know and hence invest in that asset. Its like you know a city is gonna develop a lot and hence you buy a property there.

I believe soros and buffet are on different field. Soros is on forex trading and buffet is more on business and investing. But if you'll compare them, I believe soros is better because it takes guts, discipline and intelligent to bankrupt a country.
guts,discipline, and intelligent is not enough to make a country bankrupt. the main thing you will need is power,money,and any other resources then you can control whatever you want. this world is nowadays turned and belongs to the rich. whatever they want they can get as long as they have the money to take control over anything in this world,even massacre
7622  Economy / Trading Discussion / Re: Trading Newbie on: December 28, 2016, 04:22:02 AM
Newbies will be having no option left to trade other than just relying on their luck factors. They will realize their mistakes only after losing big money in slow progress, but that time they would be facing many financial problems. All these are just due to lack of awareness on importance of learning trading skills.

I don't think you have to lose a lot of money to realize your mistakes.  Isn't that one of the best things about Bitcoin trading at Kraken, Poloniex, you name it, that you can do trades with a very tiny amount of coins (0.005-0.01 BTC), lose some, gain some and realize your mistakes.  This is mostly impossible with fiat as the fees kill any low volume trade. You just need to be eager to learn -- otherwise you're right.

//alex
those people who lost big money just only to gain experienced is never read bunch of books about other people experience regarding to trading and its problem. i would prefer to buy some books which probably cost me about less than $50 rather than losing big money which is far bigger than $50 for just having done some silly mistake. to realize our mistakes definitely don't need to lose some of our precious
7623  Economy / Economics / Re: Soo, I'm planning on buying €1000 in bitcoins. Yes or no? on: December 28, 2016, 04:13:34 AM
no i don't think you should sell your bitcoins, that would be very dumb move now
what is your minimum attainable price and what is the price you are expecting and at what price you are willing to sell the coins.I will be glad to sell off my coins if i am earning a good profit and it all depends upon at what price i entered.
Why to sell bitcoins now is dumb now? The price is high - time to sell. I think such high price attracts hackers who wants to get mullions of dollars with some easy way. So this moment is dangerous, cause of in any moment can happen some new big hacking.

Because the price is only relatively high, it is indeed high compared to 3 months ago, but this isn't even an alltime high, so sure you can sell now, and make a decent amount of profit, but the people who are going to be making real bank aren't the ones selling..

Soon bitcoin will probably go through the roof, If we just follow the current route we're on,  with bitcoin getting more popular every day. (+1000BTC). That is why you're better off waiting a bit longer.
Also it is not like hackers are only attracted in hacking huge services if the prices are high, they always want to. even if the price is low, for example 600$ Per BTC, they still make millions.
that is right. hacker will take what they can take and only if there are some bugs in a website and it's vulnerable then they will trying to steal this. hacking is not about clicking a software and all the data or money will appear in your monitor but hacking is depend on the vulnerability of a website so better for you to search for exchangers which have good security
7624  Economy / Economics / Re: why is it so hard to buy bitcoin on: December 28, 2016, 04:08:41 AM
Buying bitcoin is not hard because you can do that easily without going to a store or submitting any legal papers. You just need your money and you just need to make online account on exchnager's site where you can buy bitcoin easily but don't forget to make a deposit first before you place order because buying bitcoin without deposit on a site is just a joke Roll Eyes.
that's bullshit. most of exchangers require you to submit legal paper to avoid fradulent transaction i say majority of them because the exchangers dont want to lose any money because of this problem and your post saying that "you just need your money and you just need to make online account on exchanger" obviously reflect that you don't know what you're talking about
7625  Economy / Economics / Re: Passive Income on: December 26, 2016, 09:47:13 AM
The mainstream way such create blog, youtube video, and affiliate program is really hard. If you have photography skill you can sell your photos to microstock photography, you can earn hundred or tousand dollar every month. But it isn't use bitcoin as payment yet, so it is not practicaly to recieve payment.
those options above you mentioned is not really a passive income unless when you make a income source such as blogging or vlogging you only make video once and let it earning by its own but those options actually require you to do an update periodically and everyday to attract the users. i may call it semi passive but not passive income at all
7626  Economy / Economics / Re: A Brief History of Modern Money on: December 26, 2016, 08:14:27 AM
Bitcoin is the near future and maybe we are living in this future .there is always better with bitcoins as during international transaction bitcoin miner fees is less well in case of other credit cards the amount is too high .
we're already living in the future and there's only more advanced future ahead. credit cards charge around more than 1$ for each transaction and bitcoin about few cents that's right though people sometimes didn't mind to pay the fees as high as credit card offered rather then spending time for exchanging and it might be a hard competition for bitcoin
7627  Economy / Economics / Re: Bitcoin in India? Not for a LOOOOONG time. on: December 26, 2016, 06:48:53 AM
Oh thats great to hear that you have visited India as i am from India and you are right still bitcoin is not popular in india.If you ask randomly to people about the bitcoin,i think not even one will know about bitcoins out of ten even the very educated ones,i hope this will change in next years.
i think that if people in india are know bitcoin very well especially the wealthy people then most of them will be moving their wealth to bitcoin and then the developing progress of bitcoin in india will be faster than now
but unfortunately that in india it seem they don't have a corporate or organization which support bitcoin or which is created to inform people about bitcoin
7628  Economy / Economics / Re: Paper bitcoins (bitnotes). Is it worth it? on: December 26, 2016, 06:46:12 AM
No i dont think that paper bitcoins is even worth it .bitcoins main motive is to make it digital and decentralized .with paper bitcoins into existence there will be involvement of government and parties which is not accepteble at all.
that's true. paper money can't just distributed without the agreement of the government even it's bitcoin if government don't agree with its existence then they will take them all from their people and most likely to be banned and then lost its value. bitcoin was created to be digital currency and that's the only thing bitcoin need to focus
7629  Economy / Economics / Re: Why Bitcoin has power nowadays ? on: December 25, 2016, 12:49:03 PM
the way bitcoin is by design gives it power and all the rest such as regulation, adoption, ... are only contributing to a potential that is not yet found.

and actually this is the only reason why bitcoin could have survived all these years and with all these attacks thrown at it by the banks, .... so many FUD and it is still going on strong.
How about the founder and ceo of bitcoin how is he today ? Bitcoin is not only of it's design because on how people use it and the big potential to grow bitcoin is getting more stonger even bitcoin faces too many problems nowadays
I think that makes bitcoin  be powerful not just designed for that, but the strength of the bitcoin because of user itself, if without a large user I'm sure bitcoin will not be strong and survive although designed very nice
everything can't keep living on without users or community so it's right. and bitcoin is a currency therefore don't offer a service which make bitcoin not having the chance to make their users unpleased
but at the end money is money that make people want to own it. no wonder if bitcoin has the power
7630  Economy / Economics / Re: Passive Income on: December 25, 2016, 12:45:36 PM
Getting passive income from Referals , i've invested in advertisments and it paid off , now i am getting bitcoins
even the rewards were not massive if you didn't got huge amount of refferal but i guess it's still worth it if it could cover your money which you've been used for investing in advertisement and the rest could be counted as a profit but i would prefer another thing which just require me to invest and wait rather than getting myself a hard time
7631  Economy / Economics / Re: Banning Usury will promote cryptocurrencies on: December 25, 2016, 10:42:06 AM
usury is not the core of bank. and bank is the heart of economy for a country. it seem that a country can't ban the usury because if they do then their economy will be in danger, this world was growing wrong that usury now rule the whole economy and beat the non-usury thing. as you can see you can see it on many aspects even for shopping you must be offered an installments
7632  Economy / Economics / Re: What Cryptocurrency to buy right now? on: December 25, 2016, 10:38:10 AM
Bitcoin is good crypto currency than other crypto currency because bitcoin is very much stronger than other currency and i also a trader of bitcoin and i never face to any risk so i prefer that bitcoin is better to buy right now and its has too much lower risk.
i think that the risk between bitcoin and other alternate coins is actually the same both are really volatile and it's just about how you can manage to make profit and taking advantages of both
when bitcoin is pumped the alternate coins is dumped and vice versa . so, if you feel that bitcoin is dumped move your money to alternate coin
7633  Economy / Trading Discussion / Re: When do you plan to sell? on: December 24, 2016, 01:09:37 PM
I will continue to wait until the price of bitcoin increases. because if the current state then I will bitcoin price forecasts increased back. I bought at a cheap price and I will sell them at high prices.
If that so the only problem is at which rate bitcoin reached it highest. maybe you're waiting for the price to be above $1000 when price is around $800 but if this price just unfortunately reaching it highest and preparing to go down i guess you will miss so much opportunity then. that would be a bad deal
7634  Economy / Trading Discussion / Re: How to increase BTC? on: December 24, 2016, 12:17:32 PM
You can only increase it by trading , buying and gambling.
If i were you i will not consider gambling as one of thing which could increase the amount of my bitcoin because with trading the chance of you winning and bring a money to your hand is about 70%
if you don't believe it then see how much people rich because of gambling compared to the poor because of gambling. i'm not forcing you to hate gambling but the advise you've given seem wrong
7635  Economy / Trading Discussion / Re: How to increase BTC? on: December 23, 2016, 12:04:15 PM
Finding ways to increase Bitcoin is a difficult task at the moment, since few people are willing to offer their Bitcoins with the current market conditions, which is why Bitcoin's price is increasing. I think it is possible, anyway, to get good interest just by holding it, because with the appreciation of the price of Bitcoin there are gains in terms of us dollar.

Holding bitcoin is good idea but it is so passive way. You should wait for long time enough to get many profit. But as i know the halving is happen every four years and this years the halving potentially happen , and be based on i browsing on internet that halving will happen in 2020.
Bitcoin has gone up a lot in the past months so if you bought bitcoin a few months ago you could have made a lot of profit in a short period of time, it is not super interesting but profit is profit.
it's right that waiting is the most boring thing in this world but the huge profit was offered could make it really interesting indeed.but unfortunately few months ago "had passed" and seems i miss this opportunity
holding bitcoin is not about waiting for long time actually but about the timing it's your luck if you bought bitcoin and suddenly price increased
7636  Economy / Economics / Re: Bitfinex - Funding. Yes or No? on: December 23, 2016, 11:48:59 AM
Even if bitfinex was hacked it still continued on track and tried to pay back some of their losses, which IMO is a very good sign. They have proven that they will try to honor their commitments even when they screw up.
But I wouldn't keep all my BTC there  Grin
not a good sign when they were hacked they're doing 36% haircut losses to their client. it's their mistake and they should have the responsibility over it. in my opinion honestly after the bitfinex hacking just occured they're proven to have poor security and probably don't give a shit about it. maybe they're improving their security but not everyone getting interested after having inconvenience there
7637  Economy / Economics / Re: Is the economy situation in your country that bad? on: December 23, 2016, 11:43:47 AM
I think our economic situation is not bad, but it is not good.This year the real estate and financial sector contribution to the economy reached a record high, I think our economy has excessive real estate excessive financial risk.
If bitcoin will impose to our economy it will be great again if they adopt bitcoin into merchants that we can use bitcoin to use as physical money then we will be reach for sure and easy to use bitcoin without using fiat money anymore if our state will be know about this then you know what will be the result.
that's bullshit. bitcoin have nothing to do with countries' economy and can't help the economic circumstance of a country. accepting it to merchant will "only" simplify bitcoin users but doesn't really affect the economic after all therefore it means that bitcoin have nothing to do with your economic only if the government implement bitcoin into their country then it will be different
7638  Economy / Economics / Re: Alibaba’s Jack Ma: “Everyone Should Have a Bank Account.” on: December 23, 2016, 09:19:23 AM
Alibaba’s Jack Ma: “Everyone Should Have a Bank Account.”

https://news.bitcoin.com/techfin-alibabas-jack-ma-bank-account/

What do you think about this?

Yeah,everyone should have a bank account to buy Alibaba products with his/hers debit/credit card.

This is Jack Ma point of view.

Alibaba will never accept bitcoin as a payment method.
i can not see any point that jack ma indicates will never accept bitcoin ,
for now maybe he is correct about everyone need bank account ,
as they not yet know much about bitcoin introduce to bank account might a first step ,
soon or later as time goes by i think online transaction will need bitcoin.
not on all his companies sector however they have been banned bitcoin and this is the news https://www.bloomberg.com/news/articles/2014-01-08/bitcoin-banned-by-alibaba-s-taobao-after-china-tightens-rules
but i wonder why alibaba still allow people to sell sort of mining rigs in their marketplace while banning bitcoin. probably i got the news wrong or they just really enforced by the government
7639  Economy / Economics / Re: Is the economy situation in your country that bad? on: December 23, 2016, 09:12:06 AM
Yes,this scenario happens in my country too. The government is practically selling the country valuable properties at cheap prices just to get the leaders even richer. There is much corruption and of course the jobs problem is a real problem. Ordinary people are getting poorer and poorer and the country has tens of billions of euros in debt. But I think many countries face this problem not just Romania. That's sad but there is still hope as there is a minority of smart,young people who can make the difference if they don't get caught in the same traps.  Wink
Corrupt governments sell everything they have and even what they don't have, if they could they would sell their citizens as well and smart people will most likely try to leave the country if they have the chance.
Corruptions are root of evil. only wish any government could use transparent system that allow their citizens to always monitor the government's fund just like the way blockchain system work but unfortunately the governments were ruled by those corruptor thus they won't allow their shit to be revealed by implementing blockchain
7640  Economy / Economics / Re: Why the big whales are not cashing out? on: December 22, 2016, 11:34:29 AM
Big whales are not cashing out because of the following reasons
-they want to the richest person in the world
-they want to the most powerful person in the world.
And u know the more u see the more u want .and in the near future hackers will increase a lot.
Yes, those people who are holding a large amount of bitcoin don't want to cash it out  because they think that if they exchange all the bitcoin governments will take control of it and disappear, some of them are just greedy but the price is going up because some parties want to trick people into selling and spending bitcoin so it will disappear.
you just too suspicious to your govenrment. is your government had ever seized someone bitcoins? . the government can't just take control of your bitcoin without reason and if you have exchanged your bitcoin in legal site then it will be fine. if you are obligated to pay taxes few percents of your bitcoin then just pay, everything will be fine
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