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7681  Economy / Speculation / Re: How I Learned to Stop Worrying and Love FUD on: February 11, 2017, 02:18:35 PM
Thats very reassuring, thanks for posting the chart. Sometimes we are inclined to be short sighted and forgetful of the past that a little sell down make us panic. A lot of people have made the mistake of releasing their coins only for happy buyers taking their place. Its their loss and this actually favors the price of BTC because they fuel the pump when they feel regret and buy back in at spot prices.

You are right man. If you see price of bitcoin for last 3 months the same thing is happening again and again. Bitcoin price increases and then at once a small dump comes and then again after dumping it rises higher than before, and then again a little dump. I am sure experienced traders are making lots of profits of this defined situation.
7682  Bitcoin / Bitcoin Discussion / Re: Love Fast BTC today! on: February 10, 2017, 01:15:49 PM
now BTC again fast like before..few minutes and confirmed 100%! not like few days ago i need 12h+ Wink

bitcoin transactions are always fast and also confirmation are always fast as long as you pay higher fees that the rest of the world hence the word fee war.
not much has changed compared to previous days. there are still a large amount of unconfirmed transactions (16.8K by the time of typing this and the fee/byte is still high as 120!

I also think that nothing has changed for the last few days as no one is working on this confirmation delay issue. If you confirmation early than before than either you have paid a high fee or you're just lucky to get it through quickly. I am saying lucky because i have seen tx delaying more than usual even on higher transaction fee.
7683  Bitcoin / Bitcoin Discussion / Re: Where is the Balance? on: February 10, 2017, 01:12:53 PM
If you think that fully decentralized, totally anonymous cryptocurrency will even get close to reaching legal acceptance and therefore, semblance of adoption - think again.
Even bitcoin is a bit extreme for some people, they believe that government intervention in bitcoin is only a matter of time.
Bitcoin will be bring in line with other payment systems, you want to use bitcoin? In the future you will have to register your BTC wallet & submit personal info or you will be marked as a criminal.


To be forced to register your wallet and personal information can only be done on web wallets. Govt. Cannot control the desktop wallets and one can have as many wallets as he wants without the govt. knowing it. So if the bitcoin is to be regulated then the only option is to stop the desktop and hardware wallets and make only web wallets functional which is impossible.
7684  Bitcoin / Bitcoin Discussion / Re: What do you think are the biggest disadvantages of Bitcoin? on: February 10, 2017, 01:07:44 PM
The only big issue around bitcoin is the time to the transactions get confirmed that are out of being normal and fair, with the current delay miners are forcing people to raise the fees, this might became a big problem in the next years if a suitable solution wont be found. Miners rewards went from 0,5-0.8btc to 1 btc and above ammounts, and bitcoin price is at 1000 dollars, looks like miners are controlling bitcoin at the moment.
That is true the bitcoin transaction time is really becoming a problem and I don’t get how are we supposed to go with this, I sent around 0.1 btc and it took like 4 days to get confirmed, that alongside that the bitcoin is not being used everywhere and not having the best reputation among the investors because it is highly fluctuating.

Are you serious ? Did it really took 4 days to confirm the transaction of 0.1 BTC. I think sure you have either not put the fee with the transactions or a very low fee which made it a delay of 4 days.  I know tx confirmations delays are getting longer and longer but if on the recommended fee it delayed to 4 days, then we seriously need to think to get rid of this problem pretty soon.
7685  Bitcoin / Bitcoin Discussion / Re: Bitcoin Is Better Than Any Banks And Any Other Third Parties on: February 09, 2017, 03:03:37 PM
Every year migrants around the world send billions of USD/EUR back to their families.The cost of sending cash via Western Union and Money Gram averages 10-20% in fees. However bitcoin is emerging as an alternative which offers lower fees and faster payments.

Bitcoin also helps allot for countries with high inflation to store value in Bitcoins.
Bitcoin helps for millions of people worldwide.

How bitcoin helps for your life?

If this thing will happen, I guess it will affect the economy of the real world, if bitcoin will be used as the way of sending money of the workers outside the country because government do not have an access to bitcoin. But then in the side of the sender and receiver, it will be a big help.
7686  Economy / Trading Discussion / Re: How do I educate myself on bitcoin for investing? on: February 09, 2017, 02:58:28 PM
Educate yourself choosing legit investments only, avoid ponzie schemes and any other kind of fraudulent scheme, avoid weak alt coins also whichcan make you lose money. I see many alt coins promising nice returns, but all of them die fast.
If you don't find a good investment, don't invest, wait for the right moment to sell bitcoins and to buy again and it can be the best investment option for you.

Exactly, look for legit one to have good investment, since there are alot of bitcoin investment sites that goal is only to scam other money, just be alert to those glittering words that the sites offer, even the alt coins do the same thing not only in bitcoin.
OP there are  might books that offer investing strategies but it will ask you money to have it, there are also free books out there that you can have.
7687  Bitcoin / Bitcoin Discussion / Re: Bitcoin for the rich, not the poor - We are talking about the miners fees on: February 09, 2017, 02:45:47 PM
Oh, I see and I get the point of OP,we cannot really deny the fact that if you can pay high fee you can get your money instantly unlike making and paying just minimum amount for fee you gonna wait for almost hours before you get your money in your wallet. But then the title did not matched to topic, the bitcoin is for all, whether you are rich or poor as long as you can provide things that needed to access bitcoin.
7688  Bitcoin / Bitcoin Discussion / Re: Can we have a bitcoin day? on: February 09, 2017, 02:34:22 PM
I like the sound of a Bitcoin Day... Hope we could celebrate it annually and be able to receive bitcoins as a gift from someone...Wouldn't it be nice if we all get to gather around and receive bitcoins for just one day? and forget about this mining jobs and decoding things.

Yah, it sounds good, and the giveaway that you suggested. And once bitcoin day published, then bitcoin will be known worldwide as people or users will gonna gather around to celebrate it.
It would help people to be encouraged by the event, maybe all we need is someone who will gonna initiate to start this event then.
7689  Economy / Trading Discussion / Re: Fixed income with BTC trading? on: February 09, 2017, 02:31:14 PM
If you want to start trading only with bitcoin and fiat then it will not be constant all the time as sometimes the price come to stability and sometimes a drop down occurs in the price so you have to trade with a number of coins and it is seen normally when one coin start to decrease then any other at that time increase in price so as a trader you will start getting profit from that second coin and with that your profit will be fixed for you.
Sure, profits in trading cant be constant because of the coin's volatility. Just like every other trade, fixing the income will help business to avoid extravagance and excesses can be conserved or reinvest.

Exactly, in trading we cannot say your profit is stable or even fixed since the value of coin really changes every now and then, which excites every traders because of the volatillity of coins,  and avoid extravagance of every trading industry .
7690  Bitcoin / Bitcoin Discussion / Re: Is there a chance Satoshi is dead? Car accident, heart failure, ect on: February 09, 2017, 02:22:13 PM
Many speculations reagarding the life of satoshi now, if he is dead or what, many claims that they are Satoshi, I guess we cannot say about that since Satoshi did not publicize his personal things, but then if satoshi is dead for sure he introduce bitcoin to his relatives or family.
7691  Economy / Speculation / Re: Bitcoin going to 2,000 $ soon ? why not ? on: February 09, 2017, 02:08:08 PM
Reasonable, bitcoin currently looks very good, just in a week already up $100. If this trend continues, then I'm sure the price of $2.000 will be reached before september this year.

It is not impossible to reach $2000 since we are increasing that $100 a week, and it is so good in bitcoin,demand exactly increasing that big, so if we still grow and make that increasing we can expect that more than $2000 then.
7692  Bitcoin / Bitcoin Discussion / Re: The reason why people do not get Bitcoin. on: February 09, 2017, 01:58:55 PM
The reason why people do not get bitcoin? Just because they weren't already know
what a bitcoin is, they have no idea about the bitcoin. Maybe some countries banned the bitcoin or
they're not introduced the use of bitcoins. That is the possibilities the reason why some people do not get the bitcoin.

Yes,I guess that is one of the factor why not bitcoin is not taken by some people even though we can see its advantages to us, not being introduce by others.
But there are some points aside from that, another is maybe they do not really want to include theirselves on bitcoin industry which we cannot blame to them if so.
7693  Economy / Gambling discussion / Re: To Gamble or To Invest? on: February 08, 2017, 03:59:17 PM
I select the gambling, I think there is also the risk of invest loss and a small profit. Indeed, investment is safer and definitely benefit, but I'm the type of person that is quick and impatient so I choose gambling.

Impatient often make people lose more than Gain. The people who has the habit for impatient and recklessness often lose more in life and they choose gambling because playing gambling is like addiction with only luck can win. You need no mind to win in gambling.
7694  Economy / Gambling discussion / Re: Do small investments make sense? on: February 08, 2017, 03:58:39 PM
The big fat price is usually that one when you invest a small amount but get incredibly lucky, I have seen people win jackpots after spending like 5 dollars and I have seen people lose 4 figures in gambling and they get nothing back. luck is everything in this life, we must be lucky or we will suffer, and the only way to get lucky is to try.

Yes, luck is that matter most in gambling than the amount invested. Higher investment of bitcoin amount is good in trading that can yield you better profits, but there is no grantee with gambling. Higher amounts invested in gambling give you no grantee that you will win big.
7695  Economy / Gambling discussion / Re: Gambling Excuses on: February 08, 2017, 03:56:51 PM
Did you ever gamble with other's money to pay your own debts or otherwise to solve a certain problem through gambling?
No never! i have never borrowed money to gamble nor will ever. it's a bad thing to borrow money for gambling, it's a sign of addiction if one borrows money for gambling. 

Gambling money with own money is risky but to borrow money and then gamble is even more risky. Just think that that you take a loan and lost it in gamble, how will you return that loan ?  Yes there is a possibility that you win with the loan and return easily but why take such a risk ?
7696  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][Qtum]UTXO based POS Smart Contract Platform | Crowdsale March 2017 on: February 08, 2017, 03:52:40 PM
Qtum has a lot of support in the business media, many articles in renowned publications such as Forbes, successful signature campaign on bittalk and as a result of the development team has managed to attract a lot of attention of potential investors to its ICO. Qtum project will develop successfully and achieve its objectives in the near future.
Qtum is an outstanding project and it will create its name. There is a lots of material available , articles etc and this chat, which gives information about each and every aspect of Qtum project.  All their projects are highly attractive and give high incentive to the ones who joins them.
7697  Economy / Economics / Re: First investments in bitcoins on: February 08, 2017, 03:41:18 PM
Dude, this is bitcoin. It is not same with any other kind of investment. There is nothing is too late to buy and hold bitcoin. Just because when you come to invest and the price is too high according to you, it's not the real reason to not invest on it. In 2011 the price is under $500 and at that time the price is too high for someone who new to this. If you know what I mean.
Yes, very nice thing to encourage new investor. And yes, it is not too late invest now, and you really feel that it is too high now but then soonest or in the future it will go more higher than what we have now and might double it up so it is not late .
7698  Economy / Trading Discussion / Re: Fixed income with BTC trading? on: February 08, 2017, 03:36:18 PM
Is possible to make decent monthly income from BTC trading but first you need to have in depth knowledge of how trading works, human psychology and also good start up capital. Trading Altcoins is also good too if you can add to your plan
A decent job is possible but a fixed income I guess not, maybe all you need firs is a stable job that pays bitcoin by then you can have a fixed rate for your job but I guess if you are freelance you can just have a good income then but not fixed now.
7699  Bitcoin / Bitcoin Discussion / Re: There is no "proper" price for bitcoin on: February 08, 2017, 03:27:06 PM
bitcoin have no proper price and this is the beauty of bitcoin. it makes an Ideal currency for traders and investors.
if bitcoin price stuck to one price and don't up or down. than there will not any sense remain dealing with bitcoin (at least for me)
Yah, having unstable price of bitcoin is interesting right? Having a high and low, but mostly increasing value of it every single second is a good thing with this. If the price is stuck in one price for sure the people will not stay on this.
7700  Bitcoin / Bitcoin Discussion / Re: What are your thoughts for Bitcoin in 2017? on: February 08, 2017, 03:21:55 PM
My thoughts are that bitcoin is going to keep growing as it has done in the previous year and I think that by the end of the year we will be able to see prices that we have never seen before probably above the 1500 mark it will not last for long but enough for us to profit from it.
Yeah, I agree with this, at the end of the year bitcoin will gonna reach 1500, we gonna earn much more now since it is increasing the value fast now. But for me, it is not just $1500 this year but more than that, we really want this one to happen soonest but it take time, yet the value totally increasing fast and high.
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