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781  Economy / Speculation / Re: When is the right time to buy on: February 12, 2018, 05:53:42 AM
Being cheap price at this time, it is right time to purchase bitcoins and probably very soon this may grow up and give you ample of profit.
The ritual followed in almost every business is that you invest when the prices are down so that you can maximum benefit from it when the price increase. If we look at the graph of bitcoin over these years, the price rose to a very high value some time ago and then it started ti fall in the recent past.

But now, at this very time, the prices are showing an increase again and it is predicted that it will rise to a reasonable limit looking at the number of people showing interest in it and the under discussion policies about bitcoin on a national level.
782  Economy / Speculation / Re: BTC is recovering? on: February 12, 2018, 05:17:23 AM
i think not yet e needs time to recover it theres still lot of fud about bitcoin and bad news everywhere but dont worry im sure bitcoin will recover soon just keep patience of holding your bitcoin everyone that believing bitcoin hopes bitcoin will recover.
It is a news of immense pleasure for the users of bitcoin that its price is now recovering and I have a belief that it will regain its lost status. Many people get panicked during the time prices were not very good and they just sold out all of whatever they invested just out of panic but I hope people who believed in it and were patient throughout the entire time the prices were falling, they will be paid for their patience.

Companies accepting the bitcoin, governments thinking of it to make some policy for it, all are a sign that bitcoin will regain its worth.
783  Economy / Trading Discussion / Re: was trading beneficial for you? on: February 10, 2018, 06:38:48 AM
Trading is a very beneficial source of income for me. Trading is the most profitable business that i have ever tried and because of trading i can easily make money within a week. Trading is also one of my dream career but i will pursue it once i saved enough money for me for the next few years through my regular job.

Trading is the business that can bring the largest profit, and it is the legal activity. For me trading is the way to earn money.
Trading is no doubt the best thing to do and that too for a person who is having his own personal interest in becoming a trader and the one who understands the things related to that of trading in a good way. Trading can be really very much helpful in financial terms and it can help you in making more money as well but for that you need to do lot of efforts as this is the only thing which can result in your success.
784  Economy / Trading Discussion / Re: Bitcoin now below $10,000 on: February 10, 2018, 05:31:48 AM
I do not know if it will continue to fall until the end of this month.
now the price has touched $ 7 I think this is the lowest price after he climbed almost 20k $. maybe the price can go down to 5k $, I think now is the right time to buy it dude Smiley
It will not fall anymore because prices are already heading up and sooner they will reach to the safe zone where everyone will be happy to make money and more of it there are still possibilities for everyone to buy so don’t get late and get your bitcoin as soon as possible and get ready for the profit and those who are saying it will not rise again are nonsense because bitcoin has done this many time in past and it is nature of bitcoin it falls and then rise back so no need to worry about it and count days to earn profit.
785  Economy / Trading Discussion / Re: Bitcoin will under 5000 within this month do you think so on: February 09, 2018, 06:20:37 AM
Presently, bitcoin is standing at $8,219, showing some level of significant increase. I doubt that speculation of Bitcoin going down to as low as under $5,000 for now, I mean currently, but who knows? It's very difficult to predict the value or speculate the value of Bitcoin. The volatility nature of Bitcoin is the language understand by all Crypto fans.
You can expect the market value of the bitcoin to go even less than 5000 $ too as it has dropped down from 19000 $ to 6000 $ in no time. However, there is always the other side of the picture too which says that the market value of the bitcoin can once again rise from 6000 $ to 19000 $ in the comings days. We only need to wait and watch what the coming days have got for us and we should never lose hope.
786  Economy / Speculation / Re: Fear not,bitcoin will rebounce on: February 09, 2018, 05:04:54 AM
For me, it's a game of patience and timing. “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” - Warren Buffett

When Bitcoin was climbing, everyone around us was buying recklessly and now when price is falling, the same investors are selling. In fact, exactly opposite strategy should be there in order to earn profits. FOMO affects the common sense most of the times.
Yeah bitcoin is totally about patience and taking decisions on the right time and those who are good in these field are earning good in bitcoin and on the main topic the prices of bitcoin are to decline but this will never happen forever as you have seen in past same happened and bitcoin bounces back to show its worth and those who are future planner they are really happy at this time because they know that prices will start to rise soon and their patience will be going to pay them with higher value profit in coming days.
787  Economy / Gambling discussion / Re: Benefits from Gambling on: February 08, 2018, 06:16:55 AM
I wouldn't say gambling really has much benefits. Though you do learn how to manage money, control your emotions and some maths skills. Otherwise, there are many other activities that have more benefits
Gambling has both advantages and disadvantages, an advantage like a poor fellow can also make money by gambling, so that improves the financial condition provided only in a win-win situation. Gambling also played for fun by many people that may give some relief to stresses minds.
indeed a lot of good and bad impact of gambling. and perhaps more people are more likely to see gambling on the downside alone. just look at the bad things that come from gambling. even though many people are reborn from gambling, and perhaps it is human nature that only sees the pit without knowing the good
Yes, even though in my thinking that gambling is not a profitable way because it was design of being losing more and winning a little, but still it has some sort of benefits like stress reliever as we get joy and fun of being play a recreational activity and if we are lucky enough then we can hit a one time big winning.
.

Making money from gambling is not a benefit. It's something that, in the long run, may end up ruining someone's life. And the lessons you'll learn from gambling most of the time would also come from bank breaking losses. Probably the stress relief and enjoyment are the best things you'll get from it.
I don’t agree with you in this regard. Profit is profit whether you earn it from gambling or any other field. I don’t see any logic to say that profits earned from gambling are not profits. If one is a man of faith and true believer of god almighty, than he will definitely consider these benefits not a benefit because they are earned by devilish ways and things got from devilish ways can burn you future as well as your past. I think you haven’t heard success stories of people in gambling. People become rich from gambling but they quit on perfect time.
788  Economy / Gambling discussion / Re: how long you can stay without gambling? on: February 08, 2018, 05:05:10 AM
Just like you,  I can completely stop playing gambling games and control myself. I am not addicted to it to start with, so how could i not stop lol. If you can become serious or committed on stopping then it would give a positive outcome, so anyone can stop if they really want.

Sometimes it's hard to stop even if you aren't addicted, for example when you're gambling with friends or so. If it's fun then it is hard for me to stop, at the same moment i know that i'm not addicted as i never risk more money than i could afford to lose.

I don't agree with 'Anyone can stop if they really want' Tho. Look at the addicted people, sometimes they want to stop but they just can't.
I don’t have the same thinking in this regard. It’s obvious that only that person will not be able to stop and control himself from any type of addiction because the word “addiction” clearly shows that the person is totally relying upon something and definitely it will be very hard for him to continue without that thing to which he became addicted.

People play gambling for long time because they are getting profits from it every day but in case with friends you will soon get tired because without betting, gambling games are nothing.
789  Economy / Economics / Re: do you really like crypto coin? on: February 07, 2018, 07:55:19 AM
Its hard to find any person who dont like crypto (maybe only government officials or maybe bankers). Resided them i dont see who could hate crypto. This is probably the best thing that ever happen to us, with many opportunities to earn them in various ways and various crypto.
Calling governments and banking systems as the only ones who could hate bitcoin or other crypto coins was hilarious. I literally laughed, you are absolutely right about this. I hope you heard about Jamie, the CEO of JP Morgans, talking rubbish about bitcoin and behind the scenes, JP holds bitcoin. this world is full of hypocrites, honestly. The only reason why I did my own research about bitcoin and now I love it.
790  Economy / Economics / Re: wait for bitcoin prices to go up on: February 07, 2018, 07:22:28 AM
Bitcoin is like a stock market. Because the BTC price also decreases like the stock market. So nobody can say that its fixed price. But in the last year there were many of these BTC prices increased well in the first year. Suddenly, BTC dropped below 10k this year. It is difficult to say whether it will increase. So I'm not sure what stage it will be.
It is very difficult to predict in any business about the prices it will have in the future and so is the case with bitcoin. But the thing with bitcoin is that we can have the idea about its prices by studying its graph from the time it started till now and that statistics if studied thoroughly leads us to the fact that is has shown a remarkable increase in its value despite of the fact that the prices are not very good nowadays. All we have to do is to believe in it and have a little patience till the bitcoin is in action again.
791  Other / Archival / Re: Help a Beginner to understand... on: February 07, 2018, 06:52:53 AM
Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

This is the exact thing or reasons why do investing to cryptocurrency specially in bitcoin are to risky, because of its high volatility that no one knows when its price goes dump and rise. But the only thing that i can advice for those newbies is, don't loss your hope to bitcoin, just hold it and wait for the moment that you've waiting for.
Only thing that you need to have when you are investing in any cryptocurrency is just the belief that this thing is going to work for you. But of course that belief must be followed by some firsthand knowledge about that cryptocurreny. Talking particularly about bitcoin you just have to read some content about it on the internet to have some basic knowledge about it.

Investing in it at the right time is the key element, and of course the convention which is followed is to invest when the prices are low as to get maximum benefit from it.
792  Economy / Economics / Re: Reason why South Korea is much focused on regulated use of cryptocurrency on: February 05, 2018, 07:50:24 AM
The Korea Customs Service (KCS) has revealed an investigation into illicit Forex trading practices, and uncovered $600 million (637.5 billion won) worth cryptocurrencies that were exchanged illegally in South Korea.

The statement further disclosed four instances of illegal tradings. In the first case, money was transferred from Japan to an unknown country whereby 53.7 billion won were sent to another person/entity using cryptocurrencies. In the second case, funds worth 472.3 billion Korean won were exchanged between Australia and South Korea. KCS explained that transferring funds between countries with the sole purpose of avoiding bank and remittance fees is considered illegal.

In the third case, foreign currency was sent to an overseas organization (as cryptocurrencies) which were then converted and remitted to the recipient. In the fourth case, funds worth 164.7 billion won were received by a paper company, citing ‘purchase of software’ as a coverup. KCS mentioned that it will start investigating cryptocurrency agents and forex operators for money laundering and illegal trading charges. Other areas that will undergo critical inspection include smuggling of drugs using virtual currencies. The names of the suspects were not revealed in the press release.

media articles are presenting misinformation about the actual quote.
There are great concerns regarding virtual currencies and the justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges.

Recent news also has the Ministry of Strategy and Finance with an official statement saying they do not agree with the trading ban, and there have also been reports that a petition to fire the Minister of Justice (who quoted the earlier ban) has been filed.



Still makes sense. Government produce profits in remittance fees via taxes. If cryptos can go through banks as well as fees then that's income loss for the government. That's why countries go after cryptocurrencies.
You told relating some technicalities of the economics of a country and the interest developed in this crypt world. But what I think as a layman that these governments know better about bitcoins. They already know the chromatic effect of the bitcoins on the population of their countries within such short time span. They only fear from the decentralized system of bitcoins, hence they wouldn’t be controlling.
793  Economy / Economics / Re: Bitcoin, how far it can go! on: February 05, 2018, 07:16:00 AM
For sure it will so so far from what we expected because a lot of people use it in a right way. And bitcoin helps a lot of people so through I know it will go so far .
No doubt in it really. Like you have said it helps a lot in carrying the finical status from zero to a higher degree. Bitcoins are not only making the world better as per the technicalities side but enhance the living standards of people living in it.

They are the need of time that people are leaving their salaried jobs and getting into it. They believe in it and this belief will bear good fruits for them.
794  Bitcoin / Bitcoin Discussion / Re: Why China is always bad news for bitcoin? on: February 05, 2018, 06:35:35 AM
During this time many things are banned in China, in the end they make their own. It is not impossible that China wants to create its own cryptocurrency that can be government legality
It is not the thing happening now, from last some couple of years it has been a strategy of Chinese to ban something. They make some notorious news about it, and after much profit and technicalities from it, they call it useless and harmful and then ban.

Same, they did with bitcoins. Chinese are one of the main integrities of bitcoins success that maximum exchanges were working in china.
795  Economy / Trading Discussion / Re: Top reasons that leads to fail in trading on: February 03, 2018, 07:01:03 AM
Greed and unstable psychology are the biggest reasons that affect commercial results. Many investors when the coin increase prices not sold but continue to wait to increase but coin decline. When coin prices fell a little, they sold out and it rose again. These two seem to be simple but a lot of trader suffer and still lose a lot on the cryptocurrency market.
That's what you called panic selling when price fell down most sell their coins. In trading we should calm, we are in mindset to have a profit as planned. Like never put our funds in one basket, it is good to balance or spread our investment to get rid of lose.
The most common reason behind this much of loss of money in the world of trading is none other than that of loss of control over the emotions by most of the traders. If you failed to keep your nerves under your control, then there are likely chances that you will end up making wrong decision. It is better to think well before doing any such thing in order to avoid kind of regret in your future life.
796  Economy / Trading Discussion / Re: My new trading strategy, what's yours? on: February 03, 2018, 06:30:20 AM
Buying and holding coins is not as profitable as it was used to be.
Thus, I decided to be working and investing in promising ICOs.
Once the ICO is over I normally sell all the coins/tokens.

I recently discovered, few weeks after the ICO the value of coins/tokens normally drop by a minimum of 30% - so that is my entry level again.
Meaning once I noticed that, I'll just go ahead and rebuy the same coins/tokens at cheaper rates. By doing that, I can make lots of profits.
Share with us what you think about my latest strategy, thanks Smiley



Well it's true that after the coin listed in exchange, many participants dump their coins as so the price will fall and this is a good entry to buy and make profit. These participants are so impatient to sell their coins without realizing that soon it will have a greater value.
However, I'll still stick to my strategy in holding promising coins like I'll hold it for months and just come back. Less day trading for lesser loss.
These are usually newcomers to the crypto market who are not accustomed to the fluctuations of the crypto market and out of fear and panic, they take these idiotic steps of selling their coins just after observing some sharp decrease in the values of coins they are holding.

The worst one can do in crypto market with him is selling off bitcoin at cheap rates just because it is going through hard dump.
797  Economy / Gambling discussion / Re: Shyness in gambling on: February 02, 2018, 09:18:01 AM
Have you ever felt that you didn't play just because you were shy? I have felt this in casinos, and I just felt the pressure, but there's no need to be because everyone just minds their own business in gambling. Probably some people even pushed you to start gambling. I just thought about this because when I tried gambling for the first time in casinos, I don't know if it's okay to sit in tables whether the game is blackjack, poker, anything in the casino just so that I just felt shy because I'm a newbie.

Have you felt this way? I don't know if playing online casinos would have that effect also. What do you think?

Actually, there was one instance in the beginning that I was embarrassed because I didn't know that I need to put additional bet on the table. All the players are waiting for me to put the bet, but since I didn't know the rules then somewhat has pointed it to me and I became the joke on the table. lol. It was a blackjack or something.

But online? I don' think so, you are not playing against someone, there's no element in shyness present in there.


Hahaha this is most awkward moment for someone when you are a newbie and some experienced people are sitting on table right beside you. There are eyes looking at you and you are being confused with their looks. And especially if you are losing once and twice and thrice people start yelling at you with different jokes and points that you get confused totally. There is no option but to leave.
798  Economy / Gambling discussion / Re: Why do you play for fun using real money? on: February 02, 2018, 08:09:35 AM
It is really a very impressive question that push us to ask our self why do we play for fun while we are using real money ? This should be discussed deeply because it seems like we are throwing our money from the window of gambling while we need to use it in a better way.
It is being discussed here and a lot of people have said that they are just doing it for fun and it doesn't matter if they use money instead just normal fun. If you have tried to do something in partly the same in real life then it should be with friends because it's fun to play with friends. It doesn't matter if you use your money or what, as long as you know what you are doing with it.
It's really matter to use the real money I think to feel the real pleasure in gambling, as when you use a play money no pressure on you to make your bets win , the thing make certain games are so fun due it's pressure to avoid the losses and when you waiting the outcome.
If entire gambling industry is working in your way then probably no one is gambling for finding the entertainment. Because, as per your statement, when you are targeting making real money from gambling, you are getting the actual pleasure you are looking for. It means if you do not use your real money then you will not care about the ups and downs oscillation of your money while playing.

After your opinion that I understand that no one in this world is trying gambling for finding entertainment. They are all gambling for finding easy money. In the process of finding that easy money they are getting some entertainment as a byproduct.

If entertainment from gambling is just a byproduct then probably all the gamblers who are declaring themselves as they are gambling only for entertainment, must be lying.
That's actually what I trying to say , it's not a complete sentence, not a finished statement  Grin but you do understand already. The first impression they are looking for entertainment, things changed time after time, you would think you have to win this one and so on. There's no fun when you have to lose too much money, it's hurt and not acceptable.
If it was only possible to not lose any money that you can still earn meaning there is no risk with your own money but High come back in returns. But that's impossible because nothing is like that and if it is afraid to you then it's probably a scam. Just enjoy the fun when you win and don't be too emotional.
How one can play for fun? I am totally shocked with this statement of people. Why this is happening around us that one is going to casino and waste his own money with the title of having fun. Even he knows very well that he is in loss, a huge loss still his entertainment seeking abilities doesn’t quench. He doesn’t know the right way to get out of all this shit. Good luck to such people.
799  Bitcoin / Bitcoin Discussion / Re: facebook bans bitcoin on: February 02, 2018, 07:35:25 AM
Wow what FUD  Grin Well, I guess if you have nothing real to say you just make things up. It's a very different thing to band ads of specific nature than Bitcoin in any sense of it. OP should really alter the title because now it's highly misleading.
Few days back, I heard that Facebook was going to introduce its own crypto currency and definitely it was rather Mark Zuckerberg was impressed by the performance of bitcoin. It is another try to defame bitcoin. Nothing new. People have been doing this since the birth of digital gold. All those who have a good understanding of bitcoin will never ditch it by such fake news.
800  Economy / Speculation / Re: Why I love this Bitcoin crash on: February 02, 2018, 07:02:10 AM
the only people who will love bitcoin is  people who doesn't have any investment yet and are just planning to invest in cryto currency. These is a best time for them to buy because bitcoin price is still low and some are predicting that it will go up again.
the person currently if you want to invest in cryptocurrency should be maximized and must prepare very big money, because bitcoin is currently in an accident and the price is low. the prospective investor must be smart and and process the money to be able to get profit when the price is high later on.
The ones who are planning of investing their money into bitcoin or the ones who are in a mood to buy more number of bitcoins really wish this thing that the market value of bitcoin crashes down.

This will eventually help them in having more number of bitcoins, thus increasing the chances of having more money at the time when the market value will increase. This pump and dump is something which is helping the investors in making more money.
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