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81  Other / Off-topic / Re: Self-education. on: March 15, 2018, 08:11:12 PM
As someone from the software industry I strongly believe in learning by doing. But I also believe that's only the first step. Once you learn the basics and are able to apply your knowledge, that's when you need to start learning some theory about it to bring your game to the next level. It can all be learned online, both practice and theory, but - I think there is a lack of guides for learning in this way. There are sooo much resources, but if you don't know what you should learn, or in which order, then all the resources in the world are not that valuable.
82  Economy / Economics / Re: Why do people buy high and sell low on: March 15, 2018, 09:25:00 AM
Yes, I think it's a psychological defense mechanism. If people were all acting rationally they would not sell low. Of course, I understand selling low from the necessity, because you need money right now etc. I think if you're doing the right strategy (buying with money you "don't need", be it $100 or $1000 a month, buying when the prices are low, taking ~10% of gains), then you are not concerned when market corrections happen. Also, the longer you are in this game, the more you follow the market, you'll learn that fallbacks of 50%-80% are a regular thing and nothing to worry about. Quite the opposite, that's the time to buy more. Every time there's a  pull back, media predicts the end of Bitcoin and crypto, and market sentiment is low. But it's all short term. It comes back stronger every time, no exceptions. When I was starting I put $100 on a coin, and it went down 90%, it's still down. Not selling though, one - it was just $100, and two - in two years it might be worth $1000, who knows Smiley so these are hopefully some useful tips to make people more rational by looking at the larger picture and not panic sell.
83  Economy / Economics / Re: Cashless society on: March 13, 2018, 01:07:12 PM
I very rarely use cash, just paying everything by card. That's also cashless Smiley and yes, if you disregard the decentralization and democratization of money dream, countries can create private blockchains that issue cryptocurrency and make it fully identifiable (as opposed to anonymous). That could certainly work, and be nice in terms of usage, but it's not the dream I am hoping to come true Smiley also it would make it easier for countries as they wouldn't need to print cash at all. Also there would probably be less fraud, but at the cost of the cost of privacy I guess.
84  Economy / Trading Discussion / Re: Patience and Holding on: March 12, 2018, 09:38:22 PM
Ah yes, for me it's all about the long term. But my mistake is that I didn't take profits. I have some very bad trading decisions in the past, but the worst is not taking some profit on the crazy bull ride we had recently. Well, hindsight is 20/20 Smiley and that's the point right there, whatever you do, you'll always regret not doing something else! And you have to accept that, and then investing and holding will become easier. That's of course if you're not very good at trading, as most people aren't. And that's also okay, because now anyone can participate in this cryptocurrency world and earn money by speculating. The key is to know that you won't be good at it at the start, and so invest accordingly - don't put all your savings into crypto, don't take a loan to invest in crypto, etc.
85  Economy / Economics / Re: Bitcoin or gold? on: March 10, 2018, 12:51:03 PM
When looking at the next 10 years (or more), a good indicator is to see what younger generations are thinking. Millennials already prefer bitcoin over gold and other traditional assets. That, I think, will only become more and more prominent in the future, as new generations get buying power that have never bought gold or had their parent buy gold as an asset. So, I'd say bitcoin, but actually I'm thinking cryptocurrencies in general. Maybe bitcoin will remain the number 1, maybe it won't. I'd convert to bitcoin and diversify in other promising cryptocurrencies.
86  Other / Beginners & Help / Re: Sources and tools, ICOs on: March 08, 2018, 08:51:41 AM
As other have said - CoinMarketCap and ICO Rating sites are great for this. I'd just like to note, there have been great instances when a ICO rating site detects a scam or bad project and it really turns out to be that, but also sometimes they give a bad rating to an ICO or call it a scam, and then the project turns out to be amazing. My point is, take everything you read on the Internet with a grain of salt, DYOR and go with projects you really believe in Smiley
87  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: March 07, 2018, 08:46:09 AM
So far I've mostly been dealing with alts to get bigger profits (worked well, but not THAT well), so my plan is to buy 1 BTC by summer, and just hold it forever. If the price per BTC ever surges to $1M, I want to have that 1 BTC. Which means that I plan to use BTC as a store of value. But if in few years time bitcoin becomes to widespread that you can buy anything with it + the price is at least $100K, I'll definitely use it to buy some stuff. And for alts I'm also planning to hold some coins for years, the ones I see potential in.
88  Other / Serious discussion / Re: Legalization of drugs? on: March 03, 2018, 11:49:31 AM
I voted not all, because what you make legal, probably big pharma companies are going to take and market with some really cool ads making you want to buy them and not emphasizing how harmful they are or can be. Also, I think it would be a good idea to have a "drug license" (like a drivers licence) that you get by going through training and education about different drugs so you are trained how to use them and know what could happen if you abuse them. And age limit of course.

Also, what about smart drugs? One blog post I read said that the first country that starts giving smart drugs to their people for free will get the most benefits as all of their people will be able to do better work, to focus more and be smarter. I like this idea, but I don't think it will really happen ever Smiley
89  Economy / Economics / Re: Economy in your country on: March 03, 2018, 11:36:25 AM
In my country it has no effect because a huge majority of people are not tech educated and cannot even comprehend the idea of cryptocurrencies. The media do run stories about crypto every so often, but the stories are always sensationalist in nature and not well researched. But almost every programmer I know in my city is invested in crypto. A lot of them mining as well. I met a cab driver and a waiter who are mining Ethereum. Anyways, really excited to see what this year will bring for crypto in terms of regulation and mass adoption. It will be interesting to see how countries respond when big players start entering crypto Smiley
90  Bitcoin / Bitcoin Discussion / Re: How can we help bitcoin grow? on: February 18, 2018, 09:20:35 PM
Just wait for it. Bitcoins is like a wildfire and would spread its fire automatically over large area in no time by itself.
91  Other / Beginners & Help / Re: Status is Newbie on: February 18, 2018, 08:39:31 PM
There are diferent ranks juniour member, seniour member etc. To know more about the ranking go here... https://bitcointalk.org/index.php?topic=178608.0
92  Other / Beginners & Help / Re: Is it too late for the rest of us? on: February 18, 2018, 08:30:37 PM
Yes its true that market is going down rapidly but thats the best time to invest in it. Well bitcoiners know that bitcoins are going to rise very soon.
93  Other / Beginners & Help / Re: From what to start? on: February 18, 2018, 08:20:14 PM
Have zebpay downloaded and have some wallet and then buy debit card for bitcoins. Then you are good to go.
94  Other / Beginners & Help / Re: newbie want to earn btc! on: February 18, 2018, 08:10:19 PM
You can go to the altcoin market and choose specific bounty threads and work for the programes efficiently to get BTC or other tokens which can be converted to bitcoins later.
95  Other / Off-topic / Re: What do you do during a panic attack? on: February 15, 2018, 12:30:17 AM
I would talk to myself to keep calm and settle to the nearest high platform and start breathing heavily and then have some fluid and lay down.
96  Other / Off-topic / Re: What would you do if the Internet was shut-down - forever?! on: February 15, 2018, 12:04:18 AM
The main problem  then would be the lack of efficient communication. Because net was used in account of telecomunication for over 80% all over the world, apart
97  Local / India / Re: Bitcoin Whatsapp Group- [ Join Now ] on: February 14, 2018, 11:47:29 PM
Bitcoin ecosystem is not still totally synchronised and has beta bugs, cob webs too, so i dont want to public my personal number in such an ecosystem.
98  Local / India / Re: India may ban Bitcoin on: February 14, 2018, 11:30:08 PM
i Think if you search for hardly you will surely grt it one they
99  Local / India / Re: Welcome to Indians on: February 14, 2018, 11:12:56 PM
Is bitcoin forum even safe for indians to come and register into it? I dont think so.
100  Other / Off-topic / Re: 2 SIMs + Best Camera Phone on: February 12, 2018, 09:48:05 PM
I use a series of swipe konnect. Its cheap , dual sim and good camera but lags sometimes Sad
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