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81  Alternate cryptocurrencies / Altcoin Discussion / Re: Investing on ICOS is good or bad ? on: November 08, 2017, 04:24:10 PM
Until now, all my investments on ICO has been a mistake  Sad

Why would you say so? Well too bad and di feel you too. There was also someone who have told me before, that investing to some ICO's could really be too risky, its either it will succeed or you will lost what you have risked. More importantly you must have checked all the details of the ones you are going to invest, not only the platforms but also the devs if they are really the true person behind the project, as it seems that because of lack of knowledge and research some investors just risked in everything without knowing the consequences, but i am not saying you're one of them though, and i've been a victim also before and just making sure that people reading this would also be aware.
82  Economy / Economics / Re: Bitcoin vs Ethereum after 5 years? on: November 08, 2017, 12:36:53 PM

Most of us here would really agree that bitcoin is the most reliable in terms of investment for longer term purposes, and as what you have said for five years there is no doubt it is one, but to think that ETH is also secondary or alternate investment, well it could also not be neglected.
83  Economy / Economics / Re: Bitcoin Price Moving Towards $7500, Market needs a crash on: November 08, 2017, 08:55:49 AM
Bitcoin price in India is hitting all records and now the price is moving towards the level of Rs. 500000 and its the signal of price correction. I think the next few days are crucial and we should be ready for a crash.

In the bull run, the market captures positive news and ignores small negative news. When people starts selling to make profits, the prices goes down and every negative news are highlighted which can lead a crash.

Market Needs Crash

Crashes aren't good for bitcoin, and I honestly don't think it is 'needed'. It will happen sometime soon, but it will happen naturally. Bitcoin has grown way too much over the last few months.
And it will continue to increase its value, i do not think it was healthy on the existence of bitcoin i am wondering if bitcoin would continue to increase its value there would be more incoming investors or the demand will continue to dump

Naturally if we examine the trend and the market we could not actually say that the demand will dump, but instead its the opposite, and as far as i can see, maybe it will just pull back a little and then it will pump again because of its increasing demand in the market , and nowadays it is really hard to mined bitcoins.
84  Economy / Trading Discussion / Re: Strategy for upcoming BTC fork? on: November 06, 2017, 03:39:03 PM
Words like "Strategy" and "Estimate" don't go together as it doesn't sound like it is accurate. You even mentioning the word "overprice" to Bitcoin shows that you don't know what you are talking about since Bitcoin's value has nothing to based on because it doesn't have any fair market value. The upcoming Fork my advice is to monitor the prices frequently as it can change quickly just like what happened in the previous forks.

Yes i think it doesn't really imply the word "overpriced" at all. You will just look like  a new guy that doesn't have that much experience in crypto, or people will just think you just encountered bitcoin by now basing on what you were saying. Market fluctuations are one that you must be keeping an eye of, there are many changes that can possibly happening since there is also this new upcoming fork to follow from the previous fork just happened.
85  Economy / Economics / Re: What will happen if the government know bitcoin in your country? on: November 06, 2017, 02:46:42 PM
I think they will ban bitcoin because of the fearful that may affect of the economics of my country but i disagree there opinion because working bitcoin is very helpful for me especially the support financial.


in my country philippines i think if they are already aware of what bitcoin really is,they will probably put tax,which i think is not a good one.the small earners like me will be the one really affected.every transaction will have tax plus the miners fee and add the widrawal fee.just think how much will they earn.while small earners like us almost nothing to left.well i think much better than getting banned right?
Depends on the tax amounts obviously, but long term is good news IMO . Like you said, better apply taxes on transactions than banning cryptos.
Honestly, as far as I am concerned, if in the future my country is thinking about banning Bitcoin, I would have no problem moving overseas, probably to Malta or such a country close to my home and Bitcoin friendly. In Asia, there is Singapore but cost of living is way too high there to be a good option.


Few from SEA countries are accepting bitcoin, while some are maybe planning to do so, or maybe they are just keeping ng their moves silently. In that case maybe for you it should be better to go to some countries which has low cost of living, its because i guess imposing tax would be better compared to banning it completely.
86  Bitcoin / Bitcoin Discussion / Re: BitCoin Is Too Complicated for Average People! on: November 03, 2017, 06:16:49 AM
Well i certainly believe that it is simple and easy once you were interested, and opposite or its complicated when you weren't interested. Simple as that, and technically, when you are interested to something you wont hesitate to try or learn about it, unlike you are not, that you will just keep on complaining and just let it pass you.
87  Alternate cryptocurrencies / Altcoin Discussion / Re: Should I invest in a new ICO or just buy BTC on: October 30, 2017, 01:34:16 PM
Invest in alt coins to earn a few bucks and then convert it into Bitcoin for long term holding.

It is easy said than being done. ICO's are totally a big risk, just think about what if they would run your money? So you will just end up broked right? First manage to research the team behind the project, try to know immediately those person behind the project, what are they aiming for and what are their contents about the project. We all know once you are going to invest to ICOs you cannot avoid risk, so just try to check as soon as possible.
88  Economy / Trading Discussion / Re: A Good Solution Of Too Much Greed In Trading ? on: October 30, 2017, 08:53:01 AM

I am also not that expert in trading i guess, but first you would rrally having a hard time controlling your emotions in trading, before you get to apply controlling emotions, you must have the will to discipline yourself, it is not that simple as we speak you're greedy, and the only way is to do the opposite, its just easily said than done. Just keep on practicing to discipline yourself not to be greedy, that's it.
89  Economy / Speculation / Re: Report: Bitcoin to $25,000 by 2022 on: October 30, 2017, 07:18:56 AM
That would be interesting if that happens. It would actually be five times higher than its value today. I think this prediction is over optimistic without considering the other competition with regards to cryptocurrency ecosystem.
If we talk realistically, then this thing is nearly impossible. Yet you never know what will happen in the future as future is unpredictable. This is really a difficult thing to see and that too in such a short period of time. Market price of bitcoin will for sure increase very much by the end of 2022 but saying this that it will reach up to 25000$ is something nearly impossible and hard to see.

The thing is, people are also saying at the beginning of this year that 5k is nearly impossible as well this 2017. That bitcoin can't go tbat high in sucb a short time. Well guess what, we've consistently breached 6k and we still have 2 months to go this year. I'm not saying it's going to happen but i'm belieiving it can

For now we could just only say it is too impossible, and even in the past they have said it was really impossible it would reach that worth we have right now, but as you can see it did happen right before our eyes, and yet there ar so many speculations to what might the future of bitcoin will be, some have said it will pump up, some also said it will drop, no one is certain about those predictions but it has a great potential to get high price.
90  Bitcoin / Bitcoin Discussion / Re: World govts fear Bitcoin because they can’t tax it – John McAfee on: October 29, 2017, 03:25:01 PM
Governments can tax exchanges and they can say what is legal tender and what is not. Suppose a government dictates that you cannot pay with BTC? You would still be able to buy some old furniture from a neighbor with BTC, but you couldn't pay a flight ticket, or at a restaurant with BTC. Any government can do it. I don't think they're much afraid...
Definitely,governments fear that they would not be fully able to control and trace all bitcoin transactions even by imposing strict regulations over bitcoin exchanges.We saw that PBOC of china also tried its best to regulate bitcoin exchanges and at last,china government thought that it would not work and started strict actions against bitcoin.

Tax is the main source of revenue for any government and no government would sit silently losing it.

Sad but it would be hard for the government to imposed tax to each transaction we will made, and to think that it would be a delicate process, monitoring everyone and each assets would be verified and be stated, i don't think it will woro that easily, as i prefer that so many people would complain and most importantly the bitcoins important asset will be no value if this kind of process happens, they were scared because they cannot emerge and control something that is my opinion why.
91  Economy / Economics / Re: Legalizing Bitcoin on: October 29, 2017, 11:35:10 AM
So in the most countries, bitcoin is neither declared legal or illegal. In some it is declared illegal and some are actually allowing it and also promoting their own alts.
So what would a government needs to do to regulate bitcoin in the country? And how can a government actually benefit from legalizing bitcoin in the country? How can it actually support the economic system of the country. 

To regulate it the government will just request the congress to impose a law and policy that will regulate the bitcoin after that the president of the nation will sign it as a national law. When the bitcoin is declared legal in the country the most benefit that they can enjoy is to reduce the unemployment
rate in which most nations common problem. People that unemployed can now start bitcoin transactions in which a possible income will be observed.

As far as i can see, there is no way the government will legalize it easily, not unless they can gain profits or money for each and every transaction people made by a certain nation. It is also quiet obvious that they would be imposing taxes to it, so i guess when this will be settled expect big fees and taxes from it.
92  Economy / Economics / Re: If the powerful governments wanted to, do you think they could stop Bitcoin? on: October 29, 2017, 09:49:10 AM

Actually i am thinking they cannot really hold down bitcoin, or totally shut it down, its because basically they really don't know how much asset somebody has, and apso they do not have access to it. Instead they can claim it is illegal and out of the law that is why it is also too risky.
93  Bitcoin / Bitcoin Discussion / Re: How can we explain that the bitcoins is not a scam on: October 29, 2017, 07:13:35 AM
We don't really have to explain ourselves to their shoes, besides we have witnessed how bitcoin had given us opportunities and so much other stuffs, so why do we have to explain? If they are not interested about it let them talk, do not explain further, you're just wasting your time to those who don't even want to listen any single word you want to say.
94  Bitcoin / Bitcoin Discussion / Re: Future of bitcoins on: October 29, 2017, 06:09:13 AM
In my country there is no such possibility. You can not pay Bitcoin at all. A Bitcoin exchange for money would be helpful.

Is there any slight chances that you can still cash out using your banks? If then you can still use bitcoin or trade it somewhere, and then your profits will be cashed out immediately by those banks out there near you, but if it's not the case then you don't have other choice than hold it and abide your law.
95  Economy / Speculation / Re: Bitcoin is falling, But don't worry! on: October 18, 2017, 04:11:45 PM
Well there is no need to panic about that news bro, its already a natural phenomenon, and most of us probably know that. We also knew that it will rise back again even greater that what  it reached before, or should we say another all time high.
96  Bitcoin / Bitcoin Discussion / Re: How can Bitcoin help the developing world? on: October 16, 2017, 06:29:21 AM
I want to try open Bitcoin Business. This cause I just have this question. I wanna know is Bitcoin can give a better world and future.

I don't know really know since bitcoin is just using this as a investment tool or a way to get an extra profit. From that I can say that it can help the people from getting some extra income out of services and advertisements but making the world better and having a good future because of bitcoin? I dont think so.

Yeah i think i agree with you though. There are lots of possibilities that can happen in the future, so there is also no sure and guarantee that it can be a game changing in the future, and as what other people say, future of all currencies, but theres a lot that can happen if we think about it carefully.
97  Economy / Gambling discussion / Re: Did you learn from your gambling mistakes? on: October 15, 2017, 08:25:41 AM
Although its not my style to gamble all around even I'm already on a losing streak, but i have met so many people who can keep up even on that streak, and as what i can say, they are the ones who are really addicted to gamble.
98  Alternate cryptocurrencies / Altcoin Discussion / Re: altcoin die or no?? on: October 13, 2017, 05:05:56 PM
All altcoins are not the same. Some good projects have done very well while some bad projects have gone down
even below ICO prices and not given much gains. One has to choose carefully and cut-down the losers.

In any case we need wait: for dead cat bounce if you don't want hold anymore and want exit or for next rally if you believe in project

As what i have observed there are so many ICOs that promises only at start and then it will just end up nothing, but still there are so many projects that are totally potentially good and has a bright future, and for me good ones will remain in the end, besides its also a natural phenomenon that when bitcoin rises alt coins will go down expected from most of the alt coins.
99  Economy / Economics / Re: Is bitcoin a good way to invest your money ? on: October 13, 2017, 01:04:52 PM
Definitely yes. Perhaps it needed to be done much earlier, when Bitcoin's price was lower. But since the Βitcoine continues to grow, you can successfully invest today and get a big profit in the near future.
I agree if bitcoin is good or Nice means to store your wealth or money investment in bitcoin, because in the bitcoin can give a huge profit when the price reaches the bitcoin high price. bitcoin can also serve as a long-term savings account and you can use also at any time if necessary. in the bitcoin can we regulate and supervise our financial sendri easily without a bond in a company.
Maybe we have a lot of users out there that is investing their some portion of wealth here in bitcoin and I heart that even Trumph has bought btc as well. I myself do the same I invest 80% of my money here rather than storing it in a bank with a cheap rate at least here I can play and do what I want with my investment.
80%? Wow thats too big and somehow risky thing to make and i do see you do have really high hopes on bitcoins success in the future but the thing you do here is really risky putting almost all of your holding or assets in bitcoin.It is indeed a good investment but well if you do know the risk on bitcoin then it should be fine as long you do know on when to exit when everythings go wrong.
I think if someone has the money in their bank accounts, they should immediately withdraw their savings and invest in bitcoin. If I have I will do the same because bitcoin is one of the top coin online businesses in the world in this day and the other benefit is that it is also a currency which is acceptable all over the world. So that I would be able buy anything anywhere in the world without converting.
You don't need to be greedy in handling your money because not all the times, it is a good chance or the right time to invest money in bitcoin because sometimes the price is already high and if you will risk all your money and put it into bitcoin then you might have a huge loss because the possibility for the bitcoin to go up is still unpredictable so it is better to be safe than sorry.

Indeed you guys are right. Its too risky to think that you are going to gamble all of your money to a single investment, and for me its totally scary when incase it fails, but if you believed on it it, i guess it might work, and besides if you have a regular job where you can get your maintenance or for your daily expenses, i guess it is good to go.
100  Economy / Economics / Re: each state will create its own token? on: October 13, 2017, 05:52:49 AM

I believe that there is no need for us to have different tokens as long as it can be used anytime then there should be no problem. It also doesn't makes sense if different states have different tokens.
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