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821  Economy / Economics / Re: Do you think billionaires invest in BTC? on: November 01, 2017, 12:24:30 PM
They have already invested they are not dumb they are rich so they do not care about their money they have a lot money. I also think that they are gaining more money from bitcoin.

So they are getting richer and richer while we are fully focused on bitcoin.

Maybe they did already invest in bitcoin or other cryprocurrencies discreetly and we don't know they are the ones we all call "whales". And for sure they already know about bitcoin, Bill Gates even knows about bitcoin and he is one of the famous billionaire known worldwide.
I am pretty sure on this thing that billionaires do invest in bitcoin and are holding good amounts of it.Let’s talk about the total amount of bitcoin. It was 21 million and then it is said that 2 to 3 million are lost and 1 million are in Satoshis’s wallet. Now we only have somewhat 4 million bitcoin that are still to be mined out.

Subtracting 4 million from 18 million bitcoin which gives 14 million and now I can bet that people like me are not holding a lot of bitcoin. Using common sense, billionaire have great amounts of btc.
822  Economy / Trading Discussion / Re: What is the risk of holding Bitcoin? on: November 01, 2017, 08:40:50 AM
the risk is if HODL the bitcoin in long term then the value derceases. every crypto the value hi and lo
In my opinion, there is no risk of holding bitcoin and that too for quite a long period of time if you are having control on your emotions. Risk will be there only in that case when you are bad in controlling your nerves at the tough situations. You need to remain cool and calm and you should have believe in bitcoin. Bitcoin will help you earn much more money than you ever expected to earn.
There is obviously no risk of holding bitcoin. The same risk that you will ever experience holding bitcoin is even worst in most of the altcoins which is high level of volatility. Bitcoin has proven itself stronger in so many cases and of course its support and market is stronger compared to any other coin which is what makes it more of a profitable investment.
823  Bitcoin / Bitcoin Discussion / Re: Buying Drugs with Bitcoin ? on: October 31, 2017, 10:35:33 AM
Anyone bought drugs with bitcoin and what are you thought on the subject ?

i know i have used bitcoin to buy psilocybe cubensis thank you bitcoin i cold have not done this without you now i can trip watching corry & eastenders in the evening its such a sight.
I don't even think that it is legal buying drugs with bitcoins. I have read various articles about deep web and bitcoins. Purchasing drugs with bitcoins is mostly carried on deep web and perhaps you might too have purchased drugs on deep web. It is the most illegal thing of the internet and should be kept as much far as possible because it may affect our future a lot.
824  Economy / Economics / Re: Investment amount on: October 31, 2017, 05:57:47 AM
How much would you make as first amount? I was thinking  £50 bit even if this times by even 10 that's only 500.

Would 300 be a more realistic start

It depends on you. How much money can you risk for an investment? No matter how big or small you invest into something, there is always a risk. If you can't take the risk then start with a small amount of money, but always remember that the riskier it is the more you will earn from it. So yeah, the decision is all yours anyway.
well an investment amount is really depend on how much money you can afford to loose to prevent nervous breakdown .i think we really need to make a limit in investing because we cant predict on the next moving of the price wethier it is goin to rise or to fall down.i believe  that being patience  is really a must if we do investing people really dont have patience that is why they loose.
No one will definitely lose money no matter how small and not really get pissed off at a point. However, there are sometimes you just do not have to be greedy in an investment and most especially if it is still not fully approved yet. Anything can happen, we might be optimistic but as long as we know that anything can happen negatively should be enough to drive us on the decision and the risk we are willing to take.
825  Economy / Economics / Re: Can bitcoin improve the economy of a country? on: October 31, 2017, 05:10:24 AM
Yes bitcoin can improve economy if it regulated by particular country.Than bitcoin can be used for trading purpose and people can use bitcoin as they are using fiat currency. people will want to earn more bitcoin if they legalize in country and then Per capital income will rise.
Not totally bitcoin can do a lot for our economy, even it become legalized. Because we don't pay anything to our government for this, only the exchanges have imposed fees for all bitcoin holders and investors. That's why some countries didn't support bitcoin because they can't benefit from this, unless they start collecting tax. And with this, we can help our country to improve our economy.
It can improve, it can also destroy lol. That’s true, there are various things it can do to our community. I don’t think I have for once come across a post a post that states the advantages of Bitcoin or the things it does in a way to improve the economy of a country.

All I normally come across is the disadvantages. Well, I will say it helps a lot of people in the community to get rich and by helping them get rich, it will also in a way favor the community.
826  Economy / Marketplace / Re: Do you have an idea to invest your bitcoin in offline business? on: October 30, 2017, 08:34:49 AM
In the future this is potential but now is too less of people who know to bitcoin so this cant
Have you considered the few number of people who might wish to try their hands on actually making use of bitcoin for real life purchase? Sure, we may have less people and it is not like it is a must for someone to consider only bitcoin as a form of payment as that will apparently be a stupid thing to do. However, you can combine with fiat, make it flexible and you had be surprise some willing to pay in bitcoin.
827  Economy / Trading Discussion / Re: How do you deal with loss? on: October 28, 2017, 01:00:25 PM
dont need to do anything. why? because we dont have any magical to get back our loss so we must accept it. that's all
That is just the point! Why get sober over a situation that has already happened and cannot be changed. If we had all been given the chance to rewind back the hands of time and refix the mistakes we have made, so many of us would have been lost in time Grin ... However, we have been given another chance to either make it right or bounce, so the choice is left for each individual.
828  Economy / Economics / Re: If the powerful governments wanted to, do you think they could stop Bitcoin? on: October 28, 2017, 10:55:26 AM
This is something which I've beleived for awhile, which is the prospect that if big governments and banks worked heavily together they'd be able to remove Bitcoin from the face of the earth. They wouldn't ban it, as that would be a tough thing to swallow for the American people as they wouldn't see a good reason to do that ( at least in my mind here) But they could just go ahead and regulate Bitcoin into oblivion, making it hard for Bitcoin businesses (buying and selling, trading, etc) to operate within their countries, or be subject to insane taxes, KYC AML and such.

Do you think Governments could kill Bitcoin?
You just made a funny comment by saying the government can’t ban Bitcoin. Well, maybe I should let you know that they can destroy Bitcoin completely and not even talk about banning it, cause banning Bitcoin means it will just not be used in some countries. What did I say, Destroy? Yes they can destroy. They can target the bigger wallets owned by big investors and Destroy them making all go bankrupt.

They can do so by tracing it through the addresses. Ask me how? Then I will tell you to head to Google and make some research cause Google is a good friend of yours.
829  Economy / Economics / Re: How can we make more money? on: October 28, 2017, 10:21:04 AM
You cant start trading if you are nit yet familiar on hiw it works coz you might just end up lossing all you capital. Get some information first and ask advices from thosr people who are already successful in trading.
yes trading is not just relying on luck alone but has the knowledge that can lead to the path of profit such as news about the state of the market

Well that's true, if you really want to make more money then you should study first before you execute for you to not loose big money. If you really want to make good money then increase you sources of money by just creating money machine. Here in bitcoin you can earn unlimited income but of course you have to work for it.
Studying is required for everything, if you want to earn from online, you must choose the particular method, area or service you will like to be offering and then study everything it’s all about cause that will help make you perfect. For example– Trading– if you just get into trading without some study on how it works, you wouldn’t know that candlesticks chart is the best for it, it doesn’t just end there, cause there are lots of things to study in every profession.
830  Bitcoin / Bitcoin Discussion / Re: is it risky to turn all my money to bitcoins? on: October 28, 2017, 09:24:47 AM
High risk if you put all the money into Bitcoin, but if you are a great fighter, you will do it by depositing your money on bitcoin. But that's the only person who believes in Bitcoin and has a lot of courage..
There is no risk in investing all the money into bitcoin because bitcoin is so promising that it will never let down anyone’s money and this coin let everyone to enjoy good profit and it gives more than 100% of profit and those who are asking of risk must be unknown to the profit rates and this will let you use your money also because basically bitcoin is a currency and one can get profit as well use it at the same time.
831  Alternate cryptocurrencies / Altcoin Discussion / Re: When do you sell the altcoins gained from bounty programs on: October 27, 2017, 07:51:07 PM
It totally depends on project and person, I will personally hold my bounty coins at least one year because most of them I participated so far are good projects except bowhead.
It really depends as you have said. Most times since people are always looking forward to dumping their coins, I always try to maybe dump and see the best price I can purchase again once the whole dump is over. That way, I have made some profit and I am also buying back into the coin for future purpose. Everything balls down to how fast I can get in the market.
832  Bitcoin / Bitcoin Discussion / Re: Bitcoin a political coin on: October 27, 2017, 08:38:05 AM
Bitcoin is undergroun of money market. You should do mining and mining. I dont believe that it is gonna be political for many years.
Even politics and bitcoins are too far away from each other as they do not have any similar connection. Bitcoins are a free currency without any restrictions and dominance. Bitcoins cannot be controlled by any politics and so it is never a political coin. Even we know that bitcoins are completely decentralized and have nothing to do with the government transactions and even the government cannot control bitcoins.

Bitcoins are grown vast these months and that's why most of the political parties have started accepting bitcoins in order to make themselves famous.
833  Bitcoin / Bitcoin Discussion / Re: Its good the China banned crypto because now the price doesn't need China. on: October 27, 2017, 08:02:15 AM
Hey Guys

So whats up guys im the legendary noob rank. So i want to talk about how the exchanges all left in China. Its good because now the bitcoin price is not dependent on China so once it doe go back up it won't be reliant on China which is good. well my friends are nagging me ill talk in the comments there none stop spamming me
Bitcoins are the decentralized currency and does not have any track on its transactions and also there will not be much effect even if china is banning all exchanges. Surely china has the largest population and also a good number of literate peoples but bitcoins does not care about them and instead keeps moving on. Bitcoin cannot stop for any particular country now and will be ahead on its path for success.

Bitcoins had some minor effect after the news about china banning cryptos but it does not matter much and bitcoins are now again back on its path to success giving us a clear message that bitcoins are strong enough now.
834  Economy / Economics / Re: plan for the future with bitcoin on: October 26, 2017, 06:57:03 PM
in the middle of life, everyone will find a pocket of money in their pocket when they need it.

it will be much more necessary than indispensable.

As technology advances, places of use will increase and value will be valued.
You are right! Technology keeps advancing everyday with much more value and bitcoin/cryptocurrency as a whole will play a huge part in the technology advancement worldwide. It is good to save and with bitcoin that has made savings a more easy stuff knowing the value is going to increase for a long time from now, will help people achieve their plans faster later in life and create more value in the society.
835  Economy / Economics / Re: Do you think billionaires invest in BTC? on: October 26, 2017, 08:19:38 AM
Yes they do for sure because they want to control over bitcoin but that thing will surely not happen, billionaire can spend their whole money on bitcoin but never to control it. Well bitcoin offers great return of money so i have no doubt billionaire wants to involved themselves into this kind of market, bitcoin is the future for sure.
Yeah it is the time for the bitcoin to increase more and more. The bitcoin is the best thing to do not for the investors but for the bitcoin as well. The bitcoin price is increasing and the income of the bitcoin will is higher if they will buy more and more bitcoin.

The value and the price of the bitcoin are getting high just because of the market and the city investors and the value will get higher.
836  Economy / Economics / Re: Why economists say Bitcoin a bubble on: October 26, 2017, 07:46:37 AM
if that was the opinion of the economists, then i think he is wrong. I don't believe bitcoin is like a bubble, because if so, why do rich people keep investing in btc? and why lot of people become rich because of btc?
Same here I am not having the thinking about the bitcoin like this because the bitcoin is the simple and the value will give us the high facility indeed. The bitcoin is increasing in the power and the people who are saying the bitcoin is the bubble and the bitcoin will disappear in the future but the according to me the bitcoin is the best source of the income and it will be more famous in the future.
837  Economy / Trading Discussion / Re: Investing all my savings! on: October 26, 2017, 06:39:51 AM
The ratio how you've split the funds among cryptocurrencies is good. Still I wouldn't invest all my saving in anything not just in cryptocurrencies. No matter how the situation is looking good and attractive and the price is high this can change and will change at some point so it's too risky to spend all your saving. Reconsider your decision one more time and maybe consult somebody that is maybe more experienced with cryptocurrency investing.

I would like to agree. You may have allocated your investment nicely but as said, it would be too risky for you to use up all your savings. The coins you plan on investing on have good potential however cryptocurrencies are very risky. There is a risk in investment and trading - a risk of losing all your savings. Are you prepared for that? It would be best to set aside some in case of a rainy day because you can never tell whether a day like that may come or other emergencies. Only invest the money which you could afford to lose.
I agree with you all, above chosen lists are actually good investment even long term. It is a matter how you manage your investment and to grow your money. The fact is Im not into savings all my money into cryptocurrencies, spreading investing is a good choice.
If you have savings and by seeing the trends you want to invest it into crypto then you must choose the best coin of the time so that you can never get to the loss and that is bitcoin savings are for the hard times and why not multiplying your saving and then cashing them out in your hard time this will generate a good revenue for you in hard time to overcome the financial crisis as well as for other needs.
838  Economy / Trading Discussion / Re: Are you going to keep your BTC on exchange during the upcoming forks? on: October 26, 2017, 06:04:23 AM
of course, I kept my bitcoin on the exchange, and I put it in bittrex but few hours ago snapshot completed. I can't possibly miss it because some time ago I regret not saving bitcoin when getting free BCH and everyone is happy with that because the price is very high. I think the success of BCH will occur in bitcoin gold, at least the price above 0.1 its very good.
There comes so many occasions in your life when one wrong decision results in huge amount of loss. At the time when there is chaos all around, you need to actually control your nerves and think well before making any kind of decision.

I will for sure keep all my bitcoins during the upcoming forks because selling your bitcoins at that time actually means that you are going to suffer a huge loss.
839  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: BUYING ETHEREUM IN UK on: October 26, 2017, 05:34:14 AM
if the volumes do not suit, there are many larger exchanges. For example, they do not accept a deposit in pounds.
I don’t know if I’m getting you right, but do you mean that you’re looking for an exchanger where you can buy at the best rate? I think you should try out local Bitcoin, cause I believe there is an exchanger for every location on their site, whether UK, US, Asia, Africa, or Australia.

Though I’ve never done business with any exchanger on local Bitcoin, I prefer to do it someone I know face to face. If you would use local bitcoin, sell and buy from exchangers with good ratings.
840  Economy / Economics / Re: Can we totally eliminate all the banks in this world? on: October 26, 2017, 04:52:01 AM
First of all banks are not shit but are central authority managing the economy of a country and no country will go all in cryptocurrencies which are international and can be manipulated internationally. They need a local central financial manager. Unless countries launch their own centralized cryptocurrency, banks are not going anywhere for sure. Rather cryptos and banks will coexist.
Yes banks will stay important until the government of region will not come to know about the benefits of bitcoin and bitcoin is not controlled it depends on the user demands and once bitcoin knowledge will reach at door to door then everyone will forget about banks and launching own cryptocurrency will be like a flat money because there is no scope of that in outer world so adopting bitcoin is best option.
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