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841  Economy / Economics / Re: Why economists say Bitcoin a bubble on: November 25, 2017, 04:55:48 AM
I talk to big economists they say Is only a Bubble my thought Is no bitcoin Is revolution of economy even doesnt have a background like gold the value Is power of the people what do you think?

A bubble is a bubble when something is overbought, it is that simple. Is bitcoin overbought right now?
With a supply of 21 million (not considering lost BTCs), with all the brightest minds working on it, with the strongest network, and with a marketcap that is still very small compared to what a global 24/7 market like bitcoin is could deliver.... then no, I don't think we are anywhere near a bubble. Corrections will come and go, that doesn't mean we were in a bubble.
Indeed, it's not overbought because, people investing their own funds to buy this cryptocurrency and live market which is having live traders proves that the price trully right and people paying this amount for cryptocurencies
Agreed, economists mention the liquidity without any proper backing similar to the gold or other stocks to be an major factor to consider it an bubble. Though it has been under review for etf and upon other live trades similar to stocks, there are groups that were not in  state to accept it.
Those groups obviously because of their selfish and greedy nature of the way they have always done things will not want to accept it but at the end, they will end up having no choice at all.

Bitcoin could have been a bubble if it does not in any way answer some questions or resolve some issues people are having when it comes to transaction for a long time now, and as long as there is going to keep being a demand for its usefulness, then any economist that calls it a bubble does not just have any sense at all.
842  Economy / Economics / Re: Why is bitcoin better than stocks, real-estate? on: November 25, 2017, 04:23:48 AM
We can say, bitcoin is much better in terms of investment return but we can't say that it could be better for a long term investment. Just because of bitcoin's price  volatility compared to real estate and stock. Though they have also chances of price inflation anytime but it is only of less percentage compared to bitcoin.
So you think stocks are not volatile too ?
They are as well and even as much as bitcoin is in its early stage, I would not want to compare it to stocks when looking at the possibility of growth and the volatility of the two. Bitcoin is much better.

Although, if we are referring to real estate, I know that can bring a good profit but I have seen some real estate business that has gone wrong too before. There is risk in every investment and it is just the level of risk that differentiates them all.
843  Economy / Economics / Re: where does Africa stand in the cryptocurrency revolution? on: November 24, 2017, 03:40:30 PM
Cryptocurrencies are gradually rising in prominence in Africa. It's being discovered with lots of Africans now becoming merchants. South Africa, Kenya, nigeria, Ghana, Zimbabwe etc have all keyed into the Bitcoin revolution. The fundamental question however, is, does cryptocurrencies have the power to haul africa on par with the rest of the developed world?
We cannot say if it has power to put Africa on the same level with the rest of the world, but in most of the places you have mentioned, it is really making a lot of impact.

Most of these parts of Africa that you have mentioned have enlightened people who have access to technology and information, which is really helping them to make the best use of cryptocurrency to answer all their needs.

Take a look at what is going on with Zimbabwe now as the only solution for international transaction is bitcoin which has seriously made the demand high and the value higher than the rest of the world. How this can help them eventually is unknown yet, but it all balls down to the government at a point.
844  Economy / Gambling discussion / Re: Continue my losing streak on: November 24, 2017, 02:55:16 PM
I do not see the reason why the OP will want to continue with the losing streaks as the chances of having another 572 losing streaks is possible and who would ever want to give out their cash so you can continue with your losses when they can just decide to bet on their own. OP should just forget and move on.

If he has money to put in which he can apparently afford to lose, then he can just go ahead as it is his call. Looking for someone to help him continue his streaks in a 100x payout? I doubt if that would ever happen.
845  Economy / Trading Discussion / Re: what is the right time to cash out? on: November 24, 2017, 01:54:06 PM
I was so nervous that when bitcoin price dropped to 6000$ I was scared to loose more and withdrew my coins only to regret later that it became 8000$.
Please help me with your advice /opinion.

That is quite normal for a newbie (new to trading ) to panic and sell the coin. but I would like to suggest never sell your coin in panic specially BITCOIN. If it is altcoin I can understand selling at a meagre loss of 10-15% but never sell your bitcoin. do your research and at least try to stay in your trade for mid to long-term period. otherwise, you will lose money in future too.
I would say even on altcoins panic selling wont really be always a good step for you to made since some of them do really still acts like bitcoin when it comes to price movement and recovery later on when theres a sudden price decrease but this thing would only be possible on some alts which not all do have these kind of traits. Cashouting on the right time is a tough job but rest assured or having a secure profit taking always reap out above on your purchased price.
The reason why most people panic really is because they do not even know the right decisions to make and if they have been very conversant with how trading works, I am sure no one even will panic with altcoin trading, let alone bitcoin trading.

Personally, I always set a stop loss for alts anyway as I believe anything that would make them go past that, I am getting at a better value. Bitcoin however, in cases of huge correction gives one an opportunity to buy low to make some good profit and I wonder why some people don't see that and ends up doing otherwise.
846  Economy / Trading Discussion / Re: Why you should buy Bitcoin now. on: November 24, 2017, 12:49:46 PM
We should buy bitcoins now because demand is high and with this in mind the price is expected to soar as high as 100000 dollars as money analysists have predicted and right now we seem to be on course
Yes, demand is increasing each and every day and we have not even seen anything yet.

New investors are stepping in daily as they want to have a share of the global cake and looking at the population of bitcoin users right now compared to the global population, then we will know that the chances of huge growth is definite and anyone who is smart now will not want to take their chances waiting for the best price to buy and just buy now.
847  Economy / Speculation / Re: Bubble or Not? on: November 24, 2017, 11:22:40 AM
I think Bitcoin isn't a bubble Smiley). Someone can say that it's a bubble but they just want to dump the price of Bitcoin at that time to have chance to buy Bitcoin at the lower price. I don't really care if Bitcoin is a bubble or not cause I'll keep holding my Bitcoin for few more years maybe Bitcoin can reach to 20k$ soon Smiley)
With all the attacks on bitcoin, it would have been so easy for bitcoin to crash totally in price if it was a bubble.
Definitely, we have had issues in the past where a lot of things happened and the huge one was MtGox which to me was understandable and more of an attack on bitcoin, do you think bubble would still have been able to thrive back to this point ? As long as we keep understanding one fact that we are in control, then bitcoin will keep being sound.
848  Economy / Speculation / Re: If bitcoin falls 20% a day on: November 24, 2017, 07:32:17 AM
Even the fudsters attack doesn't work to the bitcoin. Bitcoin cash supporter already tried it in so many times to attack the bitcoin and make others move into the bitcoin cash. The price of bitcoin already dropped almost 25% just in some days. But the price jump again.
FUDs are really becoming a thing that won't really work anymore since most people are now understanding that the control is in their hands and unless they are willing to go the loosing way, then they cannot lose. No matter how hard people try to break the chain holding the community together, they will never win.

Bitcoin has grown past what FUDs can affect and anyone who is dumb enough to fall for a FUD, there is someone smart enough to buy from them at a lower price.
849  Economy / Speculation / Re: Is it good time to buy Bitcoin? on: November 24, 2017, 07:00:16 AM
If you bought bitcoin last few days when the price decreass for sure you will earn some profit. Because the price of the bitcoin last few days is 6000 dollars and after few days the price become 7200 dollars now so if you bought 1 bitcoin you will earn 1200 dollars profit. But I believe bitcoin price will increase more so if you have extra money you can buy bitcoin now but invest only you cna afford to lose.
It is really a huge profit and even at that most people still will not understand that any dip is a blessing in disguise for someone who is willing to utilize the opportunity.

This is a trend that most people who already have the idea of how things work are always waiting for and it is usually like a first come first serve thing. If you lag, and could not get in at a good price, maybe out of greed, someone would be willing to pick it up before you do.
850  Economy / Gambling discussion / Re: gambling ends on: November 23, 2017, 06:11:40 PM
can this world stop in gambling?
someone who like to gamble hard to escape from the gambling trap. almost like a drug addict. Even after they went bankrupt still struggling to gamble by borrowing money for gambling. Actually what do they expect?
I think people who are experiencing addiction in gambling can still change their lives by the help of the gambler's friends and family, they can help the gambler by changing its habit like playing sports, working out, and working in their jobs, instead staying at home and going to casinos.


It would be hard to do that, because the one that will help themselves to decide what decision they are going to make is their own selves, you can't just say to someone that "you have to stop gambling because it is not good for you" something like that, NO, I'm afraid they are not going to listen to you because their mind is on the loses that they have on gambling, and they want to take it all back.
Sometimes, they even always know they are following the wrong path with their addiction but the issue they always have is to control that impulse. Like an adage that says, you can only force a horse to a river, but cannot force the horse to drink water from the river.

No matter how hard you shout, highest you can do is to get them to do what you want for that little time if you have some little bit of power over them, but that does not make them stop the addiction unless they are really willing to themselves.
851  Economy / Gambling discussion / Re: How did you started to gamble? What was your beginning like? on: November 23, 2017, 02:41:51 PM
Of course the first is to prepare the money. Then I prepare mentally to stay calm during gambling. And not forget I prepared 2 packs of cigarettes to accompany the gamble, in order to calm down during gambling. I don't think I need to set up a special strategy before gambling, because the most important thing is a luck that will help to get a victory.
You must have probably been a gambler before right from time for you to feel so cool about it and also believe it is mainly luck. I really hope everyone can feel this way as most people tend to always feel that gambling is just another simple way of making quick bucks to double your earning which is wrong but before they end up finding out, it ends up being late.

The bad thing though is that, in as much as you know you can lose, you just never want to lose which is one feeling that made me to drop gambling.
852  Alternate cryptocurrencies / Altcoin Discussion / Re: what will happen in Dec ? on: November 23, 2017, 01:47:12 PM
neo, golem and bancor will pump, but not at the end of this year. at the end of this year I think all alt will be stable, but bitcoin cash will dump and i'm sure bitcoin will pump again in next month.

I think you are right, the BNT has raised a lot of money and according to the road maps, some big development will be online next year, so as you can see the price is not still below the ico price.
A lot of developments from new ICOs bro! There are some projects that would really give the market a huge push and there is no doubt most of them will really do a great job to make investors happy. However, for GNT and NEO as mentioned, they have really done well, even though BTC run gave them a huge push back, but they are projects that would thrive.

I believe it would be the year of alts, cause a lot of ICOs has been spent in Q2-Q3 2017. So in the Q1 2018, there should start the first results delivery. And a lot of fud of course.

But also I believe BTC will keep on going. Still, it is not quite popular in the world in the everyday life. But the more it is widespread the more it's price is growing
Yeah, and it is a long awaited delivery. Bitcoin's bull run this season has really caused a whole lot of them not to be able to do well. However, by December and early next month if the bull run does not persist, then we should see some of these ICOs having some boost. Nothing is constant and Bitcoin will just have to pause a little bit at some point.
853  Alternate cryptocurrencies / Altcoin Discussion / Re: Low circulating supply? on: November 23, 2017, 01:00:32 PM
I think low-circulating suppy can be an indicator for investing, but also increases the risk of investing in the coin. Always monitor the trading volume, if its very low the coin is likely to die. It all depends on the roi you are looking for and the risk you are willing to take. Always remember, only invest what you are willing to loose.
Apparently, shit coins may also end up having low circulating supply and which is why it should not be the only thing one should watch out for before investing in a coin for the long term. That is just one of them.

All the above, the best to look at is if the coin really has a working product, whether there is really a support from the community, if it has a team that can really do well for the coin's improvement and development and the cap as well at the point of investment. All these things put together should be of help.
854  Economy / Economics / Re: How to train your money for costly bitcoin? on: November 23, 2017, 02:37:05 AM
Given the situation of bitcoin prices are growing higher and more higher since last few weeks is becoming more and more difficult to keep up with the regular small fixed amount of purchase. Earlier for 100 dollars a month or bimonthly I was able to see the reasonable amount of bitcoin ( or should I say satoshis). Nowadays the prices have gone high which feels real good for existing amount purchased so far. However at the same time getting clueless about how much should be put aside for regular bitcoin purchase. Because for 100 dollars the amount of satoshis we get is nothing.
What do you think how to tackle the problem of investing in bitcoin on regular basis with prices going high and higher?
There is no easier way to tackle the problem than to just buy the normal amount of satoshis you can afford to buy now or look for a job that would be paying you a lot so you can buy more to store for the future. There is nothing we can do about it as we cannot eat our cake and have it. As the value keeps increasing, so is the amount in BTC keeps reducing and there is nothing anyone can do except to keep enjoying the ones you have bought increasing over time.
855  Economy / Economics / Re: Bitcoin vs Ethereum after 5 years? on: November 22, 2017, 06:25:07 PM
What is most profitable to invest for 5 years ?BT or ETH
Do we really need to even day this as the handwriting is all over the wall who will keep being the clear winner here. They are both different projects quite sure, but bitcoin has shown much more chances of growth than Ethereum. It would still be the most sorts after digital currency as long as we keep seeing it and they will both be growing. However, in terms of profitability, we already know who the winner is even presently.

Bitcoin is unstoppable and it will continue to become unstoppable after 5 years, there is no chance for any altcoin to beat bitcoin even ethereum. Bitcoin will continue to improve and become bigger that will make its foundation even stronger than now. Bitcoin price is one of the proof that bitcoin is a very tough opponent for the altcoins and even the top altcoins will not be able to defeat bitcoin.
Bitcoin is really unstoppable! Over the years, despite all the attackers from every angle, the community keeps growing larger and stronger by the day. How do we expect a coin like ETH to compete in percentage increase in value with such a coin? It has proven itself so far to be undefeatable, and in as much as Ethereum is a good project, Ethereum itself can be defeated from that position later on.
856  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What is the best way of getting profit after few years, purchase ETH or ICOS ? on: November 22, 2017, 05:59:08 PM
All the best with getting profits from ico in long run just check the icos which has raised millions but still the price remains lower than the actual ico in recent times. Some might argue it is because of SegWit and other stuffs happening but unfortunately the reality for most ico is hold for few days when it get's listed and sell it as soon as you gain a profit.
I used to believe in holding for long as well before but that has really changed a lot. Not that I do not believe in the success of the project but with the fact that most of them gets dumped anyway which can give me a chance to quickly drop mine and buy more when the value has really seen some down trends.

At least with this, I can make some of my investment back and still be able to hold some of the coin for the future.
857  Economy / Economics / Re: How do I get bitcoin? on: November 22, 2017, 03:51:38 PM
Its common question of most of people who want to get online currency. For purpose of getting bit coin we have work be more creative and innovative through our own work or creativeness.When we work as skill staff we can get so many online work after accomplishing this task perfectly we will get some virtual currency like bitcoin. After getting this currency there are so many way to dispense this currency or convert this currency from virtual currency to local or international currency.
For exchanging this cypto-currency to local or international currency we need different system like PayPal and others service providers.
I really still do not see the question you are asking from your statement. However, if I am to assume that you want to know where you can exchange from fiat to bitcoin or vice versa when you either get paid offline or something, then you will have to look for a working exchange around you. For stuffs like this, it depends on your country. For me, I make use of either LUNO or remitano to do something like that.
858  Economy / Economics / Re: Bitcoin's profit on: November 22, 2017, 02:37:38 PM
I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?

Maybe if you are like Roger Ver who keeps on manipulating the coins prices for the past months your profit is more than those who are doing illegal activities. Imagine how much is the total market cap of all the coins.
What has Roger Ver done to you bro ? lol. That dude sure has a lot of coins at his disposal to be able to pull such a manipulation off and I am sure he is going to be making some real big cash at the end from that. However, some of these guys who do illegal activities get to earn a lot of money at the end.

That is why it is illegal anyway because they have to be able to pass through some thick and thins to be able to successfully do it without getting caught. Roger on the other hand is just playing stunts for his own which would not really last long.
859  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which coins that are now $1-10 are likely to ever hit $100? on: November 21, 2017, 07:11:04 PM
waves, lisk and Ethereum Classic
and maybe few coin with masternodes will hit that price
Well, it is a speculative thread, so I do not expect too much. There are so many coins that stand the chance most especially than ETC in a short while but the truth is that no one can really know. Still, coins with solid project backing and good team obviously will do well for their investors in the long run. How long they are going to hit the $100 is something we cannot really say. I so much believe in Waves though.
860  Alternate cryptocurrencies / Altcoin Discussion / Re: What altcoin will make us rich? on: November 21, 2017, 12:59:09 PM
This question is like the alternative way if you do not have any budget to invest in bitcoins then you should spend your money to eth coins because it is the 2nd highest value coin and it really has the potential to grow for the next few more years.
For profit, there are some other low market cap coins that have really given a lot of profit in a short while than Ethereum.

Most of these coins with a solid project and team has been able to make some investors rich over the years and I really see it as a good way to make some good bucks if you can do some research before investing in any of them. However, ETH obviously still stands a chance to really make any investor rich for sure.
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