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861  Economy / Economics / Re: The Richest 1% Now Own More Than 50% of the World’s Wealth on: November 23, 2017, 01:51:56 AM

Essentially, millennials are more likely to be unemployed or earning less, priced out of the housing market, and unable to get a pension. Baby boomers have most of the wealth and the housing, so “millennials are doing less well than their parents at the same age.”

Millennials may be better educated than earlier generations, but Credit Suisse’s researchers said they expected only a “minority of high achievers and those in high-demand sectors such as technology or finance to effectively overcome the ‘millennial disadvantage.'”


Though Millennials are living in the age where almost all can be done instantly, it seems more harder to gain wealth compared to baby boomers because the baby boomers work harder knowing that they have lived in the age where technology is not that advance yet compared nowadays. Inflation rate is much lower before so price is not that high and because they already acquire wealth then it would be easier for them to have businesses and they are the one who build up the businesses and the millennials just continue what they started.

Due to the advancement of technology nowadays, many people are impatient when things are delayed. It may be easier to earn money nowadays than before but it is easier to spend it as well thus it is hard for millennials to budget their money compared to baby boomers. Those who are just taking attention of the proper financial management are able to gain wealth which is just a minority of the people thus there is "millennial disadvantage".
862  Economy / Trading Discussion / Re: How to overcome the fear of holding? on: November 22, 2017, 03:29:56 AM
I've always been one who sells to earlier, either to minimize my losses or to realize my earnings ASAP and leave. I've seen in most of my investments, if not all that if I would've just left the coins there they would've been worth 10-50x what I put in before. This is upsetting as a person and trader, as I see how much money I'm missing out on.

How do you traders do it, hold and hold and hold. Waiting around for more and more money?

You just decide if what are the coins you intend to hold for the long term and for the short term. If you intend to hold the coin for the long term then don't waver even if the price goes down because it will just go back up or you can buy more of it to average down. If you bought a coin to profit for the short term then you can just set a target price to sell or stop loss price if it goes against your trade and if you feel that it has more room for the price to increase then set a trailing stop loss to lock in your profit. Just follow your strategy and stick to it and then adjust if its not effective anymore. You cannot always buy at the bottom and sell at the top.
863  Other / Beginners & Help / Re: where can i invest to make money on: November 22, 2017, 03:13:01 AM
If you want the best return of profit then go invest in trading cryptocurrencies. It needs a little effort in here unlike those investment sites that make your money grow without you doing nothing but the difference is you can make sure that no one will scam you only if you choose the right altcoin.

If you don't like trading then you can just buy bitcoin since it is the most popular cryptocurrency and though it may not grow as fast as other altcoins because its price is already high, it always prove that it can counter every attack to it by going higher every time. Many traders are trading altcoins to have more bitcoin  but you can also have an option of investing in already established altcoins that have been existing for a long time along side bitcoin and have active founders and developers. You can also have a choice in investing in ICO like Angel Token. You can just visit their page through my signature and see if you would like to invest to them. The earlier you join the better it is.
864  Bitcoin / Bitcoin Discussion / Re: Why all the negative talk about bitcoin lately? on: November 22, 2017, 02:25:38 AM
Really don't understand all the negatives flying around about BTC lately - we are on the cusp of mass adoption and that will change the space forever in a positive way.

- Bitcoin futures and soon Ether futures
- Bitcoin legislation to make <$600 transactions non-taxable in the US
- Increasing adoption globally even after China ban

You could add so many more positives to the above, so bitcoin won't be dying anytime soon !

Because there are always two sides of the coin. If there is positive news, there is negative news that's why it can't really be prevented that there would be some negative news because many people are still in doubt about the coin and its future. There are many bankers who are against it because it is a threat to their business while some are open to it so some of the negative news are from them. We know that there are bitcoin whales holding large amount of it and they are doing manipulations as well to have more and a negative news can make the price lower so some of the news are just their strategy to make it cheaper and those weak hands will just sold their coin especially those who just entered the crypto scene seeing the price volatility of it.
865  Bitcoin / Press / Re: [2017-11-21]Most Young Americans Will Hodl their Bitcoin Until it Reach $190,000 on: November 22, 2017, 01:57:46 AM
Many people are talking about holding bitcoin until that amount is reach but many are just saying that until such time when bitcoin reach a certain amount lower than the target amount they plan to reach and then sold their bitcoin. Bitcoin is supposed to be a currency but due to the high fees, it is hard to use it as a currency like buying small value items thus many just chose to make it as a store of value rather than money for every day usage. The statement of holding bitcoin until such time are just their opinion for now but there may be some circumstances that would let them change their mind and due to the bitcoin's price volatility, when the bear market comes back again, some of them may even consider in selling it.
866  Bitcoin / Project Development / Re: Looking for Candlesticks charts similar to Bitfinex, BitMEX on: November 21, 2017, 03:28:52 AM
One of the good looking charts I have seen is in tradingview.com. Most of the bloggers that share their analysis online use it.

There's also a social media functionality that can make you interact with other users in the site by commenting on their posts and sharing your own analysis. It's a very nifty tool if you're an active trader.

I use tradingview.com too. There are so many indicators to choose from and it's free as well. There is also an option to upgrade to premium with fee. I can see many traders use the chart and there are many tools to choose from. It is favorable to those who are newbies in trading because of the social media functionality wherein they can just follow their favorite trader and interact as stated above. Its limitation is that it can only pull out the charts from some exchanges not all exchanges so I am hoping they will add some additional exchanges in the future.
867  Alternate cryptocurrencies / Altcoin Discussion / Re: Successful ICO Experiences on: November 21, 2017, 03:00:50 AM
If you invest in ICO's that you've researched well or that have received a good rating or review you're likely to have more success than just throwing money at any of them in the hope of getting lucky

I have read a news before that states if you invested in all ICOs may it be successful or not then you would have an average return of 1320%. However, you can only do so if you have so much money and most of us are not so it would boil down to whether the ICO we would invest in it would be successful and the developers would be able to deliver what they promise and the project materialize. There are successful ICOs as well that after having the funds, the developers are nowhere to be found. This is the link for that news that I have read. http://uk.businessinsider.com/ico-mangrove-capital-average-returns-crypto-icos-2017-10
868  Economy / Trading Discussion / Re: Do people actually buy coins with real life money? on: November 21, 2017, 02:37:21 AM
Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ for 1ETH or 6000$ for 1BC is too much for most people.
I mean how often do people buy crypto currency like ETH and BC

Of course, the cryptocurrency market would have no value then if there is no fiat money injected to it. There will always be people who are willing to invest in high value investments because of the possibility of high returns in the future. Besides, it is not required that someone would be able to buy a coin only by buying a whole of it like buying one ethereum or one bitcoin because he can just buy a portion of it depending on how much he can afford. There are many people who are dumbfounded by the fact people are investing in an "internet money" and a lot are calling it scam but so far I can see that investors are happy with the returns and some even become millionaires because of it.
869  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin or Altcoins? Which is safer or more profitable? on: November 21, 2017, 02:13:23 AM
Hello family, I need to take an informed decision on this issue

With the present challenges with the blockchain technology and its present congestion ,

Is it still safe, wise and as profitable as before to start a fresh bitcoin investment?

I'm thinking that investing in a number of the other several altcoins might be much better

Pls I need your thoughts and opinions on this....thanks

It is still profitable to invest in bitcoin because its price will still grow given the demand and attraction it is getting now. Yes there are others who would be skeptic in investing due to its high price but if you still have money you can afford to lose then invest in it. It is a high risk high reward investment. However, if you invest purely in bitcoin then don't expect that the value of your holdings will increase immediately in a short time because it is already high but instead you can invest in altcoins that has still low value because there is a room for more growth like it would increase tenfolds in months. The combination of both would be best to increase the number of your bitcoin and the value of it as well.
870  Economy / Service Discussion / Re: Possibilities in future and negatives on: November 20, 2017, 03:25:51 AM
We are witnessing now all these erc20 scams. I actually participated in a couple airdrops cause i thought well i join a couple for fun and actually gained some. But its not right to be part of a scam and make money out of thin air i figured. 

With that said, if crypto becomes massive. What stops people to make all kinds of shitcoins and see like 100.000 shitcoins on cmc if  not more.

Another thing:

would it be likely we see all businesses have their own coin? Amazoncoin? Walmartcoin? (i use these  since these are internationally most known. Not an American..)

I participated some as well because who doesn't want free coins but there are some of them who are out to get some information but didn't really send coins and some would ask for donation before one can participate in the airdrop. Well it depends on you if you want to participate or not. No one can stop them in making those coins but we have a choice if we wanted to invest in that particular coin or not. Many are still in profit trading those coins because by just observing the percentage increase, some of them doubled in price in just few days so you just take advantage of the opportunity to have more ETH.

871  Alternate cryptocurrencies / Altcoin Discussion / Re: Criteria for a Good Bounty Campaign on: November 20, 2017, 03:04:44 AM
Hi,

I am a newbie about to become a junior member and about to get serious on embarking to bounty campaigns. There are a lot of bounty campaign offerings here but I guess not all of them are worth the effort. I hope you can share your own CRITERIA; based on your experience, in identifying quality bounty campaigns. Your thoughts will be of great help for both bounty campaigners and developers as well.  Smiley

My own criterias are:

- Bounty Manager - 5%

- Rewards Ditribution (per bounties) - 20%

- Bounty Allocated - 20%

- Media Exposure - 50%

Why Media Exposure? It means that they are really transparent to the public and they are doing efforts in advertising their project. Showing their goals to the blockchain professionals and enthusiast means that they really have a great knowledge about project running in a blockchain technology.

I also look at their media exposure if they are really serious about their project. With so many ICOs popping everyday, it is hard to choose from which are the legit ones and would pay the bounty participants. Being active also in social media sites and being featured in famous ICO sites would be good way to gauge if the project will be successful or not. I have joined a campaign during pre-ICO that did not reach its quota but regardless they still paid their promise bounty to its participants. There are also some ICOs that are successful but just abandoned its investors and bounty participants so it is hard to judge. We have no choice but to trust them that they will pay after their ICO.
872  Economy / Trading Discussion / Re: From 0.1 to 1 BTC in 6 months with Day-Trading on: November 20, 2017, 02:42:01 AM

What is skating in this context, I haven't ever heard of it?
staking of course, typed too quickly, holding coins in your wallet (not on an exchange), and getting a reward for it.

Staking is a great way of earning passive income as well. Regarding OP's post, I will be watching this thread. OP is an experienced trader as what he claims so it would be good to see if he will be able to achieve his target of 10x from his original capital.  I believe there are some people who have earned a lot of profit on their first week of trading and then after that due to emotions, they lose it again because of greediness. In trading, consistency is more important because it doesn't matter if you double or triple your money in just few weeks but after a month you lose it all again. Even if it is just small amount of profit but consistent then eventually it would grow bigger.
873  Economy / Economics / Re: Are there any registered public co's accepting payment in bitcoins? on: November 20, 2017, 02:18:36 AM
Hello guys, just wanted to know if there are any registered public companies in any part of the world which are accepting payments in Bitcoins? If yes have they faced in adverse conditions or hardships in the process ?

I know that Microsoft, Lamborghini, Starbucks, Subway, Intuit accept bitcoin. These are just few of the companies that accept bitcoin but there are more of them and as bitcoin's popularity is increasing, there would be more company that would accept bitcoin as payment option. One of the controversial news is Amazon whether it will accept cryptocurrency payment in the future but they don't have an update of it yet but already purchase some domains related to cryptocurrency. The companies use payment processor to convert bitcoin to fiat but maybe in the future they would accept bitcoin as it is.
874  Bitcoin / Press / [2017-11-19] Pac-Man Meets Bitcoin at Blenheim Arcade on: November 19, 2017, 06:05:04 AM
An old-school arcade, in the retirement capital of New Zealand no less, complete with Pac-Man, pinball and teddy bear claw machines, has started using cryptocurrency.

And actually, it's not that cryptic. Gamers at the Arcadia, in Blenheim, just need the bitcoin app on their smartphones.

The amount they want is entered into the till, a unique code is scanned with their phone, they hit 'pay' and they're away.

Customers are then given tokens to slot into the machines. 

Scoon's son Adam Scoon, the mastermind behind bringing bitcoin to the arcade, said he anticipated everyone would be using bitcoin in the future.

"It is getting more and more attention and more people are learning about it and getting into it which pushes its value up even more, we think that eventually everyone will be using it to pay for everything," Adam Scoon said.

University of Canterbury senior lecturer of finance Bill Rea said bitcoin was a "highly secure" form of transferring money.

"It does offer quite a secure way to do transactions," Rea said.

It did however require some technology and IT skills, he said.

More companies and individuals were starting to pick it up as a form of transaction. 

"[But] your corner dairy is probably not going to be using it anytime soon," he said.

Source: https://www.stuff.co.nz/business/98948778/.html
875  Economy / Trading Discussion / Re: Patience and Holding on: November 19, 2017, 04:51:47 AM
Ive been wrong that i withdraw all my earnings on trading ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..

If you want to grow your bitcoin amount then the better way would be to trade altcoins because it has the possibility to rise in price in just a few hours or days and if you want to just grow your fiat value then you would just hold bitcoin but then if you want to increase both then you should trade altcoins because as long as you grow your bitcoin amount then the fiat value would increase as well. Just concentrate on growing your bitcoin amount and don't mind the fiat value if your aim is to grow your portfolio. But be careful in trading alts because you might end up being burn if it becomes bearish and you don't have a stop loss.
876  Economy / Speculation / Re: What do you think Bitcoin Price will be in next 3years ? on: November 19, 2017, 03:34:09 AM
If there will not be anything that will disrupt the growth of bitcoin then the demand will continue and maybe the price of it in the next three years would be $20k more or less. This is just a conservative speculation because who would expect bitcoin would be worth $8k when the price of it at the start of the year is around $1k. The prediction for around $5k or more is supposed to be next year but it already reach $5k this year. Price of bitcoin did increase again 10x compared to its price last year. I believe there would be forks again and bitcoin would be in demand again during that time. 3 years from now, there is already halving so maybe bitcoin would be in demand before the halving around June 2020 in which price would increase drastically.
877  Bitcoin / Bitcoin Discussion / Re: How can I protect my self from being hack of bitcoin on: November 19, 2017, 03:17:22 AM
Just yesterday I come across one youtuber where he says
he just wake up and saw his 50 btc was vanish from his exodus wallet  and also before that another 20 btc was vanish
he says he dont even know how this happen.

pls how can I escape this.

Do not just download any wallet without even checking if there is a virus in it. For instance when there is a coin that is doing airdrops and will tell you to download their wallet but upon downloading, you downloaded the virus as well and this will get your information from your computer. If there are key information that is being kept in your PC like username and password then there is a possibility that the hacker will be able to access your accounts and get your money.

Always bookmark the site that you are always using so that you can avoid searching for it in which case the top one that would appear is a phishing site so you will also be hacked in this instance if you will just log in directly without checking the URL if it is the legit site or not. To be secure, bookmark the site and just click it when you want to access it.

Use a hardware wallet so that it will not be accessible online. Example of this is Ledger Nano and Trezor. These are offline wallet so the possibility of being hacked is minimal since you still need to connect it to PC in case you wanted to use it but if you are not connected online then basically your coins are safe.
878  Economy / Service Discussion / Re: I'm looking for someone to confirm my btc transaction, I pay eth to anyone who d on: November 18, 2017, 05:06:37 AM
You can try the services of this one.

https://bitcointalk.org/index.php?topic=2256407.0

There are many who are quite satisfied with their service. It is free up to 500 bytes but I can see that your transaction is 1667 bytes so you need to pay for the acceleration but there would be no problem for you as you are willing to pay for it.
879  Economy / Exchanges / Re: Your Review for POLONIEX.com? SCAM or LEGIT? on: November 18, 2017, 04:44:43 AM
I started my cryptocurrency trading journey in Poloniex and thankfully, all my transactions are executed and my withdrawals all went through. However, there is one time that I wasn't able to access my account because upon logging in, it is said that my IP is being banned. I don't know the reason of it and then when I tried to log in the day after, I am able to log in. Maybe there is some glitch in their system or whatnot. There are some withdrawal issues as well that I read in the forum and news and because of it, I decided to transfer to another exchange. I can observe that the platform has still a large trading volume so I think many do still trust the site.
880  Economy / Economics / Re: Easiest way to make BTC? on: November 18, 2017, 04:02:31 AM
Bitcoin is not that easy to claim. With fauceting ( the easiest way) you still have to claim until it reaches to the minimum pay. And one more thing maybe that website is a scam and it maybe won't pay you.

With bitcoin having a large value nowadays, it would be hard to find an "Easy" way to have it. There are many faucets that are paying and I started claiming from it when I didn't know about this forum yet but after I knew the potential earnings I can earn in here then I just stop claiming from faucets. I don't even know if faucets are that profitable anymore for the owners but if it is there then maybe it is profitable. I know that there is no skill needed in faucet but time is still valuable and the time I spend here in the forum is worth it because aside from earning, I learn valuable things that can be use in my future endeavors.
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