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8961  Economy / Economics / Re: Passive Income on: March 22, 2017, 01:27:56 PM
I think making a video and uploading it to youtube will provide a nice passive income you just need to make a good video topic and do a little editing earning from adsense its the best passife income

I did that once. I thought it is as easy like that. But getting supports is the hard part here.
I even told my friends to tell to friend of a friend and some other relative to view the video.
But it is still not working I think it needs help with some group in facebook to make it really work.
8962  Economy / Speculation / Re: Bitcoin dropping like a stone on: March 22, 2017, 04:33:24 AM
Any idea hy bitcoin is dropping so fast? Last night i was expecting it to go back up a little so i could take some money out of it and put it in ETH, but now i'd sell with a significant loss. What made it drop?
Bitcoin dropped because of the FUD that was spread about a possible hard fork coming, things seems to have calmed down a little and the price has recovered some of the lost ground on the past few days, so that was a good opportunity to earn money, hope you got advantage of it.

It's all about the rogercoin and right now the price of bitcoin seems to be pumping up again. It's time to buy back now and hold now. Good thing that I didn't did panic selling, too bad for those people that sold a lot of their coins under $1k  Grin too bad for them, they are now regretting it for sure. Keep HODLING now people.

The least it will give them is some lesson that we should stay calm even with this instances.
Now, they will know what to do even if there will be news about this and that and some more fake ones that are just trying to make them dump.
Bitcoin will always be not predictable, the best way we could do is have faith that others will also hold or just buy to make a good pump.
8963  Bitcoin / Bitcoin Discussion / Re: What were your experiences with Bitcoin when you first started? on: March 21, 2017, 02:46:23 PM
I guess we have the same knowledge at first with the OP.
I thought bitcoin was just a payment processing way at start.
I just did happen to bump at it because I needed to buy something at steam and there is this kind of payment. Want to try something new so I grabbed it.
A friend of mine have some bitcoin and said that he will pass me some just so I could try it.
Then after that I just learned that it could be a good investment.
8964  Economy / Speculation / Re: The rush to sell is real on: March 21, 2017, 01:36:38 PM
Nope. Not going crazy about it.
Actually I can still sleep soundly even if it dives at $900.
This happenings always occur with BTC as I have seen it. It is not something new that we should be panicking about.
We will just make it worse when we do go with the wave of panic sellers.
8965  Economy / Trading Discussion / Re: What is the best way to cashout your bitcoin now? on: March 21, 2017, 09:05:43 AM
For now it is just localbitcoin where I can sell my precious coins i I really need.
But I just do like 3 months or so just when i needed some spare money.
That is one sure hell of a problem in my place for those who wants their bitcoin sold in an instant.
Some ways in localbitcoin also needed a bank account. What if the user dont have one.
8966  Economy / Gambling discussion / Re: If today was your last day, would you gamble everything? on: March 21, 2017, 08:10:27 AM
There is so much else to do rather than gamble on your last day.
If you have the money to gamble why not use it for a better one.
Like for giving the last meal for those who cant eat or maybe joining them.
Money wont be helpful on that day anymore so better forget it.
There will be no fun to gamble at that time when your mind is clouded by the thought of you dying.
8967  Economy / Trading Discussion / Re: Day trading on: March 21, 2017, 04:11:07 AM
In altcoin trading,is day trading profitable or trading on a long term basis?
There is profit but not that much. A week maybe would be sufficient.
The risk of losing all your money will come with long term basis so you better always check what is happening with one altcoin.
They come and go and that is why short term is the good idea for making a good money.
Just one advice. Don't buy too much. Just test it first and try to get used to what this altcoins are made of or how they work.
8968  Economy / Trading Discussion / Re: When do you plan to sell? on: March 20, 2017, 05:03:29 PM
I am not selling anything for now.
I just want it to stay as bitcoin and wait for a big pump again.
I have been doing altcoin researching since the dump came just to make profit on other ways.
I am thinking of investing it to other coins so I wont think much about the low price. I think NEM is in really good shape now and I am considering to buy some.
We should wait and hold or make money out of our bitcoin. Since in crypto currency it is still valuable unlike exchanging it to USD.
8969  Economy / Speculation / Re: Bitcoin dropping like a stone on: March 20, 2017, 02:00:55 PM
You should get used to it and more might come with big waves.
Too much news about negativity of bitcoin is spreading specially about the transaction time and the transaction fees.
This will be a hard year for bitcoin. Now it is getting more attention at the time it hit $1200 mark.
There is the ETF thing also which users thought is the real reason. Made them panic.
8970  Economy / Trading Discussion / Re: Investing/Trading Bitcoin on: March 20, 2017, 09:38:23 AM
You already download Bitcoin Core and that is your safest way.
For Coinbase you could use it as an alternative or if you are trying to trade bitcoin to dollar and vice versa.
You might want also to broaden the heights to that trading thing.
It is not just bitcoin that is a crypto currency although others might be risky.
You will just have to be knowledgeable about how they work and I am sure you will be fine.
Try poloniex as a trading website. You could also try to invest with gambling website, there is some profit in it.
8971  Economy / Economics / Re: Bitcoin price is recovering! on: March 20, 2017, 08:29:42 AM
Good news dude !
Bitcoin price is recovering little by little .
From 950 $ some hours ago to 1066$ now !
Buy now till it's under 1100$.
 https://blockchain.info/markets

I guess a lot of users are buying now that will cause a pump.
If they see more of this price increasing buyers will continue it until it reaches its peak again.
Been waiting for this and I hope now it settles at $1200.
Time to add up some more bitcoin for a better profit.
8972  Economy / Trading Discussion / Re: How to know about next pump? on: March 20, 2017, 03:59:25 AM
Predictions with bitcoin's next bump is simply impossible. Because very few makes a prediction that's somehow realistic, others just make something similar to dreaming. I believe to experience the next bump we need to hold long as the price haven't got stabilized.

Yes, it is all just their opinions. No one can really predict anything about this investment like commodities also.
Somehow we just have to get our own point of view to what might happen.
That is why it is always a risk when it comes to investment.
We could get information with the legit ones but we should never take it seriously. Somehow, it should just be points to whatever could happen. In the end, it is your money so better make your own decision.
8973  Bitcoin / Bitcoin Discussion / Re: Do you think the transaction fee will kill bitcoin? on: March 20, 2017, 02:09:51 AM
I never had really bothered about transactions fees as coinbase.com was not charging any for the same. But suddenly coinbase.com has announced it will be charging a transaction fees, for accounts different than than coinbase.com. Definitely this will kill the interest for many users like me, who were not charged the transaction fees. As of now the only way to beat is to. Make sure that I trade with a coinbase.com user to save on the fees but not all use that. I think this will effect the use of Bitcoin users.

It is simply a reason to pull more users into making accounts thru then and using their servuces.
That is a good marketing strategy to make more funds or for a larger profit. Hands down to the marketing specialists of coinbase.
But for some reason I doubt that will happen. Many users have been using different wallets for their proection or in case one is down.
8974  Bitcoin / Bitcoin Discussion / Re: If no one spends bitcoin what might happen? on: March 19, 2017, 06:18:38 PM
I think for now there will be just a little effect if no one spends it.
A lot of bitcoin users that I have talked to are encouraging to hold it more and be patient about the price.
I think they want to minimize the amount that could be bought to make it more rare. Just like other items.
That is a good plan but will it really work. I think we cant force others if they do want to use bitcoin as something else.
8975  Economy / Economics / Re: panic selling on: March 19, 2017, 04:43:07 PM
Its a strategy followed by big whales to mislead newbies.Usually newbies become prey to these predator big whales and sell off all of their bitcoins.Whales buy all tose bitcoins at much cheaper price and when the market begins to recover after some time,bitcoin price once again rises and newbies have to regret for their decision.

Very true. Since they can make discussions that would make new bitcoin users to somehow think that it could be true.
Just a little pay there and that then spread the news which would make it look like a legitimate one.
They can make even more profit than what they pay for.
Just causing a little panic will be worth the pay
8976  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin money? on: March 18, 2017, 02:04:42 PM
Anything that can be used to buy and sell transactions certainly we can equate with money, bitcoin is money because a lot and be accepted to buy anything and many people collect it.

very precisely. Because money is a tool used to change something with the product, goods or services we want. So if there is something that can be exchanged by the service, product, and then it can be equated with money, so bitcoin is money and every money has its benefits. Bitcoin is a currency which is very superior in all respects, so that lucky those that use and believe in the bitcoin.Much better investment if you want to get an advantage in the bitcoin
 
 

Yes. They made money to make the rrades easier and faster so everything that can be traded is supposed to be money.
I think before there is hard time on how to equal things with poultry trades or vegetables so they made gold coins to make it convenient.
So if bitcoin does that it is almost the same with those gold coins or now we call money.
And i bought it with fiat so there is a value for it right?
8977  Economy / Economics / Re: Big Message in A Small Package on: March 18, 2017, 07:49:20 AM
Yeah that seems to happen a lot before.
Fighting against those who are in power will make you regret it some time.
It happens with investments too.
I think the film "The Big Short" can tell that also.
Nerds that are trying to fight against the housing bubble that there is a hole in it but nobody believes them and they all just laugh at them. Just a few believed and look what happened. If only they listened then it might be saved but no. They thought the investor against it will just lose because of the power that it had.
After all the people who invested against it win but with a sad face because of the collapse.
8978  Economy / Economics / Re: How much are you willing to pay in fees for a Bitcoin transaction? on: March 18, 2017, 04:21:18 AM
These days, I always tell myself to use at most .0004 in fees (simple:1input1output tx).
And to forego the 220-260/byte suggested.
Especially since I'm not in a hurry and could afford to wait for several hours. But,

I fail more often than not because I always end up opting to have it confirmed within minutes. [sigh]
(I guess I'd rather have the funds nice and confirmed in my account than waiting for who knows how long exactly.  Embarrassed)

Anyway, I absolutely do not want to pay over $1 in fees for everyday transactions.

If it was a transaction worth several hundreds/thousands of dollars, then yeah, $1-$3 would be okay just so I'd have it in my hands ASAP.
(Yeah yeah it's not about the worth but the size of the transaction.  Grin [sheesh] but still.)

So, voted for .1 USD ideally, but the occasional $1 would be okay as well. ($1 is not a bottle of water. That's a 1.5 liter of Coke  Grin)


Correct. I do think that is the reason also for me to pay much.
If it is large number of money that we are talking about then I would gladly pay the right amount also for the faster transaction.
It would still be better than Moneygram services which transaction fees are getting higher once the amount you are sending are also getting up.
A dollar per $1000 is not going to hurt compare to those money transfer services.
8979  Economy / Gambling discussion / Re: Planned or impulsive gambling? on: March 17, 2017, 06:55:29 PM
I just know it wasn't planned everytime I do it.
I just go to the website and think about trying to double my money and that's it.
Maybe some do it in a plan because they have jobs to do and they do it after job for relaxation.
Gambling can somehow make you feel at ease whenever your stress out. just the excitement of winning can make you feel good.
8980  Bitcoin / Bitcoin Discussion / Re: Cup of Coffee on: March 17, 2017, 05:34:21 PM
Funny  Grin
He is mad with pizza and yet he supports the coffee thing.
Maybe this guy is a coffee person.
What is the problem with pizza? Both of them are served hot.  Grin
If I have the right amount of bitcoin then why not. I would really love to buy that coffee shop and make an option for bitcoin payment.
But still, the problem would be the long time waiting of bitcoin transaction. You could sit at my shop for hours just by waiting.  Grin
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