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961  Economy / Trading Discussion / Re: What if everyone withdrew their coin in fiat? on: November 16, 2017, 07:34:49 AM
It will not have an effect on Bitcoins' supply because the supply of Bitcoins will just be the same. Imagine a gold being converted to fiat. The gold supply is still there and in fact remains the same. Just that you have fiat in exchange for value of the gold you once held.
We are even the ones that fixed the value based on how we have perceived it and as long as bitcoin remains valuable and useful, there is no way everyone would want to dump what they are holding. Even if at all we have only one person buying and decide to buy everything from everyone's hand in the world, bitcoin will still have a value for him. But really, this is something that cannot happen, so it is really not worth imagining.

this will really affect the sharp decline in prices, this process is long and just seems to be an outrageous one Smiley
It is really something that cannot happen. Unless bitcoin becomes extremely worthless that no one is willing to buy is when we will see such crazy dump. Even if everyone decides to drop all they have, we have to understand that it is at least one person that is buying all of them, so at the end, everyone cannot dump their bitcoin for fiat.
This is only possible if the price of bitcoins gets to the lowest value. Actually as far as the present situation is concerned the use of bitcoins has taken over the market either it is in terms of investments, sharing and the use of digital assets for the transaction of money.

We cannot say with surety that what would be the future of digital currencies but yes it is not possible in near future that whole of the coins would get converted into the fiats.
962  Economy / Trading Discussion / Re: Don't Spend Too Much Time Trading? is that true? on: November 16, 2017, 06:55:25 AM
i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. Cry
what is your opinion?

If you ask me, nothing is wrong with spending time in trading. Wouldn’t you rather spend your time to a meaningless purpose? So, spending time in trading is good and could potentially make one richer.
You are not able to make the right decisions at the right item and this is because of the other reason that you spend too much of the time you have in hand just for the sake of trading. It is sometimes regarded as a method of practiced guessing and the way you have adapted  for trading is really causing you a lot of stress and anxiety.

Therefore I suggest you to stop at once and be calm man. You could earn a lot in this way as the first thing needed is the relaxation of mind so that you could just your mental abilities well.
963  Economy / Trading Discussion / Re: Investing all my savings! on: November 16, 2017, 06:24:43 AM
As much as I love bitcoin and Alt coins, it's really a bad Idea investing all you have including your savings. The volatile market of crypto is really something you might consider before going all in, never let emotion affect your investment decision. You might be hype by the price of bitcoin and crypto rallying up and decided to go all in to gain more profit, I'm afraid you will lose a big chunk of your savings . Just invest what you can afford to lose mate.
No it is not the way I think at all. Actually being rich or poor entirely depends upon the skills and in some cases the luck of a person .Trading could be related directly with the experience of a person that how much is well acknowledged about the methods of buying in low and selling at high prices.

If someone has set the deal right, he could actually earn a lot of profit in this way. As far as the long and the short term methods are concerned, short term is only effective for those who are not the beginners.
964  Economy / Marketplace / Re: Which goods on: November 15, 2017, 08:23:20 AM
I want to buy a collectible physical bitcoin but only those that are not expensive. I've seen sellers who sell those but it's too expensive for me. I hope there are smaller ones and also cheaper.
I don’t know, but this your comment really sounds crazy when I read them. Bruh, seriously, you mean you want to buy physical Bitcoin? Lmao, what is that?And where on Earth did you see sellers that are selling physical Bitcoin? This is quite funny, you even went ahead to say that it’s expensive , are you sure that you are not being tricked into buying a fake stuff, because bitcoin has no physical, it is a digital currency.
965  Economy / Marketplace / Re: Paying with Btcoin on: November 15, 2017, 07:23:52 AM
I think you can find out a lot of training courses on the internet but to find out a training course that accept Bitcoin for payment it'll be really difficult cause Bitcoin is not legalized worldwide but if it's legalized in your country already it'll much easier for you and you can use Bitcoin to pay for anything you want Wink
Agreed! There is no way that state will interfere into this kind of stuff until and unless they declare bitcoin as legal currency. As far as paying with bitcoin is concerned, I think of this idea as really a great idea. It is because of the reason that it will help the owners of bitcoin to use their bitcoins anywhere in the world. This will also eliminate the need of having paper money in your wallets.
966  Economy / Trading Discussion / Re: Practice trading on: November 15, 2017, 06:51:13 AM
Dive in and get started. I know of no training or practice sites or apps. Start small and know that everyone messes somethings up in the beginning. Maybe start with Doge, as that will give you access to using more manageable numbers without dropping too much cash.
Learn the terms on the exchanges and what they mean, watch the fees as they can kill you and never play with money that you cannot literally throw out the window.
One could only be a master in terms of trading if he has actual knowledge about the whole game .the buying and sharing of the profits is not an easy task at all and hence it requires you to get some real experiences through practical applications.

It is good to collect knowledge through various online tutorials but trust me, you will get into the expertise level only when you would actually trade in terms of money. So what I just want to say is that practicality is the real way of practicing trading.
967  Economy / Economics / Re: Government & Bitcoin on: November 15, 2017, 05:42:34 AM
In order to start business in any country bitcoin should get permission of the government of that country. Many government accept bitcoin as a legal thing in their country, where as many government declared bitcoin is illegal. US government sell over 44000 bitcoin. Iranian government preparing for bitcoin use inside the country and in many countries this step has already been taken. China, Bangladesh, Ecuador like many countries declared bitcoin as illegal thing in their country due to some reason. One of the main reason is that bitcoin doesn't pay tax and transition through it doesn't under control of government. 
And what you think why these governments are not legalizing bitcoin. There is only one reason that you have just shared here.

These are mafias and they want everything under their control. They want to corrupt the money and earn commissions from every transactions government made. And bitcoin is not providing such facilities so they found it so easy to ban with no reasons.
968  Economy / Economics / Re: Is bitcoin now the strongest currency in the world? on: November 15, 2017, 05:10:50 AM
Nevertheless no. Bitcoin will be the strongest forex if the price is steady as gold and if the market capitalization of bitcoin surpasses gold. Effectively bitcoin can obtain this but not for now.May be in near future the place bitcoin is accepted by the governments all more than the world who understands when will bitcoin be the strongest forex in the planet

Maybe as of now, it is a little bit far from reality that bitcoin is the strongest currency in the world. It is because there are still some places of the world that would not accept bitcoin as one of the means of payment because they have negative impression about it. Or somehow, unaware of the increasing of the bitcoin price nowadays.
Bitcoin is the strongest currency in the present world. As it is considered to be improving towards the greater level of success in near future, the prices might rise again to a level of somewhat equal to 10 k dollars for a single bitcoin.

Hence it could be regarded as the strongest currency but there are some weak points to that hinders its stability such as being illegal, decentralized and non traceable are some factors that could cause it to lose its value as governmental support could get questioned upon these matters.
969  Bitcoin / Bitcoin Discussion / Re: crypto Currency is making people millionaires all over the world on: November 14, 2017, 08:07:43 AM
Bitcoin has made several millionaires as well making more people millionaires through the opportunities available for earning. Here people who have a better time management earn through day job for a sustained earning and give importance to bitcoin for making themselves millionaire.
yes that what bitcoin do and the main advantage of bitcoin that made people happy and give them a lot of profit thats why people also support bitcoin. a lot of people invest in bitcoin and after that they earn the profit of their work and thats why a lot of people become millionaire in bitcoin.
If we look at the present and the previous value of the bitcoin we will know the change In the bitcoin I hope the bitcoin will increase in the value and we will have the bright future with the bitcoin a lot of the people like me are aware of the bitcoin and they are now investing it does not matter either they are rich or they are poor but the bitcoin is increasing in the value of price I am sure the future of the bitcoin is very bright.
970  Economy / Trading Discussion / Re: Covesting - copy-trading platform on: November 14, 2017, 07:01:32 AM
Is this a platform for forex or bitcoin and altcoin trading? Never heard theres an exchange site with copy trading in Crypto position. If Covesting allows copying of crypto position then it might be a boom on its launch.


Covesting is an upcoming ICO. That's is going to be a copy-trading platform. As a trading discussion threat, we are interested to know from you as a trader what features do you want to see in this project?

It's for cryptocurrency only and you are right, it's going to be a boom! Wink
Since the time this concept of crypto currency was introduced to this world, we are experiencing lot more things happening around us. The way bitcoin and all other crypto currencies which are there in the world of crypto currency are making their name is a proof of this thing that they are going to have a very bright future. This idea of copy-trading platform is really a good idea and it will help the investors of bitcoin.
971  Economy / Economics / Re: Would a global disaster increase or decrease the Bitcoin value ? on: November 14, 2017, 05:25:57 AM
Hi ! First message here.

If a global disaster would happen on earth ( And I somehow don't wish it ) Would the value increase or decrease ?

I'm not talking about solar flares or EMP. But more like big wars or great natural disaster.

What are your opinions on the subject ?  Cheesy

if that happens I personally would not think of bitcoin anymore.
and will try to find my family and relatives who survived the disaster.
I think the bitcoin price will be worthless if it happens right.
You never know what is going to happen in the future. The thing is if something like this happens in the future, then I am afraid that there will be nothing left in this world. That global disaster will effect each and every one of us. The market price of bitcoin will for sure fall down in a significant manner. In fact, it will not be only bitcoin but almost everything will be effected at that time.
972  Economy / Economics / Re: Bitcoin price behind ethereum price value in the future! on: November 14, 2017, 04:54:36 AM
Never say never in crypto. It is possible that ETH can overtake BTC
Everyone has his own way of looking up at the things but I don’t think so that this is ever going to happen in the future even. The way bitcoin is making such a good reputation in the international market and the way its market price is increasing with each passing moment, I don’t really think so that we are going to experience such kind of thing even in the future.
973  Economy / Economics / Re: When is the right time to buy bitcoin ? on: November 14, 2017, 04:27:45 AM
now's the right time..should you got it this past year..it is ok and if you will purchase it the coming year..it's ok tooas we viewing regular increase in price i believe there isn't any wrong here we are at bitcoin atleast as we are seeing these days
If we look at the market price of bitcoin at the very present moment, then we’ll get to know that the market price of bitcoin is very much high and it has now reached up to value of 7500$. I don’t think so that this is really the right time for buying of bitcoins.

The best time to buy bitcoins is when the market prices are falling down. It will help you in having more number of bitcoins in less price.
974  Economy / Gambling discussion / Re: Would you play solo poker online ? on: November 13, 2017, 12:13:52 PM
I occasionally play poker online. But only fake money. All because I'm a bad poker player. Play for entertainment. Grin

Haha! It seems that you are both a player and the cleverest in the house as well. You are using fake money for the purpose of playing poker that is not productive in terms of winning money at all. You can keep up with the activity because it is a sort of fun for you indeed.

I would like you to visit the online sites that help you to play poker in solo so that you can get the skills in your head before you go for the actual casino where the  psychological pressure is much high.
975  Economy / Services / Re: BONPAY | Signature Campaign [2 weeks only] on: November 13, 2017, 11:39:17 AM
I am an old participant and I want to stay here. Thanks.
976  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ZGR-ICO] ZIGGER: A Project of Bitcoin Marketplace for localized Shopping on: November 12, 2017, 09:08:40 AM
Seems a interesting and successful project which will go to the moon soon. Buying and selling commodities with bitcoins is a good way to implement bitcoins in our day-to-day life. Accepting payments in bitcoins is a good idea as holding that amount for some more days can give us some more benefits as the price goes up. ZIGGER project will soon reach to a great height in future as it completes all our daily needs.  ZGR token will also increase the use of the cryptos and will also lead a successful future. ZGR will be used for daily needs and can be converted to fiat anytime so is a good way of investing there.
977  Economy / Trading Discussion / Re: Strategy for upcoming BTC fork? on: November 12, 2017, 07:41:57 AM
There is no basic strategy to use for such forks . The only thing I know so far is that you need to own as much btc as possible in your wallet of which you have the private key in order to get benefits of the fork.

Basically when Bitcoin splits we get an option to claim the same number of Bitcoins we own in the form of the new coin that was created after the split. Like if you own say 0.5 btc you get 0.5 bch as well at the time of split.

And about the fall of prices , they will definitely fall now but then there as estimates which say that Bitcoin has the potential to reach 50k USD by the end of 2k18. So it's better to just ignore the facts about the fork let it go with the flow.

Woooow 50k in the en 2k18??  Shocked Shocked Ive read somewhere that we finish this 2k17 with BTC at 10K... Hope you are right for the next year! Grin

Anyway... Someone knows if Bitfinex supports this fork? o I have to put my BTC in my electrum wallet or another? Thanks!
No man 20k must be achieved at the end of 2k17 and after that golden time will be started and 5ok will take so much time to come so wait for the desired prices to struck and then cash out your money and after that there will be profit everywhere and there will be no fork in the future because bitcoin is now unstoppable so wait and watch what is coming for you, you will feel blessed as well so see the market.
978  Economy / Trading Discussion / Re: What are best sources to learn trading on: November 12, 2017, 07:14:11 AM
The internet - so many websites, so many videos that show you so many stuff. Just google it and some interesting sites regarding trading will pop up.

There is a lot of material available on the internet and many youtube channels are made for the help of beginners through which one can easily learn a lot of things but the true learning will come when the things are practically implemented so on top of it those who are willing to invest into it they just have to do homework and after that stay in contact to the successful investor and get good guidance from them,
979  Economy / Economics / Re: Is trading just educated guessing? on: November 12, 2017, 06:47:21 AM
Can you really be sure you will profit unless you have insider info?

Yes, I think it can be considered as an hypothesis since traders and investors do not just hold, buy or sell bitcoins and every step that they do with their resources has an information or an experience backing up their confidence. A experience trader applies his hypothesis to increase a better chance of making a profit out of his or her capital. They rely on information around them that can affect the outcome of the market even just relying on your instincts still uses your understanding throughout the years of experience from the field of trading.
Yes for sure this is the only method implemented by many of us just for the sake of trading. Trading is a matter of mere hypothesis because you cannot predict the results with complete surety. It could become somewhat easy to figure out the situation well so as to confirm a greater chance of success when you have an experience of many years in this field.

Trading is termed as educated guessing because guess is not without any prior knowledge .it does requires you to grab the whole situation according to your knowledge and then set the bet right for achieving success.
980  Economy / Economics / Re: Future of Bitcoin Economics on: November 12, 2017, 06:23:49 AM
I think the future of bitcoin economics will be huge one that influence other economy of different countries. By the help of the people the bitcoin will be the great thing the have.
For sure it will be huge and the reason is why all the people are using the bitcoin and they are now buying the bitcoin at the low rate and they are saving the bitcoin for the long time I think this is the reason why all the bitcoin is being famous and this is the reason why a lot of the people will hold for the long time and I will buy the bitcoin at the low price and will sell at the new increased price I hope this is the real profit.
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