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9901  Economy / Trading Discussion / Re: How to know about next pump? on: March 24, 2017, 01:37:27 AM
There are services sending signals when something interesting is happen at the market, when the price is changing.
I had experiences of subscribing third party paid trading call providers. Nobody will be perfect than what I could research markets for myself. Depending upon someone else for our trading purposes seemed somewhat logically not right as why they need to sell recommendations when they themselves could make use of those calls.

You can set it to send you email signs with an alarm, something that call your attention when the pump is starting.
Setting up notification methods not a big concern but finding the right time of change of market movements and market directions will be the required things we need to concentrate. Many simple tools are available to notify us.

I believe we will see a new pump only when this issue with hardfork finishes.
I do not think so. We can have another rally anytime soon. I strongly believe our community will not get split. Some good conclusion is going to happen hence obviously we are going to experience very good pump very soon.
9902  Economy / Trading Discussion / Re: Day trading on: March 23, 2017, 11:45:48 PM
In altcoin trading,is day trading profitable or trading on a long term basis?

I would go for day trading amigo! Especially when you do margin trading... long term is also great however the money's potential was not maximized.
But in the end, its your call... do not do day trade if you have a day job.

I agree day trading maximized the earning potential.  Though we need to focus on it and stay on check with the trades and price.  Though if you are earning more than your day job, what is the reason to keep the day job lol.  But I agree, do not day trade if you have something that occupies many hours of your day.
There are more lot of misinterpretations on day trading, we might need more hours to make successful ourselves with day trading. Literally we may need 30+ hours to have successful strategies with day trading as it might need intensive studies and analysis. That is the reason, for regular job holders it is not at all recommended.

I'm not joking our all 24 hours will not be enough to have sufficient analysis for day trading, either you need to buy call from third party or you need to spend long hours for technical analysis.
9903  Economy / Economics / Re: How can we make more money? on: March 23, 2017, 06:15:29 PM
If you want to be succeed in trading, i think the first thing you must have is "information" . The earlier you get information , the more you can earn from buying and selling coin, nothing special but not much people can have those "value informations". Or you can find some professional about coins to give you the predicts. Good Luck !
That is a brilliant information. I agree that we must have information in order to succeed in trading. I have seen many people who become rich thanks to this activity and most of them know how when to buy and when to sell coins. Well, hard work will bring success. Spend more and more time to learn about trading and you can be as rich as they are
Honestly telling you mate that those information cannot help you at all because you see most of the coins ( talking of alt coins trading ) are just pump and dump and hence you cannot really determine when comes the pump.

The worst is with ICO sort of coins because its pretty clear that if a team is starting their project with asking money then how it can go big ? Though that been said there are really some coins that have serious plans with that money, but very few really those type of coins.
9904  Bitcoin / Bitcoin Discussion / Re: Bitcoin as primary currency in Norway on: March 23, 2017, 02:04:35 PM
This is one of the best news I have read today. Now just out of sheer curiosity, since Bitcoin is anonymous, can this happen: Mr x a person of other country purchases, Bitcoins and transfers to Mr Y who is a resident there and if he purchases it, will the transaction be yet legal. As Bitcoins cannot be traced back. I like the move, but wanted to know if it leads to such issue won't Bitcoin suffer a negative impact. Plus won't the local bodies and agencies suffer as they won't receive any tax from the sale.
Bitcoin’s nature or say the core of it makes it impossible to identify its owner means you can steal someone else’s private key and they can’t do anything about it, and the anonymity behind bitcoin may provide the perfect cover and the best way for fraud and money laundry and other illegal financial transactions but that is what is happening with fiat and people always find a way to cover their traces so there is no fear about bitcoin’s reputation.

Now the reason why I think bitcoin is popular in Norway is because in Norway they have to pay a ridicules tax on revenue which is 16% or so and using bitcoin as an income makes them avoid paying it, but I think making a law against receiving fund from unknow sources may break down this idea.
9905  Economy / Economics / Re: How much are you willing to pay in fees for a Bitcoin transaction? on: March 23, 2017, 01:46:12 PM
Nothing more than 0.01 BTC; people should stop the monetization of Bitcoin transactions because the enticing factor that drew some of us into Bitcoin is the low transaction fees but it seems the trend is Changing and its worrying.
Yeah, not more than 0.01BTC because if that happen, it will become worst than a bank.  But I think it won't gonna happen perhaps. But I'm okay for 0.001BTC per transaction I think that would not much hurt so badly. Embarrassed

Worst than bank? I do not think that bank offer that huge, in my country it will be around 0.005 or lower so I think it will not possible that the transaction fee will cost that high. For me the transaction will be around 0.01-0.1% from your withdraw amount. This must be fair enough for everyone
Paying extra fees for the transaction is optional it is not like they force you pay them in order to receive your transaction, fees are processed and received by miners, senders decide to pay predefined fee rate to make their transaction be on top of the list and be received faster otherwise it is set to default which will make your transaction slower and that is actually what miners want they want you to pay more fees so they make more money.
9906  Economy / Economics / Re: crypto is the future, make money of it on: March 23, 2017, 12:25:15 PM
I agree cryto will be future money, but it will take a long time before you can be rich with crypto, we need more user to boost the popularity and we need more transaction using crypto to boost the price, so we still need a lot of time to get rich with crypto
Yes, it is true that crypto has a good future in terms of giving opportunity to anyone to earn money online. For now if you buy some of the potentials altcoin then hold 2 to 3 years from now you can have savings by that time for sure. So keep on trying to learn more about in crypto. Like try to learn or search the potential coins whihc can give you a chance to make you become rich some day in coinmarketcap.com

Crypto is really risk thing to save like for years. And I do not understand about how to buy potential altcoin like you said, we can't judge it just by see the track and what they planning about. All is depends on the pumper which is we never know when they are going to pump. We will get higher multiplier of course of we choose it right, the problem here is how to choose the right one
Yes, except bitcoin, we could not depend on any other crypto currencies in long term. Almost every altcoin is subject to get dumped at any time unlike bitcoin investments.

I'm not believing in to the general term "crypto", yes I believe only in bitcoins. Investing into bitcoin for long term basis will be safer and hence suggested by many veteran investment advisers too. We cannot believe into altcoins as like we can see two years back what were famous and see are leading the market now.
While the cryptocurrency overall may be an interesting and also a profitable way to make money but this comes with bigger risk, but there is no risk there is no gain, and bitcoin is the least risky between all the cryptocurrencies, unlike the altcoin bitcoin proves to have a more stabilized price and investing in it for a long time is a sure profit.

Honestly I am not agreeing with most of the altcoins, they might get dumped at any time. For a better future, we must choose only bitcoins because some people do say bitcoin is the only currency and all other altcoins are just applications.
9907  Economy / Gambling discussion / Re: Planned or impulsive gambling? on: March 22, 2017, 03:48:15 PM
When I go for gambling just for entertainment then how I can schedule for my gambling ?
Only whenever I need and I feel to gamble, I will go for it. I'm not seeing any dangers in this is, I believe I will not look for going gambling more often.

So far, with this I am not finding any wrong with my impulsive gambling habits. My entertainment should be available for me when I need and it should not be like my routine job.
One friendly advice, you are sounding like you are tentative so that you will get addictive. I appreciate you are not gambling often, still do not find your all the entertainments only from gambling. Go for gambling with both scheduled as well impulsive.

As long as you are not frequenting you can stay safe. Otherwise, in quick time itself you may find yourself addicted to gambling because you start looking for your entertainment full day long. Because it is human nature, we prefer entertainment over our commitments.
9908  Economy / Economics / Re: Would a global disaster increase or decrease the Bitcoin value ? on: March 18, 2017, 11:55:29 AM
Since bitcoin and other crypto currencies are already in demand. When a global disaster hits the Earth and most of the networks are being interrupted by it.

The value of bitcoin will be decreasing because those people that are affected of disaster will sell it immediately on the fastest way they can.

And that way is by selling it low in exchange of cash.
When people need money, they will usually look for their investments and more particularly in the times of emergency we cannot expect ourselves to look for good prices to get cash. But I doubt there will be any possibilities of world wide disasters to make bitcoin kind of electronic based system to collapse because just a dump from one part of world will not impact bitcoin in long run basis.

Significantly we need to worry about bitcoins on world wide event as survival of human itself will be a very big questions in that times. These may seem imaginary and in some degree complete meaningless too. But we need to get ready for any unexpected emergencies too. So that we can protect something the level we could.
9909  Economy / Economics / Re: Do You Think They’ll Use the US Dollar on Mars? on: March 18, 2017, 10:50:27 AM
I think $ would become digital and it would be just like bitcoin but only, the government would be controlling it.

This is a possibility Cheesy and this will be used instead, regulated, controlled and governed by US of A.  Bitcoin if used will have lots of controversies due to its decentralized network and of course the control and regulation.  Probably bitcoin will be an alternative if it gets lucky.
No bitcoin is going to be irresistible option for the people who are going to immigrate into Mars. This is because by the time, people are finding them selves travel ready to Mars, bitcoin would have reached the levels of main stream adoptions. Probably, human may forget to use dollars and will use only bitcoins for every need.

This may seem as a well decorated joke but we need to accept the realistic of how long human may take to travel to Mars as immigrant and development and adoption growth of bitcoin at those times.

I am not thinking that dollars will go Mars.
9910  Economy / Gambling discussion / Re: ANY STRATEGY TO WIN IN GAMBLING? on: March 18, 2017, 05:33:05 AM
Luck is the most important requirement for you to win in gambling, 99 percent luck and one percent faith. If you don't want to depend your winnings on it then choose the other games that uses skills. Play with your intelligence, it will work on logic or analyzed-based games.
Yes, it is 99% luck and 1% brain rather than faith because faith is nothing rally in gambling, faith is good in trading but in gambling faith won't ever help you out. The best strategy I have myself ever tried is to bet on sports betting around $10 daily with low odds like 1.5 and hence winning $5 easily, like you asked how to win $5 daily.

If you want a sure winning look for a good game where you can really use your strategy of thinking and skills.
Then we need to look for only sports betting as there only we will be having the possibility of using our strategy and skills. Gambling games are just a test for our luck, hence no room for applying strategies.
9911  Economy / Gambling discussion / Re: Gambling and Supertition on: March 17, 2017, 06:37:42 PM
how we cannot be sure about our luck same way we cannot be sure about superstitions will work all the times. But people to believe on superstitions will maximize the possibility of being lucky that is the reason they are following superstitions and they are pushing their luck to come and work for them to find profits in gambling. Not just in gambling I believe people are using superstitions everywhere.
That is right to say, people are following superstitions everywhere so they just come as per your point why not for gambling also ?

When gambling is all about luck then superstition is a method of finding our lucky day, why not we use superstition to make a day as a lucky day. Similar to luck factor, people switching over to different superstitions every day when they are not finding one of their beliefs is not working.
Being superstitious is actually very dangerous in gambling field because people just become too lazy and they bet on those predictions given by people.

Being superstitious is of two kinds two like one is before I make a bet I will just pray to god, which is not bad at all, while one is that before I bet I will give one third of money to donation which as it does sounds is horrendous. Don't laugh guys I have seen some people who pay some "astrologers" like 10% of their earnings they make in an year.
9912  Economy / Gambling discussion / Re: Planned or impulsive gambling? on: March 17, 2017, 06:23:13 PM
Hi guys!
I was always curious if the most of the gamblers have "scheduled" their gambling time or you just go gambling whenever you're in the mood.
What about you? Is there any specific time you gamble? Week(ends) days? Or just randomly spread ?
Let us know Wink
I always suggest to have a impulsive or on the spot strategic sort of gambling because planned gambling would make it boring, I mean suppose you made a strategy that today I will reach 0.01 and then stop, maybe if you feel at 0.005 that I should now stop or go for a big one, that's actually better.

And talking about when we gamble, mostly I gamble on weekends and Sundays to say the least. Sometimes we have a friends party between us and then we don't really see the time.

By the way I am trying to leave this addiction so limiting much more else I was almost a regular gambler.
9913  Bitcoin / Mining speculation / Re: BitMain: S10 soon (or maybe S11)? on: March 17, 2017, 06:10:24 PM
Looks like they will be having upgraded model of L3 soon. 2xL3 basically 4 hashboards, but at bit lower price than 2 units.
I must say I never had seen the L3 in the online shop...
Because they seem incredibly profitable. Since there are no powerful miners in altcoin mining business like bitcoin these are one of the best by the looks of it.

I never used myself so I cannot say anything personally but that is just why people buy it and its always out of stock. It would be wack to find one and purchase it but it gets sold in bulk to some high buyers I assume.
9914  Bitcoin / Mining speculation / Re: Should I invest? on: March 17, 2017, 05:57:11 PM
Invest in GPU's,you can sell em for almost what bought em for,unlike ASICs all ways drop as diff increases.....& diff will all ways increase  Roll Eyes

Build a 4 card rig & mine altcoins,forget BTC mining it belongs to the large mining corps now Sad
This. Definitely this. If you are looking for a shorter and more rewarding way you should buy rigs and mine with them for altcoins.

Specially new altcoins that comes out of the market. Then you can be one of the first ones to mine it and get in early and get out early. There were multiple coin pools where they mine the most profitable one and if you use your rig there you will make decent amount money. You can resell the rig as well.
9915  Bitcoin / Mining speculation / Re: Is Bitcoin Mining still profitable? on: March 17, 2017, 05:46:11 PM
The things that makes bitcoin mining unprofitable is also how much it will take for you to stay profitable, I mean you can make $700 per month with it but for how long? It will keep decreasing every single day and one day it will hit zero.

Will you be able to recover your investment until than? Will you make enough to say it was a good investment? That is the hard question that no one knows.
9916  Bitcoin / Mining speculation / Re: in the era of half day bitcoin mining in what way the most profitable? on: March 17, 2017, 05:34:41 PM
Electricity cost is one thing that people consider while mining but even on free places it started to be so long to get ROI that some miners do not make anything with free electricity.

I mean you still have to buy a mining equipment that usually costs between $15k$ to $30k to make a decent living out of it. You won’t be able to make that much investments to begin with, let alone electricity and green mining.
9917  Economy / Trading Discussion / Re: did you place all your funds into bitcoin? on: March 17, 2017, 05:20:23 PM
everything which gives you profit will come with risk and we need to play smart especially when it comes to bitcoin as investing your entire funds in bitcoin will be very risky if you are not well aware of the market situation and one needs to have patience when it comes to price trend nbecause most of us end up selling bitcoin once there is a price drop.
But I do find bitcoin investments would be an exceptional due to its basic concepts of having huge prices in near future. I mean to say bitcoin might be having a rapid fluctuations time to time but at the end of the day definitely we will be having huge prices for bitcoins and hence investments into bitcoin will be always secured in my view.

It will be smart to invest 1/4th of the fund
Similarly I will prefer to go with 3/4 or even 3.8/4 into bitcoins because in present days I could not find any other better and safer opportunities than bitcoins. Gold may be another option but its returns are very less.
9918  Economy / Trading Discussion / Re: How is trading *not* gambling? on: March 17, 2017, 04:50:47 PM
certainly there is a big difference between gambling with trades. I think a trade is a job that requires 80% accurate analysis, so we need a high precision. while gambling is a game that relies on luck, for me 80% of luck is needed to win a gambling game. concluded the gambling and trading are different things.

I can agree with your skill/luck percentage when it comes to trading, but not per se with how you see gambling. It highly depend on what game you are playing. In some cases like poker it's also the understanding of the game that gains you an advantage, but in general gambling is just gambling. Slots, dice, roulette, etc. These are games that require you to have the full 100% of luck -- zero skills are involved here.
Actually the term gambling has been derived from trading or vice versa. Because trading means that you are waiting for your decision to pay off while in gambling also you do the same. There is not much visible difference though the best of the two right now is trading not because its more profitable rather more because it does not make you addict towards it.

Anyone starting trading just now, please take my advice and stick with price trading for now ( bitcoins price trading ) and get involved in alt coins trading when you feel you can take some risks.
9919  Economy / Trading Discussion / Re: you need to overcome your fear of losing money on: March 17, 2017, 03:08:42 PM
Good trader or investor can overcome lose of money easily especially when it not that big
You mean traders do not need to worry about loss of their capital when their capital is relatively small ?
But people go for capital amount depending upon their potential, so lose of small capital also will make them worried.

Only when you are confident about your trading strategy you can overcome fear of loss because your trading strategy is the key for your success in trading.
Whatever is your bankroll you must never consider it low or worth to risk because once you get such thoughts you will be almost like gambling with your money, even if you start your trading with 0.10 bitcoins you must value their worth and each and ever investment you make with them into altcoins should be made by keeping in mind that I have to sell them at a higher price at any situation.

No fear would mean that you will say let the 0.1 bitcoins worth altcoins turn into 100 bitcoins then I will sell.
9920  Economy / Trading Discussion / Re: Investing/Trading Bitcoin on: March 17, 2017, 02:42:17 PM
-As of now, what I would like to ask is that, when investing in Bitcoin, is it a good time to buy in now or should I wait for the price to drop?
-Is there any other reliable website for me to buy Bitcoin( Singapore) or should I just stick with Coinbase? Because I saw some issues with Coinbase claiming that its a fraud.
-When selling, how much higher should I sell to cover up the transaction/processing fee?
-Is it a must to have at least 1 BTC for trading/investing, or I could have like 0.015BTC and hold them till the price rise?
Acting right now is the victoroius formula for bitcoin investments so do not wait for prices to drop. Just start investing into bitcoin but not with all the investments you planned up but try to buy with 25% of your total investment. And wait for some time and then by for another 25%. (This way, you get better average buying prices).

You can buy bitcoins in Singapore by meeting your local people. Not necessarily you need to buy from an exchange. Refer google for how to buy bitcoins from your local people and how securely doing it.

Investing bitcoin must be a long-term process, so it cannot decided now itself you can start with 1 btc or 15 mBTC. My suggestions would be keep buying bitcoins whenever you have some surplus cash. And do not target price levels just to hold bitcoin as long as you will be able to. Definitely you can find magics with bitcoin investments.
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