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1  Economy / Economics / Re: when you sell out of panic, you are contributing to the dump! on: September 01, 2018, 12:57:27 AM
Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that  when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!

I think yes you are becauseselling and and we all know that the price of the bitcoins depends on the volatility of it so for me the main cause of the huge fall after a huge fall it is because of the panic sellers because if you think of it the price are already falling but the people are still selling so that reqlly contributes the fall so next time you will have a patienceif the price falls and do not sell already wait for thr price rise again
2  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How long will bounty programs stay with us? on: August 30, 2018, 11:21:13 PM
As long as new projects and coins enter the cryptocurrency world, as well as this forum exists, Bounty programs will run. These new projects and old projects which wish to refine their strategies need the help of bounty hunters to spread the awareness across all over the globe.

I vant answer that thing though but i hope that up until I do not have a job yet they are still here because I am a student and bounty campaigns are somehow helping me in my financial situation. I say somehow because yhere are times that I am being a victim of a scam and that sucks because i am expecting a profit and exerting an effort but still no return instead of there is. But still I dont want them to be gone.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Waves Vs. Ethereum on: August 30, 2018, 01:20:46 PM
Does any one thinks that Ethereum can survive with the rising of Waves? I've heard that "Waves will be the next Ethereum"

Ethereum is much better for me. It is just for me because it is base on my experience since I have bought waves before and up until now I am not gaining any money but losing and still I am holding it but unlike ethereum the ethereum gives me a quick profit even if it is just a small one you can see that the price really changes and rises. So no hard feelings but for me ethereum is much better
4  Economy / Economics / Re: The value of bitcoin? on: August 30, 2018, 09:26:56 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.

You cannot control the value of the bitcoins alone it needs a lot of people at the same time in order to change the value like for example if you wanted the price to go up tou can never do it by yourself not unless you will buy a huge quantity which is way too impossible. So all you can do it just wait for the right moment for the bitcoins to rise again and then sell if you wanted to.
5  Economy / Economics / Re: popularity of bitcoin dictates demand, means more profit on: August 27, 2018, 01:02:53 PM
in my opinion, this is what happening right now as the trend of bitcoin price has been sky rocketing.  what do you think affects the price increase of bitcoin today?

It is more likely to be because the bitcoins popularity is really helping when it becomes to the increasing of price. Look what happen last year when the bitcoins became popular into the mainstream they reach almost 20k dollars in just months  lknowing that they are recently experiencing a fall right there when china bans the cryptocurrency. So that means people really contributes a lot especially popularity.
6  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When do you think the market will recover and get back on Green?? on: August 26, 2018, 12:29:04 PM
Hi everyone ,

It seems like everyhing turned into red and we don't know where the bottom is ... when this is gonna stop .. WHAT DO YOU THINK??

I think they cannot make it through this year or before the year ends just what almost all the people are thinking especially in bitcoins they are saying that they will beat the latest record before that year ends and be on the moon again but it seems like they are having a problem so I am not specting for the bitcoins to rise up and so as the altcoins they will be a stable right now wuth a little bit of rise.
7  Economy / Economics / Re: Simply predict the future of bitcoin on: August 26, 2018, 06:09:06 AM
According to the k-line of 2011-2017, the major bull markets are basically those that rise after a super rally and then go back a year to two years later.


When should the chance of tuen mun be this time?


Feel like there's a half-year down period?


While history will not simply repeat itself, shouldn't the bull market come so soon?


The ICO bubble is pretty bad.

In my prediction the bitcoins will have a bad year until this year but the next year I am sure that they will start to slowly rise again just like what they did last year. We all know that they are having a problem right now to climb up to the top because there are still people who talk bad things about them but i am sure the next couple of years they will rise again.
8  Economy / Economics / Re: Which Asian countries have the greatest influence on bitcoin? on: August 25, 2018, 06:26:39 AM


Countries with large amounts of virtual currency transactions such as China, Japan, Korean and India with the increasing trend of many brands continuing to expand their payment operations in Bitcoin, this currency will rise to a peak of $ 20,000 in 2017.
However, recent bad news from Asian countries Bitcoin price is going down very fast. Yesterday bitcoin price continues to fall deep down to 8,200$ and possibly more.
In particular, China and India have a great influence on the BTC currency because the number of bitcoin traders is huge

That is japan for sure because as I see them very active in this thing and they are very much accepting the cryptocurrency in their country mayne because they are the country who are not afraid to embrace the innovation they are not afraid to move forward to took risk in the new world. One thing also i think that the first one who create the cryptocurrency will be the Japanese since they are the most advance in technology in the whole world
9  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think of the cryptocurrency 3 years later? on: August 25, 2018, 02:12:58 AM
Three years later, what will be the mainstream cryptocurrency and market conditions?BTCBTCBTC

I think the cryptocurrency will be much more recognizable in the mainstream rather than they are today because right now they are starting to make move in the public so I assume that in the next 3 years they have accomplished that already and they have already regain their price especially those cryptocurrency who are having a hard time right now. So just be patient and everything will happen just the right ways dont be in a hurry
10  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Invest in altcoins today or maybe later? on: August 24, 2018, 12:10:41 PM
Base on what I observed,  since market turns red and I think this the best way to invest in altcoins because I’am positive enough it will go up sooner when bullrun hits the mark this bear months. Do you also plan to HODL coins for so long? Your ideas are pleasurably accepted and do you agree to invest now or maybe later?

Invest now always think that it it much better to invest when the price are much lower because you can buy them in a discounted price just like a sale for example. But of you do not have money then dont buy or dont invest because it us not appropriate if you lend money just to invest in these thing. So just buy whenever you have excess money then if you dont then wait
11  Economy / Economics / Re: Digital Money = Cashless Society on: August 23, 2018, 09:49:17 AM
It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.

Money earned from the internet is known as digital/electronic money. People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.

Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.

Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries" where money becomes digital/numbers.

Bitcoin is a part of digital money. How is digital money is your country ??

Of course most of the country will really switch into a cashless society if most of the people will vhoose it over a cash or a fiat. But then again there are some places around the world that will mo fully adapt this thing because not all of us are gonna like it and not all of us have a great technology so some of them will stay in cash or maybe co existing in each other.
12  Economy / Economics / Re: Starting With Nothing in Bitcoin on: August 22, 2018, 02:03:54 PM
To some,100-unit of bitcoin sounds like a big investment. To some,its a small investment.4 years ago, buying 100-unit of bitcoin was a small thing,but today is a huge investment and it's going to be higher in years to come. Below are some arguments on how one can start with nothing especially in cryto or digital currency system.

#1:Being born poor and financially uneducated does not mean you cannot become rich.very few people are born rich enough to buy 100-unit of bitcoin today. And no one is born smart enough to acquire, finance and manage 100-unit bitcoin by themselves.  In other words, not having any money or financial education isn't an excuse not to get started. Yet billions of people let the problem of not having money or enough education stop them from becoming rich. They fail to make the first step. And if they do take the first step and then fail, make a mistake, lose money, or run into problems,  many quit. That is why for billions of people, a 100-unit of bitcoin will always seem like a big investment or project bigger than their dreams.
 
#2: Start small and take baby steps : last year, my first investment in bitcoin was a $100.i was extremely nervous when took the first step.the investment grew up to $300-400 in a month, which I eventually lost all. But I didn't quit. After the lost, my eye opened to the entire blockchain system.i then realized that Bitcoin was not the only cryptocurrency in existence.i started with nothing as a bounty hunter and developed my I.Q on digital currency. Today I am a proud owner of some reasonable crypto. I strongly believe in the power of mind. Our  Minds are our most important form of leverage.

#3: Dream Big: Most of us know that a child must be allowed to dream. Thesame is true for adults. Our dreams keeps us rich, young, and fun. Investment and projects keeps us learning and growing instead of living below our means, we dream big, learn, and invest carefully in order to go beyond our means.
   In conclusion, Today even in the richest country in the world, millions of educated, hardworking people are earning less even if they are paid more.
To make matters worse, because of a market crash, millions of educated, hardworking people think that investing is risky and to attain higher returns means you have to take on greater risks. There are only a few people who know that the key to leverage is Control, and the key to control is financial intelligence.
 The good news is that the higher your financial intelligence, the more money you make without needing money. In this new capitalism, it is truly possible to make money for nothing.

If having an internet connection is considered as nothing then i can say that I started bitcoins in nothing because all i have is a smart phone and an internet connection and I started in this forum then as I grow and ranked up I saved up all those money that I gained in joining some signature campaigns and the. when I gained a lot I put spme of my money as an investment and some in trading for more sources of money
13  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO is still legit? on: August 22, 2018, 01:15:13 PM
Here is lot of iCO. How i find legit ICO.

Some of them. I cannot say most of them because in these times i am not sure because there are a lot of scams that are spreading and I cannot even tell if that ico is just a scam or not. So i suggest to you that see the manager who it is and if they are long enough in here and have a higher rank and trust then go for it you can always check them online.
14  Economy / Economics / Re: Why spend time in bitcoins? on: August 20, 2018, 12:35:33 PM
We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.

Because it makes money it is like a job for other people and for some it might be a profession or a career. They are just getting started in the business world but we all know that they are the future and will be the new face of money soon maybe not the brand that was proposed today but still the concept is the same so spen time in it to be prepared for the upcoming innovation. And plus the fact that you can gain in thses so it is a win win situation
15  Economy / Economics / Re: How to cope up with the falling prices? on: August 18, 2018, 02:50:46 PM
There are just couple of question I need some answering from people with enough experience in crypto.

Any particular tips on when to invest token when the prices are low?
And how can one manage to hold the tokens even the prices are bleeding?
Is there a specific time where one can pinpoint the best way to accumulate tokens?

Thanks for sharing your thoughts!

Just chill just relax everything will be fine just do not take it as a big deal because the prices always comes up and down to the market and having falling prices is an opportunity not a threat so do not even think avout selling what you have that yime because you will absolutely lose. Just took the risk and gain late. It is like the saying no pain no gain so you need to feel the fall before you gain more.
16  Economy / Economics / Re: When will people feel comfortable using BTC ? on: August 18, 2018, 09:21:14 AM
When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its outstanding features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy%

I don't really spend much of my Bitcoin , because I am always in fear.
I am not talking about cashing out , but for digital goods.

How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency

I don't know how to make a poll here , so :- http://strawpoll.me/1793917
This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received.

Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency.

EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so.

We cannot tell because we can just predict and my prediction is 5 years just wait up until that 5 year because as we can see people are hetting started to learn bitcoins and mist of them are loving it so that means we just need to wait for a few more years and the people will get comfortable with that. I Allotted 5 years to be sure
17  Economy / Economics / Re: When will smartphones used for bitcoin mining? on: August 17, 2018, 01:02:06 PM
As we all know that smartphones are just like computer nowadays that has strong storage capacity and processor. This I think could be enable to mine bitcoin and this is what I am waiting for if there are any smartphones company that would offer their smartphones for bitcoin mining or even as a smartphone that works as digital hardware wallet for bitcoin and other crypto. I am waiting for it to happen. Do you think that it will happen?

I do not think that the phone will be functional at all if they will become a mining tool because as what I notice in a big mining rigs is they are not using that computer in daily basis but purely on mining at all. And besides video card of a computer is being used and that is the most higher graphics card that cost a lot because of mining and when we can mine in phone maybe they will became expensive too.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: Luck in cryptoeconomics is a myth? on: August 17, 2018, 10:09:47 AM
I think that luck does not exist, the more in a sphere such as cryptoeconomics. In order to enter a profitable project, you need to analyze all the risks, and then again analyze everything.

I think it exist because how can you explain those people who have joined in here just first time like for example my friend whom I thought of this for the first time and when he join his first campaign have received much more money than I do so thar means he is lucky in picking an ico because you cannot tell if an ico is gonna provide you a huge money or not.
19  Economy / Economics / Re: Newbies panic & Old timers smile, when the Bitcoin price take a dip. on: August 16, 2018, 07:15:56 AM
Many new people on this forum are so focused on ranking up on this forum, with the visions of making tons of money from Bounty and Signature campaigns, but when it counts the most, they tend to drop the ball and they lose out on the biggest profits.

My advice to the newbies out there is to forget about Signature campaigns and Bounty campaigns and to concentrate on the things that will help you to make the biggest profits. You should acquire as much cheap bitcoins as you can, during a dip, because you will never know if that price will be the lowest price that Bitcoin would be sold for in many years.

In early 2017, the Bitcoin price was around $1000 and everyone was saying it was over valued, well they were wrong and most of the old timers just kept on buying more coins. The end result... The Bitcoin price went up to $19,000+ and we made huge profits.

So, please shift your focus on the Dip to something more positive. A dip in the price should be welcomed, because it gives newbies and old timers a opportunity to buy more cheap coins.  Cool

Buy the Dip and Sell on the Spike for the highest return on your investment. No Signature campaign or Bounty campaign can beat a 800%+ increase in the price.  Wink

I also noticed that because most of the new comers here are very much afraid to lose money but have a lot of guts in joining here. A little bit of advise, if you are joining this kind of business just dont be too much paranoid on what is happening because that is normal you are just gonna waste ypur money if you will join here and panic sell if you ever encountered a dip.
20  Economy / Trading Discussion / Re: best coin for long term investing on: August 15, 2018, 01:28:29 PM
please tell which is best coin for long term investments
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No other than bitcoins of course there is not other than bitcoins who are much greater investment but if ever that you want to invest into altcoins then ethereum is also a great altcoins and there are a lot of great altcoins out there but not as great as bitcoins does but still a great investment. Litecoins are also one of them so it is up to you what coin ot pick.
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