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1  Economy / Speculation / Bitcoin price drops below $15k..... on: December 22, 2017, 05:41:43 AM
The price of bitcoin is down more than 25 percent from an all-time high of nearly $20,000 reached this past weekend...
Prices fell to as low as $14,502 to start today's trading session, according to CoinDesk's Bitcoin Price Index (BPI), about 27 percent from the all-time high of $19,783 reported on Dec. 17....
2  Bitcoin / Bitcoin Discussion / Re: Will bitcoin end? on: December 21, 2017, 02:01:23 PM
No bitcoin will never end....according to today's situation,bitcoin is one of the top cryptocurrency in the world...And it's the best way of investing,trading...
Bitcoin is best as a medium of exchange...
3  Bitcoin / Bitcoin Discussion / Re: Are you surprise by bitcoin price now? on: December 21, 2017, 01:52:10 PM
$Obviously I am surprised by looking at current price....day by day it's getting high....i think it will be more high at the end of 2018...
$Bitcoin was the top performing cryptocurrency out of the top five in the third quarter...
$Investors shifted from altcoins like ethereum back to bitcoin....
$Bitcoin had an eventful quarter including a "fork" and increasingly stringent regulation from China....
4  Economy / Economics / Re: Cashless society on: December 21, 2017, 01:30:50 PM
##A cashless economy is one in which all the transactions are done using cards or digital means. The circulation of physical currency is minimal.
##India uses too much cash for transactions. The ratio of cash to gross domestic product is one of the highest in the world—12.42% in 2014, compared with 9.47% in China or 4% in Brazil.
##Less than 5% of all payments happen electronically
##The number of currency notes in circulation is also far higher than in other large economies. India had 76.47 billion currency notes in circulation in 2012-13 compared with 34.5 billion in the US.
5  Economy / Economics / Re: Bitcoin reduces unemployment on: December 21, 2017, 08:07:10 AM
 I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world....
6  Economy / Trading Discussion / Re: AML/KYC Explained on: December 21, 2017, 07:21:08 AM
Anti-Money Laundering (AML) and Know Your Customer (KYC) initiatives have emerged as important focus areas for financial institutions. Hefty penalties for non-compliance, challenges in acquiring the “right" customers, emerging digitally empowered competitors, and thinning profit margins are forcing financial institutions to reimagine their AML and KYC programs.

Genpact's proven experience of running industrialized AML and KYC operations for financial institutions globally, including several Fortune 500 clients, enables firms to augment operational efficiency, optimize processes, and improve compliance.

7  Bitcoin / Bitcoin Discussion / Re: Bitcoin in 2018 on: December 19, 2017, 10:11:00 AM
According to me,looking at current graph of bitcoin...the bitcoin price will exceeds $100000 at the end of 2018....also the number of cryptocurrency adopters will rise...i think cryptocurrencies will perfoem even better in 2018..
8  Economy / Economics / Re: Bitcoin or gold? on: December 17, 2017, 08:02:07 AM
Comparing the Two
For hundreds of years, gold has dominated the safe-haven asset arena, and it is yet unknown if Bitcoin presents a real threat. There are some small, but potentially significant differences between Bitcoin and Gold in 2017:

Transparency, Safety, Legality
Gold’s established system for trading, weighing and tracking is pristine. It’s very hard to steal it, pass off fake gold, or otherwise corrupt the metal. Bitcoin is also difficult to corrupt, thanks to its encrypted system and complicated algorithms, but the infrastructure to ensure its safety is not yet in place. The Mt. Gox disaster is a good example of why Bitcoin traders must be wary. In this disruptive event, a popular exchange went offline, and all but stole its users’ Bitcoins, totaling around $460 million. Legally, there are few consequences for such behavior, as Bitcoin remains  difficult to track with any level of efficiency.

Rarity
Gold can continue to be mined, but eventually there will be no more Bitcoin. The algorithm that manages the blockchain rewards miners for verifying and processing transactions, but in as little as 10 years, the supply will run out. This higher level of scarcity means that Bitcoin could have a higher price ceiling than gold and is the most important catalyst for the current speculative bubble.



9  Bitcoin / Bitcoin Discussion / Re: If Bitcoin stops........ on: December 17, 2017, 07:54:29 AM
In case bitcoin stops then everyone will be in loss mostly those who invest money in it...huge amount of loss...i wont even imagine the loss..people with mining farms will also be in huge loss...
10  Economy / Economics / Re: Bitcoin Will Change Everything on: December 16, 2017, 06:20:59 PM
I dont think so bitcoin will change everything...because there are other things that bitcoin cannot change...like cashless world,gold investment etc. Bitcoin is profitable but there are also other cryptocurrencies in compare with bitcoin...
11  Economy / Economics / Re: Why we should fear a cashless world on: December 16, 2017, 06:11:53 PM
I can never imagine a cashless world..because paper cash is important...and it can never be stopped...the real proof is always on paper..even court never trust on online proof..
12  Bitcoin / Bitcoin Discussion / Re: Will bitcoin replace gold? on: December 16, 2017, 06:02:44 PM
Bitcoin can never replace gold...because gold is gold..i will always prefer gold as first priority of investment rather than bitcoin...bitcoin is also quite profitable but almost everyone is aware about gold as compare to bitcoin...so the investment in gold is much more than bitcoin..
13  Bitcoin / Bitcoin Discussion / Re: Why people are holding Bitcoin? on: December 16, 2017, 08:56:22 AM
Patience is very important in trading...Holding bitcoins for long time is the best way of making profit...
14  Bitcoin / Bitcoin Discussion / Re: What Are Your Greatest Fears As a Bitcoin Holder? on: December 16, 2017, 08:39:18 AM
As a bitcoin holder my greatest fear is that the bitcoin price should never goes down...it should be always increasing...noone can steal my bitcoin from wallet...
15  Economy / Trading Discussion / Patience Is A Trader's Virtue on: December 16, 2017, 08:20:36 AM
Patience Is A Trader's Virtue
Although the best investors and traders understand the importance of patience, it is one of the most difficult skills to learn as an investor and trader.

16  Economy / Trading Discussion / Re: trading vs holding on: December 16, 2017, 08:06:32 AM
The goal of most investors generally is to buy low and sell high. This can result in two quite different approaches to equity investing.

One approach is described as "trading." Trading involves following the short-term price fluctuations of different stocks closely and then trying to buy low and sell high. Traders usually decide ahead of time the percentage increase they're looking for before you sell (or decrease before they buy).

While trading has tremendous potential for immediate rewards, it also involves a fair share of risk because a stock may not recover from a downswing within the time frame you'd like—and may in fact drop further in price. In addition, frequent trading can be expensive, since every time you buy and sell, you may pay broker's fees for the transaction. Also, if you sell a stock that you haven't held for a year or more, any profits you make are taxed at the same rate as your regular income, not at your lower tax rate for long-term capital gains.

Be aware that trading should not be confused with "day trading," which is the rapid buying and selling of stock to capitalize on small price changes. Day trading can be extremely risky, especially if you attempt to day trade using borrowed money. Individual investors frequently lose money by trying to use this approach.

A very different investing strategy—called buy-and-hold—involves keeping an investment over an extended period, anticipating that the price will rise over time. While buy-and-hold reduces the money you pay in transaction fees and short-term capital gains taxes, it requires patience and careful decision-making. As a buy-and-hold investor, you generally choose stocks based on a company's long-term business prospects. Increases in the stock price over years tend to be based less on the volatile nature of the market's changing demands and more on what's known as the company's fundamentals, such as its earnings and sales, the expertise and vision of its management, the fortunes of its industry, and its position in that industry.

Buy-and-hold investors still need to take price fluctuations into account, and they must pay attention to the stock's ongoing performance. Naturally, the price at which you buy a stock directly affects the potential profits you'll make from its sale. So it makes sense to buy the stock at a price you believe is reasonable. While you hold the stock, it's also important to watch for signs that your investment isn't going the direction you planned—for example, if the company regularly misses its earnings targets, or if developments in the industry turn bleaker.

Sometimes you'll decide, after reviewing the company's fundamentals, that it's worthwhile to ride out a slump in price and wait for a stock to recover. Other times, you may decide you'll have better returns if you sell your holding and invest elsewhere. Either way, it's important to stay on top of the stocks you own by paying attention to news that could affect their value.
17  Economy / Economics / Re: Where can i invest my money? on: December 16, 2017, 08:00:04 AM
The best way to invest money is cryptocurrency....because cryptocurrency is the only way of profit without any loss..
As concern to bitcoin,after investing in it you need to have patience..keep your btc for long time to get more profitable..
18  Bitcoin / Bitcoin Discussion / Re: What is BTC for you? on: December 16, 2017, 07:49:22 AM
BTC is the best way of investing money...and i thought for me btc==money==future..
19  Bitcoin / Bitcoin Discussion / Re: What do you like best about bitcoin? on: December 16, 2017, 07:33:53 AM
Bitcoin had a record-breaking year in 2017, taking a volatile growth course from $900 at the start of the year to $6,300 by October. But skeptics like hedge fund manager Ray Dalio and JP Morgan CEO Jamie Dimon have thumbed their proverbial noses and given cries of “bubble” and “fraud.” While other investment experts like Tom Lee, former JP Morgan director and popular Wall Street strategist, believe that the price of Bitcoin will continue to climb, likely reaching $55,000 within five years.
20  Local / India / Zebpay app for bitcoin business in India.. on: December 16, 2017, 05:03:29 AM
Tell your opinion...
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