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1  Economy / Economics / Re: Newbies panic & Old timers smile, when the Bitcoin price take a dip. on: September 15, 2018, 11:58:10 AM
Most experts in the bitcoin trading market guarantee Future of Bitcoin will be fine and that is why I do investments in Bitcoin but not large amounts because I don't have that kind of money but I have invested a useful amount to use in the future because we can see a slow price increase in Bitcoin but I see many won't do the same even investors who used to invest in Bitcoin because they got scared and have lost money by doing panic selling during the large drop but most of them now think how foolish they were but when something gone cannot be dragged and that is the reason investors should be more focus and understanding before to sell without panicking  .
2  Bitcoin / Bitcoin Discussion / Re: If you did not listen before, now is last chance to reduce your loss on: September 15, 2018, 11:53:03 AM
Experts in the bitcoin trading market guarantee Future of Bitcoin will be fine and that is why I do investments in Bitcoin but not large amounts because I don't have that kind of money but I have invested a useful amount to use in the future because we can see a slow price increase in Bitcoin but I see many won't do the same even investors who used to invest in Bitcoin because they are scared or there are other ICO projects they see profitable than investing in Bitcoin but the problem is there is nothing we know about them like we know about Bitcoin and what will happen to the investment so if there is a bitcoin holder i would suggest him to hold at least a considerable amount to his future
3  Bitcoin / Bitcoin Discussion / Re: Can't we accept bitcoin is going through developmental stages on: September 13, 2018, 06:43:27 AM
Bitcoin growing and stabilizing. I think Bitcoin Price will not be able to effect Fud News. Because everyone is aware of Bitcoin. But in the current condition of Bitcoin, its value will surely meet its goal. But the interest of the people is increasing in bitcoin, it can affect the price.

Yeah if the current condition continues for long bitcoin will definitely reach its target price very soon and no news can effect the bitcoin to survive or to die because its future is decided by its users not from the out side world and if the current users decides not to abundant bitcoin there is nothing that can stop bitcoin and it has come across many problems and has won most of them so it is clear that bitcoin is progressing
4  Bitcoin / Bitcoin Discussion / Re: Who controls the crypto market? on: September 13, 2018, 06:38:45 AM
I think who control price the crypto market is big investors,   they can control in low price and then to the high price. Everything of cryptocurrency depends on them, that prices go up and down because of the consequences of our own selling btc at a low price.

You might right because in any market there is a group of individuals who owns high market share with high power and I have heard that is often happen in the company share market even in my country which is a disadvantage for the rest of investors because there analyzing of the market will be in vain when rich people stars t control the market as they want and in the crypto market same thing can be happening
5  Bitcoin / Bitcoin Discussion / Re: Idea: How to increase bitcoin demand on: September 12, 2018, 11:54:33 AM

Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.

It can be done by using site's feedback or contact us forms.

This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.

To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).

The more people do this the more demand for Bitcoin there will be.

Thanks to those who do that.

The above method to promote bitcoin demand is very promising and effective most of the time because today customer feedback can do major things in the retail businesses and feedbacks are key areas some companies consider during there developments and improvements to attract more customers to there business to buy more products and services   to gain more profits so if we can do at least something like that it can make a huge change for the betterment of bitcoin
6  Bitcoin / Bitcoin Discussion / Re: MasterCard now ready to join the Crypto game on: September 12, 2018, 11:45:56 AM
Mastercard is getting into the crypto game. It's patented "a method that would manage 'fractional reserves of blockchain currency Eventually, this patent will allow Mastercard users to buy and pay for goods with bitcoin instead of dollars and other forms of fiat currency.

https://www.cnbc.com/2018/07/17/bitcoin-above-7000.html

Good Good News coming into the Crypto space.
Better days are yet to come

If really above will happen there will be many fans because many people doesn't like the current fiat using system due to its inconvenience and high transaction fees but with crypto this can be changed to benefit the customer and also the retail seller which is a win win solution for every person who are involved during a transaction or a  trade
7  Bitcoin / Bitcoin Discussion / Re: Bitcoin as World Currency... (new pictures) on: September 12, 2018, 11:40:20 AM
The information that is given by the picture is too cruel for a great currency and an investment asset like bitcoin and I think no once will believe such disaster can be done for just using bitcoin or any cryptocurrency but unlike the picture it can make the city wonderful filled with luxury cars and apartments but that is not the way how some people see the future world with bitcoin but it is going to happen definitely for sake of most 
8  Bitcoin / Bitcoin Discussion / Re: Crypto falls to lowest price since February – Why is BTC falling? on: September 11, 2018, 08:23:29 AM
I think even few drops occurred in some occasions Now Bitcoin is recovering and getting stronger but slowly and I think it will never fall again like we saw in past couple of years because those days are over and people believes about crypto currencies and there existence is changing for better and that is why even many countries have open minds about digital currencies and there use in the local market   
9  Economy / Speculation / Re: What is the reason for bearish of BTC on: September 11, 2018, 08:20:19 AM
Bearish of BTC happened due to many economical and political effects happened against it so the demand that Bitcoin had in the past has decreased for some extend but it is gaining slowly little by little but to recover fully it might take more time than we anticipated because the drop was much bigger in the past and for this day many people ha left the BTC market and some even left the entire crypto market by selling there assets and even Bitcoin is attracting new comers it might take some time to get normal
10  Bitcoin / Bitcoin Discussion / Re: Is it my impression or media is biased towards bad news ? on: September 08, 2018, 04:19:30 AM
Do you think the media is trying to destroy Bitcoin and cryptocurrency ? I think they show 95% of the times only bad news. Why is this happening ?

That is something no one can stop but also cannot deny the fact that media controls the market and we should clearly understand who gave that such power to media because no once from outside world can make a huge negative effect on crypto market unless the governments make restrictions so apart from that the only people can make crypto market to fall or rise are the inside once specially traders and investors and they are the main reason that useless media have such powers over the cryptocurrency market   
11  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin the Biggest Bubble in Human History? on: September 08, 2018, 04:14:19 AM
The market is finally showing some weakness after a wild post-election stock market run-up, and it's taking Bitcoin with it. At least so far.

Three years ago, Bitcoin was under $400, a price I thought was too high even then. As far as I'm concerned, Bitcoin has no intrinsic value and should be worth nothing. So why does anyone think it's worth thousands (and in some cases, millions) of dollars?
It's the theory of false scarcity. There are a limited number of bitcoins in the world and the usage of blockchain technology has assigned the ownership of each coin to specific wallets owned by individuals. So to take "ownership," I have to use the universal blockchain mechanism, accepted by all as valid, to transfer a coin.

Yes Bitcoins price got crashed but how can we say it is another bubble in the investing world because there are enough reasons to believe the future of Bitcoin will be fine and that is why I do investments but not large amounts because I don't have that kind of money but I have invested a useful amount to use in the future because we can see a slow price increase in Bitcoin but I see many won't do the same even investors who used to invest in Bitcoin because they are scared or there are other ICO projects they see profitable than investing in Bitcoin but the problem is there is nothing we know about them like we know about Bitcoin and what will happen to the investment   
12  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin isn't a legit currency. on: September 07, 2018, 10:13:29 AM
What I see Bitcoin isn't getting legit any soon because political problems mainly because doesn't matter how potential Bitcoin becomes if governments and there politicians don't wont Bitcoin to grow in the world as a digital currency there is no way it can become a legit currency so the discussion drags further but nothing happens in the reality. But we can see some countries are having an open mind and if other countries do the same thing things will be much different   
13  Bitcoin / Bitcoin Discussion / Re: Don't worry, Bitcoin will be fine. on: September 07, 2018, 10:05:45 AM
Future of Bitcoin will be fine and that is why I do investments in Bitcoin but not large amounts because I don't have that kind of money but I have invested a useful amount to use in the future because we can see a slow price increase in Bitcoin but I see many won't do the same even investors who used to invest in Bitcoin because they are scared or there are other ICO projects they see profitable than investing in Bitcoin but the problem is there is nothing we know about them like we know about Bitcoin and what will happen to the investment     
14  Bitcoin / Bitcoin Discussion / Re: Hodlers will not change the world on: September 06, 2018, 09:13:43 AM
There are two opinions in the crypto world: some people consider cryptocurrencies digital gold, while others believe that cryptocurrencies will be used as means of payment.
 
The first idea is quite convenient. You can just do nothing. For the first time ever, doing nothing has actually become a heroic deed – people are proud to be hodlers, proud to do nothing with their cryptocurrency. But do you really believe this approach will change the world? Seriously?
 
Let’s be honest. Real crypto communities – there are few. There are few people who own cryptocurrency. The number is vanishingly small. Crypto prices will not grow while there are so few of us. The demand is just too small and there are no drivers of growth.
 
So, what should we do? Is there a reason to just sit and wait for cryptocurrencies to grow? I believe there is none. The only possible solution is that people actually start using crypto in their everyday lives. The number of crypto transactions should amount to hundreds of millions a day. Then, and only then, will cryptocurrencies grow in price.
 
Personally, I see no other options. However, this cannot be handled by one man alone. The whole crypto community should do this. You may ask: is it possible to live paying with cryptocurrencies only? Judging from our experience –  yes. Moreover, we have video proof: here is a story of a guy from Scotland https://www.youtube.com/watch?v=Gb_yVnkHSFs and here is a story of a guy from Thailand https://www.youtube.com/watch?v=l09U16Oqbck.
 
People will say I’m biased, since I founded a project where you can sell and buy goods for crypto. Yes, it’s true. Still, I’m more interested in expansion of cryptocurrencies than in my project’s expansion. In fact, I founded it for one simple reason: I’m sure that hodlers will never change the world. But we will. We should just learn from the guys in our videos who pay with cryptocurrencies in everyday life and make cryptocurrencies valuable.  


What you have mentioned is true if the cryptocurrencies should spread in the world for better productivity and to be usable in the real world and that is the only way we can make cryptocurrencies more demanding and spreading towards the rest of the world which allow more people to reach and gain its benefits and advantages by using it as a currency and hope this will happen in the future
15  Bitcoin / Bitcoin Discussion / Re: Bitcoin has no competition on: September 06, 2018, 09:10:24 AM
Bitcoin is the winner without a doubt because even some move from Bitcoin some are still in the Bitcoin trade and many new comers are focusing on Bitcoin to invest than other digital currencies because it is the most popular and demanding one among all so it has no competition in the crypto market in value, popularity and demand   
16  Bitcoin / Bitcoin Discussion / Re: My sweet and bitter experience about bitcoin on: September 06, 2018, 09:06:10 AM
I started my cryptocurrency journey around July 2017. I bought some altcoins;  verge; dodge, Xrp Siacoin on Bittrex and left some on bitcoin. It was a roller coaster for me around November to December 2017, particularly with verge, my crypo investment of just about $120 grew to a little bit over $3,000. I never new on time until I opened my bittrex. It was wao!

I took out some money since I was in need about $1000. With the euphoria of bitcoin suppasing $20,000, so I watched until my investment shrinked from about $2000 to $1500, then $1000, I decided to take out some little more until I had about $800 left.

That amount have shrinked further to about $450. The worst came when I took a third of the amount to buy Mithril coin when the news came that it won a vote to be listed on binance,  and suddenly it was disqualified,  and the price have falling like packs of cards, more than 50% right now.

Its a question of if I had known, I would have withdrawn the $3000 the moment I saw it on my bittrex account. Who can tell the future?

But I am wiser now.

Does anyone have similar experience

Like me Investors who used to invest and still investing in Bitcoin have gone through the same experience because investing provide you both good and bad experience no matter what is the investment is but luckily some has only gain profits and others have only gain losses because they caught up with Bitcoin during the downfall period  and it might take several year for them to recover there losses and it is the reality we have to expect both losses and gains in business
17  Bitcoin / Bitcoin Discussion / Re: Bitcoin banned in Sri Lanka on: September 02, 2018, 01:40:34 PM
Last past months Sri Lanka's Main Bank (Bank of Ceylon) was banned cryptocurrencies in Sri Lanka. What do you think is the reason for that ? Huh

I think it will ban in Sri Lanka definitely some day when these things continues with any government Sri Lanka will have the same thing will happen because the government understanding towards cryptocurrency and its community is very bad and most politicians have no understanding about the potential benefits they can gain to Sri Lanka from cryptocurrencies and the other reason they are making these accusations because India took the same decisions because they have the same mind set like we do
18  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency could help your business or not? on: September 02, 2018, 01:35:21 PM
I was doing some research online and I stumbled on this kind of news. https://news.bitcoin.com/since-embracing-bitcoin-robinhood-app-value-jumps-to-5-6-billion/

The article said that robinhood app after embracing cryptocurrency have its value jumped to 6 billion dollars after embracing bitcoin. This is a good sign that more and more people are engaging into bitcoin. If more business will enter into the world of cryptocurrency and will bring back the original purpose of cryptocurrency as a medium of exchange rather than just and object of income and a trading item then surely we could revolutionized the world of finance and economy.

With robinhood as an example do you think there will be more business online that will boom and will not go bankrupt due to cryptocurrency?

I guess its hard to determine such facts base on one example so let us wait for the future to unveil itself.

At the moment it is too early I think the crypto into business adaptation will help much to a business but if we do that it will really help the crypto world to grow in the business field and one day if that happened of course cryptocurrency could help my business but something must start from some where and connecting cryptocurrencies to the business processes will not cost anything it can be done as a extra extensions in many scenarios but that is something we should do for the betterment of the crypto world and the community
19  Bitcoin / Bitcoin Discussion / Re: Bitcoin cannot be a global currency on: September 02, 2018, 01:24:45 PM
Technology believers believe that bitcoin is the mission of decentralization, the future of the world currency.


BTC just need, relative scarcity and the manufacturing cost, nature has the price, the price is the fluctuation, as long as access to the securitization in the human history of human use of the most profound institutional invention, the currency is likely to generate huge profits.


You have a lot of money and you have followers. With followers there is a crowd. The masses will naturally divide.


With differentiation, there is naturally a blank majority. Naturally, there are evil men who have been swindled. Nature has its center and leadership.


This is the history of bitcoin's journey along the way, which is why the BTC creator went to the center to turn the government against the pursuit of liberalism.


But on a philosophical basis, technologists are wrong.


The beginning of human birth is said to be monkeys. No government, no center. No money, no inflation. Government is not the product of power, but the government itself is the product of liberalism.


Because freedom must be evil, freedom itself creates chaos, and chaos leads to the pursuit of order, thus freedom produces power and bad power transition to good power.


In the world of BTC, new centralization has begun:


Global mining is concentrated in the hands of a few. The maintenance and development of bitcoin is concentrated in the hands of few digital farmers. The influence of virtual currency is concentrated in the hands of a few big v.


They are the new army, the new bureaucracy, the new emperor. Are these people trustworthy?


The emergence of BTC is a technological advance in the history of human currency. It makes up for the deficiency of the existing monetary system and should also promote the reform of the existing monetary system.


Like insurrection, it is either extinguished or assimilated into the long river of history.

If there are certain qualities inoder to become a global currency Bitcoin has all of them without a debate and there is a big posiblity it will become a global currency due to the higher demand it is getting from every industry from all over the world and still any new or experienced  investor or a trader consider Bitcoin as the main currency above all other in the cryptocurrency market and I think that is because of the demand that the outside world has given towards Bitcoin and also it's popularity among many so this will be the first decentralized global currency in the world 
20  Bitcoin / Bitcoin Discussion / Re: What are the chances BTC is replaced by something better soon? on: September 02, 2018, 01:20:42 PM
"Soon" would be in the next 1-3 years or so.

One of the biggest dangers for BTC is something more useful coming along and investors switching - a process which could happen extremely fast, once started.

So to all the tech savy people in here - what advantages could other cryptocurrencies bring that will give them a crucial edge over BTC, and how fast could something like that come along?

Bitcoin can be replaced but not soon because still any new or experienced  investor or a trader consider Bitcoin as the main currency above all in the cryptocurrency market and I think that is because of the demand that the outside world has given towards Bitcoin and also it's popularity among many so Bitcoin can continue its position in the market for a long time but one day there will be a great currency better than Bitcoin will rise and it is not a surprise because in the technical world those things happen often
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