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5341  Bitcoin / Bitcoin Discussion / Re: What do you think is Bitcoin become legal in all countries? on: December 15, 2017, 06:31:14 AM
Bitcoin is legal by some countries but some countries still not accepting the bitcoin.
What you think is Bitcoin become legal in all countries?

That is the ideal scenario, wherein all countries legalize the utilization of bitcoin for enjoying its maximum potential and benefits to the public. But again, there are countries out there who prohibit the use of bitcoins due to its decentralized nature. Meaning, bitcoin is being used as the main currency for illegal stuff, like payments for illegal transaction of drugs or other smuggled goods or things related therein. Every decision that a country accepts has always a negative implication, wherein bitcoin has its own faults. Like everyone said, nothing is perfect.

Personally despite having its faults, the opportunities and benefits it provide to the general public outweighs the negative impact on the country. Due to bitcoin, more people are sustained. Bitcoin can be the equalizer among the rich and the poor as everyone has the privilege of investing into it. Though that again might be the ideal situation, it may be far from now but it will definitely happen in the near future.
5342  Economy / Economics / Re: How could futures impact bitcoin? on: December 15, 2017, 05:37:00 AM
I don't fully understand the Futures market.
How could futures impact bitcoin and its price?

That what makes bitcoin very unpredictable, considering its volatile price and decentralized nature makes it very hard to determine the final price at the future. Considering that bitcoin is the hot-topic at the world currently due to skyrocketing of its price, no one really knows what will the future may bring. Big investing companies and investors are stating that bitcoin may be the biggest bubble in the history of the internet as it may soon pop, but others sees it as an opportunity to invest whether for short or long-term due to its high-risk, high-reward system.
I agree that it is very difficult nowadays to understand the future price of bitcoin but you must focus on investing first as tomorrow might be the unpredictable. Like what others say, expect the unexpected when investing into bitcoin.
5343  Economy / Trading Discussion / Re: your mentality after a huge loss? on: December 15, 2017, 12:57:45 AM
What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?

I just accept and learn from my past mistakes. If the reason on why I lost huge amounts of bitcoins were due to a force majeure or something that is inevitable to happen, then I just accept it and risk again. Before investing or trading, I always treat them as money that I am willing to lose to prevent drastic regrets after. Some people also treat their money as something that is meant to be loss or to mature in a given time. Though the feeling sucks after losing a huge loss despite making it as money that you are willing to lose, you do not have any choice but to move-on and learn from it.
5344  Economy / Gambling discussion / Re: How can you save money while playing gambling games? on: December 14, 2017, 03:26:03 PM
Hello! i want to save money while playing gambling game but i cant really do it because i am really addicted to bitcoin still i have small amount of money to save in my wallet but in the next day i spend it for gambling because i'll always lose in gambling games can someone help me with saving in my wallet and play gambling games at the same time. 

The primary key into gambling is for you to know your self-control and self-discipline. Without knowing these two (2) traits, then you are going to have a hard time controlling yourself with the hunger of winning or recovering your losses. The main purpose of gambling is for an individual to realize profits faster compared to any types of investments with playing with risks. If you are aiming to save money while gambling, then you are conflicting two worlds at the same time. It is very hard to gamble money with the mindset of saving some especially when you are experiencing a losing streak. Like I said, the key is SELF-CONTROL and SELF-DISCIPLINE towards your gambling.
5345  Bitcoin / Bitcoin Discussion / Re: will people lose intrest? on: December 14, 2017, 06:41:11 AM
Hello!

If bitcoin died do you think people will lose intrest in other cryptos aswell? which altcoin would you invest in if there were no bitcoin?


I don't think so. Since we are already having the cryptocurrency, then maybe even if bitcoin will be gone, people's interest in bitcoin will not lose. We are not just depending on bitcoin alone, but we cannot also deny that we are really trusting bitcoin more than the other cryptocurrency because it is the first type of cryptocurrency existed.

Exactly. I mean, bitcoin is not the only cryptocurrency out there despite its recent price increases throughout the years. There are also other candidates as well like ethereum, e-toro, etc. that have a good profit-scaling ability for investments. But it also depends on the reason on why bitcoin suddenly died. If the reason involves a world-scale banning and countries have imposed certain laws about the prohibitions of other cryptocurrencies as well, then people would start looking for new things to invest on. Though it may sound impossible, it may be possible depending on the damage of it to certain countries in terms of economic impact.
5346  Economy / Trading Discussion / Re: Some new trustable signature campaigns which pay in bitcoins? on: December 14, 2017, 03:48:08 AM
Hey. I'm looking for some signature campaigns that would pay a fixed amount every week in bitcoins!
Please let me know some great weekly paid signature campaigns! And please drop it's ANN link!
 Smiley

Looking for a signature campaign nowadays is a very tedious task as it requires you to repeatedly refresh the services page until a campaign manager opens one. The problem with campaign signature nowadays is due to bitcoin's increase on its prices, mining/trading fees are becoming expensive, resulting to less ICOs in the market. Not to mention, if a campaign opens on the spot, expect a large number of people applying for their position as they are also in demand currently. The supply and demand of campaign signatures is that, there is more demand than the supply. Make your threads/comments in-quality in order to be chosen for your application.
5347  Economy / Economics / Re: Is there any good news about Bitcoin from your country? on: December 14, 2017, 12:17:11 AM
No good news so far, there's a lot of more urgent issue so they don't really care about bitcoin. The latest news i can think is when they banned bitcoin as a payment options about 1 month ago. I'm still waiting until the government decided to legalize bitcoin so people can start using it as a currency.

I really do hope that your country will start to see the opportunities and benefits bitcoin provides to the economic perspective. It makes the market liquid and it may provide people jobs due to its nature. In the Philippines, I have read that they will host the next bitcoin conference here in Manila and the fact that they will host such a huge event implies to me that our BSP (Central Bank) is beginning to see its exchanges legal. I do know that our BSP legalizes the exchange of bitcoin as no laws have been passed to ban it. I really do hope that this continues as bitcoin has tremendous of opportunities to all phases in society.

Source: http://www.newsbtc.com/2017/12/11/manila-host-blockchain-bitcoin-conference-philippines/
5348  Economy / Gambling discussion / Re: How to spot a gambler addicted? on: December 13, 2017, 07:47:40 AM
I think the way to spot a gambler addicted is they are trying to borrow your money to gambling. That surely is a gambler addicted.

That is 1 trait of a gambling addict also the lack of activeness of a person to communicate with other people and just focus on gambling alone, been thinking hard on how he/she could win the losses on a game, always blabbering about gambling non stop.

Yep, these are some traits but i will also like to add that people that don't seem to have anywhere to go apart from the gambling house  and spend all their time of the day over there are addicts and  they might be seeking to make recoveries at such times that's why all their lives are spent over there thinking about strategies.

Wasting too much time just thinking about strategies about gambling all day long without the regards of oneself, there are even some gamblers who even forgot to eat thinking about this and that to win a game which makes them more prone to losing in gambling.

Regardless if he is a gambler or not, I think we should not waste our time spotting if someone is a gambling addict or not. Though one exception may be if the gambling addict is your friend, family relative or someone close to you. I know that there is this initiative of helping a stranger to control his/her addiction but the changing of habits purely depends on their decision as an individual. Even if we exert some effort to help them, most of them would just return to their original ways. I know that even though are efforts are for the needy, some people are just close-minded when it comes to these things. The only way to help them is for them to help themselves.
5349  Bitcoin / Bitcoin Discussion / Re: Will Government put an hand to interfere the Cryptocurrency and tax us? on: December 12, 2017, 03:01:10 PM
I have read an article "US Senate Moves to Criminalize Non-Disclosure of Cryptocurrency Ownership which about not only BTC but also cryptocurrencies have finally drawn the attention of both the mainstream and the governments.

So, do you think the day will come soon or never happen?

IMO, the government will surely find some way to interfere with a "proper" excuse and tax us because they are leak of money! Their intention is so obvious to make everything "Legal". However, will they success? Will we fight?
Everyone who hodling crypto is not only want profit and financial freedom but also they do not like how centralization works.

Sorry for my poor English. Hope you will understand.

It is definitely possible considering that the price of bitcoins currently are no doubt, not a joke. The government may interfere by imposing tax regulations and prohibitions especially when prices are beginning to skyrocket. Though this may be relative to the country, the government are slowly approaching the cryptocurrency world and are making there move by influencing a lot of big companies. Expect soon that the government will interfere and might hinder us from earning more bitcoins due to obligations and other tax implications.
5350  Economy / Economics / Re: Why people says gold is better? on: December 12, 2017, 11:43:38 AM
Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?

There are some reasons on why people say that gold is better. Though it really depends on the individual, below are some of the reasons on why they think gold is better:

- Gold being a TANGIBLE investment makes it more secure compared to bitcoin's nature on the internet;
- Gold is regulated among the countries and the gold reserves of a country determines the value of their currency;
- Gold is a non-renewable resource, making it limited in terms of supply;
- Gold investment has been around for years and many people are actually profiting from it; and
- Investing in gold is not prohibited compared to bitcoin being illegal in some countries.

First, you need to understand that gold is a tangible asset and people can actually hold it compared to bitcoin. Like I said, it depends on the individual on what they prefer to invest on. Bitcoin is a high-risk high-reward type of investment wherein there is no collateral when its decreases. Not to mention, many investors are calling bitcoin a bubble which is bound to pop in the future. But we cannot deny the fact that bitcoin prices has tremendously increasing over the past years and many people (including me) have realized large amounts of profits due to it.
5351  Economy / Trading Discussion / Re: How to know when to sell? on: December 11, 2017, 02:24:07 PM
Can i anybody put me through the basics of knowing when to sell and when to hold?...
I actually don't know much about market rise in demand and supply and it's affecting me in daily trade of cryptocurrency.

Well, the answer primarily depends on your situation and decision towards your goal as an investor. Let's say you invested worth $1000 of bitcoins and after 2-3 weeks, the price of bitcoins suddenly skyrocketed making your initial investment of $1000 to $3000. You have the choice on whether or not, you cash it out or wait for another weeks/months and hope that bitcoin prices increase once again. You must also do your part by checking and updating yourself with news around bitcoin so you can have the advantage of speculating the prices on when they will drop/increase.
5352  Economy / Economics / Re: What makes Bitcoin to move this fast? on: December 11, 2017, 07:07:05 AM
Guys I'm wondering why BTC is moving this fast to up? With logic there should be  a huge amount of money flew into BTC market but I don't see any reason to  make this happen.

Is there any economic reasons about this massive flying to up? What are your opinions about this happenings? Huh

There are many reasons on why bitcoin prices/reputation is increasing everyday. Below are some of my opinions on why we are experiencing this opportunity currently:

1. The advancement of technology together with social media build hype for bitcoin into attracting and retaining new/old investors. There are a lot of ads going around and there are news spreading about bitcoin's price;
2. With the hype of media, new investors are eager to realise profit. They tend to invest their money hoping that bitcoin will answer for their future- which relatively may differ from one person to another depending on the circumstances;
3. Some countries are beginning to accept and see bitcoin as an alternative payment/currency into the market. Due to this, a lot of big trading companies are starting to acknowledge it as payment (i.e. http://www.newsbtc.com/2017/02/08/philippines-bangko-sentral-recognizes-bitcoin-payment-system/); and
4. With the recent price increase, who does not want to invest into something that may yield large amount of profits in a short amount of time?

Though bitcoin's price is the talk-of-the-town around the world, there is still the risk of it popping in the future. Many investors are saying that bitcoin will be the biggest bubble that will happen due to its nature being decentralized and intangible. Still, investing into bitcoin depends on our decision whether we want to take the risk or not.

5353  Economy / Economics / Re: Central of the Philippines Recognizes Bitcoin on: December 11, 2017, 06:07:50 AM
http://www.newsbtc.com/2017/02/08/philippines-bangko-sentral-recognizes-bitcoin-payment-system/

According to this article the Philippines’ Bangko Sentral Recognizes Bitcoin as Payment System. The article also added that Bangko Sentral states  sees the virtual currency’s potential to revolutionize the delivery of financial services. Additionally, they also mention how bitcoin provides financial inclusion, which is something traditional financial solutions have been unable to provide. This statements coming from the Central Banks of the Philippines will give a potential impact on the rise of bitcoins value on the market. And not only that, the Philippine Central Bank is not the only bank that sees the merits of bitcoin but also the the Central Bank of Nigeria.

Interesting, my colleague made a thesis about the legalization of bitcoin in the Philippines and they were able to interview a lawyer at the BSP (Central Bank). The lawyer said that they see bitcoin as property, not currency thus not being subject to legal tender. With the recent article you provided, this conflicts with their statement before (I think last 2-3 months ago) and I guess that it is due to bitcoin's price increasing everyday. My colleague interviewed the lawyer when prices were around $2000-$3000, and I guess they changed their decision when they saw the implications and opportunities of bitcoin in the economy.
5354  Economy / Gambling discussion / Re: Do you feel shameful for being a gambler? on: December 11, 2017, 02:50:45 AM
Go guys!
In many cultures and countries is gambling consider as a bad thing which only the poorest and silliest ones do. Many gamblers try to hide that they gamble from their friends and families and feel really shameful for that. Do you consider gambling as a bad thing? Do you feel shameful or proud for being a gambler? If it is shame what you feel what do you about it? How do you hide you're a gambler and who do you hide it from?
Let others know!

Though I do not have any experience with gambling, what makes gambling shameful is the implications after losing/winning. People tend to be shy especially when they are drowned in debt due to gambling and not due to gambling itself. Gambling as a hobby or as an entertainment purpose does not constitute to being shameful to an individual but rather the after-effects of it. Like I said, a lot of my friends suddenly became quiet after they lost most of their resources/money due to gambling. But then again, this is a case-to-case basis and it may differ primarily on the attitude of a person.
5355  Economy / Trading Discussion / Re: Time management. on: December 10, 2017, 03:17:46 PM
Most of us have a daily responsibilities.
How do you manage your time in trading and in bounty campaign as well as researching for the news and updates of your favorite altcoin?
Yes, i agree. Well, i manage my time in trading and bounty campaign and researching for the news and updates of bitcoin by just doing my responsibilities first, then i will spend most of my doing those things. But I'm doing it during my free time only.
There is not much needed in bounty campaign but in trading you need a lot of time to do the research to ensure you are updated with the current news. Being updated will help you improve your knowledge and when you improve your knowledge it will help you make a good decision in trading, as long as you are good in managing your time, you will be able to achieve what you want since you know your priorities.

That is the reason on why I think joining into campaign signatures as a method of earning bitcoins is one of the most reliable and convenient way due to its flexibility and accessibility. Compared to other methods such as trading, gambling and doing services, there is the presence of RISK. Though the payment and profit might be high compared to it, the lack of starting capital on participating into campaign signatures outweighs them. One might argue that some people earn large amounts of profit in those methods but the flexibility of time is still unmatched.
5356  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is not supported in some countries? on: December 10, 2017, 06:34:13 AM
I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me

Why would a country accept a form of payment that cannot be regulated, thus imposition of tax is impossible? Relatively, most governments view bitcoin as a hindrance to their development. They cannot fully control it, thus it may be the perfect payment under the dark web for illegal goods and services. Though bitcoin may seem dangerous, we cannot hide the fact that the opportunities and benefits it provides to individuals like us are undeniably good. It gives us an alternative way of earning money with the convenience and flexibility of time.
5357  Economy / Speculation / Re: HODL bitcoin? why and why not? on: December 09, 2017, 01:14:42 PM
HODL bitcoin? why and why not?

The answer primarily depends on your goal as an investor whether for short or long term. Each option has its own implications and effects and you might want to consider it first before making a decision. Here are some of the pros and cons of having to hold it for short/long term:

Short-term investments - Generally, new investors tend to invest their bitcoins in a short term basis since they want to realize profits faster. As compared to long-term investments, it is much safer due to the fact that it requires less time but also expect to have low profits at the end of the day. Though one might argue that bitcoin prices may suddenly skyrocket, you still have the choice on whether to withdraw it or not.

Long-term investments - This type of investment requires time and dedication as you are saving it for future use. People who generally invest bitcoin for long-term tend to realize huge amounts of profits since they take advantage of the time by maturing their coins. The only risk that you might want to consider is the dropping of bitcoin prices as it may happen without sudden notice.

Be reminded that investing your bitcoins is a high-risk, high-reward system. The value of your investment primarily lies on the price of bitcoin and there is no guarantee that you may collect profit. But by just looking at the price history index, one might observe that there has been a steady increase on the price of bitcoins over the past years. So I really do suggest that you invest right now and hope for the best.

PS: Only invest money that you are willing to lose.
5358  Economy / Trading Discussion / Re: Do you think its now the time to sell bitcoin? on: December 08, 2017, 01:46:30 AM
Bitcoin is dropping its value in 24 hours. Do we need to sell it now? or it will go rise again?

Just to give you a quick answer, you made this thread last December 1 where the prices of one (1) bitcoin amounts to $9600-$9800. Without providing any facts to strengthen your claim of it losing its value within 24 hours, look what are the prices currently. Today is December 8, a week after you made your claim and the price of one (1) bitcoin amounts to $17,000. It doubled its amount after a week and no one knows when this cycle will continue. Personally, I would wait until $20,000 and I will sell all of my coins and convert it to cash.
5359  Economy / Gambling discussion / Re: Why do we need to gamble? on: December 07, 2017, 10:05:18 PM
We need gambling for the easy money, and that's the first step to get in the gambling world and never get out of it. And after the realization that it is not as easy as it seems the addiction has taken over you and gambling becomes something we don't really need but rather something we have and cannot get rid of it.

It's not that we need gambling, people only tend to think that gambling can get them the easy way out on their problems especially when they are financially struggling. People tend to do methods that are easier and riskier when they face certain difficulties financially and other gamble purely for entertainment purposes. The problem lies on the addiction they garner because there is the risk of them destroying their lives and affect their surroundings especially when the individual has priorities to meet every day/month.
5360  Economy / Speculation / Re: Will the price of bitcoin increase forever? on: December 07, 2017, 04:11:11 PM
Since the total number of bitcoin is fixed, so the value of bitcoin will keep grow, and it's price will keep grow also. So will there a price cap for bitcoin?

There are a lot of things to consider in determining the reasons on why bitcoin's prices are increasing. Below are some scenarios that effect bitcoin prices currently and in the future:

1) Due to its rising popularity, a lot of individuals are investing into bitcoin hoping that their investment will prosper by basing it in the price history (currently the mindset of most old/new investors);
2) The law of demand and supply of bitcoin plays a major role in its price especially with its cap of 21 million in the market;
3) Country prohibitions or acceptance are a factor in its price especially in China when they banned mining bitcoins. That significantly dropped the price but it regained afterwards due to Japan's accepting of it as payment and making it available into most retailers as payment;
3) Bitcoin whales are trying their best to manipulate the price which contributes to its high volatility in the market;
4) Due to its decentralised nature, no government agency or authority can ever regulate it compared to other types of investments which are under the SEC (Securities and Exchange Commission) which plays a huge part on its part; and
5) It's decentralised nature also makes it the perfect payment for transactions around the world making it the very first type of currency to be able to transfer money in seconds without an expensive fee.

Those are some reasons on why I think bitcoin's price increases per day. Some might argue or add knowledge to my comment but feel free to do so. No one really knows on when this chain will end but take this as an opportunity to maximise its potential by investing into it.
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