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101  Economy / Speculation / Re: Is 2018 the downfall of bitcoin? on: February 06, 2018, 07:45:33 AM
If you check out the market value graph of bitcoins from the time btc was launched in the digital world you will understand that ups and downs were most common think that bitcoins has faced during its time of growth .Now that it has got its name recognized globally this down fall in its market value is due to some correction going on the market.Which came as a result of the panic selling of btc investors and unexpected banning done in some Asian countries and banks banning buying of btc using credit cards has also affected this market which has resulted in this downfall.It will take some time for the market to recover but we don't have to wait for longer period maybe in 2 or 3 weeks everything will be back to normal.
102  Economy / Economics / Re: It is not yet over as bitcoin heading toward $4,500! on: February 06, 2018, 04:13:26 AM
Now the price of btc has reached 6K USD i am waiting for the maximum lowest rate so that i can also buy more btc at the lowest available rate as every investment form there is even ups and downs in the bitcoin market aswell .If we just go through the market graph of btc of the past few years we can make out about the ups and down btc has gone through and there is nothing to panic about in this correction time.It is true some incidents that take place in the name of btc do affect the market value of btc as the rate of the btc is based on the trust that is being build in by the people within it and not backed or supported by any stock or gold reserve.
103  Economy / Economics / Re: when you sell out of panic, you are contributing to the dump! on: February 05, 2018, 07:33:58 PM
It is true that panic selling of bitcoins are also contributing to sinking value of bitcoins , most of the btc  investors do panic selling when they  find that the market value has hiked or if they feel the market is sinking they trying selling at loss thinking that they can cut further loss by selling in the available rate infact they are not aware that they are contributing for the sinking of the market level.Apart from this ban in certain countries has also affected the market value of btc and the fake news spread over social media networks relating to broken level will also contribute to market for the market dump as the investors also does panic selling if they see something like that.
104  Economy / Economics / Re: With the newest news from China, how much BTC did you buy? on: February 05, 2018, 05:48:33 PM
You may think i am foolish but i will still hold on with my bitcoins and i will as much as bitcoins possible by me .I am just waiting to see how low the price of the bitcoins will i still have BTC left with me well that was given to me as gift by my family member as he was doing mining and i am not willing to sell those off now as i am waiting for the right moment to store more bitcoins as possible . I know the price of the btc will rise again and the market will have an unexpected market value.Even though it is crashing now.
105  Economy / Economics / Re: The lack of financial education on: February 05, 2018, 05:32:28 PM
It is not the responsibility of the government to teach everyone what bitcoins are as it is not something which is being controlled or run by the government. The responsibility of the government is to  protect the rights of every citizen like right to learn or to provide basic education so that they can read and write and to provide every citizen with a safe and secure environment to live in. BTC are form of investment decision which an individual has to do and not any government as it is not something which is coming under the government if a person want to learn about btc they can do so by joining for course provided by various universities relating to bitcoins. It is completely personal interest of an individual whether they should make an investment on btc or not .It is just like making investment in the stock market .
106  Bitcoin / Bitcoin Discussion / Re: king of all coins on: February 05, 2018, 03:20:46 PM
Bitcoin will continue to stay as the king of all coins even though there is correction going in the bitcoin market.It will continue to stay as the king of all crypto currency as it was the first digital currency which was created and it has faced many ups and down in the initial stage and it has maintain a good position so far in the crypto market even if the market value crashed several times bitcoin continued to stay in the digital world and it has even proved its position in the market
107  Economy / Economics / Re: Is trading just educated guessing? on: February 05, 2018, 07:27:36 AM
Trading on bitcoins are not something which done on some random guess work infact we will have to follow the graph and how the market is moving or else we will end up on loss if we try a random guess and do something on trading.Trading on btc is not like a game .It can be partially said as more like a gambling because it is high risk to do trading if you are not much aware of the market.To do trading one should be aware on how the market price will move for particular currency a good trader is someone with lot of market knowledge and the one who has lost and won the market.The once who has lost in trading get to learn more about the market .It is always better to do trading after studying the market deeply.
108  Economy / Economics / Re: Will we ever live in a cashless society where cryptocurrencies thrive? on: February 05, 2018, 07:14:59 AM
Crptos has nothing to do with real life currency .Even though we live in a world of crypto it has nothing to do with the real life currency .It is a fact that there are more crypto currencies showing up in the digital market and it be only considered as a form of investment and it has nothing to do with real life currency .Even though the digital currencies are being accepted world wide most of the government are trying to put a control over it.I know both cryptos and real life currency will stay hand in hand because we need real life currency to buy cryptos as digital currency does not have a physical form and it is not accepted in every place we go say like if we go to a local vendor and buy something we cannot pay him using cryptos as he does not know its value nor knows how to use them.Where as Cryptos are accepted in star hotels and restaurants as they know its value and how it can be utilized.
109  Economy / Speculation / Re: Should I Invest in Bitcoin in 2018? on: February 05, 2018, 06:09:10 AM
Its totally upto personal interest on whether a person should make an investment on bitcoins or not . There is no need to rely on other opinions for making investments some might talk in favor of bitcoins and there will another group of people who will talk against bitcoins.I personally feel it is better to make an investment after the correction of bitcoins are done currently the price of btc are in sinking stage as a result of some banks stopped allowing their customers to buy btc using credit cards and it has affected the btc market as they were lot of investors who used to make investment on credit basis.
110  Economy / Economics / Re: Bitcoin is Falling...Is it Panic Time? on: February 04, 2018, 05:18:48 PM
It is better to hold on with bitcoins even if the market value is going down most of the investors are selling off their bitcoins as they feel it as that they are stopping their loss by selling in the available rate but my suggestion is that it is foolish to sell off your bitcoins now .The best thing a wise investor can do now is buy in as much as bitcoins possible and wait patiently for the price to grow say like invest in it and wait for just one year as the price will be rising in few months time.you can learn the market more if you have checked the market value graph from past few years.
111  Bitcoin / Bitcoin Discussion / Re: Do you think Bitcoin will survive after 100 year ? on: February 04, 2018, 03:16:00 PM
There is no doubt that btc will survive even after 100 years .Now itself  there are lot of teenagers who are active users of bitcoins from that itself we can understand how sharp our generation of youth are and hence they will definitely pass their knowledge about bitcoins to their friends,relatives and to their next generation as they have earned lot of money out of btc .In future there will be different version of bitcoins like bitcoin diamond so on and it will really expensive to buy one btc .May be in future the mining time will also slow down and the transaction charges will decline.
112  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Another Coin Take the Crown? on: February 04, 2018, 04:55:35 AM
There are several crypto currency which came after bitcoins and there are chance for the market value of ETH to go high so i guess this year will be for the ETH value to grow and it will be a wise decision to make investments on ETH .It does not mean that btc will be left behind currently there is correction going on in the btc market so is the reason of current decline. To be a wise investor it is always better to split investment and make investments on multiple coins so that you never end up in loss.Splitting investments always helps double the investment.
113  Bitcoin / Bitcoin Discussion / Re: Which one is the best cryptocurrency next to bitcoin? on: February 03, 2018, 04:44:52 PM
ETH is the second best crypto currency which is next to bitcoins as its market capital was in the second position after btc in terms of market value i have always felt that ETH is the next best crypto after btc it will be a good idea to make investments on ETH as it also has a great future just like btc and there is more chance for the ETH value to grow in few months time so its better to grab hold the market now rather than starting to invest after the price become expensive to hold.
114  Economy / Economics / Re: The future of the paper money on: February 03, 2018, 04:14:13 PM
It is not that easy for the government to introduce digital money for the whole country and even digital currency comes up the paper money will still have value and i don't think that the future of paper money will end so fast.It will take so much effort and time for the government to create more number of digital cash to provide for the enitire country so it is one hundred percent sure that paper money will still continue to stay for the next 50 to 100years as it is not some simple job to create more digital money for the entire population.
115  Bitcoin / Bitcoin Discussion / Re: Why does bitcoin have value? on: February 03, 2018, 02:58:01 PM
Bitcoins has value as it has gained trust of everyone globally , its value keeps growing as result of the trust that was being build by its investors on it.BTC has proved itself to be one of the best crypto currency which is beneficial on long run.Last year the value of bitcoins increased and crossed 20K USD as a result of more demand for bitcoins by its investors later the price started dropping because the existing btc holders started withdrawing their coins as they thought that the market will crash after a hike which resulted in a panic situation for new btc holder and they also started selling off thinking that they will end up in loss .The value of btc increased as it has become one of the most attractive form of investment which does not make the investors pay tax nor have to disclose their identity.
116  Economy / Economics / Re: What are the biggest changes in your life caused by Bitcoin? on: February 03, 2018, 09:27:22 AM
I have friends whose life changed because they were actively involved in bitcoins and they completely dedicated their time and investments on bitcoins it does not mean that bitcoins made them super rich.But their hard work and dedication got paid off as some of them were focusing on bitcoins by leaving their full time jobs and some even stopped focusing on their business and spend most of their time and they finally became successful after their long wait and hard work got paid off by 2017 when the price of the btc crossed 20K USD.
117  Other / Off-topic / Re: Bitcoin community is rising. on: February 03, 2018, 08:42:02 AM
It is a positive sign to see the bitcoin community growing because when more number of people start to show interest in the btc community they will be sharing their knowledge about bitcoins to their friends and hence more people will be willing to make investment on btc and so it is a good sign to see the btc community growing as it will result in the increase on demand for bitcoins and the market will continue to grow in its value when the demand goes high.
118  Bitcoin / Bitcoin Discussion / Re: WARREN BUFFET says Bitcoin won't end well on: February 03, 2018, 07:51:26 AM
Well my dear friend you are wrong about your statement regarding what Warren Buffet said to CNBC  channel.The question asked to Warren buffet was whether he would do investments on bitcoins or any other crypto currencies and he made it clear to them that he does not want to have a bad ending because and he also made clear to them that he has no idea about what bitcoins or other crpto currencies are. he also made it clear in the talk show with cnbc news that he said so as he has idea only relating stocks share and business and he also made clear that he does not know anything about the digital money .so before making any post or coming to conclusion please make double check of his full interview conducted by cnbc channel.
119  Economy / Economics / Re: Don't worry, the market will not fall forever. on: February 03, 2018, 05:43:59 AM
I am not worried about the fall in the market.Infact the fake news is something which is spreading faster like bitcoins are getting banned in most of the countries it is something which is bothering and i feel it really creates a panic situation for the investors .Even when i opened social media i can find lot of fake advertisements and news relating to bitcoins that people getting behind bars for using bitcoins.It is really creating a panic situation for the people who are willing to invest in bitcoins more over i have felt like there is something which is going to come in the digital world which wants the value of btc to go down so that they can introduce their own digital currency.
120  Economy / Economics / Re: why should bitcoin! on: February 02, 2018, 05:22:49 PM
There are several crypto currencies available in the market but it is a fact that all like to own bitcoins as it is the first digital currency which was introduced in the market and it has build in more faith for all the investors .The fact that all are trying harder to get btc as compared to other available coins is that because the market value of btc is higher than any cryptos available in the market so it is normal for human to go behind something which has more value and rest altcoins value also go down if the price of the btc drops.One of the main attraction towards btc is that it won't take much time for the market value to recover back even though the price is dropping now investors always opt for bitcoins as it the ideal long term investment plan.
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