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361  Economy / Trading Discussion / Re: Do you encourage friends and family to invest in crypto? on: April 21, 2018, 02:43:19 PM
Encouraging your friends and family is really a good thing to do and that if you know something good regarding these crypto currencies and you are investing your money into these coins, then it is your duty to help others as well in getting a chance of making their lives better

Yes, I agree with you mate, so that many could benefits in crypto currency  through investing anywhere we want in crypto, especially in bitcoin. And not just our living lives better it could be much better as long as has a patience and dedicate to invest in crypto currency.
362  Economy / Trading Discussion / Re: Trader or Gamblers. on: April 21, 2018, 01:56:11 PM
In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser.
People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.

As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account.
In the end, only you can chase off the temptation to follow the plan.

I completely agree. Whether or not you are day trading for a large investment bank or day trading from your bed at home, trading is akin to gambling, most especially in the cryptocurrency industry. Everything is so volatile and susceptible to pumps and dumps that are influenced by news, personalities, and even simple tweets. Unlike traditional stocks, technical analysis are thrown out the window and a tweet from McAfee can change your fortune overnight.

It's a big risk but at the same time can also be done right to yield big wins. Probably why so many people have become addicted to it.
in trading you are free to sell or buy bitcoins and if the price falls you are not forced to sell. You can hold your bitcoin and sell then for higher price. Gambling is different because the winning is not in your control and you will lose more than you win, because I know many gamblers who lost all their money property and even business in gambling due to greed of winning back.

It will be happen for those gamblers if they're not concious of their wealth where they were totally get addicted on gambling. If I were them, better to invest in any altcoins which make you feel has a potential to rise rather than gambling that could make you entertainment but in the last made you pain.
363  Economy / Economics / Re: Imagine a cashless society on: April 21, 2018, 01:32:58 PM
this is a little difficult. because the necessary infrastructure does not exist all over the world. maybe 50 years later. credit cards are still not used in many places. cash is still a very important place in trade.
That was near here in my country mate, as of now we can pay bills, we can buy a mobile load and easy cash out money through our mobile phone by using apps wallet for those who engaging cryptocurrencies. But speaking of eliminating fiat and replace digital money well I guess it takes more time before we can be used that. Probably that will happen because nowadays people level up in modern technology used.

Same thing here in our country  mate. We can now pay our bills, buy load, send money & etc by using a wallet app. It's an advantage for those people whose into modern technology. People were slowly adopting the cashless society. But I strongly  believe that it can never eliminate fiat. Fiat is being controlled by the Government,  and for sure the Government  will never allow that to happen. Also, there are a lot of people  who will still prefer to use fiat rather than those digital currency, especially  those people who has no idea of how the digital currency  works.
364  Economy / Economics / Re: surprise 2018 on: April 21, 2018, 12:56:59 PM
OMG! btc prices continue to decline, most likely the price of other coins also decreased.
we need improvement in the face of this situation.
in my opinion 2018 really a lot of surprises.
I agree. One of such surprises we can observe today, bitcoin is almost worth $ 9000. I think that up to 15,000$ we have very little left.


Yeah, finally bitcoin will increases from 2weeks of steady in $8,000 plus, hopefully this will continue pumping by the whole month April and May as a surprise for everybody who is aiming for bitcoin to rise.


I think this is the good start for bitcoin. Let us just hope that this will continue to pump even for at least a month. A lot of us are waiting for bitcoin to keep on pumping, I just hope no one will dump bitcoin once it continuously increase.
365  Bitcoin / Bitcoin Discussion / Re: If Bitcoin die, no more cryptos can alive. on: April 21, 2018, 10:25:46 AM
I do not think so. Bitcoin no longer exists that will negatively impact the Crypto market, but it can not destroy the Crypto market. Bitcoin is a kind of mathematical algorithm. The Cryptocurrency market is built on Blockchain technology. So if Bitcoin is killed, there will be more Altcoin created. There will be another Altcoin, such as Ethereum, that will replace Bitcoin to maintain the Crypto market. But Bitcoin's disappearance is almost impossible. I believe so.

I agree to this. See, we already have a huge market created for crypto or say investment. Even if bitcoin dies tomorrow, that money will still be available to be invested in other options. People have got used to high returns and we will see developers coming with solutions to satisfy that need.

If bitcoin die, then there will be a negative effect on the altcoins price. Some people will lose their hope in cryptos if that will happen. But of course, as of the moment, a lot of people says that ethereum is the next to bitcoin. There will be a high chances of ethereum to increase its price if bitcoin die.

Anyway, I don't really think that's going to happen.
366  Economy / Economics / Re: Why are you saying wait? on: April 20, 2018, 07:25:49 PM
In recent months, the market has dropped a lot. Many people's portfolios have fallen by 50 percent, and the answer is basically waiting.

We can sell it at a higher price and buy when it goes down.

I think we'll lose a little bit less, better than nothing.

If you don't really understand the market sytem of crypto currency, especially in bitcoin then, better for you to quit and try another way investment that might you think good for you. But you may still learn here,all you have to do is be patience and read more about crypto, so that you will fully understand the crypto world.
367  Bitcoin / Bitcoin Discussion / Re: What do you mean when you say Bitcoin is number 1 on: April 20, 2018, 04:17:29 PM
In my perception about why is bitcoin number 1 ever because since It was the first decentralized crypto currency. And all altcoins were just depend of it because without bitcoin they can't convert into direct fiat whatever currency it is. Bitcoin is commonly used for investing in any other coin like etherium and so on.
368  Economy / Economics / Re: Your bitcoin experience, how did it started? on: April 19, 2018, 04:04:52 PM
Well, In my experience I really confuse for the first joined of this forum because I don't know where do I start, but after some of my friends guide me to this forum. I slowly understand it well if how bitcoin was created and I also found out that there are many coins behind bitcoin and that they called altcoins. Now I continue my journey here through joining bounty campaign aiming for a token that might help me to earn a huge profit where possible to become a millionaire someday.
369  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is created? on: April 19, 2018, 03:21:38 PM
Bitcoin is digital currency or known as the father of all crypto currency that has the potential to become the new money or the electronic money around the world. Bitcoin is also the most expensive digital coin and it is almost compare to the gold but why bitcoin is created?
Here are some reason :
* To change the perception of all people about the digital currency.
* To improve the payments and transactions and in the internet world.
* To become the image of money around the world.
* To protect or hides the identity of the user, for security purposes.
* To give an opportunity to all people around the world to earn a secondary income.
* To upgrade the currency because everything in this world is now upgrading.

SHARE YOUR THOUGHTS Smiley
If this post is worth of your merit, Thank you Smiley

In my own opinion, I think Satoshi Nakamoto created bitcoin for the purpose of: The ability to earn profits to those people who think that they don't  have a chance to earn huge profit. To those people who never imagined  that there are other way to stabilized your financial status, other than working or doing business. And to those people who think that they will never have a chance to become a millionaire.
370  Economy / Economics / Re: Three reasons to invest in Bitcoin on: April 18, 2018, 01:29:03 PM
Quote
1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.


These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.

Yes there are a lot of cryptocurrency platform that are really serious about their project and you are very lucky if you find one because the competition in the market today is getting tighter.
every developer team try to give best effort to their project to make investor join in their project. its very difficult to find project that has good team, good concept and good roadmap.

Yeah, All team in different campaigns were try to make a good presentation in order to encourage some investors to engage of their project. That's why you can say its really hard to chose the better one. But if you intend to join a bounty campaign or let we says bounty hunting, It just depends on us if how to analyze their token, if you think that was a utility token then, go and support that campaign through joining their bounties.
371  Economy / Economics / Re: Economy in your country on: April 18, 2018, 12:53:02 PM
If lack of jobs is part of having a bad economy, then the economy in my country is pretty bad. I don’t really like the fact that there are no jobs in my country, I know such is everywhere, but it’s too much in my own country. Young people will go to school, work hard and after graduating they will start facing unemployment. Some of them do end up becoming what they are not supposed to be, some turn to criminals and all those stuffs. You can get job easily if you’re connected to someone that is in politics, or maybe someone that is rich.

You may apply abroad mate and some of your colleagues in your country that has not still yet a job. Don't lose of hope everything will be find, just help each other and try hard to get a job to another country then, it will help your country's as well.
372  Bitcoin / Bitcoin Discussion / Re: Why do we really need Bitcoin? on: April 18, 2018, 12:23:22 PM
For me having bitcoin is optional.
We dont force anyone to have bitcoin. Its their decision if they want to invest in bitcoin.
We can live without bitcoin using our traditional ways.
But having a bitcoin has an advantages because the money that we invest could gain huge profits.
Even theres a risk in it people still choose to invest because they believe in the potential of it.
I definitely agree with your statement mate, It is not necessarily we need bitcoin in order to live well in our life. In fact we can still live even in a traditional ways, as what you said. Its depends on us if we wants to invest bitcoin as long as we understand it well or how it runs as a cryptocurrency.
373  Bitcoin / Bitcoin Discussion / Re: Hotels accepting bitcoin on: April 18, 2018, 12:00:31 PM
https://www.bloomberg.com/news/videos/b/4a0b16dd-6783-4dac-9fa0-76e923c9a774

According to this link, a bloomberg news site, it was mentioned that there are two hotels in LAS Vegas that accepts bitcoin as payment for hotels, food and drinks. If you want to visit this place as a tourist or to gamble and you happened to lost your money to gambling you can always use you stored bitcoins to get a room to sleep and relax and enjoy the food and booze.

If this is true, then I am happy to see this development. I think that as more and more established and big companies and business entities would allow bitcoins to penetrate their market to be used as a means of payment, it goes to show that they believe that the cryptocurrency market and its assets are legit and marketable assets. And hopefully, the whole or the majority of the business sector would come to think the same. It could really help propel the image of bitcoins globally.
If more Hotels will adopt bitcoin as a mode payment then, it will help bitcoin to be promoted and get more popularity. And because of that It mighty many countries will incourage to use bitcoin and implement it as a legal on their government.
374  Economy / Trading Discussion / Re: Sell ethereum or hold ? on: April 17, 2018, 10:10:55 PM
I think the best thing to do now is hold and wait for the price will definitely rise again and will give more profit for us, so be patient then you will get the result
If the current value of ETH is more than the initial price, and if you are a short term investor, you can sell your ETH and enjoy. If you are a long term investor, keep calm and hold your ETH. The prices will defenitely rise in the future and cashing your ETH in that time would pay way better. The current value is increasing steadily ehich is an index to the future value.
You are right mate and If I were him, I hold it long which I wanted to earn a huge profits in the future that it will ultimately rise its value. And its just required a enough patience to survive in holding it long.
375  Economy / Trading Discussion / Re: How to know when to sell? on: April 17, 2018, 09:41:23 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.

Actually its really hard to predict here in crypto currency when our token or coins will rise its value,  In fact that is why its very interesting. You may set your designated price of your coin that you had invested and you must keep monitoring of it, so that you will get the right timing of selling.
376  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH next to BTC? on: April 16, 2018, 10:33:06 AM
I just created this thread to gather opinions ..
Ethereum is next to BTC?

Probably yes because I noticed in our local exchanges called coins.ph where I found out that Etherium was already  part of it. And when I try It, It can able to convert our directly without using bitcoin currency, I was really surprised for that time. That's why I come in my ming that Etherium has big potential to bd the next of bitcoin, since this is usually used from different ICO.
377  Economy / Economics / Re: Best tip on saving money on: April 16, 2018, 09:56:31 AM
Best tip to save money is dont spend to much, dont buy very expensive stuff, dont buy always food just minimized what you spend everyday. Because now a days is so hard to find money. If you have a good job just save always your salary to the next days because no one now what happen next days. So be wised what you spend of.

I agree with you mate because that's what I have thinking it now on how really save a money. You did a good advice from the OP and I think if this will read from him, I assure he will marked this check.
378  Bitcoin / Bitcoin Discussion / Re: Can FUD destroy bitcoin? on: April 16, 2018, 08:41:34 AM
no it cannot, maybe it can affect such fluctuation and trends, but it will not literally destroy bitcoin's status on the market today, this has been proven many times in the past, what FUD does can affect only the people who are just new in bitcoin, but for the people who has witness the rise and fall of bitcoin, whether caused by FUD or not, it is a natural thing when the price of bitcoin fluctuates or even lowered.

I guess, Fud is one of the reason why market value of bitcoin keeps fluctuating because some investors will get believe on it and panic selling their bitcoin funds, especially for those who newbie in bitcoin investment.  And I agree with you, it cannot simply destroy bitcoin just because of the Fud.
379  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin become a daily currency??? on: April 15, 2018, 09:14:35 PM
I have recently written an article about the possibility of Bitcoin becoming currency we will use on daily basis.  so now I want to ask the question do you think we will see if it can be used as a daily currency???  or do you think it will be more like gold a good store of value???
My own personal hope is that we will see cryptocurrencies develop into currencies we will use on a daily basis.  in my opinion, bitcoin will be a good place to start due to the mainstream knowledge about Bitcoin,  but I do not think it's the best-suited kind for daily use and I believe we have a long way to go before it is a viable alternative to Fiat currencies for the majority of people.

For inspirational purposes, I have included my article
https://cryptoms.online/2018/02/27/will-bitcoin-become-a-daliy-currency/

You are right from your one side of understanding about bitcoin as a leading cryptourrency but in Actual at the better technology and better potential we can't go through for every small small transaction with bitcoin because fees that is attached  is high , so how can we use bitcoin in our daily life for small small transactions .
But still if there will be any third party in future for bitcoin wallet then I am sure we will be able to use bitcoin in Daily life but if there be no third party then In that case we should go with another better altcoin like etherium , dash , digibyte  coins will be better option for us .

I agree with you mate, but it just depend in a country if how how they used and accept bitcoin, like Japan country. I don't know how they manage bitcoin as a mode payment in their country, but the fact is they success used bitcoin as like a currency.
380  Economy / Economics / Re: What do you prefer Bitcoin or Ethereum ? on: April 14, 2018, 04:08:37 PM
I was wondering which one was your favorite out of the two cryptocurrencies? I think Ethereum has proved to be more flexible than Bitcoin even though Bitcoin is making the biggest noise

If you just base in investment system well, If I were to choose, I chose bitcoin because I see the potential of it  showing spectacular moves last early December that reaches into $20k. And now I invest it again beleiving that will reach its value higher than before.
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