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1221  Economy / Gambling / Re: Investing in btc casinos on: November 19, 2017, 12:21:24 AM
Hello!

I've got a few coins on the side and I'd like to make them work.
Which gambling site do you advise me to invest in the bankroll?
Just-dice is probably the most trusted dice website in the Bitcoin space because the owner is very active for a long time. Mega dice it’s been in for a long time and I think we can trust it.
1222  Economy / Economics / Re: BTC is a roller coaster on: November 18, 2017, 11:12:23 PM
Yes i agree that bitcoin is really a roller coaster ride for its value have its ups and downs.Like a wheel that keeps on rolling.Its value rising and then the othet day its just fast falling.Really can not imagine how will it go.
I enjoying this unsteady nature of bitcoin and I am sure that it is becoming popular just because of its volatile nature. It is just because of unstable bitcoin prices that it often touches amazing values and create remarkable histories.

Bitcoin should never ever move on a straight line, ups and downs create beauty and they also seem natural as we also face many ups and downs in lives.
Of course bitcoin is a roller coaster because bitcoin is the top currency and therefore a lot of people invest in bitcoin but without trusting and believe on the future and price of bitcoin, that’s why bitcoin is like a roller coaster.
Agreed, maybe because of the fluctuations happening with the bitcoin it might be termed as roller-coaster. With roller coaster however high we move, at some point it reaches down. Bitcoin too shows similar characteristics and its our own effort to profit at the best point before reaching low.
Comparing BTC as a roller coaster is much alike because of its unpredictable value which is too fast to increase and decrease. Crypto world is full of adventure because its fun in terms of making profits through trading, gambling and bounty campaigns.
1223  Economy / Economics / Re: 99% of the people still think that fiat money are better than crypto on: November 18, 2017, 11:49:55 AM
I was talking with a friend of mine about cryptocurrencies and he said:
"Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money. Grin"
Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions?

Well, even 1% of the people is more then enough and you will see that the number will go up significantly with time. This is depending the usage of cryptocurrencies. Maybe some countries will start to use them instead of their national fiat money, who knows.

That is true, even 1% makes a big difference. Crypto is like a virus that keeps spreading around the internet. Maybe for now people still in favor of fiat but will see in the near future that crypto will dominate over fiat.
1224  Alternate cryptocurrencies / Altcoin Discussion / Re: bitcoin fork in december on: November 17, 2017, 09:39:37 AM
news is coming after b2x fork there is another  fork in december named with bitcoin silver what u think obout it?

Many big companies trying to attemp bitcoin to be controlled but bitcoin community disagree with the segwit2x because it will make bitcoin not to be decentralized. So this news that btcsi will be coming this December is yet just speculation, so for now just be observant and be always updated.
1225  Economy / Economics / Re: Massive bitcoin manipulation possible? on: November 17, 2017, 08:14:15 AM
Would it be possible for a group of extremely rich billionaires & other powerful individuals to manipulate the bitcoin market? e.g. Pump and dump, exposure to news networks, lobbying for favourable bitcoin regulation,etc Huh
Not only during the early days, but also today some are accused of attempting to manipulate bitcoin price. One must own tens of thousands of bitcoins to be able to move the market. Roger Ver is a prominent example of someone who could manipulate bitcoin’s price. Roger is rumored to own around 300,000 bitcoins.
1226  Bitcoin / Development & Technical Discussion / Re: why bitcoin mining difficulty is increased? on: November 16, 2017, 12:49:15 PM
This happens all the time. The difficulty goes up, the price goes up. The price goes up, the difficulty goes up. Hashrate goes up, the price and difficulty both go up.

You don't mine to earn dollars, you mine them to earn bitcoin. Don't pay attention to roi calculators. Just know that you have a machine that makes btc for you and you got it at a set price. You run that machine at a set price, too, but the bitcoin price keeps going up.  Don't worry about what the coins you mine today are worth today. Think about what they might be worth next year.
Well, i should agree to this. Because once we mine today it will not cost as like what it will be cost on the future, when mining, always think for the better future and think for the price of a bitcoin in the near future. If bitcoin price today is $6500 then think of that bitcoin price will increase up to $10k or more.

I also do not always pay attention to ROI, as long as I can do the maintenance system then one year is not an important time to get the initial capital, the ever-changing difference with the harder blocks makes the system stronger, it will extend the mining time. What we need to consider is the system of care and regulation on a regular basis.

Bitcoin mining difficulty is periodically adjusted to ensure that block time stays at about 10 minutes. As more mining capability is brought online, difficulty will increase accordingly. Difficulty also increased because more miners are now mining bitcoin so the reward will get smaller and smaller.
1227  Other / Off-topic / Re: Bitcoin community is rising. on: November 15, 2017, 12:57:02 PM
What do you think a about it? is it good or bad for bitcoin?

Yes it is true, this is just because of social media and the people who are supporting bitcoin. Bitcoin also prove also that it's is not a scam and many more investor already shared their success. It's not a surprise that bitcoin community is keep rising because many of us now slowly adopting the new currency.
1228  Economy / Economics / Re: Mining coins save or sell it? on: November 15, 2017, 11:22:56 AM
Save and sell. That is the point!  Wink
You should give the suggestion because you are asked for the help here I am very sure all the people are going to like the bitcoin saving because the value and the price of the bitcoin is increasing with the time, it is not good to sell the bitcoin at the low price and then cry for the low income I hope you got my point that the saving of the bitcoin is very important because thousands of the people are now saving the bitcoin.

It depends on how you use it, but for me it's best that you devide what you mine and save the rest. Sell only if you really urgently need it. Saving some coins will give you a chance to earn some enough profit if you have patience to hold it for longer term.
1229  Bitcoin / Project Development / Re: what do you do when your idea is taken ? on: November 14, 2017, 12:01:15 PM
Launch it because cowards have no place for successful people in this world. There's a lot of people who started the idea first but those others that comes after manage to knock them down. Nokia is the top brand when it comes to mobile phone long ago but now Apple is leading the way.

In this kind of situation, I will make this negative to be positive. I will challenge myself to improve what my idea that has been taken. Never give up even failures come because failure will lead us to success.
1230  Economy / Economics / Re: Bitcoin Futures Sparks Fears For Financial Crisis on: November 13, 2017, 10:05:32 AM
This is a great thing for the Bitcoin network as the money that will be coming in can only affect the market so much. Over half of the bitcoins have already been distributed and the majority of people that have them are holding them for the future. This is why no matter how much money comes in they cannot tamper with the system. It will only make Bitcoin more desirable.
Yes the bitcoin is the different system then the other it has the own way and the rules if you will use the bitcoin at the rules and you will see how fast the bitcoin grow and the process of the bitcoin is not very tough as now all the people are taking the benefit from the bitcoin for the crises and this is the thin will give you the best benefit from the bitcoin at the low time and the income of the bitcoin will be more than this.

Bitcoins futures really have many negative speculation due to very high level of currency. Many individuals worry about what will happen in bitcoin, but one thing for sure that bitcoin will never be going down. This report for financial crisis is due to the upgrading of bitcoin which means bitcoin will be divided into two. But currently, bitcoins community don't want this to happen.
1231  Alternate cryptocurrencies / Altcoin Discussion / Re: When ICO rush will stop? on: November 11, 2017, 11:52:50 PM
I think ICO rush won't stop unless people are cautious in investing in ICO.
Because it is not that hard to create a fake whitepaper and team.
There are lots of Scam ICO's who got million of dollars from Crowdsale.
For that reason people are not noticing the real and good ico.
And few Government's are also trying to regulate ICO.

ICO still will continue because we believe that ICOs are truly revolutionary and will continue to evolve and will become an amazing vehicle for developers, entrepreneurs and investors who are looking to innovate and change the world by just showing their concept aka a whitepaper. It's our decision how to choose the best ICO, we have to be very careful and always check the background of the team creating the ICO.
1232  Local / Pilipinas / Re: Bakit Di Kayo Magtrading? on: November 11, 2017, 10:32:13 AM
Ang pangit lang kasi sa trading para saking opinyon ay pag mababa ang perang i-invest mo sa coin ay mababa din ang kikitain mo,
Para sa akin magandang mag trading pag malaking pera ang ipapasok mo para dito.

Sa mga nababasa ko parang sugal na ang trading kailangan may ilalabas kang pera minsan panalo minsan talo,meron talaga mga ganung tao mga malalakas ang loob pumusta pag nanalo masaya pag natalo mas malaki pa sa napanalunan,ako kontento na ako sa maliit na kita ako na lang didiskarte sa sarili kong paraan kong paano kopa ito mapalago,mahirap kitain ang pera.

Hindi lang parang sugal ang trading kundi purely sugal sya kasi talo at panalo ang pinag uusapan nito. Ang trading kasi hindi madali kasi dapat maging updated ka sa market at magaling kang mag analays sa mga data.
1233  Alternate cryptocurrencies / Altcoin Discussion / Re: Investing in ICO, still promising? on: November 11, 2017, 05:29:30 AM
I think it depends of ICO project, so be careful, always do research first before deciding to invest in an ICO. always do research first to the project concept, the development team, the performance of the team, its track record, and others related to the project's interests.

Yes it depends on which ico project which you are going to invest. A lot of ico project are rising each day and it's up to us now how much effort will we put to research on their team, their road map. But if we managed to get on the right ico project i think we will profit a lot from it.

Many ICO has been created almost everyday, so and it's very difficult to choose which of them will be successful.So to be sure search the team behind that project and their history background.
1234  Economy / Trading Discussion / Re: What's your trading style? on: November 11, 2017, 03:12:27 AM
I buy the new altcoin that is in pennies and hold them for a predetermined price to sell off and wait for the price to come down and the enter again.
It seems that you are a wise man. The real technique behind a successful trader is indeed to buy low and sell high. You trade in terms of altcoins and I think that it is more preferable than using BTC for the sake of trading because if you unluckily face a loss, then obviously it would become a difficult for you to recover from it. I myself have spent many years trading with the altcoins and have earned a lot through this method.



Trading style can be achieved through our experience about losses and profit.Trading is easy to understand but very difficult to execute, you only have to buy low and sell high.
1235  Economy / Economics / Re: Can we totally eliminate all the banks in this world? on: November 10, 2017, 11:23:38 PM
I don't think so for the next few decades, any country would require banks to handle financial or currency matters, banks are entity that are crucial for any country foundation as they managed assets and fiats we are using professionaly. Solely rely on cryptocurrency/block-chain is overly ambitious and not favorable to the world, even though everything regarding monetary transaction could be soon automated by blockchain technology that eliminate middlemen, banks are likely to exist as long there are fiats in the world.

Yes i do agree with you because without paper money, the criminal class would have to use banks, greatly increasing their chance of detection, or use a vastly more troublesome means of exchange. The increased oversight raises privacy concerns for law-abiding citizens, but experts point to a big societal payoff. Government also concerned about criminal activity so banks will still remain and can not be eliminated.
1236  Economy / Trading Discussion / Re: Which knowledge is important for crypto trading? on: November 10, 2017, 10:44:02 AM
First of all, learn how to separate the scams from the deeply underpriced currencies. Then use proper risk management and play the odds.Cryptocurrencies were created by super nerds. You don't need to know how to code, but if you are not good with computers you may want to stay away from cryptocurrency trading, at least until they start building more user friendly interfaces.
1237  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do some ICOs not allow American investors? on: November 09, 2017, 12:02:48 PM
Most foreign brokerage houses and banks refuse to deal with U.S. persons because of the onerous compliance requirements.FATCA requirements are so restrictive and obtrusive that many foreign banks and financial institutions just refuse to do business with American customers. Also, the tax law and compliance policies are being applied to cryptocurrency ventures which formerly seemed exempt.
1238  Economy / Trading Discussion / Re: Trading strategy before the fork in mid-nov on: November 09, 2017, 10:10:28 AM
The hardfork has been cancelled and is going to hold in another day. I think the best thing to do now as  traders is to keep buying altcoins from the current profit we have make from the current pumping. Bitcoin cause the inflow of coins from the altcoins market to bitcoin and now I believe traders are going to convert they money back. I have see the following coins get pump in days to come : ethereum,  litecoin, ripple and bitconnect.

The segwit2x has been cancelled due to some reasons, SegWit2x backers couldn’t convince enough people in the bitcoin community to make the SegWit2x blockchain the new mainstream bitcoin blockchain.So no need to worry for now.Just be updated about the marketflow and monitor the btc price.
1239  Other / Off-topic / Re: Bitcoin is not gambling on: November 09, 2017, 08:06:14 AM
It depends how you understand and use bitcoin.By defintion itself Bitcoin is a worldwide cryptocurrency and digital payment system and can also be held as an investment.When you invest it means their is a risk of losing some.Gambling define as to risk losing (something valuable or important) in order to do or achieve something so for me bitcoin is a gambling.
1240  Other / Beginners & Help / Re: Does Bitcoin work for online shopping? on: November 08, 2017, 10:43:21 AM
What kind of silly ass question is this?


Bitcoin only exists online. If not for online payments, there would be no need for bitcoin. this is so many 1s and 0s. with no real world utility besides being a payment medium. what good is bitcoin for anything else other than online shopping?

and im purposefully conflating selling bitcoin wfor fiat with online shopping. but if you look at it, is ther really a difference if the fiat is spent on the same products? this is coming from a guy that lives on crypto, and hasnt had significant fiat in a few years Wink


bitcoin. pretty fucking cool. but not a complete solution for a cashless society Wink

Quote
Bitcoin only exists online. If not for online payments, there would be no need for bitcoin.
bitcoin is not only exists online but also it can be used now offline , most countries these days are already legalizing it as payment substitute to fiats.


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no real world utility besides being a payment medium. what good is bitcoin for anything else other than online shopping?
bitcoin has many uses both online and offline not only for payment purpose but also for trading, selling, investing, mining, etc. bitcoin can do many thing  and  good for anything not only in online shopping.

Quote
bitcoin. pretty fucking cool. but not a complete solution for a cashless society Wink

yeah bitcoin is pretty cool and soon it will replace the fiat and we will become a cashless society.



Its still impossible that we could have a cashless society.Fiat must be still in because its the basis of crypto currency.How can we make profit if fiat will be gone? So it's still impossible without fiat.And yes bitcoin is really working for online shopping and it's happening right now.
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