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1  Bitcoin / Bitcoin Discussion / Re: Crime funded by bitcoin on: January 28, 2018, 06:37:36 PM
Crimes like tax evasion and money laundering? Government should act faster in regulating cryptocurrency before it gets out of hand. Terrorist being funded by bitcoins, kidnappers asking for bitcoins as ransom...
Seriously,you think bitcoin is the only way for criminals to deal things,terrorism and money laundering is going around for a very long time,even before bitcoin and now everyone wants to put their hands on bitcoin to blame,that is just weird. Criminals will always find a way to do their activities.
2  Economy / Speculation / Re: Loss or Profit? on: January 27, 2018, 10:17:53 PM
Most of the players here started out with bitcoin when the price was way below thousand dollars and it does not even matter how the market reacts now,unless and until the market goes back to the old levels ,there is no panic from my side as i have made a good profit with it and sold some coins for me to take care of my business even if i can take some risks here and there. Grin
3  Economy / Economics / Re: Cryptocurrency Banks: needed? on: January 27, 2018, 09:26:22 PM
How can the whole system function properly without cryprocurrency banks, which are anyway somewhere on the border between the real and crypto worlds?
Why do you need a crypto currency bank in the first place,let us have some argument on why we need one,if you are looking for a loan and hedge crypto currencies for fiat cash,and then you will finish off the loan in due time,first and foremost thing you have to remember is,selling the coins at that price is much more profitable than looking for a loan with it,because you will be getting less than sixty percentage of the market value or below that because of the volatility.
4  Economy / Gambling discussion / Re: Gambler's mindset! on: January 27, 2018, 08:55:39 PM
I have tried to think what goes through my mind when ever I am trying to place a bet. I think something strange do happen to me and that is I always have this thinking that what if I lose, how am I going to feel! I have never want to lose in my mind I want to win always but I think this is impossible. Gamblers here did you always want to win all your bet? If you win all how will the gambling company makes profits?
Gambling is not rocket science,it is a fun procedure ,but make sure you gamble sensible as you are risking money in order to have fun,have you seen any sites where people are winning all the time and if that happens,we would see many millionaires and the gambling industry would shut their doors and that is not the case as they are making huge profits.
5  Economy / Gambling / Re: Primedice | Creators of Dicing 🎲 | 20 Billion Bets | 111+ BTC Jackpot! on: January 27, 2018, 06:15:19 PM
Not all high rollers are early adopters, some of the high rollers buy bitcoins to gamble. he might've bought it who knows, we can't say for sure. Roll Eyes
So do you really think that millionaires will sit in front of a computer and play millions of dollars worth of coins which they invested ,i really do not think so,they will head out and play in a real casino if they are dealing with millions of dollars and most of the players online who wage big amount of money are actually early adapters . Congrats on the crazy win.
6  Economy / Exchanges / Re: Coincheck confirms hack on: January 27, 2018, 11:15:02 AM
There seem to be a greater hack than that of Mt. Gox and an estimated loss of $533million in cryptocurrency. Are we going to constantly experience theee hacks now?
It is really unfortunate to see a major exchange being hacked and this is the greatest loss we have till now and from what i hear the exchange is to be blamed for this big loss and NEM was not responsible because they did not take advantage of the security measure they had to take when they were holding these kind of amounts.
7  Bitcoin / Bitcoin Discussion / Re: MSN article on BTC and taxes. on: January 26, 2018, 10:51:47 PM
Everyone should stop paying taxes, let the us government sell its bitcoins to get its money ,then they will be forced to raise the price and that is good
How do you propose that,if you stop paying your tax then you will be facing some consequences because of that,either you have to pay a huge fine to sort that out,all the countries are planning to come up with regulations and even now we are paying taxes for the amount of coins we are selling,i am personally filling my taxes for the profits i get through trading because i do not want any trouble .
8  Alternate cryptocurrencies / Speculation (Altcoins) / Re: bitcoin or ripple ? on: January 22, 2018, 12:03:45 AM
To start with, we should know that bitcoin is use to invest and ripple is use for currency ,I think it depend on what you need from them important but ripple is full of risk for me.
There was a time when bitcoin is the ultimate currency and with time and more users ,it is impossible to see bitcoin as a currency which can be used on a daily basis,the higher transactions charges made micro transactions impossible and hence the dream of having a currency vanished but i am not getting ripple instead of bitcoin.
9  Economy / Speculation / Re: I BUY GOLD OR BITCOIN? on: January 21, 2018, 11:57:46 PM
Gold and silver as currency will be better.
Are you planning to go back a century ,using gold and silver as a currency,hope you are having your medications  Tongue . If there is an option between gold and bitcoin,i would go with bitcoin because you wont get the market valuation when it comes to gold and even bitcoin has transaction charges but i am sure i will get my investment if the market is growing.
10  Economy / Speculation / Re: How far Bitcoin price will drop? on: January 21, 2018, 11:51:09 PM
We're seeing Bitcoin is in a dip. I'm planning to buy Bitcoins during this period and tell me your suggestions how far the price will drop and how long it will fall?
It is really difficult the predict the exact fall and how deep the bear market will go,but the last market crash took the price below ten thousand which is a sign that we would see the price below those valuation if there is another FUD in the market and if any country bans the trading of cryptocurrency then we might go back to five thousand dollars.
11  Economy / Economics / Re: Order of shooting back up. BTC first? on: January 21, 2018, 11:40:18 PM
I am looking forward to hear your opinion. In case (and this is my expectation) BTC goes up first, it might be wise to allocate your funds in this way!
Last year the price of bitcoin had a good rally,so we will see some consolidation this time around and i do expect that the alt coin market will start moving this time around and i am expecting that to happen and the growth is promising by the way the market is reacting from the start of this year,most of the alt coins started moving and hopefully all of the alt coins will give you a good return.
12  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Jio coin -pros and cons on: January 21, 2018, 11:25:35 PM
Hi guys if you are reading international news ,Indian billionaire ambani they are going to launch a coin called jio coin
pros- They are strongly backing our government ,so government might use it or support it
cons-It will be like ripple ,centralised and infinitive numbers
ps:) the reason i put it here instead of indian sub forum,international community should be aware of it ,thanks
So this is going to be huge for the Indian market and i am sure they have close ties to the government as they are big players in India and his name is listed in the forbes richest persons and hence they will implement legalization for crypto currency ,as earlier there were rumors that they will be banning bitcoin.
13  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Basic Attention Token (BAT) will be a new top coin? on: January 21, 2018, 11:09:49 PM
This coin still disappoints me. I was trusting it like hell. I planned to buy good amount like $3000 something. But it still sits around ath cause of market. I cannot see future with it anymore.
The project started out as a hype because of the development team behind it and everyone trusted because of that,if you are planning to invest it is good to invest a small of money and hopefully if the projects starts full fledged we could start seeing the price of BAT moving up,it is the best time to invest in it.
14  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum 2k USD in February? on: January 21, 2018, 09:23:46 PM
I think that Ethereum price $ 2k is really possible at the end of February. I HoDL ETH and still buying..
It is easy to speculate a price above those levels and one thing i can tell is that it wont reach those levels too soon in less than a month,it might reach those valuation at a later time but ,i do not expect to see it in a short period of time,in my opinion the price of ethereum has risen so much in the past few years than expected .
15  Economy / Gambling discussion / Re: I always lose all my tokens and btc on gambling~ on: December 31, 2017, 10:54:39 PM
You probably would have done better had you invested or even traded your coins instead of gambling. I hope that you learned your lesson though as it can't be helped, what happened can't be undone.
The reason people gamble is to make big amount of money in a short period of time and the thrill of waging your money and you wont get that kind of thrill in any form of trading.  Tongue If you think that gambling is not meant for you,why the hell bother to do as if it is a compulsory sport for everyone to participate.It is all about luck that you win some.
16  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum To Be $5000-$10000 in 2018? on: December 18, 2017, 12:31:25 AM
I really do not see that kind of rally coming up in ETH,it had its rally in the past,when it was below ten dollars and had a big rally when projects started using them and now we have reached over $400 which i think is a pretty decent valuation for the coin which has no limits. The best valuation i expect is $1000 and not more than that for now.
17  Bitcoin / Bitcoin Discussion / Re: Why are so many people against bitcoin? on: December 18, 2017, 12:21:56 AM
Because they are sorry they didn't buy it 2 years ago and didn't become millionaires Smiley
The window of opportunity was much greater than two years,the rally above ten thousand started recently and even if you invested a month back you could have made a huge profit by now.There are many people against bitcoin and those are bankers and traditional investors who think that bitcoin will ruin their business model as people will be investing in bitcoin and the alt coin market.
18  Economy / Economics / Re: Who is behind the inflating value of Bitcoin? on: December 18, 2017, 12:00:45 AM
The mass, the banks who want to control it,  but who hold the most bitcoins, it would be interesting to see if it's possible to control the mass now the bitcoin is owned by so much people
How come the banking system will manipulate the price of bitcoin,the recent rally is backed by investors and for the first time we never had any bad news coming out regarding bitcoin and so is the reason we are having a rally for a very long time and that is the reason the price is inflated to the levels we have never seen before.
19  Economy / Speculation / Re: 30,000 for the brilliant end of 2017? on: December 17, 2017, 11:53:35 PM
The speculation that pushed the price around twenty thousand is because of the derivatives market and it will start on 18th and after that,never expect big rally as people might be selling off their coins when they are taking a vacation and either the price will stable itself or we might see a correction after these news. Grin
20  Economy / Speculation / Re: Bitcoin Price by January 2018 on: December 17, 2017, 11:18:27 PM
I am pretty sure that in the start of January we will see the price of bitcoin at $30000 or more that that. I am say that because there are coming two festivals and in both of these we can see the price of bitcoin boost up much higher. One is the Christmas when the price will increase up much higher and the other is the new year in which we can see again the price rising so the chances are obvious.
It all depends upon how the derivative market will thrive,i am sure there are big time investors and they will be manipulating the price and it depends upon how they are going to go,we will see how these things will go by new year and we will have an idea how the market will proceed from this stage,i do not expect the market to move higher this fast again.
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