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1641  Economy / Economics / Re: Do we need regulations? on: February 07, 2018, 03:14:49 PM
I think for the technology behind bitcoin to benefit all the members of the society government need to come in to play the regulation role, if not many member of the cryptocurrencies world will be scammed with a lot of pump and dump token. But when the government step in and regulate the cryptocurrencies market but not to control it.
1642  Bitcoin / Bitcoin Discussion / Re: why all coins are going down..? on: February 07, 2018, 03:04:20 PM
I will advice you to hold because when ever you sell during panic time you will always be at a lost, because you sell below cost price but if you hold for a while the price will go up again that is how volatile the cryptocurrencies market is. When ever there is a drop in the price of bitcoin other cryptocurrencies will follow suit.
1643  Bitcoin / Bitcoin Discussion / Re: You've been scammed. What you can do ? on: February 07, 2018, 02:27:27 PM
Is very hard to recover your found when you are already scammed because this is an online platform and at that you don't have much evidence, it best you just protect your self from being scammed you need to have adequate knowledge about any transactions and programs you sigh up with. Never reveals you secret key to any body.
1644  Bitcoin / Bitcoin Discussion / Re: Will bitcoin end? on: February 06, 2018, 05:44:54 PM
Bitcoin as any other thing in life must surely come to an end, but the end to bitcoin is not any time soon due to the fact that bitcoin has only gotten to 2% of the world people so there is still a lot for bitcoin to cover and as a technology that give us the chance of having a secondary currency in the society I think people will love to be part of a technology that will give them the total freedom in they financial life. And if I should advice any body I think the best time to buy bitcoin is now that the Price is low.
1645  Economy / Economics / Re: wait for bitcoin prices to go up on: February 06, 2018, 07:45:07 AM
Yes holding is the best option for now because selling at this moment will result into loss and the price of bitcoin will increase any moment from now but no one can not really predict what the price will be because of the volatility in bitcoin market. The price has drop below $7000 and may still fall further but I know with time the price will skyrocket again.
1646  Economy / Speculation / Re: How low will this bear trend go? on: February 06, 2018, 07:02:54 AM
Since bitcoin is very volatile one can not really tell the price is will get to before the all awaited bounce back, the negative news all around is deeply affecting the bitcoin market and the fud in the community is discouraging new investors from coming in. The rumors of government ban on bitcoin coming from some countries are all means use to drag bitcoin down but I believe after this blood bath in bitcoin price we are going to see a brighter day in bitcoin again.
1647  Bitcoin / Bitcoin Discussion / Re: Too late to invest in cryptos if you're old? on: February 04, 2018, 07:08:03 AM
If you are old but able to cope with bitcoin technology is not late to go into bitcoin and as a retired person living on pension then bitcoin is the best investment to go into because bitcoin will help you to keep making money while you seat at home in fact you can even make more then you monthly earning from your pension through bitcoin so this is the best time for you old and retired with all the time to concentrate on bitcoin.
1648  Bitcoin / Bitcoin Discussion / Re: What are the advantages of having Bitcoin? on: February 04, 2018, 07:02:57 AM
Apart from the fact that bitcoin is a virtual money and a digital currency bitcoin is an asset with a very high value in the exchange market, bitcoin has that capacity to accumulate interest as long as the demands keep rising bitcoin is decentralized and at that is not under the control of any government or institution so no need for a third party involvement in carrying out bitcoin transactions and bitcoin is a peer to peer method of sending money across borders fast and secured.
1649  Economy / Speculation / Re: Why BTC is down again? on: February 03, 2018, 05:13:22 AM
All this fall and rise in the bitcoin market is all a game by the big actors in bitcoin, when they want to sell they pump in more in other to gain much and the same thing when they want to buy again the created one scene or the other that will make bitcoin user's wanting to rush and sell they bitcoin at a cheap price. So I think this is they game and they are playing it well.
1650  Bitcoin / Bitcoin Discussion / Re: Market feeding from peoples fear on: February 03, 2018, 05:07:25 AM
You are very right with that, in fact they restlessness is causing more trouble to the already troubled boat. The more we panic the more the market will keep dropping and demands will decrease greatly because new investors will be discouraged by the bad news coming from the market and you know what that means, no need for panic just hold on a little while the price will bounce back very soon.
1651  Bitcoin / Bitcoin Discussion / Re: I'm gonna sell my house on: February 03, 2018, 05:01:30 AM
This sound so ridiculous but I believe you are just trolling around if not man that is a bad decision you are about to make, how can you sell your house in other to invest in bitcoin am not disputing the fact that bitcoin has the capacity to turn you into a millionaire in the shortest time to come but what if something goes wrong where will you fall back to?
1652  Bitcoin / Bitcoin Discussion / Re: Who or What is behind this Crash??? on: February 02, 2018, 07:47:53 PM
There's just too many factors for what is happening right now. Facebook started banning crypto adds, due to the majority being scams. All this drama with bitfinex and the tether being backed by USD and then they get a subpoena. The news from India that many turned it into fake news. Just so much negative stuff...
I don't want to believe all those news flying about because there is no official statement to back the rumors up, I think the reason why the market is drooping is base on low demands when the demands are high the price will rise up no matter what any government do or say. Bitcoin is very volatile and at that it price can never be stable and as a decentralized currency it had for any government to control or regulate bitcoin.
1653  Bitcoin / Bitcoin Discussion / Re: Criminality and Bitcoin on: February 02, 2018, 07:36:02 PM
You are right bitcoin has help criminals to be able to pay for they illegal transactions unnoticed and untraceable because bitcoin is decentralized and at that the security agencies are not able to keep watch on it activities, most of the business that take place in the dark market are paid for using bitcoin and even corrupt government officials now use bitcoin to launder money out of the country unnoticed.
1654  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Government. on: February 02, 2018, 07:27:24 PM
Any good government that is looking for a way to grow it economy should look into bitcoin and adopt bitcoin as a secondary currency in they country as this will enhance the eas of doing business within and outside the country, and also help the government to be able to regulates and tax bitcoin transactions and help to combat financial crime such as money laundering.
1655  Economy / Economics / Re: Is the economy situation in your country that bad? on: February 01, 2018, 05:43:10 AM
The economic situation in my country is at the worst state, the government is corrupt and so is all the government officials no jobs for the teaming youths the security situation is very bad killing every day the level of crime is very high. Children suffering from malnutrition and adults dieiing of hunger and starvation. This is the practical picture of what is going on in my country as an underdeveloped nation with high level of literacy.
1656  Economy / Economics / Re: If you achieve your target in crypto field then what you are going to do next? on: February 01, 2018, 05:37:39 AM
I will convert some percentage to my local currency for usage and reinvest some part in bitcoin and on alternative crypto currency like new ICOs, I will try to diversify my investment likevl investing on other sectors such as real estate or gold but that is after I have my bitcoin mining farm working because that is my next target. Bitcoin is a lucrative business and in no time we will all achieve our goals that if we are hard working.
1657  Economy / Speculation / Re: Does Bitcoin stable ? on: February 01, 2018, 05:18:35 AM
Volatility is one of the features of bitcoin so bitcoin price can never be stable due to the fact that bitcoin operate on the economic law of demands and supply, when the demand is high the price will go up and when the supply is more then the demand you see a price fall. Thinking that bitcoin can ever have a fix price that is very wrong if you truly understand the background knowledge of bitcoin and how it operates.
1658  Economy / Economics / Re: why bitcoin is banned by the government on: January 31, 2018, 05:02:00 AM
The government are being deceived by the financial institutions like the central bank due to the fact that the banks see bitcoin as a traits to they existence and at that the only way to bring bitcoin down is through government banning bitcoin, and also government feel that bitcoin can be use for criminal activities since it transactions can not be monitored and control bitcoin can be use to buy drug's, pay for illegal arm and even use to launder money out of a country unnoticed.
1659  Bitcoin / Bitcoin Discussion / Re: Bitcoin became more popular in 2017 on: January 31, 2018, 04:42:28 AM
Yes that is indeed a good news, 2017 was a year I term bitcoin year of mass recognition because bitcoin climbed to the lime light in 2017 and the popularity of bitcoin grow so much that bitcoin became the talk of the town and that resulted into the steady price increase we witness in 2017 and what we are seeing now. The year 2017 was a great year for bitcoin because bitcoin price rise almost 100% from $800 in January 2017 to $20000 before the end of December the same year that was an amazing growth.
1660  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin vs Ethereum? on: January 30, 2018, 06:37:46 AM
I can never choose ethereum over bitcoin due to the fact that bitcoin has some great potential that the ethereum does not have and beside is going to take ethereum a very long time to brake the record bitcoin has created, in term's of price and value bitcoin is way ahead of ethereum despite the fact that bitcoin operate on the blockchain 1.0 and ethereum is operating on blockchain 2.0 it can not still conpatr with bitcoin because bitcoin over the years has sustained it market value.
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