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401  Economy / Trading Discussion / Re: How to become a trader? on: July 24, 2018, 02:32:35 AM
Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.
I think that's the right advice. In addition, we need to have extensive knowledge about the field of investment and understand the market that we are operating. We need to update the situation of the market and predict the trend in the next week and that is very difficult. You should invest in more learning before deciding to invest in any altcoins.
402  Bitcoin / Bitcoin Discussion / Re: New Bitcoin-related scam attempt email on: July 24, 2018, 02:30:34 AM
Hi,

I recently fell victim of a scam attempt and I thought I would let you all guys know. It is very well social-engineered, seems very credible and it really makes you think that maybe your computer was compromised and keylogged.

Basically they claim to have a keylogger installed on your system, to have hijacked the camera and have been able to hijack your screen - all while you - the victim - has been browsing porn sites.

Then I found a link on the internet and it seems that I was just one of many attempted victims:
https://www.reddit.com/r/sysadmin/comments/6txdm2/the_best_scam_email_ive_ever_seen/
https://www.reddit.com/r/Scams/comments/6v2ji9/a_little_blackmail_email_in_my_inbox_this_morning/

The attacker wants some money (ranging from 300 to 350 USD in Bitcoin) sent to some Bitcoin addresses they provide.

Hope you are all well and didn't fall victims!

I did not receive such emails. I think you used it to sign up for some bad sites and accidentally created the opportunity for hackers to break into your account.
Now you should switch wallets and email conversions quickly to avoid the worst case happening. When they have enough information, they can steal all your data.
403  Economy / Speculation / Re: Crypto Market is healthy again! on: July 23, 2018, 04:42:32 AM
While most of the cryptocurrencies are much below their earlier highs but there are newer and newer predictions coming up for cryptocurrencies. But one analyst is predicting a huge rise ahead for Bitcoin—with a forecast for it to reach as high as $50,000 in 2018. Why Is Bitcoin Price Changing So Fast?
That's just the guesswork of the experts and it may not come true. They have the right to free speech on the price of Bitcoin without harming anyone. so they can make predictions indiscriminately without evidence.
We should believe in ourselves, I think Bitcoin highest increase this year will be $ 11k.
404  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins BETTER than BITCOIN? on: July 23, 2018, 04:36:46 AM
Is it possible to happen? Altcoins crushing bitcoin in terms of price, trading, etc.? I am just curious about all of your thoughts, so don't hesitate to reply and get yourself justified Smiley

This is for all of us to gain knowledge between ALTCOINS and BITCOIN.
Altcoin may well be a good portfolio and bring a higher profit than bitcoin but the risk is higher than Bitcoin. Bitcoins often fluctuate very little and altcoins are more volatile.
So the amount of money we receive will depend on market fluctuations and the correct choice. You need to have an analytical skill to make a profit.
405  Economy / Trading Discussion / Re: Making 1% Daily on: July 23, 2018, 04:33:15 AM
Hello,

Would it be possible to make 1% of your capital every day?

This would be 30% in a month, this is a lot.

It really comes to your capital:

1% of 100 would be 1$ daily, so 30$ on a month.
1% of 1000 would be 10$ daily, so 300$ month.
...

Is trying aiming at 1% daily too much? to ambitious?
We can earn 5% or lose 5% in one day. We can not be sure how much profit we will make in a day because the Crypto market is volatile. So to earn 1% per day, we should invest in other areas to make a profit every day. Investment will never be good for making a steady profit. Wink
406  Economy / Economics / Re: what have you sacrificed for crytptocurrency economic growth on: July 23, 2018, 04:27:43 AM
I think we do not sacrifice anything, we are contributing to the Crypto market. We are workers, we work for ICO projects and contribute to Cryptocurrency-related developments. Besides, we also have the money to invest in the Crypto market, which is also a contribution.
407  Bitcoin / Bitcoin Discussion / Re: Bitcoin grows everyday through Shared knowledge on: July 23, 2018, 04:17:15 AM
I came across a quote made by someone on this forum which goes like,'An open mind is one of the best assets when it come to cryptocurrency'.
 This quote got me thinking, to make bitcoin (cryptocurrency) grow everyday in relation to clearing all misconceptions people have, we need to share our little knowledge about bitcoin on this forum. Sharing of  knowledge will create an atmosphere for people to be open minded and also help newbie investors to understand the crypto world and the market. I realized there is quite a great number of very helpful people and resources on this forum.
 What do you guys think? Do you agree with me?
I agree with you. Forum members should have quality articles and often make a discussion about Cryptocurrency better. This will help many newcomers become more proficient in the Crypto market and they will have new ways of doing business in this market.
We should help each other to get rich. Grin
408  Bitcoin / Bitcoin Discussion / Re: Costa Rica, Workers to Paid in cryptocurrency! on: July 23, 2018, 04:12:22 AM
https://news.bitcoin.com/costa-rican-workers-can-be-legally-paid-in-cryptocurrency/

In this article we can read that a new breakthrough in bitcoin economy is realized. We are always talking in this forum of the possibility of workers being paid in bitcoin or in any form of cryptocurrency. Finally the government of Costa Rica is now on the move of making that dream a reality by legalizing cryptocurrency as part of the salary of the workers.

The real question is, if this trend will become successful in long term or will not last long?
I think paying with Crypto is not a trend. Because the business owner is holding a lot of USDT on the exchange and they just want to transfer the money quickly without spending time.
Crypto payment is probably a new thing but it will not be a trend. Because there are relatively few countries involved in this market.
409  Alternate cryptocurrencies / Speculation (Altcoins) / Re: bitcoin down, altcoin rise. why? on: July 22, 2018, 03:01:19 PM
I do not understand what happened to some altcoins, I know that when correction, red altcoin dominates the crypto market.

but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
 
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!
I think it depends on the pumping of each altcoin. There are many who say that Bitcoin is rising, the market will rise or vice versa. That is true but there will be some altcoin pumped in when the market goes down, so there will be some strong rise altcoin at the time the market goes down.
You should be familiar with this in the Crypto market as it happens frequently.
410  Economy / Economics / Re: What would happen to banks? on: July 20, 2018, 07:53:21 AM
If ever the world is to shift to cryptocurrencies, I for one thinks that this is not the end of the banks. State-issued cryptocurrencies will still be regulated, manned, and controlled closely by banks and if anything, they can do things easier and quite effortlessly since they only need to change some figures in the code and voila! Magic internet money is created out of thin air, a few clicks and a few inputs! Banks would be the kings of a centralized cryptocurrency, just like what they are already doing in the realms of a fiat-powered world today.

I cant say based on the knowledge I have, if there is any industry that is moving rapidly in terms of technology, its the bank and they are doing it aggressively. The reason for that is they finance any project that comes their way and you don't get to finance from them without first giving them your idea they in turn have the money to hire the best programmer and software specialist who will develop the idea into something they themselves can incorporate into their activities without any stress.

The point it, banks will still continue to be relevant and even rely on the blockchain to increase their penetration by the time they launch, they would come up with new slogan about how safe it is to use the blockchain for banking transactions.
I think banks will find ways to work well with Bitcoin or, more broadly, Crypto. Bitcoin with its blockchain technology has proven to be effective in terms of time, cost, and safety. Banks can not ignore this.
411  Economy / Economics / Re: Gold & Silver are safe than bank deposits ?? on: July 20, 2018, 07:48:48 AM
Exactly, bank deposits may be lost if the bank collapses. But for gold and silver, holding them is the safest and most stable compared to other types of assets.
If we see this world with such one point then yes there is nothing better than gold and silver. They are running as assets since long time and for now, they become more than diamond. People are investing in them and some are holding so that better time can be fruitful for them when they start selling them. But bitcoin is of same importance right now. Do try them.
I think gold and silver are not necessarily safer than bank deposits. Every thing has two sides of it. Gold, silver allows you to manage your assets with your own security plan. Safety is determined by your management. Bank deposits will be managed by someone else and you have to trust that it is kept safe.
412  Economy / Speculation / Re: Are you now going to hold when the market is red? on: July 20, 2018, 07:42:49 AM
All of a sudden bitcoin jumped from 6.5k to almost 8k today. I believe those who made panic selling are very disappointed now. This is the reason why i said bitcoin investment is not only about risk taking. Am pretty sure no old member sold thiers at that cheap. Sometimes experience counts. Never think bitcoin is gonna die
Experienced bitcoin holders will never give in to panic and will not sell it at a low price. Bitcoin will definitely grow. Everyone should understand that this is a long-term investment.
I will not sell Bitcoin even if it is down. Bitcoin's prices are on the rise and promises not to stop here. I have patience and trust in the potential of Bitcoin. This results me as a sweet reward. Bitcoin is now very hard to buy because it has a pretty high price. Make the decision very carefully.
413  Bitcoin / Bitcoin Discussion / Re: Why bitcoin requires approval from countries ? on: July 20, 2018, 07:34:49 AM
Bitcoin actually doesn't require approval to be used anywhere. You can use it as long as you have internet connection and a device.

Countries "approving" bitcoin just makes it actually legal to use and accept for merchants.            correct me if I'm wrong

Yes you are totally right, i think the exactly same. The goverments don't want to miss taxes about cryptocurrencies anymore. Everyone is using bitcoin nowadays and the number is going high everyday. I think in near future all the goverments will accept crypto moneys and will have the taxes. It will be the way i guess..

The legality of bitcoin is very much the governmental way to make money of cryptocurrency. Its a legal, go signal for businesses to adopt crypto while at the same time some of this share will go to governments via the tax system.
Bitcoin needs a strong investment to become more stable and attract more users, making it more popular. Bitcoin therefore requires approval from the states. This is an important step for Bitcoin so that it can thrive in the future and realize its full potential.
414  Economy / Economics / Re: Government regulation on cryptocurrency, GOOD or BAD? on: July 19, 2018, 10:34:04 AM
Once the government has intervened in electronic money, it is never good, they always try to tax and put some regulation into the market. So I do not much care when the government intervenes in the crypto.
I think government regulations for Bitcoin have two sides. It depends on the perception and the correct understanding of this electronic currency. If they are to create a playground with many favorable conditions for Bitcoin to develop legally, then no problem. But to limit it to being more controlled, it's not good.
415  Economy / Economics / Re: Does Bitcoin affect world trade? on: July 19, 2018, 10:22:23 AM
We can not say that it has completely influenced so far. But it continues to affect. One day a revolution can take place literally.
Bitcoin, with its convenience, has opened the way for world trade to add new ways of trading that they have not had before. It has had little or no effect on world trade. It will also have a greater impact on world trade, but also on the positive effects of asset management and more.
416  Economy / Speculation / Re: Bitcoin has really come back? on: July 19, 2018, 10:17:24 AM
Bitcoin prices have rebounded to over $ 7400 today with large volume trading. Normally, bitcoin prices will increase sharply at the end of the year and this year will be no exception, a lot of good news has been released and the movement of the market is very positive. If nothing changes I believe the bitcoin price at the end of this year will continue to peak as many people expect.
Well it didn't go away so why will it be back? In any market, there's always a trend where demand maybe bearish or bullish. Bitcoin may have rested for a short while but during that stage I would say its a good time to start filling up your bags with more BTC as BTC is preparing to take off. Yes, end of the year or the 4th quarter of the year is the time where price of BTC is good. So if you have extra funds, go buy some more and enjoy the profits on the 1st moth of 2019.
The main rule of investors is not to buy prices at the peak, and this is just the peak before the correction.
Bitcoin is rising and that is a sign that it is coming back. This will be a good news for investors who believe and keep their Bitcoins in a volatile market. This is probably just the beginning and Bitcoin will be able to set a new peak higher than before.
417  Economy / Economics / Re: Why lot of countries do not allow to use Crpto? on: July 18, 2018, 01:57:16 PM
Governments tend to gain as much control as possible usually. The decentralized nature of crypto is against their motivation I guess
The banking system has existed for a long time and is easier to manage for states in many countries around the world. They can profit from it and hesitate to change the management system for this new kind of technology. This ban is probably the time they want to spend planning to exploit this e-currency more effectively.
418  Economy / Economics / Re: Why do older people like investing in Gold/Silver? on: July 18, 2018, 01:51:57 PM
I think they see these as the real asset that do not depreciate with time, so they feel more secure about it. And their generation is use to the gold and silver as been the real valuable asset of security.

Not just old people who want to invest in gold and silver, including young people because this kind of asset is very valuable it increase every now and then its value never depreciate always increasing, and yes its real asset.

Gold and silver have been a constant in everyone's life's, unlike bitcoin which is therefore considered less safe or even deemed unsafe by some.
Gold, silver is always a safe choice in asset planning. That's why older people are eager to invest in it. Bitcoin has appeared almost 10 years ago but perhaps this technology is still new and unpredictable for them. Actually Bitcoin is unpredictable with people investing in it.
419  Bitcoin / Bitcoin Discussion / Re: What factors scare others from investing into bitcoin? on: July 18, 2018, 01:46:22 PM
Людей пугают большая динамика, искуственный ажиотаж, не удачные примеры инвестирования знакомых и друзей,
The factor that I think makes others afraid to invest in Bicoin is the price and unpredictability of it. Although price fluctuations are getting smaller, that makes Bitcoin investments more detailed and informative. Small changes can also hurt investors.
420  Economy / Trading Discussion / Re: Altcoin to Fiat on: July 17, 2018, 02:34:02 AM
How large of a demand do you guys think there is for altcoin to fiat services direct. Instead of Altcoin to BTC/ETH ?

Very curious to hear thoughts. Thanks
I think that idea is too complicated. We keep the normal trading mode, it will be better. Because traders are so accustomed to such transactions. Everything will be very stable and transactions will have a high success rate because they are familiar with the transaction.
So I do not appreciate your trading method.
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