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141  Economy / Trading Discussion / Re: What's your current strategy? on: May 18, 2018, 06:02:58 PM
Buy and hold?

Cryptodabbler?

Day-to-day trading?

Big bets enough to play the market?

Other? specify.

Please provide a quick explanation of the choicie of your strategy.

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Hi there ochysp! Every one of us has a different strategy to how to earn an income on the cryptocurrency.  I must prepare to the buy and more than a day to day trading. Buy and hold is mostly easy one compare to the day trading, but the buy and hold is a risk, but you can handle the situation. I also do the trading but not day trading, need to spend all your time to manage it well. I don’t want to try the gambling because most risky it so faster to lose and win but you only depend on your lucky days.
142  Economy / Economics / Re: why do people agree to pay taxes? on: May 18, 2018, 05:42:08 PM
why is it ok for a group of people calling themselves the government to force everyone to buy their services?
if enough armed people refused to pay and told the government to go fuck itself there is nothing they could do.

Hi there Robert Paulson! If you are in the situation like this you will pay tax evasion in your earning on the bitcoin or the government will ban the cryptocurrency on your country. So If I am will choose to pay income tax. The Bureau of Internal Revenue is one involved on this. They collect the income tax for the improvement of the country and to build a school building, road, and hospital for us. The government uses all the collection to maintenance and improvement of the country, but some person is corrupting it.
143  Economy / Trading Discussion / Re: I'm a beginner, I want to start trading. What should i do? on: May 18, 2018, 05:21:09 PM
Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000€/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
    Hi there Phoenil! Before you enter the world of trading, you should have knowledge regarding this activity. Prepare yourself about cryptocurrency

2) Which platform should I use?
    There are a lot of platform choice the platform that makes yourself comfortable and easy to do the trading.

3) How can I analyze the Altcoins?
    To analyze the altcoin, you should read the whitepaper and study how it works. Check their platform to the public. What is the purpose of your choice altcoin

4) Auto or Manual?
    Auto and Manual is excellent. It depends to which you make yourself comfortable.

5) From 1-10 how much is risks in trading Altcoins?
    For me 7, because all the coins on the cryptocurrency are too risky. Mostly bitcoin, Ethereum, and Litecoin

144  Economy / Economics / Re: How to manage the risk in investing cryptocurrency? on: May 18, 2018, 04:48:26 PM
The risk in the virtual currency market is the risk of losing some or all of its capital when the investor performs the investment or virtual currency transaction. Identify the risks before conducting a transaction, helping them to know the specific loss rate in each case of investment will be how to, minimum and maximum how to decide the scale of investment, the first time investment, time of investment completion, and other relevant factors.
Hi there Moneypham5! All kind of investment there is a risk. If you don't want risk don't invest. Investing on the cryptocurrency is so critical more than others investment you know why because investing on the cryptocurrency is too volatile you don't know when the value of your investment increase or decrease the value the this is not predictable. However, to manage the risk, you need to understand before you enter the on it. Invest only the amount the money that ready to lose. Monitor time to time to manage it well.
145  Economy / Trading Discussion / Re: Why you should buy Bitcoin now. on: May 18, 2018, 04:33:13 PM
I have been following bitcoin price's actions since August last year and one thing that is common is that price pattern do repeat itself. Event that happens in July to August this year is about to repeat itself again. I have been going through a lot of speculations threads and many of them are saying that bitcoin is going to clash after splitting but I disagree with that and for your information another pump is about to happen and this is going to push bitcoin price above  $8,000. I have also see that this may happen before end of this year.
Hi there Idrisu! Do think people are spending time and money on nothing? We are buying bitcoin because we all know that bitcoin how it works to us. Bitcoin has the capability and the potential to change the life and hit our dream. The dream is to be wealthy someday. I say this because  I saw and, an analysis that price of the bitcoin is increasing simultaneously every year. This very surprising to all the person know the bitcoin.  Now the price of the bitcoin decreases this an opportunity for us to buy.
146  Economy / Economics / Re: Panic selling can contribute to bitcoin price going down? on: May 18, 2018, 04:09:49 PM
I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.
Hi there btcwashu! Yes of course. Panic selling can result the price goes down. Mostly if there is bad news regarding on the cryptocurrency, Most of the people are immediately sell their coins at any cost. They are afraid to lose big amount, and they don't trust their chosen currencies. If you really know your coins, you distinguish what the capability of it.  We cannot remove them to panic, but we can use our skill and knowledge to avoid the panic selling.
147  Bitcoin / Bitcoin Discussion / Re: How long Bitcoin can survive in cryptocurency industry ? on: May 17, 2018, 06:23:55 PM
Bitcoin is the most famous and the no one crypto currency today. It hold the highest market cap in crypto industry. Also it use very advanced and secured technology, Block chain to operate. Lots of people's use bitcoin as a investment factor. This cause to maximize the capital of Bitcoin. But how long Bitcoin will survive in this industry ? Because lot's of government try to manipulate and control the crypto currency industry via introducing new regulation. As a country some one can do vast harm to bitcoin. We saw some of in past. If Bitcoin fail in this industry it will be a biggest financial crisis in this century.     

Hi there sujeewacrypto! How long? It will last forever. You are reading it right. Forever. Just like the gold which is use as a currency in the late BC. Romans then issue a gold coins, which is up until today is present. What even good about it is the current value of those coins is way much more higher than those early days. So if bitcoin follow those phenomenon, I bet bitcoin will last forever and even increase its value as time pass by. The problem just maybe, just like a gold, it could be replaced by a more easy and continent form of currency.
148  Bitcoin / Bitcoin Discussion / Re: Learning Cryptocurrency in Universities? on: May 16, 2018, 03:51:11 PM
Do you think that cryptocurrency should be taught in schools or University? Specially in the field of business management?

As a student, I believe it will give us an advantage to this so called cryptoworld, right?

Hi there jurelmartin! If the university is open the changes and are aware of the new advances in technology, bitcoin could be one of the topics in the administration. Offering a subject about cryptocurrencies could be a huge challenge due to government regulations. University will not experiment to offer subjects that the government is still thinking about its legality. However, I have read previously that there are famous university that offered a subject about cryptocurrencies but it focuses more on the blockchain technology, how it works especially the encryption. A short courses or training which is not directly prerequisite in an academic degree is offered by different training schools.
149  Bitcoin / Bitcoin Discussion / Re: Why are banks and governments scared of Bitcoin? on: May 16, 2018, 03:31:41 PM
So many countries now were prohibiting the use of virtual cryptocurrencies. And to think that many unemployed individuals were beginning to uplift their way of living because of their dealings with cryptocurrencies. Banks doesn't expressly say why it is banning the use of Bitcoin.
What do you think is the reason behind this?

Hi there AteenaD! There are a lot of questions and post something like this before. Maybe next time you should try to use the built-in forum search or even searching in google before you ask. Anyway, the frequent answer to that question is the government it self dont prohibit bitcoin because they just want it to do so or because other country just ban it. The most frequent explanation of the government is that bitcoin is used by other in wrong doing. They use bitcoin to create a scam; example, a certain just organized individual is presenting a state of the art product or services that is backed by a coins or tokens, but in order for them to pursue their innovation they need investors to continue. The investors then are been promised to get a reward or portion of the earning someday if the project become successful. But unlucky, some went go in that way. By that million or maybe billion of people fall into these scenario. As a result, government ban the ICo in order to prevent its citizen fall into a financial crisis.
150  Bitcoin / Bitcoin Discussion / Re: Future predictions about crypto currencies on: May 16, 2018, 02:55:19 PM
Hi folks share your thoughts about crypto currencies. i will really appreciate to all experts here thanks 

Hi there Nrcewker! I am no expert in terms of predicting of guessing the bitcoin price volatility but according to Fundstrat co-founder Tom Lee, he believes that bitcoin will be worth $25k by the end of 2018. That seems good, given the fact that bitcoin price could soon break the all time high price of $20k which is reached on the month of December last year. Even tough some could be happy, some could be also disappointed because bitcoin price growth is expected to be higher in that forecast price. If you are asking about cryptocurrency as a whole, the best indicator i found is the bitcoin price. Once the bitcoin price goes up, there are also huge chances that other coin price will goes up too.
151  Bitcoin / Bitcoin Discussion / Re: Bitcoin will silence its haters... on: May 16, 2018, 01:57:32 PM
we know that many people do not like the presence of Bitcoin,
Are you sure in the future people who hate Bitcoin will be silent and regret because of Bitcoin triumphs...  Grin

Hi there uchiha_madara! There could be two end result for those people who hate bitcoin. The first group could be certainly remain bitcoin hater, as they will continue to fight for what they stand for. Those people who in the early stages of bitcoin have told it is a huge scam or bubble and will continue to believe and hope that bitcoin will pop so at the end they will be the one who is correct and be praise. The second group could be the one who will accept and apologize for underestimating bitcoin and will then join and support the bitcoin at the end. But, I think people will not break their silence if bitcoin goes mainstream and accept by the whole world as a legal tender.
152  Bitcoin / Legal / Re: Criminals and Bitcoin on: May 14, 2018, 05:04:30 PM
I have seen some news regarding hackers, terrorists, and other criminals using bitcoin for illegal trades.
How the police can find about these transactions?
Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
Since the beginning of the internet this is happening ( the bad people committing crimes)  and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.

Hi there brawdias! I go with your optimistic idea. But, some fool will just tell you. If guns will not be use by criminals or terrorist so therefore guns is not dangerous and the only danger you will feel is not thru the gun but its user. We all knew that behind those incredible innovation is a danger. What matter most is how people will use it, or how people could exploit it. So far, i see more people use the blockchain and the cryptocurrencies in good transaction. Yes, there are bad ones, but we cant remove the fact that even a gumball which make people happy, could be use to end ones life.
153  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Most cryptocurrencies will crash to zero on: May 14, 2018, 03:06:58 PM
As quoted from CNBC there is a cryptocurrency will be zero.

What do you think ?

From :

https://www. cnbc. com/2018/02/07/most-cryptocurrencies-will-crash-to-zero-goldman-sachs-says.html

Hi there matamura! I think that could be true. They are referring the phenomenon to the tulips and internet bubbles. Yes indeed the people have generated so much money on those moments, there are so many investors yet in a sudden all of those business collapses. The price went down, people are selling and no one is buying. Yet after several decades, tulips could be still pricey these days. And the internet is still up and running, Amazon is even performing well right now. But the question is, what happen to those other company...the go bankrupt and got noting. That could certainly happend to the current cryptocurrency craze. But I bet, bitcoin will live forever.
154  Bitcoin / Bitcoin Discussion / Re: bitcoin is the vehicle, we run it on: May 14, 2018, 02:53:35 PM
A lot of posts are about bitcoin (eg bitcoin for illegal transactions ... bitcoins change lives ... bitcoin destroys the world ... bitcoin poison and so on) but basically it's all humans that move .. bitcoin is the tool. Good bad how the tool is how the man who runs. is it worth blaming bitcoin. What is your opinion?

Hi there Edi86! I think what are you want to say is that bitcoin is a TOOL and it is useless if there are no man using it. But when there are lot of people using it, there could be a chaos. Good folks could use it to progress and help the community while other could use it to defeat other business.  Just like what surfinonmyownwavebaby said:
You can't blame a cutting edge technology for what the users will do next.
When satoshi envision bitcoin, I think there are two things that in his mind, first is a innovative tool that could change the payment system. Second to limit the dependency to other big company like banks. Thus these notions passed thru its users in utilizing the bitcoins or other cryptocurrencies.
155  Other / Beginners & Help / Re: What is the best hardware wallet on: May 14, 2018, 02:23:40 PM
Hi All
Keeping in mind the growing security issue of safekeeping our cryptos, just wondering which is the best hardware wallet out there? Thanks in advance for expert suggestion / user's experience.

Hi there SangitAlam! There are so many hardware wallet out there. The only problem that will affect your choices is the price. I have lucky to have tried Trezor and Ledger Nano. Trezor boast that their product is the most secure cryptocurrency wallet which I found true because of a password plus a two factor authentication. However, for some this could be a additional hazel. What I just dont like about it is its design and a bit costly. Unlike Ledger nano which is a bit more simple and in a much lower cost. What ever you choose among those two, both drawback of them is when you lost it.
156  Bitcoin / Bitcoin Discussion / Re: Steve Wozniak: Bitcoin is mathematical on: May 14, 2018, 07:18:31 AM
Apple co-founder Steve Wozniak: “Bitcoin is mathematical. I am a mathematician. There are only 21 million. It is more legitimate than other systems”

What do you think about that?



Hi there ser54gold! Yes, that is a basic information about bitcoin. I have read before that Woz is one of the believer of bitcoin. He even publicly knew that he hold several bitcoin several years ago before it even go mainstream. But have you been also updated that last year, Woz also announce that he is selling all off his bitcoin. We knew that he gain a lot from possessing and selling those bitcoin. But as he said, he can't live happy due to the fact that bitcoin price is so volatile. As of today, he didn't tell or oppose bitcoin, but his lifestyle doesn't seems to go with the frequent ups and down of bitcoin price.
157  Other / Off-topic / Re: Bitcoin & College students . on: May 13, 2018, 04:33:23 AM
  I believe that a huge portion of the the crypto community are still young college students that don't have any necessities that need another source of income aside from their scholarships / the money they are getting from their parents .
And apart from spending their cryptos on either betting or purchasing goods/video games from online markets , many of these students didn't make plans for what they'll do with their coins in the future.
  I myself have had many thoughts about hodling and launching a business as soon as i graduate with the coins in my possession , yet i'm not exactly sure what i'll be doing ..
So i'm really curious about :
- On what do you spend your coins apart than partying/gambling/paying for tuition loans ?
- Do you have any future plans for your coins if you are hodling any ?


Hi there Hazaki! So you are one among those students that is working hard to gain enough bitcoins for the future. First I congratulate you for managing your time. Studying is hard enough combine with work in cryptocurrency is absolutely more harder. I have read stories of asian students that do the same, but they ended up giving up studying or their bitcoins. Currently, I spent my earning thru home utilities. But as student, I think i will highly recommend that to use your earnings to generate more earnings and gradually pay off your student loan. Do not just pay out your loan in one shot. My plan is to hodl as long as I can, considering I can still pay off my expenses.
158  Economy / Services / Re: MB8Coin Twitter Campaign on: May 12, 2018, 12:16:06 AM
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Post BTC address : 16Z9GtAehyaMZe42LMakxvRtq1koeXKPYh
159  Economy / Services / Re: MB8Coin Signature & Avatar Campaign on: May 11, 2018, 11:23:37 PM
Btctalk name: markleal
Rank  : Member
Current post count: 305
BTC address  16Z9GtAehyaMZe42LMakxvRtq1koeXKPYh 
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160  Bitcoin / Bitcoin Discussion / Re: can bitcoin govern the whole world? on: May 11, 2018, 01:35:31 PM
Nowadays bitcoin reach other countries and it is use in some transactions and very helpful in some country's economic.
What you can say?
Can bitcoin govern the world of business market, govern the world of every payments as it is moving to make it the future money.?

Hi there arthur25! That seems theoretically possible but cannot actually happen. I am a bitcoin believer since then, but as you can see even dollar is popular hundred years ago, still it did not able to dominate the whole world. There are still currency that stand out for each and every country and the dollar just become the second. When in terms of bitcoin, that scenario could also happen. Bitcoin will be popular but it can't rule the whole world.
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