When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its outstanding features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy%

I don't really spend much of my Bitcoin , because I am always in fear.
I am not talking about cashing out , but for digital goods.

How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency

I don't know how to make a poll here , so :- http://strawpoll.me/1793917
This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received.

Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency.

EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so.

Will Bitcoin continue to fall this year?  After the $18,000+ rise, bitcoin has not yet recovered from the great fall. Will it continue to go lower and lower? Or do we have hope that it will hit high this year?
What do you think fellas?

What will you do if after losing several times in gambling, you are left with only small amount of money and that money will be for your fuel or for transportation, will you still continue with the little you are left with? What if you lose?

So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.

If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?

Any help is appreciated!

Just had a chat with my friend on setting up mining in my farm house. He advised and suggested more to invest in crypto currencies then investing and spending time in mining. What you guys would suggest me of. Or shall i start with small investment on mining from house with rigs attached to system i have in my house and start a farm house once experienced or do not get into mining? Suggest me dudes.

Hello guys, there are always financial losses in the field of trading and this is a normal thing, but unfortunately there is a  category of traders does not accept these losses.  Plus, the not acceptance of the truth may affect them negatively like, psychological problems, stress .. and even on the next choices in trading, but this leads to a multiple and consecutive losses.

In fact,  the first and most essential thing to surpass the loss is "The acceptance of the truth"  and then you have to  " deal with it " in a good way.

Trust me, if you learn from your mistakes, then you will earn what you want.

---

I learned something very useful and I want to share it with all.

These are the 5 steps to make a financial profit (especially after a big loss) and even achieve your goal, they will be as the following ( like a plan)  :

Step 1 : What do I want to achieve? (Vision)
For example:
I want to earn 2 BTC within a year.
 
Step 2 : What is their  importance to me? ( Value )
For example: It is important to me because I am poor and I want to help my family in many things.

Step 3: How will I achieve it? ( Methods )
For example: I must have many strategies in each event ( crisis, pump )
..
..
Step 4 : What prevents me from achieving it? (Obstacles)
For example: time,  unexpected event, the fear , weak of self confidence...

Step 5 : How do I know that I  have achieved the success? (Measurement)
For example: ..
..

When I see 2 BTC in my wallet before one year.

 

---

Good luck to everyone .
 

What do you think which is the best altcoin for Short term trading? I like to get little profit. That means, suppose I bought a altcoin at 500 satoshi, after 1/2 days I will sell 520/550 satoshi. That's small profit. which coin is better? I also thinking about DCT. What do u think? Share please

Trading is indeed difficult to do.


Long term trading may take weeks, months or even a year or so. You may call it as "long-term holding" or simply "holding".


Long-term trading is good for those who:

• want to invest
• has a job that requires at least 8 hours a day
• want to earn extra income
• non professional traders or beginners

---

But of course you will have to consider these things before investing:

• invest money that does not limit your ability to meet other financial needs
• should be willing to lose some
• higher investment, more risky and higher potential of loses and/or rewards

---

These are the benefits of long-term trading according Anne Chapman (2015):

• You are not required to find new opportunities every time. Just hold on the coins you believe has a potential. Do not bother yourself with other cryptocurrency focus on your work and family.
• You have more time to plan and study the charts for analysis of trend
• You only need to employ simple techniques.

    First, identify major areas of support/resistance (does a trend have room to develop?

    Second, look for chart/candlestick patterns (do they reinforce a trend continuation?)

    Finally, look for a logical and high probability point of entry and manage the trade

• You will experience less stress since you do not have to monitor the charts, price, trend etc. every time.
• You only have to work less. Check your coin in a month or weekly basis, etc

---

Thank you.


A more detailed explanation can be read here at: http://thedynamictrader.com/advantages-of-long-term-trading/[/list]

of course, we all see that all markets are red and there are some fears of getting down more and more in the following days. but on the other hand, no one can ignore that bitcoin is the leader of all the crypto market, so if it down the whole market will go down as well, so it is too hard to believe that it will die that easy
and the major investors of it will not allow this to happen.
what do you think, am I right?

The Future will be great and we might live in a world where everything will be Crypto. We are going to be our own bank, and manege our finance ourselves, without a bank account

i Truly Believe bank will disappear completely because they do not act in the interest of people . they created money out of thin air and enslave people with debt, and credit.

The fiat system will no longer exist with the system base on debt, developed countries are technically in bankruptcy a nation cannot be sustainable with a system base on debt.
The crypto revolution is something that will be an astonishing accomplishment and replace the power of printing money from central power. this new generation will not use fiat money anymore and will have tokens in many wallets from the decentralized world

the world will not be the same anymore and everyone on the planet will have the same opportunity to participate in the global Economy.

Many but not all gamblers are claiming they gamble for fun and pass time. I was just thinking. If it is the reason why people gamble then why not play online games? There is a lot of good and challenging onlne games wherein you can interact with other people online?

I have been learning how to trade btc and altcoins by myself and having my experiences. I read online articles on trading signals and what to watch out for.  I've made some profits and lost a good deal.  Good thing I started with very little capital. Right now everything looks so negative especially as btc went so bearish.

I need advice on how to improve my trading because I really want to do this

Looking at the current market, many people are disappointed in the market price, bitcoin prices stomping at the $ 7000 level, altcoin prices are falling deeply. Recent good news, however, shows that the market continues to grow and has great potential in the future. What would you do this time: Buy bitcoin, buy altcoin or do nothing?

To some,100-unit of bitcoin sounds like a big investment. To some,its a small investment.4 years ago, buying 100-unit of bitcoin was a small thing,but today is a huge investment and it's going to be higher in years to come. Below are some arguments on how one can start with nothing especially in cryto or digital currency system.

#1:Being born poor and financially uneducated does not mean you cannot become rich.very few people are born rich enough to buy 100-unit of bitcoin today. And no one is born smart enough to acquire, finance and manage 100-unit bitcoin by themselves.  In other words, not having any money or financial education isn't an excuse not to get started. Yet billions of people let the problem of not having money or enough education stop them from becoming rich. They fail to make the first step. And if they do take the first step and then fail, make a mistake, lose money, or run into problems,  many quit. That is why for billions of people, a 100-unit of bitcoin will always seem like a big investment or project bigger than their dreams.
 
#2: Start small and take baby steps : last year, my first investment in bitcoin was a $100.i was extremely nervous when took the first step.the investment grew up to $300-400 in a month, which I eventually lost all. But I didn't quit. After the lost, my eye opened to the entire blockchain system.i then realized that Bitcoin was not the only cryptocurrency in existence.i started with nothing as a bounty hunter and developed my I.Q on digital currency. Today I am a proud owner of some reasonable crypto. I strongly believe in the power of mind. Our  Minds are our most important form of leverage.

#3: Dream Big: Most of us know that a child must be allowed to dream. Thesame is true for adults. Our dreams keeps us rich, young, and fun. Investment and projects keeps us learning and growing instead of living below our means, we dream big, learn, and invest carefully in order to go beyond our means.
   In conclusion, Today even in the richest country in the world, millions of educated, hardworking people are earning less even if they are paid more.
To make matters worse, because of a market crash, millions of educated, hardworking people think that investing is risky and to attain higher returns means you have to take on greater risks. There are only a few people who know that the key to leverage is Control, and the key to control is financial intelligence.
 The good news is that the higher your financial intelligence, the more money you make without needing money. In this new capitalism, it is truly possible to make money for nothing.

 

I was just thinking how much time people spend on gambling sites on a daily basis? I bounce back and forth between work

and household activities, but in my spare time, I like to chill with a beer in hand and doing some casual gambling. I do this

while watching TV, so it is part of my entertainment time.    Do you think, time spend on gambling is linked to gambling

addiction? Let's discuss this.  

Edit : If you spend less than 1 hour on gambling, please chose option 1. 

I have noticed it when actually the bitcoin price is rising up the cryptomarket also will. Is that because of bitcoin is directly proportional to the other cryptocurrency? so that when bitcoin dumped the other crypto also will dump? Whats your opinion about it?

I have seen the price of bitcoin is very high and has exceeded 15000 $ for one bitcoin, and now the price of bitcoin is under 10,000 $ and maybe this is my chance to buy bitcoin as much money as I have and hope to get enough profit for my economy in the future.

am I wrong with this step?

Gambling Affects your life either in a good or bad way in the long run. Some of those effects that can change your life are:

Good Effects:
*Can make money easily (not guaranteed)
*Gives so much pleasure
*Meeting new friends
*Can increase your assets

Bad Effects:
*Big loss
*Increased on your debt
*Loss jobs
*Depression/Stressed
*Broken Family/Failed on relationship
*Insufficient Funds

Despite of this effects many people are still want to continue gambling, how can you handle this possible effects of gambling in your life?