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1221  Economy / Economics / Re: Government Furious on: April 23, 2018, 06:07:18 PM
You know the funny thing is in most countries the taxes are being applied and at the same time the government is all that on Banning Bitcoins this is the funniest thing ever because if you are taking taxes then why the hell you need to ban them.
Also the banks are trying to stop the transactions regarding Bitcoins this is something that I don't think anyone would think is fair.
There is no problem in giving taxes but at the same time they should know that they should play a fair game not a suit of dictatorship.

You know what is more funny a government saying that crypto is bad for the economy, then banning it. Now the government is coming up up with its own crypto. Smiley

If you want to eliminate the competition, at least give a better excuse that can be digested by people.
1222  Economy / Economics / Re: Bitcoin world currency on: April 23, 2018, 06:04:42 PM
It's enough to cover  part of it not all. Being used all around the world can make strong countries stronger weak countries more weak. Steady growth can make it how it should be

The best part would have been if the weaker sections and financially weak people benefited from bitcoins.

Unfortunately, currently I see only people from developed countries making the majority of profits with bitcoins. This is not the fault of people there but the leadership is responsible for this.
1223  Economy / Economics / Re: when you sell out of panic, you are contributing to the dump! on: April 23, 2018, 05:43:42 PM
Yes possibly one of the reasons for the dump.That is why panic selling is not encouraged if you really want to earn from investing in cryptocurrencies. Panic selling is being done by those new in cryptocurrencies because of their immaturity, lack of technical knowledge and experience in investing/trading. Anyway they will realize that in the coming days and will learn from their mistakes when they embark to  buy and invest once again.

Yes, you are right. The big whales bank on these new investors only. New investors come to crypto thinking that it is some magical thing and there is always profit with investments. I do not blame them as we seldom see stories of people losing money with crypto as people like to boast only these days.
1224  Economy / Economics / Re: what will happen to banks? on: April 23, 2018, 05:41:37 PM
That's a clean shit. The banks are never gonna die. Truth and Simple things always win their places in world. Btcs are shortlived
I was hearing to a minister recently in YouTube who was saying that after they ban crypto, things like bitcoins will be heard in story. These are people who have still not realized how powerful crypto has become in past few years. I think soon banks will be in those stories instead of bitcoins.
1225  Economy / Economics / Re: Passive Income on: April 23, 2018, 05:40:10 PM
Wow your passive income is 7k$ ? Really nice mate, plus with your main income, your profit will be huge. Easy life for you Smiley

We cannot say that it is easy life. Abundance of money will add luxuries to your life but it is not a guarantee of  happiness. I have seen many rick people still not happy with their lifes and trying to find momentary happiness with materialistic things. Purpose gives satisfaction in life.
1226  Economy / Speculation / Re: Expected predictions on: April 23, 2018, 05:38:12 PM
My expected prediction in bitcoin is it will more higher to our expected price so the investor can happy again and we can get our profits. And bitcoin will more successful in the future.
It will be going higher more this year many predictions but hoping this makes to happen. This year I think ath last year will be surpass and still more users will be in bitcoin. Thus, holding for bitcoin is good since I believe in bitcoin's future.

I was also investing only in bitcoins with the hope that it will give best performance being the first crypto currency. However, seeing the price movements in last 3 years, I decided to change the approach. Now I also invest in some alt coins for short term profit. I have all leading alt coins and I regret not buying more of bitcoin cash when it was $500 or so.
1227  Economy / Economics / Re: The advantages of bitcoin on: April 23, 2018, 05:29:33 PM
Fewer risks for merchants.bitcoin transactions are secure,irreversible and does not contain any customers sensitive or personal information.this protects merchants from losses caused by fraud or fraudulent chargebacks.

But the transactions being irreversible is a headache for the buyer. After making the payment, if the seller does not deliver anything or gives a bad service, you will be helpless in case of a bitcoin payment. There are options like escrow but it is impractical for small transactions because of fees.
1228  Economy / Economics / Re: What is the best way to invest/grow your Bitcoins? on: April 23, 2018, 05:28:11 PM
You can try to invest in some altcoin in the market that give you big profit vase to your investment or try to trade in the market. You need to extra careful because hype site will never recommended.

This is recommended only for an experienced investor who has been trading for few months. I think that new investors might not have the patience to wait with alt coins. When alt coins go in red, they usually take longer time to return to normal. You may have observed this in last few months where most alt coins lost 505 of their value or even more.
1229  Economy / Economics / Re: Panic selling can contribute to bitcoin price going down? on: April 23, 2018, 05:25:50 PM
I don’t really think that’s the issue here. There are people who can command the direction of this market with just a one time investment. Our own investments can barely contribute to the price of Bitcoin cause it’s too small. And whenever people are selling due to panic, I don’t really blame them cause they have to do anything to survive as of that moment. We all know that there are whales whose investment can increase or fall the price, so it’s best for you to do the best you gotta do as of the moment price is going down.



This problem arises when someone is investing their savings which should be kept for monthly expense or emergencies. If you investing just 10-155 of your savings, you can be patient even in case of price crash. Prices have dropped multiple times in past but they always recover. So if you can wait, you can kind of surely avoid losses every time.
1230  Economy / Economics / Re: Only a mature and regulated crypto market will attract big investors. on: April 23, 2018, 05:21:42 PM
Regulated by what? Until now there is no final decision in some country about their side on cryptocurrency but I believe big investors will come if the project is good and a good example for this is bitcoin. Regulation may come later on but the situation will remain the same, we are still heading to the top. Bitcoin is the real thing for all,  even for those living at Wall Street. hehe

That is a big question, who will regulate bitcoins and will they be partial at it. I do not think that developers ever wanted this to happen and block chain is exactly designed in away that it cannot be regulated. No doubt. countries can try to regulate with additional taxes but that will result in chaos and smart investors will find loopholes to skip this.
1231  Economy / Economics / Re: What do you prefer Bitcoin or Ethereum ? on: April 23, 2018, 05:19:47 PM
I prefer ethereum rather than bitcoin. because in ethereum more advantages in erc platform we can many long term investment options. and also in the price ethereum cheaper to be able to ride like bitcoin

Ethereum has got many advantages over bitcoins like less fess. For most of my online services, I get paid in BTC. However, one of the clients paid in ETH recently because fees was less. He paid me about $100 in total which is worth $180 now, such a huge growth in just one month.
1232  Economy / Economics / Re: Banks Won't Make You Rich on: April 23, 2018, 05:18:18 PM
It's not the job of Banks to make anyone rich or poor but their priority task is to keep your money safe with them ant provide you with the cash whenever you need it and giving minimal interest in your savings in account. But if you want to earn then you have to work or start any business of your choice.You can try investing in stocks,real estate or this crypto market and whenever price rises you gain profits and with your skills you can be rich.So it's your task to earn not depending on Banks to provide your with income.

Banks are there to take all the money from customers. Just look at their schemes, they give interest like 5 % and then give that money as loan to others for 20% or more. If a  person was doing the same, he would be legally responsible and tried in court for cheating.
1233  Alternate cryptocurrencies / Altcoin Discussion / Re: The future of Ethereum on: April 23, 2018, 10:59:18 AM
I think you made the right choice.  Now ETH is a very popular coin.  Which develops every day.  And the price also grows every day.

Currently ETH is not performing as good as other coins like bitcoin cash. Bitcoin cash has grown about 205 in last 24 hours while with ETH it is just 2 %. However, I think in the logn run ETH will give highest returns among the top 10 coins based o market cap including bitcoins and bitcoin cash.
1234  Alternate cryptocurrencies / Altcoin Discussion / Re: All coins are now dying, what do you think? on: April 23, 2018, 10:29:22 AM
Now the market is slowly picking up. At least I insisted on it. I didn't sell my currency when it fell. I was pleased with my decision. I believe it will erupt again soon. I think it is a bull market right now. Start.

Unfortunately, I had to sell some coins in loss like I got loss of about $100 on ripple. This was not because I feared that the prices may go down more. It was because of a news that crypto may get banned in country as  a financial institution gave such indications. The matter is still not resolved and that is why I am not aggressive on investments now.
1235  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Time to buy? on: April 23, 2018, 10:26:34 AM
some coins are worth buying right now, but what decisions do you have. The choice is for you, do not listen to anyone, believe in your knowledge and your intuition!

I am still buying some coins every month depending on my monthly savings. But I think that we will see correction many times this year. This is because we already have a number of investors stuck with their investments at high price levels. Whenever the current price reaches that level or goes over it, they would like to cash out resulting in more supply.
1236  Alternate cryptocurrencies / Altcoin Discussion / Re: Did ETH changed crypto world? on: April 23, 2018, 09:53:05 AM
It is hard for us to say unequivocally whether ETH did it or not. In a sense yes. It has revealed smart contracts to the world. From this perspective, ETH changed crypto world.

All the good coins have played their role. A lot of people made good money by investing in ETH and for them, ETH was a good launch. There is still lot of room for growth in terms of price and thus it will benefit more people. Also, a lot of people prefer it over bitcoins for payments as it involves less fees.
1237  Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty or Airdrop? on: April 23, 2018, 09:49:40 AM
I would suggest that you get involved in both bounty and airdrops. Yes some airdrops are a waste of time, although you also have to think that if it’s free, what’s there to lose? You’ll also find that some projects with huge potential have been distributed via airdrop. 

I think that the time to get benefited with airdrops is gone now. Now there is huge competition for this also and most of the time you will get very less number of coins. To add to this, some projects will not give anything and make excuses that you did not complete the requirements.
1238  Alternate cryptocurrencies / Altcoin Discussion / Re: I do not believe ico anymore on: April 23, 2018, 09:47:15 AM
Not all the time and not all the ICOs are failed. It is purely depends on their project and market conditions also play a role at the time of listing.

You are correct here but the majority is fail only. Also, a lot of time goes in filtering put good ones from useless projects. So finally when you calculate ROI based on the total time your spent for this, it will not look much lucrative. Chances of success are also lower in case of ICOs.
1239  Alternate cryptocurrencies / Altcoin Discussion / Re: With how much should i start on: April 23, 2018, 09:45:40 AM
Ideal number to invest? For there is no ideal number for investing, if you have small amount, or big amount of money it doesn't matter because for me investing with small or big amount is both investing. Numbers is not required in investment, rather you have to believe in investing because when you invest risk is always there and take courage.

That number to invest should be decided based on own earnings and savings. If you try to copy some other person or follow the advice of members here, you may have to take loans for a bigger investment. It can lead to huge financial issues, if the prices decline in future.

Even for people with good amount of savings, it is advised to start with small investment only.
1240  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrency to be accepted in shops by 2025? on: April 23, 2018, 09:44:05 AM
i hope great sellers like Amazon, eBay and aliexpress will hopefully accept krypto as soon as possible

That is what we require for mass adoption. But I am sure that Amazon will also like to take their cut with such a deal and thus they will tie up with a coin which gives them some commission on every deal. This is what happened in case of PornHub which made a deal with Verge instead of bitcoins or ETH.
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