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541  Economy / Speculation / Re: A Saving Plan on: November 03, 2018, 11:33:27 AM
At the moment you are holding more than half your crypto in bitcoin and the price is not moving. You could drop it down to 30% and do more alt trading to increase your profits, but it is more risky of course.
Probably, he sounds like someone who is actually ready to live with that and he is simply looking at the long term and not the short term which a lot of people in this space who are new tend to look at the most.

At this stage, as long as he is not sure of where he wants to take advantage of, he should not attempt it at all. Like you said, what you have asked him to do is a lot risky, but you still ask him to do it anyway. Anyone who is looking to trade or take advantage of altcoins growth should also understand the risk involved, but I understand basically well that it is actually a very good move if you can handle yourself.
542  Economy / Economics / Re: Offline stores that accept payments using bitcoins on: November 03, 2018, 10:57:01 AM
Are there any of you who have offline business but accept payment using bitcoin?

There are many merchants and local businesses that accept bitcoin as a payment form.
https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/
Also here in coinmap.org you can find the map and see which company near you accepts bitcoin.
There are a lots of stores that are accepting bitcoin even if it is an offline and online transactions . They provide bitcoin holders and users to use there bitcoin in a hassle free.
if bitcoin legalize and much offline stores accept bitcoin as payment, we will see bitcoin price could rise alot.and now much ico developer build project that make cryptocurrency accepted on offline stores.
Of course, that is something that is bound to happen and once we see the price skyrocket based on mass adoption and usage, there is every chance that we will get to see some balance in the market, which will bring about less volatility, and by then, I am pretty sure that less volatility is something good, considering the fact that a lot of merchants all over the world, will not have a problem accepting it as a payment method.

So far, we have seen a lot of companies and merchants skeptical and we do not have the infrastructure yet with respect to scaling, that will really make it easy to see mainstream adoption any time soon, but it is worth waiting for.
543  Economy / Economics / Re: Mastercard is investing in blockchain on: November 03, 2018, 10:26:02 AM
No debts if this goes pass, it will even help the credit card generally. Also, it will create additional patronage to bitcoin.
If the news is reliable, then it is very good. Recently I read that even Elon Musk would like to introde the crypto to buy a Tesla.
All this makes us think of a wonderful future, and people should not be afraid to invest in crypto-currencies

Really?Are you posting this just to increase your post counts?
Mastercard is investing in the blockchain technology only to implement a higher level of security to it's own cards and transactions.They don't want to adopt any cryptocurrencies.Telsa is a big overhyped bubble and it's about to bankrupt soon.I don't want them to get involved into the crypto world.
Actually, looking at the article shared https://www.xmlgold.eu/en/news/article/769/mastercard-blockchain/ MasterCard is about to get a patent for managing partial reserves of digital assets which in this case we can classify as cryptocurrency. It was also mentioned in the article, that Accordingly, the use of traditional payment networks and payment system technologies in conjunction with cryptocurrencies on the blockchain can provide consumers and merchants with the advantages of a decentralized blockchain, while maintaining the security of account information and providing reliable protection against fraud and theft, so in a lot of ways, what they are really trying to look at is more like the integration of MasterCard and cryptocurrency as a form of payment.
544  Economy / Gambling discussion / Re: Does hard work in gambling count? on: November 03, 2018, 09:47:12 AM
No, gambling is about how much capital we carry to be able to survive long in the round of the game and wait for the mistakes of other players, and about luck. there is no specific theory in gambling, that is my experience.
Which in most cases, you actually do not want to be carrying capital that you know that you cannot afford to lose whenever trying to gamble. Like you said, gambling is all about luck and if by hard luck someone is trying to come up with the idea of pushing yourself harder into gambling or making the best of gambling, I will say that is more like trying to jump into a hot coal because in the end, such zeal and push will only end up leading such a person into someone they do not want to become or in a position they really would not have wished for themselves. Hard work is for real life activities when you know you can get something tangible from it, do not waste your time concentrating too much on gambling since it is all about the luck.
545  Economy / Gambling discussion / Re: Do you find Success in Gambling? on: November 03, 2018, 08:19:38 AM
With addiction as a side effect of gambling, I do wish to know what exactly the success rate of your gambling is. How many times have you not found yourself facing simply losses and that you still pin hope on success?

Gambling allows you to think that you will win every time in spite of the losses that you incur. You feel that success is just missed by a margin as thin as a hair. Every time you lose, you do feel that success was almost there and you could have had it almost certainly. And since it was almost a success story just missed by a very thin margin, you do not mind going in for another try only to miss again by a thinner margin! One success and you are happy. But does it stop? No. You feel that your efforts have now borne fruit and here onward you will surely win every time you take a shot in that game. But what happens? You lose again by a margin thinner than the previous time.

In this way we are lured every time for that success almost at hand, which we saw but could not get hold of. And we try time and again because it is so near. The truth is that you will find you end up losing everything in the hope of laying your hands on that success. Only the extremely self-controlled man will stop himself from further gambling the moment he tastes success.

True, many times one success can compensate for all the losses incurred. But what we miss is that that success itself is extremely rare. It is not a bad thing to have hope. But hope serves when we work hard towards success not otherwise.

I won enough money in gambling,but gambling is not for success or failure just enjoy the adrenaline while you are at the betting time which is more worth than our money. Roll Eyes
I was surprised when one day a friend of mine told me it is not actually about the money, it is just the adrenaline rush when gambling that brings about the fun and then he went ahead to tell me that, even though it sounds odd, because he tries to fix his mind in the idea of winning, which is what brings the adrenaline rush anyway, but at the same time, at the back of his mind, he is still able to control himself, realizing it is just a game and the chances of losing is always more, as well as the chances of getting addicted, so in a way, he is able to combine the two mentality together to enjoy his game.

My point is that success in gambling is dependent on your approach to it, as long as you find what you are looking for and hoping it is not the wrong thing you are looking for, you may find success in your own way.
546  Economy / Economics / Re: 10th Birthday, Bitcoin Price Is No Longer Exciting ? on: November 02, 2018, 12:11:04 PM
How was the response about the bitcoin economic market for 10 years which experienced an increase and decrease ?

Bitcoin will soon celebrate its 10th birthday. However, this achievement was slightly tarnished due to its downward trend.

The Wall Street Journal reported, in 2017, the price of digital currencies launched in 2008 had surged to 1.375% because investors and traders were interested in Bitcoin.

However, the price of the most popular digital currency has fallen considerably until the third quarter of 2018. The price of Bitcoin has dropped more than 60% from the highest price last year, according to Coindesk data. Last week, the price of Bitcoin had gained 4%.

The overall cryptocurrency market is worse: the combined market value of all crypto currencies plunged 13% from the previous quarter, down from US $ 255 billion to US $ 221 billion on Friday, according to CoinMarketCap.

This decline was contributed by a decline in the market value of large digital currencies. Ether, which is used in the ethereum network, dropped 51% each and Bitcoin Cash and EOS dropped 28% respectively.

Lately it has been difficult for Bitcoin to attract new buyers or even retain old buyers who are mostly disappointed with the price.

According to Blockchain.info, the average transaction price in quarter III-2018 reached 217,000 digital coins. This figure is far below the average daily transaction in the fourth quarter of 2017 of 319,000 coins.

The initial coin offering market (ICO), which allows investors to buy digital tokens such as bitcoin to be developed or offered in the future, is equally insecure. The ICO market has raised US $ 12 billion this year, according to data from research company Diar and TokenData, about double that of 2017.

However, the company calculates that 70% of the current projects have fallen from the price when the ICO was completed. Maybe this is what affects the difficulty of increasing the price of bitcoin on its 10th birthday because the average "ico will decrease by 50% after launching
It is actually a good thing to see that we have actually come this far. Even though some of us never really had the chance to be a part of the market and the future earlier, we still at some point do not regret that we popped in eventually and looking at the beginning to now, it is obvious there has been a whole lot of progress I must say.

At least, we have seen so many new investors come into the space, a lot of development, new tokens and coins, the market cap growing every single year, and then more innovational projects also coming into reality, and all these put together has actually put the vision of satoshi into limelight.
547  Economy / Economics / Re: Cryptocurrency - future? on: November 02, 2018, 11:28:11 AM
What do you think will happen with the cryptocurrency in the future?

Cryptocurrency will become revolutionized and would bring business to the next level. In the future blockchain would be widely used in a sense that cryptocurrency will become popular to every people in the society.
I am pretty sure we are even seeing that happen already and for the fact that blockchain is gradually penetrating every sector and country as the case may be. I so much believe in the future knowing that a lot of things would practically change for good, as we see a society where cryptocurrency is now a norm for payment tool or for some other things related, without just being a speculative environment.

At least, like they always say, you judge the future based on what is happening now, and considering what is happening right now and the development going on, I believe the future is bright.
548  Economy / Economics / Re: Japan grants cryptocurrency industry self-regulatory status on: November 02, 2018, 10:55:34 AM
It shocked me
This isn't shocking as expected to one of the well known country that supports crypto.

They are putting it to the next level and this gives the confidence that crypto market is seriously being adopted to Japan. While others are still skeptic and won't ready to adopt it, this is a perfect example and this can put a question on their mind what Japan thinks of crypto's.

Not shocking at all and I can see why Japan is becoming a global center for blockchain ventures and crypto firms. It is obvious that the government of Japan actually sees some great merit in the acceptance, adoption and usage of cryptocurrency, and rather than fight it, it seems they are just looking for more ways to make things a whole lot better in the long run.

This is really something I will call the next level and of course, it really makes a lot of sense having an agency run the whole regulatory and it is one of the main reasons we will even see things get a whole lot better and we will get to see more countries, using Japan as a case study in making things work in theirs as well.
549  Economy / Trading Discussion / Re: How did you start trading? on: November 02, 2018, 10:25:38 AM
I started trading with a sad experience , I invested bitcoin in a ponzi shemi and i was very happy that it will return 20% per mounth!
well that time bitcoin was about 1000$ and i lost 0.51 btc in it.
Lol. I want to believe for most of us who actually rushed into trading, there is no doubt it would have been a sad experience unless you managed to get lucky at first which in most cases, it is not always like that. However, for still being here now, it was basically because we had that zeal and urge to just keep doing better over the years, learn how to make better decisions, develop better strategies, know how to manage risks and then things got a lot better.

It was also a sad experience for me too at first, but an enjoyable experience now, and all it took was learning, having a good strategy, sticking to it, gaining confidence with it and executing it properly while still learning new things every single day.
550  Economy / Trading Discussion / Re: Which is the best exchange for Trading on: November 02, 2018, 09:55:53 AM
My choice is gate.io because they just add feature of Trigger price so I can use it for stop loss and to setting price for sell limit at the same times,  so trading will be more easy without worry the price crash when I don't have times to monitor the price.
Probably you have not tried some other bigger exchanges to know that is a feature that is also available to them, such as binance. I am sure if you look deeply well you will know that Binance has a space for stop loss, but of course, you cannot compare it with margin trading, and most of the time, it may not get triggered pretty fast when it comes to the level of volatility of the market, which is one of the reasons why it is more useful for swing, mid or long term traders anyway. For me, I really do not use what a lot of people are not using, and so far, i will say binance is just good for me in every single way anyone can think of.
551  Economy / Trading Discussion / Re: Education for Cryptocurrency trading? on: November 02, 2018, 09:24:34 AM
The best source of information about trading is google and of course youtube.  You can learn about trading very nicely with all basic information from google and youtube. After that you can learn technical analysis from tradingview.
That is the thing, but the problem with a lot of people is that they do not even know what to search for in the first place. One thing with trading is that you should even understand what trading is all about, what you should be doing and not to be doing when it comes to trading, knowing how to manage yourself, your emotions, your funds and your strategy, and of course get to find a strategy to guide you as you trade.

The thing is that as long as you already have some of these things figured out, online is a big place, you can easily get most of these things as long as you have the zeal to learn. For instance, over the years, I eventually got hold of using the Heikin Ashi candle and with YouTube I was able to form a strategy with it, back tested it and doing pretty well with it.
552  Economy / Speculation / Re: Bitcoin at Yuletide on: November 01, 2018, 11:55:21 AM
We are gradually heading to the festive period of the year, we are expected to use some of our bitcoin investments to take care of some personal and family needs. With the current status of the market do you see bitcoin rising up at the end of the year? Kindly give your reasons

I believe when people will gather together at family diners (where they last year mostly discuss Bitcoin), they will avoid talk about BTC. If they will will mainly talk about how much loss they made and explain everyone that buying Bitcoin was worst decision in their life. Negative sentiment around Bitcoin will just increase to next level to the next year.
Grin I can imagine what that would be like, when most people who came in last year, joining the FOMO start sharing their experiences or how they have felt over the years. It is one of those things anyway. I would not be expecting too much for bitcoin before the end of the year, and even if we manage to have some pretty good movement upward, I am pretty sure, we may just likely see something not too much and before we can start seeing anything serious, I will rather be looking at next year instead. For now, let's just see how the whole Yuletide will go, but all in all, it is still going to be an enjoyable experience in the long run.

Seasonal patterns been brought up before. They certainly seemed to fall in line with Christmas spending or even end of year celebrations but I always felt that people who spend on this season anyway get bonuses so doesn't make much sense that they'd liquidate Bitcoin, certainly not so close to the day itself, given the shopping needs to happen way earlier.

If anything, had I ever earned bonuses, I'd be buying more Bitcoin, instead of selling. More Bitcoiners outside Western Europe and North America too, who perhaps don't spend as much this particular season?
Most people who are so keen about the future that bitcoin holds will never consider selling at any point at all, unless for when it is oversold, and you are taking advantage of the trend anyway like we had last year, with the inevitable correction that was most definitely expected. For this year, bitcoin has been in its lows, and I believe even if we see some upward movement, it may not really be that much as some people may be expecting actually. However, it is though, time will most definitely give us the answer to our expectations before the end of the year, but I would not put so many minds to it.
553  Economy / Speculation / Re: The collective forecast of the price of Bitcoin on January 1, 2019 on: November 01, 2018, 11:15:02 AM
i believe we will see a rise before the year ends but i am not sure if we can see the big resistance at $10k be broken which is why i would say a price in range of $8k to $10k is the most possible scenario. specially with Bakkt news on the way.

The price of Bitcoin is tied to stocks, the dollar and other various factors.

not really. bitcoin has always moved on its own. it may sometimes move in opposite of Stocks market but that is not big enough or common enough to form a real connection.
I would not actually expect the $10k resistance to be broken this year as well, and I feel one way or the other, there is a possibility we may get to have some consolidation within this range into next year, before we start seeing some up rise further. One way or the other though, I guess time will surely give us the right answers eventually. This is why I believe that one way or the other, the altcoins will be the ones making the first big move this year, then bitcoin will take the big move towards early next year, I might be wrong, it is all speculations anyway, as no one knows the future.

The price of Bitcoin is tied to stocks, the dollar and other various factors.
How strongly are the "tied" together? Present the data showing, and proving that it's true before making statements based on nothing but assumptions.
The thing with a lot of people is that they really just love tying something to the other, based on how they just want to feel, but there is nothing tied here as far as I am concerned. Although, a lot of people believe that with the stock market taking deep correction, the institutions may start looking for another well dropped market to take advantage of, which in this case, the crypto market might be taking the win. However, it is still something we cannot just assume things to always be like that, considering that this is cryptocurrency market and it basically just moves on its own one way or the other.
554  Economy / Gambling discussion / Re: Sometimes enough is enough on: November 01, 2018, 10:43:19 AM
sometimes self-control when gambling is very important. because when you start to lose more than the money that is brought, but your friends prevent you from standing up and even lend to you, it is the beginning of your destruction. when you bring in enough capital and when it runs out it must stop immediately.

At every occasion, self control will be important and not just for sometime. Whether we are on the loss or win, we have to be very wisely to pick the best decision for ourselves. With no self control, everyone will end badly in gambling.
Yes, self-control in everything is very important if you don't want to end up with bad and deep disappointment. If you already have good self-control, then surely you will feel enough is enough for the profits that have been earned and can decide to quit. Vice versa, when you are in a loss situation but you can still control yourself well, then you don't become a craze to do everything because of that loss.
Honestly, and it does not have to do with gambling alone but every aspect and sphere of life entirely, most especially when you know that if you are not principled enough, the outcome of what you are doing may be disastrous to you.

In that case, it is either you stay away from it if you know you are not strong enough to control the impulses in the long run, or you are able to come into terms with reality to know how to control those impulses and be in control of yourself. Honestly, as long as you can at least once in a while tell yourself enough is enough, then, you will realize indeed that you are able to be in control of yourself.
555  Economy / Gambling discussion / Re: Does convince people to enjoy gambling is a wrong idea? on: November 01, 2018, 10:13:51 AM
>> so I kind of confused when someone come and asked me to teach or explained thing about gambling, should I teach them or I just ignore them?

Personally, if I know that the person has an addictive personality, then I wouldn't teach them. Alternatively, I would tell them that I don't know enough about the game to teach them or I would tell them to find an online "how to play" guide.

It is better to tell them to start by doing. Ask them to create an account on a gambling site and experiment with all the future using the free/test money a site offers. I am sure, in the last than a week the person will be familiar with 'how to play' thing. But the end result from gambling will depend on each personality. The technical aspect is just a factor to determine whether we will be good or bad in gambling. The other aspect that will be hard to learn is, how to contol our mind during our gambling games.
I am not sure you should be telling them immediately what they should be doing when it comes to gambling, I think you should rather be letting them understand the implication of what they are about to dip their hands into and why they should not in any way try to see it as something that would bring about getting rich quickly at all.

A lot of people who even come to you to tell them how to gamble already have that mindset, so it is left for you as an individual to let them see the truth before even venturing into it at all, and if they eventually decide to, at least, you know immediately that it is what they have decided to choose for themselves.
556  Economy / Economics / Re: You Can Now Keep Your Bitcoins In A Bank on: November 01, 2018, 09:40:05 AM
This news is good news. For encryption. But I still hope to put BTC in my own hands, because I am not willing to believe that the bank can safely help me save.I don't know what you think.
I really do not understand what is good with the news or which part is it that you are not getting at this point? I understand for some people who are so naïve, they feel they cannot handle things all by themselves, or be their own banks, it may be good for them.

There is no doubt there will always be people like that, but really for the most part why a lot of us are here, what happened to the idea of freedom that so many of us have really been looking at over the years, and then discarding that freedom and saying we want to be back to become slaves to the bank over again? That is ridiculous.
557  Economy / Economics / Re: Stocks Just Suffered Their Worst Loss in Months on: November 01, 2018, 08:08:26 AM
This is in preparation of the predicted global financial melt down that is to come next year; I see it has a good time for cryptocurrencies as many investors will be looking into Bitcoin to hedge their funds.
Preparation of which meltdown? Probably you have not known how much overbought stock has been and the fact that there has always been an expected correction for a while now. However, call it whatever you want to call it actually, or possibly just relate it to some meltdown, but at the end, it is all about the perception of each and every individual.

However, looking at the fact that most investors will be looking for an oversold market to invest in right now, i would say the likes of gold and cryptocurrency may actually end up having a feel of it positively, as time goes on.
558  Economy / Economics / Re: the future real money on: November 01, 2018, 07:33:40 AM
sure in future all online payment will be digital payment such altcoin or bitcoin but its need more time to be used in real life. not simple as we trade at crypto market. need regulation for governance
Yeah sure! Normally there is not a thing in this world that will not have its own beginning and it is always a gradual process and it is this time of growing that we get to see things like this, and over time, as we keep getting to see the space more matured, things will even get more interesting and we will get to see the market being usable in the long run.

Patience! That is all it takes as well as the belief that the future is bright as this is what would always make you to see every market condition as an opportunity for growth in the long run, which will benefit you as well being an early holder.
559  Economy / Trading Discussion / Re: Question about p&d on: October 31, 2018, 04:27:05 PM
I've seen this kind of message before. The first comment is someone innocent, with doubts if it really works. Soon thereafter another user appears with a link, speaking that he used the group and got good profits. The reality is that 100% of the free pump and dump groups are scams. There are several articles on this. All very well founded.
Grin A way to advertise their shitty P&D group, isn't it? Unfortunately, you just spoil the fun for them, if this was indeed their plan all along. Something people should even start understanding now is that pump and dump groups is something some scammers are basically just using to profit off some gullible people who are trying to look for the easy way out in trading.

Only if they just get to realize that there is absolutely no easy way out at all to anything and all they just have to do is to find a way to learn if they want to trade, or just hold. P&D has made people to lose money and people who think it is a thing for them, will always have themselves to blame at the end.
560  Economy / Trading Discussion / Re: Which coins or tokens will be profitable within this month? on: October 31, 2018, 04:02:28 PM
Now all most coins or tokens are too low. So i decide to buy some coins but i don't take proper decision which coins will be too much profitable within this month? Please comment below with your opinions.
Thanks in advance           
That is like asking what year you will give birth to your first child after you get married. Come on dude! Questions like this are something no one can give you an answer to because no one knows.

No one even knows if this month will be a profitable month in the first place which would totally be dependent on how the market ends up being like, let alone, tell how each coins and tokens will fair in the long run within the month or even before the end of the year. When the market recovers from the downtrend, we will get most coins moving and it is how far they go, that we basically will have to treat them in most cases.
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