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1061  Economy / Economics / Re: Should I stop Buying BTC? on: September 27, 2017, 01:45:05 PM
Should I stop buying BTC for above market value or should I start paying the listed price? I support Bitcoin and still pay 5k a BTC does anyone see bitcoin going back up?
Now is the time to buy! Bitcoin has been influencing the world to that of a decentralized one. And not to mention the fact that a lot of countries are studying on the block chain technology so that they can develop their own crypto currency. Buy now or you will regret later,believe me. The price will obviously go over 5000$,so you will be the one who will enjoy a good profit.
1062  Economy / Economics / Re: IS THERE ANY POSSIBILITY OF A PRICE REDUCTION FOR FUTURE BITCOIN on: September 26, 2017, 09:13:32 PM
Bitcoin approved and discovered in the world on 2009 and the first price is $0.

And this the history and bitcoin table when discovered in the world from 2009.[Using USD Rate 2017]
2009 [Discovered] - 1btc = $0  Huh
2010 - 1btc = $0.1 - $0.08  Cry
2011 - 1btc = $0.75  Angry
2012 - 1btc = $9.04  Angry
2013 - 1btc = $301.20  Angry
2014 - 1btc = $753.01  Sad
2015 - 1btc = $451.81  Angry
2016 - 1btc = $828.31  Roll Eyes
2017 - 1btc = $3664.25  Shocked
 
From this list we know bitcoin is not stable , frequently make increase and reduction on price.

Is there a possibility of a decline in the price of the bitcoin future , in doing so we must make a choice better invest a bitcoin or not ?  Shocked
The price will decrease and increase because of so many economic and non economic factors, so why do you only think negatively, you invest and you get some profit, it's the time that matters.  Bitcoin won't drop like in major margins if that's what you are concerned about, because it has made it to the big league, it's getting popular by the day, people are talking about it and if the price goes down majorly people will lose hope for sure in bitcoin. So I personally don't want such a case to ever be true.
1063  Bitcoin / Bitcoin Discussion / Re: Why Jp Morgan invested in Bitcoin on: September 26, 2017, 07:19:30 PM
Jamie Dimon is a smart person ,he laid a perfect trap for bitcoiners and I have to agree he made a fool proof plan and no one realized it until it was too late, he bought when bitcoin crashed and now its one of the way for them to earn profits. What all people do for getting profits,first use the people for their own good and blame bitcoin at the same time. Now he is facing some legal case because of lying. What a lying sack of shit people turn out to be IRL.
1064  Bitcoin / Bitcoin Discussion / Re: Bitcoin as salary for a regular job? on: September 26, 2017, 04:50:39 PM
Would you accept bitcoin as your salary in your profession, especially if you work in other country?

For me yes I will accept bitcoin because we can exchange it in our local currency.


You live in other country and yet you want to earn your local currency ? If you can exchange bitcoin for your local currency ,then why do you even want to earn in bitcoin,you're any how going to convert it,what logic is this? Also tell me this, if the price drops ,then you will be the one who will suffer the loss,and extra fees also you will have to pay. Better earn in fiat and then convert it to your local currency ,the fee might be less i believe.
Answering to your question,I do earn in bitcoin in signature campaigns,but as a permanent job ,I would want to earn in fiat.
1065  Bitcoin / Bitcoin Discussion / Re: Little panics like this are good on: September 26, 2017, 03:49:53 PM
I swear I was able to reinvest in cryptos because of the crash that bitcoin conceded which was followed by the other cryptos, well even though it's kinda selfish, IRL it's every man for himself like it or not. Even though everyone says to hodl, a very few people follow it because they will sell first and then buy back bitcoin again, that's how people's minds work.
BTW it's great that bitcoin will face these crashes and recover again, it will gain the confidence of people who understand on how market works.
1066  Economy / Economics / Re: Which one is good, trading or investing? on: September 25, 2017, 07:15:43 PM
Trading is any day better in my opinion  ,I have heard a lot about it that  and I also speak from my very personal experience, trading has got me some amount of profit and I am quite impressed, but that doesn't mean you cannot invest, you can go for both  just be careful and smart enough to go for the right now.
1067  Economy / Trading Discussion / Re: Is bitcoin better or paypal? on: September 25, 2017, 06:11:57 PM
Yes you can cancel your transactions in PayPal but it doesn’t imply the same for bitcoin, I would prefer bitcoin any day because of every possible reason why and I am not a big fan of PayPal so bitcoin is my payment mode, but if you want to use PayPal go ahead but trade with extreme caution and it would be better if it’s a trusted person.
1068  Bitcoin / Bitcoin Discussion / Re: Why does China hate Bitcoin? on: September 25, 2017, 04:26:37 PM
China believes that it’s a superpower and if it makes a strong move ,other countries might follow them,  I don’t know more about it. China can do anything, but the question is, will it do it? Common bitcoin is not that weak to be striked again and again, something else is coming other than china and I don’t know what, but something big is coming!
1069  Economy / Economics / Re: Maybe governments can stop bitcoin after all on: September 24, 2017, 07:25:55 PM
I don’t think so, why would they ban bitcoin, it was technically developed for good purposes, it’s just that some people took advantage of it and misused it. Also, bitcoins market capital is going to surpass that of Apple’s ,so any country will not take such a risk by banning or declaring bitcoin illegal permanently.
1070  Bitcoin / Bitcoin Discussion / Re: Earning enough with Bitcoin without Job ? on: September 24, 2017, 04:42:39 PM
I was just wondering that is it possible to earn steady income without going 8-5 hours regular office job.. I mean you got some bitcoin in your wallet .. are you the enough for living ?

another option is to regularly working on Bitcoin related trading/activites .. that earn you enough amt of monthly income ..

what's your opinion


Note: this is not for poor fellow who just discovered bitcoin or altcoins
Bitcoin has been used a payment which has become a trend of late, so people want to earn in bitcoin, what’s the use in which ever currency you earn, you will have to convert it to your native currency and then use it for your expenses. Also it will be better if you get a job and earn in bitcoin simultaneously. Because you will have some savings left after your expenses are cut and you can even invest in some places.
1071  Economy / Economics / Re: crypto is the future, make money of it on: September 24, 2017, 03:45:19 PM
Crytpo currencies have amazing potential for it to be used all over the world by larger chunks of people, which will increase the demand of the currencies, which in turn will increase the price of all the currencies, so if you just hold for a few years, you can get rich but the question still remains “if”. But also few people have become millionaires because of them holding bitcoin in the past ,so the possibility still exists.
1072  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin on: September 23, 2017, 08:30:25 PM
The future of bitcoin lies in the hands of people who use it like you ,me and many out there. Governments are trying to implement their own crypto-currency which will be regulated and maybe they will have taxes on it too. Now that bitcoin can be influenced by bs FUDs and thanks to people who believed in it which decreased the price and China having  a few regulations against bitcoin ,the future will have a lot of  barriers like this ,its hard to say when will the price crash and why ,is it because of a country banning bitcoin or a the world's largest bank's CEO said bitcoin is a bubble and blow up eventually.
1073  Bitcoin / Bitcoin Discussion / Re: Bitcoin finally legal in India on: September 23, 2017, 04:41:20 PM
"Suddenly, Bitcoin to Be Officially Legal in India"
posted Jule 20, 2017
https://cointelegraph.com/news/suddenly-bitcoin-to-be-officially-legal-in-india

Bitcoin exchanges in India have been able to operate but they have been self-regulating using strict Know Your Customer and Anti Money Laundering measures https://veratad.com/solutions/identity-verification/ in place. These areas will now fall under government regulation.

Funny side note--a member of the parliament in India likened Bitcoin to a Ponzi scheme as recently as March of this year. Pretty wild.
"In a letter to the Finance Ministry and the Reserve Bank of India, Somaiya explained that Bitcoin is a pyramid Ponzi-type scheme. However, Somaiya was criticized for his inability to understand the structural and fundamental difference between a Ponzi scheme and Bitcoin."



Yes,bitcoin may be legal in India but there is something else that you might need to know:
Somaiya is not the only person,from what I heard,Reserve Bank of India aka Central bank of India is not happy bitcoin ,so they are planning to have a crypto-currency of their own,which also will be regualted so that there will proof of source ,which bitcoin  disables. And the Prime Minister of India,Narendra Modi stated that he wants to make India a cashless economy,where everyone will use crypto-currency of the government,debit/credit cards and PayTM which is like a Payment Gateway for payment for the goods and services renderred by the public. But don't worry you can use bitcoin and altcoins,its just that the government wants to focus more on their regulated crypto-currency.
1074  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Vs Bitcoin Cash on: September 22, 2017, 10:49:43 AM
What do you think of Bitcoin Cash?
Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?

No,Bitcoin cash is not as same as bitcoin. Bitcoin cash is entirely different than bitcoin, but mining bitcoin cash seems to more profitable than bitcoin is what I heard because of the antminer being used(which helps miners to switch between bitcoin cash and bitcoin) and also bitmain supporting bitcoin cash. Now that China is trying to totally remove the system of bitcoin in their country ,who will support bitcoin cash? Because China's mining resources is larger than any other country till now.
1075  Economy / Speculation / Re: Can Bitcoin Prices Reach $5,000 Again Without China? on: September 22, 2017, 09:54:26 AM
The price can reach and even go over 5000$,no doubt in that.  But one thing that might be affected is that China's mining farms contribute a lot to the crypto society. If China bans mining then, transaction fees will be high, there will be numerous unconfirmed transactions.  Russia has invited miners to do mining in a huge area of land along with necessary resources  so that can also help.
1076  Alternate cryptocurrencies / Altcoin Discussion / Re: The END of ICO's? on: September 22, 2017, 08:11:36 AM
One of the main reasons for why ICOs are being regulated is that a few of them turned out to be a scam and run away with the public's money. And its also been stated that ICOs are an illegal way of earning money. If all ICOs are regulated soon, then the currencies that are already there in the market will start to rise more and more.Even if not you see new unique thingsdeveloped every day, so both ways you can get some profit.
1077  Bitcoin / Bitcoin Discussion / Re: Small investors now is your time! on: September 21, 2017, 08:05:48 PM
So now that the price is dropping, do not fret as it's the perfect time to buy! with bitcoin once again in the 3000's $100 will go much farther now than it did just a few weeks ago. You can possibly even buy your way into the larger investment level right now and ride the wave! Capitalize  on this moment to double down. Even if it lowers a bit more it's still in our favor. because as soon as this insecurity is gone Bitcoin will make another run and my guess is that it would hit 6000+. Especially with bankers buying it up while denouncing it publicly. Getting to your first coin is a milestone and will allow you/me/all of us to participate in the community at a whole new level and from a new perspective.

Act now!

Thoughts and criticisms welcome.
Yes buying now will be an sensible option because of the price reducing now and if China or any other country makes any move on degrading bitcoin, the price will be going down because of dumb people(well lets just say that they are blessing in disguise ,so that we as investors will be able to buy).Until then we will hodl and when prices again skyrockets,we will be able to sell and get some profit  Cheesy.
1078  Economy / Trading Discussion / Re: Does Bitcoin have a future? on: September 21, 2017, 05:59:43 PM
I just read on Btcjam blog that they are closing down: https://blog.btcjam.com/2017/05/25/btcjam-is-closing/, now I am just wondering if big players in thebitcoin industry are closing down, is there any future for bitcoin really.

I came to know about bitcoin through btcjam when i was introduced there to borrow. Eve in this forum, looks most signature campaigns might close down because of the ever rising price of bitcoin. Most of them have reduced their payout amounts for posting by more than 50%. Is this a good sign or a bad sign for the bitcoin development?

A wise man would say its a good sign of development from bitcoin's point of view,and some people will surely state that the payout have been decreased so the development is not good enough. Yea,those are the people whose minds are only filled with greed for money. Bitcoin will have a very bright future and it might go to some extent where no one has ever thought of. But you have to wait a few more years too see that happen. Until then,enjoy your life.
1079  Economy / Economics / Re: Investing money on bitcoin..! on: September 21, 2017, 05:18:44 PM
Nowadays many people are starting to invest money on bitcoin or the buy bitcoin..is this a good approach?
How this will influence us in future?
The approach is well and good ,and I heard that a lot of companies have been studying on bitcoin and blockchain technology and 2017 is the year where the most has been studied and the reason is because of the price increase. Now why I am saying this is because companies like IBM,Microsoft have studied about it,now you can ask why did they spend their time and efforts in this? Why did JP Morgan CEO,Jaime Dimon say that bitcoin is a fraud and then buy a huge amount bitcoin? Why? Thats because they understand that bitcoin's profitability ratio is high and you don't get to see things like this everyday.
1080  Economy / Trading Discussion / Re: Insurance or cryptocurrency investment? on: September 21, 2017, 04:20:24 PM
Investment any day,I dont know i never liked the idea of insurance in the first place. The profits you get from Investments is so damn high,given you invest at the right place . Plus,you get to learn about the world markets everyday if you are an investor,and crypto is not the only way of investment,there are stocks,oil and many more.
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