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121  Economy / Speculation / Re: Did you buy bitcoin in December 2017? on: June 19, 2018, 02:16:02 PM
You just ask question that touches what I did this morning, there was a particular fraction of bitcoin I bought last year December and I have a pressing need for money today and I decided to sell the bitcoin today but the money I got is far smaller than the amount I invested.
122  Bitcoin / Bitcoin Discussion / Re: Senators seek crackdown on "Bitcoin" currency on: June 18, 2018, 10:40:34 PM
I'm sometimes  surprise at the reactions of bitcoin holders when any rumor or speculation is heard. We don't need any one verdict to fully trust in bitcoin. We need to believe bitcoin to the extent that no rumor will affect the market.
123  Economy / Speculation / Re: Is market down due to Eid of muslims? on: June 17, 2018, 04:24:43 PM
So many factors are contributing to the depreciation of price of cryptocurrency, the market started going down long before Eid of muslim started. Eid of muslim do not have anything to do with cryptocurrency market.
124  Economy / Economics / Re: Beliefs about money and wealth on: June 16, 2018, 04:51:37 PM
Getting rich is a state of mind. Getting rich need to start from your mind to having rich and successful  people as mentors to working hard and working smart and also learn how to stay rich because it is not all about being rich one day but it is about staying rich.
125  Bitcoin / Bitcoin Discussion / Re: Analyst say bitcoin will Obsolete one day. on: June 16, 2018, 02:09:11 PM
We have so many technology that have become obsolete. Before bitcoin or blockchain technology become obsolete it take up to two millennium. Do not disturb yourself over such analysis.
126  Economy / Economics / Re: Low BTC price is good for Bitcoins at the moment. on: June 15, 2018, 11:22:09 AM
That is what happen in life generally, every negative thing that happen around us is of benefit to some people. As most people even attempt to commit suicide when they discover how they have lost in bitcoin but some will be happy to see bitcoin fall because they can acquire more bitcoin.
127  Other / Off-topic / Re: bitcointalk Bounty millionaires. do they exist? on: June 15, 2018, 10:50:18 AM
Bitcointalk have produce so many rich people. I have two friends that have make huge amount of money through bounty campaign. The first person got up to $100,000 after leaving the coins for months because he did not know that he has be paid.
128  Bitcoin / Bitcoin Discussion / Re: How can a goverment trace you have BTC? on: June 15, 2018, 10:27:19 AM
You can be trace if you sell to an unknown person, you may not know if the person is a government official that is trying to spot out bitcoin owners. If bitcoin is ban in your country it will be very difficult to exchange your bitcoin to fiat because no bank will pay.
129  Economy / Economics / Re: Gold & Silver are safe than bank deposits ?? on: June 14, 2018, 11:57:23 AM
From your calculations it will be more profitable
To use cash that is for savings To invest in gold and silver but gold and silver have it own disadvantages. It can be stolen at any time.
130  Bitcoin / Bitcoin Discussion / Re: Could the Chinese Govt take over the mining of BTC? on: June 14, 2018, 10:40:30 AM
The  possibility of government taking over Cryptocurrency mining is very thin. The government can only create a conducive environment  for miners. If the environment is conducive it will be favorable to all cryptocurrencies fans.
131  Bitcoin / Bitcoin Discussion / Re: Crypto is For Risk Takers on: June 14, 2018, 10:16:48 AM
I have observed too that cryptocurrency is purely for risks takers. I have a very painful Experience last year when I saw a coin I sold for  $300 within one week becomes $3000. Just spread your tentacle and have patience.
132  Economy / Economics / Re: According to CNBC. SEC Chairman Says ICOs Should Be Regulated As Securities on: June 13, 2018, 11:55:40 AM
I'm sure it is not another way of making things difficult for investors  and developers. The only time their efforts will be appreciated is when they have fine a way of eliminating  scam ICO.
133  Bitcoin / Bitcoin Discussion / Re: Possible reason why Bitcoin price is decreasing for last few days on: June 13, 2018, 07:22:11 AM
This was not a question and let me give the possible reason. There is no major negative news and thus it is not because of it. There are next gen of ASCIs which had made mining easier. These are being tested by some pools and cost of mining btc is reduced because of this. They can thus sell for less and thus prices have reduced.

this doesn't even make any sense and you are wrong about some parts. i made them bold.

first is the fact that there was only talk about a big company in Japan releasing their new ASIC that they claim is more efficient than Bitmain's ASICs. i don't think it has reached any "farms" (not pools) yet.

second even if they already have it and it costs less for them to mine bitcoin that still doesn't mean they are going to sell it for less! that is not even a logical human behavior.
imagine this, you are in a signature campaign and lets say they pay you 0.01BTC per week which you sell. if next week they pay you 0.015BTC and price is $7500 will you sell your  coins for $6000 per bitcoin? then why do you think miners will sell it for anything lower?
I am in  agreement with your point,  no miner will sell at a lesser price Even though they have profound another means of mining with  low cost. Even hackers don't sell at low Price.
134  Economy / Economics / Re: How much more fall is possible ? on: June 12, 2018, 11:14:23 AM
The fall of bitcoin is not predictable though we have some market speculation platforms that sometimes predict the price of bitcoin. One news may come up that will alter their speculation.
135  Economy / Speculation / Re: When Will Bitcoin Be Back To $20,000 ? on: June 12, 2018, 11:07:23 AM
It happened towards the end of the year last year so let's wait till the end of the year and see what will happen. The increase in price was due to several forks. So we need more forks this year.
136  Economy / Economics / Re: Is it true that bitcoin immune from hacking & fraud ?? on: June 06, 2018, 08:14:31 AM
We all frown at exchangers asking of submission of means of identification for KYC process but this is the only way a hacker can be identify if He or She take the coin to any exchangers that are under going the KYC process.
137  Bitcoin / Bitcoin Discussion / Re: Which is more risky? Bitcoin or bank investment? on: June 06, 2018, 08:02:57 AM
Investing in bitcoin tend to be very risky because it is new to most investors and most investors do not pay attention to the security of their wallet. In terms of fluctuation in price if you have experience in cryptocurrency  trading you may not loose anything even when the price goes down.
138  Alternate cryptocurrencies / Altcoin Discussion / Re: Coin price before and after airdrop on: June 05, 2018, 07:54:13 PM
The essence of airdrop is to create a wider awareness about a project. Majority of the coin normally fall immediately after airdrop because at that point sellers are more than the buyers. It is advisable to hold and sell when the price rise again. Price normally goes up when the project is executed.
139  Economy / Economics / Re: How can we make this world economically better? on: June 05, 2018, 07:42:28 PM
Poverty is a state of mind there is nothing any government can do to totally eradicate poverty. Even the most stable economy of the world cannot eradicate poverty. Even though you give a poor man 1 million dollar it is just a matter of time the poor man will become poor again.
140  Other / Off-topic / Re: How much time you spend on researching about bitcoins ? on: June 05, 2018, 07:03:12 PM
For now I want to be rooted in blockchain technology and bitcoin so I spend up to 5 hours a day to research about bitcoin. I want to register for an advance bitcoin course online.
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