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161
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Bitcoin / Bitcoin Discussion / Re: Does regulating bitcoins is necessary for global adoption?
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on: June 13, 2017, 05:07:08 AM
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Bitcoin has already gained attention all over the world.But still it has not been accepted legally in many countries except few countries like japan.Regulation is needed for mass adoption of bitcoin.More people would get confidence in using bitcoin if regulated.But if regulated,tax implementation would be unavoidable.
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162
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Other / Off-topic / Re: What's your way of spreading Bitcoin knowledge?
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on: June 13, 2017, 04:51:57 AM
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We could explain our friends personally by showing our bitcoin wallet.They might get interested by this way.We could go and meet merchants individually and explain them the benefits of accepting bitcoin as payment.We should explain them that bitcoin payment could not be reversed.We may post details about bitcoin's progress in our facebook and share it to our friends.
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163
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Bitcoin / Bitcoin Discussion / Re: whats the future of crypto?
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on: June 13, 2017, 04:39:30 AM
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We could not find a cryptocoin better than bitcoin.Bitcoin's network has become very big with large number of users nowadays.So,its quite natural that we would face some difficulties in transactions.But still,transaction fee in bitcoin is lower than other payment systems in payments sent from abroad.Segwit has to be implemented to fasten the transactions.
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164
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Bitcoin / Bitcoin Discussion / Re: How do you keep your bitcoins?
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on: June 13, 2017, 04:31:06 AM
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I store my bitcoins in my electrum wallet in my PC.I have been using it for the past two years.Till now,i have not found any issues.We could set our transaction fee manually.There is no synchronizing problem in this wallet.
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165
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Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear?
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on: June 13, 2017, 04:24:54 AM
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Bitcoin would exist.But at the same time,banks too would exist.Banks consider bitcoin as their main rival.Even in future,due to market pressure,banks too would start to provide services in bitcoin.Banks provide service to customers and they may start accepting bitcoin payments to satisfy their customers. |
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167
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Bitcoin / Bitcoin Discussion / Re: Will countries launching their own cryptocurrencies affect bitcoin?
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on: June 12, 2017, 04:58:47 PM
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No it would not affect bitcoins.Those countries have planned to release cyrpto currencies for their own people and not for global usage.No other country's people would show interest in buying another country's coin.But bitcoin is accepted globally and it has investors all over the world.Bitcoin has gained trust all over the world.So bitcoin would not get affected by any of those currencies.
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168
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Bitcoin / Bitcoin Discussion / Re: BITCOIN DEMAND EXPLODE IN INDIA
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on: June 12, 2017, 04:47:28 PM
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We could see that already indians are late to bitcoin world when compared to chinese.China being dominant in bitcoin mining and india,neighbour country of china has almost 95% of whole population who don't even know about bitcoin.But now day to day progress in india is good to see and definitely it would help for the bitcoin progress.So,we could surely expect another spike in prices soon.
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169
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Economy / Trading Discussion / Re: Loss almost 40%, should stop trading or not ?
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on: June 12, 2017, 11:45:16 AM
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Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?
You have done almost the same mistakes which most newbies do.Even i too did the same thing like you when i entered trading.But don't worry.Even if you have suffered loss,you nhave gained valuable experience which would be helpful for the rest of your trading life.Many have lost even all of their investments.That way,you are lucky little bit.Now don't repeat the same mistake.Do your own research and find the most under valued coin.Invest in it.Also follow the rule "Don't put all eggs in the same basket".Diversify your investment.Invest in two or more good coins so that your loss will be less if coin price drops. |
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170
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Economy / Trading Discussion / Re: Where to learn how to trade
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on: June 12, 2017, 11:36:12 AM
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You could try some youtube videos or just read some websites or blogs related to crypto trading like alunacrypto.com,etc.By this way,you would get a basic idea of crypto trading.Then you have to read charts like one week chart,one day chart,one hour chart to follow the price movements.Then initially you could start investing a very small amount of btc and trade.By implementing techniques which you have learnt from websites,you could gain more experience and confidence.
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171
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Choose altcoin for trading
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on: June 12, 2017, 11:24:25 AM
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You could choose altcoins which were in the market for more than two years like ethereum,monero,dash,etc.You could buy Decred which is a legit coin.Its not a pump and dump coin.It has given good returns to its investors.If you want to buy a new coin,you could buy Golem which has a good concept.
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172
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Economy / Trading Discussion / Re: Trading is unpredictable job.
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on: June 12, 2017, 11:02:22 AM
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There are many people who lost their money on trading, because trading is unpredictable job, in my opinion i need:
Method ( i must have system trading)
Money ( i must have management of money and risk)
Mind ( i must can control my emotion)
Tell me your opinions?
Trading is an unpredictable job.So its highly risky.But risk could be minimized by following certain measures.Financial analysis and market analysis should be done to select the correct coin.ANN thread of that coin should be read,its market cap should be found,how many big companies have showed their interest in investing in this coin should be found and the most under valued coin should be found. |
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173
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Economy / Services / Re: ~~~WAVES~~~Signature Campaign~~~
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on: June 12, 2017, 05:44:19 AM
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I am considering to open a scam accussations against the campaign mangers and op for not releasing my payment and not giving any reason for the same.
Seems like you are the only person not to receive payment. Everyone else has posted on here saying they got it. The admins don't get to see all the questions so maybe they skipped over yours. Be patient. Just check the post below yours.I am not the only one not getting paid.And if I am the only one,that makes it more suspicious.Why you left me.Who are the people behind this? I think your name is in SMAS list.They just ban SMAS listed persons and don't pay them. |
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174
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Economy / Economics / Re: Bitcoin's price is so volatile right now! Why should I even hold?
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on: June 11, 2017, 03:06:20 PM
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With the price of Bitcoin being so volatile should we ever consider buying or even holding if we have bitcoins? What are your thoughts??? What should we do?? As it stands today at this moment, the Bitcoin volatility index reads: 4.57% the latest 30-day volatility estimate 3.54% the latest 60-day volatility estimate The bitcoin volatility index for present day can be seen at: https://btcvol.info/My opinion of bitcoin longterm can be investigated here in this post titled "Hacks & puppets & forks - how to destroy bitcoin": https://bitcointalk.org/index.php?topic=1834310.0One of the main features of bitcoin is its volatile nature due to which traders and investors buy it.Bitcoin price was $1000 in january 2017 and now its price is around $2850.This price change has occured due to its volatile nature.We should buy bitcoins and take advantage of its volatile nature and gain more profits.If we already have bitcoins,we must hold it as it is expected to cross even $4000 by this year end. |
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175
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Economy / Economics / Re: Does the Price of Bitcoin Matter?
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on: June 11, 2017, 02:56:34 PM
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Yes the price of bitcoin matters.Bitcoin has got attention all over the world today only due to its high increase in price.If bitcoin price increases more,more people would show interest in buying bitcoin.On the other hand,if bitcoin price falls continuously,then more investors would sell their bitcoins and switch to other altcoins.
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176
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Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular?
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on: June 11, 2017, 02:46:29 PM
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
If bitcoin had a stable price,definitely it would get popular among merchants who now mostly don't accept bitcoin payment due to its high volatility. But at the same time,traders who get profits mainly due to the volatility nature of bitcoin would loose interest in buying bitcoins. Even normal people who buy bitcoins due to its rapid increase in price would also loose their interest in buying and holding bitcoins. |
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177
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Economy / Economics / Re: Bitcoin or gold?
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on: June 11, 2017, 02:38:10 PM
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If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
I would choose bitcoin instead of gold as bitcoin has given tremendous returns to its investors while in the same time,gold has given very few profit.Gold being in existence for centuries is an added benefit for gold but bitcoin too is working on a secured block chain technology.So our investment in bitcoin is safe. |
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178
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Bitcoin / Bitcoin Discussion / Re: bitcoin is broken
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on: June 07, 2017, 05:54:14 PM
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i though satoshi wanted bitcoin to become a currency not just another stock in the DOW
it is now more expensive to use bitcoin to buy or transfer anything than to use your banks visa card.
the whole point of bitcoin was to "phase out" the big banks or whatever not to become the next goldman sachs
if any bank charged 10$ to withdraw 25$ it would be shut down by the government.
Bitcoin has lost one of its important feature of low transaction fee. But still,it has many other important features for which still people wants to buy bitcoins at any cost.Still transaction fee is low when money is sent from abroad when compared to other money exchanges. |
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179
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Bitcoin / Bitcoin Discussion / Re: That day when Bitcoin hits $50,000.-
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on: June 07, 2017, 05:45:45 PM
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That day when bitcoin hits 50,000, and this topic wil be replied and honored by the new folks whom are new to Bitcoin by then, the day when multiple countries have the coin in use in shops and services, the day when you get paid 0.05 BTC a month for a fulltime job, what will you do with your precious coins? when this appears on your screen...
$50,023(+0.12%)
1 BTC
Will you hold them with the knowledge of becoming a millionaire, or a multi-multi millionaire? Or wil you find it enough and trade some or most of your precious, precious coins for money to buy something really big, or use it to start up your own big company?
For me, I will keep them. I might only sell a tiny bit if I would like to make a purchase of something, but for the rest I would keep all the coins knowing that 50,000.- is just the start of a new beginning (just like 2017's 2700 compared to 2014's 200.- already)
I am curious what you will do that day, when this post gets replied and all those people wish they started in the time that we did. The day when you, me and all other Bitcoin buyers basically have won the lottery, what will you do?
If one day or the other,bitcoin price hits $50,000, then definitely i would sell some of my bitcoin say 0.1 or 0.2 btc and i would either buy goods of necessity or luxurious and enjoy my life.I would retire from my job and start travelling across different parts of the world to enjoy my life. |
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180
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Bitcoin / Bitcoin Discussion / Re: Russian's own Bitcoin - What will be the impact to the original Bitcoin?
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on: June 07, 2017, 05:39:36 PM
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Russian is planning to have its own version of Bitcoin backed by the Sberbank. "Sberbank CEO Herman Gref has “agreed” on the development of a Russian national cryptocurrency with the country’s central bank. Sberbank is Russia’s major state-controlled bank. In unofficial reports from local news aggregators, the so-called “Russian Bitcoin” will use Sberbank as its base and will be “the only cryptocurrency freely available for sale and purchase” in the country. “All other [cryptocurrencies] will only be available via exchanges or trading platforms,” the Telegram news channel DeСenter reports Friday. "https://cointelegraph.com/news/russian-bitcoin-will-be-countrys-only-freely-tradable-crypto-sberbank-ceoWhat type of impact(s) will this have on the original Bitcoin? Would the Russian Bitcoin survive? Would the original Bitcoin be treated as a lower "second tier" crytocurrency in Russia or even in the world? Would the original Bitcoin value goes down? What is your thought on this? Russian crypto currency would have no impact on bitcoin as bitcoin does not depend on Russia for its survival and bitcoin is universally accepted.Already,some countries have created their crypo currencies,but nothing could match with bitcoin. |
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