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61
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Economy / Speculation / Re: Bitcoin Price Analysis
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on: May 16, 2018, 09:35:33 PM
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The red map of market be due to the negative impact in the market, and some FUD, now we see slowly growing bitcoin and thats good
Bitcoin price analysis actually is the analysis about the response of the investors to the theoretical prices in survey. Furthermore, in price analysis, there is the examination and evaluation of proposed prices. In simple words, it is the analysis of the investor behavior to the prices of the Bitcoin. A sharp and long term investor is never pessimistic when the prices of Bitcoin fall but only the impatient one. |
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62
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Economy / Economics / Re: China will become Super Power ?
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on: May 16, 2018, 09:26:14 PM
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Japan too, is making hog lips towards being a super giant and atleast I think japan can easily defeat china.
China is the real super power now days due to huge scale exports. If you look at the markets, almost all the goods you come across with will be made in china. China is famous for its development in industrial states. China is a strong country because of its strong economy. China is famous around the world they have fully controls over the world and another interesting thing is their product is every where is the markets around the world the predication is that china will be the next super power in the world. |
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63
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Economy / Economics / Re: Bitcoin as savings, emergency needs possible?
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on: May 16, 2018, 09:06:29 PM
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I do agree that Bitcoin is not just an investment but as savings. Because you can not just easily spend outside unlike fiat money.
It is possible to use Bitcoin in the time of needs and emergency but there are several conditions you have to understand it. The value of Bitcoin is volatile that is it sometimes goes up and sometimes goes down. Paper money on the other hand is a bit consistent in the value. But yeah Bitcoin can be used as money in emergency as we have innumerable BTMs installed across the Europe which gives you cash in terms of Bitcoin. And what good would it be if the hospitals start accepting Bitcoin. |
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64
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Economy / Trading Discussion / Re: Trader or Gamblers.
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on: May 15, 2018, 09:32:16 PM
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Trading and gambling may almost look as if they are the same, the truth however is that both trading and gambling are totally different. Trading rely on skills and gambling require the same. But the skill set are different and it's ever changing particularly for trading.
Yes trading and gambling is almost look alike so even if we say that we don't gambling hence trading is somewhat like gambling where you are playing a game that you don't know if you're gonna win or lose. But this two become different from each other in a sense of a purpose of a person who choose to trade or gamble. Gambling is wrong and illegal way of earning in many countries and south Asian countries as well because this is a busted way of getting profit as it is not a system of investment and the disadvantages are a lot. So gambling is a fail way of earning and system of failure while trading is a very good and legal system and is allowed to the people of any country to trade and get profit. |
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65
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Economy / Trading Discussion / Re: How to start trading?
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on: May 15, 2018, 09:21:53 PM
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I see OP ask about security and this is a very valid question.
This is the most important task to secure your accounts. You want to have all kind of authenticators in place. I thought in the past that this is so annoying, unneeded and time-consuming to put all these codes, passwords, etc. I was so wrong. All available security features are your best friend and you want to have them activated. Withdrawal passwords, email confirmations, SMS, google authenticator if available. There is no reason to trade if you get hacked.
This is little time consuming but only when you withdraw. No influence on trading at all. I think this is good that you have to put all these confirmations before withdraw because this makes you more focused and you have the chance to triple check everything which should be your primary habit when using cryptocurrencies. Especially on exchanges.
Starting trading is a very easy and simple procedure but a person will must be responsible to work accordingly and make sure the process goes on with the help of guiding principals. Creating account t in any exchange will be better that is providing a path for your selling but remember there are a lot of fake exchanges and you can be trapped so be careful about the exchanges. The trusted exchange is the Blockchain through which you van sell your coins for profit. |
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66
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Economy / Economics / Re: Investment in Bitcoin vs Investment in Education?
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on: May 15, 2018, 09:15:05 PM
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I have both. education is now an important point of life, and it can be a very good investment in the future. well, bitcoin is also the same, so when i have a chance to invest in both, i will do it.
An investment in education is life long thing that keeps on giving because the jobs that you may have are mostly dependent on the the type of education that you received and it will be to invest in education because you will then have more money from your salary to invest in Bitcoins. In market point of view both are necessary things to survive and both are dependant on each other. You can not leave one by other and can not underestimate one or both because we have a long life to live with it and without these both survival would be very difficult. This modern world needs a person to invest in crypto because this source is easy to make profit for you and without education it is impossible. On the other hand if you have no resources then you can not take education so both are dependant on each other. |
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67
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Economy / Speculation / Re: Ten years later
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on: May 13, 2018, 10:02:02 PM
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Ten years to this time cryptocurrency would have be everywhere.
The only thing which I can say is that after ten years, there will be more than half of the population of the entire world who will then be knowing about the crypto currencies and that they will be investing a lot of money into the crypto world. Other than that, we may also be able to see the government taking some positive steps after this much time and that there will be a significant increase in the market values of the crypto coins too. |
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68
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Economy / Economics / Re: Can it be possible for the whole wide world use a single currency?
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on: May 13, 2018, 09:49:27 PM
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It is possible and achievable in the likes of cryptocurrency,as we can see that bitcoin is getting global acceptance and if well regulated it can be used
There is nothing in this world which is not possible to achieve and that this thing can happen but for that, a lot of efforts are needed to be made and that the governments of all the countries should be willing on doing so. At this very moment, almost all the countries are having their own currency and that it will be a tough job to make them convince to leave that currency and use one standard currency. |
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69
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Economy / Economics / Re: What happens when there is NO electricity? How does one trade with BTC?
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on: May 13, 2018, 09:39:54 PM
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I think it is impossible if there is no electricity in our lives. all bitcoin trading activities will be paralyzed and will not be able to walk again. and all investors will suffer huge losses and economic destruction will occur worldwide.
Sometimes blackouts happens, even in united states of america. So without electricity, one can't execute a transaction, he can't transfer, he can't send or receive bitcoins. Also internet the same, without it, the network connection is not presented. In the world of the crypto currencies, the role of the electricity is very much important and that there is no possible way that you can do anything without having an internet connection or electricity. You need to have both the things, only then you can think of performing any kind of transaction or operation. In case there is no electricity, you need to wait until and unless light comes back. |
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70
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Economy / Speculation / Re: What happens to bitcoin? up or down?
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on: May 13, 2018, 09:22:21 PM
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It's "do or die" time. Bulls need to hold $9,000 and form a spring now, otherwise this is probably going to cliff dive. If this long is going to play out, it's coming down to the wire. Bitcoin loves to hang off the edge of the cliff before breaking upwards. That possibility is still open; SL has not triggered. But it's definitely time to pay attention, and if we fail this level, you should consider cutting leveraged longs and hedging.
Woohoo! Bulls held $9,000 and formed a spring! This is good news for two reasons. First, we are seeing impulsive bullish action off the lows, which usually means more impulsive behavior will follow:  Secondly, the strong reaction off the local lows means we can be very confident that stop-lossing sub-$8,980 is the correct move. Anything below that level means this bounce failed miserably, confirming bear momentum. The Bitcoin is generally a currency that fluctuates and varies directly with the demand of the people. We have the fluctuations so many times and these all happen with the increase and decrease in the demand for it. The price of Bitcoin these days has taken the decrease trend and is going down again but these are the little and small fluctuations and giving us the opportunity to invest in low market. |
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71
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Economy / Trading Discussion / Re: WHAT DO YOU THINK ABOUT MARKET NOW
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on: May 13, 2018, 09:14:10 PM
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As of now, markets are now in downtrends so we better hold on in our sit. Another crisis is being investigated, based on the article that I read, one of the biggest south Korea exchanges (Upbit) is under investigation for fraud in charges of faking its balance sheet and deceiving investors. Maybe because of this markets are all in red so we should patiently wait for it to recover.
I think the market is stable these days and if we loom at these few days the market price was stable few days ago and today the price has taken the decrease trend ways and that is why the price is going low due to the demand of people the price fluctuates. Soon the Bitcoin price will come to a better place and that would be the time we think for casting the opportunity. |
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73
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why the crypto is dropping again?
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on: May 09, 2018, 07:55:10 PM
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I thought the market is recovering, but BTC and most of alt coins are dropping again today.
Should I sell my coins?
I think this is just a price correction because I didn't find any bad news that could affect the market this week don't panic and be consider before selling coins, so it's back to you To be very honest my friend, I don’t know why people go all crazy and panic during dips while they know the fact that bitcoin as well as altcoins have a volatile nature which means it is not possible for them to keep on rising or stick with one value. Dips are a part of this journey too and these have a very important role to play which I am afraid pumps cant. Buying of asset at low price is only possible in declines. |
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74
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Economy / Trading Discussion / Re: How To Make Money From The Bitcoin Crash
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on: May 09, 2018, 07:36:29 PM
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I think the time has gone last month itself when it fallen down to $4000 there was huge new traders purchased BTC and they are making profit out of it. Experts are saying the price will again raise like how it happened in the December last year. The market is recovering slowly after the sudden Market crash. Hope the prices will remain stable in the month of May. Many experts are saying that the May month is Good for Crypto.
Bitcoin prices is able to recover now after the big crash in last few months ,I believe it has a chances to improve the market in a months later so I better to prefer buy more bitcoin for us to be secured and to earned a tremendous profit when its value pumps up. Bitcoin has the tendency to rise in the second and fourth quarter of the year and we are in the second one currently. It is expected to keep on moving forward till the month of July. There can be slight decreases but overall, we are going to have a higher value by the end of this pump phase. Investing now means getting some big amount of dollars within next two months. A golden opportunity indeed! |
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75
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Economy / Trading Discussion / Re: how to trade efficiently?
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on: May 09, 2018, 06:29:48 PM
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Trade efficiently with the help of analysts who provide signals. Trading on signals is more successful than choosing coins yourself, without having certain knowledge.
Knowledge and understanding of asset as well as this profession is the most important stuff for a trader. He must first gather as much information related to these as possible. Following experts and observing accuracy in their predictions, keeping in mind the past behavior of a coin and at last never letting oneself get dominated by his negative as well as positive emotions. Only then, he can survive here. |
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76
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Economy / Economics / Re: can you imagine bitcoin as your prime currency.
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on: May 09, 2018, 06:09:45 PM
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Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
I will agree if the government will implement cryptocurrency as our primary use because the prices of goods or products will be cheaper since bitcoins is growing its value each day in the market depending on the amount of supply and demand. No my friend, it is not that the prices of products will decrease with an increase in BTC value. Basically, we will be paying an equivalent value in bitcoin but there will be fewer bitcoin to be paid. I hope you are getting my point. Whenever price of an asset rises, less amount of it can by the same product. Moreover, bitcoin is the best investment at the moment so governments should let citizens become rich this way. |
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77
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Economy / Economics / Re: Banks Won't Make You Rich
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on: May 09, 2018, 06:03:17 PM
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Well, as far as I know, the purpose of Bank is to secure your funds, not for making you getting rich. Honestly, I don't have any background in Banking.
But my friends can get more income by depositing his funds to Bank, and I not sure how much his profits while depositing in Banks.
I do believe, invest in crypto still better, as long you doing it right and choosing good crypto assets.
But isn’t it damn unethical to use someone’s money without his consent or even telling him? Banks invest our money in business and make good profits.so I think it is our right to get some share from those profits. Just think, why are these desperate to take money of common people and secure it for them? The reality of this world is, if someone is doing well with you, ultimately it will benefit him more. |
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78
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Economy / Speculation / Re: Hold or Sell
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on: May 08, 2018, 08:45:34 PM
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Selling at this point of time doesn't make any sense as price is not as per our expectations and it has dropped down in recent times so better to hold and wait for the price to go higher once again which is surely possible in next couple of weeks and if you sell now that its gonna be less profitable for you and I think this is the good time to buy bitcoins at cheaper price as anyhow it will reach to $25k price in this year so buying now and selling at that price can be the best decision to make.
Hold your coins if you have it and buy coins if you do not have because the first saying is about those who have invested at low market and now want to thin k to sell out but I will advice then not to sell out. The second saying is about the new comers or new investors that the market is still achievable and affordable that will lead you to the high market where you will get profit everywhere. |
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79
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Economy / Trading Discussion / Re: How to know when to BUY?
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on: May 08, 2018, 07:41:21 PM
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Hello, Can somebody explain how to decide buying an altcoin? Let me write what I know; - Check the coinmarketcap.com and choose ones with high volume
- Check the projects
- Check the chart, if it is pumped, don't buy, wait
- Check the chart, if it is dumping, wait low volatility
Please correct and/or add other ideas to help noob traders like me  I will try to give merits to good posts as much as I can. Thanks. You got the correct idea on how to invest, and I think you are not a noob player anymore because of the hint you shared. That would be great help for those new traders and new to crypto on when and how to understand cryptocurrency and trading. You should buy at the low market in order to use your less amount or in other words to invest little and get more coins. The time you want to buy and sell can be predicted by monitoring the market and the trends Bitcoin is going with and the graph trends as well. These all will guide you when to buy and when to sell out but remember that you should buy at low market and sell at high market. |
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80
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Economy / Economics / Re: Bitcoin vs. Gold Prices
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on: May 08, 2018, 07:29:47 PM
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Gold is far better than volatile btcs. The former is physical portfolio that assures investment benefits but not like thos virtual cryptoz
Yes, you should be content with 10-155 annual return with your gold while we make that much in a day. It is funny to see people still sticking to gold or other traditional investments. If you will buy more than this even then you won’t earn high with bitcoin so it is the good to buy bitcoin instead of gold, People are not really aware of it that gold investment is now an old fashioned investment which consumes more investment but gives small profit; it is good to buy bitcoin only and earn high profit than any other investment. Bitcoin is at the stable path these days and the price is moving around 9k dollar which is a biggest achievement because the price was very low last month and from the start of the year but suddenly the price started the increase trend and now the value is stable at this stage. Gold is better but you will get less profit as compared to Bitcoin profit. |
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