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1441
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Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit?
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on: October 28, 2017, 07:06:02 PM
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Just fun. To rely too heavily on profit makes it less fun and destroys the point of playing g. You must play for fun and winning is just a hope we have and how long we hold in to that hope. But never make it so you rely on that hope. Don't spend what you need then force yourself to rely on a big win to survive.
Why are you using real money if you are gambling for fun? Fantastic point raised. If you think okay I am going on for fun or entertainment purpose then what is the need of playing with fiat money. Why you just go in there and in the name of fun and hobby, you just lose so much money every day? Things are not as you understood them. You are losing your money every other day and you have to wake up from this bad dream. Wake up! |
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1442
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Economy / Speculation / Re: bitcoin can drop 2000$ before end of this year
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on: October 28, 2017, 06:27:14 PM
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No, i don't think bitcoin price will drop to 2000$ before end of this year. For sure many will get very disappointed if that happen but i think it will not. Maybe bitcoin price will decrease a little for many times before the year end but it will still rise and rise again until it will reach 7000$ until beginning of 2018.
yes you are right and i am agree with you that the bitcoin price will not drop to again 2000$ at the end of this year because nowadays bitcoin are become very powerful currency and many people want to adapt it, so therefore people need to no worried about the bitcoin price that it goes to drop and yes there are very less chances of bitcoin that its price are below to 5500$ but i hope that time will be very good time for us because this time we and many people buy it very easily. |
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1443
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Economy / Trading Discussion / Re: When do YOU sell?
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on: October 27, 2017, 08:06:36 PM
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I will do sell if I think the price will never get higher. You have to learn how to read the flow of the graph if the trend will go higher or not. Before the price goes down, you have to withdraw it to avoid big loss. Also, you need to read the news about Bitcoin to know the forecast and make some plans about it. However, as of the moment, the price is too high to buy but it's the best time to sell. 😊
Yes that’s the right strategy to make a lot from the coin you owe most of people are in greed that it will go up more but suddenly dump time starts again and they are regretting that they could have sold their coin, so whenever prices gets higher and stayed around that value for more than two days sell your coins at that that will give you profit otherwise future is unpredicted in crypto otherwise you will wait. |
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1444
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Economy / Economics / Re: Holdings of gold vs Holdings of btc
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on: October 27, 2017, 07:22:36 PM
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For me there is little comparison, bitcoin can make you rich, gold can just keep you rich
Although bitcoin prices go up, but we never know what's going to happen with bitcoin's future, it's all guessing and speculating, the gold price is stable and despite the increase of only a dozen percent annually but I suggest to keep investing in gold. Gold is old now because its prices are stable now whereas bitcoin its prices are not stable when it goes down it give chance to people to invest into it and when it comes up then it give chance to the people to cash out their profit bitcoin is versatile, gold was used in past to make money and before bitcoin it was main sources of making money but bitcoin affected its investor, every investors is asking about bitcoin. |
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1445
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Bitcoin / Bitcoin Discussion / Re: Why do some government ban bitcoin?
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on: October 27, 2017, 06:50:15 PM
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i don not know exactly.. but maybe government has a many reason so they ban bitcoin
but if people say the reason is government dont know about bitcoin
i think it is wrong. government must be know about bitcoin but they have the other reason
In our country bitcoin is not banned instead the central bank is making policy guide lines for virtual currency exchanges. It is the policy of the Central Bank to provide an environment that encourages financial innovation while at the same time ensure that it will not be used money laundering or terrorist financial activities and the financial system and financial consumer are adequately protected. Basically bitcoin is a decentralized and government has no control on bitcoin that’s why the government feels fear that might all the people not invest their total amount in bitcoin. Government runs through banks and banks runs through masses investment so if people invest their amount in bitcoin then what will the bank does and how the government will run. Keeping in view these panics governments are banning bitcoin. The main reason the ban is that they can’t put its price in their own hands and on this point they become wrong they start thinking that it will give loss to their national currency and this thing is worst of them and more of it the sensible government never thinks about banning such a precious and profit able coin that Is bringing business and development in their region and sick management will do opposite. |
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1446
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Bitcoin / Bitcoin Discussion / Re: Do you think digital currency will ever replace paper money?
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on: October 27, 2017, 06:31:08 PM
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I don't think digital currency will ever replace paper money, not with third world countries. It will be difficult for them to adapt to such changes due to social, government and financial constraint. Such countries also have problems about internet connection. Moreover, currency is often viewed by people as something tangible, something that can be held, that's why I just can't see digital currency will ever replace the paper money despite its advantages.
you keep on thinking and it is going to replace physical one and yeah in first world countries people are more relaying on bitcoin as compare to cash they use bitcoin for the daily purpose they pay their bills through it and on top of it bitcoin Is the most beneficial as compare to the flat currency and people are eagerly coming toward it because cash in pocket is not giving them any of ease earn profit in wallets. |
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1447
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Economy / Economics / Re: bitcoin benefit of saving for a long time?
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on: October 26, 2017, 04:15:45 PM
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Looks like, Ya. Because, there are some of my friends hold bitcoin since 2 years ago and just sell it now. They get tremendous profits, even there is one friend who can buy a house from his patience hold bitcoin. Good achievement for bitcoin holder in my opinion.
Yes holding bitcoin for long time will give a lot of profit and I am just thinking of those who bought it at 60$ and now it is at 6k they are in party mood now and bitcoin is the best option for those who want to secure their future by this way they can investor saving into it and keep on investing and when after some year they take their money out they were a sort of millionaire at that time, so make future secure. |
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1448
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Economy / Trading Discussion / Re: Does Bitcoin have a future?
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on: October 26, 2017, 11:48:04 AM
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By looking marketcap owned bitcoin is very giant. Then becomes increasingly clear that bitcoin has very convincing future and this isn't a bubble as people had predicted before. Bitcoin has the advantage that can compete as a currency.
As by seeing the popularity graph rises future will be all about bitcoin and people will use it more for currency use in future. A lot of regions are thinking to join and this will bring more used to the region and this is the benchmark that was set in the start of bitcoin and now it become the most famous currency of world and whole world is talking about this at every level so invest in it for the betterment of future. |
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1449
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Economy / Speculation / Re: What do you think ? Bitcoin is going to hit big value soon like 7000$ and more ?
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on: October 26, 2017, 11:18:35 AM
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No one can surely said what will happened with bitcoin but it is predictable that bitcoin will hit more than $7000 anytime.but its not possible to say when it will happen.we can just hold our coin and wait for a good time.
Don’t lose hope bitcoin will surely go to 7k$ and more from it, as we all know that prices are pumping in no time and will surely cross this figure also in no time don’t be panic as prices is down a bit but it will go up soon and don’t miss the chance to avail now because buying at low will give a lot of profit in future and that time will be near in future also when there is profit everywhere and many are waiting for this. |
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1450
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Economy / Economics / Re: New rich people thanks to BTC
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on: October 26, 2017, 10:19:09 AM
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I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.
This is the analisis I made:
On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd
On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd
On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd
Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD
That is amazing.
I wonder what are the new rich people doing right know? have they realised that they are rich yet.
Having a self realization of an individual of how he rich he have gone through depends on the standard of that individual to gradually state that he is already a rich man. It was really obvious that because of bitcoin, there are lots of simple individuals that have upgraded into rich individuals. The presence of bitcoin make it a way of creating and building up new sets of individuals which is a clear implication that bitcoin is capable of changing one's life into comfortable life or simply be a rich man. There are a lot of people around me who just became rich because of bitcoin and they tells their story to other and people are really impressed and asking how to invest into it and bitcoin has this quality that it raises the standard of its investor and this is the best thing that it gives every investor regardless to the region and those regions where it is acceptable all are doing into bitcoin because they all want to earn. |
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1451
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Economy / Trading Discussion / Re: When do you plan to sell?
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on: October 25, 2017, 08:41:13 PM
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For now, its not on my mind selling my bitcoin. I have a mindset of just holding it, the market demand is continuously growing and the bitcoin value is also moving forward. I think Ill be selling once the number of bitcoin users doubled. Im currently having a good profit since I invested some good amount, and expecting to earn more.
This is my scheme : if i have 2 bitcoin i will spend 1 bitcoin daily in hope to grow it in the market and another 1 bitcoin to hold it forever. So i won't sell my bitcoin anytime soon , and when it comes to trading i'll look at the sell wall for simple way and follow the train to sell. But when i have a lot of time to make a research i will look at the bearish or bullish potential , of course with my own speculation. Yes that’s the good thing to hold coin for the life time as now prices are at 6k and in future prices will be at the maximum point that time will be very fruitful for you and selling is concerned to the maximum price don’t sell all the coin sell some of them and hold other for the future maybe in future you will earn a lot through them and a lot of people are very aware of this techniques and I am also doing so this is best. |
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1452
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Economy / Speculation / Re: Bitcoin again down?
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on: October 25, 2017, 08:27:46 PM
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Bitcoin is down again and its time to buy again at this time as it will rebound again in the next few days for another hardfork on November.
Yes there is bit fall in the prices and buying season is now on and the one who is awaiting for the low price to invest into it he must have to buy now because who knows what will be price at next morning and on top of it we all knows from our past experience that after every dump there is a pump and price has just fallen a hundred dollar but it will surely rise to the maximum price of this year so don’t wait. |
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1453
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Bitcoin / Bitcoin Discussion / Re: So Bitcoin is better than Gold?
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on: October 25, 2017, 07:42:28 PM
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So Bitcoin is better than Gold?  Not really. Gold has price stability and is unaffected by any condition. Unlike the bitcoin that still have some shortcomings that could cause the price of bitcoin to fall which may not have Gold was famous in old time to make money and the question about stability is just a joke when prices will become stable how it will be used for money making this is the blessing of bitcoin that it fluctuates its values and this attracts new user as well and more of it due to this behavior of bitcoin people are rushing toward bitcoin because its prices goes high in no time and gold is just in jewelry. |
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1454
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Economy / Economics / Re: Should I stop Buying BTC?
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on: October 24, 2017, 07:44:36 PM
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If you are still buying bitcoin do not stop. but if you just stopped buying bitcoin don't start to buy more.
hold and wait and try to trade
Yeah man you don’t have to stop yourself from buying because as by seeing the market critics there will be much more profit in the future so don’t miss the golden chance because price is still reachable and invest into it so that you can enjoy your life without financial worries and there is possibility of price going into the lacs and that time will be no far when you will feel proud on your buying decision. |
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1455
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Bitcoin / Bitcoin Discussion / Re: Bitcoin reaches a record level, surpassing $ 6,000
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on: October 24, 2017, 06:03:15 PM
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Bitcoin reached record value Friday, exceeding the $ 6,000 threshold, and reaching a total capitalization of over $ 100 billion, as investors continue to look optimistically at this virtual currency, which exists in limited quantities and which has opened the way for several ... MoreThis is definitely good to hear. It is just overwhelming since Bitcoin have gone through difficulties on the previous month but still, it was able to overcome all of it and even come back stronger. It is now priced at 6009$ and is still increasing. It is also expected to have a market value of 7000$ or more before this year end. This time was much awaited by every investor of bitcoin because there are a lot of ups and downs in past few months that take bitcoin so low but now fortunately it is at 6000$ and the time of profit seeking has be started and people are acquiring a lot of profit and still others are waiting for their desired price and that will also come soon bitcoin proved itself again that it will never let anyone down. |
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1457
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Economy / Trading Discussion / Re: Stocks or crypto ? which has great future?
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on: October 20, 2017, 10:30:26 PM
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haha you will have just as much tension and stress trading crypto's, when there are 100%+ swings up and down in a day!!
Surely day trading these swings would be more profitable short term, unless you are looking to relax.
I think it depends open your own well. The question is what you want because one should follow his ego the most. If you are happy in stocks then that is good but if want to shift your investment to the second side then that will be better, but one thing in your mind that in this you will not be satisfied and relax. Tension will be there with you because of the variations I every second in the price. At present, if we make a comparison in between stocks and crypto, then I believe we will be left with no reason to deny this fact that crypto has much more features than that of stocks. With the advancement in technology, things have change a lot. The way people are investing in crypto is the proof of this thing that crypto is going to make its good reputation amongst the people. |
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1458
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Economy / Trading Discussion / Re: How do you deal with loss?
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on: October 20, 2017, 09:28:39 PM
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So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?
If I encounter it I might sell loss, if some altcoin drops too fast instead of continuing to hold, I can sell the hole to reduce the loss. That's why i don't deal that much with the newer untested altcoins yet. You won't know if it's going to bounce back or not compared to trusted regulars like btc and etherium. I seldom end up in losses now because with these coins i'm trading with, all you need is patience. It is not only related to the world of trading but for holding also, if you want to be successful then patience is the key. Profit and loss are the part of business, there is only one to recover your losses and that is to invest with fresh mind after the loss with better plan and strategy in your mind. Keep on learning from your past mistakes and try to remain motivated always. Do not lose your heart. |
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1459
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Economy / Trading Discussion / Re: How do you Panic?
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on: October 20, 2017, 08:37:05 PM
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There are some differences between business aircraft and bitcoin business, daily traders must know about this. Trading is a gambling game in my opinion, whether you make a profit or lose money. But in the bitcoin environment, there is no damage after I invest in it because the value of bitcoin continues to increase over time. All I have to do is find the dip to buy and keep it lasting.
Everyone panics at different scenarios, some may panic on downfall of the prices of their investments, some panic when they had hard times in family or any other office issues. I usually don’t get panic as soon like others because I know how to control my emotions so that my decisions are not affected while trading at the time of crisis. Yeah, I think the present is a time of crisis, people are very scared when they look at the price of bitcoin, some people have made the wrong decision and sell all their bitcoin at low prices, they will soon regret, in the past, I was also a victim in this situation. However, at present I know emotional control and I have a lot of experience, knowledge, that made me feel very calm, even I was not too concerned about the price of bitcoin fell, and I always say to myself, if afraid, turn off the computer and go to bed, it is quite effective I guess i panic when i don’t see the rise of bitcoins and i don’t get the desired results seeing the value of bitcoin dropping. But i try to keep myself calm in such conditions and try to think of the positive things. Because eventually it is going to benefit us in the future. So stay calm guys. well people always panic when they really didnt have an experience of such thing and they are afraid of loosing something because of it.i think the best thing to do is to keep looking for an update and think possitive . There is nothing special for which I got panic because I earned most of my bitcoin in this forum while joining signature campaign. The only reason for me to be panic is the payment which is in bitcoin when we post the payment being set to our bitcoin wallet, and the price in these days is not so high therefore the value of our income is not so good. Only this make me worry otherwise I feel normal. There are so many occasions when you get panic and lose control over your nerves. I do panic mostly when I see the prices going down or I see myself getting in loss. But I have learnt this thing from my experience that remain cool and calm no matter what the conditions are. So this is what exactly I used to do when I get panic, I try to keep myself under my control and remain calm. |
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1460
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Economy / Trading Discussion / Re: What to do when prices are falling
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on: October 20, 2017, 07:57:50 PM
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When the price is falling I'm always checking the price everyhour if it will be a big dump or not . if its decrease over $500 im selling my bitcoin so fast so when the price reach its lowest point im gonna buy again so i can make another profit in the future. that's a basic trading but always work. don't buy bitcoin at high price wait for the dump and then buy as much as you can then sell it on a high price.
Buying more bitcoins at the time when the prices are falling down is the best thing and is the most preferable thing which everyone should do. But the fact is most of the owners fail to do so. They get panic and instead of holding their bitcoins, they go for selling their bitcoins at low prices which result them in huge amount of loss. Patience and controlling your nerves is the best thing to do at that time. |
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