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21  Economy / Economics / Re: why bitcoin is so much special than others currency ? on: March 04, 2018, 11:49:42 PM
With Bitcoin people get the liberty to exchange value without intermediaries which translate to greater control of funds and lower fees. It’s faster, cheaper, more secure and immutable. It has a global acceptance and is less volatile than cash / local currency. Due to this feature, it becomes easier to conduct transactions across boundaries and online. It also allows exchanging value over the internet without any intermediary and gives its users access to their balance through a password known as a private key. So it’s private, secure and at the same time,open. Bitcoin has two things going for it that help significantly in this respect. Stability and entrepreneurship. Both far exceed that of altcoins thus far and will make catching up very challenging.

I agree that Bitcoin currently has the broadest ecosystem and currently, the highest utility. However, there are at least two alts that are better poised to be more useful going forward. Ethereum and smart contracts are clearly something that could prove to be more useful in the future and have far wider implications. It functions as crypto just as well as Bitcoin, but has so much more potential functionality that can be built on top of it. The second is Ripple, which has major backing from major financial institutions. This backing is going to be more valuable to people who want the integration of crypto with major financial institutions. It seems more likely than not to be that eventually Ethereum or Ripple, or both, will surpass Bitcoin in market cap.
I do not hope the the market cap of Ethereum or Ripple or both will surpass Bitcoin someday. Only the technology of both coin are better than Bitcoin at the moment. Both inherit the essence of bitcoin technology that builds systems, technologies that are much better than their biological father. That is the best thing for me.
22  Economy / Economics / Re: Bitcoin is Freedom on: March 04, 2018, 11:43:11 PM
Being a bitcoin member we are freedom from all obligation from the government down to the bank system that give us too much problem in withdrawal and deposit money. we have a freedom from corruption and same treatment no VIP
Yeah and it is the additional benefit of bitcoin that using bitcoin will make you avoid going out to cash out your money for use, it does not take any time and not charging any fees but you will have to hold your bitcoin in your bitcoin wallet and you will get the high return form it, bitcoin is good to use as it is an independent currency and it does not wait for the official budget to increase in price as much as people invest in bitcoin it use to increase itself in price so bitcoin is all freedom.
Freedom? The value of Bitcoin is not freedom. Although its technology is freedom but the value of Bitcoin is depend on its investor. Like FIAT depends on Gold, Bitcoin depend directly on the investor. More investor put more money into it, its value will increase and reverse.
23  Economy / Economics / Re: Electronic Money vs. Physical Money on: March 04, 2018, 11:31:11 PM
Better invest in crypto. They at least requires some work. In a case of fiat, they can be drawen easely.
To me, electronic money considered as a significant asset and it contains all of the money in it, there are many wealthy people created from Bitcoin, and I wish that soon there will be many wealthy people. More from Bitcoin, there are so many poor people in the world, these virtual coins help them to live a better life.
Honestly, Electronic money does not mean it is a concept for Bitcoin. The government just called Bitcoin with this name while they do not have enough knowledge about history growth of cryptocurrency. Why do we call Bitcoin is cryptocurrency? The government have to find answer for this issue first.
24  Bitcoin / Bitcoin Discussion / Re: When will banks start a war against bitcoin on: March 04, 2018, 11:23:28 PM
Well it already starts, not a war but a refuse to accept Bitcoin. There is a scenario in my country that a bank account is order to be close because of Bitcoin transaction in the account. When the user ask the manager why they its because of that reason and there is nothing they can do about it.
I think they do not have any such strategy but in fact they are not accepting bitcoin because of the government policy, i think that once government will make bitcoin a legal currency then they will also start accepting bitcoin and will even start depositing bitcoin in banks, but i think it will take a lot of time and is not possible so early.
No, why do the goverment have to use Bitcoin like the national currency and accept it? They can use the Bitcoin technology to build their coin and those who do not understand the truth of the Bitcoin technology will let that new currency affect to give up Bitcoin. This is the strategy of the government in the next time, let's see what they will do.
25  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Sound Money? on: March 04, 2018, 11:12:48 PM
Yes because bitcoin is real money. From the word "bitcoin" the word "coin" is already a sign of that is a money.
The only problem is if you will going to use it for your transactions, you canont hold it or use it unless you have computer or cellular phone.
Bitcoin is money because some businessman or Bitcoiner use it in their business. Bitcoin has a value
in the market that we can use it to trading and investing. So in my opinion Bitcoin is money but not real money.
That is the fact, you do not need to prove this fact is right again, because the fact can not change until the world change it. Bitcoin is virtual asset at the begin, but its value is real. And the developer of Bitcoin called it with name cryptocurrency to create difference between virtual currency and crypto currency.
26  Bitcoin / Bitcoin Discussion / Re: So Bitcoin is better than Gold? on: March 04, 2018, 10:59:01 PM
So Bitcoin is better than Gold? Roll Eyes
I think both Bitcoin and gold have their own advantages and disadvantages. Bitcoin is one of the world's fastest growing investments and has huge upside potential but it is very unstable and volatile. Gold on the other hand, is the world's most popular and most stable investment. Everyone wants to invest in gold but ten rate of growth of gold is very less. For better returns and less risk, diversify your investment between Bitcoin and gold as your portfolio will be stable as well as will have a higher rate of growth.

i think that wont be fair to bitcoin if you give equal share of on the advantages or on the perspective of long term investment. i agree gold have more stable rate in terms of maintaining the value by times. but we are living in the era of 2018 where golds growth are so low that it finds struggle to fight the inflation rate of ones local currencies by following the rule of thumb " a dollar today is not worth of the dollar tomorrow". along with that people are not investing in golds to make profit , i am telling about the common buyers. there are lots of fact like people in asia or middle east wear it as jewelry or for traditional or as habit or passion.
but if you thinking on the investment then btc is having a lot of advantages over gold as the form of ROE.
When you invest in gold, it's like you are contributing to protecting the world economy against inflation, because the value of today's FIAT is no longer able to hold on to long-term stability. What we have witnessed is that gold is only helping to keep the current monetary system from collapsing, and that the threat from cryptocurrency and blockchain technology is proving very worrying to the government.
27  Economy / Trading Discussion / Re: From 0.1 to 1 BTC in 6 months with Day-Trading on: March 04, 2018, 10:42:01 PM
4 month already ,cant wait to see the result. Maybe the OP will Suprise us when it comes to april.
Or he got a big loss because he forgot winning in altcoin while the Bitcoin price dumped too much value made the cryptocurrency started a bearish trend for long time Cheesy. If he did not withdraw that profit to FIAT, I am sure my prediction is true.
28  Economy / Trading Discussion / Re: Hold or Trade - Which is Better? on: March 04, 2018, 10:28:18 PM
Having seen the massive rise of cryptocurrency prices in the previous year, I have seen that if one gets a coin at the right time and holds it before the prices pumps up, there would be huge gains. But then, the frequent bearish attitudes of the markets also affords one some gains.
Among these two strategies, which is better and which d you recommend?

Hodl the coin if you think it has a good potential to increase in the future. It needs a research as to what coin has a potential because if you just ask for opinion of others what coin should you buy then most likely, they already bought that coin and suggest to you to buy so that price would go higher. If you don't have a time to trade then you should just buy a coin and then store it in your wallet for maybe one year. If you have a time though then you should trade because it increase the amount of your coins if you know what you are doing and have risk management.
Yes due to the steady increase in price of bitcoin nowadays,even more day traders have shifted to just buy and hold Bitcoins instead of trading and taking risks.

Hodlers basically just don't have the time for daily trading. Of course if you don't practice day trading constantly, you'll have less chance of becoming an efficient trader. So the next option is to simply hold, that way you won't have to concern yourself with the everyday fluctuation of market price
Yes, the experience can get from your loss, sometimes, it also can get from others or trading on the market. But the improve trading skills just can improve through trading every day. It requires a long time to reach the master level.
29  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is 1ETH=$10,000 worth the possibility? on: March 04, 2018, 10:06:10 PM
I think yes, quite a real price. But I think that not soon ....
I do not agree with you, I think it will take not much time for this! I believe that the new year ETH will be worth more than $ 3,000
Do you mean Ethereum will reach $3,000 in 2018? New year is not a reason to make the price of Ethereum increase. In this year, Ethereum has to proves it is really good and neccessary for the world's economy and other fields. DAICO is one of projects of Ethereum for ICO market to help the investor do not lose money in ICO. The Abyss is also the first project used this function, you can invest money into this project through my signature if you like this.
30  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin under 1$ to invest in now? on: March 03, 2018, 11:58:16 PM
Hello! Guys I am looking for coin under 1$ with some good Basics. maybe some coin that I can hold for 2 to 3 year. Am planning to add some more folios? All the suggestion are Open. Huh Huh

good plan, same with me but not always coins which have the price under $1. just coins which have good basically, i find some coins, that is PRL, CTR, and ETN. i'm ready to hold long term.
As long as the changes percent of which coins you want to investing is good and enough to help you have profit, you can investing into that coin. Example dogecoin, I spend 2 BTC to bought it at 60 satoshi. But the current price of Dogecoin made me lost 10%. Instead, if I just hold Bitcoin without buy Dogecoin, I do not lose that percent and have some profits because the Bitcoin price increased.
31  Economy / Economics / Re: Is Bitcoin Volatility A Bad Thing? on: March 03, 2018, 11:51:50 PM
Bitcoin volatility is not a bad thing but when it comes to the usage of it as a payment system, we expect the same value of it for the long term to continue using it as a payment system on a regular basis. However, since bitcoin is in the development phase, it would not be a wise idea to expect stability from it at least for next 5 to 10 years but still, volatility doesn't make it useless.
volatility is the best thing which bring a lot of money to the investor court and i think bitcoin still has a lot to come in future and its volatility will take it to the higher values so for me bitcoin volatility is best thing and yeah you are saying right that volatility will decrease as the values will grower higher.

the volatility is when you are getting the right and good moment to buy some cryptocurrency and can get the right moment when selling it, not only that when you play long term and get more than 1000% it is really volatility.
No, earning money from the Bitcoin volatility is not a high gain like 1000%. That profit just can earning from a long time hold Bitcoin. And you also have to take high risk to holding Bitcoin for long-term. Everytime, the price of Bitcoin will make your heart aches.
32  Economy / Economics / Re: What coin do you believe will be next to bitcoin? on: March 03, 2018, 11:40:33 PM
I think Ethereum, because of some upcoming events I think eth will raise very quickly, also Ethereum have more pluses than bitcoin such as low commission, fast confirmation and so. Also I lthink about IOTA, no trasaction fees, fast confirmtion you need to confirm others transaction to get confirmation on yours and plus their price is good to invest.
Yes i agree on that i also believ that the etherium is really the next to bitcoin. We can see that the etherium is also becoming more popular and more profitable each day because it is also a good coin and I believe that if we put basis on its popularity it is also popular almost like the popular states of the bitcoin on crypto feild, many people are also trust and invest into it because they also see that etherium is also built with profit.
Everyday? No, I do not see the price of Ethereum increases every day. If you said Ethereum increased if compare the current price to the past price, I will agree with you. But currently, the price of Ethereum is decreasing and make my funds decrease too Tongue.
33  Economy / Economics / Re: short term investment or long term invesetment on: March 03, 2018, 11:02:10 PM
I will pick long term investment and the reason is i'm busy and i think i can't monitor all my investment if i do short term investment. I am picky when investing my money in long term investment and i don't panic when my investment goes down as long as the value don't turn in zero and i will be thankful or that.
I like long-term invest rather than short-term invest. That is because I do not know how to do short-term investment. I like long-term invest because it does not take a lot of effort and we do not have to monitor the price of crypto all the time. We only have to focus for the capital we can give to make our profit as much as possible. Maybe short-term is good but it is risky. Long-term invest is risky too but I think it will worth the risk because the profit we can get is big too. We just have to be patience and have backup plan for that. And we have to have some savings and keep our jobs so we can live.

That is really the advantage of long-term investing, you are not really stressed out with the price fluctuation because you are only up to your ultimate price goal in the future.
I do not think so. Long-term investing is not a simple strategy. And those who are wanting to investing for long-term have to prepare careful all cases can happen. Of course, these cases included the situation they lose money after a long time waited. It is really a hard work.
34  Bitcoin / Bitcoin Discussion / Re: Offline Wallets Vs Online Wallets on: March 02, 2018, 11:44:59 PM
Personally,i will choose the online wallet because this type of wallet is stored online on encrypted servers and one of the benefits is that you can access it from anywhere in the world provided you are connected to a reliable internet connection. Apart from encryption, the wallet information is protected with a password that you choose.One of the challenges of using an offline bitcoin wallet is that if malware compromises the app, all the data stored in the wallet will be rendered corrupt. This means that you will not be able to recover your keys/bitcoins if they had not being backed up.

Same here, i do also love online wallets when compare to an offline wallet because i dont have experience any problem regarding in online wallets and ive been using them now for a verry long time. offline wallets on the other hand is only suitable if your always prone to attacks and exploits such as hacking , phishing attempts , malwares , etc and also if your doing business or if you always have a big amount of coins in your balance.
Both are can hacking by hacker anytime when you do not secure your wallet careful. Your wallet security depends on which device you using to access in that wallet. Smartphone or PC or laptop, etc. all can have virus and the hacker will take advantage to access your wallet through that virus.
35  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be replaced by another cryptocurrency? on: March 02, 2018, 11:17:35 PM
Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
I think the way the crypto market is at the moment is more like a democracy, the crypto coin we get to like the most as the possibility of getting overall support is getting pumped which might put it in a position to surpass bitcoin in terms of market capitalization...but bitcoin becoming obsolete is not happening it will remain another cryptocoin to use as a store of value or stock.
In my opinion, Bitcoin will be replaced by altcoin for payment. In some countries accepted Bitcoin, the cryptocurrency user like to using Ripple or Ethereum for payment than Bitcoin. Example in Japan, a lot of people are using Ripple to pay wage and transfer money.
36  Bitcoin / Bitcoin Discussion / Re: Is bitcoin transaction fees fair? on: March 02, 2018, 11:06:17 PM
Yes the transaction fees of Bitcoin is fair but not in all situations. because the transaction fee of bitcoin is very high as a result when we transact Bitcoin from one account to another account at that situation if the amount of transacting Bitcoin is so much then it is fair but when we transact a little amount of Bitcoin then the fee is not fair.
Currently, the transaction fees of Bitcoin reduced a lot. You can check again, I just need to spend 30k satoshi to send 1 Bitcoin and get confirm within 1 hours. The Bitcoin network has improved its system. I think it was better than few months ago too much.
37  Alternate cryptocurrencies / Altcoin Discussion / Re: 2018 seems like a good year for ALTCOIN on: February 25, 2018, 10:26:19 PM
From the looks of things other cryptocurrencies are really rising this year
Look at Ripple it is second on the marketcap
Some of them yes some not, just when i though i can make little profit yesterday the price of coin im holding go down rapidly.Angry choose wisely mate that all i can say

I think that if you look at the prices of coins for the year, most altcoins will grow significantly in price. I believe that as soon as a serious market recovery begins, we will see new growth records for altcoins.  Cheesy
Beside that, I want to recommend you should invest in altcoin with USD rates. You should not count that amount you invested to BTC or any crypto rates, because the cryptocurrency is a large place for normal investor, as long as you have good ROI with USD rates, it is enough, do not regret anything.
38  Alternate cryptocurrencies / Altcoin Discussion / Re: New alt coin says it can beat Bitcoin. on: February 25, 2018, 10:16:04 PM
I don't think new altcoins can beat bitcoin. As we can see ethereum is second to bitcoin and even ethereum operates a long time ago but still cannot beat bitcoin how much more the new alts? Well maybe in a long run they can overpass bitcoin but that will be in a long process of time and double or more efforts to be done.
How much times Bitcoin beat Gold? Until today, Bitcoin still worse than Gold in the opinion of the government and many people. You have to remember the total to beat Bitcoin is not important. As long as the Ethereum technology and its community still raise more, I believe the day to see Ethereum better than Bitcoin will happen soon.
39  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Be patient for your profit on: February 25, 2018, 10:07:56 PM
Long term investments are called long term with a purpose  Grin But sometimes it really makes you nervous when airdrop you've participated in is over and you still get no tokens. It's hard to be patient in that kind of situation.
I do not understand what are you saying, do you understand the difference between airdrop and long term investment? Airdrop is free without spend any amount to get token. But investment need you take some money to buy and hold for long term if you are trading for long term. Patience is very difficult for those who want to get fast profit like speculator.
40  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you see alts have chances against Bitcoins? on: February 24, 2018, 10:32:41 PM
I think no altcoin can beat bitcoin. Because we know until now bitcoin remains the number one and price is far above altcoin. Perhaps this is because many companies or investors are investing in it. Nowadays name of bitcoin has become popular among people and many are interested for join in bitcoin world
The value can not make Bitcoin become the best cryptocurrency. You have to know some shit altcoins have higher price than Bitcoin, but the volume trading and market cap are lower than Bitcoin so much. The liquidty of Bitcoin is better than any altcoin, so, at current, I think no altcoin can better than Bitcoin, but in the future, some altcoins can beat Bitcoin.
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