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1161  Bitcoin / Bitcoin Discussion / Re: Are you surprise by bitcoin price now? on: January 06, 2018, 11:25:00 PM
October 29, 2017 Bitcoin price ranges from $6,000 - $6,100 and today, bitcoin price is now $7,000. Are you surprise?

I think, if only those people who planning to invest in bitcoin manage to notice this sudden increase. I think there is a high chance that they will start investing.


The price of bitcoin when I was just starting compared to now is very different. The value of bitcoin has grown a lot and what is a lot more surprising is the fact that it all happened within a year. Nobody expected it to happen yet it did. We should not complain or brag about it that much anymore instead we should just enjoy and be glad that our profit is rising too together with the rise of bitcoin's value.
prices are changing 360 degrees starting in november 2017 and up more than 10 fold. of course it makes me very surprised. how not before the price still ranged between $1000- $2000 and then the price jumped very high quickly in a few days price is already many times higher. certainly very surprised because usually the price goes up many times requires a long time not short time right ?
1162  Economy / Trading Discussion / Re: Investing all my savings! on: January 05, 2018, 01:47:06 AM
I will invest my money into Bitcoin and altcoins, I will keep it in the next 3-5 years possible, in order to gain more, because I believe investing in coins, may be the best way for my future, and hopefully year after year coin prices rise.
I also believe in the future of cryptocurrency, I also invest in bitcoin and some potential altcoins but the problem is do not use all your savings to buy cryptocurrency because emergency funds and saving money are important for a particular need. then manage your finances should do for this. otherwise wait until 3-5 years is not a short time dude ? I doubt you can afford to hold that long?
1163  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: January 05, 2018, 12:59:26 AM
It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
with the current high fees? i doubt
interesting because many users just feel annoyed with the very expensive transaction fee from bitcoin? I think the issue about bitcoin will damage the fiat system may occur, because that is noticed by many people not from the expensive fee? but from the technological sophistication of bitcoin where you can make transactions quickly and anonymously. see many people prefer transactions that are not visible
1164  Economy / Economics / Re: short term investment or long term invesetment on: January 04, 2018, 05:37:06 AM
When it comes to the investment, many newcomers or people with frequent requirement find it difficult to invest for longer amount of time. Here by short investment i mean any investment which is less than year old. That investment has been cashed out within a year. And by long term investment I mean investment which will be kept for more than year ( ideally 10 years or so).
What do you think which is more beneficial short term investment or long term investment
In my own opinion, long term investment is better than short term investment because my main reason in investing is for my future life. Also, investing in a long time can generate you more profit rather than in short term investment. You just need to be patient and responsible enough with yourself and with your money.
Not only investing in the long term gives you more money, it is way easier, the life of a trader is the life of someone forever checking the markets and deciding to sell or to buy while a long term investor does not have to make any decision except to hold and choose a price in which you feel comfortable selling, since at some point we need to cash out.
trading or short-term investments require skills and knowledge because you have to determine the right time to buy and sell, you must be good at analyzing the market to determine which coin is potential or when you should hold or sell. Short-term investments provide quick and active profit but quite risky. while long-term investments only hold for a certain time. I think using both investments is not a problem but make sure that you have the skills if you want to choose trade also
1165  Other / Off-topic / Re: Can Bitcoin be ban? on: January 04, 2018, 05:22:05 AM
The government of any country can, in principle, issue a regulatory act prohibiting the circulation of the crypto currency, but such a ban will be difficult to implement. In some countries, such as Bangladesh, Zimbabwe, such a ban operates. Since December 18, the ban on circulation of crypto currency operates in Kuwait, but it does not apply to citizens.
I think even though some countries prohibit the use of bitcoin though it will not be too disturbing for bitcoin users? because bitcoin itself is decentralized and anonymous. let alone bitcoin is on the internet network where everything is free to use it. so although bitcoin is prohibited/ban though people can still use bitcoin because the government will not close internet access. yeah actually these regulations and restrictions are difficult to implement
1166  Alternate cryptocurrencies / Altcoin Discussion / Re: ICOs are a legit or Scam? on: January 03, 2018, 02:15:40 PM
You have to research a lot to find good ICO's.

it is hard but not impossible to find a good project that has high potential, it is just harder because of the sheer volume.
many ICO get a price lower once they are listed.
so from that do research to find which ico really want to run and realize their project. so if that ico already launching usually that coin will listed in an exchange and you will profit because the price in exchange will usually be higher than when you buy it while still ico. but of course there are some ico that are scam. therefore research first is the most important thing
1167  Economy / Marketplace / Re: Internet Marketing on: January 03, 2018, 02:03:48 PM
To be honest, you don't need to buy any book right now. Use google first. Then, if you need book, then buy one. Cheers!
I use internet marketing to advertise my products on Twitter and Facebook. If you know how to select this is a very effective advertising.
social media is the best promotion and marketing right now. because almost everyone in the world uses social media. and you know every news or advertisement is spreading fast in social media. especially when you have a lot of followers or a lot of fans on facebook fanpage. of course it will be easier for you to do marketing. easy, cheap. and a great target, that's the greatness of marketing in social media
1168  Economy / Trading Discussion / Re: Is this the time to buy Bitcoin on: January 03, 2018, 01:56:33 PM
Is this the time to buy Bitcoin?

if you have the capital to buy bitcoin then now is the right time to buy bitcoin because the price is stable and I recommend to buy bitcoin at least 1 bitcoin. in order to get maximum profit.
yesterday the price had dropped in the price of $ 13.5k. should you maximize it as a golden opportunity to buy lots of bitcoin because the current price now is almost touching $15k. bitcoin prices very quickly change so when bitcoin prices go down do not waste that opportunity mate. for now the price is more below the price of a few days ago that reached $ 17k. but if you're trading or short term investment. it might be better to wait at least wait for the price goes back down #imo
1169  Economy / Trading Discussion / Re: Bitcoin or Altcoin on: January 02, 2018, 02:22:12 AM
I am sure everyone is aware about the rise of altcoins like ETH and Litecoin so I just want to know expert's opinion whether to invest in bitcoin or altcoins as the price of bitcoin is too high now for an individual to invest into it ? Do you think these altcoins will survive and pump just like bitcoin or its better to stick to bitcoin ?
You can not invest in bitcoin because the price is already very high? but experts predict that bitcoin prices in 2018 or in the future will be even higher. I invest in bitcoin how high the price, I invest and trading altcoin. Altcoin has its own request and community, so I think they survive and pump like bitcoin because both cryptocurrency.
arguably the price of bitcoin is very expensive today, but it is very likely that bitcoin prices will be more expensive than now in the future. but if you do not have enough capital to buy bitcoin, you can choose another alternative by investing in altcoin a thousand times cheaper than bitcoin, you can find potential altcoin, because there are thousand of altcoin in the market, for example buying nxt only $ 0.7 percoin you can buy lots and gain in a short time
1170  Economy / Economics / Re: Bitcoin's price is getting low on: January 02, 2018, 02:05:19 AM
This week, bitcoin's price gets low. Based on the article that i read, it says thats they cant trace the reason why its getting low. They said it might be because some used to hack and mine bitcoins. They also said that maybe it was because there are new cryptos.
What do you think is the main reason? Do you think its price will still rise?
Bitcoins are currently falling but are stabilizing at over $ 14,000. I think this is the time to buy bitcoin, I think this will be the right decision because the investment trend in crypto will grow strongly in 2018.
I think the price down is a reasonable thing to see some days there are various problems like hardfork and segwit. the panic keeps bitcoin price down. but you dont need to be afraid. the attraction of outsiders on bitcoin will keep coming and it will make the bitcoin price back recover, I think all you have to think about right now is how you increase your bitcoin, because bitcoin price will definitely go back up
1171  Economy / Economics / Re: Are electric cars bad for the oil industry? on: December 31, 2017, 11:54:33 PM
Well, are electric cars competing against the oil industry?

Then yes it's bad for the oil industry. If I open a supermarket next to another supermarket, then it's bad for that other supermarket.

I know a person in Kentucky with a similar story, it hurts it.
yeah of course it will affect the oil industry. but of course the world knows that the world's oil has a limited amount right ?
and if used continuously of course this resource will run out, besides oil for vehicles will add pollution and damage the earth, while the electric car are environmentally friendly, I think the world will be more advanced and more friendly for the environment
1172  Economy / Economics / Re: Is it better to save money or invest it? on: December 31, 2017, 11:49:22 PM
For me it is better invest than saving your money to a bank because investing has a return income than saving your money but investing is much risky than saving your money.
I am also with investing ones money in the right place than keeping it in some bank which will be making million dollars by investing the customer’s money into big businesses and returning a negligible sort of interest rate to the customer. Now that we really have a good option like bitcoin, we don’t have any real reason to keep us away from investing in here. I am trying to take full advantage out of this opportunity. So far, it has been a true blessing.
I think saving is not an option but a necessity. you can not compare save with investment, you can not bathe the profits to be gained between saving and investing, because they are two different things of function and purpose? save to collect your money from the income you get, while the investment is an additional income you can choose, yes you right the investment has a risk therefore save is indispensable
1173  Alternate cryptocurrencies / Altcoin Discussion / Re: What caused all the price drops? on: December 31, 2017, 11:44:36 PM
Today Bitcoin & alt coin market is increasing.But btc still has not been able to get back 20,000$.2017 is already finished.In January is the best time for btc & there are a lot possibility to btc will be touched 30,000$.
yeah market conditions cryptocurrency seems to get better again now. many altcoins begin to increase in price, also with bitcoin price. even though the bitcoin price has not returned to its original price before falling some time ago, but I'm sure that in 2018 bitcoin prices could surpass the highest price in 2017. for reasons why prices are down, maybe for many reasons, including hardfork & segwit?
1174  Economy / Economics / Re: Does this mean Cash will be extinct? on: December 30, 2017, 08:06:51 AM
In the near future, it will still be widely used because the benefits it brings are irreversible. For poor and underdeveloped countries, it is very important for them. Anyone can predict the future of money, however, there may be things that digital currency will never replace.
I think for the next few years cash money will still be widely used. I think the advanced technology still takes a long time to be used by everyone in the world. many people who are still technologically blind they will not understand how to use digital currency. they are still very dependent on cash, I think for the next 20 years cash will still be the main choice. at least 2 generations after us, may have rarely used cash ( but not extinct)
1175  Bitcoin / Legal / Re: Legalizing Bitcoin on: December 30, 2017, 07:26:54 AM
Well government knows that it won't be easy for them to regulate bitcoin use, because of it's anonymous nature. Also the risk involve in handling bitcoin and monitoring transaction through bitcoin user is difficult to handle. It will be hard for government to officially legalize bitcoin.   
perhaps in the future the government will find a way to be able to provide taxes, the government will not control the bitcoin because it is impossible because the bitcoin is decentralized. the government will give control to bitcoin users, maybe every user is required to have an account such as bitcoin bank or local exchange that requires data verification, where they have a complete system about the amount of bitcoins that owned by them so that the government can ask tax to bitcoin users, I think from that the government can provide legalization of bitcoin
1176  Economy / Trading Discussion / Re: What's happening to Bitcoin? on: December 30, 2017, 07:14:12 AM
Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?

bitcoin seems to have a point where investors are pulling all the profits they get when they buy bitcoins at cheap prices and are currently taking advantage of bitcoin, do not worry the new year 2018 bitcoin will be very expensive and more expensive.
I don't know this very deep price reduction is because price correction or because hardfork happens? but whatever the reasons that make bitcoin prices go down. you do not have to be afraid and panic about the current bitcoin market condition, do not cutlose because it will hurt you, better be patient and hold, even in my opinion this time is the right time to buy. because of course the bitcoin price will go back up and you're lucky to buy bitcoin at such a low price
1177  Economy / Economics / Re: Cashless society on: December 29, 2017, 02:34:40 AM
Making a cashless society is the long-term goal of every country to make it's country cashless and paperless, maybe bitcoin help them to achieve this goal faster as it has everything if they allow it's existence as a currency. If they are able to control its anonymous transactions, which they can, then bitcoin could be the future currency of the world and not only for a particular country.
Maybe it will take a decade for that goal or mission to become cashless society to happen, I hope that bitcoin will be the way for the cashless society to become possible and hope that we are still alive when it happens where every transaction requires technology it is so high tech and can't wait for that to happen.
yeah it takes a long time for cashless society to happen. it may take several decades because you know that people in different parts of the world do not really understand about technology. so cashless will not be applicable to them but the generation below us is getting to know the technology so this will take time until cashless can happen but I think even if cashless happens does not mean everyone will use bitcoin
1178  Economy / Trading Discussion / Re: Bitcoin or Altcoin on: December 29, 2017, 02:21:26 AM
The surprising value of bitcoin makes it difficult for us to invest, maybe altcoin can be a solution, investing in altcoin is the right choice, but if you buy bitcoin now, you may be surprised for a few more months, as bitcoin values will go up Grin Grin

Even though the bitcoin value is up, but who is saying to buy a whole full bitcoin. You can buy any portion of bitcoin according to your budget and in return can get more profits than in altcoins investment. Bitcoin value moves a lot faster than altcoins and you can easily convert your quick earned profitable  bitcoins into cash whenever you need money.
today's bitcoin price changes are really fantastic even I think it's more profitable to invest in bitcoin than altcoin. many people think that altcoin is more volatile so the gain in altcoin will be bigger and faster. but you should know that the current bitcoin price changes are more profitable. even in 1 month bitcoin prices can rise up to $ 7k. wow!
no altcoin can match that price change. that's why I prefer investing in bitcoin
1179  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum: Good alt or stay away? on: December 28, 2017, 12:54:58 AM
There are projects better than etherium.
But etherium is the first smart contract blockchain.
So it will allways be on the top of this kind of alts.
and yet I have more confidence in the etherium than in Bitcoin. I'm sure that the etherium will not compete with Bitcoin in price, but it's more stable and friends are not several times larger sizes than today.
etherium is the first smart contract blockchain. although there are some coins that come with the same technology but usually the first ones most in demand. so that's where I prefer Ethereum over other coins. but I do not think that ETH will be more stable than bitcoin. because ETH marketcap is still small so fluctuations will be faster in ETH. but that does not at all make me doubt the future of ETH
1180  Bitcoin / Bitcoin Discussion / Re: Are Bitcoins taxable? on: December 28, 2017, 12:41:27 AM
Bitcoin is decentralized and only answerable to the market forces and being this way government has no hand in Bitcoin control and not taxable. You as a citizen may be asked to pay tax by the government if they know that you have a job doing. But as a trader in cryptocurrency and even forex nobody is asking you for tax.
yeah the key is on decentralization. bitcoin will not be controlled by anyone including the government. so the government will not know who are the people of their country who use bitcoin, so the government will not be able to give you taxes? after all, bitcoin is anonymous. so bitcoin will not support to be given tax to its users. that is the logic
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