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341  Economy / Trading Discussion / Re: Trading is unpredictable job. on: October 04, 2016, 10:04:29 AM
In beginning we cnt really master trading directly since  theres  lot of things must to learn first and also experience would be  a big factor and you are right  as we trade  in the long run we could able to master it  on how we gonna adjust our  trading  pattern. Its  really unpredictable but  we could lessen the risk by trading smartly.
trading is unpredictable of course. but usually it cause loose for whom who do long term trading. like buy bitcoin and hold for months. it is not that much risky for day Traders and Immediate traders.. you can hold your coins for one two days (if you are a trader) but don't hold for long time other wise be ready for loose.

and being master is not easy. it need years to be a trader master..
one suggestion start with altcoin trading. if you are a newbie.. altcoin trading don't need huge investment.
No. Bitcoin trading is somewhat predictable in long term compared to day trading.

The core concepts of bitcoin support bitcoin prices to rise over time, so bitcoin trading is predictable in long term rather than within a day. Usually trading is unpredictable job when we are not having any technical analysis.
Bitcoin trading is good and predictable when we have strong strategies and analysis.
342  Bitcoin / Bitcoin Discussion / Re: Is stealing Bitcoin illegal? on: October 04, 2016, 09:58:31 AM
I dont think you can get caucht by stealing bitcoins do you know why because bitcoins are not from you they are from everyone who has bitcoins because they are not on your name.

If you use the stolen bitcoin and people can link the spending with you, then you will be caught. It is better to mix it.
Stealing is illegal no one will tolerate that action, and base on the OP statement i think that is not form of stealing he only a lucky person that generate bitcoin address with a free bitcoin balance in the wallet.
Even for the case of OP, if he gets chances to return those bitcoins, ignoring the and keeping must be considered as stealing bitcoins. We need to act based on our heart not by mind. When we get chances to return the bitcoins we got due to some mistakes, we should return, else it is kind of stealing only.
343  Other / Off-topic / Re: how bitcoin is popular in your country ? on: October 04, 2016, 09:50:39 AM
In my country, has not been widely used in daily activity. And many of them who know and have btc spend for invest in hyip or ponzi scam.
it's bad some people still trust hyip and the problem they are invest using bitcoin so when they get scam will tell to anyone "bitcoin is scam".

yeah, problem from the people using, not from bitcoin.

Yes, some people  use this terms  against bitcoin if they  are lost on gambling or any investment or being scammed by someone then they hate  bitcoin and  call it a scam which somehow  give negative  reputation on bitcoin thats why some people would hear about that would  definitely refuse bitcoin. Here in my country bitcoins adoption is increasing.
We need to talk to people who are all getting negative things about bitcoins. It must be one of our responsibility of being a bitcoiner. We need to take care for these events that are taking place in our region at least. So, that we can help bitcoin to get spread in our country.
344  Bitcoin / Bitcoin Discussion / Re: Who control bitcoin network? on: October 04, 2016, 09:44:52 AM
No one controls bitcoin network, it is all automated, if there was someone controlling it then it would not have been anonymous nor it has been called different than banks of physical world, just because no one has control on its network that is why it is considered that way.
Instead of considering as no one, we could assume the miners are controlling bitcoin network with their hash power. But each and every miners needs to follow the protocols defined by Satoshi, so there is no need to worry as long as no single miner gets more than 51% of total hash power of bitcoin network.
345  Other / Off-topic / Re: waiting for a confirmation: what are you doing? on: October 04, 2016, 09:37:05 AM
i will just send my money and leave it even it not confirmed yet , why must wait until get confirmation ?
It is up to receiver of your bitcoin. Accepting a payment without confirmations is highly risky at it might get double spent. So, every merchants must wait till at least 3 three confirmations. Some companies, like Xapo are following 6 confirmations conventions. Confirmations will ensure your bitcoins not get reveresed by any chances.
346  Other / Beginners & Help / Re: Doubling Bitcoin? on: October 04, 2016, 09:28:22 AM
I suggest you forget that idea, Doubling is a very dangerous word because whenever it's used with bitcoin "or with money generally" big risks on invested money are to follow, from risky gambling to fake investments and HYIP's. Slow and steady wins the race IMO.

I don't think he should forget it because he can start his business and earn money from it then he can double or triple of the current bitcoins he's having.
Yes, working for ourselves must be the right way of getting bitcoin doubled. Moreover, working for ourselves is highly reliable and there will not be any chances of getting scammed. But we need to give some time to get established with our business, that may be the reason people are looking for shortcuts.
347  Economy / Economics / Re: Bitcoin to be international currency on: October 04, 2016, 08:23:20 AM
i think at this moment bitcoin has become the 1st international currency in online world. because i found the merchand growing everyday, and now it's very easy to spend our bitcoin

I actually think like that too. I dont know why people are trying to say that it is not global or it just depends on how they see what global is. It is globally available online. Online means internet and you can get it everywhere now.

It is globally available yes but it is not globally used as much as we would like it to be. Bitcoin is an international currency but for it to be useful you actually have to be able to pay with it everywhere in every country. Then it would be globally used alot and it would grow way more aswell. Maybe we will get there but it's a long way off though.
I am willing to wait for that to happen as I believe we can achieve that and bitcoin will be globally accepted like a popular fiat, it takes time but once you trust the future you enjoy the current situation and take the opportunity to invest rather than wasting time for nothing.
I think if we invest our money in bitcoin and its marketcap increase more than the value of it will increase more high and more people will be attracted to this currency and so there will be a fame of bitcoin all over the world.
348  Bitcoin / Bitcoin Discussion / Re: Is it possible to "Hack" a known bitcoin address? on: September 27, 2016, 01:31:31 PM
This must be a very hard lesson, but learning from a tragedy. OP's friend may RIP.
I just worry, because I am also not sharing anything about my bitcoin savings with my family members. At least for this reason, we must educate our family members about bitcoins.
Life is full of unexpectations, in the race of gaining big profits from bitcoin, we should not forget to transfer our assets to our next-generation. Better, at least now you need to react to take necessary steps to take care of your bitcoin assets at emergencies times.
349  Other / Off-topic / Re: Where u use bitcoins? on: September 13, 2016, 06:56:26 AM
I use mainly for investments, there are not many places accepting Bitcoin in my country. I'm in no hurry about it... it takes time for Bitcoin to be more accepted in physical stores, but slow and steady wins the race.
you need to use bitcoin debit card that can be used for physical store,just load it with money
Yes, bitcoin debit card is the barrier breaker here. Still it's not the direct way of using bitcoin, which must be a virtual way of using bitcoin through an exchanger. Yes until, bitcoin get established, we in need to rely on different type of exchangers.
350  Other / Off-topic / Re: bitcoin affects life a lot on: September 13, 2016, 05:24:07 AM
just be in balance in all.  earning bitcoins can be so addicting because  of its rate as of now and  increasing price . theres  always a way to balance it. like spending time with family  on weekends  and do your bitcoin  works/earnings on  weekdays with a limited amount of time.
Yes, the interesting things might addict you. If you find bitcoin earning is funniest then you will get addicted to it which might lead for forgetting your other responsibilities for your family. At some point of my life I too had faced this type of problem. When I was into faucet earning, I do forget about my other responsibilities and almost got addicted to faucet earning.
351  Economy / Service Announcements / Re: Earn Bitcoin Just For Being Active on: September 13, 2016, 05:12:14 AM
I'm interested with your offer..
So did you made any posts and got paid from the owner ? I think if someone can vouch for him then he will get a lot more support from users as they know they are working for money.
I am waiting for some users to tell their experience then I will also join the forum.
352  Economy / Gambling discussion / Re: Bitcoin Gambling Investments on: September 03, 2016, 07:37:39 PM
Crypto-games's bankroll increased dramatically over last few weeks, so we can expect to see lower profit/loss, unless wagered amount also increases (it also grows, but not as fast).
Though I respect all these sites and respect crypto-games but I think apart from moneypot there is no site where I would invest such huge amounts. I am very curious for results after 2 months because I also have some hard cash and would like to invest considering the profit goes good for OP Smiley
353  Economy / Gambling discussion / Re: Do you consider trading as gambling? on: September 03, 2016, 07:27:35 PM
At my vision, gambling and trading are not the same, but both have similarities. They have high risks and possible high rewards, the main difference for me is that in trading you can set your own time to get out or wait, and invest based in development and informations. In gambling is almost always a game of luck.
Trading does have a good and upper hand compared to gambling, as with trading you can stock the altcoins and wait more and more to get the price increased while with gambling you loose money once and thats it no chances to recover at all.
354  Economy / Gambling discussion / Re: is gambling fix your life? or wreck your life? on: September 03, 2016, 07:18:43 PM
They were both result for me, when i first gambled, i won money, and then i lost a lot, it wrecked my life, Now i am +ev again. Gambling is too thrilled
We do see gamblers are usualy risk takers. They can’t help but go for the bigger pot. They end up taking too many chances and losing everything usually. That’s why gambling is a game for addicts, they win and then lose it all over and over.
355  Economy / Trading Discussion / Re: Bitcoin to Payoneer? on: September 03, 2016, 07:06:32 PM
Is there an exchange site that exchange Bitcoin to Payoneer?
Have google'd it and have difficulty finding a site that exchange to payoneer

decicoin.com is the only site i know which you can use but i am not sure if it can be trusted. Just get reviews about it before using it to convert bitcoins to payoneer dollars.
I used decicoin.com before with a small amount and it worked. I am too not recommending their services here. Because
I have not risked doing it with anything over $20 at a time though. Usually many exchange sites work well for small amount and bot for big amounts.
356  Economy / Speculation / Re: If u don't buy now you will regret it for your entire life on: September 03, 2016, 05:59:13 PM
I honestly think, if you are long term, that the gains in the next 10 years will make the fluctuations in the last month pale comparison to the gains long term.
For sure. Long term gains are where it’s at. We are going to make so much more money than the people trying to day trade and make small profits. So, buying bitcoins now and saving it for the need of rest of life are few wise decision, every human must take right away.
357  Economy / Speculation / Re: Dump or long term goals? on: September 03, 2016, 05:39:07 PM
I think it depends on how much you are talking about selling. 
If I had only a couple coins, I would probably hold them for a couple more years. 
If I had bought 100 coins years ago, I would sell half of them and take the profits and invest in something else. 

Honestly I don't think the price of BTC will increase that much over the next couple years unless something big happens. 
Everything is stale right now. Lots of people just sitting on coins. We need more users and more coins moving for the price to really climb.
It does depend highly on the amount that you have. I would really say that in the long run bitcoin will be a very good investment. Dumping will only slow that process for everyone, however dumping is not possible for individuals, only an exchange or whales may do that.
358  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: August 30, 2016, 07:56:16 PM
It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.


"TheStreet: How do you think FinTech will impact the way banks operate?

Frank Schwab: Banks either react on, or they will disappear. Anyway, the consolidation of the banking industry accelerates as the behaviour of people changes. Some banks will benefit from [FinTech], some will be pushed to the back end, and some will disappear."
http://www.thestreet.com/story/13419089/1/bitcoin-here-to-stay-but-banks-could-disappear-says-fintech-expert.html

What's your read on that?


It is a very likely possibility that in the future banks will no longer be needed. Cybersecurity is on the rise and with the invention of bitcoin there are many people that are coming up with new ways of making their online wallet as safe as possible. As it stands now I think most wallet sites are just as enough secured, if not more secure than most banks.
I completely support this theory. I think it is very likely that banks will become obsolete if they don’t figure out how to help or integrate themselves into the blockchain technology for the need of staying advanced to serve the people efficiently.
359  Economy / Trading Discussion / Re: HOW MUCH YOU EARN/LOSE FROM TRADING on: August 30, 2016, 07:29:23 PM
someday in the first of 2016 i can earning 3btc in 1 month with trading, but i doing biggest mistake, then loosing arround 2btc in 2weeek. that's make my mental very down, now im trying to trading again, in last month i can earning 0.6btc in 2week, but lose arround 0.5 at ethereum classic, now im hold it and waiting price back to sky line again Sad

That is because altcoin trading is just another kind of gambling, where you will make something extremely great if it spikes what you bought, else you will doom under and might go to 0. So, be very cautious next time when you trade any altcoin, do complete research and don't fall for any trolls.
Yeah using altcoins to make cash is really full of uncertainty . I’m sure there are people who have lots of different alt coins and just check the prices all day every hour. Not the best use of time when trying to make a lot of money quickly.
360  Other / Off-topic / Re: Why would customers use Bitcoins? on: August 30, 2016, 07:09:44 PM
Bitcoin offers wide range of benefits and services to the customers, like trading, gambling, money transfers, online shopping, so customer should use it for the services that best fits them.

Trading and online shopping are the most considerable things as a customer because all other things are available to be done with other currencies as well but these two things are done in a better way with bitcoin.
That’s why so many stores are adopting bitcoin so they can get in on the action. They are realizing that if they don’t adapt bitcoin now they will lose revenue in the future as many customers will ignore the merchants who do not have the option for paying with bitcoin.
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