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821  Economy / Trading Discussion / Re: What if everyone withdrew their coin in fiat? on: March 03, 2018, 08:55:33 AM
Had it happened, holders coin exchanged it to fiat. It will certainly be the end of cryptocurrency. But unfortunately it never happen, because crypto currently used for many businesses that are not just for trading or similar. Investors are now much larger and bigger than few years ago.
In reality, this thing can never ever happen in the future as well. It is not possible for all the investors to withdraw their money at the very same time by selling of all of their coins simultaneously. If we assume such kind of situation to ever happen, then this will result in a huge downfall in the market values of all the crypto coins and that we can even expect the market value to be as low as 0.


Once you are there in the world of BTC trading, you need to be extra careful as making some wrong move can result in huge loss of money which you never wished for. However, in case everyone who is there in this field cash out his crypto coins and then convert them back into paper money, then this will seriously affect the market value of all the coins as selling of the coins result in decrease in the market value of the coin.
822  Economy / Economics / Re: Don't worry, the market will not fall forever. on: March 03, 2018, 08:25:46 AM
It's hard to get the price of 0, everything will be back to normal, this is only a result of news that only temporarily affects.
The market will come back again when negative news is gone. turned into good news. there is a new breakthrough from bitcoin. there is hf information that gets a lot of support.
In the world of crypto market, things are very much unpredictable and that you never know what will happen in the very next moment.

However, one thing is for sure and that is the crypto market will never ever fall for long period of time and that it will rise even higher after some dump. You just need to stay positive and that you need to believe in this thing that crypto currencies will make you rich one day.
823  Economy / Marketplace / Re: I've made 600k in Crypto - When to call it quits on: March 03, 2018, 07:49:14 AM
Diversify some of it into stocks, gold, property or other types of assets.
Yes, diversify it and just don’t put it in the old fashioned stocks and gold. You can buy some property which will give you better result after some time and later on you can get the profit from that as well. And as compared to stocks, I think the crypto currency is better than the stocks and will give you much more returns than them. Also you can diversify it into different altcoins and not just bitcoin, but do remember that the volatility is much higher in the altcoins. Make up your mind and spend or invest it wisely.
824  Economy / Economics / Re: What will happen to the banks if people uses cryptocurrencies more than fiat? on: March 01, 2018, 03:17:19 PM
the bank will change too.
They don't have choice but to embrace the changes and they have to adopt cryptocurrencies too.
Looking at the long of it, they will definitely find a way to blend with the system just as you have said, and see how they can benefit. I feel they will end up in the angle of exchanges in the long run, but even at that, that still makes them a lot irrelevant anyway considering the fact that OP is relating it to people using more cryptocurrency than fiat. Well, at that stage, they should better start packing to go back home.
825  Economy / Economics / Re: Regulation of bitcoin: dream or Inevitable on: March 01, 2018, 02:11:43 PM
For me both will be possible.If government and banks accept bitcoin,the people will be regulated by it and it can cause a centralized currency,because a third party is present on it.The more the regulation the more it can be centralized.
That is quite easy to say but it look like a dream. The European countries still get some perks over being more oriented towards development and coping up quickly with the market trends. But situation is hundred and eighty degrees to what we are facing here in third world counters. We are hopeful for the good days when we would be easily accessible to bitcoins in official terms.
826  Economy / Trading Discussion / Re: Will the Bull Market Return in 2018? What's Your Prediction? on: March 01, 2018, 01:15:57 PM
Well as of now we have no idea if there's another bull run on March because there's still alot of fuds around the social media.
But base on the potential of price  nowadays perhaps there's a mini bull run and in my prediction there's a chance that the price will exceed  again to 11k value or 11500k value. And maybe after that it will dump again because of some whales that keep buying nowadays to shake out some weak hands again.
I have same sort of opinion in this regard. Most probably, bitcoin and most of the altcoins will be showing no real progress in coming months. The real show begins after the first half of the year rather in the final quarter of the year. Bitcoin will be touching 30k dollars in the least according to the predictions of experts. However, I have a little bit more faith in its growth rate. Most probably, the end year value of bitcoin would be somewhere around 50k dollars.
827  Economy / Economics / Re: Are you thinking about the future? on: March 01, 2018, 12:45:53 PM
Have you ever thought about buying bitcoin for your children as a future investment?
The reason why I keep buying bitcoins is because I want tk secure my bright future. Bitcoin is always giving me opportunity to earn profit. I know that the bitcoin will help me to achieve my dreams and become a successful person in the future.
You can trust your future with bitcoin, it will never disappoint you. If you ask me, it is the best option that we have at present for increasing our capital.

Bitcoin is just getting started and it is predicted to touch 30k dollars. This is what experts are saying but I believe bitcoin will be touching 50k dollars by the end of this year. It has a great potential to grow. The growth rate is off the charts and it has demonstrated already.
828  Economy / Economics / Re: Where do you spend your money from Bitcoin? on: February 21, 2018, 08:39:24 AM
I spend it to fulfill my daily needs & also my family daily needs. I am study so, I spend it to buy books,papers etc.
You are very lucky to use as a facility for daily needs and daily expenses, because a lot of places are there that are not having this facility to use bitcoin for buying things like you have mentioned, so they will have to convert all of their bitcoin into fiat so they will be able to buy all thing they want in life as they cannot use only bitcoin directly to buy things form market. I sue to spend bitcoin to pay for my school fees and electricity bills as my country do have this facility.
829  Economy / Trading Discussion / Re: Is it chance to jump in? on: February 20, 2018, 09:42:41 AM
Look at cheaper coins and look at their price dynamics, if they are bitcoin dependant, you better start off with altcoins...
Right now, a lot of alts have tested the bottom already and to have more btc now, I am sure this would be a nice move, stashing up some of those alts. Most alts are definitely bitcoin dependent, so before bitcoin starts a bull run, better make some huge gains on alts in that case to increase position in BTC for the long run. I have tried and tested this severally and it never fails.
830  Economy / Economics / Re: Positive thinking brings positive things. on: February 20, 2018, 08:34:04 AM
Yes that’s true. Let’s just ignore and forget all the negative vibes and focus more on the thoughts of success and happiness. Because eventually positive thinking will result to positive outcome.
Sure, but the truth is that it has happened, it is not the first time it would happen and there is basically nothing we can do to a downtrend market as it happens in other market as well.

The problem is that some people rather prefer being negative about everything and instead of staying positive, they would prefer raising alarm when there is none. Normally, anyone who does not believe in what they are holding will definitely be like that and always end up missing good things in their life.
831  Economy / Economics / Re: The lack of financial education on: February 20, 2018, 08:02:56 AM
If the government giving this financial yes they can tell where to  it just like 4 pcs its for educational purpose but we can't teach people what to buy if the money is from their sweat and blood most of poor person enjoying the taste of their work by bonding eating so money is needed
It is really not just about teaching people what to buy; this is about teaching people how to utilize their money wisely. Honestly, what the OP have said is the truth and most people have ended up making shit loads of mistake because they do not have that financial education to help them in the real world which is also one of the reasons people blow chances away or they just mess up every little chance they get to accruing wealth.
832  Economy / Speculation / Re: How low will this bear trend go? on: February 20, 2018, 07:35:52 AM
Listen everyone. Bitcoin's bear market might last longer than most people in the forum anticipate. If you check their posts in the speculation subforum, theyre all in the phase of denial.

Anyhow, wait until April or May. If the price is ranging around $5000 to $8000, thats when the people who bought on $10000 and up will decide to sell and take their losses. Some of them will be waiting for small "pumps" before dumping on the market.

There will be a lot of resistance, and that will make it hard for BTC to go back to recent highs.
Right. It is even getting crazier already with the way things are going. Right now, the chart is not looking any good. No chance of a bull market and the bears are just still all over and once we trend downwards the more, a lot of people who have been having the courage to hold all these while, may even end up losing trust in bitcoin and just giving up eventually. I am really hoping that moment never comes, but what can we do, if it does than to just see how things play out.
833  Economy / Economics / Re: Is bitcoin really secure on: February 15, 2018, 09:43:06 AM
Yes I think Bitcoin is a secure crypto .their is no reason to question the secured ness of its transaction .I am the one who will testified that bitcoin is a secured in a investment and on its transaction .
The security of the bitcoin is something that has been argued for very long and there is no doubt that the security of is the very element which distinguishes it over other forms of currency.

The physical currency has always been a cause of pain in the head when it comes to securing it, transferring of it, making any transaction, these processes were always been something that needed special attention talking about physical currency, the problem is solved quite efficiently using cryptocurrency.
834  Economy / Economics / Re: wait for bitcoin prices to go up on: February 15, 2018, 08:31:57 AM
I think we all are waiting for the bitcoin prices to go up again,
I really like to see it hits another all time high but it seems to be really hard right now because of the price fall that it had.
We all are witnessing now a days the fall in the prices of bitcoin but this is something that is not a big deal in the world of business. We experienced in the past that how in a very short period of time, the bitcoin has ruled the cryptocurrency world and has set a standard for all other crytocurriencies. One must not be discouraged to see the price fall. Bitcoin will rise again and will not lead its users to a situation of loss.
835  Economy / Economics / Re: Will bitcoin change the distribution of wealth in the world? on: February 15, 2018, 07:49:43 AM
i will say yes because so many people are having strong believe in bitcoin because because it has increase and improve their source of income. where as in has enter the economy through buying of saling of goods and services
Agree with you because best thing about bitcoin is that it is equally good for all of us no one is bound for the bitcoin, there is no age restriction about bitcoin investment even kids are investing now and using bitcoin signature campaign so why should be bound ourselves, now almost all people are buying bitcoin and getting in crypto currency because it is good for their future and will increase the income for them no matter of which level of society they are.
What I know is that this is just like a game, so not everyone will be so lucky. But I’m very sure of two things which are– helping some poor people to get rich, and also helping some rich people to get even more rich.

Same thing, it also does the opposite of what I just said, which will be– making some poor to get more, and making some rich to lose a part of their money. People who will be lucky are those that are working without investing their money, but I believe it will favor everyone, if you’re smart.
836  Economy / Marketplace / Re: China calling for a wider ban on Crypto currency trading ? on: February 15, 2018, 06:43:40 AM
Governments will make it more difficult to get access to the crypto world (fiat gateways, IP blocks, outright bans), but technology is always going to be one step ahead.

There is no way to enforce a full crypto ban.

Anonymous coins who understand that might come under attack by regulators, but in the end they will benefit because "real" anonymous transactions is the next logical step in blockchain development.

Good times ahead for Monero, DeepOnion etc.
You guys should stop worrying yourself on some of this news, They are sent out to create panic in the minds of holders. Watch out how the news will be changing very soon when all the bears are tapped out. China has always been known to bring in negative vibes. It is not their first time; neither will it be the second or the last time.

They have been known for this, but the best is to take their crazy bans as a cockroach fart because at the end of the day, it means nothing.

But people worry.. bit of FUD and they FOMO... people need to learn that privacy coins will not be ever stopped. (or crypto as such - but you might be traced) Smiley
China cannot stop the people living in that country from buying or selling of bitcoin or even investing their money into it. The only thing which China has banned across the entire country is the mining of crypto coins and that too because of the reason that it consumes lot of power and electricity which can then result in shortage of power for the common use by the people. Mining fields have been stopped by the government of China.
837  Economy / Marketplace / Re: Bitcoin Trading! on: February 15, 2018, 06:14:03 AM
I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.

Crypto trading is more difficult compared to a usual trading outside the crypto world. We all know that cryptocurrency has a very high volatility specially bitcoin, that makes it so unpredictable. So it's really hard for those newbies on crypto trading to start with it without any idea on how it works or doesn't have an ability of a good trader.
Trading itself is actually a very tricky thing to do and the ones who are there in the world of trading are burning their midnight oil and after that, they actually manage to make some good amount of money. Bitcoin trading can help you in making some good amount of money but the thing is it also involves a huge amount of risk and that you need to play very much carefully in order to avoid any bad situation.
838  Bitcoin / Bitcoin Discussion / Re: I was bought some bitcoin by sell my land on: February 14, 2018, 10:05:14 AM
Buying bitcoin by selling land is very risky because sometimes bitcoin shortages sometimes go down, I'm not sure this is a good idea, but you've sold the land to buy bitcoin.
I suggest you hold your bitcoin because now the bitcoin price is down again, wait until the end of the month for the short term, if you do not need enough money to hold it until the end of the year, you will get your kentungan.
If we look at the chart of prices of bitcoin from the past years since it was introduced, it rose up to an extraordinary high value. It lead the crytocurriencies world for many years. Now if someone just sold its land to buy bitcoin, I don’t think he has made a decision which he is going to regret after some years. Because of the fact that the values of bitcoin showed an increase of about 200%.

I appreciate the decision that man made to sell his land and I don’t think he will be in loss, all he has to do is to wait while the prices are to the top again.
839  Bitcoin / Bitcoin Discussion / Re: Invest now - should or not? on: February 14, 2018, 09:35:10 AM
a slight downward trend but it has not dropped at a very high range. But i think its risky to invest in current scenario. Take your time and decide before making any investment.
Investing in any asset when it is cheap is the smartest decision that an investor can make. This dip is scaring many people and some are also of the view that bitcoin will be dying soon but if we look at the future of digital market, it is very bright.

For the time being, the crypto currency market is very small and has lots of room to grow.Bitcoin is the best digital coin and it will be boosting up soon within this year. Better to buy it now.
840  Economy / Speculation / Re: Will Bitcoin finally hit 20K on: February 14, 2018, 08:15:02 AM
im still hoping that bitcoin will be rise up again and rich it maximum value of sixty thousand dollars per pieces.that would be good for us and other holders of many cryptocurrencies. we should have wait a little more time cause bitcoin will gaining again of its popularity for citizens of the other country and we  all know that Korea will be back in holding bitcoin including other crypto.
I also have a firm believe in the potential of bitcoin. There was a time when I doubted its strength because I was a newbie to the crypto world then but with time and after experiencing many pumps and dumps, now I have come to understand bitcoin’s nature in the true sense.

Whenever there is a downfall, it would appear as this is the end of bitcoin and majority loses hope but then all of sudden, bitcoin shoots up.Soon this will happen.
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