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181  Economy / Speculation / Re: Is this right time to buy bitcoin?? on: July 03, 2017, 08:43:36 PM
It still a good time to buy bitcoin today. The progress of increase is very calm and slow. But I guess this is a slowly but surely movement. If you want to ride with this move just buy today, too bad if someone wants to buy lower, the wave ended up. Don't wait any longer as the current will possibly the new dip.
We should be patient to wait for the rise in bitcoin prices. The current price is very stable and has not shown any rise. But we have to be optimistic that prices will increase again, so buying bitcoins and storing them now is a careful choice, we can feel the results later in the future.
Yes exactly the patience is very important for any investor in any field because when you get panic due to short tempo then you are not in a position to take a right decision which can result awful. It is very essential to understand that earning money is not like taking candy from a baby.

Besides being skilled and well learned about things you must should have a good control on the emotions, a combination of all these will take you move forward and closer towards your goals.
182  Bitcoin / Bitcoin Discussion / Re: What do you think are the biggest disadvantages of Bitcoin? on: July 03, 2017, 08:15:33 PM
I believe it is in its infancy stage and needs many changes to be done. Such as improvements in blockchain technology. There are many holes in the tech and which is making the process very slow. Miners are getting difficulties. The disadvantage of this? Increased mining fees, increased transaction fees and drop in price time to time.
It's an obvious thing that everything has its advantages and disadvantages. As bitcoin has helped the public a lot, still there are some certain thing those needs to be changed. One disadvantage of a bitcoin is that it isn't accepted widely. Some particular merchants provide such on online facility for users. We have to widen the circle of bitcoin if we want to make bit coin’s future safe for long period of time.
183  Other / Off-topic / Re: Would you give bitcoin as a wedding gift? on: July 03, 2017, 06:58:26 PM
Bitcoin is too expensive and rare to give as gift.  Grin

I'm kidding... But yeah, I think the traditional gifts are more appropriated for this occasion, like stuff for the house and the beginning of the couple's life together. Bitcoin isn't a good gift for a wedding in my opinion, it doesn't make much sense. However, someday in the future it could be a trend and everyone will start doing it for fashion.  Tongue

I thought I would change it to something of equal value but more people are known. Meanwhile, my lover does not know what Bitcoin is. For a normal person, some BTCs they would think are normal, but for people like me it is a fortune. I will use that bitcoin to prepare for the wedding and later life
You should donate or gift such a precious thing like bitcoin to someone who knows it's worth . Giving it to someone on wedding who doesn't know it’s value will be stupidity because he himself will think of bitcoin as useless thing for him and you also would have to sacrifice your dear bitcoin . Rather you should have it and use it after your married life and stay happy in future.
184  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: July 03, 2017, 05:17:19 PM
patience is all what we need because investing money in bitcoin for long time is worthy, you can earn big profit on just holding your money into bitcoin. So if you can afford to buy some coins at the moment grab it and make money out of it.  I know that bitcoin will cross 5000$ so its good time to buy more now.
This is very true to be patient with your investment, when you will be patient you will be having a good control on your emotions and you will take positive decisions for your investment. It is better to invest in the bitcoin instead of keeping your money at banks or at home which will lose its value with the passage of the time, while the bitcoin can give you huge profit if you invest in it for a long term.
185  Economy / Trading Discussion / Re: Is it possible to transfer BTCs from one exchange to another exchange wallet on: July 03, 2017, 04:25:06 PM
So I just chose the withdraw option on Poloniex and gave the Bittrex's provided BTC wallet address. Is the transfer going to work or have I just done something stupid?

P.S. The status on poloniex transaction is "complete" however the status on bittrex still shows pending. Is this normal? Any ideas how long this will take?

I transfer this way all the time and it works fine. You just have to wait for the confirmations to complete for the funds to be available.

Just make sure you have the correct wallet address each time. Otherwise you will lose you coins and can't get them back.
This is how most of the people transfer their coins from one exchange to the other exchange and it is the right way to do. If you think the other exchange is more beneficial for you and their services are better than the one you are using, then you are on the right track and there is nothing wrong in it. Only vigilance is required from transferring one wallet to the other.
186  Economy / Economics / Re: Mining coins save or sell it? on: July 02, 2017, 08:38:50 PM
I am personally a miner, and I keep all I mine. I just sell from times to times what I need to pay for the electricity but that's all. Time said me I was right and with my predictions in the crypto-currency market, I will be right another time.
Yes you are saving for a future consumption's that will help you in a future. Paying some bills you will need a little amount of bitcoins. That's why on the other side you are saving because you are the believer that it will reach to $10000 soon then i will easily do anything in a future with bitcoins. Because bitcoin makes thing easy.
187  Economy / Economics / Re: Which one is good, trading or investing? on: July 02, 2017, 02:39:35 PM
Trading is rarely consistent even among good traders and the variance in your earnings is huge, investing on the other hand with a little common sense always yields a nice profit so I will pick investing anyday.
I am more into investing in things like Bitcoin as well since the price of Bitcoin is usually going in a n uptrend so the money arrives constantly.

Trading Bitcoins is tough if the person trading does not know how to use Bitcoin exchanges that well, there's a bunch of people that lost money doing that.
I have good experience in both trading and investment, most of the time I give preference to long term investment,  like bitcoin where I want to investment my money for a long time while some time I also give preference to short term investment whenever I get a chance for quick profit in such situation I prefer to short term investment.
188  Economy / Gambling discussion / Re: Why I suddenly decided to leave gambling alone. on: July 02, 2017, 07:02:48 AM
Gambling has its way to make players think irrational, that is the reason why most of the time player who have played long hours and have established a good profit make large mistakes like betting all in on higher chances and would end up busting. I am happy for you OP that you have quit gambling and I hope not to see you in gambling sites ever. :p

Gambling isn't  that bad as it is a way to entertain yourself. But if you are addicted to it then its like drugs you will give each single penny of your to get hands on the site with bitcoins.

Gambling can be a good thing for you if regarding as entertainment only, you can really relax with it directly or it will help you to relax indirectly and to feel good afterwards. You just shouldn't abuse it. And the abusing of gambling is trying to make it the source of your income.
I do not think that there is any entertainment in gambling, if money is not involve , you can get entertainment from gambling if you will invest money, then either you are winning or losing money but it will entertain you for some time. if you are winning the best then you entertain and enjoy for a long time but if you will lose the your entertainment will over as your finish the game.
189  Economy / Economics / Re: If you have a lot of bitcoin, should you spend it or save it? on: July 01, 2017, 09:43:58 PM
I will just save it for long term and i will not spend it because it is not a good idea for me to just spend bitcoins to useless things while i can just hold it and let the value of it grow into a bigger amount that i can enjoy on the bigger things after a few years. I won't settle for small happiness because i want extra ordinary happiness like spending my bitcoins to buy a new sports car.
Good decision. By the passage of time it is enlarging the value of bitcoin.
In which it is giving you opportunity to invest more income that the value of your investment become more double than you invested. So keep wait for a precious time when it would reach to high tendency then withdraw some of them for your future.
190  Economy / Speculation / Re: Are we going to 5,000 $/btc ? on: July 01, 2017, 08:36:53 PM
Is it possible to reach 5,000 $ /btc this week or next week ?

Looks like we won't be hitting $5,000 on this run at all. I would expect to see $1,500 before $5,000. Maybe on the next bubble.

This week or next week? That will be impossible, we all know we have an upcoming network splitting this August, though it is not still sure, are making many users and inbestors panic, selling off their bitcoins waiting for a dump to buy again. I can't bkame then it is the good way to make profit. Maybe after the month of August, we will be seeing a price above $3000, $5000 maybe will be up at the last month of this year.
This will be a more optimistic approach and I guess expecting $5000 in the month of September or October may not be possible if anything great happens to bitcoin like acceptances from various countries. If China, Russia, Australia or India announces to accept bitcoin then the price may raise high even more otherwise the price will remain around $1800-$2700.
191  Economy / Speculation / Re: Bitcoin down unda on: July 01, 2017, 07:46:13 PM
I think it has some room to fall before any big booms. Bitcoin has risen really far really fast, and it's going to face resistance. It's currently overvalued and needs to correct and calm down for a bit before it can continue growing.
While your assessment is right you are underestimating the psychology of the masses, when we finally get bitcoin accepted in Australia, and if I’m right then that is going to happen in July 1st, you must understand this will create optimism in the people, so I think we are going to see a pump, maybe not one that is going to be very high, but it is going to be there.
We will see a rise in the price of bitcoin definitely if the Australian government accepts bitcoin. Bitcoin price rise and drops on a very simple formula i.e Bitcoin demand high= Bitcoin price high and the vice versa. So being optimistic about the price after the Australian acceptance makes a sense. Determining how much the price can raise is not easy to stat but there will be upsizing of price.
192  Economy / Speculation / Re: Bitcoin price after 1 August - Down 50% on: July 01, 2017, 07:11:33 PM
You believe that? then don't hesitate to dump your coins and wait for the price to go down 50% and buy back then, do you have any idea how much profit one can earn if that was true? this is the work of same people been always manipulating us to make us sell our bitcoins so later they come and claim them for cheap. hard folk Cheesy
There may be some people who want to manipulate the price of the bitcoin but at the same time there might be people who may think that the segwit may bring loses in the Bitcoin price and what if these preapprehensions turn to truth ? Does anyone here have any guarantee about the price that it will not go down below a certain range? I think no one have the exact answer to this question.
193  Economy / Services / Re: Civic Signature & Avatar Campaign | Full members to Legendaries | [CFNP] on: June 30, 2017, 01:00:34 PM
Payments sent: fe12522ec420f4c003e5be5e7e9e7439d70d7dd9c1b0aa6fa025c279d4703fd2
Thank you Edwardard very much for prompt payment  ! Must be a great manager around here.
Thanks Civic-team for such an opportunity to work for you !
194  Bitcoin / Bitcoin Discussion / Re: High school dropout who invested in bitcoin is now a millionaire at 18 on: June 30, 2017, 11:58:41 AM

It could've been me too - I knew about Bitcoin when it was $3 each lol

It is hard to believe that a 12-15-year-old kid has done that. There are many other aspects of his success, his country, parents, and supporters. Everyone may not have the fortune of him. Right now it's getting harder and harder to earn BTC without any investments.
For sure now a days its really very difficult to earn bitcoin without doing hard work and tough work for this one needs to be serious and take his or her investment to the right path as for my own i joint bitcoin at the age of 16 and now at this age i take it very serious so it will help me.
195  Economy / Economics / Re: Is bitcoin now the strongest currency in the world? on: June 30, 2017, 09:51:37 AM
In the virtual world I guess it is, it has along way to go to be the strongest in the real world.

I disagree. What do you mean by "in the real world"? Are US Dollars not from the real world? And if they are why do they give $2,700+ for 1 bitcoin then if bitcoin is only from the"the virtual world"? I think everything which is traded for the USD has the real value and hence it's real.
Well the problem is actually of the communication. Both the US dollar and bitcoin are the real one if the bitcoin or the USD were not real then why would people trust it. The only difference in them is that the USD is a tangible asset while bitcoin is intangible asset. So, I guess the debate is over Smiley
Yes we can over it here. But the question is that to explain further to get information. Both are real but USD is not much valuable now a days because bitcoin is holding records in a market therefore bitcoin is better which is intangible asset. But more powerful than USD. So if the economy of US is become a week then the dollar price will be fall where in bitcoin the price will be never fall. It will grow day by day. So, I believe that both are real but difference are a lot of between them.
196  Economy / Economics / Re: Make money from money on: June 30, 2017, 08:41:41 AM
Ongoing trend is completely money oriented. If you have money you can make a better volume of money with what you've in hands. Else the same is not at all possible, because right now investing into different platforms is a must as the market cannot be predicted accurately.
Yes totally I agreed.  Because if you have a money in hands you can invest you can get more. You can buy bitcoins with your money. Therefore easily you will get a high value income in a future.

If you have no money then you will work in some websites where it is hard to earn money. Clicking Ads to earn bitcoins, Playing games to earn bitcoin which will make us much difficult to earn bitcoin so therefore if we have a money then we can invest easily to make more money.
197  Economy / Economics / Re: Where did you first heard about Bitcoins? on: June 30, 2017, 08:03:03 AM
I heard it back in 2011 where in there was a huge hype of mining Bitcoin using GPU's and there were numerous facebook groups where they posted they rigs and also had many tutorials for other to follow or even customize their rigs in order to work better.
Actually, I heard it from my classmates a few months ago. In addition to that, I decide to conduct study about bitcoin to know it fully. Then, I found out that by using bitcoin I can make and earn money so that I asks my classmates to help and teach me how to get bitcoin in some easy way.Im glad that I know what bitcoin is because it helps me to sustain all my need in my daily life.
That's really great that you get to know more knowledge about bitcoin from your friend. You should study yourself too and introduce that knowledge to people as well because as your friend helped you like do that to everyone.

But learn yourself too. Learn the methods learn the skills. Become a deep know ledger about bitcoin. Then you can success in bitcoin. It might helping you right now as well after getting to know very deep it will help you more in a future. Good luck !
198  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: June 30, 2017, 07:39:26 AM
No, banks are already thinking into some way to use bitcoin technology to save them a lot money over their inside transactions. Bitcoin isnt a real problem for banks, they provide a usefull thing the loans for over 2 years up to 50 years, the max period you will lend your coins will be for maybe 2 weeks with colateral. Besides those the world economy does use banks, and they wont change it at all, soo bitcoin isnt a problem to banks at all, even with some people using it, the money will return to banks in the end.
What you're saying is true because people will also exchange btc to fiat in order to buy things that can only be bought by means of fiat money. But what everyone saying here is what if many countries began accepting btc as a payment ( as we all see they began regulating btc ), and what if many people are using btc let's say 60% btc 40% fiat currency, I wonder if the banks will accept the fact that btc is the new age and they will bought a lot of btc in order to replace their money into digital currency which I think if they don't do some companies will begin launching other cryptocurrencies banks and the older banks will fade, which I think this will have a lot of contradictions regarding fiat to cryptocurrencies to Central banks and to online banks and to government and it's people who use cryptocurrencies. This will be a long haul of hearings and New laws will be implemented in the payment system of cryptocurrencies.

Your assumptions are valid but it is far from happening anytime soon because our financial industry, which banks are in, are regulated by the government and they can control and implement policies for the thriving of these banks.
Partially agreed with you because the business commitments will have to be monitored by banks and if there is chance of to disappear the banks then there will be very strong objections in legalizing the bitcoin currency in devoting countries. And to convince them to use bitcoin for their business it will take a lot of time and therefore we need to convince them gradually so that they can bitterly know about it.
199  Economy / Economics / Re: List of Bitcoin Hostile (and friendly) Banks on: June 29, 2017, 08:35:15 PM
If you are trading, and even if your percentage is as high as ours, there is a chance of loss.  If the bank stops your funds, then your chance of winning a lawsuit is 100% and that is a step up from the trading floor.
If it is about government and bitcoin debate then Bitcoin will definitely win.Bitcoin is crypto currency which is famous all around the world. If government even ban the bitcoin in a country but country cannot stop people to invest. There are many ways to cash out bitcoin. So bitcoin is best and never defeated. So i will prefer that there is now law created for to stop bitcoin.
200  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: June 29, 2017, 08:02:35 PM
I am also saving bitcoin for my travelling and marraige. Grin I am also saving it for buying a new mobile quickly.
Yes you can get many benefits from bitcoin. Suppose it would give you a huge party in your marriage. It will give you different models of mobiles in your hand by the current time which is famous for. So you can definitely save for travelling and marriage and yeah it is also accepting now a days to buy a tickets online via bitcoin.
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