761
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Economy / Speculation / Re: BTC will not DIE, People Die; Will you be the Last Man HODLing?
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on: December 06, 2018, 11:00:14 PM
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You need to do your own research before you want to buy bitcoin, there are risks that you need to know before you invest, and yes we ask everyone to hold when the situation got bad because we don't want to cause panic sell and we also don't want to make the situation worse, but if you still insist want to sell then its your choice, dont blame people when you lose money in investing, nobody force you to invest
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762
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Economy / Economics / Re: The harmful affect of a continuous downward movement of the Bitcoin price.
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on: December 06, 2018, 09:02:56 AM
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I agree, but its hard to convince investors, the constant dropping value make the investors hesitate about the possibility the price will go up in the future, and the investors now is afraid of the whales manipulation, there are numerous of investors already giving up investing in crypto, the bear market in this year is quite severe, we need something to trigger the bull run to make investors back to invest
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763
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Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto currency is suppose to turn the middle class into rich people
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on: December 06, 2018, 05:27:14 AM
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Crypto currencies actually is not the tools to make someone rich, it was not created for investment, but people like to trade it because its valuable, bitcoin got a high volatility so it could be turning people become rich or become poor, previously there were a lot of people's life become better because of crypto but in this constant bear market a lot of people suffering because the price keep on dropping, but the possibility becoming rich still widely open, now is the time to buy and take profit in the future
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764
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Economy / Trading Discussion / Re: How to profit from the market, bulls or bears
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on: December 06, 2018, 02:57:13 AM
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Whether you are a day trader or you trade once in a while, you have to align yourself with the smart money, not the dumb money, surf along side the whales,not against them, trading is war and you have to choose your battles correctly
Trading is never a simple task, there are a lot of things to learn and to analyse, the theory of trading is simple but the execution ia really complicated, every one want to make money with trading and surf along with whales seems like a good idea, but if suddenly the whales decided to change tide then we can suffer huge lost, so in trading we need to be extra careful if we want to surf along with the whales, because once the whales dump, it will take a long time to recover
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765
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Bitcoin / Bitcoin Discussion / Re: Bitcoin and Organized Crime
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on: December 05, 2018, 11:07:06 PM
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Unfortunately yes, most of the "secret" transaction that require more anonymity, the people will prefer to used bitcoin, if we are talking about darkweb then all of the transaction will be using bitcoin, but bitcoin is just a medium, so whatever the transaction happen people should not blame the bitcoin, fiat also constantly being used for crime
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766
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Economy / Gambling discussion / Re: Fiat or crypto betting in bear market?
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on: December 05, 2018, 10:58:51 AM
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I prefer to bet in crypto despite the bear market situation, if I hold the coin then there is a chance that the coin losing value, so its better to just gambling with it, by holding the coin in bear market its mean I am gambling with the market condition, and if I gamble with crypto there is a chance that I can make profit
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767
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Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto currency: A Personal Race
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on: December 05, 2018, 05:41:57 AM
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When I trade and I able to make profit then I think I am better than the person that only hold, because if I trade then I increase the transaction volume, so actually trading contribute a lot for increasing crypto value, trading can be learn by every one, it got huge various of indicators so everyone could find which indicator that suit the strategy
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768
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Economy / Economics / Re: Block Chain eliminates regulators
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on: December 05, 2018, 03:39:54 AM
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It could be, but mainly the reason is because the government don't want the people to be unsupervised, the government want to taxed everything, at one point the overused of crypto could make the economic become bad because there won't be enough transaction volume for the fiat, but actually blockchain doesn't need to eliminate regulators, it can help the regulators to checking things, blockchain is a very useful technology that was design to help people in transparency transaction
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769
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Bitcoin / Bitcoin Discussion / Re: Why do we need bitcoin in the modern world?
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on: December 04, 2018, 11:11:41 PM
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Because bitcoin offer something new and useful for us, there are a lot of advantages using bitcoin, the decentralisation gives us freedom to do transaction without being supervised, the fast and efficient transaction between countries, beside that bitcoin could act as investment and currency, bitcoin could be the new way of doing transaction
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770
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Alternate cryptocurrencies / Altcoin Discussion / Re: My objective opinion, why cryptocurrency will live and develop
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on: December 04, 2018, 12:51:05 PM
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Yeah we need more time for people to realise and understand the purpose of crypto, once people know the usage and the value it will be very useful and can be used in many sectors to help out lives become better, most of the traditional investors still not too believe in crypto, they prefer something tangible to invest, so seminar and media are some of the keys to make people understand and realise the potential of crypto
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771
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Economy / Economics / Re: Can Bitcoin even work in our current system?
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on: December 04, 2018, 10:46:17 AM
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No, bitcoin itself won't be able to work in our system, although we really like decentralised system but it won't work for us, if we used decentralised system then the rich will get richer by monopoly most of the money and control the price, when it happen all the economic stability will be shaken, so it's a bad idea to make bitcoin into main currency, but bitcoin will be very useful as sub currency
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772
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Bitcoin / Bitcoin Discussion / Re: Even people in here now give up on Bitcoin
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on: December 04, 2018, 02:06:27 AM
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I don't think many people are giving up, yes the price had drop significantly, many people had suffered lost, and the one that losing money is usually the one that bought in the peak, but for early adopters, I still believe bitcoin could recover, the most important thing is the adoption not the price
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773
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Economy / Gambling discussion / Re: The key reason for gambling
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on: December 03, 2018, 11:00:35 PM
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Most of the people gamble for the money, they are looking for some activities that can make money in an instance, that is why there are many people addicted to gambling, some people looking for excitement and way to release stress, hoping that the excitement could make them earn some money, so actually gambling is almost all about money, the difference between good gambler and addicted gambler is how they control themselves to stop
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774
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Economy / Speculation / Re: Hello cryptoworld after few months and bitcoin price is around $4000(!)
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on: December 03, 2018, 12:12:27 PM
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It's depends in the time range, if you are asking about the price this year then it will around 4000$, but for the future it can rise higher, for sure I don't see bitcoin is going to fall under 1000$, the situation now is quite bad, the market is unstable and full of manipulation but there are good and positive news that coming, so if we keep on encourage people to used bitcoin then bitcoin will recover faster and the price will rise higher
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775
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Bitcoin / Bitcoin Discussion / Re: bitcoin bankruptcy
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on: December 03, 2018, 09:04:15 AM
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This is the consequence of crypto, the price really reflected by the supply and demand and there are numerous people become rich from crypto, so you need to be more wise to handle the situation, dont put all your money in crypto although the reward is big the risk is also big, and for this bear market, it's best to hold and don't sell your coin
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776
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Alternate cryptocurrencies / Altcoin Discussion / Re: Someone has to stop this "forks" shit!
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on: December 03, 2018, 04:30:17 AM
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This is the beauty of decentralization, everyone is free to conduct their own solution for the problem that they can see and produce their own fork.
But sad to say that there's no one that can stop these forks, all of these has an open source code which can be modified by anyone.
I somehow not see this as the beauty anymore, the open source forking had made a terrible situation for crypto, the crash is uncontrolled the trust also keep on declining, unfortunately this is the consequences of decentralised, so nobody could stop this, anyone is free to create their own coin either by create new coin or forking
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777
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Economy / Economics / Re: G20 & CRYPTOCURRENCIES
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on: December 03, 2018, 02:05:14 AM
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At least the governments still consider to adopt or doing a more detail research about crypto, nothing new or any conclusion about the decision, we only can wait what will happen with crypto, but at least they want to make a clear decision about crypto, from what I sense is the government want to adopt crypto but still hesitate because they can't handle some of crypto features that can be used for illegal things
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778
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Economy / Economics / Re: Is Bitcoin and Economy rare?
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on: December 02, 2018, 11:46:55 AM
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Yeah I understand your situation, nowadays people are making money from money, so we need to do extra hard work to make our lives become better, the declining price is not permanent there are still big hopes for crypto in the future and even in this declining market you still can make money from trading The inflation rate is very high, so you need to find a good passive income, it can either from fiat and crypto investment, but I think crypto investment will give you better ROI
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779
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Economy / Trading Discussion / Re: 4 Things Traders Must Do To Be Successful
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on: December 02, 2018, 09:05:21 AM
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Its a good advice but all of that is too common and some people don't know how to implement it, all of us know tgat we need to control ourselves vut sometimes when we found a good opportunity to make money with limited time then we are going to rush the decision, many people also said buy low sell high but the implementation is not that simple, there are numerous factors to consider, trading need experience and and we need to keep on learning and try new things, dont afraid to fail as long as you learn to do better next time
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780
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Alternate cryptocurrencies / Altcoin Discussion / Re: before investing speak to a specialist
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on: December 02, 2018, 06:50:25 AM
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Its a good advice but sometimes it is better to do your own research and ask for guidance, for beginner maybe its okay to ask and follow, but you need to learn how to find a proper information to obtain a great investment, every thing need to be learn, by achieving more experience we can decrease the risk of losing money
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