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1221  Economy / Economics / Re: Becoming wealthy and social responsibility on: January 29, 2018, 01:45:15 PM
May be short of money now, but can not lack love!

If I make money in digital encryption, I will use the money I earn to help people in need!

I also tell them the block chain technology! Let more people know about this new era of changing the world and getting rid of bankers' control.
Some rich people are fools. I know I don’t have much, and I’m not like all these billionaires, but I still help the poor. I still go to orphanages to give the little I have. But there are people who have millions but still can’t give just a $1 to someone, it’s too bad. One day you will die and leave those things behind.

When we are getting benefits from bitcoin then we must spend some money back to bitcoin ecosystem. But many people are getting confused on this on how to do. One simple way is spreading bitcoin awareness to our near and dear people. When we are making people to know about bitcoin, it will help the entire system to grow rapidly.
1222  Economy / Economics / Re: Do you think bitcoin redistributes wealth or just makes the wealthy richer? on: January 29, 2018, 08:51:48 AM
Just that... do you think there is any re-distribution effect at all due to bitcoin?
Bitcoins redistribute the wealth among all the users and also it gives the poor opportunities to be richer. Bitcoins are easy to earned and just we need is some good knowledge and learning skills. I think, bitcoins are much profitable for the individuals with poor financial conditions and bitcoins can really make a individual earn a happy life by balancing his/her financial life.

Bitcoin as all the others altcoins makes the early adopters richer.
Because they deserve that as they were coming to know about the opportunity and potential of those coins in its early stage itself. If knowledge is the wealth then it is a fair and correct to make early adopters rich.
1223  Economy / Economics / Re: How much money do you have left from your job? on: January 28, 2018, 05:45:57 PM
I get paid from a job in my country for $ 295 / month.
yes that's enough for my daily meal costs and enough for my tuition fee. I am very grateful to still be given a salary of that size and if I could increase again my salary in the future.  Grin
Are you guys kidding me? Someone in Russia is making just $2,300 in a year and someone from Czech Republic, $10,000 in a year? I was even thinking they will be making like $100,000 plus in every year. Well, theirs is better, cause I worked on job that once paid $280 a month. Which means I was making around $3000 a year. But, I later moved to a better job.

Honestly after getting into bitcoin related earning opportunities, I have found my life changing drastically like I am able to save some money after my life's need. I must thank bitcoin for providing me opportunity in this competitive world.
1224  Alternate cryptocurrencies / Altcoin Discussion / Re: How would we know which cryptocurrency would be Scam? on: January 24, 2018, 12:31:41 PM
If you want to putting your money.. on the basic of the general investment on cryptos, just pick the coins that are really more popular when compared to another coins and has been attracted by many investors/traders, or pick some coins are on the top 10 cryptos on the market, this is definitely can more be avoid a scam coins and it's obviously can providing to get chance a profit investments.

Well if you've intend to invest in an ICO, looks there are already solutions here, in essence just choose that's looks more trusted.
The practical problem with most of highly established coins is, they are not providing good returns compared to what we are gaining with new coins. That is the reason people are always looking for new projects to risk their money. But all the new projects are not yielding good returns which makes your idea as good one to follow.

Investing only with top 10 coins must be a good idea but that should be long term based because only after holding for years we can get some reasonable profits with them whereas new coins are known for high profits at the same time many of them might be scam coins too.
1225  Economy / Marketplace / Re: bitcoin transaction fees has put me out of business on: January 23, 2018, 05:49:25 PM
The biggest problem with bitcoin now is the high transaction costs that can not be used to buy coffee, candy and others because the transaction costs are so high that people are lazy to make transactions using bitcoins. The best alternative is to use altcoin because the transaction cost is quite low, but if it continues like this I'm sure there will be altcoin that will be comparable even beat bitcoin in the future due to high transaction costs so this problem should be fixed soon
I think it is almost impossible that altcoins are capable of being proportional to bitcoin. indeed the cost of altcoin transactions is lower than bitcoin but the higher bitcoin transaction issues are bound to improve and the developers will not take silence, behind the high transaction costs will probably spur the bitcoin price increase so it can become more valuable in the future.
Yes, we cannot hold altcoins like how we are saving bitcoins. So, altcoins are not the exact solution for the scalability issue because most of the people who are accepting bitcoin for their business not just businessman but they are bitcoin enthusiasts and want to hold bitcoin which are being collected from their business. Even they are accepting altcoins for their business deal, after that they need to covert back to bitcoins which will be an extra hassle for them.

As of now, segwit supported wallets will do short term solutions for higher BTC transactions. The much awaited lightning networks may bring a permanent solution for scalability of bitcoin network.
1226  Economy / Marketplace / Re: China calling for a wider ban on Crypto currency trading ? on: January 23, 2018, 03:19:09 PM
I personally dont like what they do even this. Agree that they are not bitcoin and other way around but somehow they always have the first move, even on this. Also agree that one country cannot be allowed to control the price.
In a decentralized environment we cannot do anything about a country's dominance in one system. That is the reason China is dominating in bitcoin mining and controlling bitcoin price levels. We must have to agree that huge population is the biggest power of China so they are able to dominate in bitcoin ecosystem in various aspects.

One is for sure now we should expect to see some bigger movement in price for upcoming period.
Yes that is obvious. Even Chinese government is trying to regulate bitcoin in all possible ways, they cannot stop their people from adopting and investing into bitcoins. So, we can expect bigger moment in bitcoin price levels in coming days.
1227  Economy / Trading Discussion / Re: Bitcoin or Altcoin on: January 19, 2018, 07:12:25 PM
Alts are more lucrative. But every dip they fall harder. Although large cap coins like Ethereum, Dash, Monero survive dips pretty well. Invest in both to reduce the risks.
The thing is, it is always nice to have diversified portfolio because it reduces your chances of going in loss with digital currencies. As we all know that bitcoin is the father of all digital currencies and it has the largest market among all coins. We should invest maximum of our funds into bitcoin because it is capable of returning more than what we had invested. For a safe side, invest some money into famous altcoins.
1228  Economy / Trading Discussion / Re: How to know when to sell? on: January 19, 2018, 05:20:12 PM
Like the saying goes : you can not hit the target you can not see. The first thing you do when buying in on coin is to set the price you are selling or buying more. If you go into any coin hoping for whatever, it is sure whatever is what you are going to get.

Nicely said!
The perfect time to sell bitcoin is at higher prices simply invest into bitcoin for the longer terms and when your desired prices come on the market chart simple sell those coin because waiting more at that time will lead you to the more wait for the higher time so don’t wait when the record value come and more of it bitcoin prices are bit volatile so keep on checking the prices if you really want to earn bigger loaf of profit.
There is no such kind of method or way which can actually help you in knowing this thing that now is the time to sell your bitcoins. It is you who has to analyses the situation in a way that you can get a handsome amount of profit by selling your bitcoins or any other crypto coin. The best time to sell your coins is that time when you are getting your estimated amount of profit by selling your coins.
1229  Economy / Marketplace / Re: bitcoin price from 20$ down to 13$. What do you think about this decline? on: January 18, 2018, 03:42:27 PM
After the pump from 5k$ to 20k$ happened too fast, and because of that you can expect a major correction thanks to investors selling to cash out their profit. The correction is basically over now and I hope Bitcoin will do another bull run soon.
The one thing which we all need to know about bitcoin and all other crypto coins which are there in the world of crypto currency is that all of them are highly volatile in nature which actually means that their market value is highly unpredictable.

We cannot predict the market value of any of the coin. The market value of bitcoin is little now but this will not last longer and soon it has already started raising as speculated by many veteran members of this forum. We can be sure that bitcoin price will reach 0.1 million dollars very soon.
1230  Economy / Marketplace / Re: Is it possible to use bitcoin like offline currency? on: January 18, 2018, 03:08:59 PM
Digital currencies mean is for online transactions but maybe one day that developers will make a bluetooth app for transferring not file but coins.
All the offline currencies do not need of having any kind of internet connection as they can be used even without having any internet connection and there is no such need of having an internet connection as well.

However, in case of bitcoin having an internet connection is a must condition and we all really need to have an internet connection in order to make any kind of transaction related to bitcoin. If bitcoin will be used as an offline currency then it must have stable value. A stable value can be fixed at least for some 24 hours.
1231  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Tax? on: January 18, 2018, 12:17:31 PM
Yeah well lucky there aint many taxes to pay after days like today!
One of the major reasons of this much increase in the number of investors who are investing a huge amount of money into bitcoin and that too in such a short span of time is the tax free nature of bitcoin which makes all the investors of bitcoin not to worry of paying anything to the government in the form of tax. Moreover, this also helps the investors to make more money by investing in bitcoin.

But, when we are depending on bitcoin to be converted into fiats through exchange services then taxes will be automatically applicable and there will be no point of having bitcoins for saving tax benefits.
1232  Other / Off-topic / Re: Best way to earn Bitcoin on: January 18, 2018, 10:48:27 AM
I’m newbie here... What’s the best way to earn Bitcoin? I need assistance please. Thank you.

For me the best and safest way to earn bitcoin is through trading though it is kinda slow pace in terms of its profit it is still undoubtedly the most efficient. I have seen a lot of successful investors who are just patient enough to wait until their investments increased before actually trading it.
Trading is not that much safest way of making money as most of us think it to be. Trading is quite a technical job to do and it is really very much difficult for the traders to make more money by doing so. Other than trading, other ways of earning bitcoin is to join signature campaign and tweeter campaign or bounty campaigns from altcoin section. Moreover, you can also go for holding in order to maximize your networth.

There cannot be one single best way for earning bitcoins. Also, you cannot earn any decent amount of bitcoins from a single method of earning. We all must need to have multiple income stream so that we can earn good amount of bitcoins in more quick times.
1233  Economy / Trading Discussion / Re: did you place all your funds into bitcoin? on: January 18, 2018, 10:15:48 AM
No I don't put all my funds into bitcoin but some I put invest into altcoin also. I think good to put invest a little percentage of our money into altcoin also, so not just invest into bitcoin only. Like ETH is good potential coin to put invest into it, so we need to choose good coin before we put investment.
Diversification is better than owning only one weapon because all of them will be of use at their own times. If a person invests all of his money in bitcoin and holds it for long, no doubt a significant amount will be earned. There will be times when bitcoin won’t make any progress. Those re the times when altcoins can lend a hand in increasing the capital. So, better to take the most advantage out of situation. Even I am suggesting diversification, I do prefer investing into bitcoins with maximum percentage and with rest of cryptos with possible least capital.
1234  Economy / Trading Discussion / Re: What is the best coin to buy today? on: January 18, 2018, 08:41:03 AM
I think there are two issues you need to think about when investing:
1, Bitcoin money power
2, Altcoin coin thrive this year
I am not a good trader but in my opinion you should invest in altcoin and specifically litecoin and NEO.
I will not deny the fact that investing in altcoins is a wise move to gain profits. By looking at the present progress rate which Ethereum is showing and few other altcoins, our options have increased but we all know that bitcoin will be gaining value soon and when it will start the engine, nobody is even going to keep up with it.

Ignoring bitcoin is like ignoring a golden opportunity. That is the reason I will invest most percentage of my available funds into bitcoins and with rest of funds I do go for investing into other known and well established coins.
1235  Economy / Gambling discussion / Re: Why do we need to gamble? on: January 17, 2018, 06:51:28 PM
Nobody actually "need", but in your private case I would say that the interest turned to an addiction and you need to gamble to satisfy that need; so as many other addicted people. I think your father was wrong that he took you with home for gamble on such a young adge, but everyone educates he's children how he sees necessary.
The reality always hurting when it comes to gambling, you do put high expectation to reach the high target to win big but ended up with a lot of debts due addiction. You need the pleasure of a good winning, as I believe there's nothing positive when you have to accept your losses .
Losses and frustrations are common happening for any gambler till they all prefer going for gambling just due to their strong addictions.

They need to gamble almost daily as their addictions will not let them to go for anything else. Until a gambler give priority to their responsibilities then addictions will take them into gambling regardless of their duty or responsibility needs. We need to gamble to sooth our stress but gambles do get stress due to their gambling addictions after some point stay with gambling.
1236  Economy / Gambling discussion / Re: Do you think you are a gambling expert? on: January 17, 2018, 06:20:49 PM
My answer would be definitely a big no, if I am truly a gambling expert, I would have already retire from my job long time ago and just focus totally on gambling as a living, I must admit that the house edge of the casino is just way too hard to beat, best advice is to take gambling as an entertainment purpose.
As far as I have seen gambling never let anyone to groom as an expert. Because almost all the gamblers do face losses more often than how many times they can find chances to stop with profits. I guess only for the gambler who are able to foresee the future can become as an expert within gambling industry.

Because to control the luck factor, we must foresee the future events then only we can be sure about having luck moments while gambling. Yes, only lucky people can make consistent profits. I mean only in terms of how often a gambler is able to crack profits, we can adjust them as an expert or not.
1237  Economy / Trading Discussion / Re: When do YOU sell? on: January 17, 2018, 05:37:44 PM
I will sell when I get a profit, I never set how much profit I should get because it all depends on the price and market conditions at that time, if the price starts to fall I will sell it even if I get a little profit than i have to hold my bitcoin again, or if the price is still rising then I will hold my coins while watching the market movement.
Yeah, I'll be selling when the price pumps up to its peak value and where I'll be getting the desired amount of profit. All this requires a constant analysis of the market and the proper timing when the coin is attaining the maximum value. And if some decline is observed in the value, sell it then to gather your profit. But if the price is quite low try to hold it long until the price pumps up...
I am investing and will not sell soon because everyone here says that bitcoin is very effective for the longer terms investment and I am investing for the two years and I am sure 2020 will be my selling year because I really want to achieve big piece of profit so that I can fulfill my desires and can live according to my dream lifestyle and bitcoin specialty is it never disappoints anyone and same will be done with me by might bitcoin.
1238  Economy / Trading Discussion / Re: How I can make money with cryptocurrencies? on: January 17, 2018, 04:46:30 PM
you have a good platform with great information that is bitcointalk, you can get maximum details from this platform and this information will be very cheap and useful for the different purposes for example if you can choose the way to earn crypto currencies from trading business and then you have good platform to get more and more informational details and more discussion about it form this platform which is fully relevant to trade and provide the best way to trade information.
Simply invest into the bitcoin and for longer terms it is very effective as well and then sell at the higher record prices and there are a lot of people who make millions from this act and I am also doing same thing bitcoin is best for those who keep bit patience and when the pump comes that people get more as compared to others so the best way to make money in crypto is to buy at low and sell at the extreme higher values.

Making more money with cryptocurries will be easier when a person is trying along with this forum. Because, only here we can find lots of different earning opportunities. Hence we cannot ignore to mention about bitcointalk while discussing about making more money with cryptocurrencies.
1239  Economy / Economics / Re: Do bitcoin millonaires deserve their wealth? on: January 17, 2018, 04:05:40 PM
Ofcourse yes, they put a large of faith into bitcoin and blockchain technology since this kind of technology is new and not yet tested before. It took several years for the normal people to know what bitcoin is and start investing and make the price of bitcoin soars high. For me, its just the prize of believing in an idea that can help others.
Yeah, you are right bitcoin blessed them because they are believers and they invested wealth of their whole life in bitcoin and they remain on side of bitcoin till they got profit from it and, you stated right bitcoin profit is not easy investor face pump and dump phases and keep faith in bitcoin and when their time come they got blessed from bitcoin and I am sure one day every investor will be millionaire because of bitcoin.
1240  Economy / Economics / Re: War on cryptocurrency! on: January 17, 2018, 01:47:07 PM
I would say this is exaggerated, no one didn't declare the war to cryptocurrency.
It's kind of natural thing that governments and central banks want for cryptocurrencies to be regulated and by that I don't mean banned but regulated by law in positive sense.
There are some governments, usualy in undeveloped countries with some drastic ideas of ban and similar but generaly speaking no one is making war with cryptocurrencies.
But I can get OP's concern in terms of cold-war or an undeclared financial war. Some governments like India are already started pushing hard hands toward bitcoin buyers like how they got big money by either money laundering or through black economy. This can be viewed as war against bitcoiners.

Regulations in terms of impacting the usual activities of a crypto enthusiast may lead to undesired results for the growth of bitcoin and its price levels. I am also seeing these as war in some sense.
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