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1461  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum , is it the future ? on: November 12, 2017, 06:51:58 PM
I also believe in the fact that it can also happen. It is possible with the foundation that ethereum has made in this crypto industry. Many people use ethereum it has a faster and cheaper transaction compared to bitcoin. It is mostly used in these ICO because of its flexibility.
Ethereum has really gained some pretty good ground and there is no doubt about that, as it has given birth to a lot of tokens easily.

But, we have to consider the fact that the market is growing every day and new competitions keep arriving each day with probably the same thing or something much better and as long as we do not know what the future holds for any of them, then we cannot know if Ethereum is the future or not, but I doubt.
1462  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Anyone in Bitconnect? Scam coin? on: November 12, 2017, 06:09:10 PM
I got lost in the crypto Youtube world and everyone has these Bitconnect accounts and I watched a couple of videos and it sounds like a Ponzi scheme waiting to happen in a year.  What do you guys think?

You're spot on! And thankfully you do realize the consequences of this coin being a ponzi scheme. I know personally that many people know this is a scam but still promote it to others for their personal gains in terms of affiliate income.

This is not only misleading but also immoral in my opinion.

Bitconnect is no different to make money fast schemes or MMM global.
It is just greed!
It is funny that most people always know when they are in a Ponzi scheme but they always find a stupid means of justifying it.

I won’t be surprised since that is what keeps the ball rolling for them, cause as much more gullible users like them keeps stepping in, the more they keep getting and so on until one day, the cycle cannot just help itself any longer and then die.
1463  Economy / Economics / Re: Bitcoin vs Ethereum after 5 years? on: November 12, 2017, 03:27:26 PM
I don't think that ethereum will stay at the price it is right now and that bitcoin will go really high in value because bitcoin is really popular and more people join it.
But ethereum will stay the same because it is not so popular as bitcoin is.
Ethereum will most definitely not remain at its present price and would still be higher in value.
However, bitcoin will also not remain the same and it has higher chances of increasing in value more than Ethereum ever will.

Ethereum is even beginning to have some competitions although we will still stick to the fact that it has given birth to a lot of tokens which even Vitalik himself said, some will fail just like normal startups do. So, we should expect a higher level of increase in bitcoin obviously than ETH.
1464  Economy / Economics / Re: Someone from 2020 contacted me on: November 11, 2017, 11:44:49 AM
Wow what i nice series of numbers i hope this may happen, Actually we don't know what will happen in the future. So lesson save bitcoin as long as we can and wait until the right time to sell.
This will happen soon that bitcoin will exceeds from its marginal prices and that time will be profit acquiring time an that’s right that future is unpredictable but seeing the popularity charts bitcoin has made a stable place now so that increase in price is sure thing and at the end f 2k17 prices will be at 10k and In coming 2 to 3 year bitcoin will be the most precious coin on this planet so be ready for that time.
I am really looking forward for this fork to just come and go as the outcome would definitely determine where we are heading straight up to next. I am very much optimistic and I believe the BTC legacy chain would be the clear winner, however, like the co-founder of bitcoin.org says, the unthinkable can happen and I guess we just have to be somehow prepare for it.

Lol i think that it will be very cool to contact someone from the year 2020 and i think that bitcoin will be really popular in that year because as you can see the bitcoin value went up so high it is insane how much it is worth right now.
Bitcoin is totally growing even more popular each and every day, so, if we keep going on with just the little awareness that we have had this year alone increasing 2x next year, then we are absolutely going to get past what the person from 2020 who contacted OP saw. The person obviously must have been from 2018 and not 2020.
1465  Economy / Economics / Re: Why Is Bitcoin's Value So Volatile? on: November 10, 2017, 05:24:26 PM
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.


Bitcoin's value depends on the investors and users. The more people investing and holding bitcoin, the higher the price goes. It really depends on market demand. So, expect bitcoin to rocket-up because more and more people are getting interested in bitcoin because it is really profitable.
Bitcoin is an asset, and as usual they always start up with a low amount and a very low market cap. Its price fluctuates to any direction depending on investors, how much they invest and how much they withdraw. But sometimes, I get confused when I’m trying to compare gold and Bitcoin.

Unlike Bitcoin, gold is always less volatile and makes little changes, despite the fact that millions (or possibly billions) of people from around the world invests on it.
A huge asset indeed. Remember during the boom of gold at some point, it also started this way and there was a point when there was just that booming trend due to the demand. However, gold even though being an asset is controlled, while bitcoin is not, and the masses are the one determining what they are willing to pay for it which makes it even better. It is very useful and as long as it keeps being useful, there would always be demand for it.
1466  Economy / Marketplace / Re: Where to invest my Bitcoins? on: November 10, 2017, 04:03:29 PM
Until the hardcore has passed, it's best to invest bitcoin in bitcoin! And then the field of normalization of the course in altcoyins which should grow sharply.
Not sure if that was a mistake or you are just not sure, but it is hard fork and not hardcore. Certainly, you are right, it is best to stay clear for now and watch the situation of things a little before the fork unless you just want to take some huge risks though.

Although buying at dips now, we may see some of the altcoins still pumping like some are doing now before the fork, but it is best to be very careful.
1467  Alternate cryptocurrencies / Altcoin Discussion / Re: bitcoin fork in december on: November 09, 2017, 04:47:28 AM
I don't care about it, it does not worth to think about them. There will be lots of Fork in 2018 as well. But it is not my concern.
This is just the best thing every member of the community should be doing. Ignoring those forks because they are shitcoins and that is what they would end up becoming. No one should want them and the earlier we started doing that, the earlier all these punkish developers started knowing that we are not gullible enough to fall for their scams. They can hold their shitcoin for as long as they want.
1468  Alternate cryptocurrencies / Altcoin Discussion / Re: Fork vs Bitcoin and Altcoin on: November 09, 2017, 02:39:09 AM
The real question is: will btc survive the segwitx2 fork? and if so... how? It will be still most important crypto or it will be second?

Only with these answers we can know what happen to btc price
B2X seems to me the one that would end up not surviving the fork anyway. The only set of people supporting it are the miners and the bitcoin companies which to me do not really have much say compared to the users.

Users have totally backed out from the B2X since it seems glaring what the miners and NYA are after but only time will definitely let us know what happens eventually. One thing I am sure of is that I am dumping the B2X once I can.
1469  Economy / Trading Discussion / Re: btc target on: November 09, 2017, 02:08:55 AM
It went off as I am expecting it.
The price is too high now that it became so scary to hold it.
I guess many are feeling the same way I do.
My target was just 7k and it went up more before I have even the time to decide whether to withdraw it or not.
Now, I expecting more and dont want to miss the opportunity of a greater profit.
The price increase of bitcoin is really scary, it has gone over the expectations. I was expecting a plus $7k price by the end of the year. I am both excited and worried at the same time about the price of bitcoin. It has make me nervous to decide to what to do. The price increase seems insane to me, I want to withdraw my holdings but at the same time I am looking to the value of my holdings that increased by almost more than a thousand dollar. This situation has now tied me to wait and watch for the next couple of weeks.
I would say scary is an understatement. Bitcoin really surpassed so many people's expectation because I remembered at the beginning of this year with so many speculations and so many people hoping for at least $4000 and then we just ended up having some crazy booms of all time and we are already above $7000 at the moment. That is just one story to tell knowing that bitcoin would even bring more possible surprises in the coming years.
1470  Economy / Trading Discussion / Re: should i buy btc now or sell? on: November 09, 2017, 01:37:08 AM
If you want to buy now i think and pretty sure it is not a good idea at this time try to check first how much the value of bitcoin it is very high,i suggest to convert some of your bitcoin if you want to or just hold it as long as you want.
Everything balls down on the OP and his understanding of trading. If he does not know how to trade, monitor chart and activities, then it is best for him to buy in now and if it dips and there is still some cash hanging, then, he buys in more.

No one really knows what could happen next. However, if he can wait then he should watch out for the value hitting above $7600 and then he should buy in cause it might reach another ATH, except that, it might correct and come down a little to test support.
1471  Economy / Trading Discussion / Re: Do you see trading as fun and games? on: November 09, 2017, 01:09:44 AM
Trading is not fun at all, Its not fun to wait for too long. I sell my bitcoins immediately if there is an emergency that i need to pay something but above that, I usually save my coins and sell it if there is a huge price increase. Trading is a hard job because the market is volatile.
Trading can only be fun when you are very good at it and even at that, it should still be taken seriously as bad mistakes can make it even crazier than ever considering it as fun.

Trading is a profession that if you are good at, you can be getting a lot of profit and being good at it requires a lot of learning and practice which would not be fun at the beginning but as time goes on when you are good and making a lot of profit, that is where the fun starts.
1472  Economy / Trading Discussion / Re: What to do when the market is full of red on: November 08, 2017, 06:43:09 PM
I often lose my temper when altcoins drop sharply.
And in general, I sell altscoin at the bottom
Selling while it's red is a bad move. I mostly do that before but now, instead of looking at the market dropping, I drop my phone and go out to relive the stress of seeing my portfolio drop. Recently I have sold half my coins at half of the price it currently is now because of loosing temper and because I thought it will keep droping but I was wrong. It's best to keep coins and hodl them for longterm if you want profit.
If most of the coins are in red, then there must be a very strong fundamental behind that and the best step to take is to first ascertain and analyse the news/event behind it, to effectively evaluate one's options. Just like now, almost all altcoins are down and that's because holding Bitcoin in wait for the November 16th hard fork translates to free money and people are out to grab as much as possible. At that, it should be obvious that the prices of altcoins would rally again soon after the Bitcoin hard fork and selling off now at their low prices would mean a huge mistake.
Right. Usually all altcoins don’t usually fall on red unless something crazy is happening to bitcoin either positively or negatively. However, reds are the moments when you wait for more of it and buy even more at a certain point for profit because, no matter what they will be stepping back up.

Also, for anyone holding an altcoin right now since before the first fork apparently should not even bother trying to sell, because that is already a huge loss. The best I would even advice is to find some funds to buy now at their dips and then capitalize on the profit from that which would compensate a lot at the end for the little losses before the previous ones grow back to that stage.
1473  Bitcoin / Bitcoin Discussion / Re: Is holding bitcoin Greedy? on: November 08, 2017, 06:11:43 PM
If that's the definition of greedy then any money making activity would be, trading alts, join ICO etc. I hodl bitcoin to gain appreciation, not about short term and long term, in a world where crypto might change completely this is way of hedging the risk.
Greed is the curse because now a lot of the people are having the greed that they want o learn and they want to earn very fast but it is not the good at this time investment is the different thing but for this you will have to keep the patience and the proper planning to be the bitcoin user. It is the bitcoin that will give the things we need for the future and this will make the future best and the secure.
1474  Bitcoin / Bitcoin Discussion / Re: Do you think bitcoin has role to play in the future? on: November 08, 2017, 04:57:30 PM
Bitcoin future should play a role similar to gold, because bitcoin is scarcity, there is a certain amount, bitcoin is global, and can be traded globally. Smiley
It will be better than the gold because the trust of the people on the bitcoin is much higher as compare to the gold I hope the gold will be no more in the investment, gold is the old way of the making money and all the people will hold the bitcoin if it will be the best currency I hold the bitcoin as the security of the money and I hope it will grow in the price and he income of the bitcoin will be the best currency.
1475  Economy / Economics / Re: Is bitcoin a good way to invest your money ? on: November 08, 2017, 10:09:24 AM
Yes bitcoin is a great way to invest your money into you can just only need to see how much people invest in it and all the good stories they have to tell you about their bitcoins i would say bitcoin can easily make one a millionaire.
I have been involved in lots of stuffs including trading, gold investments and a lot more, but none of them were able to make me much profit as Bitcoin did, despite investing tens of thousands. So Bitcoin is worth investing on.
There is hardly any reason to deny this fact that there is no other better way of investing your money other than investing in bitcoin. Bitcoin is no doubt the best investment of the 21st century. If we actually want to earn a good amount of money for having a comfortable life, then we have to go for investing in bitcoin and that too as soon as possible. Bitcoin will definitely make us rich.
No reason to deny the fact. I remember the huge panic that happened some years back when bitcoin crashed hugely for months and so many people thought, damn! This is the end. Then being here totally shows something extremely different as the support keeps growing stronger and stronger.

Bitcoin has proven to be a very worthy asset to have and anyone who is smart now and want to be able to build a good future pretty fast should know better by now that investing in bitcoin is like investing in the future.
1476  Economy / Marketplace / Re: Is it possible to use bitcoin like offline currency? on: November 08, 2017, 09:37:13 AM
Maybe all of you will be amazed because I say Yes. We can use it even offline. For example let's take this, we have cold wallet where we store bitcoins and we have to pay something that costs for example 10 bitcoin (we have this 10 bitcoin in wallet too, not more or less). Now what we do, we give private keys and etc to pay someone, that's all, we used it offline.
No way! That cannot work. You give private keys to pay someone. Do you have an idea how why private keys are called PRIVATE ?

If you ever give anyone that, then all your assets in that wallet is gone if the person totally have a negative mind. Also, even if you want to make use of the private keys, you will still need to load it in an online wallet before you can make use of the funds in it.
1477  Economy / Trading Discussion / Re: What to do when prices are falling on: November 07, 2017, 12:20:47 PM
many people afraid whenever bitcoin drop they may lost their money more and more, but they dont know, bitcoin is hardly to drop too low, so they sell their bitcoin to cut the lost, however i think before we do that we should stay calm and think bitcoin will rise again in the future, this is just a fluctuation of bitcoin so hold until it rise again.
Bitcoin dropping these days does not even pose much fear again in the minds of anyone as most weaker hands are getting stronger knowing that dips are even positions to even buy more for profit. Although, for alts, this is just not the case and unless you are willing to wait for a long time after the blood shed for the coins to recuperate back to the value you got them, it is better you sell them and then buy back at dips.
1478  Economy / Trading Discussion / Re: did you place all your funds into bitcoin? on: November 07, 2017, 11:00:46 AM
Yes all my fund are in bitcoin and i have not regret it in the last two years. I only take some bitcoin out if there are pressing need i need to attend to.
You must have made large profits and money by now if you are involved in bitcoin for last two years. Obviously why would you regret for investing all that you have into bitcoin when bitcoin is continuously increasing in prices? It seems that you have very good control over emotions and don not do panic selling like most of the bitcoin holders when prices are falling down.

The price of bitcoin will keep on increasing now a days for more than a 6 months time intervals. Before 6 months, the price of bitcoin is only 2550$.Now the value is 6350$.By comparing this price you can decide whether to inverse Bitcoin or not. I will suggest to inverse of bitcoin.
right now, those who have a bit of bitcoin in their wallets will regret it. because the current bitcoin price is so good to sell. well, but, I'm also a little sorry, because it does not have enough bitcoin in the wallet that I have. maybe the next one, i will save it.
No need regretting stuffs like that. After all, you can only afford to what you are willing to loose or what you know you can simply afford. Life is all about risk and so many people have taken huge risk and it paid them while some have taken huge risk and it did not, which is why calculative risks are always good.

Anything that would make me question my judgment is not good, and putting 100% of my fund in bitcoin, would make me question that judgment cause no matter how optimistic I am, it is a very high risk to take. No need being greedy!
1479  Economy / Gambling discussion / Re: Did you learn from your gambling mistakes? on: November 07, 2017, 09:15:52 AM
The important lesson that I learned from gambling with bitcoin is you should not be greedy and the end result always has the dependence upon the luck. However hard you make strategies, you need luck to experience the win. Because most of the events I participate were sports betting.
there's really a fun time with sports betting mate, because even the under dogs are winnings previously, i learned that not because strong team
have its advantage not always that they can win the game, its really luck that's bring some success inside the gambling activity.
Most of the time you have indulged yourself into sports betting but due to lack of luck the desired results had not been possible to achieve. All I can say is that sport betting is something interesting and one can learn about the possible outcomes through experience in this field. I usually gamble via Roulette or poker games and the result is entirely dependent upon my luck despite of the number of tries I often avail.
1480  Economy / Gambling discussion / Re: If you would win a Jackpot what would you do with the money? on: November 07, 2017, 05:48:13 AM
If i win a Jackpot money, i will not give any people and not deposit any NGO. because to lead my rest of life i am not sure how much money i need and i will not ready to work one more time. So i will not give single penny to anyone. why should I?
If you ever win jackpot probably the best idea is to keep mouth shout. I read stories about guys who won jackpot and at the and they end up poor just because they shared money with everyone.
But I don't agree with not giving money to anyone, i would share part of money with my closest family.
On winning a jackpot of 200 BTC, I do not think that one can hide his emotion, he will surely share his feeling with his dear ones. 200 BTC is a big amount I think one can easy do anything that he wish. I will like to buy a beautiful house for myself, because in my country 200 BTC has a great value and I can easily get a good house and can also start a good business from 200 BTC.
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