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801  Economy / Economics / Re: How do you feel about market regulation? on: May 26, 2018, 12:31:27 PM
Yes, I believe that the crypto-currency market should be regulated. But not by governments of individual countries, but by the members of the crypto community themselves. It is those people who are really versed in Bitcoin and other crypto-currencies, are able to make decisions to provide better conditions for themselves. Governments pursue other goals. While those people who directly deal with crypto-currencies know what will be better for participants in the crypto-currency community.
Seriously ? That is pretty funny because how really do you think that would end up being pulled off making our own policies without the government having a say and where is the central authority going to be coming from ? That is very unrealistic and something that obviously cannot happen.

It is a decentralized space and if there would ever be any regulation, it would end up coming from the government of each country, but that does not change the decentralization aspect of any cryptocurrency and the activities are the only things being monitored.
802  Economy / Economics / Re: Economy in your country on: May 26, 2018, 08:54:40 AM
I believe that the government is very important role in the economy of a country, as long as they close their eyes and close their ears to new things, his economy will undoubtedly keep running in place. as it would be if they closed themselves against the Bitcoin gigital economy, because I think Bitcoin has a huge contribution to the economy of a country.
Government plays a huge part to the development of every nation. As long as there is a lack of vision by the leaders of any country, there is no way they can ever have plans and the only plans some of them usually have is the plans to grow their own pocket like they will die and take away with them all the funds they are looting.

Economy in my country is not that bad but not where we should be when looking at all the things available that one can tap from the whole resources, but there are just always those dudes at the top diverting what should be fueled into the economy to produce infrastructures and facilities for the masses into their own pockets.
803  Economy / Economics / Re: Blockchain and AI will improve the world economy on: May 25, 2018, 06:56:17 PM
many central banks adopt blockchain and AI technology. I think this will simplify and improve the transaction system in the bank. which is planned to improve the world economy.
Not just banks but every other sector we can ever think of. Health, legal, Engineering, name them all will be affected with the blockchain technology and Artificial intelligence. So many developed countries would obviously want to do research to quickly bring about the innovation to life the more and that would really give them an edge in this space over time. Let's see how the world is going to be evolving pretty soon with these two but it sure indeed will bring a lot of improvement to the economy.
804  Economy / Speculation / Re: 1 BTC = $7,992.71 should i buy and wait or on: May 25, 2018, 06:21:45 PM
I don't think there is a bad time to buy below $10k... or even above. It's possible that BTC will drop to $6k, but if you truly believe that it will rise in the long-term and if you are buying for the long-term, none of this matters.
It totally all depends on each individual. As some may see it as a bad time, some will be seeing it as a good time, but that depends on how they perceive the market themselves generally. The problem is that a lot of them pretty much just think of the present moment every now and then and then they forget about the future benefit that they stand to gain.

One of the reasons we have a lot of weak hands in the market today is simply because they are not even sure of making decisions on their own.
805  Economy / Economics / Re: What if all the governments of the country united to strictly prohibit the exist on: May 25, 2018, 05:49:15 PM
Bitcoin will never be banned universally maybe in some area of this world bitcoins existence will be banned but not all country and if ever this is possibly happen this is very sad because we can never make an easy profit by using altcoins but i think if this are mightily occur the country government will have an early warning before they're ban bitcoin in their countries so better to sell our assets.
Never say never, the probability that bitcoin is going to be banned all over the world is not very high but the possibility is there, there are some very powerful countries like China that do not like bitcoin at all, and it is possible that the United States probably agree with the stance of China and if both countries were to unite their diplomatic strength they could convince most countries around the world to ban bitcoin.
Maybe you should see how most countries are presently operating things on their own irrespective of how other countries are. There is no single country dictating for every other country globally for something like this to ever happen or one single body appointed for that which can be manipulated. Governance is done by every country the way they please and thinking it will be possible to get all the countries heading towards the same direction is impossible.
806  Bitcoin / Bitcoin Discussion / Re: Target Market of Bitcoin on: May 24, 2018, 02:45:27 PM
Millenials are the best target of bitcoin because it fits so much on their generation but of course it doesn’t mean that everyone cannot join, as long as you understand what is bitcoin and how it will work for you to earn and you have the capital to start also, then you can go and join because there is no selection to be exact, if you feel like joining then you can start and enjoy the benefit and chances of bitcoin.
Yes, if we are referring to the target, early users are just the fortunate part of the target market but in the literal meaning, they are not meant to be just the target market. Target is the whole community, the whole world, the whole population as far as they can get their hands on it, they understand the real usefulness and they are totally tired and done with the way banking system has entrapped them in making transactions easily without being limited. We all are the target market.
807  Economy / Exchanges / Re: Hitbtc death? on: May 24, 2018, 09:07:36 AM
Just because their site is slow as hell,you think they're gonna exit scam?
Wow , how many times did kraken exit scam then?
Seriously, unless you have any proof, don't panic like that.
What proof is needed again here ? The fact that they have no support, the fact that they have screwed some users over time, or the fact they are just full of shit. A lot of people will be surprised at how things end up turning out with the likes of this exchange as well as the likes of Yobit. For heaven sake, using an exchange generally is risky since they are centralized, but now using a shitty exchange is like seeing a trying to play with a viper's tail.
808  Economy / Marketplace / Re: Digital Currency Take Over on: May 23, 2018, 05:24:11 PM
As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
And you think that by most countries accepting Bitcoin that will make it take over everything and being used by everyone, well you think wrong. It can take over, but that will have to be in whatever that has to do with investments and of course we can use it as a payment method, though not all countries approves that. Bitcoin is making success, but I don’t think it will replace the currency we are making use of.

Everything is possible folks, but I think it's too early for that. Still the local currency is more famous than anything else, special in digital currency. Tangible item is matter I think. What do you think folks?
yeah, we cannot tell what the future holds and anything can be possible. Over time, I guess even some countries will switch to blockchain technology and gradually discard the printing of paper currency and in that case, I believe with the way things are generally as people get to adapt easily; it would increase the age of digital currency.

Government own digital currency is apparently going to be centralized which will not make it any different from fiat anyway. Over time, we will get to know how the whole space evolve but like you said, it is still too early to start assuming for the future.
809  Economy / Trading Discussion / Re: If you want to be successful in trading.. on: May 23, 2018, 04:01:15 PM
buy at a cheap price and sell at the top. it is basic basic from trading to get profit. analyze candle become one of the key to success of trading and do not panic also important to it
Yes, the words you say are essential and essential, but there is one element if you want to succeed in the Crypto market. You probably should be patient, keep your faith unmoved by the fluctuations. market. Rest assured whether the market has fallen and they will rise again in the future, which is the rule of the Crypto market that I have seen.
Keeping your faith unmoved by the fluctuations should be one thing that should help you only when you are in a long term trader or you are just simply a holder. In trading, for short term and even some times in long term, there is always going to be need for stop losses, only if you know where you are setting them and that is when patience can at least come in as long as your trade has not hit the stop loss.

A lot of people have ended up buying at the top and ended up having patience holding only to end up losing so much when they could have stopped loss and buy back at dips. Patience does not work all the time.
810  Economy / Trading Discussion / Re: Follow Strictly while trading on: May 23, 2018, 03:26:55 PM

Yeah, emotions is also one of the biggest factor to be successful in trading. That's why you will hear experience traders saying that you should throw your emotions out of the window then you enter the world of crypto trading.

Just few comments though, for diversification, it doesn't mean that you go and invest on other coins, for me it really means that you invest outside of it, like real state properties or stocks or mutual funds. As for FOMO, yes you can do it but as long as you know when to exit. Another thing, lay down your entry and exit strategy as well so that you can mitigate your risk.
Yes, if we trade with emotions we must fall. That's why we have to trade with brain/sense, not emotions.
I would rather say if we trade without knowledge first, then we will fail woefully. Knowledge guides you in your decision making as you start trading first and with that knowledge you will be able to make decisions gradually and get good at it over time with experience. There would never be any trader that would not end up having emotions when it comes to trading as long as they do not have a strategy and that would be more like them gambling and hoping that luck pulls it off for them.
811  Economy / Trading Discussion / Re: do you believe in luck? on: May 23, 2018, 12:08:54 PM
We cannot deny the role of luck in our life esp in the super unstable coin trading. However, I think how the end turns out depends on your reaction to the situation. So do not give up on hope! Keep believing and investing in bitcoin. After many bad luck comes the good luck.
Yes, it is undeniable that luck exists but trying to center one's life around luck is actually not the best thing to always do as it is necessary to always take life in our own hands and try to see how we can make things work, and thereafter luck can simply help us to make it bigger than probably how we least expected it to be.

For instance, I have been trading for a while now and I had to go through some huge learning process to be able to guide me into making good decisions, if those are not there, I would be losing than profiting and that basically is going to be on me and not on luck.
812  Economy / Trading Discussion / Re: Hackers ? on: May 23, 2018, 11:29:54 AM
Hackers' work is hacked.They always have the opportunity to do these abominable things.And they can wait a lot and hack money with intelligence.They are very clever and intelligent.But in the currency world,the number of scams more than hackers.
With everything going digital, it even makes it easier for them to find vulnerable investors to playing and dancing to their tunes. So many people have been a victim and are still being a victim which is one of the reasons why the ad space was being cleaned by Google and the likes since this is a way they have used into stylishly getting people to click on phishing websites instead of the real one.

It is important to always try as much as possible to stay secured as there are ways even on every platform that can help to achieve that but people simply are just too lazy sometimes.
813  Economy / Speculation / Re: Is the Bitcoin market going to collapse? on: May 23, 2018, 09:08:04 AM
we are getting closer to that day when majority of people realize that they should not use market cap for comparison and saying things like "market share" and "dominance" where they should really say "market cap" is silly. and hopefully we can soon see a new thing replace market cap which actually represents value of a cryptocurrency and by then you can clearly see how the real ranking goes. and we stop seeing silly topics like this pop up Cheesy
Maybe they concentrate too much on coinmarketcap.com Grin. I still do not know why a lot of people use the general market cap as a fundamental for anything at all. I would not blame them though as over time, they will get to know how irrelevant that seems to be and judging based on shitcoins available in the whole ecosystem like the OP said, will obviously not be affecting the value of bitcoin in anyway. As long as people stop putting too much relevance on altcoin having effect on bitcoin, I bet the altcoin stupidity will halt a bit.

Bitcoin will remain number one on the cryptocurrency market. Even if there will be a coin that will be more dominant than Bitcoin it will not affect Bitcoin price.
Bitcoin is far more established and as long as it is not stagnant with development, I do not see how some altcoin that is just popping up, most especially those ones who are clone and thinking they can do better will end up surpassing bitcoin in anyway. Some with real life product may have a demand for them in the long run, but competing with bitcoin or using present dominance to judge the state of the future like the OP did is just insane.
814  Economy / Speculation / Re: Bitcoin is bearish trend now. on: May 23, 2018, 08:33:52 AM
Bitcoin still on bearish trend. Until it cross 8900$ for me still bearish trend. Up to where it will go down no one can say exactly. Might be down up to 7500$ to 7K. But if cross 8900$ then Bitcoin will bullish trend and price will increase rapidly and recover itself.
Even the crossing of the $8900 resistance does not make it totally bullish as that is just one step to testing a very huge resistance which is in the $9200 region and that would make us really know if we are really on the verge of trying to hit the $10k resistance and breaking it or not.

It is pretty hard to predict the market anyway but just as you have said, we are sure still in a downtrend with nothing serious to expect with the way the market is going now. No trend is permanent everywhere. Bearish moments will not last for long as new investors who are all always looking for cheaper prices to enter will make use of this "another opportunity" for sure.
815  Economy / Economics / Re: Economy in your country on: May 22, 2018, 02:16:26 PM
Economy in our country is like a temperature, there are times high and there are times low, i wonder if they accept bitcoin inbour country maybe it will become better and higher. And our country would be progressive one.
Yes bitcoin is really effective in growth of our country economy as it makes our country stronger and higher among all other communities,. Bitcoin is way of making people rich and make our country really progressive, as it is modern way of payment, digitization shows a country to be modernize and having bitcoin makes people employed which reduce the number of unemployed people in our country.
The legalization of bitcoin does not necessarily lead to a better economy for a country, if the government is not good at issuing a law for bitcoin, it may actually be a huge disadvantage to them, since bitcoin allows its users to take undercover transactions and possibly harm the state, government should be able to take the best possible benefit from regulation such as asking for taxes, and so forth, thus benefiting one another
Yeah, as even so many things still depend on the government. Till date, some countries are extremely rich just like mine but they are so in lack of good leaders who see every avenue as an opportunity to loot funds and only enrich themselves with the basic amenities even lacking.

Bitcoin may actually help in the long run those who are able to adapt it and based on the level of adaptation within the country in terms of at least being able to take a hold of your future, things may get a bit better on those personally basis, but in general, and when it comes to reviving the economy at large, it still solely depends on the how ready the government is.
816  Economy / Marketplace / Re: Cryptocurrency market to suffer from strong correction on: May 21, 2018, 05:00:48 PM
Strong correction I believe is an overrated term. Yes there would be correction which would likely drop the price beyond what we are having currently but a strong one would mean a crash in price which is way out of line at this time. Analysts would say things for them to cotinue to be in the news. Only if there is a way to punish people if there predictions fail to hempen after a specific period of time, it would have reduce all of this not so thoughtful predictions.
We are even already in a correction at the moment but which looks like a more complex correction as it is. However, anyone who is coming up with a stronger correction is just more like an alarmist to me as there is no reason whatsoever for anyone to be expecting such a huge correction as it is right now with no fundamentals tending towards that way and in fact, the sentiment with regulations is not even tallying with the response in the market presently that much.
817  Economy / Marketplace / Re: Do you really care if your data is exploited?? on: May 21, 2018, 03:40:58 PM
The real problem we are facing is unknown. With that I mean we have to worry about that what we don't know instead of the recent cases with Facebook that have been covered thousands of times already.

In order to prevent all that you should avoid anything requiring your personal information. It seems difficult with how applications and services require this information, but the fact of the matter is that we don't need them.

With how regulations are kicking in on a weekly basis, all sorts of investment sites and ICOs are requiring personal information, which is utter nonsense. I would never value potential profits over my own privacy.
Hmm. Based on your last statement, I really hope you are for real on that one. Who cares about the data when I am making shit loads of money ? The last time I checked, I am just like a tiny piece in the whole puzzle and it is not like I have something someone else does not have. Facebook used my data and so what ?

Some may say they should have been compensated for it, but really, this is online, and you cannot run for some of these things. Not like I do not care about my privacy, but the truth is that there are so many other ways ones data can be collected without one even knowing no matter how safe you want to be, but unless something is really done about it, we are just screwed on that level.
818  Economy / Marketplace / Re: Cryptocurrency is unsupported: is it true or is it a myth? on: May 20, 2018, 08:19:59 PM
It's plan of bull and bear
We just don't see all this shadow games
Shadow games indeed. Cryptocurrencies not supported is just a myth which some set of people just want some gullible set of people to believe until they miss out totally at the end.

I believe there are a lot more great things upcoming for the cryptocurrency world and things will obviously turn out a lot different in the long run for the best and positively. For now, the market is still very new, filled up with a lot of FUD and speculations, but those who really are true believers do not care about the mythical theory being spread around.
819  Alternate cryptocurrencies / Altcoin Discussion / Re: Will BCH, LTC, and ETC price raised up? on: May 20, 2018, 07:11:19 PM
Sure it will.



Or maybe not Roll Eyes
Yeah, it could happen in both ways as no one can actually predict the future anyway. The thing is that we always get to see the prices of most altcoins being pumped around this time of the year though. We have seen the first major move from most of these coins, so there is a possibility there would be one more attempt pretty soon. If all things are equal and bitcoin switching back to an uptrend while consolidating for a while, we may get to see some of the altcoins including the ones mentioned by the OP doing great in value.
820  Alternate cryptocurrencies / Altcoin Discussion / Re: Huawei phones on: May 20, 2018, 06:26:57 PM
Not that huawei is only open to some countries.
For example, in their own China, pre-installed bitcoin wallet software is not allowed.
I am still not getting this as based on the article it seems they have their own personal store where users of the phone can download and that brings about the question that are they simply running their own OS, or they are making use of the android open source operating system.

Bitcoin wallet is not a new thing and this may just be a good news for the Chinese, but I do not see how this really do have any serious impact as a positive news except just some phone that is far behind in every way or except that they are simply launching their own wallet which according to the article, that is simply not the case.
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