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321  Bitcoin / Bitcoin Discussion / Re: WARREN BUFFET says Bitcoin won't end well on: July 05, 2018, 08:30:17 AM
What is your  opinion as per  Warren buffet statement, he is a wealthy giant globally he told CNBC on Wednesday the recent craze over bitcoin and other cryptocurrencies won't end well. "In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,"
Am really scared hope the end is not near. I want to hear from knowledgeable individual what the future holds.
If we look at the present conditions of bitcoin then anyone will predict the same thing that bitcoin is not going to end well because the conditions bitcoin has been going through are not good , it’s val has deflated to a very low extent and in major countries like India , it is completely banned and not Warren Buffet, there are more such people who are in against of bitcoin but I still thinks that this is not the end, the picture is still left and in the end bitcoin will end up like a shining superstar.
322  Bitcoin / Bitcoin Discussion / Re: Is it my impression or media is biased towards bad news ? on: July 05, 2018, 08:16:54 AM
Do you think the media is trying to destroy Bitcoin and cryptocurrency ? I think they show 95% of the times only bad news. Why is this happening ?
We all know that bitcoin and like all other crypto currencies also going through a very bad times and there are many factors that are responsible for such bad image of bitcoin and I think media is one of the major reason for this bad image of bitcoin and yes could be the biggest cause that people are now fearing in investing into bitcoin because they had spread many negative rumours about bitcoin and now for washing this bad boy image of bitcoin we have to create awareness among people as much as possible regarding bitcoin.
323  Alternate cryptocurrencies / Altcoin Discussion / Re: Chinese government banned all of ICOs on: July 05, 2018, 07:46:13 AM
https://www.sosobtc.com/article/23790.html

Chinese government recognized all of ICOs are illegal,all of related platforms must stop offering services for ICO projects,it seems that is just a start,the regulation of ctyptocurrency is on the way.
Some ICOs refund to their investors already,but this event has an effect on cryptocurrencies including bitcoin,the prices droped seriously.
How do you think of that? Good or bad?

This is a very very bad news and I don’t understand one thing that why these people don’t understand the real fate and potential of bitcoin, bitcoin has always helped millions of people and has always proved its worth to be very great and has also reduced poverty to a very great extent but still there are many countries who are in against of bitcoin and does not want to legalise it, for this we need to create awareness among people about bitcoin so that they could understand the real potential of bitcoin and bitcoin will become the central currency world wide.
324  Economy / Economics / Re: Germany recognized the bitcoin on: July 04, 2018, 05:24:04 PM
The Ministry of Finance of Germany signed the Decree on recognition of bitcoin  legal tender.  The document specifies that purchases made for cryptocoins, are not taxed!What do you think about it?



I think this is very good news for all crypto traders that Germany 🇩🇪 being the so developed country has legalised bitcoin and the Matter of keen interest is that they are not implying taxes over the exchange of crypto currency and I think this is a news to cheer about because this is the thing that all people are tensed about that after the legalisation of crypto currencies, the tex over them will be increased but Germany is not implying any taxes over bitcoin and this is really a very good news for all.
325  Economy / Speculation / Re: Why bitcoin gone too much deep?? on: July 04, 2018, 05:06:09 PM
Hello btctalk.i am in this cryptoworld since from many months but i never seen this much deep of btc so i have some questions related to it.

1) why bitcoin price gone this much down?
2)why bitcoin price fluctuate too much?
3)which features affect on the fluctuations of price of btc?
4)Is bitcoin price affect on  altcoins? If yes then which altcoins price get affected by it ànd which are not?
5)when  we should see the price increament in BTC?



I would like to answer your questions one by one.
1. Bitcoin is a kind of investment and it is very common in all kind of investment that its valuation flactuates with time.
2. The flactuation in the valuation depends on the market factor, when the demand of bitcoin is high then its valuation inflates and vice versa.
3. Bitcoin is a volatile crypto currency and because of this feature its valuation flactuates.
4. Being superior of all crypto currencies, the flactuation in valuation of bitcoin affects the valuation of other altcoins also
5. According to many wise economists we can see the inflation in the valuation of bitcoin in the last months of this year.
326  Economy / Speculation / Re: Bitcoin is dead many times! on: July 04, 2018, 04:41:57 PM
I read so many threads about warnings on bitcoin possibility that it will end. Well i do not believe on them instead i buy more bitcoins and other establish crypto since this the good time to get huge profit in the near future. Well if it will end then i have no worries because this is investment and part of it is the risk. All investments are having risk and if you take the risk it will end either earning good profit or a loss of money.
I am completely agrre with your monopoly. Bitcoin is a kind of investment and every investment requires a risk and it is end up either by having profit or loss , so there is no new thing if the valuation of bitcoin is flactuating and there is no need to panic even because this is very common in all kind of investment and the same is with bitcoin also, bitcoin has always given people chance to get maximum of its profit and I believe that bitcoin will end up with profiting its investors only.
327  Economy / Economics / Re: How is Bitcoin different from Etherium? on: July 04, 2018, 04:20:33 PM
Bitcoin on one hand being the pioneer is much more widely accepted in the financial market than Ethereum and hence has a more market capital. Ethereum works with a more advanced technology and hence has a more developed blockchain and secure cryptography.
While Bitcoin is currently used just as an investment asset, Ethereum is more versatile and is used as a token for smart, decentralised applications and also is used as a platform for posting new ICOs.
I still feel that bitcoin is better than etherum in all aspects, compare the statistics, growth graph, the valuation, popularity, the potential, number of investors of bitcoin and etherum and I think bitcoin is superior in all these aspects, though etherum worktop more developed technology and has more developed block chain but still bitcoin always has upper hand over etherum and moreover people find bitcoin more trust worthy and profitable than etherum.
328  Bitcoin / Bitcoin Discussion / Re: crypto currency ban in india on: July 04, 2018, 04:04:05 PM
hi......... if in case of crypto currency exchange or use of currency  has banned by RBI in india  means what is the further steps to withdraw the crypto currency 
Yes I also heard the news that bitcoin has finally banned in India , reserve bank of India has issued a notice on 3/04/2018 that all Indian have to withdraw their money from the crypto currencies that they have invested within three months and after that all the crypto currencies will be ban in India and people will be solely responsible for their loses and now after the three months all the crypto currencies are finally banned in India , though the forum of rules and regulations is yet to declare by RBI but for now it is completely banned in India.
329  Bitcoin / Bitcoin Discussion / Re: How is trading cryptocurrency different from stocks and forex trading? on: July 04, 2018, 09:45:40 AM
How is trading cryptocurrency different from stocks and forex trading? Read on to know more.

Source: Forbes

https://www.forbes.com/sites/quora/2018/02/16/how-is-trading-cryptocurrency-different-from-stocks-and-forex-trading/#7f38a3124594
Trading or investing into crypto currency is entirely a different concept and is entirely a different from that of trading in forex or in stock market, these all forex and stock market require very long term investment and you have to wait for very long and moreover the profit ratio is not that much but and on the other hand bitcoin investment is for very short span of time and you can get very good profit in very short span of time so overall bitcoin investment is beneficial in comparison to forex or stocks trading.
330  Economy / Speculation / Re: If Bitcoin's price depresses you. This is not a speculation topic on: July 04, 2018, 09:30:32 AM
All you need to do is look at this chart that was made during the "long bear market" of 2014 and believe. The estimate for 2017 reached its target plus more. I am optimistic it will reach its target for 2021 too. Plus more. Cool




This is a very good news though because the most worrying thing for every crypto user is the deflating valuation of all the crypto currencies and bitcoin being the topper and superstar of all the crypto currencies is in most controversies and this news is such a relief for all of us because there are millions of people who has invested a lot into bitcoin and thus they are very much worried that they might suffer from huge loss , so this news is still very relieving that prices might inflate again in the future.
331  Economy / Speculation / Re: Bitcoin is crashing due to the falling price? on: July 04, 2018, 09:16:03 AM
----------
Bitcoin has experienced the same thing as many other coins have. However, it is certainly true that Bitcoin is not dead because of some following reasons:

- More people are using Bitcoin
Metrics gauging Bitcoin users and usage all point to a continuous uptrend, albeit with peaks and alleys along the way, just like with any new technology. First, transaction volume per day is probably the most straighforward metric, which is the most important index. Admittedly, the recent drop in volume is significant. However, part of this could be due to the increasing practice of transaction batching, which lowers overall volume.

- Bitcoin will not die although it has fallen to approximately $ 6.000
Although the number of current wallets and addresses is not relevant to the number of users worldwide (because most electronic wallets now consistently generate new addresses and one user can have multiple accounts), it still draws a general picture of the increasing popularity.
Blockchain, one of the most popular Bitcoin wallets, has had a rapid increase in new accounts, with nearly 24 million accounts at the time of writing. In addition, one of the most popular Bitcoin exchanges in the world, Coinbase, has recently reached 20 million users among 35 countries.
With these figures, the number of Bitcoin users is expected to reach 200 million by 2024, according to RT reports.

- The problem of scalability is being resolved well
As Bitcoin experienced a surge in new interest and users, the network became congested, leading to a spike in transaction costs at the end of last year. The adoption of SegWit, a block-weight optimization solution, has not only eased some of the costs for now, but also opened the door for developers to work on layer-two scaling projects.
Specifically, the Lightning Network, as well as other optimizations in the pipeline, such as Confidential Transactions, Bulletproofs is designed to make transactions in Bitcoin and other cryptocurrencies more private and secure, or other optimizations, such as Schnorr Signatures, are expected to make Bitcoin transactions cheaper, faster, and more private in the not-too-distant future

- Hash rate is recorded high

The Bitcoin network hash rate has been constantly climbing to the current record highs. Hash rate is the amount of computing power Bitcoin is using. The current rate is at around 25 million TH/s – a massive amount of computing power. In fact, the computing power required to successfully attack the Bitcoin network doesn’t even exist, making it the most secure and immutable peer-to-peer cryptocurrency network in the world.

It is obviously true that “Bitcoin has achieved a level of computing that no single nation state can overthrow it through computation alone,”.

#Bitcoin
#Rothscoin
In my country India, yes bitcoin is crashing due to its continuous deflating prices and now the people are in more panic since the news has came that bitcoin is now officially banned in India , reserve bank of India finally confirms its notice dated 3,4,2018 that cryptos are finally banned in India and thus the valuation is deflating to a very great extent because people are now fearning in investing into bitcoin and thus the demand of bitcoin is decreasing and thus the bitcoin is crashing due to its falling prices.
332  Bitcoin / Bitcoin Discussion / Re: centralize money vs. decetralized money (bitcoin) on: July 04, 2018, 08:58:16 AM
Hi guys nowadays most people still arguing which is the best centralized or decentralized? , well if we go back in traditional and old times centralized money is the best because we can handle it , we can keep it. but today bitcoin is very popular because its decentralized . and its very convenient . however many of us still afraid in this new type of money which is virtual because it might lose or somewhat but it still similar on cenralized money that might steal or lose. also many financial analyst still advicing about putting your money in bank ? like hell ! ? investing in decentralized much better than  putting your money in bank 1% or 2% monthly ? fuck .. whats your thoughts?
Centralised money is what paper currency is, all the Fiat currency is centralised currency which is approved by the government of their respective nations and now a days these currencies are been in use for having general transactions and on the contarary decentralised currency is all crypto currencies which is not approved by any government, though there are few nations who has legalised crypto but if we look for the globally then crypto currencies are still decentralised currencies.
333  Bitcoin / Bitcoin Discussion / Re: Definition for bitcoin fans and bitcoin hater on: July 04, 2018, 08:43:56 AM
Hello folks,

I often discuss with friends and family about newspaper articles where banker, politicians and ceos give their options about the future of bitcoin.
Bankers speak mostly against bitcoin and spread FUD. People who work in the information industy often like the idea.

What do you say? Is there a definition of bitcoin fans and bitcoin hater? And how would you describe them?
I even don’t that what is the releavance of this post even, this is as easy as the title of this post, all those people who are in favour of bitcoin who has completely understood the real potential of bitcoin and those who are benefited with the bitcoin are bitcoin fans and those who are in against of bitcoin and thinks that bitcoin could only for illegal purposes are the bitcoin haters and what I personally think that in the end say after one decade we all starts loving bitcoin and will become bitcoin fans.
334  Bitcoin / Bitcoin Discussion / Re: Is bitcoin dead? on: July 03, 2018, 05:06:12 PM
Hi

people are going crazy about a readjustment of the BTC/USD rate. I guess all arguments are on the table. At least those that I read were repeated 20 times each. Maybe it's time for a poll.
Please let me know if I forgot any important options.
I don’t think that bitcoin is dead or something, in many of my posts I have clear stated that bitcoin is very sustainable crypto currency and and it will last for many decades and would end up being the central currency globally. Though the condition of bitcoin is not that good and being an Indian , I know the condition of bitcoin in India, it is strictly ban here and after the completion of 3 months period that reserve bank of India has given, they have clearly stated the ban over crypto currencies but still I feel there is a hope and bitcoin will shine once again as it was in last December’s month.
335  Economy / Economics / Re: A few suggestions for profit on the crypto market.. on: July 03, 2018, 04:37:47 PM

As the number of crypto currencies increases and more sophisticated tools such as future transactions enter the crypto market, monetization will become increasingly difficult. It is not a smart investment strategy to wait for the crypto money market to buy and rise without any help anymore. Now developing profitable crypt money investment strategies has become more complicated.

The fact that the traditional strategies used to make trading decisions are not fully implemented in the cryptography market makes the business more complex. For example, when valuing stocks, price / earnings ratio etc. A basic analysis can be done using as many ratios as possible. These are concepts that do not apply to crypto markets. Is it possible to make money on a market that analyzes crypto money and has a very high volatility but is quite profitable on the other hand? Yes.

Follow transaction volumes

The first thing you need to do before investing in a crypto money is to look at the trade volume. As a rule, if you do not have some news about a low-volume crypto, follow the crypts that have high transaction volumes every day. High volumes refer to the liquidity of a Crypto. And he tells us that this crypto is an active community of money. The problem with low-volume cryptography is often that it is not a strong community that supports them. These types of crypto money can easily lead to losses because they have the potential to be withdrawn from the stock market.

Use Sharpe rate

After reviewing the daily trading volumes of crypto money, focus on their historical price movements. The best way to do this is to use a financial rate known as the Sharpe rate. Of course, you do not have to manually calculate this rate. You can easily find the time calculation you are looking for on the Internet. The Sharpe rate measures the potential return on the basis of the volatility of an asset. Higher numbers than 1 are often indicative of a high potential return. Given that year 2017 is the lucrative year of crypto money, the Sharpe rate is higher than 1 in most cases. Therefore, you can take advantage of this position to invest in profitable crypto money and identify cryptos with the highest Sharpe rate compared to others on the market.

Keep up to date news to win

You should closely follow developments about crypto money. you should take a closer look at the crypto news from different sources to determine what crypto money will be. Our site publishes dozens of daily content about the latest news on the crypto money market. In this context, you can quickly learn about developments by opening your instant notifications to learn about those developments that may be worth your while.

For example, Zclassic, investors with ZClassic who will be forked to create Bitcoin Private, Bitcoin Private will get as much money as coins in their hands. This is great news, and if Zclassic already meets the other criteria we have already mentioned above, then this news indicates that the likelihood of ZClassic's appreciation will be quite high. The demand for Zclassic is likely to grow in the coming days with people expecting to make some free crypto money. Such a high level of importance and early learning of news that will affect the prices of cryptographic money can provide you with the right time to move. Sometimes news does not give such clear information. This is what we call basic analysis, which means reading and analyzing interlinking news about crypto money. Your news will be highly experienced and you will also increase your basic analysis power.

Find the right entry point

You have decided on the coins to invest now. The last stage is to find the right entry point for your investment. Technical analysis has always been the best strategy for finding an entry point when investing in financial assets. The best way to use technical analysis to find a good entry point is to understand the candle bar models. If you want to buy Bitcoin, the wax bar model that rises in the weekly chart will be a good indicator that it is time to enter the market. Of course, these technical analysis methods that we mentioned in the most basic sense do not give you a profit guarantee. But they are quite convenient tools you can use on the road to the black.

If you follow these steps and your luck goes away, you can make profitable investments in this crypto market. The last advice we can offer, and perhaps most importantly, do not buy or sell with absolutely no fear of opportunity (a sort of FOMO situation). Remember, there are always opportunities in this market. And never will end .. Buy it, sell it when you see the snow, it's that simple
When you invest into something there are lot of factors that works together to make your profit confirm and all these factors are equally important for your profit and these factors plays a very crucial role in your success. I know very few tips regarding the investment in bitcoin, first you need to be very wise while investing into bitcoin that is you should be very precise when to buy or when to hold or when to sell your bitcoins that means you need to to be little bit patience so that you can hold and sell your bitcoins at perfect time when you can get the maximum profit.
336  Bitcoin / Bitcoin Discussion / Re: WIll bitcoin be the point of reference for other cryptocurrencies for ever? on: July 03, 2018, 04:15:36 PM
As we see the USD ($) as a point of reference and determiner of value for most national currencies on the international market, will bitcoin as the mother of cryptocurrency be the determiner and reference point for the value of other crypocurrencies with time. I have witness that all newly coins aspire to get to where bitcoin has gotten to and even beyond and it baffles my mind that for sure will there be a potential coin to by pass bitcoin and serve as a reference point.
I think yes, this could happen in the future that bitcoin will become the point of reference for other crypto currencies like usd is the point of reference for other national currencies in the international market, bitcoin is always be the the leader of all the crypto currencies and moreover if we look at the valuation, the statistics, the growth graph of all the crypto currencies then we will find that bitcoin is the topper of all so yes bitcoin will be the point of reference for all other crypto currencies.
337  Bitcoin / Bitcoin Discussion / Re: Let's make more companies to accept bitcoin payment. on: July 03, 2018, 04:02:08 PM
Let's make more companies to accept bitcoin payment.

I have send email to some companies in the UK to ask them to add Bitpay as a payment option.

Let's start an Operation Bitcoin. All of us send emails to companies to ask them to accept bitcoin.  Smiley


Bitcoin has been going through a lot and if exactly saying its is in very tragic condition, everyone is like in against of bitcoin and criticising bitcoin for its illegal use , countries are not in favour of legalising it but still we all know the fate and potential of bitcoin and therefore we have to convince more and more people for bitcoin and I think big companies can help us in doing this because they are the one who could invest a huge amount in bitcoin and could prove whales for us.
338  Bitcoin / Bitcoin Discussion / Re: Bitcoin will get legitimacy in all countries? on: June 30, 2018, 04:48:11 AM
Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?
I think this is the only question that every bitcoiner could ask now a days because bitcoin has been going into controversy because of it’s legalisation only that whether to legalise it or not because of several illegal uses of bitcoin but countries need to understand the real fate of bitcoin that after its legalisation all these issues will be sorted and then no future illegal use of bitcoin will remain, though bitcoin has a lot of worth in it but still its legitimacy across the whole world is still a question.
339  Economy / Economics / Re: Is it possible for someone to manipulate the virtual currency market? on: June 30, 2018, 04:32:54 AM
If an entity is large and powerful enough, is it possible for it to gain a monopoly advantage and manipulate the rises and falls of the virtual currency market?

If we deeply observe the valuation of bitcoin then it is not the function of a individual, it always depends on a group and as I stated in my previous posts also that the factor of valuation depends on several factors like market demand and supply and then the number of investors and the amount of capital people are investing into bitcoin, so it is not possible for an individual to alter the valuation of crypto currency but a group can alter the valuation of crypto currency by either withdrawing or depositing huge amount into crypto
340  Economy / Economics / Re: Simply predict the future of bitcoin on: June 29, 2018, 10:31:45 PM
According to the k-line of 2011-2017, the major bull markets are basically those that rise after a super rally and then go back a year to two years later.


When should the chance of tuen mun be this time?


Feel like there's a half-year down period?


While history will not simply repeat itself, shouldn't the bull market come so soon?


The ICO bubble is pretty bad.
I am a kind of person who is a huge fan of bitcoin and I always supported bitcoin since when I came to know about this and I too believe that bitcoin will have a very shiny and bright future ahead , the current status of bitcoin may put some people in doubt regarding the future of bitcoin because of the current valuation of bitcoin but still the past and success stories of bitcoin and the trust and faith that investors has in bitcoin always suggest the positive, bright and shiny future of bitcoin.
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