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161  Economy / Speculation / Re: Why we should not panic about the Bitcoin price. on: July 02, 2018, 10:21:07 AM
Thats a good list of hopes! I guess it will help most of the new comers to read and learn why bitcoin is successful one and why its prices will keep rising in the near future. This is also making up good answer for those anti-bitcoiners and alt lovers who think that bitcoin is of no use at all and thats why it will never work out properly for future. If no use then no increase in value, thats what they are saying but your post makes complete sense that its getting used and is far more popular than the normal coins. I think its pretty swift that we have bitcoin ATM's in place whereas altcoins can never reach to real world with such tech.
162  Economy / Speculation / Re: Will bitcoin reach $100,000 dollar before the end of the year? on: July 02, 2018, 09:49:53 AM
Many participants of Cryptocurrency market who could read chart predict that the price of bitcoin will reach 100,000 dollar before the end of the year. What is your opinion? Are u positive or negative to this opinion?

Thats stupid prediction, lolz. Do those guys even know how much market cap it will take up to make bitcoins price go that high? It will be 10x or more than that for sure and to sustain such high market it will need huge supporters too. I cant imagine bitcoin market cap reaching the trillions so soon and giving it the price tag of 100K USD. Lolz. If I really believed that opinion then I am pretty sure I would have sold my house, my prorates, assets and buy bitcoins with the current cheap rates and then by the end of year sell them @100K and be Richie rich.  Grin
Its impossible mate.
163  Economy / Economics / Re: Cryptocurrency on: July 01, 2018, 07:56:20 PM
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

Nope. It does not have that kind of characteristic which it should have if it has to be global legal tender. Plus being decentralised it breaks all the rules of government and regulatory bodies by not working within single perimeter. It works over public ledger so its difficult to regulate it. If you try to regulate it then it can no longer be the same as you see it today. In addition to this if you see the prices then they are always fluctuating one and there is no way to stabilise them and thus its almost impossible to use it for daily life and may not be accepted as it is for global use.
164  Bitcoin / Bitcoin Discussion / Re: I never sold my First bitcoin. Are you also emotionally bound to bitcoin? on: July 01, 2018, 01:57:58 PM
No not really bound. I mean I have sold many times in terms of satoshi's whenever I needed to do so. If there is need of money or if there good high point where selling becomes more important than holding then yes I have sold them immediately. But I always refill my quota afterwards whenever the prices dump to their bottom for that specific period and thus keep the liquidity of my bitcoin. I am really not emotionally bound to the bitcoin and if I would have been there might have been many more bitcoins seating in my wallet right now.  Tongue
165  Economy / Trading Discussion / Re: The market is so positive (100% HODL) on: July 01, 2018, 10:49:35 AM
Excitement and actual market situation are both the different things in the time line. I guess, crypto currencies behaviour is more or less dependent upon such news as you are mentioning here but its not always come along the way. In the previous month G20 summit was held and it was successful enough to boost the crypto market above the current threshold but nothing like that happened and it kept dropping itself a lot. I guess sometimes crypto is just mean girl and it listens to no one at all. So getting excited and making investment without thinking can be dangerous. But HODL is option that mostly works just fine as you get time to think about it.  Cheesy
166  Economy / Economics / Re: Cryptocurrency is a trending topic all over the world? on: July 01, 2018, 10:19:19 AM
Everywhere you can find cryptocurrency topic especially ICO projects are doing well on the marketing through social media like facebook, twitter, reddit, linked, youtube and etc. Celebrities, influential individuals and high ranking government officials are talking about cryptocurrency and that is why i think cryptocurrency is a trending topic all over the world. Do you agree with me? Even haters help cryptocurrency to be known all over the world so let just leave the haters then.

Seeing is believing. Off course mate, the era is also called as crypto currency era. It is one of the biggest advance tech that human has found which literally runs on the basis of public chains. Why wouldn't it be so much popular as there is no reason to say no to this kind of world. I guess crypto currency is really global question that has raised in front of the government where they are in ambiguity as to whether accept it legally or not. And if yes then how to regulate it keeping everything in line. So many things, and thats why it is so much popular too.
167  Economy / Economics / Re: Cryptocurrency exchange got bigger on: July 01, 2018, 09:30:36 AM
I've read an article in the internet that cryptocurrency exchange is growing in number. As of now the number of exchange is already about 500 and counting. Other countries are now creating their very own exchange, does this means that cryptocurrencies is being acknowledged better now than ever before? And if it does, does having more exchange could greatly affect the prices of cryptocurrencies?

The answer is yes, they will affect the prices greatly. This is because of increased number of investors coming from the different regions. The fact is, as soon as the number of investors grows they put up more stakes on the different coins through different exchangers and thus creates new stream of inflow for the money. This is obviously can be seen as positive surge for the coins. The exchangers are always thought to be volume driver where once the coin is listed it starts receiving huge number of investor count and thus price surely rises by some %. Its true fact.
168  Bitcoin / Bitcoin Discussion / Re: Is it my impression or media is biased towards bad news ? on: July 01, 2018, 08:55:38 AM
Its not your impression but its reality of the news channel. I guess news channels run on the basis of FUD, bad news, negative publicity because such news get attention of many people around the world at first place rather than positive one.  Roll Eyes
Because people are always curious what will happen next when they hear something like that. I guess this raises the news channels views, TRP or whatever shit you call it and thats why they are always use to it and indirectly help regulate the prices in negative axis.
169  Economy / Trading Discussion / Re: Which exchange is the best for shorting? on: June 27, 2018, 06:46:43 PM
Binance is the best for shorting, it has most of good coins and most importantly I use binance for shorting as it is very secure exchange I don't want to lose my all money while shorting

Yup, I am with Binance as well because of its trade volume. The number one marketplace makes it very much easier to get lot of volume in 24 hours average. This volume is very very important because when you go for short term then you need to get out of the trades very fast with huge profits. With volume you can get your orders placed and filled very quickly. Thats the successful trade you always want to break the entry point and grab those green line profits. As far as the coins consider, almost every other of them are getting listed over there and naturally binance is good at bringing huge crowd.  Wink
170  Economy / Trading Discussion / Re: Is it possible people have traded their crypto currencies for World Cup ? on: June 27, 2018, 04:09:37 PM
Thats good thing I got the responses from different people here. I wanted to know about this since the crash started and we entered the FIFA.

It does look like FIFA has got nothing to do with the current crash at all. I always thought that FIFA betting is what responsible for the current drop because people got attracted to it and they withdrew their money from the crypto space itself.


As the title says I am sure everyone might have already gotten my question here.

World Cup is on going and people are always having fever of football when it comes to the World Cup. The biggest game of all time and millions of fans around the world.

In such period betting comes very handy and people are always looking forward to earn huge bucks from it. No matter what I believe that those who were already in the Crypto Currency they might have exchanged their funds into the fiat currency.

For time being they might not be focusing and thats why market has got crashed?
Among into those million fans you had mentioned, how many are aware into crpytocurrency? I doubt only a small percentage only which i dont even consider this to be a factor or included on the reason why the market crashed. World Cup is indeed a big event but i dont see that it would be considered as a problem or factors which do affect the entire crpyto community. Gambling industry is there to crypto people but amounts being risk or putted arent really too big.


This quote here makes complete sense. The possibility that out of those millions people, most of them being crypto based is very less. So the net effect is almost zero and there is no sense at all with FIFA and crypto crash. Finally!
171  Alternate cryptocurrencies / Altcoin Discussion / Re: Facebook reverse crypto advertisement ban on: June 27, 2018, 01:36:02 PM
Facebook announced today that they will reverse crypto ads ban. Surprisingly, the market is still falling. Seems very irrational. Any thougths?

Because market was never fallen because of the Facebook news. Thats the easy logic behind it. If Facebook was the main reason for its fall today then with this news coming on the way, people would have stated to jump right into the crypto and market prices might have started to plunge upwards.
There is no single correlation of the Facebook banning ads and current low market. The reasons are far stronger and straight wards. Three exchanger getting hacked, India banning the crypto withdrawal and hence rush selling of the Indian crypto market, FIFA on the run and much more other things.
172  Economy / Speculation / Re: At least waiting for good and not waiting for nothing! on: June 27, 2018, 11:35:23 AM
Price is not an indicator of a coin/token's success. Bitcoin could be as low as $100 and still succeed by being well adopted(though adoption would most likely increase the price). At least now we have significantly less price-related memes on communities like Reddit.

Don't get me wrong though, I definitely want a price increase(who doesn't?).

Yeah some of the true facts about it! Even a token with tiny value per unit can be dramatic success of all time if its development course is on the right track. Why not, if the team is following their roadmap and making progress in right direction then surely crypto lovers will invest into it and it will automatically receive higher values in no time. So if we wait in the crypto then we are actually giving quality time for the projects to bloom. Whether it is bitcoin and/or altcoin doesnt matter, in the time both will pop up as good investment.
173  Economy / Economics / Re: Long term argument for bitcoin on: June 27, 2018, 10:39:44 AM
Many times altcoin project can go scam and while bitcoin is the first ever currency made by the blockchain creator itself then we are sure that it is not going anywhere. Plus he himself is holding more than 6% of the bitcoin so we know very well how much important bitcoin is to him and to us. Thats why it provides more assurance that long term holding of bitcoin will always benefit us no matter what. Altcoin for example, liteocin is created over the blockchain by new start ups who has goal in front of them. But they are not bound here by any means and they can literally screw us at anytime so thats more riskier.
174  Alternate cryptocurrencies / Speculation (Altcoins) / Re: WIll ETH pass BTC in 2019 ? on: June 27, 2018, 10:11:45 AM
Any altcoin has a chance to replace bitcoin! The key is the technology inside the altcoin and the interest of the community, developers and investors!

Which will never get over head and will never attract people and thats why bitcoin will be at the top always.  Wink If you study this topic broadly then you will understand that why bitcoin is always tycoon here. The coin is not just getting invested because it has some great features (everyone knows it has none) but it is getting invested because of its high profitability ratio and security of investment that it always give us. Nothing charming about it but due to its high popularity it will never walk down the road for any other shitcoin.
175  Alternate cryptocurrencies / Altcoin Discussion / Re: Investment on: June 26, 2018, 11:25:12 AM
Hi, I need help on buying.  I am new to crypto industry and I want to invest right now as market is very low.  Suggest me any 3-4 good Alt coins to invest???

You just gonna come here completely new and asking for the investment portfolio? Strange isn't it.  Smiley
Well you must be having heavy loads of money with you. Thats what giving you that much courage. Lolz.
I think you should on safer side get started with coins like ETH, BTC, EOS, NEO and ADA. Currently they are in talks with many people and cool investment for future. Wont talk about them much as you should be searching about them by yourself and learn why they are good investment being new here.
176  Economy / Speculation / Re: Bitcoin - future money or big casino on: June 26, 2018, 10:42:29 AM
I dont think that anything is going to change for the bitcoin. Whether its today or tomorrow, bitcoin will be the same all the way long. The crypto currencies are just coming out of no where. The world knows about it but most of them have not tried it at all or are under scary assumption that government might just show up at their door step. (lolz). Well, unless and until it does not become very prompt technology, or whether or not government accepts it in the future or not, will tell us the true story. Whether its going to be future money or some other digital shit.
177  Economy / Economics / Re: Taxes on Crypto Currencies and Mining! on: June 26, 2018, 08:19:49 AM
I don't like this kind of discussion: bitcoin was born to free us from governments and taxes!

I think it is necessary to work in this spirit and find a way to escape the state robbers.

Unfortunately people are scared, and do not have the courage to go to a different society, free from ties and corrupt politicians.
But I think that the bitcoin - used correctly - is really the key to a new world: if we really can take away from the states the monetary power, what else will remain to them?

Its bitterly true but we cant escape these state robber without giving them any robbery at all. Do your really think there is way to hide all the assets from the government. The crypto currencies might be pseudo anonymous but that doesn't mean we can hide our assets and save our taxes. If we are doing mining then we are using heavy electricity for it and thus paying the bills for it. Government will always ask for what we are using such heavy electricity and thus we have to tel the truth, pay the taxes for what we earn from it. You see, its unimaginable to escape.
178  Bitcoin / Bitcoin Discussion / Re: Better you can do in times of market crash on: June 26, 2018, 07:36:37 AM
Yeah to be honest if you believe this market then just open a bottle of beer with your family and sit tight in a chair and relax!
Seen this kind of crash many time and used to be nervous when I first started with the crypto. I think that was useless to fear of the market and I also broadcast the message to everyone that thats just waste of time. If you are earning the coins by some means then just keep earning and sorting them at some place secure. Let the time to magic, the crypto always comes back to normal state and also sometime it hikes more than the previous value giving you huge profits. So stay relax, drink beer!  Cheesy
179  Alternate cryptocurrencies / Altcoin Discussion / Re: Best coin to buy a cup of Coffee? on: June 26, 2018, 06:16:40 AM
So what's the best coin to buy a cup of Coffee with? Transaction cost must not be expensive and the transaction must complete before the Coffee gets cold...  Cool

I am thinking about the IOS token. Its faster than many coins and already have transaction number per second enough to survive the heavy load over the network which they already have scaled up for.

It takes only 30 confirmations for transaction getting confirmed over the network so I am sure its worth paying for the coffee cup! Also 30 might look like bigger one but the confirmation can happen in very short period of time as I stated above.
180  Economy / Trading Discussion / Re: My new trading strategy, what's yours? on: June 25, 2018, 02:24:42 PM
Thats a nice strategy I guess. I mean this is true that when ICO's get listed over the exchanger then they are immediately dumped by the bounty hunters, initial investors and thus the prices are dropped to bottom of no where and leading to discounted prices itself. I think having this strategy can gain us profit in the first sell off, then after when we buy them at such low rates one more time then we actually increase the number of coins in our holdings. Thus, next time whenever the prices start rising the portfolio itself makes us huge profits in short terms. So yeah it really works and must be followed.
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