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8361  Economy / Trading Discussion / Re: When do you think is a good time to start trading ? on: February 07, 2017, 06:08:12 AM
Well , let's say you made about 0.02-0.03 BTC , can you start trading ? is there any limits for trading like minimum and maximum amount ?
where you guys think is a good place to start a trade ? share your trading experiments and recommendation.
I also would like to know at which amount you guys started trading [ personal experiment ].


Edit :

Sorry, i think i posted it in wrong section, if possible mod can you move it to the right section?
Thanks

You go with the place on which traders are many in the exchange sites. In fact, it doesn't matter at all if the exchange are popular or not, most important is you know what you are going to do once you are in the game of platform. But I can suggest you to start in yobit, you can start there at minimum amount of 0.001BTCBTC if I'm not mistaken.

if we have a limitation in the bitcoin, then yobit is the best solution for us to do trading as we can buy many cheap coins and that coins have a chance to get big pump later. and the good time to start trading is when you think that you are ready to do your first time trade and you have the balance in your account.
8362  Economy / Gambling discussion / Re: Most of the money on: February 07, 2017, 06:06:04 AM
I'm not a big better by any means but I've won the most from safe bets on satoshi dice. Last time I tried to play there I couldn't get the site to work though so I'm not sure if it's even still up and running at this point.
Exactly that,not passion as well.I'm not so much connected gambling site like as you but luckily tried several times such of games like dice games,sports betting site.I never get big amount from this.I just like to define it funny and you just expect more than a few pennies to be made from your usual practice not such as good money if you guys are unlucky in this platform.If lucky there chances to be winner!

You are not into gambling well you are lucky enough that you win with small bet and you are not tempted to bet higher and be addicted with gambling. you can able to control your self in playing. Gambling could for fun or for profit if you are lucky enough well im just like you just to have fun and earn small pennies if im lucky enough to win Cheesy

correct and thats only for lucky that will help you to make big win with small bet. playing gambling especially for sports betting is only work if you have good analysis and have the right prediction and you can use the most of your money to make a bet but you should always careful to thinking that you are risking your money to playing gambling.
8363  Economy / Economics / Re: First investments in bitcoins on: February 07, 2017, 06:03:43 AM
Hi everybody, I am quite new in this new market and have a lot of interest in it. After advices from friends, i have put some money in Ethereum by the fact that i like their project which has a global view on the world. Moreover, i have also put some money in Monero.

Now, i am confused to invest in the long run for some bitcoins. Why ? Because prices are already really high but after reading a lot analysis, predictions are quite high.
What do you think about investment in some bitcoins at this high Price ? Thanks guys

if you make investing bitcoin for now, i think you will not regret it but maybe you will if the price is come back in $700 but there is small chance to reach that price but we can not denied that the possibility is always there. i think its good if you want to investing your money in some bitcoin and you can use that bitcoin for many purpose to make your bitcoin grow like doing trading, investing in another programs, for playing gambling maybe.
8364  Bitcoin / Bitcoin Discussion / Re: bitcoin is banned on: February 07, 2017, 06:01:19 AM
Bitcoin is not banned in china or russia. I dont know where you got the news from. But yes its banned in few countries. Like I am living in Bangladesh and its banned here by the government but people are still using it, for its untraceable feature. And thats what people like besides high security. As long as the people keeps using it, it can't be stopped by any government. So there is a strong chance for it to become a global currency in the future.

At least a lot of people are still trying using it with the hidden ways.  Cheesy But I've heard in Bangladesh is strict with his civilian, I mean the Bangladesh wisdom is really sensitive with bitcoin. and even there is some people get jail cause use bitcoin.

yes i agree with you and i am sure that for now, there are more people is using bitcoin because after reach a high price, there are many newspaper in offline and online that make an article that bitcoin is a new investment and its really different with the exist investment that people know and they can have bitcoin with easy.
8365  Other / Off-topic / Re: Ask Satoshi Any Questions ? on: February 07, 2017, 05:59:15 AM
Satoshi Nakamoto is some where around and watching the Bitcoin Community from the shadow.
Ask Satoshi any questions in this thread ? Deffinitely Satoshi will answer all your questions.

_______________________________________________________________________________ ____________________________



i don't want to ask about bitcoin but i want to ask about i want to meet him and ask him to drink coffee with me and talk about the other that not related with bitcoin or other crypto currency? i think he is a busy person that have much of activity in outside and if we talk about bitcoin then maybe he don't want to answer so better i ask another question.
8366  Bitcoin / Legal / Re: Money laundering via BTC on: February 07, 2017, 05:55:14 AM
Is it possible to do money laundering via bitcoin? I mean as no one knows if you have bitcoin and how much bitcoin do you actually own, it could be used to convert black money to white right? Or at least store your black money without much hassle. But there is the risk of its value but I think for people who have lots of black money and don't want to be caught, this risk might be worth taking for them isn't it?
What are your thoughts?

Bitcoin nowadays is not a real money that can be consider, but it is a kind of virtual currency which can can be converted into a real one currency. Though in some other ways bitcoin can be use in money laundering it the depends on the people of how he/she going to use it, because it is an open source that can be use for good and bad purposes.

i think when people want to use bitcoin for money laundering, they can do with safe because no one will know what purpose they have when they are using bitcoin beside that we don't know for what transaction that in the network. the only thing that we know that there is a transaction that have been created in the network.
8367  Economy / Economics / Re: Bitcoin can not replace fiat on: February 07, 2017, 05:52:55 AM
Yes certainly, fiat money is used, bitcoin used no more than 0,005%, I am sure there are many countries that are 100% not using bitcoin. so impossible that bitcoin replacing fiat money.

It is a fact that only few countries are into bitcoins most of them still doesn't know what bitcoin is. And it is an impossible thing that bitcoin will replace fiat because it will always be preferred for the transactions that are happening worldwide and countries will not gamble their government upon trusting and replacing fiat with bitcoin.

To make bitcoin replace fiat it must be teached at schools to the next generation. The old persons are addicted in old behaviors, that means fiat and not crypto currencies. On long term bitcoin can replace fiat but it will take too much time.
Luckly it will happen in decades, but there is the possibility to happen only after a century or so.
I don't think bitcoin will ever replace fiat. The reason is pretty obvious as bitcoin isn't stable at all and the price keeps on increasing when a person purchases it so technically it can be really profitable for a person like the pizza guy who sold a pizza for 10 million or something or a loss like for the guy who bought pizza for 3000 bitcoins. So that's what I was trying to tell because price change it can affect lot's of people.

i don't think that bitcoin will replace fiat in short time because there is much thing that bitcoin and blockchain to do, beside of the price is change too often, maybe if bitcoin price is stable like gold then bitcoin can replace fiat but the sign to get in that moment is always possible as bitcoin having a good future for the economic aspect.
8368  Economy / Trading Discussion / Re: Altcoin Trading and Managing Websites on: February 07, 2017, 05:46:48 AM
I have recently lost access to my Ploniex account for some unknown reason, as when I try to put in my username and password it doesn't work. I am debating just giving up and moving to another site.

What are some sites you would recommend for trading and managing cryptocurrencies besides Poloniex?

Thanks Grin

did you contact poloniex support system? i think your account could be recover as long as you are on level 3 and you already sending the document that they need. i think if you really want to move into another market then i am suggesting you to trying with bittrex because bittrex have high volumes too like poloniex.
8369  Economy / Trading Discussion / Re: How do I grow my btc? on: February 07, 2017, 05:45:09 AM
You can try lending your money on exchanges like Poloniex, OKCoin and so forth. Just keep in mind that you're giving up control over your BTC once you lend it until the duration of the loan has expired.

What I found to be a comfortable way of increasing the amount of my BTC is getting passive income on trading sites. If you get others to sign up using your link, you'll get rewards for every trade they do (mostly, it's a percentage of the trading fees or spread from each trade).
Online lending is total risk and if anyone will want to start that business then he will put himself in a great risk if someone want to start lending business then he do not need to start it online but in his own area he can find a number of people for that business. But if possible for him he have to start something new with that money like if he will start his own business then he can earn much higher amount of money.
it think people have good experience in lending money to other. they know to bound people to return their loan i think they are really making good money giving loan to other people online.
They did the right approach that's why they are profitable. In general lending online has bigger risk that in real world, the risk is big because you cannot verify the identity of the borrowers and you cannot ensure on his paying capacity, if that risk can be bypass, then you enjoy it. Focus on volume of borrowers and limit the amount of loan, that is the way to mitigate risk.

until now, i am prefer with two type to grow bitcoin which is give lending in the market for traders and make investing in gambling sites, although the profit is small, i think it still worth to try. for now, i am lending altcoin in poloniex and i think i got a good result so far and i am continue to do this.
8370  Alternate cryptocurrencies / Speculation (Altcoins) / Re: You have 10 seconds to post an altcoin that you think will go 100% in 3 months on: February 07, 2017, 05:43:26 AM
Let's play a game. Post an altcoin of your choice that you think can give at least 100% gains in the next 3 months. Post the website and bitcoin talk thread and a small description of why you think it will pump.

too many list for altcoin too choose and i think in 3 months, we can see there is many altcoin that will get 100% pump or more. i am thinking about litecoin, dogecoin, btcd, and other cheap coins in under 1000 satoshi. maybe xmr, etc, and xrp could be the next coins to get pump.
8371  Bitcoin / Legal / Re: Taxes on Bitcoin on: February 07, 2017, 05:40:31 AM
Hi Everybody,

When getting Satoshi/Bitcoins from the internet in general, could you please tell me whether you have to pay tax to the country you get them from or do you just pay taxes to your own country?

Thanks for your help.





It depends on where you are staying. Currently, in my country we don't pay
taxes for bitcoins. I only convert bitcoins to my local currency. Our country
has not yet made a move to officially define the legal status of Bitcoin.
So currently, I'm not paying any, but if our government says that we
need to declare or pay taxes, then I will obliged.

i think if government is involving in bitcoin industry then maybe there are any taxes for using bitcoin but i don't think bitcoin user want to pay taxes because bitcoin itself is not controlled by government or the user. so maybe we only pay taxes when we want to make deposit by buying bitcoin and we sending our money into third party and it should have taxes or fee that we should pay.
8372  Economy / Economics / Re: Is bitcoin dead? on: February 07, 2017, 05:38:26 AM
Bitcoin can not now die. It invested a lot of money. Therefore, it will go up in the next few years. I believe in it.
there is a lot of money, millions of dollars are rotating in bitcoin market, it makes bitcoin will not die in a very short time. there will be a phase as price declines slowly. but it will not happen in the near future

The right answers, I'm also sure that bitcoin is going to die, and estimates will not last up to 10 years. The culmination of the bitcoin advantage is 3 years away, so I recommend not to hold bitcoin. When the price of the bitcoin fortunately more than 25% of the time when buy, then I would immediately sell, very at risk if hold bitcoin in a long time.
I respect your opinion but I don't see that happening even in the next 20 years, the future of bitcoin is great and will not be dead as you are expecting. Having that way of thinking, I guess you are not fan of investing online like many other people did. The progress is very impressive, so I guess that will be one of the barometer to consider bitcoin as the future of online currency.

indeed, i am agree with you. bitcoin have bright future as the new economic payment, now people will thinking bitcoin as the new type of the investment and they could invest their money in bitcoin because from time to time bitcoin have changing price and this could help them to earn some money.
8373  Economy / Gambling discussion / Re: Online Gambling vs Real Gambling on: February 07, 2017, 01:59:37 AM
For some, gambling is part of the vacation experience. It comes in the hotel/resort and provides entertainment for the guests.

That's for some and they prefer to gamble in real one rather than online. But there are also some that prefers to gamble online while they were on a vacation, for example if they are vacationing in a country where gambling is prohibited then they don't have choice but to gamble online and that can make them relieve their crave.
since online gambling are flexible i guess everyone love to do it online , as for some people especially an under age player they can't go to a real life casino. but you can do it even you are an animal in online gambling casino. so for me online gambling have more supporter and it's good for bitcoin as it seems that onlince gambling have a big contribution to bitcoin adoption.

It is an advantage for online gambling because there are kids that do know how to gamble already and they wanted to be satisfied by simply gambling. And that's their problem they can't get inside the casino, so they are just visiting the online casino's and gamble the bitcoins that they got or just simply buy bitcoins for gambling.

that is advantage for every people especially for kids so we should take care our kids to stay away from gambling, we should telling them that playing gambling is not good for them and we should watching and stay behind our kids so we can monitor while they are online in the internet.
8374  Economy / Speculation / Re: New record being at 1000+? on: February 06, 2017, 06:38:22 AM
the price is getting up and down too often and its good to see the fluctuation like this and for the traders, they can make decent of profit because if we see the price is fluctuation, there is many chance for us to do trade in a day and we can expecting to make profit. and yes, i think its a new record for us that reach $100 in february 2017.
8375  Economy / Speculation / Re: Breaking: Bitcoin OFFICIALLY touches $1,000 on: February 06, 2017, 06:34:06 AM
Just checked preev.com and price is over 1025 dollars now seems to have more momentum to even go higher! 2017 just might be the year for bitcoin

Lot of expectation are there in the year 2017, many people are expecting that bitcoin is going to reach more than 1500$ in the year 2017. But really bitcoin momentum has come to change the world for better with bitcoin.

we now reach $1000 in earlier of 2017, i am sure that many people will want to see the price increase more than that price. i hope the price will stay stable in this price before its ready to increase more and if the price is really stay like now, the altcoin will get increase and that time is the best time for people to sold their altcoin.
8376  Economy / Trading Discussion / Re: How do I educate myself on bitcoin for investing? on: February 06, 2017, 06:29:11 AM
The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

what type of investment you want to do, you need to specify this before you make invest and if you don't have any info about investment itself, then i think you should search first the info, learn it and read it with careful, after this, you can search the investment programs that will work for you. you can read many information on this forum and i am sure that you can found what you looking for.
8377  Bitcoin / Bitcoin Discussion / Re: Bitcoin saving on: February 06, 2017, 06:26:27 AM
i think i am familiar with the challenge and i think many members have the same experience too like you. i am thinking that for saving our bitcoin will work for every people and not just for the OP. i think its depend on how much the price of bitcoin because the higher price will make us to save in fiat, but if the price is down, then the save option is in bitcoin. but i don't think that i like to save all in by fiat or bitcoin, i'd rather to save in by fiat and bitcoin so if the price is getting down, i have fiat to buy bitcoin, and if the price is up, i can sell the bitcoin too.
8378  Economy / Gambling discussion / Re: Giving up gambling is not easy on: February 06, 2017, 06:17:41 AM
If you try with 100% confidence and you must stick with your decision, then nothing is impossible. You can easily stop gambling. But here we need more dedication and hard work. I agree it's not easy to give up gambling but if you have self-confidence and you can able to control your mind. It will take some time, but one fine day you will stop gambling completely.

Giving up in gambling is not easy, but doable. If it is still said to be a difficult thing to do, it means they can do. There can not be performed if it has been virtually impossible. You can stop if you already intend heart, and you already have a plan other things you can do to fill the time you gamble. And the most important is the discipline, the discipline not to gamble anymore.
Though it's hard but since it has already ruin your life, you have no choice but to give up and accept the reality that whatever your loses you will not be able to get it back. I guess that would be justifiable and acceptable to stop, than still staying and lose more than what we cannot afford.
Its better to Stop now until you have change to stop playing gambling , It can be worst if you still continue playing gambling and still continue to recover the loses that you get.  Try to focus in other things , It can help you stop playing gambling. It is possible to an addict to stop playing gambling.

if we know how to stop then its easy to stop for playing gambling but as we know, its really hard to stop the games while we are enjoy in the games, then maybe we need more longer before we can stop playing gambling. and i don't think that to continue playing gambling and trying to recover the loss is a good idea because its double hard to do this, we don't know how much our chance to get our money's back.
8379  Economy / Service Discussion / Re: Bitcoin debit card in JPY? on: February 06, 2017, 06:13:45 AM
Hi guys, has anyone heard about bitcoin debit card which is denominated in JPY?
If no, is there any reason why noone has introduced card like that?

i am not yet heard about bitcoin debit card in jpy, because the japan government is not yet give approval for using bitcoin in their country so i think there is no business availabe that will accepting bitcoin debit card in jpy. but i am sure that in future, if the government is allow and give their approval for bitcoin, we can see bitcoin debit card is available in many places in japan.
8380  Bitcoin / Mining / Re: Solar Mining on: February 06, 2017, 06:10:43 AM
Hey Guys my name is Dan Cool and im trying to find a way to power a antminer r4 by using a solar panel/wind turbine solution but i cant seem to find any.
Help is much appreciated.
Your idea is much better than to use electricity directly that we purchase with monthly bill .
Actually here the best way to use solar energy for bitcoin mining is to have a solar inverter and solar direct DC to ac plate ( rectifier circuit ) .
About 2 years ago one of my friends used the miner with electricity of solar panel .
He just simply bought the solar inverter and then connected the ac output of the inverter with miner and pc , here I am.not sure that which of thebitcoin miner was using by him ,.but his plan was working .
Unfortunately a problem occur here , you can't use solar inverter in the night because you can generate electricity fro. your backup batter more than 4-5 hours , so mining can be done perfectly in the day light time
.

i think we can use the solar energy in our daily life, i see the example of this and the electricity in daily is always on except the place to save the electricity energy is empty. but for your info, to build our solar electricity need a big cost but after that, we can free of the charge in monthly to not pay the fee by monthly, at least we only need to maintain our solar electricity from any damage.
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