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201  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: December 30, 2016, 09:46:26 PM
Well it's obvious that the number of people who use bitcoin will be increased. Now the network has about 10 million active wallets, which owns approximately 7 million users. It can be estimated that at least 15% of the world's population will use cryptocurrencies in the nearly future.
I think that percentage can be reached in the next decade. But before that, some things need to be solved, among them is the problem of scalability.
So far there is much division of opinion in the community about which are the best solutions to solve this.
202  Economy / Trading Discussion / Re: Are You Disappointed In Trading? on: December 30, 2016, 09:31:22 PM
Beginners in trading are the most ones who are likely to experience disappoinment but only those who have patient in learning how trade will become successful in trading. Failure is a part of the learning process as most traders experienced it in their early years of trading.
That's true, even the best traders have gone through problems. The difference between them to those who fail to succeed, is that they know how to study the causes that led to losses, and so use that information to avoid future losses.
203  Economy / Trading Discussion / Re: How to make a successful Trade? on: December 30, 2016, 07:15:01 PM
Many points are here to make a successful trade, First you should have ability to do trading. I am talking about skills, if you have skills to know everything very quickly than definitely trading is easy for you. In bitcoin wise, always buy bitcoin in a low price, otherwise bitcoin can't give you profit. Secondly in altcoin trading, many other crypto currencies are here, only buy that coin, which you know that in coming time, it give you double price.   
yes skill and experience are the two important factors for becoming a good trader, although your luck also important for your success in trading but experience and skill in trading can increase the chance for becoming a good trader.

Luck is very optional when if comes to trading. As long as you have good skills at trading you will definitely earn profit from it.  Experience will always be your guide in trading. But luck, i don't think it is necessary to have it in trading. I would rather believe in gambling that luck is really needed.
No doubt trading is a business in which you can not depend on luck, especially in the market for cryptocurrencies, where many currencies show a bullish trend in one day, but fall dramatically in the other. It is necessary to have the knowledge to understand such events, and avoid problems in the future.
204  Economy / Economics / Re: Why the big whales are not cashing out? on: December 25, 2016, 09:11:23 PM
May be they also waiting for the big pump would happen to btc or they already sell it bit by bits when the price increasing slowly, we don't know what they already thinking
Yes they may also be waiting for the price of increase, as if they start selling bitcoin it will effect the market a little, just for some time and after that the price will again start increasing, so they are waiting for the price to reach  to some high price and then they start selling their bitcoin gradually.
If there's something I've learned in the few months that I'm in crypto, it's that the whales are in no hurry, and they know Bitcoin's potential very well. In addition to the large holdings, they certainly also have money invested in exchanges, so they do not lose the profit possibilities that exist riding the waves in the market, especially now that we are in moments of high volatility.
205  Economy / Trading Discussion / Re: What's your news strategy? on: December 25, 2016, 09:01:58 PM
Both active and long term traders must listen to news but particularly I am not having any specific strategy to handle any type of news. I like to call myself as a passive trader with respect to bitcoin as I'm not doing anything with my bitcoin saving even I do hear any positive or negative news which are affecting bitcoin prices significantly.
Im not listening to news i joined some of facebook group or random groups that topics are mostly altcoin what hey are buying i always follow the flow i always buying the same coin because sometimes they start puming the coins and we can get instant profit. We are always active when it comes on trading.
This is very important. I think the trader has to be aware of all possible sources, reliable sources, of course. I have realized that it is possible to learn a lot in accessible sources, like reddit, or even here in bitcointalk. I think it is useful to also identify the main available communication channels of the projects in which you invest, and try to follow the development closely.
206  Bitcoin / Bitcoin Discussion / Re: impact of bitcoin on your daily life/business? on: December 25, 2016, 08:55:42 PM
For me bitcoin has gave me so much opportunity in my life , you see a part of being a student i had to work at a part time job so i can afford my studies and earn some living and the job pays me enough for my daily needs like food and transport , but since i have discovered bitcoin my  life has became better and i get some extra income to do anything i like.
i think bitcoin is giving opportunities to all its uses, to me bitcoin has a great impact on my life, it is really giving me a good profit, it is solving most of my financial problems, i consider it as my side business, i am really happy using bitcoin for trading, and will continue for ever.
Bitcoin is probably one of the digital assets that is giving more opportunities for people interested in making money in the internet business. Perhaps one of the reasons is the ease of creating a btc wallet, and of sending and receiving money by using it. In fact there is no bureaucracy or complications.
207  Economy / Gambling discussion / Re: How do you know when to stop? on: December 25, 2016, 08:50:49 PM
I know when is good to stop but knowing this is not enough alone as I can not stop myself. I am sure many people here like me most of the times have good start but can't stop playing and loose everything won. I like adventure and try to make maximum of everything that is what doesn't let me stop somewhere.

You are wrong, when you know when to stop it helps much more than you think. At first don't look gambling as profit source, that's why many people can't stop because they think if they bet more and more, at least they will win but reality is very different from their dreams. So when you know when to stop, this means a lot and solves that problems.
Yeah, that happens not just in gambling, but in different situations. Some people think that resources are limitless, and that they can repeat the gains over and over again, in a short period of time. The big challenge is to recognize the limitations of the game and know how to wait for the right moment when a new opportunity can emerge.
208  Economy / Service Discussion / Re: Is investing in mining still worth it? on: December 25, 2016, 08:43:11 PM
Yes you can make good money but you have to wait some time in order to make good money, For that you need to spend more money on equipment, electricity, fees etc. Once you are fine with all these then you will make some money in long run, but you need to do complete calculation before buying any equipment.
With all these variables in the game, it's easy to realize that it's not a business for amateurs. At first people were mining easily because there was not much competition, but today it is a very specialized business. I think for the average user, it would be worth with solar power, but still the initial cost would be very high.
209  Bitcoin / Bitcoin Discussion / Re: Problems you often face online in Bitcoin world? on: December 25, 2016, 08:37:12 PM
I think the transaction fee is a bit high. When you make transactions of higher amounts, there is not much problem, because the fee is proportionately low, but the fee should be lower for smaller amounts. With the increase in the price of Bitcoin, the value of the transacion fee, in dollar, became even higher.
210  Bitcoin / Bitcoin Discussion / Re: What about the idea of a bitcoin shop in big cities? on: December 25, 2016, 08:24:10 PM
When that happens, it will be a big step for Bitcoin, and it will definitely catch the eye of the media. But I don't think that will happen soon. It is more likely that everything will occur more gradually, and first in small establishments. Then chances are great that something happens on a larger scale.
211  Bitcoin / Bitcoin Discussion / Re: Is this true or a speculation on: December 25, 2016, 08:16:57 PM
Of course where there is money there is greed and there is scam, scamming especially in bitcoin is very easy I myself had a problem with this , a while ago I have tried to invest some of my btc into some cloud mining everything seemed fine the site was legit at first people were joining in and investing as well until one day the owner disappeared with huge amount of money , you probably know the site it was called Hash Ocean.

You are right bitcoin is especialy convenient for different kind of scams because scammers are often very  hard to trace and identify. Cloud mining sites could be especialy dangerous I can't remember any of them that is legit and where people haven't lost their money.
At this point, almost all users familiar to crypto are aware that most cloud mining websites are scams, the problem is that users who are new to crypto don't have that knowledge. It is important that there are solutions to educate these people, so that they do not have bad experiences with Bitcoin, and they also don't transmit negative news out there.
212  Economy / Economics / Re: I have 12 BTC in my Account, How should I invest this?? on: December 25, 2016, 08:12:06 PM
you should hold your bitcoin for the next year and its right time to hold your bitcoin because bitcoin increasing its price too much faster and we know that bitcoin is very much useful qnd  profitable currency than other so hold your bitcoin is very much better than other investment .
I agree. Bitcoin will skyrocket in the next year and many experts have predicted that Bitcoin prices will touch $2000 before May. I am having more than 10 Bitcoin which I bought in early 2016 with the price $390. Well, right now I have already had some profit with Bitcoin Cheesy
Well, this is hard to predict, even for a technology with so much potential like Bitcoin. But in fact several things are planned for the next year, among them there are applications that promise to facilitate the use of Bitcoin, bringing the currency into the mainstream. But for the result to be reflected in the price, these projects must be put into practice.
213  Economy / Gambling discussion / Re: Can gambling be profitable in long term ? on: December 25, 2016, 08:04:23 PM
In a long run it will always depends on how you play and what you are playing.It is so hard to maintain your bankroll even you win already because you will keep on playing and that's risking all of your money but at the same time, Yes it can be profitable too if you know how to play well and if luck hits you good.
In gambling, I think that essential things like knowledge and strategy also make a difference, but perhaps the lessening of risks will not be as significant. Gambling should be viewed more as a form of fun, rather than something to invest for the long term, because this can be costly in the end.
214  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be replaced by another cryptocurrency? on: December 18, 2016, 06:10:56 PM
bitcoin would be never replace by another crypto currency because bitcoin getting too much power and bitcoin adopting is very much high and we know that bitcoin increase its price too much faster than other currency.
It is well known the potential of Bitcoin, but no matter how popular it is, it will not stop other technologies from appearing. But since Bitcoin continues with a good team of developers, there is no reason to worry, because in most cases the altcoins have improvements that can be implemented in Bitcoin. The problem is that it is not very easy to reach consensus on the network for this to happen.
215  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: December 18, 2016, 05:54:31 PM
i am prefer and feel comfort to holdings of btc because i can handle and manage my bitcoin in my wallet, beside that i can use for my own purpose. but if i have much of money, then i will holdings of gold as we know, the gold price is stable and its a good investment for us. so for now, i will choose holdings of btc as i only have btc.
This is a good point, in addition to allow storing value in a more decentralized and secure manner, the costs to store this are smaller, and Bitcoin works not only as a way of storing value, but also as a way to send and receive payments with just a few clicks.
216  Other / Off-topic / Re: Bitcoin is a good investment now, because... on: December 18, 2016, 05:37:32 PM
The way I see it, Bitcoin is a good investment at the moment by different factors. There are economic and political factors, such as those factors related to the increase in demand for Bitcoin in third world countries. There are also technological factors, and these are probably the ones that can have a stronger impact on the price this year, because of improvements that can be implemented on the network that can make a big difference in the benefits users will get by using Bitcoin.
217  Economy / Economics / Re: How stable will bitcoin be? on: December 18, 2016, 05:26:48 PM
you can see the price of bitcoin will be stable, but it only happens for a short while only. then the speed of change in price will again changed very quickly. practically stable prices only temporary

Price keeps changing because of the transactions and the increasing demand in the markets, the more people or companies buying bitcoin increases the more volatile its price would become because as the demand increases it would increase the price as well with itself.
These are some points that some people ignore. The price is a result of supply and demand, and while Bitcoin works in a free market, the price will always vary, as varies the price of the fiat currencies and many other assets. The reason why the price of Bitcoin varies more strongly is related to the fact that the network is still maturing.
218  Bitcoin / Bitcoin Discussion / Re: Effects of Banning Bitcoin ? on: December 18, 2016, 05:21:16 PM
One of the greatest advantages of Bitcoin is the fact that it is censorship-proof, so transactions can not be blocked by central authorities or banks, which is why Bitcoin brings great advantages regarding the use of more conventional payment systems. In addition, it is a form of payment that does not require the user to be a technology expert to use it.
219  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum is the future of crypto, bitcoin is not. on: December 18, 2016, 04:58:52 PM
this sound like you fanboy the ETH coin haha.. i think the alternate cryptocurrency won't can beat popularity bitcoin, yes because bitcoin is a reference value to all alternate cryptocurrency. none can beat the coins Bitcoin!  Grin
I agree with you, such a statement is not very wise. Now not only is Ethereum presenting a number of flaws, it also puts at risk the applications built on top of it. It is possible that a better technology than Bitcoin will appear in the future, but Ethereum is not showing good signs for it.
220  Economy / Economics / Re: If you were in desperate need for money.... on: December 18, 2016, 04:27:46 PM
The best way to earn if you need bitcoins is joining signature campaign you can also try the altcoin there are free giveaways. You will need extra effort and time to earn bitcoins
This is a path that can work for beginners as there are not too many complications. But for more significant gains, it may be better to try to learn about trading and try to invest in the market, because even the risk being higher, there are better chances of getting better results.
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