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1  Economy / Economics / Re: what is the future of Bitcoin ? on: November 16, 2017, 07:42:05 AM
According to different Statistics the Future of this virtual currency is so much brighter than others currency and people will find very easy to deal with every thing through bitcoin. some Reasons are really very fruitful for economical development such as
 1.In future buying bitcoin is more easier than past condition  ad people can complete so many task very easily.
 2.most of company use bitcoin as a local currency that helps to regulate bitcoin like regular currency and more company will interest for using this currency(bitcoin)
 3.international client are more visible if this currency will use globally.
 4.in future if government use the protocol then cyrpto-currency will protected and people feel safe for using this currency.

The future of bitcoin is Bright, many people are now getting into it and governments are starting to recognize tge cryptosystem. There is no denying that this cause to make bitcoin's demand really increase. Currentlu, there were still few people who are engage with bitcoin, and if majority come to own it surely bitcoin will have a Better future. Knowing that bitcoin has bright future its makes us think amd see bitcoin as an asset. Im decided not to spend it and just wait for its value to reach its highest peak.
2  Local / Altcoins (Pilipinas) / Re: malalagpasan ba ng bitcoin cash ang bitcoin?? on: November 16, 2017, 02:59:24 AM
marami kasi nagsasabi na babagsak na daw ang bitcoin at malalagpasan na daw ito ng bitcoin cash? sa tingin mu malalagpasan nga kaya ng bitcoin cash ang bitcoin na hari ng cryptocurrency???
Rumors lang iyon para mag panic ang mga tao at ilipat ang mga bitcoin nila sa ibang platform. Hindi talaga babagsak ang bitcoin sa halip mas lalo pa itong aangat. Medyo nagdrop lang yung price nya pero nareregain na nya yung peak price nya. Hindi mapapantayan ng Bitcoin cash ang bitcoin. Siguro kapag tumigil na ang mga investors sa pagsupport dito. Kaso mas tumataaas pa ang demand ng bitcoin, kaya malabong mangyari.
3  Local / Pilipinas / Re: Sino at paano ba nakokontrol ang presyo ng bitcoin? on: November 15, 2017, 01:50:26 AM
Nkakapag taka lang..halos oras oras nagbabago ang presyo ng palitan ng bitcoin at kahit mga altcoins.sino nga ba / sino sino, paano,ano ano nga ba ang ang mga basis ng pagbabago ng value ng coins(cryptocurrency) any info about this matter..thank you so much
Ang totoo wala talagang may full control sa bitcoin, itoy nakabase sa suplay at demand lamang. Nakakatulong din ang popularity at recognition ng gobyerno sa pagtaas ng value. Minsan may mga nagtatangka na manipulahin ang presyo nito kaya may mga sudden dumping at pumping sa presyo. Kahit makakapangyarihang bansa di kaya ikontrol ang bitcoin. Pwedeng iregulate pero di kayang kontrolin ang value.
4  Local / Pilipinas / Re: Gaano na katrend dito sa pinas ang bitcoin? on: November 13, 2017, 11:33:22 PM
Di pa masyadong sikat dito sa atin pero siguro nasa 15% palang ng populasyon natin gumagamit ng btc. ang alam ko nabalita na to dati search mo nalang sa youtube nakalimutan ko na kasi kung saan binalita

Sa Failon ngayon sya pinalabas nung nakaraan lang. Kaya lang, di maganda ang pagkakaintroduce kasi yung news is about sa connection ng bitcion sa Scam. Hindi nakakaencourage na magkaroon ng bitcoin yung balita, parang ang dating pa ei hindi mapapagkatiwalaan ang bitcoin. Pero pagkatapos nung balita na yun, ilang linggo lang nagkaroon ng recognition ang bitcoin sa central bank. Kaya medyo na gain ng popularity ang bitcoin.
5  Bitcoin / Bitcoin Discussion / Re: Bitcoin crash < 1000$ on: November 13, 2017, 09:06:42 AM
It's only a temporary situation, after the fork the price of bitcoin back to grow up and the price of BCH go down
We only need to wait, bitcoin core it's the only one, don't lost trust on it and hold bitcoin

Bitcoin would not instantly dump, it might show sudden change but its a normal thing about bitcoin, its volatile. It changes from time to time but definitely going to rise in value. Bitcoin cash would never be a threat for bitcoin, its just a bubble making people panic and attempt to make people switch with it. Suddenly, bitcoin is so established that no one could ever manipulate its value.
6  Economy / Economics / Re: WTF? $20.000.000.000 seem to have been poured into BCH in a couple of days on: November 13, 2017, 05:11:20 AM
I get up and see this:



BCH has gone from around $10 billion market cap to $30 billion market cap in a couple of days. Who the hell has some spare $20 billion to pour into BCH? Buffet’s net worth is around $77 billion.

I don’t think this can only be explained to Roger Ver and Jihan Wu going all in on BCH. They must have persuaded institutional investors to get into BCH. Apart from scared people exchanging BTC for BCH.

I will HODL but this is serious.

Yes I also notice that BCH market cap is increasing within a couple of days leading ETH for first time because of some exchanging their BTC for BCH which is giving a pump to total investment of BCH  but this is for a few time only as first bitcoin price gonna decrease but as soon as this scene go end BTC price will be stable and BCH will crash so just HODL it

It was believed that the sudden change in price is manipulated. Probably, they have plan to make changes so that bitcoin value would be also show sudden change. It was made to make people panic and tranfer to bitcoin cash. Bitcoin cash is just a bubble, we could expect its sudden fall in the next few days and then regain bitcoin value. This are just rumors, bitcoin would remain on top. BCH could exceed etherium but not bitcoin.
7  Economy / Economics / Re: Amazon and Bitcoin on: November 12, 2017, 06:12:38 PM
Just rumors with no official announcement. A rumor stays a rumor unless it is confirmed. And the rumor comes from the fact that Amazon bought a few domain names related to Bitcoin/cryptocurrencies, nothing more.

Have you ever think that Amazon may have registered those domains just as a protection against cybersquatting or similar? And it makes sense.

Yes, there is no official announcement yet from the amazon, but the good thing is once rumors keep on spreading it might trigger the amazon to really get into it. I think news are spreading to test wether there will be big demand and if majority would support once it happen. Just look at the bright side of the news, probably they are really working with it. It would be a good thing to bitcoin once amazon got started, the demand will continue to rise and probably the price also will pump.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Should we transfer to Bitcoin Cash now? on: November 12, 2017, 09:40:57 AM
I want to know your thoughts about Bitcoin and Bitcoin Cash. Is Bitcoin Cash really going
to take over the No. 1 spot?

Its too early to make rumors of making people panic and transfer to bitcoin cash. We have seen bitcoin cash grow but its also undenying that bitcoin have also shown big growth in the past weeks. Its not reasonable to transfer in bitcoin cash just seeing it pumping. Bitcoin would be still the best platform to hold investment.

But if you really find bitcoin cash growing and has a promising future, its wise to keep your investment with bitcoin and then add investment to bitcoin cash.

I agree with this, its not enough reason to transfer in Bitcoin cash. Both coin are showing tremendous growth and making noise in the news. Bitcoin is not into dumping it actually gaining more demand and popularity which assures its future. I would choose to invest also with Bitcoin Cash but would not transfer coin from bitcoin. I still have my trust with bitcoin.
9  Economy / Economics / Re: Future of Bitcoin Economics on: November 11, 2017, 12:52:16 AM
Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

There will always be two event to happen, it might fail and succeed. I agree that its all up to the support of people. Based on its current situation, we can say that bitcoin is running in the right track of success. Its getting more and more recognition and gaining popularity all over the world. I would not be surprise if its going to be a universal currency in the future. The demand is continuously increasing and the bitcoin's value is ever growing. On the contrary, once people stop from using it, bitcoin may possibly dump and there will be an attempt to have new technology crypto.
10  Economy / Trading Discussion / Re: What causes sudden upward/downward price spikes? on: November 10, 2017, 03:45:26 AM
Hi,

I am relatively new to Bitcoin trading and there is something I would like to ask the opinion of experienced traders about.

I keep watching a few exchanges during the day and sometimes I notice a sudden upward or downward price spike. For example, let's say the BTC price is fluctuating mildly around 7340 in the range of 7330 - 7350, and all of a sudden, the price instantly jumps up to 7480, and then drops back to 7340 range pretty quickly. Same with downward spikes, for example the price instantly jumps down to 7210 and then goes back up quickly. This does not happen frequently but it grabbed my attention.

Any ideas what might be causing this behavior? A huge buy/sell order? Some manual manipulation on the exchange side?

Thanks.

Sudden changes in price is mainly cause by whales and big investors. They have big impact on the demand of coin. There is actually no one who haa full control over the proce of bitcoin even powerful government. Its mainly dependent on the people who supported it. Its basically what the law of demand and supply, and this also applies to crypto. That is why publicity and mrketing ia important to catch more big investors.
11  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a mode of payment on: November 09, 2017, 06:46:28 AM
Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.

Even before bitcoin ia being acknowledged in our country, it has been use as a form of payment for goods and services. Me as an investor, I sometimes got tempted to spend my stored coins. Tempting offers like rebated prepaid loads for electricity, internet and telcom. The also ease the way of paying public and private institutions. Next in line is bitcoin as a form of payment for online shopping. This time, its really need to keep in mind that its wiser to hold than to spend
12  Economy / Economics / Re: Bitcoin vs Ethereum after 5 years? on: November 09, 2017, 06:18:39 AM
For me the answer is obvious. Bitcoin is a more reliable value. This is happening even now. In the long run it will be even more pronounced. The mechanism of inflation underlying the Ethereum will never allow him to become promising in the long term. He's probably already reached my limit.

Its true, that bitcoin is more promising than etherium. But etherium has also something to say and has good future in crypto system. I think its better if you'll be investing in both coins. Diversifying will help you not missed the profit coin has to offer and also to decrease the possibility of losing money.  We never know what coin may bring, it may suddenly pump in value which will give you better profit. So better invest in both coins.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO is new way to get Free money? on: November 08, 2017, 05:41:31 PM
I do not know why! I only think that Ico project is a more modern Ponzi method right now.  Huh
How about you, YES OR NOR ?   Huh

This is a sad truth, majority of the ICOs are made to steal money from people. Just have a creative idea and make it look like a.promising project and you'll find them having investors. Even without releasing money, they can make through manupulating.

On the other hand, there are still ICO that really are true and acceptable. They really make good project and offers promising future. The sad truth is that its likely 10% only is legit from all ICO offered. So be wise and learn more about the project before releasing money.
14  Economy / Economics / Re: Bitcoin Price Moving Towards $7500, Market needs a crash on: November 08, 2017, 10:52:29 AM
Bitcoin price in India is hitting all records and now the price is moving towards the level of Rs. 500000 and its the signal of price correction. I think the next few days are crucial and we should be ready for a crash.

In the bull run, the market captures positive news and ignores small negative news. When people starts selling to make profits, the prices goes down and every negative news are highlighted which can lead a crash.

Market Needs Crash

Media is making things complicated, they make people panic and think of crashing. I dont see bad thing once bitcoin's goes down. Its actually a good thing because we could buy greater volume of bitcoin. Its normal for bitcoin to change its value from time to time, this is its basic nature; volatility. Better not to be affected by media, bitcoin will continue to rise and pump in value but there will also normal times of droping.
15  Bitcoin / Bitcoin Discussion / Re: Do you support Bitcoin Forks? Why??? on: November 08, 2017, 06:40:26 AM
I do not believe that the future forks of Bitcoin can generate any currency of value. They are just a tool to further strengthen the price of Bitcoin. However it ends up disrupting the market.

Fork has actually good benefit, it helps to make bitcoin fix bugs and errors. Thus, it stabilizes bitcoin's system. Bitcoin is ever changing and fork is one mean of making things okay. We have encountered forks from the past and expected to see more. What's just good about it is that we see that bitcoin is continually developing and no one can compete over it even the coins that split. Leta just look on the good side fork is offering like free generated coins.
16  Economy / Economics / Re: Where will BTC be 10 years from now? on: November 08, 2017, 05:47:35 AM
10 years ago Forbes magazine was prasing Nokia boss for it´s billion customers.
Now where is Nokia? maybe some 18y/o guy who trades BTC doesn´t even know what Nokia is...
So will BTC be anywhere 10 years from now? or would it have been replaced for something better and more inovative?

Forbes cover:
https://imgur.com/a/A2Bqr

There is always two possible scenarios, one is bright and the other is dark. It all depends on the the people, if people will keep on supporting bitcoin there is no way bitcoin will go dump. And in contrary, once people keep themselves away from Bitcoin, bitcoin will surely be gone. Nokia does not reach success because they become stagnant, the features were not developed and new advanced and developed technology was discovered. The same way will happen if bitcoin will not be developed. Faster transaction and lower transaction fee must be provided before a new technology comes. But Im sure that bitcoin has a bright future, the technology was unique and already established. Lets just hope for a better future for it.
17  Economy / Speculation / Re: Bitcoin pricing on: November 08, 2017, 04:17:28 AM
I believe that this is all because of the big traders who are very active in trading. and this is the impact with prices that change fast. other with the increasingly difficult altcoin untik can crawl up, to a higher selling price. this is very troublesome altcoin traders
Active traders is one of the biggest contributors as why btc price is increasing. And ofcourse the demand is increasing that btc price becomes high. Altcoin price dump when btc price increase, but in contrary altcoin ofcourse will go up. So I think bitcoin will continues to go up.

I agree, its basically what the law of supply and demand was saying. Because there were active trader, the demand is also increasing. More and more people are now engage with bitcoin because of the popularity it is gaining from the mainstream media. Other factor why its demand is increasing is because of the recognition of the government, which makes more people trust and invest with bitcoin. I also heard well known personalities getting involve with bitcoin, tgis gives instant publicity to people to attract more investors.
18  Economy / Economics / Re: Is Bitcoin actually just a Investment coin? on: November 07, 2017, 11:51:14 AM
I think the title says it all.

After a long time of thinking, reading and also investing a bit into Bitcoin I have to say that it looks for me that the main use is actually just pure Investment. It always looks like that everyone just talks about how great the Technology is although they secretly want to get super rich with a always raising price. Of course it's used with several shopping or daily things, but that's just such a small part of it.
During that, people who don't want to take the risk to invest call it a "Bubble" and people who don't want to lose their money just make kind of stupid speculations without any arguments.

In the end (just my opinion) the price of Bitcoin is controlled by all the media (that's hyping bitcoin and talking about it everywhere) and all the really big bitcoin whales with e.g. like 10000+ coins can actually effect the market the most. Imagine what a few people with a huge amount of bitcoins could work out together to control the market and making money.

It's just weird, because it turns this, what everyone calls it, great technology in the end just to a fully commercial object to earn money. Which would be probably also the reason why it stays and raises all the time, because it's normal that everyone wants to make a big amount of money with this little effort.

Let me know what you guys think and please don't give me this non argumented one liner like in all the other threads Wink

Bitcoin is meant to be a form of payment for goods and services, but instead becomes more like an asset because of its ever growing value. There is no denying that buying and holding bitcoin is wiser decision than spending it. Bitcoin value will continue to pump because of the demand and limited supply.
 
Bitcoin will continue to rise, its true that mainstream media is one factor why value pumps. But media has no control over its value. Bitcoin increase because thus is where it is going, once majority of the people got themselve to bitcoin, there is no way bitcoin will dump.
19  Bitcoin / Bitcoin Discussion / Re: What do you think? on: November 07, 2017, 05:19:41 AM
Do you think the richest families or personalities in the world would be interested in using bitcoins??
And if so, would that be a good thing for us small people or negative??
I mean rich people are capabale of so much things, so it makes me wonder..
Bitcoin is gaining popularity and there is no denying that bitcoin is taking the attention of any status life.  The mainstream media is also making noise about the bitcoin demand. Rich people might be involved with crypto also, and Im sure why bitcoin value continues to rise is because of this. Rich people are wise they might not invest in crypto but instead make of their own so they could get bigger profit and has the full control over it. Everyone is benefited every time people engage themselves to bitcoin, I would not be surprise once bitcoin really hit hard because the demand is continuously increasing in both rich and poor people.
20  Economy / Trading Discussion / Re: What is the best coin to buy today? on: November 07, 2017, 03:44:19 AM
What is the best coin to buy today?  So many good coins.. sometimes I have hard time thinking what's the best coin to buy.
Its easy to determine what best coin as of the moment through looking at charts. But I think instead of looking for best coin, it better to look for good coin and diversify your investment. Spreading your investment would lessen the probability of losing money. There were lot of promising coin out there and better not to missed the profit that they might offer.
Consider to have tokens which has low value so you could buy big volume of this coin, be sure that it has big market cap but limited supply. This kind of investment demand long term period to see good profit. O the other hand, don’t miss to invest to the well-known coin such as Bitcoin and etherium which may also be a short term investment.
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