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1641  Economy / Economics / Re: Bulgaria Government Shocked To Discover It Owns $3 Billion In Bitcoin on: December 10, 2017, 04:59:36 AM
Quote
213,519 bitcoins
That is a massive amount of bitcoin just for a country imagine if they don't discover that one I think criminals will enjoying and harvest right now. Yes, the question is what do the Bulgarian government do with that seized amount of bitcoins? Bulgarian government would be rich by now and bitcoin price would skyrocketing again.
US Government seized more bitcoin before but they put it into auction. I think Bulgarian government intended not to sell those coin from the start and just decided to keep it. Are they supporting bitcoin in their country?

This is huge and people think that even if they have 1% of it it's enough for them . Here government is holding such a huge number of Btc that if they sell thier reserves will increase with billion $.

May be government will keep continue holding as they also think the price will rise in coming years .
1642  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Which Altcoins you believe can go to the mainstream market in the comming years? on: December 09, 2017, 06:47:23 PM
Only bitcoin. Others have potencial but I dont  see them in the mainstream market

Bitcoin will always remain in this category. Other coin exists and are created due to bitcoin being in the main stream. Also I think couple of coin which should be bought is XRP, Monero, ZCASH which could provide some good returns in the long run and have the bigger potential to grow in coming years.
1643  Bitcoin / Bitcoin Discussion / Re: WooHoo - Bitcoin is taking a dive on: December 09, 2017, 06:36:24 PM
This was bound to happen especially the price rose in last couple of days was just insane. Had it taken a week to reach to this level would have being more stable than now what it is. Fall is for sure and bad part what I feel is that this fall could be more than expected and can break below 10k. So just thinking should we actually continue holding some btc or sell it for now?
1644  Economy / Gambling discussion / Re: Is there any one who won significant amount of satoshi in gambling..?? on: December 09, 2017, 08:10:30 AM
Cant share a strategy with you as Im not a gambler, but I played Ethroll three times, two times I lost the bet and the third time I won with higher risk, this covered my losses and made me even a small profit. As Im not a gambler I didnt resume playing after that, but I might do it again if my mood is up for it.

Consider yourself luck with the high risk you have won it. It is not easy to win in such situation  and also gambling with cypto currency at present would be a huge risk considering the price rise happening. You may be better to gamble with paper money in case you need to do because who knows btc price may be in 20k ranges by the start of 2018 and you may lose some btc if you gamble.
1645  Economy / Speculation / Re: ADVISE ON IF I SHOULD BUY BITCOIN? on: December 09, 2017, 04:36:24 AM
you can invest in bitcoin. but always remember don put you eggs in one basket a lot of altcoins as well that maybe you can buy also.   buy low sell hi your altcoin to have your profit

Things which goes up very quickly annoy stabilised at that pace so fall becomes mandatory in such cases . Bitcoin volatility drives prices such high that when it falls it crashes badly and within a day can easily fall 2 to 3k . So be sure to only invest a small amount so that on dip you can purchase more.

Also spread you portfolio among other coins as well for safety reasons so that you can average it when falls happens.
1646  Bitcoin / Press / Re: [2017-12-07] $40K On The Horizon on: December 09, 2017, 04:22:58 AM
$40k? That is very reachable  but too low for the coming year of 2018. Every big names that is on money-related fields are expecting $50k-$100k so that $40k wouldn't be a problem for bitcoin at all.

One thing which needs to be remembered is that the base is getting bigger so it would not be that easy to double in a year that easily as it has happened in this year . For example from 8k to 16k it went up by 8k . But from 16 to 32 it would be 16k difference which itself would be double of 8k . So yes the rise will happen but will it be this big rise like 2017 seems to be a question .
1647  Economy / Service Discussion / Re: NiceHash Hacked: $62 Million Stolen? on: December 08, 2017, 03:52:45 PM
who knows, just like GOX... maybe another inside job~~~

This is still unconfirmed as such if it's a insider job or is it actually being hacked . It's though very sad beacuse people have lost their hard earned Btc and whose value today is at its high. Just think if it's their own created scam and they do hold the btc themselves and now they are billionaires. Thing should be sorted out quickly and people should get back their Btc.
1648  Economy / Gambling discussion / Re: How can you save money while playing gambling games? on: December 08, 2017, 04:25:06 AM
This is quite tricky as I know when you gamble, you plan to multiply the amount of money you first started with. I guess what you can do in order to save while gambling is that when you win money, you save a portion of it before proceeding to your game. Maybe what you can do is be highly cautious as to sometimes when you’re highly into the game, you tend to bet everything and lose even more in the process. So I think what you can really do is establish how much you wish to save and how much you want to bet before going all out. In this way, you’ll have something at the end of the game. At the end of the day, it’s all about self control. Think of it this way, if you want to save more, then maybe you should gamble less.

What is said is really the fact that if developed you could actually be saving lost of money beacuse yeh impulsive decision of betting on all in one go will stop in such cases . Also one will be have self control and always play with profits and should not lose their own money . This this will give them profits too and also will help to save their own money to greater extent .
1649  Bitcoin / Press / Re: [2017-17-05] Bitcoin Price Will Hit $20,000 Before Tanking: Financial Expert on: December 07, 2017, 04:25:42 PM
This could be possible beacuse at present it is trading at 16k and above . Today itself it has rose close to 2500$ and May even rose more if it continues this way . It will crash beacuse this is just rising without any reason and making new high everyday now . Will need to see where it will reach during year end .
1650  Economy / Economics / Re: Why did you choose bitcoin? on: December 07, 2017, 07:48:06 AM
2 things which I started due to my friends guidance was -

Easy to make payment abroad within limited time and less transaction cost it can reach to the receiver.
It has a huge growth potential in the future and its value can rise a lot in coming years .
1651  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin More Important Than Ethereum ? on: December 07, 2017, 07:00:39 AM
Since the value of bitcoin today is significantly larger than the ethereum, then definitely yes.

Considering the market cap, price, existence it is all in the favor of bitcoin. It is due to bitcoin today we have so many other cypto currencies existing and also btc has given the investors the return which nobody could have thought about. Thus btc is all above the ETH for now. But that does not mean that ETH is not at all important. It should also form the part of your portfolio because its more like a stable and reliable when it comes to the rise and the transaction fees cost is very less.
1652  Economy / Speculation / Re: Deja vu? on: December 06, 2017, 06:53:48 PM
So we are sitting at 12.5K just like we were sitting at $1,242 in nov of 2013, Afterwards we saw a crash to low of $200 in march 2015, Are we expecting a crash down to 2K over a period of next year? just like it happened back then? My fingers are crossed on this one, I hope it doesn't happens but my spidey senses are tingling. Telling something big is coming up.. Either bad or good, only time will tell.. Are you guys sensing something too?

Just price start to moving again and up more than 13,000$ so it’s hard to stay at 12k for long time.


it’s looks like 2000$ again

At present its moving upwards strongly but will it continue is the big question and expected that some correction should be happening soon. But it does seems that it will be a huge crash going way back to 2k. It might certainly drop below 10k at the most but not anywhere in range of 2k .
1653  Bitcoin / Legal / Re: Bitcoin Legality in India on: December 06, 2017, 05:52:42 PM
Legality of cryptocurrencies has been one of the major point of concern in India. It has kept many investors on a side where people think that investing in bitcoin might put them in trouble or they might even lose their money. This is completely a hoax as investors have been involved in this excellent money multiplication process for a quite long time. But with so much use of cryptocurrencies (bitcoin) is India they might soon be made legal in India.

It is not sure because government is trying to regulate this space. And if they feel that its not possible to regulate this and misuse can happen than they will be banning it. So its under discussion and committee have submitted their report and decision should be around the corner now. Lets us see what does government comes with the plan for cypto currencies and its future in India.
1654  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum At The End Of 2017 on: December 06, 2017, 03:15:42 PM
The price of Ethereum will continue to go up. I think at the end of this year it will break the $500 price.

Looking forward for ETH to break free the 500$ barrier which it has being facing form long time. At present it is trading at 482$ and with the positive things in the market the price should break 500$ before Christmas and 2018 should bring some more smiles to all its users who do hold ETH and believe in it.
1655  Economy / Speculation / Re: When bitcoin will drop? on: December 06, 2017, 03:08:04 PM
That crash will never happen unless all bitcoin users withdraw their support for bitcoin or people have decided not to buy bitcoin anymore. As of now the demand for bitcoin is rising. Government will be able to regulate or ban the bitcoin but it will not bring down the price of the bitcoin to a huge drop.

If couple of government bring the ban on the bitcoin the market will crash if those countries are developing countries and do have some good amount of trade happening in btc in those countries. Also at present the price is rising at fast pace so fall can happen anytime unless their is some resistance available at the present levels of 12500$.
1656  Economy / Gambling discussion / Re: Cricket match prediction discussions on: December 06, 2017, 09:41:39 AM
SL has played well under pressure and they will be able to draw this match. They have 5 wickets in hand and need to play another 20 overs around . India would have hoped to win this match the way they played for 3 days. SL came back strongly in 2nd inning and would be satisfied til now the game is going on.
1657  Economy / Gambling discussion / Re: Cricket match prediction discussions on: December 05, 2017, 05:41:41 AM
i really though England not have a chance against Australia in this match but now they have very good chance to bowl Australia out and chase about 300 runs. i think if Australia get 400 runs in front they win because i not see England get that amount of this pitch.

Still, Australia got a better chance to win this match than England team because Australia is leading by 268 runs and they still got six more wickets in this second innings to play. I think easily they may add another 100 runs to this total means England may need to chase down around 370 runs. Unpress pressure I don't think they can score so many runs in last innings. So I feel still Australia going to win this match.

I think it will be easy win for OZ as they are 353 runs ahead already and 1 wicket left. While on the other hand England have not performed well in the batting and thus it would be more pressure on them to win this test match as they cannot play for the draw because 2 more days to go. So either of the side will win and OZ will come back strongly in the bowling and may get them all out in less than 250 unless somebody can make century from England side.
1658  Bitcoin / Press / Re: [2017-12-05] Bitcoin Price Threatens to Spike or Drop at any Minute! on: December 05, 2017, 05:27:45 AM
I think the correction would be on the cards and we could see some fall in the coming days . The reason is that the price rose too early than the anticipation and thus it leaves with 20 more days before the Christmas. So one of the thing could be that bulk sellers can sell now and then buy back at the time near Christmas or may sell at the time near Christmas and enjoy the holidays .
1659  Economy / Gambling discussion / Re: Your Lucky moments during gambling? on: December 04, 2017, 06:15:04 PM
I really can not forget about my first win in gambling. It was 3 years ago, i won a sum of 875 euros, a very special moment when the last bet was finish.

This is really a big win and a obviously it would be your special moment the second those money would have reached your hand. Its is a special feeling whenever you win irrespective how small the amount might be. So in those regards 875 Eur would have made you felt on top of the world.
1660  Economy / Speculation / Re: Will Bitcoin fall again soon? on: December 04, 2017, 01:25:10 PM
We are already way over most predictions at 13k

Clif High predicted 13k before march and then a short dip.

I saving up the cash for that.



The price is quite fluctuation now between 10500 - 11500. From past couple of days it is making 500$ up and down and might be possible that some correction could take place now itself and then till Christmas it can get quite stable. From 2018 we can see the new high reaching 15k as the next big target in the short term of say 6 months.

This year it being the best year for the bitcoin in terms of the price multiplier.

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