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1861  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is $320 next target for Ethereum this week? on: October 04, 2017, 01:27:21 PM
Ethereum is one of the few stable altcoins on my radar in terms of price and we can not speculate when exactly this price target will come has it seems $300-$310 is its barrier, hope it pumps higher than that when its ready.

ETH seems to be the more stable coin among all the altcoins and the favorite for all as a stability it provides to the portfolio. Only concern is that its price is not moving upwards too much from some months like the btc does which can be little skeptical as to why the price is getting struck or in the range bound at this time.



1862  Economy / Speculation / Re: Will bitcoin get back to it's first time value? on: October 04, 2017, 09:26:59 AM
Bitcoin will never return to the price when first appears. I think, bitcoin would be even more popular even though China blocked it. Bitcoin worldwide, and bigger than China's influence.

This could turn out to be true only if there are more pre-dominant countries who hold good % of the trades starts to legalize or accepts the btc. If other countries does not follow the China and go the Japan way then yes we can have a good future else it would be difficult to see bitcoin going to far in the price.
1863  Bitcoin / Project Development / Re: Should I start own exchange website? on: October 04, 2017, 06:31:38 AM
What's going on here with exchange website. I see there is a lot of thread where people want to open your own exchange. so many offers like - open your own exchange in less than hour...
Is it only profitable bitcoin business? Probably we will have a lot of scammed people in next six months or year.
we need more exchanges!

People feel that bitcoin will be the next future if their country does approve it or already approved it. So they want to build business around btc and one of them is the exchanges where people can directly buy and sell bitcoin and other cypto currencies and get the fees as their commission. Thus many are trying their hand on this business to see if this could be success if done with right intentions.
1864  Other / Off-topic / Re: Young people should go all in on bitcoin on: October 04, 2017, 05:34:54 AM
as in my opinion, in terms of investing in bitcoin. However, I still prefer to invest some of my money rather than enter all.
You can not spend all the time so young or even old people still enjoy life and not just think about investing.
I think that investing some in BTC while enjoying life, It will not cause any regrets at all, and everything I make speculation.
as I mean above. do not store everything in one container. if the container is destroyed. then we will lose everything without the remaining.

true, do not put all eggs in one basket

This is a fundamental rule of any investment done by people. You should always split your money into different baskets so that even if the market is worst you will get the average loss/return and not just in single stock/currency which can hamper your total portfolio.
1865  Economy / Economics / Re: Someone from 2020 contacted me on: October 03, 2017, 05:50:27 PM
OP - Can you contact the guy and ask him his predictions for the year end of 2017 for those coins. This will help us to know that how much predictions are correct and this will help everybody to keep investing in btc if the prices are going to be three times from now.
1866  Local / India / Re: How to earn 2-3 bitcoins in an year in India ?? on: October 03, 2017, 05:46:02 PM
To start with you should be active on this forum so that later as your rank increases when you regularly posts you can join signature campaign.
If you do have some good skills which can help people then open a thread and let them know what service you can provide them and get paid in btc.
Once you have some btc them you can trade btc in the mean time you can gain knowledge about btc, trading etc.
1867  Economy / Speculation / Re: Why Bitcoin Nosedived on: October 03, 2017, 08:40:38 AM
I have no doubt that the bitcoin will rise. A lot of people think that the last time bitcoin was down. I don't understand why they think so. In the beginning of the year bitcoin was worth 1000 dollars. It seems to me that the reason for the panic is human greed.

Considering the beginning of the year and today people have really made a very investment for this year and their profits are huge. Due to china intervention last month their was a break on the price rise and thus slowly now its gathering that momentum. Even I feel now that it will attract more user as the price will touch in some time its all time high and we will have another rally after that.

1868  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why Ethereum around 300 while Bitcoin had recovered to 4400 on: October 03, 2017, 06:52:22 AM
bitcoin going back to 4400 and eth staying around 300 means that they arent directly correlated. wait for metropolis and pos and then there will be tons of people trying to buy eth. patience is the key.

Well general tendency is that Eth do follow the rise along with the btc price rise. But sometimes it does not happen. I do think that there should be a upward movement of ETH unless some big institution are dumping the ETH and buying the btc. Hope so ETH too moves and reach its next target of 500$.
1869  Alternate cryptocurrencies / Altcoin Discussion / Re: Dubai To Create It”s Own Official Cryptocurrency “emCash” on: October 02, 2017, 05:51:56 PM
interesting development. they have a lot of money. it seems  a lot of countries think about of making their own coin

Yes I think this is where the counties in 2018 will start thinking of having their own coin which they can legitimate it and also regulate it. Thus they can also ban all the other currencies once they have make their own coin and which can be used for digital transfer from one person to another.
 
1870  Alternate cryptocurrencies / Altcoin Discussion / Re: Six Interesting facts about ICO on: October 02, 2017, 03:52:35 PM
OP - This was really the good post and came to know some new things about ICO after reading your posts and facts. Never knew couple of things before this. Hope had buyed some of those coin would have made little money quickly.  I hope if anyone has more such depth and facts about anything related to bitcoin, ICO etc will be useful and most welcome.
1871  Economy / Speculation / Re: My opinion why btc falls, others prosper. on: October 02, 2017, 09:10:50 AM
Bitcoin is not falling long term.

Also very few coins prosper and don't collapse in the long term

This is so true especially among altcoins. Just calculate the total number of altcoins created till now and see how much actually exists now which have some decent value and the have demand in the market. It will be handful of coins which will prosper and have future as well. Rest will go down in vain.
1872  Bitcoin / Legal / Re: Is it legal to sell bitcoin for cash ? on: October 02, 2017, 05:58:46 AM
I guess it depends on which intermediary you're using. If it's private, as in person to person, I don't think there is any problem. I mean.. you can basically sell anything for cash?

If within privately you deal in cash then there is no issue only as many of them would be even doing this. But you need to be honest and pay taxes and record this in books of accounts. There are some counties where anything traded above in certain amount in cash will require the valid id proof of the other person just so that its recorded.
1873  Local / India / Re: Suggestions & Opinions for Banks that allow instant IMPS on: October 02, 2017, 04:47:54 AM

Even in that case, if u r doing 25L/day through IMPS, bank may ask for your business details, GST registration etc. Though, I guess, NEFT/RTGS wont attract that much of an attention for this amount.
Does Btc come under gst? I'll do whatever they need!!


Kindly consult your CA before you start dealing in btc with such a huge amount. There is still not much clarity about btc and government my decide to either bring stringent laws or may ban it. So better be cautious as in some time we will hear it soon. Think before you start trading with your 20 lacs approx daily.
1874  Economy / Gambling discussion / Re: What are your favorite gambling games? on: October 01, 2017, 03:24:13 PM
My favorite games in gambling are dice and slot. Because, i don't have to play long in it, so i can make (even small) profits in short time not like any other game.

If you considering any of the skills require in this game then its not at all the case because its the luck that will help you to win among this slot machines games. Also this can be rigged from the casinos side as house may have the edge and losing in such games are more frequent than winning.
1875  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why such a crash in China? on: October 01, 2017, 12:23:58 PM
People are just overreacting to the stuff coming out from China.  No one country controls or owns Bitcoins.  It just takes one node to keep the blockchain moving.  Bitcoins can not die. 
Yeah,and maybe others just took advantage selling in such a situation,and trying to buy back at lower prices.

Such a scenario when one of the big players react to bitcoin certainly there would be tumble in the market. For instance if Japan tomorrow announces something negative about bitcoin , btc will definitely be taking a dip by 5 - 10% around. This is natural and bound to happen and people sometimes do sell and then buy back again at low which is also right thing to do sometimes.
1876  Alternate cryptocurrencies / Altcoin Discussion / Re: Any new airdrop coins? on: October 01, 2017, 09:28:24 AM
What is the benefit of airdrop coins, are those convertible to bitcoin or only if they are listed on any exchanges they do have value? What is the exact purpose of such coins which are airdrop. Does in past anyone who had received such coins and now worth anything ?
1877  Economy / Currency exchange / Re: Where can I buy 50 Bitcoins below market value? on: October 01, 2017, 06:52:13 AM
I do not think people would be ready to sell under the market value to any unknown person, Instead they can easily sell on exchanges or local bitcoin and get the higher price than selling to OP.

Also as you require 50 btc  which is too much I do not know anybody will be willing to sell to one person that much. Hope you get it from somebody at lesser price if possible.
1878  Economy / Gambling discussion / Re: Gambling Excuses on: September 30, 2017, 05:40:03 PM
Gambling with other's money, i did try that feeling one time and it didn't work with me, it's very risk and it gonna make you lose your trust. Don't lose your trust, you will not succeed if you don't have trust.

This generally happens with the addictive to gambling person who would have lost their money and would beg and borrow from other of their friends and family to play and win big. This may happen or may not happen and mostly will lose that money as well and will give excuses of not giving their money back. Its the worst feeling one will have and you will lose that relationship too.
1879  Bitcoin / Legal / Re: Where can i report a crypto crime? on: September 30, 2017, 05:03:45 PM
In our country there have being few cypto crime reports already being done and they being done in the local police station to the area where they belong to. Than after gathering the information the report is being prepared by the police and then the case proceeds further where the police try to catch hold the culprit.
1880  Economy / Speculation / Re: what will you do? on: September 30, 2017, 12:40:26 PM
It will depend upon the reason and situation due to which the btc prices have fallen . If it is due to all developed countries started to ban then sooner or later other counties will join them so point in buying btc in those cases. If it has fallen due to some negative news regarding bitcoin, then will need to check if some countries do support it or not. Because if the market will still exits then yes one will buy a lot when prices do fall in anticipation of good returns in future.
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