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1681  Economy / Economics / Re: The Real Reason for Bitcoin's Rise on: October 27, 2017, 03:57:21 PM
The real reason is because Bitcoin is a measure of the global debt the exists on a global scale. Since BTC is on it's way to replacing FIAT as the universal ledger, it has a long way to go in terms of price.
I think the real reason behiend bitcoin being so popular and behiend its rise is because bitcoin has brought a new idea to the world it was a new type of currency that was controlled by the people and that is decentreliezed which means that it could be used anywhere in the world, poeple saw potential in this currency and that is why they believed in it and invested their money in it, and with every time a there is a fork the hype brings more and more people.
1682  Economy / Economics / Re: If the powerful governments wanted to, do you think they could stop Bitcoin? on: October 27, 2017, 12:47:36 PM
Imo they can't stop bitcoin and most of all they can't kill it. For example, let's compare btc to drugs(just exampe), no matter how powerful a country is, still they cant stop drug trade and so is btc which isn't illegal. They could just slow us down in achieving a higher price if they will try do it.
They cant really stop bitcoin completely.I agree on the thing you do say they might able to slow down the progress or adoption but not completely to stop it no matter how powerful they are.Accepting the fact that not all countries would really have the same view into bitcoin.They might see negative things on most of them but there are countries would really able to see the usage of it and wouldnt tend to ban it but rather legalize it.If you would able to see on the things that they are doing now even on China.They fail to do such thing.
IT might be true that they cannot stop the bitcoin completely, but if some of the major ones do take some serious actions that would ahve a great impact on it, say for exemple china if thye ban it than the price will fall down since they have a great cut of the total of bitcoin users, and investors and major companies will stop investing in bitcoin because they don't want to risk their bussines, another way that they could stop it is by taxing it, it may not have a major impact but it would defently cause the prices to go down a lot.
1683  Economy / Trading Discussion / Re: What is the risk of holding Bitcoin? on: October 27, 2017, 12:18:29 PM
The biggest risk in holding bitcoin is that you can lose because of the rapidly changing bitcoine price. It could be the greatest possibility that you are buying bitcoins much more than selling bitcoins. This is a risk when trading, you are betting to invest the money you have. My message is that you should be patient and look at your opportunities. Make a decision with a lot of considerations but do not wait too long because you can lose good momentum.
Despite bitcoin being so succesful in the past few years, and the hype behiend it since it is considered a new thing poeple don't know the risks behiend it, probably the biggest risk in my opinion is regulation of the bitcoin, right now there are no writen laws that regulate or make bitcoin illeagal, but if at a certain time when poeple strat using it so much and goverments decide to regulated than it could have a major effect on its price, for exemple if china decide to limite or ban exchanging or holding bitcoin than the prices to crash and that is due to the fact that they hold the largest amount of bitcoin in the world.
1684  Economy / Trading Discussion / Re: BTC--->USD day trading possible? on: October 27, 2017, 12:05:32 PM
Bitcoin has a short but impressive price move which makes it the best coin for day trading, but the only thing that maeks it so differnet than regular trading is that you need to keep an eye on the charts and know exactly what to do and have confidance that you won't mess up, unlike the long term trading where you buy a low and sell at the next major peak, which more of a relaxed and easy strategy, so unless you don't have a job and you can sit and keep an eye on the markets and you know what you are doing than day trading might be a bit risky.
1685  Economy / Trading Discussion / Re: How to get started? on: October 27, 2017, 10:40:43 AM
Trading cryptocurrency can be a tricky thing, but also rewarding if you get the hang of it, since the market is still new therefore with every new buble bring more users and investors which pushes the price even more, but what you should do in order to start trading is you need to first a good trading platform and it  should be trustworth like karkan where thye will give you a cahnce to experinece trading without havinf to spend money until you get the hang of things, second you need to know how to be smart and paitent and wait for the right moment to sell, and never keep you moeny on exchange and never risk what you can't afford.
1686  Economy / Trading Discussion / Re: Where to invest bitcoin? on: October 27, 2017, 09:25:44 AM
I have two bitcoins
i need to invest them
I'm looking for where to invest
Any recommendation
I think investment on bitcoin is not a good decision now. Because it is so risky and scam are available. Why you want to invest where you can easily earn huge profit​ from holding. Holding is one kind of investment, i think it.
You hear about a scam or tow and poeple lose thier trust in every kind of investment, it is true that there are a lot of sam sites but one must not invest his money blindly he must study and look for other poeple's review before doing so, so as far as where to invest there are a lot of option either you could invest in peer to peer sites where you give money to people to get their project started and in return you get some intrest, you can try mixing sites where you get dialy interest, but make sure you look up reviews on whatever you are about to invest in and never invest a large maount until you are sure it is legit.
1687  Economy / Trading Discussion / Re: How to choose good coin!? on: October 27, 2017, 08:48:01 AM


buy  buy buy


If you are raising this slogan for bitcoin then obviously I am with you and my complete support is with your slogan. This is very golden opportunity of grabbing bitcoin because by the end of near and even in the mid of next month, bitcoin is going to rise very high in prices making all bitcoiners sitting on top of the world. So if you want to among the happiest person, join bitcoin community.



You think that will be so easy to put your money into bitcoin and just wait and watch it grow? Then yes that’s possible in case of bitcoin.

However op poses a question related to choosing of coin for trading. Well the coin is all about it’s market cap because the more it is the longer it will sustain and the more chances of getting the prices of it hiked. That’s the main thing we should look for and choose the coin. Later part of trading is all about how we work on it.
Chosing a coin to trade depands on how active the coin is and how the price and the market cap changes, you always want to look for the best coins that have potential to rise, these are the ones that have a great dev team and a large user base just like bitcoin, and also you need to now the needs for currency and if there is a growing demand on it or not,and  one more thing you need to be paitient when it comes to cryptocurrency trading you need to wiat for the write moment and keep an eye on the markets to know what to do next.
1688  Economy / Economics / Re: Electronic Money vs. Physical Money on: October 26, 2017, 10:23:55 PM
I think I only rely n physical money it gives me more value than electronic . This means we are considering electronic as an instrument for physical like bitcoin and altcoins. What needs to people give to other people easily and transact faster. Physical are those you work in the entire days which we rely on our salary.
Physical money and elctronic money are tow things that we can not seperate, we need elctronic mone yto buy things online like games, online shopping or other things, and we use physical money because it is what most people in our society uses and since we are a part of it we need to use it, but as the world starting to become more and more digitalized we soon will diviate from using parper money to just use creadit cards and electronic payments.
1689  Economy / Trading Discussion / Re: Day Trading or HODLING on: October 26, 2017, 08:06:54 PM
I haven't really lay my hands on day trading myself but quite a number of people do it regularly but I feel its more pronounced in alt coins where you can easily move from btc to alt coin and vice versa or exchange sites that allows from btc to fiat and vice versa. I personally feel its going to be a stressful enterprise of having to double check your decision every time and several times in a day. It does not worth it at all couple with the fees that could erode the intended profit.

I would prefer to hold for a period of time say 2 weeks which within a lot of ups and down might have been witnessed in other to set an average expectations the moment the expectation is met, I am sell to wait for another day to enter the market and start the process all over again.
I think day trading is nut such an easy job for becoming a day trader you need a lot of experience in day trading. Day trading also need you be a quick decision taker, because in day trading you will take decision in seconds and if you will delay while taking the decision, then it can really create problem for you and can make cause a big lost of your.
Day or Week trading isn't effective much on your trading results. It suit to each person. The right stragedy is a necessary thing in this situation.
Trading is all about timing and paotent and pikcing the right moment to sell depanding on the market and how the price is changing, and the changes don't go over a day, as said above if you chose day trading you may not get that much profit and you might even lose some in the exchange fees, but holing and picking the right mooment when the prices go high will defently get you some serouis profit.
1690  Bitcoin / Bitcoin Discussion / Re: Bitcoin a political coin on: October 26, 2017, 06:49:49 PM
Every era has that one precouis thing that the world fights over, in the early days poeple fought over land, than they fought over gold, and now they are fighting over the control of the bitcoin, even if it is hidden and people not see it the competition is there, when bitcoin was created it was supposed to unite people under one currency and as it strated to grow and increase in price it drove poeple to madness and it strated to lose its purpouse and mining it started to become more of thing that is specified to large companies and poeple with power, and not to mention the bad use of its mechancis and adventages for illeagal stuff, but the vision and the passion that the devs and the user  have for it is what makes it keep going and makes it the best option not only for users  but also for investors.
1691  Bitcoin / Bitcoin Discussion / Re: why some country banned bitcoin? on: October 26, 2017, 05:45:40 PM
why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?

I think because these country that banned bitcoin didn't actually knew that bitcoin could them some good and positive incomes. And also I think they didn't aware of what may this bitcoin effect on the economy of world. And the last reason I see is that because government doesn't have the access to bitcoin because it is decentralized.
Some countries knows that bitcoin is a currency that is getting popular and they have no controll over it not so ever besieds they won't know the user or the person who is doing some transactions, and these things makes it the best target, the best cover for most of the criminal acts, and this is reflected in the black market where people buy and sell drugs, guns, stolne accounts and all sort of illeagal stuff, and all of these are made with bitcoin, and this makes some countries where there are a lot of these actions happening afraid that it may enhance it, which will bring chaos and havoc to thier countries.
1692  Bitcoin / Bitcoin Discussion / Re: Amazon and Bitcoin, is this what we have been waiting for? on: October 26, 2017, 08:24:26 AM
There are a few companies that already have adopted bitcoin as a payment method like steam, windows and many others, and thier investemnt made a huge impact on the developpemnt and the progress of the bitcoin, which boosted the number of users and thus encouraging more investorers to take part in it, and with amazon accepting it not only it will make an impact on its price and developpemnt, but it will make our lives the bitcoin enthousiests more easier, because our problem is that we have bitcoin and can't find a direct way to use it for our daily needs, and with this the problem will be solved.
1693  Economy / Economics / Re: Do you think bitcoin gold value will rise to bitcoin value on: October 25, 2017, 10:25:22 PM
No, it can not be like that. 20000 coins were mined before the fork and we can not accept that. Customers, bitcoin holders are very angry about this and I believe that there is no way bitcoin gold can gain the value of bitcoin. Bitcoin gold is something very trash and was created for a bad purpose. The developing team really want to steal people from the investors
Poepole thought that bitcoin gold will bring some good values to the bitcoin and pushes the prices higher, but instead it was a fail and now the blockchain community is faced with a huge disapointment, btc gold dropped bt 60% from its initial value, which makes it a huge fail, but look ay the bright side at least they are experementing with it and learning from it now rather than later, for the greater good of the users and to make bitcoin more decentrelized.
1694  Bitcoin / Bitcoin Discussion / Re: Should I buy bitcoin now? on: October 25, 2017, 08:39:22 PM
everyone is talking about another hard fork that is coming in mid november and the price is probably excpected to reach 7500$ by the end of it, so right now might be your only chnce to buy some bitcoin and save it since the price have setteled down after bieng on a constant increase for the past 3 months, but what i recommend is not just buying bitcoin, buy a small amouny and try to work with it like trading or investing because just buying and excpecting passive income is not going to make you rich.
1695  Bitcoin / Bitcoin Discussion / Re: What happen if bitcoin build a headquarter bank on: October 25, 2017, 06:55:14 AM
You should keep in mind that bitcoin are created for the purpose of not having any intermediaries managing your assets. Each person's account is self-managed. If the BTC intervenes, it will no longer be the BTC's original goal. In terms of creating ATM cards, I don't think it is necessary at present because there are ATMs for buying / selling directly with Bitcoin.
I agree the whole purpose of using bitcoin is that you are your own bank and to be hold by the people, by making a headquarters or a bitcoin bank defies the soul purpose of bitcoin being decentrelized and having it string in one place is a pretty risky bussines, the bitcoin being spread it out all around the worl is what made it so successful to this very day and I don't believe banking it would make any use of its nature.
1696  Economy / Economics / Re: what will happen to banks? on: October 24, 2017, 08:59:49 PM
I think banks will also participate in the cryptocurrency in the near future, they will also take part on the blockchain.

I am not sure that is waht is going to happen, banks can't use the cryptocurrency because it is an unstable asset wich could cahnge at any moment and thus could make them lose a lot of money, however they may make like wallets which will allow poeple to convert their money into bitcoin but as far as the other things like lonas it is quit unlikly they will do so, and if we say that we want need the banks anymore then that is not true, because the goverment is not using bitcoin and they won't use it because they have no controll over it, and we need the goverment and banks are a part of it, and besides not 100% of people will chose to use bitcoin over the real money that they are used to using it.
1697  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency poses serious risks - Vladimir Putin on: October 24, 2017, 08:03:04 PM
Who cares about what he says, poeple will keep using bitcoin wether he likes it or not, even if they declare the bitcoin illeagal by a writen law they can not apply it and that is due to the fact that they have no controll over it and they can not identify the people using it, because bitcoin is decentrelized and anonymous to use, besides if poeople can't use bitcoin directly in russia they can use it indirectly through vpn or exchange it for another currency.
1698  Alternate cryptocurrencies / Altcoin Discussion / Re: what is the purpose of Bitcoin Gold? on: October 24, 2017, 04:54:21 PM
Baiscally bitcoin has been getting a lot harder to mine and thus making only the poeple who have a mining equipements the only ones who are able to get profit from mining it and thus making bitcoin mining dominated by the big miners which was leading to bitcoin becoming more decentrelized, so the purpouse of bitcoin gold is to make bitcoin easier to mine and allowing poeple to mine it with their GPU's, and this restoring the balance of the mining market, so in conclusin if you are not mining than this will be an opurtunity to start and if you are then you get more profit from it.
1699  Economy / Economics / Re: Should I stop Buying BTC? on: October 23, 2017, 07:40:00 PM
we should start buying bitcoin now for the fork on the 25th Cheesy this will be aa huge investment again and as the pro says bitcoin will reach the 10k miles before the year ends !
buying bitcoin is a great investment also but buying a mining rig can be more profitable or if you'll going to stop buying bitcoin much better to start investing with a small amount you have there's a lot of HYIP but not all of them is legit much better if you look for some reviews about HYIP you're willing to join.
It is really a great investment and for every good investment, it is only time that can tell. Most people are looking at today and how fast they can get a pretty big percentage profit from bitcoin as soon as possible instead of waiting patiently to see what next few years would hold for them.

Once fork comes and go, no one knows if bitcoin will soar or not and the best way is just to buy now and benefit from the fork. Even if it comes down you will never lose as it will go back up, but if the bullish trend starts, you will be losing two ways.
It is without doubt that bitcoin is a great investment and a great way to make passive money, but the thing is right now bitcoin is a whole lot expensive than it used to be i mean its a bout 6000$, and investing that much amount of money is a hard decesion, but the wise thing to do is to buy a small amount and just invest some of that in a way that you can get more like trading, because lets face it just trying to get back the moeny spent from buying the bitcoin is not gona be a fast thing.
1700  Bitcoin / Bitcoin Discussion / Re: In what situation would Bitcoin die? on: October 23, 2017, 06:13:48 PM
bitcoin will die in the event of world war, and in the market nobody uses bitcoin anymore, that's my bitcoin I think will die
Yes I agree with you when the people stop to use bitcoin that can be only reason that bitcoin will die the rest of bitcoin can survive for a long time because bitcoin know how to handle problems I remember when china banned bitcoin and the way bitcoin fight against china so I can’t from get and I’m sure that bitcoin will never die and will survive for ever.
I think the only thing that can kill bitcoin is goverments, not only goverments can ban  thier poeple from using bitcoin which will have a massive effect on the price cuz even if poeple still use it investors and bussnies owners won't be able to which will freez its progress, another thing is goverments could slowly kill bitcoin, and that is by taxing it, taxing bitcon depending on its price will make poeple feel that it is become another controlled thing by the goverment, which is why poeple were using it in the first place, and by doing so the goverment could destroy the bitcoin indirectly and while avoiding all the drama.
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