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1621  Economy / Trading Discussion / Re: What to do when prices are falling on: December 26, 2017, 11:09:50 AM
I think its better to invest and buy when the prices are falling then wait until the value of the crypto will increase again. and also I stopped checking the value whenever its falling , cause it can cause frustration.

has become a common trend when price declines, we do need cash on schedule, so the wave of panic remains on the schedule that has been prepared by most traders. But if we have assets and especially from altcoin, there will always be reserves that make logic levels less burdensome, so you're right when the price goes down we have to buy, and better have a backup to help with the final decision.
1622  Economy / Trading Discussion / Re: Does Bitcoin have a future? on: December 26, 2017, 11:00:45 AM
Asking if bitcoin has a future? We are already in the future and no one will take bitcoin seriously if it doesn't have any future at all. I have believed in bitcoin because this is going to be the future of financial matters and transactions and look on where bitcoin is right now. There are too many people that are getting crazy about bitcoin and the price increases and it's demand will tell us if it doesn't have any future.

The future of bitcoin can be seen from how much user loyalty, then how strong bitcoin passes through the obstacles and issues that continue to be issued each period, so far bitcoin gets through it and creates a higher level of trust for the buyer. Controversy actually makes bitcoin stronger from year to year.
1623  Economy / Trading Discussion / Re: How to choose good coin!? on: December 26, 2017, 10:51:02 AM
Everyone says trading is easy,you have to pickup a good coin and then invest your money there..Will you guys,please tell me how I know it is a good coin or bad?What certain things I should check about that coin?What types of information helps me to know the coin is good?

In choosing a good coin there are certain factors that we should keep in mind: the first one would be it's credibility, like for how long has it been active in the internet. The next one would be it's volatility, if it's enough for it to be profitable. Next would be it's popularity, like are there many people who purchases it. Lastly, the security that it will not just disappear or be inactive.

If it's too complicated it can be monitored through their community. both in forums and social media they have, good coins will always be supported by many bahgolder and vice versa, we do have to monitor the charts regularly but the power of the project is the most important issue update. and we can monitor the development of coins from community benchmarks.
1624  Economy / Trading Discussion / Re: Better investement right now, bitcoins or Altcoins. on: December 26, 2017, 10:43:02 AM
Both bitcoin and altcoin is good but I think bitcoin is the best because I believed that started with bitcoin. Bitcoin is more common and more easy to deal with. Like me, I just knew altcoin because of bitcoin.
If you are comparing both these two then I will suggest you that bitcoin is the best coin for investment because the rate of bitcoin is high as compare to altcoin and also the users of bitcoin is large in number and still increasing more and more as compare to altcoin so if you want to make enough profit in less time then you should invest in bitcoin.

We must be good at seeing the momentum, the next few days nxt will do hardfork and many people buy the coins, we can not just continue to push profit from bitcoin because altcoin many give higher profit from their qty, bitcoin can increase 100% within 3 month but altcoin can be 3 fold in a very short time.
1625  Economy / Gambling discussion / Re: Is Bitcoin gambling is legal? on: December 22, 2017, 04:25:40 AM
There are many legal casino and they used bitcoin as money to gamble but there are some country are not tolerate gambling because they know what would the effects in the life of every person and it can be harm their economy like here in my country some of the government official wanting to stop the legal casino because gambling has negative effects in the business in many people her in my country they get bankrupt due to addiction in gambling.

Casinos with physical buildings have been legalized because the government also earns a lot of income from applicable taxes, it is widely recognized by developed countries because gambling also serves as entertainment so business complexity will also be greeted with more professional gamblers, for online gambling I'm not too sure but the use kyc on the website can be categorized as legal.
1626  Economy / Gambling discussion / Re: Can maths help you win in gambling ? on: December 22, 2017, 04:17:36 AM
In poker games, math can be used to measure card speculation owned by other players, we can think tactically for the potential probabilities that will appear in every last round of cards. math in speculation is very important and we must understand it well, many people just rely on intuition, it is not an important factor but still potentially better.
1627  Economy / Gambling discussion / Re: BTC getting too expensive to gamble with on: December 22, 2017, 04:03:21 AM
Well, it is. But I guess its still better to gamble bitcoin now before the price increases more. A matter of time is very essential in every investments or for gambling. When the price is high meaning the demand is high also. So the betting or pot money is high as well since many demanded to have bitcoin then most likely they will participate in gambling. More chances to win big also.
Considering the fees now bitcoin gambling is really expensive but if you did deposit earlier this year or last year and you had some funds stored on a casino then you will not feel the expensiveness of sending payment and you'll just enjoy the high rate of bitcoin in portion.

If it's too expensive, then don't always think about 1 btc, think about fractions, if the mind is still too complicated, there are altcoins that can be used for gambling, I think bitcoin is not too expensive to gamble because bitcoin is just a connecting medium. Asset turnover in the game is the most important and the latest btc price will double the revenue.
1628  Economy / Gambling discussion / Re: what impact has gambling make in your life? on: December 22, 2017, 03:40:46 AM
I am not totally fan of gambling, i only do this if i am looking for entertainment, i know that if i will be addicted in gambling my money will be in danger we all know that gambling is not profitable most of the player ended of lossing their money i do not hear people get rich because of gambling, most of the statement i read is their family was affected because of this method.

You seem to choose to focus on other businesses and consider gambling as entertainment, but if you try to focus on earning a short time then please learn a quick analysis in gambling.

gambling is not determined by luck because direct analysis can be seen on the emotional level of the opponent or player's condition. So gambling also has their version of fundamentalism. If you can master it, I think it will change your life more interesting because the source of income becomes varied.
1629  Economy / Gambling discussion / Re: Your Lucky moments during gambling? on: December 22, 2017, 03:31:23 AM
A simple lucky moment is to get back your loss on that day, and in the next day back to normal, I loose it again. Gambling is pretty good when you want to entertain yourself but if you do this for a living then you must get out of it.

Definitely, I agree, gambling is good for entertainment, to pass time and socializing with friends.  It also help in strengthening bonds among peers but it is not good for earning money.  I never had a lucky moments since I have never hit a jackpot. Though I am still waiting for this time and I guess it will really take time.  Never give up but do not get hooked on gambling and I guess I will be fine.

The percentage of moments of luck always appear in every period, the gambler who considers this game as a job always experience it, it is because big use with large calculations, so speculation is stronger and wider. I do not always rely on luck and clearly when it always appears, we can feel the wind come and have to utilize well.
1630  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: December 22, 2017, 03:19:53 AM
All gamblers always assume that gambling is wrong because they feel unfair and loss in every game, I've experienced it, but there is a point where the mind must be completely clean and return to the game without a mission in addition to fixing techniques and emotions that were previously very chaotic. Assumptions will change if we can be more comfortable in a stable start to profit, and negative thoughts will fade over time.
1631  Economy / Economics / Re: Maybe governments can stop bitcoin after all on: December 21, 2017, 12:30:41 AM
Some of them already banned Bitcoin transactions, for example South Korea. So i think most governments still don't know what to do with Btc and somehow they assume it's a threat for themselves.

No, What ? Shocked,Who said and what are you reading ? Bitcoin transactions are under observation and they might bring some regulations regarding taxes system for bitcoin but they are not going to ban bitcoin after all they were so supportive for bitcoin in the past and also people were giving reference of South Korea how they have manged to expand bitcoin in their country. South Korea plays a vital role and they also earn much revenue from this system if introduced taxes and will never ban a stuff which helps them to earn them so much revenue.
The governments which are truly for their regions they will never create any hurdle in the way of its progress and I am bit sure that banks are now on the ending stages and people find bitcoin which is much more reliable than investing into the banks and more of it bitcoin will also wipe out cash because people are now much more attached to the bitcoin because they know very well that this cash will not give them much.
The current monetary system can provide us the ability to use money without internet, we do not depend on internet to connect our wallet, bring paper money instead of credit card, this is the solution and best function of current monetary system while Bitcoin can not provide for us.

will not happen because the government is not able to make a global vote, there will always be countries that appreciate the development of bitcoin because of its potential. so if there are some governments that are voting to reject it will have no effect because there will be an opposing state, the only way is to enact a rule on bitcoin completely and be signed together because bitcoin can not be stopped.
1632  Economy / Economics / Re: Is Bitcoin now the biggest bubble of all time? on: December 21, 2017, 12:22:26 AM
I think Bitcoin is the best investment opportunity of all time, therefore in a sense, yes I do believe Bitcoin is the biggest bubble of all time. Thinking about it in that sense. Although I think we are still in 1994 in crypto compared to the dotcom boom. Why? Because there still isn't a reliable interface to use Bitcoin and it isn't liquid enough. When Windows 95 came out it revlutionized computers being used in personal envornments and we need a Windows 95 of crypto and then the bubble will truly be the biggest bubble of all time.

There's quite a difference between a sound investment and a bubble. Knowing something is a bubble should automatically mean you don't want to be invested in it, because otherwise you're acknowledging that the price is irrational but think that you can profit off it before it pops, which comes without warning. If people could get out of bubbles before they popped, there'd be no such thing as bubbles. The nature of a bubble is the unpredictable nature of the collapse. A sound investment probably doesn't appreciate as quickly as a bubble, but it doesn't crash like it either, and is a stable investment rather than an irrational, unpredictable one.

Already seen potentially damaging bitcoin waves, many see intervention from bch that makes bitcoin unstable, the bubble potential is very strong because bitcoin does not have a strong attachment in the future where something that can not be controlled will be played by some mafia who want to use everything to have bitcoin on a large scale, bitcoin is feared to be controlled by the group and this is still a heated debate.
1633  Economy / Economics / Re: Is it possible for the bitcoin to lose it's value ? on: December 21, 2017, 12:13:44 AM
Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?
Sorry if my post is in the wrong place or it's not relevant.
I won't say that it is not possible since I've seen lot of cryptos that almost lose its market value for about  4 USD down to .05 or something like that. Bitcoin is also a cryptocurrency so it is not impossible for it to happen but surely, it will be difficult since the market value of Bitcoin grew this high and the demand in the market is continuously increasing.

there is a degree of correction where bitcoin prices will not fall to the price of the previous period, there is always a significant price foothold, about the possibility of bitcoin for loss of value are two main aspects that may apply: the stance banning the majority of world governments, or failed hardfork systems. Bitcoin still has the potential to not continue due to several important things.
1634  Economy / Economics / Re: USD vs BTC on: December 21, 2017, 12:04:37 AM
as long as USD is able to continue to be the benchmark of crypto exchange it will not apply the opposite, there needs strong regulation so bitcoin will always follow the movement of fiat. if the world can not afford to regulate it regularly and continue to spread negative issues will have no effect because bitcoin offers potential freedom in various aspects of business, the government must work fast or will be eroded by digital civilization.
1635  Economy / Economics / Re: Still Buying Bitcoin at $10K? on: December 20, 2017, 11:55:42 PM
There so many happenings in cryptoworld specially to the mother of all crypto currency! I couldnt help it but it seems that day by day bitcoin price is very unstable. Most of them are using their money for trading because bitcoin inflates and down grade in just an hour! And because of this many people still brought bitcoin for future investment because most of us are hoping that bitcoin will continue to grow up to more than $20000. Thats why in my own perspective still it is safe and good to buy bitcoin now but ofcourse its better to try to sold it on smaller  price if you had a perpect chance

Short-term fluctuations are not the focal point of bitcoin prices, if you keep them in the long run still get high profits, many people panic because they can not adjust to the current condition and get caught in a panic that is actually just a temporary trend

In my opinion, buying bitcoin at the moment is the best because bitcoin will not drop to its original price every few moments ahead, do not always see from negative problems because bitcoin is not affected frontally.
1636  Economy / Economics / Re: Electronic Money vs. Physical Money on: December 20, 2017, 11:46:20 PM
Hi guys, I just want to know your views and opinion about the difference in Electronic Money (Bitcoin and others) and the Physical Money. Many people now a days are still confuse about the existence of the Bitcoin and how it differ from our Physical Money that we are using to buy necessity. I hope we could share and learn from each other.  Wink Smiley
Digital currency are currencies without physical form unlike regular currencies such as dollars and the likes. Everything is virtual for digital currency and it is the biggest difference between digital and regular currency. Transactions are also with the use of internet for digital currency while personal transactions for regular currency or with the use of socialization.

digital currencies have penetrated into real-world goods and services payments, whereas physical currencies are an obsolete pattern that will be replaced in the future, a fast rate of transactions will make the convenience expand widely.

E-money will not only apply to cryptocurrency just because fiat will also bring the same thing, the biggest goal is the effectiveness and reduction of excessive budget spending, so do not be surprised one day conventional banks will fire many employees who work offline.
1637  Economy / Economics / Re: Why Is Bitcoin's Value So Volatile? on: December 20, 2017, 11:38:30 PM
Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.

Bitcoin is naturally volatile that fluctuations on its market value is jist normal. I am really not sure about the reason but maybe it has to do with the market demand. Market demand and market value of Bitcoin are believed to be proportional so since the demand in the market is not stable, maybe as it changes, same thing happens on its value making it volatile.

Every trade of any market in the world has a general volality, so no need to worry and keep track of price developments, price changes due to continued volume volatility cause the movement to change, here we need accurate analysis or will lose momentum quickly. If there is no volatile then the market will move stagnant and it is a bad ecosystem.
1638  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be replaced by another cryptocurrency? on: December 19, 2017, 11:53:10 PM
all depend on the daily trading volume increase, now the bitcoin is invincible but some markets have started the altcoin exchange can be directly converted with fiat, it will have long-term effects where coins like ethereum are also very ready in the complexity of smart-contracts, we can see the distant competition more stringent in the next 5 years. Bitcoin will get a successful candidate with the use of a more complicated and trusted transaction system.
1639  Bitcoin / Bitcoin Discussion / Re: Saving Bitcoins for your Children. on: December 19, 2017, 11:16:30 PM
At least we as parents have given them a strong understanding of the development and use of bitcoin, one day they will also be actively involved in the existing crypto business, bitcoin will give them an understanding of future assets and commodities, they will get better in every innovation and abandoned various obsolete and limited economic patterns.
1640  Bitcoin / Bitcoin Discussion / Re: What are the most common uses of Bitcoin? on: December 19, 2017, 11:09:00 PM
I think the most common use of bitcoin today is in trading.  Bitcoin is being bought and converted every day  in different coins and tokens. that is why bitcoin price is so high many people invested in it. Bitcoin is now also being used yo purchase. goods or even as payment to services.

the largest volume is also owned by gambling and ICO payments, or even investments included in HYIP, all bound and united to enlarge the use of bitcoin transactions. The payment of goods and services is still dominated by developed countries and also has no significant effect, but I am sure next year the usefulness of bitcoin will be more varied as more and more fintech services will use blockchain.
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