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2721  Economy / Economics / Re: Bitcoin price is recovering! on: March 21, 2017, 06:33:00 AM
What happened last week is price reactions to internal misunderstanding by the bitcoin insider. The politicians know that the only way to bring bitcoin down is to divide it and then they began to support BU in other to bring bitcoin down. Thank God bitcoin is recovering from that assort. For those who what to buy bitcoin? now is the best time to buy and hold.
2722  Economy / Economics / Re: Would a global disaster increase or decrease the Bitcoin value ? on: March 20, 2017, 03:58:11 PM
Hi ! First message here.

If a global disaster would happen on earth ( And I somehow don't wish it ) Would the value increase or decrease ?

I'm not talking about solar flares or EMP. But more like big wars or great natural disaster.

What are your opinions on the subject ?  Cheesy
Definitely, it will affect bitcoin an other crypto currencies and even money. I don't pray for disaster like war as many human life will go but we are talks about it infect on bitcoin. Somehow bitcoin prices may increase as many people may like keep their asset in bitcoin so they can access it were ever they are.
2723  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Sound Money? on: March 20, 2017, 09:08:06 AM
for me bitcoin is money, because i can use it to buy things and i can do transaction with it, and if somebody ask "is there are any similarity with gold or other precious metal?", i dont think so, but as an investment bitcoin is a good option, but to compare it with gold, I think its two different things
Bitcoin is more than Monet because it is decentralized! Money has a legal backing by the government and it is issued by a centralized monetary body. Bitcoin is generated by the miners and it can be mine by any body who have access to tools needed for mining.
2724  Economy / Trading Discussion / Re: Is Shorting profitable??? on: March 19, 2017, 07:44:32 PM
You can only succeed in shorting trading only if you are a professional trader in margin and leverage trading. Margin trading come with it inherent risk to reward issues. You can have your entire capital wiped out as an amateur trader but the professional and skilful trader knew when to place a trade, where to get his fundamental analysis news from and using technical indicators for entries and exists plan.
2725  Other / Politics & Society / Re: Why do people believe in religion? on: March 18, 2017, 10:09:46 AM
There are many religious people on earth. Even the vast majority of the world believes in monotheistic religions.
And often they do not question belief systems. There are many people who have Christian, Muslim and Jewish beliefs.

Why do they still believe in religion. I can not understand why people believe in religions in the age when we can reach the information so quickly.
my high self make me to believe that something is wrong with religions and religion is The root of deception in the world. People call Christianity religion but I don't think christian is a religion but away of life. Love has proved to be the most potent force on earth but religion abandoned love especially christian which is the teaching of our lord Jesus Christ. They are now pursuit fames, prosperity and miracle.
2726  Economy / Economics / Re: The dream of getting rich with bitcoins on: March 18, 2017, 09:36:50 AM
Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.

How much money did you earn with bitcoins? Or did you lose some?
I make around $50 monthly with my spar times. I do believe you can get rich through it as a trader and miner. The only thing you need to do is to develop your skills and knowledge on how to trade and mining and the sky will be your limits. Run away from ponzi and get rich quick scheme.
2727  Economy / Speculation / Bitcoin deep to $1070 best time to buy. on: March 18, 2017, 09:26:56 AM
The price of bitcoin fell back to $1,070! I think now is the best time to buy bitcoin. Though it may fell further to this $1,050. The people bank of china released the draft of guidelines to bitcoin exchangers and I think that is the reason price is reacting. May the God of bitcoin be with us.
2728  Other / Politics & Society / Re: Brexit bill approved! What does this mean to bitcoin if anything? on: March 18, 2017, 08:40:02 AM
As a trader in other not to confuse yourself only following news that affect bitcoin directly as political news don't move bitcoin price.Brexit bill approver's news is a political news and most times politics don't affect bitcoin. Many people may sell off their pound but I doubt in their will invest it in bitcoin.
2729  Economy / Trading Discussion / Re: Why different exchange markets have different prices on: March 18, 2017, 08:25:36 AM
This is also exist in dollars exchangers and others currencies and this what expert called arbitration. There will ever be different on different exchangers because of volumes, time and place. Many arbitrage traders are taking advantage of it to gug out profit every days.
2730  Bitcoin / Bitcoin Discussion / Re: Bitcoin never replace Fiat Money on: March 18, 2017, 08:16:12 AM
Fiat system is the universally accepted one in all economic development. If the number of digital currency users compared to fiat users is calculated the number of digital currency users would be very low of less than 5%. So replacing is not at all a possible fact.
I don't think that the value of digital currencies user are up to one percent and I don't think bitcoin can completely wipes out fiat in the next 100 years to come same way fiat has not completely wipe out gold. Bitcoin as a crypto currencies has done very well in it few and we should not competitate it.
2731  Bitcoin / Bitcoin Discussion / Re: Bitcoin Exchanges Unveil Emergency Hard Fork Contingency Plan on: March 18, 2017, 08:04:16 AM
The politicians and elites will do everything to split bitcoin network to several units and from the infect reduce it values and undermined people trust and integrity of it network. Just like every human system, bitcoin has its challenge such as high fee, slow for confirmation and vulnerability. If this issue and resolve by the inside then politicians will be put to shame.
2732  Bitcoin / Bitcoin Discussion / Re: Bitcoins Investment: risk or benefit? on: March 18, 2017, 07:54:36 AM
-Benefits is you may use that bitcoin to invest in other Bitcoin services and invest bitcoin is safe,profit good
-Risk is that Bitcoin collapses and if countries and government accept Bitcoin, Bitcoin will have tax, your computer can be hacked
What’s your opinion?
life itself is risk as you don't know what will happen to you in the next minute. Bitcoin investment has an inherent risk and reward just like others monetary instrument's. Because of this inherent reward we hope to have good returned on our investment and because of the risk we fear we might lose our entire capital and this two forces is what drive its price.
2733  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH Is Touching Cloth Of $100 on: March 17, 2017, 08:01:02 AM
ETH will soon be $100. I predicted that here and advised you all to bag some ETH while it was still cheap. I hope you listened because we are fast approaching $100. Again Spoetniktard was wrong and again he tried to fool you. Don't miss out, bag some ETH today.
I see that happening very soon as eth exponential upward price movement since last week is clear for every one to see. The early you buy eth now that the price is around $30 the better for you as a trading and investors. Eth may be the crypto currencies of the future. Bitcoin started like this and is now trading above $1000! Expect eth to pump to $100 very soon.
2734  Economy / Service Discussion / Re: Barclays and Bitcoin on: March 17, 2017, 07:40:58 AM
Hi all,

I live in South Africa and have a Barclays account that I would like to transfer money from my Barclays account into my Bitcoin account.

  • Is there a wallet in the UK that can connect to Barclays?
  • Failing that, is there a trustworthy person here (that others here can vouch for) that I can buy Bitcoin from if I pay the money into their Barclays/Paypal account?

Many thanks
I will advised you to use localbitcoin to transfer your fund to your bitcoin wallet as there ar escrow for insurance for your fund. I read online yesterday how scammers are using bitcoin to scammed people of they had earned money so you have to be very careful in this game.
2735  Other / Politics & Society / Re: President Trumps Budget: Lets make the military great again on: March 17, 2017, 07:14:40 AM
Misplacement of priority! How on earth do we get here. The world is moving closer to the end if not how do we forget humans development, health care, fighting poverty and water and foods security to defence. Not only American the whole world today are in fear of seed formal sow by our forefather. I so much believe that the end is here and is here for the good of God children.
2736  Bitcoin / Bitcoin Discussion / Re: Apart from network effect, what does bitcoin have going for it right now? on: March 17, 2017, 05:29:33 AM
The community is close to civil war,  you can't implement even the slightest changes without months of debate,  bitcoin is extremely slow,  with ever increasing transaction costs.

I was debating with my Dad about it and he said it's now an investment vehicle only.   But the ETF has just been denied.  I think bitcoin now has a lost identity and other coins are going to be right up your asses within a year or two.

So I ask the serious question :   Apart from network effect, what does bitcoin have going for it right now?
with the way people panic during the last ETF approval or disapproval news on 10-3-2017 I think seeing bitcoin from the investment side is what it has going for it now. Many people are complaining about fee and network slowness, this make them  not to use bitcoin as online transfer and the slowness of the network affect their business negatively.
2737  Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC? on: March 17, 2017, 05:16:48 AM
So where should we invest bitcoin to actually earn some profit and increase the amount of bitcoin we own, is there any legit place?
I mean cloud mining is a scam but there must be something else we can actually do right?
The most legitimate investment in bitcoin is trading. You can easily increase the value of your bitcoin if you have skills and knowledge on how to trade. Trading is also a very risky venture as you can lose all your risk capital and that is why many people are avoiding it. Poloxien and yobit are some of the best trading platform to begin with. Goodluck.
2738  Bitcoin / Bitcoin Discussion / Re: if they can...why can't Bitcoin? on: March 17, 2017, 05:06:34 AM
I do not know about any crypto currencies developed for the purpose of purchasing coffee but do know that many local are using bitcoin for both big and small transactions. Mean while if bitcoin is for the big transactions then there will be no competition in crypto currencies market. As some will only focus on bitcoin for their large purchase and the altcoins for their small purchase.
2739  Other / Politics & Society / Re: How to survive in dictatorship? on: March 16, 2017, 06:59:32 PM
To survive during dictatorship you have to be extra careful and prayerful as most dictators hate criticism during their rule. To survive you most control your mind and mouth, you most not join protest against the government and if possible just live the country for the time be. You should be prayerful because the scripture said " the hearts of kings are in the hand of the lord".
2740  Economy / Exchanges / Re: Evidence of Major Market Manipulation on Kraken Exchange Following ETF Announcem on: March 16, 2017, 06:52:00 PM
Because bitcoin is still at it infancy level price manipulation is still allowed by traders but when exchangers began to manipulate price then it call for coition. If the reports of manipulation continued it will affect the bitcoin integrity negatively.exchangers are the last hope of common man as far as bitcoin is concerned.
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