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2801  Economy / Economics / Re: Why people says gold is better? on: March 02, 2018, 02:47:52 PM
Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?
People sometimes have the tendency to trust tangible things instead of something which is virtual. Especially, if they do not have sufficient knowledge in where they are going to put their faith. They might change their minds if they find out that bitcoin is also good as real, and even exceeds the potentiality of gold, in terms of value and usage.
2802  Economy / Trading Discussion / Re: Don't look at btc every five minutes on: March 02, 2018, 07:02:27 AM
This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
When starting an investment on Bitcoin we should always prepare ourselves to possible result or outcome Bitcoin could have in the future. Yet, having a hourly or minutely checking on the price of Bitcoin will just help you to makes you panic at the same time stress on the sudden movement of the price of Bitcoin on the market.
2803  Bitcoin / Bitcoin Discussion / Re: My advice to Bitcoin newbies: relax on: March 01, 2018, 10:36:05 PM
I am quite a newbie here, but that all was true
How hard btc was hit, last time about China banning bitcoin
At then end of the day bitcoin will survive and reachs ATH Grin
Do not feel negative about the changes of price of Bitcoin when it come to investment because it just porcelain Bitcoin volatility that actually help as to earn when we start an investment with Bitcoin. We will just need to trust and to invest to Bitcoin when the price is low and sell it the price rise as we could earn profit and gain a good income on Bitcoin.
2804  Bitcoin / Bitcoin Discussion / Re: Why are you investing in Bitcoin? on: March 01, 2018, 10:12:31 AM
I have invested in bitcoins as i think that bitcoins and it's technology has high potential and as the world is going towards wireless technology, bitcoins would be great way to transfer money throughout the world.Now mostly bitcoins are used as an investment to earn money as bitcoins does had increased alot past year it went from $900 to astounding $19k this growth bitcoins huge.
Most of people invest to bitcoin with the vision of having a future currency to deal with transaction and to have a faster and much more reliable way of transacting. And I think most of people want to deal with the future money where could also invest and earn at the same time. And investing with bitcoin is a good thing to consider because it could experience continues development and progress.
2805  Economy / Economics / Re: There's a new economy growing on this forum - Merit on: February 27, 2018, 11:59:54 PM
In the first place, merit system is not a type of economy and not also a new form of economy here in forum.
Merit system is a protocol made by Theymos in order for the users in this forum to make a quality post. The new system wants to achieve excellence!
Merit is a system where people in the forum give to other users for them to somehow give them credit for post that can help this forum and other users.
2806  Economy / Economics / Re: Are you thinking about the future? on: February 23, 2018, 11:43:52 PM
Have you ever thought about buying bitcoin for your children as a future investment?
yes i think that bitcoin is a very profitable investment and when we can have bitcoin at the moment then we can sell it much higher in the future. the increasing development of bitcoin has made people's confidence better for bitcoin. I also think that bitcoin investment is also beneficial to our child's life, so from now on I've been thinking of being able to store some bitcoin, this is a good step because when the bitcoin price is as expected then our child's life will be fulfilled and can live happily.
We should all need to think about the future becssweu Bitcoin is a part of future where development and progression will surely take place on the future. It is actually a good thing to set or to start an investment with Bitcoin becssweu it could surely help us to earn and to gain profit whenever we need to and to have a better improvement on our transactions.
2807  Bitcoin / Bitcoin Discussion / Re: How will a legalized bitcoin work or look like on: February 23, 2018, 11:28:59 PM
As it stands now a firm grip on how the exchanges operate is more than enough to take care of most of it.

What'll be truly interesting is if and when it becomes a majority closed loop. There'll always be a need to interact with fiat, but if large swathes of the population spend most of their economic lives in crypto I don't really know how any government keeps a hand in with that.
The actual system of Bitcoin in terms of transaction is all for nothing or what we could say enough for mostly the needed work to established a well developed system on transaction that could also provide an opportunity for people to earn and to gain profit out of their given investments. I think it is the most peowerful key Bitcoin could have for it to become a decentralized currency.
2808  Bitcoin / Bitcoin Discussion / Re: We have been called many things, but we are still going strong. on: February 23, 2018, 11:15:11 PM
Very soon they'll all realize their miskates for not believing on bitcoin early.
When bitcoin hit $50k that is when they realized their mistake while it is too late to cry... hahaha Grin
We just need to continue our support to Bitcoin to prove the other people who don't belive and somehow make false acquisition to Bitcoin which somehow destroy it's image to other people. But we all know that Bitcoin is more than what people think. It is the money of the future that we could have for a better and develop future of our life.
2809  Economy / Economics / Re: Is this basically just another way to make money? on: February 23, 2018, 10:31:06 PM
Up until now, blockchain's full potential has not been used. It was just last year when bitcoin and blockchain technology boomed so strong. It may look like it's just for the money for now, but someday (i hope it'll be this year, but it's not) we can see this technology in our day to day living.
If we are going to used the block chain system as a legal system n transaction in a specific country that could supported by a government I think it would help to lessen the corruption but it would not entirely end the corruption becsse there are still ways for people who uses Bitcoin to deal with hoarding of Bitcoin to somehow manipulate it's price in the market.
2810  Economy / Economics / Re: Where can i invest my money? on: February 23, 2018, 04:51:39 PM
A mining farm really require a lot of patience and work , I wouldn't suggest it unless you are passionate about mining and you are not seeking for profit only. With such a large amount , I would do some trading or simply buy and hodl bitcoin for long term. You can also invest in some ICO to x2/x3 your bitcoins but make sure you do your homework before that.
If you think you want to invest on a mining firm or a mining investment the first thing we need to consider is information for us to achieve it in the first place. We should learn the actually mining and the minimum requirements for us to mine Bitcoin using GPU or computer components with the help of the information given on the internet for us to start on.
2811  Economy / Economics / Re: If the world uses a single currency on: February 23, 2018, 03:40:19 PM
I don't think it would stabilized the economy of some third rate country that had slow economical growth especially on Asia and Africa were their primary sources of income are agricultural products. Whose investor wants to pay 1000 usd per employee?
That is actually a good point on determining a big pros on having a single currency in terms of transaction. Not all countries are dependent on the single monetary system where some developing countries also established trading crops and exchanges of goods for their services. It is not also a good thing to established a single currency because most of countries are independently mind set where their goal is to somehow build own base currency.
2812  Economy / Speculation / Re: What is better Trade or Invest? on: February 23, 2018, 02:00:49 PM
Both are good Buddy, cos both have a higher percentage of yielding profits. The contrast there may however be that trading may requires more capital than investment. Better still, your profits depends on much you can put even for the two options.
It really depends on how much capital you can afford to lay in. There are also strategies on both ways, that you should learn. Whatever you choose between trading and investing, sufficient knowledge and desire is required for you to success. Both are really profit generating options, but trading will requires more focus and attention.
2813  Economy / Speculation / Re: Invest in Bitcoin now or wait for another dip? on: February 22, 2018, 11:41:16 PM
If you look at the statistics, bitcoins price drops mostly on the january-february period (but it has small drops during yeat). To my mind you should either wait 1 year, or buy now.
Waiting is not actually a good thing to consider becssweu development in bitcoin is constantly changing and it could manage us to earn if we are going to support it or to invest as early as we can. If you are currently planning to Invest to bitcoin time is a vital part for us to gain or to earn so we should definitely analyze it much more for us to achieve our goals in investing.
2814  Economy / Trading Discussion / Re: Is Bitcoin the best Long-term Hold? on: February 22, 2018, 10:24:55 PM
I think Bitcoin is the one of the only coins we should long term and that is because it is proven and closest to becoming usable in actual society. Sure Litecoin might be kind of close, but because everybody knows about Bitcoin it is right around the corner for implementation. I just saw a video that showed LN is active in California at a coffee shop, the revolution has begun people hang on to your Bitcoins it will probably be in your best interest.
True , Bitcoin is a well established coin that we could trust in regards to investing becssweu it actually have a developed system in terms of transactions and invesent that could give people an opportunity to gain profit by following the principles of law of price and demands or dealing with the changes of Bitcoin price.
2815  Economy / Speculation / Re: Do you trust chart analysts? on: February 20, 2018, 11:46:35 PM
I don’t really trust chart analysis for anything.  It gives you something to think about, but I would not rely on it.

I’ve been watching CNBC for decades and their chart guys are wrong as much as they are right.  In other words, random guess would work as well ... and that is for stocks, where they don’t move nearly as much as crypto. 

I agree with you that crypto seems be driven almost entirely by news, and for the most part moves in unison.  The top 50 or so appear to be highly correlated more often than not.
We should definitely have an analysis on ourselves that might help us to decide on the possible transaction we would make. I do not recommend to depends on the article of someone too much but it does not mean that it is not reliable in some point there are people or pages that analyze the real market of bitcoin in the current state.
2816  Economy / Speculation / Re: Will Bitcoin finally hit 20K on: February 18, 2018, 03:40:45 PM
I don't think bitcoin will return to $20, 000 this month, which will take a lot longer, and I think it's not a good thing that bitcoin is going back too fast.
I don't deny the fact that bitcoin is now recovering, but it's almost impossible to return to $20,000 this month.
I takes time until bitcoin value have an improvement or increased if we are dealing with big changes and value. I think bitcoin need much more time to achieve this and to have a development in terms of its value. If we are going to continue our support it would definitely shorten the time allotted for it to happen.
2817  Economy / Trading Discussion / Re: I dont like daytrading on: February 16, 2018, 11:58:21 PM
Daily trading may be working for FIAT but it's dangerous in crypto. You can make huge profits as well as big loses given the fact how volatile crypto markets are.

We should not try a thing without finding it's reason or how it done in a technical term. Becssue in reality we couldn't handle things we do not know. And day trading is quite need our time for us to deal with it and mage it because it require much more time and effort to analyze the price and the current value of Bitcoin.
2818  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Another Coin Take the Crown? on: February 16, 2018, 11:55:21 PM
In long time has no chance to take the crown. BTC was the first and most valuable. It would have been much more valuable without unnecessary speculation
Bitcoin is a well established coin that has a good volume and stock to bitcoin. I think it is a good reason for people to believe for Bitcoin more becaseu mostly altcoin or other cryptocurreny depends their price on the current value of Bitcoin that is just like how most of the market does have.
2819  Bitcoin / Bitcoin Discussion / Re: Why are they afraid of bitcoin? on: February 16, 2018, 11:48:19 PM
They afraid bitcoin because of ignorance. 150 years ago, people afraided of railway and train, 100 years ago, people afraided of alternating current. There are people in all ages afraid of new things.
Lack of knowledge and insufficient information on the capability and opportunity of Bitcoin could give to us we definitely lead for not taking Bitcoin or not even notice Bitcoin. I think people much need to educate themselves for them to learn and to have the opportunity to earn and to gain profit.
2820  Economy / Trading Discussion / Re: Trading Tips for Beginners on: February 16, 2018, 11:35:38 PM
Learn, learn and learn. That is what you need to become a good trader because if you are just getting started then there is a higher chance that you don't know the basic of trading so if i were you, i will invest some of my time in studying about trading by reading here in our forum and doing research on different search engines and that is how you will become a good trader.
Education  in the process lot learning is a must when it comes to trading because just like how Bitcoin system develops that fast it's system through trading transaction and investment is constantly changing. So we need to upgrade or development ourselves in terms of having a way to earn and to gain profit using trading.
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