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1101  Economy / Economics / Re: Newbies panic & Old timers smile, when the Bitcoin price take a dip. on: August 19, 2018, 10:00:52 AM
Yeah mostly the new comers are scared when the price are dropping low because they invested in Bitcoin when it was in a high price so they are losing some money,
While the old investors are just chilling because they invested at a low price and they already experienced it and know that it would soon be over and the price would recover
1102  Economy / Trading Discussion / Re: Who are these so-called "whales' in the Cryptocurrency world? on: May 08, 2018, 04:42:21 AM
They say they can manipulate the price of a certain cryptocurrency coin. So how do they do that and who/what are the most famous and richest whales in the cryptoccurency world?
Well we can never really tell who these "whales" are but certainly they are rich people who can somehow manipulate the market. They buy large quantities of coins to pump up the market and at the same time can make the prices go down by dumping their holdings.
1103  Other / Politics & Society / Re: bucket list on: April 06, 2018, 04:05:09 AM
Do you have a bucket list? What things would you want to do before you die?
No i dont but there are a few things that i would love to have and achieve before i die. I hope that i am prepared to meet my creator and i would love to built my own house and own a car before i die.
1104  Economy / Economics / Re: Why BTC is having a high price? on: March 24, 2018, 04:37:08 AM
It was below 1k last year beginning. But from the mid year prices started to explode! What's the reason behind these price rise?
Bitcoins popularity is growing and so with its acceptance and adoption by people and business establishments from around the world. With this, demand of bitcoin increases and so would the price.
1105  Bitcoin / Bitcoin Discussion / Re: teach your children about bitcoin on: March 16, 2018, 04:14:59 AM
hello guys , i just want to share what am i doing right now to my children, i have a 10 year old kid , he is david . this coming summer i want to teach him about cryptocurrency. especially bitcoin, from his young age i want to share him my knowledge about this kind of things. im happy that he is excited a little bit however it's so hard to explain but then i use some examples like video games as a reference about bitcoin. probably it might be the easiet way to understand how this things works. for example bitcoin is like a video games, you need to do a lot of research about bitcoin to know it and ask some people what  they know about bitcoin or  like experiences  , like games you need to do a lot of practice to mastered the games , can someone help me about this ?
Kids at your child's age can easily be distracted by a lot of things, new toys, games and other kiddie stuffs. There is no guarantee that your kid will easily grasp about bitcoin since it is complicated. Let the kid play and you worry about cryptos. Teach him about it when he gets older.
1106  Bitcoin / Bitcoin Discussion / Re: Difference between Bitcoin and real money? on: November 26, 2017, 10:19:42 AM
I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?

If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?


Both can be used for payment, it is true. However, the increase in the value of money is not the same as bitcoin. Bitcoin is volatile, and because of that it's volatility can be used as an advantage. We all know that we can use it as an investment because of it's changing value, and that can't be done with money.
1107  Economy / Economics / Re: Where do you spend your money from Bitcoin? on: November 26, 2017, 08:39:06 AM
Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"

I usually spend my money to invest more in bitcoin. I have been doing this for quite some time. I believe that if I spend it now, then I would never be rich just like those people who have spent so much on bitcoin for a long time, and look at where they are now. So, I would want to have more before I spend it.
1108  Economy / Trading Discussion / Re: How do you deal with loss? on: November 20, 2017, 11:55:06 AM
So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?


Personally, I think that there is no easy way in dealing with loss. No matter how hard we tell ourselves that next time will be better, still we know that there is still a chance for it to not work out or to fail once again. So, the best thing to do is to forget. As much as possible try to forget the failure, but always keep in mind and never ever forget the mistakes and the lessons learned from that failure.
1109  Other / Politics & Society / Re: Do Love really exist ? on: November 18, 2017, 05:03:54 PM
Hatred has taken over almost every where in the societies in recent time whether in the  family, Church, Musqe, office, play ground, school, among young and old people. All of this that happen in our societies made me wonder whether LOVE exist. This is because if you check the meaning of love you will agree with me that love doesn't exist anywhere.

Love can be shown in many ways, so I really think that love exists in our every day life. Love starts with family, ever since you were born, your parents had already loved you because they carried and took care of you for a long time before you first saw the world. You can even feel it with your friends or relatives, by just caring for you or thinking of your condition everyday is a sign of love.
1110  Bitcoin / Bitcoin Discussion / Re: Does any bank accept Bitcoin? on: October 29, 2017, 02:11:40 PM
Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.

Yes, there are some banks that accept bitcoin. A lot of banks entertain bitcoin because they know that it's profitable and that they can earn more income from it. You know what they say "If you can't beat them, join them." Maybe that's why some banks are into cryptocurrency nowadays.
1111  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Gold for people with less than 1 BTC in wallet on: October 19, 2017, 10:39:33 AM
Hi guys, maybe it is silly question but does anyone know for sure will there be Bitcoin Gold coins even for people with less than 1 BTC in wallet with private key?

I really think that if ever you have bitcoin you will get bitcoin gold too. I think it's better if you will look on any updates about bitcoin gold. It would  be great if you're holding a lot of bitcoin, you can have more bitcoin gold too.
1112  Economy / Economics / Re: Should I stop Buying BTC? on: October 08, 2017, 09:30:24 PM
Should I stop buying BTC for above market value or should I start paying the listed price? I support Bitcoin and still pay 5k a BTC does anyone see bitcoin going back up?

You should go shopping when bitcoin price go down, however, if you really trust bitcoin and you are willing to hold it for a long time, anytime can be a good time to buy. For me, bitcoin is a long-term investment, if you will invest high amount of bitcoin, you should be willing to hold it for a year or longer to earn maximum profit.
1113  Other / Politics & Society / Re: Real friends. on: October 08, 2017, 12:16:45 PM
There is too much these days about people have friends as snakes disguise. Well let us take a moment appreciate the real friends. I bet people still have real friends, the ones who truly stand by them no matter what happens. We waste too much time complaining about the bad people we have in our life. Why not appreciate the ones who have been in our life as a blessing. I've been blessed with a whole bunch of real friends who support me no matter what. Are you also among the blessed ones?

It's really hard to find true friends nowadays. You can consider someone as a true friend if he/she considers how you feel, cares about you, and doesn't influence you in a bad way. It's good to have a lot of friends, and it's easy to make friends. However, it's really hard to find friends who are true to you.
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