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341  Economy / Economics / Re: High prices mean even higher volatility on: December 12, 2017, 12:21:04 AM
It is true, but should be a chance that you must be willing to take, since not all who ate i vesting in bitcoin are knowledagble on how investing works, they might be just trying to go along with the the, FOMOs or worst tryin to show others they didn't profit, always take into consideration that people will be impluse buying whenever there will an airdrop that is coming up and will do panic selling whenever they hear a negstve news, and since bitcoin is global, there is a higher volatility rate, just like, since gold is also being traded around the globe.
342  Economy / Speculation / Re: Bitcoin Futures - the beginning of the end...? on: December 11, 2017, 10:29:23 PM
I doubt it will be the beginning of the end, i find it will be another chapter in the acceptance of bitcoin, there will be a huge acceptance for cryptocurrency and not only that bitcoin will be recognized, other altcoins will be noticed as well and it may be the start of fiat's fall, though a lot will still be bad mouthing cryptocurrency, bitcoin will only show how dominant it could be.
343  Bitcoin / Bitcoin Discussion / Re: Is the North Korean government engaging in bitcoin mining? on: December 11, 2017, 11:24:54 AM
The country is closed and notopen to the world, i thi k they have the technology to mine,since they can create weapons of mass destruction, however i do not see if they can provide enough power to create mining farms, there is still a possibility they are mining, but in the long run, they may not have that much bitcoin on their hands, unlike other countries.
344  Economy / Speculation / Re: What's up with the btc price? Should we be worried? on: December 11, 2017, 10:18:58 AM
We should not panic, there ar a lot of factors.that affects the price of bitcoin, one of which is.yhe volume of people that bought bitcoin at a high price, just like in the traditional stock market, if you had already gain enougj profit for you goal, you will do profit taking, there are still a lot of people who do not understand how investing works, they just go along with the trend and lastly, we shoupd take into consideration it is december, the holidays is nearing, if you see you had gained profit, you will take it as well, and the same thing also had happened in the traditional stock market, there is a price fluctuation, the only difference with bitcoin is, bitcoin because it has a high value, a huge difference should be seen in order for people to.speculate it is a bubble, but it is not.
345  Economy / Trading Discussion / Re: WHAT DO YOU THINK ABOUT TRADING ROBOTS? on: December 11, 2017, 01:15:41 AM
Trading robots are useful for traders in order to make trading easy, however before you use it, i sugget that you study trading first, you arr still the one that is going to make the decision, if you do not understand how trading is you might end up regretting having the tool, just make sure you have the knowledge first and do not rely on it, though it will really help you on trading.
346  Economy / Marketplace / Re: Is that possible to earn bitcoin with Youtube Channel? on: December 10, 2017, 10:08:42 AM
I also have a channel in youtube, they do not actually pay in bitcoins, but you can ask networks that will help you with your channel, your subscribers or the ads, they can pay you in bitcoin if you would ask them to. There are also ways in you can be paid in bitcoin, by asking your viewers, but do not ask their private keys, since there has already been some persons who got scammed because they had given away their private keys, just don not do it.
347  Economy / Trading Discussion / Re: What is the first rule of daily trading in your opinion? on: December 10, 2017, 08:00:02 AM
First you must learn to be calm and do not let you emotions take over, along with always getting updates. Whenever i do trading, i always make sure that i there are a lot of tools open so i can see the value of bitcoin in real time and the value of the altcoins that i want, so i can speculate, even if the value goes down or up, i always keep calm and try to be logical and at the same time, consider the feelings of people whenever there are FUDs and hypes.
348  Economy / Economics / Re: STOP #HODL go #INWEST on: December 10, 2017, 03:25:06 AM
both strategies are beneficial, if we stop the other, we might lose important gains, if we hodl, we are also investing since part of hodling is investing as well, we need to do cost averaging and watch our capital gains go up, if not buy whenever the market is low. let us not get messed up with the two, when it comes to investing, we also need to hodl our investments and take profit whenever we feel we already have enough gains and reinvest again, we should also consider doing a strategy and stopping hodling may be a part one's strategy but it is not advisable sine the market it volatile, there will be times that we're going to lose in someway, it may not be the value but the number of bitcoins that we have, and it does make a huge difference in the long run.
349  Economy / Web Wallets / Re: Best online Bitcoin wallet ? on: December 10, 2017, 01:59:44 AM
for me the best bitcoin desktop wallet is electrum, though i had tried others as well like exodus, electrum is still very convenient for just make sure that you keep it secured as not to get hacked or to protect your coins, for mobile app though, i use our local app, coins.ph, since we can convert our fiat to bitcoin in real time and is more convenient since we have a lot of merchants that uses the app. though we use different wallets, we should always make sure that our wallets are secured use 2FA and do not give away any important details to access your wallet.
350  Economy / Trading Discussion / Re: Benefit from possible BTC dive? on: December 10, 2017, 01:24:08 AM
since there was a dip recently, if you had bought your bitcoin during the time that it had breached 17k usd, do not worry, bitcoin will still remain strong and do also consider the upcoming season, which is the holidays, people will surely take profit, once the see their investments go up, just to have some extra cash and that being said, we are about see a correction in the market in the upcoming days,, since the holidays is not over yet, do no just panic, and also do check other cryptocurrencies, bitcoin is not the only cryptocurrency out there, also learn to do trading, it also helps, since it is a cryptocurrency, it is also highly volatile and study first, learn about trading in this way, you can still earn even if bitcoin is down. let us also not forget to buy low and sell high or hodl for most of us, bitcoin's price has gone down, it is better to do cost averaging if you bought bitcoin at a high price.
351  Economy / Trading Discussion / Re: Altcoins are dying !!! on: December 09, 2017, 04:19:27 AM
i don't see altcoins dying, if you have been trading recently, you'll see that most of of the gain are in bitcoin and no doubt about it, bitcoin had reached 17k usd in no time, but the correction is now on going, and the value of bitcoin had dropped, and it seems that, the money is on altcoins right now, here in the eastern side of the market, the value of altcoins had increased during day time and i think this is because of the value of bitcoin dropping, and more and more people seems to be very active as of yesterday in trading, probably to gain more profit, making altcoins still alive in the market, we should just not panic, seeing a bloody red red market, it will go up in time.
352  Economy / Economics / Re: did you know industry marijuana will be good future in cryptocurrency? on: December 09, 2017, 03:02:02 AM
If you are reffereing to medical marijuana, people might support it, however marijuan is still considered an illegal substance around the world, if this is for the support of research why not, but funding it as means to be distributed like illegal drugs or for purposes like that, it may not be supported. We all know that bitcoin can give a huge financial boost when it comes to such industry, but let us not waste good money in support of marijuana other than research and in time we might see good feedback for marijuana around the globe not just for getting high like we see on movies.
353  Economy / Economics / Re: IMPORTANT! - US Senate Bill S.1241 to Criminalize Concealed Ownership of Bitcoin on: December 08, 2017, 11:58:23 PM
This is against the law, i find it like trying to take over your bank accounts, bitcoin's characteristics is being anonymous, as well as the banks, they will keep your money and will not allow anyone to have access on it, i do not see, what is the difference between banks, and peopld who keep the money in a safe place. Bitcoin that is being kept in our wallets, was not stolen in the first place, why would they want to criminalize a person, they should ask help from japan and ask, how did they do it, if it is because japanese are disciplined people, then i think it will be our fault, not being disciplined.
354  Economy / Speculation / Re: Does dollar value affect bitcoin value? on: December 08, 2017, 02:04:57 PM
The dollar has no effect on the value of bitcoin, since you can exchange bitcoin to any fiats. This is a miscinception that the dollar affects the price of bitcoin, we only use dollar as the basis, in order to check how much bitcoin's value move, since it is already used in foreign exchanges, we can also use it as basis for the value only.
355  Economy / Trading Discussion / Re: Day trade or Hodling on: December 08, 2017, 09:43:08 AM
It depends on what suits you best, if you think you are a sophisticated trader go aead and do day trading, that is if you are willing to spend more time in front of the computer, but if you would just like to see your investment grow, hodl, still both decisions have their own risk, but what is much better is if you try to do both at the same, if you could spend some of your bitcoins in trading to learn and earn from it, then why not.
356  Economy / Economics / Re: Spend Bitcoin as Fiat from Phone? on: December 08, 2017, 04:09:02 AM
this is possible due to the technology we have some merchants have systems for their businesses in order to accept bitcoin as payment, here in the Philippines, there are already merchants that do so, and some bitcoin users do treat their bitcoins like fiat, they easily go on spending spree, like our app, wherein you can buy load for your phones, pay bills and pay others as well, i think it because of its availability and it is more convenient than traditional going over the counter and through credit card, still money management here needs to take place.
357  Economy / Trading Discussion / Re: What is your trading strategy? on: December 08, 2017, 03:06:01 AM
i hold a huge portion of my bitcoin in my wallets i keep it secure and trade around like 10% of my bitcoins, what i do is accumulate and sell, i buy altcoins that are promising and that has a very good road map, then wait up until the price drop, buy it low and when it goes up sell higher, i do not hesitate to cut loss, since it will be more beneficial if you put it in other altcoins that will be more beneficial in the future.
358  Economy / Marketplace / Re: Bitcoins & On-line Retailing on: December 08, 2017, 02:29:24 AM
there is no doubt that any business done online like on-line retailing will be using bitcoin as means of payment, but as of now we can see that the transactions seems to be taking too long, i agree with the other posts that we could also use other crypto currency as payment, however if we do that, the problem will be the value of the coin, since we'll be needing to convert it to the altcoin and vice-versa, by this time, what i can see is another form of crypto currency will be used next to bitcoin, and we might have two dominant crypto currencies in the future,if the transactions become slower and slower.
359  Economy / Economics / Re: The $1 Million Dollar Bitcoin on: December 07, 2017, 11:31:30 PM
i think this will not be a problem, all of us here agree that bitcoin can reach 1 million usd, probably in the next couple of years or maybe even earlier, the boost in the value of bitcoin today is not due to any hypes or any news saying that bitcoin is a great investment, well it is, as i can see more and more people are shifting into cryptocurrency and it is not anymore FOMO, it is due to the fact, people had already tried investing in bitcoin and realizing that it is never too late to invest in bitcoin and is gaining more and more trust, and i think they do not listen anymore to people saying that bitcoin is just a bubble.
360  Economy / Marketplace / Re: Bitcoin versus other offline currencies on: December 07, 2017, 09:56:36 PM
there is no doubt that bitcoin is a great investment and as well as a currency since we can do transactions at a much easier way and faster than offline currencies, if you are referring to fiat, in which it is offline. in terms of value, bitcoin has a higher value compared to fiat, since bitcoin gained the trust of people through time and had shown that it can be both currency and asset, however for fiat, it will depend upon you location, where you live, for example in my country, our fiat's value decreases through time due to inflation and as well as the dollar's influence, well as for bitcoin, if you have 1 bitcoin in your country and it can buy a car, your 1 bitcoin can also buy a car in other countries, since the value of bitcoin is the same on every country, and for me that is already a good reason, why you should choose bitcoin over offline currencies.
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