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1201  Economy / Economics / Re: When to buy and sell bitcoin on: October 24, 2017, 08:20:05 PM
When is the best time to buy bitcoin and when do you think is the best time to sell?
I think its a great time to buy now but when is a good time to sell (if you have any idea please share)
I think this is the right time to buy Bitcoin. Given the fact that there'll be another hardfork in November, and if it will be successful, the market value of Bitcoin will be more expensive before this year end. And even at this early moment, its market value is already increasing and if you'll buy right now and hold, your profit will go along with the increase of its market value, meaning, huge profit to be earned.
There is only one golden principle related to buying and selling of not only bitcoin but all other coins as well for having good amount of profit and that is “Buy only when the market price is low and sell only when the prices are high”. But this not a universal truth, you can make your decision according to the situation which you are going through. Think well and decide in a way which can make you wealthier.
t totally depends on the resources on have and the mindset usually people buy bitcoin at low and sell at high that’s the most promising strategy because this allows the investor to spend low and get high profit because the practical example is here those who bought it in the dump when price is 3000USD now it is at 5600-5700$ they are happy and gaining a lot of profit and some of them are expecting more to come.
1202  Economy / Economics / Re: Do you think billionaires invest in BTC? on: October 24, 2017, 07:54:27 PM
I think yes. Billionaires investing in bitcoins, it isn't even possible they make popular bitcoin like today. Because, to make crypto known to people in the world would need huge funds, and they have the ability to it.
Everyone is investing in it bill gates gave a statement a few days ago that bitcoin is most profitable and most promising and this is the right thing money is the thing that a person will never feel bore to get it so everyone is multiplying their money by investing into the bitcoin and those who are already millionaire they are aiming to become billionaire by using this mighty coin and this will lead them.
1203  Economy / Economics / Re: Can we totally eliminate all the banks in this world? on: October 24, 2017, 07:36:06 PM
The banking system was created with the ability to adapt to the environment.

Here's a quick history lesson:
The first recorded banking system was during the crusades when the Knights Templar provided travelers documents written in a unique cipher to allow them to travel without having to bring with them their treasures. They can deposit their gold in another land, and withdraw them in a different one, so as long as there is a Knights Templar base nearby.

Now, compare how far the banking system has changed from that.

It will be most likely that the bankers will simply improve their system to fit in directly with how people will transact through digital currency.
Banks cannot be eliminated now because still they are fulfilling the basic needs of people whenever people stuck in financial crisis banks are here to help them but now another innovation has entered the market that is bitcoin and market and bakers are in worry that this coin will shut their business and it’s true because people are rushing toward bitcoin and banks are thinking to accept the bitcoin to continue.
1204  Economy / Economics / Re: Why Should I Choose Bitcoin ?? on: October 24, 2017, 06:57:14 PM
Why Should I Choose Bitcoin ??
                                                It's the first question one should face while starting to deal in bitcoins and answer this will satisfies you to choose bitcoin over others. Some of the benefits that Bitcoin have over other includes :

1-Quick transactions – Bitcoin is transferred quickly over the Internet.
2-No expenses/low charges – Unlike credit cards, Bitcoin can be utilized for nothing or low costs.. This enhances revenues margins deals.
3-International installments – Bitcoin is used all over the globe; e-commerce sellers and service suppliers can easily agree to take international payments. Which uncovered new potential commercial centers for them.
4-Information is secure – As we have seen with late hacks on general retailers’ disbursement processing systems, the Internet is not generally a secure place for private information. With Bitcoin, clients don’t surrender private data.
5-Much More Easier – Bitcoin is Much more easier rather than we think.Means to say It’s Much more easier than transfering a Payment from bank account From bitcoin you can even transfer a Payment in few clicks even While listening songs.
-Hope this will help you in believing Bitcoins !

and what I like about bitcoin the most is its tax free! I love how its system is created being decentralized that gives us something fresh in this toxic economy. Bitcoin is like a break we're finally waiting for to be financially free somehow I find it as a redemption of the system controlled and monopolized by rich people and the corrupted government. Being able to earn it at home is also an advantage we can't overlook and other countless of opportunities it offers.
i think the reason to use bitcoin Is that it allows to shop everywhere from the world and it is the profiting investment of all the time using this will lead you the epic future and everyone wish to live a life without worries and maximum account balance and all this will be given by bitcoin and ther no second opinion in this that bitcoin is the innovation of this era that is changing people life in very less time by giving them maximum.
1205  Economy / Speculation / Re: This guy predicts bitcoin to be $20,000 in 2 years. What do you think? on: October 23, 2017, 09:19:34 PM
Nothing is imposible. I think that can happen. Let's look back within a year through strong growth Bitcoin how, from $700 up to $6000. the price rose about 8 times so with the current growth rate it rises $20000/BTC can happen




I think it's really impossible because bitcoin is volatile and we know already about that. That guy predict bitcoin will rich in that amount,well its just his own prediction and still belong to rumor. But if that can be happen, it's very a good new for us specially those people whose holding a very huge amount of bitcoin.
Lol for those who are thinking that its price is volatile and it will not cross the 20000$ after two years by watching progress of bitcoin nowadays this price will be crossed in the middle of 2k18 and after two year it will surely be crossing 10000 to 20000$ margin and more of it bitcoin has a lot of potential to pump its prices and its demand is high nowadays because people love to use it so possibility is there to cross this.
1206  Bitcoin / Bitcoin Discussion / Re: Almost All Cryptocurrency have fallen on: October 23, 2017, 08:47:24 PM
I think you posted this thread too soon, because now the price has risen again very high. Smiley
Once again the same gas been taking place. Most of the assets were found declining in value along with bitcoin, now bitcoin has gone close to $5750. Hope the trend continues for some more time period and will start pumping towards the price from which it started to decrease once after the fork.
  Bitcoin is not declining man it is moving in the steady manner and it is already there at 6000usd and those it will move in upward direction for more two months and I am not sure about other crypto because bitcoin has so much influence in my life that I never think about any other coin, because bitcoin is giving me whatever I want and also declining of other crypto is just because people are loving bitcoin.
1207  Economy / Marketplace / Re: Restaurants accepting bitcoin! on: October 22, 2017, 09:40:43 PM
wow it's cool restaurants accept bitcoin as a second payment options if you don't have a cash, hope my country too accept bitcoin in restaurants but the problem is the transaction sometimes it will delay.
This is really a very good idea and it will help the ones who are having bitcoins in their pocket because of the reason that they will not be having any worries of keeping different kind of currencies while going for food. There are some restaurants there in USA which have already started accepting bitcoin as second mode of payment. There are likely chances that there will so many other restaurants as well who will do the same.
1208  Economy / Economics / Re: Bitcoin has Arrived in Thailand..... on: October 22, 2017, 09:13:25 PM


Bitcoin is welcome in Thailand...


Thailand has had Bitcoin in place for some time and I see the government is preparing for the future and how to en brass Bitcoin. It is not unusual to see a " We accept Bitcoin " In all type of stores.


This is really great for Thai People and the Tourists that visit......




Yeah good to hear that bitcoin is being used at tourist destination like Thailand. I mean it's worlds most famous destination for world tours and with bitcoin as open option crypto lovers would get benefit a lot. I mean just imagine how big volume will be driven into crypto currencies if that happens in reality. Would be great to see this in future and it could be start of new era with whole new base of crypto lovers.
As we all know that Thailand is the tourist spot and this coin will really give eases to the foreigners who use bitcoin and are travelling to Thailand, as we all know that bitcoin id economy booster and Thailand will be stable in its economy soon and there will be a lot for the citizens also they have a chance to raise their living standard as well as to earn more profit in short bitcoin will be blessing for Thailand.
  This is indeed a very good news not only for the ones who are living in Thailand but also for the ones who are living at different parts of the world. Thailand have taken a very good step and it will in fact encourage many other countries as well to think good about bitcoin and other crypto currencies. All these things will in result help bitcoin to become more populated amongst the people.

1209  Economy / Economics / Re: Is trading just educated guessing? on: October 22, 2017, 08:51:13 PM
yes it is. Base on many signs and charts, you can predict how the price of coins will go and how they will fluctuate Wink The more you learn, the more correct prediction you can make. Moreover, you also learn many things from trading such as being patient/

Though an exact prediction would almost be impossible, you're right. You're guessing based on facts that will affect the movement. Smart people are not afraid to make guesses as long as there's research to back it up
Trading, in my opinion is far more than that of educated guessing. Educated guessing can in fact help us in making good understanding of the things related to that of trading. But alone educated guessing cannot serve the purpose. You need to learn so many other things as well like that of chart analysis, getting more knowledge and keeping yourself up-to-date along with keeping control over your emotions.
1210  Economy / Gambling discussion / Re: Why trading is better than gambling? on: October 21, 2017, 08:27:03 PM
I wonder how the author sees no difference between trading and gambling?! Now there is the Internet, which you can find a lot of useful information and draw conclusions!

He wants to get the suggestion of each gambler and traders. Trading and gambling do have a lot of difference but they also have similarities and base on we are portraying it, we are understanding it differently. We do have our own assumptions and opinions on these two things. Trading is better for the traders and gambling is better for the gamblers, simple as that no more debate.
Both are similar in respect of earning money but the ways are different. Trading conventionally acceptable while gambling not so more. In gambling you need luck to earn money and there is 100% chances also to loss so you will be totally dependent on luck. No doubt that through gambling you can earn a lot within seconds but when you are lucky but if not so you can loss also within seconds while through trading you cannot loss if you are experience and intelligent and well known to better time to take an appropriate action. In trading you need hardworking although it is a slow process but there is no fear of loss.
Trading and gambling are not similar in any way, dude, trading is not illegal or evil in nature whereas gambling is so destructive by nature. There are masses who are poor now just because they were addicted to gambling. Trading is not addictive in nature. Though you can make big money with gambling in short time but that happens rarely, most of the time you lose your money.

1211  Economy / Gambling discussion / Re: Does experience matter in gambling? on: October 21, 2017, 07:49:25 PM
Experience helps us make a better money management plan and limit ourselves with the spending. Another thing the continued involvement will help us make better analysis about the events and and make closer predictions. Altogether experience plays 50% while the rest happens on the luck one holds.

 Indeed! If you are experienced enough in gambling, you will probably understand how much to invest and how to limit the loss. The experienced gamblers have one advantage that they often figure out the correct time of leaving the game, they know well that greed only leads to bankruptcy. The percentage you mentioned is correct or even if we increase the portion of luck that would be again acceptable.
1212  Economy / Trading Discussion / Re: Chart analysis on: October 21, 2017, 04:52:56 PM
The chart of investment can help you a little. Your remaining experience and experience can benefit you. Just like an alphabet, the first letter is a chart.

 Chart analysis is no doubt very much important thing for someone who is involved in the world of trading. It can significantly affect the earnings of the traders as most of their decisions will be based on hoe accurately they have interpreted the charts. But the fact is you never know what will happen in future, so chart analysis is not a t all sufficient for someone to become a successful trader.

1213  Economy / Trading Discussion / Re: When do you plan to sell? on: October 20, 2017, 08:59:28 PM
If the price didn't go with my expected selling point instead it turned its head towards my entry point, as long as i profit from it, I SELL.
I never plan to sell my bit coin because when I realized that I have earned some dollars then I sell it and when the prices go down I purchase it again and wait some days for very few gape in price to increase. And when it happen I sell it against thought this I earned a l lot of money and I think this operation is very much suitable for people like me who have very low balance to invest for long time.

 Everyone has his own way of looking up at the things. for me selling is not the best option and most of the time I try to avoid selling of my bitcoins because of the reason that I know this thing that it is holding of bitcoins which can help me earn more amount of money. I only sell when I have no other option left. In that case, I make sure that I am getting a good amount of profit.


 
1214  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin vs Cryptocurrency - Inequality on: October 20, 2017, 08:29:50 PM
Today I happen to notice the Bitcoin price has gone up to 5400 level. Why there is no big activity in other alt coins. I feel 54% of market cap is Bitcoin. So does it mean alt coins have no value.

I feel there big inequality or all other all coins in no way par with bitcoins as it is market leader and it is distancing itself from others in Price.

The 54% market cap dominance we now see for Bitcoin might seem 'inequal', but is actually still pretty low considering BTC occupied at least 80% of the market cap before the spring of 2017. Altcoins are agressively on the offensive this year. Personally I'm diving entirely into altcoins in the coming weeks as I suspect/hope they'll yield a profit when this whole hardfork thing has passed.

Altcoins move more than Bitcoin moves, but Bitcoin seems to hold its value longer and more reliability than altcoins. It all depends on your trading style. Altcoins are best for high risk, high reward - but if you are not skilled at trading, and many people are not, just buy and hold Bitcoin.
Bitcoin has earned its present status after many years and as it was a totally new concept so it grabbed the attention of most people and once they indulged into it, they realize its benefits. Then many other crypto coins were released in the market but none was able to get to the level of bitcoin. First, BTC supply is a scarce one from the beginning and the demand has been increasing with time. That is why, altcoins can't beat it.
1215  Economy / Trading Discussion / Re: When do YOU sell? on: October 19, 2017, 09:50:59 PM
I will sell when I get a profit, I never set how much profit I should get because it all depends on the price and market conditions at that time, if the price starts to fall I will sell it even if I get a little profit than i have to hold my bitcoin again, or if the price is still rising then I will hold my coins while watching the market movement
I also sell as soon as profit because the market can fall down very quickly if we do not sell at that time and this always happens to people. I think if we do not greed we will definitely have a stable profit
Personally , I think it is better to not sell out bitcoin as far as there is no such need of money because high value are being predicted by the digital market experts for next few years so it would be beneficial to not tempted by present advantage. For traders, it is best to sell out the coin when the price is really high or the peak of any pump phase but I suggest keep at least 25% to 30% of it.
1216  Economy / Economics / Re: DON'T DO PANIC SELLING !!! on: October 19, 2017, 08:55:17 PM
Keep calm and HODL mate Smiley
Holding is something far better option than that of panic selling. There is no pint of selling your coins at less price which will result in nothing else but huge loss. The one who is going for panic selling is going to lose his very own money with his very own hands. Patience is the only key which can help you in such kind of situation.
Yes holding bitcoin is always is a  good decision, through holding habit you can prevent yourself from a big long, In fact when panic selling started in the market we see that there become uncertainty in the market.
It won't always be a good decision, especially if you've bought at $5000 and the price starts falling rapidly from $5400 for instance. It's a great investment for long term holding, but most people panic in fear of losing their funds without thinking that in a few weeks or months, the price could be a lot higher. We've all been in that position.
The worst that can happen to any bitcoin holder should be the selling of his asset at the same price in which he bought it. If the prices have decreased to a big difference, then just forget about bitcoin for someday and do not check the price as it will increase the stress. The investor must trust bitcoin and show patience during the downfall.
1217  Economy / Economics / Re: Can bitcoin improve the economy of a country? on: October 19, 2017, 08:38:52 PM
My answer is NO, now you are wondering that why i am saying that, bitcoin is an online currency and for a country to be economically strong every person annually income has to raise and industries are there for goods production and services, bitcoin can not replace real money and most of the people in the developing countries do not know how to operate a computer and do work online.
The economy of any country is decided by the percentage of its earning citizens and as bitcoin is reducing unemployment by providing income source to many people, it is slowly improving the economy of any country. If we talk about China, then it had actually hurt bitcoin more than any other country so far. It banned bitcoin exchanges and ICOs.
1218  Economy / Gambling discussion / Re: How do you know when to stop? on: October 18, 2017, 12:08:05 PM
Stop when there is no future or tomorrow.. But If you have even if a tiny bit of chance or possibility.. Better go forward and not to stop 😊

There's no way to know if you've got a future or tomorrow in gambling it's still a guess for everyone that's into gambling. The momentum when you gamble is happening and if you think that you are in that stage yes go for the goal but don't always go forward as sometimes you need to go backwards for you to be able to get some time to buy and relax. Stop when you are tired and when you've got a lot of loss.
I agree with you.Better stop gambling when you have loss a lot.Do not wait for tomorrow that you'll be able to sell your property just to gamble.That's why before gambling,we should set first our limitations.But if we can't control our deep interest with it,better stop gambling now.

As there are some gamblers that never stops when they loss a lot and they want to recover their losses so it's not recommended to keep on gambling when you loss a lot. Taking up a rest and stop when you loss a lot is the wisest thing to do because you can minimize your losses or you can set an amount when you loss some. It will be your key to reduce your losses because others don't know how to control their losses.
As a player or a gambling sites it is hard to stop this especially when you become addicted to this kind of game. Because every time you have bitcoin or money all are you thinking is to recover the amount you lost in gambling but I think it is wrong perception. Since you always a gambling, you always have a chance lost. Not only money or else, maybe even your family or anyone you have for now. So I guest the best thing we can do for now is to quit gambling.

That's the problem if someone is already addicted to gambling because the mindset starts there that you can't stop or you don't know how to stop if you are not reaching your goal in gambling. The best way to do when you are in that situation is to be aware that you are becoming addicted and it will make you worst if you won't be stopping anyway. That's why you have to stop or else you'll experience bad things.

 I want to be a little honest here though I have never ever got the gambling addiction but I have experienced addiction. I used to play few fob games like Candy Crush and 8 ball pool a lot. I did not even sleep at nights for them and ultimately I got brain problems. That is when I give up on them because I was no more able to play it as my health did not allow me and I diverted my attention into other activities. I think it is nearly impossible to recover addiction as far as you are healthy.
1219  Economy / Gambling discussion / Re: Gambling loses and wins on: October 18, 2017, 11:55:11 AM
I already forgot my loses and winnings but I am sure that I am more on lose that win..oh well that's gambling! I learned my lessons and I stayed away in gambling for awhile now.
With the exception of those who win the jackpot, most of the gamblers are mostly on the negative side when their gambling history is completely audited. just like yourself, I only gamble when i have at least an 80% chance of winning.
That is just the truth. However, we overlook this a lot and always utilize the little we have profited forgetting how much we have lost.

If you ask me, there is no way I have seen that gambling can give you at least 80% chances of winning and if that had been happening, so many of the gambling sites today would have gone down, even poker that seems a bit of luck and little calculations still balls down to huge luck. So, it is more like 50:50. Sometimes I even feel the winning chances are lesser.

Except sports betting no other games will give us this type of opportunity to make money in gambling. Suppose if they allow this percentage as you said no one casino would stand for a long time. According to me, there is no 50-50 chance also if we have the luck we will win or else only house will win.


The chance might be 50 % but we know that the longer we play, the more we are at disadvantage because we cant win in the long term. If we cant win at all then there is no point to play for profit. If we play for fun then that would be another story for us but to play for profit and lose is not really what I do right now. This shouldnt be done by every player as well
I whole heartedly support you in your statement. Gambling can be really disastrous if played without pauses. If a gambler will continue to play very often for long durations then it won't take him long in order to lose his wealth. Trying to earn profits by playing gambling, it will just not ruin his wealth but mental health also. I advise to not waste the precious time here.
1220  Economy / Gambling discussion / Re: Is it a sin to gamble? on: October 18, 2017, 11:29:01 AM
It's only a sin if you're harming yourself , your family or any body else in your environment due to your gambling activities . Religions have mixed up definitions of sins and prohibited deeds that are enlisted in their holly books . That does differ from a religion to another , but i'd prefer believing my own definition that a sin is something that we can apply the right or wrong rule on it and that it's level of danger could affect not only your present , but your future or somebody's else present and future .
correct once that you say. and if in my religion baseball may be done because the gambling is banned in the religion of islam.dan other religions probably also rich so.

  Every religion has its books, especially the two most famous ones that are Islam and Christianity. As far as Bible is concerned, people have made amendments in it from time to time but if we talk about Quran, there is nothing in this world that can prove any changing in it since the revelation of this Holy Book. I respect all religions of the world because these all teach us to not love money and stop us from gambling. So, gambling is a sin.
 
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