Governments always want to show their supremacy over everything that is found within their nation and here is the case bitcoin is giving the chance . So out of this then lets kill it from the system in order not for it to take over the country one day, but i no for sure that they will live to regret it and join later since if you cant beat them 'bitcoin', then you just join them 'bitcoin'
Yes that is right, governments have some worries about it. I think that they want to have control over bitcoin, but they also realized that it is not so easy even impossible therefore they are against bitcoin, but i think that very soon they will realize the bitcoin importance and will therefore they will accept bitcoin as legal currency and will allow bitcoin in their country to trade legally.
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Re: Why you should stay off from market prediction
Yes, predictions could go wrong. Listening to predictions is not bad. But the decisions will still be up to you. As long as you strongly believe in what you know, what other people's saying is nothing. We shouldn't trust all things we see and hear. Only trust our own judgment.
Yes that is right that we should listen to everyone prediction but should take a decision after good study of the market and after full satisfaction. My person opinion is that the current time is the best time for investment because bitcoin price is still low but it will now trade in such a low price for a long time. Therefore we should invest money in bitcoin right now.
Bitcoin can protect your money and i know bank is the safe to hindi your gold or silver but in bitcoin you can more silver or gold by investing it and in bitcoin you can guranteed that your money is safe and thats why you can trust bitcoin.
To me i think that bitcoin is providing good financial support to people, specially to those people who have some experience in trading, because trading bitcoin can give a good profit to experienced people. While those people those people who do not have enough experience in trading they can also make good money from bitcoin investment for a long time.
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Re: ivyKoin Signature and Avatar Campaign
by
brainape
on 21/06/2018, 06:34:21 UTC
Btctalk name: brainape Rank: Sr. Member Current post count: 340 BTC address(non bch): 1KX7VWzmR1QsTmDgmPEQVi2LMf7AzymQck Wear appropriate signature: YES Wear avatar: YES
You have to educate yourself if you really want to learn what is Bitcoin and how it works. There are a lot of instructional videos on YouTube, news articles from the web, there are also infographics on Pinterest that are very helpful. You got all the resources that y'all need. So it's really not that difficult after all .
I think its not a rocket science to understand. It even do not require a regular or proper education, you just need to study about it for some time so that you may know about the basics of bitcoin and understand how to use it. the only important is that you must have some basic knowledge about computer android mobile and about internet, and i think that you will learn about bitcoin within few hours.
I love bitcoin and i like blockchain technology. I am sad because my government does not accept and does not support bitcoin. I can only trade bitcoin thanks to the internet. I hope the bitcoin will be accepted so that I can use it in my daily life.
there are so many other countries whose government has also banned bitcoin in their country, but still their people continue using bitcoin, their government cannot stop them properly to stop using bitcoin, so you should also try if you can continue using bitcoin in your own country.
To be frank, all of us traders, bounty hunter and investors don't want to be on the losing side. That's why we complain on such things as the Bitcoin is going down again. But there is some good sides here. Like there is a chance of low risk, high rewards profit that will come eventually when the right time comes.
Actually every person is expecting the price to increase, but when the price comes down they become disappointed. it is natural that when something happen against your expectation it make you disappointed and then you will complaint against it, same is the case about bicoin price because investors always have hope from bitcoin price to increase and give them good profit.
Bitcoin is a crypto currency, all currencies make upward and downward trends from time to time. Bitcoin is and other Crypto currencies are taking over the world economy. See every dip as an opportunity to buy more. Invest now and smile at moon
All people is hoping and your right bitcoin is a currency that may take over world economy but as we can see in the price of bitcoin we can say about that. The best we can do is buy,hold and wait the rocket go to the moon.
Yes that can be the biggest hope, people already expecting that bitcoin price is going to become the main currency of the people of the world and therefore they are hopping from bitcoin that is price is not going to fell down any more but will certainly very soon recover its position. to me i think that those people who will hold bitcoin in current time will surely get a good profit in future.
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Re: ARBITAO Signature & Avatar Campaign
by
brainape
on 13/06/2018, 22:22:54 UTC
I want to join
Bitcointalk Username: brainape Rank: Sr. Member Current post count: 332 Bitcoin wallet address: 1KX7VWzmR1QsTmDgmPEQVi2LMf7AzymQck Wear appropriate signature: Yes Wear avatar: Yes
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Re: Why so many Bitcoin users have fear of governments?
if you ask me, I guess those people are using their illegal money to buy Bitcoin. when someone don;t pay taxes for his/her income/investment/property - that profit is actually illegal.
People have to obay the rules and regulation and low of their country otherwise they will be punish for that. In fact if a government will turn bitcoin as illegal then undr the tretory of that country you are not allowed to exerciese it, therefore people are worring about if their governemnt will turn bitcoin as illegal then it will become difficult for them to use bitcoin as openly as they were using it before.
I just quit my office job to have full time in crypto world. I split my time of day to work manything: doing bounty campains, researching good crypto to invest, trading 3 - 4 times per week (not day trading) and may be next time i'll learn about mining. Anyone who has been off work like me can share your experiences?
Quitting full time job for crypto currency trading is not an easy decision for one to take particularly as there are uncertainty in the crypto currency market. Although at some point one need to take a drastic decision for one to be successful in life for as many people who have taken such risky decision have come out successful. I should have take such decision late last year but for fear of uncertainty i later change my decision but very soon i will have take the bull by the horn.
If we can continue both our day job and trading crypto currencies then what is the need to quit our day job for tading crypto currencies. To me i have a day jon and having good investment in crypto market, i can continue boht of them whouth any stress, therefore i can say that everyone can contine both their day job as well as tradign crypto currenties, I will never suggest to anyone to quit their day job for tading crypto currencies.
A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.
The decline in the market value of Bitcoin and other altcoins is not something that one need to worry about too much because that have a positive impact for those who are yet to own some amount of Bitcoin and other altcoins in their possession to do so. And on the other way round it affect some people who purchase when Bitcoin value was higher.
Yes that is very normal for the market, we alwasy seen a big increase and decreasing in bitcoin price, but there is noting to worry about, i think that bitcoin price after every dump react very fast and we exame a very good increase in bitcoin price, theefore i think that there is nothing to worry about the bitcoin market and we should only wait for the good time.
Withdrawing your profit is a good way to manage your assets. But it's up on your hands on how you are going to grow that money. If you don't want to miss the chance of losing a lot of potential profit at better price, it's better that you forget to sell now. Just keep on holding first.
Yeah i think there is not anything wrong if you choose to sell a portion of your bitcoin on some important things you quite needed for a living. For me it is just a form of support for the development of bitcoin itself because whenever you used bitcoin on transaction there is a specific movement happens on the market of bitcoin. Hence, it could be better if you will treat every transaction as a form of trading where you have a planned and management on every decision you will make. It much better to monitor the price for you to know how much you can earn if you could hold more for further investments.Smiley Smiley
I usually do sell my coin using a particular percentage! I have find out that most of the indicators failed in give entry and exists signal. But if you are use -% for buying and positive percentage for selling you will hardly loses in cryptocurrency trading.
Although i am not selling my bitcoin for the purpose to book some profit, but some time when i feel then need of money for fulfilling my need i use to sell some bitcoin and change into fiat currency, but still i try my best not to feel the need to sell my bitcoin, because i know the importance of bitcoin and its potential which can increase too much in next few mothns.
This is the long term wish for many people from long. But Bitcoin should struggling a lot to shine in the market. World currency is not a easy one.It should be accept by the All the country as like a dollar. All the bitcoin investors will get happy for this.
Everyone accept that bitcoin is the world currency, but the problem is that still it is not available everywhere, bitcoin can only facilitate people in modern coutnries where bitcoin is more common and is conside by their government as legal currency, i think that with the passage of time bitcoin will become more popular throughout the world and then it will facilitate all the people of the worlld equally.
Bitcoin can be a main source of income or not that depend on how you make money with bitcoin . If you are a trader, bitcoin will be your main source of income, if you only make money with bitcoin by bounty or airdrop, bitcoin will not be your main source of income in the long run .because you can not do this job forever and the bitcoin price is always changing.
But i think that no one can claim that he can earn a stable income from bitcoin, i think that it is really difficult to predict the bitcoin price, and that is way it is not possible for us to make a stable income from bitcoin investment or trading, to me i think that we cannot cosider bitcoin as our main source of income, but it can only be cosider as our side business from where we can expect to make some good income if the price goes up.
The rapid price growth of the bitcoin in this 10 years made the people to think thast it was a bubble and there is a theory says that if something had huge value in short term will explode at one point so that is the reason of bubble story.But people don't understand why the price increases rapidly because of it limited quantity.
But the reality is that it is not a bubble but real increase in the price of bitcoin, in fact the rapid increase in the price of bitcoin is only becasue of the increasing demand of bitcoin which reducecs the supply and therefore the price goes up, as time pass bitcoin is becoming more popular and which is also increasing the bitcoin demand constantly while the total amount of coin for mining is decreasing which is also a reason for increase in bitcoin price.
As an average person we will always think of making good profits from any investment and we hope for the same from bitcoins too and that is only possible if you hold your bitcoins for a long term as day trading is very risky and you don't want to loose your money by making a wrong move so long term holding is better.
But i think that even there are so many people who are earnign a good money from short term investment. Actually it is depending on the interest of the people that either they are interested in short term investmet or long term invest, In short term investment one need to remin more active and msut have a very good experince only then it is possible for hime to make money from short term investmet.
I decide to sell my coins when I think I got the target price and I will earned from it, so I better check the price always.
To me i still do not have any tarket for bitcon selling, i am only holding my bitcoin which i have bought a year before, and still will continue holding it for next few years, because i am very much conrfident about bitcoin wihich is going to be our main currency in future, that is price will continue increasing and will surely give us a very good profit after some time.
After loss, I wouldn't keep investing mindlessly. I would first take time to review what has happened and how I have contributed to it knowingly and unknowingly. I would then proceed to investing more intelligently.
It is very comon in trading that wnen a person lose a big amont of money, first he remain as senseless and always thinking about his lost money, but expeirenced trader always find the way now to recover thier lost money and for that they make new strategy and planning which can enable them to recofer their lost they have made in trading.