Bitcoin Forum
June 20, 2024, 06:20:15 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 [6] 7 8 9 10 11 12 13 14 15 16 17 »
101  Bitcoin / Bitcoin Discussion / Re: Do you actually use Bitcoin? on: July 12, 2018, 03:03:44 PM
As far as I am more and more in it, I can do some conclusions.

1) People are mostly not using the Bitcoin (altcoins as well);
2) Crypto-enthusiasts are real enthusiasts only when the price goes up;
3) Even considering there are more crypto-companies appear which offer their services, and more people join our community - the level of crypto education and adoption is still very low;

Almost 95% of all people in crypto I know personally are holding or trading, but not using it to its functionality. I cannot judge anyone for this, but let's be honest - it won't bring you any money if you just will buy it and wait.

So, there is a question: "How much of you use Bitcoin or any other cryptocurrency to its full capacity?" I am curious about this because as for now it looks like there is only a small group of people making some contributions.


Yes, I actually used bitcoin for supporting my family in our daily needs or daily expenses. The primary usage of bitcoin for me are to support my financial problems. Also I used my bitcoins to have a business, I do all my best to become it profitable to secure the future of my family and to have a comfortable and a better life.
102  Bitcoin / Bitcoin Discussion / Re: Are bitcoins valuable? on: July 10, 2018, 12:54:00 PM
In the past and recently, there are some who say bad about bitcoin, that bitcoin has no real value, there is no guarantee of value and assumes that the price will be zero. But everyone should know that the property other things like gold, silver or even money in your pocket are valued by the trust of the people with the central bank. Some countries do not manage the currency like venezuela or zimbabwe paper money fell dramatically. To me, the value of bitcoin is trust in algorithms and trust for network consensus. This belief is very certain because the network of bitcoin is extremely reliable. What is your thought like?


For me the bitcoins is very valuable for me because it is my only source of income. Also the bitcoin are very valuable to those investors that invest here in bitcoin, they invest to earn more money here on bitcoin. Some of the bitcoin users are quit from using bitcoin because they think the bitcoin are falling now so they quit using of it.
103  Economy / Speculation / Re: HOLIDAY RUSH on: July 07, 2018, 04:22:17 PM
Last year, 2017, the price of bitcoin exceeded 20k USD in the market in the month of December. It showed as how can bitcoin can reach on its extremes and how the demand can affect it. Some people said that bitcoin this year can reach upto 30k USD! The demand for bitcoin is increasing when this last months comes. What are your thoughts this year on the prices when the Holiday season comes?


I think the demand of bitcoin increase because there are more people that needs money when holiday season comes. They want to earn money to visit, and to have a gift for their love ones. So I think the price increase also because the demand of bitcoin increases. The demand can help the bitcoin price increase.
104  Bitcoin / Bitcoin Discussion / Re: Crypto is For Risk Takers on: July 06, 2018, 01:00:13 PM
I seen lots of people are panic and selling and spreading FUD . But based on my experience people who really dare to take risk only won here .
Wise and daring investors are still searching for good potential coins to invest while its really cheap were greedy people are panic and spreading FUD
Finally people who dare to invest bitcoin even when the price of 100$ they created fortune here . Its completely daring and vision not at aall luck . SO if you are having real vision and want to make milestone in life then be here in crypto and support other wise please quit .


I think that is true. The crypto world are full of people that have a characteristic of being risk taker. Most of them use bitcoin to earn more money and to have a better life. They think that the bitcoin can help them to have a better life. Also the investors are using bitcoin to invest here to have a bigger earnings.
105  Bitcoin / Bitcoin Discussion / Re: Awareness is the biggest influence. on: July 06, 2018, 04:46:53 AM
So we all know BTC drops when people sell their coins... but the peaking is purely because of investments...

The mall in S.Korea that started accepting BTC as of this month played a massive roll in BTC's growth. Obviously this is because BTC's awareness is growing!

Surely there are ways to bring the awareness of cryto to the population.

Are there any other 'blow ups' of crypto that you have heard of? Similar to the mall...
What are you doing to spread the awareness? Smiley


People have a entrepreneur characteristics. More people that are risk taker. So if they aware to something that they can earn. They use it to earn money just like bitcoin. Many people are just trying it to prove that it is legit, when they prove that it is legit they use it to earn money because they have a characteristic of risk taker.
106  Bitcoin / Bitcoin Discussion / Re: What if Government bans Bitcoins? on: July 05, 2018, 10:29:54 PM
Looking at the decentralized nature of crypto-currencies,Wonder if govt bans Bitcoins in future??Is it possible let's say by blocking all sites which relate to Bitcoin wallets/payments etc over the internet.In that case what would happen to our existing coins held in those wallets??


When the government bans the bitcoin my should beome miserable, because the bitcoin only can provide my needs and wants. Also I can help my family in our daily expenses or needs because of bitcoin, So I don't want to lose the bitcoin. The bitcoin change my life so I don't want to ban the bitcoin because of the government.
107  Bitcoin / Bitcoin Discussion / Re: Why do people need to use Bitcoin for Money laundering? on: July 05, 2018, 04:13:15 PM
Between 2004 and 2010, HSBC laundered Billions of Dollars for the Mexican Drug cartels and nobody blinked an eye. After

7 years of doing this, they got busted and they paid US$1.9bn in fines. {This could be recovered in profits, within a few

weeks} Most people saw this as a slap on the wrist for the people who were involved with this. Not one person working for the

Bank got jail time for doing this.  Roll Eyes  https://observer.news/featured/5-years-ago-hsbc-fined-record-us1-9bn/

Ross Ulbricht, was sentenced to life in prison without parole for creating and running Silk Road, which allegedly facilitated

the sale of $250 million worth of drugs.

                                    Why are we seeing such double standards, when Bitcoin is involved?



I think why some people used bitcoin for money laundering because most of people are have a bad plan. Most of people using bitcoin for money laudering are people who don't want to use the bitcoin. It is one of the problem of bitcoin, because of some people do that to broke the image of bitcoin to other people.
108  Economy / Speculation / Re: the worth of bitcoins on: July 05, 2018, 02:27:53 PM
i came across bitcoin yesterday. i read the wikipedia article, the bitcoin faq and whatever else popped up on

google. i was immediatly stoked. i like this idea, and think the bitcoin has a future. reading forum posts about

thoughts on this new concept all pull up the same idea "it wont work because there is nothing backing it". i thought

long and hard about this, and i think i have it figured out.

first, an insight on currency in general. buying with currency, is glorified bartering. we used to like someones

cow, and trade two of our goats for it. to each of us, this was fair, and we each walked away with our new animals.

then the government stepped in and decided they deserved a cut of all transactions "to help pay for improvements to

the area they governed" to bring more people to their area, and make more money. they decided to use precious metals

as a base. it was in limited supply and caled valuable(maybe because it was shiny).

trading stuff for gold was the new "bartering". but people wouldnt wanna carry around a large amount of rock, so a

paper symbol was created to carry around called the dollar bill.

so now, we dont trade our two goats for that cow, we trade a symbol of the gold that the cow is worth. its bartering

with a tax

many people coorelate gold as the base of our currency, but thats very wrong. gold is only the base of the "value"

of the currency. the more money that gets printed, the more all money loses value.

bitcoin is not the currency. bitcoin is the gold. its currency is all currency. this could take us back to the roots

of bartering.  you can trade anything for bits. services, goods, any national currency, or anything else that could

be bought or sold with any bartering catalyst.

but whats keeping the bits in check? itself. they are slowly releasing bitcoins until 2017, at which time, there

will be 21 million bits in existance. thats the cap. no more will be inserted into the bitcoin economy. from then

on, the only fluxuation will be supply and demand. no inflation, no deficit, and no tampering. gold and bits will have the same limits of finite numbers

depending on the public acceptance, a cheeseburger could cost 10 bits or 1000 bits. my dream is for the

bitcoin to be in high enough demand to be the "credits" we see in sci fi movies. unregulated, and international.

ribuck from freedom radio said so much with one sentence:
In a free world, we need to learn how to evaluate the value of something to us, and learn to stop expecting others

to assign (and guarantee) a value to it.

bitcoins has a lot of potential, the way it reaches its potential is to prove to daily vendors that bitcoins will always have a value.


The bitcoin is very important for me because it change my life in the way of financial support. The bitcoin support me in my needs and wants also I support the needs and wants of my family especially to my younger sisters I pay their tuitions in their schools. So the bitcoin has a big worth for me.  Also if the government support the bitcoin it can help our economy grow, but the government didn't.
109  Bitcoin / Bitcoin Discussion / Re: How has Bitcoin changed your life for the better? (Those who bought <2017) on: July 05, 2018, 02:14:51 PM
In BTC around 2016. For me, it has given me a big step toward financial freedom. Frankly, if I could make do with a lower quality of life, I would already have enough for a few lifetimes. This is the biggest wealth transfer of our generation.

Bought everything I ever wanted  and can support my family very well. Grateful for all of this. This is not a show off thread but rather to share the positivity in a real way as there is too much negativity. 🙏🏻


The bitcoin change my life through money. The money that I earn here on bitcoin, I used it to support my family needs and want. Also I can be independent because of bitcoin. Before my life is not a comfortable because our house are made only in wood. Now I used my money to build our house to turned it to more durable than before.
110  Bitcoin / Bitcoin Discussion / Re: How does bitcoin affects your emotional and mental aspect of your life? on: July 05, 2018, 01:25:30 PM
Emotional and mental aspects are commonly interrelated to each other. It commonly deals with our mind and heart. They can't be isolated and one can't remain solitary. In mental viewpoint, it really enable us to think whether it will be great or not. Your understanding will going to test your passionate angle. Bitcoin's impact is interdisciplinary, along these lines what we feel, will be what we think.


Many people are using bitcoin, so I think they experiece when ever they are participating in any campaign sometime our post is being deleted. That is the cause why are mad when my post are being deleted because I could not have a stakes when my post are not enough so my post will be monitor. So my post will be recorded because it is not enough because of the post that being deleted.
111  Economy / Games and rounds / Re: [DAILY FREE RAFFLE] 55th JUST BECAUSE I AM STILL IN A GOOD MOOD RIPPLE COIN on: July 05, 2018, 11:29:15 AM
i'll take c
112  Bitcoin / Bitcoin Discussion / Re: How do we change the public's view of Crypto world? on: July 05, 2018, 02:23:03 AM
Guys we are very much aware how the crypto community through this great forum has helped most of us in terms of our finances but is so heartbreaking that the most of the public views only describes how insecure and unsafe the crypto community is. I do understand that cryptocurrencies are volatile and the issue of anonymity sometimes scares people away but y'all bear with me that if  crypto is explained to you and you really understand it properly you would not make wrong mistakes and get swayed away by panic sales or submit your private key as ethereum wallet address. Is it a public campaign or some other form of tutorial that we should organize to help explain crypto to the world because believe it or not the blockchain technology of cryptocurrencies is being admired by most organizations and some of them have decided to run their operations with the use of blockchain technology. What can we do as a community to help change the public view of Crypto?



We need to give bitcoin a high demand to help it to change the public's view of Crypto world. If we give a high demand on bitcoin, I think the public view of it and I think there are more people having a good life. Also if our government support the bitcoin in our country it will be a help for the bitcoin to change the public view. It is a good news for bitcoin users because it can help bitcoin to be strong and more powerful.
113  Bitcoin / Bitcoin Discussion / Re: Is it more profitable to Hold BTC or buying a lower price and selling at higher? on: July 04, 2018, 01:14:53 PM
hello experts,
                   Is it more profitable to Hold BTCBTC or buying a lower price and selling at higher?
Thanks,




I think that are more profitable is to hold bitcoin, because if you hold bitcoin you can earn more money. Also you don't expend more money in just buying low price of bitcoin. You just need to hold and wait the price increase to sell your bitcoins. This strategy is profitable, Also you can be able to relax and you don't have any problem where you can buy bitcoins.
114  Economy / Speculation / Re: What will be the future of Bitcoin will rise again on: June 30, 2018, 11:26:52 AM
Bitcoin enthusiasts are always eager to know what the future holds for Bitcoin Last year, Bitcoin’s price trends were creating a storm in the financial world, now that its price is falling, investors are very concerned. Bitcoin is highly volatile and this makes it a risky investment. At the beginning, investors should know every detail about Bitcoin and then consider whether or not they want to invest recently the crypto bubble is at its all-time low, but experts believe soon it will hit the magic $10 trillion figure. This is around 20 times more the present value.Good things come to those who wait, the same holds true for Bitcoin as well. Like many companies and businesses that were established powerhouses before and after the crash-Bitcoin is also no different. There is no doubt that digital currency enthusiasts are concerned about the recent price decrease, but it’s merely for few days, soon Bitcoin’s price will surge and break all previous records many people are eagerly waiting to invest in this new digital currency, especially since seeing the last price surge. As businesses and people from around the world are showing trust in this new payment system it’s value will increase without a doubt. Experts believe that the future of Bitcoins isn’t about its potential and limteless returns, but about the promise of creating a new currency for a better world and giving younger generations more options. It is a digital world where you can send, receive, and store digital currencies from your Smartphone in just a few, simple steps. It is a world where money is safe and easy to use, people can now trade with anybody and anytime. The allure of Bitcoin isn’t just about the money, it’s about the technology it brings to our world.


I believe that the bitcoin will rise again because the bitcoin is very powerful. Now, the investors have a good news because the bitcoin starting to rise so the taking the risk to invest more because they think that they can earn more. There are many investors that wait to rise bitcoin again to have a better earnings.
115  Economy / Speculation / Re: Why do we complain when the market is down? on: June 29, 2018, 07:16:47 AM
Ever since bitcoin price started dropping, most of the threads i see here are : is bitcoin dying?, will bitcoin go green again?, should i hold or sell? etc. I laugh when i see such threads. Every business has a window of opportunity when the market is ripe to enter. This is the time to invest more in bitcoin. Every good investor see every dip as an opportunity to buy more bitcoin and hold. The weak ones see dips and they start to shiver; selling all their bitcoins, even including their altcoins. Please community members, the way we are handling this drop in bitcoin will scare new members from even investing in the coin which will cause a further decrease in the price and the unexpected might happen. Let's have a healthy discussion about our coin even in hard times, and it will attract more people to invest and eventually pump the price again. Friends what do you also think?


We need a high price because we need to earn enough money for our family and to support our needs. We complain because the our earnings are becoming low it is not enought for us. We need to support our family because I want them to have a prosperous and comfortable life. I want to earn more money to secure the future of my little brother and sister. Thats why I complain when the market is down.
116  Bitcoin / Bitcoin Discussion / Re: Why everyone thinks institutions will buy Bitcoins from exchanges? on: June 28, 2018, 10:22:15 PM
I think most of big influencers in the crypto world, pushing regular people into thinking there will be a massive investments from big institutions over world.
I use to think with my own brain.
So, therefore, i see very big troubles ahead for normal people that think, watch, quote those influencers.

I just don't see how major institutions will rush to coinbase and make accounts and expecting to buy from there.
I give you 3 sources where they can buy, none of them involve exchanges and therefore, prices will be unaffected in first sentence.
1) They will buy in a hidden way from whales large amounts of bitcoins with a package cost.
2) They buy from confiscated coins from authorities that have from financial seizure
3) From companies that work through off-shore , especially from gov's hidden companies where the stolen bitcoins will go as a money laundering
 So, i am expecting price to go way more down in next 2 years. And guess what can happen when those institutions will sell their assets!
Yes, some small institutions might get their bitcoins in transparent way from exchanges.
So, the question is: how much you guys trust this technology?
Would you use it at 50$ / bitcoin? Would you used after you bought at 20k and hold it, if bitcoin would worth 50$? To my vision, i can use this technology at any price. But for major adoption we need a coin that not have a fluctuation more then 1% / year not per hour.
What's your vision about future? How much trust you are willing to give for blockchain technology?

I think if the bitcoin is supported by our government, I think some of our millenials especially students are using bitcoin because the millenials are more on gadgets so I think they can enter in the crypto world. So if the demand of bitcoin become high I think the government make their move to become the transactions become faster.
117  Bitcoin / Bitcoin Discussion / Re: Anyone have plan to make income on bitcoins :) on: June 28, 2018, 01:53:27 AM
Hey,

Anyone else to plan make income on bitcoins?

I think some veterans here in bitcoin have a their tactics. So I talk to some bitcoin users that have a great idea about bitcoin and used bitcoin for a long time. I think some of the bitcoin users are holding their coins so in that way they can earn more money than they earn when sell it if the bitcoin price is decreasing.
118  Economy / Games and rounds / Re: [DAILY FREE RAFFLE]JUST BECAUSE I AM STILL IN A GOOD MOOD 48.0 ETHERIUM COIN on: June 26, 2018, 01:33:50 PM
7
119  Bitcoin / Bitcoin Discussion / Re: Can We Finally Call This the DEATH of Bitcoin?!? on: June 25, 2018, 01:49:47 AM
The scammers and crooks finally won! Congratulations because even your fiat will be near worthless at some point too! The economic freedom of the people is once again destroyed by the animalia raised by bad handlers.

To the "Lending" companies (hey man, do you think I can get my money back soon), I salute you.

To Bitmain and "the plan", I salute you.

To Wall Street who always knows my future, I salute you.

To the newbie crypto-millionaires, who only like the part about making easy money, I salute you.

To the lower middle-class who borrowed all the equity in their homes to buy crypto and told everyone about it, I salute you.

To the SEC who will wait until every crypto is worthless to go after anyone, I salute you.

To the old school crypto nerds, who cashed out in 2017 when they saw what was coming, great job!


I still remember the days when getting anything over a 1% yield on a bank account was something to brag about.

One day I will tell my grand kids about the time in 2017 when everyone except politicians were happy and it was a joy to work at any job because you had real money that actually could make you more real money. Time to find the next bubble...


For me, It is not the death of bitcoin because I believed that bitcoin can recover and rise again. I have a big trust here on bitcoin so i believed that the bitcoin can rise again, many times that bitcoin are falling but it recovers again. So I have no doubt that the bitcoin can rise again and recovers from the fall.
120  Economy / Games and rounds / Re: [DAILY FREE RAFFLE]JUST BECAUSE I AM STILL IN A GOOD MOOD 46.0 PURE SILVER COIN on: June 22, 2018, 01:33:19 PM
6
Pages: « 1 2 3 4 5 [6] 7 8 9 10 11 12 13 14 15 16 17 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!