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101  Bitcoin / Bitcoin Discussion / Re: How many people were into bitcoin in 2009? on: November 27, 2018, 10:21:53 AM
As at 2009, I'm sure only a few people would be involved in bitcoin. it just spread to many countries recently like 2011 upward.


Exactly, that is what I was also thinking about. I believe the number would be far smaller, probably less than 1000. In every venture, it is not easy for people to accept it with ease when something new is introduced in any society and this has always been the case in many parts of the world.
102  Bitcoin / Bitcoin Discussion / Re: Is there a reason why Bitcoin has to be the crypto in the future? on: November 27, 2018, 10:14:13 AM
I believe it yes. Once they will be regulated by different countries, it will become true. But it will take time. There are many benefits of crypto over fiat.
Bitcoin can easily be understood by the populace with ease. I believe  more individuals would be much interested in accepting the use of bitcoin as a mode of transaction than any other digital currency in the world. Hence through some sort of regulations, bitcoin  would be easily appreciated and put to use.
103  Bitcoin / Bitcoin Discussion / Re: How did I lose money for Bitcoin? on: November 22, 2018, 07:58:28 AM
I started researching and investing in Bitcoin from February 2018, at that time 1 BTC was priced over 8k $, I bought 20BTC and then the price started rising. When looking at Bitcoin price charts in December 2017 I was very happy and thought I was lucky to invest properly! Then 2 months in March 2018, 1BTC was priced at over $ 11k, I was happy and decided to buy another 50BTC, I thought I would be a millionaire! But not! Then the price of BTC started to fall and I lost a lot of money! I was scared and did not understand why the price of BTC decreased! As well as buying BTC, I was fomo, invested a lot of money but did not understand what I was doing. Then I calm down and explore the market, and I realize that everything has its causes and rules! I started the trader and gradually recovered the lost money! I know a lot of people like me, invest their money without knowing what they are doing! I advise people to research thoroughly before bringing money to the market! And according to my personal opinion, the upcoming Bitcoin will drop to about $ 5k before rising again! invest your money wisely, it is your decision! good luck guys!
The  message was pretty insightful, I believe most crypto enthusiasts can appreciate this write-up and learn one or two things from the lessons given. Crypto has always been a long time investment to me, I believe if we are to concentrate on how best we can invest we would surely succeed in the long run.
104  Bitcoin / Bitcoin Discussion / Re: WAS BITCOIN CREATED FROM A PHENOMENAL TECHNOLOGY? on: November 22, 2018, 07:50:49 AM
I believe that  bitcoin is indeed created from this great and phenomenal technology which is the blockchain technology. However, there are still flaws  wherein there is  still room for improvement for such technology and still needs further enhancement to become perfectly usable to the users. More new altcoins are big corporations are now currently adopting the use of the blockchain technology because they are seeing good signs and success in using this technology.
The technology behind the creation of bitcoin is absolutely phenomenon. Am pretty aware of how  bitcoin has really helped propagate the good news of blockchain technology. This is the beauty of bitcoin, the speed of transaction and how secured one can easily track keep his/her funds.
105  Economy / Economics / Re: Portfolio on: November 21, 2018, 01:03:27 PM
There is no exact formula or rule concerning the amount of cryptocurrency or portfolio that you should hold in order to be successful. The world of crypto presents usc with many potential digital currency for  you to choose from, I believe is is up to you to choose the kind of cryptocurrencies you want to keep in your portfolio.
106  Bitcoin / Bitcoin Discussion / Re: Bitcoin legalized in Uzbekistan and Iran on: November 21, 2018, 12:51:21 PM
These are the kind of news we need to motivate us around this time when the crypto market is not doing well. The world of blockchain technology would be full of such great news in the near future and that is my greatest belief and hope.
107  Bitcoin / Bitcoin Discussion / Re: Positive news from US CFTC on: November 21, 2018, 12:45:27 PM
Looks like news background changes to positive direction.
This one comes from the U.S. Commodity Futures Trading Commission.
"CFTC Chairman Giancarlo comes out as crypto bull, says it will change the world and the world needs to get ready."
US regulators: Cryptocurrency is “a new chapter of economic history”
yes indeed, the big one is yet to happen, people are still unaware of the potentials crypto holds. hold on to your bitcoin and wait for the rainy day
The man is making alot of sense and he needs to be commended. We need such practical approach in order to push bitcoin and the other cryptocurrency to another milestone. I believe this is the right step to take for the masses to understand and appreciate the world of cryptocurrency.
108  Economy / Exchanges / Re: Payment method on: November 21, 2018, 12:37:52 PM
Bitcoin as a mode of payment  is far better  than most of  the payment methods that we have.  I believe bitcoin is doing amazing well, I can't wait to see most business ventures around the world adopting the use of bitcoin in their daily transactions.
109  Bitcoin / Bitcoin Discussion / Re: Trading Real estate for bitcoins your opinion on: November 21, 2018, 12:01:43 PM
It is a good step in the right direction, I believe we need more of such innovations to promote the world of cryptocurrency to the world. Real estates have always been with us and is an industry where many investors are always willing to put their money in. If bitcoin is associated with such viable industry then it is a laudable initiative.
110  Bitcoin / Bitcoin Discussion / Re: What are you worried about? on: November 20, 2018, 11:38:21 AM
My  worry about the world of crypto is the constant fall in the price of bitcoin and the negative news that comes along with the drop in price. I believe it has scared most people especially potential investors considering how people are losing money in recent times due to the sharp drop in the price of most cryptocurrencies especially bitcoin.
111  Bitcoin / Bitcoin Discussion / Re: The main reason for the bearish market today on: November 20, 2018, 11:24:22 AM
This year has not been a very good year for most crypto investors, there has been several negative news surrounding the crypto market which has not helped the matter. The world of blockchain technology would be full of such great news in the near future and that is my greatest belief and hope.
112  Bitcoin / Bitcoin Discussion / Re: Welcome To The Blockchain on: November 20, 2018, 11:06:26 AM
Nicely done! I hope you will continue to create these tracks. I liked it very much. Subcribing!
Great song with a positive message, we certainly need to promote it in the best possible way. Pretty good job from the creator of the job. I believe we need more of such songs to promote blockchain technology and bitcoin to the rest of the world who are yet to hear about the world of blockchain.
113  Economy / Economics / Re: Do you use cryptocurrencies in your daily life? Are they useful? on: November 20, 2018, 09:56:53 AM
In my part of the world, cryptocurrency is not much popular as I would have wished to happen. Despite this setback, I have some friends who understand the world of crypto so I can easily exchange goods and services with them without any problems. I believe cryptocurrency has been useful to me.
114  Economy / Economics / Re: Blockchain technology is not a trend on: November 14, 2018, 11:21:00 AM
If people understood blockchain technology and bitcoin very well the volatility wouldn't be so huge. People would invest with some understanding, patience and caution. Some of the projects utilizing blockchain technology should find a strategy to teach their investors about blockchain to give then a clear understanding of what they are actually investing in.
Blockchain technology is a broad issue and a whole topic on its own. No need to worry about the usual up and downs about the happenings in the world of cryptocurrency. My plan is to hodl my bitcoin and  hope for the best to happen. Patience is key in order to be successful in the world of crypto.
115  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a tax on: November 14, 2018, 11:15:39 AM
Bitcoin is just like any casino or lottery - it is a tax on stupid people who fundamentally do not understand that this is a game they will lose. It is tax on low intelligence.
You cannot easily relate bitcoin and taxation with ease. Bitcoin runs on the blockchain network which is so decentralization to the extent that taxation on transactions would be really difficult. Unlike the physical world, where the government has a lot of control over several activities, bitcoin is completely different from such issues.
116  Bitcoin / Bitcoin Discussion / Re: Bitcoin doesnt only consume too much electricity, it destroys the environment on: November 14, 2018, 11:09:56 AM
In my opinion, we are currently in a state of times full of sophisticated technology. There have been a lot of renewable energy that are environmentally friendly, indeed all technology is indeed not in all places. But I am optimistic that this can happen in the next few years. If analyzed, cryptocurrency is very suitable with the situation in the future, when technology is growing, we need financial transaction media that also have support. For me Bitcoin and Altcoin can be a strong financial system and also have many benefits compared to the conventional financial system at the moment.
The use of energy by industries such as those that are even used in crypto mining usually has adverse effects on the environment and even humans. In this technological era, as the world develops through the industrial revolution in technology, there is the need to preserve the environment from the harmful effects that the use of energy resources comes with.
117  Bitcoin / Bitcoin Discussion / Re: Bitcoin is considered as halal by Sharia Law on: November 14, 2018, 11:03:58 AM
Really this is very good news. With no banned for Muslims to play in the world of cryptocurrency will be very influential for the development of virtual currency.
There is no doubt about how bitcoin can really help the world of financial issues. I believe bitcoin is here to help us all regardless of religious beliefs or culture. There is no Haram or anything that is bad about bitcoin and this is the beautiful things about bitcoin so Muslims have no problems using bitcoin.
118  Economy / Economics / Re: Best ways to serve Country Economically. on: November 13, 2018, 12:13:07 PM
I think good leadership and a sense of patriotism from the general citizenry is crucial for nation building and development. It is an essential component which cannot be left out, without it all the interesting policies and points cannot be carried out effectively. Civilization also needs to be well incorporated in the minds of the people.
119  Bitcoin / Bitcoin Discussion / Re: How Cryptocurency can rule the world... on: November 13, 2018, 11:58:22 AM
The article above makes a lot of sense, I believe we can do more to make us  achieve the dream of promoting bitcoin and the world of blockchain technology to the rest of the world. I think we need a practical approach by allowing people to use the least amount of money to participate in ICO projects in order to ensure that crypto rules the world.
120  Bitcoin / Bitcoin Discussion / Re: Recently reduced transaction fee on: November 13, 2018, 11:44:20 AM
The essence itself of a cryptocurrency is low-to-no fees. Bitcoin had reached some critical fees level that had scared anyone who wnated to make transfer (even buy?). Many effort has to be done in order to make it usable when there'll be that huge amount of users.
Bitcoin has really help in making online transactions at a faster and with a very low fees. I believe that is one of the numerous benefits of the blockchain network. Basically, the transactions fees varies depending on the particular exchange or wallet that the transaction involves and this is the reality.
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