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101  Economy / Economics / Re: Bitcoin halving to be canceled? on: January 02, 2017, 02:13:43 AM
Halving should help BTC price move up (on the average through time).  Certainly The Halving likely contributed some to BTC's nice trajectory up in 2016.

Since a large component of an asset's value is the expectation of what it should be worth, it's interesting to me to wonder how much of that is because of fundamental economic law and how much is because of what people expected to happen because of an overly simplistic application of fundamental economic law. Appreciation related to the halving could just be a self-fulfilling prophecy, i.e. the price rises because everyone expects it to rise.
It was the hype that brings the price of bitcoin to rise, but somehow the halving helps because when people the price will rise they will do things that would help the price to rise. It's news driven so we have to pay attention with what is happening.
102  Economy / Economics / Re: How to teach kids about Bitcoin? on: January 02, 2017, 02:07:54 AM
I think kids can grow into crypto after they've understood basic principles of money and value of goods... but it would be interesting to have a resource centre on crypto éducation targeted at perhaps young adults.

Maybe computer science syllabus has already included it as it has already become an important milestone in computing.
Why would they include it in the computer science syllabus? The whole point of the computer science is about computer and not bitcoin. Maybe they can talk about bitcoin for a second in their class and move on but I don't think teachers will dedicated one of the class meetings just for bitcoin. There are far more important things that should be on the syllabus than bitcoin. Bitcoin is something that we learned by ourselves and not because of education. No reason to change that.
Maybe no, but teacher can teach about blockchain technology which have lots of potential in economic or IoT sector. The teacher might talk about bitcoin as well, but only just to let the student know about bitcoin in general.
i think there is no economic subject in the syllabus of children but as bitcoin is new emerging currency therefore the concept of the children should be clear about bitcoin as currency.
Only the government will set what should be taught in school, unless bitcoin will be regulated or the government will be interested to it will we can see that happening.
103  Economy / Economics / Re: Bitcoin to be international currency on: January 02, 2017, 01:50:48 AM
I thought by virtual of Bitcoin being a universal currency makes it an international currency as its already recognised world wide Smiley
I think bitcoin had universal, can be used by anyone, from any country you come from, if you can access internet then you can use bitcoin. bitcoin has become an international currency
It can be used as long as you know how to do it, because of bitcoin we are able to meet with different people thru online transaction, and the information has been pass easily, making all interested aware of the recent news about bitcoin. That is the reason why th eadoption is fast as evidence by the price increase.
104  Economy / Economics / Re: Bitcoin can not replace fiat on: January 02, 2017, 01:46:15 AM
Bitcoin have the big chance to replace fiat. Becouse people in some countries were change their money in to bitcoin to save their wealth when their fiat price is fall against USD. Those country need to import logistic that they have to pay with USD. So I think people will prefer like to use bitcoin than fiat.
yes it can be there is always a chance but i think still it will take decades because still a very little number of people are using bitcoin and almost all the people also depend on fiat, therefore it is not so easy to replace fiat so soon.
It will simply not gonna happen, bitcoin and fiat will exist and we cannot deny the fact that fiat is more powerful than bitcoin. Live with the reality, it's alright to hope for the best of bitcoin but we remain realistic in any way.
105  Other / Off-topic / Re: Who controls the Bitcoins? on: January 02, 2017, 01:38:42 AM
Decentralized currency means no one controls it. This is the beautiful thing about it.
While it is also giving threat to the government when it will become popular, they will not allow to engage their people in a non controlled activities as it normally create illegal activities.
106  Economy / Economics / Re: Investing Bitcoins? on: January 02, 2017, 01:32:23 AM
Now invest bitcoin is best to invest in own bitcoin wallet because because bitcoin is good for trade and it is grwoing now and it will be really popular in the world and it will maybe even change fiat currency in the close future maybe or maybe not.
It's typical that we always say good when the price is getting better, but the real investor will be tested on how he will decide during tough times.
107  Economy / Economics / Re: Invest your bitcoins. on: January 02, 2017, 01:18:36 AM
Investing bitcoins are my favourite hobby. I always invest bitcoin on forex trading, altcoins trading.
it helps me get more earning than anything else. Moreover , investing bitcoins is buying and holding bitcoins when it's down.


Me either , I like investing more with alt coins. I have an interest with forex trading but as of now I can't manage to invest for so many things. That's why I just focus myself as of now with investing to alt coins. And before buying an alt coin, I conduct a research and as well as looking at its road map if that coin has plans to keep on developing and innovating itself.
With altcoins, it is tantamount to gambling, it's either you earn big profits if you are lucky enough with your coins will pump and you could lose also if you chooses a shit coins.
108  Economy / Economics / Re: Best way for steady income on: January 02, 2017, 12:50:51 AM
The best way will be always make or open a service that works with bitcoins, like dice or casino or exchange, this are the current best earning ways to achieve a steady income, some are trying to build networks companies to maximize the high demand for free bitcoins, something we know that faucets does provide traffic and free coins.
to create a service, a company, a business, it will not provide a steady income for you dude. income will depend on the customers or buyers, one a steady revenue is to be employees
Having a business involves risk but if you want a steady income, working is better and safer. But people are not contented with small income so it's good to take the risk if your dream is to be rich.
109  Economy / Economics / Re: Reason why you should Buy bitcoin now on: January 02, 2017, 12:46:20 AM
I think, in a moment, the price of bitcoin will be back skyrocket. I believe, by buying bitcoin this time, I'm sure you'll be a big profit when the price goes up. Well, I already do not have the money to buy bitcoin in abundance for the moment, so I'm trying to produce them from trading. maybe I can produce them from gambling, but it was too risky. if you have money, then buy bitcoin for the future.
yeah you can see the prices continually on the move up and bitcoin volume continues to grow of course this will make the price will continue to rise. buy now I'm sure you'll get lucky. as soon prices will rise
So far, there's no sign bitcoin will not continue to rise, it's hell of success so far for the year 2016 and early this year we have hit the $1,000 level already. I think that's great enough even if we will stuck in that level for a while.
110  Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC? on: January 02, 2017, 12:38:14 AM
Since the price of bitcoin is rising per day it is a really risky en devour to purchase the coin at this moment but for everyone who get hold of the coins earlier they can diversify it in investing in the major coins which have higher volumes and higher valuation.In short trading is the best way to invest your coins.
Well i think it is not risky if you are not believing in the price increase you can get the price benefits for now i was same to you when the price is 700 usd  last december.. but i am wrong to say that its risky to buy in that time.. now i realized that it is always good to buy bitcoins because the price is unpredictable and i think the price will increase more because more companies and people are using bitcoin. .
Yeah man , i remeber when bitcoin price was about 500$ and then i said that bitcoin will decrease more and i did not belived in it , now i realise what a stupid i was because now bitcoin price doubled from that time
That is because we do not see the future, when some profit with the price, others also regretted now not to buy. I am it's not over yet, we can still make profit as the price seems to continue to rise.
111  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be replaced by another cryptocurrency? on: January 01, 2017, 01:26:35 PM
naaaaaa . bitcoin cant replace by any other cryptocurrency . if ever they can replace bitcoin , its ok bitcoin has done to it .

IMO, in future there is a strong chance that Bitcoin will be replaced with a technologically advanced crypto-currency. Bitcoin has a lot of advantages, but at the same time, it is having a few issues as well. In future, if a new crypto-currency is capable of avoiding these issues, then there is a good chance that it will replace Bitcoin.
yeah , you said true . I also found some disadvantage in Bitcoin bitcoin . That is confirmation system . There should be some rules like if we are not getting confirmation  , but we send/receive bitcoin easily .
So if such type of things will not fix in the  bitcoin , then may be it is possible that any new Coin came in the market and effect the Bitcoin position lot

It's possible but it's hard to take away the trust of the people with bitcoin. You can find a lot of better system compared to bitcoin, but look at bitcoin now, despite of the problems you have mentioned, the price is still rising.
112  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: January 01, 2017, 01:18:53 PM
I am fully disagree with the Bitcoin bank idea . Because if it goes successfully comes then it will destroy the job of many bitcoin trader . In my friends circle many of friends who are trader of bitcoin are in fear to loss job .
Because after comes of bitcoin bank people will make buy directly , and bank will make profit .
Don't worry it will not happen, bank is only for people who like to support a centralized system, bitcoin is the complete opposite, so it's close to impossible.
113  Bitcoin / Bitcoin Discussion / Re: Great way to make Bitcoin! on: January 01, 2017, 01:06:37 PM
How do you people that don't know how to make money eat?

Just curious.
We are actually talking here how to make bitcoin, I know people can find ways to survive in their daily needs but they are here hoping that they can increase their earnings.
114  Economy / Economics / Re: Spending Bitcoins on: January 01, 2017, 12:46:42 PM
Tripped over this thread and caught me.  Yeah there might be things you can not do with btc today but think of 2013 what you could use it for, then 2014....then 2015, dont need to go any further, i think we all know its just getting bigger and bigger and no one can stop this train.
Yes its getting bigger than the past. Keep earn and spend  bitcoin to support it. We can use bitcoin to buy product of microsoft, I heard that the corporation was accept bitcoin. Also so many country were regulated bitcoin as currency now.
Can you me exactly what countries regulated bitcoin, I would be glad to know if there's any. Please back with a legitimate information that I can read.
115  Economy / Economics / Re: Bitcoin or gold? on: January 01, 2017, 12:44:48 PM
Definitely, i would invest in bitcoin than gold. Even though, Bitcoin has just  crossed 7 to 8 years of its initial stage, still it has potential of reaching million dollars. I hope people who know its true worth will not even try to invest in gold instead of bitcoins.
Bitcoin is very likely that the price will be much higher than now. see bitcoin is not too well known necessarily bitcoin prices will continue to rise in accordance popularity. and if you want to be patient. investment in bitcoin bound to benefit
We can reach to the level that 1 bitcoin will be equivalent to $10,000 but it will still not surpass how valuable gold is. In the current situation, we just have to be happy with it and continue to earn while we can.
116  Bitcoin / Bitcoin Discussion / Re: Do Bitcoins have Tax?? on: January 01, 2017, 11:32:43 AM
Depends on the country you are living in. Many countries impose conversion as well as income taxes on Bitcoin. Which is not good actually coz the more governments interfere in Bitcoins, the less popularity Bitcoin will have. Undecided
I think of the opposite side, once the government interfere that means it has risen to the level of big popularity and they must regulate it as it has already threaten the them.
117  Bitcoin / Bitcoin Discussion / Re: Buying Drugs with Bitcoin ? on: January 01, 2017, 11:15:49 AM
Drugs are bought with Bitcoins just like any other currency. But what makes a huge difference is, Bitcoins are used largely for buying drugs. Its the main criticism against bitcoins. I dont know how buying drugs using bitcoins can be controlled.

This is quite irritating. Do you have any proof for your wild claim? IMO, less than 0.01% of the bitcoins are used to buy drugs. Many of the dark-markets are no longer active and those which are operational right now have reported declining revenues.
IMO, i do not believe the transaction of illegal activities are declining, bitcoin has been used for illegal activities and will continue to be used even though the government will do things to minimize it.
118  Economy / Economics / Re: Why have Bitcoin instead of cash? on: January 01, 2017, 02:44:59 AM
i think bitcoin have very stronger and powerful security and there is no tax on bitcoin and bitcoin is very useful than cash its transaction is very faster than other currency .
i think that the only reason behind this is that bitcoin is it is the need of the modern age, in modern age as most of the people are giving preference to online business and online buying and selling. therefore they are now accepting bitcoin as digital currency as compare to paper money.
As an investor who are engage into business, it is your duty to ensure that you are operating according to the law. What bitcoin can offer is to give us a faster and cheap transaction, but some of the features raises the attention of the government as well, it's anonymity is something that contradicts government rules for KYC.
What we can do is just hope that the government will not be so strict with the law about bitcoin. Choosing between bitcoin and cash is irrelevant as life would be happier with two will co exist.
119  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: December 31, 2016, 04:07:35 AM
No I do not think that we need something like that because of the fact that its something that is not needed for us right now.

I guess looking forward for the future of bitcoin, I think this s good idea to have a Bitcoin Bank but then the process must be like as we have now, where we can access to bitcoin as fast as we can not like what we have bank now.

Banking industry is already big and bitcoin made a difference, the current system which makes bitcoin popular will still be in the future, it will never change. Only the adopters will increase alongside with the big companies to take over the market of the increasing people. We can do banking without the need of bank, so the idea will not work.
120  Economy / Economics / Re: Investing Bitcoins? on: December 31, 2016, 04:04:16 AM
according to me , Investing bitcoins is that buying and holding it at the present .
it will bring you back a big earning after short term about 30-50 percent.
How fast bitcoin bring you back like this?
Surely you can never guarantee how much you can earn with bitcoin, the chances to lose are also possible so that depends on our performance how to profit now from our investment.
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