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1081  Bitcoin / Bitcoin Discussion / Re: How do you store your bitcoins? on: April 23, 2017, 03:15:43 PM
I only have a few BTC so I invested and the other Coins, hope it will be nice
This sounds good. I think there didn't any sense just keep such a small amount of Bitcoin in a wallet, it's never given you good profit while a good capital related to good profit in forward. So, focus to keep growing your Bitcoin through investment or altcoins trading must be the choice.

Trading is always an good choice to grow your coins but make sure that you withdraw your profits regularly and keep them safe in your offline wallet as keeping bitcoins on exchange sites is very risky as you never know when the site will get hacked or disappear which will result in big loss.
1082  Bitcoin / Bitcoin Discussion / Re: In what situation would Bitcoin die? on: April 23, 2017, 03:13:20 PM
digital things can not be killed. It bases on the internet and as long as the internet keeps surviving, nothing can harm it. Bitcoin prices may drop but It will never die. BItcoin will exist for a long long time

Bitcoin will surely exist for next 10 years as I don't see any competition to it till that point of time but not sure what will be the scenario after that as the technology gets more advanced then there is a full possibility that it can get replaced by some new technology in future.
1083  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: April 23, 2017, 03:08:59 PM
I am saving my bitcoins for future as the price of bitcoins will be much higher in future which can make me rich in future so I don't see any point in spending them at a moment as if I have to take additional benefits from it then I should save them for a long term.

I am saving for future but that future is always not that far, Whenever I have some bills to pay, or some emergency payments that needed to take care of, I usually convert some of my bitcoin to pay them, but I don't think that it can make you rich even in the future. I don't say that bitcoin will never increase it's price, but there are always some emergencies where you need to use it.

Its nothing wrong in using them if you are in need of money and its always better to spend our own money for our expenses instead of borrowing it from our friends or family even I sell them and convert it to fiat when I am short off money and I think that is the reason we are earning them so that we can spend them whenever needed.
1084  Economy / Marketplace / Re: Online Shop that accepts BTC on: April 10, 2017, 04:17:54 AM
Yet too many online stores that accept the bitcoin payments, if all online stores accept bitcoin will be much better means bitcoin already widely known by the general public

Bitcoin is not accepted at majority of online sites at a moment and that is the reason people are not aware about it but in future we will see many sites that will start accepting bitcoin and that will make more people aware about it.
1085  Economy / Marketplace / Re: Trading VS Bitcoin! on: April 10, 2017, 04:15:00 AM
Hi Folks!


Who do you think is profitable Trading bitcoins for other payment method or mining them

Everybody feel free to reply you're free  Smiley
As a traders I think we make more profit than miner's. Bitcoin has been increased in values since the inception and traders make profit either the price of bitcoin is going up or felling. And because of the fluctuations in bitcoin price traders especially professional make profit every days. Though trading is very risky compared to mining the reward worth it.

Trading is risky in primary stage but after spending enough time you get used to it and you can easily predict what can be the next movement and you will buy or sell accordingly and I think trading is the best way to grow your coins in quick time.
1086  Economy / Marketplace / Re: Do you have an idea to invest your bitcoin in offline business? on: April 10, 2017, 04:13:06 AM
I always wanted to have an small business that accepts bitcoin as a mode of payment but the fact is there is not a single person in my area who knows about bitcoins so if I start business I will not find enough customers who will be willing to pay me in bitcoins and that will make it unprofitable business.
1087  Economy / Marketplace / Re: How to make 1 bitcoin in a month or 2? on: April 10, 2017, 04:10:27 AM
Earning 1 bitcoin in a month is hard to achieve it takes time and effort to reach this amount in bitcoin. As long you have a big funds and you invest in a certain investments that gives big return of money. For sure you will earn this big of bitcoin.

Investing money in online investment sites is very risky nowadays as most of the sites are not legit and trusted and there is full possibility that they will disappear in future with your money so its better to start trading instead of investing it anywhere.
1088  Economy / Speculation / Re: Sell or wait? on: April 10, 2017, 04:08:16 AM
I would recommend u to wait and have patience till the price of bitcoins goes high more than 1500$ .well it seems a quite far away now , but it will happen in the nearby soon and then u can sell ur bitcoins

you are right that do not sell your bitcoin because bitcoin increasing its price everyday and i hope that bitcoin price will be rise 1500$ sooner and its time is very much better to hold your bitcoin.

That's right people will sell their coins at a moment only if they are in urgent need of money and if not then most of them will prefer to hold them for coming months and sell when it touches the price of $1500.
1089  Economy / Economics / Re: Is it better to save money or invest it? on: April 10, 2017, 04:05:53 AM
Its never good to save money unless you are looking forward to invest that money on other things. Everything that isnt invested is waste, life is all about making some money and investing it to make even more money.
yes investment is better as if someone will invest then he will get more money with increased sources of income for the investor and after that if someone will like to save then he can save his extra money and he will be able to save because of the increased income.
For me both? Why its because saving money is for the future if your money in investment is loss do you money again or called do you have plan B . Every invesment have risk so choose only that give you profit. Yes investing money is give you money so you can save money.Much better to invest 50% and other 50% for your savings.
I think using the saving is obligatory, you will not be able to collect your money if you do not have a plan to save. let alone the investment risk of loss. then the backup fund will be needed


Saving will always plan an role of backup in case if your investment fails in future so its always good to save money on regular basis to avoid uncertainties in future and it will play an helping hand when you are going through worst times in future.
1090  Economy / Economics / Re: How many Bitcoin do you have saved? on: April 10, 2017, 04:03:33 AM
I have saved 4 bitcoins
wow. you are so lucky that you've saved 4 bitcoins. earning and saving 4 bitcoins is not so easy. for most of people it is matter of years.
BTW how long it took you to make 4 bitcoins?

4 btc is a really a good amount to save as of now when the price of bitcoin is too high but if we would been part of bitcoin community in 2008 or 2009 then we would be having unlimited amount of bitcoins by now as at that time there were many faucets sites that were paying 1 btc every 15 minutes  Roll Eyes
There is not much of a point to think on what it could have been we must be glad that we are part of the community, bitcoin is not even 10 years old so we are still part of the early adopters, if bitcoin keeps increasing its value then obtaining 1BTC will become even harder as time goes on.

Even at current price its very hard to earn small amount of bitcoins and it will get even harder as time goes on and as price gets higher so I think we should not miss any opportunity of earning bitcoins at a moment as scenario will not be the same in future.
That is what i do now, i keep collecting bitcoin as many as i can because i know that bitcoin value is going to increase higher than we expect. And also i start to learn trading method which i know there are lots of users are being rich because of this method and i want to be one of riches people by doing that method in bitcoin.

Trading can give you fast income in compare to other methods of earning bitcoins but you should go into trading only after gaining maximum knowledge or else trading can also take away all your money in a single day if you don't trade smartly.
1091  Economy / Economics / Re: If you were in desperate need for money.... on: April 10, 2017, 04:01:21 AM
I am willing to kill a man, many men. As many humans or animals as you require - for a price. PM me for info.
'

LOL! Man! Don't be so harsh and ridiculous we know that being on a situation of desperately need in money is bad but it is more even bad and odd if you are willing to do this. Don't try to offer this type of service here, there's no such worth for a living thing to be killed and get paid by destroying and eliminating them in this world.

Yup and even if he earns money by killing someone what you think how long he can live freely in this world he will be surely caught by the cops and his rest of life he will be spending into the jail which will also spoil his image in the society.
1092  Economy / Economics / Re: USD vs BTC on: April 10, 2017, 03:55:48 AM
Bitcoin can never replace usd in near future as dollar is very strong and popular currency and it has support from the Government and it is the only currency which is accepted worldwide and I don't see that happening with bitcoin in coming years.
1093  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be replaced by another cryptocurrency? on: April 10, 2017, 03:46:48 AM
Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?

It makes no sense because Altcoins keep springing up but all of them one way or the other forks part of Bitcoin and if this scenario continues I doubt if any could replace Bitcoin but they can exist as good coins but not to take the place of the premier coin.
Yes as we know that bitcoin is the first and master crypto currency and all other coins are the copies of bitcoin then how can a copy replace its original. It is hard for any of other crypto currency to replace bitcoin and to become the first crypto currency of the world.

Bitcoin is like the founder of cryptocoins, there are many crypto currency out there because bitcoin. Without bitcoin, all cryptocurrency will never happen. But, i think bitcoin can be replaced by another cryptocurrency IF something bad really happen into bitcoin. Other popular cryptocoins will rise and replace bitcoin like Doge, eth, dash and many else.

Just look at the value of bitcoins and compare it to those altcoins and those altcoins are not anywhere in the list to compete with bitcoins so I don't think that any altcoin can be that powerful that can replace bitcoins in near future.
1094  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin money? on: April 10, 2017, 03:45:01 AM
I just heard bitcoin from reddit, I was curious what is it, and why its price continue to surge. I also read that the amount of scam in bitcoin is very high. But still I want to try to invest from it. I have a paypal and creditcard. How can I buy bitcoin? Please refer a not scam site.



It will depend on which country your are living in and which site is friendly for you to buy bitcoins as for me localbitcoins is the best to buy bitcoins as the chances of getting scammed on this site is almost zero so if your country supports this site then you can go for it without any worries.

I think if you are buying bitcoins first time, you should be very careful as people tends to scam the ones who are new in this currency. Always buy face to face or use escrow if you are buying online.

The above mate said about buying from localbitcoins and that site uses escrow services and that makes that site very trustworthy and you will never get scammed even if you are buying it for the first time and your money is totally safe.
1095  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: April 10, 2017, 03:41:34 AM
No, bitcoin can't disappear banks because banks is more useful than bitcoin for example in online purchases banks can process the transaction fast with low fee unlike bitcoin you have to pay the high miner fee in order to prioritize your transaction and wait for a block to confirm your transaction.
Also the government is controlling the banks, they have support from the government and the society. In my own opinion

Delay in transaction will not be permanent and that issue will be solved in near future so you cannot say banks are better only for that single reason as there are many drawbacks even with the banks but even people will continue to use banks as they don't have any other choice.
1096  Economy / Speculation / Re: What will happen when 1 satoshi is $ 1? on: April 10, 2017, 03:35:09 AM
When the value of Satoshi became 1USD, then a Bitcoin will have a value of 100 million USD (credits to my calculator Grin) but will this happen? I would think that the government or an international body will make their move in order to impede this type of event. This might cause chaos. Due to the very high value of bitcoin, many will attempt to earn just even a single one. Hackers will sprout everywhere, lurking, they will try their very best to hack bitcoin holders in order to steal bitcoins. Many forms of schemes might appear just to earn bitcoin. That is a type of scenario that the government will avoid and if that happens then it might trigger the total ban of bitcoin worldwide. All are just speculations, no hard proof but all are possible.

There will be no chaos and even government will not panic as how valuable bitcoin will be but it cannot replace the fiat currency. Government has seen some merits in bitcoin but they don’t consider bitcoin as a currency rather a valuable commodity that can be used a form of payment and nothing more. Thus even if bitcoin will have a 100 million dollar value the government will not panic since bitcoin will be still backed up by traditional currency.

Yeah fiat will always be the first choice of Government and the people and Government will never allow bitcoin to get on the mainstream and replace their major currency and bitcoin will always be an second choice of the people when it comes to using it as an currency.
1097  Economy / Economics / Re: If you were in desperate need for money.... on: April 09, 2017, 01:04:25 PM
I use to save some percentage of my earnings monthly for use in emergency situations.But if need a very big amount,then i would ask my friends or relatives a loan.But we should be careful in repaying these loans as it may even destroy our relationships if unpaid.I would try my best to avoid taking interest loans at any cast.

If you are saving regularly then you should increase the percentage of saving so it will make you to save more instead of spending on useless things and if you have saved good amount of money then you don't have to borrow it from your friends and family and that will keep your reputation intact.
back the funds will be needed when you are in need of emergency cash. therefore allocate more funds to save your money when you get a salary, do not use your salary for things that are not necessary

Saving is the best habit and if you have saved money regularly then it will take care of you in this kind of situation so that you don't have to depend on others to get money and may be your friends and family won't be able to help you out each and every time.
1098  Economy / Economics / Re: How many Bitcoin do you have saved? on: April 09, 2017, 01:02:29 PM
I still dont have 1 btc in my wallets. I dont want buy bitcoin and saved it. I want to get bitcoin that i did not buy. For now i just have like 1% of btc and i know i will get more from trading and investing.
i think if you have some investment for trading alt coin you can really make good profit from it. i think then you will be able to say that you have a good amount of bitcoin.
Yes I agree with you trading altcoins is good way for getting profit but the problem on trading
not all of the traders can make grow their bitcoin
and moshtly of them ending with losing money because of they doesn't know the strategy,
method investing on trading altcoins.

Invest in trading only after gaining some good knowledge or else results will never be in your favor as there are many people who treats trading same as gambling as they invest blindly depending on luck that price will pump on quick time but that generally doesn't happen.
1099  Economy / Economics / Re: Investing money on bitcoin..! on: April 09, 2017, 01:00:36 PM
Bitcoin has become on of the best investing item of this decade. It is very recommended for investors to distribute at least 10-20% of their portfolio's investment to Bitcoins.
The recent swings in Bitcoin price has shown that it has great potential to rise. When one gonna see yearly change, Bitcoin is non-stoppable since 2014, with yearly change from 30-100%.
So if anyone is surfboard investor, Bitcoin is best holding to go with atm and to make some good profits.

That is why I think it is best to really invest in bitcoin there are profit in saving up in it and there are profit in trading with it, I think other Altcoins really want to be like bitcoin for sure because of what bitcoin has attain for it self, I am using it now in paying my expenses and keep my internet up getting some advantage in your daily need with bitcoin is pretty much helpful for me.
yes that is right, i will always like to invest my money in bitcoin as the price of bitcoin is increasing continously  therefore i will like to invest more and more in bitcoin.
Don't be greedy in investing in bitcoin because if you are greedy and you don't do analysis then there is a high possibility for you to lose money because sometimes the price of bitcoin is falling down because of some bad news or progress. If you want to invest in bitcoin more and more, then you should analyze first what is going on and if it is a good time to buy bitcoin or not. Don't be greedy, control your emotions.

I don't see anything wrong in investing in bitcoins as price has always increased in long run so if you can hold them for a long term then there is nothing wrong in investing in it but make sure that you also sell them when price is allowing you to make profits.

me either because if we are trying to investing now and we are in stuck in high price, then we don't have to sell to make profit but we can use it to do trading bitcoin-altcoin, so i think our profit is from altcoin and we can increase our bitcoin for more. beside that, if we watch from time to time, bitcoin price is always in the high price in the end so i think its still worth if we are investing for now and save it in our wallet.

Yeah and bitcoin is an promising investment to make as price has kept on increasing in recent times and it will keeping on moving in positive direction as there will be many new investors who will invest their money in bitcoins which will take price to next level.
1100  Bitcoin / Bitcoin Discussion / Re: Why should people use Bitcoin? on: April 09, 2017, 12:53:54 PM
If i explain about bitcoin's quality, than a lot of qualities are here in bitcoin. But for me, the best of bitcoin is earning wise, I never see and hear about online good work except bitcoin. We could earn from it easily, if we have skills.
Yes Beside the thecnical things, there is a reason why people should use bitcoin. If people still use fiat it is not good because the inflation is make the value of it is decrease. By using bitcoin people will get a lot of advantage from it such as fast transaction, anonimity, no government control and the price of it that continue rising.

but unfortunately, in out there or in offline life, still many people is not use bitcoin for many reason and i think they are not ready to know bitcoin like us. but if in someday bitcoin is really famous and many country and many people is using bitcoin, i am sure that people in out there will attracting in bitcoin too.
Many people not in a level to use bitcoin in offline shops, because right now the acceptance is very low. Over the years people will understand and start using it. Usually the awareness is the lacking which has caused reduced usage. This will change when everything depends on technology.

Lack of knowledge in bitcoin is one reason for not using bitcoins. The other main reason is that bitcoins requires internet infrastructure to be able to use it and we dont have internet in each corner of the world.

Internet facilities are improving now across the globe but the unawareness about bitcoin is the major reason for people not using bitcoins as we cannot expect them to start using bitcoins if they have not even heard about it.
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