Bitcoin Forum
June 17, 2024, 04:24:41 AM *
News: Voting for pizza day contest
 
  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 18 19 20 21 22 23 24 25 26 »
121  Economy / Economics / Re: How to teach kids about Bitcoin? on: October 21, 2017, 12:43:29 AM
actually can, the first must be taught the basics only. It takes time and gradually to teach it, as this may be boring for most children. Because they have not really understood the actual functions and needs.
Its not boring for them really, it will be complicated instead. Even if you teach the basics you still need to teach them the foundation or the prerequisites of it, the knowledge in using computers or gadgets, proper language (grammar and stuff), blockchain, some thing like that. These kids will have difficulty in taking this into their minds. Well except for those prodigies, I mean they are more mature than other kids.
122  Economy / Economics / Re: Bitcoin reduces unemployment on: October 21, 2017, 12:34:16 AM
For an unemployed person if you know bitcoin then they will still get a very good income from bitcoin, bitcoin is obviously able to help the community become a person who has a very good income. So obviously, the bitcoin can reduce unemployment.
No does not reduce unemployment. It does not mean that a person earns money means that person is employed. It is very different really, you see you can only be called employed if the government are monitoring you income annually and taxing a percentage of that income. So, even if you earn so much in Bitcoin, there's no way they will tax you since Bitcoin is decentralized
123  Alternate cryptocurrencies / Altcoin Discussion / Re: Do Altcoins really have a future? on: October 20, 2017, 11:34:29 PM
Yes i think they will have a future.

There is a lot of nice tech and a lot more coming.
it is true that many new technologies and bright ideas are emerging. altcoin will continue to grow and will not run out or die.  new projects will continue to emerge.
It is indeed true, but most of the altcoins now are just basically useless at the moment. I mean there are so many new coins that are still emerging but they just always lack something that is why most of them are unsuccessful. I know they are just helping the cryptocurrencies to grow but that's not enough. We need more than that, if we are really planning to make a new coin then just make sure that it will go smoothly as planned, we don't want investors to waste their money just making this. It will affect more future coins, what I mean is, by continuously having this kind of problem, many investors will not trust new coins but instead they will just going to invest in a more familiar coin that has lots of reputation in their stashes.
124  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin money? on: October 20, 2017, 11:22:18 PM
I maintain that per these definitions, Bitcoin cannot possibly be described as "money". And further, I think that those who do describe Bitcoin as "money" are doing this community a disservice.

+1 agreed.  It's a commodity, a digital store of value.

For me it is. Money, a money that helps people to change their life even though someone calls it that Bitcoin is not a money but I for me I considered it as a money .
Why do we always see Bitcoin as money? Is it just because we can convert it into money eventually? That's just being a mere ignorant I par say. I mean, with the lack acceptability in lots of country, Bitcoin haven't progress that much, I mean it still doesn't have that kind of utilization that we always needed. I mean I know that few countries have already accepted as payment but then again, those countries have different rules and privileges in utilizing Bitcoin. So yet again, we broke the main concept of Bitcoin which is using it as freely as the man see fit.
125  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: October 18, 2017, 04:41:44 PM
Is a world-wide currency because there are folks employing it in whole lot of countries. For now handful of folks but is developing its foundation of customers.
The reason why it is a world-wide currency not because there are folks employing it in whole lot of countries but instead it the concept of Bitcoin itself. It was created that way, to be used by people everywhere and however they see fit.
126  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Sound Money? on: October 18, 2017, 02:48:55 PM
For me, bitcoin is money, but at the moment I have to exchange it for Fiat, because it is poorly developed in our country. it turns out that this is something between goods and money.
I think its not between goods and money, but the combination of both instead. I mean it can be a good since there are no current items or services that can be purchased by Bitcoin itself (despite few countries have already accepted this), worldwide that is. And this could be money because after you earned the currency you could convert Bitcoin to fiat.
127  Economy / Economics / Re: Bitcoin has defeated gold on: October 18, 2017, 02:26:40 PM
As the price of bitcoin is rising working day by working day it will be likely past the gold cost. This is what the foreseeable future of bitcoin will be before long.   
It already happened mate. Bitcoin is already at the peak of the mountain right now, the most expensive kind of investment, and much higher value than gold. Its not the foreseeable future now but, it is the current state of Bitcoin right now.

Maybe its foreseeable future now is that it will continue on rising its value, and eventually it will be accepted in many countries and different privileges will be accounted.
128  Bitcoin / Bitcoin Discussion / Re: Why people are holding Bitcoin? on: October 18, 2017, 02:04:47 PM
My personal reason people are holding because i believe bitcoin is very good investment for long time future so people trust him bitcion holding long time money.
If we could just be as practical as we can be then, it is very simple, to make a lot of profit. Well imagine years ago this currency is almost second to none but now as you can see its value sky rocketed to the moon. And it obviously the current most expensive investment that a person could have.

For those people who hold on to this currency are definitely millionaires now.
129  Economy / Economics / Re: Bitcoin reduces unemployment on: October 18, 2017, 01:54:24 PM
no, because i am employed and why i am investing bitcoin? because monthly salary is not enough so i need to make more money or invest and i don't think bitcoin reduces unemployment.
For the most part you are right. It is true that regular jobs are not really enough to sustain the kind of living every person have to live to current economic state right now, you really need to struggle, well unless you are a boss or something.

But let me ask a question, what kind of invest are we talking about here? Is it really an investment like you are going to spend money to buy Bitcoin and then sell it in the right time? Or is it an investment of time and effort like, you are going to rank up and join some campaigns, translations, airdrops etc. to earn money?
130  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Wow everything is down today!! on: October 18, 2017, 12:30:00 PM
Profit sales started at BTC. But I do not understand why subcoons fall. They're all already low.
Well I think you should do your assignment more often. As far as I know the increase of value for Bitcoin affects all the altcoins, it will have a significant effect on it. According to the charts the buy and sale of Bitcoin would alter the altcoins. If analyze it more often you'll get what I mean to say.
131  Bitcoin / Bitcoin Discussion / Re: How to Become A Bitcoin Expert on: October 13, 2017, 05:18:44 PM
what do you want to be expert on ? bitcoin trading ? mining? how it works ? how bitcoin was created ?
Well if the author said that how to a bitcoin expert, then pretty much all of those things that you've said. You have to be good at any of those techniques, well especially in trading, I mean you have to make significant decision in order for you to have a lot of profit. But in other fields well, you really don't need to be very cautious, I mean that was simple really.
132  Economy / Economics / Re: Bitcoin has defeated gold on: October 13, 2017, 03:01:54 PM
I would like to know how BTC and Gold are compared. Checking only the price seems too simple.
Well yeah, if it is the price then it is too simple. If there could be something that might be compared between these this is that, is Bitcoin just like Gold, in a way that Gold has been called as a good. While Bitcoin for instance is called a cryptocurrency but its significance is not like of a currency at all. I mean they are treating it as a digital 'good' just like Gold. Well this might only be some misconceptions but hey, we can just conclude it that Bitcoin is both currency and digital good. But then again, it depend on what platform you're going to use it.
133  Alternate cryptocurrencies / Altcoin Discussion / Re: Alt coins worth buying on: October 13, 2017, 01:58:05 PM
Well,  bitcoin have stand the test of time;  wheather a boycott or jp morgan opinion. Btc is here to stay.  Still the best choice in the long run for me
Well, you are probably missing out other not as good as Bitcoin but still profitable coins. Like for example Ethereum, well aside from being in the second seat, Ethereum has been an phenomenal coin, by keeping its reputation as high as possible. And just to make clear in the ICOs and projects its quite popular since they forked a lot of token here. And also in the exchange, Ethereum really has a high price.
134  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: October 13, 2017, 12:54:05 PM
I'm honestly shocked by how many people are getting aware of BTC in the last few months...
Well because of its price, that's definitely the main reason why more and more people are being familiar with Bitcoin. If we are going to be practical enough when it comes to investing I mean, may people wanted to gain a lot of profit and to be honest its not that hard to earn Bitcoin, you just need basic skills in computer or other gadgets, then learn things that are related to Bitcoin and that's it.
135  Economy / Economics / Re: Bitcoin reduces unemployment on: October 13, 2017, 12:43:26 PM
I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world

What is your opinion this time?


What I believe is, that bitcoin is helping unemployed people to have a source of income, bitcoin has been a very good source of income for these people who dont have jobs or unemployed. Actually, even people with jobs are quiting their jobs because of the opportunity that Bitcoin has given to them.
So basically what you are saying is that, Bitcoin is only making it worse, to the government and other businesses I mean. Not only that, it could only increase the number of unemployed citizens, so it will be a big help for these individuals, but it will be bad thing for the government. This could affect the economy of a country, if you putted it this way, Bitcoin will either be banned or accepted.

If Bitcoin were to be banned, people will be forced to do regular jobs like they used to, since this people are not that economically wealthy to leave the country and find a place where they can continue this. But if Bitcoin were to be accepted then, they will coexist in a way that they will pay you with this kind of currency.
136  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin money? on: October 13, 2017, 12:14:59 PM
Anything that is invested is money. Bitcoin, like gold, is money. Invest now to become rich  Undecided Undecided Undecided Undecided
I have a question though, does money and currency differ to each other, I mean they are very similar.

If it is then, why do you treat Bitcoin just like a good or a digital good like gold? If Bitcoin is only available on the entire world then you would also admit that this is money and not a good. Because we could use in a daily basis.
137  Alternate cryptocurrencies / Altcoin Discussion / Re: Investing in ICO, still promising? on: October 12, 2017, 03:43:05 PM
This depends on the ICO project, many users who get huge profits due to join ICO, for example is the Notary Platform, when the ICO price $ 0.2 then 3 months later the price reached $ 6 although now down to $ 2.6 but still profitable.
So the most efficient technique to utilize is to hold those coins that you have earned and wait for the right price to have that value to get that large amount of profit that you always planned to get.

If we see the timeline of the project and ICO we can see that every month there is a chance of possibilities that the price will reach a peak value and it will almost have 100% profit.
138  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Sound Money? on: October 12, 2017, 03:03:14 PM
Bitcoin is a currency btw and every currency has own money. Why? because once you have it you can convert into a real money to country you belong.Banks also accept bitcoin whether you are Every where in planet. In that case it shows how bitcoin is very popular in online business,BitCoin basically A world Currency. Smiley
Well it is a currency and definitely you are right it has its own money. So basically what you're saying is that Bitcoin is not just a currency but a digital good as well? Because you've said that once you have it you can convert it to real money. I mean Bitcoin is already a currency we just misunderstood it, because the usage of this currency or the availability of usage of this currency is not that available.
139  Economy / Speculation / Re: Will bitcoin get back to it's first time value? on: October 12, 2017, 02:18:12 PM
Very much doubt it. I don't we'll see those low levels now people have seen it at this high. Bitcoin has had more publicity that ever since it's hit these highs
It will be impossible at the current state, because as we can see the price of Bitcoin have gone up and many investors have its interest in it. So it is obvious that it will go to where it's first time value is.

But if this would ever happen then a lot investors too will buy a lot of bitcoin and will have to try and hold them, to wait for the right time to sell them in a very good price and have a lot of profit.
140  Other / Off-topic / Re: Bitcoin is a good investment now, because... on: October 12, 2017, 01:35:29 PM
Bitcoin is good investment now because it is the easy to earn money...one of that is by crypto currency trading..were you can exchange different currency into bitcoin...another is cloud mining all you have to do is to invest..and last joining a campaign just post and follow the rules and you will have a bounty
Well you've pretty much mentioned all the easiest ways to earn Bitcoin, it will be like you're investing time, money, and effort. But there are other ways really, I mean there is trading and also investing to other coins. It is also good because it can give you a lot of profit, and if I say a lot of profit, it is what it is.
Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!