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1221  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is better than Cash. on: October 21, 2017, 06:41:31 AM
Bitcoin is also better than cash because it is ACCESSIBLE for people in areas where the government acts in a domineering way, or oppresses its citizens financially.  Venezuela for example.  

Yes. This is one of the primary advantages of Bitcoin. It is extremely difficult for the government authorities to confiscate the coins. I will not say that it is impossible, as we have seen the FBI seizing coins from Silk Road, Silk Road 2.0 and the online exchange BTC-e. But it takes a lot of effort to confiscate these coins and if you are having only a couple of coins in your wallet, then no one is going to bother.
Even bitcoin is hard or easy to confiscate, it is still impossible for me to happen because there is no such a valid reason for the authorities like the police or fbi to confiscate bitcoin and other cryptocurrency because they are working good and there is no harmful activities including them because almost all the people are just using bitcoin and other cryptocurrency for profit or money.
It is a good reason that bitcoin cannot be confiscate by any other department or government nationally and internationally because bitcoin is a decentralized out of control cryptocurrency and if you have a private key of your wallet so your bitcoin is so much safe while cash me be stolen by thieves as well as a department or government can confiscate if there they need or want.

A chance exist here for bitcoin holders to earn from bitcoin because the price of bitcoin is much fluctuated within minutes of time while cash remains the same value for a long time until your government doesn’t take an action in favour of currency.
1222  Economy / Economics / Re: What will happened to bitcoins after one died? on: October 21, 2017, 06:13:41 AM
If the priv keys or wallets were not passed down, it will be lost FOREVER!

Make secured encrypted USB backups and let your loved ones know where it is placed at home + in a safety deposit box in a bank.

Different people have different thinking about these situations. May some people withdraw their investment due to non-runner and many can continue their investment in bitcoin if they have any knowledge and skills how to get earnings from this investment.

And is some one has the ability to join this forum and can make money from signature campaign then he will never quit because it is the source of earnings.
1223  Economy / Trading Discussion / Re: Bitcoin - time to buy or sell? on: October 21, 2017, 04:41:26 AM
Bitcoin is very hard to put down, if its having a down thread then be happy because its your time to buy bitcoin without spending too many. There are lots of people who invested in bitcoin so definitely its gonna go for a spike after the fall. So do not sell your bitcoins just yet, wait and be patient, you will not regret it.
Yes I agree with you. We should not be panic due to the fall in the price, and the reason is that we will see after some time the price will jump again towards its peak. More and more people are investing in bitcoin it means that they are buying bitcoin and due to large investments the price raise again. The fall was due to some annoying reasons but that all were for the time being. Now all set again.
1224  Bitcoin / Bitcoin Discussion / Re: Are We Dead Without China? on: October 20, 2017, 07:14:45 AM
First of all China didn't want to ban bitcoin but to regulate the exchangers and these are two different things. Second, China is big player but not the only one and I strongly believe that too much importance is given to happenings in China but this is not the only thing that determines bitcoin market, don't forget that.
I think that many people around the globe think that because China has great impact on the world economy and they have a lot of miners due to cheap electricity, bitcoin will die without China, but I don’t agree with this because mining has been started in many countries although electricity is very expensive like in UK, and the decision will never stop people to invest in bitcoin in the future.
1225  Economy / Economics / Re: Bitcoin successfully defeated China on: October 20, 2017, 05:28:39 AM
I'm quite sure China will come around because they have all it takes - name it, cheap electricity, population, enough icos. They won't like to be left out from the benefits of bitcoin. I'm thinking they would come back stronger and trying to regulate  or license whatever is happening in there jurisdiction as appertaining bitcoin and altcoins.
The bans on icos and exchanges were never about money, it was about controlling their citizens and even more importantly their money, they do not want to lose grip in their country and bitcoin allows the people of China to move their money freely and the Chinese government was terrified about this and that is why you have seen so many actions taken in the last days and weeks.
Yes there is no doubt that bitcoin defeat china and I heard that china want to bring back bitcoin when china banned bitcoin so some other develop countries accepted bitcoin and other countries are trying to accept bitcoin and if we see the price of bitcoin its also good then before and day by day his users are going to increase which is a good thing for bitcoin.
The issue for the Chinese is that maybe at some point in the future they will want to go all-in in bitcoin and when they take that decision it maybe too late, Japan has legalized bitcoin and they are already developing their own mining equipment so the hegemony of the Chinese in the mining industry may come to an end sooner than what we may have thought.
Yes I am very glad to hear this news that bitcoin has successfully defeated China. The banning of China on ICO and bitcoin trading was I think for the time being as they have already banned bitcoin in 2013. But after some time they allowed the people to invest and trade in bitcoin.

Now the same thing they have repeated in 2017. Nobody in this world can stop bitcoin because lots of people have invested and are investing in bitcoin.
1226  Economy / Economics / Re: BITCOIN misconceptions on: October 19, 2017, 06:58:54 AM
it's right of them and it's not wrong, their regular income is less than in this forum so it's very clear to leave it and join the campaign in this forum.
There is hardly any doubt in this thing that one can earn a very handsome amount of money and that by joining this signature campaign. As far as misconception regarding to that of bitcoin is concerned, the most common misconception amongst the people is that bitcoin is not like paper money and we cannot use it anywhere in the real world.
1227  Economy / Economics / Re: it is possible fiat currency will crashed? on: October 19, 2017, 06:23:36 AM
It's possible. It has happened before. Google Zimbabwe Dollars. They had to abandon the currency because of severe inflation. Things like this is exceedingly rare though, to the point that majority of posters in this thread don't think it's possible.
Everything is possible and inflation of cash is near because bitcoin has revolutionize the world and now everyone is showing serious concerns about their native currencies because they want the eases of bitcoin and as the more people around the globe will start using this mighty coin the purpose of cash is wiped out and this will happen in near future.
1228  Economy / Economics / Re: Bitcoin the new gold on: October 19, 2017, 05:51:24 AM
Bitcoin is called digital gold with reason, but it's not good to compa at e it with physical gold. But they have one thing common they are both mined.

Many are calling it now as the new digital gold and I preferred to call it that way before even I don't read people calling it here it's a new gold of the modern age. I agree with ya mate, we don't have to compare the real gold to bitcoin as they are in totally different stage of investment. Gold is a legend and many will still look at it as one of the best investment but for us who are into crypto's we can't deny that bitcoin is the best.
There is no doubt that bit coin is the best but the problem is this that real gold is available in every corner of the world and almost every person has the knowledge of it value while bit coin is valuable than gold and profitable than gold but it is not familiar in the common People Specially in these people who have no knowledge of internet.  So bit coin can be valuable than gold but socially it has no comparison with gold.

Gold is the most popular investment so wherever you go in this world when you mention gold they will be aware about it. The reality about bitcoin is this isn't mass adopted so don't expect that there's a lot of people that know bitcoin as of now but there will be the time that bitcoin will be reaching every people and there's a lot of community and society that will talk about bitcoin all of the time.
Bitcoin is far better than gold now in many aspect the strategy about bitcoin and gold is same that buy at low and sell at high because the man thing is its usage and its profit factor and bitcoin is leading in all aspects, bitcoin price is same all over the world and anyone can buy and sell at the same price more of it profit rates are very high that makes bitcoin superior than gold.
1229  Economy / Gambling discussion / Re: losing 50 bitcoins gambling on: October 17, 2017, 12:01:05 PM
That's a huge amount, even it seems like I'll never can betting up to that much amount in gambling, if it does. It's a  fatal mistake and there's will be got a big frustration's feel. Well, if it's I'm experiencing it, surely the first intention was to have a mature intention to stop doing gambling and never to touching it again, and I would keep trying to calm down as much as possible.. though it would have been difficult but nothing is impossible if we have intentions and keep trying moving to be better than ever.
This person must be by this time in hospital or taking sessions with psychologist on daily basis. There are numerous people who have not seen such a big amount even in dreams and this person lost it in gambling. This is the reason why I hate gambling.

This game is totally luck based. You cannot use your knowledge and experience effectively to make money. May God help him to get out of this mental trauma?
1230  Economy / Gambling discussion / Re: Gambling loses and wins on: October 17, 2017, 11:32:02 AM
Well that's it. Greedy always yields bad results, in any case. Setting targets maybe a good choice so we do not lengthen throat for dreaming become big winning.


Before starting gambling most of the gamblers will set their targets but the problem is it is difficult to stop when you reach your target. Only a few people can do that successfully and most of the gamblers will stop after they lose all their bankrolls. So self-control is very important to stop at your target in gambling.
You have discussed the major problem of the gamblers which comes out be ultimately greed. Greed is so much in these people that they don’t even get satisfied after achieving target. Instead of being thankful to the Creator of the world for making them able to achieve their target, they keep playing with intentions of making more money which results often in bankruptcy.
1231  Economy / Economics / Re: each state will create its own token? on: October 17, 2017, 11:00:10 AM
It's possible but its not profitable in some cases. For example, a third-world country tries to create a token just a couple of months after its launch it might fail miserably. Internet and Advertisement is key in every ICO. If one fails to do so then it is bounded for failure.
It is crystal clear that every country is highly impressed by digital currencies and the way they work. They are definitely going to attempt launching their own currency. Recently India has given a hint about launching her currency called Lakshmi.

But again the question here is whether these will be successful or not? You have answered it well and I also believe that it demands hell of publicity to make your currency popular.
I don’t think so that there is any need of creating its own token when we have such a wonderful thing in the form of crypto currencies. The way crypto currencies are making such a good reputation in this world, I must say that each state should encourage the usage of the coins present in the world of crypto currency. Introduction of their own tokens will not serve the purpose.
1232  Economy / Economics / Re: Can we totally eliminate all the banks in this world? on: October 17, 2017, 10:27:14 AM
What is the future of cryptocurrencies when all the government need to do is to close the bank accounts of businesses or exchange?

https://www.coindesk.com/bitcoin-businesses-face-bank-account-closures-in-singapore/

And who exactly is the government,who do they represent?Us,everyday people of course.
So the only thing to do is to start worldwide protests.When your freedom is taken away by banksters' and rich people interests,
so is your freedom and there's nothing else you can do.
World would anyway be so much better place without this prosperity sucking leeches.


I think we can not eliminate totally all the banks in the world because banks plays a big role in this world, especially in financing, loan, savings and many others. They have a full support to the government and it is  inherent in already in our society. In long run the banks will adopt accepting digital currency soon if fiat will disappear.
Banks are the basic necessity of any state and the people living in that state. There is no way that we can live in a society which is not having banks. This is not at all possible to eliminate the banks from this world, as it is the banks which play a very vital role whenever money is concerned. They are used by so many people for so many purposes. We can’t simply live without banks.
1233  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY][SIG] Moneypot X Signature Campaign (10 Day Blitz) on: October 15, 2017, 10:54:21 AM
Here is my addy : 1GiRJPuiJHHqaTZ38HdyLH1xD4VG4BhFp6
Thank you Moneypot team.
1234  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: October 14, 2017, 07:48:46 AM
yes I agree bitcoin is our savings in the long run. now bitcoin has become an investment for some people. but I also suggest to also invest other than bitcoin because a lot of coins are also very potential
Not only for some people, is bitcoin investment for everyone at the moment. People refrain from trading with bitcoin. Bitcoin is very expensive and we all know that it has successfully beaten gold in this race. People are rushing towards buying bitcoin for future purposes. They are storing their bitcoin in offline wallets and waiting for the massive increase in the value of bitcoin.
1235  Economy / Economics / Re: Why people scam on: October 14, 2017, 07:18:54 AM
I think there are some people who did the scam because they don't want to earn money the hard way or by working just want to be able to instant only. the possibility of them doing so because it could boost the economy which is less likely to get a job or it could just be a hobby of those scam developed by all means to earn money by twiddle malasan in fact it could be just a scam occur due to chance upon a person's negligence.
 
Some people are nonsense they don’t want to make money at their own they hire people to work for them and when work is done then they fled away with the whole income of other they usually victimize those people who eagerly want money in few time and this thing must be reported to cyber security and culprits must be put behind the bars.
1236  Economy / Gambling discussion / Re: lucky ! does it influences by a woman beside of us? on: October 14, 2017, 06:46:40 AM
I believe that in fact there really are such lucky women who can bring luck in a game of chance, but you need to learn how to feel what a woman can become your talisman.
Yeah there are people who have this charisma to engage the other person’s life and then change it being a lucky person for them. Same is the case if you are thinking of taking a woman and keep her beside you while you are playing then better it is, she is a checked lucky person for you, else you can’t believe what bad would happen to you.
1237  Economy / Trading Discussion / Re: When should we buy and sell? on: October 14, 2017, 06:13:01 AM
You can try to buy some bitcoin every week or every month. No matter how is the price. Then  just keep it for several years. You will get profit at  that time.
Yes, There is no specific price or time for buying bitcoin. Whenever you have money, go for collecting bitcoin as we all know that they are always increasing in prices. We never know when bitcoin is going to take next ride to the moon.

Holding of bitcoin has already made masses richer or even millionaires. No need to let go even a single opportunity of buying bitcoin if you want a bright future.
1238  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin cash on: October 14, 2017, 04:57:52 AM
What is your thoughts about bitcoin cash? Is this one going to die? Price saw the deep and going deeper should i invest in or stay away?
Its hard to say, hardly people are now supporting bitcoin cash after the crash of the whole crypto market.  I dont know about miners , there is a need for bitcoin gold supporters, people will misjudge it and crazy assumptions will lead to another market crash. Bitcoin is finally little bit stable after crossing 5000$ mark, common we would love to see it's price above that mark and maybe even more.
Prices are moving gradually upward and they will go more up if any of the major incident don’t occurs and this will be good for the sake of investors so that they have enough room to sure a good piece of profit as far as bitcoin cash is concerned that will also be more helpful as bitcoin is so welcome this new innovations and that will lead toward the development.
1239  Economy / Gambling discussion / Re: Worst mistake in gambling on: October 13, 2017, 03:53:55 PM
My worst mistake is when I was playing with credit money in the hope of getting a big win and then getting my loan back, but I lost everything and then I had to give all the salary for loan repayment Angry
with that then you also have to be careful again and always careful that you do not repeat your mistake in the future, let alone the capital that you use with the loan
Trying to recoup your gambling loss with a borrowed money can put you under real financial crisis. Thinking about gambling as a way of earning money is something very common in gamblers. I don't know how people come to this and it is also pretty obvious that he won't dare to take such a risky risk again in his whole life. Now he will be very careful with his capital.
1240  Economy / Gambling discussion / Re: Is it a sin to gamble? on: October 13, 2017, 01:48:04 PM
Logically speaking, gambling is not a sin because when you gamble you only risk your money as a result you can only threat yourself so we can't say that it is a sin. But from the religious point of view there is a notice that says it is a sin and their reason is that money from gambling is not deserved.
bring religion on this kind field i don't think it's a good idea. keep your personal faith like religion rules and something like that privately. gambling itself should be done based on your own will and full of responsibility , otherwise it could turn harmful and destructive. overall i think gambling are not something that bad , yeah i mean in general.

Of course it is in general because none is perfect, and whatever the thing it remains relative and admits defects and qualities. Otherwise I think that if it is about sin or goodness, the majority of people will think about their religion, however I did not do that and I gave all the existing approaches.
Gambling is a sin or not, everyone will react to this topic first concerning to his religion. Islam and Christianity prohibits it and these two religions have the most believers. Bible warns about the love of money because it considers it a root to all kind of evils and gambling triggers money love. I also consider it a sin because it has destroyed lives of many people.
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