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1221  Bitcoin / Bitcoin Discussion / Re: Should I invest In Bitcoin? on: December 13, 2017, 10:55:11 AM
Should I Invest In Bitcoin?

Yes. I prefer to you to invest in bitcoin because we all know that in bitcoin life would somehow change in a sense that you will have a financial support in life. Based on my experience bitcoin helps me to support and to have some profit for me to able to help my family and buy things that I needed most and things that I want.
1222  Economy / Economics / Re: Your bitcoin experience, how did it started? on: December 12, 2017, 05:24:40 PM
I started bitcoin just a little while. But I heard about it last august. At first I was not convinced and I didn't think that I would be interested on such a business. But this month my friend brought out a brand new laptop and he confirmed that it was from his bitcoin income. So I was finally conviced and I made up my mind. It's okay for me that I won't make money wuick but I believe that waiting and posting and posting eventually will help me earn money. Thank you and have a great day.

At first I was not interested on bitcoin. I have red some about it in magazines, articles and I also heard about it to some friends yet it didn't enough to caught my attention. When we got into a vacation there's a friend of mine who is working on bitcoin thing and he showed me his earnings and how it helps him. And I was like, oh my god I want it. And then he taught me.
1223  Economy / Economics / Re: Is bitcoin now the strongest currency in the world? on: December 12, 2017, 03:49:11 PM
Bitcoin is now the strongest crypto currency in the world, it can not be the strongest currency since not everyone knows about it and in some countries it is completely banned.

Yes ofcourse. What can you say about bitcoin today that is very famous because of the value itself. We can see that bitcoin value is the who makes it more stronger, because of its value many people are likely to encourgae to work bitcoin so that they'll have a good profit or income and this reason is the reason why bitcoin is strong.
1224  Economy / Economics / Re: What coin do you believe will be next to bitcoin? on: December 12, 2017, 03:02:33 PM
As oart of the economy I want to ask

•What do you think is the next big thing? by means bitcoin is getting higher and people should now invest in like what they did before.

•What coin like bitcoin you should invest in? is it  bitcoingold? or the next coin that the developers will create

No. I believe that there is no coin that will overcome bitcoin today. Because based on how I see bitcoin today is that it is very strong in a way thay its usage today for the people are quiet very important. Bitcoin serves a support specially in financial for those people who doesn't have any jobs. And bitcoin actually the leading digital currency today.
1225  Bitcoin / Bitcoin Discussion / Re: Are you surprise by bitcoin price now? on: December 10, 2017, 04:42:16 PM
October 29, 2017 Bitcoin price ranges from $6,000 - $6,100 and today, bitcoin price is now $7,000. Are you surprise?

I think, if only those people who planning to invest in bitcoin manage to notice this sudden increase. I think there is a high chance that they will start investing.



Yes. Of course who wouldn't be surpised in that? Back in the days ehen I was started to earn bitcoin the price was very low and it was not used by many people but when the monts passed by slowly the value of it become high and I was like I need to earn this. And today I think I lost myself because my money was doubled and I ern good by just holding.
1226  Economy / Economics / Re: impacts off cryptocurrency on: December 10, 2017, 09:42:37 AM
what are the social and economic impacts cryptocurrencies have ?
and how will this affect third world and poor countries because of their limited access to internet and modern technology?

There are many impact of cryptocurrency to us. The main is that cryptocurrency makes every people more affresive and this digital money was the one who lead us because we want to earn good and become rich. Yes, there are also many posotive effect but as well as the negative effect of bitcoin today.
1227  Economy / Economics / Re: What if hard limit on bitcoin had been 21 Billion instead of 21 Million? on: December 10, 2017, 09:32:44 AM
Hello Peeps,

Here is a game theory question to question the rush and rash in bitcoin world.

The number of bitcoins is limited to 21 millions with 18 zeros in fractions. What if the fractional places would have been 15 instead of 18 and total coins in circulation would have been 21 billion coins with same generation span, do you believe that price would be same as now? By same generation span, I mean that generation per block would be 1000 times more than the actual so that the world get 21 billion bitcoins in same span as actual.

What if the fractional places would be still 18 with 21 billion coins in circulation in same generation span? Would the price be still the same as now?

Is number a problem?
Hypothetically, To correct the market behavior of mad rush towards sustainability, shall we create a new taxonomy say "TheCoin" which is 1000th of Bitcoin and convert  all exchanges and conversations in new taxonomy?

I think number is a problem.

What do you think?





---------------------------------------------------------------------------------------------------------------------------------------------------------
Disclaimer: I hold bitcoins. And working on new coins. I hate ICOs. I think privacy is overrated. I believe privacy is necessary but not always.

Ofcourse it is good and for many people it is a very positive but what if you didn't or we didn't control the rising of the value, yes we are so very excited and happy. But at the same time we also cannot control if it dumps. Yes, if the hard limit of bitcoin is about 12 bilion it is good yet it is risky for many people.
1228  Economy / Economics / Re: Bitcoin to be international currency on: December 10, 2017, 09:13:58 AM
If bitcoin to be international currency, what do you think?
You can use it every where and anywhere, without exchange it.
And how to use transaction with it, if bitcoin just crypto currency?
How many people like with this thread?

I thibk that is a good one because we all know most of the people today knew about bitcoin and they know that bitcoin can help them in every situation that they may encounter. I think the transaction thru overseas are quite fast and good. But I think it will be a problem in a sense of investing.
1229  Bitcoin / Bitcoin Discussion / Re: What will happen after all bitcoins will be generated? on: December 09, 2017, 05:01:41 PM
On the moment mining can be pretty profitable business, as mining pool is rewarded for block generation, so it is reasonable to spend resources on generation of blocks. But situation will change when all bitcoins will be generated. How do you think, how it will impact bitcoins? I see here many discussions with comparison of bitcoins and banks. Is there any possibility, that block generators will turn into bank-like institutions? As bitcoin users will still need new generated blocks to make transactions, miner authority could raise greatly, as they will be able to set their terms and costs. A government institutions could also try to take block generation under control with purpose to decrease anonymity of bitcoin users, for example by prohibiting mining activities without special license. What do you think?

I think if the bitcoin will somehow generated all in one day I think bitcoins are will likely to dump thr value because of its value. And many people will experience shortage of the fund of bitcoin. And will somehow be the problem of the community. But this is somehow  a good news to many because it will likely to have a good impact and change to many people.
1230  Bitcoin / Bitcoin Discussion / Re: What do you think is Bitcoin become legal in all countries? on: December 09, 2017, 06:21:05 AM
Bitcoin is legal by some countries but some countries still not accepting the bitcoin.
What you think is Bitcoin become legal in all countries?

It is good ofcourse because the coutries don' need to limit the use of bitcoin and don't make an act or move against it. Many people nowadays are into bitcoin by using it as an alternative way of earning but what will happen if it will be legalized in all country? Many people will become happy and they will be more satisfied on it and encourage to earn more.
1231  Economy / Economics / Re: Can Bitcoin also lead to corruption ? on: December 09, 2017, 05:55:38 AM
We all know that there is corruption everywhere, like in government or any other organization. Because of money, corruption can always happen with greedy people who always wants more money to them. Since bitcoin can be considered as money, can it also lead to corruption?

Yes of course. Because we all know that bitcoin today has a lot of impact in our society and we all know that most of the people now depends on bitcoin. And many bitcoiners are invest on in because they want a bigger income. Bitcoin is good in terms of value but will be bad if many people will going to be greedy and people may lead to corruption.
1232  Economy / Economics / Re: Will there ever be a Bitcoin Bank on: December 07, 2017, 11:20:54 PM
Does anyone on here think that there is ever going to be Bitcoin Bank, be it something which is centralized or something which isn't really doesn't matter. But I'd think of this as a company, or a union (like one of those credit union banks) where loans would be given out to people with trust, money is held, and so on and so forth.

I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.

Yes. I believe that someday there will be a bitcoin bank because we all know that bitcoin isn't that fsr from the reality tgat somehow it will be a option in oir currency. We all can see how bitcoin today is very progressive and very good in terms of different aspects especially financial so for me it is not impossible to get an bitcoin bank.
1233  Bitcoin / Bitcoin Discussion / Re: What's your biggest regret about bitcoin on: December 07, 2017, 04:16:30 PM
My biggest regret is when I got introduced to this back in 2012, I tried to buy £200 worth, the platform was down and I never bothered, just recently woke up to it again at over £4k per coin, it is a physiological thing where I don't want to buy at that price.

I remember my biggest regret about bitcoin is that one time I was once have a big amount of bitcoin then that time I do not usually know whatt is hard fork and then I realize that I lost a big amount the hardfork begun. I decided to read about it and then the next time the hardfork was announced I remember I began to sell bitcoin and then buy again.
1234  Bitcoin / Bitcoin Discussion / Re: Is there a chance for small time Newbies to buy bitcoins on: December 07, 2017, 03:52:10 PM
I am late entry into the crypto world. Is there is a chance I can afford to buy a fraction of bitcoin.

Today 0. BTC is around 1500 USD.


Is it still a chance it will go up. Please advise .





Now, the price of bitcoin was very high and it somehow reach again a new record today. It is not to late for the newbies to buy bitcoin because we all know that thevalue of it is somehow didn't dumping so I gues it will continue to rise up and somehow reach again another record of high value. We all know that most of the time bitcoin rises so I suggest to them to buy as soon as possible now.
1235  Bitcoin / Bitcoin Discussion / Re: shopping with BTC on: December 07, 2017, 12:20:10 AM
If we buy stuff with BTCand the company just sells it for cash right away, it's probably not good for the BTCprice.

What do you think?  Will shopping with BTC be good or bad for BTC?

I think that idea of using bitcoin in malls when you are going to shopping is a brilliant idea because we all know that people nowadays are into malls and most of the time they spend in malls just to kill time. And we also know that most of the people today are using bitcoin or have some savings in bitcoin so I guess if this idea will going to happen many will be happy.
1236  Other / Off-topic / Re: What's your way of spreading Bitcoin knowledge? on: December 06, 2017, 10:28:54 PM
Personally, if I'm in a coffee shop or any store with some people, I pull out my wallet and subtly show them my Xapo debit card. Then they get curious on what kind of card is that since it doesnt look like the usual Mastercard or creditcard. Then I explain it from there on.

What's your way of spreading Bitcoin knowledge? Smiley

Simple. I do spreading bitcoin knowledge by means of my friend. I used to tell them different news about bitcoin so that they also update on what are going on in bitcoin. And I also teach them the way I earn in bitcoin for I want to help them to earn too in order for them to support their everyday needs and in order to help their family even in small ways.
1237  Economy / Economics / Re: Bitcoin to be international currency on: December 06, 2017, 10:14:29 PM
If bitcoin to be international currency, what do you think?
You can use it every where and anywhere, without exchange it.
And how to use transaction with it, if bitcoin just crypto currency?
How many people like with this thread?

Nope. I think it is impossible because we all know that bitcoin actually is a secondary or option of people now in earning money yet we all know that bitcoin has a big impact on us as of today and many people actually earning it and making it as a currency in everyday life. But for me bitcoin will not replace our permanent currency because bitcoin cannot stand alone enough and we can't say that it is well safe now.
1238  Bitcoin / Bitcoin Discussion / Re: McDonalds to accept Bitcoin by 2018 on: December 06, 2017, 02:59:32 PM

I have doubt to believe that bitcoin will somehow accept to fastfood chain like Mcdo. I can say is that because this type of transactions isn't tgat good or right way in paying food. Somehow bitcoin is goo in terms of earning but not in terms of paying. But I believe that somehow in the future this will be going to happen and things might change and bitcoin will accepted in every country.
1239  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin really secure? on: December 06, 2017, 02:47:55 PM
Hello pals,
Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
I really appreciate if you  guys give me some answers

Yepp. For me bitcoin was very secured. Eventhough bitcoin is a decentralized currency we can all sure that it is not somehow will hack by others as well as it will not controlled by other people tht might broke its good image today. Bitcoin was reigning in our world for a long time and bitcoin has a very good and very brilliant image for us because of its value today.
1240  Economy / Services / Re: FastInvest Signature Campaign on: December 04, 2017, 05:51:13 AM
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