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141  Bitcoin / Bitcoin Discussion / Re: What makes Bitcoin valuable? on: April 23, 2018, 03:39:53 PM
In my own opinion bitcoin makes valuable because of its high value and a lot of people considering that bitcoin is one of the solution in terms of financial needs. Aside from that bitcoin is nontaxable, uses for online payments system and easier to transact from country to another. Bitcoin cannot be hacked easier and the security stricted.
yes true, bitcoin can help the economy and bitcoin a person make a lot of real money without any difference for those who want to try.
Bitcoin is seen as valuable due to it being decentralized. In my opinion, since it is non-taxed in some countries and away from the government, the demand for bitcoin increases thus increasing the value of bitcoin. Compared to physical money, it is easier to invest with bitcoin. However, the downside of bitcoin is there have been numerous scams with regards to bitcoin.



Bitcoin can really help a lot in the economy if given the chance to circulate. This will open a lot of opportunities and possibilities especially in terms of banking and finance. Bitcoin can be both an asset and investment.
142  Bitcoin / Bitcoin Discussion / Re: Is owning bitcoin a crime? on: April 23, 2018, 02:01:57 PM
Is owning money a crime? Because money facilitates the trading of such illegal things, too. If/when Bitcoin is regulated in your country of residence and you are obligated by law to declare any possession of Bitcoin but you haven't done so, then owning Bitcoin might be illegal.




Of course not. Why will it be a crime? Only those people who are skeptic about bitcoin thinks so. Even those who don't believe to what bitcoin can do. They have been close minded to innovations that bitcoin can bring to our society.
143  Bitcoin / Bitcoin Discussion / Re: Is owning bitcoin a crime? on: April 22, 2018, 04:09:42 PM
No

/thread



Of course not, many people are just really skeptical about bitcoin. They are easily affected and persuaded by negative news that is being circulated by the media. We all need to to realize that bitcoin is not illegal and so it is no crime for someone to have bitcoin.
144  Bitcoin / Bitcoin Discussion / Re: Is It To Late For Me To Buying Bitcoin? on: April 22, 2018, 03:22:51 PM
You could have said the same thing at any point of time since 2009.
Price reflects the Bitcoin's value. Timing the market and hoping for a drop is absurd.



No, let us not think that it is too late. Bitcoin is in its downtrend now so this is the best time to buy bitcoin. Values could be sold to a lower price so we better grab ours. Bitcoin price will surely hit again soon.
145  Bitcoin / Bitcoin Discussion / Re: Bitcoin is the digital dollar on: April 21, 2018, 12:56:28 AM
Not a dollar, but digital currency Smiley we cannot compare it to dollar, it is quite different system.




Well,this is indeed a possiblity. Bitcoin is a digital currency which could be converted to different fiat currencies. Why don't we explore bitcoin's possibility of spread and development in online transactions.
146  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Still Good to Make Investment in it on: April 20, 2018, 02:55:31 PM
As we all know, nobody knows tomorrow or can predict what the future hold. So the matter of Investing in Bitcoin should be personal Decision. First sit down and study market, remember is not stable at the moment but one thing I know for sure is that someone can still do trading with this kind of up and down in price. But you must be careful not to add greed. Presently 1 BTC is about $8k, check the market every time you will observe it only increase to $9k and then stop..then fall back to $7k, I think with the addition of $2k at the top is something good to used. But you must be careful on how you do your trading.



I believe it still is. Bitcoin has been doing well for a gew years already. This has become the talk of the town as a fad for some months and now it is having its downtime but I believe bitcoiners must not worry so much about it because bitcoin will surely recover
147  Bitcoin / Bitcoin Discussion / Re: Anticipation from the future ? on: April 20, 2018, 02:27:27 PM
:)Countries are divided into 3 groups: those who ban bitcoin, those who will regulate it strongly and those who will give complete freedom to development. The second and the third groups us well be satisfied with. This majority. It's enough to survive.Therefore, it is not necessary to look for negative outside of us. ; Smiley Smiley
I think, bitcoin will become more valuable in the second category of countries. because if a country can strongly regulate bitcoin, it can result in bitcoin being more appreciated and better in the future.




Bitcoin will be so useful in the future. Countries will be able to realize its worth and this can possibly give way to a cashless society that many are looking forward to. Bitcoin has been changing lives and I know it will be so with many in the future.
148  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Still Good to Make Investment in it on: April 20, 2018, 01:48:29 PM
Think of all things that you can buy with $10,000 (car, 1 or 2 acres land and more..). Gold at $1350/ounce is a luxury item, so what is $10,000 when you can lose all your money ?

$600 will be the right price to look at Bitcoin.



Surely it is. Bitcoin has been doing good few months ago. It is quite doubting when its price suddenly goes down but I think it will go back to circulation soon. We cannot tell exactly when it will regain its price or higher but surely it will.
149  Bitcoin / Bitcoin Discussion / Re: Is bitcoin a better payment system? on: April 20, 2018, 01:06:01 PM
Bitсoin is the best payment system? Of course not! With such a low transaction processing speed, this can not be.


Well,this is possible. Bitcoin offers a faster transaction mode. This could be a possible payment system. There are a lot of ways to enjoy bitcoin that's why there are also a lot of possibilities that bitcoin can offer.
150  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin Ever Be Shutdown? on: April 20, 2018, 11:45:13 AM
I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?
To be able to completely shut down the Bitcoin network all Bitcoin nodes should be destroyed which is those computers that runs bitcoin client software and has a blockchain on it. It's impossible to do that since Bitcoin nodes are spreading worldwide. Other ways to shutdown bitcoin, If all people lose interest using it, All countries ban of using it, Government shuting down electricity and internet connections. These are all possible scenarios but highly unlikely to happen.



Bitcoin can be shutdown in the absence of electricity or of internet connection because bitcoin is powered by those. Bitcoin has grown already after a number of years, we must try to do something to improve it and not to abort it.
151  Bitcoin / Bitcoin Discussion / Re: felling depressed for holding bitcoin :/ on: April 20, 2018, 05:44:42 AM
i have 0.5 btc on my hand
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
 now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???

You only lose money when you sell. You have to remember that, to prevent you from losing money in the future. If the price goes up to $20 000, later this year, then you might say that you made a profit of $8000. <Once again if you sold it>

Unfortunately we cannot tell you what to do with your investment. A lot of people was in the same position last year, because they bought coins when the price was high and then they held on to those coins and was rewarded with a 800% profit on their investment.

You have to decide, Sell now and lose money or hodl and possibly make a huge profit. 



Not really. It is true that these days, a lot of negative news about bitcoin is circulating but I'm sure those who are holding large amount of bitcoin will not let themselves lose in their investment. Bitcoin will still rise one more.
152  Bitcoin / Bitcoin Discussion / Re: Who controls the Bitcoin system? on: April 19, 2018, 02:40:37 AM
The idea that investors are the ones who control Bitcoin is not a new idea. Multiple articles and blog posts have been written on the topic over the years.




Many people regard bitcoin as a bubble. Its creator is anonymous so who could be termed as its controller. If there will be possible controller,it will be those who have enormous amount of bitcoin. They could actually influence its price in the market.
153  Bitcoin / Bitcoin Discussion / Re: Why not compare Bitcoin with money? on: April 18, 2018, 08:05:29 PM
BTC is a peer-to-peer network and is thus backed by peer-to-peer trust. Take a look at what happened in India recently (the demonetization of 500 and 1000 rupee notes). One night the Prime Minister came on live television and said "all your money is now worthless", and like magic, it was. Millions upon millions of dollars in value evaporated simply because of one man's words. Where is your gold?

When it comes to bitcoin, no one man has such power. Fuck, Trump could go on live TV and say "bitcoin sucks" and we'd probably see a 10% drop and swift rebound. When you give power to the people - entirely, without someone to act as a central authority or deity, that is when you have a true miracle. Bitcoin is that miracle, and fiat's got nothing on it.


Bitcoin will be used online while fiat money will be used offline. Money's value is set and constitutionalized while bitcoin's control is undertermined. Bitcoin and money could actually co exist in the near future.
154  Bitcoin / Bitcoin Discussion / Re: Why you should focus more on saving bitcoins than selling your bitcoins... on: April 18, 2018, 02:36:01 PM
we all know bitcoin value on future will be expensive so we are all finding ways to get it. but same how we need money for are life so we are selling or spending bitcoin in my case i spend just i Small amount and i invest 70% but same time if  i knew bitcoin will increase the maximum prize and i have thought that it will down i sale it than buy bitcoin again if bitcoin reach maximum Lowest price so i always read about bitcoin expert post.



Undeniably, bitcoin is on its downtrend this time but it will definitely not stay as it is. Bitcoin wil surely recover and take its glory again. We should focus on saving than selling bitcoin because for sure we will reap our endurance in due time.
155  Local / Others (Pilipinas) / Re: If you know XIAN GAZA then go here. on: April 18, 2018, 12:35:24 PM
I've watch XIAN GAZA's exposé which is Xian Gaza is well known as a National scammer here in the Philippines, did you already watch it? He is one of those big scammers all over the world and some other companies using bitcoin to make goal successful. He took 34 million from multiple investors but unfortunately, syndicate also took it from him. Filipinos! you can also watch it here "https://www.facebook.com/xiangazaofficial/videos/271562803367794/?hc_ref=ARS69f9fWyDketSEUDhY6j6eMuAwba1qjLW78MajkFYPKoKqRyzukgxKmOch1czbpwQ" so you are also aware of those companies online that saying that if you invest in their site or something, your bitcoin will grow but the truth is, that is a scam, so be AWARE.
Here's what I know about Xian Gaza or Christian Gaza. He is from Malabon City and his family is well known in that City. His relatives are also a victim of his scam, meaning Xian Gaza also asked money from them but he did not return as promised. When he joined or invested in Bitcoin, he is totally clueless of what he is getting into, he is just there for the money. He may have knowledge about Bitcoin but that is after his money was taken by another scammer who promises big returns every month in Bitcoin.
Hindi ko alam kung talagang taga malabon yang taong yan. Ang mga nababasa ko lang ay sa Malabon PNP sya sumuko at sa Malabon din nilitis. Saka wala naman sa mga kakilala kong taga malabon na nakakakilala sa kanya. Kahit yung kakilala kong government employee sa malabon wala namang naligaw na nagngangalang christian gaza or xian gaza. Kung tutuusin naten, ang sabi nya kasama sya sa nagconceptualize ng scheme pero pati sya nabiktima? Parang may mali dun. Alam nya na scam yun pero pati sya biktima? Wag na sana sya magmalinis at sumuko na lamang sya kung talagang nagsisisi sya. Yang video na yan shinare ko na rin yan sa social media ko para makatulong kahit papano sa pagsugpo ng mga nagkalat na scammers na yan. Sana paigtingin pa ng gobyerno ang pagsupo sa mga yan. Wag sana sila maging protektor ng mga yan.
Yeah, I think most of us especially Filipinos must share his video so that our Kababayan's will be aware of this. I don't also want that this scam will take longer here and took some more money with some multiple investors, even small investors can save this.



Hay naku! that scammer na nagsasabi ng napakaraming negative about bitcoin. Anlakas ng loob magsalita ng hindi magamda tungkol s bitcoin, scammer naman siya by himself. Dahil sa expose niya dati napakarami ng nawala ang tiwala sa bitcoin.
156  Bitcoin / Bitcoin Discussion / Re: Bitcoin is the digital dollar on: April 18, 2018, 12:13:59 PM
I think it's not far if i say that dollar and bitcoin are actually the leaders of their platforms. What's also crazy is how this forum served as the source of consumers and a big factor in increasing the acceptability of bitcoin by people. Really the  design and everything about this  community is genius.   
Yes bitcoin  is a digital and a cashless  a electronic  currency no hassle a fastest way the earn money



Well, hopefully. Bitcoin is indeed a breakthrough. It is viewed as a glimpse to what many are hoping for, a cashless society. Bitcoin these days has been approved to some countries, some fastfood, and some travel agencies worldwide. Hopefully, this will be widespread in the near future.
157  Local / Pilipinas / Re: Apat Na-Uri ng Bitcoin Investors, Alin ka dito? on: April 18, 2018, 10:24:38 AM
Sa ngayon nasa pang apat ako dahil predict lang, risk or gambling talaga. Tyansa lang mangyayare pero sinusubukan ko ang pang una lalo na kapag nasa malaking investment na ang gagawin ko pero ang gusto ko is ung mga short term profit lang kasi minsan bumabagsak ibang project lalo kapag hindi na masyadong kilala or nasasapawan so pangit sa akin ang long term investment.


Well, I think nasa fourth caregory din ako. Hindi naman ganun karami ang alam ko patungkol sa bitcoin pero dahil investment ito ay nagsisikap din talaga ako na pag-aralan ang sistema para mas kumita pa at hindi mapunta sa wala ang efforts para dito.
158  Bitcoin / Bitcoin Discussion / Re: Hotels accepting bitcoin on: April 17, 2018, 09:13:57 PM
https://www.bloomberg.com/news/videos/b/4a0b16dd-6783-4dac-9fa0-76e923c9a774

According to this link, a bloomberg news site, it was mentioned that there are two hotels in LAS Vegas that accepts bitcoin as payment for hotels, food and drinks. If you want to visit this place as a tourist or to gamble and you happened to lost your money to gambling you can always use you stored bitcoins to get a room to sleep and relax and enjoy the food and booze.
If there’s a hotels accepting bitcoin all people who use bitcoin can buy a condo easily and they can buy it without any kind of paperworks.In some hotel is totally accept bitcoin as payment for their room , foods and drinks. I think in the future all hotels in the world will accept bitcoin as payment of their costumer and they can also trade there bitcoin in some company to get share in some big hotel like five star hotel and many more.



Well, why not? This just proves that bitcoin still has its strength. Bitcoin indeed is a good investment. I know that in the future we will have a lot to do with bitcoin, be it in restaurants, hotels, airlines. Let us just wait until bitcoin strikes.
159  Bitcoin / Bitcoin Discussion / Re: Bitcoin is NOT DEAD on: April 17, 2018, 08:10:43 PM
Obviously Bitcoin won't die. Just like the stock market, bitcoin too is subject to ups and downs in price. It is the belief of people that makes Bitcoin stronger. Every time the market falls, people consider it the right opportunity to invest and make money, and I am sure that a lot of people would take this low price as an opportunity to invest in bitcoin.
Also, going by the past trends, bitcoin usually upscales towards the ending quarters of the years. Even in 2017, it was the last quarter that resulted in such a high price for bitcoin.
So just sit back, invest, and then watch the market go up.




Absolutely, bitcoin will regain itself. This is just the time when bitcoin is sleeping but bitcoin won't die. Let's just treat it as a sleeping giant. When it awakes, it will surely shake the world. Just sit back amd wait until bitcoin strikes again.
160  Bitcoin / Bitcoin Discussion / Re: Getting tired of waiting on: April 17, 2018, 11:48:02 AM
Be more patient. You only really lose money when you sell it. If it is investment, it must be calculated in year. I now lose more than you

Well, it matters on what are we doing while waiting. Bitcoin is on its downtrend this time that's why we really have to be willing to wait until bitcoin recovers. Let us just try to look unto other possible investments.
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