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15661  Economy / Economics / Re: When do you buy Bitcoin ? on: September 27, 2016, 10:38:21 PM
The smartest thing you can do is buying bitcoins at the right time the right time i mean off course the time to buy bitcoins at the lowest price off course why would you buy right now if the price can be lower than this.

Yes that is the smartest way and the price today of bitcoin I guess is already acceptable to buy now because the price is not going to reach lower now. And if you are going to wait for lower price you are just going to fail because I believe that the price of bitcoin is going to increase dramatically and we are going to see that in future.
15662  Economy / Economics / Re: Should I believe in Bitcoin ? on: September 27, 2016, 10:33:37 PM
Yeah,you should because if you already don't believe,you'll soon discover the real power BTC possesses and all the possibilities it gives you

You should believe in bitcoin because it has statistically proven to be a very profitable share. If you believe in it and have patience and invest as much as you can then you can make great money and profit over the years
If he can't trust or believe bitcoin then leave into bitcoin world because he don't have space on the world of bitcoin for sure there are more profitable in bitcoin if he gonna believe it he should buy bitcoin now then starting discovering things on how he going to do to grow his bitcoin for trading and many more.
Buying bitcoin doesn't mean trusting bitcoin,maybe someone just want to save up their wealth to avoid crisis when actually they're not trusting it and it's just like gambling for him

I don't think so that they are going to buy bitcoin without any reason. And that is one of the reason because they trust bitcoin and many people are doing that since they are believing bitcoin that is going to pump in the future they are buying today and just keep on holding it for a long time while waiting for the price increase.
15663  Economy / Economics / Re: How to save money. on: September 27, 2016, 10:25:45 PM
we have some way to saving our money,
we can use gold, fiat currency, also bitcoin too.

the saving money can be use as investment too, in fact if our fiat get inflation or rising in the market stock it's can be called we invest our money in fiat currency in bank, not only save it.

Many doesn't want to invest in the stock market it's either they don't know how the market works and moves. It is just like investing in bitcoins and for me if you have a lot of money just leave the job to the bank and open a bank account to deposit your savings there. So that in no time you are going to have something to pull in your pocket.
15664  Economy / Service Discussion / Re: Dark marketplaces? on: September 27, 2016, 02:04:46 AM
most of illegal business are done buy bitcoin as a payment option as it is secure and anonymous.there are plenty of dark places at different parts with different criteria.place i am living also have dark marketplace where pirated cd/dvd are exchanged for something.so it is good to stay away from it.

Yeah, some secret shops on dark marketplaces having bitcoin as the payment for the transaction, because it's anonymous and easy for online transaction.

Indeed thy can mix it up so it gets untraceable, its easy for them and its also that they need to be anonymous for other people.
I think its a good option and that for some things its not even bad on such marketplaces.

Question is, who needs that? I think for the masses the part which makes your transaction untraceable is not handy for the masses. We want bitcoins to pay for things. That's it. Having the transaction being ultra dark/anonymous is a feature, but by far not the most important feature.

That is the feature of bitcoin that it is anonymous and you can't even try to trace each transactions. And that is why people in the dark market wants to use bitcoin as medium of payment for their transactions because they want it for their safety. They don't want people to know their identity and wanted to keep their identity hidden always.
All bitcoins transactions are recorded on the public blockchain and are therfore viewable and traceable to anyone that wants to start looking.
Bitcoin transactions are not annonumous.

So what I tend to believe is wrong that bitcoin is anonymous so if someone wants to look upon at your transactions it tends that it is just going to be traceable. But I guess that is just going to happen if some investigation is needed. But the ip address is not going to be traceable so what I am justifying is wrong from now on.
15665  Other / Off-topic / Re: When is it useful to borrow bitcoin? on: September 27, 2016, 01:59:09 AM
i think if we are really sure that the rate will be increase so high, then we can borrow some bitcoin into our friends and when the rate is reach the highest rate, then you can give what you borrow with your friends and you still have bitcoin in your wallet and you make a good profit that.

That is not a good idea and for sure your friends aren't going to agree that you are going to borrow without interests rate. And if your purpose is just like that for holding then don't borrow bitcoin. Better if you are going to buy a lot of bitcoins if your purpose is just going to wait for the price increase in able to get some profit.
15666  Bitcoin / Bitcoin Discussion / Re: Why do people use so many Bitcoin wallets? on: September 27, 2016, 01:44:58 AM
I was going to use only one wallet but now after reading many posts I change my mind and thinking to use many wallets is much better and safer for every user because its give some better security to user

Even though bitcoin is already anonymous but many are just thinking that they are going to be safer if they are going to use a lot of bitcoin wallets. Since it is free many can just create a lot of bitcoin wallets as they can. But most of the bitcoin wallets doesn't have bitcoins and it tends that it is just making the population of bitcoin grow.
15667  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: September 27, 2016, 01:37:27 AM
Investing in altcoins is the best thing to do at a moment so if I have 10 btc with me without thinking twice I will go for altcoin trading and start making regular profits.

I'm afraid that you can just make decent regular profits if you have at least 10 btc or so, no?
I mean, what's there for a poor guy like me? Who can barely make a single BTC.
thats true, in order to make big profit from holding or trading you need to have a lot of bitcoins to be honest

Sometimes I am thinking if I am going to stop trading but if someone is going to give me that 10 bitcoins. I am going to put 10 bitcoins for trading and 10 bitcoins for holding. Because having a lot of source of income is going to be a good way to make you rich someday. But that isn't enough you need to be hardworking too.
15668  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: September 27, 2016, 01:26:28 AM
Banks got too much influence to dissapear. They are on the sidelines fighting to stop bitcoin's trend. First claiming bitcoin as their enemy but now launching their own blockchain solutions. So yeah with them being so influential I doubt bitcoin can make them dissapear.

Banks are now getting scared that they have a threat and they can see it to bitcoins. And if they aren't going do something about it for sure many clients of the banks are going to shift into using bitcoins. But the chance of making banks disappear by bitcoin is not going to happen. Because the government is not going to allow that.
15669  Economy / Economics / Re: How to earn money with bitcoin ? on: September 27, 2016, 01:14:57 AM
In my opinion most of the channels that are open for earning some money with bitcoin, earning from faucets, especially with the now low rates, can be a very frustrating way to earn. Perhaps trading is the best option, despite the risk.

faucet is very low earning if we compared with the current rate, but in future if bitcoin price rising to $1000, i think 1000sat is a good amount for solving 1 captha Roll Eyes

you are right but there is no such faucet sites which pays 1000 satoshi per capatcha solve . in my opinion the best faucets btc earning site is freebitco.in but this site pays 225 - 600 satoshi only for solving per capatcha per hour . so i will suggest him to earn with two or three multiple accounts in different browser .

There are many faucets out there that pays 1000 satoshi, but it's not every hours, maybe every 12 hours. But yeah, faucets is not good for earn money with bitcoin, because the rates is really low.


Faucets are good for those who are beginners in bitcoins and don't have any other sources of earning it, but its true that current payouts won't add any value to your income.
thats true, but for older users i think it is better to do some trading in order to make money over time

Actually trading is also a good one to earn money with bitcoin. Especially, if you have big balance and want spend your money. Many experienced traders can earn up to 10% profit per day.
i think it is one of the best ways of making money because you can do it all the time and make profit

I believe it that trading is the best way to earn with bitcoin. But you need to have your own capital so that you are going to start to buy different alt coins. There are a lot of alt coins all over the market what you need to do is just go get some research so that you are going to know what are the potential alt coins that are going to pump in the future.
15670  Economy / Economics / Re: Is Bitcoins safe? on: September 27, 2016, 01:06:49 AM
Yes, Bitcoin is safe. It runs in block chain mechanism which even some banks are trying to adapt.
It shows how secure bitcoin is. Bitcoin prices are expected to raise high in future when fiet prices may even collapse

Definitely bitcoin is really safe and I think it is more safer than banks. And I know that no one is going to get to penetrate the network of bitcoin just to make some jamming and going to stop the bitcoin network. That is why I am keeping my trust to bitcoin and storing my bitcoins to my bitcoin wallet and going to hold it for a long time.
15671  Economy / Economics / Re: Best way to manage money? on: September 27, 2016, 12:57:18 AM
I think that you should save your money, cutting your spendings by only buying what you need. I think that's a better way to manage your money.

In theory this sounds like a very good idea. But in reality it is very difficult to save a significant amount of money, unless you are having a very well paid job, in addition to a few other revenue sources. Also, saving money is quite risky in unstable countries such as Venezuela and Ukraine. You will never know when your national currency is going to get devalued.

Well, you can save money and then change it into USD or EUR or any other stable currency you like. This way it's not as risky anymore. Another option is buying silver. You can't spend anymore unless you really need it (crisis).
of course you can but i think it would be way better to hold it in bitcoins to make profit in a longer run

Holding your bitcoins is going to be best way to manage your bitcoins. But if we are going to talk about management of your fiat money. For me you need to know the things that you are going to spent your money and have a list of them so that you are going to know how you are going to buy the things you need properly and you can save money with it.
15672  Economy / Economics / Re: Should I believe in Bitcoin ? on: September 27, 2016, 12:49:09 AM
Yeah, You should believe in bitcoin because this community is one of the best evidence that bitcoin is real and its getting bigger every day,week,month and year Grin. If you're not satisfied within this community you can go and make your own research but i'm sure it will become a waste of time because in the end you will know that bitcoin is one of the best opportunity which you can earn money easier than other Roll Eyes.
The strong support for bitcoin ecosystem must be this community. Without the users base, bitcoin would not have achieved this much bigger market cap and adoption rates. This community must be doing very supportive role for the growth of bitcoin and we can believe in to the future of bitcoin by being one of them of this community.
yeah bitcoin gets a lot of support right now and this support is only going to grow so i think it can make me some good profit

That is going to keep on growing if more and more people are going to believe bitcoins. And that is why we should keep on believing bitcoins because we are going to help the adoption of bitcoin. And if we are going to keep on supporting and using bitcoins the price is going to increase and people are going to get interested to it because of it.
15673  Economy / Economics / Re: How to save money. on: September 26, 2016, 02:19:26 AM
i think bitcoin is a good place to save our money, no people can touch or freeze it, but the unstable price make our value of bitcoin unstable too, in this case, it's like we invest our money at bitcoin not like saving in fiat.

Saving your fiat money with bitcoin is going to be in risk. Because of daily fluctuations of bitcoins price is not going to assure you to save your money and going to remain the same value. So if you want to save your money, it is better if you are going to go to your nearest bank and leave the job to their staffs so that you are going to get some interest too.
15674  Economy / Economics / Re: I'm not gonna sell any coin. on: September 26, 2016, 02:15:58 AM
I am saving it now as I don't  feel that it is the right time to sell, at current  price is not too high, in my opinion, but If I try  to have more patience I  can expect better profits.
I agree also hold some of my bitcoin in the wallet, I think that the price of bitcoin in a few weeks will exceed the price at today, so I still have confidence that I will continue to hold

of course the price of the bitcoin is going to become really huge and i think that it will make me some big profit

Most of the people are waiting for the price increase in the future because we are going to get satisfied if that is going to happen and we know that it is going to happen in the future. So if we are just going to keep on believing in bitcoins and going to hold a lot of it we are going to nail the profit in the future without doing hard efforts.
15675  Economy / Economics / Re: Is Bitcoins safe? on: September 26, 2016, 02:06:40 AM
Bitcoin is as safe as the user makes it.
There are many ways to make your coins unsafe.
You can invest in cloudmining, use weak passwords, be careless with transactions, store your coins at exchanges, trade into the wrong currency, and and and...
My point is that the unsafe part of bitcoin always sits in front of the computer.

also don't forget to use 2fa in each of your account, sms verification also a good way to make our wallet safe.
and don't use 3rd wallet for big holding, use full acces wallet like mycellium.
Using 2fa can really prevent you in some situations,it's really helpful and you'd better have it cause otherwise you may lose your coins
yeah I think if you want to use multiple authentication for all accounts you like using google authy, sms authy, or 2FA other, I'm sure anyone hackers will not be able to get into your wallet, and the whole coin you will be safe, so do not worry to invest in bitcoin


2FA's are really applicable to all of our bitcoin wallets so that it is going to make our bitcoins really safe. And for me bitcoins are safe at all because most of the transactions are always protected and no one is able to breach your transactions so I can really say that bitcoin is safe and I am confident with the bitcoin wallet providers.
15676  Economy / Economics / Re: How to earn money with bitcoin ? on: September 26, 2016, 01:48:35 AM
I think you can find a work were you will get paid in bitcoins, and you can also try signature campaigns, to earn some extra amount.
It's hard to find a work that paid via bitcoins if you find one of course it is a typing job on internet also where you earn cents by typing captcha codes etc ,but in real world i think you can't find one unless you have boss that uses bitcoins too or a company that mining a bitcoin.
you are right, i think the best way of making money might be doing cryptocurrency trading and thats it

For me trading is one of the best way to get good profit with bitcoin. But before you are going to enter trading you must have equipped with a lot of background in trading because if you are going to trade without proper knowledge then instead of earning bitcoin, what is going to happen is that is going to make you lose bitcoin.
15677  Economy / Economics / Re: Bitcoin or gold? on: September 26, 2016, 01:42:47 AM
iam choose bitcoin because very fast growth to my money

yeah bitcoin growing so much, people will get more benefit with holding bitcoin.
but that's not always in growing, sometimes bitcoin price will be down too, like some month ago aftter bitfinex get hacked

Me too I am going to choose bitcoin rather than gold because this is much more profitable with gold. Because I am going to choose gold the robbers are everywhere and they are going to monitor your moves if they know that you are going to have gold in your pocket. And for me bitcoin is more convenient to treat as investment.
15678  Other / Off-topic / Re: what you like best in Bitcoin ? on: September 26, 2016, 01:28:10 AM
for me Bitcoin allows me to hold some saving out of the banking system and the hands of the government.
yes, it's good. for me, that I love about my bitcoin bitcoin is to be able to get additional income from the bitcoin and altcoin trading, mining bitcoin, faucet, signature campaign, and many more. I particularly liked bitcoin

This is what I am liking also with bitcoin there are a lot of opportunity that is offering to all of us. So if you are a lazy person and you want to invest without monitoring your investment. What you just need to do is that you are going to buy some bitcoins or more and you are just going to do nothing but you are just going to hold it for a long time.
15679  Bitcoin / Bitcoin Discussion / Re: What is big problem in using of bitcoin on: September 26, 2016, 01:22:32 AM
As an investor I consider about price fluctuations ( sometimes Btc is pumped and dumped ) or blocks problem that make my withdraw transactions in slowly.
I think the fluctuation is not a problem, just a lot of investors and traders who take advantage of the fluctuations to profit quickly. so do not underestimate the fluctuations

Me too I don't think the fluctuation of price is not a problem because that is the main feature for having unstable value. As I am using bitcoin for a lot of months already. I can say that I don't have problems with bitcoin so far, because I am a complainer and I am satisfied with the service of bitcoin is giving so no problem with me big or small.
15680  Other / Off-topic / Re: What value does Bitcoin bring to you? on: September 26, 2016, 01:15:03 AM
Bitcoin helps to give me value by giving me a way to invest some of my time in something that generates me some money, while I would otherwise not really be making any money from anything. When I'm not at my job I typically try to generate some additional value in one way or another, and posting here just happens to be one option.

This is what bitcoin is giving to me either I want the way that bitcoin is giving me a chance to earn some bitcoins in a nice manner unlike in fiat money it is really hard to find a decent job here in my country because most of the companies are racists and they don't know how to value a single worker. This is what bitcoin is giving me, valuing me that I am important.
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