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161  Economy / Economics / Re: Is your bitcoin earnings enough for you to start a business? on: March 01, 2018, 01:55:57 PM
It is also one of my goals to invest and earn income from bitcoin. But since I have an office job that is not so busy, I can still manage my time in running both, so now I still have two sources of income. If you can not manage the time to do both, you should decide to choose one, so you can be more focused on what you do and what you want to achieve with the outcome of the job.
162  Other / Politics & Society / Re: Any idea for poor people? on: March 01, 2018, 01:38:23 PM
As we already know there are a lot of poor people in every country of the world, they surely do not have access to the internet and as the digital money is changing the world people are debating over the existence of real money all the virtual money. And as we know the government and the banks are printing more and more money which is reducing the initial value of the physical currency and all of this is going to be most painful for them. So now people are switching to the digital world so what should we do for the poor peoples should we make a system or let them take their life. I think if somehow we can make them literate then that is going to reduce the number of poor people in a country.

it's all just a matter of their lack of education or a lack of willingness to learn so they have to face a miserable quality of life. Try to think, how different people who have the education with people who do not have education in an effort to get $ 50? certainly very different, is not it? While those who are not educated have to drudge here and there, the educated people just need the internet to get it. That's the real problem.
We are here in this world full of opportunity out there and it is up to us how we are going to explore things out, we have no reason to become poor because a lot of job have vacancies and a lot of online job out there awaiting for us, so if you are still poor then it is your fault anymore.

agree, I also think that the poor people of this era are their own choice. I still keep an appreciation for those who are still working hard every day for a bite of rice than those who can only be begging at the red light while they look still able to work. Life is hard, we will not be able to live better just by depending on our muscle only.
163  Other / Politics & Society / Re: Any idea for poor people? on: March 01, 2018, 01:13:43 PM
As we already know there are a lot of poor people in every country of the world, they surely do not have access to the internet and as the digital money is changing the world people are debating over the existence of real money all the virtual money. And as we know the government and the banks are printing more and more money which is reducing the initial value of the physical currency and all of this is going to be most painful for them. So now people are switching to the digital world so what should we do for the poor peoples should we make a system or let them take their life. I think if somehow we can make them literate then that is going to reduce the number of poor people in a country.

it's all just a matter of their lack of education or a lack of willingness to learn so they have to face a miserable quality of life. Try to think, how different people who have the education with people who do not have education in an effort to get $ 50? certainly very different, is not it? While those who are not educated have to drudge here and there, the educated people just need the internet to get it. That's the real problem.
164  Other / Beginners & Help / Re: mining or trading??HELP ME!!! on: March 01, 2018, 12:44:51 PM
There are some important points you need to know to do one of them:
Mining needs:
- Capital for mining tools
- Basic ability of programming language
- Have adequate resources such as place
   and electrical power
Trading needs:
- Capital
- Knowledge of trading
- Experience & perseverance
- Strong mental
Both have a good level of profitability, depending on how you run it.
165  Bitcoin / Bitcoin Discussion / Re: Credit/Debit cards can end Paypal. Why not Bitcoin ? on: March 01, 2018, 10:06:44 AM
In the present day is rampant with financial technology. This forced the companies engaged in the field of finance either bank, paypal, or other protocols, inevitably have to follow the development of the era and the development of technology that growing very rapidly. Because if they didn't, they will sink one by one because they are not ready to face rapid technological change.
166  Bitcoin / Bitcoin Discussion / Re: What will destroy the bitcoin? on: March 01, 2018, 09:55:09 AM
Bitcoin appeared in 2009, eight years, the total value of the circulation of bitcoins up and down 200 billion US dollars. Bitcoin was declared "dead" by the media countless times. However, it is undeniable that the media has a huge influence. Therefore, with each media claim that "bitcoin is dead", the price of bitcoin will drop sharply. The magic is that every time Bitcoin is alive, its price has hit a new high all the way. In other words, in the face of so-called drug poisoning amateur media reports, bitcoin gradually developed "resistance", negative media coverage for the impact of bitcoin prices getting smaller and smaller. What will eventually destroy bitcoin? If there is a force that can destroy bitcoin, it must be human greed.

bitcoin is almost the same as democracy, where the people who hold power by way of trust in him. Bitcoin is popularized by the world's population who understand that this technology will have great value in the future, and with that trust capital, more and more people are adopting it, until the price can be as it is today. If you ask what will destroy bitcoin, of course the answer is its users. When no one believes in bitcoin, this cryptocurrency will be worth nothing.
167  Bitcoin / Bitcoin Discussion / Re: Another way to invest Bitcoin without Mining on: March 01, 2018, 09:14:53 AM
There are several ways to generate bitcoin, and if judged from the profit generated then the sequence is mining (not including cloud mining), buying and holding, trading, and bounty or signature campaign. Mining has the highest profitability than others. If you're looking for other ways than mining bitcoin, maybe you can try the second rank.
168  Bitcoin / Bitcoin Discussion / Re: Global Crisis, CRYPTOCURRENCY is in danger. on: February 28, 2018, 01:37:02 PM
I don't think that is the right way to look at it. 1 BTC is not worth $ 10k.  It is worth 1 BTC. We don't know what 1 BTC is worth, nobody does. My bet is that this is so revolutionary that if you want to express its real value in dollars it is way more than it currently is "valued" at. But who cares? When BTC takes over the dollar and fiat is dead anyway.

Bitcoin is not dependent on anything, and it cannot be stopped. 

Anyhoo, I think if fiat falls gold and bitcoin will thrive. Both are much more legitimate forms of money. Infinite supply digits on an SQL database hosted by a bank and honored with infinitely printed paper has no value.

All I want to achieve is own 1 bitcoin then I know I am sorted Smiley

sorry, I confess wrongly write the word 'price' that should be replaced 'value'. by the way, about your opinion that no one knows for sure what it is worth 1 btc. The reason is that bitcoin is just a protocol that still needs a benchmark to determine its value, and that's where the role of currency like for example dollar which benchmarks the value of the bitcoin.

which I really question here is, whether the global crisis will affect the price of bitcoin as the effect on currencies such as dollar and others.
169  Bitcoin / Bitcoin Discussion / Global Crisis, CRYPTOCURRENCY is in danger. on: February 28, 2018, 12:56:02 PM
There has recently been an issue predicting a 10-year global crisis, people are advised not to save a lot of money in the bank, and better to saving money in gold. Then the issue says that the value of the dollar will decrease significantly because the world exchange currency will partly switch to the yuan. If this is true, it will certainly affect the cryptocurrency that has been using the dollar as the main benchmark.
170  Economy / Economics / Re: Cryptocurrency on: February 28, 2018, 10:49:12 AM
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

the world must think how to make everything into paperless, and it can not be done instantly, it certainly takes a long stage and process. Whether it starts from the point, and finance, it is like that the world ahead. We are going into the age of digitalization. Very lucky if we can still live to see it happen, all transactions, work, and others are in the hand of the device that is currently called a smartphone and who knows what will appear in the future.
171  Economy / Economics / Re: Generating Passive Income on: February 28, 2018, 08:38:04 AM
Hey folks,

I realise that the simplest way to make a profit on crypto at the moment seems to be just buying and holding Bitcoin, but I'm curious if there are any coins or tokens designed specifically to generate ongoing passive income for holding them and if so, how they work?

Appreciate any replies,

So far, I probably would not offer a coin of any kind, but how to make passive income from cryptocurrency. "Mining". This can generate a definite income by simply spending capital to buy a one-time mining tool, and income will continue to be accepted until the tools we use are damaged. You do not have to do much because the work is a tool.
172  Bitcoin / Bitcoin Discussion / Re: Crypto ATM - Would you use them? on: February 28, 2018, 08:24:43 AM
Lately, I have been seeing many crypto ATM that converts cash into crypto. I am having a tough time understanding the logic behind such machines. I mean, why wouldn't I just go to an exchange and buy crypto? I see no added benefit other than the rather high fees being charged.

Would like to know if any of you have used such an ATM? If so, why?

If you have never used such an ATM, under what circumstances would you consider using it?



Some countries that have legalized bitcoin as a means of payment or a legitimate transaction already require this tool in order to facilitate its users in the purchase transaction cryptocurrency. Another case for countries that have not issued permission to cryptocurrency and even claim to not support the use of cryptocurrency in their country. If there is a crypto atm in a country like this, I'm sure the machine will not make a significant change to the public transactions.
173  Bitcoin / Bitcoin Discussion / Re: Why People Can Not Believe Bitcoin on: February 28, 2018, 07:57:10 AM
Hello Everyone.
Recently my friends Asked me. Now I can investment with bitcoin. I said my friends. Of course you can invest bitcoin without tension.
but my friends can not believe bitcoin.my friends tell me bitcoin price always dumping. It's will be got this scam. Cry
I got this boring felling with my friends opinion. Because I always believe them bitcoin about.
Bitcoin is the real king crypto currency world. Bitcoin will be never scam. It's not possible.  Embarrassed

this is not a matter of belief or not, but about whether he has long known bitcoin or is still new to it. Most of the newly acquainted cryptocurrency will not believe in the technology that is said to be the currency of the future. Especially to those who buy at $ 20k, it will be very hard to convince them that the price will come back, just a matter of time. So the conclusion is, people not only need the trust to bitcoin but they need to know bitcoin even further before decide to invest.

174  Economy / Economics / Re: You missed all the trains, not just bitcoin on: February 27, 2018, 11:48:09 PM
I have read many posts of people saying they are sorry to have missed Bitcoin. But I wonder if they realise that there have been more than 20 trains out there that could have made them millionaires.

They have managed to miss at least all these, some of them as recent as July last year. It is not that you missed Bitcoin, is that you (and I) just missed many many others Roll Eyes



NXT          2013-09-28            +1084215%
IOTA         2015-11-25            +418179%
Neo           2015-10-01           +354482%
Ethereum   2014-07-22           +265772%

And the recent ones...
Populous      2017-06-24          +12181%
QTUM          2017-03-12           +10091%

Be honest to yourself... you did have a chance!

Well, you better have been on board right now. The bottom has confirmed and the uptrend began. resistance persists at the point of $ 12k and the last support points to a point of about $ 9k, if this position continues, it is possible that in March there will be an increase of about $ 15k or even close to the last all-time high at $20k, but I don't think we could see a new ATH in a few months until June.
175  Bitcoin / Bitcoin Discussion / Re: Repeat it in History on: February 27, 2018, 10:41:19 PM
How true is the price of bitcoin repeat it in history. Have you also observed it or it may be coincident only. If that  so, this will be expected to happens in this year?

that's why people who have been know bitcoin for a long time think it's common to happen at the beginning of this stage. and they think this is an opportunity to open a good position. if this week holds on to the green candle until next week, it will show a big bullish potential. In the past year, Bitcoin has begun to rise significantly in May, so the probability of this year will be almost the same.
176  Economy / Speculation / Re: Do you trust chart analysts? on: February 27, 2018, 01:42:14 PM
Do you really trust chart analyst?lot of people predict bitcoin price with chart analyst.but i don't trust them.i think bitcoin price and other crypto price depend on supply,demand and NEWS.

if all the chart analyzes are right on the marks of course everyone who follows them will benefit, then everyone will follow the analysis, and no one will lose. it is a simple and unlikely scenario. Although sometimes a person's analysis is correct, it will not always be as described. Price movements are not influenced by the shape of the chart shown, but based on supply and demand.
177  Economy / Economics / Re: Banks admit they fear BTC on: February 27, 2018, 01:28:10 PM
they should be afraid of the threat of cryptocurrency that could make the bank less desirable. but instead of taking shelter under such fears, some of the world's banks decided to adopt cryptocurrency into the banking system so that they did not miss the digital transaction technology created by cryptocurrency. Similar things happen to online public transport that is currently marked. The public transport riders inevitably have to collaborate with the online system if they want to keep bringing in passengers.
178  Bitcoin / Bitcoin Discussion / Re: Arrogance of Bitcoin is its own main Enemy on: February 26, 2018, 10:37:37 PM
i have observed that now bitcoins arrogance causes its price drop

as soon as bitcoin looks too expensive, people start seeing bitcoin as some sort of arrogant cryptosect,

and the price drops, as will its popularity,

as soon as 12 000 USD are beeing reched again and people start speculating a price explosion again, bitcoin looks again arrogant for many and people will drop it

someone else expects the same?

regards

"Bitcoin is an arrogant technology", sounds weird to me. It's not about the bitcoin, but how the users in the world manage it as a digital asset, someone calls it a bubble. some people also think bitcoin is a tool that can make you a billionaire in just 1 year. Bitcoin is just a technology, and there is no arrogance in it that can cause its price to decline.
179  Economy / Economics / Re: When will Apple accept bitcoins? on: February 26, 2018, 09:58:50 PM
Apple is a big tech industry that can affect the bitcoin to a better position. They know their position and what's the big thing they could create if they adopt bitcoin, but I thought they have their own strategy. The last I heard, that CEO apple announced it had bought bitcoin in bulk, but then sold it back sometime later, on the grounds that the decision he made was based on the pressure of work.
180  Bitcoin / Bitcoin Discussion / Re: Why Media is negative about Bitcoin? on: February 26, 2018, 09:52:26 PM
Whenever a government announces to regulate bitcoin or cryptocurrency or whenever BTC price is in downfall, most of the media start to warn everyone not purchase or invest in Bitcoins.
https://www.bitex.in/a-class-of-indian-media-unnecessarily-damaging-bitcoin-reputation/


What is the reason for doing this? Do they intentionally do this so that even they can invest in Bitcoin and make some profit?


Probably for some purpose. They don't do it for free you know, there are some people behind the media that controlled the news. for example, there are certain individuals who are willing to pay for a medium to keep the media out of service for some time, or deliberately not to broadcast certain news, and some to otherwise. Therefore, you can not 100% believe in the media because it could be inside there already has a hoax element.
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