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161  Economy / Speculation / Re: What is the Bitcoin price after five years? on: February 24, 2018, 06:18:47 AM
No one can know exactly what the price will be. but many believe that it will grow very high. I think that there will be more than 100,000 dollars.
I defijitely agree with your first idea. No one here can depict what will be the value of the bitcoin after five years. Even though there is a lot of assumption still what is certaion is the bitcoin is still unstable.
162  Bitcoin / Bitcoin Discussion / Re: What if a person died with BTC!! on: February 24, 2018, 06:14:25 AM
Nothing terrible will happen. Bitcoins simply "will hang" in the air.
This idea also comes first in my mind after reading the question. I also think that the bitcoin will only be left out unless there is someone who the dead perso have given his/her account and access the bitcoin.
163  Bitcoin / Bitcoin Discussion / Re: Why do people want Bitcoin? on: February 22, 2018, 12:33:57 PM
People want bitcoin because is realy can change your life with high profit you can make with it when you invest in bitcoin and the price of btc will be higher
The people who want the bitcoin are the people who are enlightened what the bitcoin really is and what can it influence in a  life of a person. Bitcoin can be an earnings for the future thats why people want it. Everyone of us has its own reason for wanting a bitcoin but generally it is all about the finance.
164  Bitcoin / Bitcoin Discussion / Re: Why are they afraid of bitcoin? on: February 21, 2018, 12:13:29 PM
People who has no knowledge about bitcoin might feel afraid about it, some of them may heard bitcoin is a scam not knowing that if your in the right train in the bitcoin it will give you the freedom of financial. 

I agree with this point. In the world of Bitcoin, there is still a misconception that holding or buying a bitcoin has an involvement in scam. In the foremost situation, many people are not enlightened what the bitcoin really is. They do not know what the bitcoin can influence and do to their lives.
165  Bitcoin / Bitcoin Discussion / Re: I'm gonna sell my house on: February 21, 2018, 11:54:59 AM
I am sure we touched the bottom today. so i am going to real Estate Dealer for selling my house and buy bitcoin. I suggest you all do that


Now this, this is what I call a strategy.

A terrible one, not just because it could live you wiping your arse with banana peels for the rest of your life, but because in general it shows an attitude and a greed that only damages yourself, your family, and the community as a whole.
Selling my house and then invest my money in bitcoin is not recommended.it is a wrong and not wise decision.just invest your idle money eventhough not much.it is much better than selling your house or any other assets you have.
This is one of the decisions that is planned recklessly. To the point that selling your own house just to buy bitcoin, for me it is not a justifiable act. There are different ways to use in buying a bitcoin and selling your own house is not on the list.
166  Bitcoin / Bitcoin Discussion / Re: What to do if Bitcoin Price Crashes on: December 23, 2017, 02:37:57 AM
What would you do if Saturday Morning you wake up  and Bitcoin Price Drops to 0.89 cents?
Also I would love too hear opinions on what would it take for something like that to happen.
I imagine President Trump would have to outlaw bitcoin or something of that magnitude at this
point right  Huh Huh Huh Huh
or even better What would you do if Bitcoin Skyrockets too 2,5 million USD per Bitcoin  Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked
HOLY CHIP!!! I would Buy my own Island and make myself The king and have hundreds of children with my hundreds of wives
because I would immediately divorce This one definitely trade her in  for someone who doesn't talk so much blah blah blah .....
and is always moving my damm shoes Angry Angry Angry Angry Angry Angry
IF I PUT MY SHOES SOMEWHERE I WANT TO FIND THEM THERE IF I WANTED THEM IN THE CLOSET I WOULD PUT THEM THERE
If Bitcoin Price Crashes don't wait for it. Invest to other cryptocurrencies or other systems that is more stable. Don't be dependent on how bitcoin gives you amount to earn. Be resourceful to be ready if bitcoin crashes.
167  Bitcoin / Bitcoin Discussion / Re: Worried about btc future on: December 23, 2017, 01:11:13 AM
I see a lot of optimism about bitcoin, which is understandable seeing the price recently.
But I have to admit I'm a little worried about the long term future of btc.
The major problems if the currency still haven't been dealt with. I see 2 major ones:

-Block size. Which makes the delay and fees of transaction rise very fast. Smaller transactions are more and more difficult to make.
-The centralization of the market. China got low cost electricity, which make them by far the most bitcoin mining capable.
-And maybe others that I'm not aware of.

Another thing: The Hard forks that are oddly getting much more frequent than before. (BCH, BTG, Segwitx2 etc...) It almost looks like "attacks" in order to divide us. Now called "airdrops" by the community. Even though they're supposed to solve some of the problems.

All in all, this makes me really worried about btc future. I've been a strong holder since 2014, and I made quite a lot of money with bitcoins, but I begin to doubt now, even though the price is crushing ATM. Please help me keeping faith. Or should I switch to another currency ? Really thinking about ETH recently.
Bitcoin's price is low for now. This is really alarming especially if you invest on bitcoin when its in high price. It is a big loss if this price will not come high. Bitcoin's price should inflate immediately to rise again for the future.
168  Economy / Economics / Re: Cashless society on: December 23, 2017, 12:45:32 AM
Have you ever wondered how would the world's economy be like in the future as a cashless society?

Perhaps, with the increased traction of blockchain acceptance nowadays, could lead to the creation of digital fiat currencies powered by blockchains that are managed by governments themselves. With this in mind, there would be no need for physical cash, as digital fiat currencies would provide many advantages such as quick settlement, global payments, full transparency, implants use on citizens to make payments, and more.

If this becomes a reality, which I'm sure that it will, it would radically transform our lives for the better and reduce criminal activity as a result of the full transparency and auditability that a digital fiat currency would have thanks to the power of the blockchain technology.

Also, it makes me wonder if cryptocurrencies like Bitcoin would exist by that time, or will they co-exist with digital fiat currencies.

Nevertheless, I would like to know your opinion about this.  Wink
A society without cash. All we do is be dependent on cards, virtual ids and internet. This would be a technologically inspired motif. Wherein we can actually notice the rise of technology and the things to buy doesn't need physical money. You don't need to go out to buy. This would be amazing.
169  Economy / Economics / Re: Bitcoin can not replace fiat on: December 22, 2017, 11:17:06 AM
Yes, got you intrigued, didn't it?

Bitcoin is a very good thing to have as an asset. Just like gold. Even better if I may say. It's secure, and unlike fiat money it actually exists and work is put into it to produce it. This makes it great to store value.
However, it cannot and will not replace current fiat money that the entire world it using. It just cannot.
Take paying a cup of coffee for example. To pay your coffee with bitcoins, one must get bitcoins first, either by mining or buying bitcoins with other kinds of money (*cough*fiat*cough). It ends up being a quite complicated process, don't you think?
Until we reach the point where paying for a cup of coffee is as easy with Bitcoin as it is with cash, we will never get mass adoption. And as far as I see it, there is no way of simplifying the acquiring of bitcoins.
It is not yet predictable that bitcoin will replace fiat. But as we can see, the popularity of bitcoin is really amazing. The price is high and many countires accept it and legalized it. So maybe bitcoin can replace fiat.
170  Economy / Economics / Re: Is bitcoin a good way to invest your money ? on: December 22, 2017, 08:37:06 AM
I heard that bitcoin is a good investment for making a huge profit in the future , is that right ? Because i want to buy some bitcoin in these days .
Bitcoin i always a good way to invest on. If you invest in bitcoin you will earn doubled or maybe tripled. You can also help fellow investors because as many invest on bitcoin the price also goes high.
171  Bitcoin / Bitcoin Discussion / Re: what are the benefits of bitcoin? on: December 22, 2017, 04:41:02 AM
what are the benefits you get in bitcoin? And how those it affect your daily living?
There are many benefits if you have bitcoin. If you have bitcoin you have an instant bank wherein you don't need to file documents or papers to afford a growing money. It is also a way to the future cashless society.
172  Bitcoin / Bitcoin Discussion / Re: How to kill Bitcoin? on: December 21, 2017, 04:34:03 PM
Huh
I searched how to kill Bitcoin on the search box and saw nothing, so I'll just start a new one.

Is it true that miners are the one responsible for every transactions?
If yes; why didn't the government of China just ban cryptocurrency mining or am I just missing something out?

If there are no transactions or maybe just less than 10 made transaction happened within 24 hours, how will the mining computer work then?, will it just go idle?What if people decided to hodle their coins, will it be unfair for the miners?

 Huh


How to kill bitcoin? Kill the source of operations. Kill the "Internet". Bitcoin is operated through online transactions with the use of internet. If internet is deleted or devastated in the world. Then bitcoin will also die.
173  Bitcoin / Bitcoin Discussion / Re: Why invest in bitcoin on: December 21, 2017, 02:55:56 PM
why invest in bitcoin when u can invest in real stocks market?
Bitcoin is very different from real stocks market. Bitcoin is like a bank money where your invested money can grow without nothing to pay. It is easy to buy and easy to operate. In bitcoin money can grow while you sleep without having any thinking of bankruptcy.
174  Economy / Economics / Re: Can bitcoin improve the economy of a country? on: December 15, 2017, 08:57:12 AM

Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
Definitely yes. Bitcoin is in international currency the USD. Then if it is transferred to national currency it can help the countries domestic economy. It can help a country to be globally competitive.
175  Economy / Economics / Re: What makes Bitcoin to move this fast? on: December 15, 2017, 07:29:33 AM
Guys I'm wondering why BTC is moving this fast to up? With logic there should be  a huge amount of money flew into BTC market but I don't see any reason to  make this happen.

Is there any economic reasons about this massive flying to up? What are your opinions about this happenings? Huh
The demand on bitcoin and the investors are those things that makes this price hike very fast. As many people invest on bitcoin, the price will go high. So we need to encourage many people to invest for our benefits also.
176  Bitcoin / Bitcoin Discussion / Re: When you first know about bitcoin what was the price? on: December 15, 2017, 06:29:11 AM
bitcoin price is know over $11714.95 and growing,
share your knowledge/memory of the first time you know of the value of bitcoin was.
My first time knowing bitcoin it was valued at $200+. Smiley
The first I have heard bitcoin the price is 8k USD. I heard it from my friends who are inclined in internet gambling. But then I don't buy it because I don't have the money. But now I regret it. I should turn my saved money to bitcoin so I earned much.
177  Bitcoin / Bitcoin Discussion / Re: Why people sell bitcoins? on: December 15, 2017, 04:06:18 AM
Worldwide, especially in my place, must sell it for profit rather than always keep it!
The government always forbids the use and play bitcoin so that it can not grow fully potential in my place. Surely it remains an advantage if there is a transaction rotation for bitcoin in my country to live.
People sell bitcoin because they want to turn their bitcoin to real money and earn. Some are selling because of panic. When bitcoin's value sudden deflate, they tend to sell it because they are afraid of loss.
178  Bitcoin / Bitcoin Discussion / Re: Why people sell bitcoins? on: December 15, 2017, 04:06:03 AM
Worldwide, especially in my place, must sell it for profit rather than always keep it!
The government always forbids the use and play bitcoin so that it can not grow fully potential in my place. Surely it remains an advantage if there is a transaction rotation for bitcoin in my country to live.
179  Bitcoin / Bitcoin Discussion / Re: Why people sell bitcoins? on: December 15, 2017, 03:55:35 AM
Worldwide, especially in my place, must sell it for profit rather than always keep it!
The government always forbids the use and play bitcoin so that it can not grow fully potential in my place. Surely it remains an advantage if there is a transaction rotation for bitcoin in my country to live.
People sell bitcoin because they want to turn their bitcoin to real money and earn. Some are selling because of panic. When bitcoin's value sudden deflate, they tend to sell it because they are afraid of loss.
180  Bitcoin / Bitcoin Discussion / Re: Why do some government ban bitcoin? on: December 15, 2017, 02:17:50 AM
I See topics about banning and I want to ask.

Is botcoin really that bad? To banned by other countries?
Do the other government in other countries see something bad?
Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.  


Governments doesn't allow bitcoin because they are afraid that it would be used by terrorists to conquer them and rule their economy and finances. Bitcoin is not bad, the person who uses it is the problem about how he will use it.
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