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16241  Bitcoin / Bitcoin Discussion / Re: Is bitcoin is the new era of currency? on: May 18, 2017, 06:48:15 AM

No doubt its a big yes. It's not going to surprise me anymore if you can buy a car or a house in the next few years.
Yes it is very possible to happen and it is not just the new era of currency but it is also the new era for investment. We are in the technology era where everything is going to be fine so you better get going and ride along with bitcoin because this is the future and the new generation of money.
16242  Economy / Marketplace / Re: Trading VS Bitcoin! on: May 18, 2017, 06:14:24 AM
If you look at the bitcoin marketplace now, it has a value over $1800.
 You can assess its price would go upto $3000 this year. So, it would be also a profitable method to invest your funds in bitcoin now.

Exactly, this is what everyone is expecting for this year but to be more realistic I wanted to see more the price of bitcoin reaching it first at $2,000. And trading will always be a good way to acquire more bitcoins today, mining isn't profitable with bitcoins but for alt coins it will be good if you will choose those profitable alt coins.

You can't compare trading and mining bitcoin, today mining bitcoins is possible only with mining equipment and that is not cheap, plus you need to count on other expenses like electricity. Trading is very risky if you don't know what you are doing, buying low and selling high is not easy, more easier is just buying bitcoins and waiting price to increase.
We can compare trading and mining of alt coins,why? Because nowadays it is not profitable anymore to do mining of bitcoins and even you habe mining rig, you will mostly get a high cost of electricity and the return is not that too high. If I were you just forget about mining of btc.
16243  Bitcoin / Bitcoin Discussion / Re: Why Cash is better than Bitcoin. on: May 18, 2017, 04:53:39 AM
They are both better because both are useful the bitcoin is for online and the cash for offline. To those no internet they used cash but we are have internet and know about bitcoin we used it both. So both are so better.

No, they are both good because if we are going to say that both are better, one should be at good stage and one should be at better stage. I'm into getting used with both of it as they are helping me a lot when it comes to finances and I'm loving the way of using bitcoin for online transactions and cash for real transactions.
Actually at the current time both of them are at use and both of them have their benefits and in some places one is not available and in other places the other do not work according to our wish that is why we are using both of them and for some cash is better and for others bitcoin is better but a time is coming when bitcoin will be more popular and all of the people of the world will use only bitcoin and bitcoin will be better for them.
The only one that cannot be used at other places is bitcoin because most of the time it is the only one that is giving other countries notice of ban. We all know that all countries are into fiat so others are saying that fiat is better than bitcoin. Well its always better to do both.
16244  Economy / Marketplace / Re: How can we encourage local businesses to accept BTC? on: May 17, 2017, 09:27:29 PM
That's why I know you can easily encouraged a businessman if he is going to enter bitcoin economy and convince him to start using bitcoin. And there are a lot of potential in bitcoin that's why you only to tell them very well and clear the background about bitcoin and if you can tell them almost everything about it.
That's right, thats the more reason to also tell them the risks of bitcoin and if possible we should also give them solutions like when a customer

wants to pay in bitcoin, the staff needs to be knowledgeable about fees and wallets so he can guide the customer to avoid stuck transactions. also

when the mempool is quite loaded advising the customers that paying bitcoin might be a disadvantage because he will need a high fee for fast

confirmation. we need at least 1 confirmation for the transaction to be irreversible.

It's needed when you will mention about the risks that they will possibly take and problems to encounter. You will give some appropriate solution to them so that it can enlighten them if ever they will start to use and adopt bitcoin. But about the unconfirmed transactions, it's one of the biggest problem that they will be pissed off for real.
16245  Bitcoin / Bitcoin Discussion / Re: Why Cash is better than Bitcoin. on: May 17, 2017, 09:18:21 PM
They are both better because both are useful the bitcoin is for online and the cash for offline. To those no internet they used cash but we are have internet and know about bitcoin we used it both. So both are so better.

No, they are both good because if we are going to say that both are better, one should be at good stage and one should be at better stage. I'm into getting used with both of it as they are helping me a lot when it comes to finances and I'm loving the way of using bitcoin for online transactions and cash for real transactions.
16246  Economy / Economics / Re: Best way for steady income on: May 17, 2017, 09:07:29 PM
You can get steady income by lending your bitcoins on Poloniex where they will pay you interest on monthly basis and that will also become an passive income for you as you will keep on getting your profits into your wallet without doing anything as I am earning good amount from there on monthly basis.
This is good but I don't consider this as steady income but I like this way if you are going to add some other way of earning. And if ever you are going to lend big amount of bitcoin, I find it risky though polo is a trusted one. I will prefer to hold my bitcoins and keep on working with altcoins and trade it.

I have invested my bitcoins in that site since long time and I am getting regular returns on my investment and to be honest I don't feel any risk of loosing money as Poloniex is a trusted site and there is a least possibility that will scam me.
Even if Poloniex is a trusted site, you must not leave a lot of coins there, there are always hack in the world of bitcoin and you don’t want to be one of those that lament not having their coins in their own wallet, so be careful and be attentive of any news regarding that exchange.
Yeah that's true because we don't know what's possible to happen but I know many are doing it because even me I'm leaving most of my coins to an exchange but it's local. I just thought that even you will invest in Polo with a good amount, the interest will remain low but if you are good with that return, it's up to you.
16247  Economy / Marketplace / Re: Trading VS Bitcoin! on: May 17, 2017, 08:58:46 PM
If you look at the bitcoin marketplace now, it has a value over $1800.
 You can assess its price would go upto $3000 this year. So, it would be also a profitable method to invest your funds in bitcoin now.

Exactly, this is what everyone is expecting for this year but to be more realistic I wanted to see more the price of bitcoin reaching it first at $2,000. And trading will always be a good way to acquire more bitcoins today, mining isn't profitable with bitcoins but for alt coins it will be good if you will choose those profitable alt coins.
16248  Economy / Marketplace / Re: Cloud mining/Investing or trading on localbitcoins? on: May 17, 2017, 08:41:38 PM
Investing in clouding mining is now a total waste of time.
It is a total waste of time because instead of investing your btc into trading and other legit profitable investments, you will have the chance to get scammed there.

The miner is the beneficiary here , who will charge for maintenance of rented rigs at your expense profit or no profit!

And sometimes there is no real mining rig and you are only seeing a fake stats that is being made by the scammer, so this is a very risky way of investing. Just trade guys and you will earn potential good profit.



16249  Bitcoin / Bitcoin Discussion / Re: It's freaking 2017 - Do you own 1 BTC? on: May 17, 2017, 08:34:07 PM
No, I don't, If you are the Bitcoin millionaire, having more you can always give those who don't

You dont have to be a bitcoin millionaire just to able to give others. You only need to work harder so that you can earn by yourself and able to collect 1 bitcoin. And even those bitcoin millionaire, I doubt it now that they are going to give someone a free bitcoin considering the high price of it now.
Thanks for the advise, surely I should consider buying proper mining equipment

Don't mention it, as long as you know what you are doing you'll be earning 1 bitcoin soon in total or even higher. And what mining do you plan to set up? Do you plan to mine bitcoins? Because if you are planning to do it, it's not profitable anymore but if you are going to mine some alt coins I would say that it is still profitable.
16250  Economy / Economics / Re: Is Paypal a scam? on: May 17, 2017, 08:21:54 PM
Paypal is not a scam. It is used by many before until bitcoin came. But for some reasons, even if it has a strong security all transactions can be reverse even if you deal a couple of days or weeks. That is why some people might call it as a scam. But difinitely it has a good ipact to online payments before until bitcoin appears. But until now many people still use paypal for their transactions.

Because of that reversible transactions many hated to use PayPal. There are legit people that are sending their products to their "potential" customers not knowing that they are going to reverse their transactions. So the seller or businessman is going to blame PayPal about it and will finally name that they are scam but the real reason is their customer.
16251  Economy / Gambling discussion / Re: Giving up gambling is not easy on: May 17, 2017, 08:08:33 PM
Yeah. Gambling is a addicting game, it is basically paid entertainment so most of the people are being addicted to it, it's difficult to quit gambling at a time because any addiction can't be removed in an easy way. It needs strong commitment and determination so if you want to quit gambling then you should make up your mind.

always easy when you have stronger desire more than you want to become rich instantly. nothing impossible as long as you put 100% of your effort to solve and quit gambling for good reason. otherwise the addiction would always take over yourself to do anything. in the end gambling would always be part of your daily lives.

Just forget about becoming rich that fast in gambling and just focus with other things. If your attention will always be in gambling that will be the time that you will not be able to quit or give up gambling. Do everything you can and exerting 100% effort will be worth it in the end, only if you really want to quit for real.
16252  Bitcoin / Bitcoin Discussion / Re: What do you like best about bitcoin? on: May 17, 2017, 02:16:44 PM
Most I like from bitcoin now is rate. Very happy looking at price $1700. My struggle in bitcoin world hasn't vain.
Well this is what I like too with bitcoin. Considering after some price decrease of bitcoin  we are now seeing the price now increasing. I like this pattern of bitcoins marker. Because this is in favor to all of us even though we are just going to hold for better.
16253  Economy / Economics / Re: USD vs BTC on: May 17, 2017, 02:03:39 PM
USD have been popular for ages. BTC,came along and wow! Its popularity is just like USD.

And its popularity is keep on increasing it is why bitcoin is like USD now. There's no need for bitcoin to compare with USD because we are both depending on it. So if you think that bitcoin suits you the best then go for it or vice versa.
16254  Economy / Marketplace / Re: How to make 1 bitcoin in a month or 2? on: May 17, 2017, 01:52:29 PM
Hi, I am looking for a way to earn some money without invest(because I am broke), I can dedicate 2 hours a day in that. what can I do to make a bitcoin per month without any investment?
Just join in signature campaign specially on altcoin you can earn  1btc or more in a month. Recently  i joined on iex.ec campaign and i earn 0.8 btc in a month.until now im still shocked

Wow that is for real? That ICO surely is a success for you. But not all the alt coin signature campaign are going to be like that. So closely or in short trading is still one of the best way to earn 1 bitcoin or close to it per month. Congratulations to your success and keep on doing what you started.
16255  Bitcoin / Bitcoin Discussion / Re: It's freaking 2017 - Do you own 1 BTC? on: May 17, 2017, 01:37:54 PM
No, I don't, If you are the Bitcoin millionaire, having more you can always give those who don't

You dont have to be a bitcoin millionaire just to able to give others. You only need to work harder so that you can earn by yourself and able to collect 1 bitcoin. And even those bitcoin millionaire, I doubt it now that they are going to give someone a free bitcoin considering the high price of it now.
16256  Economy / Economics / Re: Bitcoin price is recovering! on: May 17, 2017, 05:32:42 AM
can someone explain to me how we have this big difference on the exchanges??? it reminds me the days of gox where you could earn tons of money...
i was used to see same price about on the exchanges..what changed now?
There are changes with the price of each exchange site, its either with the profit and cost of expense. Its a real market and its all about competition so they are trying to stretch out their rates in able to attract more clients or customers. And as the price of bitcoin now is recovering, no doubt that we wil see some that will also adjust to ride along with the pump.
16257  Economy / Marketplace / Re: Where to invest my Bitcoins? on: May 17, 2017, 04:59:46 AM
Investing with low risk attached, and high profit expectation, such sites are are too scarce to see if there is any.
Invest with any possible amount that will not distable you, and expect anything , but the good expectation will be of more help.
There's none, don't hope for an investment to offer low risk but with high return because of the expectations that you are looking for. Just invest to the usual way of investment like the popular one which is trading and bankroll casino.

Yeah even ICO's have high risk.  But as they say, the higher the risk the bigger the reward we can get.  Or probably invest in an idle coin that have active developer and had been around for some years. There is always a good possibility that this coin will pump or increase in price .
Yeah all of the investments does have the risk so don't be confident that you will be getting nice results at the first place. And even just for holding bitcoin you are still taking up a risk from it. But the guarantee is there and it will all depends on what you are going to choose.
16258  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: May 17, 2017, 04:29:10 AM
I guess the question is what you mean by global currency?  If you mean to replace currencies in general, that is doubtful.  If you mean adoption by users in the global market that seems plausible.
There's no need to replace the currencies, because bitcoin can be a good alternative payment method. And the fact that we are doing it already, we can see that bitcoin is already a global currency for us who are using bitcoin. We are near to the cashless society and transactions will be processed automatically.
16259  Economy / Marketplace / Re: How can we encourage local businesses to accept BTC? on: May 17, 2017, 01:23:15 AM
Just by simply telling them that they can have good profit on it will be an effective thing. It's like an additional payment method to their whole business, they won't sacrifice the cash method or fiat system for it. Because bitcoin will be added as an option to their service which will good for other customers that are into bitcoin.

Yeah paying with fiat and credit/debit card will always be there as majority of users will prefer to use the same method and the fact is they may not be aware about bitcoins but if merchants starts accepting bitcoins as a mode of payment then it will really help people who are using bitcoins.
Exactly that is what I'm pointing out, because the awareness about bitcoin is spreading that is why we only need to give them clear details on what is bitcoin and almost everything we know. Let's disclose too some of the problems about bitcoin but I guess it will not be a big problem.

The problem will occur unto this is its volatile movements and if you explain it more clearer to them well might they will get annoyed for the result of its unstable flactuation so chances of bitcoins acceptance on the taste of offline business man will be blurry since they doesn't want to spend on risky events or situation. And we cannot disclose some problems about it since it continuos to occur even if we doesn't like it.

The fluctuation is given and I know it will be on their favor since they are business and they want movements especially with their investments. if a businessman knows about taking up a risk, for sure he will understand the fluctuation very easy. They will not even going to take the risk to start a business if they don't want a risk.
Risk is accompanied with any business planning and if someone afraid from that risk then he will not be able to take any step of progress. According to my views these risk are a way to provide more security as if a businessman feel risk then he will care more for his business.
That's why I know you can easily encouraged a businessman if he is going to enter bitcoin economy and convince him to start using bitcoin. And there are a lot of potential in bitcoin that's why you only to tell them very well and clear the background about bitcoin and if you can tell them almost everything about it.
16260  Economy / Marketplace / Re: How can we encourage local businesses to accept BTC? on: May 16, 2017, 09:42:50 PM
Just by simply telling them that they can have good profit on it will be an effective thing. It's like an additional payment method to their whole business, they won't sacrifice the cash method or fiat system for it. Because bitcoin will be added as an option to their service which will good for other customers that are into bitcoin.

Yeah paying with fiat and credit/debit card will always be there as majority of users will prefer to use the same method and the fact is they may not be aware about bitcoins but if merchants starts accepting bitcoins as a mode of payment then it will really help people who are using bitcoins.
Exactly that is what I'm pointing out, because the awareness about bitcoin is spreading that is why we only need to give them clear details on what is bitcoin and almost everything we know. Let's disclose too some of the problems about bitcoin but I guess it will not be a big problem.

The problem will occur unto this is its volatile movements and if you explain it more clearer to them well might they will get annoyed for the result of its unstable flactuation so chances of bitcoins acceptance on the taste of offline business man will be blurry since they doesn't want to spend on risky events or situation. And we cannot disclose some problems about it since it continuos to occur even if we doesn't like it.

The fluctuation is given and I know it will be on their favor since they are business and they want movements especially with their investments. if a businessman knows about taking up a risk, for sure he will understand the fluctuation very easy. They will not even going to take the risk to start a business if they don't want a risk.
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