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1661  Economy / Economics / Re: Best way for steady income on: August 01, 2017, 08:42:48 AM
Well even if signature campaigns give us less earnings, it is still steady. And i agree that keeping a lot of bitcoins can't be considered as steady income because the price is fluctuating and we won't be getting enough here on a consistent basis.

Of course something related to investing in bitcoin is not included in a fixed income, while bitcoin prices are very fluctuating in the market, even you may not get a profit at any given time because bitcoin prices are very likely to go down in the market. So holding or investing in bitcoin is not steady income
1662  Other / Off-topic / Re: What wallets do you use? on: August 01, 2017, 08:35:22 AM
I just use a wallet that I like blockchain. Because this wallet is very easy to use and safe to store the coins that I have so far, do not feel difficult as long as I wear them.

Maybe after hardfork happens there will be many people who will use blockchain again as their main wallet because I see there are many people who say that transaction fees in blockchain are huge and then they leave blockchain but after hardfork of course the transaction fee can be as small as ever
1663  Economy / Economics / Re: Why Should I Choose Bitcoin ?? on: August 01, 2017, 12:01:10 AM
Because bitcoin can be used as investment choice is quite profitable than gold or other. Especially bitcoin becoming very popular day by day, so potential for future bitcoin exchange rates will certainly be even higher than today.
Compared to gold, bitcoin will probably have a brighter future because of the potential of bitcoin to become the world's first freedom currency. And there are many users who keep coming to bitcoin, that's why investing in bitcoin will have a great future, so you have to choose bitcoin for your investment
1664  Economy / Economics / Re: Can Bitcoin Volatility Be Controlled? on: July 31, 2017, 11:53:06 PM
I don't think of any main factors that controls the price of bitcoin, the surge and dump of its price is uncontrollable or unpredictable. Bitcoin is different from alternate currencies its so special and its a masterpiece, Maybe the only thing that can be control over bitcoin is ownership or volume that holders have but not the price actually.
By controlling or manipulating the fluctuations it means you can set the bitcoin price but to control fluctuations is not something that can be done. You might just use a variety of ways such as managing supply and demand on the bitcoin market, but it would not be too influential on the fluctuations or the price of #imo
1665  Economy / Economics / Re: Can Bitcoin Volatility Be Controlled? on: July 31, 2017, 03:51:08 AM
No. Volatility can't be controlled this is the side effect of unregulated market only the supply and the demand controls the price although bitcoin and cryptomarket isn't widely recognized by most of us even here in my country bitcoin isn't known here so, i think that bitcoin will reach stability if more users are engaged in bitcoin and the marketcap is big as gold marketcap.
Yeah I agree with you, fluctuations will not be controlled because fluctuations occur and change it will depend on supply and demand. You know supply and demand will depend on the user and it also can not be controlled. Fluctuations may fade and start to stabilize when marketcap is very large

1666  Other / Off-topic / Re: What's your way of spreading Bitcoin knowledge? on: July 31, 2017, 03:49:04 AM

I will use the online way to spread the knowledge of bitcoin.Even now I use the facebook & my twitter id to spread the knowledge of bitcoin.I think it is a good way...Because all over the world people are use facebook or twitter id.
I also use social media to spread bitcoin, but who see limited only my friends, then I use blog to write about bitcoin of course to spread bitcoin of course. By using blog or site then that will see my writing about bitcoin not only my friend but the whole world dude
1667  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: July 31, 2017, 03:33:42 AM
I think both are equally good choices, but for me for a percentage I better prioritize bitcoin because it has proven to be profitable faster than gold that seems slow moving.
You could have chosen an investment in bitcoin because it gives you an advantage in the near term but of course the risk that you will get will be much greater than investing in gold. Bitcoin is very volatile if you do not have the patience of course you will get only defeat
1668  Economy / Speculation / Re: Is it too late to buy bitcoin? on: July 31, 2017, 03:19:18 AM
I thought you were a bit late, if you want to buy Bitcoin you should buy below the rate of $ 1600 and now the $ 2000 Bitcoin rate.

But there is no problem if you really want to buy Bitcoin because Bitcoin is the best currency and will be better in the future.
Yeah I think it's no problem to buy bitcoin now, you're not too late to get a profit from investing in bitcoin because even though the current price is very high, bitcoin still has the potential to have a higher price in the future. But I think you're too late to buy bitcoin at a low price
1669  Economy / Economics / Re: The dream of getting rich with bitcoins on: July 31, 2017, 03:14:50 AM
Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.

How much money did you earn with bitcoins? Or did you lose some?
We can be rich by having a knowledge about the bitcoin. I earned now $3000 because the bitcoin and thanks to the bitcoin because I feel that I will become rich in the near future.
Of course knowledge and skills because with that you can get a lot of bitcoin just by offering your skills to others. Look at how many traders get rich because they have trade skills, many investors get rich because they are smart and have knowledge on the bitcoin market.
1670  Bitcoin / Bitcoin Discussion / Re: What are your plans with your Bitcoin? on: July 29, 2017, 05:35:49 AM
i recently bought some bitcoins , to make sure i get a much as i can before., price goes up.,
my plan is , i am going to hold on to them., till the price reaches 50k., and i am gonna sell few at that time.
Lol I think do it or make a rational plan. If you use this plan by waiting and holding it until the bitcoin price reaches $ 50k
I'm sure you will not find it until the end of your life. Even I doubt very much that price $50k will happen to bitcoin price ?
1671  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: July 29, 2017, 05:18:18 AM
Nope, I don't think "soon" but I do think after 15 years or so it is a definite possibility. "soon" i guess is a relative term.
Yes agree and I'm not sure bitcoin will replace the dollar in 20 more years, it may take at least 50 years from now. This is because the dollar is the strongest currency of the world.
Lol I think after a decade or even a decade it will not make bitcoin replace the dollar or any local currency. 1 thing is certain that there will be no government from any country that will let foreign currency invade their country. They will certainly maintain their own local currency including the dollar
1672  Economy / Economics / Re: The future of the paper money on: July 28, 2017, 12:29:23 AM
Bitcoin can be the future of the paper money but I think it will need a few decades more because the bitcoin progress is not that fast for the world will be able to adopt and now 2017 several countries are accepting bitcoin so I think after few decades it will be more popular.
Although paper money will disappear and have no future but that does not mean it will make bitcoin as the heir of major currencies in the world. Of course fiat and the world bank will think of for a new version that will replace paper money and certainly in accordance with existing new technologies
1673  Economy / Economics / Re: Can Bitcoin End World Poverty? on: July 28, 2017, 12:19:01 AM
I don't think that Bitcoin is helpful for eradicating poverty. this is just a currency which can be helpful to make money but not for every people. it is a site which needs to be involvement via the internet. so how a poor person can afford it. I think those people are rich and affluent only they can be benefited by this platform.

It can help to reduce people that are in the poverty line/level. But generalizing "world" poverty, I can't possibly see it's going to happen. Problem is too broad when we talk about "world" poverty, there's a lot of places in this world that is experiencing poverty and even electricity, they don't have and we know internet is a much for bitcoin.
There are many reasons why poverty is happening in the world and even though bitcoin comes it will not instantly eliminate poverty in the world. Behold there are many poor people who can not use the internet Even many of them are also lazy to learn, there are many problems that can not be solved with bitcoin
1674  Bitcoin / Bitcoin Discussion / Re: Bitcoin is instant way to get rich ? on: July 28, 2017, 12:13:41 AM
I think it is not appropriate to say that bitcoins can get you rich in an instant. Maybe it is better to say that is a way faster to earn money if you know how to manage bitcoins and effectively use it to gain more bitcoins. It is not like you win jackpot and win an instant million unless you play on gamble site which is very risky and higher chance of losing you own bitcoin leaving you bankrupt.
Agree with you, maybe I would agree with "that bitcoin is a quick way to earn money" because surely you can earn money just by doing some method of getting bitcoin like a faucet. If you are disciplined and working hard. Maybe in a few years you could become rich dude, no instant way
1675  Bitcoin / Bitcoin Discussion / Re: Why Cash is better than Bitcoin. on: July 28, 2017, 12:04:36 AM
Cash it is most liquid thing. Cash have accepted everywhere, but it depend of the currency of cash - Usd Dollar of Euro there are most liquied, but some exotic currencies can be accepted only inside home countries.
Yes cash is a physical thing. We need to accept the fact that bitcoin is not as easy to get or withdraw. We cannot see it instantly. But we more like the bitcoin over it. Because of its price and because we can earn it without knowing of the government. But both sides are good ano problem with that.
Of course the main reason is easier to use cash for spending than using bitcoin? I think one of the reasons why users choose bitcoin is because bitcoin is beneficial to them. They will definitely convert their profit or bitcoin into cash. Because cash is easier to use for shopping
1676  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: July 27, 2017, 06:56:27 AM
I don't think so bitcoin is cryptocurrency if it will replace USD how come those people who is not using internet or literate enough to use bitcoin for their daily transactions? I believe bitcoin can became one of the major currency in the market, it's getting more popular now and there are more number of users added from time to time but to replace USD that would be impossible.
I agree with you, bitcoin will probably have a bright future because bitcoin is known as a digital currency and a profitable commodity and although the future of bitcoin is bright, it will not make the dollar replaced by bitcoin. It is unlikely that a country will replace their local currency with foreign currency
1677  Other / Off-topic / Re: Young people should go all in on bitcoin on: July 27, 2017, 06:49:18 AM
It's important for young people to identify wehter invest or not in something that keeps growing. I mean, they are young and like to spend a lot of money, they also don't have too much for this and if they don't have a good management of their incomes it could turn into a nasty situation.
Yeah it is a teen habit to spend their money. Thats true if they do not have good financial management maybe they will fall poor. Explaining bitcoin to them might be good because teenagers will be very fond of new things and maybe they will earn an income they can make for a pocket money
1678  Economy / Economics / Re: How to teach kids about Bitcoin? on: July 27, 2017, 06:43:52 AM
I'm thinking to set up a kids play ground with all the bitcoin games. This will be divided in the different play groups according to age of kids. There we can keep different quiz which will be completely on blockchain technology and crypto currencies. This will make kids aware of what it is about and how to work with it. It's not much but it is start of something good.


It might not matter if you let a kid play a game about bitcoin, maybe once in a while they will ask what is bitcoin? You should answer it with a simple do not be too complicated explain bitcoin to child. Maybe they will start to understand little by little
1679  Bitcoin / Bitcoin Discussion / Re: How to explain bitcoin to teenagers or children on: July 26, 2017, 02:31:37 AM
this is not a big deal to explain about Bitcoin to the kids and Teenagers, but I think an another point, is this really important to let them know about Bitcoin at their early age? are they able to take this? I am really confused about this issue. let them be free in their life, let them enjoy their best time period of their life. this time is really important for building a career according to their wish...
I do not think there is any urgency and important to introduce bitcoin to them while they are small children and do not understand anything, let them grow and when they know and understand the internet, I'm sure they will start to recognize bitcoin by itself, you dont need laboriously To explain bitcoin to them
1680  Bitcoin / Bitcoin Discussion / Re: What were your experiences with Bitcoin when you first started? on: July 26, 2017, 02:22:20 AM
The first time I went into bitcoin world is very confusing and I keep learning how to get a bitcoin and finally I have friends who have learned a lot about bitcoin I also learn a lot with my close friends how to get bitcoin and I have Followed a signature campaign and that's where I got a lot of learning that I really liked about the signature campaign
My first experience I was not directly in the signature campaign, after knowing bitcoin I started to learn how to get bitcoin, then I tried to produce bitcoin from the faucet and it was very small income then I tried ponzi investment, ptc, minning, and it gave a considerable amount of income For me


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