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1741  Economy / Economics / Re: How can we make more money? on: July 07, 2017, 11:36:47 PM
How can I earn more money? So this is a question of all times and peoples. It seems to me that there is no such person who does not think about it at all. Everything that comes first to mind, it takes a very long time  to work to have a good income.
If you want to earn more money of course you have to work even harder Allocate more time to work to add work or other methods to earn money. Then you will earn more money but of course your rest time will decrease dude
1742  Economy / Economics / Re: Can Bitcoin End World Poverty? on: July 07, 2017, 11:35:08 PM
Forbes aticles sometimes are so positive, i really don't think a problem like that can be solved with bitcoin, we are so far from ending with world poverty.
I think it would be difficult to do let alone not everyone can use or even do not know bitcoin. But at least it can reduce poverty in the world. Can you see a lot of people that their lives get better because work and get profit in bitcoin?
1743  Economy / Speculation / Re: Is it too late to buy bitcoin? on: July 07, 2017, 11:31:53 PM
I don't think so its just a start according to me because 90% people in the world did not hear about bitcoin yet day by day more and more company are accepting bitcoins and more and more people around the world are knowing about bitcoins so when around 50% of the people around the world know about bitcoins and know the value of bitcoins I think bitcoins price will sure grow huge....
Yeah the potential of bitcoin is still very large in the future and very possibly the price could be higher many times over from now. And do not be afraid to try investing again because at this time there is no time too late because you can still earn big profits in the future
1744  Bitcoin / Bitcoin Discussion / Re: How did you first hear about bitcoin? on: July 06, 2017, 11:31:10 AM
I heard I did not believe in bitcoin but after understanding the feeling of regret is there, but now the spirit because there is a target that I expect Wink Wink Wink
Lol surely all the users who think that they are late in joining are so sorry why not from the first, they join and buy lots of bitcoin while bitcoin price is still cheap. Same as me I also regret why I just heard in the late. If I can buy at a low price and keep it of course I can become rich
1745  Bitcoin / Bitcoin Discussion / Re: Is bitcoin is the new era of currency? on: July 06, 2017, 11:25:54 AM
As time goes on, Bitcoin will be generally accepted and at that time, Bitcoin is money or new currency in whole world lots of stablishments and stores accepts bitcoin and it can use to pay bill like internet,water and electric.
The more advanced the bitcoin technology will become known because the world will begin to know that digital currency will be better to use and that's when bitcoin became the only currency that fits in that era and bitcoin will begin to be received in various places, it will happen soon
1746  Economy / Economics / Re: Is it better to save money or invest it? on: July 06, 2017, 11:19:49 AM
The purpose of money is to spend it, just do it in a clever way. Saving it helps when you aren't sure for something bigger.
If you do not have good financial management by using only money for spending only. I'm sure you'll be confused when you have no money and deseperate because you do not have a stash of money and then you are confused and panicked Maybe it will mess up everything, Save is important
1747  Economy / Economics / Re: Can Bitcoin Volatility Be Controlled? on: July 06, 2017, 11:18:19 AM
I dont think volatility in bitcoin can be controlled, the volatility is caused by the transaction volume, and bitcoin got a very big transaction volume, its mean there are a lot of buying and selling, so the price will keep on moving, and I dont see any way that possible to control volatility
Controlling fluctuations I think will include controlling bitcoin prices. Because when you control the fluctuation it becomes slower or faster it will affect to the price of bitcoin So I think it might be done with supply and demand manipulation?
1748  Economy / Economics / Re: Tell me your predictions about Bitcoin on: July 05, 2017, 08:59:41 AM
What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?

I think Bitcoin will increase in the future as it is becoming more and more popular in the world. Many countries and big corporations in the world gradually accept it as a formal payment method. Besides, the challenges that Bitcoin will have to take are decentralization. When governments and banks accept it, it means that accounts and transactions become open and transparent. It will lose the nature of Bitcoin
So what do we need to do to solve this problem?
yes there is no doubt that the bitcoin price will increase too much in future. i am sure that it will continue increase for a long long time but currently people are a bit confused and not welling to but bitcoin because of the 1st August event.
I myself also quite beating my heart waiting for what will happen in august later. I still hesitate to hold bitcoin or sell it
Although many people say that the future of bitcoin will remain bright but this issue really made me a little worried
1749  Economy / Economics / Re: Loans too risky? on: July 05, 2017, 08:39:18 AM
Bitcoin is not suitable for deposits and loans due to its instability. During the year the price could rise by 100 percent or more. Name me one suicide which is ready to take out a loan at 100% per annum. Bitcoin can only be used for trading.
i never remain in favor of loan for bitcoin. although it very much possible that the price of bitcoin will increase in future but still the fluctuation is always there and therefore no one can say anything so clear about the price of bitcoin and specially those people who can come in pressure to soon, specially those who do not have experience in short term investment.
That's the risk of bitcoin. When you borrow the bitcoin and you convert it to fiat then the bitcoin price goes up. Maybe it will be a bad thing for you because of course you will buy more expensive bitcoin to pay the debt. That's the risk of loan in bitcoin
1750  Bitcoin / Bitcoin Discussion / Re: What are your plans with your Bitcoin? on: July 05, 2017, 08:35:01 AM
I am holding my bitcoin from last two years and will hold for more. I am thinking of starting an online website next year. I would be needing some initial investment and these bitcoins will certainly help me in that. I hope to make it big.  Wink
Wow 2 years? I can not be patient like you, I'm not a patient person who can withstand bitcoin for a long time. When the price goes up I immediately sell it because I do not want to waste a chance A good idea by creating a site You can benefit from advertising on your site
1751  Bitcoin / Bitcoin Discussion / Re: How did you first hear about bitcoin? on: July 05, 2017, 08:31:25 AM
HEARD ABOUT BITCOIN AND  CRYPTO CURRENCY THOUGHT IT IS A PONZI SCHEME OF A THING Grin, WAS INQUISITIVE TO LEARN MORE ABOUT IT,NOW AM HERE STILL LEARNING.
BITCOIN IS THE  GOLD OF THIS AGE
Lol there are many ponzi sites that use bitcoin as their deposit option. Because with bitcoin will be easier and simpler in double, scam, etc. There are many ponzi ads in various facebook groups, blogs, forums. So do not be surprised if you hear bitcoin from ponzi promotion
1752  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: July 04, 2017, 08:41:36 AM
Of course for future purposes.

I do believe that bitcoin is a really good long term investment.
And we could gain profit and any other advantage from it.

Just don't forget, everything has it's own risk, even bitcoin.
I think the risks of long-term investments in bitcoin include low risk investments because in the development of bitcoin, bitcoin prices always show a positive trend. So I think in the future of course the bitcoin price will definitely go up
1753  Bitcoin / Bitcoin Discussion / Re: Saving bitcoins on: July 04, 2017, 08:37:49 AM
Saving bitcoin is one of the best method to make us rich in the future. But much better if you try all the earning methods of bitcoin while you are saving bitcoin you do collecting more bitcoin to make more profit in the future.
I also often do that the function of storing bitcoin one of them to wait for the price up right So to get a double advantage
I often allocate funds from storing bitcoins into investing in low-risk investments while waiting for prices to rise
1754  Economy / Economics / Re: You should never trust banks on: July 04, 2017, 08:35:24 AM
On the one hand, they are needed, but you can do without them
Simply there needs are much in most of the time. We can say banks are providing worse service, but the same is not happening with the every banks. Also people could have never grown to this extent in financial aspect if banks were not available. So in my view that play a big role in growth.
Everyone banks are providing worse service according to bitcoin services. If we look at the history. Banks have destroyed people but didn't give them a extra income. But if we look at the history of bitcoin. It has changed the life of people. Convert poor into rich. So, in everything Bitcoin has a good history against banks.

Without banks we wouldn't have modern trade and economics as we know it. So I dare say that the good outweights the bad. Bitcoin so far is only a blip in economic history. Let's hope it will become more than that.
Thats true, without the bank you can not do the transaction quickly and instantly. Without a bank you can only do traditional transactions that may take a long time to several days. Even bitcoin still depend on the bank? There is no reason to hate the bank
1755  Economy / Economics / Re: Which one is good, trading or investing? on: July 03, 2017, 12:01:23 AM
Trading is the best policy for making profit for me, but it needs to take risk with courage. If you want to do trading then you have to predict and take a right click regarding right scope to trade. But investment doesn't require huge risk so that it is hassle free but it leads a low rate of profit.  So trading is the best platform to make profit from Bitcoin.
I think investment also has its own risk, big the risk depends on the investment you choose, if you invest in hyip sites of course the risk will be greater than trading? And the risk of trading depends on your skill in predicting prices
1756  Economy / Economics / Re: You should never trust banks on: July 02, 2017, 11:56:13 PM
On the one hand, they are needed, but you can do without them
Simply there needs are much in most of the time. We can say banks are providing worse service, but the same is not happening with the every banks. Also people could have never grown to this extent in financial aspect if banks were not available. So in my view that play a big role in growth.
Banks cannot be trusted and relatively are a slower way to make any transaction. Bitcoin on the other hand is one of the fastest way to secure and make payments with p2p (peer to peer) method It's confidential among two parties and nobody can steal this currency in anyway.
Precisely when you make transactions with someone within the scope of one country. Banks are the primary choice to send money. Because the transaction is very instant When you click the send then the money is already in the account of the recipient. Better than bitcoin #imo
And I think the bank is protected by the government. So pretty safe
1757  Economy / Economics / Re: Tell me your predictions about Bitcoin on: July 02, 2017, 11:54:03 PM
Nobody can make an accurate forecast of what will happen to bitcoin in the future. Nobody can predict what will happen to bitcoin after 1 August. Constantly floating rate for that currency also does not work on its popularity. All who will speak about the future of cryptocurrencies this is only an assumption and not a forecast.
I do not think there's anything to worry about the next segment or segwit 1st of August. Do not make much speculation about this.
I myself am still convinced the price of bitcoin will not go down drastically for this. Let's see and wait
1758  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be used by ordinary citizens? on: July 02, 2017, 11:48:06 PM
Yes of course. As long as they are interested in doing such thing like being in the world of bitcoin, they can use it. The usage of bitcoin do not depend on the social status. Even you are an ordinary or a high class person. As long as you have the will and passion in getting into the threads and topics associated in bitcoin, it will be possible that you can use bitcoin properly.
That is the meaning of freedom in bitcoin decentralization really works in bitcoin, nobody wants to know who you are and what is your purpose in doing financial transactions They will be indifferent to the interests of every user and you are free to do anything in bitcoin, Bitcoin is free for anyone
1759  Bitcoin / Bitcoin Discussion / Re: Offline Wallets Vs Online Wallets on: July 02, 2017, 11:46:33 PM
Which of the Bitcoin wallets between the Online and Offline works best?
If you want the best security in the wallet you can go for a offline wallet it is offline you it cannot be hack online and you can save it in your harddrive if you want durability in your wallet go for online wallet you can use it to buy in many stores you can easily open it in many your phone.
But the risk is still there because there are many viruses and malware that might infect your computer and then steal your personal data or bitcoin but you can reduce the risk by using antivirus on your laptop but I myself use online wallet and no problem?
1760  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin overcome Paypal? on: July 02, 2017, 11:44:35 PM
I think Bitcoin has the potential to overwhelm paypal but there are two things I'm not sure about Bitcoin that are unstable prices and too long transaction time.

Too long transaction times are already a non-issue when accepting zero-confirmation payments.
And nowadays even the first confirmation is not a problem because nowadays the first confirmation is completed within a few minutes and when first confirmation occur we can get our target. Some transaction accelerators are also beneficial in that case.
Of course the confirmation is still a problem, you will not receive your transaction successfully when not get one confirmation This time if you want to get a confirmation quickly of course you have to pay fee fee is more expensive than 10k satoshi of course it will be very disappointing
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