Bitcoin Forum
July 05, 2024, 10:40:55 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 [10] 11 12 13 14 15 16 17 18 19 20 »
181  Economy / Economics / Re: Are electric cars bad for the oil industry? on: March 15, 2018, 03:44:17 PM
Title.

So. Electric cars are gaining in popularity, therefore the popularity of gasoline will be going down. Won't the price go down, leaving the oil industry in trouble?
I dont think so , they are not replacing fueled car they just lessen the used of it because the air is going to be so poluted that it can give people some problem with their health especially the people with asthma . They just want to save the environment and to preserve the fresh air , do you imagine how poluted the air was ? Some people or all of you will understand if they or you are in the tropical country like here in the philippines , the temperature gets hotter like you are near from the fire .
182  Bitcoin / Bitcoin Discussion / Re: Bitcoin is changing the world. on: March 15, 2018, 03:06:15 PM
Yes. I agree bitcoin is changing the world little by little. Because before, people just invest in gold, and not bitcoin. They doesn't spend their money to buy bitcoin and keep it as their assets, or use bitcoin to pay for transaction and else.
It also change people, who used to be economically bad becomes better after investing in bitcoin.
Bitcoin really helps many people to change, in a better way of course.
183  Economy / Economics / Re: Bitcoin reduces unemployment on: March 15, 2018, 02:50:41 AM
I don't think that bitcoin will reduce unemployment because you need to have a proper knowledge on bitcoin,also one needs to spend a lot of time on it,it may be good enough for a part time job/temporary job ,but as a full time job ,bitcoin really needs to expand itself even more and also people need to know how to use their creative skills .

Same way when you want employment that is paid in fiat currency.  Remember you need to study for more than a decade to prepare yourself to have jobs.  You have to attend several pieces of training and seminars if you are applying for a job even before you are accepted.  This is no difference than learning bitcoins.
It is true that bitcoin reduces unemployment, in fact I know someone don't have a regular job but because of bitcoin their lifestyle change, their perspective also change they become business minded and become great investor so it is true that bitcoin really helps a lot.
I do know a person wich is helping others with crypto offering them a source of income, the thing is that at some places the income from signatures as well other works is enought to they survive, soo they are doing the best they can trying to be at signatures, but those wich arent able to join are doing others tasks to get their daily income.
184  Bitcoin / Bitcoin Discussion / Re: What do you think are the biggest disadvantages of Bitcoin? on: March 14, 2018, 01:31:12 AM
What's preventing Bitcoins from being accepted as mainstream payment forms? I'm working on a new blockchain and would like to learn what drawbacks of Bitcoin urgently need to be improved Wink
For me one of its greatest weaknesses is that you can lose your bitcoins by sending it to a wrong address. Any address should have a number to identify it, just as phone number, that people could remember. That would be a true revolution.
185  Bitcoin / Bitcoin Discussion / Re: If no one spends bitcoin what might happen? on: March 13, 2018, 07:07:41 AM
Share your ideas here.   Grin

In my opinion, I think we will be stuck in one price or maybe worse we will all go down.

Here is what happened when US citizens are saving too much.

Quote
That's important because American spenders make up the majority -- about 70% -- of economic activity in the country. If people don't spend, the economy doesn't grow.

Check it out here

in my openion there is always Constancy in the rate of bitcoins if the people stop the sell and buy ( because rate of bitcoins directly depends upon the fact of demand in the digital market ) . and in case of US country's people there is also no doubt that they are not using there money . if they will not use than bank will use there in practically .
186  Bitcoin / Bitcoin Discussion / Re: Why aren't there more women in Bitcoin? on: March 13, 2018, 03:35:32 AM
Take a look around the crypto community, both in meatspace and online, and it would be fair to say that the majority of participants are male. This is borne out in a recent survey of 2,000 Americans which shed light on the makeup of the bitcoin space, highlighting a stark gender divide. In fact Google Analytics data estimates less than 4% of bitcoin users to be female. The question is, why?

Source: https://news.bitcoin.com/why-arent-there-more-women-in-bitcoin/?utm_source=Why
I think bitcoin is not an easy thing for women. For men it is very difficult to understand what the true meaning of bitcoin is. I think most women would prefer to make money from real life jobs rather than work on forums like this. It's really hard for women to manage a lot of projects or profiles.
187  Bitcoin / Bitcoin Discussion / Re: Is bitcoin is the new era of currency? on: March 13, 2018, 02:00:30 AM
Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
I think it's too early if we say bitcoin is the new era of currency, user bitcoin is no more than 5% of the total population of the Earth, and current transactions already feels slow, if bitcoin used more than 40% of the total population of the Earth.
188  Bitcoin / Bitcoin Discussion / Re: Bitcoin is changing the world. on: March 12, 2018, 05:55:33 PM
Bitcoin is changing the way we live.
Bitcoin is changing the way we do business.
Bitcoin is changing the way we travel and save our money/assets.
Bitcoin and blockchain technology has open new doors for people to do business with one another without the intervention of third parties.

What do you make of this, huh? Share with us what you think. thanks Smiley

With a market cap that continues to rise and even has passed the foreign exchange reserves of many countries, it is worthy to say bitcoin has changed the world especially the transaction system, people or companies are now shifting transactions to bitcoin because it feels comfortable and more effective than regular money.
189  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is not supported in some countries? on: March 12, 2018, 04:44:53 AM
I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me
A definitive reason as if bitcoin legalized, of course, reduce the use of fiat money. Besides that, bitcoin move freely, so anyone including I and you can control the price of bitcoin, if this happens, of course make the country's economic mess. Other issues such as tax and money laundering would also serious.
190  Economy / Economics / Re: So, you want to be rich? All of you ? on: March 11, 2018, 02:26:07 AM
Just imagine. If ALL OF US would be rich, that means we would live our lives out from dividends, or any passive income of at least $1k a month. Then it would be jawesome, right ? Well, but then I do have a question.
WHO on this Earth would bake the bread for ALL OF US ?
Robots, you might say?
OK, nice idea.
But then, WHO on Earth would maintenance these robots ?
Another robots ?
I don't think so.
Even if so, even if there would be a Skynet of robots, who would not just bake the bread, but also harvest the grains, transport it, deliver to our doors. What then ?
We could eat for free, as much as you want?
Cool, but what about overweight then.
Doctor? But hey wait, NO ONE on this Earth work, so we have no doctors.
OK, we have Doctor Robots.
Who would teach our kids? Robots! Who would change the diapres? Robot!
Even if humans would master all this, we would need to have all the knowledge to teach our robots to work for us. To be slaves for us. (no minds, just pure robotic hands/arms and so on, Tesla's and autopilots)
But even then, there is one huge problem.
I do not want to touch any country, or race, or group of people, but imagine, if you put infinite amount of resources to any kind of animal (including humans), they would reproduce themselves to infinite. Because they simply can. Because parents do not need to parent their kids anymore, because we have robots! So we would need a limit of reproducing, no right to reproduce as much as you can handle (infinite resources), because we would simple have like 50-100billion people on this planet, and there would be no robots who could grow so much grains to bake bread. (perhaps hyper dense pills could be the away).
So, back to the original question, why do people believe, they all can be rich ?
It was, is, and will be, ALWAYS about that who is going to earn more, not enough, but more than the others.
Why?
If there is only one mansion on the Bahamas, which is large enough, sunny enough, sexy enough, there is no freaking way, ALL OF US could buy it. Just one. 1. One. And if only 10 buyers come with their million, to who would seller sell this mansion to? First ? But second also have million and ALL OF US want to be rich (own that one mansion). So second would have to offer 2 million, right?
Wrong.
No one would want to sell such mansion in the first place, as he is already rich. We all are.
Everybody wants to be rich. But it should be classified in kinds. I think we all should dream of becoming rich, but for a cause and not just a selfish reason. I too want to be rich. Not just for myself but that i maybe able also to extend my hands towards those in need. Desiring to help is great but if it is out of our capability to help then it feels bad for us. So i desire first to be rich the i can be of help to others.
191  Economy / Economics / Re: panic selling on: March 07, 2018, 12:54:45 PM
What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
Panic selling really embarass me because panic selling really what causes the market to decline more and more as they dump coins. This is what a weak person's reaction to a deflation instead of holding coins, however panic selling also do have advantage to some short term investors or those who buy a coin with a continous increase in price and expected to dump within a week.
192  Bitcoin / Bitcoin Discussion / Re: How is the bitcoin price determined? on: March 06, 2018, 03:21:09 AM
I have just been recently trying to know how our legend crypto (Bitcoin) price determined. I really need to know more about this. Pls how is the price determined from time to time?

I am not familiar with the specific rules as to how it really works. But as far as what I did know it is based on the law of supply and demand. The higher the demand and the lesser the supply, the better will be the price. But how I wish anybody could get first hand info about this as to its formula. Maybe we can apply the ideas on other trades.
Its hard to evaluate the price of bitcoin or any altcoins in the market ,it really needs a deep knowledge and mathematical experties but as far as i know, bitcoin's price ia determine depends on the demand and supply like in the physical market if the fish is limited then the price would be high and should meet the budget of the people, same with the bitcoin as the supply is below the demand, the price would be low.
193  Bitcoin / Bitcoin Discussion / Re: Bitcoin Dangerous ? on: March 05, 2018, 09:51:05 AM
i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion
The thing that makes bitcoin is dangerous is the volatility of it. We all know that bitcoin contains a high volatility rate because of so much demand in the market and the volatility rate of it makes the price or value of it so high that it has reached $20000 last 2017. That is why the idea of bitcoin being a bubble is still a conspiracy or theory now because of a high price of it and the demand may drop as well as the price, this what really matters to the long term holders.
194  Bitcoin / Bitcoin Discussion / Re: Be AWARE. Mobile payment is coming our way. on: March 05, 2018, 02:20:09 AM
I watched a video earlier about Chinese people using mobile payment. I don't know if it was a practice years ago, but that news has caused me so much thinking.

Do you like the idea of paying using your mobile phone? What if it is Bitcoin? Can you track your daily expenses with the price changing every minute? Do you think this will be a good idea to give your child his/her allowance? What if the price went down fast in a sec? Will you use it while in a down price or will you choose to forget about buying your stuff instead of making a transaction with your funds in a low market price?

Are you prepared for this? Because the future has so much to offer. We should be more aware and ready.
It is really happening now but not that wide. Mobile payment is a revolutionary thing happen on mobile capability. it is a hassle free paying of bills and this is not a idea anymore. In fact here in our country our trusted wallet app which is coins.ph is capable of paying bills on telecomms, electricity bills , Tuition fees and many more on selected companies.
195  Bitcoin / Bitcoin Discussion / Re: How Bitcoin is better than other coins? on: March 04, 2018, 11:53:23 PM
It has slow transactions and the fees are high, and it is the cryptocurrency frontier.

What do you think will realistically will take Bitcoins nr1 spot in the future? Bitcoin Cash maybe?  Huh

The high volatility rate that makes the bitcoin so special and better than other cryptocurrency but more risky unlike the other coins. The price that really matters on bitcoin specially on the cryptomarket. The value of bitcoin is the most of benefit of bitcoin and advantage of bitcoin towards the other cryptocurrency.
196  Bitcoin / Bitcoin Discussion / Re: Wall Street Expert Tom Lee: Bitcoin Price Will Double By Mid-2018. on: March 04, 2018, 04:23:44 PM
Tom Lee, co-founder and head of research at Fundstrat Global Advisors, said that there are high chances of giant crypto Bitcoin to increase in its value from its previous and the entire cryptocurrency market should recover by the end of March. He also added that additional announcements by dominant companies affiliated with digital currencies should also increase its price.

Read more here:
https://www.tokens24.com/news/wall-street-expert-tom-lee-bitcoin-price-will-double-mid-2018/
This is still a speculation , conclusion, theory , opinion and most probably a possibilty, even if president of America told that bitcoin will hit $25000 next month if the demand would not rise as expected nothing will happen. Its not the famous speculator or foreteller that will decide if bitcoin will reach a certain spot but Us, the consumer, user and investors.
197  Alternate cryptocurrencies / Altcoin Discussion / Re: How to recognize scam on: March 04, 2018, 08:59:54 AM
Hello everyone!

Today I've read a couple of articles and I've noticed that the most people are used to label each ICO as a scam. That is not fair, I know. Especially when you work in a startup launching ICO and do your best to make a project successful. However, having worked in ICO industry I learned how to recognize a scam just from one conversation with a Founder. I don't know how to explain this feeling. Probably, my subconscious translates knowledge, but I could not say a have a large experience.

So I decided to make a list of scam signs: (and this is just my own opinion)

- A founder and a team are not open.

Talking with a founder is always nice. They are usually full of energy and ready to talk about their project for hours. No matter how tired he/she is: when one is asking about a project, a founder starts talking about it with eyes burn with a fire. No matter who you are. When a founder deflects, tries to escape and avoids it makes you think that he/she just can't tell you anything important. What is more, it is crucial talking to a team. When a team member doesn't know how to answer a simple question about a product, it is also a bad sign.

In case of the lack of opportunity to visit an event and to talk to a team, you always can contact a founder and a team online. They should be open and answer patiently all your difficult questions. Even if you ask it every minute.

- Spending a lot of money on marketing isn't always show professionalism.

Just think. A company needs ICO to raise money for a company development. Isn't it a little bit queerly when an unknown company is too fancy. How? And Why? Why do they need ICO if they already have money on expensive advertisement? I don't know too  Huh

- You know nothing about a founder. And you cant find any information about him/her.

Always google the founder. Always. And now I'm not talking about his/her FB page. I'm talking about his experience, education, photos, events he took part in. A founder should not be a mysterious person who came from nowhere. His background should be open to everyone.

- They don't have a readymade product.

Let's make a sober recognition. The competition is high. In the end of 2017 - the beginning of 2018 you just can't appear with an idea and ask for money. You need to develop your product before ICO. It should not be an amazing one. It could be just prototype. But investors need something real. They need to touch and try your product. However, just 16% of all ICO has a product.

And what do you think about it? What are your signs of a scam?





My strategy to know if a certain thing is a scam is i always ask for a certificate , a licensed or a proof of legitimacy because they will deceive you to attract and lend a money with the nicest words and tease you for their company. But the greatest thing to know if a thing is a scam is you know what to have when they are offering, the strongest weapon for scam is a deep knowledge.
198  Bitcoin / Bitcoin Discussion / Re: Bitcoin, is it really just a bubble? on: March 04, 2018, 05:08:16 AM
Bitcoin has recently been a hot topic among many people, economist especially. But as it moves towards the $12,000 index many are having doubts as to how stable the market for bitcoin really is. Just recently, an expert from Yale who was considered as Wall Street's most influential economist described it as a dangerous speculative bubble due to its lack of intrinsic underlying economic value to the concept.

Despite the lack of understanding of its mechanics by lots of investors, why and how does it continue to prosper?

Is it really just a bubble? And if it is, when is this bubble going to burst?

This is the question that bothers all the investors and users, is it really a bubble ? i don't think so, as we it now it has a high value because of volatility rate which brought to top with people's demand. If bitcoin is really a bubble it should have pop out or burst when it reached a $20000 in price where it didn't happen instead it just slowly deflating obviously the people pulled out their some to get a profit.
199  Bitcoin / Bitcoin Discussion / Re: Do you like bitcoin, what's your reason? on: March 03, 2018, 05:53:22 PM
Do you like bitcoin, what's your reason?
What i really like the most about bitcoin is the volatility of it, bitcoin has a high volatility rate which means you do have chances to win or loae depending on the situation of the market due to demand and supply , what i am talking is the increase and decrease of the price , as you invest on bitcoin a minute or an hout after , you will be having a profit or lose as number varies on the bitcoins value.
200  Economy / Speculation / Re: Is Bitcoin a Bubble? on: March 03, 2018, 01:08:49 PM
Hello community,

I have heard some reports that 'someone' has put $1 million on Bitcoin being $50,000 before the end of 2018 and other conflicting reports that Bitcoin is a bubble that is going to burst. I understand this is very much a time will tell kind of question and some may argue that the press has said bitcoin is  going to burst/fail since it came out but look at it now... and I understand there may be at least a chance it could be worth $1 million in the future.

What I am asking is what are the big Bitcoin holders thoughts on this are they bailing or are they holding for the long hall, if they are holding can 'The Bitcoin Bubble' really still burst?

I have most of my eggs riding in this crazy but attractive world and would really appreciate inside feedback.

Thanks for reading  Shocked Cool Huh Undecided


Yes, i do also think if whales are just playing around with us, baiting the increase movement of bitcoin price for us to invest too. I'm thinking if they are going to pull their bitcoin after it reaches a waiting mark, for example $20000 to $50000, i don't know if im only the one who thinks of this, i also want to here your opinion about this. I also want your opinion what would you do if this is correct.
Pages: « 1 2 3 4 5 6 7 8 9 [10] 11 12 13 14 15 16 17 18 19 20 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!