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181  Economy / Economics / Re: How do I get bitcoin? on: November 17, 2017, 11:17:12 AM
Well to earn from basic on faucets couldnt get anywhere near even $10 and sometimes it is a scam. Well if you just wait for your time to apply on signature campaigns you could earn as much as possible weekly as low as $10 to it. Depeding on your signature code limit or higher rank as possible to earn as much as possible.
182  Economy / Economics / Re: Is it possible for the bitcoin to lose it's value ? on: November 17, 2017, 06:02:45 AM
Yes it is possible because people i mean users can manipulate bitcoin price. Example if users have many bitcoins at hand and tries to withdraw it for money then bitcoin price will drop exponentiall or exchange it to altcoins it will change depending on your balance if you have millions of bitcoin and exchange it to some altcoin bitcoin will drop very hard lol but if youll just have even hundreds of bitcoin the price will hardly drop. Manipulating bitcoin can give huge profits if you have the sick strategy to it.
183  Economy / Speculation / Re: Why is Bitcoin Price So Fluctuating? on: November 16, 2017, 11:36:39 PM
In my own opinion the price of bitcoin fluctuating still falls within the law of supply and demand. When you see a bad news about bitcoin, people who owns it starts to sell and many others. Once the supply increases and the demand for bitcoin decreases hence, the price goes down and vice versa. We can't do anything about that. That's how it usually works.
If you are student of economics and you are interested in Bitcoin. Then it is easy to understand the fluctuating prices of Bitcoin. The law of demand and supply is fully connected with in and the policy of the government regulation directly affected its price. But at end of the day, the price of Bitcoin get high and investor can earn profit.
Yes it is true i think for the fluctauting price was roger ver's doing and his/her collueges. I think they planned it so well to withdraw bitcoin and put again the large sum money on it . Well it is profitable in fact because youll deal a large sum of money at hand and pays back with a hinch of fee on that but worth to try if you have what it takes and has many bitcoins at hand.
184  Economy / Economics / Re: How to train your money for costly bitcoin? on: November 16, 2017, 10:35:33 PM
well, maybe you must prepare some money, and then, keep focus on bitcoin price which one sometimes not stable. then you can buy when the price drop..
Good idea to prepare for a drop and invest immediately a large sum of money to begin with and wait for a convincing time to spend or withdraw all that. Price drop was made on last few days passed and it was a $1000 drop i know its a lot but bitcoin recocers all that from few days ago too so i did think that it was planned by a stock holder of bitcoin to withdraw and upheld it.
185  Economy / Economics / Re: Bitcoin's profit on: November 16, 2017, 12:53:37 PM
I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?
Not always. But the thing here is that, those activities that has high profit are illegal unlike Bitcoin. Bitcoin is not yet legal to most of the countries but itdoesn't mean that it is already illegal or prohibited.Investors are earning huge profit from investing to Bitcoin because its market value is continuously rising. The profit that its investors and users are earning is bigger than most of regular job's salary.
I think the profit of bitcoin is limitless although i also think a little that bitcoin srarts with a million dollar capital or start. Bitcoin is nit illegal even on china it is just regulated and limiting the users in bitcoin billing. The users are tge sole power of bitcoin because it depends on the users balance and other investing plans.
186  Economy / Economics / Re: Is a deflationary monetary system key for the environment? on: November 16, 2017, 10:16:22 AM
Hi All,

It seems to me that people are incentivised to move towards a deflationary monetary system because if they just hold their money and do not spend, their unit of currency is worth slightly more over time. Particularly in contrast to inflationary monetary systems that most of us come from.

If you're a government, you're not going to aim for deflation because it means people will stop spending money in your economy and your economy will fail.

However, if you take the environmental conservationist standpoint, this could be seen as a great thing. It could curb our rampant consumerism & over consumption because everyone is incentivised to save.

Do you agree with my premise?
Would it be a good thing?

I look forward to your thoughts.
Thanks


Because bitcoin can't be considered as a pure currency right now it is somehow considered as an asset that has a chance of having more value overtime. Unlike fiat currency that are experiencing inflation rate every time bitcoin is experiencing the opposite right now.
Yes it is though as you said bitcoin is unstoppable even now bitcoin has an incredibly large amount of value over even just months bitcoin can reach more than $1000 every month although some issues have been going but bitcoin has also an incredibly fast recovery from all that damage. So bitcoin as an asset is really a reliable one.
187  Economy / Economics / Re: Bitcoin to be international currency on: November 16, 2017, 07:36:34 AM
Bitcoin is an international currency at the first place although not many country recognize bitcoins potential and success. Thingking how would you convert a digital currency you know a little is actually understandable but thingking it is not an international currency is absurd because bitcoin can be used in any part of the worlf if you have internet.
188  Economy / Service Discussion / Re: Sites that give free satoshi: Dangerous? on: November 15, 2017, 02:04:51 PM
Hi there,

I'm finding sites like this one:
http://freesatoshibit.com/

That seem to give free Satoshi if I go there every X seconds...

Are these potentially dangerous?

Let's set aside for a minute the sillyness of wasting time on these sites. It could be fun just to see the "plunk" of a satoshi into a new wallet I'm testing, for example.
no it's not dangerous at all. I've been working in faucets for about year I think so I can say that it is legit, although claiming satoshi doesn't give you that much earning but it is really safe and enjoyable too.
There are some legit and scam too what faucets do you work on over a year now? Better to share it but not recommended a refferal just put the site link and help them for vague features to that so we can earn more and help someone in need.
189  Economy / Service Discussion / Re: SCAMMERS -- THE REAL LOOSERS on: November 15, 2017, 11:58:03 AM
Hello MY Co-Bitcoiners,

Iam here in this forum with my first post to share the trauma I went through for loosing 4.5 BTC from my Hard earned money,such a pain somebody stealing your money.Iam like a Every woman,every mother,every wife put my hard earned money to purchase BTCs from Coinbase and secured them on GDAX for trading purpose.To my happiness,two weeks went fine and my account was kept on hold and had to reach Customer care via email to help me unlock my account to my surprise which was taking forever.

And as like everyone during the tensed period,search for GDAX support on phone which returned me the number one-eight-eight-eight-four-five-five-one-one-five-five and there started the hell of the pain where they happily and sweetly spoke and stole my BTCs.Such a FRAUD,Happiness for them and Sleepless night for me Sad Couldnt accept the reality as this was my first Betrayal Sad Sad.Hoping someday I would get my BTCs back,such a Dreamer Iam Sad Angry Angry

Google search results would give the above number as soon as you search for GDAX/Kraken/Coinbase/Amazon support.

https://www.google.com/search?ei=NGgLWsOTHcOwjwPA4Jm4Dw&q=gdax+support+18884551155&oq=gdax+support+18884551155&gs_l=psy-ab.3...23671.28860.0.29186.0.0.0.0.0.0.0.0..0.0....0...1.1.64.psy-ab..0.0.0....0.A1THimaSxoM

THE HELL SCAMMERS,EATING PEOPLE'S HARD EARNED MONEY !! GROW UP PEOPLE,BE NICE IN THIS SHORT TERMED LIFE.

So the lessons learnt and want to share and care with my fellow miners/traders/owners of BTC/ETH or any crypto.

1)Dont ever give your details to anyone on phone
2)Never let any kind of remote access to your computer / account.
3)Last but not the least make sure two to three times the email contact or phone number are genuine and are on the original websites of the cryptocurrency.
4)Never reach anyone on phone which are provided on some random websites.

Trade Safe/Earn safegtryf

GoodLuck !
Nice work mate you should bumb this everyday to alert newbies like you to be aware of that kind of method to  prevent more scamming in the future trading to come. Your prevention to scammers might actually work for some cases.
190  Economy / Service Discussion / Re: Cloud mining does not make any financial sense? on: November 15, 2017, 10:44:39 AM
It does for some but would not reccomend it please dont do it if you dong have the patience to wait for to proccess all that transactions. And even some are totally legit your gonna think it is a scam because youll be unpatient to that matter.
191  Economy / Economics / Re: Where do you spend your money from Bitcoin? on: November 15, 2017, 08:12:22 AM
Taking a plan for expenses on everyones priority the so called 'family" if possible ill make ammends on the possible ways to earn as much as i do luckily ill have some more money in the distant future.
192  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Vs Bitcoin Cash on: November 15, 2017, 02:56:43 AM
I dont think in this time it wont,bitcoin is really on top and will stay on top for couple of years.but we dont know if what will happen in the next years.if bitcoin cash can go upto the bitcoin stage.i dont say that bcc cant.but it may in a long run.for now lets respect that btc is really in top
Lol bitcoin will stay on top as long as cryptocurrency is allowed and even its features is decentralized no one can stop it unless the miners or a country's regulation rules(but on one country only depending on some too).
BCH has long way to go than bitcoin well bitcoin is the father of cryptpcurrency so it cannot be surpassed by any other currencies. Good luck with your deduction.
193  Economy / Economics / Re: Generating Passive Income on: November 14, 2017, 11:01:54 PM
I realise that the simplest way to make a profit on crypto at the moment seems to be just buying and holding Bitcoin, but I'm curious if there are any coins or tokens designed specifically to generate ongoing passive income for holding them and if so, how they work?
there really is no guarantee that the coin you have invested gives you a passive income,
and if it gives you the advantage of luck one of the big ones.....

Though it won't have any assurance for that but I'll give trust to my coins that it may give me something in return after all. Even though how potential is your coin, but if you don't work for it then there is nothing will happen.

Buying and holding potentially profitable coins is a great idea but be sure you have monitoring it's flow in the market place and you can sell it when it's price will go high.

and a very difficult moment in this matter is the choice of a project whose coin will have a trading potential. because if it's bad to take this issue, you will have to control only the real price drop and the collapse of investment.
Yes you can manage a loss drop of a coin if you have enough trading skills to regain the loss drop of your coin. It is like controling the coins when will it rise and go down you need to be patient  as long as the rate is down and wait for the right time and realize the potential of the trading potential of it.
194  Economy / Economics / Re: Can bitcoin improve the economy of a country? on: November 14, 2017, 12:25:15 PM
Depending on the government who manage a certain country. It has only two possibilities its either good or badit is not yet a guarantee to have a positively impact in some countries and some tries to regulate it. If bitcoin will be used widely all around the world i guess it will have some consequences to it as is to convert digital currency to currency.
195  Economy / Economics / Re: Regulating Bitcoin on: November 14, 2017, 10:42:02 AM
Cryptocurrency has been widely criticised for lack of regulation. Do you think it is possible to come up with a regulatory framework around Bitcoin?
yes i know that currency has been widely criticized because of lack id regulation but we know that bitcoin is that type of currency which people like and invest daily and if we see people all over the world invest in bitcoin only because bitcoin is full of benefits.
It has no id regulation because it is an anonymous currency with ni tracking code or any strings attached to that. Regulating bitcoin on some countries cant be helped because they only controls people in their states and not bitcoin itself though it may have some consequences that it may be possible to move downward of the bubble like value of bitcoin.
196  Economy / Economics / Re: what will happen to banks? on: November 14, 2017, 08:57:58 AM
Since banks profit from fees and blockchain will kill fees, my guess is banks will be negatively impacted.
Some banks are already stepping into the blockchain world.
But blockchain will not bring back the profits as otherwise.
Any thoughts?
Apologies if this is not the right place to discuss.
Thanks in advance.
They wont be fully influenced by that matter because bitcoin is not using any bank for transactions. And Banks cannot be affected by bitcoin because not everyone is using bitcoin as a currency only little knows about the existence of bitcoin.
197  Economy / Economics / Re: Will there ever be a Bitcoin Bank on: November 14, 2017, 03:58:35 AM
I think it is the nano ledgers or the trezor wallet is considered as bitcoin bank because it has the maximum security and offline transactions can be made through the wallet. Pretty much a bank to me but it doesnt have the term of a bank to them but it is to me.
198  Economy / Economics / Re: Why is bitcoin better than stocks, real-estate? on: November 14, 2017, 02:49:27 AM
Because if people get enough information about bitcoin. Bitcoin will be more progressive more than before if it is so popular to all the western countries. Bitcoin has no limits of value depending on the users balance to comply.
199  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: November 13, 2017, 10:59:29 PM
It is a lifetime guarantee to make profit and just waiting or leave that and work or entertain yourself for the time being. May as well benefit you for life if you just save even a 5 of it possibly to double you money for a year or two only.
200  Economy / Economics / Re: The Supply of Bitcoin Is Limited. The Supply of Cryptos Isn't! on: November 13, 2017, 09:54:44 PM
Yes it is but as of the rates now bitcoin has a value ike truck and users find it hard to cover all that rates by the value of it. Buying one bitvoin cost more than a car for some.
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