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1801  Economy / Economics / Re: Which one is good, trading or investing? on: June 22, 2017, 03:38:50 AM
i do both trading and holding, also lending on poloniex for the risk averse.. way better than lending to random people here  Grin

both were good it will just depend on how we will ork and manage it.
But I do not know what to do. At least stand, at least fall, at least laugh, And I look at the price of Bitcoin and I understand that it will grow from one country to sell it would not be desirable. And I also want to buy more, it means only one thing, I will store and have supper the best prices. I will definitely invest in Bitcoin if additional funds are available.

You are going to do the right thing. If you are not a very experienced trader then forget about trading and just invest in Bitcoin and hold. I bet many traders can testify that if they were not trading at all they would have much more money right now.
It might not matter if you trade with little capital. Calculate it as your learning time about trading. Because the best lesson is with experience. So it's not a problem to trade with little capital even if you do not have the skills

1802  Economy / Economics / Re: How to double your money using BTC? on: June 22, 2017, 03:25:38 AM
In fact, few investment instruments seem as unpredictable and volatile as bitcoin. There is no guarantee that in six months the value of bitcoin will increase by 100% (at current price, it would have to be worth $5,500 in December). However, I do believe that in a longer term speculation with bitcoin can generate profits even greater than 100%, taking into account that a conservative goal in the bitcoin price would be at least $10,000 in a couple of years.
Many people are predicting that the future of bitcoin or the next few years bitcoin prices may be very high even more 2 times more. If you want to double your money of course you can choose long-term investment in bitcoin

1803  Bitcoin / Bitcoin Discussion / Re: How many people are asking you about Bitcoin now? on: June 22, 2017, 03:16:34 AM
Few of my friends from the neighborhood asked me about bitcoin when they come here in our house asked me what I was doing so I told them about this, I don't know if I have convinced them with my explanation but I hope they will find time to read about crypoto and join the community. 
Just like my college friends. They know that I'm a bitcoin user. Because I've introduced bitcoin on my campus .. so they ask what is bitcoin and how to use it. Then i just replied you should read it on google and read more deeply.

1804  Bitcoin / Bitcoin Discussion / Re: 10 main mistakes of Bitcoin newbies on: June 22, 2017, 02:58:19 AM
Mistake : simple those who are not patient and just sell of their btc when they think its crashing
That's what newbie (including me) usually do, they'll be very easy to panic and scared when something happens to bitcoin prices. As prices are going down very sharply and there are sure to be a lot of newbie users who panic and sell all their bitcoins

1805  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: June 21, 2017, 06:25:41 AM
I do save bitcoin for future purposes i want to secure my future thru bitcoin i believe on the power of bitcoin and i know the price of it will continue to pump until it hits $10000. i know its possible and i am sure i will be happy on that time. Well i do have fun joining signature campaign and trading also.
We can not determine the price that will happen. All I do is keep generating bitcoin and then saving it a few percent for the future and the rest for daily use. I just want the price to go up at least 2 times what I bought and then sell it
1806  Economy / Economics / Re: How to teach kids about Bitcoin? on: June 21, 2017, 06:24:13 AM

I don't know but I can tell you how I teach my kids: I wanted them to do a lot of exercices so that they can easily understand how to learn so that I think we can do the same to Bitcoin
You can give an example of how to use bitcoin, how to get bitcoin, how to shop with bitcoin.
But I'm sure they will not understand deeply about bitcoin. Because they are not ready to accept it. They just understand how to play
1807  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is not supported in some countries? on: June 21, 2017, 06:23:10 AM
Bitcoin does not need to be supported by countries. Its supported by the blockchain and everyone can use it with an internet connection.
Nope I think although not related directly. Legalization of the government will greatly help the development of bitcoin in the future. Imagine if the whole country forbids bitcoin. Of course there will be no stores that accept bitcoin, no official exchange, it is very horrible

1808  Bitcoin / Bitcoin Discussion / Re: Why Cash is better than Bitcoin. on: June 21, 2017, 06:21:03 AM
I think it's safer to trade because everything is real ...
But sometime I feel that Bitcoin is much more better than cash money because bitcoin is much more secure and we do not worry about our money and no one can steal our money and we can easily transfer our money to other country without any high fees are high tax and we can easily buy anything with Bitcoin from any country.
I think maybe your bitcoin could be stolen due to hacking. But that rarely happens if you use more security in bitcoin. I think for now cash is better than bitcoin to do spending. For other things I think bitcoin and cash beat each other
1809  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be used by ordinary citizens? on: June 18, 2017, 05:30:32 AM
I believe that Bitcoin will become universal and will be used by a lot of people.  Grin
Actually today even though bitcoin is universal. Whoever you are and where you are, poor or rich. You can use bitcoin without any prohibition. That's why bitcoin is called the freedom currency. Because you are free to use bitcoin even for any activity
1810  Bitcoin / Bitcoin Discussion / Re: In what situation would Bitcoin die? on: June 18, 2017, 05:23:31 AM
One way that bitcoin would die would be if another type of online currency became so successful that it makes people completely ignore bitcoin.
One of the other cryptocurrencies that have the chance to compete with bitcoin is their ETH has a remarkable development. And ETH prices also skyrocketed. Maybe in the future ETH will be a tough competitor for bitcoin. And competitors can also make bitcoin die

1811  Bitcoin / Bitcoin Discussion / Re: What if, we advertise bitcoin on T.V.? on: June 18, 2017, 05:19:48 AM
This is fine, because many people will know btc and promote the btc reception of the government, but it is worth paying attention to who will pay for the ads on TV. On the other hand, for btc bad thinkers, putting btc on the TV is almost impossible.
Of course that would be impossible? Who will pay advertising fees on tv. Developers? Of course that's impossible. There is no boss in bitcoin so nobody will want to pay for advertising costs. I think the spread of bitcoin is scattered automatically. Not really need advertising on tv

1812  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: June 18, 2017, 05:13:59 AM
Absolutely yes. Investors and traders consider bitcoin because of its price. Thus, they can ascretain if they'll earn profit in bitcoin or not. For investors, they invest in bitcoin so they can earn as bitcoin pumps its value because of big investors. For traders, they consider bitcoin's price so they can earn profit if there is flactuations and volitality.
Yeah price is very important for bitcoin users especially investors or traders. They wait and hold the bitcoin and wait patiently. What they are waiting for is a price that turns high and goes down (depending on the need)
Price is very important for bitcoin life
1813  Economy / Economics / Re: If you were in desperate need for money.... on: June 18, 2017, 05:08:04 AM
If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.
If people were in desperate or needed money or bitcoins they could do illegal activities like selling drugs, robbing, scamming, and other illegal things which involves money. But if i were desperate in money i could go for bitcoin because i am seeing many people who has been rich using bitcoin and i am inspire by those people.
Then ,what if desperate in money in emergency .Those things you said that were illegal will be in the line of someone who's in rush need of money .For long term is in bitcoins and it doesnt in hurry or in true desperate like the OP post.
Maybe people who use illegal things to solve their problems like desperate money because first they can be stupid, or they already have no other option to be able to get money so he does something illegal

1814  Economy / Economics / Re: Bitcoin Wallet on: June 18, 2017, 05:04:30 AM
Blockchain is by far the most used bitcoin wallet, but the tide is shifting mainly due to their high transaction fee and their recently disabling the ability to send bitcoins to lots of people will make them lose customers.
Thats right dude, if i could vote i prefer blockchain in a few years back. Because the display is more lightweight, easier to use, low fee, and certainly can do bitcoin sending in many addresses. While current. The function is gone

1815  Economy / Economics / Re: Can bitcoin improve the economy of a country? on: June 16, 2017, 10:03:03 PM

This is so irrelevant. Why shall bitcoin improve the economic conditions of a region?

I don't see your point in asking this. Bitcoin is only a financial tool.
Of course bitcoin can improve the economy condition because it give people chance to get second resource.  It also can move the wealth inside the country
A country's economy can get better because people in that country use bitcoin for their work. So it makes their economy better. So it affects the country indirectly #imo
1816  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin overcome Paypal? on: June 16, 2017, 10:01:21 PM
bitcoin currency and paypal arr belong into different field. we use bitcoin as virtual crypto currency payment and paypal is in a common or traditional payment. so in the next 10yrs or decade paypal will still be the up over bitcoin.
I think the main point is, we have to admit marketcap currently paypal marketcap is still greater than the bitcoin and I bet 5 years longer bitcoin will overcome paypal.
Of course bitcoin marketcap will be higher than paypal. See bitcoin users keep coming and it will make the volume and marketcap continue to rise and I'm sure someday. Maybe a few years to come. Bitcoin marketcap can beat paypal
1817  Economy / Economics / Re: What would happen if Bitcoin became a legal currency? on: June 16, 2017, 09:52:45 PM


I think if that happens, surely from something that happens there is a good side and there is also a downside. Depending on how to do it well or not, how to manage it, manage it and expand it to avoid any decline or disadvantageous.
There will be many questions when bitcoin is properly legalized by the world, what will happen next? Yeah how to control bitcoin? And there are many other questions. One thing that will make bitcoin in legalized is the government can manage or control bitcoin
1818  Economy / Economics / Re: How to double your money using BTC? on: June 16, 2017, 09:51:30 PM
The easiest way to double the money with bitcoin is to fix it, just buy bitcoin now and keep it for a few years, maybe 5 or 10 years, then your money will multiply, buy bitcoin and forget it, it's quite easy
I think it's still speculation because maybe the bitcoin price will not be higher in the next few years. Because all possibilities could happen? It's better to double your bitcoin in the near future. Such as trading, gambling, binary, etc
1819  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: June 16, 2017, 09:38:53 PM

I think you should,you can, and you will buy a house in cash |(bitcoins type ) if price go very up high and it goes into news everyday on our tv and if businesses will accept bitcoins payment for their houses
It seems for now it would be better to use cash to buy a house. You have to exchange your bitcoin with cash to buy a house. Because at this time it seems there is no home seller agency that receives payment with bitcoin?
1820  Economy / Economics / Re: Bitcoin reduces unemployment on: June 16, 2017, 07:19:16 AM
Yes bitcoin can reduce unemployment but create virtual criminals

That's the disadvantage whenever there are beneficial,bad guys targeting it in the most easiest way to earn big time. Since its virtual identity were hard to determined.
Lol I laughed because you said Ar3zki
Yeah bitcoin reduces unemployment in the world. Many people who do not have a job then earn a good income in bitcoin so that it gives a good influence for their economy. But also increased crime because of the anonymity of bitcoin
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