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1821  Economy / Economics / Re: Do you think billionaires invest in BTC? on: October 16, 2017, 02:53:28 PM
With all the hype in the recent months, I think many rich people joined the movement. Smiley

Probably that is the trend right now.  Since bitcoin continue to show its potential, a lot of rich people now are trying bitcoin.  But I do not know if billionaires will indulge in this considering that they can buy a lot of it.  Maybe they just bought a portion and let it sit in their wallet.  Besides they have many things to do aside from this one.
1822  Economy / Speculation / Re: Is it too late to buy bitcoin? on: October 16, 2017, 02:29:41 PM
It is not late for somebody to invest something if you are smart. Bitcoin will always go higher, the price of it will always be valuable. Many people start to invest Bitcoin nowadays when they see many people get a very great result about Bitcoin. They impress with the money they get. So if people continuously invest Bitcoin, it won't late to buy Bitcoin

Indeed, everything you said is correct.  It will always goes up.  And that makes me realized now that I should buy more bitcoin.  Just like what you said, its price will always valuable and it is always the best time to buy bitcoin.  There is no need to think about where to invest since bitcoin is the proof that its always wise to invest in it.  And it is not too late.
1823  Bitcoin / Bitcoin Discussion / Re: What could go wrong with Bitcoin? on: October 16, 2017, 12:39:00 PM
I cannot think of reasons that could possibly go wrong with bitcoins.  Everything is in its proper place and it was intricately structured.  Bitcoin has been here for a long time now and if there is something that would stop it, it should be started since then.  I will and cannot accept any reason if ever there will gone wrong with it.
1824  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: October 16, 2017, 12:16:27 PM
They prefer bitcoin than fiat maybe its because of volatile that bitcoin can can do up and down even me i want bitcoin as an investments its because even you just only stock you coin the price is goes up

Bitcoin is indeed a good investment.  Even if you let it sit in your wallet, its price will still goes up.  And every transaction is safe because there is no physical money.  No one can rob it from you.  Plus, there is no hassle in paying things, just swipe and click and you paid already.
1825  Bitcoin / Bitcoin Discussion / Re: Should I invest now or wait a while? on: October 16, 2017, 11:04:29 AM
Hey guys, my name is Thamos and I'm fairly new to Bitcoin. I've been reading up on Bitcoin for like, only, 2/3 weeks now. I was already planning on investing but I wanted to have a bit more knowledge about it all. I guess now I do.

I was just wondering, seeing how Bitcoin's price has increased by a lot over the last couple days, when would be best for me to hop in the pool. Should I buy now or should I wait till the price drops (even if it's only by a small percentage)?

I'm just looking for some advice. Thanks a lot!

Well it is always been like buy low and sell high.  But how do we know when will be the right time to buy considering that bitcoin price is volatile.  We will be lucky if there would be a price drop and we will buy additional bitcoin for investment.  Just buy if you have extra money that you are okay to lose.
1826  Economy / Economics / Re: Is it better to save money or invest it? on: October 15, 2017, 04:01:49 PM
Doing both will be better in the long run as it will give better benefits to the user

Yes doing both is great.  Having a savings is good before engaging yourself into investment.  They said that it is okay if you do not have any savings then you jumped off into investment.  But I think for me, I should have a savings first.  An emergency fund is better to be established first before putting my money into investment.
1827  Other / Politics & Society / Re: What is the common cause of poverty? on: October 15, 2017, 03:36:04 PM
Will you explain what common  reason why some other country is still experiencing poverty and some person dying because of hunger because of efficiency on food?

Lazyness maybe and so much corruption.  Every country has its own natural resources that if goes to the right hand, its citizen will benefit.  But if the leader only wants to become wealthy and all what he was thinking is himself then that is it.  Many will become poor and hunger is widespread.
1828  Other / Politics & Society / Re: Democracy or Dictator ship ? on: October 15, 2017, 03:25:59 PM
If we look at the history some countries got maximum development in Dictator ship while some got maximum development in democratic government. Every system has it's own flaws and benefits. What do you like ? if we talk about the welfare of general people.

I want to try being under dictatorship.  I am living in a democratic country wherein everything that was done whether it is good or bad always ends up stating about its freedom.  I do not think that having so much freedom gives good thing in one country.  Democracy lacks discipline.  Yes, it is up to people whether you are disciplined or not.  But no one will do the right thing if there is always so much freedom.
1829  Other / Politics & Society / Re: Is Global Warming Real? on: October 15, 2017, 03:22:21 PM
Global Warming is truly real and its is here to stay. It is happening now. Check the news.
Rise of sea levels,  freak weather and insanely strong storms.
We are in for a wild roller coaster ride everybody. Shocked

I agree with you that global warming is real.  We are experiencing it.  Ice melts and polar bears are affected with it.  Forest fire whenever its summer which greatly affects the wildlife the animals living there.  Extreme heat that we experienced greater than before.  Truly, global warming is here.
1830  Other / Off-topic / Re: Should I Go To College ??? on: October 15, 2017, 03:07:01 PM
Yes off cause you should go to college. Learning is not a bad thing. We need more and more learn. learn makes a man perfect. Going to college may be more important now than ever before. Finally, a college degree is required for many entry-level jobs.

Besides having a degree will open a lot of opportunities.  If you are not good in business or do not have skills then finishing your college  will be your road to success.  It will be your way to achieve your goals and have those things you always dreamed off.  Plus there are many people around the world who really wanted to study and yet because of financial.
1831  Economy / Economics / Re: When is the right time to buy bitcoin ? on: October 14, 2017, 02:05:33 PM
wait while hardfork usually a few days after that bitcoin prices will go down it's the best chance to buy bitcoin

So the best time would be when bitcoin price goes down.  I also wanted that time to happen because I will be able to buy bitcoin for a low amount but with great potential.  And we already saw that bitcoin is really an effective investment. It is truly one of the best thing to invest with.
1832  Economy / Economics / Re: What will happen if we use a one currency only? on: October 14, 2017, 02:03:03 PM
for example if we use the dollar it will certainly be bad news to see the habits of the corruptors in Indonesia, they will never do small corruption. What if they later corrupted $ 50 million or even $ 1 billion. Countries will be dizzy to tackle such corruption cases. that is if we use only one currency, for example the dollar currency

I do not think that will ever happen.  No one will do it and the US will not let it happen.  All prices or commodities when exchange to other countries were based on usd.  When you import or export, it is like all have equivalent to US currency.  But we are lucky to experience that one currency through bitcoin.
1833  Bitcoin / Bitcoin Discussion / Re: The reason that keeps me from investing in bitcoin on: October 14, 2017, 01:56:23 PM
investing in Bitcoin in the long run may go up from year to year but if investing with big capital there will be a big risk also may be the price will decrease in the future rise and fall we do not know.

Yes investing is risky.  So you will just invest the amount you can afford to lose.  And you always have to monitor the price of bitcoin as to avoid possible collapse.  But we saw how bitcoin is doing.  Its performance for the past years just shows that it continue to grow.
1834  Bitcoin / Bitcoin Discussion / Re: I did it! Traveling with Bitcoin and $100 only on: October 14, 2017, 01:53:12 PM
My journey started on Sep 21, from Boston to NYC, flight to Egypt then Turkey, back to Boston! Carrying $100 just in case and 3 bitcoins in my wallet!

Fuck If I will ever carry credit card, or cash any more:

1- I used Localbitcoins for cash! Search for best local currency rate!
2- How much I save from credit card fees and Fiat exchanges: $305.
3- Is it save to deal with Localbitcoins in person overseas? Yes, so amazing nice guys, you are making friends Smiley


You should try it! & $100 stayed with me! and I spent less than 1.9 btc in both countries!!!




Wow.  What an amazing experience to have it.  I also want that to experience.  Actually I guess it is more safer because you do not have a big amount to show and less holduppers.  But I do not have that bitcoin as much as you.  I never have even one bitcoin.  I wish I could do that someday.
1835  Bitcoin / Bitcoin Discussion / Re: What do you like best about bitcoin? on: October 14, 2017, 01:50:26 PM
what I like best about Bitcoin is that Bitcoin always goes up day by day. and it's a great opportunity to invest or trade Bitcoin.

Yes but sometimes it goes down.  Bitcoin is truly our hope now.  Having them and involving myself into it makes me realize that I am blessed.  I like the fact that I have another source of income.  Another source of income which is like an investment also.
1836  Bitcoin / Bitcoin Discussion / Re: Are We Dead Without China? on: October 14, 2017, 01:48:18 PM
China has become the powerhouse for Bitcoin (and the whole cryptocurrency in general) as it is hosting many Bitcoin miners due to cheaper electricity and maybe also cheap labors. China also boasts of probably millions of Bitcoin owners and traders who are influencing the moves of the market on day to-day basis. As far as acceptance of Bitcoin in China, it is comfortably good until such time when the government decided that it is time to intervene.

In general, the Chinese government is not comfortable with Bitcoin as it indeed representing a different currency that they can not control with. since Bitcoin is decentralized it would be hard for the government to make interventions and so they are thinking that maybe it is time to ban it altogether. The government can not kill Bitcoin but what they are doing is actually closing the country as a market for Bitcoin.

So the question is: Can Bitcoin survive without China? In case, it can't then then there is something wrong with it since it is not resilient to ride the big storm it is in.

Considering its price growth right now and continuously to grow, then we are not affected by the banned made by China.  Bitcoin will be greatly affected if it came from China but since it is from the America then we are good.  Plus, not all Chinese are into bitcoin.  Many are using bitcoin and continue to use it.
1837  Bitcoin / Bitcoin Discussion / Re: regret by not believing in BITCOIN? on: October 14, 2017, 01:45:45 PM
I was bored about it because I learned bitcoin through faucets that was too long to make anything and the value back then was not like this so I was kinda regretting on not believing in bitcoin

The important thing right now is we believed in it finally.  I also regret the fact that I ignored it before.  I was skeptic and do not trust bitcoin easily.  Thankfully my friend was so persistent and now I am happy being part of it.  Bitcoin is such an amazing thing that happened to me.
1838  Bitcoin / Bitcoin Discussion / Re: Hotels accepting bitcoin on: October 14, 2017, 01:42:49 PM
Good to hear that.
I wish that it will also be legalize in our country soon.
So, I can use my bitcoin everywhere.

Hoping also for that.  It would be less hassle and stress if we can use bitcoin to hotels.  There is no need for us to have a fiat and even cards.  In that case our money will be scure and there is no chance that people will do bad to us.  But, I will not use my bitcoin if it is too expensive.
1839  Bitcoin / Bitcoin Discussion / Re: is it risky to turn all my money to bitcoins? on: October 14, 2017, 01:37:20 PM
The golden rule of investment is to invest only the money that  you can afford to loose.
Never invest food money, housing, medical bills etc.
If you follow such rules, you can invest money in bitcoin and wait for results without to much stress or risk.



Yes, just invest what you are willing to risk.  And it is not a wise thing if you will turn everything , all your money to bitcoin.  Where will you get money to buy foods and other necessities.  Also where you will get to pay your bills.  But if you will invest everything and you invest it before, then surely, you have a brighter future.
1840  Bitcoin / Bitcoin Discussion / Re: Reasons why now is the time to invest in Bitcoin on: October 14, 2017, 01:34:38 PM
It would seem that Bitcoin is a volatile object of mystery, but the reality is that it (blockchain) is brand new technology that is already disrupting how we give and receive money across the globe. I can see the potential, yet also understand the risks.

Why do you think now a good time to invest in Bitcoin?

Bitcoin just showed the world and proved that it is the next big thing.  A real deal.  Bitcoin surpasses commodities like, gold, copper and gas.  Indeed in just a short period that it was launched, its price grow rapidly.  And if not now, bitcoin price will goes up and would be expensive.
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