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1881  Economy / Economics / Re: Can Bitcoin also lead to corruption ? on: May 27, 2017, 09:25:22 PM
Definitely Yes, it is not Bitcoin but the people handling bitcoin that creates corruption. Greed of money and power will make it corrupt.

All of the medium for transactions doesn't have something to do with bad transactions. But yes we are the ones that are making the decision if we are going to allow and let those mediums specific with bitcoin to use for corruption. Maybe in the future or at this moment there are corrupt people that are thinking about it already.

Government officials or businessman might already studying it now on how they will be able to do it.
Bitcoin is gaining in popularity as a secret currency because it is anonymous. I'm sure there are a lot of people who start studying bitcoin and then they will utilize bitcoin as a method to do corruption
1882  Economy / Economics / Re: Can bitcoin improve the economy of a country? on: May 27, 2017, 09:23:24 PM

Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?

At least so because if a country there are many people who use bitcoin at least their per capita income will increase, because we know now that bitcoin is very high value, that is the advantage that can be obtained from bitcoin.

For now the government will not be able to think about how to benefit from a bitcoin user tax, because that would be very difficult. Bitcoin could make the country's economy better. But not from taxes

1883  Bitcoin / Bitcoin Discussion / Re: So Bitcoin is better than Gold? on: May 27, 2017, 09:22:12 PM
So Bitcoin is better than Gold? Roll Eyes
That's for sure, bitcoin is better than gold .Bitcoin is better than gold in terms of value and competitiveness in the market, not, the bitcoin helps us transactions quickly, meet the many different needs of users
In some aspects of gold's superior bitcoin such as short-term gain, liveliness in the market, etc. But in other aspects gold may be more favored.
1884  Economy / Speculation / Re: We're reaching $3,000 soon! on: May 27, 2017, 09:06:17 PM
today the BTC lost some , but now is coming up again! what do you think guys it will go back under 2000$ ?
Thats true, bitcoin prices are currently decreasing. Probably because there are many people who make sales. Because I'm sure many users want big profits. So they sold all their bitcoin yesterday
1885  Economy / Economics / Re: panic selling on: May 26, 2017, 12:40:56 PM
There will  be no more panic selling this year, although people will be in panic mode in buying bitcoin at this current price,  i saw a post on bitcoin discussion that they cant buy cheap btc when september comes.
I think bitcoin users are smart enough nowadays. They will not easily panic as prices rise. They will be patient and see the market situation to make sure first. That's why there is no panic selling
1886  Economy / Economics / Re: The dream of getting rich with bitcoins on: May 26, 2017, 12:39:53 PM

I don't have any dream of getting rich with bitcoins as my income from bitcoin is really low and I even don't have enough time to spend online but one thing I always make sure that whatever I earn from bitcoins I save them for future without spending anything.
Do not give up before you take out all your strength and effort. Rest assured that you can become rich and keep working. I'm sure the results will not betray the process
1887  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: May 26, 2017, 12:37:18 PM
I am saving bitcoin to secure my future as bitcoin has an ability to make me rich in future so I am trying to save maximum amount of bitcoins so that I can sell them when price will reach to the moon.
The potential for bitcoin in the future is very high. So it's a shame if you have no plans to keep it until the future? Try to allocate income for your future with bitcoin. It will be very profitable

1888  Economy / Economics / Re: panic selling on: May 26, 2017, 12:25:55 PM
Selling will be now not the best thing that you can do and that is because the value is not even that high now and that have to change because the value of Bitcoin is now rising slowly.
And many people are now holding it for a long time because they see that the value of the Bitcoin is rising slowly and that the halving is also coming.
Exactly, its better to hold your bitcoin right now than to sell it. The fact that bitcoin price is continuously increasing, you can get some profit when you hold it. Panic selling is not a good idea because if the price of bitcoin fall instead of getting a profit you'll lose some of it.
I think it would be better if you arrest him. Look at bitcoin prices keep moving up and start craze. Surely you do not want to lose? It would be better if you arrested him. Surely you will get bigger profit?

1889  Economy / Economics / Re: Bitcoin or gold? on: May 26, 2017, 12:23:40 PM
I have both but I prefer BTC to gold.. More fun to have  Grin
Choosing both is a good idea. I use bitcoin for short-term investments or trading and invest in gold for the long term. Yeah saving the future

1890  Other / Off-topic / Re: Bitcoin is a good investment now, because... on: May 26, 2017, 12:19:49 PM
It is really good to invest right now because for me, bitcoin nowadays really in demand and it increases every year, so I think in the next 10yrs it wll increases more and we should start to invest now than later.  Grin
I think nobody can hold their bitcoin for 10 years. I do not think you should hold your bitcoin for too long because you can make a profit even if you just hold it in a short time
1891  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: May 26, 2017, 02:51:27 AM
If you manage to save bitcoins for a long time then it will definitely help you in positive way and will give you best returns on your investments in future so I am not spending my coins at a moment as I am sure that it will hold much higher value in future.
Which definitely keeps the bitcoin in the long run is giving you an advantage on the investment you have. Because bitcoin prices will definitely continue to rise. So if you sell it in the future you must be lucky
If you see the trend in a month is indeed very surprising, I think in the short term will be quite high, I hope in the long run will continue to rise

I will continue to rise, but we are still not immune to its potential to drop by a big margin. That is how bitcoins is, it's very volatile but it has a great potential to grow than to just drop and die. We just really need it to be accepted by more people and we need to implement a way to speed up transactions.
The worst possibility for a sharply downed price might happen. But we do not know when it will happen. So be careful. Find the right time to sell
1892  Economy / Economics / Re: panic selling on: May 26, 2017, 02:30:26 AM
^ Most idiotic comment ever

Why would anyone hold stuff which will fall?Huh?
It is a sure thing going that bitcoin prices will definitely go down? But the falling price is a reasonable cycle in bitcoin. And the price will definitely go back up because it's a cycle. So that's why we hold back
1893  Economy / Economics / Re: The best investment you ever made? on: May 25, 2017, 09:51:28 AM
Bitcoin it self is a good investment but if you want to earn more you can also do trading. You just need to research and learn about the certain coin you want to invest to make sure that it's worth every penny you will put in that coin. As for me I am holding Nem and Ripple.
Thats right, I think investing in bitcoin alone can bring huge profits. You just need to find the right price to buy and wait until the price of the pump. That's what I usually do
1894  Bitcoin / Bitcoin Discussion / Re: What do you like best about bitcoin? on: May 25, 2017, 09:48:38 AM
I like the best about bitcoin is the security because when i sending money to the people in the other part of the world and even if it is a high amount of money, i don't need to worry about my identity because bitcoin doesn't need that and i'm not even traceable so i will not be in danger.
And how much amount you send. It does not affect the fee for getting bigger. Different from other remittance methods. The greater the amount you send the greater the fee you have to pay
1895  Bitcoin / Bitcoin Discussion / Re: What is BTC for you? on: May 25, 2017, 09:46:53 AM
For me, BTC is an income and a hobby.. Im highly interested in Economics, so BTC is one of those game changers, IMO
I agree with you, bitcoin provides income for me let alone I work always in front of the computer and when the break arrives, usually I work in bitcoin for additional income
1896  Bitcoin / Bitcoin Discussion / Re: How many people are asking you about Bitcoin now? on: May 25, 2017, 09:45:59 AM
Almost more than 10 people asking me about bitcoin because they always ask how can i get money on bitcoin.  And i explained some but not at all because its hard to teach person that have no knowledge about cryptocurrency.
Wow that's pretty much, I have blogs and tutorials on how to join in bitcoin from scratch to make money from bitcoin. And usually I tell them to see my blog
1897  Bitcoin / Bitcoin Discussion / Re: So Bitcoin is better than Gold? on: May 25, 2017, 09:44:17 AM

Bitcoin regards contribute in light of the fact that the cost is constantly inquisitive and gold is additionally great  however gold has a bright future. it is my personal thinking. Grin
I think the future of bitcoin will be much brighter. Look at the potential that is on bitcoin. Users continue to arrive throughout the year and you know the price keeps going up. Bitcoin has a good future
1898  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a source of income? on: May 25, 2017, 09:39:48 AM
Yes because is a good source of income because it helps other people to earn an extra income and without jobs. For example like me i find an extra  to earn  and opportunity. Because is a big help to us especially in our needs and billings. And i hope next next year bitcoin is become currency and stable.  Bitcoin is more uses and very useful , no needs to go outside to earn
yes agree with you no doubt that bitcoin is a good source of income, as the people have invested money there and the price is continuously increasing therefore giving good income and we can call it as good source of income.
There are many methods of work in bitcoin world. So do not be surprised when many people use bitcoin to use as their main job. Or in addition to their income.

1899  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: May 25, 2017, 09:34:03 AM
If you manage to save bitcoins for a long time then it will definitely help you in positive way and will give you best returns on your investments in future so I am not spending my coins at a moment as I am sure that it will hold much higher value in future.
Which definitely keeps the bitcoin in the long run is giving you an advantage on the investment you have. Because bitcoin prices will definitely continue to rise. So if you sell it in the future you must be lucky

1900  Economy / Economics / Re: Can bitcoin improve the economy of a country? on: May 25, 2017, 09:22:14 AM
Yes, definitely bitcoin can play a substantial role in changing the economy especially when its use becomes legitimate. The government then can earn from taxes thus increasing the country revenue which can be use to enhance and improve the countries economy.

I want to ask you how the government benefits from taxing on bitcoin. If the bitcoin user is anonymous. Even the government does not know which bitcoin users are from their country?
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