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1961  Economy / Economics / Re: Is it better to save money or invest it? on: July 20, 2017, 11:34:47 PM
Is it better to save money in bank or invest it online, in real estate or maybe gold?
Saving is the very best way to double your money. Holding bitcoin is very effective way to earn big profits.
If what you think save will double your money by saving in the bank. That is the wrong thing because they only give very little interest every year and you can not just depend on it to double your money? Save only has the function to collect your money
1962  Economy / Economics / Re: Can Bitcoin End World Poverty? on: July 20, 2017, 11:32:14 PM
Bitcoin and blockchain encryption has a greater ability to end the world poverty. And, Bitcoin is the currency is the future. Already a lot of countries accept Bitcoin.
Nope, I think you're too much to say that bitcoin will eliminate poverty in the world. To eliminate poverty in the world is impossible for bitcoin and even for the government though. This will be an eternal task for the government to be able to eliminate poverty in the world
1963  Economy / Economics / Re: What is your best investment strategy? on: July 20, 2017, 11:29:56 PM
I spread out most of my investment in different ICO, some of them fail but the ones that succeed tend to give me more btc than the losses I make on failed ones.
It is because not all the Ico's are good and successful. Some of them also are becoming scam in the end and some are cancelling. Though it is also a good way to explore and diversify your investments in ico. But you must do something for knowing their background and their roadmaps.
If you're going to review their platform and their capacity, the risk if being failed in your investment is less likely to occur. Thus, the best investment strategy is not the right money management but being an obesrvant investor.
ICO can be something very profitable for you if the coin gets a spot/place on such an exchange site and then has a sale price?
But to be able to get that ico coin, you need to look for a potent ico and it needs good analysis to find good ico
1964  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: July 19, 2017, 01:50:00 AM
I don't think that Bitcoin will ever be able to replace dollar as dollar is accepted everywhere in this world and it is regarded as a global currency but Bitcoin is not that popular. Moreover Bitcoin transactions charge very high fees which makes the use of Bitcoin impossible for small transactions.
Of course it would be impossible to happen, look at the dollar is the currency of a country and legal there is no shortage in the dollar. Whereas bitcoin has not been widely accepted anywhere. How can bitcoin replace dollar? I think this statement is just a joke lol
1965  Economy / Economics / Re: The dream of getting rich with bitcoins on: July 19, 2017, 01:39:17 AM

Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.

How much money did you earn with bitcoins? Or did you lose some?

For some people, bitcoin is a good way to make money, and me too, not too hard to make a profit from it, however, you can also lose a lot of money. Bitcoin is like a double-edged sword, it's only for the wise.

Getting rich with bitcoin is possible and lots of people got rich with bitcoin. This is true. But from now on, it's not that easy to get rich by having bitcoins because it's really expensive itself.

Yeah and to get rich with it you need to have huge amount of bitcoins in your wallet which is not possible now as price is very high now so cannot afford to invest higher capital in it and its also not easy to earn bitcoins as it requires great efforts and hard work even to earn a small amount of bitcoins.
Actually the higher the bitcoin price of course it will benefit you more. Because you can sell bitcoin at a more expensive price
So try to get as much bitcoin as possible. There are many methods of getting bitcoins for free or using capital
1966  Bitcoin / Bitcoin Discussion / Re: What do you like best about bitcoin? on: July 19, 2017, 01:27:20 AM
The best advantage in Btc is the untraceability.
Because the hardest thing in having money is how you deal with it.
This is why many of businessmen goes to jail, because they don't know how to launder it.
Bitcoin is great if you want to do money laundering, no identity, anonymous, decentralization. Surely this bitcoin excess is very characteristic of bitcoin? Although there are many who use the advantages of this bitcoin for illegal activity. But this anonymity is helpful
1967  Bitcoin / Bitcoin Discussion / Re: What are your plans with your Bitcoin? on: July 19, 2017, 01:15:46 AM
Hi guys Smiley May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business?

I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you?

There's no much places to invest, also we can see a lot of scams related to bitcoin.

My plan is use it as a currency, not an investment, just spend some coins here and there and that's it.

Investing was too much risky so kindly don't try to spend your money to that kind of business try to spend it on sure even have an low profit so atleast you can sure that a money work have an better place.

Not all the investments are scam and risky as if you invest in good altcoins after doing a research then you can make good profits from it and if you don't want to take risk of investing then better to keep them safe in wallet and wait for the price to go higher.
There are many types of investments in the world, such as investing in gold, real estate, etc. All have their own risks. If you invest in online of course the risk that you will face is a scam, you must be smart in choosing the place of investment because it will determine the risk

1968  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: July 18, 2017, 01:07:31 PM
I am currently saving bitcoin for investment purposes, because for me, bitcoin is a good investment for future economic change, even though current prices are declining but believe in the next few years bitcoin prices will soar to reach highest phase in cryptocurrency
If you keep the bitcoin for the future of course you are not a problem now and do not panic about what will happen later on August 1st? Because you believe in the future bitcoin right? I'm curious about someone who uses future investment bitcoin, is it they will sell it now or still be patient?
1969  Economy / Speculation / Re: Is it too late to buy bitcoin? on: July 18, 2017, 12:45:52 PM
Of course this time is the right time to buy bitcoin, and investing in bitcoin will have a good chance for the future. Bitcoin is able to benefit investors who invest in bitcoin with long-term investments of course, and some investors have managed to gain Multiple profits from their investments in bitcoin.
Yesterday the price had touched $ 2100 price and is currently back to the price of $ 2200- $ 2300. Should you be able to take advantage of this opportunity to make a profit in a short time? Because the price change occurred within one day and now the price change is so fast you have to dare to accept all the risks
1970  Economy / Economics / Re: Bitcoin or gold? on: July 18, 2017, 12:37:55 PM
i choose gold. cause the gold value always raising up and its limited on earth
Bitcoin also has a limit on the number and when bitcoin users have reached the whole world of bitcoin prices will probably exceed the gold like some time ago. The gold price is too slow to change so I prefer to invest in bitcoin because it is fast profitable
1971  Economy / Economics / Re: Can Bitcoin End World Poverty? on: July 17, 2017, 06:39:45 AM
The number of bitcoin if divided evenly around the world population of about 7.5 billion then I make sure enough and can reduce poverty. All dependent on state policy, whether or not they care about poverty.
Yeah I'm more in agreement with the word "reducing poverty in the world" because to end poverty in many countries is not an easy task. This is very difficult even the government can not solve this, even though USA country still has poor people?
1972  Economy / Economics / Re: Is the economy situation in your country that bad? on: July 17, 2017, 06:37:01 AM
In my country there is always a positive signal, but for some reason they never come true. The economy is not growing. The government says that the economy is growing but of the government that no one else sees.

In Venezuela, the economy is terrible and people are suffering from poverty. If you have a positive signal in your country, pray to God. Some countries like mine are horrible.
Actually the government plays an important role in the economy of a country. Policies that benefit the people should be prioritized so that the economy will improve but what governments do in poor countries is corruption for their own personal interests. This happens a lot in poor countries
1973  Economy / Economics / Re: Is bitcoin now the strongest currency in the world? on: July 17, 2017, 06:30:50 AM
See how the prices are diving now. Bitcoin has lost more than 30% of its value during the last 3 days, and I believe that by August 1, we will be ready to witness exchange rates below $1,000 per coin. Strong currencies don't get decimated like this.
It proves that bitcoin is not strong enough, look when something happens to bitcoin and when panic happens many users make a sale and it makes bitcoin prices go down very deep. That's enough to prove that bitcoin is not strong yet. Maybe time will tell when bitcoin will be strong enough
1974  Economy / Economics / Re: Is bitcoin a good way to invest your money ? on: July 17, 2017, 06:18:23 AM
I heard that bitcoin is a good investment for making a huge profit in the future , is that right ? Because i want to buy some bitcoin in these days .

If you're serious with your question, you better keep it like storing it. Otherwise it's not a instant earning like happens in altcoins.
To be very honest and simple, I think that bitcoin is more likely to be hold for long term which will definitely bear fruit and the alts are for a short term and I must say for day trading instruments. If you are expecting bitcoin to prove itself being best in a month or so then you better move forward because it is not gonna happen.
I think you can just get instant income in bitcoin by trading bitcoin of course the risk will be quite big. Due to fluctuations in bitcoin prices? It is better to invest in bitcoin over long periods time and the risk will be lower profits will be more much
1975  Bitcoin / Bitcoin Discussion / Re: Do Banks fear cryptocurrency on: July 17, 2017, 05:50:40 AM
I think banks were having fear of cryptocurrency,Even though cryptocurrency were accepted by some banks,you cannot erase to their minds that cryptocurrency is not good for them,but it can really help.Thats why many countries does not legalize cryptocurrencies.
At this time it seems there has not been any cryptocurrency received by the bank as well as bitcoin. I think because banks would not want to accept the risk by receiving bitcoin. Certainly there will be many who take advantage of this to do illegal things. Such as money laundering with ease ?
1976  Bitcoin / Bitcoin Discussion / Re: What is BTC for you? on: July 17, 2017, 05:47:40 AM
Nowadays we can see bitcoin as a source of income, whether you are a fulltime or part time to earn it. Because in many ways bitcoin is such a big help for us. Ex. We can buy and sell using bitcoin .
Yeah bitcoin has a good effect on my life you know because I use bitcoin as my source of income
I work and invest in bitcoin. Investment in bitcoin is very profitable for me plus income from my business in trading and others method
1977  Bitcoin / Bitcoin Discussion / Re: how many country recently accept btc? on: July 17, 2017, 05:44:10 AM
how many country of the world now accept btc?  Huh Huh

Well if you haven't heard, India has legalised bitcoin recently, whether this is good or bad is still yet to be discovered. On one hand more countries accepting bitcoin is always good since it brings more attention, but since power in India is super cheap may pose a question for the miners.

I think it will have a good effect on bitcoin or its users. Of course there will be many parties like stores that will receive payment with bitcoin, and certainly there will be many people who will start using bitcoin and of course this will have a good effect on bitcoin
1978  Bitcoin / Bitcoin Discussion / Re: What are your plans with your Bitcoin? on: July 17, 2017, 05:40:12 AM
Well my plans are quite simple, will invest a portion of it in other alternate currency, the other i will cash out Smiley
I was wondering what if while switching to invest in altcoin or other commodities. While bitcoin will do hardfork or segwit because maybe it will be detrimental for bitcoin users? Maybe my plan would be to sell most of my bitcoin and store it in safer commodities
1979  Economy / Economics / Re: Tell me your predictions about Bitcoin on: July 14, 2017, 08:18:34 AM
I think that Bitcoin has a very bright future ahead of it and it will be showing remarkable growth in future. In 5 years you can expect the price of Bitcoin to be more than 25000$.i don't think that any other cryptocurrency has a future as bright as Bitcoin.
If you believe in the future that will happen to bitcoin you should not be too concerned about what will happen on August 1st right ?
Of course you will continue to use bitcoin and invest in bitcoin. Because you're confident about the bright future that's on bitcoin?
1980  Economy / Economics / Re: Which one is good, trading or investing? on: July 14, 2017, 12:20:25 AM
I recommend investing,
However, investing kinda risky because too much scammy sites out there and if you not aware and blindly invest highly chance you might lose your money. Invest on ICO and trading is really good yet make sure you know what are you doing.

Every investment always have a risk on it and trading also have a risk though, so just choose the one that you really good on it. I never try trading, so i prefer choose investing. Actually both are good, depend on which one you are good.
Yeah of course it all depends on the passion or skills you have. Trading or investment choose according to your skills or passion in it. So the risk can be reduced even the possibility of profit will be higher. I'm not so smart on trading so I prefer investment
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