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1961  Economy / Economics / Re: If you were in desperate need for money.... on: April 28, 2017, 10:54:38 AM
Bitcoin is not the asset you can earn with a click of your fingers. This is a systematic work in bounty campaign participation, trading, etc.
Yeah it takes time and work to get a lot of bitcoin. If you desperate money quickly you can not use the method of getting bitcoin for free for the way out. Because it will take time
1962  Economy / Economics / Re: Can Bitcoin also lead to corruption ? on: April 28, 2017, 10:51:21 AM
Yes,actually all altcoins bitcoins and any other form of money can be a root of corruption as long as the people who will use the money will benefit for his own.
Yeah all cryptocurrencies that have decentralized and anonymous properties can be created and used to hide the outcome of corruption
But commonly used is bitcoin because it is more secure
1963  Bitcoin / Bitcoin Discussion / Re: What would happen to your BTC and alts if you died ? on: April 28, 2017, 10:48:10 AM
Interesting question. Of course everyone will start thinking about this Lol. Because they will not know when they will die. Certainly a person who has a lot of wealth in bitcoin. Do not want their wealth to disappear when they die. They must prepare this
1964  Bitcoin / Bitcoin Discussion / Re: Is bitcoin transaction fees fair? on: April 27, 2017, 05:47:31 AM
For me this is no big problem, since the primary use for me is storage of value, but high fees will certainly affect people who need to make transactions on a daily basis.
Doesn't matter that much if the transaction done less than 20 in daily basis, he's only spending few dollars worth for sending money everywhere, compare it when you're using western union
No, it does matter, what if you want to buy coffee with bitcoins, you will have t pay way more transaction fees as compared to the the price of one cup of coffee.
So yup, it's a bit unfair, that the fees is increasing day by day and we are unable to do anything to get rid of this problem, it only depends on the decision of miners.
Really what you say dude that the current transaction fee in bitcoin is getting bigger day by day. If you use a 10k satoshi fee i'm sure the miners will confirm your transaction in a very long time lol. of course you don't want to buy a coffee with bitcoin then use 0k satoshi fee and you'll get that coffee the next day because of the length of the confirmation process right? Lol
1965  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you see alts have chances against Bitcoins? on: April 27, 2017, 05:39:17 AM
This is hard to predict altcoins against bitcoins because nowadays bitcoin has been leading among the cryptocurrency. And it is being used by many people againts altcoins, so Im stil hoping altcoins would stand top against bitcoin. Even bitcoins is most promising and currently price is soaring high.
You can still predict the path of altcoin in the market if you do a lot of research, we all know that bitcoin is on the top of the list in the market but does not mean that bitcoin will be there forever, there still a lot of altcoins in the market that have a lot of potential against bitcoin and just waiting to be discovered by us. Don't think negative, just take risk and be always positive.
I don’t think altcoins are waiting to be discovered by us, since I guess most of the user of the forum with capital are invested in some other coins other than bitcoin the altcoins needs to be discovered by other people outside of the community if they hope to take over bitcoin.
If outsiders know about cryptocurrency they will choose using bitcoin as it is safer than altcoin. I think the possibility of altcoin for take over bitcoin is very small dude. Because people's mindset has been made that altcoin is only for options for trading or investing in bitcoin
1966  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: April 27, 2017, 05:34:19 AM
i think bitcoin will be more popular when bitcoin have fluctuating prices. you can see the volume in each exchange can rise so high. I would expect that it would be more accepted by people as a stable store of value. However, It may not be used as a long term investment because there would be little potential for gain.
That's the point of this topic, thinking if the price is stable would it be as popular as it is now. It's popular with the tech-savvy people like some people here and me also. I'm amazed what the Bitcoin has been through and what it could do in the future.
I agree with you and it is true what you say that the volume on exchange in bitcoin market will be low if the bitcoin price movement is stable. And when the movement of bitcoin is very fast up and down And by that time the volume in the exchange rose very quickly even several fold. It proves that fluctuations are more favor in bitcoin
1967  Economy / Economics / Re: The future of the paper money on: April 27, 2017, 05:22:40 AM
The future of paper money is still bright and shining just like in bitcoin but i think most of the people here think that bitcoin will replace the paper money which is i don't think will happen because there is a lot of problems for bitcoin to be a replacement for paper money like the approval of the government and being anonymous which the government didn't like about bitcoin.

Yes sure, Bitcoin can never replace paper money! But I have doubt if paper money has glorifying future because trend says its use getting decrease day by day whereas bitcoin is being increasingly used. So by percentage change we can say bitcoin doing better than paper money.
Bitcoin performs better than paper money does not mean bitcoin can easily replace paper money. I would say true that paper money its use has started to decline every year. Because people prefer shopping by credit card or debit card. They use it because it feels more simple and flexible than paper money

Paper money is one of the most preferred money in the world because cryptocurrencies are just getting started to be popular in different countries and it will take a lot of time for them to dominate or at least get accepted in most of the countries in the world. Cryptocurrencies is the next generation of money but this time is not the right time for them but soon it will be a boomin' market.
For now paper money is still needed for buying and selling activities or transactions Because the current technology is not too advanced. That's why paper money still exist But as the changing times use od paper money will be reduced. To be replaced by cryptocurrency or not. It will be difficult to guess
1968  Economy / Economics / Re: The future of the paper money on: April 26, 2017, 10:40:31 PM
The future of paper money is still bright and shining just like in bitcoin but i think most of the people here think that bitcoin will replace the paper money which is i don't think will happen because there is a lot of problems for bitcoin to be a replacement for paper money like the approval of the government and being anonymous which the government didn't like about bitcoin.

Yes sure, Bitcoin can never replace paper money! But I have doubt if paper money has glorifying future because trend says its use getting decrease day by day whereas bitcoin is being increasingly used. So by percentage change we can say bitcoin doing better than paper money.
Bitcoin performs better than paper money does not mean bitcoin can easily replace paper money. I would say true that paper money its use has started to decline every year. Because people prefer shopping by credit card or debit card. They use it because it feels more simple and flexible than paper money
1969  Bitcoin / Bitcoin Discussion / Re: Daily use of bitcoin? on: April 26, 2017, 10:28:47 PM
I sometimes use my bitcoin for doing online shopping. There are some e commerce companies that accept bitcoin. Sometimes i use it for doing mobile recharge. But I try not to spend my bitcoin. I prefer it as an investment.
I use bitcoin to buy game. It is very convenient and I am happy that Steam has already accepted Bitcoin for many years. I hope that other gaming platform will start accepting this awesome coin
Calm down, I'm sure there will be many platforms not just from games but from different sectors ranging from stores, companies, games, etc. Will begin to adopt and accept bitcoin. We will see bitcoin used every day to transact by many poeple. Surely that would be great fun right ?

1970  Bitcoin / Bitcoin Discussion / Re: In what situation would Bitcoin die? on: April 26, 2017, 10:26:22 PM
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?

if all of the countries will banned it, and if hackers put down all the bitcoin sites and online wallet that many of us is using , that would probably the problem i think. I think bitcoin will not lose very easily.

Banning seems something impossible when you talk about the free world. Off course some more conservative countries may want to do that.

But remember too that bitcoin is online, banning something which is online is hard. Other ways that bitcoin dies, like a new altcoin are just anticipation and speculation.
Bitcoin is not difficult to destroy because it is online, bitcoin is difficult to destroy because it is not centralized, think of bitcoin as a guerrilla warfare, if you have a big army concentrated in a place that army can be wiped out with just a few bombs but if that army is all over the country then you need a lot more bombs to try to damage it.
to me i think bitcoin is becoming more and more secure and hope that in future bitcoin will popularity will increase more and more because the user of bitcoin are increasing from time t time and very soon all the people of the world will start using bitcoin.
The thing that makes insecure bitcoins a fluctuation in bitcoin prices. Because it can give lost to someone because the price is so fast changing. If in the future bitcoin becomes safe it means bitcoin will lose its fluctuation? And you know that makes the popular bitcoin is from fluctuations. If fluctuation is lost the popularity of bitcoin will disappear anyway?
1971  Economy / Economics / Re: Best way for steady income on: April 26, 2017, 10:25:21 PM
Why dont you want to invest in projrcts which give you decent profit after some time. roi is really good if you know what you are doing.Best of luck!
It's good to invest in project but the big problem is finding a good project that will generate income for you, we know in the online world there are plenty of scammers, so you have to make a deep study before putting your money in a certain project.

Also, make sure you are investing an amount that you can afford to lose because it will not guarantee a positive return, losing is part of the game.


Agreed, the online market is full of scammers but the thing is you have to take risk if you want to get  a good profit as a result. And a good or successful investor is one who study deeply about the project before investing and knows all the problems and the solutions related to project where he want to invest his money.
Of course a smart investor will always do research first on the investment place that he will use to invest. Such as legit or not, payment history, potential, etc. They will do a checking on it. So they are more confident to invest in it
1972  Economy / Currency exchange / Re: Which is best place to sell bitcoin on: April 25, 2017, 12:13:33 AM
Hello Frens I am looking to sell bitcoin . I am based in qatar . Can you suggest best place where i can sell it at good rates and get money in my bank account or via western union.
in my country indonesian , best place buy or sell bitcoin is in market local Smiley
maybe you can try in local market on qatar because i think in market local is very safety Smiley
Of course the best to sell or buy bitcoin is to use local exchange Because it will be easier and simpler you do not have to swap your local currency into dollars first. Because you can directly sell and buy bitcoin directly using local currency. Moreover you can directly withdraw to a local bank Because usually local exchange acceptd or support withdraw with local bank with low fee
1973  Economy / Economics / Re: How much money do you have left from your job? on: April 25, 2017, 12:08:19 AM
Yes i need a lot of money to buy the things i want but if i have that permanent job, well even there is one person give me the chance to have much money, i will never left my permanent job. Why? because not all people given the chance to have stable job and we all know that todays generation is very hard to find a job that is permanent. Being have a lot of money is very easy to achieve if you only have the hard work and goals in life.
Permanent job is something that should be valued, and should not be left aside unless the individual finds a much better job opportunity, or in case the individual has a good business plan, but for this it also takes capital, and good financial planning for the business. If it's in the Bitcoin business, this can be even better.
i am not in favour of job in job you can earn a limited amount of money, as in jobs people have fixed salary, but i am in favour of trading, in trading you can earn unlimited money.
That is certainly true with the way the trade can we get an unlimited income, but in trade we must dare to bear the risk of loss, unlike who has a regular job they have earnings that are already in the set each month.
True, you have to take risks when you choose trading as a method of getting bitcoin. With great capital, good skills, and dare to take risks. It will get you unlimited profit from trading Because many of my friends who earn a very large income until they use trading as a mainjob
1974  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: April 25, 2017, 12:05:04 AM
most people that keep there bit coin for long do it for trading speculations, they take time to observe the pump and dump while saved.
Not all of those that keep bitcoin do it in the hopes it goes up, some do it simply because they believe in the technology of bitcoin, I’m sure there are holders that got their coins on the first days of bitcoin and that are not planning to sell no matter what.
seeing from the fact majority of people holding bitcoin only to get profit in future, maybe there's exist some people who really believe bitcoin but i honestly don't really trust that, everyone purpose is to gain money and that's what motivate them to join the crypto world
I think basically people have to believe in bitcoin to invest and get a profit in bitcoin. Because when they do not believe in bitcoin All they do in bitcoin is panic and fear. So I'm sure investors are choosing to save their bitcoin for the future Has full confidence in bitcoin mate
1975  Economy / Economics / Re: The dream of getting rich with bitcoins on: April 25, 2017, 12:02:46 AM
I am not dreaming to get rich with bitcoin but I am trying to collect as many coins as possible at a moment and will save it for future and if luck favors me and if price goes in millions in future then the bitcoins that I would be holding can surely make me rich in future.

I don't think that the price of bitcoins will get into millions in future but its good to collect as many coins as possible so even if the price doesn't reach to the moon still you can make good money if you have higher amount of bitcoins.
Yeah I thought it would be impossible that bitcoin prices would cost millions of dollars per bitcoin. But if you want to continue to discipline to collect the bitcoin you get for a long time. I'm sure it will accumulate a lot and if you sell it you can get rich. All you have to plant in your mind is trust, confidence, patience and hard work
1976  Economy / Economics / Re: If you were in desperate need for money.... on: April 24, 2017, 11:39:04 PM
In desperate need for money is to look for borrow a money and find a loaning lending. Based on my view some of people look for lending. Another one is selling things. That is the easy and fastest way to make money but in a good way.

Yes, it's true, if we need money and there is no other way, selling things is the right choice. but if not have goods, borrowing to others could be an alternative if you really are in need for something very sudden. with a note, you'll get money back to pay it. but when I need money, I usually sell goods.
I think everyone has a valuable item. When they desperate money they can sell their valuables item. But if you think selling valuables item will be very unfortunate. Then use the second way of borrowing money to someone people But you also have to pay the interest. You should consider it well before choosing
1977  Economy / Economics / Re: panic selling on: April 16, 2017, 12:56:07 PM
This panic selling by some are the chance of others to buy BTC. People would do panic selling because they think no chance of pump right away. Thus, others chance too buy in this time.
of course the smart seize the moment and the opportunity will see a price drop this as a great opportunity to dump and buy more. to get profit ?


1978  Economy / Economics / Re: Is it better to save money or invest it? on: April 16, 2017, 12:53:24 PM
Is it better to save money in bank or invest it online, in real estate or maybe gold?
Depends on the smount of money you will be risking.If you dont have courage to lose money on investment online or ponzi schemes as we know they will all turn to scam.If you want to ensure your money then go for saving in bank or in gold its alot safer than investing online.
yeah it depends on you, if you dare to take a risk you can try investing. but if you're not too bold or afraid to risk. do not do investment? Simple?
1979  Bitcoin / Bitcoin Discussion / Re: In what situation would Bitcoin die? on: April 15, 2017, 02:27:57 PM
One thing is sure that might killed bitcoin totally and wipe it out.Its the world government,if world government consider bitcoins threat in many aspects of the world and the government government will totally ban bitcoin in each and everycountry in the world causing bitcoins to die,
it will not make bitcoin dead, the tires will be bad for bitcoin as the loss of interest of potential users, loss of confidence, but bitcoin can still be used and it will make bitcoin alive
1980  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you see alts have chances against Bitcoins? on: April 15, 2017, 02:27:32 PM
no chance. because bitcoin is like run gold.
do u see silver can surpass bitcoin, no.

But if big transfer, doge will be less risk.
altcoin only play as a sub.


I think we do not know what will happen in the future? bitcoin technology may be obsolete and there are other coins are much more sophisticated. isn't that opportunity for another coin to take over bitcoin?
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