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21  Economy / Speculation / Re: BTC is recovering or what if not on: February 11, 2018, 06:32:41 AM
It is so worried because until now the bitcoin is still dropping. I wish after Chinese New Year the price is back to the top. We are need to be patient and trust for it. I believe sooner or later it will increase again.
22  Economy / Economics / Re: Can Bitcoin also lead to corruption ? on: February 11, 2018, 05:30:20 AM
Technology, without a doubt, is the leading distractor for all corrupt activities. Corruption is everywhere, even in the government or sometimes in a organization. Bitcoin is like money, so it will lead to corruption. I wish it will become harder to corrupt people.
23  Economy / Economics / Re: What will happen to the banks if people uses cryptocurrencies more than fiat? on: February 10, 2018, 09:32:57 AM
The cryptocurrency is growing so fast. A cryptocurrency is a form of payment which is similar to the currencies commonly used such as United States Dollar or the British Pound. It is decentralized. No central government to print more of them out to cause inflation. In fact, cryptocurrencies have been formulated to gradually decrease in production as time goes by.
24  Economy / Economics / Re: Is Bitcoin Money or Currency on: February 10, 2018, 07:42:32 AM
For me, Bitcoin is money. We used Bitcoin for buying and for paying. Just a little better and cheaper than the alternatives. For most of us, money is the U.S. dollar, the Fiat currency of the United States issued by the Federal Reserve and maintained by the commercial banking system.
25  Alternate cryptocurrencies / Altcoin Discussion / Re: I have 12 Bitcoin. What should I do??? on: February 10, 2018, 01:26:20 AM
You should be continue what you've did from first. This 4 options is the best as far as I know. You will answer too what your question, I think you are good in trading too. Or buy BTC again and wait the time it will rise. More invest, more time. And keep it safe in scammers.
26  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: February 08, 2018, 07:38:30 AM
My answer is no. This is impossible to obtain sovereign protection of the heterogeneous, which itself has a fatal flaw, such as payment efficiency problems and even become a Ponzi scheme, the competition between the miners and monopolies also threaten the market order of Bitcoin.
27  Economy / Economics / Re: Many new rich people are created from Bitcoin on: February 08, 2018, 06:46:26 AM
Many who got rich because they have their own strategy. Example of that is a teenager boy. He start invest his own allowance in investing fund. He began buying cryptocurrencies like Bitcoin and ethereum. He invest too his own salary from summer working and other jobs. And now in just a few years he is now a multimillionaire. This is one good example for being a rich person.
28  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is not supported in some countries? on: February 07, 2018, 02:40:43 PM
I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me
Maybe they think that Bitcoin is scam or has an illegal activities. Or maybe they are trying to evade the terrorist who use Bitcoin as a financial support. Or other countries takes time to research carefully before they legal it.
29  Economy / Economics / Re: Time is money, how you manage your money and time ? on: February 07, 2018, 02:09:54 PM
almost do same thing everyday, same food to eat, and that is how i manage my time and money. always do same thing make me saving money and not wasting my time, sometime i got bored but that is what i do everyday
I agree to you. We need that two if we want to earn big. I don't waste time for not interesting thing. I use my time to make money and I enjoy by doing that, just for me and for my family's future. I think many of us has the same answer.
30  Economy / Economics / Re: Is Satoshi is dead,If not where is he now on: February 07, 2018, 12:40:13 PM
For me he is not dead. Satoshi Nakamoto is the most search person when it comes to cryptocurrency. He is the hidden person until now. And he cannot reveal himself for his security. I think he has a plan how to get Bitcoin back to the most valuable amount. We need to trust him
31  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin digital gold or digital cash? on: February 07, 2018, 12:02:38 PM
For me it is a Payment service or digital cash and also called the world's first decentralized digital currency. It is according to the European Union. The cash is according to the Transportation Security Administration and the Financial Crimes Enforcement Network.
32  Economy / Speculation / Re: What caused Bitcoin goes down very hard recently? on: February 07, 2018, 04:28:15 AM
I think the reason why Bitcoin goes down, because the Facebook is banning the ads about cryptocurrency and the other reason is many countries banning the cryptocurrency. They ready to do more regulation and many people are being panic.
33  Bitcoin / Bitcoin Discussion / Re: Is this the end of the Digital coins? on: February 06, 2018, 12:00:54 PM
Probably not. Digital coins will not end, they are trying to recover. what's happening is normal and it's bounce back. bitcoin are dropping but this is not the end. It will last until we have a technology and it will not die off.
34  Economy / Speculation / Re: 1btc = 6k usd on: February 06, 2018, 10:32:18 AM
If it is continue to drop, many of us will buy bitcoin and it is people's dream. And this is not shocking because the flow or crypto is up and down. But I think the other reason why Bitcoin is dropping maybe because many countries are banning cryptocurrencies.
35  Bitcoin / Bitcoin Discussion / Re: is bitcoin over? on: February 06, 2018, 05:55:53 AM
I think it's not over, don't panic because what's happening is normal. Everyone knows that Bitcoin is start in small amount, but it's become bigger now. Wait Bitcoin will rise again, Yes have a little bit scared but this not a sign bitcoin ends.
36  Bitcoin / Bitcoin Discussion / Re: I'm gonna sell my house on: February 06, 2018, 05:27:37 AM
This idea is not good and very risky. Not everybody has a own house, you want to sell it to buy Bitcoin? It is very bad decision, what if earn some strategy so that you can buy bitcoin, not selling your house. Friend think this very carefully.
37  Bitcoin / Bitcoin Discussion / Re: India Want to Kill all Cryptocurrencies - No need to panic though on: February 06, 2018, 04:57:47 AM
Yes, because India consider cryptocurrencies as a illegal. The government does not consider cryptocurrencies legal tender or coin and will take all measures to eliminate use of these cryptoassets in financing illegitimate activities or as part of the payment system.
38  Bitcoin / Bitcoin Discussion / Re: What to do if Bitcoin Price Crashes on: February 05, 2018, 02:12:18 PM
The crash itself would be nothing new because bitcoin’s relatively old. I remember the crash in 2014 when the Mt Got exchange got hacked. It then fell from $1,400 to a couple of hundred.There will be bumps along the way but a total collapse of the cryptocurrency is not on the table.
39  Economy / Economics / Re: Do you think that bitcoin can reduce corruption? on: February 05, 2018, 01:05:24 PM
Bitcoin can not just reduce but in fact eliminate corruption. It shared ledger which is shared either publicly or privately between multiple entities. All transaction are recorded, and once added these records cannot be deleted or updated.
40  Bitcoin / Bitcoin Discussion / Re: Bitcoin for Taxi on: February 04, 2018, 01:01:00 PM
Yes I agree and this is good news to us, because it helps to increase the impact of bitcoin and become famous. Also, it gives more flexibility in customers and helps us to save money on fees. And this is a very good idea.
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