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21  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is better than banknotes on: August 23, 2018, 02:03:06 PM
The infographic shows the 10 most popular banknotes worldwide with its anti-counterfeiting security.
There are thousands of million dollars counterfeit circulating worldwide. Just in The US the FED said 7.3 We conclude that the total value of counterfeits in circulation at any moment is approximately $70 million or about one note in 10,000, and is highly unlikely to exceed
$200 million, or about 2.5 in 10,000.


it's costly for the society (more regulations, more resources to deter, individual or business accepting it accidentally >direct loss,...) Counterfeit money exists since the Ancient Rome at least, and it can destroy a government and its economy. Even the Nazis were counterfeiting the USD and GBP (Operation Bernhard) If only 1% of your circulating currency is fake your government is out. It can't borrow money anymore, business will stop to accept the currency, and since it's the only one, then the economy will be dead.

Do you know how many Bitcoin has ever been counterfeited since10 years? ZERO !

U
As for me if you dont have a bitcoin subject  but most off all  kt can teach learnibg to make it good ang better.
22  Economy / Speculation / Re: Has Bitcoin reached its goal? on: August 23, 2018, 01:52:03 PM
I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies.  When the altcoin market is examined, it is inextricably linked to the price of Bitcoin.  Where Bitcoin goes, so does the rest of the cryptocurrencies.  There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.

What do you think?  I'd love to hear from some crytpo veterans.




As for me bitcoin is not yet over .its just a little portion of it. It is not finish it will recover again and change more lifes in terms to sustain ang give more satisfiable thing. Its just only the beginning but i also see that it was a lick at all.
23  Bitcoin / Bitcoin Discussion / Re: We need to change on: August 23, 2018, 01:40:20 PM
I have only gained good things from cryptocurrencies (they have changed my life for the better), however, I am frustrated at those who are in for money, and only money. They hurt themselves as well as cryptocurrencies future. I am sad that I still can't use bitcoin to purchase the things I want, as it isn't used as a payment currency/method. I am sad that there are big financial institutions that want (and do their best) to wipe the crypto world out, and instead of working together as a crypto-community to thrive, we are fighting, arguing, and scamming each other. Where I live, the government relentlessly tightens and destroys our financial lives—I was lucky to have found salvation in cryptocurrencies when others struggled.

We need to show the world that we are not just a bunch of wanna-be millionaires, that we actually care.

Yes we can claim that we are millionairs and actually care about anything else.but i think that most of the time. Bitcoit was know by its goodness in the past years  cypto can cause a too much good if you know how to  deals to deals wiyh ideas.
24  Economy / Marketplace / Re: Which goods on: August 22, 2018, 12:58:44 PM
Hello!


Which goods do u want to buy here in the forum?
I choose to buy bitcoin even its turning down but i believed that most of all the time was not estemated so that it has the possibility to bring its level  bases on the people and contribute and make a deal through it so that it may increases otherwise it will recovers again so that you can earn a huge profit at all.
25  Economy / Marketplace / Re: I SOLD ALL MY BITCOINS on: August 22, 2018, 12:52:49 PM
I have been following bitcoins for the past 4 years. i am an Enginner. i remember how bitcoin was introduced to Me. To be honest, i was thruogh ponzi. i used to deposit over 0.1,0.4 to earn 0.7 to 0.9 bitcoins and i made a lot of Money. then, suddenly i decided to go for the killer jackpot and stack all my btc for once. i can remember clearly when a friend was advising me NEVER TO PUT ALL My eggs in one basket. i refused to listen and insist that it is only by strong will can one survived.
 Unfortunately I LOST EVERYTHING.  IT was my life saving. Both my earning and my interest.
To cut the story short. i borrow money form the friend that was advising me not to stake everything. i need to pay back. But i will never depart from my lesson learnt from the bitcoin  stuff. i bought another bitcoins last year august and keep it away from anything. i strongly believed that i will still get my money and my friends money.
Thanks to the current Market, I HAVE TO SELL EVERTHING TO PAY MY DEPTHS.

NOW I AM FREEEE.

Since we see that bi
26  Economy / Marketplace / Re: Accepting bitcoin for service on: August 22, 2018, 12:51:04 PM
Hello

I'm totally new to bitcoin.
What needs to be done if i want to accept micro bitcoin for services that i offer? What type of set up i need to do?

Thanks
Steve

I can also give my thoughts but aside from that thier was the good things you can do in able to deal more in bitcoins discussion so that  you must had a strong knowlesge about that you can also be the investors or look for any investors. Investimg not only to the bitcoins but also to the blockchains just to gain profit that is ussually have in the other transactions .
27  Economy / Marketplace / Re: about the price of cryptocurrency on: August 22, 2018, 12:34:00 PM
I am newbie just know bitcoin and cryptocurrency 5 months ago whether other cryptocurrency besides bitcoin can compete with current bitcoin value or value and what only bitcoin can be the leader of this cryptocurrency and what is the alignment of a cryptocurrency currency that the price becomes very high
For me if i was being say my thought about that i can say that bitcoin can be able to  determined the value of bitcoin in order to know that.bitcoin prices nowadays iswcoverjes. on lower but stil not  too high since it   because ot is on process of  recovery now. When it recovers you can be avke to be more  better than before.
28  Economy / Marketplace / Re: can bitcoin in the future surpass gold? on: August 16, 2018, 02:46:44 PM
I believe that bitcoin is underestimated, I do not claim that it should only grow! But I'm sure that the future is for him! crypto currency in general, and bitcoin in particular - this is digital gold, many people still do not understand this. I'm sure that in ten years it will be so.
Yes i can also say that bitcoin was understemated but i can also say that bitcoin was become more higher and valuable in ne near future because i believed that it will be the next era  payment sysytem and currency whole over thw world. I do belived in that that bitcoin will reciver and be higher in the years comes.
29  Economy / Marketplace / Re: Cryptocurrency is Great, But How Many Persons Know That? on: August 16, 2018, 02:21:55 PM
Weis aims to provide social media and digital marketing services to provide more awareness of cryptocurrencies and how we will reform a user friendly platform to filter the huge amount of information available to those entering the crypto market and to those already operating within it.

Ethereum smart contract technology will be used to provide a streaming media platform designed to put new and emerging talent shoulder to shoulder with established artists and household names, and in turn bringing more users and awareness to crypto.

However, there are so many more cool reasons why the project will thrive, especially the token.

You can check their whitepaper very carefully under the token section to understand what I am talking about.

To read up more about their project, please check their website here - https://weishub.com/
You can also quickly scan through their ANN thread here - https://bitcointalk.org/index.php?topic=3495546.msg36235747#msg36235747
Or join them on telegram to follow up on project updates - https://t.me/weishub
They are lots of people knows about the crypto currencies but most of the people did  not know as well that crypto currencies ha many advantages.it also has many process of its of aspects in creating a better future with crypto but tier are also people does not know crypto currency yet. Maybe they can be able to heared abou that but they could not know about it.
30  Alternate cryptocurrencies / Altcoin Discussion / Re: Lets be careful on what we are investing on: August 16, 2018, 02:09:44 PM
Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too.

http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/
Yes being a smart and vigilance is important when you are dealing mostly in term of investing.. you need to be more agressive to the  thing that your doing in investing mostly see the more better blockchains because many of that can scammed you...but if you are a wise thinker you must be vigilance at all times. Carefulness can lead into success just be patient and make more thing interresable and effort pay back.
31  Economy / Gambling discussion / Re: Gambling- Believe in Strategy or Luck on: August 14, 2018, 02:23:11 PM
Gambling is relay with both these things. Strategy and Luck.

Here I want to know which one is best in your belief. Please share your thoughts guys.

I believe in betting we can work around with tactics and it will be best option to make money out with gambling.

For dice roll, slot roll and poker games we definetely need the luck as a main factor.
As for me it is not all about luck just to win thegame but strategy to run the game effectively and  win it. Strategy is the most important because it leads into good outcome when it comes to gambling. Strategic thingking and your own strategy was be able to lead into succes not like luck .maybe on the other side they are win but on the other day they will lose. So that an strategy was being impart through all lofe and it will never fail or forgotten. It leada wealth and prosper.
32  Economy / Gambling discussion / Re: Gambling Addiction Stories! on: August 14, 2018, 02:10:14 PM
Just curious to read some addict or former addict stories and probably some of us like me will be glad to see how things actually did roll in for them during this period and I believe some other persons tending towards that path can also learn from it. Also, if you have a friend or relative you can speak for, it would be appreciated.

Personally, this is what I would like to know though.

1. How did you find yourself ending up to become an addict? What instigated it to the point that you just found yourself not being able to control the impulse any longer? What was the feeling like and during those period of being an addict, did you know and were you willing to pop out of it?

2. What were the steps you took or the steps you are taking to get out from it, and on the scale of 1 to 10, how can you rate how you are doing now?

3. For those who are out of it, do you still gamble or still wish you could? In the case where you are still gambling, how do you want to make sure what happened initially does not end up repeating itself.

4. Any other thing you feel you can add is welcome.
When it comes to gambling addiction i can say that many of us are addicted on it. But all i notice is they feel so irratated when they see a large bunge of money they want to have it and win ot in a game also they want all tge money tobe won by them..although it can leads into greediness but they could not thingking about it .
33  Economy / Gambling discussion / Re: Gambling Excuses on: August 14, 2018, 01:59:30 PM
Did you ever gamble with other's money to pay your own debts or otherwise to solve a certain problem through gambling?
Yes i do have an experience like that. I pay may debt through the help of gambling when i got won and get a huge profit that is fit to sustain and give also to provide for billings to be pay. In that case i will used gambling through the paying or any form of needs in our daily life and mostly in financial assistances.
34  Bitcoin / Bitcoin Discussion / Re: INTERNET = BITCOIN? on: August 13, 2018, 08:00:08 AM
why i made a title like that because basically the internet has the same properties with bitcoin ie:
1. Equally made by humans if bitcoin was made in 2009 by Satoshi Nakamoto, while the Internet was created from a computer network established by the US Department of Defense in 1969.
2. The first equation between Bitcoin and the Internet is that Bitcoin is an efficient, decentralized and moving infrastructure based on protocols open to the public.

and for the difference include:
Bitcoin does not transfer data packets in a dynamic network and circuitry like the one on the internet, but builds trust among users to run its systems efficiently and decentralized.
Although you can argue that the ledger, Bitcoin is "central", it is actually created through decentralized mechanical consensus.
how do you think it all?
I have think at all since bitcoin was comparedcinto internet. I must say that it was connected on it because bitcoin is a digital currencu or n electronic money that can be seen through the help of internet connetion. In this case they are both connected to each other even it is divided in to currency and internet as well. It was the same because you cannot be able to used Bitcoin without any connections in the internet and also without bitcoin internet connections has not have a more value than having bitcoin arround it.
35  Bitcoin / Bitcoin Discussion / Re: Don't worry, Bitcoin will be fine. on: August 13, 2018, 07:52:24 AM
why does everyone start to panicking when they see the price of Bitcoin dropping so much, in my opinion it is natural that the price of Bitcoin falls because Bitcoin has experienced the same thing as now, so I suggest not to be afraid and panic.

we will see from this graphic :
1. On April 29, 2013 the price of Bitcoin was only $ 135.30


2. and on November 30, 2013 the price of Bitcoin increase high at the price of $ 1,149.14


3. then on January 2, 2014 the price of Bitcoin decreased at a price of $ 773.40 and on December 31, 2016 the price of Bitcoin began to increase again


4. and the price of Bitcoin began to rise high at the price of $ 19,783.30 on the 17th of December 2017


and as we know, now the price of Bitcoin at $ 6,948.46 and this is indeed down very far compared to prices on December 17, 2017, but it has already happened in 2014 where the price of Bitcoin dropped very far and it continues until 2016 and in 2017 finally Bitcoin prices start to increase again (it takes around 3 years to make Bitcoin prices rise). so from that, I'm sure the price of Bitcoin will increase again even though the time needed is not short.

When i can also share my oppinions abour that i can say that bitcoin now is such a unpredictable thing because sometimes it turns so high but now it turns so down...even nowadays its price was on the low level but i believed that bitcoin will increases again and recover because its was the next generation currency.
36  Bitcoin / Bitcoin Discussion / Re: What you should learnt during this bear seasons. on: August 13, 2018, 07:48:35 AM
Crypto will bounce back no doubts. There is always period of boom and periods of depression for healthy balance.

Even in normal economics...There have been periods of boom and recessions. But things will return back soon. The question is what can you make out of the situation? What should you do and not do?

What you should be doing now is investing or buying and having a mountain of patience for the boom period.

What you shouldn't be doing now is selling. Sometimes things like this happens for good reason. At least if not for anything, it affords us the wisdom to appreciate crypto and be prepared to take our profits and run away...

I can't imagine seeing 50% in crypto and not selling anymore especially with very heavy capital invested.
As of me i will go on buying or trading to earn mire tokens so that when it is recovered it will increases also as well but aside from that you can also create more opportunities and gain more profit as well as you had too many or a lot token that you can also get in trading so that when you sell it..the more you have the more you received.
37  Bitcoin / Bitcoin Discussion / Re: Everyone is free to use Bitcoin as they want on: August 13, 2018, 07:43:06 AM
There's an ongoing debate in and outside of Bitcoin community regarding the economic nature of Bitcoin: is it a currency or an asset, a store of value, settlement layer and so on. The situation with ETF's also sparked some debates, as some argue that ETF's are bad and Bitcoin should stick to its cypherpunk roots and ignore the mainstream.

I think all sides kinda miss the point of Bitcoin. Bitcoin was created so people can send coins directly to others, without any mandatory middleman. Therefore, every use case is as legit as any other use case, it doesn't violate the freedom of any other user of the network. It doesn't even matter if Satoshi wanted Bitcoin to be a decentralized currency that will kill banks, because one of the principles of Bitcoin is censorship resistance, so if some people want to use centralized services, want regulated environments, speculation and so on, it's their right. All those things have no effect on people who want to use Bitcoin as an alternative currency.

So, I think there is no single answer to whether Bitcoin is an asset or a currency, everyone decides for themselves, because freedom is the ultimate point of Bitcoin.
As for me as what i been thinking about bitcoin yes i must say that it is a currency because i can used bitcoin for buying anything for our daily life also i want it as a electronic money it can also be asset because you can used bitcoin to start up a business but it is more effective in its currency form bacause it can used in many aspects like buying,paying abd anything else.
38  Economy / Speculation / Re: What is the Worst Case Scenario for Bitcoin? on: August 09, 2018, 03:16:08 PM
This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

Since we all know that bitcoin falls to its price nowadays in $6000 dollars each but aside from that we will look at the other side it also increases past years it reachest a million dollar so that we cannot say that its price was falling and falling maybe it has the possibility to increases again but when its turn into $1000 it was the worst price at all it causes brokedown of all but i believed that it wont happen.
39  Economy / Economics / Re: Why spend time in bitcoins? on: August 08, 2018, 10:59:51 AM
We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.

Bitcoin is not waisting your time but it makes toy more interresabpe to make your life be better than before even though bitcoin now is on low priceit make you also better. When its price was recover you can also make more big impact of changes in all of it .spending your time and effort to bitcoin is not worthless it will be pay back by big opportunity of furture and prosper life as well. It will recover soon just wait for the perfect time.
40  Economy / Economics / Re: Why lot of countries do not allow to use Crpto? on: August 08, 2018, 10:49:07 AM
Lot of countries do not allow to use crypto currencies and they discourage using them. However as far as I feel, trading with crypto is not that harmful for the economy of the country. As an example, if a person has Eth and someone from another country needs to buy Eth, that buyer needs to pay the seller in terms of dollars. Then that seller needs to convert that Dollars to his native currency which means it creates a the demand for the native currency and increase the value of the currency. May be the government is unable to add a tax on such transactions but it is beneficial for the currency used in seller's country.
What do you think about that?
I think that why bitcoin is not allow in other countries       because thier currency was covered by bitcoin because even its value as low it is not  well compared by other currency to its price. So that many countries does not allowing bitcoin to be thier payment system ang be thier currency. It will affect all things around the society . It also affect mostly to the people.
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