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21  Economy / Economics / Re: Where do you spend your money from Bitcoin? on: December 19, 2017, 05:33:33 PM
Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"

The key is not spend your bitcoins, keep holding on to them, be passive and wait for the right moment and then sell off and take the profits intead of using it as a payment method
22  Economy / Economics / Re: What will happen if the government know bitcoin in your country? on: December 19, 2017, 05:28:02 PM
I think they will ban bitcoin because of the fearful that may affect of the economics of my country but i disagree there opinion because working bitcoin is very helpful for me especially the support financial.

Government will try to control the amount of bitcoins that can be stored per person,probably they might impose taxes on bitcoins
23  Economy / Economics / Re: BTC as a national currency? on: December 19, 2017, 05:12:17 PM
Bitcoin, for now, is not suitable to become a national currency of any country. Bitcoin's value is too volatile so a product or service will always change in price with respect to the price of Bitcoin. Also, a transaction fee is there with every transaction, this is not practical in using in a daily basis. It will be hard for the government to control the scenario. So if a country will make Bitcoin as its national currency then they have to regulate it first.
True that, it would not be feasible for the masses to pay a transaction fee for every exchange, as it would discourage transaction and further lead to economic instability
24  Economy / Economics / Re: Is Bitcoin the next big thing? on: December 19, 2017, 04:47:35 PM
Right now bitcoin is a big thing, lot of hype has been created around it, however it would be difficult to see bitcoin replacing fiat currency, since fiat currency has been in the economy since forever and people trust it more than bitcoins
25  Economy / Economics / Re: good effect and bad effects of robots in replacing human Jobs on: December 19, 2017, 04:37:29 PM
as i said on the title what are the good effects and bad effects of robots in replacing human jobs.
What is your opinion about this guys.

Good effect would be that the work efficiency would increase, however it would increase the number of people that would be left unemployed 
26  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: December 19, 2017, 04:29:36 PM
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts


They are waiting for a significant price hike,at a very high value they sell off and get a very good profit for it
27  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: December 19, 2017, 04:27:17 PM
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts


They are waiting for a significant price hike,at a very high value they sell off and get a very good profit for it
28  Economy / Economics / Re: Is it better to save money or invest it? on: December 18, 2017, 04:56:56 PM
Advisable to save major part of ypur earnings, and some part can be invested to get some returns, rember that more the risk more is the returns, so invest wisely
29  Economy / Economics / Re: Bitcoin is Falling...Is it Panic Time? on: December 18, 2017, 04:53:17 PM
Bitcoin prices are usually fluctuating, so there is no need to panic, it is essential to be patient and wait for the right moment, till that keep holding onto your bitcoins
30  Bitcoin / Bitcoin Discussion / Re: Is It advisable to quit my present job for bitcoin? on: December 18, 2017, 04:38:58 PM
Nope, not advisable to quit your main job,you need resources to put into buying bitcoins, and that resource will come from your current job
31  Bitcoin / Bitcoin Discussion / Re: Bitcoin in 2018 on: December 18, 2017, 04:35:50 PM
In 2018 too bitcoins will be on the rise,bitcoins has shown a very good growth in 2017 and I am pretty sure this trend is going to continue in 2018 also
32  Economy / Economics / Re: Bitcoin has defeated gold on: December 17, 2017, 05:25:56 PM
True that the value of bitcoin has overtaken gold, however if you see the total amount of gold circulating in the market versus the total amount of bitcoin in the market, this total value would be way ahead as compared to bitcoins
33  Bitcoin / Bitcoin Discussion / Re: Will bitcoin end? on: December 17, 2017, 05:17:13 PM
I don't think it will end soon, but you never know, what if the demand for bitcoin ceases to exist and what if governments across the world decide to take stringent measures and completely ban bitcoins!
34  Economy / Economics / Re: TIME FRAME TO REACH $25,000 on: December 17, 2017, 05:11:03 PM
Looking at the current speed of rise, reaching 25k won't take more than 2 months, so probably in Jan 2018 , the bitcoin might cross 25k
35  Bitcoin / Bitcoin Discussion / Re: Is holding bitcoin Greedy? on: December 17, 2017, 05:06:40 PM
Well I don't think it is greed, you are investing in something obviously for a return. the more passive and patient you are the more better the returns, so if you are holding onto bitcoins that is no greed that is infact a good move you are making to reap the best benefits from your investments
36  Bitcoin / Bitcoin Discussion / Re: Does it make any sense to buy Bitcoin now? on: December 17, 2017, 05:01:03 PM
Buying bitcoins today also makes sense, because the price is bound to increase even in the upcoming future, so it is never too late to invest in bitcoins,just look to invest in bitcoins as soon as possible as the future seems to be very promising
37  Economy / Economics / Re: Which Market Cycle Stage Are we ? on: December 16, 2017, 07:41:30 PM
Where are we in this cycle ? Not only for bitcoin, for altcoins too.
Thoughts from the experts / early adopters ?. Cheers !




Pretty sure the world is somewhere between and the believe and thrill stage when it comes to dealing with bitcoins, because people are investing quickly and are pretty optimistic about bitcoins
38  Bitcoin / Bitcoin Discussion / Re: Is it worth getting paid in Bitcoin for freelance work? on: December 16, 2017, 06:37:07 PM
Well it is worth getting paid in BTCs for freelancing,just try to understand the tax rules for cryptocurrency in your country and whether it is gonna favor you or not, if it doesn't, would suggest you to opt for some alternate method to accept the payment that would be conducive to you
39  Economy / Economics / Re: Can Bitcoin also lead to corruption ? on: December 16, 2017, 06:19:21 PM
Corruption is to Bitcoin like air is to a bird. It's the natural environment. Greed, lack of regulation, possible anonymity, irreversible transactions. It's a perfect formula.

As an actual ledger it can't be corrupted and that may well help reduce overall corruption elsewhere. Many things surrounding it carry a fairly nasty smell.

Haha,well said man, specially the lack of regulation part kinda haunts me when I think about bitcoins,because it kinda makes you become more and more skeptical about it
40  Bitcoin / Bitcoin Discussion / Is bitcoin just a big bubble that is ready to burst anytime soon? on: December 16, 2017, 06:15:08 PM
There has been a lot of speculation of bitcoin being a big bubble ready to burst,what are your thoughts about it
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