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2001  Economy / Economics / Re: Bitcoin or gold? on: April 07, 2017, 11:02:41 PM
looks price bitcoin for now, both of them very good for investment..
but i still prefer with gold, because gold have real fisik and prce always going up
I think it would be more difficult gold in store for the physical form? would be easily stolen too, if you save a lot of gold? different when you save a bitcoin, no matter how much it will be easily stored and flexible
2002  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: April 07, 2017, 11:01:39 PM
If anyone says banks disappear because of the bitcoin, then emphatically I say it was impossible, that could make the banks disappear is the government policy not another.
its true. as a bank under the control of the government during the government banned the bitcoin bank will continue to live and bitcoin would not be able to beat the banks especially government
2003  Bitcoin / Bitcoin Discussion / Re: What would happen if BTC was Banned? on: April 07, 2017, 11:01:02 PM
I think there will be a lot of people going bankrupt and unemployed because now a lot of people have spent a lot of money to invest in bitcoins, they see bitcoin as their official job. If the banned bitcoin would have a very serious economic impact on many people, however, I think the banned bitcoin is unlikely. Bitcoin is not under his control, banning it is not possible, it can only automatically disappear but i think this is impossible
Nope you can see today there are many countries that have banned bitcoin because they assume that bitcoin harm them. but this time it is still above the bitcoin price of $ 1000?
2004  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: April 06, 2017, 11:45:28 PM
Why would you want the bank to store your coins when you can yourself. That's the point of bitcoin you are the bank.
That correct, we do not need a bank that is similar to banks in real world that accepts fiat, bitcoin is created to give us freedom as we are entitled with that. Bitcoin is the answer and it's not controlled by the government so we can do whatever we want without being watch and being restricted.
For me, it's the freedom that we are looking and with this freedom that we experience if we share with other people we will grow as a big community.

Yes exactly ! Thank you for replying. These people who talk of bitcoin banks don't know what they talking about at all. The very idea is laughable. Bitcoin = liberation.

True, each one can be his own bank, choose the best offers to invest and if there is any doubt each one can ask to other experienced persons who can help with wise advices. Bank for me means centralization and bitcoin wants to stay away from centralization, and we, bitcoin enthusiasts the same.
using online wallet we can say that we have our own bank. to me it is very easy to use online wallet any time and anywhere. it has make the process very easy to withdrawal the money so easily as compare to banking system.                                                                                     
other than that we control all the money we have. we keep save bitcoin without having to perform identity verification system as banks do. I would prefer a wallet than banks
2005  Bitcoin / Bitcoin Discussion / Re: Daily use of bitcoin? on: April 06, 2017, 11:42:51 PM
It's not that popular online. Like as in online shops. Just try and see how many online shops that accept bitcoin you can find. I mean the list is growing by the day but still bitcoin payments are still in their infancy. But still, from what I can see things are looking up, slowly but surely.
I think the online store will not be used every day. you can not be spending then always pay the shipping costs continually, perhaps if it had been a lot of offline stores that accept bitcoin we could use bitcoin everyday
2006  Economy / Economics / Re: Tell me your predictions about Bitcoin on: April 06, 2017, 11:29:40 PM
It is way hard to take a guess if the prediction is subject to the range 2018-2020 years. I guess we can hit up to 1.500$ for the near future.
I thought the price was very likely we will achieve. the beginning of the year the price was $ 1300 before all the panic selling and later the price dropped again. I'm sure in the near future $ 1,500 will occur
2007  Economy / Economics / Re: The best time to invest. on: April 06, 2017, 11:25:12 PM
Theres no time when it comes on investment when you want to invest you don't need to pick a date or time when you want to invest if you really want to then invest if you don't want then leave the investment site alone that's it Smiley it likes your just stocking your bitcoin from there but to be honey it is too risk they're promising you to get good income when you invest but they like fooling you and getting your money = scam
I think it depends on the investments you choose. if you invest in a company, there is no right time you can directly invest in, but if you invest like the bitcoin. you have to determine the right time
2008  Bitcoin / Bitcoin Discussion / Re: Why should people use Bitcoin? on: April 05, 2017, 11:49:54 PM
- Transactions are fast
- User anonymity
- No chargeback frauds which is pretty common for the credit/debit card users
- The currency is decentralized, so you don't have to worry about getting monitored by any government or private agency
- Low transaction fees

And much more. I could go on forever but other members have already described so much, thought would take a stop here  Smiley

Transactions are fast, yes i agree but the problem is on the confirmation because it can took a time to wait until our transaction become confirmed. The most power of bitcoin is the fee itself and how easy to use bitcoin as an online currency.
Lol yeah especially if you use blockchain and you send bitcoin at least 0.1 BTC with a fee of 10k or 20k satoshi satoshi. I can guarantee that your transaction will be confirmed in the next day lol
2009  Bitcoin / Bitcoin Discussion / Re: Daily use of bitcoin? on: April 05, 2017, 11:47:41 PM
Bitcoin is popular now so bitcoin enthusiast do offer that services, one click in google and you will find sites that accept bitcoin for an international flight. I'm not into it yet since my budget would not allow me but like you I am also getting the benefits of paying my bills online with bitcoin.
but usually sold are electronic. we may not be spending bitcoin every day just to buy electronics. maybe I'll be glad when the restaurant or food store that accepts bitcoin as a payment option. of course I'm going to use it every day

2010  Economy / Economics / Re: Is it better to save money or invest it? on: April 05, 2017, 11:46:45 PM
My personal allocation strategy is a 45/35/20 between investing in start-ups, bitcoin, and cash.
I also split my money into 3 it, bitcoin investment, business, and save. but the difference I only allocate 20% of investments, 30% to make funds and 50% for I save or cash
2011  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: April 04, 2017, 11:34:17 PM
Bitcoin bank?  it may sound like the common fiat bank i.e the building and the money keeper. but i'm sure it shouldn't be that. for bitcoin every user is the banker of his/herself.
Your wallet should be your bank.
rue I think every user wants them to be the bank for themselves. because it would be much safer and easier course. because you do not need to rely on others. after all, your money will be controlled by bank
2012  Bitcoin / Bitcoin Discussion / Re: How do you keep your bitcoins? on: April 04, 2017, 11:31:00 PM
I like to have Bitcoins placed in my wallet from time to time only because the coins remain more secure compared to the online exchange. Since we've all been seeing the online exchanges getting hacked and websites being offline -Bitcoins are extremely valuable for some reason and I think that those with Bitcoin should try to store them in a safe place before something bad happens.
A Bitcoin file stored on a hard drive encrypted with a password is the correct method to storing Bitcoins.
because the online exchange is not a wallet they have any control over your bitcoin. especially a lot of exchange which had been a scam. of course it will not make a secure store in exchange
2013  Economy / Economics / Re: The future of the paper money on: April 04, 2017, 11:28:47 PM
Paper money will survive simply because it is one of the easiest ways to reach the whole population especially those that do no have access to banking services but as time has come to pass most of the money of the world now is in electronic form.
I agree, people are used to reaching in into their pockets and grabbing couple of bucks to pay for thing, and that seems a lot of an easier idea for them than reaching for their phone and putting passwords and paying with bitcoin, I think that bitcoin is not meant to be for everyone to use it is purely for people who are shopping on the internet.
Yes bitcoin is not to consider as a full replacement for our paper money because, in fact, bitcoin is just an addition for people like us to get an easier option for paying our bills online or doing other payment thru the internet and not a hassle way like going into the physical places. We don't need replacement for the fiat because fiat is created for its unique purposes as well as bitcoin.
not necessarily when paper money began outdated and not used, then bitcoin will replace him? I do not think it will be that easy. especially bitcoin is still banned by the government
2014  Economy / Economics / Re: Tell me a secret: any way to earn 0.1 BTC per week? on: April 04, 2017, 11:23:58 PM
Wait until you got a legendary rank and earning .1btc is possible for you.
all it took time, yeah if you have a high rank that I think the rate will be high for a sign campaign and you can make services such as escrow and such it will be an additional income. because the legendary rank usually trusted
2015  Bitcoin / Bitcoin Discussion / Re: What were your experiences with Bitcoin when you first started? on: March 31, 2017, 06:55:43 AM
may be the same as some other users. I know from my bitcoin and then get bitcoin is my first experience of a faucet. and it really tested my patience lol
2016  Bitcoin / Bitcoin Discussion / Re: Bitcoin progress in 2017 on: March 31, 2017, 06:48:29 AM
Actually, bitcoin really good this year, we have thousand per bitcoin unlike last year we only have 3 digits. So totally bitcoin is on its great progress.
in 2017 the highest price in the history of bitcoin occur. This especially new beginning of the year. certainly in a few months and then perhaps in the middle or the end of the year the price will be much higher
2017  Bitcoin / Bitcoin Discussion / Re: Difference between Bitcoin and real money? on: March 31, 2017, 06:47:12 AM
Bitcoin is digital currency however there are countries who accept them (eventually my country "PH" have some merchants who accepts them. I hope so in near future all the country will accept this digital currency for change.
actually bitcoin can also be regarded as real money because you can shop with bitcoin like to pay with real money. but bitcoin can also be used as a commodity, that makes the difference
2018  Economy / Economics / Re: Which one is good, trading or investing? on: March 31, 2017, 06:39:47 AM
I think the first trade because money can we play into the capital again after a good trade can only be invested if the investment money can not be rotated benefit from the investment of the interest earned each month.
everyone has their own strategy. maybe if you use trading revenue could be used to invest. while the investment income can only be obtained within a certain period? like that ?
2019  Economy / Economics / Re: Where can i invest my money? on: March 31, 2017, 06:26:34 AM
I currently have 2mil usd for investment.

I wanna invest it on bitcoin. Where can I invest it?

Please give me all the alternatives

thanks!

also, please look at my first post I plan to build a mining farm: https://bitcointalk.org/index.php?topic=1764338.msg17619998#msg17619998

Why would you invest your capital into a mining farm?  it will be a big risk to your park if you do that. There are some other alternative way where you can invest better than bitcoin mining farm. Like, investing in altcoins where you can grow your capital fast just be responsible by making trade in the exchange platform.

You can invest only a small part in alternative coins. This is very dangerous and risky. The rest of the money is best invested in the real business. Maybe the farm is not the worst option
I don't think so if invest in alternative coins is dangerous and risky. Because we can choose
the best altcoin to invest. We can see that in coinmarketcap site which coin in 5 top volume there.
Usually that's can be profitable to us. I think all business is having some risky.
even if you buy a coin that is located on the 5th volume of the largest coin. it will not guarantee you'll get lucky because it is very possible that coin prices landslides and collapse, it ever occurred to me
2020  Bitcoin / Bitcoin Discussion / Re: Bitcoin is decentralised, so who defends it from hackers? on: March 31, 2017, 06:08:16 AM
I don't get this, how do you defend something decentralised?
The network is basically multiple copies of itself being run on multiple machines throughout the world. You can hack one machine, but the rest of the machines carry on as normal and they will not bring down the network. Hacking one machine does nothing to the network itself either, since multiple components that exist in many copies of each other are propagating the rest of the network.
+1 the fact that its decentralised, is a big part of what makes it secure.


maybe that hacker can do is breaking into many purses then sell millions of bitcoin at a cheap price. maybe it can be done by hackers and make bitcoin collapse
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