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2001  Bitcoin / Bitcoin Discussion / Re: Do you think Bitcoin will survive after 100 year ? on: August 11, 2017, 06:39:21 PM
I am asking this just to see the different opinions of Bitcoin community about its long term potential

I know Bitcoin is actually strong enough and stable as well

But what do you think about it after 100 years ?

That is the future. We can only predict, but we can not predict what will happen. But I still believe in Bitcoin, maybe because more and more countries accept Bitcoin, it has the potential to grow. So, 100 years from now, maybe Bitcoin will still exist
As the entire digital currency functioning is based on predictive market we can just predict the upcoming years growth, but the same is not gonna happen. With time and user participation things will vary accordingly. With this in my bitcoin will survive for more than 100 years even after the 21million gets mined.
2002  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin truly decentralized? on: August 11, 2017, 06:23:27 PM
Bitcoin is truly decentralized, else this could have been manipulated often by the user who holds a big volume of bitcoin. As it functions on an entirely open platform the transactions were transparent. This makes it a trusted way for large volume transactions.
2003  Alternate cryptocurrencies / Altcoin Discussion / Re: Alt coins worth buying on: August 11, 2017, 05:44:20 PM
Altcoins are worth buying, but most of the time over expectations should not be there with the altcoins trading. The reason is that with altcoins the price pumping happens on a sudden and continues to last for a short. In this time some users over expect for profiting and hold with converting to fiat or btc.
2004  Economy / Gambling discussion / Re: If money would not be a problem, would you still gamble? on: August 10, 2017, 06:36:45 AM
If money is not a problem more people would be found into  the gambling. This happens because users focus much in making effective predictions about the market or the gamea rather than thinking whether they win or lose the game and loss money. This helps the user make perfect pick on odds ending in win, rather than selecting with fear of losing and ending in loss.
2005  Economy / Economics / Re: When will more retailers accept Bitcoin on: August 10, 2017, 06:16:14 AM
When more retailers will receive Bitcoin, I think it's just a matter of time, because the more bitcoin the more it uses, the possibility of bitcoin will continue to grow and the price will be more expensive Wink
I agree, bitcoin has already made a huge impact on the internet and the news of it rising up has been the talk of forums and blogs and videos, and i think that the more poeple will join in the soooner it will become widly accepted.
Wide acceptance of bitcoin is found to some extent. This will increase when more people start using bitcoin directly for different purposes starting from purchasing. More retailers start accepting when the people start using it for purchasing in large scale. In the past some retailers started accepting bitcoin and stopped the service all of a sudden, because they didn't gained big through it.
2006  Economy / Speculation / Re: Another Fun Poll for BTC vs BCC on: August 10, 2017, 05:57:19 AM
I'm holding both. Who is buying? most likely somebody a fuck of a lot richer than you, and he ain't in this to take a loss.

I am also holding both. I have been lurking the BitcoinCash community and there are rumors that the "unknown miner" is someone who was from the Hong Kong Agreement and that he plans to make BCC much more than it is right now.

Another name that was cited was John McAfee.
I'm not sure about the above information, but it has chance to evade the bitcoin community in such a manner. On the day of splitting bitcoin cash gained more support than the bitcoin. This is all because of the growth rate was found high on bitcoin cash by that day. Soon within few days time the price started to decrease gradually.
2007  Economy / Speculation / Re: Isn't speculation and volatility problem for cryptocurrency? on: August 10, 2017, 05:34:05 AM
Digital currencies were mostly speculative in nature and just because of that volatility serve as an driving force carrying the trust of the users who are into digital currency usage. Also if volatility is not found with bitcoin, then it could have gained same value as the normal fiat. Now just because of the volatility bitcoin has got multiple usage and becomes more valuable than fiat.
2008  Economy / Trading Discussion / Re: what is your stratety in trading on: August 08, 2017, 11:56:39 PM
I don't have any fixed strategy. Most of the time try to focus buying low and sell high opportunity. When I can't do the same as the price fluctuate have other plans of holding specific coins and waiting for the price to increase rather than selling low.
2009  Economy / Speculation / Re: BTC upto 5000$!! on: August 08, 2017, 11:39:59 PM
it's not impossible, but if we can image, why don't we predict the price will go $18000 in the end of this year?
Lol this is insane bitcoin price has the a great future and potential to become that price but not in the year of 2018 maybe it will took many years before it will become more that we cna oredict it but its really impossible if bitcoin price will become in demand and company will accept bitcoin as there business then maybe demand will be increase.
Yes, based on the increasing demand will be the price increase. On the whole I believe the price will be reaching high all of a sudden when few countries officially regulate bitcoin as it that happened when Japan, Australia and few countries consecutively started accepting bitcoin.
2010  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: August 08, 2017, 10:58:29 PM
Currently bitcoin is not yet fully a global currency because there are still some countries that prohibit the use of bitcoin, but this is certainly not an obstacle to the continued development of bitcoin.
Some countries have prohibited it in their countries but they will sooner start to adopt it for their country when they will know that bitcoin will start to use for online international business as if they will then deny then they will deny their success in development.
Though bitcoin is prohibited in several countries, they have been in hard study about the good and the way it can take the country to a higher growth level in all fields. From economy to technology advancement, so the participation of bitcoin will increase big by the falling years making it a global currency.
2011  Bitcoin / Bitcoin Discussion / Re: Where is the safest place to open ethereum wallet ? on: August 08, 2017, 10:00:39 PM
That's the trusted way to keep your ethereum in much secure manner. They don't have control over your wallet, so everything will be on your hands and depending is the security. If you've lost some phrases they cannot help you with remaining the account and the assets held in it.
2012  Economy / Trading Discussion / Re: Buy low sell high? on: August 08, 2017, 03:47:50 AM
This is a commonly used strategy by majority of the users involved into trading. The same strategy won't be successful on every trading, because now people has got the chance to buy low and sell high as the price grows in no time. The same happens rarely, so traders need to make other plans to earn through the fluctuations.
2013  Bitcoin / Bitcoin Discussion / Re: Scammers have stolen my money on: August 08, 2017, 03:35:55 AM
This is pity, because the hard earnings or investment when goes unused into the hands of someone else make the users of eel much bad about it. Same thing has happened with me, but I understood the mistake and now have more responsibility in making the earnings in a much secure way with better security features enabled.
2014  Economy / Speculation / Re: Can we see $50 ? on: August 08, 2017, 03:18:39 AM
Altcoins have started pumping to reach more than $50, right now there is no reason for bitcoin to reach such a low value. Though bitcoin is unpredictable in nature this we can say with assurance that it won't fell that low, because the user be it here gained is high and the market capital too is very big than the altcoins market.
2015  Economy / Economics / Re: Cashless society on: August 08, 2017, 02:51:16 AM
Being a cashless society is simply hard, but if it's created then the ease in tracking and all other things happen and each and every user will be under the eyes of the government which is a major flaw in cashless society. Also this suits the less populated countries rather than the densely populated nation, because to go cashless everyone needs certain amount of knowledge. With little population somehow they can be taught which is quiet impossible with the highly populated nations.
2016  Bitcoin / Bitcoin Discussion / Re: Why people are holding Bitcoin? on: August 08, 2017, 02:04:03 AM
Think of the price growth that has happened as well gonna happen with bitcoin. One who have bought it during the starting of the ongoing year has profited more than $2500 which one cannot gain through any other form of investment. This is the one that makes people hold bitcoin for a long time period.
2017  Economy / Gambling discussion / Re: What is Your Favorite Gambling Game? on: August 07, 2017, 06:17:40 PM
Name only one. Which is your favorite gambling game, if you could play only one?
Mostly i spend my time to play casino and dice game may be that's my favorite game.
I do spend time playing casinos and other games, but this is not the favorite game in gambling. Here the winning is low with me and this made me focus much on sports betting where one can earn if he's quiet aware about the playing potential of some particular team and it's players.
2018  Economy / Speculation / Re: Is it too late to buy bitcoin? on: August 06, 2017, 04:27:24 PM
It is never too late to buy bitcoin. According to me this is still the initial phase for bitcoin going on. There still lot to come. Buying bitcoins today will most probably can make you millionaire in a period of 10 years.
Yes, what's taking place and gonna happen in the future is big. Bitcoin is just around 9 years away from its day of existence. This clearly shows how young is bitcoin and this is expected to travel long and from various experts prediction price surely reaches $50k or more. Investing these days will make those people a millionaire on long run.
2019  Economy / Economics / Re: lest we forget, Bitcoin is a blessing. on: August 06, 2017, 04:07:59 PM
Bitcoin is purely a blessing. More users were here focusing to earn big through bitcoin. If calculated all about the number of users using bitcoin and making a living majority of the forum members does it. Also more users consider it an added income to make a better living.
2020  Economy / Speculation / Re: Which one to buy? Stocks Houses Gold or Bitcoin or Bonds? on: August 06, 2017, 03:33:22 PM
Bitcoin is the right pick. Whether the price of bitcoin increases or decreases never think about it, just invest into it. In my thinking only the user who have trusted and invested into it has profited big. The earlier we invest into bitcoin the biggest will be the profit we make with respect to time.
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