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2061  Bitcoin / Bitcoin Discussion / Re: Bank moving towards bitcoin soon? on: December 02, 2016, 11:20:29 AM
There's no way bank moving towards bitcoin unless bitcoin is legal in their country and many people use bitcoin there.
Bank don't want bitcoin become popular because centralized is what makes them strong Roll Eyes

To be honest, i don't want bank moving towards bitcoin because some people will use their service and don't realize power of the decentralization.
There are some advantages if banks adopting bitcoin, I think they can't control it or make it centralized as the system set that way except everyone sell theirs coin to banks. I mean, it will like bank investing in bitcoin and people simply could convert their money to bitcoin or vice versa, but only if the state legalized bitcoin to adopted by banks and as accepted payment everywhere which seems impossible, lol. But at least bitcoin still have it own market that will develop and has massive adoption.

Already Citi bank newyork announched these advantages in the press meet about bitcoins advantages and its uses in the banking sector. This official information was provided on last month. I guess citi bank will adopt bitcoins as the payment and transaction medium soon.
2062  Economy / Trading Discussion / Re: How and where do I store my bitcoins? on: December 02, 2016, 10:58:02 AM
To keep our btcsecure even a big or small amount we must always consider that we cant trust any sites or apps that much , this apps were all controlled by a developer though there are still some that is really trusted. Try to portion it on diffrent wallets or why not consider investing on different andreliables investment sites its like storing too jut dont put all in one investment.


If you fear about online and app wallet. Just put your bitcoins in the paper wallet or cold storage. These places are more secure one in holding your bitcoins. But I do not think your bitcoins are risky in online wallets like blockchain and coinbase.
2063  Economy / Speculation / Re: Bitcoins price bump on: December 02, 2016, 10:29:59 AM
I've been looking and tracking bitcoins price movement for weeks now. There's not doubt that its been bumped. The question is, at what point will they dump? - Are you still willing to invest your money?

Till new year you can make profit ny bitcoins I think because if you notice every year's price chart from November to January value use to get increase only. If dump comes also it would be for very few amount only. Already this year halving done its part and pushed the value up and still raising. No doubts you could invest on it. Check before investing, there are many ponzi schemes are there.
2064  Economy / Marketplace / Re: What places do you do your shopping online? on: December 02, 2016, 10:05:21 AM
I do my online shopping mostly on places that accepts bitcoins because it is the easiest way to pay someone online . If it is local I can use my virtual card but when it comes to global there is no method that beats Bitcoin for me. Other than these, some big discounts attracts me to use bitcoin payments.

I have many times recharges to my mobile using bitrefill. Whenever I do not have money lesser than mim\nimum balance in my account. Even you could have try this. Purse.io providing online shopping using bitcoins in Amazon.com. If you any big option to buy in oline means others can share it.
2065  Bitcoin / Bitcoin Discussion / Re: Difference between Bitcoin and real money? on: December 02, 2016, 09:50:01 AM
first of all i must mention the equality from bitcoin and real money is both are the currency, valuable and i could buy stuffs using them and i think the different from them is because bitcoin is cryptocurrency then you cannot storing in your pocket but real money is physical so you could carry it wherever you go

You have your physical fiat money in physical wallet but it can stolen by anyone bitcoin is very secured medium it is not easily hackable by anyone. I would say bitcoin more safest money according to me. Only difference bitcoin is not known money all the people in the world but fiat everybody knows.
2066  Economy / Economics / Re: If bitcoin price is $10.000, will fiat be worthless? on: December 02, 2016, 09:43:28 AM
It won't. Bitcoin has not yet received the necessary adoption it needs to replace Fiat currency. You can't buy groceries yet with bitcoins. Unless the world goes completely digital, this might not happen even if the price rises to $10,000 each. Even if it does rise that high, I think the governments will just create their own monetary system which shall also be digital to replace the fiat currency right now.

Yeah there will not be change in value of fiat of worthless. It would be use I think. As of now bitcoins is not widely use all the people. Still bitcoin has its potential and its own value. This how the day changes for bitcoins. Fiat will be with its quality and value.
2067  Economy / Marketplace / Re: What type of products you would like to buy with Bitcoins? on: December 02, 2016, 09:25:15 AM
If there will be website like amazon to accept bitcoin payments on every product, that would be great but there are some alternatives of it. Every product would be good to buy bitcoin, which sells online but at the same time, not only products but also netflix and other similar types of accounts with bitcoin payments will be great. If we talk about electronics, than we have a good choise and everyone knows what I mean.

Buddy already bitcoins is accepted as payment via puse.io for amazon purchases. However check the purse site, there you can find the items available to purchase in amazon. I think this is logical future move from Amazon. I expect more online shopping and other physical stores should accept bitcoins. 
2068  Economy / Trading Discussion / Re: Trading like professional. on: December 02, 2016, 09:16:51 AM
To be professional in bitcoin trading, users needs to make perfect decision on selection of the digital currency as well the for the trading purpose. Then needs to make close observation of price variation and fix the profit margin. Based upon these factors trade volume could be increased.


Still we can see the successful traders with the low volume and high range transactions. You could check with the localbitcoins where you can start with the low investment and money limit starting according to your country's fiat currency, I would just simply price chart make decision thats it.
2069  Other / Archival / Re: Which one is better for bitcoin future? Mass adoption or huge price increase? on: December 02, 2016, 09:03:29 AM
One will likely lead to another, but I think the price increase is more important for us before the mass adoption because people will see Bitcoin all over the news again, and this will lead to mass adoption too! Price increase convinced me to get into the Bitcoin business too, three years ago.
I think the increase in price without any reason can be a temporary increase, wherease if people are entering in bitcoin world and adopting bitcoin and this will increase the demand of bitcon and the price will automatically incrase, so to me mass adoption is more important for stable price increase because simple price increase may get dumped just after that.

Due to this price value and demand only people are adopting bitcoin in their business or services. However I would say both are important to bitcoin. These both give high potential to bitcoins in upcoming years. Will wait watch which biggest MNC will adopt bitcoins in their business in future.
2070  Other / Beginners & Help / Re: trusted escrow and their fees on: December 02, 2016, 08:53:13 AM
Please suggest some trusted escrows and what are the fees to be paid to them?

I would suggest you tru with Neotax or SebastianJu. Both are trusted escorws in this forum and I do not think they are charging fees for escrow. I am sure with neotax but not sebestian. Kindly check and have escrow as a trusted people like these.
2071  Bitcoin / Bitcoin Discussion / Re: Buying Drugs with Bitcoin ? on: December 02, 2016, 07:46:22 AM
I do not think that anyonr who bought drugs with bitcoin is going to reveal his idenity here, as buying drugs is illegal no matter what is your payment method, and this forum is not so anonymous.

If someone claims here that he bought drugs with bitcoin he is risking himself.


Who said anonymousity is not there in the bitcoin medium, IF you buy or sell also no one can identify the person. They can find server ip but not the person's one. But even I do not think people are selling and buying drugs with bitcoins
2072  Bitcoin / Bitcoin Discussion / Re: How can we fasten the transaction of payment in BITCOIN paying high fees? on: December 02, 2016, 07:36:13 AM
It seems that even you pay fees when transacting or sending through blockchain with bitcoin, you still have to wait for a mean time or maybe a long period of time, but there is a free of charge in sending bitcoin and when you look at the blockchain you ride along with another sender/hash that is paying a fee, is it unfair or there is a logically explanation behind it?.

You could have try with coinbase, when compare with blockchain, minimum fees from the coinbase is very less and transferring through blocks and transaction time all seems to similar as I noticed. If you pay the high fees it might go faster than regular one but not sure.
2073  Economy / Speculation / Re: There is no reason for small price changes, Stop looking! on: December 02, 2016, 07:07:40 AM
I don't take stock of price changes unless they are 10% up or down. I think Bitcoin is currently undervalued and should be nearer $2000. I shall see how long it takes to get there and then I shall re-evaluate.

To reach the value to 2000$ and more will take atleast one year from now I think. Due to this christmas pump only price is getting increase continuously without getting any small dump. Will wait and see the price chart in upcoming days to see your speculation happening or not.
2074  Economy / Economics / Re: Bitcoin or gold? on: December 02, 2016, 06:56:47 AM
Gold has already its moment, and it had happened on the last 30 years, bitcoin its happening now, and all years bitcoin its bringing amazing results to all members, this after the crash from 1200 to 200 dollars. A huge advantage of bitcoin over gold its the possibility to earn portion doing some tasks, something we cant do with gold.
I will not discard gold so lightly, I prefer bitcoin myself, but gold has a long story in the world and if something were to happen most people in th world are not going to turn to bitcoin but to gold since it is something they know has value since the beginnings of civilization.

When compare with bitcoin gold much in use as of now. However in future bitcoins only gonna rule the world by its demand and supply. I think in the year 2025 bitcoin weould be most costliest stock around the world. Hoping this deed will happen soon.
2075  Bitcoin / Bitcoin Discussion / Re: Bitcoin Attraction on: December 02, 2016, 06:47:57 AM
since i using bitcoin there are so many opportunity to making money and that is the main reason why i use bitcoin but besides that bitcoin have good feature which is not owned by the bank and those feature is anonymity, low fees and full access to my bitcoin without controlling by third party



I would say anonymous and tax free like gulf country is best feature in bitcoins. Bitcoin is open ledger where you see the all the incoming and outgoing transaction easily. If governement adopt bitcoins and make any address as a open ledger for governement transactions. Then there is no scams at all with the tax payers money.
2076  Economy / Marketplace / Re: What kind of service/business would you create if you had funding and.... on: December 02, 2016, 05:27:41 AM


Its already many people are doing this fauceting site creation. I would like to start to real time exchange and travel agency in city by accepting bitcoins as a payment and want to use to teach about bitcoins to the people around me for money.

I am always just do not want to earn for myself, but always looking to contribute to bitcoin ecosystem. Faucets must be a right choice for that with least funds.

I wish I could start a faucet business like freebitco.in , they are huge , there are some small ones but they are filled with ads and look horrible. I can even consider faucet rotator . These websites help the new bitcoin adopters to get their first coins as a traction to stay for longer.
2077  Economy / Speculation / Re: The adoption boom is coming on: December 02, 2016, 05:19:11 AM
Ransomware is natural evolution of cyber crime, it is not because bitcoin was invented we have this problem - it is the the other way around.
Blaming BTC for ransomware is like blaming RSA encryption schemes or any other encryption method - because thanks to them our files can be targeted...
Cryptocurrency is a just a catalyst for every cyber crime but it is too late to back off, if not BTC they would be using LTC, ETH, XMR or Dash - it doesn't matter.

Scare tactics and economic propaganda seem to be working as these misconceptions are still pervasive - even within the crypto community it seems.

If you think about it, BTC is actually NOT an excellent tool for doing stuff online - not when you have to go through the trouble of washing your bits a billion times (and believe me, the most dogged Tom, Dick or Harry can still trace back your bitcoins).

Doing fiat with corrupt bank officials is still the choiciest and easiest way for criminal activity. You can't "fix" the blockchain.

You are talking about big time criminals, for example, illegal arms merchants or human trafficking operators. And I suspect that the latter are not very interested in doing stuff online altogether, they are more "mundane" in this respect. Smaller fish like scammers, fraudsters and darkmarket users whose illegal activities are conducted mainly through Internet might not have such option readily available to them.  And this is where Bitcoin gets quite handy...

Even if you have to wash your dirty coins a few times

There is one use case where a big time crime ring could make use of Bitcoins. What about kidnapping for ransom? It would be a lot easier for them to collect money if it was done thru Bitcoin. Let us all wait for the day that a Mexican cartel ransom demand is done in Bitcoin. Or do you see how the big time hit men in the movies only use their computers to send and receive funds? That could happen with the use of Bitcoins. It will be much easier for them and safer.

I don't think it's not more easier to loot bitcoins like regular Fiat. You need a wallet.dat or private key to sweep your wallet. Else it's not at all a possible one until you open and send it
2078  Economy / Economics / Re: You should never trust banks on: December 02, 2016, 05:13:30 AM
Why you should not trust bank, bank is the government regulated business and it will hold money for our future that is why bank is trusted in holding our money just only choose the bank who have good reputation.


But the Banks use put interest on our head for loan and credit card charges in highly on our head but bitcoins is money regulations where there is no any rules like put a extra charges or interest like banks. It's simply independent one.
2079  Bitcoin / Bitcoin Discussion / Re: Please teach me how to grow my bitcoin on: December 02, 2016, 05:10:30 AM
How much generally to the top guys make on signature campaigns? I know its based on rank so how much a month can someone with the tpp 2 ranks make per month? Thank you.

It's all about in the hands of campaign manager and owner. You might noticed some people in the campaign list use to get the payment for mosts or highly payable. Increase the quality and duration in the forum. You might get the chance like that
2080  Bitcoin / Bitcoin Discussion / Re: Gradma knows about bitcoin. on: December 02, 2016, 05:03:14 AM
That's nice that the grandma
knows about bitcoin.

I do not suggest grandma to know about bitcoin. However there is nothing profit because of the old lady expect she is  a millionaire adopt in the business.
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