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2101  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: March 09, 2017, 09:59:56 AM
Mission imposible, the fact the current bitcoin is used is not more than 1% of the world population, and 2022 left 5 years longer, so I conclude that it is not possible to use bitcoin almost everyone in 2022.
is it a fact? how do you calculate the total bitcoin users so you're saying that total bitcoin users still about 1% of the total population of the world?
I think we have to be sure that in that year users can more than now
2102  Economy / Economics / Re: Tell me your predictions about Bitcoin on: March 09, 2017, 09:55:09 AM
I'm sure the future will be good, this time a lot of positive news about the bitcoin so make people hunt bitcoin. I am sure, the world financial system would be like bitcoin.
I would be very confident about the future if the government began legalizing bitcoin certainly the future will be very apparent when bitcoin status is assured but for now it looks like I'm still in doubt
2103  Economy / Economics / Re: Why have Bitcoin instead of cash? on: March 09, 2017, 09:46:41 AM
I rather have Bitcoin instead of cash because:
It is safer
It can't get robbed from them
It can't break
It can't fall out of your pocket
but I'm sure you're still dependent on cash to any shopping to your needs dude. we do prefer bitcoin than the form of cash
but we still need cash at this time
2104  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: March 08, 2017, 07:48:18 AM
I believe trading of BTC is one of the best source of bitcoin nowadays . Bitcoin had reached more than $19,068,912,000+ cap which is an awesome . Increment of the bitcoin can also help a lot to trade bitcoin nowadays .
it proves that the velocity of money in the market of bitcoin is very large and this proves that bitcoin has a huge market and profitable. if you have a good knowledge in bitcoin. you can try trading
2105  Bitcoin / Bitcoin Discussion / Re: how strong is bitcoin really? on: March 08, 2017, 07:20:55 AM
If bitcoin have weak security, i'm sure by now bitcoin would be controlled by government or dead.
Bitcoin is still alive is the proof that bitcoin network is really strong. Most bitcoin stolen/lost usually because user fault or 3rd party service bug anyway Roll Eyes

I secondly agree with you....bitcoin is still on and growing stronger..population keeps increasing of those using it

Yes that is why bitcoin survive and and continue on growing value because of the rapid growth of users demand increases too. And surely
people will gonna support this virtual currency even the government do not.


bitcoin very rapid development it makes bitcoin will be strong. the day the bitcoin continues to spread nothing could stem the bitcoin
of course bitcoin will be stronger in the future
2106  Bitcoin / Bitcoin Discussion / Re: How do you store your bitcoins? on: March 08, 2017, 07:16:38 AM
I store bitcoin in my online web wallet and android mobile app . which makes easier for me to access the coin at the earliest. Among all wallet I like blockchain wallet the most because of its genuinity.
online wallet is very accessible and very flexible. wherever you go and be if you have internet access you can use an online wallet and make transactions with ease
2107  Economy / Economics / Re: Can we Manipulate Bitcoin price? on: March 08, 2017, 07:09:45 AM
can not !! bitcoin is common property and if it can be manipulated should be done with the same. bitcoin amount is huge and I'm not sure if bitcoin can be manipulated by some people. bitcoin ours and we are the owners of bitcoin !!
Yes,manipulation can be done easily in altcoins which has low marketcap.But, i think in bitcoin which has a huge marketcap,it is not easy to manipulate the price.Even,bitcoin price is also not in control of chinese holders nowadays.
of course, because in bitcoin very large volumes of more than millions of dollars each day in the market rotates bitcoin. so it will be difficult to manipulate the price of bitcoin. altcoin may be easier for small marketcap
2108  Economy / Speculation / Re: What/who make the price of bitcoin on: March 08, 2017, 06:55:31 AM
Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?
The demand, and with more adoption of bitcoin with the limit supply of bitcoin. that's making the bitcoin is rarely to find and the price of bitcoin will increase. and i think the general key to make the price of bitcoin is the demand for the bitcoin to use the bitcoin.
the more users, the more people who want to earn bitcoin. by the number of bitcoin that always stays this course will make bitcoin prices continue to rise. which makes the price is certainly demand it
2109  Economy / Economics / Re: Is it better to save money or invest it? on: March 06, 2017, 01:40:00 AM
Saving is always good. Some money should be used for living, some for investments and at least 1/3 for saving.
Without savings, life is very very risky..
totally agree with you, without saving it all what you try such work and investment will be as useless because you did not save. then my advice do storage
but without investment we can not guarantee a better life for the future and if you only save in the long run it will be exhausted if the percentage of 70% to investmen of 30% to save if there are things that are unexpected
I think without the investment even if you can still get rich, if you have a good job with a large income, would be good if you focus on saving. surely you would be wealthy if you save it with a nice



2110  Economy / Economics / Re: panic selling on: March 06, 2017, 01:35:04 AM
There is no way to bictoin to keep at this rates, there isnt any significant news to make the price be at where it is, soo be sure a heavily dump will happen sooner or later. Considering halving price 500-600dollars, 2020 halving should be 1000-1200 dollars, and without any change at bitcoin this price is just manipulated again.
I think it's just your mere speculation. I knew dump will happen but I think it would not go down too deep. may in around price of $800-$1,000 and then the price will rise again
2111  Economy / Economics / Re: Spending Bitcoins on: March 06, 2017, 01:33:07 AM
I do not often spend your Bitcoins. To be honest, in my country is not enough places to take Bitcoins. Now I just hold cryptocurrency in order to sell
There are heaps of places that already accept bitcoin, mainly online. If you look then you will see that just about anything you want could be purchased using bitcoin.
but nonetheless still limited stores who accept bitcoin. moreover it is usually outside the country and have to pay shipping costs are very expensive. I rarely spending bitcoin I'm just using bitcoin for investment
2112  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: March 06, 2017, 01:20:40 AM
Really if you want steady profits from Bitcoin just find something you can do that you can charge for from other people; some easy things include translations if you speak multiple languages, writing in your native language for altcoins and just general writing, and digital art design. Other things listed here generally involve medium to high amounts of risk.
there are many jobs that you can use to get a lot of bitcoin. if you have a lot of skills as fluent in English, smart in design, coding.
in Here you will get a lot of money dude
2113  Bitcoin / Bitcoin Discussion / Re: Bitcoin Will Kill The Income Tax on: March 06, 2017, 01:17:40 AM
No. It won't kill income tax. The taxes we have to pay for purchases is a lot.
Even if I have to give 0.01$ to my friend , including the fees and all I will have to pay around 0.15$.
That's a lot of fees/tax. But in the near future if this problem is solved , then it might kill income tax.

I think you are wrong because the governments are aware about bitcoin and they will adapt the tax system. This is not very difficult for them cuz everything is under their control. 

No, Government cant control Income tax via bitcoins because there is no record with government about that.
What they can least do is that they will apply taxes as soon as that bitcoins are converted into Fiat.
For now bitcoin has no government involve to control income tax for bitcoin.. but maybe in the future we will see taxes while we are using bitcoin just like other payment methods..
Look at the vcc's they are also asking for taxes online payment..  or credit card visa they are automatically deducting taxes that i think it can be also happen in bitcoin in the future..

Yes,in the future governments could consider tax for bitcoins because by now they realize that could be good source of income for their budgets and they don't want to lose that. Hope this will not happen but this also depends how much the bitcoin will be involved in economy and financial system of each country.

I also hope that this will not happen. But it is impossible completely to guess the government's actions in this field. It seems to me that if this happens, the popularity and anonymity Bitcoins are lost
I think for bitcoin is still on decentralization and anonymous then in the future even if the government will not be able to provide a tax on bitcoin. as long as you do not join the government as bitcoin bank. You do not have to pay taxes
2114  Economy / Economics / Re: What percentage of people on Earth will own Bitcoin by 2020 on: March 06, 2017, 01:10:06 AM
I went with 2-5% but that's being optimistic, realistically I think bitcoin ownership will stay under 2%. Even if bitcoin ownership increased by a magnitude of 10 it would still be less than 2%. We are still in the early days.
it is still too short to say that bitcoin will have a very large number of users. I knew the development and deployment of bitcoin kept walking
but 2020 is still too short time
2115  Economy / Economics / Re: The future of the paper money on: March 06, 2017, 01:08:48 AM
In the future, paper money will disappear, it will be replaced by another currency. In other words, paper money will become worthless because many countries print more money to stimulate the economy, the value of paper money will decrease serious. And i think electronic money will be the main currency in the future because it safe, fast and ensure transparency
paper money will not be replaced with another currency. paper money only will rejuvenate become more sophisticated and more flexible. The new version will be even more likely to be digital

Well i think the future of paper money is it will still be in our future. I agree that technology right niw is in a very fast pace but think about it, there are still a lot of countries that can't catch up with how fast technology is. Digital currency may become one of the top currencies that world will use in the future but i don't think paper moneybwould be obsolete in any way because a lot of people will still have a need for it's use
but it wasnt gradually every corner of the village in every country began to internet and digital currency. I believe the future of paper money will not be too good
2116  Economy / Economics / Re: Why do people keep saying BTC is dead?! on: March 05, 2017, 02:33:58 PM
Hodl is the way forward. Even with 0.1 amount of btc. You'd be suprised on how many things have come back from the dead.  Wink
many users are scared when the price of bitcoin kept sharp and then they say bitcoin will die. whereas from it all if you want to be patient instead it was a turning point because the price of bitcoin definitely pump and make you surprised
2117  Economy / Speculation / Re: What will happen when 1 satoshi is $ 1? on: March 05, 2017, 02:20:51 PM
Yes the day is not too far away because the price is up soaring like rocket. And its already like gold a digital gold. And I think we will use satoshi as the unit of bitcoin.
Lol what will happen to the world if one satoshi costs $1. whereas to get 1 satoshi in a very easy thing right,
That will never happen. for the balance of the world
2118  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi? Why did he hide his identity? on: March 05, 2017, 02:13:36 PM
So we got peeps that can bypass best securities but not back trace Satoshi!?!?
Why didn't someone back trace him yet?
I think there are some smart people who know who satoshi nakamoto is ? but they still keep it as a secret. because bad things will happen to bitcoin when satoshi Nakamoto who actually unfold #imo
2119  Bitcoin / Bitcoin Discussion / Re: How to explain bitcoin to teenagers or children on: March 05, 2017, 02:11:49 PM
Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.
Some good ideas how to teach them are:
Teach them at school
Teach them at home
Let them learn about Bitcoin with games

I think the teacher will not be willing to teach about bitcoin in school lol. moreover bitcoin is not legal in all countries.
yeah one way to let them know about bitcoin is with game
2120  Economy / Economics / Re: Is Paypal a scam? on: March 05, 2017, 02:09:23 PM
I rarely use this payment system and no problem I have not encountered. I am sure that it is a reliable service. Many of my friends use PayPal for payments

It is definitely a reliable service, but some of there actions are too much problematic. The fees are still acceptable but the sudden freeze of funds, not letting to withdraw are some major issues faced by me.  But if this issues are away, then it is quiet easy for me to transact.

I'm using Paypal for a very long time around ten over the years, but my funds were never frozen. It looks like they may be suspecting the source of your funds. If you can able to prove that those are your funds then they will release those funds for sure. For online payments PayPal is very convenient and it is not a scam.
but i do not have any experience about paypal either it is scam or not. but i think its service is not as more effective in more places, in my country paypal service is not available in my country and therefor we cannot use it.
there are countries where PayPal is not willing to open in that country probably because of the blacklist. but I think paypal is not a scam
I use paypal quite often to shop, and I rarely find problems in paypal
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