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2161  Economy / Economics / Re: Why Trump presidency may turn out beneficial for Bitcoin long term on: November 10, 2016, 07:14:41 PM
Trump is definitely aware of bitcoin, he received some campaign donations in bitcoins.

There is even an altcoin named Trumpcoin - don't know if he is actually affiliated to the coin. Undecided

lol this is funny, how you expect bitcoin and digital revolutions accepts by trump. If bitcoin araises world level dollar will become nil. bitcoin would accepts by chinese or russian only by first.
2162  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: November 10, 2016, 07:06:51 PM
Most people believe and want bitcoin just because it gives you the opportunity to escape from taxes and to do a more profitable investment without control. But if bitcoin bank, it is all lost.

But when exchange your bitcoin into your account, automatically government will have eye on your account and tax amount will be calculated due to usage.
2163  Bitcoin / Mining speculation / Re: Is Mining profitable? on: November 10, 2016, 06:55:42 PM
Solo mining bitcoin is no longer profitable, you got your profits from mining ETH.

So I'd say to OP, if you want to buy an ASIC, mine a SHA 256 altcoin like Peercoin, Crowncoin, KOMODO etc, and exchange them for bitcoins. You stand a better chance of making profit as a solo miner.

However when we starting mining as a small scale one business we could make big profit from that because electricity is biggest issue for this. if you could able to get a free electricity or less charge for it means profitable.
2164  Economy / Trading Discussion / Re: Trading is unpredictable job. on: November 10, 2016, 06:50:32 PM
In trading the results will be not same such as yesterday and possible too for that day you will experience to loss because you had wrong predict for the prices movement however even these jobs full of risk but some people very enjoy for trading and they more likely to choose trading than other jobs

Yup its upto the price value in the chart completely. Most of the traders use to buy the bitcoins when the value is low and trade it out when price is high. steady traders always use present both the times.
2165  Economy / Economics / Re: Mining coins save or sell it? on: November 10, 2016, 06:40:24 PM
That is what I observe too, altcoins is very far from the value of bitcoin right now. No one knows which of them will survive in the long term. If you know you can make a profit now either bitcoin or in other coins then go, if you don't, you will missed the opportunity that may not come back anymore.


Yes bitcoin is always ahead in the price or popularity or potential. thats all people are greedy at the back of bitcoins. Always like dodge, dash, ltc are some quite low to use by people.
2166  Other / Beginners & Help / Re: how can i sell my services for bitcoin ? on: November 10, 2016, 06:27:44 PM
You can sell your services here in our forum. Just go to service section and make a new thread and put all the infos about your service so you can prevent those various questions that may pop up on the thread. Also, If you don't want to sell your service here, you can go and find other freelance site which offer bitcoin as a payment.

This is perfect answer, We can able to find the best option for your skills in the bitcointalk forum. you could your services there or else you join with any work offer bitcoins. utilize it and earn as much you can.
2167  Bitcoin / Bitcoin Discussion / Re: Can bitcoin quantity go down? on: November 10, 2016, 06:19:51 PM
If you wish you could leave bitcoin network with available bitcoin in your wallet and that amount would never be used by anyone and that amount would be called dark amount because it's useless and no one will use it again. So this would reduce the quantity of bitcoin in circulation


circulation will be affects when the wallet is holding with big funds else nothing will affect. Due to halving mining only will become half. this is only thing can go down nothing else.
2168  Other / Beginners & Help / Re: How to open a bitcoin account? on: November 10, 2016, 06:15:48 PM
I think you want to open a wallet BTC account. Try blockchain.info.

It's a good online wallet for newbies start using BTCs with small amounts. When you learn more about it, you can change to another wallet as you wish.
Make sure you did all the safe procediments after creating your wallet to prevent issues later, good luck!


blockchain.info would be best option for using with newbies. I would suggest newbies to use desktop wallets from the starting days. this could obviously increase the usage potential of your skills.
2169  Economy / Trading Discussion / Re: Safest way to sell bitcoins? on: November 10, 2016, 06:02:02 PM
A day since I am into bitcoin world, I am selling my bitcoins on localbitcoins and transferring money to my bank account, it hardly takes few minutes for the amount to get credited into your bank account and that also with the least fees and I never faced any issue with it and I am selling my coins regularly and safely at that place.

Yup localbitcoins would be the best place to have a perfect trade, Mostly all are trustful traders only. Apart from localbitcoins, you could have try in coinbase or kraken. these also good platform to have a good bitcoin trade.
2170  Economy / Marketplace / Re: Where could I buy medicine for Bitcoin? on: November 10, 2016, 05:53:03 PM
You will not be able for find them in this time using the bitcoin for directly. but honestly about the possible way for selling your btc equal with fiat and in order for buy them through the website.
because in my experience I don't ever see the site like what are you looking for.


But I do not found any sites or shops offering medicines for bitcoins, Actually bitcoin would be more useful to render the treatment in natural disaster times. like we cannot able to hold our fiats in disaster time but bitcoin is not like that.
2171  Economy / Speculation / Re: rapidly increasing price on: November 10, 2016, 05:48:24 PM
Two weeks ago btc was around 640$, yesterday I checked and it was 705$ and today it's 720$.. It jumped up for 80$ in period of just a couple of weeks. What are your thoughts? Will it continue to rise like this, at what point will it stop going up and whats the cause of the sudden price jump
I was really really shocked too when the time i vacation the price of bitcoin is not like that and then i online because my vacation is done i really amazed on what the bitcoin price happen and when i checked it into preev.com site the bitcoin price was really high and my thoughts is the bitcoin will be hit the 800?


Even this is my expectation is like that, bitcoin is use to get increase on December and January months every year. I expect better price rise when compare to last year. wait and win with the best price.
2172  Economy / Speculation / Re: The cryptocurrency bitcoin also jumped to a recent high of $738 on: November 10, 2016, 05:36:59 PM
It was as high as 740 in bitcoinwisdom, bitstamp exchange. I think it's going to keep correcting, stabilize around 710, and we will start growing again after people took all the profits from the sudden pump. It will keep going up for the rest of the year then 1000+.

Bros, this information I received from the coindesk notification to email. I want confirm that this is not my speculation according to price and etc... Thank you.
2173  Economy / Trading Discussion / Re: did you put all your money into bitcoin? on: November 10, 2016, 05:28:20 PM
Actually I haven't really invested in bitcoin. Don't get me wrong I love Bitcoin and have been around it for years. It's just that I enjoy watching it from the outside, maybe in the future I'll invest in some longterm BTC holdings but right not I think watching suits my position.

Even I do not put my investment on bitcoin completely. I used to hold the bitcoin which I use to receive from my campaign. I sold and I have some in my wallet now.
2174  Economy / Speculation / The cryptocurrency bitcoin also jumped to a recent high of $738 on: November 10, 2016, 04:02:52 AM


The shocking news of Donald Trump’s election victory rattled markets across the world, The cryptocurrency bitcoin also jumped to a recent high of $738 overnight, and was trading at around $726 on Wednesday morning according to Coindesk.
2175  Economy / Economics / Re: Passive Income on: November 09, 2016, 06:10:06 PM
Passive income it's like having an investment with cloud mining or any ponzi or hyip isn't it ? And it means you earning or having an income with less effort , you don't have to work very hard for it . Well just like what other people saying passive income can't be found in any online investments you are more likely to get scammed .

If you need a passive just try in works like signature campaign or make use of your skills to get earn in the forum itself. If you can do coin design then you could earn something here.
2176  Bitcoin / Bitcoin Discussion / Re: For what was Bitcoin created? on: November 09, 2016, 05:49:29 PM
Whatever the reason is, bitcoin has helped many people. I think Satochi maybe created to earn money and he created a new way, people connect each other not only for money but for many others. Maybe the only think he was is to be rich, I don't know but bitcoin has changed many lifes since then.


It's a stupid question. It's so simple people need to get updated every things. It's same like that guys. It's a updation for currency evolution. You can similarly compare with robots
2177  Other / Off-topic / Re: Loan money on: November 04, 2016, 12:56:17 PM
Loaning money via internet and in Bitcoin is quite hard, especially for Newbie. To loan anything here on Bitcointalk you will need very good collateral, and because it is interent-loan it have to be digital collateral.
My advice is to look for loan in you local services in DK (if you don't have good digital collateral)

If you have enough document proof means you can proceed with btcjam by providing the needed documents with the demand of bitcoin that you want to get as loan. It would be the best one for newbies as much I know. Here in the forum, Newbies are not able to do that.
2178  Economy / Speculation / Re: Whos pumping bitcoin now? on: November 04, 2016, 12:43:12 PM
We all are. Investments are making Bitcoin rise, and it's probably time right now for miners to invest into new rigs, or a millionaire invested in Bitcoin. It needs to grow so it can be held alive.

Even I don't know how bitcoin get pump or dump on their price value. I believe It all depends on the supply and demand of bitcoins only. I have noticed one thing bitcoin is getting rise in the festival seasons and holidays always. Guys anyone knows the reason for it.
2179  Economy / Economics / Re: Do you Still believe in Fiat? on: November 04, 2016, 12:22:59 PM
I think it is not a matter of believing or not. You use them because it is available, like when you're in your country or another country you will have no choice to use the country's local currency right?

Fiat has its own purpose like any other form of currency  Grin


Yup its practically right buddy. Its waste to think about using fiat or not. Just use the fiat currencies until it leaves from the world. I think mine is better idea;)
2180  Bitcoin / Bitcoin Discussion / Re: How to teach people to download software wallets? on: November 04, 2016, 12:09:35 PM
I encounter this also several times. The problem is they did not know what to do,seriously. We as an IT people,its easy for us, but tho those who are not computer literate,they do not have no idea what to do.Even if you give them instructions,they ca not follow, the best is mentoring with them step by step. Also, if they are interested and determine to learn bitcoin, whatever it takes they will study and do some self study.

Whatever IT or finance work, When you start any work first of all we need assistance. Its a same kind of that thing buddy. Just we need assist person to make him well and good about bitcoin and all its features. Have online wallet or any app is must to be part of bitcoin. when its come to transaction. So explain it to needed people.
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