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221  Bitcoin / Bitcoin Discussion / Re: How to explain bitcoin to teenagers or children on: December 26, 2016, 02:23:31 AM
It would be very nice if the children were able to learn programming skills before they finish junior school. But how to simplify the process of understanding children programming that requires a lot of effort?
why are we feeling the need of to teach to teenagers about bitcoin, i do not think that there is any need of teaching children and teenagers about bitcoin. to me i think they should keep interest in their study.
There's always time to learn as I believe bitcoin will be here for a longer time, the time will just come when they are ready enough and they are matured to know the real situation of the world.
222  Bitcoin / Bitcoin Discussion / Re: What does a President Trump mean for Bitcoin? on: December 26, 2016, 02:19:27 AM
Well, Trump doesn't even know what bitcoin is.
So, Trump won't support the bitcoin coz he doesn't even know it.
Are you kidding me? A President of a powerful state does not know about bitcoin. lol
223  Economy / Economics / Re: Bitcoin can not replace fiat on: December 26, 2016, 02:06:32 AM
Yes bitcoin can not replace fiat because many people have no knowledge about bitcoin also in new technology like our gadgets. More peole dont have smartphone or even a computer so its getting to hard that bitcoin replace fiat.
I think you have a point , most of the people in the world still don’t even know what bitcoin is and even the ones that have searched the internet or even heard of bitcoin never tried to get into it , so trying to replace fiat that everyone knows and they are used to using it every day with something new and advanced as bitcoin is really hard.
There is a number of obstacles... there are problems related to knowledge, because in fact many people do not know Bitcoin, and there are technical problems... maybe the biggest one is the problem of scalability, because it will take a long time for the network to have enough capacity to support such a large number of users. But many obstacles have already been overcome, and nothing prevents the network from continuing to increase capacity and stability over the years. The developers are there doing the best job for this.
In overall, the system is really great but that does not mean people can easily adopt with, they still prefer fiat to use that bitcoin as that is very simple and they have been using it for a long time already and they are comfortable using it, if they do not get any benefits with bitcoin, they will not adopt with it.
224  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: December 24, 2016, 08:28:59 AM
Yes its coming closer and closer to this what is good and I think that it has a great future and also will be more used globally everyday so that is a good sign and you can also see the price increasing.
the price rise will not happen every day definitely a time the price will come down. but the development of bitcoin will keep going forward and will be more people who will adopt bitcoin, users will increase in many parts of the world, and certainly bitcoin will become a global currency, I'm believe it
It will become a global currency because from different part of the world people are using it, but we cannot expect we can attract a bigger population to adopt bitcoin, we are 1% now of total population in the world but I doubt we can reach 10%.
225  Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy on: December 24, 2016, 08:22:18 AM
bitcoin will never go down to 100$ btc because is very much stronger currency and bitcoin increasing its price too much faster and bitcoin adoption is also increasing very faster and we can check that bitcoin price more increasing nowadays .
Yes you are right bitcoins will never go back to $100  its very impossible because of its demand and supply that makes bitcoin become more pricey than its price now.
Of course it's not impossible, but I think it will not happen easy, the price is rising now and that tells us that bitcoin is very progressive and we will reach $1,000 this year not $100.
226  Bitcoin / Bitcoin Discussion / Re: If bitcoin died tomorrow on: December 24, 2016, 08:10:57 AM
Id honstly lose all ym savings Sad((((

Does anybody else do this too?
I could lose maybe, but probably not all my savings. I don't put all my money in bitcoin either as I believe how risky it is. If I profit then good, but definitely I can still continue my life even if bitcoin will not succeed but I don't really hope for that to happen.
227  Bitcoin / Bitcoin Discussion / Re: BitCoin 20 Years From Now on: December 24, 2016, 08:03:05 AM
I believe that bitcoin will continue its better progress and development in the future especially in terms of the price. It is a fast growing digital money as we experiencing at this moment. Users and supporters should not feel weary, it was created for us and take the benefits.
I agree to you , I am believing too that bitcoin will continue its better development in the future if bitcoin survives. Their is a risk that bitcoin can be banned in the whole world. But for now I am hoping for a good price peaks before 2017 ends
One step at a time, we have to focus more on this year because I like what is happening with bitcoin this year, and I like this also to continue for the next 20 years, I cannot imagine what will be the price then.
228  Economy / Economics / Re: Bitcoin can not replace fiat on: December 24, 2016, 07:56:04 AM
Since Fiat is a kind of securities issued by the state and bitcoin it is still not routine exchange of recognition of States, neither of which is replaced out of the question.
Apparently the majority of countries will never accept bitcoin fully fledged currency. If this is possible, the authorities will very quickly lose their sources of income and filling byudzhetov.poetomu bitcoin will be outlawed.
I presume those who does not accept bitcoin or recognize it are a corrupt countries, they are run but corrupt officials who are protecting only the interest of big businesses and not the people.
229  Bitcoin / Bitcoin Discussion / Re: Effects of Banning Bitcoin ? on: December 24, 2016, 07:50:33 AM
Maybe it's because of the closed mindedness of governments to change. It could be a matter of time before everyone will accept it and other places where they didn't take this first will accept it because of the trend. It will soon be accepted because of it's possibilities.
that's for sure its a gamble between adoption and restriction as many government still wanted to take control of their currency that's why its hard for them to adopt but sooner or later bitcoin will be accepted in those places as they can't stop the progress and popularity most of their peoples will also use it no matter what.
They will have to hate bitcoin to support their own, as when times come that people see the government are supporting bitcoin, it will only attract more people to adopt and while bitcoin is getting popular, their currency are also starting to lost its popularity.
230  Economy / Economics / Re: Why do people keep saying BTC is dead?! on: December 24, 2016, 07:10:37 AM
i think they are do not know about the future of bitcoin because they are keep saying that bitcoin is dead and if they study about the bitcoin they will also be also start to use bitcoin and they will also buy bitcoin and then hold it for the future of higher price of bitcoin.
i think they know the future of bitcoin, but they want to reduce the price of of bitcoin by spreading such news, so that they can get opportunity of buying bitcoin in low price, but this time people are not going to go for panic selling, they are holding their bitcoins for price increase.

Negative news have only a very insignificant effect on the exchange rates. In the past, the exchange rates have crashed whenever a major theft or hack occurred. A perfect example for this is the Mt Gox theft, which resulted in the exchange rates nosediving from $800 per coin to $300 per coin in a matter of few weeks.
True, I think now users are smart enough to filter the news about bitcoin, there are many media discrediting bitcoin, but it does not cause a great effect on bitcoin, it proves that the users have been smart enough
Bitcoin is strong and we are representing it, and even how bad publication it is, it would not affect our community and we are increasing so that means we are solid and strong here.
231  Economy / Economics / Re: Best way for steady income on: December 24, 2016, 07:02:23 AM
in fact in the world of  bitcoin only a signature campaign can give you steady income, otherwise there is not any other way of making steady income from in bitcoin,

This is the problem to people that don't explore other boards of this forum. They aren't aware that there are other ways to earn steady income like mining, making your own business, doing ICOs, etc. Signature campaign is not a steady income after all since most signature campaigns close after a couple of months, some even just for weeks. There's very limited signature campaign that has been running for years now like Betcoin and Crypto-Games.

Get out of this forum and do some serious research about bitcoin.
Even if some considers it as a form of steady income, but they failed to realize that the income is not enough to use in your daily expenses in life. We have to seek for a bigger income and certainly that is not signature campaign.
232  Economy / Economics / Re: Why the big whales are not cashing out? on: December 24, 2016, 06:56:03 AM
There is still a big upside to the price of Bitcoin. Most whales will hold until the price gets into the thousands before they cash out.
You're right. Big whales are waiting bitcoins will become pricey maybe $2000 so maybe they will cash out 3 years from now and they are willing to wait bro.
We don't know what exactly the whales are thinking, only certain we know is that they are in bitcoin to make money, so there's no specific price that would make them sell their bitcoins, it is just their timing on what they are doing.
233  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: December 24, 2016, 06:50:32 AM
Bitcoin wallets already serves as a bitcoin banks where you can deposits and save you bitcoins. If they creates banks for saving bitcoins no one can be sure if it is safe from hackers. When someone wallets is hacked, only his bitcoin will be taken but if a bitcoin bank is hacked, all bitcoins that deposited in that bank might be gone.
It could be, but not the same features as what banks can offer for saving in real bank accounts, in bank we can enjoy the insurance while in bitcoin there's none. So definitely bank is always good for savings not bitcoin, it is only for investment.
234  Bitcoin / Bitcoin Discussion / Re: What do you like best about bitcoin? on: December 24, 2016, 06:37:35 AM


What do you like best about bitcoin?
Decentralization, transparency or easier to move?
Or just it makes you look cool? Wink

Well the best thing about was bitcoin is decentralized, with that non of us cannot control the bitcoin of other's. Even the government itself can't do such things like that. So for me I'm very glad and I admired Mr. Satoshi nakamoto for his very unique creation  in technology like this.
people does not even know that a teenager is making a lot of money in bitcoin already, that is because we re anonymous and everything is equal here, that is regardless of our status in life, age, gender, and whatsoever factors to consider to be successful in real life.

Opportunities are a lot here, so why still look for others.
235  Economy / Economics / Re: You should never trust banks on: December 24, 2016, 06:27:29 AM
wow Its exactly what i was feeling lets all the banks die :p sad to hear about your loss but these banks are ment to do this. its like a organization of some thieves got legal permission to rob anyone any time but in a polite manner. LOL All they do where covered by a small senntence "WE DO EVERYTHING TO CONTROL THE ECONOMICAL BALANCE OF MONEY IN A COUNTRY" (*By Playing secret mind games and by giving loans ). they where never helping the citizen they where just doing the business and the profit making thats all
Maybe you have a bad experience with banks, but in reality banks are more safe than bitcoin and that is what people are saying. With bank, though they can check our records and we cannot be anonymous but our money are well protected.
236  Economy / Economics / Re: Why have Bitcoin instead of cash? on: December 24, 2016, 06:19:42 AM
well i would  suggest u  to 80 percent cash and 20 percent bitcoins .because u never know that when the country of ours will totally ban bitcoins until and unless u have too many bitcoins u cant rely totally on them.kudoos Smiley
This seems to be a nice idea your turning your cash into bitcoin and start growing them into real profit not just profit but also you gaining experience which helps you on your daily living. I don't mind bitcoin will totally banned here in my country
He is thinking for to invest only 20 percent of his money in bitcoin which is really a very low amount to invest in bitcoin he at least need to invest 50% of his money so that he get a good profit from bitcoin and if it got banned in your country then no one can steal your bitcoins from you but it will be with you in your wallet.
20% can be a lot or not much depending in your capital ready for investment, besides if someone feels comfortable investing only 20% of his money in bitcoin that is fine since it is better than not investing at all.

Even if you invest 1% of your money now, it will be dominant in a few decades.

I agree even just 1% it is already big enough as we can see that bitcoin is doing great and keeps on increasing as the day goes by. For me, as long as you are believing this crypto currency then you can invest any amount and any percentage that can make you satisfy. Because that will help already the adoption of bitcoin.

How much money are we talking about?. 1% is too little, and being overconfident
might lead to your loss. bitcoin is increasing right now, but always remember that bitcoin
had drawbacks from the past, being a little cautious is not a bad idea.
It's very important not to focus on the positive side of bitcoin, there's always a time to consider it's weaknesses as well as this is still a very risky investment, when you are entitled for a win you are also for a lose.
237  Economy / Economics / Re: Reason why you should Buy bitcoin now on: December 24, 2016, 06:10:34 AM
Buy now cause bitcoin is future money Cool. Keep it now and hold for a few year and there you got big profit
Now is the time to buy to ride with the price increase, we have to take advantage of the growth of bitcoin as I believe it will continue to rise and we will be making easy money if we will just be taking risk to invest now.
238  Economy / Economics / Re: Spending Bitcoins on: December 24, 2016, 06:02:03 AM
Grin My bitcoin is more valuable than any item sold. So i get the most out of it. I try to buy bulk below wholesale price. Then resell at wholesale and by more btc. Win win. Btc should top $1k Christmas day or before. BTC
You will certainly get it if you can wait, with the rate of the price that is going on now, we can easily hit that amount by the end of the year. But don't get discourage if it will not happen because we still have a profitable year so far.
239  Economy / Economics / Re: Do you Still believe in Fiat? on: December 24, 2016, 05:56:26 AM
No i Dont but i realised we lose trust in the faint because of the banks and government but then i think they are the one who created it for this porpose so they deserve this. we got a better opportunity we got a better technology and a better system its not only about money about about a better and developed community
What are you trying to say dude? What is your reason for not trusting fiat?
 Could you please elaborate so all of us can get your point. I am sorry, I just can't get your thought/idea about what you posted. Please further explain your side. Thanks.

He just said that the fiat money is created by government and banks so they can
gain profits from it etc... and he also said that we have technology to create our own
currency/altcoin.
How are they actually making profit with on the fiat they created, I believe they are not making it as a business but just to be a legal tender where their people can use it and transact legally.
240  Bitcoin / Bitcoin Discussion / Re: is it possible to hack your bitcoin from your wallet? on: December 23, 2016, 08:31:56 AM
Just come it to my mind. is it possible? to get hook into your wallet and send some to another wallet? Undecided

I assume you mean hack into another persons wallet and send it to yours ? That's a really strange question to be asking. No you can't hack someones wallet , it doesnt work like that. You dont hack someone directly you will need to try find a way to get their private key or passwords or F2A verification or some other means.
I don't think he meant that, what I understand on the topic is that is there a possibility that one person can hack into our wallet and change all the information to steal our account or just simply steal our bitcoins.
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