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241  Bitcoin / Bitcoin Discussion / Re: Getting porn sites to accept bitcoin on: December 23, 2016, 08:26:25 AM
I think more and more of the bigger and better porn sites will start using bitcoins as a form of transactions since ita quick money thst transfers fast and let's people spend it on all sorts of subscriptions. Adding a bonus for using bitcoin might be a nice touch as well.


They don't need to do add some bonus, they are not promoting any of their service as they know porn is one of the biggest industry worldwide. By just simply accepting and adopting payment through bitcoins is already a bonus to those people who are using their services and doesn't want to get traced by the wives.  Grin
Normally, a married man does not use the premium porn service, they have their wives to cure their lust. lol. But still there are people who loves to watch hot girls and these people are having a decease that cannot be cured easily, and good thing bitcoin is here to help them in their hobby.
242  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: December 23, 2016, 08:20:33 AM
Never, but damn the price of Bitcoin looking good. Breaking 900 some places as of late. We haven't seen this type of price in years.
For sure we'll hit $1,000 with the rate it is moving, dollar will always be there and I guess what is happening with bitcoin right now would mean that some currencies are weakening it's value, bitcoin is going to move upwards as people are supporting it but it's only good for an investment.
243  Economy / Economics / Re: How many Bitcoin do you have saved? on: December 23, 2016, 08:15:11 AM
I just have 0.30 BTC. I hope i could increase it up to 0.50 BTC by investing it in trading. I have saved my BTC in electrum wallet and i feel secured.
You can always grow that amount, the best thing you can do without risk is to work and earn bitcoins. Trading is very risky, there are two outcome, you can succeed or your can lose. So think wisely, if you want to grow your money, it does not matter if it's slowly as long as you are doing it surely.
244  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: December 23, 2016, 08:08:08 AM
it is best idea because the newcomers in Bitcoin always need to make the buy and sell simple and easy , for this Bitcoin bank will prove good .
Secondly I think the idea of  Bitcoin bank will make Bitcoin more legalised .
How can it be the best idea for Newbies? When Bitcoin Wallets itself proved that it is safe to hold your money there. And the idea that Bitcoin will be more legalized because they are banks for them is wrong. Because if it is illegal Banks won't accept it in the first place as for following rules and laws of their country. Also Banks don't buy and sell your currency they hold it and loan it out.
When thinking of bitcoin bank, it is clearly different with banking system in real life where fiat is what we are using, big difference is bitcoin is an anonymous platform but banks are transparent and they required depositors to comply with that is government laws like the KYC and to comply with ALMA.
245  Economy / Economics / Re: I have 12 BTC in my Account, How should I invest this?? on: December 23, 2016, 08:03:31 AM
   I would keep them, and how price is rising this days that would be great idea. Why to risk coins if there is chance to be a millionaire in future and you dont need to do nothing, just sit and wait.
   Bitcoin is now 900 $, its just amazing what a jump in just one day, in this kind of moments I wish I have just couple whole bitcoins and to just sit, relax and watch them growing.
With 12 BTC, one can be a millionaire if he has a patience, the real purpose why we invest with bitcoin is to simply be profitable and although there's a lot of investment online that involves bigger risk as well, but holding your bitcoins always minimizes the risk and might give you move profit.
246  Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC? on: December 23, 2016, 07:56:13 AM
I suggest investing in a bitcoin lending site such as btcjam, this is because in btcjam we can get up to 5% interest per month.

Lending sites sometimes can be waste of time. Some people there tend to scam the lenders.
So always make sure that you lend money to the trusted ones like in the B class and higher.
They will not scam you if you will not allow them, you are making the decision whether you will lend them money or not, so it's your job to conduct proper investigation of a person you are planning to lend money, you have all the rights and it's your job to manage the risk.
247  Bitcoin / Bitcoin Discussion / Re: How many people use/hold bitcoin in 2016 on: December 23, 2016, 07:50:49 AM
Maybe there is a way to find out, but I guess it would take time to make a program or something that can measure the bitcoin network, for us to know how many people are already using bitcoin all over the world. If I am going to estimate the people who are using bitcoin, I guess it would be over millions, because right now, only people who have open minded are using bitcoin right now, others are just ignoring it over fiat.

by measuring bitcoin network which is the blockchain, you can not ever figure out how many people are using bitcoin. the only thing you can see are the transactions and with lots of analysis you may find out how many addresses have been used but never how many people.
Yeah, it's true. We can only figure out how many people using bitcoin when we are using bitcoin transparently, meaning we will not enjoy being anonymous anymore and we have to comply the KYC like the banks are doing.
248  Bitcoin / Bitcoin Discussion / Re: advantages of bitcoin on: December 23, 2016, 07:47:40 AM
The advantage of bitcoin for me was I think the transaction fees is very low, And through online bitcoin can be use too. It is also very affordable, convenient to anyone who will get involve here in bitcoin world. Lastly, Bitcoin is one of the kind of opportunity to anyone that can help people or individual to have an extra income.
It's best advantage is seen when viewing it as a currency, having an income is just a bonus of using bitcoin but in reality, it really help us to transact anonymous online and be able to enjoy what our bitcoins with different entertainment online.
249  Bitcoin / Bitcoin Discussion / Re: Is CHINA CONTROLLING Bitcoin? on: December 23, 2016, 07:42:54 AM
Chinese people does contribute effect on bitcoin price but in controlling bitcoin i think its impossible to happen as you said the one who controls bitcoin is Us. 
What the OP meant is not literally controlling bitcoin, he think chinese people are the biggest holders of bitcoin as big mining business are in china. They are not controlling but if they are big bag holders, they can manipulate the price of bitcoin.
250  Economy / Economics / Re: Spending Bitcoins on: December 23, 2016, 07:40:34 AM
Spending them right now is not smart at all, I would wait on a higher amount and than just cash them out for your currency and than buy stuff with it, most likely way more profitable.

You're right, presently the price of bitcoin continue to rise passing the $900 level. Many predicts that the acceleration will continue next year and might break the $1K level. It better to hold the bitcoin for some more weeks before cashing it out. But we must always on the guard for possible price correction.
I predicted that the price will rise up to $1,000 this year and I still not losing that hope yet, I believe there are still time before this year will end and it's possible it will rise to that big price since the price increase abruptly.
251  Bitcoin / Bitcoin Discussion / Re: How to explain bitcoin to teenagers or children on: December 23, 2016, 07:26:22 AM
I think this easy, teenagers or children must have sophisticated gadgets, we recommend this forum then they will learn a lot about bitcoin. Perhaps we initially you know, then let them read a lot and ask if they don't understand.
That could work bu only if they were very enthusiastic about bitcoin already and if they were that excited about bitcoin then they should already have found the forum by now, so I don't think it is a good idea.

and it will depend on how interested they are to comprehend and learn about bitcoin, I think most of them will eventually found bitcoin very complex and they do not have enough capability to understand the characteristic and systems of cryptocurrency or bitcoin . and you are right mate if they are enthusiastic and a tech geek or just a fonder they may have the advantage to easily understand all your explanation and will explore through this forum by themselves .
Kids would not be very attentive with learning about bitcoin, simply because bitcoin is not for kids. It's a very complicated system, if a matured person has been a having a hard time to understand it so how much more kids.
252  Economy / Economics / Re: Bitcoin worth to you or not... on: December 23, 2016, 07:17:35 AM
Bitcoin is really worthy, we can make a profit just by investing. That is the advantage from real currencies. Fiat has a fixed value so it is not capable to grow alone. But I am not saying that real currency is not important, it is worthy as bitcoin too indeed just in other ways.

Yes we should not forget that fiat plays an important role in the world . A currency can be a mirror of the economic status of the certain country . Plus we determine the value of Bitcoin through it . It's just that the nature of bitcoin gives us some advantages in life that makes it worth it  like the limited supply that leads to its volatility and the fact that no one controls it but the users itself .

Bitcoin now is my only way to get at least some money, with this rank I am making like 100 € per month and it's not bad in my situation when there is no other work.

Do you trade the bitcoin or just save it?
Normally when you earn because you are working, you can just easily convert it to fiat to spend the money on your real needs and wants in life. I do earn as well but I make it a point that I have to allocate a certain amount for my future, and I do it by simply saving my bitcoin and hold it longer.
That's a great decision, Saving more bitcoin and holding it for a long term is a great move for a wise bitcoin user because we can see the effect of long term in terms of bitcoin's price. If you buy bitcoin for a cheap price and you are holding it until now then you can see that you already earn a lot of money, that is how long term is the best for bitcoin especially for those savers or holders Grin.

Saving the bitcoins at this time of continued price increase may benefit you more because of its high value against the dollars. The more bitcoin price accelerates, the more you earn. The value of bitcoin today is already doubled compared to its value last year.
That method should be done by the believers, it's not easy to hold in the future but with a good trust we will be able to do it. The good thing is you will be able to take advantage on the continuous price increase and even if it will fall in the future, it's still good to hold still as the price will eventually rise.
253  Bitcoin / Bitcoin Discussion / Re: Is there new people coming to Bitcoin? on: December 22, 2016, 03:43:29 AM
there is about 1000 people starting using bitcoin every freakin week
so it will raise to the top and most expensive currncey

And where did you get this number? I dont think it is that way high for the newcomers. Truly there will almost be someone everyday but not that many. Although it is slow it will good specially for old timers to get some more before it will be revealed to more people.
Even if that is true a thousand people can't make any effect on the price of Bitcoin. 1000 people cannot influence the price to go up to make Bitcoin the most expensive currency. Don't be to optimistic that it is always a battle of how many people join it always depend on supply and demand.
The amount of bitcoin they are spending would help to increase the circulation and the demand of bitcoins, if this people will just come in and spend like BTC0.01 one time, then it would not really help. Only those who patronize and use it regularly would help bitcoin grow.
254  Bitcoin / Bitcoin Discussion / Re: Buying Drugs with Bitcoin ? on: December 22, 2016, 03:37:12 AM
It was an old time functional of bitcoin. Now peoples who use this crypto currency is doing right things for this new era currency.
So stop making bitcoin ilegal.
I wish people listen, but when you are into an illegal activities and that is your way of living, you would be very thankful with bitcoin as it will help you continue your business without getting caught and at the same time you will be able to increase your profit.
255  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: December 22, 2016, 03:33:18 AM
Yes bitcoins will be used  by almost everyone in the world .and u l see eventually that the face of banks are changing a lot .well it is likely to happen that there will be no banks at all in the near future.
It's not going to happen, it could be an abrupt progress if we see that, imagine how small are we, we are 1% in the total population and now in year 2022, everyone will be using bitcoin? What are we smoking right now there? not possible.
256  Bitcoin / Bitcoin Discussion / Re: Getting porn sites to accept bitcoin on: December 22, 2016, 03:29:49 AM
Some of them are already doing it so that is goods, more will follow anytime soon for sure, just a matter of time.
It's the new trend I guess, for the porn operators, it will help them improve their market as more people will be attracted with the additional payment features that porn site will be putting, with bitcoin you can transact 24 hours a day, so more fun with that.
257  Bitcoin / Bitcoin Discussion / Re: How many people use/hold bitcoin in 2016 on: December 22, 2016, 03:21:05 AM
Well i think there are 10 million costumers in the bitcoin world .maybe it is more than that .the more the users of bitcoins the more will be its price in bitcoins .
I respect your opinion with the number of users as your estimate, but I would like to correct something. It's not called customers but as a users, it's not a business that one is operating, it's decentralize so we all own bitcoin.
258  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be replaced by another cryptocurrency? on: December 22, 2016, 03:16:33 AM
Theres a possibility. But theres only thiner chance to be bappen. It also takes time. I mean, look at the price. Is there any altcoin which is  the price is closest to price of bitcoin? I think may take many years to happen. But theres a lot of altcoin out there has a lot of potential. But some of them are just hype.

But the price of bitcoin would not really be any problem to be potentially displaced by some other emerging altcoin, since it is well known that the price always have a high margin of subjectivity and speculation that might be immediately sent to the ground as we have seen in many other sadly famous coins, which makes the investment in most altcoins a simple scheme of pump and dump.
Bitcoin is always better than altcoins, the price says it all, and without bitcoin altcoins would not be popular and what more if bitcoin will die. I don't know what will happen in the future but as long as bitcoin is very progressive, I do not see it being replace by other currency.
259  Bitcoin / Bitcoin Discussion / Re: If no one spends bitcoin what might happen? on: December 22, 2016, 02:57:26 AM
This would cause a big bubble, if no one spends or use their bitcoin, soo a single person could manipulate bitcoin, a panic seller would show off and make bitcoin dump under 400 very fast, this is something i doubt will happen, since we all do have a big interest into our bitcoins, and we always searching some place to invest those coins.
but i think it is not so easy, we can see that the bitcoin users are increasing from time to time, therefore bitcoin is not going to fell down, instead we can expect that the price of bitcoin will increase from time to time.
I always like to see that happen all the time, I guess our effort have already paid or paying us with the increasing price of bitcoin now. That is the result of the continuous circulation of bitcoin and with the topic, I guess it will not happen soon.
260  Economy / Economics / Re: Do you Still believe in Fiat? on: December 22, 2016, 02:48:34 AM
Fiat is still we need, this is to avoid speculation. Of course we will be confused if the price is always changing. The government must use fiat money to make stabil economic.

Of course we need it without the fiat we will have indeed no stable economy and it can than even collapse for sure.
We are too confident with bitcoin that comes to the point that we are ask if we still believe in fiat, lol.. It's non sense guys, we cannot say we do not believe in fiat when we are still using it for our daily lives.
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