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2501  Bitcoin / Bitcoin Discussion / Re: whats the future of crypto? on: June 13, 2017, 05:10:32 AM
We could not find a cryptocoin better than bitcoin.Bitcoin's network has become very big with large number of users nowadays.So,its quite natural that we would face some difficulties in transactions.But still,transaction fee in bitcoin is lower than other payment systems in payments sent from abroad.Segwit has to be implemented to fasten the transactions.

If calculated from the nominal amount of money sent between countries, the cost of charged transaction is not much different, and the transaction fee with small nominal in the country is also still big bitcoin compared with fiat. Actually I do not really care about the fee, I am only comfortable with efficient transactions and no need to visit banks and other protocol matters. This is a good future for the financial world, where everything is easy, transparent and efficient.
2502  Bitcoin / Bitcoin Discussion / Re: Bitcoin may not be number one for long on: June 13, 2017, 05:03:23 AM
Bitcoin will always remain Bitcoin: the first, the original, the best. Ethereum will remain Ethereum, it will never replace Bitcoin.
agree...
bitcoin will remain bitcoin but bitcoin will also gain the best position in this virtual world, already bitcoin is getting legal currency in Japan, hopefully, it will be spread out among the whole world in the future, I think one day, bitcoin will be the number one...


bitcoin virtual currency has become number one and this coin has the potential to continue to be the next virtual money monarch in the future, but to replace the fiat will still be a long debate because indeed the transition will happen will trigger instability fiat. When compared with japan, xrp also has started pair with jpy, so the potential of altcoin to cut bitcoin is also very large. Nothing can survive in this world except innovation and technology development.
2503  Bitcoin / Bitcoin Discussion / Re: Crime funded by bitcoin on: June 13, 2017, 04:38:28 AM
It does seem difficult to prevent this many people who are abusing in the presence of transactions through either use for criminal transactions because with transactions through bitcoin crime it will be very easy to do that and not easy to track too.
Maybe the government is also ready for it by providing internet police where if anyone suspicious through the transaction will be followed up and investigated.

The Government team for cyber crime has already begun to be prepared by all countries, they are just waiting for the passage of the official regulations. Viewing user transactions can actually be monitored through a suspected wallet, but indeed they will not be able to interrogate if the transaction is already using bitcoin mixer service. This is indeed a problem that has no solution.
2504  Economy / Gambling discussion / Re: Is it a sin to gamble? on: June 08, 2017, 05:36:36 PM
If you are a addicted to gamble, if your addiction destroys yourself, if your family is affected by your addiction, if you are frustrated about your addiction then definitely gambling is a sin.. Every negative addiction is a sin..
So it depends on your level of addiction identify that whether it is sin or not...

Actually the level of gambling addiction can ultimately be controlled by getting positive feedback if well thought out, most gamblers get discouraged into the hole so the definition of gambling is a very wide open crime, there is a fine line between fun and addiction.

If in the real life of pleasure culminating in the imposition of a very bad desire can be neutralized on the basis of religion, in gambling also applies equally in more logical way, there needs to be a real understanding to make changes in every error in gambling so that gambling is able to generate positive feelings .
2505  Bitcoin / Bitcoin Discussion / Re: What are your thoughts for Bitcoin in 2017? on: June 08, 2017, 05:26:32 PM
I think Bitcoin will show massive rates of growth and will prosperous in the year of 2017.I think the price of Bitcoin will be something close to four thousand dollars or more by the start of the next year.
i believe that bitcoin will be very big in its value more and more years to come. I think in dec it will reach as $5000 , in that case i will do as much that I could to have a bitcoin and i will invest it, i will hold it until the price goes up and and up like what i have been thinking and hoping. i hope that i could have btc this year it will be a big help.

The bitcoin price you write is fantastic, if you see bitcoin rising a few weeks ago, it's not a major benchmark because in every major move there's a positive impact on the use of negative issues like hardfork and so on, even I find difficult predictable in bitcoin can at $ 4000 later this year. But I'm responding to the numbers you mentioned can be maximal happening by the end of next year because russia has been spreading the issue about the use of bitcoin on a large scale like japan.
2506  Economy / Economics / Re: Bitcoin or gold? on: June 08, 2017, 05:57:01 AM
Gold in a heartbeat! Gold has been around for millions of years and it is also considered to be non-renewable. We all know that bitcoin prices consistently increases overtime but the value of gold in the future will dominate bitcoin.

You may have forgotten that bitcoin has a double role as a virtual world asset and currency, it is not owned by gold even though both are equally limited. At whatever price of gold in the future, from the level of volatility trading bitcoin prices will be 10x higher than gold. We need to distinguish this using market logic.
2507  Economy / Economics / Re: Bitcoin reduces unemployment on: June 08, 2017, 05:51:24 AM
It will greatly reduce unemployment rate and also provide extra income to those who already have jobs. But this process will take ample amount of time and that is why having a job is a lot faster in gaining income. Then again, it also varies from one individual and another and it also requires great amount of patience and discipline to see results.

All things require a process unless we already have the same basis of the main job, such as analysis of trading charts, or journalists/bloggers, they will not bother to adapt to bitcoin may even be able to retire from their main job as soon as possible. It is also very useful for unemployed people who have hobby about digital world, bitcoin is the right medium to channel their talent into an income like writing in a signature campaign.
2508  Economy / Gambling discussion / Re: What is better? To gamble or to invest? on: June 08, 2017, 05:44:36 AM
Obviously, it's better to invest as you are gaining progress as time goes by as you have chosen an investment which has a huge potential. Unlike in gambling, you can't make progess as time goes by as you can only earn in gambling if you're fortunate otherwise you'll just lose.

Everyone is a loser when it comes to gamble. It is a fact that everyone need to swallow. Some may think of it as a way to have some fun but it is not. If you have to choose between gamble and invest then the answer would be obvious that it is invest however dont forget that both has risk that we should be aware of

Gamblers are also a profession, you don't keep hooking gambles with losers or hobbies and other dumb things because it will lead to yourself. Gamblers have rules and management in managing their profits, this does not apply to amateur gamblers who always complain. In this case, gamblers who use bitcoin always keep a profit in their wallet so they also invest it automatically. So this is a matter of continuity that is connected.
2509  Bitcoin / Bitcoin Discussion / Re: Are you using low fees? on: June 08, 2017, 05:36:30 AM
Yesterday i sent the bitcoins with 100 sat / kb transaction and used viabtc accelerator and withing some time my transaction got confirmed so it is clear that if you use this way then you dont have to pay high transaction fees.

I do not even care about the transaction fee, I keep using standard fees and wait for confirmation in no hurry. As long as the transaction is not void and still processed smoothly no problem. But thanks for you because I found out new about this btc accelerator.
2510  Bitcoin / Bitcoin Discussion / Re: Crime funded by bitcoin on: June 08, 2017, 05:30:42 AM
Yes it is possible but crime is also funded by paper money so dont blame the bitcoin for all those internet crimes.Although we know that bitcoin is a big part in the different crime sites like silkroad because of the anonymity that you can get from it.But still,there lots of crimes that actually happened before bitcoin was intruduced.

Bitcoin has a sharper side where there are no regulatory rules governing the prevention and prosecution of bitcoin crime cases. This gap can't be monitored by the government so that the circulation of criminal businesses using bitcoin can't be beaten by global law. This is a serious problem but not binding on everyone because it is only done by a certain person.
2511  Bitcoin / Bitcoin Discussion / Re: How many people are asking you about Bitcoin now? on: June 08, 2017, 05:24:21 AM
Although long bitcoin was created but still not many know about bitcoin, maybe because i live in small village so many do not know about bitcoin, maybe i just know bitcoin in my village

After mass cyber attack on the medical services company in the last month and demanded bitcoin for 300$. from that time many people are asking me about the bitcoin in my work location and my brother is also asking me about it. I just explained to my brother alone about the usage and potential of bitcoins.

yes that's true, because of that attack of ransomware my friends also ask me what is a bitcoin and why is that's bitcoin is mode of payment for ransomware worm and I just told them just watch youtube and search bitcoin because I already told them a long time and they didn't listen to me or not interested in bitcoin, but now they are interested because I earn bitcoin here in bitcointalk and they want to earn to.

Many people ask me about bitcoin not just from ransomware factor, they tend to remain afraid to get involved because they consider this is a coin for criminals. But months later they were very surprised to see very high bitcoin prices and the state didn't forbid the use of bitcoin even though it was not regulated.

I explained to them that bitcoin is a very safe and promising money for the millennium generation.
2512  Economy / Economics / Re: Can Bitcoin also lead to corruption ? on: June 07, 2017, 01:39:17 AM
No matter how much corruption invests, if the government begins to take action by freezing bitcoin exchanger in that country and intimidating transaction access to the suspect's bank account. I think it's a pretty serious technical problem. We can see from what the China government did in the past.
2513  Economy / Economics / Re: Nobody Can Have Benefit From a Big Pump on: June 07, 2017, 01:29:01 AM
If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.

Do you agree with this?

I didn't know what will happen, but I think it can be a possibility. I think they will be waiting for hours or maybe days before they can allow someone to sell it. But, if you can't sell it, maybe you can convert it. I am using a coins.ph wallet where we can convert bitcoin into fiat in a second, so I think if they did not allow me to do a cash out, I will be converting that bitcoin into fiat. And after a dump, I will be converting it again to bitcoin.

market will not prevent any transactions if there are no serious internal problems, so there's no prohibition if large pumps occur within a certain time range, this is called liquidity. We can monitor trends and charts regularly every day, so do not wait to see when whales make the most of the trend, and we can benefit from whatever happens.
2514  Bitcoin / Bitcoin Discussion / Re: What's going on? Bitcoin for the rich only? on: June 07, 2017, 01:22:29 AM
Hi,

Even just a year ago bitcoin was useable... now the fees are about 10x what the banks charge. Seems like its changing from a peer-to-peer money system for everyone into yet another convenient way for rich people to exchange funds!

What went wrong> And more to the point, who is responsible? What can be done to fix it?
Thanks
Andy

Uncontrolled transaction levels cause each user to want to be at the forefront of their queued transactions in the order of the masses, the more frequent transaction costs are often used by that person so the benchmark cost for each miner gets higher, the miners will become More greedy determining the transaction fee, I think this is a problem with the bitcoin system. But many users do not care about it.

I just think if these costs are not set well, one day the system will become out of control.
2515  Bitcoin / Bitcoin Discussion / Re: Bitcoin Regulation on: June 07, 2017, 01:07:59 AM
I think politically where the power of the world is currently centered in America and Russia, if one or both of these states organize bitcoin, automatically all countries will do the same. I was a little disappointed with the SEC attitude in March, but I believe the bitcoin road is still bright because the attitude of Russian government is very positive towards the end of this year. I think next year is the beginning of bitcoin glory at the door of world economic regulation.

There should be an initiative like the Japan govt to make other countries aware of bitcoin.
2516  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CrowdSale Live]🌟🌟🌟🌟 NVO Decentralized Exchange | Multi Wallet 🌟🌟🌟🌟 on: June 07, 2017, 12:59:27 AM
You say it is possible to use electrum as a wallet. What I don't understand is: can the electrum wallet recieve the tokens? I would say it couldn't since it only handles bitcoin. Could you explain more on this?

To my knowledge, electrum can accept LTC with different forks, but this wallet cannot accommodate eth.
We should use the eth wallet we normally use for this token and try to maximize it.
2517  Bitcoin / Bitcoin Discussion / Re: Buying Drugs with Bitcoin ? on: June 01, 2017, 05:39:51 AM
Bitcoin develops like cancer, continues to grow and can't be regulated by anyone, every month on my national tv there is always news about drug transactions using bitcoin, even the wearer is from the artist and businessmen, but still the government doesn't prohibit the use of bitcoin. I feel that the bitcoin line-drug transaction path through the dark road can't be watched frontally, but can be investigated through the transport bureau of the sender. Here the supervision comes into force and gets tighter in the future.
2518  Economy / Gambling discussion / Re: Why is gambling so addicting? on: June 01, 2017, 05:31:11 AM
Big gambling in a casino or a well-known gambling site always provides perfect promotion with full entertaining concept where we can gamble as well as vacation, when vacation how big budget we count from the beginning will not have any effect when we get pleasure, this is the concept played by gambling company.

In online gambling also always provide attractive promotions about purchasing cheap discounts even up to 70 $ each week, and even give away a lot of free coins through the freeroll weekly. Gambling has so far delivered the joy of drugs and this is what causes us to become addicted and drowned in dreams and comfort.
2519  Economy / Economics / Re: Tell me your predictions about Bitcoin on: June 01, 2017, 05:12:11 AM
Just normal problems bitcoins has been facing all through this years,i will bet you already know that,its the super slow transactions(sometimes) and some huge fees that may get higher than the amount you transacted(in some instances)

As we know that 2mb of segwit will be launched in september this year, so this problem will be automatically solved. For the problem of expensive transaction fee I think it's a reasonable thing and because it includes two factors : panic factor and flood in mempool, this factor is indeed the reason for bitcoin movement in determining the price in the market, but will change better over time .

I further believe that price movements are more dominantly determined from market games and they (whales) are constantly targeting rumors and issues as part of long-term gains. But from the economic side they try to keep making bitcoin existing and irreplaceable.
2520  Economy / Economics / Re: Bitcoin reduces unemployment on: June 01, 2017, 05:03:19 AM
I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world

What is your opinion this time?
I do not think bitcoin can reduce unemployment directly, however any new technology creates new business opportunities and new jobs that can create new wealth for the people but at the same time new and more efficient technology can destroy many jobs, just look at Kodak, now that everyones has a camera that can take a number of pictures that is almost unlimited no one needs Kodak.
As long as bitcoin is offering some jobs like freelance or something like that then it is actually reducing the number of unemployment because of the easy or convenient job online and to be honest, you can earn more money in bitcoin rather than in the usual job that you can get in the real world.

In fact, bitcoin offers job opportunities that everyone can be in, this is not a real-world job in which everyone competes only for a limited position.

If the issue of kodak above becomes a reference, all things retro technology that will be replaced by technological innovation, many brands other than kodak that do not give up and compete to make smartphone products and other booming things. The connection with bitcoin is that they easily engage in bitcoin if they lose their primary job, this is an opportunity that is not owned by conventional company.
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