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2521  Economy / Trading Discussion / Re: How do I grow my btc? on: January 22, 2017, 12:57:20 PM
BTC isn't a farm or a plant, and currently there are no bank investments in the bitcoin world, some claimed to operate a similar model and all turned to be scams, I guess the most genuine but I can't say safe method would be trading btc for usd and other cryptocurrencies.
Those people who do not know about trade it is really not safe to start trade and it is sure that they will lose their money in trading there but those people who know well about trade it is a best way of growing bitcoins. But trade in altcoin is something more risky.
yes that is right but i think if a person has no experience and skill in trading still he  can also make bitcoin, if a  person is a good designer or having good management skill like yahoo and lutpin etc then he can also  earn good number of bitcoin. and if a person is at least a good poster he can also earn bitcoin from a signature campaign.


But if you just rely on signature campaigns you won't earn that much as you want. And becoming a signature campaign manager requires some trusts in this forum. If you really want to grow your btc know first where are you good at in the internet. If you have some programming skills you can also use it to earn bitcoin. Just surf the internet and you can find many ways to earn bitcoin based on your skills.
as he said "if a person at least a good poster" means the person have no skills which can give him such advantageous position on offering things and posting is the only thing he can do
it's right that signature campaign won't make your wallet full therefore if someone want to earn so much money whilst still unskilled, better go learn first, it's also making him having more quality

I do not think that if a person will be a good poster at bitcoin forum and its different sections like economics, trade and services and he will not have any skills. It is only those skillful people who understand the situation and they then reply the posts who need help on this forum.
That is hitting the hammer right at the head! To be able to make constructive posts in this forum is a pointer to one's knowledge and skills as one can never give what he/she does not have. Actually posting is not for unskilled people as those are the reason you come across some posts and start to wonder if the poster is actually alright!

Learning is a barrier breaker and no knowledge is waste. Anyone looking to grow his BTC, must have something to offer to the community or they would end up picking dusts from the faucets.
2522  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][Qtum] UTXO based POS Smart Contract Platform|On Coindesk & Bitcoinmagazine on: January 22, 2017, 12:39:13 PM
Qtum Getting popular day by day.I am so excited, looking forward to buy decent amount of Qtum and make some good profits.There will be any chance to earn QTUM Tokens by doing bounties? I've seen all the bounties being paid by bitcoins.That's a good thing bounty haunters won't able to dump this coin.

Waiting for more update from Team, Can't wait to buy QTUM  Cool
You do not need a mirror to see what you got in your hands and a good product always speaks for itself! Qtum is showing the similitude of the next thing to happen in the cryptocurrency world, because it aims to improve the best two, so question of dumping the coin is not in the horizon. We should be warming up to grab the early bird advantage and make something good for ourselves from this coin, before money bags swoops on it.
2523  Economy / Economics / Re: Why the price of Bitcoin change more than traditional currencies? on: January 21, 2017, 03:41:58 PM
i think that the reason is that traditional currencies are under the control of government, therefore they can influence the price of traditional currency, while bitcoin is decentralize currency  and no government have any control on it, it is effected by the demand and supply, if the demand of bitcoin is increasing so the supply decreases which cause the price to increase.
We have seen the Chinese, Japanese, United States of America and now the European Union governments intervening every time their local currency is taking the heat. They usually do that by printing money out of thin air, nothing at all to back them. With so much supply of money in circulation in their countries, their values soon falls and inflation takes center stage. That is the world of the fiat currencies across the globe and the reason financial crisis are remains unabated in the globe.

Interestingly, Bitcoin is limited to only 21 million coins and with no one solely in control of that, it value, a true reflection of demand and supply, it is quickly assuming the role of an answer to our messed up monetary systems.
2524  Economy / Trading Discussion / Re: How do I grow my btc? on: January 21, 2017, 02:59:13 PM
Participating in an ICO is more risky but it can give you good reward, I mean there's possibility that the project where you invested your money will turn into another shit coins and will scam you. I guess your just have to limit the amount you put, we can never know if such project can attract big investors which is vital for the success.
I have just witnessed one ICO that its website has gone offsite, just as its ICO is coming to a close. If the site never shows up again, it simply means the dev have scammed all those that invested their hard earned coin on it. I only participated in the signature campaign, so what I stand to lose would be my just my time. Lesson learnt is to never forget to look before jumping.
2525  Economy / Trading Discussion / Re: Are You Disappointed In Trading? on: January 21, 2017, 02:44:31 PM
For me, I was disappointed that the price of bitcoin dropped by a huge percentage within just one hour of trading. It dropped in every exchange there is. Now the price is really unstable. I wasn't able to sell my bitcoins at the peak price of about $1,150. I could have earned 20% more from my bitcoins. Now I don't know what to do.
This once more highlights the point that trading cannot go without some knowledge and skills. You probably did not realize that Bitcoin was already overpriced even at $1000 and profit taking was the overall market perception at that point in time. All the same,you need not be disappointed, Bitcoin has got good volatility and market would sooner or later retest those levels once again before breaking out and dropping big time. But one thing you must do is to get yourself better equipped, since this is a business you are out to do and every business has its own secret for success - keep digging until you find it.
2526  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Anyone want to buy my XLTH? on: January 21, 2017, 01:57:26 PM
Sadly, your xlth can't be bought since Triswardhani has taken down all websites associated with lithium. He's even deleted his xlth ICO ANN thread...
That is indeed sad, but it is not like no one ever saw the red flags that were up all the while. This development highlights the need to beware of ICOs, especially the ones that shows no commitments with escrows, source codes and adherence to set guidelines. All the same, let's hope this is all due to some technical issues that hopefully would be resolved in no time in the event that @Triswardhani, have grown wings and flew with people's sweat and time, he will get his due reward.  
2527  Bitcoin / Bitcoin Discussion / Re: What happen "if" someone have all of bitcoin? on: January 21, 2017, 01:38:30 PM
I am also of the opinion that this thread should be locked, because the arguments here are pointless and much ado about nothing. The simple fact is that no one can come into possession if the entire 21 million Bitcoin and I don't see anyone aspiring to embark on such a wild goose chase. Let's talk about things and issues that would move the community forward, not rhetoric!
2528  Bitcoin / Bitcoin Discussion / Re: Bitcoin Attraction on: January 21, 2017, 01:25:45 PM
I have no boss or overlord looking down on me and breathing on my neck when I'm turning my money into bitcoins and basically there is no one telling me what I can and can not do, I'm limitless with BTCitcoin.
Yes that is a best feature of bitcoin. Working in bitcoin is just like to work in our own company. In bitcoin we are our own boss. The most special thing in bitcoin is that the money which we earn are not passed through any third party especially through government and we get it directly no matter how many amount we get.
Something isn't right with that line of reasoning! Bitcoin does not provide free lunch, just as none of the fiat currencies does. Your being your own boss is a decision to make and it is regardless of what currency is involved. The exception is that the emergence and adoption of Bitcoin brought with it new job opportunities and innovations to new ways of doing things. Moreover the price of Bitcoin have been quite impressive and just a little of it readily amount to much when exchanged to fiat currencies.
2529  Economy / Speculation / Re: Sell or wait? on: January 21, 2017, 05:44:38 AM
It all depends on your strategy, if you are an investors hold your BTC, the price will still test $1000 soon and even surpass it, but if you are a swing trader you need to know when to cut your loss when the price dropped because some people make their money shorting BTC
And if we're a people very need money now, I suggest you
to borrow it to someone for you. Later when prices bitcoin rise,
sell and pay your loan.

There are two problems I see with the suggestion to loan the coins:
1. you never can tell how long it would be before market retests the $1000 level again;  
2. most loans are never paid back, especially because first problem could not be resolved by amount borrowed, thus creating even more problems.
Your best bet is certainly to hold your coins and keep your ears on the ground.
2530  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: January 21, 2017, 05:05:26 AM
Unlikely, bitcoin is a great technology and currency but bitcoin has limitations like the speed of confirmations, so until that is resolved bitcoin will not reach most people, it will grow in adoption but it is not going to be used by everyone.
The speed of confirmation of Bitcoin transactions is one of the technical threats but I think political and threat of the unknown possess more jinx to its mass adoption. Nevertheless, Bitcoin have proven to be a fighter and survivor and as one country after another is losing their grip and faith on their local currencies, Bitcoin seems the only viable way forward.
2531  Bitcoin / Bitcoin Discussion / Re: Bitcoin Attraction on: January 21, 2017, 04:48:43 AM
 Bitcoin is the best thing that happened to global monetary system:
1. it broke barriers that until now hindered people from some region from having their due share of the sun;
2. it washed the dirty linen of the banks and card companies to the glaring of everyone and now we know they are experts at ripping people off their hard earned money, who could have known transaction fees could be way low;
3. Bitcoin is borderless, the governments that tried to cage it, soon had other thoughts coming;
4. unlocked lots of job opportunities and much more in the offing;
5. Bitcoin is another investment asset, best part is you can become an investor even with pennies;
6. inflation is a cancer eating the fiat currencies, with Bitcoin we are like trees planted by stream that never dries;
7. etc.
2532  Economy / Economics / Re: (SSS) - A Sane and Simple bitcoin Savings plan on: January 20, 2017, 09:08:42 PM
I agree this is a great strategy and am using a variant myself.

However, for newcomers (people buying bitcoin for the first time), I think a slight variation on...

It is important to buy in as soon as possible, because waiting has in general not been a good strategy with bitcoin.

...can be used: The initial investment can be made in steps (dollar-cost average), albeit as quickly as comfortably possible. Of course this is subobtimal in situation like now when we're rallying, but it also protects the psychology of the investor in case of a harsh drop right after the buy-in.


...like a year after the original post was made. Tongue

Anyway, no further doubling of the BTC price occurred after the OP, but we *are*, at least, nearing $1 per mBTC again.
This informative thread has seen no fewer than 3 years, do we have any witness in the house? For me a reason I can't fit into this is that tons of patience is highly needed and so is the discipline to stay focused irrespective of goings-on in the market.
2533  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: January 20, 2017, 05:01:22 PM
probably not, There are still many specific areas untouched internet access, also has no electronic devices like computers even mobile phone.
but I'm sure the user of bitcoin can reach 50% in 2022, as prices will continue to rise and when it also will be more famous.

Good if we really reach that 50% of the population of the world... Coz I didn't see it like that, but probably a 50% increase in the user of bitcoin is possible by 2022. Most probably the reason that you cited is what will hinder the spread of bitcoin... We can't deny the fact that not all men has the same privileged when it comes to new technology and new things...  But who knows, someone invented some sort of a mobile internet and put it on areas not reached by internet providers...  Smiley
A 50% increase in the user base of Bitcoin makes sense and has much likelihood but 50% of the world population taking to bitcoin by 2022, is same as wishing for the stars - day dreaming! Does anyone know the population of oldies across the globe that think technological growth is too fast for their liking or the number that represents people without knowledge or infrastructure that enables access to the internet?

Btw, if 50% of world population is to embrace Bitcoin, the undertone would be that most governments across the globe have said yes to Bitcoin! How possible is that? IMO, I don't see that coming, because they have realized their local currencies would have to take the back seats.
2534  Bitcoin / Bitcoin Discussion / Re: What happen "if" someone have all of bitcoin? on: January 20, 2017, 03:59:51 PM
there is a chance that someone will owned all the coin, but if it monopolized by one person then bitcoin won't have any value, because there is no single transaction using bitcoin and nothing can be controlled since there is no value in the coin, and the exchanger will just exchange other crypto currencies, but to own all of the coin will be a stupid action
One person monopolizing all the Bitcoin there is, that is simply not possible or imaginable. What kind of service would such a person render as to corner everyone's holding? If maybe Satoshi Nakamoto, left something that could steal everyone's coin, which I strongly doubt, then it would ultimately become worthless in his hand, because the true value of the coin is in the number of people solidly behind it.
2535  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: January 20, 2017, 03:57:40 PM
Since the bitcoin is not real money. We cannot buy it thoroughly in our markets. And the fiat  money is a legal money and that is approved by government. Many says that the bitcoin is for criminal why? because bitcoin is not legal for other country. But because bitcoin has a bitcoiners it will continue increasing the graph for bitcoin over fiat, cause bitcoin is easy and I started already it so I will stay with it.
yes bitcoin is not money no doubt about this but i think we also cannot buy real money in market, because you have to earn it. and same is the case about bitcoin, you cannot buy bitcoin, but you can only change your fiat into bitcoin for the same value. and then you can earn bitcoin from trading or from any other services.
I am compelled to ask, what makes the fiat currencies real money that Bitcoin does not have? We call piece of papers money not because they are worth anything but simply because we settle to see and accept them as money. Same way, almost all of us here in this community and many more across the globe have come to see and accept Bitcoin as money. That is all that is needed and you may want to know that Bitcoin parades far more intrinsic values than almost all other forms of money out there.
2536  Other / Archival / Re: Which one is better for bitcoin future? Mass adoption or huge price increase? on: January 20, 2017, 03:48:41 PM
The price of bitcoin is a very important for us and if the bitcoin price will increase we will happy for that and so we cashout some of our bitcoin. Mass adoption also is need but not as much but not better cause its useless if you mean people who have authority I will that not mass adoption. So that for me the better is huge price increase cause all people now who use bitcoin waiting for an exciting huge price increase of bitcoin.
You are obviously putting the cart before the horse by giving huge price increase preeminence over mass adoption. In hindsight, the price of bitcoin was peanuts, compared to what is obtainable this day and you can't miss the fact that the power behind the price increase has been more people getting to adopt Bitcoin as the capitalization also shows. Rest assured if for any reason people's interest in Bitcoin fades someday, the price of Bitcoin would come crashing like mighty waves because it is our collective interest and commitment to it that gives it value.

Again the more the adoption, the scarcer it becomes and by extension the more valuable it becomes. So don't sit down yet, go spread the news about Bitcoin, it is a win win solution for all Bitcoiners.
2537  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Really The Future Of Money? on: January 20, 2017, 03:36:11 PM
I don't think that bitcoin the future of money.
But I consider it to be an investment into the future.
The limited nature of bitcoin and the possibility of nearly anonymous transaction makes it a wanted good.
To be seen as the future of money, bitcoin has too many flaws.
The point is that Bitcoin is a revolution and it has already set the precedence for the future of money. In the event that it did not make it in the future, certainly whichever that does, would be an offshoot of bitcoin. The global monetary system is still batting to come to terms with this dark horse, something that can't ignore even if they wanted to. It is already goodbye to the ways we used to see and think of money and this is just the beginning.
2538  Bitcoin / Bitcoin Discussion / Re: Bitcoin Worldwide! on: January 20, 2017, 03:23:27 PM
Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!

True that many of the countries by now are still blind in the system of bitcoin has. Though in some countries they banned bitcoin, those countries that who banned bitcoin I think 5 years from now they will revoke their laws about it, like what China's did before in bitcoin they banned it but all of a sudden til the present time now China is one of the largest bitcoin mining farm have worldwide.

The reason why countries banned bitcoin it is not so much that they hate bitcoins but the main reason aside from money laundering it is also used in the black market. Illegal activities are rampant using bitcoin and the government thinks that to stop this problem is to ban bitcoin in their country. China on the other hand though they experience tax evasions and money laundering using bitcoin they have found ways how to stop it and continue to do bitcoin business.
That is exactly what the governments wants you to believe - Bitcoin is used for this and that illegal activities and yes, it is, which of the currencies or monetary instruments have never been used for illegal activities? In the case of Bitcoin, the governments are simply clueless what to do with it, because they never saw it coming. So blackmail it became a choice, but the truth be told, the governments are truly scared, Bitcoin is going to undo their local currencies and by extension their powers - nothing short of that!

Imagine for a moment when it is not possible to know the net worth of people you are supposedly ruling or what projects they are channeling their funds to, that is their nightmare and it is a pity they can't help it, because Bitcoin is already revolution.
2539  Bitcoin / Legal / Re: Money laundering via BTC on: January 19, 2017, 01:15:46 PM
Obviously, this is rampant especially because people are doing it online and it is really hard to let them pay for this. If you are using an exchanger site then you are banned I must say that you are already doing the money laundering thingy

There is a difference between money laundering by using exchange and depositing bitcoin on an exchange from jobs. At this days where rich people who wants to money launder and use bitcoin exchange I think won't succeed easily. Exchanges are now clever and probably abiding the law. They are now asking for identification and most probably they might start to ask on what is your source to fund your account or wallet.
They might not be asking for the source of your money right now, because they already got your identification. However should something incriminating turns up tomorrow, they already know where to find you or some good reference points to start with. These things are meant for protecting the society from bad eggs, but often times, they are abused.
2540  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Really The Future Of Money? on: January 19, 2017, 12:52:05 PM
I look forward to the day where i can swipe to pay for goods at my local store with the bitcoin wallet in my phone.

The right time will come, let's be patient and wait for it. The development is continuing but if you are in a hurry, there is always a solution on your needs. Just fund a debit card with your bitcoin and you can swipe on your local stores, however there's a little fee associated with it.
Hopefully that right time will be happening so soon,I just have to earned more in order for me to have my debit card,its not yet enough,still it is debit card using bitcoin still not acceptable in my country.If mass adoption will continue and the demand kept on rising then i can see that it will be the future of money.
As with everything in life, time brings a change and with Bitcoin, we should also remain hopeful that someday, we will turn that corner. Bitcoin is more or less a dark horse and no one gave it half a chance to get all these attention and commitments. Now things might have to move even slower, because of varied interests, but at the end of the day, the consensus is that Bitcoin is a clear example of what and how  we want money to be.
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