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261  Economy / Economics / Re: Bitcoin or gold? on: January 04, 2018, 06:46:11 PM
Bitcoin is better than gold, because we can easilly access bitcoin as long as we have connection and we can earn salary weekly by joining campaign. In gold, we cannot buy it if we don't have enough money.
The difference between Bitcoin and Gold is that it grows predictably. We know exactly what the growth rates are today, tomorrow and in 20 years. Gold is not the case - it depends on discoveries of gold deposits. In recent years, its price has been fairly stable, but we have witnessed large jumps that have had a huge impact on the economy and shook the markets.
262  Economy / Economics / Re: The future of the paper money on: January 04, 2018, 06:41:13 PM
paper money will be lost? very far from the expectation of a possibility if the paper material has begun to run out of digital currency technology may be applied around the world.
The future shift to fully electronic money changes somewhat its nature of paper money. Paper money is already becoming information itself, which is  useless.e-money is the first step towards creating a world currency.
263  Economy / Economics / Re: Are electric cars bad for the oil industry? on: January 04, 2018, 03:21:54 PM
electric vehicles are very good, in the future Business competition will be won by electric vehicles, and of course, this has a very bad impact on the oil industry, but oil will still be in great need of mankind, so the oil industry will continue to survive...
The development of electric vehicles  will collapse the price of oil.70% of oil is used for transport purposes. That is why, in the long run, the electric car revolution will affect the trade in raw materials so seriously.
264  Bitcoin / Bitcoin Discussion / Re: Why should people use Bitcoin? on: January 04, 2018, 03:08:44 PM
you do not need to trust a third party, only understand the system, decentralized, people's currency, POW, no borders, deflationary, fits in your phone, secure, semi-private, cheaper than traditional value exchange.  Plus its just cool
Well we dont need to force people used bitcoin because we know that if people would understand how bitcoin works people would use anytime they want. So if people would used bitcoin it would be a reason for them that they don't  need to get other ways to find money just in here at bitcoin and no need also to have a loan in any banks or corporate. And if people use bitcoin they will be in the right path for the future.
To stay compatible with each other, all users must use software created and operating under the same rules. Bitcoin can work only with full consensus among all users and therefore, users and developers have strong incentives to accept and protect this consensus
265  Economy / Economics / Re: What you think about bitcoin and other cryptos in 2018 on: January 02, 2018, 10:48:13 AM
Hi everyone, so what's your thoughts ?

I think cryptos  will have a huge gain this 3018. It will be having a huge adoption in masses and more publicity regarding cryptos. Many coins will be gaining more potential because of integrating it in many companies. I see it as adopting to future. I hope that these company will not stop developing these kind of innovation and make a better world for us  Grin . Even though many were disbelieving the technology and innovation behind cryptos I still believe that this will be the future. A currency that we can have control and freedom over it. And lastly I hope that Bitcoin will be considered as a real and legit currency and not only as a money making machine.
Bitcoin will reach and exceed $ 100,000 in 2018. The  big  growth of cryptos will continue - it will grow faster as it becomes more and more widely used The development of the bitcoin starts  futures contracts for the cryptocurrency, which is a huge step in legitimizing virtual money.
266  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not Money, is Faith on: December 31, 2017, 10:53:55 AM
We should believe in Bitcoin as a breakthrough in technology instead of believing in it because of how its price rises.
There are different ways to make money with Bitcoin, such as mining, speculation, or starting a new business.  Everyone has to make an accurate estimate of the costs and risks associated with these projects.of course, all this can not be done without faith
267  Economy / Economics / Re: Beside Cryptocurrenices where would you invest? on: December 30, 2017, 09:51:18 AM
Some time ago I invested in gold and raised decent money but with cryptocurrencies of course income can`t be compared, because here in a few minutes you can double your contribution, and with gold this will not works. From beginning I was training on trading, there was a time when I didnt understand anything and poured all the money, but then after some time when experience was more than it started to earn and was able to repel what was poured out at the beginning. You can also invest in real estate, I didnt try it, but acquaintances already are engaged in this for a long time and sort of like successfully.

You can leverage your earnings with gold too. You can look into gold futures and options if you are not quite happy with plain gold. Bitcoin as well as other coins have been able to offer quite hefty profit opportunities recently, but once the market is saturated, they will be gone. It may take years or it may happen tomorrow but we will get there eventually.

Investing in solid companies in the stock market is also a relatively safe approach especially for larger amounts.

You can live off dividends but you should invest huge amounts of money in the stock of these companies to make these investments pay off.
Investing in metals in general and gold in particular, of course, has its advantages. First of all, fluctuations in its value are rather small compared to other investment objects: currency, oil, securities, etc.
268  Economy / Economics / Re: Is it better to save money or invest it? on: December 30, 2017, 08:43:03 AM
Saving money just like that does not make any sense in the current economic context. Most of the time the low risk investments give less returns that the inflation and is like trying to fill a glass with a hole in the bottom.
That is why we have to take the risk, investing in bitcoin and in the entire crypto market is a big risk taking action but we can definitely earn
greater reward if we are wise enough. Saving is good but investing is a way to grow your money fast, take the risk if you believe in yourself you will be successful.
Everyone could be interested, but only the real purchase would give a real motivation for serious and profound knowledge of the currency and comfort of its use. It is enough to buy even one bitcoin (even half and a quarter would do the job) to create knowledge and skills that will pay off in the long run.
269  Bitcoin / Bitcoin Discussion / Re: Does Social Media Influence bitcoin growth? on: December 29, 2017, 02:04:18 PM
Yep! Social media is a great tool for digital marketing. And by advertising bitcoins you make more people invest in it, so in that way it has influence on bitcoin growth  Smiley

And that's what makes bitcoin more dominant over the past few years because of advertising via social media. It invites more and more investors to come in and invest that is why bitcoin's price is getting very high that it reaches 20,000$ lately.
Undoubtedly, the greatest achievement of 21st century is the emergence of the Internet. Almost all over the world is communicating "on the net" around the clock.The social network is a social structure of nodes (mostly individuals or organizations) linked to specific types of nodes such as ideas, views, financial benefits, friendship, traditions, hyperlinks and others.This helps growth on bitcoin
270  Economy / Speculation / Re: Why bitcoin so expensive? on: December 29, 2017, 09:15:58 AM
Bitcoin is so expensive if it will be converted to my country's currency it will cost hundred of thousands.
Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.

Supply and demand is the most normal factor that makes the bitcoin price to flow.
Bitcoin and other similar means of payment are building an ever larger ecosystem in which they can operate legally and serve as exchange units. The more transactions there is a cryptocurrency, the higher its cost becomes.
271  Bitcoin / Bitcoin Discussion / Re: How the future of bitcoin will look like on: December 28, 2017, 03:18:47 PM
I think the future of bitcoin is going to be have a many demands from traders. Because of the demands, the bitcoin price will going increase.
It is good for bitcoin holders. The price may decrease sometime, but it will increase more. Thats what i think
When banks co-operate in the gradual impoverishment of people who transfer financial risk entirely to their customers and pulling out money for all sorts of  "services" (such as "Account maintenance" and even dozens of similar ones), people are looking for ways to escape from there.Cryptocurrency and bitcoin technologies are a step in that direction. They will  develop their enormous potential and mature for mass use.
272  Economy / Economics / Re: Regulating Bitcoin on: December 25, 2017, 02:16:21 PM
I think the government will benefit a lot if the regulation on bitcoin transactions is enforced, but for now I think the government has not been able to create it even in some bitcoin countries began to be blocked as it threatens the country's economic stability.

No, it's not like that. It's going to be a hell to us bitcoin users if the government is going to regulate bitcoin. they could tax this as much as they want or they could force people to pay in every transaction they made or probably doubling their tax paying your capital gains in bitcoin and at the same time you are paying your regular tax

I support this stance. Governments don't necessarily need to outright ban bitcoin. They could just regulate or tax it to death making it prohibitively expensive and risky to use for almost anyone. If the whole world of governments declares a crusade against bitcoin, we will have hard times. Cryptocurrencies won't go away, but if they are universally outlawed around the world, this will be a dead end for us. Prices will crash.
Regularization is good for both, the government and the people because those who do not believer in bitcoin and they think it is a scam or bubble which can be burst anytime will start believing in bitcoin, because when there is government involve the trust will be built automatically.

Then the price and value of bitcoin will grow more than that of the present. I will warmly welcome this stance if the governments of all the countries announce bitcoin as their legal and regular currency.
In fact, traditional centralized organizations like banks, governments, regulators, and technology giants spend billions to find out how to use and control these technologies
273  Economy / Economics / Re: What would benefit bitcoin more? on: December 25, 2017, 08:18:24 AM
Advertising for sure will bring both good and bad news but it's all part of the publicity stunt, and it does not matter whether it's good or bad advertising because the people needs to have knowledge on both sides of the coin. We have to accept both its flaws and beauty.
Trends in the distribution and development of the virtual currency outline the need to coordinate the actions of national regulators at the international level. Bitcoin deals are done globally, not knowing boundaries and legal barriers. For this reason, the need to find an international solution for them becomes more and more urgent.
274  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi Nakamoto? on: December 24, 2017, 11:05:46 AM
Until now we have not known who the founders of bitcoins are. Perhaps he is hiding because of a big risk to identify because he is sure to be jailed or even killed. We know that many people are interested in Bitcoins, And of course they are interested in the huge money they can get if they find Satoshi Nakamoto.
The creator of BitCoin is called Satoshi Nakamoto. At least that's the name behind the Cripp's currency. It is quite possible that this is not a person but a group of people. To this point no one has assumes responsibility , and speculation is of any kind, including his alleged discovery a few months ago
275  Economy / Economics / Re: How do you see the bitcoin economy 10 years from now? on: December 23, 2017, 07:33:34 PM
Bitcoin is getting day after day bigger and bigger. Nothing can stop Bitcoin and in 10 years it will be very expensive.
It is highly likely that bitcoin will increase its value over 40-50 times over the next decade. We are currently in the expansive phase of development, where the number of new crypto currency, information and complexity in the sphere are growing at a huge pace.
276  Economy / Speculation / Re: what you think about bitcoin in like 5 years? on: December 23, 2017, 09:42:21 AM
bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much
well....... maybe in 5 years more to pass maybe we are all be rich no body knows what will be the future will become thats why i have to earn and earn until i will gain the highest price ever.
the cost of a bitcoin could reach $ 500,000 over the next three years.  The fairy tales that a bitcoin is a balloon are absurd. Bitcoin is as revolutionary a decision as the discovery of agriculture by mankind
277  Bitcoin / Bitcoin Discussion / Re: what are the benefits of bitcoin? on: December 22, 2017, 09:56:38 AM
There are a lot of benefits in using bitcoin. Bitcoin offers lots of opportunities even for ordinary people. People can use bitcoin as a form of investment that gives you profit within a little time. Bitcoin provides jobs by joining different campaigns giving enough money to every users. It helps a lot when it comes to financial aspect of some people.
The benefits of the Bitcoin  is not only to send money from point A to point B. It has many other functions and opens up many opportunities that the community is still exploring. Some of them have already been turned into real products and services. Most likely, some of the most interesting ways to use Bitcoin will soon be shown.
278  Economy / Economics / Re: Government & Bitcoin on: December 22, 2017, 09:47:54 AM
I think that governments are afraid of Bitcoin. The main reason for this is the lack of centralized control over the processes. Governments are used to controlling fiat currencies, that`s why they don`t know, what to do with Bitcoin. Most governments have a choice: to legalize or ban Bitcoin. This decision determines the further influence of Bitcoin on the state.
Bitcoin is available in a large number of countries whose payment systems are still unable to use it because of their own limitations. Bitcoin enhances global trade access and can stimulate international transactions.
279  Economy / Economics / Re: The dream of getting rich with bitcoins on: December 21, 2017, 11:05:19 AM
Of course you have to believe first of all to get your dreams true, if you have the chance of outsourcing, if you make your future investments in the right steps, maybe in a decade then yes,
but now this dream of being rich is too late for us
I do not have the chance to become a millionaire , but I like the scheme and the way to make money with bitcoin.Is not impossible for a dream to become a reality.We must be dreaming
280  Bitcoin / Bitcoin Discussion / Re: Government put on tax on bitcoin on: December 21, 2017, 10:11:51 AM
If the goverment put tax to bitcoin transaction, what will the consequences?

The profit will decrease and attraction also decrease in my opinion. How about yours

This will create panic among the people who are using bitcoin to hide tax i.e the people who have excessive  amount of money already. But the people who are looking to build money using bitcoin (trading, or working for bitcoin what ever may be) the will get a relief because putting tax on bitcoin will legalise the bitcoin. And lots of people, who still think that bitcoin is illegal will then take a chance on bitcoin.
money has value only until it can be transformed into goods or services. And at the moment of this transformation, the government will have a lot of things to say about whether the participants are paying their taxes.
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