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3101  Bitcoin / Bitcoin Discussion / Re: Invest now - should or not? on: February 08, 2018, 03:08:59 PM
Obviously you still don't know much about cypto yet. You need more reading and understanding.
I think you should give it a try by starting small. Then from there you will begin to be more exposed and learn more.
Always good to know what is going on and the best way is to experience it yourself.
Bitcoin aint gonna collapse. There are so many more things you can do with it.
So don't waste any more time Smiley
If you really want to earn and to gain profit out of a thing that is probably a new thing to you, the best way for you to achieve your goal using it is to set up a time and a way for you as an individual to gain knowledge or to learn out of the information about a particular thing. And bitcoin as a cryptocurrency has so many established information in regards to its system and it up to us if we are going to used it or to educate ourselves out the information around us. And that is the time you could decide if you are going to invest or not.
3102  Economy / Economics / Re: Does this mean Cash will be extinct? on: February 03, 2018, 01:45:51 PM
Eliminating paper fiat will have a measurably negative effect on economies. Paper money represents a more efficient form of transaction than electronic payment. For the poor who can't afford a cell phone or internet connection, paper money is their only hope of buying/selling. Getting rid of paper fiat makes transactions more difficult and also centralizes the currency aspect of economies which leads to monopolism. Centralizing power and influence in this way is strongly correlated with exploitation, predatory business practices and inequality.

Banning paper money will have a measurable negative effect on economic growth, unemployment, inflation, standard of living & other statistics. It will represent lost opportunity, a higher bar to entry for markets, greater difficulty in small businesses surviving and creating jobs. There's no upside or advantage in getting rid of paper money. And there are definitely many disadvantages.
For highly developed countries, perhaps they can do a cashless society, but the majority of the nations globally are still working to obtain economic stability. The complete adoption of the decentralized money system or digital money will create a negative impact on their struggling economy. Perhaps, further studies and corrections are still needed to implement this technology entirely. Only time can answer this mater clearly.
3103  Economy / Economics / Re: wait for bitcoin prices to go up on: February 03, 2018, 01:33:23 PM
will this year be the same as last year's year after the Chinese New Year's celebration of the bitcoin price rises again and even exceeds the previous high, I expect bitcoin to rise from this decline, and we as users should be able to keep the price in the way we do not panic at seeing a price drop because this is all just a matter of time

can bitcoin rise after the turn of the new lunar year later?
Most bitcoin investor are waiting for that price rise up. Hopefully that would happen right after the Chinese new year's celebration. Bitcoin's price drop is just normal, no need to worry, it happened from time to time. Bitcoin always manage to regain its market value and come back stronger from the slides.
3104  Bitcoin / Bitcoin Discussion / Re: Why does China hate Bitcoin? on: February 03, 2018, 01:06:00 PM
I believe China doesn't hate bitcoin. China might hate the fact that it's untraceable, and with the problems that rised with the ICO's where many investors were scammed, and lost money, they couldn't do anything to retrieve that. It's a risky market, some will opt out of it, some will just act that they will opt out, and others will continue following bitcoin!
Perhaps, one the main reason why china is not in favor of bitcoin is because of their economic system. The government of china hates individual operations, almost all their market industry is run by the state. So how would they ever allow a decentralized monetarial system. There are also speculations that China will create their own cryptocurrency.
3105  Bitcoin / Bitcoin Discussion / Re: Bitcoin in 2018 on: February 03, 2018, 12:52:35 PM
My expectations are very positive. In the year 2017 what most caught the attention in bitcoin was its price (this is my opinion). For 2018, I believe that we will have great news about the acceptance and confidence of the users, I do not believe that the price will fall, on the contrary, will rise, but not equal the last increases.
Although we are not really sure what will happen to bitcoin this year, We have statistical records that will give us a positive outcome of bitcoin this year. We have an almost a decade to look back, stories of investors who succeed with in those years. Hopefully, Bitcoin will gain more trust and create a larger market coverage.
3106  Bitcoin / Bitcoin Discussion / Re: What do you want to Buy with Bitcoin? on: February 03, 2018, 12:41:50 PM
Reading a lot of New Year Resolutions, and I can understand many of you here have some resolutions that involve crypto and bitcoin. Maybe you want to earn a bitcoin, multiply your  bitcoins or become a crypto millionaire.

So here is one similar question that does not necessarily has to be achieved in this year.

What are the things you want to buy with bitcoin?
Whether its a House, your favorite car, a yacht, a jet or a ticket to Mars. Whatever you dream, list the things you want to buy with your bitcoins (crypto).


Since I do not own a house yet, that is my top priority. I want to have a an apartment for rent someday. Hopefully, i can achieve that this year, but i know i have to work double time. I also have to manage my bitcoin wisely, I am going to pursue this investment because i am positive that i am on the right track in achieving my dreams here in bitcoin.
3107  Economy / Economics / Re: Is this the end for bitcoins ? on: February 02, 2018, 12:53:34 PM
Despite the fact that bitcoin have been experiencing some dip ove rthe last few weeks, i still don't believe that this is the end of bitcoin. There have been talks that its because of certain adjustments and some said that someone took some huge share in bitcoin which caused the dip. Whatever the cause is, i don't think this is the end and i have high hopes that bitcoin will soon pump.
There are many negative speculations and reviews about bitcoin, probably because of the huge drop on bitcoin's value. But if you look at the previous years of bitcoin in the market, this is a normal phenomenon and not a reason to think that this is the end of bitcoin. Besides, bitcoins value is still high, and still a potential investment.
3108  Economy / Economics / Re: With Hackers everywhere, How safe is Cryptocurrency? on: February 02, 2018, 12:40:22 PM
Hacking the stock exchange and the ICO cannot be prevented. It will always be. Hackers are monitoring the entire network. It seems to me that over time the exchange will come up with a mechanism to delay the application for withdrawal of funds in order to be able to verify the authenticity of the request for withdrawal of the coins. The withdrawal of Fiat in my exchange occurs within 3 days. I think all this time, you can stop the payment if it were made by hackers. For me this delay will not be a tragedy.
The safety and security of your cryptocurrency depends on how you handle it. These so called internet thieves or hackers are working day and night on how to hack anybodies account. We must always choose a secured wallet for our own safety. Remember to take strict precautions in giving our personal internet account identifications.
3109  Economy / Speculation / Re: Why BTC is down again? on: February 02, 2018, 12:00:17 PM
Bitcoin is still facing the correction process which is a result of price rally that took place in the last quarter of the last year. Traders/investors (especially big whales) prefer entry or exit through systematic investment plan so if they are expecting price to fall down in the coming month then they sell their some holdings daily instead of doing it in one shot.
Bitcoin is a system provided investment, major slides from time to time is really expected. But there is no reason to panic if bitcoin is suffering huge value drop, it happened before, and bitcoin still managed to retain its strength in the market after correction. This current drop is expected since we are still at the beginning of the year, major adjustment is being done which probably the cause of this value drop.
3110  Economy / Economics / Re: 99% of the people still think that fiat money are better than crypto on: February 01, 2018, 01:30:47 PM
I was talking with a friend of mine about cryptocurrencies and he said:
"Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money. Grin"
Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions?

Which is somehow true, you can't teach the value of bitcoin to other people just let them learn about it by their own.
Your friend is right and besides how will he say that bitcoin has a value if it doesn't have that much of a use now a days.
Once the time comes that bitcoin is widely use then it will be more convenient to use it than fiat currency.
Time is most probably the reason why the percentage of fiat users are larger that those of using cryptocurrencies. Physical money or fiat has been here for more than a century. The technology that brought us the creation of digital currency is much younger than fiat money, but as the world adopt the changes behind the knowledge of man, several innovation and adoptions of modern technology will come to its time. So expect changes on your ratio as time goes by.
3111  Economy / Speculation / Re: Is 2018 the most crucial year for bitcoin? on: February 01, 2018, 01:16:24 PM
Bitcoin exceeded $ 10,000 in 2017. What's going to happen to Bitcoin in the coming year?

Bitcoin was able to bang on the door on 2017 and has made enough noise that the whole world is slowly but surely taking their eyes and focusing now on what would bitcoin accomplish next. It is imperative that we do not falter and the next major steps and achievements that this would attain would mark if whether bitcoin would survive for another day
The world crucial can either be in favor of bitcoin or not, since no one can really tell the exact future of bitcoin this year, all we can do is to speculate base on the speculations of other people. But the most we can do is to trust bitcoin and remain calm in rolling the dice in this investment. There is still a long way ahead of us this 2018.
3112  Bitcoin / Bitcoin Discussion / Re: Is bitcoin loses its popularity ? on: February 01, 2018, 01:06:33 PM
I don't think so, according to some surveys that promotes about how popular the bitcoin is, its rapidly still growing! And for some country is freshly known. And investors are still about to come!
Since bitcoin is the pioneer in this technology, The popularity of bitcoin is not affected by the recent dumps on its value. The interest of the public is still focus on how to invest on bitcoin, because of the legacy that bitcoin created for almost a decade. Different altcoins are being created, but they are still dependent on the value of bitcoin, so how would it ever loose popularity?
3113  Bitcoin / Bitcoin Discussion / Re: Why I would rather have paper money then Bitcoin on: January 27, 2018, 01:36:04 PM
Fiat is our easiest form of currency it has been in place for a long time and there is nothing difficult about using it. Bitcoin on the other hand does have a learning curve for new people to understand with keys and understanding of it price volatilities. Transaction fees are an issue that can be resolved.
That is actually the reason why there are still more people that is still prefer to used fiat or paper money on their transaction. We could not break the system of fiat because it is much more easy to used in terms of transaction on daily basis where there is a tangible representation on each value you have or the money system. Yet, Bitcoin could be more efficient to used on the future because more people will surely prefer to used an easier and faster way for transaction on other people regardless the distance, location or the reason of transaction.
3114  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY CAMPAIGN ENDED] EIDOO Wallet - Hybrid Exchange | 2M EDO REWARD| 4M$| on: January 27, 2018, 02:45:18 AM
hi manager, user Panganib999 on spreadsheet not get anything but i see on etherscan his wallet received 5,099.354 EDO from bounty, this is mistake? can you explain me Smiley
Good day mate!

Me and the manager have private conversation regarding to my stakes because he accidentally forgot to write my stakes at the spreadsheet so that he tell me that I will receive my token just provide my Eidoo wallet, But the spreadsheet won't change because it is final as he said. Hope this will clarify the issue. Thank you. Or do you need the screenshot of our conversation?
3115  Economy / Speculation / Re: time to buy bitcoin on: January 26, 2018, 06:44:50 AM
Timing is really necessary to deal with when it comes to buying bitcoin as a part of our investments and trading. Because price is always important and the changes within the current time and the possible chances for bitcoin to either decrease its price or to increase would be our guide to analyze our possible profit and income in the future.
3116  Alternate cryptocurrencies / Altcoin Discussion / Re: What makes Bitcoin different from alt coins? on: January 24, 2018, 08:43:26 AM
The main credit of bitcoin is that, it was the pioneer in decentralized revolution. So people first came to know about bitcoin and then they came to know about the altcoins. That's the main thing that made bitcoin different from any other currency. Today we have more advanced and technologically superior currencies in the market than bitcoin, but that couldn't bring down the acceptability of bitcoin in any way. People started with bitcoin and then diversified in to other currencies. Nothing else makes bitcoin different than altcoins.
People are driven to used trusted things for them to start a new thing for them. I think people who want to get into cryptocurrency much trust bitcoin more compare to any other form of cryptocurrency because if we are going to look at the history of bitcoin in terms of its value and its stock movement and development in the market. We could see that bitcoin is much more developed and stable to used in the form of investment and transaction in cryptocurrency.
3117  Bitcoin / Bitcoin Discussion / Re: What are the most common uses of Bitcoin? on: January 20, 2018, 04:16:13 PM
bitcoin very  remarkable.
can open employment for people who have not got a  job like this diforum btc .even  around the world with the bitcoin.   as a very big asset for the community. so with this forum  in our country with the bitcoin is very helpful even more helpful than ever. a lot is gained from the hard work of their bitcoin obtained  the car and home, the company even more I'm very surprised by my changes with bitcoin it does not take a long time to succeed
The main purpose of bitcoin in a daily basis is to serve as an investment for most of people who want to earn with used of their money and time. But bitcoin is much more than that. Bitcoin could also serve as an asset for most of people who want to try dealing with transaction through trading and analyze the flow of the changes of bitcoin price in the market.
3118  Bitcoin / Bitcoin Discussion / Re: A friend sent me .03 BTC - what to do now? on: January 20, 2018, 01:51:22 PM
It is your call and depends on whether you need the money or not. I would definitely HODL that for the long term, but that is me. You are the only one that knows your needs and current financial status.
If you have the amount of  bitcoin and the time for you to hold and to take bitcoin as an investment you could definitely earn and have a profit with it. But if you will have the time to learn the system of bitcoin in the platform of trading you could have a more chance to earn specially on transaction as you will deal in the right decision to buy and to sell your bitcoin at  the right price and time.
3119  Economy / Trading Discussion / Re: What is the best coin to buy? on: January 20, 2018, 09:53:48 AM
The no. 1 coin to invest in is Bitcoin
It is always a good thing to consider buying Bitcoin when it comes to investment and trading. And if you want to gain more profit the best way for you to do is to follow the basic principle of trading which is it buy low and sell high. So it doesn't only depends on the coin you will going to trade. Tactical and anlaysis is also a key for you to consider in terms of dealing with transaction so you could earn and gain profit.
3120  Economy / Economics / Re: Many new rich people are created from Bitcoin on: January 20, 2018, 09:10:32 AM
Yes, there are many people who become rich because they believe in Bitcoin and now many more will become rich those who believe in ETH because very soon the price of ETH will reach to more than 2000$.
Bitcoin could help people to earn and to have profit with the user of tradings and investment. And for believers who continue to believe in the system of Bitcoin in the market it could definitely give them a chance to earn and an opportunity for them to become rich. So until now people who find Bitcoin as an opportunity could definitely be rich in the future if they will continue to trust bitcoin.
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