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3221  Bitcoin / Bitcoin Discussion / Re: McDonalds to accept Bitcoin by 2018 on: December 19, 2017, 11:49:46 PM
If we are going to used bitcoin to buy products in McDonalds, is these happenings will open that Bitcoin must have taxes too. It is good for us to use Bitcoin for transaction because it can lessen the waiting time of people and the accommodation per shops will be big since they can entertain many people. Once McDonalds accept Bitcoin as payment, for sure any of its competitors will also do this implementation.
3222  Economy / Economics / Re: Government & Bitcoin on: December 19, 2017, 11:39:41 PM
We all know that there are banks that were run by government. And if we connect the government, banks and Bitcoin, it is so hard for them to work in one. It is like an oil and water. Banks are the middleman of transaction in a country. They served as the dealer or agent between two parties. While in Bitcoin, we does not need any middleman in our transaction since Bitcoin is decentralized, and does not undergo any like in the bank. Well there are government or country that accepts Bitcoin. It is all about acceptance but majority are scared of Bitcoin because of the things it can do.
3223  Economy / Economics / Re: Crypto is an Asset or Currency? on: December 19, 2017, 11:22:41 PM
Crypto can be an asset or currency base on how we look and how we used it. It become currency because we used it as currency for every transaction that we have. Buying products, paying for services and others. We also used it for exchanging currencies, or having any transactions. Well we can see it as an asset because it was used by many people. It is a belonging of an individual yet he cannot touch it since it is tangible but once he convert it, he can.
3224  Economy / Economics / Re: Where do you spend your money from Bitcoin? on: December 19, 2017, 10:46:47 PM
Well I spend my bitcoin every week. I am going to buy clothes and eat in place that I have not eaten yet. The rest of my money will be saved. That was about 70% of it. This is how I spend my money from Bitcoin. It helps me to achieve or get what I want and what I needed and at the same time help me to earn money.
3225  Bitcoin / Bitcoin Discussion / Re: What if, we advertise bitcoin on T.V.? on: December 19, 2017, 03:14:37 PM
Advertising bitcoin on television will make it more popular for sure. We just need to verify or consider some things. First is the government, before we launch anything on television, we need to make sure that government will not be outlawed or being attacked. We all know that most of the governments do not want to be involve by the usage of Bitcoin since banks are becoming useless as middleman of transactions. Unless it was legalized by the government, we can show bitcoin in television and make an awareness to people who are getting depressed of now seeing any opportunity to become rich or at least survive the poverty.
3226  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: December 18, 2017, 09:41:09 PM
There is a lot of benefit for saving bitcoin for a long time. For example by then end of 2015, the price of bitcoin in US dollars is only $400. If you are going to save your bitcoin let's say for example 1 bitcoin so that's $400 in currency, then look to the time we have now, which has a value of almost $19,000. Look what you have gained in 2 years.For two years you have gained $18,600 which is so big already. That's how saving it benefits the holder.
3227  Economy / Economics / Re: Some things to consider before starting a business on: December 18, 2017, 09:22:37 PM
Well business is so broad when in terms of starting it. Entrepreneurship will be also included. The things you will consider are: your business plan, you should have a plan on what business you will take, is it a product or is it a service; your SWOT analysis, there should be a predicted strength, weaknesses, opportunity and threats for your business and will be updated once you have started; the time, is your product or service is appropriate for the time you will start it?; your rivals, there will be rivals when it comes to business, same product, same service and others; and of course your sources such as money, suppliers and others.
3228  Bitcoin / Bitcoin Discussion / Re: bitcoin is unstoppable on: December 18, 2017, 10:19:19 AM
As of now we can say that Bitcoin is at its maximum power where no one yet can stop it. Maybe in the future there will be created or innovated cryptocurrency that can beat it yet for now, no one can. We can see the success of Bitcoin through its number of investors, donators and also those who use it for transaction. We can also see it through the price of bitcoin nowadays that is entering the $20,000. Lots of success will be happening that will make Bitcoin unstoppable.
3229  Bitcoin / Bitcoin Discussion / Re: Why are so many people against bitcoin? on: December 18, 2017, 09:08:28 AM
Maybe those people has the reason why they hate or why they are against the usage of bitcoin. Maybe they were just jealous because they cannot do the things that people do to gather bitcoin. Another one is they are once a member or user and then they were scammed by other people that's why they turned their view or lead and that is to be against the bitcoin. Some are just they don't think that it is legitimate, simple as that.
3230  Economy / Economics / Re: What will happen if the government know bitcoin in your country? on: December 17, 2017, 05:39:22 PM
If the government knows about bitcoin transaction in our country, maybe something worst will happen. We all know that government has the power to do what they want and to do what they think is right. Maybe they will implement taxes to all who used bitcoin. The other case is if they don't want the Bitcoin be legalized in their territory, then it will be banned for sure. There are lots of government can do to control once they know about it.
3231  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: December 17, 2017, 04:01:26 PM
As of now, we can say that people who are using gold to buy things is greater than people buying things through bitcoin. Bitcoin is just new for some of us and not all the countries use it or not all countries legalized it in their territory. If we are comparing them which is better, we can say that each of them has the advantage and disadvantages. First in holding of gold, we can use it anywhere since it is legal. We are able to manage it well since we can see it and can be touch by our hands. Comparing it to bitcoin, we can use it only in selected shops, we can't even touch it yet it is there (using our digital wallets). If we are talking about the advantage of holding or keeping them, the bitcoin price might change depends on what is happening out there. It can goes down and goes up, therefore it is not constant yet the gold is constant with its value. By using bitcoin or holding bitcoin, we can save and then get it when the price is already high.
3232  Economy / Speculation / Re: Bitcoin Price by January 2018 on: December 17, 2017, 02:58:51 PM
The price of bitcoin this day want to enter the $20,000 mark where the prediction is being achieved again. If we are going to look at its current price, by the end of December 2017, it can reach as much as $22,000. Then if we are talking about January 2018, I think it is going to reach at least $27,000. It is by the end of that month. The success of Bitcoin has reached its maximum yet breaking it to achieve more. We can't predict it 100% yet we can guess what will happen. Let's keep supporting Bitcoin for it to be good to us Bitcoiner.
3233  Bitcoin / Bitcoin Discussion / Re: What's your biggest regret about bitcoin on: December 14, 2017, 02:20:31 PM
oo many things that we have realized nowadays. First is the price of the bitcoin on the past. We should have bought some so that we can invest it until now and the profit will be so huge. Next is starting to do task for bitcoin. We should have been started a year or two before so that our rank is high already than what we have now.
3234  Bitcoin / Bitcoin Discussion / Re: Bitcoin in 2018 on: December 14, 2017, 08:59:48 AM
From 2009 to 2017, it is a good advantage to have bitcoin and it improved a lot too. For the prediction in 2018, maybe there will be countries opening their hands to get manipulated or maybe to accept bitcoin as a currency that we can used in buying foods or any items through online or maybe stall shops. We can expect that the price can rise more than what we have today.
3235  Economy / Economics / Re: Why people scam on: December 14, 2017, 08:39:27 AM
Bitcoin or money changes the way of thinking of the people. It is all about greediness where you have the eagerness to have it already. They scam so that the advantage will still on their side yet they are not going to do anything but to fraud others. Maybe it just all about greediness and to the point that you don't want others to pass you in terms of richness.
3236  Economy / Economics / Re: The dream of getting rich with bitcoins on: December 14, 2017, 08:15:29 AM
Bitcoin is one of the stepping stone to get to our dream of getting rich. Maybe if you want a cash that is so large then go invest or save. But if you want to get rich in terms of your things or your items, then you can have those by redeeming or getting your money and then buy what you want. In my case, I lose some yet I am saving 20% of what I have so that I can spend it to the next time I want to buy something.
3237  Bitcoin / Bitcoin Discussion / Re: Are you surprise by bitcoin price now? on: December 14, 2017, 08:01:01 AM
The price of bitcoin this month is so surprising. Yes it is a good start to have investment since we can expect a good graph about how bitcoin rises each time passes. Investing will take time because it still has the possibility to stay on what its price nowadays and will not go down or up anymore, yet the price is good for all of us to start what we want.
3238  Economy / Economics / Re: why bitcoin is so much special than others currency ? on: December 13, 2017, 09:20:44 AM
Bitcoin as one of the cryptocurrency can be the most special one. Aside from it is the first cryptocurrency ever, the success that we have already seen from its price that is low up to unexpected value which is higher than what we have expected or predicted. Also bitcoin is accepted in other countries or other shops, online shops specifically.
3239  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: December 11, 2017, 10:53:20 AM
If we are talking about 2022, that is 5 years in advance, there is a possibility that Bitcoin will be the center of currency or be used by all of us or maybe get legalized in most of the countries. But we can't still be sure since maybe on that day, the price of Bitcoin may rise up to $50,000, we can't say. This is so large to the point that we can find it so useful.
3240  Alternate cryptocurrencies / Altcoin Discussion / Re: Name the coins you think can catch up with Bitcoin's price in the future? on: December 11, 2017, 10:23:43 AM
We can't say Etherium can beat Bitcoin as of now. There are no other cryptocurrency can beat how far the Bitcoin reached. Maybe if there is another one, we expect it to launch by next year but needs time to catch up what Bitcoin did already in our community.
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