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341  Economy / Economics / Re: The future of the paper money on: December 19, 2017, 08:19:39 AM
Paper money is never going to be replaced, why are you thinking that it will be replaced?

Bitcoin will be a huge form of sending and receiving money, in fact, it is being one of the most famous ways to earn and keep your money safe, but no.. Paper money is not going to be replaced, doesnt matter what.


That's because bitcoin is very limited, it's only applicable online and the fact is more people are doing face to face transactions
because it's more easy and less risky, maybe we will see bitcoin grow more but not enough to replace paper money in the circulation, that is just impossible.
342  Economy / Economics / Re: Bitcoin is Freedom on: December 19, 2017, 08:16:26 AM
Yes that's very true, bitcoin is freedom, all people are all allow to join bitcoin, everyone has a chance to use bitcoin and earn or make profit using bitcoin, so i know that bitcoin is freedom because it depend on people or us if we will join bitcoin and if we will make many money from it.
I believe we all want to make money but it depends on our skills and strategy if we can fulfill that purpose in life.
Joining bitcoin does not easily mean you make profit, you also need to to take some risk and work hard enough to reach your goal in life.
In the end there is no assurance, so chances of failure is always present.
343  Economy / Economics / Re: Bitcoin or gold? on: December 19, 2017, 06:41:57 AM
If i have a lot of money then I will have both of them but maybe bitcoin has a bigger percent since you can easily double your money here than gold but both is a good investment with different use.
Gold is secure therefore it does not give fast return, the higher the risk the bigger the reward and that can be found on bitcoin.
Actually if we are satisfied with our investment in bitcoin then why would we look for another investment.
344  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: December 17, 2017, 11:37:51 AM
Holding bitcoin is the best way to get big profit compared to holding gold, I suggest to sell all the gold we have for bitcoin because during this year the price of gold does not move.
For me, holding bitcoin is more profitable because it has significantly over the last few years.
With the limited supply and the rapid increase of demand, we can expect more uptrend to come and it will make us more profitable.
Maybe some people are thinking of the risk but it's worth taking the risk knowing we have more chance to be profitable than to lose.
345  Economy / Economics / Re: Where do you spend your money from Bitcoin? on: December 17, 2017, 11:01:31 AM
I usually buy bitcoin from savings, and I invest my money in bitcoin because I think bitcoin is very profitable if it holds for a long time, sometimes I also trade using some bitcoin I have.
Bitcoin is both good for short term and long term investment, also if you are a trader you can take advantage on its volatility
and if you are good in trading, most probably you will make more good decision and you will be a profitable trader in the long run.
Instead of spending our money on a not important things, we should realize that the opportunity is already in front us.
346  Economy / Economics / Re: Loans too risky? on: December 17, 2017, 08:55:35 AM
The loans is very risky because if we can not afford it then our assets will be confiscated, many people who regret because of join the loan, I suggest that we should rely on help from others than loans.
That depends on the type of loan, for micro loans you do not need to provide a hard collateral so the risk is high for those who run the business.
Risk factor is always present so if we borrow money and we offer collateral, we need to make sure we comply with the agreement so our reputation is good and we can get back our collateral without a problem.
347  Economy / Economics / Re: Bitcoin or gold? on: December 17, 2017, 08:39:43 AM
I think you could combine these two and china is doing ecactly that Smiley
Basically a gold baked cryptocurrency
Anyone remember e-gold?
No I don't, I only believe that bitcoin is the most profitable cryptocurrency so I trust my money on bitcoin.
Even if I can invest with god, I won't still be more aggressive as I am with bitcoin because I know gold is stable which means I have to wait
a longer period to grow my money, while with bitcoin, it has already proven it can pump easily.
348  Economy / Economics / Re: Is it possible for the bitcoin to lose it's value ? on: December 17, 2017, 08:28:50 AM
It has no value on countries that already banned it so even if it has value in Japan or South Korea, other country can decide whether they'll accept it or not.
Big countries who are accepting bitcoin can be a model for small countries, there are some countries that might ban bitcoins but I can
still say that we have a big market and the value will never fall if the demand is continues and increasing.
349  Economy / Economics / Re: The dream of getting rich with bitcoins on: December 16, 2017, 11:00:34 PM
Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.

How much money did you earn with bitcoins? Or did you lose some?
I always dreaming that I can become a millionaire someday because of the bitcoin! I know that I can earn big amount of money if I continue ti work hard everyday in this cryptocurrency world.
That dream will come into reality if you keep holding and trust bitcoin that it will continue to be successful.
If we have been profitable this year, we will see more profit in the coming years so let's be strong to hold and don't be contented with short term profit.
350  Economy / Economics / Re: Bitcoin or gold? on: December 16, 2017, 10:30:58 PM
Both. It would not be financially wise to only transfer wealth into one of the two listed options. So to maximize my profits I would invest in both.
That's diversifying your investment which is advisable for every investors.
Be smart in investing and don't be greedy as there is no assurance a certain profitable investment now will continue to be profitable.
At least you have some investment to wait if the other fails.
351  Economy / Economics / Re: Can Bitcoin also lead to corruption ? on: December 16, 2017, 02:21:05 PM
I think it depends on the people of where he use bitcoin if in criminal activities or corruption.But we dont want that dirty hands in bitcoin we dont want to harm it from those people.Bitcoin is money it is involved always in every activities that can lead to criminal activities.
It will depend more on the governments of the areas than people. It will be better for the governments to legalize the crypto currencies and then legislate accordingly to not let it to use in criminal activities. If the governments will hesitate, then people of that country will definitely find some underground links to trade in crypto currencies which will definitely lead to the involvement of bad guys of the society trading in the bitcoins.


When there is a strong implementation of the law, the authorities will be able to combat illegal activities with the use of bitcoin.
That is why it's important that they will legalize bitcoin to give them access on the necessary information relevant to detecting illegal transactions.
352  Economy / Economics / Re: Bitcoin or gold? on: December 16, 2017, 02:07:43 PM
bitcoin is a good investment when you have appetite for risk. Its rare because there is a limited amount of it that can come into existence. So i choose bitcoin than gold.
Wise decision, being a risk taker is the only way we can invest with bitcoin, we take risk but we always think of the reward we can get
which I think bigger than the profit with can make with gold for small investment. Bitcoin has provided has good return this year and it will do
the same in the future so let's keep the trust.
353  Economy / Economics / Re: Which one is good, trading or investing? on: December 16, 2017, 01:50:44 PM
Trading is more proportional because it actively seeks quick profits, a better investment for passive income because it only sees the process and movement of funds. In this case, the most effective trade gives the user plenty of experience to be more expert and able to engage in any situation, the investment is more suitable for long-term program.
Trading is the fastest journey towards our dream, if we are good in trading, it's not impossible to be rich easily.
It's also more risky than investing because you have to be active all the time in monitoring the market so you can find opportunities.
354  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: December 15, 2017, 01:08:40 AM
I think trading is the most interesting part in it. You learn more about different coins and companies and learn how to trade on news.
Most of us here are trading, that's because it's profitable and the market is volatile, if we are knowledgeable it gives us more advantage
to be a successful trader. The moment we will become consistent, I would say, making money is easy because crypto never sleeps.
355  Economy / Economics / Re: The dream of getting rich with bitcoins on: December 15, 2017, 12:59:09 AM
Yes it may be true of getting rich with bitcoin but it may not be sure . Bitcoin price is continuously increasing from year to year and invest in bitcoin can make the large profit and to earn the lot of money which make the person getting rich or miliner
As long as our faith in bitcoin is strong that will take us to our dreams, note that the price does not only rise continuously but there are also
times that it will fall down, always think of that and never panic when that time comes so you will be able to survive.
356  Economy / Economics / Re: How to teach kids about Bitcoin? on: December 15, 2017, 12:50:39 AM
I think someone could create a game about it , a game composed of story telling which as they progress they get to know more about different angles of bitcoin world which could be useful when they grew up Smiley
At first, it is difficult for me to learn bitcoin. So I think, it is not suitable to teach bitcoin to a very young age child.
I think the age doesn't matter anymore, it's the maturity of the children which is more important.
If they can understand the basics then I guess it's alright to teach them the early, you can tell if they are interested or not because kids have more focus.
357  Economy / Economics / Re: Why Should I Choose Bitcoin ?? on: December 14, 2017, 07:53:13 AM
You should included that bitcoin is decentralized system unlike fiat.
In my opinion, you should choose bitcoin because bitcoin is always be the best cryptocurrency among the rest, and since it was running bitcoin has been helping many people to earn and have many money, and you shoulf choose bitcoin because the price of it is we wll not stop on increasing sos you can make or you can earn many profit from it.
Indeed, compared to other cryptocurrency bitcoin has a high volatlity rate. I remember that when I entered this world bitcoin is only 3,000 usd but now its almost 20,000 usd. Truly that bitcoin is more powerful among those cryptocoins that exist. That is why it is worth to invest upon it because you'll definitely get a high profit.
no doubt about that mate.bitcoin is the supreme and the dominant of all
coins no one will deny that..and added is bitcoin is currency now and some countries.
and for sure it wont take long that bitcoin will ba accepted as currency worldwide
I believe that bitcoin is the most dominant but I also have to consider it's chance of failure.
The price may fall in the future so we need to diversify our investment, in my case, I am putting some on good altcoins that I believe will compete bitcoin in the future, the top 10 altcoins are great and something to invest with.
358  Economy / Economics / Re: Which one is good, trading or investing? on: December 14, 2017, 07:33:07 AM
i had about $200 worth of bitcoin.
How can i earn more with that amount?
should I trading? or make an investment?
and please give me some trusted site to investing my wealth.

**i dont want to give a loan, or else.**

if you had some advice, feel free to tell me.
really apreciate it.
thank you.

The bitcoin is now trading at above $ 16.000 per coin, it’s becoming increasingly difficult to trading.
With a budget of only $ 200, the best solution is to invest with just one or two cheap altcoins, seperti BCN and DOGE.
And maybe that is the best you could have hoped for.
There are a lot of altcoins out there which are still undervalued right now, if I have that amount I would choose to invest a coin
that has a small supply so the moment it will start to pump, you can get the best value. I'm sorry mate but none of the two coins you've mentioned
is approve by me, I like those who are in good exchanges and has a good volume.
359  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: December 14, 2017, 07:19:37 AM
It seems like it's the best investment these days. Everyday more and more people learns about btc and wants to invest so i just think there are many factors to help it's rising. I'm not selling  Grin
There is always a right time to sell, for now, since we see that the price of bitcoin continue to rise then I guess we should
always believe and wait for the right time to sell, it's good to be optimistic because bitcoin is so powerful that anytime the value will pump.
360  Economy / Economics / Re: Is it possible for the bitcoin to lose it's value ? on: December 14, 2017, 05:45:19 AM
Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?
Sorry if my post is in the wrong place or it's not relevant.
Bitcoin have won the trust of investors and at present many investors of real estate and gold are switching to bitcoin. Pumps and dumps are the inevitable parts of the bitcoin’ journey towards success, so we should not get panic.


Right now we cannot say anything about it right now. But in future it might be possible that bit coin could lose its value may a better crypto currency introduced in the market. So yes it is possible that bit coin can lose its value in future.

In present time its best currency for trade and making a lot of profit for all the people in all over the world and this is the reason why people are crazy after it and investing too much.
That is just the possibility that's why we are still investing now for the future, if the value will loss then that means we loss on our investment as well.
We do not have to believe it will happen, let's continue to be optimistic that bitcoin will bring fortune to our life.
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