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3521  Bitcoin / Bitcoin Discussion / Re: bitcoin to buy everyday needs? on: January 26, 2017, 03:50:29 PM
is there any place you guys have been staples stores that accept payment using bitcoin, because I had to be pioneered, may be slightly users because not many people know, hopefully this will be so many people using bitcoin as a means of transaction

Bitcoin to buy everyday needs is not available everywhere. Slowly stores have been existing around the globe, depending upon the country you reside you get access to buy daily needs with bitcoin. Recently Japan has got around 5% increase in stores accepting bitcoin compared to the past years.
3522  Bitcoin / Bitcoin Discussion / Re: The Reason Bitcoin will always be #1 on: January 26, 2017, 03:35:16 PM
Bitcoin is first virtual currency and Satoshi really started revolution with bitcoin.
Many people joined, even many online businesses and merchants accepts bitcoin now.
We are not mainstream yet but close to this point.
Bitcoin is really strong at the moment, with a lot users, online promotion, debit cards, bitcoin ATM, merchants, very well establish already etc.
I'm sure that we will be no 1 for a very long time, maybe even forever Smiley



May has and will be the first. But it seems to me that sooner or later will appear strong competitor to him. Yes, now has begin to take even offline stores as a form of payment. But this does not mean that, in addition to bitkoina will not be the same the same ailcoins.
As of now bitcoin would really be the no.1 crypto out there since its being considered as father of all crypto and altcoins are just trying hard to clone it up and people create their coin according to the image of bitcoin but mostly of them actually fail but not all because there are strong altcoin out there which is gradually building up and i dont know which one would be the best competitor of bitcoin in the future.
As its the base from which several other cryptocurrencies as well projects based upon the technology emerged very few are found to experience good growth as well sustain for a long. Now digitization is getting in several countries which helps further, so forever bitcoin will continue to be the leader of crytocurrencies reserving no.1 position.
3523  Bitcoin / Bitcoin Discussion / Re: Buy a car with bitcoin on: January 26, 2017, 03:20:49 PM
That's seems a new addition to the bitcoin usage. Users now get the chance of buying Cars with bitcoin. In the past few users were trying to find people who accept bitcoin in return for car. Today those users can benefit through this service which is limited to certain region. Also it has got a good user review so to go legitimate.
3524  Economy / Trading Discussion / Re: I'd like to get some bitcoins. Is now a good time to do so? on: January 25, 2017, 03:16:16 PM
I'm planning on getting a fraction of a bitcoin. Maybe about 1/4 or 1/8 BTC just to fill my wallet with something. Is now a good time to do so?

Now is not good time to buy bitcoin, lets just earn some bitcoin from signature campaign right now, sell it, and makes price going down. Wait bitcoin under $600, buy it,forget it, and sell it before new year eve 2018 maybe its going to $1100 again Wink

Today I saw the price is very better for buyers and who want to buy then they will get a good profit in the coming future when the price will once again rise up to $1100 or more. While the earning from signature campaign is not that much which we earn from investment.

As suggested today the price has come down, users planning to get some bitcoin can wait till the ongoing weekend. If the purchase of bitcoin is for a long term holding then never think of the price just make the buying whenever you have some earning in your hands.
3525  Economy / Economics / Re: Do you Still believe in Fiat? on: January 25, 2017, 02:58:36 PM
Even bitcoin is getting more and more popular, fiat doesn't reduce. If BTC would still exist in the future, I know fiat money too. They are both working together to provide us a better economy, depending on each other. How can we make real money if fiat will lost?

You git that right. I can't really see an economy running on digital currency entirely. Too many things needed to be conaidered if a switch to digital would take place and i think we're not ready for that kind of drastic change

That's true, bitcoin or other digital development won't pave path for a successful economy and governance of a country without fiat. Digitalization gives advancement and growth but fiat still gets used at some corner of the world due to the convenience it has provided.
3526  Bitcoin / Bitcoin Discussion / Re: For what was Bitcoin created? on: January 25, 2017, 02:33:40 PM
I think bitcoin was created for business of the family satoshi, then they found out that bitcoin can help more people to support or to help to provide some financial who are working hard in bitcoin community.

If it was created for the family.. I'm pretty sure that family is going to live off Bitcoin for some decades! Cheesy It was a very smart idea and I guess he owns a big part of the BTC Rich List. I just cannot believe that some random person was able to code this amazing currency that didn't fail in ANY way!

Its not created to benefit his family and business alone, if so they could have got a patent for the technology or the innovation. That might be true that Satoshi is the one who holds the largest volume of bitcoin that's been mined.
3527  Bitcoin / Legal / Re: Money laundering via BTC on: January 25, 2017, 02:09:02 PM
Yes, money laundering can be done. Thats also a main reason for governments fearing bitcoin. Even if bitcoin is not fully anonymous, bitmixer, crypto mixer are used to hide the identity of bitcoin holders.Even if it fails to give a permanent solution, investing in bitcoins for money laundering can be done for a temporary relief.In india, same situation is happening. More black money holders found bitcoin as their last option to get relief from government actions.

During demonetization it could have happened in India, but the scenario is different with other countries. Israel have given statement that bitcoin transactions were taxable. So India too might make regulations. But most of the money laundering is happening in the form of US dollar.
3528  Economy / Economics / Re: Bitcoin has gone beyond gold prices on: January 24, 2017, 03:57:16 AM
So far in my life I do have both, but if I am to choose between two I always prefer bitcoin. Bitcoin has been helpful in our daily life to pay bills and with the help of bitcoin I can trade and withdraw anytime I want with paper less transaction. I wish I could have more bitcoin since bitcoin is rarer than gold, we just have limited number of bitcoin so its price will increase as the demand continue to rise. 

Paperless transactions are really nice. I also like bitcoins because of that, another is that I can monitor how much my money is which is better than checking your wallet or checking your bank account if it has money. In bitcoin, it's really easy to manage your finances also you don't have to worry about having to store it in a bank and paying for fees when you use it.

Those are features which make people to use bitcoin than the traditional banking or other virtual currencies. When its been compared with gold, the popularity that gold has got is really big as well it has a physical form which makes it a trusted investment. Now the potential of bitcoin is experienced by several gold users and started investing in terms of bitcoin. So probably can expect a big support for bitcoin soon, also price of bitcoin is quite good that it can be defragment into small portion and invested similar to gold.
3529  Economy / Speculation / Re: Cashing out.... on: January 24, 2017, 03:44:48 AM
No need of getting panic on the price movement happening with time. In a short it grew to around $40 and has decreased around $30. This doesn't have any relative statement with the Chinese market, but the mining hardness has got increased. If cashing out is the decision make it with part of the bitcoin in the wallet, as the price movements were unpredictable. Even now it suddenly starts to move upwards.
3530  Bitcoin / Bitcoin Discussion / Re: Getting porn sites to accept bitcoin on: January 24, 2017, 03:32:12 AM
Porn sites accepting bitcoin is found much on the dark web, which is not easily accessible by common men who fear of getting trapped. So people who have been use it for illegal needs use it as an source for their entertainment as it is highly anonymous and very few websites are providing the same service with reveal of identity.
3531  Bitcoin / Bitcoin Discussion / Re: The Reason Bitcoin will always be #1 on: January 24, 2017, 03:20:42 AM
since how long has been predicted the end of Bitcoin? at  1 dollar, it was swag; at ten, a bubble about to burst. one hundred, a Ponzi pyramid ...

Until now Bitcoin is always there, it made his way. I have no idea what will be worth a bitcoin in six days, six months or six years, but after more than 2-3 years of observation, I no doubt it gets more sustainability. And even if another system will eventually prevail, Bitcoin is and will always remain the first crypto-money free and decentralized.

Yes, bitcoin is now a sustainable currency, it came to stay for a long time and it will be always the number 1 because the bitcoin never stops to update itself, there is always things to improve in its system. However bitcoin isn't the number 1 yet for most part of the world.
Only when the adoption increases bitcoin will be on the top officially and when this happens I'm sure it will be top 1 for a long time.

One thing is true that most people around the world doesn't consider bitcoin to be the number one currency of all time, because very small percentage of people in each country is aware of bitcoin and digital currency. Most consider dollar as the number one currency. As said adoption makes people realize the true fact in the future.
3532  Bitcoin / Bitcoin Discussion / Re: Easiest way to convert money into BTC? on: January 24, 2017, 03:07:25 AM

The easiest so far would be localbitcoins but price is something you have to deal with, they offer much higher price than online. You will find it a better option to have paypal funds and buy btc online from the services or from reputable users here in bitcointalk. There are a lot of these users actually and are willing to accept paypal for a price but not as high as those form localbitcoins.

If you have a card, try jsut registering on exchange that accepts buying btc. Kraken.com and bitfinex I think are just the few.

I'm not sure that, which is the card described in the above quote. Bitcoin ATM cards are good to access if you've bitcoin ATM's around your locality. Dispensing cash from ATM costs you with a increased fee compared to conversion through trading service providers.
3533  Economy / Speculation / Re: Bitcoin price up and down on: January 22, 2017, 01:12:37 AM
The price moving up and down is common with bitcoin. In the starting days of bitcoin, it was just low and little by little the the fluctuations has got reduced which has made it a currency similar to that we use in our daily life. Sure this will make a history in the financial technology.
3534  Economy / Marketplace / Re: Anywhere good to sell things for Bitcoin yet? on: January 22, 2017, 12:48:30 AM
Selling physical items for bitcoins still seems to be a huge struggle. I've literally never sold anything. I try when I list things online to mention I accept bitcoins but I've never gotten a sale. Cryptocurrency enthusiasts are a bunch of hoarding penny-pinchers (myself included).

These days it is very hard to get products for bitcoin as we get from amazon or eBay. In my view a combined effort by a group of bitcoin enthusiasts make it a possible one. But one cannot get back the invested amount or profit in a short but as the bitcoin usage is getting increased regularly can have a assurance of getting back the profit.
3535  Economy / Scam Accusations / Re: Another 50BTC loss from innocent member of this forum on: January 22, 2017, 12:33:28 AM
Everywhere scammers roam around, its not just in our forum. The biggest thing here is that we are not in a perfect position to predict which is a legit and scam project as several projects have been getting initiated based upon the same technology. This makes users get scammed and loss everything in a short.
3536  Other / Off-topic / Re: Bitcoin is a good investment now, because... on: January 22, 2017, 12:16:51 AM
At the moment, I think Bitcoin is a good investment because it is growing in an increasingly organic and stable way, attracting many active users and big investors. But the main reason is because Bitcoin solves real-world problems, unlike many other cryptocurrencies that are in the market to get money from inexperienced people.

Bitcoin as a popular cryptocurrency used around the world is highly successful than several ponzi coins and technology. Right now it can be considered as an investment, because even after growing to peak and dropping low bitcoin has regained its control and moving forward gradually. This gives a better earning when used as an investment.
3537  Other / Beginners & Help / Re: Are campaigs only the major source for earning BTC ? on: January 21, 2017, 11:44:44 PM
Campaigns were one among the earning access provided by bitcoin. Campaigns doesn't need a big investment compared to other earnings such as trading, gambling, lending. Other than this there are corporates in several which pay its employees with bitcoin if the employee like it. Best is the using of services section and revealing our skills to gat paid with bitcoin.
3538  Bitcoin / Bitcoin Discussion / Re: Bitcoin, is it worth spending time collecting it? on: January 21, 2017, 02:04:11 PM
It is worth collecting Bitcoin but not by quitting ones daily job

It is very much wise to collect bitcoins on the side.
you hit the point buddy you dont have to sacrifice your job just to collect bitcoins. you can do both of them at the same time and another thing it will not take a day to collect bitcoin you can do it part time

At any instance you should not leave your day job and go behind bitcoin for his living. When considered as a part time earning at times it gives better earning than day job earning. This helps you have a bigger and better living.
3539  Economy / Trading Discussion / Re: Sold all my gold stock, Bitcoin trading now on: January 21, 2017, 01:22:50 PM
I do not think selling all gold and trading btc is a wise decision for a simple given fact that gold will exits even tomorrow but btc you do not know as its not governed by any authority or country may change its policies against this currency.


What's been quoted is all about the unpredictability of bitcoin. But bitcoin as the potential investment gives you the profit in a very short term than gold or other forms of investment. I won't think that bitcoin gets vanished in a short or within a day. Without doubt you'll get assured earning for the gold you sell and invest with bitcoin.
3540  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Really The Future Of Money? on: January 21, 2017, 12:47:38 PM
Bitcoin indeed showing a good performance for the past years in terms of its value, but i doubt that it will be the future money because until now, there are countries that does not accept bitcoin and many people are still not aware of the existence of bitcoin.

From its early days bitcoin have been getting more popularity within few years time. Later on it got more and more users, which lead it to the consideration as a currency which has got only the digital form. Though several countries oppose bitcoin it have gained a name as world money as its accepted worldwide.
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