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3821  Economy / Economics / Re: Bitcoin or gold? on: December 06, 2016, 07:09:48 AM
If i must choose, i rather pick gold than bitcoin, because many people around the world already know about gold than bitcoin. In the other hand, many people still don't know about bitcoin even the price of each bitcoin is really expensive. I want pick that two bitcoin and gold though.
Picking both thing would be the best thing to do since we knew that these things have the potential to rise up its price in the future. Yes,gold is known by most people on the world as a precious metal and its very valuable thing and price is high too but bitcoin could able to break even that value even they are different since its a currency and a natural metal.
3822  Economy / Trading Discussion / Re: What’s your hidden reason for becoming a trader? on: December 06, 2016, 06:15:37 AM

Im believing the same thing too on which money is the primary intention on most people would tend to engage into trading..There are some possible reasons but it depends on what kind of individual are you because some do love to learn trading because it acts as a dream  and they are pursuing to achieve that,

I think you have a point here, and sometime a "title" being a trader spark curiosity from me especially a cryptocurrency trading.This is something new to my ears and it motivates me to learn how. I do read from forum here and open an account online exchanges, just curious to learn the trade.Also I hear some success stories that they earn or having financial gain from trading,and it amazed me.
Earning from trading would really amazes us since we could see good digit number of profits and whos people dont like that scenario?None,right.? Thats why people would really eager to learn and same as you mentioned those success stories really inspire us but we should think that they gain and achieve it by their all hard work and we should do what they do also.
3823  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: December 05, 2016, 01:23:45 PM
I think the best source of Bitcoin nowadays is trading because trading no scam happen . trading helps to grow my Bitcoin and gives opportunity to double or 10x your Bitcoin. Trading is simple you need to buy a coin cheap and wait to increase the price and then sell and wait to decrease again . hyip is scam that is very bad source of Bitcoin. Because the Bitcoin Of people scam in hyip. I hope it will remove that source soon so the people don't scam their bitcoin.
I can't agree that in trading you can avoid scam. Scammers are everywhere and you never know in what exactly moment they can use you. To me the best way to make bitcoin is investing in bitcoin. If I would buy a 1 bitcoin a month ago today I would be in 100 $ plus. And bitcoin will continue to grow, so today it's the greatest time to invest in this currency.
Holding bitcoin is also a good idea since you have just to wait for the bitcoins price to grow and you could able to gain profits and if you dont like to wait then investment would be the best thing to do.Trading is the best way yes scammers are everywhere, you cant be scammed on trading unless if you bought a shit coin.
3824  Bitcoin / Bitcoin Discussion / Re: If Satoshi reveals himself, what would be of Bitcoin? on: December 05, 2016, 01:08:50 PM
I personally don't feel that Satoshi is a single person .. ; Might be a team of genius Smiley

I also thought that Nakamoto is a group or a company. But even if they reveal themselves or himself what will be the basis or how can he prove that he is nakamoto. With so many developers copying bitcoin there are many people who can claim that they are nakamoto. But even though nakamoto reveal himself bitcoin will still bitcoin, nakamoto doesnt need to reveal himself his contributions by making bitcoin is enough.
He would definitely dont intend to reveal himself and he want to be anonymous forever i suppose just like on his invention and if he intends to come out his security or life would be in danger for sure since there are governments will sue him regarding on his invention.
3825  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: December 05, 2016, 12:12:51 PM
If a bunch of people with computers moschny represent bitcoin management system, the bitcoin bank but in fact will be the same. Just what is the difference between these banks and bitcoin bank.
Yes, it will the same. Bitcoin was created to avoid centralization and bank monopolize so why must we create another centralization. I really dissagree with bitcoin bank idea.

I have too views for this, first is positive for this bitcoin bank idea. If banks will adopt bitcoin, then that will make the demand of bitcoin higher which can lead to price increase.

Negative, in a way first with its regulation, we are going to be taxed if we will use banks service associated to bitcoin.

And we are not anonymous anymore because they will require us our identities.
These are the two possible effects that will surely happen when theres  a bitcoin bank and i would rather choose not to have it because it will expose of our identity especially when do hold huge amounts of bitcoin. I dont like to be taxed by the government and id like to have full control of my money and i wont entrust it to bitcoin banks.

I hate that we will be taxed too because that is the main reason why we are into bitcoins just to avoid the taxation of the government.

Identity requirements by the banks are required because that is implemented by the law but still we are in bitcoin which doesn't those things just to be able to use it.
This is why im here on bitcoin world because i like its anonymous features on which you could able to transact without any trace.Having tax really pisses me off as we all know government do impose high taxes on our income and assets.
3826  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: December 05, 2016, 11:10:26 AM
If a bunch of people with computers moschny represent bitcoin management system, the bitcoin bank but in fact will be the same. Just what is the difference between these banks and bitcoin bank.
Yes, it will the same. Bitcoin was created to avoid centralization and bank monopolize so why must we create another centralization. I really dissagree with bitcoin bank idea.

I have too views for this, first is positive for this bitcoin bank idea. If banks will adopt bitcoin, then that will make the demand of bitcoin higher which can lead to price increase.

Negative, in a way first with its regulation, we are going to be taxed if we will use banks service associated to bitcoin.

And we are not anonymous anymore because they will require us our identities.
These are the two possible effects that will surely happen when theres  a bitcoin bank and i would rather choose not to have it because it will expose of our identity especially when do hold huge amounts of bitcoin. I dont like to be taxed by the government and id like to have full control of my money and i wont entrust it to bitcoin banks.
3827  Bitcoin / Bitcoin Discussion / Re: If bitcoin died tomorrow on: December 05, 2016, 10:50:35 AM
Give up on life and throw my PC away ^^ Well we would go back to boring prebitcoin times. We will all be poor and homeless.
No bitcoin no life. But this will not happen.
Seems like you made some millions and enjoying a happy life with the help of bitcoin but even if you are living a good life at the moment with the help of bitcoin why would you be homeless and poor when bitcoin dies all of a sudden. Life usually evolves and go on just like that even if bitcoin is to die tomorrow.
If bitcoin would die tommorow then we should move on even its hard to accept the reality and when that time comes for sure there would be a replacement for bitcoin which has more features compare to it but i dont think of a certain thing hence bitcoin is already perfect for me. The one thing that it lacks is the full adoption of it.
3828  Economy / Trading Discussion / Re: you need to overcome your fear of losing money on: December 05, 2016, 08:24:57 AM
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Yes i believe in that losing is a part of successfully trading and anyone is not avoid for what happen. Some people they have fear to lost their money but i think everybody experienced that. So many learned a lesson but they taking tisk to earn money.
I do believe the same thing too on which mistakes and loss are part on the learning process specially on doing tradingand we cant really avoid it because of the unpredictable price but we should learned on all the mistakes weve made so that in the next trade we could able to avoid that. Overcoming your fear isnt easy at all because we do value our money and we are afraid to lose it.
3829  Economy / Economics / Re: Why Bitcoin has power nowadays ? on: December 05, 2016, 08:17:55 AM
Bitcoin can become the most powerful crypto currencies because it was the pioneer of the crypto currency and then bitcoin stability is better than other alt coins , the security and price also at a better level compare to other alt coin, the bitcoin stability price increasing is one of the reason people believe and keep on using bitcoin
the market penetration and reach bitcoin has being the first crypto currency is the reason it is rising above everyone's expectation and keep on rising but i wonder what will happen when the last block reward is mined i dont know whether the bubble will burst,only with time you would know that,at the moment it is well and great 
It will happen on our lifetime on which the last block will be mined and we would able to witness bitcoins potential not only on that year but on the years will pass by.As you said bitcoin is doing great as of these days and it will surely continue and prices will really tend up to rise since adoption is also increasing as the days goes by people are already caught by bitcoin.
3830  Bitcoin / Bitcoin Discussion / Re: Blockchain is dead, longlive Bitcoin on: December 05, 2016, 08:10:42 AM
I have heard a lot less news over the last few months about blockchain this and blockchain that,  for awhile every other day there was some bank or corporation spouting off about how they were using blockchain in some way. 

Is it now time for Bitcoin to take centre stage again?

Don't inedible waffle, a lot people just trolling or maybe they just want to create bitcoin 2.0 and make bitcoin&blockchain fails.

Respond to your title, otherwise blockchain have more attention, especially there are some country who already in beta now implement this technology to their country.

Bitcoin itself become more popular nowadays.
Is there a relationship with the bank? Mostly chain has used for altcoin which means a lot of them had made for alt-chain. And I don't ever see there is bank was publishing his chain project.
Well there are no direct relationship between bitcoins and the bank. But at this moment of time when they speak of blockchain that is primarily used in bitcoin, the banks are trying to copy that system and integrate it with banking system. They somehow wanted to recreate bitcoin with modifications favorable to them. If bitcoin will be slow to spread itself soon bitcoin clone will replace the old bitcoin. Banks are a threat to bitcoin.

I dont think they could able to create a new blockchain which is being governed by them. If that happens for sure it will easily adopted on most people because they will follow the regulations on a particular bank.It will patch up bitcoins existence for sure but i dont think it will happen fast and for sure it will takes time before it would be implemented.
3831  Alternate cryptocurrencies / Speculation (Altcoins) / Re: LTC @0.004 - whats up on: December 05, 2016, 07:34:22 AM
Well I think personally that Litecoin has been dead for a long time now and there isn't really anything that can revive it except a big pump, which will only last a while, or a huge change in the litecoin code, which i think it is pretty much impossible.

However chinese are still pretty big on it. Interesting to see.
Im believing the same thing too which only Chinese had the capability to pump up this coin again but i dont think it will happen on to these days. Changing codes on litecoin is impossible to happen that could able to pump up ltc,many people do always say that LTC is dead already which is true because we can see the price is quiet stagnant for a while and now it dumps even hard.
3832  Economy / Service Announcements / Re: Would like to invite you all..... on: December 05, 2016, 07:10:17 AM
id like to invite you all to try my new auction and market place site.

www.bitabay.com

bitcoin payment enabled

escrow

Please have a try list your goods or services

Free listings until further notice.

www.bitabay.com



Its an auction site  with only 5  items. If theres an auction under gadgets maybe cellphones  i willl go there and check for that item, i will check your site after 1 week if you have added some more items that i want.
This is a good suggestion and OP should listen into this regarding on the interest of most members here and that will surely increase potential bidders on your site.You website looks cool though.Same as pealr, im interested on gadgets and for sure most people on this forum have the same interest too and focus on digital stuffs because it will surely caught attention.
3833  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Altcoin Ponzi Games on: December 05, 2016, 06:48:25 AM
Where can I find ponzi games with altcoins? I'm looking for Doge, Ether, Nxt ponzis but I want to see the latest sites. You know only the first ones get paid from ponzi schemes. Grin
I assume you have lots of altcoin stored on your wallet since you are seeking for ponzi games sites which i didnt see one but as other members said here above me you could actually find and search it on investor-based games you will surely find one there.Just one tip for you dont tend to cry if you lose those altcoin you do posses because of doing this such action.
3834  Economy / Economics / Re: What will happen if we use a one currency only? on: December 05, 2016, 06:37:44 AM
[Edited to make it more understandable question]
What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion. Cheesy

You mean not a crypto currency but a fiat money?I doubt if this is possible it will not unite people,because people are fighting for their own ideology and religious and each one to to impress one's belief to another.

Is it possible for a christian to use a money with words and symbols of another religion and vice versa?
I dont think that theres a religion involve on printing out on fiat money. Maybe on the culture but not on religion itself. Having one currency will really make trouble because countries will surely accumulate and get more money since it will surely symbolizes the power of a particular country and this war or scenario would never end. Beliefs and culture do really differ and making one currency will surely create a big debate from all leaders of the world.
3835  Economy / Trading Discussion / Re: How candlestick analysis. on: December 05, 2016, 06:31:14 AM
There are lot of online resources are available for learning candlestick patterns. Fortunately on my own interest I learned candlestick analysis and I am using it for my bitcoin trading. But not that useful with altcoin trading in my experiences.
Actually i compare altcoin trading as penny stock trading with very high risk of both loss and win.

Bitcoin trading can be considered as forex trading so reading candlestick pattern may help just like it is helping many forex traders from past. However trading market will always remain hard to predict and in case of bitcoin due to very low marketcap, price swing really fast and hard to catch those moves reading charts only.
I could say that bitcoin trading and forex trading really differs regarding on moving prices because on forex its more complicated and you could really actually use those candlestick patterns and they are a good tool because you could able to identify on when would be the divergence of the price but doesnt guarantee to be happen anytime since explosion do really happen. Theres soo much thing to consider if you engage into both tradings.
3836  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The return of litecoin on: December 05, 2016, 06:08:52 AM
I dont know whats the truth and whats a lie regarding on this speculations and rumors about LTC but in my own view i think its existence is already done and it will remain  on its place and i dont think theres any pump will happen on next year but im not here to judge but stating only my opinion. No one really knows what would be the movement.
3837  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bittrex or livecoin? on: December 05, 2016, 05:55:12 AM
... just select on which you will prefer.

Bittrex = USA

Livecoin = Russia


Thanks for clarrifying regarding on this matter and i already know that Livecoin is from russia based exchange.Ive done already some research of it and i could say they are also reputable but most people here specially on western and eastern countries will still surely prefer bittrex rather than livecoin and im sure with that.
3838  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is the best future currency? on: December 05, 2016, 05:43:45 AM
Yeah bitcoin is really best future currency because bitcoin is profitable currency and bitcoin is available in anywhere so we can send our bitcoin in any accounts be quickly and i feel secure with bitcoin than fiat and there is no tax apply on bitcoin wallet.
Bitcoin give us so much benefit. It is better than fiat. I think bitcoin is the best future currency becouse it is really apropriate for virtual transaction. Probably people in the future will loves buy goods in online shop.
I dont think so even bitcoin will be developed and progress more in the future it would not really replace fiat or physical currency any soon. We would really evolve into a digital world which most transactions are already online but there are really people would still prefer fiat currency no matter what since its been used for how many years and government do really handle it. I could say its the best digital currency in the future.
3839  Bitcoin / Bitcoin Discussion / Re: Storing of Bitcoins is against Bitcoin. on: December 05, 2016, 05:32:09 AM
No i do not think that storing of bitcoin is against of bitcoin because there is maximum people are storing their bitcoin for the future because they surely know that bitcoin will be much more increasing its price and then they will be use bitcoin.

I know that it is not against the whole bitcoin economy. But holding is not helping the adoption of bitcoin but because we can see that we will have good profit as we are going to hold bitcoins, then many of us are doing this. And we are being more encouraged to hold a lot bitcoins because the price now is increasing rapidly.
Its not really against since people do have the right on how they gonna treat their bitcoins its either spending or just holding and people are different on their mindsets some may like to hold for future profits and some do like to trade and spend them.Depending on the situation of a particular individual.Like me im doing both things on which i do hold and spend some of my bitcoins.
3840  Economy / Trading Discussion / Re: What is the best way to cashout your bitcoin now? on: December 04, 2016, 04:42:56 PM
Right now in my view, using different trading websites is the best way to cash out. Other than this finding the traders through our forum too seems to be effective through an escrow.

Yes through an exchange site is very possible but I think it has higher charges if you send dollar to your country using online remittance services. Also correct having an escrow is a secured  transaction as there are many scammers on forums. If you have a local exchanges in your country, I think it is the best way to cash out.
Like me,im using local exchanges since its the most convenient and less fee transaction and im thankful that its available on my country without being hassled on cash outing or exchanging it too fiat with p2p and by any other means.I agree scammers are everywhere on this online world that why we should be vigilant on our money since we do work hard for it and we should not let them steal it from us.
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