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41  Economy / Economics / Re: Why lot of countries do not allow to use Crpto? on: July 07, 2018, 08:49:34 AM
Some government are discouraging bitcoin and other cryptocurrency business because;
1.They perceive it to be a total scam.
2. They do not understand the general concept about the operations of crypocurrencies.
3. They are unable to place tax on bitcoin operations.
42  Bitcoin / Legal / Re: Signature Campaigns taxes on: July 05, 2018, 10:45:53 PM
Interesting question. Taxing bounty hunters on signature campaign will be quite unfair. I think there is no fixed amount when it comes to how much people receive for the campaigns.The amount members earn from these campaigns are not huge enough to go through taxation. Besides, some  of the the tokens do not even go on exchange at all. What about the scam bounties too? bitcoin does not operate exactly like fiat currencies so lets appreciate the differences and forget about taxation. A friend of mine who introduced mine to signature campaigned warned me not to depend solely on it because its not a full time profession that you can earn huge sums from.
43  Bitcoin / Bitcoin Discussion / Re: Awareness is the biggest influence. on: July 05, 2018, 08:14:47 PM
Awareness creation is fair enough!!! However, awareness alone cannot do the trick. We need to educate people about how crypto currencies function and the benefit they will derive from investing in the business. bitcoin will bounce back soon!
44  Bitcoin / Project Development / Re: I want to invest in something very unique on: July 05, 2018, 07:48:14 PM
I do not have any special and unique crypto investments in mind at the moment. However, most of the members of this nice platform of ours have suggested several one. My little suggestion is that you weigh those few ones available and go what the one whose terms and conditions will suit you. Good luck Buddy.
45  Other / Off-topic / Re: BYE BYE BTC on: July 05, 2018, 11:41:03 AM
OHHH NOOOO! This is not true, even though the value of bitcoin has depreciated right now. Bitcoin will stay in the market and will not perish. Morever, the demand of bitcoin and its operations as its mining are increasing worldwide. you should rather think of HODLING now the the price is than the death of bitcoin.
46  Bitcoin / Bitcoin Discussion / Re: Why bitcoin requires approval from countries ? on: July 03, 2018, 09:44:26 PM
BItcoin is not like fiat currencies that require approval by the law of the state before its transactions will be accepted. However, its approval will help convince all of people especially the ignorant to partake in crypto investment and its mining.
47  Bitcoin / Bitcoin Discussion / Re: Most Crypto investors are Cowards on: July 03, 2018, 09:30:03 PM
I do not side with you colleague Wink. Most of the bitcoin holders are not cowards as you have perceive them to be. What you need to understand is that investment is a form of gambling since there is some degree of risk involved. In any for of gambling, the rule "do not use or invest the amount of money you cannot afford to lose" applies. I do not think you would love to stake lottery with your all lifetime saving. The same applies to bitcoin investors- even though we trust that the future is bright with crypto currencies.
48  Bitcoin / Bitcoin Discussion / Re: What if Government bans Bitcoins? on: July 02, 2018, 12:05:49 PM
Most nations in the world have accepted bitcoins and its operations. Even though a few others government have not yet authenticated the use of cryptocurrencies in their countries. As bitcoin mining and developoment have been a successful campaign in several countries, i trust governments will rather legalize cryptocurrencies instead of banning them.Even if the government of your country bans its operations, you will not lose you bitcoins. You can still sell them for foreign exchange.
49  Bitcoin / Project Development / Re: HelpMeHodl on: July 02, 2018, 11:11:19 AM
I think if someone will love to HODL their bitcoin, they would be no need giving the coin out to any person or organisation. Before one invest in bitcoin, he or she must know that is a calculated risk and henceforth be ready to bear the consequence. For all i know most of these people or organisations who promise you HODL your bitcoins on your behalf and give you huge profits in addition are fraudsters. So please watch out!
50  Economy / Economics / Re: Study says being rich is determined by chance rather than intelligence or talent on: July 01, 2018, 11:15:57 PM
 Being rich is usually a combination of chance and talent. However, fate and destiny determines whether a person will be rich or poor. Therefore one must
 know thatthere are different ways of becoming rich. Richness is not gonna be achieved on a silver platter.
51  Economy / Speculation / Re: Bitcoin is dead many times! on: July 01, 2018, 10:47:01 PM
Bitcoin has come to stay and would not perish. Bitcoin started slowly but the rate of its operations have increased massively. I do not know why people think bitcoin will fade out of the system and die out soon. BITCOIN has fallen now, Yes it has! but it will surely rise again soon. This is not the time for critics but rather the time for business. Invest in cryptocurrencies now and make an incredible profit soon.
52  Bitcoin / Bitcoin Discussion / Re: Banks not responsive to their customers on: June 23, 2018, 01:36:34 AM
 i really hate the operations of banks, especially when they would want to keep your money for no solid reason. Whether authenticity or whatever they call it, i don't thinks its worth it since they delay our monies.
53  Economy / Speculation / Re: Is market down due to Eid of muslims? on: June 16, 2018, 10:44:14 PM
The fall of Bitcoins has no relationship with the Eid Fitr celebration. I do not think any serious investor or bitcoin holder will love to see the coin just because of a festive season. If that is the situation then what will happen during christmas and easter? There are several  reasons that let to the fall of bitcoin, afterall the coin dropped before the celebration of the Eid of muslims. Lets leave muslims out of this please.
54  Bitcoin / Project Development / Re: I want to create a new Blockchain using Python on: June 16, 2018, 10:32:15 PM
HAHAHAHAAAA! I trust this not a joke,PYTHON? Okay, tell me more. I want to know how and why? I love your innovative and thinking ability though. Go on and lets know what it entails. If its laudable most of us will join and make it a success. GOOD LUCK BUDDY.
55  Bitcoin / Bitcoin Discussion / Re: Which is more risky? Bitcoin or bank investment? on: June 16, 2018, 09:15:17 PM
Involving yourself in any form of investment is a form of risk taking. Sometimes ago, i used to invest a lot in soccer betting. There was always a high chance of you winning or losing. The little experience i had from that sort of investment is that the higher the risk, the higher the profit. In short, investment is more or less gambling. I do not know why i should invest my money with a bank in earn 10% profit at the end of three month while i can invest that same money at earn 400% with few weeks  or months. Banks have always cheated me, they invest your money, make more profit for themselves and give you a small token as your profit.
56  Bitcoin / Legal / Re: Criminals and Bitcoin on: June 15, 2018, 08:26:17 PM
Crime is everywhere! there are police and other law enforcement agencies in every society but that does not put an end to crime. As holders and investors of bitcoins we just need to be vigilant and watch out for fraudster, scammer and thieves.You are your own security.
57  Bitcoin / Bitcoin Discussion / Re: bitcoin is the vehicle, we run it on: June 14, 2018, 02:32:59 PM
Yes, you are on track. Bitcoin is a vehicle and our activities run it. Our joint actions determines how fast or slow the coins grow. The rate of scam,theft, frauds, must be controlled by a regulatory body if possible. Cryotocurrencies will rule the world if we the holders do the right thing.
58  Bitcoin / Bitcoin Discussion / Re: Could the Chinese Govt take over the mining of BTC? on: June 14, 2018, 01:15:57 PM
China has traditionally set up a vast array of traditional mining operations in and around its western region. When the mining operations turned virtual thanks to cryptocurrencies like Bitcoin, Chinese entrepreneurs recognized that hydropower necessary to keep processing plants in operation was cheap, as was local labor. Therefore, Chinese have taken this bitcoin mining business very serious, no wonder most of the bitcoin miners in the world are from China.
With the profit that the nation is earning from the bitcoin business, it wound not be a surprise if the Chinese government is to take over mining of BTC.
59  Bitcoin / Bitcoin Discussion / Re: What happens if we die? on: June 13, 2018, 03:38:27 AM
 DEATH is surely inevitable. Everyone will die but nobody know when. For all i know, there will always be this one person or few people we can trust. it could be your spouse, siblings or parents. In order for us not to die with our bitcoins going waste, its better we make our bitcoin wallet address and private key known to them. Better still, we can make a will which includes our bitcoin account details so that our relative can get access to our bitcoins when we die.
60  Economy / Gambling discussion / Re: FIFA WORLD CUP 2018? on: June 13, 2018, 03:10:11 AM
FIFA world cup has always been a thrilling and an amazing contest. Last four year, the German won the the ultimate but i think its the turn of Brazil this year. With Neymar back from injury to his topmost best in the international friendlies, and Coutinho, Gabriel Jesus and Willian in good shapes, the cup is going to Brazil.
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