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4001  Economy / Speculation / Re: Why people from 3rd countries are crazy about getting cryptos? on: December 03, 2017, 06:24:35 PM
Having in mind the economic situation in those countries this is not the surprise. So many people there are very poor, unemployed and have no income so many of them see the cryptocurrencies as their ticket to better life. At least those who have internet access and at least some basic knowledge. And their goal is probably not to get millionares, just to have some decent income.
If these two things were improved, so better education and broader and better internet connection, people there would have even better opportunities.
4002  Bitcoin / Bitcoin Discussion / Re: At which price would BTC get te currency we use, instead of $,€,... ? on: December 03, 2017, 01:34:48 PM
That is not depending on price, some other things are relevant. Bitcoin is not designed to be a currency tied to any country or economy and can't replace fiat currencies, no matter the price. It's not functioning on a system or platforme that would allow to be a pillar of classic economy. Bitcoin will stay a cryptocurrency that could be used along with fiat currencies and sometimes as an alternative but it can't become mainstream currency. I think Satoshi never even wanted that.
4003  Economy / Economics / Re: will next decade be the bitcoin era ?? on: December 01, 2017, 07:39:56 PM
We already are in the Bitcoin era if you ask me. Bitcoin has made a great impact and not so long time ago just a few believed it could achieve so much and be so recgonized. Bitcoin popularity grows all the time and in the future it will Play even more important role but like I’ve said Bitcoin era has already begun.
4004  Bitcoin / Bitcoin Discussion / Re: Banksters in panic: Wall Street mafia launches second attack against Bitcoin! on: December 01, 2017, 02:19:52 PM
After so many similar "attacks" I don't know why still is so much attention is given to such announcements. The best thing to do would be not to take that into consideration and don't let to influence on the users and on the market.
And I can partialy agree that in the way that we are going there is no much difference between banksters and miners, unfortunately.
4005  Bitcoin / Bitcoin Discussion / Re: Google results show more people searching for Bitcoin than gold on: November 30, 2017, 09:35:33 PM
This doesn't surprise me. Bitcoin is at the moment much more worth than gold and because of this very high value it has become planetary popular, everyone thinks Bitcoin is their opportunity to get rich.
Gold is kind of old fashioned, tradtional investment and it's losing the battel against Bitcoin but still there will be always people who will buy gold.
4006  Economy / Service Discussion / Re: Beware from Xapo !!! on: November 30, 2017, 09:10:09 PM
xapo and coinbase are centralized wallets monitored and regulated by government just like paypal. They are paypal of cryptos and your account can be frozen without any warning or explanation.

Never use them, use SPV wallets like electrum, jaxx, exodus etc.

Xapo is not monitored by government, that it's not true. But if they want to run legitimate business they have to be regulated according to anti-money laundering and anti terrorism financing laws. But Xapo would not freeze someone's account without reason, just for fun.
Maybe they have suspected on money laundering or fake personal data and that was the action until the situation clears up.
4007  Bitcoin / Bitcoin Discussion / Re: Should I invest now or wait a while? on: November 30, 2017, 03:43:53 PM
Last few days Bitcoin price is going back and forth all the time, from over 11000$ to less than 9500$. I think this will continue to happen for a while so it's good time to buy when the price is lower and make some profit. It's good time to invest so don't miss the chance. After this period price will continue to grow, probably with the begininig of the next year and then it will be not so good time to buy.
4008  Economy / Speculation / Re: Take Investment Decisions Smartly on: November 29, 2017, 09:13:05 PM
Every investment is risky so there is no other way than to think twice before you make some actions. That includes Bitcoin too, no matter how attractive investment seems and big profit can be. Always invest the sum you can afford to lose and if you are not sure what are you doing that someone to advise you.
But I agree that is easy to give advise to someone and pretend you are very smart when younhave millions in your pocket. But every decision you make, make sure it’s covered with some back up plan, then you will not regrett it later.
4009  Economy / Speculation / Re: Why Bitcoin is falling ? 9000?!? on: November 29, 2017, 07:54:43 PM
Nothing strange has happened to my opinion. In one moment today Bitcoin price crossed over 11000$ and then many thought that price will go all the way to 15000$ but I would say this minor correction was expected and maybe the price will fall a bit more but this is not time to sell and don’t sell, there is no reason for that. Buy if you can because soon the price will start to rise again.
4010  Economy / Speculation / Re: Bitcoin will fall down on december on: November 29, 2017, 08:26:08 AM
Just because it's rising fast it doesn't mean that it will fall fast. Corrections are possible and it will probably happen but how much and when it's hard to tell. So far there are no signs on the market or some announcement of any issues that could influence the price in negative way.
But I agree that it's not clever to expect that price will rise all the time so we should be ready for every option in advance.
4011  Economy / Speculation / Re: $10K before December 1st? on: November 28, 2017, 07:45:13 PM
Sooo Bitcoin value is over $10000 on Coinmarketcap, on Bitfinex is already $9955.
What do you think guys - until the end of the year we will hit $12k or maybe more possible is $8k? Cheesy

The price of 10000$ came earlier than I thought and it seems that with time Bitcoin price needs less and less time for big movements in price, both up and down. Everything is possible to my opinion, to go all the way to 12000$ by the end of the year but also to pull back up to 8000$ or even 7000$, some have to be prepared for goth. But this is really great opportunity to make the profit and we should all use this chance.
4012  Bitcoin / Bitcoin Discussion / Re: How big of a role does privacy play? on: November 28, 2017, 07:07:07 PM
Privacy is important for me, maybe even more because I’m from Europe which gives much biger accent to this issue than USA for example. I like the feeling that my privacy is kept and protected and that my data are avilable to everyone. Bitcoin is not anymore anonimous like it used to be and there are many tools available that can help to identify the users and transactions but still you are not completely exposed by using it.
4013  Bitcoin / Bitcoin Discussion / Re: what is the maximum price for the 1 BTC can obtain? on: November 28, 2017, 03:43:47 PM
Maximum price is that one which are users willing to pay and how it's the current situation on the market regarding demand and supply. I think there is no maximum or minimum price that can be set in advance, there are no likits that could be known in advance. So, the next year the price could reach 20000$ or go back to 5000$, everything is possible.
4014  Bitcoin / Bitcoin Discussion / Re: Incredible!! Bitcoin Is Now More Valuable Than Many Popular Companies on: November 28, 2017, 02:23:51 PM
Acceptance by many companies and institutions contributed to this high rise of Bitcoin price. It's true there are many small companies which don't worth that much and it's also the truth that Bitcoin could help to some companies in their business. But before that formal regulation is needed as well some other issues solved. But all that still don't mean that Bitcoin can become mainstream currency.
4015  Economy / Speculation / Re: As we approach $10k, a correction/crash is coming. on: November 27, 2017, 08:24:01 PM
Corrections are nothing to be fear of. Because the price is rising fast that doesn’t mean that the big crash will follow. Maybe we will not reach 10000$ as soon as it looks at the moment but I don’t expect the dump to be dramatic. And even when it happens, if it happens, don’t do something emotional like panic selling, just hold your coins this correction moment will pass rather soon. And don’t believe everything you hear or read, there are too many so called Bitcoin experts these days.
4016  Bitcoin / Bitcoin Discussion / Re: Worried about btc future on: November 27, 2017, 03:47:31 PM
I think we must not worry about btc future...because digital era will long last forever..even more develop than now..and btc will more brighter than now...btc ever up and down..but that is normal...so do not worry..

I agree that there is nothing to worry about Bitcoin and that volatility is natural process. Correction will happen but that doesn't have to be now and doesn't have to be big time because Bitcoin has become more resilient and recovers more quickly than before.
Just don't panic and don't sell without reason and you will not lose your funds without reason.
4017  Bitcoin / Bitcoin Discussion / Re: Are The Banks Scared of Bitcoin? on: November 27, 2017, 08:45:19 AM
Don't think that banks are scared of Bitcoin, they don't have the reason to be. Looking at the overall number of users and amount of Bitcoins this is not something that would endanger them. The only thing they are maybe worried about is the fact that there is some financial system that is not depending on them.
On the other hand banks are also aware that Bitcoin is profit and don't think they haven't already they fingers mixed into the Bitcoin.
4018  Bitcoin / Bitcoin Discussion / Re: Mining with mobile device on: November 26, 2017, 07:09:21 PM
Why on earth would you use your mobile phone for mining? That makes no sense and it's not worth waisting time and your mobile phone. If you realy want to do serious mining get some proper equipement. Although if I were in your place I wouldn't mining at all. These days if you are not having a farm it's just not profitable enough.
4019  Economy / Trading Discussion / Re: what coins will you buy? on: November 26, 2017, 01:44:25 PM
I don't use or trade any other coin except Bitcoin but in theory if I have to chose some other coin that would be Ethereum. I think that it has good perspective for the future, the value will rise and it's good investment for the future.
But I wouldn't put 10000$ just at one coin, that is too risky so I would split these funds on Bitcoin and ETH in ratio 70:30.
4020  Economy / Trading Discussion / Re: Fixed income with BTC trading? on: November 26, 2017, 01:13:14 AM
Trading is risky business and you can't never know for sure how much will you earn. Even with the best predictions and smart trading there is always a chance to lose something so you have to calculate that too. Sometimes the profit will be biger and sometimes smaller, sometimes no profit at all and you can't count on fixed income and you especialy can't count that it will be always enough to cover all your needs.
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