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4121  Economy / Economics / Re: Bitcoin as a way of avoiding to change money when travelling abroad on: August 30, 2017, 01:25:43 AM
You have the point it really more convenienced for travelling people but this is also possible if the establishment or lets say the money changer itself is also engage in bitcoin investment that they will receive bitcoin and other coins but  still requires a minimal or less service fees in all of their transactions but it minimize the hassle atleast.
I think bitcoin is the best currency to take along with you because it is very reliable and convenient to use. Bitcoin currency is famous and acceptable in several countries it made bitcoin more powerful than before. It is now using for the traveling because it is easy to carry with you and you can make a profit by keeping your bitcoin in your wallet it will make bitcoin more powerful than before and also good for the future of the bitcoin.
4122  Economy / Economics / Re: Government & Bitcoin on: August 30, 2017, 01:20:33 AM

I think of government in completely different way. They are government, the body which is eligible to make changes in the system and to create the rules for the nation so that it can run smoothly and in peace.

They will do bring the revolutionary technology like bitcoin into effect if they want to by changing the rules and regulation simply. There is no way we can underestimate the power of government. Who knows they might just be developing the new ways of implementing the crypto currency in the system.
well it is true that bitcoin is based on the government and the society but government of our country is not gona legalize bitcoin this is the problem we are facing today the government institutes are investing in bitcoin but they are not accepting bitcoin regularly because they want to make money but they not want to make bitcoin the more popular and the valuable currency more than their paper money but hope and hope is the best may be they took pity on bitcoin soon.
4123  Economy / Economics / Re: Best way for steady income on: August 30, 2017, 01:11:33 AM
in my opinion to is get profit in better amount is that you should hold btc for a log amd and then sell it for your profit with increase price . in this way we can get profit with small risk .
The question is when the best time to sell , and if you have big amount in your balances , it doesn't matter as long as you can divided your balances into different source . But , hold it for the few years without spending , it's lazy way to earn for me.

Holding is not a bad way unless you have some other sources for earning as well and those ways must be increasing your held bitcoins, but if you just have some bitcoins and doing nothing but just holding them then that is really not a good decision.

Yeah and to make profits from only holding you need to wait for a long time as you never know when price will g o higher, so its good to trade with them to get regular profits and also to increase the level of coins.

But trading is also high risk until you dont have good bankroll, you can do is giving your skills for bitcoin payment and like this you will start to earning bitcoins and you can save big and even do some investment of holding them.

Holding is safe but not profitable, if can give you good profits only if price goes higher but the number of coins will be the same it will not grow by holding, even if you trade with small amount it can increase the level of your coins slowly and steadily.

Yes,holding of bitcoin is safe but I don't agree when yu said holding of bitcoin is not profitable cos holding is profitable. Are you saying some people that bought bitcoin when the incident of bitfinex happen don't make any profit now that the price of bitcoin is $625?

Holding bitcoin can give us a bigger profit and with that we will have the chance to become rich but we cannot say it as a steady income per month etc, as in some times the price of bitcoin increases in some times it drops a little and in some times it remains stable. so with holding we have to start another business also.
I agree man best way to get steady income is hold ur bitcoin for a long time or always join and signature campaign to ear a lot of bitcoin for ur future money. Or go to any faucet but its so small amount of bitcoin u can get all you need is workhard and be patience.
At some point it is true, so the main point is this, while working here in the forum and once you already earned bitcoin just hold it for good right? well this sounds also interesting but we do not know what might come unto us, keep in mind that this is not the only thing we have to focus, there are also lots of stuffs we need to do daily, and in my own experience, I have a day time job in an office, while after I got home I used to work here in the forum as my side job and earn BTC.
you are right holding bitcoin is one of the best option to make steady income it will increase your money for sure. Trading and signature campaign is one of the best options if you have good patience to hold your bitcoin for long time because it is easy to make money through trading. Just keep in your mind that you are trading just for profit and don’t sell your bitcoin when you see a little dump and signature campaign is also one of the best options for the trading.
4124  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: August 30, 2017, 12:39:23 AM
Yes theres a possiblity that everyone will be using bitcoin in 2022 ,its because of the technology of what we have today and as years passed our technology upgrades, therefore on that year we will see everyone even the young one is already using bitcoin.
if the price of the bitcoin will keep on increasing then it will grow worldwide someday there is no doubt the bitcoin currency is being use by all around the world.  Bitcoin is being use by 80% of the population today and till 2022 it will be more than 90% and it is very good for the future of the human being as well so for me bitcoin is one of the best currency that is growing very fast and till 2022 it will be a rock star
4125  Economy / Economics / Re: How is the price determined for a decentralized currency like bitcoin? on: August 29, 2017, 05:21:05 PM
The price of the currency is determined by the laws of demand and supply, since there is no central bank to direct the affairs, it is determined mainly by these laws the higher the demand and the lower the supply then the higher the price and vice versa
the price for this decentralization is determined as the people use to pay for. The price and the value of the bitcoin are increasing and a lot of people are interested in buying bitcoin and it is making the price of the bitcoin more and higher. People are paying more than before and it is just because of the high price determination.
4126  Economy / Economics / Re: Why Is Bitcoin's Value So Volatile? on: August 29, 2017, 05:17:26 PM
the main reason is that bitcoin is not only a type of money, it is also a kind of investment and therefore, investors buy bitcoin in order to multiply their money in the future. And there are also many traders who sell and buy bitcoin frequently to make money. Therefore, the price of bitcoin easily be affected and it is volatile.
there is nothing so uncertain in the value of the bitcoin. Because the bitcoin value is indeed volatile. If you are not so much sure about your investing process in bitcoin then you should go for learning first instead of investing without knowledge. Having fine knowledge about bitcoin and having hard work nature can make you earn good profit so bitcoin is volatile and it is good to have bitcoin indeed.
4127  Economy / Economics / Re: Is bitcoin now the strongest currency in the world? on: August 29, 2017, 05:13:40 PM
I still believe dollar is the strongest currency in the world. It will take a long time for bitcoin to rise up against the competition in terms of currency being used worldwide.
the price of the bitcoin is increasing and more and more people are being a part of the bitcoin for this reason bitcoin is being the most powerful currency and the strength of the bitcoin will be double till the end of the year. Bitcoin is easy and reliable than the dollar because if you want to go for a trip you can carry max amount of bitcoin in your wallet but carrying huge amount of dollar can be harmful for your security another thing is the price so saving bitcoin can help you in your future.
4128  Economy / Economics / Re: Compare Bitcoin to Other Investment Instruments (Stocks, Real Estates, Etc.) on: August 29, 2017, 02:49:46 PM
all of them have a different disadvantages and advantages but real estates had more slightly advantages between those investment because every years the price of Real Estates always be grow so the possiblity to loss your investment are pretty small rather than other investment but indeed the profit from Real Estates are special but not happened instantly and for long term investment only such as for next 10 or 20 years
well I don’t know about other currencies but according to me bitcoin is the best ever. Bitcoin is an independent currency that does not depend on any financial state but other investment instruments can be interfered by other financial state so for me bitcoin is the best currency and it is long lasting because the bitcoin currency is using since ten years so bitcoin is more trust worthy.
4129  Economy / Economics / Re: Is it better to save money or invest it? on: August 29, 2017, 02:39:49 PM
never invest more than you could afford to lose.
mainly i believe in saving more than in investing.
I would like to invest my money instead of saving and making no profit so it is good to invest your money and earn good profit without doing any hard work. Well the bitcoin currency is not for loss I think because I have never heard about bitcoin loss. A lot of people invested in bitcoin and they did not loss even a penny bitcoin has become worldwide currency that made everyone earn good income and make profit is the good point if the bitcoin currency so it is good to invest in bitcoin.
4130  Economy / Economics / Re: Bitcoin prices rise high on: August 28, 2017, 03:11:24 AM
Bitcoin prices are still stable at a price of $ 4000 more and have never reached a point where it is stable at a price of $ 4500. I speculate, that within a few weeks, bitcoin prices will rise in those prices, and again stabilize.
the price of the bitcoin is increasing day by day and the importance of the bitcoin is depended on the popularity of the bitcoin. The price of the bitcoin is not stable in use to increase with each entry in the  bitcoin forum and it is the most good opportunity for the bitcoin investors to invest in bitcoin because yet the price it so high but it is affordable after some months it will be double than the present price of the bitcoin.
4131  Economy / Economics / Re: Can Bitcoin also lead to corruption ? on: August 28, 2017, 02:45:25 AM
It would be more correct to say that bitcoin does not lead to corruption, but is used in it. The human greed leads to corruption, and the currency is only as a link for the implementation of a corrupt deal.
No doubt corruption has become a very bad disease of our nation. It has spoil the future of the generation and the people who are involved in corruption are very greedy and they sell the rights of the deserving people to the non deserving people and it is being happen since the bitcoin was not invented so we cannot blame the innocent bitcoin for it, if they will not use bitcoin than they will use something else so bitcoin is not the reason or it is not leading towards corruption.
4132  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: August 28, 2017, 02:29:21 AM
Most of peoplw who invest in btc and other altcoins are expecting for an increase in price. Trading is one of the things that make BTC popular so it wouldn't be if it's stable.
yes i agree the price of bitcoin is the most exciting price that can increase anytime i think if it is stable  bitcoin could not be popular.
I also agree with your opinion, if bitcoin prices stable bitcoin may not be popular because nowadays bitcoin so popular  because the price is getting up and could provide a major advantage, if the price is stable can we get profit from it ?
I think the stability of the bitcoin cannot affect the popularity and the price of the bitcoin because the price of the bitcoin is already very high but the instability is also a quality of the bitcoin so it is good for bitcoin to be unstable, the price of the bitcoin attracts a lot of people towards it and it is increasing the popularity as well so unstable bitcoin is more popular than the stable one can be.
4133  Economy / Economics / Re: If you were in desperate need for money.... on: August 28, 2017, 02:07:30 AM
  if you are really in need of money plus you have some bitcoins in your account i think you can cash with in minutes if you are really in need of money
having bitcoin in your life is not less than a blessing today a lot of people use the bitcoin withdraw process when the feel like they need some money but if you do not need the money so much then leave your bitcoin rest in your wallet so you will make good income and if you really need money for some emergency case then just simply use your bitcoin and tale money or buy something you need to buy.
4134  Economy / Economics / Re: Three reasons to invest in Bitcoin on: August 28, 2017, 01:59:12 AM
I think bitcoin became popular too because of Money transfer, were the merchants all around the world are sending money through remittances outlet. Also If you have bitcoin it is 100% you're the only one who can control it not by anyone. Cheesy
the price and the importance of the bitcoin has increased a lot and now everyone is interested in bitcoin because it is good to invest in it for large profit, bitcoin is very easy and reliable to use and it is very convenient to use so we can use it wherever we want having your own bitcoin will help you to make your future save so it is the reason that investing in bitcoin is very special today.
4135  Economy / Economics / Re: Bitcoin as a way of avoiding to change money when travelling abroad on: August 28, 2017, 01:42:50 AM
For travel, it is very good to use bitcoin, but not everywhere it is accepted and it is necessary to plan your trip so that later you can not find yourself in a difficult situation without the usual money.
bitcoin is for sure very good to take with you while traveling because it is easy to carry huge amount of bitcoin through your hardware wallet and you can use it wherever you want the price of the bitcoin is very high and it made bitcoin the world currency bitcoin is being use in a lot of countries as legal currency and they are accepting bitcoin as t traveling fees or you can buy ticket of the air traveling of any country easily because it is very famous and popular now.
4136  Economy / Economics / Re: When will more retailers accept Bitcoin on: August 28, 2017, 01:32:24 AM
I think that this will happen soon, because taking bitcoins by sellers will lead to higher prices for goods because of high fees. For small purchases, this decision will be very unprofitable.
Yes this condition is not very profitable, so try to buy maximum amount of bitcoin or if you want to sell then try to sell maximum amount of bitcoin, because in this way you fees will no effect you profit and you will get what pretty much secure future for you bitcoin, and I hope sooner when retailers accept bitcoin then this profit margin will increase further more.
yes the price of the bitcoin is increasing very fast and we can make good income through it. Selling your bitcoin can make you earn money but for it you need to keep an eye on the price of eh bitcoin sell it only when you see the price of the bitcoin is very high than the price you bought your bitcoin so it is a good source of income for the investors and the traders. Bitcoin is now accepted by a lot of countries and they are trying to make it legalized currency so bitcoin is very important for everyone equally.
4137  Economy / Economics / Re: Bitcoin can not replace fiat on: August 27, 2017, 06:59:25 PM
Yes, got you intrigued, didn't it?

Bitcoin is a very good thing to have as an asset. Just like gold. Even better if I may say. It's secure, and unlike fiat money it actually exists and work is put into it to produce it. This makes it great to store value.
However, it cannot and will not replace current fiat money that the entire world it using. It just cannot.
Take paying a cup of coffee for example. To pay your coffee with bitcoins, one must get bitcoins first, either by mining or buying bitcoins with other kinds of money (*cough*fiat*cough). It ends up being a quite complicated process, don't you think?
Until we reach the point where paying for a cup of coffee is as easy with Bitcoin as it is with cash, we will never get mass adoption. And as far as I see it, there is no way of simplifying the acquiring of bitcoins.
The bitcoin can't surpass the fiat currency for sure. Bitcoin has not enough power to replace the fiat. Fiat currency and Cryptocurrency has many differents. Bitcoin is strong but it is not enough to surpass the fiat money.
It is not about surpassing each other, it’s all about their uses and functions. Both types of currencies have their own pros and cons. Though bitcoins are more profitable than fiat but still many people will love to deal in fiat because of convenience. Still there are species that don’t like technology. I suggest stop comparing these two, both are essential for the stable economy of the world.
4138  Economy / Economics / Re: Cashless society on: August 27, 2017, 06:50:41 PM
Have you ever wondered how would the world's economy be like in the future as a cashless society?

Perhaps, with the increased traction of blockchain acceptance nowadays, could lead to the creation of digital fiat currencies powered by blockchains that are managed by governments themselves. With this in mind, there would be no need for physical cash, as digital fiat currencies would provide many advantages such as quick settlement, global payments, full transparency, implants use on citizens to make payments, and more.

If this becomes a reality, which I'm sure that it will, it would radically transform our lives for the better and reduce criminal activity as a result of the full transparency and auditability that a digital fiat currency would have thanks to the power of the blockchain technology.

Also, it makes me wonder if cryptocurrencies like Bitcoin would exist by that time, or will they co-exist with digital fiat currencies.

Nevertheless, I would like to know your opinion about this.  Wink
I think that the cashless society that we are imagining is will become true. We all know that the bitcoin has really potential and for sure most of the people in our society will accept the bitcoin as our daily payment.
This cashless society will be just possible in developed countries. Those countries that are already enjoying the perks of bitcoin trading and transactions can only imagine a complete digital society. The developing and under developed countries are far away from this thing. Besides I believe fiat and digital will work side by side in near future.
4139  Economy / Economics / Re: Best way for steady income on: August 27, 2017, 06:31:09 PM
The most stable income is work. Investments and trade are not very stable and constant income and require a lot of patience to achieve really positive results.
working is very important no matter you have bitcoin or not but! If you are using bitcoin as a side job then you are going to rock in the future because you will have a lot of money and you will be able to spend your life easily. Bitcoin is a good source of income you can make money through a lot of ways such as investing, trading, and mining trading is a bit risky and it will take slot of time to make money for you so it is good to invest your money in bitcoin and join signature campaign for good income and search for some job as well.
4140  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Vs Bitcoin Cash on: August 27, 2017, 06:13:59 PM
But bcash will only be regarded as altcoin,, now only serves as a medium of exchange and there is no potential, I see this coin will sink at the end of the year because in the end traders choose back on bitcoin or ethereum as ruler, now bcash keep moving because still dominated fish Whales so can quickly jack up prices.

Too early to predict the demise of Bitcoin Cash. And I am also not sure about whether we can call the currency as an altcoin or not. They didn't split the original Bitcoin Blockchain, but they cloned it. Until August 1, all the transactions and the wallets are the same.
bitcoin was launched in 2009 by satoshi and the original blockchain and the bitcoin cash could be having only satoshi who invented bitcoin for the need of the online payment service. The transaction fees are the issue of the every second person. If we look at the price and the demand of the bitcoin then we will be able to see the difference and the qualities of the bitcoin so I think the price and the profit can easily hide the problem of the transaction fees.
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