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421  Bitcoin / Bitcoin Discussion / Re: WHAT IF the GOVERNMENT wins over BITCOIN? on: March 05, 2018, 12:32:29 AM
So as much as we can, also invest with physical properties with what you've earned. For we don't know what will happen next with our money in the digital world.

To invest in properties is always a great idea. A safe investment that doesn't lose price within time, the fiat's opposite.
And better than this would be to find someone selling properties for Bitcoins. It would be much easier to finish the deal, with maybe some discount, as BTC increases its price on long term and the seller could take this in consideration... However, I don't know if it would cause trouble with the government.

Once you have your property you are safe from government's mistakes regarding fiat (as your money isn't in fiat anymore) and in a hypothetical scenario, even regarding Crypto-Currency...
422  Economy / Trading Discussion / Re: #BTC Update on: March 04, 2018, 11:23:23 PM
#BTC Update

Well it's a good News that #BTC staying above the Resistance Line and Looks like it's on the Bullz
It needs to Stay Above 11.5K Area then we can see BTC Heading towards 11.9K to 12K Zone..
No need to worry about ALTS at the Moment b'coz Alts Session Started as we Said
ALTS and BTC Both Going Up

Thank you for the heads up and everyone can see what is currently going on but what's more important than rejoicing over this is the sustainability of the price to maintain an upward trend without which all of the recovery can be wiped out overnight that would take more time to recover. For Alts, the time the recovery is not commensurate with the increase in bitcoin for the popular ones though while the ones growing are witnessing some rapid changes.
That's really a positive sign we could see after sometime.I think that bitcoin price has got stable in the range of $11,000 and we could now even consider it as its base level.

If $11.000 has really became the new support level it's a good achievement. It gives more strength to Bitcoin resist the hard moments and gives more confidence to investors start investing heavily again. If this trend continues, we have the chance to see nice prizes that can make us remember the last wealthy months of 2017. Who knows, maybe it's the last call to $14.000-$16.000... I hope so.
423  Economy / Micro Earnings / Re: a smart way.. on: March 04, 2018, 09:47:38 PM
Any ideas? what is this/about?
they are saying that.....

http://ccez.net/

If you don't know or aren't sure about what this site is, why are you promoting it on your Signature spot already?  Smiley
424  Economy / Economics / Re: it is possible fiat currency will crashed? on: March 04, 2018, 09:35:16 PM
Hard to say, but it's unlikely that fiat will become completely obsolete, but it will definitely become far less important in the future than it is today.  It's not possible to completely replace cash in the future. Because there are still some transactions which can only be complied with physical money.

I also think fiat won't become obsolete, but less important. Crypto-Currency will rule the financial system and I don't have doubts about it, the question is if it will be done in a centralized or decentralized way. Crypto-Currency isn't something 100% done and closed, there are many different configurations that can be done with this, resulting in different consequences, but the principle for all the next innovations and technologies on the financial sector are coming from Crypto-Currency.

If fiat crashes, those who are behind this system will find a new way to camouflage fiat system via Crypto-Currency, it will look new, but it will be the same old system...

Becides many people are living in a third world country. A lot of people cannot afford having a computer so paper money cannot be replaced by any digital currency even after how many years.

Even in third world countries many people have already access to internet, in some years everyone will have the chance to access internet, if they wish. I think this is not a limitation. But there will be always some people wanting to deal with physical money, if not for necessity, it can be for whim.

And if the official physical money doesn't exist anymore someday, people will create their own.
In some cities it's a reality, they have their own physical money, useful only on the local stores.
425  Bitcoin / Legal / Re: Marshall Island will be using crypto as its legal tender on: March 04, 2018, 08:11:12 PM
Government of Marshall island is now gearing up for crypto currency as its legal tender. Currently using US Dollar as its main currency , it will be shifting to use cryptos and later this year will have an ICO for its national currency.

https://www.reuters.com/article/us-crypto-currencies-marshall-islands/marshall-islands-to-issue-own-sovereign-cryptocurrency-idUSKCN1GC2UD

This will help to spread crypto popularity but it is just a fiat-based crypto which requires users to identify themselves, so I don't think many people on this forum will be buying it.

It's true, why would people invest in a Crypto-Currency's ICO that is centralized by a country's government? And I think not only on this forum, but in general.

And that one of the goals is: "to solve the anonymity problem that has plagued bitcoin and precluded its mainstream adoption".

They would have more success by adopting Bitcoin and using USD simultaneously. I believe a local Crypto-Currency like that won't have much impact, between this and virtual Dollar transactions there isn't difference and Dollar is stronger, better.
426  Alternate cryptocurrencies / Altcoin Discussion / Re: What's effect Facebook banned will have on ICOs today on: March 04, 2018, 06:48:50 PM
Actually banning the ads icon on facebook has no effect on anything.There are many other places to promote it, do not be afraid and worry.Let the facebook do what they want, we obey it.

I'm sure it still affecting ICO project as if Facebook bans ICOs ads then ICOs project will lose a place to advertise the project. Indeed there are still many place to advertise but losing a potential place for advertisement is a disadvantage for any projects.
It is also affecting facebook income from the ads, so you cant say it has no effects at all. Other effects could be related to bounty hunters.

If it is been affected. We already found the many bounty campaigns stopped the Facebook campaigning. I do not understand whether facebook banned the ICO and bitcoin related advertisement or not.
When goes to surf on Facebook I am seeing the advertisement of many ICO projects.
Hope we can make money via FB still so no need to worry at all.

I'm not sure if they are really banning ICO advertisements there, as I see, there are still many kinds of advertisements on their platform about Crypto-Currency in general. Maybe they refrained about heavily censoring these advertisements fearing the consequences, what could boost another social media platform and decrease their influence on the internet, as people would find new ways to promote ICOs, letting Facebook aside.
427  Economy / Micro Earnings / Re: New paying faucet to faucethub on: March 04, 2018, 05:34:21 AM
Always good to see clean faucets easy to claim like this. Got 18 satoshis and I think this reward is fine because it was really fast to get the prize.

With some dozens of faucets like this we could make a decent progress from "fauceting" activity again, like in the old good times.
Now the challenge is to make it sustainable, good luck!

With service like Faucetfly it is not easy to make faucet Sustains , There is always limitations on such services. Also owner of Faucetfly too want to get some part from every faucet which uses his server. So one site share income can't sustain.

Strange that there is FaucetFly on the link, but the faucet pays through FaucetHub.

But indeed it's really hard to make it sustainable, reward has already dropped to 4 satoshis.  Tongue

At least it continues fast and easy to claim.  Cheesy
428  Economy / Gambling discussion / Re: Effects of Gambling on: March 03, 2018, 06:13:41 PM
One thing OP missed about the effects of gambling is it makes a person more confident. It makes a person feel that when he achieves his goal, the more confidence he feels even if it is just on that game. Although there are negative effects like what you've mentioned but I don't think it applies to everyone. Gambling made me a better person and learned a lot from it.
Not sure in which way this gambling can build confidence as most of the time we just loses our money, but if you think that way and you really gaining that out from your gambling activity just add extra precautions, because most of the time also a lots of stress followed when we aren't lucky enough to win our bets, better to be well aware of each effects of your gambling activity.
I agree , Confidence sometimes fail specially on gambling. We can say that you are betting on the team you support but you dont make study on the enemy of your team chosen, There will be a high chance of losing your bet because gambling is the way you risk your money on a sure thing.

Confidence has only validity if the gambler is really skilled. Empty confidence, based in pure lucky will only lead to the bankruptcy. But I agree it is one of the gambling's effects when the gambler is constantly winning during a session or during few days. It's a very dangerous effect, and as was said, that can lead to bankruptcy if the gambler is blind by his confidence that end being greed.
429  Economy / Economics / Re: Bitcoin Bank on: March 03, 2018, 04:18:25 PM
Banks and crypto doesnt have good terms. Thats what most of us think. Would it be better if there would be this kind of “bitcoin bank” where has the same function of bank but all transactions would be based on crypto ? For example
*you can buy or sell cryptocurrency legally ( because central bank approves this if ever)
*you can have this kind of secured crypto savings account who doesnt get hacked
*you can loan crypto for initial capital investment for trading and others
*you can send crypto to someones account limitless without fees.

Is this even possible? What would be the effect if the government impost this?

Yes and that already exists, it's called fiat system, totally centralized and totally the opposite of Bitcoin. You can't have all the advantages of a decentralized system and all the advantages of a centralized one at same time... If you want central bank approval, you are just wanting to use the fiat's system and it will be worthless to use Crypto-Currency, it will be the same than using "eletronic cash", fiat anyway.

And I doubt these Crypto-Currencies would still be so profitable for everyone as now if they were heavily regulated.
430  Economy / Micro Earnings / Re: New paying faucet to faucethub on: March 03, 2018, 02:09:26 PM
Always good to see clean faucets easy to claim like this. Got 18 satoshis and I think this reward is fine because it was really fast to get the prize.

With some dozens of faucets like this we could make a decent progress from "fauceting" activity again, like in the old good times.
Now the challenge is to make it sustainable, good luck!
431  Bitcoin / Bitcoin Discussion / Re: Bitcoin is just a speculative asset, not money? on: March 03, 2018, 01:42:34 AM
Each person uses Bitcoin as it better fits their needs. There are people using it like a currency, doesn't matter the volatility and transactions costs. Others use it as investment only. I think these statements about Bitcoin can't be this or that is a bit contradictory, because the main concern of many governments about Bitcoin is the "anonymous currency" question, being used by criminals...

So even those who don't like Bitcoin say it's a currency.
432  Economy / Service Discussion / Re: Genesis Mining on: March 02, 2018, 10:48:37 PM
for me its best the offered open end mining ! And this is true for me since allmost 4 years now !
my very old contracts still mining  Grin
but currently all bitcoin power is sold out but i think he is buing more graphic cards soon.

here is s promo code for a 5% discont on your order: c1jFgO

regards

Could you say the ROI in percentage you have gotten so far (in BTCs) with this contract?
433  Economy / Economics / Re: the contribution of bitcoin to the individual economy on: March 02, 2018, 09:31:27 PM
Do you think bitcoin can contribute to the economies of a country that is down?

Of course it can. When individuals have more money on their hands to spend, they help to keep the economy in circulation. It's a prosperity looping circle that is built by the individual choices of each one. It means more profit for shops that consequently will make its owners spend more in another shops and hire more services.

and by what methods to maximize bitcoin function so as to improve the country's economy?

Just let people enjoy their money, don't cut investor's profit, don't regulate it in a way the individual will have less money to spend.
Let the individual improves the country's economy by himself.

is legality and adoption needed to facilitate bitcoin performance?

Adoption is surely needed, legality could help, but it will depend how this legality will be done by the local authorities of each country.
talking about legality, every country has its own rules, because there are countries that consider legal bitcoin as currency, some say legal bitcoin is used as payment system, but not recognized as a means of payment.

When Bitcoin is legal on the country it's because rules were defined about it by the authorities. But in most countries Bitcoin isn't legal or illegal, it's not recognized as means of payment, as you said, but people can still use it without problems, some people call it grey area, and it remains this way until regulations are defined towards the currency. In my opinion that is the best status Bitcoin can have (grey area).

Since the moment regulations are created and it becomes legalized, it doesn't mean only that people will have legitimacy to use the currency and that it will be easier and safer, but that they will have to follow a series of new rules and will have to pay new taxes, in many cases it just increases the bureaucracy and the abusive tributes, so it really depends how the legalization is done to say if it will improve Bitcoin's performance or not.

434  Economy / Economics / Re: the contribution of bitcoin to the individual economy on: March 02, 2018, 06:04:32 PM
Do you think bitcoin can contribute to the economies of a country that is down?

Of course it can. When individuals have more money on their hands to spend, they help to keep the economy in circulation. It's a prosperity looping circle that is built by the individual choices of each one. It means more profit for shops that consequently will make its owners spend more in another shops and hire more services.

and by what methods to maximize bitcoin function so as to improve the country's economy?

Just let people enjoy their money, don't cut investor's profit, don't regulate it in a way the individual will have less money to spend.
Let the individual improves the country's economy by himself.

is legality and adoption needed to facilitate bitcoin performance?

Adoption is surely needed, legality could help, but it will depend how this legality will be done by the local authorities of each country.
435  Economy / Marketplace / Re: "Bitcoin mining is a Big no!" on: March 02, 2018, 05:24:33 PM
The contradiction has just one reason: Referral system. These "financial advisors" are probably trying to make some extra satoshis by referring Crypto newbies to invest in cloud minings. I have seen similar situations happening with some acquainted, people considerably well instructed being lured to invest in cloud mining believing that is the "hot" way to make profit with BTC.

One of the issues with Bitcoin nowadays is that people are being told about it by the wrong people...
436  Economy / Economics / Re: Bill Gates says crypto-currencies cause deaths on: March 02, 2018, 04:19:27 AM
Microsoft causes deaths because terrorists and drug dealers use the operational system on their computers to execute their shady activities.

Someone please tell him to close his business before more people die!
Just turn here again to see other's opinions. Wanted to say exactly the same. How this man can blame others while everything was done by using his os + let's blame intel, asus, they give us processor/motherboard.... And let's blame electricity, it's the power of every tech + let's blame air, it's what they breath to keep alive and do their shit job. Oh, this man talks like crazy.

Yes, that is the media's billionaires hypocrisy. If it's something they have control and/or influence over it's good, but if it's something out of their control, it's really bad and harmful, stay away... But I think these days people are smelling that these statements are dishonest easier than some years ago, when the words coming from these big personalities were "rule" towards the masses.
437  Economy / Micro Earnings / Re: CLEAN FAUCET, NO HIDDEN MINING, NO POP UP ADS. on: March 02, 2018, 03:09:08 AM
Indeed, clean faucet as it promises.

Claiming 0.08 DOGE (about $0,00049424) per claim, without time limits.

The faucet's model is very nice and would be nice to see it with another configurations, like higher reward and higher countdown time.

Good luck with your faucet.
438  Economy / Economics / Re: The Bank of Nigeria has a great sense of humor on: March 02, 2018, 01:01:54 AM
Many governments and their banks act like this. They don't give any example to be followed, they don't give any incentive to their citizens, they aren't transparent, but the real danger here is Bitcoin and AltCoins. They are already feeling threatened by Bitcoin and the changes it can promote... That is why they spread these notes.
439  Economy / Economics / Re: Bill Gates says crypto-currencies cause deaths on: March 01, 2018, 11:48:50 PM
Microsoft causes deaths because terrorists and drug dealers use the operational system on their computers to execute their shady activities.

Someone please tell him to close his business before more people die!
440  Bitcoin / Bitcoin Discussion / Re: Bitcoin should continue to stay in a low price? on: March 01, 2018, 11:03:54 PM
Which do you prefer?
Bitcoin should stay low, market cap not overly huge, few people talk about it, and then we earn small to revcover our loses or
Bitcoin should get the hype, price hits record high, people start to invest huge amounts, banks, media and governments get alarmed again, and then more bans, FUD, and strong regulations. Let's share ideas

What you say makes sense for me and it's a hard decision to make. We must give up the "anoymity" and confort to have high prices and high adoption, but if we want to keep flying under the radar, with must give up the high prices and adoption. Well, it's a natural process and it's out of our control, but if I could choose I'm reaching to the conclusion it would be better to stay with lower prices and consequently less attention from the media and governments...
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