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421  Economy / Speculation / Re: Will Bitcoin die soon? on: June 09, 2017, 10:53:17 PM
If you use blockchain, your transaction may take more times than previous record. I have got confirmed my unconfirmed transaction after 8 days. I don't think Bitcoin will not die soon.
Lol I also use blockchain and I've also experienced a very long transaction time and it really makes me angry. If this condition continues, then the bitcoin tagline such as the cheap fee and fast transaction will be lost, and bitcoin will lose trust and die


Sometimes it happens when there is a large crowd on the blockchain transactions and at that time if you will pay high fees then your transaction will be completed sooner. There are also some sites which provide the service to accelerate your transaction of bitcoin like viaBTC.
422  Economy / Exchanges / Re: Yobit.net fees is too high (0.0015 BTC) on: June 09, 2017, 10:38:57 PM
Oh that is very high fees now. A few days ago when I checked then the price of them was increased from 0.0005 to 0.0009 BTC but this time they increased very high. I think 0.0009 BTC was enough for them to keep their fees of withdrawal as already many people are leaving them and now they increased the fees.
423  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: June 09, 2017, 09:40:38 PM
I dont think so bitcoin is just in the internet,, internet money like.. dollar is hard money that can use every time,,, it is a cash you know not like bitcoin that need a transaction to send some money. and also dollar is more popular than bitcoin many people doesn't know about bitcoin so that it can't replace the dollar.
Yes bitcoin for internet but you have to know that in any place where international business exist internet also exist and like dollar we can also use bitcoin at any place and the transactions of bitcoin is also very convenient like dollar or we will say that bitcoin transactions are more convenient than dollar.
424  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][SNC] SunContract - Decentralized Energy Market on: June 09, 2017, 09:14:49 PM
India is a booming market for renewable energy, many wind farms and solar grids. Now this question might sound utterly stupid, in India renewable industry comes under Ministry of New and Renewable Energy, means the government should be on one end of the contract as a supplier, right. And if that country has not legalised BTC or ETH, that would be tricky.
This is exactly what i mentioned earlier in this thread,there will be legal issues and many paper works to be done to make this project a reality and it might take a longer time for everything to settle down because it is not that easy to get the paper works done pretty fast particularly if a government is involved,legalization of bitcoin or ETH is another chapter.
This project is started by very genius personalities and they may not have forgot to find about that type of project from government. Every person when think to start a project like that then they hire a lawyer for that and according to the advise of that lawyer they implement everything.
425  Economy / Speculation / Re: Will we ever see bitcoin lower than 1000$? on: June 09, 2017, 09:10:42 PM
I dont believe we will anytime soon the bitcoin going lower 1500 dollars, soo for me the 1000 dollars has becamed a dream, something that i really doubt it will happen, the demand of bitcoin is growing, the legalization into Japan has made already a big impact over bitcoin.

It's possible and it's not. It's possible to become lower than $1,000 again when a lot of whales will take some profit at the same time. That will lead the supply of bitcoin to have many in the market and it's not possible. Since those whales are making the price higher they want it to stay at $2,000 and have new floor price.

Umm, no it's not possible. It need a massive whale to drive the price down until below $1000 and it's not like the demand for bitcoin is small. They will lose money if they try to drive the price that far. The only thing that can drive the price that far is bad news, maybe banned by all country.

We can't read the minds of those whales, they are doing crazy things suddenly. But as of now, the price is reaching a new floor and we are still not at the ceiling.  With the bad news that can lead bitcoin to be banned in some countries but I doubt it will happen as there are some initiative from other countries adoption of bitcoin and declaration it as currency.
Now bigger countries are going to involve in bitcoin and you can see the marketcap is increased very higher so I do not think that now whales will be able to manipulate the price that much if they will then they will manipulate a little. In actual the strength of bitcoin is now distributed and people can manipulate the price if they will  stay with bitcoin then bitcoin will go for better.
426  Economy / Economics / Re: Is bitcoin now the strongest currency in the world? on: June 09, 2017, 08:37:12 PM
Bitcoin is most powerful and most successful digital currency, but not worth conventional money issued by government. Bitcoin will greater value in the future but remain as a digital currency.
Yes bitcoin will remain as a digital currency even in the future and the reason is that it is invested for to work on digital businesses because now the world is shifting to digital means and everyone will prefer the digital way of businesses and other dealings etc.
427  Economy / Economics / Re: Bitcoin or gold? on: June 09, 2017, 08:20:20 PM
I' do both, but take bitcoin over gold simply because I'm a pyschic and I see that in 10 years, Bitcoin would be worth 100million each.


Yes I think that bitcoin price would be going to increase after more than 5 years. But I believe that bitcoin and gold are almost the same with each other so I think bitcoin and gold are good to have.
I do not think that bitcoin and gold are almost the same but there is a great difference between bitcoin and gold. Bitcoin is a more beneficial and profitable asset than gold. With bitcoin investment a smaller investor can become rich while in gold smaller investors cannot invest and the bigger investors will need to wait for dozens of years to earn some profit.
428  Economy / Service Discussion / Re: Storing on Exchange vs mobile? on: June 08, 2017, 11:20:17 PM
I know none of them are optimal. But if you had to choose, would you store your coins on an exchange or on a mobile wallet?
If I will have my money allocated for trade which will be my capital for a particular trade then I will keep them in an exchange on which I will do the trade while if I will have my own money in bitcoin which will be for my use then I will prefer a mobile phone bitcoin wallet for getting access to them anywhere with convenient.
429  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][SNC] SunContract - Decentralized Energy Market on: June 08, 2017, 11:12:16 PM
The project is gaining a lot of popularity now and i really love the concept. This can be one of the most promising project so i really am interested in investing my Bitcoins in the ICO. Waiting for the ico
Many people including me are waiting for the time when their ICO will start and I wish that they start their ICO with a discount in the start as it often make us more benefit when we buy the tokens in the first week when there is often more than 30% discount. This discount is often a fixed profit for us from the start.
430  Economy / Web Wallets / Re: Xapo fees is too high. on: June 08, 2017, 10:57:08 PM
I was a permanent user of xapo but after they imposed the miners fees I also noticed that their fees is very high than any other wallet or than the normal fees.  think it was their older calculation which they were paying for the members and now they want us to pay the same as they were paying.
Maybe they would pay the same fees but they were able to pay that much fees or they may pay lesser and now want the members to pay high to speed up the transactions more. By they way they do not have to decide for the fees but they have to give the members the option to write their own fees while transacting the money.

I dont think that they will do this because in this case some users who dont know how much to put transaction fees on each transaction. but even the other exchanges are also charging flat 0.0015btc as transaction fees for any volume of transaction. so now they are getting chance to earn back what they use to send in free.
I think we can see on the explorer that how much fees is paid for a particular transaction so xapo if will charge any fees then they will pay all of them for the transaction as they say that it is only the miner fees deducted from them and so they will not defame their wallet by getting some money from it.
431  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: June 08, 2017, 10:37:02 PM
I have think of it and i have save up bitcoin just a the small amount because i have plans for it to have fun like travelling didn't even save it for future purpose. so i wanted to know what are you going to do with your bitcoin if you save bitcoin. Why do you save bitcoin for? and why? what is the purpose why you save up bitcoin to your wallet and not to spend it.
I basically just save all of my Bitcoin. If I spend it for fun, I feel extremely hurt because I just used a bit of my Bitcoin, and the price is still going up. However, I do sometimes use my Bitcoin for fun. But only when I really need to. Otherwise I just use paypal or my debit card.
This is a time when we have to think for the future and as you said that if we will spend them for fun now then we will be hurt because at this time we can get a high benefit from bitcoin if we will save them in our wallet for the future as in the future it will give a high profit to us and our family.
432  Bitcoin / Bitcoin Discussion / Re: Stop Calling It A Bubble. on: June 08, 2017, 09:34:40 PM
I also do not call it as a bubble because I know it is a real increase in the price of bitcoin because of the increase of the real users of bitcoin and a bubble occur when there is a news of price increase to a specific value and people are waiting for that price and everyone sell panic at that stage and the price drop down again. But this time it is not the situation of bubble but people like and are adopting bitcoin for their living.
433  Bitcoin / Bitcoin Discussion / Re: What do you like best about bitcoin? on: June 08, 2017, 09:21:24 PM
What I like most about bitcoin is its unstable price, because we can take advantage of that unstable price. I think almost everyone just uses bitcoin as a tool for the rich
Yes its unstable price feature is liked my many people especially the traders because the traders often buy at lower price and sell at higher price so they like the ups and downs in the price of bitcoin but I think merchants will like the price to be in stable as they will put majority of their money to continue their business with bitcoin.
434  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs altcoins, will they survive? on: June 08, 2017, 09:10:00 PM
It all depend on their work. If they will work like a currency and they will provide some benefits to the people like bitcoin is giving the benefits and if these altcoins will be used for different services and some online shops will come to adopt these altcoins then they have the chance to survive for longer.
435  Economy / Web Wallets / Re: Xapo fees is too high. on: June 08, 2017, 08:53:49 PM
I was a permanent user of xapo but after they imposed the miners fees I also noticed that their fees is very high than any other wallet or than the normal fees.  think it was their older calculation which they were paying for the members and now they want us to pay the same as they were paying.
436  Economy / Economics / Re: Bitcoin or gold? on: June 07, 2017, 11:46:26 PM
I choose bitcoin over gold. Bitcoin is now much valuable and profitable both short and long term investment. I guess gold is now left behind by bitcoin with its rapid rise of investors.
Gold is really left behind by all of those investors and traders who now know to trade with bitcoin. Only those  people are trading in gold who do not know about bitcoin if they will also know about bitcoin then they will also start to invest in bitcoin.
437  Economy / Economics / Re: The best time to invest. on: June 07, 2017, 11:43:00 PM
No one knows what will happen in the future and nothing can change what has happened in the past, the best time of investment depends on how long you want to hold it if you want to hold, the long term better to buy now and for the short term it's better to wait for the bitcoin price to go down, because now the bitcoin is going up there might be a dump like that happened last week.
This might isn't a sure thing but as always don't buy with high price always try to buy at dips .If you will buy bitcoins it is much better to hold in long term for future .The best time to invest is now if you can afford and wait some dips for assurance that you will not bought at high price .
Now the price of bitcoin will not go down but it will increase more higher so it is better to buy now no matter at which price bitcoin is now available. If he will invest now then he will earn the profit and if he will deny now to invest then in the future he will regret.
438  Economy / Economics / Re: How to teach kids about Bitcoin? on: June 07, 2017, 11:35:09 PM
Kids ? We can give them introduction about bitcoin but they are still kids. When we say kids, it is 4 to 10 years old and by that age they just love to play with their friends or their gadgets and earning or joining forums maybe their are not interested. Yes, there are some matured "kids" especially those who came in other families that has a possibilities to get interested about bitcoin by just knowing that he/she can earn money through bitcoin.
to me i think they have still nothing to do to know about bitcoin.  although kids normally use fiat currency, but bitcoin is still not available to be use in local shops therefore, therefore they do not need to learn about bitcoin. to me when they will become grown up then they should learn about bitcoin how to use it.
But it is expected that a time will come when everyone will deal in digital means and every thing will be available through digital means so for preparing your children for that age you have to teach them from the beginning about bitcoin and train them for its uses.
They can teach at that time but if someone will teach their kids from now then it will be better for them and for their kids as in that time their kids will be on the front line in the field of bitcoin and they will be more expert in its usage in the market.
439  Economy / Economics / Re: So, you want to be rich? All of you ? on: June 07, 2017, 11:27:11 PM
The human beings will never run away from their needs so if they all will be rich then it will not mean that they will lose their hands but they will do what they will need for their happy living so they will not deny from what they were doing for others or themselves.
440  Economy / Economics / Re: bitcoin provide income on line? on: June 06, 2017, 07:17:07 PM
That is the fact, bitcoin provide income on line is a real and much happening, I see many of my friends buy cars and build houses with bitcoin they get. I am quite disappointed in myself for not participating them a few years ago, because my busyness as an office I do not have much time to earn bitcoin
If you have realized that the earning from bitcoin is bigger than what you are earning from your office job then you have to take the step now to leave your office job and to start earning bitcoin by doing different jobs available with bitcoin.
Yes if he know that the earning with bitcoin is high and he do not have time because of his office then he have to give full time to bitcoin. There are a lot of opportunities with bitcoin to earn money and because of that his friends are now the owners of cars and houses. That person will also be millionaire with bitcoin.
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