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4281  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a source of income? on: June 23, 2017, 05:44:42 PM
Today many people rely on bitcoin, in the sense that they are now focusing on the world of cryptocurrency, leaving their jobs

Is there something like this, is there any special tips because i want to focus but not yet dare?

Well if you think you are not ready for it the don't you could just ruined your life because of it,
What if this crypto currency began to fall and you don't have a job,
Or if you lost all of your money in the internet and you don't have a job how will you deal with it?
This is why I still think it is too early to put everything in cryptocurrencies, right now the market is still very young dedicate some time to it but don’t make it your main occupation yet, even if you are able to earn more money with crypto, it is better to keep your options open that way if things go bad you still have something like a job in which you can rely to pay your bills.
I think leaving your job is just a plain stupid idea without any advantage of doing that. What I mean about that is why would you leave your job on something that you earn indefinitely compared to what your job can offer which is a stable income of course. Relying on something that is controlled by big players is a big mistake because they are the ones that can dictate the market therefore determining the outcome of your income.
4282  Economy / Economics / Re: What is the problem with centralized currencies? on: June 23, 2017, 08:36:57 AM
Counterfeiting is not a main issue of Centralized currency but when you think of it Bitcoin also has a problem being volatile. They have their own advantages and diadvantages and both are not their fault but the users who wants to take advantage for the both of them. Actually wihout Fiat Currency a country's economy is nothing.
4283  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: June 23, 2017, 06:39:30 AM
Bitcoin Bank the idea is good, but this plan will not work out. If you want work out, this idea means the first thing you need that your government will accept Bitcoin as a legal currency. First, solve this problem after words we can discuss Bitcoin Bank. Till that, this is a unnesssory discussion.  
I don't think that the concept of left bank suitable with bitcoin. Source bitcoin always have a certain amount. Bank bitcoin will act as how? And how to be able to manage such a currency.?
Not possible with the current banking system, bitcoin has its own bank which are the exchanges or online wallet.
I believe it has already serve us and we do not need bank to do banking or transact online.
Even if Bitcoin will be accepted legally by a country I don't think that the next step for banks is to accept is also, what banks are looking for a currency is a stable one in which they can rely on that is why they accept Fiat currency only. Imagine what will happen to both the bank and the user when Bitcoin prices keep changing and changing it will be bad for their business and your money as well.
4284  Economy / Economics / Re: Tell me your predictions about Bitcoin on: June 22, 2017, 05:14:42 PM
My predictions about bitcoin will be rhe first currency to all rhe world.that every countries will unite in one policy to be ready of every nation for the world preparation for a one world goverment.That if united nations will declaire for a peace talk,this will emplement to control and rule the world in one regulatoins fo peace and order.
although i am also sure about that bitcoin will become the only one currency of the world but  think it will take a lot of time , because currently  on japan has accepted bitcoin as legal currency while the rest of the countries are still going to think about it.

I'm skeptical of bitcoin as a common currency around the world, money must be regulated with interventions from the parent country in order to remain stable in the trading market. Bitcoin is not able to manage all that, so there is no gap that can be used as bitcoin as a fiat benchmark.
I think what you are expecting is too much. I don't think that Bitcoin will be the solution of all governments to unite in one kind of government. I don't also think that it is a good idea on having one man run the whole world. Plus everything will not be balance as Bitcoin is a decentralized currency in which any government does not have complete control of it, how do did you think it will be an official currency of the world in the first place?
4285  Economy / Economics / Re: What will happen if we use a one currency only? on: June 21, 2017, 03:20:57 PM
I don't think that is a good idea because one nation can affect the rest of the countries in terms of economy, for example the minimum wage of another country is much bigger than the rest of the countries because of the standard of living. Also it can be vulnerable to crimes because a syndicate can target one country that has a weaker national security in which they can steal all of their national budget in their own ways.
4286  Economy / Economics / Re: Bitcoin reduces unemployment on: June 21, 2017, 11:57:24 AM
I do not think so. Bitcoin can become a small additional income, but it is now very difficult to earn.
I have to disagree with you, It is not hard to earn Bitcoin you just have to know where to look at it in the right place. This website is not the only way to earn Bitcoin, trading and mining is one of the best ways to earn Bitcoin if you have capital for buying Cryptocurrencies and the hardware to mine. Trading is actually good you will gain more knowledge if you read in the Trading Discussion and Altcoin Trading sections of this site.
4287  Bitcoin / Bitcoin Discussion / Re: Does Bitcoin really need an ATM? on: June 21, 2017, 10:37:54 AM
Bitcoin does not literally needs an ATM. However, having an ATM for Bitcoin would give convenience for its users. Just like banks across the world, do they need an ATM? No. ATMs are just made for convenience of the users and not to cope with their needs. That alone shall answer your concern, simple and without any complexities.

Bitcoin ATM will gave convenience for all of us because transaction will become much easier and more faster rather than creating cash out from third party exchanger. I believe soon it will happen in the whole wide world bitcoin becoming popular in every country that it emerge because of the high probable income year by year it goes up.
It gives convenience alright but when you look at it the exchange rate or their conversion rate is to unfavorable for you, which means you would get less then what your money is really worth. That is why you need to pick up a good wallet service provider in which they are the ones buying your Bitcoin through your wallet. With that being said I would prefer the wallet exchange rather than the ATM exchange.
4288  Economy / Economics / Re: Coin market caps vs. National GDPs on: June 21, 2017, 06:34:20 AM
And what is your point about posting a comparison between the 2? I think that it is irrelevant because GDP only measures all of its total domestic product while we all know Bitcoin and other cryptocurrency is  calculated by volume and price alone which is not fair because it is use worldwide. I don't think that comparing the two will give you any debate about something.
4289  Bitcoin / Bitcoin Discussion / Re: How did you first hear about bitcoin? on: June 20, 2017, 11:07:27 PM
I just readup about it in a article online but i guess around just a year so already to late to invest and get a good profit so maybe its all because im thinking that it is just a waste of time but i waste a god opportunity to invest in bitcoin but i guess still not to late for me.
Judging from what I am reading in the recent papers some of the members here first heard Bitcoin in a newspaper, article, or journal which you won't have from the past years, what I mean about that is Bitcoin discovery most often occur online but with its recent developments Bitcoin now has grab the attention of the media in which has contributed to the new demand of Bitcoin in the recent period.
4290  Economy / Gambling discussion / Re: What keeps you coming back??? on: June 20, 2017, 04:36:37 PM
Maybe for most of us here Its simple reason why coming back and play again on some gambling site even lose or win, for my self its because they had fun games, my betting/gambling addiction, being greedy after make big win, killing my time & sometimes because they had great routine promotions..
It is really entertaining at the same time addicting. What I mean about that is every time you bet their is always a possibility you will win and double your money, the problem with that is their is also a possibility that you will lose meaning your emotions when winning offsets your emotions while losing, with that kind of cycle you will only notice it if you don't have any money left.
4291  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: June 20, 2017, 02:59:14 PM
Other people prefer bitcoin over fiat because they invest in bitcoin and wanted to grow their investment. Bitcoin grows daily and anonymous thats why some people use bitcoin over fiat. While fiat is used to buy goods and services. But still  opt to choose savings bitcoin than fiat.

Yes it is true, you can invest a small amount of bitcoin compared to fiat.  Plus the fact that having bitcoin or earning it is much convenient and easy compare to fiat.  But if you wamt convenience, choose fiat to buy things which you needed in your daily life as bitcoin is not yet recognized in some places.
I think it is safe to say that Bitcoin as of now is really a good investment compared to what you will earn in the Forex. Because Forex really need a lot of skill and info about everything, while Bitcoin investment is always about buying near the bottom and selling near the high. With Fiat currency I don't think that their is a bottom or a high because they are so stable.
4292  Economy / Economics / Re: Bitcoin prices rise high on: June 19, 2017, 11:37:51 PM
Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

I think it is. The price of the bitcoin is the reason why many people are now focusing  in the cryptocurrency world. It is very good to invest your money to the btc. The progress of the bitcoin is always rising.

Yes, people are now getting to know Bitcoin and its uses and that demand for acquisition of a few bitcoins into the wallet here or there is increasing the prices like crazy and we are gaining more value than anticipated for this year.
I think it is because of the Japan accepted bitcoin for the state so the value increased more higher. we have to work that more and more countries adopt it for their use so that the price increase more higher.
I don't think that the price is only the reason why people are shifting to cryptocurrency. I mean most people that I talk to is they think Bitcoin as a way of earning money online, which is true if you know where to earn in the right place. There are certain features that Bitcoin has that makes it attractive to new users and I think the ability to earn more of it online is one of them.
4293  Economy / Economics / Re: Bitcoin's price is so volatile right now! Why should I even hold? on: June 19, 2017, 11:20:58 PM
You must take advantage of the volatility, by that you must be buying and accumulating Bitcoin when the price is low or is near the support line in which will act as a safety net for your investment capital. Volatility is nothing to be scared of because it what's make profit from Bitcoin, yes I know a lot of you are after a stable Bitcoin but that's what you get when no one controls the currency except for Big Players.
4294  Economy / Gambling discussion / Re: 2016/17 NBA Season on: June 19, 2017, 01:47:56 PM
Lebron not leaving cleveland he left once he not leaving again, he will def try to get more help for next year, plus he is in the eastern conference he has a cake walk to the finals every year, why would he put himself in the west makes no sense.

Exactly, he'll fancy his chances in the eastern conference wilhich guarantees him a final spot than risk not making the finals at all if he leaves for the more competitive western conference. I think he's not leaving unless for some strange reasons. I believe he will rather stay and have his team strengthened
I don't think that is a good move for a man trying to be the Greatest of All Time. By leaving Cleveland for another team he will only prove haters are right that he is no better than Michael Jordan or even Kobe Bryant. So what I am seeing is he will just lure players to the team. And from what I am hearing James Harden and Paul George are in Cleveland's radar which means this offseason will be big if they are successful.
4295  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: June 19, 2017, 12:03:25 PM
I'm sure one days bitcoin will make banks disappear and take over the function of fiat money.
Making assumptions or guesses without proper reasoning will surely make your statement invalid. How can possible a non-government controlled currency make banks disappear? Surely any country's government will surely take action before that happen. A cryptocurrency controlled country will surely have bad effects in many ways such as abuse of privacy and security.
4296  Economy / Economics / Re: BTC is a roller coaster on: June 18, 2017, 02:50:44 PM
I am not a tycoon but what I see in the market today is that the Roller Coaster ride is not yet over, and I don't think it will stop in the future either. That is what you get when a currency is not controlled by the government it always is vulnerable in price drops that are cause of profit taking and bad news. So traders are taking advantage of the volatility, it is better if your join too.
4297  Bitcoin / Bitcoin Discussion / Re: Man Robbed at Gunpoint for $1,100 Worth of Bitcoins in Brooklyn on: June 18, 2017, 01:06:46 PM
Well anything that has of value will always attract criminals to take advantage of them. Unfortunately Bitcoin has attracted a lot of them in because of its features like privacy and security leaving no trace but the wallet address. But don't get me wrong, Bitcoin as a currency is not bad at all the only thing making it look bad are the persons transacting with it.
4298  Bitcoin / Bitcoin Discussion / Re: What if, we advertise bitcoin on T.V.? on: June 18, 2017, 10:43:21 AM
I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?

Bitcoin has been mentioned by every TV channel many times already but the amount of time devoted to it is negligibly small compared to other news that's why most people forget about it the next minute. There are videos on Youtube advertising Bitcoin and everyone can watch them but even the most popular video about Bitcoin has less than 8 million views because most people just don't care, they think they don't have time for exploring such things.
Like what I said before you don't advertise payment methods especially currencies, no fiat currency has ever done that why Bitcoin? The only thing that television will contribute to us is the media attention, having a good news like a country accepting Bitcoin or a sudden price growth of it will give consumers the attention we need for them. And let us hope that attention will equal to an increase in demand.
4299  Bitcoin / Bitcoin Discussion / Re: Give your child/ren a bright future! on: June 17, 2017, 03:30:12 PM
To all parents and soon to be parents out there,

Plan for your children or future children by saving Bitcoin for them. Buying them bit by bit would be a great investment for the future of your kids. I am saying that you must have a new wallet for your kids so that when they come at the right age, you can give them that wallet and imagine how bright their future will be. You can hold bitcoin for their education, life plans, or whatever you think of.

I believe that if you start storing bitcoin for them now, a bright future is ahead of them  Wink
Actually, giving bright future in your children is the most important duty of parents. Furthermore, by using bitcoin you can give your children a bright future because bitcoin is money like real money that you can save and use in buying things that need of your children. As of now saving bitcoin is very effective.
I still disagree with your statement, for me giving the children a bright future is about the parents itself saving Bitcoin and later on using that money for investment, which means parents to maximize their earnings they should be putting up a business in which they can make a profit for there kids to have a bright future. And later on teach them on how to save and invest on there own for their future.
4300  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][SNC] SunContract - Decentralized Energy Market on: June 17, 2017, 06:38:26 AM
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.
I think the government will not be a bigger problem for that project because they are using this system as a way to collect funds for the project and the token is working as the shares of the investors which I think is legal for any government.

I think is there has no problem with token or shares. the energy market is very sensitive. In many countries, you have big taxes through which the state controls GDP, and they do not like a lot of innovations in this sphere especially with the decentralised market. Project like SunContract is for future, and i think 3-5 years is minimum to become applicable
to me in my country there is intense need of this project. because we have too much electricity shortage and specially in summer when the temperature raise to 45+ C. the situation become more complete because of the increasing demand of electricity. i am sure that this project will be on top in my country.
We hope that this project get a bigger success and this project reach to every needy country of he world for electricity. In the start I think they are limited to a few countries and then they will reach to other countries up to which I know but right now we can get the profit by participating in their crowdfunding.
Yes it really need to invest in their ICO because if we will participate more in this project then this project will become more stronger financially and if they will become more stronger financially then we hope that this project will give benefit to more part of the world.
I hope that this project will get their success and it is sure that this is provided for all of the world. We will get the benefit from it by two ways one by investing in this project by buying their tokens and the other benefit is that this project will reach to our country to benefit us with that technology.
I agree with you, I am studying about this project from a longer time and after reading about the planning of the developers and after reading about the response of the people to this project it convinced me to take part in this project and now I am confident that this project will bring a good fortune for my finance.
Not only India is the target market but other developed countries as well. Have you seen the floating solar farm of China? Which produces more than the floating Solar Farm in London. Many countries are shifting to renewable energy because they know it is better than fossil and coal energy, that is why in the long term it can be promising for this project.
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