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4321  Economy / Economics / Re: Can bitcoin improve the economy of a country? on: June 13, 2017, 01:15:56 PM
Now this is not yet so popular to use it on a large scale in most of the countries. I think that after some time  maybe few years this situation will be changed.

I think even it is not yet a popular currency, it can still help a country improve their economy. Big help comes from the small things that a people can do, so even if they are just earning and using it little by little, they are helping their country little by little too, which makes it a large scale if many uses it.
I have not seen anything prove that bitcoin is helping a country on improving its economy. It only helps people who want to change and easily adapt to new technology because they can make money from bitcoin. And it is very good. I do not think that half 1/4 countries on this planet will accept bitcoin

Bitcoin is a popular asset to people who usually use the internet, the thing is, bitcoin give them profit, and also they can earn money without investing any of their money, but just their time. So, if the government is printing few money, and many individuals are earning bitcoin, converting it to fiats, the money in circulation wws being added. That is just like a guy who works at another country and send their money to his own family.
4322  Economy / Speculation / Re: Would you get in now? current price approx 2700 on: June 12, 2017, 09:53:49 PM
Today is crazy day in markes

went from  2900 to 2100 and back now at 2600

Insane trading, shorting, ICO, all kinds of stuff

Any price is good to get in, but hold steady after gettng in
Dont sell for losses
That is how volatile bitcoin is, though I am wondering why did it pump and then it starts to dump quickly, I can't think of a reason why but I am thinking because some of the users sold their bitcoins. Now the price is at $2600 and it is like threatening the users again to ho up where it dumped, but still, we don't know.
4323  Economy / Speculation / Re: 3000$? when? on: June 12, 2017, 02:21:59 PM
Pretty much all coins are in the red except ether. This coin is becoming quite the pain in the ass for me Cry
The ether bubble has gotta pop soon.
Last night many times we hit 2998.98 on coinbase. Sooo close

We still don't know why bitcoin is not breaking into the $3000 price wall, but we all know that it will, it just making a huge swing before it strikes. We can't just say that the price of ether is just a bubble, and I think that is a good thing because these is the first year where bitcoin has it's own rival. Most of other digital currencies can't follow bitcoin.
4324  Bitcoin / Bitcoin Discussion / Re: Bitcoin may not be number one for long on: June 12, 2017, 12:00:52 PM
Ethereum has a brighter future

With it's network split the last time, it became a popular digital currency after that. We can't deny that it have a good future, but, bitcoin will be bitcoin, it is still the original and where people used to it. Bitcoin may need an improvement, but even though, bitcoin is still at the top of crypto currency.
4325  Economy / Economics / Re: If bitcoin price is $10.000, will fiat be worthless? on: June 12, 2017, 04:48:01 AM
Well bitcoin could already hit that price this year but I don't see fiat going anywhere in the short term. In 20 years though who knows, but there would need to be some form of offline payment to replace it too.

There is no way that bitcoin will ever replace fiats or even make them worthless, even in 20 years, this is impossible, the price of bitcoin may rise more than $10000, but it will never replace fiat. And yeah, if fiat will be replaced by another coin, what will it be? There's nothing that can replace money physically.
4326  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: June 11, 2017, 04:38:10 PM
I gamble for fun but obviously my main target is always to try & win money. I never gamble with large amounts though so I guess I always have fun even if I lose Smiley

I don't get it, you gamble for fun, but your main target is to win money? Then you are gambling because you to earn profit, not to have fun. Having fun is just you gamble because it is your hobby, to pass your time, to be a breather. If you are having fun, you do not care if you are losing or winning, as ling as you are gambling, you are happy.
4327  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: June 11, 2017, 08:42:05 AM
Me at this stage i am done with fun and having fun of things,at my current age i must be able to live by myself now so i will not spend money or bitcoin on fun anymore instead focus on things that will help me in the future

But it is not that bad to make some fun while doing it right? You can't just change from the fun type one to a serious type. If you do it like that, your mind will be like be forced to be serious even if you want fun. You don't need to keep yourself serious, I also have some fun doing it, makes me excited everytime and make me pumped up to earn more bitcoins.
4328  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][SNC] SunContract - Decentralized Energy Market on: June 11, 2017, 04:29:04 AM
Sounds interesting. Hope everything goes well. It can solve electricity problems in lots of countries and also cause the rate of electricity to reduce. Now I'm interested to invest in the project and be a part of that and earn sun. I hope success of the project.

I also hope there is a bounty for these coins, I also want to have some. I just hope many other investors realize or think how good or brilliant these project is. This will not only help ourselves but our Planet too.
4329  Bitcoin / Bitcoin Discussion / Re: Scary tweet I've just read! on: June 10, 2017, 10:22:17 PM

Why don't you try using every single one of them, that is so many that even your grandson will be having a hard time continuing what you have done. We all know that private keys are hard to crack, as you can see on these site, and also, if you observed enough, you can see these is a prank when you look at it's pages, the naker of these site just literally list down the possible Bitcoin Adress and Private keys of a wallet.
4330  Bitcoin / Bitcoin Discussion / Re: ** Warning ** on: June 08, 2017, 09:00:28 PM

Some guy on 4chan claims he has access to ~22k private keys from his wallet generating website. Could be BS but worth sharing:



Narrowing down:

created in 2012
posted on reddit and 4chan
traffic increased in 2014
first 5 pages of google searching "bitcoin wallet generator"

We still don't know if these is legit man, but whoever seen these neither replied or quoted your post are searching now. And either way, the are still no reports about hacked bitcoin wallet or someone getting their bitcoins sent. This is fake man, There are many people who actually claimed these, many people that creates a code to generate private keys, but no one is still successful.
4331  Bitcoin / Bitcoin Discussion / Re: What to do with the people who don't like Bitcoin? on: June 08, 2017, 10:16:59 AM
Hahahaha  Cool Why you need to care about them?? They don't like bitcoin, ok? That's not problem... Maybe they don't know, don't care, worry about this cryptocurrency. Don't care about them!!!
One of the reasons they do not like bitcoin is because they do not understand and do not know about bitcoin. If they know the advantage maybe they will like bitcoin?


I think that is the main reason why people hate or don't like bitcoin. They will not hate or dislike bitcoin if they knew it's advantages and features, it is decentralized, it has anonymity and it is volatile, you can invest your money in it and you can have a good profit in just a short time, though it don't always happen. We don't need to put our attention to that kind of person, they can taks shit about it, but they never know what it done to us.
4332  Economy / Economics / Re: Bitcoins and Bankers on: June 08, 2017, 04:55:24 AM
Hello All,

I'm new to crypto but not new to the banking/gov game.

What are you thoughts on the bankers/gov potentially controlling Bitcoin behind the scenes putting on a show oh how they are concerned about it? 

They can print the fiat to buy bitcoins.
Its the electronic money/world currency they are so thirsty for.
The NSA has supposedly a back door to all our devices.

I think if bitcoin is the new banker currency it will explode higher as 7.5 billion people vs 21 million bitcoins means $$$$ to the early holders.
If Bitcoin is the alternative to the bankers/gov then it will explode higher as well due to the high percentage of people who want to be free from them.

Anyone who has attempted to not use the dollar Ghadaffi (gold Dinar) - Saddam (oil for Euros)  have met a swift end. 

Why are they not stopping (possible jail threats) it when they have shown they will go to extreme measures to stop competition.

Either way I see it going higher i'm just trying to get my head around why it has not been stopped. 

Thoughts?

"Thay are printing fiats to buy bitcoin"?, that is ridiculous. So you are saying they can just print money whenever they want? Do you know that the government pays for the money they are printing? And if they print more money, then the value of they're currency will go down, and they won't like that. And they can't control bitcoin, no one does.
4333  Economy / Speculation / Re: Can bitcoin hit 3500$ in 2018?  ??? on: June 08, 2017, 04:09:10 AM
Not covering the possibility, anything can happen in the future, US $ 3500 is very possible to happen. For me, current exchange rate has made me very happy. However, what I should and continue to do is earn more bitcoin from trading.

I think it might happen at 2018, or maybe at the last month of 2017. We all know that bitcoin is unpredictable and very volatile, and every year, the last months are very special to investors because it always pump that month. I think just after the month of August, price of bitcoin again will be regaining maybe break the wall price of $3000.
4334  Bitcoin / Bitcoin Discussion / Re: Saving bitcoins on: June 07, 2017, 09:44:17 AM
Unfortunately we dont have any bitcoin bank existing.All you have to do is to hold it until the value is increased very large.Or you can invest it and wait for it to grow.Do that again and again and wait for the bitcoin's value to be very big.

If you have bitcoin, you can be your bank yourself. You can store your bitcoins into your bitcoin wallet and you can manage it the way you want it to be. That is an advantage owning a bitcoin, you can manage your coins yourself. So, why do you need a reason to have a butcoin bank?
4335  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a source of income? on: June 07, 2017, 12:39:41 AM
I do trade with part of my coins, sometimes im lucky enought to have a coin and some group or news make it go up, but well with the recent raise over bitcoin value its a bit hard to get something from it, but yes its possible to get some extra income with bitcoin and crypto, since you can earn some satoshis with the free way as well put them into risk to get more coins.

I don't do trade, but I invest in some coins and projects. But what I don't get to your post is that you've said that some group or news make it go up? what "up"? you mean the price? a certain groul can't just increase a price because they like it, same as the news. If a price pumped, I think it is because many people invested at the coin you are trading. And since you said you get it for free, I think it is good if you can also put that money to some risk to gain some profit.
4336  Other / Off-topic / Re: Young people should go all in on bitcoin on: June 06, 2017, 11:19:26 PM
I strongly believe that everyone aged 20-40 should hold at least 1 btc. I dont think its possible with bitcoin distribution tho.

Sadly, yeah. I just hoped I invested on bitcoin 3 years earlier. I've invest so late in these digital currency. Well, all I can do now is save bitcoin and wait till I have one, though it will be a really long time before that. The good thing is, I can save some and while saving them, I am having a good profit out if it. Bitcoin price now is at $2800.
4337  Economy / Economics / Re: Reason why you should Buy bitcoin now on: June 06, 2017, 07:50:16 PM
Upon checking poloniex, btc price is at low right now.
I think this is the best time to buy btc  Shocked
LOL. The prices have just increased rapidly and I do not think that it is a good idea to buy bitcoin right now. However, if you are a long-term investor, now is the best time to buy bitcoin because I have the strong feeling that bitcoin will never return to this price anymore 2018

I agree, if you do not have patience, it is not best to buy bitcoin but ifyou are willing to wait for several years, anytime is the best time for bitcoin as long as the market has not been saturated.  Bitcoin current trend is bullish, we can still see another set of increase in Bitcoin price, Australia will have a big factor on the next push.

Now that lot of countries were targeting to accept btc,it will definitely pump again so save now.

Australia will be doing it so, I just hope it did. Bitcoin is still popular as it is right now, but there are still one problem we have in hand that might be another reason why bitcoin price will be dumping again, the network splitting these August. But, either way, I will be holding my bitcoin because I know after that, the peice will be pumping again and might break the $3000 price walk.
4338  Economy / Speculation / Re: BTC near $3k on: June 06, 2017, 08:32:09 AM
I think this is the ATH.  Shocked And this is awesome. Many business are leaning towards blockchain technology.

Yes, Bitcoin to almost reach 3000 USD is indeed the all time high. It is very beneficial to old investors and an inspiration for the new ones. However, I believe that we've seen just the beginning, bitcoin will surely achieve more greater heights. And as bitcoin gain so much achievements, more and more people will surely engage in bitcoin and more and more business will surely lean toward bitcoin and blockchain technology.

Old investors is celebrating now, I think, unless they've converted their bitcoin to fiats at $2500. Many investors also converted their bitcoins the time it hit the $2500 last month, for them, the price may pump or dump, but I don't think that they will regret that action, it is a big profit for them, and the price reaching that high, is a dream for them, but that time, it is a reality.
4339  Economy / Economics / Re: If bitcoin price is $10.000, will fiat be worthless? on: June 06, 2017, 06:41:34 AM
I do not believe fiat can ever be replaced as the government exist.
The government could ban bitcoin so the value of bitcoin could drop to non existent to one's country

That is right, bitcoin will never be replacing fiats, even at the price of $10,000. We all know that government will never make bitcoin their own currency because I think they would rather make their own digital currency than make bitcoin their currency. And I think even the government ban bitcoin, they will still use bitcoin, no one will never know that.
4340  Economy / Economics / Re: So, you want to be rich? All of you ? on: June 06, 2017, 02:26:40 AM
first robots that can replace human in all our activities are yet to be build. and rich people who worked hard to get rich do not just lie down all day waiting to be served. those types of people are found in the streets penniless because they do not work.

and if ever we found ourselves with infinite source of money from passive income, people still have hobbies they like to do. like some rich, old retired man retreating to farms because they love planting and taking care of animals. a truly rich person is the one who is satisfied with what he have. you can buy the whole world and still feel empty inside.



Probably we are even far from the era of having robots as workers. We are in an era where ww3 could happen. Our planet is still at risk from terrorist and we can't avoid that fact. Btc might be famous but there are a lot of countries who are still trying to adopt to modern society and have yet to manage it's industrial needs. If we need to get rich we must 1st have to at least discipline ourselves and won't be a liability to the community.

We don't need discipline, we need jobs for the unemployed, how can we be rich if we don't have a job. Mostly, they are just relying on the volatility of bitcoin, the way bitcoin changes it's price quickly in munites. But not all of the poor can earn bitcoin, also buying it, that is why, we need to make these unemployed employed. Even if a man become rich, it will not change the fact that the place where he lived in is a poor country.
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