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4441  Bitcoin / Bitcoin Discussion / Re: bitcoin anonymous on: February 20, 2017, 05:56:05 AM
people don't sell bitcoin for paypal because paypal has charge back while bitcoin doesn't. the reverse is the same if you sell bitcoin for paypal you may get scammed.

sending from one wallet (one bitcoin address) to another wallet (another bitcoin address) does not make you anonymous. it is as easy as clicking to find out where the coins went, and as long as we know who owns the first address we can conclude the second address may belong to the same person too.

maybe you should tell us why you want to do this long process of Paypal > bitcoin > bitcoin > Paypal so we can help you with better solution?!!
Yeah, as quoted PayPal's terms and conditions were gives complete access of reversing, which is not possible with bitcoin. Even there are several experience put forth by users who lost bitcoin just because of making the transaction through paypal. As said bitcoin is pseudo anonymous and sure it is possible to track from the starting point of the transaction.
4442  Bitcoin / Bitcoin Discussion / Re: Bitcoin as form of payment for government services on: February 20, 2017, 05:29:33 AM
It would be nice if gouverments will accept bitcoin as a legit payment,

According to the fact bitcoin still, have a lot of the problem with the government permission and bitcoin is still not become the legal payment of the government.
Based on the regulation and bitcoin is not full fill the legal criteria of the legitimate currency by the government.
Lot of other issues will get uplift if governments regulate and accept bitcoin on payment services. Bitcoin as a legal payment is possible if the traditional currency is stopped and bitcoin is circulated keeping value backing. But it cannot come to reality. So countries could start accepting bitcoin through their own digital coins as more countries have generated coins based upon the same technology backing of bitcoin.
4443  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be used by ordinary citizens? on: February 20, 2017, 05:10:22 AM
Every citizen can use bitcoin without any limitations in respect to the government. Few governments have officially banned bitcoin usage. Even in those countries people use bitcoin. The internet along with interest to use an advancement is a must to be a part of bitcoin. Also if you fix yourself as a person who move with rules and regulatory framework then its not for you. Because it has both harm as well a big advantageous part.
4444  Economy / Gambling discussion / Re: What would you do with your winnings? on: February 19, 2017, 08:14:49 AM
Usually I just gable for fun and whatever I win I rain there to my well wishers or I just cash out and save those bitcoins if the amount is significant.
Next time when you win again, don't rain to people. They just pretending to be like "well wisher" to hope they can get some rain from you (They are only beggar, i have seen many people like this). Better save for yourself or do anything else with your winning like this guy will do

I would probably re-invest most of the winnings in another business/investment

Its good to invest if you are on a winning or you probably win the game but be sure that you invest to the right thing i mean to not scammer investment site because there are so many investment that is scam so be careful.
That's good to invest on continuous winning, also making alternate betting with the winning amount is good. If lucky one can get the best earning if lucky similar to the profit got through the earning got from investing. Scam is part of bitcoin as well all other forms of investment. Even with share people get cheated, so the responsibility is with every user.
4445  Economy / Speculation / Re: Bitcoin will reach $1000 again or not ? on: February 19, 2017, 07:25:54 AM
now halving is done, but the price not touch $1000
what do you think ? Bitcoin will reach $1000 again or not ?

nice thread i found, i make it in mid 2016 now bitcoin stable at $1000 congratulation all.

Indeed, so the speculation comment that were replied here is not pure speculation at all.  Since almost all replies said that Bitcoin will reach $1000 and inded Bitcoin is stable at $1000 today has some basis and reason which is proven true.  The adoption, the new funds, the rarity of BTC and I guess it will still continue, I guess the next stop would be $1500 or $2000 at the end of this year Smiley

It is beautiful to look at old threads like this that considered not reaching $1000 ever again a possibility. It shows how bitcoin keep proving all the pessimists wrong. We will keep breaking records. Bitcoin will never be stopped. No matter how many bans and big attacks happen, the community is too strong. We will reach at 1 million reddit subscribers and we will reach $10000, we cant be stopped.
You are right. Bitcoin has faced multiple challenges since its beginnings and despite all pessimistic forecasts it is alive and stronger than ever. And this current vitality should be enough to increase our trust in this bitcoin ecosystem and rely in a promissory future.
From the beginning bitcoin has faced multiple challenges that are just to make bitcoin go down. In the mean several other altcoins got vanished. Few developers too paved path for the downfall, which too was overcome after a small price fall. This time the price will continue above $1000 throughout the year.
4446  Economy / Economics / Re: crypto is the future, make money of it on: February 19, 2017, 06:51:23 AM
I agree with the fact that crypto is the future, but there is a lot to be done on education of the people. People are afraid, they think all this is a big scam, they need to learn so much more about internet and about internet money.
Now days kids learn about programming and computers from early age, for couple decades crypto currencies will be more spread then they are now

If crypts doesn't make the future, the Blockchain technology makes the future by its presence in all sectors of real life needs. As a start now itself more digital currencies depending on Blockchain technology have existed. Not only for business needs but the usage is growing
4447  Other / Off-topic / Re: Who controls the Bitcoins? on: February 19, 2017, 05:51:33 AM
We the users along with speculators, investors, miners, developers, bitcoin accepting merchants and so many users on a whole along with the entire digital currency network control the bitcoin. In this, major role is under the hands of miners and developers.
4448  Other / Off-topic / Re: Bitcoin Talk Market Place on: February 19, 2017, 05:22:03 AM
It will be good to create a site name ' Bitcoin Talk Market Place ' Where any one can come to show their product and buy and sell all things in Bitcoin. Satoshi Nakamoto wants to sell his Bitcoin Magic Mouse to raise $200,000 Dollars to donate to a charity. He will publish an Auction Notice soon.
The domain that you've selected doesn't get the attention of bitcoin users. Already we have similar section in our forum where people can publish there own services and reach more bitcoin users than depending on other websites. The domain itself need to be unique similar to the name 'Bitcoin' to get increased traffic.
4449  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: February 18, 2017, 05:08:36 AM
Not soon , maybe 2020 or 2030 decade

We will see bitcoin massive adoption  Wink
Even on that year, Still bitcoin can't replace the dollar because fiat currencies are powerful kind of thing and most of us used to that kind of currency and it will be nearly impossible or safe to say "impossible" to replace dollar because its been here for years and nothing can beat that even a cryptocurrency like bitcoin. But we're sure that after 2020 the bitcoin will receive a lot of adoption which can helps for bitcoin to be accepted in different country but not to replace their national fiat currency.
I definitely agree with that, bitcoin's popularity is not as big as dollar's achievement. Remember that what we are thinking is to replace dollar which is created by the government, this would is absolutely run by the government and whenever they make a law, we follow. That is why I don't see any good reason why bitcoin should and will replace dollar.
As mentioned bitcoin is now getting more and more popularity but it has not reached at least 25% of dollars popularity. The growth of bitcoin is found high as well reaching peaks in a short, but dollar took historical years to get such a position. Also this long year history has given it the sustainability, so bitcoin won't replace dollar soon or after a long time.
4450  Bitcoin / Bitcoin Discussion / Re: Pros and Cons Of A Country Doing "Bitcoinization" on: February 18, 2017, 04:16:57 AM
I ran across this article http://www.investopedia.com/articles/04/082504.asp about the idea that a country abandon the local currency in favor of the exclusive use of the U.S. dollar (or another major international currency, such as the euro). They call it "dollarization" so why don't we add "bitcoinization" to the discussion?

It also talks about the idea of "pegging" their local currency to a major international currency (this differs from dollarization as it is non-exclusive use).

So, what if countries start using Bitcoin in either of these ways? There are many (hundreds) of countries, some too small to really develop "counterfeit" proof fiat paper currencies. And with the proliferation of cell phones, digital money is just more efficient so they would be able to leap frog over the whole fiat fiasco by going right to digital.

So what might countries experience if they did allow Bitcoin an equal playing field to compete with other currencies that their populations are already using? Especially the type/size country the article is talking about (smaller ones).


Read more: Dollarization Explained | Investopedia http://www.investopedia.com/articles/04/082504.asp#ixzz4YzsnBALH
Follow us: Investopedia on Facebook

Bitcoinization is not a bad idea since it can be done just like dollarization. But there are conditions that we need to do so bitcoin can be qualified to be used to all country as a replacement of local currencies. The condition of monetary circulation is the first thing and that means that the number of bitcoins in circulation is not enough to  cater the number of citizens all around the globe. Hence to make it possible we need to increase the number of bitcoin in the circulation.
That's a must to have a increased number of bitcoin to regulate the needs of the citizen. This is not a possible solution with bitcoin, because mining is taking place with limitations in the generation of coins along with halving occurring every four years. Now based on requirement if the number is increased the value it has got as well the system collapses.
4451  Bitcoin / Bitcoin Discussion / Re: The reason why people do not get Bitcoin. on: February 18, 2017, 03:34:39 AM
People don't really get into Bitcoin as much because the guys that are using it make it sound more complicating than it already is. If the regular fiat-spending people knew that Bitcoin was just another payment system then I would see people flocking to Bitcoin more.

The coin is growing in value so I would see people going into this thing more because of that fact. The price is at $1055.59 so when people realize that the price was at $0.005 the people will be more skeptical of the price rising and falling rather than the means of payment processing.
If explained as above mate that it is a payment system similar to the fiat system we use regularly people easily understand it. But the convenience makes them to think whether to use it or not, because it doesn't have a physical form as well acceptance is not widely found. So the people realizing its price difference from growth at least starts using as an investment rather than as a currency.
4452  Bitcoin / Bitcoin Discussion / Re: Bitcoin "The end of inheritance tax" on: February 18, 2017, 03:19:37 AM
If there is one Tax that really pisses me off it is inheritance tax.  you work all your life and save alittle and then the fucking government comes along when your dead and takes a cut off what you leave your kids.   >Sad  seriously fucking pissed even writing about it...   


ps: sorry for the curse words but that is how angry that tax makes me.

There are country that has no inheritance taxes but only processing fee for the transfer of rights and the only tax that you will pay is the RPT or real property tax for property but no tax for money. But in your case bitcoin can be the answer to cut off the inheritance tax. With bitcoin you can transfer the bitcoins to your son or to your dependents/beneficiary without being noticed by the state. Hence, inheritance tax will be deemed invalid.
Only few countries have such inheritance tax methods. As quoted using rather than saving the property if bitcoin is saved saved could get tax cuts. In the coming generation people give preference to bitcoin knowing its potential. No only few trust bitcoin high than property. If one has saved bitcoins and doesn't get a chance to inform, then it goes worse than paying taxes.
4453  Bitcoin / Bitcoin Discussion / Re: Time to Face Reality in 2017 ... on: February 18, 2017, 03:05:52 AM
Its the true growth that's continuing with small ups and downs. Several analysts have said that the price this time could go higher or lower based on the support it gets from the technology developers. Also its mentioned, country which regulate bitcoin officially in the country is gonna serve as the financial centre for the fintech services which in a short boosts the country's economy.
4454  Economy / Gambling discussion / Re: Tennis League All Thread on: February 17, 2017, 04:22:27 AM
On the previous match of Cibulkova against Stosur placed for Stosur @3.8, because though Cibulkova leads in the ranking Stosur had won all the matches against Cibulkova in the past match history. Finally result gave me a big loss after Cibullkova won the direct sets. In the upcoming match need to place the bet for Cibulkova to compensate the loss.
4455  Economy / Speculation / Re: Bitcoin going to 2,000 $ soon ? why not ? on: February 17, 2017, 04:01:14 AM
Bitcoin price could go any high as well can fall low. Financial analysts have calculated that the price could go higher than $3600 if SEC approves ETF. For the same several measures that support the growth too is described. At the same if ETF is scheduled or postponed we might experience a price as low as $550. Now the risk of profiting and losing happens relating to bitcoin ETF.
4456  Economy / Economics / Re: Bitcoin is no longer a currency on: February 17, 2017, 03:30:22 AM
A single coin has several usability directly which is not possible with the national currencies. Bitcoin initially is a store of value. Later got transformed to a technology development. Once again with its potential got the features of a currency without physical touch. Now people are using I similar to dollar and euro for their needs. So it can be considered as a currency. In a most popular news portal page of Germany Bitcoin is listed under the major currencies section. These too confirm it as a currency.
4457  Economy / Gambling discussion / Re: Cricket match prediction discussions on: February 16, 2017, 01:31:20 PM
Now again we have some good schedule here today Afghanistan vs Zimbabwe and tomorrow we have Two twenty 20 games for today I am going with Zimbabwe because now they have some good practice in last few months against good teams like Sri Lanka and West Indies and they are capable to beat Afghanistan at home

I would go with Afghanistan on this one. Zimbabwe have been a deteriorating side and Afghanistan have some exciting players in their ranks.
If it was a T20 match, I would be more confident about Afghanistan. But I think even in ODIs they have the capability to beat Zimbabwe.
Not too sure whom to pick but certainly right now Afghans seems to be in the driver seat. Zimbabwe have lost 2 wickets for just 36 runs and still need 180 runs to win from 39 overs which I think is very hard for them .

Tomorrow AUS v SL T20 , easy pick Australia to win the match.
Australia too is not found to be much strong, but Sri Lanka team squad is full of new players who are new to international match.  I think it doesn't look like a easy match for Australia. This too  will be a tough match with both teams trying to win placing big targets.
4458  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: February 16, 2017, 12:37:49 PM
maybe... But btc is famous because of its wavy motions. If you just hold your btcs doing nothing, you may not gain enough. Its better to try some exchanges / trades etc
Why he will not get anything if he will not do any thing with them. You can see that from the last year the price of bitcoin is tripled up so all of those who have kept their bitcoin doing nothing on their wallet then they have got a good profit from that investment.
If it does not do anything alone can make money, especially if we do trade with short-term,
buy when cheap prices and sell when it is expensive. It'll make us earn a bigger profit than not doing anything
You talking about how good the profit from trading only , without considering the risk you can lost alot!
People always lured with that way but failed in the end.
For me making money by investing long term in bitcoin always be a good idea rather than any other way & investment, why? Simply i am risk taker and i believe in bitcoin!

What you said is true, everyone talks about profit from trading but no one tells about the risk of loss in trading also, their are so many users who are in big loss due to trading in altcoin without knowing about the coin features and get scammed by scam coins,

That is why if you are earning other income then save from that and buy bitcoins and keep for long term apart from that you can earn bitcoins through this forum buy doing lot of task.
So yeaaa it is always better to invest in the long term if you have no time to trade in daily basis.
Trading required experience and skills to analyze the market and some news that could affceted.
And for those people who is too busy to just learn and looking for an experience , the best choice to make money in the long run always an investment business.
Investing into long term is a good way to make better earning,  at the same something important to be considered on the go is to make changes or sell the invested amount by withdrawing it,  because at times the price reaches peak.  We need to be careful to use the right time to make good profit out of it. Else you might feel bad if price drops during the time of withdrawal on urgent needs.
4459  Economy / Speculation / Re: Future Of Bitcoin on: February 16, 2017, 11:54:03 AM
Maybe... Maybe not. Speaking of things like a very distant future of something as unstable as bitcoin is just like shooting ducks in the night, Bitcoin can be anywhere around 20 years or more. You can't predict it or even guess. Short-term is easier and you can probably see it [like the $1000 rise].
yes no one can speak about the future of bitcoin so correction but i think we can speculate about the future of bitcoin by observing the number of people entering in the world of bitcoin. as their number is increasing day by day.

We can speculate about bitcoin to make it move forward. With the ongoing acceptance by merchants, adoption in big companies and governments planning to make regulations are making bitcoin a perfect future. Along with these several firms were creating blockchain based upon their own needs. Even its helping villages go digital based on the technology.
4460  Bitcoin / Bitcoin Discussion / Re: The Reason Bitcoin will always be #1 on: February 16, 2017, 11:21:00 AM
Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

I think that you're right the name Bitcoin is perfect. The name Bitcoin explains what it is.
As above quote Bitcoin is not perfect just because of its name. As of now in a short with the potential it grew higher and became popular. When popularity increased the name too gave a support, not just because of the name its good. The technology keeps it in the lead, even now if menero or some other currency grew potentially soon people will say that monero is a perfect name for altcoin and it grew because of the name.
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