Bitcoin Forum
June 21, 2024, 01:31:00 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 [225] 226 227 228 229 230 231 232 »
4481  Economy / Economics / Re: Bitcoin has Arrived in Thailand..... on: October 20, 2017, 09:07:51 PM
This is heart warming. Apart from the fact that it is going to better the lives of the enthusiast, it will also record more users.

On outside from Thailand , this is a very good news. We are going to start seeing more approver from more countries.
4482  Economy / Economics / Re: Natural money on: October 20, 2017, 09:01:46 PM
Natural money is the solution to many modern problems!

Friends, we think that development of a decentralized and a digitalized economy is a modern challenge for many countries, since states lose exclusive control over monetary policy. Adaptation and compliance with the requirements of time is one of the tasks of progressive societies. The scientific and practical association Jus Naturale sees launching a self-regulating tax system based on the state crypto currency, which we call Natural Money, a way out for countries in this situation. The idea of Natural Money is a modern interpretation of the Silvio Gesell free-money idea. It is natural money in conjunction with online clearing systems like GEO that could solve many social and practical problems facing the state while ensuring society in free circulation of goods and services. Since modern scientific community is not ready to discuss this topic yet, we offer advanced crypto-community our proposals for discussion and criticism.

Read more about the idea of natural money: https://jusnaturale.com/en/ideas/natural-money/

The idea is interesting, but it's highly depends on ability and desire of a state to cooperate.

This is the simple thing that I've said so many times on this forum. Governments, like anything else, are going to want to retain the power that they have -- they're not going to give up the power and the influence which they hold over their citizens and their economies just because people want them to.

This would work, and I've always said that Bitcoin and other ideals could work -- but they work at the whim of govenrments and how they feel as if they should regulate them.

Off course, I have always known that government won't relinquish the hold they have. The hold has always been used to manipulate citizens and make the government relevance.
4483  Economy / Economics / Re: Bumps on the road to BTC general adaptation, preventing increase in its price on: October 19, 2017, 07:56:11 PM
I am constantly watching a lot of forums all over the internet, and i have to say that i am seeing more bitcoin lovers everyday, it is incredible how the community is rising, maybe it is a little bit weird, but it is happening.
But it is obvious that there is negative people, and most of them are only saying that we are in a giant bubble and that it is going to crash soon, but those who are saying that, are the ones who doesnt even have $10 to buy bitcoin, and are jealous about those who bought bitcoin at a very cheap rate.


Really it is expected that when people don't understand what is happening or they don't like it or they can't join it, they talk negative about it. What we are experiencing now as to the negative attitude of some people, treating bitcoin with disdain was the way it was when bitcoin came up nearly a decade ago but we believe in it and we are riding with it  Grin
4484  Economy / Economics / Re: each state will create its own token? on: October 19, 2017, 07:38:55 PM
Hello people!As you consider whether each state to create their own tokens? under its currency?

I'm not really sure if you meant state as a country or state as a fraction of a country. Anyway , if you are talking about a  country, that won't be a bad idea because the it might make the fiat there to either compete with each other which could be healthy and it will boost the country's strength if it is listed in ICO market.

On the other hand, for a state as a fraction of a country to have a separate crypto, that will be a difficult task to do and it will breed division in the country as a whole.
4485  Economy / Economics / Re: BITCOIN misconceptions on: October 17, 2017, 04:06:32 AM
First and foremost, if you find something you can do (not just campaigns), to earn you far more than what your normal job will give you daily after devoting the same time to it, I see no reason why you should not. After all, we switch jobs for better pay, passion comes next. In this case, I do not see a problem if such a person decides to withdraw some of the coins to take care of somethings, unless he or she is planning to starve to death.

Moreover, if they were working, there could even be a possibility of not having enough to even buy bitcoins in the first place. So what are we then saying? Because the value of bitcoin will keep increasing, they should wait until then before they start making use of it?

I equally see reasons with you because you can't starve to death because you want to hold bitcoin. If one dies that way, he/she loses whatever fraction he has. Taking some parts of what you have to take care of your needs that you would also have done while on a pay job is still the same.

 You can even take some to do other businesses, trade etc, is still part of building finance from the capital raised from bitcoin .
No hard feelings.
4486  Economy / Economics / Re: each state will create its own token? on: October 16, 2017, 09:20:52 PM
Has anyone noticed that there are a lot of ico's and tokens about states and cities? I visited the Altcoins section on Announcements, and there are some coins like "New york coin" "londres coin" "Miami coin" this is amazing, it is obviously that this has only been created by a fan or maybe a resident from there, but it is nice.
Maybe you are not reffering to this, but it makes sense that we are probably going to see coins about cities.


On the contrary, I think that if the coins keep pumping out without daily with out a means of regulation , it might breed high level corruption and fraud. Also, fake and notoriously coins will not go to the market .
4487  Economy / Economics / Re: CHINA ban Rise and Down on: October 16, 2017, 09:00:29 PM
bitcoin price down about 1,000$ after china ban   this is logic

but less than 2 months back more than old 4,600 now without any new news why  ??

The driving force can be traced to the expectations by the fork. This is actually making holders not to release the bitcoin they have and off course when you have a scarce commodity or product, economically, the price increases.
This is simply one explanation to the price increase in bitcoin.
4488  Bitcoin / Bitcoin Discussion / Re: Microsoft accepting BITCOIN ??!! on: October 16, 2017, 04:39:08 PM
This kind of gesture is what bitcoin needs to get to pride of place. This step by Bill Gates if real, would spore other billionaires with their conglomerate in bitcoin investment and the growth of other cryptos is eminent.

It simply means cryptos is the business to automatically transform the masses.
4489  Bitcoin / Bitcoin Discussion / Re: Buying Drugs with Bitcoin ? on: October 16, 2017, 04:21:16 PM
Never bought drugs not with Bitcoin and not with cash and not with anything else however and for what comes to my thoughts I thinks Silk road and this kind of  markets on the deep-web that sells drugs for BTC is the reason people aren't joining Bitcoin community , I mean the media like to point to this kind of stuff and this is bad , same goes for adult content website I assume .

True. It is because of some of these illicit dealings that would cause a debacle to the progress of bitcoin. People would always hid on bitcoin to do transfer or starch money that is tax payers money that are suppose to benefit the masses.

The worse of all is that, tracing who stole the money would be an herculean task. This is one reason some government are being skeptical to embrace cryptos or bitcoin.
4490  Economy / Economics / Re: Statistics about cryptocurrency used to buy goods on: October 15, 2017, 09:18:04 PM
This is a good question, but there aren't a lot of analytics on the spend of bitcoin. It's tough because transactions are anonymous...at least in what they are used for.

What we do know is how many bitcoin transactions occur across the blockchain on a daily (and therefore weekly, monthly) basis. You can take that volume as the gross amount and then discount it down based on what percentage you think is spent on goods and services.

Here's a link to the data I'm referring to: https://blockchain.info/charts

Make an educated assumption. When you find better information revise your assumption.

I know this page, but I just was currious to see how many real-life goods are actually purchased with BTCs. This would be an indicator of real adoption, if BTC is meant to be a currency and not only a commodity like gold.

Does anybody know if there is at least some kind of graph that shows how many shops accept Bitcoins? It would be another good indicator for adoption.

Anyhow, thank you for your input.

Yeah, if bitcoin is used for some of these purchases directly, it will speak more of its relevance and thereby increase its value more. It could even lead to more approval of its usage.
4491  Economy / Economics / Re: BTC Price Pumps and Forks on: October 15, 2017, 09:06:49 PM
As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.

It seems as if the fork is going to be with bitcoin because we just had one in August. The fork even makes bitcoin more popular, maybe it is what it is made for. It hypes bitcoin and we are seeing the increase tremendously.

Well lets wait and see.
4492  Economy / Economics / Re: European Union Will Seek a Crackdown on Bitcoin on: October 15, 2017, 05:44:39 PM
I'm thinking this news could make the bitcoin bullish to stall at the moment. Meanwhile, China could be warming up for something new if anything like ban of Icos comes from EU.

I just treat this as news and of no effect. I don't see EU banning, they might be looking at ways to regulate because of fraud.
4493  Economy / Trading Discussion / Re: Trading Safely on: October 15, 2017, 04:36:20 PM
Op is quite right in some of the points he raised to a successful trading. Basically to me , trading gradually is a key. I mean, one don't need to be greedy in trade. Enter a trade with small lots size so that when the market turns around, you won't be too hasty to jump out before the market goes your direction. Remember the market is bound to go either ways- up and down. 
4494  Economy / Trading Discussion / Re: Are you going to keep your BTC on exchange during the upcoming forks? on: October 14, 2017, 09:35:44 PM
I don't have much to transfer to exchange, so I guess whatever I have will be on my wallet and I think it is even better for me that way to avoid any misses.
4495  Economy / Economics / Re: Is USD being used for illegal activities? on: October 14, 2017, 09:26:21 PM
I see more and more articles of the USD being used for illegal activities, such as funding of terrorists and unconstitutional, illegal wars, funding of wars that cause severe infringement of civil liberties like the war on drugs, among other things. I am pretty sure that when goons smash into convenience stores and steal stuff, then the money they probably steal is USD, which makes it criminal currency. Also, I am pretty sure that the baseball bats that majority of the goons have bought were paid for by the USD.

Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison.

Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD.
 
Will this hurt USD in the long run? Will governments ban this just like they started to do with paying in cash for some services to harden the use of illegal activities, and money laundering?

I don't think the use of a currency be it USD, GBP or EUR for an illicit business will affect it. It is because of the currency's value that it is usually used.

Therefore, for the sentence and question you asked -
"Will this hurt USD in the long run?", it won't affect the currency rather it even makes the currency more popular.
4496  Economy / Economics / Re: What will happen if we use a one currency only? on: October 14, 2017, 02:46:59 PM
for example if we use the dollar it will certainly be bad news to see the habits of the corruptors in Indonesia, they will never do small corruption. What if they later corrupted $ 50 million or even $ 1 billion. Countries will be dizzy to tackle such corruption cases. that is if we use only one currency, for example the dollar currency
The one world currency is part of a long planned world domination by the illuminati. When they get control of the currency,  they will control the world. 😒

I guess more like the end of the world. Unification would make the world monotonous and moving in one direction.

Anyway, I don't see the possibility of using one currency worldwide except the world is ending as described in the bible.
4497  Economy / Trading Discussion / Re: BTC effect on altcoins on: October 14, 2017, 02:25:01 PM
Nice observation, yup when BTC is in the acceleration phase or Bitcoin rally. Altcoin prices are falling down.
But I noticed one thing. ETH price in USD is also souring high during the BTC rally.
So instead of keeping BTC during the Bitcoin rally. I buy it with ETH as it gives me higher profit in USD.

I noticed that most times when btc is rallying almost all of the altcoins dip. and when there is a crash in btc all altcoins suffer as well. my interpretation is that for the first alts can't sustain the price against the $ if btc is high. and for the second, everyone is panic selling btc.
what do yo guys think ??

really?? if that so should i sell all my eth now in usd? im really having a hard time learning trading but I reaaally am eager to learn. haha im stuck at eth im just patiently waiting for the correction if there will be..

The correction will come but not just soon. It is expected when the fork comes.
The fork should cause more sharp movement in the market, which could lead to a rush in temporal sell off of bitcoin.

Meanwhile, as for learning to trade, is nice. Make your mistakes and understand why you made the mistake so you don't keep repeating it. If you are lucky, you might learn from other's mistakes. Determination and patience will help you. Do more research.
4498  Bitcoin / Bitcoin Technical Support / Re: Long time bitcoiner, first time poster on: October 14, 2017, 02:11:42 PM
Wow, I must just be used to reddit.  I never expected nice responses.  I was hesitant to even ask but I am glad I did.  Thanks so much to both you!!

You can say that again. This forum is like a family. Whatever issue it is relating to the purpose of the forum, you are sure to get loads of experience users giving positive advise.

Is good to know you are happy. Nice one 🎩
😁
👕👍Great!
👖
4499  Economy / Economics / Re: What would happen if Bitcoin became a legal currency? on: October 13, 2017, 09:00:24 PM
Everyone would like the bitcoin is accepted in all online and real stores and, as as mentioned in the title, what would happen if Bitcoin became a legal currency?

What will happen first is that, bitcoin would have succeeded in making so many people mega rich. Again, it will reduce the roll of banks in the society and make extra charges go away. It will make financial transactions faster because you don't need banks to tell you come today nor tomorrow in trying to make a transaction etc. 
4500  Economy / Economics / Re: China will become Super Power ? on: October 13, 2017, 08:37:52 PM
I am pretty sure that China is already a super power. They have the most foreign currency reserves in the world. They have one of the biggest economies in the world. They have nuclear weapons. They have a very large military and one of the strongest military's in the world. They hold a seat on the security council at the UN.

What more do they need for you to think they are a super power?

Is not a ruse that China has the paraphernalia of being in the world power mark but they are not there yet, not when US is still playing the big brother. Talking about having one of the strongest military in the world, there are so many countries that surpass them. They have large army population but I don't think strongest.

Meanwhile, I think euphoria of having what it takes to get to that mark was why they took that harsh decision on cryptos thinking the world will crash but we already seeing how bitcoin is still moving
Pages: « 1 ... 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 [225] 226 227 228 229 230 231 232 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!