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4481  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin overcome Paypal? on: September 19, 2017, 03:33:39 PM
Absolutely yes, actually Bitcoin has already defeated Paypal in terms of Total Market cap. Many people started to left Paypal to use crypto currency due to less cost, hassle free, and fast transaction. Someday crypto currency would kill money transaction services like Paypal, Skrill. etc.
If Bitcoin defeated Paypal then why is Paypal being used by more people until now? I guess that the total market cap is not a good basis to see if Bitcoin has already taken the place of Paypal. Paypal has another good feature where why most people prefer it as a payment system. Their method is so good that you can't get scam as the process acts as an escrow which protects your transaction. By now we know that there are a lot of scams that is happening everyday as users of Bitcoin can remain anonymous while they can create a lot of new addresses in order to continue on scamming.
4482  Economy / Economics / Re: What percentage of people on Earth will own Bitcoin by 2020 on: September 19, 2017, 01:41:43 PM
Not sure but I feel that it is likely to be a minimal proportion because not everyone in the world tends to make use of Bitcoin.They need to have to entice much more people if they want to turn out to be some thing even bigger in the long term.
You may be right but I think otherwise. I believe there will be a huge traffic of the ones who will be using Bitcoin by 2022. The way Bitcoin is getting popular amongst the people and is giving them a lot of profits, I think the number of investors will increase tremendously by that time. I am very much positive regarding this.
There is absolutely no doubt in this thing that the percentage of people who will be having Bitcoin by the end of 2022 will be more, but even then I don’t think so that there will be a tremendous increase in this population as you said. It is only a portion of people who are investing in it and they know about Bitcoin.
We won't have a definite answer for that or even a close guess because even until now we don't have the proper data to based it on. All I can say is that definitely it will be bigger compared to what we have now, because sharing it to everyone is easy and it will be easier  from day to day as the awareness of the existence of Bitcoin is getting bigger. Also other factors affect it as well as even politics can affect the future of Bitcoin.
4483  Economy / Economics / Re: Why have Bitcoin instead of cash? on: September 18, 2017, 02:18:28 PM
erf
For me it is the sending charge. Why pay far more in a money transfer organization like western union and other folks like that if you can do it by way of bitcoin. So simple for me and more quickly. My relative just need to go to the bank I ship them the account number and pin. Then, they just withdraw it like an atm. I saved time and I saved money.
Because of the cyber age bitcoin is better that cash or fiat you can manage it easily you can transfer easily with out you using money transfer agency that will charge you with higher amount, while if you will engage in trading this is the best currency to kept and sell because it will increase the price so frequent because of its demand is so high.
For your information sending Bitcoin to other wallet services will charge you with a transaction fee. Also based on my observation on our local remittances sending money that is lower than 50$ are considerably cheaper compared to transaction fees being charged if you set it into a high priority. Also there is an argument about the availability of the services now comparing it to remittances, obviously their service is more widely used and widely known for ordinary people, also people who are willing to receive Bitcoin will face the issue of converting their Bitcoin to Fiat currency.
4484  Economy / Gambling / Re: ▂▃▅▆█ BITSLER █▆▅▃▂🎁 LOTTERY 🎁15 BILLION BETS🎁 on: September 18, 2017, 10:43:34 AM
most of the farmers create multiple accounts using public VPNs or proxies
when there is a critical mass of such accounts all connected to one and same IP or IP range
the site starts to make sure all the people who are connected to those are checked and if need be,banned
sometimes,people who create accounts like that do not realise they are on a shitlist,together with known abusers
they just want privacy (although there is no privacy with public VPNS) but ignorantia non est argumentum
You are right it is inevitable that these site abusers will get caught with their wrongdoing as they can track you with yor IP addresses as well as your activity. Some mistakes are even created by the user itself like creating identical usernames and repeated coin transfer to the same accounts everyday it will be obvious to them that those accounts only have one user.
4485  Economy / Economics / Re: Bitcoin to be international currency on: September 18, 2017, 09:29:45 AM
It's already an international currency not only because of population because compared to the world population, its still low but because of the fact that I can exchange with anyone around the world in a matter of minutes and it's settled the point of acceptance is where the issue is where I don't have to convert to fiat to rent an apartment  or buy food in an eatery or even pay for transport. It's really something I'm looking forward to.

The hard thing about defining Bitcoin as an international currency is the fact that we don't know th real definition of what an international currency is. But from what I know the closes thing to an international currency is Euro in which is the European countries use in their daily transactions. Yes it is an international currency but I don't think it can be called as a global currency. Bitcoin is perhaps something in between as we don't have a proper data for Bitcoin.
4486  Economy / Economics / Re: Tell me a secret: any way to earn 0.1 BTC per week? on: September 17, 2017, 11:06:35 PM
To earn .1 BTC a week you should work hard and get knowledge and more knowledge you gain you will be able to buy more Bitcoin as you earn more and knowledge is power.
I hate to say this but if OP is looking for an answer to his question then your answer is to vague to answer anything. Obviously you need knowledge about trading in order to earn more but how will you gain knowledge? Or does it give you assurance that knowledge is enough for you to earn that amount? I don't think so because even the most brightest trader does not have certainty if he or she will even earn something everyday in the first place.
4487  Bitcoin / Legal / Re: Not Declaring Bitcoin Income on: September 16, 2017, 05:17:00 PM
That is where you are wrong, the moment that they see that you have uneven wealth which is not in proportion to the income tax you pay they will start to wonder and do some auditing of your income report. Most of the government don't care where your earnings come from, the important thing is that you will pay all of your taxes that is right for your income (also including your income from Bitcoin). The moment that they also find out that many people are hiding their Bitcoin income the chance of having laws related to Bitcoin might be high.
4488  Economy / Trading Discussion / Re: how to start trading? on: September 16, 2017, 02:20:24 PM
Well that is a good thing that you know you need to learn first before you even start trading, some guys try to start creating an account in exchange first before even starting to learn anything. Trading in general sense is all about technical analysis and you must be good in Technical Analysis in order to be a good trader. Most Technical Analysis books are generally associated with stocks because they are the ones who mostly use the price chart that cryptocurrency is also using, you can download ebooks about it online.
4489  Bitcoin / Bitcoin Discussion / Re: The DEATH of Bitcoin Surfaces Again on: September 16, 2017, 12:52:53 PM
Over the years bitcoin had always reacted to news and whenever it recovers it goes beyond the previous value benchmark to break another record. Every dump in price is an advantage for some to quickly acquire more for the next rise. Spend more time with it to understand more but sometimes its an advantage. bitcoin cant ever have this stable price, never.
It has been practice by all the traders of Bitcoin which they take advantage of always, the problem here is most of the corrections are being abused by big players which they don't show mercy if they offload their position for profit taking, this shows us the disadvantage of being a decentralized currency as the one who has a big position is the one who can decide the flow of the market. The plays of the players added by the catalyst brought by the news will create a devastating panic selling for the other traders.
4490  Bitcoin / Bitcoin Discussion / Re: Bitcoin in College??? on: September 16, 2017, 10:10:03 AM
I don't think that Bitcoin will be an appropriate course in those kind of Programs which is related in IT. And what will be the coverage if it is one? As far as I am concern everything in Bitcoin can be learned just by going through the internet, and you really don't need to have a professor to teach something like that as it is totally out of the curriculum for the majority of the courses. It can be a lesson in one subject but it cannot be one course for a whole term because it is just a cryptocurrency which is not related to any programs.
4491  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be used by ordinary citizens? on: September 16, 2017, 09:10:30 AM
Bitcoin can be used by people who do not even have a profession. This is the advantage of bitcoin in the possibility of earning without special knowledge. This is a modern earning opportunity.
I think the question is based on a scenario, Because technically the answer to the question is yes as literally any person can use Bitcoin for its transaction. But in reality will it be suitable or in by any means practical for them? For example will you really think that the elderly will use Bitcoin rather than Fiat currency first? I guess not because it would take some time for them to learn how to use Bitcoin in there transactions.
4492  Bitcoin / Bitcoin Discussion / Re: BTC will fall under 0 $ ! BEWARE ! on: September 14, 2017, 04:34:54 PM
Well you want us to trust you but don't even have a single shred of proof that will back up your claim. Many people like you here in the forum will brag about they know something that most people don't but you are also predicting something based on your views. And for argument's sake how can you even buy Bitcoin if it reached a price of 0$? When it reached that price it is an end game for Bitcoin nobody will have an interest on buying it. I just hope you keep your mind straight on your next claim/prediction.
4493  Economy / Economics / Re: How can we make more money? on: September 14, 2017, 02:55:38 PM
Theres just only way to earn more money and ensure success in trading industry that is to have patience at everytime and be knowledgable through it  and just trade what you feel you can profit onto.And in spreading your business patience is needed also
I don't think that patience is the only thing that is needed for you to have a successful way to earn money. Because there are many skills involve that can make you earn money in a certain way. Like in trading, you really don't need patience here as all you need is skills in technical analysis so that you know the movement of the price, because even if you have patience to hold your altcoins and Bitcoins but the price will still go down your patience will be put into waste.
4494  Economy / Gambling / Re: ▂▃▅▆█ BITSLER █▆▅▃▂🎁 LOTTERY 🎁15 BILLION BETS🎁 on: September 14, 2017, 06:28:25 AM
I go on bitsler today and notice im banned for an entire year for what reason I hardly have used the site in weeks what is going on?

Never mind I just left my vpn on works when I disable it

It looks like they are trying to remove all those multiple accounts created on same IP addresses. If you don't have funds in that account then no need to worry but before creating a new account from same IP address you better check with admin otherwise you may face the same issue again. OR you may need to use one dedicated proxy IP for the new account.

Problems with all these players using VPN getting banned is that most of them all use the exact same VPN. There aren't that many VPN that accept bitcoin (probably due to abuse) and those that accept most require some form of personal info.

The ones that don't or avoid that info are the ones that are commonly used on the bitcoin websites. So what usually happens is someone tries some hack, and it ends up getting the entire subnet banned pretty much.
Additionally they want to avoid that abuse on the free faucet in which if played righy will give you more than .001 BTC wins in one game, problem is even limiting the claims it not enough for Bitsler to stop the abised as several accounts can be created in multiple addresses created in vpn. So some promos like free giveaways from chatty bot and rains will also be won by multiple accounts of the same user. With Bitsler strict rules it is a fair game for all of the members playing in Bitsler.
4495  Bitcoin / Bitcoin Discussion / Re: What services you wanna see with Bitcoin ? on: September 13, 2017, 11:46:04 PM
Movies ? gambling sites ? exchanges ? what kind of service you want to see involved with Bitcoin more ? 
Not only in movies but i see bitcoin that will be more implemented not only in online store but ofcourse to those physical store that will accept bitcoin soon starbucks , those airlines , banks, all big store like super markets but i mostly preferred that is to have an atm machine for Bitcoin where you can withdraw you coins anytime you want.
Well my main concern here when it comes to physical transactions which you actually will pay inside a store is time and also transaction fees. Yes when we opt out to pay with our Bitcoin we will incur additional cost in sending our payment to them and also  there is time involved when it comes to confirming our payment. I don't think that it is practical to use Bitcoin when you are in line buying movie tickets or even buying french fries at Mcdonalds as it will disrupt the queue of a store. The more practical way for me is converting Bitcoin to Fiat.
4496  Economy / Gambling discussion / Re: 2016/17 NBA Season on: September 13, 2017, 02:16:21 PM
Now that Shabazz Muhammad will be returning to the Minnesota Timberwolves in Vet. Minimum Salary not only they get his Bird Rights back but also they have a solid Bench because of him. Now that he is on the team the bench of the Timberwolves would look like

PG -  Tyus Jones
SG - Jamal Crawford
SF -  Shabazz Muhammad
PF - Justin Patton
C -  Gorgui Dieng

I think they will be a real contender next season. As the playoff drought is far too long. They must end it with a bang for the fans.
4497  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: September 13, 2017, 01:04:47 PM
It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
I think you have a good point because the bitcoin is now becoming more popular. I agree to you that the bitcoin will be used by almost everyone in 2022. In this year, many people are now using it because of the benefits that we can get.
I don't see it that way. Yes Bitcoin has its own advantages when it comes to payment system, but a good portion of our population is not compatible to this kind of payment mode. From the elderly to people who are not technically inclined they will see Bitcoin as an unsatisfactory or a useless thing on their end.  I mean if Fiat currency is working fine to them will they ever change something that is not broker? I guess not because even up to now Bitcoin is still valued in terms of its Fiat currency equivalent.
4498  Economy / Economics / Re: If you have a lot of bitcoin, should you spend it or save it? on: September 13, 2017, 11:33:48 AM
Well essentially the bitcoin is more like gold its value will keep on increasing od decreasing with the upcoming time in my opinion you should spend half of them when their value is very very high !!! And reinvest the half of the lot 😄 ...that in any case would be better  than using all of them or saving all of them.
Cuz saving is..
Essentially a risky process....u never know what's gonna happen.
Why people like you think that Bitcoin's price movement is only up? Because just like now we saw a piece of how Bitcoin can fall, where the price of it reach 3854$ which is still falling until now. Making foolish assumptions like this will make your trades into a loss. Also I am not against at spending Bitcoin for profit but can you imagine the loss you will take when you lose half of your position? It will be a lot because it is your investment and based on your statement it acts like your investment and selling half of it for spending is not a good idea.
4499  Bitcoin / Bitcoin Discussion / Re: Cant believe a Tweet can cause $billions blood bath on: September 13, 2017, 10:26:32 AM
Well not only a tweet can influence prices but social media and news in general can greatly affect the prices of any investment. That is how a catalyst work it starts as a trigger for assets that are mostly in consolidation mode. This news can trigger people especially the big holders of Bitcoin to sell their shares to profit from it which most likely start a panic selling made by late sellers.
4500  Bitcoin / Bitcoin Discussion / Re: Can cryptocurrency make real money disappear? on: September 12, 2017, 01:40:39 PM
Love the title...

"Real" money.
Define "real" money.

I know that money is something you can use to buy things.
Fiat does this, BTC does this.
I see no difference between fiat and BTC. Moreover, BTC if getting closer and closer to be recognized as money.
There is nothing "fake" about bitcoin being also money.

And even if we speak about fiat. What is real?
The cash that is being issued and replace, the digital cash in your bank account or on your plastic, the account you have on paypal?
If you have read the OP you might not be looking for a definition of the "real money", what he actually means is our traditional money or fiat currency as we know it as it is our current medium of exchange any country who is independent has its own legal tender. Also you are right that Bitcoin has nothing on it to be identified as a fake because we have given it value, us consumers created a big demand that resulted for its price to grow like this. Simply saying Bitcoin a fake money is ridiculous.
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