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4521  Bitcoin / Bitcoin Discussion / Re: Have u ever received BTC accidentally or randomly? on: April 07, 2017, 06:30:22 PM
Nope. But that is something to be far from possible of happening, because all Bitcoin Addresses are unique in which you can easily remember the first and last 3 characters of your address and you will immediately notice something is wrong when one of the characters is not right (Well that is my personal technique of knowing my address. The only way I can think of that happening is when the sender is careless about sending Bitcoin to people. What I mean about that is they don't double check the address before confirming it.
4522  Economy / Economics / Re: how much do you earn with 25$ investment on: April 07, 2017, 03:09:33 PM
Well it depends on where you invest it and when will you sell it. What I mean about that is that timing and planning is needed to maximize your earnings. Starting with a 25$ is not bad but it won't get you anywhere but if you are a real investor you will add more to your investment let say 10$ a week or whatever you can afford or whats left of your money to invest. Increasing the value of your investment to a growing one will surely make it fruitful in the future.
4523  Economy / Economics / Re: Bitcoin can not replace fiat on: April 07, 2017, 11:59:19 AM
(Plz don't give me the "bitcoin transactions takes too much time to get confirmed" comment because the answer will be "put some transaction fee")

But this is not how things should be

There shouldn't be such fees in the first place. Conceptually, given the number of nodes capable of confirming transactions (i.e. nodes having full copy of the blockchain), the fees shouldn't be there at all. In fact, there should be negative competition since among a few dozen thousand nodes capable of confirming transactions will always be a couple of nodes that will first include transactions with no fees, just to support the network at its lower edge. Today, we see paradoxical situation when miners instead of facilitating bitcoin payments are actually hindering them. This is nonsense from an economic point of view if you ask me, and this should be changed
We are at a point where the financial gains have more priority for miners than serving the whole Bitcoin eco system in a honest and appropriate manner.

It has no chance of changing unless we move away from the POW aspect and incentivize some sort of a node pos system.

That idea on its own will not be welcomed as the fundamental changes are too severe, which basically means that Bitcoin won't entirely be Bitcoin anymore but a complete different coin

I can't really tell whether PoW is worse or better than PoS in this respect

I just don't have enough technical knowledge to make a definitive conclusion, but I think we don't even need to go that far. The issue can be fundamentally and I daresay even gracefully solved by introducing instant transactions in the way Lightning Network makes them possible. Massive off-chain transactions will necessarily bring down the number of on-chain transactions to a minimum, and miners will have to either leave or include all transactions. Otherwise, they would still have to leave eventually. But once expensive miners are gone, difficulty will readjust and cheap miners will take over. This process will necessarily cause demonopolization of the mining field via purely economic, indirect means
To be honest Transactions Fees are kind of a cheap thing considering that it is way cheaper compared to what Banks try to take from our accounts.  Recently I just sent Bitcoin to my friend in which it cost me around .00045200 BTC which is just around half a dollar. Transactions fees like this help maintain or support Bitcoin itself as they are the ones who give us the most benefit from using it in our daily lives.
4524  Economy / Services / Re: ADMIRALSPOT Casino Signature Campaign on: April 07, 2017, 05:05:08 AM
Hey Yahoo I am interested in joining the Campaign.

Btctalk name: Theb
Rank: Full Member
Current post count: 253 +1 (254)
BTC Address: 16vZj4UcMzpgNomEHSVdUJArrwA9GKp4Dy

Let me know if I am accepted so that I can change my signature to this Campaign.  Smiley
4525  Economy / Economics / Re: Why is bitcoin worth? Welcome to discuss on: April 07, 2017, 02:10:23 AM
Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.
Let us simply put things this way anything and I mean anything will have value as long as there is a demand for the thing/item. It is how people want it or rather how many people want it that makes it more valuable. For example a lot of as when we look as Comics we first see is that it is worthless but if you are in the right market and you have a rare comic book then for them it will be valuable. Same as Bitcoin the price of Bitcoin is based on the demand of it.
4526  Bitcoin / Bitcoin Discussion / Re: In what situation would Bitcoin die? on: April 06, 2017, 12:52:29 PM
The most obvious way that Bitcoin will die is when the demand of it becomes absolutely 0. Having a demand of zero means that people don't have any interest of Bitcoin whatsoever now their are many scenarios why Bitcoin's demand will be zero from the government banning it or when a new Altcoin replaces Bitcoin. But I am not worrying about it as Bitcoin is still has a growing demand that makes it have a secured long future ahead.
4527  Economy / Economics / Re: Bitcoin can not replace fiat on: April 06, 2017, 01:32:16 AM
I agree with you. In fact, only a small percentage of the world's population knows about the cryptocurrency. Therefore, the crypto currency will not soon catch up with the popularity of Fiat. And hardly ever replace the Fiat

It is not really able to make it, that is the fact with bitcoin. And bitcoin will always be treated as an investment by most of the people, though many of us are already using it as an online currency. But there would be one day that the fiat will be upgraded into something that has the same idea with bitcoin and other crypto's.

Yes, bitcoins are now considered by many people as investments. This is due to the fact that the price of bitcoin is growing. In the long term, it can grow several times.
Few people use bitcoins to buy everyday products

Actually as of now in most of the countries, we can't buy any everyday products using bitcoins directly because they are not so popular in mainstream business yet. Bitcoins are more popular in the gambling industry. But for investment purpose, it is quite good because of its high price fluctuations we can make some profits regularly.

Fiat has been fully involved in our daily lives and it will take a lot of time to completely eliminate it and start using bitcoins. Bitcoins has started replacing credits  cards which were being used online.
We can not used bitcoin for our daily lives this is only digital currency and not all people can access bitcoin that is why it is impossible to replace fiat by bitcoin and fiat is much needed by all people for daily. The only advantage of bitcoin is the value it has big value that our fiat and also we can earn in bitcoin itself.

Yeah the usage and users of fiat are more in compare to bitcoins and spending fiat is easy in compare to spending bitcoins and even in future most of the people will prefer to use bitcoin only for online transactions and for offline they will prefer fiat.

It does not depend on people. Many people agree to buy food for bitcoins. But they do not have such an opportunity. Stores do not sell goods for bitcoins. I hope that in the future I can buy anything for bitcoin. And then I will definitely forget about Fiat

That's right and even now people prefer to use credit cards for shopping as they don't want to carry hard cash in their wallet and once people will start knowing bitcoins they will follow the same and will start buying goods with bitcoins.

i think we can see this in future after bitcoin is accepting in many places and there are offline store that accepting bitcoin as payment. i think in future, credit card will not use again as bitcoin is more easy to use than credit card and bitcoin is not only have the card but we can save it in our android phone.
but i think the number of such shops are present in very limited areas. but i am hopeful that when the number of bitcoin users will increase more and more, then we will be able to use bitcoin in our local shops also.
Why are you here talking about like we always need to choose Bitcoin instead of Fiat Currency? Because what I see is that they can live together without replacing one another. Also I think that all users want is to have as many payment options as possible and Bitcoin is one of them to be honest Bitcoin won't replace anything in this world it can just be an option to everyone.
4528  Economy / Gambling discussion / Re: 2016/17 NBA Season on: April 05, 2017, 04:43:21 PM
To cut those quoted post above about Russell Westrbrook, Westbrook now past James Harden in their current MVP race in terms of overall season stats. But that is really close and James are only behind by a few.

The advantage of James Harden was his team standing but it can not be consider once Westbrook will show much good stats in their remaining games. Those remaining games are very important for both Russ and James to acquired the MVP title this season.
Well looking at how Russell Westbrook gain his Rebound their will be no doubt that he is leading in stats, also if you look at their current roster you will see that Westbrook has no reliable teammate aside from himself not compared to the Rockets who has a lot of talent behind James Harden. Obviously Westbrook will for surely lead in stats. Also its not always about the individual stats but they also look at the team stats on how they are helping the team when they are on the court.
4529  Economy / Economics / Re: Which one is good, trading or investing? on: April 04, 2017, 02:57:00 PM

That's why if you're lucky on that trading will greatly affect your wealth

Just lucky? Then what is the best thing to do to make your trading be "lucky"?

Trading is not always about luck. You just stated that trading requires knowledge, experience and skills therefore don't rely on luck alone and improve those things you have been stated. Aside from that be serious in the profession as there's no such thing as easy task when dealing in a high volatility price that happening in bitcoin or any cryptos.
I don't know if luck can really help in your trades. Because if it does then people won't be using Technical Analysis anymore. Technical Analysis is there because it is the one that can really help you in trading not luck. You will only lose your money if you always base your trades in luck. That is why if I were you my trades  would only depend on a careful study and Technical Analysis.
4530  Economy / Economics / Re: Big Crash coming on: April 04, 2017, 11:56:46 AM
When a big crash in world economy happens then increase is observed in commodity market not in currency market. Specifically food, grain, medicines, gold, silver.  Check any global economy disaster to verify these points.
But Bitcoin currency is very different from the Fiat Currency. Bitcoin's value does not rely on gold, silver, or bronze prices or anything related to the economy. As Bitcoin's price is only affected by the demand of the persons. What I mean about that is that the only way Bitcoin will crash is when the demand of it will significantly go down. Basing Bitcoin by the economy would be useless because it has really no affect on it whatsoever.
4531  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: April 04, 2017, 10:15:19 AM
Why i need bitcoin bank while i have bitcoin to use whole system was about being able to be own bank to oursellves that is why Bitcoin bank is failed system

Exactly, having your own bitcoin wallet is already a bitcoin bank. And with this idea of "bitcoin bank" this will just regulate the usage of bitcoin in the economy of where you are living and the bad is that you will be controlled when to buy or sell your coins just like what is happening at China. Look at them now, I don't agree with this thing either.

I agree with you. While bitcoins are in my purse - I myself dispose of them. But when they are in the bank - this will already complicate the use of bitcoins. Why do I need it? I manage without a bank
You are all right Bitcoin Banks is a stupid idea, Because all the features of Bitcoin Wallets is almost identical to what Banks have to offer in terms of sending and receiving money without the fees. Also having a Bitcoin banks would eliminate the other features of Bitcoin from having a secrecy of the owner and its transaction and also the freedom of what you can do with that Bitcoin. And at the first place I don't think having a Bank that accepts Bitcoin is impossible because consumers will prefer loaning out Fiat currency in the first place.
4532  Economy / Economics / Re: What is your best investment strategy? on: April 04, 2017, 08:34:19 AM
For me is easy. buy with cheap and sell with higher than buy. I think the simple investment is buy stocks and leave it to a professional manager to handle our money.

Its not that big of the mystery its always been like this buy when something is cheap and then sell when price go high enough for you to take interest.
Bigger goal is to invest in coin when is to cheap and then coin pump up to sky like some have been in past days reading some older post from some trading and speculation few have guest right on some coin. If they did invest in last year they made huge winning by now.
I don't think that is what you called an investing strategy. Several buying and trading can be counted as a kind of Trading strategy in which you are actively participating the market. However in an investing strategy most of the time you sit as you are waiting for the right time to sell your asset. Also they are not similar to each other so you don't need to interchange it with one another.
4533  Economy / Economics / Re: Which one is good, trading or investing? on: April 03, 2017, 01:41:25 PM
- I think trading is a good choice, because it is very suitable for people who want to make money based on their skills, experience and analysis capabilities. In trading, we can control losses and profits. Trading will be very safe if we have reasonable strategies.
- In investing, profits and losses are difficult to predict. Sometimes you will get a huge profit, sometimes you will lose everything, it depends on your luck. The risk from investing is huge, you will likely lose everything if you make a wrong choice. I do not think investment is a smart choice

You can invest your money in real world and in physical products like gold or real estate where you can hold them physically without any risk and you can take decision of selling it at any time when price is allowing you to make profits so investing in real world involves less risk.

But investment in real world and in physical products like Gold is very slowly
getting a profit, because the price of gold is very stable than Bitcoin with volatile price.
I think the best way is 50% in trading and 50% for investing.
It really depends on where are you putting your money one. Because there are types of things that is good for investing and some are good for trading. Even in the stock market not all stocks are suited for investing some stocks are more suitable for short term plays which is counted as trading. There is really no best or worst it depends on where are you putting your money on.
4534  Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC? on: April 03, 2017, 06:44:53 AM
Well, this time I advise to invest in bitcoin if you have capital above 0.1 BTC. if you're investing quickly, it may benefit you get high enough, probably about 33% or 25% in less than one month. Well, TAAS is sufficient altcoin project provides positive feedback
It's profitable to invest in bitcoin, currently. However, if an investor is willing to make a business in investing, don't try HYIP but try altcpij investing since the market of crypto currency coin/altcoin is spreading as bitcoin volitile/becomes more popular.

Investing in both bitcoin and altcoin sounds good at a moment as price is increasing so if we manage to invest a good capital in bitcoins and hold it for next couple of months then we can make good amount of money from it in short term.
I think this is a bad suggestion that you can make. It does not mean the if the price is increasing right now it will be the same in the couple of months. There is a great chance that the opposite might happen because right now Bitcoin's prices are at a all time high compared to the 500$ it had last year. Also investing is not fit for Bitcoin because it is a volatile currency and volatile currency is made for trading. You might be shocked when you look at your long term portfolio of Bitcoin and it is losing profit.
4535  Alternate cryptocurrencies / Altcoin Discussion / Re: What does cryptocurrency mean to you? on: April 03, 2017, 05:36:19 AM
Basically a thing has value because of the person or consumer is giving it to him. Some items have a long term value into it eg. Gold while some are based on trends eg. clothing apparel. Just like Cryptocurrencies the value it has right now is based on the users who are using it the demand of it change a lot because it is not like a regular currency in which a lot of people in a country is using unlike Fiat Currency. You can tell your parents that it is some kind of basic economics the law of supply and demand.
4536  Other / Archival / Re: Earning "free" bitcoins on: April 03, 2017, 01:32:09 AM
Earning bitcoins for free is not easy, it takes of hard work, patience and determination to earn. Its hard to collect in faucets daily it takes times but if you want to earn freely, joined sig campaign and you can earn bitcoin.

Even earning from signature campaign is not free as you have to post on daily basis and if you don't meet minimum requirements then you will not get paid so it cannot be treated as a free way of earning bitcoins so the only way to get free bitcoins is from faucets.
You can do it freely though, in the sense that you don't have to pay fiat money or have particularly special skills to do it.

Earning from signature campaign doesn't involve any special skills but its not easy though as you have to follow the rules and regulations of campaign and you should also make a constructive and quality posts and if you fail then you will be kicked out of campaign.
I don't think that the free ways of earning Bitcoin online is for earning but the purpose of giving away free bitcoins such a faucets is to introduce new people from Bitcoin on how they can get little amounts of Bitcoin to fund their wallet, also the one who will mostly benefit the free claims is the site owner because the traffic he will receive can be converted to a high pay in the advertising network he choose from. He is just giving a little portion of what he is earning from them.
4537  Economy / Economics / Re: Can you really make money on Forex? on: April 03, 2017, 01:12:51 AM
Premium forex trading signal services is available at https://bitcointalk.org/index.php?topic=1842976.msg18336518#msg18336518 you dont need to understand  any indicator, just subscribe for my service and your profits is guaranteed. A trial will convince you.
This is the downside of Forex Trading even in the Stock market this is being use, professionals or so-called market gurus trying to take profit of newbies in order to gain money without even risking their own money to the market. Suppose the service works or can guarantee profit the newbie trader won't learn a thing about trading, all he/she will do is to rely on your services. The purpose of trading is to profit just by yourself and learn from your mistakes independently.
4538  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: April 02, 2017, 11:36:31 PM
I think you will make a better income in trading rev share and cloudmining.You have a secured but slow earnings depending on how you manage your trades.Revshare we all know revshare is still an hyip or an ponzi scheme but joining fast here and be one of the first who enter this you will make a better income through it.Cloudmining industry will make you earn a decent amount but still have a big risk of losing money

Majority of users have made huge loss by investing in cloud mining sites in the past so I don't think now they would be interested in repeating the same mistake again as everyone is well aware that those sites will disappear in future so nobody will take risk o investing money in those sites and will prefer to go for trading.
Obviously most of the Cloud mining sites are fake companies that is why they offer at most 1.3% daily to accumulate more fooled investors everyday they are in operation. That is why they are avail to pay people and last for so long because of this strategy. The biggest scam I saw was HashOcean for one moment it was perfect and then suddenly the domain was not found. It is sad for new investors that they did not even get their money back from the said cloudmining site.
4539  Economy / Economics / Re: How to teach kids about Bitcoin? on: April 02, 2017, 11:13:01 PM
the system teach to kids not diference another people is same
the first learn about bitcoin wallet, make bitcoin addres, safe addres and more
is about wallet addres is known, so learn about find bitcoin

I do not think that it will be interesting for children to learn such things. That they wanted to learn something they need to be very interested. And I do not think that children will be interested in blockchain

Me too, I don't think that you can teach a children such boring terms ( for the kids ) about bitcoin. They will be just giving you a face frowned not knowing what you are saying or either llaying while you are telling them which is a sign of they do not care. If you really want the kids to learn them, try to introduce them to a faucet game which will they enjoy. Games like the blockchain game and the Alien run is popular on android, they will be asking questions about it when the time comes.
I have to disagree with you because if you inplement the same system to kids as adults are using it they will absolutely won't learn anything. For example how about you are teaching college algebra to kids would you think they would absorb anything after that? Of course not you have to teach the basics first before you enter rhe hard lessons especially money (Bitcoin included).
4540  Economy / Economics / Re: Make money from money on: April 02, 2017, 02:46:29 PM
If you want to be a good investor you need to be knowledgeable on whatever it is you want to invest in and you also have to have some startup capital.

Only a fool is going to invest without any proper knowledge on what he is investing. It's a must before you are going to invest, you should have enough background on what you are investing because your aim is to earn money not to donate money. And always get some help if you think that you can't your investment seriously.
A good investment must be identified before you put your money into it. It will be late if you put your money first and analyze it later. With studying and careful planning it will make your risk less compared to being unprepared on what you are investing. Also it is your money you should know the importance of it before spending it into something unknown. We all know that investing can be tricky but all we can do is study it so that we will know what can be the outcome for us.
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