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4541  Economy / Web Wallets / Re: please I need your help to recover my wallet, I forgot my second password on: January 30, 2017, 07:05:49 AM
You can generate new password using the forgot password option. You'll loss the previous bitcoin address, your wallet balance gets imported to the new bitcoin wallet. This wallet gets a new password that you've created. Now in every places you need to update your bitcoin address to receive payments.
4542  Economy / Gambling discussion / Re: Tennis League All Thread on: January 29, 2017, 10:46:53 AM
Federer win the first set 6-4 ! it's really an awesome game Cheesy
Nadal took the second set 6-3 and now its game on .

The lines of odds show in favor to Rafael Nadal but I think that Roger Ferderer will win this one.
I think Nadal will beat Federer . It may go down to 5 sets but I think Nadal will have the strength till the last moment and will be able to to beat Federer .

I too think Nadal takes the match, though Federer is in the lead with the winning of two sets. When the odds got closer for both the players predicted that Nadal wins and have used 0.1btc in the wallet for gambling.
4543  Economy / Speculation / Re: Sell or wait? on: January 29, 2017, 10:20:52 AM
The price of bitcoin kept rising all of last you I can't see it not to continue so I would keep and wait at least to the middfle if the year and then just watch if you see a big drop then wait a week or so and then sell if price don't rise again

Right now bitcoin price is in stable position, we need to wait for some more days in order to make huge profit from bitcoin. But daily you need to keep track of every thing on daily ups and downs. Even some people are making 10% profit on daily profit and not looking for higher margins on bitcoin.

Over expectations or greediness always fails, so its better to earn the small profit with the least margin rather than holding long for an increase in price. Unexpectedly if price moves backwards too, can profit on buying with the profit earned with the current price. Making changes based upon the time is the best of all to earn.
4544  Economy / Economics / Re: whether bitcoin influence on the world economy? on: January 29, 2017, 09:38:45 AM

possible bitcoin prices affect the world economy?
such as the high price of bitcoin again, if the price of the price of basic commodities will go up?

give your opinion?

For me it cant affect the world economy even Bitcoin price will go up again because they are some countries and people that they consider Bitcoin is illegal.And Bitcoin is not accepted in famous bank.


why bitcoin is still illegal and what are the reasons bitcpoin not be accepted by large banks, whereas today many bitcoin users are always conduct a transaction, it is true that bitcoin is still not able to affect the world economy. wait a few more years maybe there is a new great influence on ekonomj dunis


In several countries tax evasion is considered a major issue, possibly just because of it bitcoin is not regulated into countries with legal authorization. Sure we can expect a good economics change in respect to time when most countries accept bitcoin.
4545  Bitcoin / Bitcoin Discussion / Re: Question; Bitcoin Payment on: January 29, 2017, 09:21:11 AM
Services that accepts bitcoin is not too many as of now since the adoption is not fully extent which means awareness of people on bitcoin would really not be there and when you explain it to them they will surely ignore it and tend to continue to use the traditional ways of payment method. Mind yourself only and buy bitcoin as much as you can if you do have the money.
You are right that people prefer the traditional method of payment,
it's because they don't have knowledge about using bitcoin.
And also, for now the payment facility using Bitcoin is very little.
Bitcoin becoming popular now but the price is unstable that's it's not recommended to use bitcoin as a method of payment there is a possbilities bitcoin become lower. It will be good if bitcoin continuous to increase you will receive the payment at the same time you can earn profit.

That's right, bitcoin is getting more popular day by day. Along with the increasing popularity the price volatility is found low. So possibilities of bitcoin to get accepted as bitcoin is quite high. Also merchants accepting bitcoin have a assurance of getting profited soon or later.
4546  Bitcoin / Bitcoin Discussion / Re: Do you remember the very first time you sent a Bitcoin transaction? on: January 29, 2017, 08:59:19 AM
I do remember the first time making the transaction. From the wallet created in Blockchain.info I send an amount of 0.001 btc to the friend who introduced me to bitcoin with the auto fee option. Instantly on seeing the transacted amount under unconfirmed transaction got to know what bitcoin wallet is all about.
4547  Economy / Speculation / Re: Is there any possibility of a decrease in demand for Bitcoin? on: January 28, 2017, 10:13:16 AM
There is and will be always chance to decrease demand on bitcoin.
But it will be always SHORT TERM. bitcoin is one of the most LONG assets I have ever seen.

As said chances are there, because everywhere digitization is playing role. Countries were in research of creating own digital currency. At such moment there will be strong regulation to the use of bitcoin. Alternate solution needs to be made to overcome such issues in the future. Even developing countries major attention were to make everything digital though they lack in several other attributes.
4548  Economy / Gambling discussion / Re: Tennis League All Thread on: January 28, 2017, 09:54:29 AM
Serena Williams wins the first set 6-4 and if she wins the 2nd set as well she will be one of the few champions to have won all the matches at the Australian open in straight sets. The previous winner in straight sets throughout the tourney was Maria Sharapova.
She will make history, now in the second set too she leads 5-3. So she'll be the champion as well the odds have gone very low than Venus Williams. Fortunately I missed the match to place my bet, because lost all the amount in a match between Chang and Krejcikova.
4549  Bitcoin / Bitcoin Discussion / Re: What were your experiences with Bitcoin when you first started? on: January 28, 2017, 09:24:14 AM
I first found out about Bitcoin reading a blog post about it online if I remember right. I was not interested in mining or trading crypto currencies so I focused on using it as a means of digital money and of course for investment because I had heard its value would keep increasing.
I am interested in bitcoin and try to get it, it was very difficult. I tried to get just from faucet. I even difficult to get 0.001 within a week. until at last there was a giveaway of stellar. I get a result that is high enough. I used to be very confused with how transactions were confirmed, and was always confused between miners and those who ran nodes. Over time I started learning most of it from Bitcoin wiki's and on reddit.
Yes apart from faucet it is nearly impossible to earn bitcoins now a days, when I first came into bitcoins I bought them for real money and that time the price was cheap and till date today i regret why I sold them at a lower price. Hope the buyers now don't sell this asset at a cheap price.
The price could never been that cheap as mentioned, even with that price you could have managed to earn a good profit. While you were buying the money value too might be low. Based upon the factor of increase with respect to time the price have increased from the lowest. Also the price variation happened much during the past few years.
4550  Bitcoin / Bitcoin Discussion / Re: actual number of people using Bitcoin? on: January 28, 2017, 09:10:01 AM
whats the reason for you to find out about those people who uses bitcoin upto this date. by answering your questions you can have a research about the wallets that had created, but you can have that exact amount that you expected. if you would want to know to nearest answer or the near to accurate answer you can hire a proffesionals to do that job. statistics proffesionals can do that job but just give them a little time to complete that job.
Professionals in the field of statistics certainly have techniques that can improve the accuracy of results, but the fact that many users are anonymous will bring inaccuracy in the results. I think that for this to be resolved it would be necessary to use a system that collects data and at the same time allows users to remain anonymous.
With techniques making an accurate strategy is possible if bitcoin is used for limited purposes. Now with bitcoin the scenario is different, its been used for varied needs. So one cannot exactly make a number of users. As it is decentralized the single data gets added in different name as anyone can use any identity, which is not possible with a centralized system.
4551  Other / Off-topic / Re: Who controls the Bitcoins? on: January 28, 2017, 08:34:10 AM
I agree with you, we knows that no one can controling bitcoin
the fluctuation of btc on the market is pure from the bitcoin community

Right, and until whenever I think bitcoin will never be controlled by anyone. However, some people consider bitcoin is controlled by people who have large capital, and I think it's a little true since in several exchanger price is controlled by a person. Whether it's from the exchanger or from users who have bitcoin with large numbers in that exchanger as he can influence the price movement bitcoin in "exchangers" not globally. Thank you
the bitcoin concept itself are decentralized , noone would know about this as the circulation spread out. but nowadays a lot of people think that chinese are the one who could manipulate the market they call it like 51% attack , some people believe more than half of bitcoin total available has been held by a chinese miner groups idk the truth about that.
That might be true, because bitcoin users were found high in China as well the relative countries around it. Manipulation happens in accordance to the Chinese bitcoin market. Then onward depending upon Chinese bitcoin market this will change because exchanges have been found using fake volumes to manipulate the bitcoin price movements.
4552  Economy / Gambling discussion / Re: How to spot a gambler addicted? on: January 27, 2017, 10:55:13 AM
Addict gamblers were the one who realize the true factors about long suffering and finally becomes a pro gambler. Addiction is a simple thing. You place on particular sports and if won lucky, if failed he tries to compensate by placing big bets. This when goes beyond limit or his affordability the problem of addiction gets started and everything gets collapsed.
4553  Bitcoin / Bitcoin Discussion / Re: Safety measures in case of huge profit on: January 27, 2017, 10:34:58 AM
The safest way for you to do this would be to create 30 paper wallets or even more. As you profit, transfer small quantities to these paper wallets, until each of them contain 1 bitcoin. Now find some online wallet and sweep 1 paper wallet at a time into it, and then sell 1 bitcoin for fiat at an exchange until all 30 bitcoins are converted to fiat.

This will decrease the risk of losing all 30 bitcoins, if you are compromised in any way. ^smile^
Such an increased security concern is not required, because these days wallets are found much improved with security features. Just diversify and place it in few wallets and have the personal keys secure. You can use it during the requirements directly or converting to fiat. Other than this if Op feels converting to fiat is risky make a investment with a trusted legit investment website even it gives low interest for the amount deposited.
4554  Bitcoin / Bitcoin Discussion / Re: What about the idea of a bitcoin shop in big cities? on: January 27, 2017, 09:23:04 AM
To spread the word out, all such ideas are great and need to be implemented and put in action.
This is the best way to make people understand what is Bitcoin by showing them how to use it as they will absolutely become eager to know more about this technology as today's youth is very much into it.

Exactly, A simple board of 'bitcoin accepted here' would make the customers learn more about bitcoin. People in India are now started using digital payments through web wallets, banking apps etc, especially after demonetization. Promotional activities played a huge role in building a large user base for such wallet providers companies. Similarly, I can see a good picture in near future for bitcoin and crypto currencies.
In India such a sdden increase in use of more digital apps have been experienced after demonetization. This is just a part because India is not a small country, the population is high. However wallet providers focus India, fiat system will overcome digital apps. Right now by situation people prefer digital apps but when the situation becomes stable with normal money circulation only ATM's will be used. Wallet usage gets cut down.
4555  Bitcoin / Bitcoin Discussion / Re: Could bitcoin prevent crime? on: January 27, 2017, 09:02:05 AM
Bitcoin evolved with the purpose of supporting and making the ease of transaction for illegal purposes. Now when gained more popularity, it is trying to overcome its negative part with the advantageous solutions of earning access, investment option and other related sources. Crime happens everywhere, so bitcoin is something which can make things in a much secure manner. This could eventually change, because people who have been using it for illegal needs have started to use it for good deeds.
4556  Other / Off-topic / Re: How many Bitcoins are lost forever? on: January 27, 2017, 08:33:06 AM
Large number of bitcoins would have lost from the day of its existence. Most would have been lost due to the loss of private keys. In the early days when bitcoin was not much popular a person lost 7500 bitcoins which was stored in a hardware wallet thrown in a garbage. He did it by mistake without knowing its value, likewise many people might have encountered in similar mistakes. So calculating the entire loss of bitcoins is simply impossible.
4557  Economy / Gambling discussion / Re: 50 Dollars a Day! on: January 26, 2017, 10:59:34 AM
I can't even make 20$ in gambling  lol then making 50$ a day you can if you have enough initial deposit to play but be careful all the time not all time you will win there are times that you are going to lose everything if i wre you limit your self playing gambling. TO not regret in the end.

That's the right way to gamble because earning 50$ per day is always very risky in gambling, even you need to invest big bank roll in gambling in gambling most of time there are odd chances, you need to over come those because without moving forward you cannot make your target on daily basis.
sometimes gambling so well, giving us absolute victory, even I also believe that a lot of people who generate more than $ 50, or even more than that in one day. but, you're right. not always you're going to win it. if you continue to play, you might lose money greater than that in one day.
Through gambling its possible to earn $50 a day based upon the luck and the strategies related to the event. At the same it cannot continue for a long as a reliable earning. For this reason its better to have a day job which gives a earning similar to $50 and as a part you can try gambling, if lucky you'll be earning more in a day than $50, else you can work more the next day to compensate the loss through gambling.
4558  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Really The Future Of Money? on: January 26, 2017, 10:14:31 AM
Joseph Stiglitz, nobel prize winning economist who appreciated the US government for shutting down the bitcoin for the reason of easy corruption, tax evasion and tax avoidance have shown positive signs in a recent Economic conference. He has suggested that countries like USA need to move from fiat towards digital currency. He too stated that, though it has got some drawbacks in the long run it moves in the right direction.
4559  Bitcoin / Bitcoin Discussion / Re: Is CHINA CONTROLLING Bitcoin? on: January 26, 2017, 10:03:22 AM
I do not think China controls direct bitcoins. Bitcoin is not controlled by anyone because of its decentralized structure. I think the indirect way is China's influence on bitcoin. I think that especially the news that comes out in it causes changes in the price of bitcoin.
True, there is no control but the main impact on the Bitcoin has just China. The latest example is the verification of the Chinese stock exchanges, the price at the time dropped significantly.
As mentioned the major impacts on bitcoin can be experienced based upon the china's market. On this basis we cannot judge bitcoin is controlled by China. Recent days in a popular Television Channel program the debate based upon the Bitcoin and its flaws and advantages for a digital economy which cannot be seen in any other country.
4560  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin overcome Paypal? on: January 26, 2017, 09:13:59 AM
yes, of course bitcoin will Overcome paypal. bitcoin has a greater potential than the paypal terms of viewing angle. ranging from business, transactions, and much more. bitcoin has a better edge than at this time paypal, but not everyone admits it. Well, I believe bitcoin will be the best.

As said bitcoin has the potential to overcome PayPal, which is just a transaction support processor working with a middleman. In a recent news one of the initiator of PayPal Peter Thiel indicated Bitcoin as an advancement in which he could have developed PayPal if he was aware of the technology prior to bitcoin invention. Also he has the plan of making of relative business with bitcoin. This serves as a proof that bitcoin will overcome PayPal.
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