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4581  Economy / Economics / Re: Is it profitable to run a Bitcoin faucet in 2017 on: March 19, 2017, 02:02:25 PM
Profitable. Only you need to think carefully. With the right approach and good advertising, you can get a satisfactory financial profit.

If you run any site its always profitable via Google earnings and other sort of services by advertising it. Same like how epay.info doing it. This site simply good for newbies and you guys can make satoshi in regular time period and payment has been processed on every Wednesday.
That is another way to promote your site through advertising but it would incur additional cost just for hoping that it will increase your site's traffic. I would rather focus on the quality of the site than advertise my site right away. The faucet game is getting harder and harder because a lot of them fail early on because of wrong decisions.
4582  Economy / Economics / Re: Have $20 worth of bitcoin, how to earn more with it? on: March 19, 2017, 12:52:15 PM
Men you don't earn really anything in Faucets. It is a waste of time and money (Electricity Cost) the only thing you are giving a favor too is the site owner who gains a tremendous amount every time you claim. Also seeing your rank which is a Jr. Member you still have limited options for Signature Campaigns. Be patient and you will be a Member soon which has good paying signature campaigns at that time. Signature Campaigns are like a good option almost 100 times better than faucets.
4583  Economy / Economics / Re: The future of the paper money on: March 19, 2017, 11:33:00 AM
I like paper money. I like to feel the buying power in my hands :p Bitcoin makes me feel like a robot. I am not saying paper money is better tho.

I also like to feel paper money in my hands, not virtual ones. Virtual do not bring such pleasure, they can not be touched and sniffed.
although you say feel more comfortable to use paper money but if the store no longer accept paper money. what would you do ? I think the era inevitably change. and everyone should follow it
I think it would be better to have both, there are stores that accepts bitcoin but I'm sure they will accept fiat also but most of the stores only accepts fiat. That shows how popular and strong fiat is, it has the confidence of the majority and bitcoin will only remain being used by the minority of population in this world, having said that the future is paper money is still good and will continue to be popular.
Bitcoin is not accepted worldwide and even when you live in a country which supports Bitcoin, I doubt that you can find more than 10 stores accept Bitcoin in your area. Fiat is still the king and we have to use it for a long long time.
Wherever you go Cash is king, now you may say Bitcoin is good as cash but the truth is it is not. Bitcoin right now to be cash need to be accepted worldwide which is not it is only accepted by some people in that country. Also Fiat currency is backed by the government which is good because you know it is stabler than cryptocurrency.
4584  Economy / Economics / Re: Best way for steady income on: March 19, 2017, 10:25:26 AM
I am getting steady income from signature campaign and full time job and I am very much satisfied with what I am earning as if I am short of cash at the end of the month then I have bitcoins in the form of back up to take care of my expenses but generally I don't prefer to sell them and save them for future.

Good to see that, you are in good signature campaign and you manage to have it all like posting while having a regular job and earn from it. But also be ready of the time that sig.campaign did not last for so long.

Exactly there is no guarantee that signature campaign will take care of us for a lifetime as it can fad away with time so we cannot depend only on it for earning bitcoins and we should also have plan b to earn them as multiple ways of earning will give you higher amount of bitcoins.

Right. It is necessary to have several sources of income and preferably passive, so as not to experience material difficulties in the future.
Yes that is right Signature Campaigns provide a steady flow of income, but it does not mean it is an effortless way to earn Bitcoin. Being part of any signature campaign requires skill in grammar and knowledge about the topic without that 2 you can get easily removed by the campaign manager. That is why campaign managers are getting stricter when it comes to hiring member in signature campaigns.
4585  Economy / Gambling discussion / Re: 2016/17 NBA Season on: March 19, 2017, 07:36:56 AM
Seeing it the Timberwolves has a slight chance of making it to the playoffs. But their is also a good parts on this and I am hoping that this next off season Thibs gets the last pieces they need to make into a championship team with the salary space they have they can sign another superstar, knowing the organization and their recent performance they can attract a few stars to sign with them. I am also hoping for a steal in the draft and a break out season for Kris Dunn.
4586  Economy / Economics / Re: The dream of getting rich with bitcoins on: March 19, 2017, 06:48:34 AM
This is really an interesting question, I like it. Actually, I also had the intention to get rich from Bitcoin, first to know Bitcoin, I did not have this idea but since I realized the true value of Bitcoin I changed my mind. I have found every way to earn more Bitcoin, I am involved in investment projects but not effective. Then I switched to trading, trading altcoin types and working on forums. I find this way quite effective, I have earned more Bitcoin. However, the dream of getting rich is still quite distant because everything takes time, I need to act and do more Cheesy
It is possible but it will be hard. The days in which you can easily double or even triple your Money with Bitcoin are now over. Right now it has a slow movement above 1000$ comparing it to its movement below 1000$. It is trying to tell us that if the demand does not increase it won't move up to our expectations. We can easily find other investments that are rapidly growing such as in the stock market.
4587  Economy / Speculation / Re: Why the price of Bitcoin going down so fast? on: March 18, 2017, 05:42:20 PM
It is normal for a currency that is not controlled by the government, instead it is controlled by people who has too many Bitcoin that can influence its price. What I am seeing right now is that it is either a normal correction or a panic selling or it can even be both. But don't worry I am seeing a major up trend after a few corrections happen.
4588  Bitcoin / Bitcoin Discussion / Re: Difference between Bitcoin and real money? on: March 18, 2017, 04:35:32 PM
I dont see anything different between Bitcoin and other currencies, and i believe Bitcoin is in fact real money, as we can use it online to buy and sell things, and also we can convert it to fiat easily without any issue.
The only difference its not yet used offline worldwide like the other currencies.

It will take time to get accepted offline but there is no worries as to make purchases either we can exchange it to fiat or else we can use bitcoin debit card which is accepted even at offline places for shopping.
I can see one major difference between Bitcoin and Fiat and that is Fiat Currency is controlled by the government and Bitcoin is controlled by rich individuals. You see here he who controls the currency controls its price. This difference leads to the fact that Bitcoin is not stable because at anytime one might sell all Bitcoin resulting to a price drop. The government on the other hand would rather have a stable currency in which the country can rely on.
4589  Economy / Economics / Re: If you were in desperate need for money.... on: March 18, 2017, 12:45:36 AM
The only option I am seeing is, and it only works if you have a job, having a loan from the bank. As long as you have a job that can cater there monthly payments than you are good with it. Also other banks require collateral which would be easy if you have car or something similar. I only require loans if they are sure that they will gain money in that investment you will earn. 
4590  Economy / Economics / Re: At what exchange rate would you call Bitcoin dead? on: March 17, 2017, 04:48:32 PM
$0.00, actually not that magical.
Yeah that is the price of Bitcoin that will make it worthless anything below that as well. Other than that even if it is price at 1 cent per coin still has hope for recovery honestly with Bitcoin not being controlled by the government but by people who lust for wealth can make it possible to make it go down to that level of course let us not hope for the worst to come.
4591  Economy / Economics / Re: Bitcoin can not replace fiat on: March 17, 2017, 04:09:20 PM
There has not been a country that officially approved the use of bitcoin, the main factor because they are still using fiat money for all transactions. Bitcoin will never replace a fiat money because bitcoin is decentralized and could not be in control.

Well there are already countries that recognizes and is in approval of btc. I've read that the philippine central bank already does this. Though i agree with you on the part that btc won't ever replace fiat. Possible even that without fiat bitcoin wouldn't survive. That is at thia point but i don't think there would be a scenario where in it would have to be a choice between the two. We can work better with both anyways
i do not think that there is any single country where the government has consider  bitcoin as legal currency. i think still some countries are thinking about it but still they do not consider bitcoin as legal currency.
No they don't. I know the Philippines and I have never seen a single store that accepts Bitcoin which proves the point that it cannot replace Fiat currency. The government plays a big factor to it on the decisions of businesses because they are the ones who can identify Bitcoin if it is illegal or not. It can really affects the companiws decision for making Bitcoin as a payment option.
4592  Economy / Economics / Re: What is your best investment strategy? on: March 17, 2017, 01:30:31 PM
I think it's not a good time to invest bitcoin right now, the price falling is just beginning.
I don't know but 1158$ per Bitcoin is a huge improvement compared to last year which is 553$ as far as I remember. We have not seen Bitcoin to stay up this price for a long time. But yeah if Bitcoin's price fall then it is now ok to buy more Bitcoin because it is on a discounted price.
4593  Bitcoin / Bitcoin Discussion / Re: if they can...why can't Bitcoin? on: March 17, 2017, 04:12:52 AM
I don't know but  I think Bitcoin does not have any problem when it comes to those payments. Also as far as I know Bitcoin is the only cryptocurrency that is accepted in some local businesses other than that there is none. Bitcoin as of today is the Father of Cryptocurrency and it is still growing.
4594  Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC? on: March 16, 2017, 06:48:48 PM
As of now investing Bitcoin directly is not advisable to do because there are a lot of scams and hyips our there almost all of them will run away your money before you reach your ROI. It is also not advisable to put your Bitcoin and exchange it for any altcoin because there is a lot of pump and dump coins out there. The risk you are taking is not the equivalent to the reward you are looking for.
4595  Economy / Services / Re: Tidex Signature Campaign [CLOSED] on: March 16, 2017, 06:45:31 AM
Hello Tidex, Thank you for accepting me in this camapagn. Here is the link of my account :
 https://bitcointalk.org/index.php?action=profile;u=898928
4596  Economy / Economics / Re: Build a Bank Of Bitcoin on: March 15, 2017, 04:50:22 PM
At first i would say, i dont trust everyone on the net. Bank of bitcoin is means centralized currency, and no one can guarantee it will be fine using it
look at what Coinbase is doing and you will understand how bad Banks can be. We should never trust third party since we can not fully control our money. Moreover, they can easily turn into scammers if they want to. Therefore, Bitcoin is created for the good purposes, for the anonymity and the security. Banks will destroy all these features
Yes, though it sounds bad but actually it's true that if we TRUST someone then we are risking our money to an indefinite risk. People deposit in banks because they are controlled by government and cannot run away like nothing.

There can be a group of escrow that control the bitcoins but then you won't be able to pay users interest as you can't lend them which actually is what banks do to generate revenue with funds.
Banks are actually almost risk free because they are backed up by big corporations. Also when your money is stolen from a bank the government will pay for its losses, because all banks are required that the people putting up money in them are all insured which means you will get back the money that was stolen from you. Banks are also risk free because they actually don't put up any returns to your money.
4597  Economy / Economics / Re: Bitcoin can not replace fiat on: March 15, 2017, 01:47:12 PM
Comparing Bitcoin to fait and use it as currency will again throw back the economy to ancient time when commodity or metal was used as currency and there was no regulated system.
Fiat money represents modernisation and development of human, using Bitcoin will be like wearing the cloth of ignorance!! Delibrately!!

The major drawback of fiat is that it can be printed without limit

That basically means that you fiat saving may become worthless overnight. I don't know about you, maybe, you don't really care (likely because you don't have any savings at all) but I'm dead sure that the total majority of people would not quite like this "representation of modernization and development of human[ity]". That's the issue with all fiat currencies which Bitcoin aims to address. Whether it will succeed or not remains to be seen but it is still better to try and fail than never try at all
Bro even the government wants to limit the prints of Fiat circulating in their country. You know why? Because oversupply of their currency will lead to a decrease in its value, it is basic economics really. The law on supply and demand you will see that the increase in supply will lead to a decrease in value. That is why governments are aiming for inflation and not deflation.
4598  Economy / Services / Re: Tidex Signature Campaign on: March 14, 2017, 10:28:05 AM
I have successfully followed the other steps and I am interested in joining this campaign Smiley

Bitcoin Address: 16vZj4UcMzpgNomEHSVdUJArrwA9GKp4Dy

I hope you accept me in this campaign so that we can work together.
4599  Economy / Services / Re: [NEW] BitFortune.io Signature Campaign | Fixed Weekly Payments on: March 12, 2017, 03:19:22 AM
I would like to apply in this signature campaign Smiley

User Name: Theb
Post Count: 166
Bitcoin Address: 16vZj4UcMzpgNomEHSVdUJArrwA9GKp4Dy
4600  Economy / Economics / Re: First investments in bitcoins on: March 12, 2017, 03:15:35 AM
Bitcoin itself is an investment so instead of investing bitcoins anywhere its better to invest our money in bitcoins to get best returns in future as investing bitcoins online involves a huge risk as there is no guarantee that those sites will survive for a long term and will give regular profits and if you have enough bitcoins in your wallet then its better to hold them without investing anywhere.
I don't agree with you about Bitcoin being the best investment option out there. From what I know investments should be stable and it should not fluctuate negatively. Bitcoin on the other hand is not a stable kind of currency and has a tendency of its users to do panic selling which makes Bitcoin's price drop massively. We all know that price drops are good but for investors if they bought on the wrong price it will result into a loss.
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