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4641  Bitcoin / Bitcoin Discussion / Re: How the future of bitcoin will look like on: June 03, 2017, 10:38:42 AM
From current perspective thr future of Bitcoin looks very bright. It seems that the price will continue to rise and get sky high. But one big disturbing factor on the Bitcoin market can change this and everything could look different now. So it's not very wise to put all your funds into Bitcoin without some back up.
4642  Bitcoin / Bitcoin Discussion / Re: Russia Reveals Plans To Make Its Own National Cryptocurrency on: June 03, 2017, 10:30:57 AM
I don't think that any government sponsored coin could be successful, not in Russia or anywhere else. This is kind of rasponse to Bitcoin success but they can't compete. With this Russia is probably trying to show that they are not against cryptocurrencies but it has to be under government control. So Putin style.
4643  Economy / Trading Discussion / Re: how to be a day trader? on: June 02, 2017, 06:26:46 PM
I'm not such expert but from some my experiences and experienced of my friends I wouldn't suggest day trading if you are not experienced trader already. Day trading could be very profitable but it carries much biger risk than other trading methods and you can easily be found in situation where you can lose everything very quickly.
4644  Economy / Speculation / Re: Reason of increasing bitcoin price on: June 02, 2017, 05:53:09 PM
For sure japan making it a legal tender has contributed, but I think more companies have seen the potential of bitcoin and with that both consumers and companies invested a lot of money into this new blockchain area.

I also agree that Japan has contributed to the price we are having now and that has brought some new positive tendencies. That also affected the situation of demand and supply and the thing that Bitcoin is becoming more accepted and by now is important player in the new world of finances.
4645  Bitcoin / Bitcoin Discussion / Re: BITCOIN IS TRAVELING PLACES!!! on: June 02, 2017, 02:24:33 PM
There is no need for such "bombastic" annoucements in block letters.
Bitcoin will not overtake and replace banks and fiat currencies. Banks will always have their roles in finances as long as the world is functioning on current way.
Bitcoin can and will find its place but it will not be the only currency, you have to be realistic.
4646  Other / Politics & Society / Re: Do you think ISIS uses Bitcoin? on: June 02, 2017, 01:19:55 PM
I'm sure it does. ISIS uses everything that can help to finance their dirty war especialy if they have good chances to cover their traces and money flow. Unfortunately Bitcoin can help them with that. They have specialized people who are monitoring new technologies that could be used for their terrorist activities. They are evil but they are not dumb.
4647  Bitcoin / Bitcoin Discussion / Re: Saving bitcoins on: June 02, 2017, 01:16:07 PM
It's good to save Bitcoin on two different ways. For some concrete purpose you need funding on some short period and on long term basis hoping that price will go up with longer period if time and you will have something that is called life savings. But you have to put a lot of efforts to get sufficient amount of coins.
4648  Bitcoin / Bitcoin Discussion / Re: Give your child/ren a bright future! on: June 01, 2017, 01:54:11 PM
Saving Bitcoins for future especialy at current price seams like a good plan to ensure children's future but there is a catch. Bitcoin is highly volatile and you can't be sure what the future price will be so your savings might end with much lower value than you expect.
You know how they say, it's better to teach them how to catch the fish than just give them to eat it. This sounds like a good receipe for the kids too.
4649  Bitcoin / Bitcoin Discussion / Re: Any way to have cheap transactions now? on: June 01, 2017, 12:07:36 PM
There are still cheap transactions but they are very unsecure. You can't know whether this transactions will be ever confirmed or not. It's the best to use wallet where you can control the fee or where the acceptable fees are suggested. I guess this new fees are the price we have to pay for using Bitcoins.
4650  Economy / Economics / Re: where should i invest my 0.5 btc ? on: May 31, 2017, 06:04:48 PM
You can sit and wait for the profit just from holding your coins or you can act proactive and try to actively make profit. I would suggest the latter no matter the risk included. You don't have to nivest the whole available amount, try first with some smaller sum and trade altcoins. The profu you get you can invest further until you'll have the sum you are satisfied with.
4651  Other / Off-topic / Re: What's your way of spreading Bitcoin knowledge? on: May 31, 2017, 05:17:43 PM
The best way is through direct contact with people. When you are talking to people and showing them all the benefits on concrete examples then the people are the most interested and willing to listen. Generaly Bitcoin lacks postive promotions in the media and more advertising. We as users can influence are friends and families and it's worth trying.
4652  Economy / Economics / Re: What don't you like about Banks and Banks controlling your money on: May 31, 2017, 04:58:45 PM
First of all I don't like banks becaise I think they have caused every financial crisis on this earth. They always run only for profit and don't care about the concequences and what will hapenn next. They charge too much for their services and they are often dishonest to their clients. At least this is the situation in my country. And that is why the Bitcoin is alternative.
4653  Bitcoin / Bitcoin Discussion / Re: 21 millions people to become millionaires are being created in public on: May 31, 2017, 02:34:54 PM
I don't think there are or will be so many millionares. The total amount of available Bitcoins is not spread equaly and only smaller number of people is holding the majority of coins others are just sharing the crumbs. So they can only dream to become millionares but.that is actualy not going to happen.
4654  Economy / Economics / Re: Bitcoin reduces unemployment on: May 30, 2017, 07:20:15 PM
Maybe in some other countries but not in mine. For that I think Bitcoin should be officiali recogonized by governement. But Bitcoin can in a way encourage selfemployment becuause for some people is the the additional source of income that gradualy became the main one, although in some grey or even black area. On the other hand it is hard to depend only on Bitcoin because of the volatility of price so you could find yourself without sufficient income for living.
4655  Bitcoin / Bitcoin Discussion / Re: Japanese Airlines to accept bitcoins soon on: May 30, 2017, 12:48:51 PM
As far as I know there are already some websites where you can buy airtickets with Bitcoins. Japan has seriously entered into Bitcoin story with regulations and all that so increased acceptance of Bitcoins in everyday life seams like logical step in full integration of Bitcoin into their system.
4656  Economy / Speculation / Re: A realistic bitcoin price in a year on: May 29, 2017, 04:42:45 PM
Realistic price is every price determined on the Bitcoin market based on demand or supply. Now we are in the period when the price was going up rapidly, we witnessed some minor correction and probably we will be for a while in the period of some stability. One year is very long period in digtal world, especialy for crytocurrencies but 6000 I find a bit exaggareted.
4657  Bitcoin / Bitcoin Discussion / Re: That moment when you buy 1BTC at $2500 on: May 29, 2017, 12:11:59 PM
Every investment is a risk, so it's Bitcoin too. And there is no guarantee for profit. But I'm sure the price will go up and even if you have bought coins at 2500 you have good chances for profit. But don't sell now, this was the correction of price, no need for drama, and the price will go up again.
4658  Economy / Speculation / Re: What is it that's affecting the Bitcoin price fall? on: May 29, 2017, 10:32:18 AM
I would say this was necessary correction. The price was heading up realy fast and something like this was expected. Some conditions on the market changed, probably the rate between supply and demand but last few days price seams to be more stable and the further growth probably will not be so fast.
4659  Bitcoin / Bitcoin Discussion / Re: Bitcoin banned in Ecuador on: May 29, 2017, 10:24:04 AM
For countries like Ecuador this doesn't surprise me. Since they have issued their own coin they thought this should be only one people are allowed to use. But we know that any ban never has stoped people from anything, sow Bitcoin users are also not afraid of that ban. But as long as the government supports their own cryptocurrency they will not allow Bitcoin to be used because that would be direct competition.
4660  Alternate cryptocurrencies / Altcoin Discussion / Re: How long will cryptomania last? on: May 28, 2017, 06:42:50 PM
It's hard to say and 3 or 5 years are very long period of time in crypto world. Now it's the time when you should catch this wave and ride on it to take profit. People who are long enough in crypto world now how fast and unexpected things can change so you should act now and not be so focused on future developments.
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