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4861  Economy / Speculation / Re: Bitcoin - future money or big casino on: July 05, 2018, 04:29:24 AM
Bitcoin will be the future money because of its designed and simplicity and it is also convenient since you can just bring your smartphone with a bitcoin wallet in it and still do the day to day basis activities which is a good relief to the people who didn't want to bring wallet on their pockets because it might be stolen or they might put it on a wrong place or whatsoever.
4862  Bitcoin / Bitcoin Discussion / Re: Things you should know before investing in bitcoin on: July 05, 2018, 04:17:11 AM
I think you should invest in bitcoin and you should understand that this is an investment that can bring in quick profits and vice versa and it is difficult to bring in a steady income every month. It requires a lot of things from the investor such as patience, knowledge and investment tactics.
yes a good investor always think smartly, always patient in the face of unstable market price pressures, always strive for profit. all must be done thoroughly
That is right, good investors are not that people who are keep on complaining and instead of complaining they use their brain to analyze the current situation so they can find out what is the best way to solve their issue or problem. One of the things they do also after analyzing is they patiently wait for their target before doing any action.
4863  Bitcoin / Bitcoin Discussion / Re: Time to stop using Bitcoin as a form of investment and start using it as payment on: July 05, 2018, 04:05:44 AM
Just have patience and the time will come where people using it as a mode of payment and not form of investment because the price of bitcoin right now is pretty low which is the reason there are people who are not using it for their payment because they don't want to lose bitcoin and potential to earn more money by just holding.
4864  Bitcoin / Bitcoin Discussion / Re: Why do some people in crypto still wish the downfall of Bitcoin? on: July 05, 2018, 03:57:24 AM
They wish for a downfall for bitcoin because they want to get the cheapest bitcoin possible because they want to maximize their capital and they also want to maximize their profit so the choice for them is to wait for the downfall of bitcoin and buy those downfall from bitcoin so they can earn  a good amount of money if the market start going up again.
4865  Bitcoin / Bitcoin Discussion / Re: Do you think Bitcoin will become the first world currency for buy and sell ? on: July 05, 2018, 03:47:02 AM
Bitcoin can become the first world currency for buying and selling because it is a great way for doing payments or transaction since it is safe because you are untraceable and it is also one of the best since you just transacting online and you don't need to bring a huge bag of money for the transaction of buying and selling because all you need is a wallet for bitcoin.
4866  Bitcoin / Bitcoin Discussion / Re: Most Crypto investors are Cowards on: July 05, 2018, 01:57:13 AM
They are not scared they are just playing safe and not putting a lot of their money at risk because bitcoin is volatile and if you don't want to be in stressed for everyday because you are worrying of your bitcoin holdings then just put the money that you can afford to lose. It is not about the money that you are putting or the amount of money, it is about how you implement your strategy so even though you will only put a few thousand bucks then you can still turn it into millions.
4867  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin the Biggest Bubble in Human History? on: July 05, 2018, 01:47:24 AM
I've red an article and it says that the biggest bubble in human history is what they called the Tulip which makes people like crazy selling their properties and giving up all the things they had in order to get that but bitcoin is not like that because bitcoin has a purpose in this world and that is to help people to invest their money and give them a chance to make a bigger profit than the traditional investments.
4868  Bitcoin / Bitcoin Discussion / Re: My country banned bitcoin. What I can do ? on: July 05, 2018, 01:36:33 AM
there are many ways to continue the involvment with the crypto world. changing the ip`s of your computer may work and ease the work of yours just be sure no to tell your friends or anybody about it as you will never now what happens.
Actually you can still use it even it was banned in your country but make sure that you will be caught. Remember bitcoin can be access in the online world so once you can internet you can still used it. Dont worry because maybe in the following year it will change and be legalized also to your country.
That is true, just wait and maybe in the next few years your country will reverse the banning for cryptocurrency and make it a legalized cryptocurrency like the other countries did. Cryptocurrencies are not that attractive because of its instability so we should have to wait for a longer time but keep in your mind that all of this waiting will pay off for sure.
4869  Bitcoin / Bitcoin Discussion / Re: How do we change the public's view of Crypto world? on: July 05, 2018, 01:26:47 AM
We can change the public's view if we will show them our results for working in the cryptocurrency world. When i was a newbie and trying to encourage my friend to try bitcoin, they are all skeptical and look likes laughing at me but when they see me getting a lot of money from cryptocurrencies they start to envy and ask how i did it.
4870  Bitcoin / Bitcoin Discussion / Re: What does bitcoin need to improve? on: July 05, 2018, 01:17:26 AM
I can clearly see that there are other cryptocurrencies that are beginning to dethrone bitcoin, showing off there quick and secured transactions, though bitcoin continues to be the king. What does bitcoin need to improve state your opinions.
Bitcoin needs to improve the speed of transaction it will take an hour or more in my last transfer it takes two ours and the fees will kill you higg is also a big problem of bitcoin.
It is normal for bitcoin to reach to that time to just get a confirmation for the transaction because bitcoin is the top cryptocurrenc so it means that there is a lot of people are there in the network of bitcoin so people are making a lot of transactions which is not avoidable so the only thing that we can is to be patient enough to wait for the confirmation.
4871  Bitcoin / Bitcoin Discussion / Re: Crypto is For Risk Takers on: July 05, 2018, 01:06:49 AM
Cryptocurrency is indeed for the risk takers because they are the one who are engaging themselves into this opportunity because if you are not a risk taker then they will just stay at their comfort zone, trying to do the things that they used to do and not the things that they can do to improve something. Risk takers are the one who will become successful in the future compare to the people who stay in their comfort zone.
4872  Bitcoin / Bitcoin Discussion / Re: When you think of currency what will come to your mind? on: July 05, 2018, 12:57:40 AM
Mobile payments have changed the way we pay. It replaces cash and traditional credit cards with smartphone payment apps, wearables and contactless cash cards!
Payment of BTC and other cryptocurrencies is just one way of mobile payment!
We think of easiest to pay online by using this currency and our technology evolved. Well mobile payment really shows a helpful to the users that could attract more to use this kind of system. So when we think of currency is another method to use online.
There is a lot of cryptocurrencies right now that does have a very cheap transaction fee which is great to be a gateway or reason for making a mode of payment option to their business like stores or a place where they offer service. I know some of the places in my country that are now accepting it because they know that it is best for them to adopt this technology as early as they can.
4873  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi Nakamoto? on: July 05, 2018, 12:17:25 AM
Is the name used by the unknown person or people who developed bitcoin that is all I can say from my little research

It is also said that Satoshi Nakamoto is not an individual person but a group of giant tech companies working together to create the first digital currency which is bitcoin. If that's the case, then i believe there is always a group of people who are still giving technical support to bitcoin until this time because these tech companies are still existing today.
There are indeed a group of people who are still helping bitcoin in terms of technicalities and those are the developers who are making sure that bitcoin is still in a good shape and to make sure that bitcoin is not getting left behind to the other cryptocurrency in the market. Satoshi Nakamoto is such a legend for creating this awesome technology.
4874  Economy / Speculation / Re: Be patient or take a risk for money??? on: July 05, 2018, 12:06:07 AM
Be patient and also at the same time take a risk. When you are taking a risk then you should have 100% commitment to what you are doing and while you doing it then you should be patient in order to see the result at the end of the day. Taking risk is not all about being brave and keep doing things, it also involved waiting and having a lot of patience.
4875  Bitcoin / Bitcoin Discussion / Re: Bitcoin failed as a currency on: July 04, 2018, 11:55:51 PM
Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?


There are still industries that accepts bitcoin as payment and new ones are coming up every now and then. There are also private transactions that happens between users worldwide. The duality of bitcoin makes it really unique because you won't know which one will still in place in the future. When all bitcoins are mined, I expect that the prices will stabilise and it will be used more as a currency.
That is right, that is the same thought that i have when it comes to the supply of bitcoin, if bitcoin will be fully mined then the price of bitcoin will stabilize since people already have all of the bitcoin and most of the time, people will use it to buy things since the companies will accept it because of the stability.
4876  Bitcoin / Bitcoin Discussion / Re: Bitcoin become an asset on: July 04, 2018, 11:46:26 PM
bitcoin is said to be digital gold by many investors as of now bitcoin is considered to be a future asset it is better to hold for the long-term
Mistake, you think of gold as an asset because you have been deceived, gold is money and nothing more, it is just gold has been divorced from its function for a very long time and people no longer remember an economy based on gold this is what those that said that bitcoin is digital gold really mean, they mean that bitcoin is good enough to be compared to the main form of money that dominated the world economy for thousands of years.
Gold is not a money, gold is an asset if we will base it to that is the use of gold right now. Gold is being purchased as a bar, a jewelry and so on. Those types of gold can be putted into a safe storage where they can just keep storing their gold pieces and when the price of gold goes up then they can just sell it and take the money and their profit from it.
4877  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you fulfilled in cryptocurrency? on: July 04, 2018, 11:35:34 PM
I am fulfilled in cryptocurrency because i can now earn while at home and i don't need to go to different website to do freelancing and deal with clients which can be a good client and a bad client so i don't have a boss to follow and i can just work hard in my own house and still even though i don't have a boss, i am still getting the amount of salary that i want.
4878  Bitcoin / Bitcoin Discussion / Re: Can we make sure that our money we invest in Bitcoin is safe? on: July 03, 2018, 11:27:27 AM
First, you have to use good wallet to store your bitcoin such as hardware wallet Trezor, Ledger Nano or you can use online wallet Blockchaininfo ,Coinbase, both of them are good. Second, you have to use good exchange to trade bitcoin such as Binance, Bittrex.
You should not consider using the exchanges like binance and bittrex to store your bitcoin because that is not a good thing since exchanges are very vulnerable to hackers as the hackers always keep on targeting the exchanges because they know that there is a lot of money in that website and that is why you should avoid those type of place to store your bitcoin investment.
4879  Economy / Speculation / Re: some of the reasons that made the bitcoin's price down on: July 03, 2018, 11:08:32 AM
The doubt and fear of the people which is one of the main reason why the price of bitcoin is going down. Bitcoin's price is below 10,000 USD and a lot of people are now losing hope and doubting bitcoin if it will still go back to the top and they are now in fear that bitcoin might just keep going down but they didn't know that bitcoin is just giving opportunity to other people to accumulate more before it takes off going to the top of the moon.
4880  Economy / Speculation / Re: Bitcoin value on: July 03, 2018, 10:57:43 AM
Bitcoin value change every time depends on news and fuds the simple reason is that people believe that the piece of paper are backed by the
government and the government guarantee it's value.
It is all about demand in the market of bitcoin, so if the demand changes and it decided to go for a buying mode then it will dominate the seller's side and it will make the market's price of bitcoin up and that is the same thing that is applied on the selling mode it will dominate the buyers side and make the market's price of bitcoin goes down. So it is about the demand.
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