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4921  Bitcoin / Bitcoin Discussion / Re: when is the right time to invest on bitcoin on: October 19, 2017, 01:22:05 PM
The most logical thing to do is to buy at the dips, however bitcoin's price has no other way but to go up so you could buy anytime you like and still be sure to profit in the future.
4922  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin Ever Be Shutdown? on: October 19, 2017, 01:08:03 PM
If some hacker could control half the hash power then deliberately sabotage its blockchain then yes, bitcoin would technically die. Another way is if the internet is ever shut down which is almost impossible to happen.
4923  Alternate cryptocurrencies / Speculation (Altcoins) / Re: why most alt coins price is dropping down? on: October 19, 2017, 12:16:13 PM
Altcoin investors are pulling out their coins and reinvesting it on bitcoin for the purpose of obtaining bitcoin gold. That diminishes most of altcoin's market cap making their price low. Don't worry though, after the fork prices would pump again like crazy.
4924  Economy / Economics / Re: Is it possible for the bitcoin to lose it's value ? on: October 19, 2017, 02:51:55 AM
It is indeed possible but not likely to happen. The reason why btc has its value is because people perceive it has, thus they trust in the system. If this trust were to disappear though (by hacking or deliberately making the market go down which is not realistic), bitcoin will lose value and most likely die.
4925  Economy / Economics / Re: Why Should I Choose Bitcoin ?? on: October 19, 2017, 02:42:58 AM
It is the most established cryptocurrency and is the most stable. Any investment that one might get in it is sure to profit given time so might as well join in the market as it will be only going up.
4926  Economy / Economics / Re: it is possible fiat currency will crashed? on: October 16, 2017, 02:27:11 AM
The possibility are non-existent as long as cryptos doesn't have the capability to do what fiat does i.e instant transactions, usability, and liquidity. I also don't think countries like the US would give up the use of fiat--which is backed by their economy, for a currency that is highly unstable and decentralized.
4927  Economy / Economics / Re: Appreciation of bitcoin on: October 16, 2017, 02:20:24 AM
I'm sort of late in the game but I'm still gonna buy bitcoins after the fork because I feel it's price would go down even for just a bit and it would be my chance to participate in the market.
4928  Other / Off-topic / Re: If you die, what will happen with your coins? on: October 16, 2017, 02:05:43 AM
I would store in on a bank a flash drive (or in a paper) with all my private keys and all the instructions they might need for claiming those properties which can only be opened by my spouse or my parents.
4929  Alternate cryptocurrencies / Altcoin Discussion / Re: All coins are now dying, what do you think? on: October 16, 2017, 01:27:46 AM
It is normal that altcoins bleed when bitcoin surges, just wait until the fork ends and we'll be in the green again. Like what happened last time on august fork, you only lose money when you sell below market price.
4930  Economy / Economics / Re: Bitcoin successfully defeated China on: October 15, 2017, 02:32:42 PM
Same thing will happen after the fork, I suspect it would go back down a little then pump like crazy. I'm expecting two events this year that would make increase in price (bitcoin gold and segwit2x) so I'm going to buy more until then.
4931  Bitcoin / Bitcoin Discussion / Re: Is bitcoin is the new era of currency? on: October 12, 2017, 02:58:06 AM
It is very likely that shops would accept bitcoins as payment considering that it is already classified as legit currency in some countries.
4932  Bitcoin / Bitcoin Discussion / Re: Bitcoin in the future on: October 12, 2017, 02:50:24 AM
We cannot know for sure if bitcoin is still the number one crypto in the future but one thing is certain, the rate at which people discover the existence of crypto is still slow so 5 years may not be enough.
4933  Economy / Economics / Re: Most people dont even know what this is yet. on: October 11, 2017, 10:43:31 PM
I called around some stores to see if they accept BTC, no one has even heard of it except like 0.1% of people.  Wait till people actually find out this exists...

Yes I agree completely, bitcoin still hasn't reached it's peak popularity yet. Give it time, say 1-2 years and probably people would be nuts about buying/owning bitcoins and we, on the other hand, would gain high profit with it as one of the early adopters
4934  Economy / Economics / Re: Why is bitcoin associated to the underworld? on: October 11, 2017, 09:47:07 PM
Bitcoin offers anonymity so it is pretty much a playground for criminals as crimes would only be punishable if the person is known and has been caught in the act. Considering the fact that many altcoins far beat bitcoin in terms of anonymity, what makes criminals flock to it is it's value. 
4935  Alternate cryptocurrencies / Bounties (Altcoins) / Re: Micromoney (AMM) bounties Campaign on: October 11, 2017, 06:49:27 PM
Are there any specific sections where posts wouldn't be counted? (like off-topic, gambling, local)
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