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521  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: October 28, 2017, 02:14:38 PM
Thats a big period to be able to predict anything about bitcoin future, but one thing is sure into 2022 bitcoin will be above 10000 dollars, and i believe atleast we will have 3-6 big countries wich had already legalized bitcoin. Not all people will join crypto world no matter if the value reach 50k or even 200k dollars, a lot people dont like crypto currencies and will ignore them.
I do not really see it as a big period. That is a very short period for something like that to ever happen. It is impossible. Almost everyone? Sure, it could be almost everyone in some places, but if we are to consider global adoption, you should check the news and see how far behind some people still are when it comes to technology and how long it would take before they can even keep up to the point of ever being able to use bitcoin.
It is not impossible and by everyone we can take majority of the world, obviously those who are living in third world countries are not going to use bitcoin by 2022. They have many other issues pending. The way bitcoin market is growing, we can expect anything from this amazing currency. The way it is increasing in value is amazing and it is attracting the attention of big companies as well now.
522  Economy / Economics / Re: What would happen if Bitcoin became a legal currency? on: October 28, 2017, 11:14:57 AM
From the info I have, there are handful of countries that think about Bitcoin an illegal forex. Additionally, it would not make a lot big difference if a more substantial quantity of nations around the world came to declare the forex as unlawful, because Bitcoin was developed to perform exterior the realm of governments, banking institutions or any other centralized establishments.
The info you have is not totally correct as there are just few countries that have declared bitcoin as illegal, few have adopted it, while most are yet to state their opinion but that does not make it illegal. You can make use of this for reference https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory
It is a good thing that bitcoin is disrupting the financial system and that is what makes it valuable and government won't just have a choice than to eventually join the train.
I will support your opinion regarding declaring bitcoin legal by majority of the developed states and only few has declared it illegal and that also just because they are afraid of giving complete power to their public over their wealth. These are usually those countries who are having corrupt government. Bitcoin is basically public currency and those who want to control people are never going to make it legal.
523  Economy / Economics / Re: Reason why you should Buy bitcoin now on: October 28, 2017, 11:07:25 AM
Because bitcoin prices are low, remember yesterday bitcoin prices have soared above 6k usd, so to buy bitcoin is now a good opportunity, because bitcoin prices have a chance to rise above 6k usd again.
Yes, this is the only reason why this is an ideal time for buying bitcoin because in November, there is going to be hard fork and then the prices of bitcoin will be out of reach of majority of the traders and investors. Those who want to enjoy large profit by the end of this year and want to make last months of 2017 memorable, they should grab maximum bitcoin at present for enjoying New Year ever.
524  Economy / Economics / Re: Bitcoin price on: October 28, 2017, 10:56:19 AM
Reading old posts is such a weird experience. The OP is from May and it seems like such a distant future! Cryptocurrencies really are shaking the world, and this is only the beggining!

Bitcoin to 50k here we go!!
There is no doubt that old posts are very weird and you feel like sick for investing into crypto currencies but the reality is that digital currencies especially bitcoin is the father of all these currencies and the center of interest and attention at the moment. There is no one who can resist the charm of bitcoin at the moment. I am also hoping that bitcoin is going to touch 50k dollars soon.
525  Bitcoin / Bitcoin Discussion / Re: What are the most common uses of Bitcoin? on: October 27, 2017, 11:38:03 PM
common use would be trading and investment bitcoin, buying and holding it for future profit. can also use as payment for goods online and also payment for your job.
Different kind of people are using bitcoin for different purposed as per their approach of thinking and as per their needs. Some people take bitcoin light in their lives and using bitcoin for the time being purposes without any future plans/aims and wasting bitcoin buying clothes, electronic accessories or something rubbish things while wise men don’t use bitcoin in this kind of ways.

They invest their bitcoins in trading for future purposes and they earn great profit from it but commonly people using bitcoin for trading.
Exactly there is so many purpose of Bitcoin and the main use of bitcoin is to earn money. According to my thinking it is the most useful asset in the present time. Different people have their own mental approach towards it. Some people purchase goods and services through it. A person can use Bitcoin to pay bills, online purchasing and trading through it.
526  Bitcoin / Bitcoin Discussion / Re: Who can destroy Bitcoin ? on: October 27, 2017, 11:32:44 PM
Some computer scientists say quantum computers are moving closer to reality and will cripple bitcoin’s encryption systems and doom bitcoin. Governments are investing aggressively in quantum computers, which are ultra powerful.

Quantum computers, first theorized by physicist Richard Feynman in 1982, have promised a new era of computing. The theory has only recently translated into significant real-world advances, with NASA, the CIA and Google working on a quantum computer. Computer scientists now warn the machines will cripple existing encryption methods and destroy bitcoin’s technological foundations.

Andersen Cheng, co-founder of Post Quantum, a U.K. cybersecurity firm, said that bitcoin will end the day the first quantum computer arrives. He said the quantum computer will undermine the cryptography surrounding bitcoin’s public and private keys.
Bitcoin recipients share their public key with the sender. To spend bitcoin, a bitcoin owner must use their private key. If another party learns the private key, that party can spend all the bitcoin.

Martin Tomlinson, a professor at the Security, Communications and Networking Research Centre in Plymouth University, said a quantum computer can calculate the private key from the public one in a minute or two. By learning all the private keys, someone would have access to all available bitcoin.
Tomlinson did not know when the first quantum computer will appear that will have this capability, but he noted that extensive research is under way. The European Commission announced a $1.1 billion project earlier this year aimed at bringing a “quantum revolution.”
For sure Bitcoin is very highly profitable currency. The destruction of Bitcoin is never possible because the investors are purchased bitcoin when its price is down and sale it when its price going up. But there are some factors which can really affected it. Like the world war is the big factor which can be cause of huge changes in the country. The other one is economy crises that impact the sale of Bitcoin. But all these can’t happen at a time. So bitcoin never dies.
527  Economy / Trading Discussion / Re: Hold or Sell on: October 27, 2017, 11:15:41 PM
In trading how do you know if it is time to still hold or is it the right time to sell? Do you go buy your profit margin  or actually wait for the highest possible peak?
For example if you're earning like 10% of your investment, would you just sell or would you be interested in waiting and seeing if it goes more up so you could earn more, in doing that its possible that it may go down and you then earn like 5-8%
But what is your process in this? How do you go about hold and sell timings?

in trading things to know is to buy when the price is low and sell when the price is high and how much profit you want depends on you, is it enough or you want more, I think if it has earned at least 10% then it is enough for me than I hold but the price actually went down
You need to set some target for you to achieve in trading or even if you are holding your coin. The rule you have mentioned is fundamental principle of staying in profit in the crypto market. You need to buy your coin at low price and for that you need to keep an eye on the pumps and umps of your coin. For earning profit hold it and sell it off when the prices are in your favor, never do panic selling fi the coin is bitcoin.
528  Economy / Gambling discussion / Re: losing 50 bitcoins gambling on: October 27, 2017, 11:11:01 PM
That's a big money on today's current price, I regret that if I'm on the situation of niagwai and it will be better for me if I'm not going to share my losses. That will make me feel bad all the time and I can't recover immediately with as the price of bitcoin is still pumping.
There is no doubt in this fact that at present where it is hard to earn one bitcoin, losing 50 is a big trauma and torture as well. You are never ever going to come out of regret for playing with such a big amount and I believe this person must be a gambling addict, otherwise no sensible man is going to bet 50 bitcoin ever because he knows the worth of bitcoin and is well aware of the consequences of losing such a big amount.
529  Economy / Gambling discussion / Re: Did you ever lose time from work or school due to gambling? on: October 27, 2017, 11:05:55 PM
Well for me i have my priorities in life so i never missed any of my schedule because of gambling, I do gamble after my shift since i am using Bitcoin i can gamble during break, lunch and while going back home. It is better to focus first in priorities before leisure , fun or enjoyment.

You are right we need to focus to our priorities specially with our work because this will be the one who can give us money to gamble, leisure should come next we won't work all day so why need to put our job in jeopardy for the sake of gambling when we can easily manage our time.
But my question here is why to gamble with money you earning rom your job for entertainment? There are many other ways of getting amused fi you really are a fun lover but gambling is not a good option at all. You are soon going to lose whatever you have in the bloody game for fun. This game is highly evil in nature and addictive as well. No wise man has been ever observed playing this idiotic game.
530  Economy / Gambling discussion / Re: How do you know when to stop? on: October 27, 2017, 11:02:05 PM
You never stop,you play while you have money it is addictive as a drug when you have you use,when not you try to find her,in gambling when you lose money you find way to find money when you lose everything you will stop.
Yes you talk about addictive gamblers, But smart gamblers know exactly when they should stop gambling and when they start to gamble and in what they gamble. Personally, I do gambling for just fun but i know exactly when i should stop doing that,  I always make some limits before i start gambling, It make me safe from losing a lot of money.
I strongly agree mate you said it very well,. gamblers who did not know when to stop is not healthy act anymore its already an addiction
and even if someone said that they gamble not only for fun but for profit as will then they should put a limit before betting of how much
they can afford to lost, because the possibilities of not putting a limit is when a time of misfortune bet then you will always keep on betting just to win back the lost amount of you so the tendency is you will get back home with an empty wallet., that is why the most important in gambling is setting up a limit and stop if you are within your limit.
There is no doubt in the fact that gambling is highly addictive and if the person is unable to differentiate between his losses and profits in gambling, it is clear sign of his being gambling addict. It is really hard for such people to get out of gambling permanently, they need proper counselling and medication for letting them live a normal life. We should keep an eye on our children to stop them for getting involved in such activities.
531  Economy / Economics / Re: Is bitcoin a good way to invest your money ? on: October 26, 2017, 11:28:14 PM
With the current price of bitcoin so high i do not see that it is a good way to invest your money at this time because a crash at this time would dent your bank account and it will hurt real bad ,i would be happy to invest in other coins which are not too high rather than investing in bitcoin at this time.
Lol! You need to wake up and be realistic. This is the right time of investing into bitcoin because after the hard fork of November bitcoin is going to make another history in the crypto work by residing at 7000 dollars. Those who are going to miss this time of making money with bitcoin are badly going to regret after 2, 3 years when bitcoin will not be in the reach of even rich people.
532  Economy / Economics / Re: Does this mean Cash will be extinct? on: October 26, 2017, 11:24:38 PM
If this happen all people should know the basic of computer.It takes many more years to do that,maybe if that would be successful it would be the basis of other countries to follow that system.Well gudluck for them.
It doesn't take many years to do that. Toddlers are literally growing up with super computers (smartphones) in their hands these days.
We have to wait for some more time in order to see what will happen. At present, there is absolutely no doubt in this thing that bitcoin and all other crypto currencies are getting more fame with each passing day. But you can’t deny the fact that paper money has its own importance and there is no way that we can underestimate the importance of paper money. Cash will remain in this world.


Fiat and paper money are different things. Paper money is garbage, annoying to use, and wastes a tremendous amount of resources for nothing. Fiat can stay for all I care, but cash needs to go.
Paper money is garbage only for those who are living in developed countries or are from the elite class of poor countries. You need not to be that much selfish, think about those who don’t even know how to read and write. For them the only method of dealing in money with others is paper money. Paper money needs to stay in world unless and until there is illiteracy and poverty.
533  Economy / Economics / Re: Is it possible for the bitcoin to lose it's value ? on: October 26, 2017, 11:20:19 PM
The way btc is now, I really doubt it  to happen. Lots of people investors or not are taking care of it and for sure they won't let this kind of thing to happen, it may dump to it's lowest point but losing it's value? I don't think so.
I also don’t think that bitcoin is easily going to lose its value. As far as crypto market is there, bitcoin is not going to lose its market value. Everyone is day by day increasing his/her investment into bitcoin in order to have secure and bright future. The way bitcoin is leading all other digital currencies and making them depend on it for their prices, it is clear from all this that bitcoin won’t lose value.
534  Economy / Trading Discussion / Re: Trading is unpredictable job. on: October 26, 2017, 11:15:55 PM
Your opinion is right. I would like to add 2 conditions you have not mentioned. Those are knowledge (you must have some basic knowledge about trading) and researching (you have to undertrand what you trade?).
It is crystal clear that trading is a profession that needs a lot of research and good analysis of market. You need to have maximum knowledge about your coins and significant information about other coins in the market. You should be able to understand which coin is better option for buying and at what time and for this purpose a lot of research is required. Trading is hectic as compared to holding coins.
535  Economy / Trading Discussion / Re: Does Bitcoin have a future? on: October 26, 2017, 11:12:22 PM
Bitcoin has future, but Im not sure, if will be like metod of payment, or more just store value. At this stage, BTC become very slow and expensive for money transfers.


Considering the fast price increase of bitcoin for the past years especially this year, no wonder bitcoin has a brighter future and that also means better future for us bitcoiners. The  higher percentage of increase compared to its decrease is obviously a good sign of the strong and growing crytocurrency in this modern world.
Bitcoin is to slow means of transferring money internationally at all. People are rather switching to bitcoin and leaving banks for international transactions because they are pretty faster with bitcoin without the involvement of any third party. There is no doubt in this fact that bitcoin is the most expensive investment and currency at the moment. I don’t think so there is a need of getting worried about the future of bitcoin.
536  Alternate cryptocurrencies / Altcoin Discussion / Re: What are the 3 thing you look for in an ICO? on: October 21, 2017, 01:37:35 PM
As the question reads.  For me:

-  The concept/vision - is it innovative?  does it solve a real world problem?  is the problem it solves something I am interested in?
-  The team - Size and experience.
-  How the coin relates to the concept.  Is the coin a key part of the platform?  Are other payment methods available to users, etc.


You know I often invest in ICO and in those ICOs I often look at the future concept of the project and the profit involved in the token. If the token have a good discount in the ICO then I do not hesitate to invest in them because when they release the token in the exchange after the end of ICO then I can get the discount amount as profit and when the project has a good future and it will get more demand in the future then I often hold my token to that time and get a good profit.
537  Economy / Services / Re: Looking for a Sales promoter on: October 21, 2017, 01:31:09 PM
Title says it all ,sales and product management.
I'd prefer a member with a good reputation.
I have an awesome product ,so let's make some business Smiley

For more information ,send me a PM ,or contact me at :
x01r@gmx.com

Thanks Smiley
For me it really depend on the product which attract the buyers. I am interested in this type of work but please tell me about the type of product which you want to sell. Is not it better that you provide the details of the product here on this thread? It will make it convenient for those who are able to work with you.
By the way please PM me the details so that I check it. Thanks.
538  Bitcoin / Mining speculation / Re: Dream investment on: October 21, 2017, 01:23:06 PM
My own description of dream investment is that if it will have a high passive income that is enough to sustain my needs, wants and add up to savings. Which means that I no longer need to work because my investment provides everything. Financial stability is sustained through this and it will be a dream because it is where I can just relax and enjoy life with my family while still earning. And also the security for my family is there.
Human nature intends to get as much money as they can managed to earn by any means. There are so many people who are dreaming about the future like us. Nothing is impossible in this world and you have to keep your dreams alive along the path. If your needs are catered, you have enough money portioned for savings, then nothing is better than dreaming. Keep it through.
539  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Thoughts about my crypto protfolio? on: October 20, 2017, 09:53:41 PM
Your portfolio is looking balanced for long term investment. In this portfolio all coins are very good. But WAVES is most promising. Hope you will multi fold your investment. Do not panic if market come down due to any reason.
Exactly, it is so difficult to manage such sort of portfolios as this man have now. Like you advised, things are not in bad condition at any time, there are just dips coming over again and again. So don’t be panic and I think nothing is better than this advice because all your business decisions are depending on it. Be brave and wise in your decisions and keep moving on, good luck.
540  Alternate cryptocurrencies / Speculation (Altcoins) / Re: If you have now 500$ for invest? Where you invest? on: October 20, 2017, 09:48:20 PM
Same question as in topic.
Where you invest your money today?
Btc, Ltc, Eth, Lisk or what?



I would still buy bitcoins and hold them for 6 months or so, maybe a year. Look what happened last year the price was $500 per BTC a year later x10 increase. There's no other way such as Alts beating the main cryptocurrency. If we have $ as the currency being used worldwide and mainly businesses around the world. Then we have BTC. I know there will be rise and fall but you'll see the massive increase like what happened before.
That is the beauty of bitcoin. Like you said, there is no other coin in the whole market of crypto that have much potential for being so productive in profit ratios. Bitcoin have made this happened and now the prices are still going up and up. Little dumps are the causality, it is not a new thing. But ultimate results are more attractive than these, so invest your $500 here.
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