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541  Economy / Economics / Re: The future of the paper money on: February 27, 2017, 05:56:55 PM
In the future, paper money will disappear, it will be replaced by another currency. In other words, paper money will become worthless because many countries print more money to stimulate the economy, the value of paper money will decrease serious. And i think electronic money will be the main currency in the future because it safe, fast and ensure transparency
paper money will not be replaced with another currency. paper money only will rejuvenate become more sophisticated and more flexible. The new version will be even more likely to be digital

Well i think the future of paper money is it will still be in our future. I agree that technology right niw is in a very fast pace but think about it, there are still a lot of countries that can't catch up with how fast technology is. Digital currency may become one of the top currencies that world will use in the future but i don't think paper moneybwould be obsolete in any way because a lot of people will still have a need for it's use
yes the use of technology is increasing from time to time and now i can expect that bitcoin is the future of money and hope that very soon the majority of the people will be using bitcoin for buying and selling in their local shops.
yes there is no doubt that bitcoin is the future money money, because the use of bitcoin is increasing continuously and more and more people are entering in the world of bitcoin, and specially for online purpose people have already changed their option to bitcoin.
542  Economy / Economics / Re: Is trading just educated guessing? on: February 27, 2017, 05:52:54 PM
I have never try to trade. I even don't know what skills a person has to have to become a successful trader. But I think bitcoin and other altcoins are that kind of money which are worth to try to trade, cause of results can be seen very soon.
Trading is basically just buying low and selling high just like what ordinary sellers in real life doing until now, although thing works like that there's still some different circumstance that's actually even more complicated than the real trading in the real world.
The price changes are often happening between a short term of time which make it even more profitable but also you may bear the high risk of losing your money.
yes trading is depending on buying and selling, but i think education and knowledge is too much helpful in education. i think education may you more mature and let you know what to trade and what not to trad and where to invest from from where to stay away from investment.
543  Economy / Economics / Re: You should never trust banks on: February 27, 2017, 05:45:17 PM
I trust only banks which ran by government private banks take your money to cover their profits on way or another.
I think anything under government will be reliable mate. the government will not likely do a scam, even the government is prepared to be responsible for all damages that causes by the bank

Than why government are giving permission to private banks, really private banks charges are really very high. Why can't government start different banks according the cities so that people's money be safe. Instead of paying high transaction fee government should understand all these ethics to overcome different type of problems being faced by common man.
I think only in few countries the government gives permission to the private bank to operate. in my own country that does not exist. all banks are transparent and controlled by the central bank in the country

yes that is a fact that most of the banks are connected with central banks and are mostly under control of governments and that is the reason we can fully trust on bitcoin and there is no reason not to trust on bitcoin.
544  Economy / Economics / Re: Make money from money on: February 27, 2017, 05:41:27 PM
Well, basically every business, definitely need money to make money very much. for example, if someone is trying to make more money, maybe she should invest in one altcoin, or something else. it requires a lot of money, in order to generate a lot of money. it is a natural thought of a businessman.
yes money is important for making money from a business, but i think the most important thing in business is experience and skill, knowledge is also important for business. if you have good knowledge, experience and trading skill then you can also make a good money from trading and investment.
545  Economy / Economics / Re: Why is bitcoin worth? Welcome to discuss on: February 27, 2017, 05:35:15 PM
The Bitcoin is worth because it is safe way to send and get money from other people.
And Bitcoins keeps getting supporters what will make it worth grow.

Yes, you are right Bitcoin community is growing every day. This strengthens Bitcoin and making it stable.
Bitcoin For me - it is the most convenient way to pay some fees
Bitcoin is growing sharp with the continuing adoption of bitcoin by big companies as well increasing user profiles. Not just in the sending and receiving bitcoin is worthy, it is getting use in all places. These days people face a lot difficulty in getting confirmation in a short which is important for bitcoin transactions.
in fact bitcoin is the need of the day. i think bitcoin is increasing day by day and hope that very soon the use of bitcoin will become more and more popular and that is the need that bitcoin will be the first priority of the people.
546  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: February 27, 2017, 05:30:49 PM
The price of Bitcoin is really important and that is quite nice because if the value is high than there will be a lot of people that can have some profit and that is also nice.
And the bad thing only is that it can takes a long time until the value will be more worth so you need the patience for it.
yes that is right to say that the price of bitcoin is too much important because if you want to increase the number of bitcoin users then the price must be increasing continuously so as to get the confident of more and more people.
547  Economy / Economics / Re: Is it better to save money or invest it? on: February 27, 2017, 05:27:25 PM
It's better to invest than save. I think right now, the market is open for any investment available. Wait for bitcoin to stabilize it self on the current market and put your money in cryptocurrency. Saving is a dumb way to make money off of interest rate, banks will always make more.
investing will give you the advantage. will be good also if you want to combine with the store as well. certainly it will give you a good impact. because you can save the profits that can be collected

It depends on what type of investment you are going to enter. Not all the time investing will give you an advantage, sometimes it will give you an headache if you don't know how to handle it. But I'm always neutral with this type of things. Both things are good to do, just keep on saving and later on you have something to invest.

Investing in something you don't know will just a waste of money, saving it is really much more better to do. Both can also be bad if its too much. Investing all your money will be a big risk if most of your investment will be not successful. Saving all your money is also bad because your money won't grow and can be easily spend when you retired. It is good to balance your money so whatever happens in the future you and your family will be secure.
but saving mean decreasing the value of your money. if you will invest your money in bitcoin or in alt coin then you will really increase the value of your investment. so i can say that investment is more  better than saving.
548  Economy / Economics / Re: How many Bitcoin do you have saved? on: February 27, 2017, 05:19:34 PM
It doesnt matter how much you save the most important is  how did you earn them,is it legal or illegal.? Im sure those who are using illegal ways in earning bitcoin can save almost more than you expected . But in return they will lose all that btc because of thier bad doings.
Yes you're right but most of us here in the forum are earning bitcoins in a legal way. Do you think gambling is illegal? If yes then considered me as one of those people earning in illegal ways  Grin
different people have different views about bitcoin, in some religion and states bitcoin is a as illegal and is Prohibidant while in some state or religion it is totally legal and everyone is free to play gambling but on certain conditions.
549  Economy / Economics / Re: Why Should I Choose Bitcoin ?? on: February 27, 2017, 05:15:40 PM
Only upsets that have half lives to live modestly and save that in the distant future to become rich. May be
Yeah, it is no doubt that the bitcoin has a really bright future and it has the potential to become something that is either rare to find or used so much in our lives and it only makes sense that we today struggle to save and invest in bitcoin in order to find ourselves rich when that happens.
yes i agree with you, there is no doubt about this that bitcoin has a bright future and we can feel that from the present progress of bitcoin. as the price of bitcoin is increasing because people are continuously investing money in bitcoin.
550  Economy / Economics / Re: Where can i invest my money? on: February 27, 2017, 05:13:36 PM
Everyone wants to invest without risk, and that it brings maximum profit. But it is very difficult to find this kind of investment. Some are willing to risk and investirovat in HYIPs, but it is very risky. Everyone has to find their own optimal way

That's right invest after doing good research but it will never take risk to zero level and certain level of risk will always be attached with any investment and same goes with bitcoin too as you never know whether the price of bitcoin will go higher or lower in future.
yes investing bitcoin in a profitable business is not such an easy. i think it require a lot of study and analysis and after that you can choose suitable place for investment. i think you need to invest only that amount of money that you can easily bare to lose there are also chances of losing money.
551  Economy / Economics / Re: Why Should I Choose Bitcoin ?? on: February 27, 2017, 05:11:05 PM
I opt for bitcoins because of secured global transactions at near zero processing fees and the great accessibility that the blockchain technology presents to each individual user. It's fascinating to have these features of Bitcoin in our time.
Everyone is attracted to the low transaction fees in the beginning but now a days i think the fees are increasing if you really wanted a faster transaction and if it continues like this there will be a time when the fees will be higher for a simple transaction and you have to completely void micro transactions through bitcoin.
yes that is now creating problems and that problems should be solve on time. i think the exchange must do the change on conditions and they should not be let as free to change their transaction fees according to their own desires. i think this can create problems in future.
552  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: February 27, 2017, 05:07:35 PM
I'm not sure that Bitcoin will replace fiat. I do not see any sense in it. Bitcoin has already taken its place in the economy and in the life of users. Why do we need to Bitcoin replaced the dollar
Bitcoin is supporting our digital financial but not for the our real financial. bitcoin is not taking the place of fiat. and bitcoin still have a lot of the home work with the government authorities about to the legal statue.
yes currently its look like impossible but i think it is possible  but late in future not so early. when all people will accept bitcoin and will start bitcoin instead of fiat. then fiat will become useless and bitcoin will surely take its place.
553  Economy / Economics / Re: What is your best investment strategy? on: February 27, 2017, 05:05:23 PM
my strategy for investing is very simple, we see the market, we want to first determine the long-term investment or short-term, after the new tau coin we find where the more crowded the market is to buy low diharga hold until prices up bru sale
It may seem simple but I think the profit and loss statement are the chances the same. the most important thing is there is no guarantee by using your strategy like it's always get profit, better hold bitcoin and wait until the high price that we sell.
Currently it is a good strategy to hold bitcoin for a longer time. As the price of bitcoin is now trading above 1100  and it was already expected that the price is going to cross even its all time high price in a very short period of time. And now we can see that we care very near to that point. I think still its time to hold bitcoin and not sell it.

Holding them is a good way to make profits in future but some of them should be invested in trading to multiply bitcoins in a quick them along with making regular profits but if you don't want to take any risk then best choice to simply keep them safe in wallet and sell when price goes higher.
i think a very little portion of our income should be hold because investment is more profitable while only holding can decrease the value of your money. but if you will invest your money then the value of your money will increase more and more. therefore investment is more good that holding.
554  Economy / Economics / Re: Do you Still believe in Fiat? on: February 27, 2017, 04:59:31 PM
Fiat is the one that has given the best financial service for all our needs. If fiat is not there the system will collapse entirely, so fiat will rule the world even when bitcoin and other currencies increase in acceptance.
you are right that at the moment fiat is the best financial system though in the future all the things might easily change, I think that bitcoin will be a national currency in the future.

Bitcoin is already a global currency, but bitcoin cannot take the place of fiat currency. Fiat currency is ever green currency where we are using it from decades, fiat currency is the majors aspects in human being daily life. Through we have many option where we can use it for all needs we have.
currently it is not taking the place of fiat but i think in future when the people will fully implement bitcoin then it can be possible to replace bitcoin instead of fiat but still it will take a lot of time and it is not so easy.
555  Economy / Economics / Re: In which country is capitalism better implemented? on: February 27, 2017, 04:53:41 PM
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. But in every country there is a different form of practice.

For example, is America and capitalism in Europe the same?
Or is the capitalism in the middle eastern countries and African countries the same?

In which country is capitalism better implemented?
It depends on what you mean by better implemented, if you are looking for the best opportunities to make business then the first world seems to be better for that, but if what you are looking is to keep most of the fruits of your labor for yourself then look for the countries with the lowest taxes in the world.
to me i think by better implement mean that the facilities of bitcoin should be available everywhere. as still bitcoin is not yet present everywhere and only present in such areas where the users are more to me i think the facilities of bitcoin should also be present in all other areas. so that people can get benefit from it.
556  Economy / Services / Re: Byteball Signature Campaign(accepting local posters) on: February 27, 2017, 05:35:22 AM
i want to join please

Btctalk name: carlerha
Rank: Sr Member
Current post count: 559
BTC Address: 1L1EewnvipyfYKJhajbWKZGUFQ2WUm6d9a
Wear appropriate sig: yes
already worked with you in this signature campaign. i will change signature and avatar if i am accepted here again.
557  Bitcoin / Bitcoin Discussion / Re: How did you first hear about bitcoin? on: February 22, 2017, 08:16:21 AM
Are you a bitcoin fan?
Do you spend a lot of time on bitcoin? Reading news, trading, or even writing your own analysis.
But how did you first hear about bitcoin?
Is it some articles you read about? Or just from a friend who has traded bitcoin for a long time?

Share your experience with us. Grin

I heard Bitcoin name firstly with "Silk Road" news. Then I started to examine it in detail. There are still a lot of issues that I still need to learn.
There is a lot of interest, especially in technical sense.


No many people came know via news or media. Most of the people came to know about bitcoin through their friends or from internet surfing. I came to know about bitcoin by my next room mate when I am asking about additional income so he thought about it.
yes i also heard about bitcoin through media. and after that i heard about it from my friend and after that i start getting information about bitcoin and when i become sure about bitcoin then i start using it and invest my money in it.
558  Economy / Speculation / Re: How Will It Affect The Bitcoin Price, If Satoshi Tell The Truth ? on: February 22, 2017, 08:09:07 AM
If Satoshi Nakamoto tell the mysterious truth about his Bitcoin and Blockchain invention and all the secrets to the media, how will it affect the Bitcoin Price ?
If someone just prove himself as satoshi nakamoto by signing a message with bitcoin address that are supposed to be of satoshi, it will be enough to create so much panic in the market which may lead to massive price dump due to fear.

depending on the disclosures that satoshi Make many governments will seize the opportunity to ban bitcoin and may even start making prisons for bitcoin users

Bitcoin benefits greatly from the anonymity of satoshi

what are you talking about? what kind of truth? i do not think that there is any thing hidden in bitcoin, bitcoin is very clear and will always remain clear. i do not think that there will be any effect on the price of bitcoin.
559  Bitcoin / Bitcoin Discussion / Re: Daily use of bitcoin? on: February 22, 2017, 08:04:02 AM
i guest even bitcoin need to confirmation
then we have to wait long confirmation ,
i think its not good for fast food company to use bitcoin as payment  Grin

The only draw back the confirmation times but that doesn't rule out the fact that Bitcoin can be used on a daily basis because if the developers manage to increase the block size thus confirmation waiting time problem will be solved and people will be able to make purchased quicker.
yes that is right to say that these problems must be solve n priority basis. because people are now using bitcoin as fiat currency even in local shops so they cannot wait for such a long time for conformation. otherwise it will then create problems.
560  Bitcoin / Bitcoin Discussion / Re: The year of 2017 would be a golden year of bitcoin and what is your thought? on: February 22, 2017, 07:58:04 AM
as far as price goes and the rise of it, we are all happy and enjoy the rise.  and it has been rising so far with a very solid rate.
but as far as adoption goes, we are not yet close to the golden ages. and i will call a year a "golden year" when we can see some real adoption and see some more people seeing bitcoin as a currency.
yes from the very beginning of 2017 the price of bitcoin is increasing, therefore we can expect that the price of bitcoin will cross 2000 USD level very soon and that is the reason that 2017 will be the golden year of 2017.
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