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5461  Bitcoin / Bitcoin Discussion / Re: Bitcoin affects students' performance in school on: March 06, 2018, 07:59:17 AM
This is real. I have a friend that is in the college degree right now and he is experiencing some difficulties in balancing studies and bitcoin at the same time so it is affecting his performance in school and he is now having a lower amount of grade compare to his past grade during his studies. It really affects his studies to get into bitcoin but the positive part is, he can support himself alone financially.
5462  Bitcoin / Bitcoin Discussion / Re: Any chance for USA to ban bitcoin? on: March 06, 2018, 07:05:51 AM
There is no chance for the USA to ban bitcoin because bitcoin is really performing well and there is no valid reason for them to ban it because they can just adopt it instead because with bitcoin, they can process payment faster than ever and they can get a chance to get into a very good investment which can give them big profits in the long run because of the potential of it.
5463  Bitcoin / Bitcoin Discussion / Re: Why I would rather have paper money then Bitcoin on: March 06, 2018, 06:47:32 AM
I prefer paper money compare to bitcoin in only term of spending because when i will spend bitcoin on a store for example, it will require me to pay extra money aside from the tax included in the item for the fee of the miners to complete my transaction while in paper money i will pay smooth without paying for extra fee for miners because all i need to do is to hand over the cash.
5464  Bitcoin / Bitcoin Discussion / Re: Why China banned bitcoin? on: March 06, 2018, 06:15:07 AM
They banned bitcoin or cryptocurrencies in general because they noticed the scams that is happening on the ICOs so they don't want to experience it anymore so they decided to just ban the cryptocurrencies which is not a good idea for them because they can just make a regulation to avoid scams and not fully banned bitcoin and other cryptocurrencies.
5465  Bitcoin / Bitcoin Discussion / Re: What if bitcoin wasn't created? on: March 06, 2018, 05:58:54 AM
Maybe if bitcoin is not created my life would be the same, work then go home and nothing to do after work and if have spare time or maybe I will look for other extra income such as online business. But I think weather bitcoin is not created something will came up to which have same function as bitcoin the only difference is the name.
That is right, if bitcoin is not created then a lot of people are now still working like a slave for money like waking up in the early morning and getting into work and experiencing heavy traffic and also getting a lot of stress from work and doing the same thing over and over again until they get diseases because of their routine and they die and not experience the best things in life.
5466  Bitcoin / Bitcoin Discussion / Re: Great way to make Bitcoin! on: March 06, 2018, 05:46:15 AM

The great way to make bitcoin is to hold or to trade. In that way, we can get huge profit but we have to be very careful because not all times we get profit, there goes losses behind wins.
Having a loss in trading is natural and we should get used to that and the best thing that we should really do is to just put our attention in those losses and find the mistakes and take it is a lesson in order for us to become better and always make our mistakes/lessons as a basis in creating decisions to avoid repeating the same mistake that we have been done.
5467  Bitcoin / Bitcoin Discussion / Re: Is bitcoin an asset or a currency? on: March 06, 2018, 05:03:32 AM
I think bitcoin is an asset and does not match currency, a growing value would be nice if we had bitcoin, and I hope that bitcoin value this year could reach $ 50k so the assets I keep in bitcoin make me successful and rich.
A lot of people are considering bitcoin as an asset because they are being profitable in the long run. Although I think we can still use bitcoin as both, currency and as an asset. One of the good thing about bitcoin as a currency is that it has fast transactions and you can send it around the world. No need to fill up different kind of forms all you need is an address. But it really depends upon the person how he/she is going to use bitcoin.
It will only become currency if we can use bitcoin just like the regular fiat money and use it on a daily basis but it is not happening right now and the only possible thing with bitcoin is to become an asset that we can invest our money and hold it for long term investment and generate huge profits with it which is what we want for our money.
5468  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin a currency or asset? on: March 06, 2018, 04:50:40 AM
I think bitcoin is primarily currency latter then it also as an asset, as the word says cryptocurrency it is currency, by which we can make an investment and can trade by using that can accumulate coins, once we accumulate that becomes an asset.

Bitcoin turned into a currency when it becomes very expensive and when the value increased the popularity is also increasing as the time goes by, there are a lot of people today who are investing in bitcoins in order to earn profit in the future or use it to buy products online so it was a currency.
It is literally an asset as of now because you cannot have the chance to spend it in the ordinary stores like a currency because the store owners doesn't even know what is bitcoin so there is a very long time to wait before we can say that bitcoin is also a currency and asset at the same time because right now it is just a form of investment.
5469  Bitcoin / Bitcoin Discussion / Re: I'm gonna sell my house on: March 06, 2018, 04:27:03 AM
I am sure we touched the bottom today. so i am going to real Estate Dealer for selling my house and buy bitcoin. I suggest you all do that

If this is true, then it is really crazy. I wish your are not gambling with the current market right now. Do your math again, I am afraid it will get more deeper than you expected. Consider to weight your portfolio, you can use 10% of your asset for crypto. Wow just wooow
Don't be greedy and always use low amount of money for the cryptocurrencies to stay safe because the cryptocurrencies as an asset is a very risky thing because they can just go down hard in just a few hours and go up after a few hours also so you cannot really say that you will be getting profits with this assets because they one of the hardest thing to predict.
5470  Bitcoin / Bitcoin Discussion / Re: What is Virtual Money? on: March 06, 2018, 03:46:18 AM
Virtual Money for me is something which you cannot physically hold or keep, it is an internet or digital currency which can also be cash out to any kind of currency in any part of the world which has a mobile or internet connectivity so without the said connectivity this currency will never exist also, digital currency is best when you are traveling because it release you the burden of bringing the actual paper bills in which we are very used to.

You are right, the virtual money or currency can be only find in the internet and it will not become possible to be in the physical world because it is called virtual means it is only digital and the best examples for that are the bitcoin, ethereum and litecoin, they are the virtual money but also a technology that will change the world in the future so embracing them and the other cryptocurrencies is a must.
5471  Bitcoin / Bitcoin Discussion / Re: how i can start?? on: March 06, 2018, 03:36:30 AM
If you are really new to investing or into the world of the cryptocurrencies then it is best to just roam around here in our forum in order to read some good threads that can help you to create idea to what are the things that you can do to make profit or to get more information or knowledge. This forum is like the google because all you need is here and this is the best place to read and to spend time if you want to get more knowledge about crypto.
5472  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is Big in Japan on: March 06, 2018, 03:26:02 AM
Bitcoin is very big in Japan because they saw the value of bitcoin and the importance of having it as a secondary or even a back up for their currency. Cryptocurrencies are so powerful because they are the next generation of the currency that we have right now and testing and getting used to it will help a lot of people to adjust themselves so when the time comes that the cryptocurrencies are the new type of currency in different parts of the world then it will not become a problem for people to adjust.
5473  Bitcoin / Bitcoin Discussion / Re: Why people sell bitcoins? on: February 20, 2018, 10:27:17 AM
Worldwide, especially in my place, must sell it for profit rather than always keep it!
The government always forbids the use and play bitcoin so that it can not grow fully potential in my place. Surely it remains an advantage if there is a transaction rotation for bitcoin in my country to live.




In my own opinion, people sell bitcoins because they have enough bitcoin to sell and I think the value of bitcoin is high so that they sell it. I also think that they sell bitcoin because they need money to spend because they have something to buy. I think some people don't want to hold their bitcoin so that they sell it in a good price.
If we will generalize on what is really happening in the market then we will realize that they are just selling their bitcoins because they want to get out from bitcoin because of the volatile market and it resulted for them to sell their bitcoin even the price is not that high for most of the people. We cannot blame them and just do our thing because at the end, they will get into bitcoin again and regret their decisions.
5474  Economy / Speculation / Re: Bitcoin = $1 Million by 2020 on: February 20, 2018, 10:05:57 AM
This is really possible in my opinion to see that the price of bitcoin will reach 1,000,000 USD by 2020 because if the price of bitcoin goes up to 100,000 this year then it is not impossible to predict and expect that the price of bitcoin will just reach to that day and i really think that if it will not happen in 2020 then the only sure thing is, it will literally happen.
5475  Bitcoin / Bitcoin Discussion / Re: Is bitcoin used by criminals ? on: February 20, 2018, 09:46:17 AM
Of course Bitcoin is used by criminals. there is no limitation in the matter of using Bitcoin. it is open for everyone anyone can use Bitcoin. Anyone can use Bitcoin anytime from anywhere.many criminals also uses Bitcoin to payment to those who works under them.
They are using bitcoin because they know that they will stay unknown if they will be using bitcoin because the process of transferring money to another person is so easy and it doesn't require them to fill up some personal information because with just the bitcoin address then they can easily send money and receive money from any criminal.
5476  Bitcoin / Bitcoin Discussion / Re: Bitcoin as payment system on: February 20, 2018, 08:45:53 AM
Bitcoin is a good option for having another form of mode of payment because bitcoin does have a really secured network that will give you assurance that your transaction will be safely go to the receiver and that will give you a very comfortable experience but with the expensive transaction fees, it is now being problem to worry about for accepting bitcoin as a payment system.
5477  Economy / Speculation / Re: Holding will be a risk or not?? on: February 20, 2018, 08:35:39 AM
Bitcoin is an investment so buying and holding is risky, previously no such investments were bitcoin, so making a lot of people make bitcoin the most promising investment, so far bitcoin holding proved to be profitable though it is also risky.
All of the investments have its own risk and we cannot avoid that and that is when the faith come because if you really believed in bitcoin then you will hold it for long term even the risk is high because the price can go down hard and just leave you like a cry baby but you can hold it for long term and who knows, maybe bitcoin reach your unexpected price highs and make you a very rich person.
5478  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin become a daily currency? on: February 19, 2018, 03:56:35 PM
Bitcoin cannot be a daily currency because it will resulted for having delays because the confirmation time in bitcoin is not that fast so we can really expect a delay in your payment which can cause a problem to the people who are accepting it. Bitcoin also have a fee before you can completely send your bitcoin which is another thing to be bother with because just imagine the additional thing to pay if you will use bitcoin.
5479  Economy / Trading Discussion / Re: Don't look at btc every five minutes on: February 19, 2018, 03:34:59 PM
We should really not look at bitcoin every five minutes because it will only make us greedy and also worry for the price and it will make us think every 5 minutes about the possible move of bitcoin if it will go up or not. It is a really bad thing to practice because for me, it is best to check the chart of bitcoin at the maximum of 3 times per week.
5480  Bitcoin / Bitcoin Discussion / Re: Samsung is going to support bitcoin on: February 19, 2018, 03:09:05 PM
It is good to see that more and more companies are getting involved in the cryptocurrency and it is a good thing that one of the apple's company rival is now accepting bitcoin and i will become proud to buy their upcoming Samsung S9 in full bitcoin as a full payment. I am really excited to see more companies to accept bitcoin because it will help the market to get more exposure.
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