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5521  Other / Archival / Re: Where you get Bitcoin ? on: August 16, 2016, 07:43:37 AM
mostly from faucet , join some giveaways and contest that give btc as reward , and wait for thime so i can join signature campaign Grin

That is a good start, for you will know how important per satoshi will be in doing faucets. You can avoid being a gambler or taking risk in scams or double your bitcoin s#it. So just keep going until you hit the rank where you can start doing sig campaigns.
5522  Other / Off-topic / Re: Why would customers use Bitcoins? on: August 16, 2016, 01:04:15 AM
Customers would, simply because think about how much they are going to save in terms of fees and how fast it is to perform a transaction. Also, no regional boundaries or whatsoever, meaning you could use your coins anywhere in the world without changing to the local currency of whatever country you are in.

If you are not able to spend it directly then you will have to convert it to local currency first and then spend as not many countries are advanced with bitcoins yet and its gonna take really long time for it to happen.

There is this thought that what if it dont click. That is why some small businesses cant start it. The risk is high and not too many people know it yet. It will take a strong will to do it and a lot of patience to when will customers come.
5523  Bitcoin / Bitcoin Discussion / Re: What about the idea of a bitcoin shop in big cities? on: August 16, 2016, 01:01:47 AM
Better to host such a thing in an already existing tech environment. You could have a counter somewhere with a little man handling it. That's how most foreign currency operations work. They're rarely standalone places.

This needs a spot where people will gather. If you put a place in the mall it will be expensive. Your own backyard could help but you might need to create ads that you are accepting bitcoin for people to come.
5524  Other / Off-topic / Re: Old people earning bitcoins on: August 16, 2016, 12:57:13 AM
Anyone over 45 should be killed. They're worthless anyway.

Is this a joke? So when tou reach 45 can I kill you at that moement? You say it like it is normal to just kill old people. You didnt even think that you will get old too.
5525  Bitcoin / Bitcoin Discussion / Re: NEver keep all your coins on an exchange on: August 15, 2016, 03:54:57 PM
This is pretty obvious for anyone that has been using Bitcoin for a while in 2016, but the people that like to do trading are forced to leave some coins on the exchanges otherwise you miss opportunities.

Yeah that is right. So what do we do. We just need to pick the right one or just have faith that it will not be the same mt.gox or bitfinex that is all we have
5526  Bitcoin / Bitcoin Discussion / Re: Is bitcoin being used for illegal activities on: August 15, 2016, 03:00:33 PM
Everyday it is being used in illegal activities. You could see it in twitter and facebook. Those scam site are attracting people then run away after they get what they want.
5527  Bitcoin / Bitcoin Discussion / Re: People hate Bitcoins? on: August 15, 2016, 02:57:10 PM
For those people who hate bitcoin is just because they got scam by someone who offer them or they just invest their money on some unworthy investment site. Investment website nowdays are full of cr*p because they always running after they got some investors who invested more money thats why some people are hating bitcoin currency

If someone got scammed or if some lost their investment in Ponzi scheme, it does not mean he started hating the coin. He/she should prepare himself so that he cannot be scammed and should not blame the coin.

The problem is people loose their coins by their own mistake and feels that bitcoin has cheated them, its not the bitcoin but the owners of those sites should be blamed.

Shit happens! But they dont have to do that, bitcoin is just a thing. Blame it and it wont answer. For the owners maybe, but that wont be necessary because they already escaped.
5528  Economy / Economics / Re: Why do people keep saying BTC is dead?! on: August 15, 2016, 12:32:25 PM
People panic and say such things every time there is a crash, its been happening for so long, just ignore.

Yeah, that's pretty much my approach too. Those who panic always lose, don't be like them, be cool and wait. Bitcoin will rise, from the ashes, like always. Personally I'm surprised that it's still under $600, but well, we'll wait.

It is like a game of waiting. I do panicked when I first met this lovely coin. Invested money in it then see it go up, exchanged it to fiat. It rises more and what can I do? Nothing just face palm. Ergh.
5529  Economy / Speculation / Re: Time to sell? Or to buy? on: August 15, 2016, 12:31:08 PM
i think its good time to buy bitcoin because bitcoin will soon going to rise up in near future.
The question is how much can you buy, it is the most important thing to consider because we know that the price will rise in the future so we need to have a good amount of investment in order to make a good profit when the time comes that we need to harvest our profit.

Yes that is true. A bitcoin cost a lot of dollars. Thinking if it goes up for just 10 - 15 dollars then there is not much of it. I would recommend a higher number of put it to different coins for a faster profit.
5530  Other / Off-topic / Re: Why do you have Bitcoin? on: August 15, 2016, 12:29:26 PM
I do have bitcoin because it gives me ability to earn in a much simple ways as a student i surely do have to buy all the requirements which sometimes my parents cant afford. That is why i was very thankful to know about this forum

Bitcoin sure helps students earn money while studying. It also helps those who cannot get regular jobs to earn some money. But we should not just focus on the immediate benefits. We should also remember that bitcoin is here to free us from the bound of fiat.

Bound of fiat.  Grin We are bounded in it for many years and I think it will take some more to bring it down. Those who cant afford to have a smartphone and a PC cannot have this one yet also. Maybe if some paper could be created with bitcoin in it. But that would take a lot of support also from the government.
5531  Economy / Economics / Re: Tell me your predictions about Bitcoin on: August 15, 2016, 10:57:51 AM
I predict bitcoin will become one of the digital currency that is recognized worldwide. more and more users are using bitcoin. some large companies have received the bitcoin as a financial payment media.

and the current number of users bitcoin is not too much if the count of the entire population of the world, so that large companies or banks not willing to take steps to adopt. but if bitcoin user growth is increasing, I believe bitcoin will be successful in the future.

There are too few users, so the banks or large financial instutions will not be intererested in the bitcoin. After more users, they will adopt it.

Now banks and large financial institutions are not interested in Bitcoin because its user base is tiny, but when its user base hits the sky while the price hits the moon, the banks and large financial institutions won't be interested in Bitcoin because they won't have enough means to afford it. Whoever comes first is served best, lol...

Otherwise known as the winner takes it all

But wait. If they will think that there is still a chance for it to grow then they can still risk some money to afford some bitcoin. If I got the means to have a large number of money to buy it then I will. It just need a little optimism.
5532  Other / Off-topic / Re: What do you wish you could buy with btc ? on: August 15, 2016, 10:42:35 AM
I don't know much about  what we could do with bitcoin. I just recharge my mobile by bitcoin and also doing gamble with bitcoin.But I want to shopping with bitcoin. but unfortunately in my country no one accept bitcoin as payment method.Also, I saw many people didn't hear about bitcoin.I wish I could use bitcoin as a alternative currency in my country. But it will take too much time to happen.

Maybe in the future it can be adopted by your country. But still it will depend with business owners if they will get a profit opening up at that part of the world. Still there are some trials that should be done.
5533  Economy / Economics / Re: How too get rich on: August 15, 2016, 09:35:26 AM
Who knows, i though i know but i am still not so rich, it means that i don't know how to do this. But i really want to know and i will do this, later Grin
Well, if you have no plan to be rich then you will not become rich, to be rich is hard if you do not have a plan to follow. Maybe you can call that as a wish to become rich and you need some miracles to be rich like winning in the lottery accidentally or find a lost bag with full of money in the steet.

My plan is quite simple to get rich. I will buy some bitcoins when the price is low, and then hold most and trade some.
What are your contingency plan then? What will you do when the you bought it a low price but after a few weeks it gets lower? Or what will you do if ETH is growing faster than bitcoin?


There can never be a perfect low or perfect high price in bitcoin, buy it or sell it when you are satisfied with the price and don't regret if price goes even lower or  higher after the action taken by you.
a person must have experienced an error or a loss because they do like to sell at the current price rises and then it turns out the price continues to rise. I think it happens often. You must be patient

Happened a lot of times to me but not with bitcoin though. Only in other coins while trading. Not predicting the right time is really annoying but gladly I didnt invested a lot.
5534  Economy / Economics / Re: Why do you buy Bitcoins? on: August 15, 2016, 08:43:49 AM
For speculation? To buy on the dark web? To buy online on sites like purse.io? To send money? To do business? To have your money under your control?
What is/are your purposes when yu buy bitcoin?

I prefer to earn them instead of buying.  I do not know what dark web is but I do not want to know, seems evil thing. Grin  Some of my friends exchange their amazon gift cards to bitcoin and then withdraw it afterwards.  As for me I save it and buy some altcoins and have some for investment.  Before I buy bitcoin to invest it and have some bet.  Then I was informed that I have them by earning them.

Amazon gift cards to bitcoin? I thought that was the other way around? Before that is the idea. Just buy and buy until you are satisfied but now there are different ways for it to be earned.
5535  Other / Archival / Re: how to earn bitcoin fast? on: August 12, 2016, 03:02:22 PM
Remember one thing slow and steady wins the race, its better not to rush to earn bitcoins fast as there are full chances that you will loose your money in it, its better to start earning slowly and safely.
Yeah bitcoin it's just money , you must to work to get it , nothing instant in this world.
Like the others said , better to sell your skill or freelancing also doing some faucet and signature campaign .
Don't only try 1 method to earn bitcoin for bigger earning.

Yup, but specifically for bitcoin can we get any amount we want, as long as you meet one condition. the requirement is that you have to have the money in accordance with the number of bitcoin you want!! This World, to get something to work hard and never give up. It is a natural law and if anyone violates it won't last long

Yes just like a jungle where survival is neded. And those who work harder survives longer than those lazy dogs who wants just to sit and get money without moving a finger.
5536  Other / Archival / Re: Do you use bitcoin as currency or investment? on: August 12, 2016, 03:00:06 PM
I consider bitcoin as a currency and I use it like that.I dont believe in holding bitcoin and depriving others of owning them at low price
a lot of people like you who just buy bitcoin and then spend it on something if you not believe if by holding bitcoin can get a profit it's up to you, due to the fact many have earned huge profits simply by holding bitcoin

Yes it is really possible but holding it can't applied to those who are holding only less amount of coins. You can't feel the profit if you are only holding less amount of coins and the time you will spend waiting for your high price increase is really not worth it. Satisify with just $100 or $200 a year earnings??

Do not be satisfied with just what we have. I guess that is what he is telling. It is correct. It is like planting you need to grow it more now for a greater harvest in the future.
5537  Other / Off-topic / Re: Why do you have Bitcoin? on: August 12, 2016, 05:49:13 AM

In principally i have bitcoin for investing it in different cloud minning and investment site.
I think you have to be careful when investing in cloudmining sites or other investments. because the site is now very risky investments. be careful in using bitcoin dude

investing your money in bitcoin is risky enough without investing in an investment site like a ponzi cloudmining site that will scam you, and you can be sure that they will scam you and run away.

Specially if your online wallet will end up like the Bitfinex. It is already ay risk there. Better get something that will minimize that risk.
5538  Other / Off-topic / Re: Bank or Bitcoin Wallet? on: August 12, 2016, 05:47:19 AM
i would choose bitcoin, it's price increased masive in a few years , and lot of people is using it so it will grow in the future
I agree with you . use bitcoin will be huge in the future. bitcoin now being developed to obtain higher prices. some speculators predict that bitcoin will be the main currency in the future.
The prediction would not happen because bitcoin will never overtake the fiat which the government urge us to use. Bitcoin has still need to prove in many years before it will level to fiat but would not surpass the importance of fiat.
I agree with you but you also need to be positive because i know you you are using bitcoin that is why you are here you need to be positive what would be the outcome of bitcoin, fiat is much important than bitcoin because it is much usable for many people specially for those people who are not using technology.
Fiat is a better way to use it in spending but bitcoin will give you a chance to invest and can earn big profits in the future. We need to value both as they are all important to us to go on with our daily lives.
Bitcoin seems like one of the best ways to move a lot of money, hold money (to an extent) as well as something to use as an investment tool, and I personally think that it has a huge potential to be an important aspect in the future of the world financial system. That is, of course, if it is allowed to get that big.

Yes. Their convenience of transacting a lot of money is here. It is already allowed in some countries or they just let it be. But if you can see it is accepted by means of listing it in the line of commodity or currencies.
5539  Economy / Exchanges / Re: Bitfinex owners - stolen funds and ponzi schemes on: August 11, 2016, 09:39:40 AM
They no longer operate out of Hong Kong -- it's just a mailing address for their attorney at this point.  Previously, when they did, the name of the company with the Bitfinex licensing in HK was "Renrenbee Limited."

That said, their holding company and major incorporated interests are registered in the British Virgin Islands as offshore companies, their servers are hosted by a datacenter in Italy, and their back office functions moved to Taipei, Taiwan earlier this year.  Their primary bank relationship is in Taiwan, as well (CATHAY UNITED BANK).

You can't simply "call Hong Kong Police hrrr derrrr" to figure this one out. It's a little more complicated than that.


Looks like everything is planned very well. Scattered everything so that there will be no traces after closing all of those. I envy them for they have a lot of money now. But there is a price for everything that is done using an evil work.  Tongue
5540  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: August 11, 2016, 09:33:45 AM
It's up to people to make the banks disappear. The blockchain is a ready to go replacement

Up to people? You mean the people governed or the owners? The blockchain aint ready for replacement. I dont see any talks about replacing the banks. This is just a thread here not the news.
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