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5561  Other / Archival / Re: Do you think bitcoins will disapear or become unused? on: August 09, 2016, 01:41:00 PM
It's depend on the people though. If the people still using bitcoin, i'm sure bitcoin will not disappear or become unused. Because peopl will keep use bitcoin.

It will depend on what price bitcoin will hold in future, if price falls to extreme level then I doubt people would be interested in using it, they will switch to some other product from where they can make good profits.

Yes. Only true supporters will stay and the ones we will hope that it will go back again to its price. I dont know also if I can stay with  a lower price I might also lose some trust in it and just look for another one.
5562  Bitcoin / Bitcoin Discussion / Re: Do bitcoin accepted in your country? on: August 09, 2016, 01:31:50 PM
bitcoin is not acceptable in my country we can just use it for online shopping and sometime i convert my bitcoin to fiat for direct shopping.
yiz same as here or are we from the same country were our bitcoin wallet can be use to pay our monthly bills ? no need to go in bayad center to pay that thing ? and this bitcoin wallet is partner in some banks where they can deposit our money because we sell to them our bitcoins and then exchange it into fiat so that we can use it for our future needs
We are from the same country, too bad we cant spend it buy purchasing in any stores because it is not recognize yet but im looking forward that somehow that would happen. its a good thing our local wallet has features where we can pay our bills and buy load so its convenient for us.

We just have to hope for that. But maybe with us spending it more and if businessmen see's that we might have a chance that they will enter in our countries. I got that little problem also when it comes to spending physically.
5563  Bitcoin / Bitcoin Discussion / Re: Bitcoin can disappear? on: August 09, 2016, 01:22:16 PM
how could you say that ? bitcoin will not disappear  why because many people are using it where they use it as a currency in the internet where they use it into gambling trading , investing and many more , for me bitcoin can me drop the price into low but not such that disappear because many of us are in bitcoin grasp so that we use it on our daily living :0

Right, the possibility of bitcoin disappeared or scam (I do not want) is indeed small. But the chances that I think is always there, and you must be willing to accept it because it's part of the risk of investing in bitcoin. Now I have not been able to use for real life directly because here there is no physical stores that accept bitcoin.

I think it is about the bitcoin being lost or just not be seen anymore. I dont want that also, I have gain some profit out of this even if it is risky I did it. My view of investing had change in here.
5564  Other / Off-topic / Re: Are you buying bitcoins? Why? on: August 09, 2016, 01:13:54 PM
I have been buying bitcoins with the hope of seeing a pump that I thought should have happened during the halving, but it didn't. Now, I just hope that it goes up during the November - January period and repeat the history, I am ready to wait for some green profits.

Yeah that's the right thing to do, we should hold our coins till the end of the year to earn higher profits, everyone is hoping to see price above $1k at the end of the year.

Holding is what I can do also now. As I lost some I can just spend it for now or more will be lost. The best thing is adding up to at least get the ROI plus a little profit.
5565  Economy / Economics / Re: Investing Bitcoins? on: August 09, 2016, 01:07:54 PM
I am also knew in investing in bitcoins, but I do not invest all of it.  I am trading some of it.  We never know the stability of one investment site.  So better to find many investment sites and distribute it.  Investing is much better than gambling it or having some luck.  So invest it and earn more.
to be honest you should better invest as much money as possible right now, in my opinion the price of the bitcoin is going to jump though thats just my thoughts

I am also hoping for that in this days that will come. I lost some but with it going back up to $600 I will get it all back again. I am adding up some more for a little profit.
5566  Bitcoin / Bitcoin Discussion / Re: Bitcoin Worldwide! on: August 09, 2016, 08:57:13 AM
Are there countries that do not accept Bitcoin? I mean no idea regarding it. What do you think will happen to Bitcoin 5years from now? I'm not asking you to be a psychic to see the future. I'm asking about your idea about Bitcoin's future. TIA!

I dont think that is way too long. Bitcoin is crawling up, there are falls but those are like necessary to see its real value. Think of the incidents that happened. Everytime a big wallet exchange falls it also creates a movement in bitcoin. This is what value really is, but it goes back up. It never goes down then down again. Hard to explain but the reality is it will just go up more in 5 years
5567  Economy / Economics / Re: Why have Bitcoin instead of cash? on: August 08, 2016, 01:31:02 PM
Bitcoin is the most accessible money globally , wherever you are.
Despite the fact that it is not known like dollar $ ..

It's not really accessible. And not globally at all. I got to drive +500km to get to a BTC ATM. I have to drive +200km to find a shop accepting BTC. The price is +$570. How can it be accessible at this price?

I think what he is trying to say is access online. A shop online or buying and selling in some websites. But what if you are in almost a deserted place and just got a small store to buy what you need. I hope they accept bitcoin there.  Grin
5568  Bitcoin / Bitcoin Discussion / Re: Corporations and Bitcoin on: August 08, 2016, 01:28:53 PM
In my country, Bitcoin is really recognized already but I'm afraid of what they mean about "rules" and "regulating":

http://www.bworldonline.com/content.php?section=TopStory&title=bsp-readies-rules-for-virtual-money-crowdfunding&id=128609

It makes me think that involvement with corporations is far away from happening yet.

Maybe the corporations in your country really fear cryptocurrencies and is using their influence in politics to push for regulations to gain control of it. But they don't understand the technology fully so they need to surpress and undermine it for now. Cryptocurrencies empower the people so much and they don't like it. They like to oppress people and making themselves richer in the process.

That is too good for a newbie. I think you have been here for quite a while. What you are saying can be true. If you have a kingdom would you want people to have power in terms of monetary? I dont it will be good for your kingdom for they can leave you and create their own that will be against you.
5569  Other / Off-topic / Re: Why would customers use Bitcoins? on: August 08, 2016, 01:19:28 PM
I came to figure out, why would a consumer/customer use Bitcoins?
You have to pay the 3 cent fee, while you dont have to pay anything when paying with a credit card.

So what is really a benefit for using Bitcoins, customer wise?
yeah we still using bitcoin, because bitcoin fees is too much lower than credit card we already pay fees to the bank in high amount for using credit card, while we pay the fees during bitcoin transaction which is too less than credit card.

It is real. Though some still prefer that credit card due to the fact that many people use it and they are already used to it. Grocery is one example I always see people just using credit cards instead of fiat.
5570  Bitcoin / Bitcoin Discussion / Re: Do bitcoin accepted in your country? on: August 08, 2016, 01:17:25 PM
Bitcoin is accepted in Australia. It's accepted in most countries except a few like Pakistan, Russia..etc.

I think that this is really hindering Bitcoin capacity to expand.

 Smiley
then it so good for you that bitcoin is acceptable in your country Australia , i am from Pakistan and there is no facility to accept bitcoin as your country but i hope we will soon get the facility to accept bitcoin in my country in near future.

So how do you buy within your country? Through paypal or credit card in some exchange websites? I hope they open up something that will make it easier for other people.
5571  Other / Off-topic / Re: Why do you have Bitcoin? on: August 08, 2016, 01:14:57 PM
i use bitcoin for online gambling because i can't play any casino here in my place and i'm still a minor

What a honest boy you are. Telling the truth here. I hope no one will lecture you or even spank you when they saw you face to face. Go back to school and learn some lesson that gambling aint good.
5572  Economy / Exchanges / Re: Bitfinex HACKED - funds stolen ! on: August 07, 2016, 03:09:46 PM
Jerry Seinfeld to Police Officer: my bike was stolen!

Police: ok, I'll take a report.

Seinfeld: I'm never going to see my bike again, am I?

Police: No, no your not.

Seinfeld: So why are you making a report?

Police: It makes people feel good, like they've done something. I don't really turn in these reports, it's too much work for nothing.





Just forget about your bitcoins. You're never going to see them again and the police won't do anything, even if they knew what Bitcoin is and knew how to trace them.

and what about Bitfinex? forget it too? Smiley  let it run the same business as nothing happened?

Oh, have they reopened already? LOL

Bitfinex is gone. They will not reopen.

If they reopened and anyone was stupid enough to give them money then they deserve to lose it. I call that, "paying the dumbass tax". That's the tax you have to pay because you're a dumbass. The owners of Bitfinex must know their business is over. Then again, people paid the dumbass tax to ButterFuck Labs for mining equipment over a year after it was well known that they were thieves.


BTW: The real loss in all this is consumer confidence. The more these incidents happen the more people look at Bitcoin as a den of thieves. The people losing all their bitcoins to these constant crooked businesses and exchanges will leave Bitcoin forever and start talking shit about it to anyone that will listen.

Well I guess all the equipment and time spent for maintenance and other things are all paid up that is why they already run. Plus a lot of profit. Of course you will never run yet when all of that is not paid enough.
5573  Bitcoin / Bitcoin Discussion / Re: Is bitcoin being used for illegal activities on: August 07, 2016, 03:06:44 PM
I dont think we will see all those illegal transactions, some might be doing it right now but we will not see it. Maybe if we can access the deep web or more. But it is scary when you go down there.
5574  Other / Off-topic / Re: Do you actively spend your bitcoins? on: August 07, 2016, 03:04:18 PM
I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.
I think there are still plenty of options for spending bitcoin. not just on gambling. You can still shop at amazon to buy giftcard using bitcoin. and you can buy anything there
Anyway bitcoin advantageous to buy goods only because of the fact, not to spend more money on interest, if one were to get cash. And so, I see bitcoin as a means to earn money.
Here in my country bitcoin is adopting and we can use our bitcoin to pay for monthly  bills like electricity and water bills we can also use bitcoin for remittances to any location in our country the other advantage here in my country is we can use bitoin to exchange into giftard to use in malls..

That is a lot of usage for now. Someday you will write more than that. I have seen some companies or businesses that are adopting it. Maybe they will also put some in your country too.
5575  Economy / Speculation / Re: I will not Die Untill Bitcoin will reach at Least 50K on: August 07, 2016, 03:01:13 PM
That is the best optimism that I have seen throughout this forum. Others think 1k and 2k and you got 50k hehe. I hope that happens.
5576  Bitcoin / Bitcoin Discussion / Re: Corporations and Bitcoin on: August 07, 2016, 10:54:52 AM
they will regret not choosing bitcoin ini.Tapi when we look for today many companies do not care about Bitcoins , with only a few companies accept but such a large , Overstock , Dell and Microsoft for some and lately also the name Steam . This is great for bitcoin as is great publicity for it from these companies . Anyway for the moment only a few companies as mentioned above view bitcoin as an ally while almost all the other people are not interested in it yet .

Well I guess they are still looking to what impact it could do to their businesses. If nothing in their field of work is connected with it then they wont need it. It will stil depend on what the businees is. Example would be group of parlors. To what would it help them.
5577  Bitcoin / Bitcoin Discussion / Re: If no one spends bitcoin what might happen? on: August 07, 2016, 10:49:57 AM
If none spends bitcoin, the circulation of bitcoin gets decreased. This decrease in circulation reduces the price same as that what is happening now.

Yeah, that is certainly true. because all trades or goods, etc. has an economy that's been there since long ago. This is something that will always happen until whenever. However this would not be bad if everyone is still using bitcoin and progressively increasing user bitcoin wordwide. For a while the price of the Bitcoin depending on Halving performed by miners and after mining is exhausted then the results will influence the market price is the

Oh thats sad he didnt finish the sentence. Sure thing there is like an economy also here. Now they have kept all their coins and just adding up some more. That is why it stopped from going down again.
5578  Other / Off-topic / Re: Earning a living with bitcoin? on: August 07, 2016, 05:18:50 AM
i need to learn more about bitcoins to earn more because i have a knowledge where i use to start using bitcoins but for now bitcoin helps me to have a work like this where i need to do is just by doing some posting (signature campaign ) i earn not too much but it helps me to collect and hold my bitcoins for my future purposes

Some more knowledge and you will see that it is not just sigs that will help you. There are a lot out there you just need some skills. I thought also from the past that this is it, but seeing how wide we can get it then this ads campaign makes is so small when it comes to income.
5579  Economy / Speculation / Re: Kim Dotcom Predict 2000$ per Bitcoin ??!! on: August 07, 2016, 05:15:18 AM
Tsss.. there are lots of people who are predicting it. So give me some reason why that is special and we should believe in it?
5580  Bitcoin / Bitcoin Discussion / Re: Do bitcoin accepted in your country? on: August 07, 2016, 04:57:44 AM
our goverment legalize bitcoins because our goverment is corrupt hahaha here in philippines where some stores are now accepting bitcoin as a payment and our bitcoin wallet where they linked or make partners in some banks and remitance center where they can deposit our bitcoins we sell im thankful that bitcoin help me to earn money Smiley 

That is cool. It s being used now for many different payments including bills. I think it will be much faster so you wont need to queue everytime you pay.
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