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5601  Economy / Economics / Re: Why is Bitcoin still a slave of Fiat? on: June 04, 2015, 02:25:04 PM
IF btc becomes a reserve currency with the same status as.fiat currently does, it will take a LONG time. Revolutions don't happen.overnight.
It will not be a currency or as the same of fiat money because bitcoin is all about fiat money. If we replace or take over fiat money bitcoin will be useless.

not if it can detach itself, from that useless crap of printend money everyday, fiat is now needed to point a value for it, but in the future i'm sure bitcoin can work for itself, when the fully stability is achieved

How are they gonna work it in the future? People sure need fiat altough bitcoin is in a stable condition, they need to buy it then convert it to bitcoin too so with the stability of bitcoin, fiat is still needed they can't be detach each other. New people will still need to buy it anyway and sure its hard for use to get it from faucets so bitcoin and fiat must stick together in other to survive
5602  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: June 04, 2015, 02:18:19 PM
People never satisfied what they have now and will have it more and more before they collapse. If there are still many of this coins I dont think they will stop and retire in 20 years more. Money will never end anyway. What do I know is people will stop earn in when bitcoin is start to vanish in this world and I dont know when will that time is may be in 10 years later or next 20 years who know what will happen until that time come
5603  Economy / Economics / Re: Bitcoin or gold? on: June 04, 2015, 02:01:12 PM
Bitcoin popularity how much running day by day it's not very much far not only Gold in this world every business should deals by great Bitcoin. Gold and Bitcoin almost similar who have Bitcoin they can buy anytime any moment everywhere Gold and who have gold they can buy too both is I think related each others and both is valuable things.

Bitcoin and Gold doesnt correspond to each other because bitcoin is a short term investment but gold is a long term investment so both of them is much a like just as investments but both of them doesnt affected to each other. Their market doesnt same too. And gold is more valuable things since their market is much much more larger than bitcoin plus bot of their price is a matter. Gold will rise every year but it doesnt go to bitcoin that still have a volatile price until now
How is Bitcoin a short term investment?
Anyone that is on here should be aiming 10+ years, anything less and it's a waste of time and you'll likely sell way too early and lose money.
Gold, it is what is. It may take half a lifetime for a pump and meanwhile stay solid. Not very exciting investment wise.

With that volatile price how are you going to make this investment in a long term? You can use pumping and dumping type right? Not asking you to sell all of your bitcoin directly and get one time profit. From what I know gold price is never been volatile compare to bitcoin and the price will never going down pas this 10 years so it will make gold a great investment in this lifetime
5604  Economy / Micro Earnings / Re: how much can you make weekly? on: June 04, 2015, 01:51:29 PM
Trading forex with btc I can make a lot per month, or at least a lot for me, which is roughly a low medium salary. It's not much but in my country life is pretty cheap so I'm ok with it and I'm sure that with more experience I'll do better and better Smiley

But with do some forex trading I guess you really need a good analyze so you can earn more and fast but without any experience you will earn nothing and lose all of your bitcoin then. So it will be some quite serious job to do there. Btw how much do you earn in a month if I may know. I want to compare what I can get in a month with bitcoin  Grin

Where can you trade forex with bitcoin? How difficult is it to do?
i think he is talking about plus 500, but that's not realt stock, but CFD

Altough that is not a real site, is that a really legit site to play? Because from what I know forex trading is a little bit risky and there are kind of ponzi similar to forex trading too
5605  Bitcoin / Bitcoin Discussion / Re: New York Releases Final BitLicense on: June 04, 2015, 01:38:15 PM
I don't see much reason to have a Bitcoin business in the US unless you are a business that goes back and forth between Bitcoin and fiat.

I think there are many reason why all people in this world including US using bitcoin but the most reason is they want to earn more money and with this technology that support bitcoin here, it will make bitcoin easy to use and easy to earn. Altough you are not used it for business I guess you still can earn it through trading so its like a great solution to earn more
5606  Bitcoin / Bitcoin Discussion / Re: Ransom Paid In Bitcoin on: June 04, 2015, 01:27:05 PM
Multinational firm paid ransom in bitcoins to hackers who broke into systems
The company, which police refused to identify, paid the hackers an initial ransom worth thousands of dollars after its computer system was hacked and sensitive data stolen earlier this year.

My question is "Is this a big company?" Why this hacker only ask for a low ransom with the sensitive data that they steal. I guess this hacker is the foolish one to ask so low ransom to this multinational company. Or may be this is just some kind if ads that will help their company so people will know more about this company
5607  Bitcoin / Bitcoin Discussion / Re: Airlines that accept Bitcoin as payment! on: June 04, 2015, 01:16:52 PM
well i think that all those news about btc are always good for us, so from my point of view this is a good news.

because things like that maybe others will consider to do the same, who know?

now while flying ppl will ask to himself what's btc? Tongue


Yes indeed. This a great news to us, with airlines accepting bitcoin that will make people start to wondering what is bitcoin. This will help more people eager to know a lot of bitcoin and this is what we are gonna need to make the coin price is going higher. The more people curious the more higher will the price be Grin
5608  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: June 04, 2015, 01:12:54 PM
buy in low price and sell in high price.
it is easier said than done!

what is the low price and what is the high price? when are we going to reach them? how can you predict the price and time to sell or buy?

yes this what i wanna know everyone tell sell and buy but the problem how how i can do this how i will know the time of Sales and Purchase



If you want to know more about the buying and selling thing, you should start to search google or anything that have any connection with it. There are tons of these things outside and may be you can try searching in this forum too. They got much info too. Try go to https://bitcointalk.org/index.php?board=39.0 may be you can find your answers there
5609  Bitcoin / Bitcoin Discussion / Re: Bitcoin really is useful. Just not in the way you think on: June 04, 2015, 01:08:37 PM
I am sure that the majority of people will say they belong to camp 2.

Personally, I think there are more than 3 camps.
The ones who see it as money making opportunity for example.

Nope, for me personally I'm using this bitcoin is pure to get more money from this, nothing else. Its true that there are more of these camps but I think this is what mostly what people will think bitcoin is. Most of them can't even describe what are they using this bitcoin for. Some of them are using this just to have fun or may be they want to learn thing from this. They have their own reason to think what role that bitcoin plays in their life
5610  Other / Meta / Re: Bitcointalk effect on Bitcoin ? on: June 04, 2015, 01:02:19 PM
It wont affected bitcoin at all when bitcointalk is down or shutting down or whatever happened. The point is people use this forum just to share anything that have a connection to bitcoin including the price but this forum doesnt asking people to buy or to sell the bitcoin, it is your own choice when you do the trading, most posts here is just some speculation so it wont affected any bitcoin price
5611  Bitcoin / Bitcoin Discussion / Re: Bitcoin is like... on: June 04, 2015, 12:45:35 PM
https://www.youtube.com/watch?v=p8XKhCfsTts


= alot of room for progress  Cheesy

Actually Im thinking thorugh it a lot and now Im realize what do you mean by posting that video here anyway  Grin. There is much much more progress that bitcoin needed here besides the price I think everthing is just fine. The best thing is about its tech that support bitcoin
5612  Economy / Micro Earnings / Re: how much can you make weekly? on: June 02, 2015, 09:29:31 AM
Thats a lot of waste time on a faucet though.

Wouldnt it just make sense to get a normal job, and not worry about this nonsense, also another factor is if the faucet even consistently pay sout.

But if your faucets earn you a lot why dont you do it? Since its only like clicking captcha anyway. May be nowadays its hardly to get some normal job and the payment is not good enough. Is there any problem to faucets before? I didnt know that actually

Dude dont waste your time with faucets,
signup for signature campaign...

Its true that faucet is just wasting your time but how about if the payout is more than $1 or may be $2. I guess that is worth to try anyway. Signature is one of the best payment for now but faucets is good too if you got tons of ref so you will be earn like crazy
5613  Economy / Economics / Re: Why is Bitcoin still a slave of Fiat? on: June 02, 2015, 08:59:21 AM
At least in the country I live;

Because I can't pay any foodstuffs with it..

Because I still have my Job entire pay with Fiat.

Because when I ask anyone what Bitcoin is, they make this face  Huh

If Bitcoin will be mainstream someday, then still it is a little kid.
Bitcoin help us financially and its great help to student like me that can't have a job right now. And because of bitcoin its help me a lot with my study.


The day Government will start accepting the bitcoin as a currency fiat will loose its value buy its like day dreaming and cannot afford to trust the government and the reason is people should start accepting bitcoin as a currency that is more important for the bitcoin community.
We should say starting to adopt or accept bitcoin as a payment because many people used it now. The only thing so that bitcoin was never acceptable to others is they don't know how they will use their coins or how it works.

If there are many people use it doesnt mean that you have to adopt or accept it, altough you adopt it but if there is none of any company using it, you just still using bitcoin as a method of trading not a payment method. What we need is more company accepting bitcoin so bitcoin price will sure to the moon. Btw there are many people that do know about bitcoin but never use it not because they dont know how it works but they wont believe it because of its volatile price and no one control it for sure just some people that have tons of bitcoin can control it
5614  Economy / Economics / Re: Is it better to save money or invest it? on: June 02, 2015, 04:07:25 AM
Also, interest rates pay nothing. Unless you are already rich and inherited, I don't see how leaving all of your stuff on the bank is going to benefit you more than it does benefit the bank. While you make peanuts off interest, rich guys can live off bank interest only even if they are single figure %, only because they have so much that it creates a solid passive income.

The rich guys are bank owners themselves. It doesn't make much sense to live off a bank interest when you can establish the bank yourself and live off a loan interest...


Exactly why should we be dependent on bank if we have our own bank and no one can access your bitcoin account nobody would come to know that how much do u have in your wallet. So it is better to invest in bitcoin rather then keep money in banks.

Invest in bitcoin half of your money is good but you really do need bank too for your fiat. I dont think you would convert all of your fiat to bitcoin right? What are you gonna do without any fiat? How to pay your bills? You can't use your bitcoin to pay your bills, they wont accepted it anyway so you need bank at least to convert your bitcoin back and then you can do your things with fiat

Half of your money in Bitcoin?  That's still a pretty large investment in something so speculative and volatile.  There is no rate of return on holding Bitcoin other than speculating that the exchange rate will move in your favour.  It would be cool if one day there were financial investments within Bitcoin that do offer a rate of return in the form of interest, coupons, dividends, etc.  That would also increase the demand for Bitcoin.

I guess if you invest half of your money to bitcoin I dont think you will be crazy if you loss all of it but I guess you wont because this is a short term invesment that will make you earn a lot from it so its good enough to get your ROI from this investment. Dont get me wrong I think with this speculative and volatile things that will make us earn a lot

Thats, of course if you do have a comfortable amount of sum to begin with.

I think anyone whos investing a large amount like that, should be comfortable in fiat 1st regardless of what amount you decide.

There are many people that didnt have this kind of comfortable in fiat but still diversify their fiat to every investment that they can get because he want to earn more and with that amount he diversified, he could bring more like double or triple their fiat without concern about their financial problems. That is what people do nowadays
5615  Economy / Gambling discussion / Re: Does martingale really works? on: June 02, 2015, 03:17:07 AM
There is a saying,go big or go home,thats what im doing Smiley
if you leave on your pc also all day,house edge will eat you at some point
yes , exactly. i used to use martingale before when i started gambling bitcoin but is you start small, you will never get to a considerable profit. and after the loosing streaks start to happen, then you suddenly see all your money is gone since you double the bet every time!

if you bet with any other method at least you can have the fun and win big Wink

Martingale is just way to re-assure yourself that you can't keep losing with the same bet at 50% chance.
This is dice. It is not impossible to to lose 10 times in a row.

I guess he doesnt say that this is dice game and that is possible to lose to 10 times or may be more in a row. Not in dice game may be but other game like blackjack you can find this. There are so many games that can make you lose more than 10 times. This martingale is just a method to re assure you that you will lose all of your money in the end so it wont last at all. That is from what I experienced
5616  Economy / Gambling / Re: PocketDice gambling on: June 01, 2015, 04:50:24 PM
It was not big issue, but thanks for fix it.
If only such problems we will have with websites it would be great Wink

Yes but at least they are trying to fix every problem that occur and they fix it in as quick as possible so all of their customer will feel pleased and going to attract more people to play in their site. That is what I hope from them
5617  Bitcoin / Bitcoin Discussion / Re: BTC in your country on: June 01, 2015, 04:45:27 PM
BTC have only banking systems not still have properly very much available still. For available everywhere need a lot of marketing and take time for properly as usual. I have very much hope and trust on BTC Whole administration and technology team whom great works today BTC is very well stabilise everywhere maximum position in the business and economical systems. Its very much possible and very much quick to whole world's will be biggest and valuable BTC currency will use.

There will be no currency as BTC if government never support bitcoin although bitcoin is in a stable and all of the technology support it, there will be nothing if no one support it. And what I scare if bitcoin is stable enough and caught the attention of government, they will take action what to do with bitcoin, we never know what will happen in the future

Are you talking about Bitcoin as a national currency?  I agree that is very unlikely to happen.
But I think that along with many other things, anything can succeed without government support.  All online piracy continues without government support.  All drug trafficking around the world also continues against government policy.  To legitimize Bitcoin and have it as a payment option for all purchases and taxes is another story, but people are still free to use it as long as there are people willing to accept it.

Ok thats a good point. But I mean if someday bitcoin caught their attention and bitcoin will be banned and we still doing it. What is the different between us and drug dealer? We are just as same as them become a criminal. My point is I dont want to do thing that is illegal if one day bitcoin is being banned so what do I hope is government will support this, although they wont support it at least dont banned it
5618  Economy / Economics / Re: Is it better to save money or invest it? on: June 01, 2015, 04:37:13 PM
Also, interest rates pay nothing. Unless you are already rich and inherited, I don't see how leaving all of your stuff on the bank is going to benefit you more than it does benefit the bank. While you make peanuts off interest, rich guys can live off bank interest only even if they are single figure %, only because they have so much that it creates a solid passive income.

The rich guys are bank owners themselves. It doesn't make much sense to live off a bank interest when you can establish the bank yourself and live off a loan interest...


Exactly why should we be dependent on bank if we have our own bank and no one can access your bitcoin account nobody would come to know that how much do u have in your wallet. So it is better to invest in bitcoin rather then keep money in banks.

Invest in bitcoin half of your money is good but you really do need bank too for your fiat. I dont think you would convert all of your fiat to bitcoin right? What are you gonna do without any fiat? How to pay your bills? You can't use your bitcoin to pay your bills, they wont accepted it anyway so you need bank at least to convert your bitcoin back and then you can do your things with fiat

Half of your money in Bitcoin?  That's still a pretty large investment in something so speculative and volatile.  There is no rate of return on holding Bitcoin other than speculating that the exchange rate will move in your favour.  It would be cool if one day there were financial investments within Bitcoin that do offer a rate of return in the form of interest, coupons, dividends, etc.  That would also increase the demand for Bitcoin.

I guess if you invest half of your money to bitcoin I dont think you will be crazy if you loss all of it but I guess you wont because this is a short term invesment that will make you earn a lot from it so its good enough to get your ROI from this investment. Dont get me wrong I think with this speculative and volatile things that will make us earn a lot
5619  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: June 01, 2015, 04:32:39 PM
As far as i know.signature campaign only pays good.as u also mentioned that.
But many say that we can fine income from faucets also.

Signature campaign is the best for now to earn good bitcoin. Yes you can earn from faucets too if you really got many referals that help you earn too, if you didnt have any ref I dont think that is much worth to try so better doing campaign is far more better
5620  Economy / Economics / Re: Why is Bitcoin value more Volatile? on: June 01, 2015, 04:21:36 PM
simple. Volatility give a value to Bitcoin

We all need here is a high value not a low value that you think. If there is a high value in this bitcoin I think its good but the real thing is bitcoin price will drop significantly that it will be bad to us so thats why there are many people out there dont think volatile is a good thing
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