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5721  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: March 13, 2017, 11:21:20 PM
If people store bitcoins in their wallets, so it has clear mean that people trust on bitcoin, and also me, i also have save my bitcoins into my wallet, because it is my investment. Bitcoin is best cyrpto currency and it has really good price value, and definitely in future bitcoin give us profit and it will be a great place in online world.

Benefit of saving btc is a good idea. but just follow this thing if you feel you are getting the best reward comparatively to what you invested then it is best to sell it. whats the point of holding if you are on profit. you don't know when the price will fall.
Nothing can be predicted with accuracy so what's been quoted in the above post is good to follow. At the same what I believe is to cash out or exchange only when it's required. Looking the price chart it continues to rise from the beginning even after several falls, so the long you hold the long might be your profit.
5722  Bitcoin / Bitcoin Discussion / Re: Bitcoin Heading to ONE MILLION DOLLARS on: March 13, 2017, 11:09:02 PM
Your prediction of always increasing demand can only become true if the transactions stay cheap and fast. Otherwise volume and thus demand will imo decrease as people, especially those sending small amounts, will choose faster and cheaper alternatives.
But when the price increases along with the transaction fee too increases, so it's the right process and if people understand this they won't think of an alternative, else might move as several coins are existing with free of transaction fee and provides faster transaction, but I'm not sure how often it gets reputation from users around.
5723  Other / Beginners & Help / Re: Bitcoin faster ? on: March 13, 2017, 10:56:38 PM
Those are entirely scam. If you go across such websites you could see only few testimonials running parallel which are nothing but the one created by themselves promoting it as an successful way to generate bitcoin. Don't think of making a try and losing the bitcoina.
5724  Bitcoin / Bitcoin Discussion / Re: Pay for flight using BTC on: March 13, 2017, 10:46:53 PM
I have never used to it. But it seems to be the first one to provide air tickets accepting bitcoin and the service started long back. In recent times another giant Expedia revealed the acceptance of business for their service through an third party, but it's been removed as they haven't got customers to use bitcoin as expected.
5725  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: March 12, 2017, 02:01:00 AM
How can anyone say it is wrong?
Nobody is holding a gun to your head asking you to put any bitcoin or money down on their sites now are they?
 Lips sealed
None is forced to take part in gambling. The easy profiting gains the attention of all age group people to take part into gambling activities. Very few countries have regulated it and in other countries people prefer to use it through bitcoin and other value assets. We cannot suggest this to be a wrong thing when we know our limits to loss.
5726  Economy / Speculation / Re: Bull run is over. Welcome to the consolidation period. on: March 12, 2017, 01:40:28 AM
Probably the price might increase for the upcoming few weeks as the price increase has took place even on expected scenario of a steep fall. $1200 seems to be the price tag for the consolidation as the fluctuation is happening between with frame of $1180 and $1220.
5727  Bitcoin / Bitcoin Discussion / Re: What will happen to bitcoins in an online wallet with lost password? on: March 12, 2017, 01:23:39 AM
Updated codings in bitcoin saving online wallet provide the best security. Even if at some situation the password is lost, now you can retain the entire bitcoin within the wallet to a new bitcoin address. I believe one cannot use the bitcoin address of the wallet with lost password anymore.
5728  Bitcoin / Bitcoin Discussion / Re: How about create .bitcoin domain ? on: March 12, 2017, 01:04:36 AM
The investment that Op quoted is something big that is quite enough to make a better profit through other service availability and trading platform. I believe bitcoin domain won't be that profitable than other accessibility to different trading platforms.
5729  Economy / Speculation / Re: Is bitcoin done? on: March 11, 2017, 05:36:41 AM
Op has got panic of the situation, but now after rejection of etf once again the price is quite good and seems to be a growth phase. So panic sellers will make a sudden increase in the bitcoin circulation and this might manipulate the price for a short.
5730  Bitcoin / Bitcoin Discussion / Re: Bitcoin adoption in Africa: Bitcoin solving problems in the country on: March 11, 2017, 05:22:49 AM
Hi Everyone,

We come to learn that Bitcoin adoption is rapidly growing in Africa. Analysts say that Bitcoin could be a solution to problems in Africa including remittances, economic difficulties and even corruption. If this would be successful for Africa, would it do the same for other countries too?

What can you guys say about it? Smiley
yes,it would be very helpful for africa as well as other backward countries where their currencies loose their values and the nation facing severe economic crisis and people suffering jobless.I heard bitwala has started a scheme mpaisa of sending money to african countries.
African countries have economic undeveloped situation. One of the worst case took place in Zimbabwe, where currencies value went much low. Governments too doesn't make necessary plans to make the economy get stability. At that instance people got aware of bitcoin and other digital currency and started using it. Few experts too suggested digital currencies were the one to growth in economy of African countries on adoption.
5731  Economy / Gambling discussion / Re: How to make a good amount with 0.01BTC? on: March 11, 2017, 05:06:33 AM
The best choice is tennis, you can bet on 1.01 odds with 1 btc in Grand Slam, usually when Novak Djokovic, Roger Federer and Andy Murray first round's odds are 1.01. Safe bet.  Cheesy
What's the use of making such an bet over the odd 1.01. If you bet with 0.01 you get an assured one percentage profit but considering the current transaction fee making such a betting causes a loss than profit.
5732  Economy / Trading Discussion / Re: How do I educate myself on bitcoin for investing? on: March 11, 2017, 04:42:33 AM
You can start this education by discovering this forum. If you find anything that you can't understand you can doing some search in google. You don't need books. Internet is more than enough. by the way, It should that you learn first The keywords here. And day by day your knowledge about cryptocurrency increase. and you can try to somthing good in this community.
Good luck


You could find better in our forum about investment and the way of investing. Slowly in a short term you can experiment and understand the reality. In this way you can learn about investing through bitcoin. Another important thing is that if you go through other sources sometimes you may be directed to HYIP that were completely scam.
5733  Economy / Speculation / Re: Bitcoin Price on 13 March 2017 on: March 10, 2017, 04:26:06 AM
Right now on the polling $1300-$1400 has gained more support from the users. I too opted for it and the reason is that the statements put forth by bitcoin enthusiasts. Everyone have stated an price increase on approval and  now the approval of bitcoin etf has been found with high probability leading for a price to move forward from the current price.
5734  Economy / Gambling discussion / Re: How to Win using martingale system? on: March 10, 2017, 04:15:42 AM
Martingale seems to be effective for me from the early days of my entire gambling days. But right now, I don't have guarantee on this strategy. I prefer to not to depend now on any strategy like this one. And OP is right, this is just applicable for those people who can avail to have huge bankroll so this is just good for rich gamblers.
Yeah, everyone cannot be successful through martingale strategy. One who holds big bankroll can be successful. But even the one holding big bankroll doesn't get the guarantee of winning. It has got increased probability of retaining the loss and not earn high.
5735  Bitcoin / Bitcoin Discussion / Re: Bitcoin Will Kill The Income Tax on: March 10, 2017, 03:58:19 AM
As the age of cryptocurrency comes into full force, it will facilitate a subversively viable taxation avoidance strategy for many of the technically savvy users of peer-to-peer payment systems. In doing so, cryptocurrency use will act to erode the tax revenue base of national jurisdictions, and ultimately, reposition taxation as a voluntary, pay-for-performance function. In this post, I cover some of the benefits such a strategy will have for cryptocurrency investors, why our notion of taxation is ripe for disruption, and why cryptocurrency taxation is enabled by default.

Read The Full Article

We all know that bitcoin is a digital virtual currency, the system is peer to peer. In other words taxation has no space in it, because bitcoin was not a centralize type. That's why the community loved bitcoin so much. Grin
That's the reason why large number of people started using bitcoin. It's just to avoid taxation, but if governments make boards to regulate taxes for bitcoin sure it will gets implemented. Recently Japan created regulations to support bitcoin as a payment source which sounds good. In the same manner it also makes taxation acts when adoption is found much higher. So killing taxation with bitcoin is not possible for a long.
5736  Bitcoin / Bitcoin Discussion / Re: Craig wright claims as satoshi? on: March 10, 2017, 03:23:18 AM
The australian computer scientist Craig wright is continuing his effort to get lots of digital currency and block chain patents and claims to be Satoshi nakamoto. Satoshi published the bitcoin white paper and dissapeared after releasing versions of bitcoin.Patent race is going on.Wright is fighting with some 70 banks to get the patent.If any of them got patent for bitcoin,then what would happen???
In a recent days article it's been explained about the patent application for 70 bitcoin and blockchain based technology invention through his lawyer. In my opinion such an effort is based on the upcoming etf, because when bitcoin ETF is approved the trading regulations serve similar to shares. This gets him a patent earning wherever it gets implemented. I don't think he'll be given patent rights, because his identity as Satoshi is not yet confirmed.
5737  Economy / Trading Discussion / Re: Traders are pigs on markets on: March 10, 2017, 03:04:51 AM
Don't make complications with bitcoin trading. It is the same as the way we trade digital assets, but bitcoin doesn't have a price sustainability which fluctuates often. Even here the unlucky pigs get slaughtered, as no one is accurate with price as the price could drop or increase in a short time frame.
5738  Economy / Gambling discussion / Re: ETF betting on: March 09, 2017, 04:39:13 PM
It seems to be highly a risky betting. The reason is that now most has given confirmation that the approval is an assured one. In such gambling event odds are found high for etf approval and low for not approved. So anything unexpected will make things worse.
5739  Economy / Trading Discussion / Re: Bitcoin events calendar on: March 09, 2017, 03:59:57 PM
It would be good if someone makes a calendar with all details added to it with the incidents that took place unexpected and the impact took place on bitcoin. It helps users to explain to the new comers in a better way about the bitcoin from its existence. In near future bitcoin etf approval and halving is the expected event.
5740  Bitcoin / Bitcoin Discussion / Re: Bitcoin mining centralized on: March 09, 2017, 03:43:28 PM
Bitcoin mining haven't got centralized, because if the network becomes centralized miners won't get profited anymore. Now too it has been a big concern for miners how to make a profit as the debate on block size is getting more direct.
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