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5741  Bitcoin / Bitcoin Discussion / Re: paypal or bitcoin? on: March 19, 2016, 01:57:46 PM
I think Paypal was effective until Bitcoin was not this popular. I did few transaction with Paypal but must admit there is no comparison between both. Bitcoin is future of online transactions IMO.

Based upon the above mate's prediction it is true that both can't be compared. Now its the time of PayPal. Only when everything goes digital bitcoin's time gets initiated.
5742  Economy / Speculation / Re: Can bitcoin rise up to 800$ this year ? on: March 18, 2016, 07:18:29 AM
Dont think it will rise that much, maybe 600$. Its pretty much stable now... A friend told me it could go as high as 3000$ in July but i dont believe its possible.

not sure who you friends are, but don't believe what they say. $3000 in juli is a big joke. we might be happy if we see the price reach $600-$700 before or after the halving this year.
yeah your right its impossible to reach the $3000 this year and i think the price will play around 600-700 or even 800 if we are lucky.. we will see the this value after end of halving.. Just lets hope the the value of bitcoin will reach 600 above.. and i know after reaching this value half traders i think will be dump so that the price will go back to 400 above..
But I don’t think that the price after reaching to about $800 will come back to $400, as all the users of bitcoin are not just buyers and sellers there are a lot of other features available other than trading.
Yes, there is a fear that the price of bitcoin will reach to lower again if everyone started to sell his/her bitcoin, we have to support and stay with bitcoin for longer time. And have to benefit with its earning at high price value.

Yes if the majority of people will sell their coins at higher price then we might experience price fall in future too which would be very disappointing.

There will be a price hike but if the price of bitcoin goes down it wont be that much as everyone know that bitcoin will be hard to mine and the price should be right.
Yes true if the price drops bitcoin certainly was not much and will definitely go back up. I'm sure the price will surely rise reached this goal and will continue to rise. I believe bitcoin will thrive.

Bitcoin will really thrive to make the 800$ price,the demand for bitcoin this year will surely rise and that will make the price go up.

Of course the price will reach $800 within this year, because now its growing with stability as well without much fall. Also halving is expected this year.
5743  Economy / Speculation / Re: Will Bitcoin be around in 5 years? If so, what's its price? on: March 18, 2016, 07:13:40 AM
No need to fear about the survival of bitcoin. Already it has crossed various hard times. I expect a price around the tag of $1000 to $1300 by the falling years.
5744  Economy / Speculation / Re: 1 bitcoin = 200k dollars on: March 18, 2016, 06:59:46 AM
Bitcoin is never going to become a global currency with the market cap of every country.  Could you really see it becoming worth that much, with most of the rich people simply being ones that had a single coin?

It's alternative form of money, just like gold, stocks, etc... but it's not going to take the world over completely. 
agree bitcoin is never become a global currency but bitcoin is alternative for who want send money fast just in a hour you can send money to you friend or family in other countries.

When bitcoin gets used by most of the people, even if it does't get global acceptance it can be considered a global currency. As suggested it will be the best alternative for the dollar or some other local currency.
5745  Economy / Economics / Re: Long term OIL on: March 18, 2016, 06:54:38 AM
Besides, the article headline is Warren Buffett's $1 billion bet on oil (i.e. price of oil going up or down), surely not Warren Buffett's $1 billion bet on oil industry (i.e. success or failure of the oil industry) as you pretend it to look. These are not the same, are they?

So who is actually drawing wrong conclusion and inspiring deliberate confusion?
As you say it is a bit complicated but I can say that if price of oil decreases from a value i.e cost of extraction then we have a bankrupted industry and if it rises from a value then rivals of oil can overcome and I think both of oil and oil industry have the same fate.

Now over the past few days the price of oil has increased to a small extent. If this increase continues surely industry will boom high and the east Asian countries will be the most beneficiaries.
5746  Economy / Economics / Re: Best way to manage money? on: March 18, 2016, 06:49:01 AM
the best way to manage money is to give it to your wife, or your mother, then they will do a management that does not even you thought, the way I do it, because if I were to manage my money, so the money will soon run out  Grin

Agreed 100%, No one will manage money effectively as mother or wife. Even if you see in most of the corporates women will be handling financial managements.
5747  Economy / Economics / Re: Government & Bitcoin on: March 18, 2016, 06:46:06 AM
Well no one control bitcoin,but big holders may affect bitcoin as they can drop their huge balance.They cant control bitcoin but they can trace the holders ,and tax them soo i hope government keep staying out of bitcoin.
in my area if you build an exchanger you must pay the tax to government, bitcoin may be not supported by the government but they will cost you for everything you do, i trully believe that they will not adopted bitcoin, just hoping they will not banned it

That's why its called a government. They try to get an additional income wherever possible, they don't think about supporting or opposing. Just if you give some additional tax then they won't enquire what sort of business you are engaged in or for some auditing. Only what they need is tax.
5748  Economy / Economics / Re: Is Bitcoins safe? on: March 18, 2016, 06:40:28 AM
Bitcoin is 100 percent safe. Many people use it so it must be. It is more safe than paypal I think and also now more used.
And that is very good. I hope later that more people will use Bitcoin and that they have also get some profit.

Yes bitcoin is highly safe, but in some terms its more safer than PayPal. But in certain manual errors paypal guarantees a return back of transacted money. this is not possible with our bitcoin.
5749  Economy / Economics / Re: Why have Bitcoin instead of cash? on: March 18, 2016, 06:36:13 AM
bitcoin is worthier than cash because it is anonymous, no third party will interrupt user transactions, tax free purchasing, transaction fee is very low and payments can be done via mobile...

The above quote was a few options which make bitcoin worthier. Another major reason is cash value is fixed but bitcoin value varies regularly.
5750  Bitcoin / Bitcoin Discussion / Re: What do people around you think about Bitcoin ? on: March 18, 2016, 06:29:07 AM
Don't understand it or think it is some sort of internet money that they will never need.

Everyone thinks in such a manner, Some believe its a fraudulent work. We'll work hard and some day someone will be grab our earnings and move on. As its internet based we too can't question anyone.
5751  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Dollar on: March 18, 2016, 06:22:42 AM
I would choose bitcoin. Because it is easier to get than $
It all depends on the method you use, but I would think that yes, it is possible to make more Bitcoin in an easy way than it is to make dollars. Relative to the amount of work you put in, signature campaigns are massive money makers.

Easy to make bitcoins than dollars or other local currencies. But you can't earn a huge number of bitcoins through signature campaigns to make your living comfortable, but with dollars its possible to make a comfortable living with a day job.
5752  Other / Off-topic / Re: How to motivate women to use Bitcoin? on: March 18, 2016, 06:18:23 AM
You just need right motivation. Explain the opportunities, which can motivate them to start using bitcoins.

Better be creative in explaining to them, they would listen when bitcoin looks like a cotton candy when you are telling them, explaining it plainly won't get their interest..


Just make it plain,brief and simple and go about the technical issue of bitcoin,most women in business sector already accept bitcoin but for a house wife it will be hard.

Well said explain in a plain and brief manner is the good option, because women gets changed to creative only when they clearly understand. So for initial briefing creative explanation won't result in cent percent success.
5753  Bitcoin / Bitcoin Discussion / Re: Welcome To The Blockchain on: March 18, 2016, 06:14:28 AM
Its awesome. One who have little knowledge about cryptocurrency and if he views this song, sure when the song ends he will be have a detailed idea about blockchain as well bitcoin.
5754  Other / Off-topic / Re: Bitcoin and Porn on: March 18, 2016, 06:10:15 AM

Thats really interesting but in reality its not possible. No profit can be earned by the service provider.

Just check the bitcoin accepting Webcam Site in my signature,
that goes as Free based Public Live Webcam Shows.
This type of Free Service produce enough profit, be sure.

In what manner you will be getting profit. Is it through seo or some other form.
5755  Bitcoin / Bitcoin Discussion / Re: People mocking of me for using Bitcoin on: March 18, 2016, 06:04:38 AM
I think it's because other people are still new about cryptocurrency.

We are also, only after spending some time around the discussions going on in our forum the people around us will stop mocking.
5756  Economy / Economics / Re: Why Latin American economies are turning to bitcoin on: March 18, 2016, 05:53:24 AM
They understand that bitcoin now is on a trend and has really the potential to be a true money, since it is an online currency we can use it as money in the real world.

The trend might got more acceptance over the Latin american region. This will be an initiation of trend setting for the neighbouring countries. The users of bitcoin has increased in this region.
5757  Other / Off-topic / Re: what you like best in Bitcoin ? on: March 18, 2016, 05:41:37 AM
the thing i like best in bitcoin is that it allows anonymous currency transactions. means no one will know about the payment or other information related to the payment including who send it or who received it....
bitcoin isn't fully anonymous your transaction still can tracking by txid,ip address,etc but bitcoin is still safe to use.


Yeah everyone in the world can see your transaction but they will not know who you are and thats a good thing in bitcoin.
It will be hard for them to know you if you are using bitcoin.

Most understand in the wrong way the anonymous nature of bitcoin. Every transaction can be tracked, unlike our banking sectors asking for an identity to do transactions is not required.
5758  Other / Off-topic / Re: Bank or Bitcoin Wallet? on: March 18, 2016, 05:33:39 AM
Bitcoin wallet and bank account are two different things with different purpose. If one occupy the other's purpose, then only one will survive. Hopefully it would be bitcoin wallet.
I do not think bitcoin wallet will be against with the bank. because the real game is bitcoin vs fiat. of course the winner will also impact on bitcoin wallet and bank
But, we have common name for system and unit, i.e bitcoin. So, the real war can be both bitcoin vs fiat and bitcoin vs bank.
Bitcoin is going to win this war sooner or later but the fittest bitcoin will survive for sure.

Well its difficult to say the banks are also strong, I must say the bitcoin is already a step further than banks because its fully digital.
But its also the fact you have to keep in mind the bitcoin is still not stable and banks can have influence for sure, no doubts about that.

Overall I think the bitcoin can win but it will be a long journey!
The banks will disappear later in the future I think, because of Bitcoin. Because Bitcoin and the online wallets are now more used and that is very good for Bitcoin.
The normal banks are now reducing. And of course many people need their banks, so they cant disappear now.
I think if the bitcoin ATM started everywhere in the world and many service providers for ATM cards like visa and master start to load with bitcoin with relatively lower fees then definitely banks will disappear.

This will never happen. Most people don't trust cryptos because of all the negative stigmas it keeps having added to it. As long as people continue scamming and stealing, this isn't going to change at all.

That's the reality. Why cryptos has not received the trust as the dollar or some other currency is due to existence of a large number of coins and getting vanished in a short term. So when such scenario change bitcoin wallets will be used most.
5759  Economy / Speculation / Re: I AM HODLING on: March 17, 2016, 08:55:31 AM
Holding gives assured profit rather than investment, because investments sometimes gets failed but our technology will never fail at any instance.
5760  Economy / Speculation / Re: $10k???? on: March 17, 2016, 08:50:18 AM
10k this year is really far from reality,the demand for bitcoin is not that essential to others and still bitcoin have a long way to go before it can reach that amount.

10k itself is a dream, so 10k in 2016 seems to be something higher than a dream. Everyone would be happy if such scenario happens in reality.
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