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5741  Bitcoin / Bitcoin Discussion / Re: Increase Minimum Transaction Fee W/ 2MB Blocks? on: March 09, 2017, 03:08:37 PM
2MB block is not a big factor to get included into the bitcoin network. Most of the small scale miners gets affected due to this issue. When that issue gets resolved, the minimum transaction fee gets increases along with the 2MB blocks.
5742  Bitcoin / Bitcoin Discussion / Re: Bitcoin as reserve currency. on: March 09, 2017, 02:54:36 PM
Yeah bitcoin as a reserve currency is gaining more acceptance and as an investment. At the same leading as a reserve currency defeating most other countries worldwide doesn't gonna take place in the short or long term. Our speculations would take it to some extent and technology is the one which might help with it.
5743  Economy / Economics / Re: Tell me a secret: any way to earn 0.1 BTC per week? on: March 08, 2017, 10:33:03 AM
You don't get the point well, buying 0.1 BTC is not earning at all. What the OP is trying to seek is an advise on a way to earn 0.1 BTC on a weekly basis.

Doing work for someone else to be paid in BTC is working as well...
In a western country an ordinary job returns much more than work paid in BTC (easily 5-10 BTC per month). There is no free lunch anywhere.


It is not so easy to earn 10 bitcoin per month.
if in the real world of course many people who earn that much (10 BTC) but in the bitcoin world you need to be an owner to earn money for it. possible owner gambling sites, trading, or the like
As said in real world people are earning more than that in a month's time. When it comes to bitcoin I think blockchain developers might get such an increased pay. Similarly it's good to earn through day job and buy and hold bitcoins. It will be a double profit for the user. Other than that as quoted being a owner of a bitcoin firm is the only possibility.
5744  Bitcoin / Bitcoin Discussion / Re: An Interbank System Enabling Exchange of Bonus Points Launched in China on: March 08, 2017, 09:57:04 AM
In such a way several chained banking system got existence. Recently an scheme which pays 64 bitcoin after certain time period with good initial deposit. This too functions as a scheme and spreading is through referrals. Now in a short time frame it has got quit. Same might be the case with the exchange running based on bonus points.
5745  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: March 08, 2017, 09:44:45 AM

Yeh it might be a possible caus if bitcome gain more popularity than liquid cash or any other kind of e-cash transfer..but this will not happen in near future..it may take long time for bitcom to gain popularity..

Its hard to believe that banks will completely disappear in future as banks are the most strongest financial institution that we have and comparatively bitcoin is very young and small and even if it becomes more popular in future there will be many people and businesses that will be dependent on banks for their transactions.
yes that is really difficult to believe that banks will disappear. because most of the people of the world are depending on fiat and fiat are mostly concern with banks therefore banks will survive for ever.
Yeah. Banks won't disappear because of bitcoin or some other financial aid similar to digital currencies. Now if the entire usage is calculated bitcoin usage is very much low compared to the fiat that's serving the human population. Soon or later bitcoin will get increased popularity than the present but won't get considered as primary source.
5746  Economy / Speculation / Re: Again Indian markets are leading. India buying bitcoins for ~$1500 on: March 07, 2017, 04:08:29 AM
We have seen similar situations when demonetization of top bank notes happened in late 2016. Now Again Indian markets are trading ~$200 ahead of rest of markets. India sell bitcoins for ~$1420.

I checked India prices here : https://www.unocoin.com

Edit : Another Indian exchange trades bitcoins at ~1460 https://www.zebpay.com

India will first become country with highest population, then strongest economy on world and last the strongest military force. This will all happen in this century.


Obsession with China on this forum and in general with USA citizens is way over hyped.

Lmao India the world's strongest economy and military? What a joke.
India already is the strongest smelling country on the world. Not a good thing.
This too might be a smell of etf approval. As the price after etf approval is expected to go high as well chance of approval too is high. So Indian traders might have planned to accumulate at the current price and get an added profit in a short.
5747  Bitcoin / Bitcoin Discussion / Re: What happens if BU fails VS What happens if SegWit fails on: March 07, 2017, 03:39:11 AM
Soft fork and hard fork have explained about the pro's and cons of each supporting their own group. Hard fork focus towards mining full nodes and transaction time. Soft fork focus towards the decentralization and the miners fee, so a common committee could resolve it.
5748  Bitcoin / Bitcoin Discussion / Re: Great way to make Bitcoin! on: March 07, 2017, 03:21:25 AM
There are great way to make bitcoin. It will depend with the scope of your knowledge and skills.

If you are good in programming, being a freelancer and developer will be a great way to make bitcoin.

And also being a trader is another great way to make bitcoin.

Yeah users prefer different ways to make bitcoin. Based upon the user need people follow the available methods to earn. Right now blockchain developers can earn high because several fintech firms are recruiting blockchain developers for several projects.
5749  Other / Off-topic / Re: Bitcoin is a good investment now, because... on: March 07, 2017, 03:04:47 AM
Bitcoin is really a good investment online, it is already proven either short or long term. But you should put your coins in the right investment, you are not investing not to lose but to make profits. Those early adopters of bitcoin are now rich because they trust and hold it for a long time.
Believe in it and the rest we all will be benefited. Bitcoin is truly a good investment, because based on the managing ability one can easily avoid losses. The same is not possible with other form of investment. Bitcoin as a investment is getting preferred by more and more users.
5750  Other / Archival / Re: Do you think that you're addicted to gambling? on: March 05, 2017, 11:35:52 PM
As the title says, do you think that you're addicted to gambling? or you just don't realize that you're addicted Roll Eyes
If you ask me, i used to addicted to gambling but stopped after suffer big losses even though i'm still in profit.

No, I'm not addicted into gambling. But I do played in the their site but not most of the time. I just go and played in time that I am alone and not so busy at my work.
I too haven't got addicted, but was very near to addiction. Soon realized and took necessary initiative to have a stable usage of gambling sites. I felt myself lucky because I lost much and realized it, but if I have got addicted I could have lost everything to earn from the beginning. Gambling is good if we can keep it up with some schedule or limit.
5751  Economy / Speculation / Re: Next halving scheduled for 26 June 2020 on: March 05, 2017, 11:19:47 PM
Halving is one among the major factor with bitcoin. This time we are far away from the upcoming halving, in the meantime anything could happen. So just can expect a price increase in respect to the cut down of mining new coins. Before the next halving I expect lot changes to take place with bitcoin in the form of adoption, acceptance and usage.
5752  Bitcoin / Bitcoin Discussion / Re: What can i do with Bitcoin? on: March 05, 2017, 11:07:34 PM
Hold your bitcoin now, just be patience on waiting until it reach the 2000$ or more then once it happen its  up to you if your gonna sell it or not, due to you already get profit on it.

Holding is the best thing to do with bitcoin at a moment as everyone is hoping to see higher price in coming days so only holding can give us some best profits and if you have some spare bitcoins can you can use them in trading or investment where it will eventually grow your bitcoins so in future you would be holding more amount of coins in your wallet.
Depending on the etf users feel holding to be the best way to profit high. At the same people were getting more opportunities to spend bitcoin, while business platforms coming forward to accept bitcoin as a viable alternative for fiat currency.
5753  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: March 05, 2017, 10:54:06 PM
Yes with bitcoins into existence it might happen that banks might disappear ,but it is very unlikely to happen because governemnt does not want to lose control over their people .,so in conclusion it might not disappear .
Banks along with fiat coins aren't very likely to be on the verge of extinction for any reason. Although it seems to be that bitcoin is growing rapidly and dramatically and taking over the place of fiat currencies, it doesn't have the ability to make banks die out. Banks still play a major part in our lives and they still belong to the governments, so as long as the governments are still here, banks won't go anywhere.
Besides it is not like that was the stated purpose for bitcoin or any crypto currency, the purpose of bitcoin is to give to us an alternative to traditional banking and the economic system and it has done so already, we only need more adoption so bitcoin can be used in our everyday lives and we will be set.

People who have started to use bitcoins will prefer to stay away from traditional banking system as with bitcoin they have their own bank in the form of bitcoin wallet and where they hold total control on their funds so in that case they will stop using banks but those who are not aware about bitcoins yet will continue to use banks as they don't have any other alternative option at a moment.
Though people start using bitcoin wallets much more than traditional banking , it won't disappear. Bitcoin has grown with potential but it has not reached full potential to replace the fiat system. It is possible only if banks adopt bitcoin, which is not possible with banks at the moment. Because everything is based on technology and worked by IT vendors and fintech firms. This won't easily work with banks in a short.
5754  Economy / Gambling discussion / Re: Can trading be considered as gambling?? on: March 05, 2017, 01:43:40 AM
I wouldn't consider it gambling because although it involves a lot of speculation, risk, etc, it involves knowledge which is something you do not have control of when gambling (specifically dice)
you are right, Gambling is another thing compared to trading.
Gambling is more risky than trading, Also we can talk about the luck here. but Trading is domain which you can learn it. We talk about skills here not luck. A good trader is a good working man, we can't say a good gambler is a good working man too.
As said trading and gambling differ in various factors. One among them which make a greater difference is the investment requirement. With trading even big amount is required to make big money, but with gambling even a small earning gets you big profit if lucky.
5755  Economy / Economics / Re: Is it better to save money or invest it? on: March 05, 2017, 01:24:11 AM
To answer your question, I will tell you something that good to try.
Last year, my friend tell me he buy 3 btc when the price is worth $700. He said he just want to save his money in another place, not bank. So bitcoin is one of any choice to save money. But what happen now with the price? Now, bitcoin worth to $1200+ and his money is grow. It is same like investing money in the stock.
This is a very nice and colorful example of what is worth buying bitcoin, thereby investing in their future well-being. Only one question oppresses me all the time, how long bitcoin will rise in price? I would not like to lose. While I understand that investing is always a risk.
it was because at that time the price is still relatively small but this time the price is already very high certainly everyone will think buy many bitcoin at current prices including a very risky practice?
Yes it is, Because we are not know when the big red candle of the bitcoin will be happening in the future and i think this is very risky to buy a lot of bitcoin right now. Just watch the price and grab more with the low risk way.
Buying more is good, though the price looks to be simply high. One of the better way to be on the safe side is to have a alternate plan. If things don't work you need to move with the alternate plan even if it is creating small loss. Possibly none gets loss unlike the price of bitcoin.
5756  Economy / Services / Re: Quick way to get $2 in BTC on: March 05, 2017, 12:40:08 AM
i use purse.io to buy bitcoins, but I need to wait 3 days for it to process. I am $2 short for something I need to do. Most sites want a minimum purchase of $10. Is there a simple way I can $2 quickly?
to me if you have good experience and skill in gambling you can get more than 2$ there in no time, but you must also be a luck person.
Gambling seems good way to earn and the risk with yours is low, because the amount required to be won is low. Other than this you could earn through faucets which is possible without a small risk. You need to spend some time for earning it.
5757  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: March 04, 2017, 08:35:17 PM
Trading and knowing how to do it is the most valuable and efficient way to get bitcoin.
You just need to know what to look out for (the signals) on the market before they happen to be successful.
As price fluctuations were taking place regularly it's good to involve into trading than investing for a better earning. Right now the small difference occurring will get traders a good profit. The price went close to $1290 and right now it's close to $1260. This difference will vary once time changes. So need to move the bitcoin with proper profit margin to earn good.
5758  Bitcoin / Bitcoin Discussion / Re: BitCoin 20 Years From Now on: March 04, 2017, 08:19:33 PM
We are now experiencing the efficient, fast and amazing convergence of technologies which one way or the other greatly contributing to the rise of the cryptocurrencies and making Bitcoin as the King of the Hill so far.

Looking into the future...what do you think will be the scenario involving Bitcoin twenty years from now? Will Bitcoin be worth more than a million or will it ceased to exist? Or will a new crytocurrency replace the supremacy of Bitcoin...?

It is true that we are now experiencing the amazing convergence of technologies. Now 20 years from now I really don't know what's that gonna be looks like, the only thing I see by that time bitcoin has surely high value and everything is very high-tec, and  fully developed too. I guess there's no poor people  living in the street also when that comes.

Exactly, nobody knows what is gonna happen with Bitcoin after 20 years, but technology is developing, and I wish to see fast transactions. I hope the time for transaction will be minimized in the next 20 years, and as its growing now, I believe it will continue to grow and become many time costly than Gold.
As quoted none knows exactly what's gonna happen. 20 years time is something very long time period to make predictions. Some times we too might be unavailable by that time. Mostly bitcoin will be on the success path serving similar to the mainstream currency without opposition from governments.
5759  Economy / Gambling discussion / Re: Operating a BTC gambling site - Worth it? on: March 04, 2017, 04:06:17 AM
Really, It's a great project. I think you worked hard to create this site. Don't like other people who bought script and just copy / pasting.
So about the gambling site, I think it's nice idea. Many people like gambling and maybe a lot of them are addicted. so if you build your site correctly and adding all sections of gambling, with a nice design and easy to use, it will succeed. I assure to you.
Anyways good luck.
You are right no matter how many new and old casinos sites exist in the market gamblers always look for more and more sites. I think though that now the market being so stable that people have their fixed site for simple games we need to give the gamblers some new sort of games or at least new concept with the same old hashing system for verification.
Yes, gambling websites will function successfully with at least a small profit. Because these days gambling websites with bitcoin usage is gaining more importance than gambling websites with fiat. Adding unique games with increased winning possibility will reach users easily.
5760  Economy / Economics / Re: Should I believe in Bitcoin ? on: March 04, 2017, 03:48:03 AM
Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy  , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?

Yes, you should believe in bitcoin, as you can see now the value so far is getting so high. So what are you waiting for if you can buy bitcoin take the chance as long as you can afford to buy it.
You don't need any reason to convince you right now. As I believe bitcoin, last year I bought 8 bitcoins, and now the price has risen several times. Investment is risky, if you are afraid of losing money, then I suggest you put money in the bank.
Exactly, investment does not guaranteed automatic success, so if you are afraid and you are not a risk taker then it's not for you. We came here because we want to grow our money fast and not just because others said it's very lucrative here but because we believe on the potential of bitcoin.

Yes, I believe in the potential of Bitcoin. And if we are here, it is no longer necessary to doubt Bitcoin. Who monitors this cryptocurrency few years, he can ensure that profitable to buy Bitcoin
Bitcoin is growing with high potential and the truth is that one who believes and start using it will get profited. The people who hesitate and stand away will surely feel in the future when bitcoin grow high and high with continuous adoption and support from all sectors and by governments.
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