Well I think not replace, its simple that we have bitcoin and we have dollar. For me, we cannot replace dollar, because dollar is dollar. But bitcoin is now having a name and people are talking about it, so its not impossible that bitcoin will also have a big name as well as the dollar.
Bitcoin and dollar have their own value. As stated in the above quote bitcoin is slowly getting popularity, dollar has already got it. Important thing is that bitcoin is very small in capital compared to dollar. So replacing will never take place, as an alternative would continue to grow along with dollar. |
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The prevention of fraud and counterfeiting is a serius issue. Anonymity is a concern but it is only for security.
The Blockchain is capable to prevent all types of fraud and counterfeiting. It also gives highest possible security to the investor.
To some extent what you are saying is correct, but you should explain more in the OP as to how is blockchain capable of preventing fraud. As described bitcoin's technology sure supports preventing fraud as well crimes. At the same I'm not sure how things work with Blockchain in preventing crimes. This will not be perfect in whatever perspective its been considered. Anonymity is a good feature which will help people to stay secure. |
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That's good to have a bitcoin day, but the same has got lot of problems. People around the world, even in countries where bitcoin is banned are still using bitcoin. So when they tend to celebrate it reveals the identity to the government. Better is to share and celebrate it within our community or within our forum and exchange thoughts on the particular day.
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Betting on Oscar Award and winning is possible to just 40%, because the jury panellist observation over a movie and ours differ much. So most of the time other than few results everything goes with unpredictability. But the effort of making such odds for gambling is really appreciable.
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In general, the minimum amount of BTC required to trade is said. It would be appropriate to start with an amount that a newcomer would not be worried about when he lost in trade.
What is the amount of BTC needed for a professional trade? How much is needed to get high profits.
To be able to trade some strategies need to be able to apply. What is the amount of BTC that can meet the strategies required for a high boiler?
When you have handful experience in trading with small amounts move for a next phase of being a professional bitcoin trader. To be professional at least 25 bitcoin is a must. Only then with the continued buying and selling process you can get some good profit based upon the profit margin fixed. |
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Bitcoin as an advancement in technology which got existed for some sort of purpose to support the fastest transactions. This further got transferred to a better place as an alternate currency that slowly got acceptance in several merchants. On the other side giving user the hope of earning good through different possibilities. This makes it worthy.
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This is a difficult to answer on how many bitcoin are lost. We could not count the exact figures then the total bitcoin were lost forever. Everyday are many uses bitcoin, having bulk transactions doing withdrawal, transfer also. So for me its hard to tracked these losts.
Bulk transactions help for the easy way to calculate the number of bitcoin easily. Only method which can be used to make the number of lost bitcoin is using the transaction details. It will be a long process, every bit of bitcoin will be transacted at least once. Now if the number of bitcoin address and the transaction along with that gives better results. |
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Sports betting is good whether its online or offline, because we can predict results in a precise manner than any other forms of casino or dice games. Initially starting with sports bets and moving further towards other such ways of gambling is good for a beginner.
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oh boy, OP must feel pretty dumb saying what he said about price, now that the correction is over with the $750 as its bottom and now we are $1030+ and still rising.
but again, i am kinda certain that this topic was not created for speculation purposes but to say up only...
That might be obvious, as quoted bitcoin surely will soon become stable with the price not getting lower than $750. As things were uncertain we cannot hope price movements will continue for a long or not. The $1030+ is simply good to get good earning. |
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I hope that someday the government
will realize that bitcoin has a big help to many
people and it is not a threat to a country.
Government has started to regulate bitcoin's technology than bitcoin. Every country have plans of generating their own digital currency. It doesn't seem to be a threat to the country, but several countries have warned public that bitcoin is used on their own risk. No law to regulate officially. |
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It was an order by trump because the pieces of the ATMs were made in China this they are banned. Hahahaha either that or it was just some punks trying to hack them then got mad and vandalized them when they couldn't. The cops probably won't do anything. Why would they? Bitcoins are only used by criminals after all.
That might be true, just to show the opposition to China they could have done that. But what the News describes is that a protester supporting bitcoin to be the currency started protesting and in a short more than 150 people joined hands and which shortly got end with violence. |
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They will think that if i keep in bank i will get 7% return in a year but if i gamble i will get 100% of it. No when will ever be addicted to gambling if we successfully change their mentality.
It is a fact that you are going to get alot more from gambling however that doesnt mean people cant quit. People could quit and call it a day when they feel like it, people just wont and thats a fact as well. They think that this could be one of their resort to be rich and they wont stop till they actually get what they are looking for Only very few achieve what they expect through gambling, that too not because of the skills or strategies but just with the luck they have. When you feel yourself losing and feel bad for it, give promise to someone who's close to you. This works effectively because often I do this with deadlines of quitting for short term. |
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Bitcoin to USD is better form of trading than altcoins. Altcoins were highly volatile than bitcoin for which we can't make a perfect calculation similar to bitcoin. So with a small variation happening often we can make at least a small profit periodically.
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I haven't seen any insurance company accepting bitcoin as payment for regular premiums. If Op is sure of taking policy by paying bitcoin as premium then he needs to find a policy agent who accept bitcoin and pay to the insurance company in terms of fiat.
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Its an illegal act and is punishable by law when bitcoin is used on laundering money, because that is not transparent to the government regulation and through laundering illegal transactions is prone to happen. We don't want bitcoin to have bad reputation right? So if we knew something involved to any cases like this linked to btc laundering, it should be reported so that i will be stopped in an earlier time.
i think that there is only one solution for that, that governments should consider bitcoin as legal. and after they they can also impose tax on it and can also put tax on it on transaction of bitcoin from one country to another. although it is loosing difficult but i think it is not such big problem for the governments to do arrangements for that. Bitcoin getting regulated by governments needs more time. This is not simple to make arrangements to track the transactions and impose tax. The uncontrollable factor keeps it hard to find the person behind the laundering service. Eliminating bitcoin from money laundering is a difficult and a task which is 80% impossible. |
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It was the final I wanted, Rafa Nadal vs Roger Federer, what a classic match, unfortunately I lost money because I went for a Nadal win, but at least I had fun watching the match, you can't always win... it was really close.
Considering Rafa is still 30 and Federer is 35, it proves Rafa has at least 5 more years to become number 1 again with realistic possibilities.
I too lost as I went for Nadal. As said Federer proved his ability in the third set how things could change in a while. Only the experience that took him to a successful winning. Rafael Nadal played well, but leading the final set 3-0 and losing the set is something which is out of his control. |
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I am just wondering if the $2000 mark is realistic for the next years... what is you opinion?
I'm new to the bitcoin but and still learning about it. But in the future if the reach 2000 USD, it will be worth my money and time about getting my hands on those hard earn bitcoins. everyone is so optimistic that the bitcoin price will keep growing from time to time. it is just the matter of how people see bitcoin, how they consider and use it. i mean when bitcoin keep circulating and the demand keep growing , $2,000 will reached faster than expected , just like when $500 to $1,100 few months ago. I think, number of people start looking for bitcoin everyday and not just people, the companies will see bitcoin is faster transaction and make companies start accepting and that's the way bitcoin adoption will continue to increase, and more companies will accept it as payment. Yes, we will break more than $2000 some day. As described someday we'll cross $2000. During the current rally crossing $1000 we won't touch $2000. I think during the days nearing to the next halving we will reach $2000, because something happening instantly seems a artificial bump, gradual increase is the best to be experienced. |
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The word computer will fade overtime. In the future, everything is computerized and the internet would be everywhere and free like oxygen. The internet of things is what they call them.
$ would become like Bitcoins. It will only exist digitaly when paper money is gone.
The future? Most thing have computers already and wherever you there is free internet, like on coffee shops, hotels, restaurants gas stations, parks and the majority of money is electronic and not on the form of cash, you are talking about the present. What you have mentioned is correct, but such services were used by small user group who're already elites. Thinking of the public it need as well takes lot time to reach them the use of electronic cash. As they were stricken to paper money usage because of the convenience and physical appearance. |
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Bitcoin is good investment now because as we can see it is growing in value, so as long as it is still in low value and you can still afford to buy bitcoin grab it, because sooner or later it will grow double of value of what we have now.
As said the value is getting increase along with that bitcoin as a better investment have been noticed by users who have been using different digital currencies. Now during the current peak we can make a sell for a better profit as no one is sure which is the peak price and when its gonna fall back. |
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It happened recently when the federal reserve staff used the confidential server for mining purpose. As those were high configuration it could be fast in the mining process. Fortunately he got noticed and caught red handed. Haven't levied a big fine, just $5000 with 12 month probation which is not a big thing for a fed staff.
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