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5921  Bitcoin / Bitcoin Discussion / Re: Getting porn sites to accept bitcoin on: January 25, 2017, 06:36:30 AM
Yes, this is a brilliant idea. Being anonymous is the biggest part of it.

We just need the community to message the major porn companies, once one does it, the rest will follow. Just as the Silk Road on the Dark Web was attracting people to use bitcoin for fast, anonymous purchases,

the online porn industry will do the same. Not only will it help the porn industry, but Bitcoin itself.
because customers porn videos definitely want something secret, because it is a sensitive matter, so bitcoin will help to expedite their transactions and hide their identity

Porn sites accepting bitcoin is getting increased regularly as it doesn't show the users viewing it. Another thing is that bitcoin helps the people in the countries were porn websites were banned through few vpn services that accept bitcoin.
5922  Bitcoin / Bitcoin Discussion / Re: Could bitcoin prevent crime? on: January 25, 2017, 06:10:40 AM
Bitcoin won't prevent crime, because it has been developed to make transactions faster with less transaction fee and increased security features. At the same it doesn't reveal the identity of the sender and receiver. At its initial stages countries opposed much, the reason is that its been used more for illegal needs.
5923  Economy / Trading Discussion / Re: Best Way to Sell Bitcoin in My Situation? on: January 24, 2017, 06:42:10 PM
Is there some service or people here that buy bitcoin regularly?  thus that way i can always sell bitcoin to them and ask if they need etc?




yes,https://localbitcoins.com/ is one of the best options for you IMHO
make sure you pick a trusted buyer/seller and don't get scammed
another option would be checking Trade section of the forum here (always use escrow)

As mentioned bitcoin localbitcoins is a good suggestion. On selecting the right trader with the help of the reviews and successful trades. It gives access to most other payment process and also helps find a trader in person and make the trade.
5924  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Really The Future Of Money? on: January 24, 2017, 06:10:47 PM
Bitcoin has been described by different terms, as a ponzi, a failed experiment, bitcoin is dead and so on. But bitcoin has overcome all the factors and growing successfully. This makes bitcoin to be the best of all cryptocurrencies.
5925  Bitcoin / Bitcoin Discussion / Re: What bitcoin related businesses do you own? on: January 24, 2017, 03:43:08 PM
Right now I don't get involved into any type of business. I've been planning to start a motorcycle power store, now saving for a better investment. When I initiate the business I'll promote with the statement bitcoin is accepted.
5926  Economy / Economics / Re: How many BTC will make you a fiat millionaire in 5 years? on: January 23, 2017, 11:42:08 AM
I am in a positive side that bitcoin price will push through and unexpected will come in our way. Of course, you have to sacrifice your money now, make sure you don't withdraw it if you really want to become millionaire after 5 years if not, then you are just dreaming and just be happy for the success of others.
Well, if you expect to be rich with only 10 Bitcoin, i think it will never ever happen. We all believe that Bitcoin will increase but although I am a positive man, I dont think 1 bitcoin will equal to $100000. You need to buy more Bitcoin or obtain more Bitcoin from working or trading or even gambling
But some countries even with the current price only 10 bitcoins are enough to become rich or start a business and just think if that person will have that 10 bitcoins after 5 years then he will be able to start a factory with that money.
actually it depend on the price of bitcoin, if the price of bitcoin trading high then 10 bitcoin is really enough, but if the price of bitcoin is not so high then you will certainly need some more bitcoin to become millionaire.
Don't based it with the current value of bitcoin, we are talking here of 5 years and I am sure that time the value will substantially increase. If this year we can see $2,000 then probably the succeeding years are also gonna be successful. Hence, to make our estimate more reliable, we also need to consider the past price trends.

If every year bitcoin prices increase by 1000$ , then after 5 years  the current saved bitcoin will be worth 5000$ more. that could really make all of the current holders of bitcoins billionaire. The only question here is if we really gonna increase the value of bitcoins by 1000$. that something questionable and need some work to do done in order to achieve that.
We are not only looking of $1,000, it's good to see if the increase will always be 100%  per year and that would make the value of bitcoins grow. Banks offer like maximum of 8% per year interest rate for our deposits plus it's subject to inflation, compared to bitcoin, it is more profitable in bitcoin although a little risky though.

Though banks give a maximum of 8% for the deposits, its a assured earning. So people without fear invest into it, but with bitcoin the risk is high that anytime anything could happen. Also we need to do some work to grab the profit but with banks just depositing is enough.
5927  Economy / Speculation / Re: Time to buy? on: January 23, 2017, 11:16:23 AM
Buying bitcoin right now is not smart move. $900+ a piece is huge amount. You could loss your money when it drops. Usually $900 - $1000+ is the price people actually like to dump their btc. So buying right now is not suggested. Profit is not good if you buy at this price. You should buy some when the price is low.

If ones plan is to make a regular earning with the buying and selling process continuously without any interruption then even $900 is a good price which seems an affordable price tag.
5928  Economy / Economics / Re: Do you use a Bitcoin debit card? on: January 23, 2017, 11:00:42 AM
I have never used any of the cards relating to  bitcoin. Registered for the card that's been issued by bit-x, fortunately haven't received the card. That card is available for selected countries with limited services.
5929  Bitcoin / Bitcoin Discussion / Re: Do America and England follow bitcoin? on: January 23, 2017, 10:14:22 AM
Several Americans were found of using bitcoin actively than the people residing in UK. In America people accepted and has got lots of acceptance for bitcoin in physical stores. UK as a Country which accepts bitcoin got decreased when several crisis took place dear its growing level.
5930  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: January 22, 2017, 04:23:12 AM
Sometimes I have been a bit skeptical about this possibility, but many people were also skeptical when mobile phones emerged 30 years ago and anyone believed that almost everybody would be using them these days.

So I am starting to think it may be possible, but of course this disruptive technology will also need several years to achieve that expected massive adoption.

Mobile phones have become an necessity nowadays and it doesn't have any alternative option but when it comes to a currency or payment system there are many alternatives available so people will choose that best suits them and which is easy and convenient to use and people who are comfortable with fiat will never prefer to switch to bitcoins.

Alternate payment gateways help in the continued use of fiat and bitcoin usage too cannot grow in a short period. We are very low in terms of number than fiat users. The spreading done by each user is a must to make bitcoin reach at least half the population by 2022.
5931  Bitcoin / Bitcoin Discussion / Re: Bitcoin in China on: January 22, 2017, 04:02:22 AM
As China holds largest number of bitcoin users than any other country, the changes happening with bitcoin in terms of adoption, governance as well the fake volumes for business popularity affects the bitcoin users around the world. Same thing happened recently and has now been overcome with high speed bitcoin trading and other accessibilities.
5932  Economy / Trading Discussion / Re: I'd like to get some bitcoins. Is now a good time to do so? on: January 22, 2017, 03:47:24 AM
Just a reminder: Chinese New Year 2017 is on next Saturday, January 28th - this is one of the biggest and important dates of Chinese calendar.
I expect that some chinese traders will sell portion of their BTC to fuel their fiat stash, we might see slight price drop. It is nothing 100% certain tho.

After the bubble of price increase and sudden decrease due to the inspection made by people's bank of china on bitcoin exchanges has made a instability in the economy. Now soon after this there will be increase in price than decrease for the Chinese new year.
5933  Economy / Trading Discussion / Re: Is 1000 btc Possible on: January 22, 2017, 03:27:24 AM
Its possible yes, but it will take a while to site on it.
Trade altcoins, invest, possibly offer secure loans.
And you should be able to make it.
it is hard to earn 1000 Bitcoin in a short time. I mean, even if you trade appropriate, I doubt that you can earn 1000 Bitcoin in 10 years. There are many other factors influencing your activity and your money such as luck, skills, your emotions, etc.

Earning 1000 bitcoin is really a hard task. Even with skills and other methods of profits its not possible. Creating your own bitcoin exchange physically and online as well owning gambling websites seems to give a earning of 1000btc. But it cannot be predicted about the time period.
5934  Economy / Speculation / Re: Bitcoin Bubble 3.0 on: January 22, 2017, 03:04:53 AM
What is the bubble in the economical sense?

The usual definition of a bubble is when prices move but there are no changes in fundamentals to justify the move. The rise from $700 to $1100 in December was a bubble because during that point there was no big adoption of bitcoin, no sudden uptake in using it, no resolution to the blocksize debate, nothing real behind it at all.

Bubble in bitcoin price is just to gain more support from the people who make reasons to join bitcoin communities. And the ongoing price after the sudden rise and fall is the real increase. The bubbles help in more adoption and decrease the volatility. The next bubble can be expected by the year ending.
5935  Economy / Economics / Re: What would happen if Bitcoin became a legal currency? on: January 21, 2017, 04:13:21 PM
From the information I have, there are few countries that consider Bitcoin an illegal currency. Moreover, it would not make much difference if a larger number of countries came to declare the currency as illegal, because Bitcoin was designed to function outside the realm of governments, banks or any other centralized institutions.
It is truth. There are few contries dislike Bitcoin and because of that, the governemt decide to forbid Bitcoin. Anyone who has Bitcoin is considered as criminal. Therefore, there are any people using Bitcoin in that country. In my opinion, banning Bitcoin only causes negative effects. If you know how to compromise Bitcoin and the nation economy, that country will be much better

Several countries make a negative statement over bitcoin as well other virtual currencies just because it cannot be considered equal to the country's own currency and the decentralization. This will slowly get change, a week back too Russian government which has been against bitcoin planned to take the ban as well. Same might happen with other countries which oppose bitcoin when they realize the true potential.
5936  Bitcoin / Bitcoin Discussion / Re: The reason why people do not get Bitcoin. on: January 21, 2017, 03:57:13 PM
they do not get bitcoin because they do not try to look for it. in fact, only the faucet, we can produce bitcoin, albeit in quite a long time. I think, although somewhat difficult, if you keep looking, you would get a bitcoin. Well, only lazy people who wish to get bitcoin without work.
Yeah. We can not get Bitcoin without working and being lazy will cause a lot of troubles to you. However, it is not very clever to obtain Bitcoin with faucets because the payout is very very low. If you want to get 1 Bitcoin with faucets, it will take you at least a year to get to that amount.
You are right that the payout is low but if someone will lazy and will not want to do hard work then they have to rely on faucets with faucet they will not use much of their mind and they will get some bitcoins with only clicking the reward button.

The payouts were low with faucets. Spending such a long time and earning a very small amount doesn't feel better if the user tries on bitcoin earning for the first time. Because even 24hr work too won't give an earning equal to that earned from day job. Better is to try with several other forms of earning with some initial investment, only then its possible to earn a good amount.
5937  Bitcoin / Bitcoin Discussion / Re: What would be the best legal / illegal ways to earn Bitcoin? on: January 21, 2017, 03:37:42 PM
It depends upon each and every user who use bitcoin. Bitcoin is used much on illegal purposes, one which I came through is killing humans for bitcoin, and sex workers striping for bitcoin. Everything has bad and good, now more give important to bitcoin as a currency and a valuable asset similar to gold.
5938  Bitcoin / Bitcoin Discussion / Re: One of Bank's Services in Future Will be Keeping Private Keys for Customers on: January 21, 2017, 03:22:10 PM
Banks already have safe deposit box where anyone can put anything valuable that may also include bitcoin paper wallet. Its better not to tell them your bitcoin address, they may report it to government and they may charge you in the name of tax.

There are banks undertaken by governments in which it is not needed to reveal whats been placed into the safety boxes. So there is no need of a panic that Governments will go through our Private keys and track for taxation purposes.
5939  Economy / Marketplace / Re: Which goods on: January 20, 2017, 02:45:04 PM
I prefer buying service in this forum since they render fast and in good one.
And so better have a good choice on buying stuff because you don't know how trading goes in physical ways/

That's right, this forum isn't a market place for goods but we can say it's a market place for services especially in the technical boards where there are loads of designers and programmers who are readily available to render their services for bitcoins.

Also it serves as a place where you can gain knowledge of new service implementation based upon your interest as well the investment you can make. It also helps you to have a discussion about your plans and choose the best out of it.
5940  Economy / Economics / Re: Bitcoin is Freedom on: January 20, 2017, 02:28:55 PM

Bitcoin is indeed a sort of freedom because you can control it by yourself and it can be done completely anonymous.
This why many now are using bitcoin, I mean users are increasing and it is all because of being and having an anonymous account that they can not be traced by other people so Bitcoin is freedom, but there are users that abuses its freedom uses in illegal ones.
 
anonymity alone is not considered as a freedom but the real freedom of bitcoin is that you will not need to have job from any supervisor you are free to do trade of bitcoin wih your oun wish and the other freedom is that with bitcoin you are not restricted by the government to send to anyone the money like you can send your money to any country of the world.

As mentioned anonymity of bitcoin is one among the factor which makes using bitcoin as a freedom to its users. Freedom in other terms is the intermediaries who just earn a lot is avoided with the help of our miners who provide the confirmations with low fee comparatively.
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