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5921  Bitcoin / Bitcoin Discussion / Re: What impresses you the most about Bitcoin? on: December 02, 2017, 04:12:46 AM
Bitcoin is really impressing now Bitcoin only helps us and it's very easy to use here ,helps your family.


Bitcoin impresses me a lot because they give me a sideline to support my financial needs of my family. Without this new digital currency (bitcoin) i me not be able to sustain my needs in house bills and schools payments. It teaches me lot to be generous in finding money.

The profit and the money behind bitcoin is one of the things that also impress me because with those things, it is really great to have a source of income that will require you lesser amount of effort and time because with bitcoin you can just work for at least 4-6 hours which is 2 hrs lesser than the usual average time of working hours and also you don't need to put a lot of effort since you will just do surfing in the internet and after a few clicks then you will earn money.
5922  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Really The Future Of Money? on: December 01, 2017, 01:55:51 PM
I think that way, because I see the percentage of bitcoin price increase is very high, and that there is one possibility bitcoin will be money in the future. Blessed are those who have invested in bitcoin. Because they definitely get a very great advantage.
That is a thing for sure that they have a great advantage in investment in bitcoin because if they will hold it for the future then it will be a great asset for them because they can just earn more money as the time and years goes by. Bitcoin and other crypto is the real future of our money because digital currencies will become the easiest way to make payments.
5923  Bitcoin / Bitcoin Discussion / Re: crypto Currency is making people millionaires all over the world on: December 01, 2017, 01:47:31 PM
This is really true that cryptocurrencies is one of the main reason of the other people why they are earning a lot of money and becoming a millionaire because of the things that they found profitable in cryptocurrency. Bitcoin is the very first cryptocurrency and also the most common type of cryptocurrency that made a lot of millionaires.
5924  Economy / Speculation / Re: Do Bitcoin will reach $15,000 before 2017 ends? on: December 01, 2017, 12:44:26 PM
It is difficult to say whether it will reach $15000 or not in 2017, but I am sure it will reach before the first half of 2018.
Of course the price of bitcoin will reach to that numbers in the next year because the remaining months are enough for the price of bitcoin to adjust and to continue pumping and we can see in the future that the price of bitcoin can be doubled for the price right now which is an exciting thing to wait for the incoming year of 2018.
5925  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Tax? on: December 01, 2017, 12:15:46 PM
The tax will come in bitcoin for sure because if the government will make the bitcoin as a legal currency then they will make additional changes for sure like they will add some orders to tax the people who are earning in bitcoin and also the other businesses that are accepting bitcoin too. So we should not be confident that things will work and the tax will not be in bitcoin because either we like it or not, bitcoin will have tax in the future.
5926  Bitcoin / Bitcoin Discussion / Re: If bitcoin will be used in our daily transactions. on: December 01, 2017, 11:37:01 AM
If bitcoin will be used as our daily payment is it possible that schools will be accepting it as payment for tuition fees? And if it will be accepted they need to teach the students the use of bitcoin and give the knowledge to use it and how it works.

It may be possible in the near future but paying it with fiat seems more convenient than most families since not all of them know the existence of bitcoins. Another thing, bitcoin's nature being digital, this limits the number of families who will pay using bitcoins since again, not all families are connected into the internet especially the marginalized ones. Teaching bitcoin to universities or schools is certainly a great idea to educate the youth about the value of money, investments, and knowledge to be able to produce revolutionary technologies that may contribute to bitcoins in the future.

Bitcoin have this advantage that it can be split into 100000000 parts. But at the same time we must have to consider current price of Bitcoin. In coming future transaction fee for Bitcoins will be quite higher and cannot be affordable to normal person to send small amount of Bitcoin. This fees goes to miner for confirming transaction by solving block by contributing hash power.

Bitcoin will be a top class, precious commodity asset. So in future there will be more other altcoins used for such micro payments/transactions.
Bitcoin in the future will become a place for an investment only and the other type of doing transactions like making micro payments will just stay good for the people who have altcoins because the altcoins are faster than bitcoin since they have a smaller community and amount of users so it will be great for the bitcoin users to make payments using altcoin.
5927  Economy / Speculation / Re: Bitcoin will fall down on december on: December 01, 2017, 11:02:27 AM
Bitcoin will surely fall down on december because the demand for bitcoin will be on the side of selling because they will sell their bitcoin for the preparing process of the holiday called Christmas where they will buy things like gifts for their family, friends or even on their selves and we all know that most of the bitcoin users already made a lot of money so they will just be spending a lot of money that will result for a huge dump.
5928  Economy / Speculation / Re: Bitcoin go Down on: November 30, 2017, 03:57:20 PM
This is just temporary and bitcoin can go up anytime or very soon. This is just a correction for the fast pump price of bitcoin and i am sure that in the future, we can see higher price and also stronger foundation of the price in the market because the market can have a lesser amount of weak hand investors and traders.
5929  Bitcoin / Bitcoin Discussion / Re: Bitcoin and governments on: November 30, 2017, 03:48:03 PM
I think the government should first think about whether to legalize bitcoin domestically, think of its positive and negative impacts. If they think, bitcoin has a greater negative impact on positive impacts, the government will not legalize it, and vice versa. I strongly believe that bitcoin can affect the economy of the country, if the prosperous economy rely on bitcoin then the country's economy will improve.
Bitcoin cannot really affect the economy of a country because if that is possible then bitcoin will become a very popular cryptocurrency or coin in different major countries since it can affect the economy of a country and makes it even better which is not really happening. Bitcoin and other type of governments will just stay for being not decided because they still need time to study each side.
5930  Bitcoin / Bitcoin Discussion / Re: What is bitcoin on: November 30, 2017, 03:35:53 PM
If a friend asks me about bitcoin, then I'll explain what bitcoin is to them as much as I can. That bitcoin is a decentralized digital currency, a digital currency with an ideology and an anonymous system. If they want a more detailed explanation, then I will give them bitcoin articles.
If i were you, i will explain bitcoin more on being a great opportunity to put our money and to make a lot of money because if you will put a lot of money in bitcoin then you can earn a lot of it which have a high interest that makes sense for the people who want to have a fast profiting system than other type of investment vehicle.
5931  Bitcoin / Bitcoin Discussion / Re: Should I invest now or wait a while? on: November 30, 2017, 03:04:52 PM
I think that it is not a suiable time to buy. Bitcoin are falling down. It is a adjustment. You should wait until the price is $8000.
I agree to that, we should really wait patiently to be able to maximize the potential of buying at the best price right now. The price of bitcoin is now falling but it doesn't mean that bitcoin will not go up anymore, we just need to wait for the best entry price to buy in and get a lot of cheap bitcoin and hold it for the future and long term.
5932  Bitcoin / Bitcoin Discussion / Re: How can we explain that the bitcoins is not a scam on: November 30, 2017, 02:46:29 PM
Bring them to their own computers and make them search different things in the internet maybe youtube or using google and it will work for them to realize and find out that there is a lot of people who are already in bitcoin and trusting it as an investment and that will make their believes opposite and they will become an investor too.
5933  Economy / Speculation / Re: Do Bitcoin will reach $15,000 before 2017 ends? on: November 30, 2017, 02:35:45 PM
Nope, bitcoin will not reach 15,000 before this year ends because as you can see that the price of bitcoin is now dumping and i think that it will just continue to have a great price for the next year that will become an opportunity for other people to grab and made their first investment in bitcoin which will give them more and more profit.
5934  Economy / Speculation / Re: what you think about bitcoin in like 5 years? on: November 30, 2017, 02:02:02 PM
It is a great thing to say about future, it is difficult to tell what will happen tomorrow, but it is very clear that the way Bitcoin is moving forward, it will be difficult to paint it. And I can not think of what will happen after 5 years. It costs at least 20k or more Cheesy Cheesy
If that is the case, I will be shocked. It is only 100% growth in 5 years.
My prediction is that it will be either with a much higher price, at least 200k, or it will be worth much less.
Of course bitcoin will cost more than that. The price of bitcoin is slowly going up and soon in the future, the price of bitcoin will be at least doubled for the price in 5 years, the price of bitcoin is unstoppable but even though there are times that the price of bitcoin is dumping that only means that it is an opportunity to buy a lot of it.
5935  Bitcoin / Bitcoin Discussion / Re: Why should people use Bitcoin? on: November 30, 2017, 01:46:15 PM
Purchase something, anytime, at any place with the money equivalent of internet cash.
People shoud use bitcoin because bitcoin can help us to became rich or millionare in the future, and people should use bitcoin because there are many benefits thats the people will receive when they use bitcoin, and they will have a oppurtunity to earn many money using bitcoin.
If they will use bitcoin then they will have an opportunity to earn money and if they will become serious in bitcoin then they can earn a lot of money that will result for them to earn a lot and it will give them chance to be rich and to be one of the most rich person in their place which is all cause of bitcoin.
5936  Bitcoin / Bitcoin Discussion / Re: What if, we advertise bitcoin on T.V.? on: November 30, 2017, 06:47:46 AM
Yes, If Bitcoin can be advertised on T.V, it will be more popular. But I dont think it is neccessary. Because Bitcoin has beed advertised very much in the Internet. That's enough
I agree with you that the internet is enough to advertise bitcoin because there is a lot of people in the internet and advertising it using the internet will just result for having a lot of people to notice it and to know bitcoin as a great cryptocurrency and it is not also that pricey to just advertise bitcoin in the internet because with just a few bucks then you can advertise it.
5937  Bitcoin / Bitcoin Discussion / Re: What Are Your Greatest Fears As a Bitcoin Holder? on: November 30, 2017, 06:14:42 AM
Getting hacked is one thing, but your wallet provider doing the hacking? Even worst. That one website you totally entrusted your savings with is also the one hacking into your wallet is just plain old wrong. I hope we get a safe storage for your bitcoins so we don't have to always worry for for the security of our bitcoins.       
If you want to have a safe place for your bitcoins then it is the best to just put your bitcoin in a paper wallet because that will be the best option for you to be safe and to be a good bitcoin holder since the price of bitcoin is going up and it is attracting a lot of hackers to get into your private things and steal your bitcoin and they cannot hack and steal your bitcoin if you will put it on a physical offline wallet.
5938  Bitcoin / Bitcoin Discussion / Re: Bitcoin in College??? on: November 30, 2017, 05:58:22 AM
I am sure that in the coming months, Bitcoin can be a part of the discussions in many classrooms. Now, instead of focusing more on Bitcoin, what should be discussed is the technology behind Bitcoin which we all know is Blockchain Technology. I think that is the game changer of this whole thing and it can be applied in so many industries and can even be applied in schools.
Bitcoin as a separate course or subject maybe hard to imagine, but, inserting the studies on cryptocurrencies in some subject , like economics and marketing would be very helpful since we are now living in digital time, where the use of alternative coins is widely use in some countries. hence, in this internet times, everything is possible in just few clicks of your finger.
Bitcoin will be the best subject in college if it is going to be taught in different students in different college universities, opening bitcoin as a subject can change a lot of lives because people can just grab the opportunity and do a sideline in bitcoin an support themselves financially because of their profit in bitcoin.
5939  Bitcoin / Bitcoin Discussion / Re: Would Bitcoin ending up like Yahoo in the future? on: November 30, 2017, 04:07:25 AM
Yes, Of course, Everything have to develop. Bitcoin has many disadvantages, so if it can't improve them, they will be replaced by another.
I agree with you. There is a lot of disadvantages of bitcoin right now that doesn't make sense to use it for daily basis transactions like its fee that is too high to be pay which is not a wise or practical way to do transactions. If bitcoin will have that for a long time then people will just transfer to another coin which is a better coin than bitcoin.
5940  Bitcoin / Bitcoin Discussion / Re: Is it worth to pay $8200 for 1 BTC if you are a newbie? on: November 28, 2017, 03:02:28 PM
If you really invested in bitcoin and bought 1 bitcoin with the price of 8,200 USD then you already made a lot of profit for sure because the price of bitcoin right now is above 10,000 USD and it is best if you will keep on holding it for a longer term because the price of bitcoin might go up higher than the price right now.
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