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601  Economy / Economics / Re: Is USD being used for illegal activities? on: August 28, 2017, 01:21:43 AM
Of course it is used, but they prefer cash rather than through bank transfer. Through a bank transfer it is very easy to track, and a suitcase of cash is difficult to find.
Yes only a dumb can use banks for illegal purposes. All drug dealers and other criminals who are involved in smuggling, money laundry etc use to carry cash and the reason is very obvious and same that you have discussed. USD like other paper money is excessively used in illegal works.
602  Economy / Economics / Re: If you have a lot of bitcoin, should you spend it or save it? on: August 28, 2017, 01:08:53 AM
I think that bitcoin should be scared to save as long as possible, regardless of how many it is. The currency is growing very fast and brings a fantastic profit. The more coins there are, the more profits there will be in the future.
Why should be scared of saving bitcoins for long time? You too know that bitcoins are day by day increasing in their value and there are many speculations about bitcoins setting new records in the coming years. Under such circumstances, I don’t think so there is anything wrong in saving bitcoins.
603  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: August 27, 2017, 08:01:08 PM
In long time Bitcoin for sure going to give you benefit as the previous progress itself proof and not only that Bitcoin is the future for sure. So Bitcoin will Benefit on saving in long term basis.
Saving will only help you to earn money not bitcoin. And earning bitcoin is much better than earning money. Because having more bitcoins means having more money. If you cannot trade properly or you have any other genuine reason for not trading in bitcoin to make bitcoin then it makes sense but if you have time money and everything that you need even then you keep on saving it then that is ridiculous act to be honest.
604  Economy / Economics / Re: Why Bitcoin has power nowadays ? on: August 27, 2017, 07:56:25 PM
Bitcoin has power because the financial industry is failing, or the systematic one we have had and instead virtual currency is arising and bound to take it over. I give it one century and the face of money as we know it will be changed.
You told 1 technical fact no doubt. It is making it powerful but one main reason is that now people are getting interested in bitcoin more than before. They are getting knowledge about bitcoin to start use them. Every day if 2 persons leave bitcoin community then keep in mind that 5 people starts using bitcoin. This is increasing its value and is making it powerful.
605  Economy / Economics / Re: bitcoin provide income on line? on: August 26, 2017, 10:38:53 PM
Yes it can provide income if one's invest in some campaign or join/apply in signature campaign. Also in trade, I read quite few about trading because I still know few about Bitcoin and by all the source I get by trading you will buy bitcoin(when the value is low or the current) and you will sell your Bitcoin(when the value of the bitcoin increase *you will have the same Bitcoin amount but in increased value if desired to convert in fiat money*).
trading is not only buy Bitcoin on low price and then sell when its high, you can also trading with altcoin and there more profit and loss than Bitcoin. you must do some research for altcoin that have high value.
You can trade in any currency you want to. If you go for any altcoin then the difference will be that you will not get that much profit that you can get from bitcoin. Bitcoin income can never be same. It will rise or fall every time. But don’t panic it will have 80% chances to raise every time. Because people’s demand for bitcoin is increasing day by day. So just be positive and start using bitcoin and keep believing that it will raise.
606  Economy / Economics / Re: Why Should I Choose Bitcoin ?? on: August 26, 2017, 10:28:16 PM
I choose bitcoin because it gives me more opportunity for additional income and a more financially stable future. Here in bitcoin I could earn while sitting on a bench and posting in a forum it also opens up the chances of higher returns for investment and more earning opportunity just focus and trust bitcoin
I think this question is like asking why to change your life. Man it has so much benefits and advantages that you can never imagined will exist. It not only gives opportunity to have additional income but also it gives you opportunity to change your life. You will feel so good while dealing in bitcoin that you will wish all paper money to be changed in bitcoin. I would tell you the best thing for choosing bitcoin that is its safety. It keeps your money safe and also it keeps your identity safe.
607  Economy / Economics / Re: Is it possible for the bitcoin to lose it's value ? on: August 26, 2017, 10:02:56 PM
I think that this is really possible if the activity of transactions falls due to loss of interest in bitcoin. But now it is very popular and there is no reason to think about its collapse.
Anything is possible in thing world. So is the case for bitcoin losing its value. Let say that people get fed up using bitcoin due to transaction fee or any other thing then it is of course possible. But by observing previous record we can say that it cannot lose its value because people are day by day engaging themselves in bitcoin. Anything is possible in short.
608  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: August 26, 2017, 09:51:19 PM
I think, if bitcoin has a stable value. Means bitcoin very popular and familiar used by people around the world and many merchants who receive bitcoin as means of payment for every financial transaction. And hopefully stability never happens, so i can continue to make money from coinmarket.
Bitcoin value being stabled is not possible. No currency in the world can achieve stable value. Bitcoin users are increasing and decreasing every day. That results in changing of demand and that led to change of value. So let suppose its value become stable. Then that will depend on that value. If that stabled value is higher than people will definitely keep using it. But in other case that is value being low, in that case people will of course stop using it and will start looking for some new and better currency.
609  Economy / Economics / Re: Can Bitcoin also lead to corruption ? on: August 26, 2017, 09:37:29 PM
What kind of corruptions you are talking about? Bribes? Money laundering? Insider trading? Every single one of those existed before bitcoin and they will exist after it. If bitcoin made being corrupted easier, so what? Internet also made so many crimes possible. People even can hire hitmen from the internet. Do we blame the internet for that? No. Every technological advancement comes with pros&cons.

Exactly once, it's all back to the user again, if used for good then it will be good, but when used for bad things it will also be able to ruin it all this tergantuing from the purpose of bitcoin users themselves
Obviously! The objects themselves are never bad. We can never curse any creation for harming mankind for instance with a knife you cut fruits and murder someone as well, so the problem is not with knife rather with the user. Same is the case with bitcoins. Before their creation, corruption was still there.
You are right. Problem is with us and our minds. When it was created even then people used to involve themselves in corruption. And that example of knife was best. It is absolutely made for betterment of mankind but even then there are people are there who can make bad use of it. So I think we should be positive by ourselves.
610  Economy / Economics / Re: Why have Bitcoin instead of cash? on: August 26, 2017, 08:35:07 PM
Bitcoin instead of cash because bitcoin have many uses, like its fastest in transactions online. Bitcoin gives opportunity to invest and has a value. Having bitcoin is a good idea now that someday we have a savings in the future. Bitcoin we have a chance to earn easy and we have more knowledge and idea that we can learn. Because bitcoin is most trusted, safe and secure than cash. Its also possible to earn a profit and the price of bitcoin is increasing.
I wonder how it bitcoin makes it easy to make money? I don't believe it. If you mean your income due to the increase in prices is a temporary increase. I don't think it's earnings and it will not last forever. To have bitcoin need a lot of work.
People like you, I meet every day. I try to keep convincing them to use bitcoin and then my talk end with words that ok do as you like. Any ways I would like to tell you that if you think that bitcoin cannot change life then you know nothing about it. If you can have a safer way to keep your earning where there will no tax charging. Your identity will always be hidden then how can you call it a bad currency. Being safe and having no tax charges is the reason why most of people choose bitcoin rather than money.
611  Economy / Economics / Re: Bitcoin Is Not Really A Good Money on: August 26, 2017, 08:20:37 PM
Now bitcoin is not very good money it is true. But who is to blame? Bitcoin can be compared to weapons. You can use it to protect your life and can destroy and take away life from others. Bitcoin still not a currency. We are still on the way to this and much depends on our actions.
Man are you kidding me? Bitcoin is a pure source to be rich. It is right that bitcoin is not money because it is something better than that. It keeps your amount, your earning safe then how can you even think about bitcoin destroying others life. I mean come on. We are going to make it happen and we will make it happen it will not only become currency it will also take over all currencies of the world.
612  Other / Off-topic / Re: Young people should go all in on bitcoin on: August 26, 2017, 08:11:18 PM
Forget about everything else and just put everything on bitcoin. You are living with your parents, they pay everything for you, you got nothing to lose. If I was living with my parents, I would save everything and buy bitcoin monthly. If BTC doesn't keep rising you can still reach the 21 BTC holder group, then save this and retire in 10 years when the price makes you a millionaire.

Go all in on regret later. You are on a privileged position to profit from high risk high reward moves. No risk no win, and BTC is the best long term high risk bet.
I know you're just concern about the teenagers or among the students in the school. But, I think isn't much good if they put everything to their priority to finish their study first. and for sure majority of the student will ignore bitcoin only few student will going to be open minded in this things.
But I think every student should involve them self in this. Because it will help them to reduce tension from their studies. It will help them to lift their own needs by themselves. They can also help their families financially. They will easily be able to study. In fact I think they will be able concentrate on studies even more by using bitcoin. There will be no need to ask any one they will be able to make their own decisions.
613  Economy / Economics / Re: Do you think cryptocurrencies have the potential to overtake regular currencies? on: August 26, 2017, 08:09:09 PM
It remains to be seen. Now people are attracted to constant growth rates, but this is because a lot of people are holding bitcoin, with the goal of getting rich. Also, a lot of speculators invested their money in bitcoin. If circumstances change then the price may start to fall again, it will trigger a panic, but a much larger scale.
Let hope that these circumstances don’t change. And holding bitcoin in my sight is not a good activity. And holding it I think will never let any crypto to take over other monetary system ever. Because they don’t use them and keep them as a useless material. In this way less bitcoin keep into the use of anyone and other people are still unaware of this thing.
614  Bitcoin / Bitcoin Discussion / Re: Would you sell your dog for 100,000 usd in btc ? on: August 25, 2017, 08:13:12 PM
I don't think that there is some man on the planet who would like to buy my dog for even $1000)
What if someone pays you 100,000 rather than 1000? I think you will go for it no? I will be very honest that I will obviously go for the deal. I will sell it for 100,000 and will start making it double or triple. Because when I will be able to make much money then I will but more dogs and of course better than this one. And I am also fed up by this one I want change. Indeed everyone wants. So yeah I would sell it.
615  Economy / Economics / Re: Bitcoin or gold? on: August 25, 2017, 08:39:00 AM
I choose bitcoin and gold. You can not keep all your assets in one basket so as not to lose everything in case of a collapse or to remain with minimal losses if the distribution is correct.
That’s a wise move. The more diversified portfolio you have, the more chances are there of yours to be rich in short time. Gold is though much more stable than bitcoins but not capable of producing profits like bitcoins. I will also choose to invest into both to be on the safe side.
616  Economy / Economics / Re: Why Bitcoin has power nowadays ? on: August 25, 2017, 06:45:35 AM
Bitcoin has power nowadays because of the high demand for it in the market. There are a lot of people who want to buy or sell bitcoin and that has increased the value and power of bitcoin. If there wasn’t so much demand for it in the world then it wouldn’t be so valued.
Definitely, the increased use and demand of bitcoins have made them rule the crypto world. Too many people are investing into bitcoins because of their potential to increase in value in short time. People have started treating bitcoins as long term investments which has further increased their demand.
617  Economy / Economics / Re: Is it possible for the bitcoin to lose it's value ? on: August 25, 2017, 06:44:20 AM
Maybe yes and Maybe no there are times that bitcoin may fall but since we are in new technology that runs our world and bitcoins will be change our economy then bitcoin will never lose its value even if wer are going the new generation there's no such thing or any reason for the bitcoin to lose its value untill no one uses it.

As technology is upgrading there's a chance that bitcoin can lose a little bit of it's value but I don't believe that it will completely lose it's value. I have a hint, that the biggest person, CEO's of IT companies are even predicting that bitcoin can be a big blast for the next years to come. I guess they have a plan to pump bitcoin.
Bitcoin will not completely lose its value because it will continue to improve and get some good developments and that will make the price pump and i don't think that CEO of IT companies will pump bitcoin because they are just speculating and i believe on what they think because i am comfortable that bitcoin will touch $5,000 price in the next year.

That's just a guess coming from me. Just like others said that aol has been forgotten and there's a new trend. Friendster has been forgotten because of facebook, so there's always a phasing and upgrade in terms of technology and bitcoin isn't too far from it that's why I guess the same scenario can possibly happen.
This is possible because people are working hard day and night to develop new apps, gadgets and technologies. Bitcoins definitely needed to be updated after every six months to stay in the game. With passage of time, the expectations of people from bitcoins will increase and to meet them, bitcoins need continuous improvements. 
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