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621  Bitcoin / Bitcoin Discussion / Re: Why even holding your bitcoins? on: January 13, 2018, 04:39:39 PM
Why would I want to keep BTC in my investment portfolio? That's most hyped and quite overvalued coin I'd say.
There are other more technologically advanced coins. Is it because of "digital gold" and store of value properties?



Bitcoin is not only virtual asset. It has its own banks and the net of ATMs around the world. So it would be much better to have such coins in yours portfolio. Bitcoin price has a steady tendency to grow.
622  Bitcoin / Bitcoin Discussion / Re: Saving Bitcoins for your Children. on: January 13, 2018, 03:55:15 PM
I have devised a way to save bitcoin for my children. I will used my bitcoin to acquire properties for my children that can take care of them anytime any day. I will also make sure my wife is aware of my bitcoin account details so that they will takeover it  if something happen unexpectedly.

this is really rational way to spend Bitcoin. I am quite confident in Bitcoin but its price can be fluctuated in wide range. So don't be sure that your children will get those sum of money that you expected.
623  Other / Beginners & Help / Re: why so many currencies? on: January 13, 2018, 03:49:43 PM
We are at the very beginning of the era of digital currencies, There are no restrictions yet here. With the time most powerful and reliable currencies will survive. Of course there will be Bitcoin , ETH, Ripple and some others.
624  Bitcoin / Bitcoin Discussion / Re: Need Help about Wallet on: January 13, 2018, 03:41:32 PM
As you all know about the Bitcoin rate are decreasing nowadays, I'm new to Cryptocurrency so anyone who has knowledge about could tell that which currency has potential and good to invest in Huh

Is it a question about wallet or about good coin? I am using Etherdelta and hold there Ethereum coins. Nowadays Ethereum is the best currency, much better than Bitcoin, Litecoin, Ripple or Bitcoin Cash.
625  Bitcoin / Bitcoin Discussion / Re: Best way to cash-out outside US/EUR on: January 13, 2018, 03:36:46 PM
I know the only good reliable platform for cash-out bitcoin and ethereum coins into USD/EUR. This is cex.io. Be ready to send them some photos with your documents for verifying. You’ll get your coins on the debit card.
626  Bitcoin / Bitcoin Discussion / Re: Btc good experience for young people on: January 13, 2018, 03:31:09 PM
Hey, I'm not old but I'm closer to old than young. I was fortunate to get into the stock market early and even a couple ipo's which led me into real estate etc. so now I'm in crypto, follow it, read it still trying to figure it out. Anyway, although everyone is now talking Bitcoin I think this story has sent a message about saving and investing to younger people. I don't think speculation is a good lesson but the ability to do more with ur money than spend it or gain no interest in a bank account is a good thing and I only learned it by listening to others as I was making my way.

I don't think btc is the answer to everything and it could even crash, that would also be a lesson, but the US population in general does not save a lot of money, perhaps this new development could help change that.

Bitcoin is one of the best way to earn money for the guy who has no education, social status and  at the very beginning of its career. A lot of young people has become very rich thanks to Bitcoin.
627  Bitcoin / Bitcoin Discussion / Re: Bitcoin is garbage. on: January 13, 2018, 03:28:30 PM
Yes transaction is high now, but with the speed that technology is advancing towards, we will see a lower cost and faster transaction very soon. For now, for small amounts to transfer switch to Ethereum instead. There are more than enough reasons to prove that Bitcoin is changing the world, and sooner or later, it will be integrated in even our everyday life.

I do not agree that Bitcoin is garbage. Many on Bitcoin have earned good money and its price is very high. The future will show the fate of Bitcoin.
628  Bitcoin / Bitcoin Discussion / Re: BTC Mining vs Buying on: January 13, 2018, 03:27:37 PM
Is it better to get BTC via mining or buying now?

It was no longer profitable early this year for mining. However, with the recent price surge, does mining becomes profitable now?

If yes, any suggestion? There are quite many cloud miner in the market.

Thanks.

Mining Bitcoin today is a very laborious process. It's necessary to use special equipment for this. For beginners, the more easy way is to buy satoshies in the hope that Bitcoin will grow and it really will grow.
629  Economy / Economics / Re: Bitcoin is an asset or currency. on: January 13, 2018, 02:30:30 PM
Basically bitcoin is a digital currency, this being one of the reasons why bitcoin is made. The advantage of bitcoin is peer to peer transaction, because it can be done by two people without requiring third party. It is undeniable that currently bitcoin is not only used as a currency, but can be an investment or asset, but it all depends on each individual level, how they assess the bitcoin function.

I consider bitcoin both as an asset and as a currency. But more as an asset, because I'm now trying to make money on it and I do not spend it.
630  Economy / Web Wallets / Re: What are the best bitcoin wallets? on: January 13, 2018, 02:12:15 PM
the best and safer wallet for cryptocurrency is cold storage  Grin
for bitcoin I currently using blockchain.info and myetherwallet for ethereum and erc20 tokens.
for more security you gan use trezor or ledger

I put my coins in the freezer  Grin

I've tried a lot of bitcoins wallets. Now I have stopped on Mycelium purse, it is simple and reliable. While he suits me.
631  Bitcoin / Bitcoin Discussion / Re: Bitcoin to eliminate unemployment. on: January 13, 2018, 02:01:55 PM
Almost every country has unemployment problems. There are many young boys who are working unemployed. But the days of settling their turn are over. Now, if you wish, you can earn a lot of money sitting in the house. Bitcoin can earn their unemployment by earning. It can be possible to improve the country by improving their lives by earning bitcoin. That is why Bitcoin among all Habetahale to spread the knowledge of the second day will increase the demand for Bitcoin.

I am a student and very helpful with bitcoin. My daily work is always in front of my laptop. Bitcoin greatly helps unemployment like me and me so can make money with bitcoin. Maybe it's not just my unemployment that is helped with bitcoin, there are many more helpful and working on bitcoin today.

Not everyone can earn Bitcoins. I very much doubt that Bitcoin will help get rid of unemployment. Perhaps only to some people.
632  Economy / Economics / Re: Bitcoin is an asset or currency. on: January 13, 2018, 02:00:09 PM
I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??

Speaking in legal terms it is rather an asset but the practice of using and forming a price evident about Bitcoin as a currency. The thing is that Bitcoin is not legalized fully in any country in the world. (Maybe just Japan?)
633  Economy / Economics / Re: why bitcoin is so much special than others currency ? on: January 13, 2018, 01:59:37 PM
It's hard to say why..hehe
Bitcoin has biggest currency value as of now. Even gold can't compete it. It has more special ways to transact investments by not doing any physical activities but only through online access. We can do more cryptos anywhere like inside in our home or else..

Bitcoin was the first of the crypto currencies and this causes respect for him. It has the highest price and this also makes it special. Other crypto-currencies are still lagging behind Bitcoin.
634  Economy / Economics / Re: Bitcoin is Freedom on: January 13, 2018, 01:57:05 PM
Of course, if you have a lot of bitcoin. But I still have little Bitcoin and so I'm not free. Now I try to find freedom and earn Bitcoin.
635  Economy / Economics / Re: Bitcoin's price is getting low on: January 13, 2018, 01:56:47 PM
Watch for Bitcoin ETF applications. As soon as they get approved Bitcoin will go up.

The situation is not yet fully understood. Of course, Bitcoin is under pressure. But on the other hand is now a good price to buy Bitcoin.
636  Economy / Economics / Re: Does this mean Cash will be extinct? on: January 13, 2018, 01:28:40 PM
i don't think that CASH will be extinct there are still plenty of people who would love to used CASH rather than CASHLESS and still there were people who don't know how to used crypto money and don't have any idea about it. for sure there were people will not allow this to be happen just like the poor countries and also for me this will be a long process if this will be implemented.

I see no reason why cash will be extinct. Today they are still important and widely used. In the future, they will probably be less, but they will.
637  Economy / Economics / Re: what is the future of Bitcoin ? on: January 13, 2018, 01:11:30 PM
According to my future bitcoin very was good because a lot of her enthusiasts of bitcoin and the value of bitcoin that is increasingly good will affect the development of bitcoin and the better the development and users then bitcoin will survive in the future
it's really true because with the support of many enthusiasts then the bitcoin in the future can be better and growing also in the future bitcoin. so we all let it always support bitcoin so that the future can be more beautiful than the previous one

Of course Bitcoin has a future. But I can not say yet how successful it will be. I will assume that Bitcoin's price will rise in the coming years.
638  Bitcoin / Bitcoin Discussion / Re: Why do some government ban bitcoin? on: January 13, 2018, 01:09:57 PM
Some government restrictions are bitcoin because it controls outside the central bank. Bitcoin Banking sector threat The government claims Bitcoin as a money launderer. The government does not get any revenue from Bitcoin. As a result, the work of the government is hampered. The government is not growing. But the government benefited from bitcoin if it brought it under the bank. In today's age, there was an employment opportunity of bitcoin

I think they are afraid of losing control over the movement of finance. But Bitcoin will win this battle anyway, progress can not be stopped.
639  Bitcoin / Bitcoin Discussion / Re: Why do we really need Bitcoin? on: January 13, 2018, 01:04:16 PM
I really need this bitcoin, because bitcoin is a freedom for everyone to get rich. and I do not care about this bitcoin background. the most important bitcoin really helped my living economy.
really we do not need to know bitcoin first like what is important now we focus to get it and hope still can get rich from bitcoin. do not care about the issue because it is indeed normal and reasonable

Bitcoin allows me to freely dispose of my money. I'm not attached to banks and paper money, which is very convenient.
640  Economy / Speculation / Re: Bitcoin Jumps High This year on: January 13, 2018, 12:54:38 PM
I think it may reach 50000$+ by the end of this year for sure. Bitcoin is getting 10x every year and this year the price has already reached $15000 and $50000 may not be a big leap.

10x from $15,000 would be $150,000, definitely not $50,000. But $50,000 would still be pretty impressive for a timespan of a year. If Bitcoin is equipped with technologies like Lightning Network, we will jump there in less than no time, though deploying these technologies may take quite a while given the unwillingness of the miners to agree to any changes which affect their profits.

I expect that Bitcoin's price will jump to $ 20,000 this year. And if manage to break through this level, maybe Bitcoin will get $ 25,000.
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