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6201  Bitcoin / Bitcoin Discussion / Re: Where can I go to barrow bitcoins on: November 08, 2017, 04:47:32 AM
Even here you can barrow bitcoin and just create a thread on the right section here in our forum and post that you need to barrow a certain amount of bitcoin and you should have a collateral so the process of getting a person to give you some bitcoin to barrow will become faster because they will trust people who will give collateral because if the person will not pay back then they can use the collateral to get the same amount of money.
6202  Bitcoin / Bitcoin Discussion / Re: Is bitcoin is the new era of currency? on: November 08, 2017, 04:37:12 AM
Bitcoin is developing too fast that becoming the most popular coin on this cryptocurrency market. Its price is so high make everyone want to own, and many benefits, using in transactions without needing any paper money, secure, fast, and can be used to invest. So bitcoin will soon be a new currency in this era
Bitcoin will not become the new currency in this era because it will just become the one of the best option for making transactions because of its fast and secure technology. We need to accept the reality that we cannot depend on bitcoin for using it as a regular currency for daily basis and for doing basic things like buying something in the store because it is not a wise decision because of the fees to be paid and also the chance for you to earn more if you will just keep bitcoin.
6203  Other / Off-topic / Re: Bitcoin is not gambling on: November 08, 2017, 04:26:49 AM
I do not see it as gambling, because in terms of investing and trading bitcoin can be analyzed, so for those who rate bitcoin as gambling possibilities because they have not understood about bitcoin as a whole and its analysis.
Well it applies to fellow users Bitcoin will also say something like that "Bitcoin not gambling" for now I also still doubt whether we do traders activities including gambling, because we buy cheaply and then wait for price movements rise then we resell and all that we do with the hope of luck, like gambling we hope to get a good card to get big rewards. hopefully my opinion is wrong
Luck will not become a place to depend on if you know how to do analysis because luck are just for newbie traders or those traders who are not studying the real essence of trading. If you know how to analyze a coin like doing research and making sure that it is a good coin to buy and trade then you don't need to rely on luck anymore.
6204  Bitcoin / Bitcoin Discussion / Re: What if, we advertise bitcoin on T.V.? on: November 08, 2017, 04:16:17 AM
Honestly, I don't think it's far off for Bitcoin or other cryptocurrencies to appear on tv in some way. Projects are developing more apps those days so it only takes 1 major company to pick up that benefits from tv commercials.
In my country, the government are helping the growth of Bitcoin, because when the price of Bitcoin increases, they always create some breaking news about financial and alert the Bitcoin traders. But they do not know they are promoting the value and the volatility of Bitcoin to the people in my country Cheesy


Some time ago in my country bitcoin aired on TV. However, it is not explained clearly only the increase in bitcoin reaches the price of 1 BTC = $ 7000 .
Unfortunately in my country bitcoin still not legal  Embarrassed Embarrassed Embarrassed
Just keep faith in bitcoin because i think that the not legality of bitcoin in your country is just temporary and if your government will see the potential of bitcoin because of its progress and also because of the actions of the other country then they will make it legal and they will make an advertisement for sure that will tell people that bitcoin is a currency that has a good potential and also a good investment.
6205  Other / Off-topic / Re: Are bitcoins only for the educated and knowledgeable people only? on: November 08, 2017, 03:57:59 AM
of course not only  for the educated and knowledgeable people. Bitcoin is always there, depends on the individual wanted to know, like or even learn it. CMIIW Smiley
I agree with you that it is up to the people if they really want to know or learn bitcoin because that is possible if they will just put attention and focus in learning bitcoin because even though they are not educated enough then they can still learn it if they will just have a great determination because after learning it then they will need to deal for more to expand their basic knowledge.
6206  Alternate cryptocurrencies / Altcoin Discussion / Re: If Bitcoin dies does altcoin die? on: November 08, 2017, 03:36:00 AM
I think altcoins will create better technologies/systems with big improvements on blockchain that could see them rise and Bitcoin fall one day. HCash is one; worth looking into!

Yeah i think so and for me bitcoin will surely not die since this is the master of all cryptocurrency, this is where technology comes from. But if this thing happen I'm pretty sure altcoins will survive because of their unique value. Cryptocurrency is just started to blow and we should not think that this will end let's focus more on what future holds thru cryptoworld.

Yes, it is not really possible for bitcoin to die. I don't see any reason for it to die since there are still high demand and supply of bitcoin and its users keep on increasing everyday. But if it really happens, I guess altcoin will also die because it can never stand alone in crypto world without bitcoin. All of the coins are traded against bitcoin. 

All of the things have its own time to enjoy and if the time ends then it will end to so as bitcoin. Bitcoin has its limit and if the market of bitcoin seems not profitable anymore or if bitcoin has a lot of problem then it will not give any motives to the people who are using bitcoin or dealing with bitcoin to continue using it and it will lead for abandoning bitcoin and letting bitcoin to die.
6207  Bitcoin / Bitcoin Discussion / Re: would you live in a country that use bitcoin as official currency? on: November 08, 2017, 03:25:53 AM
Maybe, Bitcoin can be used for payment in some case. But I don't think that most people will use a coin that will increase in few weeks for payment. They will prefer to store it likes an asset.
I agree with you. That is what the people will do because they don't want to lose the opportunity and they want to preserve that coin that is like the gold that its price is keep on increasing year by year and they were going to stick with the paper money or the fiat currency because that fits to their needs for the daily basis rather than losing the opportunity of something by using it like bitcoin.
6208  Bitcoin / Bitcoin Discussion / Re: Where to keep Bitcoin at the safe place ? on: November 08, 2017, 03:15:38 AM
If you are really into the security of the bitcoin then i will suggest to you to buy a hardware wallet. That is the safest place that i know where you can put a lot of bitcoins and also other coins and keep it for long term. That is the best wallet as of now and most of the people who got a big amount of bitcoins and other cryptocurrency are now using hardware wallet because of its security.
6209  Bitcoin / Bitcoin Discussion / Re: why some country banned bitcoin? on: October 27, 2017, 10:45:23 AM
why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
the government does not see the development of bitcoin, I think bitcoin greatly helps the development of a country.

If the government will recognize bitcoin because of its benefits and the possible ways that will give them to help them to make more money then for me there will be no banning in bitcoin because the government are just afraid right now because of the decentralization that bitcoin has so they are banning bitcoin but if they will see the good or positive side of bitcoin then the banning will not happen.
6210  Bitcoin / Bitcoin Discussion / Re: Is there any disadvantages or advantages of receiving BTC as a payment? on: October 27, 2017, 10:31:47 AM
The disadvantage that i know for accepting bitcoin as a payment is you are risking your possible profit or money in volatility because the volatility can give you either profits or losses so it is a high risk if you are very concern in money. The advantage of getting bitcoin as a payment is, it is fast and cheap in terms of fees so you don't need to worry for going out just to make payment because you can finish the payment in your home.
6211  Bitcoin / Bitcoin Discussion / Re: What to do with the people who don't like Bitcoin? on: October 27, 2017, 10:17:10 AM
I have not really come across any body who don't like the idea of bitcoin only and except they don't have adequate knowledge about the working of bitcoin, and in this case you just have to take your time and explain to them what bitcoin is and how it works and if they sim not to have interest in it you just leave them and continue you business when they see you making it real time they will come running into it.
Most of the people who don't like bitcoin are not educated about bitcoin because they are not exposed to the technologies or the latest things in the internet and that is why we should not judge them and like you said, we should lend some of our time to them to teach them and to make them knowledgeable to realize that their negative beliefs in bitcoin is not true.
6212  Economy / Speculation / Re: Historical day bitcoin price 6000 $ on: October 27, 2017, 10:01:21 AM
Capitalization $ 100 billion

price ratio 6030 $

How do you think this year is coming?

Comment and be part of the story !!



Bitcoin price has significantly continue to rise which is such a good news for us. However, prices of altcoins continue to fall down.
I'm not expert at this matter but can someone explain to me why?
So there's not relationship between the price of bitcoin to the prices of altcoins?

The reason why the altcoins price are falling down is because of the adjustment of the holders or the investors in altcoins. They are selling their altcoins because they want to get their bitcoin because the price of bitcoin is going up so it is better for them to keep bitcoin instead of altcoin so they can get benefit for the pump price of bitcoin.
6213  Bitcoin / Bitcoin Discussion / Re: Will bitcoin end? on: October 27, 2017, 09:48:07 AM
Bitcoin right now keeps on increasing its value, and many more cryptocurrencies are occurring.
Do you think someday bitcoin will end or will be replace by other cryptocurrencies?

Is it too late to invest?
Is there a chance that bitcoin will be down?
I dont think bitcoin will end. Im an avid believer of bitcoin at the same time a bitcoin users. BTC is very useful to everyone that's why I dont think it will end. As long as there are investors who are willing to invest in bitcoin it will last. Aside from that bitcoin is the most fast growing coin in the digital currency. It continue to improve and evolve.
We need to accept that bitcoin will get to its end and if it is not now then the time will come where bitcoin will get to its end. Bitcoin is still developing so the life of bitcoin will still be longer but at the end of the day, we need to accept that the consistent thing in this world is changing so the cryptocurrency market might experience some changes and one of it is the replacement for bitcoin and the end of the very first cryptocurrency.
6214  Bitcoin / Bitcoin Discussion / Re: Offline Wallets Vs Online Wallets on: October 27, 2017, 09:37:13 AM
Which of the Bitcoin wallets between the Online and Offline works best?

Really depends on how much you use your wallet on a daily basis. I'd put my savings on an offline or paper wallet and if I'm going to make purchases, I'll be using my online wallets. I'd keep and offline wallet for just storage only and not transactions.
Great practice and keep it up because that is the best way to preserve your bitcoins. If you are into being safe and comfortable in keeping your bitcoin then it is best to just use an offline wallet or paper wallet because they are not prone into hacking since they are offline and you are keeping it physically and that will give you a lot of assurance for sure.
6215  Bitcoin / Bitcoin Discussion / Re: Are the banks going to kick-out bitcoin with their new digital coin on: October 27, 2017, 09:13:55 AM
It is up to them if they are going to make their own digital coin or if they will just stick with their fiat currency. If the banks will create their new digital coin then it is automatically supported by the government and if the government will become strict about their digital coin then they will force the people to dump their bitcoin and fully use their own digital coin. So it is always up to  the government in my opinion.
6216  Bitcoin / Bitcoin Discussion / Re: The reason why I hate BITCOIN on: October 27, 2017, 08:25:39 AM
There is no reason for me to hate Bitcoin. For me Bitcoin is very meaningful, because I believe Bitcoin will continue to increase and increase, its high prices, maybe that's the reason I like Bitcoin and will continue to promote it.
i agree. what the point we hate bitcoin? bitcoin always gain our money.
you can buy anything double with bitcoin value in the future. i cant hate bitcoin but i hate the transaction fee  Grin
Maybe they are hating bitcoin because of the volatility and because of the volatility it gives them difficulty to earn money and that is why it is not best to just do day trading in bitcoin because the volatility might give you losses and turn you into a hater for bitcoin. I don't hate bitcoin but like you, i just hate the transaction fee which is a bit annoying for me because it keeps on rising.
6217  Bitcoin / Bitcoin Discussion / Re: Why is bitcoin the most popular cryptocurrency? on: October 27, 2017, 08:05:15 AM
There may be many reasons for Bitcoin being popular, in the last years, bitcoin has been growing unlimited, rather than decreasing. In the beginning many countries of the world did not get this legitimacy. Now in many countries it is used for various purposes, including getting legitimacy.Besides, other coins are more popular than that
I agree with you that there is a lot of reasons why the bitcoin is getting popular because one of the reasons is the opportunity that bitcoin is giving to the people and because of that opportunity they can easily make money because bitcoin has  a lot of ways to help the people to make money like trading, investing and so on and so forth.
6218  Bitcoin / Bitcoin Discussion / Re: Are you OK with Bitcoin being called a token? on: October 27, 2017, 06:30:27 AM
I don't think that bitcoin deserved to be called as a token because in the first place, it is not a token because it is a currency that most of the people know it. Bitcoin is a currency because you can use it to pay things online and it is also an investment for being a good place to put your money and the tokens are just used in the altcoins but not in bitcoin.
6219  Bitcoin / Bitcoin Discussion / Re: can bitcoin wallet be hacked by hackers? on: October 27, 2017, 06:16:48 AM
Oh certainly very able, especially if we often log into the wallet using public wifi. Very risky if you do it, then be careful with your wallet. Make sure you have secured properly.
If you can't avoid using public wifi to get internet access and to log in your online accounts, you need to make sure that you will have another layer of security for your account and for the network. Enable 2fa because they are the best in securing your account since it will require you a code before completely logging in and don't forget to get VPN because they will add security via encryption to the data that you are putting in a website.
6220  Bitcoin / Bitcoin Discussion / Re: What is BTC for you? on: October 27, 2017, 05:56:35 AM
What is bitcoin for you? Is it a chance or a scheme to get rich? Or is it actually to keep your wealth to yourself.
What lead you into bitcoin world and what's keeping you here?

bitcoin for me is the source of my income and I will remain in bitcoin because there is still much I have to get to realize my dream and of course from bitcoin I can buy all my needs
That is the power or magic of bitcoin and that is why a lot of people are so crazy for bitcoin because they know that the bitcoin has a lot of potential that they can take advantage to earn money and also to get a lot of benefits for them and for the future. Bitcoin is the best source of income as of now and it is also the best investment as of now because the price of bitcoin is keep rising and it keeps giving benefit to the holders for giving consistent profit.
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