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641  Economy / Economics / Re: Can bitcoin improve the economy of a country? on: October 27, 2017, 01:07:59 PM
Yes bitcoin can improve economy if it regulated by particular country.Than bitcoin can be used for trading purpose and people can use bitcoin as they are using fiat currency. people will want to earn more bitcoin if they legalize in country and then Per capital income will rise.
642  Bitcoin / Bitcoin Discussion / Re: Why you should focus more on saving bitcoins than selling your bitcoins on: October 27, 2017, 04:07:48 AM
As we seen historical data we could see that how actually bitcoin has been grown like beast from 2009.
it started with 0.01 USD per bitcoin now it is about 6000 USD. Thats why people want to hold bitcoins and selling it on high price.
643  Bitcoin / Bitcoin Discussion / Re: just a simple question? on: October 26, 2017, 04:44:18 PM
I don't think so because china influence took not too long, and bitcoin stabled after 1 week of Chinese ban.
I really don't think that china has power to decrease the bitcoin value because there are so many countries those support bitcoins.
644  Economy / Economics / Re: Can Bitcoin End World Poverty? on: October 26, 2017, 02:56:10 PM
 poverty is very big issue for world, bitcoin can play role to decrease poverty rate in world if everyone has knowledge about bitcoins and access of internet than they can earn bitcoin for their financial use.
645  Economy / Economics / Re: Bitcoin to be international currency on: October 26, 2017, 11:37:38 AM
I think bitcoin has potential. As bitcoin has been grown we can say that bitcoin is getting popular day by day.
most of countries are about legalize bitcoin. When we say international currency i think bitcoin is international currency itself.it is border less currency we can transfer money where ever we want to.
646  Economy / Economics / Re: Are cryptocurrencies better than regular currency on: October 26, 2017, 01:43:07 AM
See everything has two phases pros and cons.
Crypto is better than regular if it gets centralize. Crypto is more secure than regular because it is virtual currency.
Somebody can't steal it physically,he/she has to steal it technically.
Why crypto is not batter
Because it is totally depend on internet,if internet stops than crypto automatic stop. Regular currency has easy access by all the society's even poverty,middle class and upper class but crypto for those who has Computer or smartphone knowledge.
647  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: October 25, 2017, 04:49:08 PM
Bitcoin is little insecure if we see it as government points of view because we can't predict what govt. Is going to do with bitcoin, for example China did, there was lots of people who got affected because they were holding bitcoin for future.
On similar way gold is still secure to hold because it is much more stable price and govt. can't ban the gold trading.
648  Alternate cryptocurrencies / Altcoin Discussion / Re: I am very new in ICO idk how to convert Token into BTC ? on: October 25, 2017, 06:04:46 AM
I have earned 150 VIB token from Viberate signature campaign in my myetherwallet.
But i don't know how to convert VIB token into ETH or BTC.
Please can anyone suggest me how do i convert it ?


You can trade them to BTC or ETH on Livecoin.net or HitBTC.com exchange!


Thank you, it helped finally i converted VIB into BTC by Livecoin.net
Step by step.
1. Firstly you have to send 0.01 ETH send to your myetherwallet.
2. Go to livecoin and go to balance search VIB token.  note -  use only VIB token deposit address otherwise transaction cannot process.
3. Make transaction by VIB and put gas limit 22.
4. After 29 confirmation VIB will credit to your Livecoin Account.
5. You can now trade VIB.
649  Economy / Economics / Re: each state will create its own token? on: October 25, 2017, 02:28:31 AM
If each state has own crypto than what is the difference between fiat and crypto, only difference is digital currency.
As we all know every token has different value for eg. VIB, DAO, EARTh, when people want to use other's state token than they will have to exchange own token into state token. But everything will be done in digitally no paper money anymore.
650  Economy / Economics / Re: Bitcoin in Economics class? on: October 25, 2017, 02:24:16 AM
Yes it should be in class but idk why our teacher has not tell even one thing about bitcoins.
I think he think that bitcoin is just a gambling. But bitcoin is really helpful to gaining some educational knowledge.
651  Economy / Speculation / Re: BTC drop after fork 25th on: October 24, 2017, 11:54:51 AM
Actually There was Fork 1 August and after that bitcoin drastically increased its value.
there maybe possibility that Bitcoin will gonna rise after Hard fork BTG 25th October.
652  Economy / Economics / Re: crypto is the future, make money of it on: October 24, 2017, 11:29:37 AM
Yes crypto is future, In future It will be most secure currency in the world. I think World govts. can also release their crypto currency like fiat as centralize crypto currency for eg There was new on 15 October Russia may soon issue its own official blockchain-based currency, the CryptoRuble crypto has bright future.
653  Bitcoin / Bitcoin Discussion / Re: Will bitcoin replace gold? on: October 23, 2017, 03:19:02 PM
According to me bitcoin can't replace gold, because gold is a physical asset and people wear gold as a fashion.
Do we think that bitcoin can be wear ? lol apart from joke if we are compare with price than obvious bitcoin because it 5 times than gold. and people can make more profit from bitcoin if they invest. so for trading purpose bitcoin can replace gold
654  Economy / Speculation / Re: Is it too late to buy bitcoin? on: October 22, 2017, 02:27:22 PM
Bitcoin is much expensive now days, there are  people who want to buy bitcoin and bear such risk that involved now days. But as bitcoin is rising, it seems like bitcoin can rise in future too.
I think buying bitcoin will be good option to make future profits.
655  Alternate cryptocurrencies / Altcoin Discussion / I am very new in ICO idk how to convert Token into BTC ? on: October 22, 2017, 02:16:39 PM
I have earned 150 VIB token from Viberate signature campaign in my myetherwallet.
But i don't know how to convert VIB token into ETH or BTC.
Please can anyone suggest me how do i convert it ?
656  Economy / Economics / Re: Why Big Banks are so Nervous About Bitcoin ? Why ? on: October 22, 2017, 11:31:31 AM
Yes banks are nervous about bitcoin, as bitcoin price increases banks nervousness is also increases
recently news PNC Bank Threatens to Close Customer's Account for Buying Bitcoin
Central bank of India wants to regulate bitcoin in india
Bitcoin Businesses Face Bank Account Closures in Singapore
This shows that banks are afraid from bitcoins.
657  Bitcoin / Bitcoin Discussion / Re: How do you store your bitcoins? on: October 22, 2017, 08:51:15 AM
I am storing my bitcoins in online wallet and I have been using it since 2016, its quite simple and secure i think.
I have not seen any fraudulent activity yet. hardware wallet can be more secured but expensive also.
658  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin money? on: October 22, 2017, 07:03:36 AM
Bitcoin can be used as money as well as Asset.
Like there are few countries where eCommerce websites accept bitcoin as a payment , so there bitcoin is treated as money.
but in some countries if you want to use bitcoin than first you have convert bitcoin into fiat currency,
659  Economy / Gambling discussion / Re: Does experience matter in gambling? on: October 22, 2017, 06:27:58 AM
In gambling Experience matter and  there is also luck involved. Behind the online gambling(Bitcoin games, lottery rolling games) always computers are working. So if you experienced in particular thing than you have strategical knowledge about gambling game.
So we can say that without experience you can't make good strategy.
660  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin really secure? on: October 22, 2017, 02:48:21 AM
Yes bitcoin is really safest, because you have to the power to operate bitcoin. You can store it on your own bank.
Blockchain technology is very secure 🔐,
Only btc insecure if you are not aware about security features of bitcoin.
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