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6461  Bitcoin / Bitcoin Discussion / Re: when you try to explain people about cryptocurrency do they understand? on: November 21, 2017, 10:40:29 PM
Most of them don't understand because they don't believe. It took me several times of explanation but still they reaction is the same. A reaction that they obviously don't understand cryptocurrency.
Yes same with me too.I had already share about cryptocurrencies to my friends and it seems they were clueless about cryptos.So i started explaining to them little by little tracing its history up to the present until it makes clear to them.And i also share about my personal experience with cryptos.Some have really believed on me but it took me a hard time to let them understand.
6462  Bitcoin / Bitcoin Discussion / Re: Will crypto replace fiat money? on: November 21, 2017, 10:32:31 PM
Well i guess its YES  Cheesy but  it will takes many many years before its all implemented in all over the country.
Maybe.But as of now i think it's far from being possible.Yes cryptos at the moment are really famous but it's not yet implemented by the government.And since it has its own decentralized system,i think the government would find it hard to trace all its users.Maybe after long,long years the government will acknowledge cryptos if they are still existing by that time.
6463  Other / Beginners & Help / Re: What have you bought with Bitcoin? on: November 20, 2017, 10:47:29 PM
I use my bitcoin to buy some online stuff like gadgets, clothes, and food. I also do tradings and I invested by some of my bitcoin in online business. You can do a lot of things with bitcoin particularly when using it online. Besides its very easy to use. But you also need to be careful when visiting websites, because you might be a victim of hacking.
I have already bought a lot of things using bitcoin converted into our own fiat currency.I bought clothes and other stuffs,and even groceries for our daily consumption.I even use it for my daily allowance and to sustain our daily expenses in the family.By now,i'm starting to earn again because i have a big plan for it when it has reached a large amount already.
6464  Bitcoin / Bitcoin Discussion / Re: Cryptocurrencies Will Replace Fiat in 5 Years on: November 20, 2017, 10:27:37 PM
I think this will not happen. First there are to many billionaires that will disagree with this idea. Billionaires are to influencial that they will ask our government to avoid these from happening. Also not all people are open to this idea not every country has an internet connection and not everyone has a device that can access crypto.
 
I agree.We may say that cryptocurrencies are popular to almost all of the countries but replacing fiat with it would may be impossible i think.Cryptocurrencies are not yet totally adapted by the government unlike fiat currencies who had already strong foundation and a strong bond between the people and the government.And people would still prefer to use paper money than cryptocurrency because they are used to before they were born.
6465  Economy / Economics / Re: Crypto is an Asset or Currency? on: November 19, 2017, 11:38:42 PM
yes bitcoin function is now no longer a means of payment transactions but is a valuable asset that has fantastic value, the rapid progress of bitcoin has been able to instill trust from all parties as well as elements of society to contribute in bitcoin resulting in high demand in bitcoin that impact on rising prices
I agree.Bitcoin is not just a digital currency but it is more on an asset that any person would really run into.Especially now that its increasing more of its value,people consider it as a biggest investment that will totally give us security in the future and ensure even the bright future of our family.
6466  Economy / Reputation / Re: HOW TO GAIN POSITIVE TRUST RATING? on: November 19, 2017, 11:30:05 PM
I dont know if this is the right place to ask this but i am really curious about those accounts that has green ratings.how to earn trust?on what basis the account could have it?i saw an account that has 230 trust rating such a great trust for a single account.


Hope i could get good feeds from you guys.

thanks you in advance!!!!


Well you will see those accounts that has green or positive ratings because they did something that they deserve it, I'm not sure how they get a lots of positive rating probably they sold something or they manage something for them to get a lots of positive rating. Also, I think you should be also a trust worthy person and helped big time with other people and donated something. There are ways to get positive ratings but you need to something so that you're going to deserve it. Good luck  Wink
Right.IMO having a positive trust rating means being true to yourself always as to make high quality posts so you can contribute to the welfare of the campaign you are participating.I also think making some donations too would mean a very mankind act so it will create a positive trust on you.
6467  Local / Altcoins (Pilipinas) / Re: malalagpasan ba ng bitcoin cash ang bitcoin?? on: November 17, 2017, 11:09:37 PM
Since ang BITCOIN ay ang first ever na cryptocurrency, malabong malampasan ni Bitcoincash si bitoin, mas marami at dumadami din kasi yung mga holders ng bitcoin at anglaki na ng presyo. cguro pagkatapos ng taon na to, aabot na cguro sa $10k  and price. At saka may mga fork din. if may fork, mas marami ang mag i-invest sa bitcoin.
Tama.Baguhan lamang ang bitcoin cash kaya siguradong hindi nito kayang lampasan ang katatagan ng bitcoin ngayon lalong-lalo na at subok na ang bitcoin sa mga users at mga investors nito sa buong mundo.Siguradong mas maraming tao pa ang mahuhumaling ngayon sa bitcoin dahil ang presyo ay pataas ng pataas na sa tingin ko ay aabot talaga ng $10k bago matapos ang taong ito.
6468  Economy / Economics / Re: Gold Is Yesterday, Here Comes Bitcoin As A Reserve Currency on: November 17, 2017, 11:02:02 PM
gold is really outdated it has been decreasing since the previous years its better to hold more of bitcoin than gold both are liquid assets and both are investments but if you compare the best one bitcoin is surely going to win easily
Yes i agree.Bitcoin is much more profitable today compared to gold since its value is clearly increasing rapidly.Gold may be considered a good investment too but its value is still very low for the past previous years,not unlike bitcoin that even just a single of it can already push you to build a simple home.
6469  Bitcoin / Bitcoin Discussion / Re: Is it more profitable to Hold BTC or buying a lower price and selling at higher? on: November 17, 2017, 10:49:28 PM
For me holding for a long period is more profitable but if the person don't have much capital trading is good enough. Holding needs large amount of capital because your money will be idle for a long period but it can assure a good return aftersome quite time. With trading you can earn good but you should be wise and make a lot of research in choosing your target market
Yes you're right.I prefer to hold BTC now rather than buy and sell it.IMO it really depends on how much you know in trading and how skillful you are.If you buy bitcoin with $3k below then sell it at the current price,then its a very big profit already.But since i'm not a good trader,i'll just keep and hold my bitcoin even just a year or two and then wait for my profit in the end.I'm sure it would still bring a huge profit too without doing any risky movements.
6470  Bitcoin / Bitcoin Discussion / Re: Do you want China be back into Bitcoin? on: November 17, 2017, 10:38:37 PM
Yes it would be good for bitcoin market if China will be back into bitcoin also if that happens the chance that bitcoin can become the world's main digital currency will sure can happen soon. Bitcoin needs a huge market to sustain its position in the economy and its popularity all over the world but if many countries will ban bitcoin it can possibly die
I agree.China i think should be back into Bitcoin since this country has a wide population and a very progressive economy.If all those people out there are going to use bitcoin apart from their own currency,for sure bitcoin value will continue to be stable and become much higher than today.Let's all support this union again.
6471  Bitcoin / Bitcoin Discussion / Re: Would you still buy Bitcoin? on: November 17, 2017, 01:42:54 PM
Ofcourse, it is never too late to buy Bitcoin because investing in Bitcoin is always profitable but i will wait for the price to drop a little because it has now reached near about $8k which is very high price. I bought some last week when the price was fallen to 5500$ and within a week i am having a profit of 2500$.
Yes you're right.But even if you buy bitcoin with this current price,i'm sure you will still get profit anyway especially now that the price is  aiming to reach $10k in the next days.If i do have enough funds,i will buy bitcoin today and won't wait for another chance because there would be no definite time when will btc price falls,so i'll grab the moment now.
6472  Economy / Economics / Re: why bitcoin is so much special than others currency ? on: November 16, 2017, 11:52:31 PM
This is so really hard to say special cause its difficult to explain specialty in short word
Some of them  are given below:

It’s a type of currency which know as peer to peer currency and this permit to send and receive money without help of broker or third party involvement  
Every bitcoin holder can review their account information after sending money or receiving money from their account.
After all kind of transection bitcoin recorded sufficient proof of every client and account holder through different facilities.
Buying and selling process is so much easier than other currency
I think above mention quotation is sufficient for proving that how much special the bitcoin is.

The speciality in bitcoin comes when we see it as a first ever cryptocurrency . Also no other currency whether crypto or fiat has increased in price value and popularity compared to bitcoin.
Bitcoin is so special because this is the most use and the top cryptocurrency other than altcoins. Yes compared to other crypto bitcoin is the best its value that no one other can beat. It has many purposes a store of value, can be use as means of payment online and other features. So bitcoin indeed is special no other can be compared to it.
Right.Bitcoin is very special not just because of its popularity today but also by being so beneficial to the people because it really gives us a big source of income and even a life changer in the process.Bitcoin has its never ending potentials that other coins who tried to beat bitcoin don't have at all.
6473  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is more valuable than others coins? on: November 16, 2017, 11:32:04 PM
we see a lot of coins born everyday trying to make faster transactions and less block time why can't other coins for example litecoin overtake bitcoin price? what makes it so special? any bitcoin experts?
That is fact that a lot of currencies are there but still the number one is bitcoin and the reason being this is that bitcoin is the most trusted currency and the number of bitcoin users are more than any other crypto currency.
You're right.Bitcoin is still the number one leading digital currency throughout the world not just because of its popularity,but also of its fast and accurate transcations .New coins may arrive but none of them have really break bitcoin in its record history.
6474  Economy / Speculation / Re: Bitcoin reaches 8000 USD on: November 16, 2017, 11:21:47 PM
It's my guess that bitcoin will touch at the highest price of $ 8000, and I'll predict the bitcoin price by the end of the year, it's likely to touch at $ 10,000 / 11,000, because nothing is impossible. for bitcoin to keep going up, until Bitcoin actually finds its highest point ... Smiley Wink
It's also my expectation.Bitcoin will actually reach $8k and now it's very near to possibility.And hopefully it will totally hit $10k before new year.No doubt for bitcoin because even it had experienced downfall few days ago,people continue to trust it that's why today it's soaring high again.
6475  Bitcoin / Bitcoin Discussion / Re: Too late to invest in cryptos if you're old? on: November 16, 2017, 02:49:34 PM
What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age?
Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?


No its NOT too late for them to invest as long they read and understand what is bitcoin, because as the older age is hard to teach them when it comes cryptocurrency investment. Risky is always their in our lives passing through risky it becomes a success.
At this older age they need a guide from us young age!
Right.Even if an individual is considered old already,as long as he has interest in investing in bitcoin,then he is still capable of it considering he knows already the nature and history of bitcoin and even its hidden potentials.And of course we are here young ones to help those oldies succeed in their bitcoin investment.Getting old is never a hindrance to get profit out of small investments which later on becomes literally bigger ones.
6476  Economy / Economics / Re: Will there ever be a Bitcoin Bank on: November 15, 2017, 11:33:07 PM
I don't think BTC banking is a good idea coz main reason behind BTC popularity is some of its amazing features like decentralization & Anonymity in transaction. If BTC bank formed, it will get the power to manipulate its demand and supply, hence its price, transaction fees etc.
Whole concept of BTC formation is to get freedom from any third party interference while making a transaction whereas Bank formation will be contradictory and against BTC users interest.

I agree with you that BTC bank formation will be against users interest. I don't support BTC Bank idea and if ever such thing happens I will never keep my coins in it. Even there is no need for such a bank, unlike cash, BTC is stored in a wallet just like Bank accounts so no fear of loss or damage.
I personally disagree of having a BTC bank because we already have our own wallets wherein we can keep safe our earned bitcoins.And since bitcoin is decentralized,no proper identity is recognized.So we have to control our own bitcoins and keep them safe in our own wallets too.
6477  Bitcoin / Bitcoin Discussion / Re: My advice to Bitcoin newbies: relax on: November 15, 2017, 11:26:33 PM
This is not an ordinary "price" swing.  The end is near for legacy Bitcoin.

Currently Bitcoin is sitting at $6600 which is only 13% lower than the ATH. Meanwhile, BCH has crashed 3 times lower from its short-lived, artificial ATH, because it wasn't actual users who switched from BTC to BCH, but merely individual manipulators with big pockets who decided to attack Bitcoin regardless of decision of their comrades to cancel another attack called SegWit2x. People were declaring Bitcoin dead hundreds of times already, yet with every year its value keeps increasing and userbase growing.
Yes relax. Maybe you have eagerness to earn here but you need to wait for the right time to earn. And by that you need to posts for you to rank up so that you can join in signature campaign.
i going to go against everybody here and say sell everything you got now while the going is good.There some balance opinions on the forum


Currently, the best and most effective way to earn money is to keep Bitcoins in your wallet. This is an extremely easy and effective process. You just have to remember to protect your wallet.
Right.I agree.Bitcoin is slowly gaining its price again so we should still keep bitcoins in our wallet.Just learn to be patient and hold it even a year or two,then you will really have a huge profit by the time you want it to cash out.Even if market price fluctuates every now and then,we all need to be relax because in the end bitcoin price will still rise again much higher than before.
6478  Bitcoin / Bitcoin Discussion / Re: Why is there such demand for Bitcoin? on: November 15, 2017, 11:08:50 PM
People are interesting in bitcoin because they want to big profit in short time which is possible by investing in bitcoin. It can make a person rich if he can invest and hold them it can be like gold. $1 bitcoin now turn into $7000 & more. So why not people should interest in bitcoin?

Yes, I completely agree with you. But it's not that easy to risk for everyone as there is no guarantee that the price rise will continue.
You have your point.Although bitcoin had experienced drop-off this past few days,but still it will rise back again.So the moment you invest in bitcoin,make sure to be patient all the time because not at all times bitcoin is in high price.But i do have high hopes in bitcoin that i can be rich someday with bitcoin.
6479  Bitcoin / Bitcoin Discussion / Re: Can the government or banks create their own crypto? on: November 13, 2017, 10:59:11 PM
With the likes of government , NSA ,banks etc..Could they coordinate into creating their own crypto to defeat Bitcoin?
Creating something like 'Legal Bitcoin' , invest and pump, make it succesfull? Make markets aware
Maybe even create their own cryptography where they could still be able to decypher code if they needed to?


They can create their own crypto for sure. This is not somethin new. Let me state it like this, I don't think they will take bitcoin and integrate it into their own systems. Instead of doing this, they will try to implement their own crypto so that they will feel 100% safe.
I agree.They can really create their own crypto if they wish too.But not totally popular than bitcoin nowadays.They can create own crypto but if almost all of the people are not interested to invest,i'm sure it will not lasts longer,unlike what bitcoin did.
6480  Bitcoin / Bitcoin Discussion / Re: At what price are you going to start buying bitcoin again? on: November 13, 2017, 10:51:17 PM
I had a limit order in at $5520 but I've just taken it off because the price is falling so quickly.   I want to increase my stash of BTC but want to be able to buy as much as possible.

If it goes through $5000 I think it could well go to 4300

I would start buying it at $4,000, but it's not likely to happen soon. Thus it's like my dream. The price is very stable above $5,000 and even the correction waves, that wall and support line were not destroyed yet.

I think the pattern won't change a lot in 2018 as well.
I think by the price it reaches $2500 to $3000 i would start buying.It may be far from the current price right now but still we never know what will be its movement.But i also think that bitcoin price will still be in the middle of $5000 to $6000.And by next year IMO bitcoin price will skyrocket again if not by next month.
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