Bitcoin Forum
June 06, 2024, 08:57:18 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 [330] 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 »
6581  Economy / Economics / Re: You should never trust banks on: May 17, 2017, 04:52:21 AM
Banks are great when you need some extra money to buy a house or a house, but the only thing is that you will end pay over 30-80% the money you pick. Their service is something you wont find anywhere else, the % they charge is due to those people who ask for the money and dont repay, soo banks need to cover the loss, since the money belongs to the costumers.
It is not great. The bank just give you a loan if you can offer a reliable collateral for the bank itself. With high interest and it makes those loaners gets stressed to pay his interest to the bank.

Don't be fooled by the bank. Bank is not good place.
6582  Economy / Economics / Re: Worst bitcoin decision you've ever made? on: May 17, 2017, 04:50:37 AM
The worst decision is not to invest in bitcoin when I first came to know about it. It was 250 dollars something when it got introduced to me by my friends. And because it was virtual currency as well as over the internet stuff then I did not trust it at the first place and just overlooked. But when I started learning about it and its trends in the market or how much helpful it could be for us in real life then I started investing in it. But at that time price was like around 1000 dollars so that makes me feel bad. Very disappointing feeling when I back calculated my bitcoin evaluation. If I would have invested already I would have gotten atlas 2000+ dollars for my 250.

My worst decision is when i invested my money coming from my small business, and used it to a gambling site, and turn it all to ashes Sad its my worst decision from my past that even now i still remember what i did and what i throw. Since then i try my best to save money and im also avoiding to involve in any gambling sites and not to repeat the same mistake i made from before.
If you're just a usual person that try to get his luck on the gambling and I can say stay away from there. gambling is not good for you. I have sam experience with your about it. I lost a lot in gambling and I get depressed caused by it. And I should never play gambling
6583  Economy / Economics / Re: What is the best short-term investment you have ever made? on: May 15, 2017, 03:57:54 AM
Altcoin is the best short term investment in my opinion. I've joined on golem ico and in this time the price touch 9x from the ico price. And that can be a real proof if altcoin just being a good for short term invement and no more in my opinion.
6584  Economy / Economics / Re: Is it better to save money or invest it? on: May 15, 2017, 03:54:42 AM
For me investing is good than to save. Because investing is to gain or earned more money than savings just like bitcoin if we invest money in the bitcoin our money came up double or triple than savings.
investing in bitcoin is good but no one is sure that your money will get doubles or tripple , sometime it get inverse and you get low than what you expect.
For now investing in bitcoin will not bring you double or triple result for your investment, the possible thing if you try to invest on altcoin. and you can try to double or triple your investment. because the price altcoin is really cheap.
If there will be a huge pump as soon as possible.
6585  Economy / Economics / Re: Future of Bitcoin Economics on: May 14, 2017, 04:10:24 AM
yes all depends on bitcoin users. bitcoin used more and more in this life then the better the future of bitcoin in the world. bitcoin depends on the strength of people in this world.
I gotta say now there are so many peopla using bitcoins from different countries. Different people, different users, diifferent strategies and ideas how they used and manage their own bitcoins. I can see that someday in the future bitcoin will be really succesful because of it's users.
It is true that a lot of countries especially big ones happens to be recognizing and legalizing Bitcoin but can it cope up with the demands like what we are facing now which there are a lot of unconfirmed transactions happening. If this issue is solved and upgrade the services it offers then it is in no doibt that Bitcoin's future is bright ahead.

Without the transactions confirmation delay issue solved it's worthless to have many people using BTCs. The experience when using it won't be positive and Bitcoin can have negative feedbacks from many users, it's not good for the future of Bitcoin. Better to stay with the currently amount of users for now and when this problem be solved, the mass adoption can start without worries.
I think so, The block can't contain more transaction. The network will have overload if the mass adoption will be starting from now. And it's not good in my mind.

In this time a lot of unconfirmed get stuck due to the low transaction fees. With another adoption will come and bitcoin chain will be broken.
6586  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: May 14, 2017, 04:05:56 AM
I think even if the price of the bitcoin stable then will be remain popular, this is because of the cheap cost of speed and time of the transaction. Thus with stable prices made investors more confidence for investment to bitcoin.

I don't think so that people will remain to bitcoin if the price is stable. Because there's a lot of choices already in fiat so I really don't think that there will be a big impact if the price of bitcoin is stable.
I think if bitcoin had stable price, the more merchants will accept bitcoin because some merchants are pretend the high fluctuation price of bitcoin as big risk. But I think the price of bitcoin will not be stable because its limited amount and the increasing number of the users is makes the demand always increase. So bitcoin will still popular.

Well they understand the risk of the fluctuations of bitcoin's price but for those smart merchants, it's a risk that is very worth it to take. And in fact, that's the reason why there are a lot of new investors that are coming in to bitcoin and putting their money into it. Because they are hoping that when they invested their money at lower price and suddenly the price increases, that's an instant profit for them.
Just depend on the purpose I suppose. The fluctuation of bitcoin price gives a different way rather than another stock or shares.

Bitcoin gives a privacy and his fluctuation is easy to predict. It's not as another investment which has a little potential to grow. With the tech support from the blockchain and it will worth a lot.
6587  Economy / Economics / Re: Bitcoin Wallet on: May 13, 2017, 06:00:08 AM
Which is the most used? Any ideas? Desktop and Mobile.

Coinbase as online mobile wallet and then multibit us sitting right on my desktop. I once used xapo but not anymore.
I have used multibit since long time ago, And I never get a problem with it, the feature to put a custom transaction fees is really helped for every one in this time to make fast transaction. Xapo is really bad and I get a lot of problem with them.
6588  Economy / Economics / Re: Bitcoin or gold? on: May 12, 2017, 05:52:26 AM
for current situation we should select gold for next 10 year, because we dont know when government will BAN cryptocurrencies or Bitcoin and gold is not going to ban for use so i would prefer gold for now will think after 10 year about bitcoin  Grin
Gold is a good long-term investment, For decades investment I will choose gold as my investment, but this time all of the activities already used technology which has very useful for our life. Bitcoin offering a lot of advantages rather than gold. Basically bitcoin and gold is different.
6589  Economy / Economics / Re: Can Bitcoin also lead to corruption ? on: May 12, 2017, 03:26:58 AM
In a real life,  we are experienced in the corruption. It's happening everywhere.
So in a virtual world, it would be easier to run such type of activity. Some greedy people who are always and all the ways to make their money through corruption.
So bitcoin is not out of this.
I think despite the absence of bitcoin though, corruption will still happen because it is the greedy nature of some people. So do not blame the bitcoin. Blame those who are too greedy

Basically all of the kind of currency is ever used for the illegal activities. The dumb person just try to blame the bitcoin without trying to get about the fact.

The greedy person will always be finding a way to do illegal activity. In this case it's not bitcoin's fault.
6590  Economy / Economics / Re: panic selling on: May 11, 2017, 02:58:04 PM
People that are buying right now are probably panic buying in my opinion. I don't see a problem with selling right now with the prices so high.
What do you mean about panic buying? My thought if they are trying to follow the bullish trend of bitcoin and don't want to missing it. This is the best moment of bitcoin to get a lot of the demand to make the price of bitcoin is increase. It's FOMO and not panic buying.
6591  Economy / Economics / Re: How to double your money using BTC? on: May 11, 2017, 03:49:42 AM
Here is a tutorial for dummies about doubling our money and not Bitcoins with scam scripts, remember no one has your best interest in heart to help you double your coins, however there is this thing we call it Bitcoin and indeed you can effectively double your fiat money with it.

But how?

-Simple, whatever you have buy Bitcoin(s) and deposit them in never before used addresses and forget about them for literally 6 long months/half a year.

-Tip: don't pay any attention to news and don't participate in crypto related forums and social medias, it will drive you crazy.

-Result: after 6 months and after your phone alarm went off since you set it to ring in calendar for exactly 180 days, open your browser and go to one of the reputable exchanges and look at the market price, if your fiat money wasn't doubled if you were to sell your Bitcoins then find me and kick my ass lol for bad advice.


Please refer to the Bitcoin price and charts to see if the price did or did not doubled every 6 months.

I can't find anything remotely similar to this can you? and if so please share with us.

Was this one proven to you? how many times did you this?
Did you just store it into your bitcoin wallet address then hold wait 6 months, something like that. Wink
I have experience with that and I prove that I have doubled my money for a couple of time by buying bitcoin with that money. It is true that after about 6 months the price of bitcoin double up and it is expected that in the coming months the same will happen and the price will double up.

As long as the bitcoin still on the right way, There will be more possibilities for bitcoin to reach another  ATH in the future. Japan adoption, Some bankers try to invest in bitcoin, More companies try to made bitcoin as a payment gateway.

More news will bring a real hype for bitcoin.
6592  Economy / Economics / Re: panic selling on: May 11, 2017, 03:16:35 AM
What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
For what happenning right now i think panic selling has only a little chance to happen this year.
As we can see these previous days bitcoin dominates and thier is no panic selling even though the price is high.
Panic selling depends on the market condition, I mean if the market gets a good news and it will give a negative impact on the market trend.

Panic selling can't be determined as a season. It can happen anytime.

The good news from japan has pushed the price of bitcoin to the stable and bullish condition.
6593  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Buying for a long term. on: May 10, 2017, 03:31:55 PM
I want to buy few Altcoins which have some strong good concept and which are beneficial for the crypto world somehow.
Of course my intention is to make good profit but I do not want to invest for that sole purpose.
I would be interested in something in which I get profit by holding and not by selling when it reach a particular price.
I am considering following Altcoins but do not know what benefits they give to their holders.
1.Golem
2.Wings
3.Ark

There is no benefit for the holders. You will get a good development update to make your coin will get increase on the price and you can sell them for profit. Honestly too many project can't deliver a real product for the holders.
I can say some of them just offering crap for the holders. But all of them have a good idea and solid development.
6594  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Matchpool GUPPY [GUP] Price Speculation on: May 10, 2017, 02:34:24 PM
Matchpool team distributed bounty rewards today. We follow price changes closely.

1 GUP = $0.149556

1 GUP = 0.00008623 BTC

This is the best time for us to grab cheap guppy token from the bounty hunters. They will dump a lot of guppy token as soon as possible. This token has a chance to gets doubled in the future.
They have interested idea. I may take some guppy token to my wallet and waiting for another pump for the guppy token.
6595  Economy / Speculation / Re: Bitcoin break the history. on: May 10, 2017, 01:18:23 AM
This is still a less price for bitcoin. As i told in past and will continue to tell the current price of bitcoin is the start of a new era or in other words from now we may mostly not see the price go below 1000$ unless there is serious attack towards it. I feel that 2000$ by end of this year is now a sure thing.
Towards the massive adoption of crypto by the people around the world and it will become a real thing in the future. $2000 is really possible for bitcoin due to the limited supply of bitcoin.

If more people try to gain a bitcoin for himself and it makes the bitcoin become a rare thing.

More good news will pumping the price of bitcoin to the moon.
6596  Economy / Economics / Re: The best time to invest. on: May 09, 2017, 02:21:12 PM
The best time to invest is when there's a huge amount of panic.  The more that everyone thinks there's no chance of Bitcoin ever recovering and that alts will take its place, the better a choice it is to buy then.

well, you had a good point in that things, actually, when everything was getting drop the price value it is the right time to take the chance to buy those coins from high price value all of a sudden crashed the price its a good opportunity for us to get it through buying.

Yes, this is the right time to buy, but you still need to learn to really distinguish a panic from complete collapse.

This is not the right time, Did you think if this can be a good opportunity to invest on bitcoin at the bullish time? My thought if just waiting for another red candle will be a right decision to invest on bitcoin.
This time the bitcoin market is really abstract. No one can predicted where it goes.
6597  Economy / Economics / Re: Is Paypal a scam? on: May 09, 2017, 12:59:19 AM
I am using Paypal more than 3 years and never got problems, I'm sure Paypall not scam because it already has business units in many cities and countries, even we could withdraw our funds via bank account.
paypal turning out to be scam is utterly impossible, people already know who's the real owner of paypal and its employees, if paypal just start to scam people, it'll be sure only a suicide action for them. Paypal is definitely not scam just their service is kinda succ, it's the worse of the worst
6598  Bitcoin / Bitcoin Discussion / Re: Why Cash is better than Bitcoin. on: May 08, 2017, 11:40:31 PM
What are the reasons, why people use Cash or Credit Cards / ATM / Banks?

* Work offline 100%
* No fees.
* Accepted for Food Shopping & Micropayments
* 0 confermations time
* 0 exchange risks
* anyone is able to understanding of the value of payment
This is a click bait. All things of you said related to the Person to Person transaction. And not for online transaction. Just realized your mistakes if in these days more people need  technology to make an eficientcy and effectivity.  Tongue
6599  Economy / Economics / Re: Bitcoin or gold? on: May 08, 2017, 02:40:05 AM
Bitcoin is still quite risky compared to gold. Better to put not stake everything in gold.

Do you mean about the volatility? May you wrong about that? At the same time, the volatility can turn to the advantages for bitcoin and disadvantages.

But what do you mean about to don't put our effort on gold?

Gold gives a stable chart, and it's good to be a long-term investment. Looks strange for me cause you said better to not put anything on gold at the same time you have known if bitcoin quite risky.
6600  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: May 08, 2017, 02:30:05 AM
bitcoin has already been a global currency since it was first created. Satoshi waant people to use this coin as a primary school on the global and this coin is a symbol of the crypto currency revolution
Perhaps still not as much globally as you think. Because the fact is that only a certain number of people use crypto currency and there is no talk of mass use of speech.
although the number of bitcoin users are few but i think they are present everywhere, i do not think that there will be a single country where the users of bitcoin will not available. and in this sense we can say that bitcoin is is universal currency and we are hopeful that the users of bitcoin will be increasing more and more.

Bitcoin is already a global currency in online space, but if it's applied to real currency obviously can not yet because it will damage the dominance of fiat in many countries. I think bitcoin will be a kind of stake in market trading, and not bound as a real currency. They are just as liquid as gold and other asset products.
actually most of the people still do not know any thing about bitcoin, therefore it will take some more time when the local shopkeeper will also start accepting bitcoin for shopping and for so many other purposes.
You are right, Actually there is a lot of peoples doesn't know bitcoin. So i don't think bitcoin can become a global currency in the near future. It should share and introduce to peoples what is bitcoin and cryptocurrencies in generals.
but you can see that bitcoin users increasing and people take interest using of bitcoin because bitcoin is available in anywhere for shopping and i hope bitcoin will be sooner become a global currency in the future because adoption is on high value increasing .

Where are you seeing bitcoin is available anywhere for shopping? Honestly average people are not using it as a payment method for shop anything.

As a payment gateway just available in Japan.

This time bitcoin already become a global currency. This community has built from the people around the world.


Bitcoin nodes have spread around the world too. And it's an evidence for you.
Pages: « 1 ... 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 [330] 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!