Bitcoin Forum
June 27, 2024, 01:13:16 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 [34] 35 36 37 38 39 40 41 42 43 44 45 »
661  Economy / Economics / Re: Can human stupidity affect the movement of the market? on: June 19, 2018, 01:44:29 PM
Hello, community. Political, economic and social news in the media significantly affect the life and behavior of the crowd. How can crypto news affect the movement of the market?

I actually agree with that, i think that Bitcoin is mostly affected in terms of the act we are doing just like panic selling, if the bid stays low it will be hard for us to obtain  a higher amount of profit, we should never commit the same mistakes agad. I guess it will be a good thing if we stop believing false accusations since it barely affect how do the investors move to help the market.
662  Bitcoin / Bitcoin Discussion / Re: Things you should know before investing in bitcoin on: June 12, 2018, 12:15:57 PM
There are no complex things to know before investing in bitcoin.First you should kmow that we have to buy bitcioin when the price of bitcoin decreases and should sell them at a good profit.These things are enough before investing in bitcoin.

Well if you are not really aware what Bitcoin,  well then be inform by having some research regarding what Bitcoin really is and I thibk ready pinned thread here is essntial for a beginner to know how does this forum works and you will be informed how does undesirable happenings will eventually be a good thing for you. Of course you must have to knowhow does investments go.
663  Economy / Economics / Re: Reason we pay taxes and why we should on: June 11, 2018, 01:17:09 PM
What happens if you are in a third world country and there is massive corruption? You pay taxes and there are no roads, schools, or any essential public utilities. What you do see is the politicians and their cronies getting richer. Would you still argue that everybody should continue paying taxes?

Of course not, but we have to cut the root cause of the problem and that's corruption, if we can obtain a better and trustworthy politicians who aims to help the community and money is less prioritized I think we can soon have a better country. We usually dont see the essence of paying taxes since we only focus in the thing that it deducts our salaries, but in reality it was the reason to a better public infrastructures and services.
664  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin become centralized sometime in the future? on: June 11, 2018, 11:07:47 AM
i think it already is centralized with the possibility of a decentralized out if that centralization becomes too obvious. bitcoin could use a genuine scare to reinforce what it should all be about.


For me its possible given the fact, day by day countries who accept Bitcoin as their way yo improve transactions were getting bigger and we can say that to maintain peace and orderliness in terms of community and blockchain technology will remain as it has to be, and I see that governments will require for this since we have to stop money fraud and anomalies.
665  Economy / Economics / Re: Which Asian countries have the greatest influence on bitcoin? on: June 05, 2018, 10:48:54 PM


Countries with large amounts of virtual currency transactions such as China, Japan, Korean and India with the increasing trend of many brands continuing to expand their payment operations in Bitcoin, this currency will rise to a peak of $ 20,000 in 2017.
However, recent bad news from Asian countries Bitcoin price is going down very fast. Yesterday bitcoin price continues to fall deep down to 8,200$ and possibly more.
In particular, China and India have a great influence on the BTC currency because the number of bitcoin traders is huge
Large countries in Asia like China seems to be one of the most powerful and influential countries that carry out holding Bitcoin cryptocurrency. Nowadays, the power of Japan, China and Korea turns out to be the leading countries in Asia with a progressive economy which have that great influence in terms of the price movement happening in cryptocurrency and together with India, these 4 big countries do entirely have that power of influence to somehow manipulate the price movement of Bitcoin for the fact that we all know Asia is the biggest continent in the world where most number of cryptocurrency users can be found.
666  Economy / Economics / Re: What will happen to bitcoin? on: June 05, 2018, 10:27:49 PM
Bitcoin at the present time resembles as a bubble.Once it goes up, it immediately pops out.  It is normal that the price of bitcoin gets down but it's been a long time since it is on its original value or higher than its real value. Those who invest these past few months are suffering a lot of loaaes and they are losing hope that bitcoin will continue to drastically decrease in value.  Do you have guys some advice for me? It will be really appreciated and I will be eternal grateful.
Up to this time, still no one knows what will certainly happen about Bitcoin because what we are already hearing out since the start of this year are still mere speculations about Bitcoin and still no concrete statement to be stated as fact because still no one was proven and considered to be right. Maybe at this time, we can say that Bitcoin is a bubble due to its existing behavior but we do expect that this will end soon because we are hoping thay best things will come for Bitcoin wherein it will regain its loss and spread its benefits among its loyal users and investors.
667  Economy / Speculation / Re: Bad news for Bitcoin on: June 05, 2018, 10:10:03 PM
If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.
Maybe it can be a total bad news for Bitcoin right now since an expert has already make its stand having his Noble Prize award into risk together with his reputation for stating that Bitcoin is a speculative bubble that will make people to take it seriously especially the investors that might affect Bitcoin's dominance in the cryptocurrency world because I think people will be up into listening into an expert's thought and opinion or maybe not because not all the people do truly know what will be the future of Bitcoin so the statements might be just speculations or maybe a sad truth once proven right.
668  Economy / Economics / Re: Feeling bitter in banks? on: June 05, 2018, 09:53:46 PM
I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
Yes. Somehow I really get tired of reading same posts about those people who have really hated banking system due to the existence of cryptocurrency in which they always do comparison to these different types of systems as well as currency because the one is the regular and on the other hand, the virtual one. What people do not clearly get and understand that these two existing systems are apart from each other and they do have different roles to play in ones individual's life so what we must need to see is that these two systems are different from each other so comparison is not the key to resolve it. In fact, it is just getting worst since we are just making issues upon doing comparison of this two types of existing system that promotes different types of currency.
669  Bitcoin / Bitcoin Discussion / Re: Bitcoin have more risks than benefits? on: June 05, 2018, 03:05:54 PM
Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
             https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1


What is your opinion?


Actually it depends because Bitcoin and other types of cryptocurrencies do have their different benefits which can also be associated with risks which we should have known at the very first time we are up into engaging into this type of existing currency that more risks can be gained because unlike regular currency, cryptocurrencies are really prone to risks due to the fact that it is on the virtual manner. But the risks and benefits of it will be depending on the one who handles it and that must not be all blamed into cryptocurrency since people are always behind in this thing since we are the ones who have made it.
670  Economy / Economics / Re: Why people are still buying BTC? on: June 05, 2018, 02:41:22 PM
Hello guys,

To me, it seems pretty strange that people actually continues buying btc now...
I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now?

I don't get it.


Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount  Roll Eyes ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?).

The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue.


An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease.


Other issues:
- security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalk.org/index.php?topic=174600.0 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...).


I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks.
Well, it is obviously not a new thing to be noticeable because many people are still into exploring their capabilities and possibilities to go into comfort upon going beyond Bitcoin. It is just that despite of the recent happenings, people still have tough thinking that this will be just temporary and still expecting for best things to come. People are still carrying out their perception that maybe Bitcoin will be suffering at this times but sooner or later it will come into the part of letting its supporters go beyond the success.
671  Other / Beginners & Help / Re: What are some of the best sources of information on Bitcoin? on: June 05, 2018, 01:57:55 PM
Working on a school project and I'd like some great resources to help me with it. Important information I'm looking for is the 'advantages and disadvantages of Bitcoin'. I would prefer credible resources which I can cite in the project, books are great if you know any.

Well try to find some Books who talks about Bitcoin, magazines were one of the print media who talks about Bitcoin recently, and it is good since they publish different issues monthly to swear every news were hot and latest. In addition to that we should not lean by different perspective make sure that you are reading some information from reliable sources that you may have.
672  Economy / Economics / Re: Factors that affects the value of bitcoin... on: June 05, 2018, 01:37:34 PM
Hey guys,  i need some suggestions and opinions about this.

I think it is a very broad thing that really affects the price directly. I have read some thread and it was stated there that investors was one of the major cause of the volatility of the of the Bitcoin, if they will not be in an active investments these following weeks this will lead to slower fluctuation of the price, and it also serve as the guide of the ICO when they will hoing to pay the workers since the lower the price the lesser that it will turn out to be a payment, and it might be double if they force to pay the people in a wrong time.
673  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a new phenomenal innovation on: June 05, 2018, 01:23:40 PM
Yeah obviously it is. The best thing about technology is, there’s always scope for something better to take place the existing. It gets better. Blockchain, the backbone of Bitcoin, is already called as the future technology by many people. Adaptation of this technology will bring huge difference in tech world, I believe.


I agree with that, Bitcoin is a phenomenal innovation of the current generation. It was the greatest bubble happened in the history of economy and technology. It is very accessible for everyone, personal information is highly kept in this in whoch both a con and pro for everyone, earn as much as you can no one will stop you. The capabilities fo this forum is continuously spreading in which private and public entities is now acquiring to this currency for a better and widely variation of  betger way of payments.
674  Economy / Economics / Re: Should we teach children to have businessman mentality or be successful employee on: June 05, 2018, 01:14:35 PM
We all have that thought why do Chinese people actually make it in the business world. The reason apparently is that at an early age, their parents are conditioning the minds of their children to do business in the hopes that they will actually be heirs to their family business.
In your opinion, should we be teaching them the same or teaching them to be successful employees for the sake of climbing up the economic ladder?

I think we should teach the next generation how to be a good person, on how to be a good citizen cause if he or she possesses a great and honorable characteristics and attitude they will be consider as a good leader and follower at the same time. Having a great attitude makes a person suitable for any situation and circumstances that he or she may encountered, life is not limited for just a money.
675  Bitcoin / Bitcoin Discussion / Re: Samsung has now entered the cryptocurrency world on: June 05, 2018, 01:02:57 PM

As we know Samsung is one of the biggest and famous phones, smartphones, tablets producers in the whole world and now they are planning to make there own mining software. Is this a good news for us bitcoin users? I mean what are they aiming for?

For more info just read visit the link: https://www.sammobile.com/news/samsung-is-reportedly-making-mining-hardware-for-cryptocurrencies/

This is great since we all aware that Samsung is one of the most famous and biggest company and this is a very competitive smartphone company it will be a great opportunity for everyone as well as the Bitcoin forum itself, and who knows that sooners this will be one of the contributors of the huge pump of Bitcoin price sooner, we must be grateful for this and we must keep the good reputation of Bitcoin.
676  Economy / Economics / Re: Wise thing to do with your savings. on: June 05, 2018, 11:02:44 AM
I think the wisest way to do with my savings is to invest on bitcoin. In this way I could save my money while gaining from it.

We all have different perspective towards a successful saving tips, and I think I will be on the safer way how can I grow my own savings, and one of the best things that I know is to start up a business which you are very aware and knowledgeable regarding all the pathways that it was related since we cannot grow faster in something we didnt know yet right? And keep saving although you have save enough keep saving so if you will be in a certain point that you have some money to borrow you can used your own instead.
677  Bitcoin / Bitcoin Discussion / Re: Why 1 BTC is becoming hard to owned??? on: June 04, 2018, 01:31:10 PM
Because the higher the bitcoin price the harder to obtain !

Recently bitcoin prices is too high because greater demand especially from Japan and South Korea who control about 40% bitcoin world transaction
And for the other influence , bch and forking make bitcoin even valuable than before

Well I agree with that and we cannot expect for it to adjust. Personally speaking, these days earning is very hard and if you are unlucky enough your earnings will be scammed by the project teams of ICO,  and for me it is very hard to my part to accept since I have pour so much hardwork in to that to gain something in return and I cannot do something since we don't know who's the person behind, and in addition to the the price depreciate these days frequently.
678  Economy / Games and rounds / Re: [DAILY FREE RAFFLE]JUST BECAUSE I AM STILL IN A GOOD MOOD 23.0 RIPPLE COIN on: May 24, 2018, 10:44:11 AM
a please Smiley
679  Other / Off-topic / Re: How Bitcoin Change your life. on: May 22, 2018, 01:31:59 PM
Bitcoin influence our life as good. Since I met bitcoin, I learned how to earn and become our life better. Bitcoin helps us what our needs and I learn how to invest for the future and I am happy to be part of it.

That is actually true but to be honest it is you who ill change your life and your fate will never based on this forum, because of your hardwork and determination you have the profit and the fruit of your labour,  I guess we are the onw who creates our life not anyone or anything just us. I met Bitcoin last year and I promise that I will never stop untill I am proud, I've into downing times but I keep my dreams and this forum will help me to achieve those.
680  Bitcoin / Bitcoin Discussion / Re: Future of bitcoins on: May 22, 2018, 01:18:30 PM
I think that Betquin will replace money in the future, and this is a personal opinion only

Government will never allow this happen, since the traditional way of payments and transactions were done using the cash and ir will be very complicated for us to adapt since there were still a large percentage of people who were not interested in acquiring so mcuh technology in their lives and I guess that one of the thing that we should consider also our less fortunate people what will happened to them?
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 [34] 35 36 37 38 39 40 41 42 43 44 45 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!