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681  Economy / Economics / Re: Can you really make money on Forex? on: October 15, 2017, 05:43:23 PM
To be honest forex is really risky business. If you really want to invest than invest on some bitcoin to usd forex.
Otherwise it is just waste of money,
Tbh i lost 1000 usd last month. FBS forex market.
682  Bitcoin / Bitcoin Discussion / Re: What were your experiences with Bitcoin when you first started? on: October 15, 2017, 05:26:01 PM
When i was started with bitcoin in 2015, i did not know about what is bitcoin and how to earn bitcoin.
I thought gambling was the only way to earn some btc. I played lottery games alot but nothing was earned.
I wasted about 3 months in gambling 🎰 nothing had earned.
Than i got to know about trading, i did trading that was profitable somehow.
After long journey i got to know signature campaign than i started earn some bucks.

When i started btc, around me no one knew about bitcoin, but now i tell everyone about bitcoins in my college and students showing interest in bitcoins.
It was good experienced when i started as bitcoiner.
683  Bitcoin / Bitcoin Discussion / Re: Industry Experts Believe Bitcoin Headed to $6,000 on: October 15, 2017, 05:16:22 PM
As bitcoin is still growing we can predict that bitcoin value will touch the 8000 usd very soon.
I believe that bitcoin can reach 10000 usd by mid 2018.
684  Economy / Economics / Re: Some things to consider before starting a business on: October 15, 2017, 10:05:30 AM
Being an MBA student i can tell you some Theoretical knowledge

1. Do market research about business that you are gonna start.
2. What are the targeted customers ( child, young or old)
3. Hold money for future purpose.
4. Try to acquire licence if needed for work in your country.
5. Who are the competitors' for your business and make strategy to tackle them.

Whether business online or offline you need to research market.
685  Economy / Service Discussion / Re: MINING BTC ON WEB on: October 15, 2017, 09:58:51 AM
Guyz mining is on web not profitable at all.
If you have mining hardware with High hashing power than you can make profit from it.
Please do more research before starting mining.
686  Economy / Service Discussion / Re: Cloud Mining Scam or legit on: October 15, 2017, 09:54:24 AM
Yes there are most of cloud mining sites is a scam.
I got scammed by startminer please be aware before investing these kind of websites.
Because once they get enough profit from consumer they shut down website.

One of the legit website but i am nit using it
Genesis mining
687  Bitcoin / Bitcoin Discussion / Re: How to Become A Bitcoin Expert on: October 15, 2017, 08:32:17 AM
When we want to expertise in something than we should have deep knowledge about particular.
Bitcoin is not simple as we pronounce it Very complicated technology working behind it named as block chain technology.
Join the discussion as much as possible.
688  Bitcoin / Bitcoin Discussion / Re: Bitcoin in College??? on: October 15, 2017, 07:51:24 AM
Bitcoin is burning topic in my university, Students has mind set to earn money as much as possible and easily.
That's why students shown interest in bitcoin.
And my university also shown interest because they are organizing Debate contest and group discussion about bitcoin topic.
689  Economy / Economics / Re: How to double your money using BTC? on: October 15, 2017, 07:31:50 AM
Let's see Historical data of BTC,
When it was started price was about 0.01 USD per btc. but after 9 years mean right price is about 5800 USD. which is drastic change.
At the conclusion if you really want double btc than you have to think about long term.
Personal example -  In july i had one btc price was about 2100 USD but after HARD fork price increases to 4000 USD.
I made double profit from it.
690  Economy / Economics / Re: Bitcoin can not replace fiat on: October 14, 2017, 06:25:13 PM
yes i agree bitcoin can't replace fiat currency because btc can be use to buy things. If we really want to btc as fiat currency than btc has to be centralize first.
691  Bitcoin / Bitcoin Discussion / Re: Why Goverment is not recommending to use digital currency such a bitcoin? on: October 14, 2017, 02:06:20 AM
Yesterday I red article regarding digital currency. The article aim to discourage us in using digital currency as these currency is not recognize by our country moneytary institution. What do you think is the reason why  some goverment are discouraging its citizen to use digital currency? Any thoughts.....

Because digital currency has no monetary policies and decentralize currency. As digital currency is non traceable and govt does not have control on it.
one thing govt is afraid from price (today 5600 US Dollars).
692  Bitcoin / Bitcoin Discussion / Re: How many people left their full-time employment to go into Bitcoin? on: October 14, 2017, 01:59:07 AM
I think this is not a better option to leave full time job for bitcoins because for bitcoin you hardly need an one hour to make quality posts everyday so what is the need of leaving full time job. Take bitcoin as part time job.
693  Economy / Economics / Re: plan for the future with bitcoin on: October 13, 2017, 02:49:20 AM
To be honest I will hold bitcoin till it is not reached particular price which i have set for it.
for eg.
Today bitcoin reached 5600 USD may be after a month it will reach 7000 USD.
694  Bitcoin / Bitcoin Discussion / Re: Bitcoin has no role in real world on: October 12, 2017, 11:42:01 AM
Do you really think that bitcoin really has no role in world?
Than why so many people want to earn money through bitcoins. Why people showing interest and why btc price is rising day by day, today price 5150 usd.
Btc can create threat to chinese economy how do you say that btc has no rolw in real world.
695  Economy / Economics / Re: Bitcoin or gold? on: October 12, 2017, 11:32:27 AM
People mostly prefer physical asset,
If we talk about profitable manner than bitcoin will be best option to invest instead on gold.
Btc price is about 4 times gold price in USA.it is obvious that btc is best over gold.
696  Economy / Economics / Re: When is the right time to buy bitcoin ? on: October 12, 2017, 11:30:32 AM
Hey, simply when btc price was low than we should buy bitcoin for future savings.
For example i was purchased 0.2 btc when chinese bans exchanges bitcoin price was about 3200 usd and i sold tham last week price 4600 usd.
697  Bitcoin / Bitcoin Discussion / Re: How do you guys withdraw your bitcoins to cash? on: October 12, 2017, 11:07:57 AM
There are so many exchanges which help us to convert btc into cash.
I am personally use Zebpay. It has taken one day to process all payment to bank account.
698  Economy / Economics / Re: What will happen if we use a one currency only? on: October 12, 2017, 02:41:36 AM
One currency throughout the world is possible but not beneficial for all countries.
like everything has pros and cons
Let's talk about pros.
1. Easier to do trade between countries for eg. in Europe only one currency Euro throughout, Trade Loc  between all countries.
2. Only one central bank who bear responsibility to rules and regulations.

cons
1. maybe country can take advantages on one world currency like if US dollar be the one than USA has more advantage and independent in terms of others
    countries.  
699  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin Die Because of China? on: October 11, 2017, 02:59:24 PM
I don't think so, China will never effect bitcoin there was minor effect recently days but bitcoin overcame Chinese threat soon.
So now we have btc value near about 4900 USD, So we don't need to worry about china.
700  Economy / Economics / Re: Bitcoin world currency on: October 10, 2017, 03:54:31 PM
Yes bitcoin can be world currency but there should be room for improvement also.
I think Ecommerce websites' think about to accept bitcoin as payment but they are affraid from the price of bitcoin as we seen price is not stable sometimes it rise or fall.

is it possible that we can use bitcoins in buying all commodities not only in one country but the entire wold? and how will this affect the economy.
I think there could minor effect on economy
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