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6961  Bitcoin / Bitcoin Discussion / Re: At what price point per BTC will it be too late for the average person on: August 29, 2017, 09:44:29 AM
It is too late for an average person to buy bitcoin when it hits 10,000 USD because that is a too expensive price for me and it is not affordable for almost all the people and most of them will just doubt about bitcoin so as long as the price of bitcoin is not touching even half of that 10,000 USD we should continue buying bitcoin and holding it for a long term purpose.
6962  Bitcoin / Bitcoin Discussion / Re: Who is buying bitcoin and crypto on: August 29, 2017, 09:24:05 AM
The people who are buying bitcoin and other cryptocurrencies are the people who are late comers but they also believe that bitcoin can get them somewhere they didn't expect. Those people are just doubters in the past but now bitcoin prove them wrong and bitcoin made them eat their words so they are now buying bitcoin and hoping that the hope of getting to be rich is not yet gone.
6963  Bitcoin / Bitcoin Discussion / Re: Should we risk mining bitcoins ? on: August 29, 2017, 09:09:02 AM
If your intention is to support the network, this is worth it. But for profit, I don't think so, unless you have great advantages in terms of electricity costs.
That is the only thing that can be take advantage of the miners of bitcoin they need a good place where the electricity is very low and because of that they can buy more hardwares for mining and they can get more profit in mining bitcoins because electricity is one of the big deal for almost all the miners so every miners should be wise in choosing a place for their mining farm.
6964  Bitcoin / Bitcoin Discussion / Re: Bitcoin is instant way to get rich ? on: August 29, 2017, 08:49:25 AM
Not really instant, unless you are very lucky enough like winning in lottery or other raffle contest.  But as we witness how bitcoin grow from the previous months and years, yes holding bitcoin is very rewarding.

You are right, not really instant but if you hold bitcoin for a year and the price got increase, i think you will be rich Without difficulty, all you have to do is wait until the price of bitcoin get so high .
It is not all about holding for a year or long term it is all about our effort that we put in bitcoin. Even though we have only 1 bitcoin but if we are going to work hard and put it on something really worth it that will help us to grow our money then it is the best thing to do because putting a lot of effort and working hard is the best rather than just holding and being lazy.
6965  Bitcoin / Bitcoin Discussion / Re: How to Become A Bitcoin Expert on: August 29, 2017, 08:31:01 AM
It takes a lot of time and knowledge before your become a bitcoin expert because if we will talk about being expert, it definitely shows a mastery in something. If a person knows a lot of things about something like in bitcoin then he is a bitcoin expert and you need to invest in knowledge so you will be able to know the things that you didn't know before and become a bitcoin expert and enlighten other people.
6966  Bitcoin / Bitcoin Discussion / Re: Bitcoin for Taxi on: August 29, 2017, 07:32:32 AM
Yes it's a great idea if we can use bitcoin for such regular transactions. It is nice and easier to give tips to them.
We can't use bitcoin for regular transactions and bitcoin can be only use in big transactions in terms of being a wise bitcoin user because we have a high fee right now and it is very expensive for a usual transaction fee so if you will pay bitcoin for regular transactions then you will pay also at least 5 USD as a fee to just to fully execute the transaction.
6967  Bitcoin / Bitcoin Discussion / Re: How do you explain Bitcoin or crypto to complete newcomer on: August 29, 2017, 06:38:04 AM
yes it's very difficult to explain bitcoin in beginner, many don't understand .. better explain simple and easy to understand ,, example ,, bitcoin is digital currency and price fluctuaktif, and in it we can sell and buy, buy cheap prices and sell when prices are high
We can tell bitcoin like that, thru trading. That is an explanation on how we can make money in bitcoin trading by buying low and selling it for a higher price than the price that we bought and we can also tell them that bitcoin is just like the common money that we use but it is more advanced because we can earn through it by just holding it for long term which the common money cannot do.
6968  Bitcoin / Bitcoin Discussion / Re: In what situation would Bitcoin die? on: August 29, 2017, 05:26:47 AM
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?

I think bitcoin will only die if there will be no internet in the whole world. That will be one reason, the other reason I think is that btc will die if there will be no people to invest in it. Which explain that it will never die.
Bitcoin will not die if there will be no internet connection because bitcoin is still alive and the only thing that we know is, bitcoin is just in sleep since there is no internet connection and for the second reason that you listed, it is possible to happen if there will be no people invest in bitcoin then it will die because we all know that the difficulty is keep on rising and the price is getting more expensive and making it not affordable anymore for some people so the possibility of investors is getting lower and lower.
6969  Bitcoin / Bitcoin Discussion / Re: The advantages of bitcoin on: August 29, 2017, 04:57:39 AM
We can get a lot of benefits from bitcoin. We can get a new life from bitcoin if we know more about bitcoin exactly then we can get it by joining the project bounty. It is a new hope, a new source income for me.
That is correct, because of the possibility of bitcoin to become a source of income it is best for the people who are currently unemployed to get a source of income which they really want to have. Bitcoin gives a lot of advantages and it is not only about the source of income it also gives possibilities to experience faster transaction process unlike the remittances that currently have in our place.
6970  Bitcoin / Bitcoin Discussion / Re: Bitcoin is the ticket to heaven ... on: August 29, 2017, 04:30:17 AM
Bitcoin is the ticket to wealthy lifestyle, that is the right term for me because of the use of bitcoin it enables us to make a lot of money and also get a chance to become rich or wealthy person after a few years of working hard to this kind of field. If you are a hard worker then you can reach being rich after 2 years of doing bitcoin.

Yes, absolutely right! Bitcoin is your ticket to have a good life but you need to work hard before you can afford that ticket  Grin
We need to work hard always so we can get the things that we want in life just like in bitcoin that if you will work hard then you can easily get the things that you wanted since it is easy to earn money in bitcoin because of the possible ways to try like trading, investment in ICO and so on and if you will do it right then you can get into heaven which means for me is financial freedom.
6971  Bitcoin / Bitcoin Discussion / Re: How do you explain Bitcoin or crypto to complete newcomer on: August 28, 2017, 04:43:04 AM
I first explain that our world is now on a era where the technologies is one of the game changer and the one we are going to use in the future and we should be learning the different kinds of technologies from computers, cellphones up to the currency and if they will ask what do i mean in currency then i will introduce bitcoin to them and why it is best to get into it while it is not too late and after that i will explain the simple things how bitcoin works and what are the benefits that we might get in having bitcoin.
6972  Bitcoin / Bitcoin Discussion / Re: Chinese never seizes to amaze on: August 28, 2017, 03:23:02 AM
Chinese people are more on innovation and they want to create more and more technologies that can help our world and they are also business minded which is a great combination so most of the time they are one of the early birds in our world and they mostly go to the things that can help the world to change like bitcoin and we can see that most of the hashing power are from chinese people.
6973  Economy / Speculation / Re: Is it too late to buy bitcoin? on: August 28, 2017, 01:57:38 AM
You still have time to join bitcoin, and be part of the elite that will have sucess in the short medium period, sure bitcoin price is high but you need to consider its potencial, i did miss the 300 dollars, 1000 dollars and even the 2000 dollars, but never is late to try anything, as long you know the risk associated to each investment.
Yeah, it still a nice time to invest in to bitcoin because the price still not that big and a lot of other altcoins have also been that cheap for a long period and maybe it's better to invest in to altcoins then to bitcoin because the fees are high right now for bitcoin and a lot of new cryptocurrencies allows as to use cheaper transactions or even 0 for nubmers of payments and it's really usefull for small ammount of transactions
It is better to invest in bitcoin and trade it into altcoins so you can get a chance to become rich fast and trading is better than investing for me because in trading you can multiply your money within a short time period while in investing it will consume a lot of time before you see any progress so i think it is not too late to buy bitcoin as long as you will use it to trade.
6974  Bitcoin / Bitcoin Discussion / Re: What to do to prevent bitcoin from crashing? on: August 28, 2017, 01:28:50 AM
We can't do anything to prevent bitcoin from crashing because bitcoin is a free market and it cannot be dictated by someone to prevent from crashing. Bitcoin only rely on the demand of the people in the market so it is better to just have a plan in bitcoin so we can be almost safe from losing money and we need to put a target price to escape for the possible lose of price crash.
6975  Bitcoin / Bitcoin Discussion / Re: Do you think Bitcoin will survive after 100 year ? on: August 28, 2017, 12:28:34 AM
I will agree it will last a century or more. 91 years to go mates.
I don't think it will last for a century because we have an event called halving day which is halves the block rewards and it increases the difficulty of mining in bitcoin if it will continue then it will not become a worth it decision to just stay in bitcoin for a century because they might lose money and also lose their precious time in bitcoin.
6976  Other / Beginners & Help / Re: Bitcoin Wallet without transaction fee on: August 28, 2017, 12:15:29 AM
There is no such bitcoin wallet which offers services without transaction fee.Transaction fee is the mining fee paid for our transactions to be confirmed.Even if you come across such offers,you should be careful because it would be only a scam service.Wallets must be downloaded from the official website and not from any fake websites.
Better advice it is. How can you think someone gives you one service and doesn’t charge you for it. There will be a fee for any exchange you want to make. As advised, you must be careful if someone is offering you a free of cost service. It must be a scam. In every step, deal with official websites and don’t be a victim of scam.

There isn't free lunch. If you aren't paying for the transaction fee, there is someone doing this. Some wallets like Xapo gave the chance to their users in the past to execute free transactions (now I don't remember if only from Xapo to Xapo address it was free), but it didn't last and suddenly they started charging from users to make transactions. So even the legit services that tried doing this have failed.
All of the wallet right now needs a fee for them to make profit and also for the miners so the transactions that has been executed from this service of bitcoin wallet will get a confirmation and smoothly go the bitcoin address that has been chosen. I don't really try xapo because they are very strict but i also use the wallet that has no fees but right now its fee is so high.
6977  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: August 27, 2017, 11:59:08 PM
Half of the bitcoin I have, I use to buy my needs, while the rest I tube, to invest in the future🤓
Invest your left bitcoin in altcoin trading so you can have a chance to get back the spent amount of bitcoin from your bitcoin wallet. It is easy to do and it is not so complicated so you can learn it in just a few days without getting a headache because all you need to remember is to buy low sell high and keep learning also the strategies that might become helpful to you for a better results.
6978  Bitcoin / Bitcoin Discussion / Re: BTC fees exploding and BTC will crash down on: August 27, 2017, 11:34:01 PM
People need to learn - BTC is for saving values, not for paying your coffee. Other coins are for fast and small transactions.

Many are comparing BTC and Gold. DO you pay your daily expenses with gold? It's the same here.
I agree, Bitcoin is mostly an investment opportunity, same concept with gold. Many people still believe that Bitcoin or any other cryptocurrency can take over the world and bla bla bla. It's just not possible. I don't think that any cryptocurrency can be used for daily usage, at least currently.
Bitcoin and any other cryptocurrencies are now starting to be recognized by the world and a lot of people are now interested in bitcoin and other cryptocurrency so if there will be an adoption from a certain country and if the country have a lot of bitcoin supporters then there will be a high possibility that they will treat bitcoin as a money and because of that their stores will accept bitcoin and they can use it on a daily basis.
6979  Bitcoin / Bitcoin Discussion / Re: Why compare BTC to USD? on: August 27, 2017, 03:18:13 AM
Bitcoin is always priced in USD because USD is one of the most famous and most used currency in the world and it is the universal currency and if you are from Philippines then you cannot use their money to buy things internationally and you need to convert it into USD first before you buy something and that is why bitcoin is generalized and priced as USD.
6980  Bitcoin / Bitcoin Discussion / Re: Should we risk mining bitcoins ? on: August 27, 2017, 02:59:00 AM
Mining bitcoins need a lot of money before you can say that you are making money or getting profits from mining bitcoin because bitcoin has already got a high difficulty and the simple graphics card or computer machines will not able to mine bitcoin anymore and the best thing to mine for me is just go for altcoins like ethereum instead of bitcoin.
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