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741  Economy / Speculation / Re: Why do we keep converting bitcoin back to dollars ? on: October 27, 2017, 09:12:10 AM
I dont convert it to USD unless I absolutely have to. I have a bitcoin card, so I have no need to convert it myself since I can use bitcoins to buy whatever I want.
Sounds really interesting. We would like to know more about it. I mean where can you use that bitcoin card and what are its benefits. Also where is it available? Use of any such commodity is a great start for bitcoins to gain more importance in our life. Any such bitcoin card will make the transactions easy and perhaps it will be highly recommended.

Bitcoin card is a innovative idea and should be carried in each country to spread more and more knowledge about bitcoins to new users and making them more alert about bitcoins. Bitcoins will then be used in a maximum proportion and also the transactions will increase giving the miners a good profit.
742  Economy / Marketplace / Re: Trading VS Bitcoin! on: October 27, 2017, 08:23:26 AM
Altcoin prices are now very low, almost all Altcoin owners are in a difficult situation. Altcoin prices were a little better yesterday. The division that will take place on October 25th already affects me negatively.
They are now very low and the best time to get involved in any altcoin is absolutely now. The upcoming really affected a whole lot of people who were holding their altcoins before the huge crash, but it is just one of those things we have to keep contending with.

As you profit in some places, you lose in some places, just that the losses can be bad sometimes, if not properly and smartly handled but good times are coming.
Trading is good, I’ve seen a lot of people that made profits from it, but one thing you should know is that it never favors everyone. Some people that joins trading usually lose, and I see more losers more than winners. It’s all depending on your luck.

However, people do say if you’re going to get into trading, you should always invest something you wouldn’t mind losing.
743  Economy / Economics / Re: Investment for Bitcoins on: October 27, 2017, 07:10:02 AM
if you have the desire to invest, better buy some bitcoin then wait until the time you have set, and sell it if the price in taste has reached the target you want, it is the easiest way to do, but if you really want produces bitcoin at a fast rate it's better you go to trade there you can get bitcoin quickly, but in trade have a very high risk where you too can lose your bitcoin, and better before you want to decide to trade try to learn it and start from a small capital
I’m not into making investments on different platforms meant strictly for investment, rather I use my Bitcoin wallets as both investments and savings. When it comes to trading, I usually invest a little amount to avoid big loss.

Though one thing I don’t like about investing a little amount is that I don’t make much profit, but if you keep on investing big amounts you end up losing it when you least expected it.
744  Economy / Economics / Re: Is trading just educated guessing? on: October 27, 2017, 06:22:09 AM
I do not seem to be educated for trading. Some good things have to stay in people. Many educated people use Bitcoin. Invest in bitcoin. But not everyone can benefit from trading. Because the skills, courage, confidence, and experience needed to trade. There are not many good people in this quality.
I never got any benefits from trading, even FX trading and cryptocurencies trading. Well, trading still requires being educated to understand what its all about, though there is nothing much to learn about it. You can’t actually predict the market, so you might the wrong guess or the right one maybe. It’s just left for you, but I believe by being an expert your chances of winning is bigger than making loss.
745  Economy / Trading Discussion / Re: Does Bitcoin have a future? on: October 26, 2017, 07:28:25 AM
Bitcoin has future, but Im not sure, if will be like metod of payment, or more just store value. At this stage, BTC become very slow and expensive for money transfers.


Considering the fast price increase of bitcoin for the past years especially this year, no wonder bitcoin has a brighter future and that also means better future for us bitcoiners. The  higher percentage of increase compared to its decrease is obviously a good sign of the strong and growing crytocurrency in this modern world.

I also believe that Bitcoin will have a good future. But I sometimes scare of the fluctuation of the market. Whether Bitcoin will fall down as fast as go up?  Huh
Same here mate because the bitcoin has the strength and the power to increase your money for the future. I love to use it because I feel secure and safe while using the bitcoin and this is the best thing for the bitcoin to use and to hold for the long time, I use to buy the bitcoin and to invest in it just for the bright future and the secure income, I love to use it while a lot of the other people like it so the future of the bitcoin is very bright.
746  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: October 26, 2017, 07:00:49 AM
Very proven, Yes. Holding bitcoin for longtime proves to be one of the best ways to grow money we have. Very much compared to interest given by bank.
Holding is no doubt a very good option for making a very good amount of money. If you have control over your nerves then this is the best thing which you should do. Holding of bitcoin gives you a guarantee of this thing that with each passing day, more amount of money will be added to your account. So you have to be very careful and you need to control yourselves especially at the hard times.



I don't think there's any guarantee about that at all. Bitcoin is a speculative asset and the price is built solely on the price. Bitcoin is a utilitarian thing and it is wanted for its usage or purposes. These purposes are already offered by other cryptocurrencies that are significantly cheaper than bitcoin. This means that bitcoin is built now by nothing but its hype and so are any other cryptocurrencies.

Since there is no guarantee about the price increase, then the investor has to be ready to lose the amount of money he is investing. One thing is clear about investments is that you are risking your money and there's no 100% guarantee profit in any investment. That's just too good to be true.

Holding bitcoin is a good way to make money but it's not a rise-only market. There will always be ups and downs and so far nothing is supporting bitcoin's market so it can go down at any given time.
Yes the bitcoin and the value of the bitcoin will give you good income, so buy the more bitcoin and then be the part of the bitcoin to get the huge income from it, it is the best time to hold the bitcoin for the long time because the value and the profit will high if you will hold the bitcoin for the long time, I love to buy bitcoin and then not to sell it till the value and the price of the bitcoin will be more than this.
747  Bitcoin / Bitcoin Discussion / Re: What do you think about others altcoin than Bitcoin on: October 26, 2017, 05:07:55 AM
Well I think there are other altcoin worth noting at and there are others that we can say shitcoins. They are just created just to have something to invest in. There are no actual products and cant be used in real world scenario.
On the other hand, some altcoins can be worth investing in the long run because of its strong fundamentals and actual products. They have a long term vision rather than others who just foresee short term plan. There are laso altcoins that have other use other than bitcoin. It can be for privacy or private use only. I just hope that altcoins can somehow stand with bitcoin side by side. They can be really useful in real life applications.
Other altcoin are simply like kids of bitcoin because bitcoin is trend setter and this coin introduced crypto to the world and more of it altcoin are unknown to the people because they were not given the right advertisement and on top of bitcoin is so much promising as compare to them this coin will not let any other coin to surpass it and bitcoin Is more than a blessing and all are talking about it so forget alt.

748  Economy / Marketplace / Re: Buying clothes with bitcoins? on: October 25, 2017, 01:23:57 PM
For buying clothes I will use fiat money or credit card and keep my bitcoins intact in my wallet and sell it in future when the price of bitcoins will touch the moon as I treat bitcoin as an investment and not at all interested in using it like a currency.

In my opinion i think that you will gain more profit when you buy those clothes using bitcoins because the value of this coins is very high and clother will be a lot more cheaper. I also agree that bitcoin is a great investment since the value is increasing and it was really for long term.
Buying clothes with bitcoin is really a good idea but I will not suggest this thing. It is because of the reason that bitcoin is a very valuable asset and you should not waste it in a way like this. You can buy the clothes by spending your paper money as well.

You actually need to take care of your bitcoins very much. It is the only thing which can help you a lot in your future. Think well before spending your bitcoins.

749  Economy / Marketplace / Re: 1 Year in Cryptocurrency still no luck earning bitcoin. Need some real advice. on: October 25, 2017, 12:20:11 PM
Just have more patience. Prices on cryptocurrency is so volatile that even those traders that have been in this industry for more than a year cannot predict it. Read more books and blogs about trading and start learning other techniques from them.
There is hardly any reason to deny this fact that there is lot of money in the world of crypto currency. You can earn as much money as you want to earn. You only need to have good background knowledge about the things related to crypto currency. Moreover, you can also join different kind of campaigns like that of signature campaign etc. this will for sure help you in earning a good amount of money.

750  Economy / Marketplace / Re: Paying with Btcoin on: October 25, 2017, 11:35:31 AM
Here in the philippines we can use coins.ph, This is a wallet where we can exchange our bitcoins into fiat of our country and there are links where you can pay your electricity bills and buy some good stuff's like online game cards for gamers.
In my country, the usage of bitcoin is not that much common. There is hardly any place where you can buy anything or pay your utility bills by giving away your bitcoins. Buying with bitcoin is really a great idea and is the best thing for the ones who are having bitcoins in their wallets. This will remove the need of keeping paper money as you will be able to pay your bills with your bitcoins then.
751  Economy / Economics / Re: The future of the paper money on: October 25, 2017, 11:05:07 AM
Paper money will nonetheless lived on and will be employed by folks about the entire world,people living in locations in which internet is not able will use paper income and wont use bitcoin.
Well in my opinion paper money has his own value and cryptocurrency have his own value but bitcoin is batter than paper money because it’s easy to carry and you can take it with yourself anywhere any place without any fear and secondly its price is high than any other currency if you will exchange bitcoin in any currency so its price will be high.

Paper money does not have actual value only perceived value whereas Bitcoin has real, legitimate value.
It is really very much difficult to comment on this thing right now. It is because of the reason that still there are so many people who are only using paper money and they don’t know about bitcoin. It will take a lot of time to see cashless society.

In fact, I think it is nearly impossible sort of thing. Paper money will remain at its own place but the number of people holding paper money will be reduced.
752  Economy / Economics / Re: What would benefit bitcoin more? on: October 25, 2017, 10:27:23 AM
Quote
A promotion from the president

Lol.

Quote
Advertising

Bitcoin related services are promoting Bitcoin through billboards and other advertising mediums. Asking local vendors if they do accept Bitcoin or sporting Bitcoin T-Shirts is a good way to promote Bitcoin locally, beneficial.

Quote
More sites using it

If Bitcoin needs to evolve from a speculative asset to a reliable medium of exchange/currency then this is what it needs most, merchant adoption.

Quote
Worldwide school presentations

Kids in Wooranna Park Primary School in Australia are already exploring Bitcoin and Blockchain technology. Yeah, having Bitcoin/Blockchain clubs in schools/colleges will not only lead to millennials adopting Bitcoin, but some of them also coming up with their own Bitcoin related startups.

Quote
Huge giveaway

Huge giveaways isn't going to be effective. If you run a blog, not necessarily Bitcoin related, giving free satoshis to your users might get them interested about Bitcoin.

Quote
Nothing

With Japan legalising Bitcoin and a few countries looking at the possibility of regulating Bitcoin, the adoption of Bitcoin is reaching critical mass, to the point where it gets self-promoting and self-sustaining. So even if you don't do anything Bitcoin will promote itself.
There are a lot of things that can benefits bitcoin more like advertisement through all sort of media to spread knowledge about bitcoin as well as starting bitcoin degree program, and if these things are obeyed bitcoin will surely attract more no of people across globe and that will surely give profit to bitcoin as demand will increase that will give pump to price and investors will gain more.
I think only the people would benefit bitcoin. Because these are only humans that run everything and using currencies for their needs. The more sites, the governments, the companies and common people in the ordinary communities will be the main source of increasing the value and market cap of bitcoin. I think the main role in this regard is that of the multinational companies.
There are so many important factors which will play their own roles in order to benefit bitcoin more. The most important thing which can bring a very good name to bitcoin is none other than role of the government in declaring it as legal across their own countries. Secondly, starting of trade in the international market will also be very much effective in order to help bitcoin earn more good reputation.
If bitcoin will be declared as legal by all the countries or even by most of the countries, then it will no longer remain decentralized. In fact, this will add more restrictions on the investors of bitcoin as they have to pay the tax as well then.

In my opinion, the thing which can benefit bitcoin the most will be more awareness about bitcoin amongst the people. It will increase the number of investors too.
753  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BITCOIN is the KING on: October 25, 2017, 09:54:13 AM
As of now the price of bitcoin is 6000 dollars and Im very happy for that and I hope the price will continue to increase so we can make a lot of profit in the future. But if you want to invest in altcoin the best answer for that is the waves coin and fro sure if you have you will earn a lot of profit because possible become 100 dollars the price in the next few years.
Yes I do agree with you as I am of the same view that the price of bit coin has reached the highest price as 6000$ and based upon its high price I think that it is the right of such currency to be called as the king of crypto currencies which has converted poor people to the richest one in the society in a very short time.

754  Bitcoin / Bitcoin Discussion / Re: What Will happen if all bitcoin already mined ? on: October 25, 2017, 09:20:53 AM
If all the bitcoins are already mined,  I believe the developers will work out something even better than what we see today.
But then, it will take a long time for that to happen, so why don't you just relax and take things one after the other.
It is clearly understandable that the developer of bitcoin will not be happening to shut down bitcoin business and hopefully the developer will find out a solution to keep continue bitcoin journey. First, I think, no one is clear about bitcoin continuity or to end.

All are just assumptions but no doubt that bitcoin is very successful crypto currency and people trust on bitcoin much than other cryptocurrency. When bitcoin mined completely, then, I hope the developer will find out a way better to bitcoin future.
755  Economy / Trading Discussion / Re: What is the risk of holding Bitcoin? on: October 24, 2017, 09:31:34 AM
the biggest risk to hold coin is putting your all fund in a wrong coin. theres have a coin that in the first place the price is ok but in the other day the price of this is became priceless...sso its better to search and review your coin before invest and hold..
In my opinion, there is no such risk if you are holding your bitcoins for long time until and unless you have bad habit of getting panic at the time when the prices are falling down. If you are patient and you think you can control your nerves well, then there is nothing bad in holding your bitcoins for long period of time. In fact, this will add much more money in your account than any other thing.
756  Economy / Economics / Re: Do you think billionaires invest in BTC? on: October 24, 2017, 08:13:49 AM
I just always wonder if those billionaires still invest in btc. Do they even know btc exist?

These guys are made riches by focusing on where the money is. They can afford financial advisors who conduct research for them and calculate the level of risks involved. Bitcoin has been around for years now, and things are looking good as well, so there is a big chance that even billionaires invest on bitcoin.
I must say that it is none other than billionaires who are making out maximum amount of money by investing in bitcoin. It is because of the reason that these are the ones who are having a lot of money and they can actually afford investing in bitcoin. Moreover, they know the art of making money. This is the best way of investing their money and they will be happily investing their money in bitcoin.
757  Economy / Economics / Re: lest we forget, Bitcoin is a blessing. on: October 24, 2017, 07:37:47 AM
Yes, its a great blessing to all of us. It gives me a better opportunity for myself that i can do other job aside from my job. Wink Wink
There is hardly any reason to deny this fact that bitcoin is indeed a great blessing and I think it is really our good luck that we are having bitcoin in our lives. The way bitcoin is making such a good reputation and the way people are continuously investing in a bitcoin definitely means that it is going to have a very bright future. This increases the chances of getting more benefit form bitcoin.
758  Economy / Economics / Re: Bitcoin to be Taxed...... on: October 22, 2017, 07:44:43 PM
I think it's perfectly natural if bitcoin is taxed
I guess so because the government will be depending to bitcoin by that time and it's going to be a very good help to the country, to other bitcoin users that are happy with this and it will be disappointing to the bitcoin users that really don't stand with this type of idea.

Actually, there is nothing to worry if having taxes imposed for those who are holding bitcoin unless it is not being abuse by the authorities. Paying taxes is just a big contribution  to our economy, at least we can contribute even in a little amount. All generated taxes are for their projects that the community can benefit on this.

There's nothing to worry because we all love that the government will support bitcoin and this is just the return of their support. When bitcoin will be taxed, other alt coins should be imposed with tax too because we are mostly focus with bitcoin, the government rather. As the taxation will start, others can possibly jump to alt coins that doesn't have tax so it's fair that all crypto's will be taxed.
We will have to pay the tax to the government if and only if the government announces it to be legalized across the country.

In that case, this will help the government to make the economic situation of the country better but it will also take the money from the pockets of those who are having bitcoin as by now, they are not paying even a single penny to anyone in the form of tax.
759  Alternate cryptocurrencies / Altcoin Discussion / Re: what makes you trust a new altcoin? on: October 22, 2017, 06:57:28 PM
You need to know about the project. It is important to understand and investigate it.
Of course, what is most important is how popular it is.
Exactly that makes sense. Whenever you are going into something new, you have to interrogate and investigate the whole case properly so that nothing is hidden from you. Same is the case with altcoins, they are not much popular than bitcoins so more care have to be taken in this regard. And popularity, yes that is one factor of measuring the level of coin. Good luck to you.
760  Economy / Trading Discussion / Re: how to become a TRADER on: October 22, 2017, 06:27:53 PM
you earn already by trading so now you are a trader now... welcome to the world of trading hmmn just improve more your trading skills just control your emotion learn how to fell the flow of coin follow your feelings gain a risk with no doubt accept when you los be patient..
I think nothing is more difficult that this controlling your emotions when you are taking some decisions. You all may know that business is the game of decisions. These decisions are based on your calculations of losses and profits.

But here is one hidden thing that is often ignored, the emotions. You have to control them else they control out, and this will be the worst decision.
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