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7481  Bitcoin / Bitcoin Discussion / Re: ALIBABA TO ACCEPT BITCOIN BEFORE AMAZON & OTHERS on: June 24, 2017, 11:54:56 AM
It is like the online shops now are urging to accept bitcoin to their company and have a bitcoin payment method that can make more sales to their items and for me, this is the sign for bitcoin that most of the big companies are taking serious moves in bitcoin and they want more and more opportunity because of accepting bitcoin.
7482  Bitcoin / Bitcoin Discussion / Re: August 1, Bitcoin will Ends? on: June 24, 2017, 11:28:05 AM
Bitcoin will not end and it will rise even more because there is a good news after that if the segwit will succeeded. Bitcoin segwit will make the blocks have more space and that will make the confirmations faster and it is a great help for bitcoin that can make the price higher and make bitcoin even more active in the market and also in the internet so i think it will not end but will have another rise.
7483  Bitcoin / Bitcoin Discussion / Re: Offline Wallets Vs Online Wallets on: June 24, 2017, 11:14:32 AM
Based on the requirement people use different wallets. The wallets get differentiated based on several factors and importantly the access to internet. In such a way we have got online as well offline wallets. For more security purpose offline wallets were preferred, online wallets have got the highest usage as well good security. But hacking possibilities were there. This has been used to hold regular usage funds, whereas offline wallets were used for long term storage.
Yeah before using something we should know what is the use of it. To get the best result we should use both offline and online wallet because if we just use online wallet then we are lacking in security because online wallets are prone to hackers while if we will just use offline wallet then we are lacking of availability because it is not that fast to transfer funds from offline wallet to another wallet. So using both of them is the best.
7484  Bitcoin / Bitcoin Discussion / Re: High school dropout who invested in bitcoin is now a millionaire at 18 on: June 24, 2017, 09:42:37 AM
i am dropout and i am not millionare ., Tongue , he is really lucky.

wait till bitcoin hits 10k or even 20k theres gonna be lot more millionaires.
I also want to just drop out from my studies because i really feel that it is not helping me in my financial status and it is just wasting my time to get more money because when i have more time in bitcoin then i can make more money and if that kind of situation will continue then i can easily be rich. Studies are just distractions for me and i don't really feel that i need them. I love education but not in school.
7485  Bitcoin / Bitcoin Discussion / Re: What do you like best about bitcoin? on: June 24, 2017, 09:29:30 AM
I like bitcoin because it creates money for me, i use bitcoin for my bills payments transactions and i can easily send money without any hassle and i love saving bitcoin because i believe the price of it will continue to rise high in the future.


Now bitcoin is seems not good using paying bills or anything due to recent high fees to sending the bitcoins to another. I feel bitcoin is nice stock than gold you can buy it as much we can and hold it for sometime. This will give profit for just holding it. If the fees can reconsider it or reduce little means that would be great move.
If we are planning to pay bills online then we should just use other payment options that we can use and not bitcoin because bitcoin is more like an asset and not a currency because if you will spend on the things that it is not necessary and the price goes up then you already lose the opportunity to get that profits so if you will just hold your bitcoin then you have the chance to earn more money.
7486  Economy / Speculation / Re: BTC vs USD - Will the price go UP/DOWN? on: June 24, 2017, 09:18:54 AM
Whats your opinion about BTC worth USD about next few days?
Current Price: 1BTC = 2669.04 US Dollar

In every high there is low and In every low there is high, bitcoin's value is almost tripled since the year 2017 started.

I think it will go higher and higher before the year ends because I don't see any reason for it to go down in value, it just this fast few days the price is steady and it is good for me atleast it is not going down.

Keep calm and wait for another surprises that bitcoin will show off.

Yeah Possibly. The price is stable to $2650-$2700 since few days (19-6-17 to 24-4-17) and yeah! Its stable and I hope it'll bump up just need some time actually. Also Australia Govt. approved it so transgections will raise and price will raise too. Its just matter of time. So I hope The magic will happen.
The only thing that we will do right now is to just hold our bitcoins and keep buying or accumulating bitcoins because they can easily give us good profits because long term holding is the best for bitcoin and if we will stick to it then we can be easily generate 6 digits profits or even 7 digit profits in just bitcoin holding alone and not other coins.
7487  Economy / Speculation / Re: Will Bitcoin die soon? on: June 24, 2017, 09:04:30 AM
bitcoin is nt going to die soon., or anytime soon., but indeed the fees are increasing and in some cases the time to confirm the trsanaction., but btc is here to stay.
The fees is a big deal for people like me as a bitcoin user, i choose bitcoin because its fees are very affordable and it transaction speed is faster compare to the things that i used in the past years and if the fees will keep on increasing then i will not use bitcoin anymore and i will just find something better for bitcoin and if the majority or most of the bitcoin user will do the same thing then it will make bitcoin die.
7488  Bitcoin / Bitcoin Discussion / Re: Saving bitcoins on: June 24, 2017, 08:41:55 AM
If I decided to save bitcoins in bank, how will deposit rate be changed compared to dollar or other currencies? Will it have much lower percent?


I think no bank has accepted Bitcoin at all so it is impossible to send bitcoin to the bank
It is possible because you can withdraw your bitcoins like in coinbase to your bank account and it will become fiat currency. The impossible thing for me is to make bank and bitcoin together like they are just together, banks are accepting bitcoin as money deposit and also having bitcoin atm to their banks.
7489  Alternate cryptocurrencies / Altcoin Discussion / Re: A Stellar Reason to Own Bitcoins This Weekend on: June 24, 2017, 08:26:49 AM
Holding Bitcoins is good. But this weekend it's even better than normal. That's because anyone with bitcoin is eligible to receive almost 1000 Stellar Lumens (current value about $40 USD) per bitcoin.

Details of the airdrop can be found here:

https://www.stellar.org/blog/bitcoin-claim-lumens-2/

https://www.reddit.com/r/Stellar/comments/6bhu05/everything_you_need_to_know_about_the_stellar/

The airdrop will be based on a snapshot of the Bitcoin blockchain with the first block mined on June 26 (UTC time). If you have BTC on several listed exchanges (such as Poloniex and Kraken) you will get your Lumens automatically is my understanding. Note that bitcoins loaned out on Polo for margin trading will not be counted, AFAIK.

Otherwise, you need to have your BTC in a wallet for which you can Sign to prove ownership. (You cannot do this with most exchanges and some online wallets). The first link above will cover the process for claiming Lumens with this path.

So if you were looking for another good reason or time to buy BTC, this might be it...
It is good to see some airdrop for just holding bitcoin and it seems that they are promoting two coins at the same time which is stellar lumens and also bitcoin and i can say that they are both good coin to have and hold for long term because bitcoin has a lot of potential and i do believe that the forked coin called stellar lumens of ripple (XRP) is have more potential than xrp.
7490  Economy / Trading Discussion / Re: I want to invest in BTC should i do it now or wait til after August 1st? on: June 24, 2017, 08:14:13 AM
You should do it now because the price of bitcoin is good to buy as long as it is below 3,000 USD and the price seems to pump after the event in august 1st which is the fork and if the segwit fork will become successful then the transactions will become faster and it will be the reason for the demand to become more and it will make the price goes up. So i think buying now is worth it than buying after august 1st.
7491  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be used by ordinary citizens? on: June 24, 2017, 07:59:58 AM
Definitely, everyone can use bitcoin even ordinary citizens as long they acquired proper knowledge on how to use it. Even they have limited knowledge about technology they can easily use bitcoin with proper guidance. Thus, many people here in my country can easily adopt the use of technology even bitcoin too.
Yeah, i agree with you. As long as a person have knowledge about bitcoin like how it works and how to use it then they can easily use bitcoin even they are just ordinary citizen and that is what we should work, we should work for the citizens awareness about bitcoin and also we should try to manage in teaching them so they can have knowledge about bitcoin and we will have a chance to get involve them in bitcoin that can really change their life.
7492  Bitcoin / Bitcoin Discussion / Re: Volatility - major reasons for ?! on: June 24, 2017, 07:49:40 AM
The demand s one of the major reason of price volatility and we will not have that volatility if the demand is not increasing or decreasing. Bitcoin is a decentralized coin and it means that bitcoin is only depending to the peoples demand and if that demand will change then it will reflect for volatility of the price of bitcoin. That is the only thing that i can see for the volatility of bitcoin.
7493  Bitcoin / Bitcoin Discussion / Re: Bitcoin market crash on: June 24, 2017, 07:38:04 AM
I'm just curious. What if bitcoin and any other alts market fall and you invested all your money into this. Would you rather do Panic Selling? and How would you compensate all your losses?




No i will not do panic selling and i will do the opposite of it which is panic buying because panic buying is one of the best thing to do when the whole market is falling down because it like the sale of the worth it things and just like a normal buyer, you will buy if there will be sale event so you can buy more and save money at the same time.
7494  Bitcoin / Bitcoin Discussion / Re: Bitcoin is the ticket to heaven ... on: June 24, 2017, 07:13:15 AM
Yes indeed! Bitcoin is the ticket to heaven because if we reach heaven then we are able to do the things that we want and the heaven for me is buying all the things that i can't afford before and having the power over people because of the money that i have got. That is the meaning of heaven for me and i am able to reach that things if i will do my best in bitcoin.
7495  Bitcoin / Bitcoin Discussion / Re: What are your thoughts for Bitcoin in 2017? on: June 24, 2017, 06:33:59 AM
bitcoin is on its way to 10k real soon and later 20k. thats what i think.

The price of 10,000 USD for bitcoin is not reachable for this year because there will be a lot of challenges for bitcoin to face and the dumps and pump for bitcoin is not avoidable so the process or progress of reaching 10,000 USD price for bitcoin will not be easy and it will take more than 2 years for bitcoin to be able to reach to that point.
7496  Bitcoin / Bitcoin Discussion / Re: So Bitcoin is better than Gold? on: June 23, 2017, 08:20:11 AM
Recently, there are some advantages that make Bitcoin better than Gold, especially for the millennium generation that understands digital currencies better than baby-boomers. Bitcoin is an easy medium to make payments around the world. But on the other hand, gold has its own advantages as well that can be used as a direct gift, such as jewelry. The policy of choosing to invest with bitcoin or gold is in your own hands.

But, Bitcoin will never be better than Gold. Gold is volatile not like Bitcoin. If the Gold price goes down, It doesn't go down like Bitcoin which loses 100s of dollars at once. The best investment is Gold it always helps you in your hard times. Save it for the future if you have some extra money.
But we also know that the price of gold is around a limited value and it stay at there and we know that the price of bitcoin go up and down but in real it is in the upward direction and in the longer period we notice the price of bitcoin increasing up.
Yes it is right that the price of bitcoin is around a limited value we can say that it is near to stability which the traders do not like. The traders do not get the profit in that assets which do not have fluctuations in the price that is why they all now like to do trade in bitcoin which is fluctuating more.

I you're going about day to day basis or week to week or anything then you can see that the price would go down for about a few hundred dollars and etc but if we see it in a larger picture like yearly, the price of Bitcoin doubles as it was in the previous years. I still think Bitcoin is better than gold. Though there are thing that Bitcoin can do and Gold can't but there are also things that Bitcoin can't do and Gold can. It's up to you.
If we are just going to base on the price movement of bitcoin than gold then it is bitcoin for sure because it has a very fast moving price and we can easily get profits in just a short period of time unlike gold that it will take a lot of months or even years to just earn some good enough profit to buy expensive things like cars, houses etc.
7497  Alternate cryptocurrencies / Altcoin Discussion / Re: what is the future of the crazy ICO market? on: June 23, 2017, 08:03:43 AM
Some of the ICO right now will just be succeeded in long term and most of them will just create hype and it will be gone as well as the team and development. So it is best to be careful in investing in ICO because they are all mushroom that are keep popping out now and if you are just greedy and all you do is invest and invest without research and proper source of decision then you will just get rekt and lose money.
7498  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be used by ordinary citizens? on: June 23, 2017, 07:37:41 AM
Definitely, everyone can use bitcoin even ordinary citizens as long they acquired proper knowledge on how to use it. Even they have limited knowledge about technology they can easily use bitcoin with proper guidance. Thus, many people here in my country can easily adopt the use of technology even bitcoin too.

Yes everyone, poor, middle class or even rich people can use bitcoin. There's no racism and prohibition when it comes to usage of bitcoin.

As long you have internet, bitcoin wallet address and you know how to use bitcoin then you are good to go.

Even young and old as long has the enough knowledge on technology they are fine to do so.
I agree with you, there is no requirements in using bitcoin aside from having interest, internet and also device or computer that can be used to transact or do bitcoin. Even you are just a poor man but you have determination in bitcoin then you can be rich because it is already proven by a lot of people that i know and they are came from nothing, from bottom and now they are all in the top.
7499  Bitcoin / Bitcoin Discussion / Re: How many people are asking you about Bitcoin now? on: June 23, 2017, 07:24:31 AM
For the past week, about thirteen  of my friends and classmates are asking about bitcoin. They ask about how do I transact with it, what is it really and how is it possible that they can earn from it. They are also eager to earn bitcoin because They have seen a lot of people online claiming that they have earned a lot with bitcoins. Now, They want to know the process And a whole lot more about it.
That is a proof that the name of bitcoin is keep on spreading to different places and if you will have a chance to teach them then, teach them because sharing is caring and if you will teach them and someday they will be like you or more than the things that you have reached then the good karma will come and for sure you will have a good exchange for your kind hearted teachings.
7500  Bitcoin / Bitcoin Discussion / Re: Bitcoin is still faster than Paypal. on: June 23, 2017, 07:12:41 AM
Yeah bitcoin is still faster than paypal because even though the fee rises a bit, it is still affordable and much better than paypal because paypal is not that affordable to use and there is risk in using it like chargebacks that can be a cause for scamming while in bitcoin there is just peer to peer payment system that makes its system one of the greatest.
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