One of the important factors was the economic changes in China and India. Don't forget that more than a quarter of world's population is in China and India. A big chunk of that turned into a better form of currency, Bitcoins.
That's true and acceptable. Bitcoin got fame due to the increased miners in China. On this basis bitcoin has some relation with the China's economic situation. Also now India is playing a big role after demonetization, which grabbed the attention of lots of common people towards bitcoin in a short period. This too an factor for the ongoing price peak. |
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The better news is acutally not that Bitcoin price reached $1,000 again but Bitcoin reached a new all time high market cap.
Back in the end of 2013 when Bitcon first reached the $1,000 level, market cap was around $10 billions. Today it is $16 billions. Bitcoin's total value has increased by more than $5 billions.
With such an increase in market capital the year 2017 has got recorded as one among the best year in the bitcoin history. First is the milestone of $16 billion market cap. Secondly the increased price crossing $1000 after a long gap of 2year. Hope the price need to sustain till year end with gradual adoption. |
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Microsoft excel getting the bitcoin symbol looks like a part of bitcoin acceptance by the big corporate. This initiation help more others to start using bitcoin symbol into their applications, which helps in the spreading of bitcoin. I believe the first comer will benefit high, likewise Microsoft surely benefits high with bitcoin in the falling years.
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recently i have started keeping logs of all my bets in an excel spread sheet so that i can see how much i am gambling each month in total and at the end of the month i can tell if i was successful or not.
how many of you are doing the same as i am?
That's a good start, keeping a log always makes gambling effective. Based upon the loss and win recorded you can select whether to continue gambling or quit. This serves as a proof who don't believe in your winning. |
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Though several gambling websites have got existed, only few websites have given the easiest access and timely settlement. On account of this, for sports betting directbet is much preferred. Even today the very first day have lost 0.06 btc in gambling.
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Hi everyone, I've been a reader of that wonderfull forum for a while and I'm jumping in for the first time  I've searched that topic deeply for days and days, found some interesting things about that (even here) but no clear answer so I'm starting a new thread to get as detailed informations as possible (many thanks in advance ). I actually have two questions: - Q1: Banks are usually not huge fans of crypto related businesses but I suppose that the big startups around (Kraken, Bitfinex, Polo, etc.) all have bank accounts but my question is: which banks are 'Bitcoin friendly' (or at least Bitcoin tolerant) to start a business with? To specify my question, if I'd like to create a Bitcoin based startup, where should I look at (I'm in Europe)?
- Q2: Is there such a thing as a 'Bitcoin based' bank? To put it differently, is it possible to get rid of banks totally? The idea would be to have a blockchain based system capable of dealing with SEPA (direct bank debit) or things like that, just like Paypal but based on cryptos?
Many thanks in advance for any enlighted answer you may provide  Those questions are asked many times here and i can`t seem to find any good answers too. I don`t know anything about "bitcoin friendly" banks. Bitcoin is an anti-bank currency. Bitcoin was created to get rid of Banking system, in bitcoin the users are the bank and the wallet are bank accounts, Bitcoins give freedom from heavy transaction charges, fast service and high security. That's true bitcoin has evolved as an alternate solution for banking, so such a bank with cryptographic currencies is not necessary. As mentioned even the heavy transactions that is not possible with banking can be made by bitcoin. This itself a strong proof that bank with crytocurrencies is not necessary right now. In future things might change according to the growth experienced. |
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Hello guys I have join many groups and admin of most of the groups.In these group people help each other to get referral i can easily get 100 referral. But is there any btc site who pay per referral signup???or pay more commission on referral faucet??? i saw a site who give 10k or 20k satoshi's for active referral i try and it was a scam.. So i came to this forum for help tell me sites names  Try with epay.info, you might get several referral links as well its been considered one among the best faucet website. You will be paid good and timely payment into the wallet is assured. |
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Gambling can be considered as a profitable activity, but every user who needs profit has to follow few of the basic procedures. Only then it would be easy to communicate and make high participation into these activities.
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i think there is , but not many because i think users bitcoin average 22-40 .. just little users under 20
Yeah I do think so. But it is a problem if people who under 18 years old keep gambling because it is definitely illegal. Bitcoiners, in my opinion, have to do something to stop them from gambling. They do not have enough knowledge about what they are doing. Bitcoin as a form of digital asset is used little by the users below the age of 20. Possibly this trend increases later when youngsters show interest on earning in their teenage itself. At the same more and more start to develop their own digital currency. |
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Yeah, it is right bitcoin has no physical appearance because it is a digital currency, and it is a reason that people like it because it is different and new technology. I used it because bitcoin give me a different ways and seriously i like it because bitcoin and other than crypto currencies belong to online to online, I like to use it in this way, And in my point of view, i believe that bitcoin would be a part of future currency.
Now itself its getting served as of digital as well currency network. In the future it will remain the same, as the other competing digital currencies were built following bitcoin. Another important thing is that if bitcoin gets the access to use offline sure the user profile increases than the present. What the above mate quoted doesn't seem to be the real fact. |
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I don't think it's true, based on my own experience.
From maybe 50 people I know personally, let's say, maybe 40 using Internet.
From this 40 maybe only 10 using Internet for more serious things like online shopping etc.
How many know about Bitcoin?
I think 5-6.
Others just don't care about such things.
It's still reality and we have to be aware about it.
I had the same experience as you had and I agree with you. But bitcoin is just beginning and we need to see the bigger picture. Take a look at the coming 20 to 30 years. Bitcoin will be famous and will be used widely more than today. The volume of transactions will be massive if the code and algorithm is well maintained till then. yes that is right, the users of bitcoin are increasing continuously and hope that very soon majority of people will be using bitcoin after 8 to 10 years, bitcoin really need to maintain the algorithm for smooth increase of bitcoin. Over the years bitcoin users will increase high, also the user profiles increases gradually compared to other mediators similar to paypal. The reason is that, bitcoin doesn't popularize itself through advertisements, social media or through other sources. It is getting spread through the one who feel it advantageous. |
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I don't think so that bitcoin can make banks disappear as many countries don't recognise or even legalise bitcoin so bitcoin making banks disappear would be very hard
Think in this way. Though bitcoin is not legalized in most countries, it has grown high with its enormous potential. So anything could happen. None can assure that bitcoin replaces bank, only the ongoing adoption in terms of users and adoption of technology just paves way to go mainstream similar to banks. |
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I wish bitcoin to survive long to give life to more and more users directly and indirectly. The present price itself seems good to have a comfortable living in a third world country, if he can earn at least 1btc. Earning access needs to be increased for the better profitability.
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In the future, the present generation kids make history with the revolutionary digitalization in all sectors. One such example is the YouTube link. These days kids are not considered as kids and were taught to earn which makes them loss humanity at some situations and gets addicted to technology. So in my view everything needs to be taught on their own interest, should never be insisted to learn though one knows that the kid doesn't like it.
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Gambling is so addicting because you can earn big money in an instant
But do not be blinded by big amounts of money there is no such thing as easy money.
Yup! there is not a chance in profiting so much in gambling because of a certain risk it have and you might have really be careful when you are already giving so much effort in playing this! in my advice just play a little amount of money to lessen your losses. Indeed placing bets with low amounts is the best thing you can do because the fact is gambling is not safe at all, its just all depending on the luck you need to win money. Placing bets itself is just not safe because of the amount of luck you need and with low amounts if you lose you would not lose a lot of money so that is a kind of safe. Yes, whether you will gamble with small amounts still that is not safe and that is going to make you more addicted into it, why? Because you can gamble for so many times and as long as you have money left, you are not going to stop believe me, it is happening. And the fact that by betting small amount, big return is possible that is making a lot of gamblers believe that it is possible. I think it's not a matter of large or small amounts, regardless of the amount gambling certainly makes the addict. When we win, of course we're happy and want to win more, or if lost makes us eager to return our money. Others people saw and says if we are addict, but I think it is just normal. Especially when a gambler did experience when he is betting with small amounts and he manage to win big amount from it. That will make him confident and have the guts to keep on gambling. Since he taste on how good to win big amount from small amounts. He will become eager to keep on gambling that can also lead into addiction. Yeah, winning a big amount after placing a small amount as bet happens once for a ten user. This gradually makes the user to place big amounts as bet based on higher confident and greediness which in a short paves path for losing everything in a short time, because they always have intentions to earn good in a very small time period due to continuous gambling. |
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Well, if i comparison between gambling and crypto trading, than i will choose both things. Because i am also doing both things, but which is better for me, You know sometime gambling is useful way for me. Because whenever i need money in a short time than i play it, and many time gambling help me. But crypto trading is also profitable way, but in it, we know that every step, we are not depending on luck. Because we know when price increased when we sell our crypto than don't take tension, but only need patient.
This days I will say no to crypto trading and yes to gambling cos I made a trading acouple of months back and still not profitable. But will gamble/sport bet I make quick and easy money. Trading is always better than gambling, because with gambling one could easily earn in a short time but as quoted by above mate it won't happen in every event. With trading based upon price variation to certain extent loss can be reduced, which is not possible with gambling. Gambling is similar to do or die situation. |
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As I remember there ever ask this question, it is not easy to control when you gamble greed, especially when you are winning of course you will have a sense of want to get more.
Possibly controlling greed while gambling can be done only by users who realize that they are getting into addiction. When they realize sure in a short remember the losses experienced because of greediness and try to come out of it. |
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Bitcoin didn't get into existence as a digital currency which can be used as a source for gambling, investment or for other transaction needs. Initially got existed as a payment gateway which on gradual development got used for all day to day needs.
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Money is always money, whether its earned in a right way or through some illegal activity. In my view these days human beings were not respected but money is given preference. Whether donating money earned from gambling or other forms, donation is always appreciable.
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It was really hard to make predictions especially almost hundred years from now, but, if bitcoin survives until then, it must be very well known and widely adopted by each country. I believe that almost 3/4 are using bitcoin that time even teens, and a lot of other digital currency will also discovered. The use of fiat will lessen.
it is impossible. 100 years is a period that is very far away. we can only be sure that in the future bitcoin will be increasingly used by the world community. the more people who think that bitcoin is a digital currency that is in demand. That's agreed, bitcoin will be much used by the world population. Predicting the price of bitcoin for tomorrow itself not possible, so making prediction for the future of year 2100 is highly impossible. Only based upon the ongoing growth level price can be measured but that won't be effective. |
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