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761  Bitcoin / Bitcoin Discussion / Re: So many "Where to invest BTC threads" and so few real investment options. WHY? on: January 30, 2017, 09:25:44 PM
I think there are so many threads asking for btc investment advice because people are simply too greedy.
They already have a good investment, the bitcoin. But that does not seem to be enough, it has to be more. A free advice to generate more profit without having to lift a finger.
The world does not work this way.
And the answer to the question why there are few real investment options is the fact that bitcoin already is a good investment.
Every business you put your coins in would have to earn first the amount that comes from the bitcoin price increase during the time of the investment.
And then put some interets on the top of that.
A hard to reach goal for most companies.
762  Economy / Speculation / Re: Is there any possibility of a decrease in demand for Bitcoin? on: January 28, 2017, 07:38:23 PM
When the number of new bitcoins users are joining with this industry,the network growing continuously there no possibility of a decrease in demand for Bitcoin in next future.Because of demand for Bitcoins that appreciation remains a strong possibility and combined,market observers expect that bitcoin prices will increase only.
I think the public opinion plays a big role in the number of people joining bitcoin.
When the media always connect bitcoin to criminals who make use of it, the image of bitcoin gets bad and the number of new bitcoin users decreases.
But I hope those times are over. I have noticed that news about bitcoin turn out to be more and more fair.
Maybe that is one of the reasons why 2016 was so successful for bitcoin: impartial, sometimes positive reports in the media.
763  Bitcoin / Bitcoin Discussion / Re: More than 50,000 unconfirmed transactions on: January 28, 2017, 07:30:35 PM
More unconfirmed transactions are good - more transactions = growth. It is growing pains, that is a good thing, not a bad thing.

BTC will be worth a lot more in the future IMHO. The block size issue will be solved.  Cool
But sudden increase in transactions does not indicate that its spreading because if this was due to population growing in btc then the growth would have been constant and slow. But anyways the miners are the happy people now a days I guess Tongue

I must agree to that as well.
A sudden increase of transactions in the extent as we have seen it during the past days indicates something else than a natural growth.
Most likely it was some spam effort, and I can not see much good in that. In fact it was the first time one of my transactions got delayed.
I do not see any good in that.

764  Bitcoin / Bitcoin Discussion / Re: More than 50,000 unconfirmed transactions on: January 24, 2017, 10:52:16 AM
At the moment I have a similar problem with 0.0030 btc in about 24 hours and still waiting for approval.

Segwit seems to need we need to increase the size of the block, but I can say that the source of the problem is not quite as big as the boom.

Especially for small-scale transactions it takes too long to get approval.

Same here.
Made a small purchase and used bitpay, that was 5 hours ago.
I already contacted the shop where I placed the order and they are aware of the problem, so I do not expect any trouble once the transaction goes through.
But I really hope that will not happen too often in the future.
From now on I will always controle the mempool size before I make a transaction.
765  Bitcoin / Bitcoin Discussion / Re: Bitcoin is 100% safe? on: January 23, 2017, 02:22:31 PM
Nothing is 100% safe.
With bitcoin, the biggest danger to its safety is the person who uses it.
But if you mean just the code that determines bitcoin mining, nobody has dicovered any flaws till now.
Of course that is no guaranty it won't happen in the future.
766  Economy / Speculation / Re: Bitcoin price up and down on: January 23, 2017, 02:19:05 PM
Anyone knows what month always bitcoin stabilize so

I can buy more?

Will it stabilizre in 800usd?  How many months?

Someone told me chineses control bitcoin price

Someone just sold 5000 btc chinese guy on the value of

1100 usd = 1 bitcoin



Unfortunatelly nobody knows that (I think).
If there were methods to predict the price, a lot of people would use them to get rich.
And if somebody would really have found a way to tell when bitcoin is chap, he will not tell it to anybody else. That would make his method useless.
767  Economy / Economics / Re: Do you use a Bitcoin debit card? on: January 23, 2017, 02:03:46 PM
I once tested a debit card that accepted bitcoins as a loading option.
Some online shops acepted it, other did not. Then the money was put on hold and I had to wait a few weeks until it was cleared as a refund.
Personally I do not use it anymore because most shops I intended to use that card now accept bitcoin directly.
768  Other / Off-topic / Re: Who controls the Bitcoins? on: January 23, 2017, 02:00:21 PM
If bitcoin can not be controlled, it is impossible to replace the official currency of a country. It is justified because the state had full interest to be able to control the currency. So I sure bitcoin can't controlled by anyone.
I think until whenever bitcoin could never be controlled. because bitcoin decentralization. so I was a little bit hesitant in the future is it bitcoin will be accepted by many countries or not?
Who can control a decentralized system, no one, right? We are here for that reason and we are getting the satisfaction we expected, if bitcoin will be govern by the rules of the government, we will definitely not gonna enjoy the same freedom we are experiencing now. We have to maintain bitcoin in this state as this is the only way to enjoy it's compete benefits of using it.
I still can be controlled by a group of people who have a great access to it. Currently, the Chinese have too many Bitcoin so it is no doubt that they have cause many significant effects to it and we can say that they are controlling Bitcoin in some ways.
I think it is very difficult to control bitcoin, even for china. although they have a lot of bitcoin, but I think they can only give effect to make bitcoin prices declined. not only China that has many bitcoin, but there are many other countries that even have more bitcoin.
Controls means you can do anytime if you want to move or manipulate the price, it is like a whales in the sports gambling where they can move the line if they want to. What we are seeing now is good despite the fact that prices can be manipulated, as long as we know how the price moves, we can always make a good decision not to sell and just hold it. If China controls bitcoin, so be it.

I think China does not fully control the Bitcoin but rather they have a major role in the world of Bitcoin. Even countries that have the largest Bitcoin volume is China. So China could have major implications for the world Bitcoin but could not really control it as they want like to be.

I think China (or any other industry nation) could take a massive influence to bitcoin price if they wanted to.
When you look at the current market capitalization of abot 16 billions, that is not very much compared to the money nations deal with.
They could buy and sell as much as they please and dictate by this the price behaviour of bitcoin.
769  Other / Beginners & Help / Re: Are campaigs only the major source for earning BTC ? on: January 21, 2017, 09:40:21 PM
It somehow depends on how much money is paid for an average job in the region you live.
In a poorer country for example, a good campaign can beat a regular day time job with much less effort.
In an industry nation that is going to be hard to acheive. There a real job is better, and with the earned money bitcoins can be bought.
770  Economy / Economics / Re: Difference of Trading and Investing? on: January 21, 2017, 05:32:19 PM
To me trading is exchanging one coin against another. That happens instantly and you can exchange it back every second.
Investing means to me that you give a part of your money to another person, with the intention to get one day more money back than you gave the person.
But getting your money back is not possible on such a short notice than it is with trading.
It is usually determined to a certain date, or it takes some time (in which a lot can happen).
771  Bitcoin / Bitcoin Discussion / Re: What does a President Trump mean for Bitcoin? on: January 21, 2017, 05:22:25 PM
Trump is somebody from whome you do not know his next step.
That incertainty might bring some people to put a part of their investments into now forms of investments, and one of them could be bitcoin.
On the other hand he wants to put America first and has made out China to be a big competitor for the US.
Most of the mining farms are in China, so I can imagine that if bitcoin becomes more popular, he might try to develope moves we all will not like.
772  Economy / Economics / Re: Do you Still believe in Fiat? on: January 21, 2017, 10:01:41 AM
Crypto currencies is obvious future of fiat and paper money. Will it be just bitcoin or some crypto currencies in used of future is question now. But the replacement will happen not so soon, because of there is millions of people who have no computers and no internet and even not a smartphone.

You're right so there's no reason not to believe in fiat because we currently interchangeably use them with the cryptocurrencies and we need them both to balance out ways of life. It's still early days for cryptocurrencies to completely substitute fiat.

I think that crypto is an investment option and a way to make payments, but for a small minority of people.
For most people it will always bee to complicated or not safe enough.
Those people want a certain amount of scurity, and that is something a currency which is completely under the rules of the market can not provide.
773  Other / Beginners & Help / Re: Is it worth it waiting before investing? on: January 21, 2017, 09:43:33 AM
Like many others here have already said, cloudmining is a scam.
In my eyes all investment options with bitcoins are (not trading, I do not consider that to be an investment).
If an offer sounds too good to be true, it always is.
Cloud mining services get their profit out of the greed of the people... don't feed them.

774  Bitcoin / Legal / Re: Money laundering via BTC on: January 21, 2017, 09:39:53 AM
I think that money laundering is possible with nearly everything.
Cash, bitcoins, or any other good.
But sooner or later that money has to go back into a bank account.
I think that is the spot where governments should put their eye on.
775  Economy / Speculation / Re: Bitcoin Can Hit $2K ? on: January 21, 2017, 09:35:03 AM
When 2017 started than i thought now bitcoin has started to come down, and it was but it stop $770 and than come back to rise again. So in this time, i can predict if bitcoin every month increase than definitely in the end of 2017, we will be listen a good news about bitcoin price, and may be in the next year, we see bitcoin might be crossed at $2000. But don't forget, we are just predict may be it will not be happened in future. 

Same as last year, it started at a very good price rally from December and made a drop after the drama, and hacking. It will most probably make a significant price movement at the end of this year, we could see a price increase, but to be honest, I have no idea what even will again trigger the price to go wild up in the middle of this year. To make it short, a $2k is possible by the end or the entry of the coming year.

Last year was special - because of the halving. There is no such event to drive the price up this year around.
A lot of money has to be invested for Bitcoin to cross $2k

I think that 2k are possible maybe next year.
And I do not think that there really is that much money necessary to reach 2K. Most of the bitcoin holders keep their coins.
The number of new mined bitcoins will be relatively constant for the next years, but it is only half as high as it was before the halving.
An increasing price attracts more new users, and a lot of them will turn out to be long term holders as well.
With a bigger demand and a more limited supply in the past, I see the 2K barrier fall within two years.
776  Economy / Economics / Re: Why the price of Bitcoin change more than traditional currencies? on: January 21, 2017, 09:27:01 AM
Fiat money also change every day, we don't just notice its changes because fiat on FOREX has 4 decimals 1.2345 the changes that occur on fiat money usually are noticeable only by traders.  It changes every day and the slightest chance can make a trader profit for more than a hundred already.  This don't happen on BTC and other crypto because the marketcap is just billion. FOREX are trading trillions of money everyday.
Due to that fact, most of the people the not care about the change in traditional currency. It is not significant to be noticed about. That's why more people are paying their attention to Bitcoin and buy it as a type of investment. The more fluctuating Bitcoin is, the higher chance they become rich in the future.
i think that the reason is that traditional currencies are under the control of government, therefore they can influence the price of traditional currency, while bitcoin is decentralize currency  and no government have any control on it, it is effected by the demand and supply, if the demand of bitcoin is increasing so the supply decreases which cause the price to increase.
Bitcoin price is totally determined by the laws of the market. Supply and demand rule over bitcoin.
While governments try to give their fiat a certain stability that can not be done with bitcoin.
Every wealthy investor can influence bitcoin price by changing the demand side.
777  Economy / Economics / Re: Bitcoin can not replace fiat on: January 20, 2017, 08:55:43 AM
To me I do not ask the question if bitcoin can replace fiat, because I do not think it should.
I think it's fine when both can coexist. The way it is now is perfect for me.
If I want to pay with fiat, I pay with fiat. If I want to use bitcoin, I convert fiat into bitcoin. That's the best solution I can imagine.
778  Bitcoin / Bitcoin Discussion / Re: The reason why people do not get Bitcoin. on: January 20, 2017, 08:16:22 AM
I think the main reason why most people do not use bitcoin is because to most of them it simply is too complicated.
To use bitcoin you must first understand how it all works, create a wallet and then get coins from somewhere.
That's really a big amount of time you have to put in it.
For many people that does not seem to be necessary when they can use something like cash or paypal.
779  Bitcoin / Bitcoin Discussion / Re: Will you burn your bitcoins IF something goes wrong? on: January 19, 2017, 08:27:38 AM
I don't think I would ever burn bitcoins on purpose.
After all, they are money. And I do not throw money away, no matter what.
With bitcoins, I am sure that there will always be an option to convert them into something that would be of use for me.
So no, I would never burn my coins.
780  Bitcoin / Bitcoin Discussion / Re: Bitcoin in the classroom, yes or no and why? on: January 15, 2017, 02:35:46 PM
If bitcoins are mentioned in classrooms from teachers side, then they should be integrated when the fiat systems are mentioned.
And it should not turn out to be an advertisement event for crypto currencies. Just an impartial information that something like bitcoin exists. Maybe including some benefits and disadvantages.
In maths, it's hard enough to keep up with the numbers. It would be too much if kids had to calculate in units they do not know what it is.

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