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7621  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: June 03, 2017, 07:05:47 AM
Of course no. Banks is always there and now they are supporting the bitcoin. The bank will never disappear in our world. Bank and bitcoin are partner in the crypto world.
Bank will stay as well as bitcoin or any type of cryptocurrency but they will not become a partner and help each other because bitcoin is anti fiat and that is why satoshi nakamoto created bitcoin because he hate fiat because of inflation and also high fees and unsecured transactions that has been made a lot so satoshi nakamoto tried to fix that and he will never like to be partner with the banks.
7622  Bitcoin / Bitcoin Discussion / Re: lets see how many of you are buying this time? on: June 03, 2017, 06:39:20 AM
today's bitcoin price 2432.97 US Dollar.It is a pleasure to me as I bought bitcoins with cheaper rate.

I was in college and get money from my parents, now the price bitcoin has reached $2520 and seemed out of reach, I just buy a bitcoin once a month from the rest of the allowance (approximately $100).
Even that is just 100 USD for your savings in bitcoin per month it is still a good action that you made because you don't just stuck your money in bank or spend it on the useless things because you are putting it on bitcoin which is very great investment for the future because the price is very high and seems to climb up even more so that $100 can be $1000 or more in the next 5 years.
7623  Bitcoin / Bitcoin Discussion / Re: The Reason Bitcoin will always be #1 on: June 03, 2017, 06:26:20 AM
Users who are fanatics and loyal, people willing to sell gold to buy bitcoin, they deplete the savings to buy a bitcoin, all hope and am sure that buy bitcoin is the most profitable investment.
There is no doubt that bitcoin is the best investment so far because of the fast changing price of bitcoin that is very attractive to all of its users and investors because it shows a great potential in long term investment that can be priced at a very high price where all of the old investors will get benefits.
7624  Bitcoin / Bitcoin Discussion / Re: Is this normal? Btc address with negative balance on: June 02, 2017, 02:10:47 PM
I don't think it is normal to have a bitcoin address or wallet that has a negative value because it is like having debt and soon you need to pay that debt in order to use it again and back to normal but if i were you, i will just ignore that wallet and try to make a new one because that is not normal and it is risky to use it again.
7625  Bitcoin / Bitcoin Discussion / Re: Do the Chinese really control the majority share of mining farms? on: June 02, 2017, 12:58:56 PM
I guess they really bitcoin farm in the chinese are really big farms are almost big farm miner are in there but doesnt mean they can control the value of the coin price they are controlling it but they can do it in a sense of mining share could easily minimize the bitcoin supply and storing it to the price of the bitcoin will really get affected.
This is something amazing I heard from you how does the mining share can be controlled? I really didn’t get what really you mean by it. I guess this is not easy for someone to take the control of the Bitcoin and make the supply of the Bitcoin by their own will and how they do want to. Sorry to say but I don’t really believe this phenomenon.
If all the chinese miners will be united and make a plan for their own desire as a whole then they can really control the majority of the share of mining farm and also the part of the market because they have got the most percentage of the miners so they are getting a lot of bitcoins per day which they can use to manipulate the price of bitcoin in the market and take control of it but it seems very impossible as of now because they are not united.
7626  Bitcoin / Bitcoin Discussion / Re: In what situation would Bitcoin die? on: June 02, 2017, 12:50:23 PM
In what situation would bitcoin die ? Its million dollar question. When globally all government band bitcoin then bitcoin will die. When all people don't use it then bitcoin will die.when another popular cryptocurrency coming.
because the big user bitcoin is from China and Russia, I don't think it needs to be globally, but large countries such as the USA, Russia and China if banned then bitcoin immediately die.
I don't think if that happen then bitcoin will stay alive and it will not die because there is still a lot of supporters from any part of the world and even though they will ban bitcoin then the price will just go down and a few decrease in the number of user but in the end of the day bitcoin will stay fight and live longer than you thought.
7627  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin money? on: June 02, 2017, 12:29:33 PM
Bitcoin is also like money for me, because we can buy online, we can buy load, we can purchase online things so this is also money, I think online money that we can called it. Generally we earn bitcoin because we want to have our extra income or savings so it also a money.

Yes I agree with you that it is a money, it is indeed a money only that it is virtual.  It is not tangible yet you can buy things online like buying using money but without hassle.  No need to input many details like name, address, contact nos, etc.  All you need is the bitcoin unique address.  Plus just like money you can invest it, save it, or trade it.  Only the difference is its value or price.  It is not constant.
Yeah the price is the only concern in bitcoin because it is not fixed so there is a possibility for us to lose money anytime because the market is not centralized so the price is only depending on the demand in the market but it is also a good characteristic especially for the traders because we can take advantage of that to make money.
7628  Bitcoin / Bitcoin Discussion / Re: Buying Drugs with Bitcoin ? on: June 02, 2017, 12:13:12 PM
Buying drugs with bitcoin could be, all things worth being exchanged for drugs, cars, homes, dollars can be exchanged for drugs. But drugs are illegal and should not be used. There is no benefit that we can use drugs. I do not want to touch drugs, I also do not smoke and drink alcoholic beverages
I know of a guy who’s into marijuana who uses bitcoin to pay for his transactions. For him, it is more of a recreational drug that does him more good than harm. It just so happens that it is still illegal in a big part of the world, but when it becomes legalized, the bitcoin market for it would surely surge.
So that guy is using both items for his good because bitcoin can help him in a good way which he is not traceable because of being anonymous while marijuana help him to be happy and safer than taking cigarettes or any kind of gateway drugs. If this two will become legal then a lot of people will be happy.
7629  Bitcoin / Bitcoin Discussion / Re: THE BEST BITCOIN WALLET on: June 02, 2017, 11:58:48 AM
Hi,

Please let's recommend the best bitcoin wallet here, since blockchain has gone south!
nobody seem to understand the platform anymore...

I recommend MyCelium Bitcoin Wallet

What's yours?
I will recommend Jaxx.io wallet because it is a multi-currency wallet which you can store different kind of good altcoins that already built reputation in the market and also it has upcoming hardware wallet which is like a cube and that is another type of good wallet to have because Jaxx.io wallet is all around you have it on mobile,desktop,extension (chrome) and also available in almost all Operating system.
7630  Bitcoin / Bitcoin Discussion / Re: Criminality and Bitcoin on: June 02, 2017, 11:43:13 AM
Bitcoin is not the problem it is the people who uses it in illegal ways are responsible. Bitcoin is not different in paper money but only in values and system. All currencies can be involved in evil transactions in any ways.
I agree with you, there is no exemption for any currency in the world because they are all connected for illegal things in the world because as long as it is money and can be send on a transaction then it can be used in illegal way, it is just coincidence that bitcoin is anonymous so it has a higher percentage in usage in terms of criminality.
7631  Bitcoin / Bitcoin Discussion / Re: What type of chatbot you would like to see? on: June 02, 2017, 11:34:47 AM
Hi,

So i am looking to make a first bitcoin chatbot! In which fields do you think they can help us in better way and save our time?

Let's brainstorm!

Bitcoin chat bot is not that easy to make because it is very complicated and a chat bot will help the people who are in need and even a person doesn't have the knowledge to help all the kind of problems that we are currently facing now so i think it is just a complicated project to make and it will take a lot of effort before you done that well.
7632  Bitcoin / Bitcoin Discussion / Re: Saving bitcoins on: June 02, 2017, 11:25:43 AM
At this time theres no bank to save bitcoin even here in my country no ATM yet. Its much better to save bitcoin to an online wallet were bitcoin price is continously increasing. Though theres a risk but I beleive it will pump this year.
You, we, All of us don't need a bank to save bitcoin because we all need a secured wallet to store bitcoin for that like a hardware wallet which have a lot of possibilities to survive for the next few years and if ever that there is a bank for bitcoin then it will not be that good for users because it means centralization so a lot of people will not use it.
7633  Bitcoin / Bitcoin Discussion / Re: Real life usage of bitcoin on: June 02, 2017, 11:12:32 AM
Don't you think price blast not correlate with its real life usage since its inception?

Its hoarded for speculative purpose but how many major cities in the world have even its ATM?

I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?

Who will accept it in store when confirmation time is so long.
There is a wallet called blockchain wallet where they have web wallet and mobile app wallet and they also have merchant app where it is designed for the people who have business that wants to use bitcoin or accept it as another type of payment option for their shop and that wallet received bitcoin instantaneously so there is nothing to worry about the future acceptance of bitcoin in the stores.
7634  Bitcoin / Bitcoin Discussion / Re: BREAKING NEWS: BTC Now Available To British Investors on: June 02, 2017, 10:30:54 AM
This is such the best news for this month, what is next in the month of july? Yeah you knew it's Australia. A lot of rocket fuel are coming and they are just accumulating the rocket fuel before the rocketship will go up to the sun and not in the moon anymore because the market will go on fire because of the hot demand that are coming in.
7635  Bitcoin / Bitcoin Discussion / Re: What do you think? on: June 02, 2017, 10:21:55 AM
No, i don't think the richest family care enough to know what bitcoin is and even if they know, they will treat it like speculative asset. And in my mind, the richest family tend to care more about real business and not some crypto.
I also think rich families are only interested in real business, but many are also praising bitcoins like bill gates saying that Bitcoin is a remarkable technological achievement, we also don't know who is rich family which may be interested about bitcoin, and invest in bitcoin because as we know bitcoin is anonymous
So you don't think that bitcoin is not a kind of business? Because for me; business is where you can get money either active or passive income and you can also get that money from bitcoin because you can get active income from it if you will do trading regularly while passive income if you will just buy and hold for long term and a lot of rich families are now getting interested with bitcoin and the rich people like bill gates is one of the pioneer of it.
7636  Bitcoin / Bitcoin Discussion / Re: Your biggest bitcoin regrets? on: June 02, 2017, 10:10:49 AM
Selling 100,000 bitcoins for £400,000... And Holding a further 100,000 on Mtgox that were lost forever in the hack Sad

Obviously at the time £400k was a lot of money and I paid less than £30,000 for them about a year earlier.
That is a huge money loss and if you will sell it now then it will cost millions and that is the biggest regret that i can have and if i were i will just always think about it before sleeping at the night and i will always blame my self for losing that can of big opportunity.
7637  Economy / Speculation / Re: Will Bitcoin die soon? on: June 02, 2017, 09:58:54 AM
I think not, it is because the user bitcoin continues to increase and is now marketcap with currently price is more than $40 m, bitcoin will die soon if the user leave and price go to floor.
That is what we need to maintain in order to make bitcoin strong and even stronger for the next months and years is to maintain its market capitalization and also the number of users and if possible promote bitcoin to the places that bitcoin is not yet popular so we can have a brighter future for bitcoin and also for our selves.
7638  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Sound Money? on: June 02, 2017, 09:46:04 AM
Yes, of course, when I can use the bitcoin to pay bills, buy online sure I'm sounding bitcoin is money, even the bitcoin anti inflation because the price bitcoin keeps up and never go down.
That is why people love bitcoin because it is anti inflation so its value will not go down but it will goes up to have more buying power for the items available in the future. Bitcoin is always sound money because it is like a combination of technology and money so there is no doubt that bitcoin can be the next big money in the future.
7639  Bitcoin / Bitcoin Discussion / Re: Hotels accepting bitcoin on: June 02, 2017, 09:34:23 AM
This would be a great news in tourism industry.It would definitely help hotels attract more tourists to visit since its a very high competitive industry.They are trying to make use of situation when bitcoin is getting popular day by day.Hotel industry comes under service sector and they have to take such steps to remain stable in the market.
If a beautiful country will allow this hotels to accept bitcoin then it will be a big boost because people who uses bitcoin will prefer to use their service instead of others. I agree to you that this would be a great news in tourism industry because we can expect more people who will travel and use hotel services because of the ease of using bitcoin and paying their expenses without worrying.
7640  Other / Politics & Society / Re: Do you think ISIS uses Bitcoin? on: June 02, 2017, 09:07:49 AM
There is a high possibility that ISIS uses bitcoin as their form of transferring money from one point to another. ISIS is a terrorist group that needs money to fund their needs for equipment so bitcoin will be one of the possible way to transfer big amount of money to that group and cash it out without being notice that is a black money.
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