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7941  Other / Off-topic / Re: Any safe way to grow my bitcoins ? on: July 04, 2016, 05:35:08 AM
So the best shot from reading above is trading bitcoin in trusted markets .

Obviously, trading is a great way of growing your bitcoins, and specially trading altcoins has great potential of big profits in low time, but if you do it correctly, if you don't have any knowledge about it then firstly collect some knowledge and then step in otherwise you will lose your money in no time.
not for this time because bitcoin getting more popular for now from the impact of the halving. not recommended to try trading altcoins at this time. I think better to try bitcoin trading because I doing this, and earn a good profit for this. actually, all of this no need and speculation but needed taking act for that.
7942  Bitcoin / Bitcoin Discussion / Re: Bitcoin Halving Party 2016 on: July 04, 2016, 02:28:23 AM
At halving day the bitcoin price will halve ... simply because everyone bought for that very special day, will then find out that nothing happens, and sell again.  Wink

I do not think the price would drop the half at all. even if a lot of people sell, there are already buyers are ready to buy before the price even fall $100. you are so pessimistic
I sure the halving is not giving a collateral for you. but anything can happen bitcoin price drops at half? it's not only a dream man. we not a pessimistic people but we only became a rational and realistic people and not have a shitty prediction to always keep in my mind if bitcoin will never get a drop for their price.
7943  Bitcoin / Bitcoin Discussion / Re: Is bitcoin being used for illegal activities on: July 04, 2016, 02:22:42 AM
I think yes, bitcoin being used for illegal activites for some people, but we never know it because it's really secret and Illegal activities must be secret and nobody not know it.
everything has relationships with illegal activities is always secret to secure they from police . I think it's crazy to publish illegal activities on public.
they always are careful to take every step. bitcoin is always becoming once of the ways to doing this activity. some usefulness of bitcoin can save them from their rival or opponents.
7944  Bitcoin / Bitcoin Discussion / Re: How to Grow my Bitcoins. on: July 04, 2016, 01:55:58 AM
IF you are an experienced trader use your bitcoin to buy some altcoins in that way u earn more bitcoin without risk,
secondly do signature campaigns it will help you to grow your bitcoin and also hold them.

The best thing would be to join a signature campaign and earn bitcoins from it, trade altcoins with the amount you earn from signature campaigns and store the coins you get from it, keep doing the same thing until you accumulate enough btc to be sold after halving.
maybe you have a good intention but i not agree with you.it's can make someone is only relying on the signature campaign. there are an other ways to earn bitcoin not only signature campaign. a lot of people only relied on this. just make signature campaign became the side way.
7945  Bitcoin / Bitcoin Discussion / Re: What's stopping people from using bitcoin? on: July 04, 2016, 01:25:07 AM
I think one of the biggest issue is the fluctuation of Bitcoin value. One day it's $637 USD another week it might be $800 USD, and one month later it might be $300 USD.

I was trying to push fourth the idea to a friend on cryptocurrencies and real life usage, for example via Plutus or any other similar platforms that helps to bridge bitcoin to the real world to make purchases on daily items. But he did ask a good question on fluctuation. At that time, I don't have an answer. Perhaps one of you might be able to better address it? If BTC isn't hedged to a local FIAT, e.g USD or AUD for that matter, then one day a coffee that's $4 USD may cost me less bitcoins and another day may cost me way too much bitcoins.

Doesn't make sense to be using much of it if it's not hedged.


Your will understand it once he go deep in knowing what bitcoin is. I was just taught with the basics and if he is really in to bitcoin then he should be the one who will be willing to get more about it. The attraction from earning free is the first goal but later on you should teach yourself.

Well you are a good listener and follower if you are just taught only with the basics. Because I taught a lot of people regarding bitcoin, but it seems they are having hard time to cope up what bitcoin really is.
But in the end they learned as the day passes each by each thing with bitcoin they are learning but they stopped when they saw the price is falling.

It's not for being a good listener or follower. They truly wants to know more about bitcoin that's why he is able to get some of advance information with only basics information as a start.

Also those person that having a hard time to cope up for really a long time teaching is really not serious about knowing bitcoin more. All they know is just to earn.

Haha! exactly what I've experience, the last time my brother wants me to learn about how to use bitcoin, then I can't understand everything so, nothing came into my mind but I just really want to earn. But when I actually really want to know about it i forced him to teach me and make me understand  what he is teaching me. Then now, I actually know how it works. Smiley
hahaha a lot of people has the same thing, in the mind only full with the way to earn,earn and ear. well just teaching if they can earn money from bitcoin for free and using this statement to lure it. I sure everybody will be interested in falling into them. but I have the same experience with you with my brother.
7946  Bitcoin / Bitcoin Discussion / Re: Should Bitcoin even have a future? on: July 04, 2016, 12:35:02 AM
of course bitcoin has no future. bitcoin is still very young and very potential bitcoin bitcoin over time continue to get a lot of users and it is key to the development of bitcoin

It has no future? Are you trying to say that it does?
It obviously has a bright future, it is infant currently and still growing slowly, getting a larger user base day-by-day.
Bitcoin have a good future... Now a days paper money are expensive to print and have a threat that people may stole that....but bitcoins are safe.... Daily new user are using bitcoins so it has a good future and its market is growing and growing Smiley
yes i also agree with you . i think bitocin has a very bright future. as more and more people are entering in the world of bitocin. i think the up commin g halving will effect the position of bitocin. i am hopeful that the prices will not be effect by the halving.
we can consider about bitcoin from their value,market cap and statistic. from we can take expectations or predict the future of bitcoin. I think bitcoin have a good future until now if I consider from some factor. and next time will happen the increases of bitcoin's era.
7947  Economy / Service Discussion / Re: News Cloud mining service: BITMINISTER Scam or NOt? on: July 03, 2016, 02:01:16 PM
I recently found this new cloud mining service:

https://bitminister.com

I think they are fairly new and IMO what they offer is too good to be true. Probably one more ponzi scam... I wanted to confirm their presence in the blockchain but I don't know how to do that.

Does anyone has any more info on these guys?



Site is very new and looking at the date of registry it was only registered April 17 2016 making it only 51 days old. IP address shows up as coming from The Neatherlands. Registrants name shows up as HARRISON ROWLEY. I tried to search for that name in the web and nothing shows up which makes me think why plaster your name as the registrant of a site and yet you are unknown which makes me think that the name is just cooked up to avoid detection. Stay away from this I guess.
I very sure if they site is create to scam a lot of people, why the scammer is not getting a bored to doing this job for earn their living. let's for next time what the best offers they can give to lure pople interested to join with them. never fall into this way, to always make your money is secure.
7948  Economy / Service Discussion / Re: Bitrapid hosting account suspended on: July 03, 2016, 01:47:22 PM
another cloudminig gone Cheesy and again My badluck because today i reached at minimum payout and I thought in evening I'll withdraw my 1st payout but before withdrawal site is down. Cheesy learned good lesson .

well i would say stay away from cloudminig sites.
once again the cloud mining site sis turning into scam site, again and again. this makes me bored to see this news. there is a people is still believe with mining cloud sites. repeatedly giving an advice on some people to stay away with them but they are always refused it.
7949  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: July 03, 2016, 01:31:38 PM
I would hold 100%, everything else is too risky and for me and 99% of people is simply too hard to make 10 BTC on this day and age. Price too high to invest near that much money.

I will also the same. If I were given a chance to receive that 10 bitcoin. Definitely I'm not going to take risk with that big amount.
I will invest it on a safe way by just holding it.
And if the price rose from the range that I want then I will just going to sell it.

That's the right thing to do as price will definitely go higher at halving so its better not to take risk by investing it as there is an chance of loosing  it.

That's true that is why many people are just going to hold it also if they are going to receive that 10 bitcoin.
And for me it is really a big amount already for buying all the things that I want.
But being wise is better and hold it longer and sell it for a better price.
10 bitcoin is very big, I can make a small business with this, the best ways for all people for this time is held and not recommended to invest in some way except trading. we can see at the halving time is coming there is a lot of people will sell all of their BTC. Do I can call this panic selling? Cheesy
7950  Bitcoin / Bitcoin Discussion / Re: How to teach someone about Bitcoin on: July 03, 2016, 11:33:15 AM
explain that bitcoin is a payment as well as PayPal and credit cards. give-step explanations. make sure they do not bother when you are in and of itself.

It is better if you are going to say that bitcoin is better than paypal. And it is a good alternative for paypal. Just explain brief and concise.
Like saying literally is a currency by itself.
And you can use it online for purchasing things to selected merchants.

The average person doesn't care about decentralization, they just want fast and cheap payments. Unfortunately the average person is too stupid to see the importance of Bitcoin, so I say forget about telling them about Bitcoin until Lightning is operative. Then when they see the speed and cheap payments they will all come.
hahaha, that's truly decentralized does not become important thing for average people. with the chap and fast transaction give a different value for bitcoin.
a lot of people is a lack of knowledge about bitcoin. well, we only easy to receive something they can easy to understand. many people will be interested.
7951  Bitcoin / Bitcoin Discussion / Re: NEver keep all your coins on an exchange on: July 03, 2016, 06:07:04 AM
Now that is happen again i guess most of traders wont gonna keep all their btc in exchange site now eventhough sites are trusted.
Is too risky to keep all of their BTC in exchange sites because any circumstances it's can happen for exchange sites. but I think all of the people is smart for now to keep their bitcoin in the private or offline wallet. but sometimes I find people who having a problem with this too. but I appreciate about this topics.
7952  Bitcoin / Bitcoin Discussion / Re: The Final countdown [10 Days before the halving] on: July 03, 2016, 02:21:12 AM

I can't believe we're not seeing a big run or a big crash with only a week away from the halvening.

We have already seen a bull run lifting the price from around $400 to nearly $800 in quite a short time. But it's not over yet. I am fairly sure we'll get another part of the bull run to start next week. Just have some patience.

Yeah and as we will go more closer to halving and we see price continue to go up in next few days it will test our level of patience as I am sure many users will sell when it will touch $800.
to measure how patiently to wait for the price increase. only a few days till halving. I very glad to wait for it. and feeling more better in my selves with hoping the price of bitcoin getting a high price more than $800. let's see what happen with bitcoin after halving.
7953  Economy / Service Discussion / Re: HashOcean disapeared and scammed 700,000 users ? ! on: July 03, 2016, 01:58:27 AM
can someone answer me a question how come bitsrapid is back???

It's just another scam , how can you tell that HashOcean , Bite miner and this Bitsrapid aren't all related ? It's more than likely the same persons behind them.
Anyone investing in those websites after being scammed somewhere else (in another cloud mining company) is dumb and deserveto lose his coins If you ask me . (and I really don't mean to be rude or anything)
different place and different offers giving a more chance for the owner to gain people to invest on them, I think you're right can be the same person in the background of this some site. and its rapid is starting to show their chance to be a scam site. well, the scammer also has a brain to think how the way to lure and get a more investor.
7954  Economy / Service Discussion / Re: Will genesis mining be profitable after halving? on: July 03, 2016, 01:42:04 AM
Genesis Mining has NEVER EVER been profitable. I have not been able to find a SINGLE person EVER reaching ROI with them.

So pls, do your calculations the right way and stay away from financing their farms.

This. And yes I speak from experience. Even though it was a small amount to try them out, it was a loss after a year. Do not invest in Genesis Mining, it's for your own good.
hahaha... basically at the first time they make cloud mining is not to give a profit for their users, only to lure people to join with them. in my opinions, if they can using their cloud mining for themselves and can get big profit from them why they want to contract the cloud mining for another people? just thinking about this. maybe they only rotate their member's money.
7955  Other / Archival / Re: Do you use bitcoin as currency or investment? on: July 03, 2016, 01:29:24 AM
i use bitcoin for both currency and investment , i use bitcoin to buy some digital needs that my work demanded to have or some others like shopping or anything i need to buy and saving some bitcoin and waiting for bitcoin price to grow to start using them.
i don't like saving money i want always to live the day like it is the last i don't really like holding.
We can use bitcoin in many stores, both online and offline. For me it's not purely an investment, I will spend it at some point and if not I will hold bitcoin for price rise.
Are serious is too rarely to find an online store or offline store can accept bitcoin in my environment, maybe it's easy in your region but different for me.
at bitcoin it's not purely an investment, have some usefulness in there. but all of it is relies on the owner, what there is want to use bitcoin. but in the different section I holding my bitcoin too.
7956  Other / Off-topic / Re: Earning a living with bitcoin? on: July 03, 2016, 01:11:13 AM
Hello guys,

how many of you are earning for living just with bitcoin base projects? If so, can you contribute what do you do?


yeah I am earning  a living with bitcoin ever I buy bitcoin when less price in bitcoin and when more increase price bitcoin . I sell also with traders and take profit

That must be very risky, as Bitcoins price swings a lot. I'm surprised anyone does it full time. That would be my dream job.
All of the people is always want this job because it's no need to waste all of their time like spending a lot of time to go to their office, not have a problem with their co-worker, and not using all of their power. just stay in front of their computer or desktop and starting to getting money from there. it's a dream job for a lot of people.
7957  Other / Off-topic / Re: Are you buying bitcoins? Why? on: July 02, 2016, 01:44:29 PM
Yeah, I'm buying bitcoin. I think bitcoin has great future ahead and it's a good move to hold it for a long term.
The main reason I'm buying bitcoin is for trading. I could get extra money by doing it. I also sometimes buy digital goods with it.
yeah bitcoin has very high potential to grow more as the market is getting bigger and bigger for bitcoin as the capital is now 10billion and more to come an i am not buying any coins at this moment but just holding what i have Cheesy

That's the right thing to do as price is going higher now, so its better not to buy now and see if price drops in next few days or not to buy some coins, but price going down seems to be difficult.

Thi is a good time to buy some bitcoins, as the price now will not drop but it is increasing and will continue to increase this whole year, so those who buy now will earn a good profit in the coming months.
No one can make a predict about bitcoin price, we don't do halving can give pumps effect for bitcoin and otherwise. it's not a good time to buy bitcoin but if you have some bitcoin better to holding this. all of this just an expectations about the best step to caught until the halving time is coming and be yourself.
7958  Bitcoin / Bitcoin Discussion / Re: Is it legal to earn and hold bitcoin ? on: July 02, 2016, 01:35:06 PM
As i am from country where bitcoin is stated to be a illegal currency so, its ok to earn form small services and signature campaign here and hold my bitcoins ?
I need some suggestions ?
I love bitcoin and i can't leave it !
I do not understand. basically holding bitcoin is a natural thing, and mean holding bitcoin is legal. there is no rule to say do the holding is illegal.
yes, holding bitcoin is surely a legal thing, it is useful for people to hold in my opinion because it allows you to make some good money really easily in my opinion

i am holding my bitcoins and it is definitely a really legal thing to buy and hold your bitcoins in my opinion, i am holding at the moment because i know that the price is going to grow
just holding it's is legal but some people have a different means, maybe the government has a thing to holding bitcoin is included in illegal activities because I sure holding it's once activity have relationships with bitcoin well the government can define this activity included in the illegal category.
7959  Other / Off-topic / Re: Bank or Bitcoin Wallet? on: July 02, 2016, 01:03:43 PM
For me i prefer bitcoin wallet than banks. Because banks are not too extensive transaction for one country to another country was very limited. And if I using Bitcoin wallet is more easy to use have low fee and you can send your money in one country to another country.

For me, you don't have to choose to both of them. Because they are both important. Banks are for fiat money.
And bitcoin wallet is for our bitcoins.
For me i also choose bitcoin because now im looking for fast income thats bitcoin is while in the bank less risk but its take a lot of time to earn an interest on your savings.
Everybody just wants to get a side income from bitcoin because bitcoin is one of the easy way to get a passive income, the bitcoin offers for who want to using bitcoin it's will get a some advantages from them. bitcoin have a various character. anytime can transform like with their situation.
7960  Bitcoin / Bitcoin Discussion / Re: People hate Bitcoins? on: July 02, 2016, 02:29:05 AM
each terorism use bitcoin, media will says bitcoin created by devil, just for terorism etc. but in fact terorism use oil market for his main money supply , but im never found oil created by devil.

media give negative feedback for bitcoin this is why people hate it.
The media is too redundant about to create some information about bitcoin, only choose the bad information and take this became a new news for the community. the terrorist earn they money from their robbery and sell this to some country having a secret relationship with them. but I not sure all of this payment is in bitcoin form.
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