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81  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: October 26, 2017, 08:44:11 AM
Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
No. I don’t think that bitcoin would have been this popular if it had s stable value. This is because firstly bitcoin is mainly used to make money. So one can male money with bitcoin because it’s value fluctuate a lot so there is high chance of it increasing resulting in increasing your invested money. So the more you invest the more you can earn. Bitcoins greatest weakness is its greatest strength that it is decentralised.
82  Bitcoin / Bitcoin Discussion / Re: Do you believe that digital currencies will replace Fiat? on: October 26, 2017, 02:08:12 AM
I know it may not be possible right now, but do you think fiat will be gone in the future?
Bitcoin are growing very fast and have reached very high heights of success and in this journey it has gained a lot of popularity and users but still I don’t think that bitcoin will be able to replace fiat money. Since firstly, fiat money is way more popular than bitcoin and has more users than bitcoin also. Secondly it is more stable and it’s value does not fluctuate whereas bitcoin’s value fluctuate a lot. Then fiat money is regulated by government leading to making it more stable whereas bitcoin is not regulated by any government and therefore it is less stable form of currency.
83  Alternate cryptocurrencies / Altcoin Discussion / Re: Which Altcoin are you going to invest in now? on: October 26, 2017, 01:32:27 AM
Hi,

We all know the fork is going to happen very soon and the alternative coins are at their lowest price. I want to invest a small amount into some of the coins but not sure which ones. So my question is what are you going to invest in or have recently invested in? And how much?

I'm looking at one or two of following:

Waves
Xtrabytes
Komodo
Walton

Can't make up my mind yet. Maybe you can help me.

Cheers
I would really like to invest my money in MONERO, LITECOIN, waves and RIPPLE. All of these coins are based upon unique ideas and can show really good amount of growth in future.
WAVES is a project in which you should surely invest as many people regard it as the ethereum killer and believe that it will replace ethereum in future and will host most of the ICOs in future.
RIPPLE is a project based up on the idea of global banking and global value transfer. Many banks have partnered with ripple and hence this project can show tremendous growth in coming years.
LITECOIN is a project which is known for its quick transactions. It is almost 4 times faster than Bitcoin as it has a block time of 2.5 minutes. You can expect it's price to be above 500$ in 5 years.
MONERO is based ion the ideas of privacy and the transactions are completely secure and untraceable. The price of monero will surely be above 200$ within 2-3 years.
84  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: October 25, 2017, 06:17:09 PM
Does anyone have any idea how many people are using gold as a store of value vs btc?  And how long do you think until we have the same user Base as holders of gold?
Even though bitcoin has defeated gold in terms of price but still gold is more valuable and I would personally prefer holdings of gold versus holdings of bitcoin any day any time since firstly, gold is way more popular than bitcoin among the people. Because of which there are more gold users than bitcoin. Gold is a precious metal and has physical entity whereas bitcoin is a digital currency. Then value of gold is stable and does not fluctuate whereas bitcoin’s value fluctuate a lot. Then gold is centralised as compared to bitcoin which’s decentralised.
85  Bitcoin / Bitcoin Discussion / Re: So Bitcoin is better than Gold? on: October 25, 2017, 05:40:50 PM
So Bitcoin is better than Gold? Roll Eyes
Even though bitcoin has escalated over gold in terms of price but still I don’t think that bitcoin is better than gold because firstly, gold is way more popular than bitcoin among teenagers and other age groups than bitcoin. Then gold has way more users than bitcoin. Then gold is more stable than bitcoin its value does not fluctuate whereas bitcoin’s value fluctuate a lot. Then gold is regulated by government whereas bitcoin is not regulated by any government. So because of these reasons bitcoin is not better than gold.
86  Bitcoin / Bitcoin Discussion / Re: Can cryptocurrency make real money disappear? on: October 25, 2017, 04:11:32 PM
What are the chances of living in a world with no actual money ?  Shocked
Bitcoin is doing really great and is at its top. Bitcoin has gained a lot of popularity and users since it had started and they both are growing still. But still I don’t think that bitcoin can replace money from the world because firstly, money is way more popular than bitcoins and it has way more users than bitcoin. Secondly, money is a stable form of currency so it’s value does not fluctuate on the other hand bitcoin’s value continuously fluctuate. Then money is centralised leading to increased stability whereas bitcoin is decentralised.
87  Economy / Economics / Re: How can we make more money? on: October 25, 2017, 12:09:22 PM
What are the things to do to succeed in trade? What are you doing to make your business bigger?
How can we make more money?
Bitcoin is a very good platform for making money because it provides various ways by which one can start making money on the go. This quality of bitcoin has made it more and more popular day by day. Firstly one can start making money by bitcoin mining. Then one can enroll in a signature campaign where one has to post regularly on relevant topics and then they are paid accordingly. One can also trade bitcoin to say start making money. One can lend bitcoin as a loan and cans make money on the return.
88  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: October 25, 2017, 09:35:45 AM
Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
No. I don’t think that if bitcoin had stable price then it would have been this popular and users. This is because then there was no difference between banks and bitcoins. The matter of fact that people go for bitcoin over banks is its instability because of which its price fluctuate and have a high chance of increasing resulting in increase in your invested money. So bitcoins biggest weakness is its biggest strength which is it being not stable and not regulated by any government. Which has lead to its increased popularity and users.
89  Economy / Economics / Re: Bitcoin or gold? on: October 25, 2017, 09:00:09 AM
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
Although bitcoin has defeated gold in terms of price but still don’t think that it will be able to replace gold and lead to its disappearance, this is because firstly, gold is way more popular than bitcoin among people of all ages which has lead to increased usage which is way more than bitcoins. Then gold is more trusted than bitcoin. It is stable and centralised whereas bitcoin is not stable and is decentralised. Then gold has a physical entity whereas bitcoin is just a digital form of currency.
90  Other / Off-topic / Re: Young people should go all in on bitcoin on: October 24, 2017, 08:12:40 PM
Forget about everything else and just put everything on bitcoin. You are living with your parents, they pay everything for you, you got nothing to lose. If I was living with my parents, I would save everything and buy bitcoin monthly. If BTC doesn't keep rising you can still reach the 21 BTC holder group, then save this and retire in 10 years when the price makes you a millionaire.

Go all in on regret later. You are on a privileged position to profit from high risk high reward moves. No risk no win, and BTC is the best long term high risk bet.
I know bitcoin is doing great and has achieved high amounts of success since it had started. It has made many people rich because it’s not regulated by any government and is not stable because of which its prices fluctuate and there is a high chance of prices going up. So the more you put in it there is more chances you will get back more in return. But I still don’t approve putting all in bitcoin because of the same reason that it’s not stable so there is a very high risk of price dropping too and can cause a great loss.
91  Economy / Economics / Re: How to make money only with BTC on: October 24, 2017, 02:41:28 PM

I hear many saying they don't mess with altcoins...how do you make money with btc?

Just buy the dips, sell for usd (or other fiat), then buy back in...rinse and repeat?

I'm not talking about long term holding but about how to build up your bitcoin without touching alts.

Thanks


Bitcoin is a very good platform for earning money and become financially strong enough and become rich. This is all because bitcoin offers many ways to earn money and get started. Firstly one can start earning money by bitcoin mining. Second one can start trading bitcoin to earn money. Then one can also lend bitcoin as a loan and can earn money on the return. One can also get enrolled in a signature campaign where he or she has to post on relevant topics and then they are equally paid according to the quality of their post. Bitcoin gambling is also a thing where one can gamble the bitcoins and earn lots of money. But as it is gambling it’s a very risky job.
92  Economy / Economics / Re: How can we make more money? on: October 23, 2017, 07:24:32 PM
What are the things to do to succeed in trade? What are you doing to make your business bigger?
How can we make more money?
Bitcoin is a very good platform for earning money because it provides various ways to earn money. This quality of of bitcoin has made many people financially strong and have ultimately leading them to becoming rich. Which has lead to increase in bitcoin’s popularity also. Firstly one can join signature campaigns where one has to post on relevant topics and then they are paid accordingly paid. Then one can start bitcoin mining where one can earn money. Trading and lending of bitcoins also increases ones probability of earning more money.
93  Bitcoin / Bitcoin Discussion / Re: Will bitcoin replace gold? on: October 21, 2017, 04:59:36 PM
Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
No. I don’t think bitcoin will replace gold. Although prices of bitcoin have escalated over that of gold. But still it won’t be able to replace gold because firstly, gold is much more popular that bitcoin because of which it is being used much more than bitcoin. Gold is much more trusted by bitcoin because of which people invest in gold way more than that they do in bitcoin. Then gold has a physical entity and is a precious metal whereas bitcoin is just digital currency. Gold is a stable form of currency which means that its value does not fluctuate. Whereas bitcoin is not stable and it’s value fluctuate. Then gold is centralised which increases its stability and does not let it to collapse whereas bitcoin is decentralised and can collapse.
94  Economy / Economics / Re: Bitcoin can not replace fiat on: October 21, 2017, 12:36:29 PM
Yes, got you intrigued, didn't it?

Bitcoin is a very good thing to have as an asset. Just like gold. Even better if I may say. It's secure, and unlike fiat money it actually exists and work is put into it to produce it. This makes it great to store value.
However, it cannot and will not replace current fiat money that the entire world it using. It just cannot.
Take paying a cup of coffee for example. To pay your coffee with bitcoins, one must get bitcoins first, either by mining or buying bitcoins with other kinds of money (*cough*fiat*cough). It ends up being a quite complicated process, don't you think?
Until we reach the point where paying for a cup of coffee is as easy with Bitcoin as it is with cash, we will never get mass adoption. And as far as I see it, there is no way of simplifying the acquiring of bitcoins.

Yes. I do believe that bitcoin can not replace fiat money. This because firstly, fiat money is much more popular than bitcoin that it why it used intensively. Secondly, it has physical entity whereas bitcoin is digital. Then fiat money is stable currency which means that its value does not fluctuate often whereas bitcoin’s value fluctuate every minute. Then fiat money is controlled by government hence more stable and does not collapse whereas bitcoin is not regulated by any government and can collapse.
95  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: October 21, 2017, 08:16:50 AM
For the first time, when I look at the offers on LocalBitcoins.com, there are a half-dozen currencies ahead of the US dollar, offering a higher price for Bitcoin than US dollar users.

Euros, South African Rands, New Zealand Dollars, Hong Kong Dollars, Polish Zloty, Malaysian Ringgits.

It is no longer just the US, EU or even China driving adoption.  There is a market for Bitcoins in major countries all over the world.
Yes. It’s true that bitcoin is becoming a global currency. It is evident from the increasing prices of it. Bitcoin has gained a lot of popularity and users since it had begun. This had been possible only because firstly, bitcoin is universal. It can be used anywhere in the world without the hassles of currency exchange whereas fiat currency are restricted to only one country. Secondly, bitcoin wallet is completely safe. So now your money is safe too unlike cash which can be stolen. So by seeing all these benefits people are starting to adopt bitcoin and soon it can become a global currency.
96  Alternate cryptocurrencies / Altcoin Discussion / Re: Alt coins worth buying on: October 19, 2017, 03:25:42 PM
I've been reading through this forums for the past few weeks and all I see is "this coin is dead" or "everything is a shit coin". Is there any alt coin with potential to invest in or is it only bitcoin? I don't mean like a few here and there, I mean over 100 coins.
I will suggest you to buy :-

1. CIVIC - based on the idea of low cost identity verification with help of Blockchain technology. The project has alot of real world applications and have alot of potential to grow.

2.GOLEM - golem is a coin based upon the idea of decentralized super computer to which everyone has access to.

3.LITECOIN - ALMOST 4 times faster than Bitcoin as it has block time of 2.5 minutes. Transactions are lightning quick and the fees is also very low.

4.MONERO - it is a completely anonymous coin ask the transactions are secure and private. The coin is completely untraceable and securing the privacy of the user is the first priority.

5.RIPLLE -it is a cook based upon the idea of real time gross settlement and global banking. It has been adopted by various banks and companies and has alot of growth potential.
All of these coins are very popular and are based on a unique idea. You can expect really high price of these coins in the future.
97  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin To 25,000.00 $ In Five..... on: October 19, 2017, 10:18:42 AM
Top strategist Tom Lee says Bitcoin is going to 25,000.00 in five years. Well looking at this year you would say why not. The bullishness is there and to me the people like it. The Cryptocurrency is here to stay and it will become a major part in finance around the world.

Can not wait to see whet happens in Five.......
BITCOIN is the most popular cryptocurrency available in the market without any doubt. It's demand is increasing everyday which is making it more and more valuable everyday. Many people have started to consider it as one of the world's fastest growing investments. It has alot of potential to grow in future.
Anything is possible and no one can predict the future but Looking at the current growth rates, I think that the price of 25,000$ is very much achievable for Bitcoin.
98  Alternate cryptocurrencies / Altcoin Discussion / Re: Your favorite coin for investment on: October 19, 2017, 06:01:59 AM
Coins without a core wallet or with a small capitalization do not participate in the survey
My favorite are monero, litecoin and Bitcoin. All of these are really popular and can show good amount of growth in future.
Bitcoin  being the fisrt crypto is the most famous coin out there. It is the safest coin if you want to invest and hold in future. You can expect it's value to climb above 10,000$ within 2-3 years.
I like monero as it is one of the most secure coins available in the market. The transactions are completely anonymous and untraceable. You can expect it's value to be around 200$ in one year or so.
Ok like litecoin as it is almost 4 times faster than Bitcoin and transactions are lightning quick. You can expect it's value to be above 200$ in 2-3 years.
99  Alternate cryptocurrencies / Altcoin Discussion / Re: BEST NEWCOMER TOKEN IN THE LAST FEW MONTHS!! CAST YOUR VOTE!! on: October 18, 2017, 08:17:32 PM
BASIC ATTENTION TOKEN (BAT) is a very good And unique project launched this year .the token is based upon the idea of digital advertising .It is a token can be used to obtain a variety of advertising and attention-based services.the team is also very strong comprising of the founder of JAVA and cofounder of Mozilla.the coin can surely grow in the future and you can expect a high price of it.
you can also check out CIVIC which is a low cost identity verification project based upon blockchain technology. This token also has a strong team and the founder VINNY LINGHAM already runs a million dollar company .
100  Economy / Economics / Re: Bitcoin has defeated gold on: October 18, 2017, 04:18:31 PM
Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
I think that Bitcoin has only defeated gold in terms of price and rate of growth. No doubt, you can expect higher returns from Bitcoin in less time but you can't deny the fact that gold is still the most popular investment in the entire world and almost everyone anywhere in this entire world would like to invest in gold. This popularity is what makes gold the most secure and safest investment in the entire world. Bitcoin has to go a kind way if it wants to be as stable as gold.
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