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81  Economy / Services / Re: [BIT-X.com] Earn Bitcoins by Posting | Signature Campaign on: March 14, 2016, 03:15:30 PM
Are you accepting new participants??
I want to apply for a spot.
82  Economy / Economics / Re: What is your best investment strategy? on: March 14, 2016, 09:30:40 AM
I invest in bitcoin penny stocks. Bitcoin penny  stocks may not be an ideal way to invest in Bitcoin, but if you're looking for equities in this category, your options are limited.
83  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: March 14, 2016, 09:28:36 AM
I never sell my bitcoins.
I usually purchase goods /services when price is high.
Mostly they are spent for mobile recharge and purchasing clothes.
84  Economy / Economics / Re: Bitcoin worth to you or not... on: March 14, 2016, 02:08:48 AM
Bitcoins worth a lot but not more than real currency.
There are many countries where bitcoins are banned and also at present time bitcoin network is not well developed, you can not fulfill all your needs through bitcoins.
85  Bitcoin / Press / Re: [2016-03-13] Vietnam regulator warns against bitcoin on: March 14, 2016, 01:58:44 AM
Back in February of 2014, Vietnam banned the virtual currency bitcoin for use by credit institutions, citing its ease of use for criminal purposes and its high risk for investors . and in India it is not officially banned for personal use but discouraged.
86  Bitcoin / Press / Re: [2016-03-12] Bitcoin issuers face 7 years in Russia's jails on: March 14, 2016, 01:49:12 AM
Even Bangladesh has said that the use of bitcoin and other cryptocurrencies is unlawful under existing anti-money laundering (AML) statutes . Bolivia has also banned bitcoins. It is very bad news for bitcoin users.
87  Economy / Economics / Re: Why have Bitcoin instead of cash? on: March 13, 2016, 05:44:44 PM
More advantages of bitcoins over cash are :
- you don’t have to pay taxes on them
-they can't be easily stolen
-no paperwork
-irreversible transactions
88  Economy / Economics / Re: Mining coins save or sell it? on: March 13, 2016, 05:39:37 PM
At present saving bitcoin would be better as prices are low. But in near future prices will increase and if you really wish to sell them, you could sell them at that time.
89  Economy / Economics / Re: Is Bitcoins safe? on: March 13, 2016, 05:30:42 PM
Since Bitcoins operate without a central authority, supply is regulated by software as well as agreement by the network, and cannot be manipulated by any government, bank, organization or individual. Bitcoin theft is usually performed at the platform level, e.g., exchanges or wallets rather than at an individual account level, leaving the user unable to prevent these attacks. To secure your Bitcoins from theft, enabling two-factor authentication is strongly recommended.
90  Economy / Economics / Re: Why Socialism is the key on: March 13, 2016, 05:26:25 PM
There is a lot of good in socialism, it brings people equal opportunities in the future, and provides them with safety and security. Those opposed to the idea highlight the higher taxation often associated with socialism, but it really just depends how you view it.
91  Economy / Economics / Re: Is America a failed nation? on: March 13, 2016, 05:24:22 PM
America is not a failed state. Though in present scenario it is heavily indebted but it will come out of this trouble soon. It has huge army, huge power in UN and lot of resources.
92  Economy / Economics / Re: Should I believe in Bitcoin ? on: March 13, 2016, 05:17:27 PM
Buy but not with complete 10k.Go for less amount say 3k or 4k. It would be safe and you will not lose all your money in case of adverse situation.
93  Economy / Economics / Re: Will Bitcoin always be dependent on fiat? Is it? on: March 13, 2016, 05:13:47 PM
No one can predict future precisely. But for a long term it will be dependent on fiat as we don't have any regulating body yet and anyone can mine bitcoins.
94  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: March 13, 2016, 05:09:26 PM
Yes the price of bitcoin matters a lot. If it would value less then we will be able to purchase less things or in other words price of products would be higher in bitcoins. We all earn money to spend it. There is nothing like being devotee of one type of currency.
95  Economy / Economics / Re: [CHART] Bitcoin Inflation vs. Time on: March 13, 2016, 05:06:20 PM
When people talk about inflation, it's in the context of whether their money will buy less in the future, and people buying bitcoin as an inflation hedge are hoping that it will preserve their purchasing power better than the dollar.

Nobody cares about money supply except to the extent that it affects prices.
96  Bitcoin / Press / Re: [2016-03-13] Bitcoin Numbers Growing In Pakistan on: March 13, 2016, 05:02:55 PM
Pakistan is a predominantly cash economy, where many people are not comfortable making payments via credit cards which makes bitcoin extremely relevant there.this will definitely be proved as an improved way of transacting
97  Economy / Economics / Re: Long term OIL on: March 12, 2016, 04:22:07 PM
A general thumb rule is that you should invest in upstream oil companies when the crude price is increasing. When the crude price is decreasing then it is advisable to invest in downstream companiesOn papers, it looks good Investment opportunity but on the ground there is NO Long term growth story in these companies.
98  Economy / Economics / Re: The future of the paper money on: March 12, 2016, 04:13:46 PM
If digital currency will completely replace paper money then it will create lot of backlog.
People will have to wait too long for transactions.
We don't have very developed network yet still we face this problem  but only on  a smaller scale.
99  Economy / Economics / Re: Why do you buy Bitcoins? on: March 12, 2016, 04:11:43 PM
I buy bitcoins because it is a profitable investment.
I buy them when prices are low and spend them when prices are high.
I also spend them for mobile recharge   Tongue
100  Economy / Economics / Re: The future of the paper money on: March 12, 2016, 03:43:14 PM
If digital currency will completely replace paper money then it will create lot of backlog.
People will have to wait too long for transactions.
We don't have very developed network yet still we face this problem  but only on  a smaller scale.
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