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801  Economy / Economics / Re: The Real Reason to Hold Gold And Bitcoin on: April 08, 2017, 02:31:53 AM
Holding gold and bitcoin is one of the best thing to add from your plan for long term investment because if you add those two in your investment portfolio then you will surely earn money in the future from just holding and doing nothing. Just look what does the price of bitcoin in at least past 6 months and compare it now, you can see that it jumped big from that price then now. Just imagine how much you will earn if you just not hold it for 6 months Roll Eyes.
to me i think the only reason can be the price of bitcoin is increasing continuously and that is the reason that people are holding bitcoin for the price increase.
Correct and by increasing its price they have a chane to increase to profit and that is what i am thinking.
I just keep my bitcoin sometimes because i know that the price is continuous increasing and it will give more income to be vice versa in gold.
802  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: April 08, 2017, 02:25:22 AM
Bitcoin value is always matter, this is the basis of our income specially in our investments. We are here in bitcoin to get income and always look for the value before doing an investment and also in trading method value is always matter
803  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: April 08, 2017, 02:09:55 AM
Holding bitcoin for a long time is good if you start way back 2014 because price of bitcoin that time is already doubled at current price but for now much better to do trading than holding it for a long time, we should take the advantage of the fluctuation of the price
804  Bitcoin / Mining speculation / Re: can you mine bitcoin for the next 20 years on: April 07, 2017, 01:50:34 AM
I do not think that i can mine here in my country even i know that bitcoin is profitable but not in mining method here because the electricity rate was too high. Much better to do trading or other method to generate bitcoin.
This is also my reason the electricity rate in my country is very high i can not see profit if i mine, but if i am lucky that i earn much bitcoin after 20 years  why not if it is enough to built solar house bitcoin mining.
805  Bitcoin / Mining speculation / Re: I have $40,000 USD, Can I buy miners? on: April 07, 2017, 01:41:49 AM
Hi Folks!

Is there any site that can supply alot of miners?

I'm thinking of buy like 500x miners and place them in my house and buy a solar energy to get the power plugged with the miners

How much I can make from those? And it is good idea?

Need info, thanks!
It is good to have bitcoin mining and you have good amount of money to buy mining tools. But i suggest that you should mine altcoin for now but you can still get profit in bitcoin but not high. And much better to used solar energy for mining. Goodluck mate
806  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: April 07, 2017, 01:29:40 AM
This is a complicated question. The reason why banks exist is because they can do credit creation (by issuing loans.) This enables a bank to lend out more “money” than reserves (at the central bank and other assets.) Bitcoin is like “gold” and if it becomes more common in everyday transactions it would mean that banks would have to build up bitcoin reserves, in case they start having accounts denominated in bitcoin. This in turn enforces central banks to hold bitcoin in case banks have to be bailed out (if bitcoin becomes very common.)

However, in parallel there’s more development happening around the bitcoin network. Although the bitcoin network cannot handle much transaction volumes, there’s work that enables decentralised high speed transactions using the bitcoin network as a settlement layer. These technologies are named lightning network, lumino, sidechains, etc. This enables high capacity transfers completely outside the banking network. If peer-to-peer lending networks enables alternative ways of people getting loans, then the need for banks may almost diminish. At least how we view “banks” today, i.e. credit creation. These institutions will of course not disappear but transform into something else. Perhaps into something like investment funds.
Banks are just going to adapt if bitcoin becomes king, it is very likely that you will find a way to pull their trick on bitcoin the same way they do in fiat and then they will keep doing what they do best stealing people’s wealth by providing a service no one really needs.

Bitterly Truth, we can now monitored and control our money so why bother ourselves in engaging in banks and other banks activities. Our bitcoin wallet have features that are useful like banks and having low transaction fees are much more better than in banks.
Yes, but it seems that people are blind and kept ignorant about how the economy really works, so as long as they can exchange their dollar for products and services they are fine with things as they are which is a shame since things could be a lot better thanks to bitcoin.

They are blind and ignorant because fiat still supplies everything they need, they are confortable with this situation, it's normal. Currently the most people that are using BTCs are doing this because they need extra sources of money and Bitcoin is a good one. Maybe there are other people needing money also, but for any reason they don't trust Bitcoin or they think it's a dangerous currency/scheme. To say the truth I tought this before start using BTCs.
Agree with you mate, me also before i discover bitcoin i do not trust this i just trying for 1 month if this is paying, when i prove it i start putting some of my extra money as investment and then now i started to recruit my office mate to used this as their additional investment but still we used bank as our main safe keeper of our money bitcoin is just an investment.
807  Bitcoin / Bitcoin Discussion / Re: What would happen if BTC was Banned? on: April 07, 2017, 01:16:27 AM
Well in some countries, Bitcoin is banned. But eventhough they don't encourageusing it, there are still lots of people using it in secret. They cannot monitor who uses Bitcoin because one of its characteristics is you can use it even without proper identification of the user.
i do not think that bitcoin i still banned anywhere, although most of the countries have no statement about bitcoin but still it does not mean that they have banned bitcoin. hope that ver soon they will consider bitcoin as legal currency of the world.
Correct that there is a countries that bitcoin is not adopted or banned they do not want to used digital currency and their government wanting to used what is their real currency in their country. Bitcoin need more time to proved that bitcoin is very helpful for each person to increase the revenue and can make people away from financial problem.
808  Economy / Services / Re: ★★★ [NO VACANCY] NITROGENSPORTS.EU Signature Campaign ★★★ on: April 06, 2017, 04:25:16 AM
This is to confirm that i already receieved the payment in my nitrogen address thanks and more power to nitrogen and sir notaek
809  Economy / Economics / Re: Tell me your predictions about Bitcoin on: April 05, 2017, 01:15:14 PM
Most problem bitcoin may take in 5 years if probably technicality issues on the main network or on the subnetworks and some slight system issues
I do not think it will happen mate in 5 years they will upgrade their system because the continuous adoption by the people they need to upgrade their system to gives to us their great service and i think in the future the great services and offers would be much greater than the current we should continue to beleived in bitcoin.
810  Economy / Economics / Re: The best time to invest. on: April 05, 2017, 12:59:54 PM
Wait for the price to go down at 700$ before you invest, but the problem is bitcoin will never go back to that price again,so if you have the time to invest in bitcoin do it right now before its too late.
I think it will not happen make bitcoin price goes back to 700 dollar, that is why if you want to invest in bitcoin just do it now until the price are on 1130 dollar because it will increase more than of that current price and you would get great income on it.
811  Economy / Trading Discussion / Re: Is bitcoin better or paypal? on: April 04, 2017, 01:41:30 AM
For now i think yes bitcoin is much better than paypal even paypal is much adopted by more country, because we can easily earn money in bitcoin and that is much prefer for more people nowadays and also the value of bitcoin are continuous increasing while in paypal they used only dollar currency which is very stable value.
812  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum: Good alt or stay away? on: April 04, 2017, 01:10:26 AM
Stay away: because its a premined, centralised fuel, it not not even a coin so you cant compare it with good crypto like bitcoin. It is not owned by the people like bitcoin, but by bankers, and big company's they use the technoloy of it and they can set the price on what they want. Dont get trapped in this scam. Stay in bitcoin or only use it for short term pumps

Never mind, but with all its features, updates and hype, it seems like it is going to go more up.

It has very strong support, perhaps whales behind.
Yes for the coming weeks ethereum will continue to grow, and bitcoin will go down it seems. Whats wrong with bitcoin? Bearish times incoming.

After the bitcoin block size is increased, the price will go up again.

That could be right. But there will be more user increase for the Ethereum.

I think the Ethereum is more business orientated, so it might have ore rich users.
There are lot of users now are mining ethereum and they do not have any problem on it because ethereum value are increasing due to continuous increasing of the demand of the users and i think they will generate good income in this coin.
813  Economy / Marketplace / Re: Looking To Start A Small Business With Bitcoin on: April 04, 2017, 01:03:49 AM
I think to create a faucet site would be great idea to you. With commercial and good promotion in can bring you really good money. And you can create payment for users every 24 hours which is normal for many faucets alike. But for that you have to have skills in site's making or to invest in that business to some one to make it instead of you.
You need to put big amount in that business and its hard to get more users to claim in your faucet since there are a lot of competition in that business much better to find other business which the competition is not crowded. Like in your area you can do business by using the services of you bitcoin wallet you will offer it to the people in your place.
814  Bitcoin / Mining / Re: Can I make mining faster? on: April 04, 2017, 12:55:55 AM
As Clement was saying, it's too late to mine with your computer. It's too late to mine btc at all actually unless you can afford a warehouse full of equipment in an ideal location.
Mining now in bitcoin can generate income but not too high unlike before, but if you mine alt coin i think much better he needs only high power computer, high specs and also make sure that you have good internet connection and for non-stop mining you need to have back up power like solar energy for other source of electricity.
815  Economy / Services / Re: ★★★ [NO VACANCY] NITROGENSPORTS.EU Signature Campaign ★★★ on: April 04, 2017, 12:32:23 AM
Hi sir, i would like to request to change my bitcoin address for my payment i want to used address in my nitrogen site and here is my address: 12mXX4Eh1QmHgfpDsm9idH8iGghyqAdwK8 thanks hoping that i received my payment for the week in this address. Many thanks
816  Economy / Gambling / Re: Lunarbets.eu - Bitcoin Sports Betting | New and Improved Website! on: April 03, 2017, 01:41:44 AM
-snip-
Note: YOU HAD BEST ODD

No they don't. Please don't accept everything they claim at face value, and do some research. Have you tried comparing their odds with Fairlay? Fairlay has a smaller margin all of the time for the markets I checked.

Their lines are 1.93/1.93 for even NBA lines, and Fairlay has 1.96/1.96 usually, but always more than 1.93.

Seems like a very random and useless point to your post as well.

Btw im not yet read most of yours info in this main thread here, i just want to know do you had any promotion for 1st deposit? In case i miss this thread/yours reply, would you pliss reply it by PM...

They don't.

Exactly, fairlay, nitrogen offers better odds, namely lower margins, lunar should add deposit bonus with low rollover to attract more players.
Agree deposit bonus and high referral rate will much attractive for the sports betting sites and they need to put a parlay because it is good if we can bet for more games with small amount of bet but big amount of possible win.
817  Economy / Economics / Re: You should never trust banks on: April 03, 2017, 01:35:29 AM
Do not trust all banks, because the money to keep a house is quite dangerous, there is always a risk of losing them. Electronic money also does not inspire much confidence in the event of a system failure. The main thing is to feel the time of change, to withdraw your funds to another bank or invest in a more profitable operation.
i think we can trust on bitcoin because banks are are mostly supported by government therefore there is very little chance that they will scam us. i think banks will continue up to the time people will stop using fiat.
the fact that people have been rely on banks for century can't erase them from the history,
the banks will still exist in the future , digital money just an option ,
for those people who want make their live easier ,
just like when smartphone everywhere right now , there a lot of people who did not use it at all.
banks survive and are used by everyone not because their history long but because of the bank system is needed. because we use fiat so the bank will always be needed
Bank is always there and it is very trusted they keep our money safe and it has an insurance for every cents of you money kept there.
But for now i choose to put my money but not all in bitcoin than to put savings in the bank.
Bank will only offer small interest on your savings while in bitcoin you can generate of much higher that you expected.
818  Economy / Economics / Re: Spending Bitcoins on: April 03, 2017, 01:31:28 AM
I used to beat the bitcoins for the future and did not spend it. But then something happened in my mind and I almost all bitcoins invested in different projects. Just for this it was necessary to mature morally

It's not bad if you aren't going to spend any of your bitcoin and just keep on holding it for your future. You mean to say that you almost spend all your bitcoins with different projects? It's good that you did diversify your bitcoins and you are doing something for your growth which is helping the economy of bitcoin.
Spending bitcoin is really good if you are spending it on investment like ICO projects of an altcoin or what so ever.
Spending bitcoin is really helping the circulation of the supply since it is been spent and put in the market.

I don't actually get into ICO's nowadays because most of them are just the same. They are just crowd selling and collecting money from their investors and in the end they will result into the same output which is being dumped but as you said it's good for the circulation of bitcoin. It's better to spend your bitcoins for the things you really like.

Yeah spending bitcoins online is a fun and if I am in need of fiat money then I sell my bitcoins and convert it to fiat but I also make sure that I save some of them for future so that I can sell them when price is even higher which can give me higher amount of fiat in hands.
Just do as i do, spend some of your bitcoins on bills and things you need when the price is high and then buy them back when the market takes a dip. Doesn't always work out like that but you do get good at picking the dips.
That is good that you spend some of your bitcoin it will helps to increase of value. Me also i spend my bitcoin in online shop but not regular i spend once a month and if i have extra money i always deposit to my bitcoin wallet because i know that bitcoin would gives me profit of my investment. And now i choose bitcoin than bank.
819  Bitcoin / Bitcoin Discussion / Re: Japan to accept Bitcoin as payment method. on: April 03, 2017, 01:23:08 AM
japan has been a very bitcoin friendly country, and this news is just awesome! kudos Japan!!!
Very nice that bitcoin is fully adopted in one country, i hope that it would be happen in our country because i know that in our country is more bitcoin users and all of us would be happy.
I think it would be great for bitcoin to make this coin much stronger and also it helps to increase its value due to increasing of demand in that country.
820  Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC? on: April 03, 2017, 01:18:04 AM
:)Best is by far following trends on markets. Test by using only 1 mBTC, and if you're in profit after a week or so, then go gradually with higher amounts.

But the problem is when you invest small amount they will pay you on time to gain your trust and when you go with higher amount then they will simply disappear with your money so its a risk to invest your bitcoins anywhere at a moment.

I agree with you. Now there are a lot of scammers. I have been investing for several years. But I notice that this year many companies that I trusted disappeared. Now it's best to wait and not invest. Just keep it up
for now much better to keep your money in your trusted bitcoin wallet and wait for the right time to sell or do trading method for fast generate income.
But be careful on trading a lot of alt coins now are does not exist but they still available in the trading sites.
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