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821  Bitcoin / Bitcoin Discussion / Re: So Bitcoin is better than Gold? on: October 21, 2017, 01:12:11 PM
For now, yes. Bitcoin prices is always go up until reach the new high level although there are still volatility in it. So bitcoin become very good investment that can give profit for the owner better than gold.  But gold is also good because it is one of safe haven.
822  Bitcoin / Bitcoin Discussion / Re: What is BTC for you? on: October 21, 2017, 04:35:27 AM
Bitcoin is digital gold, now everyone is hunting for the gold because it is believed to be the world's financial system, I regret for selling 4 btc when the price is $ 4000, with this fact I will keep bitcoin in a long time.
Bitcoin is good investment for our future. There are so many countries are regulate the use of bitcoin, although most of the countrues are still considered bitcoin such as asset but, I agree that bitcoin will have important role on world's financial system.
823  Bitcoin / Bitcoin Discussion / Re: The advantages of bitcoin on: October 20, 2017, 10:52:45 PM
I like the mobility of Bitcoin as well as the transaction system. now, I am able to make payment to anyone all over the world.
And it is kinda secure and every transaction is totally transparent. i think it is one of a good Advantage of BTC.
Fast transaction  is the one of feature of bitcoin that makes it better than paper money. I think bitcoin and blockchain technology is best combination to make our transaction faster and safer. Bitcoin can not be counterfeit so it is very good as currency, there are still many advantages of bitcoin.
824  Other / Off-topic / Re: What wallets do you use? on: October 20, 2017, 10:31:54 PM
Trusted bitcoin wallet its depends on the country where you are residing here in Philippines the only trusted bitcoin wallet that commonly use by pilipino is Coins.ph that why I use coins.ph as btc wallet.
It is very important to choose the most thrusted wallet. Now, I very love to use blockchain wallet because it has big name, so I think my bitcoin is safe there. I will use hardware wallet such as trezor when I have   a lot of bitcoin I will still use online wallet to store small amount of bitcoin.
825  Bitcoin / Bitcoin Discussion / Re: How long bitcoin will survive ? on: October 20, 2017, 10:17:38 PM
There is no such thing as "bankrupt" in bitcoin. Bitcoin may lose its value, and the price may drop down extremely low, but chances are very low, unless the whole world bans bitcoin. But if everything remains stable, the price will keep on going up. The total coin supply is limited, but the demand for bitcoin will keep on increasing day by day as new investors starts to join causing the price to go up. Just simple economics.
Bitcoin price still could be fall but the probability is very very small. We are love to use smartphone and do virtual activity such as buy goods from online shop. Bitcoin is very appropriated for us, so I think people will use bitcoin when a lot of merchants accept it as payment option. I think the features of bitcoin such as limitation of maximum amount and halving makes bitcoin survive.
826  Bitcoin / Bitcoin Discussion / Re: Are We Dead Without China? on: October 20, 2017, 08:00:39 AM
Yes China has population a sizable chunk of world economy. If  Bitcoin is banned by China surely it will affect Bitcoin but will not kill the king of all coins. China is not the rest of the world economy.
Yes, so many countries interested in bitcoin now.  although china mines comprise about 70% of the world bitcoin processing power but if the china's miners suddenly stop minning other competitors would rise within 1 day. China dominates bitcoin because they know about bitcoin earlier than another countries. So I disagree that we are dead without china.
827  Economy / Economics / Re: Is bitcoin a good way to invest your money ? on: October 19, 2017, 12:39:18 PM
In a way yes.It is a good way to invest money.For bitcoins have that valuable cost.Want to earn more profit on investing on bitcoins.
Yes, bitcoin is attractive investment asset. Investors are interested on the rising of bitcoin price. If we look the world conditions broadly, there are a lot of factors that makes investors interested in bitcoin. We are know that there is a grow of war with north korea, so people are shifting won and yen denominated asset into bitcoin. So the market cap of bitcoin will always grow, if we invest our money in bitcoin now, it will be good for our future.
828  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: October 19, 2017, 12:25:12 PM
The consideration is the bitcoin graphics that continue to rise, I never panicked when the price drop exactly if the price drop more than 10% makes me eager to buy bitcoin so it does not take long the price back skyrocketed.
I think 10% is a big ratio for Bitcoin when it is raising up in the market.
Unlike altcoins, Bitcoin can not drop down a huge value without any reason.
The Bitcoin community does not stupid all, so if someone try to control the price of Bitcoin unreasonably, its just receive failure.
I agree, there are a lot of people who want to buy bitcoin in low price, so if someone or group sell their bitcoin to get huge profit and makes panic selling happen, it will just gives the opportunity to another people to buy bitcoin in lower price. People need bitcoin, we are getting to become cashless society. Some people now using credit card or paypal but I think bitcoin is the best choice.
829  Economy / Economics / Re: What will happen if we use a one currency only? on: October 19, 2017, 08:39:06 AM
Having an one currency around the entire world will provide a diversified economy throughout the country who have accepted such a method. In short, this will get used same as the European Union than has been functioning long with such a combined group of countries having the same currency.
Using one type currency is a good thing but there is a more important thing that is the kind of money that is used. People in the past were used gold for transactions but it's not practically, so they entrust their gold to certain people who sit in the banca ( derivied from the romans that mean bench, now we call it bank ) to get banknotes ( paper money), but now government prints paper money regardless the amount of gold,  this is why using paper money is not fair to us. We better to looking for the alternatif, probably bitcoin is the best one.
A global currency would affect every country and economy that the world has. It would probably unite nations or can cause more chaos. But I strongly believe that there will be a bigger competition in that since there is only one basis of every economy.

As for the gold that’s converted to paper money, in my knowledge (and to what processes we have in our country), it is the world bank that processes and prints the money worldwide— not the government— and they convert it to paper money or coins with the “conversion” they have. I don’t know how much gold to money costs, but I’m sure that there is. The gold given by the government to the worldbank is put into the money produced, whether its coin or paper — aside from their service charge.
There are two system of printing money, pseudo gold and fiat money. In pseudo gold system, printed and circulated money is backed by gold or silver reserves owned by issuing institution, but some countries use fiat money system to print money, so the money in circulation is not supported by real asset or not even supporting by anything, tens years ago the government of my country cannot maximally collect tax from the people, so the president instructs to print money in excess. That's why we need to choose another currency to become the only currency that we use.
830  Economy / Economics / Re: What will happen if we use a one currency only? on: October 19, 2017, 07:26:42 AM
Having an one currency around the entire world will provide a diversified economy throughout the country who have accepted such a method. In short, this will get used same as the European Union than has been functioning long with such a combined group of countries having the same currency.
Using one type currency is a good thing but there is a more important thing that is the kind of money that is used. People in the past were used gold for transactions but it's not practically, so they entrust their gold to certain people who sit in the banca ( derivied from the romans that mean bench, now we call it bank ) to get banknotes ( paper money), but now government prints paper money regardless the amount of gold,  this is why using paper money is not fair to us. We better to looking for the alternative, probably bitcoin is the best one.
831  Economy / Economics / Re: Are cryptocurrencies better than regular currency on: October 18, 2017, 10:32:40 PM
For me nowadays is certainly the world of cryptocurrency is in a lot of folks get pleasure from. Because in the entire world cryptocurrency is far more sensible in its use than employing regular funds. As an case in point now I prefer to use bitcoin payments when shopping
The number of bitcoin users are increase,but people are more like to use bitcoin as investment rather than for shopping. Bitcoin is an attractive investment asset, so its makes bitcoin prices rise. Bitcoin is better than regular currency because the value is increase unlike regular currency.
832  Economy / Economics / Re: Bitcoin can not replace fiat on: October 18, 2017, 08:12:57 AM
Even though it is true that one of the most crucial motivations to produce this alternate forex was to conquer the fiat hegemony, actually it seems a very much and almost unrealistic likelihood.I actually hope that the potential financial relations rely on much more humanistic alternatives instead of these present speculative and market place dependent currencies, included bitcoin.
Paper money is old, unfair, and slow. Also the expense of printing and transporting it, to it's impact on the poor. We should not use paper money anymore, but we trapped on it.  Bitcoin is the alternative currency that can help us out from this condition. I am sure that fiat would be replaced in the future, bitcoin is the best candidat for now.
833  Economy / Economics / Re: Can Bitcoin End World Poverty? on: October 17, 2017, 10:31:20 PM
Poverty is a large situation of the culture it means having men and women in your nation who doesn't have the capacity to support their fundamental demands folks who are not fiscally steady..bitcoin is just a currency the only variation is that is a crypto but in contrast to other currencies it evolve by demand and source I don't think it can aid fix poverty specially understanding the fact that it can only be used employing net which not everyone has the prospect and understanding to use
Bitcoin is just currency, yes that's right. The government wich has stronger power can manipulate their currency and makes disadvantage for another countries. Bitcoin is not controled by government so it makes the prices is grow in nature that only depend on supply and demand. So I think bitcoin can end world poverty by protect the users from inflation and government control.  Bitcoin also become very good investment that give the user benefits.
834  Bitcoin / Bitcoin Discussion / Re: What impresses you the most about Bitcoin? on: October 16, 2017, 12:38:21 PM
Bitcoin is freedom no middleman, no interval from the government, no taxes, no additional fees or surcharges easy way of moving your money but most of all a fine time to invest not just your money but your time. I mean would not prefer this kind of freedom from your investments right.
Bitcoin gaining in popularity as payment system go mobile and many investors are interested to it, I was so impressed about it. The currency that become very good investment too is really nice. Even the volatility is good for traders.
835  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PREANN] Xenio Blockchain | 🌟🌟🌟 Decentralized Gaming Platform 🌟🌟🌟 on: October 16, 2017, 12:31:52 PM
This project is good for gamers so they can monetize their hobby, good luck for this project. So many gamers are do not know how to monetize their hobby, I hope the advertisement of it can be more longer.
836  Bitcoin / Bitcoin Discussion / Re: Is bitcoin is the new era of currency? on: October 16, 2017, 12:24:28 PM
That is the main purpose when they created the coin, to have a new currency that is not controlled by any banks or country.
Now banks are interested in bitcoin technology, central banks are beginning to delve into bitcoin and the underlying blockchain technology that promises to speed up clearing and settlements. So no one can ignore that bitcoin is the new era of curreny, I we wouldn't need the worthless fiat.
837  Economy / Economics / Re: Do you think billionaires invest in BTC? on: October 16, 2017, 09:12:03 AM
no i think.
for what?? they are billionaire, too much money, so they never thing more about money.
someone who invest in bitcoin is they that want to earn more money
There are some billionaire that already invest in bitcoin, people are lough at them when they choose bitcoin as investment, but now their wealth is growing a lot, even one of them has invest more than 5% of their wealth in crypto currency, it's mean that bitcoin is very valuable and has good future.
838  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: October 16, 2017, 06:22:29 AM
Bitcoin is already world wide currency. Every day i see more and more things selling by bitcoin. What is more interesting people don't buy this things you know why? Because bitcoin is worth more for them than a car, bike, etc. So we should draw conclusions.
There are only few countries that accept bitcoin, but the bitcoin users are not only from countries which accept bitcoin, so I agree that bitcoin is already become a global currency. But if bitcoin is legalize by government, the adoption of bitcoin as payment option will grow faster. Now,  japan has give more attention to bitcoin, japan financial service agency has officially licensed 11 bitcoin exchanges as part of government's move to bring cryptocurrency trading under supervision.
839  Economy / Services / Re: Xenio Signature Campaign(full members+) on: October 15, 2017, 01:36:46 AM
Excuse me sir, where is the avatar?  I can't find it.
840  Alternate cryptocurrencies / Speculation (Altcoins) / Re: is it better to invest in bitcoin or ethereum ? on: October 15, 2017, 01:26:37 AM
just one perfect word - Ethereum!
I really believe in!
Did you know that etherium is a smartcontract platform with turing complete scrypting built it in, but also significantly increases attack surface. we can not compare bitcoin and etherium on the same scale because bitcoin is digital gold, a lot of people and entities are deeply invested in bitcoin. I advise you to invest in bitcoin as well, because bitcoin is the best cryptocurrency.
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