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8321  Bitcoin / Bitcoin Discussion / Re: What to do with the people who don't like Bitcoin? on: April 19, 2017, 06:28:39 AM
why would someone dont like bitcoin ? i mean unless they have lost few bitcoins or some $$$ trading in bitcoins.

you can ofcourse ignore them.,

btc is private currency, you should keep it that way, why would you tell anyone that you have invested in bitcoins.

thanks
Some people don't like bitcoin because they didn't aware of it and they didn't know how bitcoin works and we all know that now a days, when people hear a news that they earn money thru online then they will think that it is a scam because it just online and they won't believe if you say that it is easy to earn money with it.
8322  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: April 19, 2017, 06:19:46 AM
Yes actually I'm having a fun earning some bitcoin before i found out this site i already do some gambling trading and doing some work for bitcoins a liitle bit of faucets and also mining some alt coins in my computer it do give me a small profit. I do save them in my wallet i don't really know what to do with them but when i need money i will use it in the future.
You' are doing right. Even you are just earning small to big amounts of bitcoin it still alright because there is a saying that says "It is not all about how much you earn, it is about how much you save" so if you save bitcoins piece by piece then you will have a lot of it in the future just do it with a consistency.
8323  Bitcoin / Bitcoin Discussion / Re: What type of wallet do you use? on: April 19, 2017, 05:56:24 AM
I use hardware wallet since I do mining i feel secure in the security of the wallet almost impossible to for hackers to hack a hardware
It's not really easy to use and so curious in this hardware but so far so good it running smooth at all.
I also do savings on hardware wallet because aside from my other secured wallets. I also use this kind of wallet because i feel safe because the hackers can't get in touch with it but i just put 2 bitcoins there because i trust paper wallet more because it is too cheap and very easy to use.
8324  Bitcoin / Bitcoin Discussion / Re: Number of Bitcoin users. on: April 19, 2017, 05:43:53 AM
In my opinion, no one knows exactly how many people use BTC! But perhaps the number is not small at the moment
As mentioned we're now growing in number regularly compared to the past days of bitcoin. Right now we are a very small number than the fiat used all around. This will change as adoption of bitcoin increases with relation to the acceptance and implementation of blockchain technology on different sectors and bitcoin for varied requirements.
you are right that the number of users of bitcoin is very large as compare to past because people are getting more awareness about bitcoin and rapidly adopting it. Friends are introducing each other to bitcoin and using bitcoin in a large scale.
Day by day the number of bitcoin users are keep on growing even bigger than the usual growth percentage of user of bitcoin. In my opinion, i think it is because of the good progress of bitcoin because there are few big countries that accepting bitcoin as their another type of payment system and soon bitcoin will be big and its users will surpass the number of users of paypal and other more.
8325  Bitcoin / Bitcoin Discussion / Re: How safe is to storage private keys in the cloud? on: April 19, 2017, 05:36:08 AM
I think it is not safe to save your private keys in the cloud or online because it is too risky because there is no safe place in the internet and everything can be bypassed by the professional hackers. So if i were you i will just save the private keys in a offline device like usb and keep it on a safe place and i will also do a back up by having a copy on paper.
8326  Bitcoin / Bitcoin Discussion / Re: Daily use of bitcoin? on: April 19, 2017, 05:17:29 AM
Daily use of bitcoins is limited only to online world at a moment as I am using it daily on trading and gambling sites to make profits and I don't find any offline place to spend them so I am saving rest of coins for future and spending fiat for buying things.

Its good not to spend them for shopping as that we can easily to with fiat and cards and instead try to save your bitcoins for future as the price will go much higher in coming years and I think that would be the best time to use them to gain higher profits.
If we can avoid it then using fiat instead is ok but if for some reason you need to spend your bitcoin in something important then do it, we can always get more bitcoin at good prices since I don’t think bitcoin is going to skyrocket in the next months.

Bitcoin prices always go up dramatically because of the high level of trust from its users, so you should have no doubt about that in future. Bitcoin for online shopping everyday is good enough, and there is no harm in also we invest in trade market, but we still have to keep moving to multiply in altcoin market, because bitcoin is not passive assets such as gold, but bitcoin active currency that could continue to be multiplied.
I'm sure it does not go always go up, it's called volatile because it pump and it dump so it's not an easy investment where we
think it will give us automatic profit. There is a risk on it, it's like gambling, thus you have to take risk at put something that you can afford to.
If you will base the price on long term basis then you can say that the price of bitcoin is always going up and that is why many of us or many people that uses bitcoin choose to hold it for long term instead of holding for short term because in long term there is lesser risk and you can earn a lot of money in long term rather than holding it for a few weeks or even days where there is a high risk of losing money.
8327  Bitcoin / Bitcoin Discussion / Re: What is BTC for you? on: April 19, 2017, 05:06:36 AM
for me bitcoin is retirement.

buy when low and hold on to it and then after 20 years, sell it and retire.


I agree that bitcoin be a retirement fund for other people because in fact, there is a lot of people now collecting and accumulating a lot of bitcoin as much as they can and they are saving and keeping it for a long time because they want to sell it for a higher price which is possible because long term price for bitcoin is very high so after 20 years it will become very expensive and it will be the way for us to have financial freedom.
8328  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is not supported in some countries? on: April 18, 2017, 02:48:54 PM
I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me

because there are different rules and regulation in every countries. they have the cyber law and they can even blocked any sites they want because  authorities can hold everything in their countries if they want. example is in china and in north korea.
Precisely, there are different rules on every each country and yet everyone of us have different perception about bitcoin.
I think the reason why the bitcoin is prohibited in their country is because they though that the bitcoin is used by criminals because it is anonymous.
That is the common reason of the countries that banned bitcoin because they can't deal with the anonymity of bitcoin and they thinks that it is a bad idea for them because only the criminals will take benefit of that. But they didn't know that they can control those illegal transactions by having blockchain technology in their country because they can monitor the transaction thru that.
8329  Bitcoin / Bitcoin Discussion / Re: It's freaking 2017 - Do you own 1 BTC? on: April 18, 2017, 02:38:20 PM
I'm still hoping for that on these years. Even more than Wink
You can have more than 1 bitcoin, if you believe to yourself and you just work hard in earning bitcoins thru different kind of ways. You're just a newbie but it doesn't mean that you can't do what others can because there is no limit for every person, the only thing that make us thinks that there is a limit, "is our self".
8330  Bitcoin / Bitcoin Discussion / Re: Blockchain Tech goes to Dubai… on: April 18, 2017, 02:24:15 PM
Another adoption for bitcoin huh? Seems like bitcoin is going to the mainstream market and people are starting to notice bitcoin now and it will make a big change for bitcoin and soon other countries will follow this kind of adoption, Japan, Dubai. What is next now? Big countries are starting to love bitcoin Grin.
8331  Bitcoin / Bitcoin Discussion / Re: What is BTC for you? on: April 18, 2017, 01:57:48 PM
What is bitcoin for you? Is it a chance or a scheme to get rich? Or is it actually to keep your wealth to yourself.
What lead you into bitcoin world and what's keeping you here?
~Bitcoin is a master piece for me that helped a lot of people in terms of their financial problems by providing an easy way to earn money thru bitcoin.

~It is a chance for me to take advantage this kind of technology to the next level where i can also be rich if i will just have faith in bitcoin and saves a lot of it.

~The reason that i came to bitcoin world is the news that i read from the social media sites that telling this will be the next big thing in our history.
8332  Bitcoin / Bitcoin Discussion / Re: Biggest bitcoin sites that close on: April 18, 2017, 01:44:44 PM
The biggest bitcoin sites that close and the scam i know is the popular cloud mining company, Hashocean which i also invested in with at least 0.5 bitcoins way back then because i was so attracted to the posts of investors in different social medias because they are earning a lot of money so i also tried it but didn't work and they closed and ran away the bitcoins and now for sure they are relaxing to their dirty money but it was a lesson for me to not trust anymore on either hyips or cloud mining.
8333  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: April 18, 2017, 01:34:57 PM
From the results of the poll, it seems like people are learning that hyip, cloud mining, and the like are a waste of money. Finally crypto is maturing
you right but i think  hyip is bad .. hyip just like scam , we have to join but can not bring money for long time . i prefer like cloud mining , trading and giveaway Cheesy
I dont like hyip also because all hyip ,ponzi , pyramiding are scam. Dont trust their promises that your money grow if you invest to them because if you choose invest that for sure your money will be loss . Dont promote hyip it cannot help you . I like the trading its give to us profit . But before you get profit you can do research before buying altcoin to know what is the best coin you buy and you can know if the coin have potential or not. I like also giveway because its free but it is very low.
Never make your journey fast as it will end fast also, why would you settle with HYIP when it is known to be a scam and if you do that you are taking a bigger risk with little chances of success, although some say that they will just get in early and get out at the right time. I would suggest you do a legitimate way of making money and investing in bitcoins alone is already a good one, and you can do trading as well.
I agree with you. Don't be greedy always and don't rush things because if a thing is destined to you then it will come to you unexpectedly without any rush. Be patient in earning bitcoins and don't ever, every go to the riskiest field to put your bitcoins like hyips because it will stole your bitcoins and you will regret it in the end. Invest wisely and don't be greedy.
8334  Bitcoin / Bitcoin Discussion / Re: How do you store your bitcoins? on: April 18, 2017, 01:27:42 PM
Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

I store my bitcoins on an online wallet. This wallet is where all my earnings from signature campaigns go.



I store my bitcoin in an online wallet too. I think that is what most of the people here do but I have noticed that some of them have mentioned hardware wallet. I wonder what it is?



Online wallets are a horrible way of storing your coins for various reasons. Most important reasons are that you are not the only entity with control over your coins, your coins are exposed to threats coming from the internet, plus that you rely on the service in question to stay online all the time. In order to prevent the latter situation to form a problem, always make sure that when you do happen to make use of an online wallet service, that you use one that provides you with the private keys. In case the service goes down, you'll always be able to access your coins.

Regarding hardware wallets, here is a handy link -- https://en.bitcoin.it/wiki/Hardware_wallet

Thank you for the link. I will read more about hardware wallet.  Smiley

I just want to ask if you have your own experience regarding why online wallets are a horrible way to store bitcoins? You are right about the coins being exposed to security threats coming from the internet but still online wallets is still reliable for storing.





Do not put a lot of bitcoins in your online wallet because it is very risky and also very attractive to the eyes of hackers because if they see  a lot of bitcoins on an online wallet then they will do a lot of attacks to you like phishing site that can get access to your account if you are not careful and your hard earned bitcoins will like a bubble which will pop out in just a few moments.
8335  Bitcoin / Bitcoin Discussion / Re: The Reason Bitcoin will always be #1 on: April 18, 2017, 01:16:53 PM
The main reason that bitcoin will always be #1 because of its value, no other currency in the world like bitcoin. Bitcoin is giving more value when we are buying with a certain amount and definitely it will increase the price to 2X or 3X and we can even buy more products with the price of bitcoin. We also buy the things according to bitcoin market.

I agree with you. Now there are no competitors among the bitcoins among the cryptocurrency. He is the most popular and many people already trust Bitcoin. It is unlikely that any other currency will become as popular.
Bitcoin has a lot of competitors in the market like the altcoins, there is a lot of altcoins that have potential against bitcoin but most of us didn't know it yet and didn't know that some of the altcoins are worth it to invest in long term and it will become one of the worst bitcoin enemy in the future so we should not be comfortable that we didn't face any enemy soon because there is already a lot of enemies in the market.
8336  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin on: April 18, 2017, 01:08:56 PM
The future of bitcoin is not pridectable completly a mistry because honestly it is the first time of something like bitcoin exist and as we know all the good thinks have some bad side too so its hard to guess what will come in the near future from it
I am unable to completely agree with the you, still I do not have any doubts about the future of bitcoin system. Because bitcoin system has all the flexibility to adopt future requirements. So, based on future developments and requirements bitcoin will be enhanced to suit them.
I agree with your opinion about the lack of hesitations bitcoin in the future, bleak as in my country that had been bitcoin has not been in use for needs but is now widely in use payment using bitcoin in my country. getting ahead I have no doubt bitcoin, in the future will be more and more developed BTC.

I am confident that bitcoin will develop. Many countries are already taking bitcoins. Infrastructure is developing more and more. The popularity of bitcoin has grown significantly over the past year
That is correct and that is they key for bitcoin to have a bright future. If that kind of progress will continue to bitcoin then we don't need to worry about failures of bitcoin because those good things will be enough for bitcoin to survive for more decades and not to be bankrupt anytime.
8337  Bitcoin / Bitcoin Discussion / Re: In what situation would Bitcoin die? on: April 18, 2017, 12:46:13 PM
Bitcoin will die naturally when the cost of transaction gets exceedingly too high. because everyone will leave it and walk away. Roll Eyes Roll Eyes
I guess it makes sense, if the bitcoin transaction fee is too big, maybe people will leave. yeah, but maybe it takes a very long time. I also believe that the developers of bitcoin will not let it happen, because it will always be improved.
Yup if BTC transaction fee will increase more then people will start to stop using Bitcoin. to avoiding extra govt tax, people are using this BTC transaction. The same amount fee if want to pay for BTC transaction means why they use BTC right. So it will not happen, suppose our bad luck it happens means it will take years of time.
Fee is the most concern in bitcoin as of now because one of the most well known characteristic of bitcoin is being fast and cheapin terms of fees but as of now the fees are increasing and that is the opposite of the promised characteristic of bitcoin since it just got started and if that problem doesn't solve as soon as possible it will become a reason for bitcoin to die.
8338  Bitcoin / Bitcoin Discussion / Re: how strong is bitcoin really? on: April 18, 2017, 12:18:02 PM
Bitcoin is stronger than couples years ago, we can see the price of bitcoin is stable right now
 the peoples doesn't fear made investments into bitcoin,
also bitcoin has large capitalization of marketcap be compared with other crypto coins
so bitcoin will growing up by the time because of many people adopt bitcoin.
Bitcoin is really strong and stable in the market because of the reputation that has been built since the first day of bitcoin until now, investors are keep growing and also the volume and the price has no limits and it always goes up to the moon and soon we will see bitcoin that is already accepted and after that we can say that bitcoin is so strong and nothing can stop it.
8339  Bitcoin / Bitcoin Discussion / Re: Number of Bitcoin users. on: April 18, 2017, 11:53:43 AM

wallet openings is irrelevant. transaction levels are irrelevant.

Exactly! Given the nature of the Bitcoin transactions,  it's going to be a mirage knowing the total number of its users. For instance, I as a single individual have three Bitcoin wallets and have done over 20 transactions on all three on different addresses. So, how those one determine that all is from one person? It's really impossible.
Of course it is impossible because of the issue of having a lot of multiple wallets and the capability to create wallet more than on in just one IP and that is what makes this survey very hard to finish because of those conflicts, if bitcoin has only one wallet and one wallet per one IP then it will be possible for us to know the exact number of bitcoin users.
8340  Bitcoin / Bitcoin Discussion / Re: How many ways are there to earn bitcoins? on: April 18, 2017, 11:42:51 AM
If you want to earn bitcoin there are many ways gambling, tradin, and here in forum but the best way is here you can earn bitcoin without investing. Its easy to earn bitcoin if you really wanted to use your skills.
I think you should remove gambling to the lineup of best way to earn bitcoin, because gambling is never been a best way to earn bitcoin because it is very risky and just random system that you are playing with. You will not satisfied with playing that because just in the first few plays, you will enjoy because you earn but at the end of the day, you will have a huge loss.
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