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8341  Economy / Economics / Re: Bitcoin replaces the money? Could happen? on: March 25, 2016, 06:00:15 AM
I doubt it would ever happen. Bitcoin will always be an alternate way to receive money which is not regulated but fiat is regulated and legal.

Bitcoin is an avenue using which you can save money or transact but it is not backed by any real tangible asset. On the other hand, fiat is back by some real asset which is trusted by general people. So bitcoin will never be able to replace fiat.

But if you want to make it big during your retirement, start accumulating bitcoin. 
8342  Bitcoin / Bitcoin Discussion / Re: In 2010/2011 Bitcoin was really exciting! on: March 25, 2016, 05:47:24 AM
In 2010-11 the entire crypto currency market was booming and thriving. Lot of new people joined this world and started earning and trading crypto currencies at that time. If you check litecoin and darkcoin prices at that time, they were also higher than the current time.

But over a period of time, the bitcoin price has stabilized. Also a lot of other crypto currencies are hindering the growth of bitcoin because people have started investing in altcoins. If those investments came to bitcoin, it would have been huge.
8343  Bitcoin / Bitcoin Discussion / Re: Enormous ways to earning Bitcoin on: March 23, 2016, 11:44:46 AM
I don't think faucets (the list which you have shared) will help you earn big. It offers very little earnings. but yes, if you can do fauceting for the whole day without getting bored, then you may earn little more.

The best way to earn bitcoin is trading. If you want to earn good amount of bitcoin, then start trading.

Or else, you can start p2p lending. there are websites like btcjam, you can join and invest. Only fauceting is just waste of time. 
8344  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Valorbit | VAL | https://valorbit.com | Valorbit coins Distributed By Humans on: March 23, 2016, 06:41:48 AM
Dumpers are everywhere and in all coins. There are so many altcoins in the market which are significantly premined. But the problem with VAl was the free distributions were in billions. So greedy people are try to make some quick bucks out of it.

But what I see in C-Cex that, apart from bitcoin market, there are buyers in DOGE, LTC and USD market and it is moving in a slow pace. Lets hope for the good.
8345  Economy / Speculation / Re: How can we make bitcoin's price only RISE and never FALL? on: March 23, 2016, 04:27:55 AM
I don't think there is any one factory based on which bitcoin prices are moving. There are so many technical factors involved. An expert will be in a better place to tell you in details.

But apart from the technical aspect, any market moves based on two factors:
1. Demand - supply chain
2. Sentiment

The demand supply chain says, that the prices will be higher, if the demand increases/remains strong and supply falls and vise versa.

Secondly, being the pioneer of crypto currency, people are emotionally attached with this currency. There are many people who has stopped solo mining bitcoin a long time ago and currently mining other currencies, but they are holding onto their accumulated bitcoin with high hopes. That's the second external force that moves bitcoin market and prices.

8346  Bitcoin / Bitcoin Discussion / Re: Would local bitcoin advertising help to make bitcoin more popular? on: March 22, 2016, 04:31:22 AM
advertising will certainly help to increase the penetration of bitcoin in to general mass. but they should have proper resources available in the internet where they can learn abut the blockchain technology and mining guides. Otherwise the advertising will go in vain.

Also the advertiser should be benefited from the people using bitcoin, otherwise, no one will come forward for charity. 
8347  Bitcoin / Bitcoin Discussion / Re: [10 Days] On March 31, 2016 this community will take back control of... on: March 21, 2016, 11:16:31 AM
"(I’ve been working on bitcoin’s design) since 2007. At some point I became convinced there was a way to do this without any trust required at all and couldn’t resist to keep thinking about it." ~Satoshi

On March 31, 2016 this community will take back control of our beloved Bitcoin!
Let's get started:
How do we do it?  Grin

Who will take control and why? Why it is necessary?

Can you please elaborate what will happen in 10 days?
8348  Economy / Scam Accusations / Re: To the person who stole my 21 bitcoins - 1Bitcoinvt9e6SDDnSzsrhmqc2hZ3GBqUt on: March 21, 2016, 06:37:17 AM
That's really sad..21 BTC is huge amount and I can understand your feelings after loosing them.

Even I have lost around $1000 when Liberty Reserve closed down. I lost my savings in just a moment.

Maybe you can send few satoshis to that BTC address with a note attached to it. But it's very hard to get back stolen money. Wish you luck.
8349  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Valorbit | VAL | https://valorbit.com | Valorbit coins Distributed By Humans on: March 20, 2016, 05:58:23 PM
The c-cex support has been contacted with troubleshooting steps.

The linux wallet is working and is in sync on multiple other servers.
Based on the error shown in the ccex environment, the initial goal in troubleshooting is to rule out any transitory resource limits or disk corruption in that particular environment.
Given it is the weekend it may be Monday that the ccex staff is able to reconnect and troubleshoot the issue.

With regards.

Really appreciate your update dev.

Please be online and post updates on daily basis. It will boost the moral of all VAL holders like me. I really have high hopes about this coin and I hope the price will also go up in future.

All the best dev! Make it a success.
8350  Economy / Economics / Re: 1 important Advantage of BTC over other assets and cash. on: March 20, 2016, 09:13:01 AM
That is true and that's the beauty of bitcoin. Bitcoin gets investment from whole world and can't be devalued by a particular govt.

The fluctuation in price is on e of the characteristics of bitcoin and it is moved by a global force. Not dependent on a particular regulatory authority.
8351  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Valorbit | VAL | https://valorbit.com | Valorbit coins Distributed By Humans on: March 20, 2016, 08:42:40 AM
I think the free VAL giveaway is stopped and that's a positive news for the coin.

Actually free coins ruined the market totally. Hope it will revive soon. The dogecoin exchange price has increased a bit but still there is no buyer in bitcoin.

Hope people will understand and stop selling VAL at 1 satoshi.
8352  Bitcoin / Bitcoin Discussion / Re: The Bitcoin busts: Its anonymity made Bitcoin popular among criminals. on: March 17, 2016, 05:18:15 PM
Every innovation will have a brighter and a darker side.

No doubt that its anonymity made bitcoin popular among criminals but the majority of bitcoin users are not criminals. They are just normal people like you and me.

Bitcoin is a blessing and not a bane.
8353  Bitcoin / Bitcoin Discussion / Re: How do you store your bitcoins? on: March 17, 2016, 05:10:40 PM
I am currently storing my bitcoins in more than one wallets. It is always better to diversify.

A minor portion of my bitcoin is in coinbase. Another minor portion is in c-cex, which I use for daily trading.

The last portion of my bitcoin is in my offline wallet.
8354  Bitcoin / Bitcoin Discussion / Re: Bitcoins to revolutionize insurances on: March 16, 2016, 11:21:49 AM
Insurance is legal and regulated in a very strict manner. Bitcoin is neither legal (except few countries) nor regulated. So I think it is not possible to insure bitcoin ever. Bitcoin is more like an equity share with volatile price. I don't think any insurance company can insure equity shares because of the market dynamics. the similar way, bitcoin can't be insured.
8355  Economy / Services / Re: Looking for forum moderator job on: March 16, 2016, 11:13:46 AM
Bump for exposure!
8356  Bitcoin / Bitcoin Discussion / Re: A teen is given $1K to invest into Bitcoin - what would you recommend for them? on: March 16, 2016, 04:23:27 AM
Whooah!! That's rich!! ain't it!!

Firstly, I would recommend that kid for a generous donation to my bitcoin wallet. (just kidding!)

Anyway, for him, it is advisable to invest in some good and reputed cloud mining companies and start mining with them. It is the best way to grow the bitcoin.

Next, i will advise him to start using p2p loans website like, btcjam or btcpop. I have personally used them and invested in few loans. They are giving me good return.

the kid must avoid ponzi and get rich quick schemes and his money will be safer.
8357  Economy / Services / Looking for forum moderator job on: March 15, 2016, 06:07:58 AM
Hi Guys,

I am looking for forum moderator job. I have around three years of experience in managing forums like 'Moneyearningforum', 'Globalearntalk' and 'Moneyshareforum'.

I have used almost every kind of forum software.

If you need a forum moderator, please send me the details through PM.

Regards,
Avikz



P.S: If this is not the right place for posting such thread, please move it to the correct section. Thanks
8358  Bitcoin / Bitcoin Discussion / Re: People mocking of me for using Bitcoin on: March 15, 2016, 04:20:58 AM
Let people talk and mock you. Stay put and don't leave bitcoin because of your friends. Keep accumulating bitcoin as much as you can and after few years, they will cry a river after seeing your wealth.

People are always not be adaptive towards new technology so don't bother.
8359  Economy / Exchanges / Re: What is the best crypto exchage in 2016 ??? on: March 15, 2016, 04:06:29 AM
I have been using C-cex from quite a long time and I can say it is trusted. C-cex admin is also very active in this forum and you can get your problems resolved very fast.

Also yobit is good. But I have just started using that, not yet requested a withdrawal, so can't say. But C-cex is good and I am happy with their service.
8360  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Valorbit | VAL | https://valorbit.com | Valorbit coins Distributed By Humans on: March 14, 2016, 02:54:56 PM
If those Kids won't cancel their orders of 1 SAT , they will CRY A RIVER SOON Cheesy & trust me what i'm telling you Wink


I wish your words are true...But can you give us a good reason for holding this coin??

I am still holding my coin...around 3 million...Will appreciate some good news.
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