The Fiat Digital Currency is in developing in China by Central Bank.

http://www.bitbh.com/new/detail/4551  Steadily push forward The legal Digital Currency

http://www.bitbh.com/new/detail/4555  Anti-corruption  With Blockchain Tech

The Bitcoin price has been pumped up to 5400CNY  after these news realeased.   




I don't think so,and most of the Chinese communities have the same idea with me.
For the Fiat digital currency will help Bitcoin promoting better and faster.As we all know,Bitcoin is not illegal in China.

Let's say something happens in 2017 and Bitcoin's price per bitcoin reach $100 000 per bitcoin, what would you do first? I know most people

would sell at that price, but who would do the buying? Security will have to be your first concern, because at that price... Bitcoin will garner a

lot of attention from hackers and scammers.

Would Bitcoin reach a price, where it is simply not economically viable to buy it... { even if you buy only a few Satoshi's }

A lot of people {those who did not do their research} seem to think, bitcoins can only be bought as a whole unit.. 1 bitcoin at a time. I think,

as the price rise, we should emphasize the fact that you can buy fractions of a bitcoin. Some of my friends thought you can only buy whole

bitcoins, and they only started buying, when I explained it to them. We have our work cut out for us, when Bitcoin reach higher price

brackets.  

Hi guys,

Something I struggle with at the moment using bitcoins:

The grandpa challenge:
* I live in Norway. I use bitcoin.
* Grandpa (in-law) is from the U.S. He lives in Italy.
* Grandpa can't speak Italian and it's a LOT of hassle paying me (I prepaid a vacation) from an U.S bank via Italy to a Norwegian bank.
* Grandpa has never used an app and doesn't have the phone for it. Very low understanding of technology, but uses the internet for basic stuff like shopping, email, ..

How can Grandpa pay LCF4EV (me) in bitcoin?  

It must be easy.

Thanks.

In 4 or 5 days, a total of 16,000,000 BTC will be in circulation (76.2% of the total). Let's not forget that fewer and fewer BTC will be mined each day with every halving, so these milestones will get rarer and rarer. Next one will be reached in 1.5 years.

Which country has most number of bitcoin users, miners and vendors? And in which country bitcoin is accepted the most? Like in at institutes or super malls or stores etc.
Has such data been calculated and available on the world wide web?

Hello Guys, I would like to know you're understanding about online gambling and real life gambling. Since here in the philippines online gambling is now illegal. I'm just curious what's the difference about this too. Why make online gambling illegal?

I'm not much of a gambler myself, but when I gamble I play poker. Poker can be very profitable, but it is very time consuming as well. Betting and casinos,  are not my type. so, what's your opinion on what could be more profitable?

Sweden Begins Planning Transition From Cash To Digital Currency



http://www.zerohedge.com/news/2016-11-17/sweden-begins-planning-transition-cash-digital-currency

As I predicted, as countries move from cash to crypto :

1) It will not be bitcoin
2) It will be state controlled
3) No interest paid
4) Every transaction you make will be fully trackable

5) When implemented a bitcoin ban in that country will soon follow **we will have to wait and see on this prediction **

A government and bankers wet dream - full control over all your wealth, good luck in future banker bailouts.

Remember all those bank runs in Greece and Cyprus when people got wind of the hair cut that was coming, what are you going to do when cash no longer exists to withdraw and they impose a minimal spending limit on your account.

Alot of people find Forex risky as opposed to bitcoin.

Created a thread to see why people think money cannot be made on forex when traders are making thousands daily on forex.

Bitcoin is great to but it's more of a investment than a trade.

I am selling my goods into various buyers. Yet, some buyers do not pay once they received the goods. So what is the best do you think should I do in making transaction. I don't want to lose costumers but I don't want to lose my money too.

So just curious.  I know its almost impossible to tell how many people are actually using Bitcoin in the entire world. Maybe this might be a forum moderator question as well I suppose.  Are new people actively joining this Forum?  Are new people actually coming on to Bitcoin.  I have talked with several of my friends about it and had a couple of them even bite for a bit, but they quickly forget about it and they move on.  I guess I am just curious if Bitcoin trend is growing still or if it is more stable, or at a standstill.

Thoughts?

Following last week's ban on the highest notes in India, interest in Btc has literally skyrocketed, reaching new ATH.

Satoshi for me looks like Banksy, an artist that don't show your face and maybe this increase their art "value", so Satoshi can be here working with other alias... so let's go to the question:

What could happen if Satoshi appears?
If he start to appearing on media and things like that, can pump the coin?
If he's an criminal or something like that, it can dump the coin?

i heard many Cryptocurrency but why people mostly use bitcoin?

For a long time I have been reading that it's China who controls the Bitcoins market. 60-80% of sellers on eBay are from China. So my question is why don't they accept payments in Bitcoin and why they insist on the paypal only? Shouldn't they be changing according to times? Or they can't change due to regulations?

I know that if just 1 people do it, it won't possible because the miner will check the transaction.
But how if everyone tries to do it, I mean like how if they add all of the Bitcoin address a 1 Bitcoin. Would the miner think that those are valid transactions because all the ledger have those transactions in it?

I was wondering how'd you discover or know about bitcoin? Did someone refer you? Did someone show you what you did? Through the news? Share something here. 

Bitcoin has not just brought us a decentralized P2P payment system or a alternative for the banks. It woke the Giants in the Fintech world. Before Bitcoin, clients at banks were treated as the scum of the earth, even more so, when you are middle class or poor.

Bitcoin came in and they threatened to disrupt the Banking and Remittance services. What happen? These financial services realized that they will lose money, and they suddenly dumped Billions of dollars into Blockchain based technologies and also user-friendly banking services with 24 hour access via Social media platforms like Facebook Messenger and WeChat and some of their own in-house apps.  

We have not seen this level of attention given to clients for many years. Why, because the Giants were comfortable with their foot on our neck. They had the monopoly, backed by governments.

We should support Bitcoin to keep these Giants on their toes. If Bitcoin fails, these Giants will go back to sleep and we will be stuck with high fees and poor service.

Can a foreigner buy a house in USA with bitcoins?

I am aware of that the foreigners can buy a house from USA and there isn't any restrictions. But how about bitcoins?

I know if the seller accepts it there won't be a problem but how about the government? Are they ok with that?

Normally, FED controls/monitors every USD transaction all around the world and they check if the money is clean (legally obtained) or dirty (terrorism, tax evasion, drug dealing etc) . Especially if you send the money to USA. Since they won't be able to control bitcoin transactions, how would they know if you are a drug dealer or a legal citizen in your country? Or do they  even care?

http://www.coindesk.com/will-bitcoin-have-its-moment-in-the-trump-era/

The propaganda in the above article includes:

- Suggestion that we use cryptocurrency as world reserve currency, but then does a bait and switch and says, oh but not Bitcoin (likely a federated chain run by the state or central bankers) HAHA

- Mentions the Federal Reserve not only in a positive light, but that they should have dictatorial power over the monetary system to operate a debt based scam currency and anyone who opposes them is bad or unreasonable

- Mentions the IMF and World bank in a positive manner when they're just malevolent institutions like the fed

- Writer dismisses metals as useful (gold/silver).  Bankers despise serfs using metals because gold and silver circulated in native form as coins are the only known sound monetary systems.  Gold "backed" currency is useless because it's essentialy the same thing as fiat in practice.  

- Affiliation with MIT (where chain anchor came from to turn Bitcoin into a permissioned ledger run by the state)

- Writer is against letting nations control their borders.  Another red flag.  Bankers and shills like Soros are trying to flood every 1st world nation with 3rd world immigrants because only a homogenous population like Iceland can unite to throw the bankers out.  If you flood a nation with 3-4 warring factions, it's a divide and conquer strategy to keep them enslaved.

- Writer is against people who want to withdraw from globalization and forced entanglements, which the US founding fathers explicity warned against.  Calls anyone that doesn't want to have endless wars for foreign entities "isolationist"

- Writer pulls the race card when anyone that has a basic understanding of sociology knows multicultural civilizations are far more likely to collapse than homogenous ones like Japan or China.  Trying to force "diversity" onto civilizations is always a divide and conquer strategy for someone else's benefit (usually the central bankers to weaken the cohesion of society to prevent being overthrown)

- Demonizes Russia for no reason (we all know the real reason - threw out Soros and refused to bow down to the bankers)

- So, in summary, Coindesk puts out propaganda directly from Federal Reserve central banking shills now.

- Also, never trust anyone as far as you can throw them that claims Cryptocurency is a superior store of value to metals.  Cryptocurrency has uses, but it will never be a superior store of value.  You need to destroy the entire planet to black swan metals, while cryptocurrency is much easier to hijack or destroy.  Metals will always be the base of Exter's pyramid and there is no possible way for cryptocurrency to replace it.  The price of Bitcoin can still go up like 100x, but if the market cap of metals is not larger than crypto, you're in an irrational market and things are going to implode.