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8721  Bitcoin / Bitcoin Discussion / Re: Why Cash is better than Bitcoin. on: May 30, 2017, 04:54:58 PM
Yes cash better, can directly be used for any transaction while bitcoin can only be used to buy goods online and need to work with certain parties.


You are correct but you are just looking there.
Try to move your head into a different direction and you will see.
Cash is just better for physical trading and buying stuffs.
What else could it do?
That just stops there. There is so much to be done with bitcoin specially now that it is booming in value.
Projects are being created and some are already accepting it as a payment option.
The best of all is investing on your own. You dont need a broker a manager or anything they call them. You are your own.
8722  Bitcoin / Bitcoin Discussion / Re: International Money Transfer on: May 30, 2017, 08:21:39 AM
Is bitcoin cheaper than other options for international money transfer? I have seen many agree with it and many dispute it, but not with hard numbers.

As other options are expressed in terms of a percentage (eg, 4% fees), this needs to be the comparison for bitcoin, at various amounts of money, despite that bitcoin transaction fees are apparently unrelated to the amount being sent. Let's also say for the sake of argument that a transfer within 24 hours is acceptable.

It is the same as other money transfer companies.
The larger you send the larger the fees will become.
If you want security then bitcoin is a good option.
For now, if you want cheaper one you can go with other money transfer and also speed.
That have been a problem for bitcoin for like 2 months or 3 now.
The fees are actually lower but because of the sudden increase in value it looks like it is expensive.
8723  Economy / Economics / Re: Bitcoin price is recovering! on: May 30, 2017, 04:44:39 AM
Some say that there is a downtrend framing however I don't trust it. All specialized investigation can be rendered futile in any unforeseen development that is not expected, that is the reason i dont have faith in specialized examination, it's deceptive.

I dont believe that.
Examine all they want and I will just go with the flow.
If it goes down then buy more. If it goes up then sell.
It had been done for years and still it works.
Many have already taken profits with just doing that. Making a capital then rotate it as much as possible to increase the number of bitcoin that they will hold in the future.
I just trust my instincts.
8724  Bitcoin / Bitcoin Discussion / Re: Could Bitcoin ever replace conventional money? on: May 30, 2017, 02:07:18 AM
Many points should be considered before that could happen.
1. Stability on price. People would not want their money dropping in value in an instant.
2. The transaction time should be fixed. Who would stay being a merchant when he cant see the payment coming after the trade.
3. A country with a high technology. Japan did it because of that. Not all are like Japan and it will take years before other countries could be just like that.
8725  Economy / Speculation / Re: Bitcoin was at 2500$ on: May 29, 2017, 06:34:19 PM
Just some movement with bitcoin price and they panicked.
What a nasty way to think of how an investment work.
If you cant take it then you could find another option to where you want to put your money.
There is the bank and mutual funds where you could profit "safely" like they say.
But how old are you before you would even see how much you gain.
8726  Economy / Speculation / Re: Time to buy? on: May 29, 2017, 04:20:09 PM
No time to waste. Buy if you feel like buying.
Think about this. Does anyone know when it will rise?
You can always make your own decision. Everything they say here will just be speculations.
There will be no exact or perfect prediction.
Regrets do come at the end.
8727  Economy / Economics / Re: Possible big Crash coming within 10 days on: May 29, 2017, 10:39:00 AM
Everyone do have a prediction here.
To those who are reading this specially the new ones. You dont need to believe any predictions here.
If you do have one and can be proven by your own facts then use it.
All of those who are posting here or making thread about predictions are just guessing. Beware of making a panic sell just because you have read something that it will go down.
How about you OP? Have you read something that it will come down from a Legendary to say this kind of prediction?
8728  Bitcoin / Bitcoin Discussion / Re: Bitcoin banned in Ecuador on: May 29, 2017, 08:46:26 AM
A third world country like Ecuador can ban anything they want but they will not have the technical know-how and enough man power to enforce the ban. They have other more pressing matters in their country like violent crimes, corruption, poverty and other crimes.

I would have to agree with that. Enforcing it is the hard specially for a country which not yet cured all the way.
China can do this but it is a long way in standards to what is Ecuador now.
Ban it or not there will be people who can openly use bitcoin whenever they want to.
Being a part of something better in a country which lost its hope is better than staying to what the country is giving
8729  Economy / Economics / Re: If bitcoin price is $10.000, will fiat be worthless? on: May 29, 2017, 02:55:09 AM
Although bitcoin will become a global payment tool but I think the paper money circulating now will not collapse as you think
Because until now not everyone is familiar with bitcoin

And not just that. Fiat system is still the easiest way to trade physically.
Not all have the technology like a smartphone which happens to be needed if you want to trade with bitcoin.
Also we needed internet at many times and not all can afford it like that.
They would rather use that money for food and shelter rather than use it to pay internet rentals or bills.
It is not going to be dissolved in many years to come.
8730  Economy / Gambling discussion / Re: What is better? To gamble or to invest? on: May 28, 2017, 06:21:10 PM
Gambling is not a better choice to compare on investing. But gambling is better and worth trying rather than investing on ponzi/hyip program.

You got it right.
There will be no fight with ponzi schemes.
It is like just giving your money away. Sure I would pick to gamble rsther than that.
The very least is I could play and enjoy it rather than put all out money in one wallet and never to see it again.
That is way too wrong.
8731  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin on: May 28, 2017, 04:33:35 PM
In my point of view, the future of Bitcoin will be stable. there are some issues which will verify my argument. Day by day it's getting bigger and popular to the people and gaining credibility as well as acceptability as a virtual currency.
Not only that but also creating high rate of value so I think, Bitcoin will be last longer.
Yeah surely it will be no doubt the way it is gaining popularity among the people and specially in the various countries who are now trying to legalize it are making it more powerful and this is the ultimate reason of the Bitcoin prices to high and benefit the users more.

Yes. Japan did it and I think many countries can do it also. We just need more technology that will be supported by the government.
The price hike now, I am thinking Japan made a part of that also.
With legalizing it and being an option for payment made people of Japan question what is that and they might also seen how it could increase so they bought more. Just a speculation though.
8732  Bitcoin / Bitcoin Discussion / Re: Would you buy Bitcoin now with hard cash? on: May 28, 2017, 02:28:23 PM
Would you buy Bitcoin now with hard cash since the price or value increases daily, or you just going to earn it through mining, faucets, social media and signature campaigns?
Well if i have idle money i will buy bitcoins now with hard cash, the value increased because correction
it will not be long time, unfortunately i don't have much idle money, i just have capital for trading altcoins
earn bitcoins from other ways are just bonuses.
Same is with most of the common users, because they try hard to make a better earning through bitcoin rather than buying with hard cash. Mainly the big investors are the one who make use of hard cash to buy bitcoin depending upon the price increase and decrease.

Correct that is the easiest way although it is not that fast to make money out of just servuces and other bitcoin paying jobs.
This things needed some intellect or specialtist in to which you could prefer.
Not all have that. Some have studied it and some practiced it way hard just to achieve into being the best.
Some of users here are getting paid thru that. Programming, photoshop or writing skills.
8733  Economy / Gambling / Re: Are provably fair gambling sites really provable? on: May 28, 2017, 09:56:19 AM
At some moment of me playing gambling I have also asked myself about that.
Is it really that provable. Are they really obeying that kind of rule.
I dont much about how they are programming this kinds of service but still when I play I always think like there is mechanism to when it will give wins or losses.
Maybe I am just paranoid.
8734  Economy / Economics / Re: Bitcoin reduces unemployment on: May 28, 2017, 06:58:31 AM
Actually it did. But some part of it you cant identify as employed already.
Employment means you are either the employee or the employer.
It is more like a freelance job which is not really stable. You can end up losing it or you can end up getting a lower income because of the bitcoin movement. That is if you are being paid through bitcoin.
8735  Economy / Speculation / Re: Bitcoins dropping in price on: May 28, 2017, 05:14:50 AM
Who can please explain to me why Bitcoins price is dropping and going up steadily?


I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?
It is shocking about the drop which is big time in just a day and about the rise it is getting slow but steady.
All of this I think just came from the buying and selling part of bitcoin holders.
There might be someone who can identify to which it will go and they are really getting a lot of profit from the sell part 3 days ago then now they are purchasing bitcoin again.
8736  Economy / Exchanges / Re: BTC lost through lending on Poloniex? on: May 27, 2017, 04:51:15 PM
Uf, it's sorted out (my stupid error in administration  Embarrassed ). Thanks for the help everybody and sorry for the confusion. It is also a reminder for me that when participating in lending/margin trade it is good to keep a very close eye on in and outgoing transfers. The information that you can gather afterwards is limited. Yet another crypto lesson learnt.

I want to mention that there was NO error of Poloniex or system glitch (what I suspected at first). No blame there.

Thank God you saw the problem.
I thought there is going to be a heck of an explanation again that could end up in losing some trust rating of that great website.
I think you should edit your first post for people to see this was fixed to avoid getting more comments which sometimes could be bad and will start a bully thing again.
8737  Economy / Gambling discussion / Re: Is winning at Sports betting actually possible ? on: May 27, 2017, 02:00:31 PM
I am just an amateur gambler and bet on sports. i saw this thread today on the forum of a tipster ajaxmoor and he is destroying his picks. i think he has more than enough wins i have ever seen in a row. If tipsters can predict games like that how are sportbooks not losing money ? is it just luck ?

Prediction only it is not sure. Dont even have the facts to back it up.
Dont just believe anything that you have read specially in the gambling industry.
Use your own luvk or use your own knowledge about one team.
This prediction dont end with the right selection as always. They just use some points or some history to make it look true.
8738  Economy / Economics / Re: Where did you first heard about Bitcoins? on: May 27, 2017, 08:20:10 AM
First time i heard about bitcoin from a newspaper subscription around 2011. I read about a cryptocurrency that has tremendous price potential over the next few years. However, i just learned it by end 2014.

Wow. Thunk about it if you got involved with bitcoin at 2011. You might have been really rich now.
I just learned it a year ago but the regret is actually why I sold some of it with just a little increase.
I guess I am also one of the panic sellers before because I lack trust with what I invested with.
But now, I am trying to stop looking at the price and just letting it do its job of increasing in value.
8739  Bitcoin / Bitcoin Discussion / Re: How many people are asking you about Bitcoin now? on: May 27, 2017, 04:37:32 AM
I am glad to know someone on my relatives knows it. I was shocked at first thinking why would he know that.
I didnt even talk about bitcoin.
I guess it is because of one game in an android application. They are looking for another option instead of Paypal because they dont have one. They have read it is easier with bitcoin specially when it comes to withdrawal.
Good to know bitcoin is somehow known as a good option when it comes to that service.
Time to explain to them.
8740  Economy / Economics / Re: The best investment you ever made? on: May 26, 2017, 04:27:06 PM
Just made an investment two weeks ago when the price of bitcoin was 1500 dollars. Then i bought bitcoins which I was able to buy and boom look at the price today it's above 2500 dollar. I just made profit window worth 1000 dollars. That was amazing investment for average guy like me.

Cool. And that is way too fast for an investment.
Mutual funds cannot ever do that even banks which just gives a percentage of what you saved.
Yes the risk is there. But what the hell! I would rather risk for a larger profit than go waiting for years before your money can be felt to have profited from saving.
Plus it didnt take long.
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