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921  Economy / Economics / Re: People are not motivated by money. on: October 03, 2018, 04:26:11 PM
I am personally motivated by the kind of love people show me when I am with them. It's not about getting g money from people but in everything,let love lead and it is my source of happiness.

Somethings money cannot buy it and this is one of the things the love , friendship , relations etc which is above money . But money is something which is nowdya required in majority of things and to love a good lifestyle and enjoy the world .

You're right, so much motivation is earned in addition to money. but, I think everyone is motivated to be rich, and because of that we always work hard every day. and of course money is the target of that. but sometimes a high rank is also a good motivation.
Nowadays most people are only work because of money, they do anything just to earn. In this world money is powerful because if you have a lot of it your also powerful, that's why many people are getting interested in cryptocurrency because to it they can get huge earnings through it. Also I think people get motivate to work because they they can get money from their hardwork.
922  Bitcoin / Bitcoin Discussion / Re: Bitcoin is rare on: October 02, 2018, 11:07:36 PM
"rare". This is very possible. But Bitcoin and altcoin need to be developed and used even more!
Rare is not that valuable! Value when used widely and practically!

the scarcity of bitcoin is actually we have to develop again, so that in the future bitcoin will be better than now, it's just that we need cooperation to build again.
For me Bitcoin is rare interms of its supply because if see for the past years, this coin is having a low supply but the demand is triple its growth. So for me low supply and high demand is the reason why is price is higher than other cryptocurrency. Also those people who do mining of bitcoin they say it takes a years before they can get Bitcoin, so I think Bitcoin is really rare.
923  Bitcoin / Bitcoin Discussion / Re: Bitcoin is now consuming 1% of the world's electricity. Is that sustainable? on: October 02, 2018, 02:20:55 PM
One year ago Bitcoin's network was consuming as much energy as Ireland. Now it has apparently doubled and now it is consuming 1% of the world's total electricity consumption.

https://digiconomist.net/bitcoin-energy-consumption

This, in a time when the world is trying to reduce carbon footprints to avoid or slow down global warming.
Is Bitcoin sustainable as it is?
I don't think so - in fact I'm sure it is not. There is a limit to insanity.
More data here:

https://digiconomist.net/bitcoin-energy-consumption

What is likely to happen next? Which are your thoughts?
The most important characteristic of bitcoin is its sustainability as it has made its existence since more than a decade and not only this bitcoin is that resource of the world that could hardly be exhausted as now till date there are millions of people around the world who are investing into bitcoin, as I heard the rumour that bitcoin is now consuming 1% of total worlds electricity and will consume double the amount of electricity as consumed the the entire world currently in the coming decade, so this is all rumours and nothing is going to happen like this.
I think Yes, even its consuming 1% of electricity it is still worth it. Bitcoin is only one that exist for many years and its sustain its existence until now. Also possible to Bitcoin to have changing because many people are now using it. If it continue to be like that possible Bitcoin will be more stronger and successful this time. The only need to do is keep believing to it to continue its legacy of being a best crypto.
924  Bitcoin / Bitcoin Discussion / Re: My sweet and bitter experience about bitcoin on: October 02, 2018, 01:34:22 PM
So wide experience.
I have a lot experience about Bitcoin and most of them are good that's why I'm still here and continue in cryptocurrency world. I hope I'll be make last longer so that I will be able to exceed or learn more about crypto especially in investing. Cryptocurrency is really helpful especially in financial status and many right now have better life because of it. I hope someday i will be the same as them or become rich through it.
925  Bitcoin / Bitcoin Discussion / Re: Dealing with Bitcoin or Crypto haters. on: October 02, 2018, 12:11:42 PM
Just ignoring its subject, it's not a big deal. I've shared the bitcoin and its importance with a friend of mine but I'm still skeptical after all that I said. So I showed him the value of the list before I left and I received a call from him less than an hour.
I think its better to deal with Bitcoin than crypto haters because instead of dealing to the haters of bitcoin its better to focus only in Bitcoin then surely you will get from it, unlike to those crypto haters they saying only what they knows but they really dont know what Bitcoin is. Don't give any attention to those crypto haters because as long as you give your attention to them they will be more eager to say nothing about Bitcoin.
926  Bitcoin / Bitcoin Discussion / Re: How well does Bitcoin function as a currency? on: October 02, 2018, 10:55:53 AM
Bitcoin works well as a medium of exchange and more and more large organizations are beginning to accept it as payment for their goods and services.
Bitcoin used as exchange and it also accept as payment in some country, and that's how it function as currency. If Bitcoin continue to be well-known possible the country that accept it will increase, and that is mean Bitcoin will be more stronger and more valueable. I think Bitcoin will become more popular this time because it has many supporters and believers and when years goes by there are possibility it will be used as alternative as payment.
927  Bitcoin / Bitcoin Discussion / Re: Why shouldn’t we be concerned? on: October 01, 2018, 03:14:48 PM
Getting worried about the current price of bitcoin and other cryptocurrencies won't change anything. All anyone can do is to remain calm as this is not a situation that people have never witnessed before. Bitcoin will definitely bounce back as it has previously done.
I think there's nothing to be worried because the current situation is not defined the whole cryptocurrency situation, it just a part of the market that having a dump and pump again. I think it better if we are optimistic whatever happen because it cause to us a positive thinking and that are we need right now. Don't worry sooner or later it will change the current situation.
928  Bitcoin / Bitcoin Discussion / Re: Blockchains will create a better world on: October 01, 2018, 02:17:21 PM
It's not right to think of Blockchain as just money. A large piece of a puzzle, only a few pieces of crypto coins. Apart from money, it promises a great technological development.
For me blockchain create a better world interms of technology, if they used blockchain in technology then surely the transaction will be more faster and easy. Also if lot of people are into it then it will help us especially in financial. I think if the technology of crypto are we used today then possle many people will be able to used crypto and get knowledge about it
929  Bitcoin / Bitcoin Discussion / Re: More Regulations For Cryptocurrency? on: October 01, 2018, 01:27:29 PM
Bitcoin is already regulated by Rules– Computer algorithm with Community's supervision unless you want a Centralized regulation–Govt type regulation?

If government regulates Bitcoin it automatically becomes fiat.

Regulation will destroy most important features of Bitcoin,like the decentralization, Censorship resistance, permissionless, and immutablity,

 Corruption will takeover.

Even Printing Bitcoin out of thin air may become possible.


But I am convinced Bitcoin cannot be regulated.

* The way out for a clever government is to create "rival coin, gives it the value/appearance of Bitcoin and slowly replacing Bitcoin with it on Centralized platforms.
* Or the total control of the Internet.
I think it impossible to have regulation for cryptocurrency but if there have then surely the scam crypto will be lessen so that the remaining will be the good one. But since  most of cryptocurrency are decentralized so nobody can't be regulated it. The best way we can do is to be prepare for whatever its price whether its higher or lower because crypto is unstable, if there are can regulate it then possible its value will have improvement.
930  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin safer than banking? on: October 01, 2018, 12:36:26 PM
Reports have it that bank frauds still continue to happen despite of strict security measures being taken by the banks. Just between January to July 2018, just timeshare fraud alone had 1.155 reported cases. It's when you’re told you can go on a free holiday or get rich by joining an exclusive holiday club or timeshare programme, but you’re eventually forced to pay for it through small print in the contact. That is not to mention other types of fraud like identity theft etc.

This gets me thinking, is it safer to just have bitcoins, or cryptocurrencies for that matter since it's not regulated by banks? What do you think?
For me, bitcoin is much better than bitcoin because here you don't need to have papers and contract just to invest here in bitcoin their are helping us to earn money and to save money for the future, whatever you do to your money it will not cause to debt because the money you earned will continue to grow unlike in banks while you were having fun the money you have will be lessen that will cause to debt.
Both of the are safe but for me Bitcoin is to hold and invest while banking is good to store your money. Bitcoin have unstable value so that its good to hold it to grow also its safe when you invest to it but the problem is the unpredictable market. Not all the time Bitcoin have higher value because sometimes its goes down. While banking is safe also especially if that bank is well-known.
931  Bitcoin / Bitcoin Discussion / Re: Three things you should not do when Bitcoin prices drop! on: September 27, 2018, 10:46:20 PM
I totally agree with your points, people miss them alot, if you are here to make money and trade there is other ways, but if you invest all the money you have and stare at the charts, and invest in the FOMO, there is a big chance you will lose what you invested by doing the wrong moves, think about the long term, or be smart about trading.
I think the three things that we shouldn't do are selling and trading our coins or buying cheaper coins without looking its if that coin have worth. We should wise even more especially in cryptocurrency because before you earn to it, you need to know that its not easy to do, you need to strive more and need your time and effort. So doing the dos and donts will help us to avoid mistakes.
932  Bitcoin / Bitcoin Discussion / Re: Bitcoin will be stronger this time on: September 27, 2018, 01:43:31 PM
bitcoin will be much stronger. This has been proven many times in history. Bitcoin prices each year confirm a new record. And this year I believe the bitcoin will come back vigorously and raise new record prices compared to 2017.
 
Yeah I agree because I believe Bitcoin has really have potential so it will be more stronger and more profitable. Also Bitcoin is really have future so that its possible to it to become more steonger and also its has proof that it will be more stronger
933  Bitcoin / Bitcoin Discussion / Re: NO! Do Not Invest all you have on Bitcoin and Cryptocurrencies on: September 27, 2018, 12:58:25 PM
In investing in bitcoin, intelligence and calmness are needed, so as not to obey lust and be carried away by emotions that ultimately make our lives suffer. I agree that we do not invest everything we have into bitcoin, because it is very risky that we eventually get stuck in a situation where we have no choice. invest a portion into bitcoin and the rest we can invest in others, so that when the price of bitcoin is down we don't panic, because there are other investments that we have to make a profit.
Investing all your money is not wise so you must invest wisely so the risk you might take is not that high. Not only to Bitcoin but to all cryptocurrency you must be careful of choosing coin to invest and be wise once you do it. I suggest divide your money, half in your investment then half for your saving so that you have atleast money when your investment goes wrong.
934  Bitcoin / Bitcoin Discussion / Re: Uzbekistan legalizes Cryptocurrency! on: September 26, 2018, 04:51:30 PM
That was more than half year ago, but I did not know that. So I'm glad that one more country joined our crypto family. That's sad that I didn't hear good news like that lately.
Yes, it is sad that recently there is no good news, but do not be discouraged and lose faith in cryptocurrencies, I'm sure that soon the crypt will show a good result)))

Nowadays there are a lot countries are accepting cryptocurrency, I think because they saw a potential to it. It seems that some country is going to trust and believe to it and I think its great news because possible the country accept crypto will increased even more. Its a good sign because it means crypto will be more popular and possible can be accept as payment for any malls, so if that happen our transaction will become faster. 
935  Bitcoin / Bitcoin Discussion / Re: Bitcoin has stabilized? on: September 26, 2018, 04:12:23 PM
I think that the stabilization of Bitcoin's price may take more time than it seems to us. Perhaps in 2020 the price will again be able to exceed 20000. I would not expect a strong growth in the near future.
It seems that Bitcoin price is still falling that's why many people are worried about it because some of them put higher amount of their money to invest Bitcoin but the price of it is not yet rising and many people are waiting for its come back. Also Bitcoin can't be stabilize because even the other crypto are always fluctuates, so surely they will dump and pump all over again.
936  Bitcoin / Bitcoin Discussion / Re: Change Your Mind About Bitcoin on: September 26, 2018, 02:51:05 PM
I think the birth of bitcoin has helped our lives a lot. So do not think negatively about it. Its birth has helped change the lives of so many people. Although its price is falling but I'm sure it will not die and not the bubble as you think. Bitcoin is still young and it will grow better in the future. Over time it will get more positive support.
i never change my mind about Bitcoin because i know in the end it will grow and rise again. Also there no reason to change my mind cause i know even its having a dropping price it will back again. Im still believing to it no matter what happen, keep positive help me a lot to still supporting Bitcoin that's why I always thought that bitcoin is worth it even its falling or rising.
937  Bitcoin / Bitcoin Discussion / Re: Does bitcoin control the market? on: September 26, 2018, 10:22:07 AM
Bitcoin doesn't control the market, the giants holding the new cryptocurrency market control this market.
No, Bitcoin cannot control the market because market is unpredictable, in other words no coin can control it. Bitcoin price is depend the demand of it, also when BTC goes down the other crypto is also goes down it means other crypto depend to the current situation of Bitcoin price. While market the possible can control to it is those investors because they are the once hold lot of crypto.
938  Bitcoin / Bitcoin Discussion / Re: Samsung is going to accept Bitcoin on: September 26, 2018, 09:36:28 AM
heard about it. this is a wonderful news that shows that the crypto currency will live and develop a lot more
Well if its true that great news because it means they gradually accept Bitcoin and possible it will become more well-known the as great digital currency. If samsung really accept Bitcoin then it will be more faster to know the current situation everytime we check its status. Also it is very helpful to us once Samsung truly accept Bitcoin because most of people are using thier smart phone and many of them are using samsung phone.
939  Bitcoin / Bitcoin Discussion / Re: Government trying to stop bitcoin, what I see on: September 26, 2018, 08:50:53 AM
What you see isn't necessarily correct. You should remember that half of the truth isn't true. That only confuses people around other Bitcoin values and the crypto market.
Even the government trying to stop Bitcoin but they cannot stop lot of people to used and as long as many people are still pursuing to used Bitcoin. I think its better to government to not tamper those people who want to earn by using cryptocurrency because they don't see Bitcoin is really helpful especially in financial  to all of people who used it. And I think they cannot stop it because they don't how its technology wotks.
940  Bitcoin / Bitcoin Discussion / Re: At this time buy and hold bitcoin smile in future on: September 25, 2018, 10:20:11 PM
This is good advice. I think you need to invest in Bitcoin, but you need to react quickly to change. Courses cryptocurrencies change every day. You need to monitor changes every day and make decisions.
Whatever situation of Bitcoin it still worth buying and holding because eventually you it will rise. But if you have other coin then you only need to do is to watch the market everytime because its suddenly changing. Watching the market is the good way to know what the current situation and know what the best thing to do when it movement changed. Bitcoin is really have potential but its not always is in the best situation, so you also need to monitor its movement.
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