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1  Bitcoin / Bitcoin Discussion / Re: Is bitcoin used by criminals ? on: March 29, 2018, 07:05:02 PM
We dont know , but theres a possiblity that bitcoin is use to perform illegal activities.  And because of this illegal activities a senator in my country files a bill penalizing the use of cryptocurrency.

Well at the beginning it was used by a lot of criminals. I still do think that many illegal activities happen with bitcoin but not as much as before it became famous.
2  Economy / Speculation / Re: Am I late ? on: November 22, 2017, 02:26:31 PM
You are far to late for joining the bitcoin community but you still have a chance at making money because bitcoin is a unstable currency so it will go down one some times and you should use those moments to buy your bitcoins and make money out of it.
3  Bitcoin / Bitcoin Discussion / Re: Why use Bitcoins ? on: November 22, 2017, 02:22:30 PM
By the use of bitcoins you can make a lot of money by doing nothing with it. So you can make money by just holding your bitcoins and if you buy things with it there is no one who knows what you buyed. Because the government can't see what you are doing with you bitcoins.
4  Bitcoin / Bitcoin Discussion / Re: Will bitcoin end? on: November 12, 2017, 10:50:58 PM
I don't think that bitcoin will ever end because bitcoin is only growing if it was a little coin them of course it would have ended a long time ago but it is now in it's prime time.
I don't see bitcoin ending in a long time i think it will stay for a whole long time before leaving us.
5  Economy / Economics / Re: Electronic Money vs. Physical Money on: November 12, 2017, 10:35:21 PM
Electronic money doesnt rotate on just bitcoins or cryptocurrencies,be mindful that us dollars and other currency can now be use in an online wallet which works same as cryptocurrencies.But comparing electronic currency and physical money i would rather have electronic money because its more convinient
I agree, by using electronic money like creditcards is much better because you can't lose your money because it is all online and if you lose your wallet you just get yourself a new card and that is it. No one can steal your money but with physical money someone can buy things with it.
6  Bitcoin / Bitcoin Discussion / Re: Can cryptocurrency make real money disappear? on: November 12, 2017, 10:25:48 PM
Well if the cryptocurrency gets really popular in the future it might happen because in the future everything we buy will probably be online.
So i think that it is possible for cryptocurrency like bitcoin can be such a important coin in the future that it will replace paper money.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: about airdrop on: November 12, 2017, 10:14:42 PM
If you find a airdrop that looks not like a scam then you should just follow the rules and you will eventually get the coins but most of the airdrops are a scam.
So you should really watch out in witch airdrop's you join. Like does the website look professional does it have some weird things on it.
8  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: November 10, 2017, 10:24:41 PM
It is really important to know what the price of bitcoin is because if you buy bitcoin at a high value then there is a possibility to lose your money because the value will go down eventually and i think that it is the most import reason why everyone is investing in bitcoin.
9  Bitcoin / Bitcoin Discussion / Re: Will bitcoin end? on: November 10, 2017, 10:18:25 PM
I don't think bitcoin will fall easily i think that bitcoin will survive many years and bring us a lot of profit. Because the bitcoin is only growing if you look at the value now and at the beginning of 2k17 you will be shocked because there is now such a huge gap within bitcoin and other coins.
10  Bitcoin / Bitcoin Discussion / Re: Is this SUDDEN price rise good for BTC? on: November 10, 2017, 10:10:47 PM
It is really good for bitcoin because of the pump a lot of new investors came to invest in bitcoin and the popularity spread a lot. And now because of the new investors the bitcoin value will go up for sure. I think that the value might go down tho but will go back up like it always does.
11  Bitcoin / Bitcoin Discussion / Re: Oh This is just the beginning on: November 10, 2017, 10:04:26 PM
https://www.coindesk.com/bitcoin-classic-announces-closure-in-wake-of-segwit2x-suspension/

Bitcoin will be under $1000 by Monday or Tuesday.

Zander wrote:

"In at most six months I'm sure we'll just drop the 'Cash' and call it 'Bitcoin'."

wow!

and Im tired of paying $20 transaction fees, so good. Its finally over.

You know what I really dislike, all this funny faces, like BCH would change anything behind the curtains.
It is the few that had many BTC, who are able to buy even more BCH now.
If you had none, its already too late, BCH hit the $1000 today.
What is so amusing now?
It is not money for free, though some who had those $7500 Bitcoin, now think its that way.
Even worse, BTC started at literally 0 Cent, and everyone could get it.
With BCH this was never the case. ITs even worse, now that everyone knows,
tomorrow this $1000 BCH could be $10.000 or more.
It is a privilege, for those who owned BTC....nothing has changed.
This is nothing. 7k? pff bitcoin sure surprised me when it went 3k up in 3 months i was like what happened how is this possible. But i don't think that this is the top that bitcoin can manage because bitcoin might even reach 20k because of the huge pump a lot of new investors joined so the value will go up.
12  Bitcoin / Bitcoin Discussion / Re: Do you think digital currency will ever replace paper money? on: November 10, 2017, 09:57:19 PM
I don't think that will ever happen because not everyone have the technology like in south afrika. I think that paper money will always exist because people can be sure that they get the money because maybe in the future people come up with something that you don't pay but still get what you want.
13  Bitcoin / Bitcoin Discussion / Re: How did you first hear about bitcoin? on: November 09, 2017, 07:47:10 PM
When i first about bitcoin was when my friend had a lot of money one day at school. Then i asked him how he got that much and told me that he got it from bitcoin.
Then he told me about how i could get it aswell and teached me how bitcoin worked.
14  Bitcoin / Bitcoin Discussion / Re: How long bitcoin will survive ? on: November 09, 2017, 07:41:12 PM
I'd say that Bitcoin can survive till there's a powerful neighborhood behind it t support it positively not to mention a group of versatile primary developers to help keep software program current to handle the real-time issues.To tell the truth, I don't see any external risk for the Bitcoin that could destroy this network. Governments support Bitcoin on lawful reasons so far as it is getting used for legal activities. Alternative-cash may succeed over time but there won't be any issue when it comes to the success of the Bitcoin.o
I agree. Because bitcoin has the potential to make it big in the world and be like the online coin that everyone has some of. I think that as long as ethereum doesn't get as popular as bitcoin that bitcoin can stay alive for at least 20 years.
15  Bitcoin / Bitcoin Discussion / Re: Is holding bitcoin Greedy? on: November 09, 2017, 07:36:30 PM
I think it is very greedy because if you are holding bitcoin that means that you want more bitcoins but you should know that the value won't be at this high number for a long time. Eventually it will go down to around 3 to 4k and if that happens you will lose a lot of money.
16  Economy / Speculation / Re: I BUY GOLD OR BITCOIN? on: November 08, 2017, 10:52:31 PM
I will prefer to buy bitcoin because it is the best investment. You wont regret. Bitcoin prices are rising day by day. Bitcoin is more profitable than gold.
Yes i think that is a very good choice because bitcoin will earn you more profit than gold would because bitcoin is unstable and keeps changing in value.
So it is risky of course but i don't think that it will have downfall soon.
17  Economy / Economics / Re: So, you want to be rich? All of you ? on: November 08, 2017, 10:47:41 PM
I think that it is smart to invest in bitcoin because that is a really easy way to get rich and i honestly think that everyone who even thinks about bitcoin wants to be rich.
And bitcoin has the needs to make you rich and all you have to do is give bitcoin some of your time.
18  Economy / Speculation / Re: Is it too late to buy bitcoin? on: October 25, 2017, 04:24:56 PM
I think it is now to late to buy bitcoin for some people because you wont make much bitcoin at these times. Only if you have a huge amount of money to buy bitcoin because then you will still get a nice amount of bitcoin. But ofcourse it is possible for the bitcoin value to drop again and that is the time you need to buy bitcoin.
19  Economy / Economics / Re: What will happen if we use a one currency only? on: October 20, 2017, 08:43:45 AM
I believe that using one currency will not change anything. The poor will have less money, but the rich have more. Simply, the currency will be replaced, but the possibility of earning will not change.
If we will use the only currency then I think the only thing that will get change is the bitcoin and the importance of the bitcoin. In the past the bitcoin is being famous and it is the source of income for me. The currency of the bitcoin is not just the currency but it is the saving and the investing as well so I think it is very good to have so I think if we will use the only one side income.
Yes it possible because the world is becoming a global village and in one village there cant be multiple currencies. So the world has to be get down foe people betterment and easiness. If the concept of time traveling become true then there should be one currency for people who can use it every place because after the use of Time travelling someone setting in Australia will be in new York with in 5 minutes.
the possibility of a world money is absolutely not another one, In my own particular point of view, Developed countries would positively profit since there would never again be cash chance in universal exchange. Likewise there would be fairly a leveling of the worldwide playing field since countries like China could never again utilize cash trade as a way to make their merchandise less expensive on the worldwide market.
20  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: October 13, 2017, 06:29:25 PM
I think it is possible for bitcoin to become a global currency because of how fast bitcoin is growing. You can see bitcoin reaching almost 6k while 2 weeks ago it was 3k. This is why i think bitcoin will even reach higher numbers and can easily be the second paying method instead of usd.
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