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1  Bitcoin / Bitcoin Discussion / Re: can bitcoin wallet be hacked by hackers? on: November 26, 2017, 05:43:11 PM
Wallets are created by professional programmers and in my opinion it cannot be just easily hacked. The only reason for wallets to be hacked is just by revealing your self from phishing sites that are created by hackers.

It's not about the code.
It is about the user. If you safe your private key where hackers can come don't be surprised too see you coins gone some day. My advice is to buy a different pc just for your crypto transactions.  No internet, no download but just crypto.
2  Economy / Speculation / Re: HODL, HODL you %$@#$ on: November 26, 2017, 05:37:47 PM
I am holding for sure. At this moment I don't need the coins because i had them invested for my pension which isn't for another 20years. So I am happy to hold for at least 5 more years.

By then I will see what the price of bitcoin will be.
3  Economy / Economics / Re: Bitcoin is an asset or currency. on: November 24, 2017, 12:21:56 PM
I believe it is a currency but i think people made an asset out of it it was started as an currency but by the time it went to an asset but you can still pay with it for stuff and i think we all need bitcoin because it can give us a lot.
4  Economy / Economics / Re: Are cryptocurrencies better than regular currency on: November 24, 2017, 12:17:37 PM
Yes i personally think yes they are better because crypto currency can be worth a lot more and can even give you profit and normal currency cash can not give you profit at all anywhere so i would rather prefer crypto currency's.
5  Bitcoin / Bitcoin Discussion / Re: Saving Bitcoins for your Children. on: November 24, 2017, 12:12:57 PM
Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet.

BTC

So now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins. Huh Huh Huh

I believe that it is a great advantage for our children to have saving of bitcoin that they may be able to use in the future. The thing is a lot of speculations has been around saying that online currencies could be the future of what we use now as money. The good thing about this as well, is that it's value could potentially increase in the near future.
That is true that the value of bitcoin might increase in the future by more than 100% because the progress of bitcoin is keep on going up and a lot of people might adopt bitcoin in the next few years that will result for a huge move for bitcoin to go up and higher. Bitcoin savings for the children are the best because it can help them to have a good financial future also.
I agree with you i personally save my bitcoins for my children this way when they become old enough they can start their own business and other things if they like to because bitcoin will be much worth by then and you can get more out of it.
6  Economy / Economics / Re: Why is bitcoin better than stocks, real-estate? on: November 24, 2017, 12:07:44 PM
I think it is better because if the stocks rise they only go to 50 dollar or 100 dollars nothing ever  went to 8.2k in a year not even a year because this year is not over yet and i think it can even go higher by the end of the day.
7  Economy / Economics / Re: Is it better to save money or invest it? on: November 24, 2017, 11:53:04 AM
It will be best of you will do both, if you have the funds available better to save fiat and invest some on crypto currency.
It is none other than you who has to decide this thing that which option out of both he has to opt for. I think of investing of money as the best option than any other option but prior to investing, you actually have to save money.

Only then you’ll be able to invest your money in any kind of business. Investment will actually give you more opportunities for having more money for your better tomorrow.
I think both of them are very useful and good for future if you keep bitcoin for future so it will help you in future and investment is also very god for earning and I’m doing both but my income from bitcoin is from investment and now I’m enjoying my life with bitcoin and I will advise to everyone be a part of bitcoin and change your life.
Well both are important for a working person. People save money in different forms like jewelry, lands and others. So I think all of these forms of savings are basically an investment which people plan for their secure and better future. I also save my money in forms of property assets. Bitcoin is making the whole world amazing just by giving you many ways to keep your assists and money.
I also think both are important because people save money for a lot of stuff but i rather would invest because that is the same as saving except you can get profit and or even loss and ofcourtse i would go for the profit that is why i rather would invest.
Same goes for me i also think that it is better to invest money in bitcoin because that can give you a lot of profit and it is very easy to earn money from bitcoin you only need to know how everything works and have a lot of knowledge.
8  Bitcoin / Bitcoin Discussion / Re: Wake up before it is too late on: November 23, 2017, 03:07:20 PM
Yes wake up because bitcoin price is going up and up and believe me it is going to reach a lot and you still have not invested or earn anything at all i would recommend to try it out right now because you can secure your future with it!
9  Bitcoin / Bitcoin Discussion / Re: How do you store your bitcoins? on: November 23, 2017, 02:58:59 PM
I hold my bitcoins online at Coinbase. Even seems not secure in the first view this is only an impression and not a fact. Seems that the online wallet are the less secure but if read all the data given about this matter offered by Coin base understand the right meaning that the word "secure" has for this business. I am writing some. First must be told (even this has nothing to do with the security but with your pocket) all the fee-s of the sent of bitcoin are paid from Coin base.
Honestly, I advise you should to use other online wallet instead of Coinbase. Although Coinbase wallet has not about security our money, but when you need to withdraw your Bitcoin when Bitcoin has strong volatility in the market, that is the time you usually can not withdraw your money and pending until the price of Bitcoin stable. It is just my experience used this wallet in one year, therefore I do not know this wallet has solve this issue or not, but I think my said can help you consider.

But you didn't really offer him what to replace Coinbase with. It's like saying not to drink water but didn't say what type of other liquid should he drink. Should he drink soda, pepsi, coke? None of that information. I suggest that you find a local online wallet. In my case, the local online wallet uses the exchange rate at the time that you requested cash out. Once you've issued a cash out, the wallet is just waiting for you to pay. It does have an expiration though. I think this is to prevent having people have multiple cash out and cash in requests and use those to trade funds whenever a spike is happening and make profit just by that little loophole.

In case you want to actually be "secure", you should use a desktop wallet or an offline wallet. Coinbase is on the Internet and it's no brainer that hackers are going to try to put it down and gather all the coins that coinbase has. Once that happens, you cannot do anything because it's not coinbase's fault that they got attacked so much and with the amount of coins that's in their system, they are never going to be able to pay all that.
I agree with you but i do not trust desktop wallets but an offline wallets seems very good because if you use that no one can enter it with the internet so no hacker would be able to reach your wallet but i use blockchain en mew for my altcoins.
10  Economy / Economics / Re: Does this mean Cash will be extinct? on: November 23, 2017, 02:44:26 PM
I do not know about the fact that cash will extinct but i believe it will because we are going in the future we need to improve and this is one of those improvements to make we are getting rid of cash and only accepting crypto currency.
11  Bitcoin / Bitcoin Discussion / Re: Bitcoin will die? on: November 13, 2017, 11:48:45 AM
A big and dirty game is going on by the sharks and we are just trying to guess what may be the reason. But we don't have any clue. With the recent price increase of BCH, I expected that many miners will move to mining BCH as the difficulty is low compared to bitcoin and the price is also skyrocketing. So many people get to earn some good amount of money till the time difficulty is manageable. However, I don't think bitcoin will die in any way. It is just having some difficult time and we all have to survive it together. The current bitcoin price looks tempting to me for buying more but I just want to wait and watch for some more time to properly understand the trend.

We used to call them whales, but they're the sharks now. They take huge risks and they will be rich at the end. We only watch the market. To me, it's not a permanent thing. They do this to make their BCH argument much stronger. That's all for this week's action.

that was the thing that we are gonna do as of now but i dont even know that bitcoin will die this is just temporary and everything will be back soon we know that such a huge of pumping happen now in BCH , i may take the opportunity now to have some bitcoin but not totally because we cant say what will happen next after this happening of BCH and bitcoin.
Jihan Wu and his company Bitmain are trying to play the big game here for switching to bitcoin cash mining.
There were over $700 million transactions stuck for hours on bitcoin network waiting to be processed as a result of that, but don't worry everything will be over soon. 
no it will not die because bitcoin is a very good coin that will have a nice future because bitcoin is growing and it is a good thing because we can make money out of it. But the value now will go up and down really fast so you can make more but also lose.
12  Economy / Economics / Re: Can bitcoin improve the economy of a country? on: November 09, 2017, 10:10:39 AM
Yes it can if everyone will earn lot form bitcoin then the salary of everyone would increase this will mean the economy will increase and people will earn more in real life and in bitcoin it is beneficial for everyone.
13  Bitcoin / Bitcoin Discussion / Re: How much risk in bitcoin investement ? on: November 07, 2017, 11:07:43 AM
With investment money in bitcoin is risky, certainly bitcoin we drop by up to 100% because even lost stolen hackers, there is no guarantee bitcoin system of safe from thieves.
Can't your fiat money be stolen ? Or your investments in stocks/bonds are coming with zero risk for your money ? Bitcoin is just another type of investment so it also comes with all usual risks typically an investment will be having.

100% drop is only possible with lost bitcoins, value will never drop that much. But, honestly compared to any other investment types like bank deposits/real estate opportunities, I believe bitcoin investment is good as it is fetching high returns in quick times and hence I am ready to bear the risks it is having.
Bitcoin has a risk but not that high for an investment because the price is getting stable now because the supply is well distributed to the new users who demanded bitcoins from an exchange. Bitcoin is one of the best investment as well as real estate investment because they are both almost safe investment for me.

Do you really believe that real estate is a safe investment? This is not entirely true. Maybe is more resistant in time but real estate follows the development and economic progress of the country which is located. As an example look the prices in UK before and after brexit.
Probably a safe investment in developing countries, Malaysia, Indonesia, some south American countries.
I met a couple once who bought a big house in Cambodia for 20 000 EUR a few years ago, now it is worth 100 000 at least.
But not everyone can invest in real estate, and for now, the profit made with Bitcoin is more interesting and obviously much quicker.
Don't be too greedy with Altcoins though (or pray you get lucky.)  Smiley 
I agree with you but it is safe for me too and we are a developed country since way back i will say it is not risky if you earn them you do not even have to invest anything at all just earn everything and you will make profit.
I guess you mean earning Bitcoin by joining signature campaigns, in that case I agree. You will need time though to earn like 0.1 BTC, then 0.2 BTC but be patient and dedicated, Rome was not built in one day...
I agree with you earning 0.1 BTC a day is almost impossible unless you have been here way too long and know how it all works i have a friend who earns that amount and he is doing this for 3 years so that will take the time.
14  Economy / Economics / Re: What will happen if the government know bitcoin in your country? on: November 06, 2017, 10:29:24 AM
Nothing i think they will invest in it or even let people who cash them out pay tax because the government always wants money and that is why they would tax it everything but people would still invest in bitcoin.
15  Bitcoin / Bitcoin Discussion / Re: Do you keep buying? on: November 03, 2017, 10:20:54 AM
I keep buying some bitcoins when the price is really falling down. When its falling 2 thousand in price. So i buy it and sell it when it is at a really high price.

I expect to sell my coins when the price is at 10k at least. I will continue to buy bitcoin and do this method.
16  Economy / Economics / Re: Why do people keep saying BTC is dead?! on: October 26, 2017, 10:02:05 AM
They are don´t know what bitcoin is. Know that bitcoin is unstable so it can sometimes fall very hard and rise up very high. This makes bitcoin special.

Thats why I collect now all the coins i can get of bitcoin. They will be worth a lot in the future.
17  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Who is buying up all the cheap alt coins now ? on: October 24, 2017, 02:48:13 PM
Well i do buy some coins that are really cheap. Just because i don't have a lot of money. I bought some ETH, litecoin and dent. I think they will rise in the near future.

If they rise i would sell and then invest in other coins. I think this time on bitcoin.
18  Economy / Economics / Re: When to buy and sell bitcoin on: October 13, 2017, 10:56:54 AM
You can buy bitcoin when the price is low. For an example the price was a month ago falling very hard of bitcoin. That was the time for you to make an investment. The price of bitcoin is now 5600 dollars. So this means you had a lot of money. I missed to invest because i was still studying. So maybe next time.
19  Bitcoin / Bitcoin Discussion / Re: Why should people use Bitcoin? on: October 12, 2017, 10:29:54 AM
People should use bitcoin because of the privacy you can get. Your government can't see how much you have and even the CIA can't see them. Only if you are hacked xD.

People should also use bitcoin to earn more money. It is like a job for home earn money at home.
20  Other / Off-topic / Re: Bitcoin is a good investment now, because... on: October 10, 2017, 03:05:43 PM
I expect to grow and grow in value.
Lets suppose, u get 10% increase per year.
How many investments will give you that?  I see btc, after all, not a high risk at all.  What are a high risk are the alts.

Good point, however the price increase this year was mental and some think it is overvalued and might correct, then you would burn your fingers to get in now

Well i think that the price increasing means that they are trusting bitcoin. I am not thinking that its only mental. If it was mental it wouldn't have got to 4800 dollars again.

It would be then at around of 3500 dollars. Nowdays more people are supporting bitcoin so I am not suprised.
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