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1  Economy / Economics / Re: Bitcoin price is recovering! on: November 23, 2017, 03:03:44 PM
It is only going up now so that is a good thing. And i think that it will probably go even higher because it will only grow because there will be more people joining. And maybe after a few months it will reach 10k.
2  Economy / Economics / Re: Investment amount on: November 13, 2017, 04:45:25 PM
Quote from: fasdorcas on October 31, 2017, 05:57:47 AM
Quote from: djgtr on October 27, 2017, 10:47:17 AM
Quote from: Lykslyks on October 27, 2017, 10:14:27 AM
Quote from: newby1989Jona on September 11, 2017, 07:35:12 PM
How much would you make as first amount? I was thinking  £50 bit even if this times by even 10 that's only 500.

Would 300 be a more realistic start

It depends on you. How much money can you risk for an investment? No matter how big or small you invest into something, there is always a risk. If you can't take the risk then start with a small amount of money, but always remember that the riskier it is the more you will earn from it. So yeah, the decision is all yours anyway.
well an investment amount is really depend on how much money you can afford to loose to prevent nervous breakdown .i think we really need to make a limit in investing because we cant predict on the next moving of the price wethier it is goin to rise or to fall down.i believe  that being patience  is really a must if we do investing people really dont have patience that is why they loose.
No one will definitely lose money no matter how small and not really get pissed off at a point. However, there are sometimes you just do not have to be greedy in an investment and most especially if it is still not fully approved yet. Anything can happen, we might be optimistic but as long as we know that anything can happen negatively should be enough to drive us on the decision and the risk we are willing to take.
The thing is, it all depends on how much money you have left over to invest in bitcoin because if you really believe in bitcoin i think that getting a lot of bitcoin is a pretty good option. Because the value of the bitcoin will keep rising.
3  Bitcoin / Bitcoin Discussion / Re: Does any bank accept Bitcoin? on: November 09, 2017, 09:30:06 AM
No. i dont think any bank accepts bitcoin because bitcoin is not controlled by the government and all the banks are being controlled`so i think that those 2 won't ever combine because bitcoin is a unstable coin aswell.
4  Bitcoin / Bitcoin Discussion / Re: In what situation would Bitcoin die? on: November 06, 2017, 09:52:32 AM
Quote from: Andrew1337 on October 23, 2017, 05:57:47 PM
Bitcoin will never die as you can see . It grew from 0.01 to 6000 but it still continue to grow up even if here will be bad situatiions
Bitcoin would die only if we wont have power electricity anymore . Just think a bit , if all world wont be able to use power electricity all it industry will die
I don't agree with you because there is always a possibility that bitcoin will die because if bitcoin will have a stable value then no one would be interested in bitcoin anymore and will become less popular because the people are here to earn money.
5  Bitcoin / Bitcoin Discussion / Re: How did you first hear about bitcoin? on: November 03, 2017, 10:08:13 AM
I heard from it when i was in Venezuela and i loved it very much that is why i enjoyed my vacation but i heared people talking about bitcoin they came in Lamborghini's and they ruled the streets over there so i asked them how they told me bitcoin.
6  Economy / Economics / Re: Why people scam on: November 02, 2017, 10:43:10 AM
Because people want to earn money very fast and the fastest way is the bad way because scamming can get them a lot of money but a lot of people can lose everything they have just because they have been scammed by someone they trusted.
7  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: October 23, 2017, 09:24:30 AM
Quote from: shawn995 on October 23, 2017, 06:44:57 AM
Quote from: quarkyplum on October 23, 2017, 06:04:56 AM
Quote from: Sithara007 on October 23, 2017, 04:24:51 AM
Quote from: tengek37 on October 23, 2017, 04:04:33 AM
I think that is impossible because we still need the bank as a medium to withdraw funds from bitcoin wallet against the legal currency in our own country. However, if bitcoin is legalized all over the world, the bank may still exist but bitcoin can enter as a recognized currency in the bank and can be used for direct transactions.

Why do you need bank as a medium? You can convert Bitcoin to fiat cash online, using any of the exchanges. Or you can use pre-paid debit cards and load them with BTC. Once this step is complete, you can either use the funds for shopping, or you can withdraw the money using any of the ATMs. Banks are not needed at any point of time.
Why not? In my opinion, the banking system still has an important role for daily. If we have not the banks, we can not exchange our money. Of course, some people will say when Bitcoin become legal, we do not need to have bank in that time. But remember, on the world, there are have many people still do not know use Bitcoin, even Visa/Mastercard as my parent. Cheesy
Never, it is not possible that bitcoin when legalize then it will disappear bank. everything has his own role in the world just like that bank have a big role in our daily life without bank there are many works which are not possible. but it is true that when bitcoin legalize then it will down the value of banks up to some extent.
I don't think a online currency would make a bank disappear. Because bitcoin is a online currency and uses only online wallets to keep them. I don't see a reason why the banks should disappear for bitcoin.
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