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1  Economy / Economics / Re: Digital Money = Cashless Society on: June 06, 2018, 02:16:12 PM
It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.

Money earned from the internet is known as digital/electronic money. People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.

Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.

Bitcoin is a part of digital money. How is digital money is your country ??
Digital money is good, but how about other people who did not know how to used digital money because they prefer to used physical money, so its hard to say that we need to used digital money. We should know first what others know about anything before we conduct another things to do just like to used digital money.
2  Economy / Speculation / Re: Is it too late? (To buy Bitcoin now) on: June 06, 2018, 02:12:04 PM
Well if we speak about gaining on bitcoin i think there is no required time on making an act of productivity.We can really buy bitcoin anytime anywhere without any hesitation  and we really didnt have to be afraid about the price because dropping and pumping is really the nature of it and we really need to make sense of it so that we can become more productive and we don't feel like panic all times.
For now I should say is no, because bitcoin is anytime you want to buy, because once you buy bitcoin you know that you can earn profit and give hope that bitcoin is our future currency.
3  Economy / Economics / Re: How is Bitcoin different from Etherium? on: June 05, 2018, 03:01:35 PM
How is Bitcoin different from Etherium?

I have seen many questions on this matter around Bitcointalk, so I thought that this would be useful as a source. Hope you enjoy and don’t forget to say “thanks”.

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So let’s start off with the question “What are Bitcoin and Etherium?”. Well, they are cryptocurrencies, based on the blockchain. So what makes Bitcoin and Etherium so different, if they are based on the same system?

Bitcoin

Bitcoin is often defined as the “digital gold” and that is for a reason. It had been one of the first cryptocurrencies to appear and this makes it such a popular coin nowadays. It can be defined as the dollar of the blockchain, as it is only a payment method. It can not be described as an innovative and mind-blowing technology, although it is very useful itself, it is just your money, held in a digital form. Bitcoin can be used for multiple purposes, one of them is inviting in ICOs (Initial Coin Offering). Once you support an ICO, they give you their tokens, which can be compared to stocks, which grow with the company, although are dependent on the price of Bitcoin and the market in general. Some other purposes are investing and basic payments, which are getting more and more popular nowadays.

Etherium

Etherium, on the other hand, is defined as the “digital petroleum”. It had been launched at the beginning of the crypto market development, and many people see it overtaking Bitcoin in future due to it’s flexibility. Of course, it is priced lower than Bitcoin as it had entered the market way later, but that does not deny it’s usefulness when it comes to innovations. Shortly speaking, where Bitcoin is just a currency, Etherium is a platform for other applications to host and grow at. It is so “open-minded” as a platform, that you could build anything on it, starting from 3D printing to traveling network management. And that is the quality that allowed Etherium to enter the big market: it occupies a different area rather than Bitcoin, therefore serves for different purposes.

Conclusion

For me, as an investor, Etherium poses a bigger personal interest than Bitcoin, but it is pretty clear that at least for the next year bitcoin will be the leading currency in the crypto market. That is also because most of the people nowadays are familiar with Bitcoin, but have heard nothing of Etherium. But if you are looking for a long term investment, Etherium might be your solution.
Bitcoin and ethereum are very different but the same value to us. Its the same big help to everyone, because bitcoin is so much expensive unlike ether. So its different but the same money.
4  Bitcoin / Bitcoin Discussion / Re: Privacy Privacy Privacy! on: June 05, 2018, 02:59:54 PM
Privacy is not stressed enough in crypto world! Every information is made public. No real working app can be built until the privacy problem is solved!
Yeah, privacy are very important in our life. Just like bitcoin we need a privacy so that we can save our bitcoin, and no one know even pur family members, because we need privacy.
5  Economy / Economics / Re: what is the future of virtual currency like bitcoin ? on: June 05, 2018, 02:56:31 PM
As a digital payment system virtual currency has its own reputation. Bitcoin raised as strong virtual currency in 2010. Today’s global currency is developed in different way and comparing with others currency bitcoin is like more valuable than gold. Good reflection and better control system can make more valuable in economic sector. now by the help of bitcoin selling and buying system is easier than other transection. At age of technology we can collect or hire so many proficient worker for the purpose of different sector’s development and then we can provide their salary through bitcoins because of its popularity.
On above this conversation we don’t need to worry about future of  virtual currency or bitcoins.
If more people will still trust in bitcoin, and more people will used bitcoin or invest in bitcoin I think it last forever, because some of people now are using virtual money. They used to shopping, paying bills and etc.
6  Bitcoin / Bitcoin Discussion / Re: Why people are still buying Bitcoin? on: May 29, 2018, 01:35:59 AM
If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.

Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
Their are some people are still buying bitcoin because they have faith that bitcoin will recover from fallen. Their dont lose their hope. So that they buy and buy bitcoins until the right time bitcoin wi rise up again.
7  Economy / Economics / Re: Bitcoin and Disable person on: May 29, 2018, 01:34:18 AM
This is a common thing happens in different countries where the government mandatory give assistance to there citizens with disability, and the sad truth is that the assistance from government is not enough.

This is the perfect time to introduce bitcoin to persons with disability by doing this they don't need to rely only on government assistance, because they are now started to earn there own money to support their needs.
Bitcoin is for everybody, unless you know about bitcoin and you have a power to used bitcoin, even disabled person can used bitcoin. Dont discriminate other people who have disabled, because most people who have impaired they can work. Because they always motivate their self that everything in this world have reason why you still alive.
8  Economy / Economics / Re: Should we teach children to have businessman mentality or be successful employee on: May 29, 2018, 01:31:48 AM
We all have that thought why do Chinese people actually make it in the business world. The reason apparently is that at an early age, their parents are conditioning the minds of their children to do business in the hopes that they will actually be heirs to their family business.
In your opinion, should we be teaching them the same or teaching them to be successful employees for the sake of climbing up the economic ladder?
Everyone of us can teach our children about being good wmployee or being a successfull businessman. But in the end they choose their future they choose what they like for their life. And we the role of their life is guidance.
9  Bitcoin / Bitcoin Discussion / Re: Bitcoin in Asia on: April 23, 2018, 01:35:07 PM
How common is Bitcoin in Asia? Just want to know Huh
Bitcoin in asia is very famous, and indemand. Thats why more asian people are using bitcoin because they know somedat bitcoin is their future, our future. So dont stop using bitcoi .
10  Bitcoin / Bitcoin Discussion / Re: Getting tired of waiting on: April 06, 2018, 02:52:54 AM
I don’t know how much more. My $1350 investment is worth $526.78 as of this moment.My coins were BTH, LTC, and ETH.
I am not tired of waiting, because I know and I hope bitcoin will recover soonest. So everybody dont lose hope we will recover. Because bitcoin is promising currency and it will not disappear.
11  Bitcoin / Bitcoin Discussion / Re: Can Governments Kill Bitcoin? on: April 04, 2018, 01:46:47 AM
The latest news is that the US government is look closely at Bitcoin. A number of governments such as Russia and China are also planning to issue their own digital currencies. They clearly see a financial threat from Bitcoin.

What do you think? Can governments kill Bitcoin and replace it with their own digital/crypto currency?
I hope its not because if bitcoin will kill by government how about other people who will used bitcoin to buy their needs and foods. Because government cant give the job for the other people so they used bitcoin to sustain their daily needs.
12  Economy / Economics / Re: Bitcoin as your main income? on: April 04, 2018, 01:41:41 AM
Bitcoin is a currency. Bitcoin is a solution to many problems. Bitcoin is bringing questions and new problems to this world.
Some people find this as a ride to boost your income, not specifically Bitcoin but also the whole crypto market.
I think it's a great thing! But what are you actually looking for? Bitcoin itself (the currency) might not be your solution.
If you want to "conquer" the world, you can't do it with Bitcoin. Like you can't conquer the world with the dollar itself.
You need to focus the technology. The blockchain along with it, bringing a new economy generation with freedom and decentralization.
It's something that should be written a new bible about in my opinion. Before you learn Bitcoin, learn economy. Once you master this skill, own Bitcoin as one of your cards.

I would like to hear some of your opinions and hear some smart words because I believe people think investing Bitcoin will make their life done financially but I honestly think it's not true.
For now I cant say bitcoin is my main source of income. But I like to used bitcoin because its so potential currency and very big help. Like others they used bitcoin as their main source of income. For me I am excited also to experience what others exerience about bitcoin.
13  Bitcoin / Bitcoin Discussion / Re: Have You Been Scammed? on: March 29, 2018, 05:10:19 AM
I just came over from the 'Investor Games' subforum (hope I got that right). A guy there said he came across a site asking to double his bitcoin, he paid in $20 and got $40 the following day or so. He then went for a higher plan of $300 hoping to cash out $600 but they asked him to pay in another $300 before cashing out. He got confused and was asking for advice.

I think I've been there before. Before I became a forum member. I once came across one of those scam sites promising to generate bitcoins. Thought it was real, but when they asked me to pay some transaction fee, I was stuck. I had no money to pay the fee. With the benefit of hindsight, I know I'd have sent them the 'transaction fee' had I had the coins to send them.

Now, what have been your experience with internet scams?
How do we help people not to get scammed?

Many times, because before I am focusing in one directions. Before I know bitcoin. But now I learned so much, my past is my big lessons. So now I know bitcoin and I will stick in bitcoin, because ai know I have a future in bitcoin.
14  Economy / Economics / Re: Is bitcoin a good way to invest your money ? on: March 29, 2018, 05:07:38 AM
I heard that bitcoin is a good investment for making a huge profit in the future , is that right ? Because i want to buy some bitcoin in these days .
Now a days more people are hesitate to invest in bitcoin because the price of it is so very low. But if they see the result in near future maybe they change their mind. And they like to invest in bitcoin. More people now starting to invest in bitcoin because they know bitcoin is getting rise up again.
15  Bitcoin / Bitcoin Discussion / Re: Without Bitcoin, Life Will Be Boring! on: March 29, 2018, 05:05:37 AM
I was thinking if bitcoin will ban from every country if bitcoin will vanish one day then what will happen? I got my Answer, Without Bitcoin, my life will be so boring! Now, I spend almost 7 to 8 hours behind bitcoin and bitcointalk, I love it, I enjoy my time. But if bitcoin dies! I can't imagine  Embarrassed

What will happen to you if bitcoin will die  Cry

(Long Life Bitcoin, We will go to the mars again very soon)
Life without bitcoin, is like so loneliness. Because bitcoin now a days is part of our life. So if it will disappear it will be boring. So everybody now, are focusing also in bitcoin not only in social media.
16  Economy / Economics / Re: Charity Accepting Bitcoins? on: March 29, 2018, 04:58:23 AM
If there is a charity accepting bitcoins do you prefer to give some of yours Huh

Me: I will if there is, but for now I don't have yet. Wink

EDITED:

Yeah it a hassle for now.

Another question: But what if there is fiat will be disappear in the future and crypto will conquered the world and all payment transactions will be on blockchain system?
So is this applicable right?

I dont have yet heard that one charity accept bitcoins. But if it will happen its good to one community, because if one person have a bitcoin its easy to them to donate in charity and big help also. Because a lot of people will givw help because of bitcoins.
17  Economy / Economics / Re: Bitcoin reduces unemployment on: March 26, 2018, 07:06:23 AM
I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world

What is your opinion this time?
Only people can do for their future. Its okay that bitcoin is our source of income. But we need also to workhard for our future for our daily lives. Dont depend on bitcoin.
18  Bitcoin / Bitcoin Discussion / Re: how do you think of bitcoin in future? on: March 26, 2018, 07:00:39 AM
bitcoin has many technological limitations(1MB size of block, takes long time to process your transaction) and so had been hardforked to bch, btg.
it could only be used as currency since they do not support platform like ethereum does.

currently many icos are based on ethereums, cause they support tokens on their platform.
I think the only benefit of using bitcoin is that it is the very first cryptocurrency and altcoins are exchangeable in exchange because of btc's stability.

how do you think of bitcoin? will it still have much advantages&value as it now has?

Bitcoin in the future is very much high. Because more and more people are using butcoin because they know their are future on it. Thats why its so in demand now a days and in the future. So we will pursue bitcoin will in top.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you do with the rewards you received? on: March 26, 2018, 06:52:32 AM
I am familiar with people who also participate in generosity companies. Some of them do not rush to sell received Tokines, others on the contrary, immediately after the issue of tokens the exchange is sold. My friend advised me to send them to EtherDelta. When receiving tokens, place orders for the sale of x2 - x10 (depending on the project) and just wait until they are purchased.
What do you do with the received tokens?
If I get a reward maybe I just save it and wait until the price is stable. And I just continue to do work like bitcoin. I wont stop using bitcoin and my rewards that recieve I just save it for my future.
20  Bitcoin / Bitcoin Discussion / Re: Is bitcoin digital gold? on: March 24, 2018, 07:06:22 AM
The billionaire venture capitalist is doubling down on BTC, likening the digital coin to gold’s online equal.

Thiel touts the No. 1 cryptocurrency for its size and its ability to compete with gold as a safe haven, saying at the Economic Club of New York:

“I would be long bitcoin, and neutral to skeptical of just about everything else at this point with a few possible exceptions. There will be one online equivalent to gold, and the one you’d bet on would be the biggest,” said Thiel.

But with the exception of a few digital coins, Thiel remains neutral on the rest of the cryptocurrency pack. He didn’t dismiss the possibility that bitcoin could be surpassed by Ethereum or other altcoins that prey on the leading cryptocurrency’s weaknesses, but bitcoin’s strength is in its size.

Bitcoin controls more than 40% of cryptocurrency market cap compared to almost one-fifth for Ethereum, as per Coin Market Cap data cited in CNBC.
For me its no bitcoin is virtual currency but it can level the value of gold. Because bitcoin is for everybody, unlike gold its so very expensive. Only rich people can own it unlike bitcoin you can start investing in bitcoin in small amount.
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