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1  Bitcoin / Bitcoin Discussion / Re: What would happen if BTC was Banned? on: December 01, 2016, 09:52:13 AM
Until now my country or government still banned bitcoin, but not give effects for user's. Now, bitcoin use more than 3℅ peoples in this earth. So, if any government banned bitcoin not effects with bitcoin performance.
I think when all governments around the world prohibit the use bitcoin and block all websites related to bitcoin, it's finished bitcoin,
I think legalization is important for the future of bitcoin
2  Economy / Economics / Re: The future of the paper money on: December 01, 2016, 09:49:09 AM
I fully agree with the fact that there are always wishing to use paper money. Even if you implement the latest technology in popularity of paper money will remain high
I agree, the demand for paper money still remains and will remain and it is not necessary artificially to deal with it at least for the sake of insurance against unforeseen circumstances.
for the current and future demand for banknotes is certainly still high. but will not know what will happen to the future, many people say that the online and virtual technology will dominate, we do not know the future of paper money
3  Economy / Economics / Re: panic selling on: December 01, 2016, 09:47:22 AM
You can not panic. Panic can lead to very unpleasant consequences, when carelessly to sell its assets at an unfavorable price. By investing should be approached wisely.
I think the panic is a natural thing happens to every user, because all users know the inherent risks in bitcoin, fluctuations make everyone always alert when the price drops, of course patience must also be held so that no one panicked
4  Economy / Economics / Re: What percentage of people on Earth will own Bitcoin by 2020 on: December 01, 2016, 09:46:18 AM
I am sure the year 2020 users bitcoin can reach 10% of the population of the Earth. Although currently many countries that prohibit bitcoin but the popularity of the bitcoin will not be stopped.
Lol you too much, you should know that the total population of the earth is so large and while users of bitcoin is still very small, impossible in the next four years we will reach 10% of total users. it is too big expectations
5  Bitcoin / Bitcoin Discussion / Re: Why in some countries Bitcoin is banned on: November 30, 2016, 10:45:42 AM
I think because bitcoins can not be controled by government and it can kill fiat money, if all of people on countries use bitcoins for payment method in their real life, the fiat money will be useless and it is mean the government can not become regulator and can not take taxes.
yeah potential in bitcoin might make fiat become irreplaceable. perhaps it is thought by governments which do banned, they think that bitcoin is growing very fast in their country and it threatened them
6  Other / Off-topic / Re: How many times have you've been scammed? on: November 30, 2016, 10:44:28 AM
Never.
But only because I started using Bitcoin when I was older. If I was a teenager I probably would not be so cautious.
Just remember- don't trust anyone on the internet. Smiley

Yeah right what you say do not believe anyone on the Internet, even users who have a positive trust though sometimes misused to deceive for their own advantage, be careful, because a lot of greedy people on the internet
7  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help poor countries? on: November 30, 2016, 10:39:52 AM
I am pessimistic the existence of bitcoin can help poor countries, if it makes the person or group might be able to. No countries which only depend on one sector of the economy, let alone the bitcoin.

Who told you that these countries will solely depend upon Bitcoin? Bitcoin earnings will be supplementary. Bitcoin can help poor people to cut down their expenses. For example, Western Union and Moneygram charge as much as 15% for remittance payments to certain countries. Usage of Bitcoin can bring this down to less than 5%.
yeah other than that bitcoin will also provide income to the people of the country if they were able to take advantage of bitcoin. certainly it would make the total poor people will be less and at least make the country helped
8  Economy / Economics / Re: If bitcoin price is $10.000, will fiat be worthless? on: November 30, 2016, 10:38:04 AM
Fiat has been proven to be stable for a longer period of time since we are still using it, maybe I will believe  that some investors will transfer their money in bitcoin but not to do away with fiat, they still need fiat as more than 99% in the world population are using FIAT.

Thats why an option to buy bitcoin is for those who has sapre money to do so and for a person who are well aware of internet and cryptocurrency. Still fiat is king, everyday we used it and still it it is needed in daily real life transaction. Even bitcoin is @ $10.00  fiat is still stable and important.
But I think the trend is now changing, as people are adopting bitcoin not only for investment purpose but now many people are using bitcoin as currency, they use bitcoin not only for online business and shopping but now there are so many places where bitcoin can be used for shopping like in local shops also.
delighted to see a lot of people began to spend their bitcoin or many traders who start accepting bitcoin payments, more and more people are using bitcoin currency for the adoption of bitcoin for this purpose will also be more and more
9  Economy / Economics / Re: You should never trust banks on: November 30, 2016, 10:36:25 AM
That is known for long time that you have to be very careful with banks. They make an illusion that everything is good and saved, and you became relaxed and loose the feeling of danger. They use it against you. That's their way to make money.
I think though users bitcoin is growing and very much it would not make bitcoin replace fiat, it's a sure thing! but for a price of course there will not be people who know about it, maybe the price will explode
10  Economy / Economics / Re: What is the best way to invest/grow your Bitcoins? on: November 29, 2016, 01:35:23 PM
There is no fast way to get rich there is always risk involved either in investing or gambling , i personally think that the best way to grow your bitcoin is to invest because gambling involves more risks and you can always get analysis to help you predict the market
Lol the OP where asking the best investments. and you say it is best to invest. I think there is no answer here
I thought gambling could even say investment, when you bet your luck by putting your money in the bankroll a gambling site
11  Economy / Economics / Re: How would you double $100,000 safely? on: November 29, 2016, 01:21:13 PM
To double it safely i will build a food business which most people really like. I'll build a restaurant spending all $100k. Although doubling it will require some time but it will be safe in that way. Rather than investing it on some networking or use it as trading capital which have a high risk of doubling money.
I think business is still at risk. many restaurants in my town went bankrupt because they could not compete with competitors, yeah it is the risk of a business,
there is always a risk, if you do not want to see the risk. Do not grow your money
12  Bitcoin / Bitcoin Discussion / Re: Why in some countries Bitcoin is banned on: November 29, 2016, 01:14:54 PM
Maybe in that country, bitcoin is considered as the currency used for evil crime in cyberspace, example as drug trafficking, because sometimes selling drugs on the Internet is using bitcoin. In addition to drug trafficking, many money laundering and hackers using bitcoin. It is why some country prohibit the use of bitcoin.
if the government thought that way, they should also prohibit their own currency, because currency of each country is also used for illegal activities?
I think the government has another reason to prohibit the use of bitcoin
13  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is the best future currency? on: November 29, 2016, 01:12:22 PM
I use bitcoin and my reasons is give me profitable, secure, and low fees. Bitcoin also not neet id verifications, to make wallet and fill not more than 30 minutes.
bitcoin need compelling reasons that can be selected and adopted by all the future later, I do not think that the facilities are safe and low fees will make bitcoin become famous in the future, there will be competitors who have such a facility in the future
14  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help poor countries? on: November 29, 2016, 01:10:53 PM
It's a good idea, all people will be easy to send money so that aid to poor countries be receive directly. From the other side of the economy can also be utilized for the mining venture bitcoin.
Honestly it's true, with the support of the government it would be possible to help poor nation but they have to sacrifice the current player in the remittance business. With bitcoin it's cheap and fast so I do not find any reason why this should not be supported.
then what will happen to the country when they have received and adopted the bitcoin? I think the rescue of not only that, you have to have such citizens to work, at least work in bitcoin then poverty will be lost
15  Economy / Games and rounds / Re: Sweeet Giveaway! | 0.001 Everyday Til Christmas! 25 Winners (0.035) on: November 28, 2016, 11:25:00 PM
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16  Economy / Games and rounds / Re: DirectBet Ice Hockey Prediction Game *** Win Free Bets ! *** Free to Enter ! on: November 28, 2016, 11:16:33 PM
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17  Bitcoin / Bitcoin Discussion / Re: What do people around you think about Bitcoin ? on: November 27, 2016, 10:03:33 AM
The fact is people around me doesn't know what bitcoin is. Even well experienced and educated teacher also don't know what bitcoin is and when they hear about it they think that is useless and so they don't care about it.
I like that happened in my country, even many young men like me do not know about bitcoin, it was disappointing, but I'm sure that sooner or later they will recognize bitcoin, because bitcoin continues to spread and evolve
18  Bitcoin / Bitcoin Discussion / Re: Two things are certain: Bitcoin and Taxes on: November 27, 2016, 09:57:05 AM
What's so wrong with having to pay tax, anyway ? Isn't tax what paid for the road in front of your house ?
I think it's a problem, because bitcoin user should not pay it, the presence of the tax will tereskpos bitcoin user identity and certainly no longer anonymous from bitcoin
19  Economy / Economics / Re: Bitcoin is Freedom on: November 27, 2016, 09:46:52 AM
The presence of almost all the money makes us in some way free. We can buy that we wish, we can travel, we become independent. It does not matter Bitcoin is either a dollar or ruble
nope i think bitcoin provides freedom than money usually, with bitcoin you can not be in the intervention, no control of your money and you become the bank for yourself, let alone anonymous will make more free, I think bitcoin currency is freer
20  Economy / Economics / Re: Bitcoin worth to you or not... on: November 27, 2016, 09:44:33 AM
Bitcoin is really worth if you don't know how to use it or how to earn it then for you it is not worth using it because understanding on how bitcoin really works for you is really hard but if you love bitcoin with all your heart bitcoin will loved you too with big profit daily Smiley
I think if you already know how bitcoin and how to get it and you benefit from bitcoin, I'm sure right then you would assume that bitcoin will be very important and valuable to you
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