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1  Economy / Economics / Re: The Real Reason to Hold Gold And Bitcoin on: April 24, 2017, 01:21:40 PM
Now I only hold bitcoin. I do not have gold. But in the future I want to buy more gold. I dmayu that it is more stable than bitcoin. And thanks to bitcoin, I can quickly make money
2  Economy / Economics / Re: Next generation money on: April 24, 2017, 01:19:50 PM
Bitcoin is not far from it.
Though it needs more improvement yet it has a great chance to be one world currency or money in no time.

I can see too that bitcoin will be the next generation of money. Since we are already starting it and the price of it seems to be good already and many people are already using it. There's one more thing left that bitcoin should be furnished and good to go when the gov't started to realize that this will be one of the best investment and currency.

I think its far from reality. Bitcoin can be far from being a money but instead it can be a good means of transacting it in the near future. But the idea of having bitcoin as money is believed by many to happen but in my case its way too far and impossible.
No you do not understand the reality as the reality is that bitcoin is already a form of money and it is taking the place of money and will replace the fiat with itself on many places of the world financial system as it is already doing on online world. Like it have replaced paypal from a large number of companies on internet.

I think bitcoin is not yet ready to replace fiat. But I would agree that the influence of bitcoin is undeniable. The digital currency of the possible future is much more financially and environmentally friendly.While it may not replace physical currency entirely, it could easily lead the way for an interesting hybrid arrangement where printed currency coexists peacefully with physical currency.
yes no doubt that bitcoin is still not in position to replace fiat, but i think the users of bitcoin continously increasing which is making bitcon more and more strong, so we can expect such thing in future.

I also agree that bitcoin is not yet a substitute for Fiat. And in the future, too, it will not replace the national currency. Cryptocurrency has always been and will be an alternative currency. Fiat will remain forever
3  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: April 24, 2017, 01:17:20 PM
There are some people which thinks like it's written on thread's title but such relationship with bitcoin simply wasting of time because bitcoin is great cryptocurrency for trading which gives you opportunity to get good profit. Bitcoin is money, it's currency and it's exchangeable to any local currency so keeping bitcoins and not selling, I can't explain why someone will do this. Buy it, sell it and sometimes hold for higher profit, that will be good.
Correct, there is no reason to not take advantage of the opportunities that present themselves and give to us the opportunity to get easy profits without too much of an effort such an opportunity present it itself with the now all time highs we reached weeks ago it was obvious the price was going to get lower so if you sold and then you bought when the price was below one thousand then you made some easy profit.

That is right. The bitcoin price is very low due to the transaction congestion. When the block size is increased together with the Segwit, the price will rise a lot.
That is not the main reason, the real reason is based on supply and demand, it's basic that every investors should know. Usually when there is a news that there will be a possible increase of demand price of bitcoin will surge, the last news I knew was Japan will recognize and use bitcoin, so that is a big news and we can already imagine how the demand will increase, the technical aspects is another thing, it does not give big impact when the problem is still manageable.

After Japan started to accept bitcoins I am sure we will be seeing many more countries that will follow Japan in near future which take the price of bitcoins to a next level as this news have drawn attention of many people and surely it will increase the demand of bitcoin in future.
Well, I look forward to that mate, japan is a big country so probably it will make a big impact to other countries as well.
China and japan are both positive with bitcoin so I guess it will bring good outcome to the market..

Yes that will have positive impact on the price of bitcoins and if more countries will start accepting bitcoins in future then it can take price of bitcoins too high and it will also attract many new investors and companies to start investing in bitcoins.

The fact that Japan recognized bitcoin does not mean that the rest of the countries will take bitcoin. Yes, it's very good for bitcoin. But do not forget that Japan can change its decision in a few months and prohibit the crypto currency.
I'm ready to sell bitcoin when its price reaches $ 1,500
4  Economy / Economics / Re: Bitcoin to be international currency on: April 24, 2017, 01:12:29 PM
I really think it is really becoming an international currency there are so many people all over the world that is using it,
And it doesn't matter where ever you are as long as you can access the internet you can send and receive bitcoin.
I think bitcoin has not become an international currency, although users have been covered in different countries but it has not made bitcoin in anywhere. You're not yet free to use bitcoin


Yes the Governments have not announced anything publicly yet but they have also not banned bitcoin yet and people who are earning and using bitcoins will continue to use bitcoins even if there is any interference from Government in future.

I hope that in the future there will be no significant government interventions in bitcoin. Let the government control the national currency. Bitcoin can not be banned and controlled
5  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: April 24, 2017, 01:08:25 PM
Bitcoin were good if you save it for long time, because bitcoin had a high possibility to up the price/value in the market place. Even from now it was fluctuating I was still believe that it was getting high in the future.

It's why I keep on saving because I experienced by myself that if I'm going to hold bitcoins any further this is going to give me an assurance that it will give me a better life in future. And I managed to have while the price is lower at $600 and right now, I can see that the price is really good, so the more bitcoins you'll hold the better.

Saving bitcoin for future is a good thing to do but I will not hold them for a very long time as there is no guarantee that price will go higher in future so I will prefer to sell them when its giving me enough profits as I can buy them back when price drops again in near future.
Yes that is right because we can't predict the future and the only thin g we can do is to sell our bitcoins when the price is enough for us and it meet our expectation already. We don't need to wait and hold for a long time because there is some scenarios that can affect the price and make it very low which is considered a loss for us.

If price goes down then it can bounce back but the only issue is that we don't know how long we need to wait to see higher price and that makes holding very risky so the best thing would be to sell them when you are making some profits instead of holding them too long.

I disagree with you. Now there are a lot of investors who are ready to keep bitcoin for several years. They bought it for less than $ 400. This is a very good move. Now their capital has multiplied by three times. And in a few years can be multiplied by 10 times
6  Economy / Economics / Re: USD vs BTC on: April 24, 2017, 01:04:53 PM
Bitcoin was never opposed to the dollar. He was not his enemy. These are two wonderful assets, thanks to which you can increase your capital. Just need to be able to use the difference in the price of these assets.
7  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin on: April 22, 2017, 06:58:50 PM
Very brilliant, user bitcoin increase dramatically in 3 years so the price can go up to 400% compared to a year ago. I'm sure the future of bit[Suspicious link removed]d will and be the best investment.
I agree with you it shows the strength of bitcoin and how bitcoin attracts its users but not just rising bitcoin has also experienced a bad state to fall in the range of $200
I also think bitcoin will have a great future
but to me i think the users of bitcoin are now too much mature and they are not going to sell their bitcoin so easily, as they will like to continue holding thier bitcoin even in panic like situation and that is the reason that now we can see that when people start selling, the market get a good support after some time.

I also have experience and will not sell my bitcoins at the first panic. This is due to the fact that now I have more confidence in bitcoin and believe in its beautiful future. I am sure that in a few years the price will grow several times
8  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin digital gold or digital cash? on: April 22, 2017, 06:51:45 PM
For me, bitcoin is more like digital gold. It is heavily mined, its stock is limited, its value is constantly growing. Everything is like gold.
9  Bitcoin / Bitcoin Discussion / Re: What type of wallet do you use? on: April 22, 2017, 06:47:40 PM
The first purse that I downloaded is the blochkchain.info. I still use this purse. I like everything about him. It is very simple and convenient. There are no unnecessary functions in it.
10  Bitcoin / Bitcoin Discussion / Re: What is BTC for you? on: April 22, 2017, 06:45:44 PM
What is bitcoin for you? Is it a chance or a scheme to get rich? Or is it actually to keep your wealth to yourself.
What lead you into bitcoin world and what's keeping you here?
bitcoin is a step for me I am looking for capital and create a business staple. revenue must keep flowing

Yes, for me bitcoin is a chance to develop my business. Bitcoin is now very popular. That's why I want to develop my business based on bitcoin. It is very convenient and profitable
11  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: April 22, 2017, 06:43:54 PM
yea, i agreed bitcoin bank because btc wallet high charge. so i agreed btc bank.
So do you think it will give you a lower fee if there will be a bitcoin bank, I think it will also increase the fee just like the real
bank. As much as possible we have to retain the decentralized and banks will surely eliminate it.
to me i personally do not think that they will charge a less fee than wallet, i do not like the because it is like to traditional banking system and i do not take it. i think it is best to use online wallet from anywhere and at any time, as there is restriction about the time and place to your your online wallet, therefore i will like to continue with online wallet system.

I agree with you. I do not need a bank like that either. What is the point in this? I myself can use all the services through my wallet. It's convenient and free. The banking system charges large commissions for this
12  Economy / Economics / Re: Bitcoin price is recovering! on: April 18, 2017, 03:06:57 PM
bitcoin price has already came back to $12k and might remain there. However thinking it would hit 2k$ or 5000$ any time soon bit distant possibility. With greater price like 2000$ or 5000$ has its own downside like surge of transaction charges and all. This part is better explained in other threads by experts.

12k is a good price))))
Very good.
Yes, you are right, now the problem of unconfirmed transactions will increasingly arise. But I agree to tolerate this, the main thing is that the price goes up
13  Economy / Economics / Re: Soo, I'm planning on buying €1000 in bitcoins. Yes or no? on: April 18, 2017, 03:03:10 PM
It will be a very huge investment tho. But as long as you focused in that huge investment of yours, you must consider everything so that you'll be sure that your investment will profit. But based on the performance of bitcoin nowadays, I think it very ideal to buy it.

I am sure that it will be profitable to buy bitcoins for several more years. The price of bitcoin rasteyi and multiplies our capital

Not necessary true. If the bitcoin transaction fee is too high, people will use altcoins to do the transactions. So bitcoin price will not go much higher.

Many people are attracting bitcoin because of it's less transaction fee only, but you are wrong bitcoin price will increase when the demand of bitcoin price increases.

Yes, the price of bitcoins depends on demand. But this will lead to the fact that the price of transactions will increase. And it's very bad. After all, one of the advantages of bitcoin was that we could pay a very small transaction.
But I believe that this problem will be solved in the future
14  Economy / Economics / Re: Bitcoin or gold? on: April 18, 2017, 03:00:32 PM
I will choose both bitcoin and gold investing both will definitely profitable.  Bitcoin is fluctuating its price it dump and pump but for sure will gives an earning. Though in gold as the most known for anyone will gives also profit in the long run.

And I do not invest in gold. Its hard to buy. It is easier for me to buy some part of bitcoin. I can do it in just a few minutes using my smartphone. I like it. And how to buy gold I do not know.
15  Economy / Economics / Re: Is Paypal a scam? on: April 18, 2017, 02:56:29 PM
I dont think Paypal is a scam, its just that it has a high charges to users. And, many people already used this Paypal globally. Maybe people think its a scam because they find it difficulty to used the service.
YOu're wrong. paypal is the easiest way for the scammer to scam another person through his charge back feature. that's why  a lot of people are calling it a scam.

I think that is wrong. Because as long as you can provide a correct proof of transaction to the PayPal then they will not do the reversal of payment. But if you use it against to their terms or which they are not allowing to buy items then you may be in a trouble to get back your money. Since we can't trust people online to send money first so we expect some protection to our money which PayPal is giving to buyers so they are more popular in online payments. If some people are misusing means we can't say Paypal is a scam.

I agree with you. Paypal, on the contrary, tries too hard to fight against scammers. And so sometimes you can freeze any account. It just seems to them that you are doing some kind of machinations. Just need to prove that you are working honestly
16  Economy / Economics / Re: Can we Manipulate Bitcoin price? on: April 18, 2017, 02:50:18 PM
Possibly happen if the government joined to Bitcoin, also if they seems that Bitcoin will earn a lot, they can use them power to manipulate the Bitcoin live in the market. Because if the price in the market were high, government will gained them.

The government will never gain power over bitcoin. This is a system that can not be controlled by any side. Bitcoin is free and decentralized. Nobody can manipulate the price
17  Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy on: April 18, 2017, 02:48:01 PM
Let's cut the crap. Most of us are just waiting for Bitcoin to finally hit $100 to buy a huge quantity. Am I right or talking out my ass?
I would have to say that you are talking out of your ass. I am not waiting for that because it is just so stupid to think that Bitcoin will go back to that price. I am just focused on earning some Bitcoin.
Does Bitcoin hit $ 100? can you kick my ass? In These days more people are fallen on his dream to buy bitcoin on the cheap price. Actually, this will never be happening in the future. Rather than think bitcoin may hit $ 100. And try to count sheep will being a good task for them.  Roll Eyes
We are going to $1,300 now as the price is constantly increasing and yet some people are still thinking of the past.
Let's forget the $100 dollars as we are far away to that price, I never imagine what will happen if the price will be that cheap again.

I agree with you. But perhaps this topic was created at a time when confidence in bitcoin was not there. That's why people had such thoughts. I also do not believe that we will see such a price
18  Other / Off-topic / Re: God is both good and evil on: April 17, 2017, 06:28:32 PM
In many religions, God is both good and evil. He can give life, and can take it. This is the power and the supreme intelligence and we can not judge it. In our understanding, good and evil can be wrong
19  Economy / Economics / Re: Why do people keep saying BTC is dead?! on: April 17, 2017, 06:23:33 PM
Because they don't know about bitcoin and they don't believe and what is bitcoin. They keep saying on this because the price is getting low and higher so they stop talking about it. Those people had no bitcoin so they keep saying that. Don't mind them one thing is to do them we prove that they are wrong. I don't know why they saying about it impossible to happen bitcoin is dead or else do not care on bitcoin.

They say it because they want to divert the minds of people from bitcoins and they have a feeling that listening to negative news related to bitcoins they will get panic and will start selling their coins but now that will never happen as people are well aware about the potential of bitcoins.

And they just envy us, successful investors. We buy bitcoin and our money grows. And they believe in their fiat, which only depreciates every year
20  Economy / Economics / Re: Bitcoin can not replace fiat on: April 17, 2017, 06:21:56 PM
I think its safe to say that bitcoin will never replace fiat in our lifetime. The currencies are matter of faith, and for the moment bitcoin will remain a side player. Will it continue rising in popularity? I think yes. To the extent that it becomes successful, it will serve as a complement to fiat currencies, as well as other cryptocurrencies.

Yeah bitcoin will become more popular in future but people will prefer to use it as a secondary currency and will use it only for online purposes and to buy anything offline they will choose to use fiat as fiat is widely used and accepted in compare to bitcoins.

Bitcoin will not replace fiat but after knowing bitcoins people will reduce the usage of fiat for sure as even now people prefer to shop using credit cards so once they are aware about bitcoins they will surely switch to bitcoins for making payments.

Yes, I also think that this will happen. Bitcoin will remain an alternative currency. And according to popularity, it will yield a little to the Fiat. And if bitcoin becomes more popular, soon many shops will take it
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