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181  Bitcoin / Bitcoin Discussion / Re: bitcoin rising on: January 27, 2018, 03:27:06 PM
Why do beginners always create such topics? No one can make a reliable prediction regarding the price of the cryptocurrency. They are not amenable to logical analysis. There are many factors that affect the price. You need to abandon the traditional methods of forecasting. The price of the cryptocurrency only has value at the moment. Tendency to rise or fall it is possible to guess only on a few hours in advance. This is the best.
182  Bitcoin / Legal / Re: Small Island Nations - should they have their own Crypto currencies? on: January 27, 2018, 03:20:52 PM
Cryptocurrency of the state would not have the popularity. How it will differ from Fiat money? Administer electronic money will be easier but it will be enough to stop the use of cash. Many officials and bankers have the opportunity to receive hidden income because of the cash. So they will never allow the transition to cashless payments.
183  Bitcoin / Legal / Re: Countries with weak economies can use cryptocurrency instead the dollars. on: January 27, 2018, 03:13:39 PM
I don't know which helped the international monetary Fund. Therefore, the opinion Christian Lagarde is not my authority. We cannot achieve consensus within the community. The management of the country's economy even more difficult. The use of cryptocurrency is only possible on a primitive level. The state can use it for good or to declare war on bitcoin. But this is the worst option. In war there are no winners. To lose the income.
184  Economy / Services / Re: Eroiy.io Signature Campaign(Higher rewards for users with merits) on: January 26, 2018, 03:23:48 PM
Btctalk name: Kronos21
Rank: Sr Member
Current post count: 521
BTC Address: 3Mp8nz913V9YJGWfd4SD6E51jB4XYLD7uK
Wear appropriate signature :Yes
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185  Bitcoin / Press / Re: [2018-01-24] Survey: 60% of Americans Have Heard of Bitcoin, 5% Own on: January 24, 2018, 02:33:32 PM
This is quite a huge difference considering the advanced country where people have the bets of facility like Internet, gadgets etc . But still only 5% do invest out of 60% of aware citizens means either they are not convinced with this concept or think like its a bubble which can burst due to volatile market.

In our country where their is not proper infrastructure or people do not get the proper internet facility etc could be understood but any idea what are the other reasons that people do not invest in this cypto currency in US?

Nothing surprising in this. America is a rich country. Residents are not looking for additional source of income. First and foremost, people in poor countries are forced to seek additional income. Cryptocurrency right fit. So I think that the survey in poor countries would show very different results.
186  Bitcoin / Press / Re: [2018-01-15] Bank Indonesia Declares Cryptocurrency Illegal on: January 17, 2018, 05:22:25 PM
The world now has no boundaries. It is impossible to prohibit the use of bitcoins. China tried to do. Now the Chinese are traded on the Korean and Japanese markets. I am sure that the same reaction of traders will be in Indonesia. Such a ban would trigger a withdrawal of capital from the country. More from the ban no one gets hurt.
187  Bitcoin / Bitcoin Discussion / Re: contribution to the society of bitcoin on: January 16, 2018, 12:18:28 PM
Bitcoin may change the way of living for some; it still depends on the person on how will he control usage of bitcoin in his life. If he let it change by using it to trade, earn, etc. then it will have an effect to him especially of he finds it very useful and different from the way ge is living before. Some may don't have jobs and uses bitcoin to earn then it will be a big change for them.

Many people get involve and become aware about bitcoin. It serves as their extra income. The salary than can get through it is more than the salary in the industry if you are using smart strategy on how to gain profit and how it going to earn more. Bitcoin become an income to those who cannot find a job because jobs in industry needs a good qualifications of a person.
I don't agree with you. No one pays money for a job that is not needed. Bitcoin helps to distribute jobs around the world. People from poor countries to income-rich countries. Cryptoamnesia allows a fair distribution of income because it eliminates corruption component. May be for this reason government against cryptocurrency.
188  Economy / Speculation / Re: Bitcoin is heating up again? on: January 03, 2018, 12:22:36 PM
Of course cryptocurrency interest is increasing in new investors, i am hopefully waiting to see  bitcoin going up again but not sure whether people are investing in bitcoin or altcoins. There are a few altcoins which are also speculated to rise in price, so if those altcoins grab interest of newbies, then the bitcoin may take time to grow up but one day it will grow surely
I think you are too optimistic. Look at the situation which occurred before the new year. Turn on confirmation of the transaction was more than 200000. The price for the confirmation of 50-70 dollars. Do you think this will contribute to the growing popularity of bitcoins? Probably without solving this problem, bitcoin can ever cease to exist. And it's not all the problems that await us in 2018.
189  Economy / Economics / Re: what are the effects of bitcoin on the world economy? on: December 14, 2017, 10:28:13 AM
I consider the emergence and popularity of bitcoin as a protest against the imperfections of the world financial system. It was built by the rich for themselves and all people have become its hostages. I do not believe that bitcoin can replace Fiat, but to make the richest people in the world to make the financial system more loyal to the people. To achieve this goal within the bitcoin community should not be contradictions. We all have different interests but the goal should be a single. So we have in all situations to learn to reach consensus and not to destroy bitcoin with their hands.
190  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin a Bubble? Yes sure! But why not ride the wave as long as it lasts? on: December 14, 2017, 10:20:57 AM
Who can say that bitcoin is a bubble? I don't believe it. The only argument in favor of the fact that bitcoin is a bubble is that the price of bitcoin is increasing adequately. But this growth of popularity. Price is secondary in this equation. It just responds to the popularity. Any new product shows a high price after his appearance and over time, the price is reduced and becomes stable. I see no reason to argue that the bitcoin bubble. Therefore, I will never leave bitcoin.
191  Economy / Economics / Re: Influence of FED Action on Bitcoin on: December 13, 2017, 05:29:48 PM
How FED actions like interest Rate hike (fast or slow), Balancesheet Normalisation (reducing Dollars Circulation in Fast or Slow Rate) influence on Bitcoin ?

Bitcoin will go up as people move their funds (fiat, equities) into Bitcoin.  I don't see how any normal maneuvering of the Fed can influence Bitcoin. The US dollar is considered to be a stable currency. If the US were to experience double digit inflation then we could see a massive move to crypto. By massive I mean a 2% - 5% move of fiat holdings to crypto.
Whenever the inflation all the people will not go to the bitcoin use. Bitcoin is used as additional income and therefore people that want to make use it. For enterprises, the cryptocurrency is unacceptable so the salary they will pay in Fiat always. The fed will never be able to have the opportunity to work on a cryptocurrency. The worst they can do is complicate the process of exchange of cryptocurrency for Fiat.
192  Economy / Economics / Re: Is Bitcoin Volatility A Bad Thing? on: December 13, 2017, 05:20:28 PM
The volatility of bitcoin is an objective reality. It shouldn't frighten users. Many of the people are accustomed to this phenomenon and have learned to benefit from it. For traders on the stock exchange the volatility of cryptocurrency is a Paradise. For trading is not good but we can't see the real opportunities that now bitcoin could be used in trade in goods. Maybe in the future something will change.
193  Economy / Economics / Re: The Richest 1% Now Own More Than 50% of the World’s Wealth on: December 13, 2017, 05:14:06 PM
I care about the poor first. The "1 billion people live on less than US$1.25 a day" is impactful.
But even more important is the solution, how do we fix this? Basic necessities, then jobs. And after that, increase wages and living standards. Basic should be done first.
You can't increase the number of jobs indefinitely. In 2008, we have witnessed the crisis of overproduction. If someone thinks that the problem has already decided he is wrong. You say that people live off $ 1.25 a day. But to measure the standard of living currency is not correct. Need to measure the number of products they can buy. But they can not afford to buy such as a TV. What sense to increase the number of jobs in the production of televisions?
194  Bitcoin / Legal / Re: Bitcoin Legal Issues on: December 13, 2017, 03:13:45 PM
A user not interested in the problems of the government to combat money laundering. I don't see any major problems that dishonestly earned money will work on the country's economy. Bitcoin is a currency created in opposition to the state currency. Officials do not have to climb your hands on bitcoin. I am against any cooperation with the state.
195  Bitcoin / Legal / Re: A big problem in bitcoin ??? on: December 13, 2017, 02:56:49 PM
The total 21 million of bitcoins will be mined hundred years from now on so why you have to think and worry with this problem anyway?

Miners will still mine anyway when the total supply of bitcoin has reached, they will mine for the confirmation and will earn through fees.

We have to take time for resolving the current issues that we are facing and that is with the miners fee, it is too high now since the value of bitcoin is starting to increase too.


Perhaps to negotiate with the miners will be very difficult. They don't want to lose revenue. I don't know how to solve this issue. We are constantly faced with the problem of what creates a great place to confirm transactions. To this nebylo need to increase the block size. Maybe next year it will be job No. 1 for developers.
196  Bitcoin / Legal / Re: Is Bitcoin practically Anonymous (or Decentralized) ? I know, please read fully. on: December 12, 2017, 03:13:15 PM
I thought so too, but tell me please why it is impossible to track the hackers who hacked last week nicehash? They stole 4700 bitcoins. It's not a small amount and it seems to me that many who wish to trace those who did it. Probably not so simple as we think. Probably if desired bitcoin can provide anonymity. Or do you think that search of the hackers robbed nicehash do the Amateurs?
197  Bitcoin / Press / Re: [2017-12-12] Analysts Blame Gold’s Fall On Bitcoin’s Rise on: December 12, 2017, 03:06:54 PM
This is not surprising. Now the yield is much higher bitcoin of all available assets for investment. Many investors will go to bitcoin. This is evidenced by the futures contracts. But it will not be long money. It seems to me that they will try to quickly make money and return to gold. This will lead to the pump and now the dump in the future.
198  Bitcoin / Press / Re: [2017-12-12] Japanese Internet Giant GMO Offers to Pay 4700+ Employees in Bitcoi on: December 12, 2017, 03:01:25 PM
Perhaps in the future the ico will replace the stock. Every employee will receive a salary in coins your company. It is a good idea. Each person will give himself fully to work in the company because it is interested to obtain higher profit. In fact, every employee will be the investor of the enterprise. But for this coin all companies should be traded on exchanges.
199  Economy / Speculation / Re: Bitcoin prices on: December 12, 2017, 02:55:07 PM
Now the price of bitcoin relatively stable. But the price of altcoins began to grow. The Ethereum went up today for $ 60. This means that bitcoin will not fall far back. Waiting for us in the near future, the next jump in prices. It is profitable to hold bitcoins. This is my opinion but I'm not an expert in the trade.
200  Economy / Speculation / Re: Why is bitcoin price so high? on: December 12, 2017, 02:46:45 PM
So the price of bitcoins is rising because of its demand. Demand for people who want to know whether bitcoins can change their life. And one of the reasons is the rapidly increasing price of bitcoins. So many want to invest in it because of the fast return of profit. Even in one day it's possible to grow almost 30% of the investment so I'm not surprised that many will actually enter the world of crypto
Such a large income from rising prices for the bitcoins may attract new users and scare them away. Everyone sees this price increase signs of a bubble. You agree with that? It seems to me that not all people with bitcoin for a long time until the end confident that bitcoin will live long. All go with the flow and hope for the best.
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