Bitcoin Forum
July 20, 2019, 08:53:32 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 6 7 »
1  Bitcoin / Bitcoin Discussion / Re: Can we compare Bitcoin with tulips? on: August 05, 2018, 12:33:33 AM
Some people like to compare crypto with the tulip bubble phenomenon before. My thoughts:

First of all, the phenomenon of tulips really does not exist nor can one prove, there are very few documents that exist today.

Secondly, tulips do not last long, are not scarce, can not be programmed, can not be used for transactions, can not be verified, can not be divided, are not the solution of the problem, and hard to move.

Can not compare crypto with tulips.

In my own opinion, tulip was a phenomenon during the Dutch age wherein the price of tulip suddenly increased so much and then it suddenly collapsed. But there is no comparison between tulip with cryptocurrency. Cryptocurrency is a decentralized virtual coin with blockchain system which often undergoes fluctuations of price. So I think, there are no relationship between the two, though they are both not existing.
2  Bitcoin / Bitcoin Discussion / Re: When you think of currency what will come to your mind? on: August 05, 2018, 12:30:07 AM
The International Monetary Fund (IMF) just recently posted a picture that shows the evolution of money that people have used since the beginning of human civilization. Will IMF consider Bitcoin as a new currency?

In my own speculations, the picture seems right. I do not know if the picture really come from IMF but if it is then it is great. They recognized that the future of money is Bitcoin/ Crypto currency. For the topic question, As of now i still think that Peso, dollars, euro etc is still the currency as of now this are the official currency of the country but soon some crypto currency coins will be considered as currency by countries.
3  Bitcoin / Bitcoin Discussion / Re: Why do we need to regulate digital money on: August 04, 2018, 03:14:27 PM
Digital currency is to change the world, many of which were positive, to a certain extent, they pose a containment of the government, gave the people an alternative, but that doesn't mean they don't need to be regulated.

One of the core reason is: anonymous, do not track, not regulated digital currency will make form a closed loop technology crime, money laundering and terrorist, and disappear from unsolved bits, bytes, while the impact damage with each person in this world.

If every penny of extortion is tracked, is there enough motivation and courage to launch a WannaCry to attack the world?

In my own opinion, we really don't need to regulate crypto currencies but regulations can be also helpful with the adoption and growth of them or they can be restrictive and even prevent the adoption altogether. In the end it will come down to what will they regulate and how will they regulate bitcoin or crypto currency. For example, if it is regulation of exchanges and if it leads to a more secure place where people can trade with less risk that would be a very good thing but if the regulation of bitcoin will affect the value of bitcoin and other crypto currency then maybe we should not let bitcoin to be regulated.
4  Bitcoin / Bitcoin Discussion / Re: Bitcoin is one and only no matter what on: August 04, 2018, 03:07:17 PM
In my books bitcoin is one and only no matter what people say and or how they try to manipulate situation. I KNOW what bitcoin is what it stands for as for rest ... meehhh...
I will take into consideration something else when I can exchange it 1 bitcoin = 1 (something) .... but until that day Bitcoin is the king baby Smiley 

For me, I agree on what you have stated, bitcoin is the number 1 in terms of crypto currencies, and it will remain the to be best one without any doubts. But, there are other good altcoins, which are not as good as Bitcoin but they still have their existence. Some out of those are the ones like Eteherum. Litecoin, and Ripple. But, still they aren't even close to the mother of crypto currency which is bitcoin. And lastly it is not hard to support bitcoin, since it gain its popularity.
5  Bitcoin / Bitcoin Discussion / Re: Who will benefit the most from bitcoin/cryptocurrency? on: August 04, 2018, 03:02:00 PM
I have a friend who is interested in getting into bitcoins but he does not have a lot of savings or any major investments. He also has a lot of debts to pay and has an average wage job with a family of 4 to raise. When we were talking yesterday, I thought: who really would benefit the most from investing in bitcoin or cryptocurrency? Can those who are like my friend get into bitcoin even though he has no major investment? Or is bitcoin only for those who can afford it?

In my own opinion, making investments in bitcoin or any cryptocurrencies are very difficult to do because as we have known it is a very risky things to do. That's why most of us saying that involving here to invest money that you can afford to loose because we're pretty not sure if we can be a successful investors or one of the failure investors. However, in investing to bitcoin are very nice thing to do especially if we wanted some things to be better happened in our lives.
6  Economy / Economics / Re: Which one do you prefer?Increase your Bitcoin or ِDollar? on: August 04, 2018, 02:19:15 PM
In Trading, there are two categories of people, those who want to increase their bitcoin volume, and those who want to increase their dollar volume. Which one do you prefer?Why?

In my own opinion, I choose or I prefer the increase of dollars because the exchange that we are looking is from bitcoin to dollars or any other coin to dollars. If dollars will increase then if you have more bitcoin the exchange that you will get will be higher. Since you converted it from bitcoin or ethereum or any coins to become dollars. But of course, we have different opinions, maybe you choose bitcoin but for me the important is the one who supports to give physical appearance of bitcoin in terms of fiat.
7  Bitcoin / Bitcoin Discussion / Re: Can you wait to prove them wrong about Bitcoin? on: August 03, 2018, 03:31:54 PM
I think a lot of people around us has told us that Bitcoin is a FAD or a SCAM or a Ponzi scheme.

Some of our closest relatives have told us to SELL before the BUBBLE will burst. {guess we hear that enough?}

The media is telling everyone that Bitcoin is the tool of criminals and terrorists and child pornographers and paedophiles.

Most of these people are not invested in Bitcoin, but it looks like they are looking for reasons to attack it.

How many of you want to prove them wrong? I sometimes look at these people and I think... WTF are you on about?

I seldom bring up the subject anymore, because everything coming out of their mouths are negative. The only time when they

are interested, is when the price hits a all time high. Then they want advice to invest in Bitcoin and when they buy at the ATH,

and the price drop with 10%, then they panic sell....lose money....blame Bitcoin. I am sooooo sick of this.

I hope we can finally prove them wrong in the near future, because this is definitely getting under my skin now.  Roll Eyes

I agree on what you have stated because like you, I want to make the name of bitcoi or other cryptocurrency be cleaned and let them know that all of their statement or accusation on bitcoin and other crypto are wrong. And yes, I am willing to wait to show off the real thing that bitcoin can do. Those people who said negative like that are one of the reason why other people are afraid in investing in bitcoin. So, I am willing to wait.
8  Bitcoin / Bitcoin Discussion / Re: BITCOIN = FUTURE on: July 29, 2018, 12:01:29 AM
Who is that person who would not invest in his or her future? what awaits such kind of person, i asked about 50 friends and their answer was POVERTY, some says DISASTER.

It is normal for people to be scared as they are not sure of what the future holds, they panic, they fear as no one knows tomorrow, we are uncertain of what would become of us in the next 10 minutes.

The only way we could atleast be sure of a better future is by investing greatly into the future, we invest our resources, our strength, we go against our parents sometimes to pursue what we think is better for us that would be beneficial to our Tomorrow.

                                                          BITCOIN = FUTURE

I believe so much in Bitcoin that i staked all of my resources, i had to even talk to my wife to allow us sell our house so we could invest in our future and that of our children and i must tell you that it is really paying off, we bought 5BTC this year when it was dip around 5000 dollars, and i believe you all know what the price of BTC IS TODAY... This is my first post on this platform, i'd decided to do this so as to have a platform to refer doubters and people with no foresight to when BTC hits 100 thousand dollars before middle of next year 2019

When future comes, I think bitcoin will gain or grow more than it used to be right now. I think it will help many people in the future because there are rumors that it will be used in the future in part of fiat currency and I think many people will invest in cryptocurrency specially on bitcoin because it will help them to avoid being poor and I think it is good for them because bitcoin will play an important role in the society.
9  Bitcoin / Bitcoin Discussion / Re: Will bitcoin Die because of global Regulations? on: July 28, 2018, 11:56:45 PM
Frist China want to ban all the foreign exchanges in their country.

then France Creates Working Group for Cryptocurrency Regulation

then German Central Bank Director: Crypto Regulations Must Be International

Also India already setup a board for crypto regulation.

What is happening all over the world?Something whats soul purpose is to be decentralized will eventually be centralized?

How much do you think a global regulation on crypto will affect the overall market in this year?

I think yes, specially when the rules that has been publish is about the bitcoin and its negative part when people use it. If that will become the rules globally many countries will make a decision like making bitcoin banned in their country or stop using bitcoin in their country. If that happens many people would suffer and many people will lose hope on becoming rich or wealthy because bitcoin helps many people to avoid being poor.
10  Bitcoin / Bitcoin Discussion / Re: What Frustrates You Most When Using Bitcoin? on: July 28, 2018, 11:45:29 PM
What is the most Frustrating/Annoying thing that you come up against each time you use/but/sell bitcoins?

Do you think it will it ever be fixed?

For me, I feel frustrated in bitcoin when the profit or the salary that I will take in campaign here in the forum is low, because of bitcoin's volatility. Many people other than me, experience a frustration when they buy bitcoin and the price continue to go down. It is hard for us to see that our money instead of gaining more money it loses more, and that makes many people frustrated. I think it will never be fixed the bitcoin's volatility exept that it will be held and ruled by the government.
11  Bitcoin / Bitcoin Discussion / Re: What factors scare others from investing into bitcoin? on: July 28, 2018, 01:31:43 PM
Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduce to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?

In my opinion, there are many factors that affects the decision of many people in investing in bitcoin. For me, the first reason is that because bitcoin sometimes uses by making an illegal activities, such as gambling or paying other to do some I thought. Next is that they are afraid because of bitcoin's volatility. Since no one can predict the price of bitcoin, they are afraid on what will happen to their money whether it will gain or lose some money.
12  Bitcoin / Bitcoin Discussion / Re: EVERY TIME IS RIGHT TO BUY AND SELL on: July 28, 2018, 01:23:13 PM
Looking at how BTC is and its ability to increase, I have seen people posting all all over the forum that can I buy now, is this the right time to buy and many more. To me I think every time is the right and best time to buy BTC so we should go on and buy any amount we want to and stop all those post because when you buy now there will surely be a time to come where it will increase in price for you to enjoy it. We can buy and sell anytime and anytime is the best time. What do you think guys? Any suggestions?   

In my own opinion, I am agree on the statement that you have said that everytime is right to buy and sell bitcoin because I believe that if you really want to buy bitcoin and want to earn money then buy bitcoin and don't hesitate, while selling bitcoin is also in right time just make sure you are decided to sell your holdings or bitcoin. If you really need some money, go and sell your bitcoin but if you don't need just wait to see if the price of bitcoin will increase.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: How fast did you get confused about Cryptocurrency? on: June 14, 2018, 11:06:30 PM
Seriously it took me time before getting on Crypto world. But no late comer. I guess one will think it's all a waste of time before you see it happen. It's all real. Good effort, patience and carefulness matters. Crypt is going global so reliable with good income.

Correct. We have the same experience, I also took my time before I really involve myself in cryptocurrency. I learn everything first before I finally take the risks. At first, I am confused of what crypto is but as soon as I read articles, questions that had been blurred in my mind becomes clear. Crypto is indeed a good platform to invest and to lend time with.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: how to earn token and coin free ? on: June 14, 2018, 10:19:29 PM
is any way to earn a lot of coins and tokens free
please suggest me because i want to earn

If you want to earn tokens for free, you could join weekly or bounty campaigns. These campaigns takes time but you can also participate to airdrops or faucets offered by campaigns. Airdrops consume most of your time because time to time you will earn a small amount if money. So, I suggest that you should join campaigns instead.
15  Economy / Economics / Re: Can human stupidity affect the movement of the market? on: June 14, 2018, 10:06:26 PM
Hello, community. Political, economic and social news in the media significantly affect the life and behavior of the crowd. How can crypto news affect the movement of the market?

Media can affect how people view something. Just like cryptonews, most of the news about bitcoin that I've watched shows negative things. But I don't believe in it. Remember not all the thing we see in media are true. Some are sugar coated. But we cannot deny the fact that people's view about bitcoin after watching news may affect the movement of the market. That will cause fluctuations.
16  Economy / Economics / Re: Wise thing to do with your savings. on: June 14, 2018, 04:10:15 PM
I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?

The wisest thing you should do with your money is to invest it in a cryptobusiness or buy bitcoins or altcoins and trade it. Well, you can place your money in a bank because you can guarantee that it will be safe there but it will not grow. In a bank we only given small interest rates so knstead of wasfing your time with those rate why not invest and trade.
17  Alternate cryptocurrencies / Altcoin Discussion / Re: I'm getting tired of this! on: June 14, 2018, 03:47:14 PM
This happened to me a lot of times now and I know that this also happen to you guys. How can we fixed the issues where when we applied for a signature campaign, some user will also apply using the same bct account name and bct profile link but they will use their own ETH address. I've reported a lot of times to every manager about this kind of issue and it is really tiresome and my time is being wasted.

Can campaign manager prevent double entry of bct name when someone is applying for a bounty campaign?

I did not experience this kind of issue but to make sure you will receive your token in a campaign, monitor the spreadsheet and incase there is a user who try to us your bct name you can contact the manager through telegram or pm him in this forum. You cannot tell each and every campaign about this issue because there is a lot of campaigns here and as you said it is very tiring. Good thing you made this topic.
18  Economy / Speculation / Re: Buy now and earn in the next few months! on: June 14, 2018, 12:47:31 PM
I have come to a point where sharing is loving and would like to share this good news about the market fall down of bitcoin and other crypto. Well it is not really that bad news especially if you had already holding crypto because there will come a time that bitcoin will going to go high again on its market price. Just relax, seat back and watch market price going strong each day. And to those who do not have yet their crypto then i this is a good advise invest now and earn in the next few days, weeks or months.

I agree! Last year bitcoin had made a history. Bitcoin reached almost a million. It is not impossible that bitcoin, its history will repeat itself. Invest now and buy bitcoins while holding and waiting for it to pump its value in the market.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: Where can I learn trading ? on: June 09, 2018, 07:34:55 AM
I suggest that you should read more articles about trading. Ask experts what are their strategy to succeed in trading. You can also use social media like youtube or facebook to earn informations and tutorials about trading.
20  Bitcoin / Bitcoin Discussion / Re: 5 countries that banned bitcoin on: June 07, 2018, 02:54:56 PM
Good thing that our country doesn't ban and doesn't plan to ban bitcoin because if that will happen many of us, the sers of bitcoin will surely disagree to this. As we can see, bitcoin provides work for individuals so why ban it? It can make the life of every person wealthy.
Pages: [1] 2 3 4 5 6 7 »
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!