|
281
|
Economy / Economics / Re: how can bitcoin help the community?
|
on: January 18, 2018, 03:49:06 PM
|
Bitcoin is promising currency, but somehow because of it's volatile value. How can bitcoin help the community? especially the 3rd world country.
As we all know Bitcoin are giving the opportunity to earn profit. Many Individuals earned thru it by holding, investing or just simply joining various projects. They can use their profit for their family's daily expenses or bills, it was a great help indeed. In conclusion, family is the basic unit of community so Bitcoin can play a big role to every community. |
|
|
|
|
282
|
Economy / Economics / Re: Does the Price of Bitcoin Matter?
|
on: January 18, 2018, 03:37:37 PM
|
For true devotees of Bitcoin, the price of the digital currency is almost irrelevant. They believe in its inherent value or, more frequently, cannot see any value at all in the alternative of government issued fiat currency. Price is therefore not a concern. At the other end of the spectrum, for those that harbor what appears to be an irrational hatred of Bitcoin and anything to do with it, the exchange rate also matters little. They were screaming that it was all worthless when the price was at over $1000, and somehow convince themselves that an exchange rate of over 200 times what it was before that bubble proves their point. For the vast majority of people somewhere in the middle, however, the price of the currency in Dollar, Euro, Yuan or whatever terms is important. Read more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcUI believe that Bitcoin price really matters! We cannot deny the fact that we are very grateful if Bitcoin price pumps. I also believe that Bitcoin price are the major reason why there are many people using Bitcoins. Actually they tend to hold it for bigger possible profit in the future. In this case they primarily concerns about it's price. |
|
|
|
|
283
|
Bitcoin / Bitcoin Discussion / Re: What impresses you the most about Bitcoin?
|
on: January 18, 2018, 03:33:17 PM
|
I know a lot of people have different reason why the love and embrace bitcoin.
For me the decentralized nature of bitcoin and the thought of being able to send coins to anybody in any part of the word, no third party, no regulation(specific amount), no bullshit is mind blowing.
For me, I will choose its price volatility. Because of this, a lot of opportunities we might possibly get. Many Bitcoin users uses the price dump opportunity to buy Bitcoins so that they can earn profit after all. Like the famous phrase of professional traders, "buy low sell high'". I think this is one of the best characteristics of Bitcoins aside from the anonymous working kind of stuff in this forum. |
|
|
|
|
284
|
Economy / Economics / Re: what will happen to banks?
|
on: January 18, 2018, 02:53:21 PM
|
Since banks profit from fees and blockchain will kill fees, my guess is banks will be negatively impacted.
Some banks are already stepping into the blockchain world.
But blockchain will not bring back the profits as otherwise.
Any thoughts?
Apologies if this is not the right place to discuss.
Thanks in advance.
I think Bitcoin will only lessen the users or investors of the banks. However, it will not affect the profit of the bank hardly. Even there are many people patronizing cryptocurrency there are still people who are not believing or not using It fully. They are more strategic in their move, they might devide their money to several places like banks or through blockchain. |
|
|
|
|
285
|
Economy / Economics / Re: What will happened to bitcoins after one died?
|
on: January 18, 2018, 06:39:51 AM
|
Who owns the bitcoin after someone died? How to state this in the will? Please share your thoughts.
There are two cases may arise, to earn the Bitcoins or to loose it forever. This was the reason why we really need to share our Bitcoin identification to our family. We should make them know about this cryptocurrency so that if bad things happen, our money will not wasted. We have no papers regarding this Bitcoins and the only thing we can use is our email and password. |
|
|
|
|
286
|
Economy / Speculation / Re: Will the bitcoin price recover?
|
on: January 18, 2018, 06:24:06 AM
|
Early 2018 bitcoin prices slumped. When will the bitcoin price recover? How is your prediction?
It will probably back to normal after all. Bitcoin price is extremely volatile that's why it become interesting. There is a big possiblity fo earn larger profit because of it. Many Bitcoin users uses this opportunity to buy Bitcoins. We don't have to panic because it is just normal, it can pump and dump anytime, we just need to monitor it so that we can have an idea when is the time of it's pump and dump. |
|
|
|
|
290
|
Economy / Economics / Re: Many new rich people are created from Bitcoin
|
on: January 10, 2018, 05:20:13 AM
|
bitcoin prices continue to rise as this is one of the causes of increased bitcoin users, whose goal is to change a much better standard of living, give your feedback on this?
These is isnt surprising and everyone can be rich because of bitcoins. There are many users who hold bitcoin for a long time to have a bigger profit in the future. We just need to be careful especially in storing our money in our wallet, it is better to devide it into several wallet to avoid big losses. Private key and passwords are very important because your earnings might be wasted in the near future. |
|
|
|
|
291
|
Bitcoin / Bitcoin Discussion / Re: Too late to get involved into Bitcoin?
|
on: January 10, 2018, 04:18:34 AM
|
Hey everyone
I was mining just for fun when in 2013/14 mining with a gpu was still viable. Since that day im wondering if it is too late to get involved in bitcoin even though I stopped thinking about it for a few years since I was about 15 years old with different things on my mind. Just recently I began wondering again: Is it too late to get involved in bitcoin? After the price blew up in 2014 I asked me the same thing and thought the hype is over and I am just too late. Even if bitcoin is a bubble and each bitcoin is overvalued who can safely tell when the bubble is going to pop if it ever will? I just think this is an awesome project with an equally awesome community despite the weird things in the altcoin section that tend to become more and more popular due to "weird" people picking up on the bitcoin hype caused by media and the increased internet awareness. Im talking about projects like "bigboobscoin" which is topped by some emojis in the title. Since I came along this project I want to own one of the 21M bitcoins to ever be created. In addition bitcoin has something magical to it which I cant put in words but the fact that satoshi never got identified gives me this feeling of a revolution of currency with the right intension. He never pulled out his round about 1 million btc. Well who knows maybe Satoshi is dead by now and his btc will never be touched. Bitcoin came out of the mind of a genious and is so much more worth than only "going to the moon".
Im just wondering if bitcoin and its community still got the same spirit or have the weird people and rich investors overtaken to ruin this project by treating it like a pump and dump shitcoin without a soul?
I hope my english is good enough to make you understand my thoughts and feelings.
Have a nice day.
You don't need to bother yourself thinking that it is too late to get engage in Bitcoin. The only thing you can do is to start it now and work hard for it. Good thing you found this forum, here you can join a variety of projects that are open for all but there is only few who accept newbie. Dont worry about that because you only need two weeks and 24 posts to be a Junior member. |
|
|
|
|
292
|
Economy / Economics / Re: Do you think bitcoin ever be safe for any investment ?
|
on: January 10, 2018, 04:13:01 AM
|
At present situation government actually not so much concern about such kind of currency for that reason people are not so much interested for using this currency. it is now use as a electronic currency though computerized system.
in terms of purchase and sales bit coin holder's are safe but the lack of proper monitoring system by implementing different protocols client are demotivated for using this currency on investment projects.Every country's government should established a policy for securing those client who are holder of bitcoin like an cash or deposit account holders and this types of policy help to motivated bitcoin holders for investing different sector for establishing new entrepreneur in order to development of economical condition.
I think Bitcoin is not so safe in terms of investment, it was too risky. We all know that Bitcoins are extremely volatile, its price can change every single second; but I believe that it will never loose its value. Therefore it can be good for short and long term investment but expect that you can loose your money through it. The only thing we should keep in mind is too invest the amount you can afford to loose. |
|
|
|
|
293
|
Economy / Economics / Re: Why we should fear a cashless world
|
on: January 10, 2018, 03:48:07 AM
|
First of all, we have no assurance that it will happen for many problems may arise when it happens. Cryptocurrency runs through the internet so it will be a big problem if our internet connection fails. I believe that having cash in society is very important because there are still individuals who are not knowledgeable in cryptocurrency. In addition, there is a big possiblity that they will be cheated by others. |
|
|
|
|
294
|
Bitcoin / Bitcoin Discussion / Re: What is BTC for you?
|
on: January 10, 2018, 03:31:00 AM
|
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?
The major reason why I am still working with Bitcoin is because of the profit that I can get from it. Bitcoin is like a gift to everybody because of the opportunity that it can give to everyone. Anyone can be part of it and can benefit from it. You can expect a big amount of profit but on the other hand a big losses is possible too. |
|
|
|
|
295
|
Economy / Economics / Re: Where do you spend your money from Bitcoin?
|
on: January 10, 2018, 03:08:38 AM
|
Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"
Since I am earning not so big amount of Bitcoins, I usually spend it in my daily expenses. I also give share to my family's bills and they are glad about it. Maybe, if I gain a big amount of money soon, I will buy a laptop for myself. It will be helpful for my track. I am not dreaming to be a millionaire but if I have given an opportunity, I will grab it! |
|
|
|
|
296
|
Other / Off-topic / Re: Bitcoin community is rising.
|
on: January 10, 2018, 02:49:56 AM
|
What do you think a about it? is it good or bad for bitcoin?
I think it is good somehow for it will become more popular and thus many investors become interested about it. Maybe it will be an advantage for big earners in this forum but it will be a big burden to small earners like me. Maybe the increase of Bitcoin community is good in general but it isn't a good news for small fishes. |
|
|
|
|
297
|
Economy / Economics / Re: Can we totally eliminate all the banks in this world?
|
on: January 09, 2018, 05:38:44 PM
|
I don't believe that we can totally eliminate Bitcoin from its existence today. By what? Bitcoins? Not true. Even if Bitcoins have many unique characteristics compared to those banks there are still people who preferred banks for it is more stable and regulated by known people. Unlike Bitcoins, it doesn't have central banks. It is too risky also compared to banks, so there are still people who doesn't fully used Bitcoins. |
|
|
|
|
298
|
Bitcoin / Bitcoin Discussion / Re: What's your biggest regret about bitcoin
|
on: January 09, 2018, 05:32:52 PM
|
My biggest regret is when I got introduced to this back in 2012, I tried to buy £200 worth, the platform was down and I never bothered, just recently woke up to it again at over £4k per coin, it is a physiological thing where I don't want to buy at that price.
I think my biggest regret about Bitcoin is when I don't believe on it before. If I believed on what can Bitcoin do before, maybe I was earning a bigger income today; but then I already accepted what happened before. I will strive hard today and be patient as I can while working with Bitcoins, looking for my success in the future |
|
|
|
|
300
|
Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] HIGHREWARDCOIN Investment Instrument based on new generation blockchain
|
on: January 03, 2018, 12:48:40 PM
|
Hellow! Kindly update your spreadsheet for signature campaign to know if my posts are counted. Thanks!
you made 9 posts in the last week! week 1 - 22.12 - 29.12 Sir Hotachy! Sorry, but can you check my posts count again?? I made 10 posts not 9. My first post is on December 28 that's Thursday. and last post on December 30 Saturday. on December 30 Saturday - week 2 ( 30.12 - 5.01) week 1 - 22.12-29.12 week 3 - 6.01 - 12.01  Oh my! Haha. Now I know. I thought the weekly checking ends every Sunday. Sorry again sir. Im glad that you are very responsive. I will share this experience to my friends for they will join your future projects soon. Looking for the success of this project! Kudos Hotachy! |
|
|
|
|
Show Posts
