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181  Economy / Economics / Re: Electronic Money vs. Physical Money on: January 01, 2018, 02:03:16 PM
Hi guys, I just want to know your views and opinion about the difference in Electronic Money (Bitcoin and others) and the Physical Money. Many people now a days are still confuse about the existence of the Bitcoin and how it differ from our Physical Money that we are using to buy necessity. I hope we could share and learn from each other.  Wink Smiley
Using either Electronic Money or Physical Money benefits us. Electronic money helps us operate an easier way of transacting any goods or stuff. While using physical money could be also of good use when there is no internet and there is no better way of using electronic device on it. Bitcoin and others can be of good use when there is an internet connectivity on the area whereas there is a bitcoin ATM to be used as well.
182  Bitcoin / Bitcoin Discussion / Re: Bitcoin to eliminate unemployment. on: January 01, 2018, 04:52:44 AM
Almost every country has unemployment problems. There are many young boys who are working unemployed. But the days of settling their turn are over. Now, if you wish, you can earn a lot of money sitting in the house. Bitcoin can earn their unemployment by earning. It can be possible to improve the country by improving their lives by earning bitcoin. That is why Bitcoin among all Habetahale to spread the knowledge of the second day will increase the demand for Bitcoin.

The possibility to reduce unemployment because of bitcoin is actually happening and is very possible these days. People work well on an internet based work than the work we had before which required skills and physically demand. Now, because of bitcoin people have the luxury to also earn better than how other companies pay you.
183  Economy / Economics / Re: Stock market vs. Bitcoin??? on: December 31, 2017, 05:53:14 PM
Hi traders!
Does somebody here do trading in stock market and also trading in bitcoin? Which is more profitable and safe?
Thanks ahead!

I'm just planning to invest in stocks market but this is what I observed base on my studying before entering it.

1. In stocks, the profit is very slow. It will take years to see your profit.

2. In bitcoin,it will only take a couple of days or months and you can get an instant profit.

Stock is safe because it is backed up by the government, bitcoin is decentralized but we do trust it.

Both of them are risky but bitcoin is better and profitable.
I would agree in this. I have been thinking the same thought for a couple of months about starting to invest on stocks as well aside from bitcoin. However, your post makes sense and true that in stocks, earning really takes time and you need to count years for it to be profitable. Yes it is safe and how it operates made the people accept it. Bitcoin is also safe and is starting to gain trust by the users like us. Just as what you said, both has a risk and it's up to you whether you will grab it now or later.
184  Bitcoin / Bitcoin Discussion / Re: 2017 is almost closed.... How was the Crypto year friends on: December 31, 2017, 05:10:35 PM
With many many works,  joy, love and in some cases sorrow we all are going to finished the journey of the year.
So how was the journey friends? Specifically Crypto world's!!!    Smiley Roll Eyes

Cryptocurrency went well for me this year! Amazing that I became one of the witnesses of seeing how bitcoin soared high for 2017. I am looking forward for how bitcoin and other cryptocurrencies will make it to the next level. 2017 also helped me learned much about this crypto world and all the possibilities of what technology can do. Cheers to 2017 and cheers to 2018 that is ahead of us.
185  Bitcoin / Bitcoin Discussion / Re: Oh crap! What happened to bitcoins? on: December 30, 2017, 12:13:50 PM
These days I am noticing that the price of bitcoin is quitely decreasing..So what can we assume?
Bitcoin is going towards its end or its a good news for investors...If so then lets buy lot of bitcoin at risk...may ne in future we suffer from heart attack or we can become mad for becoming such rich..
When bitcoin is low, it is indeed the best time to buy and allow it to be on hold for a longer period of time. The decrease of bitcoin's value nowadays is normal since many have withdrawn their bitcoin for their own use. After the holidays I'm sure it will again regain it's value.
186  Economy / Economics / Re: Do you think the Xmas and Holiday season, caused the drop in the price? on: December 30, 2017, 11:22:53 AM
So it is the Holiday season and it was Xmas. How many people dived into their Bitcoin hoard to buy Xmas gifts and also paid for a nice holiday with their family?

We saw a huge increase in the price, early in the season and this might have triggered a situation where people rewarded themselves with some "Gifts" for the holiday season.

The direct impact of that would have been a higher influx of coins onto the exchanges and if that was not met with a higher demand for coins, then it would explain the drop in the price.

Did you splash out with some expensive gifts and extravagant holidays with your bitcoins, during the holiday season?

Well as for me, I didn't really dived into buying expensive gifts. I still hold some of my bitcoins. Also, the price dropped certainily because for sure many of us used their bitcoin for their needs and wants especially this holiday season. This happends every year though so the rate is just normal.
187  Economy / Economics / Re: Economical World Of Bitcoin And Its Difficulties on: December 30, 2017, 10:37:33 AM
From many months i am thinking about what if " we remove fiat system , and change things into crypto " .. What are the main difficulties we will face ?

1. Internet every where is not yet done.
2. Awareness with Crypto ( but its not a big thing, as most are aware of how to use currency. )
3. Bitcoin is only 21,000,000 and world population is more. ( This can fix by other altcoins same like USD/RUB/CNY etc )

What other difficulties we can face ?



As we all face the future of bitcoin and how it will work for the others in the next years to come, things should be really settled first. Indeed, internet should all be stable in every parts of the world because without it, it is impossible for bitcoin to operate with it's users.
188  Bitcoin / Bitcoin Discussion / Re: I have NEVER seen Bitcoin in such a sorry state as this!! on: December 30, 2017, 10:32:49 AM
Several transactions of mine have gone with 0 confirmations in the past several days.  And some of those I was paying 1.5X or 2X the recommended fees.  Nothing.  Nada.  Zilch.

Bitcoin has gone from being an expensive network to use to a practically unusable network.  I was defending Bitcoin against millions of tards back in 2011 and 2012.  Are they going to have the last laugh on me now?  It pisses me off to actually see some of you defending this too and saying "this is the way Bitcoin is supposed to work".  Umm... NO IT IS NOT .

I have ZERO confidence left in Core and their "developers".  Their network can't handle the slightest bit of volume without totally seizing up.  And then Adam Back is out there with the press talking about Bitcoin vendors and merchants running a tab system??  Really??  You can't do your job properly so you want people to run a tab in BTC??  You saw this coming from 10 miles away and did nothing about it.  Stupid or malicious?... you decide.

I will be converting my remaining BTC to BCH, Dash, XMR and coins that actually work! And coins that have teams that have at least a Grade 7 level understanding of economics, ie.. "when you are at capacity, you open more locations".  And not throw out "but but centralization!!" juvenile red herrings!

Long time Bitcoiner of 6 years here saying, "SEE YA LATER! CASHING OUT NOW!"



This is indeed a very sad sentiment especially that bitcoin is losing it's value nowadays. However, this should not be the fate of all. Bitcoin will still regain it's value in time. As someone invested on bitcoin, expectations must also come as downs will be also happening. In all investements, risks are always involved.
189  Bitcoin / Bitcoin Discussion / Re: Ever dreamed about Bitcoin? on: December 29, 2017, 09:09:28 PM
Have you dreamed about Bitcoin before? Well, recently I dreamed that someone sent me 5 BTC to my Mycelium wallet. I told my friend (in the dream) that those Bitcoin worth around 3000 USD. If that was true ... One Bitcoin is equal to 600 USD in my dream.

Well, I hope the dream come true one day - be it free 5 BTC or 600 USD per Bitcoin.

Dreaming about bitcoin must be cool. I haven't dreamt of if yet but it is giving me an impression of thinking over and over again for the past few months. This directs me to think tbe furure of bitcoin, it's opportunities for the users and how much if can still be worth in the next 5 years.
190  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] Bitcoin White - Decentralized Applications Platform - Signature Camp.🚀 on: December 27, 2017, 10:50:55 AM
Bitcoin username: Malaya
Current post count: 325
Bitcoin White Address: 863312665100173796
 
191  Bitcoin / Bitcoin Discussion / Re: I sold everything on: December 22, 2017, 02:58:35 PM
Hi there,

first I want to say this (because I think many people that feel bad will read this as well) :

I think it that the price of BTC will go up again.. I cannot be sure, noone can, but it will probably be ok again.

But....I sold everything... My cryptocurrency that is Smiley
The reason is that I can not grasp the reason of the cause behind the value changing so much whenever it happens.

"ooooh now it went up a lot"...
"aaaaah now it went down a lot"

Then you google and google and wonder....WHY? Why did it go up a lot. Why did it go down a lot.
Sometimes you can find out about some guy with influence that said something on a conference on the other side of the World.
Sometimes it is because a site like coinbase made a mistake or introduced something new..

If lots of people buy, it goes up.
If lots of people sell, it goes down.
I understand...

But if I look at the big picture, it is still a mystery Smiley

So..while I still had a little bit of profit I sold everything.

I did not put in my life savings, but still enough to make me feel bad if the bitcoin would go down a lot more.

I also have to think about taxes (I hate doing taxes!). Here in Scandinavia I have to write down everything. All the order numbers, the amounts,,.... I will take me hours of looking up how to do it properly.
And then I have  to pay 30% taxes over the profit because they validate the bitcoin like a lottery here (and I see the resemblance as well!)
I also bought it from websites from other countries and then the amounts are of course in the wrong valuta... .....horrible....  Wink

I wish all of you "bitcoiners" a very happy 2018. May all of you have profits!! (I feel like a ferengi all of a sudden)

And ehh...I probably will be back again. Just like a lottery, it is a bit of a "kick" one can get out of having a profit.

Demesmaeker







Well, selling everything because you are not comfortable of holding it, that's absolutely fine. Bitcoin is for those who can we withstand believing on it. There will be time that bitcoin will drop it's like what we are experiencing nowadays but that's absolutely fine because in investments, risk is also normal and we have to embrace it.
192  Economy / Speculation / Re: When will Bitcoin stop its correction? on: December 22, 2017, 06:58:13 AM
I think there is nothing to worry about. Most of people tend to sell their btc so that they have money on the upcoming Christmas celebration but I'm sure that btc will rise again maybe weeks after the holidays.

Instead of worrying, let's take these opportunity to buy more bitcoins. Everything is gonna be fine. (I hope so)

I think exactly the same, hope it goes this way

I am hoping for the same, too. If it will not stabilize, I will be brokenhearted.

I can finally say now that it's not just relationships  can break a person's heart, Bitcoin is one of it! I hope this could be fixed soon. Bitcoin has been a good source of income for me since the very start. This has helped me with my personal finances as well as with my investements to prosper.
193  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrencies are the furture on: December 22, 2017, 05:16:35 AM
2018 should be successful in crypto-currency. Many believe that the prices for some crypto-currencies will reach 500% by the end of 2018.
I have heard the same too. Just as how bitcoin made it to success, the same can happened to other crytocurrencies in next few months and years. Many people now believe on the potential of crytocurrencies because it is more convenient to use and at the same, it can be easily invested.
194  Alternate cryptocurrencies / Altcoin Discussion / Re: Token or Coin? on: December 22, 2017, 05:04:14 AM
Nothing better than other, each have its own Advantages and Disadvantages. Its all up to you wich one youll choose.
And ofcourse make coin can cost more its about to build an own chain for that coin, im not gonna say creating token or kind of smart contract is an easy job but creating a coin can be more complicated
This makes sense. Whether you choose coins or token to have in your crypto wallet you will have each advantage or disadvantage of those. Also, I think it depends on a person's or user's preferences in gaining income or even in investing.
195  Economy / Economics / Re: People are extremely biased towards bitcoin. on: December 22, 2017, 04:39:46 AM
People are extremely biased towards bitcoin for many reasons. Those that still holds bitcoin with them would continuously market how good it is and how it even pioneered the cryto currencies nowadays which is true. Bitcoin has been and will always be successful as they always believe because of those people who never let it go.
196  Bitcoin / Bitcoin Discussion / Re: Thank you Bitcoin and GOODBYE (Let it goooo) on: December 22, 2017, 03:59:03 AM
Alright

"Bitcoin is king" "Bitcoin will keep growing" "Bitcoin is the leader" "Bitcoin will never be replaced" -newbie.
Why are people still so convinced about this?

Bitcoin is great, we learned a lot of it. Without Bitcoin we wouldn't have those other cryptocurrencies.
But just because Bitcoin is the pioneer doesn't mean it can't be replaced.
Bitcoin Cash is just a clone with bigger blocks, this will only solve the problem temporarely. So forget about it.

It's clear that Bitcoin isn't the best coin anymore. Problem is because of all this hype there is a lot of new dumb money that only see Bitcoin's insane price growth. That kind of people that leave their money on Coinbase is what I'm talking about (for long term).

If people would look at things more objectlively things wouldn't have gone this way.
I'm not naming other coins because I don't wanna make this a pump post.

Too much dumb investors these days.. Bitcoin is no longer useable in a normal way but noobs will never realize because they never make a transaction to their own wallets because they don't even know it's decentralized and stuff...

I hope Bitcoin will fail soon. It has had enough time to be adapted to its use of today. Why can't Bitcoin be as good as other and better crypto's? I have no idea. But in my eyes it's already game over for Bitcoin.
I know theres gonna be a lot of fanboy hate coming to this post. Don't make them ruin this topic please.

Thanks to those who made Bitcoin possible, we will never forget you. But now it's time to move on.


DEAL WITH IT!!




This is considerable knowing that bitcoin price is getting lower and lower each day. This will really test who are the real bitcoin believers. It is true that moving on on it is okay and a must thing to think of. But as one of a bitcoin user, I will continue to believe in it!


197  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Hackable? on: December 21, 2017, 05:32:24 PM
All is hackable, above all if it is a online system.
But i think that is not easy to hack the bitcoin system, and the team is constantly work to make secure their systems
The same thought with mine. Nowadays, things can be hacked even the most secured assets anywhere in the world for as long internet or online system is concerned. However, in regards to bitcoin, I think the way it was designed is not that hackable as a person thinks for it is secured and proven records of reliability.
198  Economy / Speculation / Re: If you knew Bitcoin would never change in value, would you buy it? on: December 20, 2017, 05:04:09 PM
If it were guaranteed that the price of bitcoin would stay the same as it is today, would you still buy it?  My guess is, the answer is no. But if its value lies in being a currency, price stability is essential. And if your answer is no, how is it then not just a Ponzi scheme? In other words, everyone is buying it on the hope of someone paying more for it in the future, not to use it as a currency.
Well, one of the key factors why people buy and invest on bitcoin is that it change it's value and it uprise it's price. This gives much excitement to those who use it. So I think when it's value will not change, people may not be encourage to buy or invest on it anymore. Also, bitcoin is known for how it is from the very start.
199  Bitcoin / Bitcoin Discussion / Re: Reason why eBay/Amazon will Never accept bitcoin on: December 20, 2017, 12:37:15 PM
An easy answer for this is that, people in eBay/Amazon might not be really open to the things and opportunities bitcoin can provide. Meaning, they believe bitcoin yet. However, this cannot be always the case. Things always change. The things may have said never, in time...things will change.
200  Economy / Speculation / Re: BTC gone down today on: December 20, 2017, 08:19:10 AM
Seems on the markets at present time BTC has come down. your thoughts on this and why you think it happened?

Do you think it will go back up? if BTC goes down way lower would it be wise to buy more into it
I think this is normal to happened. Others are for sure starting to invest on alternative coins. Like myself, it is also good to see other potentials of other cyptocurrencies. But as for me, bitcoin will continue to go up since many more than ever now knows about bitcoin. In fact money countries are allowing bitcoins in their transactions.
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