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941  Bitcoin / Bitcoin Discussion / Re: If no one spends bitcoin what might happen? on: January 27, 2018, 03:28:55 AM
Share your ideas here.   Grin

In my opinion, I think we will be stuck in one price or maybe worse we will all go down.

Here is what happened when US citizens are saving too much.

Quote
That's important because American spenders make up the majority -- about 70% -- of economic activity in the country. If people don't spend, the economy doesn't grow.

Check it out here



I think the same thing. But how long it would be? And also probably bitcoin value will not dropped down and would be stuck on an exactly one value. And also if we would cash out all in all at the same time probably bitcoin value would dropped to zero (0) I guess. And this would be possible if there will be people who will manage it as a whole.
942  Economy / Speculation / Re: will bitcoin rise up to $20000? on: January 26, 2018, 11:41:46 PM
Hoping that it will. Well, I and we cannot give a certain answer with regards to that topic since we cannot predict a future we can only guess. But these are somethings that may be considered for us to guess if bitcoin could reached out $20,000 this 2018. First, some news showing that bitcoin some countries are now accepting bitcoin it could possibly drive bitcoin value to increase because there will be a new users, and investors coming. Second and lastly, holidays or event like during christmas season where there are lots of money around more likely investor likes to invest with that day because last year christmas season is the most phenomenal thing happened to bitcoin that it reached $20,000 unexpectedly.
943  Economy / Speculation / Re: Is 2018 the downfall of bitcoin? on: January 26, 2018, 02:46:39 PM
We cannot conclude yet 2018 is yet a long run for bitcoin. And also, I cannot put a certain answer on it since there are more lot of changes could possibly happened this 2018. Bitcoin value dropping as early as 1st month of the year does not mean a downfall of bitcoin, it may be an early downfall but we cannot say yet that it would be a year of downfall which you called 2018 downfall of bitcoin since there are still 11 months waiting for bitcoin it may be a lucky one or may be unfortunate one. What we need to do is, trust bitcoin more than your guts.
944  Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC? on: January 26, 2018, 01:55:52 PM
Yes there is something we could do about it, and also I cannot put a certain answer on where you should invest since I am not into it an investing stuffs to earn some profit in the first place but I can give piece of advice if you would find one. Monitor, monitor and just monitor and critically analyze the place or people you would invest your money since there are lots of scammer using this kind of thing to earn money. If you would find one do not quickly invest to it, words can encourage but also words can deceive you always remember that.
945  Bitcoin / Bitcoin Discussion / Re: Why aren't there more women in Bitcoin? on: January 26, 2018, 01:41:39 PM
Because that is how it is. This forum is for everyone, thus bitcoin is for everyone it may seem that males are more knowledgable than females or should I say males are far more interested on doing this thing rather than females. Because there are no gatepass or requirements even existing on this for you to start, you only need to have a sense, perseverance, and most likely a hard work on doing this stuffs because this thing is not a joke for us to troll around.
946  Economy / Speculation / Re: 2018 good year or bad year for Cryptocurrency ? on: January 24, 2018, 03:30:18 PM
I could not put a certain answer since 2018 would be a long run for bitcoin. But I do hope that this 2018 is for bitcoin again, and for bitcoin to regain its phenomenal value of $20,000 wayback on last year December. According to some news, that South Korea will accept bitcoin again, that would be a sign that bitcoin value will definitely rise up again. And could be also a sign of a good long run for bitcoin again. Hope this goes also to other cryptocurrency such as ethereum and so on.
947  Bitcoin / Bitcoin Discussion / Re: Why does bitcoin crash occasionally? on: January 24, 2018, 03:23:02 PM
Maybe an unexpected wide selling panic but I do not think that this is kind of an intentional activities. Since bitcoin is decentralized the biggest company or group could make an intentional crash. This crashes could possibly the root of recent news that south korea bans bitcoin and about Japan's and China's regulatory woop such news probably drive people in panic for them to buy and sell bitcoin to get the hell out of such crashes.
948  Bitcoin / Bitcoin Discussion / Re: France, Germany to make joint bitcoin regulation proposal at G20 summit on: January 24, 2018, 03:13:42 PM
After China, S Korea, India, now it's France and Germany. Won't be long before US jumps in too. Not necessarily a bad thing if it only targets illegal activities& scams. What do you guys think?

Indeed not a bad thing though. And this is for the sake of us and for the people who are not that literate with this kind of stuffs since bitcoin is decentralized. And also by this news I think that this is kind of assurance that bitcoin would get widely accepted world wide, and an assurance that bitcoin value will reached again its historical value or more likely it will reached its new high value. I see that bitcoin would be more sustainable as it is and new uses of it are yet to come.
949  Bitcoin / Bitcoin Discussion / Re: [BREAKING NEWS] Good News: South Koreans To Resume Crypto Trading In 7 Days on: January 24, 2018, 03:07:18 PM

Definitely, this is an opportunity to buy bitcoin because there is an assurance that bitcoin price will spike it up again like what it did on last year's hit. According to some article I have read six korean banks will now allowing the opening of accounts which can withdraw and the sametime deposit, and as well as transfer of funds on this coming January 30 but with a few restrictions. By this it could be an assurance for us that bitcoin value will definitely regain again its high value.
950  Bitcoin / Bitcoin Discussion / Re: Why media against bitcoin ? on: January 24, 2018, 02:57:11 PM
Bitcoin value rapid rise has made it hard that even the richest people, celebrities, businessman and so on to ignore and mostly as the norms of life if there something new, and getting his/her stage to light there will be always people who has something to say to it negatively and positively. Maybe media does not want bitcoin that even there are lot more good benefits on it they tend to focus on sharing the things that it may dragged it down since the media is against. This thing is nothing new as this happens on a real life at the same time.
951  Other / Off-topic / Re: What age to teach kids about crypto? on: January 24, 2018, 12:36:37 PM
As long as they can understand things that is simply complicated we could or should start teaching bitcoin to them. Probably if they would get understand this thing they would definitely be prepared on doing this kind of work once they grew up. Such concept as this is definitely one of the most greatest idea we should doing. Can you imagine if we learned this way back before? Probably we are the one who are manipulating things about bitcoin.
952  Other / Off-topic / Re: Bitcoin is not gambling on: January 22, 2018, 12:25:36 PM
Yes it could be somehow but bitcoin could be use for gambling. Well, a real money could be use for gambling and bitcoin functions as money and the role of bitcoin is to be a money in this world. Also, there is a section existing in this platform that you can play gambling or some stuffs that you can bet your money or to be precise you can bet your bitcoin. What I am pointing is that, when talking about bitcoin it is ineed not for a gambling but it is a thing that could be use for gambling since bitcoin is also a money and we cannot deny that fact.
953  Bitcoin / Bitcoin Discussion / Re: In what situation would Bitcoin die? on: January 21, 2018, 10:12:19 PM
I cannot put a certain word since there are no specific details that it could be stop. But based on what I always imagined is that if bitcoin would get banned world wide but even though there are things that gets banned there will be always a way to do it secretly like drugs, illegal drugs are banned world wide but there are people who sell it secretly right? So, if drugs could do it then bitcoin could also do it. The most certain thing I could sense that it would be stop is that if bitcoin value gets unusable this would be probably the thing I could be certain that bitcoin would stop or probably die.
954  Economy / Speculation / Re: Bitcoin prices dropped, should you buy? on: January 21, 2018, 09:54:59 PM
It depends upon you. But in reality most of the people who are working in this stuffs buy some bitcoin if the price of it drops, and sell bitcoin if the price of it spike it up again they were always doing this concept buy low, sell high. So, if you feel like this would be time to buy bitcoin then buy it because why not right? Or else you are still waiting for it to drop at its most level. Because when it increase that would be an assurance that you earn something you had bought.
955  Bitcoin / Bitcoin Discussion / Re: Is bitcoin transaction fees fair? on: January 21, 2018, 04:44:13 PM
That is the downside of bitcoin value continuously changing or we say is not stable. Well, mostly people who sell thing always think that they will earn money way too far from what we think. Also, if you would put your feet on their shoe definitely you would also do the samething to earn or else you would lose. That is a win-win situation, you should always make a good and marketable move since bitcoin value continuously changing. All in all, if you really would like to earn something do something beyond the usual even it means unfair for others but do not abuse such situation do it moderately.
956  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin or Altcoins? Which is safer or more profitable? on: January 21, 2018, 04:30:43 PM
Both I guess. But if you are talking about which is better I definitely go to bitcoin bias aside. Well, as far as I know about altcoins it is something alternative coins based from the word itself alternative it does mean that it was created as an alternate to be specitic as a substitute or proxy or something that is use as for mimic to bitcoin, so I much prefer bitcoin over altcoin talking about which is profitable, basing from observation I cannot or we cannot put an answer to it we do definitely need a serious study to it to be specific a mathematical study to put an answer between the two. But if it way talking which is better then my answer is bitcoin, for safer I guess both, for profitable I cannot yet answer it.
957  Bitcoin / Bitcoin Discussion / Re: I'm gonna sell my house on: January 21, 2018, 04:08:57 PM
No do not do it you will definitely regret it later though. This is the most most and just the most definitely worst idea I have seen. Your own house is way too greater and better than to a piece of bitcoin. Make think out of it, analyze the situations you will faced if you would sell your house. There are too many ways to earn bitcoin, selling your own house is too way far from the advisable idea to earn bitcoin. Save it or else you will regret it. There are no assurance that bitcoin will be in this world permanently and also bitcoin value is not as stable as you think it will be a big loss to you if you would sell your own house.
958  Bitcoin / Bitcoin Discussion / Re: Why people sell bitcoins? on: January 19, 2018, 03:01:30 PM
There are no other thing but to earn profit out of it. Well, that is the other option to earn money out of bitcoin but the downside of it is that you cannot maximize the use of bitcoin since you sell in an exchange to a real money. This happen because few transaction or few company, institution or organization are offering a product for an exchange of bitcoin or the mode of payment is bitcoin. This would not get happen if bitcoin would be use a medium for an exchange to a certain product.
959  Bitcoin / Bitcoin Discussion / Re: Should Bitcoin even have a future? on: January 19, 2018, 04:54:04 AM
No and why would it have. And if bitcoin does have a failure then the people who uses it is the probably main reason since bitcoin depends upon the people who uses it. Well I understand what you are pointing out but as I see that idea is kind of hard to happen since bitcoin does not even have a specific people who manages it for it to be use properly as you think. But the idea of yours would be possible if everyone who are using bitcoin would use it as properly as what you think. By that bitcoin would get drive on proper use, and would be use sustainably.
960  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a mode of payment on: January 19, 2018, 02:58:26 AM
This is the most greatest idea that someone would think. I guess this such idea would be a big help for everyone especially our world is continuously progressing yet few organization, institution and company are doing this kind of thing. But before this, this idea needs to be accepted by government and as well as bitcoin. By this idea it will be such a big help for everyone for example if you are about to pay your monthly or daily payment you do not even need to go on the certain place to pay you only need to send you bitcoin as a payment. Well the downside of this is that it could be a win win siguation since bitcoin value is not stable.
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