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1  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 🌳[BOUNTY] FORESTING | Next-Generation Social Media | 48,000,000 PTON, $643K 🌳 on: August 26, 2018, 04:37:43 PM
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2  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency could help your business or not? on: August 20, 2018, 12:34:55 PM
yes definitely it can, cryptocurrency has a great potential that could help the business the main reason is the transfer of funds its purely hassle less anywhere and everywhere in few minutes.

For me, I think maybe the cryptocurrency could actually help my business even though the fluctuation of the prices are dumping my business can live and also depends on the costumers and investors. Just like bitcoin business also have a fluctuation that its either succesful or unsuccesful. Because there's no one who could possibly predict the future of cryptocurrency.
3  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is better than banknotes on: August 18, 2018, 11:57:39 AM
Because it is safer and more reliable than banknotes

Bitcoin is better than banknotes because bitcoin that has blockchain technology can record all transactions and still intact will not be lost or deleted. And bitcoin is more popular these days and bitcoin has easy ways to access and to transact, and since bitcoin itself are havingva faster transactions in terms of money exchange with a very low fees. And also, if we are just looking at this angle then we can tell that bitcoin is really better than banknotes but, if we look at accessibility such as the remote areas without electricity and internet access. On remote areas that had an shortage of sources in the third world countries then we can say that banknotes is better than bitcoin.
4  Economy / Speculation / Re: Is this the end of Bitcoin ? on: August 18, 2018, 04:02:20 AM
many people think this will end soon, but not bitcoin will grow and develop in the future, and everyone will look for it..

I don't think that bitcoin will end this year just because the price was low. Just like what happened last year the price was low and after a few months and the price rises high. Bitcoin will increase again, this is not the end it's beginning and we believe on that price like $20,000. And we're still on the middle of the year and I hope in the incoming few months the price will continue to increase.
5  Bitcoin / Bitcoin Discussion / Re: Is the world ready for cryptocurrency? on: August 17, 2018, 03:44:32 PM
Many people use cryptocurrency and most of them are altcoins and tokens, I think so many people should know how to run it along But learn at the right time

On my opinion I think the world is either ready nor prepairing for the cryptocurrency just like here in my country. There are lots of people and company's here that accepting cryptocurrency these days. But there's also countries that do not accept the existence/presence of cryptocurrency. But I also agree to you that most people use altcoins and tokens.
6  Bitcoin / Bitcoin Discussion / Re: Bitcoin cannot be a global currency on: August 16, 2018, 03:55:06 PM
Technology believers believe that bitcoin is the mission of decentralization, the future of the world currency.


BTC just need, relative scarcity and the manufacturing cost, nature has the price, the price is the fluctuation, as long as access to the securitization in the human history of human use of the most profound institutional invention, the currency is likely to generate huge profits.


You have a lot of money and you have followers. With followers there is a crowd. The masses will naturally divide.


With differentiation, there is naturally a blank majority. Naturally, there are evil men who have been swindled. Nature has its center and leadership.


This is the history of bitcoin's journey along the way, which is why the BTC creator went to the center to turn the government against the pursuit of liberalism.


But on a philosophical basis, technologists are wrong.


The beginning of human birth is said to be monkeys. No government, no center. No money, no inflation. Government is not the product of power, but the government itself is the product of liberalism.


Because freedom must be evil, freedom itself creates chaos, and chaos leads to the pursuit of order, thus freedom produces power and bad power transition to good power.


In the world of BTC, new centralization has begun:


Global mining is concentrated in the hands of a few. The maintenance and development of bitcoin is concentrated in the hands of few digital farmers. The influence of virtual currency is concentrated in the hands of a few big v.


They are the new army, the new bureaucracy, the new emperor. Are these people trustworthy?


The emergence of BTC is a technological advance in the history of human currency. It makes up for the deficiency of the existing monetary system and should also promote the reform of the existing monetary system.


Like insurrection, it is either extinguished or assimilated into the long river of history.

I also hope for bitcoin to be one of the world-renowned currency where it is legal and all countries are into it. But, i think it is better for bitcoin to stay decentralized where governments can not regulate it because it also give us freedom.
7  Bitcoin / Bitcoin Discussion / Re: Most Crypto investors are Cowards on: August 16, 2018, 01:24:21 PM
The answer is just simple, we all are cowards  Smiley. Everyone will like to wake up one day and find out that Btc has reached 50,000. All these people are scared to invest hugely in bitcoin but want to become  Crypto millionaire and Billionaire. You ask them why they are scared and they are like crypto is volatile and so on. This is the time to set the record straight make people realize what they are into. If you are scared then there is no need for you to join this amazing fraternity Smiley.

It is indeed correct what Luffy said, " If you don't take risks, you can not create future." In this kind of world, risks are everything. It is a matter of whether you will take it or not. Take the risks and no matter what, never regret anything for you will learn at the end.
8  Bitcoin / Bitcoin Discussion / Re: Bitcoin or Property? What might be the best investment? on: August 16, 2018, 11:25:37 AM
We had a very interesting discussion over the weekend and people debated if it was better to invest in property or to invest in Bitcoin. The argument was as follows :

1. Most people cannot afford to buy property, so they take a home loan at a Bank. The home loan is paid back with interest and some of these loans are spread out over 20 years to make it affordable to the person who takes out the loan. So, over that 20 years the house of $100 000 will cost you say $1 000 000. {$900 000 paid in interest}

The argument is also that the property has to increase in value, with more than $900 000 for you to say that it was a good investment AND you have to sell that property to get that profit.

2. The other side of the room said it was better to rent a smaller property and to invest the "savings" into something like Bitcoin, because your profit will pay for a bigger deposit or even a whole property in a few years time.

I think paying a high interest rate to a Bank is just as bad as paying rent to a Landlord, because you are getting screwed in both these circumstances.  Angry

We all want to live in big houses that we cannot afford.  Roll Eyes

It is not that tricky. I mean, we can own or produce any property if we have the capability of handling bitcoin. It is just that we need to have patience in bitcoin for it to grow, then whatever you need can be surely provided.
9  Bitcoin / Bitcoin Discussion / Re: Can you stop calling Bitcoin an investment? on: August 16, 2018, 10:15:46 AM
Can you stop calling Bitcoin an investment?

This damages the cryptocurrency. Bitcoin was not created to become an investment. Before Bitcoin, there were some digital currencies years back, the goal was always to be able to create a (digital) currency free from central banks and governments.
Cypherpunks and other anarcho-capitalists are at the origin of this idea, perhaps 20 or 30 years ago. None were intended to make an investment to be rich quickly.
You won't find in the white paper "investing" mentioned, you won't find any post from Satoshi mentioning it

Considering Bitcoin as an investment, this is the reason why we have more and more regulations, G20 summits and others craps, KYC, etc...
The word "Crypto-assets" didn't exist before, why did they create it? Because you even consider it an investment, then why shouldn't they?
Bitcoin could be a lot more accepted and used by now. Why should a merchant agree to be paid in Bitcoin? He wants money, not a piece of your investment.

You're not even investing, you are just gambling with money.
Go to the altcoins board, you will surely find plenty of ICOs where you can say you invested in. I have something for you, ICOs used to raise money are no different than "Crowdfunding". If you want to invest then there are a lot of Crowdfunding websites where you can invest in real startups with fewer risks, (you won't find any project using photos from Pixabay...)

Why don't we see cryptographers anymore? Guess the reasons

No matter how much we use and see bitcoin in different perspectives, it is still one of the most reliable investments and sources of income nowadays. So i think it is safe to say that it is indeed an investment.
10  Bitcoin / Bitcoin Discussion / Re: Will banks ever offer bitcoin deposits? on: August 16, 2018, 08:01:34 AM
We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.

Probably banks have already taken this thought into consideration. It would be a huge step for the bank industry if this will turn into reality.  But of course, i think banks are still hesitant with this idea since bitcoin is rally hard to control.
11  Economy / Speculation / Re: Has Bitcoin reached its goal? on: August 16, 2018, 07:45:36 AM
I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies.  When the altcoin market is examined, it is inextricably linked to the price of Bitcoin.  Where Bitcoin goes, so does the rest of the cryptocurrencies.  There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.

What do you think?  I'd love to hear from some crytpo veterans.





For me, bitcoin is still on its way and I think it will still be very hard since a lot of people are still denying or do not accept bitcoin because of the different negative issues being thrown to it. Still, we are hoping that people will eventually come into realization how worthy bitcoin is.
12  Economy / Economics / Re: What is the best Cryptocurrency to Invest? on: August 16, 2018, 02:51:46 AM
Here's a guide on how to do cryptoinvesting.
 
An excerpt from http://cryptodime.net/how-to-pick-the-best-cryptocurrency-to-invest-a-guidline-to-trading/

If you have decided that you want to jump into this rapidly growing market, then there are some very important things that you need to understand. In this guide, you will learn how to choose the best cryptocurrency investment for you. We will also analyze a few hot currencies, to kickstart your research. Keep in mind that this guide focuses on long-term investing strategies and NOT active trading.
The Best Cryptocurrency to Invest in is…
Anyone who tries to tell you that the “X” cryptocurrency is the absolute best cryptocurrency to invest in, probably has a very large vested interest in it. In reality, there are will mostly likely be several big winners in cryptocurrency. It’s like the dot com boom, where companies like Microsoft, Oracle and Google ultimately became blockbuster investments. But you only made money in those investments, if you understood why they were good investments AND you had a reason to keep those investments for the long term. Otherwise there would have been a big temptation to sell them as soon as you made a little bit of profit. If you don’t understand what a cryptocurrency does or why it’s valuable, then don’t invest in it. Many of these cryptocurrencies are going to be a passing fad.

There will be a select few cryptocurrencies that will be great investments. Bitcoin has already shown us the potential. But the majority of coins will fade into obscurity. Since nobody knows which ones will be huge winners and which ones will be epic fails, we believe that the best investment strategy is to have a portfolio of currencies. Putting all of your eggs into one basket is a recipe for disaster. You don’t have to understand every single technical detail of each currency. However, you should read a lot about a currency that you want to invest in and make a very informed decision.    That is the only way to find the best cryptocurrency investments.



There are alot of cryptocurrencies now but I think you should be more attentive and give more emphasis in investing bitcoin since it is the most credible one.
13  Economy / Economics / Re: Bitcoin can be useful for a troubled economy on: August 15, 2018, 07:39:46 PM
Goldman Sachs: Bitcoin can be useful for a troubled economy

According to the report of Goldman Sachs, Bitcoin and other crypto-currencies can be a good alternative to the national currency for countries with an unstable economy.

 Analysts at Goldman Sachs Zack Pandle and Charles Himmelberg said that digital currencies and, in particular, Bitcoin, can become a viable means of payment in countries where traditional money is not sufficiently provided.

Goldman Sachs experts: crypto-currencies can help the troubled economy



Yes of course and it would be a huge help for the economy. What might be the problem is that yes, we may have a lot of bitcoin users and they are wealthy, but are they willing to help the econmy or just themselves?
14  Economy / Economics / Re: When will people feel comfortable using BTC ? on: August 15, 2018, 06:11:20 PM
When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its outstanding features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy%

I don't really spend much of my Bitcoin , because I am always in fear.
I am not talking about cashing out , but for digital goods.

How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency

I don't know how to make a poll here , so :- http://strawpoll.me/1793917
This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received.

Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency.

EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so.

I think that the best word you are looking for is "perfect". Everyone will surely be amazed and comfortable using bitcoin if it does not have any flaws or its service is on top. But still, bitcoin is not perfect so thinking of having a constant price hike and the security is topnotch, it will make people comfortable.
15  Economy / Economics / Re: Bitcoin and Economy on: August 15, 2018, 04:12:39 PM
We all know that the development of a certain country comes from the taxes of its citizens, and we all know people who engage bitcoin don't pay taxes to the government, what will happen to a country where 80% of its citizens engage in cryptocurrency?

There is a big possibility that this things might happen In the future because bitcoin is growing faster and very known today.



It can really give a bad effect on the economy if and only if people will just focus on cryptocurrencies and leave or do not have the will to have a regular job since they earn in this way. But I think, their earnings will still somehow help the economy in different ways. It is just up to them.
16  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Bounty]Kittoken are giving $600k Worth of token in just 3 weeks! - Softcapped on: August 05, 2018, 07:51:37 AM
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17  Economy / Economics / Re: BITCOIN IS NOT BUBBLE!! on: August 01, 2018, 01:48:47 PM
Today, the Internet World is full of people who are called economists who say bitcoin is a "bubble." they seemed to spread fear, uncertainty, and doubt. They say that the bitcoin high price rally will be a disaster. however, it looks like they just hate cryptocurrency. many of these experts do not fully understand bitcoin.

Bitcoin is special. This is not a company that can lose profitability and fail. This is certainly not a speculative real estate scam that could collapse due to government and bank fraud. Bitcoin is something else. Its value does not increase due to market lies. This is increasing because it is a life-changing financial discovery. This increases as more people adopt it.

Bitcoin also grows as a result of basic economy. Its supply is limited to 21 million units and this certainly makes assets scarce.  If something is scarce and many people want it, then, its value will eventually increase.

So.. Bitcoin is not Bubble!!

Those people who do not really care about bitcoin will stay fool. Bitcoin will stay on its right path and continue growing as well as attracting people so it will never be a bubble.
18  Economy / Economics / Re: Increasing number of celebrities endorsing cryptocurrency on: August 01, 2018, 01:07:55 PM
Former Manchester United and Real Madrid striker Michael Owen is launching a cryptocurrency in his own name, joining other famous sportsmen including Manny Pacquiao in a new venture to connect with fans.

The retired England star announced Wednesday his investment in the Singapore-based Global Crypto Offering Exchange (GCOX) as he unveiled the “Owen Coin”.


http://punchng.com/ex-england-star-michael-owen-to-launch-own-cryptocurrency/amp/



Could this be a booster to cryptocurrency because these celebrities have big influence world wide and could invariably canvass more support for cryptocurrency.

That would make a very good image for bitcoin. Celebrities and bitcoin would mean that bitcoin is reliable and credible.
19  Economy / Economics / Re: Trading Bitcoin for real estate? on: August 01, 2018, 12:41:43 PM
I am wondering how many of you are selling your bitcoins to buy something solid like real estate as backup investment? spread the eggs!

One of the best products of bitcoin and trading. It sure a big help to have a real state property which secures your future.
20  Economy / Economics / Re: Do you think bitcoin redistributes wealth or just makes the wealthy richer? on: August 01, 2018, 12:04:10 PM
Just that... do you think there is any re-distribution effect at all due to bitcoin?

For me, it does help everyone. It gives equal opportunity to everyones to have a better life. So it does not matter to me who gets richer as long as he does not do anything illegal.
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