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161  Economy / Economics / Re: How do I get bitcoin? on: December 22, 2017, 09:25:52 AM
Well this is a most common doubt by everyone who is new here.All want to know easy way on how to get bitcoins.Making an investment on bitcoin is one easy way to get bitcoin if you have money just make an investment on it.There are ways to earn bitcoin but it require lot of hard work and knowledge one should be dedicated to it to work with bitcoins as the person should be more creative and an innovate person with high creativity.
162  Bitcoin / Bitcoin Discussion / Re: Does any bank accept Bitcoin? on: December 22, 2017, 07:49:14 AM
As of my knowledge so far i have no idea about any banks in my country which accepts bitcoins.And don't think that there will be banks which will accept bitcoins in future as the banks always ask for personal information where as bitcoins provide high end privacy of its users and don't  provide any kind of personal information of the sender and the receiver and hence banks accepting bitcoins is not something practical .As most of the banks see bitcoins as a threat for them as more people are getting interested on bitcoins and they are investing on btc and the banks think that they will loose clients.
163  Bitcoin / Bitcoin Discussion / Re: What impresses you the most about Bitcoin? on: December 21, 2017, 09:33:48 AM
There are a lot of things about bitcoin tech which impress me some of them are like it is a decentralized platform which maintain high end privacy of its user it does not need any kind of personal information to make transaction from one end to the other part of the world . we don't need a third party support to make transactions from one part of the world the other.There is no tax for holding bitcoins and it gives us full freedom of our own investment.The market value is growing faster is another factor which impress me.
164  Economy / Speculation / Re: Bicoin price on: December 21, 2017, 08:31:54 AM
It is normal in every market for the price of the market value to go up and down same way the price of the btc also goes down but it does not stay low like the other markets the market value of btc grows faster than any market situation and its value growth is very fast as compared to other markets and it doesn't need much time to recover the growth is so fast while comparing with the other forms of investment as you can see for yourself how the market has grown.
165  Bitcoin / Bitcoin Discussion / Re: Bitcoin or Bitcoin Cash - What is the future bitcoin on: December 20, 2017, 05:03:22 PM
There is nothing much to think whether it is bitcoin  or bitcoin cash as you can see the market value of bitcoin is growing and it will continue to grow where as bitcoin cash is something which will also continue to grow but i don't think that it has a future ahead even though bitcoin cash is one of the good investment form it is not something which can be said as something which is far better than bitcoin there is no doubt that bitcoin is the best digital currency and it will definitely continue to grow.
166  Bitcoin / Bitcoin Discussion / Re: Who’s Satoshi Nakamoto? on: December 14, 2017, 02:03:10 PM
Satoshi Nakamoto is the user name of the creator of this great invention called bitcoins which created a great revolution in the history of digital currency .Some time ago an Australian Entrepreneur named Craig Wright showed up to the BBC that he is the real Satoshi Nakamoto but that time nobody was ready to believe him and they asked him for evidence to prove that he is the creator and he did not show up any proof relating that he is Satoshi I believe that he is the real satoshi as he as far as my knowledge he build that bitcoins during the time of recession it took him so much time to create this blockchain technology I believe that he has created this on his own or with a group .These are the things which i came to know about Satoshi.I am not 100 percent sure on how far the information is true. Anyways great work by the creator of this btc. Hats off to the real creator. Cool
167  Bitcoin / Bitcoin Discussion / Re: Why are so many devoted to Bitcoin vs other cryptos? on: December 14, 2017, 01:49:56 PM
Well so many people are devoted on bitcoins as compared to other alt coins and lite coins the answer is simple btc is the only digital currency which is ranking high in the market value and its market rate is pumping higher than any of the crypto currencies hence its normal for people to be devoted toward something which has higher value and something which gives them huge profit its normal human tendency to make an investment on something with huge returns.
168  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin really secure? on: December 14, 2017, 01:28:59 PM
Bitcoins are really safe form of investment nobody can hack the bitcoins directly from the blockchain tec but they hack the bitcoins which are in online wallet as most of the online wallets are not safe to store bitcoins.The best and safest wallet are offline wallets which cannot be hacked by the hackers as we can save the wallet details as offline in our own system or on paper based anyway the hackers won’t have idea on who all are involved with btc and hence there is low change for your system to get hacked. Government cannot ban btc as the government won’t have an idea who holding how many btc and they won’t even know for what purpose the transactions are made.
169  Economy / Economics / Re: why bitcoin is so much special than others currency ? on: December 14, 2017, 12:10:31 PM
Bitcoin is special as compared to other currency’s as you   all know that btc doesn’t have a physical form like other currencies.It can be used world wide,btc is something which is in the digital form it can be considered as a crypto currency as well as one of the best investment form which give huge amount of profit as compared to any means of investment as per the current market trend btc is the leading investment with high percentage of profit generation in limited time period.Btc even thought it is a currency its value keeps growing faster .So it can be said as such a special form of currency.
170  Economy / Economics / Re: Bitcoin reduces unemployment on: December 14, 2017, 10:52:53 AM
I don’t think that btc can reduce unemployment.Some of my friends also think alike as it can reduce.I  strongly disagree with the statement that it can reduce unemployment as it doesn’t bring in a regular income to be said as something which can help us get rid of unemployment.Where as it can only be considered as something which provide an extra income along with our regular job or an income which can be made in our free time say like a secondary source of income and not something as primary income source as its income is not stable it all depends on your membership rank and how much you earn .
171  Economy / Economics / Re: BTC as a national currency? on: December 14, 2017, 10:28:48 AM
I don’t like the idea of btc becoming the national currency of a country.If it become national currency how are we going to get its benefits how will there be profit for the investors  who has already made investment in it more over there isn’t sufficient bitcoins available to provide for the entire population .More over btc is not something which is not affordable by everyone as per the current market situation it has become more difficult for everyone to buy btc. I disagree with the statement btc becoming national currency .
172  Economy / Economics / Re: The dream of getting rich with bitcoins on: December 14, 2017, 09:36:21 AM
Anyone can dream to get rich as dream is just at thought process which is free of cost getting rich with btc is not something which is easy.As of the current market rate its not that easy to buy one btc as compared to the rate of the past.The lucky once who invested and bought lot of btc in the past and the once holding them till date will be the once who became rich and not the once who are going to invest now because if we want to invest and buy btc we have to pay above 17K USD to buy a btc so the future investor will have to wait for sometime to get rich.
173  Bitcoin / Bitcoin Discussion / Re: will people lose intrest? on: December 14, 2017, 07:03:31 AM
i don't think that people will loose interest on bitcoins even if bitcoin die as there are several other alternative crypto currencies in the market which will come to light which are next in line of the market value after bitcoins they are as follows Litecoin , Ethereum , Zcash, Dash, Ripple, Monero. These currencies will have more value if btc dies a and i don't think that people will lose interest as crypto currencies are something which gives everyone more profit than anything else.Moreover i feel that this question is foolish for you to ask because bitcoins won't die so fast as it will take ages for the last coin to get mined and the market of btc will continue to grow.
174  Bitcoin / Bitcoin Discussion / Re: I need an opinion on rejecting a job offer or crypto on: December 14, 2017, 06:35:43 AM
As per my view it is always better to have a stable job rather than just sticking on with just bitcoins.Its okay if you are super rich or have your own business or any other source of income which is sufficient to look after your family.If 1000 USD is a big amount in your country then i would suggest you better take that job opportunity rather than just sticking on with bitcoins as btc doesn't give you a regular income.It can only be considered as a secondary source of income or a great means of investment.
175  Economy / Economics / Re: Would bitcoin help teach kids about saving? on: December 14, 2017, 06:25:03 AM
It is a good thing for you to teach your kids/cousins about bitcoins they might get interested on it as there is nobody in this planet earth who doesn't want to earn profit and if you make the picture more clear about bitcoins and its market value they might show up more interest on bitcoins and will start to save money as well as try hard to earn them as you already know how to earn bitcoins so just teach them on how to earn bitcoins and they will also learn to earn money instead on spending on unwanted things.
176  Bitcoin / Bitcoin Discussion / Re: Does Social Media Influence bitcoin growth? on: December 14, 2017, 06:15:50 AM
The social media also plays a key role for the growth of bitcoins. As most of the people in the world came to know about bitcoins through social media networks .There are several online campaigns which plays a key role for the growth of bitcoins there will be social media campaigns conducted on twitter ,facebook ,Linkedin  and so on it goes.There are even several vlogs related to bitcoins which has played a vital role for the growth of bitcoins and hence it is proven that social media has played an important role for its growth.BTC would have never been this popular if it was not been supported by social media .
177  Bitcoin / Bitcoin Discussion / Re: Am i late to buy bitcoin now ?? on: December 14, 2017, 04:55:55 AM
Buddy you should have stayed alert while gambling with bitcoins.Nothing is promised when you gamble whether it is in the case of btc or what ever it may be . One should never do gambling if they are not ready to loose what they have as its normal in the case of gambling that you will either win a jackpot or loose whatever  you hold so no point in regretting after loosing on gamble.Now with you 1500 USD you can buy at least 0.09 BTC as of the current rate. As you can see the price keeps changing its risky if you invest now and the price go down then it will be a loss for you but even if the price dropped from 17K to 16K USD i feel there is chance for the price to cross 20K so i don't think even if you now rather than making an investment after the price cross 20K USD.
178  Bitcoin / Bitcoin Discussion / Re: If i send my bitcoins to a wrong address, what happens? on: December 14, 2017, 04:29:06 AM
If you send your bitcoins to a wrong address.You will end up loosing your bitcoins to a total stranger.It will be a lucky day for the one who receive your bitcoins even if it was send as a mistake it will be like them winning a jackpot without spending cash for the jackpot they have won and it is not possible for you to reverse your bitcoin transactions.I hope in future something might come up so that you can cancel the transaction atleast within ten minutes after the transaction.
179  Economy / Economics / Re: Why we should fear a cashless world on: December 13, 2017, 06:02:07 PM
Now a days government is trying to bring in a cashless world for the society as they want to monitor each and every transactions that is taking place.Yes i agree with your statement that it is going to affect the people living in the low class society and small business as they will be more comfortable with real life cash and cashless society will be causing them a huge loss as we all know if we deposit money in the bank the bank will normally take banking charges for each and every reason they will charge us for making transactions as well as for availing various banking features like the electronic card and we will even get a penalty if we don't maintain sufficient funds and its gonna be a threat for the poor people .Where as in the case of btc investment it is never going to be threat for anyone as it is not going to charge any penalty or service charges like the banks.
180  Economy / Economics / Re: popularity of bitcoin dictates demand, means more profit on: December 13, 2017, 05:17:59 PM
Yes i agree with the statment that more the popular btc becomes.The demand for btc will also increase and hence it will be more profitable for the investors of btc because when more people show interest to buy in and hence the market rate of the btc will continue to grow and the people holding on with their bitcoins will have more profit.Now a days btc has become a sensational news update in every country and hence there is more chance for the price to go even higher.
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