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221  Economy / Economics / Re: Which one is good, trading or investing? on: November 23, 2017, 10:11:55 AM
Both trading and investment are something which involves risk.As there is a common saying that no pain no gain.You can only earn something in life only if you are ready to take risk in life only the once ready to risk will succeed in life as trading and making investment both involves risk as the market keep changing every now and then so its better to stay safe especially while doing trading one should have clear idea about the market situation and then only be ready for trading because in trading once you loose you will end up having huge loss as compared to investment even if we face loss in investment the market will rise within few days or weeks time so its better to stay in the safer side by making investment on btc instead of trading without having proper knowledge.
222  Economy / Economics / Re: Worst bitcoin decision you've ever made? on: November 23, 2017, 09:48:48 AM
Well the worst btc decision that i have done was not listening to my family member and i was least interested to use btc and i never showed any kind of interest towards btc those days btc was so cheap as compared to as of now and they were lot of ways to get free btc in a day and mining btc was also so easy anybody could do mining at the comfort of their own home personal computer and i felt that it was something stupid to stick on with btc that is the worst decision that i have ever made relating to btc.
223  Economy / Economics / Re: Bitcoin reduces unemployment on: November 23, 2017, 09:27:06 AM
Well as per my view btc is just another form of investment which can be considered to make investment so that you can benefit in limited time period.You don't have to wait for longer to get its profit say for a year you make investment and withdraw also you will get high profit as compared to any means of investment scheme as its profit percentage is huge as compared to anything else.I don't think that btc can reduce unemployment as there are lot of people who are still not aware of what btc is.It cannot be considered as a job or primary source of income.
224  Bitcoin / Bitcoin Discussion / Re: Do you USE your BTC? on: November 23, 2017, 08:48:09 AM
Yes i do use my btc whenever there is some kind of financial emergency which show up and i try to buy back the sold btc as i know the future of btc is really bright and i keep investing on it so that i can get more benefit.I only use my btc investment if there is some unavoidable expense which come up but i try my level best not to touch my btc as the price will cross 10K very soon and i am waiting for the day btc crossing 10K USD. Cheesy
225  Bitcoin / Bitcoin Discussion / Re: Why you should focus more on saving bitcoins than selling your bitcoins on: November 23, 2017, 07:39:07 AM
We should focus more on saving btc rather than selling off your btc as per the current market trend there is chance for the price of the btc to go even higher so it is better to save the btc we have as the price will cross 10K by December as it has already crossed 8K by now.The price of the btc is growing because of the trust built in by the people within in the forum and there isn't much btc to provide for the growing number of investors and its normal for the price to rise even higher so its best to save as much as btc you can.
226  Bitcoin / Bitcoin Discussion / Re: How much risk in bitcoin investement ? on: November 23, 2017, 06:46:50 AM
Well there is risk involved in every kind of investment.Investment is something which involves lot of risk.An investment is normally done with the money which is left out after our savings.Normally everyone does investments with the excess money left out after savings.But in the case of btc there are a lot of people who  sell everything they have and invest in btc as they are sure that they will never end up in loss as the market of btc is running in high profit.Like every investment market btc also has rise and fall in its market value but its hike percentage is more as compared to any kind of investment so its not that risky to make an investment on btc as you won't have to wait for longer period of time to get profit.
227  Bitcoin / Bitcoin Discussion / Re: Unsecured WiFi on: November 19, 2017, 07:40:28 PM
It is never safe to use a public wifi as the person controlling the public wifi will have access to what ever you are using through their network and it is easy for them to get you user name and password and your system will get hacked by the one controlling the public wifi as most of the public wifi's are never safeto use for any kind of personal information or transactions especially when you are using btc it is always best to use your own network so that you don't end up loosing your btc.
228  Economy / Economics / Re: What percentage of people on Earth will own Bitcoin by 2020 on: November 16, 2017, 08:04:29 AM
Well nobody can predict like what percentage of the world can own btc as there isn't sufficient btc available to provide for the entire world population as there is only few btc left for it to get mined family member even missed his 150 BTC as his system crashed and he missed his wallet id and password i think that there will be several case like that and hence those will be still in the wallet as long as it is not being touched or hacked by some hackers and hence those will remain as it is .And now a days its getting more and more harder to mine btc.
229  Economy / Economics / Re: Where do you spend your money from Bitcoin? on: November 16, 2017, 07:36:33 AM
It is personal interest of an individual on what they have to do with the profit they get from the btc as per the current market the once who has made an investment in the beginning of 2017 itself will get huge profit in return of the investment as of now the price is above 7k. If they want they can even make reinvestment of their profit or even cash them out so that they enjoy their profit.But in my case i will only cash out my btc only if there is some kind of emergency.
230  Economy / Economics / Re: Will there ever be a Bitcoin Bank on: November 16, 2017, 07:11:11 AM
May be in future as you said there might come up as something so called bitcoin banks which provide loans like the credit card company but there is already a loan availing feature which is already there in the btc which means you can take bitcoin as loan but the interest will be calculated from the time you take btc as loan i think its interest rate is so high than any other lending service so its better to choose normal credit cards and bank for lending rather than taking loan from btc.As it can only be considered as a best form of crypto currency which is one of the best of investment asset.Some even think crypto exchange as banks.
231  Bitcoin / Bitcoin Discussion / Re: What do you like best about bitcoin? on: November 16, 2017, 06:44:35 AM
There are several best things to say about btc as it one of the best form of investment which does not need any kind of personal information of its user it is a decentralised platform and does not need a third party support to do its transactions.Btc has a bright future for the once who is involved in it as it is never a loss for the investor.One of the best thing is that no goverment or an organization has power over btc.It is being run by a block chain technology.
232  Bitcoin / Bitcoin Discussion / Re: Why is bitcoin the most popular cryptocurrency? on: November 16, 2017, 06:06:41 AM
There are lot of crypto currencies in the market but still btc ranks one among them as its market value is rising in the best as compared to any other crypto even if several crypto currencies came up after the launch of btc .Only btc value is staying high in the market as its value is rising high as compared to it was in the past.And the percentage hike is more than any crypto currency say for example if you invest today in btc and cash it after six months or after a year it will definitely be profit for the investor as it doesn't need much time to grow as compared to other cryptos as btc is one of the oldest cryptocurrency .
233  Economy / Economics / Re: Are cryptocurrencies better than regular currency on: November 16, 2017, 05:08:01 AM
cryptocurrencies are better in the form of investment asset that is what i have felt as it help us to improve our financial status as well as it helps us to grow our wealth.Regular currency can be used in our day to day life.Where as btc cannot be used in our day to day life as it is not something which is being accepted everywhere we go.Where as regular currency is something  which can be used in our day to day life and we can get anything in exchange of regular currency but it not the same in the case of crypto as there are lot of people who are not even aware of its value and benefits more over its value keep changing it is one of the reason it is not accepted everywhere.
234  Other / Off-topic / Re: What's your way of spreading Bitcoin knowledge? on: November 16, 2017, 03:18:59 AM
i don't share much things about btc to others as most of them won't be interested to know about it due to lack of knowledge about it they think its some kind of scam and they only think that they are gonna end loosing their money on it if they invest it.Some even say yes they know everything about it and say its more or like the stock and share market that is if you are lucky you can get profit even i felt the same as the market of the btc doesn't stay the same all the time but i made them understand that btc investment will give them better profit than any other form of investment as its profit percent shows faster than any other investment even if the market go down it will hike faster.
235  Economy / Economics / Re: 1Bitcoin as a gift from someone on: November 16, 2017, 03:00:03 AM
I wish that someone gifted me one btc then i will be the happiest person on this planet i will utilize my btc wisely by making a reinvestment with it.Or i will just keep it as it is and will wait for the market to increase so that i can get more profit and if the market is high i will split and try my luck at the trading.Or if the price of the btc is too high say like 10K i will definitely cash it out. Grin
236  Economy / Service Discussion / Re: STOLEN BITCOINS / HACKED ACCOUNTS on: November 16, 2017, 02:46:25 AM
hard to know about your loss getting 4BTC hacked is not a small thing as per the current market one btc itself is above 7K and its not a small amount to loose what you have invested . And it is not practical  to reverse the transactions as they won't be traces left to find out to which person or account the btc was transferred as btc tech maintain high privacy of its clinets and never keep any kind of personal data of its users so its not at all possible to find out where your btc went its always safe to hold on your btc in offline wallet so that it doesn't get robbed in the future.
237  Other / Off-topic / Re: Are bitcoins only for the educated and knowledgeable people only? on: November 15, 2017, 06:35:13 PM
There is no such rule like btc is meant only for the talent folks and the once with so full of knowledge .Infact btc is a digital form of currency which can be considered as an asset in which we can make an investment which give good returns for its investors even if they don't make an investment for several years.We can get profit out of btc even if we make an investment in btc for a year and later cash them after a year of investment and it also gives huge returns as its profit rate is high as compared to any other forms of investment.Education is never a barrier for investing on btc
238  Other / Beginners & Help / Re: Does Bitcoin work for online shopping? on: November 14, 2017, 02:58:21 PM
Bitcoins doesn't work directly for online shopping.Some time ago the biggest online shopping giant Amazon used to accept btc directly as one of their mode of payment but later they stopped due to some issues like change in the value of btc as the price of the btc doesn't remain the same and it varies from time to time they felt it is not apt for amazon shopping and hence they stopped .But there are several other place in the online market from which you can do online shopping and make payment via btc.
239  Economy / Economics / Re: Massive bitcoin manipulation possible? on: November 14, 2017, 02:20:54 AM
Bitcoin has nothing to with the rich and the poor.I don't think that the rich and powerful people can manipulate the market of btc.Only the investors or the users who hold btc in their wallet has the power to increase or reduce the value of btc depending on the number of btc they are holding say for example if a person is holding 300 btc and is going to sell off all his btc then the price of the btc will crash.
240  Economy / Economics / Re: Can Bitcoin End World Poverty? on: November 10, 2017, 04:09:07 PM
Yes i think it can end the poverty but i am not sure whether it can end the poverty of the entire world as there isn't sufficient bitcoins created to provide supply for the whole world there is only limited number of btc created which is not sufficient for the entire world.I can only say that it can make people rich if they make investment on it or if they try to earn btc and cash them out they can become rich or can improve their financial status if more btc are created in the future it can help the world end its poverty.
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