Latest posts of: Harrisonimo

Quote from: googlerankspecialist on December 14, 2017, 03:33:36 PM

What would you do if Saturday Morning you wake up and Bitcoin Price Drops to 0.89 cents?
Also I would love too hear opinions on what would it take for something like that to happen.
I imagine President Trump would have to outlaw bitcoin or something of that magnitude at this
point right Huh

or even better What would you do if Bitcoin Skyrockets too 2,5 million USD per Bitcoin Shocked

HOLY CHIP!!! I would Buy my own Island and make myself The king and have hundreds of children with my hundreds of wives
because I would immediately divorce This one definitely trade her in for someone who doesn't talk so much blah blah blah .....
and is always moving my damm shoes Angry

IF I PUT MY SHOES SOMEWHERE I WANT TO FIND THEM THERE IF I WANTED THEM IN THE CLOSET I WOULD PUT THEM THERE

In life, I learnt that one should prepare for the worst as much as one is expecting the best. At this point where the price value of bitcoin has gone over the moon; beyond analyst's projection, the only thing that is imminent is change. And I do want to believe that anyone who is quite experienced of what the market is and has made huge profit from this bitcoin price height will not be caught off guard! You must have transfered most profit made to other ventures to be safe. Smiles... As regards your projection if 1 bitcoin equals 2.5M$, hmmn... That will be way out of this world!

Quote from: Bitcoin Guy on June 15, 2017, 01:43:36 PM

Yahoo was the first (?) search engine at the time when Internet started. It was the pioneer in its field. In the late 90's its market cap reached to a high closed to $120B. Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.

After 22 years, Verizon bought it for $4.8B. Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?

What do you think? Please provide your reason(s) to support your view.

Quite a remarkable point to note here; and with point historical facts. The Bitcoin growth has been quite sporadic and I for one have had the several thought of a coin that will be introduced to lighten the strength/growth of Bitcoin. The other counterpart; the ethereum that should be growing in a corresponding rate is no where close to it. Just as the introduction of google to the market and somehow with new innovative ideas, they stole the market from yahoo, it is quite possible to have a coin that will outshine the bitcoins. We await this earnestly.

Quote from: timcheerful1 on December 09, 2017, 01:44:18 PM

Can Bitcoin be ban?

Bitcoin can be restrained and it is under ban in some countries; inhibiting its growth spread in the countries. I read of a guy who said the government banned bitcoin and terminated the affiliation bitcoins have with d banks. The growth restriction is only temporary and will definitely go beyond the country's controls. And maybe if bitcoin/ Cryptocurrency is being tampered with, it can affect its flow and growth. But as for now, it is growing like a fire; unstoppable.

Quote from: NeonFlash on November 01, 2017, 04:00:41 PM

Bitcoin has been awesome and will always be awesome. We, who have been involved in Bitcoin since the very early days understand this very well. However, for the laymen, for the people who don't really understand the technical aspects of Bitcoin or those who only watch the mainstream media are skeptic about Bitcoin. Since, all they hear in the News is how Bitcoin can be used for illegal activities and how it offers complete anonymity (common misconception) to people to do what they need on Internet.

Have you ever convinced or encouraged anyone to invest in Bitcoin and did you have success? Of course, since we know that we are giving a good advice, so we would usually advice our own family members or friends about this.

In the past few months, I encouraged some of my friends to invest in Bitcoin. They had a lot of questions about it from technical perspective and I helped them understand. They invested in Bitcoin and are very happy with the returns. And now this information propagates and more people will get involved in Bitcoin.

In my humble opinion, as a Bitcoin enthusiast, we can help understand people the positive aspects of Bitcoin. The price of Bitcoin is still in the very initial stages and those of us who really understand what Bitcoin offers, know that Bitcoin Price is only 1/10th of what it's worth right now.

What are the most common responses you get from laymen about investing in Bitcoin?

Some popular ones I receive are:

1. "Oh, it's already too expensive, I cannot afford to buy it."
2. "The governments don't regulate it, why should I invest in it?"
3. "It's an illegal currency and only cyber criminals use it."
4. "What backs up Bitcoin? For example US Dollar is backed by Trust (all time favorite response Cheesy

), but what backs up Bitcoin?"
5. "The market is way too volatile to invest."
6. "You can't really use Bitcoin as a currency."

A lot of excuses and fears as to people having their genuine reservations on investing in Bitcoins; fears due to previous experiences they had in ponzi. Whichever reasons they hold on to, I do try not to over push it by being persistent. If I do a first and second time and d person isn't forthcoming, I just withdraw and avoid pestering which can lead an abuse. But a better way of convincing is to show results of your earnings via walkers and how easily you can sell it to have your fiats.

Quote from: rockyshala on November 09, 2017, 12:24:27 PM

This is crazy! https://cryptodaily.co.uk/2017/11/google-results-show-people-searching-bitcoin-gold/

As crazy as it seems to be, it has and is becoming a reality. The survey conducted and results gotten shows that Bitcoin adoption is increasing and also adaption is being ignited. Google is the first to come to mind when people want to get information from the net. As a lot are coming into the Cryptocurrency world, they will definitely go in search of Cryptocurrency and Bitcoins. And bitcoins is a base Cryptocurrency of all the digital currencies.

Bitcoin is not an illegal way of earning just as assumed by your parents. The government in particular that are afraid of legalizing it must have some deep reasons to not legalizing its operations. Now, if government is going as far as putting a penalty to its use, then it is a real limitation. This means you will not be able to make transfers to your bank and meaning no withdrawal to have physical cash. Let your parents get on the internet to get more information to convince them but really, this will not matter so long the government of your country still prohibit the use of cryptocurrency.

Just like someone did ask what the prospect of this btcx version of Bitcoin over the others. I did say time will tell and the extra works put on by the team for sustenance and maintenance.

The bitcoin being a savior has been worth it and proven with clear results worldwide. Money is now being made available to citizens without the interference or control of the government's participation. When you are able to make a source of income when all other means have been shut and no hope seems forth coming, the opportunities being made available on the blockchain is just being gradually unfolded and the earnings are now really worth the while with payment results.

Quote from: squatz1 on November 14, 2017, 01:07:15 AM

Does anyone on here think that there is ever going to be Bitcoin Bank, be it something which is centralized or something which isn't really doesn't matter. But I'd think of this as a company, or a union (like one of those credit union banks) where loans would be given out to people with trust, money is held, and so on and so forth.

I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.

The idea of Cryptocurrency/blockchain is decentralization; also meaning you are not reporting to any power or authority that has rule over your Cryptocurrency. The use of Cryptocurrency banks I can say has been indirectly existing; your Bitcoin wallet is your bank somewhat way and they are also doing some functions of the fiat banks too. As much as the wallets don't report to any higher authority and discretion and secured identity of Users are being kept well.

Quote from: Hydrogen on December 08, 2017, 10:59:08 PM

Steam dropped bitcoin support citing "high volatility" as a motive.

When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing?

If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad?

Where does the idea of high volatility being an unnecessary evil come from?

Are there good arguments or evidence which support the concept of high volatility being a negative circumstance?

In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction?

Huh

The high volatility rate of Bitcoin has made it also unique overtime; when it goes up it is sharp and when it dips, it is sharp too. The price change has been really drastic and worthy of note. The major argument or evidence which supports the concept of high volatility is the rate at which bitcoin is being adopted; high influx of traders/users of Bitcoin over other coins. The negative circumstance of the volatility; when it dips can be quite disheartening. So, better to keep oneself prepared.

Quote from: Glorious04 on September 07, 2017, 09:03:02 PM

If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?

It will be the best investment gift ever. A real leverage into the world of Cryptocurrency business. The gift will surely be used to venture and explore other opportunities in the Cryptocurrency world. Selling off won't be an option. ICOs to buy into will be a good place to start with and also with various lending platforms too. Also, if the price of bitcoin will still be growing, then retaining the bitcoin value is good except one wants to have a particular fiat value as reserve.

Quote from: CEJ on March 07, 2017, 06:52:52 AM

Nowadays many people are starting to invest money on bitcoin or the buy bitcoin..is this a good approach?
How this will influence us in future?

Well, those who have used their money to invest in Bitcoins then will definitely be in more money now; depending on what has been invested. Money is being used to get money in this aspect though there are other means without the use of your cash but just engaging in digital marketing. Investing in Bitcoin has definitely paid off and ending well with this year 2017; setting a ground breaking record of fiats value height attained. If you are still thinking of joining, it is never too late to participate.

Quote from: Justin Biebers on December 11, 2017, 08:21:01 PM

We are entering in the new type of economy where price predictions are not possible any more because productivity and prosperity of humanity will rise to the new golden age level. Bitcoin will go to 1 million dollars in 2018 and is being used by central banks as a global stardard ledger - dollar will fade slowly those who buy now will become the new wealthy elite.

Let the game begin! It has really being a surprising year of new grounds broken in the Cryptocurrency and into the fiat world! It is fastly encroaching and subtly taking over the fiat world. It has started changing the looks of things and if left alone, things and all things will definitely change as it is gradually transforming. But the price hitting 1million dollars next year is somewhat not realistic because checks are coming in place to do a regulation on the blockchain of Cryptocurrency.