Bitcoin Forum
April 18, 2024, 12:57:27 PM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 [31] 32 33 »
601  Bitcoin / Bitcoin Discussion / Re: is it risky to turn all my money to bitcoins? on: October 26, 2017, 03:10:54 AM
It is risky if you don't know anything about it and you didn't secure your wallet/account. Hackers are very intelligent nowadays. They can detect if you have any bitcoin. It is wonderful to engage it crypto but you must be careful.
Well I know some of the rich people in my country or in simple word you can say they are billionaire and they investment a very huge of amount in bitcoin and believe the way they got a profit from it I can’t tell you now they buy a lot of properties and now they increase their money and businesses so I believe that bitcoin is totally safe and sound for investment.
602  Bitcoin / Bitcoin Discussion / Re: Criminality and Bitcoin on: October 25, 2017, 03:55:32 AM
Yes, bitcoin is helping the criminality.
We have to change some things on I think. More regulation will help bitcoin.


well shoes do, too. and knives. and telephones. every technology can be abused. where did the idea come from that a new technology should not be able to get abused? that is impossible.

regulate what? the (possible) criminal use of bitcoin? that is already regulated because it is illegal . the lawful use? why regulate that?

That is so true mate! Smiley Even fiat money that is regulated are subject to illegal use by criminals. Therefore, there is no way for us to be certain that once bitcoin will be regulated it will be free from criminal abuse.
well i think the number one reason why people do  crime is  the money ,poverty, i think bitcoin can really help to minus crime in reall life because bitcoin really gives an opportunity to the people without any requirement.maybe people did not commet crime if they saw that there are other simple way of making profit such us investing and trading bitcoin or maybe in joining signature campaign that was really a good contribution of bitcoin to the economics crisis it can really helps provide income to those ordinary people by then i think the crime will getting low.

Maybe, but I sort of doubt it. The people that are capable of doing signature campaign knows how to speak in English and that skill alone gives you some good choices for a day job with the proper training by the company itself. There are even jobs that only require you to know how to speak in English relatively well. I think that the people that commit crime are not necessarily those type of people. People know their worth and their skills. I think most of the people that commit crime are the people that are uneducated. They have no other choice but to commit crime in order to make money and they know for themselves that they lack the skill to change their lives. You're dumb, what are you going to do to make real money? You kill, you snatch from people, you steal from people. You basically have no choice because all you can offer is the physical part of you. You are lacking the intelligence or knowledge to be an employee that pays really well.

I think that bitcoin has opened up a door of opportunities for a lot of people. But it's not for everyone because some people are not able to digest the ideology of bitcoin.
Well I think there are two aspects of everything good and bad it depend on a person either he want to use it for bad thing or for bad things I will give you an example of internet it can be used for good things or in simple words you can say internet is full of knowledge but if you want to use it for bad things you can use it so it’s simple bitcoin can also be used for bad things but we need to use it for good things.
603  Bitcoin / Bitcoin Discussion / Re: Are We Dead Without China? on: October 25, 2017, 03:31:40 AM
I think btc could power through a china dropout. It would cause a pretty big panic but with Bitcoin becoming global over the last few years, china doesn't hold a majority percentage anymore. If you would have asked that question 2 or 3 years ago my answer would be very different.
No chance and even I can’t happen that bitcoin can die without china because bitcoin is now accepted by many countries and recently bitcoin is arrived in Thailand and some other countries are going to accept bitcoin end of the year bitcoin is now reached in single part of the world and its users are increased then last year so bitcoin don’t need china.
604  Bitcoin / Bitcoin Discussion / Re: What's your biggest regret about bitcoin on: October 25, 2017, 03:18:12 AM
I don't have any regrets in bitcoin but I am thankful instead. I am thankful in a way that it helps me financially.I am.using my bitcoins in sending money to my family and pay my bills. So no regrets , just thankful.
I also do not have any regret. although I missed a lot of good chances for making good money, but I think chances always comes and go I should keep prepare myself for the next chance, because bitcoin is always giving us good chances to make money and hopefully that it will  continue for a long long time.

You're lucky guys clearly. I have a big regret. Before BCH fork, I didn't buy bitcoin for $1.800 and it jumped to $3.000 after 10 days from that day. I was gonna buy 2 bitcoins, this means I missed $2.400 pure profit.

Me, my biggest regret is when I withdraw all my earned btc in our local currency. That time I almost earned 3 btc. Years passed when I always think of it I regret what I did before. The value of 3 btc can buy a real state now in our country. Anyway, Lets just moved on. Good thing is its never too late to earned bitcoin and surely will get profit in the near future.
Well I have a regret that why I join bitcoin too late my all friends have almost two years here in this forum and I have only six months they told me to join it as soon as possible but I join late in these two years my friends have a lot of things now even one of them he started a business and second one he bought a new house so this is the regret that why I join late.
605  Bitcoin / Bitcoin Discussion / Re: What happens when bitcoins are lost on: October 25, 2017, 03:05:34 AM
When you loses wallet, it has the effect of removing money out of circulation. Lost bitcoins still remain in the block chain just like any other bitcoins. However, lost bitcoins remain dormant forever because there is no way for anybody to find the private key(s) that would allow them to be spent again. Because of the law of supply and demand, when fewer bitcoins are available, the ones that are left will be in higher demand and increase in value to compensate.

This is one of the disadvantages of the bitcoin that it will going to stay forever in the block chain and gone if we lost our private keys therefore we should to take care of our keys to avoid this thing to happen unlike fiat that even the owner will lost or dead still the physical money exist and it can be use by the charities. We just hope that block chain specialist could do a programs in which it can trace the inactive or floating wallets to recover it like what they do in SegWit programs.
because the average owner of a bitcoin purse in which it contains bitcoin would not have allowed his private key to be known to others, as they would be safe, their passwords, one way of avoiding bitcoin to be stak, is to have an associated heir personal key data of bitcoin wallet.
Well I think it’s a million dollar question for all users of bitcoin if bitcoin lost but I think bitcoin is a digital currency and everyone know how to deal and keep save his money bitcoin cannot be lost as for as believe because I believe bitcoin is the modern technology and there will be alternate of encase of lost because there are a lot of good qualities in bitcoin that can help us.
606  Economy / Speculation / Re: What do you think ? Bitcoin is going to hit big value soon like 7000$ and more ? on: October 24, 2017, 03:50:07 AM
Well sure it will increase for sure, Nothing can stop it.  Bitcoin can touch 7000$ and i heard in December the price would be 1000$ or plus.
i am not a prediction giving person but i believe it may be happen because the price along with volume is constantly increasing and not dropping.

Many will say that there is this and that factor which causing the price rise but for me only thing is the trust of people in bitcoins which is making it rise so high.

Yes its true there is no doubt that bitcoin can reached to his highest part but we don’t know exact price because it a digital currency and currency price is always related with trade so if the trade is good so the price will be high so always we can expect a good price when the trade it strong and good but I’m sure that the price will go high.
607  Bitcoin / Bitcoin Discussion / Re: When will banks start a war against bitcoin on: October 24, 2017, 03:35:47 AM
Nobody will not start war, people was using banks till bitcoin came and they will use them, because banks have the most powerful defence for their clients, u can save there money and put them for %, bitcoins is like a black money, both system getting unbelievable profit and nobody dont want to loose their reputation.
Yes you are right since bitcoin come to market since from that day till now people are still using banks and bitcoin is not going to do something wrong that bank can start a war against bitcoin is not an enemy that bank can start a war it’s a friend of human beings and as well as it’s a friend of any country so we need to support bitcoin.
608  Bitcoin / Bitcoin Discussion / Re: The reason why I hate BITCOIN on: October 24, 2017, 03:24:49 AM
I'm not an ungrateful person nor am I a jealous type who wouldn't promote bitcoin just because someone else has more of bitcoins than I do and me promoting bitcoin would benefit others more than myself. Bitcoin has given me a new income opportunity and bitcoin has made my life easier than it was before so hating bitcoin is beyond my imagination, I can't hate it I love it. Of course some of the altcoins are good too and they have the potential to earn me good money but that doesn't mean I should hate bitcoin, no I don't and I can't even think of hating bitcoin.
I agree with you there will no one who will hate from bitcoin because bitcoin is going to help humanity and its going to play a big role in economy of any country people are going to support bitcoin and they really love bitcoin because bitcoin provided different ways for source of income and I think Its one of the cryptocurrency which is with high price.
609  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin Die Because of China? on: October 22, 2017, 08:16:17 AM
yes,china is a major contributor towards mining of bitcoin, if china banned the process it definitely create huge impact on market,but bitcoin will not end because  of this.other countries are also there who contributes toward it,it will surely take time for other countries to match the level but slowly bitcoin will gain its value again.developing countries like  India,bangladesh and can provide low cost resources.
No  it’s not true that bitcoin can die without china because bitcoin is recently arrived in Thailand and the quantity of countries are going to increase day by day bitcoin don’t care about china because some countries already legalized bitcoin and now bitcoin is very strong and power full currency around the world with high price so no more china.
610  Bitcoin / Bitcoin Discussion / Re: What would happen if BTC was Banned? on: October 22, 2017, 07:53:52 AM
That is not possible, Bitcoin will not be banned forever. Day by day Bitcoin is getting accepted in many online platforms, A lot of multinational companies already has accepted Bitcoin as a payment tool. some countries have allowed it as a legal currency so that Bitcoin will last for a long time.
Well first of all I think it’s not possible because bitcoin is now accepted by countries and in some countries its already legalized so it’s out of question that bitcoin can be banned and I think in case bitcoin become banned so it will effect investors, traders and thousands of people who are working here as well as it will disturb the economy of country too.
611  Economy / Speculation / Re: BTC price will go down? on: October 22, 2017, 07:35:07 AM
Theory

I think because many people are buying now BTC due to "free money" the schedule to be at November ( BTC GOLD ) I believe that its price should go down because many people also transfer there funds from altcoin to bitcoin
And it good time to buy altcoin ( maybe wait even a bit longer )

What do you think?

Probably it will going down but in a slight margin only but not because of due to altcoins or BTC gold but simply because some people still afraid to risk their coin in which they are afraid about the segwit2X outcome, that they want to be sure that their starting investment would be safe if they will just sell their bitcoin to ensure that their money capital will be back safely.
No chance bitcoin price can go down because bitcoin is now arrived in Thailand which is good thing for bitcoin and day by day its users are going to increase so when demand is going high so the price will also go high there are always misconception about bitcoin that the price will go down which is not good that good thing is check the price on daily base by yourself.
612  Economy / Speculation / Re: Do you check Bitcoin price everyday? on: October 22, 2017, 07:23:14 AM
Yes,i too check bitcoin price early.I use preev.com to check its price.Being an active bitcoin enthusiast,i check its price daily to decide what steps to be further taken,either to hold or sell my bitcoins or to invest in altcoins.

Its really exciting to see bitcoin price rising in the early morning.Long term holders may not find it useful to check the price every day,but active traders would be checking it daily and also newbies,who often get panic on seeing bitcoin's price falling would definitely check it daily as they would be restless until they check its price frequently.
I sometimes check bitcoin price because I have lots of work to do in the house. As a youngest I need to work hard because I only live with my siblings in the house so despite of being busy, I make time to check bitcoin price. I checked the price yesterday and it bubbles up for the last 5 days after checking that time. I was really surprised that it keeps on pumping higher and higher almost every week. I wish that it continues to grow because I have to use the money for my check up and other expenses. Anyhow, I'm thankful still with bitcoin.
Yes I also check the price of bitcoin every day because it’s very important that you must know about the price of bitcoin if don’t know about the price of bitcoin you can lose your money so keep your eyes on market that where is the price I’m investor and I’m always going to check bitcoin price because I want to get profit from my investment.
613  Bitcoin / Bitcoin Discussion / Re: How to explain bitcoin to teenagers or children on: October 21, 2017, 06:38:50 AM
omg! it is difficult to explain. because every people who didn't know about bitcoin is cant believe easy. alots of things need to do and also alots of proof.
Well in my opinion teenagers can also understand easily about bitcoin although they will not understand economics, trade or some other things about bitcoin but at least we can tell them that what is bitcoin and how it work and how bitcoin can play a role in their future because it’s a digital currency and it can also help them in their education.
614  Bitcoin / Bitcoin Discussion / Re: Do you keep buying? on: October 21, 2017, 06:21:22 AM
Bitcoin price keeps increasing. Price is x10 considering last year. Even 25k-50k-100k is predicted.

Are you adding more bitcoin by buying with cash? or you trade or invest in ICOs & altcoins in order to increase the amount you have?

or do you just hold what you have?

I'm adding more bitcoin on my wallet but by buying it with cash just an earning from PTC sites, Gambling sites and on signature campaign.

I'm also trade some of my bitcoin on bittrex trying to earn by buying and selling of alts.

I just hold the remaining bitcoin on my wallet and let it grow there.

Appropriate calculations to regulate all long-term investments that will generate substantial profits in the future Wink

Its advisable still to add, though personally i can t afford the price amymore so i probably will just hold on to what i currently have and wait for a dip. With the current price anyways i'm already in profit so no pressure for me
A dump will happen, but is not now. The price of Bitcoin are rasing up by the FOMO of many traders and this FOMO is not small as other FOMO normal of altcoin market. You can see the price of Bitcoin has recovered few hundreds dollar just in few hours, nothing can does that Grin
Yes I agree with you this a right time to keep buying bitcoins because end of the year is coming and it happen with me last year because last year at the end price go very high and this year again the price will go high because in this year bitcoin users are very high then last year investors, trader are also increase so keep buying bitcoin the price is going high.
615  Economy / Economics / Re: Should I stop Buying BTC? on: October 20, 2017, 08:49:12 AM
Why stop buying bitcoin though ? If I were you, I will keep buying bitcoin because the price keep raising. It's like an investment for in the future, buy bitcoin right now and sell it in the future and enjoy your profit. I think the price can reach up to $7k soon.
Yes I agree with we still need to buy bitcoin because now a days the price is little down and it’s a very good time for all investors to keep buy bitcoins because I am sure end of the year the price will go high so then that will be the right time to sell and they can get a good profit from it I am also buying bitcoins now a days and I am sure it will give me a good profit.
616  Economy / Economics / Re: New rich people thanks to BTC on: October 20, 2017, 08:30:08 AM
YEs they should be, as we seen btc price has increased drastically after hard fork.
Now a day it is easy to become rich from bitcoins.
but only those people become rich from btc who has patience and strategy to become a billionaire, I know the person who became rich because of btc.

indeed people who want to be patient and try to certainly can succeed with bitcoin.
because the bitcoin takes a long time and sometimes retreats, so we must have full patience.
Yes I agree with you they should be because when there was no bitcoin so people were facing a lot of issues regarding finance so when bitcoin come to market it really change a life of people around the world and still it’s going to provide good services to the people I know a lot of my friends whose lives have been changed just because of bitcoin including me so I must say thinks to bitcoin.
617  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: October 20, 2017, 08:16:34 AM
Prior to when i was beginning in this BTC group, my colleagues informed me to conserve some BTC and I failed to understand what for. I am just conserving it for no purpose since i never evidently comprehend what is the goal of it, and then suddenly i started to comprehend tiny by tiny that i obtained rewards from saving as properly.

Saving is always an good habit either in fiat or in bitcoin but the fact is if you save bitcoins for very long time then you will get best results in long term as the price of bitcoin keeps on appreciating which is not possible with fiat and if you have saved your bitcoins from year or a two you will understand the importance of saving and in future your holding value keeps on increasing depending on the price of bitcoins.
Yes I agree with you saving is good habit and that’s what I am doing it forum a long time I always buy bitcoin when the price is low and then I am waiting for the right time when the time come so I sell all my bitcoins and it really give me a good profit because bitcoin price is high in my country and specially when bitcoin price become high so then it’s too high in my country.
618  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: October 19, 2017, 07:58:33 AM
If I answer you no then I'll be lying. Even though my hope is for us to see 1 btc equivalent to 1 btc some day with the price of fiat mean nothing to us, the current movement of the price still gives us the indication in how well accepted btc is and its demand. I do agree with your reasoning but until the I will still closely follow the btc price movement.



Yes the price of bitcoin really matters.the higher the price of bitcoin the bigger earnings you can get.if you want to save money then you can save a lot,if you also wanted to invest you can invest alot if you have plenty of bitcoin as of this time because bitcoin now is very high price
Yes of course the price of bitcoin does matter all the investors can be suffer from the price if the price become stable it’s not good for bitcoin if its go high it can help to people around the world but if the price go down and will not go high so I think bitcoin will loss his value in market so I think price is very important not only for bitcoin but for any other currency as well.
619  Economy / Economics / Re: Bitcoin successfully defeated China on: October 18, 2017, 05:51:14 AM
I'm quite sure China will come around because they have all it takes - name it, cheap electricity, population, enough icos. They won't like to be left out from the benefits of bitcoin. I'm thinking they would come back stronger and trying to regulate  or license whatever is happening in there jurisdiction as appertaining bitcoin and altcoins.
The bans on icos and exchanges were never about money, it was about controlling their citizens and even more importantly their money, they do not want to lose grip in their country and bitcoin allows the people of China to move their money freely and the Chinese government was terrified about this and that is why you have seen so many actions taken in the last days and weeks.
Yes there is no doubt that bitcoin defeat china and I heard that china want to bring back bitcoin when china banned bitcoin so some other develop countries accepted bitcoin and other countries are trying to accept bitcoin and if we see the price of bitcoin its also good then before and day by day his users are going to increase which is a good thing for bitcoin.
620  Economy / Economics / Re: How to double your money using BTC? on: October 17, 2017, 05:13:52 AM
One of the ways to double our money using BTC is the long term investment with this type of investment the possibility to double the money is 90-100% because bitcoin has the potential and it will grow and grow in the coming years.
I agree with your opinion, because if viewed from the graph of price movement bitcoin very potential to be a promising investment media compared with other investment media.

to double your money in bitcoin need a long time. better put it in altcoin because of the potential increased 100% faster and even within 1 day can increase 50-100%.
 
I agree to that. Altcoins are even more volatile than bitcoin in terms of price so it is easy to tell that you can easily grow your bitcoin into getting a doubled amount of value in terms of fiat rather than just holding your bitcoin or money in bitcoin. Keep doing research to find more feedbacks or opinions if which is the best to put our money and you will see that there is a higher portion of people that will prefer altcoin in terms doubling our money.
Well, altcoin is a good choice for us to double our money but the most important thing is that we need a choice and an accurate prediction, and want to do this, we will need a lot of experience and good analytical skills, it is not simple and not everyone can succeed. I think it is better to focus on bitcoin trading, buy low and sell high, it is simple and quite safe, and it does not require us too much skill and experience, this is a job that requires patience, although time doubling money may be longer but much safer
Yes its true we need to focus on trade because what I am doing here I am going to check bitcoin price every day because when I come to know that the price is low so I buy bitcoins and when the price go high then I sell it out and I make my money double so that’s the easy and good way to double your money but you must be expert in dealing of trade.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 [31] 32 33 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!