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441  Economy / Economics / Re: Bitcoin or gold? on: April 17, 2017, 04:46:34 PM
I don't have any gold or Bitcoins in my possession, as I am facing a lot of financial difficulties right now. I was born in to a poor family, and my parents could never afford any gold. But for me, the priorities are clear. I prefer BTC to gold.

Everyone has problems in their lives and not all are born rich so instead of crying for being poor you should try to work hard and start making money from all the opportunities that come across you so in future you don't have to say that I am still poor.
442  Economy / Economics / Re: where should i invest my 0.5 btc ? on: April 17, 2017, 04:44:17 PM
investments in altcoins is very good, and that's the best invesment at the moment. You can find information some coins are good for investment, such as ETH, and others.
good luck Smiley
i would also suggest buy eth and wait for few year if you are not in hurry and if you are then you can do eth or altcoin trading trading but it need lot of patience and consume a lot time.

Its good to divide those funds in eth and xmr and wait for the price rise as depending only on single coin to make profits can be risky and also very time consuming so its good to divide funds in multiple altcoins to get more profits.
443  Economy / Economics / Re: Tell me a secret: any way to earn 0.1 BTC per week? on: April 17, 2017, 04:38:59 PM
I don't think that there can be any secret in earning money the only thing you need to do is to work hard and find the multiple sources of income but I believe that the best way to earn that amount on weekly basis is through trading altcoins.
If you read the OP he stated that he wants some advice to earn 0.1 btc and about secrets in earnings actually there are some secrets to earn you just have to search it to find out

Even if someone knows the secret on one will  prefer to disclose it hear and will keep it private as no one wants that other should know about their secrets of earning money so if you want to know the secrets then you have to search it on your own.

I agree with you, if someone must have a secret to earn 0.1 BTC per week he or she would not just tell anyone or share it in a forum like this his secret that easily. He might share it with a friend but he should be close with that person to be able to trust him with that secret. Anyways, earning that amount of bitcoin must not be easy if ever this is possible. There are many ways to earn bitcoin but a huge earning like that must have come with big effort and hard work.



For sure no one will disclose their secret of earning bitcoins as if I have any method to double my coins in quick time then I will definitely like to keep it secret as no one wants that others should get benefits from their methods of earnings.
444  Bitcoin / Bitcoin Discussion / Re: Number of Bitcoin users. on: April 17, 2017, 04:37:02 PM
Recently, a comprehensive cyrpto currency study was conducted by the university of cambridge.Although,it has revealed various aspects of bitcoin such as total number of wallets used,number of unique users of crypto currency wallets,but finally they have said that it is impossible to know precisely how many people use crypto currency.What do you think? Can we atleast get an approximate number of  total Bitcoin users world wide?

It is possible to get the precise number of bitcoin users if ever all the users are using a bitcoin wallet services that are collecting some personal information from a certain user for verification purposes such as IDs or bank account or whatsoever but this case wouldn't be in favor of the users .

Really? I guess not, it is impossible to see the exact volume of users of bitcoin in the way you are suggesting. There are a lot of bitcoin wallet out there and some uses off line wallet which is not I guess counted on what you are suggesting.

And for sure an individual can make a multiple bitcoin wallet account so how can you get precise number there? Its almost an impossible query to sort out as we are highly unlike to get the accurate results.

Yes its impossible to predict the exact number of users using bitcoins as most of the users have multiple wallets to store their bitcoins so in that case it will be very hard to find the exact percentage of users involved in bitcoins.
445  Bitcoin / Bitcoin Discussion / Re: how strong is bitcoin really? on: April 17, 2017, 04:34:23 PM
The whole concept of cryptocurrencies is to make the best way possible to secure the transfer and ownership of money. Of course, there are several levels of security, when you are talking about in the way you access your BTC. (Hot/Cold) wallets, paper wallets, hardware wallets, exchanges, all have good/bad features. Use them wisely.
There is no system that is perfect, therefore hacking could be possible and they are preventing this hacks by improving their
security from time to time. Most of the target of hacks are exchanges but people are more wiser now due to experience, they
do not put their money in one wallet, they diversify it.

I don't even bother hodling anymore...just spend it immediately. Minimal risk that way.
That's right but looking at the growth and future of bitcoins I think we should also save some of them for future as if price goes higher in coming years then it will give us good amount of money if we have saved good amount of bitcoins.
It's good to save but save what you can afford only, there is a big potential the value will increase and if you are willing
to bet on that potential, you should start investing now. What good with bitcoin is the return is awesome, you are guaranteed
a minimum of 100% a year if you invest based on trend only.

That's right and bitcoin is getting stronger and stronger day by day so if we can hold it for a long term then I think we can afford to invest in it even at current rate as the price in next year would be surely higher then what we are seeing at a moment.
446  Bitcoin / Bitcoin Discussion / Re: Daily use of bitcoin? on: April 17, 2017, 04:32:37 PM
well i pay to my helpers all the time using bitcoin and nobody minds the 20-30 minutes of approvles as we know its an important part of the process so i dont see the issue

So are you paying your employees in bitcoins? And what kind of help they do for you its a great to know that your employees agreed to get paid in bitcoins and delay in confirmation is not a big deal as finally people are getting money in their wallet and that is more important.
447  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin money? on: April 17, 2017, 04:28:25 PM
In my view, the question " is Bitcoin money ? " same like this question " is Gold money ? ".
Yes gold and Bitcoin is a treasure of precious that can serve as a means of payment,
But both is not real money. Bitcoin and gold has value precious which we can exchange it for real money.

If you can exchange to real money then its also an form of money but gold cannot be used for online shopping like bitcoin and even bitcoin can be exchanged directly to your bank account so bitcoin holds more features to treat it a money in compare to gold.
448  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: April 17, 2017, 04:26:45 PM
There are many sources to earn bitcoins generally most of the people are earning it from trading and gambling and those who are satisfied with limited earnings are doing it easily from signature campaign so it will depend on a person that how fast he wants to earn bitcoins.
449  Bitcoin / Bitcoin Discussion / Re: Great way to make Bitcoin! on: April 17, 2017, 04:25:09 PM
Anything other than signature campaigns and gambling.


A bit saved is a bit earned. So save your money by not clicking on any of the signatures of the people posting in this thread.
You can do trading altcoins its one way to make bitcoin trading is the other alternate way to get bitcoin easily and signature campaign and gambling are great too. But this 3 are most great way to make and earn bitcoin.

Trading altcoins and signature campaign seems to be the best ways to earn bitcoins as one will grow your coins in quick time and the other will give you fixed and steady income in bitcoins but don't rely on gambling to make bitcoins as its most risky way to make bitcoins.
Get Bitcoin from the Signature campaign it was fun, because it is free, without need for capital.
I always used the results of the payment of signature campaign into trading, We get free Bitcoin
then trade it in altcoins at Poloniex or Bittrex. I think it's the best way than other to make Bitcoin.
Yes that is the best ways to get bitcoins as if you have good knowledge of trading then it can give you regular returns and also help you in growing your coins and signature campaign is the easiest way to earn bitcoins.
Hmm, for me trading is the easiest way to get bitcoin. can I get 0.1BTC a few minutes of trade, while to get 0.1 in the signature campaign is sometimes require 1 month. so in my opinion about the way that it is easy for everyone is different.

Earning from signature campaign is a time consuming as you will be earning only a limited amount of bitcoin and as of now there is no campaign that will pay you 0.1 btc in a week so if you want to earn that amount quickly then trading is the key to get there.
450  Bitcoin / Bitcoin Discussion / Re: Difference between Bitcoin and real money? on: April 17, 2017, 04:22:22 PM
There are lot many differences between btc and paper money,
But biggest one is bitcoin is decentralized and its full supported by its market. It is great to have that kind of money in this age.

I agree with this, being decentralize of bitcoin is the best difference of it to fiat or money, which makes bitcoin so unique and trying to beat by other coins Cheesy . Also the support of the people of earning it is so different to real one.
Also, Bitcoin cannot to forged or corrupted as happened on fiat money.
Although for now the Bitcoin has yet to gain the trust of all countries to adopt this as
official currency like fiat money now, but I think Bitcoin is better than fiat money in this century.

Exactly, I really like what you have said or posted that bitcoin cannot be corrupted. I guess this is what we really need, it is not easily be hack ad steal by others like in fiat, easily as snapped Smiley

Yes its not easy to hack or steal bitcoins from your wallet as they are very much sitting safe there and the other benefit of having bitcoins is that you can carry any amount of bitcoins in your wallet and no one will be aware about it.

Bitcoin is really safe for all of us, if it is dangerous, it's the way you use it. Because bitcoin has a very secure transaction and storage system in offline wallets, however, if you use some dirty web sites, they will probably attach the virus there, and it will infiltrate the device. There are a lot of different viruses, but they will surely lose your entire money.

That's why there's a need to secure our address and pins as much as possible it is only you who opens and monitored it, Research the most active and used wallet that offers security and doesn't have high fees.

Electrum wallet is the best place to store your bitcoins as it has some really great safety features that keeps your bitcoins really safe in your wallet and there is also an option to add higher fees while sending bitcoins which will help in getting transaction confirm faster.
451  Bitcoin / Bitcoin Discussion / Re: How to make governments accept bitcoin? on: April 17, 2017, 04:20:26 PM
I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?
Maybe some person introduce bitcoin to Governments so they can search it and review it if theres ok to them that bitcoin are good for our country or not. They should study it well before they will do a decision.

You mean to say that Governments are not aware about the concept of bitcoins? Governments are very smart and very well know about the bitcoin but not ready to accept it publically as they know that it can be a threat to their financial system.
452  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin on: April 17, 2017, 04:18:32 PM
I always believed that later the price rose up and always go up, even if you later certainly the price will fall down because time and time again to change back the original again his price.
you're right, definitely the longer bitcoin prices will be higher. it has been proven if you look back. first bitcoin prices are very low, currently the price is so high. and I feel that the price of bitcoin will not stop here. the price will definitely go up in the near future. is likely to exceed $ 1,300 or even higher.

1300 will be achieve in next couple of months but I am very much interested to see that when it touches the price of $1500 as most of the users are holding their coins so that they can sell when the price reaches there in order to make huge profits.
453  Bitcoin / Bitcoin Discussion / Re: Does any bank accept Bitcoin? on: April 17, 2017, 04:16:30 PM
I think it would be very difficult for banks to accept bitcoin, because basically, the bank is a government program that is legal. bitcoin does not include transaction or investment instrument that is legal or illegal. but, I think it would be good if there are banks that accept bitcoin, because it will be easy access for users bitcoin, to turn Fiat into a bitcoin.

In my thinking, we all have no clear answers that banks accept bitcoins or not. Because someday ago, my friend told me that in some countries some banks accept bitcoins. But i am not sure it is true or not, also if it is happening than it is good for bitcoin's users.
Yes I agreed that it will be very hard for the bank to accept bitcoin and I don't believed that there is bank who accept bitcoin as their mode of payment.  But i doubt that there is bank declared bitcoin as their currency payment.
It was already declared as payment system but not a legal currency, it's a bridge for faster transaction but still it is subject to the
law of the government and there is no way it will be the same essence as legal currency is.

Government has not given a legal status to bitcoins at a moment and I doubt that it will ever happen in future as Government will always support their national currency and will not allow bitcoins to hit the mainstream and replace their fiat currency.

Only a few countries banned bitcoin, in addition, bitcoin completely free in other countries around the world. It is not controlled by anyone, completely free and completely free from law. Accepting bitcoin is a sure thing to happen in the future, but it depends a lot on how much it affects the economy of a country. If bitcoin causes bad effects, it will surely be eliminated, but what I found is really nice now, bitcoin is enriching for everyone.

We are really lucky that bitcoin is not banned in our countries and we can use it earn it very easily and lets hope that we will find many physical places where we would be able to spend our bitcoins directly to buy anything.
454  Bitcoin / Bitcoin Discussion / Re: It's freaking 2017 - Do you own 1 BTC? on: April 17, 2017, 04:14:32 PM
No I don't have 1 btc yet and I am falling short with little amount and that I am expecting to get by next week from trading as I have invested in some good coins and  hoping that their price will rise in next couple of days which will help me in reaching to 1 btc.
455  Bitcoin / Bitcoin Discussion / Re: What would happen if BTC was Banned? on: April 17, 2017, 04:12:48 PM
If they will ban BTC then it would be more fun, amigo!
just like weed and coke in my country... the more you make em illegal, the more they get exciting.

But seriously, nothings gonna change, right? we are and we will always be anonymous... so let those "governfools" be fools.

To some extent, these are the correct words. Now there are too many active users of bitcoin and the ban will not prevent them from using this currency.

Yeah even if bitcoin gets banned in future people will continue to use it and earn it and find the ways to spend them or convert them to fiat currency so I don' think that people will completely stop using bitcoins even if it gets banned in future.
456  Bitcoin / Bitcoin Discussion / Re: How many ways are there to earn bitcoins? on: April 17, 2017, 04:10:34 PM
Don't forget to add that you can apply yourself as a freelancer. It's like the usual way of being a freelancer, you will work for the same work load as the normal freelancers got. But you are going to get paid with bitcoin that's the only difference on it. And for the possible jobs, you can try to visit xbtfreelancer.com for the listings.

Yes there are many freelancers sites at a moment that are paying in bitcoins so if you have good set of skills then you can make really good amount of bitcoins from it and it can also be a permanent income for you apart from your day job.
457  Bitcoin / Bitcoin Discussion / Re: How do you store your bitcoins? on: April 17, 2017, 04:06:46 PM
I store in both paper wallet and online wallet.
Good man, decent choices. If you don't already have them, I recommend making multiple copies of your paper wallet, depending on how much you have stored on it. As for the online wallet, that's a good choice for actively using them.

--

I'm currently using a mix of blockchain.info's wallet and a desktop wallet I have on an external drive. Not sure if I have enough copies of the desktop wallet (2 separate USBs), but hopefully I won't experience anything that destroys either copy.
Well, I keep bitcoin I get only on blockchain, and I think it's very safe for the moment. but, I have another wallet for another coin. so I have two purses, and both I think it's very safe.

Its better to store bitcoins in multiple wallets instead of keeping them at a single place as if anything goes wrong with the wallet then you will loose everything so its always good to save bitcoins in different wallets and offline wallets would be much better choice.
458  Bitcoin / Bitcoin Discussion / Re: I'm doing a study on Bitcoin on: April 17, 2017, 04:04:45 PM
Does anyone know of any research into how much and what % of revenue businesses are receiving in Bitcoin?

One of the main barriers to worldwide adoption of Bitcoin is that many people don't see the tangible benefit. This study hopes to show the bottom-line benefit that businesses are getting.


Thank you for all your suggestions. I have now created the survey:


Does your company accept Bitcoin? If so, please complete the below survey and share it to ensure we get the most reliable data. It's currently taking 4:51mins on average to complete 8-)

https://valueofbitcoinstudy.typeform.com/to/rw6P82


If anyone has any suggestions for where best to share the survey that would be much appreciated.

It can't be deny that bitcoin now is really developed and progress. However even bitcoin is popular in some of the country there are still people doesn't yet what bitcoin is really all about. Athough, bitcoin can be use most of the time in our daily lives.

Bitcoin is gaining popularity slowly and steadily so even if people are not aware about it at a moment its not a big issue as things will change in coming years when bitcoin will gain attention from all the people around the globe.
459  Economy / Economics / Re: Investing money on bitcoin..! on: April 17, 2017, 11:10:35 AM
The existence of the bitcoin made many people interested in making the investment, a lot of evidence that we can get an advantage over 100% within 1 year. I'm glad, because 1 year ago I bought 3 btc price of $300 and I never sell until the price is now $1200.

You have already made great profits in one year's time by holding them so I would suggest you to hold your bitcoins even longer as in future it will be worth more and it can give you some extra ordinary profits and if you have some excess money then you invest in it even now.
460  Economy / Economics / Re: Tell me your predictions about Bitcoin on: April 17, 2017, 11:07:34 AM
What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?
Mostly problems bitcoin problems would might face in future 5 years is ofcourse technicality issues on system.Yeah bitcoins is been living in the industry for a long time but it may still experience technical failures in system or the whole network
I think that issue will be fixed for next couple of years and every time bitcoin faces some problems the operators will find ways to fixed it immediately that why bitcoin was continuous doing great to serves all users and we always see the good progress every year passed. And we are hoping that in the coming years would be much better, would gives us more profit and would be stable of its price in higher level.

The higher price of bitcoins will depend on the demand and if demand goes higher then it will automatically take price to higher level and that is surely possible as even now we are seeing that price is rising slowly and steadily which will continue even in future.
yeah when demand increase then price also increase and when demand decrease price will be also decrease and we know that bitcoin demand is very much high because bitcoin price is too much high.

We saw a small drop in the price as of today but that's not a big deal as price will surely rise in coming days and it will go much higher at the end of the year so I am expecting the price around $2000 by the end of the year.
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