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101  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: July 14, 2016, 02:04:03 AM
Banks won't just dissappear they will just adapt as they always have.
Many banks are already openly exploring ways to use the blockchain technology to further their own development.

They may have to start offering much better rates if more and more people move to using bitcoin but that will take a big change for that to happen in western countries, people have just trusted and relied on them for too long now.

People will need both wallets and banks in my opinion, Bitcoin is needing a long time to being used worldwide as first global currency instead fiat, and banks will help to advertise it by exchange the coins to other currencies.
If there is any adoption in banking side on bitcoins means then possible to work on banking side as well. But completely disappear banking.
102  Economy / Economics / Re: Bitcoin or gold? on: July 14, 2016, 01:56:21 AM
i choose the bitcoins, you will need is to online and express your idea, not like a gold to earn this you need to be a miners, just kidding how i can afford the gold if i have no money, while if i online and express my idea to other i can earn income in bitcoins, also i agree that the bitcoins is a digital gold. so what are we waiting for lets go and go to bitcoins eveyday. im happy to be part of this network.

Bitcoins is not yet universally accepted, many countries are not willing to regulate the bitcoins because of which there is lack of trust towards bitcoins. For the time being its better to invest large money in gold and less money on bitcoins, just to be on safer side.
103  Other / Off-topic / Re: Would you like to receive your salary in BTC? on: July 14, 2016, 01:50:28 AM
recieving salary is good to one who want to save it for near future , if you dont want to save it you can easyly exchange it to fiat so if it will no happen idont think that it would be a problem.

Yeah Definitely would like to receive my salary in BTC. I convert my salary to bitcoins anyway usually. So if I just receive my salary in bitcoins then it would cut out the middle exchanger and make it a lot easier.
104  Other / Off-topic / Re: Are you buying bitcoins? Why? on: July 13, 2016, 06:08:43 PM
I think buying bitcoins now is still profitable because the fact is that there is gonna be a price increase very soon.
The halving will also let the price rise so you will always gain profit soon or later by buying them now.

I am buying bitcoin when the price drops, then i'll wait until the price rise again and then sell it for some profit.
Otherwise, i'll buy it if i'm desperate to buy something that could only be paid by bitcoin.
105  Economy / Service Discussion / Re: Dark marketplaces? on: July 13, 2016, 06:00:23 PM
The OFFICIAL Tor website has a full tutorial on how to setup a dark website. Or you could Google "how to set up a dark website" like I did and find 10 tutorials right away.

I don't have any sites, but c'mon, this can't be a serious question.

It is better if you aren't going to start out a dark web because you are just going to put yourself in trouble.
 There are a lot of hackers and scammers in the dark web.
And you could be a victim or one of it.


There are many dark marketplaces now around this time and the reason is also that Bitcoin is getting more popular so they can also earn now more money. But the bad thing is now that you can buy now easily a gun or something and that is quite bad for all of us.
106  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: July 13, 2016, 05:46:00 PM
It wont be accepted as a global currency until some regulations are made. But digital currencies will be the future but not very soon as we expect. Bitcoin will force governments to take digital currency right away.


If that is possible and you also can see now already that there are now more people that is using it and that there are also more stores that is accepting it.
But you have to also know that there will be a lot of people that must have to know to use Bitcoin and get to know about it.

107  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: July 13, 2016, 05:42:37 PM
For now my plan is to collect more bitcoins in my wallet and i will sell it in when i see a reasonable hike in price. I think after few months i will sell all my bitcoins and make a huge profit. This is the best way and the easiest way to do to be rich in the future. .

My plan to get rich with bitcoin would probably to set investment, have trading and do negotiation. Besides that when my earnings get bigger I want to buy everything that I need but this is all for basic needs if I have excess money then I 'll go other things.
108  Other / Off-topic / Re: Earning a living with bitcoin? on: July 13, 2016, 05:32:40 PM
Well not exactly but yes up to some extent I am earning living with bitcoin. I cover my few expenses from my job salary and few expenses from bitcoins. I earn bitcoins from trading crypto currencies or trading digital goods such as domain name and eventually I convert earnings in bitcoin.
We are earning good at a moment from bitcoin but not the best as it cannot take care of us and our family, if you have a responsibility of family then you need to earn descent amount of coins regularly.

Initially you can earn with faucets, at the same time go through the discussions. This will help you get a good learning about the digital currencies. So now when you get into signature campaigns it would be more easier for you than beginning with signature campaign.

109  Economy / Trading Discussion / Re: Best Investments on: July 13, 2016, 05:26:26 PM
The best investments that you can make is that you can just make an investment in Bitcoin and that is will be very good in the future.
But you never know what will happen of course with the value and that is the problem. But we will see for what is going to happen in the future.
110  Economy / Speculation / Re: Bitcoin in 2020 on: July 13, 2016, 05:23:47 PM
Back In previous years Bitcoin gradually increase there are times the price goes down then suddenly rises up. The price would be unpredictable as the time goes by but I'm sure that the price of this coin is only going up and many of us would benefit us all.


Bitcoin is a currency and you never know what will happen and that is the problem.
I hope there will be more people later in the future that can have also some Bitcoin, and the most important is that Bitcoin must exist in 2020.
111  Economy / Speculation / Re: BTC to 5000$ soon on: July 13, 2016, 05:00:33 PM
The price is not going to be $5000 anytime soon know because we have not reached a thousand Dollar for a while now.
I think that we first have to hit that before we can go any higher then that.

Yeah bitcoin is struggling to achieve the price of $1k since long time, so $5k is something to think out of the box at a moment, majority of users will be satisfied to see $1k price.

5000 dollars is perfectly on the realistic outcome of the resolution of the hard fork crisis + halving + more good news. Once that is done, we will see a massive increase in trust therefore in price.
112  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: July 13, 2016, 04:55:23 PM
There's no guarantee about the price of Bitcoin on that day you expected but for me Bitcoin has the potential to increase as you see on the market how this coin rises it's value every year passes.


If you have 1 bitcoin today I think that will be a awesome think maybe in 50 years bitcoin can be 5.000 dollars and having or collecting more bitcoins I think you can retire with it.
113  Bitcoin / Bitcoin Discussion / Re: What's stopping people from using bitcoin? on: July 13, 2016, 04:50:37 PM
As bitcoin is completely anonymous and decentralized more users think that bitcoin is used for illegal activities. On this basis people avoid it and stand away from it, though it has highest price than any other currency that have existed.
Every currency is used for both legal and illegal purposes. It depend on the activity and the people. At times for legal works, money is used for illegal purposes. It  does not require government's authority. It does not happen only with BTC.


I believe is that lack of places to spend bitcoin, In my country i can hardly buy anything from bitcoin, mostly i can just store and exchange and nothing beyond that. If i could live without fiat i would do that, but only thing stopping me from using it is unavailability to spend. I blame this on media and governments. From media we get that everything can be hacked, and we all know the governments part.
114  Bitcoin / Bitcoin Discussion / Re: what happens to Bitcoin if internet goes down? on: July 11, 2016, 05:46:16 PM
if internet goes down then bitcoin also breakdown because bitcoin is totally depend on internet but  i think internet can not go down because nowadays  technology is much more advance in the world and internet will never goes down now in modern age .

I don't think that will not happen, but if it will happen than many people will not be happy and that is very bad. Because there are people that is depended  on Bitcoin.
But the chance is very small to happen that and that good. But we will see, but the chance is almost impossible.
115  Economy / Economics / Re: Where did you first heard about Bitcoins? on: July 11, 2016, 05:36:20 PM
My father told me about new currency when he red some news but i was not in good mood this day and just ignored, later my friend told me about it and i started use it.
I read that mostly members are here who listen about bitcoin to anyone, but my situation is different from others. Actually where i am here a huge people don't know about bitcoin, and i saw a video in YouTube and by chance i saw it and than i used it and i realized, it is best so i am here in bitcointalk and use it in investment.   

My family is not much into bitcoin but i have some friends who are into all king of new things.
Even bitcoin. They told me i should try it for sending money and within a few times i really was engaged in bitcoin.

Fore sure the best choice of my life.

Majority of the people are into bitcoins as our friend recommended to us, one of my friend was working on signature campaign and earning weekly in the form of bitcoins and that attracted me towards start investing into it.
116  Other / Off-topic / Re: What do you do with your btc? on: July 11, 2016, 05:33:21 PM
I always convert them into fiat whenever i had .1btc but im holding now but im gonna convert this 7-8days from now coz im expecting the delivery of my new phone from that date.
i doubt that it is really good to sell your bitcoins because in my opinion the price is going to go up really fast soon, im just putting it to my cold storage and waiting for bigger price
Yup thats great, hold and waiting for bigger price, same as me.
Don't be quick to sell, because you probably get a bigger price in the next day.

Saving will be now the best thing that you must do and that is because you already can see now that you can earn some profit soon maybe and that should be perfect.
But of course it is really hard to predict for what is going to happen with the value but that is just the risks that you should take.
117  Economy / Economics / Re: Should I believe in Bitcoin ? on: July 11, 2016, 04:43:53 PM
I personally believe in bitcion. It has brought me a lot to my life including a good name. When money is earned and all the required things are fulfilled you get a food name from surroundings.

Bitcoin you just need to believe it and wait for the right time, as it is one of the components in getting with bitcoin. The time, time is used also as an investment to bitcoin. That's why people are getting more and more as the time goes by and adopting bitcoins to their sources.
118  Other / Off-topic / Re: How do I make money with $100 USD BTC on: July 11, 2016, 04:40:27 PM

You are right, that is really the best way for that. Trading is the only investment that you can make money with that $100.
For sure you are going to make good profit from it if you are just able to study it very well how things work there.

Yeah 100$ is an affordable amount to do trading as well to involve into other possible methods of earning. There are lots of available source to invest and earn with very minimal amount less than $100 but increased time period is required.
119  Economy / Marketplace / Re: where can i invest my 1btc? on: July 11, 2016, 04:36:48 PM
Maybe into a gambling website? Most sites are in profit and I personally think it's safe to an extent as house wins majority of the time.

I think investing it in the gambling website is not a good choice at all. But it depends on you if you are already a high risk taker.
But if not, you can try to trade your 1 bitcoin in yobit.net

There has been many different ideas or systematic ways presented in here so hopping you wont get confused on it as long as you understand how that particular investments works then the final decision is in your hands.  If until now you haven't made a choice due to the fact that all systematic ideas presented to you can all be applicable you can try it all by dividing your 1 btc in small amounts per type of investments then run it.
120  Economy / Speculation / Re: how much gonna be 1 BTC in a year? on: July 11, 2016, 03:46:09 PM
Nobody knows nor is anyone to make a realistic prediction. The problem these days is that the whales got the total market in their control
They can do anything with the price, which makes it hard to predict the price.

From Now my prediction would be $1,000. Yes it is quite high I know, but with the constant use of the people that could be possible. My turning factor here is the upcoming halving, many have expected an abrupt increase in value of bitcoins as it will be hard to mine that time comes and of course the demand is increasing so it is high. Basing on the law of supply and demand, that would be close to my projection...
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