Bitcoin Forum
June 13, 2021, 06:07:47 AM *
News: Latest Bitcoin Core release: 0.21.1 [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 »
1  Economy / Economics / Re: Do you think bitcoin gold value will rise to bitcoin value on: October 29, 2017, 11:43:53 PM
Do you think bitcoin gold value will rise to bitcoin value
It will be hard for bitcoin gold. Bitcoin's market value is not reached in just a short period of time. It took years and if Bitcoin gold will ever reach its market value now, surely, by that time, Bitcoin's value will be more expensive and due to the fact that no coin from segwit2x have matched with Bitcoin in all aspects, namely Bitcoin cash.
Well it is not so easy, not only for bitcoin gold but even for any other altcoin to reach to the price of bitcoin.  Bitcoin is in fact the mother of all currencies and that is not such an easy job for any altcoin to compete with bitcoin. In fact bitcoin i still the first choice of the people and still people like to invest their money here, which is really making bitcoin more stronger.
2  Economy / Economics / Re: What will happen if we use a one currency only? on: October 29, 2017, 07:36:22 PM
That means practically to cancel trading, which will have as a result many people to loose interest in cryptos. Also, that means that there will be no diversity in anyone's portfolio with a result the economy to stabilize at some point and stay neutral. Also, the one coin will turn to be controlled easier by governments.
There are disadvantage and advantages of having one currency the simplest advantage is the transaction cost of every ordinary people  visiting from country to country and beyond will be lessen and i think the disadvantage is that every country will based its currency value with the economics status of one's country i think there is a conflict that's need to be dig up for the super power country and the third world country.
Yes good and bad aspects are always there for everything. But i think that if we start using one kind of currency, for which we are already struggling in form of bitcoin i am sure that it will have more advantage. I think in present modern time, it is much more important to have a single currency throughout the world and where we do not feel any need for changing it into fiat or any other currency.
3  Economy / Gambling discussion / Re: return as soon as possible and win back your losses . on: October 28, 2017, 11:04:14 PM
We all can lose in gambling  and lose our money but shall we stop or try to win back what we lost ?

This is a very dangerous mentality one that can lead you on being a problem gambler if not properly handled and if you let emotions get off and move your decisions based on your emotions. WInning is good but it should never because you want to take your lost money as that way youíll end up loaing more
It is really a very dangerous mentality. Winning back losses has ended up making a whole lot of people wrecked till date cause if you cannot control yourself, you will keep wanting to play that huge game to see if you can quickly recover all you must have lost in the past until you keep losing everything over and over again.

I recently had 18 streaks of losses on playing dice on LO, but those are the crazy parts of the game, and if losses cannot be stomached, then no one should even bother gambling when you know the possibilities of you loosing is high.

Yes I agree that we shouldn't try to win back what we had lost in the previous bet that we make if you are betting, take out to your mind what you have previously lose because it can surely make you want to try and get that have been gone, I think it is good to have your mind set like that, because you can not do that winning is not consistent in gambling and you just need let it go,

Actually,  it is not a necessary action to do after losing from a gambling game.  It is not necessary to recover what has been loss because if we are going to  based it from real experiences,  most of them will say that it will only make the amount bigger.  Trying to win back will most likely lead to loss again.  So if I were in that place,  I am not going to force myself.
Yes I agree with you. One should try his best to return to the game by winning his lost money and gambling is such an addiction that if you lost some money you will keen to win backs your lost money on any cost. I think gambling needs a lot of skills and techniques how to play and how to win and without proper skills I suggest not to gamble and not to lose your hard earn money so easily.
4  Bitcoin / Bitcoin Discussion / Re: Will bitcoin end? on: October 28, 2017, 10:36:18 PM
Bitcoin right now keeps on increasing its value, and many more cryptocurrencies are occurring.
Do you think someday bitcoin will end or will be replace by other cryptocurrencies?

Is it too late to invest?
Is there a chance that bitcoin will be down?

Every beginning has an ending. So I think it may end but it is not the time. It sill end if there's a people will against about bitcoin. But in these days bitcoin keeps increasing so I think that bitcoin still last until century years. Many people now discovers it so it may the population be bigger.
Yes when the world end, because I am sure that bitcoin will remain in use till the end of the world and from before the ending of the world it is not possible that bitcoin will end because the people all over the world are investing and they are using their bitcoin for their daily needs, so how bitcoin will end when all the people will start using it. bitcoin is a currency and the currency will never end.
5  Economy / Economics / Re: Bitcoin has Arrived in Thailand..... on: October 28, 2017, 09:17:12 PM
Thailand is a wonderfull place for tourism lol i like bitcoin started to be accepted in thailand. I will visit thailand soon . I miss thai ladies lol
I am happy you have confessed why you missed Thailand. Grin Never been to Thailand though but I have heard some pretty good things (tour related). However, with this bitcoin development, it will be a good thing for them and also help welcome tourists. With so many debit card projects coming up now to aid cryptocurrency transaction, I am pretty sure, it will make bitcoin and the crypto world more interesting.
I really appreciate this step of Thailand. If Thailand has started accepting bitcoin as their legal and regular currency he will also be the family member of the other bitcoin user countries like Vietnam, South Africa, India, Japan and Russia. By this way the world is gradually accepting bitcoin and one day bitcoin will be the main digital currency of all the countries in the world. one world one currency great.
6  Economy / Economics / Re: DON'T DO PANIC SELLING !!! on: October 28, 2017, 08:32:43 PM
in 2013 BTC become half just because of PANIC SELLING .
i dont think its possible now but if PANIC SELLING continue price will obviously  go down.

I did not heard about it.  In case it happened again, I will be very happy because that would be a great time a big opportunity for me to buy bitcoins.  And I am sure many who believes in bitcoin will do the same.  Panic selling is made by people who do not knew bitcoin very well.
I think all the people in this forum think that they are feeling not well. Everyone realize that selling in this day is beyond the sense. Why one should lose his investment while he has the opportunity to earn more and more money but it needs a little patience. Just wait for the price to go up and regain its old price and may be more than that and then that will be the time to sell your bitcoin or convert it into your local currency.
7  Bitcoin / Bitcoin Discussion / Re: What if, we advertise bitcoin on T.V.? on: October 28, 2017, 08:07:23 PM
Advertising something on Television is really effective. An advertisement must be really catchy so they won't forget the product they are advertising. If bitcoin is advertised on the daily on the television, the number of users of bitcoin will greatly increase in a little amount of time. Before advertising, they must be ready to educate those who want to use bitcoin properly. They must also teach them to not abuse the cryptocurrency system. Advertising on television can only happen if bitcoin is already legalized.
Yes no doubt that it will be more effective if we advertise bitcoin on TV, even we need to use any mean of advertisement, because as soon as bitcoin will become popular the users of bitcoin will continue to increase and so we will be more facilitate with the benefits of bitcoin. i think still majority of people do not know about bitcoin and therefore it is too much important to introduce it on TV and other advertisement medium.
8  Bitcoin / Bitcoin Discussion / Re: Future of bitcoins on: October 28, 2017, 06:52:18 PM
In future will the banks be able to exchange bitcoins?
Now we are exchanging from traders...but when (if) the popularity of bitcoin increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of bitcoin?

It depends, if more and more large companies start accepting and offering bitcoin as a payment alternative, many other smaller companies will also start accepting and using it. This kind of exposure and acceptance is very important for bitcoin to survive. Ofcourse the government also plays a major role in this and the buying process of Bitcoins will have to be made much more simpler than it is at present.
I think in present time some shopkeepers and general stores already start accepting bitcoin, therefore we can expect that in future more bitcoin companies and industries will also start using bitcoin and will also accept it as for payment. In fact bitcoin is in very early start and therefore we can expect that in future bitcoin will become as more and more popular and mroe stores will start accepting bitcoin as legal currency.
9  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency ! Will go boom in no time. on: October 28, 2017, 06:24:28 PM
Forks slow bitcoins rise but I am sure it will go up in no time. It is getting bunch of attention from investors and I am sure that the market will have an increase in demand which will be profit for those short investor. Less supply more demand and value. I just hope that they will stop the banning of btc in their country so that many people will experience the benefits of bitcoin.
I think bitcoin is already boosted up too much and still it has the potential to boost again and again. in fact bitcoin's popularity is still increasing from time to time, therefore we can expect to see the price of bitcoin trading above 7000$ in next few weeks. i think still  bitcoin is providing opportunities to people to invest money in bitcoin.
10  Economy / Economics / Re: Is it better to save money or invest it? on: October 27, 2017, 10:42:50 AM
I think investing is better than saving, this is because by investing then we can get a bigger profit faster than relying on bank interest not more than 15% per year.
It is true the investing is the better than saving because all the things are just for the saving today and the income and the price of the bitcoin is increasing so it is good to invest in the bitcoin, the value and the price of the money will be high. It is good to invest and to increase your income from the high profit as the income of the bitcoin is getting expensive. The value and the income of the bitcoin are increasing.
Investing is far better than saving money now a day that too simply in the form of cash. At present everyone know that the best option for investing your money is bitcoin because it is continuously increasing in value for last three, four years. There are numerous examples of people who invest into bitcoin few years back and are millionaire now. If you want to save money, save in the form of bitcoin.
Yes keeping money in form of cash means just to wast the time and money. There are so many profitable business where you can invest your money and can get a good return. That is also right that in present time the best option to invest your money is bitcoin, because by investing money in bitcoin one can really get a good profit that may not be even possible from any day trading or business.
11  Economy / Economics / Re: Is NOW the best time to buy or enter in bitcoin? on: October 26, 2017, 11:21:52 PM
Bitcoin prices plunged from $4900 to $3300 withing pan of few days. Now some news-points from bitcoin world are claiming this price plunge was planned. Check following links:

Now without going into whether above claims are true or not, my concern is "Isn't this is the right time to enter the bitcoin market or purchase few more". There is definite signs of improvement in the bitcoin price market. Current price is around $3757. It is quite possible to see bitcoin back to 4k to 5k or more. Given biggest players from finance sector are eying this lucrative market.
What do you think, is this is right time to buy some more bitcoins or wait and watch?

it is unlikely that the price of Bitcoin will return to $ 4k - $ 5k,
if you are wondering if it is currently the best time to buy Bitcoin I should say yes,
because we know the price of Bitcoin every year will be higher ..
First I donít think so that the price will come down to $4000. As per my experience the price will come down to $5000 not less than this and it will be a good chance for buyer to buy bitcoin in the price of $5000 and after a week time they will enjoy their bitcoin with a value of $6500. I am planning to buy bitcoin when the value comes down to $5000. I will not wait more for buying if it touches my predicted price of bitcoin.
12  Economy / Economics / Re: Can Bitcoin End World Poverty? on: October 26, 2017, 10:09:36 PM
It's the payment system. It's the blockchain encryption. And there are interesting things. I think bitcoin, or the, really, blockchain encryption that's behind it, has a greater ability to bring more of the world's population out of poverty than anything we've seen in
Yes bitcoin do not have any concern to end world poverty. Bitcoin is infect a digital currency which is use for online shopping and payment purposes, but in present time people are using it as for investment and trading. I think the price of bitcoin will continue increasing for some time and will therefore give chances to people to make money from it.
13  Economy / Economics / Re: Is USD being used for illegal activities? on: October 26, 2017, 08:30:35 PM
I see more and more articles of the USD being used for illegal activities, such as funding of terrorists and unconstitutional, illegal wars, funding of wars that cause severe infringement of civil liberties like the war on drugs, among other things. I am pretty sure that when goons smash into convenience stores and steal stuff, then the money they probably steal is USD, which makes it criminal currency. Also, I am pretty sure that the baseball bats that majority of the goons have bought were paid for by the USD.

Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison.

Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD.
 
Will this hurt USD in the long run? Will governments ban this just like they started to do with paying in cash for some services to harden the use of illegal activities, and money laundering?


The simple fact is that all the illegal items you enumerated has no negative effect or impact on USD.

The explanation as to why USD is used or preferred in these illegal or even legitimate transactions is that it has high value and when local fiat I'd converted to USD to be used for transactions, it makes it compacted and comfortable to be carried about without suspicion.

On the contrary, this role played by USD is currently being taken over by bitcoin because of its high value also. Fiat are these days converted to bitcoin to be carried on just a mobile gadget like a mere phone. Shaking my head.  Grin
Well, for me, all currencies are being used for illegal activities, and not only USD or Bitcoin as some would say. The only thing I would say makes Bitcoin seem like the worst is because the people behind such activities can hardly be traced, and it also makes things easy for them.
Good and bad people are present in every society, and they may be using their local currency for their illegal activities, So the American may be using Dollar easily and Indialn may be use Ruppee for their activities therefore we can say that almost all kind of currencies may be using for illegal activities and not a single currency can be assumptive from that.
14  Economy / Economics / Re: Investment amount on: October 26, 2017, 05:48:15 PM
Actually it depends on you how much money you'll going to invest. You just follow this motto and you'll be good "The more you invest, the more profit you will earn." but if it's your first time investing and don't have enough knowledge about what are you going to enter i may say that you should just invest a little amount in order to have a experience and familiarize about the things.

Remember that investing into something is not a joke it may lose all your coins in just a glimpse of an eye so make sure that you're aware of the risk in investing make sure you've made a research and know the cons and pros. Make sure that you can afford to lose the money you invested.
Investment can be consider as passive income, but still to find a profitable business where you can trust and invest your assets, you need to have good experience and study. You will like to invest your money in such place where your money is more safe, but it is not so easy to find such business where you can put more and more of your money . for this you need to study the market and choose the best place for investing your money.
15  Economy / Economics / Re: USD vs BTC on: October 25, 2017, 11:58:10 PM
Dollars is the main currencies worldwide, and it wont change, its a powerful currencie and used for some countries as store of value, since their currencies arent stable, like Venezuela, Brasil, Argentina and much more countries wich has their currencies to change a lot against dollar. Bitcoin is growing well even being used as store of value, it wont reach the power usd has, since for those happens all companies would have to use bitcoin into their transactions instead of usd.
I think we cannot compare both bitcoin and USD, because bitcoin is a online currency and mainly use for online purposes, while USD is a fiat currency and we are using it for offline purposes only, Therefore i think it is not good compare the two.
16  Economy / Economics / Re: Reason why you should Buy bitcoin now on: October 25, 2017, 11:36:06 PM
So much so that 15% of banks world wide expect to widely implement blockchain, which is a ledger of transactions updated in real time by various institutions, by next year, according to the report which surveyed 200 global banks.

These banks, mostly medium to large-sized institutions, are focusing their blockchain technology on three areas: consumer lending, retail payments, and reference data, which refers to the real-time information sharing of transactions across business divisions and institutions.

In four years, IBM says that 66% percent of banks expect to have blockchain in commercial production and at scale.


You should buy bitcoin now because it keep increasing. It really help you buy all things that you want and need in life. And it is good to buy bitcoin now, take the advantage of it.
We should be thankful because we now bitcoin in an earlier stage rather than the other people because if we don't know bitcoin right now then we will not have a chance to grab the opportunity to buy bitcoin. We should buy bitcoin right now because the price is not waiting for us and if we will buy bitcoin then hold it then after a few years it will grow more than the profit that we can get in a normal investment.
To me think that the only reason can be that bitcoin is still trading in a very reasonable value and we can expect that in ture bitcoin will surely give us a very good profit.
17  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: October 25, 2017, 11:02:25 PM
I think it's impossible to happen. Because as good as any bitcoin never replace dollar as international currency that applies in any country. While bitcoin, it always exist as a digital currency only, no more.
I do not think that it is impossible, because to me i think everything is possible in this world, But it i think that it is not such an easy job, because USD is one of the most poplar currency fo the world, and most of the people are giving preference to USD. i think when the users of bitcoin will increase then it will really become more popular and may be in next few decades people will be still depending on fiat.
18  Economy / Economics / Re: Do you think bitcoin gold value will rise to bitcoin value on: October 25, 2017, 10:33:15 PM
Never say never. Bitcoin is for now in great shape - it is considered as the best investment of recent years, but no one knows how it will scale.
Gold has a long history, it was always regarded as something precious and valuable for every single nation - there is no country in the world where gold is not appreciated.
Bitcoin from the other hand can be either very successful or in the long run fail to capture people's attention and fail.
Although everything is possible, but still i will like to say that bitcoin is the mother of all currencies and not a single currency has the potential to take its place. I think in present time we cannot expect that bitcoin gold will take bitcoin place. I am sure bitcoin will remain as number one currency of the world for a long long time.
19  Economy / Speculation / Re: Again the bitcoin price falls to $ 4000? on: October 25, 2017, 09:15:15 PM
even though bitcoin prices fall by half of the current price I believe the bitcoin price will rise again, as long that as there is no need to panic to sell it let us stick with bitcoin on our belief that bitcoin prices will rise after the downturn.
In fact bitcoin has more potential to increase its price. It is expected that in next few months the price of bitcoin is going to cross 8000$. Therefore to me i think it is the best time to invest our money in bitcoin. I am sure that bitcoin price will continue for a long time and is not going to fell down any more.
20  Economy / Speculation / Re: Will the BTC price go up or down after the 25th Oct fork? on: October 21, 2017, 11:59:24 PM
Actually I expect bitcoin value to go down after the bitcoin gold fork just like what happened on the bitcoin cash, It was actually a good opprunity to buy more bitcoins so for now I am selling some of my bitcoins and when the price drop came I will buy more bitcoins .
in fact at that stage we can expect a little correction. 6000$ is a huge increase in the price of bitcoin and therefore it is expected that the price of bitcoin will take a little correction and therefore we can expect a little decrease in the price of bitcoin. i think we need to stay for that time and when get the opportunity should invest money there.
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!