Just imagine. If ALL OF US would be rich, that means we would live our lives out from dividends, or any passive income of at least $1k a month. Then it would be jawesome, right ? Well, but then I do have a question.
WHO on this Earth would bake the bread for ALL OF US ?
Robots, you might say?
OK, nice idea.
But then, WHO on Earth would maintenance these robots ?
Another robots ?
I don't think so.
Even if so, even if there would be a Skynet of robots, who would not just bake the bread, but also harvest the grains, transport it, deliver to our doors. What then ?
We could eat for free, as much as you want?
Cool, but what about overweight then.
Doctor? But hey wait, NO ONE on this Earth work, so we have no doctors.
OK, we have Doctor Robots.
Who would teach our kids? Robots! Who would change the diapres? Robot!
Even if humans would master all this, we would need to have all the knowledge to teach our robots to work for us. To be slaves for us. (no minds, just pure robotic hands/arms and so on, Tesla's and autopilots)
But even then, there is one huge problem.
I do not want to touch any country, or race, or group of people, but imagine, if you put infinite amount of resources to any kind of animal (including humans), they would reproduce themselves to infinite. Because they simply can. Because parents do not need to parent their kids anymore, because we have robots! So we would need a limit of reproducing, no right to reproduce as much as you can handle (infinite resources), because we would simple have like 50-100billion people on this planet, and there would be no robots who could grow so much grains to bake bread. (perhaps hyper dense pills could be the away).
So, back to the original question, why do people believe, they all can be rich ?
It was, is, and will be, ALWAYS about that who is going to earn more, not enough, but more than the others.
Why?
If there is only one mansion on the Bahamas, which is large enough, sunny enough, sexy enough, there is no freaking way, ALL OF US could buy it. Just one. 1. One. And if only 10 buyers come with their million, to who would seller sell this mansion to? First ? But second also have million and ALL OF US want to be rich (own that one mansion). So second would have to offer 2 million, right?
Wrong.
No one would want to sell such mansion in the first place, as he is already rich. We all are.

I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world

What is your opinion this time?

Does anyone know how fastest way to securely search for bitcoins without the greatest risk of losing, surely every one has a different experience in finding bitcoin let's share it here?

Hi here !

So, the captitalization of BTC reached 40B $ , this is nice but not huge at all compared to FIAT currencies.

My question is : with such a "low" amount of money, does the traders have real power over the Bitcoin price ? I always heared about the natural inflation, simply more demand etc... But don't you think that if a lot of early investors with huge amount of BTC could gather and have control over its price ? Or they are simply slave of the system like every one of us ?

I'm waiting for your toughts 

There is alot of sites to invest in some can not be trusted and some are fake/scams. Here is my list and most are btc and bankroll for casino. Mostly are bitcoin invest and some altcoins. P2P leding can do diffrent fiat to. Biggest risk is sites get hacked or run of with the funds. But many sites gives great return. I would not invest in a place that gives less then 10% because not worth the risk. Like bitfinex.com had like 3% return on lending out btc. That was the only reason i didnt have any bitcoin on bitfinex. So its not worth the risk. All on the list i have tried for longer time. Warning!!! If invest in casino its easy to get tempted into gamble, a few people just want invest and end up lose all gambling.

Works great and trust

Just-dice.com - bankroll for casino
Bitdice.me - bankroll for casino
Moneypot.com - wallet/bankroll for casino
Safedice.com - bankroll for casino
Crypto-games.net - bankroll for casino
Bitvest.io - bankroll for casino
Megadice.com- bankroll for casino
yolodice.com - bankroll for casino
Poloniex.com - lending out to traders

Not trust or like
Betking.io - closed
Magnr.com - lending to traders for 1.28% yearly (to low to be worth it)
Btcjam.com - p2p lending
Bitbond.com - p2p lending
Diggit.io - minesweeper bankroll
Bitfinex.com - lending out to traders

P2p lending and didnt work that great. So many not pay so you get around even.
Diggit.io offline much , takes forever withdraw, owner not interest much in run it.
Bitfinex.com got hacked and got to low interest rate.


Anyone have other sites to invest in? Or sites to stay away from?

Iam not a professional just a hobby investor. Will try answer all questions. And try answer logical and rational. All investing should not be done by emotions. Investing mostly not give huge returns, and need be patient. And my answer will be based on my experince investing.

I had about 6.7 BTC back in 2014 or so at a price of about 1600$ I was down about 250$ and then I kept seeing litecoin go up 20% a day and jumped into that... then it spiked at 7.5$ or so... and then it dumped down to about 4$ I lost 700$ or so... and then kept playing around and finally got out with about 200$ left. About 6-8 months later BTC went to 300... and it's been rising ever since.... now i'm feeling the burn.

I should have never bought LTC...

I learned a lot about economics and had a lot of fun trading, even though I lost.

I was considering maybe jumping in again with 1000$. I'd probably go back to bitfinex.
Try some longs or shorts.

Thing is I probably would have bought ealier but you can't buy if you have no money.
Now I got some but i'm in China, and exhanges here still seem reticent on withdraws.

I dunno what do ya'll think? Buy in at 2400$?

What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?

Even some months ago bitcoin'a price was 600$ but it started to rise and everyone sees how it become 1300$, than 1-2 month ago we had a little fall and lowest price was 890$ but than it returned to it's 1200-1300 and continued to rise and rise and we see what we get in result, bitcoin's price is 2750$ currently. This is very high rise and what do you think guys, will we see fall from 2700 to 1000 or even to 600$ ? Can we to forget worries of price fall?

Andrew Haldane said one solution would be for the Bank of England to issue a state-backed digital currency based on bitcoin. Supporting this initiative would be a negative interest rate levied on paper currency relative to the digital currency, with these measures do you think there is more possibilities that sometime:

Paper money will be banned entirely?
How long do you think that happens?
would it work?
What security and privacy risks would it raise?
And how would public and privately issued monies interact?

It seems there are bad news all around with doom and gloom. Trade figures going down, jobs cuts, security situation not going well, and bad loans.

Is the economy situation in your country that dismal? Or this is just some fear mongering?

We all know that there is corruption everywhere, like in government or any other organization. Because of money, corruption can always happen with greedy people who always wants more money to them. Since bitcoin can be considered as money, can it also lead to corruption?

If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.

In 2014, all the cryptocurrencies including Bitcoin was banned by the government in Ecuador. This was followed by the introduction of the country’s own digital currency, the Dinero Electrónico.

However, defiant Bitcoin users still continued using Bitcoin and other cryptocurrencies. In fact, Bitcoin use in Ecuador has spiked due to the recent price rise.

Do you think that the Ecuador government will freely allow the use of Bitcoin as its popularity increases?

welcome folks.. I am here with two money earning and money investment terms which most people are not aware of so I thought we should discuss about this too.
What is Active earning?
when you earn and gets played for how much time you worked. such as signature campaigns or faucts. that mean if you d not work they aren't gonna pay you.
What is Passive earning?
when you invest your money in something or somewhere in order to get some amount(mostly fixed amount) even wile you are not at work. such as investment or cloud mining.

if you are investing your coins then you should first understand the main difference between assets and liability, its like trading and shopping. assets help you make money but liability will consume some money even after you bought it.

so which one you doing active or passive?

I would assume that all of us here are 100% sure that Bitcoin is rising in value and the recent correction many days ago is just a temporary setback and in fact Bitcoin is now again rising in price albeit a more timid way.

With this scenario in mind, majority of Bitcoin holders are not spending their Bitcoin but holding them just like a precious gold somewhere in the cyberspace.  The mantra seems to be HOLD HOLD HODL HODL and I am seeing it everywhere in Facebook, forums, group chats and even in cafeterias worldwide.

Together with the increasing demand coming from Japan, et. al., this in turn is helping  push the Bitcoin upwards and once the scaling problem can be solved by August we are expecting that Bitcoin can jumping with joy and a resurgence like we have never seen before.

Just hold them and never be tempted to sell or you would later on regret as if 50% of you died digitally.

Recently, I've been trading bitcoins on btc-e, earning only a little, yes, very little, except the fees that btc-e takes.

Besides trading, are there any good method to earn bitcoins?   Thanks.

My concern is that if Bitcoin can be an effective medium of exchange tool? 

The reason why I asked is that there are fees associated to each of the transactions and the fees are increasing day after day, so it gets to a point that it is no longer justifiable to use Bitcoin to buy smaller items.  Higher fee becomes required as low fee transactions will be placed in the unconfirmed bucket for long time, if not forever, as no miners are willing to include them in the block to validate it.

How will the high transaction cost impact Bitcoin usage and price in the long run?  I would rather to see the future price increase is due to demand in the coin circulation than due to demand from speculation. 

Please provide your feedback.  Thanks.

There is a thread about recomendations for the best wallet to use, but not all practice what they preach, so this poll is to see what people are actually using.
I understand that some people use multiple wallets of different kinds, so this poll asks which wallet is most used, this can be measured either by quantity of bitcoin or amount of transactions.

So recently I was using this app called Instagram (in case some of you never heard of it) and I posted some pictures & videos related to Bitcoin on my Instagram Stories (Like that day when the price goes insanely high and keep going til now). Then 2 days ago some of my friends suddenly asked me about what Bitcoin is & how could the price goes up like that. And I was surprisingly glad to know that I've influenced some people to get to know Bitcoin. And then I introduced them to Bitcoin and answer their questions about it, there were 3 people asking about Bitcoin that day just because of this 1 post.

I mean why don't we just use this power of social media to make people aware about this Cryptocurrency, well I know that there are already some people doing this (like those YouTube channels).
But what I'm talking about here is to us to post something about Bitcoin on our social media, you can just at least post something like your first transaction with Bitcoin and share your story on your Facebook or take the picture of your book that you just bought from the internet using your Bitcoin and then post it on your Twitter.

Don't be afraid to share your experience, you won't get hurt by doing it!(at least not now)