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10721  Economy / Economics / Re: The future of the paper money on: March 20, 2016, 07:33:23 PM
Paper money will of course exist in the future. And that is just impossible to happen that it will disappear.
Bitcoin is of course more used in the future and that is good. But many people also need their paper money.
yeah agree. bitcoin might become popular and many people using bitcoin. but it will not make the peper money to be disappearing. paper money is always welcome This is not ancient fashion. but paper money has existed since time immemorial

Yeah, I don't see paper money going anywhere in future, it will always be used by majority of people, people who are uneducated they will find much easy to use fiat in compare to bitcoins.
And it is also a possibility that a paper form of Bitcoin will introduce and bitcoin also embrace the form of paper money. As the currency is currency, it can get into any form, like paper, coin or credits online.
10722  Economy / Economics / Re: If bitcoin price is $10.000, will fiat be worthless? on: March 20, 2016, 07:28:27 PM
No as not everybody uses it yet, so why would fiat ever be worthless. This would only happen if the country itself goes down in ruin. They are connected to each other. A country and it's currency. It is like it's symbiote, one can't live without the other.
Yes for each country their currency is their living symbol. Bitcoin can only capture those countries and replace their currency which are made ruined by one or another and are re-established by a bitcoin supporter.
10723  Economy / Economics / Re: Bitcoin replaces the money? Could happen? on: March 20, 2016, 07:23:19 PM
I think Bitcoin is already money, but if you mean if Bitcoin will replace fiat that's not impossible but need timing and more support for this crypto currency

Yes i think he mean fiat , and i don't know if Bitcoin will be able to replace fiat in our nearest future, but i am sure Bitcoin is growing up daily and reaching a high level of success till now

please stop living in cloud cuckoo land, half the globe do not have internet connectivity....... crypto has been built to fail, a couple of nukes worth of EMP and ALL OUR cryptos are dead, make the most of our hobby while we still can, but please give up the dumb retarded pipe dreams!!!!
It is true that half of the world has no any internet connectivity but I think if they do not any internet connectivity then they are not in the position to take part in international business as they don’t have any money for living. While crypto currency is for digital international transactions.
10724  Economy / Economics / Re: Is it better to save money or invest it? on: March 20, 2016, 07:17:06 PM
I'm investing these days because the bitcoin has a really good future a head so why should you save money.
You should not save money if you can make more money by investing in the bitcoin.

certainly better investment than saving. especially with the investment we can grow our money, but you should really choose an investment that has a small risk. because I see the most current investment in bitcoin has a high risk. not like investing in gold.

Gold is risky as well. It's been down YoY for many years now. Still not sure why people who clearly don't invest are trying to give advice that's clearly delusional.

Not everyone can invest in gold its only for rich traders unlike bitcoin everyone can really start small while in gold you really need to have a big capital to trade it.
Yes with gold I think the minimum amount you can buy is of cost $100 which is not possible for small traders while with bitcoin you can buy for what value you can and want to buy.
10725  Economy / Economics / Re: I'm not gonna sell any coin. on: March 20, 2016, 07:09:48 PM
-snip-
Halving is expected to give assured profit. As said now price is rising slowly, but at the days before halving we can expect a price fall.
No, at least at that time we don’t have to expect that the price will fall but at that time the price will be at its peak as at that time no one will be ready to sell any of his/her coin and so people will try to buy at any available price to be benefited with halving.
10726  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: March 20, 2016, 07:02:53 PM
If it doesnt matter than nobody will use it and it will not even exist. Bitcoin will be later in the future the most used payment method.
And that will be so good. But you never when it will happen when the value is going to rise and that is the problem.
bitcoin is a commodity and currency of course the price and value is very important for the future of bitcoin.
prices will determine the user's interests as well
Yes, bitcoin without any value means that no one is now there in interest with it, For any currency it is its price which the attracts the masses towards itself and gain more fame in the world.
10727  Economy / Economics / Re: Minimum limit for buying BTC on: March 20, 2016, 06:55:58 PM
minimum limit for buying bitcoin is where you want buy bitcoin, i mean every exchanger will have some rules for user buy bitcoin at their and some exchanger need your identification before you buy or sell  bitcoin.
Yes it depends on the exchanges on from where you want to buy bitcoin, But I think you yourself must also have some mind to keep a minimum limit for you as you should have to buy bitcoin for atleast $0.10, if you want for less than what will you do with bitcoin of worth $0.01.
10728  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: March 20, 2016, 06:42:48 PM
Coinbase CEO believes bitcoin will replace dollar within 15 years.

Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years

Do you think it will be true? Are you positive towards bitcoin's future status?

Do You Think Bitcoin Will Replace Dollar Soon?

soon? maybe in a 20 years!!!!

20 years? No. not even in 20 centuries. As dollar has its owner country USA, which is considered as a super power country they will put all their efforts to remain established their currency if they wanted to.
10729  Economy / Economics / Re: How to make America great again on: March 20, 2016, 06:37:23 PM
Oh, yes, America will become great again. Everyone please vote for Donald Duck, let's elect him President.
A number of people are with the favour of of Trump I think he will won the election, but don’t know that he will spend his duration in giving strength to USA or not! The previous two had just waste their time.
10730  Bitcoin / Bitcoin Discussion / Re: Storing of Bitcoins is against Bitcoin. on: March 20, 2016, 06:32:12 PM
I don't think so mate. When you really value something, you try to keep it with you for long, like gold. In my opinion storing bitcoin is useful to increase its price in the long run, because there are few people selling and many people trying to get it.
But if people do not try to store it for trading with it and try to use it like other normal currency then bitcoin will come to a stability and the big pumps and dups will vanish from its pricing.
10731  Other / Off-topic / Re: Earning a living with bitcoin? on: March 20, 2016, 06:24:57 PM
I don't think services,mining,signature campaigns and trading are stable incomes. For example 1 month noone will buy your services, the alt coin prices may crash to the ground, the signature campaigns may close shop and the trading may lead to a loss. Stable income is when you receive a fixed pay every month by an employer.

If you offer services and you have a good feedback to other who have tries your services then you will surely get a monthly income.
It really depends on how good you do your job,if you are sloppy then you wont get any monthly income.
It hard to have that of course. But you need to make an good investment and also have to work hard. That is important.
Otherwise it is not possible. But that also depends on the value that Bitcoin have and you never know that what it will be in the future.

Even if the price of bitcoin skyrockets we cannot afford to rely only on bitcoins, as we know that higher price is not permanent and it can fall back down in future.

but it is not difficult and hard that someone earn to live on bitcoin nowadays when there are a lot of different ways on internet to earn with bitcoin. If someone is intelligent he can earn in any situation with any opportunity.
Yeah it is not any difficult for genius people to earn, to earn from any opportunity they find they have the knowledge , skills and tricks that how to grab any opportunity and what is the best strategy to start a business with.
10732  Bitcoin / Bitcoin Discussion / Re: Is bitcoin being used for illegal activities on: March 20, 2016, 06:03:08 PM
i believe that bitcoin is being used for illigal activities just as much as any other currency

As long as it has a value it can be use to do illegal activities just like other currencies, but I think its not just currencies that can be use in illegal activities.. just like what we saw in movies, criminals have a barter and swap their guns with drugs..

Its fair. Not just of bitcoins value it's been used in illegal activities. Due to the anonymous nature and faster transfer bitcoin is given priority.
But I Think the criminals like only one thing in bitcoin which is its feature of anonymity , with that they can buy any thing like weapons and drugs etc and will remain anonym to the sellers etc.
The value of bitcoin does not matter for them they just do their business with a currency which they find beneficial for them and as bitcoin is not supported by any government so they find it for themselves.
10733  Other / Off-topic / Re: What do you wish you could buy with btc ? on: March 20, 2016, 05:48:26 PM
i hope that i can buy a new gaming computer, a smartphone and lot of any other thing like food and household things
well, maybe BTC will help me to pay some of bills though

You would be able to buy all things for sure in future, let give some time to bitcoin to reach its potential and then we would be able to buy almost anything.


Yes the bitcoin itself has a really great future so its true that someday in the future everything can be bought with the bitcoin.
You already now see stores that are accepting it because they know the bitcoin will be very big globally on day.
even bitcoin have really great future, im not seeing any offline store accepting bitcoin though, but lot of online shop do
except using the debit bitcoin card on offline store who had mastercard logo on the payment
Currently it is the early stages of the bitcoin and is started from online system that is why its spreading to offline world is a little slow, but sooner it will come to all stores when it establishes.
10734  Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase? on: March 19, 2016, 07:21:02 PM
Its goo to hold at a moment, just have patience and wait for a right time to sell to earn extra profits, I am holding majority of my coins.
this year we have the certainty to sell at the right time. because we will pass halving, which can make the price rise and it happened a few months again Smiley
But, I think ths year will not be the year of selling bitcoin but in 2016 people will buy bitcoins till the end of this year I think as upto which I am thinking the price will continue to increase till the end.
10735  Other / Beginners & Help / Re: Doubling Bitcoin? on: March 19, 2016, 07:10:40 PM
It will be good if that is possible. But it will be really hard and that is also it will take a long time to get it and that is a problem for people.
They cant wait and they are very greedy so that is really bad. But I hope that more people can get some profit of it.
One of the solution to this problem that how to double our bitcoin is now not longer which is the halving , it is predicted by the people that the possibility of price increase are about to more than $1000 .
10736  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM on: March 19, 2016, 07:00:18 PM
There is not a single ATM in my whole country, not even in a single city so it is impossible to use it here  Huh
In my country is also not available, as many of the people at here is not aware with the term bitcoin, I think it will take some long time for its introduction to our all community and then will ATM come.
10737  Economy / Service Announcements / Re: [ANN] CalcBitoin - Calculate and convert Bitcoins on: March 19, 2016, 06:42:56 PM
Site is looking good, but covered by some spammy ads. First of all please adjust them, it would be good work. But we can easily check and convert bitcoin in google, google won't let it's customers to go other sites,? but anyway. Everyone should appreciate and support it, this is no doubt a cool concept.
10738  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: March 19, 2016, 06:20:47 PM
Banks are a old profession like Prostitutes they will always find a way to get that money from the masses.
Do not expect them to fall off any time soon,they have their claws into the system pretty good.
Yes the bankers are more expert business persons, they can fit themselves in any modern system which is introduced for business related finance in order to give success to their banks.
And I think banks do not have only one job which is savng money for people, but it has a lot of other duties for the state also, so they will remain there to perform their duties for the state affair.
10739  Other / Off-topic / Re: Why would customers use Bitcoins? on: March 19, 2016, 04:25:57 PM
Customers don't see any CC fees, the fees are paid by the merchant. The customer only sees that with CC, he could chargeback if anything goes wrong. And, of course, the money he's spending is on free loan from the CC, so there's that.

Merchants offering substantial discounts for BTC payments (to reflect the money they are purportedly losing to CC fees/chargebacks) would motivate bitcoin use, but they rarely do.

Most of the time customers don't see any credit card fees, but some local shops charge about +3% when paying with credit/debit card which is much more honest, although it discourages to use the credit cards there. So it all come to human psychology, when you have to pay +3% on top of the purchased goods versus no fee indicted but included in every purchased item whether you pay with cash or credit/debit card.
The credit card is loaded with your bank so whenever you transact there through bank there are large number of fees and taxes charged on you also. That is why we prefer bitcoin in order to stay away from bank fees.
10740  Bitcoin / Bitcoin Discussion / Re: How do you store your bitcoins? on: March 19, 2016, 04:19:56 PM
-snip-
The same case is here but I also have xapo and coinbase for some of my uses, and I think in case of online wallets we should have a number of wallets so if one id down we can pay with the other for our services.
But online wallets are risky, it is better to have your own wallet on your PC and have full control on your coins, just think what will happen if the website where your wallet is gone down and you cannot access to your coins in time of need.
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