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1441  Economy / Economics / Re: Cashless society on: August 03, 2017, 01:01:15 AM
I do not think that in the future everyone will switch to non-cash payment. In many countries there is no Internet for the smooth operation of this system and for the alternative they will always use paper money.
Yeah is still a lot of poor countries in the world and many of these countries do not have a good internet connection even the people are not too familiar with internet and blind technology, and that is why cashless society will not happen in this era. It may take a very long time for this to happen
1442  Economy / Economics / Re: Is trading just educated guessing? on: August 03, 2017, 12:50:52 AM
Trading depending on the peoples knowledge and not depending on a insider's informations .If you know how to have a research and you know a potential of a coin you will be more educates but not in guessing in short you have those proofs in your mind to be more clear to you what is your investments and why you bought it.
Nope. Of course you must have the knowledge, the tenacity, the patience, the skills to trade. You can not just depend on your mind to guess which coins will have good potential and future, but you have to do research first, and your skills and knowledge will be useful in this session
1443  Economy / Economics / Re: Best way for steady income on: August 03, 2017, 12:49:36 AM
You should have a stable job, small business and investments on bitcoin.  With these 3 im sure you have a stable income for so many years even when you get old.  You will only lose your job by then but your business and and investments will grow.
I think it's only an employee or a worker who can earn a steady income every month or every week, but I'm not a messenger or a crew, I want to be a boss by making a business, even though his salary will not always remain but it's no problem for me,
1444  Economy / Economics / Re: Worst bitcoin decision you've ever made? on: August 03, 2017, 12:46:53 AM
The biggest regret I experienced after knowing bitcoin was I sold about 5 btc late last year for about $ 900, if I hold now I certainly get more profit.

I even sold a little by little. 1 bitcoin at $1,000. 3.3 bitcoins at $2,300 and mostly there's a lot of it that I sold at $800. I can't remember on how many. And I do regret for having lack of knowledge by that time. I didn't believed before that bitcoin's price will even reach at $2,000 and now we are heading the $3,000 mark spot.
I think it's not their fault, I'm sure users are already doing research before selling their bitcoin and of course at that time you also get a profit from your bitcoin sales? But as many people say that bitcoin price is very volatile and can not be predicted when will pump
1445  Bitcoin / Bitcoin Discussion / Re: Why should people use Bitcoin? on: August 03, 2017, 12:44:37 AM
If I ask myself the same question, I would answer it with what it stand uniquely and that is equality to all users.
No degree or have degree, poor or rich and even men over women. Disability is not even a hindrance to be a BTCitcoiners.
Or to say everyone, whoever you are, from whatever level you are from a society, rich or poor you are free to use bitcoin without any rules and restrictions binding on each user, that's the bitcoin advantage of decentralization and people have to use bitcoin if they want to gain freedom in their lives
1446  Economy / Economics / Re: Worst bitcoin decision you've ever made? on: August 01, 2017, 11:33:34 PM
I think my worst bitcoin decision is that way back 2015. That's my first time to know bitcoin and I remember that time, the price of bitcoin is only 500usd (if im not mistaken). I regret that I didn't buy or take bitcoin seriously and I didn't really focus on it.
Lol I think many users are doing that too, they skip bitcoin when bitcoin prices are still low in the market. I think if the user already has the courage to take risks and trust in bitcoin. I'm sure they'll buy a lot of bitcoin and hold it for a long time and they must be rich now
1447  Economy / Economics / Re: How to double your money using BTC? on: August 01, 2017, 11:23:23 PM
My strategy in doubling bitcoin i have is only using trading. Because, i think trading is safer. Once in a while i try to gamble, but it becomes very horrible because i am a greedy person.

Trading is one of the better ways and comparatively safe as well. I mean there is certainly risk involved but if you have a good client base then you can easily buy/sell immediately and this will help you to neglect the price movement of bitcoin as you will buy and sell on spot. Another thing is that you can join signature campaign and get some additional source of income and invest some amount in bitcoin . As price rises so will be your profits.


Thats true, trading can be said to be safe, because you can just cutlose when the price goes down so as not to lose too much, different when using other doubler method when you lose money of course will run out, unlike trading but make sure you always double the price in the market, so you not lose because you does not update
1448  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: August 01, 2017, 11:20:30 PM
For most part, i hold bitcoin for investment. Although occasionally i gamble, but it doesnt damage my investment portfolio.
You may have a well planned strategy for you gambling that is why it is not destroying your investment portfolio and do not damage your life. there are some people who often start gambling and looking others they loot all of their money in gambling and remain poor.
Some users do buy bitcoin because it aims to gamble or fun but sometimes there are people who do intend to get a profit in gamble. I often see in highrollers of every gambling sites that they gamble up to hundreds of bitcoins, maybe they want to earn a profit while having fun Lol

1449  Economy / Economics / Re: Can Bitcoin also lead to corruption ? on: August 01, 2017, 11:17:45 PM
This is something that many countries fear, when they fight against corruption of course the existence of bitcoin can be exploited by corruptors to save their money.
Yeah maybe this is a common secret for everyone, how not you will not be seen while using bitcoin, and all users will not know who owns a bitcoin address, so it is reasonable that some governments in some countries prohibit the use of bitcoin in their country?
1450  Economy / Economics / Re: What would happen if Bitcoin became a legal currency? on: July 31, 2017, 02:51:44 AM
Everyone start working on bitcoin including those who afraid to join bitcoin world and thought that bitcoin is a scam and people are lying that they earn that much money from bitcoin.
Yeah sure people who were previously afraid of bitcoin will start to believe with bitcoin and start using bitcoin because bitcoin has been legalized. Legalization will change everything. Including people's confidence in bitcoin because it will certainly make them believe and not afraid of bitcoin


1451  Bitcoin / Bitcoin Discussion / Re: What is BTC for you? on: July 31, 2017, 02:39:38 AM
Bitcoin is just like the fiat money for me because i am using it now to buy some loads for my cellphone and also for paying the bills online without a hassle, it works for me like a fiat and there is nothing more than special for that and that is what is bitcoin for me.
Different from me, I do not use bitcoin as a method of payment, Maybe just a few times to pay for online purposes only. Not so often
because for me bitcoin is a very profitable commodity for me. I use bitcoin as an investment and also savings for my future of course
1452  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: July 31, 2017, 02:38:10 AM

For future purpose. To be honest no fun with bitcoin. I'm very serious about it and making strategic plans for my upcoming life. I want buy big things, which are not possible for me currently. I don't want to be out of cash or bankrupt in any situation or at any point in my life. I want to make very happy family. This is kinda personal and emotional and I'm preparing for all these with BITCOIN.

If you want to change your life for the better of course all you have to do is to invest and do business seriously using bitcoin. There is no fun. You must have a mature plan to benefit from bitcoin. May have a steady income from business, short-term, and long-term investments, etc
1453  Economy / Economics / Re: Cashless society on: July 31, 2017, 02:34:47 AM

I don't think that's a good idea. First of all not all people has access  the internet, secondly cryptocurrency takes some skills to know how to handle it and do your transfers online so it's gonna be hard for old people and those who are not into technology to learn about. "Cashless Society" is a great idea, but unfortunately it's really hard to have it  in the real world.
Cashless society is a good idea to apply but it will not be implemented in the current era. Many people are still technologically blind and even they do not know how to use credit cards. So I think cashless society will definitely happen someday but not in the near future
1454  Economy / Economics / Re: Why have Bitcoin instead of cash? on: July 30, 2017, 11:48:17 PM
Cash and bitcoin are of course different in their ways, and I think both of us have to be tailored to function, I have bitcoin because of the many benefits I get from bitcoin, such as easier, quicker transactions and hope someday prices will go up, so I will get profit.
Agree, but then I will use cash to pay for my daily needs, you can use bitcoin for fast transactions online and certainly use bitcoin for your investments and profits, but I'm sure everyone will use cash to pay for their daily needs in real life
1455  Bitcoin / Bitcoin Discussion / Re: Bitcoin is instant way to get rich ? on: July 30, 2017, 11:46:54 PM
I think it depends on how you use your earnings or bitcoin. If you use it for gambling then your not going to be rich. But if you use it in the right and smart way and using the advantages of bitcoin at the same time your on your way to get rich.
Precisely I think gambling is a method to get rich with instant. While working in bitcoin by doing business or trading may take a long time for you to get rich? You can not get rich with instant using bitcoin. You need time, patience and effort
1456  Economy / Economics / Re: Can Bitcoin Volatility Be Controlled? on: July 30, 2017, 11:41:44 PM
No. Volatility can't be controlled this is the side effect of unregulated market only the supply and the demand controls the price although bitcoin and cryptomarket isn't widely recognized by most of us even here in my country bitcoin isn't known here so, i think that bitcoin will reach stability if more users are engaged in bitcoin and the marketcap is big as gold marketcap.
I've seen that supply and demand can be manipulated by someone who has a large capital in the bitcoin market If fluctuations depend on supply and demand. It means that fluctuations can be controlled by someone who has the power to manipulate supply and demand, isnt it ?
1457  Economy / Economics / Re: Can Bitcoin also lead to corruption ? on: July 30, 2017, 11:37:39 PM
Yes it can, because all the transactions of bitcoin are anonymous and the corrupt people needs such type of platform to save their black money and to transfer them anywhere without taxes and without government consideration. Everything can be use either in positive of negative way, this is the negative use of bitcoin to do corruption.
Yeah bitcoin has anonymous and decentralized facilities and that's what criminals or criminals use to do illegal activities.
The corrupt just need to wash their money into bitcoin and then they can convert it again to fiat without being seen. That's bitcoin expertise
1458  Economy / Economics / Re: If you have a lot of bitcoin, should you spend it or save it? on: July 30, 2017, 11:33:51 PM
Better hold bitcoin, because its price will constantly grow. You can spend it only on large and really necessary purchases such as a house or a car. To lose precious coins for entertainment is stupid.
You can't say that the price of bitcoin is constantly rising, because if you are reading some statistical report about the status of bitcoin, you can see that the price is up in down. It varies from time to time.
The price of bitcoin is not constant or does not go up constantly, sometimes the price will drop so if you want to hold bitcoin of course you should know that fluctuations will continue to occur and that is the main risk of investing in bitcoin. Fluctuations make the price up and down. So make sure you're patient if you want to hold your bitcoin
1459  Economy / Speculation / Re: Will Bitcoin die soon? on: July 27, 2017, 11:58:02 PM
Bitcoin will die sooner or later,I don't think that's possible
If the price of bitcoin drops dramatically it may happen

I think rather if the price dips there will be a huge buy and then the price will go up even higher :p
It is also expected that if the price of bitcoin go down more, that time the wise people will buy bitcoin and in future they can earn heavy amount by selling these bitcoin with high price because it is impossible to happen that bitcoin will be demolish completely. I think it is good chance for these businessmen who has extra money for business and I suggest to buy bitcoin now for future earnings. 
Yeah because a lot of people think that prices are down is not a threat, they think that it is an opportunity for them to be able to get a low price then get a big profit from upcoming price increases. I think this will happen until the next few decades and bitcoin will be hard to die
1460  Economy / Economics / Re: Can Bitcoin Volatility Be Controlled? on: July 27, 2017, 11:57:22 PM
High volatility is the issue,  volatility of bitcoins makes it unique from other currencies and it is attractive feature as business point of view. Volatility can be controlled if we have a stable market of bitcoin (which is in fact not possible due to its characteristics in my point of view)
We can't control volatility since it is decentralized and demand is hard to predict. Some countries planning on implementing it can make its value really high. Stable market can only happen in short period of time and can change as fast that we don't even noticed.
What about users who have millions of bitcoins in their wallets? Can not that make the bitcoin market fluctuate if the user is doing something like selling or buying? While the bitcoin market today is still very easy and vulnerable to manipulation with issues and big players?
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