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1341
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Bitcoin / Bitcoin Discussion / Re: In what situation would Bitcoin die?
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on: July 01, 2017, 07:56:17 AM
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When we can no longer read cryptocurrencies, Bitcoin will die or end. Bitcoin is a digital currency relying to cryptocurrencies. Our way of transferring money is true sending cryptocurrency address from our bitcoin wallet. It is called Bitcoin address. If transactions cannot read those, then there is no way we can transfer money or someone could able to pay us.
The bitcoin cannot die although the economist are struggling to provide the alternate of bitcoin and they are making such system which will be issued by UNO and every country will have to follow that currency and hence just like ICL the IPL will have introduce. But still bitcoin popularity is continuously increasing which is making bitcoin more powerful and therefore no other currency can replace bitcoin. |
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1342
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Bitcoin / Bitcoin Discussion / Re: What will happen with Bitcoin if it never scales?
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on: July 01, 2017, 06:58:47 AM
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If bitcoin gains so much value in time, it won't make any sense to use it for small transactions.
On the other hand, If we don't see a development about the problem, the price may not climb at all. It's a problematic situation in every way.
The US $ has gained so much value in time, yet everyone wants to use it for micro transactions. Probably it has gained it's value but for some how maybe today bitcoin is rising.Who knows Tomorrow? Maybe Bitcoin become a one of cheap currency and lost the value what it has right now. People are spending and getting income from bitcoin.So therefore people want fast transaction of bitcoins in a less number of withdrawal If it loses the scale then I think the number of bitcoin will increase in the market like traditional currency and the rate of pay of services and commodities will increase but will never disappear because of virtual features which are the core need of virtual world. And very honestly it is now the demand of the new generation and they can have the best chance to use bitcoin for their online business or any other online activity. |
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1343
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Economy / Economics / Re: Why have Bitcoin instead of cash?
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on: June 28, 2017, 08:13:48 PM
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What's stopping people from using both Bitcoin and cash depending on the circumstances? I for one would like to use whichever is the most optimal for the task at hand. Say you need to travel abroad and decide not to bring cash with you and there people on Localbitcoins will try to rip you off by offering crazy rates for your coins, couldn't it be better to use cash instead? Or you need to send money abroad but don't want to pay more fees via a bank transfer then you will send Bitcoins.
This, bitcoin is great but it is just another tool, in your example having flexibility is best, bring cash, a debit card, a bitcoin debit card and bitcoin and you are sure to not have problems when it comes to pay for products and services, there are many stories of people only bringing debit cards to their trips and then the card gets blocked by the bank and now they are in a foreign country without money. Having bitcoin instead cash has a large advantages like with bitcoin you can manage your currency with your own fingers according to your own mind, you can make huge transactions with a very fair rates with your own fingers and these days you can buy everything on line with bitcoin and when you need you can change it to paper. |
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1344
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Economy / Gambling discussion / Re: Trading vs Gambling
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on: June 28, 2017, 06:32:20 PM
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since everyone knows that gambling is a better way to loss you btc or money at gambling sites . but trading is not liked by many persons due to mind hardwork of rise and fall of rates of bitcoins .
so better to stay in trading.
Trading is popular for a legit way of making or growing your bitcoins. But it takes time to earn and you must really be patient with it. And in gambling it's like a place where you can earn that quick but the disadvantage is you can also lose very quick. And it can even make you bankrupt and put yourself in a disaster when you get addicted. I think trading profit is high if you know what you are doing, the risk in gambling and trading is very similar (but in trading you can decrease the risks by being a skilled trader). Some people say they can make 1%-2% profit daily with their trading skills. Gambling profit could be higher (as people try to double their money in one day or so) if the gamblers didn't lose more than they earn, and that is impossible to avoid even with skills... Both has the possibility that you can earn high profit. In gambling, not all the times are sweet sometimes it's bitter. But there are times when you suddenly became lucky, you can win higher than the usual amount you are earning with trading. Your one week trading profit can even be earned on a single sports bet depending on the odds. Trading and both can be good options if someone can take both of them side by side. If you are lucky and talented enough to carry both these activities at the same time it will just rock your life. Otherwise decide the one in which you perform best so that you can come with a pleasant outcomes. |
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1345
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Economy / Economics / Re: Bitcoin prices rise high
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on: June 27, 2017, 06:03:40 PM
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Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin
Is this the impact of rising bitcoin prices?
When people will be ignoring on valuing bitcoins, regretting later will be inevitable as per how bitcoin performed so far. The bitcoin price increase definitely will not get impacted by the people who are stopping for their own reasons. Because there could be more number of new people must be joining compared to the people who are leaving off bitcoins. |
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1346
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Economy / Services / Re: DIMCOIN Signature Campaign
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on: June 26, 2017, 11:22:20 PM
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Btctalk name : Cosbycoin
Rank : Sr. member
Current post count : 819
BTC Address : 1CFDSQ2Q3AZW2fmdEYAGD7NoBuEbhoFTHf
Wear appropriate signature . YES
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1347
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Economy / Marketplace / Re: Restaurants accepting bitcoin!
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on: June 23, 2017, 11:47:39 AM
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Wow, sound pretty good but I have no idea where it is. Because in our country bitcoin was not accepted in any restaurant. However I was looking forward that in the future bitcoin was accept as exchange of services in restaurant.
most of the countries have the same situation even in my country i do not think that there is any restaurant where they are accepting bitcoin, but may be still there are some places where they have the opportunities to use bitcoin s restaurant. Yes in my country I also do not think that we have the facilities of using bitcoin restaurant, I think only in big and modern cities where people have good knowledge about bitcoin and are practicing it may have the facilities to use bitcoin in restaurant. I think in my country it will take a lot of time because the users of bitcoin in my area are not good in number. Almost all the people ar ignorant about bitcoin and have no such idea about it. |
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1348
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Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][SNC] SunContract - Decentralized Energy Market
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on: June 23, 2017, 10:16:32 AM
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June 28 is here hopefully many people will invest in this great project. ICO event has been high published both on this forum and on twitter. I forecast success for this project!
Yes, there are big hypes among this cyrptocurrency community about this suncontract's ICO. Many shared that they have already invested with suncontract and still arranging more funds to invest more. After understanding the potential of solar energy market, I guess these type hype are normal and most expected too. |
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1349
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Economy / Web Wallets / Re: Bitadress.org
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on: June 23, 2017, 08:11:46 AM
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Is this site ,,bitaddress.org good for a wallet
Will it work with litecoin,,,or any recomemdations for a litecoin wallet.
Never heard of it before nor have any on hand experience of using it. Visited the site and with all the information I could gather, it is legitimate as they provide you the private key. However, if you are looking to lock your bitcoins for some time, you can use it, if you want a wallet for daily use, this is not the proper one. |
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1350
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Bitcoin / Bitcoin Discussion / Re: How to explain bitcoin to teenagers or children
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on: June 23, 2017, 07:29:32 AM
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I believe that it is too early for children to explain such difficult earnings opportunities, and it will be more interesting for teenagers and modern youth itself can more quickly understand this issue.
yes that is really too early to learn about how make money from bitcoin, because most of the people still earning money from bitcoin and not using it for shopping as currency therefore children still do not need to learn about bitcoin but when people start using it as currency then they should start learning about bitcoin. Yes I agree this really will be too early to learn about. In my opinion there is a specific age limit when you need to step into practical life and struggle to earn money before this time if someone wants to teach a kid to how to earn I think the concerned person will be snatching the childhood from the kids, which is not really appreciated at least by me. |
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1351
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Bitcoin / Bitcoin Discussion / Re: Bitcoin as a source of income?
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on: June 23, 2017, 06:40:51 AM
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I still can not make money from bitcoin, I just bought 0.1 bitcoin from my friend a few days ago and tried trading in poloniex, I still loss, can not trade well, I hope can get income from bitcoin like my friend, I think Not impossible to make bitcoin as source of income
I think for the beginners, try not to buy bitcoin first, instead try to earn it. Join signature campaigns, it pays decently. If you buy coins at first and you trade them and lose them your outlook in the crypto currency will be negative. I hope your friend teach you how to have bitcoin even without buying, just like my friend and I did. Yes, the beginner have to learn before do trade. The novice traders are such as gambler that do trade depend on luck. To be good trader is need time but do not give up and read. In this forum you will get full details about how to earn free bitcoin by doing lot of works, if you take sometime and just go through this forum then you will dont need to purchase the bitcoins and you will earn it freely earning bitcoin from this form is not free, even if you are working for a signature campaign you have work of it you have to spend your time and write posts after joining a signature campaign. But I think earning from signature campaign is the easiest way as there is no risk involved and if you have good knowledge of bitcoins and if you are able to make constructive posts then there will be many campaigns that will allow you to join them to earn bitcoins. I agree with you. Signature campaign is one of the best and easiest way to make money and we don't need money as a capital because time and hassle is enough for an individual to make money in signature campaign. Just like what stated above, good knowledge is enough for a person to make constructive post that can be exchange into bitcoin or money. It is, we don't need spend our money to earn bitcoin. You only need posting on this forum to earn bitcoins. Actually it's not only signature campaign though. You also can use your social media to earn bitcoins, by promote their project or campaign using your twitter/facebook and the rates quite good. Yes I agree the forum is a place where you can earn bitcoin without any capital investment. There are many ways offered in the forum with which once can easily earn Bitcoin also the forum is a great way to learn about the bitcoin which enables you to explore new ways and earn money without following the traditional/conventional practices. |
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1352
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Bitcoin / Bitcoin Discussion / Re: Why bitcoin is not supported in some countries?
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on: June 23, 2017, 06:12:16 AM
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Money laundering, criminal use are some of the reasons why some countries do not support bitcoins.
I think it is silly, though, to show a lack of support for bitcoins.
Not only the reason what you are telling the main reason is its decentralized technology where you cannot find the user behind any transaction as it is not traceable that who is holding the wallet. due to this only most of the gamblers are using bitcoin for gambling as it is used by without giving any identity proof. Yes this might be a reason and I guess this is one of the main reasons due to which the bitcoin is discouraged at various countries to use, the current situation is not favourable for this feature of the bitcoin to be welcomed by most of the countries because it can be a source for the funding of terrorists and such like groups. |
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1353
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Economy / Economics / Re: Why Bitcoin has power nowadays ?
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on: June 22, 2017, 08:02:10 PM
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Bitcoin has become a new power in the world of money as we all know that all sides deal with it so it has to survive until it become the powerful source of life . So what it is difference between bitcoin and other cryptocurrencies? and why Bitcoin has become powerful among other currencies and cryptocurrencies ?
Firstly ,let us define bitcoin by defining cryptocurrency briefly then pass to make a contrasts between Bitcoin ,Dogecoin and litecoin .
We hear always that bitcoin is the money of the future .this expectation can be taken seriousely when we see bitcoin nowadays and how much transactions executed per day which is surprising . we can say that bitcoin is a cryptocurrency and cryptocurrency is a money which is not traditional rather it is digital or numerical which works electronically ; the most common cryptocurrencies are Bitcoin , Dogecoin and litecoin and bitcoin has something special in contrast to others and this specialty is represented by the number of transcations made per day and its volume, so bitcoin and litecoin and dogecoin differ in their volumes which will interpret to us that bitcoin has power nowadays.
In fact bitcoin is increasing exponentially in volume and numbers of transactions which will get us to the hell of thinking that bitcoin may take the lead of other cryptocurrencies if we don't say that it will take the lead of traditional currencies.because it has power which can fortify its presence in today world.
Has power because is the first of its kind and is the first of its kind of a technology which is so disruptive that will change all the conception of the actual society. As we know that money has a power and bitcoin price is increasing and we can buy everything on this. It became very popular in a short time because the people are investment money in this and then they can send to anybody and the can buy each and everything. |
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1354
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Economy / Gambling discussion / Re: What did you buy for money won?
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on: June 22, 2017, 07:20:46 PM
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Last 5 months, i bought a drone and a new moto circle.
At first time, i lost so much but i deceided to gamble with all my coins and it becam a big won
I also made unexpected big win in recent times I bought jewelry for my sister-in-law because she loves jewelry and I bought a car for my father and I send my brother to Europe for visit and I bought a lot of things for myself like jeans, T-shirts, suites, glasses, shoes, boots and much more. And I bought Samsung galaxy note7 for my brother-in-law. |
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1355
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Economy / Speculation / Re: Bitcoin heading to $4,000
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on: June 22, 2017, 06:00:49 PM
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We have still five more months to go until October but anyways I wonder after Aug, 1st what other excuses could these Chinese find to cause another uncertainty in the market and hold back the the improvement? Imagine if Antpool with other pools from China were not such stubborn and manipulative people and could activate SW already we could be @$4000 now and speculate for $6000 instead by the end of this year.
Yes I also think the price after August 1 will determine whether we can hit the $4000 mark by October. It's difficult to predict but hopefully we will get it right. Hopefully by that I have enough btc saved,since some is on exchange. Will see what may happen in August I have seen btc in around $3000 last month, but I did'nt grab the opportunity. Yes, I think you can make hope like this because bitcoin touch $3000 last days and the demand is going high these days soo no doubt it is possible to touch $4000 in august and further on I think it wii rise more and more because people are getting interest in it. |
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1356
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Economy / Economics / Re: Why do people keep saying BTC is dead?!
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on: June 22, 2017, 04:02:43 PM
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The reason is they are not believing to the good progress of the bitcoin. They always saying bitcoin is dead their perspective is so very negative. Bitcoin will never die many experts say that and many people know about it.
to me i think some people may be very new in bitcoin, they may not have any experience about bitcoin and may be some people know about bitcoin but they have not got the chance to buy bitcoin in a low price, therefore now they are trying to spread false news about bitcoin and let its price fell down so that he can get chance to buy bitcoin in low price, but i think will be a useless attempt, because people are now mature and they are not going sell bitcoin in panic selling. I think you are right many people are new using bitcoin and many people wants to get bitcoin at low price so they spread this kind of issues I think at what progress the bitcoin is going upward it nearly impossible to be dead . the person who is afraid of such kind of talks should read the progress of bitcoin. |
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1357
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Bitcoin / Bitcoin Discussion / Re: Why Cash is better than Bitcoin.
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on: June 22, 2017, 02:04:13 PM
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Because cash is better than bitcoin because cash can be anytime we use offline and transfer invidu, and cash cas fixed on our fiat value and not too worried when compared with bitcoin
Yes, still money is better than bitcoin because we can buy any thing any where and any time with money . but this is also a fact that bit coin is making progress rapidly and bitcoin increase its value very very high in a few year s and it will take no long time when every thing will be reachable with bitcoin . |
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1358
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Bitcoin / Bitcoin Discussion / Re: So Bitcoin is better than Gold?
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on: June 22, 2017, 01:07:43 PM
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So Bitcoin is better than Gold?  I dont think so. Its still depends on the users. IF you are not a bitcoin users then you can say that gold is better than it especially when you are a gold holder. But if you are a bitcoin holder then you can proudly say that bitcoin is better than bitcoin. But i believe that they are equal and the same as long as it helps me I dont need to compare what is better between the two. Yes you are right that it depends on the users but mostly people are un aware of bitcoin. It is now the initially stage of bitcoin. Bitcoin had made a remarkable value in market and many businesses are using bitcoin in trade at this time I can say that bitcoin is better than gold and in future everyone will say that. |
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1359
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Alternate cryptocurrencies / Altcoin Discussion / Re: switching from btc to alts? Can altcoins sustain upward trend?
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on: June 22, 2017, 12:08:50 PM
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The dominance of the bitcoin is dropping significantly and there are issue about the transaction fee and then there is also an issue of forking really make bitcoin unstable, and in the other hand alt coin keep on showing its potential, if this keep on continue bitcoin can lost the top place, but for now bitcoin still strong on the top and it is not that easy to replace bitcoin
Well I don’t agree with this bitcoin is still the most trusted coin in the cryptocurrency. There is no doubt that the alts may be offering a low transaction fee but look at the market cap of bitcoin and that alt if they both have the same market cap then this comparison will be right otherwise of no use. |
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1360
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Economy / Speculation / Re: Will we ever see bitcoin lower than 1000$?
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on: June 21, 2017, 08:29:52 PM
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I'm not gonna say a strong NO to this question. Bitcoin is still around $2500 but this doesn't mean it will never come back to $1000 region again. Any technical issue about itelf could cause a huge dump. Or imagine US banned users to withdraw from exchanges. This would cause another dump.
I think its nearly impossible now because bitcoin demand is rising high to higher now many contries allowing bitcoin to be used in trades and markets. I think bitcoin has a bright future and the prises is going to high so I think we will never see bitcoin lower to $1000. |
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