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101  Economy / Economics / Re: why do people agree to pay taxes? on: April 15, 2018, 04:20:30 PM
why is it ok for a group of people calling themselves the government to force everyone to buy their services?
if enough armed people refused to pay and told the government to go fuck itself there is nothing they could do.

tax is very important in the life of the state, because the tax levy is allocated to the welfare of society within a country, when the tax is pulled by the government and the government does not provide optimal service to the community we better ask where the allocation of taxes, why must exist taxes to society but society does not get something from the levy, the result of social gap will befall society and society should know that, its name of service of automatic society have to give the best for society
Look at U.S, China, UK, Germany, etc. these countries are the rich country in the world. What is the reason helped these country have this result? Because the people of these countries really want to pay tax and the governent used the tax that was reasonable and clear, always solve the needs of the society whenever needed. Infrastructure in these countries is always at the top of the world.
102  Alternate cryptocurrencies / Altcoin Discussion / Re: If Bitcoin dies does altcoin die? on: April 15, 2018, 04:11:20 PM
In my opinion Altcoins would not die if Bitcoin died. You are right that most altcoins are traded only against BTC and this surely is a problem, but I apparently believe that this would be a problem that would be solved if Bitcoin died for some reason.If at any time Bitcoin disappears the first Altcoin to replace it is Ethereum, why? Compared to other Altcoin Ethereum development is very fast, plus support from the excess of this coin makes more and more demand for many investors.
Actually Bitcoin never die, as long as it still has user, the Bitcoin system still run until that user stop to use Bitcoin. Bitcoin was a system with a little of users used it in the past. But thanks to what things the Bitcoin community made, Bitcoin became an asset for investment and has a high price like now. You should to read again the nature and how to run of cryptocurrency, it is neccessary for your knowledge.
103  Bitcoin / Bitcoin Discussion / Re: Offline Wallets Vs Online Wallets on: April 15, 2018, 03:56:09 PM
I usually use online wallet because im always travelling and going to work. But if you want a more secure way of saving your tokens and coins you should use offline wallet and hardware wallet.
Yes right, the main reason to use online wallet because it is easier and simpler, and more than 2 years I use Xapo and blockchain never encountered any problems.
Because Xapo and blockchain.info are the trusted site to store Bitcoin through online wallet. Their services can earn many profits every day. Therefore, I do not think they want to give up that profit easily with a scam their user. Because for long term, they will not have a better life while the police always find them Grin
104  Economy / Trading Discussion / Re: you need to overcome your fear of losing money on: April 13, 2018, 04:51:18 PM
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Nothing is easy , Every business contains profit and loss , trading is just like gambling! You can't reach your destination until you fall in it's way.

That's right, nothing is easy in crypto currency world and there's no shortcut for success. You must do hard work in order to achieve it, you must sacrifice some for you to have experience in order to overcome the fear to lose more money. And if you have experience and knowledge at the same time and also the luck favorable to you, surely success will come to you. We all know there are many people who became rich here in crypto industry because there are the ones who take the risk and not afraid of losing their money.
Use your brain, experience and your skill to get money from here. Nothing is easy and the profit will automatic come on to your balance. It can takes a long time. You have to spend much time to find the answer for your profit and until you get success, your profit will "automatic" available for you.
105  Economy / Trading Discussion / Re: Is 1000 btc Possible on: April 13, 2018, 04:33:55 PM
1000 BTC is my goal to achieve when investing in the cryptocurrency market. Although things are going very hard, I still try my best to achieve my goal. I think that when I achieve my goals I will use the money I earn to do the things that I love.
LOL, 1000 BTC is a dream for currently. Because you can not have that amount just through earning on this forum. Can you tell me about the plan to earn that amount in the future? I am really want to know which field you can earn that amount different use money you earned from your job to buy Bitcoin instead of work on this forum or the field is related cryptocurrency.
106  Economy / Trading Discussion / Re: Loss in trading on: April 13, 2018, 04:22:52 PM
When you bought at high price and the price going down for the better cut loss it as soon as possible, because in that moment many trader taking profit so the price will be continue drop,  and buy back at lower price. This is better than hold to minimize the risk, but when you lose until 50% that will be too late to cut lose it, best way just hold that coin and waiting for other bullish.
Did you trade without stop-loss position? As you said: "until 50%" loss mean you did not trade with a stop-loss positio for your investment. Trading is not a game, so, you have to create some ways to help you keep your mind always relaxed and calm. Because you should not become a panic trader, lose 50% just make you become panic seller sooner than others.
107  Economy / Economics / Re: BTC is a roller coaster on: April 13, 2018, 04:12:07 PM
Bitcoin is like a rollercoaster and it is currently at the top, this should lead most people to conclude that a drop is due before it continues the upward trend overall. When it is swinging hundreds of dollars in a day, taking it as an investment is pretty much gambling like poker.
Yeah my friend bitcoin will consider as a roller coaster which the volatile movement that the value will anytime will goes down and goes up.
Bitcoin has been a rollercoaster ride but it seems that it's now shift to escalator that going down. I'm hoping that the direction will reverse as we are aiming for a better profits.
its reasonable indeed because bitcoin high fluctuation. maybe now is not time for roller coaster to move up, then shouted as powerfull as not to heart attack like ride roller coaster
Bitcoin has a cycle increased its value too much on the market. It became the trading pair for future trading market, the place for those who from Wall Street easily to join in this field. Of course, I know many billionaire want to investing in cryptocurrency, even, they want to control the market as their scenario.

Just by looking at bitcoin's meteoric rise in the last couple of years, most of us should expect that something drastic should happen specially the madness of December last year. Everyone thought that we are going to $100K, sadly the market reverse itself.

So this roller coaster ride will continue. Actually it will be a roller coasting ride because money flows will not be that consistent as well. Some are offloading, while most of us are hoarding. So if you are for the long haul, you wouldn't be surprises at all. And the more you ride it, the more you can gain profit in the future.
Well, a field just getting started to the begin of financial market (Wall Street) can not die easiliy like the prediction of many people on the world. I believe Bitcoin has a great future, it is the investment for long-term up to 10 years. Those who can not wait more, they should to stop now and sell their Bitcoin to me at the current price Roll Eyes
108  Economy / Trading Discussion / Re: How to trade without losses on: April 08, 2018, 10:26:35 PM
Sadly to say but u canot trade without looses , good trader need to fix profit but they need to fix losses too or u will be investors for every without any profit Smiley
Yes, this is one of the sad reality that in trading you have to bear the losses as well because it is never ever going to be the win win in trading irrespective of how much professional and specialist you are at the trading. But one thing which I have learnt from my teachers in trading is to minimize when it comes to the loss and maximize when it comes to the profit, because the minimum loss is also a kind of profit. There are other techniques as well but none of them is without loss.
That is the management skills in financial market. However, I do not think this skill not only for financial market, I think manage your funds, calculate how many money you can lose, earn from anything is very important to know your next move clearly. Especially a market always make you doubt, fearing like cryptocurrency, you need to have confidence in your decision.
109  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: April 08, 2018, 10:12:00 PM
For the first time, when I look at the offers on LocalBitcoins.com, there are a half-dozen currencies ahead of the US dollar, offering a higher price for Bitcoin than US dollar users.

Euros, South African Rands, New Zealand Dollars, Hong Kong Dollars, Polish Zloty, Malaysian Ringgits.

It is no longer just the US, EU or even China driving adoption.  There is a market for Bitcoins in major countries all over the world.
it was already a global currency but it was only a crypto so it was a digital currency and it was good for us it was a same like a true currency.
Yes true, it can be said that bitcoin is becoming a global currency, everyone from various countries is free and easy to trade with bitcoin so it only takes recognition from many countries to make bitcoin is international currency.
LOL, international currency means Bitcoin must support all transaction of the people on many countries. Do you know the Bitcoin system have not enough capacity to do that? Never, I am sure Bitcoin never become the international currency until its system can support few trillion transactions every day.
110  Economy / Economics / Re: Are cryptocurrencies better than regular currency on: April 08, 2018, 09:58:36 PM
Honestly I believe bitcoin is better since one you don't use your credit card so you don't loose you needed cash but instead your cash that you could easily earn back from mining. Plus, it's open to all ages unlike credit cards.

Bitcoin and other cryptocurrency is better from our paper money. Bitcoin or cryptocurrency have limited supply and with blockchain technology, bitcoin or other cryptocurrency have transparant ledger that can watch by everybody.
But it does not mean the information of owner that Bitcoin, cryptocurrency address will be show for everyone. That is the reason Bitcoin is more anounymous than FIAT for using. Especially when you want to evade the eye of others to create a huge transactions for transfer or make deal.
111  Economy / Economics / Re: BTC is a roller coaster on: April 08, 2018, 09:19:20 PM
Bitcoin is like a rollercoaster and it is currently at the top, this should lead most people to conclude that a drop is due before it continues the upward trend overall. When it is swinging hundreds of dollars in a day, taking it as an investment is pretty much gambling like poker.
Yeah my friend bitcoin will consider as a roller coaster which the volatile movement that the value will anytime will goes down and goes up.
Bitcoin has been a rollercoaster ride but it seems that it's now shift to escalator that going down. I'm hoping that the direction will reverse as we are aiming for a better profits.
its reasonable indeed because bitcoin high fluctuation. maybe now is not time for roller coaster to move up, then shouted as powerfull as not to heart attack like ride roller coaster
Bitcoin has a cycle increased its value too much on the market. It became the trading pair for future trading market, the place for those who from Wall Street easily to join in this field. Of course, I know many billionaire want to investing in cryptocurrency, even, they want to control the market as their scenario.
112  Economy / Economics / Re: Why have Bitcoin instead of cash? on: April 07, 2018, 08:37:03 PM
Well, I really don't think that there were many benefits about using bitcoin over fiat at the moment for the average person. But in terms of its future potential and benefits I'm interested in. Bitcoin is very risky and volatile coz as we can see as currently as the price tends to go down than up, but if it gets adopted by more people or industries in the future then the value should steadily rise. There's also the benefits of you being in charge of it, so it would help citizens like in Greece or Cyprus who's banks were restricted or even raided. Therefore there are many different reasons in choosing the currency between bitcoin and fiat.

I agree with you that there is no real advantage to use bitcoin instead of cash because as of now, bitcoin is still struggling to be used as a mode of payment in some countries or places and that is one of the proof that it is not yet ready for us to accept bitcoin and use it for a daily basis activities so we still need cash over bitcoin.
An important we should to remember is the value of Bitcoin. Its value is the reason makes it can not become a currency for daily basics. Spend small Bitcoin will make you create more transactions for the Bitcoin system. While the Bitcoin system can not receive much transactions everyday. Its capacity is lower than a lot for the demand of all users on the world.
113  Economy / Economics / Re: Is bitcoin really secure on: April 07, 2018, 08:26:02 PM
For me yes because no one can control bitcoin so bitcoin is secure but as being user we can make bitcoin more safe to anyone here by choosing a bitcoin trusted wallet here in the world of crypto.

Bitcoin was very secure with the help of the blockchain technology. Blockchain has incredible encryption that it needs a quantum PCs before they can genuinely hack bitcoin. Bitcoin protected, and that is the reason that individuals are taking premium and putting cash in bitcoin. If it isn't secured then for beyond any doubt, it has been hack numerous years.






Some people directly conclude that Bitcoin is not that really secured. If they will only do some deep research about its features then probably they will change their mind. It's been almost 10 years since it was created and we still see this coin getting more popular and many of us are now starting to adopt the technology. Bitcoin will never survived up to this year if it is not really secured so for those people who think this kind of perspective, then maybe they were wrong.
Until 2030, the ability of security in the Bitcoin system can be old and must changes. As far as I know, until that time, the power of computer and decode SHA256 of Bitcoin system. So, I hope the Bitcoin devs can update Bitcoin code before this future happens. Changes to new system can helps Bitcoin increases its value too.
114  Economy / Economics / Re: Bitcoin will control the world economy!!!!! is it true? on: April 07, 2018, 08:07:41 PM
Some media shows that bitcoin can be the next weapon to control the world economy. i think it is true and it will be seen soon. 
It will control soon maybe as long as the people  have a knowledge and ideas about it how it will it work for them

Not sure if it can control the world economy because for that entire world has to accept the bitcoin which is not happening. So you can say a portion could be used for the payment in the world which if accepted in major countries would be possible else this would just a dream only for people.


First of all, Bitcoin can not control the world's economy is right. But I do not think the Bitcoin technology can not do that. Blockchain has enough ability and power to change the world's economy someday. At least, I believe blockchain will be use by many countries and large companies on the world. It will become the new solution to against hacking attack and keep safe for any information, system want to secure.
115  Bitcoin / Bitcoin Discussion / Re: Bitcoin as payment system on: April 07, 2018, 07:32:44 PM
We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  Undecided

And how do you see it's future?



Well its happening right now, you have to pay in Bitcoin in some entities which is also great , cause the application of Bitcoin as medium of payment expands whixh will help us to have a better amount of Bitcoin, but still number of countries who accept Bitcoin already is not enough for now to connext the expansion globally.
No, if the government want to use Bitcoin for global transaction, it will become a biggest problem between countries. Because there are many countries still do not accept Bitcoin is legal. No legal framework for cryptocurrency, it made some countries can not use Bitcoin for the country's economy.
116  Bitcoin / Bitcoin Discussion / Re: Do Banks fear cryptocurrency on: April 07, 2018, 07:20:02 PM
Crypto currency are created to solve the different problem related with economy sector. Many people who trust on bank but feed up with its process of money transaction. Due to this many people using  crypto currency as a alternate process of money transaction. The government and central bank of that country regulate a their country money supply and circulation. But in case of crypto their is no central authority to decide how many crypto to create and distribute and this thing affect the country economy and bank profit. Another thing is privacy. People who use crypto they doesn't give their full information.  people use of crypto currency instead of real money to and their features put an negative feedback on a bank reputation and profit  Kiss
Actually only decentralized system of cryptocurrency made the banks feel it is not safe to apply it so much in the future. Depend on the cryptocurrency to build the banking system will not give the banking system have better benefit. That is the reason the government still want to keep centralized system for the world's economy (included the banking system).
117  Bitcoin / Bitcoin Discussion / Re: Bitcoin in College??? on: April 01, 2018, 05:28:28 PM
i think there are a lot of people that thinks about it. But you should generalize or change it to something like blockchain technology or the whole crypto currency itself and maybe they don't see the potential of it in today's world. For me,in the near future, it will be a subject in technology and computer related programs. It would be better for us to study it in colleges so that the knowledge we have is valid.
My friend is doing PHd in blockchain from Malyshia, therefore blockchain is already teach as a subject at university level. i think that it will be a great idea if we start teaching about bitcoin at college level, because in future we can expect that the whole world is going to start using bitcoin as online currency they will use bitcoin for shopping in their business and for so many other purposes, therefore it will be a great idea if our young people become aware about bitcoin in advance.
If Blockchain become more popular on the world in the future, I believe the value of Bitcoin will be better too. But, remember, Bitcoin can not become a currency like Dollar or Euro. Because its value is not reasonable for using, it is useful to using like an asset for holding long-term like Gold. Beside that, with blockchain technology, the government can build their digital currency anytime. Like Petro of Venezuela recently. Wink
118  Bitcoin / Bitcoin Discussion / Re: When will banks start a war against bitcoin on: April 01, 2018, 05:13:25 PM
Its hard to prognoses. Banks will negatively not try to resist to bitcoin if they don't feel that it seriously influences their business that now not so. Even closing of accounts is connected with chargebacks and so forth the most part of time, but not direct war against bitcoin
The fact, Bitcoin is affected by the government and banking system. You can see many rumor and FUD from these forces made the value of Bitcoin dumped many values within short time in this year. I can not negate the whale also control the value of Bitcoin and take advantage these FUD to make the Bitcoin price become lower more.
119  Bitcoin / Bitcoin Discussion / Re: Offline Wallets Vs Online Wallets on: April 01, 2018, 05:00:45 PM
Offline wallet is still the best vs online wallet but me was alwasy using online wallet like apps wallet and webs wallet to transact my bitcoin. I think online wallet is more easy than offline wallet and online also secure like blockchain wallet that using seed and you holding the private key.
No, you do not have any security for using online wallet, even an online wallet can provides you optional to own your private key. It does not mean that service does not have your private key when you are keeping it. Only trusted offline wallet guarantee safe by the trusted member on the Bitcoin community user is safe. Example Bitcoin Core, Electrum are safe offline wallet (desktop walllet).
120  Bitcoin / Bitcoin Discussion / Re: Saving Bitcoins for your Children. on: April 01, 2018, 04:48:12 PM
I also save bitcoin for my children's future. I believe that bitcoin someday, will help my children, not just for everyday usage but also for their education. Maybe mu children is not familiar with bitcoin but in time i can introduce bitcoin to them. Actually, now i am using bitcoin in my son's school eventhough he still in gradeschool. Bitcoin really a very big help for us especially in my hard times. When i needed something for my everyday use. That is why i am trying to have more bitcoin not just investing for my childrens future but also for our more stable life.
Although thanks to Bitcoin helped me have better life, because if I did not know Bitcoin in the past, I never know altcoin and this forum. Then, I also do not have money to improve my life and buy a house for family. But, I can not keep and use it for long time. I know which thing is better and how much time Bitcoin is still the hot trend on the world. So, I choose to become smart user instead of an addict always want to using Bitcoin anytime.
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