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3201
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Economy / Economics / Re: Is limited supply of bitcoin a hinderence?
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on: March 21, 2016, 09:21:42 AM
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I don't know why someone would think that they can't get more bitcoins. You can buy them off an exchange whenever you want.
Because they believe bitcoin price will go beyond their purchasing power in future.Even at current price, many people can't afford to buy a whole bitcoin people are to stubborn thinking in fiat terms, you don't need more coin, you need more value per coin, stop comparing it to fiat trash where they keep printing endless because the value keep dropping
bitcoin work as opposite of this, you need an increase in demand(this is the primarily problem) that will exponentially increase the value of each coin, so you need less and not more
That's what I meant to say.Everyone believe that value of their coin will exponentially increase in future so they want to save it till that happens. |
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3202
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Economy / Auctions / Re: [AUCTION] Lowest BIN DOMAIN
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on: March 20, 2016, 10:13:35 PM
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selling domain
infotechnology.science
Starting bid : 0.000001 btc
Increment : 0.0000001 btc
BIN : 0.000001
Ends after 24 hours from now
As far as i know these kind of domains (.science) were free to register last year, will it expire on April? I got an email from them that the domain renewal costs 3.62 GBP, anyway i would start the bid at 0.000001 btc. You,being the only bidder,have won this auction.Please pm me your Alpnames username and customer id for quick push of domain to your account |
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3203
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Economy / Economics / Is limited supply of bitcoin a hinderence?
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on: March 20, 2016, 10:05:08 PM
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we know that only 21 million Bitcoins can be produced and this make most people to think that they might not be able to get bitcoin again if they spend them heavily.
This thought leads to storing bitcoin rather than spending them.IMO this is a great hindrance in bitcoin becoming mainstream.Your thoughts?
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3204
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Bitcoin / Bitcoin Discussion / Re: Storing of Bitcoins is against Bitcoin.
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on: March 20, 2016, 10:00:30 PM
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I have some bitcoin for saving and some for spending.
That is the best policy but unfortunately not all of us have that much bitcoin.I think the mentality of storing bitcoin comes from the fact that bitcoins have limited supply and only 21 millions bitcoin can be produced.This lead people to think that they might never get back their bitcoins if they spend them |
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3205
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Economy / Services / Re: Have a Paypal Account? We give you minimum 10k per week
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on: March 20, 2016, 09:52:32 PM
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well am doing this before with one of my client.he give me 50% and he take 50% but the problem is am loosing my 20 pp account which have fully verified.some account have over $2k charge back.you can get more money with this but this is not legit.and have need more account or ability to create more account.  I suppose you are the alt account of Op and vouching for this system to entice people into doing this.If not,can you please tell me how can one person create 20 PayPal verified accounts? PayPal requires personal information supported with proper appropriate documents to verify account and have policy of one person one account, how did you verify all your accounts? |
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3206
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Economy / Auctions / Re: [WTB] Facebook page
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on: March 20, 2016, 09:44:21 PM
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Can you sent me message about your buget? I can make new facebook page for you if you want
I can also make a fb page in minutes its not a big deal buddy.The difficult part is getting genuine real likes.If you can get me real likes,pm me you rates or if you have any page that meets my criteria,send me page details and we can discuss price |
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3207
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Bitcoin / Bitcoin Discussion / Re: What to do with your 13 bitcoins
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on: March 19, 2016, 10:27:23 PM
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What is your favorite part of bitcoins. Sorry about writing about the 13 bitcoins, I was writing it for another person and by mistake it ended up here
Well the favorite part has to be that no government controls it and this does give a great freedom to it's user plus other factors like it's very minimal fee as opposed to other traditional monetary system is huge plus for me. Also I would advise to change the title of the thread so it won't mislead others. My favorite part is that bitcoin has a potential to make me rich.I am acquiring as much bitcoin as I can and hoping it reach at least $10k so that i can cash out all my coins and become wealthy  |
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3208
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Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon?
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on: March 19, 2016, 10:09:14 PM
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No I do not see this happen at all in my opinion this is highly unlikely because the dollar is to big and the bitcoin is depending on it.
Its all a matter of time before the bitcoin maybe can take it over and replace it but the chance is less more than 40% for sure.
Yes that is simply not possible that bitcoin will replace dollar in near future, as it will require a strong and valid reason to replace it and as of now we don't see anything like that. Yeah dollar is very powerful and not that easy for any crypto to replace it as market cap of dollar is huge and bitcoin is too small in compare to dollar. Bitcoin will also be powerful in future and we should give some more time to it and we should support it and we will see much better bitcoin in future. The value if bitcoin is always calculated with respect to dollar.If I try to explain the benefits and convenience of bitcoin to my friends,they dont show much interest but as soon as I tell them 1 bitcoin is sold for nearly $400,they become very interested and start asking question about bitcoin. .so the bitcoin replacing the dollar is unimaginable at this moment |
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3209
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Other / Beginners & Help / Re: Video: Bitcoin's blockchain technology explained in 2 minutes
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on: March 19, 2016, 09:49:50 PM
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Yes this video is great.
I think many more videos should be made in simple english. Much more needs to be done to promote bitcoins to new people if it is to have any traction in the future. The more people understand the basic concepts of bitcoin the more they will tell friends and the more it will be used.
Here is another video that explains bitcoin to laymen in simplest way. http://Lmp4.com/video/view/41833177 This video is also available in Mp4 format to download on mobile.You can also share it on social network sites including whatsapp app with just one click |
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3210
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Economy / Auctions / Re: [WTB] Facebook page
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on: March 19, 2016, 09:17:20 PM
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I want to buy a Facebook page with at least 10,000 real likes.Page need not necessarily related to crypto but MUST not be adult,sex,porn,gambling etc related.
Escrow is must
you also can try on freelancer, there are soo many people offering this Does it accept bitcoin? I can pay with bitcoin only |
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3211
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Bitcoin / Bitcoin Discussion / Re: Storing of Bitcoins is against Bitcoin.
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on: March 19, 2016, 09:08:13 PM
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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.
I also agree with you, storing bitcoin is actually for the support and strength of bitcoin when more people hold bitcoins and also continue to buy more and more then the price increases. But we should not forget that bitcoin is originally a currency and storing a currency for a long time by everyone will eventually make it obsolete.Unless people dont use bitcoin and spend it,they would not know the benefits of it and unless they know its benefits,they will not adopt it.As a matter of fact,bitcoin in circulation is more beneficial to Bitcoin than storing them.This is not to say that people should not save bitcoin for future,they should but storing and savings are different things |
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3212
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Economy / Trading Discussion / Re: Is it possible to buy bitcoins by paypal?
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on: March 19, 2016, 11:39:45 AM
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i think no, its too risky for buying bitcoin with paypal
because paypal have dispute system, and it makes you gullible
Its completely scammy one paypal. Better to buy with fiat cash itself. I dont understand why people here are so anti PayPal.I am a domainer,blogger and website seller,I frequently receive payment via PayPal and never faced any problem.If the parties involved in any deal or business are honest,there is no problem if you use PayPal or bitcoin |
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3213
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Bitcoin / Bitcoin Discussion / Re: Is there anything non-illegal exclusive to bitcoin?
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on: March 19, 2016, 11:32:48 AM
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I don't think there is. It doesn't make sense why any merchant would want to offer bonuses at their expense if you use Bitcoin instead of Dollars. Sure you might find a few diehard Bitcoin fans willing to cut their own profits just to promote Bitcoin but that's going to be rare.
I've come across a few sites selling electronics and such that only accept BTC but the prices were ridiculously high compared to regular stores.
They save on transaction fee while receiving payment with bitcoin,they can pass on this benefit to customers.There are many advantages to using bitcoin for both customers and merchants as well |
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3216
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Economy / Speculation / Re: $1 million for 1 bitcoin.Here is how
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on: March 19, 2016, 10:18:12 AM
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You should ask nicely of ISIS to accept bitcoins for oil or whatever goods they have to sell. I will if you gift me all your coins You should ask nicely of ISIS to accept bitcoins for oil or whatever goods they have to sell. Even then, it won't raise bitcorn price. Maybe if the Sauds accepted bitcoin, it might boost the price, but not to $1million level.
Saudis can not go against their masters I.e US government.Remember it was saud king who convince all arab nations to accept USD for oil.Chances of saudis doing same for bitcoin is negligible |
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3217
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Economy / Auctions / Re: [AUCTION] Lowest BIN DOMAIN
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on: March 18, 2016, 10:17:26 PM
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selling domain
infotechnology.science
Starting bid : 0.000001 btc
Increment : 0.0000001 btc
BIN : 0.000001
Ends after 24 hours from now
As far as i know these kind of domains (.science) were free to register last year, will it expire on April? I got an email from them that the domain renewal costs 3.62 GBP, anyway i would start the bid at 0.000001 btc. Yes they were free a year ago but not now even .xyz domains were free few months ago but now you can hardly find any good domain in this extension. Yes the domain will expire on 29 March 2016 |
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3218
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Economy / Speculation / Re: $1 million for 1 bitcoin.Here is how
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on: March 18, 2016, 10:14:49 PM
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It's not possible. First people were talking about Bitcoin reaching $5000 and then $10,000 and then $100,000 and then $200,000 and now $1,000,000. What's next?
It is not impossible either.Remember bitcoin was less than a cent during its initial days and now it is above $400.If it can reach more than 1000 times of its price since than,there's possibility that it reach $1 million also |
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3219
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Local / India / Re: What is the best way to buy bitcoin?
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on: March 18, 2016, 09:45:16 PM
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i mostly use localbitcoin.com for buying,selling and trading bitcoin. that is trsuted secured and they have lot of security. you also can buy and sell bitcoin in lowest and highest rate by this.but in exchange service you can't.
is not localbitcoin also a bitcoin exchange? |
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3220
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Economy / Auctions / [AUCTION] Lowest BIN DOMAIN
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on: March 18, 2016, 09:43:27 PM
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selling domain
infotechnology.science
Starting bid : 0.000001 btc
Increment : 0.0000001 btc
BIN : 0.000001
Ends after 24 hours from now
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