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401  Bitcoin / Bitcoin Discussion / Re: If people stop buying bitcoin on: November 02, 2017, 01:31:27 PM
It can not happen, and don't fantasize,Bitcoin is getting popular, it will never fall I'm sure of it.Instead of asking such questions,Better to buy as much bitcoin as possible because the price will go crazy.

I do not think so. Bitcoins have grown up and people have noticed that you can get rich by this. They buy, sell and sell. This is the market. Only fools do not want to get rich in such a simple way.

Yeah now the bitcoin is getting more and more famous and people will buy more instead of leaving to buy the bitcoin. I hope the bitcoin will be the world’s most popular currency of the world, in the coming days the bitcoin will help all the people to use the bitcoin and the bright future is the dream of all the people which is going to make the whole world safe and secure.
402  Economy / Marketplace / Re: How can we encourage local businesses to accept BTC? on: November 02, 2017, 01:06:32 PM
Every time goes by some of countries starting to build a learning about bitcoin technology i think in the near future bitcoin will be more popular around the world and each country will build their own digital system to accept bitcoin then that is the time to encourage small business to make a step to accept bitcoin as part of their business its hard for now because bitcoin is not yet fully legalized that is why we need to wait for the moment that all people know about bitcoin.
It is going to happen for sure because the value and the popularity of the bitcoin is increasing more and more in the future and it is the time be the most rich person of the world. The value and the price of the bitcoin is now getting high and the price of the bitcoin will be the best thing in the future, I like to have the bitcoin and get in the bitcoin for the long time so get in the bitcoin and buy the more to encourage the other people.
You are right the price is increasing and it is the best business for a lot of the people the bitcoin income is the good source for all the people because as much as this time you will invest in the bitcoin you will get the profit and the income and the other resources for the bitcoin will be there for you. I am very happy to buy the bitcoin and to hold till the price of the bitcoin it will grow more and more as the best business.
Yeah now all the people are aware of the bitcoin price and the profit, I hope in the future all the people will start the business with the bitcoin and the value of the bitcoin will be more than this if the local businessmen will invest in the bitcoin and they will trust the bitcoin and will take the risk of the bitcoin at the same time I hope this will make the bitcoin better than before and all the people will invest in the bitcoin.
403  Economy / Marketplace / Re: Would this be a good idea? on: November 02, 2017, 12:41:04 PM
I have funds outside of Bitcoin, do you think a service where I buy for things that only accept real cash i.e https://g2a.com, amazon.com or anything else. And I receive Bitcoin?
Obviously escrow can be used, or people can pay upfront, whatever the case is.

Bottom line, is this a good idea?

Its ok to go about. But you need to see how many are ready to do this. Because, everyone started purchasing online with their credit cards, debit cards or cash on delivery. Any way good luck.
Yes I also submit that if you buy something from any site, they will deliver your order and to the delivery person you can pay in cash. It is not a problem, but I will suggest you to buy some bitcoins and keep them in your wallet and when you need to purchase something anywhere in the world you would be able to pay with your bitcoin and there will be no need to exchange your cash or any other obstacles in paying the bills.
Yeah there are a lot of the sites to buy the things from using the bitcoin, and this is the best idea all the markets are now using the bitcoin and they will have the best future in this if they will introduce the new forums and the markets that will accept the bitcoin as the payment and the payment is not very difficult now because the bitcoin is famous and all the people are aware of the bitcoin how to use and how to spend.
404  Economy / Economics / Re: Which country will be the first to legalize Bitcoin? on: November 01, 2017, 07:54:08 AM
Germany was the first country to recognize bitcoin as private money (or currency).
Well to be honest I am not aware of this reality and I am happy read your post and it has increased my knowledge and the information of the bitcoin acceptance. I hold the bitcoin and here in my country bitcoin is being use for the payment and the other purposes, money can be use but the bitcoin is easy and simple to pay no one will be able to take the extra income and tax from your pocket if you will use the bitcoin as the legal currency.
Well bitcoin is already legalized in some countries and I think japan was the first country who make bitcoin legalized in his country and I’m quite sure that rest of countries will also accept bitcoin because bitcoin have a power that can compel any country to make bitcoin legal in his country because they know bitcoin can play a big role in their economy.
I think Vietnam was the first country who legalized bitcoin as their legal and regular currency and started using bitcoin in their local markets. Now they have ATM machines of bitcoin. Gradually many other countries like Japan, India, South Africa, have legalized bitcoin and now Russia is going to legalize bitcoin in 2018.

It means that the world so turning towards bitcoin and in the near future the entire world will use bitcoin as a legal and regular currency.
405  Economy / Economics / Re: Bitcoin has gone beyond gold prices on: November 01, 2017, 07:26:08 AM
I think bitcoin will hit 50 or 60 000 dollars, its very possible !
Yes you are right, the price of bitcoin is now very high and most of the people cannot buy even a single bitcoin. On the other hand most of the people and I think everyone has some gold because the price of gold is not too high. Although many people do not have such financial position to buy gold but they have bought gold in a very little quantity. The price of bitcoin is far beyond than the price of gold but the value of gold is far beyond than bitcoin.
406  Bitcoin / Bitcoin Discussion / Re: is it possible? on: November 01, 2017, 06:57:46 AM
It would be good it it could be a worldwide currency but it would still create problems. 7 billion plus people sharing 21 million coins. The price is very volatile where hundreds can be lost or gained in hours.
Everything is possible in this world. Nothing is impossible. It is the choice of all the people which currency they want to use and why?  Many people in the world still do not know the name of crypto currency and they do not have any idea to invest in some crypto currency for our future, because they do not believe in digital currency. But it is possible that in the near future they also start using cryptocurrency.
407  Economy / Trading Discussion / Re: Investing all my savings! on: November 01, 2017, 05:53:05 AM
My suggestion is not to invest all your savings to crypto, moreover just to take positions without doing any technical and fundamental analysis. If you are not a pro trader and wish to invest your savings I suggest you review Covesting. Imagine a venue where you could follow top cryptocurrency traders from around the world and profit together with them. You would be able to see a previous performance of each separate trader, evaluate risk ratios and read reviews. Everything would be transparent and intuitive. Instead of analyzing the markets, you would have an easy job of analyzing the performance of real asset managers, and "hire" the one matching your risk appetite and profit goals. You would literally have a place with combined wisdom and experience of hundreds of professional cryptocurrency traders at your disposal. Hows' that sound? Would you be interested in becoming a part of such community?
I am not in favor of investing all the savings in bitcoin because if the price becomes too low it means that you will lose a lot of your investment and it is not good.

You must keep some money in your bank account because if the hard times start due to lose in bitcoin investment you will survive easily while having money in your local bank account. Otherwise you will be intense if you invest all the savings you have.
408  Economy / Economics / Re: How to invest in bitcoin? on: October 31, 2017, 08:32:26 AM
I think you can get a lot of information in this forum on how to get bitcoin, you can get bitcoin without buying with your money by joining bounty campaign and some sites offering cooperation to get bitcoin reward but if you have more capital you may invest to Bitcoin with buying at exchanger and certainly there will be benefits when bitcoin prices will go up.  Smiley

we can get bitcoin by joining bounty campaign, but I've heard that bounty signature is more cesarean gift. it seems to join the signature campaign the best way to get bitcoin for free.
Yes, The best method of making bitcoin is to joining signature campaigns as many as you can. These campaigns pay you off in the form of bitcoin and in this way you are not supposed to go through the hectic process of verifying your identity etc.

The other method of earning bitcoin is to offer your services in the portion available on this forum as well. People do pay off in bitcoin when you work for them.
409  Economy / Trading Discussion / Re: Where to invest bitcoin? on: October 31, 2017, 08:02:15 AM
Better divide your bitcoin and invest into 4-5 stocks. I suggest also to put some funds in nem for long term. Buy and hold.
There are many ways of spending your bitcoin and the one you have mentioned is also not bad. You can withdraw your bitcoin if it has reached the targeted amount and buy some shares of famous companies which will in turn keep you giving great money.

Moreover you can buy some precious metals like gold and diamond, they also have potential of producing some good profits.
410  Economy / Trading Discussion / Re: How do you make money if bitcoin/altcoin prices keep falling? on: October 31, 2017, 07:31:44 AM
If the fall is around 10 - 20% i usually cut my losses. But if the loss is approaching say 30 - 50%, i do not sell instead i found a way to buy more even if i don't have money i make sure i get raised! I believe my consistency should pay off very soon
The strategy you have mentioned of staying consistent really works in case of bitcoin but I won’t recommend it for altcoins. There are many cases of altcoins which dumped for few weeks and then never reached their previous values.

If an altcoin if dropping in value more than 30%, it is an indicator of getting rid of that coin as soon as possible rather than buying more of it.
411  Economy / Trading Discussion / Re: Investing all my savings! on: October 31, 2017, 06:34:38 AM
Investing all your saving in cyrptocurrencies is not advisable the percentage which you mentioned is good enough but its all cryptocurrencies. Honestly saying percentage for bitcoins seems wise decision it is more then enough and other percentage which you want to invest divert into other things so your saving can support each other to grow and anything will go wrong also you will not panic and you will get time to take decision.
I will suggest him the same. There is nothing wrong in investing such big percentage into bitcoin but all crypto currencies are not like bitcoin. Bitcoin is the only one that has potential of returning you what you have invested rather more than it.

Bitcoin is the best currency so far so just invest it and forget all other currencies. Invest rest of money into gold or real estate for being on safe side.
412  Economy / Trading Discussion / Re: What to do when prices are falling on: October 30, 2017, 07:27:51 AM
As you know these crypto currencies price changed every second. Holding your coins is a good option because waiting for their value to get increase is good option insted of selling then at low value and wear the loss.
In the world of crypto currency, it is really very difficult thing to predict the market price. There is no way that you can predict the market price in the coming days quite accurately. Anything can happen in the future. So you need to be well prepared for each and everything.

At time when the prices are falling, just remain cool and calm and keep on holding your bitcoins. This is the best thing to do at that time.
413  Economy / Trading Discussion / Re: What are best sources to learn trading on: October 30, 2017, 06:59:57 AM
I feel like i miss the boat or missing the even bigger one.  Huh As i want to develop new skills on trading i would like to know more about trader sources. What sites they use or which news sources they follow. And is there any book e-book you can advice? Thank you all answers!

The best sources to learn in trading is accepting your faults in times of failure, because you cannot learn and achieve success if you cannot  experience failure.every bitcoiner expert learn falling in the first time they trade  but  they always walk up and try to correct there mistake,until the time they gain more success and achieve more profits,because failure is a step towards success.


I think one of the source to learned trading is through searching online or social media links. This will give you ideas as to how trading works. Another source is through asking friends who has experience in trading because i believe experience is the best source of knowledge in any field of business.
The most important thing which matters the most is your own personal interest. If you are actually interested in learning of trade, then it is hardly a big deal to learn this thing. The best place from where you can get good piece of advice is this forum.

Other than this, you can read the articles related to that of trading on internet. Taking guidance from experts can also help you in learning the things.
414  Economy / Marketplace / Re: Give me advice pls! (Online shop) on: October 30, 2017, 06:22:40 AM
Thats also my big problem why I am not able to proceed woth my online store. Theres a lot of item that you can sell however you are not sure what do people want. I also trying to search in youtube and I am still not getting the answer to my question. I hope both of us gets what we are looking for.
Now-a-days, there are so many online shopping stores. There are number of items which you can keep at your online shopping store. It all depends on your own self like which kind of audience you actually want to target. For me, clothing is the best thing to have at your online shopping store but then you have to do lot of hard work. It is because of the reason that there are so man y shopping stores and there will be a tough competition.
If you want to launch your own online shopping store, then you really need to put in lot of efforts. Like you said, clothing items is really a good option to get the attention of most of the customers but the thing is there are already numbers of online shopping stores.

You need to think of something different. In the modern age of technology, you can go for some online shop having electronic gadgets and stuff like that.
415  Economy / Marketplace / Re: Turning crypto into fiat or is that even nessesary anymore! on: October 30, 2017, 05:50:26 AM
Most efficient and cost effective way of exchanging BTC to fiat is using your local exchanges for many reasons, of-course make sure they are trusted before you use them.

The issue is that local exchanges can be potential scams. I'd say dealing with someone very trusted here who accepts escrow is better than dealing with a local exchanger. Overall, exchanged just boil down to what you're comfortable with though.
There is no doubt in this thing that there are so many scammers sitting in the local exchange market but this doesn’t mean that you stop converting your crypto into fiat or vice versa. You need to find some good trading exchange like that of Bittrex trading exchange. You’ll hardly find any insecurity while performing any transaction over there.

So why are you going in that there are many online exchanges which fits for us to start trading. I do trade my bitcoins with the localbitcoins.com only from the day I get into the bitcoin.
Now recent days their deposit fees only bothers me because it is additionally wasted my bitcoins I have in my online wallet or desktop wallet. I wish it to reduced because most trusted platform to sell our coins.
Even right from time, you don’t need to change to Fiat before you can actually trade. But no matter what, in some situations, it will be necessary to change to Fiat, cause you won’t be able to take care of somethings without Fiat.
I must say that it all depends on your needs. If you think that there is a need of changing your crypto currency into paper money, then you can go for it. Otherwise, I don’t think so that there will hardly any reason of changing it into paper money. It is because of the reason holding of crypto currency especially bitcoin is the most preferable thing and it can help you earn much more money.
In my opinion, there is no need of changing your crypto currency into paper money. It is because of the reason that with each passing day, all the crypto currencies especially bitcoin is gaining better reputation than the previous.

Now there are so many places from where you can get almost all the things which you actually need by paying with your bitcoin. You can shop, eat and buy the things quite comfortably.
416  Economy / Economics / Re: Why the world really needs virtual currencies on: October 30, 2017, 05:17:25 AM
well that is because there are so many people now, and almost all of the people are going abroad just to work and when they need to send some money they don't have to go near money messenger all they need is a virtual currency and send money.
Yes this is somewhat a solid reason for many people to join bitcoin world. They don’t actually want to hold paper money. All they need is to have a virtual currency so that they just get some buzz out of it. No moving, no going, no taxes nothing.

You want to send money, okay just send. Plus there are so many reasons too for more different people, bitcoin is spreading all over the world.
417  Economy / Trading Discussion / Re: Investing all my savings! on: October 28, 2017, 09:39:25 AM
As almost everyone has said, don't go all-in on crypto, you may need your savings for some unforeseen emergency in the near future, invest a sensible amount, 50% or so and see where that takes you. Other than that your split across 3 major coins looks okay.
That is the basic thing and every trader must know it better before taking proper start in trading. You must not put everything in one investment. Rather divide and keep every portion in different chores. Like if you have an investment, divide it and keep 50% in bitcoin, 25% in altcoins, 10% in bank for saving and other for daily needs. These ratio may vary person to person.

418  Bitcoin / Bitcoin Discussion / Re: Somebody should make a movie about Satoshi on: October 28, 2017, 09:10:25 AM
While not a biography, There is a documentary on Neflix about the development of Bitcoin along with the main founders. It includes a lot about the early legislation and regulation in New York. Take a look! "Banking on Bitcoin"
This will help people to know about the starting of bitcoin and attract people more that how it was evolved and how it progressed not only on just satoshi movie will be made on the whole bitcoin life of past 7 years this will help people to understand and by watching movie people will tend to invest into it and this will give more progress to bitcoin this will also give world message of motivation and progress.
419  Bitcoin / Bitcoin Discussion / Re: Saving Bitcoins for your Children. on: October 27, 2017, 02:09:40 PM
We can give our physical property but what about virtual thing.will they be satisfied Cheesy
So you have to make hardware wallet like pendrive and give it to him Cool
It is very wise planning that each parent are thinking  about their kids so keeping some bit coin for the sake of the future of your kids because with passage of time the expenses of your kids are increasing for example their education expenses as well as they need a wide house for the so I appreciate to keep some bit coin for their future.

420  Bitcoin / Bitcoin Discussion / Re: What are your plans with your Bitcoin? on: October 27, 2017, 11:53:21 AM
I am not worried at the price of bitcoin. So I thought, hold my bitcoin and I'll collect more coins.
You can always continuing growing the number of coins you have as we all know that one day they will surely make us more rich and our financial life will be more stable. Bitcoins can even offer some best jobs and can also be treated as a full time or part time job. You can try saving some percentage of the earned bitcoins for your future. Like you can also start investing them in various investment sites and you will surely have a good profit there.

Along with just holding bitcoins, you can earn some more interest on it. It always depends in us about how we are using bitcoins and in what way we utilize them. If you have good knowledge then surely you will be able to store more and more bitcoins.
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