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661  Economy / Economics / Re: Can Bitcoin End World Poverty? on: September 30, 2017, 06:35:33 AM
If you end up poverty, nobody will do the dirty jobs of the world.
yes it can end up poverty but people of that respective nation must have a piece of awareness and knowledge and when people gain some info about it so they must start their work and in my opinion it would not deprive them and they would not even think of their ordinary useless jobs
I don't really agree,bitcoin can't solve the world poverty because there are still a lot of illiterate people.So how can we teach bitcoin like that if they don't even know how to read and write although bitcoin can help anyone to have an extra income. On the other hand, some people already accepted their fate of being poor so maybe that's the reason why bitcoin can't solve world poverty

But I strongly believe that bitcoins have the ability to end poverty forever. As far as the illiterate people are concerned, governments themselves can buy bitcoins and use them for the welfare of these people.

If the governments start buying bitcoins and using them for the prosperity and betterment of their countries, I don’t think so it would be tough for bitcoins to end poverty then.
662  Economy / Economics / Re: Can bitcoin improve the economy of a country? on: September 30, 2017, 06:04:36 AM
Bitcoin can definitely improve the economy of a country. If they were to start buying bitcoin as much as possible and then pay citizens for their work in Bitcoin.
There is no doubt in this fact that bitcoins have been helping people meet their financial needs and monetary goals for the last couple of years.

I don’t think so there is even a single person who worked hard with bitcoins but did not get the reward. Just be legalizing bitcoins in these ate can increase the economy manifolds. Soon people will be paid in bitcoins.
663  Economy / Trading Discussion / Re: what do you think about pump and dump? on: September 29, 2017, 10:36:58 AM
The pump and dump is one of the beautiful thing in bitcoin and other cryptocurrencies because it will help us to earn money through trading and it is easy to take advantage since the markets of cryptocurrencies are always online 24/7 so it is a great way to make money.
Yes, in fact this is very much beautiful thing. The only thing which needs to be taken care of is this that you need to think very much carefully and that you need to decide once after enough thinking. I think that this time is very much critical and crucial. You can make out a good money or you can suffer a loss.

664  Bitcoin / Bitcoin Discussion / Re: What Is Your Bitcoin Dream? on: September 29, 2017, 10:04:17 AM
My dream is to collect all the proceeds from bitcoin and I will sell it when the price is high and I want to buy a luxury house and collect a number of antique cars, hopefully my dream soon be achieved.

That is a great dream you have there, mate! As for me, I just want to create a little wealth with my bitcoin to be able to afford a moderate house, a good car, and a free time to do what I really want in life. That would be a happy life! And if bitcoin as well as the rest of the cryptocurrencies will fly so quick, then this dream will also be reached quick.
Yes you are right. Everyone has his own dreams in life. So are of mine. I also have big dreams in my life. And as I am a married person I think lot about my family instead of myself. Luxury cars and house will be the dream of every person as I have also the same.

Let’s see in the near future what will be the highest price of one bitcoin. Hope it will be raise more than 5000 US dollars, then I will also sell my bitcoin.
665  Bitcoin / Bitcoin Discussion / Re: Would you invest your 401k or IRA into Bitcoin? on: September 29, 2017, 07:21:13 AM
Like mentioned above, only invest what you are willing to lose. My retirement account from my previous employer (from many years ago), has been stagnant and not doing anything interesting. I'd be willing to lose 5-10% of it just to make it interesting and at least have the potential for that 5-10% to grow. We've started offering these services to clients because we believe it's a unique way for people to buy crypto using money that's locked away anyway. Cheers.

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Bitcoin IRA services
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In my opinion I would just like to invest the cash I have in my hands and in bank accounts. And the investment will be in my control. I mean that if there is something happened which is not good for the investors so that I would be able to afford the loss of my bitcoin. This will not disturb me. And if somebody invests all his capital into one business that of crypto currency and loos it he will definitely mentally disturbed.
666  Bitcoin / Bitcoin Discussion / Re: Parents disagree with MMO – Make Money Online and Bitcoin ? on: September 29, 2017, 05:59:55 AM
Parents are our well wishers, so they try to protect us from getting involved in any scam or any illegal things as they find this things as scam so that we dont get involved and ruin our life. You should explain them in brief about what you do and how you are earning it so that how it will be beneficial to you without arguing with them.
that the parents of everyone are the well-wishers of their children. No parents want their child to waste their time, and as the trend is going on may be all the parents think that my child is wasting his time while setting all the time on internet.

But when they receive some cash rewards from their child who tells them that he earned it from MMO, and then they feel very exciting and happy.
667  Economy / Gambling discussion / Re: Benefits from Gambling on: September 28, 2017, 01:07:47 PM
I've been gambling for almost 15 years now, the only benefit that I could see on gambling is that, it is fun and it relives stress. And, through gambling, you can find new friends. Besides from that, gambling would do you nothing good. Gambling makes people greedy and makes them lose everything they have.
One thing that i know is that gambling gives fortune for 1 person and steal money from thousands people.
There is benefit but more disadvantages when you count it fairly.
Let's be realistic about things like gambling , it doesn't relives stress , it is created a new level of stress.
In a game, if one team wins that implies that the other has lost. It is not just true for gambling. This is how things are in this world. Your winning is basically someone's defeat so you decide whether you celebrate your victory or opponent's defeat. It is good to see positive in everything.
668  Economy / Trading Discussion / Re: is mining and TRADING THE SAME on: September 28, 2017, 12:37:59 PM
Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?

You are comparing a cherry with a tomato!
Mining has nothing to do with trading, mining with GPU in today's world is impossible and you will need some expensive stuff like ASIC miners or others to mine Bitcoins or different altcoins. Trading coins is a completely different subject and needs charting knowledge as well as basic idea about how to read them through the support and resistance levels and decide when to enter and where to exit. Trading is better compared to mining but is the riskiest way. I saw D3 allowing users to get their ROI in just a month after mining DASH coin so if you managed to get a D3 while roaming around, you must be in profit already atm.

Nice one buddy. Mining is different and trading is entirely different. If you want to sell or buy a bunch of bitcoin means,you can use the trading. But in mining, the bitcoin or any other altcoin will be generated with that mining. Bitcoin mining is the best of any other altcoin mining. You can choose that.
Mining and trading are poles apart and I think there is no similarity between both except for one that both are ways of earning bitcoins. Trading is done on exchanges when you make deals of buying or selling bitcoins or other coins as well whereas in case of mining, you need to have good electricity connection along with good hardware for carrying out mining process.
669  Economy / Economics / Re: Bitcoin has defeated gold on: September 28, 2017, 11:32:28 AM
Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
I agree with you that bitcoin has beaten gold, gold lost in price, but I think gold will still be a safe and attractive investment. bitcoin becomes a new choice for investment while gold has always been an investment.
Well now if we look at the price then we will know that bitcoin has more power than Gold the price of the bitcoin is volatile and it is not stable so it is the reason that bitcoin price keep on increasing and soon it will touch the most high price edge in the coming days the safety of the bitcoin is easier than the bitcoin because you can keep your bitcoin in your hardware wallet buy you cannot keep the gold with you so bitcoin is better than gold now even in price.
Lol! You can be right in the regard of stability of the gold but it is not at all leading the market. Many gold investors are turning towards bitcoins just because they have more potential of producing profits than any other commodity at present whether it is gold or diamond. Falling down of prices is essential for going up.
I will agree to what all you have said. I think the way Bitcoin is gaining the attention of so many investors, there is hardly any reason to deny this fact that Bitcoin has no doubt defeated not only gold but almost all other things which were quite precious in the past. The investors are investing their major portion of income in Bitcoin.
670  Economy / Economics / Re: Moment for buying or selling? on: September 28, 2017, 10:53:58 AM
this is very easy for bitcoin users to determine when the right moment to sell or buy bitcoin.
that is when the bitcoin price increases then that is the right time to sell bitcoin and if the bitcoin price is decreasing then it is the right time to buy bitcoin.
Such time will be very useful if we want to get a lot of profit.
Yes, indeed! This is the general convention which is being followed by all the traders sitting and investing in Bitcoin. I think the right time to buy is no doubt when the market price is little low. But as far as selling of Bitcoin is concerned, I think there is no perfect time for selling. It all depends on the person himself.
671  Economy / Economics / Re: China banning bitcoin exchages, good or bad? on: September 27, 2017, 06:57:57 AM
It is obviously bad for a mean time just like what happened these days, bitcoin price in the market has dropped because of the issue but immediately recovers for a few days.
Bitcoin price will fall down if users are not allowed to work on bitcoin in some part of world. Same happened in China and we have seen the immediate effect on market last week. Definitely bitcoin will rise again and things will be fine but for now it is really bad.

672  Economy / Economics / Re: Should I stop Buying BTC? on: September 27, 2017, 05:45:45 AM
Yes for now stop buying Bitcoin at $3900 or $4000, wait for it to reach $3000 or $2600. Then buy all you can, sell your dogs, cats and wife. And buy a bitcoins.

Should I stop buying BTC for above market value or should I start paying the listed price? I support Bitcoin and still pay 5k a BTC does anyone see bitcoin going back up?
Hahahahaahah selling you cats and dogs is okay but no never will be selling wife Cheesy besides joke, yes it the current time is not feasible for one to buy bitcoin as prices are so high for it, you will definitely getting loss. Wait for time, as you said, $3000 or $2500 that will be much better.

673  Bitcoin / Bitcoin Discussion / Re: Bitcoin finally legal in India on: September 26, 2017, 03:40:48 PM
just imagine, if 100 million of them buy $100 worth of BTC each.. thats some crazy mcap addition to the crypto world  Grin
And this is be the good news for us bitcoin community, not exact the value but there is a replacement for what the china do in banning the bitcoin
Yes of course it is good news for all the investors and traders of bitcoin. As I am not an Indian but I still appreciate this action from the government for India, because I will be able to buy anything in India and will pay through my blockchain wallet easily and comfortably.

And this is also a bridge for other people to pass through this bridge and reach to legalization and regularization of bitcoin in their respective countries.
674  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: September 26, 2017, 02:19:35 PM
yes I agree, I think banks and bitcoin can work together to make transactions easier and simpler. of course bitcoin and bank will strengthen each other so I think this is a very good idea.
I thinks that bank is good but not in respect pf bitcoin because the world of bit coin is totally different from other investment institutions as bitcoin based banks will definitely implement other taxes which is the primary duty of any government of this world, which will lessen the interest level of the investors.
675  Economy / Speculation / Re: When will it fall? on: September 26, 2017, 01:34:14 PM
I can't foresee anything like that,, below $4000 is not happening this year or even next year but that's just my observation.. This past corrections it holds only at $4100 and up and it was never down at that range.. It only means that even rumors and news against or related to cryptocurrency is not effective this days at all.. I think at this rate of observation it will make bitcoin stronger and maybe stabilize in the future..
Bitfinex has taken a dive below the $4000 mark for two times already after reaching an all time high of $4970 earlier this month. Bitstamp went down all the way to $4001.9 as lowest point.

Realistically speakinthen the tension between these countries has increased, then this is unambiguous. And today we can not predict what will happen in the future, even looking at what is happening in China today and how the government starts to aggravate the work with the crypto currency. If China and Japan have problems with this business, So we will only hope that Bitcoin will be strengthened in other countriesg, there is nothing that prevents the markets to dive under the $4000 mark if large holders start dumping their coins, where the weak hands will follow after that ~ that's how it always goes here.

If the market remains stagnant and keep bouncing up and down between $4000-$4400, it won't take long before people lose their patience and start dumping ~ we shouldn't forget that a lot people are here for short term gains.

If things take too long, they lose confidence. Some people only bought themselves in this market because of the insane bull run to $5000, where they most likely assumed that it would continue to increase.

Let's give the market some time (a few months) to see what we are up to. At this point we still don't know how the potential hard fork in November, and then mainly the uncertainties, will affect this this market.
for today we already see that there are problems with that that can try to make a fork and with an etherium. Just as we already said November may be marked by the next division of Bitcoin and how this will affect the entire crypto currency. Nobody knows. We have already seen such a fuss in the month of August, but it's nothing like good. So it did not bring bad. Perhaps also in November.
As you mentioned that we have seen these speculations in August and after panic we are seeing bitcoin with continuous increase in the price. I am sure that November panic is also based on speculations and bitcoin price would never effect by November speculations.

I don’t believe in any hard fork now that may be proved harmful for bitcoin journey. A bit down in the price is not a fall of bitcoin in my opinion.
676  Economy / Speculation / Re: Where do you see bitcoin 5 years from now? on: September 26, 2017, 12:49:59 PM
5 years from now i hope bitcoin would have more stability than today. and have more balance situation bitcoin is so OP right now. as you can see btc price is too high than last year and that's what makes other signature campaign to close. because they don't have any budget to buy btc. even they're making many money. if bitcoin could go stable and balance. it would be the best for all of us.
I agree with this bitcon would be much stable than today in the next 5 years because I expect that many developed countries would have been accepted bitcoin being a legal currency in their countries and will recommend bitcoin a global currency for formal approval in the big forum of the world and masses of developed counties would have been involved in business with bitcoin. I am seeing bitcoin the most popular and influenced currency across the world after 5 years.
677  Economy / Speculation / Re: Where do you see bitcoin 5 years from now? on: September 26, 2017, 12:49:22 PM
5 years from now i hope bitcoin would have more stability than today. and have more balance situation bitcoin is so OP right now. as you can see btc price is too high than last year and that's what makes other signature campaign to close. because they don't have any budget to buy btc. even they're making many money. if bitcoin could go stable and balance. it would be the best for all of us.
I agree with this bitcon would be much stable than today in the next 5 years because I expect that many developed countries would have been accepted bitcoin being a legal currency in their countries and will recommend bitcoin a global currency for formal approval in the big forum of the world and masses of developed counties would have been involved in business with bitcoin. I am seeing bitcoin the most popular and influenced currency across the world after 5 years.
678  Economy / Economics / Re: 1Bitcoin as a gift from someone on: September 25, 2017, 08:42:23 AM
If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?

i will trade until be 2BTC an than sell it at right price
You have really a very good idea in your mind. I thin k you can make out enough money from this one single Bitcoin. The only thing you need is to think and decide the things very carefully. Instead of selling, you can go for more trading in order to have more Bitcoins which will add more money in your pocket.
679  Economy / Trading Discussion / Re: Dividing your salary. on: September 25, 2017, 07:42:30 AM
Hello, as we all know that Bitcoin is heading straight to the moon. Me, as an employee, do also invest with this cryptocurrency, and I kinda need to divide all of my salary for my needs, and on how much should I invest in? Let's talk about percentage. Anyone?

I'm usually spend about 10%~ 15% from my salary every month , depend on my mood actually.
Overall I can made some profit from bitcoin and I learn many things since I knew bitcoin
Every salaried person makes different parts of his salary. I divide my salary in following parts:
   10-20% for bitcoins investment.
   30-40% on household items (groceries, food and others)
   30% on education of my children.
   10% on my monthly medical expenses.
   5% on clothing.
   4% on travel.
   1% on others.
680  Economy / Economics / Re: central banks and Bitcoin on: September 23, 2017, 07:10:25 AM
Hey,
I am right now a little bit researching about financial stability and monetary policy.
It seems that monetary policy through a central bank is pretty important for the global financial stability.
For example if there is a financial crisis, central banks try activly to stabilize the financial system.
If Bitcoin would replace fiat money and such a crisis would occur, wouldnt this lead to long term financial instability?


The only reason bitcoin was able to get to the level it is now is because it has no interference from any
organization or central bank. I think the reason why most countries have useless currencies(sorry to say) is because of the rules put in by the central banks.
Bitcoin is not a regular currency because it is limited in supply, the government does not want to have this kind of system in place as for sure there will be a problem of shortage, when there is a shortage they can easily print money while it's not possible in bitcoin as it is design to have a fixed supply.
Bitcoin is not just a currency because of it's limited supply, it is also an investment so it could be an asset or currency depending on how you define it.
Yes that is the main reason of bitcoin popularity that it has no interference and also no rival to stay in the path of its popularity and increasemnet. No central bank and any other bank involve in bitcoin business because it is not a paper money.

It is digital currency and the people are so interested in buying and dealing in bitcoin. I think if any bank interferes in bitcoin then it may does not gain so much importance all over the world.
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