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1041  Bitcoin / Bitcoin Discussion / Re: What's stopping people from using bitcoin? on: July 15, 2016, 03:34:07 AM
FOR ME I think whay people stops the most is that there is no perceived value into switching to bitcoin dven though more and more e-commerce sites are accepting it, the reason people having doubt about bitcoin is its instability, right now bitcoin is able to compete side by side with fiat for some people don't like new things like bitcoin is a new type thing to buy and sell
Fluctuations in fact I think it is frowned upon by some people because it can benefit by exploiting price fluctuations. We can benefit from it. There are several possible reasons that make people stop using bitcoin. As they are already busy affairs in reality, or perhaps a government that prohibits using bitcoin, and there are still some other reason.
1042  Economy / Economics / Re: Bitcoin replaces the money? Could happen? on: July 15, 2016, 02:42:12 AM
Nope, goverments of different countries will not allow to bitcoin replace their currency, but bitcoin can become better and someday big country will accept it as legal.

Bitcoin can be a great alternative to fiat money but to used solely bitcoin and replace the current currency I think will it not happen. Still there people who prefers their cash  than electronic money. Some are hesitant to accept or embrace the technology.
While there are electronic currency man still needs money for transactions directly and to meet the needs. Bitcoin could be a good trend but can not replace the money. The role of money is very important for everyone.
1043  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: July 15, 2016, 02:38:52 AM
My plan if i have a lot money I want to buy of bitcoin and hold it for the long term
I'm pretty sure the price bitcoin will be increased a few years.

True it could have a lot of money but have to wait for the price to be high. If I collect bitcoin through signature campaign if you already have a lot of bitcoin I use to trade and I keep up high prices. It can get a lot of bitcoin and multiply so that it becomes a lot.
1044  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: July 14, 2016, 05:39:35 AM
I don't think so. Banks are the foundation of money in general.
Soon enough, banks may actually use bitcoin as one of the main currencies.
That is possible that banks will start adopting bitcoin, but there is no chance that bitcoin can replace banks as the size of banking system is too huge, comparatively bitcoin is still too small.
Yep. The bitcoin market cap is just too small to even challenge all banks.
There are already banks in London that are thinking of adopting bitcoins. Just look it up in your search engines and you will surely be able to find those news.

True, unless bitcoin exponentially increases the market cap, which would seem impossible because of how high the difficulty would have to rise for new blocks to be mined. I think it would make banks stronger if banks utilized bitcoin in their business.
yes i am agree with you. i also think that bitcoin will even make the banks more stronger and stable. if once they accept bitcoin and let the people do transaction on betting.
I can say NEVER, are you kidding me? betting is included in illegal activities in a lot of countries,does bank is crazy to let people do the transaction on betting? maybe yes for bitcoin but it's impossible for now and no for betting I sure they will getting a protest from a lot of people in community or government.

I don't understand why people will choose banks for gambling if they have freedom to gamble online with bitcoins without disclosing their identity.

Well we don't know the reason behind why they are choosing to do that rather than gambling alone with bitcoin. But let's go back to the topic,
It is really impossible that bitcoin is going to make those banks disappear because from the start banks are already there.
And the government needs more to know the use about bitcoin before it decides to make banks disappear.
It's not true bitcoin will never disappear just because bitcoin, the bank is feeling comfort with this situation maybe they will lose some of their members because bitcoin. but in fact, bitcoin can't stand alone in my opinions bitcoin still relies on the bank from the value of bitcoin is still measured by fiat money.
That is true bitcoin can not disappear banks and bitcoin is relying on it. I think if the value of bitcoin will continuous rising bank will observe if they will absorb the bitcoin to be additional currency offer to the client. Bitcoin have possibility to disappear but bank is continue to upgrade their system and never disappear.
Yeah right bank system will continue to be updated and keep pace with the times so it is unlikely the bank will be left behind. And it is unlikely bitcoin will make banks disappear because it is impossible. Banks will be able to continue to get people's hearts. And in fact the bitcoin users still use banks to store the results of the sale bitcoin.
1045  Other / Off-topic / Re: How to motivate women to use Bitcoin? on: July 14, 2016, 05:28:05 AM
Try to explain what is the benefits of using bitcoin.
For Example; No Third-Party Seizure, No Taxes, No Tracking, No Transaction Costs, No Risk of “Charge-backs” ,
and Bitcoins Cannot be Stolen.

It will just make it looks complicated to them. Women wants it raw, when it looks alien to them, I doubt that you'll catch their attention easily. as I've said before, it would be easier if you could make an example to use bitcoin that includes what they love like lipsticks  or things like that.

Or like someone said in another thread. Credits to him. If the woman you are talking to got a relative outside the country and she is sending money. Easiest way is tell her that this is better than Western Union or other money transfer company because of its low transaction fee. That might help get her hooked up.
Not much is known about the crypto like bitcoin because it is new. Naturally, if many people do not know but I'm sure the future will be a lot of people who know about bitcoin. Enough to motivate women taught me about bitcoin and direct her how to get, perhaps in advance of the signature campaign. If she is active in this forum will surely increasingly understood and if she can get bitcoin would definitely be interested.
1046  Economy / Speculation / Re: When to hit $10,000? on: July 14, 2016, 05:00:54 AM
imposible is price up run $10000, ten thousound dollar price every one bitcoin,
is crazy , is only fee send miniumum 10k satoshi equal 1dollar, is crazy price crazy fee send and transfer

5 years, people thought it was not prossible for the bitcoin to be $100. Now, the price is much more than that.

I remember in the early days, a lot of people said that 1 dollar per Bitcoin was simply insane, than it would never happen, then we hit more than 1000. So what's clear is, people always fail when trying to predict the bitcoin price, they are always not aiming higher enough because they see it as impossible.
it was true. we can hope that bitcoin prices rose very high in a short time, even up to the $ 10,000 price. but I guess it will not happen in the near future. may be true if it happens in a way that gradually, and may take more than five years for it. but let's hope that prices will reach $ 10,000 bitcoin in a faster time again, even if we find it impossible

It will take at least 10 more years to reach to that milestone, its not easy to touch that price, and I don't think people have that level of patience to hold their coins till it reaches to that price.

I think it will take a long time for the bitcoin to increases to 10k. I also think at the moment the bitcoin is unstable, So I think it is going to happen in about five or ten years as you said.


Yes really was quite a long time so that bitcoin could reach $ 10,000. Bitcoin often fluctuate from time to time so it is very difficult to guess the price of bitcoin. To reach the $ 10,000 figure may take decades for it to reach the figure of a very long and are still far from the figures now.
1047  Other / Off-topic / Re: How to motivate women to use Bitcoin? on: July 12, 2016, 06:00:37 AM
Just make the explanation short : explain too much is not the best way without prove it directly or maybe youtube can help them watch about bitcoins or  more of visual and let them experience it change the color of bitcoin into pink i think if you want woman to use bitcoin then you have to give some free offers like freebies hahaha bag's etc

And I think introduction alone is not enough for motivating someone towards bitcoin especially females, you have to give some of your bits to her so that she get some experience in that and so with that she will immediately adopt it.
what I do to my spouse is that, I give some money exchanged from btc. This makes her more exited to make me work on btc more. She started learning more about it. I hope she would start with posts in few days signing up a new account.
Yeah that's good for your girlfriend could be interested in bitcoin. Maybe that included giving her the capital to invest. Invite your girlfriend to this forum is very appropriate to be able to make her recognize bitcoin deeper. The most important thing still made her interested in bitcoin.
1048  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: July 12, 2016, 05:23:46 AM
plans is to get rich through bitcoins is to buy atleast 100 bitcoins very soon because the price of bitcoins is little low and this is the right time to invest in bitcoins market.

So you are basically saying that you will spend $65,000 on buying 100 BTC? If that's really the case and you're not trolling, then you'll have yourself an amazing long term store of value and investment. Just don't invest your money in cloud mining or other shady services just because they advertise with high returns.

In our country, if you have that amount of money, you are already considered rich. So you do not have to do anything anymore because you are already rich with that amount of money. All you have to do is maintain that amount or grow it little by little each day and you are good.

may i ask where you live sir?
because i live in a third world country but even in here someone with $65000 (equivalant value in our currency) is not considered rich. you would only be a middle class or meduim rich.


Yes please teach me that too because I want to become rich too but my only way is by just working hard and I'm not even have enough funds for investment.
That's why that's the only way of getting rich.
I do not think you were getting rich if you a worker even you work hard. i think that is your stepping stone to get rich work hard and save for your future business and that business make you rich if you handle it properly. And also in business you can maximize you knowledge and you can do what you want because you are the boss.
Becoming rich requires knowledge, hard-work, and most importantly a plan. Getting rich is by no means easy, there are a few paths that are proven to make you rich over time assuming you put in the time, effort, and dedication.

True to be rich anywhere including in bitcoin is not easy and very difficult. We need to work hard and wait to collect bitcoin to become a lot and we became rich. We had to try a lot of ways to get bitcoin and according to my understanding and utilizing fluctuations are also important in order to gain an advantage.
1049  Other / Off-topic / Re: Bank or Bitcoin Wallet? on: July 12, 2016, 05:20:17 AM
For now i still use bank, because stores in my country dont accept bitcoin and i think they are not know about it. so i still need my fiat to buy something offline
But when buying or selling stuff online i will always use bitcoin

True, as indeed all the people still don't understand about the scheme and the system in the bitcoin, so still very little offline store or not at all using bitcoin to perform any transactions made in his shop. However this will change along with the increasingly good bitcoin grew

Yes I'm sure bitcoin can grow well, but the bank will not remain silent. The Bank will continue to evolve continuously to changing times. So the bank will not be lost and will continue to update the system. Banks are still much needed by the community. Bitcoin and banks have a role in my opinion and I personally need both.

1050  Economy / Speculation / Re: When to hit $10,000? on: July 11, 2016, 04:33:19 AM
Bitcoin going to 10k is a miracle or more a dream. It's not going to happen so it would be foolish to expect it.
The time that bitcoin behaved like an altcoin are long one.
i dont think that it is just a dream right now, in my opinion it is surely possible to hit 10 thousand dollars per bitcoin in like 4 years during the next bitcoin halving
Although bitcoin prices continue to rise in the period of 4 years but it is very difficult to reach $ 10,000. It is impossible for bitcoin fluctuated cause price increases and the process requires time. It would be very long for bitcoin to reach that number.
1051  Economy / Speculation / Re: Bitcoin in 2020 on: July 11, 2016, 04:24:53 AM
Bitcoin will always be in demand especially in future years. I do hope that the value will be 4 digits, there is posibility to make it happen because the progress is rising and I don't doubt it. There would be more merchants and online shops that accepts btc as payments.
Yes true I also hope so, I hope progress bitcoin happen in 2020. I am sure the price will be high and probably bitcoin as you say up to 4 digits. I also hope that bitcoin acceptance around the world will make our easy to use bitcoin.
1052  Other / Off-topic / Re: How to motivate women to use Bitcoin? on: July 11, 2016, 02:34:42 AM
one of my girl friend is currently using bitcoin as she was very addicted to social media so she always need a data to keep connected on the social media so i introduce bitcoin to her and give one of my dummy account then she started posting awesome then she can now maintain her data fees on her bitcoin earning then i told her your welcome

Wow that's a good thing that happened to you. And you don't have to convince your girlfriend to use bitcoin.
Invest she is the one that is working harder in able for her to earn and use her time to a more valuable thing which is earning with bitcoin.
Instead of wasting her time in social media she is using it in the nice way.

Yup i just told her to learn so that you post something productive and earn to satisfy her needs then i also introduce her one of mobile games that pays bitcoin which she also enjoys when she get bored
Yes maybe it was the right way to introduce bitcoin to women. Because surely women or everyone will be interested in the game so that if you get bitcoin of the game will help introduce women to bitcoin. If she had known bitcoin wallet introduce to them and ask to join in this forum. Surely they would be interested.
1053  Other / Off-topic / Re: Bank or Bitcoin Wallet? on: July 11, 2016, 02:29:48 AM
i have never seen or hear on social media or from someone else about the banks who accept bitcoin therefore i will suggest you wallet. i think there are so many registered wallet where your bitcoin will be more safe than any bank.


There is no bank that is accepting bitcoins for depositing. And of course as of today banks are just accepting cheques and cash.
And bitcoin wallet is only used for bitcoins only.
But I hope banks is going to consider accepting bitcoins soon.
It may be very difficult to be able to accept bitcoin bank because it would shift the wallet function. Actually, banks and bitcoin wallet usability of each profitable. Bank as saving money and bitcoin as a gain. Both have their respective roles in my opinion.
1054  Other / Off-topic / Re: 2017 Year of the Bitcoin on: July 10, 2016, 06:16:48 AM
Halving is only the start of bitcoin price increase nex t year we expect bitcoin will much expensive than this year, but the price ofthis year is still volatile.

Bitcoin prices will certainly remain fluctuate at any time. But your I'm sure if bitcoin will surely develop, so the price will always be better in 2017. bitcoin prices are difficult to predict because the price keeps changing every time.
1055  Other / Off-topic / Re: How to motivate women to use Bitcoin? on: July 09, 2016, 08:40:04 AM
how we could motivate women to use Bitcoin because I tried several times to explain what it is and how to use Bitcoin ...was very difficult and have not really managed only once ..
I feel you I also to explain to my girl bit it's for him to understand but I saw many girls already know and invest in it. But not all can understand what we are saying wait for the right I think he will understand it soon

Yes it might be enough to explain bitcoin to women. Perhaps the most difficult to put interested in bitcoin. But if she needs income she'll try to use bitcoin because bitcoin is very easy to get benefits such as through a signature campaign. I'm sure it is suitable for women.
1056  Economy / Speculation / Re: When to hit $10,000? on: July 09, 2016, 08:32:54 AM
I have believe that it will happen but it will take sometime, just believe on God and try to struggle hard and support it on every occasion, so it will be achieved sooner.

It will take between 3 to 5 years to get to the $10000 range. But it depends on the performance of the bitcoin development.
Although the price of bitcoin will tend to rise steadily but very unlikely to hit $ 10,000. Because of the price increase bitcoin so requires a process and very difficult to improve because of the fluctuations. It takes more than that to be able to hit that number.
1057  Economy / Gambling discussion / Re: Are you Rich from Gambling? on: July 09, 2016, 08:28:07 AM
i wish i was rich from gambling, although it is not because of lack of trying. i have been trying to make profit from gambling but i come to the conclusion that it is not actually possible to make consistant profit from gambling and it is not good for long term.
Really benefit by gambling is very difficult to obtain a continuous basis. The advantage would be very rare to come by, but if you win the result very much. To become wealthy gambling can not be used because it is very risky.
1058  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: July 09, 2016, 08:24:34 AM
waiting for a few amounts of bitcoin to go up then hopefully buy a established business. i tried to lend my loans to members over on this website and no one seems to apply. I hope someone can come up with innovative ways on increasing bitcoins
Yes maybe it can run the business as if it was successful here and will certainly be rich. But maybe if you want rich in bitcoin we can create websites such as gambling or trade. I'm sure many people are interested and can get a lot of advantages.
1059  Economy / Speculation / Re: When to hit $10,000? on: July 08, 2016, 04:22:46 AM
Your vote thanks  Grin
More than 10 Years atleast it will require for reaching that level.
It is going to take a really long time before we hit this big amount of money, it is not even sure that we are going to reach this.
It is impossible to tell what will happen to the price of Bitcoin, the only thing we can do is wait and see what is going to happen.
Really is still long so bitcoin could reach them. And possibly as much as 10 years for bitcoin price fluctuations occur every time so it is very difficult to climb rapidly. We must wait for what will happen next.

Its not easy to hit that price and may be it will take at least 10 years to touch that price, it has an potential to hold that price but no one knows when it can reach there exactly.
I think 10 years isn't enough to hope bitcoin could reach $10,000, IMO we must face halving 5 times again when block rewards for the miner is less than 2 bitcoin.
Anything is possible with bitcoin, but I don't think that $10,000 is going to happen anytime soon, not at least in the next 10 years, I think. As bitcoin progresses, it will reach a certain stage where it stabilizes and stagnate. $10,000 could be reached if some big whales decide to have some fun and pump the price to new highs.

Yeah it will take minimum 10 years to achieve that price as its never gonna easy to achieve that huge price in quick time and there is no assurance that whether it will touch that price or not.
Hitting $ 10,000 is not easy at all. Bitcoin fluctuates all the time and the growth / bitcoin price increases very takes time. To hit that number is certainly very far. I believe if bitcoin could follow the changing times and continue to go forward would have reached this goal, but it takes a long time.
1060  Economy / Speculation / Re: Bitcoin in 2020 on: July 08, 2016, 04:16:55 AM
I expect that before we enter the year 2020, bitcoin already break the all time high price. I hope it will be 4 digits on that time which is very nice. The value of btc is really unpredictable day by day, you need to be updated regularly.

I'm hoping this will happen but I do not know if this is gonna happen, there is chance but nothing is sure so we have to see this.
2020 will be a nice year if we have to believe some people, there is maybe another halving than.


Bitcoin is very difficult to predict because of price change almost every time. So it is difficult to predict the price of bitcoin in 2020. But I believe in 2020 bitcoin will be better than this year and the price is definitely higher than this year. I also hope that 2020 will be a lot of users are using bitcoin.
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