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861  Economy / Trading Discussion / Re: Best Investments on: June 05, 2017, 07:55:44 AM
What are the best investment opetions for bitcoins to be put into?
Please post here!
I only recommend altcoin investment as it's risk free from scam. I'm not a fan of HYIP since it's very usual that it always ended as scam. Unlike in altcoin investment, evry coin has a potential to pump its value quickly/gradually.

Probably it's because you are a Member user so you haven't seen scam ICOs going on in here back then. There are also some new questionable ICOs today. The investment amount keeps on increasing but they don't have an escrow and they don't show the address where all those money are stored. Those are obvious scams. There are some that just run away after the crowdsale. There are also some that let the whole thing go success but they are holding a good amount of their coin which is ready to dump anytime they like.
862  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [LNK]Ethereum.link Twitter Campaign(Paused) | {318 BTC Raised} on: June 05, 2017, 03:04:08 AM
What the F**k !! i have promoting this project about 3 weeks, But its turned into scam? That means we are not getting any bounty/coin from this project. Damn it.

Do you read? Deja has had the negative trust for a week or so already. Know what you're advertising and know the people behind it. Don't just promote, promote, promote.
863  Economy / Economics / Re: How to teach kids about Bitcoin? on: June 04, 2017, 03:45:17 PM
In my humble opinion I wouldn't worry too much about kids at this point. There's a lot of people uninformed or misinformed about cryptop. Even people in this forum and not actually new in the bitcoin world.

Before going deep into bitcoin, I really think everyone should understand why our monetary system and fractional reserve lending will never work. And why blockchain (or similar technology) can solve these problems.

You can't just apply that. There's also a lot of people that are uninformed or misinformed about engineering, yet it's very useful to have a solid knowledge about it. Even better if you are one of the pioneers of engineering. Let's apply that to crypto. It's good to know about it while you're still young. It will become one of your options in the future. Maybe not as a kid, but as a young teenager. Most kids don't really care about things except when it makes them interested. Keep in mind that the fastest way to kid's attention is by making them curious about the subject, kids are always low-key curious about things that seems cool to them.
864  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: June 04, 2017, 03:32:08 PM
It is perhaps hard to determine whether Bitcoin will replace dollar (or any other physical currency) because of the nature of Bitcoin. It can be manipulated with a series of well planned actions. So, I don't think it will ever replace the real world currencies.

Currencies of third world countries or developing countries will surely be defeated by bitcoin. But bitcoin can't replace USD status as an international currency that has capitalization is much larger than bitcoin, because not only by American citizens themselves but USD is held by many people in the world.

With that you're basically saying that third world countries would accept bitcoin and ditch their very own local currencies. How so? And how come the US of A will not do the same thing? It's not about how strong a currency is, it's about which people would prefer to use. There's probably more percentage of the population of major countries (including USA) that knows about bitcoin as compared to people from third world countries. Remember that there's a major digital divide going on to most third world countries and almost none to major countries (or first world ones).

I believe that USA is actually one of the first ones to adopt bitcoin assuming that bitcoin goes mainstream. With the digital divide, the people from third world countries can't totally adopt to it, thus, their local currency will remain strong.
865  Economy / Economics / Re: Tell me a secret: any way to earn 0.1 BTC per week? on: June 04, 2017, 03:20:29 PM
Try joining campaigns, it's good because you will gen revenue with your posts in this forum.

Other thing is mining but you need the hardware and infraestructure for this .

Gambling is other option.

Another thing is trading some bitcoins to altcoins.

Other option is create a businness based on Bitcoin. A blog, an youtube channel, selling your services receiving payments using bitcoins ( this site has many tips about this http://earn-bitcoins.com/ ) ...

To receive BitCoins you need to work Smiley

Youtube has always been a good way to earn money, but not when you're just going to start today. A lot of people are already famous on Youtube. The competition is just too much. You'd upload one video, and then you'll see a similar channel uploading the same thing but have a much better quality content. If you're going to do Youtube, do it because you like it and you enjoy doing it, not because you want to earn money from it. This is true in blogging as well.

Selling your services, on the other hand, differs on the forum that you're going to offer your service. If it's here, then there are already some that are known here for certain services. Always look at other's work only to see if you can compete with them or not. If not, then just continue practicing and maybe do some small time service just so you can still generate income while practicing.
866  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: June 04, 2017, 03:08:00 PM
I don't think that Bitcoin can make bank disappear at all. Because right now there are a lot of Banks that are already trusted and also usable to those who have their own company. Because Banks can also do other things than just saving money.

I agree. Bitcoin can not destroy the banks. He can only infiltrate the banking system as an alternative currency.
Yeah this is too impossible to happen at all because banks are not just by helping people saving money but also people can loan in banks, they can also have insurance, car loan or housing loan. Banks has a lot of great things they can do than bitcoin. Some other Banks has already their online banking which people can also use it easily like bitcoin. So Bank is really good that is impossible to disappear.

So what exactly is your point? Somebody can do this in bitcoins as well. You can get a loan and follow the same procedure with bank loans. In bank loans, you need a collateral or a good business plan. Along with these, you also have to submit your whereabouts. There can also be a trusted company that offers bitcoin loan to people. Insurance, car loans, housing loans, all of them can be in bitcoin form.

Bitcoin is much more than a currency. Bitcoin can perform all of the things a bank can (or perform even better to some extent). Online banking? Bitcoin got that.
867  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: June 04, 2017, 02:55:27 PM
There are examples why this is a perfect way to make money. In 2013 price spiked at 1100 dollars for a bitcoin, then it had ups and downs until late 2016 early 2017 where the price skyrocketed and reached an all time high of more than 2750 dollars for a bitcoin. If you had 10 bitcoins in 2013 they were worth then 11.000 dollars, if you have it right now with the actual price of 2500 dollars for a bitcoin you have 25000 dollars. That is a 14.000 dollars difference. Surely this is a good way to make money.

It is a good way to make money only if you have other sources of income. Otherwise, you would either get tons of debt or sell even when you're going to lose money. What I do is that I hold most of my bitcoins and then withdraw some of them as time pass by just so I can pay for daily expenses. There are also times when I do major purchases. I know it's not a good thing to do when your money is on bitcoins because you lose the opportunity to sell at a higher price. Oh well, that's just how it is.

Holding all of your bitcoins is kind of hard to do if you don't have other sources of money.
868  Economy / Marketplace / Re: How can we encourage local businesses to accept BTC? on: June 03, 2017, 01:35:59 PM
We cannot encourage, we need to promote the bitcoin in the local businesses also in the small business because they cannot used it if they cannot know what it is. Moreover, using of bitcoin in local businesses were good but for now it is a big challenge to us, if how can make it true.

A suggestion: To encourage local businesses to accept BTC, then start by using it and accepting it on your very own store. This way, people would know that it exists. Put up a banner that you accept bitcoins and people would always ask the cashier what it is. It's obvious that you have to educate the people in your store what is bitcoin so they can answer the questions of the customers as if it's just a normal thing to have. The customers will be thinking to themselves, if this waiter knows about it, then how come I don't know it? Am I behind the trend now? And then do a quick search about bitcoin.
869  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: June 03, 2017, 12:46:42 PM
Holding bitcoin has historically been a good way to make money, whether it still is I'm not sure but since I don't have any particularly useful skills my only strategy to make money is holding bitcoin and altcoins long term.
Making money with bitcoin holding for longer term is a good decision but I do not think that holding altcoin for longer term will benefit you as the base of altcoin is not stronger and anytime they can crash while bitcoin cannot crash because of its wide use. Try to invest in bitcoin for longer term.

That is why you need to always have an exit point. When you hold altcoins for a long time, doesn't mean that you're going to hold it forever. Always check for updates. Sometimes the developers of the coin have something more to offer under their sleeves. Another thing, you have to be content with your profits. Even if you hold the coin for a long time, if the market is dead, then it's just dead. Coins live off with hypes. When your coin don't get hyped, then that's just it. Sell your coins and move on to another coin to hold for a while.

In simpler terms, you don't have to settle with one coin. Move your investment to another even if you hold the coin for a long time yet you're just getting a small profit.
870  Bitcoin / Bitcoin Discussion / Re: Buying Drugs with Bitcoin ? on: June 03, 2017, 12:32:57 PM
People should mind their own business as long as whatever someone is doing is not interfering with their own private space. What people does with their money/bitcoin is their problem.

If a drug addict wants to buy a drug he/she will find it one way or the other. For them this is a good option. If you find a good reputable dealer that is. Just like in everywhere since this area is out of control and illegal you can easily get scammed or lose your money. Product might be totally something else or even be dangerous for you. Then again, what you get in street is not much different either.  I would say, apart from product quality, this is even safer than buying in the street. At least you wont have to deal with thugs or with a dangerous neighborhood.



Depends on your area. Sometimes drugs aren't always owned by thugs. Sometimes it's the "normal" and educated people that have it. You can grow weed, you can make meth. There's no wonder why regular people also has it. You'd be shocked most of the time when you found out which of your friends are using drugs. I think buying drugs online is even more risky because you don't know who you are dealing with. Unlike when you buy in real life, you can have a friend refer you to his drug dealer friend. So when things go south, you know who you dealt with and you know where to find the person.

Plus, you get to see the drugs by yourself. You get to check the quality and if it's really the substance you're looking for.
871  Economy / Trading Discussion / Re: Trading is unpredictable job. on: June 03, 2017, 12:18:46 PM
That is all about trading, if you are willing to invest some money for that purpose, and learn trading, you need to accept the fact that you will put your money in big risk, and also the whole activity will put you in a many stressful situations.
That is why I dont really advise anyone to make a living from trading, because it is extremely hard and even when you have all education, skills and experience needed for that ( which can take years to even make yourself profitable on a long-term) you will still need a good amount of funds to be covered in scenarios where something will go wrong.

There are some people who compare trading to gambling, and they say the truth sometimes, because it may be considered as gambling, if you dont know what are you doing.
First, get a knowledge and then start thinking about investing anything. Demo account does not cost you anything Smiley

What if I told you that there's another method of earning money which requires 16 years of studying? Most people go through it. Grin It's called the education system. The first ones are needed since kids have to learn but after high school, I think the education system isn't actually that helpful (in my place, atleast). It's the time when kids have to explore by themselves what they really want to do in life.

Honestly, when I got to college, I don't even know why I took that course. I was so young to make the best decision possible. Which school, which course, and why.

Anyway, back to our point. With that in mind, one year of studying trading would probably not hurt since it's a lot less time than what most people has spent in college. I'm not saying to ditch school and start trading but to give trading some time. Most of us have spent a lot of time in school, might as well spend another year trying to learn another money making method which might save us financially in the future.
872  Economy / Trading Discussion / Re: How to increase BTC? on: June 01, 2017, 03:08:55 PM
investing on mining, make sure to select mining site that are on business 3 or more years already.. small income but harvest it years from now.

The age of cloud mining site hype is already gone. People are already aware that everything can be faked. First, the date of launch. Cloud mining sites have faked their history and say that they have been running for a long time and that they just didn't have any recognition before. The mining equipment as well can be faked. The address can be faked. Literally everything can be faked to look legit enough for investors to come in.

And let's just say that you finally found that "legit" cloud mining site that's actually legit. They are probably going to be a 6 month or 1 year return on investment thing. That's a long time for them to get more investors, accumulate decent amount of money, and fake a hack scenario. Even when they continue running longer than expected, it's still a good strategy for them (to accumulate more money to run away) since the profit of their investors per day is really really low even with decent investments.
873  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: June 01, 2017, 02:51:37 PM
Bitcoin can't remove banks from the earth because capitalist powers never let bitcoin do this. What bitcoin can make is refucing the effect of banks in the future.
It’s very easy for Bitcoin to remove Banks from the world. People all over the world use Banks and there is another group of people that just don’t use a banking system for their money. If the large Banks focused on Bitcoin then regular cash then that Bank would have the potential to crumble because there wouldn’t be any support to get back with when/if the price of Bitcoin goes down to nothing of value.


You're being delusional. First of all, the "group of people" that have never used the banking system in their own lives are extremely low in the city where most people are. I might be wrong population-wise but these people just don't have that much money so they never took interest to open a bank account even if it's for free. They probably also don't have a day job since most day jobs pay you directly to your account and not in cash.

Stop deluding yourself that banks are going to accept bitcoins and the volatility of bitcoin will destroy banks. No bank that's controlled by the government will just start accepting bitcoins. They will start thinking of accepting bitcoins only when most establishments already do. Bitcoin is a serious matter since bitcoin removes the trusted third party from our transactions and that's exactly what banks are.
874  Economy / Economics / Re: Worst bitcoin decision you've ever made? on: June 01, 2017, 02:29:39 PM
Buying to little when it was cheap... And not investing in mining when it was profitable. Listening to my mom that it is some scam / joke that no body gets rich and not listen to my dad to invest. And after that my mom says: I never said that !

This often happens to me. I get influenced by the people around me. They don't know anything about these investments. I always ask a second opinion from other people about almost every decision and most of the time, I wish that I had followed my instinct and trusted my knowledge instead. This is why I learned to never trust people when they don't know anything about the topic and do my own research.

Honestly, always trust yourself on everything. Stop doubting yourself. Believe in your knowledge and skills. Everyone that's saying you can't do it or you're making the wrong decision probably have made a lot of wrong decisions throughout their lives so they expect other people to be like them as well.
875  Economy / Marketplace / Re: How to make 1 bitcoin in a month or 2? on: June 01, 2017, 02:12:35 PM
You cannot earn money without money. But you can try freelancing but there will not be much money at first
No,you can earn money without using your own money .how? By solving captcha ,claiming on faucets ,doing offered task ,and signature campaign. All of them doesnt require inveatment its absolutely free.

Yes, you named ways of earning without investments. But this kind of earnings can not bring 1 bitcoin per month. It will only bring a few dollars. But you will spend a lot of effort on such work

The only thing that can give you 1BTC in a month or two without any money investment will require a lot of knowledge. For example, freelancing. In freelancing, you can be a designer, graphic artist, a programmer, a developer of something, etc. All of them do not require any money investment but they all have one thing in common. All of them require knowledge. These are all knowledge work and even signature campaigns are knowledge work. You can't be in a signature campaign if you don't know what to post in here.

Bottom line, you have to spend a lot of time learning things regardless if you have the money or not for investments. Gone are the days when you just invest and then that's it. Most successful companies have private fundings and startup projects that are actually good get funded by some rich guy right away.
876  Economy / Economics / Re: How to teach kids about Bitcoin? on: June 01, 2017, 02:02:42 PM
Teaching kids about Bitcoins is really good idea but hard idea.
I remember back in young age not a lot of the small kids know even how to deal up with money they go to the store and waste the money on candy...
I have much better idea for kids to learn about Bitcoins/Altcoins. Lets create a Altcoin that can be mined by just answering questions like: What is the capital of Germany ? or: (551+412)-31-(41*2) ?
Maybe in that way when they don't know the answer for example for Germany they will use Google and find out and maybe remember it. And so this will make them search more about the world and much much more.
( I don't know if there is any coin like this so sorry for inventing it in my head / I know there was some faucets like this )
It sounds more like Faucet then a Altcoin... Hey but look at XRB.

First let us face the fact that it's already the information age. The kids will not remember any of those things. They will just google it, copy+paste the answer, and then completely forget about it. Except the kid has some sharp memory, then he'll be able to remember it for a time long enough for them to reach the time those information will have an actual use.

As a kid, I used to read a lot of things and facts on magazines. Do I remember any of those? For a while, but now that I'm an adult, I don't recall any of those. Maybe I might recall the pictures/images on the magazine, but now what's written on it.

I just don't see the point of this thing, honestly. Unless the questions are hard and can't be searched right away, then the "mining" process can be done by bots. And obviously you have to give the miners a decent reward since they have to answer a question instead of just actually mining.
877  Economy / Marketplace / Re: How can we encourage local businesses to accept BTC? on: June 01, 2017, 04:24:23 AM
By campaigning massively bitcoin through mass media, local media, newspapers, with the help of banners, posters, etc., I think that way we can encourage local businesses to accept bitcoin and maybe local businesses will grow if more people receive bitcoin as a means of payment.

There's a lot of censorship and control gong on in the media. They only show good things, and then show only the bad side of certain topics because they are biased. Aside from it's not going to be just accepted right away, who's going to pay for all these? The advertisement on TVs costs a lot. Plus, the watchers of the TV are probably not that tech savvy since most tech savvy people are always lurking around the Internet. Maybe it will be even better if bitcoin gets featured by tech related channels on youtube.

Bitcoin is not a product. You can advertise all you want but it's not easy to convince a regular Joe to start using it. Plus, the government will not allow us to just advertise bitcoins since it's not under their control and it's against them.
878  Economy / Exchanges / Re: Why don't exchanges run their own bots? on: May 31, 2017, 04:23:31 AM
Just like in gambling, if exchanges implement bots on their website, people are just going to use that bot always. If a bot strategy has been proven a good way to make money, then everyone's going to use it until it's no longer profitable. Another reason, exchanges make money from the fee for putting up a buy or sell order. For a 2% exchange fee, when somebody with 10BTC worth of buy order changes his mind and put that 10BTC to another coin, then they just earned 4% of the 10BTC from the fee alone. With the amount of exchange going on every day, their profit is already good.

Putting a bot for strategies can become a bad thing when it has caused trouble to the user since there will be scam accusations against the website which will ruin the site's reputation which they obviously don't want.
879  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: May 31, 2017, 03:49:21 AM
Bitcoin is a good investment. When you have 10 btc in your account then after a months or years. Your bitcoin will double the value or tripled. And maybe in the near future 1 bitcoin will be equivalent into million.

I think that is a record breaking price for a bitcoin, but I don't think that it will never reach that high, $20000 may be the highest price of bitcoin and it wil never go high more than that. And I think before we ever think of the price, I think we need to think of the transactions that is not still yet confirmed.

True not mentioning the fees that is being too high and transactions that takes weeks to be confirmed ( my payment is still pending till now ). Before bitcoins price reach a million dollar I think this problems need to be fixed first or else the higher the equivalent money the higher the doubts on cryptocurrencies and this is not a good sign.

One thing that we should not forget is to look at our side as well. Did you put enough fee? Eventually, the transaction will be confirmed. Maybe weeks (like you said) but at least you're confident that the money will not bounce back or revert just like on other payment types where it happens when the transaction is taking longer than expected.

The price of bitcoin can reach a million dollar regardless if this issue will be resolved or not. This doesn't affect the supply and demand law going on in the bitcoin market.
880  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: May 31, 2017, 03:34:32 AM
Seeing the growth rates of previous years, holding a Bitcoin is a real great way to make money. Holding them for 3 to 4 years can increase your principal amount many times.

People always use the past to refer to the future. What if I told you that the past isn't always going to repeat itself in contrary to the saying "History repeats itself"? 3 to 4 years is a long time on the Internet. Technology grows fast. Maybe before 3-4 years, we already have a lightning network but it's implemented on a different coin. That will cause chaos to bitcoins since everyone will surely migrate to that coin. It's a good thing to the cryptocurrencies as a whole since the transaction fee and time will be resolved but it's chaos to bitcoins unless it's able to adopt the technology almost right away.
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