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601  Bitcoin / Bitcoin Discussion / Re: Is BTC only for middle and upper economic class? on: July 03, 2017, 05:15:04 AM
Nope it's for anyone with access to the internet. But, but, but Scorpion poor people do not have access to the internet. That is changing EVERYDAY. Rapidly and that's how powerful Bitcoin is because once they get access to the internet they won't need to rely on banks or other financial institutions to earn or distribute store of value.
602  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: July 03, 2017, 04:45:45 AM

A little bit of both to be honest. So far I have been lucky enough to profit greatly but also being involved in crypto has been a very fun hobby of mine - it has become a passion of mine.
603  Bitcoin / Bitcoin Discussion / Re: Bitcoin accepted at New York pre-school on: July 03, 2017, 04:31:10 AM

My friend share this news story with me the other day. More and more companies, entities, and overall people are accepting Bitcoin as legitimate payment and even more people know about blockchain technology.
604  Bitcoin / Bitcoin Discussion / Re: Bitcoin will have Lightning Network soon? on: July 02, 2017, 06:56:20 PM

We have to wait until Segwit (Segregated Witness) comes along and that won't happen until August 1st with the UASF (User Activated Soft Fork) BIP-148. That's the first step than the implementation of the Lightening Network.
605  Bitcoin / Bitcoin Discussion / Re: How much risk in bitcoin investement ? on: July 02, 2017, 02:08:17 PM

I personally believe there is extremely small risk in investing into Bitcoin. The reason why is you will always own (as long as you manage your own private keys) the Bitcoin no matter what the USD value is, so it holding on the BTC while the prices recover. This has happened over and over again but the trend is always up.
606  Bitcoin / Bitcoin Discussion / Re: The reason why people do not get Bitcoin. on: July 02, 2017, 02:05:05 PM

Even for my close friends who are getting to cryptocurrency because of me still have a notion that 'the price is too high'. I'm like okay well, you do know you can own .01, $1, $10 worth of Bitcoin right? They say yes but what would be the point - oh well I think it might be something the whole community comes together to solve with a smaller denomination of Bitcoin too.
607  Bitcoin / Bitcoin Discussion / Re: In what situation would Bitcoin die? on: July 02, 2017, 01:57:43 PM

The only situation where I see this happening is where the development and improvement of Bitcoin stalls and doesn't keep up with other technology that is coming - the biggest threat right now is quantum computers that could render encryption useless if we don't find answer for it.
608  Bitcoin / Bitcoin Discussion / Re: Bitcoin Price May Surge As Italian Banks Send Alarm Signals For Europe on: July 02, 2017, 01:45:32 PM

Everything is lining up for Bitcoin to hit $4,500 to $5,000 if you're paying any attention at all to the world economy and a little about Bitcoin development. Invest at your own risk and do research but for me Bitcoin is just too good of a buy right now.
609  Bitcoin / Bitcoin Discussion / Re: Africa Isnt Ready For Bitcoins on: July 02, 2017, 01:38:29 PM

They might not be ready for it now, but a wave is coming for them and they will leap into the technological world and many people will regret they ignored Africa for so long in terms of they're going to provide so many opportunities for growth in the fields of renewable energy and modern technology.
610  Bitcoin / Bitcoin Discussion / Re: Craig Wright Threatens Bitcoin Community in Surprise Conference Speech on: July 02, 2017, 01:26:20 PM

Craig Wright, Jihan Wu, Roger Ver have come full circle! They are now known as the Three Stooges of Bitcoin.
611  Bitcoin / Bitcoin Discussion / Re: Every time the media calls Bitcoin a bubble let's agree to buy a bit more! on: July 01, 2017, 06:45:10 AM

I'm down. I am already putting in like 50% of my income into Bitcoin, altcoins, ICOs and other related projects. When media sounds bearish on Bitcoin I will increase my buys!
612  Bitcoin / Bitcoin Discussion / Re: My Thoughts. Is Bitcoin mining just another money pit? on: July 01, 2017, 06:16:34 AM

For those know how to optimize every aspect of mining - it's a gold mine. Other who aren't as dedicated and innovative they will lose out and eventually their efforts are rendered obsolete.
613  Bitcoin / Bitcoin Discussion / Re: BTC 21million capacity (beginner inquiry) on: June 30, 2017, 11:49:44 AM

There will never be more than 21 million unless the majority of users enacted a change in the code. There's not real purpose for more than 21 million coins since Bitcoin is divisible, there's always going to be less than 21 million since coins are lost every single day.
614  Bitcoin / Bitcoin Discussion / Re: What could eclipse Bitcoin and make it antiquated? on: June 30, 2017, 05:23:47 AM

The only thing I can think of would be a quantum computer synced with artificial intelligent network version of Bitcoin. But even then I think I believe Bitcoin could've evolved to adopt any of those features that would render it useless.
615  Bitcoin / Bitcoin Discussion / Re: Is the current price drop considered a normal phenomenon? on: June 30, 2017, 05:16:23 AM

There are dips every now and then which is to be expected. It's important to draw a line of the average trend of Bitcoin, the overall trend is upward growth,
616  Economy / Speculation / Re: Could Bitcoin price increase to $1 Million one day? on: June 30, 2017, 05:02:11 AM


I think $150,000 is easily reached in our life time.

$1 million Bitcoin each in the year 2140 when the last Bitcoin is mined. We won't be alive to see it but yes it will reach the $1 million mark 'one day'.
617  Bitcoin / Bitcoin Discussion / Re: Afraid of August One? on: June 30, 2017, 04:22:03 AM

I think it will be a good day to buy up Bitcoin and also celebrate because we will be moving forward with better technology. Bitcoin is going to grow up and progress on August 1st.
618  Bitcoin / Bitcoin Discussion / Re: [Russia] Burger King to accept Bitcoin this summer! on: June 29, 2017, 06:35:15 AM

This news from Russia and the other news from Poland just yesterday - it's just another step further to Bitcoin mass adoption and more people reading and learning the power of the blockchain. This is awesome.
619  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a source of income? on: June 28, 2017, 01:49:23 PM

The two best ways for me right now are ICO bounty campaigns and SteemIt. You can keep the crypto or exchange them for Bitcoin.
That's awesome, ICO bounty campaigns were a good way to make a better earning. In terms of other assets which is convertible, but with signature campaign you get paid in terms of bitcoin which is the only difference. In my view however you make money through bitcoin never let your day job down and go behind bitcoin. Plan in a better way and spend time earning bitcoins.


Actually I was thinking about this, with my Bitcoin mining, ICO participation and SteemIt my earnings keep growing and snowballing but I don't think I will ever quit my job. For one reason is I like having my job to buy more Bitcoin and another reason is all of these things don't even take up much time and is for fun too. So even if I made so much money I don't think I would quit my job but your point is valid, don't quit your day job because you start making money with Bitcoin.
620  Economy / Exchanges / Re: Paxful.com Moderators stealing people Bitcoins Codedly, Scam and Fraud Site on: June 28, 2017, 01:43:07 PM
Ever since that article that paxful's CEO with his pals went on a rampage in Miami, faced charges of cocaine and hashish possession.
I don't trust any cryptocurrency trading platform which is owned by people who like to get high, party naked, and run around with guns.

See it for yourself: https://cointelegraph.com/news/paxful-exchange-ceo-and-cto-arrested-in-miami-on-weapons-and-drugs-charges



Actually haven't heard of this story before. What I don't understand about some of these sites going scam is that some of them are legitimate businesses and can operate well and make good money without scamming - but that extra greed is what goes over the top. It sucks but it happens.
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