Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.

It can be done by using site's feedback or contact us forms.

This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.

To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).

The more people do this the more demand for Bitcoin there will be.

Thanks to those who do that.

I think it is wrong to call bitcoin a "private" currency.

On the contrary, imo bitcoin is much more of a public currency that any national currency is.

Recently, bloomberg and some other cryptocurrency media channel published a news that they have information from the sources in indian govt. that government is planning to apply 18% GST on bitcoin purchasing.

it means people are still buying and trading on cryptocurrencies in india and it is in knowledge of indian govt.
so the govt. is now wants earn from the bitcoin buy sell,

another point of concern is that if the govt. apply the GST on bitcoin buying then to the indian people it would be paying double tax while trading, once when they are buying and later when selling as incometax,

so what do you think, being hard on cryptocurrency trading, now govt. looking for taxation on buying of cryptocurrencies, is it possible in coming time gov. may lift the ban on cryptocurrencies in india?

If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.

I think a lot of people around us has told us that Bitcoin is a FAD or a SCAM or a Ponzi scheme.

Some of our closest relatives have told us to SELL before the BUBBLE will burst. {guess we hear that enough?}

The media is telling everyone that Bitcoin is the tool of criminals and terrorists and child pornographers and paedophiles.

Most of these people are not invested in Bitcoin, but it looks like they are looking for reasons to attack it.

How many of you want to prove them wrong? I sometimes look at these people and I think... WTF are you on about?

I seldom bring up the subject anymore, because everything coming out of their mouths are negative. The only time when they

are interested, is when the price hits a all time high. Then they want advice to invest in Bitcoin and when they buy at the ATH,

and the price drop with 10%, then they panic sell....lose money....blame Bitcoin. I am sooooo sick of this.

I hope we can finally prove them wrong in the near future, because this is definitely getting under my skin now.  

Robert Shiller, professor of economics at Yale University and co-founder of the Case-Shiller Index, expressed his idea about cryptocurrency.

"I'm interested in bitcoin as a sort of bubble. It doesn't mean that it will disappear, that it'll burst forever. It may be with us for a while," said Shiller.

"To me, it's interesting as another example of faddish human behavior. It's glamorous," he added. The bitcoin craze reminds him of tulip mania in the 17th century, the event which is considered one of the first recorded speculative bubbles where a buying frenzy and lofty expectations replace rational justifications for an item's value.

The price of bitcoin grew so fast. The cryptocurrency hurtled above $1,000 in early 2017 after trading at less than a $1 at the beginning of the decade. It even hit an all-time high north of $20,000 in mid-December. (recommend FuninUSA for updated data about cryptocurrency)

A lot of people have benefited from the cryptocurrency investment. But Shiller would still like to see it as a psychology experiment. “It is more psychological than something that could be explained by the computer science department,” He said.

Bitcoin held above $8,000 on Friday morning after topping that level a day earlier. The two-day rally comes after a weak start to April likely tied to tax-related selling. Prices dipped below $7,000 earlier this month.

Will the bitcoin disappear? What's the true value of bitcoin? What essence in bitcoin are we paying for?

detail here https://www.cryptocoinsnews.com/indonesia-planning-ban-bitcoin-2018-report/

what do you think about this ?

i think my country not ready to growing with this blockchain era.

According to CNBC. "The Securities and Exchange Commission (SEC) Chairman Says ICOs Should Be Regulated As Securities..."

Read more: https://www.xmlgold.eu/en/news/article/689/SEC-regulations-securities-cryptocurrencies/

why is the years that the rich get richer and the poor become poorer and more oppressed?
What do you think should be done to keep this economic gap from continuing?

Hey guys, what do you think  about status of cryptocurrency in these countries, and te value of them affecting economy in the countries? Will they make some moves with it, make it better/worse? Thanks

Will bitcoin prices rise beyond 20k in the future, and whether bitcoin will only stabilize at a price of 8k - 10k and it will be difficult to exceed that price.

I'm currently investigating how to stay under the radar with regards to the profits made from crypto.

So, let's say we made millions, how do you get some of the money back to fiat,but without making waves with the government.

Added, I stay in a corrupt country where large scale government corruption is the norm.

Any help will be appreciated.

PS: Is the idea of crypto not to be anonymous.

What makes blockchain uniquely different than other conventional companies is not the fact the most blockchain platforms have limited supply of their tokens. Gold has a similarly limited supply today and yet capitalism persists, while communist regimes have reverted to fiat currencies and that did not make them capitalist. Instead, what makes blockchain companies unique is the fact that most crypto assets that dominate the blockchain exchanges (with minor exceptions) do not know conventional profit from the labor of others as a category. Therefore, it is my assumption that Karl Marx and many of his peers would have loved the blockchain!

Initial coin offerings (ICOs) are usually done by an emission of digital tokens via coded and uploaded to be seen, smart contracts. Like bonds without interest or shares without profit yield, these tokens usually appreciate in value as the adopters of the specific token raise in number. Thus, the networking effect is the principal reason for growing the value of most digital crypto assets. For instance, the more people buy Bitcoins, the greater their value would be — and so is the case with most other crypto assets.

Tokens can be best understood as small economies connected on blockchain exchanges. To illustrate this, we can take a small example. For instance, someone can make a token for storing car data in a distributed blockchain database, like CarData (www.cardata.am) tries to do, token economy for identity verification, like Civic (www.civic.com), or for access to a lottery platform that draws the winning numbers from NASDAQ like MOS (www.moscoin.io) or as a transaction tool and keeper of value Bitcoin itself. Many things can be organized in decentralized economies based on tokens.

People holding different tokens from different token economies can trade them on exchanges. For instance, if someone needs to use medical data from a medical blockchain, she or he can use Bitcoins to buy MedicalChain tokens and access the service. If a bank or a university needs to verify an identity online, they might use Tezos tokens (called Tezzies) to buy Civic tokens and do the identity validation, etc. As you can see, there is no conventional profit made in the economy but the networking effect or how many people use it, which is connected to the utility and code of each token, determines its price. Everyone earns from their labor!

When someone launches an initial coin offering, he or she usually divides the tokens to team members, advisers, investors, and supporters. The appreciation of the value of tokens is something that leads to “capital gains” for everyone who contributed towards the project. Once the entire world accepts the blockchain economy and no more network effects exist because no new people enter the token economy, the price of these digital assets should stabilize. Then, everyone would be rewarded the proportional value that they have created for others, not necessarily with profits from ownership of assets (given there will be no more excessive “capital gains”).
Profit seems like a dirty word in crypto-land today. From 100 random ICOs, we analyzed, only 13 had some form of profit sharing function. But, even when they share profits, these start-ups seem more generous than their counterparts from the conventional, old economy. For instance, start-ups like MagnumLink (www.magnumlink.com) that is issuing tokens backed by precious minerals such as diamonds and gold, want to share at least 50% of profits with its investors while giving away 100% of tokens away during the ICO.

So, if the new blockchain companies in most of the cases become foundations (Ethereum, Tezos, etc.) that create no profits, and people earn as much value as they create for others, does that look like Socialism? Perhaps it looks like a libertarian type of socialism created by the private sector, but it is socialism, nevertheless.

Alek V. Ribak
CEO @ TSM & The Omega Project (TOP)

Guys,

I'm from Malaysia,and I brought 8000btc when many years ago(and glad that I still have found back).

I'm looking for cash out all the btc I have own now,it is about 100 million usd fund,but I don't think my country market have support that huge of volume,I do my research found that exchanges in Malaysia are really small,big exchanges like only bitfinex and coinbase can support that much of volume,but it can't use their service in Malaysia,and I'm not US citizen.I don't know what to do now.

I'm really frustrated knowing I own that much of money but I can't cash out due to my country is not popular with this coin,any suggestion for me? Whoever can help me solve my problem I promise to gave him 50btc after I manage to cash out.A man will keep his word.

——————————
updated: 6.1.2018 4:54pm

what country that can support 100 mil usd withdrawal?

I'm actually have thinking about open an US bank account,but I'm not sure whether I can withdrawal that much of fund from exchanges to my bank account or not.

I actually don't mind paying tax fees to US or Malaysia gov whatever,I just want to have a cash out plan.

Obviously, there are several ways with which bitcoin can be earned and payment of goods or services can be a way in which one can earn bitcoin. The magnitude of acceptance of bitcoin seems to be very low on the part of some individuals since these individuals do not know about bitcoin. Guys, I want to know how best you can convince such individuals into accepting bitcoin after they have rendered some services to you.

Several transactions of mine have gone with 0 confirmations in the past several days.  And some of those I was paying 1.5X or 2X the recommended fees.  Nothing.  Nada.  Zilch.

Bitcoin has gone from being an expensive network to use to a practically unusable network.  I was defending Bitcoin against millions of tards back in 2011 and 2012.  Are they going to have the last laugh on me now?  It pisses me off to actually see some of you defending this too and saying "this is the way Bitcoin is supposed to work".  Umm... NO IT IS NOT .

I have ZERO confidence left in Core and their "developers".  Their network can't handle the slightest bit of volume without totally seizing up.  And then Adam Back is out there with the press talking about Bitcoin vendors and merchants running a tab system??  Really??  You can't do your job properly so you want people to run a tab in BTC??  You saw this coming from 10 miles away and did nothing about it.  Stupid or malicious?... you decide.

I will be converting my remaining BTC to BCH, Dash, XMR and coins that actually work! And coins that have teams that have at least a Grade 7 level understanding of economics, ie.. "when you are at capacity, you open more locations".  And not throw out "but but centralization!!" juvenile red herrings!

Long time Bitcoiner of 6 years here saying, "SEE YA LATER! CASHING OUT NOW!"

I noticed on coinmarketcap that many cryptocurrencies follows almost same graph as Bitcoin.

What is the reason behind this in your own opinion ?

What will be the faith of bitcoin investors against next year?  Will bitcoin price keeps on falling or gain it's momentum by increasing again?

Its good initiative by KFC, Now even there small bucket of fried chicken will give more returns from last fiscal year


Fried chicken chain KFC Canada is accepting bitcoin – for a limited time and for a cryptocurrency-themed bucket of chicken, that is.

The limited-time marketing move sees the Canada-based chain advertising "The Bitcoin Bucket" complete with a Facebook-based live-tracker of the standing price for the product, which works out to roughly 20 Canadian dollars depending on the exchange rate with bitcoin.

That said, you can't exactly walk into a KFC location in Canada and pay with crypto at the cash register.

Instead, the company is accepting Bitcoin via BitPay as one of the options through an online check-out page. The Bitcoin Bucket will be delivered directly to the customer's address (the product also carries a $5 fee), according to the check-out process on its website.



https://www.coindesk.com/kfc-canada-is-accepting-bitcoin-for-fried-chicken/

Has anyone read this report from NyTimes?

https://www.nytimes.com/2018/06/13/technology/bitcoin-price-manipulation.html