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521
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Bitcoin / Bitcoin Discussion / Re: Bitcoin Attraction
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on: November 30, 2016, 09:20:16 AM
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It is very attractive to me that I can buy stuff anonymous and that the state is not involved in the payment.
Then it's attractive as well that bitcoin has a big potential to increase its value. Bigger than any bank can offer me.
And I do not even have to pay taxes when I exchange bitcoin back into fiat again. At least not at the moment.
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522
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Other / Off-topic / Re: How many times have you've been scammed?
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on: November 29, 2016, 04:19:40 PM
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I am one of those lucky fellows how have not been scammed yet, although I once invested into some kind of highly profitable investment (just a few dollars).
And for some reason I actually got the promised amount back.
That was at my beginnings with bitcoin. After that I never tried to invest anywhere else. Don't want to push my luck.
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523
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Bitcoin / Bitcoin Discussion / Re: Why in some countries Bitcoin is banned
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on: November 28, 2016, 05:58:03 PM
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because goverment made it illegal , need to learning for goverment about bitcoin
They would surely banned it because they are only seeing the negative aspects of bitcoin which is commonly used for hidden illegal transactions thats why some governments do banned it because of it but if they could just see the positive sides of bitcoins they will surely allow it but well in reality governments decision are final and we cant do anything about it. I think that it always depends on how much bitcoin is abused in a certain country. The more criminals take use of bitcoin, the more bitcoin becomes a target of a government. In the eyes of a government one of the best ways to fight against crime is to remove money out the game. And some try to do that by banning bitcoins. |
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524
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Bitcoin / Bitcoin Discussion / Re: EBay and Bitcoin
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on: November 28, 2016, 03:43:53 PM
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Bitcoin will never be used by ebay, they make too much money from paypal. Also, like other posters have mentioned, chargebacks will be more difficult.
Yes, its never been used for paypal but as bitcoin getting more popular for several years we could not stop the possibility that they may adopt the way that bitcoin may applied to their form of payment. In business of online ebay earns money from customers online and how can this ebay business owner refuse if many of their customers using btc suggests them this type if payment transactions. If i were the owner of the business i won't hesitate to plan an implementation regarding this transaction using btc because you can do possible things on business when it comes to profit. I think that's about the problem. There are not many people who really want to pay with bitcoins on ebay. And nearly everybody who would like to pay with bitcoins usually can pay with paypal as well. From ebey side including bitcoin payment is just not economic. When you ad the problem with refunding, I really think that we will never see bitcoin as a payment optin on ebay. |
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525
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Bitcoin / Bitcoin Discussion / Re: Sweden Begins Planning Transition From Cash To Digital Currency
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on: November 25, 2016, 07:04:28 PM
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It is sort of nice and interesting but the problem is that 'begins planning' is far from reality. And yet if we imagine they did it: how will that effect bitcoin? Well, I think it will get an opponent, at least, and we will be able to see whether btc ideology or nice progressive government wins in this battle.
Yes and it is just new style to following because the government use fiat money and not digital currency, it is mean they still be control everything. I am doubt it will become successful in markets, they just wanna be seen different with use name of digital currency. I can imagine as well that many people who have no clue about bitcoin will not see a reason to switch to bitcoin when they are already using a digital currency. For them digital money is all the same, so it could really be possible that digital fiat money will have a negative effect on the growth of bitcoin. |
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526
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Economy / Micro Earnings / Re: New faucet site!! ( http://btc2.ml )
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on: November 25, 2016, 06:00:52 PM
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This faucet works with Faucetsystems.com.
You have to solve one captcha then you get 100 satoshis.
There are no antibots and no registration is needed.
There is also no minimum payout. I like this.
Claiming seems to be possible every 15 minutes.
So far so good!
Thanks for the satoshis!
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527
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Economy / Economics / Re: Tell me your predictions about Bitcoin
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on: November 25, 2016, 05:54:36 PM
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I recently learned about Bitcoin. I invested it, because I think this cryptocurrency perspective. But when the price of Bitcoin falls I'm nervous. Perhaps due to lack of experience. In general, I believe that Bitcoin will soon rise in price considerably
It has nothing to be nervous about when the price drops down because that is the nature of bitcoin, no matter how high or how low it goes but it will still keep fluctuating because that is how it works, sometimes up and sometimes down. Even bitcoin growth is moving on exponential rate, it is still following a typical commodity's pattern on trading. Mostly the highly fluctuating commodities like crude oil trading will be doing similar to bitcoin trading. The very big advantage of bitcoin is, it is always moving up even among many fluctuations. Predicting about bitcoins future will be so easy for anyone in general. Past performance is not necessarily indicative of future results or returns. This has been told and proven hundred times, and we should not forget about such things as Black swans and perfect storms. Someone with enough money in his pockets could basically bring down Bitcoin network for an arbitrary amount of time. Until the price starts going down and ultimately collapses. Things like that may not have happened yet only for the simple reason that Bitcoin is not really a big fish so far to come across someone really powerful or wealthy. My prediction about bitcoin would be that for the next five years there will be a move upwards. I really don't think that any prediction beyond 5 years is anything more than a wild guess. Technology is evolving quickly, politics changes, who knows the crazy ideas people will come up with. All my investments follow the plan of five years, not more. |
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528
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Bitcoin / Bitcoin Discussion / Re: How to convince my dad that Bitcoin is a trustful currency ?
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on: November 25, 2016, 05:48:04 PM
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Spoken from experience, I do not think there are much chances that a father will take advices regarding money from his teenage son.
You will probably have to wait a while, a decade or so, until he might be willing to consider your opinion as solid and found.
Of course you can try to persuade him with charts, facts and numbers, but I would be really surprised if he would listen to that.
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529
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Alternate cryptocurrencies / Altcoin Discussion / Re: R.I.P Ethereum - The Pre-Mined ScamCoin is dead
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on: November 24, 2016, 04:18:36 PM
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Is the Ethereum under attack again, the price has dropped to multi months low. Will there be another hard fork?
I have not read any rumors or bad news about eth recently. That's why I suppose it's all some kind of panic reaction that happened the last hour. And becaus of this I decided to buy a few eth half an hour ago. The price is recovering already, so I made a little profit this way. |
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530
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Economy / Economics / Re: What plans do you have for your BTC stash?
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on: November 23, 2016, 06:43:58 PM
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I'm planing to increase my bitcoin stash a bit the coming months.
Somehow I don't have too much expanses at the moment, so every month there is a little money available I do not know what to do with.
That goes into my btc stash. And I'm not planing to sell somewhen in the near future.
Maybe it will be worth a fortune when I go in retirement.
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531
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Economy / Micro Earnings / Re: New Bitcoin Faucet.
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on: November 23, 2016, 06:28:05 PM
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The faucet works good.
On captcha had to be solved and there are three antibots as well.
No registration is needed, and the payment goes directly to epay.
Thanks a lot!
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532
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Economy / Speculation / Re: When do you think will be a best time to buy bitcoin?
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on: November 23, 2016, 04:21:14 PM
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When do you think will be a best time to buy bitcoin and when is the best time to keep bitcoin first before selling?
I think the best time to buy bitcoin is when there is a panic selling. Bitcoin could go down just a little.use it to buy plenty of btc. When panic stop the bulls will come ,and thats the right time to sell it. Repeat it everyday, and.have profit everyday no other work needed. I think that the best time to buy bitcoin is the moment when you can afford it. So basically every time is a good time to buy. You never know when or even if another panic selling is really coming. Waiting too long can have the negative effect that you can pay more in the future than you would pay for it now. |
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533
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Bitcoin / Bitcoin Discussion / Re: problems with bitcoin holder
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on: November 23, 2016, 04:10:13 PM
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75.9% ( 15,947,975 bitcoin) of the bitcoin is already mined so to circulate bitcoin all over the world there is only few bitcoin because many bitcoin user are holding bitcoin and waiting for price hike. So what would happen if the continue holding and we are left with only few bitcoin to circulate. So can it act as global currency or we need some modification.
I do not see the problem that too few bitcoins could exist for the next years. Bitcoin can be devided up in satoshis. And if for some reason the popularity of bitcoin should go up significatly, it would only mean that the price will climbe into unexpected level. The number of circulationg bitcoins we have at the moment and the nu,ber of bitcoins that can still be mined will be enough for a long time. At least in my opinion. |
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534
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Bitcoin / Bitcoin Discussion / Re: "Everyone already knows about bitcoin" no.. no they do not..
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on: November 22, 2016, 07:28:06 PM
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I think that bitcoin is not widely known, and even less understood.
I can count about three people I know who are aware what you can ackieve with bitcoins, bot not more.
In my oppinion the knowledge about bitcoin occurs concentrated in some places, like here in the forum or on bitcoin related meetings.
That's why sometimes it seems bitcoin is widely known.
But if you look at the global population I'm relatively sure that only 0.1% of the people know more about bitcoin than just it's name.
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535
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Economy / Economics / Re: What would happen if Bitcoin became a legal currency?
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on: November 22, 2016, 09:21:52 AM
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With the benefits comes the resposibility. If bitcoin became a legal currency, we can observe several regulations to be imposed to bitcoin. It is observed that government will do the best of its power to get its cut from all the transaction of bitcoin while making sure they will keep check on the transaction of every citizen with bitcoins.
I'm rerally hoping governments will not try that. Putting taxes or whatever on transactions is something nobody will pay. All they would do is create some kind of a black market and drive companies working with bitcoin out of the country. I hope that at least a few of the bureaucrat have some foresight. |
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536
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Bitcoin / Bitcoin Discussion / Re: How Many Millions of People Use Bitcoin?
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on: November 22, 2016, 09:12:23 AM
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I think there are more than 30 million people in the world as bitcoin users,.
how confident your allegations, I'm sure you just guess it? I do not think it will be that much. for a great country I'm sure users will not exceed 300k users, and probably a whole will only reach 5-10 million users only its really hard until now to know wahts the actual number but most of us for sure influence already some of our friends and relatives to also use and invest with bitcoin for sure from day to day more and more people are also acquiring so if just for guessing might be possible to have atleast 10M+ just for my personal guess though. 10M+ people maybe good number but it will keep increase as we know more people that know about bitcoin and it already spread to people around the world, in 2017 it will be more than 20M i think I would say as well that there might be about 10 million people who have used bitcoin already. Some of them might have already turned their back on crypto currencies. Maybe 20%. That leaves about 8 millions who use bitcoin in a regular way. At least to what I am guessing. |
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538
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Economy / Economics / Re: What do you guess about he future of bitcoin?
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on: November 13, 2016, 05:27:00 PM
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A few months ago I would have said that I gave bitcoin maybe about ten years.
After that I thought bitcoin would be replaced by another currency.
Now with upcoming segwit I think bitcoin has way more time.
Especially the approche to a larger blocksize makes me optimistic that we will have bitcoin around as an important currency for several decades.
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539
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Bitcoin / Bitcoin Discussion / Re: NEver keep all your coins on an exchange
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on: November 13, 2016, 05:22:12 PM
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I think it is difficult for a real trader to remove the coins from the exchanges every time he goes offline.
For tradings you have to react quick sometimes or you miss the right time to buy/sell. That time can already be gone after a transaction to an exchange arrives.
Besides, your coins can even get hacked at the time you are online there.
So it's a tricky thing to keep coins safe when you are a trader.
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540
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Other / Off-topic / Re: Bitcoin is a good investment now, because...
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on: November 13, 2016, 03:24:32 PM
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Bitcoin has a steady growth this time.
Supported by a lot of people and companies who use it, the demand of bitcoins will not decline dramatically in the near future.
Even if smaller dumps can be expected, the general trend goes up now for more than a year.
And if such a minor dump happens, just be patient a week or two. The brice will recover soon.
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