Bitcoin does not help to solve the problem of world poverty, because that he is like gold. The rich will use it to make more investments, and the poor will have a much lower financial position.
It can help to solve every bitcoin user to get out of poverty depending on how he is working with it. And this is a fact, you know how to make grow your investment and it just doesn't grow without doing anything. Unless you are a big time holder and you hold a lot of bitcoin then you can contribute and lessen the people who are in the poverty line. well I will not agree with you word “NO”, because look at the position of bitcoin. Bitcoin step into the market 8 years ago and right now it lessen poverty in the word and soon in the future bitcoin remove poverty from those who are little bit educated, because bitcoin can’t help those who know nothing about internet and bitcoin, so it is not bitcoin’s fault to not remove poverty from uneducated peoples. |
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Bitcoin is not great right now because there are huge transaction fees and of course no one wants to pay 10% for one transaction, especially small amounts. With that said, it will get better with Lightning Network.
yes you are right these transaction fees really made pissed off some of the biotcoin users, because at the start they earn very low amount of bitcoin from here and when there is transaction fees, user get so little amount, so this is why they backed off when they see such high amount of transaction fees. But I suggest most people that keep working because this transaction fee become less in future. |
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Well..you have to have an online wallet where your coins come and where you can collect Bitcoin , in time so yes it provides you an online income.
yes you are right, every process of bitcoin performed online, even if we want to use our bitcoin in shopping then whole process comes to online and we make deal online. Let me tell you more things about bitcoin then peoples actually believe that bitcoin is online earning, bitcoin never exist in real life, I mean it only remain on internet. |
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faucets?
Nice idea given by you but I do not think that these type of sites often contain faucets because they will focus on the development of their site and they are selling all of their coins and they will burn the remaining coins. If they will start faucet then they will also need to spend some money on faucet which will deduct the money of the studio. They can start a faucet when they start earning from their website as when they will start earning then they will be able to pay the people for to claim the faucet. many people who cannot afford in the beginning often search for the faucet in order to get entertained. The developers will have better planning for that but if they will like to start faucet for their website then the newbies who only want to test the site will be able to check the site with not any deposit so if they will like the site then they will deposit their money. |
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My opinion, If i have a lot of money, i will buy bitcoin for investment. Or buy altcoin then invest in the masternode.
Buying a lot of asic miner is also the right choice. Build a miner field.
Investing is far better than saving money. Saving money can give you 7% interest per year… just? Investing is the key to growing up the money and especially in bitcoins that will double triple your money just have some good technical and analysis skills. |
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Maybe yes and Maybe no there are times that bitcoin may fall but since we are in new technology that runs our world and bitcoins will be change our economy then bitcoin will never lose its value even if wer are going the new generation there's no such thing or any reason for the bitcoin to lose its value untill no one uses it.
As technology is upgrading there's a chance that bitcoin can lose a little bit of it's value but I don't believe that it will completely lose it's value. I have a hint, that the biggest person, CEO's of IT companies are even predicting that bitcoin can be a big blast for the next years to come. I guess they have a plan to pump bitcoin. Yes price of bitcoin can fluctuate and it can go so down but still it will not lose its value because the future is bitcoin. As said the IT companies and firms and now some countries accepted bitcoin to be currency acceptable for business trades. So definitely it will not lose rather it will rise up the currency value. |
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the above statement mean that you still are providing the token at a discount price? Can you provide more details that what is the criteria so that we buy the coin again at discount rate. Because I often buy at discount to get the profit at the end when the price of the token come to its high original price at exchange. You are seeing the email address of them , you can contact there and there you ask them for the details that how will you get the discount. I think it is for those people who are willing to invest a more high amount of money in their token. |
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They say hodl is the way to go. I am sceptic about this. Sometimes it is just better for your nerves to decrease exposure. On the other hand, if I hodled all the coins I ever bought I would be stinking rich.
Long term speaking, hodling is indeed the way to go. If that hasn't been clear yet to the people by now, I seriously don't know when they will ever realize that. Short term speaking, cashing out profits isn't all that bad. In cases where the price has peaked at such a level, where you expect a correction to be due, it only makes sense to cash out some of your profits. It will allow you to buy back and increase the number of coins that you have -- who doesn't want that? What it happens is that holding is not sexy enough, holding seems boring for a lot of people and they prefer to try their luck in trading without having any idea of how things really work, many people have the idea that the more they do the more productive they are but sometimes the most productive thing you can do is to wait. waiting Is productive thing but one thing make it more productive with wait, if you work while waiting then you will get more then you imagine because just waiting gives you good amount but wait + work can give you even better, and the thing you said become boring while holding can also be remove by work while holding. |
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Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
True, but on tge other side bitcoin was banned in their country with no certain reason maybe they saw some vulnerable things that may lead some of the individuals of society may be involve, but I believe bitcoin will contribute a lot in the sense that it provides people enough and if youre lucky enough so much money to feed yourself. Those countries that banned bitcoin banned cuz they didnt have anything to control it or to manipulate with price. Think why would they ban it in first place if they see it as something that will ruin there plans in total. Bitcoin is something that need the world and it was good that it was created so that everyone can use it and have it not to ban when someone see it like that. Well you said very well, many country banned It because they do not have proper online system for deposit it and the thing is banks where not accepting it, but we need to make bitcoin legal in every country because there is many jobless people out there in every country and wait for some better thing for job I think bitcoin is the best job for jobless at homes. |
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it's not an ethereum hack. it's a wallet hack. maybe the people who build stuff like this haven't caught up to how valuable it is these days.
I still can't understand why they keep calling this ethereum hack. This is clearly a wallet hack and people don't see this. They think it's a bug with ethereum interestingly. Parity is like official ETH wallet,because the same developers are working on it. It is like if Bitcoin Core will develope her own wallet. <the same is with Parity team. But the hack was not on Parity but on smart contract on which multisig wallet was operated. Multisignature wallet is smart contract between wallet and peoples evolved in contract. Gavin Wood was made dumb mistake writing the code for this contract. Gavin Wood is first creator of ETH.Gavin Wood is human. Humans make mistakes. The problem with decentralized app is that it become visible for everyone and 1 mistake will lead to money loose. Gavin Wood will pay for this error ofc. The price will crash after BTC rise..They cant crash it now,because than it will be critically low on Segwit news. I second your thoughts. It’s nothing out of world that the wallets get hacked due to some human error. After all, we all commit mistakes no matter how qualified and experienced we are. So is the case with Gavin Wood. May be prices will crash after Segwit. But it would be then really heartrending for eth supporters if it is dumped too badly after the Segwit. |
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I want to join
Username: bestluck
Post count: 979
Rank: Sr. Member
BTC address: 1BFwvWVdL9x9tSJpB1awZeHXTLtXxJhCFZ
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youre pay rate 50k satoshi/post or 50k satoshi/week
if true only 50k satoshi/week youre serious open signature campaign use pay rate only 50k satoshi/week to hero member/legendary member
I think it is the budget of the owner of the signature campaign and he may not be able to afford higher because he is in the initial stage of his business. As he will get more traffic and his business increase up then he may increase the pay rate. |
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because in bitcoin trading there is no risk to invest your money.
Not? If there are no risks involved, how do noobs end up burning through their entire holdings in a relatively short period of time? How do even experienced traders take occasional hits when it comes to trading? How do whales end up growing larger? It's because they control this market with iron fist. If you can't ride the waves they create, you'll get eaten alive - especially with a mentality that is similar to yours. Not being able to see and understand what risks are involved in trading is very dangerous. For your own well being, you shouldn't be doing any sort of trading. Yeah! To some extent you are right in this regard that trading involves risk. But there is nothing in this world that does not involve risk taking. All successful people had taken big risks in their lives. If we talk about bitcoins, they are only risky if you do trading with emotions. |
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This always happens when the price is in a downtrend...The ones stuck in fiat who missed the rally from $100 are trying to get others to panic and sell so they can buy bitcoins for cheap...
Some of them are trolls and just want the attention...best to ignore them...
That is the main point of people when they are saying that bitcoin is dead. If you do not know bitcoin well the sudden changes on its price may cause you to panic and think that bitcoin may stop on developing and it may gone or at the same time die on its price and process on the market. But as I have said the process of development also needs the decentralization or the down movement of the price of bitcoin in order to make a move on developing its transaction, price and its security features. You are right here but the prices of Bitcoin is not falling down even it is being increased day by day then why people think that it will be dead or it is dead. There is no proper point to say so bitcoin is just moving a upward. And so it depends upon supply and on demand. So its demand is increasing day by day for sure the supply of Bitcoin is going down with time. For sure it is going increase in future. People should look at its price then should say something about it is either alive or dead. |
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I actually hope that BTC will raise very high and reach enormous value. Also i believe Bitcoin will become stable then and maybe, who knows, it will be regular currency  Yes you are saying well about it we can not properly say anything but we can predict only and for my opinion I really don't think it will have any change even in 10 years past. The idea of Bitcoin is really a good step but the only problem I think of it is the amount for each Bitcoin at price of floor. There is a small possibility that people maybe stop using it and if such issues ever occurred then there will be low percent of people considering Bitcoin is real currency but still we can hope for the good so let's see what happens. |
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the best double youre money you can use bitcoin to trading
investment in bankrool in gambling site, follow cloud mining(but is very long time can double youre money
Well, there many ways to get much money by using BTC.Try to convert your money into BTC then, trade it in any trading sites to make much btc. Furthermore, try to play in gambling sites to make your capital double or triple. However, it’s too risky because there’s a possibility that you btc would not come back. When it is really good to think about making good money through Bitcoin and it is really true that it is an easy way to create money how to increase your money and it is also a ride. That you alright target for it in as you also said that gambling could be dangerous as I also don't like gambling because as you play it on scam that is possible that your bitcoin could you lost because of the changes according to daily but there is also a change that if you are lucky then you will make good money from gaming even just in a few hours. |
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I don't think there's a bubble when it comes realty. The simple demand and supply will be the real reason why investors loves to invest to house and lot. It's a basic need of human being and it's a normal movement of pricing for a house and lot. And well it's everyone's dream to have house so he has the right to buy as many as he can and the government will be on their favor as they will pay tax.
Yes you got the point here and a lot of people think the way you do. But there are more and more houses are now going to build but it still need to go just up. It actually dependent on the thinking of the users. And it is really amazing that it is already happening there in earth far away in a well developed and well balanced country Australia. But I guess in our country's people think that either if you don't have a house to yourself even though it is of economic values for you. |
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I am also of the opinion that the price of bitcoin will increase more higher because many people have their money invested in dollar and some have saved their money in dollar but when the price of dollar will fall then people will search for other good currency which will be easily used for international use then they will find bitcoin for that purpose.
First tell me how it will fail. it is not computer code which will be affected by something.price of usd may fall with respect to some other currencies but will never fail. Do not misunderstand usd and bitcoin , bitcoin has become a new investment asset but it cant take place of usd as it is not stable Currencies are certainly not computer code But that doesn't mean that they can't fail. Even whole countries can fail, they are called "failed states". For example, Somali is considered a failed state, while Zimbabwean dollar a failed currency. A failed currency means that no one gives a fuck about it, i.e. no one is going to exchange even shit for it. If you think that the US dollar is somehow conceptually different from its Zimbabwean cousin, you may have to reconsider your point ^This. Fiats are currently safe to hold your wealth in because people perceive as it being safe. As soon as people panic due to some sort of negative news, then fiat will collapse. The financial crisis in 2008 came close to disrupting the whole debt cycle, but they decided to bail out the banks by printing more and more fiat. Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?
Well the bitcoin currency is a crypto currency and is not dependent on any economy so in the even that the US currency does fall, it will just make the bitcoins currency rise up against the US Dollar and that will be it. I am also of the opinion that the price of bitcoin will increase more higher because many people have their money invested in dollar and some have saved their money in dollar but when the price of dollar will fall then people will search for other good currency which will be easily used for international use then they will find bitcoin for that purpose. First tell me how it will fail.it is not computer code which will be affected by something.price of usd may fall with respect to some other currencies but will never fail. Do not misunderstand usd and bitcoin , bitcoin has become a new investment asset but it cant take place of usd as it is not stable. Bitcoin and USD is very different and you are right because if USD price falls then it is just temporary and it is not that a big deal because you can still use your money to buy things with almost the same value while in bitcoin it is a very big deal if the price falls because you can't buy the things that has the same price in bitcoin. If USD falls then it will be a small problem but if you want to be safe in inflation then just store your money in bitcoin. I would argue exactly the opposite. Bitcoin price drops are only temporary, whilst if you see a fiat collapse, it usually will collapse alongside the country itself. Because the fiat is attached to its country a collapsed fiat currency rarely gets revived, unless it gets revalued. Bitcoin is increasing and its gonna raise its price till last and will never lose it ever. Is according to your point if the USD falls then it will fall alone and other currencies will not join it Falling In price because it is completely exclusive of the cryptocurrencies and cannot effect on the price quality of the Bitcoin. the USD is bounded by the US government Bitcoin is standing by the demands of rising price and the supplied by cryptocurrency Union. |
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Looking at some major crypto charts e.g bitcoin, ethereum, dash etc., it seems that this 3 day correction is almost over.
onwards and upwards! Tomorrow will tell.
It is actual super good that we hand at around $100b crypto marketcap. Perfect would be to hang here for few months. We got to here in only 3 months from $20b. It would look way nicer if start winter at about same ranges. Well crypto currency is really spread over the carpet now and it really needs to bring its city’s use most of the coins. Its not yet seen proper correct and well hopeful have another much sooner than we world like to. Its really weird to see that no longer I world happen this is some weird cycle that people see no since to it . as the bitcoin getting down a bit and for some reasons the entire board goes red and afterword triggering weak hard to panic sell all around. Crypto correction is good they here are smart investor. So good to see it around and also hope for the best cye. But as yesterday we all noticed that the price raised again which is the real future of bitcoin. |
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it depend to your faith with bitcoin, your instinct and also your need, for me, i believe bitcoin will hit highest price and i can press my need
I believe also that btc value will really pump again, id been see it's value before and i see that it really works. Bitcoin increased its price more than before now and some people are still hopping for the increasement in its prices. If I take it for me I will still hold my bitcoins no matter if the price is volatilizing or not because I read about bitcoin value of future and that will increase more and more and it think its more normal if we use the price in the market that is always changes every day and we don’t known that the time will remain up or will become down but wif I have more money I will buy more bitcoins and will save it for future in my wallet. I would rather wait for high price again. |
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