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7581  Economy / Economics / Re: bitcoin atm on: January 25, 2017, 03:48:29 PM
I saw some videos in youtube that they're using atm with bitcoin i wonder how far it goes. because i know its hard to if its have an atm machine. we all know that bitcoin is made to be cryptocurrency which is intended to be used online for faster transaction with no extra cost just like other remittance center. but still i want to try to use atm machine of bitcoin and to see how it works and whats the advantages of it.
i think bitcoin atm is a good adea. but currently it is not working properly, it will be more helpful when the users of bitcoin will increase, and in such situation atm machines will be more helpful.

I do not get the idea of Bitcoin ATM. The only thing i see is that with bitcoin ATM, you will get the bitcoin converted to local currency and local currency comes out of the ATM machine. that's the only purpose is see for Bitcoin ATM. as bitcoin is untouchable so bitcoin cant come out of ATM machine  Grin
7582  Economy / Economics / Re: Bitcoin in India? Not for a LOOOOONG time. on: January 25, 2017, 03:30:00 PM
then it's true that majority is not using debit card but its society are growing fastly to implement technology in their life as you said that the annual increase is huge,even though bitcoin still can be bought through other method and not only credit cards, the percentage of credit cards user in some countries have nothing to do with bitcoin

The number of debit cards will be significantly higher than that of the credit cards, and the government is also encouraging people to use them. But Bitcoin receives no such encouragement. The government actually discourages people from using BTC.
India government also bans their high value notes and also expects people wont invest in BTC. Its just not possible. If government want people not to invest in BTC, they should give lot of trust to their own currency. Only then people will refrain from BTC.
7583  Economy / Economics / Re: $1100 to $750 is significant on: January 25, 2017, 03:17:08 PM
compared to the usual drops after these run ups, it is not in any way significant.

Yeah no significance that bitcoin is going to be back at $750 from now. But what is happening now it makes me happy that the flooring price now is good at $900 and it is still gives me hope that the price of bitcoin is going to be back at $1,100. But while waiting for the price increase, somehow it bothers me if the price will go down.

Yeah i don't think theres anything to worry about as currently btc is back to +900 and is now pretty consiatent at that range for a week now. There's been a lot of forecasts that btc may go beyond 1k again this first quarter so im not really concerned but im looking forward for that to happen

Yeah even I noticed that pump. Its just over the 900$ today. I hope the value will move to some peak amount again before this year ends. Will wait watch the value. I do not think the speculation works in btc value.


Bitcoin value will increase always, thats for sure. Small dumps in price is of nothing to worry because in the end the price will continue to increase as the demand of bitcoins is increasing day by day.
7584  Economy / Economics / Re: Is Paypal a scam? on: January 25, 2017, 03:05:24 PM
paypal is good company
until now paypal still runing and not scam
paypal already made 17 years ago. and until now paypal still survive and become one of the number one payment method in the world. so I think you should not be afraid to use paypal

Paypal is not a scam of course but once we compare it with bitcoins, its look like a less user friendly service than the bitcoins. Bitcoins are easy to setup with no hassle whereas you need to fulfill requirements before entering into Paypal.
7585  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: January 25, 2017, 02:24:31 PM
i think the main advantage of it is that its price is continuesly rising and if its price became stable definetly it loses its popularity upto many extend because there is a huge list of user which are using it just for investment...... if its price get stable  would loses its users which are using it just for investment
yes the huge list of the investors are because of the investment of them but I do not think that it is beneficial because those people who only invest for profit will immediately sell all of these when the price increase while those who adopt it for their business will stay with  in every time.
i don't think so that any investor immediately sell his bitcoin when price increase upto some extent i know some of my friend who only use it just for the purpose of investment they buy it at the low trate and sell it when price get maximum so its price get stable bitcoin will lose huge number of users......

Yes, most people buy bitcoins to keep it save and get long term prices. So if bitcoin prices remain stable, it will even more give confidence to the investors.  Only the short term traders who wanna earn quickly will hate stable bitcoin prices.
7586  Economy / Economics / Re: The future of the paper money on: January 25, 2017, 02:16:53 PM
I think paper money have its own importance and will never dead. Though people are started using debit cards, credit cards and other digital currencies; there are some transaction which needs to be deal in traditional cash only. Paper money will be always the main mode of payment for day to day transactions.
Paper money is often counterfeited. Sorry, I disagree about your statement. Using paper money for traditional transaction is not practicaly because it is less effective for small fraction of transaction. I do not think that paper money will be always the main mode of payment because paper money of some countries is being worthless.
Also it is easy to burn or stolen. Need extra security to save big amount of fiat. Paper money isbad for us.
It is still more practical to use the traditional paper money, mostly in cases where online payment and digital currencies are not an option. I would say that most of the transactions I am seeing on a daily basis are done with a lot of cash, even in areas where connectivity isn't an issue. Paper money would continue to be the choice of many because of its usability and acceptance in most places. That is not going to change in the next 10 years or so in my opinion.

We are all know the future of paper money, paper money it could be obsolete those days. After so many years, we can use bitcoin as money, bitcoins and virtual money could surpass the paper money. Virtual money or bitcoins can make our future be exact what is happening, just like new technologies.

Everything has to end one day and i think Paper money has been there for a long time. Now its time in this fast changing world that we quit paper money and move to digital one.
7587  Bitcoin / Bitcoin Discussion / Re: The Reason Bitcoin will always be #1 on: January 24, 2017, 03:42:54 PM
I think bitcoin is always in the top because of the continuous adoption by more people to used bitcoin and also the good intention that bitcoin itself can help more people to increase their revenue for the month by taking bitcoin as other source of income.
I guess too, the revenue is the most top reason why bitcoin is always on top, the benefits given to the people and even the decentralized system of bitcoin it helps a lot to make it on top too, we cannot deny it that it causes much to people and helps us not only by the reason of being named bitcoin itself but the use of it to the people.
7588  Economy / Economics / Re: What Would Happen If Bitcoin Were Declared Illegal in the USA? on: January 22, 2017, 03:54:15 PM
Bitcoin is a decentralized currency and is not a centralized so it is not even in the control of US rules. Suppose if US will ban it or will consider it as illegal then the problems will be only for US citizens as all other citizens from other countries will not care for it.

Only the government will suffer as people of USA will still be able to use bitcoins online.  Government cant Ban the bitcoins completely and that's where bitcoin strength is.  So no government will do this mistake and made a bad name among its
people.
7589  Economy / Speculation / Re: You'll sell at the bottom on: January 22, 2017, 03:43:29 PM
Buy and hold, or risk selling at the bottom and losing your position.  After this dip stabilizes, we are going $2000.
This is true and i think the one who get panic on dumps gonna loss big and will blame bitcoin volatility for their loss  Grin
Dumps are actually opportunity to buy cheap bitcoins  Wink

For bitcoins, take my advice, Do not sell at the bottom ever. Bitcoin will always go up in every situations no matter what happens. If you don't have trust and dump, then the person buying at that dump will be lucky to buy it as cheap rates and earn a lot on the next bitcoin pump.
7590  Economy / Speculation / Re: where are all those who were calling $500 bottom? on: January 22, 2017, 03:25:17 PM
i have always said that it is not easy to predict bitcoin price, and future is not clear. but some things are just dumb.

for example saying that price will go to $10,000 in a couple of months to a year just because there was a rise.

the same thing goes for saying price will fall down to $500 just because a price correction happened after a fast rise to $1160
now that a couple of weeks passed with price above $800 and entering $900 range now, all those users saying things like "Crash", "since there was a drop it will drop more", "$500, $400, back to $200" have disappeared, waiting for another tiny drop to come out and start saying the same stuff again!

There are people who want to spread panic only for the purpose of buying cheaper bitcoins.
What they do is  malicious for the btc community,because it scares a lot of newbies who are too afraid to start trading bitcoins. 

How would anyone spread panic by shouting bitcoin down to 500$. Only Newbie can fall on such predictions. See the market value and demand and the price of bitcoin in last few months, one can easily say that bitcoin will never go below now. Rather it will cross 1500$ soon
7591  Economy / Gambling discussion / Re: Bitcoin Gambling Investments on: January 22, 2017, 02:48:37 PM
so this stupid thread is about hopeless pathetic idiots sitting and waiting for guys to loose huh?
fcuk yu all

Always nice to see a troll  Smiley

Haha. I think some people are jealous of other people earning via gambling. I will like to say many new sites are also coming in gambling on daily basis and also giving lots of promos and giveaways to their early customers.
7592  Economy / Gambling discussion / Re: If you could create your own Bitcoin gambling site, what would you do better? on: January 22, 2017, 02:38:24 PM
If I was running my own bitcoin gambling site, then apart from this forum, I would definitely focus on attracting customers or people from outside the bitcoin world. Maybe do giveaways in other forums for bitcoins and hence it will introduce them to bitcoins and at the same time will also be an introduction to gambling to which my site would be the first one that they would see.

Rather than focusing on people who are not related to bitcoins , it is better to focus on people currently involved in bitcoins. Best way to permote bitcoins gambling site is to start a signature campaign in this forum. Believe me you will attract a lot of customers in this way.
7593  Economy / Gambling discussion / Re: Quit Gambling for Good, think for your loved ones on: January 22, 2017, 02:33:15 PM
Immediately stop gambling now, if you find it difficult because you really addict. I suggest to spend leisure time with positive activities eg charity, prayer, and social work.

Yes, quitting gambling is good in a way but then it not easy to quit it. Just like smoking, the smoker knows the dangers of smoking, yet they never want to quit smoking, Same is the case with bitcoin gamblers. they wont quit unless they lose all their bitcoins.
7594  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: January 22, 2017, 02:27:13 PM
Of course it does matter, traders earn profit from the price of Bitcoins, if you know when to buy and sell, you can actually make a good income  Smiley

Its is not easy to know the best time to buy or sell bitcoins. The increasing price of bitcoins favor to those who are saving them because as the bitcoin price increases, their total wealth also increases and make them more rich.
7595  Economy / Speculation / Re: Bitcoin Bubble 3.0 on: January 21, 2017, 05:36:58 AM
We must even be still in bubble 6 and merely in a correction/profit-taking phase.

If we would be in a bubble, people would be busy arguing about the price and trading like there's no tomorrow.
I think that we are after a bubble and we can sit and discuss.
I feel it's an after-bubble correction and I think that this is the current state of Bitcoin, a well deserved 900-ish in January 2017.

Of course, that means your table, while it's nice and made me smile, needs to be adjusted.

And it's too early for a new big bubble; we may stay for months in 800-1000 range...

For me if bitcoin remains stable above 900$ for three to four months, then bitcoin is again ready to set up for next big bubble. I think this time after bubble and pump, we shall see price stable at the high prices and not falling down much. If all start buying and so selling,  bitcoin will just blast to 5000$ or even more.
7596  Economy / Speculation / Re: I have not invested in Bitcoin when it was 200 US dollars on: January 21, 2017, 05:28:34 AM
Why not buy one bitcoin today? If it falls to $600 you buy one, at $500 you buy one. And so on. Your average buy would be ~$ 633. So you don't have that much lost(%). If you bought one bitcoin today and it wil start to rise to $2,000 you don't regret. If it keeps falling you can buy with fiat to make your average buy <<.

Just make a plan. And if you believe in Bitcoin this is the best investment strategy.
in
 
Making average at every fall of Bitcoin is good, at present I don't have money. I wish to invest in Bitcoin in systematic investment plan monthly. That is common wish of every people becoming millionaire by over night. But it is fate for some people only, most of the people are not invested due to fear/risk so they have not benefited.
even some people has brave to buys a lot of bitcoin when dropped to $200 but most people also felt fear to buys at those price because they fear about the risk and thought the price will never get back to $1000 again and i personally don't dare to buys at the time but currently still not late to buys bitcoin even for small amount because there is still a chance for the price go up

Those were lucky people who buy at 200$ and took the risk that time. Now bitcoin will never be that low and it will keep on moving up. My suggestion if you have money buy bitcoins now at 920$ and surely u will double them in 2 years time Max.
7597  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][EGC] EverGreenCoin | Environmental Green Causes | Full 7% PoS | Foundation on: January 21, 2017, 05:20:52 AM
We do have a delisting warning at C-Cex. If anyone can bring some volume to C-Cex to hep prevent that, it would be greatly appreciated. If you are in a position to do so and will, thank you in advance.

I dont have a C-cex account yet. What kind of volume do we need, and how much are we pulling now? Did they give us a time limit?

According to their website, 30 days from yesterday the 18th is the time limit. .2 BTC average daily is the requirement. Yesterday we had over .75 BTC last I had checked.

This is the exact date of mongolian new year. Delisting would be imminent unless someone puts up buy and sell walls spaced by 1 satoshi, and sells or buys into them, producing fake volume. He would need to put these walls up again, and flip them. Though theres no point in doing that coz ccex is believed to close before sunday.

There is a strong community behind this and they are going to support the coin and try to get it off the de-listing. Jump on board while they are still cheap. They just launched a new website and there are many green initiatives on the table. Seems like a solid project!
7598  Other / Off-topic / Re: Whats Your Current Balance In Bitcoins ? on: January 21, 2017, 05:05:51 AM
Why can't you make a poll for this, instead of each users telling you specifically the amount they have and where they actually store their BTC. For me, I won't release such information to a newbie account.

I also think same. what benefit we shall get if we disclose our BTC balance here. Maybe OP looking for rich BTC holders and then might contact them privately for some investments etc.  If that is the case, OP shall disclose before so that only interested people shall disclose their balances.
7599  Economy / Economics / Re: Are FIAT Currencies Facing an Extinction Level Event? on: January 21, 2017, 05:02:30 AM
Fiat will never die because governments and big corporations like the banks can't and won't allow themselves to fal, BUT Bitcoin is gaining more momentum so that will just give BTC an edge and a way for people to guard their wealth as a safe haven in the future, a bit like gold.

A decade before no one can even think that fiat has any threat of losing value to digital currency and now we see the current situation.  People still think that Fiat can never die but who knows in the next 10 years there shall be no fiat. I just cannot rule out this thing that fiat cant die, It CAN  Wink
7600  Bitcoin / Bitcoin Discussion / Re: Bitcoin for fashion business? on: January 21, 2017, 04:58:15 AM
I don't know any fashion company which directly accepts bitcoin. Maybe it would be actually good marketing move to start doing this?
Then you could advertise yourself as "First fashion company to ever accept Bitcoin". It certainly won't harm your reputation but rather made you more popular.
In the future - where bitcoin will hopefully be more recognized you would be labeled as "Company which accepted Bitcoin since 2017". Pretty amazing deal IMO.

I think bitcoin is more popular in Porn fashion industry. Since Viewers love to hide their identity in the porn, so they choose bitcoin as their best source of transactions. On the other hand I think if Hollywood starts accepting Bitcoins, then all the other countries film making industries will be encouraged to use bitcoins.
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