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1  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be used by ordinary citizens? on: March 25, 2017, 08:43:29 PM
as long as they understand what it;s bitcoin  and how to bitcoin working they are entitled to use bitcoin, for people who do not know bitcoin I hope they seek to know first about bitcoin before using. bitcoin can be used by anyone

Understand is not enough, the biggest problem is bitcoin can not be used directly, this may be the Government not approve to use the bitcoin, moreover  fiat money is still popular and can accept anyone and easier than bitcoin.

It is true, an understanding is not the important thing. The reason is not the only place that bitcoin is understood only and then they use it, bitcoin is a place to make deals that are very profitable. If it is true that the Government does not accept or approve bitcoin, then it is not a matter of right. Because the Government also does not have a strong enough influence in the price rise, so things should be taken into account is on the decrease of demand bitcoin which can lower the price of the bitcoin and stability
 
If we are talking about ordinary citizens, it is understanding will play a major role in their relationship to bitcoin. I can not imagine my old people who use bitcoin. They did not even know how to interact with the Internet. And there are at least half of the population on the planet. I'm not talking about children and people from the suburbs.
2  Bitcoin / Bitcoin Discussion / Re: Where is the beef? on: March 25, 2017, 08:39:50 PM
Quote
No actually nodes are ran by many other normal users and bitcoin service providers along with the miners but miners play important role in hard forks. After hard fork the network which will have majority of mining power will survive while the one which doesn't have much support from miners will ultimately die.

Thanks for that... Could we see repeat of Ethereum? Both ETH and ETC are still alive 10 month after the fork with sufficient hash power to support each branch. Ethereum brand has survived so far... I guess ... Nah, we should be fine.  
The cases are different the Ethereum fork happened very early in the life of the coin a fork now for bitcoin could spell disaster, because even if at the end it works out many investors will leave and never come back .

This is certainly worrying me now. I can barely grasp the technical details. I'm one of those users who got into bitcoin just using local exchanges and use that to send money or buy bitcoins and hold them. I don't know now if this would cause my coins to lose value. I'm not surprised that some people have been selling off their coins. True some of those might be "whales" or whatever but there are also probably those who just find this all complicated and want out before they lose money.
The chances for a hard fork are low at the moment it does not seem like either side wants to get out but if at some point BU earned enough support then there is the chance they may try it anyway since they will feel they have a chance in that scenario of becoming bitcoin and not an alt.
I understand that for beginners, these nuances can not be known so immediately. How can you be aware of this and not worry about your coins. Probably it is better to have patience, and wait until the end, keeping your bitcoin in your wallet.
3  Bitcoin / Bitcoin Discussion / Re: If Satoshi reveals himself, what would be of Bitcoin? on: March 25, 2017, 08:34:22 PM
If Satoshi reveals himself, won't change anything in the bitcoin, as he is either or not engaged in the bitcoin, just like now.
Bitcoin has already been created and exists, so nothing the appearance of Nakamoto will change. Although if you take into account that he is the creator, he could assume such a development of bitcoin, and hence he can be a very large bitcoin holder with a lot. And this is a good opportunity to influence the course of bitcoins.
4  Bitcoin / Bitcoin Discussion / Re: How to explain bitcoin to teenagers or children on: March 17, 2017, 09:05:24 PM
Because of their age children have no chance to earn thier own money in most countries. I'm not saying children should work all day long, no, they should rather study, but it they have a chance to earn a little, working not more than 1 hour per day, that's great IMO. And Bitcoin gives them that chance.

A lot of children are earning but most likely in illegal ways specially in 3rd world countries. They are being exploited everywhere like peddle drugs and sexploitation. My point is, not every children can be given equal chance to earn with bitcoin. Those children or kids at a young age which can potential earn bitcoin is very lucky specially in USA or UK unlike their counterparts in other side of the globe, which have to do hard labor and sometimes exploited to earn money just to survived.

If you answer the question posed, then you can already say with certainty that there are plenty of opportunities to earn money for children on the Internet. But only you need to answer the question of what you need to do to earn money. If you participate in the signatures of companies, then this is one and quite an easy task, and if more complex conditions, then what age will it take to perform work qualitatively?
5  Bitcoin / Bitcoin Discussion / Re: How much of your wealth is in Cryto/Bitcoin? on: March 17, 2017, 08:59:40 PM
For me it's only around 15% of all my savings in total. I do buy some Bitcoins every month, but I also sell some if there has been a recent increase in value.

I find it still too risky to put more of my savings in Bitcoin, I also put some in altcoins and just regular fiat.
So you are not even ashamed to voice such interest, unlike me. I have been trying for so long to figure out and find the right way to earn bitcoin, but so far it's not working out. Signatures of companies do not earn much.
6  Bitcoin / Bitcoin Discussion / Re: Do you think the transaction fee will kill bitcoin? on: March 17, 2017, 08:56:22 PM
I don't think the fees are going to "kill" bitcoin. But in the long run, making bitcoin less used as of today, yes for sure
The problem with high fees is that eventually the fees can be so high that the amount of bitcoin that you have in your wallet is enough to pay for the transaction in itself, this is happening with faucets but it may happen also to all of those that make microtransactions in bitcoin.

Then don't use faucets... they're just time wasters anyway. I don't know about you but I'm worth a hell of a lot for then 10 cents an hour thank you very much. Spending one input right now is about 30 cents if it's low-medium priority (so it confirms within a few hours). That's not a huge amount of you're dealing with decent sized (in terms of monetary value) inputs.
in act faucets  can give you a very limited income, i think it is more better to invest a little amount of bitcoin in trading instead of wasting time in faucets .
I will not catch very much in the opportunities for earning money on the trade, since I recently study bitcoin, but I'm sure that the trade is better than the cranes. The main thing is to know what you are doing and why. Although in trade, too, you need to have good luck.
7  Bitcoin / Bitcoin Discussion / Re: What about the idea of a bitcoin shop in big cities? on: March 17, 2017, 08:51:58 PM
I don't get it, how can you expect to earn a profit if you are not willing to risk your money?
The question of course is interesting, but the fact is that there are a lot of opportunities to invest your money with minimal risk. But only if a person wants to receive more than profits, then there is no risk not to do. And if, for example, invest in real estate and receive from a lease, then there is almost no risk.
8  Economy / Economics / Re: Passive Income on: March 09, 2017, 10:17:37 PM
Try to trade or invest your bitcoin to have passive income or here in forum. When i started here i try to quit but then someone incouraging me that i continue what am starting. Then my account i started to ranking up untill i joined signature campaign now i have passive income and i earn money too.

Signature was not entirely passive income, since it is necessary to make efforts. But to call it hard work, too, is impossible. My passive income - it's an investment in my Bitcoins different projects
Yea, you are right and i don't think trading or investing is some kind of passive income. Because for trading you have to be very active. You have to buy you have to sell. And for the investment, you have no income until you sell your coin. This is not passive income, this is profit.
Totally agree with you. Some users for the sake of this work leave all other concerns and receive a good profit with trade or investment. But this needs to be given enough attention and that the most important costs are doubly returned.
9  Economy / Economics / Re: Saving actually works! on: March 09, 2017, 10:12:53 PM
Saving has always worked, and not only when it comes to money, if you can find a way to save energy in your home, then you will pay less for the electric bill and in return that will put more money in your pocket, so saving works in many aspects of our lives.
That is actually part of saving. The bigger the cost you cut the bigger the savings you will get. That is the best thing about saving money, you will never thought that you have that kind of money in the first place until you try to save money. Spending your money on unnecessary things like expensive phones and cars will only make you be buried in debt if you don't have a establish savings and investments. You must try to save and invest now and spend later.
The cast cutting will help you in your future if you not think about your future and spend money like water you will face a lot of problems in future. So saving money is very important and it must need for every person. Yes, don't waste your money for unnecessarily things. Only spend money for your daily needs and save rest of money. It really works in your future.
No wonder people came up with savings. If you follow all the rules, you can save a lot of money. We need to watch ourselves and we can make sure that we sometimes buy so much unnecessary, that this money for all the years would be enough for a car. Maybe. Lol
10  Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy on: March 09, 2017, 10:09:17 PM
Bitcoin reaching those ammount once again would mean a big issue problem had been found and exploited, this wold be the end for bitcoin, since pretty sure altcoin would replace bitcoin once it start to crash.
A lot of opinions and all of them are different. Most experts say it is exactly for bitcoins a promising future and at the same time the opportunity to become the only digital currency in the world. I do not know how this version will be implemented.
11  Economy / Economics / Re: Why the price of Bitcoin change more than traditional currencies? on: March 05, 2017, 07:38:20 AM
I don't think it fluctuates more than some fiat currencies because this volatility has been there from day one just like my local fiat which has such high fluctuations too. This has been on going for the past 8 months after the halving. The reason behind bitcoins volatility has to do with people's growing interest and the panic sellers. Those two seem to be occurring every now and then so it keeps taking all of us for a roller coaster ride.
But panic selling would bring the price down, isn't it ?
I mean the more orders getting filled at cheaper price would mean less orders at a higher price and hence a low overall price of bitcoins.

Growing community hasn't played all that big part in the rise and change of price because you see the price almost doubled up and the community hasn't even grown 25% in this much time as compared to original community. Maybe there are some big investors in bitcoins that have caused such a rise ?
You are quite right said. Such manipulation of the bitcoin courses are held group of users who have a large number of bitcoin and they especially do bitcoin price fluctuations on the market, then to be able to earn on the difference in price.
12  Economy / Economics / Re: Do you Still believe in Fiat? on: March 05, 2017, 07:34:34 AM
if you think about it, fiat money is under extinction... we use "digital" money more and more. We pay for goods and food via credit / debit cards, we pay our bills via e-banking, we get paid via wire transfer, we barely get the chance to get our hands in real "physical" bills and coins.

But digital money is just fiat in digital form. All of the digits written on your debit card and all the money that you get from wire transfer, all of them can be converted to fiat in no time. It's just much easier to use fiat in digital form, thus, we do so. It's really risky to bring worth of 10k$ in the store since that'll require a briefcase and it'll get the attention of the thieves.

Despite the fact that we're using cash less than before and we're starting to move to a cashless society, people are still not using bitcoins because they were never introduced to it.
I think that this is already too much to think about that a thief can steal a suitcase full of money. Already one such amounts is not in the store. If you go, it is only with a bank card, which is money. Almost Fiat also can be in digital form. But when there is a couple of kupyur in your pocket, it's not too bad. Different cases are in life.
13  Economy / Economics / Re: A little perspective: $198 to $1139 then and $198 to $1139 now on: March 05, 2017, 07:30:24 AM
Bitstamp prices, same zoom setting, same 3-day increases candle, the result:



As you can see, this is natural sustainable growth, we are not in bubble territory. If we started a 2013 type of uprise, the price would be at $10000+ with that steep angle, which means, anything is possible and we have not started the FOMO yet.

There are no more bubbles because there are no more fake volumes and market manipulation that comes from the Chinese Exchanges. After PBOC inspection of those exchanges the problem was settled and everything was back to normal thus the CHinese Exchange can no longer create bubbles that will really affect us. This time the price increase was not manipulated and therefore no more bubbles.
And who can guarantee that most of the manipulation of the market will not? If the team has tried thus raise their income from the difference, which they themselves created, they will repeat it constantly.
14  Economy / Economics / Re: why is it so hard to buy bitcoin on: March 05, 2017, 07:04:57 AM
I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. 

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.    Huh

You need to get mad on this things or you don't have to worry because it is very normal for the exchange platform to get the information of their client for the security purposes only. And you have 2 option that you can do 1st follow what they want you to do or don't follow their rules restriction on buying bitcoin.
One simple way a friend of mine when I was new told me was to buy dollars in these of any : perfectmoney, paypal payza, etc and once you have uploaded simply buy bitcoins with them.

This way you can never be traced since government or any one never doubts these payment processors and hence its quite simple. That advice he gave me is yet very useful and one that I personally follow.
Today, many payment systems have to deal with bitcoin, even WebMoney recently offers bitcoin wallets. By now, these systems have requested all data on the owners, so that transactions with bitcoin they TER informed.
15  Other / Politics & Society / Re: Trump knows about Aliens?? on: February 25, 2017, 09:50:38 AM
Ofcourse he does, that's why he's building a wall
To prevent illegal aliens entering the country  Cheesy Cheesy

If we're talking about extraterrestrials, as a president of USA
He's probably informed about everything we know about extraterrestrials, however, it's hard to know, how much we know about them
They certainly exist, but have they ever visited us?
Trump won't tell us, just as any other president so far
All presidents only tell tales before the election, when more candidates. All promise no one will ever perform. It's obvious. And who knows whether there is what they tell the public.
16  Economy / Economics / Re: The future of the paper money on: February 25, 2017, 09:39:17 AM
Paper money might still exist in the future since it has long been trusted by many to be used. There is also a possibility that fiat currencies in the future are in the form of crypto-currency, digital currencies that will be backed by government and not bitcoin since they like their currency to be controllable by them, the government. There is a chance that bitcoin is still alive at that time but it will just be another payment method online.
There is no "might exist" because it will really exist until the future. The government will have anymore ideas on what is a better currency than what they have now. Also Fiat now has a form in cryptocurrency, this is what banks does. Converting your money into debit, you can even make it a credit account. No one will ever try to form a fiat currency into a Virtual money currency because it will be useless.
You understand that digital money there until the system is working, there is an Internet and electricity. If you remove these factors, it is clear that the paper money is more stable than digital.
17  Economy / Economics / Re: The future of the paper money on: February 25, 2017, 09:38:54 AM
Paper money might still exist in the future since it has long been trusted by many to be used. There is also a possibility that fiat currencies in the future are in the form of crypto-currency, digital currencies that will be backed by government and not bitcoin since they like their currency to be controllable by them, the government. There is a chance that bitcoin is still alive at that time but it will just be another payment method online.
There is no "might exist" because it will really exist until the future. The government will have anymore ideas on what is a better currency than what they have now. Also Fiat now has a form in cryptocurrency, this is what banks does. Converting your money into debit, you can even make it a credit account. No one will ever try to form a fiat currency into a Virtual money currency because it will be useless.
You understand that digital money there until the system is working, there is an Internet and electricity. If you remove these factors, it is clear that the paper money is more stable than digital.
18  Bitcoin / Bitcoin Discussion / Re: The danger of the cyptocurrencies on: February 25, 2017, 09:30:50 AM
Let us not hope already that majority of the population in this world will adopt with bitcoin, only few people are willing to take the risk of this new technology. As the world moves to the new technology, there will be people that will be left behind due to lack of capacity and education to adopt.
That is the reality but it's not the danger of crypto currency as we can still be progressive even without the adoption of the majority.
the danger what op talking about are a worries on how government can seize your money over the internet/computer much more easy than when have to do it in real life on paper money like USD and i think it is just excessive anxiety.

too much speculation here without a good proof on what can bitcoin do to threaten financial system

Well, if we are talking about what Bitcoin could potentially do to a financial system based on fiat, that seems to be pretty straightforward. Basically, it could just wreak havoc in the finances of a country. In fact, an incompetent or downright rogue government might do essentially the same even without Bitcoin, for example, by heavily devaluing their currency, but Bitcoin can do exactly that entirely on its own, i.e. crowd out state money. Indeed, this is highly unlikely to happen for such conditionally hard currencies like the US dollar or Euro, but it is quite feasible with weak currencies like the Venezuelan bolivar

Many currencies across the world have less total value (market cap) than Bitcoin (in dollar terms)
I think that the dollar will never fall. This currency is not supported by many states only, but many financial institutions. I think that bitcoin compete with Fiat is not necessary. Of course, in the third world countries, the national currency is very weak, but there are still the main figures in the foreign exchange market, the euro and the dollar hold well.
19  Other / Off-topic / Re: Tell me Your Favorite Movie! on: February 25, 2017, 09:21:52 AM
The Godfather
The Lives of Others

I'm more like the gangster drama, The Godfather. I like films about gangsters and their lives. Recently, I watched TV series Ray Donovan, in this series, too, that that is good.
20  Local / Разное / Re: Мозг человека развивается до 30 лет on: February 21, 2017, 09:18:43 PM
А как же выражение "Век живи, век учись" т е мы же напрягаем мозг до последней минуты нашей жизни, да где то он не так активен и так далее. А наши бабушки и дедушки, которые не знали, что такое интренет айфоны, а сейчас некоторые из них в этих областях очень даже рулят.   
а это как мышцу качаешь. Если делаешь чтото  , то и результат видно. Так и с мозгом. Получаешь знания, становишься умнее. Но количество серого вещества имеет свои максимум.
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