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1941  Economy / Economics / Re: Bitcoin is Freedom on: December 04, 2016, 09:54:15 PM
Bitcoin is a double edged sword , on one side it provides total security so you don't have to worry about your hard earned money getting stolen or your account getting hacked because of the anonymity when using it, unlike bank accounts that ask you for your persona information , and it is very easy and fast to use , no tax unlike the virtual bank accounts that take half of your money, but on the dark side this all provides a perfect environment for hackers and drug dealers to provide their illegal services because that way they can't be traced down
1942  Economy / Economics / Re: why is it so hard to buy bitcoin on: December 04, 2016, 09:37:19 PM
Trying to buy bitcoin requires id and submitting some personal information , in the past it was easy to get you hands on some btc but with the price of bitcoin going up means you are paying a large amount of money and this is a way to try to control the flow of bitcoin because recently bitcoin has been used in some illegal action and by many drug dealers and hackers to provide their services on the black market and that is the main concern of the governments and the bitcoin community so making bitcoin as safe as possible and be used for the right purpose.
1943  Economy / Economics / Re: Bitcoin price vs. hash rate? on: December 04, 2016, 09:31:29 PM
Well as bitcoin becomes more and more harder to mine means we need more has power for it which means the price of the bitcoin will go up even more, currently people joining pools and trying to mine bitcoin is not that profitable so i say if the hash rate is small the bitcoin price goes up
1944  Economy / Economics / Re: Bitcoin to be international currency on: December 04, 2016, 08:48:11 PM
Bitcoin has been used for along time now , and without knowing it it became an international currency , the only problem is is that is not stable it does not have a fixed price that is why investors are afraid of it and thats is why it is not treated as an international currency like US dollar and Euro, but my hopes are that one day the bitcoin will stay at a certain price that way every one will use it and treat it right.
1945  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is the best future currency? on: December 04, 2016, 08:00:47 PM
Why Bitcoin is the best future currency simply because it is safer to use than bank accounts that ask you to put personal data every time you wanna buy something, because bitcoin is the easiest and fastest way to send or receive money, as if why other currency are not good simply because alt coin are just dump coins they were created simply because bitcoin got harder to mine , so mine alt coins and trade them for bitcoin.
1946  Bitcoin / Bitcoin Discussion / Re: is it possible to hack your bitcoin from your wallet? on: December 04, 2016, 07:40:51 PM
The fact that bitcoin address are constantly changing makes it impossible for anyone to track down your wallet, why do you think governments don't wanna use it as an international currency , and why do you think hackers and drug dealers use it on the black market thats because no one knows where the bitcoin goes to.
1947  Bitcoin / Bitcoin Discussion / Re: If bitcoin died tomorrow on: December 04, 2016, 07:11:22 PM
It is impossible for it to reach 0$ so fast , getting rid of bitcoin is not gona be that easy , even if every country in the world banned bitcoin it is still gona be there sure the price will go down which in that case people will panic and start selling it , but it will never go between a day and night it is not that simple
1948  Bitcoin / Bitcoin Discussion / Re: What do you think are the biggest disadvantages of Bitcoin? on: December 04, 2016, 04:54:26 PM
the reason why bitcoin has not been used as an international currency is that because of the way circulates around the internet, the fact that your bitcoin wallet address changes every day makes it practically impossible to trace down where the bitcoin is going , and the fact that bitcoin is so unstable in terms of price makes investors afraid to invest in it, and also using bitcoin is anonymous which opens up a lot of possibles illegal action
that is why drug dealers and hackers use it on the black market.
1949  Bitcoin / Bitcoin Discussion / Re: Bitcoin Worldwide! on: December 04, 2016, 04:41:03 PM
I think that most people in the word that know about bitcoin are few and fewer are the ones that actually use it, most of them just either give up trying to understand and earn bitcoin, in some countrys when a good amount of internet users know and use bitcoin it is suspicious because for most governments bitcoin is used by drug dealers and hackers and the fact that you can't trace down where the bitcoin will go when you send it makes it even worse that is why they make it illegal so they can limit the illegal action that may come out of using it.
1950  Bitcoin / Bitcoin Discussion / Re: How do Bitcoins really circulate into users? on: December 04, 2016, 04:30:03 PM
If you are asking how does the bitcoin move in the internet than the answer is that bitcoin is sold and bought like any other product in the word , think of bitcoin as a god it is mined by miners then sold for a certain amount of money that is constantly changing which is then divided between many people and for various purposes.
1951  Bitcoin / Bitcoin Discussion / Re: What do you like best about bitcoin? on: December 04, 2016, 04:18:09 PM
The thing about bitcoin is it opens a lot of possibilities weather you like to spend money or earn money bitcoin makes your life much easier , unlike fiat money bitcoin is quick easy ti use , wallets don't take you money on every transfer like bank accounts , transfer time usually takes less than 20 min unlike real money, plus bitcoin has more value and it keeps rising every day unlike US and Euro.
1952  Economy / Economics / Re: what your plan for future ? and how to manage your time ? on: December 04, 2016, 12:56:49 PM
For me i really don't want waste my bitcoin by exchanging it to real money i want to go in to any shop and pay with me bitcoin wallet , so i want to get hold of my bitcoin and not turning them to real money so that one day i don't have to, as for how i mange my time for me bitcoin is just an extra income so i don't waste that much time on trying to earn some since i need to work but on my free time i work for 5 h a day to get as much as i can bitcoin.
1953  Economy / Economics / Re: Do you Still believe in Fiat? on: December 04, 2016, 12:34:16 PM
Fiat exists since the first civilization as long as there are humans around that give you service and talk to and interact with there has to be real money, what is bitcoin but an alternative way to pay without having to give you personal data or compromise your bank account , think about it bitcoin is just a digital currency that is based on the internet if there is no internet there is no bitcoin , if there is no electricity bitcoin will die but fiat won't so fiat has been and will forever be there.
1954  Economy / Trading Discussion / Re: you need to overcome your fear of losing money on: December 03, 2016, 10:04:22 PM
Of course trading is like any other way of earning has its risks, it could be wining fast and the next thing you know you lose everything but you need to learn and get experience from your mistakes start by a small amount and work your way up until you get better and then you can start trading with a large amount of money.
1955  Economy / Economics / Re: What if US Dollar Crashes? on: December 03, 2016, 09:09:23 PM
If US Dollar Crashes that does not mean that they are going to switch to using bitcoin , they can change their money into other currency like euros or pound, because as far as i know government can't control bitcoin so they won't allow it, if anything happens and they have to change to using crypto currency they would invent a new one rather than switching to bitcoin.
1956  Economy / Economics / Re: Should I believe in Bitcoin ? on: December 03, 2016, 07:22:06 PM
if you really have that much money spending like 1% on buying bitcoin is not going to hurt considering how much you can do and how much you can earn, you can jut buy 1 btc and try to work with it invest or trade and if you don't like it you can always sell it to whom ever is interested in bitcoin.
1957  Economy / Economics / Re: Imposing tax on bitcoin on: December 03, 2016, 06:51:19 PM
It is a sure thing if bitcoin becomes more popular in the next few months or years and its price goes higher than it is no surprise that governments will stat imposing taxes on bitcoin transaction , i mean you would not think they let you get away with 1000 $ that easily, since they can't control the flow of bitcoin they will start taking some serious actions.
1958  Economy / Economics / Re: Is it better to save money or invest it? on: December 03, 2016, 06:15:24 PM
Saving bitcoin is an investment in itself but it is very slow and very low , however investment may be a little bit better but also  has risks so you have to find a really trust worthy site to invest your hard earned money in , i personally think you should always be in the middle means you don't save them all because that will take a long time to get some money and not to invest all because you can get scammed or lose your money for some reason. 
1959  Bitcoin / Bitcoin Discussion / Re: Do you think bitcoin is one new step for sucess. on: December 03, 2016, 05:49:49 PM
I personally think that if there is a will there is a way , if you do have an idea that you are passionate about then you will try to go all the way for it, i have a friend who has been using bitcoin for a quit some time now, he was always passionate about bitcoin and always wanted to create a business that accepts bitcoin and now he owns a very successful shop that he started with what he earned from bitcoin and it is going so well and accepts bitcoin payment.
1960  Bitcoin / Bitcoin Discussion / Re: What do people around you think about Bitcoin ? on: December 03, 2016, 05:35:05 PM
For me most of the people don't even know what bitcoin is and whenever they see me either trying to explain it or trying to earn some they either say i am just wasting my time or think i am some kind of hacker , but these same people wind up asking me for something off the internet , but recently a bunch of my friends wanted me to help them get started earning some bitcoin.
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