Is there any law that say any country suffering inflation must switch to inflation. So if all Venezualans now switch to Bitcoin which is just 16million in addition to the number of people already involved what will now happen. Will they be better of or worse of than the current situation. Countries all over the world have suffered inflation at a particular point of time and what really reduce the effect of currency is sound economic policies and not just adoption of specific currency alone.

Its already an international currency not only because of population because compared to the world population, its still low but because of the fact that I can exchange with anyone around the world in a matter of minutes and its settled the point of acceptance is where the issue is where I dont have to convert to fiat to rent an apartment  or buy food in an eatery or even pay for transport. Its really something I'm looking forward to.

The same issue you are having is same thing that have even discouraged me from registering on some exchange site for trading even over here too to buy Bitcoin from some sites, its a thug of registration doing some unnecessary "KYC" even after selling beyond the normal ruling rate and that is even when government has not promulgated any law regarding that.

Wow that is very good thing in which even me I am envisaging. 2btc for me converting to FIAT even at the current exchange rate is not small money and I would be more happy than I am now. Hoping to make that someday but the issue of the trading is something of concern to me because of the risk there and I am still learning. The dream of getting rich through Bitcoin is getting real and still standing.

I dont think it would be as popular as this and the poster above claiming that gamblers will still be using it but I can say that the population of people in Bitcoin are mostly into it because of the instability in the price in the sense that I can invest 1000$ dollars now and in the next two days could turn to 1100$ or even more than that on the otherhand I can equally lose it which might likely not happen.

Bitcoin in every truthfulness is gradually becoming global currency because the rapid increase in its popularity is just something moving in that direction. However, to the achievement of that is something that might not be achieved very soon because of the interest of government in all this, that alone is not something that can be wished away in which is fully implemented will go a long way in making or marring the objective.

The plan for the future is simple for me. I don't have any other goal than to be rich. Because aside that all other wish whatsoever are just mere aspirations when I get that, all other fall in place. And to how I manage my time, its simple never spent too much time on non-productive activities that cannot be converted to cash to avhieve the number one objective.

This is really getting interesting. Its obvious you read the Thread to have even come up with the "collateral" thing but you fail to read that a newbie does not ask for loan. It does not just work.


I guess I will have to join you on that because its really going to be a long movie and until Newbies are restricted from posting in some sections of the forum like this, we are still watching for a very long time.

Its on this forum I see someone asking for loan and still be dictating the terms. I guess you just believe you will get it and someone will just fill the loan.


With all the warnings and red flags( changing email and address at about the same time) you still went ahead and fill the loan without even having a convincing agreement on the thread. I guess you transact via PM. Anyways let hope he will fulfill the loan but I tell you to start taking your mind off it.

Im actually not good at any game but I then look for the easy way out by going for sport gambling. With that, I get the hard decisions to be made by me by creating the odds on ground then I choose based on what I know or I have heard about the team sometimes I read tipster thread on the forum in the case of leagues that I havent heard anything about and sometimes I win, other times I lose. No hard feelings.

It might actually affect the price whether positive or negative is what I dont know in as much as it is going to make the price of Bitcoin soar what of the fact that the anonymity concept is no longer there since we now know the person behind Bitcoin. I dont think he needs to come only if one fool wants to take credit for his work because according to what I read he has about 1 million BTC so why come out?

From me here, there is no basis whatsoever, its only the forces of demand and supply and that will happen to any market. Sometimes it could be as a result of speculation and some one is trying to mob up the excess coin in the market thereby increasing the price above the normal level. Irrespective of the explanations that will be given to justify the increase or decrease. The fact still remains its ok not to have all the answers so I dont bother myself in that regard.

I agree that paper money influence is actually reducing but I am not sure of its eradication even if possible I don't see Bitcoin taking its place. Even as at now over here, the era of carrying cash is gradually fading away as I can practically pay for everything without having to use cash via mobile money and various bank applications. Until when Bitcoin is legalized then that is when I see competition.

Everyone whether foolish or intelligent is entitled to their own opinion including illuminati as well but where I will have issues about this opinions, is not making an informed one or not basing it on any logical reason to support such conclusion. Can they just leave the things of currency or finance to the experts in that field and they focus on things that are of spiritual nature.

After all its not spamming but come to think of it. If its not spamming then I expect an high ranking member that answered should have asked for more before going ahead to provide the escrow as per op's rank or maybe the op and the under provided are one and the same person thereby qualifies as spamming. My thought though.

What Donald was saying are just empty campaign promises and now that he will there, I am not sure he will take a different decision as against those people that have occupied the position before as decisions of foreign policies are more than just black and white that he is painting it. Also I don't see China now stopping to accept Bitcoin transactions from USA because of that and of what percentage do US citizen occupies of those doing such transactions with China?

So since ages past when people have been earning Bitcoin they have been looking for help on how to spend it? Lol.
Your service is actually cool and I would want to try it it out but the issue is will I be issued a new sim card or download a particular app or something.

I agree with you and that is the same thing I suggested in one of my earlier posts that newbies account should be restricted in posting in some sections of the forum because there is nothing stopping this op from opening another account to do the same thing all over again. Its labelled with red trust then abandon everything all together.

In as much that I dont believe what you say here, and the proof of id ypou have is of no use to me, as I am probably in a world very far away to get to you so its worthless to me. I would probably offer some advice. Parting away with money involves a lot of trust issues which must speak for you and that is not cheap even on this forum so I suggest you build the trust then come back later in the future and ask for the same thing but I tell you opening an account for sole purpose of asking for loan is frown at over here.

Its either people dont read before posting based on the rank and what is obtainable here or maybe they believe that someone can make their wish come true. Because I can't still phantom if one can read you wouldn't bother making a thread for this for whatever reason and also because the account is likely to be worthless to you. I would appreciate if a newbie account will be restricted to post in some sections of the forum I believe this will reduce all this newbies opening account for the purpose of asking for loans.