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1681  Economy / Economics / Re: 99% of the people still think that fiat money are better than crypto on: November 16, 2017, 06:49:14 AM
it makes perfect sense because the world has not recognized bitcoin thoroughly, the degree of bitcoin instability will create a split in the future, so far the world goes with rules and active intervention to maintain economic sovereignty, and fiat is their key, if bitcoin reigns then we will go back in time where all feel great and fight with each other without strong rules.
1682  Economy / Economics / Re: Can Bitcoin End World Poverty? on: November 16, 2017, 06:42:42 AM
Bitcoin is able to reduce the weakness of human resources to optimal, the current civilization system requires the community to follow the strata of business and education to be actively involved and reactive. In my opinion, bitcoin will help many countries to get rid of this problem and their duty is just mandatory to make strong regulations on crypto currency.
1683  Economy / Economics / Re: Is bitcoin now the strongest currency in the world? on: November 16, 2017, 06:38:22 AM
I don't think so even when we see that 1 BTC cost $7,200 doesn't mean you can buy everything with it, I think its the purchasing power of the currency is what makes it strong over the other currencies. Bitcoins purchasing power is slowly increasing since more and more merchants and countries are starting to accept and recognize Bitcoin.

strengthening is caused by positive sentiment from the market and is quite nominal for people in developing countries to grow the business. In my opinion, bitcoin has great potential because it does not pass through a complicated bureaucracy in every transaction delivery, everything is normal and very fast, so many new users are interested and deepen their crypto experience.
1684  Economy / Gambling discussion / Re: To Gamble or To Invest? on: November 08, 2017, 12:26:43 PM
gambling is for fun and everyday comfort, I divide it with concentration to trade, I consider both for active investment and hold for a certain period of time, I have gambled for decades and have experienced many stage process to make bitcoin not only to play.
1685  Economy / Gambling discussion / Re: How to quit Gambling for good? on: November 08, 2017, 12:19:30 PM
If you are stuck in a chaos of need and comfort in mind, then you should stop roughly and not get involved in some time and start thinking of other businesses, it's very difficult but effective to control your emotional level, you have time to throw attention away and try to get rid of addiction.
1686  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Government. on: November 07, 2017, 04:02:29 AM
All governments are afraid of losing control of their financial systems. They won't be able to print any additional money anymore. Also banks will be obsolete. Probably they will be used only for loans. That's one of the reasons why politics want to protect fiat money. I think that in 20 years most of the countries will switch to cryptocurrencies.
     yes...this is true
Yes, it will shift to cryptocurrencies. as more things happen better if things go wrong. the human time is off the beaten track and more and more things to do. similar to bitcoin, if the payment system is bitcoin that will make it easy for a person to live.

If the government has to struggle to make its own coins and wrap it in regulation, then bitcoin will not suck up the country's economic sovereignty. For example, if China prohibits participation in ICO, then they can make E-CNY the primary means of exchange, so all crypto currency must be converted first to be able to follow ICO.

But unfortunately the government seems to have not been able and still involved in a complicated bureaucracy, so the development and study did not go well.
1687  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you see alts have chances against Bitcoins? on: November 07, 2017, 03:58:13 AM
It is unlikely that altcoins will exceed the Bitcoins. And if that happens it will be a long time. Altcoins are connected with bitcoins and if the bitcoins increase the Altcoins fall. So I have nothing to lose on Bitcoins because bitcoins are wide and many people use it in their daily lives. They are already using it as payment for their debts and much more.

There is a tendency that bitcoin is the culmination of the root of a crypto digital tree tree, if bitcoin is replaced and even destroyed, the ecosystem in one tree will vanish from circulation, so my assumption is that bitcoin success will never be replaced by anything because altcoin is also highly dependent on it.
1688  Bitcoin / Bitcoin Discussion / Re: How long bitcoin will survive ? on: November 07, 2017, 03:53:40 AM
I see more bitcoin in the future serve as a medium for certain political interests, many who want to add funds to accommodate them and bitcoin is the right solution. Bitcoin will survive as long as there is controversy and pros and cons from around the world. As long as there is not a majority of developed countries banning it then bitcoin will continue to grow wildly.
1689  Bitcoin / Bitcoin Discussion / Re: Where are you all holding your Bitcoin for the fork? on: November 07, 2017, 03:48:53 AM
I'll be storing mine in a wallet just to be safe. I used to store on exchanges but I feel it gets riskier and riskier everyday.

It does get risky. I have had that coinpw website take some of my coins when they shut down. I can't remember if they were called coinpw, I think that is what it was. Also MTGOX + BTC-E got hold of some of the coins I used to have there and I had to take a hit withdrawing the ETH I had there because the government seized a bunch of people's coins.

That can't happen if you have your own coins on your own wallet and own the private keys.

Every hardfork and even all the markets do not seem to panic and are very confident doing promotional split coins, so I assume they are safe to use, if you do not want to face the risk, then blockchain remains the best choice because no negative statements ever happened. They even plan to install bitcoingold wallet for users.
1690  Bitcoin / Bitcoin Discussion / Re: How much risk in bitcoin investement ? on: November 07, 2017, 03:41:12 AM
You need to be constantly worried about being arrested in your country as illegitimate. This should be the biggest risk for bitcoin, but I think it would be hard to be investigated and evidenced by keeping it in a private wallet.

It all depends on your government's attitude towards bitcoin, as long as it is not prohibited then you can freely use without doing some things that are forbidden, in bitcoin asia can only be transacted as a medium of exchange and not as a means of direct payments. For crypto HYIP/gambling investment is strictly prohibited but some countries also do not consider it a problem.
1691  Economy / Economics / Re: Paradise Papers: a new massive leak of the elite's off-shore account (big names) on: November 06, 2017, 04:40:39 PM
Bunch of hypocrites. Sad It is just quite unfortunate that the whole thing would die down and no one on that list would even be punished for it and they just keep living their lives without issues and then a common man would evade tax and a whole rain of judgment would be poured on him. Same people imposing the laws are the ones not abiding by it. It is just a world filled with oppression and wickedness, but what can a common man do?

I prefer to call it a conspiracy, state organizers make regulations for others, but they anticipate to look for loopholes to enrich themselves without binding taxes. That is why I started to leave fiat and contribute to bitcoin, because the current financial system is ultimately dominated by names involved in paradise / or other papers that the media will never see.
1692  Economy / Economics / Re: Investing money on bitcoin..! on: November 06, 2017, 04:24:12 PM
this only applies to myself and not to people close to my life, many people are still apathetic about online investment assets, and are afraid of controversy as opposed to safe and legal restrictions, I do not really think about it and keep improving investment from various crypto businesses.
1693  Economy / Economics / Re: Is it possible for the bitcoin to lose it's value ? on: November 06, 2017, 04:18:18 PM
Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?
Sorry if my post is in the wrong place or it's not relevant.
I don't think so. Bitcoin has been reigning as the cryptocurrency which has the highest value and the increase of its value is still ongoing and it never stops. We all know that bitcoin is said to be the future currency of the world which means the value of it for sure will grow and grow since it is being supported by many from different countries. Bitcoin will have its value going down and loosing its value won't happen.

bitcoin will lose its value on a frontal basis if large markets such as bittrex and poloniex are forcibly shut down by the federal financial watchdog. Although bitcoin will continue to increase again, but if the world can think unequivocally without compromise, it will happen, but in fact almost all governments consider bitcoin as the best choice for global financial solutions so that it never gets a sharp breakdown sharply.
1694  Economy / Economics / Re: What would happen if Bitcoin became a legal currency? on: November 06, 2017, 04:00:36 PM
In my opinion its pretty hard to think that it could be a legal currency for a certain country but if it will happen, it could be a really big advantage for all people who invested in bitcoin. I think online selling will have the most potential if bitcoin became a legal currency.

bitcoin will dominate future online sales as it trims down complex transaction and bureaucratic processes. But bitcoin would be very dangerous if it could shift the dominance of fiat in every country because they would lose their structured economic sovereignty, this would happen even after official regulation is in place.
1695  Economy / Economics / Re: Difference of Trading and Investing? on: November 06, 2017, 03:53:56 PM
Nicely both are methods that you can use to profit from the financial markets but the impressive difference is that opportunities in many cases are in the long term foundation where the buyer normally compounds his earnings making much more over a longer time but trading is mostly to learn on the margins within a short period of time It is simply line buying and holding Bitcoin

The fundamental difference is at the speed of income, where trade is superior every minute, though full of risks but that is where our ease to profit from any momentum, investment is passive, although the direction is clear but the income will not be as big as active as trading
1696  Bitcoin / Bitcoin Discussion / Re: What would happen if BTC was Banned? on: October 24, 2017, 08:45:22 AM
If bitcoin is banned and we continue to use it, we will be considered criminals and will be threatened with layered legal consequences, this is a disadvantage especially for miners and people who depend on crypto currency, but I think this possibility is very small unless the government makes a special successor and replace the version of their own business crypto system.
1697  Bitcoin / Bitcoin Discussion / Re: Reasons why now is the time to invest in Bitcoin on: October 24, 2017, 08:25:16 AM
It would seem that Bitcoin is a volatile object of mystery, but the reality is that it (blockchain) is brand new technology that is already disrupting how we give and receive money across the globe. I can see the potential, yet also understand the risks.

Why do you think now a good time to invest in Bitcoin?

Well for starters btc is growing at a very fast rate. And now the price just went down and it is the best time to buy btc leave it for 6-8,months and invest some more. Some news or updates will usually make btc price go down. (Rumors just to make the price go down so they can buy more.) But the btc is still going very Strong

We should think that bitcoin continues to grow rapidly every day, if we do not allocate to buy regularly then we will be left very far away, now is the right time but do not need to buy every day, we just need to see the momentum of any fluctuations that are going on.
1698  Bitcoin / Bitcoin Discussion / Re: Fork was been 491407.. Can I get bitcoin gold? on: October 24, 2017, 08:15:55 AM
I've got it, and only yobit and bleutrade can redeem it now, Bitcoingold has not officially announced its current activation and there is still a lot of risk if current use, activation and mining will be used safely on November 1st. But if I wait too long I worry the price will shrink.
1699  Bitcoin / Bitcoin Discussion / Re: why should governments allow bitcoin to continue grow? on: October 24, 2017, 08:01:07 AM
For taxes and control first of all. Bitcoin isn't really anonymous and it's quite easy to trace back addresses and transactions and governments love that. They just need enough time to wrap their heads around how to profit from it by making it "legal".

Tracking the flow of transactions can still be fooled by mixing services, some wallets can also generate addresses of applicable transactions, this becomes a problem for the government, if there are thousands of people doing money laundering, then their database will not have enough competence. .

the way the government legalizes bitcoin is to try to engage in crypto currency and generate its own currency. So investment benchmarks must pass their currency and clearly the government will greatly benefit from the tax sector.
1700  Bitcoin / Bitcoin Discussion / Re: "Everyone already knows about bitcoin" no.. no they do not.. on: October 24, 2017, 07:54:28 AM
bitcoin is still stuck in a risky investment pattern, bitcoin is also not free from official regulatory issues, many people are afraid of it and they are dominated as people who want to play safer for their survival. Internet use has not been able to open their minds more.
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