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Showing 20 of 57 results by RaymanC.
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Topic
Board Bitcoin Discussion
Re: Saving Bitcoins for your Children.
by
RaymanC.
on 19/12/2017, 07:42:40 UTC
It looks interesting and good thing to do in the future, because i think bitcoin will grow and grow because btc is increasing very fast, now if you invest and save for the future of your children i think it will be a good way to do, and it will help your future in the financial status of your life and your children life
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Board Bitcoin Discussion
Re: Will Bitcoin overcome Paypal?
by
RaymanC.
on 04/12/2017, 09:16:13 UTC
Bitcoin is a cryptocurrency, a digital decentralized payment system working without any central repository or single administrator. All transactions in this are through cryptocurrencies  and unspent amounts are counted in Satoshis. While paypal is an online payment system to facilitate transactions in US$ only. One must have a credit card to use Paypal, while it’s not applicable in Bitcoin case.
Bitcoin has lower fees than Paypal. Paypal is not available in every country, but Bitcoin is border-agnostic like the Internet.
In my view, Paypal and Bitcoin have no comparison and hence, no question to overcome each other at least in the current scenario.
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Board Bitcoin Discussion
Re: In what situation would Bitcoin die?
by
RaymanC.
on 04/12/2017, 09:07:26 UTC
The idea behind Bitcoin (blockchain technology) will never die. On the contrary, it will only expand. It is extremely unlikely for Bitcoin to die as everyone opposing it has a love / hate relationship with it, so it's in everyone's best interest to fight it on the surface but support it in the shadows.
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Board Bitcoin Discussion
Re: What are your thoughts for Bitcoin in 2017?
by
RaymanC.
on 04/12/2017, 08:55:44 UTC
There are only few weeks before 2017 ends and we have seen ups and downs of bitcoin this year. Also, there are new users who are engaged in using bitcoin, which is good. There's still a chance bitcoin will rise by the end of the year and many people will look up to it because bitcoin, no matter its price is high or not, will influence and change the way people live.
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Board Bitcoin Discussion
Re: Is bitcoin is the new era of currency?
by
RaymanC.
on 04/12/2017, 08:37:45 UTC
yes bitcoin is the new era of currency maybe for now all people are don't know to use the internet but later on all the peopole in this era are knowledgeable to use internet because now the new technologies is very famuos using all transactions, i think the bitcoin is part of new technologies using internet as a decentralized currency, bitcoin my future prediction is more popular, famous as a currency using the whole world to help the economy.
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Board Off-topic
Re: Bitcoin is a good investment now, because...
by
RaymanC.
on 04/12/2017, 08:12:58 UTC
Now everyone is able to earn a lot of money by investing in bitcoin. We must be sure of the increase in its use in the future. I think in every country with bitaken should be consulted by the government. It will be able to increase the investment of Bitcoin. Currently, everyone invest in bitcoin. Being able to earn a lot of money. We need to know how much increase in its use in the future. So bits Here's the official way to use each of the countries to discuss measures to be taken.
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Board Bitcoin Discussion
Re: Difference between Bitcoin and real money?
by
RaymanC.
on 04/12/2017, 07:56:36 UTC
Well, in terms of taxes, Bitcoins can even evade them. But depending on the countries strict measure about it. About gambling, there are so many gambling sites that accepts Bitcoins and give Bitcoins in prices as well. And these are equal to a huge amount in terms of fiat. As a matter of fact, the Trueflip lottery is giving more than 400 Bitcoins in their jackpot.

Why invest in Bitcoins? Because it is less risky and the returns of investment is very fast. In less than a year, your investment is already more than tripled. Take a look at Bitcoin's value over the months.
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Board Bitcoin Discussion
Re: How to explain bitcoin to teenagers or children
by
RaymanC.
on 04/12/2017, 07:37:22 UTC
This era of teenagers and children, I guess can easily adapt to changes. Due to advance technology, they already have access to the web. Which I think gives a leverage in the future. I do agree in a sense that BTC could be the future money and BTC is really hard to explain. Though we could only assist them in understanding things, We can't provide everything to these kids. But, If ever bitcoin would be accepted as money worldwide. For sure that every schools and colleges would do add cryptocurrencies as part of the curriculum.
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Board Bitcoin Discussion
Re: Is Bitcoin money?
by
RaymanC.
on 04/12/2017, 07:26:22 UTC
For my opinion bitcoin is a money. It is a cryptocurrency which means it is a virtual money. You cant touch bitcoin you cannot feel bitcoin you cannot see a bitcoin but it is a money. A money th at cannot be touched. For an easier explanation, think about a game that has its own currency that you needed to buy stuffs inside a game. That's like our case here in bitcoin. You can use your bitcoin to buy stuffs that you want or save it and make an investment tocompany.
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Board Bitcoin Discussion
Re: I am pretty confident we are the new wealthy elite, gentlemen.
by
RaymanC.
on 04/12/2017, 07:13:01 UTC
Strong words.I can barely even get by everyday.Dying just to make ends meet.I am way too far from that.
Dont even know where to start and where i am heading with this bitcoin thing.
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Topic
Board Economics
Re: My bank account's got robbed by European Commission. Over 700k is lost.
by
RaymanC.
on 04/12/2017, 06:57:00 UTC
If this is true this is one of the most fucked story in recent times, i have heard stories from my ancestors about how the government used to come to their house and loot gold and money during war times as financial aid and how they used to hide them and stuff,but this is plain bullshit to take over individuals wealth to cover a countries financial crisis  Shocked
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Board Bitcoin Discussion
Re: Buying Drugs with Bitcoin ?
by
RaymanC.
on 04/12/2017, 06:50:03 UTC
It hasnt come into my mind to buy illegal drugs using bitcoin. But i do believe that using bitcoin in doing illegal transactions has already been made before and being continuously used even today.  And i am afraid to say that we cant prevent that from happening.
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Board Economics
Re: The future of the paper money
by
RaymanC.
on 04/12/2017, 06:42:34 UTC
The future of paper money is fully secured and established.It cannot disapper in the future.The daily transactions in the world are done by paper money.The illiterate and common man still use paper money for daily livings.Banks also give us paper money for loans.They do not pay us in cryptocurrencies as they do not have any control on cryptocurrencies.Many nations still do not know about the cryptocurrencies and cash is the only way.Cryptocurrencies are also in demand but it will it take many decades for them to compete with the paper money or fiat money.
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Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
RaymanC.
on 04/12/2017, 06:33:13 UTC

I think yes and I also expect it to have a stable price or its price fluctuations are no or little and hence it can do more as a substitute for gold and dola becomes The main payment method in the world and using bitcoin will not cost you any money to convert but will only cost you when transacting from one wallet to another.
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Board Bitcoin Discussion
Re: Why should people use Bitcoin?
by
RaymanC.
on 04/12/2017, 06:21:47 UTC
Bitcoin is a really nice coin and that is why people should invest in it because bitcoin can make you a lot of money by just holding it because the coin is not being looked at by the government witch means you can buy and do anything with it you want to do with it.
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Board Bitcoin Discussion
Re: How did you first hear about bitcoin?
by
RaymanC.
on 04/12/2017, 06:12:47 UTC
My first impression was not good in bitcoin.I thought it's ponzi or scam project.I totally ignored it.But I was wrong some of my friends told me that they are working on bitcoin and getting lots of work.Then I start working in bitcoin.Firstly, I viewed this website and got lots if information of bitcoin and knew how it works.Then I joined signature campaign and start earning with bitcoin.
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Board Bitcoin Discussion
Re: Does any bank accept Bitcoin?
by
RaymanC.
on 04/12/2017, 06:05:49 UTC
Any bank don't want to use bitcoin or spread bitcoin because their job exists with money. All banks keep away than bitcoin.I think this situation will be broken because bitcoin may will be currency in the all world.
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Board Economics
Re: Why You Should Never Sell Your Bitcoins Ever
by
RaymanC.
on 04/12/2017, 05:48:09 UTC
The point i think is to selling bitcoin not carelessly to selling it, and each person must have prepared the plan (target) to be able to get the benefits by looking at price developments. Well for me in this thing, of course if we can still get a  chance to get a more profit at another time, it's good it doesn't have to selling it in a hurrying.. because bitcoin price can still continue moving higher.
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Board Economics
Re: Do You Think Bitcoin Will Replace Dollar Soon?
by
RaymanC.
on 04/12/2017, 05:42:54 UTC
I think it is not difficult because the value and the importance of the bitcoin are high and the people are investing in the bitcoin now for the long time. It is very possible that in the future people will start using the bitcoin as the side income and the future of the bitcoin and the crypto currency will increase more and more. I hope this will give the bitcoin business go more wide till the end of the year.
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Board Economics
Re: Mining coins save or sell it?
by
RaymanC.
on 04/12/2017, 05:38:45 UTC
Mining is a good way to earn more bitcoins all you need is a power generators and machines to mine which require electricity, if I get a chance to go for mining then I would definitely sell when the price rises and when I am in need, and will invest and start trading to increase the existing bitcoins and its profitability. The value of bitcoins increases over time and so will find alternative ways to increase my bitcoins either by bitcoin lending to trusted people which helps you to get good interest