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Showing 20 of 1,022 results by uname
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Topic
Board Bitcoin Discussion
Re: What would happen if BTC was Banned?
by
uname
on 01/12/2016, 10:11:27 UTC
Banning of bitcoin by many countries because they want to do full control of currency in circulation so that it could determine economic policy. A simple example is the determination of the interest rates the bank of great impact for the economy.
yeah of course also because bitcoin will not be controlled by the government so they prefer to save them from the threat of currency bitcoin, so that the government banning to bitcoin
Post
Topic
Board Economics
Re: You should never trust banks
by
uname
on 01/12/2016, 10:07:16 UTC
Until now I had only one bank account. From the first known bank, I don't like banks, when we save money very easily, but when want to take the money is too difficult, and put some money in the bank's results were never profitable.
Lol yeah moreover we will be constrained to take the money in one day, you will not be able to take all your money in one day at the bank. different from the bitcoin
That's why I never save a lot of money in the bank
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Topic
Board Economics
Re: Will governments create their own cryptocurrency that will replace fiat?
by
uname
on 01/12/2016, 10:05:29 UTC
It looks like this process takes a long time, I am not sure that the State wants to create and use the cryptocurrency during the official currency is still used. If the State uses the cryptocurrency then automatically they will be replaced official currency.
of course obvious that the government will not do it, menggantik fiat with cryptocurrency is a stupid thing, anyway cryptocurrency is decentralization would not be controlled by the government, ?
Post
Topic
Board Economics
Re: If you were in desperate need for money....
by
uname
on 01/12/2016, 10:04:13 UTC
I have a certain amount of assets invested in Bitcoin. When I urgently need money (I mean Fiat) - I'm just selling the right amount of Bitcoins
therefore, the advice for everyone to at least have fewer assets to be stored so when you do not have the money and you need the money right then you can use the asset to be used as money
Post
Topic
Board Economics
Re: Bitcoin can not replace fiat
by
uname
on 30/11/2016, 10:19:23 UTC
It's probably something that would not happen in a few years, but I believe there will come a point where the number of users, who will realize the benefits of using Bitcoin, will increase at a rate never seen before.
I think though users bitcoin is growing and very much it would not make bitcoin replace fiat, it's a sure thing! but for a price of course there will not be people who know about it, maybe the price will explode
Post
Topic
Board Economics
Re: How good are you at managing your money
by
uname
on 30/11/2016, 10:17:20 UTC
Managing money is really hard especially to people like me that wants to buy anything that I want. When i had my first bitcoin i bought a phone. I changed it first to real money and bought it. And i think why didnt I invested it. Then i had an everyday facepalm everytime I remember that
Lol it's the same as me I have a lot of desire, buy clothes, gadgets, food and so forth, it makes me always running out of money my salary and I do not have money left over to save. we seem to be more efficient and be able to distinguish between wants and needs
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Topic
Board Bitcoin Discussion
Re: Can Bitcoin help poor countries?
by
uname
on 30/11/2016, 10:13:21 UTC
It's a good idea, all people will be easy to send money so that aid to poor countries be receive directly. From the other side of the economy can also be utilized for the mining venture bitcoin.
Honestly it's true, with the support of the government it would be possible to help poor nation but they have to sacrifice the current player in the remittance business. With bitcoin it's cheap and fast so I do not find any reason why this should not be supported.
Don't you think that such system when bitcoin will be kind of legalized for international transfers and has support from the government it may affect on bitcoin as the currency and add some unnecessary taxes to such transactions?
nope when bitcoin legalization would not be possible for the government to give taxes to the bitcoin users. I'm sure there will not be users who will pay the tax.
legalization of the government will be like a dream to me
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Topic
Board Bitcoin Discussion
Re: Gradma knows about bitcoin.
by
uname
on 30/11/2016, 10:12:05 UTC
Hahaha I can't stop laughing, video is funny but when grandma said ” I'm in bitcoins, but what is with apples now?" haha just amazing I can say. She is already there, thumbs up for her. She is the most incredible here in the video, that is 100 %.
I think he was in belajari by his grandson because I'm not so sure their children understand about bitcoin, because I think most bitcoin users are young, between 15-35 years old
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Topic
Board Bitcoin Discussion
Re: Do you agree with idea "Bitcoin bank" ?
by
uname
on 30/11/2016, 10:10:42 UTC
What is the real meaning of bitcoin?  Decentralized, transparency monetary system where everybody has the right to be the bank and the customer at the same time. What is bank? Centralized, closed monetary system where you have little control of your money. So we want to "let the fox guard the hen house"?
true I think it will only make bitcoin and users become are exposed so what is the purpose of manufacture of bitcoin will not be able to find you when you're using bitcoin bank?
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Topic
Board Economics
Re: Bitcoin can not replace fiat
by
uname
on 29/11/2016, 10:51:25 UTC
I see bitcoin and fiat to be the perfect compliments of each other as the can be used interchangeably whenever we want to cut down on fees when trying to make a transaction so both will co-exist
yeah there is no need to bring down each other, because they also have their merits and I think both of them nor prohibited use it even makes it much easier than simply choosing one currency only?
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Topic
Board Bitcoin Discussion
Re: What would happen if BTC was Banned?
by
uname
on 29/11/2016, 10:45:19 UTC
It would not happen as big companies in the top 100 where using/joining to use it now like Microsoft because they saw potential on it to be a good digital currency. Unless majority of it will pursue to make it illegal then it will be ban as they can influence the government to do something to it.
I think it may just bitcoin banned, although bitcoin in favor and supported by many companies, because when the government did not get any benefits and do not have any interest in bitcoin, it is possible bitcoin will be ban
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Topic
Board Off-topic
Re: How many Bitcoins are lost forever?
by
uname
on 29/11/2016, 10:40:26 UTC
My most terrible of losing bitcoin when I do trading and was lose a part of My capital money. It was happened when the price of bitcoin growing up highly and the price of other crypto currency goes down.
Yeah few months ago I change my btc into eth and unfortunately i lose my money because the price of alternative coin also down.
yeah that's the inherent risks in trading, sometimes occur kadnag prices do not correspond to what you want, you have decided to sell their loss and other potential buying coin and accept a loss or hold it until prices rise again, it's all a difficult choice
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Topic
Board Economics
Re: Investing Bitcoins?
by
uname
on 29/11/2016, 10:31:21 UTC
I think if you do not want to take a lot of risk for losing your bitcoin or your money. in your area may be many places for investment ber. due to investments in its own area we can monitor at any time.
I think there is need to prioritize investing in your own area, because now investing in online or abroad even be monitored directly, I think the problem is up to you to choose the investment potential
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Topic
Board Economics
Re: How would you double $100,000 safely?
by
uname
on 27/11/2016, 10:40:37 UTC
Its a huge ammount to put at bankrolls from casinos, even knowing they are profitable its a huge risk to make just those investment, with 100k i would make my own casino, soo the risk would be reduced to zero, and who knows maybe build an exchange, since this are the two places where are the most coins being spent.
I think too stupid to use all your money just to put it in a gambling site, because with money
$ 100k you can make a gambling site itself? of course it would be much more profitable right ?
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Topic
Board Economics
Re: The dream of getting rich with bitcoins
by
uname
on 27/11/2016, 10:34:39 UTC
I did not dream to get rich, but I want to dream and to be successful in the future. with whatever it is where the true path. bitcoin is only one way and one of its parts to success because bitcoin to now be able to help me in my everyday needs, and I hope in the future I can success with many ways.
yeah I also have many ways to become rich or successful, bitcoin is not the only way to get rich, but I'm sure bitcoin can help in achieving the goal, so I'm working hard to get lots of bitcoin and work elsewhere

And now the only way to make money for me to trade Bitcoins. I do not use the word "get rich", because my income is very small
Well, you have to dream to become rich, that's should be your goal so time will come you will take your trading in a more serious level. We need to be ambition enough as in crypto world there's no limit here.
plans and dreams is something you should have and need. with it you will have a goal and ambition to become rich. dreams will give an overview when you're rich and can make you feel happy in working
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Topic
Board Economics
Re: Bitcoin or gold?
by
uname
on 27/11/2016, 10:31:26 UTC
I chose my bitcoin bitcoin for the benefit quite a lot. and quick in contrast to gold kenaikanya quite slow. but bitcoin also has many disadvantages for example the price could drop quickly in contrast to gold
The dropping of price is not disadvantage before we enter here in bitcoin we all know that bitcoin value is volatile and it will be advantages for those big investor to invest and to earn lot of income in terms of bitcoin.
differences in contrast, bitcoin fluctuating prices and gold prices were stable. they are different depending on you to choose something that is at high risk or low risk, you can pick and analysis first
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Topic
Board Bitcoin Discussion
Re: What is the best source of bitcoin nowadays?
by
uname
on 27/11/2016, 10:26:31 UTC
When you're talking about just having bitcoins then the best source of bitcoin is an exchange with money, real money. When you're talking about having zero starting money, you could start earning by typing of captchas, signature campaigns, trading, gambling. It is a great source of bitcoins
Captchas are boring while signature campaign is acceptable, but thinking that it's a good source of income will only limit your self of exploring greater opportunities here online, we have to be more mature to look for better opportunity that could bring us good returns.
I think captcha can be the alternative if you've completed the work in Siganture campaign or any other job, if you're boring you can listen to music while completing the captcha?
Post
Topic
Board Bitcoin Discussion
Re: Why I use Bitcoin ???
by
uname
on 27/11/2016, 10:24:40 UTC
As a payment, I usually use bitcoin to purchase games from steam and mobile prepaid
yeah sometimes I also use to make payments bitcoin mobile top up and I did that every time I run out of quota and pulse
using bitcoin I do not need to leave home to buy, yeah it made it easier
Post
Topic
Board Economics
Re: The Future of Money?
by
uname
on 26/11/2016, 10:16:35 UTC
One might say that bitcoin is one of the pioneers of the future money. With sophisticated systems I am confident future technologies will continue to develop the bitcoin.

I just hope the current developers can listen to the good advices from the community, otherwise it is bad for bitcoin.

I also believe that Bitcoin is stable cryptocurrency. But I do not believe that it will replace the Fiat. The government will not allow

You got it right, bitcoin has a very good market cap and investors are keep on trusting it because they can see that it has a bright future. But we may not know if it will make the fiat money replaced by it or else it will be just considered as another form of currency which can be used for different transactions for real.
I think although bitcoin will have a stable price I think it will not be able to make fiat replaceable. major currencies will always be on fiat to any time, and may bitcoin will be the only option in the future
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Topic
Board Economics
Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?
by
uname
on 26/11/2016, 10:09:33 UTC
Perhaps mroe than 50%? Or maybe not because not much country even developed country uses it
in 2020 if 20% of the world start using bitcoin i think it will be a good progress, as still there are so many backward countries who educational ration is still very low, their people have very little access to computer and internet. but we can expect that the new generation will be more educated so we can expect that they will have access to interment and computer in future but still it will take more than decades when these people will get benefit from bitcoin.
I even thought to reach 5% of the total population of the world it will be very difficult especially to reach 20% or 50%, it makes the most sense and our goal is to achieve 5-10% within 4 years of this, I hope it happens