The Looming Currency Crisis - My article for TheNews - a **MUST READ** for every Pakistani!

AsifAmeer

Siasat.pk - Blogger
Wow.. didnt realize Coinbase had started this service in the US. Lekin I was talking about
https://kipochi.com/en

But this coinbase service looks much better..

Lekin that Kipochi wallet has a strong hold in Kenya
ee3d9c1daabc029e5d416d493f1dc48b_vice_630x420.jpg

http://motherboard.vice.com/blog/one-third-of-kenyans-now-have-a-bitcoin-wallet
Is it this one?
http://blog.coinbase.com/post/58354652059/you-can-now-perform-all-basic-actions-in-bitcoin
(Coinbase). It solely depends upon SMS commands (no smart phone/internet required).
 

realitycheck

Senator (1k+ posts)
Boss believe me i have no clue what all these term means.. its my mistake .. i should know.. i really admire you though......

i specially want to thank you for introducing me to "Taleb's " work ..

thanks for your love for the country....

I just feel like bumping this thread. Notice the date on the article. You're very very welcome!
 

AsifAmeer

Siasat.pk - Blogger
Feel free to ask me what you do not understand (after you have done your basic google searches). Thats why I come here - to inform folks.

1 correction. I have no love for any country - i.e. Govt. I wanna see every one think freely - be it Pakistani, Indian or American.

Boss believe me i have no clue what all these term means.. its my mistake .. i should know.. i really admire you though......

i specially want to thank you for introducing me to "Taleb's " work ..

thanks for your love for the country....
 

uetian

Senator (1k+ posts)
Hey Guys, hope you appreciate my valuable 2 cents. If anybody wants to buy Bitcoin anywhere in Pakistan in Cash or EasyPaisa, they can buy with Bitcoin Pakistan. You can email at [email protected]
Thanks for the information ;)
I remember some years ago (2007-2008), there was a website www.lootmaar.com (now http://blog.lootmaar.com) specially created for Pakistani market by young enthusiastic graduates, but the inertia of our local market is so high that despite their best efforts, those guys weren't able to win the TRUST of sellers and buyers, and consequently lootmaar was closed. I hope (and really wish) this wouldn't be the case with this site.
 

uetian

Senator (1k+ posts)
Recently in the wake of US debt ceiling crisis, the value of bitcoin kept on rising. On 12.10 it was $140/ and on 22.10 it is $205/ ,
approx. $6.5 per day !!
bitcoin2210.png

 
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realitycheck

Senator (1k+ posts)
with due respect i would disagree.. love is the basic human instinct .... its not possible..



Feel free to ask me what you do not understand (after you have done your basic google searches). Thats why I come here - to inform folks.

1 correction. I have no love for any country - i.e. Govt. I wanna see every one think freely - be it Pakistani, Indian or American.
 

AsifAmeer

Siasat.pk - Blogger
language is the biggest barrier to peace, just like interpretation to religion. I bet if I were to explain you exactly what I mean, you too would agree. Lekin its a deep topic which we'll discuss some other time.

with due respect i would disagree.. love is the basic human instinct .... its not possible..
 

uetian

Senator (1k+ posts)
Summary of Bitcoin business

@Asif Ameer

1. What is this Bitcoin, and
2. how it will be beneficial for me if I buy them????


1. Bitcoin is a digital currency, when you buy bitcoin, you actually buy an encrypted number, that is stored in your "online bitcoin wallet"; you can create your bitcoins wallet address at blockchain
For example, lets assume I bought 1 bitcoin on 2nd October by paying 125$ to online seller (he would transfer/send this bitcoin to my bitcoin wallet address). I can sell this bitcoin later on in the same way when someone offers me a better price, say at 22 October 205$ for 1 bitcoin, I would transfer this bitcoin to his bitcoin wallet address.

2. Below you can see the fluctuations in the prices of bitcoins, whenever there is an economic crisis in the rich world, bitcoin prices fluctuate, and people earn legitimate profit by selling the bitcoins they have bought previously :) at bitcoin online exchange services (e.g.
https://www.mtgox.com)

Recently in the wake of US debt ceiling crisis, the value of bitcoin kept on rising. On 12.10 it was $140/ and on 22.10 it is $205/ ,
approx. $6.5 per day !!
bitcoin2210.png

 
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