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10081  Economy / Speculation / Re: 400$ was the top on: April 16, 2016, 03:03:51 PM
$400 will be not the top, the value will be higher soon and that would be good for the most people who are waiting for a price increase but it can takes also a long time.
You must also know that the halving will come and that can be good for the value of Bitcoin.

I have different opinion. The $400 is the bottom. The price rise is quite slow at the moment. So there will be no pump and dump.

The price rise is quite low at the moment, but the price at the moment is the good to give some increased profit than the price by the starting of the year.
10082  Economy / Speculation / Re: BTC down to $440. on: April 16, 2016, 02:59:34 PM
uᴉoɔʇᴉq will not go down on this moment, it is now around this time a little bit stable so that is good. I hope that there will be more people that is waiting for a good price.
But you need sometimes wait a really long time to have that good profit, and not everyone can wait that long time and that is bad.
It is always hard to predict uᴉoɔʇᴉq.

I have faith in uᴉoɔʇᴉq. So I will hold uᴉoɔʇᴉq for the long term. And I will buy more uᴉoɔʇᴉq when the price is low.
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Yeah bitcoin needs a support from community and that will only help bitcoin to get more popular in future but price will be higher in future for sure so its a smart investment to make.

Bitcoin is in the consolidation phase. After this phase, the price will go higher quite a lot in the future.

I think the bitcoin price will go up to $450 in the next few weeks. Then it will hovering around that level.

Yeah with a sudden growth in price from the stable value of $410-420, it has started to rise. So I believe it might touch $450 within weeks as quoted by above buddy.

I hope the price will rise slowly this time, no more than 1% a week. So it is stable and we can adopt the coin more widely.

Even now with this price big profit can be earned. But right now we have crossed $425, so will get a huge profit margin. Even if halving doesn't give big price the growth experienced itself enough to get high profit.
10083  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: April 16, 2016, 02:38:04 PM
Just don't depend on bitcoin because it has the possibility to devalue soon. Just retire as long as you already tired in work. Smiley

Anything might happen with bitcoin, but when it comes to its survival one can without discussing with others can trust it. Because if its to fail, in a very short term of seven years it had not got these many users.
10084  Economy / Economics / Re: How to save money. on: April 16, 2016, 02:33:11 PM
You could save 10% of your earnings and put them safe on a bank. You might not notice today, but when you look at it in the future, you're going to have pretty decent money for emergencies, etc.
It is good to save, but it is very important that you keep track of your income and expenses for better management of your finances.

At least to the minimum 25% needs to be saved, how low your income might be. Only with that its possible to get a good value for the amount saved when you withdraw for some sort of usage.
10085  Economy / Speculation / Re: The future of Bitcoin on: April 16, 2016, 02:28:24 PM
For future of bitcoin i see it pump high upto the moon and it will reach to 600$ per coin.
I hope it will. The price is too stable now.
When the price goes up and down a lot, bitcoin gets more media attention, which leads to more bitcoin users, which leads to a higher value.
Yeah but Bitcoin is heading in a good direction again. This will attract more and more people so the future of Bitcoin is looking good. But everything can change so do not celebrate to early.
You're right. We shouldn't celebrate early because the future of bitcoins can go both directions. But it's not bad to be optimistic about it, considering the current situation. Plus, we are expecting the halving. Although not too optimistic because bitcoin's value can go up and down.
The future of Bitcoin depends on the amount of people that is still using Bitcoin in the future and the most important is that the value must also rise otherwise that will be bad.
But to predict the future of Bitcoin is hard to know that because Bitcoin itself is a currency and that is impossible to know what the value will be in the future.
The only thing that we can do to is just waiting.

Keep on using bitcoin and keep on following bitcoin that's what we can do at moment and I don't think there is any issue with the future of bitcoin its very safe.

Right now only small percentage of people is using bitcoin, this gets increased when more and more years pass. This increase will support bitcoin to evolve as a alternate payment method or a alternate earning in the future.
10086  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: April 16, 2016, 02:21:40 PM
Bitcoin isn't yet a global currency, unless you mean that it could be used worldwide so yes that's true. But it's still need more advertising and support from the Bitcoin's community as many people don't know anything about it till now.

I think advertising is gonna make disaster than getting support from people. Because mass adoption will make more user move from other payment gateways. This will attract the government which is not good for the growing technology which is decentralized.
10087  Economy / Economics / Re: Is the number of available bitcoins decreasing? on: April 16, 2016, 02:13:55 PM
I think the number of available bitcoins is increasing, because there are many miners out there. And if bitcoins decreasing i think it will affect the price of bitcoins.

Bitcoin will never deacreasing cause of miners it's ture. But a lot of people are holding bitcoins and it's a problem what nobody can solve. Everyone want more money.

Let's set the record straight here.

The total number of bitcoins produced by miners is determined by a fixed schedule. It does not depend on the number of miners or the hash rate or the difficulty. According to the schedule, the number of bitcoins produced decreases every 210,000 blocks until at some point no more bitcoins are produced.

However, bitcoins are also constantly being lost by people losing their private keys.

The question is when will people be losing bitcoins faster than they are produced by miners.
if that's correct, the number of bitcoin produced decreases every 210,000 it means someday the price of bitcoin will soar higher than we've ever seen.

That's not true, the lost bitcoins won't make any impact on the price of the bitcoin. The technology never consider those lost coins into the count. Only the production for the entire system is already a fixed one.
10088  Economy / Economics / Re: How to earn money with bitcoin ? on: April 15, 2016, 05:20:29 PM
There are several ways to earn good money with the bitcoin, I consider signature campaigns as one of the best one because its easy.
Its not only easy its also very nice because you are learning if you do this and its also that it has no risks.

Working on signature campaigns will give you extra knowledge related to bitcoin and after spending time on forum you will also get familiar to earn bicoin in different ways.

Well said signature campaign would give you reliable earning as well makes you understand about the various risks involved in the different methods of earning. From this you can select the one you are convenient.
10089  Economy / Speculation / Re: 500$ This Dec ! on: April 15, 2016, 05:14:34 PM
500$ isn't very high level, but i think the Bitcoin's price will reach this level soon

$500 was the expectation for the year of 2015, but fortunately it didn't touched. This time even before the 2016 December we could reach $500 even if halving doesn't take place.

Yes that's possible, as the Bitcoin's price isn't stable till now, but i think we have to wait the halving to see the results then.
I think this as a huge value. If halving brings great profits we can expect this in December. We can't predict anything. Trust that bitcoin halving gives only joy to its users.

what's so special about december that you think the price will go up by that time? i really can't think of something that will happen this year in december that may push the price higher.

There is nothing special in December everyone is waiting for Bitcoin halving to be happened , Everyone is hoping when bitcoin halve (block size will be 12.5BTC ) It will give a rise to bitcoin . The price of bitcoin will increase because of halving . Also the investors are getting too much into bitcoins now .

i have no doubts about that the price will go up because of the lower block rewards, but i seriously think the block halving price increase will not be as much as some people may be hoping for. my guess is a $100 increase at most from current price level for the rest of the year.

As suggested the price might touch $500 before halving and probability is there to experience a increase of $100 on halving but gradual increase in price after halving would take the bitcoin towards $650 - $700 by the end of 2016.
10090  Economy / Marketplace / Re: Brazil has more than 150 stores that accept bitcoin on: April 15, 2016, 05:07:12 PM
Recently Greece too had got a few stores accepting bitcoin. This could get more users to spend their bitcoin effective.
Soon bitcoin accepting stores can be seen in neighbouring countries of Greece and Brazil.
10091  Economy / Trading Discussion / Re: Anyone booked profit when btc touched $ 400 ? on: April 15, 2016, 05:02:48 PM
I shall buy more bitcoin when the price is below $400. But I am not sure if the price will be that low in the near future.

Near future don't expect a price below $400. It's on the rising side, at present the price is little stable which grows when the halving takes place, sometimes even before that.
Yes if you are making now an investment in Bitcoin, than the chance will be high that you can have some good profit later in the future with Bitcoin and that would be nice.
But you are not for sure that you can make such a good profit or that the value is going to rise.

The $400 is quite low and the price has been consolidating. After a few months, the price will rise.

$400 is not at all a low price if you think about the price within $400 for a long time. Yeah now the price has started to increase and anytime it can touch $500 to give high profit.
10092  Other / Politics & Society / Re: AMERICA PRESIDENT WHO YOU PREFER? on: April 15, 2016, 04:57:09 PM
Hillary will be the first female American president.I am not an American citizen but if I were I would support Hillary for being female.

I too support Hilary Clinton though I'm not a American. I believe in all the presidential candidate Hilary Clinton is worthy and also she understands human needs in the right manner.
10093  Other / Beginners & Help / Re: I am a beginner help me please on: April 15, 2016, 04:52:30 PM
Don't take a loan for mining equipment. Mining bitcoin is hardly profitable for private persons. Only a professional approach with big investment is profitable.


As suggested don't start mining by getting loans, it might lead to stop in a short term. Try with the minimal amount you have because if you find it profitable you can continue else can move on for the other methods of earning.
10094  Other / Beginners & Help / Re: Best way to spend Bitcoin? Newbie's opinion. on: April 15, 2016, 04:43:35 PM
When the price rises to $1500 later this year, I will spend some of my bitcoins to buy a good computer.

According to your expectations if the price doesn't go high on halving you need to wait for a long time to buy your computer as with the gradual increases only by 2017 the price might touch $1500.
10095  Other / Beginners & Help / Re: MOST COMMON MISTAKES OF A NEWBIE on: April 15, 2016, 04:35:57 PM
I think gambling is the most common mistake that a newbie does when he is new to the world of bitcoins and end up loosing everything, and also investing in any ponzi sites to multiply his coins in a quick time.

Gambling is the bad selection of newbies. Most newbies doesn't understand the reality behind gambling and just goes on with hope of earning, but when they understand better about gambling their wallet gets empty.
10096  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin survive world war III? on: April 15, 2016, 04:28:48 PM
I think bitcoin still survive, but it will happen if the internet is still there. perhaps at that moment bitcoin transaction will be used for weapons because it is very difficult to detect the bitcoin transaction

Yeah as said bitcoin will survive as there will be no damage for internet in countries which doesn't take part in the war. Secondly bitcoin will never be used as a transaction for weapon trade as most weapon industry belonging to governments.
10097  Bitcoin / Bitcoin Discussion / Re: Ever dreamed about Bitcoin? on: April 15, 2016, 04:24:12 PM
I also have dreaming about bitcoin if it comes true, then there would be no need for me to work and I could live a peaceful life. Cool

That's not fair to have a good living with peace but without doing any work is not possible. I too never thought of it and never believed when my friend explained me about bitcoin. It looks to be a dream being a part of such a innovative technology.
10098  Bitcoin / Bitcoin Discussion / Re: What's stopping people from using bitcoin? on: April 15, 2016, 04:18:47 PM
Government not supporting bitcoin. Nah. Bitcoin are not their priority why bother to think of that. In a country there are lots of things to be prioritized. Bitcoin is just a miscellaneous thing and they are not the one who will take time to watch this currency. There are people who in-charge of that.

True, government has lots of other responsibilities. Its our duty to take care of bitcoin and take it towards growing path. But in few countries bitcoin is supported by government, in those countries bitcoin has flourished high.
10099  Bitcoin / Bitcoin Discussion / Re: How to teach someone about Bitcoin on: April 15, 2016, 04:11:23 PM
To teach some about bitcoin you have to have your cellphone or your pc ready so that you can let a person see the visualization so that they can understand bitcoin more easy.
A pretty good idea, because it requires a Bitcoin can be used, so that the device without device (PC, cell phone, laptop) definitely bitcoin can not be used. But there's a little extra after seeing the visualization of bitcoin, we could add to the advantages offered by the Bitcoin is much better than other currencies
Yeah but for such an effort to have any significant effect, it would have to be done in a very professional way. And indeed, it needs to be paired with actually giving Bitcoin to the person who is learning.

That's a smart way. Better you can try by creating a bitcoin address and transfer from your bitcoin address a little amount of bitcoin. Show the live transfer with confirmations. Now start explaining it, in a short term the person will understand.
10100  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: April 15, 2016, 04:05:01 PM
With 10 btc I would use 7 btc in short trades and 3 in local person to person trades. Slow and steady gains with controlled loses.

It's a good idea of growing your bitcoin. I prefer to invest 7bitcoins in small portion of land which gives a good profit when sold after few months. With the remaining 3bitcoin I do trading.
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