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10261  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: April 06, 2016, 10:07:09 AM
Well im collecting bitcoins without search a lot of its price,the fact that i can exchange it into fiat anytime and put my extra into the savings is good.I dont do this because i prefer to invest and its bringing me good results soo i wont let it to the bank ,not now,in the end matters if you are going to sell 100btc for 400 or 350 dollars.

Cool guy. Very intelligent in making decisions. Thank you for sharing your exceptional goal. Just let it marinade in your wallet and soon you will have a lot of profit with a good price.

That is not fair. It matters a lot even if a single coin is sold. Bitcoin as a bulk will give reduced profit if selling done at low price, if few coins were sold the price might affect daily life comfort.
10262  Economy / Economics / Re: Why has bitcoin had success in China? on: April 06, 2016, 10:02:01 AM
Why has bitcoin had success in China?
for me satoshi nakamoto live at chinese Roll Eyes
and i read some news chinese have official cryptocurrency with decentralized system for his country, but not yet launch.

I believe Chinese are much interested into technological advancement and trust it. Even I feel the government is also a major factor. No other government had come up with a plan of introducing their own digital currency other than china.
10263  Economy / Economics / Re: Why do people keep saying BTC is dead?! on: April 06, 2016, 09:57:11 AM
The most bad news related to bitcoins comes from companies agaisnt it ,being the main fact they worry to loose costumers ,or already some of them left,soo they pay to someones write about the how bad bitcoin is for the community and the world.But recently microsoft said sorry for the wrong informations passed ,they are working with bitcoin and Disney working at their own blockchain based on the bitcoin techonlogy,soo they cant clean .

I agree, those haters really are trying to destroy Bitcoin giving it bad publicity. But as we all know they will not succeed. Bitcoin is rising now, slowly but rising anyway.

There are few who try to make the bitcoin fall with unwanted statement. This is not a issue for our technology, such issues have been overcome several times.
10264  Economy / Economics / Re: Block reward halving and BC price on: April 06, 2016, 09:53:05 AM
Yes, I believe the halving has been baked in already.  I have said this before, but since this is not some new event we should expect the bitcoin market to at least be a little bit efficient.  I'm watching this, I can't wait until it happens so we can see if we're going to get a price spike.

Bitcoin will give profitable price before halving. Long time no increase, so its expected to circulate between $425 to $450 by the coming months.
10265  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: April 06, 2016, 09:46:13 AM
I do not think it will ever be a global currency although its possible for sure without even a doubt, the fact is now that you can already see signs that it has a chance its growing very fast these days.
Plus its also getting more popular day by day due to the things that are happening.
Bitcoin will be more powerful currency in future, but expecting that everyone will be using it in future seems to be impossible or impractical as it will take a long time for people to know about bitcoin.
A lot of people know about Bitcoin, the thing is not all of them want to use it for one reason or another. Most of the people I've seen interested in Bitcoin are people who are relatively younger, and are more open to new things. I haven't seen anyone over the age of 40 who doesn't think it is a failed investment or it has no future or whatever other argument they have against it.

Only countable number of people are into bitcoin over the entire world, but as mentioned above when this youngsters reach the age of 50 the user rate might be much high and might get used as our regular currencies but never as a global currency.
10266  Economy / Economics / Re: Best way to manage money? on: April 06, 2016, 09:41:22 AM
Well one thing is sure some people need and must learn to manage their incomes,this can easy change your life in the short time,i believe there isnt a best way but several goods ways ,each person must find one and use it.

Yeah money management is highly needed for every people. The reason is people earn lot but as they don't know to manage effectively, people waste in unwanted needs.
10267  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: April 06, 2016, 09:37:54 AM
Its always good to invest in btc considering that halving is comming so good choice

I don't think of investing. I believe bitcoin would jump to a big price when halving take place. At this moment holding is better as halving gives good profit than investing.
10268  Economy / Economics / Re: Loans too risky? on: April 06, 2016, 09:34:30 AM
Well serious lenders without collateral will get scammed thats a fact.Banks before grant any loan they ask you your montly income,if you have a job otherwise they wont lend you money they believe you cant pay.

Agreed, something without proper collateral will be a scam as well users should never think of giving loans before receiving the collateral.
10269  Economy / Economics / Re: Mining coins save or sell it? on: April 06, 2016, 09:30:40 AM
I'm new about mining coins, but i just start mining alt coins. And i think better you save it and wait, because it's have a change that coin's price can increase.

It is difficult to say. Most of the altcoins are scams. It is better to mine and sell most of them. Just keep very little.

Well said. Its difficult to completely depend on altcoins. Altcoins rise take place only at certain times. Bitcoin is not like alts, it gives gradual rise.
10270  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: April 06, 2016, 09:25:08 AM
I will be very much happy if bitcoin price rise and I get a great amount to buy a house, because buying a house is a long term desire for me.

buy a house  Shocked Shocked Shocked Shocked Shocked Shocked
how much bitcoin you have..? today im have only 2btc if the bitcoin price rise to $10.000 i can buying a house too Cheesy

With 2 bitcoin you can't buy even if the price goes high to $10000. Because if bitcoin raises sure property price too will increases.
10271  Other / Politics & Society / Re: Women beating men; is it common? on: April 05, 2016, 09:04:11 AM
Yes and the sad thing is, when people see this happening on the streets, nobody rushes to help.


I don't think such incidents takes place on the street. If someone interfere to stop the problem sometimes finally he might get the beatings.
10272  Other / Beginners & Help / Re: 0.3 btc in a week on: April 05, 2016, 08:54:38 AM

Most Bitcoin projects that offer you that much in a week for doing nothing is most likely a scam. Remember ladies and gents: if it seems it's too good to be true, it is.
Those which offer much in first weeks come under ponzi schemes , quick rick schemes are for those who come first and the later ones are used to pay former.



True, to attract users high pay will be paid in the initial days. This makes users to recommend other users too. When days roll in a short it will get confirmed as a ponzi when shutdown take place without notification.
10273  Economy / Speculation / Re: Bitcoin will never reach $700 again on: April 05, 2016, 08:49:27 AM
Bitcoin will reach $700 on halving. If it doesn't take place only with gradual rise we can expect the price to touch $700 by the end of year 2016.
10274  Economy / Speculation / Re: When will bitcoin reach 500 USD again ? on: April 05, 2016, 08:46:43 AM
Everybody knows about the halving, so why should there be a price spike?  I don't get it.  Bitcoin has been flatlined at $415 for a while now--and that's actually good for it as a currency.   Not so much fot bitcoin as a get rich quick scheme.
perhaps the halving later will affect the price. but, the current price of bitcoin is being stabilized, I think this will take place with the old.  even if two months, I am still not sure bitcoin price reaches $ 500

The price has been stabilized for a long time after the price crossed $400. It is expected to reach $500 on time of halving but not sure of the rise.
10275  Economy / Speculation / Re: 1 BTC = 1000$ in 2016 on: April 05, 2016, 08:43:33 AM
If the halving goes right maybe if not the opposite might be possible.
hopefully we don't see problems then see ether take tons of bitcoin users.

On halving if users don't expect a price increase on halving, with hope they will wait holding for few more months rather than jumping towards some other coins.
10276  Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase? on: April 05, 2016, 08:37:23 AM
I try to hold the coins till the price increasing because i think we can make good profit in this way

it's good , if the price reach your target you can sell it, but sometimes price will be fail before reach your sell order . so becarefull guys  Cheesy

Yeah, bitcoin holding need to be done by fixing a target. Only then we can make a good profit rather than holding blank without any decision on selling.
10277  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: April 05, 2016, 08:33:25 AM
I dont think banks will dissapear, multi billion and since life exists cant be exctinted by new era anyway i would love they really dissapear from this earth (bloddydiscustingsuckers)

The banks are not only here to keep your money but they also have a number of other financial affairs, and are maintaining financial affairs of a number of organizations, companies and government etc.

If you examine the current statics of bank users. Almost every citizen has a bank account. Whether its been used or not, even some countries its been made mandatory to have a account to withdraw government funds transferred to citizens. Really very tough to make banks disappear.
Yes very true very difficult if not impossible to make bitcoin banks disappear. And some people still redeem bitcoin to cash and transfer to the account of banks. Banks in the financial world still very much needed and very difficult to remove.

All i can say bitcoin cant replace bank its impossible its very risky to put all your money in online wallets it is more attracting to hackers no system is safe for them. While mostly transaction and more big transaction are made in banks and big money is safer their if u put your wealth in banks.

In terms of safety bitcoin has got lots of features if someone afraid of online hacking. Bitcoin as a digital currency has not reached most population, when usage increases the bank usage might get reduced.
10278  Other / Off-topic / Re: du you spend coins on real life. on: April 05, 2016, 08:17:19 AM
i have sold them for paypal at times when i needed cig or gas or something lol

Well, that's the common things to do, to swap it to fiat when we need cash in real life...as we can see there are only few stores that accepts bitcoin...So in real life, we need to cash it out...

Now cash out and using is the best option. We don't have much websites that accept bitcoin. Only on converting we can buy required products. On using bitcoin directly only specific products can be bought.
10279  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: April 05, 2016, 07:49:25 AM
Well together we can make it happen and achieve such goal but bitcoins be everywhere would be something amazing.And i just hope to be alive to see it happen.

Bitcoin will evolve as a global currency when bitcoin usage among the world population around 5 to 10% within few years.

I expect that in the next 5 years to be frank, but it can be as long as 10 year if we are slow!

I feel just 5 or 10 year as a very less time to reach a user percentage of around 5 - 10%.
10280  Economy / Economics / Re: How too get rich on: April 05, 2016, 07:46:30 AM
I think if you want to be rich, you may have to work very hard more than others and may be so many obstacles that you face in the future, just like other successful people  Smiley

Yeah, truly to be rich one has to work hard with a day job than the other as mentioned but overcoming should not be done upon illegal behaviour.
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