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10521  Economy / Speculation / Re: Don't worry - this is neither a crash nor a turning point ... on: June 19, 2016, 07:25:35 PM
... Bitcoin just takes a run-up to pass the $1000

This could already happen during this weekend jump.

So relax, get some popcorn and beer and enjoy the ride ...
The price of BTC could change entirely and we would never know what is the stable price. Therefore having said that enjoy with the ride of BTC don't forget to fasten your seat belts.
10522  Economy / Trading Discussion / Re: Which is better: arbitrage or simply holding onto bitcoins? on: June 19, 2016, 07:09:18 PM
Whenever I get bitcoin, I immediately sell for a small profit.  I have been wondering if I would be better off just holding onto them...then I think that to make money I gotta buy and sell, buy and sell, over and over.

What are your thoughts?  Is it better to buy and hold or buy low/sell high?
I think holding your BTC for a long time could be better, if only you have a large amount of BTC therefore you can generate a large profit in the long-term. Yes with bitcoin our patience will get reward for us.
10523  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: June 19, 2016, 06:58:53 PM
No I do not think that everyone will use it, it would have been grown to a large pay method but still not used by everyone.
I really think we need a lot more time to accomplish this with the bitcoin.
The majority will use it, however not everyone, a few will be amaze what is that BTC
But in case it becomes so popular with certain state and country we will see a different outcome regarding to this topic.
10524  Economy / Economics / Re: Best way for steady income on: June 19, 2016, 06:46:00 PM
you can actually get a steady income but not a passive income . you cannot make a lifetime income on online investments because they are not supposed to run for a lifetime . you can make a steady income with the help of signature campaign .
If you do not want to do anything it is hard to find a ways for your steady income and I think this topic is already posted before, never mind that.
I think you could earn a steady income with a small satoshi with faucet referral that is the only answer I could think of with your description.
10525  Economy / Economics / Re: Why have Bitcoin instead of cash? on: June 19, 2016, 06:39:15 PM
Bitcoin is an currency and also an investment, if you save your money in fiat then it will not grow over a period of time, but if you save money in bitcoin it can take your savings to higher level.
And also BTC have a high potential regarding the daily tasks of a human, like it could implement in gaming RPG is the best I think. It could be a bounty within the game, and much more if you only think that BTC have a high potential in evolution.
10526  Economy / Economics / Re: USD vs BTC on: June 19, 2016, 06:30:36 PM
Not even close. We on this forum are familiar with bitcoin but the vast majority of the world and even America don't know what it is. Most people in the world know what the US dollar is (and of course everyone in America knows what the US dollar is).
I can't believe that majority of America don't know what is BTC I thought that some of the people there know BTC if not I can't blame them.

BTC is evolution of the current payments, it is possible the next generation of bounty within the game, so much more you can do with BTC that couldn't do with USD, like fast payments, easy transaction, and much more.
10527  Economy / Economics / Re: how to develop economic system of country/ on: June 19, 2016, 02:06:08 PM
I'm not exactly sure what you're asking but to set up an economy first there needs to be something people want. So let's use BTC. Somebody with a lot of Bitcoin has to employ work on people for goods and services. Think farming for food or building huts/houses. He trades Bitcoin for food and a house which now the farmer and builder have. They trade that for maybe a rug or clean water or something. So you see it really doesn't matter what the currency is as long as it can be sustainable and traded for goods and services and is not easy to get. That's why gold was used for so long in direct trades.
I suggest that watch the anime Sworld Art Online & Grimgar, you will have a better idea how the economic process from a day to day basis. DarkThrones give a specific idea about the merchants, and traders. basically it needs a sustainable form of payments.
10528  Other / Archival / Re: Who won the biggest amount in Satoshimines ? on: June 19, 2016, 01:52:04 PM
I think the best method must be, do not push your luck too much you are likely to touch the mine if that's the case.
I suggest that play only in amazement, don't panic if you are losing too much.
10529  Economy / Economics / Re: Long term OIL on: June 19, 2016, 01:22:57 PM
Yes, there is an increase in the number of gas-fueled engines. But there is a bigger increase in the number of petroleum-fueled engines.

The big oil companies also produce natural gas. They're also hedging their bets by investing in alternative energy technologies. They're diversified. Trading oil futures is dicey but going long on fairly valued big energy companies is ok.
Yes long run investing in oil could be profitable also, the markets are changing dramatically so it could be ideal to invest for the long run. You will not worry about the drastic change, alternatively might also generate a stable outcome.
10530  Economy / Economics / Re: Why we should fear a cashless world on: June 19, 2016, 11:07:01 AM
Poor people and small businesses rely on cash. A contactless system will likely entrench poverty and pave the way for terrifying levels of surveillance

http://www.theguardian.com/money/commentisfree/2016/mar/21/fear-cashless-world-contactless

Discussion

In  a cashless world people will become slaves of the technology and if the system crashes,billions of dollars

could dissapear.People still need paper money and paper money are still useful.

Bitcoin can be printed and used as paper money.That`s not a problem  Smiley
Yes bitcoin paper money will become useful, however other fellow citizen it could rise a confusion and people who doesn't know BTC would feel ignorant, and could rise a problem having said that as for the title says simple some folks could came up with something new and ignorant would be entertained by them that is the beginning and the end.
10531  Economy / Speculation / Re: BTC is going up and up on: June 19, 2016, 10:49:50 AM
I hope to see the price go up a few 100 dollars, so we have a round number 1000 dollar.
From there I don't see it happening the price will increase more. But perhaps I am wrong and people will buy more.

It always depends on oneself could affect the price, however I deem that $1000 is near specially halving is near more and more people are buying BTC. We just have to hope that it would raise its value to higher than we expect for a better profit.
10532  Bitcoin / Bitcoin Discussion / Re: Why in some countries Bitcoin is banned on: June 19, 2016, 10:40:30 AM
Why in some countries Bitcoin is banned is the accepting of Bitcoin by  websites and that are illegal .

Nahhh, it's not really banned, it's just not recommended as an a mode of payment, because we all know that until now, bitcoin is not legalize by many countries. But not totally banned.
Yeah it would have a long time before BTC are accepted across the globe, however the majority of the payments are accepting BTC just a little longer and do some campaign in other country would be great if you didn't caught by your actions.  
The answer is you must submit an applications that stating you are an entrepreneur and would like to do some campaign in BTC and explain to them what is BTC.
10533  Bitcoin / Bitcoin Discussion / Re: What happens when we have mined all the BTC on: June 19, 2016, 10:27:17 AM
as mentioned above, how will miners afford to support the network?

when all coins are mined out, miner still will be going to have a small amount for fee.
And I don't think that would happen very soon, I read an article once that stating all BTC would be mined in the year 2160. So, their earning from fee would be more than current ones as bitcoin price at that time might be huge.
10534  Other / Archival / Re: Earning "free" bitcoins on: June 19, 2016, 10:11:03 AM
After the slippery slide downhill this past week, I have been looking for ways to "earn" Bitcoins.

I'm looking for feedback on this website: http://www.freebitcoins.org > is it quite a new site or has been around for a while?
I joined up today but there doesn't seem to be many offers to complete, although if you do them every day then I'm sure some bitcents will build up rapidly. The ways to earn Bitcoins are just like the usual surveys to win electronic goods, sometimes very long and tiring but there are ways to skip pages rather than having to fill them all out.

What other ways are there to earn Bitcoins? The pyramid schemes, now they just all sound dodgy to me. I have tested one out this afternoon, but I did make a little mistake of not viewing my profile and sending btc to member#1 instead, argh! Will see how that goes, just like bitcoin kamikazee, you have to spend btc to earn it, but I don't think pyramid is a gamble like kamikazee.

I would be interested in reading other peoples experiences with earning bitcoins in this way, thanks! Smiley

Note: I have not used referral links in my post.
Hyip I've heard from one of my friends that he generate a decent amount of BTC there, however nowadays
it seems scam and no longer paying, I've never tried one. but I suggest that you can earn BTC by trading, or sig camp here in bitcointalk.
10535  Bitcoin / Bitcoin Discussion / Re: See the balance on this bitcoin address (must see) on: June 19, 2016, 09:52:27 AM
i saw this...
i shout Jeessssuuuuuuuusssss Angry Cry Cry Cry Cry


https://blockchain.info/address/3HNSiAq7wFDaPsYDcUxNSRMD78qVcYKicw



i wish i can hack it...
The owner of that account must be a miner and I think he saves BTC to the large scale he can.
Look at the final balance it is the evidence that everyday he/she was using that account to pay and such.
10536  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: June 19, 2016, 09:33:50 AM
how many btc do i need to have in order to be a part of this elite club


I think that at the time of Op, there were quite a few people who owned 10k BTC and more because it would only cost a grand or less to accomplish such holdings.

Sure, over time the amount of coins is going to change and feeling wealthy is kind of relative, but probably, a person needs to minimally attempt to acquire 10 BTC at this price point.. and, yeah, if you can acquire 100 or more BTC at this point, you will likely be in decent shape in the future.

I don't really recommend investing balls to the walls, but if you are newbie getting into bitcoin now, then maybe you could front load a bit and then buy on dips and sell very small amounts on rises while keeping in mind that your goal is to attempt to accumulate as many coins as you can within your own budget.  By the way, I also don't believe in leveraging or borrowing in order to achieve such goals, but it could work out well in certain scenarios, even though it remains a fairly risky proposition (to leverage your BTC investment).

So, maybe newbies could target 10BTC to 100BTC, and just attempt to be reasonable in your acquisition and accumulation process.

Of course, perspectives and approaches are going to vary, so each of us has to find his/her own comfort level in this regard.
Great advises for  new comers, but I think for a regular joe it is hard to acquire a 10BTC having considering that the value is changing. The market is changing everyone is changing. We will never know when is the time that BTC will change its value to a tremendous scale.
It is a good thing to save now, and have a good future.
10537  Other / Off-topic / Re: Steady Way To earn Bitcoin Online... on: June 19, 2016, 08:41:41 AM
What advice can you give to someone who wants to earn bitcoins online ,however not through faucets

For me the steady way to earn bitcoin is just participating in Signature Campaign here in Bitcointalk, They pay a good amount of bitcoin for your participation. Just don't use your earning in gambling because there's a chance you will lose all your hard earned bitcoin. goodluck
Yes I think that is only the stable way to earn BTC here in Bitcointalk, as for OP I heard that high yield investment program is profitable before from some of the people I know in other forums and article. I've never tried hyip you can learn how they do it. who knows?
10538  Bitcoin / Bitcoin Discussion / Re: It is possible to trade with small amounts? on: June 19, 2016, 08:31:19 AM
I want to know if it is possible to buy and sell Bitcoins with small amounts such as 1$ and earn money?
If possible, how will be my profit?
You could I think. However that was not the case, the problem still lies ahead you could only earn a fraction of satoshi.
In trading, risk is always there you can't earn big if you don't risk big, just study trading and be better.
10539  Bitcoin / Bitcoin Discussion / Re: How will the Blog Help you to earn bitcoin on: June 19, 2016, 07:48:13 AM
To earn from blog you need to have lots of traffic and also lots of good article to get indexed in search results which need so much effort but it is sure if you work hard you can earn with adnetwork both adsense or with bitcoin adnetworks.
I reckon that adsense was only paying in dollar alternatively I don't think they are planning to pay in BTC.

@OP you need to have a good content of what is your article and try your best with your niche it will pay you eventually.
10540  Bitcoin / Bitcoin Discussion / Re: How do you "manipulate" the price of bitcoin? on: June 19, 2016, 07:27:43 AM
Generally speaking, if market cap is M, one needs 30 percent of  M to manipulate that market. For Bitcoin, this translate to about 3 or 4 billion now a days.
I don't think anyone is dare/trying to do that any more. But in alt coin world, this happenes a lot.
That's for sure, if someone hold a large amount of the capital they would probably thinking of controlling the equilibrium of the market. However I think in BTC now it is highly impossible due to 10+ billion market cap.
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