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10801  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: March 08, 2016, 04:17:50 PM
Bitcoin is the best, when we consider about the price and the normal growth. Gold can be selected by the long term of running as well the increased acceptance of gold than the Bitcoin.
10802  Other / Archival / Re: Should we sell btc? on: March 08, 2016, 04:12:23 PM
If there is a need of physical money with high profit, user needs to sell the Bitcoins. The reason is that I personally think Bitcoin price will increase only after halving.

Well after the little dump today i am not worried. The tendency is that the price goes up and down often. But the outlook is positive.
So i do expect it to bounce back.
Well i suggest that its better to wait a little more time maybe the price will decrease back to 370.. after reaching that price its time to buy again and wait again for the price will be increase...
Its not smart now to do it. And that is not good for your money if you are now going to sell it. The value is not even that high.
We all hope that the value will rise for a long time and that we can sell it with a huge profit in the future.

That's true, holding at a moment is the smart move to make, as the price not too high, you cannot earn good profits at a moment, but if you hold for few months, then you can expect a higher profit.
Its not smart now to sell your coins at this moment. The value is not that good to sell it so you wont get that much profit of it.
I hope that more people will sell it later in the future with profit, that is very good. Patience is very important.

You are right, its not good to sell your bitcoins right now due to the halving that is coming this year.
You will most likely gonna make profit if you just hold your bitcoins for a long time if you ask me.
Also due to the bitcoin community is growing, the future is getting better by day, more people are investing in it also.
You never know what will happen in the future. The price is a bit stable know and it can also be down.
The best thing to do know is just hold your coins, that is the best thing. Dont buy it now around this time or sell it.

I disagree the price is not very stable and this number we are at now is pretty low for the bitcoin if you ask me.

We just need to wait and see what the bitcoin will do the halving will let the price increase for sure.

Waiting for the block halving is a good option as the price is not stable over the past few weeks. Its better to hold the Bitcoin and earn a good profit by the coming months as halving is expected near.
10803  Economy / Speculation / Re: How much do you think 1 Bitcoin will be worth in 2020? on: March 08, 2016, 04:06:01 PM
Bitcoin will reach the price between $1000 to $1500 by the year 2020. This is just a prediction based on the current scenario of bitcoin's growth. As few users suggested several corporates will involve in Bitcoin by the coming years.
10804  Economy / Speculation / Re: why bitcoin rate increase or decrease? on: March 08, 2016, 04:00:23 PM
increasing or decreasing rate of btc is normal but why its happend...?


Every currency in the world increase and decrease its part the market where whales manipulate the price.
Its now just bitcoin but all known currency in the world.
Not only currency value whole national finance is handled by rich whales being more richer and richer. In this manipulation political leaders also play significant role. this is like rule how this current world economy works.

Bitcoin is not a real currency as we use regularly. Every currency has its own fixed value, but Bitcoin has a varying price. This price increase and decrease is due to the accumulation of Bitcoin and the running technology.
10805  Economy / Speculation / Re: Can bitcoin rise up to 800$ this year ? on: March 08, 2016, 03:54:41 PM
I strongly believe that bitcoin will hit 800$ this year or maybe higher.
Its getting mainstream and many people are starting to now what bitcoin is.
I believe it too it will rise but i'm not sure it'll rise to 800$ this year, we'll know in about 3 months or so, i'm waiting for the rise eagerly. Smiley


The price will increase to $800 after halving, if the technology allows. I think the price will not be standing around $800 for a long time. It might gradually decrease and get settled around $500.
10806  Economy / Speculation / Re: will we break the 400$ ? on: March 08, 2016, 03:48:41 PM
It happens often with the Bitcoin price. The price has fallen below $400 before few days and now it has once again crossed the $400. Coming days it might go down to $350 and increase suddenly on halving.
10807  Economy / Trading Discussion / Re: Purchasing bitcoin online? on: March 08, 2016, 03:43:42 PM
Online buying can be made with the transaction of Bitcoin through Bitcoin address or can buy through various sites providing Bitcoin for cash.
10808  Economy / Trading Discussion / Re: Anyone booked profit when btc touched $ 400 ? on: March 08, 2016, 03:39:32 PM
Most users have profited when the price increased after various drastic falls. Even now every users have got good value for their work as it has grown in a short time after a fall from price of $430.
10809  Economy / Trading Discussion / Re: I want to start trading on: March 08, 2016, 03:31:37 PM
Trading needs good knowledge in Bitcoin as well various trading strategies. Higher the attachment will make the trading effective and highly profitable.
10810  Economy / Trading Discussion / Re: Best trading places on: March 08, 2016, 03:24:38 PM
Depending on the location the trading preference can be made. Personally feel localbitcoins good to make trading in the Asian location. Kraken can be considered for the western countries.
10811  Other / Beginners & Help / Re: Best way to spend Bitcoin? Newbie's opinion. on: March 08, 2016, 03:12:17 PM
Now more online stores accepting bitcoin are coming into existence. So we users have handful of options and products to buy. Now we can easily do all purchase by the coming years.
10812  Other / Beginners & Help / Re: Does anybody have any information sources explaining bitcoin? on: March 07, 2016, 05:35:40 PM
I'm sure about it, I have come across various videos in YouTube that gives clear description about Bitcoin and the technology running behind it. You too can find and make it useful.
10813  Economy / Speculation / Re: When will bitcoin reach 500 USD again ? on: March 07, 2016, 05:30:51 PM
The value of bitcoin is expected to reach $500 by the mid 2016. This value will be stable for a long time as now we have a stable value around $425.

I do not know how high the bitcoin price will go. But it will be much higher than $500 after halving. Maybe the price will be $800.

Price will go high and would reach a range of $500 after few weeks of halving. Just after halving we ca see a very high price which eventually decrease and settles around $500.
10814  Economy / Speculation / Re: I think the price will rise again above $400 on: March 07, 2016, 05:27:25 PM
Bitcoin is in the increasing era. It has crossed the $400 and now sustaining around the $415 tag. This will continue with regular ups and downs in the price. It might soon rise above $450 because of halving.
10815  Economy / Speculation / Re: Price Increase Incoming. on: March 07, 2016, 05:23:06 PM
They are coming and the price is gradually increasing.. look at the chart right now the price is increase into 413.5.
Lets hope  that the price will be back again into 450 soon..

Price is increasing gradually after the sudden decrease in the price. This decrease has now overcome by the increasing price which would soon reach $450 as suggested by the above mate.
10816  Economy / Economics / Re: Bitcoin in India? Not for a LOOOOONG time. on: March 07, 2016, 05:17:30 PM
India is not really good with the technology side of the world. They are better for their factories and industrial stuff.

No mate, India is very good with technology aspect too, but the thing is not many people hold that knowledge of technology, and if you travel the interior parts, then you would find many villages without electricity, internet etc.

In the major cities you see Indian is like the west. Really into technology internet etc. The urban cities and villages has some catching up to do.
Give them 5-10 years and you will see how India will flourish.

That's true India is a developing country, and the best thing is the majority of Indian population is youth, So youth will always be keen to learn new things, and things will change in future for sure.
You will never know what can happen later in the future. But I think it will come soon to India.
Bitcoin is becoming more popular and that is very good. Also for the economy and Bitcoin. Now we must only hope that it will be more worth later in the future.

Exactly said, Bitcoin is growing and getting adoptions from India equal to western countries. This will continue and as said not only cities are growing equal to west, small towns too getting few necessary things like internet and getting digitalized.
10817  Economy / Economics / Re: Mining coins save or sell it? on: March 07, 2016, 05:12:24 PM
Most miners are getting out of mining due to the less profit. Some are getting into altcoin mining and investing in Bitcoin. Its better to save the mined coins for better profit.
10818  Economy / Economics / Re: Bitcoin worth to you or not... on: March 07, 2016, 05:05:42 PM
Bitcoin is much worthy when you compare with other local currency. The reason is Bitcoin has the highest value with just a backing with technology rather than some other commodity.
10819  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: March 07, 2016, 05:01:46 PM
It wont replace dollar soon maybe in the future yes.
Who knows what the future could bring maybe bitcoin is not the mainstream digital currency.


i think the chance will be 1:1.000.000.000 , U.S. dollar is strong currency, backed with gold, I doubt bitcoin can replace dollar in future.

Well said dollar is very strong. Dollar is well backed with the gold. When we think about Bitcoin its backed with the technology. If something goes wrong everything gets collapsed.
10820  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: March 07, 2016, 04:58:11 PM
At any situation quitting day job for Bitcoin will end you in some tragedy. Bitcoin has got a good running technology behind it, which won't get vanished in a short term. Still we need to think wisely.
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