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11261  Economy / Speculation / Re: The price is below 400$, What next? on: February 12, 2016, 07:50:26 AM
The price is below $400, it has been quiet stable around the 375$ margin for a long time. This may be a initial step for the growth of the bitcoin. From this value it may start increasing in the price.
11262  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin trusted to put your real money on: February 12, 2016, 07:42:28 AM
of course it is trusted to put real money. I prefer not large amount of money to be put. A small amount will benefit you as even if there arises certain bans it won't affect you much as you have invested or put small amount.
11263  Other / Beginners & Help / Re: Android wallet on: February 12, 2016, 07:27:35 AM
There are various wallets in the store, from most posts you could have understood should have little amount in the phone wallet. Better option is to save those in the offline wallets as the value is too high. Can use by transferring as it won't charge much for transfer of bitcoins.
11264  Other / Politics & Society / Re: Morocco to switch on first phase of world's largest solar plant on: February 12, 2016, 07:18:43 AM
This is one of the best implementation over the entire countries of the world. I believe following this most of the countries would try to implement their own solar plants for the greatness of the human survival for long years.
11265  Other / Politics & Society / Re: Authorities banning cash on: February 12, 2016, 07:10:15 AM
After years of rising debts and failed policies, our governments decided it was time to print with the illusion that wealth can be created out of thin air. Obviously they are now realizing that wealth cannot be printed so why not seizing it from its citizens? One of the worst nightmares of banks are the long cues that you will see creating in front of ATM machines in time of panic, and understandably people want to hold cash because they can control it. Our governments would like to change that and they are considering the idea of banning cash (gradually they already started by decreasing the withdrawal limits on ATMs). In times of negative interest rates banks will start charging you for keeping your money, and if you are not allowed to have cash you have nowhere to go and decide if you want to be punished for saving money or if you want to spend it all. To implement this they will just use a tool that is it's working pretty well, fear-mongering. They are successfully depriving us with our privacy with the pretext that national security is on the table, they will do the same thing with cash, they will say that terrorists use cash therefore we need to ban it (they can get away with anything with the excuse of terrorism).
It sounds like a plan but bitcoins may get on the way for them. Do you think that sooner or later governments will try to ban bitcoins?Of course they can't prevent people from exchanging bitcoins with one another but they can go after businesses that accept bitcoins
I would like to know your thoughts..

During crisis governments try to make the economy stable. When they try to do this try impose such regulations on withdrawal limit, transfer limit and all. Even this can be get rid of few banks. Terrorists have various options, they just won't depend on bank for their money transfer. When the governments feel the cap market of banks are getting decreased they may plan in the banning of bitcoins
11266  Economy / Speculation / Re: How much will it go down? on: February 12, 2016, 06:58:32 AM
it breached the $400 dollar mark to go down below, but I think the $350 would be very tough to pass thru, so I guess price would only be at $350 and go up again.. That would be the lowest that I could think...  Smiley

I can't think of a reason of why the price will come back down to around $350 as the price is holding strong at current level. I find it more likely to see the price go back to $390-$399 than down to $350. Right now the support at $350 looks fair, but it can change as soon as the price comes down a lot. Bots and traders will pull back their buy orders.

Yes over a long time the price is stable, So don't think that it will even go down of this. Price increase can be seen from the current value. If there is a sudden increase trade will get increased which will release accumulated coins.
11267  Economy / Speculation / Re: Mike Hearn needs to make a full public apology on: February 12, 2016, 06:52:26 AM
I doubt that he have been paid to say that line in order to make them allow to buy more bitcoin.

One who has been much attached to particular thing won't give statements for money. He was there from the early days as well during most hard times of bitcoins. This finds to be his statement which has been made a false statement by the growing bitcoin technology.
11268  Economy / Economics / Re: Gold KILLED all else today on: February 12, 2016, 06:44:00 AM
yeah gold are doing great growth in price and bitcoin are geting constant but don't worry it will not bitcoin price will up soon ;p

Gold has not interrupted in the growth of bitcoin. Gold has the market in trillions which describes its difficult to move a value that easy compared to bitcoin which is growing constantly with few millions. Soon bitcoin might reach the state of gold.
11269  Economy / Economics / Re: Why have Bitcoin instead of cash? on: February 12, 2016, 06:33:23 AM
Bitcoins can be transferred anywhere but if you want faster in-person transaction, nothing beats cash.

Yeah in transactions fiat will not more faster than bitcoin because its digitalized completely. It would take time for confirmations only.

If wanna send fiat anywhere in the world It needs any support medium like paypal, moneygram, western union or atleast bank support but bitcoin is not like that much faster and its sending from our bank(wallet).

Bitcoin has the fastest transaction with less transaction charge than other support mediums which are indicated by above Bitcoinee.
More people getting into it as it won't require the identity for transaction.
11270  Bitcoin / Bitcoin Discussion / Re: Are so many cryptos good for the world? Or is it better to have only a few? on: February 12, 2016, 06:17:50 AM
This is too much. More the number of cryptocurrencies existing the worthy coins like bitcoin,altcoin,eth will also loss its value. Even when the number gets constantly increase there will be governments intervention which may sometimes lead to banning of alternate currencies.
11271  Economy / Economics / Re: Long term OIL on: February 11, 2016, 10:15:24 PM
Oil is dead Soon USA will doesnt need to import Oil.And new technologys will start to  replace oil
Oil coal,bye,bye
Oil will not stop being used for at least one century. We cannot change the world in less time.

Thats true, even though new technology gets evolved oil will be in use. To demolish the use of oil can be done if entire countries agree. So most countries who having oil wealth won't agree. This continues for several decades
11272  Bitcoin / Bitcoin Discussion / Re: What's stopping people from using bitcoin? on: February 11, 2016, 10:09:35 PM
Some people just watch from th outside and create a negative statements.
People who were not experienced using bitcoin also believe things said
by those useless and fear to get involved into the bitcoin community.
11273  Economy / Speculation / Re: What if we sit at $310-$340 for 2 more years? on: February 11, 2016, 10:04:09 PM
The present situation of bitcoin is not that bad to reach a value between 310$ - 340$
If it happens also it won't stay for a long time period of 2 years
390$ - 410$ can be expected to be stable for a long time

If the Core team agree with a block size rise soon without any conditions, the price will go up very fast.

Yes the price increases but there also the miners are getting affected. Now also many miners dropping mining process due to increased power price. So once again mining gets affected which will reduce the bitcoin price
11274  Bitcoin / Bitcoin Discussion / Re: bitcoin facebook page? on: February 11, 2016, 09:57:28 PM
There is no such need for an official or separate facebook page to promote bitcoin. Once you promote through social media it looks to be a business and someone who has no idea about bitcoin too will join it and that makes no sense.
11275  Economy / Trading Discussion / Re: Here to all you scammers. on: February 11, 2016, 09:52:03 PM
people work hard to earn money. At times due to some situation due to the much requirement of money people end up.
So by this, they can't be circulated as scammers
11276  Bitcoin / Bitcoin Discussion / Re: An excessive fee is an our future? on: February 11, 2016, 09:37:14 PM
One of the reason for the success of bitcoin is it reduced transaction fee as well as time. If that gets increased by 10 times the value of today, People feel bitcoin to be a failed tech. So at any instance it won't happen as days pass the value will grow which will profit miners. So No need of thinking about increased transaction charges in future.
11277  Other / Politics & Society / Re: Homosexuality is caused by being molested on: February 11, 2016, 09:31:53 PM
Thats not true. Someone leading a guy to get formed as a gay just because of molesting is not true. I think thats like an addiction which creates an mental enthusiasm within themselves when they behave as a gay.
11278  Bitcoin / Bitcoin Discussion / Re: Do Bitcoins have Tax?? on: February 11, 2016, 09:24:06 PM
There is no tax imposed on bitcoin. Some countries have strict regulations which are just to reduce the use of bitcoin. Tax issues has not arise yet just because bitcoin is decentralized.
11279  Other / Beginners & Help / Re: Paper Wallets on: February 11, 2016, 09:15:33 PM
Paper wallets are highly secure. This can be used to retain your account when you have lost everything due to some file corruption. The process behind the paper wallet system also very simple.
11280  Other / Off-topic / Re: Earning a living with bitcoin? on: February 11, 2016, 09:09:24 PM
Earning a living with bitcoin is not a big deal. Its not possible to run a whole family, but with the earning one can fulfill one or two of the basic needs such as food, utility bills or Clothing.
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