Thank you so much man, it's a huge help. Are you sure you don't want me to repay you?
If you really like to give him at least a small reward for helping you even he's not asking for return then asking question like that is not appropriate at least in my way of receiving help from others that don't asking for return. It's an automatic response even that is not a big deal by the person who respond to you.
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Too much being an optimistic can wreck you.
$592.42
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You can do this but I think its sometimes also not worth it to do it with debit cards because some are charging very high fee's if you ask me.
Fyi, fees of bitcoin debit cards are different from the usual fiat debit cards so it's not your usual grandmother's debit card. For overview, you can check my signature and see also other fees provided by other bitcoin debit card company.
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The halving should not be the basis only in believing bitcoins, regardless of the results of halving, whether the price will increase or decrease we should still believe in bitcoins. Bitcoins is a good help to our life especially if we are unto business that we need to do regular online transaction, with this we were able to save due to its low cost and very safe transactions online, let's not focus more on the profit but more on the benefits it brought unto our lives.
And even without halving, we can expect a large rally of bitcoin price. It happens many times also the large rally of dip too as well. That's how active the price volatility of bitcoin and that is really present since it's inception.
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well first of all i wouldn't call 15 years soon, because that's pretty a lot of time, and second, i actually think that it will take more than 15 years, maybe 30 or even more to replace dollar
bitcoin is very popular now, that is true, not not popular enough to replace dollar,i think that if it will replace something, then small countries currency at first only, not large ones
Even for 100 years, bitcoin can't replace dollars. Sometimes a bitcoin believer must have a limitation of it's optimitism. They all looking for a "pre" and not for a "post" effect.
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In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless" Do you agree with this statement?
Your question itself makes no sense. If bitcoin is worth $10k USD, the fiat will never be worthless. Because, you are comparing bitcoin price with a fiat currency. How it can be worthless. If bitcoin is worth 10k USD, and if USD is worthless, then bitcoin also become worthless. Bitcoin can't replace fiat ever. And now your statement doesn't make much sense. When a fiat currency gets inflated into oblivion, and isn't worth the paper it was printed on anymore, this does not make Bitcoin worthless. This just means that Bitcoin will get measured and valued in something else.Simple is that! Well if that's the case, say goodbye for people's desire of a skyrocket price. Make sense.
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Im just holding my 0.05 bitcoin assuming it could reach the 0.06 price after the bitcoin halving, every one is saving their bitcoin in this coming bitcoin halving
Satisfy for a BTC0.01 profit for a duration of 1 month?
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For speculation? To buy on the dark web? To buy online on sites like purse.io? To send money? To do business? To have your money under your control? What is/are your purposes when yu buy bitcoin?
i don't buy bitcoin but i have a goal why i saving bitcoin i want to buy new smartphone without using my salary i just started free just claiming on faucet then start trading for about 1 year and now i have investment on some cloud mining sites that gives me profit every day and soon i know i can buy a smartphone from here i have buying smartphone, washing machine, building my computer (use arround 1,6btc) all using my income from bitcoin ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) but im still buying bitcoin when the price is cheap, because Im trader. Wow ,that was smart spending to buy bitcoins ,i do trading also and buying bitcoins but somehow i stop trading about one month ago because i have loose all my profit on some new altcoins . not only you ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) people will lost in trade just for learning, we will get more experience by lost in trading, we will get "real mental trader", increase our management profit etc. we must learn from failure to be succes. Big traders today still suffering a loss but still they are here really grabbing some big bucks. People will never be good in trading without associated by a loss. Experience builds us while on our journey of trading. But if you keep in losing even you are doing it for a long time now, then that is really a different story.
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i think gold is worse than bitcoin, bitcoin can rise to 100k easy, gold not anymore, bitcoin will not go to zero like many think, that's fud
You are only looking for a tree, not on the whole forest. In other words, learn to look outside the box or much better remove the box for you to see some quiet clearer view.
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of course that price of bitcoin matters for many things, first one is amount of altcoins traders, they will trade most expensive currency probably and most popular, so they will always trade bitcoin
and second is people, people trust expensive currency and not cheap ones so of course that if bitcoin will be expensive more people will use it, so i think that price really matters
That is a good point, maybe people trust and value a more expensive currency than a cheap one because it's more precious. But would you like to use such a strong currency for your daily live consumption, like ordering a drink? I always struggle to use bitcoin for daily purchases because I donīt want to pay $5 for a coffee and $6 for a coffee the next day. That is the reason why I don't treat bitcoin to be the main source of my general expenses and to support my livings. I care for the price because in the first place, I treat bitcoin as an investment. It's really different from any currencies since it has an active price volatility.
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I am talking about the price thing as we are in the Economics board and I have also a university degree in Economics, so as long as it can give me real money , its very much worth to me. Price is almost 600 USD now and in many third world countries, 1 bitcoin at current rate is equal to 3 or more months of work there, you bet it is worth and I am not speaking about its convenience of use in many scenarios, if I add that to the above talk, its even more worth it.
You are right, here in the Philippines 1 btc is already a good amount and for a normal factory worker that amount is already for 2 months. With over time 10 hrs a day , 6 days a week. So for me, bitcoin does really worth. You forgot, -SSS -Pag Ibig -Philhealth -Bonus -13th Month -Medical insurance -Paid leaves -Paid absents -Mandatory leaves ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Yes, trading is the best option, but trading need some skills and hard working, because most of the things are necessary in trading, like timing, information and awareness, so if you are not able than you don't do trading, so the result is not good for you. Investment is easy way, i think you should do in service section, most of the investment ways are here.
It can be done to a due process. All traders started from a scratch, meaning doing uneffective strategies, panic execution and really lose many times. With that failure, they improved their experience resulting for so much improvement when doing regular trades.
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I recommend you yobit and you can start their at any amount just try fast trade on yobit low profit but fast then if you have big balance then try long term trade but be careful on coin you going to buy read about that coin before you buy and get some opinion from other traders but i recommend the fast trade
Yobit is just for altcoin testing. Not recommended for doing a big bitcoin exchange but it depends on the people. And OP's wants really a @!#@!. He is asking for a strategy that will not make him lose in trades.
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I would not have to save for 5-10 years, but when I look at the high price it is an opportunity to sell, and when the price dropped I would buy as much as possible and wait for prices to rise again. it's better than just holding on too long
of course we have to keep it, is not much different from the savings that you used to save in a bank, and maybe if you keep bitcoin from this moment, the future price of bitcoin be high and popular, maybe if you do so you can become rich in at that time Why wait for "that" time if you want to make more bags. It will just took you for really a long long time. If you want to become rich don't hold just BTC1 in your cold storage. You need thousand of it literally.
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Date Close Change 2016-06-03 $570.47 6.01% 2016-06-02 $538.15 0.32% 2016-06-01 $536.42 0.87% 2016-05-31 $531.80 -0.15% 2016-05-30 $532.59 1.62% 2016-05-29 $524.08 -0.26% 2016-05-28 $525.43 10.98% 2016-05-27 $473.47 4.33%
It is rising continuously
It can't rise indefinitely. A pump before a dump? As usual since the beginning.
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It does feel good. I have never imagined online payment or money sending could this be fast, without those third party people.
I think the elimination of third party has make us more comfortable in transacting online, plus the fact that we can directly check the transaction at the blockchain where both transparent for the transacting parties. It is the best experience so far when transacting online, I have never use better than this application than bitcoins. The low cost transaction fee also add it's popularity why people should adopt using it. If you use web wallets then you are still using a third party in other form. Literally, the role of third party is to make the transaction faster and that is not only applicable in bitcoin.
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In the overall holding is good and for a long time it can be be better in my eyes because the bitcoin indeed has a future a head that is pretty good. We still should wait if everything will go like it has been planned and if it will gain more publicity, but if this is the fact the bitcoin is gonna be worth a lot on a long term.
Long term holding for really a long time will just give you a nice output if you holds really a lot of coins. Let's say you able to bought 1 bitcoin for the price of $250+ range last year and let's say the price today is around $550 and you decide to sold it. You just gained $300 in that long period of time. Not really worth it. That's why I don't see holding too much is profitable if you don't have big bucks to hold.
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From this week rise in bitcoin, now I think it became compulsory to buy some amount of bitcoin as now bitcoin gave a proof that yes we people will earn a good amount of bitcoin at the time of halving.
yes it is true but i think that bitcoin need a correction now. i think that bitcoin will take a correction therefore i think it is risky to invest in such situation. i think to wait a little and then buy after correction mean after stability; No need for such correction because that is normal since the beginning. Just take a ride everytime the price will experience a big rally or large dip. Taking this as a risk can't make you improved in bitcoin world.
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my believing in bitcoin is growing each day as i see the price going up.
but that is not the only reason, i also see more people getting in bitcoin which seems a lot better than anything else.
I keep hearing that more people are getting into Bitcoin but there is absolutely no way to see that for the average person, so would you mind sharing where you get that information from? I think that most people that keep saying this just say it because they see the price is going higher and higher. That's a self belief about more users are entering the scene of bitcoin world. If a person is engaged everyday in bitcoin world especially here in the community, they easily state that more and more people are entering the scene. Well of course no such thing to see the stats but for me even Im here in the community everyday, I don't see bitcoin getting large stats of users even at monthly basis.
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Investing bitcoins is like investing Gold. always profitable.
some analyzes say it like that. however, I think bitcoin investments more profitable. especially in the matter of time, bitcoin will quickly give us a profit. unlike gold which takes a long time. but, bitcoin is more risky because bitcoin digital currency is still not guaranteed existence by formal financial institutions. we still have to wait for that time. No "however" as a term because the statement is stating that both bitcoin and gold is always profitable and that is true like any other form of financial source. In terms of "more profitable" if you look at all sides, still I considered them as both more profitable. It's just that the volatility happens to the bitcoin price is really an active one to the point that possibility of the price can move at around $100 in just 24 hours realistically.
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