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121  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: February 23, 2016, 10:15:21 PM
There will always be a need for some kind of fiat. So no, it won't happen.

Maybe there will be no fiat in the future. All the fiat will be in digital form. The Chinese government is going to issue a digital currency.

I havent tried to imagine it on how it will be if it is all digital in one country. Now I got something to think of. And later I will have coffee and try to imagine how it will be. And what will be the risks.

I don't think that its ever gonna happen, that dollar will simply disappear in future and any crypto replacing it is simply not possible, dollar will never die, as it is considered as a most powerful currency.
122  Economy / Economics / Re: Sell Everything? on: February 23, 2016, 10:13:27 PM
You should sell everything. What bad cam come out of it? Worst case scenario it'll be experience.

You should not sell anything these days, because you will lose profit in the most cases these days, if you would wait for the halving it would be much better for your bitcoins.
I think you just need to be patient so you can later make money from the halving that is coming this year.

so at least we should have the patience to high price increases.
do not have to sell everything. save some of it better. because the price will definitely go up, so you are ready to sell most when prices rise.

That's the only thing you need if you want to make profit these days with the bitcoin, just hold them for a long time and sell them later so you will have a lot of profit.
I think if the people have the patient they will get rewarded for it because of the halving that is coming.
It is not good to sell now at this moment. The value now is quite low so that is not so good if that is going to sell now.
If you wait a little longer than the value will rise soon for a long time and than you can sell it with profit.

Yes, and I think this is the right time to buy and not to sell, and if you sell all your bitcoins at a moment, then that would be a worst decision of life for sure.
123  Economy / Economics / Re: Should I believe in Bitcoin ? on: February 23, 2016, 10:12:17 PM
just buy with what you can afford. the best is to just use 50% of your investment balance, and the rest for when the price is going down. bitcoin has a bright future, if you believe in its potential, then you will realize that the current price is a joke compared to the long term price.

use 50% of your money to buy bitcoin maybe good way, and especially this year, bitcoin price rises so far. probably you will not lose money, but keep careful

Yeah, atleast we should believe in bitcoin until the haling occurs, as it will give us a clear picture that what actual would be the price of bitcoin in future, and we expect that halving will bring good news for us.
124  Economy / Economics / Re: Why do people keep saying BTC is dead?! on: February 23, 2016, 10:10:45 PM
maybe they've hurt because bitcoin, or lost in gambling bitcoin or can also invest with big amouth and lose all lol Grin
bitcoin will live forever! Cool Cool

Yup many haters around us in bitcointalk. But bitcoin have a strong and healthy life in future as well. Because price of the bitcoin and many adaption are there in bitcoin.  So due to supply and demand in future bitcoin will rule the world.

I don't think they are haters. I think it's a strategy to undermine bitcoin in the short term so they can make a lot of money because of it.

Yeah, they are just spreading negative news related to bitcoins, so that they can speculate the price of bitcoins and make a good profit out of it, as many would be selling their coins by listening to the negative news.
125  Economy / Economics / Re: Investing Bitcoins? on: February 23, 2016, 10:08:54 PM
its pretty good to invest in something with the bitcoin, but you have to keep in mind to really think about the people you invest in because of the scammers that are around here.
So please look out for some people, its risky to do and if you do check if its really worth it and if you can make profit with it.
It is ofcourse. But maybe it is now to later to invest in Bitcoins, because the value is now going to rise and that is good.
If you had invest last week than you can earn some much profit later in the future. So it will be very good.
Yes it is. But maybe you can also invest now. You never know. If you invest also now than you can have also have some profit.
There is indeed a risk that you can also lose some money and that will be not good for you. But that is the risk that you should take.
It is good now around this time to make some investments. The value now is quite low so that is very good.
We all hope that the price will rise so we can make some good profit later in the future. But you never know what can happen with Bitcoin later. It is hard to predict.

Yeah, its difficult to predict the price of bitcoin in future, and as you said that the price  is low at a moment, so we can afford to take risk and invest some money in bitcoins.
126  Economy / Economics / Re: Where did you first heard about Bitcoins? on: February 23, 2016, 10:07:36 PM
I heard it in news I guess for the first time, but I ignored it but then my friend came up with bitcoins and actually taught me everything related to it, which attracted me towards it.
127  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: February 23, 2016, 10:05:59 PM
A lot of people consider bitcoin as an investment, so the price of bitcoin really matter. Some also buy low, then sell high, so the price is a big deal

Yeah and I believe that the price ups and downs attracts many people who believes in making quick money, as bitcoin allows them to do so in  short period of time, so price really matters.
128  Economy / Economics / Re: How too get rich on: February 23, 2016, 10:04:31 PM
if you want to be rich you have to take risks, because behind that risk is usually a success and a failure. if you fail you have to learn from these failures to be successful Smiley

Everytime risk will not take care of, sometimes you need to come up with a good strategy and should research on various investments and invest in the best possible option.
129  Economy / Economics / Re: Will Bitcoin always be dependent on fiat? Is it? on: February 23, 2016, 10:03:13 PM
I think that fiat currencies will always be around.  There is a place for both crypto currencies and fiat in the future.

That's true, unless everything thing doesn't get digital, people would continue to use fiat, as the users of fiat are more as compared to bitcoins, bitcoin will be secondary option for people.
130  Economy / Economics / Re: I'm not gonna sell any coin. on: February 23, 2016, 10:01:53 PM
You should not sell any coins these days, the bitcoin is getting back up and it will from now only be raising most of the times plus the halving is also coming.

I think its good to just not sell them but to invest now, if you invest now you will make profit for sure this year.

Yes, the best decision is to hold at a moment and not to sell a single penny out of it, price is stable at a moment but would go much higher after the halving.
131  Economy / Economics / Re: Why do you buy Bitcoins? on: February 23, 2016, 10:00:25 PM
I buy bitcoins for the profit you can make with it, I'm now buying even extra bitcoins because this will be a good year and the price will jump for sure.
If you buy bitcoins now you can make a lot of profit because of the halving that is coming this year.


Yeah, buying till halving is the right thing to do, as price is expected to pump, can make good profits at that time, so buy at a moment and hold it till halving.
132  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: February 23, 2016, 09:58:58 PM
If the price of bitcoin reaches to $10k then I would quit my job and get into bitcoins for a full time, as we want to earn good money, so if bitcoin is taking care of that then why not.
133  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: February 23, 2016, 09:57:48 PM
I think you will need a lot of bitcoin of bitcoins to do this its also that you never know what will happen to the bitcoin so its not easy to predict.
The question is also if the bitcoin in that year still exist maybe there is another digital currency on top of the world.

Yeah, and its better that we take care of bitcoins in present, as thinking of next 20 years would be foolish thing to do, as the world is changing so fast, we can expect some other currency till then.
134  Economy / Speculation / Re: Oops Price is 425$ Now... on: February 23, 2016, 09:56:12 PM
I think this is the stable price of bitcoin around 415 to 430 until end of this month but i'm still believe of bitcoin it will rise again because the halving is starting and halving will end in july.. I will still collect more bitcoins so that after halving end the price will be double or triple so i can still make more profit after end of halving..

Same here, i keep collecting, actually i love having them so much that i'm afraid i'll never sell lol


Yeah, no body wants to sell their bitcoins at a moment, they want to hold it as we have a feeling that the price would reach $10k in future so we can sell at that price and make some good money.
135  Economy / Economics / Re: When do you buy Bitcoin ? on: February 23, 2016, 09:54:07 PM
1. When the price is low on the market
2. If the bitcoin has a good future ahead.
3. Buying bitcoins if there is something to predict on the market numbers.

I always want minimum risks so I look good into the market prices of the last half year and other numbers that count for the bitcoin, if these numbers are good I mostly buy them.
If you look at the numbers right now plus you keep in mind that the halving is coming you should buy your bitcoins for sure, right now.

That is very general principle. It is difficult to put into practice. We need the precise point to buy/sell.

It is really difficult to judge when to buy and when to sell, as we cannot be sure that what would be the perfect price either to buy or to sell, totally depends on luck.
136  Other / Off-topic / Re: Do you actively spend your bitcoins? on: February 23, 2016, 09:52:45 PM
Yes I spend a lot of bitcoins, I mostly gamble with my bitcoins but I also buying clothes with it.
Plus there are also some digital goods that are pretty nice to buy on the forum here, I think its good to sometimes spend your bitcoins but not all of them.

You're probably a rich guy spending most of your bitcoins with gambling Cheesy I am just wondering though where do you buy some clothes with your bitcoins? I haven't been in a site yet that offer such service, or is it a physical store near you that accept bitcoin as payments? There is once a clothing shop that accept bitcoins here, but unfortunately they stop accepting it , so it would be nice if I can find a good alternative to it Smiley

Yeah, even I haven't found a website especially for clothing that accepts bitcoins as a mode of payment, So I generally use my bitcoins to convert it to fiat and then use fiat for shopping.
137  Economy / Economics / Re: Bitcoin or gold? on: February 23, 2016, 09:50:49 PM
Gold was pumped something around 20% in last two months. I don't think that it is loosing her shine...

Yeah, gold will never loose its shine and that is true, as gold is an mature player since long years, and it will continue in future too, gold is always better then bitcoin.
138  Economy / Economics / Re: Is it better to save money or invest it? on: February 23, 2016, 09:49:07 PM
Indeed, the best way is to make your homework thoroughly and you'll be 99% fine.

Yeah, that's true, different individual have different way of thinking, some find saving is a better option, and the person who holds good capital at initial stage would prefer to go with investments.
139  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: February 23, 2016, 09:47:30 PM
There are few things that you will be more proud of than a house that you've bought yourself.

What are those things? I think the house and a car is a dream of every ordinary person to hold until he gets retired from the job, and buying a house is the best thing.
140  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin on: February 15, 2016, 10:00:14 PM
The Bitcoin Classic was just launched. If most miners and payment processors accepts, the Bitcoin price will rise. The Bitcoin price just  rose from $370 to $400.

Yes, the price is climbing at a moment and that is the good news for the bitcoiners, as when price dropped down we all were disappointed, but the price would rise in future too.

This is a good news indeed and I think It will still goes up until the halving occur So buy or gain more and more bitcoin before this occur! I am quite frantic right now because I don't know what would I do to earn more and much more bitcoin,

Earning bitcoins is always a good thing to do, but if your earnings are not enough at a moment, then you should simply buy some bitcoins if you can afford to, as buying at present price would be profitable in future.
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