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1461  Economy / Speculation / Re: Do u agree that Bitcoin will go to 500,000$ in 2020 by john Macafee claim ? on: August 23, 2017, 10:21:05 PM
Wow no, i dont think it can get that price in only two years, that is impossible.
Bitcoin has been quadruplicated in less than a year, so it has to be more than 1000x to get to that price.
There is not even enought volume to make it happen, so no, it can not.

Nope, it is only 125 times the current price of 4000, anyway getting to that price is impossible, that is not even a prediction that is a wild dream that is not going to happen.
1462  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: August 23, 2017, 10:16:30 PM
Coinbase CEO believes bitcoin will replace dollar within 15 years.

Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years

Do you think it will be true? Are you positive towards bitcoin's future status?
Two years have passed and bitcoin is nowhere close to that, we will wait the next 13 years to see if this do in fact happens but I have my doubts that we are going to come to that point that soon.
1463  Economy / Economics / Re: Bitcoin the new gold on: August 23, 2017, 02:59:34 AM
I've been analyzing all this happening with bitcoin and I'm coming to the following conclusion:

Before the most important asset was the gold in which everyone wanted and possessed, the governments were displacing gold with money a centralized asset which lost its value day by day.

Bitcoin is an asset that goes up in price for all the features that Satoshi thought and gave to it.

Today there are hundreds of altcoins and for sure there are some that are much better than bitcoin, and that these will be more used than bitcoin in the future, but bitcoin will be the king of all the new digital gold. People will use other altcoins as well, but the savings and investments will be in bitcoin, and this is for the simple reason that it was the first altcoin, and that people believed in it from its beginnings.

The bitcoin is here to stay and has created a revolution in the monetary system around the world. And we can be proud to be living the moment when this is happening.

Bitcoin is heading to $4,000 usd per coin and I am sure that the price of bitcoin in 3 years will be exponentially higher than is today.

In Bitcoin we trust, god bless you all

That is too soon, bitcoin is the gold of crypto but bitcoin is very far away from becoming the new gold, that is going to take a lot of time if it happens at all.
1464  Bitcoin / Bitcoin Discussion / Re: Why people are holding Bitcoin? on: August 23, 2017, 02:53:34 AM
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
You do not understand, you see a few weeks and then come to a conclusion without understanding why people hold, people hold for the long term, no one that can call itself a holder can do it by holding a few weeks in my mind the minimum amount of time to call yourself a holder is one year.
1465  Bitcoin / Bitcoin Discussion / Re: Is a 51% attack currently viable? on: August 23, 2017, 02:51:40 AM
At the present, does any one company have the capabilities to do it?
That kind of attack is always a possibility, right now no one can perform such an attack but as long as bitcoin exists the 51% attack is going to be a very dreadful possibility.
1466  Bitcoin / Bitcoin Discussion / Re: next bitcoin fork in Nov? on: August 21, 2017, 04:16:22 PM
Hi all,

I read somewhere that there will be another bitcoin fork in nov, is this true??

Where can I read more info on this? I googled but didn't find any news regarding this?

If it happens then it seems there will be another dip and I would buy then!!

Thankss
Look for the new york agreement you will find everything you need to know about the upcoming fork in November, I think that if the fork does happen it is not going to be good for any of us.
1467  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: August 21, 2017, 04:09:36 PM
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

I hope that you got your answer with the past weeks, we hold because the earnings we get by doing nothing are amazing there is no other investment that you can make that gives to you these profits with such ease.
1468  Economy / Speculation / Re: fluctuating btc price on: August 21, 2017, 04:03:11 PM
any announcements in the next days that might bring bitcoin price up/down significantly?
Activation of segwit 2x in August 1st is expected to make bitcoin price rise high.Segwit activation may reduce transaction fees and it may encourage more users to use bitcoins which would increase demand for more bitcoins.
Wow, although your predict in two month ago, but in present this predict become true like your said. But the problem about transaction fees and blockchain of Bitcoin still can't fixed, we need wait until November SegWit complete.
Segwit is already activated what we need to wait is for the lightning network to be deployed, the hard fork planned by the miners is not something that comes from segwit it comes from the miners.
1469  Economy / Gambling discussion / Re: Poker v Other casino games online on: August 21, 2017, 04:01:12 PM
We all know how much bitcoin users love dice but I think even poker websites ( bitcoin supporting sites ) also generate same or even more revenue than dice sites . Do you guys play only dice or only poker or both using bitcoins ?
Business owners are not dumb if poker left more money then there will be a lot more of those sites, the fact that dice sites are the predominant form of a bitcoin casino then that show to us that is where the money is.
1470  Economy / Gambling discussion / Re: Help!!! on: August 21, 2017, 04:00:24 PM
Is it possible to earn by playing game ? especially related to bitcoin
It is possible but to be honest you should not expect that to happen, most gamblers are going to lose all their money before they see any profit that is simply the way it is and it is not going to change.
1471  Other / Off-topic / Re: My Story about my life and Bitcoin (ends badly) on: August 21, 2017, 03:56:32 PM
I've never traded seriously because i know emotions will nail me.

There are crypto opportunities outside of trading. Check out the airdrops, sell some of your old crap and convert the proceeds, rank up and join a sig campaign.

Most people never cut it as a trader. That's because they're normal.
This, I will venture to say that 99% of the traders are long term losers only a few with a very specific skill set and with cold water running in their veins can become traders, to find other opportunities to earn cryptos seem the only way for the OP to have a future in bitcoin and altcoins.
1472  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will bitcoincash / BCC price be equal to bitcoin / BTC price? on: August 21, 2017, 04:19:08 AM
Hell no, that is never going to happen if traders want to keep playing with their fake bitcoin they can do it but they cannot force everyone else to recognize bitcoin cash as the real bitcoin.
1473  Economy / Speculation / Re: When will it fall? on: August 21, 2017, 04:04:38 AM
It's been on a high lately, and I would've guessed that it would've fell already, but it keeps climbing. When will it fall? When should we sell? Or should we hold through the next fall?
what comes up must come down.

You need to trust your own instincts and then after trying to guess which direction the market is going to take then you will be able to accumulate the right amount of experience to make those calls without anyone help.
1474  Economy / Speculation / Re: Do u agree that Bitcoin will go to 500,000$ in 2020 by john Macafee claim ? on: August 21, 2017, 04:03:09 AM
John macafee tweeted last month that bitcoin will hit 500,000$ in next 2 to 3 years whats your opinion about that? are u seeing this or not??
That is not going to happen it is simply too high of a price to be reached that easily almost all the economy will have to move through bitcoin for that to happen and the chances of that happening are zero.
1475  Other / Beginners & Help / Re: How much is the suggested amount of starting investment on bitcoins? on: August 20, 2017, 08:04:35 PM
How much is the suggested amount of starting investment on bitcoins? In United States Dollar currency please or Philippine Peso.

and also, is it better to invest in bitcoin rather than investing in stocks?
There is not a recommended amount since every person has their own circumstances there are those that can only afford 0.001BTC and there are people that can afford several BTC from the beginning.
1476  Economy / Web Wallets / Re: Best online Bitcoin wallet ? on: August 20, 2017, 08:02:43 PM
you can try www.coinbase.com best bitcoin wallet.
The problem with coinbase is that is an exchange and exchanges can freeze your account for whatever reasons ans since that is the reason many are using bitcoin, to escape the tyranny of a central figure then I do not think coinbase or any exchange is the wallet to leave your money for long periods of time.
1477  Other / Beginners & Help / Re: How do I start investing in cryptocurrency? on: August 20, 2017, 08:00:25 PM
You can definitely buy part of a bitcoin and not a whole coin. There is no benefit to buying a whole coin.

It is difficult to say if now is a good time to invest or not. We'll have to see what happens with Segwit, but long term it is probably still a good investment.
At the moment it is too expensive to buy bitcoin, the price has gone up very rapidly in this last week so I think it could be a good idea to wait since I think there are good chances the price goes down a little bit in the next days or weeks.
Totally agree. Wait a bit for the price to stabilize before you get in
Correct this is a classic newbie mistake they get excited about bitcoin and then they buy near the tip and from there the only thing bitcoin can do is to go down in price, this is why it is better to try to find the best point to enter the market and most of the time that is when the price is at its lowest.
1478  Economy / Economics / Re: Would bitcoin help teach kids about saving? on: August 20, 2017, 07:58:18 PM
So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?
When it comes to teaching kids it is better to keep things simple so if you need to try to explain them about  decentralization, the blockchain, inflation, market cap, and things with that they are going to get confused, it is better to use some bills and teach them about saving that way.
i think there is nothing wrong to teach to kids about bitcoin only for the sake of learning bitcoin currency we can use bitcoin online trading and investment and therefore i do not think that there is any reason to teach to kids about bitcoin too much. i think they should concentrate toward their study only.
This is not about being wrong, this is about simplicity, many adults have problems understanding bitcoin and even some members of this forum do not have a full understanding about bitcoin so it is better to keep things simple if you are going to teach kids about bitcoin.
1479  Economy / Economics / Re: Bitcoin has defeated gold on: August 19, 2017, 04:46:02 PM
Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
If you were to look at the market cap of both you will realize that gold has not been defeated in fact bitcoin is not even close to defeat gold, bitcoin will probably need a lot of time to even get a good portion of the market cap of gold.
1480  Economy / Speculation / Re: Bubble Top Mania, Sell Today!!! on: August 19, 2017, 04:44:06 PM
There is a nearly 100% chance that BTC will trade at lower prices sometime in the near future. If you add up the huge swings in both directions (i.e $500 only yesterday), then you can easily learn how to short-term trade part of your holdings for large profits. Be calm and make small trades for fast profits that add up..

Note for "real investors": Buying at least some BTC every time you get a paycheck, and "never" selling, is a valid idea as long as you have the guts to keep buying when prices are down 80% and the masses are panic selling every day.

Blind faith in HODL is a mindless sign of heard instinct, and the masses lose long-term in every form of market trading.
There are merits to trading but this post is completely mistaken especially the final part in blue, the instinct of the hear is to not hold, to buy whatever is popular and sell it when its losing price, buying when the price is very low is the right strategy, if the price crashed 80% of its value I will buy all the bitcoin I can.
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