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1461  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: July 13, 2017, 08:04:42 PM
Well why not reward yourself for a very good and life changing investment? However you need to make sure you are prepared to potentially miss out on more profits but that's your call.
This is the problem, you should only cash out if you need it or if you think the price is not going to go up any longer, by buying a house or anything then you are sacrificing potential profits, what if the price of bitcoin doubles in the next year? You could have bought two houses instead of one.
1462  Bitcoin / Bitcoin Discussion / Re: Buy more bitcoin or wait for August 1st? on: July 13, 2017, 07:59:34 PM
If i was you i would wait for August 1st to buy because if the price get low you can buy more bitcoin and then wait for another pump to increase your gain!!
Read the thread posted by theymos, it is preferable that you do not send any transaction 12 hours before August 1, so if you are betting that the price is going to increase after segwit gets activated then you need to buy before that date on that date or hours before it.
1463  Bitcoin / Bitcoin Discussion / Re: What do you think are the biggest disadvantages of Bitcoin? on: July 13, 2017, 07:54:33 PM
No, there are no disadvantages with the Bitcoin. Somebody feels like that the code will be hacked by hackers, then our bitcoins will be stolen, like that. No worries at all, bitcoin is complete secure system.

"Explain the fact that you have to pay more than one dollar for a one dollar transaction."
"Explain the fact that everyone's uncertain about what's going to happen to bitcoin after August 1."
"Explain how mining bitcoin is only profitable to people that are already rich in real life."
"Explain how we have to wait days before out transaction gets confirmed despite putting enough transaction fee."

That's just the very limited questions that you will have if ever you make a thread out there saying that bitcoin has no disadvantage. Everything has a flaw and bitcoin is not an exception.
Bitcoin has some problems there is no way to deny that, but the first point is not a problem but a characteristic of bitcoin, the fee charged for a transaction has nothing to do with the amount of money that you are sending but with the size of the transaction itself.
1464  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Upcoming ICO Speculation on: July 13, 2017, 02:58:02 AM
Dent ICO will start on 12th july (from 12th to 26th july), they aim to create a marketplace for mobile data. If they will accomplish their goal it will be pretty big, because mobile data market is truly huge (and it can only grow in the future)
Don’t get me wrong, but when you are promoting a coin in your signature and in a thread such as this the only coin that you recommend is the one in your signature then that looks bad, it does not sound like sincere excitement over a coin but just as way to promote that coin.
1465  Economy / Economics / Re: Are cryptocurrencies better than regular currency on: July 13, 2017, 02:54:11 AM
Most of the cyrpto currencies are just created for speculative purposes and doesn’t really have any other use. There are only a handful that can be of help to us and I hope those stay in circulation and gets adopted by a wider userbase, and if they can go hand in hand with our regular currency, then all the better. People will continue to use something for as long as they benefit from it and if both the digital and government-backed currencies are able to provide them such benefits, I can’t see any reason for them not to co-exist.
Those that think bitcoin or other crypto currencies can replace traditional currencies emitted by central banks are being too positive, those currencies are never going to disappear, but it will come the time where we will be able to use crypto currencies as a parallel system to the one there is right now.
1466  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Ethereum a threat to BTC??? on: July 13, 2017, 02:47:44 AM
Apples and oranges. BTC is the only currency of these 2, ETH is a fascinating POC of distributed computer tailored for hosting tokens and operations with them. I believe we will see ETH/BTC go way higher for a while...
Yeah, many don’t like Ethereum for a lot of reasons, but I think they make a nice combination, bitcoin is the currency and the crypto with the most acceptance among the population and business and ETH is great for investing in new projects like ICOs and crowdsales.
1467  Bitcoin / Bitcoin Discussion / Re: Bitcoin after 1st august = Unstoppable? on: July 12, 2017, 05:40:25 PM
Is it safe to say that? assuming that everything will go as planned, UASF will get activated and everyone will switch to it and support it. (both services and individuals with more nodes etc.)
If everything goes as planned? Yes but that is a huge if, I do not know if the miners are going to continue with their plan to fork bitcoin, if they do then things will get really complicated for a long time, maybe the two bitcoin will keep on existing and this will only create confusion among the people that are not very informed about crypto news.
1468  Economy / Trading Discussion / Re: Is 1000 btc Possible on: July 12, 2017, 05:37:29 PM
1000 btc is possible with these requirements  Cool

50% Big Capital (maybe at least 300-500 btc)
30% Skills
20% Amazing Luck  Grin Grin

And i think if you can invest your money on the right ICO, you can increase your chance

Goodluck Bro  Grin Grin
Yah it is possible if you will invest a big capital of money. 500 btc is enough to have a profit of 1000 btc but I think it is gonna be hard to have profit of 1000 btc. I think it is possible .
Believing it that you can do is the half of the success. The ones who are determined make the other half true too.
Although 1000 bitcoins is really a big deal as it takes a long time to get to the target but, at least it is a positive approach. Take your time. Be patient. One day you will definitely make it to the thousands for sure.
That is the first step then the most obvious one is to ask ourselves how are going to do it, and I think for the most part the only way to do that, is to invest in an altcoin in the early stages and hope that it goes up and that the developers of the coin create a product that works.
1469  Economy / Speculation / Re: Will we ever see bitcoin lower than 1000$? on: July 12, 2017, 05:35:28 PM
Expect to see BTC at 800-1200$ in a couple of weeks. Will stay there for a longer time.
Unlike most alts, bitcoin did not lose a lot of ground with the recent crash it was almost exclusively the altcoin market that crashed, and that is with the menace of a hard fork for bitcoin if that does not tell you the overall confidence in bitcoin I do not know what will.
1470  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: July 12, 2017, 05:32:55 PM
The benefits of holding long term should be obvious to anyone, just look at what happen in this year, if you held bitcoin for a year your investment went up many times over, if you hold for a decade the chances your investment multiplies over many times again is very high, this is not rocket science.

Well hopefully it continues to do so. I'm also a believer of holding btc for a longer period and the possibilities it has for making real good money. But i'm also being cautious about it since after btc shot up real high, even hackers would have high interest in it. Right niwni'm also looking at other alts with the possibility of repeating what btc did a couple of years back.
As long as bitcoin does not fork, and I hope it does not then the only thing that bitcoin can do is to go up in the long term, there is new found interest in countries like Japan and the fact the block reward halves are things that make me think the price of bitcoin will keep on increasing.
1471  Economy / Economics / Re: Who supplies us bitcoin? on: July 12, 2017, 05:30:39 PM
Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!
mining is the way you can earn bitcoin from the supply itself. And bitcoin total volume is 22million and these days the number that is circulating the market is only 20million+ so there's 2million bitcoin that still available to mine that is how bitcoins are supply. the mining is the supplier.
According to conmarketcap.com the circulating supply is about 16.5 millions and the cap is of 21 million bitcoin so there are still about 4.5 million bitcoin that are still going to be mined in the future but as the block rewards halves then the new amount of bitcoin per year is going to go down dramatically in the next years.
1472  Economy / Trading Discussion / Re: Where to learn how to trade on: July 11, 2017, 10:54:59 PM
before trading,every person should be take responsibility . they are can be watching tuturial video for trading and should be takes some tips from who are success in trade. that is the primary tips,when you involved in trade then day by day your experience tell you what can you do.

While watching introductory videos about trading is better than nothing the truth is that is not going top help you much when it come to make money with your trades, trading is almost like an art and even if many try the truth is that only a few will be able to become successful traders.
1473  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: July 11, 2017, 10:52:15 PM
In fact trading is the best source of earning bitcoins, i myself experienced other sources also but in trading the profit is better than all other sources.
Many talk about trading but how are you doing in this crash that is happening at the moment, the market cap is barely above 80 billion and Ethereum has lost a lot of ground so much that ETH is below 200 for each coin, is in moments like this where fortunes can be lost.
1474  Bitcoin / Bitcoin Discussion / Re: how many country recently accept btc? on: July 11, 2017, 10:45:02 PM
how many country of the world now accept btc?  Huh Huh
Not many, but the real question is, do we need it? What I mean is, bitcoin is already used all over the world, as long as there is not a ban on bitcoin then we can do whatever we want with our bitcoin and buy and sell products and services with it.
1475  Economy / Marketplace / Re: Where to invest my Bitcoins? on: July 11, 2017, 04:33:21 AM
Hi,

Hope I posted in the right board and totally new to this investing bitcoins.

I got under 0.1 bitcoin lending on poloniex but rates are too low for a good return.

Where is the best place to Invest bitcoins with the best returns and lowest risk?

Thanks,
The reality behind the investment is that , with the increasing in the profit %  the risk of investment will also increase more .
Here this is the truth that poloniex is giving us the small interest rate ( depending upon the demand ) , but still with this small amount of profit we have the surity , safety and trust with them and also a gaurranty of no loss of your money ( in form.of btc ) .
But still if you are not satisfied with the interest rate then I will recommend you to invest your Bitcoin in the investment box of yobit exchange .
Probably you will like to invest your money at 0.2% rate daily for the Bitcoins and also you can buy another coins and investment them for big big bulk profit return  ( be careful the value of the coins may go down but the % of.return of your investment will remain same for particular time ) .
But that is normal, if you want low interest rates then probably you should stay out of crypto, bitcoin alone grew many times over the last year, altcoins grew exponentially and now we are in the middle of a crash so this environment is not for investors that are looking for something safe.
1476  Bitcoin / Bitcoin Discussion / Re: Securing your wallet on: July 11, 2017, 04:31:15 AM
yes, securing wallet is very important. I have three bitcoin wallets, all my wallets are secure and safe.
Multiplying your wallet will also minimize the risk, it would be better also if every password of the wallet is different and also given authentication for every wallet. Then your wallet will be very safe and will not be crushed by anyone. I also did that and I have never been hacked
Having multiple wallets can up the risk as well, if you download several wallets you risk clicking in a phishing link and that way you could install a wallet with malware and be robed of your bitcoin so like you see having multiple wallets is not a guarantee.
1477  Bitcoin / Bitcoin Discussion / Re: What do you think are the biggest disadvantages of Bitcoin? on: July 11, 2017, 04:28:00 AM
I don't find anything that prevent major mainstream adoption which is happening day by day, the biggest original difficulty is the price of bitcoin but it doesn't matter since it can be broken to as many small pieces as necessary.
Even the confirmations isn't an issue IMO, Few minutes are within acceptable waiting time.
A few minutes is a lot if you are buying something in a vending machine, or when you are buying groceries at the store, bitcoin right now works very well for payments over the Internet where you have a few hours to get a confirmation, but it is not ready for the real world.

Yeah also when you happen to go to some fast food chain and you ordered a meal and it just took so long before you can eat just because of long waiting of transaction. Like wth! Better to use cash instead of bitcoin. Maybe this is one of the hindrances that prevent bitcoin to widely be accepted.
To be honest that does not bother me that much, it would be nice to be able to do so, but at the end I care more about the protections that bitcoin gives, like the fact that no one can take our money from us without our consent, or the fact that you can move huge sums of money and no one can know, unlike other payment methods, like cash, gold jewelry or even traveler checks.
1478  Bitcoin / Bitcoin Discussion / Re: if you build it they will come? on: July 11, 2017, 04:25:17 AM
with less than 5mln BTC left to mine, on the 8th year, with news worldwide - why the price is only 2500$ and not much higher? where are all the billions of people? where are all the FIAT's trillions?
People most of the time are sheep's they are not going to take the steps necessary to their well being unless they are told so and as long as they can keep getting money through their jobs and can use their smart phones then everything is fine, but when an economic crises strikes, and it will, then they will adopt bitcoin.
1479  Bitcoin / Bitcoin Discussion / Re: Buy more bitcoin or wait for August 1st? on: July 11, 2017, 04:19:46 AM
Just buy more Bitcoin. Nothing will happen on August 1st and if you believe it is then go all in with what all the Bitcoin you have gambling and cash out into fiat. I wouldn't though. If people really believed it was the end they would he taking massive chances.
It's just another one if those small storms Bitcoin must face. It's faced many and survived and will face many more and still survive.
I do not know if the storm is going to be as small as you make it out to be, right now the market of crypto is crashing hard it has lost 15 to 20 billions and we are still far way from that date so it may be possible this crash makes  people even more worried about the future of bitcoin.
1480  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: July 09, 2017, 06:06:02 PM
When interest rates are this low, you would be stupid not to have a mortgage, imo..
That is what some think, but what are you going to do when that changes? By buying a house you are setting yourself to pay for it for decades, are you sure the same conditions we have now are going to remain for the next decade? Because I’m not, Avoid debt like the plague, getting into debt for so long seems a terrible idea to me, pay the house with cash if you can.
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