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15661  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: June 21, 2017, 08:07:45 AM
Ofcourse, the price of bitcoin matters. Transactions ade using bitcoin depends on its price. If the value is low, you will not want to use bitcoin for payment. On the other hand, we all know that we decide whether we buy or sell bitcoin by basing on its price.

We are all attracted to the price of bitcoin. And if the price of bitcoin gets higher it also attracts a lot of new comers. And that's why price of bitcoin does really matters. And the reason why we don't want to use bitcoin when the price is low is because we will regret for using it. Most of the time we only want to spend when the price is high.
15662  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: June 21, 2017, 07:33:19 AM
Holding bitcoin for a long time is a good way to make money if bitcoin prices go up in the long run. So far it works if you hold bitcoin for more than three years. Bitcoin's tech predictors for the long term will continue to uptrend

Holding is the best investment and I won't hold if there's no single person says that holding is not good. That's why holding your bitcoins for years or months will give you profit and beneficial. But your bitcoins will not grow exponentially but the value of it because there are some that are misleading because of other's explanation.
No doubt but holding bitcoin alone is very risky, you got to be able diversify your investment, if you are willing to put majority of your portfolio in bitcoin. What I did is I also bought some altcoins than can be traded with bitcoin and I been doing it for years and result is good for me, however I cannot say I am already successful because I am still holding it now, maybe if I will be able to sell it and take profit, that's the time to conclude I am.

It's risky in a way that while you are holding bitcoins. The chance of pumping and dumping is there. And for example that when you bought at $2,900 then the price suddenly fall at $2,200. That's the risk but if you have the faith and has the belief base on what you can see and read, holding is the best thing to do with your btc.
15663  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: June 21, 2017, 07:00:18 AM
For all my bitcoin is for the future. Fun for what? I have normal currencies for fun.

It's better to have fun after the long wait. Once you save your bitcoins for a long time. The long wait will be worth as you only need to monitor the price of bitcoin or not. Just look on the possible things that you may experience once you reached to the right amount of bitcoin before selling.
15664  Economy / Marketplace / Re: How can we encourage local businesses to accept BTC? on: June 21, 2017, 06:04:48 AM
This would be very risky since it is not that easy to understand, using bitcoin is not just about making your own account and start visiting forums. To encourage local businesses to accept BTC you should give them broad explaination. discuss to them the pros and cons of using BTC. You should guarantee to them that their money wont get in to waste
I don't find it very risky because you will only explain plainly what bitcoin is to them. It's like a process, from easiest or familiar things into deeper ones. I advice to you that you shouldn't guarantee to them that their money will be wasted because of the movement of bitcoin's price worst comes worst if they have a weak feeling.
15665  Economy / Investor-based games / Re: Invest 2 btc on: June 21, 2017, 12:30:57 AM
The best choice for now is ETH. Invest all of your BTC in ETH, it'll not make you disappointed Wink

It's one of the best choice to invest to ETH but with the OP's offer of investment, better not to message him and just ignore his offer. And why this thread is still open, it's very clear that it's just a scam attempt. So for those people that wants to earn fast without knowing the real deal, better cut your greediness.
15666  Economy / Trading Discussion / Re: btc crossing 3,000 $ today ? on: June 21, 2017, 12:13:20 AM
If this increase will be going up, we'll surely see the price of bitcoin at $3,000. When I slept the price was still at $2,525 and upon waking up there's already a $200 increase on the price. So it did surpassed the $2,600 quickly and this is possible to happen that it will also surpass $2,800 very quick and will reach $3k.
Indeed, I believe that bitcoins ptice will reach the amount of 3000 usd per bitcoin but not today...maybe the end of the year or next month. It is tough to predict on what is the price will be. Besides trading is unpredictable thus we don't know on what will happen.

It will but yeah not today. But it's more plausible to happen on August 1. And we can possibly see more increase in the future, I'm also been looking forward for the chance of bitcoin's price to increase after the halving but it is still few more years before it happen. So we just need to focus on the current things and events today.
15667  Economy / Trading Discussion / Re: btc crossing 3,000 $ today ? on: June 20, 2017, 11:47:27 PM
If this increase will be going up, we'll surely see the price of bitcoin at $3,000. When I slept the price was still at $2,525 and upon waking up there's already a $200 increase on the price. So it did surpassed the $2,600 quickly and this is possible to happen that it will also surpass $2,800 very quick and will reach $3k.
15668  Economy / Marketplace / Re: How to make 1 bitcoin in a month or 2? on: June 20, 2017, 11:32:52 PM
It will always be relative to your capital for investments, earn from free way its almost impossible, soo you need to try gamble or trading, considering you not have any coding skill. Build your own project can let you earn those as well, but it needs to be better or equal the others ones.

But without capital for investing that will be hard for anyone. But if you have coding skills or anything that is related to technology, marketing and any demanding skills. The companies will be amazed if you have broad knowledge and that is what you need to invest on knowledge. That will be your capital to earn good.
15669  Alternate cryptocurrencies / Altcoin Discussion / Re: Vote for your Favourite Coin on: June 20, 2017, 11:13:43 PM
Choose your favourite Coin and comment here and describe why you like this.

So only one coin to give? Well if that is the rule, then there's no other coin and my favorite is.
1: Bitcoin - BTC

No any other reason why I chose bitcoin, it's clear that this has the biggest value and I keep on holding it. And with the upcoming months I'm pretty sure the price is going to increase.
15670  Economy / Marketplace / Re: Cloud mining/Investing or trading on localbitcoins? on: June 20, 2017, 11:04:55 PM
In my opinion, I think trading is the best, you can earn very quick, but before you start, you should read some article on the internet to now how to analyze trading market and making right decision

Cloud mining are just ponzi and in short a big scam. Trading is more legit than ever and everyone here do trading. And it's not just with alt coin to bitcoin trading. Because when we sell bitcoin to fiat, we already do trading. Also there's a lot of people giving their insights with the possible outcome of the next market so trading is better.
15671  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: June 20, 2017, 10:46:02 PM
I save bitcoin for having fun like travailing & others funny thing.I also spend bitcoin for buy my makeupkits.I have no plan about to spend bitcoin for future purpose.  Cool

Well if you don't have any plans to hold bitcoin for your future needs then for sure you will be having hard time to give yourself assurance that you can live a well life when you grow older. What I do now is just forgetting about those things that will make me spend for nonsense things because I save for future.

I positioned bitcoin for needs of the main income companion, this is not sounded for fun because I think economic assets are very important for the benefit of today's happiness and the future. Bitcoin has great potential and I don't want to spend it in such a short time. Better tolerance to spend fiat than with bitcoin.

My main income doesn't come from bitcoin but I'm earning good amount with bitcoin. And yes, this is not just something for fun because the potential that you can have a decent life in the future is there. So there's no need for you to work hard 8 hours plus overtime with your daily job. When I've saved enough I'm going to resign to my daily job.
15672  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: June 20, 2017, 10:33:49 PM
Holding bitcoin for a long time is a good way to make money if bitcoin prices go up in the long run. So far it works if you hold bitcoin for more than three years. Bitcoin's tech predictors for the long term will continue to uptrend

Holding is the best investment and I won't hold if there's no single person says that holding is not good. That's why holding your bitcoins for years or months will give you profit and beneficial. But your bitcoins will not grow exponentially but the value of it because there are some that are misleading because of other's explanation.
15673  Economy / Speculation / Re: Will we ever see bitcoin lower than 1000$? on: June 20, 2017, 10:21:06 PM
I don't think that we will ever see Bitcoin lower than 1000$ as Bitcoin is becoming popular everyday which is helping it to become more and more stable. Moreover many people have invested in Bitcoin so it's price will not fall to 1000$.

Bitcoin's price is increasing and I don't think we will really see the price lower than $1,000 again. The price get's stronger day by day and as we are coming near to August 1. As many miners showed their support on the upcoming event on that day. The chance of bitcoin's price to increase is really high.
15674  Economy / Speculation / Re: Bitcoin $3000 on: June 20, 2017, 10:10:48 PM
The price of bitcoin as of kow is $2800 and maybe this week or next month the price of bitcoin will hit $3000 and thats good to us because if the bitcoin price hit that we can make a lot of profit. I hope it sill happen as soon as possible. More investor to come us so the price will continue to increase. Hold your bitcoin dont sell it buy more.

The price went up at $2,730 now. There's almost $270 more to come so that we'll reach at $3,000. And if the price did go up to $2,800 tomorrow or for the next day. Then we will see the price of bitcoin at $3,000 and that's very possible to happen for the next week to come. It's why I keep on holding bitcoins.
15675  Economy / Trading Discussion / Re: Do you daily withdraw coin balances from the exchange(s)? on: June 20, 2017, 10:01:32 PM
When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.
No, I'm not withdrawing all of my balance from exchanges. What I do is that I'm just letting it stay on my wallet and just do nothing. I'm giving a timeframe for somehow like 1 week before putting it to my cold storage. It's hassle and very expensive to do daily transfer because of the fees.
Most of the exchange platforms were quite good and trustable. For the same I used to hold limited funds into exchange websites for all my trading requirements. Only the long term holdable funds were placed into the cold storage and necessary amount for regular transactions on the web wallets.

Yes, in fact that I'm using a web wallet and I've got some bitcoins there staying. I really don't want to withdraw daily but there are times that I need to cash out and sell my bitcoins. And if there's really no choice I'm doing bulk transactions if there's a need for it. Even that is going to cost me a lot of fee, I really don't mind if it's a rush.
15676  Economy / Trading Discussion / Re: Do you daily withdraw coin balances from the exchange(s)? on: June 20, 2017, 07:28:31 AM
When you do day to day trading, do you withdraw your coin balances from the exchange(s) at the end of the day? Since sending it back and forth, to e.g. a Nano S Ledger, everyday will also involve transaction costs and extra effort.
No, I'm not withdrawing all of my balance from exchanges. What I do is that I'm just letting it stay on my wallet and just do nothing. I'm giving a timeframe for somehow like 1 week before putting it to my cold storage. It's hassle and very expensive to do daily transfer because of the fees.
15677  Economy / Speculation / Re: Sell or wait? on: June 20, 2017, 07:16:08 AM
I just wait the right time before I sell it, because I looking forward that in the future value of bitcoin were continues raising up. However, I was not sure how long bitcoin price remain in to high amount.

Being patient will give you the best profit that you can. It's why I regret when I was able to sell below than $1k because I listened to those people that made me panic when I was able to see the price of bitcoin becoming low. But I was wrong with it, so I learned on it that's why I will wait for the right and higher price.
15678  Economy / Marketplace / Re: Do you have an idea to invest your bitcoin in offline business? on: June 20, 2017, 05:20:07 AM
Bitcoin is not an ordinary currency to use it investing anywhere, you should never invest your coins no matter what because when just holding them could bring you such a profit why would you invest them?

Yes it is not like other currencies. And this is the best thing in bitcoin because by just letting your btc's stay at your wallet it will give you a good income. But we don't have the same way of thinking, I want to invest not just with bitcoin but also with real property. Maybe as long as you will invest those bitcoins into another investment, it would be fine.
15679  Economy / Economics / Re: Are cryptocurrencies better than regular currency on: June 20, 2017, 05:10:38 AM
Honestly I believe bitcoin is better since one you don't use your credit card so you don't loose you needed cash but instead your cash that you could easily earn back from mining. Plus, it's open to all ages unlike credit cards.
Cryptocurrencies are good because we can avoid those fees that are sucking our pockets when we are going to pay any banking service. And there's no need for us to submit requirements and information just for us to get confirmed with the transaction that we want to do by shopping online.
15680  Economy / Trading Discussion / Re: How to know about next pump? on: June 20, 2017, 04:53:25 AM
Always see the news. in all altcoins.
Every good news is affected with every coins once there's a good news many investor will join
and always see the volume of coins

One factor for the price pump is the good news that are coming out. And those big companies and people who are creating good news does really give a big movement to the price. Look on how did bitmain made the price of bitcoin after announcing that they will create their own alt coin but still it was able to recover.
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