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1601  Economy / Economics / Re: Bitcoin worth to you or not... on: June 25, 2016, 10:07:29 PM

Yes you are right man. we should continue collecting bitcoin it will give us more profit and it is need for our future even you can earn small amount of bitcoin daily but if you are continue collecting this i think 1 - 2 years its really worth.

Patience is a virtue as they say,so lets be patient and persistent in collecting this satoshis Wink We must also be motivated and smart in earning this as there are tools we can use to accelerate or collecting potential. We can earn in trading,selling stuffs and services etc.
For now, we have to look what bitcoin has done to all of the people who patiently wait just to make profit or income in it. So it is safe to say that bitcoin is so much worthy than other investments. Patience is always a virtue to those who wants to get successful in life.
the possibility everyone has his own opinion on an investment, you can not say that bitcoin is more worth compared with other investments, but I agreed to do something we need to be patience especially in a business or investment it need enormous patience.


Every investment deserves certain time to grow, you cannot expect huge returns in quick time, and same goes with bitcoin too, if you want to earn huge profits then you need to hold it for at least next 10 to 15 years.

Im not 100% sure that you should hold it for that long but if you do i hope that btc grows up for you, im going to sell personally when btc hits either $500 again or $1000 because i do not want to take that much of a risk by holding it that long of a period of time.

Good luck in your long term investment.
1602  Economy / Economics / Re: Bitcoin or gold? on: June 25, 2016, 10:06:25 PM
Its better to buy bitcoins not gold. Gold price is increasing slowly but bitcoin increases so fast, its possible to get a large profit in bitcoins so i am recommending bitcoins
That is the thing compared to gold, I think the main reason why it’s price doesn’t increase that much is because of the scar resources that’s being gained. Unlike in bitcoins, every single second there’s an increase of demand as the growth of it is happening everyday.

the increase demand on bitcoin only work on the long term, and with the halving, without the halving this current hype would not be there i think, i hope this increase is not just pure hype and there is something else under it, that will make it a stable value

It wont make a stable value the price is surely going to increase due to knowing the stock market alone, if you know basic economics then you know how btc is going to go, supply goes down, demand goes up.

Hope this information really helps you guys and BTC over gold any day of the week.
1603  Economy / Speculation / Re: bitcoin continuous rising? on: June 25, 2016, 10:05:01 PM
I'd advise to hold right now,it's not a time for selling

If you want play safe, i think it's better to sell all your bitcoins now, same like i do. Because i think the price of bitcoin will have a huge down and i don't know is the bitcoin's price will incrrease again or not.

I do not think selling is good right now the price is maybe okay to sell but I would wait a bit longer to also make a lot more money at the end.
Its just that you can make good money with just holding right now.
No, the price is not okay to sell but it is better to buy more bitcoin, it is the time to buy bitcoins as the price came to a better value from where we can expect a better profit at the time of halving.

At least someone here knows their stuff, the halving is not a bad thing guys, btc is growing as a community but not many actually use use btc like nobody here that i know of can buy 1000BTC and sell it when the price goes up $100 to make a major profit, it's too much of a risk for them and the miners really dont make that much money out of this so you can really see why btc is getting halved yet again.
1604  Economy / Economics / Re: Is it better to save money or invest it? on: June 25, 2016, 10:02:08 PM
Cannot afford to trust online investments nowadays, as its really difficult to find trustworthy sites, if I have to invest then I will invest in trading sites, as those are trusted sites for bitcoin trading.

You can literally 'invest' in a trading sites, there isnt one site that allow you to 'invest' on them and Trading is not an investment, trading is more or less the same with gambling however in trading there isnt anything like house edge which makes this as a game of chance rather than game of luck .

I agree, in trading you have an option to reduce the so called "risk" by doing your "homework".  Having strategic planning and research can lessen the risk of losing in trades in a certain degree. But if you really want to lessen the risk of getting scammed, why not put up a local store yourself and accept bitcoin with it Cheesy  That way, you are certain that you can see all things happening infront of your eyes.

Indeed however the risk stays the same no matter what. Some people just put their money on bitcoinand leave it as it is, open it up once the price got into X amount of USD then sell it for some profit while others make living through short term trading, it is considered as one of the best investment currently

I have always felt that holding too long can never be profitable, you need to play with your coins in short term as price fluctuations will allow you to make regular profits.

Nah holding onto btc provides a lot of profit in the long run you just have to be smart and decide when btc is at a good price for you and do not be unrealistic so figure out what price you like and stick to it. Save your btc for a higher price instead of investing it and you'll be happier in the LONG run but short term i do like to invest here and there to make a quick buck.
1605  Other / Off-topic / Re: Do you actively spend your bitcoins? on: June 25, 2016, 10:00:43 PM
Never sell your coins at once, if  you do then you are playing with your profits, as if you hold some then you always have an opportunity to sell in future when price goes higher.

It might go the other way around Cheesy.  As you see Bitcoin is highly volatile.  It goes up and down in an instance.  Besides when circumstance dictates you to sell all your coin, even at a lost, you will sell them Cheesy  So I think spend your Bitcoin when you feel like it is time to spend them Cheesy @topic, i do spend my bitcoin paying bills and buying mobile loads.  It's cheaper that way Cheesy


I feel like you should spend your bitcoins when you want to because it wont make a difference in the end if it makes you happy  then you dont need profit. You just use btc as you please and a lot of people dont use btc for profit they use it for fun and games.
1606  Economy / Speculation / Re: Good idea to buy bitcoins now? on: June 25, 2016, 09:59:28 PM
I was wondering if it was a good idea to buy Bitcoins now considering that there are only 42 days left until Bitcoin block reward is halving.
what do you guys think? Smiley
Yes, it is perhaps the right time to buy, but if you'd do when the Bitcoin was around 500$, you would have had more profit.
But it's still interesting if you want to wait Halving, to see if the price will increase or decrease.
Bitcoin is highly volatile, investing huge amount in it is really very risky, it can work wonders or it can bite the dust.

Do not buy bitcoins right now wait until they drop a little bit i know the halving will take the price up but halving will only SLOWLY increase the price while if it doesnt go down then you can buy as it's SLOWLY increasing.

Get a job and provide btc for yourself before and after the halving process, you will be happy.
1607  Economy / Economics / Re: Bitcoin to be international currency on: June 25, 2016, 09:57:53 PM
If bitcoin to be international currency, what do you think?
You can use it every where and anywhere, without exchange it.
And how to use transaction with it, if bitcoin just crypto currency?
How many people like with this thread?

I think bitcoin has become an international currency, because bitcoin can be used anywhere. What do you mean without exchange? I think it was membuthkan exchanger usd if you go to some areas that do not receive usd. Bitcoin already crypto currency, you can find out here http://www.wikihow.com/Use-Bitcoin . Thank you

Yes, it is international currency but for only use only and also it is not yet the world or global currency, we will call it as global currency only when all of the businesses online and offline on large scale prefer to use bitcoin for them.

Some prefer to use btc online for their transactions just so they dont have to use their bank account directly but it still is kind of dangerous to just use btc because there is not much proof that you can provide in legal terms because you cannot prove that and you cannot LEGALLY get your btc in return for a product.

You will see though that btc will get much bigger in countries currencies.
1608  Economy / Economics / Re: The future of the paper money on: June 25, 2016, 09:56:36 PM
Paper money is most likely not going to last too long as we are going into a digital world, you will see a lot of usd still being used online though because bitcoin will never be the currency of the world since it is limited and cannot be printed more and more like the USD can, most people think that btc actually has a future being a countries/continent's currency which i think is hilarious.
1609  Economy / Economics / Re: When do you buy Bitcoin ? on: June 25, 2016, 09:55:23 PM
Just wondering when everyone buys bitcoin, weekly, monthly or just on the falls?  thinking of setting up something regular to ride out the waves.....  Grin
For now, I have never bought Bitcoins with real money, because I did not trust enough the Bitcoin.
I earn Bitcoins trading sometimes, with Bitcointalk signature campaign where I am registered, or by doing services on Bitcointalk.

If you don't trust bitcoin enough and why you are considering to earn with trading and signature campaign and even doing services out of it.
But I know you are going to realize it soon once you are getting good profit with trading, you are going to buy bitcoin.
And if you are going to buy always consider the price, always buy at low price.
if you want to buy a bitcoin, maybe things you have to do is look at the statistics bitcoin, and analyze it, if you think it'll make you into a profit, you'd better buy it, but if not, maybe you should take the money that you have

I buy bitcoin when it's lower than i expect it to get like if it ever hits $250 again i will probably buy 1-2 btc myself waiting on it to shoot back up to like the price it is now the only scary part in that is all of the governments starting to control btc like CHINA.
1610  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: June 25, 2016, 09:54:25 PM
Well if bitcoin goes up very high I suggest you convert it to fiat then buy yourself a house if you want. It would be easier to legalize it when you buy through fiat than to buy using bitcoin. That way you can safely buy a house.

Or you could just put all of it into USD like a normal person would and not buy it with BTC alone and actually buy it with cash or debit and i wouldnt BUY the house immediately i would chillax and see if you like the area first by just paying a little bit down on the house

Hope this info helps you decide if you want to or not.
1611  Economy / Economics / Re: What do you guess about he future of bitcoin? on: June 25, 2016, 09:53:17 PM
Well there are two possibilities that will happen to the bitcoin. The first one is that it's priced at 10000$ each 10-20 years from now. The other one possibility is that it's worthless 10-20 years from now.

That's not true at all and my guess about the future of bitcoin is that  BTC will end up stabilizing at 1500 usd for a while then start slowly decreasing as everyone think that it's going to keep on increasing and a lot of people will go broke but the people that werent greedy will make 1500 per btc that they sell..

Hope this give you my insight lol.
1612  Economy / Economics / Re: What is your best investment strategy? on: June 25, 2016, 09:15:33 PM
Yeah, when trading always remember the saying that "don't put all your eggs in basket" which is really true. If you don't want to lose in one thing, better divide your investments as long as you can to decrease the chance of losing them as not investments are really profitable.

Exactly. All of this could only mean to follow certain rules in order to make a good investment. Speaking of which, I have compiled a simple list which tells the basics of investing into Bitcoins or any other alt coin.

They are as follow:

1. Buy Low (preferably in small chunks)
2. Sell High
3. Diversify your investments into other alt coins (not putting all your money into Bitcoin)
4. Sell some of your BTC into Gold.
5. Take 10% of your profits into savings
6. Invest in a PoS coin with a high interest (stake) rate like Diamond. (25% APR)
7. Never invest what you can't afford to lose.

If you follow the above rules, you will do fine and make decent profits (apart from making a smart investment)

Just my opinion.  Grin

i agree with number 1 number 2 number 3 number 5 and that's pretty much it and number 7 because putting btc into diamonds or gold is not smart because neither of them really have any value to humanity and will most likely go down eventually.
1613  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: June 25, 2016, 09:14:20 PM
which makes bitcoin popular is the price, if the price is stable and is in a low price, I do not guarantee it will remain popular, because people may be getting bored with such situations. but if the high price of bitcoin will become increasingly popular

The higher the price the more people want it the lower the price the more experienced people want to buy it... It's all about the information we know and the basic people outside of btc want btc but they just dont know how to get into it

BTC stable would not be as popular as fluctuation btc.
1614  Economy / Economics / Re: Bitcoin Price Passes $750 to Hit 28-Month High on: June 25, 2016, 09:12:02 PM
As we speak the value of bitcoin is about 673 USD according to preev. I hope it will continue to rise more in this week and reach 1000$ later. If that would happen it will be nice.

It's pretty hard to think now that bitcoin will rise to $1,000 because many things are happening like halving, brexit etc. The price is trying to stay above $600 but it is very unstable. It passed $750 but fast was decreased to $600, hope this halving will increase the price back to $750.

It would be really disappointing if price don't touch to $750 at halving, as people are hoping to see the price of $1k at halving and it will be really frustrating if it even reach  to  $750.
Yeah but i think i believe that th price of bitcoin will still hit in this value and more price increase after block halving..
In $1k value for now its iimpossible right now to think that the price of bitcoin will hit in 1k value if we see that the price is increase and hit to 900 value
Expect for 1k value..

Not sure man btc is going to SKYROCKET after the halving, it could take a month but it definitely will go up in price, the price range im estimating is $950 but $1000+ is more than possible because of the price value now i expect 1000% increase.
1615  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: June 25, 2016, 08:59:26 PM
Well man I think we shall sell our bitcoins anytime we want. Taking advantage of the price fluctuation is better than keeping it sitting for years. Well that way you earn more.
Definitely you should sell when you honestly feel like the price wont increase anymore

Do not waste your time though on stupid stuff like investing in cloud mining or anything like that.

But I think the bitcoin price will rise forever. It has limited number of coins, so it is deflationary, the price will rise as a result.

I dont think it will rise forever but it will most likely never tank ever because like you said deflation. so i mean it will eventually hit a wall on the increase and slowly decrease we just wont ever know when it's happening.

You'll have to watch patterns for the longest time to ever really know if btc is going UP or DOWN.
1616  Economy / Economics / Re: How too get rich on: June 25, 2016, 08:57:08 PM
It is not that rich girls specifically prefer rich guys. It just happens that people choose friends and mates from the social circle they belong to...

In other words, birds of a feather flock together

It still depends on the perspective of the person. Maybe some still prefer at their levels but why marry a man or a woman if his/her habits are had. If a normal employee who doesn't own a house or don't have his/her own car but loves you truely and makes you happy, why not marry him/her?

In most cases, that would actually mean the same social circle unless we are talking about a multinational multi-tier corporation where, say, a CEO may never see low-tier employees at all, let alone striking up an acquaintance with one of them...

Though the latter can always try to move up the ladder

and this things doesn't make you rich Grin the one that make you rich is either marrying that CEO or work hard and smart to meet your goal. Cheesy  Moving up the ladder to have an acquaintance with richer people can only lead you to financial crisis.  You have to dress like them, so you need to buy expensive stuff that your salary can barely afford Cheesy, You have to go out with them, that means extra expenses for you not unless you want to be called a leecher and let them pay the bills LOL.  At the end if your shceme isnt successful, you will found yourself having more debt than savings.

Moving up the ladder essentially means building your career. It can't make you poorer by definition since it aims precisely at making you richer. Whether this will actually help you marry that inaccessible and unapproachable CEO is another matter, though you can meet someone less picky but still worthy (I mean wealthy) on your way from the shithouse to the penthouse and be done with that, lol...

While some handsome vagabond may just sit there in the right place at the right time



You never know you could be the next star by just sitting there at the right time and 2 minutes later a man walks by and says "i like your face come with me we'll get you cleaned up and given a good job, interested" you follow him because you're jobless and homeless so you have nothing to lose and in 2 years you have a mansion and everything else because this man took you to the public library and you made millions from clicking 3 buttons online...Faucet...Higher than 99.98 and won 3 times in a row, nobody ever saw that before but you just broke the record of luck.
1617  Bitcoin / Bitcoin Discussion / Re: How is bitcoin most important to you? on: June 25, 2016, 08:54:34 PM
for me bitcoin is a very good business, it makes me generate extra income each week. besides it also becomes a tool bitcoin transactions are very fast in the world of business on the internet. so bitcoin very important to me
yeah if bitcoin is beneficial and you're dependent on income in bitcoin. then bitcoin will be very important to you. so am I
bitcoin tends source of my earnings because I am currently bitcoin ang finance college so I was in college. bitcoin is very important to me
Yes, Bitcoin is important to me too, I earn a lot of bitcoins after I discovered it. So, now this is my extra financial support. At first I had a hard time after earning bitcoins. It takes a lot of time to withdraw my earnings. But now I know how to earn bitcoin this is like my 2nd job.


Bitcoin is like a second job to me mainly because i actually do make quite a bit of money by just sitting on my computer daily hitting a few buttons and typing to a lot of people and make a good profit from just doing all of this for a single week.

Bitcoin is most important to me because i get money from it from a lot less work.
1618  Other / Off-topic / Re: Would you like to receive your salary in BTC? on: June 25, 2016, 08:53:07 PM
Yes i am a bitcoin lover but it does not mean i want everything in bitcoins i never wants my salary in bitcoins , First of all its not a stable currency it value varies , Secondly I have to pay the fees when i exchange my bitcoins in my local currency , It is not so common in my country it is not even accepted on a single shop . 3 reason are enough for not to take salary in bitcoins .

That's no good man if your salary isnt big enough to even go into btc then that just means you make like no money and you should just work for a signature campaign because that would honestly pay better if you cant even have your salary IN btc. Although signature campaigns may be boring to do usually they pay out pretty well and they give more money then most 3rd world countries pay.
1619  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: June 25, 2016, 08:51:38 PM
Hey guys,

I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more.  Grin
I plan to BTC to be rich. I gather I earn BTC. when done big. I withdraw that all my BTC. then I can build a shop. or perhaps business

Eh that's not a terrible idea but i dont recommend starting a business nowadays because small businesses are just being hammered by the government and places like walmart will never die because the economy NEEDS them.

Hope this info helps you bro, be careful.
1620  Other / Off-topic / Re: what you like best in Bitcoin ? on: June 25, 2016, 08:50:22 PM
Long term investment is great but the building itself is the foundation of why a lot of us use btc, the extreme jumps and dives is what brings us all back to the moment we love about finding btc.

BTC will continue to grow bigger and bigger until it finally pops when the governments decide to sell all their btc LOL
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