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1601  Economy / Economics / Re: I bought bitcoin when everyone was saying that the price is high to buy, and ... on: June 13, 2016, 06:15:12 AM
Well now the price is $690 so you have made even more money. I wouldn't buy now though, the price might be stable for a couple of days.
1602  Economy / Economics / Re: Best way for steady income on: June 13, 2016, 05:51:59 AM
I don't think that there are any good ways to safely invest your Bitcoins and get a decent profit out of it. I would say that buying Bitcoin and waiting for the price to rise is the best way to earn money.
1603  Economy / Speculation / Re: FOR THE LOVE OF GOD DONT SELL YOUR BITCOIN on: June 13, 2016, 05:42:43 AM
If people are selling at the moment with the price going up, they really don't deserve to even own Bitcoin. You would have to be pretty stupid to sell when the price is rising so rapidly.
1604  Bitcoin / Bitcoin Discussion / Re: Bitcoin Wallets for Australia? on: June 13, 2016, 05:40:57 AM
I am also from Australia and I personally use Coinbase to buy my Bitcoins, it is very safe, but I store my Bitcoins on a ledger wallet. You should probably invest in a hardware wallet if you are going to buy multiple Bitcoins.
1605  Bitcoin / Bitcoin Discussion / Re: If bitcoin reach it's limit on: June 13, 2016, 05:38:31 AM
There is a seriously long time before Bitcoin reaches it's limit, so you really don't need to worry about it. No one really knows what's going to happen when it reaches its limit, so I guess if you use it now, you will never get to find out.
1606  Economy / Speculation / Re: Will the BTC go through $700 barrier before halving? on: June 13, 2016, 05:17:32 AM
I really hope that it does breach that barrier before halving as that would be a big milestone for Bitcoin. If it reaches that before halving, after halving the price might be extremely high.
1607  Bitcoin / Bitcoin Discussion / Re: "If" Bitcoin as scam on: June 13, 2016, 04:49:39 AM
It could be a scam, maybe that's why he doesn't want to reveal his identity. But there is no way for him to get the Bitcoins back from the investors of Bitcoin.
1608  Economy / Speculation / Re: Is it a good time to buy bitcoin now? on: June 13, 2016, 04:33:04 AM
Well there is a chance that the price will drop after halving so I am not too sure whether it is a good time to buy Bitcoin. A couple of weeks ago was a good time. That's when I bought.
1609  Economy / Speculation / Re: 1 BTC now equals $630!!! on: June 13, 2016, 04:29:48 AM
Well now it's at $680. It seems like it is never going to stop but it probably will soon. I hope that it goes back to $1000 like it was 3 years ago.
1610  Economy / Web Wallets / Re: Xapo Wallet safe? on: June 13, 2016, 04:19:44 AM
If you really want to use an online wallet, then I definitely wouldn't recommend xapo wallet. You should probably use blockchain or coinbase.
1611  Economy / Economics / Re: Best way to manage money? on: June 11, 2016, 07:53:47 AM
The best way to manage your money is to have a plan on what you are going to buy, and only buy what you need. It may seem simple, but it works.
1612  Economy / Economics / Re: What Country Has Most Of The Bitcoins? on: June 11, 2016, 07:45:14 AM
I would say that the USA and Europe have the most Bitcoin. But China definitely does have the biggest Bitcoin mining farms.
1613  Economy / Economics / Re: Bitcoin can not replace fiat on: June 11, 2016, 07:34:58 AM
Yes of course bitcoin can never ever replace fiat currency.Because tho bitcoin is well developed it is still depending on american dollar fiat currency.It cannot stand alone.And besides bitcoin is just manage by rich peoples not by government.And yes bitcoin can be a fiat currency but can never replace fiat currency.
The main reason that Bitcoin won't replace fiat is the governments of countries. They won't make Bitcoin their currency unless they get something out of it.(and they won't)
1614  Economy / Economics / Re: The Economist predicted in 1988 that there would be a global currency in 2018 on: June 11, 2016, 07:05:22 AM
That was a pretty obvious prediction. It is definitely smartest to make one currency for the world. Everything is balanced I think that the economy would be better.
1615  Economy / Economics / Re: If you hold 1 BTC you are a pioneer on: June 11, 2016, 07:00:16 AM
It doesn't really matter how many Bitcoins you have, you are still a pioneer. But I am glad to see that I am part of the elite. Smiley Buying any amount of Bitcoin helps the economy.
1616  Other / Off-topic / Re: How to tell your Girlfirend about BitcoiN?? on: June 11, 2016, 06:58:14 AM
I would just tell her that I use Bitcoin and then tell her if she wants to know about it, she can learn about it herself. Smiley Best way to lose your girlfriend
1617  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: June 11, 2016, 06:55:37 AM
Maybe when Bitcoin was first made, it would have been ok to quit your job, but now you would have to be pretty stupid to quit your job. I don't think I ever will.
1618  Economy / Economics / Re: Sell Everything? on: June 11, 2016, 06:50:29 AM
If you sell everything now, around 30 days from halving, then you are just retarded. The price is going to rise a lot when halving comes, be smart, save your Bitcoin.
1619  Other / Politics & Society / Re: Muslim Bitcoiner on: June 11, 2016, 06:49:06 AM
Why is it so special that Muslims use Bitcoin? Pretty much every other race also uses it but now that Muslims use it, there is a huge commotion about it?
1620  Economy / Speculation / Re: If bitcoin dropped to $1, what you do? on: June 11, 2016, 06:21:47 AM
I would probably just keep all my Bitcoins as like a collectors item and then buy another cryptocurrency with fiat.
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