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1641  Economy / Gambling discussion / Re: When gambling makes you cry. on: June 25, 2016, 01:08:28 AM
Today I was struggling to make a profit then all of a sudden lost everything trying to actually break even and make something. I was playing bustabit. Very addictive game that.

You should try to stay away from all of those types of casinos. I don't recommend them to anyone because they are addictive and they get people caught up in very bad situations lol you really should never cry when gambling.
1642  Economy / Gambling discussion / Re: Bitcoin Gambling is Exploding on: June 25, 2016, 01:07:24 AM
I think bitcoin gambling can be a bad thing for players sometimes though. Its all digital and very quick so it's easy to go through your coins at the speed of light and only realize after how much you lost.

Definitely .02BTC does not look like a lot but when you realize you lost $12 that easy it kinda gets in your head that you have just messed up really bad and need to change it but then when you chase your losses you lose much more.

0.02 bitcoin sounds like a lot because it is not just 0.02 but it is 2,000,000 satoshi and that is why it seems like a lot if you have started with satoshi and if youare measuring things in satoshi scales.

Yeah 2 million satoshi definitely sounds a lot more than just .02 btc LOL but in the end it is around like $12 and that is a lot for just like 2 minutes of gambling purposes alone because thats like a full meal LOL
1643  Economy / Gambling discussion / Re: High bet amounts or low bet amounts? What is your style? on: June 25, 2016, 01:04:11 AM
when full of pocket then high bet amount, otherwise low bet amount.

I think that is probably the logical thing to do, because if I had a good amount of bankroll then I will make a high bet more likely than a low bet. Because it is a waste of time to bet low amounts with a high balance.

Wouldn't say that it is a style exactly, just a habit.

when you make big bets then you have to get ready for losing big amounts too.  because losing is also a part and parcel of gambling.

also when you make bigger bets then it means that having the big bankroll didn't really give you the benefits of having a big bankroll can give you. for example you could use martingale for a couple of more bets on your losing streak if you haven't changed the bet amount with your bankroll rise. which means more winning.

With all the things i have tried throughout my gambling experience martingale on dice is the worst possible thing to do but if you go to a real casino and spin a few hundred on roulette you can make some money there.

Yeah these bitcoin casino's are a little sketchy but they're all Provably fair
and you can check all of them so it isn't a scam i guess.
1644  Economy / Speculation / Re: Will bitcoin go back to bellow $400? on: June 25, 2016, 01:02:20 AM
I don' think so.  I believe it will still go up.  And also, it is very difficult to speculate the price of the bitcoin because it is volatile.  I will buy more for investment because I believe that it will go up after the halving thing.

YES! The halving is going to take btc through the roof. The halving is definitely going to take the price up.

You have to look at statistics man and i dont think it will go below $400
1645  Economy / Speculation / Re: Bitcoin will never reach $700 again on: June 25, 2016, 01:01:09 AM
I think may be at the end of the day it may achieve that price, as price is at $685 at a moment, so I think this price is possible to achieve today or maximum by tomorrow.

Definitely but this post was just to say that he didnt think that btc would ever get up there.

Most of these posts you have to look at the date to really understand.
1646  Economy / Speculation / Re: Poll: What year will Bitcoin reach $10,000? on: June 25, 2016, 12:58:30 AM
I voted 2019 because bitcoin was created in 2009 and it would be 10 years since then so why not that year.


Hahahaha that's a funny reason that you would put that but i think btc is very far from $10000 mainly due to the fact that in those 7 years its up to over $300 constantly  and it will grow to over $1000 constantly but it will take some time.
1647  Economy / Speculation / Re: I'm dumping my bitcoins so you should on: June 25, 2016, 12:51:54 AM
Im waiting price rising to $1000 then i will dump all my bitcoin, i have only some bits so i thnk my dump not effect for bitcoin price
It is not so smart that you will now dump your Bitcoins at the moment. The value now is going to quite low so that wont be very smart. I hope that the most people will sell it later after a few years or months or something that you can sell it with profit.


Yeah not the right to dump the coins, price went down in last two days, and now again it has gained pace an going up successfully, so hoping to see some higher price in next few days.

Dont ever dump coins, you will most likely always regret it because the price will most likely go up eventually.

You get scammed by low droppings you have to sell high.
1648  Economy / Speculation / Re: Bitcoin in 2020 on: June 25, 2016, 12:48:26 AM
I invest my 0.0069 BTC

May 30, 2016 I have          0.0069 BTC
June 25, 2016 Now I have  0.01171725 BTC

that's not a bad profit man you're building it up to be great in around another year you may be able to reach a whole btc from only 690k satoshi. You will love to see that because of the fact that the btc price is going through the roof.
1649  Economy / Speculation / Re: It is Buy time! on: June 25, 2016, 12:47:32 AM
Its not really buy time because I think if you are buying the bitcoin right now you will even lose profit for sure because of the fact that its just not worth it buying with this high price.

This kinda annoys me due to the ignorance of people not knowing what happens during a halving process, the supply goes down so the demand goes up... You have to know this from basic eco but some dont i guess.
1650  Economy / Speculation / Re: When will bitcoin reach 500 USD again ? on: June 25, 2016, 12:46:42 AM
I'm hoping for $500 or below.

Why would you ever hope for btc to go down? there is no point lol just invest smaller and cash out bigger profit when btc hits the moon man you dont want the price low because then the people will be pansies.

I agree there is no reason that you'd want it to go down, you should just buy now and hold for after the halving process because most likely you will make at least double your money in the time period of around 2-3 months.
1651  Economy / Speculation / Re: how much gonna be 1 BTC in a year? on: June 25, 2016, 12:45:46 AM
With such a nice future the bitcoin can easily reach the 1k and stay there I will if the bitcoin stays rising like this there is a chance this will happen in about a year.

I think the price of bitcoin could be between $1000 to $1500 within 12 months if there is no major disaster.

i am pretty sure in no any disaster will occur in the field of bitcoin the developers are trying their best to make bitcoin a more safe currency of the world.

I hope that it would be $1000 because of the halving

The halving is going to change btc most likely for the better.
1652  Economy / Speculation / Re: 400$ was the top on: June 25, 2016, 12:41:01 AM
I dont think you know where we are standing today because we almost hit up to the 800 each so i dont think you knew this would happen but 400 was never the top.

Also even at $400 it isnt even close lol you have to know the $1000 topping on the cake remember? the insanity in 2014. It was a great year for btc because many people made so much money from the $1000 hit.

It was not the top and never will be the top at $400!

Definitely i just wonder if 400 will ever be the max that btc sees since at this current moment we are 1.5x that price alone with the big jumps lately in the btc price, the halving will probably bring it up too.

If all the bitcoin development carried out according to plans, and there is no delay to the block size increase, the price will rise again.

I agree, The halving process will be a giant success for btc's rise because then you'll see that there wont be so much so the demand will go through the roof. and with it going through the roof you're going to see a lot of people getting rich.
1653  Other / Archival / Re: Should we sell btc? on: June 25, 2016, 12:39:08 AM
I guess this is not the right time to sell bitcoin, I think that bitcoin still has a huge potential in terms of price. maybe next week or next month the price will go up, say suggest to hold bitcoin

I would hold bitcoin also because it is eventually going to go up whether before or after the halving happens, you have to really imagine how much you could make/lose in that time span you want.



Indeed the bitcoin is gonna be very profitable and it also has a great future a head with the halving, the halving will be very profitable for us all.
I think the cannot make some good money with it.

What do you mean you dont think you can make good money with it? I think that it will make you money because if you just buy now and wait for it later the price will skyrocket man!!! come on you have to take that risk sometimes.
1654  Economy / Speculation / Re: I'm All In - Sold My House! on: June 25, 2016, 12:37:30 AM
That took some balls!  You'll make a fortune if you HODL.
I would also never be able to sell my house for some Bitcoins I do not know how he pulled it off be he sure has some balls. Investing in Bitcoin is a risk but he is even taking a risk on top of that by selling of his house.

Yes especially because land never depreciates so that house most likely would grow in more value than the bitcoins did... You didnt make a mistake but i would never do what you just did my good sir.

Yeah me either i couldnt imagine going that deep into investing into btc it's too crazy the highs and lows because you just have no guarantee that you'll make money in the end but with the halving coming up i dont think it was dumb.
1655  Economy / Speculation / Re: 2016 will be a boring year for bitcoin on: June 24, 2016, 11:36:06 PM
OP has not logged in since 10 days ago. I expect him to not come back anytime soon as the price keeps increasing and his thread becomes more and more wrong of a prediction.

You are right. The first 5 months for the bitcoin is quite boring. But the last month, it was very exciting. The price rose 70%.

Exactly this year has been super exciting compared to 2015 as 2015 was such a low in the dumps year for btc and now were watching btc grow to it's peak again and we hopefully will get there in a few months i hope!!!

i do prefer having USD rather than BTC though because i can use usd a lot more but it's jsut a matter of when i want to have btc and when i dont because the times i dont want to have btc are just killer for me because those are the times it usually skyrockets.
1656  Economy / Speculation / Re: 10 BTC. Will I be a millionaire by 2030? on: June 24, 2016, 11:34:59 PM
Just keep pushing until you reach 21. Everyone wants to 21, so 21 must make you rich in the future. 21 is the magic number. If you think long term you will make it, if not you can never reach anything remarkable.

I don't think so, but I believe one thing. In future people who doesn't own a bitcoin may consider people with few number of bitcoins as rich person. These days itself someone joining new to bitcoin think people already here were very rich seeing the price of bitcoin.


I feel like you should sell before 2030 because i think that the peak will be earlier and then btc will go down for a long time and shoot up like it has been lately a few years later, but you have to hope for that peak over $1000.

Yes because the peak will definitely be earlier in time.

You will notice that the halving will take btc up in price a huge amount.
1657  Economy / Speculation / Re: 1 BTC = 1000$ in 2016 on: June 24, 2016, 11:34:20 PM
I sure believe that bitcoin is able to get to $1000 this year, I don't think bitcoin will be at this point during halving though.
It will probably be before or after halving that bitcoin gets to this value.

So not exactly during the millisecond the halvening happens. So at ANY other time than the ONE MILLISECOND in the history of the universe?

Got it. Nice prediction.

This is technically true and could happen but also the halving process could take btc to the moon and we could all profit a shitload, i really dont recommend selling your coins so fast under the thought that halving WILL drop it.

I agree with that. It is better to hold your bitcoin for the long time, in the mean time promote the bitcoin to other people.
if you strongly believe bitcoin prices will rise to $ 1,000 this year, I think it was thought best to hold bitcoin. because, if the price of bitcoin does not reach $ 1,000 this year, I think the price will not be far from it. probably at the end of bitcoin prices to a range of $ 800- $ 900
I doubt it. Bitcoin's price is still going below $500, see what happened last 2 days. And after halving many people are still going to sell, so the stable price would be at 500-600.

No such thing as a stable price in btc the price may stay the same for a few days or even a week but the price is guaranteed not stable because at any point in time someone could just sell 30000 btc and it could end up tanking.
1658  Economy / Speculation / Re: Where do you see bitcoin in 10 years on: June 24, 2016, 11:33:20 PM
I see the bitcoin a lot bigger and also globally known, I think that a lot of company's are also accepting it than and that it will be at a stable amount.

For the time, the major obstacole to the general adoption is the small block size. You need to wait for long time for confirmation.

Confirmation times take btc a long ways back because every other currency it's instant

You have to look at btc as a LONG term investment though.
1659  Economy / Speculation / Re: 1 bitcoin = 200k dollars on: June 24, 2016, 11:32:10 PM
I would really like to see BTC $200,000 but i doubt it will happen for another few centuries because of the fact that bitcoin can fluctuate a shitton in a single day/hour so you never know with btc and that's why so many people love it but why others hate it.

Yeah i feel you long term investment is great but the building itself is the foundation of why a lot of us use btc, the extreme highs and lows is what takes us all back to the moment we liked about finding btc.
1660  Economy / Speculation / Re: When are you selling your bitcoins? on: June 24, 2016, 11:31:18 PM
At this moment I am not selling any coin. I feel the price is not enough to get the max out of it.
I hope to see the price go up again, but I don't expect it to happen this year.

If price doesn't go higher at halving then we can expect same from the year, So I am planning to sell my coins 1 day before of halving, lets hope we will see higher  price at that time.

Selling it 1 day before isnt a bad idea but i def wouldnt sell all of them there would be no point to wait that long as if the halving does bring BTC down you will be angered and have no profit...

I actually am probably going to sell it after the halving because i have learned about it and the halving process may just be another good thing for btc, i mean look what happened last time it halved.
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