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1661  Economy / Speculation / Re: is it time to sell? on: June 24, 2016, 11:30:15 PM
I do not think so.

I think that in the next few months bitcoin will rapidly grow in value, and it is likely more expensive. Of course, there is a huge probability that after this mark, he will go down dramatically, but, as the history and economic theory in general, after this period cryptocurrency stabilize at a higher level. It is also important to note and understand that despite the strong volatility, the Bitcoin is still the long-term growing rapidly enough in price. So it is best to leave in the hope of growth.

Right now is not the best time to sell since btc just tanked although it still is approx $589 it will MOST likely go up even though it is kinda high right now i would still personally myself wait on it.

Just take it easy and hold your btc in a cold wallet.

Hold your money right now! wait for the halving to change everything for the better or for the worst just keep your money safe and dont be tempted by stupid bitcoin casinos and their trickery!!!!

Yep yep yep those casinos nowadays are crazy awesome with their advertising to bring a lot of people in to check what they're posting about and everything. You just gotta stick with investing or saving.
1662  Economy / Speculation / Re: BUY or SELL bitcoins ? What you prefer ? on: June 24, 2016, 11:29:17 PM
for now I better prepare to sell bitcoin. Well although I rarely buy bitcoin, I always collect them, but I think this is the time to prepare to sell bitcoin, because the price is currently stable and likely to rise

you should really start putting some thought into your comments, what you say here is contradictory to itself! you say it is time to sell bitcoin and then you say it is likely to rise! if it is likely to rise then you should hold until after the rise not sell.
Both are not the best thing that you can do and that is because the value of Bitcoin started to rise so it will be better if you are waiting a longer time to sell it.
And buying will be bad because the value is already high so people who already have Bitcoin must just hold it until the price rise will stop and make some profit after that.
I think that selling is better then buying because when you buy you lose money but when you sell you are earning money again so I think that that makes me happier.


Selling is definitely more fun because you're getting the cash to your wallet but it is also really great to buy because you are now a stockholder lol so to be honest i enjoy having the BTC more so i would personally go with buying.

Yeah you really get that jolt of excitement when you see that much money go into your bank account or something and it's kind of funny knowing that some prefer buying because you're spending money for other money.

True and you have to also know that buying gives you the bitcoins which in my opinion satoshi is just cooler to say then cents LOL because you have 1 satoshi equalling 1/100,000,000 of a btc.
1663  Economy / Economics / Re: Why have Bitcoin instead of cash? on: June 24, 2016, 11:27:57 PM
Well I rather have BTC instead of cash when paying because of 3 reasons. The first reason is that it is easier to pay with than cash. The second reason is that it is easier to carry with you if you always bring a phone. The third reason is that it's price fluctuates so I can just convert it to fiat when it pumps and when dump occurs I rebuy so its like having a good source of money to buy something with. I use an online bitcoin wallet that have the features to store fiat and btc simultaneously for that.

None of that makes any sense to me at all lol, you would rather have btc because it's easier to use? you have to wait 2 blocks for anything to fully confirm so that is not easier than cash at all.
1664  Economy / Economics / Re: How to save money. on: June 24, 2016, 11:26:42 PM
good.but I prefer to earn money to change my lifestyle.

I feel like you're just a sig campaign spammer but you can save money by just not doing stupid stuff like gamble or anything like that because that will blow money faster than anything at all.
1665  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: June 24, 2016, 11:25:47 PM
If I can start making $1000 a week then Id consider it, but until then I cant consider it because I have too many bills to pay.
though to be honest it is really hard to earn that much in bitcoins especially if you dont have a full time job with bitcoins because theres no good ways to earn a lot of money with bitcoins

i would definitely not quit my full time job in my opinion because there are too many price fluctuations that wouldnt allow me to earn any secured money because the price might fall too i think

Yeah you should never quit your day job to do something like "invest" ins something because it will never likely turn out any good for you in the end because most times the investments dont make that much money.
1666  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: June 24, 2016, 11:18:05 PM
I think if you're young aged between 20-25 years. you can collect more than 500 BTC or maybe 1000 BTC You can collect it within a period of 20 years. then you can retire young and live comfortably at the age of 40 years

If you have right now $300-600,000 of cash available to throw at Bitcoin then I think it's a given that you've already got your retirement sewn up.
I think your point is average of your given amount that is also ok you have that amount on your retirement and put it into bitcoin that also gaining income if you hold in short term.

I would like to hold the bitcoin for the long term, maybe 10 to 30 years. I am still young, I have plenty of time.
Yes, we have more time and as long as bitcoins are available at a low price we have to grab this opportunity to save and stock some bitcoins before it reach its peak. But more the time are ready to wait, lesser the amount of bitcoins required to retire with.

Definitely you just have to have plenty man you should have to have around $300000 to retire comforterably at like the age of 60 sooooo you should probably have alot more if you want to retire earlier.
1667  Economy / Economics / Re: Bitcoin worth to you or not... on: June 24, 2016, 11:17:03 PM
Well for me bitcoin's worth and fiat's worth is the same. It is the same because I can earn some money from bitcoin that I can use to buy and fiat is the mainly used currency so its worth for me is the same as bitcoin. Well bitcoin will be worth more than fiat if it will dethrone it in the future.
I think soon bitcoin will beat fiat because with the increased sophistication of the era, of course humans would want everything becomes easier and bitcoin can do that. for me bitcoin more worth than fiat money

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 jumps and dives is what brings us all back to the moment we first loved about finding btc.
1668  Economy / Economics / Re: Bitcoin or gold? on: June 24, 2016, 11:16:29 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
I think if you want to benefit quickly you have to choose bitcoin. but you should know its risks? if you want to be safe then choose investing in gold dude

Gold is not safe LOL there is no point because there is no fine use for gold, bitcoin is a currency that has a printing limit where they cant send out more than taht amount and the halving will even cut that amount more to end up making btc rise more.
1669  Economy / Speculation / Re: bitcoin continuous rising? on: June 24, 2016, 11:15:37 PM
Bitcoins just have a huge down 1-2 days ago and now the price of bitcoin increasing right now and i hope it will continuous rising until the halving come. That huge down 2 days ago really scare me.
I think so. These days, the price of bitcoin down, and yesterday the price below $ 600, it makes bitcoin users into a panic. but, now the price is back to more than $ 600, I think that its price will go up
What's seems to be new.
That's how people react. If price goes up they are happy and asking for more higher price. If the price go down they are on a fomo and hoping to restore it's price.

This kind of attitude if childish. screaming when it goes up, crying when it goes down. Let's be happy the halving myth turned out to be a reality. The price above 500 is way more i expected and with me many others. With brexit now the price can get a little bit of a boost, but not much I think.


I bought my coins last year when the price was $220, so looking at current price I am very much satisfied as I have already made some good profits, and even if it falls to $500 in coming days, it won't make any difference to me as I can afford to sell even at that price.

That's great and that's what i love to see man but you should hold for the halving because it is sure to go up in price...You will see that you're gonna make a lot more money if you just wait for that one shoot up to $1000.
1670  Economy / Economics / Re: Best way for steady income on: June 24, 2016, 11:14:27 PM
Poloniex and other exchanges let's you lend to margin traders, some months ago they were paying around 60% annual interest but you had to manage it every day since many loans are returned and to achieve a good rate you need to set it manually (I've never used a bot but from what I read they work well)

You never know when one of these exchanges gets hacked, goes bust or just runs away with your money (like Crapsea or MtGox), so it is risky as hell

Best way for a steady income is for you to not be on this site get a real job and have btc as a side investment that you hope to grow in the near future and hopefully will make some good money off of.
1671  Economy / Economics / Re: Is it better to save money or invest it? on: June 24, 2016, 11:06:53 PM
Some its wise to invest considering its halving year

In my eyes its not wise because the price is now already pretty high and due to that if you are investing now you can also easily lose profit without any doubts.
i think that it is surely risky to invest a lot of money because the price might surely drop pretty soon

though i think tht it is still better to invest your money instead of just holding in order to make some good money

I will prefer to invest my money in bitcoin at a moment only because of halving, or else I would choose to invest in multiple products, but investing in bitcoin will give me quick profits which no other product can offer at this stage.

But they can also drop your profits to nothing in under a day. You cant always rely on btc to shoot up and you have to be ready for the low times
BTC will never be "stable" but it can "stabilize".
1672  Other / Off-topic / Re: Do you actively spend your bitcoins? on: June 24, 2016, 11:05:55 PM
I always spend my bitcoin. I usally pay my interntet bill with bitcoin online. and I also trade bitcoin.

like a gambler who decides to spend some of her winnings at a luxury store at a casino, people feel wealthier when their Bitcoin increases in value, prompting them to spend it, which in turn makes more merchants interested in accepting it.
if this happens you can pay to bank, insurance and everything by bitcoins itself.

If we are able to spend the bitcoin immediately then it is a great bonus, i don't compare it to gamble but as an asset like stock shares, price of gold etc. But if you decide to not sell them for a long a time then the current price with its pump and dumps does not matter.

I think we should sell our coins when price pumps as that is the time to secure profits and then again wait for the price dump to buy some more coins in future.

Is this not what everyone does? Well i guess not EVERYONE does this but most people just wait for btc to stabilize at a higher price for their own safety and then use their btc's to buy and sell stuff.
1673  Economy / Speculation / Re: Good idea to buy bitcoins now? on: June 24, 2016, 11:04:51 PM
Yes its very good idea to buy bitcoins now cause the price of bitcoins decreases , Buy now as many as you can , I bought 4 btc yesterday that cost 2400$ and im hopping to get times 2 profit

Yes it is a very good idea to buy now with the halving process coming up most of us will make around 2x our money because btc is sure to skyrocket with halving, most people just dont understand how the halving works.
1674  Economy / Economics / Re: Bitcoin to be international currency on: June 24, 2016, 11:03:52 PM
Why not? We can see rapid use of bitcoin everywhere. Then if it used largely it will be an international currency
But, i think it's verry impossible, couse bitcoin have many weakness like anyone can get it with verry easy. And if wold be, that can make bitcoin unlimited, so if all people have so many bitcoin, it will make bitcoin verry cheaper after.

Bitcoin could end up being a side nation's country money but the fact of the matter is... You cannot expect btc to rise to the challenge to be that currency because there are a limited amount of btc allowed.
1675  Economy / Economics / Re: The future of the paper money on: June 24, 2016, 11:02:37 PM
Well IMO paper money have low chance to be dead by year 2040 above. I think the chance of it being dead at that time is about 0.01%. If it will be dead, IMO bitcoin will replace it.  Grin

I dont even understand why you guys waste your time to post this crap...BTC will most likely never take over the world's currency system because of the fact that there are a limited amount of BTC and the governments at all times would have to control it.
1676  Economy / Economics / Re: When do you buy Bitcoin ? on: June 24, 2016, 11:00:22 PM
I buy every month when I get salary, I don't buy full bitcoin, but prefer to buy in small parts as price keeps on changing so you always have an opportunity to buy more if price drops later.

Ah btc everymonth sounds nice but the fact is i dont buy btc every month i only buy it when i see a pattern in the stock's rise/fall so i know if btc is going up or down... that's why you really need to look at stock values.
1677  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: June 24, 2016, 10:59:02 PM
house just a pool to live,we can lease the house,let our money to work for house

This doesnt make any sense to me. If you lease a house there is no investment you're just going to end up hurting your wallet because a house lease is not Pay to Own it's just lease until you realized you're being scammed.
1678  Economy / Economics / Re: What do you guess about he future of bitcoin? on: June 24, 2016, 10:58:03 PM
Everyone knows that bitcoin is not a stable currency here is a graph :


Do you think bitcoin have possibilities to be more stable in the future ?
What do you think about the future of BTC?

I think that bitcoin will become the world reserve currency , you can save your money and it's a way super secure than everything we can imagine.
The bitcoin now are are being widely accepted and not controlled by government

It is a good thing that bitcoin is as much stronger than money and it really covers the truth that this is a big possibility according to this graph. This will encourage everyone that using this money will make you more valuable in the future and high potential on no risk. This will be better if we do keep the business going and will have more future with bitcoin. This is also the reason why people keep having bitcoin because of the great future ahead of it.

The reason that they keep on halving btc is just for going up in price, they more they "halve" it the more the price goes up and the more that the price goes up the happier people are with btc.
1679  Economy / Economics / Re: What is your best investment strategy? on: June 24, 2016, 10:54:42 PM

It is really hard to invest and make a good profit with bitcoins if you do not have a decent capital to start with as the profit will not ensure you a 100% increase of your capital. I suggest if you want a good return you focus on altcoins and participate during the ICO.

Thanks for the advice. I have invested into Lisk myself in its early days (the ICO) and have benefited a lot making 2 to 3 times my investment when it was officially launched. It has been a very good experience for me and the best investment I have ever made. I will consider looking into other ICOs to see if there are really worth it. It is always important to make research before investing what you can't afford to lose.

Now I am investing some of my BTC into PoS alt coins like Diamond and Hyperstake. They have been very profitable to me. Just my opinion.  Smiley

PoS alt coins? That to me alone doesnt sound right but i mean you can invest your money where ever you want but you really have to look at it with knowing that something isnt going to screw you over in the end.
1680  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: June 24, 2016, 10:50:01 PM
I think bitcoin would be popular even the price is stable. people can use bitcoin as online savings without worrying that their money can decrease.
I think just the opposite because the price of bitcoin that's fluctuation so make everyone is interested in investing in bitcoin if the price of bitcoin stable may bitcoin will not grow as big as this.

Yeah bitcoin would def not grow to as big as it is not because the fluctuation gets everyone excited any everything. The major changes is what makes people money and making people money is what they want.
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