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1721  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: May 07, 2016, 08:14:20 AM
Well that is what fiat is right now. I guess it wouldn't be as popular as most people invest in Bitcoin just to make money. That's my opinion.
1722  Economy / Economics / Re: If you were in desperate need for money.... on: May 07, 2016, 08:05:14 AM
I would use my signature campaign and if that wasn't good enough, then I would just get a loan from a bank or one of my friends.
1723  Economy / Speculation / Re: bitcoin continuous rising? on: May 07, 2016, 08:02:32 AM
I really don't know why the price of Bitcoin is rising so much, but I do know that I am making money from it. And that is really all I care about.
1724  Economy / Economics / Re: How would you double $100,000 safely? on: May 07, 2016, 07:44:00 AM
You have to be really dumb to gamble or bet that amount of money. The best way would be to invest in Bitcoin or shares.
1725  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: May 07, 2016, 07:39:46 AM
There is really no way to know how many Bitcoin you would need in 20 years, but I would say about 50 or more Bitcoins. Any less would be too little.
1726  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: May 07, 2016, 07:33:15 AM
For true devotees of Bitcoin, the price of the digital currency is almost irrelevant. They believe in its inherent value or, more frequently, cannot see any value at all in the alternative of government issued fiat currency. Price is therefore not a concern. At the other end of the spectrum, for those that harbor what appears to be an irrational hatred of Bitcoin and anything to do with it, the exchange rate also matters little. They were screaming that it was all worthless when the price was at over $1000, and somehow convince themselves that an exchange rate of over 200 times what it was before that bubble proves their point. For the vast majority of people somewhere in the middle, however, the price of the currency in Dollar, Euro, Yuan or whatever terms is important.

Read more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU
I don't really think that there are that many devotees of Bitcoin. A lot of people are just trying to make profit off Bitcoin, so the price definitely does matter. I am one of those people, so the price matters to me.
1727  Other / Off-topic / Re: In 20 years, what would you like to do with your bitcoin? on: May 07, 2016, 07:31:10 AM
I would sell my Bitcoin and invest in other things, I think that by that time, Bitcoin would have reached a lot of its potential and other altcoins would just be starting.
1728  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: May 07, 2016, 07:26:09 AM
I would just buy a trezor wallet, store all my Bitcoin and save it. With halving just around the corner, I could easily 1.5x my money.
1729  Economy / Speculation / Re: why a rise in value is a good thing on: May 07, 2016, 07:22:18 AM
I don't think it'll be the rise in value that causes more shops to accept bitcoin, I'll more likely be some easier way to trade coins with more speed and certainty.
Yeah I don't think so either. Shops will only start accepting Bitcoin when they see the price is very stable or steadily rising. Just rising won't make them do anything.
1730  Other / Off-topic / Re: Do you still believe in bitcoin on: May 07, 2016, 07:20:59 AM
Bitcoin is doing so well right now and anyone that doesn't believe in Bitcoin is just stupid. Especially with halving just around the corner, there is no better time to have Bitcoin.
1731  Other / Off-topic / Re: 2017 Year of the Bitcoin on: May 07, 2016, 06:06:54 AM
Right now I am starting to think that every single year is the year of Bitcoin. There was a thread in 2016 and then now 2017. WTF is this? Decide on a year people.
1732  Bitcoin / Bitcoin Discussion / Re: Bitcoin Wallet Vulnerability on: May 07, 2016, 02:43:11 AM
So you think that if he posts his Bitcoin address online someone will show up at his house and kill him for it?  Well okay, thanks for the advice.

If they know there's a big pay off? Yes, criminals will use that information.
That is exactly why I don't use social media. Because then criminals would target me. That is definitely the reason, not like it's a waste of time or something.
1733  Bitcoin / Bitcoin Discussion / Re: Bitcoin Wallet Vulnerability on: May 07, 2016, 02:41:27 AM
I keep all my money in my ledger wallet except for when I get paid by my signature campaign. I leave that money in my Coinbase wallet for a day or two before moving it to my ledger wallet.
1734  Economy / Speculation / Re: If bitcoin dropped to $1, what you do? on: May 06, 2016, 10:16:35 AM
I would just hold it and wait as you really couldn't lose more than a couple of dollars after it reaches such a low price. I definitely wouldn't invest in ETH as I had some bad experiences with it before.
1735  Bitcoin / Bitcoin Discussion / Re: 7/11 - The Day Bitcoin Prices Will Rocket, or Start of a Crash on: May 06, 2016, 10:11:11 AM
Is less actually more? Will halving be a boon to Bitcoin or an absolute curse that will lead to a spectacular crash?

Money needs to be printed to be used, it has to be brought into circulation. Whether it is paper based or virtual, someone has to decide how much of it is going to be brought to life and when.

See da full thing : http://cointelegraph.com/news/711-the-day-bitcoin-prices-will-rocket-or-start-of-a-crash
I have a strong feeling that Bitcoin halving will be a huge boom for Bitcoin. It is doing so well and it would be really weird if it just suddenly crashed.
1736  Bitcoin / Bitcoin Discussion / Re: People hate Bitcoins? on: May 06, 2016, 10:08:42 AM
I guess people support the government of their country, and most of those governments don't like Bitcoin. I think that is the reason. I may be wrong though.
1737  Other / Off-topic / Re: Worst mistake you did with Bitcoin? on: May 06, 2016, 10:00:30 AM
My biggest mistake was to keep password same everywhere. That resulted me a loss of 0.5 BTC. The second mistake why I didn't recognized its potential earlier.
I always use different passwords and keep in a secret location in my house. Also known as my desk drawer. Never use the same passwords for multiple websites, you will end up hating yourself when it all comes crashing down.

Its always good to have multiple passwords but people have habit of using same password for multiple sites which will result in huge loss if something goes wrong in future.
People tend to use the same password for more than one website, just for the convenience. I definitely do not recommend it as you could lose a lot of money if anything goes wrong.
1738  Bitcoin / Bitcoin Discussion / Re: I got hacked , All my Bitcoin and Litecoin lost on: April 22, 2016, 12:12:20 AM
Well that really sucks, but why did you post all the links here? Do you also want us to get scammed or what? Seems a bit fishy.
1739  Economy / Digital goods / Re: [WTS] CSGO GIFT - 5$ on: April 16, 2016, 02:52:16 AM
I will buy the copy for $4 if it is tradable and not country locked. If you are willing to sell it for this price, then PM me your steam account.
1740  Economy / Gambling discussion / Re: What is the most profitable type of gambling? on: April 16, 2016, 02:43:55 AM
You will lose money while betting/playing in casinos, you should just invest in forexes or be the owner of the casino. Just beware of scams that are out there and you should be fine.
Investment is definitely one of the best way to earn money. You should never gamble on dices, you will always lose money.
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