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1781  Economy / Economics / Re: Bitcoin or gold? on: June 23, 2016, 10:37:37 AM
Well If I were to pick between two ill pick both. Bitcoin is good. Gold is good as well so I choose both and divide my funds from them 50/50.

I prefer to buy bitcoin because gold really doesnt have a purpose in this world, it's bling while it actually has no use for any of our modern technology yet btc has many uses as in currency flow with GDP in a country that helps the country flow better.

It is better to have BTC than gold in my honest opinion.
1782  Economy / Speculation / Re: bitcoin continuous rising? on: June 23, 2016, 10:36:05 AM
Bitcoin had a good rising but it just tanked so i mean it isnt continuous but it was a fun ride all the way up to $750 and was a great time to sell. The best time to sell in my opinion it had been hard though.

The continuous rise has yet to come but i really hope that it does soon
1783  Economy / Economics / Re: Best way for steady income on: June 23, 2016, 10:33:58 AM
fixed income of bitcoin, it will be very difficult, even when you joined the signature campaign. way that might work to earn a steady income is an investment, but it will be very difficult. if you want a steady income, you must find the original work
yes for steady earning you need to find a regular and a long term job for yourself...A work in which there is no insecurity that you may loose your work any time...a original job where you work daily and get paid ..

Work a job man dont rely on btc, you cant tell me that btc will be you income, just use it as an investment man, you'll have a great time if you earn profit but if it's your income it will hurt you if you invest all and lose big.
1784  Economy / Economics / Re: Is it better to save money or invest it? on: June 23, 2016, 10:32:35 AM
Definitely save right now since the fact of the matter is that btc is going to shoot up eventually and you will def profit more if you wait longer, but if you need the money of course spend it now just to have the funds.
1785  Other / Off-topic / Re: Do you actively spend your bitcoins? on: June 23, 2016, 10:31:25 AM
i am just spending my coins to pay for a prepaid load , but not yet used as a mode of payment in some store or shop i don't enough amount to spend on a large value of money that needs for payment .

Yeah i never try to spend all my btc at once, it just kinda happens LOL but i do spend my btc pretty actively whenever i do have it. Sadly enough i spent most of it at $400 instead of waiting for it to shoot up to $700 but that was just my mistake.
1786  Economy / Speculation / Re: Good idea to buy bitcoins now? on: June 23, 2016, 10:29:22 AM
For those who intend to hold their bitcoins for not less than two years, I think now is a good time to buy. We are a few days removed from the two year highs of the price and a little correction looks to be taking place. I am personally waiting for the price to retreat to as low as $550 before buying again.

Looks like it is a good time to buy BTC for you then because btc just tanked man and you can buy now and increase the price for us haha! but yes it is about time for it to start going back up so i recommend buying bitcoins now..
1787  Economy / Economics / Re: Bitcoin to be international currency on: June 23, 2016, 10:27:41 AM
Maybe but not totally a currency because it is a decentralized digital currency and it will never be replace the US Dollar and it doesnt have a fixed price so i dont think that the government and almost all countries will accept bitcoin to be a international currency it will stay as a international digital currency .
I think that makes it decentralized bitcoin become a global currency. because there is no one who can control the bitcoin. so that bitcoin will become the most attractive currency
It's true, because people don't trust the government so they will choose a more decentralized currency and that would only happen if the government will not make a necessary measures to ban bitcoins in their respective countries.

I dont think that BTC can be an international currency due to the fact of keeping under order. You cant just keep sitting there and doing nothing all day and expect to make money, and what would happen to BTC? most likely it would have to crash due to GDP problems.

I personally can't see it ever being a international currency, RATHER than just trades.
1788  Economy / Economics / Re: The future of the paper money on: June 23, 2016, 10:25:21 AM
Andrew Haldane said one solution would be for the Bank of England to issue a state-backed digital currency based on bitcoin. Supporting this initiative would be a negative interest rate levied on paper currency relative to the digital currency, with these measures do you think there is more possibilities that sometime:

Paper money will be banned entirely?
How long do you think that happens?
would it work?
What security and privacy risks would it raise?
And how would public and privately issued monies interact?


I think that it is pretty easy to understand that in futurr there will be either less paper money, or no paper monry at all, we use less each day now too

And i don't think that paper money will be ever banned, because people are used to paper momey and not other types of money

I think it's dangerous to not have a paper currency because there are so many genius hackers out there now a days that takes like 2 seconds to remove all the funds out of your bank account and run with the money.

It's a very risky business to go all digital.
1789  Economy / Economics / Re: When do you buy Bitcoin ? on: June 23, 2016, 10:23:08 AM
Well I buy bitcoin when the price is low or after a dump or heavy dump. I only use the money I gain from selling bitcoin at a higher price and I buy again at a lower price. That's what I do so it's pure profit for me.

I guess you could do that but it isnt a full proof method lol and there really isnt one so i cant say anything bad although i usually buy btc when it's lower just to have some investment in it.

Hope this info helps you!
1790  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: June 23, 2016, 10:21:14 AM
It's all up to you man, a house is a very good investment because it doesnt depreciate instead it just goes up in value usually, land is very important now, the more land you have the richer you technically are so you could take it to the moon and be the man that took btc to another level.

Although you would be spending a lot of btc.
1791  Economy / Economics / Re: What do you guess about he future of bitcoin? on: June 23, 2016, 10:19:28 AM
i guess a lot of people say thay bitcoin is not a stable currency since there are alot of fluctuations in it. but since it is a growing currency nowadays many people are using it and having profit. if it goes on like this , in future there is a chance that btc can be stable and highly secured.

That is not true, btc could shoot up at any point in time and stabilize really quick so you can't ever know with a stock, that's also why people love the stock market. The excitement usually brings people back more and more

You never know though you could be right.
1792  Economy / Economics / Re: What is your best investment strategy? on: June 23, 2016, 10:16:52 AM
my favorit investment strategy is :
1. buying altcoin at low price then sell it with take 10-20% . i do it everyday if possible, today i made arround 0.015 at etherum trading.

That's not bad but im almost positive that alt coins will tank before btc does due to the massive want for btc and the little need for alt coins, that is a great earning profit for just trading for the day man.

Take it easy on trade though you never know when you slip up and lose a btc.
1793  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: June 23, 2016, 10:15:14 AM
i Dont think it will be such popular as now becasue there are always people who want to invest into it and when it does not have a unstable value people cant invest into it anymore/

It would not be a very good investment opportunity and that would be a major issue but that isnt the big deal for some people so it would just be a small issue which would drive a lot off but also keep a lot on it.

I would love to see btc at a stable price for a good month or two just to see how people would react.
1794  Economy / Economics / Re: Bitcoin Price Passes $750 to Hit 28-Month High on: June 23, 2016, 10:13:31 AM
Unfortunately the price has dropped significantly to $674 at the moment. I think many people who bought at $250-$400 made a good profit selling their coins and that's a good thing. Now if most of them sold most of their coins already the price will start rising again.

Yes, that's sad. We had a 100$ drop in one day. Now I have to wait in order to sell my coins, since I wanted to do it at 700$+.

100 drop after a 350 rise, is still a great achievement, and in the end what i see is a 250 rise

It's great for bitcoin but it also just did tank to around $550 usd sadly i hope that it will shoot back up eventually to around $950 even maybe $1000 just to have that money would be amazing for me.

It's always good to have that hope because if you dont have the want for it to go up it never will.
1795  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: June 23, 2016, 10:06:43 AM
Well, definitely shouldn't sell your bitcoins right now after a market adjustment. I think that this is just a bear trap and if you sell now, it will be a huge mistake and you will regret in the future.

Holding is the best investment you can make.

Then it is better to buy now? Any insights if this price right now is the levelled price for this week? I think it is still a risk to buy now because price keeps going down.

The price is going down so you probably should buy now because during the "Halving" it is either going to shoot up or tank because of people wanting it, it's all up to how we really want it to fluctuate. We have the power to raise or lower the stock.
1796  Economy / Economics / Re: How too get rich on: June 23, 2016, 10:05:10 AM
For me getting rich can be done on all kind of methods in my opinion, one of the methods is just by holding the bitcoin itself.
I think if you just hold the bitcoin itself you can make big bucks, its of course depending on the amount you invest but it can provide you some big bucks.


Yes it can, bitcoin fluctuates very often you dont really see many HUGE drops but you will see like $40 at a time which for some people can be mad about because they could have 100s of Bitcoins invested and that's $4000

You get rich by using small money to make big money in investing.
1797  Bitcoin / Bitcoin Discussion / Re: How is bitcoin most important to you? on: June 23, 2016, 10:02:37 AM
How bitcoin is most important to me? bitcoin is very important for my life. with bitcoin, I can bounce back at my time of financial distress. I was very fortunate to get to know the cool digital currency like bitcoin

That's great man, bitcoin is very important to me because it really just gives me something to do in my freetime to try to make extra money for my family and i to have a little bit of fun in our bored times.

It gives me the free time fun that i need.
1798  Other / Off-topic / Re: Would you like to receive your salary in BTC? on: June 23, 2016, 10:01:11 AM
-snip-
Disagree. Im treating bitcoin more as an investment compare from being currency so spending them for daily needs will really have a hard time for me to decide.

But you know, if only most of the people will treat this as a currency then maybe I will go the flow but for now Im treating this as investment to make profits.
We should not have to treat bitcoin as only an investment but we also have to treat it as a currency which is more important for the success of bitcoin, and with that bitcoin will become a global currency sooner.
'
Yeah I would hate to have my salary in BTC because the fluctuation could kill me like, i love to know that i can feed my family LOL it would be really bad to have my salary in BTC although it would be really cool.

Bitcoin is a very dangerous currency unlike stable money like the USD
1799  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: June 23, 2016, 09:57:43 AM
Buy bitcoin in low price and sell it at high price and maybe i will buy a bunch of bitcoins today, Bitcoin price is low today. I might buy 10 bitcoins and wait for bitcoin halving. Im sure i will get a great profit after bitcoin halving
Wow you're so damn rich. If i have a lot money i will also do that.

I agree with you will get a great profit after halving because many user are expecting for the price to reach $1k per piece so if you buy now you will have a lot of money if the price reach $900-1k per piece Cheesy.

Yeah the only way to get rich with bitcoins that i see is to invest in it because all the gambling sites just eat it like candy lol it's very to just lose your money by getting upset and losing it all with just 1 click.

Investing is my way to get rich.
1800  Other / Off-topic / Re: what you like best in Bitcoin ? on: June 23, 2016, 09:55:16 AM
The thing i like best in bitcoin is the fact that i can have money one day and have more money the next from someone just buying a little bit of bitcoin at a time, that's the real thing that i love, the people are pretty friendly too.

It's a great money system.
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