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1781  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: February 25, 2016, 01:33:53 PM
I think totally depends on what country we live in, what is the inflation rate at a moment and what would be the inflation rate after 20 years, depending on that you need to calculate how much bitcoins you need.

no matter how much calculations you do, you'll never know how many coins you need as no one knows what the bitcoin price will do in the future. you just need to make sure you have plenty of coins already. then you will be just fine.
1782  Economy / Economics / Re: Is it better to save money or invest it? on: February 25, 2016, 01:28:05 PM
Both are very good. I think. I think with saving money you dont lose your money and you will have always money later.
If you are going to invest than there will be a chance that you can earn some good money so that you will have a lot of money later. But there is a risk that you also can lose some money with making an investment.

well, with saving you have some sort of safety, yes, but while everything in real life gets more expensive, your savings account's interest rate can't keep up with that. that's why people get happy if their somewhat safe investment in stocks for example brings them 5-10% interest per year. that's considered to be a very decent return for a low risk investment. and investing in bitcoin will bring you even more return.
1783  Economy / Speculation / Re: 400$ was the top on: February 24, 2016, 03:33:40 PM
It is not. It is now higher than 400 and that is so good. I hope it will rise for a long time and that many people are happy.
I hope that we can all sell it with much profit so we can have more money in the future.

You say market ain't stabilized yet???
It's still playing in between $420 and $450, what would you say it then, manipulation???
It's stable unless we see a huge spike or dump, and not necessarily will it rise as it purely depends upon the interests of people for using it ahead or not...

I think the market is quite stable. If the price rise/drops lower than 10% in one day, it is very stable.

what have you been smoking today? 10% price change in a day is considered to be very heavy volatility. how can you say that the price is very stable then? just prepare yourself for the volatility once we are just a few days away from the block halving. then you will see plenty of 10% price movements in a single day. let's see if you then still think that the price is very stable....

Considered by whom?

Because there's a pretty standard definition of volatility, used throughout the world of finance. And there's even a web-app that shows actual historic volatility for BTC/USD. And there's the empirical evidence - the might rises and falls of the past, far larger than the drop a few days ago. Heck, only last month there was a much larger drop than the recent one.

well, i am more talking in general. if certain stocks go down 10% in just a day, then it will be all over the financial news here where financial experts nearly can't believe what is happening. if the price of the euro loses 5% against the dollar in just a day, then it's basically the same story. people will go nuts. that's what i meant with 10% being considered heavy volatility.
1784  Economy / Speculation / Re: When to hit $10,000? on: February 24, 2016, 03:23:53 PM
maybe we could see the price touched $10,000 around 10-20 years. after many countries have adopted bitcoin and bitcoin be another alternative, other than the dollar.

bitcoin is already an alternative to fiat currency. it was like this from the very first moment of bitcoin getting an exchange price. that's why a lot people use bitcoin instead of fiat for certain things.
1785  Economy / Economics / Re: Is Bitcoins safe? on: February 24, 2016, 03:17:04 PM
I think Bitcoin is very safe. Otherwise people will dont use it so much. Many people use it all around the world so it must be very safe.
And the online wallets are also very safe too. If it isnt safe many people dont will use it so it must be.

I never heard that someone has been hacked or something.

there are plenty of stories where people were hacked and lost a lot bitcoins due to that. but that's not the fault of bitcoin. people are dumb as they click on links and they install crap that promises them to generate a few bitcoins per day. that's how people get hacked and their coins get stolen as a result. if people use their common sense then this wouldn't happen.
1786  Economy / Speculation / Re: Oops Price is 425$ Now... on: February 24, 2016, 03:12:16 PM
The price of bitcoin now is keep decreasing from yesterday. It's around $410++ now and i hope the price will back up to $425++, are you guys know why is the price keep  decreasing ?

I was surprised too when I look at the market today, it seems that it is really at $410+ but I think it is moving up and might end  at $420 this day...if it continue to go down below $400, then the increase in price was a pump..

Price would go much higher in next couple of months, as halving is also coming so we can expect a major price hike in next few months.

I also think so. The havling should have some effect to raise the price quite a lot. This happened last time.

but I heard that last occurred halving no influence on the price. but for this year I hope there will be an impact on prices, because of the smaller blocks

bitcoin has been maturing throughout the years. at this point there are much more traders involved in bitcoin. there is much more money involved compared to years ago. all that will make this block halving completely different in terms of price changes. i strongly believe that the bitcoin price has still a lot room for growth before the block halving. just have some patience.
1787  Economy / Speculation / Re: We are down again? on: February 24, 2016, 02:24:09 PM
We are not. If you can see now the value is now rising. But it is not so stable, but it will be higher in the future. It needs time.
If you wait then you can see the difference between now and later in the future. Dont be greedy and just wait.

greed is what drives a lot people here in this forum. these people can't control themselfs. that's why people keep going full nuts on altcoins and some of them still invest in obvious ponzi scams because they are being offered high and quick returns. these people only learn when things go wrong.
1788  Economy / Speculation / Re: Price Going UP! on: February 24, 2016, 02:20:37 PM
oh yes, it was rising up, just it stopped now, dump is comming now, it will fall a bit, but latter yes, it will go up again, maybe to 480$, or who knows, maybe over 500$
maybe this is just going to stop now, and the price increase will occur again in the near future. In my opinion, this increase may be stopped when the price above $ 500

i think the major part of the dumping is over, but there is still the possibility of seeing the price go even lower to $400 today or tomorrow. if we manage to hold the price at current level for a few days, then we most likely will see the price go up again. the sentiment is good, we are comming closer to the block halving, the majority of the miners are supporting the current devs, and so on. all positivity that will drive the price up.
1789  Economy / Speculation / Re: 400$ was the top on: February 24, 2016, 11:44:39 AM
It is not. It is now higher than 400 and that is so good. I hope it will rise for a long time and that many people are happy.
I hope that we can all sell it with much profit so we can have more money in the future.

You say market ain't stabilized yet???
It's still playing in between $420 and $450, what would you say it then, manipulation???
It's stable unless we see a huge spike or dump, and not necessarily will it rise as it purely depends upon the interests of people for using it ahead or not...

I think the market is quite stable. If the price rise/drops lower than 10% in one day, it is very stable.

what have you been smoking today? 10% price change in a day is considered to be very heavy volatility. how can you say that the price is very stable then? just prepare yourself for the volatility once we are just a few days away from the block halving. then you will see plenty of 10% price movements in a single day. let's see if you then still think that the price is very stable....
1790  Economy / Speculation / Re: Bitcoin price going to sub-400 again? on: February 24, 2016, 11:38:12 AM
i was expecting the $415 price level to hold strong, but now i woke up i see that the price even touched $409. i think we will see the price come very close to $400 these days. i certainly hope we will not go below $400 as it would be sad to see.
1791  Economy / Speculation / Re: Price Increase Incoming. on: February 23, 2016, 07:03:06 PM
if price will rise, why sell them? i will keep them til they'll rise to 500$ or maybe even more, of course it may drop later, but for now it rises, so why sell?

some people can't handle the volatility and look to sell their coins as soon as they made some profit. these kind of traders never listen to any kind of advice. they just do what they think is right. if you have some patience and dedication, you will be able to make nice profits when you hold till the block halving or even longer than that. not all people can do this.
1792  Economy / Speculation / Re: Bitcoin will be stable in 2020 on: February 23, 2016, 06:59:12 PM
It will not stable even in the future.. There's no reason that the value of bitcoin will be stable in the future..
what is the purpose of traders And i think they not allowed bitcoin to be stable in the future..

stability in the bitcoin price is only possible when institutional investors bring in their billions of fiat into the bitcoin market. as long as that doesn't happen, the current whales and other wealthy traders can manipulate the price easily with 10% per time. they literally rule the bitcoin price with iron fist. they decide what will happen with the price.
1793  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: February 23, 2016, 06:54:23 PM
It's not very likely that Bitcon will reach 100,000 $. The price will go up, I'm sure of it, but that much? Nope. So, you better collect as much coins as you can.

I think, first of all, that we should wait for bitcoin to reach 1000$. Only then would be the time to dream bigger.

exactly this! let's first wait for the price to reach $1000 again before day dreaming about anything higher than $1000/$2000. it simply doesn't make sense to think in terms of $100,000 while we are just above $400 currently. Cheesy
1794  Economy / Economics / Re: Is it better to save money or invest it? on: February 23, 2016, 06:17:51 PM
If you have a little amount of bitcoin then it is better to invest, if you have so many bitcoins then store your most of bitcoins and invest only a little ammount..

no matter what amount of bitcoins you have, just holding them safely in offline storage is the best thing to do. and beside that, what today is considered to be a small amount of bitcoins, can be worth a lot after 5 or so years. then people will most likely blame themselfs for not holding while they still had the coins. investing your precious bitcoins is basically a waste of time where the risks are greater than the potential profit. and if there is a site or service that promises you high returns in a short time, then it's 99,9% a scam. holding is the best!
1795  Economy / Speculation / Re: Falling under 300 again on: February 23, 2016, 06:11:20 PM
That's impossible if it will fall to $300 miner's will be useless and they can't be profitable. So i think its impossible.. and it will not happen. unless bitmain will held a newborn asic miner or powerful miner.. that can mine times 3x o s7 miner..

in the bitcoin world nothing is impossible. mining farms will be just fine when the prices goes to or below $300. the smaller miners will definitely feel it, but it's a risk for them that they agree with when buying mining gear. and if the price goes down significantly, the difficulty will most likely also come down a bit which will give miners some breathing space.
1796  Economy / Speculation / Re: $500 Within 2 Months? on: February 23, 2016, 06:05:02 PM
500 dollar in 2 months is pretty good to do, the bitcoin can get it within a week if the people are working with it, its just a matter of time but 2 months is easy to be done.
I think it will take a few weeks and than it will reach the 500 dollar or maybe a bit lower than the 500 dollar.

500 in 2 months is possible.
Everything is possible.But how likely is it regarding the actual situation?I'm not sure about that.
Bitcoin is and will stay unpredictable for a long long time. So take it as it comes and deal with it I say.

the bitcoin price has always been unpredictable, this will probably never stop unless we see the market cap increase to an insanely high amount. i think reaching $500 within 2 months is a more than fair price target. i think we can even reach a bit higher than $500 within 2 months. we are comming closer and closer to the block halving. there has to be a bull run before it.
1797  Economy / Speculation / Re: Bitcoin value is 440+ on: February 23, 2016, 05:58:30 PM
Hey guys. Look at that. It's crashing again! How on earth is that possible?
Tnx for the profits by the way. Keep buying!

it's not crashing. don't try to cause unneeded drama. these dumps are very common nowadays and don't scare off people beside some rookies.
1798  Economy / Speculation / Re: $2k in january on: February 23, 2016, 05:54:25 PM
2k is way too unrealistic, not possible to have that large price rise,  even halving won't change it so much

I think the halving will only double the price, so that it could be $800 due to halving. General adoptoin will increase the price.

$800 will be a more than ideal block halving price for most people. it means we reached a new high since 2014 which will make a lot people very excited. i only don't know how long that price level can be maintained due to all the dumps.
1799  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: February 22, 2016, 03:19:44 PM
nothing can replace the dollar in the comming 20 or so years. if eventually there is something that will replace the dollar, then it will be from the same entity that is issuing the dollar right now. Wink
1800  Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase? on: February 22, 2016, 03:12:00 PM
I had sold some bitcoins to pay bills ,but today im just collecting them and well as most here waiting the halving time to see what will happen to bitcoin
,but bitcoin has a briliant future and potencial,we will hit again the1000 dolars value and be able to cross it easy.

accumulating as many coins as you can and holding them firmly in your offline wallet is the smartest thing to do. but some times people have to sell some coins in order to pay bills. that's the only exception why one should sell. securing profits at these levels are nothing more than small rewards. if you wait at least till the price reaches $700 or higher, then you can secure your profits with a big smile. just wait till the block halving and from there you can decide what you want with your coins.
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