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1961  Economy / Speculation / Re: Should I invest On BITCOIN right Now or Later on: August 25, 2017, 04:12:42 PM
Yes, right now is the good time to invest in bitcoin.
As the bitcoin value is increasing now that's make it good for investment.
People are predicting the value of bitcoin will reach anywhere between $8k-$10k by December.
If you are really want to invest in bitcoin now is the perfect time to do it, though!

For Altcoins: You should try coins like: Ethereum, Dash, NEO, Zcash, NEM, Monero, OmiseGo and BitConnect.
These are all great Altcoins to invest into for the sake of the future.
1962  Economy / Speculation / Re: Will Bitcoin break $4500 this week? on: August 25, 2017, 04:02:08 PM
I'm not sure bitcoin can break $4500 in this week, but if until the end of this month I think it's possible, because bitcoin just moved up again.
Looking the price variations happening with respect to time I believe the price might go above $4500 in a week or two. Right now the price has come down to $4000 and once again it has started to increase giving signals of crossing $4500 in a shorter time period.

Bitcoin price is growing this week like the way people wanted. The value keeps looking good and everything looks normal as well.
No doubt, the way bitcoin value is appreciating the price will reaches anywhere between $4500 - $5000 in one or two weeks time.
1963  Economy / Speculation / Re: Price BTC after 23 August? on: August 25, 2017, 03:55:24 PM
How think what price BTC will be after 23 August?

I think $4500

Bitcoin value is recovering eventually after the dip in the market value for about a week or so.
Bitcoin is currently selling at $4432.38 via CoinMarketCap | https://coinmarketcap.com/currencies/bitcoin/
Hopefully, bitcoin may recover it original market value and even grow more higher in the future.
1964  Economy / Speculation / Re: If price of BTC reach 50K who is going to buy? on: August 25, 2017, 03:48:47 PM
When BTC reaches $50k that's when the major investors would focus on bitcoin because they know bitcoin is a real deal! There are rich dudes that really have the money to buy bitcoin no matter how expensive it gets. There are people that still don't believe in bitcoin when the value reached $10k that is when they'll focus more on bitcoin because they know there must be something good with bitcoin and when study it they'll surely invest their money into bitcoin. Cheesy
1965  Economy / Economics / Re: Is bitcoin a good way to invest your money ? on: August 24, 2017, 10:33:26 PM
I heard that bitcoin is a good investment for making a huge profit in the future , is that right ? Because i want to buy some bitcoin in these days .

Yes, bitcoin is the good place to invest your money right now as the value keeps getting higher, a lot of profit is going to be made in the future. Bitcoin was design to the digital currency which is decentralized, fast, secure and low transaction fees. But when the value of bitcoin keep growing higher and higher everyday that makes it the perfect place for people to invest their and make huge profits just for holding bitcoin for few months.
1966  Economy / Economics / Re: Three reasons to invest in Bitcoin on: August 24, 2017, 10:27:13 PM
Here are three of my best reasons:

1. Bitcoin Value Appreciation.
2. Bitcoin is digital currency that future may depent on it.
3. Bitcoin is revolution, decentralized, fast, secure and low transaction fees.
1967  Economy / Economics / Re: Is it possible for the bitcoin to lose it's value ? on: August 24, 2017, 09:52:54 PM
Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?
Sorry if my post is in the wrong place or it's not relevant.

Bitcoin lost %80 of its value after the GoX crash in late 2013. People panic sold their coins in despair. The price fell from over 1k$ to as low as 200$ in time. The recovery took very long time but those who hold their coins won the jackpot. Even the top buyers made at east %100 profits since then.

Can bitcoin lose its value? Yes. Only for a time.

In the long run, there will be a recovery as always.

The Solution: If you won't be able to deal with the pain of holding bitcoins for long years, only hold the amount you can afford to lose.

Yes, good explanation! Bitcoin may only lose it value when there are so much bitcoin dump in the market. As long as people hold their bitcoins on normal being there would be no drop on bitcoin value. Bitcoin will only lose value when people keep selling excessive amount of bitcoin daily which not really going to happen unless something really bad happen on the market.
1968  Economy / Economics / Re: How can we push the actual use of Bitcoin ? on: August 24, 2017, 09:27:08 PM
First is creating awareness for the people around you.
Tell the people around you what is bitcoin, how its operates and it benefits.
And the easiest way to let all your friends know about bitcoin is by using social media sites e.g. Facebook or Twitter.
1969  Bitcoin / Press / Re: [2017-08-22] Xcoins.io releases 50% Profit Margin Guarantee Program. on: August 23, 2017, 10:34:37 PM

Yes, we like xcoins but the problem is it works with PayPal...
We really need a system that uses bitcoin because PayPal only work in certain countries.
1970  Bitcoin / Press / [2017-08-24] Cryptocurrency Market cap Sets a New All-time High of Over $150bn on: August 23, 2017, 05:35:15 PM

With no major breakouts recorded despite this market cap increase, it will be exciting to see what comes next. Interesting things are happening, that much is certain.

Big things are happening in the cryptocurrency world as of late. With the Bitcoin price slowly picking up again, things are looking positive. As a result, the total cryptocurrency market cap has increased to $150bn for the first time. This new all-time high should not be ignored by any means, though. It is a big milestone for all cryptocurrencies and digital assets in circulation right now. The growth throughout 2017 has been nothing short of spectacular.

It is good to see the total cryptocurrency market cap grow by leaps and bounds. More specifically, there have been a few dips over the past few weeks. As a result, this causes some uneasiness in the cryptocurrency world as a whole. Right now, things are slowly returning back to normal. This change is mainly driven by the Bitcoin price recovering, as well as some alternative currencies noting major value gains. One notably absent coin on this list is Ethereum, which still struggles to maintain the $300 mark for the time being.
Cryptocurrency Market Cap Grows to Over $150bn

That being said, things look pretty healthy in the world of cryptocurrency right now. With the market cap appreciating in value interesting things are on the horizon. It is the first time we see the $150bn value being surpassed. This is another major milestone for Bitcoin and all other cryptocurrencies in existence. After all, very few people assumed achieving such a goal was even possible, to begin with. Things have an interesting way of working themselves out, to say the least.

All of this seemingly indicates how the markets continue to evolve. Although there is still a bearish sentiment to take into account, things aren’t looking half bad. There will be some market resistance for some time to come, though. Every new all-time high is often followed by a correction of some sorts. Right now, that correction seemingly takes place as we speak. Once this downtrend is over, however, things can get pretty exciting. It is not unlikely we will see another all-time high for both Bitcoin and Ethereum in the near future. If that is the case, a $200bn market cap isn’t out of the question either.

With both Bitcoin and Ethereum dominating the charts this year, 2017 has been quite impressive. It is expected there will be an even bigger uptrend in the months to come. Some experts predict a Bitcoin price of $10,000 by next year. It is still a high value but after this year, nothing seems to be impossible. Only time will tell what the future may bring for cryptocurrencies in general. With no major breakouts recorded despite this market cap increase, it will be exciting to see what comes next. Interesting things are happening, that much is certain.


Sources: http://www.newsbtc.com/2017/08/23/cryptocurrency-market-cap-sets-new-time-high-150bn/
1971  Bitcoin / Press / [2017-08-24] Major Japanese Ticket Exchange Marketplace Now Accepts Bitcoin on: August 23, 2017, 05:29:28 PM

Major Japanese customer-to-customer ticket exchange marketplace, Ticket Camp, has announced that it is already accepting the digital currency Bitcoin as a form of payment.

The move is a major boost to the cryptocurrency as the exchange has about five million users across the country.

According to the company, the digital currency exchange Coincheck will handle all the transactions made in Bitcoin.


First in the industry

With its acceptance of Bitcoin, Ticket Camp became the first member of the ticket industry in Japan to adopt the virtual currency and use it in its transactions.

Because the digital currency was already approved by the Japanese government as a form of payment and Ticket Camp is a web-based oriented platform, this move could become very beneficial in the long-term.

Bitcoin, however, will not be used to replace the conventional payment methods currently being used at the ticket exchange marketplace.


Issues on the adoption of Bitcoin

Despite its great potentials, several possible problems could be experienced by the company in using Bitcoin as a form of payment.

One of the issues is how the company will collect its 13 percent fee for every sale transaction.

The fee is evenly split between the seller and the buyer, and it is still uncertain if the firm will keep their cut in Bitcoin or convert it to fiat currency immediately.

Another issue is whether the use of Bitcoin will effectively eliminate the sale of fake tickets.

This problem has already been plaguing the country’s ticket industry for a long time and stopping it has been proven to be very difficult, if not nearly impossible.

Although Ticket Camp utilizes an escrow system to hold payments until the tickets properly reach their buyers, this was not effective in dealing with fake tickets.


Sources: https://cointelegraph.com/news/major-japanese-ticket-exchange-marketplace-now-accepts-bitcoin
1972  Bitcoin / Press / [2017-08-24] Bitcoin Price Struggles To Break Free Of Current Range on: August 23, 2017, 05:22:42 PM
Bitcoin prices have been struggling to reach the next level, after fluctuating close to $4,000 over the last few weeks.

The cryptocurrency has faced these headwinds after surging more than 300% year-to-date, climbing from less than $1,000 to more than $4,000 earlier this month, according to CoinDesk's Bitcoin Price Index (BPI).

While the world's largest cryptocurrency by market capitalization has enjoyed modest volatility over the last few weeks, multiple analysts have predicted that this period of relative calm will be short-lived.

"The price has been surprisingly stable for the last couple weeks but I have no real confidence it will last," Cryptocurrency Fund Manager Jacob Eliosoff stated on August 22.


Sources: https://www.forbes.com/sites/cbovaird/2017/08/23/bitcoin-price-struggles-to-break-free-of-current-range/#6167ddbe44e9
1973  Bitcoin / Press / [2017-08-24] Bitcoin price rises again above $4,000 - but will it hit a new rec. on: August 23, 2017, 05:21:25 PM
Bitcoin price rises again above $4,000 - but will it hit a new all-time high?

Bitcoin’s value has once again risen above $4,000 per coin - but will we see the bubble burst any time soon?

The price of the virtual currency, which hit a record high of $4,500 (£3,492) last week, has jumped up to $4,276 to recover from yesterday’s seven-day low.

Bitcoin’s value has soared over the past 12 months, with its record-breaking rally coming after its recent split into two separate cryptocurrencies.

But what next for the volatile cryptocurrency? Analysts remain divided about what we can expect over the next few months.



Sources: http://www.telegraph.co.uk/technology/2017/08/23/bitcoin-price-rises-4000-will-hit-new-all-time-high/

1974  Bitcoin / Bitcoin Discussion / is bitcoin cash, the next Bitcoin 2.0??? on: August 23, 2017, 04:44:43 PM
The reason BTC is going down is because it's about 30% more profitable for miners to mine bitcoincash.
Merchants, exchanges and miners are switching to the bitcoin upgrade called bitcoin cash.
Many people are still unaware of the upgrade and will possibly be left behind and lose a lot of money as bitcoincash is quickly replacing bitcoin.

Based on all these, what do you guys think?

1975  Economy / Speculation / Re: Bitcoin Prices incline below $4000 to Hit 7-day low on: August 22, 2017, 09:16:46 PM
The bitcoin price is back below $4000. According to a period of high records, declination on average prices across global exchanges at the start trading on August 22. It was already dipped more than $150 from the day’s open. At the time of writing article, bitcoin was trading at $3861.87 as it was its lowest price since April 15.  

Yes, sometimes things like that happened. Bitcoin price is dropping because every time when the price reaches the highest level it drops.
When the value of bitcoin gets higher a lot bitcoin holder will start to sell and make profit from that, and then buy bitcoins when the value dips more.
Some people practice that as a form of business, sell bitcoin when the price is high and buy bitcoin when the price is low and vice-versa.
1976  Economy / Speculation / Re: Will Bitcoin die soon? on: August 22, 2017, 09:09:35 PM
I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.

No way my friend! Grin
Bitcoin is here to stay!
Bitcoin is an asset and currency as well.
Bitcoin is the future global financial market because it decentralized, fast, secure and low transaction fees.
Bitcoin is a revolution that changes the life of a lot of people. 
1977  Economy / Economics / Re: bitcoin and inflation/deflation on: August 21, 2017, 01:38:19 PM
In your model there is only one producer of soda glasses(monopoly).
If you are trying to compare bitcoin with a soda producer that has a monopoly over the market,you are wrong.Bitcoin is not a monopoly,everyone is free to buy any altcoin he wants for any fiat currency he wants.
Producing new bitcoins via mining has nothing to do with demand,prices,competition and  supply.
There`s competition  in lowering the production cost (lowering the costs of btc mining-cheaper electricity,cheaper and more effective mining hardware,other cost improvements) which improves the miners efficiency.Inflation and deflation are bad only if their exceed some limits.It`s actually good for the economies to have small amounts of inflation or deflation.

This was to give an example of course. But it doesn't matter, as the inflation/deflation question pertains to the amount of goods in an economy vs the amount of money circulating. Whether a crypto is created through a computer process or on a money press makes no difference.

The interchangeability between bitcoins is no different from the interchangeability between the different fiat currencies.

I see no reason why you should start discussing any issue patterning Inflation/Deflation on this aspect because every economy has inflation/deflation issues of it own, which is sometimes depend on demand by the customers... What you didn't know in the first place is; when bitcoin reached the maximum number in circulation which 21 million, the value of bitcoin will continue to grow from there, because there would be high demand of bitcoin as many people are yet to know about bitcoin and it advantages. Currently, the value of bitcoin is growing every year because more people are coming into the BTC ecosystem. For Altcoin, I see no coin getting anywhere close to bitcoin because 90% of people believes on bitcoin, and everybody coming to the crypto space is starting with bitcoin because people trust and use it better than any cryptocurrency out there.
1978  Economy / Economics / Re: Most people dont even know what this is yet. on: August 21, 2017, 01:13:22 PM
I called around some stores to see if they accept BTC, no one has even heard of it except like 0.1% of people.  Wait till people actually find out this exists...

The question is... without creating awareness of bitcoin by us, then who do you think will do it?
That is why it is important to share your bitcoin enthusiasm with other people around you that would help spread the words of bitcoin and make bitcoin more popular. I think we should all join hands and keep spreading the words of bitcoin and how important bitcoin is, and how it may help people achieve their dreams. Let's keep on spreading the words of bitcoin from today's on! 
1979  Economy / Economics / Re: The dream of getting rich with bitcoins on: August 21, 2017, 12:33:40 PM
Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.

How much money did you earn with bitcoins? Or did you lose some?

Well, that is everybody's dream!
Everybody want to be rich and happy because poverty hurts, poverty leave an everlasting effect and impression on people minds.
People see bitcoin as an opportunity to invest their money as an asset and digital currency as well. Bitcoin is an opportunity for everyone to invest and later make profit over, unlike "Wall Street" which is exceptional only for the rich dude Grin
1980  Economy / Economics / Bitcoin Domination: The year of Bitcoin total dominance? on: August 21, 2017, 12:19:50 PM
Bitcoin is digital currency that is fully decentralized, fast, secure with lower transaction fees.
In fact, bitcoin is the perfect currency of our time. Bitcoin provides the perfect system of cashless economy (future economy).

So which year do you think of bitcoin total dominance and why?
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