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221  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What Altcoins will be most adopted in 2017 on: August 21, 2016, 05:29:15 PM
So of all the newest projects being released right now, and also all the ones currently gaining ground right now, which Alt coins do you think will be most adopted in 2017?
Things will remain the same without much change, I do not think any alt coin can be considered as "most adopted" at least in next year.
222  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which is more profitable? on: August 21, 2016, 05:25:44 PM
The price of bitcoins at present is ~$600.

What do you think: Is it more profitable to mine a viable altcoin ( ETC, XMR...) and then exchange them for bitcoins or invest in an S9 and mine bitcoins?

Another option for you is to only buy BTC and hold its.
223  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Doge future? on: August 21, 2016, 05:23:12 PM
one year to go price one bitcoin still under 100 satoshi
and long term price bitcoin can't up over 200 satoshi, produce doge coin is over much, so price can't high

I dont understand you completely, but I guess you mean the Doge price may not exceed 200 sat in the future.
224  Alternate cryptocurrencies / Speculation (Altcoins) / Re: NXT 2.0 Ardor No ICO Speculation - Live Now on: August 19, 2016, 11:46:09 PM
That's the main idea and the rational outcome. But markets do not behave rationally because many traders do not trade rationally. Also there are whales who invested in NXT to collect Ardor and plan to sell both and gain a nice profit. That is what happens usually in trading and there is a big chance that it will happen. So it could go either way. Our hope is yes it must go up some more after Ardor release but also be careful and be also ready to take profits.

True, Many peoples bought Nxt to low prices, so they will receive theirs Ardor tokens and they will want sell both after that.
225  Economy / Trading Discussion / Re: Best Investments on: August 19, 2016, 11:24:19 PM
Best investment is the knowledge of how things work. If you intend to invest on stock market, you'd have to have knowledge as to what/which company you are investing. This applies to coins as well. If you invest to a revolutionary coin to which you thought could skyrocket later, then go. but of course like any investment there are risks.

Yes, besides there are many factors to take in mind like to time, market value, risk, etc...
226  Economy / Economics / Re: I'm not gonna sell any coin. on: August 19, 2016, 11:19:13 PM
Well, i always sell my bitcoins every week after i received my payment from a service and i don't think i can't to not sell my bitcoins, because i always need it to turn it into fiat.

Well maybe you are on a fast pace life that you need always fiat money and you are not able to save every time you are exchanging it to fiat money.
It is going to be good if you are going to try some bitcoin allocation and try to save some of the bitcoins you have. So that you are going to have stable holdings of bitcoin.

Saying to someone  that he must allocate some bitcoin to his savings is easy but if we are in his situation maybe we would say the same thing especially if you need  money for everyday living, you would definitely exchange your bitcoin  to fiat everyday so that you would survive for everyday living.

In the short term, we can wait a few more months to buy the bitcoin. The bitcoin price might drop a bit lower.
it is definitely not going to be dropping any more, in my opinion the price can only grow from now on to be honest

Nothing can be guaranteed, price may go down or even go higher in coming day, no one knows what exactly will happen in next few days so I will wait for few more days to arrive at any decision.

Agree, but $570-600 could keep for some months more at least until first days of December.
227  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin or Ethereum ? on: August 14, 2016, 06:50:30 PM
until now iam still choose bitcoin
bitcoin without ethreum still work and antoher coin is work and run in marketplaced
ethereum and another coin without bitcoin is colaps

If the bitcoin does not improve and some bitcoin users hack the bitcoin, it will be replaced by the Ethereum.

If there is not further improvement of the user experience, the bitcoin could be replaced by other coins.
i dont think that the price of the bitcoin is going to grow and other crypto currencies will be like other precious metals while bitcoin would be gold

Probably, however the price is still an unpredictable thing long term.
228  Economy / Speculation / Re: If bitcoin dropped to $1, what you do? on: August 07, 2016, 09:19:21 PM
Iam cry becase it bitcoin price dropped and down until one bitcoin price only one dollar
i think is bitcoin will die and disappear from circulation digital curency in the world

I don't think bitcoin is not going to die even the price is going to reach one dollar because good thing that is going to happen with it is that many bitcoin people are going to see the advantage of the dump price of bitcoin and going to buy a lot. And if that happens they are helping the bitcoin to make its price to increase again.

Yeah if price falls that low then every one will start buying coins and it will take price again to a higher level so I think there is nothing to worry even if price goes that low.
That's only gonna happen if the adoption for bitcoin is not dropped.
If there are a lot of people who stopped using bitcoins and most miners quit from that reason, then there is really no point in getting those bitcoins anymore since they would most probably be worthless.

Agree, however you be surprised to know that even so people buy things giving them another value such as collectors, and sometimes it is incredible that such things still have value even after being no longer commonly used, something similar could happen here that would prevent reaching that value as low, in the worst case.
229  Economy / Economics / Re: Bitcoin or gold? on: August 07, 2016, 09:12:31 PM
Agree, however about 1) Gold is difficult to store,  I think it refers rather to the fact that it is difficult to do surely, even of the size of a cell, a thing of value  is difficult to store more than  one thing worthless large, for example, in an apartment anyone doing the cleaning or something can  found and take your gold easily,
and when finally you realize  already been too late, also you can not spend all your time watching if the gold is there or not.

If you heavily invest in gold, you could also afford to buy a fireproof safe, and keep there not only your precious gold but your documents as well (e.g. Bitcoin cold wallet keys, lol)...

Hidden wall safes are the best





Yes, this could be a good alternative to protect themselves from common thieves.
230  Economy / Economics / Re: Is Bitcoins safe? on: August 07, 2016, 09:04:50 PM
You can't be sure if storing all your assets in Bitcoins is safe. There's always the likelihood of it suddenly plummeting for a random reason. Consider Bitcoin an investment, but also pretty much everything else. The only difference with Bitcoin is its high volatility in comparison to other "safer" alternatives.

If you truly think that Bitcoin is the way to go, do what you will, but you'll find it hard to spend your money without FIAT.

Nothing is 100% safe, for example BTC can be safe but the exchanges not that much,  so there much sense of security is lost, and that's just one example.
231  Economy / Trading Discussion / Re: Before and After the Halving. on: August 07, 2016, 08:58:25 PM
expectation about price bitcoin after halving over value
is much people buy much bitcoin before halving
before halving bitcoin price is high value so after halving you can see price bitcoin not up go the moon
yes indeed everyone bitcoin predict the price will be very high after halving. but all that does not happen, even decline continuously. however, now bitcoin prices start to rise again. we hope that this is the right moment to make bitcoin prices higher.

Yes, though no one had with the bitfinex hack would happen next of halving.
232  Economy / Speculation / Re: The panic dump is on! on: August 07, 2016, 08:44:52 PM
The value is beginning to slip, but I don't think that we're going to be seeing a definite drop in the value for a little while.

If you don't mind me asking, what caused this selloff though? It seems weird that is just started at some point and there wouldn't be an explanation for that.

What do you mean?   The bitfinex hack was sufficient reason to cause that panic, if this had happened before
of halving the price probably would be at least $300 or $400.
233  Other / Off-topic / Re: 2017 Year of the Bitcoin on: August 07, 2016, 08:37:03 PM
of course it will be a year of bitcoin, i think bitcoin will become even bigger


I strongly believe that 2017 is going to be one of the year of bitcoin it is just the same like the past years that happened with bitcoin. Every year is a year of bitcoin so don't hesitate to conclude each year that it is going to be a year of bitcoin. And bigger positive effects are going to happen for next years.

True, every year has its peculiarities.
234  Economy / Economics / Re: Bitcoin or gold? on: August 07, 2016, 08:32:45 PM
though for me gold is a bad investment option because the price is nearly not moving and it is too boring, because of that i always choose to use only bitcoins and nothing else

There are a huge number of gold derivatives that will provide you with any level of volatility you may ever strive for. I'm really fascinated by people who don't have a slightest clue about gold and gold trade (read have never been there), but are nevertheless ready to pop up and say some bullshit about it. As they say, an expert is someone with an opinion and a word processor...

The latter is not even required if you have access to Internet, lol


Totally agree, 99% of people posting in this topic have no knowledge of gold and keep spurting incorrect "facts"

The usual crap includes :

1) Gold is difficult to store - A gold bar costing $43000 is the size of a smart phone, not hard to hide away safely.  If most of the bitcoin geeks here converted their bitcoin wealth to gold they probably wouldnt even have enough gold to make a tooth filling.

2) As above gold price is boring and doesnt move - gold is currently up 30% year to date.

3) Gold is hard to buy - There are numerous bullion dealers online - piss easy if you cant get to a physcial shop.

4) Gold is hard to sell - Either walk in to a dealer and sell on the spot or you can post fully insured and get paid the next day.

5) I.D requirements for buying - In the UK no I.D needed unless you spend over £5000 in 1 transaction or £10000 a year with 1 dealer.  Spread your buys around and no I.D will ever be needed.

6) I.D requirements for selling - In the UK none needed, I walked into a dealers a month ago and sold £50,000 over the counter no questions asked.

7) Legal tender gold coins are capital gains tax free, a big benefit for large gold investments over bitcoin.

8 ) Gold can easily be converted to cash in any town or city anywhere in the world.  Bitcoin is no where near that adoption rate.

9) The evil government will ban gold and steal it - How will they know you have it?  There are far more examples of bitcoin being banned in modern history than gold.

10) Gold degrades over time - no it doesnt

11) Fake gold - Dont buy it off some retard on ebay, stick to well known and trusted bullion dealers if you dont know what you are doing.

12) You can flee a country with all your bitcoin wealth on a memory stick not possible with gold - (a) I dont live a shit hole country so this situation is irrelevant.  (b) There are a lot of examples during wars of people bribing guards etc. with gold coins to save their ass.  As recent as "Desert Storm" pilots were issued gold sovereigns as part of their survival kit.

13) Gold has no 3rd party risk - no computers, network, exchanges, electricity required.

14) Bitcoin is easier to spend online - Thats what I have cash and debit card for, my investments are for investment and not daily spending.

15) You can trade bitcoin online you cant with gold - yes you can, have a look at bullionvault or goldmoney for example.

16) Its easy to make lots of money with bitcoins volatility, cant do it with gold - If its so easy to make lots of money with bitcoins volatility then why arent you all stinking rich instead of spending all your time on here Wink

17) You can earn bitcoin through work, faucets etc. - Time is money, you can just as easily earn cash and just buy gold, its the same thing.

18) I would be very confortable having a significant chunk of my wealth stored as gold ready for my retirement in 25 years time, would you be as confident having the same investment held in bitcoin?

19) Security issues with bitcoin - trojans, worms, key loggers, hacked exchanges, scammers - Look at the number of people that have lost bitcoin on this site alone.  Show me any gold/silver stackers site with a whole section dedicated to scams - currently sitting at 124 page fulls here (you wont find one)



Agree, however about 1) Gold is difficult to store,  I think it refers rather to the fact that it is difficult to do surely, even of the size of a cell, a thing of value  is difficult to store more than  one thing worthless large, for example, in an apartment anyone doing the cleaning or something can  found and take your gold easily,
and when finally you realize  already been too late, also you can not spend all your time watching if the gold is there or not.
235  Economy / Speculation / Re: Bitcoin goes to 10 000 within a moth! on: August 07, 2016, 08:16:42 PM
That is so unrealistic speculation, it will never happen with the current market state and I believe it will only be possible in terms of percentage of increase to the shit coins of altcoins as it can be manipulated, but with bitcoin this is not possible and we are just living in our dreams with that kind of thinking, we have to move on now and focus on the present to make a realistic projection.

You are right. That is very wild speculation. I think $10,000 is only possible after 3 to 10 more years of adoption.

I think the $10000 price could only be achieved after more than 5 million people in the world use the bitcoin.

This is nonsense. We only need a handful of big whales to move their gold and stocks into Bitcoin to reach 10000 dollars. This notion of Bitcoin needing mainstream support in terms of usage is just not true at all. We need fiat, gold and stockmarket whales, not average joes with their poverty pockets. The joes will be the last to enter.

If the price of $10,000 is only pumped by a few big whales, the price is not sustainable. It will drop again.

Yes, a pump always results in a dump.

Also, within a month? we are 2 months later now, price is maybe 10 dollar LOWER then 2 months ago, good luck with the 10k for 1 bitcoin. Maybe over 20 years, if bitcoin still is alive we will get this prices, but i dont think that.



Also if price goes so high all exchanges could be targeted by hackers all time, that would be another major drawback.
236  Economy / Speculation / Re: The panic dump is on! on: August 07, 2016, 08:03:23 PM
this dump has already ended the second day it started. and I believe that the price will start recovering again after few days or some weeks. because i see the trend going up and did not reach its peak yet

Too much volatility in the markets due to loss of confidence anyway the big players most of the time win.
237  Economy / Speculation / Re: What is happening? on: August 07, 2016, 07:51:06 PM
Well Bitcoin price did recover slightly today; but I dont buy into this rise - could be a dead cat bounce

There will gradual rise of the bitcoin in the net few months. The Mt Gox hack caused 2 years bear market, the Bitfinex hack will not.
Because we are more stronger now, the Mt. Gox was many years ago and I almost forget it until you reminded it here, but we have move one ever since and we are now more capable of going to the future with a very good potential to get a massive adoption.

I heard that Mt Gox lost 850,000 bitcoins, which is 7 times more than the loss of the Bitfinex exchange hack.

Yes, unfortunately these events do not help for nothing, also add others big exchanges that  had other problems, willy-nilly investors lose confidence.
238  Economy / Speculation / Re: 400 will not hold on: August 07, 2016, 07:19:51 PM
that is not right  even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.

I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack.

The probability of that happening is not negligible.
All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures.
Unfortunately, when some exchange goes under, Bitcoin's price gets affected.

The price has become very difficult to predict when it is not one thing it's another.
239  Economy / Speculation / Re: It is Buy time! on: July 17, 2016, 10:53:53 PM
haha i will be very old after 50 years and it wont be that fine as i want to make money while i am young and spend it also ! but talking about bitcoin its just immortal as the technology is there and world is being digitalized day by day and soon it will become a global currency Cheesy
However I feel differ slightly with name immortal to its and technology, for example could be enough only see the tons of disused cell exist out there, and that is only an example.
240  Economy / Trading Discussion / Re: Before and After the Halving. on: July 17, 2016, 10:44:16 PM
Which is better: Invest my Bitcoin on legit mining sites and purchased power before the halving because it is currently cheap or save my bitcoin and trade it after the halving because its value might be doubled?

Better is to go after halving, because based upon the effect on the halving mining sites will fix the price. So accordingly you have higher possibility to get additional income.

What you said is right..this time it was very low value, when compared to 2009 halving.BTC

The higher price makes new investors more cautious, for example has been a long time and still has not been reached the $1000 again.
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