It seems there are bad news all around with doom and gloom. Trade figures going down, jobs cuts, security situation not going well, and bad loans.
Is the economy situation in your country that dismal? Or this is just some fear mongering?
Well at this time,i can say the economy here is in a way steady. Not plunging nor blooming. There are certain industries here that are keeping the economy afloat like tourism and remittances from people working overseas. It's actually in a better situation than a couple of years ago but as i've said, i can't really call it strong and booming, just steady. in my country we are facing a little bit problems regarding economic situation. but hope that very soon we will overcome the panic and we will get some stability in our economic conditions. |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
People already panic and make a huge dump of bitcoin that's why bitcoin now is at 787$ dollars per 1 bitcoin i never expect that bitcoin will be down like before i never knew if i knew it i already sold my bitcoin and never hold them from my bitcoin wallet. Nope it will never affect traders and bitcoin this is the only way to make profit for them. Yes, they are panic of selling their coins because of the fast crashing of bitcoin but then for sure this will be back then. Just sit back and relax and bitcoin will rise because of its growing population and once the bitcoin population increase the demand of coin will rise so the value will be increasing again. in fact the demand of bitcoin is increasing day by day and that is the reason that we can now gee a little stability in the price of bitcoin, hope that when the number of bitcoin users will increase more then it will become more stable reliable and trusted currency of the world. |
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I didn't ever buy bitcoin. But with the current price for bitcoin I really regret that I didn't buy bitcoin on last August-September when the price dropped. I doubt we will ever see such price for bitcoin ever again.
Nothing has late even now if you want to get the profit which every user got with the previous price rise then you can get by buying now as the price came down a little lower due to bulk sale of different investors but once again the price will increase when people will start once again to buy for further investment. I buy bitcoins because its profitable its simple but really true, you can make a lot of money with just holding it. no wonder many bitcoin users are an investor seeking profits by investing in bitcoin. yeah true so am. because bitcoin is really advantageous. so I bought it We all want to make some money right and with the bitcoin this is easily possible by just investing so I think its smart to do too. actually bitcoin in fact the most easiest way of making money as compare to other day job or business, therefore people will like to invest in bitcoin. but still most of the people still do not know about bitcoin and they need proper introduction of bitcoin. |
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Those people just want other bitcoin holders to get panic and start selling their bitcoins so that they can buy it much cheaper. Those who spread rumours about bitcoins know the original potential of bitcoins. They know there are lots of new traders who get panic often and sell bitcoins quickly. Bitcoin has crossed lots of criticism successfully. So its better to avoid paying attention to such stupid posts.
yes i also think that it can be the main reason, actually these people want to buy bitcoin in a lower price and therefore they are spreading such kind of news in the market so that people can start panic selling and the price fell down.and they can get chance to purchase bitcoin in a low price. |
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Plan for the future maybe is to work hard to be rich someday. All of us I think wants to be rich so ill manage my time between bitcoin+ daily life and family bonding time. Also, I plan to have fun while working hard to be rich since life is short so I will enjoy it while I can after all I don't need to be rich to enjoy what enjoyment life has to offer, like yahoo said in his reply in this thread above.
in fact every one has the same intention in life specially when a person enter in real life in practical life. everyone what to earn as much as he can . so that he can lead a comfortable life. but for all these thing he need to work hare and go with a good planing. |
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Yes its really the future of the currency's but when this will really be seen is the question, I hope it will roll out fast.
I think bitcoin is reality of money already. It's not so long time stay to bitcoin be adopted as payment instrument on the government level. And I hope the price will come back on it's previous high point. in fact in some area bitcoin is uses as currency but in most of the area the facilities of bitcoin as currency is not available. therefore most of the people area people are using bitcoin as investment. but we can see that the number of bitcoin users are increasing therefore bitcoin will be the future of money. |
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Yes it is the best, maybe not the fastest. Faster is not necessarily better or more secure.
It is a good idea to hedge 5-10% of your Crypto holdings in promising Alt Coins for multiple reasons. One, you can still make huge returns getting in early in innovative alt-coins, and Two just in case Bitcoin is replaced by something else (I doubt it ever will).
I think that its indeed the best and that it only needs to be more secure and more anonymously that would be awesome and slightly better. yes i also agree with you, i think there is no doubt about this that bitcoin is the best currency of the world. and it is becoming more and more popular as the time pass. hope in future bitcoin will be use by all the people of the world. |
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A normal transactions you have to wait 10 minutes for a transaction to be confirmed.Some times transactions taking a long time to be processed by the network problem.It depends also which types of wallet you use and fee that you set.
yeah you are right that normal transaction time is 10 minute and i think its very fast transaction than other service or bank and there is maximum people prefer that bitcoin transaction is very much faster . Yes, to compare the bitcoin transaction time span to bank one I guess bank is defeated then, But I guess 10 minutes waiting is good enough to wait not for days to be confirmed and received by recipients. And to use this as payment method to groceries is a good Idea but just let the owner of the store be enlightened by what and how biticoin really works. For normal transaction this 10 min wait is ok, But in future, if we get a chance to pay our bills through direct bitcoin this waiting time is bit high. Already in some countries, people are using this facility, but in my country, it's not there, if it comes means the transaction time should be improved otherwise shop owners will not wait, and they will not accept bitcoin as payment. yes some time it really take a lot of time, this time must be reduce because some time when you want to buy some thing in open market and want to pay in bitcoin then it become difficult for you to wait while the shopkeeper insist for he payment, therefore the transaction time must be minimize. |
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if u say signature campaign is the worst way to making bitcoin its easy for you then, cause in most countries that their local currency is very low, how do u expect their skill payment to be able to buy one bitcoin in a year, but with signature campaign u can have something close to a bitcoin or even more than a bitcoin in a year...
signature campaign do not pay you to become rich. the can only give such amount of money that can be enough for for your pocket money. so if you want to make more and more money then you should try to invest your money in alt coins and from there you can make a good money . |
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No it won't. The block reward is halved each time. It creates more demand for miners and this way we will see a rise in price. If many miners quit, it would be easier to obtain reward and others will begin to mine. This system replenishes miner numbers.
yes that is right to say that if some miners even stop mining still some people will continue and then their reward will also increase. this system will even continue even in a better way. and bitcoin is not going ti end. |
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Gambling is never an investment since its just a game with money involved unless if you decide you put your money to the house itself then its considered an investment and with that its somehow safe compared on playing gambling itself because you are on the house side which we all know who always wins therefore we could say that we could able generate profits when house is profiting too.
to me i think gambling can be consider as high risk investment. gambling is infact a type of investment but the most risky investment, because in gambling there is a very little role of your experience and your skill and you mostly depend on your luck in gambling. and no one can be lucky for every time. |
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The reason of most of the gamblers think that they are lucky enough
This is nonsense, no one thėnks that he is lucky enough to win. Actually it is your curiousity to test your luck or either your greed that wants to win more and apart from that I dont really see how you could be thinking that you are lucky today and might win anything from the house, that is just nonsense things to think about People want to win again and again and keep coming back, its all about the money and the greediness... and for every time they go back with a lost and again they urge to win and return their money back, but over all they remain in lost and it make them addicted, Additionally it is mainly the adrenaline etc. Yes the excitement is making a gambler to make himself addicted with it. And it is no doubt that they will just keep on playing again and again because they think that it is going to be a good day for them. to me the only reason to become addicted in gambling is the expectation to make money. but in fact gambling is one of the most difficult job of the world therefore most of the people cannot make money in gambling and they even lose their own money. yes that is a fact that they have more expectation form gambling for making more money. and in short period of time. but to me i think it is one fo the most difficult job of the world to make money in gambling. |
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I dont see why people keep risking their bitcoins into gambling knowing they will loose their coins into the short medium or long time, i do understand that be able to make extra bitcoins sound amazing, but the reality is another, we tend to loose money.
Exactly. But some people think they can make more Bitcoins through gambling and justify their gambling addiction by that. What a catastrophic mistake! How many times they have been told that one can't earn from gambling and still they stick to that stupid idea. i am not agree with that because there are some lucky people who do not lost even in the end, they continuously making good money and even they depend on gambling for their livelihood. |
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I see there is so many people trying hard to stop gambling their money because they've losing so much
If you not ready to lose your money, then don't even try to gamble!
You are right, many player in the gambling sites are quitting now but some are still doing it. probably, the major things happen to those who quit they really loss big amount of money. yes they may have quit gambling because of losing a lot of money, but i think quiting gambling is not such an easy job. and i am sure that they will come back and will join gambling again. |
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Need to be lucky to have profit in long term. Few gamblers can have this profit, most gamblers will lose money, it's inevitable. The casino needs to make profit and if players don't lose money they won't earn money.
For me it's not a good idea to try making this profit, there is a very low chance to become one of the few rich gamblers and I don't want to lose much money trying this.
i agree with this and only the casino and few gamblers will make profitable in long term unless that person have big luck in the gambling games but its not possible to have luck in every time we've gamble. i think we can not expecting to get profit in the long term and only playing gambling for short term. yes i also agree that gambling can be profitable but for those people who know the tricks of gambling those people who have good experience and skill of gambling and those who are also lucky enough. |
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When bitcoin price hits 10,000$, Perhaps we will not use traditional currency (cash).
Untill that time, we will be using smart devices to pay everything with bitcoin.
yes i can also hope so, but still it do not look like so, because bitcoin is not yet used by all the people of the world and most of the people of the world still depend on fiat and those people who are using bitcoin they also use it as secondary option and the as primary. |
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My main goal is to make investment. because by having bitcoin I can do some trading activities.
it is very profitable and I can do that wherever I am. bitcoin give me ease to generate income each day.
although bitcoin is created as a currency, but as the users of bitcoins are still very low and the facilities of bitcoin as currency are not yet available everywhere, therefore most of the people are using it for investment and so i also use it as investment. |
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I believe it absolutely can become a global currency. All we need is more time to make bitcoin more understandable, easier to use, easier to adopt, easier to trust. Who knows how long until that happens, but when it does, it will cause a revolution.
to me i think it already has become a global currency as bitcoin is using already in all over the world, you can see people in this form using bitcoin through out the world. but their number is still very low,hope in future the users of bitcoin will me many more as compare to the present users of bitcoin. |
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No i dont think bitcoin will totally rule over the world .it will be totally different and its limitations will be more than 21 million .all the government will jointly accept and i am sure that it will not be bitcoins at all.
i think still it need a good time rule over the world. actually bitcoin is not yes so much popular in all over the world, it will take a long time when all the people of the world will starting using bitcoin and they will give priority to bitcoin over fiat currency. |
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It will drop next years or next halvenings, using btc will become harder and harder as the time pass, so new currencies will start or increase in value
i think the price of bitcoin is not going down even next year or after next halving, it will continue increasing even in 2017 and 2018 also. i think there is still good opportunity to invest in bitcoin. |
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