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2481  Economy / Speculation / Re: If bitcoin dropped to $1, what you do? on: August 20, 2016, 12:21:12 PM
Change to another coin cause for sure the reason why the price of bitcoin drops like that is it is been replace by other coin . But I think it is impossible because bitcoin has many investor that it can be easily be down to that low price range .

The only problem should be that all altcoins would dump together with bitcoin, as they are all connected to xxx/btc, sure some coin would boom and try to take bitcoin place but i really doubt the crypto world would be able to survice if bitcoin went down such to 1 dollar.
2482  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: August 20, 2016, 12:11:47 PM
It would be too risky to quit your job but it would be good for you if you would make use of bitcoin too.
Yeah! it is true that quitting our job is too risky as we might not succeed in focusing with bitcoin. Our job provides us a stable and consistent income while in bitcoin we might lose our money, that's the big difference for everyone who wish to go full time with bitcoin.

There are many people who are full time in bitcoin especially the traders who are making good money with it but to get full time on bitcoin you also need high capital to invest at initial stage.
Maybe you can say that because you are just hearing one side of the story, not all traders are making money because if that is easy we are all into trading now, it needs a good skills and knowledge to be successful if not we will just doing it like a gambling that we rely on luck alone.
Well agree with you not all trader are lucky to get more profit when they trade , other trader get big loss when they accidentally buy shit coin. And they just hold they coin even though there just loosing there capital but don't have a choice but to hold it than loosing so much money.
That is part of the journey in trading, there are coins that has a good potential to be big in the future but suddenly it becomes a shit coins and you will surely lose a lot of money if you do not know how to diversify your investment.

Diversifying your investment is the key in combatting some losses in your trades. Although I am not good yet in trading, (surely will within the year Smiley ) diversifying makes a lot of sense. Because if we put all of our eggs in one basket and that basket fell completely, then all of our eggs is gone.
Yeah, that's right and I am saying that base on my experience, I have tried to trade this coins name LIR and I put a decent amount because I think it is very promising but it does not work the way I expect it to happen so now I regret it and my coins are stuck because I cannot sell it for profit.
This is like a lesson to learn, investing into some altcoin may be profitable as well turn into a nightmare, this is crypto world, thats why people must remember bitcoin potencial income is huge for skilled people like developers and people who have projects connected to bitcoin, normal people will get a small income from bitcoin, soo real work is needed to all of them, besides its advantages against bitcoin.
2483  Economy / Economics / Re: Bitcoin worth to you or not... on: August 20, 2016, 12:08:48 PM
yes it really worth to me because to me bitcoin price will really increase too much and hope that it will give me a good profit which i cannot expect from fiat money, therefore to me  bitcoin is really profitable in coming future.
i hope that bitcoin price will increase either as it would give me some decent money then, though bitcoin is unpredictable so anything might happen
the current price is still fairly decent, let alone you get a free bitcoin and it was really a decent amount, because we can get a lot of money for free.
Very often a lot of talk about what bitcoin may disappear completely and lose all their savings. This is when it banned, but actually Bitcoin can not be regarded as a substitute for cash, as this cryptocurrency nothing to do with money signs are not allowed.

Bitcoin being banned will bring more attention and costumers, and they will pay more for the bitcoins, bitcoin isnt here to replace anything, as i believe and know, bitcoin is an extra option to do business, and its a new currencie that people are taking time to understand. Bitcoin system is showing that is possible to save money instead be and keep wasting it over fees.
2484  Economy / Economics / Re: Best way for steady income on: August 20, 2016, 12:06:09 PM
I believe the best way should be open some project related to bitcoin, but the sucess or not will be at costumers hands. If i had skill i would invest into formation soo i could develop anything, i really believe the developers are the easy way to achieve income and freedom, and if need they can get a job in real world as well and make both.
2485  Economy / Economics / Re: Big Crash coming on: August 20, 2016, 12:03:00 PM
3. Bitcoin won't be banned in western countries, in fact Russia is country being closest to banning bitcoin. Not because they hate it, or think it is harmful because national security can be harmed. 
But mainly because they are so insecure about their own currency - Ruble

Obviously, you don't understand how things work, especially in Russia. If the government decides to outright ban Bitcoin (which they still refrain from doing after so many talks and speculations, mind you), people will get seriously interested and may actually start buying into this thing called Bitcoin. Since it is considered as a given that if government decides to ban something like the US dollar (there were precedents), peeps get agitated, rumors start circulating - the conclusion inexorably being that the authorities wouldn't ban something which they weren't afraid of...

This is surely not what the gov presently needs, just because "they are so insecure about their own currency"

When the government ban the bitcoin, it means the bitcoin is useful and valuable. People will buy it instead.
But wouldn't speculator bring the price down as soon as a country bans it?

Banned substances usually gain not lose in price and value after having been banned, since you will have to pay a risk premium to those greedy speculators. Besides, the more things are forbidden, the more popular they become...

And one should never forbid what one lacks the power to prevent
I like your point, when bitcoin will be ban the more we are using it because we are not satisfied the reason why it should be ban. Maybe it will just be a threat of the personal interest of the government for their country to ban bitcoin as they are afraid it will be use widely and businesses like remittances and banks will no longer profit.
Thats why the most countries are trying to avoid take any position related to bitcoin, if they ban the interest on that country should raise if they allow people will use it to save their money, countries looks like has no way to avoid bitcoin impact.
Sure someone pumped bitcoin before halving letting several people dreaming with the 800 dollars or even more, people didnt realized bitcoin halving price should be around 500-600 dollars has nothing important besides halving happened to bitcoin.
2486  Economy / Economics / Re: panic selling on: August 20, 2016, 11:57:25 AM
The market didnt recover from bitfinex hacker, bitcoin were at 600 dollars and stable now looks like the hacker is dumping the coins, or people are scared to try to pump bitcoin back and the hacker dump his coins, makes no sense at all we be under 600 dollars, but well time will readjust the real value of bitcoin.
2487  Economy / Economics / Re: I'm not gonna sell any coin. on: August 20, 2016, 11:55:00 AM
Im investing small ammounts of bitcoin into some altcoins that i believe are under the real value, soo i will hold them till end the year atleast and then i will think what i will do if sell or wait a bit more, usually the savings returns good profits and almost without risk.
2488  Economy / Economics / Re: How to make 17 BTC out of 7 BTC ? on: August 20, 2016, 11:53:29 AM
Does someone has any suggestions how to make 17 BTC with 7 BTC starting capital in short period of time?

No investment is guaranteed to generate you profits in a short time. The only way is gambling, or trading in BTC or in another currency (but it's basically gambling as well).

Trading is absolutely not gambling, it surely has risk as well but not as much as gambling has, and it is proven that trading needs knowledge and experience which gambling has nothing to do with.
Can you find gamblers who can proudly say that they use their experience of knowledge to make profits with it? You cannot.
But you can find a lot of traders who are earning a living with it and that they can proudly say they are traders.

I completely agree. Gambling requires no knowledge and skill in traditional sense, trading does. But the two things that gambling and trading have in common is that for both you need a bit luck and both caries certain amount of risk.
Also, gambling doesn't give us a chance to withdraw the remaining bet amount while in trading, we can cancel our trades if they are in loss and withdraw the remaining amount.

There are higher chances to win while trading as many experts predict the prices correctly and let us know which currency pair to invest on and even it's the case with bitcoin trading where we can get an idea to buy/sell bitcoins which is not possible with gambling. However, many have managed to double or triple their income with gambling.

There are many people who are earning a living with gambling, but its not possible for all as everyone don't have that high level of courage to invest all their money in gambling.

There are many people who are earning a living with gambling, but the proportion of these people are just small number of all the gamblers.

Those people are in general the owners of casinos, that doesnt take any risk and collect their fees, real players able to gamble and live from it at bitcoin are small, maybe 1 person in 100 the ratio.
Doing trading should be safer as well sport bets, but each one has a risk associated to them, to double such ammount without risk its impossible.
2489  Bitcoin / Bitcoin Discussion / Re: Bitcoin: Does it have a POSITIVE IMPACT on your life? on: August 20, 2016, 11:46:07 AM
Since i know and im present at bitcoin i were able to set my financial investments, im no longer investing fiat into online world, just earning bitcoins and investing them. The only thing that i believe may be bad is that i like to read almost all threads related to bitcoin, soo im addicted to follow news about bitcoin.
2490  Bitcoin / Bitcoin Discussion / Re: What if POKEMON GO let people earn Bitcoin? on: August 20, 2016, 11:31:44 AM
Just forget about those, people interested into pokemons, if they catch pokemons and would be able to exchange them for bitcoins would be nice but wont happen, people wanna the pokemons to have fun, they arent here to make money, atleast the main insterest it catch them all.
2491  Economy / Speculation / Re: What if $1,000,000,000 is pushed into Bitcoin can the Price rise Up? on: August 20, 2016, 11:24:03 AM
Bitcoin must become an option to pay any kind of bills, companies must do trades based into bitcoin, as well adopt bitcoin to their payment system. Putting more money should make the market react, but the possible reaction would be people dumping their coins at the new value.
2492  Other / Off-topic / Re: 2017 Year of the Bitcoin on: August 19, 2016, 10:18:26 PM

hope it will be so, as we were expecting that the price of bitcoin will increase too much in this year and will easily cross 1200 USD level at the end of the this year, but i dont know why the price of bitcoin is stuck and is regularly trading in 570 USD for such a long time.

Don't desire for a easily path to $1200 since every sudden increase is always associated with large dump. Look at what happen when the price is experiencing such above $100 increase.

It's better we have such slow price increase so that stabilization will be form before taking a test to jump on the next bubble.

Exactly, its better to move ahead slowly and steadily to achieve the price of $1k or above, as if there is major pump in small time then it will definitely followed by major dump.

yes and anyway every year has faced at least one pump, even the 2014 bad year was pumped for bitcoin, so i see no reason to no believe in another pump for this year and the next one

Yeah we may experience one more price bubble in coming months, so I am waiting for that and I won't hesitate in selling my coins when I see some best price of bitcoins.
Yes this is the right time to buy some more coins.Selling is not a good option when prices are falling/Wait or buy are the two sensible option right now
In my opinion this is still not the best time to buy i doubt that the price will rise again near november or after november..
I just compare the graph from 2015 and i feel that it will happen again in this year.

I believe people pump bitcoin a bit for Christmas and New Year, atleast last year no real news to make the price jump, on the time people were talking about halving, but it werent the reason of the pump for sure. I believe it will hit the 700 dollars by end the year, currently looks the bitfinex hacker is dropping his coins.
2493  Bitcoin / Bitcoin Discussion / Re: Bitcoin without Altcoin ? on: August 19, 2016, 10:16:44 PM
Bitcoin history showed that who save and invest soon at a coin can collect later the profits, bitcoin has a long road crossed and the opportunity to multiply them are getting lower all days. Altcoin can make anyone rich or able to multiply their bitcoins faster, if were just bitcoin maybe bitcoin would be worthing more then now, but just some people would afford to buy it. With altcoin market we can exchange them to bitcoins, i dont see crypto world without altcoins.
2494  Economy / Auctions / Re: Hero member auction! on: August 19, 2016, 09:55:34 PM
I believe the best way you can try to sell this account should login at your hero account and talk with the person who gaved negative feedback, if you are right and the person made confusion you should contact those person, that way your account clean will get another value, i doubt there is any interest into buying a hero with negative feedback its useless.
2495  Economy / Auctions / Re: auction or sell the account sr member on: August 19, 2016, 09:52:25 PM
auction or sell the account sr member


Posts:   382


Activity:   280


My auction start price 0.03 BTC



Look people will ask you for somethings, soo lets save time, http://www.bctalkaccountpricer.info/ people take a look into the quality of post and where the most post are being made( select merchant to avoid the nick of the account to show off) and the most important will be if those account has a staked adress to it.
2496  Economy / Auctions / Re: {Potential Full Member Account Auction Starting From 0.007 Btc} on: August 19, 2016, 09:50:43 PM
Why no one listen when we repeat all days, the account sales are not well see by several people, and with the nick here they will tag the account, you should never put the nick off the account, i doubt you will be able to sell those account now, better close this thread.
2497  Economy / Economics / Re: What if US Dollar Crashes? on: August 19, 2016, 05:15:35 PM
Dollar may be the main currencie, used to almost if not all transactions it if crashes another currencie like eur would take the place, bitcoin isnt a option as all know bitcoin is not legalized yet.
2498  Economy / Speculation / Re: Time to sell? Or to buy? on: August 19, 2016, 05:14:29 PM
Well for sure this is a great moment to buy bitcoin, i believe that the bitfinex coins are being droped into the exchanges, bitcoin should had already recovered those bad new, but till the moment the price is quite stable at 500 dollars.
2499  Bitcoin / Bitcoin Discussion / Re: Chinese miners controls Bitcoin Bloomberg Confirms! on: August 19, 2016, 05:12:30 PM
We have several big companies located at china, and they have a lot of the total hash but saying they control bitcoin isnt the right thing, the early adopters has a word to say, and there are people with a good ammount of bitcoins not sold yet.
2500  Economy / Speculation / Re: If bitcoin dropped to $1, what you do? on: August 19, 2016, 03:19:33 PM
An unlikely scenario, perhaps the dream of many people.
it is basically impossible though i think i would sell when the price would be falling in order not to lose all my money

Sure as you all the bitcoin holders will dump their coins trying to avoid a big loose, but others would see the dump as an unic opportunity to get their bitcoin cheap and waiting it to get pumped has happens with others altcoins, but is almost impossible to bitcoin hit such value.
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