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2521  Economy / Economics / Re: Why Satoshi Nakamoto WON'T win a Nobel Prize on: October 20, 2015, 06:05:02 PM
I do not think that identity is not a concern for a noble prize as many people had won noble prize after their life also. So, may be noble prize would make Satoshi to unveil himself to the world. I'm very much ken to know him for his dedicated work for the financial world.

Yes. At least to receive the noble prize, Satoshi Namamoto must come out. But we can not push the noble prize committee for a prize for inventing the bitcoin system right now. May be after the huge success of bitcoin and financial revolution from it would make people to award Satoshi a noble prize.
2522  Economy / Service Discussion / Re: Tsu, the facebook alternative to add Bitcoin ? on: October 20, 2015, 05:09:00 PM
This is a video of an italian youtuber that uses tsu, where he explains how it works.

He earns almost 200$ every month.
This is a news to me. I'm not aware of an alternative to facebook. But it's a good thing for bitcoin community as we see they are integrating bitcoin for the users earning.
Making $200 per month would be a awesome earning I usually dream of it. But not at all possible for me with my current positions.
2523  Economy / Exchanges / Re: Now PayPal accounts can be funded with Bitcoin on: October 19, 2015, 01:26:23 PM
This is not good like it sounds. It is not direct support.
But in the end, Paypal will support Bitcoin, wait for it.

Yes I have been waiting for such a direct support from paypal last 2 years. Now a days you can easily fund your payza account with bitcoin. Same thing will be supported by paypal if they really believes in bitcoin growth. I expect by 2016 we will have such a service.
2524  Economy / Speculation / Re: It is Buy time! on: October 19, 2015, 01:22:16 PM
when sub 100$? Any manipulators here or only believers?

Sub $100? Keep dreaming buddy! That won't happen. Have you seen in the beginning of this year how quick we bounced back from lower $200?
You will only see sub 100 and lower to oblivion when Bitcoin would have some serious issue which can't be fixed.

Sub $100 will happen only when a major disaster happen or a flash crash.

Yes $100 is highly unlikely price. Only possible when a whale started to sell of his bitcoin hoardings. But that kind of situations will occur mostly in one or two exchanges and market will recover more quickly as current mining costing is more than that.
2525  Economy / Speculation / Re: Will we have higher fees and lower network security after halving day? on: October 19, 2015, 01:17:38 PM
I don't think that the transaction fees will be increased.
Basically the old miner (old mining rigs) will leave because there is no profit.
Or at least they will run just for fun and hobby or the profit is very low.
These with high-end technology like Antminer S7 will continue as the ROI is promising.


And your predictions will tend people to push for buy instead of investing in mining. That's the chain reaction would trigger another round. With the higher price, new miners will come in. The only much needed thing is new people for bitcoin community.
2526  Economy / Speculation / Re: I AM HODLING on: October 19, 2015, 01:08:59 PM
Yes I guess that's the best thing we can do for now, HOLD until a move downward that indicates downfall again of BTC. If you have a stack of BTC's then hold them like your true love and don't let got till right time comes Smiley

The true bitcoin lover will hold bitcoin even at the lower price this is not just because of love it's beyond love, that's faith in bitcoin concepts. I do see people who are consistently buying when ever they find a lower price. This gets them best average buying price.
2527  Economy / Speculation / Re: When will bitcoin reach 500 USD again ? on: October 19, 2015, 01:06:35 PM
I agree with the most popular opinion here (as per poll). The main reason is the incoming halving next year, and the secondary is ofcourse the fact that
everyone thinks and expects it to go up, so all you need is a little spark, and away it goes !

In my opinion, $500 level would be reachable within this year if the current trend sustained. Because of new money flow to buy bitcoin and the new exchange operations started, people will forget the old bitter story and the bitcoin may back into track of raising.
2528  Economy / Speculation / Re: Price rise? on: October 19, 2015, 01:04:05 PM
The recent price surge may be because of new exchange which was expected to boost bitcoin price as new revolution and the latest ASICs are another reason when the mining cost considerably increases people will prefer to buy instead of investing in mining.
2529  Economy / Speculation / Re: Will BTC reach $300 this month? on: October 19, 2015, 01:01:06 PM
I don't know but it is possible that $300 will be reached.The more important question however is if it will be sustainable.
I would be glad with hovering around $260-$270 for this month. Actual price is $30 higher than 4 weeks ago.That is ok I guess.Quicker rise will also mean bigger dumps and more correction.
Let's go up but not too fast!

Yes, even testing of $300 level is within reachable limit, the most important thing of sustaining at that level would be more important for further price rally. But current situations will tend the price more than $300 level for long term sustaining.
2530  Economy / Speculation / Re: new highs possible only after memory fades on: October 19, 2015, 12:58:42 PM
So you define the success bitcoin can have by it going through a speculative bubble. How sad.

Price of BTC is in direct relation to mass adoption, which we all want. So price-talk isn't that insensible.

But we can achieve anything by talking to convince. When people simply ignore something, the best explanations with proper example will do magic. Marketing people will do that. So, spreading the word on bitcoin definitely will increase the user base of bitcoin.
2531  Economy / Speculation / Re: What 2016 holds for Bitcoin? on: October 19, 2015, 12:37:50 PM
Many surprises would happen on 2016 as halving and new ASICs would come to mine bitcoin. Some government are bank may start accepting bitcoin will boost the value of bitcoin to moon. Overall 2016 would be a year for bitcoin and it's community.
2532  Economy / Economics / Re: Best way to make a living online? on: October 19, 2015, 09:49:29 AM
why not working freelancer sites for things like work into digital the full8 hours can get you a bit more than just BTC. like freelancer.com

Odesk also pays great for people who have established portfolio on their online careers and who are looking for a full-time online job. I have some friends working on it and as I can see it, the salary is enough to pay for their everyday expenses and monthly bills. Seeing that it can pay for everything they need, they can allocate a percentage of that salary in buying bitcoins if they want to have some investment.

Odesk has been renamed as upwork.
There are lot of freelancing sites which offers great earning potential across many skill set. Now a days people can get paid in bitcoin which would be more convenient for those who keenly earning bitcoin. Freelance jobs are best way to make online living.
2533  Bitcoin / Bitcoin Discussion / Re: Buying Bitcoin was a worst decision of my life on: October 19, 2015, 08:59:46 AM
Even though many people say is not worth if you invest in bitcoin, i was thinking what they said it's wrong. Perhaps now price bitcoin still low but bitcoin will increase more then now, soon.

Yes who are all thinking bitcoin investment as worst decisions, they all will feel like a best decision in life. Yes, there is a point of changing our thoughts when bitcoin hit higher prices. In 2016 the worst decisions would be praised as one of the most wisest decisions of your life time.
2534  Bitcoin / Bitcoin Discussion / Re: Do you trust the miners? on: October 19, 2015, 08:55:09 AM
ofcourse i trust the miners  Wink, i mean we are forced to trust them lol without them bitcoin would just fall apart. thank you miners Smiley

Yes, we are forced to trust them as they got the mining power.

Many people here worry on bitcoin miner like comparing them to meaningless government rules or central banks. More over, the halving also may get post pond if the miner unite against the halving. But we need to stick with Satoshi's plan. We need to bleive miners as a part of bitcoin eco system.
2535  Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase? on: October 19, 2015, 08:24:21 AM
I'm holding only a part of my bitcoins, not to offer for selling them right now, but when the price of one bitcoin increases to some unimaginably levels like millions may be I will change my resolutions. May be at the time I need not sell as everything will be available for bitcoin.

Holding only part of bitcoins will make you regret for your actions as you are materializing only half of your efforts. Believe in bitcoin it would become the future of world currency at that time you will feel for spending out your half of the bitcoins for very less prices.
2536  Other / Off-topic / Re: Bitcoin and Porn on: October 19, 2015, 06:35:29 AM
I think porn sites suffer greatly with stolen credit cards. so anyone running high risk processing is a very good candidate for bitcoin
That is actually a good point. online casinos also benefit from bitcoin because of this.

Yes who are all get affected my reversible transactions, bitcoin will provide them a greater feasible solutions. Not only stolen cards many people intentionally asking for refund after they have enjoyed the services. Bitcoin will be the solutions for them with it's non-reversible transactions.
2537  Bitcoin / Bitcoin Discussion / Re: How long did it take you to make 1 BTC? on: October 18, 2015, 06:50:02 AM
I'm still trying to get my first 1 BTC. I've bought my humble amount at $230, I expect to reach 1 BTC by next year unless the price drops a lot (hopefully not) then I'll seize the opportunity and get the rest cheap.

To get your dream one full bitcoin, please do not expect the price fall to enter into. All the prices are good price to buy and you can get a better average price if you get a chance to buy again at a lower price which seems impossible with current trend. So, act fast and get your first 1 full bitcoin. You can convert your effort also to a one BTC but beside buying is good for bitcoin system.
2538  Bitcoin / Bitcoin Discussion / Re: Another article spreading false information about bitcoin on: October 16, 2015, 07:04:36 AM
i am wondering how this kind of shit comes to newspaper.lol its just a crap who dont know a thing about bitcoin is spreading rumers that it is fake..what the hell he think of himself if i was in place of you i have just ignore this kind of things but i am afraid if it is in newspaper then it will surely leave a bad impression to noobs

Same here. I do not know who does not like the growth of bitcoin. It must be those who are in potential danger when bitcoin goes main stream of payments. They must doing this kind of actions to make people away from bitcoin technology. But no one can stop the sun with their bare hands,
2539  Economy / Exchanges / Re: Now PayPal accounts can be funded with Bitcoin on: October 16, 2015, 06:48:16 AM
This is a very good news to convert your bitcoin into fiat. Long back Vnbitcoin has provided this kind of bitcoin selling option with some fee. But now they have stopped buying bitcoins from us. I have seen Coinimal already has very good reputations among our bitcoin community now it's time for that to grow.....
2540  Bitcoin / Bitcoin Discussion / Re: What do you like best about bitcoin? on: October 16, 2015, 06:29:41 AM
some things
No identity theft
Send money instantly, anywhere, at any time
Funds cannot be restricted or frozen
No arbitrary limits or fees
No unapproved charges
No barriers to entry
1. Identity theft can happen if someone could have access to your wallet.
2. For now you funds can't be frozen but I expect in the future this could change, unfortunately, to bring bitcoin on a same level with other payment methods.

Not at all possible in a decentralized system.
With an online wallet services when you do not have access to your wallet private keys, they can do any restriction or freezing accounts are possible. But that's not with bitcoin functionality. Up to my understanding any restrictions or freezing is not possible as long as we believe in bitcoin is decentralized.
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