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281  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: May 17, 2016, 01:12:31 PM
1000btc,  thats the btc i wish to have someday. I dreamed of that btc when i entered into bitcoin business.

OMG! atleast 10 BTC, I believe at that time bitcoin prices already exceed $ 500 so that I could be a millionaire Cool
It is really hard to know what is going to happen with the value of Bitcoin in the future because it is a currency you also dont even know what will happen and that is the problem.
But you have also to know that it can reduce so you need also a lot of coins for backup.
282  Other / Off-topic / Re: what you like best in Bitcoin ? on: May 17, 2016, 01:09:53 PM
The best I like in Bitcoin is that you can earn a lot of money with Bitcoin if you are doing right and that is hard to get that because it is also really hard to make some profit.
It can takes a long time until the value will be more and not everyone have the patience for it.
283  Economy / Speculation / Re: BITCOIN going up or down on: May 17, 2016, 07:50:36 AM
Bitcoin is going to be more worth and that is because it was already stable for a long time and that have to be chance soon so we can also sell it in the future with a lot of profit.
It was already stable for a long time so it is now the time and that would be nice.
284  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: May 17, 2016, 07:42:59 AM
Bitcoin wont drop to such value .Those price its just a dream for those who missed and didnt invested.
Bitcoin price now is consistently climbing to the top so I would say that it is a good indication that after the halving the price will be stable and would be high. If you have not invested yet, better think deed cause you might regret for missing the train.
The price of Bitcoin is really important and that is also the most important for the people who already have Bitcoin and that is because they want to sell it later with profit.
The only thing that you dont know is that it is really hard to know when the right moment will be to sell it.
285  Other / Off-topic / Re: Why do you have Bitcoin? on: May 17, 2016, 07:40:00 AM
Obviously i don't like paying full price when it comes down to bank transfers. Nobody does right. How can a simple 1k transaction with bitcoin just 30 cents, while a bank charges at least 14 dollar.
Where is this price difference coming from?

Well it goes into their pocket, which explains why the average bank makes billion dollars of profit each year..

that's right. the extremely low fees when you use bitcoin is one of the best benefits of using bitcoin and it is what most of the people see at the first usage of bitcoin.

it is also why so many people are speculating about the price and the halving because of the fees that might increase in case of no price rise in the far future.
The most used reason that people have some Bitcoin is that they want to earn profit with it and that can be bad for the most people because it takes a long time.
And as you can see now you see also that the value is not even going up so we have to wait a longer time.
286  Other / Off-topic / Re: Getting My First Whole Bitcoin? on: May 17, 2016, 07:34:32 AM
If you want to start to have a Bitcoin than you should know that it can takes a long time until the value will be more worth because it needs also time to rise.
And it can also takes a long time until you have one whole Bitcoin and that is also takes a long time.
287  Economy / Gambling discussion / Re: Why is gambling so addicting? on: May 17, 2016, 07:29:02 AM
It is addicting and that is because there are still a lot of people that is going to gambling because they want to make some profit with it but that is really hard because you need luck.
But it is bad if you are addicted to it because the chance to be poor is really high so that is bad.
288  Economy / Speculation / Re: Your predictions for 2016 on: May 17, 2016, 07:21:41 AM

I will say that in 2016 the price will have a great success, it will start to increase faster in the month of june and in july when halving will occurr it will cross $700 and will reach to $100 and after that it will be around that till the end of this year.
it allows, the most appropriate price at the end of this year probably is $ 700. although that's not too high, but I guess it was satisfactory

For me reaching a price of 600 would be both realistic and very high. A year ago bitcoin was dangling around 250 dollars, just wee what has happened  the past year.
It would be not the best year that Bitcoin can have and that is because it has to rise also and that is not happening now so that is not the best thing that can happen with Bitcoin.
But I think it will be better next year and that would be also better for the people with Bitcoin.
289  Economy / Speculation / Re: The future of Bitcoin on: May 17, 2016, 07:19:02 AM
I believe future of bitcoin is bright and shiny. I even think that will happen sooner then everyone expect. Maybe I sound a bit too optimistic but its the feeling I have. Maybe I`m wrong, I`m satisfied with current progress and its crazy to ask for more but I see endless possibilities of btc and blockchain.
I hope my feeling is right about this.

Bitcoins future is surely bright and it would be too much famous in coming time, though it is really famous right now but in near future the user database of bitcoin will increase a lot when new places and resources will start accepting bitcoin as a payment system.

Yeah the popularity of bitcoin is limited at a moment, but things will change in future for sure, only thing we need to have patience.
It is really hard to know what is going to happen with Bitcoin in the future and that is because you also never know what is going to happen with Bitcoin because it is a currency.
And that have to chance also because people want to spend it more so they can use it as a payment method.
290  Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase? on: May 17, 2016, 07:16:12 AM
It will be not the best thing that you can do with Bitcoin now around this time because the value is going to rise soon and it wont be smart if you are selling now.
So holding now is the best thing that you can do with Bitcoin so you can sell it later maybe with a lot of profit.
291  Economy / Speculation / Re: Is now a good time to buy and store Bitcoin? on: May 10, 2016, 01:52:37 PM
Yes it will be quite nice if you are making an investment in Bitcoin and that is because you can see that the halving is coming slowly and it will be also more worth indeed so that is nice.
And you better can store them now indeed because people with already Bitcoin are already waiting for a price increase.
292  Economy / Economics / Re: Why we should fear a cashless world on: May 10, 2016, 01:50:09 PM
There can't really be a cashless society that will function properly if it is implemented by people that can control where everything can go. I think Bitcoin, or some other similar system, would be the best platform for a cashless society.

Governments will not give up fiat and embrace Bitcoin, because they can control fiat, its emission and value. Banks will also not give up fiat since Bitcoin would make their business not needed. And banks buy easily governments.

So to have a fair cashless society the whole way to do politics has to change. A lot.

Bitcoin is getting more popular now around this time and that is because the world is also getting more digital and more stores are also going to accept Bitcoin so that is nice.
But the hard thing is that we have to promote it more to let them use Bitcoin as their payment method.
293  Economy / Speculation / Re: If bitcoin dropped to $1, what you do? on: May 10, 2016, 01:48:00 PM
much would depend on the reason why the price would drop that much.
if the cost of mining bitcoin would still be higher than that, it would make sense to buy more in expectation that the price will rebound soon.

if the price drops to $100 it's still possible, but I do not think that bitcoin will down to $1. This is likely to cause bad things.
I also think so it would be difficult for bitcoin to fall below $ 100. even to fall below $300 I was still in doubt. if the price falls below $100 any of course there are many reasons why prices may fall as sharp as it was. probably involving many users maybe Panic seling or other problems ?



The chance is really small that it can drop to that low and that is because it was already for a long time stable and it needs also time to rise so please have patience.
But one thing for sure is that it wont reduce for a long time.
294  Economy / Trading Discussion / Re: I've got $20k to invest. Please recommend! on: May 10, 2016, 01:45:04 PM
That is a lot of money and I think also that it will be better if you are indeed make an investment now but you have to also save some money for yourself for later that is safe.
So you will always have more money later and with making an investment you can earn money later.
295  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: May 10, 2016, 01:42:54 PM
Gambling is only wrong if you are addicted to it and when you are losing a lot of money and that is bad if people get poor of it and that must also not happen because that is bad.
But of course we all like to gamble but you have to know also that you have to be lucky with gambling if you want to earn money.
296  Economy / Speculation / Re: What do you think for May??? on: May 10, 2016, 01:40:23 PM
DO you think that Bitcoin will cross $550 in the end of May. because now bitcoin's price is going very fast so may be in the end of May bitcoin will be reached at $550 ?

yes i think that bitcoin have pretty large chances to go to 550$ at end of may because of halving, lots of people noticed that lots of people buy bitcoins these days only because of halving

they know that price will rise after halving so that is reason why they buy so many,  i am sure that they want to sell them later after halving for a lot and get profit
Nobody will know what is going to happen with the Bitcoin and that is because there are still a lot of people that the halving will be not even that high because it keeps stable for a long time.
And that have to change so we can earn profit soon when the price is rising so that would be also nice.
297  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: May 10, 2016, 01:38:04 PM
We should not have to sell our coins and have to use bitcoin as a normal currency for any purchase or for any transaction and in that way bitcoin will establish all over the internet and will have a good value with the passage of time.

Agreed. Just spend Bitcoins or save them! Don sell them for cryin' out loud!! They'll be mainstream soon enough. More a more place are accepting bitcoin all the time.

Indeed selling is never good and I think holding right now is the best thing you can do for a long or short term.
The bitcoin has on both ways a very good future.
Not selling your Bitcoin is a great way to drive up the value, especially is a lot of people do it all at once. Forcing buyers to burn through cheap coins and start buying more expensive coins artificially limits the supply, and can be good if a group of people are able to coordinate and withhold their funds that way. Of course something like this would have to be done on a massive scale, but it is possible.
Around this time it is indeed not that nice to sell your Bitcoin now and that is because there are now more people that is hoping that the value will be more worth.
The halving is also coming so that would be nice but it can takes a long time.
298  Bitcoin / Bitcoin Discussion / Re: Welcome To The Blockchain on: May 10, 2016, 01:35:37 PM
It is nice that people see that there will be more songs about Bitcoin and so there will be more people that will get to know about it and that is nice.
But of course we cant know what the value will be and that is the problem but lets hope that it will be more worth.
299  Economy / Speculation / Re: Bitcoin will hit $3k-$4k by end of 2017 on: May 10, 2016, 07:23:37 AM
I dont think that the value will reach that high value in that fast time and that is because you also can see now that the value is not rising that fast now so we need patience.
It was also stable for a long time and not many people like that but now they have to wait a longer time.
300  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: May 10, 2016, 07:21:10 AM
There are different types of jobs in which you could squeeze in BTC to go with what you're doing. If you are the type who's fixed on the computer the whole day, might as well find the time to join signature campaigns. If you have some knowledge and funds to burn, get your feet wet in trading. It's always better to just mix both if your schedule allows it.

If I got myself a lot of time in front of a computer with an internet then it is not just signature campaign that I will be in to. There are a lot out there that pays for this kind of currenct. And signature campaign will not pay for everything. But good suggestion though.
It is not that bad to go full time on Bitcoin but the hard thing is that you never know what the value will be in the future and that is the problem of the currency.
But it is also nice if you have just a daily job for back up and that is nice.
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