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321  Economy / Speculation / Re: Bitcoin in 2020 on: April 08, 2016, 02:41:10 PM
The bitcoin in 2020 will most likely be a lot bigger than every before, its already growing in users everyday and I think in 2020 there also will be a lot of stores that are accepting the bitcoin as a pay method.
The bitcoin will also most likely if its keeps like this have another halving in that year so that can also be a good thing.

Yeah that is true, if the supply of coins will be half in two every halving and the users is also increasing  there will come a time that we will be seeing a higher price than it is today..Lets just hope that  the number  of people who have interest in bitcoin would double each year so we can see a very high price when they are all holding a coin..


The bad thing of Bitcoin is that the value of Bitcoin is impossible to predict, so you never know what will happen later in the future with the value of Bitcoin so we can only wait for it and see.
I personally think that Bitcoin will have a higher value than now, so there will be also more people that is using some Bitcoins.
322  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: April 08, 2016, 02:35:47 PM
That is hard to say, because you never know what the value will be of Bitcoin so you need a lot of Bitcoin otherwise it wont be possible for you and you can become poor and that is bad if that happens.
Bitcoin is a currency and to predict a currency is impossible, so you need to find another option to live with Bitcoins.
323  Bitcoin / Bitcoin Discussion / Re: Is bitcoin being used for illegal activities on: April 08, 2016, 02:29:49 PM
Of course bitcoin is being used for illegal activities, Bitcoin is a good payment method for criminals and it is difficult to check them so that is good for the criminals they can buy some easily stuff or something.
But if Bitcoin is getting more popular there are more people will get to know about it and that is quite bad.
324  Economy / Economics / Re: Is it better to save money or invest it? on: April 08, 2016, 09:11:14 AM
I chose both (bitcoin save and invest). I can not put all eggs in one bed

and don't invest all of your money at bitcoin, better you save half at fiat currency or maybe you can buying pisychal gold or diamond..?

im save some amount permonth at my local bank.
If you are doing both it is good, saving money is always good because you wont lose money with it and that is also good for later in the future for you as a back up.
Investing is nice so you can make later more money with it otherwise you dont have some earnings and that is not that best.
325  Economy / Speculation / Re: When will bitcoin reach 500 USD again ? on: April 08, 2016, 09:06:10 AM
I wouldn't be surprised if BTC price will fall when halving happens. Everybody knows about halving and everybody who have a hefty bag of BTC and wanna cash out will wait until halving happens. And these people are holding their bitcoins now, thus making current bitcoin price higher

I is unavoidable, everyone is excited about it and everyone is into the profit, so the price drop after the dumping of coins will come, but I think it's not that much..Coz while some are selling coins, it doesn't mean that there is no one buying at the same time..
Yes the value is indeed not that best value now and you also can see that the value is now stable and people are negative about it and that is quite logic, the most people are hoping that it will rise.
I think that it will reach the 500 in the end of the year because the halving is coming so there is a chance that it can rise.
326  Economy / Gambling discussion / Re: How to stay away from gambling? suggestions ? on: April 08, 2016, 08:59:02 AM
What you can do to stay away from gambling is that you must do other things that you also like to do than gambling, and that you must realize that gambling is very bad to do because it is wasted money.
But it is not bad to gamble but you have to play with some small amounts so you wont lose that much money.
327  Economy / Speculation / Re: Bitcoin will be stable in 2020 on: April 08, 2016, 08:52:55 AM
the value is now stable around this time, and you never know what will happen after some 4 years and that is hard to predict because Bitcoin is a currency so you never know what the value will be.
I think that the value in 2020 is rising and that many people is using it in the future and that is nice.
328  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: April 08, 2016, 08:48:15 AM
To buy a house with it at where it stand right now you would need more than a few  bitcoins in order to achieve this or buy a few bitcoins and alt coins then wait until the end of the year, they might grow enough to buy that home after all  Wink

If we are planning to buy a house, at this moment we should have invest in bitcoin and keep it...With the price right now, when we are going to buy bitcoin and keep it until the year end, I think it's better to just keep it in fiat..But if we are going to buy house later on, say about 10 years from now, then I think it's fine to invest now in bitcoin..
It is good to buy a house of course, because if you are buying a house you will always have more money later in the future when you are selling that house after some 20 years and that is nice.
To buy a house you need a lot of Bitcoin otherwise it will be not possible I think, or the value must be high.
329  Other / Off-topic / Re: Are you buying bitcoins? Why? on: April 08, 2016, 08:44:20 AM
I buy BTC for a big price increase.
That is a good idea because sooner or later the price will have a big bump. The reason because of which I buy bitcoins is that I try to make all my payments and transactions with BTC , more because its irreversible. Whats the fun of having money when its not yours despite having in your wallet ( PAYPAL ).
People is indeed buying some Bitcoin, because they want to make some money with it and that is quite logic because everyone wants to make money.
The only think that is risky is that you dont know what the value will be of Bitcoin.
330  Economy / Gambling discussion / Re: Europa League/Champions League Lounge on: April 06, 2016, 03:46:25 PM
I am looking forward for tonight's game. Real Madrid against Wolfsburg. Real Madrid will win this I think they just have the better players. I think Real will win 3-1. 
331  Economy / Gambling discussion / Re: What's your biggest loss gambling? on: April 06, 2016, 03:44:17 PM
I was going to a real life casino because I do not gamble online. I played $50 and lost it all. I walked away and decided not to waist any more of my hard earned money.
332  Bitcoin / Bitcoin Discussion / Re: How to teach someone about Bitcoin on: April 06, 2016, 03:42:16 PM
Just invite them to your house and start showing them the basics. Make sure you let them look up information about Bitcoin. Bitcoin is mnot really that hard to understand.
333  Economy / Gambling discussion / Re: Gambling problem on: April 06, 2016, 03:40:48 PM
So many people in the world have a gambling problem. And they all have one goal to get rich with gambling. But it is just impossible for all of them to be rich.
334  Economy / Economics / Re: The future of the paper money on: March 30, 2016, 09:53:18 AM
I don't think paper money will be banned or replaced completely, Even in the current time where debitcards and creditcards are used worldwide still paper money has a significant use particularly in physical transactions, I think it would still maintain presence even if bitcoin or other internet-based methods go mainstream.

Yeah, i think so too. Paper money will lives permanently, because many people still use it. There are many places that don't have internet or technology that using digital money. So paper money is still good with them.
I think it's just a matter of time so the place does not have the Internet will be more advanced and modern. then the people there will try the internet no one people can resist modernization Cheesy
Paper money will have not a bad future in the value and that can be very good for the most people that is now already still using paper money, but the bad thing is that Bitcoin is now becoming more popular.
And that is also quite good for Bitcoin, but they have to know that you never know what can happen with the value later in the future.
335  Other / Off-topic / Re: Do you still believe in bitcoin on: March 30, 2016, 09:45:09 AM
Many people are believing in Bitcoin, because they are hoping that they can earn some profit with it and that can be also very good, but it is hard to know what will happen with the value.
I still think that Bitcoin will rise a long time in the future but it needs time and that is the only bad thing that is going to happen.
336  Economy / Gambling discussion / Re: How much you have lost in gambling? on: March 29, 2016, 08:28:41 AM
I only have gambled 5 times in my life. I have lost $50 in these 5 times. Every time I'd go I played $10.
My luck is just bad I have not won anything. But I am not gambling to desperately make money but just more for fun. 
337  Bitcoin / Bitcoin Discussion / Re: What's stopping people from using bitcoin? on: March 29, 2016, 08:24:21 AM
1. we aren't getting paid in bitcoin

2. nowhere to spend outside or even on the internet.

People just think it is to much effort. You have to put some time and money in it if you want to make some money.
And yeah you can not use bitcoin everywhere, you have to put it on a credit card but some people don't want to have credit card for some reasons.
338  Economy / Speculation / Re: is it time to sell? on: March 29, 2016, 08:20:16 AM
This is not really the best time to sell your bitcoins. But if you paid less then what you can make now if you sell it of course could not hurt.
But I would wait a bit longer for it to rise.
339  Economy / Gambling discussion / Re: NBA 2015-16 Regular Season Discussion on: March 29, 2016, 08:17:52 AM
Cool, looking forward to the start of the season. I have to stay up until crazy o'clock to watch the games though being in a different time zone.

Yeah, I pretty much have the same problem. This way I can not watch all the games because other wise it will mess up my sleep schedule pretty bad.
But I try to follow this season as much as I can. 
340  Economy / Economics / Re: When do you buy Bitcoin ? on: March 29, 2016, 08:14:18 AM
The time I buy Bitcoins is when the price is $300 or lower. But this is rarely the case. So when it does happen I invest as much as I can.
The barrier is at $400 so pretty much know when it's going lower that it's going to rise again.
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