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3301  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: January 10, 2016, 10:57:57 AM
No specific plan. I save all my bitcoins. I do not spend bitcoins. I believe this will automatically will make myself rich.
3302  Bitcoin / Bitcoin Discussion / Re: How to present BTC to Newbies ? on: January 10, 2016, 10:56:21 AM
When there is a demand, there would be a will.
When many online shopping giants starts accepting bitcoin, bitcoin will reach to mass. So, we need to take steps to make online shopping websites to adopt bitcoin payments. This will present bitcoin to many new people.
3303  Bitcoin / Bitcoin Discussion / Re: How is bitcoin most important to you? on: January 10, 2016, 10:52:37 AM
I save bitcoin by buying on monthly basis. I put into bitcoin saving more than 20% from my regular job salary. This may explain how much bitcoin is important to me.
3304  Bitcoin / Bitcoin Discussion / Re: Name the Year You Became Aware of Crypto Currency on: January 10, 2016, 10:49:03 AM
I came to know about bitcoin in late 2013 after bitcoin hit $1000. I saw news about bitcoin then my friend explained me about bitcoin.
3305  Bitcoin / Bitcoin Discussion / Re: Did you know: You could buy a car fully paid by Bitcoins. What's next? on: January 10, 2016, 10:46:49 AM
No surprises for me, 2 years back some one had offered his house for dogecoin.
Everything is going to be available for bitcoin. Get ready for open bazzar.
3306  Other / Off-topic / Re: Are you buying bitcoins? Why? on: January 10, 2016, 10:41:22 AM
Yes because I want to benefit from the price difference, buy low price sell high price

I'm also do buy for the same benefits, but I believe instead of selling I will be using bitcoins for my daily needs. Yes I will hold my bitcoins for decades.
3307  Other / Off-topic / Re: Bank or Bitcoin Wallet? on: January 10, 2016, 10:31:44 AM
Why not have the best of both worlds and keep whatever you need in the bank and something on a bitcoin wallet so you could use whatever you need when the occasion arises?

That is what people are doing. I sometimes wonder if there could be banks which run with bitcoins , I mean you can deposit bitcoins there and get withdraw as bitcoins too. It would be really crazy idea but will be a future revolution Tongue .

IMHO, Banks should not be involved/emerged with Bitcoins as it will bring in centralization as they will keep all records and by some means, will also produce them to the governments if they ask them to provide...

Yes, banks in future will become as bitcoin exchanges. It may accept bitcoins as part of their deposit/withdraw functionalities. But will track how many bitcoin you transact.
3308  Economy / Gambling discussion / Re: Cricket match prediction discussions on: January 10, 2016, 10:23:50 AM
I have my bet on Afghanistan as well @1.92 but today I would prefer to make arbitrage if there will be any chance at any stage during the match.It seems betting on these odds will be suitable to make win on both teams later.

Yes I too will go bet on Afghanistan. They are better in both batting and blowing over Zimbabwe. I believe this match is a easy guessing for most of the gamblers.
3309  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: January 10, 2016, 10:21:50 AM
If you gamble once in a while for fun than it should be Ok but if you gamble to make lot of money than it is not OK.

But just for fun why should I gamble that too by spending some money?
For fun I go and play video games. I play gambling with low bet and find gambling is not wrong for me.
3310  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: January 10, 2016, 07:40:09 AM
Wow Rooney with a last minute goal from a penalty kick. LVG must part ways with United as fast as possible if you ask me  Cool What the hell is this so many boring games with almost no goals with these footballers is not normal.

Rooney goal really save gamblers from defeat I'm sure everyone thought they lost bets after 90 minutes of no goals until Rooney scored with penalty kick. This is called luck in the last breath  Cheesy


Well, then maybe not say Rooney saved us, maybe call umpire saved us. Because it was the umpire who gave penalty and once penalty is given chances of scoring it are 90% ( maybe more LOL )
3311  Economy / Trading Discussion / Re: Minimum to start on trading on: January 09, 2016, 07:42:12 PM
Like gambling, for trading also it would be recommended to have fair enough initial investments to flourish in bitcoin trading. I believe some 100 mBTC would be a better amount to start trading.
3312  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin 'real money' to you? on: January 09, 2016, 04:39:31 PM
I perceive it as real money, why would I not? I don't do stuff with it which I wouldn't do with fiat. I gamble with it, I use to and still gamble with fiat, I order stuff online with it, if I see something worth buying i.e. and that's it. I don't invest in Ponzis, I don't lend, I don't trade, which is why I am not bothered with price that much, I buy it, spend it and buy again.

So I use it completely as I would use fiat. I will think about price when and if I have enough to sell.

But I believe it would take some more years to make bitcoin as the real money for myself too. Because, without having full value of bitcoin, spending bitcoin would be a bad decision. Currently I am saving some bitcoin on monthly basis for higher values. Maybe in future I will use my bitcoin's as a real money.

Spending bitcoin wouldn't necessarily be a bad decision. You can always buy it back if you are bullish.
It is only when you spend bitcoin that bitcoin adoption increases.

Yes, spending bitcoin is not a irreversible action. You may get a better price to buy back. Buying and selling is more important to make bitcoin go main stream.
3313  Economy / Speculation / Re: 2016 crash has begun! on: January 09, 2016, 04:00:17 PM
@OP,
We are heading towards $500 these days, do you call this crash???
Or a reverse crash I guess??? Wink
Can you please explain where did you see this crash coming from???

Just watch the charts.. the crash seem to have been delayed but it's going down right now.
Sentiment is negative. Selling pressure is high. Fundamentals are weak.

Even everything are in favor of down fall, bitcoin prices are moving upward. That has happened many times in past. I believe that's the beauty of bitcoin prices. As you have described may be the crash had been infinitely delayed.

Infinitely delayed?
That must be good term to describe the present situation of bitcoin price movements. Bitcoin is trading right now very stable. I do not smell any crash.
3314  Other / Off-topic / Re: 2016, The Year of Bitcoin? on: January 03, 2016, 04:58:38 PM
It must be year of bitcoin

Look they are raising !

All heil BTC

Yes, Bitcoin is seriously rising, but, don’t forget that bitcoin raised above $450-500 in last year 2015. The same ratio might happen in 2016 also, it will just rise to a new heights. Let us wait and watch to enjoy.

But I don’t think Bitcoin has any year, Bitcoin is just volatile, it rises and fall, so nobody is sure of that. Maybe it will rise or it may not.
3315  Economy / Speculation / Re: $400 will not survive the weekend on: January 03, 2016, 06:49:14 AM
Point to which weekend on the calendar you're talking about.

I'm sure your team of analysts are busy masturbating in the staff bathroom as we speak.

He is talking about the January 2nd - 3rd weekend, given that the post was made on 31-Dec-2015.
We are seeing some relative stability in bitcoin's price over the last few days.

Yes, bitcoin price is more stable even in weekend holidays. So, there is no possibilities to break $400 levels to fall. The stable prices may lead to $500 in near future also.
3316  Economy / Speculation / Re: Predict the price for January 1, 2017 on: January 03, 2016, 06:45:23 AM
Price of one bitcoin will be in multi fold from today's price. I predict will go beyond 10 millions also. Practically 10k or above is highly possible in next one year.
3317  Bitcoin / Bitcoin Discussion / Re: Should i buy my first whole bitcoin on: January 03, 2016, 06:32:02 AM
If you have enough money then buying bitcoin must be a good idea. It can be either a full bitcoin or some mBTC also. Buying is alone important.
3318  Bitcoin / Bitcoin Discussion / Re: 1,000,000 bits = 1 bitcoin. Future-proofing Bitcoin for common usage? VOTE on: January 03, 2016, 06:27:00 AM
I believe we need to change the Unit for bitcoin time to time. Only the better understanding will decide the suitable unit. So, bits may become difficult when one bits will value $100, then satoshi will be a convenient at that time.
3319  Bitcoin / Bitcoin Discussion / Re: Do you prefer BTC futures trading or spot trading? on: January 03, 2016, 06:17:04 AM
I prefer to trade at spot price. because the current news will affect the spot price more quickly than the futures prices. So, I guess spot trading is easy and secured.
3320  Other / Off-topic / Re: DO YOU HAVE 1 BITCOIN? on: January 03, 2016, 06:13:00 AM
at the moment no as I spend my earning on a  weekly basis but if I get to keep my earning , I could reach 1 bitcoin in about 2 months


I too do not have one full bitcoin. But I'm not sure I will be earning 1 in quick time. I'm highly dependent on my signature campaign and faucet earning to earn my bitcoins.
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