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341  Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy on: July 12, 2016, 11:25:53 PM
I would like to see a big panic selling on bitcoin,and you may ask why?
I have converted all my btc into fiat  today,so i would like to see it fall really a lot.
I would buy more btc then,i would not lose trust to btc even if it would go back to 100$ per btc.
342  Economy / Gambling discussion / Re: Why is gambling so addicting? on: July 12, 2016, 11:23:35 PM
there is always addictive if you want something so badly and you don't get it in gambling all players want to win but if they lose they try so badly to recover and that how addictive start

Maybe gamblers are addicting in losing Cheesy they tend to lose when they are gambling. And maybe they like the way they are losing there money.
I don't know if that's it.
Or just the essence of winning big pot with high risk and the entertainment it gives.

This also could be a reason of peoples addicting to gambling. rich peoples how have lots of money they find different different ways to spend their money for fun and entertainment. they really don't care about money. but just because gambling is a very thrilling game. they got addicted to it and then can't leave it even if they want too..
This is very trappy indeed,because i have felt many times,i had a really small bankroll and i got it increased like 500%.
i did not get greedy,but i was encouraged by my luck- i have seen many low % bets working,so i decided to do big one with low percent.
343  Economy / Gambling discussion / Re: When gambling makes you cry. on: July 12, 2016, 11:22:03 PM
You can not find some person who never cried because of gambling. Gambling in spite of all cares and limited calculated bets at some point will let you make mistake. That can lead you some loss and you will cry. I have gone through similar situation not just once but many times. I repeated recently mistake yesterday and lost some amount.
i think i am the person. i cannot cry because of gambling. actually i am doing gambling from my pocket money and i do not care if i lost my pocket money because i usually estimate it and i do it in a limit. which i can easily bare.

That is good think there are a many people who do not care about their money no matter it is from the pocket money or from their earnings or from their parents money, and when they lose they again put some more money to recover that lost and in this way he/she lose all of their money and then nothing remain without crying.
If you are asking money from your parents to live that would simple mean that you are not qualified to gamble in the first place, it would be burdensome for you if you lose because you cannot afford it.
The first people into gambling definitely has a desire to double their money This is a case where many people can not be qualified to play gambling. such as poor people or people who do not have enough money. they to finance the cost of living was difficult.what if they gamble that has great risks to make them lose and I'm sure if they lose they thought this was the end of their lives

If we are only thinking to double our money that is why we are gambling then we will have a decent chance to win but in reality we dream of winning more because we are not satisfied to just double our money.
Im afraid that if you are crying/gambling makes you cry at some point,you are already addicted,
and you should look for some help from other people.
Because you won't cry if you loose money you can afford losing,but you probably will cry,after losing rent money,i know people like that,lol.
344  Economy / Gambling discussion / Re: Bitcoin Gambling is Exploding on: July 12, 2016, 11:20:50 PM
Bitcoin gambling is exploding, the reason is that bitcoin is anonymous currency and with that you will gamble while do not show your identity to any person and if your govt has banned gambling then you cannot be chased by any of them.
I have found out many people who claim that only bitcoin gambling is exploding,actually other branches of bitcoin industry dont.
I dont think this is true,if we can get more and more people using btc,we can get other branches expanded also,but i dont think that gambling is something special comparing it to other ways to use bitcoin.
345  Economy / Gambling discussion / Re: High bet amounts or low bet amounts? What is your style? on: July 12, 2016, 11:19:22 PM
I wonder if you just play for the fun with small amounts or if you roll big sums in hope to win a lot? What is your method?

If the chance of winning is 75% or higher definitely I choose to bet high amount, and when the chance of winning is 50 % below obviously I bet on lower amount. 
Sometimes it is just not worth it.
I like to risk sometimes my whole bankroll even on some low percent,i have done all in's many times on like 30% win chance.
 i know i need to get lucky but if i get this hit,i can easily get really a lot out of it,playing safe.
346  Economy / Speculation / Re: Bitcoin will never reach $700 again on: July 12, 2016, 11:18:26 PM
maybe $650 is possible
What?
We already got 650$,maybe a little less but the price is 650$ on average now.
By the way believe me,in 3 days we will get 700$ target back,im pretty sure about it.
true, the price of bitcoin has long reached $ 650, even more. all bitcoin users just waiting for the time when the price reaches $ 700 bitcoin. I guess if bitcoin prices stabilized at $ 700, I think it will be a new safe spots, and we will wait bitcoin prices reach $ 800 again.
looks the price are comfortable stay at around $650 and at this point the hope we can see the demand of bitcoin are increase because the block reward are reduced by halving of course the easy way is buy bitcoin on the market.
I think we are actually getting to 700$ again,very slowly,but well it seems like it is just happening.
700$ anyway isnt some long-term target,i would expect it to hit again in like 2 months i guess,probably not later.
347  Economy / Speculation / Re: Poll: What year will Bitcoin reach $10,000? on: July 12, 2016, 11:17:22 PM
I have just found that some guy was claiming we can have 50k$ per one bitcoin in 2020.
I have counted it also,and it would be like 7400% increase in 3,5 year,but let's just leave it.
I think 10000 USD per one bitcoin can be in like 2022-2023,but not earlier-that is my theory at least.
348  Economy / Speculation / Re: I'm dumping my bitcoins so you should on: July 12, 2016, 11:16:00 PM
In my opinion nobody famous should share his idea,to dump anything,unless he want's to get worse price.
If someone known in the industry is starting to sell a lot,everyone is panicking,which means the price will fall hard.
349  Economy / Speculation / Re: Bitcoin in 2020 on: July 12, 2016, 11:14:49 PM
i see but we can't guaranty that after 2020 the bitcoin will be priced 10.000 euro because its a market and we cannot predict exactly what will happen in further. if people keep working like they are doing now then yes in 2020 bitcoin can surely reach that limit

If there is no major flaw in the bitcoin technology, the price will be much higher than now, maybe $50,000.

50k is a little bit too optimistic but we may well see a price above 2k. But then again 2020 is a very long time ahead.
For that matter it could be gone too right?
2020 is only three and a half year to go.
And how can anyone predict bitcoin price going up to 50000$ in 2020? Remember that current is 670$ (current rate).
So it would be like 7400% increase of the current price in like 3,5 year.
No,it is not too optimistic,it is not even a dream.
350  Economy / Speculation / Re: It is Buy time! on: July 12, 2016, 11:11:42 PM
I heard this was the halving, so it might be very good if you buy bitcoin today, because it may be tomorrow, or next week the price of bitcoin will rise to $ 800, and you can sell it and make a profit, but before that you have to buy very much bitcoin to benefit very much

You're going way too fast now. The price will most likely remain below $700 this entire month as the is no real upwards incentive. Maybe that next month will bring some more growth.

I agree with that. The price will trade around $600 to $700 for a few months. Then it will rise suddenly.

That was what happened a month ago. The price consolidated for 6 months, it rose 60% in a few weeks.
yeah,but you have to remember that very important thing in any asset,is that it's value cannot rise constantly,it has to get a little bit down,to raise further,and keep goind to sky.
All is that is simply reversed,so the buy time actually depends on your predictions ( of course ) but you need to get it shot after some price fall,where we can see the continuation of the previous trend.
351  Economy / Speculation / Re: how much gonna be 1 BTC in a year? on: July 12, 2016, 11:09:56 PM
I think we will see 1000 USD per bitcoin crossed in december 2016,but probably it will get back to 900 usd or something close to it,
because this is just too high price for bitcoin in this year.
But i think we will easily have 1000$ per bitcoin in 2017,but it is not said of course,it may fall actually.
352  Economy / Speculation / Re: I'm All In - Sold My House! on: July 12, 2016, 11:08:41 PM
good on ya man!
That is a really dumb thing to do, to sell your house for some Bitcoins I know that the Bitcoin is worth allot of money but to sell your house for it is just crazy.
I hope that you can make enough money to buy your self a new house.
I think that it still depends actually,on what kind of investment you do.
if you want to gamble it,you deserve to go to mentally ill hospital,but if you are going to invest the money into something which
can yield you good % every month,then it might be actually worth to life poorer,but get bigger and bigger profit every month.
353  Economy / Speculation / Re: 2016 will be a boring year for bitcoin on: July 12, 2016, 11:07:10 PM
First months seemed normal, no crazy things happened, but the last period it has been quite exciting for me. I wonder what the rest of the year brings Smiley
I don't think that this 2016 is boring. As for me, I am always excited to open my laptop and go to sites to earn bitcoins. Slowly but surely I am earning from those sites that gives free bitcoins. And with the bitcoin halving only a few days behind, I am pretty sure that a liot of exciting and interesting things are going to happen.
2016 is not boring year for bitcoin at all,we had 750$ area,and it was 28-months high.
You call that a boring year? wow if yes,then i dont know what you guys really expect.
I smell 1000$ at the end of year,lets see what is going to happen.

The bitcoin price has risen 60% in the last 3 months. The halving has happened. The block size will also be increased.

And still OP think it's boring. He must be a mad man. 2014 was very boring, 2015 was quite boring and 2016 was probably one of the best years in terms of excitement.
Bitcoin's price and development did expand.
Well, you need to look for another one thread,i dont really remember who was OP and when it was posted first,
but i remember there is "2017 will be a boring year for bitcoin" and maybe the OP is the same.
if it's you op,how about just stop getting interested with bitcoin,how about trying this buddy?
354  Economy / Speculation / Re: 10 BTC. Will I be a millionaire by 2030? on: July 12, 2016, 11:05:59 PM
Haha, millionaire with 10 BTC. Sorry never gonna happen. In 2030 we have more advanced crypto's and blockchain solutions. Look at IOTA, they don't even use a blockchain anymore, but a tangle. Pretty cool.
i think that after 14 years will pass,you will notice that you were telling the truth today.
Because we are have already noticed that crypto-currency industry is getting really big,im not talking about ONLY bitcoin here,but also about altcoins and other solution in general.
355  Economy / Speculation / Re: Where do you see bitcoin in 10 years on: July 12, 2016, 11:04:01 PM
I think that in 10 years the major thing that is going to happen to bitcoin is that its user base will expand enormously. And I'm not even kidding, the scale of operation will be bigger than Paypal's or Visa's.

There is no doubt about this, because the economic system is doomed to collapse.
i think the same,im actually worried about the transactions,i mean about confirmation time that we may have in 2025 for example.
There will be that many people using btc,that confirmation time may be really long,maybe even close to bank transfers time ( but it will work at weekends ofc)
356  Economy / Economics / Re: How too get rich on: July 12, 2016, 10:59:02 PM
Start saving whatever you can set aside NOW, in BTC of course.
thats a great decision to make, in my opinion in this way you can make a lot of money really easily by just sitting and waiting for big price growths that will soon happen hopefully
I think the price changes will not make you rich. unless you buy bitcoin in the price of $ 1 a few years ago and you could sell this year when prices rise
yeah but we care about present and its very hard now to get rich with its price but also who knows bitcoin could reach 1 mil soon in few decades Wink

Which is why you shouldnt focus too much on bitcoin in the 1st place lol.

My entire day revolves around how to get more fiat then bitcoin, and you should be the same way.

If you know the valuation is going to take a longer anticipated time frame - then everyons sole focus should be increasing their fiat form.
It depends actually,sometimes it may be more worth it to concentrate to get more bitcoins than fiat,
if you are successful trader and you predict that price is going to get up,it might be a better choice to just try to get the biggest amount of btc it is possible.
357  Economy / Speculation / Re: BUY or SELL bitcoins ? What you prefer ? on: July 12, 2016, 10:56:50 PM
The price is increasing slowly. Its taking a long time to grow very bigger soon. If you are in need of money indeed now then can go for selling what you have. The price is stable between $600 to $750. I wish the price should go over to $900.
What time do you expect to see it happens?
I think that we may witness 1000$ before 2017,i actually predict that btc price will cross 1000 usd in december,and then it will get back to 900usd or something close to it.
358  Economy / Economics / Re: Why have Bitcoin instead of cash? on: July 12, 2016, 10:53:25 PM
The truth is that many people believe bitcoin is a potential investment, rather than cash. If there weren't so much volatility in the price of bitcoin, most people wouldn't be so interested in it.

Bitcoin still needs more time and many things to prove, to become a form of money that the majority of people would be using for their daily transactions.


Don't worry! bitcoin will be more popular later in the future and also more used and that is very good. The world is becoming more digital and that is very nice.
I hope that more people are also going to use Bitcoin and that it will be more popular and more worth that is also very important.
as you said,we already can see many changes in our world.
everything is getting smaller ( im talking about electronics ),simplier and easier to use.
We also see everything getting digital as you said,so i think we may have btc instead of cash,but maybe in like 15 years,it will be enough popular to complete this.
359  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: July 12, 2016, 10:51:57 PM
Working for bitcoin is not a problem, but the payment may be. The price being so volatile makes it hard to count that you can pay your bills
when they start coming.
well yeah payments in bitcoins would definitely be a huge problem in my opinion because a lot of people wouldnt want it as they wage might drop a lot in just a day

It is not difficult to get paid at USD rate but paid in BTC on the day. To reply to the main question no wouldn't quit my day job to go ful time in BTC I would accept BTC as payment though.

This is probably the most accurate main reason for people to stick with their jobs.

Because of the rate based on that day can or can not be matched back in USD  due the btc rate - its more of how much can you deduct your pay check being okay with.

I know some people go crazy over not having $5 on their normal paychecks so I can only picture people grumbling about the paid rate if they theres a difference.
That is the reason i cannot understand people getting so excited about having their salary paid in bitcoin.
If you will get paid weekly,and you will get it with a high price of bitcoin,it would be ok until the price of btc would not fall a lot.
And if it would,im pretty sure 99% of persons would be angry about it,because they have just lost money because of some "stupid" rate,am i right?
360  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: July 12, 2016, 10:48:43 PM
I think you need to know few things, bitcoin have not stable price and also your question depends on country where are you live, so noone can answer on your question.

Yes you are right. We also need to count how much is the inflation on that years and the price of bitcoin for the next 20 years and you predict it.
i doubt that there will be any inflation in bitcoin price, in my opinion the price of the bitcoin is only going to grow so i think you will need something like 100 bitcoins and that would be enough

The inflation will be lower then the fiat form eventually if the rate just keeps going up..

But the day the rate flux down - then thats when you`ll be having problems of the inflation and to be comparable to the dollar if thats the end goal here then it would have to be lower or match 1%.
Bitcoin is not inflating because it has limited supply which is 21 million, once we achieve to mine those expect the value of bitcoin to deflate. Only paper money is inflating because bank make you paper money as long as they want.

That is right. So the bitcoin price will rise in the future. First, it will rise fast to replace the fiats. Then it will rise as the economy grows.
You really think that bitcoin is a cure for poverty in our world? because basically,the thing that claim in your post,actually is saying about it.
Bitcoin is a strong currency,we see it a great tool but you cannot get over-excited and say that it is that great,it can finish fiat.
We may see something like this in some time,but probably bitcoin wont win this war.
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