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3461  Economy / Speculation / Re: Don't Buy Bitcoin. It's Going To Crash!!! on: July 05, 2015, 10:55:00 AM
Disappointed to see a thread like this from a senior member, these kind of threads are usually reserved for trolling noobs & sock puppets to annoy people & gain attention.
You're in a signature & avatar campaign too, this is a non constructive post.

As for BTC crashing, I've read at least 100 posts in the last few months declaring sub 200 coins.
I've seen loads predicting double digit coins. Where are they or do people just get off on pissing other posters off?

look at kwukduck, a legendary member who constantly try to bash bitcoin. op might also be an alt account of him, he has plenty.
3462  Economy / Speculation / Re: 3 buy signals hit, next stop $375 ! on: July 05, 2015, 10:52:32 AM
that's too optimistic. let's get to $300 first and hopefully stay near that level for a while. that's already difficult as we fall back each time.
3463  Bitcoin / Bitcoin Discussion / Re: Satoshi probably started a new coin. on: July 05, 2015, 10:49:00 AM
don't think he's spending time and effort on a new digital currency. even if he did, it won't come near to bitcoin as people don't fall for altcoins anymore.
3464  Bitcoin / Bitcoin Discussion / Re: Bitcoin is switching from investment commodity to everyday use[INFOGRAPHIC] on: July 05, 2015, 10:46:02 AM
the more people use bitcoin to pay for things, the more merchants will be willing to accept bitcoin as form of payment. i am very curious how this data will be affected once amazon accept bitcoin payments. volume will increase massively.
3465  Economy / Speculation / Re: Good time to buy? on: July 05, 2015, 02:19:43 AM
For the price to go up, we need people to buy. So yes, now is the time to buy Smiley

it is always a good time to buy, and never to sell(unless you like shorting all the time), this isn't the price target of bitcoin, if someone think that it is better for him to forget about bitcoin and return with its toilet paper...ops i mean fiat
now the previous weeks are definitely a good time to buy bitcoin because of the low price but this situation is not going to last forever. and it is definitely not "always" a good time to buy bitcoin. for example after the rally that it reached $1200 it was not a good idea to buy bitcoin. but nobody knows at the time.!

the big rally in 2013 was intense. people were trying to chase quick profits as the price was only going up. till the bubble bursted and people were forced to sell with a heavy loss to prevent even bigger losses. this year so far is a great year to buy bitcoin.
3466  Bitcoin / Bitcoin Discussion / Re: Today it is Greece. Tomorrow it can be you. on: July 05, 2015, 02:12:10 AM
I saw the Greece ATM picture on Reddit earlier, a very sorry sight for sure.

The situation over there (and potentially for what looms for other nations) is terrible, but I can hardly imagine citizens attempting to buy Bitcoin with their Euros. Surely it is getting access to the funds which is the problem in the first place.

Also I don't think that I would want to secure the majority of my wealth in Bitcoin, to even invest a significant portion I would need to full understand how I would go about procuring coin, and ensuring its safe deposit.

The fact that governments and banks allow for things like this to even come about is awful.

people should never invest the majority of their wealth in anything. 10% of your total balance for investing is more than enough. especially when it comes to highly volatile investments as bitcoin.
3467  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin really unbreakable? on: July 05, 2015, 02:06:54 AM
Nothing is permanent. It is very possible that something pops up down the road that will overtake Bitcoin. As of now there is no competition, but a superior cryptocurrency could gain massive popularity at some point down the road and make BTC obsolete.

well, the beauty of bitcoin is that it is opensource. we don't need to worry about another digital currency taking over bitcoin's place. bitcoin can get much better for global usage slowly once the need is there.
3468  Economy / Speculation / Re: [FANTASY] What if.. the Greek people choose Bitcoin/Crypto as a currency? on: July 04, 2015, 11:38:11 AM
the price would definitely explode to insane levels. it would show how capable bitcoin is a currency. no more having to worry about banks going down with your money.
3469  Economy / Economics / Re: Paypal Banned Greece! on: July 04, 2015, 11:35:02 AM
bitcoin is a great alternative for every one world wide. not only greece. but they are too late now. smart people would have bought bitcoin way before this drama.
3470  Economy / Economics / Re: Will Bitcoin 'save' Greece? on: July 04, 2015, 11:32:49 AM
nope. the only thing that can save them is when all countries write off their debts for good, which means greece can have a new start. but that's not going to happen.
3471  Bitcoin / Bitcoin Discussion / Re: WARNING: blockchain split on: July 04, 2015, 11:30:00 AM
glad i use the latest version of bitcoin core, not sure why people still use older versions as it doesn't require more than 1 minute to update the wallet.
3472  Other / Meta / Re: Satoshi Nakamoto is a member of this forum on: July 04, 2015, 11:27:51 AM
even if he is using an alt account, then what? no one knows which one is from him, and we'll probably never going to know that. he deserves his privacy.
3473  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: July 03, 2015, 04:36:42 PM
most definitely, yes. compared to other investments bitcoin has way more room for great profits. but the only thing is that most people can't hold their coins for long. as soon as they see the price increased with 50%, they will sell.
3474  Economy / Speculation / Re: My prediction for the next ~2 weeks on: July 03, 2015, 04:33:43 PM
It could touch $280 in the next two weeks. However, it does not matter for the long term price.

if you look at the long term price, and i mean real long term (5 years or more away from now) then even $500 or $1000 won't matter. by that time we'll know where bitcoin stands. or a lot less people will use it, or we will see global adoption increased significantly.
3475  Bitcoin / Bitcoin Discussion / Re: BANK BNP PARIBAS - BTC A new technology for the banking world on: July 03, 2015, 04:28:58 PM
it's not the first bank being interested in bitcoin/blockchain, and it definitely won't be the last. if one bank decide to actually use bitcoin, i'm sure others will follow. but for now most of them are just interested in the blockchain technology.
3476  Economy / Speculation / Re: Correction over. on: July 03, 2015, 10:14:26 AM
it is a bit strage that we are advancing so slowly buy building solid floors each time, it's like there is soemone with big money in play, that is helping this to become reality

he want to see bitcoin rise but he cannot build a strong pump in one session, hence he decided to increase the price in a more intelligent way, without arousing suspicion


a quick pump to high levels are over. it is basically whale throwing in a lot money to initiate the pump, and others benefit by selling it down to previous levels. slow rise is always better.
3477  Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy on: July 03, 2015, 10:10:54 AM
dont we all wish bitcoin was at 100 just to buy and buy in till we cant anymore, even with the worst news it didnt go pass 200 this year maybe talking 100 is a bit to crazy or just a dream.

It could reach 10k next five years.....

could be, yes. but for that to happen something extraordinary like bitcoin being tradable for everyone on wallstreet must happen. can't see bitcoin reach $10k without wallstreet.
3478  Economy / Economics / Re: A currency or investment? on: July 03, 2015, 10:06:45 AM
It's solidly in the investment column as long as assholes won't stop selling BTC for less than the All-Time High.

you as legendary forum member are aware of the mtgox/china +$1000 pump right? that was nowhere near a reasonable price. people can't hold their coins for ever just to make you rich.
3479  Bitcoin / Bitcoin Discussion / Re: Bitcoin, blockchains, and Kim Dotcom's Meganet... on: July 03, 2015, 10:02:00 AM
Kim Dotcom has grand plans! I like the guys passion, I remember reading the stories of conspiracy saying Kim Dotcom was the father of bitcoin!

I like Kim Dotcoms MEGA (Cloud storage) service and the way it encrypts files locally before uploading them.

kim is a great person and a great innovator. there also is a large group of people who don't like him. they keep moaning about him destroying the movie industry with his mega service.
3480  Bitcoin / Bitcoin Discussion / Re: What do you like best about bitcoin? on: July 03, 2015, 09:55:27 AM
like all other people, i find the fact that there is no central authority the most important. governments and other financial companies are ruled out.
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