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4221  Economy / Speculation / Re: Price predictions for after the halving on: June 26, 2016, 11:32:26 AM
$1200 seems to be difficult to achieve after the halving, and if price reaches to $1k at halving then majority of people will sell their coins which will result in price drop after halving.
4222  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: June 26, 2016, 11:29:51 AM
Why that is never sell? You will not get a profit if you never sell you bitcoin , of course you will convert it into your local currency to get a fiat

If you want to earn profits then you need to sell it someday, as only holding can never allow you to make profits and if you are not grabbing the profits then what' the use of buying or earning it.
4223  Economy / Economics / Re: Is it better to save money or invest it? on: June 26, 2016, 11:27:33 AM
I believe that the price of bitcoin will rise again.

There is no way to tell wether the price will rise again or not, in fact the price has been keep on dropping and goes back up. This is the effect of the halving hype and sooner or later once we reach halving, the price could be going down sharply therefore dont tell something that you are not certain about

Many Bitcoin users believes that after halving price will go up. I also believe that the price will go up. Now going back to the topic if you have money better to buy it Bitcoin and just keep it in your Bitcoin wallet, It is the same as saving your money in the bank. But in this case you can profit more in the long run if you can wait for a period of time. Goodluck

Bitcoin could be considered as the best investment currently , what I actually mean as the best is that the return of investment is quite high compare to the other investment out there and you can literally 'save' your money in bitcoin however it is definitely not the 'safest' investment compare to gold

Its not the safest but at this stage we can afford to take that extra risk to earn best profits at the halving and that profits we can invest in gold later on.
4224  Economy / Economics / Re: The future of the paper money on: June 26, 2016, 11:24:57 AM
I think bitcoin will never replace the role of paper money. today people are already accustomed to using paper money, even a little child already knows how to use it. I think bitcoin will only be part of the Internet, or digital currency
bitcoin will never replace fiat or paper money. but I am sure paper money will disappear and be replaced by a new version of fiat? how bitcoin? maybe options available for fiat

Paper money will eventually dissapear because we are the innovation generation we started most of the innovating in the world, we will change the world to digital currency, even if that currency ends up just being the same ones we use today but just online, it will mostly be online! Cheesy

well your talking far into the future, yes paper will disappear one day and be replace by a money probably digital if the whole planet is capable of giving everyone a gadget that is able to use the said currency. but, rightnow and for the several decades to come paper money
will reign, bitcoin might be able to become alternate currency but that is for the best.
yeah I thought so that paper money will definitely be replaced with something more inovativ and more advanced course.
but all the people will not know when it will happen?
You cannot replace paper money because that is the simplest means in doing your transactions daily. People who does not know how to use internet will be comfortable in using paper money.

Paper money is still the best when it comes to buy anything physically, as there are many places where only paper money can take care of, and I think it will survive forever.
4225  Economy / Economics / Re: The Halving - Good or Bad for Bitcoin? on: June 26, 2016, 11:19:51 AM
As the title says, is the halving good or bad for the price of bitcoin?

The halving will decrease the supply of bitcoin, whole keeping the demand, so that would make bitcoin worth more.

But the halving will make mining profitibilty worse, meaning less miners, a higher trans. fee, and maybe causing a smaller demand.

What's your verdict?

I think bitcoin will still go up, as the fees might, let's say, double, but that's still a smaller transaction fee than through the banks...
The Halving is probably a good thing for the Bitcoin, because Bitcoin will be able to stabilize and even why not go up in value.
But I agree with you, the transaction fees will go up, you can use Bitcoin online wallets as Xapo that have no transaction fees but do not communicate the private keys to their users, so that it is not very secure.
Why would anyone share his/her private key, only fool will do that. On the other hand, the halving always do good for the bitcoin community because it always increases the price of bitcoins, that is important to make the miners stay doing their business profitably.

Yes and I think this halving will be really good and profitable for all the users, as price is increasing now and it will be reach at the best position at the time of halving.
4226  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: June 26, 2016, 11:17:44 AM
it's free 10btc to me wow thanks  Cheesy Grin Kiss Kiss Kiss Kiss

if you give me 10btc i will use it for holding it, until bitcoin reach $1000  Cheesy
Yeah holding bitcoin and selling it for $1k per piece will be a great decision because you can earn a lot of money without using your own money because you got the 10 btc in a giveaway(if he is serious on giving bitcoin).

I think he should not have to sell all of his coins, as the price will increase the whole year and the better decision will be that, he only sell the profit from there, so he will get a continuous profit.

if you have bought bitcoin lower than $300 then it is a good profit to sell at least a part of bitcoin to get some profit but only if you need the money. otherwise keeping it for the long time is better for making real profit.

Yeah if you are able to make profits at current price then nothing wrong in selling some of your coins and hold the rest for halving, as we may sell all time high at halving.

i say this because i did that myself, i sold some above $700+ and enjoyed the $520 profit that i got from my investment and spent some money and then bought back at the bottom again.

That is the best strategy to follow and making profits on timely basis, and it also depends on at what price you purchased your coins, if you see good profits then you should definitely sell your bitcoins.
4227  Bitcoin / Bitcoin Discussion / Re: Please teach me how to grow my bitcoin on: June 26, 2016, 11:15:37 AM
You should start your journey with signature campaign, it will start filling your wallet with bitcoins on regular basis, and once you have saved descent amount of coins, then invest that in trading.
4228  Other / Off-topic / Re: What do you do with your btc? on: June 26, 2016, 11:12:51 AM
Hello btc users! Just interested - how do you spend your BTC bitcoins?
Buy something, trading, maybe just collect and waiting for good price? Smiley
Of course I sold my big when BTC. I gathered done beforehand to fully grown. The big when I lay. I can withdraw through remitance😂😂
i dont think it is actually a really great thing to sell your bitcoins right now because the price of the bitcoin is definitely going to go up because of the soon happening halving event

i always hold my bitcoins to be honest in order to make some big profit in the near future, besides that i sometimes do trading in order to make money out of the bitcoins i have

Exactly, this is not the right time to sell, you can earn huge profits in future if you keep your bitcoins safe till that time, as price will be higher in near future.
yes in present time I can only hold my bitcoin and wait tell the time of halving. I think it is the best time to hold bitocin even good time to buy more and more bitcoin. because I think the price in preset time are very low as we are thinking about. so Its good time to buy more bitocin and wait for the time when its rate will raised to its high price.


If you feel that current price is good to buy then you should buy it, and if you have descent amount of coins then do not buy now, make profits at halving and buy after halving is done, as price will go low at that time..
4229  Other / Beginners & Help / Re: Doubling Bitcoin? on: June 26, 2016, 11:10:56 AM
I'm sort of new to bitcoin, I've made a couple bucks already from visiting ad sites, doing faucets, etc, but is there any other way to earn easy cash? Anyone got any suggestions?

how do you double your FIAT money? well that's your answer.
you try this sites. hashocean. because they said well that their site because the site as long as that, I do not know if how much is that true.
They are still paying , so nothing to worry . But we don't know when they closed and scam us.
Unless they have proof for bitcoin cloud mining , but where..?
But , they are still paying . Also beware of any cloud mining now they are like ponzi scheme rather than "mining"

If they are paying now then its well and good, but we cannot expect the same in long run, as its really difficult to trust those sites as may be in future they might run away with our money.
4230  Economy / Speculation / Re: I AM HODLING on: June 25, 2016, 09:56:24 PM
Holding is the thing you should now do because of the rising that are gonna take place this upcoming month.
The bitcoin has such a good future a head this year, its just that we need to have some patience now, that is the downside of it. Roll Eyes

Seems like it to me. Definitely need patience, but maybe not as much as we think.

Now we are not too far from halving, so we can afford to have patience for next few days, it will be good to see price going higher at halving, and if it doesn't then we don't have any other option rather then to hold for long term.
4231  Economy / Economics / Re: Bitcoin or gold? on: June 25, 2016, 09:52:03 PM
Its better to buy bitcoins not gold. Gold price is increasing slowly but bitcoin increases so fast, its possible to get a large profit in bitcoins so i am recommending bitcoins
That is the thing compared to gold, I think the main reason why it’s price doesn’t increase that much is because of the scar resources that’s being gained. Unlike in bitcoins, every single second there’s an increase of demand as the growth of it is happening everyday.

the increase demand on bitcoin only work on the long term, and with the halving, without the halving this current hype would not be there i think, i hope this increase is not just pure hype and there is something else under it, that will make it a stable value

I don't think that stable value of bitcoin will attract people towards it, but at this stage I would prefer to invest in bitcoin, only because of halving, as profits are expected to be achieved very soon.
4232  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: June 25, 2016, 09:49:40 PM
Well IMO bitcoin would not be as popular as it is if it had a stable price. Many use it for investment because of it's unstable price. If it have stable price, I don't think many will use it.
yes because majority people who using bitcoins want to earn some profit with trading bitcoin and i think this is common things everybody already know about that and if prices too stable i'm afraid people will start to leave it because bitcoin no longer profitable


Yeah people wants to make profits from it and that is only possible if there is price fluctuations, and if price becomes stable in future then majority of people will prefer to quit bitcoins, especially the traders.
4233  Economy / Economics / Re: Bitcoin Price Passes $750 to Hit 28-Month High on: June 25, 2016, 09:47:35 PM
As we speak the value of bitcoin is about 673 USD according to preev. I hope it will continue to rise more in this week and reach 1000$ later. If that would happen it will be nice.

It's pretty hard to think now that bitcoin will rise to $1,000 because many things are happening like halving, brexit etc. The price is trying to stay above $600 but it is very unstable. It passed $750 but fast was decreased to $600, hope this halving will increase the price back to $750.

It would be really disappointing if price don't touch to $750 at halving, as people are hoping to see the price of $1k at halving and it will be really frustrating if it even reach  to  $750.
Yeah but i think i believe that th price of bitcoin will still hit in this value and more price increase after block halving..
In $1k value for now its iimpossible right now to think that the price of bitcoin will hit in 1k value if we see that the price is increase and hit to 900 value
Expect for 1k value..

Not sure man btc is going to SKYROCKET after the halving, it could take a month but it definitely will go up in price, the price range im estimating is $950 but $1000+ is more than possible because of the price value now i expect 1000% increase.

Don't expect price hike after the halving as majority of community feels that price will fall back after the halving, so if you want to secure profits then selling before or at the halving is the best time.

I also expect the price to plummet once the block halving has taken place. It's not that unusual as people are hyping up the block halving like it's the only thing left for Bitcoin that can make the price increase.

Looking at the current situation I don't think that we will see higher price at halving, as price rise is too slow and it can definitely wont take to $1k price.
4234  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: June 25, 2016, 09:45:23 PM
Well man I think we shall sell our bitcoins anytime we want. Taking advantage of the price fluctuation is better than keeping it sitting for years. Well that way you earn more.
Definitely you should sell when you honestly feel like the price wont increase anymore

Do not waste your time though on stupid stuff like investing in cloud mining or anything like that.

But I think the bitcoin price will rise forever. It has limited number of coins, so it is deflationary, the price will rise as a result.

Price rise depends on demand and supply, if we find more users in future who are willing to buy and use bitcoins then definitely the price of bitcoin would be much higher in future.
Well i thing user will increase more and the price should be increase because banks here in my country planning to use bitcoin their partner business..
So we on't need to speculate how much will be the price of bitcoin if you are a marketer bitcoin is one o the trending currency and almost 50 forum mention this bitcoin..

Its really good to hear that in your country banks are supporting bitcoins as in my country that is never possible as banks view it as an threat to their system and a tough competitor.
4235  Other / Off-topic / Re: What do you do with your btc? on: June 25, 2016, 09:43:10 PM
I have my own strategy with Bitcoin Smiley
Some of BTC funds I invested in other online business opportunities, some of funds I invested in my own online business and rest of funds I keep in my BTC wallet.
In this way, I don't care much if Bitcoin price is going up or down, I know that I used my BTC funds in the best possible way.


I throw my btc into a cold wallet to make sure that i know my btc is safe and then ill wait like a week at a time just incase the price stabilizes at a good value then i can make some good money by just storing it and keeping it nice and toasty.

Its always good to save your bitcoins for future as we all know that price will go higher in future which will allow us to make good profits from the coins that we have saved.
you are save for the future? what if the price rises in the middle of the road? I mean high prices go up in just 1-2 months. is it you want to sell your bitcoin or still hold your bitcoin for future

Its always good to sell your coins when you are making profits from it rather then saving it for long term, as you never know what will be the price of bitcoin in future.
4236  Other / Off-topic / Re: Earning a living with bitcoin? on: June 25, 2016, 09:41:06 PM
im making 9.18 USD per day via cloudmining which im surprised, if only i get it higher.
link in my sig is what cloud mining service i use.
Lol people will not only depend income from mining alone. let alone to try mining you must have capital and you have to wait a long time roi. it was very frustrating for me. especially if the site being a scam
We don't know which site is genuine or a scam, we need to do lot of research before investing in cloud mining and for me its same like gambling, there is 50 50 chance when you invest in it.
4237  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: June 25, 2016, 09:39:10 PM
I have good number of coins at a moment and I am trying to collect as many possible for the future and I am sure that I can get rich with bitcoin by selling at higher price in future.
4238  Bitcoin / Bitcoin Discussion / Re: How is bitcoin most important to you? on: June 25, 2016, 09:36:54 PM
Bitcoin is also important to me its because bitcoin give me money to spend for my monthly expenses. And i think it helps me to reduce my financial problem.
yeah bitcoin is also very beneficial for me. bitcoin provides a great income and enough to pay for all purposes and the cost of my life. I do not know if bitcoin does not exist. bitcoin is very important to me

Try to keep on earning from it till its alive as we don't know how long bitcoin will survive but its really best time to collect maximum number of coins.
4239  Economy / Speculation / Re: Should I buy now? on: June 24, 2016, 05:22:37 PM
Bitcoin is around 560-580, should I buy or there's a chance that the bitcoin will hit a lower price any soon? What abou the bitfinex?
I've bought when prices were at these levels, see today the price has increased to nearly $ 100. I think this will continue till able to touch $ 1000

Yeah, yesterday was good time to buy as lately its started to rise again, so I don't think today is the right time to buy as price is comparatively higher.
4240  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: June 24, 2016, 05:18:55 PM
Never quit your day job to do this full time. That is stable income, this is not.
The price goes up and down to aggressively for that.
Trust me I have tried it  Wink
What source of income you made here? Isn't trading and building an exchange site profitable to make your living stable?
I don't think that trading is a process which gives you stable income,
and about exchange, it requires lots of computer knowledge and finding and fixing bugs and most importantly huge initial investment.

You are right!  Trading isn't a process that gives someone a stable income!  It is some form of investment where risk is almost as high as you were gambling.  And one shouln't quit his day job and make full time in BTC! Instead use BTC to supplement your daily Job earning.  If you have enough, you can setup a business and once, stable you can quit your job and may go full time on Bitcoin.

No doubt trading is risky but not as much as gambling, gambling involves only luck but trading can be done safely with a good strategy, but its not stable for sure, so to have stable income never quit your job.
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