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4321  Bitcoin / Bitcoin Discussion / Re: What do you like best about bitcoin? on: June 10, 2017, 02:39:07 PM
High exchange rate, that's what i like most from bitcoin at the moment. Just by selling 0.1btc i already have more than US$250. Very different from previous year.
Well bro to cherish more on your Bitcoin I would suggest that you still hold your Bitcoin for future purposes, what I mean about that is Bitcoin until now is not yet done in its price growth. So if I were you I would rather hold my position until I see that Bitcoin's price is unbelievable as we speak. Right now Bitcoin as 2800$ is still reasonable for investors to ride on. I would suggest that you sell your position when it reach 3000$ of value.
4322  Economy / Economics / Re: Bitcoin prices rise high on: June 09, 2017, 05:31:37 PM
Yes this is probably an effect of Bitcoin's price going up, but I don't really know if people are resigning to their jobs to go full time with Bitcoin, it can be a rather risky alternative because even though Bitcoin is price it can still fluctuate strongly. With the recent up trend new people are trying to enter our market making the demand bigger even more. So if I were you I will still hold on to Bitcoin until 3000$ mark is breached.
4323  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: June 09, 2017, 02:51:09 PM
I strongly doubt that this scenario will ever happen. Why? Because cryptocurrency is a currency by no country, meaning it is not regulated by any government. Being a decentralized currency will have a hard time being recognized as an official currency of a country. Also its really not matter of time because it will never really happen.
4324  Economy / Economics / Re: New rich people thanks to BTC on: June 09, 2017, 11:59:51 AM
If I would have known bitcon earlier maybe I'm rich now.  : Grin
I heard many stories about how bitcoin change their life and I envy them.
Now they living their life that they dreamt of.
Well success is not earn overnight so I hope I'm not late in learning of bitcoin.
And as bitcoin is growing over time I know 10 years from now we will be all miionaires!  Wink

Knowing it is just half of the action buying it is what will make you rich. Many people experience the same thing when they see something rise up and they did not been able to catch up with or ride along with it. I partly experience it myself as I only depend on accumulation rather than buying Bitcoin for investment. That's what my mistake not buying Bitcoin when it was priced below 500$ last year.
4325  Bitcoin / Bitcoin Discussion / Re: Buying Bitcoins now, At this price, It Isn't working on: June 09, 2017, 10:55:11 AM
That is right all you can do as of the moment is watch and monitor the prices because it is to dangerous to buy at this price point. What I mean about that is you will lose leverage because you won't have a margin of safety when you buy it. Having a margin of safety is important when you are expected to hold your position for a long time before selling it for profit.
4326  Bitcoin / Bitcoin Discussion / Re: What were your experiences with Bitcoin when you first started? on: June 08, 2017, 05:39:20 PM
HYIP :< got scammed 0.13 BTC, I was really angry at that time. After 4 times being scammed, I promised myself not to invest in HYIP program anymore.
And I advise everyone, DO NOT invest in any HYIP program unless it has just launched for a short time, you can earn a little because of that.
I somehow relate to you in fact before I even know this forum the way I earn Bitcoin was only through faucet and that is what I invest in HYIPs which is a big mistake in my side as it did not pay off as what I expected. I often lose the money I invested in those so-called investments in which I know is fake. But my lessons are learned in the hard way and I will never do it again.
4327  Economy / Speculation / Re: a 100-150 jump in price daily is avg for volatility of btc on: June 08, 2017, 03:59:55 PM
I don't think that the volatility of Bitcoin is normal, what I mean about that is Bitcoin as of now a 150$ change in price daily is about 18-23% price change depending on where you count it on. But that kind of price change cannot be defined as normal, we can translate it to that traders are still being indecisive with how Bitcoin's trend is going. What I mean is people are still on the verge of identifying the trend yet.
4328  Economy / Gambling discussion / Re: 2016/17 NBA Season on: June 08, 2017, 03:23:16 PM
I hope Durant is happy with his decision of spoiling the NBA for the rest of us.

Who wants to see a full season of this again? no competition or effort whatsoever, they are invincible and I can't even think of a roster that doesn't involve Warriors players to compete with them. Sadly this is a new era for the NBA unless they disband this team. The same thing happens with Cleveland in the East but at least competition could come anytime. The Warriors are on another whole different level.

Era of "super teams". 2 MVP's on their roster. Durant and Curry. They are really invincible team. Klay being the 3rd man. I think they have combined for almost 100 points. So its 3 (Durant, Curry and Klay) vs 2 (James and Irving). I can't believed that Cavs let this one slip away, leading by more than 5 point with less than 3 minutes then GSW exploded with 11 unanswered point. I really think that no one can compete with GSW now.
Let us face it the Golden State Warriors are a better team then Lebron's Cleveland adding Kevin Durant to the same Warriors team is another tremendous improvement it is almost like a no contest even if they are playing on a disadvantage because its not their home court. I am not saying that Cleveland is not a good team but the Warriors are simply better than them.
4329  Economy / Economics / Re: Nobody Can Have Benefit From a Big Pump on: June 07, 2017, 03:27:14 PM
I don't think that is possible because. If Exchangers will not allow it then the price of Bitcoin will not go down it is similar to the market closing without any activity. What I mean about that is because of having no action in the buy and sell side then it would be common sense to think that the price will remain the same right?
4330  Economy / Economics / Re: So, you want to be rich? All of you ? on: June 07, 2017, 12:45:10 PM
I don't think that a world without poor and middle-class people is possible you know why? Because if everyone is rich prices will always adjust and increase because big companies will always take advantage of the situation, with that happening overtime everything would be normal again with middle class people and poor people again. That is how it works in this world.
4331  Bitcoin / Bitcoin Discussion / Re: What is BTC for you? on: June 06, 2017, 04:04:48 PM
Bitcoin for me is a very nice job. Because I love playing games before. I am underestimated and I want to prove that with my hobby. I will get the money. And now I am able to play games and earn money. Answer all those who belittle me
If you mean playing games and earning money is gambling then you might be at more risk in what you are doing. Gambling is not sure money for you because there is no guarantee that you will always win every time you bet. Also I don't think that you can describe what you are doing as a job because you really don't have any task or assignments in order to get paid on what you are doing. Let us be all clear with that. I won't put in my resume that my previous job was being a gambler.
4332  Economy / Speculation / Re: Will we ever see bitcoin lower than 1000$? on: June 06, 2017, 03:12:13 PM
Its hard to think about that of happening but its possible, there is always a chance of a massive selling happening together with a bad news will make it worst for Bitcoin holders but they have no choice but to sell their position in order to avoid more injury in that crash. But if those 2 are not combined then we may never see Bitcoin go below 1000$ in my point of view.
4333  Bitcoin / Bitcoin Discussion / Re: Give your child/ren a bright future! on: June 05, 2017, 12:26:41 PM

I think the way to give our children bright futures is with good education , and education needs a lot of money instead. One way to earn money is with bitcoin, by getting a lot of auto bitcoin our money will be more and more and can give bright future to our child

yes you are right making the bright future of your children is only possible by giving them good education and also the another way to give your children a bright future is that the parents also need to make some money for future of their children and they can also invest some money in bitcoin so that in the future when the price increase their children can make a good profit.
Yup the parents needs to be the provider in their kids future, they need to set the right place and guide them right through it. And in order for them to have a bright future is giving them the best education they can ever have. And for Bitcoin it is best for the parents to take advantage of it right now not for their kids but for the future of their family. By having Bitcoin earnings they will have the opportunity to gain capital for their business or investments.
4334  Bitcoin / Bitcoin Discussion / Re: BITCOIN IS BETTER THAN WESTERN UNION ? on: June 05, 2017, 08:53:13 AM
But that value is converted in US Dollar, which means Bitcoin alone can't compete with Fiat as of yet. If you counted all the US$ transactions from Visas, Mastercards, Paypal, and Western Union it will dwarf what Bitcoin has. Sure Bitcoin has defeated Western Union but we all know only a less of the population is using the remittance center now because they prefer other methods such as bank wires and online deposits, which is a lot cheaper and quicker than Western Union.
4335  Economy / Economics / Re: Why have Bitcoin instead of cash? on: June 04, 2017, 01:15:23 PM
Besides, Bitcoin is an invisible gold and do not be restricted by the customs.
Yeah clearly this is the reason why i have and use bitcoins instead of using real cash in purchasing online.Its tax free unlike real cash that taxes may go up to 20% of the price of the product you bought when they undergo in the customs specially here in philippines
If you buy goods abroad using bitcoin certainly will not be taxed. Maybe this can be applied in salary in every company. So you do not have to pay taxes for income lol

Taxes can be a major concern for the government in that situation. We always need to remember that Bitcoin earnings is taxable and by no any means are tax exempted. If the demand and usage of Bitcoin becomes more dominant in a country the government will start to find that they are getting less and less tax, and they will find the root cause of it and that is Bitcoin of course.   
4336  Bitcoin / Bitcoin Discussion / Re: How many ways are there to earn bitcoins? on: June 04, 2017, 11:51:56 AM
Recently, I've been trading bitcoins on btc-e, earning only a little, yes, very little, except the fees that btc-e takes.

Besides trading, are there any good method to earn bitcoins?   Thanks.
There many ways or method to earn bitcoin but I really don't know if it is a really good method such as bitcoin faucets, gambling. Investing is also good method for me because its reduced btc risk but for me trading is the best of all methods because you can earn faster in trading.
Well the only way to have a big earning in trading is to re-invest what you are earning to have a bigger capital on your trades. I know you need to sacrifice a few weeks of not earning anything because of it but the results will be promising for you because I think you are a good trader based on your experiences. Another option is to add more capital with your own money if you can't take sacrificing days without earning anything its just my opinion though.
4337  Bitcoin / Bitcoin Discussion / Re: Use Social Media for Bitcoin on: June 04, 2017, 10:49:38 AM
I don't think that social media marketing will be any of help for Bitcoin because Bitcoin is a currency in which is use for transactions and exchanges, how will a social media ad help Bitcoin in any way in the first place? For me Bitcoin is not some kind of product in which we need to advertise to spread awareness but what we need is the actual use of the currency to make people aware more about it.
4338  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][SNC] SunContract - Decentralized Energy Market on: June 03, 2017, 03:26:07 PM
I must say this is a very unique idea, especially the concept of 5d (decentralization). Interested in this project too, I have also shared it with my friends lets see the future. I hope it will not let us down.

Do you have something for the countries who are really backward in these kind of things? What do you guys have for them? Really wanna know!

yes this is a great project,but the countries who are really backward in these kind of thing will not consider this if it's not generating profit for them.
they will just stick to the conventional way because it has been generating them so much money

This is a bold move done for a new innovation of an Altcoin. As this might be the first at least what I think it is to be an Altcoin that can be based heavily on its projects. What I mean about that is the price of its cryptocurrency will surely depend not only on its demand but also on its projects that related to a decentralized energy market.
4339  Bitcoin / Bitcoin Discussion / Re: What was the value of 1 Bitcoin when you first mined/purchased? on: June 03, 2017, 11:57:12 AM
I actually came in quite late and I agreed because at that time I was able to navigate my way in, the peak period had been achieved already followed by a crash this I was made to understand by several posts on the forum to that effect. When I came, the price was around $700 and I was wowed not knowing that was just a tip of an iceberg compare to what is obtainable today.
There are no such thing as late when it comes to growth investment, yes Bitcoin as of today is more expensive compare to the price you have which is 700$ actually when you come in a little earlier you will know that Bitcoin fall last year up to 500$ which is a good thing for buyers and bad thing for sellers. Right now if you bought at that price level your money is worth more than triple. The question right now is how far will Bitcoin go this year?
4340  Economy / Economics / Re: New rich people thanks to BTC on: June 03, 2017, 09:40:59 AM
The key point to become rich with Bitcoin is just by simply holding it until you have a profit. I still can't believe that Bitcoin was just below 10$ in 2010 and for those who believe with Bitcoin ever since are enjoying the fruits now. The question right now is with its current price at 2490$ will another unbelievable increase happen 6-8 years from now? Its a major decision to sit tight in this kind of price range as we are taking a bigger risk compared to when it was price below 10$.
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