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441  Economy / Speculation / Re: We'll be at 10,000+ by 2026 on: July 14, 2016, 08:06:52 AM
In 2026, mining would be very unprofitable. Transactions would take days or even longer and the bitcoin is going to die at that point.
Yeah it is possible that the price is $10,000 over 10 years but the price can even be higher because we do not know what will happen in the mean time.
I am worrying about that later because I like to focus on the present at the moment.
442  Economy / Economics / Re: The future of the paper money on: July 14, 2016, 08:01:44 AM
Traditional money in the near future will lose its function universal means of payment and will be replaced by electronic money. The main difficulty rejection of coins and banknotes lies not in the level of technology and in human psychology.
In e-money has a number of advantages and disadvantages. Banks and other electronic payments, bills and small change than financial institutions are much cheaper and easier to operate. The development of e-commerce further accelerates the process of eliminating the traditional money.
In the future it could happen, I know digital currency or e-money will rule the world as it gives us the convenience to transact online, and it would be easy to trace our transaction but paper money will not be out in the circulation.

But even then, you're talking about e-money in a form controlled by the government. Our economy and banking system is largely electronic already, but the control of the supply is still down top-down, from the Federal Reserve and the banking institutions it oversees.
That is the reason for bitcoin cannot be a future for paper money,at least that is my theory.
It cannot be,because bitcoin isnt controlled in anyway,by anyone.
So goverment would not let to erase the paper money,to get some crypto-currency,that they cannot even control in any way.
Yes it will be tough.  But btc will surely minimize the use of paper money. Coz it has many benefits over paper money. The govt won't let it happen and that's why it won't full replace paper money


The future of paper money is always the same, maybe the designs are going to change but the use of it is going to be there. And even the bitcoin is going to the trend. It is not going to change the use of paper money. Because paper money is being controlled by the government unlike bitcoin government is not going to control it.
Paper money is going to keep existing for a while because I think that we are just not ready yet for money to be only digital.
In the future they are going to make the change but they do not have to rush things.
443  Economy / Economics / Re: What if US Dollar Crashes? on: July 14, 2016, 07:55:59 AM
I was thinking about this, what if the US Dollar crashes like speculated by many renowned economists around the world?
What will be it's affects on the beloved currency, BTC?
If the US Dollar crashes then the Bitcoin users who like to sell of the Dollar have to find a other currency to sell there coins for.
Not sure what the solution is going to be but it will be a real problem.
444  Other / Off-topic / Re: Save you Bitcoin for your (grand) child / children? on: July 14, 2016, 07:51:48 AM
Bitcoin is a long term project. Therefore is makes sense to save small parts over a long horizon. Do you save Bitcoins for your (grand) child or children?

For those who do not have (grand) children (yet), would you save Bitcoin for them if you would have (grand) children?
It can be a good thing but I think that it is way better to make money with Bitcoin and leave cash for them behind.
You will never know what it going to happen with Bitcoin in the future maybe it will disappear.
445  Other / Archival / Re: Do you use bitcoin as currency or investment? on: July 14, 2016, 07:47:00 AM
I use it as a currency to get what I want right now.
Maybe that will change in the future but that is what my standard is for now.

I also use it as a currency because you can buy all kind of things with the bitcoin and they are mostly also cheaper.
As example you got some games here in digital goods that are way cheaper than on steam.
I make use of Bitcoin as an investment and not as an currency if I want to buy something I will use my credit card or cash.
It is just a waist to me to be spending Bitcoin when the value can go up.
446  Other / Off-topic / Re: Why are you investing in Bitcoin? on: July 13, 2016, 09:31:32 PM
I am investing in Bitcoin because I am here to make some extra money on the side next to my normal day job.
Using Bitcoin as an extra income sure can help you out so I really suggest it.
447  Economy / Gambling discussion / Re: What are your favorite gambling games? on: July 13, 2016, 02:55:12 PM
I love dice games. Always have even when they started in html and in tor.

Dice is probably the game i've played the most. It's nice to play when you are bored. I've never tried the robot or automatic mode, since it takes away the joy.
But Poker is the game i prefer and with that it is my favourite game, even when we play it without any money at stake.
I think that I like playing poker and that it is my favorite gambling game without a doubt but I only play poker with my friends.
I cannot play it for real money because I just do not have the right poker face for it.
448  Economy / Gambling discussion / Re: Do Girls also gamble? on: July 13, 2016, 02:49:13 PM
gambling is not for men only, but there are many women who gamble, so gambling did not choose sex  Grin
That is very true but it is also true that in general men gamble more then money why I do not know maybe because we like to play games and also get the change to make money with playing.
There are some girls that like to gamble I also have seen some professional female poker players.
449  Economy / Speculation / Re: What will be Bitcoin Price After 3 months? on: July 13, 2016, 02:44:24 PM
Dear Members,

What you guys think about Bitcoin's price after 3 months I mean on April 2016.

Please let me know your speculation about this.

That is hard to predict you cannot predict the price of Bitcoin that is ahead of you that is just impossible to do.
The halvling is coming pretty soon and the only way we can come behind the answer is to wait it out and see for our self what the price is going to be.
Not sure what the price is going to be like after 3 months but I hope that the price has risen because I want the price to be $1000.
I am somewhat excited for the price after the halving because the halving has been hyped up fro some time now.
450  Economy / Speculation / Re: Your predictions for 2016 on: July 13, 2016, 02:39:58 PM
i think that in 2016 we will reach a new all time high because of the bitcoin halving
I predict that after the halving is price is going to reach $800 because it almost happened but now it will happen.
Maybe at the end of 2016 the price can even be higher, I think that the price can reach $1000 at the end of 2016 if not then it will happen in the beginning of 2017.
I think that it is possible for the price to reach $1000 at the end of 2016 but if it is going to happen that we have to see.
I think that the price is going to reach at least $800 I am pretty sure of that without a doubt.
451  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: July 13, 2016, 02:31:06 PM
If I answer you no then I'll be lying. Even though my hope is for us to see 1 btc equivalent to 1 btc some day with the price of fiat mean nothing to us, the current movement of the price still gives us the indication in how well accepted btc is and its demand. I do agree with your reasoning but until the I will still closely follow the btc price movement.
The Bitcoin price is super important because that is hat is attracting most people whether they should buy or sell their coins.
The price and the fact the you can use it as an investment is what is making Bitcoin so popular.
452  Bitcoin / Bitcoin Discussion / Re: Buying Drugs with Bitcoin ? on: July 13, 2016, 02:26:36 PM
Anyone bought drugs with bitcoin and what are you thought on the subject ?

i know i have used bitcoin to buy psilocybe cubensis thank you bitcoin i cold have not done this without you now i can trip watching corry & eastenders in the evening its such a sight.
I am sure that there are people that want to buy drugs with Bitcoin but I do not think that it is going to be possible because of the fact that Bitcoin is anonymous.
I think that the government is not going to allow this thing to happen.
453  Bitcoin / Bitcoin Discussion / Re: Buy stuff for bitcoin and sell for profit on: July 13, 2016, 02:22:16 PM
You need to buy the Bitcoin it self and hold on to that for some time and try to sell it later when the price is higher and you can make a profit.
That is the way to make money with Bitcoin and not buy stuff with it.
454  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: July 13, 2016, 08:46:14 AM
I have noticed so many players are just gambling for the sake of profits only. But majority of them loses most of the games eventually as they are not smart players.

So how should we gamble in a smart way so that we do not get more frustrations due to continuous losses?
There is no way how to gamble in a smart way because you are not going to up your chances of winning that is just not how it works.
You will have to play by the casino there rules and there is nothing you can do to change that.
455  Economy / Gambling discussion / Re: Soccer Transfer Market 2016/2017 ! on: July 13, 2016, 08:42:01 AM
Andros Townsend => Crystal Palace
Gregory van der Wiel => Fenerbahce
Eder => Lille
Kamil Glik => Monaco
Higuain => Arsenal
Graziano Pelle => Shandong Luneng.



 

gonzalo higuan joint is arsenal realy and true or not,
is deal transfer finish, or only early negotiation

FoendyZ
It would be a good move for him and Arsneal because Arsenal needs a better striker no offense to Giroud but he is not that good.
Giroud can make goals but he lacks speed and creativity which Higuan has a bit more off. 
456  Economy / Speculation / Re: Price increase to $1000+ again soon. What will you do? on: July 13, 2016, 08:37:33 AM
If the price is going to reach $1000 then I am going to sell some coins for sure because I am waiting for this for quiet some time now.
I am not going to sell everything but just a couple because maybe the price will rise after that.
457  Economy / Speculation / Re: Next breakout in bitcoins price when will it be? on: July 13, 2016, 08:32:01 AM
I don't think this year we won't experience steep increase similar to that happened few weeks back. Gradual increase might continue to keep the price high and profitable.
Yeah the last rise was crazy because the price was rising so fast, but I do think that it is going to happen.
I want to see the price after the halving because that is going to decide what I am going to do next.
458  Economy / Economics / Re: How good are you at managing your money on: July 13, 2016, 08:27:15 AM
I am pretty goo at managing money, of every piece of money that I earn I save some money because saving that way makes it somewhat easier.
Saving is important because maybe something happens and you need to suddenly pay for stuff.
459  Economy / Speculation / Re: Bitcoin price will reach $4000 after halving ? on: July 13, 2016, 08:22:20 AM
The price of bitcoin is 653,52 USD after halving right now. I don't know is the price of bitcoin will increase again or not, but i hope it will increase.
I also hope that price after the halving is going to rise because I am really waiting for the price to be around $1000 so that I can finally sell some.
I do not think that the price is going to be $4000 after the halving we need more time for that to happen.
460  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Pokemon soon to merge on: July 13, 2016, 08:15:22 AM
https://news.bitcoin.com/pokemon-go-integrated-bitcoin/

This article has been viewed by pokemon fanatics and they are waiting to see what are the new features it has to offer. While bitcoin users are excited to have a new app that can earn bitcoins. But this is not yet available, as the article said, it is just a concept, a question or probability. The question on how and when will it happen still left as a mystery as they are waiting for a hacker to link pokemon and bitcoins.
If this story really true the it is going t be a great thing for Bitcoin because that Pokemon Go game is too popular at the moment.
If they are going to implement Bitcoin in the game then that is also going to be allot more popular.
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