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461  Economy / Speculation / Re: Time to sell? Or to buy? on: August 07, 2016, 01:48:24 PM
I think that nowdays it's time to buy, price is slowly decreasing and it's a signal to get some coins for future if price is not very expencive for you ofc.

yeah people will prefer to buy at a moment as price has lower down in past few days so I will go with buying bitcoins as if I sell now then it will give me lower profits.
yes i also think so, but the problem is that although every one is suggesting that is good time to invest and the price of bitcoin is really low and the price is going to increase very soon i can see that most of the people are investing money in bitcoin but the price of bitcoin is not increasing with the same with which it was falling down some days before, why is it staying in 570 round about i think it should now increase and raise to its previous position.

If you want to see higher price of bitcoin then you need to have patience as it will not reach to the moon overnight but if you can afford to buy and save it for long term then you will definitely make good profits in future.
of course you need patience with bitcoins, if you want to make profit with it then buy right now and wait until the price is going to grow a lot and then sell


I will not sell even when the price grow a lot as long as there is no price bubble. I might use some bitcoins.
The only thing you can make good profit is to hold your bitcoins and sell it  after many years of holding, anytime from now you can consider that a cheaper price if you are aiming for a long term investment, it is not necessarily that you need but directly but with continues savings you can make it.

Yeah saving is the right thing to do as it is expected that price will reach to the moon in future so if you have saved good number of coins they you can become rich with it in future.
462  Economy / Economics / Re: How to make 17 BTC out of 7 BTC ? on: August 07, 2016, 01:46:31 PM
Does someone has any suggestions how to make 17 BTC with 7 BTC starting capital in short period of time?

I think there is not any "perfect" law to make this "insane" return Smiley
the only way is try to gamble, but in a short period of time it's pretty sure you can only lose all!

Gambling is the fastest way to loose money, so its better not to invest in gambling, comparatively trading is safer if you are able to handle it smartly.
463  Other / Off-topic / Re: Do you actively spend your bitcoins? on: August 07, 2016, 01:44:48 PM
I am spending it online sometimes and also on gambling as there is no other way to spend bitcoins at a moment and so majority of them I am saving for future.
So you can earn bitcoin and translate into dollars for example and spend on anything.
I think there are still plenty of options for spending bitcoin. not just on gambling. You can still shop at amazon to buy giftcard using bitcoin. and you can buy anything there
Anyway bitcoin advantageous to buy goods only because of the fact, not to spend more money on interest, if one were to get cash. And so, I see bitcoin as a means to earn money.
Definitely, because it is more as investment rather than a currency, right now we are in the investment stage and we should put a considerable amount of money to take part of the bright future, this is our only chance to ride with the success with bitcoins so we need to also consider minimizing our expenses to maximize our investment.

To see bitcoin as a better currency in future we should use it as a currency and not as an investment as if no one will spend bitcoins then the price will never increase.
464  Other / Off-topic / Re: Are you buying bitcoins? Why? on: August 07, 2016, 01:43:09 PM
not yet, but i want to. first i need to check out how everything works and then if it is ok i buy some to start.

Just a piece of advice try not to but Smiley  Try to earn it so that you can experienced of how hard it is. Through this you can grow in this industry then if you think that your knowledge is enough then try to improve your earning strategies using those bitcoin you get or earned.

Earning is always better then buying, buying will require capital to invest and earning needs efforts but if you have earned it then you will be more satisfied in compare to buying.
465  Other / Off-topic / Re: What can i do with 3 Bitcoin? on: August 07, 2016, 01:41:31 PM
instead of trading there is no option to covert 3btc into 4 btc .
but as an alternative option you can invest your btc in trustee casino site . i hope this will be helpful for you .

Why is it that I am a reading a lot lately about this investing in casinos or gambling sites. Are there proofs of great profit in doing this? Havent tried this that is why I am getting really curious now.

There is no guarantee that you will make profits from casinos or gambling sites as genuine sites will never ask anyone to invest their money into it and will not prefer to share profits.
466  Economy / Speculation / Re: If bitcoin dropped to $1, what you do? on: August 07, 2016, 01:39:35 PM
Iam cry becase it bitcoin price dropped and down until one bitcoin price only one dollar
i think is bitcoin will die and disappear from circulation digital curency in the world

I don't think bitcoin is not going to die even the price is going to reach one dollar because good thing that is going to happen with it is that many bitcoin people are going to see the advantage of the dump price of bitcoin and going to buy a lot. And if that happens they are helping the bitcoin to make its price to increase again.

Yeah if price falls that low then every one will start buying coins and it will take price again to a higher level so I think there is nothing to worry even if price goes that low.
467  Other / Off-topic / Re: du you spend coins on real life. on: August 07, 2016, 01:37:52 PM
I wouldn't find it wise to spend the coins in real life considering their investment value, especially if you have a job earning fiat. I do understand it can be tempting to some and maybe in certain situations it would be okay. I'm sure I don't need to explain any further why it's probably not the best idea unless absolutely necessary.

Right if you can sustain your daily need by your salary in fiat then you think that bitcoin is a good business then not spending this into fiat is really a good decision you can work more on increasing your bitcoin amount and have a good profit in the future

yes at a moment we should save our coins for the future as price will be higher in future so if we spend at that time then we can get extra benefits from it.
468  Bitcoin / Bitcoin Discussion / Re: If no one spends bitcoin what might happen? on: August 07, 2016, 01:34:58 PM
If none spends bitcoin, the circulation of bitcoin gets decreased. This decrease in circulation reduces the price same as that what is happening now.
That's right but there are two possibilities in my minds, if none spends bitcoin, maybe they circulation will decrease. you don't need to forget the bitcoin is become rarely and there are possibilities for bitcoin to getting an increase the price if the demand is an increase but otherwise from that they will decrease if the demand is decreased time to time.

Yes if no one will spend bitcoin then it will surely have a great impact on the price of bitcoin, to make bitcoin a stronger currency we need to circulate bitcoin in the market.
469  Economy / Speculation / Re: 1 BTC = 1000$ in 2016 on: August 06, 2016, 11:46:48 PM
Hard to say but with the numbers the way they have been lately it is not looking to good right now to peg that number to price of bitcoin. That is about double it's value of what it was 2 days ago.
Even without the recent Bitfinex hack I couldn't see the price come anywhere near the $1000 price level.

I think if we see the price reach $800 that we have done a very good job. Simply because there is still a good amount of selling pressure on the market.

Yeah $800 price is good to hold and I bet if we reach that price in coming months then majority of users will sell their coins to secure profits and I think that is the right thing to do.

That is right. I think $800 price could be achieved in a few months considering the price is just $550 now.

We should not be worry about the present crash as it was the effect of bitinfex scam,  but its recovering now and it will increase in coming days when people will start buying again.
well i doubt that it was a scam as it was just a theft, though i must agree that the price is going to recover, im not too worried about my investment in bitcoins, i hold

Yup and to be honest bitcoins seeks the support from the users like us and if we stand tall with it then we will be seeing much more powerful bitcoin in future.
470  Economy / Economics / Re: I'm not gonna sell any coin. on: August 06, 2016, 11:43:41 PM
I think it might be a good time to use the bitcoin to buy Ethereum. The price of that coin is going high.
yeah, ethereum is a great choice right now because by trading it you can make huge profit, im trading it and i make like 5 per cent of my investment profit per day

Well thats a high income already 5% will make you 150% in the end of the month, i will use my altcoins to make some sport bets, i believe its the right time to make it as altcoins are depreciated.
Ethereum really is so profitable this past few days at least for us doing trading due to the big jump of price, we can easily make profit using a simple method of buy low and sell high because the price is so predictable.
yeah, i have made some money with it, though it is kinda risky to do trading with it right now because the price might start dropping really fast because of etc

Yeah ETH is going down at a moment and its facing really a tough competition from ETC as its price fluctuations is allowing users to make best profits in quick time.
471  Economy / Economics / Re: How many Bitcoin do you have saved? on: August 06, 2016, 11:41:16 PM
only about 0.4BTC, and I use to trade in order to grow and can be saved for the future, so I have some savings in the bank other than that I can use when needed.
I also just had some bitcoin only probably around 0.3 btc and I use it all for trading and put it on various websites course to earn interest or grow.
I'm not too often save bitcoin because after I got 1 btc. I will convert 0.8 btc to fiat and 0.2 btc to grow it again


If you have 1 btc then I think you should go for altcoin trading where you can earn half of 1 btc on regular basis if you hold good skills and at a moment altcoin trading is the best.

472  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: August 06, 2016, 11:38:04 PM
In a few years bitcoin will be the most popular currency in the world
I think it would sound impossible. in this world there are a lot of currencies of different countries with huge potential. bitcoin currency is small with a few users? I'm not sure a few more years bitcoin will become a global currency. unless someday bitcoin have users who reach the entire human



Bitcoin will be used by many people in future but it doesn't make it as an global currency as the usage of bitcoin is limited and most of the population is not aware about bitcoin yet.
473  Other / Off-topic / Re: Earning a living with bitcoin? on: August 06, 2016, 11:36:04 PM
I don't have much capital yet but I'd like to try sports betting with bitcoins.... done pretty well with real cash. Still haven't found my niche to be honest, but it seems there's many options out there.
Lol of course there are plenty of options out there for growing your bitcoin than gambling. Gambling is the last option when you have no other choice.
but if you live in bitcoin. I think you should avoid gambling. you have to use the method to get bitcoin which has a small risk


Exactly and if you are expecting to earn a living with gambling then only God can help you for taking that high level of risk as every one knows that gambling will lead to disaster in long run.
474  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: August 06, 2016, 11:34:08 PM
cold storage the most and maybe invest the rest. also buy some bitcoin books =)
I think it would be very unfortunate when you have a lot of bitcoin but you do not use it to get more profits dude. instead you use it to hold it in your wallet? I think it's very unfortunate but the choice is you. but I would advise you to grow your bitcoin. it was much better


The only way to grow your coins is by taking help of trading as it will help you in growing your coins on regular basis if you have good capital to invest at initial stage.
475  Other / Off-topic / Re: Where u use bitcoins? on: August 06, 2016, 11:30:04 PM
I'm using Bitcoin with my Steam and Xbox accounts, most of the time. It's hard to use it in a daily routine especially when there's no shop nearby accepting BTC as a currency. Also, on gambling websites if they count too.
yeah I also admit that I still have trouble using bitcoin and spending on everyday life. of course it is still very far from perfect. but I'm trying to
be able to do spending in bitcoin. like a purchase on a website and so on. but most certainly I will convert it to a fiat for other purposes


Yeah that's true, bitcoin is allowing us to earn good extra money but we cannot spend it wherever we want at this stage as spedinng of bitcoin is limited at a moment.
476  Other / Off-topic / Re: What will you do if you own 21 BTC? on: August 06, 2016, 11:25:16 PM
I don't have time to rest if I have 21 bitcoin, I'll keep it and keep my habit the same and probably use it in time that I need it to earn more than I earn... There's nothing special on that number of bitcoin, unless otherwise you are planning to just waste it or use it instantly...  Smiley
holding bitcoin is not a problems. but I thought it was boring thing you knwo ? I would prefer to grow 21 BTC is like gambling or trading maybe it will give me profit and pleasure



Gambling is the worst place to invest your bitcoins as at the end of the day you will surely loose everything and its always good to go with trading to earn descent and regular profits.
477  Other / Off-topic / Re: How long you in bitcoin world? on: August 06, 2016, 11:22:41 PM
I have three years more familiar with bitcoin. I was pleased and happy to have come to know bitcoin. bitcoin give me a better life than before.

2013 is the first year I knew bitcoin.

Yeah bitcoin is really helping us in the best way and giving us an opportunity to earn extra money from it and I am earning bitcoins since last 2 years.
478  Economy / Speculation / Re: Bitcoin to 2000 $ possible ? on: August 05, 2016, 03:29:23 PM
Do you think bitcoin can reach 2000$ + ? this year ?

Last 2 years , people used bitcoin to buy some shitcoins (trying to find the btc 2.0) , and this year may be they understood that btc remains the king !

do you think we can have 2000 usd + ?
yahh why not ? It can reach upto 2000usd ..well it would take. A lt of time ..well have patience and wait for the future ...kudoos

Bitcoin surely has an potential to achieve that price in future but I think we need to wait longer to see that price either it will reach in this year and if not then we need to have patience to see that price.
479  Economy / Speculation / Re: BITCOIN will be reached at $1000 to $2000 in 2016 ? on: August 05, 2016, 03:27:34 PM
I think that it still is possible for the Bitcoin to reach $1000 this year but I do not think that it is possible for it to reach $2000.
That is just a bit to high and we need some more time before that is going to be possible.
i agree with you that its really bitcoin will be reach its price to $1000 and i hope it can be possible that bitcoin will be reach its price to $2000 in the next years in 2017 .

It is more possible for the $2000 to be reached in the second half of 2017 or early 2018. There is no price bubble.

If the bitcoin price $2000 later next year, there is no price bubble. If it is $10,000, there is price bubble.

People are hoping that $2k price is achievable in this year but the chances are very less but if it happens in this year then it will a win win situation for majority of us.
480  Economy / Economics / Re: Bitcoin replaces the money? Could happen? on: August 05, 2016, 03:24:49 PM
I think it's actually possible when everything's done digitally. When every transaction of every penny is done through bitcoin and nothing else. Every fiat has to be converted into bitcoin and bitcoin will surely have a stable value. It's too far fetched as of today though to confirm that this will happen in the future. If we try to convert all fiat money into bitcoin today, people will just do a protest as the majority of people don't even know what bitcoin is.

Yeah bitcoin is still not too popular in many corners of the world and people will prefer to use fiat as they are used to it and they are using it since long time.
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