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501  Other / Off-topic / Re: Do you actively spend your bitcoins? on: February 16, 2016, 11:43:01 AM
Yes I spend my bitcoins a lot on the online bitcoin market, because there is more to buy these days.
I also gamble a lot but this is with low amounts only so I will not lose a lot at the end.

Yes even i spend a lot of bitcoin online buying more and more also i trade it with friends for fiat currency
502  Other / Off-topic / Re: Are you buying bitcoins? Why? on: February 16, 2016, 11:40:33 AM
I buy bitcoin for day trading purposes as well as trading altcoins. Altcoins are quite risky but the stables ones are pretty much very profitable.
That is indeed very good. I think it is a good moment to buy Bitcoins now, because the price is very low now. And if you buy it now then you can get some profit later maybe.
But there is a chance that you can lose all you money. Because the value can fall too. And then you dont have money.

I dont think bitcoin's value will go down further it might go down but again will raise so buying now is a good choice
503  Other / Beginners & Help / Re: Why did you come to Bitcointalk? on: February 16, 2016, 11:38:21 AM

I Googled how to buy bitcoins and ended up here. Grin

That's good if you end up here and not on ponzi websites that offers bitcoin.. go and find what you are searching for.. look around the forum.. everything is in here when it comes to cryptocurrencies..  Smiley

Yeah its a learning curve where you can earn everyday and you have landed here so utilize it and learn more about bitcoin
504  Economy / Trading Discussion / Re: Is bitcoin better or paypal? on: February 16, 2016, 11:34:16 AM
When both used as a transaction mediator, I prefer bitcoin. When going for purchase I prefer paypal as it has guranteed return back policy. When considered for making money I prefer bitcoin.

Exactly that's what even i do but if i have to choose between bitcoin and paypal , i will choose bitcoin any given day because it is much more secure than paypal
505  Economy / Speculation / Re: Bitcoin is IMMORTAL... on: February 16, 2016, 11:21:22 AM
i see no reason for that to happen, as long as they do not offer anything worth it, and no right now there is not a single altcoin that offer something that bitcoin lack or that bitcoin can not have in the future
Yes only if suddenly someone brings something really new and more promising.
But even then lots of supporters will stay till the end of bitcoin as we know it today..
More examples you can find at the altcoin scene..

As of now bitcoin is immortal because of its unique coding and algorithms and i dont think altcoin will ever reach that level
506  Economy / Speculation / Re: Oops Price is 425$ Now... on: February 16, 2016, 11:19:26 AM
If btc gets more users for example 10x more users in next five years, you can expect price rise couple of time from this price. And after five years many will ask themselves
why didn't they jumped on the train in 2016 year when price was ...

Yes the question is will there me 10x more users now that altcoins are gaining some popularity. If people realized that altcoins can also offer what bitcoin is offering at a faster time then Bitcoin might have some problems.

I think in fact it's because more people are still using Bitcoin.
Often because their friends recommend. But I'm clear also that it is growing.

When the user number is double, the bitcoin price will go much higher. This is called the network effect.

yes we need make bitcoin more and more popular so that it reaches more and more people as you said when more people starts using bitcoin automatically bitcoin's value willdouble
507  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: February 16, 2016, 11:16:27 AM
Buy bitcoins.

Convince certain journalists to publish positive articles about bitcoin.

Sell bitcoins.

Convince certain journalists to publish negative articles about bitcoin.

Buy bitcoins.

etc.
This idea has been used many times and I believe succesfully

This is old school technique to pool in stupid people and use them like a tool but people who knows about bitcoin will not become victimrather trade it in right way you can earn more bitcoin
508  Economy / Web Wallets / Re: recover pasword Blockchain.info on: February 16, 2016, 11:13:48 AM
you would need the wallet "words" its sort of a memonic phrase as far as i know and it needs sms verification as well to recover it else, its going to be useless.

Yes its really difficult and impossible to recover the blockchain.com even i wasted my wallet but its really secure
509  Economy / Trading Discussion / Re: Trading Guide? on: February 16, 2016, 11:06:37 AM
I guess luck must also be a key factor or am I wrong?

Luck shouldn't have anything to do with trading, whatever it is you trade.

Trading / investing is all about probabilities and risk managmenet - you need to make sure your risk / reward is set properly, so you don't risk 5 btc just to make 1 btc and that you cut off your losses quickly.

You will always have some losses, you just have to make sure that they don't ruin your account and that you will live to fight another day.



yes that's true its upto us that we have to do a proper research before trading keeping the current market situation in mind. bitcoin is something which can make you much richer if you play smart if not you will be at the losing end
510  Economy / Speculation / Re: 10 BTC. Will I be a millionaire by 2030? on: February 16, 2016, 11:02:00 AM
No, I wouldn't say that you would be millionaire. You'd have between 50 000$ and 200 000$, but even 20 000$ is really optimistic, and I suggest that it will be around 10 000$ per coin.

Lets hope so even i will be very rich if this happens so whoever has more bitcoin has more tendency to become rich.
511  Economy / Economics / Re: Why have Bitcoin instead of cash? on: February 16, 2016, 10:58:41 AM
Many people use cash also. But people that know Bitcoin use Bitcoin more then cash. Because they know what the advantages are.
There are people too that dont even know what Bitcoins are, and then they dont use it because they dont trust it.

Yes there are some really people who use and accept bitcoin as cash but not everybody does that sometimes when you want to use bitcoin as a payment option then the person at the other end don't believe that there is something called bitcoin
512  Other / Off-topic / Re: What's your least favorite thing about Bitcoin? on: February 16, 2016, 10:56:02 AM
my favorite thing about bitcoin is,i can sent money ou from bank account,sent it fastly,create wallet for safe my bitcoin easily,its favorite,and i never imagine before.

I guess it is asking about the least favorite. You shouldve read it fully.  Now you got the least of bitcoin problem. If you dont read everything in a right way you might be risking your bitcoins and might put it in a wrong wallet.

yes he ha answered his favorite things about bitcoin rather than least for example my least favorite thing about bitcoin is sometimes it takes more time for transactions.
513  Economy / Trading Discussion / Re: Best Investments on: February 16, 2016, 10:43:33 AM
for best investment in btc i suggest you cloud mining.there are many sites which pay you upto 1%daily.but here you can see top websites in them...
https://bitcoincloudmininglist2015.wordpress.com/

these above are best and trusted cloud mining website for investing.i also invested in one of them.

Thanks for sharing your knowledge and how was your experience with these sites?
514  Economy / Speculation / Re: 400 will not hold on: February 16, 2016, 10:40:48 AM
now it becomes a reality, 400 not survive, now has $ 390 price bitcoin> for the BTC, I hope this does not last long and prices returned to $ 400  Sad

The price of the 400 didn't hold but the price will increase again.
I'm really sure about it so we have to be patient for the time comes.

I am quite sure the price will rise again. But other coins are rising quite fast. Ethereum is an example, Fatcom is another.

They are rising but they will never win it from the bitcoin for sure, its a matter of time till the bitcoin will again indeed, also because the halving is coming.
I think we just need to be patient till it will rise to a high amount.

Yeah most of the bitcoin user are waiting for the halving process and no other coins can sustain like bitcoin those new comers might raise quickly but its the matter of survival
515  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: February 16, 2016, 10:35:34 AM
it really depends on what country you want to retire. but 100K USD worth of btc is more than enough to live a normal retirement life in some country

I think $100k is achievable if bitcoin becomes a reserve currency and used widely. So 20 bitcoin will make our life happy.

But bitcoin will not become reserve currency because if it happens banks will become meaningless
516  Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase? on: February 16, 2016, 10:31:05 AM
Just landed at $400 a pop, but still holding and waiting for the big payday for BTC coins,

That's good, lets keep coins coz it is just starting to step up on $400, price might still be going up in the coming months so better keep it..  Smiley

don't get too excited, this is just the overall steady rise that has been happening forever. this is not we were all waiting for. this upward trend will continue going up as bitcoin grows but the bubble which might happen around the halving is going to be big and sudden.
Yes I do. I think if I wait now a little longer then I can have with a price increase a lot of money. But we never know what can happen.
I hope later that the value will rise and that many people will know what Bitcoin is and what it can do.

Yes everyone who is holding to bitcoin is looking for a an perk in terms of increase in the value of bitcoin and yes we are taking risk because we will lose if the price goes down
517  Other / Beginners & Help / Re: Best way to earn Bitcoins? on: February 16, 2016, 10:26:16 AM
I still think that trading is the best way to get the current bitcoin.

Indeed trading is the best way to ear but also signature campaigns will help you to earn and learn
518  Economy / Economics / Re: Long term OIL on: February 14, 2016, 07:15:31 PM
Everything from a this graphs can tell you demand for oil rising and price is falling down?
This artificially made price decline, by corporate masters.
It is logical for price to rise..This is the game of rich.

You're ignoring half the price equation. Price is where supply and demand meet. Demand has risen for oil, supply has exploded. That's why the price is down.
Yes at this moment supply is greater than ever, but with constant rise of population this will not be case if we looking long term..At this moment situation is as you say.

Gotta take into account the fact that all major Western countries are currently transforming their consumption. Simple example: European countries are going to make it illegal for supermarkets to use plastic bags. Which means less oil used. The consumpton of those countries might just stabilize and even decrease over time.

In the England, there will be 7.8 billion less plastic bags used, that that is very small amount of oil consumption.

Yeah of course I know, it's just an example. The important aspect is that they all want to get rid of the majority of oil consumption.


Everyone is trying to sell oil now when there is still demand, that's why price is so low. Meanwhile lithium price is breaking new records all the time because that's what's needed to make batteries for electric cars.

Actually demand for oil is same but there are more suppliers in the market for example take Iran even they started supplying oil now and on the other hand lithium is going to new high when there are more suppliers for lithium even it will come down.
519  Bitcoin / Bitcoin Discussion / Re: "Bitcoin Will Not Survive", says Jamie Dimon on: February 14, 2016, 07:13:08 PM
A lot of old-money folks have these opinions (misconceptions?) about Bitcoin. It's OK. They are irrelevant in the future economy.
Yes i am sure these billionaires don't like other currencies like bitcoins to be famous and get benefit to the public. I can understand what happening in their minds and they don't want such plans to be famous like bitcoins.

Yeah, agreed, they don't want that bitcoin should be more popular and get on the mainstream or become a global currency, they hate bitcoin and they want that others should also follow them.

Yes, and bitcoin can never die, unless it reaches to zero value, and I don't think that is happening in near future, so we should not listen to what people spread news related bitcoins.

Yes Bitcoin will not die and some losers who are jealous about the growth of Bitcoin spreads these kind of news and thinks that it will panic people and people will stop trusting BTC but it's not gonna happen.
520  Other / Beginners & Help / Re: How to collect BTC ?? on: February 14, 2016, 07:11:31 PM
if i were you i would most probably claim as much bitcoins as possible from the faucets and participate in a sig campaign

Signature campaign is indeed a best way to earn Bitcoin but do you really think these time consuming faucets will really help ? It takes hell lot of time and gives very little in return
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