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July 11, 2024, 05:01:34 AM *
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5001  Economy / Economics / Re: I'm not gonna sell any coin. on: July 11, 2016, 05:20:23 AM
i think sell all my coin is good at this momenth, block halving have been completed but the rate still under $700.
i think i will sell all my bitcoin then re-buy at under $500

every single on of us would love to do that, to sell at $650 and rebuy at below $500 but the problem is that price of bitcoin is not going to go under $500 anymore and although anything is possible but right now rise over the course of the next two months is the most probably scenario.
5002  Economy / Economics / Re: Is it better to save money or invest it? on: July 11, 2016, 05:15:14 AM
If you are into risks, and want to potentially earn money, investing money is the better choice. Saving money is for those that are fine with not taking the risk to earn or lose money.

yeah but it is not only about taking risks, it is about making more money. if you are satisfied with the amount of money you already own you don't look for investment but when you want more money you have to make some investments and accept the risks. besides you can always find good investments and lower the risks as much as possible.
5003  Economy / Trading Discussion / Re: What do you do when BTC shoots up? on: July 11, 2016, 05:05:50 AM
Hi,

I'd like to know what do you think is a good strategy when BTC price shoots up and you feel it's going to come down again.
- hold on to your Bitcoin?
- Sell it for USD hoping to buy it again cheaper?
- Sell it for other crypto (in this case which would you choose)?

it depends on your trading strategy. as a long term investor you may not even find some rises as "shoot up" because they are still small and not to your expectations. so in this case hold!

but as a day-trader any small change in price can be "shoot up" so you can sell on the high and buy back in dips.
5004  Other / Beginners & Help / Re: Another newbie! have a few questions on: July 11, 2016, 05:01:53 AM
blockchain.info is a good web wallet but it is not the safest wallet at all so don't keep coins there if you have a lot of them. and yes they have a mixing service (called shared coins i think) but never tested it to see how good or reliable it is. for mixing use bitmixer.io they are good
5005  Bitcoin / Bitcoin Discussion / Re: Misinterpretation about halving. on: July 11, 2016, 04:53:38 AM
I made this post to clarify things. Many bitcoin users associates price increase to bitcoin. In my experience with bitcoin the price increase lies on the demand and supply. A skyrocket price increase has no relationship with halving. It's funny reading things that halving is equivalent to price increase or decrease but I would like to hear ideas from knowledgeable members. It would help and also correct me if I am wrong.
The halving is purely psychological and historically has not doubled the price of Bitcoin. If the price does not crash then this will be the first time it has doubled it's value due to "block reward halving". I'm not certain there is a valid clarification, it's simply the market "deciding".  Smiley

i don't know where you bring your history but in the real bitcoin price history the last block halving happened on 28th November, 2012 and price of bitcoin has gone up from $10 in Oct-Nov 2012 to $20 in Jan 2013 (it nearly took 2 months to reach double price)


yeah if you look at the day halving happened, then yest nothing happened that day.

I think that also had to do something with the illegal drug market et cetera. That is also one of the reasons why the bitcoin became very popular.

I'm not very advanced in bitcoins, but I do have studied economics for a time. What I have learned is that the price may rise because of this, but it would most definitely not skyrocket.

are you sure, i always thought the illegal drug market was around the time price went up to $1000 not in 2012!
anyways you can always argue about the reasons why price went up and the argument is going to take forever without any conclusion. i am simply pointing out what happened because that newbie above my comment said "historically has not doubled" which was wrong information.
5006  Economy / Speculation / Re: What if price of bitcoin dont increase after halving too. on: July 11, 2016, 04:37:37 AM
nothing bad is going to happen it would be another day in bitcoin market and another wave of speculations. and as long as price stays here and don't go down people are also happy about it.
5007  Economy / Service Discussion / Re: Halving did its first effect on mining websites on: July 11, 2016, 04:34:35 AM
for the hundredth time mining websites also known as cloudminings are generally have nothing to do with mining and most probably they are not even mining anything because they own no equipment hence hashpower to mine anything. that's the way Ponzi scheme works.
5008  Bitcoin / Bitcoin Discussion / Re: Misinterpretation about halving. on: July 10, 2016, 12:00:18 PM
I made this post to clarify things. Many bitcoin users associates price increase to bitcoin. In my experience with bitcoin the price increase lies on the demand and supply. A skyrocket price increase has no relationship with halving. It's funny reading things that halving is equivalent to price increase or decrease but I would like to hear ideas from knowledgeable members. It would help and also correct me if I am wrong.
The halving is purely psychological and historically has not doubled the price of Bitcoin. If the price does not crash then this will be the first time it has doubled it's value due to "block reward halving". I'm not certain there is a valid clarification, it's simply the market "deciding".  Smiley

i don't know where you bring your history but in the real bitcoin price history the last block halving happened on 28th November, 2012 and price of bitcoin has gone up from $10 in Oct-Nov 2012 to $20 in Jan 2013 (it nearly took 2 months to reach double price)


yeah if you look at the day halving happened, then yest nothing happened that day.
5009  Bitcoin / Bitcoin Discussion / Re: Do u know someone who owns 1000 Bitcoin or more? on: July 10, 2016, 11:46:13 AM
why are you looking for them anyways?
I don't have a specific reason, I just wanna know how ppl perceive the whales.
Do any of us know any of the BTC-whales ? Smiley
~CfA~

if you are looking for people apart from those known addresses that i mentioned in my above comment then i have to say those people (investors that are whales) are not going to reveal their identity for many reasons like taxes, hacks or even robbers can physically attack them knowing they own more than $650,000
5010  Bitcoin / Bitcoin Discussion / Re: Do u know someone who owns 1000 Bitcoin or more? on: July 10, 2016, 11:39:12 AM
just search blockchain.info for "famous addresses" there are a lot of them there that have more than 1000BTC most of them are services, gambling sites (casinos), bitcoin exchanges, online wallets, most important of all Mining farms and many more that have this kind of bitcoin.

why are you looking for them anyways?
5011  Economy / Gambling discussion / Re: How to stay away from gambling? suggestions ? on: July 10, 2016, 11:36:46 AM
rehabilitation stage includes more self control even you are very addicted but if you can divert your attention to another things or make yourself busy to something that will profits you and your love ones that might help keep your love ones involved from your healing it will be easy to overcome if you have goal to achieve it.
See, being honest these things are goo to say and impossible to follow. The people who are addicted are so much stressed due to the losses that they just want some money to gamble, no matter what others say.
That is why we need to manage ourselves properly so we can easily make a good decision, believe me even if you are winning you will still feel the stress.

it is so much easier said than done when you are not a gambling addict. but for someone who is deep in gambling and doesn't even realize it, giving it up is not so easy. although staying away if you haven't started it yet is so much easier because you haven't done anything yet to give up.
5012  Economy / Gambling discussion / Re: How much can u lose with gambling? on: July 10, 2016, 11:30:38 AM
well it depend on much you bet

In fact this more like that how much confident we are with our prediction, that kind of ridicules things happening mostly in sports matches when we put all our hard money very strong but the result happen totally different than our expectation.

then how can you say it depend on how much confident we are!! because gambling has nothing to do with your confidence about the future and the result it is all about luck. if you get lucky you win and if not you lose even in sports betting as you said different thing happen against your expectations.
5013  Bitcoin / Electrum / Re: Wallet has not updated in a while on: July 10, 2016, 11:25:54 AM
your problem may be first because of connectivity, something like firewall is blocking the Electrum access to the internet.
but if that is not the case it may be because of your blockchain (headers) file which can not be updated, i encountered this a long time ago and i don't know if it was corrupted or not but after deleting it, my problem was solved.
if your problem is not because of connection to network try the second solution.
5014  Other / Off-topic / Re: How Rich are you if 1 Satoshi is equal to 1$ on: July 10, 2016, 11:15:03 AM
Are you asking hoy many Bitcoins do people have? Cheesy

haha, its a cheeky way of asking how much bitcoin do you own. and it is pointless because there are a couple other topics about this and people are either going to troll or signature spammers are going to spam here. because nobody will publicly say how much money they own!!!

edit:ROFL, i just realized OP's name is "Harlot"
5015  Economy / Speculation / Re: Bitcoin up or down on: July 10, 2016, 11:11:51 AM
Please write reasons why BTC should go up/down and write how important it is.

it is all about supply and demand. as bitcoin becomes more famous and adopted by more people and merchants and also as it becomes more famous as an investment the demand for bitcoin increases and also with the halving the supply creation rate has also gone down which means lower dumped coins daily. the combination of these two means price going UP.

the importance of it is only for those who are investing in bitcoin, and in my opinion those who want to use it as a currency care mostly about fixed price.
5016  Bitcoin / Mining speculation / Re: Mining in 20 years time on: July 10, 2016, 11:07:17 AM
99.21875% will be mined in 20 years time. If electricity isn't very cheap by then and/or if bitcoin isn't worth hundreds of thousands of dollars, it's hard to imagine anybody wanting to mine then. How will transactions then be verified?

as others said there is always bitcoin price increase that can save miners from going under. besides you don't have to worry about the far future, stick to the present!

also in the future when block reward is lower fees will be increased (assuming price hasn't gone up) to cover the costs of mining.
5017  Economy / Speculation / Re: 350 USD in August on: July 10, 2016, 11:00:55 AM
i always say that anything is possible with bitcoin but some things are highly unlikely to happen and this topic is one of them. the dream of bitcoin cheaper than $500 is something that we can only see in our dreams at night and never in the reality.
5018  Economy / Speculation / Re: When Bitcoin will pass 1000 usd again ? on: July 10, 2016, 10:55:54 AM
We cannot predict this but I hope it will be in this year so I still can make some profit with it, it would be as a reward for the waiting time.
I think we will see the 1000 dollar in this year with some time, it just need some time to climb.

Now the halving is over, and people start to calm down after all the hype around the halving, how do you think the price will touch $1000 this year? What will be the driver according to you? I think we'll remain below $800 for the rest of the year.

I agree with you, we do not even have a real thing(event) that is gonna take place and let people believe into it again.
I also even thin that the growth of this year will not be massively to be honest.

anything is possible with bitcoin price. but one thins has always been true, the rise don't always needs a reason for happening. sometimes it just starts. besides what bigger reason do you need apart from halving? the reward for miners is now 12.5BTC instead of 25
5019  Economy / Speculation / Re: a few monfs wait time before the price incrase on: July 10, 2016, 10:40:37 AM
a few monfs is needed to exhaust the previous 25btc outputs when that is exhasuted to 12.5 btc outputs over time demand will increase and the price will be forced to rise from the ash lets learn the lessons from 2013 it only a matta of time

I've seen some Dutch guy on the Dutch forum part that uses professional technial analysis predicting that the price will touch 9000$ in the start od september. Sounds very nice but we will see will it happen.

i am sorry to say this but that analysis was bullshit because in bitcoin it is impossible to reach $9000 within a month and a half. even if price starts rising right now and it goes up fast it can't grow $8350 in this short time, people will dump a lot in the process which will slow it down to a couple of years and that is only if it is possible.
5020  Economy / Service Discussion / Re: Hacker trying so hard, should I be worried ? on: July 10, 2016, 10:31:43 AM
if their security is good enough you should not worry about anything but the problem is that you can't be sure how good yobit's security is. and they won't care if you lose your bitcoin to a hacker so withdraw always and only keep small amounts there,
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