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521  Other / Off-topic / Re: Would you like to receive your salary in BTC? on: July 23, 2016, 09:47:28 PM
Your right that is volatile but i think depends of the person who wants to receive salary in bitcoin. for me i can accept it as my salary because i can instant convert it into fiat..

Converting it to fiat is not a bid deal now, but what will you do if price falls to $100 in future, will you still prefer to accept your salary in bitcoins?
522  Other / Beginners & Help / Re: Doubling Bitcoin? on: July 22, 2016, 10:01:16 PM
Serious question here. Anyone here heard about this service - https://www.bsave.io/

It seems this is wallet like service which offer you daily interest rate for the coins you will keep on their account.
I heard about services offering bitcoin interests before, but I actually never seen any working (and revenue-generating) one.

Thoughts?


They may pay you for certain period of time but you cannot expect regular returns in a long run as I invested in many sites but over a time I was being cheated so its better to stay away from it.
523  Other / Off-topic / Re: Are you buying bitcoins? Why? on: July 22, 2016, 09:58:34 PM
I'm not buying BTC. I prefer earning it from signature campaigns, gambling with faucets and tasks. I'm not buying it because I lost everything I bought most of the time haha Cheesy

But in bitcoin this time you will not lose as in the coming future the price will increase more higher and so you will earn more profit with that, just buy more and hold.

Yeah its better to hold rather then loosing it in gambling as we all know that gambling will never give you guaranteed returns in fact you will loose everything that you have.
524  Economy / Speculation / Re: Predict the price for January 1, 2017 on: July 22, 2016, 09:56:08 PM
I think that the price of the Bitcoin at the point has to be at least $1000 I am almost sure of that because we have been waiting so long for that.
I even think that the Bitcoin price can reach $1000 this year but if not then it has to happen in 2017.
Yeah we all have been eagerly waiting to see that price and only God knows when that day will come as many of us want to sell their coins when they see that price.
525  Economy / Speculation / Re: When will bitcoin reach 500 USD again ? on: July 22, 2016, 09:50:51 PM
I think the price of bitcoin will trade in the current range for some time. Then we will have news about SegWit.

Same thing happened when the bitcoin trade between $400 to $550 for 5 months and then rose a lot.

With the halving just over it is time for a period without much volatility. Maybe even 3 months without much action is good.
Currently it's a holiday so there is not much to be expected anyway.

And I don't think that price will go below $500 in coming months as price is stable now and the best thing is its not going down, its going higher slowly and steadily.
526  Economy / Speculation / Re: I'm dumping my bitcoins so you should on: July 22, 2016, 09:45:32 PM
In my opinion nobody famous should share his idea,to dump anything,unless he want's to get worse price.
If someone known in the industry is starting to sell a lot,everyone is panicking,which means the price will fall hard.

And most of people creating big fud saying they dump everything do that in fact only to drop the price so they can buy more Smiley

That is right. So I will buy some more when the price drops to lower levels. I think the price will rise in the future.

no one will buy if the price started to drop, only expert trades will buy at that value, so do not think about that if you are not expert in the trade of bitcoin, just think about the drop of a month ago, how much you bought at that time? did you buy at that time or you also afraid from volatility?

I think the bitcoin price will rise in the long term. So I will buy when the price dip and hold it for longer.
There are less chances that price will drop at a moment, so if you are planning to buy bitcoin then you should buy it with current price as it will be much higher in next few months.
527  Economy / Speculation / Re: 10 BTC. Will I be a millionaire by 2030? on: July 22, 2016, 09:43:32 PM
10 BTC will not make you a millionaire, not now, not over 5 years, not over 50 years. Bitcoin's price is limited and it sure will not reach 100k.
Use bitcoin as it was intended for.. transactions.

Yeah its not possible to become millionaire with 10 bitcoin, but if you are holding 100 btc then you can definitely become millionaire but its not possible for everyone to hold that huge amount.

It all depends on the price of the bitcoin. I am pretty sure the bitcoin price will be at least $10,000 in 2030.

you do not get too confident that prices in 2030 will reach $10,000, so you think only have 10 BTC to become a millionaire.
but you have to think if low prices occur in the future, so this time you can collect more bitcoin to become a millionaire. at least have 100 BTC was quite.

Yeah and we have an opportunity to earn at a moment so why should not make best use of it an try to earn as much as possible for future.
528  Economy / Speculation / Re: When to hit $10,000? on: July 22, 2016, 09:39:50 PM
20 years or more! There is no chance for bitcoin to cost so much before that. I think anyone who think that bitcoin can rise so high before 20 years live in illusions.

After seven years of existence bitcoin worth 650 dollar's, for next seven years price can be 1300 dollars for one bitcoin, or around that price. Anything that is more then 2000 dollar's is almost impossible for btc, and even if bitcoin hit that high price it will not hold.

I think the bitcoin could reach $10000 in 3 to 5 years if there is good adoption and usage of the bitcoin.


No, it will take more time then that, even if adoption goes higher I think we need to wait for at least next 10 years to see that price as $10k is not a small value to hold.
529  Economy / Speculation / Re: Two weeks after the halving , price didn't get affected yet ? on: July 22, 2016, 09:38:00 PM
yes and that s the beauty of bitcoin i think. for me i think the most important thing is that the bitcoin rate should remain constant. which is the proof of stable bitcoin. it is is stable because people are still interested in bitcoin.


Traders will never entertain the stable price of bitcoin as it will not allow them to make regular profits, but normal and new investor will prefer to invest if he see price stability.
530  Economy / Speculation / Re: Bitcoin to 2000 $ possible ? on: July 22, 2016, 09:36:00 PM
For this year i think it can't possible to happen that the price of bitcoin will hit at 2k value this year..its impossible or i can't imagine right now..
But it can be happen i think it takes 3 years or block halving again we will see this value again..

Yeah its not possible to achieve that price so easily and we need to wait for a long time to see that price may be it will take next 4 to 5 years to touch that price.
531  Economy / Economics / Re: When do you buy Bitcoin ? on: July 21, 2016, 09:06:54 PM
I have bought some bitcoin in the past. I usually buy them when the price is lower than the previous peak.

Finally some good statement about the "low price" target. Others just saying they are buying bitcoin when the price is low. But what is price is that that they can called as low? $500 is a high price in the past but now it's really considered as low price.

It must be buying when the price is lower than the recent peak like this guy stated.
The price is really high compared to earlier days. As the days passes by, the price of everything is increasing. When we cross certain stage, old things would seem like expired items. As we move on, we are adapting everything new. Same way, we consider the value of the money differently. Before 10 years $100 was really a big money. But now of course it is not. Likewise, the value of btc turning up.


If you believe in the same theory then I think you should buy some coins at current price as it may be high for you at a moment but in future price will rise for sure.
532  Economy / Speculation / Re: PANIC BUYING !!!!!!! on: July 21, 2016, 09:03:22 PM
Actually many buyers bought it considering that in halving price will cross 10$ like last time it happened. and many bought it at 700$ when the prices rose to 750$+ but then after it went down only and now at around 660$ trailing at.

But I think even the price of $660 is good to hold and comparatively its an descent price as majority of us fel that it will go below $600 after the halving.
533  Economy / Economics / Re: Do you Still believe in Fiat? on: July 21, 2016, 09:00:47 PM
Of course i believe in fiat. We use it for a long time and it works. So stop thinking that fiat is not good because we all use it and the effect as of now is clear. Fiat is stable.

Most of the people are dependent on fiat for living as they are earning it in the form of salary and they find it easy to use it as fiat is accepted everywhere.
534  Other / Off-topic / Re: Do you still have time to reach the 21 BTC goal? on: July 21, 2016, 08:56:38 PM
I think the price will rise slowly to $10,000 in 3 to 5 years time, so if I work hard and invest, I should be able to make 21 bitcoins before then.

$10,000 won't even happen within 10 years as that would mean the price needs to increase a lot every upcoming year. I can't see this happen unless Wall Street traders pump their billions in Bitcoin. Highly unlikely at this point.

10 years are enough for the price of bitcoin to reach to 10 thousand dollars, as till that time the demand will be increased much higher every person will have their bitcoins and they will prefer to use bitcoin for their transactions and for their purchases.

yeah if everything goes fine with bitcoin then I think it can achieve that price by that point of time but we need to have great level of patience to see that price.
535  Bitcoin / Bitcoin Discussion / Re: So, why do we need to use Bitcoin? on: July 21, 2016, 08:52:29 PM
So, why do we need to use Bitcoin???





Personally. I use bitcoin because its easy to invest and earn. A lot of oppurtunity out there to earn. And the transfer method of btc is hassle free.

We cannot point a single benefit as bitcoin offers us multiple benefits and individual should try to use it according to his convenience.
536  Other / Off-topic / Re: How kids can "earn" Bitcoin ? on: July 21, 2016, 08:48:05 PM
It all depends on how well equipped they are. Few are very good at studies. Few are well at athletic and few are well at singing, dancing, playing insturments and etc etc... Lets find out the core talent of our kids and guide them to achieve what they like.   

I think they dont have to be that skilled as long as you can see that your kid is passionate and focus on knowing bitcoin more then i think it would be enough for them to learn
Let them enjoy in learning new things. It can be games, lessons, music etc etc... If they are interested in anything, well and good, lets guide them and support them in everything. It may be BTC or it may be studies. Bring them to the new world of technology.

You are right i also believe that the only thing that can kids boost their confidence is the proper guidance of their parents so if you are planning to introduce bitcoin to them guide them properly and for sure they will be successful

As a parent its our responsibility to guide them in a proper way and we should introduce bitcoin to our kids only at a right time when we feel that they are mature enough to understand it.

You are right money are not for kids as they do not know the management of money , they just will start to run on wrong ways with bad company, so the better thing is that not to give them way to free money so that they remain in the control of their parents.

Yeah and what will you do if they get into gambling with bitcoin it will definitely ruin their life and they will start looking for quick money and won't make any efforts to earn it.

and besides this there are a lot of other bad companies which will destroy them forever, like if they involved in getting free money in the age of immaturity and started to love money then they will want bigger piles of money and for that they will start money laundering and other crimes for money.

Yeah so its better to keep them away from earning stuff at a moment and let them enjoy their life as this is not the right time for them to enter into it.
537  Other / Off-topic / Re: Earning a living with bitcoin? on: July 21, 2016, 08:43:07 PM

Bitcoin my opinion, I use it for extra income and it was enough to meet the needs of approximately one month. I am a month can produce about 0.08btc of bitcoin and I think it was passable.

In a month, I get about 0.20BTC and it doesn't seem to be small to me. It's passable too, I guess since it's only a side job for me.
Although I'm planning to move my main job to bitcoins as well. I'm practically going to be doing the same thing, only that I'll be paid in bitcoins rather than in cash. Probably.
but i think o.2 is not such a reasonable amount to be trust on it for living. i think we cannot depend on bitcoin for living in present time. may be in future it will be comparely good for living but i think in present time we cannot depend on it for living.

With 0.2 live in western countries will be very hard. Even impossible to survive.
If you want to earn your living with bitcoin the best you can do is to make sure to be able to survive with 3 solid months without income.

Yeah if are living in western countries then I think you need  to make sure that you are earning higher amount of bitcoins and that also on regular basis.
538  Other / Off-topic / Re: Are you buying bitcoins? Why? on: July 21, 2016, 08:41:24 PM
At the current price , i would not buy since price is $680+ and i cant afford it even if i have my own stable day job. My salary is just exact for my everyday needs. Ill rather do signature campaign to gain btc and would not mind to buy since i have no money to invest to it. Others  may buy more btc as of now since theyll believe that price in the future would rise , which i also believe.

does being on a signature campaign make that much bitcoin? I believe bitcoin will rise too and I want to buy some too but I don't have the fund right now.

Earning from signature campaign is limited you cannot expect huge earnings from it but its a good way to collect some coins on regular basis.
539  Other / Off-topic / Re: {share} how you get your first 1 btc? on: July 21, 2016, 08:39:31 PM
I earned through signature campaign. During the early days while I entered into bitcoin its been very hard to think of losing. For this avoided risking with other earning methods and patiently waited for months to earn through signature campaign.
But for anyone who didn't sign up on this forum , didn't know about signature campaign and most likely they will sign up on this forum for signature campaign purpose and only think about how to get bitcoin through sig camp and spamming their post on this forum.
Btw i think the good way to get your btc is buy it from your flat . Or use your earning (from faucet , or gambling from faucet).
And deposit it to trading altcoin , for making bigger profit.
Buying your first bitcoin would have been the easy way in. Earning them, is a highly different approach.

However, it wasn't really that hard for me to get my first bitcoin back in the days. It was only worth around $70 I think, and I would do some jobs that would have me paid in bitcoins. Just don't ask me what kind of jobs they were.

Whatever job it may be but its an great feeling to earn it by working on it, as buying doesn't involve any efforts and there is not level of satisfaction in buying.
540  Economy / Speculation / Re: Bitcoin up or down on: July 19, 2016, 01:02:45 PM
last few days there has been a modest increase. I believe bitcoin will rise high prices the next few weeks. the upward trend will continue.

Exactly price is at descent level at a moment and we may expect higher price in next couple of weeks and I think we will cross $700 mark very soon.
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