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521  Economy / Speculation / Re: Core coin wealth moving to Bitcoin Cash on: September 08, 2017, 04:20:27 PM
I don't see the point in what reason do miners want to transfer in mining the original bitcoin to bitcoin cash maybe it more profitable at the moment but it will not boom as it is only a copy cat and trying to be great, people just playing with the market with bitcoin cash and that is why it has a value as of the moment.
522  Economy / Speculation / Re: Should Speculations Be Controlled? on: September 08, 2017, 03:53:55 PM
Why would you wan to control the Speculations section even though we all know that it is the word 'speculate' meaning it form a theory or conjecture about a subject without firm evidence, so it is for the people to discipline their self whether they believe it or not because there is no guarantee and no one is really can see the future.

Controlling it will become worsen the situations as the one who will moderate it is the one who will be trusted by most of the people here so whatever he says or do will be follow by other people then that is a full blown centralization then it will be enter by politics that will really control and manipulate the price, think of it.
523  Economy / Speculation / Re: China does it again (shorters on suicide watch) on: September 08, 2017, 03:36:16 PM
Their Government just did what they need to do for their citizens safety and security, it is true that it really affect the price of bitcoin when they banned it but I think China do not intend to control or manipulate the price of bitcoin for their own sake.

It is just that a large majority of the people who knew cryptocurrencies are in China that is why after the banning of ICO's it really affects the price of Bitcoins.
524  Economy / Speculation / Re: How do you guys think the November Split will affect price? on: September 08, 2017, 03:22:03 PM
I think it will really affect he price as it is a new big event for the bitcoin community once again, we all know how the event of august 1 really affects the price of bitcoin that month and it will again as many news will come out and many people rely on it.

Just keep on believe that bitcoin will go up in price no matter what even if it really split that maybe resulted to fall down in price, it will bounce back again just what it always did.
525  Economy / Speculation / Re: Be careful. (Newbies and others ...) on: September 08, 2017, 02:40:55 PM
I really don't know what to say but I am not against to what you have said and pointing out as it has a logical way of thinking and explanations but Bitcoin is different to any kind of Fiat currency especially the market of it as it is traded worldwide and many people really believe in it.

I don't see the day that Bitcoin will go back to $1,000 price because it literally symbolizes a bubble even though it is not. Everything can happen though but no one can really tell what will.
526  Economy / Economics / Re: Bitcoins and Video games on: September 08, 2017, 09:34:55 AM
How i can make or win bitcoins by selling or doing specifics things in a Video game? i want to know what games and the metods to do this possible Smiley

Then you must do search about what games pay off bitcoin but I think the best way to earn with it is by playing your desire MMORPG online games and acquire items that you can sell to other people that willing to make a transaction using bitcoin.

There is a multiple ICO's that will gonna do this in their platform so participating in altcoins that caters game items trading is much better for me, just convert it to bitcoin afterwards.
527  Economy / Economics / Re: What is occurring when someone sells 1 BTC at a price lower than he/she bought? on: September 08, 2017, 07:41:43 AM
Then there is a loss that will occur of course, it is just simply a trading exchange that if you buy a certain price of bitcoin then it suddenly goes down the price then you decide to sell then it is obviously that you will loss the percentage of that down in price.

In trading currencies even in the real world and in virtual there are losers and winners it is just a matter who really understand the volatility and uses it to their advantage, there is no sure thing though.
528  Economy / Economics / Re: I want to invest 1000 USD into crypto on: September 08, 2017, 07:03:44 AM
Alright, let's say I have a budget of 1000 USD and I want to invest it into cryptocurrency. Is it better to buy my own setup and mine or do cloud mining or should I buy some coins directly ? What cryptocurrency might be the best for long-term profit ? I am willing to lose that money (although I would be sad ofc) but I wanna somehow start with cryptos since I believe it has got a great future.

All form of income that you said was good it is just about the risk in taking back your investment, in mining maybe 1,000 will do but the return of investment will take same as with cloud mining, with trading some bitcoin or altcoins will take a greater risk but greater in return also.

Decide for yourself what will you want to do with your $1000 if you want a safe yet takes time or you want big profit yet risky one.
529  Economy / Economics / Re: 1Bitcoin as a gift from someone on: September 08, 2017, 06:45:55 AM
If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?

As it is just given and not earned then I will choose to keep it until 10 years maybe so I have a live investment instead of cashing out it away, 1 Bitcoin for now is so valuable that it will be more after how many years.

I choose to keep it because I already earning some fraction of bitcoin that can sustain my expenditure in life so there is no need for me to cash it right away, bitcoin have a future in potential growth.
530  Economy / Speculation / Re: Bitcoin Value Will Soar High in the Future on: September 07, 2017, 05:14:34 PM
Bitcoin phenomenon is predicted to be more massive in the future. In fact, the digital currency is mentioned in the middle of a bubble economy or economic bubble.
how do you think?

It is happening and it will be more massive, bitcoin is the future of currency even though it is digital currency. Because it is a global currency so meaning it can use by all people that has access to a computer and internet.

If this is the economic bubble for bitcoin then how much more when it become more stable, I would bet the price of it would be reach a million per piece. It is just a matter of time.
531  Economy / Speculation / Re: are we out of the bear market? on: September 07, 2017, 04:45:38 PM
so are we?? I feel uneasy making any trades atm... what you guys think?

The price is not falling right now I think maybe what you mean is after bitcoin reaches $5,000 it suddenly goes down around $4,000 again, I think it is because trading bots are triggered so sell with that and some whales go with the flow.

Always trust your instinct though, if you will that it is not the right time then don't. But bitcoin will always soar high it is just a corrections in price that is why it goes down and I think it is normal for every market.
532  Economy / Speculation / Re: Invest in Bitcoin right now? on: September 07, 2017, 04:19:29 PM
Hello!

Thanks for reading this topic.

I have some money at the bank which I actually don't need. The interest rate is a joke, so I'm looking for long term investment.
BTC price is kind of high right now if you look at the charts and history. But I read a lot of topics and it looks like this doesn't matter at all.

Let's say I want to buy like 2BTC. Do you advice to do it right now or wait till when?

Thanks!!!

Actually there is no right people to tell you what to do in your money when it comes to investment because that is your hard earned money and no one knows what will happen in the future.

But for me since bitcoin was created it is the best investment and it is still as of now, it is just a matter of trust and time until your money grows but there is a fall down in price and it is normal in all currency market in the world, invest now or regret later.
533  Economy / Speculation / Re: I always feel relieved when you have a good fall....how about you? on: September 07, 2017, 04:07:56 PM
Almost all of the bitcoin users that is old enough in using this currency knew about the fall down in price of bitcoin that it is normal after a huge pump in price with it.

But for those people who just started investing their fiat money in bitcoin is so scared that they will just sell it fast when the dip has come, sad for them though. I learned from my mistake and that is the best experience for me so far.
534  Economy / Speculation / Re: Bitcoin top 5000$ on: September 07, 2017, 10:44:00 AM
Hello!
I tend to just read the forum and not to join in but there was a question I really wanted to answer so... Here I am!
What do you think about the Goldman Sachs prediction of a 4800$ top where all will collapse? Sounds like a biblical prophecy but well, they have been quite accurate about bitcoin so far.
We are getting close to the target so... What do you think will happen?

I was thinking that regardless of the prediction, maybe the 5000$ will work as a hardcore mental barrier... And pop the bubble.

So, what are your thoughts?


PS: Unfortunately I cannot paste the link as it says it is suspicious... but you can find it on CNBC

The prediction of Goldman Sachs is quite right though because bitcoin really reaches the $4,800 mark and it even pop the $5,000 one and it suddenly drop s and it stabilize now with $4,500+ and this is a normal signs for market as it has experiencing the corrections.
535  Economy / Speculation / Re: Assume the worst, governments ban BTC and implement their own Blockchain. on: September 07, 2017, 10:28:28 AM
National Government in different countries has its own currency and making a move of creating a blockchain with their currency is good choice though but banning BTC will be very bad because it is the father of crypto currencies and banning it would become so aggravating to the people who really uses cryptos.

Let the people choose what they want because that is the true essence of a democracy as most of the countries in the world has that kind of government but if they force the people to use a one only currency then the government is breaching that right of people to choice.
536  Economy / Speculation / Re: Analysis on: September 07, 2017, 10:18:46 AM
Holding Bitcoin is still a good investment after all that ICO's flood that is happening right now in cryptocurrency scene because so much people tend to invest their Fiat moneys in ICO's that most are scam and will not survive that long but if they just invested and trust the potential of bitcoin then they will really become rich.

The price of bitcoin last year was almost x9 now with the currenct price of it, I know that there is a lot of altcoins that multiple a lot compare to bitcoin but it is up to the investors if they really want to do the fast and risky process or trust bitcoin and be headache free.
537  Economy / Speculation / Re: Bitcoin a road to 10k. on: September 07, 2017, 09:22:47 AM
It is true that the bitcoin price will reach up to 10k dollars. In your speculation, in what year?

As we all know bitcoin has so unexpected in terms of its price because there is a lot of price hike and corrections that most people tend to be scared of and later they will become regretful to their selves in why they sell off there bitcoin in dip.

Back when it was october in 2016 the price of a single bitcoin was $600+ and now october of 2017 is coming and the price of bitcoin is at $4,500 and it already reaches the $5,000 mark last week so if this trend continue till next year then no doubt bitcoin will reach that road to $10,000.
538  Economy / Speculation / Re: 1 satoshi = 1 US cent? In next 5 years? on: September 07, 2017, 09:06:23 AM
Hi,

Do you believe that the price of bitcoin could rise so much to become 1 satoshi = 1 US cent?
Some folks are saying BTC will reach 25$K in 2 years and Half a million in 5.

I really believe that it will happen in the future that Bitcoin will be like that 1 satoshi is equal to 1 cent and event 1 dollar, but I think it will not happen in the next 2 years unless the price hike that is happening right now will continue to happen in the next 2 years then there is a big chance that will happen in year 2019.

Just take the fact that most of the Bitcoin users nowadays is the one who really search for it and see a potential with it, wait for the time that it will be fully recognize in the whole world that even the restaurant and grocery store that you used to go will be accepting bitcoin as a payment then the price of it will boom.
539  Economy / Economics / Re: Being a Smart Person or Strategic on: September 07, 2017, 08:51:10 AM

You cannot be smart for ever by doing nothing. You need to have a strategy for how to survive and then how to get profit.  And for a strategy you need to be smart and have knowledge. So you cannot split strategy and being smart, because both of them work together only.

Of course and this strategy needs to be implemented or needs to be put into action. I think being smart and being strategic goes hand in hand and I agree with you @pitiflin with that.

If you are really making your own strategy then that way your are making a smart move about in what you are doing because you are planning before doing something yet you can have a strategy even though you are not the one who made it by stealing or buying it from other people.

But again even the smartest people who make a strategy still fails because no one is perfect in this world, experience will make you tough and smart.
540  Economy / Economics / Re: Bitcoin has defeated gold on: September 07, 2017, 08:36:03 AM
I think a 1 single Gold is still much more valuable than 1 single Bitcoin but maybe in terms of the growth through the years the real winner is Bitcoin and no doubt about that because Bitcoin is not yet 10 years in existence.

As Gold is tangible while Bitcoin is not it is in different league but with a certain amount of value you can differentiate them but please never compare them and tell that Bitcoin defeated gold.
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