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581  Other / Off-topic / Re: Complete the sentence... "I would sell all my Bitcoins if..." on: June 21, 2016, 09:29:04 PM
I honestly would sell my bitcoins when the price is good and the worth of it is very profitable compared with the price I bought them.

That is the right thing to do, and without getting greedy I think we should sell our coins when its allowing us to make some good profits, I will sell my coins when it hits 1000 usd.
582  Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase? on: June 21, 2016, 09:26:44 PM
Yes i am holding my coins for a price increase.
Same here. Since the price right now has dropped dramatically, I'll just have to wait a few more weeks, months even to see the price to go back up to ~$740 from when I bought my coins. I simply don't want to sell them just yet because I'm still hoping that bitcoin may go back up there.


Yeah, you should only sell them when you are making some profits from it, as holding doesn't involve any risk and you can afford to hold it if you want to make really big from it.
583  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: June 21, 2016, 09:24:33 PM
i will save 10 BTC ofcourse
Very direct answer. I respect that.

As for me though, I might have to spend around 2BTC to trading and hope to make more profits out of that. Trading has been quite a good business for me and if I ever did get these 10BTC, then it's supposedly going to increase my profits.

Trading is really good to grow your coins in quick time and if you are good in it and if you can handle it smartly then sky is the limit for your earnings.
584  Bitcoin / Bitcoin Discussion / Re: The future of bitcoin on: June 21, 2016, 09:22:44 PM
agree with that,its too rude if think that paypal will disappear in future,paypal is good payment,and first digital payment in this world,and peoneer. even bitcoin better than paypal,it will not make paypal bankcrupt or lost their user and lover.
Paypal is shit.It was good when Elon Musk started it.Not like they're unbeatable,if everyone gets accustomed to bitcoins ,trust me they won't survive the revolution with their service charges as big as king kong's fingers.I'm just wishing for paypal to die and get completely replaced by the Crypto World.Doesn't matter if its bitcoin or ETH ,we need to boycott centralize organisations.
Long back itself, Paypal has started dying. Not just due to their higher fees, they are known for killing many business by freezing funds and accounts.
Recently come across a news about paypal is going to accept bitcoin as one of payment gateway. This may help for their survival, but not sure for how long.
I also have left paypal after hearing that they are freezing accounts of people, when I was not on bitcoin all my money was on paypal and every time I was worried about my money as everyday I would hear a news from someone that their account is freeze but when I knew about bitcoin I adopted it for my online business and transferred all my money to there.

If we have an option of bitcoin then why to deal with Paypal, as you need to follow lots of rules and regulations in it, bitcoin allows us freedom to buy anything hassle free.
yes, bitcoin is really great because it allows people to use it freely and make any transactions they want whenever the want, i think thats the best money that ever been created

i think that the future of the bitcoin is definitely going to be really bright and it will allow us all to make some good money for just holding our bitcoins, i hope my predictions will turn out to be true

Yeah and the best thing about bitcoin is that you have access to your funds 24/7 and there is no public holidays involved in it and you can transact anytime you want, so I think bitcoin is the future of the currencies.
585  Bitcoin / Bitcoin Discussion / Re: What to do with your 13 bitcoins on: June 21, 2016, 09:20:19 PM
What is your favorite part of bitcoins. Sorry about writing about the 13 bitcoins, I was writing it for another person and by mistake it ended up here
if you give me really stand 13btc to me right business. then i will buy the product, then I buy my clothes, cars, shoes, watches, and food, the rest, to invest much time is left

Yeah you can buy anything with that high amount, but don't you think if you hold for some more days then you can buy a better car, better and branded clothes, shoes etc.
586  Other / Off-topic / Re: 2016, The Year of Bitcoin? on: June 21, 2016, 09:18:05 PM
2016 is the best year for bitcoins
Any year can be the "Bitcoin Year" as long as the value keeps increasing at a dramatic value.
2014 would be an exception because that was when bitcoin's value dramatically dropped as in waaaaaay down.

That was an exceptional case and that won't make any difference to many people as they were not part of bitcoin community at that time but this year will be surely the year of bitcoin as we are expecting some good price from halving.
587  Economy / Speculation / Re: FOR THE LOVE OF GOD DONT SELL YOUR BITCOIN on: June 18, 2016, 06:42:32 AM
I will not sell any coin until I don't see the price of $1500 and even if it takes next 6 months to reach there I have patience to wait and hold my coins till that time.


6 months is no time at all to wait.

Yeah as we have been waited to see higher price of bitcoin since long time then we can surely afford to hold our coins for next few months as price will be beyond our expectations.
588  Economy / Speculation / Re: When Bitcoin will pass 1000 usd again ? on: June 18, 2016, 06:40:41 AM
bitcoin will increase to $1000 before the block halving
this is my predict.
because the prices rise up with very fast in these several days almost every people here was thinking such as you but i guess need more time to reach $1000 and i'm thinking the highest prices before halving is $850 not $1000


I think the price of $850 is possible before the halving and if it achieves that price then we can expect very best price at the time of halving.
589  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: June 18, 2016, 06:37:54 AM
Well, it's hard to predict how many bitcoins for retire on the next 20 years, because we also need to calculate the inflation in your country, maybe i need bitcoins around 50-200 bitcoins.
Right depends on the needs and expenses in your country. Maybe if you live in NY you might not be able to survive with 50 bitcoins for a long time. I think you should have this much bitcoin : expenses in a month ( in $ )  x 20 / 1000 , this much bitcoins.
I never really thought of it that way, but that is definitely true. If you live in a third world country, then you could probably buy a house for much cheaper than a house in a first world country.

That's correct and it depends on two major factor, where you are living and what will be the price of bitcoin in future, but its always good to hold more number of coins.
590  Economy / Economics / Re: Why have Bitcoin instead of cash? on: June 18, 2016, 06:36:15 AM
Cash and Bitcoin are very similar because they are both currencies. However, Bitcoin will rise in value much higher than the dollar could ever dream and so in this respect you want Bitcoin and not cash

Cash is physical where as bitcoin is digital, there are high chances of getting robbed when it comes to cash but same doesn't goes with bitcoin as its not easy to hack your coins.
591  Economy / Economics / Re: Why do you buy Bitcoins? on: June 18, 2016, 06:34:42 AM
I use it mostly for investment purposes but I also buy a lot of games from g2a.com and csgo keys from steam because they now accept Bitcoin.

Yeah and we will find many more sites in future that will start accepting bitcoin as a mode of payment, but majority of people are buying to make profits at the time of halving.
592  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: June 18, 2016, 06:33:11 AM
People enjoy buying gold as it looks very appealing and it also holds a lot of value. For Bitcoin, it holds a lot of value but there is no physical form except for collectable coins. Also, gold has been around for a much longer time compared to Bitcoin.

Yeah people have more faith in something that they can hold it physically, and bitcoin doesn't allow that, as its only in digital form, but existing users of bitcoin will continue to invest in bitcoin.
593  Bitcoin / Bitcoin Discussion / Re: What's stopping people from using bitcoin? on: June 18, 2016, 06:30:59 AM
For most people bitcoin seems to be dangerous. It's online money and people don't fully understand or trust online.
Think about the hacks/ criminals that happen. Most people are just scared.
Exactly the reason, most of the people are worried that they dont know how bitcoins work and how they regulate. Hence most people are worried and try not to use bitcoins and those who took time to understand how it works are enjoying now.
It's why we need to teach them about bitcoin and giving some knowledge and information about bitcoin. and bitcoin regulate is important can make everyone is interesting to join or try bitcoin.

We try to teach people around us about bitcoin but the fact is majority of them are not interested in it as they feel they will loose their money in long run.
594  Other / Off-topic / Re: Steady Way To earn Bitcoin Online... on: June 18, 2016, 06:29:24 AM
I think now is the right time to start trading by buying some trusted altcoins. Now their price is low because they are only depending on the price of bitcoin so if i have at least 1 bitcoin i will buy many altcoins and keep it and i will sell it for a higher price.

You cannot expect steady income from trading bitcoin or altcoins, the only way to earn steady income is from signature campaign as there is no risk involved in it.
595  Bitcoin / Bitcoin Discussion / Re: How to teach someone about Bitcoin on: June 18, 2016, 06:27:49 AM
Teaching someone is not an easy task as you don't know what is the mentality of that person either he have faith in new technology or not, so its better to explain them in simple way.
596  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: June 18, 2016, 06:25:57 AM
if you give me 10 bitcoins i will invest them all in different altcoins and continue my trading this time with greater amount of invested bitcoin. and then we can share in the profit 50/50 and enjoy it.

If you ask me. I will just hold it and i will sit back and relax for earning daily without  doing anything and after the price reach to $1k per piece i will sell all my coins and i will wait for the price to calm down and i will invest again on bitcoins.

That's the right thing to do, if you are able to make profits then you should sell your coins and secure the profits as you always have an opportunity to buy again when price drops.
597  Economy / Speculation / Re: BTC is going up and up on: June 17, 2016, 05:05:17 AM
Yes its stays rising and rising and this is a good sign, its now rising due to the chinese people but the halving is also in coming so people are also buying because of that too.
Well I agree that's a factor why bitcoin's price rise. Another factor why bitcoin's price rise today is because many investors started to trust bitcoin and they buy it so there's many buyers now compared to the buyers way back 2013.  Smiley

Price is going higher now only because majority of people are buying coins now, and they will continue to buy till the halving but panic selling can create an havoc after the halving.
598  Economy / Speculation / Re: When Bitcoin will pass 1000 usd again ? on: June 17, 2016, 05:03:06 AM
Very fast, if price continue to go up with this speed. You say week before halving, I'm thi its higher probability for that to happen in weeks after halving .

I'm guessing we will see much higher price then 1000 $, maybe we can set up new all time record. For me that is very possible, many new people joined, people trade with btc and some other alt coins more then ever, adoption is higher then before.. there is more facts why btc can rise even more then ever before.

Yeah and I think bitcoin will touch $1k price before the time of having and we can expect much higher price by then, as price rally indicates that anything is possible at halving.
599  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: June 17, 2016, 05:00:32 AM
I don't know anybody who did it personaly, but i think that people who working like this, i mean full time on bitcoin, they know and understand what and how to do to make money for living.


People who has a day job usually makes the bitcoin world as their side line. They wanted to have multiple sources of income. People who are doing bitcoin in full time are mostly people who are people who basically can't get a job for some reasons. Although not everyone who's full time on bitcoin are uneducated, there are some people that chose to make Bitcoin as their day job. Maybe because they are earning much more in bitcoins and they want to focus on it, and they just see their previous day job as a disturbance to their bitcoin journey.



Very rightly said, people who are not satisfied with their jobs or who are paid less will surely think to quit their job and get full time into bitcoin even if they are earning less bitcoin allows them flexibility to work.
600  Economy / Economics / Re: Mining coins save or sell it? on: June 17, 2016, 04:57:46 AM
I think save it, for me that is the best way to earn money because this is crypto world and in this world it is full of surprises. We just need to have a lot of patience when keeping and who knows the price will skyrocket in the future.

Agreed that anything is possible with the price of bitcoin in future, so its better to save it for future as everyone is predicting very higher price in future.
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