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61  Economy / Speculation / Re: Accumulation Phase on: August 20, 2015, 12:48:09 PM
Just accumulate while people panic sell and talk about single digits or something


they only make things cheaper for you

Exactly. Nothing like getting rich at the expense of others  Grin.

One should be very careful while buying because "accumulate when others are panic selling" is correct only you should be a discipline buyer. You shouldn't just jump and buy all at one time because we do not know the bottom yet. If it goes to 100 level then you will loose lot of money so buy progressively to gain more profits. As of now, do not know how long it will be down just wait and see  
62  Economy / Gambling discussion / Re: Cricket match prediction discussions on: August 20, 2015, 12:11:00 PM
India Loosing ... they are repeating and the immatureness of new captain is showing

India is throwing the good position, hope they win this test match. Smiley

India is now Known with its players participating in Political activities , ex- Virat Kohli , he is now not much considered with his performance rather he is much seen in allegations against MSD(Dhoni) , What the Fate of INDIA , hope if Virat gets the Power in future he will Rush in Virendra sehwag and Yuvraj Singh and that day will be difficult for all Dhoni Fans and will be a mile stone in Decesion for Indian Cricket.

India so for played just OK because they didn't utilize the first couple of good partnerships. If they can still manage to score 500 + then it will be good competitive first innings score and again they need to repeat the first text match bowling performance to capitalize this good score. They have to win this match to gain some confidence level under this new captain.

Yes team has currently lot of politics inside so they can't concentrate on the game and indian middle order is very weak in test format. Still can't predict match results - need to wait for at least first innings to finish.    
63  Economy / Economics / Re: Alright , Time to Dump or Time to Buy ? on: August 19, 2015, 12:20:37 PM
I guess , its time to Buy as the worst case scenario could be 200 , and i think The most It will hit 210+ and again it will Bump Up!
so its time to get some.



you might be right, but as i am surfing blogosphere, there still are opinions that it might drop even to two digit price. the only thing is theres no possible ways of predicting it.

As you said if it reach 200 some thing and bump up should be fine but if it moves down to 100 level how? So we need to understand is this panic just because of what reason otherwise we may loose more. I think one reason is Bitcoin XT amy want to capture Bitcoin network. If this intention successful then this may lead to create problems to Bitcoin and its investors in future. So if you want to be a bitcon investor then you may start buying very small quantity to gain more profit.
64  Economy / Gambling discussion / Re: Cricket match prediction discussions on: August 19, 2015, 12:11:00 PM
Now SA are at 112 in 23rd over with the loss of just one wicket. New Zealand thought they can take few quick wickets with the new ball so they choose to field first but their first calculation went wrong. Now they have to chase the SA score however in cricket game chasing any score is always a very tough job. Any way this match will be quite good to watch and I feel SA will have more chances of winning this match compared to NZ. 
65  Economy / Trading Discussion / Re: How do I grow my btc? on: August 17, 2015, 03:46:38 AM
The best way to grow is lend your bitcoins for some interest to trusted people on this forum with proper collateral. Never ever loan without any proper collateral . Another place is btcjam.com but here you need to be very very careful because some people who abuse the site and steal loans. Invest only if a person has not only a good sized history of repaying their loans on time, but also good reviews. Spread it across a lot of loans that you believe are trustworthy.
66  Economy / Economics / Re: Why is Bitcoin value more Volatile? on: August 17, 2015, 03:23:06 AM
bitcoin is considered as a commodity than a currency. Bitcoin is not tied to the strength of any particular country economy and these are under control of a any big institutions. But price is set by those who sell bitcoin so when there is a more rush by people to buy bitcoin for some reasons then price will move up very fast and it will come back also so fast after demand cool down.
67  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: August 17, 2015, 03:12:02 AM
Bitcoin is definitely virtual currency and it is definitely an interesting concept. The problem with Bitcoin is that unlike the dollar, gold or land there is nothing actually backing it up other than the internet people trust. So I don't think it will become a global currency.
68  Economy / Speculation / Re: Where do you feel the bitcoin price will be by the end of September 2015 ? on: August 16, 2015, 12:25:03 PM
I believe the bitcoin price will stay between $200 and $300. In last month the price of bitcoin showed all the signs of recovery, sitting slightly above the $275 mark because there was a good news from russia, ukraine and vietnam, as well as the greece debt crisis and chinese market crash, all seem to have contributed to the recent growth of bitcoin.
69  Economy / Speculation / Re: Where do you think bitcoin will be by 2020? on: August 16, 2015, 12:19:39 PM
I think it will go above $1000 and beyond probably not this year. I think we'll only see 3 digit figures in 2015, but it will recover. If you think about it the november 2013 price spike is really interesting because it proves that bitcoin's value can surpass $1,000 per coin. It was just premature. But I think within the next 2 to 3 years or so we will see prices over $1,000 and this time it will stay there because it will be natural growth not a bubble like the last one.
70  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: August 16, 2015, 01:46:53 AM
Bitcoin will never replace the dollar. The dollar is too cemented into culture. Bitcoin will surely be accepted more as payment when it stabilizes, but the dollar and other physical currencies have made too much of an impact to be replaced. It's a far stretch to say that any physical currency could be replaced by a cryptocurrency.

Correct, bitcoin will never and ever replace dollar. Bitcoin is a decentralized digital currency. Decentralized means it was not created by any government. Digital means it exists only online. As a currency, it can be used as a alternative online currency to buy goods and services. No government’s central bank sets the value of a bitcoin. If people believe a single bitcoin is worth 5 US dollars then bitcoin price will be $5. If people believe it is worth $500, then it is worth $500. So bitcoin and dollars are two completely different system never ever one will replace other.
71  Economy / Digital goods / Re: [WTS] SR.MEMBER ACCOUNT on: August 16, 2015, 01:29:52 AM
Isn't this in the expensive area? Full Members go for about 0.08BTC so I'd think Sr. Members would go for approximately 0.16BTC (correct me if I'm wrong).

of course not.

These Sr. Members could go up to 0.2 but not over 0.25 (higher price could apply to higher activity accounts, about 0.3 for 400 activity). However 0.28 must be a high price for a 300 activity account.

I had researched the market price before I decided to sell my Sr.member account. I don't really know for sure if this is too expensive, but I have seen someone sold his Sr.member account with 260 activity for 0.25BTC.

if you're lucky to find that person and it takes time to find that specific buyer. .25btc for me is too high

Your demanding for 0.25BTC for this account means post quality should be super good is it? You didn't mentioned any thing about post quality. If post quality not good then can't join any high paying signature campaign then no use of this account. The market price of 0.2 to 0.25 BTC is for very high quality posts accounts so you must need to provide details about your post quality and which section you posted mostly.
72  Economy / Trading Discussion / Re: Trading Tips on: August 15, 2015, 03:23:30 PM
Bitcoin is currently trading as an unregulated free market so the trading patterns of Bitcoin are purely based on emotional. There are lots of charts out there tracking the highs and lows of bitcoin against each other and against local currencies like USD. Do not do any trading with borrowed money because you will surely end up at bigger loss. Before you start your trading, you also need to fix your maximum loss so when you reach that just sell off and wait for next right time.
73  Economy / Gambling discussion / Re: Cricket match prediction discussions on: August 15, 2015, 02:11:31 PM
India need another 153 runs and Sri Lanka need 9 wickets to win this first test match. Indian opener rahul is again failed in the second innings as well but target 153 runs doesn't look very difficult for india to chase down however in cricket no one can predict how match will turn to others side. If SL pickup few early wickets then match will be very interesting to watch.

Now india 50 for 4 wickets. Sri Lanka are celebrating, they have the big fish Kohli. what a take this at forward short leg. I think this match will be more exiting to watch

What I was guessing this morning it become correct now. Sri lanka has done exactly what they suppose to do it. They didn't allow indian players to settle done today from the first over itself. They finally managed to all out indian team just for 112 runs. SL bowlers really bowled very well that to rangana herath took 7 wickets. Today SL's performance for superb. It was a fantastic match.
74  Economy / Gambling discussion / Re: Cricket match prediction discussions on: August 15, 2015, 02:36:16 AM
India need another 153 runs and Sri Lanka need 9 wickets to win this first test match. Indian opener rahul is again failed in the second innings as well but target 153 runs doesn't look very difficult for india to chase down however in cricket no one can predict how match will turn to others side. If SL pickup few early wickets then match will be very interesting to watch.
75  Economy / Economics / Re: Is it better to save money or invest it? on: August 15, 2015, 02:09:54 AM
Saving is putting money aside bit by bit, to make a lump sum money. One usually save big money for a particular goal, like having the money for a holiday or to buy some thing for you or your family members. Investing is different from saving, some of your money or savings putting in some product to grow it in long term like buying stocks, property or shares in a fund or investing in gold. So saving and investing is two different purposes and both is important.
76  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: August 15, 2015, 01:59:02 AM
The price honestly doesn't matter unless I'm storing BTCs for a long amount of time. Normally what I just do is buy a fair amount via cash deposits on localbitcoins, and then quickly sell the coins I just bought via paypal. People are willing to buy at higher prices via paypal because of the seller's risk. And yeah, it's risky but I've got some tricks up my sleeve in the case that some scammer tries ripping me off. I can easily make some decent money in these transactions so for me bitcoin prices really does not matter.
77  Economy / Economics / Re: How to save money. on: August 14, 2015, 06:15:29 AM
how to save money???
buy bitcoin and hold it Wink

I think you completely misunderstood the topic here. He is not asking for investment plans but asking for how to save money. In order to buy bitcoins first need to save money right?. Basically individual need to study their life style first and change slowly by reducing most expensive spending if it is not a must.
78  Economy / Economics / Re: Bitcoin or gold? on: August 14, 2015, 06:05:58 AM
definitelly both, i don't prefer keeping my all money in one place... you never know what happens in future, bank bankruptcy, natural disasters, war or damned hacker

Yup i agreed politely
I didn't want to put all my eggs in one basket, Don't invest all of my money in one thing
Don't concentrate all your prospects or resources in one thing, or you could lose everything.

I think your idea of diversifying investments is very good but bitcoin as a investment for next 10 years selection is not correct. Just in last couple of years it went from few dollars to 1000+ and came back to 200+. If it can fluctuate so much then it is not a good investment for long term instead you can put some money and monitor every day to take some profit. The better long term investments may be like stocks, bonds, real estate and gold.
79  Economy / Economics / Re: Devaluation of Chinese Yuan on: August 14, 2015, 05:56:43 AM
The Chinese are gearing up for something. First it was the "correction" on the stock markets and then they partnered up with the BRICS countries to create their own little circle of friends and now they are

devaluating the Yuan. It's as if they are preparing for a strategic move in the economic market. I would be worried if I was in debt to them at this moment.  Huh

Do anyone else see this pattern or am I delusional? Break the economy and win the war before it started?   Roll Eyes


It not a strategic move, it is not to make their exports more cheap. It is firefighting, they are dead scared of the price movements in equity and housing. It is panic.



They know they are in deep trouble so they are trying their best keep the economy moving up. In last couple of days the yuan decline in value by about 4 percent against the US dollar. In 2008 chinese government was intervening in the market to make its currency artificially cheap to give advantages to chinese exporters but now US economy is strong & the chinese economy is weak so china doesn't have to intervene to make its currency cheaper. Market forces itself pushing the yuan down. It is all cheating game.
80  Economy / Services / Re: [6 OPEN SLOTS] Rollin.io Signature & Avatar Campaign - NEW RULES Aug. 12th on: August 14, 2015, 04:54:18 AM
I'm joining this signature campaign

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