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601  Economy / Speculation / Re: If we hold 300... on: July 05, 2016, 04:11:53 PM
Well IMO I think it will rise at least 700$ this coming halving and 1000$ is also possible but it would be hard I think. Well even if it's hard im still waiting for bitcoin's price to sit at 1000$. If that happens ill sell.

$700 is possible after the halving. It is still within a small trading rate. $1000 is for the price 6 to 9 months later.

$700 can be achieved before the halving, and I think it will touch there before 1 or 2 days of halving and $1k will be achieved at the end of the year.
602  Economy / Speculation / Re: Back to $ 400 soon? on: July 05, 2016, 04:08:54 PM
Well maybe it will go back to 400$ after halving maybe not. It will depend on what will happen in the future.  Grin
That's very unlikely to be the case even if extremely short term. No miners would be able to afford mining at that cost and the network difficulty would spiral downwards like the Titanic. Something does not simply lose half of its value in a day like that with this much volume behind it.

In the short term, the price could drop to $500. But that will only happen after a very big bad news, and very briefly.

The price just dropped to $530, not far away from the $500. There is no big bad new. The price is simply too high.

The price is rising again. The bitcoin price is so volatile. I am not sure if that will attract many investors or users.

This volatility is the perfect gift for traders. If Bitcoin wasn't as volatile as it is right now, I am quite sure that it would have less wealthy investors looking to join Bitcoin. Let's be happy with it and see it as an opportunity to make money.

The volatility is good for good traders. I tried to trade before, but I always buy at the top and sell at the bottom.

So are you trading to make loss from it, I means what is the use of buying at higher price and selling at lower price, I think you should learn first and then enter into trading.
603  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: July 05, 2016, 04:06:21 PM
If someday i can find a job that provide much bitcoin on that job, i will thing about it. But i'm not sure job in bitcoin can go for long run. I think it's better to stay on your day job.

I also would think about it but I most likely will not do this because I already have a great job and maybe I even will turn my own company in the future in something with the bitcoin.
Its for me really depending on the market of the bitcoin and the popularity also.

You can only afford to get full time on bitcoin if you are earning higher amount of bitcoins and if the price of bitcoin is higher and stable but I don't think price stability is ever possible.
604  Economy / Speculation / Re: bitcoin continuous rising? on: July 05, 2016, 04:03:14 PM
People are buying, accumulating, adding to their bitcoin stack and hodling, anticipating and keeping in mind the upcoming halving.

Yeah I second that. As long as people keep buying Bitcoins and don't sell anything the price will continue to rise. When everyone decides to offload their stash for profit the price will drop then people will buy again and the story will repeat itself. I expect to see a pump before the Halving though as it will be an opportunity for the speculators to make some easy money this year.
The price did go up the last weeks but I am confident soon it will start going down again so I am following the charts every day now.
And got my sell orders in place.
Then wait for nothing as the price will never go down now because the halving will double the value of bitcoin or atleast make it 50% higher than the old price we had which is $400. Expect the price to stabilize between $600-$800 value.

We are already above $600 so we should focus on higher price now, as we are close to $700 now so may be in next few days we can expect the price of $800.
605  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: July 05, 2016, 04:01:03 PM
I do not think that the Bitcoin is going to be used by everyone in 2022 because that means that most of the people will make use of it.
Bitcoin is never going to be on that level because too many people would not even try and bother with it.

Exactly only youth will prefer to use it and we cannot expect that older generation will start using it, so I don't think that everyone would be using it by that time.
606  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: July 05, 2016, 03:58:56 PM
I am an active trader and price really matters for me as I buy when I think price is good  to buy and sell when I am able to make some profits from it, so price is really important for me.
607  Other / Off-topic / Re: How kids can "earn" Bitcoin ? on: July 05, 2016, 03:53:56 PM
My kid wants to make some money.

I never cared much of those easy systems but seems it would work for him.

I gave him 2 faucets but i ALSO remember there was servers/games where one could make Bitcoin [or altcoin] just for playing.

Would you remind ?
I think signature campaigns and solving captcha stuff is the most appropriate
I want to ask you. because you say that the signature campaign is suitable for small children?
you think if a small child to join in Siganture campaign. what will they discuss? and what will they do here? I hope you can answer it dude



Exactly not possible for a kid to join a campaign and make quality posts, as to participate in it you need to have good knowledge of bitcoin and that is not possible with kids a this stage.
608  Bitcoin / Bitcoin Discussion / Re: Halving is a profitable??? on: July 05, 2016, 03:49:09 PM
No one can say if profitable coz the now of bitcoin in halving time become half.so let see if halving have get good result or bad.
yeah no one can guarantee that halving will benefit to them. which surely will give halving losses for miners? for profit will not anyone know?
because the price is not necessarily going to go up when halving come ? halving will come soon wait and let's see

Halving can reduce the fresh supply of new bitcoins. So if the demand is the same, the price will rise somewhat.
Ater halving is occurred I think miners will suffer badly if bitcoin prices remain same as now. But as you said if demand of bitcoin grows those who are holding up their bitcoin will be in higher profit for sure.

Price will rise after few months of halving for sure, so its better not to sell coins at halving and hold it for next couple of months to earn higher profits.
609  Bitcoin / Bitcoin Discussion / Re: Anyone have plan to make income on bitcoins :) on: July 05, 2016, 03:46:16 PM
We all are making part time income from bitcoins, but to make it full time income from it is not possible at this stage but may be in future we can get full time on it.
610  Economy / Speculation / Re: Bitcoin will be stable in 2020 on: July 04, 2016, 10:19:41 PM
We do not what is going to happen in 2020 with the value of the Bitcoin because allot can happen with in these next few upcoming years.
We can only speculate and hope that the future is going pay off.

It would be a waste of time to keep on thinking that long, as no can predict what will be the exact position of bitcoin at that time, better to concentrate in present.
611  Economy / Economics / Re: Spending Bitcoins on: July 04, 2016, 10:17:25 PM
Spending bitcoin is not the best thing you could do right now because of the fact that the halving is coming this month.
With the halving that is coming its just not smart to spend your bitcoins, it even would be bad for your profit.

Of course its your own choice so..

No one will prefer to spend now as now we are getting closer to halving, its better to give some rest to bitcoins and spend when we see higher price at halving.
612  Economy / Speculation / Re: bitcoin continuous rising? on: July 04, 2016, 10:14:55 PM
I am thinking it will be a continuous rise, can't see a drop. It has been way too quiet lately and we are approaching the halving.
Now at the moment the price is rising and dropping until the halving but what is going to happen after the halving is still a question.
I hope that the price is going to be higher after the halving because I want to sell some coins to make doe money.

I am eagerly waiting to see higher price so that I can sell my coins and secure some profits, I will prefer to sell when I will see the price of $750.
613  Economy / Economics / Re: How to make 17 BTC out of 7 BTC ? on: July 04, 2016, 10:12:30 PM
The best way to make 17 Bitcoins out of just 7 is to spend your money to invest in more because the other option like trading and gambling are pretty risky and I would not recommend doing that.
I now that the Bitcoin price is pretty high right now so not everybody can afford spending that much money.

Nobody wants to loose their money in gambling at a moment as price is high now and we can expect even more higher price in coming days, so its better to hold and not invest at any wrong place.
614  Economy / Economics / Re: I have 12 BTC in my Account, How should I invest this?? on: July 04, 2016, 10:09:51 PM
Advice, tips, speculation please.
You should hold on to them for the future because then it allows you to make more money or you can sell right now if you have bought for less.
Then you can use the profit to buy more coins to hold on to them and sell them later again also for a profit.

Yes holding is the best thing you can do at a moment as it is the safest way to make profits in future, as investment involves risk resulting you to loose your coins in long run.
615  Other / Off-topic / Re: Earning a living with bitcoin? on: July 04, 2016, 10:07:47 PM
Current price doesn't allow us to earn a living from it as price is not too high at a moment, but if price goes higher in future then we can expect a living from it.
We can clearly see that the price is increasing day by day, this day the price of Bitcoin is around 650$, so we should hold our coins with good patience,
After the halving(july 10) we can see that the price will increase so high that we can afford to live with BTC if you have holded more number of coins like around 100 btc + and the price must be around 1000$ +


Don't forget that when the price of Bitcon goes high the payments in Bitcoin go down. It's not like the price goes up 10% and immediately they pay you 10% less, no. But if the price increases 150% - 200% for sure they will lower the payments.

That's true but even if they lower the payments you can earn good as price is higher, but still I find it risky and not possible for me to earn a living from it.
616  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: July 04, 2016, 10:02:21 PM
I want ask anyone if i give you 10 Btc what will you do. because i want investment but i have no any good idea to invest it (except gambling) but i don't like dambling.So i want ask you viewS.
I think that I would sell all of them because those are free so all the profit is mine, I know that I could wait but when something is free I cannot bee that patient.
So selling them all at once is the only other option for me.

Even if its free why not to make best use of it by holding it and earning higher profits in future, I would definitely prefer to hold and sell only when price goes higher.
617  Bitcoin / Bitcoin Discussion / Re: What should I do to get bitcoins? on: July 04, 2016, 09:59:25 PM
What you should do to get Bitcoin is to take your money and buy some Bitcoins with it because that is the easiest and fastest way to earn them.
You can also earn them with gambling but I suggest that you do not know because we know how goes with gambling.

Gambling is not the right way to get bitcoins, as it may or may not work for you and I bet majority of times it will go against you and make you loose everything that you have.
618  Bitcoin / Bitcoin Discussion / Re: People Are Just Too Stupid to Use Bitcoin Right Now on: July 04, 2016, 09:56:53 PM
"People are just too stupid to use bitcoin right now,” I overheard someone argue at a bar a few weeks ago as we were discussing the potential of cryptocurrency. “Society’s understanding of where money comes from is the real challenge.

This is the whole article I read at cointelegraph
I also do not know why people are using there Bitcoins at the moment to gamble or to buy stuff online.
At the moment you can make much money with the Bitcoin and it is only going to be more so hold on to them.

Yeah this is not the right time to spend, and if you are spending now then you are playing with your profits which you can earn at the time of halving.
619  Economy / Economics / Re: The future of the paper money on: July 03, 2016, 06:00:56 PM
Paper money is okay, i can't understand people who want change it on digital? Why? Digital money is not so safe cause every system can be hacked.

Because they are saying that we are now in the modern days where technology is more popular rather than paper money.
And it is more convenient to use if we are going to use digital money at all.

We will find users of both currencies in future, people who spends more time online will prefer to use bitcoin and people who hates internet will continue with paper money.
620  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: July 03, 2016, 05:58:43 PM
bitcoin is currently still a sidejob, because I have not been able to get a lot of bitcoin. but once I can get a lot of bitcoin I would be out of work and took a full-time in bitcoin

If you are confident that you can earn good amount of bitcoins then there is nothing wrong in getting full time into it but you need to do good home work before entering into it.

If you are satisfied for it that bitcoin is my only source of money than you can quit your job. But I think you should take this as like a side business. Because in job you are mindful that you have to be paid for your monthly salary. In bitcoin, up and down are a part of it. So I will never quit my job and trade bitcoin in spare time. That's maybe good for anyone ! Smiley

Yup its difficult to get full time in bitcoin with current price, as price is not too high which can divert our mind from full time job to bitcoin, but if in future if price goes higher then we can think about it.
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