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6161  Economy / Economics / Re: If you were in desperate need for money.... on: July 13, 2016, 06:09:51 AM
There are times that people do experience that kind of situation where some people got panic and thinking any ways to get some money in a fast way which sadly to say that others choose to scam and followed the wrong way in able to achieve its goals even in a dirty way. For me just find a job or search for a friend and borrow money to him/her and show some collateral for assurance rather than doing bad things to other people.
6162  Economy / Economics / Re: Bitcoin Price Passes $750 to Hit 28-Month High on: July 13, 2016, 06:04:12 AM
My expectation to Bitcoin price that it would increase this year or year 2017. I'll guess it would reach 1000$ or more. Well,no one know when it would happen but for sure it would benefit us all especially to those who hold their Bitcoin and waiting for the right time to exchange.
6163  Economy / Economics / Re: The Halving - Good or Bad for Bitcoin? on: July 13, 2016, 05:57:01 AM
The halving is part of the system of Bitcoin which make a good effect to us who uses bitcoin because after each halving event price of the coin increases gradually even it goes down sometimes then suddenly comes up again. So everyone must expect that bitcoin price would be high in these coming years.
6164  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: July 13, 2016, 05:41:07 AM
It would be more popular if the price would be high,lets say $1000 then many people would be interested to bitcoin, if the price would be lower $1 then people would search for another coin with higher price. Well that's reality people searched for things that is better than the other that could benefit to them.
6165  Economy / Economics / Re: What is your best investment strategy? on: July 13, 2016, 05:35:26 AM
I just hold my Bitcoin until it reaches a certain high amount and that's the time I exchange it and able to make some profit to it just simple as that then go back again, purchasing Bitcoin in lower price then sell it on higher price.
6166  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: July 13, 2016, 05:29:04 AM
If you have lot of Bitcoin, why not?. It all depends when would Bitcoin increase it price, if it would reach $4k, then. You have atleast 100btc then convert to fiat then buy a house. There are lot of things that Bitcoin can do, it will matter to its price though.
6167  Economy / Economics / Re: How good are you at managing your money on: July 13, 2016, 05:20:30 AM
In managing my money I could say that I'm not really good at it because I keep spending even to those non important things but later on I just realized that it's very important to manage your funds well if you don't like to experience like a beggar.
6168  Economy / Speculation / Re: bitcoin continuous rising? on: July 13, 2016, 05:08:35 AM
Bitcoin price is unpredictable either it rises or go down but as we see in previous years Bitcoin rises its value every year and we can make a good profit from it.  Grin
6169  Economy / Economics / Re: Are electric cars bad for the oil industry? on: July 13, 2016, 05:03:23 AM
It would definitely affect the oil industry when electric cars would be the trend but it takes time to fully replace it because EV is more expensive I guess than those normal cars nowadays. Ev needs more improvements in able to use it in everyday living.
6170  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: July 13, 2016, 04:46:55 AM
Bitcoin is spreading throughout the globe and it would be more convenient to us who uses bitcoin in buying stuffs because many merchants would do accept btc as a payment and soon would became more popular which the time comes it would be known as one of the global currency.
6171  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: July 13, 2016, 04:41:28 AM
You can leave your day job If your income in Bitcoin is bigger and needs to focus in able to make it stable but for the coin itself no one knows what would you the price in the future. It's not a good idea to quit your day job, make Bitcoin as a side job and both would give you a stable life in terms of financial.
6172  Economy / Economics / Re: Tell me your predictions about Bitcoin on: July 13, 2016, 04:09:34 AM
5 years from now I think Bitcoin would spread throughout the world and would be used as a normal currency in our everyday living as of now the time progresses Bitcoin do also. This coin have a big potential of increasing its price for the next next years to come.
6173  Economy / Economics / Re: What if US Dollar Crashes? on: July 13, 2016, 04:01:56 AM
when the time comes that USD would crash,it would affect all the economic state of each country since this currency is one of the major pairs in Forex. It would also affect the price of btc since USD dropped it's value.
6174  Economy / Economics / Re: [CHART] Bitcoin Inflation vs. Time on: July 13, 2016, 03:58:30 AM
Thanks for the very precise and informative chart it shows the potential price increase of Bitcoin in future years. Now I have the idea how this coin is very progressive. The chart shows the system of supply and demand.
6175  Other / Off-topic / Re: Do you actively spend your bitcoins? on: July 13, 2016, 01:07:48 AM
I do spend my Bitcoin wisely. I'd use it to buy digital goods,load,gamecards and kept my remaining Bitcoin and spend it only in times of needs or an emergency. Cool
6176  Economy / Economics / Re: Best way to turn 2BTC into 4BTC on: July 13, 2016, 01:05:15 AM
There's no fast way to double your money maybe you can double it fast by doing gambling but chances to lose all your money is high so I wouldn't recommend it. Also in ponzi sites if your really desperate to grow your btc just try but don't forget the consequences.  Angry Grin
6177  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: July 13, 2016, 12:36:37 AM
There's no guarantee about the price of Bitcoin on that day you expected but for me Bitcoin has the potential to increase as you see on the market how this coin rises it's value every year passes.
6178  Economy / Speculation / Re: 350 USD in August on: July 13, 2016, 12:34:03 AM
It would be possible since no one knows what would be the price in future of Bitcoin. Just observe the first halvening it decreased soo suddenly then goes up after how many months. So, no one can guess what would be the price in future since many factors does affect the price of btc.
6179  Economy / Economics / Re: Spending Bitcoins on: July 13, 2016, 12:28:18 AM
I think 15% of the population here in my country uses Bitcoin it's not popular here and you can only count merchants does accept Bitcoin for buying some stuffs. I usually use my Bitcoin for loading my mobile phone and cash out it to fiat using it for my needs and wants.
6180  Economy / Economics / Re: Why have Bitcoin instead of cash? on: July 13, 2016, 12:07:41 AM
Bitcoin increases it's price as the time goes by,same as currency but they go up but not as high as Bitcoin. It can give you convenience even though your wallet is empty with cash but your Bitcoin is there inside your pocket ex. In your mobile phone and also no one can steal it from you.
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