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6201  Economy / Speculation / Re: Bitcoin value on: May 09, 2016, 10:54:27 AM
The bitcoin value depends on its usage. I use the bitcoin to buy GPU, then sell the mined altcoin to buy bitcoin.
Usage as well as the market that defines the price. When usage is more demand automatically increases.
6202  Economy / Economics / Re: Sell Everything? on: May 08, 2016, 05:51:48 PM
I will not sell now, I have a good level of patience and I will hold until I don't see higher price of bitcoin  in future and surely will sell at the time of halving.
I have a target, once price reach it I will sell my coins.
6203  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: May 07, 2016, 05:02:20 PM
No!!!
People would never had love it then. Bitcoin is very popular as investment among many due to it's flexibility. It has very high potential and it's price is improving day by day.
You have to know the traders are not much here with bitcoin then other business owners and online earners and if they see the price as stable then they will love that currency and will keep their money as bitcoin for longer time.
If price is stable what is the use of holding bitcoin then? Instead people will use other currencies, it's popularity goes down.
6204  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: May 06, 2016, 06:07:01 PM
Hey guys,

I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more.  Grin
Everyone has his goal to have lots of btc but it depends how much we can afford to buy.
Having targets is good so that we can earn more and these gearoals can be achieved by hard work.
6205  Economy / Speculation / Re: Bet: Bitcoin to top $900 before Sep 2016 on: May 05, 2016, 07:48:15 AM
price above $ 900 sep 2016 yet it will not happen. This is only a few months away. even 2015 to 2016 did not make bitcoin price increases 2x

As quoted bitcoin price reaching $900 doesn't have great possibility. But according to the term anything might happen with bitcoin price, halving gives us the response whether it happens or not.
my suggestion is that the price will reach $700 during the month of July as of halving and it still continues, possibly it can touch $900 at the month of September, hoping a positive rise in price to happen.
6206  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: May 05, 2016, 04:57:32 AM
What a nonsense,it wont "replace" dollar,it will "just" be another big currency like USD,EUR,yen,yuan

Yeah that's correct and why we keep on comparing bitcoin to fiat currencies? let it make its own identity  and let it reach to the top and overtake dollar in future.
Well, whatever it is we can look at it later, but most likely will not replace the dollar bitcoin. My guess is the new currency bitcoin, it may take thousands of years for it to happen
Bitcoin is peculiar digital currency. There are more number of currencies bitcoin can be one among them, each country has its own and people use it according to their convenience.

I hope bitcoin will become more and more popular soon and won't replace dollar but posses the power beyond dollar in future.
6207  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: May 05, 2016, 04:48:46 AM
Nope. Interest would die off. Most are here for the prospect of price movement. I doubt usage would increase as the cost and inconvenience of obtaining them is always going to be with us.

Agreed , It would have been popular  , but not as popular as it is now . Because there would be no investments , traders , nothing , wouldn't have been much of a interest . But also it would be popular , because of its anonymity ,


No, Prices go up and down and are not stable. thats the beauty of this currency.
Yeah price variation is the nature of bitcoin but if a situation comes that the price is stable in bitcoin its popularity will be reduced definitely and the eagerness will not be there if price values remains the same.
6208  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: May 05, 2016, 04:38:43 AM
Why not if you have enough money to buy a house you should. Buying a house is never a bad idea because the value of your house can also go up so you can make money of that to if you sell that later on.
Buying house is to live in peacefully so I don't have an idea to sell it later, but when price rise if I have as much amount to buy a house then my dream is coming true sure I will buy a house.
6209  Economy / Economics / Re: Bitcoin replaces the money? Could happen? on: May 05, 2016, 04:27:29 AM
No this is never going to happen because it is just to much of a job and it is impossible to have only one currency in the whole world. But Bitcoin does not need to do that in order to be great. To can also be great without something like that.

Yes and I think bitcoin itself is a money so we don't want it to to replace other money as we need all type of currencies so that people can use it according to their convenience.

Yes I think bitcoin will not reimburse for it in my opinion is also not possible. All orag already comfortable with each country's currency. Bitcoin is a digital currency, has no form so that the two are not interconnected or even replace.
Yeah that's right each and every country have their own currency they won't be in a mentality to accept bitcoin legally and let bitcoin be in its own nature those who want bitcoin can use it.
6210  Economy / Economics / Re: Is it better to save money or invest it? on: May 05, 2016, 04:20:03 AM
Overall I think investing is way better due to the profit you can make with investing in the bitcoin.
There is just such much profit in investing in the bitcoin in a relative short time.

for short time inevesting we can selling our bitcoin with profit arround 1%-2% per day it's higher profit then interest from bank.
We want to worry much about losses while investing, trading too we can't predict when price changes, simple thing to do in this days is to hold the coins which you have and when price rise obtain good profits from them.
6211  Economy / Speculation / Re: bitcoin continuous rising? on: May 05, 2016, 04:13:05 AM
The last few days we have seen the price slowly go down. It's a good buying opportunity for those who want profits in the short term, as we know that at some point, it's going to bounce back, and could even go as high as $480 by month's end.
The fact is that because of supply and demand variations and of the investors rate the price is being fluctuating, it will be stabilized as of halving is near and will become $500 by this month.
6212  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: May 05, 2016, 04:06:43 AM
I would definitely quit my day job if bitcoin earned me more than what i am earning in a month right now. (which is approxx: 5000$) Unless then, i treat bitcoin as a side business.

In that case, your earnings in bitcoin is just a cent to your income in real life job..It means even if you don't do micro tasks such as this signature campaign, you can always bought 1 bitcoin in a month..  Smiley

I am greedy as fuck, i need every usdollars i can get my hands on. Smiley I post messages while i do my real work. But i never buy bitcoins and wait. I hold FIAT as always.
So you're just earning your bitcoins through signature campaigns? How is it working for you? I mean, I kinda know that it's just a few with signature campaigns only. And why don't you buy bitcoins? We can see the potential of bitcoins that it's going to be good.

There is not much no explain... I get my 0.035btc/week from the campaign in my signature. Which is around 63-65$/month, pays 2 of my bills. I don't buy bitcoins because i am not convinced that we are heading up. Even if we do, whenever i buy this shit, it goes down after i make the purchase. So, i just stay away.

It's kinda weird, but I think you are making the right decision not to buy bitcoin if you know that you won't be having a profit inside your time frame..Well .035 a week is good enough to keep..  Smiley
Yeah I too do the same thing we can get a decent amount as side income every month from signature campaign, I was not interested in buying coins as well as in investing. I think this is being too good to me.
6213  Economy / Economics / Re: How too get rich on: May 05, 2016, 03:52:30 AM
buy low, sell high. then buy lower and sell even higher.
repeat till you get rich. or broke.

ahhh you introduce trading very simple, where you know the price will down to X and will be rise to Y ?  Cheesy
are you have supernatural science  Undecided

If we want more profits just buying at low price and selling when price gets little higher is not enough, we have to wait for huge price rise and we can't predict when will be too high, so waiting till that is difficult. I don't think this process will make a man rich soon.
6214  Economy / Speculation / Re: If bitcoin dropped to $1, what you do? on: May 05, 2016, 02:57:43 AM
At current prices, I can only go as low as $300 before selling what I have. If it goes down further, that could be a bad sign for BTC already, or something terrible must have caused it to continuously plummet. Panic sets in already and holders will do anything to get rid of what they have at dirt cheap prices.
At first it is Impossible for the price to be reduced to such a low value , the least bottom value at this instance can be $400 and if it gets reduced below that value just buy coins with sure that bitcoin will increase within another few day.
6215  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: May 05, 2016, 02:53:02 AM
I would invest it in a bitcoin casino

Bitcoin casinos used to be a good investment back then. I don't think it's a good investment now unless a trusted one reopens for investors.

I can't say that investing in bitcoin casinos is a good investment then because we all know that gambling is very high risk.
Better not to invest in casinos if you don't know what you are entering better find other ways to invest
your money.
Yeah don't invest in high risk methods if you want to invest for sure then take a note clearly in it and invest with more care. Also find the best method to invest your money that is very essential.
6216  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: May 05, 2016, 02:32:43 AM

Why we do not have to get rich, we have to get rich, as the life of rich people are more peaceful than those who do not have money for their needs and those who do not have enough money to help others, we have to get rich so that we give all the happiness to our family and to needy people.

Yes, itsa good point and den we feel rich on da inside of us too and we feel da tranquility of life.

You cannot be rich by just doing nothing, of course, you have to work it out so that you will become rich. And it is one the encouragement
to you need to be rich so that you can be out of the line of being poor and you can start helping other people specially your
family and your friends.
Yes really seems as if just using bitcoin it will not make us rich because bitcoin I think is more appropriate for as additional income only. If you want to get rich we have to work out there. But there are some people rich with bitcoin, he can become a millionaire here. Maybe they work hard so they can earn a lot of income in bitcoin.
People are there who earn bitcoin and invest in various methods so that if they lose in one will gain in other, as days goes on they will be much experienced and keeps on researching and then invest, that's the secret behind most of the successful persons.
6217  Other / Off-topic / Re: Do you still believe in bitcoin on: May 05, 2016, 02:25:42 AM
There was a time i believed in the bitcoin but for now i am not so sure about it.
He lost so many publicity and not many sites are using the paying method.
For me it's just a dying paying method only used these days for the gamblers.
You might be a peculiar case. Like most of the people starting bitcoin without any hope on it but after some time they will start believing bitcoins. Only very few people who would have lost their belief on bitcoin by changing their mind after came into bitcoin. I guess you are not following some proper guide to decide your opinion on the bitcoin ecosystem.
We have to respect everyone belief in bitcoin, beside it's their failure if they don't believe on it and on the other hand we have the most success for bitcoin believers, I personally never doubted bitcoin that is now I am enjoying my profit from it, though it is just a small amount if converted at the current value today but a profit is a profit.
My suggestion is that we can believe 100% in bitcoin but we have to use it in proper way, if you prefer to do gambling you may sometimes lose all your coins as you won't stop it while you lose few by greed we will lose everything that is your addiction in gambling and not the mistake of bitcoin.
6218  Economy / Economics / Re: Bitcoin worth to you or not... on: May 04, 2016, 07:42:16 AM
The price of Bitcoin is rising. So it's worth investing in for sure.

What you have is very true. If you have enough money in investing then go investing because just for the short period of time.
Return of investment is very fast even it will just pump a small amount but because of volume still you will get profit from it.

Absolutely true, investing in bitcoin is worth more then investing in any other product at a moment as price is moving up so we can expect huge returns in future.
thats right investing will be worthier but if some lose happens what you will do? your profits will go down while price increases. so while investing invest a few amount and make more research before investing so that you won't be scammed.
6219  Economy / Speculation / Re: bitcoin continuous rising? on: May 04, 2016, 07:38:12 AM
nope, bitcoin is not rising continuously, it is just fluctuating, it is hovering around $450, hope the upcoming halving changes the present situation and makes the price to increase, providing more profits to its users.
6220  Economy / Economics / Re: How to earn money with bitcoin ? on: May 04, 2016, 07:34:39 AM
A lot of ways of earing money with bitcoin, the most popular is faucets and signature campagins. Side ways of earing money is gambling and other unrealiable stuff.
The most legit way of earning without you engaging in risk is through signature campaign, I think it is the best job for the average people here in this forum. You can earn a decent amount if you know how to roll you earnings from signature campaign and I recommend to invest it in trading.
the best way is to earn from signature campaign and i dont advise people to invest it in tading as trading is more same as gambling, it has more risks if you are not experienced, so if you are interested in trading just invest a very few amount at start and if it is well and good then you may continue.
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