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6261  Bitcoin / Bitcoin Discussion / Re: Bitcoin is DEAD... on: February 13, 2016, 12:17:54 AM
The bitcoin is not dead for sure, it has a good future a head, think about the halving that is coming for the bitcoin. There are some people that are just hating on the bitcoin because the lost a lot of money because they sold on the wrong time.

That's true mate, they have gone through losses and they don't want that other should make profits from bitcoins, so they are just involved in spreading negative news related bitcoins, which is bit disappointing.
6262  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: February 13, 2016, 12:13:22 AM
I would grow my bitcoins by working on signature campaigns, as I believe that  it is the safest way to earn bitcoins at initial stage, try to work hard and rather then going for quick money in terms of gambling, as I know I can't win everytime.

I also think this is the best option to grow your bitcoins, its pretty profitable and the only thing you have to do is posting on the forum. I think its the best option because there is no risk that your taking.

Yeah but you need to post a quality post or else if you are involved in spamming then you would surely get banned from the campaign, post less but make sure it holds quality, and if it is done you can earn a good amount in the form of bitcoins.
6263  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: February 13, 2016, 12:11:12 AM
My guess is no!

Banks have different roles with bitcoin, as reliable storage for public money, the making of money, and borrowing money in the real world and if the bank does not exist, there may be economic damage to all involved.


That's true, bank can never disappear as bank involves the savings of the society and society is used to banking system since its inception, so its hard to believe that people would leave banks and switch to bitcoins.
6264  Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase? on: February 13, 2016, 12:08:52 AM
I would be willing to sell my coins if the price reaches $500 but with the current state of affairs I am not sure if this moment will even be this year or not.

It will take some time for bitcoin to reach $500, looking at the present scenario I don't think it will reach that value soon, but we need to wait till halving, if halving creates positive impact then there is possibility to reach to that value.
6265  Economy / Speculation / Re: Bitcoin in 2020 on: February 13, 2016, 12:06:56 AM
The bitcoin in 2020 will be very big, and popular.
Its already getting more popular by day, also the price will rise to a high amount.

The value of bitcoin will depend on its popularity and the adoption level of the people, if we find more users of bitcoin till the year 2020 then the price would be much higher and stable, can't predict what would be the exact value in 2020.
6266  Other / Archival / Re: Do you think bitcoins will disapear or become unused? on: February 13, 2016, 12:04:25 AM
The bitcoin will get unused in the bitcoin for sure.

Bit it will only happen in about 20 years.

I think that because there will be other digital currency's.

I think it will used very much years even 20 years later.
The future of the bitcoin is bright and the its getting more popular also, its the currency of the future.

Agreed, it will never become unused, in fact the use of bitcoins will grow day by day and would be accepted everywhere as a payment system, bitcoin here is to rise and not to fall. So I believe bitcoin can never disappear.
6267  Other / Off-topic / Re: Why do you have Bitcoin? on: February 13, 2016, 12:02:45 AM
I have Bitcoin for my casino online games.

I think that's very bad if you got bitcoins for that only.

The bitcoin is for trading and for some side things but not only gambling.

Also the bitcoin will rising so that's why I have them.

Yeah, even I have kept my bitcoins safe in cold storage at present, and I am not actively spending it, I spend only at the time of emergencies, like if I am short off money then I sell part of it and convert it to fiat.
6268  Other / Off-topic / Re: Earning a living with bitcoin? on: February 13, 2016, 12:01:03 AM
Earning a living with bitcoin is not a big deal. Its not possible to run a whole family, but with the earning one can fulfill one or two of the basic needs such as food, utility bills or Clothing.

I even think you can feed a whole family if you have enough bitcoins for it.
You only need the invest a lot in the beginning for sure.

Investing all your money into bitcoins at initial stage is not a wiser decision to make, if the price drops you need to suffer losses, at a moment bitcoin is taking care of extra expenses so let it be extra only.
6269  Bitcoin / Legal / Re: Is Selling Bitcoins on LocalBitcoins.com Legal? on: February 12, 2016, 11:58:12 PM
I think that is legal as long as still following the rules..
I think something is legal as long as we doesnt get caught...for example i stole your money its legal until i got caught and its illegal...this is just my opinion..

Exactly, and I think its legal to sell or buy bitcoins on localbitcoins.com as I am using since last 1 year, and I didn't face any issue with it, so at a moment its legal lets see whether it becomes illegal in future or not  Grin
6270  Bitcoin / Legal / Re: Bitcoin and how it is in different countires on: February 12, 2016, 11:56:10 PM
Guys I think it will be free in the world because this can be easier for our life.bitcoin is very useful thing

No mate that's not possible, govt. will never support bitcoins and never allow bitcoin to get on the mainstream, that's true that its easy and convenient to use but different people thinks differently.
6271  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: February 12, 2016, 11:54:14 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

Sounds reasonable, I might need to add an extra zero or two on one of those numbers to make it work for me, but if we are just dreaming. Smiley

Yeah if you want to dream then dream big, as when it comes to dreaming, sky is the limit and who knows sometimes dreams come true, so make a target that the amount you want to hold in future and who knows you might hit the bulls eye.
6272  Economy / Economics / Re: Where did you first heard about Bitcoins? on: February 10, 2016, 08:31:51 PM
My friend told me about bitcoins, and he said that bitcoin is a future currency, I never heard about bitcoin before, but once he started to explain me in detail, I found entire concept very interesting and started to invest my money into it.
6273  Economy / Economics / Re: Bitcoin worth to you or not... on: February 10, 2016, 08:29:58 PM
bitcoin is money and of course money is very worth. so bitcoin is very worth for me and certainly for all users Smiley

Yeah, its a currency and every currency holds a value, bitcoins is taking care of my extra expenses, and my salary is intact which is taking care of my family, so I am multiplying my wealth with bitcoins.
6274  Economy / Economics / Re: Mining coins save or sell it? on: February 10, 2016, 08:28:20 PM
I think its the best to save them now for later.
The halving is coming so I would wait for it

I also think the most miners would do that, because it will be difficult to mine after the halving.

Exactly, saving at a moment can be more profitable, as we assume that the value would be higher after halving so each and every one of us is holding and waiting for the halving so that sell at the higher price.
6275  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: February 10, 2016, 08:26:39 PM
Of course it do, it stands for the bitcoin, I think its really important.
If the price what not there, the bitcoin was nothing and the people would not seen bitcoin.

Yeah everyone of us wants the price of bitcoin should be worth $1m in future, so that we can get rich, but that price is almost impossible to achieve, but yes we have constant watch on the price of bitcoins, so it does matter to all of us.
6276  Economy / Economics / Re: Bitcoin replaces the money? Could happen? on: February 10, 2016, 08:24:28 PM
I think it could happen but not soon.
It will take some time till the bitcoin can even do it.
Maybe in about 10 years it will replace it if the banks let it.
even though in 10 years again bitcoin never replaces money, it couldn't happen! we need think how can bank allow bitcoin replaces money and  it will be problem with goverments

Exactly Governments will never support bitcoins and they never want that any crypto should replace the paper money as Governments holds control over the paper money, and if bitcoin gets on mainstream then they cannot control it.
6277  Economy / Economics / Re: Bitcoin or gold? on: February 10, 2016, 08:21:38 PM
I would choose for the bitcoin it has a good future.
For a long term investment I would pick gold.
I think bitcoin is the best way to short invest for fast money.
bitcoin still the best choice for long term investment or for short time investment, we can see that gold need many time to get interest, even it's price is getting low now,so far i'm on bitcoin side
I wouldn't say that Bitcoin is a good choice for a short-term investment, but I do have faith in its performance in the long term. There are constant up and down swings, but we have to see how everything goes since there is not much of a history behind Bitcoin and thus it is hard to predict what will happen over long periods of time.

Yeah we cannot predict the future of bitcoin as it is quiet young as compared to gold, gold will never die, as people are crazy about gold, and want to hold as much gold as possible and that same doesn't goes with bitcoins.
6278  Economy / Economics / Re: How too get rich on: February 10, 2016, 08:19:27 PM
How to become rich?

I am poor, sir. In other words I am not eligble to answer this question.
But if anyone is interested, I could fill a book of phrases about getting rich.
everyone knew about how to getting rich but only small percent of them can getting rich i mean no mater how many motivation books you've read if you dont take act, you can't being a rich man

That's true you will be motivated only if you feel withing you, and no else can motivate you unless you take proper steps to achieve your goals, you need to work hard right from the dawn to the dark to get rich.
6279  Economy / Economics / Re: Investing Bitcoins? on: February 10, 2016, 08:16:22 PM
I think it is indeed wise if you are going to invest.
I also think Bitcoin later is going to be worth much more.

Exactly, the price of bitcoin have not reached the moon yet, so I believe we can afford to invest our money at this price, as the value would be much more in coming few months, so its a best decision to invest in bitcoins.
6280  Economy / Economics / Re: Is it better to save money or invest it? on: February 10, 2016, 08:14:29 PM
well investing involves some risk what can make you lose all your investment, it would be a very bad experience, while if you hold your money in your wallet it will never disappear so i am for holding

That's true, saving money can be more profitable in  future as you are not gonna loose anything, the same goes with bitcoin too, if you have enough bitcoins in your wallet then you can sell it when the price is higher.
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