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6261  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: May 02, 2016, 11:21:18 AM
For the short to medium term I'd like to stick with silver, so neither.

I'd consider bitcoin a long term bet, with gold. However gold doesn't have any industrial demands so... Who knows.
[/quote ]
You can't able to gain knowledge from gold, it is just one kind of investment but with bitcoin you can earn, gain knowledge, earn by doing some tasks or can trade if you are experienced. So definitely I will prefer bitcoin
6262  Economy / Economics / Re: USD vs BTC on: May 02, 2016, 11:15:55 AM
It's the case for Gold because it exists since "forever" a while Bitcoin exists since seven years so nop .. It's not more popular then USD or any other fiat currency.

Well, I think that actually the Bitcoin is more popular than some fiat like the Vanuatu's Vatu or the East Caribbean dollar  Grin
I don't think that, bitcoin is not the real money , also it is not accepted everywhere so there comes a requirement to convert bitcoin to dollar or some other currency only then we can use it.
6263  Economy / Speculation / Re: Bitcoin to go to US$800+ on: May 02, 2016, 11:09:07 AM
Hm....maybe we reach a bit above $1k this year but I do not think it ll happen so fast. We need halving effects to kick in.
No it will definitely not happen so fast, we are now at almost the halve of $1000. The price is still rising and we do not when it is going to stop.
Let's reach $500 first and wait and see how the price is going to be affected after that.

The $500 could be reached later this months or early June. The SegWit could be released by that time.

Yeah $500 might be reached by the middle of this month. If this happens we can see a gradual increase in price which might be going high above $800 after the days of halving.
Before some days I thought the price will reach $1k during the halving event but now the price is showing ups and downs which makes people to lose their hopes and the prediction now's goes around $800 to $900.
6264  Economy / Speculation / Re: increasing bitcoin price on: May 02, 2016, 11:04:15 AM
The bitcoin will increase for sure in the future no doubts about that, right now its already rising with some numbers and that is a good sign also.
The halving will help us this year and maybe it will even go stable.

Bitcoin halving would surely help in the rise of bitcoin price. Though past few days bitcoin experienced big rise and fell suddenly, users were more enthusiastic with the expectation of halving.
But now once again it is coming to good and has started to increase with each passing hour, we hope that this rise in price will continue for ong term as we have stored a lot of coins and with every drop we lose our money.
The price is going down sometimes but again it is returning back so the fall is not creating serious problems, this is because of halving else it will keep decreasing and goes down very badly.
6265  Economy / Speculation / Re: +$20 in the last 24hrs... on: May 02, 2016, 10:56:47 AM
20 dollars up and 20 dollars down is absolutely nothing for anyone that has been around in the Bitcoin game for long enough. Once you experience what it means to grow at 100+ dollars per day, then you will understand the real power of Bitcoin to trigger people's FOMO (fear of missing out). This summer points like it will be a new demonstration of this.

Yup nothing to get excited about here, we have to chill & have patience, then we'll be rewarded. This is nothing though.

That is right. The price also dropped $35 in 24 hours. Some big whales are still inesterested in accumulating at cheap price.

Whales have been accumulating their coins well below $400 prices. Every market action you see now is purely done to shake out weak hands so these whales have a free road to get the price to a certain hight.
Exactly brave people collect coins when price is near some $300 to $400 and use it when price increases and earn more profits and now for last two days again the price is increasing giving good earnings to its users.
6266  Economy / Speculation / Re: Bitcoin to hit $2016 by the end of 2016 on: May 02, 2016, 10:51:49 AM
No I do not think this will happen to be honest, I even think it will be much lower.
The fact is that there is coming a halving but I think the maximum price of the bitcoin after the halving will be around the 1500 dollar and not more than that, so my answer is no.

If the price stays around $1000 by this year end, most of us will be very happy. It means there is no big bubble.
The price keeps stable for a long time and that is quite bad because there are a lot of people that wants to make profit in a fast time and that is not possible for them.
But it will rise soon and that would be nice but you never know when it will reach that high value because it is a currency.
Right we can't guess anything in bitcoin price and now the price is only staggering around $440 and even if halving comes it can reach $800 and reaching $2k is difficult to fix.
6267  Economy / Speculation / Re: 2016 will be a boring year for bitcoin on: May 02, 2016, 10:24:35 AM
It is not the best time indeed that you can have for Bitcoin and that is the problem because the value is not high now so you also cant sell it and that is not that best for the most people.
But maybe it would be more worth in the next year but it is hard to know that from before and that is also risky.
yeah it seems to be boring because the price is not increasing to the level we expected but iam sure that within few months this can reach good levels and provide better profits at halving period.
6268  Economy / Speculation / Re: BTC at $435. Is it sustainable? on: May 02, 2016, 10:10:32 AM
The $440 is the new bottom. The price always bounces back from that range. So I think 4435 is also sustainable.
yeah the bottom value can be $400 and surely not below that, the price hovers around this value and gradually increases day by day and at the time of halving it goes upto $800 and can be even above.
6269  Bitcoin / Bitcoin Discussion / Re: Bitcoin halving on: May 02, 2016, 10:07:50 AM
The Bitcoin havling can be a good thing and a bad thing. For the people that want to buy bitcoins this is a good thing because the price will get halved so the coins get cheaper. If you want to sell this is less good news.
Yeah the halving gives people a opportunity but takes it away for some people at the same time. So if you are waiting to sell coins the halving is not good for you because you will get less money then normal. 
no way people wont get out of this forum because of halving, it only gives opportunity to its users and always it will be profit and it wont be loss to its users, i suggest this demand for bitcoin increases only because of halving.
6270  Economy / Economics / Re: Is gold better than Bitcoin? on: May 01, 2016, 06:32:07 PM
There is a real need of both : gold and bitcoin's currency. Gold is stable and will be valuable forever, but it couldn't be used online , and also it's a little bit complicated to trade with as it's high price. However dealing with bitcoin is a lot simplest and easiest than gold.
Yeah both are good investments but bitcoin worths you more than gold at this moment as halving is near if you invest in gold you can get good earnings within two more months.
6271  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is the best future currency? on: May 01, 2016, 06:24:40 PM
It will be ofcourse more worth later when bitcoin will be more popular
The real thing is it is not that much popular now, the demand for bitcoin increases when people come to know about it, this may happen in near future and that it will be more worthy at that time.
6272  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin trusted to put your real money on: May 01, 2016, 06:21:59 PM
This is the best time to put your real money in bitoins
Bitcoin is really trusted are many companies are now taking bitcoin as part of their payment soon all shop foodchain will adapt this kind of payment system.

That's right, already Bitcoin is growing up daily as known and noticed by everyone, and with time the most marketplaces and ewallets online will use and support it surely .
Yeah it is good to invest your real money in bitcoin now as of halving the price is expected to go to greater levels and if you have more coins at that moment you can earn heavy profits.
6273  Bitcoin / Bitcoin Discussion / Re: what happens to Bitcoin if internet goes down? on: May 01, 2016, 06:18:17 PM
Internet can't go down.

You would'nt worry about bitcoins if that happens trust me. Because the World will go down if that ever happens.
Yeah if internet goes down not only bitcoin so many process will be shut down as internet is the base for every country's development process, if internet goes off bitcoin will suffer a lot.
6274  Other / Off-topic / Re: 2016, The Year of Bitcoin? on: May 01, 2016, 06:15:30 PM
im very excited about 2016 especially because the halving

You are not alone , there is a good number of Bitcoin's community share this feeling with you, because we expect surely that Bitcoin's price will increase highly after the next halving.
Yeah this is a great year for bitcoin as halving is going to happen this year we can see a good adaptation of people towards bitcoin this year as because of good rise in price.
6275  Bitcoin / Bitcoin Discussion / Re: What's stopping people from using bitcoin? on: May 01, 2016, 06:09:04 PM
i think nothing is stoping people from using bit coin. it is the matter of trust. those people who have study bitcoins are suing it as currency. and most of the people are holding it for its price increas so those people who have no idea about bitcoin only these people are reluctant.

Then doubt is stopping people in using bitcoin. But we can't blame them if they don't believe that bitcoin is a true online currency.
That's the problem for the First World Country. While for the Second or Third world country it's because the need of English language and Technology.

There's still a lot of nation that still doesn't have internet. Even if they got internet, a lot of people didn't know how to use it.


Yeah proper awareness about bitcoin has to be given in all the countries because still there are countries unaware of bitcoin, only if this happens bitcoin can be made popular otherwise the growth will be very slow.
6276  Economy / Speculation / Re: Bet: Bitcoin to top $900 before Sep 2016 on: May 01, 2016, 06:04:44 PM
It is not very challenging for the bitcoin price to move to $900 in Sept 2016. The segwit and the halving can do it.

Bet taken. I am confident it will not go to 900 dollars. At max the price could go to 600 but not anything higher. It's just not going to happen.
Nope the halving has the power to rise the price to even greater amounts, if the price value does not suffer any price drops for two more months we can achieve $900 before this year end.
6277  Economy / Speculation / Re: Your predictions for 2016 on: May 01, 2016, 06:01:52 PM
The bitcoin price will stay above $800 by then end of the year. If there is no big pump and dump, it could be higher.
If you really believe that the price will reach $800 this year then go all in today and you'll nearly double your money within 2016!!
Yeah those people who hope that the price reaches more than $800 in future invest their coins in some methods so as to yield good profits at the time of halving event.
6278  Economy / Speculation / Re: Bitcoin will go up this week on: May 01, 2016, 05:59:20 PM
The bitcoin price has gone up to $470 and went back to $440. It is now $450. So it is still range trading.
Now it is staggering around $450, sure we can believe that the price will rise significantly without any fall for couple of months and we can hope this to happen till this year end.
6279  Economy / Speculation / Re: Bitcoin is not the new money on: May 01, 2016, 05:55:57 PM
After first few years of initiation and pump and dumps i believe in future we could see price stabilisation and finally bitcoin use as money but only if people realized that bitcoin is not investment, as it is now case. Bitcoin is used as money already and in the past, but is far more precious to people than real money..We must relax a bit.
We can equate bitcoin to the real money in future as we can do everything which we do with real money but it remains the same as virtual currency which was its fair nature from the day it originated.
6280  Economy / Speculation / Re: Why is the price dropping? on: May 01, 2016, 05:51:11 PM
The price of the bitcoin is rising slowly to the over $460 level. it might drop below it in the short term, but in the medium term, it will go up.



You are right. The price of bitcoin just dropped below $460 to $440, then it bounced back to $455 now.
The price seems to be falling but actually it is not so it is stable for a short time, I think the price of bitcoin won't drop instead it will be stable for some time period and starts to increase continually.
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