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641  Economy / Speculation / Re: how much gonna be 1 BTC in a year? on: June 25, 2016, 02:42:41 PM
In the last months the BTC price is increasing, how much u guys think the price gonna be in one year?



Price of bitcoin is increasing day by da because it become popular and accepted by many countries  so the price will be 900$ to 1000$ in end of 2016... value should be dropped but it will reach 900$ by the end of this year !!

My prediction would be $1,000. Yes it is quite high I know, but with the constant use of the people that could be possible. My turning factor here is the upcoming halving, many have expected an abrupt increase in value of bitcoins as it will be hard to mine that time comes and of course the demand is increasing so it is high. Basing on the law of supply and demand, that would be close to my projection.


$1k is possible to achieve in this year, but it will be interesting to see how long it will stay there, if we count one year from now then I think it will be around $1000-$1200 mark.
642  Economy / Speculation / Re: 2016 Bitcoin Predictions on: June 25, 2016, 02:40:20 PM
It will cross the barrier of $1k in this year, but I don't think it will remain stable for a long time, it will keep on moving up and down and finally may be it will stick to $800 price.
643  Economy / Economics / Re: The future of the paper money on: June 25, 2016, 02:38:07 PM
Like many people already said is that the paper money future is not so good because it has the digital word against.
Everything these days will get digital the world is really changing.
I think you should already consider other countries that cannot adopt with digital world. And even it is widely use in developed countries but still there are other people who prefer paper money and those are people not doing online transactions.
Yeah I agree. Some country does not have a digital or Hi-tech community to adopt digital money, and the people also who loved the paper money, because it is easy to use if you want to buy something. All you have to do is to give it to the cashier and wait for your change. The paper money will not banish and it will stay forever.  Cheesy

Fiat and bitcoin have it's own pros and cons.

Fiat dominates physical transactions as it was way more better than doing bitcoin transactions physically if possible.

Bitcoin (can) dominates online money transactions since at the first place that was the intention why it was being created.

Currently both Fiat and bitcoins has their own advantages and disadvantages. but as you know we are moving towards technology and bitcoin is a technology. Fiat will be left behind very soon.

Well, for big country like USA, England, Japan and many big country, it will easy for moving towards technology to use bitcoin but not all country can do this fastly.

Developing countries will take time to go totally digital, as majority of them are not aware about the bitcoin yet and they are very convenient in using paper money.
644  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: June 25, 2016, 02:35:41 PM
Does anyone have any idea how many people are using gold as a store of value vs btc?  And how long do you think until we have the same user Base as holders of gold?
Keeping Bitcoins may be more profitable in the long term to keep gold.
I do not think we have informations on the number of people using the Bitcoin or gold as an investment, but I think that looking at the number of member of a Bitcoin exchange website, we can have an idea of it.

the users of gold are much more in number than the users of bitcoin the reason is that gold is centuries older while bitcoin is only a few years older, with the passage of time when we support bitcoin more people will start to invest in bitcoin.

also gold has a physical form which anybody even those who are computer (technology) illiterate can understand it and trust it enough to invest in it. but since bitcoin is only a digital currency with no physical form it is a little harder to understand and trust especially for those old timer investors.

Older generation will never invest their money in bitcoin, they will go with gold for making investments, as bitcoin is complicated to them, and its really new and they are not aware how to use it.
645  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: June 25, 2016, 02:33:32 PM

Why dont you visit the Services section and see all details about Signature campaigns. And mind you Signature campaigns are decent way of earning for respectable and educated persons.

There are lots of different ones, I'd rather not read through dozens of them.  Not sure what educated person would post all day for a few hundred dollars per month but I'm not educated so that's big money for me right there, bro.  I just don't wanna advertise hookers and blow or casinos.  Thanks.


The type of educated person who wants extra income, of course. People from third world countries are actually making good money out of signature campaigns. I think the value of signature campaign depends on the cost of living in your country. Those people who can earn enough money to keep themselves fed would value signature campaigns and those people who can't even buy a single meal out of signature campaign will surely not work hard to reach the maximum post.

How is it not possible to buy a single meal from earnings from signature campaign? Off course you  can buy it, but you cannot depend only on signature campaign for living.
646  Economy / Economics / Re: Is it better to save money or invest it? on: June 25, 2016, 02:30:17 PM
Is it better to save money in bank or invest it online, in real estate or maybe gold?
Save your money and investing are two good things, but if you do not need the money now, I advice you to invest in something profitable.
With Bitcoin, you can save your money and invest at the same time, since the price of Bitcoin change much.

Like in what kind of investment that something profitable? Are you talking on a deal with fiat here or in bitcoin?

Well you need money that's why you invest. Smiley Much better if the term is, if people like to maximize their earnings, they can go for an investment whether on real life or online.

Cannot afford to trust online investments nowadays, as its really difficult to find trustworthy sites, if I have to invest then I will invest in trading sites, as those are trusted sites for bitcoin trading.
647  Other / Off-topic / Re: How to motivate women to use Bitcoin? on: June 25, 2016, 02:25:04 PM
Yes if women will start using bitcoins then it would directly contribute to the adoption rate of bitcoin community and yes gender really matters, as at present we believe that only men are using bitcoins but if bitcoins get support from women across the globe just imagine where the bitcoin community would reach so we want that women should also start using bitcoins.

Yeah if women starts using bitcoin then it can take adoption to a next level and it will surely have positive impact on the price of bitcoin, so we should always discuss with the women around us.
648  Other / Off-topic / Re: Would u still use Bitcoin if u were a USD multi millionaire? on: June 25, 2016, 02:22:50 PM
If u were a USD multimillionaire, say right now, immediately, would u still use Bitcoin or would u ignore it?
What would u do? What would ur plans be?

yes i would definitely still be using bitcoin. maybe less as an investment and more as a money transfer method. it is after all the cheapest way of transferring money, you can transfer millions of dollars in a blinking of an eye for only ~$0.08 and nobody has to know about it.

Exactly and  who doesn't want to earn more money even if is multi millionaire with usd, as bitcoin allows to make some best profits in short time, and it is too good for money transfers.
649  Bitcoin / Bitcoin Discussion / Re: How to teach someone about Bitcoin on: June 25, 2016, 02:19:39 PM
Documentary would surely help users to learn and know much about BTC as well. Few movies had shown the bitcoin transaction. If users look at those movies and go through documentaries relating to bitcoin will know something about bitcoin without someone's help.

He will need certain guidance at primary stage, no doubt documentary will help him to understand what bitcoin is but we should also introduce to him to this forum where he can find many ways to earn bitcoins.
650  Economy / Speculation / Re: Back to $ 400 soon? on: June 24, 2016, 07:55:58 AM
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.

People will continue to buy even with this price even if its rising, as everyone is expecting much higher price at halving, so $700 price is expected very soon now.
651  Economy / Speculation / Re: Bitcoin will never reach $700 again on: June 24, 2016, 07:53:26 AM
I think may be at the end of the day it may achieve that price, as price is at $685 at a moment, so I think this price is possible to achieve today or maximum by tomorrow.
652  Economy / Economics / Re: The future of the paper money on: June 24, 2016, 07:51:56 AM
Like many people already said is that the paper money future is not so good because it has the digital word against.
Everything these days will get digital the world is really changing.
I think you should already consider other countries that cannot adopt with digital world. And even it is widely use in developed countries but still there are other people who prefer paper money and those are people not doing online transactions.

We cannot expect that everyone will start using bitcoin in future, not possible in small villages where people don't have access to internet, they will continue their journey with fiat.
653  Economy / Economics / Re: How too get rich on: June 24, 2016, 07:49:51 AM
Marry an old ,single and rich woman,, all you have to do is to make her happy ,wait her to transfer all her belongings into you and thats it, youre now only waiting for her to die..  this is the best way to get rich if you dont want to find a work..

Loled at this, you made my day dude. Actually, it's a good plan though, getting rich easily by married a rich woman.
Get rich is not free and it's need a hard work to do that.
That is the most desperate move, I don't want to sacrifice my happiness with sex just for money. It is like you are selling your self and get abuse by an old woman, that is so nasty, let's find another way cause I am sure there a lot out there.

How about marrying an single, young, beautiful and rich girl? I think this is the best combination as you don't have to sacrifice anything for money, and you can also enjoy your life with her with good amount of money.
654  Economy / Speculation / Re: Bitcoin price will reach $4000 after halving ? on: June 24, 2016, 07:47:32 AM
Lol how could you think the bitcoin price will rise up that high after a halving. Halvings have nothing to do with the price of the bitcoin as you need to know.
Dont you now that the halving hype is the reason people are trying to do a panic buy?
http://blog.holytransaction.com/2016/06/5-reasons-bitcoin-price-is-rising.html

Halving has a very influential effect on the price of bitcoin. If halving wont happen anytime this year I bet the price is so stable.
Yes, the halving will have a very good effect on the price of bitcoin and because of that everyone is buying bitcoin, otherwise if it would not have effect on the price then the users of bitcoin here are more expert they would not prepare for halving to buy huge piles of bitcoin.

Exactly, and we may see the higher price at halving but I don't think it will climb to price of $4k in such a short time, as its taking too long even to reach $1k.
655  Economy / Economics / Re: Does the next halving really matter that much? on: June 24, 2016, 07:45:00 AM
all the halvings are so important because they are reducing the block reward which is a big amount of money.

so each time it halves, it means there will be less new coins being created and also less new coins to be dumped.
Halving will make the price great if the number of adopters will also increase, the number of users is very important to maintain and even make the price increase and this will give the miners a win win solution on operating profitably.

Yeah and halving really matters to each and every user of bitcoin, as everyone is hoping to see higher price at halving so that they can sell their coins and generate profits from it.
656  Bitcoin / Bitcoin Discussion / Re: What's your biggest problem with Bitcoin on: June 24, 2016, 07:42:02 AM
I dont have big problem with bicoin,
but for know just too late confirmed transaction, I think it's not big problem
yeah it's not a big problem for you because you have never experienced the precarious state in which you have to accept bitcoin time? certainly prompt confirmation would be needed? Sometimes if I can not wait I was cursing because sometimes third party sites require 3 confirmation for your bitcoin could enter. and sometimes it takes a long time

Yeah sometimes it really takes very long time, but I am perfectly fine with it, as bitcoin is providing many benefits which cannot be ignored and it has made life much easier.
657  Other / Off-topic / Re: The bitcoin in daily life on: June 24, 2016, 07:36:32 AM
I am not using it daily, but whenever I am in need of money I convert my bitcoin to local currency, as it is very convenient and easy to transfer into my bank account.
658  Other / Off-topic / Re: How would you guys react if you guys lost 10, 000 bitcoin? on: June 24, 2016, 07:34:02 AM
I don't know what I will do if I loose that higher amount, I think I will be out of my mind and speechless too, and it will surely make me bankrupt with disaster in future.
659  Economy / Gambling discussion / Re: Gambling can be profitable in the long run! It is possible! on: June 23, 2016, 05:35:55 PM
I dont think so ...it will a permanently solution for earning without a loss ....its just like a more than half chances to loose but a planned techniques n strategies will maximize the rate of winning ....n  patience will be d master key of tht.

True, indeed the initial capital to get a bigger victory in gambling is a technique or strategy. Without these things certainly gambling is done it is extremely messy and possibly small raises benefit. Patience and calm are key to minimize the defeat. Before doing the gambling we should think of the 3 keys, in order to avoid unwanted things

Exactly. What is the best we can do when gambling is minimizing the losses and that's the best strategy. Any "strategy" which you think can make you win a lot will leave you with nothing.

well said, if you don't have patience and calm, your game will definitely mess. And your brain can't think a good things or strategy to do. So always calm and keep your patience as long as possible, but also bet just a little amount. Don't take high risk in gambling.

Its easy to say that you need to be calm and have patience but when you are actually in game you forget everything and once you get off the track it becomes difficult to get back into it.
660  Economy / Gambling discussion / Re: What is your gambling strategy on: June 23, 2016, 05:33:45 PM
I don't have big trading strategies. Based upon the players involved into the event I increase and decrease the amount of betting.

That's correct and most probably I prefer sports betting as it bit safe in compare to others and in that a good strategy can help you to win some profits.
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