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641  Bitcoin / Bitcoin Discussion / Re: Bitcoin correction sees nearly $4 billion wiped off value of the cryptocurrency on: May 29, 2017, 05:02:01 PM
Almost 4 billion USD decline in value is not so shocking at all. We've seen bitcoin's price soared up tremendously, meaning the price of bitcoin is very high and when it falls, a large number is to be expected. So the 3.4 billion USD decline is reasonable. Nothing is to be worried about since it occurred during the correction period, it is normal.
642  Bitcoin / Bitcoin Discussion / Re: Bitcoin banned in Ecuador on: May 29, 2017, 04:37:19 PM

In 2014, all the cryptocurrencies including Bitcoin was banned by the government in Ecuador. This was followed by the introduction of the country’s own digital currency, the Dinero Electrónico.

However, defiant Bitcoin users still continued using Bitcoin and other cryptocurrencies. In fact, Bitcoin use in Ecuador has spiked due to the recent price rise.

Do you think that the Ecuador government will freely allow the use of Bitcoin as its popularity increases?


Despite of bitcoin being banned in a certain country, some people will continue use it because the government cannot fully control its citizen in enforcing such law that's why, though bitcoin is banned in Ecuador, bitcoin usage spiked.

As for my opinion regarding the government to allow the usage of bitcoin, it is possible. Their perception about bitcoin might change in the coming years. They might see bitcoin's true potential then eventually accepts bitcoin fully. They are aware of other countries utilizing bitcoin and they are keeping a close eye and firmly observing situations. When the time comes, they will accept bitcoin.
643  Economy / Economics / Re: Bitcoin reduces unemployment on: May 28, 2017, 07:31:33 PM
Bitcoin is there just to temporarily help unemployed people. Some might get a good fortune out of it, some might not. People should not lean to much on bitcoin due to its instability. Depending only on bitcoin can be catastrophic on some cases. Bitcoin should be treated as an alternative or source of extra income and not the major source itself. Though it helps the unemployed, being wise is a must in this type of environment.
644  Bitcoin / Bitcoin Discussion / Re: Buy 1 Bitcoin on: May 28, 2017, 07:07:18 PM
Buy 1 Bitcoin

"Owning even 1 bitcoin will put you in the top 1% financially within the next 30 years."

- Travis Patron

This just means that Bitcoin will truly achieve greater heights in the coming years. I wonder how much is the price of bitcoin by then.

30 years is too long so why not gain more bitcoin while waiting for the 30th year from now? Having one is good, but having more is better I would say. Let's just hope that bitcoin will stay strong as ever.
645  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CrowdSale Live] NVO Decentralized Exchange | Multi Wallet 🌟 Escrows 🌟 on: May 28, 2017, 06:55:15 PM
Any social media bounty campaign?

As far as I know, there is no social media campaign for NVO as of now. Just wait for further announcement if ever they will launch social media campaigns.
646  Bitcoin / Bitcoin Discussion / Re: Would you buy Bitcoin now with hard cash? on: May 28, 2017, 06:32:27 PM
Loo what is with people talking about signature campaigns as a means to make money That shouldn't be your income that is just a nice little bonus and some extra spending or investing money. You must work a job. There so many things to do here. Run a faucet,  run a pool, create a coin. Write reviews or interesting articles. There is steem and other places to go to curate work and be paid. You can create a website or sell something. I can't mention everything but signature campaign shouldn't be your too earner if it is you need to readjust your life goals.

So yes I will buy Bitcoin with hardcash. Smiley

I agree that signature campaigns in this forum should just act as a source of extra income and not as the major source. But I believe that they know that already. Some might be just hanging on SC for the time being because they do not have jobs yet or maybe some are just a student at the moment. Whatever their reason, I do not care that much about it.

To the topic, I will definitely buy Bitcoin using fiat. Considering the continuous increase in bitcoin's price, investing in Bitcoin is a wise choice.
647  Bitcoin / Bitcoin Discussion / Re: Bitcoin getting huge in South Korea on: May 27, 2017, 06:09:43 PM
South Korea would be a great player/asset in the world of Bitcoin. It will contribute to the huge demand for bitcoin, thus, making the price higher. With this type of acceptance, it will not be avoided that the neighboring countries around it will later on accepts bitcoin (if they are not yet, fully). This type of acceptance has always a good impact globally, concerning bitcoin, regardless of what the specific country is.
648  Economy / Speculation / Re: Bitcoin goes to the moon on: May 27, 2017, 05:55:43 PM
Let me just ask, what is the definition of bitcoin's price going to the moon? Or what is the minimum number to say such?

Bitcoin's price can always go upward. If it reaches 5000 USD, would you consider bitcoin's price is already on the moon? 10,000? 20,000? 50,000? 100,000? 1,000,000? There is no arguing that bitcoin's price will surely achieve great heights. Bitcoin is on a rocket, its destination: Pluto  Wink
649  Economy / Speculation / Re: After the Correction...Will Bitcoin Fly? on: May 27, 2017, 05:38:17 PM
3000 USD is very certain for this year. We are past halfway there and in the couple of months ago, we've seen bitcoin's price to doubled several times and reaching 3000 USD is just an inch before our hands. Though 6000 USD is very high for this year, it is possible and all we have to do is hold more and just wait.
I would like to see about these experts you say OP. Can you provide the article or a link to it. I would like to explore further about this subject.
650  Economy / Speculation / Re: Bitcoin Price Reach ~ 2714 USD - Time To Sale Some Bitcoins Now on: May 25, 2017, 09:54:25 PM
Bitcoin price reach maximum, it will go down this summer, so now is the right time to sale some Bitcoins as fast as possible. Sale at right time can make you some thousand USD in profit more !!!

And yet another troller and scammer in the house with another trashy advice about bitcoin going down and time to sell them. You are just fooling someone into selling their bitcoin just to see some drop in the bitcoin's price. And when it does, you will be the first one to buy bitcoin with the lower price. Goodluck with your selfish acts.
651  Economy / Speculation / Re: Any thoughts on the price drop today? on: May 25, 2017, 09:32:09 PM
It is very normal for bitcoin to drop in price eventually. The sudden drop today was because of the correction based from the multiple threads that asks the same thing. I personally do not know if it is a real correction that happened. But if so, nothing is to be worried for this are all, just like i said earlier, very normal.
652  Economy / Speculation / Re: This Bubble Didn't Last Long, Time To Sell In Panic on: May 25, 2017, 08:43:05 PM
Advising to sell the user's bitcoins just because of the sudden drop in price is a wrong advice. Going along with your advice will just make the problem worse. Well it is not a problem, it is just a happening. Advising to sell will just make the price go even lower. I think that you are just toying with others so that if they did panic sell and the price went even lower, you will buy more bitcoin at the lower price. Giving crappy advice to others just to have the benefit just to yourself, damn.
653  Economy / Speculation / Re: Is a correction happening? on: May 25, 2017, 08:34:32 PM
It is possible that it is a correction as seen on the sudden drop. However, the recovery of price will not take long as far as I know. After seeing the sudden drop, some people bought bitcoin at a lower price so bitcoin's price will recover quickly. Well nothing is certain. It might be a correction or maybe just a market thing. How do we even know if it is a correction or not in the first place?
654  Economy / Speculation / Re: Buy In The Dips Guys on: May 25, 2017, 08:20:32 PM
Yes it is a friendly reminder for not-so-new bitcoin user and a helpful guide for beginners.

For the sake of the beginners or newbie in the world of bitcoin, dip is a term that is used when the price of bitcoin drops with a high difference maybe more that 200 USD. And for those who cannot afford to buy bitcoin with fiat and have some btc in possession, sell your btc at a high price and when it dips, buy them again  Wink
655  Bitcoin / Bitcoin Discussion / Re: Which is the min. BTC amount to own that will make you rich one day? on: May 25, 2017, 07:02:29 PM
Aim for at least 10 BTC. I would say that it is a decent amount and would make you rich, just like your definition of rich. And the "one day" you speak of would be probably around 40-50 years from now. Well you did not state until when are you going to wait, right? Achieving your aim does not mean that you will stop there. It is best that you earn and earn more and don't stop until you are satisfied enough and it can sustain your every day life until you die.
656  Bitcoin / Bitcoin Discussion / Re: 7 years ago... you could have earned almost $15,000 at today's value in 3 sec... on: May 25, 2017, 06:36:32 PM
Yeah funny and yet very disappointing on my part. Who wouldn't want 5 BTC, right? Even a single Bitcoin would make anyone feel great. If just bitcoin introduces itself to me that time. I even struggle to earn 0.01 BTC, and it would take me almost a 3 weeks to have that. But since nothing is to be done with that matter, all left to do is to earn more btc as much as we can. A hundred of 0.01 is equal to 1BTC right so the right term for this is "patience"
657  Economy / Speculation / Re: Will we ever see bitcoin lower than 1000$? on: May 25, 2017, 06:16:42 PM
I do not think so. Too many people have spent their money to buy Bitcoin and there is no way for Bitcoin price to decrease lower than $1000. I can ensure that it can never return to the same old day anymore
In our world anything can happen. If for some reason the bitcoin price will begin to plummet all owners will be to sell it to have a lot of dollars and buy bitcoin when the price is low. Such a panic could trigger a fall in prices and lower than $ 1,000.

I believe you that anything can happen since we cannot control everything. If ever a panic emerges and triggered a massive drop on the price of bitcoin, we might see your hypothesis. However, upon that happening, the price will quickly recover. How? If the price of bitcoin went down lower that 1000 USD, investors will then buy and hoard many bitcoin because of the low price. By doing so, they will have more bitcoin in possession and then scarcity again happens in the market. In contrast withe the demand, bitcoin's price will increase once more and you know what comes next.
658  Economy / Speculation / Re: Hold... Hold.... Hold.... Do not sell everything on: May 25, 2017, 05:26:24 PM
BITCOIN IS DEAD!!
SELL EVERYTHING!
IT ONLY WORTH WHAT IT WAS WORTH 12 HOURS AGO! PANIC! THIS IS THE END!
sell it to me!!!


I noticed your signature and it indeed suits you well.

You are just scamming everyone, especially those who are not fully aware of what things happen around here. You are giving baseless claims then starts scamming people about bitcoin being dead and sell their BTC to you. What a big load of crap we have here. Only fools will be trapped in your bait. Oh and one more thing, get a life dude.
659  Economy / Speculation / Re: Picture Speculation on: May 25, 2017, 05:14:50 PM
Lol dummies. Crypto is in the innovator phase, maybe starting an early adopter phase.

Really? But for myself I feel like I'm on the "Late Majority" because I really wished that I've known bitcoin years ago. And now, it is hard to accumulate some bitcoins due to the high price. On the other hand, I somewhat agrees with you. We cannot call ourselves "Majority" in the first place, right? So if we are in the early adopters now, then I can see a bright future ahead.  Grin
660  Bitcoin / Bitcoin Discussion / Re: How many will you have out of 21 Million? on: May 25, 2017, 03:21:37 PM
Prediction of some sort is easy, but predicting with hard evidence is somewhat a hard thing to do. In the first place, the future is very unpredictable, thus, such prediction is almost inaccurate. I can easily say that I can accumulate a thousand btc at that point but proving that is difficult. All I can do is to wish to have more btc at that point in order to live my life to the fullest. I want to target at least 5 btc in the next 5 years with just engaging to the signature campaigns in this forum and if ever many more opportunity comes, I would eagerly grab that.
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