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681  Bitcoin / Bitcoin Discussion / Re: Do you think Bitcoin will survive after 100 year ? on: September 20, 2017, 02:08:52 PM
Nah, i do not think that bitcoin will survive for 100 years. I mean it is not impossible, but it is less likely. For now bitcoin has grown and become strong cryptocurrency, and i hope it will continue to do so. Bitcoin showed people that there are another way of seeing currency and money. Therefor i think that bitcoin will inspire maybe some future currencies, but it will not be future currency. Nothing last forever...
682  Alternate cryptocurrencies / Altcoin Discussion / Re: many ICO altcoin , What can be trusted? on: September 20, 2017, 12:17:48 PM
Lately there are a lot of ICOs, and to be honest i do not like that. I do not say that they are all bad, probably there are some among them that are good and have really good potential. But i must say that i do not trust them. Bitcoin is strongest crypto currency, and there are a few other altcoins that are strong too, in that i do trust. Therefor my opinion is that trust is earned, and that is why i do not trust any new altcoin.
683  Economy / Speculation / Re: Can Bitcoin Prices Reach $5,000 Again Without China? on: September 20, 2017, 11:48:29 AM
Yes of course it can reach price of 5000 dollars with out China. I mean China had one of largest miners in the world, but since the ban... well people will look for alternative places where they could mine bitcoin. I have reed that some of China miners are moving to Hong Kong. Bitcoin can survive anything and achieve more than people think, with or without China bitcoin will continue to grow.
684  Economy / Economics / Re: Where can i invest my money? on: September 20, 2017, 09:50:26 AM
Well if i had 2 million dollar, i know what i would do. I would not invest all in bitcoin that is for sure, maybe some small part. Maybe i would try buying mining equipment for mining some altcoin or maybe bitcoin. But you want to invest all in bitcoin, which is ok too. Well you can buy bitcoins and just hold them, in time you will have some good profit. Or you can start trading, and make even more money in shorter time. Also if you really plan on buying mining farm for bitcoin, think twice before do it. Mining does not pay off easily this day.
685  Bitcoin / Bitcoin Discussion / Re: Safest way to keep bitcoins? on: September 20, 2017, 09:17:31 AM
The safest way to keep your bitcoins... well i think that would be store it on some hard drive and unplug it and leave it offline. Offline keeping of bitcoins is best option for safe keeping bitcoins. No one can connect to it from internet, so you do not have to worry about hackers. Just remember where you have putted it, and do not let anyone trow it away like junk. Cheesy Tongue
686  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin overcome Paypal? on: September 19, 2017, 12:44:47 PM
This is like asking if bitcoin will overcome the US dollar. Maybe yes, maybe no. This depends, PayPal is very big, PayPal is almost like a bank, Bitcoin does not have a bank, thus in some aspects it is difficult to compare these two Paypal and Bitcoin. In my opinion they will always compete.

I would say that never ever bitcoin will become the world currency, not in 20 years from now. It will grow in value, but not to overcome all the financials of the entire world. Therefore I am certain that PayPal will continue to exist.
 
I think you are right, when you say that bitcoin will never be a world currency. And also you are right when you say that bitcoin cause some trouble for PayPal. No one can predict future, not 100 percent. By my opinion bitcoin will continue to rise, and will continue to compete with other way of paying. Maybe one day PayPal will make some kind of arrangement for people who use bitcoin to go over PayPal to pay things. People always find way to profit, but who knows what will happen.
687  Bitcoin / Bitcoin Discussion / Re: Are We Dead Without China? on: September 19, 2017, 11:19:11 AM
Well i can understand concern and way thinking of China government, but to ban bitcoin totally... well i do not know if that is best thing to do. Most of miners are in China, and when China banned bitcoin we all seen what it have done to a price of bitcoin. And now when price is 4000 dollars again, we can see that bitcoin will overcome anything. Too much money runs around bitcoin, and too much people support it. Therefor bitcoin will not go down so easily.
688  Economy / Economics / Re: If you were in desperate need for money.... on: September 19, 2017, 05:50:28 AM
Sell digital product in marketplace section, signature campaign or bitcoin mining. Cool
I agree the best thing to do is invest in bitcoin if you really need fast money. Because bitcoin has saved me so many times in the past when i needed money. it can help anyone if he just trusts bitcoin.
I do not agree with you that investing in bitcoin is best way of earning money fast. Because if person is in need of money in short time, he or she can not wait for right moment to sell their bitcoins, waiting can take too long time, and bring too little of profit. And not to mention that they would need starting money for investing in the first place. Marketplace section would be good maybe, signature campaign also, but i guess payment of that would be low as well, but it is better than nothing.
689  Bitcoin / Bitcoin Discussion / Re: Why Cash is better than Bitcoin. on: September 19, 2017, 05:09:57 AM
The importance of cash can't be neglected, Cash is an asset which can be used at any point of time, if we go for shopping or eating out, payment with Bitcoins might be rejected but you can always pay with cash. Also one of the biggest advantage the cash has over Bitcoins is that you need any electical device and internet to have an transaction, you can simply pay in hand and go also it will consume less time if you go on to buy small things.
Yes i agree with you about everything you said. Cash have been in peoples life for so long, because it has proven to be good way of paying. Easy and fast. With bitcoin there are some requirements that needs to be set before person can pay with bitcoin, for cash that is not the case. And not to mention that there are some parts of world where you can not use bitcoin at all, but you can use good old cash. Cheesy
690  Economy / Economics / Re: The panic seller irony on: September 18, 2017, 12:08:16 PM
Well yes, the wales as you call them will always profit from panic sale. And to be honest i agree with what you think, but i must say that that panic sale will never stop. It will happen from time to time, over and over again. It is in peoples nature to be scared from things they do not know. But lets hope that in time more and more people will get to know bitcoin a bit more, so that panic sale would be smaller. Cheesy
691  Economy / Speculation / Re: Bitcoin starts to rise on: September 16, 2017, 06:43:17 PM
Actually i must that i am relived to see price of bitcoin rising after this things happening in China. I thought it had to end one day, but to be totally honest i had my doubts. For me bitcoin is an important part of life, because i can afford somethings in my life that i could not without bitcoin. So where ever bitcoin is rising and not falling i am happy. Long live bitcoin Cheesy !
692  Economy / Economics / Re: China closes exchanges on: September 16, 2017, 12:51:15 PM
For some people that is not good step forward, for some  that is bad, because they need to pay their country part of their earnings. I thought about it for quite sometime, and come to a conclusion that it was inevitable for that to happen, it started in china, but it will spread to other countries too. But what ever happen, bitcoin and altcoins will continue on, they will survive no matter what.
693  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be used by ordinary citizens? on: September 16, 2017, 09:19:54 AM
You are right when you say that most of people that are using bitcoin are interested in technology too. It is possible for every person to use bitcoin. Bitcoin is like all other currencies out there, difference is just that bitcoin is digital one, but it have same properties like other. Therefor it could be used by anyone out there, even old people. Bitcoin is still growing, but it is spreading its influence.
694  Bitcoin / Bitcoin Discussion / Re: How to Stop New Trader from Panic Selling? on: September 15, 2017, 11:54:26 AM
I guess there is no way of stopping news from spreading, and with that stopping a panic sale. Even people who know what bitcoin is and how it works would sell if they see they will lose from investment, and return if everything calm down after sometime. People who know what bitcoin is and how it works, they will know what to do, and which situation is which. They will understand what is going on, and from there they will decide what to do.
695  Economy / Speculation / Re: Is it too late to buy bitcoin? on: September 14, 2017, 01:56:31 PM
now the price is at $35xx and if you want to buy, then you can buy right now or you can wait for a while. don't make instant buy because the conditions now is not predictable. its better to place order buy in one range price that is lower from now on and if the price still going down, we still have a chance to buy more in lower price.
I agree with you. New would be a good time to buy more bitcoins, price has dropped a lot. I guess it will go down a bit more, because of all things going on in the world. But like always it will not be long before bitcoin and altcoins start recovering from price drop. So this moment is good for buying bitcoin. Hope to see price of bitcoin up and rising again soon. Cheesy
696  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: September 14, 2017, 12:37:54 PM
Can I be doing both? Well I can say that this is for fun because I am enjoying what I am doing. I am also doing this for my future use and investment. This one can also be used in such emergency cases so I am saving it well (Though really having a hard time doing that).

Certainly.  And also it is not wrong if we have some fun with our bitcoin like spending them on some fun things.  And you are correct, it is fun to use bitcoin because we are enjoying what we are doing.  As for future use, bitcoin has an edge.  I am saving some of my bitcoins to secure my future.

Different from me, I was thinking not to have much fun using my bitcoin. why ?
if I trust bitcoin for our future we must fully maintain and not waste bitcoin for now ..

just say if we will have fun in the future after we are sick now Smiley
I see no reason in only hording more and more money, and bitcoin is money. If we earn money only to survive and not have fun from time to time,we would go insane i think. Life is hard and if we do not have some time to relax and have fun, it would be even harder. Therefor i do not see why would someone earn their bitcoin and just hold them, try spend some and have taste of your success. Cheesy
697  Alternate cryptocurrencies / Speculation (Altcoins) / Re: We're at the second stage of the bloodbath now.. Thoughts? on: September 13, 2017, 06:53:01 PM
With all rumors going around the internet, about china ban on ICOs and stopping of local bitcoin trades, things has been going south. But those are mostly unconfirmed information. People are scared, and when people are scared they tend to do not so smart things, like selling their bitcoins. It will not take long before people start understanding that bitcoin is not dying, and they will start buying again. And we will continue where we were... simple as that Cheesy
698  Economy / Speculation / Re: I will not Die Untill Bitcoin will reach at Least 50K on: September 13, 2017, 06:43:34 PM
Well i guess you could be right, price of bitcoin could go that much up and reach 50000 dollars. But i do not think that will happen... not ever. Yes price of bitcoin has going up more than people think it would, and yes people start to like bitcoin because they can make easy money from it. But i do not think that price will go above 10000 dollars, maybe it will not reach 5000 dollars price. At least that is what i think, so i guess we will die first. XD Tongue
699  Economy / Economics / Re: If you have a lot of bitcoin, should you spend it or save it? on: September 12, 2017, 07:35:38 AM
Let's say I have 2.1 BTC And I don't spend it. Will it go up a few cents if I save it? Cause in my wallet I have up to about 50 cents worth of bitcoin. I started up with 13 cents 7 months ago. Now all of sudden I have bitcoins worth 50 cents. What do you call this? I only made that one 13 cent deposit. Nothing else!
Having such a great count like that is such a blessing. If I have an amount like that I will be glad to save most of it for a good purpose and that is for future purposes. If I will save it, I will assure that I will spend it for good and that will be on investment to make my initial holdings expand into capacity which is also beneficial.
Well it is simple actually. If you have high amount of money in bitcoins, the more you hold them (if price is going up) the more you will get. So lets say you bought one bitcoin for 1000 dollars, and price rise from 1000 dollars to 2000. In that moment you made profit of 1000 dollars just by holding. But for low amount in bitcoins it does not pay that well. For lower amount best option would be to trade them over and over and made profit from that. But at the end everything would be spent so... Cheesy
700  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin CASH vs Ethereum on: September 11, 2017, 12:01:11 PM
Actually i do not share your opinion that Bitcoin cash will overcome Ethereum. I mean it is not impossible, but i think that people support Ethereum more than Bitcoin cash, and there for it will prevail. Maybe i think that way because i do not support Bitcoin cash, but i do not think that is the case. Etehereum is older and it will last longer than Bitcoin cash, that is what i think.
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