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701  Other / Off-topic / Re: Do you actively spend your bitcoins? on: June 17, 2016, 02:48:42 PM
I'm now spending my bitcoins on the digital good section mostly on this forum because they are having some nice offers over there.
I as a example bought a nice accounts list from it for netflix.

If you love spending your coins then its really good as we need rotation of bitcoin in market as majority of people believes in holding their coins at a moment for halving.

That's true, just wait for the halving and stop spending actively and save it for the halving. Because there are many speculations that the price is really going to rise. So, once the price goes up then that's the right time to spend actively again.
Well I think it can be smart its how you look at it if you ask me, many people are paying with the bitcoin, this year I already heard it multiple times.
I think its good to pay with the bitcoin this is because of the point you are making for the bitcoin, people in stores at the counter are looking up if you want to pay with the bitcoin.

I don't think people would be spending their coins at a moment, as everyone is waiting for halving so all of them have put their coins on hold and will spend when price goes higher.
702  Bitcoin / Bitcoin Discussion / Re: How did you first hear about bitcoin? on: June 17, 2016, 02:46:28 PM
actually i just saw it on a youtube video and after that i saw a post on facebook that is showing and sharing his acquired bitcoin stored on his wallet so i get very interested of bitcoin after that and i start to ask him how can he earn a bitcoin .
yeah even I saw bitcoin related community on facebook for the first time, so I joined that community and started to collect information about bitcoin.
703  Bitcoin / Bitcoin Discussion / Re: What's stopping people from using bitcoin? on: June 17, 2016, 02:44:43 PM
People are stopping using Bitcoin when they know that they cant earn profit with it and that is bad because you have to be patience with it.
And yeah it can takes a long time until the value will be higher so that is really bad.

using bitcoin doesn't mean taking a profit out of it, that would be using fiat.

USING bitcoin means people start treating it more as a currency, and businesses start accepting it as a payment so people can spend bitcoin instead of cash.

but if you want to buy bitcoin to sell it high and get out fast, you better use your fiat and don't even bother with bitcoin.

Until the time doesn't come that it will be used and accepted everywhere people will keep on converting it to fiat as there is no other option left for people to spend their bitcoins.
704  Other / Off-topic / Re: Why would customers use Bitcoins? on: June 17, 2016, 02:41:58 PM
Customer should use bitcoin cause it is more safe than creditcards. Credit card credential can be steal at onlinr shops you buy. And bitcoin has a less transaction fees

the customer can easily do shopping everwhere. they can also use it for buying good online without doing any exchange of their flat currency. its no need to carry from one place to another.

Even though there are still few stores that are accepting bitcoins as a method of payment. But for sure in the near future they are going to consider
accepting of bitcoins as a way of payment so customers really need to use bitcoin.

If people find it easy and convenient then they will surely start using it , but the fact is it will still take time to get accepted everywhere.
705  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: June 17, 2016, 02:39:56 PM
If you give that amount of bitcoins then I will do some investments and get it back to you with suitable profit in the next months.

Yeah if someone is giving it for free then we can afford to take risk of investing, but if I would have earned it on my own then I would prefer to hold it for halving.
706  Economy / Speculation / Re: Quick Survey: When will you Sell your Bitcoin? on: June 16, 2016, 03:14:57 AM
currently bitcoin prices already passed $650 few days ago and for short term trade i think i would like to sell my bitcoin if the prices reach to  $700 - $800 and i guess it would not be long for wait because my predictions in the near future bitcoin will be reach to $700 above

Your prediction was correct, it already passed $720 at this stage so I think you should sell your coins and book the profits as its really good price to sell some coins.
707  Economy / Speculation / Re: What price should I buy at? on: June 16, 2016, 03:13:05 AM
Sooner or later it will reach $1k marker and then you`ll ask the same question lol.

Its better to buy even now, before any halving after the event anything beyond I see is pretty much a premium.

Its similar how early bird tickets - and then tickets are sold out scenario when you see people selling those blizz con tickets for crazy prices.
Price will be higher at the time of halving for sure and if you wish to buy then you can buy it right now but price is really high at this stage so take a wise decision.
708  Economy / Speculation / Re: Good idea to buy bitcoins now? on: June 16, 2016, 03:10:59 AM
I think yes because the price is continue rising so it's the right time to join the flow and to make profit by just holding the bitcoin that you buy until halving.

Not the right time to buy as of today as price has gone beyond $720 so I think we should wait if we want to buy some coins as this price is  not affordable and its very high.
709  Economy / Economics / Re: Is it better to save money or invest it? on: June 16, 2016, 03:09:07 AM
each way have minus and plus, if you invest small amount than in future your invest can be double maybe triple you will be regret why you invest small amount.
but if you invest biggest amount than you lost your money you will be regret why you invest big ammount.

it's the fact of invest  Roll Eyes

If you really want to invest then you need to take that extra risk at a moment, as investment is always better then saving  in long run.

Saving on a long run is not good indeed but right now I would not go for the bitcoin with investing so lately.
The price is already to high to invest in my eyes.
Saving is important as you can use it in times of emergencies and future plans, but part of the savings should be appropriated for investment. We need to think of growing our money in the future and don't just save it without an expected profit. We should be wise now as it is the best way to be rich in the future, take the risk and enjoy the rewards.

You cannot invest directly into any product for that you need to save money first and invest according to your choice and convenience so I think both saving and investment are important.
710  Economy / Economics / Re: The Halving - Good or Bad for Bitcoin? on: June 16, 2016, 03:06:28 AM
I think halving will bring good news for us. Halving will make less supply on market so the price will be increasing quickly because of same demand. Miner won't suffer huge loss because the price will be higher than today, so they can earn same amount of money as today even though their income in bitcoin will be reduced. In my opinion, halving won't bring any effect to miners Cheesy

Halving will be really good for the normal users like us as we have been eagerly waiting to see higher price at the time of halving and now we are positively approaching towards it.

This halving will surely show us some great price of bitcoin which we have never seen in the past, so I think this halving will be definitely profitable for all of us.
711  Economy / Economics / Re: Why do you buy Bitcoins? on: June 16, 2016, 03:04:28 AM
I bought bitcoin because i want to invest and to earn more money and i see the potential of bitcoin for the future and also the halving come it can double the price of bitcoin and i believe on bitcoin.

Majority of people are buying bitcoin at a moment to make good profits at the time of halving and that is the reason price is moving up so rapidly now.
712  Bitcoin / Bitcoin Discussion / Re: What to do with 1,5 BTC? on: June 16, 2016, 03:02:35 AM
I would invest it in some business to get more dividends out of it.
I suggest that you save them for the future because we will never know what the price is going to be. It is a gamble that you can take but it can pay off in the end.

The BTC consumer has to be a believer, because is, yes, buy and keep BTC is just gambling for the future... i dont know maybe is time to keep some of them and sale the other, or wait for a bigger price...

lets wait for it my friends

Dude are you saving that amount in the future for the sake of your gambling satisfaction? If that's your plan well that not a good plan.
It is just like, you are saying, you will save money today and just play and lose it in the future.
Wow, I don't think so... It's too bad to only save your bitcoin and wait until bitcoin has a high price.... and just only to lose it in the future.....'
you can do better with your bitcoin.

Gambling will surely not help in long run, as you will loose everything one day, so its better to hold your btc as 1.5 btc is not a small amount, if you have it make best use of it.
713  Other / Off-topic / Re: Where u use bitcoins? on: June 16, 2016, 02:59:24 AM
I only use my bitcoin at online store and to buy digital goods. Most of local store in my city don't accept bitcoin as payment method, not only bitcoin but also paypal. They still think that online currency isn't secure enough to be accepted from buyer. So I only use my bitcoin to buy games and pay my phone credit.
Same thing with me Only prefers using bitcoin to buy digital goods, A lot of local stores it's not accepted PayPal payment too... only international store can accept PayPal payments.

I think Paypal is accepted almost on all online sites but still I don't prefer to use it, as bitcoin is the best but the fact is very few sites accepts bitcoin as a mode of payment.
714  Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase? on: June 16, 2016, 02:56:53 AM
3 out of every 4 persons who answered the survey have the same thing in mind. That is to hold and wait for further price increase. I was not able to buy yesterday when the price briefly touched below $670. Now it is up again at $723. How quick the price changes.

Yeah and if you had any plan to buy then yesterday was the best time to buy as price was below $700 so I think you should wait for some more time if you want to buy as current price is too high.
715  Bitcoin / Bitcoin Discussion / Re: What is big problem in using of bitcoin on: June 16, 2016, 02:55:07 AM
what problem do you have in bitcoin.

This past few days, The problem i encountered with Bitcoin is the unconfirmed transaction is taking too long to get 1 confirmation, yesterday i sent 0.1 bitcoin in my gambling wallet and it took 6 hours before i get the 1 confirmation.
i never had that problem, the longest confirmation that i ever had it took about 15 minutes, i dont get it why majority of the comunity here complain about the confirmation time, it must be the fee, as we know that if higher the transaction fees we provide then faster the confirmation we get, this case must be fix before bitcoin adopted widely
Delay in confirmation time is no big deal and if it is the biggest problem for you then I think you should stop using bitcoin as I have never faced that problem ever.
Yes delay of the transaction is given and the time is not a problem you should consider this is online transaction there are securities need to confirm your transaction
Yeah, it's not a problem if only take few minutes of my time. yesterday some people have an issue with their transaction need few hours only to wait for 1 block confirmation. I think it's not normally.

Confirmation time is not at all a problem, it will be resolved in future, the biggest problem is we cannot spend it everywhere we want as there are very limited shops that accepts bitcoin.
716  Economy / Speculation / Re: Bitcoin price will reach $4000 after halving ? on: June 15, 2016, 07:24:03 PM
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.

It doesnt however when the 90 % of people that use bitcoin currently believe that it has something to do with the price then the price will rise. People will keep on buying because of the hype that is for sure which is why we can see that the price is keep on getting higher every hour in constant rate

Yes and we can expect the same thing till we reach to the halving stage as people will keep on buying till haling hoping that they can earn best profits by selling at that time.
717  Economy / Economics / Re: The future of the paper money on: June 15, 2016, 07:22:23 PM
The skyrocket price of bitcoin will bring more power to the paper money.

Why? With the price rise in the future, many people will sold their coins. Fiat money will more be used because of it's high value when bitcoin converts.
power by paper money will be lost most probably in my opinion because all people will be concentrated on bitcoin
I don't think that paper money will vanish ever as it seems now permanent to exist. As there are more people using real money than the people using cryptocurrencies but in future bitcoins will be used more widely due to the demand from digital era.

Agreed, but we cannot neglect the fact that users of paper money are more in compare to bitcoin and the scenario will be the same in future even if bitcoin gets on the mainstream.
718  Economy / Economics / Re: Bitcoin or gold? on: June 15, 2016, 07:20:48 PM
I think that although gold might have some more proven track record than bitcoin, it won't outperform BTC in the short term in my opinion. Bitcoin is virtual while gold is not.

I prefer bitcoin because it is more portable.

Also the same with bitcoin, it won't outperformed gold. Because like you said bitcoin is virtual and gold is not. Virtual is only taking place in one place and that is online. If no internet, bitcoin is nothing and useless.

Internet is not going anywhere, and so the bitcoin, we don't need to worry about that, bitcoin is future and gold has become history now, better to invest in bitcoin.

yeah, now is the time of virtual business so internet is an important part of the world business and to maintain the business of the world everyone will care for it and will make it more stronger.

Yeah and if you have faith in innovative technology then you will invest in bitcon and if you still have that traditional mindset then you will invest in gold for sure.
719  Bitcoin / Bitcoin Discussion / Re: What's your biggest problem with Bitcoin on: June 15, 2016, 07:18:50 PM
My biggest  problems with Bitcoins is if fluctuation of the price comes.
and then  sometimes my transaction is extremely delayed before my confirmation
comes in into my email Embarrassed

If you are trading bitcoin then price fluctuation should not be a problem for you, as I trade bitcoin and I take best advantage of each and every fluctuation to make profits from it.
720  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: June 15, 2016, 07:17:08 PM
I want ask anyone if i give you 10 Btc what will you do. because i want investment but i have no any good idea to invest it (except gambling) but i don't like dambling.So i want ask you viewS.
Maybe if I were given 10 BTC I would use it in trade or it might be an investment.
I do it because of the trade and investment we can double the profits.
I am agree with you, in this time both are best way to getting profit. For me, i am also include gambling. It is also best way to getting the bitcoin without any hard working and in less time but it is totally risky, if you earn in less time a big amount, so in the same time you will be lost it. But the same situation is also here in trading, it is also risky, if you have knowledge about it than better it, otherwise investment is best way. 
i think there is a difference between gambling and investment. if you do not want gambling you should invest bitcoin in other trading like propert dealing. to or motor bargain etc.

Gambling is also an investment, if you want to gamble then you need to invest your money first and then only you will be able to gamble, but its an really risky investment to make.
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