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7021  Bitcoin / Bitcoin Discussion / Re: Bitcoin in the future on: August 24, 2017, 09:21:55 AM
I see a very bright future of bitcoin and that is because of what bitcoin done from the very first year until now. Bitcoin will continue to grow up and get stronger because of the developments that they will implement in bitcoin and i hope that bitcoin will continue to live even i will not be able to stay longer in this world.
7022  Bitcoin / Bitcoin Discussion / Re: Why people are holding Bitcoin? on: August 24, 2017, 08:47:01 AM
Most of the users hold their bitcoin because that is one way to earn big profit in the future and we all know that value of bitcoin is continuous increasing having huge amount of bitcoin makes big amount of money. That is why i eagerly to collect more and more bitcoin for my future.
No doubt that your point is right, the amount of bitcoin is a huge deal in accumulating profits in bitcoin so if we have more bitcoin then if the price will pump even a little bit like 10%, we can still earn a lot of profit from our holdings so it is the reason why people are holding bitcoin and why us, bitcoin users should collect more bitcoin.
7023  Bitcoin / Bitcoin Discussion / Re: So Bitcoin is better than Gold? on: August 24, 2017, 07:48:45 AM
True bitcoin is much better than gold and also safer when compared to gold, through investing in bitcoin your money in a very profitable and incremental way for a while at least because bitcoin prices increase day by day.
For me bitcoin is better than gold.

If talking about the risk, the bitcoin more risky than gold. but in terms of profit, bitcoin is huge because it is comparable to a big risk too. But if bitcoin is said to be better than gold, for me that's true because I myself can benefit greatly in quick time, unlike when I invest in gold.
When concerned about risk, bitcoin is highly risk involved whereas Gold is an reserve where the security is perfect. At the beginning of the year people were speculating whether the price reaches the value of gold but in a short all that happened with gold value getting surpassed and reaching twice the thrice the value of gold. This shows how profitable bitcoin is, though it has got risk.
There is always a risk in every investment and it is up to us if we are going to take the higher risk for higher possible rewards and we are just going to the stable and to where we are comfortable to invest or put our money. Bitcoin and gold is a very different investment but it takes a real good investor to choose which is the best and even though i am not a professional investor, i will still pick bitcoin over gold even it is a very risky investment.
7024  Bitcoin / Bitcoin Discussion / Re: Bitcoin Price Might Exceed $1 Million, More Millionaires in World Than Bitcoins on: August 24, 2017, 06:57:40 AM
I don't think that the price of bitcoin will exceed or even touch a price that is close to 1M USD price because that is too much and i think the max price of bitcoin will be just around 50,000 USD because the difficulty of mining is one of the future's problem and also the network foundation is a great thing to maintain so if the difficulty will be maxed and mining will not become profitable anymore then bitcoin will just die.
7025  Bitcoin / Bitcoin Discussion / Re: Segregated Witness Activates on Bitcoin: This is What to Expect on: August 24, 2017, 06:26:32 AM
So the segwit is activated in bitcoin and i think it will be a crazy energizer for the price of bitcoin and it can pump the price very high. Segwit is one of the reason why litecoin got very high on its price and that is not far for bitcoin to happen also so expect some huge price rally for bitcoin that can be up to 10,000 USD.
7026  Bitcoin / Bitcoin Discussion / Re: What services you wanna see with Bitcoin ? on: August 23, 2017, 12:27:11 PM
The services that i wanted to see in bitcoin is getting used in daily life and almost all the establishments. Bitcoin is a good way to execute payments and using it on different businesses is a good step for promoting its use for such services payment like in restaurants, car wash and so on. I want to see it on bitcoin and i think that it will come true and we just need to wait for a few long time.
7027  Bitcoin / Bitcoin Discussion / Re: What happen to bitcoin fees continues increased.? on: August 23, 2017, 12:10:39 PM
If the fees will continue to increase then a lot of people will get mad for that because they are here and using bitcoin because of the fast transaction and also cheap fees and if the fees will continue to get more expensive then they will think for transferring from bitcoin to another good coin with better and more affordable fee for every transaction.
7028  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin truly decentralized? on: August 23, 2017, 11:40:34 AM
Bitcoin is decentralized and it's not depending on any central bank, government or regulatory agency. When it comes to manipulation I don't say there is no chance but I think the possibilities are minimal. Minera could be a different story but still I don't think they influence that much.

Agree with you
Bitcoin is decentralized. It's has own power. Bitcoin is not depending any central bank. I have no actual idea  about bitcoin but i believe that bitcoin is decentralized digital currency.  Now its so much popular.
Bitcoin is decentralized because that is one of the reason, bitcoin is not depending on any central bank and it is also dependent on any organization or government so it is a complete package of freedom. Bitcoin is offering freedom to the people and that is what people like, because of the freedom it attracts people to use bitcoin because they don't need to feel scare about the government and they have the complete control for their money that they putted in bitcoin.
7029  Bitcoin / Bitcoin Discussion / Re: How many people left their full-time employment to go into Bitcoin? on: August 23, 2017, 11:13:55 AM
I know only few people who left their full time job or regular job to just go full time in bitcoin. They told me that there is a brighter future in bitcoin rather than to their job because their job is very stressful and it is time consuming even just going to work so if they will work on their home and just go full time in bitcoin then they can earn more money and have more time for their family bond.
7030  Bitcoin / Bitcoin Discussion / Re: Are the forkers purposely trying to kill BTC? on: August 23, 2017, 10:58:58 AM
It really depends on the fork, i can say that the soft fork is much safer than hard fork because in soft fork there is no split and only the block size is being change and just some modifications like the segwit which is a kind of soft fork and that is safe because it will just add more size into the block size and modify the current system and implement lightning network unlike hardfork that there is a proposal of having 2 chains which is very risky for the original coin because the users might migrate to the clone coin.
7031  Other / Beginners & Help / Re: Mining Bitcoin With CPU on: August 23, 2017, 10:46:28 AM
The question is, how fast if Bitcoin mining is done with CPU?
Mining bitcoin with CPU is not a good idea because the primary device that you will be using is the GPU or graphics card because they have the capability to solve the math problems easier and faster so you can get your reward which is bitcoin faster enough than the CPU. It is also risky to use your CPU and it can damage the lifespan of your CPU because they are all maxed out when they are being used to mine bitcoin.
7032  Bitcoin / Bitcoin Discussion / Re: Which is the best Altcoin for Intraday Trading??? on: August 23, 2017, 10:31:11 AM
Someone please suggest me which is the best Altcoin for Intraday or Short term trading, with good volume to make good profits. Huh
You can't do short term trading with altcoins always because they are not well established and active like the forex market so it will be going a difficult thing for you to do short term trading but if you still want to try it then just go with the high volume or top volume cryptocurrency in the market like bittrex and poloniex so you can do at least a few trades if you are lucky in that day.
7033  Bitcoin / Bitcoin Discussion / Re: What is the best source of news? on: August 23, 2017, 08:37:42 AM
The best source of news for me is here in our forum. If there is a hot news that just came up in the cryptocurrency world then there will be someone of this forum who will post some topic that is related to that and that is how i get the most of the news for cryptocurrency for some fundamentals like news.
7034  Bitcoin / Bitcoin Discussion / Re: The advantages of bitcoin on: August 23, 2017, 08:25:20 AM
The advantages of bitcoin for me is, it is the easy opportunity to get in because it is on the internet and that is one of the most visited thing in our world so if the people want to earn money then they should just go online and search and study bitcoin so they can get into bitcoin work and they can earn money easily. So the advantage for me is about the accessibility.
7035  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin supersedes Cash in the near future? on: August 23, 2017, 08:13:36 AM
It's likely that we will have it and that will be through many conversations and the worst will be a riot. We know that its price is down and up and the crypto is dependent on the buyer's demand. And if it loses it can be a lot of people will lose money and of course damage their lives. This is my opinion only based on my knowledge. But bitcoins can not be replaced with Fiat Currencies.
It is not bitcoin can not be replace with fiat currencies because it is opposite. Fiat currencies can not be replaced with bitcoin because bitcoin and other cryptocurrencies are not stable so its value may not be worth it to hold and to be used for daily basis and a lot of people will not be able to understand the technology behind this so it is not that possible to replace fiat.
7036  Bitcoin / Bitcoin Discussion / Re: Why people are holding Bitcoin? on: August 23, 2017, 07:58:51 AM
Because they know that bitcoin is the future.
They think that bitcoin prices will be very expensive in the future.

Simply just observe the actual situations from recent years so the trending goes higher on bitcoin's future. Even how expensive the price now people got to hold it with stronger decisions to take for longer months to go or even years, just to wait for an exact price so they can even sell for profit. Now it's always gaining a good demand and I know more people will learn how to acquire the ideas which can help them realize how profitable bitcoin to every persons lives.
If the people who are using and planning to have bitcoin will realize the significance of bitcoin then it will be easy for bitcoin to go higher because most of them will just hold bitcoin for long term and it will make the price to go to the top easier. Long term investment is a good way to grow our money but we need to set an exact target price for bitcoin so we can sell to that price and secure our profits.
7037  Economy / Economics / Re: A wise strategy for your bitcoin on: August 23, 2017, 07:45:12 AM
Hello everyone, I want to share about my strategy with bitcoin and I need your advice.
So the example is, I've buy bitcoin in price $2000/btc with amount $750 so I have 0.375 btc. When the price climb to $4100/btc, I sell my 0.184 btc to get my first capital and get $754.4 and 0.191 btc left .then when the price dump again to around $3900, I buy it again with my $754.4, so I get 0.193xxx btc and  my total btc is 0.384xx. With my $750 I can keep increase my bitcoin with this strategy. So what do you think. Am I doing right with my bitcoin? Or you have any advice. Please explain.

i think you do the right thing and because of this, you can increase your fiat and your btc in the same time. but you need to analyze how much the price will increase and decrease so your order buy and sell can filled and of course you can increase your profit. but all in all, I am agree with your strategy and its really work for you. maybe I can take some lesson from this and mix with my own strategy. thank you for this.
There is no need to analyze the price because he is doing the right thing in trading of bitcoin and yes he is doing good in increasing his bitcoins and also the value of bitcoin in fiat at the same time so i think that kind of strategy is a good thing to follow by the newbies which can develop their trading skills too.
7038  Economy / Speculation / Re: If price of BTC reach 50K who is going to buy? on: August 22, 2017, 06:50:39 AM
If the price will reach that 50,000 USD price then the people around the world who uses and still believes in bitcoin will still buy it because of the technology that inside of bitcoin and having a technology is not always about the price, it is about the things that we can get benefits and not the price that is whether going up or down. If you are a true technology geek then you will understand why bitcoin will never stop getting adopted by the countries even the price of it is already high.
7039  Bitcoin / Bitcoin Discussion / Re: So what is the point of all that fork? Bitcoin still useless and slow. on: August 22, 2017, 06:35:02 AM
The fork of bitcoin in august 1 was a hard fork or a split into two chains and the fork that i wanted for bitcoin is the soft fork or segwit because that will make the bitcoin faster than ever and it will make bitcoin enabled the lightning network like litecoin and there is a chance that bitcoin will become faster and the fees will become lower and it will result for more users to come because of being affordable and easy to use.
7040  Economy / Speculation / Re: Is it too late to buy bitcoin? on: August 22, 2017, 06:18:33 AM
No, it's never too late to buy or get into bitcoin because it is still in the process of getting known. Only a small percentage of people are aware of what bitcoin is and a small percentage of that value bitcoin and are actually interested in getting or investing bitcoin because they see the potential in it, they see that it can do so much more and that through time it will be valued and be seen as good as cash.

I could argue that right now it's a bit too late to buy bitcoin. But it all depends on what you want out of it and what plans you have for the future are.
I think the bitcoin price is not directly representative of whether or not to invest. Even if the price is already more than $ 3000 though. But bitcoins are not yet popular, not yet popular, not many stores accept bitcoin, not many users, etc. Bitcoin is still far from the word widely used. So bitcoin still proceeds and grows and as long as bitcoin is still developing, then it has not been said to be too late


In other words, it's not too late if you're looking to hold long term, but if you're trying to make a quick buck it's probably not a good time to buy since we're pretty much at the peak it's been for its existence.
We are now slowly touching or experiencing a dump in the price of bitcoin and that is a good sign that the price is calming and it is the best time for the people who got left behind to get in and buy a lot of bitcoin for long term. Bitcoin will always amaze us so if you are asking if it is too late to buy then the only thing that i will say to you is to "Just do it and buy!".
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