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7201  Economy / Speculation / Re: The rush to sell is real on: March 21, 2017, 01:48:42 PM
Unlike many wrong speculations as we can see now price is recovering again from $1000 yesterday up to $1093 today and hopefully will continue to increase back to $1200+ in no time. I'd never lose my faith on merely incorrect speculations.

We will see the price get to $1200 again. But I wouldn't be too surprised if we had another drop in price before then. We could be in a period of price fluctuation.
I don't think so, i think the price of bitcoin will always steady until another big news will be released. in this time a lot of the people are feeling sad caused by the hardfork of bitcoin in the future.
But it seems like a lot of the people are thing if that's not giving bad affect for the bitcoin. and in this time the bitcoin always recover.
7202  Economy / Speculation / Re: Time to buy back up! (again) on: March 21, 2017, 01:09:12 PM
Lol i only see panic people and mad folks. We need more charts, predictions and not 1000 chats about the same subject. Why can people start like 10 topics about a price crash like : we all going to die and bitcoin is dead. 1 bear topic should be enough. Thats all i am saying. I almost cant see the forrest anymore because of all those threes.
May i think if this section is lack of the quality thread with a lot of the analyzation and speculation such as building the chart which it can help a lot of the people. This time the price of bitcoin is back. dump and pump is the usual things on the bitcoin. People just scared to see what happen with the bitcoin itself. But honestly i'm surprised about the decreases price of the bitcoin.
7203  Economy / Economics / Re: So easy to make people panic. right? on: March 21, 2017, 01:03:18 PM
Ok so due to BU the size of blocks can be increased which will result in faster transaction confirmation and eventually less price so my question is (correct me if i am wrong) What's stopping some another stupid developer to create another fork in which he increases the supply of bicoin lol and majority of the nodes start accepting that? May be then all the hodlers will be doomed?

In this case a lot of the conspiracy theories. Because this will have a relationship between the miners and the stupid dev. Without the backed from the miners, the stupid dev can't do anything. because they're gaining a permission to fork the chain according to the consensus rule.

The key is the miner itself.
7204  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: March 21, 2017, 04:41:40 AM
a higher price attracts attention and convinces people that bitcoin is valuable. the psychological effect brings in more capital and higher adoption.
It does really matter thats why many are investing with bitcoin because of the opportunity to earn if they put their assets on it. buy when low then sell when it goes up thats how it is. adoption will likely not growing if the price of btc is stable.

The price dump could not be permanent, everything requires timing in order to find the real value in buying and selling. The recent price dump is already a great opportunity to buy as we all know the price will rise accordingly. The volatility of the price is our friend, without it we will not earn in trading.
Yes i think for the traders will realiza it for another chance to gets the cheap coin. But for the people are not a traders and they will be feeling scared about that market. Dump and pump is the usual thing in crypto and i guess you'll be find with it. Just try to analyze the situation. and don't be following the rumour in our community.
7205  Economy / Economics / Re: The dream of getting rich with bitcoins on: March 21, 2017, 04:39:01 AM
I will never become rich with bitcoin as it is not my primary source of income and its only a extra income for me and I don't think that anyone can become rich with side income but I am satisfied with my small earnings as it is definitely helping me in many ways.

If you manage to have a knowledge on trading even at side job there is a possibility that you can get rich.  Playing Bitcoin - Altcoin trading, and being able to get in the train before it left, you can possibly get rich with it.  It just needs time though.  I have seen several altcoin from dust BTC price to something like 0.01 and above.  Those who bought at it at a very cheap price and hold will surely get rich with it.

Yes, you can get rich with all these things like altcoin trading, saving bitcoins etc but all of these require time.It is not like that you will get rich with bitcoins within hours or days. It may take months or even year to get good income with bitcoin.
there may be several methods that can make you rich in a few hours or a few days, with gambling there are many gambling sites in bitcoin and if you have more luck you can be the preserve of the rich from gambling. because I look at the statistics gambling.there are many users who have profit of more than 100 BTC
if you want rich with bitcoin better not gamble. sometimes your side job like bitcoin is earn a lot of income from your main job so possible for you rich with bitcoin, but if you've been thinking it impossible to rich with bitcoin in your brain I think it is difficult to change your outlook
Just try to get the promises investment. and it can make you being a rich person in the future. But it will be more useful if he must trying to make a something is big. to get a big job such as developing the project. but it will require a high level skill. but it will very worthy with your effort. and you'll become next rich person such as vitalik.
7206  Economy / Economics / Re: How can we make more money? on: March 21, 2017, 02:20:49 AM
To make more money is to spend your hours on working and manage it with profitable way. Do not waste your money into something that makes you lost it like investing to a scammers.

I think efficiency works more than spending hours in anything, I mean to say that if you are an efficient person then you are able to make high money or more bitcoins.
I can't catch your point, the efficiency means if you're being actively for managing your time and your activities, in this case i mean about mever waste your time to spend on the useless things. I give you an example the efficiency will be appearing if there will a person are not waste a second of his life for the useless things. and the efficiency is not about the money but how can you manage your time being a quality time.
7207  Economy / Economics / Re: Bitcoin or gold? on: March 21, 2017, 02:15:21 AM
Bitcoin - gold will hold its purchase value if something goes wrong with the US dollar, while bit coin will skyrocket if something goes wrong with the US dollar. 

Bitcoin will probably skyrocket and gold will hold steady even if things are fine in the US due to everybody already knowing about gold, and adoption of bit coin driving prices.

Both are good at there own way, but btc price goes much higher than the gold, reason why people trust gold it is existing from the centuries and changing the mindset of the people are not so easy, As we all know btc is decentralized so becoming much popular among the public is difficult but still we can say that it will become the best option for the btc users.

The supply of gold is not limited so it will never go to extreme high level in future but the bitcoins are very limited and that makes it unique as when demand will get higher in future it will have huge impact on the higher price of bitcoin and if people understand this then they will start investing in bitcoins.
No, the gold is having a limited supply. because the gold is a commodity. The community take the valuable of the gold from his beauty. It's different with the bitcoin caused by the bitcoin. because a lot of the people are taking the value of the bitcoin from the usefulness of the bitcoin itself. You can't compare the bitcoin and the gold in this time.
7208  Economy / Speculation / Re: Bitcoin dropping like a stone on: March 20, 2017, 10:24:48 AM
It is obvious that funds were replaced from bitcoin into eth and dash I think people are realizing that they can use other alternatives to bitcoin as well and they have somewhat the same potentials.

It may very well be that certain people shifted their priorities temporarily to trading altcoins due to their heavy fluctuations, but that's nothing new. ETH and Dash are being pumped with money from very wealthy individuals that hold the far majority of the circulating coins/tokens in their portfolio. Do you seriously think that the extreme pumps that altcoins experience is coming from legit demand? If the people behind these massive pumps didn't had the majority of the circulating coins, then they wouldn't have any incentive to pump the price. ETH and Dash don't enjoy any sort of real world usage. They purely function as speculative investment options for with greed filled people. MLM was also mentioned to play an important role, but I can't verify how far their importance is when it comes to these pumps.
Ethereum is starting to be adopted quicker than you'd think, AlphaBay a darkmarket is adding Ethereum as a payment method because bitcoin can't fulfill that role any longer  Embarrassed. ETH also has Ethereum Enterprise Alliance, which is basically an alliance of companies that are working together to see how they can use ethereum for their companies... It's unfortunate how a lot of bitcoiners refuse to realise that alts are catching up to bitcoin quick.  Cry
The ethereum alliance is such an example about how the serious of ethereum dev. But if the bitcoin will be applying on the alpha bay it means if the bitcoin doesn't having a chance to get a legalism in the future.
We are know if the alphabay is the big blackmarket and containing a lot of the illegal stuff. and it's not good if the bitcoin will be accepted on the alphabay market.  But honestly the altcoin is like a bull right now.
7209  Economy / Economics / Re: china will no longer able to control bitcoin market??? on: March 20, 2017, 02:15:59 AM
Possible or not if bitcoin users increase, china will no longer able to control bitcoin market. i see china market always try to dump the price even other exchange want to the price keep rising.

China had never been in control of bitcoin market.  It was just an illusion that they do control it.  Though probably the market is controlled by people who have an enormouse amount of Bitcoin and had been made a huge profit during the 2013 bubble.  And the news about PBOC are just a misunderstanding.  PBOC just want to have an exchange that follow the government rule.

In bitcoin, it is only the the people control the price and volume and if majority of people in china uses bitcoins, it means they can collectively make strategies and control the greater share of the bitcoins.
It reflects on the block voting. But to control the price and volume of bitcoin will not possible for the Chinese. The strict rule by the PBOC was making a limit access for the Chinese community to make another manipulation for the bitcoin right now.

I think, The possible thing for the Chinese community are trying to attack through the scalability rule.
7210  Economy / Economics / Re: At what exchange rate would you call Bitcoin dead? on: March 20, 2017, 02:11:47 AM
Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

I really cant see bitcoin ever being dead, for it to ever reach 0.00 the whole network would have to be completely broken.  there will always be someone who will pay for bitcoin including myself. 
No, The bitcoin network is completely broken. Bitcoin is not dying but the network is dying. That really sucks honestly. If there will always be demand in the future and the bitcoin will not die.
7211  Economy / Economics / Re: Bitcoin to be international currency on: March 20, 2017, 01:32:22 AM
I think this is still a debate, many users of the bitcoin is optimistic about the future of the bitcoin will replace the fiat money, I think it still takes long process, because the Government needs political support to approve the wearing of bitcoin.

A very long process that need to take by bitcoin to be implemented as a world currency. Even though there where country that let people use it as their payment yet there were countries that totally contradict with the function of it even there are lots of advantages.
Bitcoin is on a long path to become the world currency. Although Bitcoin is used everywhere, there are not many people recognizing this cryptocurrency because they still believe in Fiat and tradition currency. Moreover, some countries even ban Bitcoin for no reason

Bitcoin is already a world currency as well as other cryptocurrencies due to their nature that they can be accessed and used all over the world and crossing boundaries and not is limited by just one country like traditional currencies. But even bitcoin is a world currency it is not the official legal tender and so it can never replace the fiat currencies that are existing right now.
yes that is right to say that bitcoin is already an international currency as bitcoin can be use as currency in all over the world and hope thatn in future it will become more and more popular.
Nothing to say about the statement bitcoin as an international currency. According to the massive adoption and bitcoin have a lot of the users around the world. and it would be assigned as a common aspect.
But by determine the bitcoin from the institutional recognition and it looks like bitcoin is not an international currency. The limited of the blocksize makes bitcoin difficult to attract more people to use it.
7212  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][KMD][dPoW] Komodo - Zcash Zero Knowledge Privacy Secured by Bitcoin on: March 19, 2017, 03:18:50 PM
Anybody know why so long "Wallet maintenance" on bittrex?
I have a same question with you. How long the time for the hardfork? I want deposit my KMD on bittrex exchange.  Undecided 
7213  Economy / Economics / Re: Which one is good, trading or investing? on: March 19, 2017, 07:30:10 AM
Investing still the good one to do it, by this things you can choose on which business you think that your capital can grow in a short period of time only. Though trading is also a good one to make profit but it is much better to to put some investment too into trading.
Yes investing is good but do you think investing in HYIP / pyramiding/ ponzi is good? No! Investing in ICO is good one example in investing it help to grow your bitcoin because after ICO you can get some rewards . Trading is the very best way to earn bitcoin buy low price and sell when the price is high . Trading its not easy you need learn first before you do that.
Are you ever seeing if he was saying about investing on HYIP / Ponzi? It looks like you need to read the whole sentence again. He was saying if trading is the best method.  Roll Eyes Tongue
7214  Economy / Economics / Re: Bitcoin is no longer a currency on: March 19, 2017, 07:26:46 AM
It's still a currency, but right now the price was changing really fast. I think better to sell right now your coins and wait for any dumps, if you read the last news we had a lot of issues with lost bitcoins 3 billion bitcoins been wiped. Indeed, we know that anything can happend in this 2 weeks better to buy some fiat money and save them for next invest
I think so, because a lot of the news about the bitcoin hardfork has make a panic feel for every bitcoiners. And if the bitcoin chain gets split and it will give a negative impact for the bitcoin in the future. This time is not the right time to get on the bitcoin.
7215  Economy / Speculation / Re: So, what's up with the price? on: March 19, 2017, 07:00:23 AM
Those weak hands. Some people will never understand. Momentum is broken. Slow recovery to 1070 EUR is underway. After that we brake to 800 EUR because of activation Segwit. Dont miss this recovery chance!  Hodl until we reach 1070 EUR.
Do you ever seen the activation bitcoin segwit? There will no segwit in the future and i know it.  Cry
7216  Economy / Speculation / Re: When do you think Bitcoin will reach $1500? on: March 19, 2017, 06:58:37 AM
I think it can reach 1500$ this december, usually the high rising price is at that month, but that rising usually is not stable it will go down again in january, and for now the rising is a bit difficult because there are investor shift their investing into alt coin because the alt coin got a good rising price lately
No, because too many the investors are feeling panic because the FUD by the shills. It make the investors are trying to move his amount and save his value into the altcoin which mean it makes a lot of the pump for the altcoin and there are a lot of the party in the altcoin.
7217  Economy / Speculation / Re: Time to buy back up! (again) on: March 19, 2017, 06:56:34 AM
Buy while you can guys as long as the price are now on the three digits now. It may be the last three digit price this year.
I don't think so, If the hardfork will be real in the future and we will see the another three decimal from the bitcoin itself. To many the shills attacking the bitcoin in this day and it will continue again.
I was expecting the bitcoin will drop again or it will be stable.
7218  Economy / Speculation / Re: Sell your bitcoins within a month or two on: March 19, 2017, 06:29:45 AM
good call OP

are you still thinking 600's?
i personally dont want it to go that down. but it will will go down to atleast 750 and can go to 600.
it will again increase a little bit but after weeks the proper fall u will observe
In fact, there are a lot of the potential for the bitcoin to get another big red candle again. The blocksize debate is become a crucial think for the bitcoin right now. It looks give a critical storm for the price of bitcoin. With a lot of the support but it's not enough to reduce the panic waves.
7219  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Bitcoin Unlimited: $BTU on: March 18, 2017, 05:44:42 AM
This is just the another shitcoin. I think this is not true until the official announcement by the bitcoinunlimited.
7220  Economy / Speculation / Re: Sell or wait? on: March 18, 2017, 05:13:21 AM
Bitcoin price dropping and climbing to highest level is not new at all. If it dropped to $1,000 then lets be happy because we can take advantage of the price and buy some coins. Last year price of BTC is only $807 compared to what we have today. If you bought coins last year waited and sell it today, you made 32% profit, better than what traditional Banks are offering. Patience is virtue.
People are constantly shouting that they want the price to drop so they can start buying, but when the price is in fact dropping, they lose all confidence and think it will drop deeper, with the result that they still aren't buying.

You are right I also see people even saying that when the price reached to 41 then they will buy as much as possible but it is sure that even with smaller drop they lose their confident and do not dare to buy.

By the way I like the price rising higher as we can buy at any time and the next hour we see the price increased and we get the profit.


Simple think it is not the time to sell as the price is much high we have to wait for some more time then we have to sell. Even the price goes down not a problem we can buy the coins for the future investment.
I think so, looks like the price will recover again. but it's just for a little bit.  And just waiting for the correct time to sell our bitcoin right now. There will potential for the bitcoin to gets the another bottom.
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