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July 08, 2024, 02:53:25 AM *
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7221  Bitcoin / Bitcoin Discussion / Re: what would happen if one day the hash rate is so high no miner is profitable ? on: August 08, 2017, 10:22:11 AM
If the hashrate will be so high and there is no miner that will make profit in mining then it will become the end for bitcoin because there is no sense to run those miners if they can't earn money with bitcoin so i think bitcoin will just die and a lot of people will become sad on that day but we need to accept that everything has an end.
7222  Economy / Speculation / Re: BITCOIN DOWN OR HIGH ????? on: August 08, 2017, 10:01:29 AM
Good morning, I was thinking of asking a little question, I'm new to all of this BITCOIN and I wanted to ask if any of you can answer a question? I missed the opportunity to buy BITCOIN on lower price , does anyone know if it's going to go down or is going much higher?             Thank you !
Set a goal and buy bitcoin for long term, the price right now is not a big deal after 5 years because the price in that 5 years after the year now will be a very expensive price and we can earn a lot of money in that time if we will buy bitcoin right now. If you lose the opportunity to buy bitcoin at a lower price then there is nothing to worry about because the best thing to do if you will buy now is to keep it for long term.
7223  Bitcoin / Bitcoin Discussion / Re: Why people are holding Bitcoin? on: August 08, 2017, 09:26:04 AM
Bitcoin prices are always up and down. We can not easily predict.
Bitcoins are a valuable asset for the future so that's why I keep bitcoins when the price goes down.

If i were you, i will be smart in managing my bitcoins because if i will just be idle and just keep my bitcoin and if i will not play my bitcoins in the market then the chance of getting rich fast is low, if you will play it like buying it cheap and selling it for an expensive price is a smart or wise decision because you can easily make money and you can buy more amount of bitcoin if its value goes down again.
7224  Bitcoin / Bitcoin Discussion / Re: Scammers have stolen my money on: August 08, 2017, 08:53:35 AM
It is already a basic thing to make sure before you trust someone. You should do checking if the details that he give to you is legit or if the company that he is proposing to you is a good one because in this kind of scenario where bitcoin price is already high, the criminals and scammers are everywhere because they see easy money here.
7225  Economy / Speculation / Re: Bitcoin just going to $100,000 now? on: August 08, 2017, 08:15:48 AM
The price of 100,000 USD is seems a bit too over priced for bitcoin and maybe yes that we can reach to that price but it is not that easy and fast to reach to that price. I think a lot of years or even decades will pass before we able to see that 100,000 USD price for 1 bitcoin and it is not that worth it to wait for a long time.
7226  Bitcoin / Bitcoin Discussion / Re: regret by not believing in BITCOIN? on: August 08, 2017, 08:01:13 AM
I do remember someone spam my email talking about bitcoin, but the thing is it sounded as another ponzi then something real, i just deleted those anyway, if i regret well yes and no, because no one could predict bitcoin future, even if i had read and make some tests i could had collected some free coins as well done some deal with it, anyway im here and i wont loose any more opportunities over bitcoin.
Based on the generation today, it is hard to believe on the things that just came random to us like the spam email about bitcoin, if i were you i will not believe also because it is like a scam online multi-level marketing but the wrong move that you have done right there is, you did not verify or find some confirmation about bitcoin to clarify if it is a real scam,ponzi or a legit opportunity.
7227  Bitcoin / Bitcoin Discussion / Re: What people are saying about the surge in bitcoin price on: August 08, 2017, 07:24:10 AM
Most of the people here just think that the price surge in bitcoin is just a hype but they didn't know the segwit activation is very soon to activate and it can boost the price more than now and it will become the hype for the price of bitcoin to just continue goes up and i believe that we can easily see a great stable price at 3,500 USD.
7228  Economy / Speculation / Re: Will Bitcoin die soon? on: August 08, 2017, 07:01:09 AM
Let's see how much the transaction fees and confirmation speed drop after the segwit activation that should happen today
The fees will become lower because of the increase on the block size of bitcoin and also the transaction or confirmation speed will become faster because the blocks will be upgraded to a 2mb size and that is a huge jump up from the current 1mb block size of bitcoin and we already see the price of litecoin when the segwit gets activated, it goes up very fast.
7229  Bitcoin / Bitcoin Discussion / Re: Japan has the highest bitcoin trade volume passing usd and yuan on: August 08, 2017, 06:43:24 AM
It looks that the country of Japan is taking a serious steps toward bitcoin and it reflected in the volume of trades in bitcoin and i think that it will have a bigger volume in the future because we all know that Japan is one of the newest country that made bitcoin as a fully legal currency in their country and that is the advantage of the pioneers because they can really enjoy the benefits of bitcoin like huge increase on their investment for the recent price pumps.
7230  Bitcoin / Bitcoin Discussion / Re: Hardfork, the best thing that happened to Bitcoin since scaling debate started on: August 08, 2017, 06:26:33 AM
The only thing that i like for the fork for bitcoin is the increase on the block size and i don't care for the new bitcoin because i always believe in the original bitcoin that it will continue to prosper even there will be a lot of problems that we will face in the future. The increase on block size is the best as of now because it will make more room for transaction and it means a faster network for bitcoin.
7231  Bitcoin / Bitcoin Discussion / Re: So Bitcoin is better than Gold? on: August 08, 2017, 06:09:28 AM
It depends on your perspective. In terms of income potential, I think Bitcoin is much better than Gold because it has higher income potential. In terms of security, Gold is better than Bitcoin because it is more secure and widely accepted nationwide. But whichever you choose, they are both good investments for me.
Why not do both? You are right that it depends on our perspective, bitcoin and gold has its own disadvantages and also advantages but the best thing to do is to diversify your money and spread it to the good investment option so you can avoid experiencing a huge loss and you are tend to earn more money rather than to lose it.
7232  Economy / Speculation / Re: Is it too late to buy bitcoin? on: August 07, 2017, 02:51:00 PM
still not late bitcoin is rising and will rise more better to wait 1 month
I also believe that it is still not too late to buy bitcoin because we can see a huge price for bitcoin after a few years because it is starting to get recognize by the world because of its high value and also a lot of people are going crazy because of it. Bitcoin will become a sensation in the future that will give huge benefits to its investors who invested a few years ago or even just now.
7233  Bitcoin / Bitcoin Discussion / Re: How much risk in bitcoin investement ? on: August 07, 2017, 02:34:51 PM
I just wanted to know that,what amount of risk is there in investing in bitcoins.
Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit.But i want to know what is the risk involved.Can bitcoin price decrease and is this right time to buy the bitcoin.

bitcoin investment is also called a gambling because of its price is volatile. This kind of investment is so risky but if you are in the right timing in investing in btc. If you still want to invest here you should not be a panic person. You just need to be calm always for not losing so much of your investment if it dump.
Bitcoin investment will not become a gambling if you know when to buy and sell because that is the best thing you should master so you are able to buy bitcoin and sell it for a fair price and get some profits. Investing in bitcoin is not that high risk because you just need to based on news and a little bit of chart then it should be enough for you to come out with a solid strategy for your investment.
7234  Other / Off-topic / Re: What's your way of spreading Bitcoin knowledge? on: August 07, 2017, 02:17:25 PM
Personally, if I'm in a coffee shop or any store with some people, I pull out my wallet and subtly show them my Xapo debit card. Then they get curious on what kind of card is that since it doesnt look like the usual Mastercard or creditcard. Then I explain it from there on.

What's your way of spreading Bitcoin knowledge? Smiley
I usually  start my trading and posting when i am free with some people around. They see some exciting thing so they usually ask for me about it and then i start giving them some knowledge. I also try to spread as much as possible knowledge via blog. It is good for the future of bitcoin.
Can you share your blog link to us? So we can read your great writings about your knowledge in bitcoin and also for the other things that you are willing to share. I'm a bitcoin user and i also love to read some blogs or articles or any interesting topic online, so if you do not mind, just reply with your link so we can have more knowledge.
7235  Bitcoin / Bitcoin Discussion / Re: Bitcoin remains strong despite the fork. on: August 07, 2017, 01:15:43 PM
This is happening right now, bitcoin is still strong even there is a fork that happened a few days ago and it doesn't show any weaknesses for bitcoin to make its price drop and we can see that the price is now going up and that is the real proof that bitcoin remains the unstoppable coin in the market despite the fork.
7236  Bitcoin / Bitcoin Discussion / Re: How many people are asking you about Bitcoin now? on: August 07, 2017, 12:59:01 PM
I know bitcoin about 8 months, and until now about 4 friends are asking about bitcoin, and they asked via social media (facebook and twitter), but I gladly answered their question.
I know bitcoin for almost 2 months yet. I've learned this from a friend because I'm searching for any online job that I could earn from. Since then, there are only 2 persons who asked me about bitcoin, my husband and another friend who also wants to earn online. Since internet is very accessible now, more and more people will know about bitcoin. But really, it's not that easy to explain because even me, I still have lots of things to learn.
Just keep on studying about bitcoin so you can expand your knowledge easily because as you said, the internet is very accessible right now and it means that it is easy to get different information about bitcoin so the learning process will become faster and those people who asked you should be focusing in the internet because they can find almost all the answer.
7237  Bitcoin / Bitcoin Discussion / Re: The reason that keeps me from investing in bitcoin on: August 07, 2017, 11:38:26 AM
Hello everybody.

I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?

The only thing I see : big amount transaction

But bitcoin won't be the money you use to buy your sandwich with those fees!

I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?

Will segwit may lower the fees?

Thank you Smiley

 
You should practice using fiat when only buying a small amount of goods and use only bitcoin when it's a little expensive or much more than that. There's always a way if you think about it.
As long as possible just use fiat to buy things that you don't really need and store those bitcoins in a cold storage for long term purposes so you can have a great future because if you will save a lot of bitcoin now and just sell it after a few decades then you can easily buy a lambo without noticing that price tag because you already got a lot of money from bitcoin savings.
7238  Bitcoin / Bitcoin Discussion / Re: 8th August on: August 07, 2017, 10:01:22 AM
There is no exact date for the pump in the price of bitcoin because it will pump if there will be a huge demand in the market and it doesn't have exact date to pump. The only thing that we know about bitcoin is, it will pump in the future and we should be ready for that event by having a lot of bitcoins that are saved up.
7239  Economy / Speculation / Re: Will Bitcoin die soon? on: August 07, 2017, 09:42:42 AM
I don't think that bitcoin will die soon, as we can see bitcoin is now rising and it has a good value as of today. Bitcoin will not going to die as long as many people uses it.
Exactly. As long as there is a lot of people who will use and support bitcoin then there is nothing to worry about because bitcoin is not that independent to stay in the market because it needs support from the people and also from the miners who will support the foundation of network and as long as there is support and people then the death of bitcoin is impossible.
7240  Bitcoin / Bitcoin Discussion / Re: bitcoin cannot replace currency in the world because price is not stable on: August 07, 2017, 09:23:19 AM
bitcoin cannot replace currency in the world because price is not stable.

currency should be more stable.

you may reply me. currency is not stable also but you should think 

USD currency price is up and down 1-2% in 1 month.

bitcoin price is up and down 20% in 1 month.

what will people think if they just change USD to bitcoin then their money down 10% in 10 minutes?

bitcoin can become stock but cannot become currency

Yes, It is true for now bitcoin is not that stable compare to the dollar. Though at the present time now bitcoin is well known in different countries whether Asian country, US, Canada, and others. Bitcoin is already a currency even it is not a physical touch but can be converted into a real currency so how come that bitcoin is not a currency. Are you kidding me mate Wink
I agree with you, bitcoin is already a currency because we can use it in some websites to buy or use it as a money to buy things that we want and also to pay our bills and worry for the effort and hassle that we might experience when using fiat to pay bills. Bitcoin is like a lazy man's currency but it is great for the possible future system of our world in money.
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