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741  Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy on: August 04, 2015, 04:26:36 AM
Yeah I wait it too.
But I think if 100$/BTC the price is only getting down, not getting higher Cry

I bet that the price of bitcoin will don't go never at that price. 100 us dollar is to low and if the price was not at that amount when began the lowering about one year ago will not go on. Bitcoin are going to be stabilized in the range 250-300 us dollar one and the probability are that will be increased slowly but surely. We are hoping that bitcoin are going to stabilized and matured as a currency.
Its the 100s we will never see again, but I don't think we are done in the 300s just yet, most likely some bad news will come within next few weeks regarding regulations or maybe the ETF fails, you just never know whats gonna happen but longterm I can only see it going up up up!

Yes, the 100$ range will never hit again, fortunately but I do have my doubts about the 200$ mark. I have a feeling that btc will go really low after a couple months and cause people to panic while others jump on their final train. And after that if things go down as we intend them to be, then I think with more acceptance and support, the btc community can really expand and hit 300$ + mark permanently.
742  Economy / Economics / Re: First Greece...who next? on: August 04, 2015, 04:23:09 AM
Portugal already tightened seat belts and this in the way of recovery even though slow, is able to get out of the hole. Spain, Italy, Argentina I believe will be the next to get lost in a deep internal crisis. While the corrupt politician does fortune of taxes paid by the people only the bottom will be the fate of the Country.

Spain has recovered very well and they are doing really good, I don't think that it will really affect them and even if it does, the impact will be 10x as what people have been assuming it to be. I don't have much knowledge about Argentina or Italy but just want to see it is not so easy for economy of a country to just collapse. Shit hit the fans for Greeks but they still got it together, and we are comparing it to A class countries.
743  Economy / Micro Earnings / Re: how much can you make weekly? on: August 04, 2015, 04:20:50 AM
my friend told me that in bit x signature campaign theres no limit in posting and he earned almost 1 btc in just one week, just keeping on posting and replying in different threads, but if you think he is already spamming, just look at his last post.

Damn earnings! My highest known is 0.5btc a week. Would you mind share his account name here? PM me or you can post it here. I want to check his stats if its alright to you. I just wondered how he managed his time everyday while doing campaign post. Even at super high forum rank you need to focus on posting everyday just to reached that almost a btc a week earnings.

That's pretty insane. What amount of posts does he make in a week to cash out 0.5 btc? That feels like too much work, underpaid work probably. Thats like lower hour/$ rate than minimum wage jobs. If they paid higher it would be worth it at least as Sr, Hero and Legend, but these guys pay peanuts, you would need an insane amount of posting.

Its okay, most of the people who post too often and the content is relevant, its because they are passionate talking about bitcoin, living bitcoin life and being an active member in the bitcoin community. I think if somebody is getting paid while doing something they really enjoy, that is the exact work they should do because that is something they enjoy and also make good profit on the side.


When you do what you love, don't get tired and makes you feel attracted and feel pleasure, in the case of the bitcoin and easy to fall in love and do not want to separate, but never 1 btc a week seems like a huge amount, and requires some dedication and a knowledge of everything that happens on the coin.

I am really skeptical about earning 1 bitcoin from 1 account itself, it seems a little hard for me to believe. Anyway, I don't think 1 btc might be sufficient, I think he's dong much more in order to earn money except just sig campaigns, he totally has the potential and seems to posess skills, maybe people are doing btc jobs or jobs regarding technical information.
744  Economy / Economics / Re: Deutsche Bank Says Good Things about Bitcoin on: August 04, 2015, 04:18:29 AM
This is good news, but I think lately we've been seeing a trend in positive news for distributed and decentralized public ledgers, as well as blockchain technology for fintech. Not so much Bitcoin itself. It seems like Bitcoin has served its perhaps original intent, to provide a social study on what if the financial system could be built in a different way with respect to the emergence of a connected world.



The only way I can see that happening is government's making their own currency digital and making that cryptocurrency compulsory for all the citizens to trade with, and ban all other currencies. Ofcourse, that would be really terrible and a tough fight to get into, but do you think the govt is going to let go of their establishments so easily? They call it digital trash and then make their own, there are already reports that a few countries are developing their own crypto.
745  Economy / Speculation / Re: BITCOIN going up or down on: August 04, 2015, 04:12:27 AM
Now, bitcoin is going down I think
I hope the rate will be up again as soon as posible

Due to the volatility of bitcoin, its very common for bitcoin to go down a little. I think for people who are waiting for the price of btc to increase to sell, halving time might benefit them. Even assuming that halving has no real significant increase in price, people who will be expecting it will buy  in a lot and create a bubble. And if a bubble takes place, it bursts and the price comes down again so know the market and play smart.
746  Economy / Economics / Re: Bitcoin vs Litecoin : I sold LTC for BTC . May I wrong ? on: August 03, 2015, 09:02:11 AM
Of my crypto investments most are in bitcoin and I'm confident that the value will grow over time, but I do have a small stash of litecoin.  My reason for keeping it is that the litecoin core developers seem to work well together, whereas there's been some infighting with bitcoin's core team.  The discord makes me just nervous enough to want a backup plan in case they cut off their nose to spite their face.

In terms of utility LTC is nowhere. That means there are no outside elements putting pressure on developers. It's just miners, traders and holders all holding hands and skipping along, and while things stay the way they are there's really no need for any more development which is what Mr Lee has said outright.

Bitcoin in comparison is heaving with conflicts of interest, turf wars, overbearing outside investment and multiple future possibilities and use scenarios. That's what introduction to the real world brings and LTC would be an identical position if it were there too.   

The reason behind the acceptance of bitcoin over other crypto and its success is that it was the first crypto to happen, I realized that I did read about it in newspaper but never really studied much about it, only to be very involved with btc after 2-3 years. The reason why BTC will always be superior to other crypto is not only its technical benefits but the already wide belief and acceptance.

Some people might call bitcoin, the dollar of the crypto currencies. Yes, bitcoin is the best based on its technical capabilities, it has been performing well and as halving comes near, it has peaked interest of everybody in the btc community. It is receiving good social attention too, the Deutsche bank recently had positive things to say about bitcoin. Their are many reasons why btc is the best crypto, just hoping it evolves into the best currency too.
747  Economy / Speculation / Re: Athens stock market set to open Monday. on: August 03, 2015, 08:59:22 AM
If the people start realizing the true power and potential of bitcoin there, it might be an excellent time for them to be involved in bitcoins. Apart from that, glad to know the re-opening of the stock market in Athens. A lot of people will be trying their luck this time hoping to change how things work out for them usually, and I hope the economy recovers soon and overcomes problems swiftly.
748  Economy / Economics / Re: Dodging taxes helps pump bitcoin price? on: August 03, 2015, 08:52:47 AM
how to dodging the taxes?
because i think the tax is very horrible  Tongue

Imagine if there were no taxes paid, how do you think would there be an institituion which takes care of the defense system, build roads for you, clear land for you, schools, hospitals, museums, police, fire department, etc? Everybody keeps thinking of dodging taxes because everybody wants to run away from their responsibilities especially financial ones, but as a citizen in a society, its ones' duty to pay taxes.
749  Economy / Economics / Re: Bitcoin or gold? on: August 03, 2015, 08:48:47 AM
if you have to choose between 1000 kg of gold and 1000 BTC?Huh??

I would STILL prefer to get my assets diversified, making good benefit of the current price of gold and spending that Gold slowly and easily, I think even 500kg of gold would be enough for a super luxurious 30years of life. Bitcoins will be booming after the next 7 years heavily, so 500 btc will also make me a significantly super rich man. Warren Buffett, I am coming for you. The first thing I'd do is buy coca cola and destroy that unhealthy cold drink brand. I'd keep the rest of the company Wink
750  Economy / Economics / Re: How too get rich on: August 03, 2015, 08:43:07 AM
Its not about marrying a rich girl, man. I don't want to be that kind of a man who will marry somebody just for their money. And I don't think I will ever take somebody else's money except somebody who is an investor in my business, and my investor cannot be somebody who sleeps on the bed next to me, I don't really want to be that kind of person. Its not about being rich, its about living rich Smiley
There are many person who want to get rich in shortest way, yeah marrying rich girl is one of the best way actually, even marrying rich old woman. And its safer way than robbing bank imo. Lazy people will do anything to get wealth in easier way.

but then how will I listen to Rae Sremmund and sing along 'I earn my own money, I spend it how I like'. I don't want to sing 'I don't earn my own money but I do spend it with my old bitch who looks like my grandma but I have to sleep with her everyday  and suffocate myself between those saggy tits'. Um, I gotta invest into some btc. halving must help xD

That was really sad to hear, especially to know that you listen to Rae Sremmund's songs. He sounds like a screaming goat. And regarding halving, yes it might triple btc or rather cause a big btc bubble and you know what happens when their is a huge bubble, sometime soon it pops and then people start panicking like crazy. Won't be surprised to find threads saying btc is dead, future is dead, etc posts. I'm all prepped for it.
751  Economy / Economics / Re: Taxing is legalized robbery on: August 03, 2015, 08:40:57 AM
I hate taxes But I like schools, roads, police officers, hospitals, paramedics, soldiers, clean water, the post office, public parks, universities, museums, science, tunnels, bridges, etc.  So I pay them anyway.

That's a very nice answer. There are people always complaining where there money goes and if that authority to information is given to them, they would force their way into redirecting their funds to a different task like building a highway rather than providing financial aid to the poor or for food for the military. We get back a lot from the taxes we provide, gratitude must be paid.

Its not really about gratitude. People feel cheated sometimes because so much money is accounted as taxes, and so many people have to pay it. Considering their is shit load of money with the government and watching the govt do nothing with it and then state that it has been used already and pretend work has started has annoyed and pissed off people. Its an issue on a macro level.
752  Economy / Economics / Re: Why not just print dollars? on: August 03, 2015, 08:38:14 AM
A government can't print its own currency, a central bank prints currency.. The central bank only gives you that currency when you give something to back them, countries like US have printed the money through central bank and now the debt itself is so much, I don't know how things are planned to go down for US, but speaking hypothetically, in future what if US refuses to return the money and goes on war instead? People assume they stand capable, they have strong allies and enough resources.
753  Economy / Economics / Re: Loans in BTC on: August 03, 2015, 08:35:57 AM
I don't think going through the economic hassle of borrowing money is worth it, especially if I need to cash it in dollars before spending it. If I need to buy btc for investing it online or trading it when in need, yes I might consider that, hell I would even recommend that to others but I don't think I would ever borrow btc which I need to pay back as btc because its volatile and also, complicated for borrowing.
754  Economy / Economics / Re: Best way to turn 2BTC into 4BTC on: August 03, 2015, 08:32:47 AM
Gambling is not the right way to earn money but the best way to loose money  Grin ! You will never earn until and unless you are the house! You''ll turn that 2 BTC into 0 instead of 4!  Lips sealed Believe me  Roll Eyes

How are you so sure about his failure when the sport you are talking about is based on probability? I think the game is biased, and I don't see any issues with gambling except simple social factors like wasting your life and gambling everything, betting everything in hand. Gambling with discipline is a smart choice, a choice fabricated for the luxury of the rich.

I saw many bitcoin gambling sites bite the dust and is way too risky, unless you have a really good roulette system, the rest is really pot luck. I would prefer to take some calculated risk in a few good altcoins. I will take a look at bitshares as well as someone here mentioned it.

I don't gamble online, I like to wear my tie and pay a visit to the casino every 3 weeks, and I think it is a very healthy and mind refreshing game, especially when something valuable is on the line- money. Altcoins are scrap to me, I don't find anything creative there which grabs my interest and I am already dealing with shares, its fun when you have nice vision.

I used to be very cynical about gambling too, but recently I read so many success stories of people who gamble. It was really fun to read and that night, feeling a little too adventurous, I tried my luck and won big. I cashed in when I knew I should and bought btc with half of my winnings, so yes I am prepared for everything. I am waiting for halving and then I will visit the casino again Wink
755  Economy / Economics / Re: Deutsche Bank Says Good Things about Bitcoin on: August 03, 2015, 08:29:06 AM
That has cleverly resulted in positive publicity of bitcoin. When I come across articles and news posts stating scams, hacks and negative reviews of banks/respected officials in the society, it boils my blood because half the time they don't even know what they are talking about. Some see bitcoin as a way to change the world with electronic money, some people look at bitcoin like digital scrap and won't exist when your power off pc.

Yeah man I agree to that, even I lose my cool when I see people talk shit about bitcoin especially when they don't know shit they are talking about. The complaints they have regarding bitcoins are sometimes the features bitcoin provide. The most stupid argument I read today was somebody saying they would choose gold over bitcoin because if there is no power, how will they use bitcoin  Tongue Tongue
756  Economy / Economics / Re: Ridiculous Banking Fee's on: August 03, 2015, 08:27:18 AM
Citizen goes to his bank, deposits his money. Let's say 1000$, now govt looks at his transaction history and then decide how much of his money can be used to given as loans. The 200$ is saved at bank while the 800$ is used as a loan. The money banks make by giving loans credits maximum profit for them. Then transaction charges and all those office work they do, and they put service charge, that shit too accounts millions of money to them monthly for the billion bank users worldwide.
757  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: August 01, 2015, 09:24:47 AM
well some already own a good money but they doesnt consider milionaires ,but has enought to live,bitcoin is getting mature on the next years and we all believe it can go up and get more and more supporters,becoming the first currency in world accepted everywhere without conversion.Some people just made those decision left their job and dedicated their time into their projects.

People who invest in miners are usually the rich people. I'm talking about farm mining/mass mining. I saw this documentary on youtube about a bitcoin mining farm and they generate like 100 bitcoins daily. Imagine that amount in 1 week, 1 month, 1 year.

Damn, that's a shit load of bitcoins man. Even if production and salary payments take away 10-15 bitcoins, they are still left with so many bitcoins. Mining is only beneficial when you have the best gear, the most complete resources, capabilities, understanding and time. Once you do and you understand and know your way around, nobody can stop you from creating your own btc empire Wink
758  Economy / Economics / Re: Is it better to save money or invest it? on: August 01, 2015, 09:20:58 AM
Satoshi is a person who liked anonymity, that is the very reason he created a currency which allowed a transaction to take place anonymously.

Have you ever asked yourself that why you are repeating samething over and over like parrots? Thousands of bitcoin-lovers repeating the same thing and only a small number of them actually capable to think the meaning of the sentence they make.

Satoshi is a person who liked anonymity,

How do you know? Have you met him? where did you see he's saying that? Have you seen him? I can't really believe thousands of people saying the same s*** over and over again without thinking at all.

Man, this is a social project. A social engineering. A giant viral. I salute to the mind who brought this shit up.

Don't get me wrong i like bitcoin, i am just stating some facts. Just be careful. My last message about the topic.

I like to believe that Satoshi Nakamoto, ever revealed his identity then his life would be in danger. Most billionaires are not in danger of having their assets stolen from them, because those assets are in the stock market or in a bank. Satoshi is in danger as his assets are all 100% controlled by himself. Of course, they are probably also hidden in several bank's safety deposit box but still he could access them. Publicly associating himself with the "Satoshi Nakamoto" pseudonym would mean a tragic loss of security. I do think at some point he will go public about it, but what I am saying is that there is tremendous risk. Going public would mean giving up his privacy, a great deal of freedom and paying large amounts of money/time if he wanted to stay alive. Or it could just be a bunch of mathematics which made up the idea of Satoshi in order to protect their identity.
759  Economy / Economics / Re: How to save money. on: August 01, 2015, 09:16:33 AM
The only money I save is through buying Bitcoin I've personally never had so much money at any given time in my savings.

I think that has happened because you have not made any other external use of your btc by investing it into something, gambling, etc. You're a hodler and you will not let go until it is a very very big market. That is a good thing but I advise you to play a little with your bitcoins and maybe invest them into something you think has a future, or better yet gamble with the coins you think you can afford to lose. Sometimes you will comeback with lot more you think you were ready to let go.

Suggesting someone to gamble with their money / BTC in order to save money is the worst and funniest thing I've read this week.. Overal, you loose money with gambling. Yes, there's a chance that you win money, but - in the end - there is always a bigger chance that you loose money (as the casino / dice website etc has an house edge in order to be profitable).

Investing might be a good advise - as long as you invest well and in the right project. That's very hard too..

I had the same ideology till a week ago, I was really tired of how things were working out for me and decided to gamble with 0.5 btc. I guess I was either really good at online casino or I was really lucky but I did make 6x of what I started with. I think gambling is fun when you have money to gamble. It is all about discipline too, you should know when to stop. I see a lot of negativity about gambling because a lot of people end up losing, its okay, to each his own Smiley
760  Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy on: August 01, 2015, 09:08:00 AM
Yeah I wait it too.
But I think if 100$/BTC the price is only getting down, not getting higher Cry

yes, very few people will have interest to invest in bitcoin anymore, I don't think the bitcoin users can handle another crash. So many people who bought at 1000$ will be heartbroken to see their investment value at 10 percent now. I think if hits so low, there will be no point investing in it, I would definitely get out of the bitcoin world if such a situation takes place.
Has many investors who have invested their savings in bitcoins in 1000 and 600 dollars, its mostly just waiting for your recovery to get out, I don't believe that if you reach 100 bitcoins dollars the desvalorizaçao do any of these investors out, on the contrary will buy more bitcoins and will leverage a good return.

I don't think so that would be the scenario. You believe that a lot of people will invest in btc once it is only 10$ but you are disregarding the fact that if there is a time if bitcoin does hit 100$, it will prove that bitcoin will be too volatile and not reliable at all as a currency. Also, people will start losing faith much more rapidly than they usually do. Thankfully, according to the current calculations, bitcoin is expected to not hit anything below 200$ again.
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