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741  Other / Off-topic / Re: 2016, The Year of Bitcoin? on: June 16, 2016, 01:44:53 AM
Have to mention, that BTC already was as twice more valuable as now. Price shouldn't be considered as main success indicator.


yeah... this is the power of halving year  Cool
Im sure bitcoin can reach $1000 and the party will be started.

$1000 is not difficult to achieve now, price has already crossed $700 so we can surely expect the price of $1000 at the time of halving or even before that.

Already 730 in Bitstamp, Bitfinex hit 736.. only hours ago a correction to 625 happened. People that sold are now missing on great gains unless they bought back. We will be $1000+ in a matter of days now.

Yeah and I am eagerly waiting to see that price as I have waited really long to see this price and will surely sell some of my coins when we reach  there.
742  Economy / Speculation / Re: is it time to sell? on: June 15, 2016, 06:44:14 PM
I know that everyone wants to sell their coin as fast as possible but it would be better for you if you are waiting a longer time so you can spend later more money on it. And that will be also nice because the value will be maybe also more worth and that can be perfect.

If you are making profits now then its better to sell your coins rather then waiting for future as you never know whether price will increase or decrease in coming months.
743  Economy / Speculation / Re: should i go 50/50 with gold and bitcoin? on: June 15, 2016, 06:42:46 PM
I guess it was not bad. You just need to be sure of what you want, maybe gold is a very good investment in the long term, whereas with bitcoin, you can benefit in a short time, but I guess it is a good plan

Its always good to invest in both of them as both are really good as an investment, one can take care of us in long term and other in short term which is best for any investor.

Diversifying your investment is the best thing you can do.
And to me Gold seems the next best thing after bitcoin.

In a way it is the same (mining) but also the exact opposite.
While bitcoin is very volatile and can be considered very risk. Gold seems to be a less risky asset and it has been there for ages. While bitcoin is very very new..

Both products have their own advantages and disadvantages and if you can afford to invest in both of them then that would be the best for you as any one of them will perform better in future.
744  Economy / Speculation / Re: how much gonna be 1 BTC in a year? on: June 15, 2016, 06:40:42 PM
In this year,it is difficult to predict it, because in this year, halving is coming so bitcoin already achieve a high place, so no one can predict the perfectly, may be the next year it is easy to tell the future price of the bitcoins.
Also when halving will be finished so suddenly bitcoin will come down, and than in the end of the year, bitcoin price will come up again, but now it is a good time for the price of bitcoin so get the profit as you can.

I think we should not think of next year right now, and we should keep on playing with in short term and try to collect as much profits as possible as price is really good now.
745  Economy / Economics / Re: The future of the paper money on: June 15, 2016, 06:39:03 PM
The future of the paper money is not good at all because of the fact that digital currency are upcoming and the normal currency's will also be digital.
Due to this the paper money will disappear soon or later.

I agree with you at some point that everything is getting digital now, but the fact is what about those uneducated and illiterate people, do you expect them to use bitcoin? I don't think so.
746  Economy / Economics / Re: Bitcoin or gold? on: June 15, 2016, 06:37:15 PM
I love bitcoin and gold, they are both good investments, the only downside is that the bitcoin is unpredictable but profitable on both term and the gold is secure but it takes a long time to make profit mostly.

Yeah that's true so if you don't want to take any risk with your investments then you should invest in gold and if you love to take risks then bitcoin is too good.
747  Economy / Economics / Re: Is it better to save money or invest it? on: June 15, 2016, 06:35:58 PM
Investing is good right now but I think the price is also high right now so I maybe would wait till it lowers a bit again.
No , its better not to invest now. Many investing sites are closing because of bitcoin halving, They are aware of that. Unless you want to get scammed

Bitcoin is not the only investment there is in the world. If you are afraid to invest on bitcoin because of halving, then invest on other things like stocks or gold or mutual funds. Investing is still far.better than just saving your money. So, as early as possible start investing and watch your money grow.

Since we are in bitcoin forum then I assume each one of us is fond of bitcoin and think that bitcoin is the most potential investment in the future so discussion of bitcoin is pretty much normal here and meant no harm if he was discussing it rather than the other type of investment
There are many other good investments like gold or real estate but the fact is halving is round the corner so at this stage investing in bitcoin is the best option to earn quick profits.

You are wrong on this, you will get much more quick and steady profit with gold or other investment instead of bitcoin if you do the math carefully. Bitcoin is a volatile investment which means that there is no guarantee the value will drop by half in a week however with gold it is ensured that it wont

Gold is really good but the only issue is that we need to wait really long to earn profits from it, but if you are a safe player then gold is the best option for you.
748  Economy / Economics / Re: When do you buy Bitcoin ? on: June 15, 2016, 06:34:21 PM
It's because i want invest on bitcoin and by looking the price of bitcoins now, it's really good to invest, because the halving is close now so i buy many bitcoins.
I think for me its not the best time to invest bitcoin right now because the price is high and some people are complaining that bitcoin will be die.. but for me bitcoin will never die because many stores are accepting bitcoin..

Bitcoin will not die so soon but I agree with you that current price is really high for making an investment its better to wait for price drop or else hold the coins that you have for halving.
749  Bitcoin / Bitcoin Discussion / Re: Bitcoin Halving on: June 15, 2016, 06:32:18 PM
Well, but in this case, demand is driven by fantasy caused by the halving. There is actually no explainable reason why the price is rising that much except the expectation for a higher price through the halving.

Simple supply and demand, bitcoin mewn.

A lot of people are speculating it's related to the Chinese economy and the currently weaking Yuan so that's a possibility. People cashing out of Yuan into BTC creates more demand.
I just waiting for the BTC value reaches to the top. I hope this halving will treat us the best one. So awaiting to buy many things as base with my BTC balance. Expecting as what others think. However its started to increase.

Now we are very close to see the best price of bitcoin as halving is very near now which will take bitcoin to a higher level so just hold your coins till that time.
750  Other / Off-topic / Re: use Bitcoin in daily life? on: June 15, 2016, 06:30:27 PM
I do not use the bitcoin in my daily life just because of the fact that I can not spend it in any store.
In my area no one is accepting bitcoins.

We all are facing the same issue at a moment, we don't find any offline store where we can spend our coins, but its good as it allows us to save our coins for the future.
751  Bitcoin / Bitcoin Discussion / Re: How much bitcoins in total you lost ? on: June 15, 2016, 06:28:47 PM
I have lost 1 btc in gambling and that also in a single game, and after that loss I went crazy and was speechless so after that I have stopped gambling.
752  Bitcoin / Bitcoin Discussion / Re: What do you call someone with 1000BTC? on: June 15, 2016, 06:27:09 PM
Mega Whale
As common thought come to my mind is  bitcoin billionaire. It doesn't matter how much bitcoin he owns . The value might go down. So he can be a sometimes billionaire. The 1000BTC is big one anyhow.

Yeah that's true bitcoin billionaire is a right word to describe him as it is too huge amount to hold, I doubt if someone holds that value or not.
753  Bitcoin / Bitcoin Discussion / Re: "If" Bitcoin as scam on: June 15, 2016, 06:20:30 PM
If bitcoin was or will be a scam.Then i can provably say that it would be the biggest scam of century.Since bitcoins now have market value.of $11Billion.Thats huge

That's true but we all know that bitcoin is not a scam, its a genuine way to earn money and make some investment into it and if it would be scam it would not have survived this long.
754  Economy / Gambling / Re: i win 1btc today!!! on: June 14, 2016, 09:26:09 AM
Congratulations mate, you really grabbed it at a right time, as halving is near so I would suggest you not to gamble any more just hold it and sell at the time of halving.
755  Economy / Gambling discussion / Re: Why is gambling so addicting? on: June 14, 2016, 09:23:07 AM
Gambling is addicitive , because it's generate a most harmful thing in our mind which is " greed ". And it force us to play if you have money in your pocket or btc wallet. If you win, your greed wants you to play more and make some more profit.  If you loose, your greed makes you still continue to recover the old lose .

Yup this is 100% percent receivable message in gambling. Yes this Greed is very dangerous and it will be there with everyone i think don't know some people may control this but those who have greed they really not easy to make profit in gambling most of time we loose our money is this correct?
Gambling is addicting because there are still a lot of people that thinks that they can earn a lot of money with it which that is actually not true.
They have to know that losing money is a higher chance that they can win and that is really bad.

Everyone wants to become Bill Gates overnight, and that is not possible in real life, if they win once they feel that they can win even more and at that stage it becomes addiction.
756  Economy / Speculation / Re: $250 here we come!!! on: June 14, 2016, 09:20:47 AM
The value of Bitcoin will not go to that low and that is because you have to know that there will be more people that is going to use it and the value is now rising slowly.
And that is really nice but of course it can takes a long time until it will reach a high value but we must have just the patience for it.

Yeah bitcoin will never fall that low now, its time to rise now and new users and investors will take price of bitcoin to a higher level in future.
757  Economy / Speculation / Re: Bitcoin just hit $465 on: June 14, 2016, 09:19:03 AM
We will hit $500 by end of next week...$1300 by halving....brexit vote on June 23...if Britain leaves the Euro...bitcoin will hit $2000-$3000 by end of 2016.
The only thing that makes a tiny bit sense is that you say that the price will increase to $500 at the end of next (now this) week. All other things are pure fantasy

I am of the opinion that most Bitcoin holders are indeed buying and promoting Bitcoin for financial gain. So the more the price rises, the better it is for the end user of the bitcoins to take the advantages.
You can already see that the value of Bitcoin is becoming more worth and that is perfect for the people who already have Bitcoin because they can earn profit soon.
And they just have now to sell it on the right moment so they can earn it and that should be perfect.

If you have bought bitcoin in the past when price was lower then I think this is the best time to sell your coins and grab huge profits as price is too good now.
758  Economy / Economics / Re: Tell me your predictions about Bitcoin on: June 14, 2016, 09:14:53 AM
My prediction about the bitcoin is that its gonna rise to a higher amount for sure this year, you can see this days its rising a lot and that is already saying enough in my eyes.
I think the bitcoin has a very good future a head.
I think half of prediksimu currently running. I also predict bitcoin prices will be higher. maybe this time the price has not stopped growing, I just predict bitcoin prices will be above $ 1,500
You never know what is going to happen with Bitcoin but it should be nice if we can earn some more money with Bitcoin and that is really bad.
But you have to know that Bitcoin is really hard to predict and that is the bad thing of the currency.

Bitcoin is unpredictable for sure but we need to keep on earning profits from it in short term as price fluctuations allows us to do that on regular basis and that is the best thing about it.
759  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: June 14, 2016, 09:04:52 AM
Investing around this time will be not the best thing that you can do and that is because the value of Bitcoin is now rising and that is really nice for people who wants make profit.
Because you have to know that the value of Bitcoin will rise for a long time because the halving is also coming.

If you want to invest in bitcoin then I think you should wait for the price drop as current price is too high to buy bitcoin but I don't think price will go down before the halving.
760  Other / Off-topic / Re: Do you actively spend your bitcoins? on: June 14, 2016, 09:02:23 AM
Spending will be bad now and that is because you have take a look at it, you can now see that the value of Bitcoin will be more worth so that is really nice.
And so it should be better if you are waiting a longer time and you can even sell it with a lot of profit later in the future.

I think we should not spend until the halving, as it is expected that price would be really higher at that time so in my opinion that would be the best time to spend bitcoins.
Definitely, that is a good idea, we should save and keep our bitcoins now as we have a good market movement with the price going up to the moon again. If you can at least control your self for a while you will rip a good profit in the near future, right after the halving.

True, present spike has given high hopes to the users of bitcoin, and now it will be really interesting to see what will be the price at the time of halving, so I am holding my coins.
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