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7721  Economy / Economics / Re: how many coke cans you can buy with one dollar in your country? on: April 22, 2016, 07:44:49 AM
In our country, you could buy a 1.75L Cola for roughly $1.20.
You can buy 2 350ml coke cans for $1 and 6-8 (depends on retailer) 200ml glass-bottled coke for $1. I have a deal provider to accept bitcoin through online and to deliver me coke at my door step. Smiley

In our country you can also buy 1 can per $ its veru expensive in here because of the vat of government implemented. I think if they take out the vat the price of it will decrease and be cheaper. And not the coke can but all the price of the goods and products. But corruption of government will not let it out because they can earn bt it.
7722  Economy / Economics / Re: How too get rich on: April 22, 2016, 07:39:55 AM
buy bitcoins and forget that you ever buy bitcoins and wait for a long time hope that you will get a good result. OR do trade in bitcoins as we normally do in stock market. when the price comes low buy it and sell it when its prices get high.
I am agree with second option not the first.. I believe on bitcoin and know that bitcoin price will go up. but buying bitcoin and freezing them in storage could not a good Idea. we should use them to grow them constantly.

Very nice idea but thats a risky one to invest and get rich as you can see the price of bitcoin is so high now. And we dont know what might happen to it in future and what if it goes down or be dead then you will lost money because on wrong time staking. But i think if if we want to get rich hardwork is a must and we need money work for us it makes us rich than we work for money. Do investment you can earn more by that, research your place so you may know what business is applicable in that area many people get rich in business but no one gets rich on working in company.
7723  Economy / Economics / Re: Best way to manage money? on: April 22, 2016, 07:35:14 AM
I think the best way to manage money is keep your money on bank account.
If you like to get passive income you can invest on bitcoin because it's a good investment right now.
But financial crisis proved that it is not the best way. For example in Cyprus many banks froze the invested money in them!

Yeah even banks cannot be tell to be safe in terms on saving money as past issue happens in phils there are some banks file bankcruptsy to their bank and the money of the people freeze and all of them takes many months to get back of their money others are get only half of their money saves. But all i can say its better to save it in high names and very strong bank because it has insurance and can get profit little annually. But to save money disciple yourself first and left your  bad habits on spending money.
7724  Economy / Economics / Re: Why do people keep saying BTC is dead?! on: April 22, 2016, 07:29:20 AM
It drops in price every time we hear about a big scam or some kind of fraud.
This drops are not something significant, and hardly can be connected only for Fud.
But in one coordinated attack damage can be made, but we have price fluctuation and without bad news or similar..
This is normal.


Indeed, this is normal and more currency's have this, not only the bitcoin has this and I must say it are not big numbers that are lowering.
So I think its not a big problem for the bitcoin, people are just hating on the bitcoin because its going so well..
There are a lot of people that is quite negative about Bitcoin and that is because the value isnt rising and the people wants to make some profit soon but that will not happen.
On the other side I understand them but they have to also know that we cant control it and that we just have to only wait until the value will be more.

And of course it can takes a long time but you have to should accept that.

Yes i think they said that because they see last months bitcoin is at its dumping stage maybe they are get alerted by it and say bitcoin is dead but now as you can see price is rising daily without hisetant i can feel the halving effect and it will rise more as the day passed. And i think other alts dev will envy to bitcoin and they want it to be dead to excell their coins in market
7725  Economy / Economics / Re: Minimum limit for buying BTC on: April 22, 2016, 07:25:30 AM
There is no limit for buying bitcoin.
It depens what you want to do with it. Do you use it for buying stuff, investment, or trading? So, buy bitcoin depens on your needs.
yeah I agree with you depending on your destination or purposes to buy bitcoin then?
when you buy bitcoin for the purpose of investment or trade. maybe I will buy at least 1 BTC
Agree with you, but the time now is the time of halving and double up of bitcoin value, so in that case we have to buy as much as we can, I think we have to convest all of our sphere money to bitcoin so that we double them up.

We are not quite sure what the effect of halving will be on the price of bitcoin. If ever it goes down, then it's like a window just opened for you to add more bitcoins.

I think theres a limitition when to buy bitcoin i think it is based on its supply but if you have lots of money and ready to gamble in btc well its best for now i can feel the halving effect the price is starting to rise daily now and as speculators say it will reach to 700$-1000$ and let see if it really happens. But for now search on program you want to invest to multiply more of your bitcoin.
7726  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: April 21, 2016, 10:27:46 AM
the thing is... Bitcoin is already a global currency. Aside from Bitcoin only gold can be compared to a global currency. Bitcoin is the perfect toll for international transactions
I think it is still very young to say that bitcoin is an international currency? bitcoin still under paypal and gold in the movement of the market each year. so bitcoin still need to progress more rapidly again to be a global currency.
global currency must necessarily be greater than the dollar right ?
No, bitcoin is not under paypal, but paypal is going to dump under the wave of bitcoin, every user of paypal who learn about the features of bitcoin immediately transfer to there.

Yeah, I also have noticed that, including me all my friends who are online earners are now on bitcoin, a time was there when all of us were fan of paypal, and we were only with paypal for most of our transactions but after adopting bitcoin we are going to forget paypal.

Guys bitcoin is not global currency, global currency is dollar today, dollar is trusted. Bitcoin can't beat dollar till it's crypto currency, need to become fiat first.

Yeah bitcoin will never ever replace dollar as global currency because bitcoin is relying to dollars And  many struggles and pumping to bitcoin before it happens but all i can say is bitcoin is global e currency used by people around the globe. Bitcoin needs to prove his strength first so that online stores will accept it. I think the reason why online shopping website dont accept it as proof of payment is because the price of it is not stable.
7727  Economy / Economics / Re: Are electric cars bad for the oil industry? on: April 21, 2016, 10:20:33 AM
Title.

So. Electric cars are gaining in popularity, therefore the popularity of gasoline will be going down. Won't the price go down, leaving the oil industry in trouble?
Yeah in the long run it is going to hurt the oil industry there is no doubt about that. But most people still own a car that runs on gasoline it is going to take a long time for everybody to switch over to electric cars.

Yes it takes long years to all people convert to electric cars and thats a very long years to run because people used to use gasoline cars but if that happen oil industry will be bankrupt and economy of thos oil driller will be devastated all though electric cars have good effects to our environment it can save us to disease low emmesion less polution to be make. But i dont think government will allow it becausenit can affect to global economy many people will lose their jobs.
7728  Economy / Economics / Re: What is your best investment strategy? on: April 21, 2016, 10:14:37 AM
You don't really expect people to tell you strategies that actually work, do you?
No that is a bit dumb to do but I do not really have a strategy. I just buy if I think that the price is good and if I have the money. And then I just wait for the price to climb. For me it is just a big waiting game.

Yeah but listening also to their saying is good idea  you can get info base on their experience that you can apply or avoid when doing serious investment. But for me i believe in my instict and i dont usually listen to those people who said they earn and they didnt give a proof that they earn actually And i think the very good investment strategy is reaserching on what you wish to join.
7729  Economy / Speculation / Re: bitcoin continuous rising? on: April 21, 2016, 10:09:56 AM
I am quite sure that we'll see a drop coming up before reaching $450 this or maybe next week.

My guess is that the price will drop back to $420 to $430 as there is nothing that is supporting the current price.
I think this is an unfair suggestion, the price is slowly varying day by day which shows there will be continuous rise in the price of bitcoin, users are waiting for a good price rise, it is expected to be $800 at the time of halving and even more after.

Me also i dont see any sign that bitcoin will drop its price before halving event will happen because i feel the halving for now the price keep rising daily and daily And it sure to rise big when halving occur as i read some of speculators article they said that it will pump up to high and price speculated is 700$ even more. And i can say let see what will be the future of bitcoin if the time comes.
7730  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: April 21, 2016, 10:01:57 AM
And I just read the thread about one man selling his house for bitcoins. I will never understand people.

Why not ? The price of bitcoin is really big, i think it's fine that man selling his house for bitcoins. It's still worth though. I think better invest on a house, it's more safe imo.

I think that guysnis crazy for selling his house for bitcoin, but we dont know what is his reason for selling his house for bitcoin maybe he see a good longterm and high earning program that can surely get back his investment money in short period of time. Butnif he sell his house he have funde for gambling nahh i will say your starting to kill your self for solding your very good investment. And maybe hes addict with bitcoin.
7731  Economy / Economics / Re: How much bitcoin did you earn per day and what kind of method did you use? on: April 21, 2016, 09:57:33 AM
my method is simply buying low and selling high alongside day trading if there is enough volume and volatility. on these days i can make around 0.10btc per day. but as i said, only on days with enough volume and volatility.

What a huge earnings per day for you bro do you have a group of pumper? For me my earnings in trading is not so big because i cant predict i can earn everyday because im depending on price  ups and downs but i earn passively here in furom. And i cant say my total earnings daily and hoping to gain more money daily.
7732  Economy / Economics / Re: When do you buy Bitcoin ? on: April 21, 2016, 09:54:49 AM
Just wondering when everyone buys bitcoin, weekly, monthly or just on the falls?  thinking of setting up something regular to ride out the waves.....  Grin
It depens on what the price is at the moment. If I got money and I find the price not to expensive I think about buying. I do not just buy at random moments but you have to decide quick because you will never know what is going to happen with the price.


This time is better to just buy some bitcoins that the price is still cheap. Who know what will happen after the halving. People say that it will rise so just better have at leas 1 bitcoin to save it.

Yes this time is very good time to buy morr bitcoin if tou have budget and can wait for price increase because inread from speculators thoughs that halving might happen 3 months from and and surely many people stocking some bitcoin on their own wallet and hoping they can earn big money with bitcoin. And hope to pump in the highest price on history of bitcoin and let see what will happen to it in future. It is ok also not to buy now if you have less budget you can do other jobs that can earn bitcoin and your earning should be save in wallet.
7733  Economy / Economics / Re: The Halvening on: April 21, 2016, 09:50:53 AM
I had a dream, a dream in a world where bitcoin its in everyday use, where people full of greed accumulates and holds Bitcoins like precious metals waiting for THE HALVENING.

A world wide tradition that happens every four years and can turn the poor into rich and the rich into poor

That's what will make Bitcoin to success, GREED

It just a dream kid go wake up and back to reality. I dont think poor people will get rich for using bitcoin because they dont have money to invest in bitcoin 4therefore low chance for them to earn big. And surely will earn for that event is those rich guys who have stock many bitcoin in their wallet and waiting for price increase to soar high. And that is my though for your post.
7734  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: April 21, 2016, 09:47:31 AM
There is no doubt that the price of Bitcoin matter a lot, that's already encouraging many people to use this powerful crypto currency online and to spread it as well.
Yes, the price of bitcoin this year has attracted a lot of people to itself, a lot of people are coming here this year into bitcoin because they want to increase their money with the increasing value of bitcoin and also they have found an asset to believe on for securing their future.
Yeah the price is the most important thing when it comes to Bitcoin. This decides if the people of Bitcoin are active or if they are just waiting for something to happen. The price decides everything.

Price really mattets it is very important for bitcoin user and there looking of It. It can determine if people will stay to use it or not and if the price is low i dont think it can attract big investor on staking on it and even business sector will not give a wink of it. But if the price is high will it can create mass good effect in businessworld many investor even company will hug the oppurtunity to bitcoin and surely global awareness for bitcoin will be spread.
7735  Economy / Economics / Re: Is it better to save money or invest it? on: April 21, 2016, 09:25:17 AM
look bitcoin price now the price is skyrocket more than 10% in 1month Roll Eyes
so for me better to invest my money at bitcoin.

I am fortunate to have been bought when the price under $425 and now the price has risen to $444, but I am still waiting when halving occurs and this time still a good time to buy. probably the next few days or the end of the month we will reach $450

Yeah very lucky for that men. But i bought my bitcoin for 390+ when last past months the price go down and i take the oppurtunity to buybso i can earn more because i read some articles that halving is coming and hoping to earn by it and right now im earning dollars now for buying bitcoin thanks that is good decision to me when i have doubts on buying on it. So those who wants to buy it best time to buy because bitcoin is rising.
7736  Economy / Economics / Re: Where did you first heard about Bitcoins? on: April 21, 2016, 09:19:56 AM
some nerds from my country become insane about bitcoin and faucet, mess around some popular forums spread knowledge about faucet like mother of god, show off that they earn 0.5 bitcoin/month. that's where bitcoin actually attract my attention. before that, i first heard about bitcoin on television.

Oh really theres a bitcoin advertisement in your country? Where is your country bro? For me also i just knoe bitcoin from  one people posting a group link on fb groups and he said he earn big money on bitcoin and i got courious about it and i join the group and i see them earning online money and i try it for first i get bored because the earninf is faucet is super low then i quit doing bitcoin by that time but now i cameback and earning money with bitcoin in otherways.
7737  Economy / Economics / Re: How much bitcoin did you earn per day and what kind of method did you use? on: April 21, 2016, 09:15:06 AM
since you're a newbie you can try to do faucets , and just search on this forum for tips and tricks and just join any conversion related to what you need and it will be more exciting when you are posting questions or answers you are learning on this forum and step by step you will know how to trade bitcoin or do gambling and you can join sig campaign too .

for starting fellas you may start on faucet if you dont have funds because you can earn little money their but i dont recommend faucet because it is totally waste of time and effort but if you have money try to buy bitcoin and invest it. But for me i cant determine my earnings daily because sometimes i earn big sometimes so low. And my main source of income is trading and if you want to try it you can practice with little funds do monitoring of price per coin.
7738  Economy / Economics / Re: Spending Bitcoins on: April 21, 2016, 09:08:05 AM
i'm spending it on foods on purse.io, very convenient, i can save up to 30% for each purchase, i would purchase other thing there if only people are willing to buy expensive thing, but it seems that this is not the case
I never purchase anything with my bitcoins because I know that I am going to regret it in the future. The fact that |I can make money with these Bitcoins is reason enough for me to not spend any coins.

I dont think i will regret of spending my bitcoin because i use it to buy my daily needs and gadgets although i save some bitcoin for this halving event. And will not surely regret on my spending on bitcoin because it has spend in good way but i will surely earn another money if the price will rise and let see for future. Very lucky for those who holding big Amount of btc.
7739  Economy / Economics / Re: When do you buy Bitcoin ? on: April 21, 2016, 09:02:30 AM
Just wondering when everyone buys bitcoin, weekly, monthly or just on the falls?  thinking of setting up something regular to ride out the waves.....  Grin
It depens on what the price is at the moment. If I got money and I find the price not to expensive I think about buying. I do not just buy at random moments but you have to decide quick because you will never know what is going to happen with the price.

For now bitcoin price it is good to Buy  bitcoins and good to save for halving event come many speculators and hoppers are staking now to gain morr profit and they beleive an d also do i to earn when the price soar high. But im finish buying bitcoimn now and all i waiting for now is the halving time to be happen. For those who want to stake buy now and save it to your wallet as you can see the bitcoin price now its rising everyday
7740  Economy / Speculation / Re: bitcoin continuous rising? on: April 21, 2016, 08:56:33 AM
I am quite sure that we'll see a drop coming up before reaching $450 this or maybe next week.

My guess is that the price will drop back to $420 to $430 as there is nothing that is supporting the current price.

No i disagree with your thoughs the price is rising everyday and i feel the future halving effects with that and let see. What is the price of bitcoin if the halving occur and many speculation that it will reach to 700$ and i hope it will reach to that and many of use bitcoin savers/holders will sure earn with it.
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