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781  Economy / Economics / Re: Bitcoin crossed 520$... on: May 30, 2016, 10:50:29 PM
It just keeps going up so I hope it will keep rising as I have alot to give.  Grin

Price will keep on moving up until the halving stage and if you are planning to buy then buy it now as price would be much higher in coming days.
782  Economy / Economics / Re: Does the next halving really matter that much? on: May 30, 2016, 10:48:58 PM
This is my first halving in bitcoin and it really matters to me, as I am expecting to earn some good profits from it and it and make me rich for sure.
783  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: May 30, 2016, 10:47:38 PM
I am not gonna risk with my work to go full time on bitcoin, if something go wrong i think i will not comeback. Better to work and have side profit form bitcoin.
Playing safe man, that's good if there is so much pressure on you and when you have a big family to provide with basic needs. I am also a working man having a day job and at the same time focus in bitcoin, its about time management but hope someday I can focus on bitcoins so I could maximize my earnings.

Its always good to concentrate on both of them, its good to have an additional income from bitcoin but depending only on it and quitting job for it is not a wise thing to do.
784  Economy / Speculation / Re: If bitcoin dropped to $1, what you do? on: May 30, 2016, 10:45:42 PM
This is a kind of joke and it will never happen in the future..  i couldn't  imagine what will happen if the price will drop to 1$.
My friend you are right and I agree completely. But thats why he asked, because if something strange happens he wants to know our reaction and most importantly actions to it. I personally would buy 10 btc and just sit and let the party begin.



We should be ready with all the consequences that can occur in future related to the price of bitcoin as nothing is guaranteed and anything is possible with the price of bitcoin.
785  Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase? on: May 30, 2016, 10:42:18 PM
I am holding my coins thinking that price will reach to $1k in this year, so at that time can sell some coins and make good profits out of it.

$1k is really difficult to achieve in this year, price is moving up at a moment but I think we can expect anything around $800 at the end of the year.
786  Other / Off-topic / Re: Does sending Bitcoins feel good? on: May 30, 2016, 10:40:41 PM
When sending out some Bitcoins from your wallet, does it feel good? Do you get a nice body high from it?

Yes, it feels good, but receiving BTC feels even better Grin

Lol totally agree with you, receiving bitcon is something best feeling in world, but sending bitcoin is really painful as we are loosing our money from our wallet.
787  Economy / Speculation / Re: is it time to sell? on: May 28, 2016, 10:28:40 AM
Why the price is going up so fast atm?
Not sure if i should sell today before it will drop again?
What are your opinions?

If you are generating some profits with current price then you should sell some of them and keep rest for the future, as price will be better in coming months.
788  Economy / Speculation / Re: Price Increase Incoming. on: May 28, 2016, 10:26:53 AM
Price is moving up in a positive direction now, so I hope and I really wish that the price will  be really high at the time of halving or may be at the end of the year.

The price is just $430 now. It dropped from the recent peak of $467. It is trading within a range, directionless.

The price is $508 in Poloniex. That is a 78 dollar increase from a week ago. The price is rising fast.

Well that is what we've been all waiting for, the price increase and since the range of some speculations did meet the $500.
Now I hope that it would come up to $600 for the next month before halving.
And hoping after the halving it would reach $700+

Looking at the present spike now I think anything is possible at halving, we may even reach to $700 at the time of halving and around $800 by the end of the year.
789  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: May 28, 2016, 10:24:56 AM
of-course its gold.gold is the most valuable and solid currency.bitcoin value can crash but value of gold will remain same forever no matter what is the economic situation of world,remaining all currencies values depend on economic condition.

Wait, gold is the most valuable solid currency? No way, gold is good yeah, but gold is not even a currency as it is a precious metal and that is not considered as a solid currency but, it adds value to the currency.

Gold is good as an investment but it cannot be used like bitcoin everywhere, you cannot purchase anything with it nor it will be used for online transactions.
790  Economy / Economics / Re: USD vs BTC on: May 28, 2016, 10:22:53 AM
Well, bitcoin is very good, and it is producing USD for me. I also prefer bitcoin if I had a choice between bitcoin or USD. I've obviously would prefer bitcoin as I can make it grow

But we cannot depend only on bitcoin at this stage, as still its not that popular and it can be used at very few places, but dollar is worldwide currency.

You are right, bitcoin isn't that too popular against the USD but despite of few people around the globe are using btc we can compare the use of it
as also like a USD. But of course, people known USD so most of the people will choose USD instead of btc.

We cannot expect that bitcoin will be used by everyone in present stage, and still many people are not aware about it, they are satisfied using usd.
791  Economy / Economics / Re: Bitcoin can not replace fiat on: May 28, 2016, 10:20:56 AM
The fact is it will never happen, people will prefer to use both of them, as we cannot expect illiterate and poor person will use bitcoin ever, he will be satisfied with fiat.

That is the reality that bitcoin will not replace fiat by any means, much better if people would treat to use them both as a currency for physical money as fiat and digital currency for bitcoin.

There is nothing wrong in using both of them, fiat is much in demand in the interior parts where internet and bitcoin has not reached yet, and it will surely take long time.
792  Economy / Economics / Re: How too get rich on: May 28, 2016, 10:19:28 AM
Some girls are getting rich showing boobs online, or making b/g sex.

No special skills needed.
Some lighting lamp, internet connection and separare room or a car with mobile internet.

How long they will be doing that? No one would be interested to see them after specific age, you need to have source of income which stays with you for a lifetime.
793  Other / Off-topic / Re: When was the first time you bought bitcoin? on: May 28, 2016, 10:17:00 AM
I bought last year when price of bitcoin was $220 and now its close to $500, so I am into huge profits, so even I can afford to sell at this stage.
794  Other / Off-topic / Re: Are you buying bitcoins? Why? on: May 28, 2016, 10:15:19 AM
I have kept buying on hold now, will wait for price drop, as today's price is very bigger for me, may be it will come down in next couple of days.
795  Bitcoin / Bitcoin Discussion / Re: Bitcoin halving on: May 28, 2016, 10:13:18 AM
Actually now halving is coming so in this reason bitcoin's price is increasing, after 2 or 3 months, halving is coming and it is very profitable way, mostly people save their bitcoins because of increasing price and in this situation halving has a great part. actually i am still waiting for halving and i like it.

We have already started to feel the halving effect, look at the price now, its going higher and higher and it will reach to the top when we reach to halving.
796  Bitcoin / Bitcoin Discussion / Re: where you get bitcoin news every day ? on: May 28, 2016, 10:11:36 AM
I get news from google and also from this forum and I find this forum better then google as it keeps on updating our knowledge on regular basis.
797  Economy / Speculation / Re: It is Buy time! on: May 27, 2016, 09:33:01 PM
No its not buy time right now although its still a okay price a month ago the price was pretty good 400 dollar but right now its already at 450 dollar.

Anything below $500 would be affordable to buy, as we are seeing price rise now, So I still think this the good time to buy and save for halving.
it is true, if today I have the money, maybe I've bought a lot of bitcoin, because I believe the price of bitcoin will pass $ 500 price that we have long wait

Now we don't have to wait longer to see that price, it will be achieved in next couple of week, so I am holding my coins tight and waiting to see that price soon.
we only need $25 more to see the price reach $500, i don't think we will wait for a long time maybe 2-3 days that target would reached.

Actually you can say that it it is time for buying the bitcoins, specially those people who is interesting in bitcoins,because now people should buy the bitcoins because now halving is coming so the price of bitcoins will also increased.

Buy it before it reaches to $500 because once it reaches there no one would prefer to buy, as it would be the best time to sell that level.
798  Economy / Economics / Re: Bitcoin replaces the money? Could happen? on: May 27, 2016, 09:28:59 PM
No I do not think this is gonna happen, other currency's are just way to big compared with other currency's in my eyes.
This is just not possible and unrealistic.

Bitcoin will be bigger in future for sure, but it don't hold that power to replace or disappear paper money, as paper money is still more popular everywhere.
799  Economy / Economics / Re: Should I believe in Bitcoin ? on: May 27, 2016, 09:27:26 PM
New event suggests that we have to believe in bitcoin since its price has been rising in recent months and it is a very good sign for bitcoin although it can be considered very positive point when it does not fall suddenly!

I don't think it will fall in coming months, price has been stable since long time and now it has geared up to move higher so same we can expect in future too.
800  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: May 27, 2016, 09:25:55 PM
Sure it does. However, I think a more interesting and important number to point out would be the total amount of money invested in the bitcoin infrastructure.  This number will really show you how confident people, investors and companies, are in the future potential of btc.

No doubt we will see many new users and companies entering into the world of bitcoin in future and that will surely increase the price of bitcoin in future.
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