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781  Economy / Economics / Re: Bitcoin crossed 520$... on: May 31, 2016, 03:21:56 PM
I also suggest on holding for now. No major auctions (except one) coming up in the nearest future, plus halving. Very good price rise potential.

Yes holding seems to be the best thing at a moment, price will rise in coming days for sure, so I am not experimenting with my coins, am just holding them.
782  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: May 31, 2016, 03:20:08 PM
If I had an oportunity to be paid in Bitcoin, even two time less, I would take it on the go !

Well, that's too risky because even two time less is kinda low when it comes full day time job. I suggest to earn that you earn a decent profit first in bitcoin before planning to going full time into it.
I also think that it is way to risky to quit your job and go full time on Bitcoin. You will never know what is going o happen with Bitcoin in the future so I suggest that you keep your job and do Bitcoin as an extra.

Smart person will never quit his job for bitcoin and he will grab the opportunity to earn from both of them by managing his time and schedule.
783  Economy / Economics / Re: I'm not gonna sell any coin. on: May 31, 2016, 03:18:29 PM
if everybody is thinking like this we never going to get a nice rise of the value. So dont say to others that they also have to store them becasue that would be very bad for the coins.

The price increase will not be stop as it will happen when the halving happens, well we are not forcing them to store bitcoins, we are just giving out our opinion and suggesting what we think will be also good for them. But it's up to them, if they will going to absorb our suggestions. Cheesy

not everyone will holding I thought, surely there will be always dump. but we only give advice to hold, so that everyone buy bitcoin for halving, and it certainly will help prices to rise.

Yes there will be a dump but I'm not looking into it, I am much more focus on the pump side of it. Because when people tend to think negative,
of course negative feedback will do.
But if you think positive, positive outcome will also about to happen.

We simply cannot predict what will be the price of bitcoin in coming days, but one thing is sure we will not see major dump till the halving stage.
784  Economy / Economics / Re: The future of the paper money on: May 31, 2016, 03:16:59 PM
There will be a nice future for the paper money and thats because paper money will always be there and will never disappear a time. Bitcoins are nothing without gold so dont think bitcoins take over the world it wont happen thats what i know.

There will be many people who will be using bitcoin in future but we cannot ignore the fact that market cap of paper money is huge and it will keep on growing in future too.
785  Other / Beginners & Help / Re: Doubling Bitcoin? on: May 31, 2016, 03:14:44 PM
I see a site that offers 150% return on 150 hours in fact that is not double just a half of your capital but its just like gambling just put some what you have to afford to loose. Its all gambling on bitcoin. You earn you loose not all the time you get profit on it sometimes you loose in many ways the most hardest part is to be scammed by HYIP sites. you lost everything of your capital.

Mark my words they will never pay you back, no one can afford to pay that huge returns to each and every investor or surely that company will get bankrupt.
786  Other / Off-topic / Re: What will you do if you own 21 BTC? on: May 31, 2016, 03:09:24 PM
I'm amazed at how many people suggest to invest in alts, which is basically gambling. No wonder most people here are broke.

To OP, simply hold your money for the next couple of years at least!
Why do you think most people here are broke? Because they say so?

No, because most people join the Bitcoin world as a get-rich-quick scheme.

Getting rich quickly with bitcoin is not possible, to get rich with it you need to hold good amount of coins and you really need to save it for a long term to get higher profits.
787  Bitcoin / Bitcoin Discussion / Re: [POLL] Do you prefer your money to be in cash or bitcoins? on: May 31, 2016, 03:06:35 PM
I will prefer to have both of them, bitcoin as an investment and fiat as a currency to take care of my expenses, as cash can be use everywhere to buy anything.
788  Other / Off-topic / Re: What do you wish you could buy with btc ? on: May 31, 2016, 03:04:35 PM
I don't want to buy anything with bitcoin, I just want to hold it for a long term and will convert it to fiat when price reaches to the moon.
789  Bitcoin / Bitcoin Discussion / Re: What would happen if BTC was Banned? on: May 31, 2016, 03:01:26 PM
I think it is impossible for them to ban the bitcoin however if it's gonna happen all the bitcoin users with money on it will loose everything and it so injustice we earn with legal way, we do no crime we don't sell drugs everything transaction we make here is almost legal we do it for living. So its so unfair to ban bitcoin. It help us is so many ways try to catch other people who launder money not people like us with minimal earnings. Tongue

Bitcoin can never get banned, and if it gets banned then people will use it more, I am from India, and porn is banned in India, but still people find new ways to watch it.
790  Economy / Speculation / Re: 2016 will be a boring year for bitcoin on: May 30, 2016, 12:18:27 PM
This year it will be not the best year that Bitcoin can have and that is because the value of the Bitcoin is not that high and that is really bad for the people with already Bitcoin.
But of course it wont be that easy to earn some profit with it because you cant control the value and that is bad.

Can you see the recent spike in the price of bitcoin, it clearly suggests that price will get better and better as time advances and this will be the best year for bitcoin.
791  Economy / Speculation / Re: bitcoin will rise again on: May 30, 2016, 12:14:53 PM
Bitcoin is rising now on this moment and that is very good that it happen now. I hope that it will take a really long time. So that we can sell it in the future for a good price and more money.
We will see what is going to happen.

Bitcoin has started to rise now and it will keep on rising till we reach the halving stage, so I am sure now we will see some very good price at the time of halving.
792  Economy / Speculation / Re: Getting closer to Halving but .. no increase ? on: May 30, 2016, 12:12:29 PM
halving still about one month more, but it seems today prices are rising fast enough. I believe this is the effect of halving, and could not imagine when later approached halving prices could increase about $550-600

it's already at 550, i think it may touch 800 by the halving come, double of before, each halving will bring double the price, and if you dump between price correction you cna earn a lot

I think holding till the halving can be really good, as we are seeing quick rise in the price of bitcoin so  majority of us expects that price will be at $800 at halving.
793  Economy / Speculation / Re: Why is the price dropping? on: May 30, 2016, 12:10:28 PM
The price is not dropping at the moment but rising and it is currently on its way to hit $500. It can be true that the price has dropt a bit i the process but I am sure that it is going rise short after that again.

That is right. The price hit $500 two days ago. It is around $520 now. It might be $550 in early June.
It touched $550 yesterday already for a moment. Now it's about $20 under the peak. I'm guessing $600 in July now. But that's just speculation of course Smiley

It will touch $600 before July now and I am sure price will be around $800 at the time of halving, so I am holding my coins now and will sell only at halving.
794  Economy / Economics / Re: Bitcoin replaces the money? Could happen? on: May 30, 2016, 12:07:27 PM
It will take many years for the bitcoin to be a main stream payment method. I only use bitoin for less than 1% of my payment.

Bitcoin cannot be used everywhere right now, but in future it will we widely accepted as a mode of payment, but it will never replace fiat for sure.
795  Economy / Economics / Re: Bitcoin or gold? on: May 30, 2016, 12:04:54 PM
Bitcoin for sure at a moment, cannot afford to invest anywhere else, price is going higher and higher with each single day, we will see all time high price in this year.
796  Economy / Economics / Re: How too get rich on: May 30, 2016, 11:57:30 AM
To get rich is not instant, the only instant is from gambling. You need to work and getting rich is not easy. Get graduated from university and do business.

Gambling will never make you rich, it can make you winner once or twice not everytime, and you cannot depend on only gambling to become rich.
797  Economy / Economics / Re: Bitcoin crossed 520$... on: May 30, 2016, 11:55:54 AM
Hi guys,


Just now i noticed the price, Bitcoin reached 5394 which is equals for 1 bitcoin. Cheer up and enjoy.

I think Bitcoin will reach 1000$ at halving time. Please share about your thoughts regarding this price rise. Cool
We can reach the 1000$ price by the end of the year.  Im thinking what i will gonna do if the price went up to 1000$, is this the right time to buy bunch of btc and hold them before the year ends,?

Yes we will see now this price in this year itself, now we don't have to wait longer to see the price of $1k, just hold your coins by the end of the year.
798  Economy / Economics / Re: Is it better to save money or invest it? on: May 30, 2016, 11:54:15 AM
If you want to earn some money later than it will be smarter that you are going to make a smart investment so you can later after a long time sell it with a lot of profit and that is nice.
But of course it will be really hard to know what the value will be and when you can sell it but that is just the risk that you should take.

Every investment is risky and you have to take that risk in order to earn good profits in future, because saving will never make you rich in long run.

We need to stay away from useless expenses to become rich with fiat or BTC, I mean if we really need to buy something then sounds good, but only if it's getting at cheaper rates we would keep on spending our bitcoins doesn't make any sense, the only thing comes to mind is if we buy useless things today, the day would come where we need to sell useful things for money.


Very rightly said, its better not to spend on useless things, it will waste your money for sure, you need to be disciplined and should avoid unwanted expenses.
799  Economy / Speculation / Re: If bitcoin dropped to $1, what you do? on: May 30, 2016, 11:50:50 AM
If  bitcoin dropped its price to 1$ then i will buy  1000btc  and hold them for twenty years, even if the price went up at 50 still i have a lot profit when i sell them all.

Majority of us will do the same, as we have faith in potential of bitcoin that if it falls it will grow once again in future and it has successfully proved it many times.
800  Bitcoin / Bitcoin Discussion / Re: What's stopping people from using bitcoin? on: May 30, 2016, 11:46:47 AM
People don't use bit coins because most of them don' t know exactly what it is or the value of it maybe they don't even know how to use it. I think people are afraid to use it because they don't know much about it and you need to buy it with money, and money is there everything.
Why pay with bit coins if you can pay with cash and have more warranty.

People don't hold sufficient information related to bitcoin and that is creating an issue here, if they are educated in proper way then they will start using it.
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