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7861  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Valorbit | VAL | https://valorbit.com | Valorbit coins Distributed By Humans on: August 06, 2016, 05:33:59 PM
VAL has become shit now. The price is not moving up and so many coins are up for sell only....No one is interested in buying and dev is offline.

Should be moved to scam coin now. No hope of revival of this coin. Whosoever has invested in this coin, all the best to them. Hope you will be able to get at least your invested money back.
7862  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be used for Good? on: August 06, 2016, 05:13:13 PM
Not just bitcoin but any fiat currency can be used for good if human civilization wants it. Otherwise it will be used for bad only. But I think a mix of good and bad will always be there.

Good people will use it for good and criminals will use it for bad. I guess we all have to live with that only.
7863  Economy / Speculation / Re: Kim Dotcom Predict 2000$ per Bitcoin ??!! on: August 06, 2016, 05:08:31 PM
It is too good to be true! I will be very happy if it happens. But I don't see any stimulus in the market which make me think that bitcoin will reach 2000+ usd. Yes, it may happen in 5 year time but not for now.

It seems like he is just promoting a new product of mega upload. Money talks attracts people easily that's why he has resorted to bitcoin price.
7864  Bitcoin / Bitcoin Discussion / Re: What is your money aim? At which point you would go in "retire"? on: August 06, 2016, 05:04:16 PM
Human needs are dynamic and so as the world economy. I am at my thirties so if I want to retire at 50, then I will have consider the inflation and the value of money at that time. It is pretty much impossible to guess now.

So the the planning should also be dynamic and will be based on the value of money I guess. If I think about today, then at least 2 million would be sufficient I think.
7865  Economy / Economics / Re: If there was no fiat where will BTC base its value? on: August 06, 2016, 05:00:31 PM
I guess some tangible asset like gold or silver or platinum. But if there is no fiat or currency similar to fiat, then what will be the use of bitcoin as well.

You are talking about a money free world where the barter system exists. Then I think bitcoin will also have no use.
7866  Bitcoin / Bitcoin Discussion / Re: NEver keep all your coins on an exchange on: August 06, 2016, 04:28:30 PM
True...I agree with you...I am sure not every exchange owner is like mtgox but hacker will have no mercy when they hack in to any exchange.

If you are a big player, a little withdrawal fees will not harm you, but small traders like me will have to pay a huge fees if they want daily withdrawal. I think exchangers should think about lowering the withdrawal fees.
7867  Other / Off-topic / Re: What can i do with 3 Bitcoin? on: August 06, 2016, 04:17:06 PM
Earning 1 bitcoin from 3 bitcoin is just  2 months is very very hard. Though not impossible.

The best thing you can do is trading. That's the best and easiest way to earn more bitcoin since you already have an initial fund to invest. Don't try your luck in gambling or ponzi sites, you may end up loosing all 3 BTC.
7868  Economy / Services / Re: YoCoin Twitter Campaign on: August 04, 2016, 08:18:18 AM
I have received the first payment. can I re-apply?
7869  Bitcoin / Bitcoin Discussion / Re: Bitcoin or a gold bar with the same value? on: August 04, 2016, 05:17:28 AM
Definitely gold bar with the same value at that time. Because it is safe investment. Gold bar prices will not appreciate overnight but also not depreciate overnight. Gold price is very stable. On the other hand gold is also a tangible asset which bitcoin is not.

Bitcoin certainly has the potential to go up to any uncharted territory if we hold it longer, But it is not safer like gold. Given the choice, I will go for gold.

7870  Economy / Gambling / Re: Lost $40 Btc in a Bitcoin Esport Betting Site on: August 03, 2016, 02:42:43 PM
May you good sense is back and may you restrain yourself from playing in betting from now on. Remember, whatever happens, the house always wins. That is a very true statement given by a wise man.

Trade is the most legal way to earn bitcoin, even though it involves a certain amount of risk, but it still has a potential to give you a big return if not little. So try trading.
7871  Other / Off-topic / Re: Average Age of Bitcoin users on: August 03, 2016, 02:39:37 PM
Bitcoin is basically a coin of tech savy people. So I guess, most of the bitcoin users are within 25-40 years of age.

Like I am now 30 and I know few more people who is within 27-30 years of age bracket. usually old people are not that much tech savy people. Hence very less amount of people above the age of 40 uses bitcoin, That's what I think!
7872  Economy / Speculation / Re: BITFINEX crashed, bitcoin price falls. Will it recover? on: August 03, 2016, 04:46:05 AM
It is a sad week for me. From 650 to 550....A 100 USD fall in just 3 days. Traders like me are still optimistic and planning to buy more and more bitcoins even at this time.

I think people should start buying bitcoin now because the price may not fall beyond 540 USD. A little bit od technical analysis will help you understand the situation. So my suggestion is to buy now. The time is now.
7873  Economy / Services / Re: YoCoin Twitter Campaign on: August 02, 2016, 04:41:27 PM
Twitter name: @hyipnewsreviews
Twit link: https://twitter.com/hyipnewsreviews/status/760514004024295424
              https://twitter.com/hyipnewsreviews/status/760514223248072704
bitcoin address: 18BN5y2mSjH6pbSPjjVgVM9jQdSuijYD4R
7874  Economy / Services / Re: INCREASED PAYOUT(7/13) ۩۞۩ secondstrade.com ★signature campaign★upto0.00051/post on: August 02, 2016, 04:23:57 PM
I am a senior member now. Please update. Thanks.
7875  Bitcoin / Bitcoin Discussion / Re: Most Valuable Right Now? on: August 02, 2016, 03:11:18 PM
I am looking forward to add some extra spice in my life by making some of my dreams come true with bitcoin. Dreams can't be measured by money so as of now dreams are the most valuable thing I can buy with my bitcoin.

Seriously, I am planning for something big. Not now, probably after 5 years. But I guess I can wait that much time for my dreams to come true. 
7876  Bitcoin / Bitcoin Discussion / Re: What about the idea of a bitcoin shop in big cities? on: August 02, 2016, 03:00:11 PM
That is a good idea but make sure that bitcoin is legal in that particular country before you start opening such shops. Otherwise the enforcement agencies will hunt you down within a week.

It is always better to do such business online using a VPN. You will be hard to track.
7877  Bitcoin / Bitcoin Discussion / Re: How will the Blog Help you to earn bitcoin on: August 02, 2016, 02:40:49 PM
To earn bitcoin from your blog you need to have some traffic. If you have traffic, then you can use bitcoin based advertising network like a-ads. The more impression and click the ads will get, the more bitcoin you will earn from them.

A-ads is a very good advertising network. I am using their service from last two months and already received 4 payments from them. Recommended!
7878  Bitcoin / Bitcoin Discussion / Re: BITCOIN IS BETTER THAN WESTERN UNION ? on: August 02, 2016, 02:38:39 PM
That certainly is. Bitcoin is better only when you are sending money to someone who knows the usage of bitcoin and knows how to convert it to fiat. Otherwise it is not much of a use.

On the other hand, WU is strictly regulated and will not release your money unless you provide a copy of your ID. In term of anonymity, bitcoin is better but in terms of user friendliness, WU is better. 
7879  Bitcoin / Bitcoin Discussion / Re: Cyrpto vs Fiat on: August 02, 2016, 02:34:59 PM
Each type of currency comes with own set of benefits. FIat is regulated and accepted everywhere. That is the major benefit of fiat currency.

On the other hand crypto is not regulated by any one and also not accepted everywhere. The acceptance level is still quite low. The fiat currency price is not very dynamic whereas the crypto prices are very much dynamic. It can go up to any level and go down to any level as well. 
7880  Economy / Speculation / Re: Bitcoin @ $592.. we are crashing on: August 02, 2016, 04:40:27 AM
It's called stabilizing. The price of bitcoin is gradually moving to a stable equilibrium till the next halving in 2020.

If you bought bitcoins at $600+, either hold till price rises again or exchange for a viable altcoin - wait for its price to rise, sell and make some profit there.

Even I think the same. The price is now stabilizing. Just filling up the hole left behind to get the roots stronger. from 592 USd the price is now 600 USD. It will increase soon. However, the recent fall made few people bearish on bitcoin hence they also are selling. It will take a bit but will soon recover.
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