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81  Economy / Economics / Re: Bitcoin in India? Not for a LOOOOONG time. on: March 02, 2016, 09:48:58 PM
I am from India, and I don't see any major development in my country when it comes to bitcoins, people are just busy in using fiat and credit cards, and if we tell them about bitcoins, they just start laughing and say that these type of currency will not survive in future  Angry
82  Economy / Speculation / Re: At what price is bitcoin a good buy? on: March 01, 2016, 08:37:34 PM
I don't think there is any good price to buy, as the price keeps on fluctuating so you cannot arrive at a decision that this is the best price to buy, as price might fall down tomorrow.

it all depends on what your intentions are. if you truly believe in the future of bitcoin and that it will see a significant higher adoption rate than now, then you can safely buy at these prices and hold your coins for a few years. you need to realize that it requires a lot dedication and steel balls to hold without panic selling as you will face huge dumps throughout the years.

Exactly, patience will pay you in long run, if you don't loose your temper and hold your bitcoins for future then you can earn some good profits, or else if you sell at lower price and suffer losses.
83  Economy / Speculation / Re: Bitcoin in 2020 on: March 01, 2016, 08:34:42 PM
I think in 2020 Bitcoin's price will be really high and that's will motivate and encourage many people to start using it

Yes, let hope that bitcoin will reach to a new level by the year 2020 and will attract more people towards it, but it will reach a good value if we find higher adoption in present scenario.
84  Economy / Speculation / Re: BTC going up for 500$ again ? ::) on: March 01, 2016, 08:32:34 PM
We all hope for that. It will be nice if that is going to happen. I like when it will be more worth and it will get a higher value.
The value now on this moment is not so high and many people dont like it. But I think they need patience for this.

Yeah, but what I believe is people who bought at $220 are already earning profits at a moment, but the reality is we need to some more profits from it, so we are holding our coins at a moment.
85  Economy / Speculation / Re: $1k in january on: March 01, 2016, 08:30:33 PM
I'm looking for $650 for 2016, based on wetting my finger and seeing which way the wind is blowing.  Nothing more substantial to back it up, it just feels like the right area to me.



$650 is too conservtive for the 2016 price. I think the block reward halving will double the price from $400.
It will not happen. It can happen so fast. That is so impossible. I hope that more people will use Bitcoin so it will be more popular.
But I dont think it will be 1k in January, that is to fast. And I know you can see that the price is rising, but you never know when it stops.

But you also never know what would be the price in next few months, anything is possible when it comes to the price of bitcoin, and there are full chances that it will reach $1k by the end of this year.
86  Economy / Speculation / Re: Do you think bitcoin will reach it's $1000 mark again? on: March 01, 2016, 08:28:53 PM
Bitcoin has a potential to go beyond that, and who knows may be the end of this year we would be reaching that value, just need to have patience and hold your coins for next few months.
87  Economy / Speculation / Re: Back to $ 400 soon? on: March 01, 2016, 08:27:09 PM
The value will keep rising until $450 and it will be stable at that price point, well hopefully, i don't want to see another crash.
yes, I am also, at this time bitcoin prices were stable and increasing, I do not want to see the damage bitcoin as the decline in prices back to $ 400 more or less than that

A decline to $400 and below is not all bad, it can also be viewed as an opportunity. I think if it drops, you can buy more bitcoin and exchange it later if the price goes up again. But it's only me, others may not like it at all.

If the price drops below $400, I will buy a lot. The price below $400 is very cheap. The price will rise in the future.

Correct, but I don't see it happening at a moment, as the price is rising and it will continue to rise slowly and steadily until the halving comes, but if it falls to $400 then that would be a good time to buy.
88  Economy / Speculation / Re: How long is Bitcoin life? on: March 01, 2016, 08:25:31 PM
I think no one can touch or replace bitcoin for next 10 to 15 years, bitcoin is still in its younger age and needs some time to grow and develop, I believe it will not die very soon.
89  Economy / Speculation / Re: Poll: What year will we hit $100,000? on: March 01, 2016, 08:23:12 PM
I don't think that it will be soon, 2024 not earlier,  people won't start to use bitcoin so fast, it needs time, and more people will use bitcoins, larger price of bitcoin

Yeah, still a long way to go, it won't reach there overnight, it still needs time to be more popular and more powerful and it will done if we find adoption from the people across the globe.
90  Economy / Speculation / Re: Will bitcoin go back to bellow $400? on: March 01, 2016, 08:20:40 PM
If attack at $450 Fail, Sub $400 possible.

It might touch below $400 for a few days, but the price will come up very soon. $420 is the new price balance.

i think the chances of seeing the price go up is higher than the price going down. the price is nicely holding above $400 which indicates that wealthy traders are fine with current price. the lowest i think the price will go if it goes down is $410. let's see if we can touch $450 this week.

Yeah, it would be really good to see if bitcoin reaches $450 in this week, I think may be after halving we can expect that price go again below to $400 but not before that I guess.
91  Economy / Speculation / Re: How it will go to $0 again? on: March 01, 2016, 08:18:28 PM
The price of bitcoin is stable at a moment and it is rising slowly so we can expect some good price in future too, and bitcoin going to 0 is something impossible in future.
92  Economy / Economics / Re: Is it better to save money or invest it? on: February 27, 2016, 10:30:02 AM
Investing bitcoin is a good way to earn money. But there are not many safe investment for us at the moment.

Bitcoin is not a save investment and you should do your research before you post this up. Bitcoin is considered one of the investment with high risk potential as no one could predict the direction of this virtual currency yet. It may seems like this is going to be the world's future currency however no one knows that it has the potential to be worthless as well

Bitcoin is young and its price can go either way. So if you invest in it, be sure you invest only the amount you can afford to lose. And as far as investment is the topic, to lessen the risk, diversify your investments. Do not put all your money on a single instrument. Invest on bitcoin some, some on real estate, some on insurance, stocks,  mutual funds and the list can go on and on.

Yes, diversification is the best option when you are investing your money, as it will also diversify your risks, and even if you go through loss from one you can recover it from the other.
93  Economy / Economics / Re: Why do you buy Bitcoins? on: February 27, 2016, 10:28:22 AM
I buy bitcoins for the profit you can make with it in the future, plus its also that I like the point it is self controllable, the bitcoin will rise to high amount because of the halving that is coming.
Its also that I want to be the part of the community of the bitcoin itself.

Yeah bitcoin is best when it comes to making a profit in short term as it allows us to earn a quick money because the price keeps on moving up and down, we can earn good money in short time.

That's the best way to play with bitcoins, if bitcoin is allowing is us to make quick profits then why not take advantage from it, so its better to buy when the price is comparatively low.
94  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: February 27, 2016, 10:26:46 AM
I think price of bitcoin is really matter. I mean like last year, the price of bitcoin reach $200+ and i heard many people stop using bitcoin and when the price back to $400+ people come back and using bitcoin.
Yeah its matters for me. I don't about other Some people I have seen They just simply curious about bitcoin without money thought. But I have thought about price.
Well, I think the price is very important, because from the beginning until now, people are always talking about the price of bitcoin. even I also was first attracted to the bitcoin seeing the price is very high

Yeah, of course the price of bitcoin matters to all of us as we keep on watching whether its moving up or down so that we can buy or sell at a right time and make some profits.
95  Economy / Economics / Re: The $1 Million Dollar Bitcoin on: February 27, 2016, 10:24:27 AM
Maybe it will be possible in a few years if the United States keeps increasing their M1 like they have been doing these last few years  Grin

That is simply impossible, bitcoin can never go that high, you need to believe and accept the reality, at a moment it might reach $1k but not beyond that.
I'm not say that bitcoin will go this high, I was saying that if the US dollar devaluates a lot (hyper-inflation weimar republic style  Grin) bitcoin would be able to be worth lots (millions ?) of dollars.

But its really difficult to predict that it can go that high in future, but anything is possible when it comes to bitcoin price, so lets hope the value of bitcoin would in worth of millions.
96  Economy / Economics / Re: If bitcoin price is $10.000, will fiat be worthless? on: February 27, 2016, 10:22:28 AM
Fiat would always exist, its not that easy to disappear it, as people are using it since a long period of time, there are many people who will continue to use fiat in future too.

Yes people will use both fiat and bitcoins in future, but the majority of them would be dependent on fiat, as they find it easy and convenient to use.
97  Other / Off-topic / Re: Do you actively spend your bitcoins? on: February 27, 2016, 10:21:13 AM
Well I use my bitcoins weekly only 25% of my bitcoins the other is just for my family so that I can help them.
For now I go to save it.
Yes it is good now to save it. Because the value now is very low and that will be good for the ones that want to invest.
You can also see now that the value is slowly rising now and now we hope it will happen for a long time.

Yes, the price is rising and it will continue to rise until the halving occurs, so if you have any emergency then only you need to spend your coins or else just hold it for next few months.
98  Economy / Economics / Re: Bitcoin replaces the money? Could happen? on: February 27, 2016, 10:19:43 AM
That will happen not so fast, I think. That will be impossible now on this time. Many people dont even know what Bitcoin is.
And I hope later that more people will know about Bitcoin and that they can use it in the future.

I also do not see this happen at all its just to much because the bitcoin is very dependent on the dollar these days so I think this is not gonna happen.
Also the point is that banks and other people/company's will not let this happen the dollar is already to big, a lot of people around the globe are depending on it.

Yeah, in future more people would start using bitcoin as a currency but that would be their secondary option, the primary option would be to use dollars for making purchases.
99  Economy / Economics / Re: Where did you first heard about Bitcoins? on: February 27, 2016, 10:18:13 AM
I first heard about the bitcoin when it was on the news for criminals things of course because the media is always talking bad about the bitcoin.
I think we can blame the banks and the criminals for that, the most under us do not use it for criminal things right ?

Yeah, I heard it on news too for the first time, and they were spreading the negatives related to bitcoins, like its being used for illegal activities and the use of bitcoins should be completely banned.
100  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: February 27, 2016, 10:16:29 AM
I am definitely going to sell my Bitcoin. For me it is an investment and when I sell it, I can buy other things that I want.

Yeah, only holding will not serve the purpose you need to keep on spending and selling your bitcoins, if the present price is profitable for you then you should not hesitate in selling your coins.
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