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801  Economy / Economics / Re: Greek crisis on: July 17, 2015, 05:18:41 AM
Ya they must be making tourism more cheaper to attract more people

Yes, tourism sales have the potential to bring in some good money for Greece, it always has but after so many negative things happeing in the country and the bank shut down issue... The tourists are scared, and I think all these activities have put the country in bad light. I don't think tourism will bring in any money which might make a difference for atleast 3-5 years.
802  Economy / Speculation / Re: Interested in joining pump group/team on: July 14, 2015, 09:11:40 AM
I think if somebody makes a thread saying that he is a part of a pump and dump group and by chance, predicts some shit, he will be followed and worshipped like a messiah here. I think we rely on others' predictions more than to calculate and have confidence over the ones we make, we get influenced easily. I'd never trust a bunch of faggot pumpers who I never met.
803  Economy / Speculation / Re: [Interesting Chart] Price Per Bitcoin vs. Bitcoin Market Cap on: July 14, 2015, 09:05:41 AM
I think in 5/10 years it'll reach 11-13  Shocked

Or die forever  Grin

Yes, nobody is going to put any more dollar into something which couldn't get adopted in 10-15 years, the attention span of humans trips down every day Tongue Nobody will pay attention to something which be referred as digital scrap if nothing works out for it. Either bitcoin might sell for something less and is just left as something as simple as payment gateway  (MAYBE)
804  Economy / Speculation / Re: What do you think the price will be in 5 months? and why ? on: July 14, 2015, 09:01:33 AM
650$ if things seem to go this way. I think there will be a price drop now and a lot of btc might get mad about it but it will actually be good. A lot of people will then put their money down in btc and I think I am one of them. It will push btc mugh higher at a nice pace, and it will turn heads. Adoption rumors again, media comes around again and boom, 650$ I assume till the year end
805  Economy / Speculation / Re: I am short... on: July 14, 2015, 08:55:49 AM
I think that the price is going to fall a lot more before the real spike starts so I advise you to chill out and buy it later if you can hope to be an optimistic or just buy it now with a loss of 10$. I am going to ivnest heavy money in btc when the price drops and I predict it to be within the end of the month, let's see how it goes down Wink
806  Economy / Speculation / Re: The divine investment advisor on: July 14, 2015, 08:51:40 AM
A very interesting read. I've seen it in various movies where people whoa re good with math and numbers can always calculate and crunch digits in their mind in a couple of seconds and sum out who'd make more revenue and invest in that. Either you should be really good with numbers and predictions, and with such a skill, having a lucky hand is always an advantage.
807  Economy / Speculation / Re: Bitcoin to $1000 on July 2016 on: July 14, 2015, 08:47:39 AM
It is about greece?
So they took another loan from UE
I'm really not happy at all.

There are a lot of factors which had a lot to do with the price change in bitcoin. I think there are big pump and dump whales involved in the change of prices. The Greece moment either triggered or was an escape for them to drop the price suddenly making it seem that things changed because of the news with Greece. I am just having my doubts, where there's huge money involved, things like these tend to happen.
808  Economy / Speculation / Re: Reality check time on: July 14, 2015, 08:42:36 AM
You may not like it, but yet there are plenty of people out there who is waiting for the price to fluctuate and make little profit. As long as the bitcoin is seen as way of profit it will never make it's anchor.

To make any profit off bitcoin, the investors shouldn't look as to make little profit but the big one. Accurate investments at proper time and there will be so much of money all these investors could make. Even I am waiting for a price drop, so I could buy in large in Btc. If it doesn't happen in the next 3-4 months, I will still buy less at whatever price.
809  Economy / Speculation / Re: Say Goodbye to Greece... on: July 14, 2015, 08:36:22 AM
The more countries collapse, the more people understand the  reason behind it. FIAT CURRENCY. The more people understand it, the more people find out ways to find an alternative. We already have an alternative. A decentralized crypto coin called BITCOIN. All they need is to understand bitcoin and use it according to their own terms. Once they adopt it, they'd possibly be a part of the happy ending, if there is any ending.
810  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 14, 2015, 08:31:15 AM
Well here we go to the 250s again.... short in guys cmon dont be stupid!

Its 289$ today, and it will go down a much more. Actually I want it to go down much more so I can put more of my money in btc at much more affordable price Tongue After 3 months, the btc price is going to shoot real high and you don't want to miss that train man. I have been waiting for this from a long time and I have my patience game strong at the moment haha
811  Economy / Speculation / Re: Bitcoin goes to 1200-1300 within a month. on: July 14, 2015, 08:28:22 AM
Well it gava a try but I guess the fuel ran out. It looks like it is going to be stuck around the 300 mark for a while.

No I think its going to go down a little and then slowly rise above, which will be a great thing as it will allow other bitcoin investors who are waiting to put their money in it an optimum price to buy. Slowly, as the dumps decrease, there will be an increase in price and the btc price will go much much more higher than what it is right now. Just a prediction, I'm no messiah.
812  Economy / Speculation / Re: I hate myself -_- on: July 14, 2015, 08:25:57 AM
Do not hate yourself over bad investments, never do that. Be confident in your decisions and accept what comes your way. Whenever I had a big loss (very less), I used to go out for a walk and calm down. Always do that. You're young, people here are not so compassionate. My opinion regarding bitcoin investment is keep holding on, have patience son. This is a test for you. Keep your investments intact, and wait for 90 days. See the magic.
And as a beginner, I would advise you to follow patterns and learn charts as a way to learn.
813  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: July 14, 2015, 08:21:53 AM
I think Gold will carsh now i see in chart price want go to down same like bitcoin will goes down too

Gold is not going to crash for a couple decades, sure its position might weaken but if Gold crashes, people panic and the whole economy is damaged. Besides, Gold is also used for jewelry and that market is very big, constant trade taking place continuously. New people also keep investing in Gold, yes its position is weakening but crash is way overstated.
814  Economy / Speculation / Re: A thing of beauty on: July 14, 2015, 08:19:56 AM
It may seem facetious to draw that many lines but it illustrates what an exponential rise looks like and I like the "cat's cradle" effect of all the support lines  Cool

Tens of thousands of coins were dumped last night yet we're still rising exponentially.



let them dump the more they dump and the more we can remain at the same level, the more that level will be tough to beat

those little dump that occur while we are increase so nicely, are a good thing, they give the opportunity for buyers to buy at the same price and strengthen their position


Yes, this results in more room for people who want to invest their money in bitcoin to buy at an optimum price. It benefits both the parties, and such little dumps that take place will happen while our position will increase better. It will make the people who are buying new coins happy too and when dumps slow down, the price go up and benefit all
815  Economy / Economics / Re: Banks Suck on: July 13, 2015, 08:48:51 AM
Your words are music to my ears.  Wink

Every time someone complain to me about their banks, I answer them with this... "Why do you not switch to Bitcoin?"

You stand before them with the Blue pill and the Green Pill.... They already had a taste of the Blue {Banking} pill... and the experience was bad... You are giving them the option to take another pill... They can chose to stay with the Blue pill, or they can try the Green pill.

Go Neo... Try the Green pill  Wink ...You will realize the truth, when you take the Green pill.... {The Blue pill is not your only option anymore}

This puts me in the mood, to watch "The Matrix" again.  Grin Grin Grin

So you're recommending people to switch to bitcoin, in terms of transactions? If they want to send somebody money, they need to convert their money in btc and send that btc to somebody who also has a bitcoin wallet. If you are recommending people to switch to bitcoin to store their savings, you think they wouldn't fucking kill you if they put their life's savings in bitcoin and there is a spike down and they lose more than half of their savings? What will you say to them in terms of emergency then? 'HODL?'
816  Economy / Speculation / Re: BITCOIN going up or down on: July 13, 2015, 08:44:38 AM
Up of course! Why?
Fiat is not doing great, especially Euro.
World economy is not doing great. In Europe we have a country in crisis each year. First it was Cyprus now it's Greece...
Bitcoin offers an alternative for people who don't want to keep all their money in fiat and IMO a better alternative than gold or silver, because it's easier to transport and trade.

The probability is higher for the currency to rise instead of fall.

Fiat is not doing great, especially Euro.

World economy is not doing great. In Europe we have a country in crisis each year.

First it was Cyprus now it's Greece... and BTC offers an alternative for people who don't want to keep all their money in fiat and IMO a better alternative than gold or silver, because it's easier to transport and trade.


I E, either you are copying posts or are just terrible at quoting people. Please fix your post, its confusing.
817  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: July 13, 2015, 08:41:51 AM
I'm not sure I would class some of those countries as 'major' ... but there is a general sense now that bitcoins are leaving the USA, and at an accelerating rate.

You are correcct. It has not spread across a lot of countries. But not all the major countries , cant say that. But it has become a little more reputed now. I hope it becomes more popular and spreads across the whole globe so that all people can witness its brilliance and promising future plans.

Even if a person lives at some part of the world where he cannot have internet or something, it doesn't matter. Even with modest SMS messaging on your basic phone, you can transact business globally. You are the bank. Buy, sell and trade worldwide, with no banking fees. No car, debit card or ID required. Like a boss Wink

So all the people saying that bitcoin cannot be reached into third world countries because they don't have the appropriate infrastructure, they just need knowledge about it and a social offering by a trading company which should take it as an opportunity of business to help people without smartphones set up their wallets and then give them access through basic sms phones. A
Yes they need a devices that can have a wallet so that they can stored they coins, but i think third world country can't adopt bitcoin right now maybe some day.

There is a huge market out there for so many wallet companies and for so many companies which are bitcoin enthusiasts, they should take some real developement measures to gain this audience and benefit from the rise. Better marketing will lead to smarter adoption bringing in much revenue. It is an advantage for all the bitcoin users so we should support such a cause.
818  Economy / Economics / Re: Is it better to save money or invest it? on: July 13, 2015, 08:15:29 AM

This is false, you forgot the third option. You can save your money in form of BTC , put it in a cold wallet and that would be the safest and top notch security to secure your FIAT however there would be always a volatility issue to consider if you are considering to save your money in BTC. Your saving could either be 50 % than the first time you saved them or double fold of the amount due to this issue but if you only look to save then BTC is the best place for it ( also an extra bonus for you if the price increases to 4-5 figures )


I think that is exactly the reason why keeping money in bitcoin wallet isn't reasonable. Why do people save? To enjoy their money at a later time when they don't have much, in case of emergencies, etc. Assuming a person keeps all his money in btc wallet and if he's really low on luck and the market crashes, what will he do then? What if he is facing an emergency? His money will be fucking gone. Btc is an investment, not a place for saving money
819  Economy / Economics / Re: Uber says denies plans to accept bitcoin payments on: July 13, 2015, 08:08:08 AM
Sooner or later Uber will start to accept bitcoin, I am sure of this thing... maybe not this year even the next but in 5-10 years a lot of services will start to use/integrate btc.

that's our target, to force these companies to accept bitcoin and once they do, there will be a lot of great hype and more companies will start adapting, interests will peak and a lot of great, positive things take place. The reason why a service like Uber cannot accept bitcoins now is because they are all about maintaining IDs and proof for security.

If they are so much into maintaining proof and ID, why don't they keep a check on their drivers too? There have been so many news when Uber drivers have been involved with crime? Do you know a girl in India was raped by a Uber driver? How fucking pathetic is that, they expect people to pay them and trust their brand, but their own drivers pick customers from the location and rape? I don't think I can ever use uber again.
820  Economy / Economics / Re: Video: Bitcoin - The New Gold Standard on: July 13, 2015, 08:00:54 AM
Video is very nice. Liked how he discussed more about the bigger picture than just the features it has like mining, cryptography and the mysteriously creator Satoshi. The explanation of the role of money was also very accurate, and explaining bitcoin in 15 minute is a hard task but he did it very easily. The focus on scarcity being important to keep track of money  Grin Must watch.
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