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8281  Economy / Economics / Re: Big Crash coming on: November 28, 2016, 05:53:35 AM
Were on a stable price this month. Big crash may occur next year or next next year  for now let enjoy the current bitcoin price. Big crash will not happen this year.
Why you guys thinking of the big crash, it will not happen again. We are more stronger now and we are moving to the right direction, instead of thinking that, why not just support bitcoin.
8282  Economy / Speculation / Re: I will not Die Untill Bitcoin will reach at Least 50K on: November 28, 2016, 05:51:32 AM
Bitcoin will reach a million dollar each and I am positive.
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Hence if the target market is the whole world a 1 million dollar price per bitcoin is not far from reality.
A million dollar per bitcoin? I think we all will be dead because this can't happen in next 100year+ for sure. Not every person in the world will save their money fully in bitcoin or even all of them will know about bitcoin over next few hundred year. Look at some developing and underdeveloped countries or even remote areas of developed countries, where still paper cash are being used instead of banks and still lots of people think online banking/ATM machine as scary things and not secure.  Grin Grin
yes that is a fact that it is not possible in next some decade that the price of bitcoin will reach to such a high price, and if bitcoin price reach to that high then how can people will able to purchase it, i think only those people who are holding it will be able to sell it but there will be not buyer to purchase bitcoin in such high price.
You don't understand what you are saying, the we are not purchasing the volume or number of bitcoin, we are purchasing its value. If it goes high then it's good for us as that would prove we are progressive here.
8283  Bitcoin / Bitcoin Discussion / Re: FUCK! The Bitcoin is dead again. This time for sure. on: November 28, 2016, 05:03:15 AM
Hopefully the leadership will improve because as the price continues to rise, more people will jump into invest. We don't want the bubble to burst anytime soon.
What leadership are we talking about, it's our leadership because we are dictating the price of bitcoin.
8284  Economy / Economics / Re: Why do people keep saying BTC is dead?! on: November 28, 2016, 05:00:40 AM
Well i am guessing that those people who keep saying Bitcoin is dead are the people who can not comprehend to Bitcoin price. Maybe they are thinking that because of the High Bitcoin Price today then lots of people will not be able to afford to buy 1 whole Bitcoin.
They are blind maybe, bitcoin is so much alive and I can see that clearly. That statement has no basis, and only those believer will be able to know the real status of bitcoin.
8285  Economy / Economics / Re: What percentage of people on Earth will own Bitcoin by 2020 on: November 28, 2016, 04:57:31 AM
The percentage is going to be low and stay low for a long time. Even if bitcoin becomes more mainstream, there are still many poor countries where people don't have access to computers or cell phones. Also many people will not trust bitcoin enough to put money into it.
Well, I know it's low but at still we know we are increasing, we cannot get the half of the population as bitcoin can be complicated for majority of people.
8286  Economy / Economics / Re: panic selling on: November 28, 2016, 04:54:06 AM
i think now its panic selling, i see on the poloniex market, there is a new trend to go down, i am not sure it is just correction or for sure, but i hope this is just correction and after this, the price is increase.
poloniex is altcoins exchange indeed since bitcoin price reach to $700 above market trend has been change for altcoins became an down trend but for bitcoin price from other exchange  i think there is no problem
as most of the people invest their bitcoins in alt coins as investment, but when the price of bitcoin start increasing they try to convert them in to bitcoin and hold bitcoin for the price increase, and that is the reason that the price of altcoin fell down.
Thats the way it goes,if bitcoin price goes down ,altcoins prices goes up ,and when bitcoin goes up altcoin price goes down until they will end up dead.
it will be depend from its uses bitcoin is not relying with alt coin trading because bitcoin already have many useful things that offer, example are the casino's and some internet base business who also allows bitcoin as their mode of payment the more adoptions happen the more bitcoin will increase its value and another thing is when more and more new investors to ride and join the investment, so basically bitcoin will keep pushing up from time to time no need to panic just hold if you want to earn bigger.
I agree with that, the demand will increase in the future as bitcoin is going to be big. We can tell already like how the business are exploding now especially the gambling sites, they'll have a great market for bitcoin.
8287  Bitcoin / Bitcoin Discussion / Re: Great way to make Bitcoin! on: November 28, 2016, 04:44:22 AM
Government-issued currency is not worthless, because you currently need it to pay important things like loans and bills. My utility companies and credit card company won't accept bitcoins...although hopefully one day they will.

Government issued currencies have value just because government says, so governments have the right to change/alter currencies and its values and hence they have full control over it. Now while talking about bitcoin, we know that it is free from third party interference and hence the price cannot be altered by third parties. Now even though some sites started accepting bitcoin, I think the offline companies will do the same soon in future.
Government issued money call as legal tender and bitcoin was not created by the government so in the future it's still the money that is we are currently using now will be use by the people. Bitcoin is only good for online transaction.
8288  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: November 28, 2016, 04:36:44 AM
hope it's come true over the world..
Still many days to count on.

It will come true only by contributing in building awareness about bitcoin and cryptocurrency technology. We as an individual user should create awareness among our friends and family, we should inculcate the payment technology of future in our kids so they will find it easier to deal with it. If we want bitcoin to come up as a global currency then we must build a global user base and for that, we can take responsibility of our own town to make more and more people aware of this technology.
It's been already, we can transact online from people in different nation. I guess that simple act, we can call bitcoin as a global currency already.
8289  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: November 28, 2016, 04:32:55 AM
I think that bitcon cannot replace dollar. Bitcoin will just increase it's value and can be add as one of global currency but not to replace dollar. I doubt about it. Am sure America will not agree with that.
It can't dollar is a big currency from a big country, we will always be an alternative and we cannot have our own value without fiat.
8290  Bitcoin / Bitcoin Discussion / Re: So, why do we need to use Bitcoin? on: November 27, 2016, 11:46:12 PM
yeah we need to use bitcoin because bitcoin is very famous and stronger currency and bitcoin is very secure currency and maximum people want to store their money in bitcoin because bitcoin is safe currency.
how can you call bitcoin is a safe haven currency while prices dangat beganti sooner or arguably fluctuate? What do you think if someone asked about this to you?
I think bitcoin not exactly safe because the risk is high
I don't get what you mean by the words I highlighted, you are suppose to check your post before hitting enter.

Anyway, it's real that bitcoin fluctuates and by putting your money in bitcoin it's already a risk, so no safe haven for me.
8291  Economy / Economics / Re: Trade house for 1 bitcoin on: November 27, 2016, 05:58:47 AM
Don't hold your breath.
It will be a long time before Bitcoin hits five or six digits, if ever.
We need a lot of new users and a huge advancement in the technology- faster transaction times etc
before that will happen.
you're right hahaha that's why 1btc for a house will never happen i think im already dead if thats happen. right now i could buy and appartment 90k usd and thats a huge price that's why im still savings so when i have already my own family i could get them a house so we can live in harmony. and still ihope bitcoin is there for us so we could still write the future more bitcoins investor the more bitcoins will grow
It's going to happen in the future, what if the price will rise up to $100,000? You can but a house then, but the question is can we still wait for that price and hold our bitcoins?
8292  Economy / Speculation / Re: I will not Die Untill Bitcoin will reach at Least 50K on: November 27, 2016, 05:50:53 AM
The theory behind a $50k Bitcoin is that the USD will become so inflated, that eventually Bitcoin will be worth a five digit figure in USD. When this happens, another currency would replace the USD, I speculate it to be gold.

However, I am quite sure that the USD will be dumped long before this happens, because that is what happened with the Zimbabwean dollar.



Unlike your theory  my hypothesis moves in a different and opposite direction as you do.  Bitcoin will reach a million dollar each and I am positive. Zimbabwe dollars is just limited to their country but bitcoin has no boundaries it can be accessed and used all over the world. Hence if the target market is the whole world a 1 million dollar price per bitcoin is not far from reality.
If bitcoin will increase it's value to that level then well and good, who would tell that it will happen or not, we do not see the future. We just have to play with it and invest what we can.
8293  Economy / Economics / Re: How much money do you have left from your job? on: November 27, 2016, 05:46:57 AM
Mine is half of a BTC, very small amount since I  do not have a big income really. But the good news is that I do not rely on my job only, my main job is here online and I do trading as my passion and my main job.
8294  Economy / Economics / Re: Why are Venezuelan not switching to Bitcoin? on: November 27, 2016, 05:40:55 AM
Well theres probably a lot of countries that dont use them to the same level of venezuelan
Time will just come they will follow. If bitcoin is increasing its adopters, there's no way they will resist the opportunity. They can integrate business in bitcoin.
8295  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: November 27, 2016, 05:30:06 AM
I think bitcoin is big in China and India, as well as the US. There are lots of other countries where bitcoin is being used such as European countries, Australia, and South American Countries. I think it is worldwide but not used by a large percentage of people.
Seeing it's big in china and america is already a guarantee that bitcoin is going to last and be successful in the future. Small countries will just follow anyway.
8296  Economy / Economics / Re: panic selling on: November 27, 2016, 05:25:19 AM
Panic selling means theres no tomorrow for bitcoin to up again.panic selling makes bitcoin price down day after day,and no chance to rise up again.
I don't see that happening anytime soon, the price is great so there's nothing to panic. Let others do the panic but we hold.
8297  Economy / Economics / Re: Will governments create their own cryptocurrency that will replace fiat? on: November 27, 2016, 05:16:45 AM
for the time being the banks are doing it, they are trying so hard to separate bitcoin and its blockchain and only use the blockchain technology to their own advantage and create their own altcoin.

lets see how successful the will be and how they are planning on using it. then we can talk about the next step which is a real national currency.
I will tell you early, it's not going to be successful. Banks has lost its trust by the people since we are not confidential in banks as we think. In bitcoin we are anonymous, we can protect our asset well.
8298  Bitcoin / Bitcoin Discussion / Re: Bitcoin Worldwide! on: November 27, 2016, 05:10:57 AM

I totally know that feeling, it is like we are introducing poison or illegal things to them, they really consumed by the news and under estimate the bitcoin potential, i think it is their lost not to know bitcoin, and in the next 5 years the bitcoin community will grow bigger and we will be enjoying our bitcoin result and all of the one that missed the bitcoin is going to regret it


The reason we're all pushing bitcoins is to make maximum profit after converting to fiat.
But if the whole world turned to btc, there will be no fiat to convert to and there will be no profit.
How enthusiastic will you be about btc by then?

That is only your assumptions and in no way fiat will be gone. The banks are only recycling the money, once they take it they can always lend it. I think it is not realistic.
I don't like the idea that bitcoin will  be worldwide an be use by the people, there's no equality on that and that will only happen if the government will loses it's power.
8299  Economy / Economics / Re: Do you Still believe in Fiat? on: November 27, 2016, 05:04:33 AM
I feel like a noob since IDK what Fiat is

Can anyone give me some reading sources, im a big dummy
In the first place you shouldn't be here, you are insulting your self. It's online mate and every information is possible, you need to learn it as it just requires you some initiative to do.

The answer is research.
8300  Economy / Economics / Re: Bitcoin worth to you or not... on: November 27, 2016, 05:01:19 AM
It's hard to say that it's worth it right now because overall I have lost money. I think in a few years I will be able to tell based on whether I have made money or not. My guess is that I will make some good profits as the price continues to increase.

One should invest only as much as he can afford to lose so I you still believe in this bitcoin and crypto currency technology then you should consider your loss as a fees paid to learn lessons. It is time for you to use your knowledge and experience for yourself and your friends and family. If you can still afford to lose then I would advise you to keep going because ultimately it will pay off, either in the way of monetary returns or a great experience in this field or both.
Talking about investment, it's a different level of making money and more ambitious and these people who are in investment already understand it.
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