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841  Economy / Speculation / Re: Stop buying! on: March 11, 2017, 04:40:27 PM
The drop of the price is not so much to start to buy bitcoins. I am waiting for the fall under of 1000$ to buy couple mBTC, before that I will not even move.
842  Bitcoin / Mining speculation / Re: Mining are profitable or not?? on: March 11, 2017, 04:34:01 PM
If you don't have money to invest in mining, to buy the necessary equipment, the price of the most productive once cost more than 2000$. Overall, you will not be able to get rich by bitcoin mining at home, unless you intend to buy a lot of equipment or in your area the electricity is expensive.
843  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: March 11, 2017, 04:16:44 PM
I can understand that kind of people who prefer to store their bitcoins. i can call myself one of them, but unfortunately I just began to store and the amount that I could save is very small for now. I cas out the biggest part of my bitcoins almost monthly. It really support my life in the financial area. On the internet and in blogs about bitcoin I read many optimistic prognoses about the price for bitcoin. People say that the price will go to 10000$ in some years. So, I am ready to wait to earn on this rise  Smiley
844  Bitcoin / Bitcoin Discussion / Re: What will happen to bitcoins in an online wallet with lost password? on: March 11, 2017, 03:36:34 PM
I don't think that they would be issue if you lost your password in an online wallet. My online wallet I'm using will make you enter you email or the phone number you used to register and then they'll just send a verification code to reset your password. The problem arises here if you change your phone number and forgot to update the information in your online wallet. Or if you can't remember the password of the email you used to register in your online wallet. So make sure you don't lose both information.
It's all ok if you forgot the password and the site sends it to your e-mail. But I am wander what to do if a person died, for example? How in this case take his bitcoins? Maybe this bitcoins stays unlocked forever? Does anyone have an idea for this point?
845  Bitcoin / Bitcoin Discussion / Re: Bitcoin has no competition on: March 11, 2017, 09:44:44 AM
Yes indeed. Bitcoin has no competition because it is the main and still the most used cryptocurrency in the market. I don't think that the altcoins are competitors because they can't be a competitor since they are just created because they stole ideas of bitcoin and they can't stand alone without bitcoin.
I am agree that today bitcoin is on the top among other crypto currencies. I count all this as trying to repeat the succes of bitcoin, but till now no one could come even a bit close to bitcoin's results. That is today's situation and who knows what is going to be in future?! I support the idea that one day it may appear another crypto currency which will be able to solve all minuses of bitcoin and become mass adopted.
846  Bitcoin / Bitcoin Discussion / Re: What were your experiences with Bitcoin when you first started? on: March 11, 2017, 09:40:48 AM
I started playing in the dice game But I still a new in gamling I do not have experience.

I already don't remember exactly how I first found bitcoin, but today it really become the part of my life. I was searching for a way to make some extra money and first couple months I was killing allians in the well known game and it heleped me to make some basis in bitcoins. But very soon I found out that gambling can bring much more profit and concentraded on this only.
847  Bitcoin / Bitcoin Discussion / Re: Bitcoin in Asia on: March 10, 2017, 02:29:58 PM
Bitcoin is international currency and exactly in Asia it's the most developed, especially in China, where the number of bitcoin usersand miners is the biggest. I think exactly in this region bitcoin will be mass adopted firstly in the world and on this exaple other countries will start to adopt bitcoin as well.
848  Bitcoin / Bitcoin Discussion / Re: [Graphic] Bitcoin vs. The Government. on: March 10, 2017, 01:14:40 PM
Full reasons to adopt bitcoin and left the old fiat. But we must say bitcoin isn't ready for a mass adoption yet. If a whole country starts using the crypto currency we won't be able to do all the transactions and it will be worthless like bolívar or any other currency like this.
Theoretically bitcoin is perfect, but on the practice we are facing some issues very imminent to be solved.
That'r very right words. I also thing that bitcoin is not ready to become international payment istrument yet. Yes, it's coming to mass adoption, but too many things waits for bitcoin before to become so really. I think this year is going to be the best year in bitcoin's hystory - it will appear many new places that will start to work with bitcoin directly and the necessary laws of government's control will appear. And all of this will move bitcoin much closer to the mass adoption.
849  Bitcoin / Bitcoin Discussion / Re: BLOG ON BITCOIN on: March 10, 2017, 01:04:53 PM
I have created a new blog on bitcoin which is written in simple english
those who are new to bitcoin will surely have an idea about bitcoins.
the link is
https://rajasumi.wordpress.com/2017/03/09/bitcoin/

comments and criticism are welcomed .thank you.
It is good blog but there is nothing which is already  not available on internet.You should consider to buy a keyword rich domain and optimize it for search engine.A unique content is the king but if you are publishing something which is already abundantly available,at least optimise it differently
I am agree. You need something that will make your blog different from blogs about bitcoin which look totally the same. In onther case the number of visiters will be very few. Good luck!
850  Economy / Speculation / Re: Bitcoin Price March 2018, March 2019 and March 2020 on: March 09, 2017, 05:15:48 PM
To me it's a bit strange to see such kind of predictions from newbie, sorry. Add to that there isn't any real sources and facts, which would prove this calculations. Now it looks just like I think that the price for bitcoin is going to be 5000$ next year, just cause of I think so.
851  Bitcoin / Bitcoin Discussion / Re: Bitcoin mining centralized on: March 09, 2017, 04:48:17 PM
I think it's wrong to call bitcoin centralized only cause of miners. Miners just mine bitcoins and that's it, they don't control it and add to that bitcoin is limited by 21 milions. So while there is bitcoin it will be work for miners and who knows what is going to happen when all 21 milions will be on hands of users. How it will affect on bitcoin and it's price?
852  Bitcoin / Bitcoin Discussion / Re: The reason why people do not get Bitcoin. on: March 09, 2017, 11:49:03 AM
Most of the people still don't know about bitcoin, because it is a online money still some part of this world don't have any internet specialties. If bitcoin become the world currency one other other way all the people will get bitcoin.

 

Not only online currency many people doesn't know the knowledge of this new technology. Only a few people who are making money through online still believe the bitcoin. Even I tried to explain about bitcoin to grandpa, he still says bitcoin is not completely legal currency so stay away from it. Many millions of people still don't believe the bitcoin.

I can understand your grandpa, to old generation people who passed through different financial pyramids in 90-s and early 00-s such easy money as Bitcoin seems as new for of scamming people.
I prefer to explain bitcoin as digital gold, it really have many thins alike gold and that kind of eplain seems as the most easy to me. In other cases I make my doubt people sure that I don't invest anything in that and just take money by fact, so in the case of the pop I will not loose a thing, only a good way for underworking.
853  Bitcoin / Bitcoin Discussion / Re: SegWit (25.5%) vs Bitcoin Unlimited (25.2%) on: March 09, 2017, 11:10:48 AM
Dont let the cartel from Roger Ver and Bu altcoin take over! Fight. Of course chinese miner wants bigger blocks so they can mine more blocks then people outside the china internet wall.
Yes, I even have heard some ideas of Chinese monopoly for bitcoin mining. I hope it will never happen, cause it's just not fair.
And if to talk about this results that there are in the head of the topic - the difference is just 0.3% and we can't count it as something serious.
854  Bitcoin / Bitcoin Discussion / Re: Which one will you used? on: March 08, 2017, 06:39:36 AM
In the situation if it would be any shop here that accpet bitcoin I would gladly pay with bitcoin and no matter how I would pay for an apple.
Do you know about psychology of easy money and hard money? (Easy money spended fast and hard money - it's hard for you to spend it so easily) Bitcoin is easy money to me, so in the option that would be shops that accept bitcoin I would pay there with bitcoin. I think that method only would stimulate all bitcoin's economy and would help bitcoin to develop and rise it's price.
855  Economy / Speculation / Re: instead of repeating "dump" get your hands on some money! on: March 07, 2017, 12:24:55 PM
these days i keep seeing people saying without stop that there will be a dump, crash and all the other synonym words in the dictionary.

all of you who are saying these things, instead of saying them just go get some cash to buy bitcoin in case your prediction happened. unless you don't even believe what you are saying is true and just spamming it in hope of a dip so that you can buy 5% lower than the current market price.
I am on the site for a year and I learnt to not trust everything what I can reed here, especially in the area of "speculation". The fact is bitcoin limited by 21 milions and than more people sell bitcoins, cause of they heard about some new "dump", then more speculants collect bitcoins. And fact number two - the price for bitcoin is not stable and it is bitcoin's nature to go up and down. In the case of some new fall the price will continue to grow back. If you don't believe me - just look on the graphic of bitcoin's price from the most beginning.
856  Economy / Speculation / Re: 1 Bitcoin (2000-3000$) Worths 1 Carat Diamond - Don't Sell Your Bitcoins on: March 07, 2017, 12:11:56 PM
Everybody know that it's better to keep bitcoins, if only you don't desperate need money, because of the price keep growing. I expect to see 2000$ price during this year, cause of all my seeking for bitcoin showed that the price get doubled every year.
857  Other / Off-topic / Re: Young people should go all in on bitcoin on: March 07, 2017, 08:18:13 AM
Though bitcoin is getting more popular now but I do not see we should fully gamble with it. We do not know the future and anything could happen, when it comes to investment there should be a control that must be done and only put a certain percentage of your savings to investment.
Anyway if you will be successful, you cannot only double your money but you can have more than that so if you lose you will only lose a little portion of your savings.
That's right. I like the idea of underworking with bitcoin for teens, but to put everything on bitcoin sounds just wired to me, young generation become easy addictive and it's known fact from the basic psychology. So no gambling or investing or trading for youth people. But commenting for the campaing can become really good way to make free bitcoins for teens.
858  Economy / Economics / Re: Bitcoin is no longer a currency on: March 07, 2017, 08:00:39 AM
Actually bitcoins is more than a currency ,Its has all over use within online transactions everyday bitcoin mainstream has begun we don't know how big companies to a research for improving and adopting bitcoins as their use . Perhaps bitcoins is more on medium of exchange now as many people make transactions everyday , Bitcoins has many aspects and it depends on how people use this .
Bitcoin doesn't become mainstream yet, but it has all chances to become. I think this year is going to be the best year in bitcoin's history, it will appear many places which will work with bitcoin directly and that will only increase it's popularity. Bitcoin is currency and that things that are going to happen with it this year only will concrete this status of bitcoin.
859  Economy / Speculation / Re: Looks like we are going to test $1,300+ on: March 06, 2017, 04:02:38 PM
The bitcoin exchange rate continues to show growth. Overcoming the level of 1180$ provoked an additional boost for further growth. Many speculators are seeing a similar picture and decided to connect to the game. At the moment the course reached the historic highs.
There are no any signs of the market weakness now, so the growth is likely to be continued. Goals can be within up to 2000$, this figure can be achieved in the period from one to three months. Driver will be the influx of new liquidity in the form of new players.
860  Economy / Economics / Re: Which one is good, trading or investing? on: March 06, 2017, 03:56:39 PM
As far as my personal opinion goes, I'd say invest the majority of your coins but also try engaging in trading.

I haven't had the chance to do trading myself because I'm still in the process of learning it and I'm still not quite ready.

Yes, you are moving in the right direction because there are many people who are losing their money without any knowledge about trading. After getting the confidence you can try with a small amount of money in trading, even though you lost don't worry about it because losing will give you an experience.
it's hard to give advices to a person who didn't try as investment as trading. I think you have to try any kind to decide what suits you the most.
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