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861  Economy / Economics / Re: Why PEOPLE are so dumb ? (Greek Paypal/Banks closed) on: July 10, 2015, 02:00:45 PM
and even if bitcoin is better than fiat money then also do you think it is possible to mange day to day expenses with bitcoin.. i dont think soo.

First of all, yes, bitcoin is better than fiat money any day, every day. Yes, it is possible to manage day to day expenses with bitcoin assuming there is already a mass adoption taken place as you are comparing it with fiat.. When people can accept cash in grocery stores when there was fiat, they can accept bitcoins too. just like you swap credit card, you can swap a bitcoin card. Its easy peasy.
862  Economy / Speculation / Re: Calling a five months target at $211 - next prediction on page 6 :) on: July 10, 2015, 01:54:48 PM
So, anyone is profiting from following this post?

Don't think so. We did not know it was so accurate.

Yeah, man I can see all those people who probably had a doubt in their mind or were pessimistic when read this post go like,'Oh fuck I should have bought, should have hold, should have this and that'. LOL. Y'all just gotta deal with whatever is happening, play smart moves and get in there. The problem is people think too much with their important money, so invest money you won't mind losing.
863  Economy / Speculation / Re: Monday bulls on: July 10, 2015, 01:54:07 PM
People  should better start buying bitcoins before it gets too late. You don't want to live your whole life with the regrets , do you?

My friend is waiting for the price drop and then going for a big buy, and I am also advising him regarding when he should buy. I advised him to buy at 260 but he didn't and poor guy missed it. Now he tells me he would listen to whatever investment instructions I give him lol. I think it is best to invest btc slowly than go for big buys. And diversify the investments, it is the best option.
864  Economy / Speculation / Re: How much BTC is enough? Do I have enought to be a millionaire soon? on: July 10, 2015, 01:43:12 PM
Bitcoin would have to hit 10000 a coin for you to have a million and will that happen soon.
Unlikely no one knows how the government's will fully react and what laws they will place or if taxes will be raised on bitcoin to fiat bank transfers.

I do believe its like a 5% tax on Americans.

However excited you might be of the fluctuations and the spike, it will go down like it always does because neither is bitcoin nor are these countries ready to actually experience a legit digital currency lifestyle completely. People are still attached to banks and still trust them, it will take time for the eyes to open, then bitcoin mass adoption will happen and only then such a huge and constant spike can take place which results in this guy being a millionaire.
865  Economy / Speculation / Re: Price of Euro after grexit? on: July 10, 2015, 01:40:56 PM
Greece is not the only country in the Eurozone with debt issue, I believe France, Spain, Portugal, Italy all could potentially be in simialr situations in the not too distant future.  Greece is only the beginning of this.  Seems like those calling for worldwide economic crisis might not be too far off...

Yes, and that means that not only is the Greece dead weight right now but so are these countries (atleast to an extent) in the euro zone. The funny thing is that if all these countries are kicked out of the euro zone which is highly unlikely to happen, then euro will be fucking weak and fall down. And if these countries still are in euro zone, they will just be leeches and make it weak slowly. Either way, Euro is possibly the first currency which we will see collapse
866  Economy / Speculation / Re: WTF is happening??? on: July 10, 2015, 01:37:53 PM
one minute ago, I see the price hit 280, several minutes later, I saw 320, what happened? Did all Chinese stock investors lose confidence in stock market and run into bitcoin?

If literally 'ALL' Chinese stock investors run towards bitcoin, you're going to be a fucking BILLIONAIRE if you have enough btc with you. However, I don't even think there is enough btc for ALL of the Chinese stock investors to buy, and if it is, well, fuck then, it would be the biggest spike ever and every bitcoin price will shoot so fucking high, higher than the moon actually.
867  Economy / Speculation / Re: Bitcoin hit $280 on: July 10, 2015, 01:31:10 PM
BITCOIN HIT 290$, the only way we going is up babay. Haha, I think its a spike, and the price will come down after a while if constant trade does not continue and major events don't take place, I would also conclude that regardless of whatever happens, hold it in and wait a little longer before you let go for some quick buck. Good luck to all of the bitcoin community!
868  Economy / Speculation / Re: Bitcoin goes to 1200-1300 within a month. on: July 10, 2015, 01:26:38 PM
In some day Bitcoin will rise again. You can be sure that one crazy guess will be right. So take your change. If you are right you'll be the king Wink

Bitcoin has already increased so much this month, last month there were so many posts regarding how bitcoin is dying, how it is a hoax etc and now that bitcoin is actually hitting close to 290 dollars, these troll boys are nowhere to be found. Most of these trolls are either losers at gambling or people who did not hold and cry out here like a fucking disgrace to the adulthood.
869  Economy / Speculation / Re: Forget the Greeks... on: July 10, 2015, 01:17:46 PM
I think that the point being made here is that there is a lot of shit happening the country, everybody is trying to suck in profits and don't give a fuck about the growth of economy or the money of the citizens. Banks never really gave a shit, never do I think they will ever give a shit. Bitcoins can actually shape the economy and protect the rights of the citizens properly. So Forget the Greek situation, think for your own self now.
870  Economy / Speculation / Re: Bitcoin goes to 1200-1300 within a month. on: July 09, 2015, 05:41:25 AM
If somebody asks for a speculation to me, I would expect that bitcoin will slide a couple dollars up and hit 300$ mark soon. After a few months, it will slide down too. There will be fluctuation like always, but if major events constantly happen than involve bitcoin somehow (Greece economy collapse), then bitcoin might be of use very soon to much more masses and the value will multiply like crazy.
871  Economy / Speculation / Re: Another 80 million casuals just came online on: July 09, 2015, 05:35:52 AM
That's a good news for Germany .  But it also depends on the germans' potential to buy it. ETN which is exchange traded note needs to be taken care of. With the introduction of ETN in Germany and the rest of the world , people can trade online .The idea proves to be so much convenient for Germans. If i was a German , i would have been feeling optimistic about this opportunity.

Yes, it is great to see good exchange activity in German. That's how it should really be, and I expect that such trades should be a common activity for Germany, because Germany economy is strong. It is capable to achieve even great heights if things continue to progress ahead just like this. Its a pretty nice country too, I've been there once and had a chill time  Kiss
872  Economy / Speculation / Re: Speculation: Greece abandons the euro and adopts bitcoin on: July 09, 2015, 05:13:49 AM
this is just a dream by bitcoin users wishing to see the moon. i doubt that i can happen.
bitcoin is in its early stages and not still ready to be mass adopted. besides the government will not allow such thing because they can not control it and they are always better off printing their money .
on the other hand people are not ready and knowledgeable enough to accept bitcoin as their currency and for their day to day usage. there is a lot of old people who are confused to even use an ATM , let alone using bitcoin or a computer for that matter.

Yes, neither bitcoin is prepared for such a mass adoption nor is any other country to adopt it just yet. To have such an economic evolution, there should be massive changes at all of the different perspectives of the country's economy. It is not so easy for a whole country to go digital and adopt a crypto currency. It takes time, let's think less about profit but more about the bitcoin culture Smiley
873  Economy / Speculation / Re: [FANTASY] What if.. the Greek people choose Bitcoin/Crypto as a currency? on: July 09, 2015, 05:07:40 AM
Don't you think that's like the best thing they can do to themselves? Adopting Bitcoin as their currency. But unfortunately , Greece doesn't have the kind of infrastructure to support the decentralized Bitcoin system.

Assuming they did have the ability to sustain bitcoins, I assume that the reason the Greek economy collapsed was because they couldn't fucking afford euro. They still went through with it and fucked it all up creating a huge debt. I don't understand if it would be a logical solution to choose a currency which will multiply 55 times just as they adopt it. The increase in price will screw them over again, do you think they have that much money in their reserve to even fucking buy enough bitcoins to make it their national currency anyway?
874  Economy / Economics / Re: What is bitcoin backed by? My favorite answers on: July 09, 2015, 05:01:53 AM
I loved reading the answers from this thread, it has helped me have a better understanding of bitcoin myself as well as a reference for me to use when I am helping other people around me understand the working, the built and the adaption of bitcoin at a wider perspective. I often had nothing to say when people said that bitcoin isn't real, anything which a lot of people value is as real as it can be
875  Economy / Economics / Re: Iceland Recovering Fast in Europe After Jailing Bankers Instead of Bailing Them on: July 09, 2015, 04:58:59 AM
That's the way to go about it. Imprison them all, take all their benefits, confiscate their property, make them pay back every single penny they have fraudulently obtained from hardworking tax payers. Stop bailing out private banks by using tax payers money.

When it comes to bankers, I would gladly re-introduce a death penalty. That would make them think twice before they embark on yet another fraudulent Ponzi scheme.

Either they respect you or either they fear you, that's the only way to get shit done. All these banksters who think they are the real deal, looting people while sitting in their big offices, wearing shiny suits, controlling the minds of how people really need things.. Don't give them the joystick to your life, don't let them control you. Its time we shift to bitcoin, banks don't deserve us.
876  Economy / Economics / Re: Why have Bitcoin instead of cash? on: July 09, 2015, 04:52:08 AM
cash are not that easy to use in different countries, you need to exchange them everytime, a pain in the ass, bitcoin is a global currency, and very easy too move also

and cannot be faked like cash so easily, add on top of this, the less fees required...

I can use my mastercard in a lot of contries without even knowing what currency they have.

The mastercard you own has electronic money, which is used from it. This money is recorded and the debit and credit takes place at the bank once the info is received. What the comparison is about, is between paper money which is notes of dollars, euros, yen, etc. These notes hold very less price value, easily destructible and are centralized. They can also be tracked.
877  Economy / Economics / Re: Can bitcoin help the world's unbanked? on: July 09, 2015, 04:43:56 AM
Bitcoin is the easiest form of currency to accept, so clearly it's going to be good for those who want to avoid the whole process of verification with bank, specifically criminals for that matter. If banking isn't in stable conditions (for example Greece), then Bitcoin is absolutely dire. Bitcoin helps those unbanked, and those with "corrupt banks".

I think the association with criminals and bitcoins has really affected the image of bitcoins. I wish there was something which could be done to stop access of bitcoins to people being involved in criminal activity. With all the advanced technology, all the tracking systems and algorithms, is there something which could be done to stop such malicious activity or we let it go just because it brings in more trade? :/
878  Economy / Economics / Re: China markets, WTF!? on: July 09, 2015, 04:41:52 AM
Hey.  Never published anything before.  But i just somehow published 2 articles.  All speculation but i bring up original thought or at least valid points on the matter, i think


http://altcoinpress.com/2015/06/bitcoins-recent-morph-into-an-entirely-new-animal-in-embryo/
http://altcoinpress.com/2015/07/tin-foil-hats-duck-duck-goose-and-what-it-means-for-bitcoin/

Would have definitely given a fuck to read about your articles if they were relevant to the topic, stop promoting your content here and promote it at places where people want to read about that stuff. You started a thread and now you are posting these links wherever you can, I see your activity post. It is not right thing to do, moderator will ban you if you are reported Smiley
879  Economy / Economics / Re: Greece timetable before Sunday on: July 09, 2015, 04:38:31 AM
At lease if you got some bitcoin you want to invest in some property in Greece there has been a 30% drop in property prices so it could be a good time to buy a villa in Greece, http://money.cnn.com/2015/07/08/real_estate/greece-debt-island-real-estate/index.html?iid=obnetwork

lets see what happens on sunday maybe prices drop even more.

LOL, I would never invest my money in a place which seems to be so unfit for living. It was a beautiful country and all, but the people were always lazy. You gotta admit that. And also, with the economical collapse, the reason why prices are going low is because Greece is losing importance in its own land, you think people from another country would invest in such a place? Me personally, oh hell naww
880  Economy / Economics / Re: China markets, WTF!? on: July 08, 2015, 11:44:11 AM
The Chinese market has crashed down with 30℅ of its stock. Bitcoin is taking up the opportunity in the area of worries , where it is helping itself and the investors. After Greece crisis , people should be well aware of the benefits of Bitcoin.
Is that means that, this is the time to introduce Bitcoin to the WORLD? Cool

I guess it is the time to unleash the dragon, let the world fall in love with this dragon. A dragon cannot be controlled or mastered, it can only be of aid. It will help you and protect you, but you can never control it or cage it. You cannot stop it, you cannot damage it. Its  fucking untouchable. That is exactly how bitcoin is and should be, and its time for the world to know about the power of BITCOIN Grin Grin
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