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8641  Economy / Speculation / Re: Longest period of time with Bitcoin over $800 ever! on: January 01, 2017, 08:54:44 AM
Bitcoin was over $800 from 26th November 2013 to 6th December 2013. So 11 Days.
Now is over $800 from 21th December 2016 so 10 days. One more day and we will hit the longest streak with Bitcoin over $800.

yes its true and i am agree withyou, i think the price is really slow to get increase and meanwhile the price is going to fluctuate for going up and down in everyday. but i hope in the new year moment, the price is going to be up especially in chinese new year in february.
8642  Economy / Trading Discussion / Re: The Best Time to Become a Trader on: January 01, 2017, 08:52:28 AM
Before You can start trading, you have to analysis current market trends.

and before you make the analysis, its better you learn about trading so you can have knowledge before start trading because without learn of trading and how to make analysis, you can not make a good profit and you only spend your money for nothing.
8643  Bitcoin / Bitcoin Discussion / Re: How to convince my dad that Bitcoin is a trustful currency ? on: January 01, 2017, 08:50:58 AM
it is a simple matter. give your father a bitcoin wallet address. after that fill some of the bitcoin. then tell your father to buy some goods with bitcoin. it is very easy course. to do and practice directly to make things easier.
but to me i think it depend on your father's age, education. nature and interest, if he is education and having good knowledge about internet and computer then he will understand you very soon and will convinced. but if he has no computer and internet knowledge then it is difficult to convince him about to use bitcoin instead of fiat.

Not really, ask him should he invest in something that rises from 0.1$ to 1000$ and he would give you a big yes at least my family encourages me rather than pulling me back.

its good suggestion but as your dads is not yet believe in bitcoin that can be another investment, i think you don't have to push him to buy bitcoin but i think you can give the proof about what you are done with bitcoin and you can give your dads that you are really make money with bitcoin so i am sure that your dads will be believe and want to start to use bitcoin.
8644  Economy / Gambling discussion / Re: Should I invest in bitcoin casinos? on: January 01, 2017, 08:48:44 AM
I never invest in casino because a friend told me that the sites that accept investment are usually made to scam later.

not really true because as far as i know, there are many casino website gambling that is good recommended by member here and there are many people invest their bitcoin to them and the can get real profit. but we should think twice before we want to make investment on the gambling site and use the money that we could spend.
8645  Economy / Economics / Re: Tell me your predictions about Bitcoin on: December 31, 2016, 09:54:30 AM
I predict $1000 US tonight, like in the next 7 hours.

i think the price will not be $1000 US but lets hope it will be happen tonight. i see on the chart in poloniex market, the line is going to be stagnan or maybe it will get down in a moment before its break another price and increase high.
8646  Economy / Economics / Re: Bitcoin or gold? on: December 31, 2016, 09:53:01 AM
i think bitcoin more beneficial than gold because bitcoin increasing its price quickly than gold.
i agree with you and you are right that bitcoin is much more beneficial than gold, because bitcoin increasing its price too much faster and you can hold your bitcoin for high price for short time and gold price move to up very much slowly so bitcoin is better than gold.
which makes different bitcoin with gold is because bitcoin prices more volatile or fluctuating, it makes bitcoin is more profitable in the near future, in contrast to the price of gold whose price tends to be stable

its true and i am agree with, because bitcoin can be move from one wallet into another wallet and the price is going to be increase. but for the most people in over the world, they only know gold than bitcoin because they think that gold will be their last investment for the money without they thinking about another good of investment.
8647  Economy / Speculation / Re: RALLY!!! on: December 31, 2016, 09:50:33 AM
if there is nothing good movement from the big owner of bitcoin then the price is not high until $1000 because its need more than just pump from the traders and we know this. but lets we hope that the price will be increase in the last day of 2016  Grin
8648  Economy / Speculation / Re: BTC Fails to Break $1000 in 2016 on: December 31, 2016, 09:47:22 AM
As per title. Don't expect fireworks tonight. 

its fails to break the $1000 barrier in 2016 but i think we have another option in after new year and its wide open for the bitcoin price to increase more than $1000. maybe we can see a new price of bitcoin in chinese new year and we can celebrate it with happy smile.
8649  Economy / Trading Discussion / Re: How to make a successful Trade? on: December 31, 2016, 09:44:36 AM
if you want to make a successful trade then bitcoin is much more good than other currency there is maximum people are trading in bitcoin nowadays because bitcoin is very strong and useful currency and bitcoin increasing its price too much faster than other currency.

if we make trading in bitcoin with fiat, then i think its not good unless we have a big money to do because to make 0.1 bitcoin is need a time to trading over and over, but i think if we are trading with altcoin pair btc then its more easy than trading btc with fiat.
8650  Economy / Trading Discussion / Re: Is 1000 btc Possible on: December 31, 2016, 09:42:52 AM
for now, to earn 1000 btc is really hard and its need time before we can make it. but if the altcoin is gets up then i think to earn 1000 btc from the altcoin is not hard because we can make a big profit in trading altcoin. for trading bitcoin pair fiat, if we don't have a big money, then its hard to earn 1000 btc too so the option is for trading altcoin.
8651  Bitcoin / Bitcoin Discussion / Re: How high would Bitcoin price have to be for you to live off Bitcoin? on: December 31, 2016, 09:37:02 AM
Right now, I have BTC0.0915 with me. I need at least $2.5 million to live comfortably. So after all the calculations, I need an exchange rate of around $25 million per coin to live off Bitcoin.

I know that it is impossible. So, I never plan to live off Bitcoin. For me, Bitcoin is more like a passive source of income.

its not impossible to be happen but we should wait more time before the price is up like you want. i am not dreaming too much for this, the only thing that i want is i can make withdraw in everyday at least $100 in a day from bitcoin and i am not decide to live off from bitcoin.
8652  Bitcoin / Bitcoin Discussion / Re: "Everyone already knows about bitcoin" no.. no they do not.. on: December 31, 2016, 09:33:01 AM
the number of people knowing about bitcoin is low but to be frank it has been rising with a nice rate.
every time there is a new rise more people find out about bitcoin as an investment, and the number grows.
every time there is a big business starts accepting bitcoin more users find out about bitcoin as a currency, and the number grows some more.

this actually is the reason for the price rise.

i am agree with you, we can see that in 2016, bitcoin user is grow than before and beside that, i am sure that in future, many places will give info about bitcoin. and we can see that in store offline section, we know that starbucks is accepting bitcoin for the payment, then the other will follow this too.
8653  Bitcoin / Bitcoin Discussion / Re: The future looks fantastic, kids love Bitcoin on: December 31, 2016, 09:30:34 AM
i think its a good news that kids love bitcoin and i am sure that in future, many kids that will learn about bitcoin and they will use bitcoin because of the simple to do a transaction with bitcoin. with a little lesson to our kids, then our kids can learn from many places because our kids now is more smart depend of us and beside that, our kids is lives in the high tech world.
8654  Economy / Gambling discussion / Re: When is Gambling Like Investing on: December 31, 2016, 09:26:39 AM
gambling is just similar to investment but in gambling we can control our earnings and we use money both gambling,investment but on investment we cant control our earnings and its takes time to build up unlike on gambling.

That is wrong. In gambling also mostly we can't control your earnings because once you bet you don't know whether you will win or lose until results are shown up. It purely depends on luck but in investment, if you invest in good business then at least you can predict some profit over the time. All good investments take time to give you profits.

yup and if you are playing gambling then you only risk your money, but if you make investment with the house and you can get profit with them then its called investing in gambling. for playing gambling, i think we should control ourself and our greed so we don't have to loss a big of money.
8655  Economy / Gambling discussion / Re: Gambling for a living or a living for Gambling? on: December 31, 2016, 09:22:34 AM
Hi Everyone..!!!

Why are you gambling,  you do it for gambling a living or a living for gambling?
Please share your opinion.
Thanks in advance.

I gambling not for money only but for entertaining people but somehow i want to earn money from gambling sometimes it is so hard for me to win i played gambling for the sake of money so maybe gambling for a living. If you can't win then don't push your self too hard.

this is what i am doing too because i am realize that i can not win big money from gambling so i only enjoy when i am playing gambling. and for me, i am playing gambling is because of the fun things that i want to do in my life and i am not living for gambling.
8656  Economy / Gambling discussion / Re: Why is gambling so addicting? on: December 31, 2016, 09:20:31 AM
I don't know why but I always get a feeling to gamble, after then losing my money, I quit for some time and then continue, but I know I will lose my btc Sad

Why is it so addictive?
yes my feel too , i think gambling was created with in addictive
and addictive is a sign that gambling ..
interest in gambling is the beginning of addiction. Well, I guess it's fair goes back to play, even though you know that the money you use to gamble it will run out. Well, almost everyone who gamble like that. I guess it is the effect of gambling, and it does have a sense of enormous interest to try again.

It is probably the interest that drags you back somewhere where you know you will lose everything you have, and this interest makes you in habit of it slowly slowly and after a few days even if you want to leave it but you will still not be able to leave it.

yes its true and many of us is come back into gambling industry even if we don't make any profit. the gambling is design to make people wants to play over and over until their money is empty and the site or the casino makes a new changes to attract more people to come into their places.
8657  Economy / Gambling discussion / Re: Traditional Gambling or Online Gambling? What's yours? on: December 31, 2016, 09:16:02 AM
i am prefer with online gambling beside the benefit for me like i don't have to go into the real casino and other. but sometimes i am playing traditional gambling with my friends if we've meet in my home or my friends house. usually we've play cards with using money but not for big money because we only want to have fun in the card games.
8658  Economy / Gambling discussion / Re: Can gambling be considered a "high risk investment"? on: December 31, 2016, 09:14:05 AM
for me, gambling is not high risk investment but its only gaming that we've play with money involve. but if investing in the house then i consider its high risk investment because if we don't select the good gambling website then we are risk our money.
8659  Economy / Economics / Re: How many Bitcoin do you have saved? on: December 30, 2016, 07:15:01 AM
BTC 85

Wow! For me that is a really large number if they are bitcoins, because the price is already touching $1000 mark and if someone holding that many bitcoins would probably be quite rich specially if he is from a place like where I live, maybe in some countries that is not much.

I'm in the USA, and I'm not rich at all. This money would last me 1-2 years if I had no job. Where do you live?  Maybe I should move there because I hate working Wink

I don't think you will receive the answer for your question from him. No one wants an additional lazy citizen for his country. If living in USA keep you working, so be it, stay right there and work.
Unless a person is born rich he has the choice not to work and just spend the money of his parents to live, it's impossible not to work as even the rich people are still working to make themselves richer.

its to be a good if we are born rich but its not be happen for other people. we still need to work to get the money and its what we seeing in out ther. in bitcoin, i think i am not yet save 1 bitcoin but i am sure that i can save more in 2017 so i think i need to continue my work so i can saved more amount.
8660  Alternate cryptocurrencies / Altcoin Discussion / Re: CryptoCurrency on: December 30, 2016, 07:11:02 AM
Hello I am a novice at the cryptography,

I have been reading the talks here since couple of days, I have some questions (answers to those may lead to more questions  Cheesy )
1.) Why there are so many coins and most of them are not used in the real world ?
2.) Mining of each type of coins require high-end GPUs' which cost a lot, what if the coin reaches to its maximum limits, how then mining works
3.) How do you prevent some one starts a new coin, pre-generate most of the coins, get it listed on some exchange and then suddenly abandoned ( ByteCoin, Infinite Coin for and example ), I am not able to find any active links for its developments.
4.) Lets say I want to start mining what will be the best currency for GPU mining
5.) What is required to start own pool ( I own few servers sitting ideal )

Thanks in advance  Grin




1. not just other coins, bitcoin itself is not used in the real world for the most of people.
2. not really for the altcoin which have low diff but its works good with high-end GPU's.
3. to prevent this is simple, don't buy the coins and you are fine, this is only what i am thinking.
4. the best currency i think you can choose with eth, etc, dash, xmr, zec because this coins have stable price except eth.
5. i don't know for this because i am not start my own pool.
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