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8701  Economy / Speculation / Re: Why Bitcoin Price Predictions for 2016 Range as High as $1200? on: September 07, 2016, 11:19:00 AM
Can we for once first get to touch $700 -> $800 -> $900 -> $1000 before talking about reaching a new all time high?

It's mind boggling how easy people assume we will reach a new all time high just because the price has gone up to over $600....
we are expecting it for last few months and not for today when the price is above 600$. if we study of the bitcoin increasing trend it shows that every time it increasing percentage is too high, and as more and more people are investing their money in bitcoin and the demand of bitcoin is increasing from time to time so we can expected that the price of bitcoin will cross 1200$ very soon,

Hope so that it would  definitely reach that price but still we should not forget that we wont know  on what would be the future since  bitcoins price movement  is to volatile and  there are lots of factors that could affect it  which causes  to low its price like hacking incidents, selling more bitcoins, etc.
8702  Economy / Economics / Re: Best way to manage money? on: September 07, 2016, 11:17:10 AM
Best way to manage money is to spend as little as possible so you keep as much as possible then you put most of your savings in a safe investment. it will have low interest but atleast your money is safe and you make as much as possible in a safe way.
Also make budget and see what you have to spend and then keep that money safe so you always have enough to get trough the month.
Managing your expense effectively would help you to have more savings  and with more saving you can invest when you see some good opportunity knocking on your door, it is the way to manage properly our money because our income is just limited so we also need to limit our spending.

Managing funds would  be the best way in able for you to save some of your salary  so that you  could  use it in future purposes.  Unwise spendings  is a really factor that could effect your budget and might you get overdroped in the end of the month so that you wont able to save which is a bad thing.
8703  Bitcoin / Bitcoin Discussion / Re: Is this the end of Bitcoin Encryption? on: September 07, 2016, 11:15:01 AM
But with this kind of invention on the hacking system, surely there will also be invented a new and better encryption system that will make Bitcoin more unhackable.

True,  if theres a new invented  on hacking system but  we should expect that  theres also a new encryption for sure in the future same as you said. In bitcoin for sure it would be developed more i guess which  puts more encryption even those new inventions cant  decrypt it.
8704  Economy / Gambling discussion / Re: How Often Do Gamblers Really Win? on: September 07, 2016, 11:11:22 AM
Gambling for long period is a bad idea, but we do it anyways. we hope that we'll win something big that's why we keep on gambling, the fact is we never win.

Gambling for long period for normal gamblers is not really a good thing because the only beneficiary of it are the gambling site owners. And it is really hard to believe that a gambler is going to win often times. But what is happening is that gamblers are just losing daily rather than winning no matter how long they have been gambling.
But it is also true that theres someone who make gambling for a living as they made it as a profession eapecially those who played with sports bettig they can survive long winning streak and earned enough.

i do heared also that someone is  making a living in sports betting which is somehow  amazing since gambling is a risky thing and  doesnt  even guarantee you to make profits almost everyday which is very impossible  to happen but there are really people  who make living with it. Some may be experienced enough and some gained some  good tips about   in sport betting.
8705  Economy / Speculation / Re: $0.0001 of value for 1 Bitcoin in the Year 2020 on: September 07, 2016, 11:09:16 AM
May be well above $2000 per bitcoin by 2020 but it can't be guaranted as event like exchangers, wallets being hacked can dump price significantly overnight.

Yup I would go with your view and I don't know why op thinks that bitcoin is being in that price value in 2020.  As much I know price will increase in future and world is gonna adopt the bitcoin soon So most of the people waiting for that time to sell their holded bitcoins.

I also think so, bitcoin have a future and a hope of a bright future. I do not see any darkness that could make bitcoin become worthless

We cant guarantee on what would be the future of bitcoin look like but  as we all witness that bitcoin is  building its pace already and have been used   by many and many already are investing into it which is  somehow put an  strong assurance for me that it would be successful more in  the  coming future.
8706  Other / Beginners & Help / Re: Want to get into trading, please help! on: September 07, 2016, 11:07:26 AM
I want to get into trading with alt coins, and i want to know where to begin. Just looking to make some extra btc. Please help, thanks! Grin

i suggest you to start reading something about trading...
at least the basics like order type and understanding terms like commission, lippage and drow down.
the try to simulate your strategy with paper trading... to check how is strong.

forget to do easy money with trading...




reading  important informations  about trading    would be badly needed  if you are  deciding  to  do trading since its  not an easy thing to do if you dont have enough knowledge about it because  if you rush up into it  you wont  know what you would do and  surely your money would only go to  waste.
8707  Other / Beginners & Help / Re: How do you convince people to use Bitcoin? on: September 07, 2016, 09:52:26 AM
Should we really convince someone to earn money without any investment. Just explaining its benefits are more enough for a new user to start their carrier with bitcointalk forum. Thats how i came into this forum.
Yes we dont need to tell them about earning with bitcoin initially,we just need to explain about the benefits of using bitcoin,how its different from from fiat currency,its anonymous and decentralised and make them join this forum.I think they will automatically attracted towards bitcoin pretty soon.

It depends on the interest of person and how you explained about bitcoin to them. If this thing would caught up to their interest then its possible that they would jump or  learn already about bitcoin. People have different  interest  on  anything some may like  and some may not but still its not bad to share about bitcoins usefullness to others.

Im partly agree with you but  there are people that usually get hooked  or gets its interested because a thing  is being explained to them well which they can easily understand and  might caught  their interest. You are  correct people  have different likes on certain things  thats why sometimes its really hard to convince people.
8708  Economy / Trading Discussion / Re: How to make a successful Trade? on: September 07, 2016, 09:47:04 AM
YOu just need to buy an altcoins with a very low price then sell it on a right tiome or high price .. If the price goes down buy an altcoin again to have a profit the wait  .
to me by taking right decision in a right time is a tood of successful trading, you must study about the project or field where you are going to invest your money, you must also be very patient and broad minded and having decision power hope the suggestion will help you in successful trading.

Having knowledge to a coin and  a proper research and  good decision making which makes you profitable  is considered as a good and succesful trade but still  you would eventually  do experience losses and thats normal because we really cant perfect our trades anytime since price is moving  in any direction without  knowing.
8709  Economy / Trading Discussion / Re: Trading is unpredictable job. on: September 07, 2016, 09:44:39 AM
Trading is not unpredictable you need to have allot of luck because the price you will never know what it will do and that is not the only reason why trading is not predctable.

To a certain extend you need a bit of luck when it comes to trading, that's right, but the main things are knowledge, experience, no greed and patience. From there you can make more than decent profits. If you really needed plenty of luck, then it was more gambling than investing, and people would end up losing more than making profits.

In all, 3 must there which is luck, knowledge and experience in able to be profitable in trading. Its true that trading is  a unpredictable job since we wont know what would be the  price in a matter  of second,minutes,hours and so forth.  Luck does also need  in trading but still its better to have these 3 things.
8710  Economy / Trading Discussion / Re: I've got $20k to invest. Please recommend! on: September 06, 2016, 12:50:48 PM
i think you could invest this bitcoin into alt coin mining as this will give you profit

It is quite risky to invest in the altcoin mining. The mining difficulty is rising fast and the price of altcoin is not rising.

the price of altcoin do depend on its usage and demand , when a coin do not have any usage in the market then the price of it do not increase while if there some need occurred in the market for its usage then the price of it increases.

That is right. The Monero has found some usage in the dark market, so the price has risen quite a lot recently.

Just a matter  of   law of supply and demand. If an altcoin does have more demand  than  supply then for sure it would increase its price but  if  supply is  more than demand then its price would be stable or even  goes lower if all  holders of alts would sell all their coins. Its just  like that.
8711  Other / Beginners & Help / Re: Doubling Bitcoin? on: September 06, 2016, 12:47:55 PM
Generally speaking, anything offering "easy" cash would probably be a fake or not as easy as it sounds, since everyone would be doing it if it was, Even bitcoin investment have risks on the invested money, You might be able to double it or might lose the invested capital money.
Lol yeah you should have to know that that investment would always be at risk and is said by many people to invest is easy because they want to seek referral or promote their products? I think if you want to invest do checking before investing dude

Even if you check before investing you will never come to know whether it is an legit site or not and how long it will survive, they will surely show you some unrealistic results which will attract people to invest their money into it.

Thats the common thing  on those investment which  claim to good  to be true statistics which  really make others believe or fall easily because  they would do all  ways  to recruit or  making more investors to their site which could really make  good  profits out of it. True, even  how matter you check each site  you wouldnt know it anyway.
8712  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: September 06, 2016, 12:44:36 PM
If i find a good job, really worth and have a good futuren on that job for full time on bitcoin, maybe i will think about that, but i need discuss it first with my family about the situation.

i think no stable income in bitcoin, and no 'realjob' at bitcoin except you join a startup linked with bitcoin technology, if you are progamer, im sure you will find good job in bitcoin company.

Yes if you are holding technical skills then you can expect higher income from bitcoins but you need to make  sure that its a permanent job and not short term projects.
That is the problem because we all want some stable income. Apparently, working online cannot deliver that to us because the employer-employee relationship is not really that strong that we can go after our employer, but if you really are going full time then you should learn how to manage your earnings, it is a big challenge buy we can do it.

I think if you want to get full time in bitcoin then you cannot afford to depend on others, as you never know whether they will pay you at the end of the day or not and that makes it really risky.

Assurance that they will pay on that day. In job it is really sure that theyy would pay you unless you are absent whole month then they will not pay you but in bitcoin we cant say that they will pay you. It is very risky we dont know what the people think or what would they do so just to keep safe do bitcoin as a side line and do a fulltime job.

Bitcoin is good but its risky too, as if you are working full time in it as a freelancer then you are not into any face to face agreement with the person you are dealing with, so chances of scams gets higher.

True, if you have a job that  pays   you with bitcoin  its quite a little bit risky thats why  we  need  an escrow or middle man with your funds  and if you are on a freelancing site   please do check the employers profile if he is reputable and  capable enough  to pay you with your job.
8713  Economy / Speculation / Re: Bitcoin price! really dude? on: September 06, 2016, 12:36:08 PM
I am also surprised when i read this speculation, because in this year, no chance, but within next 2 years, may be something good with bitcoin price, but i always say that we should keep in mind that bitcoin will never go to increase may be it will down continuously, just like exchange hacked, some bad incident would be happened again in future and again damage the bitcoin price.   

We should really not expect that it would rise directly without any price dips since we dont know  the price on upcoming days and  months and  it does affect on those  circumstances and things  that might affect bitcoins price thats why  we  experience rise and lows on price.  Speculations are  just hopes  of all bitcoin users , i admit that all  holders  are aiming  on the same thing which is  bitcoins high price.
8714  Economy / Gambling discussion / Re: Are you Rich from Gambling? on: September 06, 2016, 12:33:12 PM
No one becomes rich from gambling. You can observe better people around you if someone had ever won that just lost money again back by keep playing. Gambling let you win but bring you back in game to try to make much more and you loose all. You can win but can't keep that money for longer time. That's why can't become rich from gambling.

There are some individuals that are becoming rich from gambling and that would be the house edge itself and those people who are hitting the jackpot luckily. But if you are going to gamble as a normal gambler and you are aiming to become rich with it then stop that dream as it is really impossible to become rich with gambling if you are just a normal gambler.

Yup, only the dedicated gamblers can make a profit in gambling. Normal players just play for fun don't expect any money in gambling. It is not that much easy. First You have to lose so much money to become a professinal gambler. Then there is a chance to make a profit in gambling otherwise better stay away from this gambling.
The ones that are really serious with gambling and devote their time to learn the techniques to win, they are treating gambling as their job that is why they are successful and I believe some can do that while most of the people have tried but failed.

I think not, people who are successful and win big bet not because they are seriously in gambling. But because they have big capital, big gamblers have a large capital so that if they win they will earn huge profits. I'm sure the person who wins and big bet would surely suffered a major defeat. No one can be sure that people will get rich in gambling. Because that can become rich is the owner of a gambling site.

Realtalk here, its so hard to be rich on gambling since its a  matter of luck game  and doesnt  guarantee you to win big even if you have big  bank roll  its doesnt  matter  as  long you made risk on playing gambling  theres a  possibility on  lossing  all your money in an instant and   i agree only gambling site owners are just  get being rich  of their business.
8715  Economy / Speculation / Re: Why is the price dropping? on: September 06, 2016, 12:28:59 PM
Price of the bitcoin will always drop some but there are also risings and that is the reason why the bitcoin is goign around the value of 600 dollar he never drops allot but when he does eveyone makes losses .
Price volatility of bitcoin is  one of its characteristics thats why we experience rise and low because of any circumstances that are happening on bitcoins ecosystem. Its dropping because there are users are selling  their bitcoin for the current price thats  why it lowers  down its price. Just a simple  law of  supply and demand.
8716  Economy / Trading Discussion / Re: Is it possible to buy really large BTC amounts? on: September 06, 2016, 12:26:49 PM
I do not think, that it is possible. Some larger BTC volumes you can buy from BTC mining pools or BTC mining farms, but even then BTC amount is limited to BTC mining capacity and the sales price too. I never heard that someone buy/sale million in BTC somewhere. Wink

Thats what  im thinking too that he could possibly bought  huge volume of bitcoin to those  mining pools and farms because  exchangers would definitely supply  huge amount i guess and also they have a limit. Even those miners and pools would not able to produce such   bulk volumes.
8717  Economy / Speculation / Re: 1 BTC = 100.000 to 1 million is a possibility in 2035 on: September 06, 2016, 12:22:50 PM
If bitcoin alive than might be possible, but it is a long time period, definitely in that time money value also has been increased, so if bitcoin would be reached at 1 million, so in that time 1 million would be consider normal amount. But bitcoin always give us profit it depend on us how we utilize it.   
I think like you, 20 years its a long time

Agree, 20 years is long enough and we could say that there are many things would be happen  on those   upcoming years to come but  in the speculation of  achieving the price of $1m seems to unrealistic and impossible to happen in my own view since bitcoin price as of  now 2016 is just $600. Well we dont know what would be the future.
8718  Economy / Service Discussion / Re: Is investing in mining still worth it? on: September 06, 2016, 12:13:49 PM
Right now, I'm planning to invest more or less $100 in HashNest since I've used their services before, but on a very very small scale.

$100 would get me about 1TH. Would it still be worth it? Based on some calculations, the ROI would be just under 90 days. Their prices are pretty stable.

It is not worth it to invest in any cloudmining site because sooner or later it will just turn to scam without getting the 100% ROI. Of course they will pay you small Bitcoin in your  early time in that investment but eventually they will run. I can say this because in the past i tried to invest also in many cloudmining and in the end they just run.

You are right cloudmining sites are  just scams and   right they are just  paying a small portion of your investment in the start but in the end   they would  ran away without   being  returned even your just capital which is a really disaster. Same as yours  ive been investing  on those sites before but now  ive stoped and  not trust them anymore.
8719  Economy / Economics / Re: I have 12 BTC in my Account, How should I invest this?? on: September 06, 2016, 11:13:03 AM
if you have 12 bitcoin
you much alternative choose investment
you can trading bitcoin pair fiat money, trading altcoin
self mining real mining altcoin and bitcoin, buy ico coin and more
Mining isn't an option anymore for the majority of the people as it requires you to have some sort of a farm in order to gain profit.

Or you have to find an altcoin with very low difficulty that you can mine for quite a while, and that later the price gets pumped to insane levels.

Mining is not a great option at a moment, I would prefer to invest all 12 btc in different altcoins so even if one coin doesn't work for me I can expect some profits from others.

Diversifying your money would be the best way to earn profit without  focusing  on a single  investment only. But still its better to find those  most potential coins  so that you would  be  profitable on long term. 12 btc is  fairly enough with this kind of investment. Actual mining would also do but  it depends  on the electricity cost on your country and  mining  as of day would hardly reach roi  since the  difficulty is increased as we all know.
8720  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: September 06, 2016, 11:10:32 AM
10 btc makes 6k dollars right now, but if we wait, It can make 20k dollars. So why be greedy and use it now, just store it. If we have to use it right now, buy gold, sell gold, buy bitcoin again. This is the smartest thing to do.

This  method is good only when you have lots of money which you dont need to depend on that  10btc that you owned then you could possibly hold those bitcoins for a very long time and dont bother to spent  even a single  cent with it. Investing on gold would be also a good idea but it need huge capital.
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