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881  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: July 09, 2016, 01:17:48 PM
I dont really get the question you just asked here.
Does the price of bitcoin matter? lol it matters if you have some,if you never bought any or earned them i does not for you,simple answer.
No i dont think its that simple.I earn bitcoins and buy also but it doesnt matter much to me because i do gambling with them so i do not hold them.The people who hold bitcoins do investements and do mining it effects to those only not every one who have bitcoin
yeah maybe it doesn't matter when u are losing all you're bitcoins every time but wth if you spend 100$ and the price of btc doesnt matter
for you then you can get for it 0,01? i doubt it,you would like to get the biggest amount possible to get bigger balance at gambling right?
882  Economy / Economics / Re: I'm not gonna sell any coin. on: July 09, 2016, 01:16:20 PM
I'm also not gonna sell any bitcoins because its simply just not smart to sell any bitcoins right now with the halving.
Its coming so close now and it will be not smart to sell them right now, its for a part not worth it and you will lose profit also.
It's your choice but it is always good to sell your bitcoins when you already achieve your price goal, me as investor who put a little investment, I would be very glad to sell my bitcoins when I see a price of $800 after the halving but surely a portion of it only.

My price goal is $100,000 for each of my bitcoins. So I may have to wait for another 20 to 40 years.

Well that is possible we don't know what is going to happen with the price of bitcoin. And I hope that bitcoins price is going to reach that price also.
Even I am holding only one bitcoin I am able to earn money for it.
Yeah,i have some offline wallet where i hold about 0,3 btc for a really long term,i hope
btc wont die and it's price will go until let's say 1000$ then i will sell them probably.
I can't wait for halving haha

i also keep a certain amount in my cold wallet that i probably will not sell in the coming 5 to 10 years. by that time i hopefully will be rewarded greatly for my trust and patience. at this point the halving will not bring any real surprise. the price will probably go down directly after the block halving is completed.
This is a good think,i did the same.
I have about 0,3 on offline wallet and i hold it to get profit at long term like 10 years,then i will convert it into fiat i guess.
And now im doing daily trading.
883  Economy / Economics / Re: 1,000 bitcoins on: July 09, 2016, 01:15:26 PM
Hi,

I just recently bought 1,000 bitcoins and want to use my position to be an OTC trader. I understand that many people are selling and buying bitcoins at 5%, I thought I can sell or buy bitcoins at 3%. So those who are selling and buying at over 5% can buy or sell bitcoins from me to sell to their customers to make 2% or higher (this figure comes from over 5% - 3%) so I can make 1% or 2% and those selling and buying over 5% can make the difference. It's kind of arbitrage for otc traders.

PM me if you are interested Smiley
Wow you really did?
I dont believe you actually cause of simple reason,if someone would see that ANYONE
buy's 1000 bitcoins right now,the price would get pretty higher i think and nothing like that happened.
884  Economy / Economics / Re: Bitcoin worth to you or not... on: July 09, 2016, 01:14:31 PM
Bitcoin worth to me of course, it's having the price increasing daily and it's worth that we earn and hold it for the long time run.
Yeah but the greatest thing with bitcoin is that you can use it do earn at long term
(buying bitcoin and waiting long time) or you can also earn a really big profit's at short term moves.
885  Economy / Economics / Re: I have 12 BTC in my Account, How should I invest this?? on: July 09, 2016, 01:13:44 PM
I have found yesterday a really good site.
It is bitcoin casino but you dont gamble,you invest and you play on negative house edge.
Check out crypto-games bro,i have already invested there a lot cause of amount of players.
886  Economy / Economics / Re: China currency and effects on BTC on: July 09, 2016, 01:12:52 PM
i dont actually get why about 40% of bitcoin is mined in China ( maybe im wrong but someone's here said like this i think ),
i know the china is pretty greedy for earnings ( hehe as we all ) but why china especially,not let's say USA?
887  Economy / Economics / Re: Inflation and Deflation of Price and Money Supply on: July 09, 2016, 01:11:45 PM
It can't be either deflationary or inflationary by definition. In both cases you are making a price prediction with which you could make a risk free profit if it held true. Whether you have to go long or short, you would in the end trade away the expectation.

Um...how do I logic?

Congrats, you are replying to a spam bot, lol

It can't be either deflationary or inflationary by definition. In both cases you are making a price prediction with which you could make a risk free profit if it held true. Whether you have to go long or short, you would in the end trade away the expectation.
yeah i think anyway this thread should be dead or closed because what is the point on looking on a
4 years old chart about inflation? it doesnt makes any sense,we better get it closed for real.
888  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: July 09, 2016, 01:10:31 PM
We can see more and more people using cryptocurrencies,especially bitcoin because it is the most popular among them
So i think it will become a global currency but maybe in 20-30 years ( if it wont die )
889  Other / Off-topic / Re: 2017 Year of the Bitcoin on: July 09, 2016, 01:09:23 PM
Hmm.we can see a big raise in 2017 i think,in my opinion bitcoin will get to 1000$ in 2016 so why not ?
We can see even 1,5$ hopefully at the end of the 2017 maybe? we will see but  im very curious :]
890  Bitcoin / Bitcoin Discussion / Re: Why it is better to buy things with Bitcoins rather than another currency? on: July 09, 2016, 01:08:30 PM
I think it is better to buy thing with Bitcoins rather than other currency because you dont have to convert them into fiat,
what would mean you would lost some of them due to rates or something.That's why i prefer in paying with btc.
891  Other / Off-topic / Re: du you spend coins on real life. on: July 09, 2016, 01:07:09 PM
I do.
I actually like to pay for burgers in my favourite restaurant with bitcoins,i dont have to convert them into fiat
to eat something at town Smiley
But i convert them to get payed for bills,etc.
892  Other / Off-topic / Re: Have you ever lost Bitcoin? on: July 09, 2016, 01:06:27 PM
Yeah,actually i did lost about 0,035 just a while ago.
I wanted to gamble one on 90% but for some reason the % haven't changed and i did 0,035 on goddamn 49,6%.
Of course i lost,that wasnt a surprise for me.
893  Other / Off-topic / Re: Old people earning bitcoins on: July 09, 2016, 01:05:27 PM
Lol, I am over 45 and still mining bitcoins. I got into BTC because my real job involves cryptography and financial software. I first learned about it 6 years ago while browsing through some crypto forums doing work related research.
Yes i think the people like you whcih are over 45 and in bitcoin community are earning big Tongue i dont think any 45+ will be earning from faucet or signature campaign.They are earning from mining and investing and some big amount Tongue
I think the same,but it is not said that you cannot do signature campaining when you are 60 year's old Grin
But i doubt that people like this exist,as you said they would probably try to invest btc very smart and safe.
894  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: July 09, 2016, 01:04:26 PM
My main plan is to do many bitcoin activities in one moment.
I mean generating profit as much as i can from many sites,and doing it as fast as i can so i will probably get rich
in 10 years here haha Grin
895  Other / Archival / Re: Where you get Bitcoin ? on: July 09, 2016, 01:02:43 PM
I am receving some bitcoins from faucet some from dice, some from market and buy.
I think gathering all is kinda good Cool
It is pretty good idea to do many bitcoin activities at one moment,it will yield you
the best profit per hour if you can think smart,have some account's and you have skills in trading or investing.
896  Bitcoin / Bitcoin Discussion / Re: How miners sell their Bitcoins ? on: July 09, 2016, 01:01:35 PM
I want to know how the miners (mostly the big farms) sell their coins ? I mean do they sell them instantly once they are generated or they wait x hours/days/weeks ?

The reason I want to know this is to know how the halving is going to effect the price (instantly or it's going to take time) .

I wasn't here when the first halving happened so I'm not sure how it works , because if they have BOTS that sells for them once they are generated , we should see the price affected right away I suppose however If they only sell after couple of weeks etc... It will take sometime .
They actually do.
Usually they try to book their profit freshly after halving,when they got they rewards
that's why we may see a fall in 5 hours Wink
897  Bitcoin / Bitcoin Discussion / Re: Happy halving day on: July 09, 2016, 01:00:06 PM
In the first halving in 2012, how long did it take for the price to rise to around $1200?

12 months almost exactly.
Then the drop that devastated many bitcoin users and lost their trust to bitcoin.
Well, can't blame them anyway. I would've probably had reduced trust if I bought bitcoin at a high price then it suddenly dropped so low.

Yeah but i dont think that i could lost trust to bitcoin due to any drop,even the big fall .
Because i earn everyday btc and i can still may make pretty nice money out of trading and investments.
898  Other / Off-topic / Re: Do you still believe in bitcoin on: July 09, 2016, 12:59:08 PM
I also belive in bitcoin future it is bright as sun  Smiley.
hahaha we all hope that the bitcoin future is bright as sun heheeh.
But we cannot know,it may happen like the price will get lower after sometime,but i dont think so,demand should go higher and higher.
899  Bitcoin / Bitcoin Discussion / Re: It's Halving Day! What Can You Say? on: July 09, 2016, 12:57:46 PM
Im happy and frustrated at this moment as you said,you may ask why?
Because i have bought btc some time and i have it ready to dump but i think that the price is going down shortly after it.

People like you are exactly the reason why you can expect the price to dump after the halving then. If everyone has the same idea as you just to dump their coins as soon as we get any upwords movement then we arent going to get very far are we? If you have reason to beleive price is going to go down then maybe your best bet is just to dump now.

Anyway im happy we are past this milestone now and we can concentrate on segwit and blocksize increases to further bitcoin.
The problem is that people who mine's bitcoin my think about dumping because they just got some btc
so it would be  pretty logical for them,everyone want's  to book some profit's i guess.
900  Bitcoin / Bitcoin Discussion / Re: If you recieved random BTC, would you return it? on: July 09, 2016, 12:56:13 PM
Let me say true about this if ever I received some bitcoins randomly than surely I would like to keep it for me, I'll never send it to back to that address and will consider it as a gift from God.
Hahaha god just gave you a whole bitcoin,what a good god!
Im joking of course but the thing is that if you would send it into bad address you wouldnt expect to get it back.
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