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901  Economy / Economics / Re: RBS: Sell everything on: May 11, 2016, 04:45:15 PM
it's weird that such a large bank advices people to sell everything. i don't mind it because people will look for different things to invest in. bitcoin is the perfect option. if these investors do invest their money into bitcoin, then prepare for a new ath.

This time around the spike should be in the $2000+ region right? If a lot of scared people invest in bitcoins if there is really a big stocks crash it should reach these prices without breaking a sweat.
It will be not the best thing that you can do because there are also a lot of people that is waiting for a price increase and that would be nice for them if they can sell it.
But they have now to only wait for a higher value and just sell it on the right moment.

Selling everything at this stage would be the worst thing to do with your coins, as we have waited too long to see higher price and now its just a matter of three months so we need to wait till the right time comes.
902  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: May 11, 2016, 04:42:47 PM
It is now indeed a bad time to sell it and that is because the value is not even that high and it will be also more worth in the future so you better can have patience for it.
And you also see now that the value is going to be more worth slowly so that is perfect.

I think you should sell few of them if they are allowing you to make even smaller profits, as you always have an opportunity to buy it again when price falls in future.
903  Economy / Economics / Re: How too get rich on: May 11, 2016, 04:40:21 PM
You can simply just use the bitcoin as a investment, and with that you can become rich if you have a real strategy to do this.

To get rich with bitcoin you need to have huge number of coins and that is not possible for each and every normal user as majority of users will be holding less then 1 btc at a moment.
904  Economy / Economics / Re: Bitcoin replaces the money? Could happen? on: May 11, 2016, 04:37:18 PM
Even if bitcoin gets on mainstream it will be always used as a secondary currency, the first choice of people would be definitely fiat, bitcon will always used as an second option.

I would not be so sure..

I do not know about what kind of "money" you are talking, but probably a large part of your transactions is made with "plastic money" Wink

Replacement cards Visa or MasterCard for Bitcoin is only a matter of time. Sooner or later, the classic money will exist only in the collector form.
Bitcoin will not replace the money it will be another payment method only and there are still a lot of people that dont even know what Bitcoin is and that is the problem.
But you see also of course that Bitcoin is getting more used and popular but it wont replace it.

Paper money holds the monopoly of having maximum number of users worldwide, comparatively bitcoin is too small and even in future if bitcoin becomes more popular, paper money will still keep ruling the world.
905  Bitcoin / Bitcoin Discussion / Re: Bitcoin is dead again. This time for sure. on: May 11, 2016, 04:33:43 PM
Bitcoin died again? How many times did it already die? We must be getting to over 100 by now.
Yeah,i'm getting bored with this news,in every year at least one or two people post thread like this,and maybe just like past thread,it will not make me or us stay away from bitcoin or believe that bitcoin was died.
Bitcoin is not that dead now and it keeps just stable for a long time and not everyone has the patience for it and that is also bad for the most people.
As you can see now you see also that there are now more people that is using it because it is rising slowly.
no one can predict bitcoin, but for now clear bitcoin will be stable for the next few years, and prices are rising it is a sign that there are still many people who use bitcoin.

Yes and bitcoin is neither dead nor it will die in future, bitcoin will survive for a long time, and even if the price falls extremely that doesn't mean it is dead, it has potential to grow again in future.
906  Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase? on: May 11, 2016, 04:31:38 PM
There are a lot of people that is holding their Bitcoin for a price increase because it has now not the right value to sell it because you cant make now any profit and that is bad.
So patience in Bitcoin is also really important otherwise you cant make any profit with it.
so true. I also always pay attention to the current bitcoin price statistics, well, if possible I would probably buy bitcoin with large quantities and selling it when the price of bitcoin rose, although at this time I save just a little
The most people with Bitcoin are holding it and that is also the smartest thing that you can do now on this moment because the value now is not even that high now so you wont get much money for it.
And the most with Bitcoin are also indeed waiting for a price increase so they can earn more profit and that is perfect.

Selling now is recommended as price is not too high which will give you lower profits, holding for next 3 months would be more profitable as it is expected that price will rise at halving.
907  Economy / Speculation / Re: If bitcoin dropped to $1, what you do? on: May 11, 2016, 04:28:18 PM
Like the most people I would stop with using the bitcoin for a while, if the bitcoin goes down it will go down fast.
Because of that I would sell very fast to not lose a lot of money.
The major issue is we don't know when it will collapse so its better to sell your coins when price goes higher, if you hold too long then you don't what tomorrow will show us.
908  Economy / Speculation / Re: Is now a good time to buy and store Bitcoin? on: May 10, 2016, 01:54:13 PM
I'm looking forward to Bitcoin rise after the halving.
I'm planning to buy 4-5 BTC,is now a good time?
What do you all think?
I have stored all my money in bitcoin and I know that it is not just the saving but it is also a very good investment as the price increases faster, if you want to invest your money now then it is still early and before the time pass from you I will suggest you to invest all your money you will get a bigger profit after a few months.

Well, technically, the earlier you buy and invest - the better. I don't think you should invest ALL your money in it though. Is that 4-5 BTC disposable money? If it's your kid's college fund or something important, I think you should just budget a small amount into BTC first.



Yeah its worst to invest your all money in single product, especially in bitcoin, as bitcoin is still treated as an risky investment as no one is sure about the future of bitcoin.
909  Economy / Speculation / Re: BUY and SELL IT! on: May 10, 2016, 01:52:18 PM
now may be said to be a good time to buy Bitcoin, the price is still low. than later when it was halving, prices could be above 500

Yeah this is good time to buy and hold for the halving, we might see $500 price by the end of this month and if it achieves it then we will see better price at the time of halving.
910  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: May 10, 2016, 01:44:47 PM
It will be not that worst to make an investment in Bitcoin because the most important thing with Bitcoin is that you have to choose the right moment to sell it and that is nice.
And that can be also bad because you dont know when it will reach that high value so that is bad and it can takes a long time.

The only strategy I follow is that if I see higher price then I bought then I would sell small part of coins to make quick profits, I don't like to wait longer.
911  Economy / Economics / Re: Bitcoin or gold? on: May 10, 2016, 01:43:03 PM
I have more faith in gold, but at a moment I will prefer to invest in bitcoin only because of the halving factor which will allow me to make quick profits.

OOOohh someone is here for the halving thing. Me too, gold is so old that you wont think it is a risk. It will be a really long time investment. For now let us make profit of this blooming currency and make use of what will be it in the future.


Yes this is the time to grab an opportunity of making quick money by investing in bitcoin, gold can always take care of us in future, play with bitcoins till it is alive.
912  Economy / Economics / Re: I'm not gonna sell any coin. on: May 10, 2016, 01:40:57 PM
I prefer to sell when I am in need of money in case of emergency, and if I see price is good then I don't hesitate in selling small part of my coins on regular basis.
913  Economy / Economics / Re: If you were in desperate need for money.... on: May 10, 2016, 01:38:38 PM
If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.

i think it depends mostly on the amount of money you are needing. for me, if i need small amount i would just do some small extra jobs to earn it. but if i need the money fast or if i need big amounts of money i would borrow it from someone i know or in some cases i can also borrow from a bank (loan).

That is the fastest one. The borrowing thing have been in the economy for like decades ago since bank was created. The fall back  is the interest that they want. If you borrow a great amount then that means a lot of profit for them. If you dont pay then you get arrested. That is one desperate move I think.

Ya loaning on banks is risky and the interests are so strict, but i think you can make waiver to pay later after you failed to pay the remaining interests. And i dont loan on banks because of rules. I would rather borrow to some people with written papers because it is not east for them to sue you and you can just talk it out.

I feel you in that case. I would rather loan also to some good friends. And actually there are a lot of them who are offering some loans. Good friends dont put interest in it and that always makes me smile. But some got one and it is really not that hurtful. They just got a little to took.

Borrowing from friends is always good as even if you delay in returning the money, they won't mind for that and can understand your situation.
914  Bitcoin / Bitcoin Discussion / Re: People hate Bitcoins? on: May 10, 2016, 01:35:43 PM
I think that people hate bitcoin because it takes so long to get a lot of bitcoin and that it is time consuming

I dont agree with that. You could get a lot of bitcoin in just a manner if time. How? Buy it!. I guess you are talking about the earning bitcoin? That would really take a lot of time. We are still in the part of growing services that pays through this currency.

Earning will surely take a lot of time, but if you have physical cash then you can buy it anytime, people who have gone through massive loss in the past surely hates bitcoin.
915  Bitcoin / Bitcoin Discussion / Re: Why should people use Bitcoin? on: May 10, 2016, 01:34:01 PM
Bitcoin is the best payment method which is easy, convenient and very cheap, and you will be able to use it everywhere in future and it can also be an best investment.

Hoping for that everywhere used in the future. I hope countries that are not yet upgraded can also feel that kind of convenience and the cheap price in every transactions that will be made.

We need to recommend bitcoin to people around us, unless they don't know what bitcoin is it is difficult to expect them using it as a currency or as an payment method.
916  Other / Off-topic / Re: Why would customers use Bitcoins? on: May 10, 2016, 01:32:37 PM
Costumers wants to use the bitcoin because he has a unstable variable. Each day he can be
much worth. that's why people use the bitcoin just to hold and wait for a rise or to buy things on the internet.

Yeah that is right. Although holding it can make us really impatient sometimes specially when it is rising . My fingers itches during those times and want to trade it for fiat or just in dollar currency.

But if you see higher price then I think you should sell it, as price will keep on moving up and down on regular basis, but if it falls then you need to wait longer to see it rising again.
917  Economy / Economics / Re: Bitcoin is not the currency of the people and likely never will be on: May 10, 2016, 01:30:54 PM
Well after the Panama Papers scandal ,I am not at all surprised that richest address keeps their savings in Bitcoin, its a normal reaction for anyone with a bit of a working brain. But still even with this happening, bitcoin will always be the people currency because of how easy and safe is to use it (of course when you know what you are doing) . So am not at all surprised by the trend continuing and not declining.

Fiat is the currency of the people. All people use it.

Fiat will always be the first choice of people and there is no doubt about that, but people who are tech friendly and loves to spend time online will prefer to use bitcoin.
918  Economy / Speculation / Re: How it will go to $0 again? on: May 08, 2016, 12:45:13 AM
I don't think that bitcoin will fall to $0 anytime as that is impossible, maximum low bitcoin can fall is around $300 nothing low then that in coming years.
919  Economy / Gambling discussion / Re: IPL(Indian Premium Leauge) t20 Discussion & Prediction on: May 08, 2016, 12:42:00 AM
Kings XI Punjab VS Dehli Daredevil. Kings x1 batting first . lost one wicket in 40+ Runs.
my favorite team is kings xi punjab but I don't bet on them blindly. as we saw in previous game. a very worst team (Bangalore) won against very strong team.
every thing can happen..
good thing was I chose Bangalore, and earned my bet.

Bangalore is one of the best teams in IPL , they have got the best batting line up with GAYLE , KOHLI , WATSON , ABD . Yes I agree they are giving worst performances but they certainly aren't worst team .

Royal Challengers won by 7 wickets against Pune. I thought that Virat's decision to field against Pune might lead to defeat against Pune but the result has proven me wrong. Kohli's half century proved to be bottomline of the match.

Yes a very good knock by Kohli , and he managed to get his century sir , not only half century. He is playing a responsible cricket for his team , but he is lacking support . If the bowlers support him well , RCB still have a chance to come back and win this IPL.

Finally, RCB won the match. It was quite surprising that they won this match and I was thinking they will again go wrong. Yes, they do have best players in the team but if you can't manage to win the matches then there is no use of having good players. I don't think they will qualify for the semi this time. It is quite difficult to win the rest the matches now.

Yeah in spite of having best players in side over the years luck has never favored them,and even this time I don't think that RCB  will get qualify for play offs.
920  Economy / Gambling discussion / Re: How to stay away from gambling? suggestions ? on: May 08, 2016, 12:38:59 AM
Best way to stay away from gambling is not to gamble at all or gamble just for fun,but if you are addicted to it then its really difficult to stay away from it.
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