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901  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: May 12, 2016, 12:11:18 PM
The country I am living in I think 100 btc can take best care of me in future as I don't have high lifestyle so even if the price is low I would be satisfied with 100 btc.
902  Economy / Economics / Re: RBS: Sell everything on: May 12, 2016, 12:07:19 PM
I would only sell everything when I am going to stop with Bitcoin because to sell everything at this moment it would not be the best option. This is because the price can always change so if you sell everything you can miss the opportunity to make more money.
Selling everything is never recommended, if you see price higher you should sell some part of  it and hold rest for the future as you can earn more profits in future if price goes higher.
903  Economy / Economics / Re: The future of the paper money on: May 12, 2016, 12:05:24 PM
The paper money will on a day disappear it will of course take a lot of time and I think it will be around the 5 years from now it can happen.
Its getting closer and closer of course but we will what happen.
We never know if the paper money is going to disappear, I think that is not not that good of a idea to make everything in the world digital in the future.
But even then it would take some time before we can do that, it is also going to depend per country.

Eventualy it will dissapear simply because of the benefits of digital money. But yes in most continents it will be used for decades to come. since many countries are behind when it comes to ict and tech.

Yeah especially in poor countries people will prefer to use paper money, as people who are working on daily wages will always get paid in paper money, we can't expect them earning in bitcoin.
904  Other / Beginners & Help / Re: Doubling Bitcoin? on: May 12, 2016, 12:03:14 PM
I'm sort of new to bitcoin, I've made a couple bucks already from visiting ad sites, doing faucets, etc, but is there any other way to earn easy cash? Anyone got any suggestions?
I am not sure I am here for the same thing, I saw the topic doubling Bitcoin so I thought that there is a option to double your Bitcoin is this true or not?
If this is really true let me know because I am interested.

There is nothing like doubling your coins, you need to work hard to double your coins, and beware of ponzi sites that are available who will promise your to double your coins in few days, you will loose everything.
905  Other / Off-topic / Re: Why would customers use Bitcoins? on: May 12, 2016, 12:00:56 PM
People should use it because its way more secure and payments can be done without any traceable facts what makes it very good for these days.
I think in the overall experience its way better.

I Agree that People use bitcoins because it is convenient, easy and with less transaction fees, and bitcoin transactions are available 24/7, it will be used more in future when everyone would start accepting it as a payment method.
Customers should use it just because its controllable by your own and it also is very profitable by just holding.
Customers could pay also easily with it, and globally.
As online currency Bitcoin is being supported widely but if you look at "offline" merchants then they are not even 1% of the number of online merchants.

Bitcoin needs to grow there significantly as that will allow people to spend their coins locally.
It is because currently bitcoin is considered as online currency, whoever start to join bitcoin they are told by the person who invite him that it is an online currency and they can use it for online purchase and payment etc.

Majority of people loves bitcoin because they can earn extra money from it, and it is best payment system when it comes to money transfers with minimum fees.
906  Bitcoin / Bitcoin Discussion / Re: Bitcoin is dead again. This time for sure. on: May 12, 2016, 11:58:49 AM
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.

if bitcoin really die someday, I hope there is a coin that could replace bitcoin, or at least cryptocurrency can survive forever.

Bitcoin will only die in future if it is replaced by some new and innovative currency which can offer better benefits then bitcoin, till then bitcoin is safe for sure.
907  Other / Off-topic / Re: How many people here don't really care about BTC? on: May 12, 2016, 11:57:01 AM
People who are on this forum and using bitcoin surely cares about bitcoin, but people who are not aware about bitcoin yet they really don't care what bitcoin is.
908  Economy / Speculation / Re: Will bitcoin hit $600 this year or down to $200? on: May 11, 2016, 06:07:03 PM
More likely to see the $600 than a dive down to the 200s.
And I really hope we will see the 600+ as this would be a really bullish sign for us in the community and a strong positive signal to the mainstream media that Bitcoin is far far away from being dead.
I think bitcoin will never die because more countries are adopting bitcoin.. just like brazil more store are accepting bitcoin as payment.. and i think some will adopt bitcoin they can invested a machine to use bitcoin like arcade.. gambling machine or any kind of store related to bitcoins.. os its impossible that bitcoin will be die..

Bitcoin cannot die so easily for sure and if we talk about the price then I think $600 is likely to achieve at the time of halving and will  not fall to $200 again in near future.
909  Other / Archival / Re: should i save btc for future? on: May 11, 2016, 06:04:18 PM
Saving some bitcoin is always good and with the future it has its even recommend, I would now for sure save up some bitcoin without any doubt.

Yeah and I think if we should not sell all our coins, we need to hold some part of it for future as we never know what will be the price of bitcoin in future.
It’s no secret that the value of Bitcoin is extremely volatile and unpredictable. Similar to the stock market, Bitcoin prices can increase or decrease over a short period of time. Because of its young economy, novel nature, and liquid markets you should never store money that you cannot afford to lose with bitcoin.


The best way to deal with bitcoin is that you should sell if you are earning profits from existing price, as saving for long term would be really risky if bitcoin falls or disappears in future.
910  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: May 11, 2016, 06:01:52 PM
It would be bad for you if you are going to full time on Bitcoin and that is because you never know what is going to happen with Bitcoin and that is the problem.
So you life will depend on a currency and that is bad because than you cant also control your own life.

Yes and I don't think that is the smart move to make at this point, price is not affordable to quit our full time job and get into bitcoin and if price falls extremely in future then it will difficult to take care of family.

Very true and its a very risky decision to make, as your lifestyle and standard of living will also keep on fluctuating with the price fluctuations in bicoin which is really sad.
911  Economy / Economics / Re: USD vs BTC on: May 11, 2016, 05:59:07 PM
The dollar will win easily if you ask me, look how big it is and the bitcoin is even depending on it.
The bitcoin is way too small to ever win from the dollar..

True, people trust in dollar and follow to dollar in everything. It's the most popular currency nowdays and also the biggest one. Bitcoine can't compete dollar anyway.
Bitcoin is getting more worth and more used now around this time and that is because people are making it more acceptable so that is perfect.
But the bad thing that we cant control is the value and that is the most risky thing.

The price of bitcoin is uncontrollable and that makes it unique from other currencies, and people who were trading forex are switching  to bitcoin trading to make good profits.
912  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: May 11, 2016, 05:56:37 PM
You should never do this because the fact is that the bitcoin has such a good future compared with other currency's.

Yes even though still it is in the process of adoption of other countries and people to this currency. In the end, it will become more beneficially to all of us the use bitcoins because it really has a good future.

There is no doubt that the future of bitcoin is bright in coming years, mass adaption will take price of bitcoin to a higher level, holding for 5 years and then selling would be more profitable in my opinion.

Holding a small amount of bitcoin for long term is not a problem for most of us. We can put $200 away for 20 years.

You can do this but I do not recommend you this because the fact is that holding it is just not smart if you ask me, you can better long term invest with large amounts!

For me holding and investment is same as if I am holding for long term that means I am waiting to get best returns on my investment, but I would prefer to sell on regular basis to earn small profits.
913  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: May 11, 2016, 05:53:54 PM
You need a lot of bitcoins to retire in 20 years, I think you will need around the 250 bitcoin to really have a nice retirement if you ask me.
With a lower amount it will just not work.

It also depends on in which country you are living, as in third world countries the cost of living is not too high, so I think even 100 btc would be enough to live luxury life.
914  Bitcoin / Bitcoin Discussion / Re: Why should people use Bitcoin? on: May 11, 2016, 05:51:41 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.
Bitcoin will be the future payment method and that is the best thing that can happen to the currency.
You also see that Bitcoin is getting more acceptable and that is also perfect for the future.

You can even earn some money with it and that is nice.

Bitcoin  is the only currency who value keeps on increasing over a period time and even if the inflation rate is high it won't make any difference as it will take care of that too with higher price.
915  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: May 11, 2016, 05:48:23 PM
My plan is just too get rich by holding the bitcoin long enough and that soon or later cash out to make big dollars.

This could be good indeed but I would not use this only to get rich you can better also trade these days.
With this 2 combined you will make profit for sure without any doubts.

Yes and we have an opportunity to grow our coins in the form of trading so we should not miss this opportunity, as only holding will not highly profitable.
916  Bitcoin / Bitcoin Discussion / Re: paypal or bitcoin? on: May 11, 2016, 05:46:11 PM
Paypal is trusted one
They are maybe trusted but they are sometimes very annoying, they already limited 2 accounts of my that had around the 700 dollar on it..
I really hate them.. the bitcoin is way better no limitations.

Paypal is okay, but bitcoin has a lot more advantages, it can be used for investments and also for payments and that makes it so sweet.
I even think you cannot compare them with each other.

The only thing that makes Paypal more popular then bitcoin is that it is accepted by almost all sites and same is not the case with bitcoin at a moment as very few sites accepts bitcoin.
917  Economy / Speculation / Re: If bitcoin dropped to $1, what you do? on: May 11, 2016, 05:43:13 PM
Selling of course, who would not sell on such a amount,the bitcoin can never get back up with some a amount.
Normally the bitcoin always get back up but with 1 dollar this will not happen for sure, than it will be over.

Yeah if bitcoin falls to $1 ever in future then it will be an end of bitcoin era, as people will surely loose all their faith from it and will switch to some other product for making investments.
918  Economy / Speculation / Re: Bitcoin's Price Starting to Go Up.... on: May 10, 2016, 09:37:06 AM
The Bitcion price is rising for a while now but is not rising pretty slowly if this goes up I am not sure if we are going to make $500 this month. The price has to rise a bit quicker for it to actually happen.

But the best thing it is moving upwards and not downwards, so there is full possibility that we will see $500 price in next couple of  weeks.
919  Economy / Speculation / Re: BTC going up for 500$ again ? ::) on: May 10, 2016, 09:34:30 AM
The bitcoin price is going to a higher amount and I'm very sure it will go to a higher amount this year, the bitcoin will go to the 500 dollar for sure, I really have no doubts about that to be honest.
The bitcoin has a very good future and its also is almost at the 500 dollar its now around the 450 if I'm right.
The price will only reach maybe in December that value and that can be nice indeed for the people who already have some Bitcoin because they all want to make some profit.
But you need also some patience for it otherwise it would be not possible for you.

The price could break the $480 level in the next few weeks, then it will hovering around there for some time.

the movement of price has been so good lately and it might continue up this way too so $480 may be here in no time by the end of this week even. there is nothing stopping it either, bitcoin has been ready for the rise for so long and now it is time to see the rise in action.
I believe that price won't stagger hereafter, just continue growing and within few days it will reach $500 and soon after that during halving it will hit peaks leaving good profits for its users.

The price has risen too fast. I think it will consolidate and absorb some profit taking. Then it will go up again.

Yeah price has started to move up now and we can see $500 by the end of May or by next month, and I believe that bitcoin will reach to $500 before the halving.
920  Economy / Gambling discussion / Re: How much can you earn with gambling? on: May 10, 2016, 09:31:45 AM
Any sites you recommend?
Strategy?
No way that you can ever be certain. It completely depends on luck and your boldness to put money on the line. No strategy, nothing. I don't recommend any sites. I wouldn't even recommend gambling. You should take advice from an ex-gambler. Sad

Gambling is never recommended,but majority of people wants to try their luck on gambling to make quick money which results in loosing everything in long run.
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