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961  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: May 06, 2016, 02:17:47 PM
Bitcoin  can never make banks disappear as banks are the most trusted organizations and  holds trust from the society, both will survive in future and we need both of them.
962  Other / Off-topic / Re: Do you still believe in bitcoin on: May 06, 2016, 02:15:00 PM
Yes, for sure. I don't believe the banking system will fail due to bitcoin or any other coin, but Paypal and Western Union will have seriously competition in the next few years.

Totally Agree, WU and Paypal will loose its customers in future for sure when bitcoin will get more popular as the transaction fees in bitcoin are too low in compare to other payment system.
963  Other / Off-topic / Re: How to motivate women to use Bitcoin? on: May 06, 2016, 02:09:22 PM
I think its really difficult to convince women to start using bitcoin, as they don't want to make any efforts in earning as they are really very lazy in it.
964  Other / Off-topic / Re: How many btc do you have? on: May 06, 2016, 01:54:37 PM
What is a good amount to have? Is there some kind of club if you own a certain amount?  Like the 21 btc club or some shit? What is average, and big pimpin?

I never go lower than 21, is that good or bad?

no its not bad that you never go below 21 bitcoins, in case of huge price rise like after halving or so, always nice to save bitcoins for things like these that will rise price of bitcoin

and because i don't have that many, i never go below 5 for same reason, i just go below when i buy something so i pay with bitcoins, but then i buy more bitcoins to have them again

Yeah buying and selling should always be there in bitcoin to see better price of bitcoin in future, I have saved 6 btc till now and will sell at the time of halving.
965  Economy / Speculation / Re: It is Buy time! on: May 05, 2016, 03:41:25 PM
Anytime is buy time if you think the price will be higher later on.

That's true there is no specific time or price to buy bitcoin, if you can afford to then you should keep on buying bitcoin on regular basis.

as long as prices remain below $500 I think this is a good time to buy. as we know, the price will reach $500 more this year, possibly before or after halving

Exactly it looks to be a good time to buy. The reason behind it is upon the price difference that happened within weeks. Right now none is sure when the price increase happens, so buying now is really profitable.

Do not wait for the price drop at moment as I don't think it will happen now, so buying now is good as price will move up in coming days.
966  Economy / Speculation / Re: Bitcoin in 2020 on: May 05, 2016, 03:38:59 PM
The bitcoin is gonna rise for sure because of the halving that is coming and I think the bitcoin is gonna rise in 2020 also, this is because the fact is that there will maybe come another halving in 2020.
Yes the halving is one of the factor that it will increase the value of bitcoin and ith that the factor is that more people are going to adopt bitcoin and so it will also give a good boost to the price of bitcoin as with that the demand for bitcoin will be increased and more people will trust on bitcoin.

Yeah bitcoin will be more popular in coming years, and the market cap and the user base will be higher which will take bitcoin price to a higher level.

Market cap of bitcoin already considered as high but still users are not that dominant because there are people who owns and holds lot of coins. The one that will take bitcoin into higher level is the users that will use (not hold) bitcoin regularly.

Yes bitcoin should be spend actively to see higher price in future, as only holding will not take bitcoin to a higher level bitcoin should be rotated on regular basis.
967  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: May 05, 2016, 03:35:36 PM
If the amount of income in my daily job is the same amount that  I will earn with bitcoin there is a possibility to quit my job but looks impossible because its hard for me to earn with bitcoin.

If you have a good paying  job then you should continue with it as if you quit your job for bitcoin then you are putting your life into a big risk.
968  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: May 05, 2016, 03:33:07 PM
I don't think I will  be holding bitcoin that long as I will convert my bitcoin to fiat when the price will reach to the moon and then fiat will take care of my retired life.
969  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: May 05, 2016, 03:29:47 PM

Bitcoin price matters a lot because greedy people thinking that they will be rich with bitcoin only creates bubbles and hostile investment environements...

..and a that is the basis for some whales to do some pumping and dumping scene that can shake up the market price and will lead to panic buying and dumping for those small holders including the majority here in this forum. Smiley

People now know how to handle bitcoin, so even if the price drops people won't get panic they will hold and wait for price rise so that they can sell at the right time.
970  Economy / Economics / Re: Bitcoin or gold? on: May 05, 2016, 03:27:05 PM
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
Gold.

Why?

1.It has practical uses.
2.Bars are beautiful and pleasant to the eye.
3.It is guaranteed I can sell later, it is not something that may crash overnight.

Gold is most trusted product across the globe and it has maximum number of satisfied customers and it will enjoy that monopoly in future too.
971  Other / Off-topic / Re: Do you still believe in bitcoin on: May 05, 2016, 03:24:33 PM
I have faith in bitcoin and I will continue to believe in bitcoin, as bitcoin is on growing stage and it will be more powerful in future.
972  Bitcoin / Bitcoin Discussion / Re: So, why do we need to use Bitcoin? on: May 05, 2016, 03:22:15 PM
when bitcoin first launching doesn't interest me at all but once it become valuable currency, I'm use it as investation also purchasing goods
There are some good factor why I choose bitcoin compare fiat , for example : low fee and fast transaction !

Majority of the people loves and uses bitcoin only for that reason that bitcoin transactions are too fast and the charges are too low, and that is the best way to get rid of banking system.
973  Other / Beginners & Help / Re: earn 0.5 btc on: May 05, 2016, 03:16:51 PM
I think the primary advice is the signature campaign because while you are posting here you can still apply for the services offered here around if you are really a multitasker. Just grab always the opportunities thay you can, nothing is impossible.

But earning only from signature campaign will take long to earn that amount, but one day you will earn it for sure as campaign gives us guaranteed returns.
974  Economy / Speculation / Re: 1 BTC = 1000$ in 2016 on: May 04, 2016, 09:47:24 AM
It's already 2016$ and I don't think this is going to happen unless we are at least couple of months behind the halving block reward or after it .
Yeah we are almost halve way in to 2016 and there is no sign yet of the price being $1000 any time soon. I guess that this will be happening in 2017 or 2018 but not now. We are not even at $500 so for it to be $1000 is pretty unlikely.


if you focus on late 2017 or early-mid 2018 for the price to reach $1000 again, then the chances for this to happen become much higher. 2016 is way too early and whe don't even know whether or not the price will touch $600 this year.

yes i think too fast for 2016 could reach $1000, although this year there will be halving. 2017-2018 possibility we could see back to $1000.

Yes that price is achievable by the end of the year as price is moving up now and it will continue to go up until the halving occurs so we can see that price by the end of the year.
975  Economy / Speculation / Re: is it time to sell? on: May 04, 2016, 09:45:20 AM
I will not sell until the halving occurs as price is not good right now to sell and it will not give me higher profits so I will hold for next couple of months.
976  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: May 04, 2016, 09:43:16 AM
buying bitcoin and holding it is the safest possible bitcoin related investment. the only risk is the price that may go down. but if you hold it for the long term then it is a solid investment.
It is not a bad thing to invest in Bitcoin today but of you are serious about making money with Bitcoin you should buy more then one Bitcoin.
I am sure that if you buy only one now that you will regret it.

Yeah I think 1 btc will not serve the purpose you should hold more number of coins to earn more profits in future as price is quiet low at a moment so we should try to invest as much possible in bitcoin.

If you will just invest 1 btc and your plan is long term investment. Then you will only earn not that much after a long time because you have only 1 btc in volume. Much better if you will invest more btc for a long term investment. Buy more and hold more and after your set years you will get a lot of profit on it.

Yes but I think if you hold 1 btc  then you need to invest in trading as that capital is enough to start with trading where you can earn good profits in short term.
977  Economy / Economics / Re: When do you buy Bitcoin ? on: May 04, 2016, 09:36:37 AM
buy bitcoins if you know that the price of it will go up.. buy all the bitcoins you can , cause the more the bitcoin the higher the profit,
just crab the opportunity before its too late
yeah I agree with you. bitcoin buy as much as you can. you must believe that the price of bitcoin will rise slowly and certainly has a bright future. so do not be late for this

If you are looking to make investment in bitcoin then I think this is the right time to invest as price is low at a moment which can  surprise us in future.
978  Economy / Economics / Re: The future of the paper money on: May 04, 2016, 09:34:01 AM
People from  poor countries will continue to use paper money even if bitcoin gets  on mainstream as they are not aware what the hell bitcoin is  Grin
979  Economy / Economics / Re: How to earn money with bitcoin ? on: May 04, 2016, 09:30:12 AM
A lot of ways of earing money with bitcoin, the most popular is faucets and signature campagins. Side ways of earing money is gambling and other unrealiable stuff.
The most legit way of earning without you engaging in risk is through signature campaign, I think it is the best job for the average people here in this forum. You can earn a decent amount if you know how to roll you earnings from signature campaign and I recommend to invest it in trading.
Lol faucet most popular ways? are you kidding me?
I'm not sure many people use their faucets for the best way to get bitcoin. it was a huge waste of time and energy?

Yeah faucet is a waste of time and it will pay you in peanuts its better to start earning with signature campaign which is the best method to earn bitcoin on weekly basis.
980  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: May 04, 2016, 09:20:42 AM
So, thew contest is still open and nobody hasn't received this 10 Bitcoins yet. Probablyw never will, this is just hypothetic offer.

10 btc is very huge amount to hold especially for a normal users, and it can be achieved only by gambling I guess but those chances are too rare and not possible for everyone.
That is a lot of money and I will hold it also of course what the most people will do because it is not that smart if you are going to sell it around this time because the value is not that high.
But it can takes a long time until it will reach that high value and we need the patience for it otherwise we are going to sell it too early.
It is allot of Bitcoin and that is why I would just sell them all right away. The price is now at around $450 so that times ten is a nice amount of money.
Everyone would be happy is someone gave them $4500 for free.

Not possible in real life scenario, at it is a big amount to hold in wallet and no one is going to gift you for doing nothing, so stop dreaming  and wake up.
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