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1  Economy / Economics / Re: Who is a Bitcoin whale? on: November 29, 2015, 01:07:46 PM
With 100BTC there is not much you can do to influence the market. I think sharks starts at 1000BTC.

That amount of money gives you some nice oppertunities in 1 medium sized exchange.

1000 is good for a medium/small exchange. But it will not affect the bitcoin market as a whole. In order to do that, you need 100,000 bitcoins.
Even with 25000 bitcoins one can affect the bitcoin market
2  Economy / Economics / Re: Google Ad Revenue on: November 26, 2015, 02:00:04 PM
I think it's a crock of shit. Anybody agree?

Every douchebag with an iphone color wants to be the next pewdiepie and have a giant corporation pay them for buying viewbots.

All the people watching that garbage are wasting their life en mass.

Maybe a virtual currency forum isn't the best place to garner support for that sentiment....
What's really, really crazy is that companies actually pay Google (and therefore site owners) for page views. How many pages have you looked at and ignored every single ad? Thousands I'm sure. It's a complete waste of money and a largely ineffective way to advertise.

Its actually a hit or miss game for the companies that advertise through google.
Whenever I search for a flight ticket google pop up with hotels nearby that location, and I have ended up booking flight ticket and hotel that was suggested by google. That's the business what companies are actually looking for.

but nobody knows how much hit they get.
3  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: November 26, 2015, 12:44:36 PM
It's a good alternative. Dollar will always stay. I hope Bitcoin will come even good known as the dollar and the euro. If everybody found his way to the BTC, the future looks good.
Maybe for the next few decades Fiat currencies will stay intact, but in future it will be cryptocurrencies .I don't know will it be bitcoin or not, but cryptocurrency is the future.
And the worst nightmare... Some rich people in dubai create another coin, and beat bitcoin...  Cry


Lol;) what if some government creates or adopts some other cryptocurrency?
4  Economy / Economics / Re: Mining coins save or sell it? on: November 26, 2015, 12:31:05 PM
Let's say I am spending 250 USD to mine a coin of worth 330 USD, selling it immediately doesn't give me a big profit. If I am selling the same coin for 500 USD then thats a good strategy.
(amount spent on mining per coin in FIAT) : (Value of the coin)
when you get a good ratio convert the coin to FIAT.
i hate fiat currency, i wish i could pay my credit card bills with btcBTC and street sellers offer goods for btcBTC Tongue
5  Economy / Economics / Re: Is the world economy dependent on the American economy? on: November 24, 2015, 06:43:44 AM
Yes for sure. Only dollar is used to buy petroleum products, until and unless we stop buying petrol with dollars we are dependant on american economy. Nobody knows the real value of dollar until that. wondering is dollar a positive value or negative? Huh
Why have a doubt? It is a negative value, thats why it is called the 'PetroDollar'. It is a clever scam.
6  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: November 24, 2015, 06:16:30 AM
Bitcoin price matters, everything value is calculated in FIAT currency. 'BTC to USD' will be one among the most searched keywords in google.
BTC has not evolved into a fully accepted currency. Until it becomes a worldwide accepted currency its price matters the most.
7  Economy / Economics / Re: How too get rich on: November 20, 2015, 10:53:02 AM
Work smart instead of working hard, have a note of your expenditures so that one day you will know where you are spending too much.
Actually who is rich? One who has happy heart is rich. Be happy ,be rich!
8  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: November 20, 2015, 10:32:12 AM
I will quit my day job when my Bitcoin earnings are more than my day job and give my best to increase the earnings. I work 4 hours a day on Bitcoin and I work for a Media company. As of now my day job pay check is 5 times than my bitcoin earnings. But it is not wise to compare this( day job 8 hours - bitcoin 4 hrs). I am setting up few business based on Bitcoin, when those give successful result I will quit my day job.
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