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1  Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy on: October 10, 2015, 11:00:18 AM
Lol i am waiting for bitcoin to hit atleast $150 and they go and stop at $1800 then it would make me a lot of profit.

Whoever bought at the higher price and hasnt sold yet even after BTC is taking a deep crash means that the person believe that BTC will be 4-5 figures and that is the reason that he is holding. Having a higher price for now isnt feasible, the last waves happened because of the Greece + chinese stockmarket hype and if there isnt any of this hype, there wont be a solid waves though.
2  Economy / Economics / Re: Is it better to save money or invest it? on: October 10, 2015, 10:57:22 AM
For me both, the money I save I will put in legit Iinvestment site ir fitęden,, cd vne othee | watch vehicle

Saving your money isn't a form of investment because the interest earned is pretty much low, even if you compound them over for a year period then you will get the interest rate will be lower than the yearly inflation rate . That means you are losing money each time you save them up, however atleast you are exposing your funds to a smaller risk . On the other hand there is always a safe deposits which could be consider as a form of investment.
3  Economy / Gambling / Re: Primedice.com | Most Popular & Trusted Bitcoin Game | Huge Community | Free BTC on: October 10, 2015, 10:53:55 AM
Trust is a matter of perspective. There is not a guarantee that Stunna might think that they are trustworthy enough to handle the support service. In fact this is a big leap that Stunna finally trust someone to finally add some new support staff , so lets just sit back and see how this new support staff will improve PrimeDice support service.
4  Economy / Exchanges / Re: Bitcoin debit card on: October 10, 2015, 09:55:18 AM
Bitcoin debit card may be an advantage as well as a disadvantage to the people. Transactions may be way faster than usual with the help of btc debit card.
it may take higher for the transactions fee comparatively and this may be prone to hackers.
5  Economy / Gambling discussion / Re: Everyone looses in the long run on: October 10, 2015, 08:42:11 AM
Yes, people always loose in the long run, If you won one day then you will definitely loose next few days. If you calculate at the end then the money you have loosed during the gambling will more than what you have earned. So I would like to suggest that just play for fun and do not get addicted towards gambling.
6  Economy / Economics / Re: Is it better to save money or invest it? on: October 09, 2015, 08:12:33 PM
Is it better to save money in bank or invest it online, in real estate or maybe gold?

if you want a longterm and safe investment id recommend gold as its value is steady,
and if you want a steady cashflow id recommend to invest on realstate as it gives
you a steady income.


i think buying it right now is the only good option as the prices are falling down so it is a great news for the new entrants who wants to invest in the bitcoin and we wish that prices should go up in the next years but you cannot be sure that it would become true as market is volatile and so is the bitcoin.
7  Bitcoin / Bitcoin Discussion / Re: Bitcoin: Should you stay or should you go? on: October 09, 2015, 08:10:41 PM
Without a defining killer app, I am confident that Bitcoin will, in fits and starts, inevitably return to its 2009 levels. It would be pointless to guess how long that process will take; or when that killer app will appear although I am also confident it will appear at some entirely unpredictable point.

I'm easily old enough to remember the very early days of personal computers. I remember a story from The Wall Street Journal in which a reporter interviewed a small-business owner (I think an auto-repair shop) who had bought an Apple II. The reporter asked the man what he thought of his purchase. The man stared glumly at the Apple for a moment and then sourly commented: "The damn thing just sits there."

Exactly. The world was just never going to buy into a command-prompt environment in a really big way. But the Mac came along and then the world began to change. (Be like the Mac! Bill Gates commanded his troops developing Windows 95.) And so it will be with Bitcoin. The world will never buy into it until an environment comes along that makes it easier, safer, and a lot more fun to use. Until then, the price will suffer periodic whale-dumps and then sort of bounce, spurt, and finally just roll along long enough for people to start talking (again) about "Bitcoin's recent price stability." And then yet another whale-dump will splash the water and the retroactively obvious cycle will begin again.

If you decide to go, then you will miss out on the killer app that will send Bitcoin to the moon and beyond. If you decide to stay, then you will watch the value of your stash just ebb away before your eyes. That choice defines your control.

As for me, for now I'm going to stay. But I've got Coinbase and can go in a second. That could happen at any time too.

[Comment added June 23, 2015:

My conclusion: stay. The blockchain itself will be the killer app upon which all other apps and bitcoins' fiat value will depend.]




I'd stay.

Agreed with you, We have worked so hard on earning bitcoins so it would be foolishness if we leave at a moment. Bitcoin needs a support from us and everyone to regain its value So I don't think it would be wise to leave in between we should continue with the bitcoins.
8  Other / Off-topic / Re: Bitcoin and Porn on: October 09, 2015, 08:08:45 PM
I've always thought of this, but seriously? VR porn? This will appeal greatly to those people who don't have an active sex life! Plus is, you could pay with bitcoins! I wonder how would the service turn out?

Seriously? You hadn't realized the potential market for VR porn?
My guess is that market will explode sooner or later...
why i must spend so much money for virtual reality porn when i can got the real ones  Grin
i would make the hooker knew about bitcoin , i can refer people and get what i need just in one times  Grin

I don't understand why one wants to spend his hard earned coins on porn?? I mean there are many free videos available on google so why one would spend bitcoins just to enjoy porn?? It is better to spend bitcoins in other things rather than spending on porn
9  Economy / Economics / Re: Best way to turn 2BTC into 4BTC on: October 09, 2015, 08:07:14 PM
i dont think that there is an easy and efficient way to do that, if you really want to do it you have to take risks gambling them all or investing in a hyip what means you might loose everything

You can make easy money if luck favors you and only if you have a sound knowledge of trading or gambling. And for me gambling is the best as I gamble only on those sports which I have a knowledge so if you research on sports and gamble you can easily make a good money out of it.
10  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: October 09, 2015, 08:05:48 PM
For the first time, when I look at the offers on LocalBitcoins.com, there are a half-dozen currencies ahead of the US dollar, offering a higher price for Bitcoin than US dollar users.

Euros, South African Rands, New Zealand Dollars, Hong Kong Dollars, Polish Zloty, Malaysian Ringgits.

It is no longer just the US, EU or even China driving adoption.  There is a market for Bitcoins in major countries all over the world.

Many people feel that bitcoin can have the largest impact in developing economies with weak fiat currencies. Most of the world does not even have a bank account. Bitcoin can help

Yes it is spreading all over the world but it is not as faster that it should be and the reason is lack of awareness among the people of the country. It is on the way to be a global currency but it will take some time and it is only possible when there is acceptance across the globe.
11  Economy / Gambling discussion / Re: How much can you earn with gambling? on: October 09, 2015, 07:56:51 PM
No one can predict this, it's all about luck and how much risk you wanna take. Although betting on football and cricket matches you can use statistics to reduce the risk and watch out for highest probabilities and that's pretty much it. I would advice that if you are gambling then just play for fun and don't addicted towards gambling otherwise it will wreck your life.
12  Economy / Economics / Re: Good read on the future of the dollar on: October 09, 2015, 07:47:09 PM
I think future of the dollar is not so bright but will remain the main currency for global trade. Over the years dollar is falling against the EURO and pound,  its not fighting back so the future is not so bright. Totally agreed as someone said earlier that it also depends on a lot of things and factors like interest rates, the growth rate of the economy and growth rate of other economies etc.
13  Economy / Economics / Re: Thoughts on "holding" Bitcoin on: October 09, 2015, 07:42:42 PM
I think its not a good idea to hold your bitcoins as its little risky. You can hold 30 or 40 % of your bitcoins which is safe. Bitcoins price is way too volatile! I would not buy BitCoin, but I do get small amount of BitCoin and will hold it.
14  Economy / Economics / Re: Best way to make a living online? on: October 09, 2015, 07:35:16 PM
There are many sites available to earn money but its not enough to live a happy life. The only way I tried to earn online money is the signature campaign and it's just a tiny amount, and unfortunately not passive, you can't sit back and see some money money coming every month, so unfortunately we have to stick to a job and then consider online money as a alternate source of income.
15  Economy / Economics / Re: Why people dump their Bitcoins ? on: October 09, 2015, 07:26:40 PM
There are multiple reasons for which people are selling their bitcoins. few people dumped it because of panic, some people lose patience watching the price of bitcoin drop and they just got panic enough to sell their coins and walk away and thus dropping the price of bitcoins little more. One more reason is loss of trust in bitcoins.
16  Economy / Economics / Re: The Real Story of Gold on: October 09, 2015, 07:21:29 PM
Gold is very popular over the period of time. Anyone can directly buy the gold and anyone can invest into the gold. Demand of gold is always high; some people invest in gold, some people need for jewelry and other cosmetics.  I think it's a good idea to have at least a small part of one's portfolio in gold and this is a good time to get in. Prices have come down from recent highs and demand will only increase.
17  Economy / Economics / Re: Did Bitcoin Ruin Your Life, Or Help Your Life? on: October 09, 2015, 07:17:26 PM
I believe that bitcoin is helping our life in different ways, not only fast transactions but also for online shopping, online recharge of phone or skype credit, etc. The people who know the exact use of bitcoins will be definitely benefited by the bitcoins and now it has become a part of day to day life. I mean I turn off the websites that doesn't accept payments in bitcoins.
18  Economy / Economics / Re: Can the US win the currency war? on: October 09, 2015, 07:13:23 PM
I don't think that there is war related to currency. It will not much matter, in the short run except for the lose of prestige. All Currencies are traded and valued against each other. When it comes to Saudi Arabia they trade oil based on the US Dollar but take payment in all forms of currency. A currency war would be more devastating for nations that have Fiat Currencies.
19  Economy / Economics / Re: A Resource Based Economy on: October 09, 2015, 07:07:44 PM
It will not work because resources are limited, and human needs aren't. It would take some serious brainwashing to get people to willingly restrain their consumption. Further, economy with free goods cannot sustain population growth, because it requires continuous innovation to make the same resources feed the increasing population.
20  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: October 09, 2015, 07:04:16 PM
I think it depends on the price of the bitcoins and the inflation, you can not predict the money value of current day after 20 years. I will say that don't store bitcoins for 20 years, you never know where the bitcoin-economy will be after 20 years. For the best case, get 10 bitcoins, sell it whenever you think the bitcoin exchange price is at its best and then keep that money in fixed deposit for 20 years, this is more safe.
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