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1  Bitcoin / Bitcoin Discussion / Re: Are you surprise by bitcoin price now? on: November 11, 2017, 12:07:30 AM
Yes i am surprised because when i started the price was at 3k and now it is at 7.2k in just 2 months it has already become so high i totally did not expect this but now i do expect it to become 10k at the end of this yea easily.
2  Economy / Economics / Re: Is it better to save money or invest it? on: November 11, 2017, 12:04:21 AM
Just invest money in bitcoins and save some bitcoins and invest those bitcoins in other altcoins this way you will have profit from altcoins and from bitcoins that is very fast and very big profit but first search in which altcoins to invest.
3  Bitcoin / Bitcoin Discussion / Re: Why owning 1 BTC becomes harder everyday??? on: November 10, 2017, 11:59:59 PM
Wow, bitcoin price is increasing everyday at lightening speed!

Are you not afraid someday 1 bitcoin will become currency for the rich dudes?

I know we all want to buy and save more bitcoins in pieces, but the way bitcoin price is going are we really going to keep up?

Edit: I'm talking about owning BTC1 or BTC2... I know people can buy satoshis and save in their wallets.

What do you think, guys?

then just hold, if bitcoin someday would become the currency of the rich then you belong to them also, but first bitcoin fees and other issues with it should be fixed.
what other issues you have regarding bitcoin?
And fees will be lowered after 16 November because the transaction speed will increase and it will much easy for miners to hatch the code. And yeah holding is much better option because bitcoin will keep rising.
I agree with you on the fact that holding is a better option but there are other issues like it is too expensive to actually invest in one bitcoin and a lot of people are holding it and do not want to sell it that is also a thing.
4  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 10, 2017, 11:56:13 PM
This would be a one hell of a big troll if something like this happens i will cry because in a way we can all make a lot of profit from the fork even if it goes down or up we will still be able to make a lot of profit out of it.
I agree with you it is funny how the pump can make the price go up and then people will have a lot of profit if they have a lot of bitcoins but if the price goes down then people who have a lot of altcoins will have a lot of profit.
5  Economy / Economics / Re: $50,000 Bitcoin In The Next Couple Of Months? on: November 10, 2017, 11:50:41 PM
No that is not possible because people will not be able to pay 50k for one coin and in such a small time it cannot grow this big 2017 was the year of bitcoin it has already grew up 6.5k since January i do not think it can go 50k in a couple of months.
6  Bitcoin / Bitcoin Discussion / Re: BITCOIN FOR GAMING on: November 07, 2017, 07:06:36 PM
It would be a great idea because that is a very good way to reach a lot of people that something like bitcoin exists and almost 30% of the world population are playing games this is a very good one to also reach teenagers.
7  Bitcoin / Bitcoin Discussion / Re: If bitcoin will be used in our daily transactions. on: October 14, 2017, 11:55:32 PM
Then it would be known by everyone and everyone will start finding ways to get bitcoins companies will start their own blockchain people will rather post than go to work and earn money the harder way.
8  Bitcoin / Bitcoin Discussion / Re: Bitcoin, is it worth spending time collecting it? on: October 14, 2017, 11:44:29 PM
Is it worth spending time to collect Bitcoin rather than having a daily job? What I mean is that can bitcoin be more economical? Has it ever happened that people lose their investment value rather than benefit from spending it on bitcoin?
What do you mean by collect? I would recommend for you daily job and then from money you earn, buy bitcoin.
Collecting from faucets or any other means are far far far less efficent than actually working and buying bitcoin from your payroll.

By collect I mean to buy

So its seems like a long term deposit which would finally end up in benefits right? I mean has it ever happend that it let you down? Expecting to be received benefit yet you don't?

So, you buy bitcoins for investment ? I think both are good if collect bitcoins as an investment. Because having a daily job also good, you can earn money with it and you can use the money for buying more bitcoins. If collect bitcoin means collect free bitcoin from faucets, it's really not worth.

For me the safety way do earn bitcoin is just collect bitcoin than investing because sometimes in investing it dont have a good result for the bitcoin user because of the scammer user.
Earning bitcoin is the most beneficial way of utilizing time according to me. Bitcoin is worth all of our time. The more someone will put efforts, the greater will be his income. If someone loves this present and future, he will be spending a good part of his day in bitcoins.

I heard about the book and have been suggested by some of my colleagues also but really forget every time but this time I will make sure I accomplish this task.
Earning bitcoin is not that much easiest and it requires a lot of time and skills for securing such a valuable income, signature campaigns are nowadays in market one can work for them and can easily earn bitcoins through it and this requires minimum efforts and also beware of all the scammers out there and work for the authentic ones.
I agree with you bitcoin i not easy to get and it does take a while to have the amount you actually need but there are not only campaogs my friend you can also join ICO's and Airdrops there are a ton of new one's.
9  Economy / Speculation / Re: Crazy Bitcoin UP TO 5000$ Please some one stop it on: October 14, 2017, 11:38:43 PM
Why stop it? It is actually very good because this way everyone will make big profit out of bitcoin and that is what we all wanted, but i would still suggest to not sell it now because it is going to get higher.
10  Bitcoin / Bitcoin Discussion / Re: What Is Your Bitcoin Dream? on: October 14, 2017, 11:26:14 PM
My bitcoin dream is to have a good financial future and to have a big house with a car an enough money to start a  small or big business this way i will still earn money with bitcoin and my business.
11  Economy / Speculation / Re: 2 Days back i sold 17 BTC for 4968 $ on bittrex - i regret on: October 14, 2017, 11:15:48 PM
hello just 2 days back

I sold around 17 BTC for 4968$ on bittrex

and bitcoin price got pumped recently

should i wait for price drop or should i buy at current price  ?
You can't do anything now but to wait instead of buying at higher price. Don't worry about it as there will be the time that the price of bitcoin will go down eventually after the quick pump. What's even the reason why you have sold that 17 bitcoin? You've got $84,000 and that's barely a lot of money, if I were you I won't be gambling at the current price of bitcoin. I know there will be some proper correction maybe if it will be back at $5,000 go buy some.

Barely a lot of money? speak for yourself moneybags thats a lot of money for 90% of the world.
That said do as I say not as I do - buy them back and forget about btc or trading until 2020. You shouldn't give 2 fucks about a $600 difference per coin by that time.

What's with the rage? Do as you say or do whatever you want and do whatever you think which is right. If you think that he shouldn't give that thing about the $600 difference then it's up to him. I was curious why he really have to sold all of those 17 bitcoin if he's in need of cash he can just sell 10% of it and use the cash and just do just like what you say and hold it until 2020.

I think he should read a lot about trading to gain confidence.  Grin
Because if he will not then he will constantly posting here asking for advice. Which will make him confused, for there are so many different advice of course he can choose the best but it's hard to identify. Smiley

I know his feeling about buying at that rate and seeing the price right now which is accelerated and we don't have any idea if it is about to get back. But we may not know if that price will be able to get back but I have a feeling that we are now in a good stable, floor price of $5,000. He's confused actually and he really don't know what to do because of selling at that price but for me, profit is profit.

Yeah you should not regret if you have made good profits by selling your bitcoins as the price of bitcoin is something no one can have a control and if you have bought at low price then there is nothing to get disappointed as you will get many opportunities in future to make regular profits and now I think he should wait for the price to drop so that he can buy some more coins at lower price.
I agree with you but i understand why he is in regret because why sell it at 5k if after a day or 2 you can sell  it for 5.7k he did not make a loss and profit does count as profit but you learned to not give up fast.
12  Economy / Speculation / Re: Do you expect a crash soon ? Or you see bitcoin keep climbing ? on: October 11, 2017, 05:51:57 PM
I expect it too keep climbing and i also think that it will reach a level of maybe $10k. There also won't be a crash for long because bitcoin keeps getting improved and a lot of wallers are secure for hackers.
13  Other / Off-topic / Re: What's your way of spreading Bitcoin knowledge? on: October 11, 2017, 05:42:45 PM
I also did it some time ago where I showed two of my classmates my bitcoin wallet then the amount inside it as well as its price in my local currency and as usual they get curious too and asked how is it considered as a money or how it can used to buy some stuffs and how can I convert it into cash . I explained to them how can bitcoin works and how it can be used as a medium of exchange or payment, why it has a value and lastly how am I earning it .
I limitedly spread my knowledge about bitcoin because i think if the numbers of bounty hunters are getting high the possibility that you can get a high stakes is getting low.

If you want to get a high stakes in a bounty campaign, you need work hard for it. Also, if people get into bitcoin, you don't have to worry about your stakes since they will not join your bounty campaign but the forum. We are talking about bitcoin and not your stakes on the bounty campaign.
I agree with you that we you need to get high stakes in a bounty campaign but i think there are more things than just this forum like trading and doing ICO's i think you should need to try everything and adjust what is the best for you.
14  Bitcoin / Bitcoin Discussion / Re: Russia banning BTC? on: October 11, 2017, 05:33:21 PM
I don't know why they are doing that about 3 to 4 weeks ago china also banned bitcoin and the price of bitcoin went down but after a couple of weeks it went up again to the same price.
15  Bitcoin / Bitcoin Discussion / Re: Do you agree with idea "Bitcoin bank" ? on: October 08, 2017, 12:00:17 PM
No i do not agree with bitcoin bank because that is what makes bitcoin special that it is not kept by a bank or some other kind of holder but it is kept safe with yourself in your hardware or online wallet.
16  Economy / Economics / Re: If you have a lot of bitcoin, should you spend it or save it? on: October 08, 2017, 11:51:24 AM
Let's say I have 2.1 BTC And I don't spend it. Will it go up a few cents if I save it? Cause in my wallet I have up to about 50 cents worth of bitcoin. I started up with 13 cents 7 months ago. Now all of sudden I have bitcoins worth 50 cents. What do you call this? I only made that one 13 cent deposit. Nothing else!
If I have lots of bitcoins in my wallet for now I will just save it and maybe after two to three years in time I will spend some of it. Bitcoins is a good investment for me and I believe that saving bitcoins can make a person rich. If you really want to become rich save bitcoins and let it their in the wallet for years and then you will see that you are rich.
Indeed, that is the simple way of getting rich in bitcoin. If a person wants to become rich but he want it to become true in just a short period of time then they just need to buy bitcoin and save or keep it on a safe place for at least 3 years and come back to check it and they will be surprised that their investment will be grown up too much than what they expected.


For me i save it.i spend this if  the bitcoin high buying or i spend it if i buy a  property but now i save it because i want to get more bitcoin.
I woul spend some and save some because you can spend some to start an real life investment and you could also save some for if that goes wrong 50/50 and if both go good that means you will have a lot of profit.
17  Economy / Economics / Re: Was Bitcoin actually just a Pump and Dump? on: October 08, 2017, 11:20:59 AM
The price of bitcoin is still at $4k i don't think that even if bitcoin will stay at this price it would be a dump becuase it is a very high price and i think bitcoin will get another pump but not as high as it got earlier i would say it will go 2 to 3 times the price it is right now.
18  Economy / Economics / Re: Can bitcoin improve the economy of a country? on: October 08, 2017, 11:08:19 AM
Bitcoin can not change the economy of the country. It's just money that you can pay off or earn it. To improve the economy, it is necessary to take action, and not to introduce a new currency.
A solid currency can in fact make a country or even the world more prosperous, when gold was used as the standard around the world we saw one of the biggest growth in investments in the world, because people know that their currency was stable, now that trade is based on the dollar and those dollar keep being printed as if they could print them forever governments are trying to get rid of their dollars as fast as possible.
As far as I know any country is limiting themeselves on printing more and more fiat currency as printing more may devalue or depreciate the fiat currency. It is really not a wise plan as the economy will fall from prices of commodities going up and the exchange rate going down your country will face a very bad recession. And the way how you think that Bitcoin will be the next gold in terms of investment I am hoping that it is true and it is now the time for us common people to become wealthy.
Exactly a currency that can be printed at will and that has no limit helps the government and those that are powerful and have connections with them, but it does not help anyone else, the people benefit by having a currency that cannot steal from them with the hidden tax of inflation, once we have money like that whether that is gold or bitcoin the prosperity of the world is going to go up

If it were so, we would still be on gold now

But we ain't, and it is not someone's whimsy. You are certainly correct that printing excessive amounts of fiat helps government and those powerful people to become wealthier while making ordinary people poorer. But this is a heavy abuse of the power of fiat money. Fiat money has an advantage before gold (and cryptocurrencies, for that matter) in that it can be created as well as destroyed according to the requirements and needs of the economy. This is not the case with Bitcoin and the rest of the pack
The short term effect of printing more Fiat currency is good but like what I said it is on a short term which means it is only temporary. By printing more Fiat currency in your country you are only devaluing it as you are causing an over-supply of your own Fiat currency even if the demand is not going up.  Printing Fiat currency won't be a solution for a country who has a right mind, even United States are not printing more U.S. Dollars to pay of their debt. But the different thing about Bitcoin is that when someone receives Bitcoin as a source of income in your country it actually becomes part of an improvement for your country

I was talking about printing excessive amounts of fiat which is certainly bad

And which I made clear right at the beginning of my post. In fact, in the modern fiat system the government of a country or its central bank doesn't need to print anything at all. Just like I said, money can be created and destroyed as required by the economy itself. If the economy expands, banks loan out more money, and thus more money is created. Conversely, when the economy shrinks, more loans are paid paid back (or written off in case of the borrower's default), so the amount of money in the economy diminishes. That's why the modern fiat money is called credit money since it's created and destroyed via bank credit
yes it is not to difficult for bitcoins to improve the economy of the entire country because the price of each bitcoin is much more then gold so if each person of a country started using bitcoins than within one month you will see changes in the economy of country.
I agree with you but i don't think it will be in one month i would guess it would take 1 year to improve the whole country and not only the citizens need to use it but also the government this way the economy will be doubled it may even go triple the situation it has now.
19  Economy / Economics / Re: China banning bitcoin exchages, good or bad? on: October 03, 2017, 07:02:39 PM
When they first banned bitcoin exchanges the price of bitcoin went from $5000 to almost $3000 so i think that is very bad yes but now bitcoin is going up again and i think that there will be a big update and bitcoin will get another big boost.
20  Economy / Economics / Re: Most people dont even know what this is yet. on: October 03, 2017, 06:55:46 PM
Hey, guys, you will not believe... But I really know a few normal, regular people, who work at their work, who have families, children, do shopping and so on. But they even don't know... e-mails!!! Really, they can not use computer at all. And they consider themselves - normal, usual people. They work 12 hours a day and when they come home, they hardly have power to get to the sofa and switch on TV. So wht BITCOIn are we here talking about???  Wink


Absolutely right were still on the beginning of bitcoin era. Most people don't know what is bitcoin or a digit currency now a days. But it becoming the most uses as mode of payment by other people and that well accepted by merchants becoming popular in this present years.

Bitcoin is probably geared toward the younger generations. Computers, the internet, and emails were always harder to learn for the older generations but the younger people grew up with these technological advances so they were used to it from a young age. The same is happening with Bitcoin and other cryptocurrencies. The younger generation will be more used to it and will understand better than older generations. It's going to take time for Bitcoin to catch on but it will happen gradually. At some point, Bitcoin will be as well known as smartphones.

Maybe yes, and maybe not) There are a lot of young people technologically educated, but they don't ow much about cryptocurrency. My son is a programer, nut he is JUST NOT INTERESTED IN THAT. on the other hand - I am crazy about the topic., though I am 57. And, by the way, older generation now is not the same as it was even 10-20 years ago.
Good to see that there are oldies who are engaging already on bitcoin which is actually a nice thing.I agree on what you have said here those people who are older compared on those previous years or decades is really different knowing that technology do innovate even more which adoption or awareness on techy things would really be there.
I agree with you old people are hard to explain and learn what bitcoin actually so is the same for kids and even for the parents who go to work everyday i guess what you will need the most for bitcoin is time a lot of time.
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