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481  Economy / Economics / Re: When do you buy Bitcoin ? on: August 29, 2016, 10:44:29 AM
Just wondering when everyone buys bitcoin, weekly, monthly or just on the falls?  thinking of setting up something regular to ride out the waves.....  Grin

I am not buying any bitcoin now since I don't have the funds yet but I am planning on buying it monthly when my funds are already stable and I can separate a fund for bitcoin. I believe that its value will increase in the future so I'm treating it as investment allotting an amount every month if possible. I will also look at the charts if its price is low compared to the previous days and then I will buy it.

I am doing this for a couple of months now and I am tellinh you it is worth it. I got a lot of profit now and I have bought some things for our house. It is a good plan and once it is all done you will feel it.
Wow! you must has bought a good number of bitcoin to have that income, you know what. It is really nice to see this cheap price as it gives us the chance to buy cheap bitcoin and there is a big chance we could also earn great profit in a short period of time.

Yeah, the price now is much better I am also trying to buy at this price whenever I get some money for that, in this stage we do not have to care about our schedule of buying bitcoin as no one know that for much time the price will be in that lower price, everyone is sure that sooner the price will start to increase.
482  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: August 29, 2016, 10:33:02 AM
Many people dream about house to build or to buy their own but others till dream only because they cant afford to buy a house. If you have a 10btc above maybe its the time to wait the price of btc hit your desire price before you make a decisions to buy a house or invest it again.
But if i were you if have a 50 btc and above now you make a decision to buy a house or to build it becoz 50 btc if you converted it into cash is enough to build a house if you have own lot.
50 bitcoin are equals to 29,854 USD which it is far than enough to build or buy a house if you live in USA, as average cost for custom home building are around 304,268 USD according to home advisor. so you need 450 bitcoin more to build a comfortable house in USA.

a house are property and investing on property are pretty wise choice. you should not procrastinate it.

Your calculation is right but it is according to the current price of bitcoin, and the OP is asking that when the price of bitcoin rise up very high, I hope that in some years the price of bitcoin will be much high and hewill be able to buy a house with only a smaller amount of bitcoins.
483  Economy / Economics / Re: Bitcoin or gold? on: August 29, 2016, 10:29:09 AM
Bitcoins is my choise, gold is very trusted and time tested, but i like everything new and interesting so choosed bitcoins, i hope it was right decision.

Gold is time tested but is proved that it is not profitable like bitcoin, with gold we will have to wait for much longer and we will have a bigger amount of that to earn some money but in bitcoin we only need some amount of bitcoin and within a smaller time period we can earn higher profit from that.
484  Economy / Economics / Re: Is it better to save money or invest it? on: August 29, 2016, 09:59:06 AM
You better save your money until you find a decent investment. Not investing is a better a lot better option rather than investing in a shitty investment which you have no idea about. Save your money and while doing it, collect data about your preferred investment.
I have to say you give a really nice tip. I saw nowadays people invest blindly in everywhere. or they just invest by other peoples suggestion. this is not good at all. do proper re search by yourself, specially when you want to invest in an ICO of an altcoin. people may suggest you to Invest your money in an ICO but never invest without reading properly about that coin, their roadmap, their whitepapter, and other important things.

You are right, people for their investment are nowadays really blind and ask from other people about where to invest and after getting the suggestion they without collecting any knowledge invest in there but that is dangerous for our money as without knowledge an investment is just kicking our money to destruction.
485  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: August 29, 2016, 09:56:32 AM
If you can afford to lose it and if you're willing to take some risks, I would certainly buy it, especially now at such low prices.

I think you do not know about bitcoin future and about its technology, that is why you are saying that it is risk, I have my money in bitcoin from longer time and still they are secured and I do not feel any risk in there, I if a person want to invest in bitcoin for longer time then he will not lose any amount in there, as the dumps and pumps occur only for shorter period and for longer period we all are sure that we benefit from there.
486  Other / Off-topic / Re: Bitcointalk is a good way to get information about Bitcoins? on: August 28, 2016, 09:57:13 PM
Bitcointalk for me is the besy place to get news related to bitcoin. But forum have some negative aspects. First, there are lot of signature spamers who posting just to earn some bitcoin. They rarely writting something interesting, so, it's hard to find serious discussions. And there are too much stupid trolls.

They are all part of the game. If you are looking for really interesting discussions going on you should check Alternative Clients and Development and Technical Discussion sections of this forum. You will not find any signature spammer there as if they post anything they will disguise themselves as people who have no clue about bitcoin and are just posting for the signature campaign in which they are in. I see that those places are the cleanest when it coming to this aspect of the forum.

You are right, but sometime for the sake of their signature the members of this forum try to learn all about bitcoin and its concepts and so when someone newbie ask a question, there are a lot of people come to reply him and that thread become much rich, before this forum I was in another forum and there were a lot of users but no one was much interested to reply , the members only try to get their importance and did not care for the replies of other, and after that on this forum I am seeing that I getting much info about any question within a few minutes.
487  Bitcoin / Bitcoin Discussion / Re: People hate Bitcoins? on: August 28, 2016, 09:51:36 PM
people who do not understand the workings of bitcoin, bitcoin certainly hates. and people who understand bircoin certainly will like and use bitcoin. it's easy.
You are right that if someone have do not knowledge about bitcoin they hate bitcoin, and other people who have knowledge about bitcoin and they know that how to use it or how to use bitcoin for trading or for online shopping so these people loving and support bitcoin.

Especially those people who want to earn some extra money and they find that with bitcoin and its trade they can earn more higher, then they immediately adopt it, no matter they love it or hate, and when they involve in there they start to love it because of its attractive features, so there are more lovers of bitcoin than haters.
488  Other / Beginners & Help / Re: Doubling Bitcoin? on: August 28, 2016, 09:28:50 PM
Fastest Way = Gambling of course, with an edge of 49.5%, one round less than 10 second you are done. But its really depedns on luck


Safetier Way (Even able to Triple + OR more) = Trading. Altcoins trading require good knowledge, understanding if supply demand is purely pump and dump or the value in it. Just go on the right way, you will end up profit + Knowledge Smiley

Good advise. But trading is still risky.
But not as risky as gambling like you're gonna lose it all.
Unlike in trading where losing is not gonna kill you.
yeah, i never do that, i dont have required experience for trading and for me it would be just a waste of time and money to be honest
There is always risk about earning money, even on trading and especially on gambling.
There is really no fast way of doubling coins, or even if there is, there is always a risk. The only sure way of doubling money without much of a risk is earning it through offering services. Another way but with little to no risk is lending with high value collateral.
Yes gambling is the most risky and it can take all your money and run away and it’s luck based so you won’t know what’s gonna happen next so it won’t be a good suggestion for those who just started.

However, trading also contains some dangers in it if you don’t have enough knowledge and experience about it so I think the best way to get more bitcoin is doing online jobs. It’s not hard to find them and they only require some specific skills.

You said that gambling is luck based and we do not know that what will happen next, I think a lucky person will know that he will earn definitely, I think it is not luck based, but it is only a blind game where we just put our money and do not know that will we get back our money or not.
By the way do not rely on gambling for doubling your bitcoins.
489  Bitcoin / Bitcoin Discussion / Re: Should Bitcoin even have a future? on: August 28, 2016, 09:20:49 PM
Indeed! bitcoin have a bright future ahead! as of now, bitcoin is shining brightly! imagine its value now is $600 per coin? it started as a scratch and no one is believing on it until it rose its value. for me, bitcoin still has a long way.
yes i am agree with you and there is no doubt this that bitcoin has a very very bright future, as bitcoin is the only crypto currency which can be use directly for buying and selling things. more and more people are entering in bitcoin and hope that its value will increase more and more in next coming days.

You are right, as soon as more people start to adopt bitcoin the demand of bitcoin will increase and with that the price of bitcoin will also increase and with that more people will invest their money in there so it has a more brighter future.

And for that we do not have to wait but we have to struggle hard to invite others to join bitcoin, we have to take start from our home and have to invite our family members and then have to invite our friends and other relatives to adopt bitcoin and then advice them to invite others also, with that only we can increase the community of bitcoin. waiting alone is just useless.
490  Other / Beginners & Help / Re: WHAT CAN I DO WITH 0.1 BTC ?? on: August 28, 2016, 09:17:31 PM


 Huh Huh Huh Huh Huh Huh Huh




hey guys im still a newbie here and im asking where can i invest my only 0.1 BTC BTC ??




 Huh Huh Huh Huh Huh Huh Huh


Simply, you can invest it in cloud mining and trading alt coins

Trading is better than to invest in cloud mining as we can see that a number of people claim that they have been scammed by cloud mining sites, and the other point is that 0.1 BTC is lesser for cloud mining, as they require some high amount to take a good start.
491  Bitcoin / Bitcoin Discussion / Re: actual number of people using Bitcoin? on: August 28, 2016, 09:14:52 PM
Is there a way to determine the number of people who are actually using Bitcoin till date? Who would have access to such information? Meaning a way to find out, how many new people have used Bitcoin in 2016 , so that we can say exponential growth is natural not artificially created by hoarders.

I think in my assessment there is no way that we can the actual number of bitcoin user. Because as far as I can see the some of the member  in bitcoin community they used multiple account though the people behind it is only one.

And that is because of bitcoin's own feature, which is anonymity and because of that feature a lot of people like bitcoin as they sometimes need to send money to those countries for selling their services where because of their states conflicts they cannot send money through banks or other payments system. By the way we do not need to count the number of bitcoin users but in the future we maybe able to find that number
492  Other / Off-topic / Re: When is Bitcoins going to die? on: August 28, 2016, 09:11:14 PM
I don't think Bitcoin can survive more than 20 years as a valuable altcoin, because technology is quickly advancing and even ten years are enough to develop better technologies, leaving behind the previous advances. Perhaps in 20 years bitcoin still will survive as an historic but updated technology, stored by romantic bitcoiners using it to exchange coupons or play video games.

I am pretty sure and you will see that in 20 years bitcoin will be a global currency everyone will have an ATM card for it and will have their phone wallets and every store will have a machine like ATM, and at there they will accept bitcoin for their products which they will sell, and we will see bitcoin as a global currency.
493  Economy / Trading Discussion / Re: How do I grow my btc? on: August 27, 2016, 09:16:08 PM
just do simple bitcoins/altcoins trading and you will earn a lot from it
If the individual prefers not to hold, this is the way. It is a risky market anyway and the earnings will depend on the person's skills.

and if the individual do not have any skills and experience and knowledge about a specific altcoin in which he want to invest then he have to stay away from there as it will be the way to lose all of the available money from his hands, so in that case just holding is better.
494  Economy / Trading Discussion / Re: I've got $20k to invest. Please recommend! on: August 27, 2016, 09:05:12 PM
Hey folks,

I've finally got around $20k to invest in long-term. No, unfortunately I cannot put this on a bank to get like 10-15% per year, I'd need something way more good.
What would you recommend? Mining? Other crypto?

Investors, please get me some cool ideas.

Thanks in advance,
Marcell


Just read last posts ^^^^^.. Don't even try to trust to any of them! Every investition is your own decision! Don't ask about that on internet forums, because you will never get correct answer.. Here everyone can say what he want! Trolls will be trolling! Just my 2 satoshi Wink

I have saw a lot of suggestion at there, from which OP can get much benefit, some people really need suggestions for starting some investment, so for them the better is that they ask from some expert, and this a forum is full of some expert business persons so he will be directed to a better place.
With that amount of money involve, you need to carefully evaluate the recommendation you will read in this forum because that is your money in the first place and you bear the losses in case you will not succeed in your investment. The only investment I can recommend on my part is just hold your bitcoins.

I think he should have to go for that investment only where he will have some experience before with someone and will have some knowledge about that field so that he will get the success at there and if he invest in that place about which he do not now then he will lose all that.
495  Economy / Trading Discussion / Re: do you accept bitcoins in your business on: August 27, 2016, 09:02:23 PM
Well i don't accept bitcoins because i don't have business, but if i would have, i would accept bitcoins for sure, as there would be buyers that wants to pay in bitcoin

If you start your business with the payment system of bitcoin and your products will attract buyers then they will immediately adopt bitcoin and will try to learn more about that currency and so you will have your clients, and the other benefit will be that people from all over the world wil be able to buy from you as bitcoin is available for all over the world.
496  Economy / Trading Discussion / Re: Withdraw Bitcoins to a bank account on: August 27, 2016, 08:50:34 PM
i think you can use local bitcoin exchanger which you can found in your country and transfer that money into your bank account, or you can use paypal to receive money and then you withdraw your money in paypal into your bank account.
But how to prove to the bank that the money was earned legally?
You can show your transaction on paypal that will become a prove for the bank, and explaining to bank the money are come from selling bitcoin to paypal. I think it is simple way for explaining to the bank.
If you think that you can explain bitcoin trading in a simple way that the bank will understand you have obviously never spoken to a bank manager about it before, trust me they are clueless.
They would have little time to listen to a story about 2 payment networks the don't earn them any fees.

The bankers know about trading of bitcoin and currency, I think he should only have to tell about that and they will readily accept that, or should have to tell them about this forum and have to tell that he is earning here by marketing, they will accept.
497  Economy / Trading Discussion / Re: I quit trading on: August 27, 2016, 08:47:48 PM
It never gets old the trading I mean, of course it's not for weak hands and those always in rush for quick buck, it is supposed to be hard and gets you to lose hope.
That is the way trading works.

I found that if you trade the bitcoin against some good altcoins such as the Monero, Dash or Ethereum, it could be quite profitable.

yeah, these altcoins are better to invest in and if he is more active on exchanges then he should have to keep a deep eye on some altcoins especially on yobit there we sometimes see a coin increases in thousands of percents if he invest in there in time and make the profit from fluctuations then it will make him more rich
498  Economy / Trading Discussion / Re: Best Investments on: August 27, 2016, 08:41:50 PM
I prefer to trade and lend as an investment. You can potentially gain the amount of bitcoin by doing these and hopefully the price per bitcoin will also rise. So you can have a twofold gain.

Trading is a best suggestion, but in lending I think you are pointing to interest earning, so it is not good as that amount is much lesser as if we invest that amount in trade or any other business then we will be able to earn some bigger amount of profit.

Duh, have you heard diversification? Not everybody puts their investment in one basket.

Diversification is better but it does not mean that we should have to put our money into a place where we will get much lesser amount of profit. If there are a lot of other ways of investment where we can gt bigger profit then what a need for investing for least profits!!

yeah, it is not sensible to put our money for lend to get a smaller amount as interest on it, we can invest them in some other places also where we will get a higher profit, especially when we start our business we will be able to get a bigger and faster profit from our that investment.
499  Economy / Trading Discussion / Re: did you put all your money into bitcoin? on: August 27, 2016, 08:39:28 PM
Not at all, no one can predict what's going to happen in bitcoin world so investing all money could lead to heavy loss. So i keep 50% money with me for other purpose and 50% in bitcoin. I think is best way to be aware of losses
I dont think anybody would want to do that in the sense that how on earth would I keep all my resources in one place especially BITCOIN with the level of its volatility

I think now bitcoin has a good strength and it will make it more stronger when we start to put all of our money into bitcoin, with that the price will also increase faster , so we can say that there is no any problem to put all of our money in bitcoin.
500  Economy / Gambling discussion / Re: To Gamble or To Invest? on: August 26, 2016, 07:34:05 PM
hi guys, i bought 1BTC today and i am wondering to gamble or to invest the 1btc?

if to gamble
 
best site to gamble with a really nice provably fair..

and if to invest.

best investment program wherein no scam.

thank you for your opinions guys

cheers

Investment is much better than to gamble with your 1 BTC, as if you invest them then you will be able to earn more with them and in the future you will not think for an option but you will be able to do anything with your money,

and for investment I will say that you should have to start a small business with them if your money is lesser you think then invite some oof your friends so that they also invest with you for starting that business so that you all earn from there from your smaller investments.

I like your suggestion, if someone do not have much amount to invest then they should have to invite their friends and relatives to invest together in a small business with that they all will be able to get some profit steadily, and after that when they all have some good amount of money then they can increase their business or some of them can withdraw from there and can start their own bigger business.
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