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4781
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Bitcoin / Bitcoin Discussion / Re: paypal or bitcoin?
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on: December 05, 2015, 10:57:42 AM
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Bitcoin and PayPal are essentially on par at the moment. The only difference is that PayPal may be a tad faster, and Bitcoin can appreciate in price. It really depends on what you want and what to spend your funds on.
the difference is that one is expensive as hell, the other save you money when purchasing something while increasing its value over time(i don't care about the haters saying that btc will die or trash liek that, because they have sold at $10), this is big difference for me also they are equal in speed, actually bitcoin is faster, when i received for example, my money back froma purchase because of a refund, i've waited days to see it in my paypal account, especially on weekend, not so much with bitcoin... Yes this main difference of less fees associated with bitcoin will make it as a replacement for Paypal in near future. Even both are in equal speed, with bitcoin we can enjoy the liberality of owning our wealth. With Paypal some one else handles our money. |
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4782
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Economy / Speculation / Re: Sell now and buy again at $1300.
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on: December 05, 2015, 10:48:41 AM
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That's an interesting approach specially since BTC reached the ~$1000 mark before but the momentum wasn't strong enough and it fell to aroud the hundreds so it's about a 75% loss if someone did that before. I think BTC has potential of hitting that mark again this year because of the increased adoption and publicity but I doubt it will go much higher.
Yes, bitcoin has all the required potential to hit again $1000 levels. Hopefully by the time of halving it will again reach that mark. We can witness the increased adoption of bitcoin compared to 2013, so there are lot of possibilities to a stable price above $1000 once bitcoin prices hit it. |
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4783
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Economy / Speculation / Re: Price of the bitcoin will jump again?
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on: December 05, 2015, 10:45:05 AM
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This december i think the price of the bitcoin will jump and reach $500 on this month.
because it's nearly christmas and i think some people sell/exchange his/her bitcoins to use it in christmas.
What do you think guys?
I believe that we will almost stay where we are at the moment or go down a bit (20-30 dollars). So I can not see why $500 should happen this month. There will be no rally for that imo. But Q1 next year definitely possible to achieve that. And to wait a few more weeks or months shouldn't be that problem right? I mean we almost suffered for 2 years.Compared to that a few more weeks should be easy to take.  If you remember 2013 nov.25 to dec.13 until january the price of the bitcoins rise fast like sky rocket around $600-$900. I think it will happen again like before And i hope it will happen soon.. just trust and be patience. Yup dude. People will need money to celebrate the christmas Sure they sell most of bitcoins as I guess. Then Price level will raise for some remarkable value equal to fiat currency rate. Let and hope for magic will happen again. Yes I'm also expecting those magical moments of relatively high bitcoin prices to celebrate this new year. Last year this kind of surge happened with bitcoin prices. So, I believe there are lot of possibilities for bitcoin prices to go high near December mid weeks. |
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4784
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Economy / Speculation / Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
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on: December 05, 2015, 10:39:10 AM
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What do you guys think?
I doubt with 1 satoi you can reach be a millionare in 2046 i think $10.000 / 1 bitcoin is reachest rate, and you need $100 to be millionare in 2046 If only one satoshi costs one million in 2046 means, the market of cap of bitcoin must be the multiple of sum of gold and US dollars which is most likely impossible even after another 100 years. So, one satoshi is not enough to be millionaire in 2046 may be one full bitcoin will make people millionaire in 2046. |
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4785
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Economy / Gambling discussion / Re: How to stay away from gambling? suggestions ?
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on: December 05, 2015, 10:30:02 AM
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It is with pleasure If you dare to play, you should not be sorry Or feel bad about it, nobody forced you to play.. But if today you feel unhappy with that. I think you just stop doing it on your own. And try to find something else to do but different one . Because it is so much more that you have not done. Maybe it's time to change your life  The pushing force is our additions and greedy nature. So, in order to stay away from gambling we must have good will power and self discipline habits. Then we can deviate our concentrations into some other things to get rid of gambling activities. But slow progress is only possible. Yes I too agree only with self discipline we can make ourselves guarded against the gambling temptations. Focusing our concentrations to some other things will help ourselves in greater way from staying away from gambling. |
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4786
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Economy / Gambling discussion / Re: Is their any safe methods to gamble?
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on: December 05, 2015, 09:35:25 AM
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I see a lot of people that they say don't gamble is the safest method.
That is not true just play and have fun, but don't play if you can afford losing your money.
Yes. if some one not started gambling than the better option is do not start because there is no real benefits from the gambling except if one is lucky than they can make some quick bucks but there is a lot of risks involved. Another advantage is fun but this fun can be found in many other ways for that no need to chose this risky method. But people are not listening our suggestions of staying away from gambling. Most of the people learn lessons from their own experience. But hardly people start gambling for fun. They really come to gambling for making quick money but then consoles themselves with little entertainments. |
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4787
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Economy / Speculation / Re: Back to $ 400 soon?
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on: December 05, 2015, 06:55:01 AM
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I think theres a line around the block for people waiting to buy just below 350. The same rich kid idiots bulk dumping right now will buy back next week at 360.
I am a part of this line. Buying lower then 350 give so much chance for profit. Long term buy and sell at 370, or buy and hold to maximize profit in the 500 usd area. Offcourse it is speculation but I like my chances. Yes you are right. From last Friday to this Friday bitcoin prices are more stable around $360 levels which must be good sign for reaching $400 levels very quick. Most probably prices will hit $400 levels again in next week if the prices are holding above $360 levels continuously. The suntanning prices above $360 to $370 levels may lead to bitcoin prices to cross the $400 levels and it may reach $425 levels also. We can see strong buying volume increase will support this speculation along with other analysis. So next week will be more interesting. |
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4788
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Economy / Gambling discussion / Re: Cricket match prediction discussions
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on: December 05, 2015, 06:00:46 AM
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South African batsmen looking like totally crap with very poor form into test match and this kind of slow pitches which is only for spinners so that it have to learn this strategy how to survive on Asian ground.
I think SA still not adjusted with indian spin pitches still struggling. The way they played both one day and T20 matches, initially I thought this test series also they will win easily but their test performance is completely different from one day and T20 matches. Yesterday Indian bowlers did a superb bowling to restrict SA for just 121 runs. I think this match also will not go to 5th day play. Yes, India will win this test match within 4th day hopefully. This is India's all department display unlike previous matches of this series. So far only spin bowlers has been shinning for India. Only this time India face bowlers took wickets and Indian batsmen scored a century. India is 2 wickets down right now, but still looking like to win this match with their massive 250+ lead. May be some 300+ lead is more than enough for them to win this test match against South Africa and also to white wash them. |
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4789
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Bitcoin / Bitcoin Discussion / Re: paypal or bitcoin?
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on: December 05, 2015, 05:56:18 AM
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With Payapl there is always the chargeback risk, so i prefer to use Bitcoin for my deals
thats true and risky if you are the one receiving money, but if you just plan on spending it then paypal is a fine option. But with respect to many countries around the world, Paypal still is not a good option for spending too. In those countries both buyers and sellers face lot of restrictions for banking with Paypal. One good example is India. So, Bitcoin would be the better solution for them to rid out many hurdles. Yes for Indians, Paypal is not a choice for spending for everybody, may be only for credit card holders. Like India, there are many countries Paypal has many restrictions for buying as well as for selling. Chargeback is the only enough reason for many sellers can choose bitcoin over Paypal. |
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4791
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Other / Beginners & Help / Re: Best bitcoin wallet
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on: November 27, 2015, 06:26:45 PM
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I see have several wallet sites. My opinion: blockchain.
But in my experience, desktop wallets are better than web based wallets. But blockchain.info is unique by the way it provide access to our private keys and you can access your bitcoins via internet from anywhere. Both online wallets and desktop software wallets have many pros and cons. We must choose a wallet which lets us to access private key and easy set up based. Any wallet we can use but we need to have strong password or phone verification enabled are better ways to have secured wallets. |
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4792
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Economy / Gambling / Re: Any advice to start gambling?
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on: November 27, 2015, 04:11:30 PM
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Well I will just collect some faucets.
ANd with those faucets I will just play some gambling to learn more about it.
That's a great idea. If you do lose, you're technically losing free money that you've earned by claiming sathosi. I might try this, can't believe I never got this idea. It's good idea of staring gambling with free money. But I was not able to manage to be profitable when ever I tried with free money or trail accounts as I do not get my concentrations and skills really applied where ever needed unlike when I play with my hard earned money. |
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4793
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Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase?
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on: November 27, 2015, 08:04:28 AM
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Yep most of it, some of my btc going to gamble but most of them keeping for price go up
i agree majority of my btc is holding to go price up, rest is for a little bit of fun If you believe in the philosophy of life is short, you will spend some bitcoins for fun now itself. I believe in bitcoin so I never spend any satoshi now itself. I just hold them for bigger price raise. Holding big amounts of bitcoin also will lengthen my life. Yes, selling at the right time and at right price is good decision to make, holding is the good thing to do, I keep on spending it when I feel to spend, we are earning money to spend and for me same goes with bitcoins, I spend it on every weekend as I am not much worried about future, because if it cannot be helpful in present then future is far away, I earn and I spend, simple. Holding bitcoin for bigger price may be the right thing for passive bitcoin trader or for bitcoiners. But selling at higher prices is must for a active bitcoin traders. So, buying at lower prices and selling for profit is a continuous action for me. I have some bitcoins in cold storage, only those are sleeping for higher price raise. Yes holding bitcoin is not possible for all the bitcoiners. Maybe holding in part is a viable solution if you believe in price raise of bitcoin. Because we need money for our everyday living. So, we can save only some portion of our earning in bitcoin for some long time. To hold all of your earnings in bitcoin, you must have alternate source of income for your daily expenses. If we have, then we can save all our earnings in bitcoin. I do save all my bitcoin for future use. I do spend only my fiat earning for my living. |
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4794
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Economy / Gambling discussion / Re: Is there a difference between buying shares in the stock exchange and gambling?
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on: November 22, 2015, 08:12:29 AM
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I think you don't the meaning of share market investment that's why you telling that investing in share market is guessing game. But real scenario is your buying a business if you don't understand the company business then don't invest in that company. So as per me share market investment for long term is totally different from gambling.
Not everyone buying shares for long term some people just treat it like day trading and nothing special about that. The fast market and high volume is the reason people use it for day trading What you said is correct, every one want's fast money and at the end who ever goes for these kind of fast money they will end up losing all their money in super fast way. If you check the share market history most of the day traders has lost money but who ever used share market for long term investment tool only made very good profits. So share market is for making profits in long term but not for short term. Yes even share market and gambling are compared for many reasons, in my perspective share market is good if you go for long term. In my friends, many people have achieved big amounts of money from share market for keeping their stocks for around 10 years. But there is no history similar to this from gambling. |
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4795
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Economy / Micro Earnings / Re: In 2015, faucets are bad for bitcoin
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on: November 22, 2015, 07:38:47 AM
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I agree,it because bitcoiner not use faucet anymore..i found this on many social media group
No i think some people still use faucet as their first impression to know and own bitcoin freely. yeah i still use faucets. i got my first mbtc through faucets which gave me motivation to do it more seriously which led to earn my first btc. faucets has been a big help to btc. Like you many people are still continuing their faucet working just considering it's a free money over time. I too we believe those little satoshi from faucets will worth some big dollars in future. So, keeping faucet earning is not a bad idea even after we have big amount of bitcoins. |
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4796
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Other / Off-topic / Re: Bank or Bitcoin Wallet?
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on: November 22, 2015, 04:55:56 AM
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It all depends on your choosing, whenever you like the flexibility of having control of your own money, or to have the ability to earn interest from your savings account, I would like to state that each has their advantages and disadvantages. So until Bitcoin becomes a mainstream currency, it is best to use both a bank account and a Bitcoin wallet. Just my opinion. there are advantages and disadvantages of both, the best is use both I like the bank because there is interest  But I love bitcoin because there are huge returns compared to any bank interest. But still bitcoin goes to mainstream I will be forced to use both bitcoin as well as bank account. But definitely bitcoin will give more retunrs than any bank interests in long term basis. |
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4798
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Economy / Economics / Re: Will You buy a pizza at 10,000 sat?
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on: November 21, 2015, 01:25:20 PM
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I may not buy even for 1 satoshi as spending bitcoin is not in my agenda right now. Instead I can buy with the equivalent amount of fiats. I love bitcoin, so spending it some what annoying to me. I may give all my bitcoins to my son, I never have plan of spending bitcoins.
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4799
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Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin?
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on: November 21, 2015, 12:52:29 PM
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It is not a good idea for me. My earnings in bitcoin is not yet stable and I have mouths to feed. So I am still very reliant on my day job's paycheck. When the time comes that my bitcoin earnings can support my family, then I will consider leaving my day job and focus full time on bitcoin. Until that day, doing tasks for BTC would remain my side jobs.
you can start invest at bitcoin save your earning from bitcoin and hold it some people says at 2016 bitcoin price can back to $1000  That's exactly what I'm doing. I still have my job and do a bit of bitcoin on the side. You may retire from your current job in 5 to 10 years regardless of your age if you earn and hold some 100 bitcoins in these period. I'm not joking, bitcoin price will hit $1000 in 2016 then in two years it may test $10k. Over all in next five to ten years, we can expect one million dollar per one bitcoin. Just calculate how much you need for rest of your life. |
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4800
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Economy / Speculation / Re: Falling under 300 again
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on: November 21, 2015, 12:21:48 PM
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I think the btc value will raise up to hit the 500$ resistance by the end of the year, but now i think it will stay stable over the 300$ ground base in a side movement.
There is nothing which indicated that bitcoin will reach $500. It is exactly otherwise. Latest, and no so optimistic news from EU is the example. If EU introduce new bitcoin restrictions and idiotic control laws under the guise of fighting terrorism it will be quite negative for the bitcoin price. At this point it's not clear yet what the new restrictions will be like. People don't seem to care much as the price is remaining fairly stable in the $320-$340 range. It is very nice to see bitcoin prices are sustaining around $330 levels. I don't think bitcoin will never break or test again $300 levels. Because $300 must be a very good resistance it is very hard to break. I strongly believe bitcoin Prise will stay above $300 levels hereafter. |
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