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361
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Bitcoin / Bitcoin Discussion / Re: Were can you buy bitcoin?
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on: August 27, 2016, 10:14:17 AM
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i believe best is buy bitcoin locally with local bitcoin site. it will be very easy to to access and exchange . And also you search any local company wallet online exchange may give this buying bitcoin options ,it will be very easy options or else so many exchange sites which will offer that service.
Not many exchanges are available here in my country where i can buy bitcoins. Localbitcoins is one of the only site where you can search someone from your country and buy bitcoins from him there. And I think that is the best site for buying bitcoins, as I am buying it from there since long time and I don't see any security issue with it, its a very safe and trusted site to buy bitcoins. |
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362
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Other / Off-topic / Re: If i give you 10 BTC what will you do?
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on: August 27, 2016, 10:11:48 AM
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Probably get myself a samsung note 7 with that 10 btc and try some sports gambling with the change
Well 10 bitcoin is going to be a big amount already for buying a brand new samsung note 7. I really want to have present gadgets with high specs that was newly launched like this one. But I am thinking that gadgets are going to depreciate after few months so that's why i am going to buy something better which is going to be profitable. Maybe going to start out my hotdog stand. Yes I think you should invest those money in something from where you can get regular income, and if you start your own hotdog stand with that money then you will have good and stable income. |
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363
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Bitcoin / Bitcoin Discussion / Re: Bitcoin can disappear?
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on: August 27, 2016, 10:09:57 AM
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in case we lost internet connection all over the world then i would say yes bitcoin and all other online payment will disappear .
The total Internet connection in this world will be down on the event of any atomic radiations. If atom bombs will be used that must be the end of world. When no human will be surviving how we can expect Internet to keep up to give bitocin a life. Yes, we can assume if anything happen unusual in this world that too disturbing the digital world like cosmic rays or comet collusion, then we can not expect bitcoin to survive. But it is too childish to talk about bitcoin survival on those events because human race itself will be in doubt to survive those calamities. Natural calamities like vocano or tsunami are disturbing regular life in some part of the world. But any astronomy event must be disturbing the entire world. So, it is completely valid that we can not expect bitcoin to overcome those hurdles because our life itself will find those incidents too hard to overcome. Your topics are just too far away scenarios that may happen anytime soon but you still have a point since natural calamities would really affect us people all over the world, how much more on the creations of human race itself? It would definitely be affected too. Bitcoin would die even those calamities are not involved, its possible to die if no one uses bitcoin, thats all. Yeah the only possibility for bitcoin to die is only if people will stop using it and it will happen only if price falls to extreme level but I don't think that will ever happen in future. |
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364
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Other / Off-topic / Re: Are you buying bitcoins? Why?
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on: August 27, 2016, 10:07:45 AM
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I do not ever try to buy bitcoin because i do not use bitcoin as investment i only want is to earn and after i has a pretty good income i will exchange and spend anywhere i want.
so you never thinking bitcoin will be rise again ? i think better you learning about bitcoin trading or maybe earning, it's good way to growing your money. of course it is going to rise in the future, in my opinion the price is going to be huge after a few months to be honest We cannot be sure that price will be huge in coming months as there is no assurance what will happen, and no one can predict what will be the scenario in future. I agree with you no one can predict what is going to happen in the future with bitcoins price but as early as today it is better if you are going to buy bitcoins today if you want to get some profit as the price of bitcoin is going to increase. But it is also risky if you are going to do that two things are possible to happen, rise or fall. Price may not skyrocket in quick time, but we can expect that it will be better in compare to current price, so I think we can afford to buy at current price to grab profits in future. |
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365
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Other / Off-topic / Re: Steady Way To earn Bitcoin Online...
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on: August 27, 2016, 10:06:08 AM
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If you are any good at trading, bitcoin trading at a trustable exchange is a great way to earn some extra bitcoin on the side. If you are not any good at trading, you may want to offer some sort of service to other users. There are to many scams on here and to many people trying to take advantage of other members, so if you run an honest service, you can make some good coin.
Trading is a good way to multiply your coins, but it will never give you a steady income, as some times it may be profit or even loss to you, and its also an risky way to earn if you don't hold knowledge of it. |
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366
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Other / Off-topic / Re: how bitcoin is popular in your country ?
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on: August 27, 2016, 10:04:18 AM
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Bitcoin is not very popular in my country and maybe from 100 people, only 1 people that know what is bitcoin. Even all of my friends also don't know what is bitcoin and how it works.
Same here and whenever I try to explain them about bitcoins they simply ignore it and say they don't want to waste their time and money in it, and I am sure that they will regret in future. |
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367
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Other / Beginners & Help / Re: WHAT CAN I DO WITH 0.1 BTC ??
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on: August 27, 2016, 10:02:42 AM
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If you are an risk taker then invest it in trading, and if you are a safe player then save them for the future but you will not earn higher profits only by holding, its better to grow them by taking a risk.
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368
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Bitcoin / Bitcoin Discussion / Re: NEver keep all your coins on an exchange
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on: August 27, 2016, 10:00:37 AM
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Gox
Cryptsy..
If you have most of your coins in Bitfinex.. there will be little mercy when they disappear.
That is freaky prediction right there dude, 1 month and a bit later and boom. Who is running next? lol yeah, the more time passes, the more exchanges seem to be running away with people deposits, that is really horrible, no one can be trusted That's true but you can invest there for trading but make sure that you withdraw your profits on regular basis to minimize the risks. |
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369
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Economy / Speculation / Re: bitcoin prices jump to $600+ in...
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on: August 22, 2016, 01:53:36 PM
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Now the question is, when will we be back to $600? I honestly wasn't expecting us to drop below that mark after we hit $700, but that's ok. And I could care less about the stolen money getting back into circulation. It'd be ideal if it got returned, but that ain't gonna happen. I'm sure I've spent cash that had been stolen many times in its life.
I think $600 can be achieved in next week as price is moving up slowly now so if we don't come across any bad news till that point then $600 is not a problem. |
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370
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Economy / Speculation / Re: Price hovering around 570-580. Is it a good move to buy?
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on: August 22, 2016, 01:48:26 PM
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yes that is a fact that the price of bitcoin is hovering around 570-580 USD for a long time. to me i think it is the est time to buy bitcoin in such price because there is so much potential in the price of bitcoin and hope that the price of bitcoin is will start increasing very soon,
Yeah and if you can hold it till the end of the year then this is really a great price to buy as speculation says that it will touch at least the price of $700 at the end of the year. Nothing is assured in bitcoin, price went above $750 in the past and dropped down significantly and there are full chances that bitcoin will trade below $600 for next few months. |
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371
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Economy / Speculation / Re: I think the price will rise again above $400
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on: August 22, 2016, 01:46:42 PM
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Lost about 5k$ when btc decrease from 67x to price atm.Hope the price will rise to 700$ or more soon  $700 is achievable in this year but not sure when exactly it will land there, as its been sitting below $600 since long time so I think we need to wait to see the price of $700. |
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372
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Economy / Speculation / Re: Bitcoin Price Update for August 17, 2016
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on: August 22, 2016, 01:45:05 PM
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Many people say that bitcoin price down because of Bitfinex, but litter bit it is true, we can't close our eyes on this truth. But also we see the market value, i mean it is always happen when bitcoin price reached on the higher price, than a huge people sell their bitcoins than suddenly bitcoin price go down, you can use the formula of supply and demand, But now bitcoin has is in his good position, We can't say that now bitcoin is going very low price.
One thing is because people are waiting to get it back to $600+ so they can sell it again, and in this case like what you said bitcoin price will go down again to below $600 and this cycle continues to happen. Because of trading Sir, yes, you are right, but whenever you see bitcoin price on the top, than mostly people start to sell their bitcoin and i am also doing it, because of getting profit. So suddenly bitcoin price start to come down. Also bitcoin is crypto currency, its price always change, and we are doing investment in bitcoin because its price give us profit. If you are investing your money in bitcoin then you have full right to collect profits from it, so whenever price exceeds your entry price, you should sell your coins and grab the profits. Well that's true but if he can hold for some more time then he can take higher profits from it as price is expected to rise in coming months. |
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373
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Economy / Speculation / Re: Time to sell? Or to buy?
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on: August 22, 2016, 11:44:39 AM
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Price is falling down right now, and i don't know what to do, i think it's time to buy, cause price will rise again for sure, but we just need to know when.
yeah i think the current price is a low price. I think if you have not bought it. buy the one before the price goes up. if you already bought. stay calm and be patient. Sure the price will rise soon Falling and rising has been seen multiple time in this year.it is best to buy it ,if its price has decreased and wait for a week to sell it. If your goal to hold at least until the end of the year, is now a good time to buy. I'm sure the price will increase at the end of the year. or hold for the future, the current price is fairly low, so it really is better to buy while prices are in the $500 range I think it is a good practice to buy some bitcoin whenever we have spare money and there is price drop. Practice that have been done by a lot. Spares in my monthly salary have been here and I am just waiting for the price increase. My profit from this campaign is for allowances.  Yes its always good to put a part of salary in bitcoins on regular basis to get best benefits in future and even current price is good to buy some coins. |
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374
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Economy / Economics / Re: Investing Bitcoins?
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on: August 22, 2016, 11:42:24 AM
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It is quite risky to invest bitcoin to some unknown sites that promise a very good return. You must do your own research, and do the math. Don't be enticed by awesome promises, 99% of it is just words. Avoid cloudmining because the review on it isn't that good. I think investing in ICO with early bird bonus is good and sell it the moment you saw profit.
Exactly no one will follow their promises in long run so its better to avoid those sites for making an investment, better choice is to invest them in trading sites. |
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375
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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: August 22, 2016, 11:39:47 AM
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I wont quit my day job and go full time on bitcoin. I am thinking why should I quit my job if I can do them both at the same time. I always believe in multiple source of income. Even if my job in bitcoin surpass the earning of my daily job, it is so assuring that you have multiple stream of income if ever one source become unstable.
That's the right thing to do, if you are able to earn from both of them then you should go for it as it will help you in increasing your income and add more value to your wallet. |
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376
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Bitcoin / Bitcoin Discussion / Re: Cyrpto vs Fiat
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on: August 22, 2016, 11:36:44 AM
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Both have their uses. I prefer more crypto because I and only I am in charge of all of my money. Whenever I like I can make a very large transfer without giving account to anyone. Its not the same when you go to the bank and they ask you all sort of things if you wanna move a large sum of money internationally or even locally sometimes. I cannot live my life without crypto that for sure but also without USD which is my currency. Crypto is better as is anonymous and it makes your life much easier.
Crypto is good for online transfers and for online shopping as it involves very less fess, but for buying physical things I still prefer to go with fiat as its very easy to use and it is accepted everywhere. |
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378
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Other / Off-topic / Re: Why do you have Bitcoin?
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on: August 22, 2016, 11:31:41 AM
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because it's money, and I can earn it in easy way like joining signature campaign. so I can buy stuff like books without asking money to my parents.
Yeah you can earn it from signature campaign which can take care of your basic expenses, and it makes you an independent person and it also increases your buying power. |
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379
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Other / Off-topic / Re: Why would customers use Bitcoins?
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on: August 22, 2016, 11:30:02 AM
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I don't know about the others but I am using it mainly for gambling purpose as it provides my privacy to gamble without disclosing my identity and even no one around me is aware that I am into gambling.
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380
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Other / Off-topic / Re: Bank or Bitcoin Wallet?
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on: August 22, 2016, 11:25:26 AM
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probably I will choose both of them. even I have bitcoins, I still need banks. I can save my money safely on bitcoin, but when I need money to buy stuff, I will convert my bitcoin to fiat because there aren't many shops accepting bitcoin here.
Yes and we need banks as we don't have direct places to spend our bitcoin so we need to convert it to fiat and transfer it to our banks accounts, so banks are mandatory at a moment. |
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