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541
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Economy / Speculation / Re: 350 USD in August
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on: July 14, 2016, 10:19:02 PM
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Many of you have bitcoin and do not even know what is actually!
But all of you know one thing!
Is UP and DOWN
It will be 1k at the end of August.
Please let me know how you could realize that about price of bitcoin but I do not consider 1k very possible but I guess it becomes more than current price. The $1000 is very possible if there is good general mass adoption and the block size increases to improve user experience. of course a new all time high is possible not even talking about the 1 thousand dollars price, in my opinion the price of the bitcoin is only going to grow in the future because people will be buying like crazy yeah , as the time passes more and more people come to adopt bitcoin and they readily invest in bitcoin so with that the demand of bitcoin increases with each passing day and so with that the price of bitcoin also increases. Bitcoin is getting more popular now and it is also gaining trust from the people and if it continues then we will find many new investors in coming days and that will help bitcoin to reach to a next level. |
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542
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Other / Off-topic / Re: Do you actively spend your bitcoins?
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on: July 14, 2016, 10:16:35 PM
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It's very hard to spend bitcoins actively and usefull at the same time cause it's not accepted by many good online shops and and i can't use it offline in my city.
Yeaaa it was bitcoin main problem but soon or later it will solved . Many merchants will accept bitcoin as payment processor, it is just the matter of time. People will realize how easy and useful using bitcoin than use physical currency. it is the matter of time and the matter of education, the stores in our city do not accept bitcoin and maybe it will take much longer time that they involve in it because most of them are uneducated and they cannot handle the bitcoin system. That problem will always follow bitcoin as you cannot expect illiterate merchants to start accepting bitcoin as they will find it very complicated and will prefer to stay away from it. |
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543
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Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today?
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on: July 14, 2016, 10:14:30 PM
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I think the bitcoin price will rise in the long term. That has been proved in the past, so I will buy some.
That is the right thing to do at a moment, as price is not too high and this is the best time to invest money as in future it will be difficult to buy bitcoins. Well,halving what like 4-5 days ago.And everybody (almost ) on this forum,were expecting bitcoin to rise after it, but we can see that it did not happen.So we still got pretty low price,so i also would suggest buying them now and holding them for longer. Price didn't rise but it even didn't fall, in fact its moving up slowly and its a good sign and we should be satisfied with the price that we are seeing at a moment. yeah, we should have to be satisfied and have to Thanks to God that the price is much good at the time and at halving it did not crashed, so now we are sure that the price will increase.The increase will be slower but will be more beneficial than bigger pumps and slow pumps are considered as long lived pumps Slow and steady rise is always better the major pump, and its moving up slowly at a moment so we may see some higher price in next few months. |
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544
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Economy / Economics / Re: Bitcoin or gold?
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on: July 14, 2016, 10:12:31 PM
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I think bitcoin is much better than gold, because the traders can earn profit more faster in bitcoin rather than gold, the reason is that gold price is more near to stability and bitcoin price fluctuate at bigger pumps and dumps, and any person can afford bitcoin while gold is only for rich people.
If you are going to think clearly bitcoin is much better than gold. Bitcoin can be used by a normal person for buying and selling things. Just like buying gift cards to amazon you can buy it with the help of bitcoins. And you can just send your fund to anyone in the world as long as he has wallet address so that you can send it to him easily. Gold is simply an investment with no extra features attached to it, while bitcoin hold multiple features which is helping its users in best possible way. Majority of people on this forum will put their vote on bitcoin as they know the potential, but the fact is people who are not part of this forum will surely choose gold. yeah those people who will not aware with bitcoin will invest in gold and they will waste much of their time in getting a snail speed profit from the gold, if we introduce this coin to everyone then I think one day people all around the world will invest in there and the price of bitcoin will increase to much higher. We are putting best efforts in introducing bitcoin to people around us but the fact is not all of them are interested in bitcoin and they feel its a waste of money. |
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545
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Economy / Speculation / Re: bitcoin continuous rising?
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on: July 14, 2016, 10:10:35 PM
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I am thinking it will be a continuous rise, can't see a drop. It has been way too quiet lately and we are approaching the halving.
The halving is going to come pretty soon now and I believe that the price is going to rise after the halving but I am not sure about that. If the price is going to drop that is also good because then I can buy again. The Bitcoin is always going to rise again that is just how it goes but right now the price is a bit stable because the halving is coming. I think that the price is going to rise again after the halving but I am not sure so do not quote me on it. Did you searched about bitcoin? I think you came after a longer period as the halving has already taken place but no we are waiting for the effects of halving and we sure that sooner the effects will start and the price of bitcoin will increase to higher value. yeah, the effects are coming and will come sooner and at that time we believe that the price of bitcoin will increase as the time is not long away when the supply will be slower and the demand will be constant or will increase and we will taste the increased price of bitcoin. Next few months will be really interesting to see what will happen to the price of bitcoin, every one is hoping for price increase, lest hope bitcoin moves in a positive direction. |
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546
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Other / Archival / Re: Do you use bitcoin as currency or investment?
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on: July 14, 2016, 10:08:03 PM
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Yes most of us use it as a currency and actually we can also use it as both because you can invest something which is accepted by others and hence bitcoins act as a medium for it.
No it's not what you think. Most of people using it as an investment that's why we have a price like this today. If most of people will use this as a currency, then the price will now be stable and at the same no more active trades will be happen. Exactly price is stable only because there is no movement in market, majority of people are holding their coins for price rise, if people would use it as a currency then we would be seeing much higher price by now. |
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547
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Other / Off-topic / Re: How to motivate women to use Bitcoin?
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on: July 14, 2016, 10:05:29 PM
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Try to explain what is the benefits of using bitcoin.
For Example; No Third-Party Seizure, No Taxes, No Tracking, No Transaction Costs, No Risk of “Charge-backs” ,
and Bitcoins Cannot be Stolen.
It is a hard to job trying to get women to use Bitcoin because in general women are just not in to these kind of things. I think that if they really can profit from it then it they might get in to it. no I don't think that it is such a difficult job to motivate women. because women are more greedy then men that give full attention and motivate very easily where money is involve. so for me that is not such a difficult job to motivate women. That's true its not easy to convince women for anything, and bitcoin is totally new concept for them and if they have credit card and fiat then they will not bother about bitcoin. |
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548
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Other / Off-topic / Re: What is your plan to get rich with Bitcoin?
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on: July 14, 2016, 10:02:54 PM
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Getting rich with bitcoin needs more time to be spent. Also in my opinion I feel being rich with bitcoin takes time similar to getting rich with day job. I prefer to keep bitcoin as an additional source to make me rich.
of course you need to have a lot of time in order to become rich with bitcoins because you would need to put a lot of effort in it, i dont know if it is worth it right now there is a friend of me who a few months ago starting to work with bitcoin and now he has collected a good number of bitcoins and now he want to start his own business, so by seeing to him I say that becoming rich with bitcoin will not take longer time but only a hard struggle of a few months. Its important to see that how you work at initial stage as if you put best efforts now then you can have good and secure income in future. |
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550
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Economy / Economics / Re: I'm not gonna sell any coin.
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on: July 13, 2016, 06:56:27 PM
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You will not sell any coin  I doubt that because in the end we always need to convert or sell our bitcoins just to take our profits and also get the money. Bitcoin is limited as of now and it not just like dollar that you can use anywhere to buy some stuff. If you are planning to wait for bitcoin to reach to the point that it doesn't need to convert in fiat, i'm sure it will take a lot of time. If he is not going to sell any coins, then there'd be no point in trying to get all your coins at all since you are never really going to enjoy them, even just for a little bit. I know for a fact that seeing how much coins you have makes you feel 'wealthy' but not using it is just worthless. He is not saying that he will not use his coins but he is saying that he will not convert his coins to fiat, so with that he can enjoy the benefits of bitcoin and he can use bitcoin for his uses and expenditures etc. I really don't know where people are using their bitcoins physically as everyone is complaining that they don't find any offline stores where they can spend their coins directly. |
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551
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Economy / Economics / Re: Bitcoin or Gold? What would you pick?
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on: July 13, 2016, 06:53:24 PM
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It is a hard choice but with the current phase I would say Bitcoins. Well both gold and bitcoins are very precious but from the invest point of view Bitcoin is more beneficial. Most people say Gold is just used for jewelry but still very valuable. Gold, silver and bitcoins are the real asset. Bitcoins are currently most profitable.
Yeah bitcoin price has fast movement value unlike those jewelry that you can make a big profit in the future. the more you have bitcoin the more you can make a profit.. golds only for safe investment that you can hold for a long time .. and bitcoin use as money online that anytime bitcoin value can be change depends in supply and demand.. Bitcoin allows us to make quick profits which is not possible with gold, and you can buy any small amount of bitcoin depending on your purchasing power. |
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552
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Other / Off-topic / Re: Do you actively spend your bitcoins?
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on: July 13, 2016, 06:51:35 PM
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I do spend my Bitcoin wisely. I'd use it to buy digital goods,load,gamecards and kept my remaining Bitcoin and spend it only in times of needs or an emergency.  Same like you, i spend bitcoin only for internet purpose like spend it on game online, buying giftcard or selling my stuff online. Also i use it for paying my daily bills. its better than banks cause it only takes small fee Never use it in daily life. I just keep btc as an investment purpose. It's cool this way, it avoids me from spreading everything ^^ I would say that it is better if you are going to stop spending actively because the price is going to increase. And that's what I'm hoping because it is going to happen just like what happened this past few months. each people have diffirent needs, i think spend his bitcoin for daily cost, buying food, shoap etc. is normal, if he not have dollar he must spend his bitcoin (withdraw), we need buying something everyday. As of now I am not spending my bitcoins actively. And I just stopped it for a while. Because I'm going to get ready for the price increase of bitcoin. It is because I know that the price of bitcoin is going to be profitable at all. Holding seems to be good at this stage as we will see price boost in next few months so we can spend at that time to gain more profits. |
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553
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Other / Archival / Re: how to earn bitcoin fast?
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on: July 13, 2016, 06:48:52 PM
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to generate a bitcoin in a fast way, I think you also need a bitcoin for it. Well, as in the play trade. you can produce a bitcoin quickly from trade website, but you need a lot bitcoin to buy a coin that costs are coming down. if you do not have that many bitcoin, I guess you could also generate bitcoin quickly, but the number of minimal benefit
Trading is a good way to earn bitcoin fast only if you are able to handle it smartly, but you need to make sure that you hold good skills before entering into it. |
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554
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Other / Off-topic / Re: Why are you investing in Bitcoin?
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on: July 13, 2016, 06:45:19 PM
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I don't invest in BTC but maybe I would if I had more money. I think the thing is that lots of people feel like btc is our inevitable future
So you think bitcoin don't have a future? People are investing into it to make profits from it as everyone is aware about the potential of bitcoins. |
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555
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Other / Off-topic / Re: Are you buying bitcoins? Why?
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on: July 13, 2016, 06:42:51 PM
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yes i buying bitcoin because bitcoin increasing its price is very faster than other currency and is the most popular currency in the world and bitcoin get more popularity in the future .
It's a good choice to buy bitcoins right now because the halving just happened. The price may not have been affected as of today, but in the coming days most probably, the value will surely increase. Yes that is really recommended because the price is still not yet increasing. And it is still a good time to buy bitcoins today. And when the price is going to increase then you are going to get good profit from it. That is suggested that you are going to buy bitcoins today because the price is not still rising. Don't wait for the price to go up before buying one. It is the luck of those people who do not have bought any coin in the future and want to buy some coins now, the halving is definitely the sigh of rise of bitcoin value so buy today you will see sooner the price of bitcoin will increase. Its risky to buy right now we dont know what will happen with bitcoin price with this following months.. if the price is decrease or not.. its better buy a little amount in case if the price of bitcoin is increase if the price is decrease you will lose but you can still hold it and buy a cheap bitcoin to increase the amount to make more profit in the future.. I don't think there is any risk involved in buying at this stage as price is not too high right now so I will prefer to buy some coins now and hold it for the future. |
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556
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Bitcoin / Bitcoin Discussion / Re: where you get bitcoin news every day ?
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on: July 13, 2016, 06:40:33 PM
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There are many websites that can provide you with the latest Bitcoin information you only have to search for it on google.
I am sure that are going to find plenty of different websites.
If you google it you will find multiple sites that will provide you information related to bitcoin, but if you want reliable and updated information then this forum is the best platform. |
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557
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Other / Off-topic / Re: How to motivate womens to use Bitcoin?
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on: July 13, 2016, 06:38:29 PM
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What has gender got to do with anything
Off course its important, if women will start using bitcoin then it will contribute to the higher adoption level, we need both genders to take bitcoin to a higher level. |
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559
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Bitcoin / Bitcoin Discussion / Re: How is bitcoin most important to you?
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on: July 13, 2016, 06:30:41 PM
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Since, this year (2015) january, all my phone and internet bills were fully depends on bitcoin. And i've adjusted my budgets. so, if i don't have bitcoin, i cannot use internet. So the bitcoin is important to me this way. And so i voted "other".
very good. bitcoin is also very important for me. it give me a good financial support. recently i have bought a 56 inch LED from bitcoin. now i am going to buy a laptop for me from my extra income that comes from bitcoin. Thats a good idea that you can buy something worth it with bitcoin.. honestly i dreaming more of that so that i can buy more or i can buy anything that i want.. business is my dream with bitcoin and i hope someday i can start it .. Its not possible to buy only from earnings from signature campaign, you need to have multiple sources of earning bitcoins as for me its only taking care of my basic expenses. |
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560
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Economy / Speculation / Re: When Bitcoin will pass 1000 usd again ?
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on: July 08, 2016, 11:11:43 AM
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I'd say yes. It will pass the 1k.
But just after crushing the 1 k ceiling, it'll go down again until the 600 or 500 just as it is right now.
Halving will have a strong effect on it but it will come back, a too high price it won't be sustainable.
Yeah and lets hope that it doesn't hit the price of $1k overnight, as major pump will be followed by major dump, so it will be good to see if it reaches there slowly and steadily. |
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