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561
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Economy / Speculation / Re: $705 in 11th july?
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on: July 08, 2016, 11:09:14 AM
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I guess there was no time to look forward at a higher price, to be honest there is little doubt that prices will fall even after halving occur. will see the price at 11th july, my guess $670
The price on the halving day or a few days after will be around $640 to $740. If there is good news, the price will be higher. we really don't know what ways the bitcoin will go this coming halving but i'm just hoping that it is more than 705$ many speculation but for me i'll be waiting or expecting 800$ good luck. $800 seems to be difficult to achieve now as price will not move rapidly in next couple of hours, even if it touches the price of $750 at halving then that would be good price to achieve. |
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562
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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 08, 2016, 11:07:00 AM
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Investing 1 bitcoin for a long term is not good but if you invest 1 bitcoin in short term i think that pretty good to have profit. If you prefer to invest for a longtime you will need to invest 5 -10 bitcoin to give you more profit at the time you will set in your investments.
10 BTC is acceptable but not quite enough, I believe 100 BTC could give us a comfortable life in the future if our investment will survive and will give us profit. I will just buy one bitcoin to test the water. The price is too volatile. I will just hold the coins and wait for the price rise. That's right don't put a lot of money in bitoin if you don't know how the market works and if you just want to test or take some risk then 1 bitcoin is enough for you to have a good long term investment because i'm sure that next year or 2 years after you will earn a good profit even you only have 1 bitcoin  . Hmm... Don't know where you're from. Maybe you're from somewhere poor. But 1 btc is really a loooooooooooooooow amount for Western countries. I mean, having 1 btc won't change your life in any way! In some countries 1 BTC is more then a month income, so yes getting 2/3 months salary is a big change for them, since the prices of consumption are very low. For us western it's at most half of the rent. Yes and if the cost of living is low then 1 btc can also take best care of an individual but if he have and responsibility of a family then 1 btc won't be sufficient. |
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563
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Economy / Economics / Re: Sell Everything?
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on: July 08, 2016, 11:03:53 AM
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You should not sell everything at once because there is always a chance that the price is going rise after that.
So then you have missed out on some more money which is bad and you will regret that.
Yeah selling everything is not an good idea as price may go higher in future, so if you are holding some coins then you have an opportunity to sell your coins at that time and earn higher profits. The bitcoin price is in the consolidation status after the big rise recently. After a few moths consolidation, the price will rise. Halving will not show us higher price as per our expectations but price will rise after few months of halving and we can expect 4 digit price at the end of the year. |
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564
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Economy / Economics / Re: I have 12 BTC in my Account, How should I invest this??
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on: July 08, 2016, 11:02:14 AM
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It is already an investment per se, so if you want to get something from it, better not to invest it in some shitty start-up companies or scam sites built with the sole purpose of getting your money. Just keep it in a cold wallet and you'll be fine.
Exactly saving is better in compare to investing bitcoin in any online sites, as its very hard to find any trustworthy sites nowadays as everyone is busy in scamming people in long run. |
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565
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Other / Off-topic / Re: Do you actively spend your bitcoins?
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on: July 08, 2016, 11:00:22 AM
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i continuously use my btc paying my expenses like electric and phone bills, the earning i'm getting from my campaign and some some my trading automatically been paid my bills.
Spending bitcoin is a real fun to me, as I spend it on skype recharge and mobile top up, and if I am in need of money then I sell my coins and convert it to my local currency. I do that also exchanging it to fiat for my groceries. It did a big help for me, it is like my weekly grocery is free I dont feel like I am the one spending it plus I can save my salary from my job. Yeah bitcoin is taking care of our basic expenses, so our salary in intact and we can save a good amount of money which can be useful in future to invest somewhere. |
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566
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Other / Off-topic / Re: du you spend coins on real life.
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on: July 08, 2016, 10:57:41 AM
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there are few cafes shops in the uk thats accepts coin and i somehow spend some have you your experience ? and how did you feel? when i was sending coin peoplein the cafe was looking at me and asked me about it truly i feelt like im .... hurraaaaaaaa
No I would if there were stores that accept Bitcoins but in my country no stores accept Bitcoins they do not even know what Bitcoins are. It would be a huge thing if Bitcoin made this possible. I have spend some Bitcoin in real life but to me it does not really matter if I spend my Bitcoins or cash both are doing the same thing so what does it matter. Spending cash is a little better because you can make money with the Bitcoin so it is a bit of a waist to be spending them allot. I save most of my bitcoins in the cold wallet. I might use some to help the circulation. Either way, it will increase the price. I hold most coins for the long term. I have hold them for several years. They have increased in value many times. If you are only holding and not spending your coins then how you gonna make profits from it? Try to spend or sell when you see higher price as you can again buy when price falls. |
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567
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Bitcoin / Bitcoin Discussion / Re: Please teach me how to grow my bitcoin
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on: July 08, 2016, 10:54:06 AM
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bitcoin is just like any other currencies. to grow it you need to trade it with other currencies with the role of buying low and selling high
Or invest. Investments pay off a LOT more with a LOT less risk if you aren't stupid. Actually that depends a lot on what are you going to invest in. If you are talking about cloud mining or some HYIP's just leave it alone,they will scam you as they always do. Investing bitcoin has become very risky now as majority of sites are turning out to be scam and will cheat you in long run, trading is the best way to grow your coins. |
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568
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Bitcoin / Bitcoin Discussion / Re: What's your biggest problem with Bitcoin
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on: July 08, 2016, 10:48:45 AM
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i dont have a lot of problems with bitcoin, to be honest my biggest problem is that bitcoin is hard to achieve
It is better if you are going to indicated your biggest problem that is hard to achieve so that we can know it and we can give suggestions about. But it is a good thing that you don't have a problem with bitcoin and also I, I'm not seeing any problem into it. Even the delayed transactions is not a problem with me. I agree with you that the delay of transaction is not a problem for bitcoin but some of the users looking for this as a big problem because they want an instant transaction but that is impossible in online transaction it will required a validation/confirmation in every transaction made or to be made. of course people complain at the speed of transactions confirmation on bitcoin because they think that speed pf transaction in bitcoin is very fast and instant, but once they try it they have to wait one confirmation to be able to use it of course it was a problem for them let alone to get 1 confirmation takes between 1-20 minutes maybe more Sometimes it takes lot of time for the first confirmation, but once 1 confirmation is done then it will speed up the process, and for me maximum it takes 30 minutes and I am ok with it. |
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569
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Economy / Speculation / Re: Will Bitcoin replace Fiat by 2030?
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on: July 06, 2016, 07:58:52 AM
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Seeing the implementation of new technologies to our daily life, schools, administrations...is still partial in most of the countries, i doubt then that bitcoin could replace fiats in 14 years from now... Maybe few countries will adopt bitcoin as an official currency by that time
Even if they adopt it as an official currency but there will be certain proportion of people who will continue to use fiat, as we cannot expect from poor and illiterate people to start using bitcoins. |
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570
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Economy / Speculation / Re: I'm dumping my bitcoins so you should
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on: July 06, 2016, 07:56:43 AM
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That some peopel are dumping bitcoins because they dont believe in them enymore does not mean that we also need to dump our bitcoins i can decide what i want
to do with my bitcoins and i can tell you you can better hold them than dumping them right now.
It will be an stupidity to dump your coins at this stage when halving is so near, as price will rise in next few days, so its better to hold our coins till that time. |
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571
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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 06, 2016, 07:54:34 AM
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If you want to make allot of money then is that not the best strategy off course but i can tlel you when you hold that coin for so long the price can do allot of strange
things i hope the price will rise offcourse but we will never know that for sure.
If you want to earn higher profits then I think 1 btc will not be sufficient to achieve that goal, you need too collect as much coins as possible to earn good profits from it. |
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572
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Economy / Economics / Re: Bitcoin worth to you or not...
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on: July 06, 2016, 07:52:07 AM
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Yes the bitcoin is worth it for me because of the fact that the bitcoin is gonna rise to a higher amount.
Investing is really worth it and it has a great future a head with all these advantages.
Right, bitcoin is really worth for us by just waiting for the price increase for sure we are going to benefit it and that's for real. What ever you are going to do with your bitcoins it is going to be beneficial except gambling and investing on scam sites. Exactly, even when the price will not rise that much it would still be worth for me, with bitcoins being stable it can give me a lot of opportunities to earn and you would also improve your life learning the investing part later on when you have the savings already. Bitcoin is worth to all of us as we are investing our time and energy and making best efforts to earn it, and the worth of bitcoin will be much higher in future, when price will skyrocket. |
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573
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Economy / Speculation / Re: bitcoin continuous rising?
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on: July 06, 2016, 07:49:29 AM
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bitcoin prices every day will increase, although this increases slowly but someday bitcoin prices will be high. This is evident from the 2015 ago, that the price of bitcoin at that time dropped to less than $ 300, and this year to $ 400, a pretty good chance it will be high again in 2017
Bitcoins are rising allot but you cant say that they are rising continuous because the bitcoin is also dropping allot the last time you can see that on the internet the price of the bitcoin has dropped allot the last time,. Price ups and downs is not new thing in bitcoin, at this stage bitcoin is not rising as it has to be, as halving is near it should be around $750 by now but unfortunately it didn't happen. |
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574
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Economy / Economics / Re: Should I believe in Bitcoin ?
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on: July 06, 2016, 07:46:57 AM
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Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?
Instead of beleive on bitcoin, beleive on me and give me all your money!  Nah is just a joke, nobody should try to convince you about it, you should do a good research about it if you want to invest, but after you research about how is going with bitcoin im pretty sure that you will start to believe on bitcoin. My best advice, do a good research about it, and come back later to this thread to tell us what are you going to do  I dont think it is very clever to believe in the bitcoin anymore because we cant know what will happen in the future with the bitcoin i will see what will happen after the halving if it affects to many the price of others things of the bitcoin i will quit with using it, Its better not to quit and have patience as bitcoin will be bigger and more popular in future, if you get panic very easily then you will never able to make profits from it. |
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575
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Bitcoin / Bitcoin Discussion / Re: Please teach me how to grow my bitcoin
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on: July 06, 2016, 07:40:59 AM
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try altcoin trading...you may need some patience to it but it has less risk than others like gamblin, just always remember buy low sell high
if trading that easy as you say just buy low and sell high it'll sure make me rich now ,trading can't be easily predicted and that's why so many people keep losing money,and people's opinion does really matter to altcoin just like when ethereum got hacked I agree trading altcoin isn't that easy, besides information loitering around can't be trusted you really need to do a very good research but still that is not 100% accurate, there is always two force playing around a coin, FUD and HYPE, and I agree most people who think trading is easy will more likely lose their money. Though I agree trading requires alot of patience like what is happening to EMC2 atm, it was very low for how many months and now it is gaining. But still having patience will not secure your profit though . Looking at the current movement in the price of bitcoin, I don't think halving will show us extra ordinary price, but still I am holding my coins hoping that price will rise at halving. |
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576
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Economy / Speculation / Re: Bitcoin price going up?
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on: July 04, 2016, 08:57:34 AM
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Bitcoin prices always going up but off course there are some drops in the midle but that is with everything. There will always be a rise at the end and i think the end of this year
will have a nice rising. So if you just hold some of your coins for the end of year 2016 you will be very happy with the profit you make.
Yeah holding till the end of the year can be really profitable, if halving allows you to make profits then you should sell your coin and collect the profits and buy it again when price falls after the halving. |
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577
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Economy / Speculation / Re: 1 bitcoin = 200k dollars
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on: July 04, 2016, 08:55:39 AM
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I do not believe that the price is ever going to be this high because it just does not seem realistic anymore and allot of things have to happen for the value to reach that amount of money.
So people do not hope that something like this is going to happen because I am sure that it will not happen.
It would be waste of time if we hold our coins that one day it will achieve that price as that is simply not possible and I think maximum it can achieve is the price of $10k. the maximum price that bitcoin can achieve after this halving is $2k, then how to think about $200k. this can happen only in dream. Exactly $2k is possible to achieve either in this year or may be next year, and if it achieve that price then majority of the users will sell their coins to grab profits. |
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578
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Economy / Economics / Re: Is it better to save money or invest it?
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on: July 04, 2016, 08:53:27 AM
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investment will be much better. because we can benefit each time. while if only to save money then we will not get profit-making. investing so much better than just saving money.
Where you will invest it? Most of Investment that we see online are scams, there's no assurance if they will give your money back. Before you will get the profit there's a high chance that they already run with your money and smiling how stupid you are to believe that those kind of site will give you complete ROI. If you want to invest bitcoin then invest in trading sites as it will never turned out to be a scam and if you want to invest fiat then invest it in gold or bitcoins. |
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579
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Economy / Economics / Re: Should I believe in Bitcoin ?
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on: July 04, 2016, 08:50:43 AM
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You don't need to convince you just need to know more about the history of bitcoin and you will trust bitcoin yourself the price always higher than any coin and the most of people using bitcoin Yeah you should believe in the Bitcoin because it can allow you to make much money but if you want to hold on for the future that is on you. It is not sure that the waiting is going to pay off and that the price in the future is going to be higher the ever. But it is worth trying it out. Its always good to save some coins for the future, as if bitcoin succeeds in long run then it can give you best profits, but also its important to make small profits in quick time. This is what I'm doing right now. I am earning and not even using one single coin for anything so that whenever I hold it for many years I will benefit with the result I can have. for me you should believe in Bitcoin because there is a chance that the price will be good in the future. So it would not hurt to invest a bit of your money in to Bitcoin you will not regret it. We should always believe in bitcoin as bitcoin also needs support from its users in long run, and bitcoin will reach to its highest position in future, and we need to have faith in it. |
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580
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Economy / Economics / Re: Does the Price of Bitcoin Matter?
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on: July 04, 2016, 08:48:14 AM
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I think the price does matter for the most of users because if you trade you are always looking at the price and the same rule applies for investing in it. We always looking for a profit thats why price does matter.
If bitcoin will hold low price in future then I don't think anyone would be interested in it, it is only the price that makes people to get attracted towards it. |
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