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581
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Economy / Speculation / Re: bitcoin continuous rising?
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on: July 04, 2016, 08:45:57 AM
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Bitcoins are not continuous rising but there are allot of people who thinks it is only rising but there are also allot of drops most of the time the drops are not really big but it are
drops and that is never good for the bitcoin. But after drops also comes price increasings and that will happen more than the bitcoin drops.
What people are trying to say about continuously rising is the time that pass like years. Of course it is not a consecutive rise but even though we have a lot of drops there were still a rise that will make the prise of the coin into higher stage. Rise and fall will always be a part of bitcoin, but if we compare it to last year then it has definitely risen a lot and we can expect the same in coming months too. |
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582
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Other / Off-topic / Re: Why are you investing in Bitcoin?
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on: July 04, 2016, 08:43:55 AM
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You can invest into the btcoin to make allot of profit as you all know the price of the bitcoin is never stable and most of the time you will only have profit
when you buy bitcoins and the price is rising most of the time. So if you want to invest into the bitcoin do i t right now.
Yeah I think that is the best advantage of bitcoin that you can make good profits in short duration and that is why I am investing my money into it. |
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584
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Other / Off-topic / Re: Earning a living with bitcoin?
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on: July 04, 2016, 08:37:31 AM
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Hello guys,
how many of you are earning for living just with bitcoin based projects? If some of you do, can you contribute what do you do?
We know that it is hard to make a living out of the Bitcoin but it still is possible but you will have to handle in allot of Bitcoin in order to make that possible. If you manage to do that then I am sure that you can make a living out of just Bitcoin. Yeah to earn a living with bitcoin is possible in two cases, either you should earn good number of coins regularly or price of bitcoin should go higher, second option seems to be be difficult at a moment. if you can study how trading work mate you can at least make it possible to make a living from it but it is hard because of many fake created alt and the movement is not that good as of this moment, me i'm earning btc with campaign faucet and trading can accommodate my daily life earn at least .04 btc a week. Yeah if you can manage to earn it from various sources then you can afford to earn a living with it and you also get freedom from your boss as in bitcoin you are your own boss. |
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585
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Bitcoin / Bitcoin Discussion / Re: Halving is a profitable???
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on: July 04, 2016, 08:32:41 AM
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I'm also very positive about the halving. I should have bought more bitcoins long time ago, when they were cheaper.
yes i also have a positive thinking about bitcoin. i also think so that bitcoin is profitable. i am hopeful that after halving the price of bitcoin will not crash. hope that bitocin will keep stable its position. I would be satisfied if I see the price of bitcoin between $750-800 at the time of halving and it would be an added advantage if it remains stable after the halving. |
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586
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Economy / Speculation / Re: Welcome back! $700
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on: July 03, 2016, 02:12:25 PM
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it seems like i am late to the party!
even if the price broke $700 it seems that it was only a temporary thing because i see $677 at preev.com/btc/usd/source:bitstamp
but i am still hopeful that price will soon go much higher than this and we will see another big rise after the halving.
When i checked yesterday the price was at 704, now we are back to 670. For some reason 700 dollars seems to be price that is hard to breach. If there is stable support we may see some good things. Even if price has gone down today we can expect that price in coming days and I am sure price won't be below $750 at the time of halving. Good to know that the price goes up to $700 again. Hopefully you are right that it won't be below $750 on halving. There are quite small changes on the price of bitcoin these past few days that's why it's hard to predict/expect sudden increase but I'm still hoping for more on or after halving day. Can't wait to see it in $800 and up, that would be really a good time for me to trade again. Users are eagerly waiting to see the price of $800 so that they can sell their coins and secure the profits, but I think it will take some more time to achieve that price. |
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587
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Economy / Speculation / Re: Bitcoin price is climbing up slowly slowly. what do you think ?
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on: July 03, 2016, 02:10:02 PM
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are you asking what do i think about seeing the slow rise? i love it.
i think it is so much better to have a very slow and stable rise over a longer period of time and become stable rather than a sudden big rise over a short time (burst) and then fall right afterwards.
yes slow and stable price is much better for bitcoin instead of big pump and big dump to follow i want to see this price stable between 650-800$ after halving so the price will be beneficial to all of us who believes from this project. Most of the users will be satisfied to see the price of $800 at halving and to be honest I think that is really good price to hold if it remains stable for a long time. |
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588
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Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years?
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on: July 03, 2016, 02:08:09 PM
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For me 100 bitcoins is enough amount to have a mid class life when you retire. And it's better if you use at least 10 or 15 bitcoin from that 100 to be a capital to be able to start running your own business because business is one of the best way to continue making money and in business also you controlled your time and you are the boss  . yes 100 bitcoin is a realistic target. I was also not possible to get so many bitcoin as 1000. 100 bitcoin also is my target and the only hope of future price at least above $5000 I think 100 btc is a really good amount to hold for the future, even if price doesn't reaches to the moon you can expect good and luxury life with that amount of bitcoins. Not possible for everyone to hold that high amount for future, as its too high and not everyone can afford to hold it, better to keep some realistic value in mind and start working on it. |
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589
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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: July 03, 2016, 02:05:52 PM
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For me bitcoin is always good as an secondary income, but you cannot depend only on it for living, as there is no assurance that price will go higher in future, and if you quit your job then you are taking a big risk.
That always depends on your method in making money with bitcoins, if you are doing micro task then the answer is yes but if you are trading and investing with a decent amount then bitcoin should be you main income. Yeah Depending on the way, how we earn the money for Bitcoin and the amount matters.. As its a time consuming it takes a lot of time...if we spend our Bitcoins by playing in online casinos then it might be the wrong decision to give up your daily job...But if you invest your time in doing trading then surely you will have a good profit from it but all you need is good knowledge in markets and its speculations Choice all goes to you  Trading is also gambling because it involves risk and I would never sacrifice my job for just trading, I will only quit when I have a good amount of BTC save and I have a work here online that pays a decent amount of BTC. You are right trading is also risky and we can say that it is somehow like gambling. But it is really different with gambling as you are the one that will going to create your profit to it. And being a trader is one of the full time bitcoin job that you can do, but you can just do it for short time daily. Trading is much safer in compare to gambling as in trading it will depend on you that what strategy you will follow to make profits, where as gambling depends only on pure luck. |
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590
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Economy / Speculation / Re: Time to sell? Or to buy?
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on: July 03, 2016, 02:03:40 PM
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Now is a good time to hodl bitcoins until the next halving on 9th July.
After that time will tell whether to buy or sell coins. I hope the situation gets better post halving.
Still there is an opportunity to make profits at halving by buying at current price, it is lower today in compare to yesterday so it would be good if we buy some coins in small portion. |
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591
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Other / Off-topic / Re: Do you actively spend your bitcoins?
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on: July 03, 2016, 02:01:58 PM
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I spend my bitcoins investing in a mining corporation like Hashocean. Unfortunately, this site is down now and there is no sign that it will come back. Apart from that, I also spent my bitcoins depositing in a gambling site like Bitsler. My goal is to have a large amount of bitcoin before halving and I plan to trade that when the price of it pumps. But I can't reach that 'cause I always loose on gambling sites. I suggest that you keep your bitcoins in your wallet and wait for the halving and then sell it in a high price then wait for the price to go down, then buy another bitcoins.
You shouldn't join any self-proclaimed cloud mining sites, because it's not real. Most sites that says they are cloud mining site is a ponzi. You can't profit in any mining site nowadays because mining is getting too hard. too risky to join in a cloud mining site nowadays,after what happened to hash ocean. 2 years of service and no one thinks that it will be going to a scam..sad life for those who invest big btc. Exactly feels sorry for those who have lost their money in it, so it was an learning experience for all of us to not to get greedy and stay away from any investment sites. The only thing you can do is accept your losses because that is the nature in investing that is why it is risky, when you can accept already it would be easier for you to find another investment opportunity because you have move on already. It's not even investing, he's been fooled that the site he invested is a cloud-mining but it is a ponzi. There's no investment happening in a ponzi system. They just pay you with a new user that deposited. They will only pay you in short term and you cannot expect same returns in long run as they will surely run away with the investments of the people. |
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593
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Bitcoin / Bitcoin Discussion / Re: Please teach me how to grow my bitcoin
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on: July 03, 2016, 01:57:49 PM
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You can invest bitcoin you have. play trading is the best way to look for a sizable profit. use bitcoin you have to add bitcoin is more.
Growing bitcoin is achieved easily with trading, with trade you will get more bitcoin with your available bitcoins, and if you want to get bitcoins without invest your bitcoins then you should have t adopt other ways like start blogging and join online paid tasks. Trading is a good source to grow your bitcoins in future as you can take all the benefits from price fluctuations and you can also give an try to altcoin trading as it also holds a great future ahead. |
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594
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Bitcoin / Bitcoin Discussion / Re: People hate Bitcoins?
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on: July 03, 2016, 01:50:06 PM
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People don't generally hate bitcoin. Most of them avoid it just for its volatility.
Also some of them doesn't like to accept the risks of it and want to avail the traditional system of investment.
Price fluctuations is the most important factor that keeps people away from bitcoin as they have fear of loosing their money by investing in something they really don't know. |
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595
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Other / Off-topic / Re: what you like best in Bitcoin ?
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on: July 03, 2016, 01:48:02 PM
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For me i liked bitcoin cause bitcoin has a less transaction fee than other currencies, Easy to get a profit from it. More chance of getting a profit from it. Many opportunity of enlarging your balance in bitcoin
Yes true in bitcoin we can get a lot of advantages. We can also maximize profits by holding until the price rises. It was a good investment. Our identity is also maintained so that our wallet safe. A lot of what I love about bitcoin that makes me comfortable to use. Yeah bitcoin has many more advantages like instant and faster transactions, transactions with low fees comparatively then other payment processor and besides that bitcoin can provide high level of security if you can use it correctly. BITCOIN IS JUST UNIQUE <3 exactly i agree with all of these . also add to all these good features the fact that bitcoin is also an investment on top of being a good currency. the price is rising and it makes it a very profitable investment for the moment. Yeah and bitcoin allows us to make good profits from it which on other currency can allow us and if we invest money in it now then it can give us best returns on our investments in future. |
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596
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Economy / Speculation / Re: Bet: Bitcoin to top $900 before Sep 2016
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on: July 02, 2016, 10:11:30 AM
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I think there is a chance that this could happen honestly, if everything will go well I think it can happen.
Its just a matter of time, if the halving will also be good there is a chance of doing this.
Hm.i think it's maybe because the matter that $900 is too high for that to happen as early as september .i am expecting that in the next halving or year .but who knows if it goes $900 as september its a good news for us. I think it is not a big problem for the bitcoin price to be $900 in September. It is still 2 months away. Things are much more difficult than they might look. Just look at the fact that we missed the $800 level while we were less than $10 away from reaching it. Everyone thought it would definitely hit that price level, but it didn't unfortunately. Exactly from $780 it went back to $560 in last week, as at that particular point everyone was hoping to see the price of $1k and now again we are struggling to touch even $700. |
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597
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Economy / Economics / Re: If you were in desperate need for money....
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on: July 02, 2016, 10:09:23 AM
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If i were in situation like this, at my opinion i would sell something useless and also will try to borrow some money somewhere, maybe banks maybe friends dunno.
I think the bank will provide interest for your loan? is it you are ready to pay the interest charges from the bank? of course, if you're still having trouble financially. interest can kill you Getting a loan from bank is not easy, it involves long procedure and you also have to meet the rules and conditions of the banks, and it will be a time consuming process. |
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598
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Economy / Economics / Re: When do you buy Bitcoin ?
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on: July 02, 2016, 10:07:13 AM
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Price is rising now, so I have given some rest to my purchases as I think $675 price is high for me to buy bitcoins, I will prefer to hold the coins that I have in my wallet.
If you think you can avail bitcoin today then go buy. As the price is going to increase for sure. But it depends if you can avail today. But it is always been better to buy if the price is low. If you have faith in bitcoin and halving that it will show us higher price then you can definitely buy at this stage, as price at halving will be higher which can give us some good profits. |
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599
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Economy / Economics / Re: How to save money.
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on: July 02, 2016, 10:05:10 AM
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This means to me like buying only the important things and not spending them for nothing this will amke you able to save a lot of money than you expected. As what they say you should live like a poor a person that dont want to think that i have to buy this and that but only preparing for your future or the right time. This will make you a very productive person for buying only the things that you need or you cannot survive without it. Spending much money will give you a lesser security in life.
Yeah saving for me is not easy if you are just save it for none safe place your savings are risky.. better to look for a safe place to save your money and choose bitcoin for saving money this is a smart way because you can get the benefits of bitcoin while the price is increase you are gaining a profit to while you are savings.. Of course, but it is never advisable to save all your money in bitcoin wallet because we can never know in the future, for me saving you money in the blockchain is called investment and saving is only when you deposited it to the bank. Saving money in terms of bitcoin is really good in compare to saving fiat into banks, as you cannot expect good returns from banks but bitcoin will grow your money in future. |
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600
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Economy / Economics / Re: Is it better to save money or invest it?
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on: July 02, 2016, 10:03:09 AM
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I think everyone has a rich blend of the both between investment and saving. of course if you have a good strategy for investment and saving money. it could be a good plan for you
actual saving and investment was almost, the same. but maybe you would be more profitable when you can take advantage of both of these at the right time. so, I think this time is a good thing to hold bitcoin, and may very well if the sell when its price above $ 700 I would say they are both partners. Investment is nothing if you don't have savings. And savings is nothing if you are not going to invest for it. That's they are both important and you don't have to choose between them. Exactly, to make an investment I think the primary base is to save money, and if you have saved descent amount of money you can easily invest it in future. |
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