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701
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Other / Off-topic / Re: The bitcoin in daily life
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on: June 15, 2016, 05:26:30 PM
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I used to spend on gambling in the past but now halving round the corner I cannot afford to loose any small amount of coin, so I am holding it for halving.
Yeah same here its better to hold it right now because of block halving and more bitcoin price increase will come.. We already know about daily life with bitcoin its boring if you just holding it so i play few bitcoin very small amount just to make fun with gambling.. Don't waste your hard earned coins in gambling as even if you hold at this stage then you can earn more then gambling if price goes higher at the time of halving and it is risk free too. |
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702
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Bitcoin / Bitcoin Discussion / Re: FUCK! Bitcoin is dead again. This time for sure.
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on: June 15, 2016, 05:22:33 PM
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Why people are still complaining about dying bitcoin honestly its hard to believe that bitcoin will be die because many store right now are accepting bitcoin as payment and more people are using bitcoin.. so its impossible.. or it will happen but bitcoin will alive again..
Bitcoin can never die it is still in its primary stage and its gaining popularity and trust from many new investors so its difficult to imagine that bitcoin will ever die. |
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703
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Other / Off-topic / Re: What is your plan to get rich with Bitcoin?
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on: June 15, 2016, 05:20:33 PM
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My only plan is holding all my bitcoins until the halving, because i predict the price of bitcoin will increase so high and when the times come, i will sell al my bitcoins.
Well at what price you'll be selling your coins? i'll be selling a few at $850-$900 and rest i'll be holding for new ath.(if it happens  ) Its good to sell coins at price of $900 but if you can afford to wait till halving then it can be more profitable as it is predicted that price will reach to $1k at the halving. |
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704
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Economy / Speculation / Re: Bitcoin will never reach $700 again
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on: June 14, 2016, 03:21:14 PM
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Off course he will hit the 700 each as you can see by your self he almost reached the 700 and i think that would happen for sure at the end of next week trust me it will happen.
It already crossed $700 yesterday and now we are sitting just below it and now $700 is not difficult it will cross and reach $750 in next couple of days for sure. |
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705
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Economy / Economics / Re: Mining coins save or sell it?
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on: June 14, 2016, 03:19:11 PM
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When mining coins you can sell them right away because all of the money is somewhat a profit. I think that it is still better to wait if you want to make more money. Patient is always good with Bitcoin.
Mining at this stage is not profitable but saving till halving can be good and if you are satisfied with current price then you can afford to sell it too to grab some profits. |
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706
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Economy / Economics / Re: Do you Still believe in Fiat?
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on: June 14, 2016, 03:17:22 PM
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I have never believed Lol wat??
You don't have to believe in fiat, it exists and it works for day to day transactions. Don't know about its future.
agree. I myself never think to believe in fiat or other currencies. just use what are available to use as long as they're legal, or no one forbids us to use it, or the advantages are not too much. fiat itself is not forbiden, is legal and currency. so just use it, don't need to believe in, that's all. i neve rbelieved in fiat before because the bitcoin came you know this is more my time. So i never wanted to use fiat and i think that is the same for allot of people. So you mean to say that you never use fiat and only use bitcoin? I don't think that is possible as bitcoin is not that popular yet and only fiat can take care of that. |
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707
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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: June 14, 2016, 03:13:14 PM
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Off course who does not wnat this if you can make allot of money just with mining or earning bitcoins who does not want that i mean it is always better than work.
well yeah it would be better than work in my opinion but i think there is no proper work to do with bitcoins for me right now If you don't have proper way to earn bitcoin then you should concentrate on your job and continue with it and in extra time you can learn how to earn bitcoins. |
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708
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Economy / Speculation / Re: Bitcoin price will reach $4000 after halving ?
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on: June 14, 2016, 03:09:34 PM
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It is not possible. Max Btc price is 1200$ and that was because Mt.Gox manipulating the prices. I am very surprised to see 650$+'s but i must say that 4000$'s is a dream which will never become true. We may even see 700 or 800's but when this hype is over it will goback to 400's sooner than you think.
Well, in fact it would be very difficult and can not even. bitcoin prices now above $ 650, and have not even touched the price of $ 800. bitcoin price will be very difficult to achieve a price of $ 4,000 if bitcoin they can be easily obtained. even if the amount is reduced by a large bitcoin, it will not happen. Its impossible to expect this high price in such a short duration, that seems to be impossible may be we can achieve the price of $1k after the halving. |
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709
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Other / Off-topic / Re: What do you do with your btc?
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on: June 14, 2016, 03:07:34 PM
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well i always invest my btc in gambling
thats not an investment i think because you would most probably lose all the bitcoin i just hold my bitcoins and i dont do anything Gambling is also one sort of investment but its an very risky investment as chances of winning are too less, and you may loose all your money in a single day. |
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710
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Other / Off-topic / Re: bitcoin affects life a lot
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on: June 14, 2016, 03:05:38 PM
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still trying to earn bitcoin beside my main job , so bitcoin not affects much in my life for now, but who know maybe in future i can change my life with bitcoin
I guess you haven't gotten victory and pleasure in the bitcoin, so you still do bitcoin to earn extra money. You already know that bitcoin is a digital currency that is so special and advantageous. Hopefully you can do short or long term investment in the bitcoin Proper knowledge and guidance is so important to learn how to make extra money from bitcoin, and once you get that then sky is the limit for your earnings. |
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711
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Bitcoin / Bitcoin Discussion / Re: What is big problem in using of bitcoin
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on: June 14, 2016, 03:04:17 PM
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There are to many problemd with the bitcoins and that is onl;y because the security of the coin is not that good or you can say the security is so bad dont use them.
Are you kidding me? If you suggest not to use bitcoin then why are you wasting your time on this forum? Bitcoin is very safe and its not easy to hack or steal bitcoin. |
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712
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Economy / Gambling discussion / Re: Gambling problem
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on: June 13, 2016, 09:15:49 AM
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Gambling is bad because you have to know that there will be more people that is losing money and will get addicted which that must not happen to them.
But of course it is hard to know what will happen with yourself if you are gambling because it is too risky.
Yes there are a lot losing from it, but if you are lucky enough you can turn the tables and won a bit money from it, if you are really lucky then you can do it but luck is not always there for you and you can not know when you can be lucky and that is the risk in gambling. Luck will not on your side and that is the reason we call it gambling, you cannot predict anything in gambling either you win or you loose, its 50/50. |
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713
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Economy / Speculation / Re: I have been hodling for 900 days
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on: June 13, 2016, 07:55:05 AM
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It is now the best moment to hold it because the price of Bitcoin is now going to rise and that is really nice for people who already have Bitcoin.
But it should be bad if you are going to sell it now because you are greedy because the value of Bitcoin keeps rising now.
But would it be good to buy now? There are people saying the current price increase is just because of the Chinese. There could be a price correction in the coming weeks before the halving starts. I will not prefer to buy now, I will wait for some more days and will see if price drops or not, as the current price is too high for me to buy some coins. |
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714
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Economy / Speculation / Re: It is Buy time!
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on: June 13, 2016, 07:53:30 AM
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I think it's still not late to buy and hold BTC.
We'll probably rise to the day of the halving and then probably sell on it, then buy back on a bounce and be steady from there. Not sure on the final price though But I still think that the final price would be a lot more than what it is now. Now we can just wait and see. if you have good patience, you will also get a better profit. towards halving still about one month away. so the price will continue to rise. Let we will see more surprises That's true but the fact is majority of people will not afford to buy with current price as price is too high at this stage and bitcoin is unpredictable so it can be risky to buy now if price drops in coming days. But taking that risk and buying now could also profit a lot in the upcoming halving next month. Yeah and it also depends on an individual that what are his predictions and expectations from the price of bitcoin at halving, as price would be much higher at halving. |
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715
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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: June 13, 2016, 07:51:08 AM
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i would definitely not do that ever because i dont have a possible job with bitcoins
though if there would be more jobs for bitcoin that would be well paid i guess i would do that
yeah maybe you have not had too much experience and it makes your job in bitcoin becomes unclear. many methods to get bitcoin. sometimes blindly confused. my advice is to choose one method that is the most you like and you can pursue that job Full time job with bitcoin I think is limited, and those people who are really with bitcoin since the beginning are working full time on it. Or if you are an owner of exchanging site , gambling site, faucet site or a miner. Then that can be consider a full time job with bitcoin. If you don't own such businesses like you have mentioned you can still make money with bitcoins, if you are good trader you can consistently earn a good amount on a daily basis while if you have a good capital you can also invest with bitcoins and even altcoins with good potential in the future. Trading has risk too, the best thing we can have is a job that secure our profit like a business. I prefer the user above you because what he meant is a secure and sure job that profits you. Trading is good but you cannot expect profits every time, you may suffer loss in future, its better to keep bitcoin part time and concentrate on full time job to have secured life. |
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716
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Economy / Speculation / Re: Bitcoin price will reach $4000 after halving ?
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on: June 13, 2016, 07:49:18 AM
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Never say never!
I think it's possible.To me after halving doesn't mean it will happen this year.
But until next halving in 2020 there is enough time and a lot of things can happen.
And in the long run this price is definitely a realistic goal.
Well, you're right. we will never be able to guess the price increase bitcoin, because it sometimes exceeds our expectations. perhaps in the years to come bitcoin prices will further increase and reached a price of $ 4,000 \ I know that people want this to be happen and so do I but I do not think that the price will be this high after the halving. I think that the chance of this happening will be bigger in 2017 or 2018. Yeah and we can expect the price of $1k at the time of halving or after halving as that seems to be achievable and realistic now but $4k is not possible to achieve so soon. |
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717
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Economy / Economics / Re: Is it better to save money or invest it?
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on: June 13, 2016, 07:47:29 AM
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You do know there are other ways to invest.. Not just bitcoin or gold, I'd suggest talking to a finical adviser about your investment options.
If you are content with low returns then it is probably best to save your money in a low interest account. It will be insured and is 'safe'. Gold is a solid investment, the price is quite low at the moment, it seems like a safe long term investment, not very fungible though. Bitcoin is dangerous, you could lose most of your money quickly, you could also make lots of money. It is fungible, if you can handle the stress of big price swings, it is a good investment in my opinion. I wouldn't put all my eggs in one basket. I personally am long oil at the moment, I can ride out the overproduction dip, but it won't stay at $50-60 for long, I am willing to bet on that! i will say it is better to save money than investing it because when you save money you have some backup for later when you decide to stop with work you always have a back up or at least some extra cash for unexpected things that come your way. If you are looking for better life in future then only saving will not help, you need to take that extra risk and invest your money where you can expect good returns in future. |
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718
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Economy / Economics / Re: Bitcoin or gold?
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on: June 13, 2016, 07:46:00 AM
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If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
Bitcoin. Here is why Let us go back 110 years to say 1904 and ask the following question: If you had to convert all your wealth to either horseless carriages (otherwise known as automobiles) or horses and keep it there for 10 years, which would you choose? Keep in mind the fact that horseless carriages have only been around for 5 years, and could be fundamentally different in any number of ways in 10 years. By the way humans had been using horses as a primary form of transportation for millennia, yet in a period of 50 years between 1900 and 1950 they virtually vanished form the transportation scene. Will Bitcoin do the same to gold? i would use gold because gold will always be more popiular than the bitcoin there are more people using gold than using bitcoins so i think bitcoins will not grow so big and thats why i keep it just with the gold. Gold is history mate, use bitcoins, bitcoin will surely overtake gold in future and the best example is present price rise in bitcoin which will take bitcoin to higher level in coming years. |
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719
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Other / Off-topic / Re: 2017 Year of the Bitcoin
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on: June 13, 2016, 07:42:46 AM
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I have heard that about every year since 2012. According to some bitcoin should be worth $10,000 by now.  Well being 10,000$ value of bitcoin is still far on the way. But I believe that it will happen soon, we just need to believe and wait for the right time for it to happen. 10,000$ is a bit high, I would consider it to be 4-7 thousand dollars. I think that is the year of the BTC plus halving will have a great effect. The coin reward will decrease half but it may trigger the price of bitcoins to surge in some ten times also to make the year of bitcoin. The value of Bitcoin is going to be higher now and that is perfect for people who already have Bitcoin because they just have to hold it now until they have huge profit. But it should be hard to know what is going to happen with Bitcoin itself but that is just the risk that you should take. Do not hold too long, if present price is allowing you to earn profits then you should sell it, as we don't know price will be higher or lower after the halving. |
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720
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Other / Off-topic / Re: Do you still believe in bitcoin
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on: June 13, 2016, 07:41:06 AM
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The main reason for buying should be the fact that it is a great technology and even its haters confirm it.
Here is the big deal here. Bitcoin even without its high price still the most convenient currency to use with in dealing on our money, whether to send and receive because it's technology really giving us a no hassle experience in terms of payment. But with the price increase, many takes this as an investment which also brings good output to this currency as we see it today. Yup. Many people here say Bitcoin is good and great because the price has gone up nicely in the last months. But as you also said, Bitcoin is great in many aspects regardless of the price. Some people need to realize that. Yeah I will continue to believe in bitcoin. if bitcoin still has a high value. because if the bitcoin prices are very low, meaning the trust people have been reduced to bitcoin. the price is most important to make a confidence in the bitcoin. if the high price of course everyone put their trust in bitcoin. I also think the same, the price of bitcoin is high only because it has demand, people have trust on it, and are converting their money to bitcoin in order to use it for their business and other purposes, and if people were not have trust on it then there would no existence of it. I agree with you whenever the demand of bitcoin is increased the value of bitcoin is increased , and in the last weeka big increase in the price of bitcoin is only because people are preparing for getting profit from the halving event and so they are buying. Price is going higher at a moment but even if in future price drops then we should still keep on believing in bitcoin as it has a great future ahead involving higher price. If we keep believe on bitcoin and stay in support with it and do not sell all the coins to get rid from it then I don't think that the price will go down. Price will only go down if we not using bitcoins anymore, I don't think the whales has something to do with the price increase. Is the demand of the majority that dictates the price, the price manipulation is already over. Only holding will not be the best option, bitcoin should be spent or sell at regular intervals, and I think this is the right time to sell and enjoy some profits out of it. |
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