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741
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Economy / Economics / Re: Sell Everything?
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on: May 28, 2016, 07:31:43 PM
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I'm not sure if I will get to the point where I'd sell everything. I might sell about half of what I have when the price has reached my target. I feel that I have to keep some for the short, medium, and long term hold. Doing this would hopefully yield me more in the long run.
I honestly think its better to sell your bitcoin not right now because the bitcoin has a good future a head. Selling right now is just not good in my eyes, with the halving in my head. If you want to earn best rewards in return then you should not sell now, bitcoin has shown us best price today and its a positive signal that price will be higher at halving. Well we already see the sign that the price hit $500 for me thats enough and i think the price will increase more before halving or after block halving.. Price will continue to rise for next couple of months till we reach to the halving stage, and we may see all time best price at halving and at the end of the year. |
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742
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Economy / Economics / Re: Bitcoin or gold?
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on: May 28, 2016, 07:29:32 PM
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The bitcoin is pretty good and I also think better for me because with gold it sometimes can take a lot of time to gain profit.
With the bitcoin you can make more profit on a short term than the gold.
The younger generation will prefer to invest in bitcoin as they have courage to take risk and they believes in innovation and creativity but older generation will always stick to gold. |
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743
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Bitcoin / Bitcoin Discussion / Re: Anyone have plan to make income on bitcoins :)
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on: May 28, 2016, 07:25:54 PM
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plenty of ways actually, you can take your real life job income and straight up just convert it into the bitcoin currency. you can start trading with bitcoin, buying low/selling high. you can sell your skills online and do work for btc.
There are many freelancer sites available now that pays you in bitcoin for your services and in future we will find more sites like this which will help us in multiplying our coins. |
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744
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Other / Off-topic / Re: If i give you 10 BTC what will you do?
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on: May 28, 2016, 07:23:03 PM
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I will use for trading n lend it in btcjam or poloniex  Yeah i think only trading can give you a good profit with your bitcoin.. and already tried trading its low irks and high profit.. If you are good in trading then that is the key to success, as price fluctuations will always help you in earning some profits at regular intervals. |
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745
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Other / Off-topic / Re: How kids can "earn" Bitcoin ?
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on: May 28, 2016, 07:21:17 PM
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I think its very hard to teach them to earn bitcoin.. honestly kids needs only toys so we cannot ask kids to join and making a profit bitcoin..
At this small age they will never think of earning money they will be busy in their honest mischief's with their friends so its difficult to imagine that will start earning. |
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746
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Other / Archival / Re: Do you use bitcoin as currency or investment?
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on: May 28, 2016, 07:15:48 PM
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In terms of currency sometimes but as investment i use it especially investing in some sites that can make my investment grow and wait for a long time but very profitable.. For me investing in bitcoins is the best way than using it as currency.
Bitcoin is good in both the ways, its good as currency and best as an investment, as we are seeing continuous growth in price of bitcoin and it will give us best returns in future. You can say that without any doubts, the most people are using it for both and its good to sometimes spend and invest in the bitcoin if you ask me. Bitcoin can be the best investment for future for sure, and if you have patience to hold it for a long time then you can expect huge returns from it. |
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747
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Economy / Speculation / Re: It is Buy time!
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on: May 27, 2016, 02:43:44 PM
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once again the buy time is half over because the chance to buy presented itself with the little dip and now the price is back up again.
which means losing 30-40 per bitcoin for buying right now but it is still a good chance to buy before the real rise starts.
May be I will wait for next few days, I think price will drop again and that would be good time to buy, as today's price is higher for me to make any purchase. |
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748
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Economy / Speculation / Re: I'm dumping my bitcoins so you should
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on: May 27, 2016, 02:41:52 PM
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Dumping bitcoin in before halving is the stupidest think one can do. I guess OP didn't calculated this when he made his post.
I will patiently wait and dump coins after the halving or won't do it at all if there will be a potential for price to go even higher.
Yeah and no one will prefer to dump their coins at this point of time, as now we are very close to halving so selling at that time will be more profitable. |
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749
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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: May 27, 2016, 02:39:58 PM
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If you go full time on Bitcoin than you life will be too risky and that is because you never know what will happen with the Bitcoin and that is the problem of the currency.
It will be much better if you have just a daily job and see Bitcoin as a bonus or something.
Bitcoin is always good as an extra income, and if you save it for future then even small amount can be valuable as price will be on top in future. |
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750
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Economy / Economics / Re: If bitcoin price is $10.000, will fiat be worthless?
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on: May 27, 2016, 02:38:13 PM
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The chance is really low that it can reach that high value and you have to look at the value now and you see that it was stable for a long time so it needs a longer time to get a higher value.
So if that will happen than it will happen after some 10 years I think and not everyone have the patience for it.
10k usd is not a small amount and nor it can be achieved so easily, bitcoin surely has that potential to achieve it but no one knows when that time will come. |
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751
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Economy / Economics / Re: USD vs BTC
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on: May 27, 2016, 02:36:15 PM
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Well, bitcoin is very good, and it is producing USD for me. I also prefer bitcoin if I had a choice between bitcoin or USD. I've obviously would prefer bitcoin as I can make it grow
But we cannot depend only on bitcoin at this stage, as still its not that popular and it can be used at very few places, but dollar is worldwide currency. |
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752
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Economy / Economics / Re: The future of the paper money
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on: May 27, 2016, 02:34:16 PM
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Paper money will have not that bad future and that is because there are still a lot of people that is using paper money as their payment method and that is really nice of course.
There are also a lot of people that dont even know how Bitcoin works and that is the problem of it so it has to be more popular.
At this stage paper money is more popular in compare to bitcoin, the fact is its easy to use and can be spent anywhere and it gives people feeling of easiness to use. |
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753
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Bitcoin / Bitcoin Discussion / Re: [POLL] Do you prefer your money to be in cash or bitcoins?
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on: May 27, 2016, 02:31:31 PM
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i love having my money in bitcoin, it is a convenient way of keeping my money safe while it earns a passive profit for me over time while the price of bitcoin goes higher and higher.
Bitcoin is good as an investment, but when it comes to spending or purchasing, then cash it the best as it can be used anywhere and same is not the case with bitcoin yet. |
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754
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Other / Off-topic / Re: Are you buying bitcoins? Why?
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on: May 27, 2016, 02:23:43 PM
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for my business, for trading and for buying other stuffs online that accepts bitcoin, because bitcoin is faster transactions than paypal
yes I am also buying bitcoin because I want to become a rich man. it is expeted that the rate of bitcoin will raised to a high level. so want to hold more and more bitcoin. I think everyone will like to do so, Don't just hold it, if possible try to grow them or multiply them till you reach to the halving stage, if you have more coins you can earn higher profits. Well if you want to buy bitcoins today, it is still suggested to buy today because it is still not that high. And just wait for the upcoming halving and sure of great profit you will get if you are holding a lot of coins. Agreed, we need to buy even with the current price, as we are seeing growth in its price so we can expect very good price when we reach to the halving stage. |
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755
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Other / Off-topic / Re: what you like best in Bitcoin ?
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on: May 27, 2016, 02:22:02 PM
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Bitcoin gives me easy to get the money. And the transaction is very easy and does not require a lot of expense.
Bitcoin is the best payment method these days for sure, and its very cheap and very fast too, and the best thing you can transfer money at any point of time. |
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757
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Economy / Speculation / Re: BITCOIN - Time to buy? Time to sell?
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on: May 26, 2016, 03:00:23 PM
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i would at least wait until the halfing and not sell before
I think that is the right thing to do, as selling now is not profitable as price seems to be low now, for me this is the best time to buy some bitcoins. |
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758
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Economy / Economics / Re: Sell Everything?
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on: May 26, 2016, 02:57:05 PM
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Selling everything is only a smart thing to do when you are going to quit with Bitcoin because the value can always go up again.
If you sell everything now and tomorrow the price goes up, you just missed out on more money.
Never sell all your coins even if you see the higher price as we never know what will be the price of bitcoin in future so sell partially and rest hold for the future. |
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759
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Economy / Economics / Re: The future of the paper money
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on: May 26, 2016, 02:50:21 PM
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governments simply aren't interested in incorporating bitcoin. they can't deal with the fact that it is something they can't control. paper money will stay at least for another 10-20 years.
Paper money is going to stay for another couple of years because it is going to be a whole process to make everything digital. I think that it is going to be different per country because not every country can afford it. Paper money will always survive and it will always be used by majority of people and bitcoin can never take over paper money in future too. |
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760
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Economy / Speculation / Re: bitcoin continuous rising?
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on: May 26, 2016, 02:43:34 PM
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yes bitcoin will continue to rise, expecting it to each 600-800$ after halving, worse case scenario after halving and some miners quit mining then price of the bitcoin will continue to rise ,
Halving will surely show us good price of bitcoin and I am sure that bitcoin has a great future ahead and it will continue to rise in coming years. |
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