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841
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Economy / Economics / Re: How too get rich
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on: May 13, 2016, 07:34:01 PM
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I think you should concentrate on doing what you do best instead of just how to get rich. Improve your skills, start to do it as a business and then money will follow.
You can't reach any goal without this goal. People improving themself only when facing some difficulties. Best way to get rich is hard work. Indeed by just improving it will maybe help you a bit but you will never get rich from it, its about hard working and also the fact that you need to invest on a smart way to get rich. If you invested holding the bitcoin these days is the best you can do. Only investing in bitcoin will not help, what will you do if price of bitcoin will fall in future, try to invest in multiple products, so even one fails you can recover it from the other. |
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842
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Other / Off-topic / Re: Do you actively spend your bitcoins?
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on: May 13, 2016, 07:30:56 PM
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I do spend them actively, although I spend them sometimes, I think spending is good but holding is better now.
The halving is incoming and because of that I consider holding is better.
Yeah holding is a better option at a moment as price will rise soon which will result in earning better profits at the time of halving so its good not to spend now. |
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843
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Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy
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on: May 13, 2016, 07:27:45 PM
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Yes, if price will drop so low one day, it will make a big panic , and it will be easy to earn money from it. But halving is coming now better to buy coins with any price honestly.
Yeah its better to keep engage ourselves in buying at a moment, and I don't think that bitcoin will fall that low in coming future, as price will be higher because of halving. |
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844
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Economy / Economics / Re: The future of the paper money
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on: May 13, 2016, 07:25:59 PM
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Hope paper money will not dissapear, cause many times i was on situatins when digital money can't help and only cahs can save. Bad idea to change everyting at once.
Exactly there are many places where only paper money can help us, like paying bills, paying to maid or servant, and for that bitcoin will not help. |
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846
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Other / Off-topic / Re: What is your plan to get rich with Bitcoin?
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on: May 13, 2016, 04:28:07 PM
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i have so many planings. i wish to hold as much bitcoin as i can, a just want to wait for its high rate. i also want to earn through bitcoin compain.
With another word you want to hold your bitcoin , and wait until the price increases highly. It what the most of people do. Usually they will sell their holded bitcoin after the halving happen. until now I also have very many plans about bitcoin. but I've never run one because so many tasks on my campus  i think nothing can be done with bitcoin except holding it or to join a signature compain, bitcoin many ways to grow, not only hold and join the signature campaign, one very good way in my opinion altcoins trading. you can have a rich plan with bitcoin of trade altcoins. Yeah trading altcoins seems to be good at a moment, and trading bitcoin is also an good option and if you don't want to take any risk then you should just buy it and hold it for future. trading bitcoin very well to take a long-term, because the price movements are not too far away. while trade altcoins excellent for making short-term profits. Trading is good but if you want to get rich with bitcoin then I think you should hold huge amount of coins, so if price goes higher in future then you can sell them and earn huge profits. |
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848
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Economy / Speculation / Re: Price Increase Incoming.
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on: May 12, 2016, 03:25:22 PM
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Price will rise in future for sure as price has started to move up now and we will see much higher price at the time of halving.
At the time of halving, or in early July, we will not see much higher price. The price could just around $600. big major change in price will happen several month after halving i dont expect to go over 600 like you mentioned i believe it will stabilize around 550 i believe all the action in the price will happen just before the block halving, and just after the block halving. after that the price will behave more or less the same as it does now. going up a few bucks, and going down a few bucks. Price will rise before the halving but not sure what will be the price after halving, may be it will drop, but at a moment we can expect good rise in the price of bitcoin. |
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849
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Other / Archival / Re: should i save btc for future?
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on: May 12, 2016, 03:21:33 PM
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Exactly, you should sell your coins on the spot when you see higher price, making small profits on regular basis can be more profitable in long run.
Remove greed so that you can earn profits. If you make some nice profits now, monitor the price closely so you can think if you will sold your coins now. After that you can start making some buy again since the price will surely dip and if it doesn't dip , we can buy again at the current price then start waiting for the price increase. Bitcoin allows us to make profits on regular interval it depends on you how you handle it and there is always an opportunity to make quick profits with bitcoin. |
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850
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Economy / Economics / Re: When do you buy Bitcoin ?
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on: May 12, 2016, 03:18:38 PM
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Exactly said, Price now is quite stable than the big fluctuations. This is the best time to buy and grab the best profit on the days after halving.
Please keep in mind that current price is not stable. It's just a correction. Price dips days ago how come you could say that price is stable. No accumulations will happen if the price is stable. Just give it a shot if you want to buy at the current price rate. Unless you don't see a major dump in the price it should be considered as a stable, and I think this is very good price to buy bitcoin as it will increase in coming months. If the price doesn't move well within 6 months I considered it as price stable. From January up to today the price moves well and experience roller coaster price "many times". That is not the stable price even you ask some opinions to those high traders.  I think price was stable for quiet long time and even current price is good to buy some bitcoin, as we will surely see higher price at the time of halving. |
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851
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Other / Off-topic / Re: Do you actively spend your bitcoins?
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on: May 12, 2016, 03:16:50 PM
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I have spend some Bitcoins in my life but I have learned not to spend them as much because they are worth allot of money. These coins can go up in value so it is not smart to do.
If you want to buy something online it is better to use creditcard or paypal.
That's true and honestly I feel that selling coins is better then spending it as you have an option to buy things with credit card or fiat currency, but if you sell at higher price then you can hold good volume of fiat. |
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852
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Economy / Economics / Re: Price drop under 280$ today? hold or sell ?
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on: May 12, 2016, 03:12:07 PM
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The price is not going to be that low again, we have passed that along time ago so unfortunately we are not going to be able to buy Bitcoins for such a low price any more.
This is making it harder to invest in Bitcoin every time the price is going up.
Yes and that price we will never see till the halving as price is rising now so we will see higher price in next couple of months, but getting back to $280 is not possible at a moment. |
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853
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Economy / Economics / Re: Bitcoin is Becoming a Global Currency
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on: May 12, 2016, 03:10:23 PM
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Bitcoin was a global currency 2-3 years ago when China was starting to adopt it. Russia adopted it a little earlier than that.
However, it does not have any sort of widespread usage except for niche markets.
At a moment bitcoin cannot be treated as an global currency, as majority of the people are not aware about the bitcoin but it can be a global currency in future. |
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854
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Other / Off-topic / Re: Earning a living with bitcoin?
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on: May 12, 2016, 03:06:56 PM
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Earning a living with Bitcoin is possible but that means that you will have to invest allot of money into it to earn much money back. So for the people who do not have much money to spend it is not possible at this moment.
Yeah it is definitely possible but as you sad at the moment only for people who have the money to invest in to it. If you cannot invest much money into it you cannot expect to get much money back. But I think it will be really risky if a person invest all his money in bitcoin and if the price falls in future he might loose all his money, its better to earn it as an additional income. |
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855
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Other / Off-topic / Re: How many people here don't really care about BTC?
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on: May 12, 2016, 03:01:58 PM
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I think that there are not much people that do not care about Bitcoin because otherwise they would not be here on this forum. But I am sure that there are still some people that only spread negative things about Bitcoin just to hate.
I agree completely, the most people are here to gain informatio and to share it so why would these people hate. But there still are some people that always are going to hate. Nobody knows why but that is just the way they are. Different people thinks differently, one those who will support bitcoin and the others that will continuously hate bitcoin, but it really won't make any difference to bitcoin as a whole. |
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856
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Other / Off-topic / Re: How to motivate women to use Bitcoin?
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on: May 12, 2016, 02:59:58 PM
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It is a hard job to motivate women using Bitcoin, women are just not into online currencies the whole idea behind it. They think that it is to boring and a waist of time.
The only way you can motivate them is by saying that you can earn allot of money because everyone loves money.
Money is one factor and the other factor is shopping this are the two things that attracts women a lot, so if this this gets in their mind then they will surely start using it. |
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857
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Other / Off-topic / Re: What is your plan to get rich with Bitcoin?
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on: May 12, 2016, 02:56:58 PM
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i have so many planings. i wish to hold as much bitcoin as i can, a just want to wait for its high rate. i also want to earn through bitcoin compain.
My plan is to just get rich by investing in the bitcoin and wait for the bitcoin till it goes to a high amount. Soon or later the bitcoin will go to a high amount so this will work for sure, no doubts about it. Yeah making investment in bitcoin at a moment will help in long run, as bitcoin price will be on top in future so right now we need to make efforts to collect as much as we can. |
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858
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Economy / Speculation / Re: $350 will be the bottom
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on: May 11, 2016, 01:30:52 PM
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i agree i doubt it will ever go below $350 ever again.
Only up from here on out.
Especially that we're just a couple of months away from halving where people are expecting the price to go up. Yeah we are little away from the days of halving. Now thinking or bitcoin going to $350 is unrealistic. It won't happen now or then. Only possibility is after the days of halving. During the past halving the price went very high and soon returned to a value lower than the price before the halving date. Bitcoin will not fall to $350 at a moment but may be in future if it falls then it will be maximum bottom but at this stage we don't have to worry as will not see this price at this stage. |
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859
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Economy / Speculation / Re: BUY and SELL IT!
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on: May 11, 2016, 01:28:23 PM
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I have bought at $450 and i will sell it a week or few days before the halvening. Because i think price will be too volatile during halvening.
Probably a good estimate, the price will -likely- go up, but it will be fairly insane to track the markets during the halving. People are going to be moving their money left and right, and this could allow for some opportunities where you can sell for a lot of money and then back away until everything settles down and everything gets back to normal and everyone settles in with the new value of Bitcoin, be it up or down in value. a good option to sell before halving, more precisely when approached halving. because possibility when it the price will increase because more people are buying bitcoin, but if after halving, I was worried there would be a big dump, because many people are waiting for the price increase. Yes I think selling before or at the time of halving would be more profitable, as it might fall back once the halving is done, so do not hold too long, sell when you sell high price. |
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860
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Economy / Economics / Re: When do you buy Bitcoin ?
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on: May 11, 2016, 01:26:28 PM
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I bought a few through localbitcoins. I never sold any. I just use it when the price is high. I hold most bitcoin.
Good job, that is the best to do now, hold and wait. But you have to monitor the news and price movements regularly so you can decide when to stop holding and sell it. keep wait for news of halving, because of the possibility of halving this year that will get people to sell bitcoin on a large scale, when prices are high, because we would not know for the next, more precisely in 2017 whether prices will increase or vice versa. It is only because of halving people are buying coins at this stage, as every one is sure that halving will show us some best price which we have been waiting for. I believe in that to mostly of people now buying bitcoins because they knew they can earn profit with it and some other speculates that they can earn with it, and its really good to buy now because bitcoins price still cheap and halving is not occuring and it is predicted that the price will soar to 700$ As predicted. $700 seems to be difficult to achieve but anything around $600 is quiet possible at halving, but again its just an prediction as no one knows what will be the exact price at halving. |
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