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1181  Other / Off-topic / Re: How to motivate women to use Bitcoin? on: March 19, 2016, 11:33:30 PM
no need to motivate women more than men.


That's some good arguments you have there.... Why not make an effort.

Anyway i believe most of the woman can be attracted into bitcoin by showing them the benefits of bitcoin more easily.
Just open more shops and give them some discount by using bitcoin. Then you will see how many of them will start using it.

They don't need discount if they are not earning money, they will simply go with credit cards for making purchases and not then they would prefer to use fiat.
1182  Bitcoin / Bitcoin Discussion / Re: What to do with your 13 bitcoins on: March 19, 2016, 11:28:59 PM
What is your favorite part of bitcoins. Sorry about writing about the 13 bitcoins, I was writing it for another person and by mistake it ended up here
Well the favorite part has to be that no government controls it and this does give a great freedom to it's user plus other factors like it's very minimal fee as opposed to other traditional monetary system is huge plus for me. Also I would advise to change the title of the thread so it won't mislead others.
My favorite part is that bitcoin has a potential to make me rich.I am acquiring as much bitcoin as I can and hoping it reach at least $10k so that i can cash out all my coins and become wealthy Cheesy

Its a dream of all of us that bitcoin should reach to $10k in future, but honestly speaking I don't think it can go that high, dreaming is good but should also believe in reality.
1183  Other / Off-topic / Re: Earning a living with bitcoin? on: March 19, 2016, 11:26:30 PM
anything is possible, so yes. bitcoin is a digital currency. We can earn it online, we can spend it online, even we can convert it to fiat money online. I am earning a living with bitcoin and I am from a country where bitcoin is still a mystery.

How do you earn a living? is it really sufficient?
No. How can it be? The price is not set, so the amount you make at any given time is not the same. So you can not rely on that.
One week you can be making $100 the next $80. Your bills not change, so you can not set a limit of how much you can make.

I guess it's far easier for people living in asian countries to make a good living with bitcoin. Since they can pay their rent with 1 bitcoin.
For the EU or US you can hardy buy all your groceries with bitcoin. If i would have the chance i would do it btw.
Hotels are 0.03 bitcoin a day in some asian coutries, you could live as a tourist there with 1 bitcoin. Its possible to live of bitcoin, it depends how much bitcoin you get, lifestyle and location.


Yeah I'm agree with your statement that living bitcoin in asian is easy and much enough earnings if Asian people who get one bitcoin during a month.  But to rent a hotel with 0.03 will get a standart room not not exclusive five star hotel. But in my opinion with that 0.03 BTC was get nice room and proper room to occupy for a while.

I am an Asian and what you are saying is completely false, it is not at all possible to live with the income of 1 btc, just check the inflation rate and you will get the exact idea.
1184  Bitcoin / Bitcoin Discussion / Re: If you had one chance... on: March 19, 2016, 11:23:17 PM
I would ask, "Have you ever been paid weekly to post your thoughts"

I am sure he would get panic and ask me what the hell are you talking about and who will pay me for sharing my thoughts. Grin

1185  Other / Off-topic / Re: what you like best in Bitcoin ? on: March 19, 2016, 11:16:20 PM
The best thing I like about bitcoin is that my money is multiplying and its not the same everyday, if value goes higher the value of money also goes higher.
1186  Economy / Economics / Re: I'm not gonna sell any coin. on: March 18, 2016, 11:09:21 AM
I like to incorporate this cryptocurrency to my daily life, that is why I love to do some transactions paying with bitcoin, but of course I also try to save more of this currency looking for an amazing increase in its current price.

Saving this crypto will really benefit people later this year, many people are speculating about the price will go up after the halving.
So im am saving as much as i can before the halving comes.
Maybe in the end of the year you can sell it. Because it is good that you now not selling because the value is not that high.
And we all hope that it will be also more worth later so we can sell it with some profit.
You don't need to wait until the end of the year/ for halving not occur at the end of the year. but in the middle probably between August prices will soar high. maybe we can sell in the month

Yes we would see much better price at the time of halving, so its better we hold till then and sell at the time of halving to earn more profits.

Indeed, we should just have some patience for the halving because the halving will let us make profit for sure.
Its just that people do not have the patience to wait and want to sell them to make a little bit of profit these days...

Price is rising slowly at a moment, so we can expect that the price would be better at the time of halving, so holding till halving can be more profitable.

Halving is expected to give assured profit. As said now price is rising slowly, but at the days before halving we can expect a price fall.

anything is possible when it comes to bitcoin and i don't think that price will fall before the halving it will continue to move up with a small pace.
1187  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: March 18, 2016, 11:06:14 AM

I would never quit my day job for a job to go full time bitcoin, its not a monthly salary you are guaranteed from.
The bitcoin can also lower a lot and than you will even lose a lot of money.
I can draw the conclusion that the problem is fluctuation. that prices can change at any time. it makes our income be up and down. uncertain
while the price of bitcoin is still fluctuating. probably still a few people who are interested to work full time in bitcoin

If you don't have any other thing to do then you can go full time in it, but If you have a good job then it is not recommended to quit you job and only depend on bitcoin as it can be risky if bitcoins don't do well in future.
therefore You must think and consideration when it wants to join working full time in bitcoin. seek advantages and drawbacks about work in bitcoin and work in real job. if you've calculated it all. it was the best answer. this time I'm just doing a part-time course Cheesy
Yes, the good option is to earn more money not to spend time in like/unlike currencies. If your offline job is letting you to earn low amount and bitcoin give you more earning then give time to bitcoin.

Yes bitcoin giving us an opportunity to earn more money and I think we should not miss this opportunity as in long run it will contribute to multiply our wealth.
1188  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: March 18, 2016, 11:03:41 AM
You should not sell them because the bitcoin will go to high amount of the end of this year, due to the halving.
If everything goes well the bitcoin will go to a much higher amount and everyone can make profit.

Yeah we are expecting higher price at the time of halving but it would be very disappointing to see if there is no price rise as nothing is guaranteed.

Don't worry mate we will see price in next couple of months as price is rising slowly at a moment and we can expect much better price on halving so its better to wait and not to sell at a moment.
1189  Economy / Economics / Re: How too get rich on: March 18, 2016, 11:00:42 AM
Getting rich is not easy, you have to be committed to your goals and try to achieve it with  firm determination with great level of honesty, integrity and sincerity.
1190  Economy / Economics / Re: Investing Bitcoins? on: March 18, 2016, 10:56:11 AM
It seems pretty good at a moment to invest some money into bitcoin as the price is stable and we can expect higher return on our investments in future.


Its really a good idea to invest in bitcoin right now,theres a lot of rumor that bitcoin price might go up when the halving comes.

Yes and lets hope that halving brings some positive news this time as i think price will reach $500 at the time of halving so investing at a moment can be profitable.
1191  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: March 18, 2016, 10:52:58 AM
You would need a lot of bitcoins to do this in my opinion, also that is the downside because you will need to invest a lot of money.
I think its also a question if the bitcoin still will exists in that year..


Surely that bitcoin will still exist 20 years from now and who know maybe bitcoin will be the no. 1 payment system in the world.
Bitcoin wont be going anywhere for the next following years.
You never know what the value will be and that is the problem. I hope of course that you will have some profit later.
But it is a currency and that is very hard to predict. You need for sure some a lot of Bitcoins. But it will be better if you see Bitcoin as a bonus and not as an earning.

Yes bitcoin is good as an extra income, and we cannot afford to depend only on it for living, its better that if we hold maximum number of coins for future as we cannot predict the future price.


I to will just be holding and accumulate bitcoin in any way i can and wait for 20 years (im 40 by that time).
Maybe the price of bitcoin by that time is more higher than the price right now.

Yeah that's the right thing to do, hold it as you never know what bitcoin will offer us in future, so trying to collect as many coins possible so that can enjoy the retirement life.
1192  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: March 18, 2016, 10:43:32 AM
I don't think the dollar will be replaced ever. Not by bitcoin or another currency.
It's way to important in the current financial system. At best bitcoin can compete to compete with the euro or yen.
Yes dollar is very powerful currency and I don't think any crypto can replace it even if the price of bitcoin reaches to the moon, dollar will always exist and be used widely.
I think that will happen of course later. You can see now that the value is rising very slowly and that is very good.
What you also can see is that Bitcoin is more acceptable now and also many used so that is great !

But that doesn't mean that people will use only bitcoin and not dollar, its really difficult to visualize that scenario that dollar will disappear and will be replaced by bitcoin.
1193  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: March 18, 2016, 10:40:40 AM
Do you really think that if price was not that important factor than we would be wasting our time here? Its only price that makes bitcoin unique from other currencies.
1194  Economy / Economics / Re: Sell Everything? on: March 18, 2016, 10:38:10 AM
They say buy on the rumor, sell on the news. So sell just before the halving. Waiting for the halving might be too late if people start dumping as it happens. Look at what happened to litecoin - there was a pump before the halving but when it actually happened, people had already dumped.

Never put all your eggs in one basket. If you do decide to sell before the halving, sell a percentage of your holdings - say 50%. That way, you can also benefit in case there is a price rise after the halving.
It will be better if you wait a little longer indeed. Because than you can make more money maybe later with Bitcoin.
We all think that it will rise in the future and that will be so good. And the halving is also coming.

Yes right decision is to hold now and sell it at the time of halving, it will be profitable to wait for next couple of months as it will multiply your profits in a higher way.
1195  Economy / Speculation / Re: The future of Bitcoin on: March 18, 2016, 10:35:12 AM
Its hard to say what the future will be of Bitcoin. Because you never know what will happen with the value. And that is the problem.
I hope that it will be more used later and that the value will rise for a long time so we can sell it with some huge profit.

The future of bitcoin is good and the price will be much higher in future as we will see more user adoption which will take bitcoin to much higher level.
1196  Economy / Economics / Re: Bitcoin or gold? on: March 18, 2016, 10:33:03 AM
Looking at the history of both I would choose to invest in gold as I don't want to experiment with my money and my investments, I will play safe and invest into gold.
1197  Economy / Economics / Re: Why have Bitcoin instead of cash? on: March 18, 2016, 10:31:05 AM
Bitcoin is safer than my cash which can easily be stolen as well as fraud cannot be comitted
That's not a great argument because Bitcoin can also be stolen, there is so much malware out there designed to steal your coins.

Its not that easy to steal your coins as we have safest digital wallets which are taking best care of our bitcoins and I don't think anyone can hack your wallet that easily.
1198  Economy / Economics / Re: Bitcoin or gold? on: March 14, 2016, 01:06:47 AM
I would keep larger amount of money in Gold but have some (not that much) in btc as well Smiley
If I had hmm 10k USD, I would buy 2BTC and for rest buy a gold for example Smiley
2 btc too little if you have 10k usd. BTC at least you have 5 or more is better. after all, your money would be left over 8k usd. all the choices you have. gold will not give you a lot of profit

gold will not give you huge profit but you can expect some profit out of it in future and that is sure, history speaks everything, but if you want to make quick money then bitcoin is the key to success.

Yeah gold is safer in compare to bitcoins but looking at the present growth of bitcoins, I would choose to inet my money in bitcoins as if the value is higher in future then it can give me best return on my investments.
1199  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: March 14, 2016, 01:04:20 AM
Well most people are with the same thinking holding till the halving,but when would be the right moment to sell the bitcoins,when the price hit 500 or wait the bitcoin halving moment to finish the correction into the value of bitcoin.If bitcoin hit 800 dollars at halving several will dump their coins into it.

But that would be a good price to sell if the value reaches there and it is recommended to sell you bitcoins and why you would hesitateif the price is giving you some good profits.

Yes i think if bitcoin price is good then you should keep on selling and start making money out of it as holdling too long can be unprofitable in long run if the price drops extremely so again you need to wait until it rise.
1200  Economy / Economics / Re: Is Bitcoins safe? on: March 14, 2016, 01:01:54 AM
Bitcoin is much safer compared to the physical money. The advancement in the technology has made it highly secure and valuable.

Yeah its safe until you take care of safety measures, you need to careful with you online wallet, and I don't see any safety issues with bitcoin wallets as bitcoins are very safe in it and not easy to get stolen or hacked.

Yes its very safe as its not easy to steal your bitcoins, in compare  fiat can be easily stolen whereas you need skills to steal or hack your bitcoins but I think bitcoin is the safest currency we have at a moment.

That's ture and I think its not that easy to steal bitcoins from digital wallet as onlie wallets are also very safe in compare to banks, and I think both bitcoin and bitcoin wallets are the safest.
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