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821  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: May 25, 2016, 12:25:23 PM
My plan to get rich with gambling is trading or hold btc for the long time. My prediction bitcoin will increase.
May be the next 5 years.

Agree with trading and holding part, but difficult to digest the fact that you can every get rich with gambling, its better you concentrate on trading and holding.
822  Bitcoin / Bitcoin Discussion / Re: Bitcoin: Does it have a POSITIVE IMPACT on your life? on: May 25, 2016, 12:23:13 PM
i don't sure if this bitcoin gives me a positive impact to my life, still not a lot of people in this region accept bitcoin.

Don't think about the people and place where you cannot spend at a moment, but is it helping you or not? Of course its helping you as you are earning extra income from it.
823  Bitcoin / Bitcoin Discussion / Re: Should Bitcoin even have a future? on: May 25, 2016, 12:21:06 PM
yes i think so. because the number of people joining the forum is increasing day by day. i personally know so many people who have invested in bitcoin. i also hear that in some countries there are proper shopping mall who accept bitcoin and do exchange in bitcoin currency. so i think bitcoin has a bright future.

Yeah bitcoin is in its growing stage now, and I don't see any threat to its future as it will get better and better as time passes and we will also see many new users joining the community.
824  Economy / Speculation / Re: BTC price for 2016 on: May 24, 2016, 07:50:50 PM
I voted for > $500 because I've missed the last $1000 bitcoin party!

 Cheesy  Cheesy  Cheesy

If you buy now and hold for a few years, the price will defiintely go above $1000 in the next few years.

Sure but we may see above 1000 this year to i have hope for this
I got in this when it was last time 1000 and now i wait for another

Simply not possible to achieve $1000 in this year maximum we can hope is for $600-$700 and that also if we see higher price at the time of halving.
825  Economy / Speculation / Re: $2k in january on: May 24, 2016, 07:48:38 PM
There is like ten of these threads every day. $XXX in Q1? $XXX in January? $XXXX next week?

Answer is no one knows. I personally don't believe in $2000 January, it would be to fast and too soon. $2000 I can see being reality during 2016 but January? Nope.

There is no way the price will be $2000 in January. $2000 might be a target for the end of year. $1000 could be after halving.
I also see no why how the price is going to $2000 in january the price is just way to high. We have not touched the thousands yet so let first hit $1000 before we go to $2000 or even higher.

$1k is still far away from the reach first lets touch $500 and then start dreaming of higher price its taking too long to even reach to $500 so $2k is impossible to achieve in jan.
826  Economy / Economics / Re: How too get rich on: May 24, 2016, 07:46:28 PM
If you really want to get rich in future then hold your coins for next 10 years and bitcoin will help you in getting rich for sure in future.


excellent I will buy more bitcoin then I will hold only 1 year and after when increase more price in bitcoin  then I will sell  bitcoin , i hope very soon some year after they will get rich  and you will do some thing in your future.

That's a good plan , holding for 1 year will surely make it profitable and it is better if you are going to hold so many bitcoins on your wallet.
That is somekind of short term investment, but it is very profitable. And when you get your earnings there, you can use the profit for
another investment that you can think.

Holding for 1 year would be good but you won't see that higher price in next 1 years, its better to hold for some more years and sell when price reaches to $10k.
I can not imagine if we hold bitcoin for 10 years. even withstand one year alone it had seemed very long. I guess it's not a good idea, perhaps investing significantly prolonged and investaqsi probably better, build a business and make a lot of business, giving him advertising system, that might ensure you rich in a very short time, but it requires quite a lot of capital.

I think 10 years would be so long for holding your bitcoin. Maybe 1-5 years would work for hold your btc and you can get some profit
on that period. And while waiting for it, you need to have other ways of income as well.

I was quite wonder why people always want to hold for so long. whether they have 1000 bitcoin? because if you have a great amount, it is feasible for you to hold for 5-10 year. to be rich you should be able to always make a profit and do not wait very uncertain.

Don't hold it too long, if bitcoin falls in future then you will be in huge loss, try to buy and sell on regular intervals and that will allow you to make some good profits.
827  Economy / Economics / Re: The future of the paper money on: May 24, 2016, 07:44:15 PM
I don't think paper money is going anywhere, and paper money and bitcoin are two different forms of currencies one is best to spend physically and the other is best to spend digitally.
828  Economy / Economics / Re: I'm not gonna sell any coin. on: May 24, 2016, 07:42:18 PM
Selling your bitcoins can also be good if you really need the money but if you do not need the money its not worth it in my opinion.
Holding now is better with the halving that is coming this year, the most people are saying that the halving is gonna be profitable and I trust in this.

Its just an speculation that price will be higher at the time of halving, to be honest none of us is sure whether price will increase or decrease at the time of halving.
829  Economy / Economics / Re: How to save money. on: May 24, 2016, 07:40:20 PM
Save part of your salary in bitcoin on regular basis, and I bet you don't need to save your money anywhere else as this saving will grow in future.
830  Economy / Economics / Re: Is gold better than Bitcoin? on: May 24, 2016, 07:38:05 PM
For me gold is always better in compare to bitcoin if we think of long run, as I am sure gold will survive for long term but doesn't have same feeling for bitcoin.
831  Other / Off-topic / Re: In 20 years, what would you like to do with your bitcoin? on: May 24, 2016, 07:35:45 PM
If I will have enough bitcoin to buy a home,I will buy it.
If not I will buy a car and invest in stocks market.

That is a good dream to have, but are you really gonna wait for next 20 years to buy a home and car, I think if bitcoin shows us best price in next couple of years then we can achieve it very early.
832  Other / Off-topic / Re: Bank or Bitcoin Wallet? on: May 24, 2016, 07:33:55 PM
Bitcoin Wallet in my opinion, because banks could do some fucked up stuff and you couldn't prove it. For instance: losing your bitcoins.

If your bank account gets hacked then bank will stand in support of you and help you in recovering your money but that same doesn't go with bitcoin wallet.
833  Bitcoin / Bitcoin Discussion / Re: paypal or bitcoin? on: May 24, 2016, 07:32:13 PM
I don't use PayPal's services anymore.I think if I remember well it has been more than 1 years when I made last transaction through PayPal.While I have used Bitcoin for many things like transfers in shape of remittance and online services.Bitcoin is better and innovative than PayPal,there is no comparison in these both.
I think paypal is very difficult to use, unlike the bitcoin convenient. I also got confused when using paypal, but paypal is very well used to buy clothes or accessories on the online store

Using paypal is not difficult but only require to be a little techy, nothing more, and yes it is well used for buying online stuff, but the problem with paypal is that it has a very bit fees for any transaction or any purchase which we can secure with bitcoin.

I don't think paypal is difficult to use it might be difficult at the inital stage but once you are used to it then its all fine only problem is that you need to follow lengthy procedure before starting to use its service.
834  Economy / Speculation / Re: Price Increase Incoming. on: May 21, 2016, 01:53:18 PM
Price is moving up in a positive direction now, so I hope and I really wish that the price will  be really high at the time of halving or may be at the end of the year.
835  Economy / Speculation / Re: Will bitcoin hit $600 this year or down to $200? on: May 21, 2016, 01:51:19 PM
Price haven't gone up for a few months, if it doesn't go up, it will go down. 200$ is unlikely but we may see 390$'s very soon. m-Eth is sucking bitcoin dry at the moment. Too many m-Eth hype there is. People got bored of Bitcoin because it didn't go up for months.

The price will go up to at least $600 by the end of the year. We have the halving in July and 2MB block size after July.

Exactly $600 seems to be realistic value to be achieved by the end of the year, and even if it reaches to that value then majority of us would be really satisfied.
836  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: May 21, 2016, 01:49:26 PM
I have more then 1 btc in my wallet and I am not touching it hoping that price will rise in future so its better to hold for next couple of months to enjoy higher profits.
837  Economy / Economics / Re: Bitcoin or gold? on: May 21, 2016, 01:47:11 PM
I am gonna choose gold now, but i am sure that i will change my mind after halving but if price will not increase high nothing will change.
before halving or after halving I would still choose bitcoin. because I love these commodities and currencies. If you already love him you would believe the bitcoin and its future
i believe bitcoin , i beleive bitcoin can survive for long time, but i can't put all money at bitcoin, i save my  money at some place, bitcoin , etherum, XVG, fiat etc.

of course we must believe bitcoin, but you can risking your life just for invest your money at bitcoin.

Invest in multiple products to earn good in future, as we don't know which product will perform better in future, if one fails the other will take care of our investments.

I agree with you guys, if you invest in multiple investments or products the higher chance of earning bigger but you need to consider that
if you can really manage multiple investments but if not you are just wasting your money and time.
But if you can then you are going to be have more positive outcome.

You need to research well before investing in any product, as I don't have faith in online investments at this stage but investing in gold and bitcoin can help us in long run.

Agreed there are many ponzi sites in existence who promises you to double your coins in short term and at the end of the day you come to know that you have been cheated, so beware of them.
838  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: May 21, 2016, 01:44:56 PM
Yes Bitcoin is like a long term investment and have proven to give very very good returns in long term and more profitable than gold.
In 2009 you could buy lots of Bitcoin for $1 and in 2013 price was above 1000$ for one Bitcoin only.
It is not like Bitcoin is a long term investment, people only see it that way. It is not garunteed that in the future the price is going to what most people are expecting it to be. I am just going to wait and see what will happen.

Don't wait too long as you never know what will happen in future, if you see higher price then you should sell some of them and make profits and buy again when price falls.

some people tend to wait too long before securing profits, that's their problem. easy solution to that is using stop loss orders. that way you will never miss out on your aimed profits. that's how i do it and it works perfectly fine for me.
I think even we dont know what will happen in the future some of my bitcoin stay at my wallet because i know it will be useful in the future.,.. we see that some store now are accepting bitcoin as payment just like brazil 150 stores right now are accepting bitcoin as payment.. and i think it will happen too in other countries..



Yeah we will be seeing many more stores in future and also many countries will welcome bitcoin in future and if you are earning it then you should spend it too.
I agree so we must be positive here and trust bitcoins as if it will succeed more in the future we will be benefited on it. I am keeping some but I will selling some of it when I see some profits on doing it.

That's the perfect way to treat your coins, if you see higher price then you should sell some of them and earn profits and rest hold for the future.

I am doing the same, if its giving me some profits then I don't hesitate in selling it as I believe in making small profits on regular basis and its perfectly working for me.
839  Economy / Economics / Re: Mining coins save or sell it? on: May 21, 2016, 01:42:18 PM
Why take the risk? Sell it all while you can profit. Are you sure about the price rise? I am not. I don't believe fairy tales, be realistic. Prices may go up, as they also may go down. Can you estimate why? If you can't, then it sure sounds like gamble to me, and gamblers always lose.
Gambling is not the right way to grow your coins as there is no guarantee that you will make profits from gambling, its better to save for next couple of months and sell when price goes higher.
840  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Dollar on: May 21, 2016, 01:39:28 PM
- snip -

Even bitcoin will be powerful in future but it can never take the place of dollar, and bitcoin will always be used as an secondary currency, the first choice would be only dollar.
I do not think so. I just think about the reciprocal of what you are saying. Bitcoin is going to be the primary mode of payment for all the people and dollars may sustain as a secondary currency in some part of the world.
You are right. When many people are using bitcoin there is no need of any secondary currency in my view also. So only very less amount of people who not aware of bitcoin will be then using still dollars at the time.
But time will make them into bitcoin adopters slowly.
But, if Bitcoin adopt too slowly, it will dissappear as no more new people who know Bitcoin and nobody else investing their dollars for Bitcoin mining. So the Bitcoin growth should be faster.

No doubt adoption is slower at this stage but it will improve in future as many more people will get aware about it but dollar will always hold more number of users.
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