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21  Economy / Speculation / Re: Shall we hold bitcoin for now ...wil price rise in future on: March 25, 2017, 08:36:18 PM
As per the current panic situtaion since I am a newbie to bitcoin and already holding loads of bitcoin , Shall i hold it for long .I mean any idea in how much time frame can the price go back to normalcy of 1200$

Have faith friend. Bitcoin always goes back up. That's how we make profits Wink volitility. It's always a good time to hold bitcoin.
It will just go up and up into the thousands. Even now is probably a good idea to buy as much as you can and in a few years it will be worth multiple times more.


Yes hold bitcoin. never take the wrong decision and dont lose your hope by seeing little changes with the btc. it is nothing but a roller coaster you will see lot of ups and downs. we are here from a long time and we know the circumstances we have seen with the btc, we have to expect the unexpected sometime. but wait for some time am hoping and for sure the price will again go high and you dont have to sell right now and believe me you will be glad if you dont sell now. 
22  Bitcoin / Bitcoin Discussion / Re: What can i do with Bitcoin? on: March 25, 2017, 08:26:02 PM
With bitcoin, you can do anything. It all depends on what your goals are.
You can simply hold it, or you can buy the goods using bitcoin. You can use bitcoin as an investment.

Okay, but for me, we should use bitcoin on the things that we do need, and worth to buy using bitcoin, I mean those stuffs that could only be bought by using bitcoin. As long as we could buy something or go to somewhere, travel around the world using fiat, then we don't have to use this bitcoins, because for me it is like we are throwing away our profits that we could have in the long run in saving bitcoin.


According to me bitcoin is not much different from the actual fiat currency. only one difference we have to convert the coin to use for daily purpose. but lot of countries including mine not accepting bitcoin or even they are aware about bitcoin on that we need to convert the money to fulfill our daily needs. if you are earning btc it is as good as earning money whatever you can do with the money you can do with the btc but with little modification.
we have to educate much people about btc.
23  Economy / Trading Discussion / Re: Best Investments on: March 24, 2017, 09:37:01 PM
best in what way? if you're talking about risky but profitable then holding cryptocurrencies that have strong support. if you want something with minimal risk but far less return you're better off going with mutual funds.

There is actually nothing called "best" investment. Every investment carries its won risk and if you cant handle it you should steer clear of it. Trading bitcoin/fiat and altcoin are profitable according to me. Mining used to profitable at one time and not so at this point.

People in this forum also earn by using their skills and knowledge to work for others - freelancing. You can also try joining signature campaigns which are very popular, but make sure not to spam the forum but rather make proper constructive posts.

For the time being, there is more unity in the altcoins such as Ethreum or the Monero, that is the people people are buying them.


Don't plan for today, you have to plan for the long run. I dont want to comment about altcoins but i want to tell more about btc to you is it is very secured than other investment options, here you can earn by doing investments, trading, selling and mining. according to me more than any other way of investment btc is good.
24  Economy / Marketplace / Re: question on money making guides on: March 24, 2017, 09:33:56 PM
All guides or whatever is the same. Nothing special. You just need to start somewhere. Just do something. If you want to. Start by claiming free faucet. The fast way to earn money.

The advice what i can give is simple. Three things you have to do make more money or to increase it.
1.Find a way to earn ( Example : BTC)
2.Save the BTC or money for future use.
3.Invest in something which will give the best profit to you. on my opinion you can invest in bitcoin, right now what am doing is saving my money in btc because am pretty sure the price will reach to the highest peak then i will sell the coin or again start to invest on some other stuffs.
 
25  Economy / Speculation / Re: Bitcoin dropping like a stone on: March 24, 2017, 09:30:24 PM
I sold all my BTC last week when the price is about 1150. The price is about $980 now. Is it the right time to buy back? It's hard to predict if the price has reached bottom yet.  Huh

Well its quite difficult to predict anything now but i am sure this is neither the bottom nor $1150 was the highest so you have to play really smart and if possible buy back bitcoin when the price drops because the reason we all are here researching and dealing with bitcoin is because we have faith in bitcoin that it will surely hit back with increased value so its better to buy back bitcoin so that we can earn more profit when the value increases.


The idea feels good but the best idea what i can tell is wait for atleast a week and then check how it goes if the price goes down more than this then plan to buy back the coin, if the price goes high then you will be in profit so that you can sell the bitcoin for much higher value. we all have faith in the btc because of the overall benefit which we get from it. hoping same thing will happen and btc to reach to its highest peak. 
26  Economy / Speculation / Re: Static btc price on: March 24, 2017, 09:27:22 PM
Never buy on tops, and never sell in dumps. Basic trading knowledge. When you do you will get rekt and you are out of the game for ever.


But i dont think so maximum people follow that. they buy when the price is high expecting the value will get much more but all of a sudden there is a hit. you have to buy/sell when the price gets much more constant. right now i dont think so price is stable it is varying daily yesterday it was somewhere 1050 and today it is 950 and not sure what will happen tomorrow.
27  Economy / Economics / Re: Why Bitcoin has power nowadays ? on: March 24, 2017, 09:23:52 PM
Bitcoin is made for the decentralization and altcoins are just made to make use of the conditions created by bitcoin in the economy.Not even a single altcoin could match bitcoin.Bitcoin's value is based upon the trust kept on it by its users and altcoins are just a pump and dump.Bitcoin is pseudo anonymous and some altcoins like monero,zcash claim that they have full anonymity.Bitcoin adoption is increasing and we cant even find an altcoin which is accepted for any stuff.

Yes, I also think that no alternative coin will be on par with bitcoin. Many people know about bitcoin and trust it. And altcoins are created every day. And die too every day

Bitcoin is trusted by majority of the people where as not altcoin. the reason why it has much power is because of its popularity among the users, more secure, if we just see the 2 years of performance of the btc we will get to know how much value it has given in our life. the price is most of the time high, even if it falls again the value is getting increased. one more reason is by holding the money we get reward i mean if you dont believe just check the value of the btc last year and today's date. 
28  Economy / Economics / Re: Bitcoin price is recovering! on: March 24, 2017, 09:20:56 PM
Bitcoin price is recovering every day ! I knew the price will comes back as what it used to be or near it. Pretty sure it will reach the 1200$ mark again. I am currently waiting this so i can sell my bitcoin for shopping  Grin I saw a dress i would like to get for the spring  Tongue
Although as tempting as it seems to go and sell your bitcoin as soon as the price start going up again, but the wise thing is to just wait, it is predicted that the price is going to spike and go even over $1200 probably to $1500 and then you could consider selling, spring is still at the begging why the rush.

But that is juat prediction, we can't really think that is a right thing too but still you can sell it for now and buy it lower than before and if it is true the price going to spike you can just rebuy it and sell it with higher price. I think it will be better thst way. Unless you are going to take some risk and trying to hold till that time
although the price will likely go back to 1200 but it is not always going up and there will definitely be down a bit and to maximize profits is the best way to rebuy and selling at a high price In this way also to minimize the risk, anything could happen and bitcoin now touched in $1017


The price is not going up. it is fluctuating much. yesterday's and today's if you just match you will get to know the price is very much unstable now.
it  is difficult make any choices whether to buy/sell. but my thinking right now is the price will not fall more than this. so it will be best time to buy the coins however might go high.
29  Bitcoin / Bitcoin Discussion / Re: In what situation would Bitcoin die? on: March 24, 2017, 09:11:40 PM
Bitcoin would stop if it is banned, or if there is not more internet. and better still if rapture happens.Lol
of course bitcoin will die when the Internet disappeared. because the only way to access the bitcoin is with the internet. but bitcoin will not die even if the whole world ban bitcoin

bitcoin will not die. people some or other way will find out the way to use it. As far are technology is growing more and more people are joining in the btc which is making its people much greater. so there is no chance that it will die. it has become a best way of investment where we can store our money to use it later which much profit.
30  Economy / Speculation / Re: why i'm not selling my coins on: March 23, 2017, 08:31:20 PM
iam not selling coin, because iam lost
i am hold until coin can incraese again until iam profit can selling
if still down price iam use margin short, iam trading in bitfinex,kraken, and poloniex in there support margin trading


If you ask me i can say that one logic what majority of them follows, we expect always a very good benefit from what we have invested for. the way btc is growing by just analyzing the past 2 years of experience we can see how much it has given the real value. so majority of the people think like how am thinking to not sell the coin now, maybe after 3-5 months or more than that will sell the coin to see huge profit. 
31  Bitcoin / Bitcoin Discussion / Re: How to explain bitcoin to teenagers or children on: March 23, 2017, 08:20:48 PM
LOL

perhaps they will it explain to us?

Just ask them to install a wallet and pay their pocket money that way; soon they will be creating their own smart contracts on ETH for doing chores etc.  Grin Grin Grin

Exactly, that is how young generation grew up with modern technology, they can explore it after you make some bit explanation to them, you dont mind after a montg they got more coins than yours.

Yes the younger generation is very smart. they will learn about btc and how to utilize it very fast. but the problem is they are distracted by lot of online contents which make them lose there focus on making money. so the best way to teach them is we have to choose the people who are more enthusiastic on working and earning money online. we have to explain them how it works may be a presentation or online tutorial will not be bad idea to achieve this task.
32  Economy / Speculation / Re: Sell or wait? on: March 19, 2017, 01:28:29 PM
I'm currently selling it and investing in ETH now. Btc will go down more but for short time.


Well it is just for few days again you will see the price going much higher than what it is. so don't lose hope just keep patience for some days for sure the price will pitch up again, day by day more people are joining btc and it is becoming more popular and without any doubt we can say the benefit from the btc will be much better. Am not going to sell the btc at any cost now. even if i plan to then i will sell after 2 months.
33  Economy / Economics / Re: panic selling on: March 19, 2017, 01:23:12 PM
Yes, its really panic selling what we are seeing right now. But I'm holding mine and won't sell because I still believe we can rebound from all of this dumping. Its disappointing to see, but I guess FUD won that's why it cause so much uncontrollable behavior from some people. I know that I'm lossing more by the day, but I still believe that this sudden dumping will stop in a few days. People need to really digest the information and not sell, so that the price could be restore to some degree of normalcy to the bitcoin ecoystem.


Yes, selling is not a good idea, ups and downs happen in business, what has to be done is to keep calm at this situation and wait for 2-3 months for sure the price will go high again as it had done sometime back. just we don't have to panic on this situation instead try to start buying because price is going down. just go through the chart of 2 years you will get to know how well bit coin has done good in market so similar thing will keep happening. Don't ever sell right now.
34  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: March 19, 2017, 10:42:09 AM
Yes and no
Yes because if you have made an investment in Bitcoin you do want to make profit from it.
No because if you use the bitcoin for things like gambling the price doesn't really matter.
The price of it still matter if you use bitcoin for things like gambling and shopping because the price of any thing depend on its value not bounded with the fix amount of bitcoin so it the price of bitcoin will increase then we will have to pay lower to get that thing.
yes i also agree that the price of bitcoin matter. as when the price of bitcoin is increasing more and more people are entering in the world of bitcoin and their trust on bitcoin is continuously building which attract more and more people in to the world of bitcoin.

The price of Bitcoin is important for traders and investors. They constantly monitor the changes in order to analyze and make decisions

If the price is very low, people will not be interested in it and it will die like many other altcoins.

Price of bitcoin matters to the people who trade often, for the person who just want to earn and fulfill his needs it doesn't matter to them much. because we know if the price goes down again it will raise back. for the people who regularly trade it matters to them more. 
35  Bitcoin / Bitcoin Discussion / Re: What do you think are the biggest disadvantages of Bitcoin? on: March 19, 2017, 10:33:21 AM
The biggest disadvantages from bitcoin in my opinion is still vulnerable hack and bitcoin is always used for the negative activities. That is seems to me that the weakness of bitcoin makes someone difficult to believe with bitcoin.
That is one of the things that could prevent bitcoin to be accepted as payment. In addition, many scam it will affect my opinion. If bitcoin can be overcome, I believe bitcoin will be accepted as payment.
When you deql with bitcoin you just have to know that there are risks anyway.

As per my understanding, whatever is there in this life there will be advantages and disadvantages of everything, likewise bitcoin also has disadvantages like price fluctuation, not common among the public because people don't trust so easily as people think it is a scam which is not the case because it is decentralized and the value can change at anytime so most the people don't trust for that reason.
36  Bitcoin / Bitcoin Discussion / Re: Bitcoin Bank??? on: March 19, 2017, 10:24:51 AM
At the moment, I don’t know of a single bitcoin bank that promotes itself as one, however since bitcoin help us to be our own banks then any service that offers wallets to store your bitcoin are in a way a bank with the difference they are not offering interest rates for having your money stored with them.


Bitcoin bank is not possible. reason is simple it is decentralized one, we all know that price changes very often and maximum times the price goes high in this case the bank has to give the best value to its user which is very difficult to manage. just hold your money in btc wallet which will in turn give you interest much better than bank.
37  Economy / Economics / Re: The future of the paper money on: March 17, 2017, 03:15:40 PM
Paper money will stay forever.
Why? Because its easier to make than coins.

I'm so sorry but you are definitely wrong, paper money will disappear in the near future because I read a book telling that time will come paper money will no longer be useful.And I believe that book is telling the truth..😃

With all due respect to your statement you might be right from your point of view and your book's but paper money will stay but it depends on the economy of the particular country which decides on currency and as of now most of the countries are moving towards cashless economy so i am sure the usage of paper currency will be dropped by a significant level and the gap will be filled by digital currency like bitcoin but still paper currency will exist for sure.
38  Bitcoin / Bitcoin Discussion / Re: Bitcoin has no competition on: March 17, 2017, 02:55:33 PM
I'm not sure if other digital currencies will deliver meaningful competition to bitcoin. It could happen, but the network effect and momentum that bitcoin already has would be hard to overcome.

There will be competitions for sure that's what will define the value of bitcoin and if you would have noticed already the value of alt coins like ETH and DASH has increased in last 24 hours because there is a drop in the value of bitcoin in last 24 hours so again once there is more transaction of bitcoin the value will be pumped up and there will be many competitions to bitcoin but its's not easy to achieve the mark which bitcoin has achieved now.
39  Economy / Speculation / Re: It going to hurt..! drop back under 1000$ on: March 17, 2017, 01:59:40 PM
It looks like Bitcoin could be headed back to under $1000. Good time to buy if it drops that low. However, we don't really know where the bottom is, maybe $900.

Based on the market trend from last 3 years i think the bottom mark will be $1000 and it will not drop any further $1000 is the new lowest mark for bitcoin so there is no way of bitcoin's value going below $1000. I hope some of the inexperienced bitcoin users don't spread panic by continuously posting about the drop in the value of bitcoin because this is what exactly happened in the beginning of 2016 when most of us sold our bitcoin due to the hype which was created by some users when there was a drop in the value of bitcoin and after which the value was increased by almost 3 times.
40  Economy / Speculation / Re: Sell or wait? on: March 17, 2017, 01:46:18 PM
The price of bitcoin just dropped in the last 15 hours and i think it's better to wait for now, because i'm sure the price of bitcoin will increase again soon. If you look at the chart, it's become greed again for this hour. Just wait a bit and the price will back to $1,200++.

Yes absolutely correct as the price has dropped in last 24 hours i am sure that more newbie will be selling their bitcoin in hurry as a result there will be more transactions of bitcoin which will in return increase the value of bitcoin i am sure in couple of weeks the value of bitcoin will jump to $1300 so it's better to wait for a pump in the value of bitcoin rather than ending up selling now and regretting later.
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