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1  Economy / Economics / Re: When do you buy Bitcoin ? on: March 09, 2016, 03:36:03 PM
The best moment to buy Bitcoin is that you must buy it for a low price. That is the best option that you have.
If you buy it for a low price, than you can sell it with a higher value and than you have a bigger chance to get some more money.

Can you please tell me which is best low to buy? or best high to sell? No one have answer of this as we cannot judge which is the best price to buy and which is the best price to sell.
2  Economy / Economics / Re: Why do people keep saying BTC is dead?! on: March 09, 2016, 03:33:54 PM
Its soo dead that all days a new project start to run only with bitcoins,besides those outside people say that because they maybe see the price once a week and well the price is something near the stable on 400 dollars soo bitcoin being worth 400 dollars its bad,they say that because it were worthing already 1000 dollars above.
outsider. which has seen bitcoin is worth more than $ 1,000 in a few years earlier and saw the price of bitcoin now. might say that bitcoin will die. because they only see 2 times. not all the time. so the only people who do not understand about bitcoin who says it


Yeah, I think they lack knowledge related to bitcoins, and others are just busy in spreading negative related to it so that they can manipulate the price of bitcoins so that they can buy at lower price.

3  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: March 09, 2016, 03:25:44 PM
I believe so that this is gonna be a long term investment to buy 1BTC today. As bitcoin value increases its rate this will definitely provide a good amount of negotiation or investment. I would also do this and thinking not just to have 1 BTC but more to hold on to it until its value increases..

Yeah, but it is recommended not to hold too long, if you are getting good profits then you should sell it and again wait for the price to fall so that you can rebuy it as we know that price keeps on moving up and down so don't think too long, believe in making profits in short term.

That's true and if the bitcoins doesn't do good in future then holding will not be profitable, as you will get panic and sell at the low price, but I think its good to hold 1 btc for future.
Yes but you need to be fast. I hope later that more people will have some profit later in the future.
But you need to have patience and that is very important. Otherwise you will sell it too early and you will have not that much money.


people don't have patience anymore as they are looking for quick profits only. as soon as they see they made 10% profit, they can't wait to secure their profits. after they have secured their profits they will most likely end up buying their coins back at a premium as they see the price go up. that's how you burn through your profits easily.

People lacks patience and big whales are taking advantage of it by buying at lower price and selling it high, and if you are treating bitcoin as a investment then you should wait for certain period of time to expect good returns from it.
4  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: March 09, 2016, 03:23:19 PM
You will need a lot of Bitcoins I think. The value will always so that is the problem. Sometimes you are poor and sometimes you are rich.
And that is not good. Then your life will depend on a currency and that is not good.
yeah thats why we need a lot of bitcoin. so we will not be poor when we retire. collect bitcoin as much as you can. It is better

That's true and we cannot have a exact figure in our mind that what amount bitcoin will take care of us in future, as the price keeps on moving up and down, its good if we have more bitcoins.
5  Economy / Economics / Re: Sell Everything? on: March 09, 2016, 03:22:03 PM
Its really a bad idea to sell everything,bitcoin price tends to go up and you will lose profit if you sell everything.
but what about the urgency that we have to sell all our bitcoin that we already have. I think it's not a problem. if you have a regular job to earn stably bitcoin. is it true right ?

Yeah, if you need money then you can sell it unless waiting for future, as you cannot be sure whether if you hold it and it will give you good profits in future, as even the price might drop in future.
6  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: March 09, 2016, 03:20:17 PM
You should just not sell your bitcoins because the price will go to a much higher point soon or later.
I even think there is a chance by just using the bitcoin as a investment and in a long term you can get really rich.
"soon or later" ?
many people say that to continue to hold your bitcoin. they say that prices will soon rise. Did you guys can give certainty time when prices will increase?

No one can guarantee you when the price will rise, its just a speculation moving around us, some feel that it will increase at the time of halving, but nothing is guaranteed.
7  Economy / Economics / Re: Mining coins save or sell it? on: March 09, 2016, 03:18:33 PM
Its much better to save it. There are no reason to sell it, and you must also look at the value. You can see that the value is not that high.
So you wont get that much money from it. We all hope later that it will rise and that we can sell it with profit.

yes, save now and earn good profits later, best strategy to follow at a moment, looking at the current price it is recommended not to sell your coins and just hold it for few months.
8  Economy / Speculation / Re: The future of Bitcoin on: March 09, 2016, 03:17:05 PM
Just make some nice ideas and ways to earn bitcoins.

Don't just wait for the high price. By waiting for the positive future in bitcoin, also make some self plan and goals while you are in bitcoin world.

Very rightly said mate, you need to make constant efforts to grow your bitcoins, and we know that future of bitcoin is good, so if you have more coins, more profits you earn in future.
9  Economy / Economics / Re: The future of the paper money on: March 09, 2016, 03:15:55 PM
The future of paper money is not so good but for the bitcoin it is good, paper money will be destroyed in the future, because everything is gonna be digital by some day.
I think its just a matter of time before it will disappear forever.

It will never disappear dude, just think of the poor people who are not aware about the digital world, can you expect that they will use bitcoins and not paper money? They will use what is easy for them.
10  Economy / Economics / Re: I'm not gonna sell any coin. on: March 09, 2016, 03:13:42 PM
Selling right now is not good due to the point the bitcoin will go to a much higher price in the future.
I think its just a matter of time before this will happen, also the halving will help the bitcoin to accomplish this.

yes, i think don't sell your coins now, just hold it for future and sell at the time of halving, and if you have any emergency at a moment then just sell a small part of it.
11  Other / Off-topic / Re: 2016, The Year of Bitcoin? on: March 08, 2016, 09:58:50 PM
Well it depend on china.
Regards the block halving I don't sexpect anything. But if China's people decide to safeguard their money buy buying bitcoins. It could give bitcoin an enormous boost.

Yeah, and also depends on the price at the time of halving, if price climbs up it will add more users to the community, but if price drops then many of them would prefer to leave bitcoins.
12  Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase? on: March 08, 2016, 09:56:31 PM
Yes for now im still holding it and wait for the halving to be ended. i hope the price should be rise above 700 after halving...
Bitcoin has a potencial to increase more after halving so that still now i am collecting more bitcoins and i hope i  can make 2 bitcoins before halving ends..

Yeah you must always have certain target  in your mind so that you will actively make efforts to achieve it, we all are trying to collect as many coins possible so that we can be benefited at the time of halving by selling it at much higher prices.

I think yes holding is the best option available right now, as if you sell at a moment, then you cannot get higher profits as the price is low and you can expect much better price at the time of halving.
13  Other / Off-topic / Re: what you like best in Bitcoin ? on: March 08, 2016, 09:54:24 PM
The best thing I like about bitcoin is that I can play gambling with it even in the small amounts, I am not addicted to it, but gambling with small portion of bitcoins is always fun.
14  Bitcoin / Bitcoin Discussion / Re: What do you do with your idle coins? on: March 08, 2016, 09:53:01 PM
I have a feeling that price would be better at the time of halving so not doing anything with my coins just holding it for next couple of months, even if the price drops I can afford to wait for a longer period of time.

Yeah smart move, as holding at a moment can be better for future, if the price goes higher at the time of halving you can sell it by then and earn some good money in the form of profits.
15  Other / Off-topic / Re: In 20 years, what would you like to do with your bitcoin? on: March 08, 2016, 09:51:19 PM
Still I would come out with the same idea and that is to invest them and earn more then I would spend them by having tours in any other country which I really dream of in my entire life and live a very fruitful life, not worrying any difficulties in life..Living life to the fullest..

Yeah you can invest your bitcoins and earn a descent profits in future, as the price is expected to be high in future, so if we have good amount of bitcoins at a moment, it can take best care of us after 20 years.
16  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin trusted to put your real money on: March 08, 2016, 09:48:16 PM
Yes, its for sure you can trust the bitcoin even more than other currency's on this moment in my opinion.
The bitcoin is already trusted by a lot of people so yeah its trusted for sure.

Yeah the users of bitcoin are growing rapidly and the reason is that people have started to believe the fact that bitcoin will be more powerful and more precious in future.
17  Bitcoin / Bitcoin Discussion / Re: What do people around you think about Bitcoin ? on: March 08, 2016, 09:46:34 PM
Others are thinking that bitcoin is nothing just a waste of money or should they say an ordinary online job. Most them really do not know what bitcoin is and no awareness what I am actually doing. But as for me there is only one thing I can say to them, You missed half of your life because of that..

A lot of people that I know do not even know what the bitcoin is if I'm honest, some of them know it but think its bad because of the media.
I only have a couple of friends that are using it and like it because its very secured and fast.

That's good to hear that some of your friends are already using bitcoins, but when I recommend my friends to use bitcoins, they just start laughing and keep me on saying that you are wasting your money.
18  Other / Off-topic / Re: du you spend coins on real life. on: March 08, 2016, 09:44:56 PM
No I never did this because there are not many stores in my local area that even use the bitcoin as a payment method.
The most people in my area do not even know what the bitcoin itself is.

I also have the same problem there are no shops around here that accepts the bitcoin as a real pay method.
I really hate because it would be really easy and nice to pay with it, I also use E-coin and that is working out for me.

Many of us are facing the same problem that  we are holding bitcoins, but we don't find any shop that accepts bitcoin as a mode of payment, and I think it will take a long time to happen in my country.
19  Bitcoin / Bitcoin Discussion / Re: paypal or bitcoin? on: March 08, 2016, 09:43:02 PM
it was clear I would choose bitcoin. Because I think bitcoin is very easy to use

That is quite obvious that anyone would pick bitcoin if they are given those 2 options (ofcourse if then know about bitcoin then) because of easy use plus paypal has restrictions for some countries and bitcoin has no restrictions like that so it is surely a better choice.

Indeed, the bitcoin can be transferred internationally to everyone that is one of the things the bitcoin has, and its very sweet also..
Also paypal is crap because you will get fucked because of their dispute system, also the charge backs take ages if I'm honest.

That's true I have experienced the same with Paypal, and believe me the day I have started to use bitcoins, I just deleted my account from Paypal, and now I am using only bitcoins.
20  Economy / Economics / Re: The future of the paper money on: March 06, 2016, 10:02:25 PM
Yeah, I don't see any threat to paper money from bitcoins, as the users of paper money are in huge proportion, comparatively very few people are using bitcoins at present.

You are definitely not seeing this from the bigger picture. Digital currency is basically a threat to the old conventional paper money, as the world is heading toward the cashless society then paper money will surely feels its effect. The world doesnt really need the old conventional paper money anymore because there are alot of cashless form of payment and someday it will be taking its toll towards paper money

It's more then a thread but it will be something that's here for decades. Remember so many people don't even now what online banking is.
Even in western countries. So the future for paper money is that it will be used. Not more, not less.

Yes, it will be always survive, as majority of people don't want to get on online stuff, they find using paper money easy and convenient, they will never complicate their spendings by getting into crypto.

Yeah not all people are really feel safe with bitcoins. So they will use fiat money. This will continue to happen for decades to come.
So yeah paper money will be used in the near future and years to follow.

Yes, and just look at the life span of bitcoin and paper money, we are using paper money since we came to this world, and bitcoin is very new at a moment, so it will take a long time to replace paper money.
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