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1461  Economy / Economics / Re: Why people says gold is better? on: December 02, 2017, 02:23:51 PM
Why not both? I think it's pretty safe to hold some gold, it doesn't hurt to own a physical resource in case there is no network access.

Because bitcoin is volatile, it changes it price very quickly while gold in the other hand is stable though bitcoin may have a higher price, it is pretty volatile.
I think for some things gold is better than bitcoin. for example for bitcoin fluctuation problem certainly investment in bitcoin would be more risky than investing in gold, and gold is safer for investment that's why some people might call gold investment better than bitcoin,,
1462  Bitcoin / Bitcoin Discussion / Re: Too late to get involved into Bitcoin? on: December 02, 2017, 02:18:24 PM
Not too late. Although the price might seem high today, imagine you bought in at $7.5k and it goes up to $25k, you'd definitely be glad you invested!
Its never too late to invest in bitcoin. As of now the price of bitcoin was totally high and even the price is high you must still invest in bitcoin because it is very profitable and its a chance to become rich in the future. You must invest now if you want to have a lot of money in the future.
even though bitcoin prices are expensive today but it does not mean it's too late to buy bitcoins, you should know that future bitcoin prices will be several times higher than they are today, so stop saying that it's too late to buy bitcoins, now it is not yet late to buy bitcoin mate!
1463  Economy / Economics / Re: Bitcoin has defeated gold on: December 02, 2017, 02:06:01 PM
i agree that bitcoin is totally defeated gold but if you choose which is better to make investment. gold is totally sure in the times of long investment or any kind of investment but bitcoin has too much risk but definitely can get you rich quickly

There is no doubt about it.  Gold has been a good investment way way back then.  But as to the performance and price, bitcoin surpasses gold miles away.  If I have a money, I will choose both as my investment.  Sure thing to have a good profit.
I do not underestimate gold as a lucrative investment, but I think bitcoin is several times more profitable than gold, we have to be honest here that bitcoin has enormous potential in the future, and even in the near future bitcoin gives you a huge profit,,
1464  Economy / Economics / Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters? on: December 02, 2017, 01:54:28 PM
Yes or No?    Doesn't Bitcoin unfairly benefit early adopters?

No, because they are lucky that they bought bitcoin at very cheap price before at much less as $1 per bitcoin value and now they will sell it high. I just understand why this world unfairly because i don't see any unfriendly or any madness that bitcoin will give to the pioneering investors but only very fortunate for them.
but in fact for early users bitcoin probably many of them have become rich today. imagine 8 years ago you bought a burger with 10 btc, you can imagine how many people have bitcoin at the start of launching. and currently the bitcoin price reaches $ 10k per btc. so do not be surprised if early adopter get a huge profit
1465  Economy / Economics / Re: Passive Income on: December 01, 2017, 05:03:17 PM
There is legitimate HYIP sites, they are all scams, you may be lucky at first but if you are a greedy person they will still run away with your money, because you will still invest more than you first earned, The average life cycle of most HYIP site is 5 days
I will not entrust my money to an investment that has a hyip system, when I want to invest I certainly have to do research and see the project and the background of the company, so I can know the purpose and potential of the investment that I will choose, I never random in choosing a passive income investment,,
1466  Economy / Economics / Re: Legalizing Bitcoin on: December 01, 2017, 04:56:27 PM
Governments can easily legalize bitcoin by passing a law, but I think it would be difficult for them to control bitcoin transacctions since bitcoin is anonymous. For users it would be clarifying in order to change bitcoin to fiat, but if the network can function by itself and make transacctions p2p I don't see what the role of states will be and what justification they can invent to tax activities.

Actually this is main reason. Governments know better what the advantages bitcoin is carrying along are but they only waiting for the time that may be in upcoming future bitcoin’s feature i.e. decentralized would be changed and all these governments can control the yes and no of bitcoin. But we hope a time come in near future when all this happens and we would be enjoying the perks.
Well I think bitcoin will be lucky when all the countries make bitcoin legal because its will be good for bitcoin if bitcoin become legal so the users will be increased and some investors and traders will also be increased and as some countries have already make bitcoin legal so their benefits are high than any other countries because bitcoin is accepted in their banks and transitions are also very fast so I wish bitcoin will be legal in rest of countries soon.
of course it's not only beneficial for bitcoin, but it will also benefit all bitcoin users, think about what will happen to bitcoin prices if bitcoin is legitized in different countries. of course there will be many people who then believe in bitcoin and of course will happen mass adoption and make the price of bitcoin soaring high
1467  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: December 01, 2017, 04:52:53 PM
Saving bitcoin to your wallet has a big benefit. why? because bitcoin price value is unpredictable and in the few day bitcoin is bubble it's price. If start saving on the low price of it meaning nowadays your benefited of ricing of bitcoin price and sure that you will gain a high profit because of price bubble.

I dont think that alot of people will jump in now because of the price is quite high . Even if some people jump in the boat now, they will most likely sell it again once it reach 5 % profit or more. The price of bitcoin now is too high to be even considered as a safe investment. If you are not bitcoin holder then that is what you believe but it will be different for holder

Yes if your plan is to hold bitcoins for next 4 to 5 years then you can buy it even now as in next 5 years the price of bitcoins will be really high but to hold that long you should have patience and should not disappointed even if you see downfall in the price but if you are looking for quick profits then this is not the right time to buy bitcoins.
holding 5 years is not a quick time mate you should know that, holding for as long as it takes patience, good discipline, and intention to withhold, but besides this even though you only hold a few months your chances of profit are considerable high, bitcoin prices rose very rapidly this few month,,
1468  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Really The Future Of Money? on: December 01, 2017, 04:43:53 PM
Bitcoin will gonna lead specially in online world where you can do all like shopping and investing etc.
 As bitcoin grow popularity so as the grow of internet web shopping sites interest to bitcoin,
maybe I would have thought that bitcoin would just be online currency only, for the future currency I think it's too much, even though bitcoin is becoming popular though, I'm sure that the government will definitely defend their local currency as their primary currency,,
1469  Bitcoin / Bitcoin Discussion / Re: regret by not believing in BITCOIN? on: December 01, 2017, 04:36:43 PM
Many people did not believe in bitcoin and  today they are shocked but today same opportunity but costly may bitcoin double in new year.
maybe this is happening in the last few days, I'm sure there are many people who still do not believe in bitcoin and lose money, look at the price is down quite deep and I'm sure there are some users who do not believe in bitcoin and then panic and sell their bitcoin and they get lose and look at the current price now, the price has been recover,,
1470  Economy / Speculation / Re: Do Bitcoin will reach $15,000 before 2017 ends? on: December 01, 2017, 04:31:23 PM
Magic of Bitcoin is on for ever. We all expected the 10000 USD mark will be achieved as soon as possible and it is achieved and had correction at this level has been done. I believe from this level the journey of success and next target 15000USD will be achieved very shortly but end of 2017 is we have to wait and see only because the correction of previous 10k mark is on.
bitcoin always gives an unexpected surprise, although many people think it is very difficult for bitcoin to have a $ 15k price especially this year but all of that could happen in bitcoin market, fluctuations could make bitcoin prices out of your estimation, so $ 15k in this year may happen,,
1471  Economy / Economics / Re: The dream of getting rich with bitcoins on: November 30, 2017, 02:00:57 AM
Thats an never ending question ...

Everybody of us could get rich but they have to be lucky
Being an investor of bitcoin already made us very lucky, the price will increase overtime so all we need now is just to hold
on and put our patience to cash out a big profit in the future, believe in bitcoin so we can be rich just like those who are early successful people.
I think your dream of becoming rich will come true when you can be patient investing in bitcoin, try to buy and store lots of bitcoins and then be patient within a few years, and when you sell your bitcoin back in the next few years, then you've become rich at the time, because basically the price of bitcoin will be higher in the future,,
1472  Economy / Economics / Re: Bitcoin 10.000$!!!! What's Next? on: November 30, 2017, 01:54:53 AM
What goes up must come down. So , yea , I'm waiting for bitcoin to crash to be honest. This price is insane ! Don't buy at this price guys , stay away from btc for now.
No you are wrong my friend, bitcoin price is not like a bubble that after increases it will came down instantly because bitcoin nature is not a bubble it is a digital currency which increases and grow with the passage of time so don’t be panic and comments using negative words and mind.
In the past people felt it to be a bubble, because they didn't found anything grow in similar manner. Now they have experienced the reality or the real growth happening with time letting them understand about the way it grow. Even now the correction of bitcoin is going on, once it regains momentum it again pumps to reach out the next price barrier.

marketcap is very big this time, I do not see any barrier for the price keeps jumping up, although a few hours ago the price got down but now the price is back recover and ready to go back up, I think the price will go up to $ 15k and it will happen in the near future,
1473  Economy / Economics / Re: Is it possible for the bitcoin to lose it's value ? on: November 30, 2017, 01:51:48 AM
If something goes wrong then the value of bitcoin will just go down hard which is the worst case scenario that may happen in bitcoin and that is the reason why the price of bitcoin is very volatile because it is just depending on the reaction of the people and it is also the reason why the risk is so high in bitcoin.
but seeing the expectation a lot of people that very high from bitcoin, I think the price decline that will happen will only be short time only, because of course the price will go up again as many people will buy bitcoin again, the risk will decrease if you want to be patient and not panic when the price goes down,,
1474  Bitcoin / Bitcoin Discussion / Re: How long bitcoin will survive ? on: November 30, 2017, 01:23:20 AM
Bitcoin will survive until people believed that bitcoin has a potential increase price. every year bitcoin popularity increase and more people believed that this is not the end  just only the beginning of the exiting of bitcoin

the key as long as the user still believes in bitcoin then bitcoin will continue to survive, because actually the key life of bitcoin is in the user itself. without bitcoin users will die, in case of migration or many users out of bitcoin of course it is very influential on the price if all the bitcoin goes of course the price will be 0 $ and bitcoin will die,,
1475  Economy / Speculation / Re: Will the price of bitcoin increase forever? on: November 30, 2017, 01:17:43 AM
Since the total number of bitcoin is fixed, so the value of bitcoin will keep grow, and it's price will keep grow also. So will there a price cap for bitcoin?
Yes because the supply of bitcoin is only 5 million left? So the demand is high and the price is expected to rise maybe this bitcoin is our future money because this bitcoin have a potential than real mony or currency.
thats true, because bitcoin has a maximum number of limits and where users will continue to grow of course this will make bitcoin prices continue to rise along with the running time, although in the near future the price will go down but the price will continue to rise for sure, so do not worry when the price goes down because it's a regular cycle in the bitcoin market,,
1476  Economy / Economics / Re: Why the world really needs virtual currencies on: November 29, 2017, 12:00:48 AM
the world desperately needs Bitcoin because in this world the level of corruption is very high,
the asset security level is very low and slow past when transact, and I think Bitcoin already answered it all ...
Lol just bitcoin can make matters worse because bitcoin has decentralized and anonymous nature, surely corruptors will be more happy when they can do corruption and just disappear because of the help of bitcoin? there are many topics that discuss this issue and many people say that bitcoin lead corruption?
1477  Economy / Economics / Re: Can Bitcoin End World Poverty? on: November 28, 2017, 11:54:23 PM
Bitcoin won't end world poverty. For Bitcoin you need internet connection, a PC or a smartphone and how do you reckon that poor people will be able to afford all those things. For the world poverty to end the income inequality must end. The rich are getting richer and the poor are getting poorer.
yeah that true, I think bitcoin will not be able to end world poverty because to use bitcoin requires internet and now internet still become luxury thing and expensive for some lower class society. and in fact bitcoin users is upper middle class society you know ?
1478  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: November 28, 2017, 11:52:28 PM
Because I hope that the price will continue to rise, it's been more than 6 months I never sell bitcoin, this is because I'm optimistic that bitcoin prices will continue to rise and proven, now I can get big profits for patience keep and more later.
one of the most common reasons why many people do not immediately sell their bitcoin is because they wait for a higher price than today and it is the most appropriate choice these days. because the price will definitely go up and you'll be disappointed if you sell your bitcoin right now
1479  Bitcoin / Bitcoin Discussion / Re: So Bitcoin is better than Gold? on: November 26, 2017, 07:18:51 AM
Actually its very complex question. I think that, may not be today but in the future it will be . Bitcoin if it still continues to grow. But today gold is still better than bitcoin. I predicts that bitcoin will be  $1,000,000 so let us see. gold and bitcoin both are very good investments but Bitcoin is better than Gold.
i think you can not say which is the best overall because bitcoin and gold have different features for each other, for some people who want a safe investment would think that the best is gold but on the other side where people want to get rich with instant would certainly choose the best is bitcoin, so that's just relative
1480  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin on: November 26, 2017, 06:56:53 AM
The easiest way would be to have your ownbusiness that brings yo income for expense bitcinou
Well bitcoin has really a bright future because it has really a great price and a high value now a days and if we are going to observe its potential now a days bitcoin has really a great capability to rise in the near future people around really curious about this thing and many of those people looking for bitcoin because bitcoin is a kind of thing that is really amazing because it cant be touch but we can gain through .
i can not imagine bitcoin in the future while the current price of bitcoin is already sky-high? let alone many people start coming to invest in bitcoin now and this will continue to happen throughout the year, maybe in the future bitcoin users can cover the whole world? i can not imagine how much the price of bitcoin at that time,,
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