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961  Other / Off-topic / Re: 2016, The Year of Bitcoin? on: February 22, 2016, 08:05:51 PM
The halving will be very interesting to see, especially with the current difficulty with mining, excited to see which way it goes although all we can do is wait Cheesy

Apart from that public will have confidence in the entire technology and more people will want to own part of the cryptocurrency. This will contribute to driving not only the adoption but also the price of Bitcoin up.
The reason 2016 looks set to be different is that bitcoin's price is likely to be driven in large part by similar factors to a traditional fiat currency, following the age-old principles of supply and demand
962  Other / Off-topic / Re: Getting My First Whole Bitcoin? on: February 22, 2016, 05:54:05 AM
Use what bitcoin you have to buy some gift cards. Buy some products cheap and sell them on here for more. Little or no risk and if no one's buying then you still have the merchandise.

Why not dude. Check some people are selling amazon or eBay gift card for bitcoin, if you reselling it you can make a profit from that.
963  Economy / Trading Discussion / Re: Is bitcoin better or paypal? on: February 22, 2016, 05:39:22 AM
Bitcoin has lower transaction fees than paypal, and there is also no chargeback options for Bitcoin, so i prefer Bitcoin more Cheesy

Dude there are many arguments touting Bitcoin’s superiority over Paypal is endless in bitcointalk.  There are economic incentives for buyers and sellers, large and small, to use Bitcoin vs Paypal.  Simultaneously, there are still infrastructure gaps that may prevent the efficient use of Bitcoin over Paypal at this time.
964  Economy / Speculation / Re: Price of the bitcoin will jump again? The price today is $453 on: February 22, 2016, 05:25:26 AM
Price is jumping day by day every day for 10$ at least so I expect price over 500 in no time

I think we will not see the $500 figure in the next month. The price is quite volatile. It is still here.

we might see a $500 in the next month, March could be a good month to us...as long as no one would dump, then there is a possibility..  Smiley we maybe now at $337, but I think it is still go and crawl going up..  Smiley

Guys Fluctuations will be there in price upto August So Please don't care about Price value of bitcoin. Just hold it as much you can price will double very soon. I am waiting for that big bump called halving.
965  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: February 22, 2016, 05:21:22 AM
First of all it is very hard to replace anything that's been established for many centuries and what people have come to rely and depend on. But dollar lacks in digital world, that could give more space for bitcoin to groom.


The world’s centralized banking interests will do anything to continue to control the world’s monetary system. There’s a lot of money in it. Therefore, the prospect of bitcoin supplanting the US dollar as a global reserve currency is an altruistic, but unrealistic outcome.
Fiat banks are holding lots of money in it, Its not a easy goal to make it fast Sure It would take at least 25 years from now.
966  Bitcoin / Bitcoin Discussion / Re: Do you still keep a fiat retirement account? on: February 22, 2016, 05:07:39 AM
Of course, I keep a fiat retirement account.
There is a chance (low probability IMO, but can't be ignored) that Bitcoin will go to zero.
You wouldn't want to be on the streets if that happens.

I don't have any account for retirement neither in fiat or nor in Bitcoin. But I have a plan to create a bitcoin retirement fund in hardware wallet.
I know due to demand and supply bitcoin's price will be high when I Will come out from the employment.
967  Economy / Speculation / Re: Price Going UP! on: February 20, 2016, 09:27:33 PM
Just imagine what the effect could be if this trend extends until the halving itself. Even if it gets slight growth, as long as it would be on the plus side, it could have enormous effect as most likely the halving would have an spike of 25% of whatever the value would be prior to this phase (even though some predict exactly double it's value).

Yeah we all knows that man. Better you save your bitcoins without selling it. If you that You could have big profit in halving time and price will be biggest in bitcoin moment forever.
968  Economy / Economics / Re: Should I believe in Bitcoin ? on: February 20, 2016, 09:16:43 PM
Why not ? Yes you should believe in bitcoin. Many people here believe in bitcoin though, so why you not believe. I mean bitcoins are same like real money though.

Yup Its More transperency in transactions and lesser fees. Banks all over are starting to being hated because of their time lags in transactions, huge fees and paperwork. Bitcoin is much simpler and sustainable. With the advent of online market and mcommerce booming, E-Currency such as this is set to go a long way.
969  Other / Off-topic / Re: Earning a living with bitcoin? on: February 20, 2016, 08:54:40 PM
I would love to earn a living with bitcoins in future, but not at a moment, as I am not a full timer on bitcoins, but if I get full time on bitcoins then I would surely earn a living with it.

No it will not work for sure. If you try to be part in bitcoin as full timer, you will not make big profit according to my knowledge without big backup in trading, minīng or some other things.
Else its waste, make it be passive income only.
970  Economy / Services / Re: LuckyBtcCasino sig campaign is to be (paused) on: February 19, 2016, 12:37:27 PM
@ zengryT

Regarding the news...
Ok so next week we will get another payment and then we will have a break of a few weeks right?
I can only speak for myself and say that's ok for me.
I trust you guys and thanks for informing us in good time.

Yes that is right you will be paid for a full week as usual as to not pause in the middle of a week even though it probably made sense to do so.

It should not be that long, the estimate I have are around 2 weeks from the 24th so not long at all.

I will be speaking with admin and hopefully we come back with different design signatures and a few changes.

To inform you guys, I have pmed Blazed our escrow who has held 4btc from the start to see if he will continue to hold the escrowed funds. I am waiting for his reply but I doubt there will be a problem.

Many thanks to you all and if you find other campaigns and do not want to leave when we come back then all the best it was a pleasure Smiley

Thanks for the quick answer.
Sounds fair to me.
I will wait until you're guys are back. I will also continue keeping the sig banner during the break.
2 weeks isn't that long and when you will stay as our campaign manager as well, everything will be cool again. Smiley

Yup Even I would like to wear the signature in breaking weeks, as Denkar said Its not big break right! We are hoping we ll be back and joins with zengryt again.
971  Economy / Services / Re: LuckyBtcCasino sig campaign is to be (paused) on: February 19, 2016, 12:24:16 PM
@ zengryT

Regarding the news...
Ok so next week we will get another payment and then we will have a break of a few weeks right?
I can only speak for myself and say that's ok for me.
I trust you guys and thanks for informing us in good time.

Yes that is right you will be paid for a full week as usual as to not pause in the middle of a week even though it probably made sense to do so.

It should not be that long, the estimate I have are around 2 weeks from the 24th so not long at all.

I will be speaking with admin and hopefully we come back with different design signatures and a few changes.

To inform you guys, I have pmed Blazed our escrow who has held 4btc from the start to see if he will continue to hold the escrowed funds. I am waiting for his reply but I doubt there will be a problem.

Many thanks to you all and if you find other campaigns and do not want to leave when we come back then all the best it was a pleasure Smiley

I have found answer for my query here itself.
We ll wait for you with new signature Thanks for all zengryt.
972  Economy / Services / Re: LuckyBtcCasino sig campaign. 4 "MEMBER" rank spaces left. on: February 19, 2016, 12:20:16 PM
Pay Per Post
Name: stiffbud
Post count: 101
Rank: member
Bitcoin Address: 1AuGJkTPU63VkywXLrmMZ6MAboqDScxaeU


Denied.



UPDATE


We have some good and bad news: bad news first, LuckyBtcCasino campaign will be on pause after your next payment. There are a few problems with the site and updates that need to be taken care of before we continue for campaign 2.0.

Leading on to the good news, I have been told we will continue back as soon as the updates are complete and fixes made.

Sorry about this guys but I have gave you as much notice as possible on this.

Any questions I am here.

Dear zengryt,

Thanks for the update.

I have query, If you pause after upcoming week's payment. After that will you pay us Once problem fixed or we will get any payment for upcoming weeks.I mean after this week's one. I have PMed as well.
973  Bitcoin / Bitcoin Discussion / Re: Do you still use fiat to buy things on Amazon.com? on: February 19, 2016, 11:45:36 AM
Of course I do because that's what I have a lot of. I don't have anything else, you know.

If you want buy with bitcoin, Just go with purse.io site and if you have coinbase account activate by that. select the product which you wqnt to buy then add that in wishlist. copy and paste that url in purse.io by that you can receive 15% discount in every purchase dude.
974  Bitcoin / Bitcoin Discussion / Re: paypal or bitcoin? on: February 19, 2016, 11:37:37 AM
I use paypal for a lot of payments these days, this because the I like the dispute system.
Although the bitcoin is getting more popular these days so maybe with will win it at the end.

Paypal not worthy think to use when it comes to international transaction because they are charging heavy fees in every payment, Apart from that Many scams about paypal payment system. So most of the bitcoin users will not agree paypal as a best medium for transactions.
975  Other / Off-topic / Re: In 20 years, what would you like to do with your bitcoin? on: February 18, 2016, 08:46:42 AM
It's depend the price of bitcoin in next 20 years. If the price really high i will sell them all and focus in my real life. if the price is not high, i think i will keep it or give it to someone.

After 20 years, price might be good, but I think it is nice to use it as capital in bitcoin related business while having a retirement... Yeah, if price fall, then we can give it to our grand children and let them continue what we are doing while..  Smiley

If you save more than 50 btc in 20 years We make a big money at that time. you can invest it on own business or you make save like a retirement fund in bitcoin.
I guess bitcoin price will be around 10000$ for 1 bitcoin at that time.
976  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: February 18, 2016, 08:29:06 AM
I really enjoy working here. and can work at home with the family. but it has not become a regular work at home, my wife will not understand it
I didn't quite yet my day job. If I would get a good opportunities to work in IT projects with bitcoin payment, then I will plan to switch to that idea.
Now Its being my passive income only. Lets hope for the better luck in this.
977  Bitcoin / Bitcoin Discussion / Re: How do you store your bitcoins? on: February 18, 2016, 08:15:47 AM
the best place for you to store your bitcoins in in an online wallet like coinbase. I personally think that Coinbase is the best one for you to put your bitcoins in cause it is fast and effective

dont get goxed with your "best" wallet.

using electrum and blockchain. for now. no problem to both and easy to use

I do not use the online wallets. I have a Bitcoin wallet in my computer and I use that to support the network. It depends on individual conditions.
I think all wallet need connection internet dude for using it. what do you mean about depends on conditions?
certainly if the wallet can be using without internet, I would choose it. because the internet connection in my village, it is very difficult

Wallets need an internet connection to get the current state of the blockchain and to broadcast a new transaction, but the private keys can be stored offline.
Yeah that would be good idea, because private keys are only like a heart for your wallet. So Have like this or have paper wallet to be secure your wallet and your bitcoin.
978  Economy / Services / Re: LuckyBtcCasino sig campaign. 4 "MEMBER" rank spaces left. on: February 17, 2016, 06:05:21 PM
Hi guys,

Payments have been made: https://blockchain.info/tx/1b6740608a0c2a3819308e8d1b8980cf0a542df80f0aa3e15c6c4a90ff68f16d

Please let me know if there are any doubts or problems and we will soon sort it Smiley

Thanks for another week!

See you again soon...

Thanks zengryt. Payment received.
979  Economy / Trading Discussion / Re: Can someone please explain localbitcoin's high prices? on: February 17, 2016, 12:34:19 PM
it's about supply and demand, since there is no market order on local bitcoin, but it fuction exactly the same as an exchange, you can expect someone to sell(make an "order") above price market by offering many option to receive the payment

people are willing to pay that plus amount in those cases

yeah this is just because of lack of competition in this market. for example in my country there are a handful (like 20 or so) of traders on localbitcoin and private websites who exchange bitcoin to local currency and out of that there is only a couple of them who can be trusted.
so we all have to accept their high asking price and low bids for our exchange to fiat!

If you sell your bitcoins in localbitcoins means We will loose nearly 10 percent of the profit. Better try to get a Bitcoin debit card. I have personally Advcash card. They are charging 2% only as a charge. Its pretty good right! If you wish just try for it.
980  Economy / Speculation / Re: Bitcoin going down on: February 17, 2016, 09:37:36 AM
I hope bitcoin will rise again..

Yup Don't worry about these kind negativity spreaders Bitcoin is rising again now as you said. It crossed 400$ and more. We can get a good rate for bitcoin in market.
But don't sell any bitcoins just hold it for some long we can make profit more by halving.Wink
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