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5881  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: March 10, 2016, 12:31:38 PM
There will be of course a time to sell your coins. And that is the best option. You must sell it when the price is high.
Than you can have some more money and that will be good. But you need patience and that is very important.
Yes, there will be a time for selling but I emphasize that no one knows when is that time and it might be current time!

If you consider bitcoin earning as a investment, then you could never think of the price for a long time. Often if used as fiat, any time looks to be good for selling. The reason is one on the other he won't get a chance to exchange if he holds for increased price.
5882  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: March 10, 2016, 12:14:57 PM
Bitcoin price certainly matters a lot. Only by the prediction of the bitcoin price it is possible to plan something for the running month or later month considering it as an investment.
5883  Economy / Speculation / Re: The future of Bitcoin on: March 10, 2016, 12:10:28 PM
If the marketing part of bitcoin will be executed properly. Meaning they do it instead of waiting for the community to do it, then bitcoin can be real big.
I would not mind to pay 0.01% fee of every transaction if the money is spend on good marketing.

The question is who will do it? Are the miners the one who are supposed to do this marketing or we need some leaders from the government?  Future of bitcoin is handled by the community for now. We aee the ones making the big waves speciallly those who have a lot.

If thats the case then bitcoin wont be decentralized. The government just want to manipulate bitcoin to if that will happen.

Marketing doesn't make sense. Its not a commodity to market and earn profit. Will you market currency? Likewise bitcoin equal to a currency, marketing of bitcoin will degrade its value.
5884  Economy / Economics / Re: Government & Bitcoin on: March 10, 2016, 11:59:23 AM
If Government and Bitcoin can works together, i'm sure it will a big news for bitcoins user and it will affect the price of bitcoins. and can be increase the price.
If this happens we can say that a rather new revolution is happening in bitcoin and its price will increase, however in my opinion it is very far to happen.

That should never take place, because at any point if government compromises with bitcoin there arises an issue of controllability. This control will automatically taken by the governments which leads to collapse.
5885  Other / Politics & Society / Re: USA have found the cure of CANCER? on: March 09, 2016, 02:36:04 PM
Actually cure of cancer already has been found but big international medicine producers didn't allow for their profit reasons. Because they have earning billions from kemotherapy drugs.
By the way, do you know that Israel has the lowest cancer incident rate?

Thats true, the news came long back but the medicine have not reached other countries.
Israel might have the less radiation effects than the other countries. I feel the medicine
might got failure over the back to back tests after introduction which might have
stopped the distribution.
5886  Economy / Trading Discussion / Re: Purchasing bitcoin online? on: March 09, 2016, 02:30:49 PM
You can try to open a thread in Localbitcoins and search for sellers who can sell their coins via debit card payment. You would need to pay about 10-15% fee as that's the current rate on LBC else on other exchange websites you would need
to verify your identity to get a better price.

As said creating thread will allow few traders into contact and give suggestions to make a good buy with the trusted trader.
Some threads can also be started in our forum and trades can be done with additional profit than other trading sites.
5887  Economy / Speculation / Re: 2016 will be a boring year for bitcoin on: March 09, 2016, 02:27:44 PM
looks like OP was not right so far.
there has been 3 months into 2016 and the year has been so interesting so far. at leas in my eyes.
the price has gone up and the interesting part is that there has been two big push downs which bitcoin could revive and come back up again.

Its been exciting year so far, and this year will continue to give us some exciting news and exciting value of bitcoin in next few months, so I am waiting for it and I hope that bitcoin breaks all records in this year.

This year is considered to be a great year for bitcoin. At the beginning it faced few decrease in the price which continued to grow when months passed. As the halving is also taking place this year bitcoin price will surely increase making this a year of bitcoin.
5888  Economy / Speculation / Re: BUY or SELL bitcoins ? What you prefer ? on: March 09, 2016, 02:20:57 PM
As a newcomer to bitcoin and is still fairly new i prefer buying bitcoin at a certain amount that i see i low on the market.
As i read that after the halving the price might go up maybe thats the time i will sell my bitcoin.

Indeed its good to buy now because the price is very low so yeah that is a good reason to buy them.
Plus the halving is also coming this year and this will boost the bitcoin for sure.

Now the price is low, if it grows high also it can be considered as a buying time as halving is coming within few months. This halving will sure give a profit. So with much trust can go for a buy.

Best decision would be to buy bitcoins, and if you want to sell then hold on, just wait for few months and sell when there is halving time around, you can make good money out of it.

As quoted by various users buying will be given more preference than selling. Now if you buy surely will get a good profit us a return back in a few months time.
5889  Economy / Speculation / Re: Price rise is over on: March 09, 2016, 02:11:22 PM
There is still some time until reward halving. Cheesy many of the bitcoin users right now became savers and that will decrease the supply in the market that will lead to higher price.

Holding bitcoins within the wallet will not reduce the circulation.
Only due to the large number of bitcoin accumulation in few
users will reduce the circulation leading for price fall.
5890  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: March 09, 2016, 02:03:41 PM
I would continue with my job for sure, I like bitcoin, but I don't have total faith in it looking at the price fluctuation involved, So I will always treat bitcoin as good extra income and nothing else.

Thats the good idea. At anytime leaving day job is not fair. Bitcoin price increases gradually but having much dependence will result in failure, because if you involve completely no time has to be spend on other activities only then you can earn your targeted amount.
5891  Economy / Economics / Re: The future of the paper money on: March 09, 2016, 01:56:48 PM
I cannot rule out the possibility of paper money to dissappear but it will take more than a century. Most digital currencies including Bitcoin are still in their infant stages and therefore cannot make paper money to dissappear so quickly. The use of paper money is so important in that even those people currently adopting digital currency have a few nots in their wallets.
true, the use of paper money is now so important in the community, in addition to the paper money had also been there a long time, so I guess paper money remains the number one in public money

Paper money is much important and won't disappear however the digitalization takes place. Everywhere there will be some people who don't have interest over the digitalization. In future Bitcoin might be used in the physical form as we use dollars.
5892  Other / Off-topic / Re: Bitcoin and Porn on: March 09, 2016, 01:51:50 PM
Acceptance of bitcoin is available in very few porn sites compared to the shopping websites. But more transactions were expected by the coming years, as leading companies are into bitcoin largely.

Some businessmen just have fear to getting into it due to its volatility. I was even that afraid when i started accepting btc as my fee for doing my data entry job back then.
But saw some webmasters from gfy.com and on blackhatworld are considering to accept bitcoin on their websites so i guess later we can see more and more of these cam sites with bitcoin logos.
Not only just you, many people would have come here with half hearted (but hopefully now enjoying). I also become a bitcoiner after many consideration. When I was planning to make a payment to porn site, my friend suggested to go with the bitcoin. Now I become almost a full-time bitcoiner.
We really need to appreciate porn industry for promoting Bitcoins in many ways. Same time porn industry has very big potential to grow along with accepting bitcoin payments. Yes, it is a very nice and a win-win combination.

as we can see here the accepting has already started with new websites (cam sites) that are accepting bitcoin as payment for the tips.
but i think there is still one big problem that they will face in the future and that is the anonymity which will prevent them to verify the age of their users to be +18.

The use of bitcoin by minors for cam sites will not be a big issue. Now itself most minors are entering cam sites with fake ids. However you try to regulate for age above 18 its not possible.
5893  Bitcoin / Bitcoin Discussion / Re: Bitcoin Bank??? on: March 09, 2016, 01:48:18 PM
In my opinion a bitcoin bank could bring big disasters, because than its something that can control people from having their money and such things.
I think we can better stay at our wallets and have no bitcoin banks at all for a few years till its maybe time for it.

Your quote gives the better value for bitcoin wallets, If bitcoin banks come into existence there will be a good promotion for bitcoin and more people will know zbout such cryptocurrencies which will increase adoption.
5894  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: March 09, 2016, 01:39:52 PM
I see Bitcoin as a small earning and thats all. I hope that we can make of course more money with Bitcoin, but that depend on the value.
We will never know what will happen with the future so it is quite risky.

Bitcoin price will increase gradually, No need to get panic about the future, if the power generation is successful the bitcoin technology will never collapse.
5895  Bitcoin / Bitcoin Discussion / Re: What "facts" you heard about Bitcoin is not true? on: March 09, 2016, 01:32:15 PM
When I started using Bitcoin, I thought Bitcoin transactions cannot be traced. I believe this was what I read from a few Bitcoin related site back in 2012/2013.

As I get to know more and more about Bitcoin, I found out that it is not true. Technically, it can be traced from the Blockchain. Ones need to use a Bitcoin mixer before he/she can be "anonymous".

What "facts" have you heard about Bitcoin that is not true - other than the price?

Yeah, transactions in themselves can be traced.

The anonymity of bitcoin isn't in the impossibility of tracking transactions, but in the difficulty of linking those transactions and the identity of one's user.

Each and every transactions can be traced. Even tracking through ip is also done. Such tracings will be done by high networking developers.
5896  Bitcoin / Bitcoin Discussion / Re: What do you call someone with 1000BTC? on: March 09, 2016, 12:33:36 PM
I would simply call him a Lucky Guy, as its only luck that made him possible to achieve that milestone, as only efforts will not make you rich, you also need to have some luck factor attached to it.

Simply just luck will never give one such a huge number of bitcoins. He could have did some hard work to earn it else when bitcoin came into existence he could have bought it.
5897  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: March 09, 2016, 12:30:54 PM
No I do not think this is possible if I'm very honest because the bitcoin is just to small right now maybe its possible in the future.
But the time will learn it because the bitcoin is not to predict of course.

I agree, and it is never easy to make banks disappear, in future bitcoin will be used more but there are certain percentage of people who would prefer to use banks and not bitcoins.
No Bitcoins can make banks dissapear if people keep using bitcoins and why not ? I think bitcoins have all what is needed by users and if something fulfills all the needs of people it deserve to get on top.

Thats not fair, Even when large adoptions take place banks won't disappear, the reason is only when bitcoin gets a physical form to use a small possibility is there to make banks disappear.
5898  Other / Off-topic / Re: Bank or Bitcoin Wallet? on: March 09, 2016, 12:27:59 PM
I would choose for the bitcoin wallet because its much safer in my opinion, also the fact the banks just looking afterwards you.
The bank are also very slow compared with the bitcoin so that is also a reason why the bitcoin wallet is much better.

Yes, I think bitcoin wallets are safer and the best thing is you have your own bank in the form of digital wallet, and which is accessible to you anytime you want, and you can receive/send funds 24/7.

Thats true bitcoin technology has got the option to do transactions even during the night time, which is not possible with the banks. Certain Bank has got limited time for online transactions too.
5899  Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase? on: March 09, 2016, 12:03:20 PM
Most users has speculated holding of bitcoins at this time will surely earn you profit.
I too believe in this speculation and holding all my earnings to get a good profit on halving.
5900  Other / Beginners & Help / Re: Increase my bitcoins. on: March 09, 2016, 11:51:36 AM
increasing, not investment is profitable just avoid to run on HYIP/PONZI they are the best but not recomended to give all your money on it.

Tranding is the safest way right now (trade altcoin)

yes i agree trading altcoins is better. many choices of coins and you can make a lot of profit on each coin.

Everytime altcoins won't give good profit. Now altcoin is in the increasing side. So making some trade in alts and investing on bitcoin seems to be a better way to increase your bitcoin in the days of decreased price.
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