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6261  Economy / Economics / Re: Bitcoin or gold? on: February 10, 2016, 08:21:38 PM
I would choose for the bitcoin it has a good future.
For a long term investment I would pick gold.
I think bitcoin is the best way to short invest for fast money.
bitcoin still the best choice for long term investment or for short time investment, we can see that gold need many time to get interest, even it's price is getting low now,so far i'm on bitcoin side
I wouldn't say that Bitcoin is a good choice for a short-term investment, but I do have faith in its performance in the long term. There are constant up and down swings, but we have to see how everything goes since there is not much of a history behind Bitcoin and thus it is hard to predict what will happen over long periods of time.

Yeah we cannot predict the future of bitcoin as it is quiet young as compared to gold, gold will never die, as people are crazy about gold, and want to hold as much gold as possible and that same doesn't goes with bitcoins.
6262  Economy / Economics / Re: How too get rich on: February 10, 2016, 08:19:27 PM
How to become rich?

I am poor, sir. In other words I am not eligble to answer this question.
But if anyone is interested, I could fill a book of phrases about getting rich.
everyone knew about how to getting rich but only small percent of them can getting rich i mean no mater how many motivation books you've read if you dont take act, you can't being a rich man

That's true you will be motivated only if you feel withing you, and no else can motivate you unless you take proper steps to achieve your goals, you need to work hard right from the dawn to the dark to get rich.
6263  Economy / Economics / Re: Investing Bitcoins? on: February 10, 2016, 08:16:22 PM
I think it is indeed wise if you are going to invest.
I also think Bitcoin later is going to be worth much more.

Exactly, the price of bitcoin have not reached the moon yet, so I believe we can afford to invest our money at this price, as the value would be much more in coming few months, so its a best decision to invest in bitcoins.
6264  Economy / Economics / Re: Is it better to save money or invest it? on: February 10, 2016, 08:14:29 PM
well investing involves some risk what can make you lose all your investment, it would be a very bad experience, while if you hold your money in your wallet it will never disappear so i am for holding

That's true, saving money can be more profitable in  future as you are not gonna loose anything, the same goes with bitcoin too, if you have enough bitcoins in your wallet then you can sell it when the price is higher.
6265  Economy / Speculation / Re: The future of Bitcoin on: February 10, 2016, 08:11:32 PM
the future of bitcoin is very bright in my opinion, the price of it will rise a lot in my opinion and nothing will stop it, it will even remove the banks from our world if it will be really lucky in my opinion

The future of bitcoin is bright that's for sure, but it cannot make banks disappear from the world, as there are many people who have more faith in traditional banking system and not on any digital currency.
6266  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: February 10, 2016, 08:09:21 PM
I would go for the bitcoin is has a better future.
I also think that the bitcoin is the currency of the future.

I think in a few years everything will be digital(money).


Investing money at a moment in bitcoin is the right thing to do, as we are pretty sure that the value would be much higher in the near future, which can give us good returns on our investments in short period.
6267  Other / Off-topic / Re: use Bitcoin in daily life? on: February 09, 2016, 07:58:09 PM
i would be very happy if i will have ability to use bitcoin, but n my country no business or shops are accepting bitcoins, so i only can you then buy something from internet or gamble with tham

Same here, as in my country I don't find any physical shop that accepts bitcoin as a mode of payment, so its only online for me, but it would be great in future if we can use bitcoins for buying basic stuffs.
6268  Other / Off-topic / Re: Are you buying bitcoins? Why? on: February 09, 2016, 07:56:17 PM
Yeah, this is the best time to buy bitcoins, price is affordable at a moment, so can collect few more bitcoins and keep it safe in cold storage and hold it for future, as the price would rise up in coming months.
6269  Other / Off-topic / Re: Earning a living with bitcoin? on: February 09, 2016, 07:54:11 PM
I think its really possible but it will be a big investment if you want that, also the bitcoin can fall and than you will lose everything at once. I think in the future it is possible for sure but we have to be patient and you need a lot of bitcoins also.

That's true you need a big investment at the initial stage, and at a moment it is not possible that we only depend on bitcoin for living, as we are not sure what would be the future of bitcoin, so at a moment it is good income as a extra.
6270  Other / Off-topic / Re: 2016, The Year of Bitcoin? on: February 09, 2016, 07:51:52 PM
I think that bitcoin well see a staedy increase in the second half of the year

Due to halving the bitcoin blockand also many companies have become aware of bitcoin possibliities in the end of 2015
everything takes time but  i think that it will rise
Other than halving, the slow economical situations around the globe also will support bitcoin ecosystem to grow. Because bitcoin is one of the attractive alternative investment for all type of investors.

Absolutely right, i totally agree with you. With hard effort bitcoin will rise and there's some factors to come true.
Yeah , invest your bitcoin and hold it, because many people who predict bitcoin will increase the price early.

Yeah, that's the right thing to do, invest your money in bitcoins at a moment as the price have not reached to the moon yet, and this price we can afford to buy few more bitcoins, which can be profitable in future.
6271  Bitcoin / Bitcoin Discussion / Re: Ever dreamed about Bitcoin? on: February 09, 2016, 07:49:54 PM
i dreamed that unknown person sent me 1k Bitcoin accidentaly to my address and trying to get his money back, i was confused then i woke up and realized that it just a dream

Lolz, that's a great dream, if that would not be a dream then what would you do? Would you pay him back or refuse to send bitcoins to his wallet? Well that would be interesting decision to make I guess.
6272  Bitcoin / Bitcoin Discussion / Re: Do you have physical Bitcoins? on: February 09, 2016, 07:47:59 PM
Nopes, I don't have a single physical bitcoin, but really would love to have one in future, I am not sure whether that would be possible for me or not, but at a moment I am just busy in earning digital bitcoins.
6273  Bitcoin / Bitcoin Discussion / Re: Does any bank accept Bitcoin? on: February 09, 2016, 07:46:17 PM
no they dont accept any bitcoin payments as they are against bitcoins
yeah i never heard that any bank accept bitcoin or something else, but i heard that world bank's interested in blockchain, i think blockchain yes but bitcoin unfortunately not, they can't accept it


Exactly, even I haven't heard that any bank accepting bitcoins, and that is not possible, as banks are facing tough competition from bitcoins, so I don't think that banks will come in support of bitcoins in near future.
6274  Other / Off-topic / Re: What do you wish you could buy with btc ? on: February 09, 2016, 07:44:43 PM
Emm.. that's is easy to answer bro, I wish i could buy a house in another city. But I knew to buy a house need a lot of bitcoin, no problem it is my dream Wink

Yeah, buying a house with bitcoin would be great, and at a moment it won't be possible, but who knows in future the day would come where we could buy a house and a car by using bitcoin as a payment system.
6275  Bitcoin / Bitcoin Discussion / Re: Bitcoin: Should you stay or should you go? on: February 09, 2016, 07:42:50 PM
Well I personally think bitcoin has a bright future its just if people take bitcoin on board and actually make use of it

Yeah, bitcoin's future is bright, it just needs to be widely used, and us, who use it, must atleast invite one to join us, that way, we are helping bitcoin, sad to say, some of those prominent person who should always be beside bitcoin, had left,..

I couldn't agree more with you,  we must stay using bitcoin as well. If you want to invite your friends to use bitcoin too, it means firstly you should make them interest with bitcoin. Tell them the advantage of bitcoin that you known.

That's correct, if we don't have perfect knowledge of bitcoins then it would become difficult to convince others, and we are using bitcoins since long time, so at a moment it would be foolish decision if we quit.
6276  Bitcoin / Bitcoin Discussion / Re: Is bitcoin being used for illegal activities on: February 09, 2016, 07:40:58 PM
I think yes it is being used for criminal activities, may be drugs or converting black money to white, and it is also used for gambling, which is illegal too, people will use each and every currency which holds value for illegal activities.
6277  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: February 01, 2016, 10:28:09 PM
I don't think now is a good time to invest by buy 1 bitcoin today. the price is not stable from 2 weeks ago, better you wait until the bitcoin price decrease again. and then you buy it.

The price might not dropped below $360 in the next couple of months. It is difficult to know the price so that we can time our buy perfectly.

Anything around $300 would be profitable for future I guess, if the price drops to $300 then we can buy few coins and hold it for future, and looking at the present price I still believe that it is the good time to buy bitcoins as the price would be comparatively higher in future.
6278  Economy / Economics / Re: What do you guess about he future of bitcoin? on: February 01, 2016, 10:24:50 PM
i think that it will become known world wide and more and more people will start using it every day
if you want it to happen, you also need to join to spread and promote bitcoin, like to tell your friends about bitcoin,
it can accelerate that you mentioned

Well its not needed, if the bitcoin will raise to a high amount in the future many people will know it. The news channels will speak about it and the bitcoin is getting more popular everyday, I think the bitcoin will first lower to a low amount and than rise to a high amount.

News channel are spreading negative news about bitcoins, and that is the reason people are not having faith in bitcoin, as people are very much influenced by news they just get carry away with what they listen to, and that is the reason bitcoin is not popular.

the media indeed plays a big role as they are very negative towards anything that has to do with bitcoin as currency. and the average joe's of this world take everything the media says for granted. bitcoin will gain popularity, but the media has damaged people too much with their anti bitcoin campaign. we just needs to have patience. building a solid user base and trust takes years.

Yes and the older generation will always support news and media as they are used to it, and they don't have  habit of going online and searching the information, same thing happened when internet came into existence and people said the same thing that it won't survive longer, today internet has become basic necessity.
6279  Economy / Economics / Re: Bitcoin replaces the money? Could happen? on: February 01, 2016, 10:22:14 PM
Its possible but I think its possible in a few years, in about 3 years.
The future is not predictable of course so we will see.
But the bitcoin has a bright future a head of course.

Bitcoin has a great future ahead no doubt about it, but the fact is that it will never replace paper currency, if you compare the users of paper currency with digital currency then bitcoin is nowhere in the list, bitcoin will be more strong in future but it will never replace fiat currency.
6280  Economy / Speculation / Re: The future of Bitcoin on: February 01, 2016, 10:19:26 PM
The future project can be that paypal will allow to trade bitcoins, big shows(like amazon) will integrate bitcoin as the payment method etc.
It's impossible that paypal will officially allow bitcoin. Paypal don't like to deal with his rivals.
If paypal would lift the limits that they put then bitcoin would be less popular, paypal now can't stop bitcoin (even though it is trying by not allowing trading bitcoin for paypal)

I think Bitcoin has a good future. The world is in fact becoming increasingly popular and more people know Bitcoin.
But we have to agree but see. So chances are that it will be popular.


Bitcoin is popular but not in all countries, when it gets popular across the globe then we can say that bitcoin will survive for a longer period of time, at a moment the customer base of bitcoin is not that high, user adoption can make bitcoin more popular in future.
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