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I havent made much, but sort of in a different position.
If anything if I remember, I lose more on the trades then gain. I sorta suck at trading or timing things..
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Op you should be more specific with your thread, as you`ll notice you`ll get buried into lots of reading..
Esp when you dont dont know if youre either to go with alt coins or bitcoins etc.
Know what you want 1st..
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I`m sure its just a lack of staff.
Like most btc business have a hard time setting up their support system, I mean look at primedice. A well respected dice site, yet we still get delayed responses. So just expect the same?
Not that they are in the same type of business, but it shows people have a hard time hiring the right people I guess.
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If a trillion dollar deficit doesnt break the economy nothing will at this point lol.
Its fair to say that, we wont ever see this happen unless its like 3 different generations from now.
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Why is my U2cloudmining system the best?
Because it is now absolutly for free...
You invest few times "zero satoshi" and you get 10000 satoshi...
Purists will say free does not exist...
Have fun...
I try to reach out to everyone I lend to personally and get to know them. I make the majority of my loans to a handful of people. They have trusted me too with loans and various other favors that required trust. I know who they are, what they do, and the reputation on the line if they default... Unfortunately, that pretty much takes a ton of time no one has. Of course, this is based on the individuals approach - but in general if btcjam thats supposed to be a main hub for loans fail I dont see why we can do it any better. |
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If the price is right, taking care of the basic survivals to not be homeless is the way to go.
And thats providing a roof over your head and not paying a bank for it, even better.
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Quiting my job for what?
Working for a bitcoin related company. Sure yes I wou.d
But quiting my job and hope I can make a living with bitcoin by trading or speculation?
Well there is no need to quit my job for that, when i can do it just now.
The sad truth hits us hard lol. This whole talk having a bitcoin job, can be looked towards on start ups, to mix up your pay in fiat and bitcoin. But obviously like you mentioned you`d have to work a place that offers bitcoin like coinbase, etc. |
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I dont got kids, thank god.
But hopefully I got enough to retire or help increase the chances to retire earlier? as my best scenario.
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Currently new BC are created worth of 1.4 million dollars every day. If we assume that the current need for BC is worth of 1.4 million dollars a day and BC supply halves, shouldn't that mean, that price should double? Or has that allready been baked in the current price?
sure? 1.4 milion dollar everyday? never hear this statistic,can you show me some source? its possible if bitcoin price become double than now,but not sure about that,just guessing from some people. The average block generation time of a bitcoin block is ten minutes. This block discovery is rewarded with 25 bitcoins. So, you have circa 3600 bitcoins being mined per day, worth about 1.5 million dollars. The block generation time decreases if more hash is added and vice versa. This reverts back to ten minutes every 2016 blocks mined, by an adjustment of the difficulty. This all changes, when the block reward is no longer 25 bitcoins lol. in a couple months. If its halved, then its 12 something in decimals, which makes it people go frenzy. The true question is, what happens when we hit the 210,000,000 mark hard code. |
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if i were you i would definitely sell it all i think until i would make a return of investment for all those gadgets and electricity i would use during the mining process, in order to make it profitable
after that i would definitely keep all my bitcoins i mine in my cold storage and wait for some bigger prices, in my opinion thats the best option that you might actually do right now
Yeah saving for future is the best thing to do with bitcoins, as selling now is not profitable enough so if we hold now and sell at the time of halving then it can be more profitable. Some people cant afford to hold it for that long though. But yeah, the overall sense should be profitble in the long term scenario if the price cap increases based on the how many bought out there still left. |
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Do not buy bitcoins with all of your money. Thumb rule investing is you should not invest all your money at same place rather do it in parts. This will reduce the risk of loss of your money and chances of profit will be really high.
of course i will not do that,if i use all my money,i can't buy food for eat,in my country still have not food store accept bitcoin. yes the proft will more higher when we reduce the risk,but also we lost chance to have bigger profit. but remember you can make tons of money later.. think about all the food you can buy..  its obvious we cant all hold a certain amount and when it grows to a certain point of a price range, it`ll be hard to get back in unless you have a ton of miners. |
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The future of Bitcoin is looking pretty good in my eyes at least. I am making some good money with Bitcoin. It only can took a while before I got the hang of everything. So for me Bitcoin is heading the good way and I am looking forward to the future of Bitcoin.
The bitcoin has a very bright future, I have no doubt about it but its still not sure what really gonna happen with it in my opinion. The only thing I think I could predict is that the bitcoin will be more used globally, more stores will come and the price will be much higher and also stable. The future is so bright, that we can see that $1k mark finally am I right? Or am I right.... no seriously. |
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You can also say that you are making the future. It depends on how you look at it. And if you are now looking at it. You can see that Bitcoin will becoming more popular.
And that is also good for the people. The world is becoming more digital and that is also good for Bitcoin.
Yea, building a future that's more likely. Bitcoin s just about to have its break. The best is yet to come! Its just a matter of willing to stick around for that break, thats the main question lol. Some of us dont want to deal with the nonsense of year painstaking years to see this happen though. |
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Dumping my coin is the thing that i will do i have faith in this coin and i know that it will be used for a long time and the price will also rise.
Hold it mate and you will enjoy profits in next couple of months, as it is expected that price will be higher at the time of halving. The price of bitcoin will be higher i think a month after the halving and will continue to rise till its finds a stable value. With bitcoin price is rising now its really a bad time if we will dump the coin we will lose a lot of profit by months that will follow. Dumping is only for the weak hearts who have no faith in bitcoin,many are now gaining profit and you should be gaining profit too. Whatever floats your boat. Some people view it as a risk based situation on what they afford to lose, not weak hearted. |
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The bitcoin price is staying for few weeks at $400 - $425 and there is not high pump or dump, i don't think that 2016 will be boring for bitcoin, on the contrary i think that 2016 will be very interesting because of the halving.
well at least now it is really boring from my point of wiev, there are no increases or decreases of price thus the price is not moving at all and its boring for me in my opinion it would be better if the price started growing already as theres not much time left before the halving what means that we need to attract more investors to bitcoin If the price rises just $100 a month, the price will be $700 in July. That is the halving time, so it is already good. I think if that happens we should see the $1k mark again. And 2016 wont be boring, if this does happen and everyone will forever be hyped if the price holds. |
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This thread was made during the hearn drama and cryptsy that makes the price drop, those two events also are the reason why the price dropped to up to $360+ that month.. But as we see it now, it bounced back after 2 months, and now moving only at around $400... So I guess the effect of those two are almost gone now...
I dont see why people get involved with alt coins when a major alt exchange is been displaced. After seeing that kind of experience, would forever get me out of the whole alt coin scene. |
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The price rise is over for now but it will not take a lot of time before it will rise again in my opinion.
Its just all a matter of time before its gonna rise again, it has a pretty good future also because of the halving so because of the halving it will also rise at the end of this year.
I thought price rise is always a constant struggle. I`m more eyeing on what it can stay as a solid # in the 5 months time then just a temporary price for bitcoin. |
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I guess that's not true. China is one of the countries that use large bitcoin. they use bitcoin as needed, I am not sure that they would destroy the bitcoin. why should they do it? I think all of the issues is a lie
They didn't destroy Litecoin, am i wrong? And they pumping from time to time some of those almost forgotten coins. So we can only Conclude they are adopting very well almost every new coin..I dont see any problems with them. $4.00 in my eyes is still crappy though lol. Shows me that I would never ever want to get involved with alt coins. |
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of course you should save up all the bitcoins you have right now, at least thats what im doing, i believe in bitcoin and i believe that it will change the whole world so im holding it as strong as i can
i hope that my predictions are right and after a few months i will start making a lot of money because of the bitcoin reward halving that will attract a lot of buyers of bitcoin
Its good to save. But its even better to sell while you save, then you wont have a cash flow problem. Unless you already have a substantial amount of money to buy on-going prices. |
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I agree with majority of the predictions here. It will be more than 5 years before the price of $10,000.
Hopefully by the time I hit my 30`s I can see this if I`m lucky. But knowing time is never on someones side and we dont have enough of it, i`ll be happy to see $1k alone. |
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