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1
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Economy / Trading Discussion / Re: When do you plan to sell?
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on: April 24, 2017, 03:55:54 PM
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What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
I think my exit point before I sell my holding bitcoin is when the price meet the 10,000$ that's the time I will sell some of my bitcoin holdings to get my profit through selling it at the high value of bitcoin.  That would take a lot of time i dont know it will hit that price in 10years from now but hopefully it would. I cant wait to hit that price because im relying on bitcoin with my daily expenses Yeah, he has a big hope with his bitcoins. But i think within 10 years we will see bitcoin would be reached at $10000 or may be more or may be less. But i am sure within 10 years bitcoin will be on the highest price. A lot of people have good hope with the bitcoin's future. If bitcoin will survive that long then there is a possibility that it will achieve that price by that time but the fact is not all people have that high patience to hold their coins that long and majority of people will start selling their coins even when it reaches $2k. |
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2
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Economy / Trading Discussion / Re: Is bitcoin better or paypal?
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on: April 24, 2017, 03:54:23 PM
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paypal already became an old fashoin method to pay
Old is Gold, you haven't heard that? Paypal is a very old method of payment. but still paypal is primary payment source of millions of peoples and thousands of online companies and marketplaces. Paypal is different from gold. Gold is a valuable item in the world, the existence of gold is recognized starting traditionally to the modern era. While paypal is a kind of payment that can be replaced by other payment media. We see Western union is now beginning to lose its prestige. Lol dude he is not talking about gold, did not you ever heard a word "old is gold"? well in my opinion paypal is still dominate nowdays cause yes paypal is old so it is more popular than bitcoin which is still new but soon in the future bitcoin will lead Certainly. It's not impossible to happen although fiat money transactions is quite bigger than crypto currency transactions. People that trades fiat money are dealing with bitcoin for less taxes, faster transactions, and anonimity of their money. Faster transactions have become history in bitcoins now as all the transactions are taking too long for confirmation and that is creating an issue in the minds of people and if continues then many people will drop idea of using bitcoins. |
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3
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Economy / Trading Discussion / Re: Are You Disappointed In Trading?
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on: April 24, 2017, 03:51:09 PM
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I have made some loss in trading in the past but it never made me disappointed as it was a learning experience for me and if I would get disappointed then I would stop investing my money in trading and profits and loss will always be a common practice in bitcoins.
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4
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Economy / Trading Discussion / Re: did you place all your funds into bitcoin?
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on: April 24, 2017, 03:49:29 PM
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I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
I think for now better don't because bitcoin prices are going up and it's at risk it would be better to wait until bitcoin is a little quiet and to put all the money in bitcoin is a bit risky because not many platforms have received bitcoin. The price of bitcoin is rising so it is not a risk but it is a good thing to happen in bitcoin and it will benefit everyone who is the investor of bitcoin and the adopters are increasing day by day so it will be more stronger in the coming future. There is no doubt that bitcoin will become more stronger and popular currency in future but still there is a big risk to invest all money into it as we should always be ready with worst scenario that can happen with bitcoins in future so its better to invest only a part of money into it. |
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5
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Economy / Speculation / Re: Bitcoin 2017 Predictions
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on: April 24, 2017, 03:46:30 PM
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A lot of things are happening now in the world, political and economical stuation is not stable and it influences the bitcoin's stability to a certain degree. Only a careful analysis of every aspect and tendency may tell the approximate price. Or we can always speculate))
Majority of users are speculating that price will touch the price of $2k in this year and looking at the growth of bitcoins I am sure that bitcoin has potential to achieve that price in this year but only time will show us the clear picture. |
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6
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Economy / Speculation / Re: Sell or wait?
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on: April 24, 2017, 03:44:30 PM
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I don't have any plan to sell them at a moment as I am very much sure that bitcoin will reach to the price of $1500 very soon and once it achieves that price I will start selling my coins as that would be the best price to sell bitcoins.
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7
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Economy / Speculation / Re: When do you think Bitcoin will reach $1500?
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on: April 24, 2017, 03:43:09 PM
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By December maybe? but as of now the price that I post this is $1222.02 dollar if this continue we can see a $1300 by the end of April or middle of May if we are lucky it could be a $1500 or $1600 for December but speculation like this can be very unpredictable because of the unthinkable movement of bitcoin.
Yes, bitcoin is quite unpredictable. If no big hacks or general bad news comes, I think bitcoin will surely reach $1500 by the end of this year or maybe before. I am wishing that no bad news could ever stop our expectation with bitcoin, but I think there is, As there is a limited supply of bitcoins, when demand rises, less bitcoins will essentially be worth more and that leads to a relative drop in the cost of living. and the effect of fork with bitcoin, If a split occurs, you'll have coins on both chains. is it a good think that it may happen? well we can never really know! As supply and demand increase for bitcoin. Then automatically price will be depart to moon. Already many adoption are happening towards bitcoin and block chain tech, These things will never bitcoin to allow for seeing the hard fork again. I think that in this end from November to Christmas price will be move 1500$ or more than that. I have high expectations from the price of bitcoin at the end of the year and may be we will see $1500 in next couple of months and by the end of the year it is expected that price will touch $2000 lets see what happens in coming months. |
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8
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Economy / Speculation / Re: Bitcoin to 1400 (forecast)
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on: April 24, 2017, 03:41:31 PM
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It looks like we are heading for $1400 in the coming days or weeks. But at some point we will surely have a correction which will give us another chance to buy again.
Yeah. $1400 is achievable. We already past $1300 now so obviously $1400 is next. If segwit is activated soon, we will see touching the $1400 price. So those who have bought bitcoin at around &950 will have a big profit once $1400 is breached. I'm sure they are thinking of selling it at $1400 so that they can enjoy the huge returns of their investment. Let's wait, I bought bitcoin for 1200 dollars and I'm expecting to sell for 1400 dollars, as long as it does not take long. Who knows, waiting for 1500 dollars? It's hard to decide because I am optimistic that we will have $ 1400 very soon Now it will not take too long to achieve the price of $1400 and we may see that price in next month as price has already crossed $1300 level so I am very much sure that we will be witnessing that price pretty soon in next couple of weeks. |
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9
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Economy / Speculation / Re: The question is when: Bitcoin at $2000. 2017 or 2018?
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on: April 24, 2017, 03:39:50 PM
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I am pretty optimistic about bitcoins so I think that bitcoin will achieve that price by the end of this year and we don't have to wait for next year to see that price as price is moving up now and if the same trend continues then nothing can stop bitcoin reaching to that price level.
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10
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Economy / Economics / Re: Which one is good, trading or investing?
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on: April 24, 2017, 03:37:49 PM
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I will go for 50 50 as you cannot depend only on single method to make money as if one fails then there is always an chance to recover your loss from the other method and apart from trading and investing I will also prefer to save my money for emergencies.
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11
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Economy / Economics / Re: Why do people keep saying BTC is dead?!
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on: April 24, 2017, 03:36:06 PM
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People get carried away with the news that listen and we know that media has never supported bitcoins in the past and have always spread negative rumors about bitcoins and that makes people to think negatively about bitcoins.
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12
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Economy / Economics / Re: where should i invest my 0.5 btc ?
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on: April 24, 2017, 03:34:40 PM
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Do not invest it anywhere simply hold them for future as investment is risky and you may loose all your capital at once and as we see the price of bitcoins is getting higher so if you hold them till it reaches its best price then you can make good profits by selling them at that price.
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13
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Economy / Economics / Re: The dream of getting rich with bitcoins
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on: April 24, 2017, 03:32:58 PM
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I am not dreaming to get rich with bitcoin but I am trying to collect as many coins as possible at a moment and will save it for future and if luck favors me and if price goes in millions in future then the bitcoins that I would be holding can surely make me rich in future.
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14
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Economy / Economics / Re: Is bitcoin dead?
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on: April 24, 2017, 03:31:14 PM
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We are at all time high price level so it doesn't make any sense to comment that bitcoin is dead or will die in future as price has started to increase now and same we will see in coming years too when more people will start investing their money in bitcoins.
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16
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Economy / Economics / Re: Invest your bitcoins.
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on: April 24, 2017, 03:24:31 PM
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I stay away from gambling sites because I believe they are rigged to make you loose and take your bitcoins. But I do invest in bitcoin lending sites. Lending for interest is safer because we can take legal actions when the borrower doesn't pay out.
I agree. Gambling only makes your money disappear and the more play the more money you lose. Only experts know how to maintain their income everyday with gambling. IF you are not good in calculating and drawing strategy, you should stay away from gambling/ yes most of the people says that gambling do not require any skill or experience, but to me i will like to say that still there are some formate of gambling where we need to use our skill and experience, for example in sports gambling we are not totally depending on our luck, but we also need our skill and experience. You can expect some profits from sports betting if you have a good knowledge of that sport and if you follow it from a long time as you will be aware about the strengths and weaknesses of the teams or players which will make easy for you to know what will be an end result. correctly, with good knowledge, you can make a good strategy and you can make the right decision to choose the teams or players. there will be big opportunity for you to win the games with easy and you can have your winning in the end of games. if you have experience, your chance is more big but you need to think if the games is not works like what you want so i think you need to make back up strategy to cover your loss. There cannot be any back up strategy as there is only two possibilities in gambling either you win or you loose and you may recover your loss in next game but once you put your money in gambling and if you loose then its gone forever and you cannot recover it back in same game. It seems to me that in gambling, even experience will not help win. All machines are in the mood to take money from you. Therefore, neither experience nor knowledge will help you become rich with gambling Yes there cannot be any strategy or skills that will help you in making profits in gambling as gambling is totally based on luck and you will make money only if you are lucky on that particular day and majority of times only house will win which will take away all money from you. Using money in gambling doesn't sounds great to me instead I will prefer to invest my bitcoins in good and reputed casino bankrolls after doing a good market research from where I can get small but guaranteed profits at regular intervals. |
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17
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Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever
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on: April 24, 2017, 03:22:31 PM
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There are some people which thinks like it's written on thread's title but such relationship with bitcoin simply wasting of time because bitcoin is great cryptocurrency for trading which gives you opportunity to get good profit. Bitcoin is money, it's currency and it's exchangeable to any local currency so keeping bitcoins and not selling, I can't explain why someone will do this. Buy it, sell it and sometimes hold for higher profit, that will be good.
Correct, there is no reason to not take advantage of the opportunities that present themselves and give to us the opportunity to get easy profits without too much of an effort such an opportunity present it itself with the now all time highs we reached weeks ago it was obvious the price was going to get lower so if you sold and then you bought when the price was below one thousand then you made some easy profit. That is right. The bitcoin price is very low due to the transaction congestion. When the block size is increased together with the Segwit, the price will rise a lot. That is not the main reason, the real reason is based on supply and demand, it's basic that every investors should know. Usually when there is a news that there will be a possible increase of demand price of bitcoin will surge, the last news I knew was Japan will recognize and use bitcoin, so that is a big news and we can already imagine how the demand will increase, the technical aspects is another thing, it does not give big impact when the problem is still manageable. After Japan started to accept bitcoins I am sure we will be seeing many more countries that will follow Japan in near future which take the price of bitcoins to a next level as this news have drawn attention of many people and surely it will increase the demand of bitcoin in future. Well, I look forward to that mate, japan is a big country so probably it will make a big impact to other countries as well. China and japan are both positive with bitcoin so I guess it will bring good outcome to the market.. Yes that will have positive impact on the price of bitcoins and if more countries will start accepting bitcoins in future then it can take price of bitcoins too high and it will also attract many new investors and companies to start investing in bitcoins. The fact that Japan recognized bitcoin does not mean that the rest of the countries will take bitcoin. Yes, it's very good for bitcoin. But do not forget that Japan can change its decision in a few months and prohibit the crypto currency. I'm ready to sell bitcoin when its price reaches $ 1,500 That is my target price too and I am eagerly waiting for bitcoin to touch that price in coming months as that price will give me huge profits so its better to sell them and accumulate the profits instead of holding them too long. |
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18
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Economy / Economics / Re: bitcoin benefit of saving for a long time?
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on: April 24, 2017, 03:20:37 PM
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Bitcoin were good if you save it for long time, because bitcoin had a high possibility to up the price/value in the market place. Even from now it was fluctuating I was still believe that it was getting high in the future.
It's why I keep on saving because I experienced by myself that if I'm going to hold bitcoins any further this is going to give me an assurance that it will give me a better life in future. And I managed to have while the price is lower at $600 and right now, I can see that the price is really good, so the more bitcoins you'll hold the better. Saving bitcoin for future is a good thing to do but I will not hold them for a very long time as there is no guarantee that price will go higher in future so I will prefer to sell them when its giving me enough profits as I can buy them back when price drops again in near future. Yes that is right because we can't predict the future and the only thin g we can do is to sell our bitcoins when the price is enough for us and it meet our expectation already. We don't need to wait and hold for a long time because there is some scenarios that can affect the price and make it very low which is considered a loss for us. If price goes down then it can bounce back but the only issue is that we don't know how long we need to wait to see higher price and that makes holding very risky so the best thing would be to sell them when you are making some profits instead of holding them too long. I disagree with you. Now there are a lot of investors who are ready to keep bitcoin for several years. They bought it for less than $ 400. This is a very good move. Now their capital has multiplied by three times. And in a few years can be multiplied by 10 times How can you be so sure that it will get multiplied by 10 times in future? There is also a possibility that price will go down if there is any bad news related to bitcoins and may not recover again so no one can predict what will happen with the price of bitcoins in future. |
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19
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Economy / Economics / Re: Next generation money
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on: April 24, 2017, 03:18:51 PM
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Yes it is entirely new concept in the world of money. Bitcoin is so powerful that we can trade any amount of volume via its medium. This transaction is still safe and anonymous with no big fees and surcharges as that applied by your own bank. New generation would always want hassle free transaction which bitcoin is already providing. Bitcoin gives you freedom of time. No matter what you can transact any amount of money overseas, locally and personally. This is something sounds like new generation stuff and yes it is. I wouldn't say that Bitcoin offers hassle free transactions, especially right now. With the huge backlog of transactions and debate about block size, we are in fluid territory right now. But yes, Bitcoin does have potential. I agree with you, the problem of transactions is very urgent now. But I think that it will be resolved in the near future. Bitcoin is almost an ideal system and it is not possible to spoil the problem of transactions The limit of bitcoin blocksize has made a lot of people gets a limitation for using the bitcoin transaction. They can sending it with instantly. the confirmation take a lot of the time. Yes that is a big problem with bitcoin at a moment and not many people like to wait longer for transaction to get confirmed and this issue should be resolved as soon as possible or else there will be many users who will stop using bitcoins. |
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20
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Economy / Economics / Re: Bitcoin to be international currency
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on: April 24, 2017, 03:17:13 PM
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I really think it is really becoming an international currency there are so many people all over the world that is using it,
And it doesn't matter where ever you are as long as you can access the internet you can send and receive bitcoin.
I think bitcoin has not become an international currency, although users have been covered in different countries but it has not made bitcoin in anywhere. You're not yet free to use bitcoin Yes the Governments have not announced anything publicly yet but they have also not banned bitcoin yet and people who are earning and using bitcoins will continue to use bitcoins even if there is any interference from Government in future. I hope that in the future there will be no significant government interventions in bitcoin. Let the government control the national currency. Bitcoin can not be banned and controlled Yes, government should not intervene in bitcoin. It is individual's currency and this is what makes it important. Bitcoin is a decentralized currency and even Government cannot have control on it and that is the best thing about bitcoins and even if there is interference from Government I am sure that people will continue to earn it and use it best possible ways. |
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