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1121  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 06, 2016, 06:02:23 PM
Bitcoin loans are now very affordable and as ETH bubble seems to be bursting there are plenty of bitcoins available now for margin long positions.
If you believe the price will rise faster than you need to pay interest, you might want to take a small long position...?
1122  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 06, 2016, 08:33:09 AM
I am glad to see people buying Moneros. It is great thing to see the adaption.

Wasn't your last post that you wanted people to dump Monero onto your bid orders at .001?

No it was not, my last post was something related to bitcoin.

That being said, I still want to buy Moneros for 0.001, this has not changed. However, I am unable to do so since the price seem to be against me in that matter.
But, I am happy for what I have and not to think too much what I do not have. After all, it is better for Monero that the price goes up than the dumpers feeding my greed to get more Moneros.
1123  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 06, 2016, 08:07:17 AM
I am glad to see people buying Moneros. It is great thing to see the adaption.
Also probably soon should Risto's Monero fund start taking investments.
Once hundreds of millions of euros start flowing into the small market cap of Monero the price can do nothing but explode especially considering the scarce emission.
1124  Economy / Speculation / Re: Bitcoin will hit $3k-$4k by end of 2017 on: July 04, 2016, 08:19:47 PM
2016 seems to be much like 2012 - a preparation for Super Bull run for the next year. If the same trend continues bitcoin will end up touching tens of thousands of dollars and then having a stable value in thousands of dollars in 2017 onwards.
The price is still incredible low and gives excellent opportunities to collect a few bitcoins fro here and there - one never have too many coins I guess. When the price is high, then you have something to sell for the newcomers who are desperately trying to get even some fractions of bitcoins.
1125  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 03, 2016, 03:56:56 PM
Rumor is Zcash investors are abandoning the project and moving to Monero. Can anyone confirm ?

EDIT: This definitely doesn't look like a typical monero pump, the hash rate has gone up considerably - Difficulty: 2067380883, that's some 4-5MH/s of brand new hash power in the last 48h alone.

Primer- is shilling Monero now? What is the world coming to?

There a religious conversions, political conversions, and even sexual conversions, so why can't we have currency conversions?



I am pretty thrilled and pumped over the fact that even the very last trolls are on the way to conversion. It is a hard and painful process for some people, but once you have done it you will not regret your decision.

I am seeing the future pretty bright and I am looking forward to Risto's Monero fund, where is it - still on pipeline?
He has been pretty silent over this project, the last information I have is that he is going to offer 1000-50 000 euros Monero bags to the next generation of Bagholders.

Also it is nice to see how Monero price is rising. Go go go!
We are not even close pricewise to the days when people are begging us to sell some Moneros. The best is still waiting in the future and will come into reality Soon TM.
1126  Economy / Speculation / Re: 10 BTC. Will I be a millionaire by 2030? on: July 03, 2016, 02:31:05 AM
Maybe after 2030 that thep price of bitcoin will be times 4 or times 7 10 btc is enough for me and i will be a millionaire here in my country.


I don't see a scenerio at all where 10 bitcoins will make you a millionaire. The time where people were made millionaires of bitcoin has passed by. Right now it's about getting traction on the financial markets.
Yeah I agree with you. He will need to increase his holding if he want to become a bitcoin millionaire.

There is only one bitcoin millionaire, that is the Satoshi. But we can become dollar millionaire by holding 10 bitcoin in 20 years.
hehe, If we were to become a bitcoin millionaire by holding 10 bitcoins Satoshi would be a bitcoin billionaire.

Satoshi has 1 million bitcoins. If the bitcoin is worth 1 million each, he will be a dollar trillionaire and increase all the time.

Right, however the more likely it is that those coins will never be spend.
of course satoshi will never spend his/her coins, i think that would have effect of a tragedy on bitcoins then because most of the people would be afraid that the price will be dumped and they would start selling

i think that you might have some potential of becoming a millionaire with bitcoins if you own 10 bitcoins by year 2030, that would be a definitely great thing in my opinion


The challenge will be the holding part. Most people will sell at the bottom of each cycle or at the boom and never buy back their coins.
That is the exact mechanism that makes even today small amounts to be something very valuable in the future.
The maximum amount of bitcoins is only 21 000 000 and the Earth population is 7 billion. That means definetely owning 10 btc makes you wealthy in the long run - and I think 2030 is very long run.
1127  Economy / Speculation / Re: 1 Bitcoin = $1,000,000 on: July 01, 2016, 09:28:25 AM
1 Bitcoin = $1,000,000 USD
21 Million Bitcoins = $21,000,000,000,000 ($21 Trillion USD)


if this happens we will all be rich Cheesy
Even the price of gold has not reached this high. It would take a very long time for bitcoin to even hit $10,000 let alone $1,000,000.

BTC will be 50 000 + USD within 24 months most likely.
The peak will be pretty sudden and it will escalate within days rather than within months. However, the preparation will take some months of roller coaster
1128  Economy / Speculation / Re: Your predictions for 2016 on: July 01, 2016, 08:37:15 AM
My predictions for the rest of 2016 are not very bright but there will come a ncice price increase and that will be at the end of this year so be sure you sold all of your coins at the end of this year.

I have to say i was quite positive till the halving.  After the halving I didn't expect anything to be honest.
Seeing the price going down so fast makes me believe the same thing would have happened after the halving.

Price was expected to be higher at this stage, but it didn't happen and we really don't know what will be the price in next few days, but lets hope that price goes higher at halving.

The bitcoin rice is already higher than 6 months ago. The halving effect has been priced in. We need other factors to drive the price up.

halving will come soon, i think bitcoin will be rise again, not know how much but i think better we must go all in at bitcoin investment Smiley

I am actually selling some of my other investments to buy more bitcoins. Potentially btc will rise 100 times during the coming 24 months from the current levels.
1129  Economy / Speculation / A Word of Warning to the Bears on: July 01, 2016, 08:33:00 AM
Hello,

I hereby issue a word of warning to all the bears.
If you feel you need the cash right now, then by all means, sell some coin(s).
However, bear in mind the fact that you probably never can get those coins back at lower price. Therefore, shorting Bitcoin is basically financial suicide and very wrong position to be ATM. Shorters however, are the stupid money persons that will add fire to Bitcoin in this rush to the Moon once their positions will be liquidated at higher price.
Bitcoin is now at the stage that it is pretty much too big to fail (on the other hand, too small to be considered as currency thus giving very lucrative odds for making new millionaires and the current btc millionaires to billionaires).

Now it is time to collect all the Bitcoins that you can get under 1,000,000 usd/btc price range and after that range has achieved, hold it and enjoy stable 10-20 % annual increase in your purchasing power. Therefore, no diversification is needed when btc skyrockets (what else to diversify, fiat money mutual funds perhaps lol?).
1130  Economy / Speculation / Re: 1 Bitcoin = $1,000,000 on: June 30, 2016, 06:21:12 PM
Each person own 1 Bitcoin and hold on to it for 20+ years.

Bitcoin is the best investment of all time. Owning Bitcoin is better than owning a house.


Sounds pretty long time frame to me especially considering the fact that the age of btc is already only 7 years - and even that has felt like forever.
However, holding 1-5 btc should not be impossible, and even larger amounts as long as you are having income from other sources and are not forced to sell at current levels.
1131  Economy / Speculation / Re: Bitcoin DUMP! on: June 29, 2016, 06:38:34 PM
This is usual since the beginning of bitcoin, once there is a big pump, expect a big dump too.

The important thing to look at, is the correction. Where it will be landed after the big pump? It's more to put concern that the panic selling that will happened after such huge pump.

I think we had the dump already from 780 to 540 and now it is stablizing to 630-650 area from where the odds are higher to go up than down IMO. Obviously it is not guaranteed to rise so there is a probability of 20-30 % to furter go down. It is your job to decide if this probability is high or low.
1132  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 29, 2016, 06:30:02 PM
...

A good meme of a guy who just realized he is getting rich with Moneros would be nice, I tried to find one but did not find anything suitable.
Anyhow, holding a bag of Moneros and basically doing nothing is ironically the best way to become rich. Too much Trading just makes you lose your coins to the pockets of whales.

P.S. Noticed that Monero is about to get some publicity from this guy (read from the comment box): https://www.youtube.com/watch?v=VD9GOslS4zg

... but without those who sell low hoping to buy lower the whales will starve.

Sell Monero!  Save the Whales!

Sounds like Civil Right Movement issue.
The problem is, as the price rises it means extinction of Monero whales. That's the very reason I am running a collection to save Heuristic in my signature.
1133  Economy / Speculation / Re: Bitcoin DUMP! on: June 29, 2016, 06:20:55 PM
I wish we had a dump but I doubt it. The weak hands have sold already and the next profit taking area will be higher as the Trading range is getting tighter and tighter all the time.
1134  Economy / Speculation / Re: 10 BTC. Will I be a millionaire by 2030? on: June 29, 2016, 06:18:44 PM
2030 Bitcoin will be pretty expensive or dead Project. That's for sure IMO. If Bitcoin survives these halvings with strong Network, it will be unstoppable and pretty much the ending result is in space. Otherwise we need to admit our loss and give up.

I would not limit my btc holdings to any number, the only limitation should be your money, not the amount of coins.
1135  Economy / Speculation / Re: Hold onto your balls gentlemen , the halvening is coming! ;) on: June 29, 2016, 06:16:29 PM
I doubt the price is high enough after halving for selling, therefore I advice holding minimum 5-10 yrs. In that time span we will see the truth about BTC. When BTC is 10 + yrs old it should be mature enough to gain reputation in the eyes of bankers. I am actually seeing in my crystal ball the Central bänks starting to buy Bitcoins in the same manner they are doing with bullion gold.
1136  Economy / Speculation / Re: We are down again? on: June 29, 2016, 06:09:09 PM
If the price declines, there is only one solution: Buy more coins, I guess.
More bitcoins will not hurt IMO, and any coin squeezed from the market is less available for traders and bears.
When  grandmothers are using btc it is time to sell, and probably you do not even need to sell at that moment since the infrastructure has developed enough.
1137  Economy / Speculation / Re: Should I buy now? on: June 29, 2016, 06:06:14 PM
No I would not buy any bitcoins right now because of the fact that its not very profitable and the price is also pretty high compared with a month ago..

If you compare the current price vs. price on December 2013, is it still pretty high?
1138  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 29, 2016, 06:01:17 PM
...

A good meme of a guy who just realized he is getting rich with Moneros would be nice, I tried to find one but did not find anything suitable.
Anyhow, holding a bag of Moneros and basically doing nothing is ironically the best way to become rich. Too much Trading just makes you lose your coins to the pockets of whales.

P.S. Noticed that Monero is about to get some publicity from this guy (read from the comment box): https://www.youtube.com/watch?v=VD9GOslS4zg

... but without those who sell low hoping to buy lower the whales will starve.

TcTroll, why do you keep shilling this guy.

Monero has been mentioned a few times in his vids and he seems to be a decent and sane guy.
1139  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 29, 2016, 05:13:16 PM
Why are my Moneros almost 10 % more expensive than 24 hrs ago? Something drastic taking Place?


Nothing is happening. Pay no attention to Monero.  Roll Eyes

A good meme of a guy who just realized he is getting rich with Moneros would be nice, I tried to find one but did not find anything suitable.
Anyhow, holding a bag of Moneros and basically doing nothing is ironically the best way to become rich. Too much Trading just makes you lose your coins to the pockets of whales.

P.S. Noticed that Monero is about to get some publicity from this guy (read from the comment box): https://www.youtube.com/watch?v=VD9GOslS4zg
1140  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 29, 2016, 04:37:49 PM
Why are my Moneros almost 10 % more expensive than 24 hrs ago? Something drastic taking Place?
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