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1641  Economy / Speculation / Re: About Halving??? on: July 19, 2016, 04:40:03 PM
I think the bitcoin price will rise a lot in the next several years. However, I do not like a big bubble to form.
Bubble will certainly form because marketcap is not big for cryptos and lots of big guys have invested in bitcoin and are trading them daily. Creating pump and dump with so much manipulation. But the one who can make right move according to whale movement will win much than those who keep holding till price get pumped so much and become stable at high price.
1642  Economy / Economics / Re: Why Bitcoin has power nowadays ? on: July 19, 2016, 04:00:05 PM
Bitcoin is actually a revolution in the field of payment processing and storage of wealth which have annonymity and decentralization in inbuilt feature. Which is so crucial and demanded by privacy lover citizen of the world.
1643  Economy / Speculation / Re: Price predictions for after the halving on: July 19, 2016, 03:50:22 PM
I think the bitcoin price could rise 10 times in the next 12 to 24 months. The price rose 50 times after last halving.
50 times in last halving? can you show us how  Huh

Price can't go 10 times within next 12 to 24 hours for sure, as it will take lot more new money to enter into bitcoin economy and marketcap should be increased by atleast 10 times to get 10x price.
1644  Economy / Economics / Re: Bitcoin price rising and rising. Is it time to sell before another price down? on: July 19, 2016, 03:46:48 PM


Already it hit $730.

So is it time to sell? Or you think it will go more higher?
I think it is perfect time to keep holding and buying all cheap bitcoin because support at this price is strong and its been few weeks we have seen this price range. And also after recent halving already mining has become not profitable anymore, so rise in some profitable price is expected but may take few more months.
1645  Other / Off-topic / Re: {share} how you get your first 1 btc? on: July 19, 2016, 02:53:37 PM
Can't remember how many works i have to do online to get my first 1 btc but it took me more time than what it took for you to make 1 btc. It is quite hard to earn online and i am happy that you have finally collected 1 btc even within very less period. Congratulation...
1646  Bitcoin / Bitcoin Discussion / Re: Is stealing Bitcoin illegal? on: July 19, 2016, 02:48:36 PM
Let's say I generate a new address and by some miracle it has Bitcoin already in it belonging to somebody else. Is it legal to just take it? I understand those odds are very low, no need to lecture me, I'm just interested.
ok so even this came true, i don't think this will be considered illegal as you have just tried to generate new bitcoin address rather than trying to find out private key of already exist bitcoin address.
1647  Economy / Speculation / Re: $10k???? on: July 19, 2016, 02:44:43 PM
In 2016, the most a Bitcoin can reach is $750. Halving causes speculations but still.
Getting $10k per Bitcoin will be a dream which will never come true for sure, still you can go for it.

Invest your money and hope you will have a huge profit in the upcoming years.
~Dr.Famous~
I don't think this will actually be only a dream, because if bitcoin can replace and be number one in global payment processors than market cap will be almost 10x of the current market cap. So atleast 7k to 10k$ per bitcoin is possible but may take atleast a decade or more.
1648  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto-currency walet on: July 19, 2016, 10:35:06 AM
I don't deal much with other alts like ltc, doge because holding btc for trading is enough and for bitcoin i use blockchain.info
And regarding other new coin that emerge everyday i hold them in exchanger or their wallet for few days because in early days i don't have download heavy blocks of those alts.

Maintaining wallet for different coin is hard and also to get transaction confirmed for new coins it require lots of confirmation. So i hold all new coins in exchangers mainly in yobit and poloniex.
1649  Bitcoin / Bitcoin Discussion / Re: Does the blockchain ultimately have more potential? on: July 19, 2016, 10:09:08 AM
Does the blockchain ultimately have more potential? Lips sealed Lips sealed Lips sealed
Yes you are correct actually blockchain tech have lot more potentiality than only bitcoin or any coin based on blockchain. Bitcoin have also potentiality in terms of global payment method where as blockchain tech could be implemented in different real life application specially in book keeping. So obviously blockchain have lot more space to grow and can be used in different field.
1650  Bitcoin / Bitcoin Discussion / Re: Blockchain without Bitcoin on: July 19, 2016, 10:02:26 AM
In a simple language, blockchain is public ledger where we can do book keeping just like bank do in their private computer and database. However if they stored those transactions in blockchain than it will give transparency as well as running several nodes gives stability and no network issues in bank transaction. Many coins already have their own blockchain to store transaction and many banks are trying to implement blockchain in their network in future, they are putting lots of money into researching this possibility.
1651  Bitcoin / Bitcoin Discussion / Re: Turkish Residents Flock to Bitcoin During Military Coup on: July 19, 2016, 07:24:36 AM
Devaluation of currency have also forced lots of chinese citizen to invest or atleast convert their wealth to bitcoin, which is quite not effected by a single country economics or politics. And with constant development rise in bitcoin price is quite obvious. Hope that turkey will be returned to their normal stable life and politics.
1652  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a failure? This is untrue. on: July 19, 2016, 06:44:41 AM
Some people are just judging bitcoin in terms of price and may have lost buying bitcoin at high price, so they will never stop saying bitcoin is failure or so. But bitcoin is and will always remain king of crypto.

The only problem for now is block size which may not be enough to handle very high volume of transaction in future. But i am sure this gonna happen if community thinks this is needed.
1653  Bitcoin / Bitcoin Discussion / Re: BitCoin Units on: July 19, 2016, 06:14:30 AM
I know all of the them but i rarely use 1 bits = 100 satoshi rather than it is easy to understand 1 mbtc = 100000 satoshi.
This site should answer your question.
https://en.bitcoin.it/wiki/Units


go through this to understand all values
1654  Bitcoin / Bitcoin Discussion / Re: What are your plans(besides buying things)if bitcoin price skyrockets and... on: July 18, 2016, 10:40:34 AM
What are your plans(besides buying things)if bitcoin price skyrockets and makes you a millionaire in USD
Do you have plans such as starting a business? a restaurant?bar? making art,movies,fashion,etc? creating something?

If bitcoin can make really me a millionaire than i will better start blockchain based company to spread info about how bitcoin can actually work in local stage, provide bitcoin solution to local merchants, local bitcoin exchange wallet whatever i can afford with those million of dollar. Grin
1655  Alternate cryptocurrencies / Altcoin Discussion / Re: The DAO Disaster Illustrates Differing Philosophies in Bitcoin and Ethereum on: July 18, 2016, 10:11:51 AM
If eth doesn't change how dampps will work in future that is not in mainchain they should maintain different chain for damps built on ETH just like lisk. If they don't change this than may be in future another DAO like damps with some vulnerability may force eth again to have hard forked.
1656  Economy / Economics / Re: The dream of getting rich with bitcoins on: July 17, 2016, 05:04:00 PM
Earning good amount of bitcoin either needs lots of knowledge about crypto trading or lots of money and keep those bought coin for several months or even years. I find alt coin trading with even small amount of bitcoin to start, profitable but also risk is high.
1657  Economy / Speculation / Re: Will there ever be another bubble in Bitcoin? on: July 17, 2016, 04:46:24 PM
For me surely it will be moon, not any reason for price to get dumped other than some big whales manipulating market for few hours.
1658  Economy / Speculation / Re: Does Bitcoin price now will be Stable or it will sti go up??? on: July 17, 2016, 04:43:10 PM
I am only seeing lots of reason for price to get pupmed after few weeks or after few months. And till we see that good pump, i think price will swing around 650$ to 700$ range.
1659  Economy / Trading Discussion / Re: Sell BTC anonymously on: July 17, 2016, 03:35:05 PM
Its better you exchange them in yobit, btc-e from where you can withdraw fiat to perfect money which is also quite anonymous in operation. Than sell those fiat to any local guy for cash.
1660  Bitcoin / Bitcoin Discussion / Re: Statistics on the growth of bitcoin? on: July 17, 2016, 03:26:17 PM
Are there any or many statistics on the growth of bitcoin. Can anyone point to a good source?
Particularly the number of people using, holding or even aware of it
Thanks
I don't think we have much more info on actual statistics about total number of bitcoin users, holders etc but we have many trading platform and charts from them as well as coinmarketcap.com give better overall view about cryptos that exist including bitcoin.
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