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7421  Bitcoin / Bitcoin Discussion / Re: Bitcoin IS basically DESTROYED on: May 15, 2016, 04:55:55 PM
There's still demand and supply. Now awaiting the results of halving Smiley

Halving is still pending and not happening yet. Demand today is very high because there are many buyers as for the coming halving.
But after the halving supply will decrease I think.
Well that'd be obvious since more than half of the bitcoin holders are expecting for an increase in value.
More and more people are getting into bitcoins because of possible profit.
7422  Bitcoin / Bitcoin Discussion / Re: Who creates there bitcoin wallet with real info? on: May 15, 2016, 04:49:41 PM
As much as what everyone said before me, bitcoin is made for the with the freedom of anonymity. You are only required to give out your real information if you're going to cash out your money. But if you're earning bitcoins to your wallet and doing transactions online, I don't think you have to provide your real identity.
7423  Economy / Speculation / Re: bitcoin continuous rising? on: May 15, 2016, 01:28:41 PM
I definitely think that it is going to keep on rising. It is just doing so well now and with Bitcoin just around the corner, the price is going to go up a lot.

You mean to say halving around the corner right? Yes and and now we are so near to halving we should hold our coins tight as the value would be more higher in coming months.
Bitcoin is now rising indeed slowly and many people are happy with that because they see and think that they can earn profit with Bitcoin soon and that is nice.
They have to sell it on the right moment otherwise they are losing some money and that would be bad.
You are talking based on pump and dump scenarios. But I do believe on long-term holding with the bitcoins so I never worry about any short-term bumping after that if any dumb follows on.
7424  Economy / Speculation / Re: The future of Bitcoin on: May 15, 2016, 07:03:15 AM
according to me bitcoin will have a very good future and it will survive for longer or maybe till the end, and in the coming future it will have a very good value so it will be accepted internationally all over the world and will be international currency sooner.
Why we cannot call bitcoin now itself as the international currency?

Because we can send and receive bitcoin across borders.
we can buy anything online (online is usually not country specific).
Bitcoins has same value (almost, only differs with exchanges) to all the countries.

So, The future of bitcoin yet to achieve would be higher value of bitcoins.
7425  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: May 15, 2016, 06:51:28 AM
I don't think that it's can be real even sometimes, dollar is so strong currency, bitcoin can't even compete with dollar so we can't talk about replacment and other stuff.

As quoted replacing of dollar is really a hard thing. Only the increase in adoption can be experienced. This increase in user adoption will help bitcoin to grow as a additional currency.

Replacement of the dollar by Bitcoin is possible. In practice this does not happen never. The dollar will remain forever even as a numismatic coin, such as ancient coins. Before we all die for sure dollar still will be dominant coin and adoption must need for bitcoin to rule the world.
But I do not think so.
When people realize the real benefits of bitcoins then definitely they will leave off using dollars. Already people are not using paper money or metal coins. They are using plastic cards or Internet banking.

These are symptoms and possibilities for bitcoin to be successful to replace dollars.
7426  Economy / Economics / Re: How would you double $100,000 safely? on: May 15, 2016, 06:46:35 AM
Double your $100k in one year? Easy, just buy that amount in bitcoin today. Place in a cold wallet, then check back in a year. It may have even tripled or quadrupled by then. You can thank me later.
You are right. No other investment would be safer and faster than bitcoin to double our investment within one year. Just buying bitcoins now and saving it for some time would definitely double our investments.
7427  Economy / Speculation / Re: Bitcoin in 2020 on: May 14, 2016, 08:40:07 PM
It would be nice if Bitcoin can reach a high value in that year because now there are a lot of people that is still waiting for a price increase so that would be nice for them.
And of course you are not for sure that it can happen but you should take the risk that you are going to hold it.
I am pretty sure 2020 bitcoin prices are already above $ 1000, although it is still vague, but if this continues bitcoin rise it could happen, but right now we can only wait
But with my analysis I can predict, the recent raise of bitcoins prices will continue (even with some ups downs as usual) bitcoin prices would definitely reach more than $10k price levels for sure by the year of 2020.
7428  Economy / Speculation / Re: Your predictions for 2016 on: May 14, 2016, 08:32:39 PM
Bitcoin will have not the best year in this year and that is because the value keeps stable for a long time and that is bad because many people wants to make profit.
And that is now not possible for them and that must change soon otherwise they cant make profit with it,
We are having plenty of time remaining within this year. So, there are lot of possibilities we can expect to make this year as a year of bitcoin. My prediction for 2016 would be, we are going to see new all time high price for bitcoins this year.
7429  Bitcoin / Bitcoin Discussion / Re: So, why do we need to use Bitcoin? on: May 13, 2016, 05:26:29 PM
We need to use the bitcoin for the point its self controllable and also that it has such good features like it is global use able, you can pay in any country with it so long its accepted by the stores.
Other than those, bitcoin is really needed for our own security as well. The payments done with fiat, you can be traced because banks/money handlers/payers track you for their record whilst with bitcoins, your anonimity is secured.
7430  Economy / Gambling discussion / Re: Is their any safe methods to gamble? on: May 13, 2016, 05:21:23 PM
if there is a faucet that I take it and then put the rate of 2% to win and do it in a loop until you win

It is a safe methods to gamble you do not use your money, but you play it from faucets
I think do not have risk if you have loss of bitcoin in gambling.
You are right, when there is no money in gambling bankroll from our hand then gambling must be very much worry free so we can call it the safe methods to gamble. But, the faucet earning are very less to gamble more.
7431  Economy / Economics / Re: android bitcoin apps on: May 13, 2016, 05:16:19 PM
Highly recommend BitMaker. It maybe low on output but it's fairly easy to use plus it doesn't steal any information about you or your phone.
I haven't tried the Xapo apps but I will try it now and see if they are worth it.
7432  Bitcoin / Bitcoin Discussion / Re: Why Banks Hates Bitcoin? on: May 11, 2016, 08:32:39 PM
Because they know that bitcoin is a better system than banks.

Bitcoins are probably going to drive them out of business. That's why they hate it so much.

Might be. If bitcoins will be used as a good investing currency to other mutual funds or other trending funds then it will be a hell of good outcome for bitcoin holders. We know what banks do in our savings that are being hold by them. They use it for their own profit. While they give us just the small amount of what they earned.
Yes, when bitcoins turns into full fledged investment option, then banks will face many difficulties with their profit levels, like people will go for only bitcoin investments because bitcoin will be more safer and more profitable than the traditional bank investments or mutual funds.
7433  Other / Beginners & Help / Re: How earn Bitcoins fast and free?? on: May 11, 2016, 08:28:21 PM
bitcoin its like money, you need to work to earn it
yes, earning bitcoin is as simple as earning our salary. For many people, earning fiats are more easier than struggling with unknown methods for bitcoin. My humbled suggestions to those people are, just to buy bitcoins from your regular income on regular basis.
7434  Bitcoin / Bitcoin Discussion / Re: So, why do we need to use Bitcoin? on: May 11, 2016, 08:22:03 PM
To get rich of course, why else?
uh huh, nothing else for my part.
the price of bitcoin is high enough and we can earn is easily as long as we have internet connection and a computer or smartphone.

so why we need bitcoin is because bitcoin is money we can buy something with or convert it to fiat and buy things.
And because the usage of it is more easy than any other currency with which we buy something, and with other currencies we have to pay some high fees to the payment procesors which is saved with bitcoin.
7435  Economy / Gambling discussion / Re: If you were rich, would you still gamble? on: May 11, 2016, 08:15:53 PM
I will play gambling until whenever. I'll play for grabbing the money. if I'm already rich, I will help my friends to achieve success with gambling. I know, my life could have been better because of gambling.

You are a one and only man for me, who said gambling make your life better, otherwise i have seen the most of the people, whose life has been lost everything because of gambling.

Well, it's very rare to meet people that said gambling make his life better. If i were rich, i would still gamble, but only gambling for fun. Because we already rich and no need money anymore.
It is not that bad if you are going to gamble and that is because there are a lot of people that wants to gamble but they dont have the money for it so that is bad.
But you never know what will happen when you are gambling and that is the problem.
It is not compulsory that people play only those games which are paid, if they are unable to pay on those games then there are a lot of sites available on internet where they can play those games without paying, just for fun.
7436  Economy / Gambling discussion / Re: When gambling makes you cry. on: May 11, 2016, 08:00:08 PM
When i just need like 5% from my balance and need to get it to make my balance even but crying because lost the last bet  Cry

why you crying because lost the last bet? you knew it in gambling only win or lost. not easy to win if you not lucky.
so bet you can affrod to lose.
And sometime those people also lose their money in gambling who are lucky everywhere and are winning in every arena, it is because gambling is only a place of entertainment and not a market or arena.
7437  Economy / Speculation / Re: ZeroHedge bullish on Bitcoin: "Mother Of All Short Squeezes" Looms For Bitcoin. on: May 09, 2016, 02:05:12 PM
That was a long read. I'd have to add from the article that if indeed the government started hoarding bitcoins, not only that the bitcoin price will go up, they would also be able to monopolize it. Although it would be a really good publicity, I'm not sure whether it would be good for us.
7438  Bitcoin / Bitcoin Discussion / Re: The Proposal To Increase Bitcoin Supply Above 21 Million Coins. on: May 09, 2016, 01:56:50 PM
Link or it didn't happen
Exactly. I don't know where this idea came from as I've never heard of any proposals to increase the supply cap. I did a little google search and no actual article or report is published on the first 10 pages.
7439  Bitcoin / Bitcoin Discussion / Re: Bitcoin Block Reward Halving on: May 09, 2016, 01:52:13 PM
Don't worry OP, as most of the replies here, your hash rate will not decrease, only the amount of btc you will get. Although there isn't probably much to worry about because it is speculated that the price would also surge after the halving.
7440  Bitcoin / Bitcoin Discussion / Re: Do you have 100+ BTC ? - How do you plan to cashout ? on: May 09, 2016, 01:43:04 PM
Some satflaps could even answer this question. You just bunked coinbase and localbitcoins, which are probably the best places to sell your coins. And of course it would trigger a flag if you hastily cash out 50 BTC. I mean, why would you do that? Banks have their daily limits. I guess it applies for bitcoin wallets too, since it's money we're talking about.
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