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203
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Economy / Speculation / Re: Bitcoin in 2020
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on: June 23, 2016, 05:00:01 PM
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Nobody will know what the value will be in 2020 and that is because Bitcoin is a currency and you can never predict a currency and that is the problem, it is just wait and see.
But I think that Bitcoin is getting be more used and that would be nice for the currency itself.
Yeah we already know that bitcoin is unpredictable but we are here to predict if what is the value will be in 2020 and for me in my speculation The price of bitcoin will be around 1k value to 2k value this is just my speculation.. Yes maybe in 2020 the value of bitcoin will be more than that. I hope that in that year there will be many people using bitcoin, and bitcoin will da lots adoption. I believe bitcoin in it will grow and still give us an advantage. main thing is the more are involved and spread the bigger price will be in 2020 i really expect to see 4 digits as stable price not to mentioned that it might come to unimaginable 5 digits (that personally dont think it will come to it until 2024 at least) Most users hope for such a stable 4digit value. This might happen as quoted by the year 2020. To have such a stable value enormous adoption is continuously required. im hopping for that to happen we have all right signs for it i hope we can all pull this out unless something that its not expected happen but there is no reason for that Bottom line if it would happen bitcoin to be progressing and evolving keep pace with the times. I believe bitcoin in 2020 will be able to develop better than now. Yes it will continue to progress and adopt by everyone. We gladly see merchants now accepting bitcoin as one of their payments. This is getting bigger because of the technology that keeps on getting develop. Yes its getting better and better due to the fact that its gaining so much popularity these days, the bitcoin has a very good future a head and it will rise also to some high prices later on. |
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204
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Economy / Speculation / Re: bitcoin continuous rising?
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on: June 23, 2016, 04:44:57 PM
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I'd advise to hold right now,it's not a time for selling
If you want play safe, i think it's better to sell all your bitcoins now, same like i do. Because i think the price of bitcoin will have a huge down and i don't know is the bitcoin's price will incrrease again or not. I do not think selling is good right now the price is maybe okay to sell but I would wait a bit longer to also make a lot more money at the end. Its just that you can make good money with just holding right now. |
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207
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Economy / Economics / Re: Companies that pay in Bitcoin ?
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on: June 22, 2016, 06:31:29 PM
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I once got payed in bitcoin for a service so its done sometimes but its depending on what market and what kind of company it is.
Some IT company's are doing this, well that is what I heard!
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208
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Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be used for Good?
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on: June 22, 2016, 06:28:10 PM
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Absolutely yes, there are some merchant selling their product with bitcoin as the payment.
Indeed and the fact is also that its gaining users and getting globally knowing due to this its just a matter of time before it will be used for good. |
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210
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Economy / Exchanges / Re: Localbitcoins
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on: June 22, 2016, 06:18:36 PM
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Localbitcoins all the way its a good pay method and they can be trusted without any doubts, they have a great service and there are some nice dealers over there.
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211
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Economy / Gambling discussion / Re: Why Gambling is Fun?
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on: June 22, 2016, 06:02:51 PM
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It's fun because of excitement and adrenaline if you will win or lose, how much money will you get. When it stops to be fun it's time to quit gambling.
Yes you can get so much enjoyment from it and its also that you can gain a lot of money with it so that is also the point. I really think gambling is fun due to the game and the money you can win. |
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214
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Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin?
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on: June 22, 2016, 02:49:58 PM
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I think if you're getting what you want and you get a decent salary in bitcoin. and get a steady job in bitcoin? why not?
if I get the convenience of course I will go
Even if you get a steady job in bitcoin, your salary will depend on the price of bitcoin and that is really bad, even if you get salary of 5 btc but if price falls back to $100 then what will you do? I agree, bitcoin's price is very volatile as it is very risky to go full time in it. We can't say if it will rise or drop and how big will it be. Its stll better to have a day job because of the stable value of the local currencies. Indeed stepping full into the bitcoin can let you lose a lot of money and it has a lot of risks too due to the fact it can collapse and fall. I do not recommend you to ever do this. |
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215
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Bitcoin / Bitcoin Discussion / Re: BitCoin as Payment option
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on: June 22, 2016, 02:37:47 PM
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If you want to hear what i found about the payment method with the bitcoins i dont like hit because the security of the payment online are so bad you cant get your coins back when you dont received something mean while using paypal that works great.
Yeah Paypal is still good in my opinion, as if anything goes wrong they will help you in recovering your transaction but same doesn't goes with bitcoin at a moment. You are right but if you are using a sort of escrow it is these days possible, its a bit as the same security paypal has with its dispute and charge back system. |
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218
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Economy / Service Discussion / Re: It's time to withdraw !
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on: June 22, 2016, 02:32:15 AM
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I believe problem arises because users attempt to withdraw all their btcs. Why not withdraw in batches?
Lets say u have 2 btcs in your fav exchange, why not get your coins out in 5 batches in 12 hours instead of getting all out one shot?
There could be some security mechanism that kick in to protect their users.
Honestly , I think the bitcoins are mine If I store them in a exchange so I should have the ability to withdraw any amount of bitcoin that I have. and I'm not sure about what mechanism we are talking about here since it will be more then likely an inside job. Try not to store your digital currency in online wallet like exchange. I have experience several pains due to this. I stored my dogecoins in crypsty and now all 500k of them are gone. I also lost some btc to mtgox. Better to keep in a cold offline wallet. A offline wallet is always better but the fact is also that its sometimes annoying because of the fact that you cannot pay easily with it. I prefer a online wallet for the payments with a small amount on it of course. |
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219
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Economy / Gambling discussion / Re: Gambling. Is It Wrong?
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on: June 22, 2016, 02:14:11 AM
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Gambling itself is not wrong but doing it for the profit is very wrong in my eyes due to the fact that you can lose a lot of money and you are mostly not only pulling yourself into such problems but also relatives.
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