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1281  Economy / Speculation / Re: Bitcoin in 2020 on: May 15, 2016, 05:06:50 AM
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.

Yes hopefully it could happen, but I believe in 2020 bitcoin will surely increase.
And a lot more people using bitcoin later.
I believe bitcoin will certainly thrive in that year.
1282  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: May 15, 2016, 04:07:16 AM
My plan is to hold the bitcoin as long as possible to make as much as possible profit, I think it can be done if you have a enough patient to do this.
we will not know what will happen in the future on bitcoin, but if you believe, ok it was nice to hold as long as possible.
I prefer to make a profit everyday, rather than just holding, waiting for a long time and did not do anything.

Exactly if you have good skills to grow them then you can actively make efforts to do it, as only holding will not be profitable enough to get best returns.

yes everyone always has a plan to hold longer, and waiting for higher prices. it would be good, if they hold at least 50 BTC or more. but if they hold by a small amount, it is better to grow it. they have to learn trading, this is a good way to make a profit.
Yes to collect 50 BTC is very difficult and very takes quite a long time. We must try and hardworking. Then had to try many methods in order to get many bitcoin and become rich. Everything requires a process.
1283  Economy / Economics / Re: Bitcoin replaces the money? Could happen? on: May 14, 2016, 05:46:56 AM
Bitcoin may not replace the fiat money but might just compete well with paypal and the rest of the payment method that connects the banks to online transactions. I'm beginning not to use my paypal account due to bitcoin. And i think the rest of us too.
Exactly bitcoin will not compete with the banks or the money because it was so different. Bitcoin only compete with like paypal and others. So bitcoin can not replace the money.
1284  Other / Off-topic / Re: How to motivate women to use Bitcoin? on: May 14, 2016, 05:37:15 AM
For me to motivate women to use bitcoin. i think i just to show bitcoin can withdraw and convert into fiat.. if she know if bitcoin is money.. i will teach them how to collect it.. if she know he can easily get bitcoin from faucet and referring people like coins ph maybe she can use it..

Yes you should teach woman that bitcoin is a currency. Once you are able to convenience this, then surely all the woman will be get attractive to bitcoins. The main reason of it is the love of woman for the money is greater than Man.

Indeed I think if they know its a good currency that can be used for many things and its self controllable they will get attracted for sure.


Yes if they are confident and keen surely women will try bitcoin. I'm sure if communicating properly they would be interested because it is definitely bitcoin can get many benefits and can be obtained easily.
1285  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: May 14, 2016, 05:30:29 AM
I think bitcoin is a source to earn fiat money. it cannot make banks disappeared.
Yes highly unlikely bitcoin could make banks disappear. Because as you said, that bitcoin is to earn money. So definitely still require banks to melt into money.
1286  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: May 13, 2016, 08:06:02 AM
my plan to get rich with bitcoin? hmmm, I will make an effort bitcoin exchange and hopefully will be successful
Yes true it was very good to get a lot of bitcoin and increase revenue.
Being rich with bitcoin require great effort and diligent in collecting bitcoin.
1287  Bitcoin / Bitcoin Discussion / Re: Why Banks Hates Bitcoin? on: May 13, 2016, 07:58:41 AM
The big banks don't like Bitcoin because it offers more benefits to end users than traditional checking bank accounts. That's one of the many reasons why some people are closing their bank accounts and flocking to Bitcoin instead. Also Bitcoin can be used as a savings account if you are brave enough to buy and hold coins for the long-term investment value and the interest rate will be much higher. That's why the Blockchain technology is sought-after by fiat financial institutions.


And putting up a bitcoin wallet, doesn't need a money or maintaining balance for opening it. Unlike opening a savings account to the bank, you need to have money for the fees and you need to deposit to have a maintaining balance.
Although banks and bitcoin have differences but I think it does not affect anything on them. Banks do not hate bitcoin, because believe bitcoin will not affect anything on the banks.
1288  Other / Off-topic / Re: How to motivate women to use Bitcoin? on: May 13, 2016, 07:54:17 AM
For me, i always said to my boyfriend that get into bitcoin cause he can buy the things he wants..but first thing hw must know is what is bitcoin  so i give him some link of the site in order for him to start

You should tell him in detail, i mean you don't need just tell him the link, you should offer him, that we don't need to buy the bitcoin, we can earn it, because bitcoin is a easiest way of earning, otherwise we invest it and get profit.  
Yes true once told her we could get bitcoin and can earn money easily.
I'm sure if she was interested and she'll need to use bitcoin and try to do it.
1289  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: May 13, 2016, 03:57:13 AM
Does anyone keep dreaming to be rich with bitcoin?That period already happen now you can have a great income montly around 5-50 btc montly that would allow you to have a good life but being rich nowadays from bitcoin is hard to believe its possible.Even with some good projects the competition is getting harder and harder day by day,soo there is the opportunity to get great income but become rich on the short or medium isnt not possible without a huge investment.
Yes to be rich in bitcoin actually as difficult as being rich in reality. We must strive so that we can get a lot of bitcoin. In bitcoin there are many methods and we can get bitcoin in large numbers. To be rich indeed as you say, we need investment so that we can benefit long term.
But I feel there will not be any difficulty when you are considering the value of bitcoins. Maybe you have meant the number of bitcoins equivalent to the number of dollars. You should not consider the number of bitcoins for becoming rich. Because with price of bitcoins at $400 anyone can be a millionaire only with 2500 bitcoin.
Yes, there is no need of large number of bitcoins to become rich with bitcoin. As you said, a bitcoin millionaire does not need to have 1 million bitcoins. When bitcoins prices hitting $1000, just thousand bitcoins are enough to make a person to be a millionaire .

Agreed, but bitcoin will take long time to reach to $1k its not easy to achieve that milestone, if we see better price at the time of halving then $1k can be achieved by the end of the year.

I do not think it will take very long to be honest because the bitcoin has a very good future if you ask me due to the fact it has such a good even upcoming.
The halving will let the price increase to 1k without doubts.

$1k seems to be impossible to achieve by the end of this year, as we haven't reached to $500 yet and we are expecting double of its price in next 3 months..lol..
No, it takes a long time to be bitcoin could rise to that number. Very difficult if not impossible bitcoin could reach that number this year because of the increase in bitcoin need processes and must be gradual.
1290  Other / Off-topic / Re: How to motivate women to use Bitcoin? on: May 13, 2016, 03:42:37 AM
I managed to motivate my girlfriend in using bitcoin by referring her in a website which you can create your own bitcoin wallet. I got her attention when i said that she would get free load credits by just signing up an account. Later on, as days passed by, her curiosity in bitcoin increases, she researched about the process of mining, distributions, how bitcoin started , faucet claiming and also got into some scam cloud mining. Now, she's into it, fully hooked up in bitcoin.

Wow that is pretty nice if you ask me, my girlfriend is sometimes asking things about the bitcoin but not fully into it although this could happen because she is always asking about it and she is lovely speaking about it.
Maybe when he was asked about bitcoin you can ask her to try bitcoin. If she often asks definitely worth very interested in bitcoin. You have to teach it. If he likes he'll use bitcoin.
1291  Economy / Economics / Re: Bitcoin replaces the money? Could happen? on: May 13, 2016, 01:51:02 AM
Absolutely never bitcoin can never replace the value of fiat. Bitcoin might become the biggest digital currency but it will never replace fiat. Many people owing bitcoins need to know this. As long as bitcoin is priced in $'s fiat will always be dominant over it.
Yes absolutely right bitcoin will not replace the money. Bitcoin now still use the money to determine the price. It is highly unlikely the money disappeared because the money is needed by a country.
1292  Other / Off-topic / Re: How to motivate women to use Bitcoin? on: May 13, 2016, 12:57:09 AM
I think that there will be more people that is going to have some Bitcoin and there will be also a lot of women but we dont know that of course.
As you can see you see that Bitcoin is getting more popular and more used and also by women so that is nice.

I don't think that gender will make any difference but its well and good if women starts using it,as it  will help bitcoin community to grow in long run.
Yes true, but now I am sure there are many women who use bitcoin. My sister after I spoke to profit in bitcoin he immediately used it. Even he could get more than my bitcoin. I believe that women have a good plan to benefit in bitcoin because more women could surely manage finances.
1293  Bitcoin / Bitcoin Discussion / Re: What's stopping people from using bitcoin? on: May 13, 2016, 12:28:37 AM
When I first learned about it, I wasn't too excited about it. Mostly because I wanted to fully understand what I was getting into, but I just didn't have time to do so.
Yes this may be the reason for many to stay away from bitcoin as it is technically too hard to understand and without understanding it properly,many would not adopt it
Actually understand bitcoin is not difficult, and even easy.
Maybe they do not know and give up so stop using bitcoin.
That there are some that occur.
1294  Bitcoin / Bitcoin Discussion / Re: Why do people use so many Bitcoin wallets? on: May 11, 2016, 02:13:22 AM
Thats because many people don't want to lose their coins so they store them in many wallets.
Such as you have many bank accounts because you don't trust to have everything on just one bank.
That's right. We don't want to store all our bitcoins in just one single wallet because if we lose that one single wallet, we lose everything. As for me, I use multiple wallets for 2 different reasons. One type of wallet (cold storage) for holding on to bitcoins and another (hot storage) for regular transactions.
Yes true maybe it is a little complicated but it is useful for security bitcoin on our wallets. It was a great way. We should be careful because if we lose our bitcoin wallet will also lose all bitcoin we got and it will make useless.
1295  Economy / Speculation / Re: Bitcoin in 2020 on: May 11, 2016, 02:07:34 AM
As time passing by, bitcoin is going through also for the improvement. The value itself is continuous rising and it's consistency increasing the price. I think there's no worries at all because we can convert our BTC to our fiat so I don't see it as a threat.

so should every year bitcoin be better, because surely there will be many new things with bitcoin.
maybe in 2020, several countries have adopted the bitcoin and legalized, so that bitcoin has a high price
Nobody will know what is going to happen with Bitcoin and that is the problem because Bitcoin is a currency so that is impossible to predict what the value will be.
The most are hoping that they can earn a lot of money with it in that year but we are of course not for sure if that can happen.
Yes we can not predict the exact value beebrapa years to come because it also depends on the circumstances at that time also. I only wish that year we can get many benefits with bitcoin, and bitcoin we will have a lot to collect with ease.
1296  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: May 11, 2016, 02:01:29 AM
No this will never happen in my eyes because the fact is that the banks are way too big compared with the bitcoin.
I even think it will most likely be the opposite.
Yes true bitcoin can not make banks disappear, it is no longer possible. Also it could be like that you say could be the opposite. Banks have economic power in each region. Not perhaps a country does not need a bank, it's highly unlikely.
1297  Other / Off-topic / Re: How to motivate women to use Bitcoin? on: May 11, 2016, 01:13:14 AM
Just tell them, "hey babe, I've got something for you, but this is an online money and you can only cash it out by exchanging it. And after we converted to real money, we now have our date and buy anything what you want."

First you need to tell her how to earn it, spending is very easy and doesn't require any efforts but to earn it requires great level of dedication.
But in the case of bitcoin , earning it is much more easier than spending it, as I have saw a lot of ways of earning bitcoin online but for spending there are a limited stores (but still sufficient) .Actually I want big companies to adopt bitcoin.

What you are saying is true but majority of women are lazy and don't want to put their efforts as they know that their husband will take care of everything, and at that time it becomes difficult to convince them.

Yes but it is for some women, because I am sure there are many women who can live independently. Some of them certainly nobody likes to collect bitcoin themselves so that they can be independent and not dependent on the husband.
1298  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: May 11, 2016, 12:59:25 AM
My plan is to get rich by simply just use the bitcoin as a investment and make money with it on that way.
I think this is easily possible if we have enough patient for it.
You are right about that I think its better to hold the bitcoins and wait till the bitcoin is gonna rise to a high amount.
I will wait for the halving this year and than reconsider selling and getting rich hopefully.
Yes it needs to be the right time in order to get the maximum benefit. Then it must have good instincts to sell bitcoin at the right time. Continues to collect bitcoin also must be done so that we can gather more bitcoin.
1299  Economy / Speculation / Re: Bitcoin in 2020 on: May 10, 2016, 01:36:40 PM
I began my career in the bictoin . In 2010 the bitcoin was worth 0.01 euro , now a bitcoin worth 400 euros. I ask myself a question: what will be its value in 2020 ?.

A friend told me that its value will be 10,000 euros. Shocked

Sorry for the spelling for I am french . Wink

Thank you for your replies Smiley

No one telling you the right answer, but i want telling you, may be bitcoin will never achieve that amount as you are thinking, but bitcoin is a good investment,if you do it, you never feel that you have done a mistake.

Exactly right, because bitcoin is best online currency, and it will get more achievement in future, i always say that bitcoin is a future currency, if you save your bitcoin for future, confirm, you will get profit.
The hard thing is that nobody will know what the value will be in the future and that is the problem and Bitcoin is a currency so you dont know what there will happen with it.
But the most are hoping also that the value is going to be more worth so they can sell it in that year with a lot of profit.
YES we can not predict for sure what happened in 2020. But I hope in the bitcoin prices will be higher and will continue to rise. So that we can benefit a lot.
1300  Other / Off-topic / Re: How to motivate women to use Bitcoin? on: May 10, 2016, 01:03:15 PM
There must be more clothes stores that must accept Bitcoin so there will be also more women that is going to see it in the stores that they are going to accept Bitcoin.
And they will get to know about it and maybe they will use it by themselves.
Yes, but even if there is a clothing store or whatever it if women do not recognize bitcoin then they will not use it. Simply by introducing bitcoin sure he would use if he needed, if not make them interested in bitcoin it will be very easy to steer in order to use bitcoin.
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