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61  Economy / Economics / Re: When do you buy Bitcoin ? on: October 11, 2016, 04:26:44 PM
I was buying till few days back when price was at $600 level, but today price has gone to $635 so I don't think its a good time to buy as price is bit high to make an investment.
thats right price is really high for those who already got in first but knowing btc it can happen to go back 800$ or maybe much bigger so buying little by little and keep it store for much longer still profitable.

Yeah and its good to see price rising and if the trend continues then we may see even higher price in next couple of months so its better to keep on buying in small parts as ultimately it will give you profits in long run.

The upper trend of the bitcoin price is not broken. The price of bitcoin is still 200% higher than last year.
62  Economy / Economics / Re: Can we Manipulate Bitcoin price? on: October 11, 2016, 04:23:51 PM
you can manipulate bitcoin price
but your must have much bitcoin, minimum you must have 10K bitcoin , or over 6 milion dollar

Yeah. Thaat is a lot but that is really how much you should have now to atleast move bitcoin price from where it is now. Although that number is still low it will just make a little impact.

The bitcoin price is still very low at present. Most people do not know about the bitcoin. If more people use the bitcoin, the price will rise.
63  Economy / Economics / Re: Should I believe in Bitcoin ? on: September 29, 2016, 05:38:24 PM
iam always believe bitcoin
because with bitcoin my money is growth
Always? I think that is unrealistic for now, the price of bitcoin is not only going in one direction, it fluctuates and even fall back hard. So, with that being said, one cannot say that because of bitcoin their money is growing and we do not want that to instill in the minds of the newbie here.
I also always believed. the problem that prices fluctuate it depending on your strategy. If you are good in seeing the opportunity, such as when the price is low. It will became a profit and will always grow. also you need not worry when prices fell because in the end it will always return increased. so believe in bitcoin.

Trading the bitcoin with some other altcoins could be a good way to make profit. But you have to find the right coin.
64  Other / Off-topic / Re: Do you actively spend your bitcoins? on: September 29, 2016, 05:37:21 PM
I hoard my bitcoins for my next generation. So no I don't spend them.



I think that is a good idea but let us just hope that bitcoin price will not goes down after how many years.  It is also good that you are thinking about the future of your family but I think I would not agree with you on that.  I could save some for them but not all of it.  I wanted to taste and savor the bitcoins that I earned.  By doing it it gives me more energy and determination to keep on earning.

If the bitcoin is developed actively and it remains the major currency, it will rise in price in the long time.
65  Economy / Economics / Re: The Halvening on: September 21, 2016, 06:47:02 AM
Also If you say it would hit as low as $300 then a lot of miners would probably stop cause that means their payment just got halved, why would they continue? That being the case, bitcoin circulation would be more difficult.
That's just a simple answer because for defining doing the mining is not profitable in this time a lot of people just considering from 1 perspective and they're not considering from the another reason from halving.

If your electricity price is low and heating is not a problem, you can continue mining. It is still profitable.

It is better to mine with the newer cards. The resale value is also quite good and you can mine  more efficiently.
66  Economy / Economics / Re: Can we Manipulate Bitcoin price? on: September 21, 2016, 06:45:28 AM
If you have a lot of money and a knowledge on trading, obviously you can do so at your own will. Significant movements in prices require a lot of money and wouldn't be an instant feat. Leverage trading might also help, but still it depends to you how you do it.
though it still would be really hard because i dont think that you would like to risk a lot of money when trying to manipulate

If you have a lot of funds, you can manipulate the price for the short term. But in the long term, the price is affected by supply and demand.
67  Economy / Economics / Re: Can we Manipulate Bitcoin price? on: September 04, 2016, 07:15:17 AM
Surely you can manipulate the price of bitcoin but only if you have a million dollar to trade in the free market.

Without a million dollar it is impossible to manipulate the price of bitcoin. It is easier to manipulate the price of a small altcoin which has just started.

If you are one person that is the way. But groups are made to also manipulate it even with just small fluctuations. We do also have a small impact in it. Just by spending or exchanging to altcoins or fiat is a movement.
thats true, there are even groups who are pumping the bitcoins and they can manipulate the bitcoin price really strong unfortunately though its their way of making money

We cannot prevent the manipulation of the bitcoin price.
What we can do is to join the manipulation and make some money ourselves/.
68  Economy / Economics / Re: The Halvening on: September 04, 2016, 07:13:57 AM
your intensions on halving are not very good its because you have some misknowledge about halving. halving does not increase the bitcoin price its just halfs the block rewards which miners are getting for every block

The halving will reduce the supply of the new coins. If the demand is the same, the price of all the coins will rise.
69  Alternate cryptocurrencies / Mining (Altcoins) / Re: Best GPU for Ethereum on: August 18, 2016, 11:46:48 AM


For the Ethereum mining, the AMD RX 480 is better than the 1060. The 1060 is too expensive and hash less than 480.

i think the better comparison would be between gtx 1060 3GB and RX470.
better choice

gtx 1060 6GB and RX480 are too expensive and without more hashing power

 The price range of the RX 470 and RX 480 is so close they OVERLAP considerably - and everything I've seen to date is that on COMPARABLE cards (both same maker using same ram size/speed) the RX480 does in fact hash a little faster at basically identical efficiency vs. the RX470.

 As far as I'm concerned, the 2 cards are pretty much interchangeable for Ethereum mining - and the REAL issue is AVAILABILITY - for example, as I was working on this post I checked NewEgg - and found a grand total of *3* options available, all RX 470. Other times I've checked it's been a mix or there have ONLY been RX 480s available.

 The price range of the GTX 1060 STARTS at a hair more expensive than the MOST expensive RX 480 - and goes up quite a bit from there. It is NOT really a "similar" price to the RX 480, it's a little more expensive across the board. To make a GTX 1060 a competative card it would have to hash at close to 30MH/s - and I don't remember seeing anyone achieve that in testing, in fact the GTX 1060 seems to hash a little SLOWER than the RX 470 though with a little better hash/watt ratio.


That is right.  I think I will buy the cheaper RX 480 if the price is actually cheaper than the RX 470. 480 would be faster in other algorithms.
70  Economy / Economics / Re: Should I believe in Bitcoin ? on: August 18, 2016, 11:43:58 AM
Only trust in bitcoin if you understand bitcoin and see the benefits of bitcoin towards other, more traditional payment ways.
Then you can believe and invest with peace.

We all are here only because we believe in bitcoins and we are sure that it will reach to new heights in future and giving us an opportunity to earn lots of money from it.

Yes we are not here if we are not going to believe bitcoins. And you are a true bitcoin believer if you are holding some of it today. Because you believe that you know that the price of bitcoin is going to increase for the next months. And we are not going to lost anything if we are going to believe bitcoins so that you can enjoy its services.
If we believe in bitcoin we have a great profit when it succeed in the future but if it will fail then we can always lose our money. That is just how simple it is, everything is a gamble in investment but we can get the best chance if we we believe and we study the market.

There is no need to believe in anything. If it is useful and innovative, just use it. The bitcoin price dropped quite a lot in the last few weeks. I think that is because that people are more interested in the more innovative altcoins.
71  Alternate cryptocurrencies / Mining (Altcoins) / Re: Best GPU for Ethereum on: August 16, 2016, 06:15:09 PM
just read over tomshardware

http://www.tomshardware.com/reviews/nvidia-geforce-gtx-1060-pascal,4679.html

this could be really the best choise...

quaiting for some benchmark...


For the Ethereum mining, the AMD RX 480 is better than the 1060. The 1060 is too expensive and hash less than 480.
72  Economy / Economics / Re: When do you buy Bitcoin ? on: August 16, 2016, 06:13:51 PM
When i enough money for me i m trying to buy bitcoin  but bitcoin price is important for me too it is changing so much some term if i decited to buy a lot of bitcoin i wait fot to bitcoin price will be good .
im always trying to buy as much bitcoins as possible right now either, in my opinion the price of it is going to grow huge in the near future so im holding

That is the right thing to do,  buy it now as price is not too high and hold it for the future to earn more profits from it as price will be much higher in next few months allowing us to make higher profits.

Price getting more serious in going down. Let us all be serious now in buying also to lift up its price once again. I dont really know what is happening or the reason for this fall. Hoping it will just be another wave.
Small buying done by a few would hardly make the price go up, as far as I'm concerned. With a market cap that's still relatively small, the whales are the ones who can make the price move from one direction to another. Best thing still to do is buy while the price is still low, like right now, before the price starts surging again.

Price will only go up if we see big invetors investing big amount of money in it, as of now price is going down and I don't think it will go higher in next coming days.

You might be right. There is no much interest in the bitcoin at present. People are investing in the Ethereum now.
73  Economy / Economics / Re: Can we Manipulate Bitcoin price? on: August 16, 2016, 06:12:34 PM
If the question is directly to me then I would say no because I dont have the power to pump or dump the price, those who can manipulate the price are the exchanges, big holders because we are talking about millions to be dumped or pumped.
if you have at least some bitcoins then you can have an impact on price to be honest, of course only big whales can have a huge impact on it

The biggest impact on the bitcoin is not the whales. It is the bitcoin developers. Their performance determines the bitcoin price.

So far there hasn't been much noticeable development coming from the Core developers. Actually, people are waiting for the moment the update with larger blocks rolls out. That's what you can call a noticeable development.
yeah, it is sad to see that the development roles so slow, if we want to make bitcoin big we need way more action

For the time being, the least thing the developers should do is to increase the block size so that we can have good transaction time.
74  Economy / Economics / Re: Why have Bitcoin instead of cash? on: August 16, 2016, 06:11:10 PM
bitcoin is too safer and secure and its transaction is very faster and bitcoin transaction fees is very lower.
of course bitcoin is way safer, you dont have to give it to someone like banks to hold it and you are the master of your own bitcoins

It depends. If the good bank can give me some interest and can secure my bitcoin, I will use the bitcoin instead of holding it myself.
75  Economy / Economics / Re: Should I believe in Bitcoin ? on: August 16, 2016, 06:09:08 PM
I don't believe in bitcoins. Just mostly more at lisk and waves)) Or etherum
LOL, altcoins would not exist if without bitcoin, if you believe in altcoins then it is just right that you will also believe in bitcoins. Bitcoin is more stable that the others you have mentioned and it has been proven for many years of its existence.

From now on, the altcoins are just independent of the bitcoin. The bitcoin might die, but the altcoins will survive as there are so many of them.

The altcoins are more innovative than the bitcoin. They are grow and get developed faster than the bitcoin, at least for now.

That is true. The Monero and Dash are anonymous coins. The Ethereum can offer support for the smart contracts.
76  Alternate cryptocurrencies / Mining (Altcoins) / Re: Best GPU for Ethereum on: August 15, 2016, 03:48:35 PM
MH/USD - prices in eur
R9 280x - 130, 18MH, 190W, used
R9 290 - 170, 28.5MH, 270W, used
R9 390 - 240, 30MH, 250W, new
RX 470 - 280, 25.5MH, 125W new
RX 480 - 310, 26MH, 135W new
GTX 1070 - 480, 28MH, 90W, new

more accurate one Smiley, not considering bios modding but a tiny msi afterbuner with PL custom settings. With bios modding every vga can be tweaked, more or less.

MH/USD? r9 290
MH/W? GTX 1070

So the GTX 1070 is the best for the long term mining. It is good for other altcoin mining as well. So  might buy the 1070.
77  Economy / Economics / Re: Why have Bitcoin instead of cash? on: August 15, 2016, 03:43:50 PM
bitcoin is too safer and secure and its transaction is very faster and bitcoin transaction fees is very lower.

The bitcoin block size is small, the transaction traffic is congested. So it will not be used widely by the ordinary people in the future as the fee is too high.
78  Economy / Economics / Re: Should I believe in Bitcoin ? on: August 15, 2016, 03:41:53 PM
I don't believe in bitcoins. Just mostly more at lisk and waves)) Or etherum
LOL, altcoins would not exist if without bitcoin, if you believe in altcoins then it is just right that you will also believe in bitcoins. Bitcoin is more stable that the others you have mentioned and it has been proven for many years of its existence.

From now on, the altcoins are just independent of the bitcoin. The bitcoin might die, but the altcoins will survive as there are so many of them.
79  Economy / Economics / Re: Can we Manipulate Bitcoin price? on: August 15, 2016, 03:40:23 PM
If the question is directly to me then I would say no because I dont have the power to pump or dump the price, those who can manipulate the price are the exchanges, big holders because we are talking about millions to be dumped or pumped.
if you have at least some bitcoins then you can have an impact on price to be honest, of course only big whales can have a huge impact on it

The biggest impact on the bitcoin is not the whales. It is the bitcoin developers. Their performance determines the bitcoin price.

That is right. The development determines the usefulness of the bitcoin. If it is adopted by many people, the price will be higher.
80  Economy / Economics / Re: When do you buy Bitcoin ? on: August 15, 2016, 03:38:01 PM
the halving priced in before the actual halving event thats why the price doubled during the past months, there was no other reason for it to grow

It was just a related scene but the real factors why price increase after halving is due to different reasons but not halving as the main one. It was just think of the others since they are expecting a price increase speculation during the halving days so somehow others ride the train.
I do not think that you want to reverse the action with respect to the bitcoin. The fact that everyone expects price growth, and even those who do not have even a bitcoin.
it is really bad that everyone expects it to grow as people hold because of that, i buy bitcoins only when the price is going down really fast
I think every user has a different purpose. maybe she trader to buy bitcoin in a certain time. but you do not need to worry. because of course there are many users are not paying attention to price

I don't believe that they are not looking after the price, it is one of the important thing to consider before you are going to buy and just buy if the price is considered as low price. And well here are some of reasons why people are buying bitcoins, for trading, gambling, buying and for holding. And I hope many are going to buy bitcoins so that the price is going to increase.

I will look at the price before I buy. If it is not over valued, I will buy some and hold for the long term. Otherwise, I will stay on side lines.
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